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BATAX vs. JMSIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BATAXJMSIX
YTD Return6.96%7.43%
1Y Return9.56%11.52%
3Y Return (Ann)3.20%1.65%
5Y Return (Ann)3.22%2.54%
Sharpe Ratio4.043.74
Sortino Ratio9.286.63
Omega Ratio2.392.00
Calmar Ratio15.211.75
Martin Ratio39.3027.32
Ulcer Index0.24%0.42%
Daily Std Dev2.37%3.07%
Max Drawdown-17.42%-18.41%
Current Drawdown-0.52%-0.43%

Correlation

-0.50.00.51.00.6

The correlation between BATAX and JMSIX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BATAX vs. JMSIX - Performance Comparison

In the year-to-date period, BATAX achieves a 6.96% return, which is significantly lower than JMSIX's 7.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.95%
4.82%
BATAX
JMSIX

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BATAX vs. JMSIX - Expense Ratio Comparison

BATAX has a 0.00% expense ratio, which is lower than JMSIX's 0.40% expense ratio.


JMSIX
JPMorgan Income Fund
Expense ratio chart for JMSIX: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for BATAX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

BATAX vs. JMSIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series A Portfolio (BATAX) and JPMorgan Income Fund (JMSIX). 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.


BATAX
Sharpe ratio
The chart of Sharpe ratio for BATAX, currently valued at 4.04, compared to the broader market0.002.004.004.04
Sortino ratio
The chart of Sortino ratio for BATAX, currently valued at 9.28, compared to the broader market0.005.0010.009.28
Omega ratio
The chart of Omega ratio for BATAX, currently valued at 2.39, compared to the broader market1.002.003.004.002.39
Calmar ratio
The chart of Calmar ratio for BATAX, currently valued at 15.21, compared to the broader market0.005.0010.0015.0020.0025.0015.21
Martin ratio
The chart of Martin ratio for BATAX, currently valued at 39.49, compared to the broader market0.0020.0040.0060.0080.00100.0039.49
JMSIX
Sharpe ratio
The chart of Sharpe ratio for JMSIX, currently valued at 3.74, compared to the broader market0.002.004.003.74
Sortino ratio
The chart of Sortino ratio for JMSIX, currently valued at 6.63, compared to the broader market0.005.0010.006.63
Omega ratio
The chart of Omega ratio for JMSIX, currently valued at 2.00, compared to the broader market1.002.003.004.002.00
Calmar ratio
The chart of Calmar ratio for JMSIX, currently valued at 1.75, compared to the broader market0.005.0010.0015.0020.0025.001.75
Martin ratio
The chart of Martin ratio for JMSIX, currently valued at 27.32, compared to the broader market0.0020.0040.0060.0080.00100.0027.32

BATAX vs. JMSIX - Sharpe Ratio Comparison

The current BATAX Sharpe Ratio is 4.04, which is comparable to the JMSIX Sharpe Ratio of 3.74. The chart below compares the historical Sharpe Ratios of BATAX and JMSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.04
3.74
BATAX
JMSIX

Dividends

BATAX vs. JMSIX - Dividend Comparison

BATAX's dividend yield for the trailing twelve months is around 5.85%, more than JMSIX's 5.63% yield.


TTM2023202220212020201920182017201620152014
BATAX
BlackRock Allocation Target Shares Series A Portfolio
5.85%5.82%3.90%2.63%3.48%4.78%5.25%4.66%6.64%1.48%0.00%
JMSIX
JPMorgan Income Fund
5.63%5.31%4.80%4.04%4.84%5.07%5.42%5.42%5.47%5.72%0.92%

Drawdowns

BATAX vs. JMSIX - Drawdown Comparison

The maximum BATAX drawdown since its inception was -17.42%, smaller than the maximum JMSIX drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for BATAX and JMSIX. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.52%
-0.43%
BATAX
JMSIX

Volatility

BATAX vs. JMSIX - Volatility Comparison

The current volatility for BlackRock Allocation Target Shares Series A Portfolio (BATAX) is 0.28%, while JPMorgan Income Fund (JMSIX) has a volatility of 0.60%. This indicates that BATAX experiences smaller price fluctuations and is considered to be less risky than JMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%JuneJulyAugustSeptemberOctoberNovember
0.28%
0.60%
BATAX
JMSIX