BSBIX vs. JPLD
Compare and contrast key facts about Baird Short-Term Bond Fund Institutional Class (BSBIX) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD).
BSBIX is a passively managed fund by Baird that tracks the performance of the Bloomberg Barclays 1-3 Year U.S. Government/Credit Bond Index. It was launched on Aug 31, 2004. 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: BSBIX or JPLD.
Key characteristics
| BSBIX | JPLD | |
|---|---|---|
| YTD Return | 4.35% | 5.61% |
| 1Y Return | 6.79% | 8.04% |
| Sharpe Ratio | 3.63 | 4.27 |
| Sortino Ratio | 6.00 | 7.35 |
| Omega Ratio | 1.92 | 1.97 |
| Calmar Ratio | 3.79 | 11.48 |
| Martin Ratio | 26.91 | 36.49 |
| Ulcer Index | 0.26% | 0.22% |
| Daily Std Dev | 1.90% | 1.90% |
| Max Drawdown | -6.49% | -0.71% |
| Current Drawdown | -0.67% | -0.65% |
Correlation
The correlation between BSBIX and JPLD is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BSBIX vs. JPLD - Performance Comparison
In the year-to-date period, BSBIX achieves a 4.35% return, which is significantly lower than JPLD's 5.61% 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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BSBIX vs. JPLD - Expense Ratio Comparison
BSBIX has a 0.30% expense ratio, which is higher than JPLD's 0.24% expense ratio.
Risk-Adjusted Performance
BSBIX vs. JPLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Short-Term Bond Fund Institutional Class (BSBIX) 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
BSBIX vs. JPLD - Dividend Comparison
BSBIX's dividend yield for the trailing twelve months is around 4.20%, less than JPLD's 4.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSBIX Baird Short-Term Bond Fund Institutional Class | 4.20% | 3.42% | 1.77% | 1.11% | 1.89% | 2.50% | 2.20% | 1.73% | 1.61% | 1.58% | 1.65% | 1.75% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.48% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BSBIX vs. JPLD - Drawdown Comparison
The maximum BSBIX drawdown since its inception was -6.49%, which is greater than JPLD's maximum drawdown of -0.71%. Use the drawdown chart below to compare losses from any high point for BSBIX and JPLD. For additional features, visit the drawdowns tool.
Volatility
BSBIX vs. JPLD - Volatility Comparison
The current volatility for Baird Short-Term Bond Fund Institutional Class (BSBIX) is 0.32%, while J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) has a volatility of 0.51%. This indicates that BSBIX 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.