BWDTX vs. JPIE
Compare and contrast key facts about Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) and JPMorgan Income ETF (JPIE).
BWDTX is managed by Boyd Watterson. It was launched on Jul 28, 2016. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BWDTX or JPIE.
Key characteristics
| BWDTX | JPIE | |
|---|---|---|
| YTD Return | 6.41% | 5.50% |
| 1Y Return | 9.66% | 10.07% |
| 3Y Return (Ann) | 4.34% | 2.04% |
| Sharpe Ratio | 5.78 | 3.69 |
| Sortino Ratio | 10.30 | 6.17 |
| Omega Ratio | 2.63 | 1.87 |
| Calmar Ratio | 13.54 | 2.73 |
| Martin Ratio | 50.92 | 27.43 |
| Ulcer Index | 0.19% | 0.37% |
| Daily Std Dev | 1.67% | 2.75% |
| Max Drawdown | -10.06% | -9.96% |
| Current Drawdown | -0.10% | -0.67% |
Correlation
The correlation between BWDTX and JPIE is 0.65, 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
BWDTX vs. JPIE - Performance Comparison
In the year-to-date period, BWDTX achieves a 6.41% return, which is significantly higher than JPIE's 5.50% 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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BWDTX vs. JPIE - Expense Ratio Comparison
BWDTX has a 0.40% expense ratio, which is lower than JPIE's 0.41% expense ratio.
Risk-Adjusted Performance
BWDTX vs. JPIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) and JPMorgan Income ETF (JPIE). 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
BWDTX vs. JPIE - Dividend Comparison
BWDTX's dividend yield for the trailing twelve months is around 5.59%, less than JPIE's 6.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
BWDTX Boyd Watterson Limited Duration Enhanced Income Fund | 5.59% | 5.51% | 3.77% | 2.97% | 3.18% | 3.47% | 4.17% | 2.90% | 1.35% |
JPIE JPMorgan Income ETF | 6.19% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BWDTX vs. JPIE - Drawdown Comparison
The maximum BWDTX drawdown since its inception was -10.06%, roughly equal to the maximum JPIE drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for BWDTX and JPIE. For additional features, visit the drawdowns tool.
Volatility
BWDTX vs. JPIE - Volatility Comparison
Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) and JPMorgan Income ETF (JPIE) have volatilities of 0.44% and 0.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.