PGINX vs. GAOAX
Compare and contrast key facts about Impax Global Environmental Markets Fund Institutional Class (PGINX) and JPMorgan Global Allocation Fund A (GAOAX).
PGINX is managed by Pax World. It was launched on Mar 27, 2008. GAOAX is managed by JPMorgan. It was launched on May 31, 2011.
Performance
PGINX vs. GAOAX - Performance Comparison
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PGINX vs. GAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGINX Impax Global Environmental Markets Fund Institutional Class | -0.76% | 14.14% | 5.15% | 16.85% | -22.39% | 22.25% | 26.00% | 28.18% | -14.20% | 26.80% |
GAOAX JPMorgan Global Allocation Fund A | -3.89% | 14.68% | 7.91% | 12.69% | -18.74% | 3.60% | 15.29% | 15.95% | -6.07% | 16.82% |
Returns By Period
In the year-to-date period, PGINX achieves a -0.76% return, which is significantly higher than GAOAX's -3.89% return. Over the past 10 years, PGINX has outperformed GAOAX with an annualized return of 9.70%, while GAOAX has yielded a comparatively lower 5.74% annualized return.
PGINX
- 1D
- 3.63%
- 1M
- -6.55%
- YTD
- -0.76%
- 6M
- -2.65%
- 1Y
- 14.79%
- 3Y*
- 8.49%
- 5Y*
- 4.39%
- 10Y*
- 9.70%
GAOAX
- 1D
- 1.47%
- 1M
- -6.40%
- YTD
- -3.89%
- 6M
- -2.79%
- 1Y
- 9.60%
- 3Y*
- 8.41%
- 5Y*
- 1.86%
- 10Y*
- 5.74%
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PGINX vs. GAOAX - Expense Ratio Comparison
PGINX has a 0.90% expense ratio, which is lower than GAOAX's 1.04% expense ratio.
Return for Risk
PGINX vs. GAOAX — Risk / Return Rank
PGINX
GAOAX
PGINX vs. GAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Impax Global Environmental Markets Fund Institutional Class (PGINX) and JPMorgan Global Allocation Fund A (GAOAX). 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.
| PGINX | GAOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 0.86 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.24 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.17 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.10 | +0.19 |
Martin ratioReturn relative to average drawdown | 4.52 | 4.47 | +0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PGINX | GAOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.86 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.17 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.53 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.54 | -0.19 |
Correlation
The correlation between PGINX and GAOAX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PGINX vs. GAOAX - Dividend Comparison
PGINX's dividend yield for the trailing twelve months is around 23.89%, more than GAOAX's 10.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGINX Impax Global Environmental Markets Fund Institutional Class | 23.89% | 23.71% | 4.79% | 0.74% | 0.65% | 2.10% | 0.60% | 0.86% | 4.26% | 3.44% | 0.75% | 1.13% |
GAOAX JPMorgan Global Allocation Fund A | 10.04% | 10.15% | 2.34% | 0.00% | 4.62% | 4.61% | 1.54% | 2.43% | 2.52% | 2.95% | 2.59% | 0.96% |
Drawdowns
PGINX vs. GAOAX - Drawdown Comparison
The maximum PGINX drawdown since its inception was -52.48%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for PGINX and GAOAX.
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Drawdown Indicators
| PGINX | GAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.48% | -29.02% | -23.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.74% | -8.95% | -2.79% |
Max Drawdown (5Y)Largest decline over 5 years | -33.54% | -29.02% | -4.52% |
Max Drawdown (10Y)Largest decline over 10 years | -33.54% | -29.02% | -4.52% |
Current DrawdownCurrent decline from peak | -8.28% | -7.61% | -0.67% |
Average DrawdownAverage peak-to-trough decline | -9.64% | -6.01% | -3.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 2.20% | +1.15% |
Volatility
PGINX vs. GAOAX - Volatility Comparison
Impax Global Environmental Markets Fund Institutional Class (PGINX) has a higher volatility of 7.24% compared to JPMorgan Global Allocation Fund A (GAOAX) at 4.98%. This indicates that PGINX's price experiences larger fluctuations and is considered to be riskier than GAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGINX | GAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 4.98% | +2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 7.55% | +3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.84% | 11.53% | +7.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.10% | 11.03% | +7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 10.81% | +7.25% |