Correlation
The correlation between CBFSX and USIG is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
CBFSX vs. USIG
Compare and contrast key facts about JPMorgan Corporate Bond Fund (CBFSX) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG).
CBFSX is managed by JPMorgan Chase. It was launched on Mar 1, 2013. USIG is a passively managed fund by iShares that tracks the performance of the ICE BofA US Corporate. It was launched on Jan 5, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBFSX or USIG.
Performance
CBFSX vs. USIG - Performance Comparison
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Key characteristics
CBFSX:
1.05
USIG:
1.09
CBFSX:
1.51
USIG:
1.53
CBFSX:
1.18
USIG:
1.19
CBFSX:
0.51
USIG:
0.58
CBFSX:
2.85
USIG:
3.40
CBFSX:
2.01%
USIG:
1.88%
CBFSX:
5.58%
USIG:
5.89%
CBFSX:
-22.44%
USIG:
-22.21%
CBFSX:
-5.66%
USIG:
-4.88%
Returns By Period
In the year-to-date period, CBFSX achieves a 1.84% return, which is significantly lower than USIG's 2.47% return. Over the past 10 years, CBFSX has outperformed USIG with an annualized return of 2.91%, while USIG has yielded a comparatively lower 2.61% annualized return.
CBFSX
1.84%
-0.48%
-0.17%
5.79%
2.89%
0.40%
2.91%
USIG
2.47%
0.24%
0.52%
6.34%
2.85%
0.32%
2.61%
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CBFSX vs. USIG - Expense Ratio Comparison
CBFSX has a 0.50% expense ratio, which is higher than USIG's 0.04% expense ratio.
Risk-Adjusted Performance
CBFSX vs. USIG — Risk-Adjusted Performance Rank
CBFSX
USIG
CBFSX vs. USIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Corporate Bond Fund (CBFSX) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG). 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.
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Dividends
CBFSX vs. USIG - Dividend Comparison
CBFSX's dividend yield for the trailing twelve months is around 4.61%, more than USIG's 4.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBFSX JPMorgan Corporate Bond Fund | 4.61% | 4.99% | 4.18% | 4.04% | 7.96% | 3.75% | 3.13% | 4.86% | 6.79% | 3.11% | 3.11% | 3.61% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 4.56% | 4.51% | 3.94% | 3.14% | 2.33% | 2.82% | 3.37% | 3.44% | 3.03% | 3.13% | 3.24% | 3.32% |
Drawdowns
CBFSX vs. USIG - Drawdown Comparison
The maximum CBFSX drawdown since its inception was -22.44%, roughly equal to the maximum USIG drawdown of -22.21%. Use the drawdown chart below to compare losses from any high point for CBFSX and USIG.
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Volatility
CBFSX vs. USIG - Volatility Comparison
JPMorgan Corporate Bond Fund (CBFSX) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG) have volatilities of 1.51% and 1.58%, 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.
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