BLLD vs. IFRA
Compare and contrast key facts about JPMorgan Sustainable Infrastructure ETF (BLLD) and iShares U.S. Infrastructure ETF (IFRA).
BLLD and IFRA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLLD is an actively managed fund by JPMorgan. It was launched on Sep 7, 2022. IFRA is a passively managed fund by iShares that tracks the performance of the NYSE FactSet U.S. Infrastructure Index. It was launched on Apr 3, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLLD or IFRA.
Key characteristics
| BLLD | IFRA | |
|---|---|---|
| YTD Return | 10.75% | 14.15% |
| 1Y Return | 19.34% | 19.75% |
| Sharpe Ratio | 1.44 | 1.31 |
| Daily Std Dev | 14.98% | 16.74% |
| Max Drawdown | -21.02% | -41.06% |
| Current Drawdown | 0.00% | -1.23% |
Correlation
The correlation between BLLD and IFRA is 0.71, 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.
Performance
BLLD vs. IFRA - Performance Comparison
In the year-to-date period, BLLD achieves a 10.75% return, which is significantly lower than IFRA's 14.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BLLD vs. IFRA - Expense Ratio Comparison
BLLD has a 0.49% expense ratio, which is higher than IFRA's 0.40% expense ratio.
Risk-Adjusted Performance
BLLD vs. IFRA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Sustainable Infrastructure ETF (BLLD) and iShares U.S. Infrastructure ETF (IFRA). 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
BLLD vs. IFRA - Dividend Comparison
BLLD's dividend yield for the trailing twelve months is around 1.48%, less than IFRA's 1.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BLLD JPMorgan Sustainable Infrastructure ETF | 1.48% | 1.64% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% |
IFRA iShares U.S. Infrastructure ETF | 1.73% | 1.98% | 1.98% | 1.63% | 2.08% | 1.68% | 2.50% |
Drawdowns
BLLD vs. IFRA - Drawdown Comparison
The maximum BLLD drawdown since its inception was -21.02%, smaller than the maximum IFRA drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for BLLD and IFRA. For additional features, visit the drawdowns tool.
Volatility
BLLD vs. IFRA - Volatility Comparison
The current volatility for JPMorgan Sustainable Infrastructure ETF (BLLD) is 2.76%, while iShares U.S. Infrastructure ETF (IFRA) has a volatility of 4.77%. This indicates that BLLD experiences smaller price fluctuations and is considered to be less risky than IFRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.