DFGP vs. JPLD
DFGP (Dimensional Global Core Plus Fixed Income ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - DFGP is a Global Bonds fund actively managed by Dimensional, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. Both are actively managed. Over the past year, DFGP returned 5.12% vs 4.71% for JPLD. A 0.64 correlation means they provide meaningful diversification when combined. DFGP charges 0.22%/yr vs 0.24%/yr for JPLD.
Performance
DFGP vs. JPLD - Performance Comparison
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Returns By Period
In the year-to-date period, DFGP achieves a 1.11% return, which is significantly higher than JPLD's 1.04% return.
DFGP
- 1D
- -0.23%
- 1M
- 0.77%
- YTD
- 1.11%
- 6M
- 0.81%
- 1Y
- 5.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPLD
- 1D
- -0.06%
- 1M
- 0.19%
- YTD
- 1.04%
- 6M
- 1.37%
- 1Y
- 4.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFGP vs. JPLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DFGP Dimensional Global Core Plus Fixed Income ETF | 1.11% | 5.89% | 3.71% | 6.24% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 1.04% | 6.01% | 6.49% | 1.99% |
Correlation
The correlation between DFGP and JPLD is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023 | 0.64 |
The correlation between DFGP and JPLD has been stable across timeframes, ranging from 0.62 to 0.64 - a consistent structural relationship.
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Return for Risk
DFGP vs. JPLD — Risk / Return Rank
DFGP
JPLD
DFGP vs. JPLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Core Plus Fixed Income ETF (DFGP) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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.
| DFGP | JPLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.92 | ||
| Sortino ratioReturn per unit of downside risk | -3.41 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.68 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 4.71 | -3.12 |
| Martin ratioReturn relative to average drawdown | 5.41 | 21.78 | -16.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DFGP | JPLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 3.22 | -1.92 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.44 | 3.25 | -1.81 |
Drawdowns
DFGP vs. JPLD - Drawdown Comparison
The maximum DFGP drawdown since its inception was -3.24%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for DFGP and JPLD.
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Drawdown Indicators
| DFGP | JPLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.24% | -1.17% | -2.07% |
Max Drawdown (1Y)Largest decline over 1 year | -3.24% | -1.00% | -2.24% |
Current DrawdownCurrent decline from peak | -0.94% | -0.12% | -0.82% |
Average DrawdownAverage peak-to-trough decline | -0.78% | -0.15% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.22% | +0.73% |
Volatility
DFGP vs. JPLD - Volatility Comparison
Dimensional Global Core Plus Fixed Income ETF (DFGP) has a higher volatility of 1.65% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.37%. This indicates that DFGP's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFGP | JPLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.65% | 0.37% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 3.25% | 0.97% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.96% | 1.47% | +2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.66% | 1.83% | +2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.66% | 1.83% | +2.83% |
DFGP vs. JPLD - Expense Ratio Comparison
DFGP has a 0.22% expense ratio, which is lower than JPLD's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DFGP vs. JPLD - Dividend Comparison
DFGP's dividend yield for the trailing twelve months is around 3.64%, less than JPLD's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
DFGP Dimensional Global Core Plus Fixed Income ETF | 3.64% | 3.45% | 4.51% | 0.62% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.21% | 4.24% | 4.47% | 1.83% |
Frequently Asked Questions
DFGP and JPLD have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DFGP has higher volatility (1.65%) compared to JPLD (0.37%). In terms of maximum drawdown, DFGP dropped -3.24% vs JPLD's -1.17%.
On 1-year performance, DFGP leads with 5.12% vs 4.71% for JPLD. On fees, DFGP is cheaper at 0.22% per year. On volatility, JPLD has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DFGP has performed better with a 5.12% return vs 4.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DFGP is cheaper with a 0.22% expense ratio, compared with 0.24% for JPLD.
JPLD has the higher dividend yield at 4.21%, compared with 3.64% for DFGP.
DFGP is categorized as Global Bonds, while JPLD is Short-Term Bond. They also come from different issuers: Dimensional and JPMorgan. Their fees differ too: 0.22% for DFGP and 0.24% for JPLD.
JPLD currently has the higher Sharpe Ratio (3.22 vs 1.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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