OSGIX vs. PMEGX

Last updated Aug 1, 2026

OSGIX (JPMorgan Mid Cap Growth Fund Class A) and PMEGX (T. Rowe Price Institutional Mid Cap Equity Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, OSGIX returned 13.03%/yr vs 9.78%/yr for PMEGX. Their correlation of 0.94 means they have usually moved in the same direction. OSGIX charges 1.14%/yr vs 0.61%/yr for PMEGX.

Performance

OSGIX vs. PMEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Mid Cap Growth Fund Class A (OSGIX) and T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OSGIX achieves a 2.34% return, which is significantly lower than PMEGX's 3.03% return. Over the past 10 years, OSGIX has outperformed PMEGX with an annualized return of 13.03%, while PMEGX has yielded a comparatively lower 9.78% annualized return.

OSGIX

• 1D: 2.75%
• 1M: -4.85%
• 6M: 2.40%
• YTD: 2.34%
• 1Y: 2.61%
• 3Y*: 12.98%
• 5Y*: 4.63%
• 10Y*: 13.03%
• ALL TIME*: 9.37%

PMEGX

• 1D: 0.47%
• 1M: -1.53%
• 6M: 2.67%
• YTD: 3.03%
• 1Y: 6.19%
• 3Y*: 6.28%
• 5Y*: 2.15%
• 10Y*: 9.78%
• ALL TIME*: 10.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
OSGIX JPMorgan Mid Cap Growth Fund Class A	$0.00	$0.00	$0.00
PMEGX T. Rowe Price Institutional Mid Cap Equity Growth Fund	$0.00	$0.00	$0.00

OSGIX vs. PMEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OSGIX JPMorgan Mid Cap Growth Fund Class A	2.34%	8.41%	24.96%	22.83%	-27.26%	10.32%	47.86%	39.31%	-5.34%	29.08%
PMEGX T. Rowe Price Institutional Mid Cap Equity Growth Fund	3.03%	3.73%	9.15%	20.69%	-23.19%	15.50%	23.95%	33.08%	-2.23%	26.02%

Correlation

The correlation between OSGIX and PMEGX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.92
Correlation (All Time) Calculated using the full available price history since Jul 30, 1996	0.94

The correlation between OSGIX and PMEGX shifts across timeframes, from 0.81 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

Return for Risk

OSGIX vs. PMEGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OSGIX

OSGIX Risk / Return Rank: 5
OSGIX Sharpe Ratio Rank: 5
OSGIX Sortino Ratio Rank: 5
OSGIX Omega Ratio Rank: 5
OSGIX Calmar Ratio Rank: 5
OSGIX Martin Ratio Rank: 5

PMEGX

PMEGX Risk / Return Rank: 10
PMEGX Sharpe Ratio Rank: 9
PMEGX Sortino Ratio Rank: 10
PMEGX Omega Ratio Rank: 9
PMEGX Calmar Ratio Rank: 10
PMEGX Martin Ratio Rank: 11

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OSGIX vs. PMEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Growth Fund Class A (OSGIX) and T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OSGIX	PMEGX	Difference
Sharpe ratio: Return per unit of total volatility	0.03	0.31	-0.28
Sortino ratio: Return per unit of downside risk	0.18	0.56	-0.38
Omega ratio: Gain probability vs. loss probability	1.02	1.06	-0.04
Calmar ratio: Return relative to maximum drawdown	0.04	0.41	-0.37
Martin ratio: Return relative to average drawdown	0.12	1.39	-1.27

OSGIX vs. PMEGX - Sharpe Ratio Comparison

The current OSGIX Sharpe Ratio is 0.03, which is lower than the PMEGX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of OSGIX and PMEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OSGIX vs. PMEGX - Drawdown Comparison

The maximum OSGIX drawdown since its inception was -57.79%, roughly equal to the maximum PMEGX drawdown of -55.88%. Use the drawdown chart below to compare losses from any high point for OSGIX and PMEGX.

Drawdown Indicators

	OSGIX	PMEGX	Difference
Max Drawdown Largest peak-to-trough decline	-57.79%	-55.88%	-1.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.25%	-10.21%	-4.04%
Max Drawdown (3Y) Largest decline over 3 years	-25.54%	-27.99%	+2.45%
Max Drawdown (5Y) Largest decline over 5 years	-37.26%	-32.87%	-4.39%
Max Drawdown (10Y) Largest decline over 10 years	-37.26%	-37.16%	-0.10%
Current Drawdown Current decline from peak	-7.56%	-6.20%	-1.36%
Average Drawdown Average peak-to-trough decline	-12.24%	-8.99%	-3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.83%	3.04%	+1.79%

Volatility

OSGIX vs. PMEGX - Volatility Comparison

JPMorgan Mid Cap Growth Fund Class A (OSGIX) has a higher volatility of 5.95% compared to T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) at 2.50%. This indicates that OSGIX's price experiences larger fluctuations and is considered to be riskier than PMEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OSGIX	PMEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.95%	2.50%	+3.45%
Volatility (6M) Calculated over the trailing 6-month period	15.33%	10.49%	+4.84%
Volatility (1Y) Calculated over the trailing 1-year period	18.94%	13.64%	+5.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.70%	20.11%	+2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.77%	19.75%	+3.02%

OSGIX vs. PMEGX - Expense Ratio Comparison

OSGIX has a 1.14% expense ratio, which is higher than PMEGX's 0.61% expense ratio.

Dividends

OSGIX vs. PMEGX - Dividend Comparison

OSGIX's dividend yield for the trailing twelve months is around 12.03%, less than PMEGX's 20.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OSGIX JPMorgan Mid Cap Growth Fund Class A	12.03%	12.31%	18.67%	0.00%	0.98%	10.97%	12.80%	8.61%	8.45%	7.36%	0.05%	6.01%
PMEGX T. Rowe Price Institutional Mid Cap Equity Growth Fund	20.48%	21.10%	14.15%	7.07%	1.65%	12.80%	4.44%	5.11%	10.42%	6.30%	1.04%	6.18%

Frequently Asked Questions

Can I hold both OSGIX and PMEGX in my portfolio?

OSGIX and PMEGX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OSGIX or PMEGX?

OSGIX has higher volatility (5.95%) compared to PMEGX (2.50%). In terms of maximum drawdown, OSGIX dropped -57.79% vs PMEGX's -55.88%.

Which has better risk-adjusted returns?

PMEGX currently has the higher Sharpe Ratio (0.31 vs 0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.