UBVFX vs. OLGAX

Last updated Jun 4, 2026

UBVFX (Undiscovered Managers Behavioral Value Fund Class R6) and OLGAX (JPMorgan Large Cap Growth Fund Class A) are both mutual funds - UBVFX is a Large Cap Value Equities fund actively managed by JPMorgan, while OLGAX is a Large Cap Growth Equities fund managed by JPMorgan. Over the past 10 years, UBVFX returned 10.14%/yr vs 19.58%/yr for OLGAX. A 0.56 correlation means they provide meaningful diversification when combined. UBVFX charges 0.80%/yr vs 1.01%/yr for OLGAX.

Performance

UBVFX vs. OLGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Undiscovered Managers Behavioral Value Fund Class R6 (UBVFX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with UBVFX having a 7.56% return and OLGAX slightly higher at 7.74%. Over the past 10 years, UBVFX has underperformed OLGAX with an annualized return of 10.14%, while OLGAX has yielded a comparatively higher 19.58% annualized return.

UBVFX

• 1D: 0.55%
• 1M: 2.19%
• YTD: 7.56%
• 6M: 8.55%
• 1Y: 14.91%
• 3Y*: 12.94%
• 5Y*: 7.39%
• 10Y*: 10.14%

OLGAX

• 1D: 0.66%
• 1M: 6.67%
• YTD: 7.74%
• 6M: 6.37%
• 1Y: 21.23%
• 3Y*: 23.49%
• 5Y*: 13.44%
• 10Y*: 19.58%

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

UBVFX vs. OLGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UBVFX Undiscovered Managers Behavioral Value Fund Class R6	7.56%	1.89%	13.22%	14.81%	-1.08%	34.40%	3.60%	23.42%	-15.16%	13.53%
OLGAX JPMorgan Large Cap Growth Fund Class A	7.74%	13.79%	34.85%	34.28%	-25.58%	17.87%	55.60%	38.81%	0.23%	37.75%

Correlation

The correlation between UBVFX and OLGAX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.56

Over the past year, the correlation between UBVFX and OLGAX has dropped to 0.31 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

Return for Risk

UBVFX vs. OLGAX — Risk / Return Rank

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

UBVFX

UBVFX Risk / Return Rank: 15
UBVFX Sharpe Ratio Rank: 13
UBVFX Sortino Ratio Rank: 15
UBVFX Omega Ratio Rank: 13
UBVFX Calmar Ratio Rank: 20
UBVFX Martin Ratio Rank: 16

OLGAX

OLGAX Risk / Return Rank: 19
OLGAX Sharpe Ratio Rank: 24
OLGAX Sortino Ratio Rank: 21
OLGAX Omega Ratio Rank: 23
OLGAX Calmar Ratio Rank: 14
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.

UBVFX vs. OLGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Undiscovered Managers Behavioral Value Fund Class R6 (UBVFX) 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.

	UBVFX	OLGAX	Difference
Sharpe ratio: Return per unit of total volatility	1.00	1.40	-0.40
Sortino ratio: Return per unit of downside risk	1.60	1.93	-0.33
Omega ratio: Gain probability vs. loss probability	1.18	1.25	-0.07
Calmar ratio: Return relative to maximum drawdown	1.62	1.29	+0.33
Martin ratio: Return relative to average drawdown	4.50	3.66	+0.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBVFX vs. OLGAX - Sharpe Ratio Comparison

The current UBVFX Sharpe Ratio is 1.00, which is comparable to the OLGAX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of UBVFX 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

	UBVFX	OLGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	1.40	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.67	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.91	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.50	-0.08

Drawdowns

UBVFX vs. OLGAX - Drawdown Comparison

The maximum UBVFX drawdown since its inception was -52.01%, smaller than the maximum OLGAX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for UBVFX and OLGAX.

Drawdown Indicators

	UBVFX	OLGAX	Difference
Max Drawdown Largest peak-to-trough decline	-52.01%	-63.25%	+11.24%
Max Drawdown (1Y) Largest decline over 1 year	-10.31%	-16.92%	+6.61%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	-21.55%	+0.11%
Max Drawdown (5Y) Largest decline over 5 years	-21.44%	-31.34%	+9.90%
Max Drawdown (10Y) Largest decline over 10 years	-52.01%	-31.87%	-20.14%
Current Drawdown Current decline from peak	-2.05%	0.00%	-2.05%
Average Drawdown Average peak-to-trough decline	-6.21%	-18.70%	+12.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	5.94%	-2.24%

Volatility

UBVFX vs. OLGAX - Volatility Comparison

Undiscovered Managers Behavioral Value Fund Class R6 (UBVFX) has a higher volatility of 4.31% compared to JPMorgan Large Cap Growth Fund Class A (OLGAX) at 3.87%. This indicates that UBVFX'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

	UBVFX	OLGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	3.87%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	10.77%	11.22%	-0.45%
Volatility (1Y) Calculated over the trailing 1-year period	16.70%	15.60%	+1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.33%	20.18%	+0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	21.58%	+3.03%

UBVFX vs. OLGAX - Expense Ratio Comparison

UBVFX has a 0.80% expense ratio, which is lower than OLGAX's 1.01% expense ratio.

Dividends

UBVFX vs. OLGAX - Dividend Comparison

UBVFX's dividend yield for the trailing twelve months is around 8.83%, less than OLGAX's 10.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OLGAX JPMorgan Large Cap Growth Fund Class A	10.97%	11.82%	2.06%	0.00%	3.20%	15.30%	5.32%	13.03%	16.18%	14.92%	9.94%	4.51%
UBVFX Undiscovered Managers Behavioral Value Fund Class R6	8.83%	9.49%	7.47%	8.43%	9.05%	3.53%	1.08%	5.07%	11.74%	4.75%	3.31%	3.87%

Frequently Asked Questions

Can I hold both UBVFX and OLGAX in my portfolio?

UBVFX and OLGAX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UBVFX or OLGAX?

UBVFX has higher volatility (4.31%) compared to OLGAX (3.87%). In terms of maximum drawdown, UBVFX dropped -52.01% vs OLGAX's -63.25%.

Which has better risk-adjusted returns?

OLGAX currently has the higher Sharpe Ratio (1.40 vs 1.00), 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.