BBHY vs. JPLD

Last updated Jun 6, 2026

BBHY (JPMorgan BetaBuilders USD High Yield Corporate Bond ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - BBHY is a High Yield Bonds fund tracking the ICE BofA US High Yield Index, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. BBHY is passively managed, while JPLD is actively managed. Over the past year, BBHY returned 6.84% vs 4.53% for JPLD. At a 0.44 correlation, their price movements are largely independent. BBHY charges 0.15%/yr vs 0.24%/yr for JPLD.

Performance

BBHY vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBHY achieves a 1.29% return, which is significantly higher than JPLD's 0.98% return.

BBHY

• 1D: -0.44%
• 1M: -0.32%
• YTD: 1.29%
• 6M: 1.70%
• 1Y: 6.84%
• 3Y*: 8.52%
• 5Y*: 4.03%
• 10Y*: —

JPLD

• 1D: -0.13%
• 1M: -0.08%
• YTD: 0.98%
• 6M: 1.35%
• 1Y: 4.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBHY vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF	1.29%	8.51%	7.81%	5.77%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	0.98%	6.01%	6.49%	3.23%

Correlation

The correlation between BBHY and JPLD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.44

BBHY vs. JPLD - Sectors Allocation Comparison

Sectors	BBHY	JPLD
Consumer Cyclical	10.0%	1.6%
Industrials	8.4%	0.1%
Communication Services	7.9%	10.1%
Healthcare	5.4%	5.6%
Energy	5.2%	0.1%
Financial Services	4.1%	13.7%
Technology	4.0%	7.4%
Real Estate	3.9%	7.8%
Basic Materials	3.2%	1.4%
Consumer Defensive	2.5%	0.1%
Utilities	2.0%	0.4%

Return for Risk

BBHY vs. JPLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBHY

BBHY Risk / Return Rank: 64
BBHY Sharpe Ratio Rank: 58
BBHY Sortino Ratio Rank: 64
BBHY Omega Ratio Rank: 63
BBHY Calmar Ratio Rank: 61
BBHY Martin Ratio Rank: 72

JPLD

JPLD Risk / Return Rank: 91
JPLD Sharpe Ratio Rank: 91
JPLD Sortino Ratio Rank: 95
JPLD Omega Ratio Rank: 94
JPLD Calmar Ratio Rank: 85
JPLD Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBHY vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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.

	BBHY	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	1.89	3.10	-1.21
Sortino ratio: Return per unit of downside risk	2.85	5.04	-2.19
Omega ratio: Gain probability vs. loss probability	1.37	1.64	-0.28
Calmar ratio: Return relative to maximum drawdown	2.89	4.53	-1.63
Martin ratio: Return relative to average drawdown	12.98	21.00	-8.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBHY vs. JPLD - Sharpe Ratio Comparison

The current BBHY Sharpe Ratio is 1.89, which is lower than the JPLD Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of BBHY and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBHY	JPLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	3.10	-1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	3.23	-2.59

Drawdowns

BBHY vs. JPLD - Drawdown Comparison

The maximum BBHY drawdown since its inception was -24.98%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for BBHY and JPLD.

Drawdown Indicators

	BBHY	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-24.98%	-1.17%	-23.81%
Max Drawdown (1Y) Largest decline over 1 year	-2.37%	-1.00%	-1.37%
Max Drawdown (3Y) Largest decline over 3 years	-5.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.32%	—	—
Current Drawdown Current decline from peak	-0.58%	-0.18%	-0.40%
Average Drawdown Average peak-to-trough decline	-2.37%	-0.15%	-2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	0.22%	+0.31%

Volatility

BBHY vs. JPLD - Volatility Comparison

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) has a higher volatility of 1.16% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.37%. This indicates that BBHY's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBHY	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.16%	0.37%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	2.89%	0.98%	+1.91%
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	1.47%	+2.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.26%	1.83%	+5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.53%	1.83%	+5.70%

BBHY vs. JPLD - Expense Ratio Comparison

BBHY has a 0.15% expense ratio, which is lower than JPLD's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BBHY vs. JPLD - Dividend Comparison

BBHY's dividend yield for the trailing twelve months is around 6.97%, more than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF	6.97%	7.24%	7.18%	6.49%	5.92%	4.06%	4.73%	4.99%	5.02%	4.81%	1.42%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBHY and JPLD in my portfolio?

BBHY and JPLD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBHY or JPLD?

BBHY has higher volatility (1.16%) compared to JPLD (0.37%). In terms of maximum drawdown, BBHY dropped -24.98% vs JPLD's -1.17%.

Which ETF is better, BBHY or JPLD?

On 1-year performance, BBHY leads with 6.84% vs 4.53% for JPLD. On fees, BBHY is cheaper at 0.15% per year. On volatility, JPLD has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBHY or JPLD?

Over the 1-year period, BBHY has performed better with a 6.84% return vs 4.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBHY or JPLD?

BBHY is cheaper with a 0.15% expense ratio, compared with 0.24% for JPLD.

Which ETF pays a higher dividend yield, BBHY or JPLD?

BBHY has the higher dividend yield at 6.97%, compared with 4.21% for JPLD.

What is the main difference between BBHY and JPLD?

BBHY is categorized as High Yield Bonds, while JPLD is Short-Term Bond. Their fees differ too: 0.15% for BBHY and 0.24% for JPLD.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (3.10 vs 1.89), 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.