BBBS vs. JPST
Compare and contrast key facts about Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and JPMorgan Ultra-Short Income ETF (JPST).
BBBS and JPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBBS is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg U.S. Corporate BBB 1-5 Year Index. It was launched on Jan 23, 2024. JPST is an actively managed fund by JPMorgan Chase. It was launched on May 17, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBBS or JPST.
Correlation
The correlation between BBBS and JPST is 0.63, 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
BBBS vs. JPST - Performance Comparison
Key characteristics
BBBS:
2.86
JPST:
9.40
BBBS:
4.38
JPST:
18.82
BBBS:
1.60
JPST:
4.60
BBBS:
4.92
JPST:
18.39
BBBS:
15.41
JPST:
133.08
BBBS:
0.46%
JPST:
0.04%
BBBS:
2.46%
JPST:
0.58%
BBBS:
-1.43%
JPST:
-3.28%
BBBS:
-0.68%
JPST:
-0.04%
Returns By Period
In the year-to-date period, BBBS achieves a 1.46% return, which is significantly higher than JPST's 1.37% return.
BBBS
1.46%
-0.06%
1.51%
6.91%
N/A
N/A
JPST
1.37%
0.20%
2.17%
5.42%
3.09%
N/A
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BBBS vs. JPST - Expense Ratio Comparison
BBBS has a 0.19% expense ratio, which is higher than JPST's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BBBS vs. JPST — Risk-Adjusted Performance Rank
BBBS
JPST
BBBS vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) and JPMorgan Ultra-Short Income ETF (JPST). 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.
Dividends
BBBS vs. JPST - Dividend Comparison
BBBS's dividend yield for the trailing twelve months is around 4.51%, less than JPST's 4.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
BBBS Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF | 4.51% | 4.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPST JPMorgan Ultra-Short Income ETF | 4.98% | 5.16% | 4.79% | 1.83% | 0.73% | 1.43% | 2.69% | 2.07% | 0.96% |
Drawdowns
BBBS vs. JPST - Drawdown Comparison
The maximum BBBS drawdown since its inception was -1.43%, smaller than the maximum JPST drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for BBBS and JPST. For additional features, visit the drawdowns tool.
Volatility
BBBS vs. JPST - Volatility Comparison
Bondbloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) has a higher volatility of 1.29% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.29%. This indicates that BBBS's price experiences larger fluctuations and is considered to be riskier than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.