POLIX vs. OLGAX

Last updated Jun 3, 2026

POLIX (Polen Growth Fund) and OLGAX (JPMorgan Large Cap Growth Fund Class A) are both Large Cap Growth Equities funds. Over the past 10 years, POLIX returned 12.70%/yr vs 19.50%/yr for OLGAX. Their correlation of 0.89 suggests significant overlap in exposure. POLIX charges 0.96%/yr vs 1.01%/yr for OLGAX.

Performance

POLIX vs. OLGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen Growth Fund (POLIX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POLIX achieves a -3.38% return, which is significantly lower than OLGAX's 7.03% return. Over the past 10 years, POLIX has underperformed OLGAX with an annualized return of 12.70%, while OLGAX has yielded a comparatively higher 19.50% annualized return.

POLIX

• 1D: 1.86%
• 1M: 6.64%
• YTD: -3.38%
• 6M: -3.53%
• 1Y: 1.64%
• 3Y*: 11.76%
• 5Y*: 3.93%
• 10Y*: 12.70%

OLGAX

• 1D: 0.36%
• 1M: 5.75%
• YTD: 7.03%
• 6M: 5.72%
• 1Y: 20.87%
• 3Y*: 23.21%
• 5Y*: 13.09%
• 10Y*: 19.50%

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

POLIX vs. OLGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POLIX Polen Growth Fund	-3.38%	3.87%	22.57%	39.17%	-38.36%	23.51%	33.25%	37.34%	7.74%	26.47%
OLGAX JPMorgan Large Cap Growth Fund Class A	7.03%	13.79%	34.85%	34.28%	-25.58%	17.87%	55.60%	38.81%	0.23%	37.75%

Correlation

The correlation between POLIX and OLGAX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 17, 2010	0.89

The correlation between POLIX and OLGAX shifts across timeframes, from 0.73 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

POLIX vs. OLGAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

POLIX

POLIX Risk / Return Rank: 3
POLIX Sharpe Ratio Rank: 3
POLIX Sortino Ratio Rank: 3
POLIX Omega Ratio Rank: 3
POLIX Calmar Ratio Rank: 3
POLIX Martin Ratio Rank: 3

OLGAX

OLGAX Risk / Return Rank: 18
OLGAX Sharpe Ratio Rank: 22
OLGAX Sortino Ratio Rank: 20
OLGAX Omega Ratio Rank: 21
OLGAX Calmar Ratio Rank: 13
OLGAX Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

POLIX vs. OLGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen Growth Fund (POLIX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). 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.

	POLIX	OLGAX	Difference
Sharpe ratio Return per unit of total volatility	0.14	1.40	-1.26
Sortino ratio Return per unit of downside risk	0.30	1.93	-1.64
Omega ratio Gain probability vs. loss probability	1.04	1.25	-0.21
Calmar ratio Return relative to maximum drawdown	0.09	1.29	-1.20
Martin ratio Return relative to average drawdown	0.22	3.67	-3.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POLIX vs. OLGAX - Sharpe Ratio Comparison

The current POLIX Sharpe Ratio is 0.14, which is lower than the OLGAX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of POLIX and OLGAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	POLIX	OLGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	1.40	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	0.65	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.91	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.50	+0.18

Drawdowns

POLIX vs. OLGAX - Drawdown Comparison

The maximum POLIX drawdown since its inception was -42.84%, smaller than the maximum OLGAX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for POLIX and OLGAX.

Drawdown Indicators

	POLIX	OLGAX	Difference
Max Drawdown Largest peak-to-trough decline	-42.84%	-63.25%	+20.41%
Max Drawdown (1Y) Largest decline over 1 year	-23.94%	-16.92%	-7.02%
Max Drawdown (3Y) Largest decline over 3 years	-23.94%	-21.55%	-2.39%
Max Drawdown (5Y) Largest decline over 5 years	-42.84%	-31.34%	-11.50%
Max Drawdown (10Y) Largest decline over 10 years	-42.84%	-31.87%	-10.97%
Current Drawdown Current decline from peak	-7.56%	0.00%	-7.56%
Average Drawdown Average peak-to-trough decline	-7.08%	-18.71%	+11.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.54%	5.94%	+3.60%

Volatility

POLIX vs. OLGAX - Volatility Comparison

Polen Growth Fund (POLIX) has a higher volatility of 4.08% compared to JPMorgan Large Cap Growth Fund Class A (OLGAX) at 3.85%. This indicates that POLIX's price experiences larger fluctuations and is considered to be riskier than OLGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POLIX	OLGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	3.85%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	13.11%	11.22%	+1.89%
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	15.62%	+1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.95%	20.18%	+2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.88%	21.58%	+0.30%

POLIX vs. OLGAX - Expense Ratio Comparison

POLIX has a 0.96% expense ratio, which is lower than OLGAX's 1.01% expense ratio.

Dividends

POLIX vs. OLGAX - Dividend Comparison

POLIX's dividend yield for the trailing twelve months is around 37.63%, more than OLGAX's 11.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OLGAX JPMorgan Large Cap Growth Fund Class A	11.04%	11.82%	2.06%	0.00%	3.20%	15.30%	5.32%	13.03%	16.18%	14.92%	9.94%	4.51%
POLIX Polen Growth Fund	37.63%	36.35%	10.47%	0.00%	10.54%	3.97%	1.25%	0.12%	2.77%	1.66%	0.01%	4.29%

Frequently Asked Questions

Can I hold both POLIX and OLGAX in my portfolio?

POLIX and OLGAX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, POLIX or OLGAX?

POLIX has higher volatility (4.08%) compared to OLGAX (3.85%). In terms of maximum drawdown, POLIX dropped -42.84% vs OLGAX's -63.25%.

Which has better risk-adjusted returns?

OLGAX currently has the higher Sharpe Ratio (1.40 vs 0.14), 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.