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.
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
Key characteristics
BWDTX:
4.16
JPIE:
3.09
BWDTX:
6.82
JPIE:
4.56
BWDTX:
2.01
JPIE:
1.67
BWDTX:
9.45
JPIE:
6.10
BWDTX:
29.89
JPIE:
17.72
BWDTX:
0.23%
JPIE:
0.39%
BWDTX:
1.62%
JPIE:
2.22%
BWDTX:
-10.06%
JPIE:
-9.96%
BWDTX:
0.00%
JPIE:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with BWDTX having a 0.81% return and JPIE slightly higher at 0.85%.
BWDTX
0.81%
0.71%
2.68%
6.63%
3.96%
N/A
JPIE
0.85%
0.81%
3.13%
6.64%
N/A
N/A
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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 Rank
BWDTX
JPIE
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 5.72%, more than JPIE's 5.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWDTX Boyd Watterson Limited Duration Enhanced Income Fund | 5.72% | 5.77% | 5.51% | 3.77% | 2.97% | 3.18% | 3.47% | 4.17% | 2.90% | 1.35% |
JPIE JPMorgan Income ETF | 5.54% | 6.11% | 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
The current volatility for Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) is 0.48%, while JPMorgan Income ETF (JPIE) has a volatility of 0.77%. This indicates that BWDTX experiences smaller price fluctuations and is considered to be less risky than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.