BBSA vs. JPLD
Compare and contrast key facts about JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD).
BBSA and JPLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBSA is a passively managed fund by JPMorgan Chase that tracks the performance of the Bloomberg Barclays Short-Term US Aggregate Bond Index. It was launched on Mar 12, 2019. JPLD is an actively managed fund by JPMorgan. It was launched on Feb 2, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBSA or JPLD.
Performance
BBSA vs. JPLD - Performance Comparison
Returns By Period
In the year-to-date period, BBSA achieves a 3.82% return, which is significantly lower than JPLD's 5.88% return.
BBSA
3.82%
0.00%
3.57%
6.13%
1.26%
N/A
JPLD
5.88%
-0.08%
3.71%
7.81%
N/A
N/A
Key characteristics
| BBSA | JPLD | |
|---|---|---|
| Sharpe Ratio | 2.73 | 4.25 |
| Sortino Ratio | 4.30 | 7.24 |
| Omega Ratio | 1.56 | 1.96 |
| Calmar Ratio | 1.30 | 11.29 |
| Martin Ratio | 15.00 | 34.20 |
| Ulcer Index | 0.51% | 0.23% |
| Daily Std Dev | 2.82% | 1.88% |
| Max Drawdown | -9.03% | -0.71% |
| Current Drawdown | -0.84% | -0.40% |
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BBSA vs. JPLD - Expense Ratio Comparison
BBSA has a 0.05% 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%.
Correlation
The correlation between BBSA and JPLD is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BBSA vs. JPLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) 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.
Dividends
BBSA vs. JPLD - Dividend Comparison
BBSA's dividend yield for the trailing twelve months is around 3.46%, less than JPLD's 4.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
BBSA JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF | 3.46% | 2.93% | 1.57% | 1.67% | 2.04% | 2.02% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.47% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BBSA vs. JPLD - Drawdown Comparison
The maximum BBSA drawdown since its inception was -9.03%, which is greater than JPLD's maximum drawdown of -0.71%. Use the drawdown chart below to compare losses from any high point for BBSA and JPLD. For additional features, visit the drawdowns tool.
Volatility
BBSA vs. JPLD - Volatility Comparison
The current volatility for JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) is 0.00%, while J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) has a volatility of 0.47%. This indicates that BBSA experiences smaller price fluctuations and is considered to be less risky than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.