DFGX vs. JPIB

Last updated Apr 1, 2026

Compare and contrast key facts about Dimensional Global Ex US Core Fixed Income ETF (DFGX) and JPMorgan International Bond Opportunities ETF (JPIB).

DFGX and JPIB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFGX is an actively managed fund by Dimensional. It was launched on Nov 7, 2023. JPIB is an actively managed fund by JPMorgan. It was launched on Apr 5, 2017.

Performance

DFGX vs. JPIB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional Global Ex US Core Fixed Income ETF (DFGX) and JPMorgan International Bond Opportunities ETF (JPIB). The values are adjusted to include any dividend payments, if applicable.

DFGX vs. JPIB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DFGX Dimensional Global Ex US Core Fixed Income ETF	-0.35%	3.46%	3.75%	4.95%
JPIB JPMorgan International Bond Opportunities ETF	-1.04%	8.19%	3.48%	5.22%

Returns By Period

In the year-to-date period, DFGX achieves a -0.35% return, which is significantly higher than JPIB's -1.04% return.

DFGX

• 1D: 0.61%
• 1M: -2.47%
• YTD: -0.35%
• 6M: -0.10%
• 1Y: 3.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPIB

• 1D: 0.78%
• 1M: -2.80%
• YTD: -1.04%
• 6M: -0.01%
• 1Y: 4.84%
• 3Y*: 5.16%
• 5Y*: 2.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFGX vs. JPIB - Expense Ratio Comparison

DFGX has a 0.20% expense ratio, which is lower than JPIB's 0.50% expense ratio.

JPIB

JPMorgan International Bond Opportunities ETF

DFGX

Dimensional Global Ex US Core Fixed Income ETF

Return for Risk

DFGX vs. JPIB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFGX

DFGX Risk / Return Rank: 36
DFGX Sharpe Ratio Rank: 39
DFGX Sortino Ratio Rank: 35
DFGX Omega Ratio Rank: 33
DFGX Calmar Ratio Rank: 37
DFGX Martin Ratio Rank: 39

JPIB

JPIB Risk / Return Rank: 68
JPIB Sharpe Ratio Rank: 76
JPIB Sortino Ratio Rank: 74
JPIB Omega Ratio Rank: 74
JPIB Calmar Ratio Rank: 53
JPIB Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFGX vs. JPIB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Ex US Core Fixed Income ETF (DFGX) and JPMorgan International Bond Opportunities ETF (JPIB). 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.

	DFGX	JPIB	Difference
Sharpe ratio Return per unit of total volatility	0.71	1.35	-0.64
Sortino ratio Return per unit of downside risk	1.00	1.82	-0.82
Omega ratio Gain probability vs. loss probability	1.13	1.27	-0.14
Calmar ratio Return relative to maximum drawdown	0.92	1.28	-0.35
Martin ratio Return relative to average drawdown	3.61	5.87	-2.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFGX vs. JPIB - Sharpe Ratio Comparison

The current DFGX Sharpe Ratio is 0.71, which is lower than the JPIB Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of DFGX and JPIB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DFGX	JPIB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	1.35	-0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.79	+0.30

Correlation

The correlation between DFGX and JPIB is 0.67, 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.

Dividends

DFGX vs. JPIB - Dividend Comparison

DFGX's dividend yield for the trailing twelve months is around 2.78%, less than JPIB's 4.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFGX Dimensional Global Ex US Core Fixed Income ETF	2.78%	2.84%	4.61%	0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JPIB JPMorgan International Bond Opportunities ETF	4.96%	4.85%	4.57%	4.35%	3.10%	2.59%	3.14%	4.66%	5.83%	1.81%

Drawdowns

DFGX vs. JPIB - Drawdown Comparison

The maximum DFGX drawdown since its inception was -3.32%, smaller than the maximum JPIB drawdown of -13.13%. Use the drawdown chart below to compare losses from any high point for DFGX and JPIB.

Drawdown Indicators

	DFGX	JPIB	Difference
Max Drawdown Largest peak-to-trough decline	-3.32%	-13.13%	+9.81%
Max Drawdown (1Y) Largest decline over 1 year	-3.32%	-3.75%	+0.43%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.83%	—
Current Drawdown Current decline from peak	-2.47%	-2.86%	+0.39%
Average Drawdown Average peak-to-trough decline	-0.70%	-1.94%	+1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.85%	0.82%	+0.03%

Volatility

DFGX vs. JPIB - Volatility Comparison

The current volatility for Dimensional Global Ex US Core Fixed Income ETF (DFGX) is 1.99%, while JPMorgan International Bond Opportunities ETF (JPIB) has a volatility of 2.21%. This indicates that DFGX experiences smaller price fluctuations and is considered to be less risky than JPIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFGX	JPIB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.99%	2.21%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	2.69%	2.60%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	4.45%	3.60%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.59%	4.08%	+0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.59%	4.45%	+0.14%