VMVFX vs. GAOAX
Compare and contrast key facts about Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and JPMorgan Global Allocation Fund A (GAOAX).
VMVFX is managed by Vanguard. It was launched on Dec 12, 2013. GAOAX is managed by JPMorgan. It was launched on May 31, 2011.
Performance
VMVFX vs. GAOAX - Performance Comparison
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VMVFX vs. GAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 1.71% | 12.74% | 13.38% | 7.82% | -4.48% | 23.74% | -3.99% | 23.28% | -1.79% | 15.93% |
GAOAX JPMorgan Global Allocation Fund A | -5.28% | 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, VMVFX achieves a 1.71% return, which is significantly higher than GAOAX's -5.28% return. Over the past 10 years, VMVFX has outperformed GAOAX with an annualized return of 9.02%, while GAOAX has yielded a comparatively lower 5.59% annualized return.
VMVFX
- 1D
- 0.25%
- 1M
- -5.81%
- YTD
- 1.71%
- 6M
- 2.90%
- 1Y
- 8.07%
- 3Y*
- 11.40%
- 5Y*
- 9.94%
- 10Y*
- 9.02%
GAOAX
- 1D
- -0.10%
- 1M
- -8.53%
- YTD
- -5.28%
- 6M
- -3.90%
- 1Y
- 8.28%
- 3Y*
- 7.88%
- 5Y*
- 1.78%
- 10Y*
- 5.59%
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VMVFX vs. GAOAX - Expense Ratio Comparison
VMVFX has a 0.21% expense ratio, which is lower than GAOAX's 1.04% expense ratio.
Return for Risk
VMVFX vs. GAOAX — Risk / Return Rank
VMVFX
GAOAX
VMVFX vs. GAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) 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.
| VMVFX | GAOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 0.72 | +0.18 |
Sortino ratioReturn per unit of downside risk | 1.30 | 1.06 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.15 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 0.82 | +0.24 |
Martin ratioReturn relative to average drawdown | 5.20 | 3.42 | +1.78 |
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
| VMVFX | GAOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 0.72 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.16 | +0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.52 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.53 | +0.25 |
Correlation
The correlation between VMVFX and GAOAX is 0.81, 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
VMVFX vs. GAOAX - Dividend Comparison
VMVFX's dividend yield for the trailing twelve months is around 9.81%, less than GAOAX's 10.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 9.81% | 9.98% | 3.77% | 3.05% | 4.96% | 12.73% | 2.02% | 5.12% | 7.27% | 2.30% | 2.71% | 3.22% |
GAOAX JPMorgan Global Allocation Fund A | 10.19% | 10.15% | 2.34% | 0.00% | 4.62% | 4.61% | 1.54% | 2.43% | 2.52% | 2.95% | 2.59% | 0.96% |
Drawdowns
VMVFX vs. GAOAX - Drawdown Comparison
The maximum VMVFX drawdown since its inception was -33.09%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for VMVFX and GAOAX.
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Drawdown Indicators
| VMVFX | GAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.09% | -29.02% | -4.07% |
Max Drawdown (1Y)Largest decline over 1 year | -7.96% | -8.95% | +0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -13.02% | -29.02% | +16.00% |
Max Drawdown (10Y)Largest decline over 10 years | -33.09% | -29.02% | -4.07% |
Current DrawdownCurrent decline from peak | -6.03% | -8.95% | +2.92% |
Average DrawdownAverage peak-to-trough decline | -2.84% | -6.01% | +3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 2.15% | -0.52% |
Volatility
VMVFX vs. GAOAX - Volatility Comparison
The current volatility for Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) is 2.61%, while JPMorgan Global Allocation Fund A (GAOAX) has a volatility of 4.64%. This indicates that VMVFX experiences smaller price fluctuations and is considered to be less risky 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
| VMVFX | GAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 4.64% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 4.87% | 7.42% | -2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.02% | 11.46% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.75% | 11.02% | -0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.48% | 10.80% | +1.68% |