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BILL vs. JPST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BILL and JPST is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

BILL vs. JPST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bill.com Holdings, Inc. (BILL) and JPMorgan Ultra-Short Income ETF (JPST). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
152.17%
14.84%
BILL
JPST

Key characteristics

Sharpe Ratio

BILL:

0.22

JPST:

10.89

Sortino Ratio

BILL:

0.67

JPST:

24.51

Omega Ratio

BILL:

1.08

JPST:

5.59

Calmar Ratio

BILL:

0.12

JPST:

56.90

Martin Ratio

BILL:

0.36

JPST:

296.42

Ulcer Index

BILL:

29.57%

JPST:

0.02%

Daily Std Dev

BILL:

48.87%

JPST:

0.52%

Max Drawdown

BILL:

-87.15%

JPST:

-3.28%

Current Drawdown

BILL:

-73.84%

JPST:

-0.02%

Returns By Period

In the year-to-date period, BILL achieves a 9.72% return, which is significantly higher than JPST's 5.43% return.


BILL

YTD

9.72%

1M

1.89%

6M

85.53%

1Y

7.89%

5Y*

18.64%

10Y*

N/A

JPST

YTD

5.43%

1M

0.35%

6M

2.75%

1Y

5.57%

5Y*

2.80%

10Y*

N/A

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Risk-Adjusted Performance

BILL vs. JPST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bill.com Holdings, Inc. (BILL) 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.


Sharpe ratio
The chart of Sharpe ratio for BILL, currently valued at 0.22, compared to the broader market-4.00-2.000.002.000.2210.89
The chart of Sortino ratio for BILL, currently valued at 0.67, compared to the broader market-4.00-2.000.002.004.000.6724.51
The chart of Omega ratio for BILL, currently valued at 1.08, compared to the broader market0.501.001.502.001.085.59
The chart of Calmar ratio for BILL, currently valued at 0.12, compared to the broader market0.002.004.006.000.1256.90
The chart of Martin ratio for BILL, currently valued at 0.36, compared to the broader market-5.000.005.0010.0015.0020.0025.000.36296.42
BILL
JPST

The current BILL Sharpe Ratio is 0.22, which is lower than the JPST Sharpe Ratio of 10.89. The chart below compares the historical Sharpe Ratios of BILL and JPST, 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 Ratio0.005.0010.00JulyAugustSeptemberOctoberNovemberDecember
0.22
10.89
BILL
JPST

Dividends

BILL vs. JPST - Dividend Comparison

BILL has not paid dividends to shareholders, while JPST's dividend yield for the trailing twelve months is around 5.21%.


TTM2023202220212020201920182017
BILL
Bill.com Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JPST
JPMorgan Ultra-Short Income ETF
5.21%4.80%1.83%0.73%1.43%2.68%2.07%0.96%

Drawdowns

BILL vs. JPST - Drawdown Comparison

The maximum BILL drawdown since its inception was -87.15%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for BILL and JPST. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-73.84%
-0.02%
BILL
JPST

Volatility

BILL vs. JPST - Volatility Comparison

Bill.com Holdings, Inc. (BILL) has a higher volatility of 12.80% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.16%. This indicates that BILL'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.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.80%
0.16%
BILL
JPST
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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