CGCP vs. JCPB
Compare and contrast key facts about Capital Group Core Plus Income ETF (CGCP) and JPMorgan Core Plus Bond ETF (JCPB).
CGCP and JCPB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGCP is an actively managed fund by Capital Group. It was launched on Feb 22, 2022. JCPB is an actively managed fund by JPMorgan Chase. It was launched on Jan 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGCP or JCPB.
Performance
CGCP vs. JCPB - Performance Comparison
Returns By Period
In the year-to-date period, CGCP achieves a 2.93% return, which is significantly lower than JCPB's 3.19% return.
CGCP
2.93%
-0.56%
3.38%
7.92%
N/A
N/A
JCPB
3.19%
-0.31%
3.77%
8.12%
0.94%
N/A
Key characteristics
| CGCP | JCPB | |
|---|---|---|
| Sharpe Ratio | 1.37 | 1.48 |
| Sortino Ratio | 2.03 | 2.17 |
| Omega Ratio | 1.25 | 1.26 |
| Calmar Ratio | 0.85 | 0.68 |
| Martin Ratio | 4.62 | 5.20 |
| Ulcer Index | 1.67% | 1.56% |
| Daily Std Dev | 5.65% | 5.50% |
| Max Drawdown | -15.07% | -16.67% |
| Current Drawdown | -3.12% | -4.39% |
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CGCP vs. JCPB - Expense Ratio Comparison
CGCP has a 0.34% expense ratio, which is lower than JCPB's 0.40% expense ratio.
Correlation
The correlation between CGCP and JCPB is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
CGCP vs. JCPB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Plus Income ETF (CGCP) and JPMorgan Core Plus Bond ETF (JCPB). 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
CGCP vs. JCPB - Dividend Comparison
CGCP's dividend yield for the trailing twelve months is around 5.21%, more than JCPB's 5.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
CGCP Capital Group Core Plus Income ETF | 5.21% | 4.98% | 2.96% | 0.00% | 0.00% | 0.00% |
JCPB JPMorgan Core Plus Bond ETF | 5.05% | 4.32% | 3.00% | 2.19% | 2.97% | 3.23% |
Drawdowns
CGCP vs. JCPB - Drawdown Comparison
The maximum CGCP drawdown since its inception was -15.07%, smaller than the maximum JCPB drawdown of -16.67%. Use the drawdown chart below to compare losses from any high point for CGCP and JCPB. For additional features, visit the drawdowns tool.
Volatility
CGCP vs. JCPB - Volatility Comparison
The current volatility for Capital Group Core Plus Income ETF (CGCP) is 1.26%, while JPMorgan Core Plus Bond ETF (JCPB) has a volatility of 1.36%. This indicates that CGCP experiences smaller price fluctuations and is considered to be less risky than JCPB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.