BCRIX vs. JCBUX

Last updated Jun 23, 2026

BCRIX (BlackRock Advantage CoreAlpha Bond Fund) and JCBUX (JPMorgan Core Bond Fund Class R6) are both Intermediate Core Bond funds. Over the past 10 years, BCRIX returned 1.59%/yr vs 2.08%/yr for JCBUX. Their correlation of 0.91 suggests significant overlap in exposure. BCRIX charges 0.28%/yr vs 0.33%/yr for JCBUX.

Performance

BCRIX vs. JCBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage CoreAlpha Bond Fund (BCRIX) and JPMorgan Core Bond Fund Class R6 (JCBUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCRIX achieves a 0.28% return, which is significantly lower than JCBUX's 0.61% return. Over the past 10 years, BCRIX has underperformed JCBUX with an annualized return of 1.59%, while JCBUX has yielded a comparatively higher 2.08% annualized return.

BCRIX

• 1D: 0.23%
• 1M: 0.86%
• YTD: 0.28%
• 6M: 0.79%
• 1Y: 4.98%
• 3Y*: 4.11%
• 5Y*: -0.46%
• 10Y*: 1.59%

JCBUX

• 1D: 0.29%
• 1M: 0.84%
• YTD: 0.61%
• 6M: 0.67%
• 1Y: 4.88%
• 3Y*: 4.48%
• 5Y*: 0.54%
• 10Y*: 2.08%

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

BCRIX vs. JCBUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BCRIX BlackRock Advantage CoreAlpha Bond Fund	0.28%	6.81%	2.21%	5.07%	-14.70%	-1.97%	8.78%	9.33%	-0.17%	4.17%
JCBUX JPMorgan Core Bond Fund Class R6	0.61%	7.55%	2.25%	5.85%	-12.18%	-0.95%	8.28%	8.59%	0.35%	3.88%

Correlation

The correlation between BCRIX and JCBUX is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Feb 28, 2011	0.91

The correlation between BCRIX and JCBUX has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

Return for Risk

BCRIX vs. JCBUX — Risk / Return Rank

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

BCRIX

BCRIX Risk / Return Rank: 23
BCRIX Sharpe Ratio Rank: 24
BCRIX Sortino Ratio Rank: 25
BCRIX Omega Ratio Rank: 22
BCRIX Calmar Ratio Rank: 23
BCRIX Martin Ratio Rank: 20

JCBUX

JCBUX Risk / Return Rank: 22
JCBUX Sharpe Ratio Rank: 23
JCBUX Sortino Ratio Rank: 24
JCBUX Omega Ratio Rank: 22
JCBUX Calmar Ratio Rank: 23
JCBUX Martin Ratio Rank: 20

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.

BCRIX vs. JCBUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage CoreAlpha Bond Fund (BCRIX) and JPMorgan Core Bond Fund Class R6 (JCBUX). 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.

	BCRIX	JCBUX	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.27	+0.02
Sortino ratio: Return per unit of downside risk	1.96	1.92	+0.04
Omega ratio: Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio: Return relative to maximum drawdown	1.66	1.66	+0.01
Martin ratio: Return relative to average drawdown	4.69	4.61	+0.08

BCRIX vs. JCBUX - Sharpe Ratio Comparison

The current BCRIX Sharpe Ratio is 1.30, which is comparable to the JCBUX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of BCRIX and JCBUX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BCRIX vs. JCBUX - Drawdown Comparison

The maximum BCRIX drawdown since its inception was -20.21%, which is greater than JCBUX's maximum drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for BCRIX and JCBUX.

Drawdown Indicators

	BCRIX	JCBUX	Difference
Max Drawdown Largest peak-to-trough decline	-20.21%	-16.46%	-3.75%
Max Drawdown (1Y) Largest decline over 1 year	-3.01%	-2.96%	-0.05%
Max Drawdown (3Y) Largest decline over 3 years	-6.40%	-5.81%	-0.59%
Max Drawdown (5Y) Largest decline over 5 years	-20.05%	-16.46%	-3.59%
Max Drawdown (10Y) Largest decline over 10 years	-20.21%	-16.46%	-3.75%
Current Drawdown Current decline from peak	-3.81%	-1.47%	-2.34%
Average Drawdown Average peak-to-trough decline	-4.11%	-2.29%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	1.06%	0.00%

Volatility

BCRIX vs. JCBUX - Volatility Comparison

BlackRock Advantage CoreAlpha Bond Fund (BCRIX) has a higher volatility of 1.18% compared to JPMorgan Core Bond Fund Class R6 (JCBUX) at 1.10%. This indicates that BCRIX's price experiences larger fluctuations and is considered to be riskier than JCBUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCRIX	JCBUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.18%	1.10%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	2.81%	2.85%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	3.86%	3.85%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.05%	5.68%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.06%	4.69%	+0.37%

BCRIX vs. JCBUX - Expense Ratio Comparison

BCRIX has a 0.28% expense ratio, which is lower than JCBUX's 0.33% expense ratio.

Dividends

BCRIX vs. JCBUX - Dividend Comparison

BCRIX's dividend yield for the trailing twelve months is around 4.68%, more than JCBUX's 4.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCRIX BlackRock Advantage CoreAlpha Bond Fund	4.68%	4.59%	4.53%	3.41%	1.85%	2.49%	6.25%	3.75%	3.07%	2.81%	3.21%	2.93%
JCBUX JPMorgan Core Bond Fund Class R6	4.22%	4.12%	4.12%	3.66%	2.85%	2.98%	4.15%	3.37%	3.06%	3.03%	3.07%	2.77%

Frequently Asked Questions

Can I hold both BCRIX and JCBUX in my portfolio?

With a correlation of 0.90, BCRIX and JCBUX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BCRIX or JCBUX?

BCRIX has higher volatility (1.18%) compared to JCBUX (1.10%). In terms of maximum drawdown, BCRIX dropped -20.21% vs JCBUX's -16.46%.

Which has better risk-adjusted returns?

BCRIX currently has the higher Sharpe Ratio (1.30 vs 1.27), 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.