CGBL vs. JPEM
Compare and contrast key facts about Capital Group Core Balanced ETF (CGBL) and J.P. Morgan Diversified Return Emerging Markets Equity ETF (JPEM).
CGBL and JPEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGBL is an actively managed fund by Capital Group. It was launched on Sep 26, 2023. JPEM is a passively managed fund by JPMorgan Chase that tracks the performance of the JPMorgan Diversified Factor Emerging Markets Equity Index. It was launched on Jan 7, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGBL or JPEM.
Performance
CGBL vs. JPEM - Performance Comparison
Returns By Period
In the year-to-date period, CGBL achieves a 17.18% return, which is significantly higher than JPEM's 5.27% return.
CGBL
17.18%
0.99%
9.06%
23.77%
N/A
N/A
JPEM
5.27%
-2.05%
-1.92%
9.75%
3.96%
N/A
Key characteristics
| CGBL | JPEM | |
|---|---|---|
| Sharpe Ratio | 2.54 | 0.81 |
| Sortino Ratio | 3.53 | 1.19 |
| Omega Ratio | 1.47 | 1.15 |
| Calmar Ratio | 4.02 | 1.22 |
| Martin Ratio | 16.66 | 3.30 |
| Ulcer Index | 1.43% | 2.96% |
| Daily Std Dev | 9.39% | 12.07% |
| Max Drawdown | -5.93% | -40.22% |
| Current Drawdown | -1.16% | -7.64% |
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CGBL vs. JPEM - Expense Ratio Comparison
CGBL has a 0.33% expense ratio, which is lower than JPEM's 0.44% expense ratio.
Correlation
The correlation between CGBL and JPEM is 0.58, 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.
Risk-Adjusted Performance
CGBL vs. JPEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Balanced ETF (CGBL) and J.P. Morgan Diversified Return Emerging Markets Equity ETF (JPEM). 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
CGBL vs. JPEM - Dividend Comparison
CGBL's dividend yield for the trailing twelve months is around 1.67%, less than JPEM's 4.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGBL Capital Group Core Balanced ETF | 1.67% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF | 4.47% | 4.46% | 4.71% | 4.40% | 2.85% | 3.47% | 2.79% | 2.14% | 1.28% | 3.22% |
Drawdowns
CGBL vs. JPEM - Drawdown Comparison
The maximum CGBL drawdown since its inception was -5.93%, smaller than the maximum JPEM drawdown of -40.22%. Use the drawdown chart below to compare losses from any high point for CGBL and JPEM. For additional features, visit the drawdowns tool.
Volatility
CGBL vs. JPEM - Volatility Comparison
The current volatility for Capital Group Core Balanced ETF (CGBL) is 2.81%, while J.P. Morgan Diversified Return Emerging Markets Equity ETF (JPEM) has a volatility of 3.29%. This indicates that CGBL experiences smaller price fluctuations and is considered to be less risky than JPEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.