Registry rank 916 · Portfolio as of 2026-03-31
JPMorgan U.S. Value Fund
JGAVX (JPMorgan U.S. Value Fund) · JGRUX (JPMorgan U.S. Value Fund) · VGICX (JPMorgan U.S. Value Fund) · VGIFX (JPMorgan U.S. Value Fund) · VGIIX (JPMorgan U.S. Value Fund) · VGINX (JPMorgan U.S. Value Fund) · VGRIX (JPMorgan U.S. Value Fund) · VGRTX (JPMorgan U.S. Value Fund)
The verdict
What the numbers say
This portfolio genuinely differs from the Russell 1000 Value index (63.0% active share). Its 0.94% fee buys real active management; whether it earned that fee is not something holdings can show.
Data provenance
Run 363649da-fcfb-4007-87ef-de06de7710ca; method closet-index@2.0.0; fund accession 0002071691-26-012773; comparison periods and expense-filing links appear with their figures. Machine capture time: 2026-07-29T14:22:09.616Z.
Computed rule checks
0 warnings · 2 checks clear · 1 unavailable
Check clear
· Rule 1
The fund’s filed benchmark and its closest approved index control point to the same comparison.
Methodology rule · visual rules si-visual-explainers@1.0.0
Check clear
· Rule 2
The existing same-index active-share and fee rule does not issue a closet-index warning. This is not a rating.
Methodology rule · visual rules si-visual-explainers@1.0.0
Unavailable
· Rule 3
No complete licensed window and filed headline fee are available together for this check.
Computed on licensed market-return history · filed fee as of 2025-06-30
Methodology rule · visual rules si-visual-explainers@1.0.0
Filed fees in dollars
SEC-convention illustration
Computed from SEC filings
Assumptions for each dollar figure: $100,000 starting amount · 5.0% annual return · annual compounding · fees deducted annually · 0.01% computed index-control baseline. Methodology.
| Share class and filing | 10 years | 20 years | 30 years |
|---|---|---|---|
| JGAVX0.94% · SEC expense filing · as of 2025-06-30 | $13,854 | $43,170 | $100,961 |
| JGRUX0.69% · SEC expense filing · as of 2025-06-30 | $10,238 | $32,273 | $76,329 |
| VGICX1.44% · SEC expense filing · as of 2025-06-30 | $20,855 | $63,526 | $145,359 |
| VGIFX0.54% · SEC expense filing · as of 2025-06-30 | $8,031 | $25,493 | $60,706 |
| VGIIX0.69% · SEC expense filing · as of 2025-06-30 | $10,238 | $32,273 | $76,329 |
| VGINX0.44% · SEC expense filing · as of 2025-06-30 | $6,543 | $20,869 | $49,924 |
| VGRIX0.94% · SEC expense filing · as of 2025-06-30 | $13,854 | $43,170 | $100,961 |
| VGRTX1.19% · SEC expense filing · as of 2025-06-30 | $17,392 | $53,581 | $123,935 |
Real trailing windows
Computed on licensed market-return history
Trailing windows use iShares Russell 1000 Value ETF (IWD) adjusted-close total-return history through 2026-07-29 and the same filed index-control fee baseline as the convention table. Methodology.
| Share class and filing | 10 years | 20 years | 30 years |
|---|---|---|---|
| JGAVXFiled fee as of 2025-06-30 | $23,668Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $83,186Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| JGRUXFiled fee as of 2025-06-30 | $17,480Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $62,143Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| VGICXFiled fee as of 2025-06-30 | $35,671Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $122,589Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| VGIFXFiled fee as of 2025-06-30 | $13,706Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $49,065Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| VGIIXFiled fee as of 2025-06-30 | $17,480Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $62,143Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| VGINXFiled fee as of 2025-06-30 | $11,165Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $40,153Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| VGRIXFiled fee as of 2025-06-30 | $23,668Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $83,186Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| VGRTXFiled fee as of 2025-06-30 | $29,731Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $103,323Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
These figures are illustrations, not predictions or personalized advice. Returns and fees can differ. Read the research disclaimer.
Change the illustration
Computed from SEC filings
Assumptions for the dollar figures below: $100,000 starting amount; 5.0% annual return; 20 years; annual compounding; fees deducted annually; 0.01% computed index-control baseline. JGAVX SEC expense filing, as of 2025-06-30. Methodology.
| Result | Amount |
|---|---|
| Ending value at baseline | $264,825 |
| Ending value at filed expense ratio | $221,654 |
| Difference attributed to fee drag | $43,170 |
This is an illustration, not a prediction or personalized advice. Returns and fees can differ. Read the research disclaimer.
Largest active differences vs the Russell 1000 Value index
The bars are labeled and repeated in the table; color is not the only signal. Linked company names open Buy Like Buffett’s company record; Sensible Investor does not score stocks.
| Holding | Fund | Russell 1000 Value index | Difference |
|---|---|---|---|
| JPMORGAN CHASE & CO. | 0.00% | 2.64% | -2.64% |
| EXXON MOBIL CORPORATION | 0.00% | 2.36% | -2.36% |
| WELLS FARGO & COMPANY | 2.92% | 0.81% | +2.11% |
| CONOCOPHILLIPS | 2.35% | 0.54% | +1.82% |
| BERKSHIRE HATHAWAY INC. | 1.30% | 2.92% | -1.62% |
| CARRIER GLOBAL CORPORATION | 1.75% | 0.15% | +1.61% |
| EOG RESOURCES, INC. | 1.84% | 0.26% | +1.58% |
| ANALOG DEVICES, INC. | 2.04% | 0.51% | +1.53% |
| EATON CORPORATION PUBLIC LIMITED COMPANY | 1.96% | 0.46% | +1.50% |
| GENERAL DYNAMICS CORPORATION | 1.73% | 0.29% | +1.44% |
Source and verification
SEC N-PORT filing · filed 2026-05-29 · period 2026-03-31
SEC expense filing · period 2025-06-30
Cite these figures
Each snippet includes the figure’s source-event date and immutable verification URL.
Best-fit active share
Sensible Investor, “JPMorgan U.S. Value Fund — best-fit active share,” 63.0% versus the Russell 1000 Value index, fund portfolio as of 2026-03-31; measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-31. https://sensible-investor.com/registry/jgavx/as-of/363649da-fcfb-4007-87ef-de06de7710ca
JGAVX filed expense ratio
Sensible Investor, “JPMorgan U.S. Value Fund — filed expense ratio,” 0.94% for JGAVX, as of 2025-06-30. https://sensible-investor.com/registry/jgavx/as-of/363649da-fcfb-4007-87ef-de06de7710ca
JGAVX fee per active unit
Sensible Investor, “JPMorgan U.S. Value Fund — fee per unit of active management,” 1.49% using the JGAVX expense ratio as of 2025-06-30 and fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/jgavx/as-of/363649da-fcfb-4007-87ef-de06de7710ca