APBDX vs. WOBDX
APBDX (Cavanal Hill Bond Fund) and WOBDX (JPMorgan Core Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, APBDX returned 1.05%/yr vs 1.85%/yr for WOBDX. Their correlation of 0.86 suggests significant overlap in exposure. APBDX charges 0.72%/yr vs 0.50%/yr for WOBDX.
Performance
APBDX vs. WOBDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APBDX achieves a 0.18% return, which is significantly lower than WOBDX's 0.45% return. Over the past 10 years, APBDX has underperformed WOBDX with an annualized return of 1.05%, while WOBDX has yielded a comparatively higher 1.85% annualized return.
APBDX
- 1D
- 0.12%
- 1M
- 0.80%
- YTD
- 0.18%
- 6M
- 0.49%
- 1Y
- 3.54%
- 3Y*
- 3.80%
- 5Y*
- -0.23%
- 10Y*
- 1.05%
WOBDX
- 1D
- 0.19%
- 1M
- 0.73%
- YTD
- 0.45%
- 6M
- 0.31%
- 1Y
- 4.01%
- 3Y*
- 4.18%
- 5Y*
- 0.41%
- 10Y*
- 1.85%
APBDX vs. WOBDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APBDX Cavanal Hill Bond Fund | 0.18% | 6.49% | 1.90% | 5.47% | -13.46% | -1.57% | 6.67% | 7.17% | 0.02% | 2.18% |
WOBDX JPMorgan Core Bond Fund | 0.45% | 7.38% | 1.97% | 5.79% | -12.35% | -1.11% | 8.13% | 8.34% | 0.20% | 3.81% |
Correlation
The correlation between APBDX and WOBDX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since May 31, 1991 | 0.86 |
The correlation between APBDX and WOBDX has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
APBDX vs. WOBDX — Risk / Return Rank
APBDX
WOBDX
APBDX vs. WOBDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cavanal Hill Bond Fund (APBDX) and JPMorgan Core Bond Fund (WOBDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| APBDX | WOBDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.45 | -0.10 |
| Martin ratioReturn relative to average drawdown | 3.72 | 4.02 | -0.30 |
Loading charts...
Drawdowns
APBDX vs. WOBDX - Drawdown Comparison
The maximum APBDX drawdown since its inception was -18.21%, which is greater than WOBDX's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for APBDX and WOBDX.
Loading charts...
Drawdown Indicators
| APBDX | WOBDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.21% | -16.65% | -1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -2.99% | +0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -5.81% | -5.96% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -18.21% | -16.65% | -1.56% |
Max Drawdown (10Y)Largest decline over 10 years | -18.21% | -16.65% | -1.56% |
Current DrawdownCurrent decline from peak | -2.38% | -1.61% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -1.90% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 1.07% | -0.05% |
Volatility
APBDX vs. WOBDX - Volatility Comparison
The current volatility for Cavanal Hill Bond Fund (APBDX) is 0.89%, while JPMorgan Core Bond Fund (WOBDX) has a volatility of 1.08%. This indicates that APBDX experiences smaller price fluctuations and is considered to be less risky than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| APBDX | WOBDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 1.08% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 2.82% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.80% | 3.82% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.73% | 5.70% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 4.71% | +0.02% |
APBDX vs. WOBDX - Expense Ratio Comparison
APBDX has a 0.72% expense ratio, which is higher than WOBDX's 0.50% expense ratio.
Dividends
APBDX vs. WOBDX - Dividend Comparison
APBDX's dividend yield for the trailing twelve months is around 3.74%, less than WOBDX's 4.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APBDX Cavanal Hill Bond Fund | 3.74% | 3.54% | 3.45% | 2.65% | 2.41% | 1.85% | 1.79% | 2.24% | 2.16% | 1.62% | 1.97% | 1.79% |
WOBDX JPMorgan Core Bond Fund | 4.07% | 3.97% | 3.95% | 3.51% | 2.68% | 2.82% | 4.00% | 3.23% | 2.91% | 2.88% | 2.84% | 2.54% |
Frequently Asked Questions
APBDX and WOBDX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WOBDX has higher volatility (1.08%) compared to APBDX (0.89%). In terms of maximum drawdown, APBDX dropped -18.21% vs WOBDX's -16.65%.
WOBDX currently has the higher Sharpe Ratio (1.14 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.
Find the right allocation for APBDX and WOBDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer