DIVB vs. JCPI
DIVB (iShares U.S. Dividend and Buyback ETF) and JCPI (JPMorgan Inflation Managed Bond ETF) are both exchange-traded funds - DIVB is a Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index, while JCPI is a Inflation-Protected Bonds fund actively managed by JPMorgan. DIVB is passively managed, while JCPI is actively managed. Over the past 3 years, DIVB returned 21.21%/yr vs 5.20%/yr for JCPI. At a 0.23 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
DIVB vs. JCPI - Performance Comparison
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Returns By Period
In the year-to-date period, DIVB achieves a 16.10% return, which is significantly higher than JCPI's 1.12% return.
DIVB
- 1D
- 0.09%
- 1M
- 5.36%
- YTD
- 16.10%
- 6M
- 16.58%
- 1Y
- 27.52%
- 3Y*
- 21.21%
- 5Y*
- 11.98%
- 10Y*
- —
JCPI
- 1D
- -0.10%
- 1M
- -0.88%
- YTD
- 1.12%
- 6M
- 1.07%
- 1Y
- 5.14%
- 3Y*
- 5.20%
- 5Y*
- —
- 10Y*
- —
DIVB vs. JCPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DIVB iShares U.S. Dividend and Buyback ETF | 16.10% | 15.09% | 18.59% | 13.27% | -7.60% |
JCPI JPMorgan Inflation Managed Bond ETF | 1.12% | 7.10% | 4.70% | 5.04% | -5.53% |
Correlation
The correlation between DIVB and JCPI is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2022 | 0.23 |
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Return for Risk
DIVB vs. JCPI — Risk / Return Rank
DIVB
JCPI
DIVB vs. JCPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Dividend and Buyback ETF (DIVB) and JPMorgan Inflation Managed Bond ETF (JCPI). 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.
| DIVB | JCPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.33 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 3.22 | +0.83 |
| Martin ratioReturn relative to average drawdown | 13.75 | 11.00 | +2.75 |
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
| DIVB | JCPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 1.77 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.64 | +0.11 |
Drawdowns
DIVB vs. JCPI - Drawdown Comparison
The maximum DIVB drawdown since its inception was -36.93%, which is greater than JCPI's maximum drawdown of -7.85%. Use the drawdown chart below to compare losses from any high point for DIVB and JCPI.
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Drawdown Indicators
| DIVB | JCPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.93% | -7.85% | -29.08% |
Max Drawdown (1Y)Largest decline over 1 year | -6.82% | -1.60% | -5.22% |
Max Drawdown (3Y)Largest decline over 3 years | -15.45% | -2.81% | -12.64% |
Max Drawdown (5Y)Largest decline over 5 years | -21.08% | — | — |
Current DrawdownCurrent decline from peak | -1.98% | -0.96% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -1.86% | -3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 0.47% | +1.54% |
Volatility
DIVB vs. JCPI - Volatility Comparison
iShares U.S. Dividend and Buyback ETF (DIVB) has a higher volatility of 4.05% compared to JPMorgan Inflation Managed Bond ETF (JCPI) at 0.95%. This indicates that DIVB's price experiences larger fluctuations and is considered to be riskier than JCPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIVB | JCPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 0.95% | +3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.68% | 2.08% | +6.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.53% | 2.92% | +8.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.26% | 4.50% | +10.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.38% | 4.50% | +13.88% |
DIVB vs. JCPI - Expense Ratio Comparison
Both DIVB and JCPI have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
DIVB vs. JCPI - Dividend Comparison
DIVB's dividend yield for the trailing twelve months is around 2.21%, less than JCPI's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares U.S. Dividend and Buyback ETF | 2.21% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% |
JCPI JPMorgan Inflation Managed Bond ETF | 3.96% | 3.93% | 3.98% | 3.45% | 3.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DIVB and JCPI have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIVB has higher volatility (4.05%) compared to JCPI (0.95%). In terms of maximum drawdown, DIVB dropped -36.93% vs JCPI's -7.85%.
On 3-year performance, DIVB leads with 21.21% vs 5.20% for JCPI. Both ETFs have the same 0.25% expense ratio. On volatility, JCPI has been the lower-risk option at 0.95%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DIVB has performed better with a 21.21% return vs 5.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVB and JCPI have the same expense ratio: 0.25% per year.
JCPI has the higher dividend yield at 3.96%, compared with 2.21% for DIVB.
DIVB is categorized as Large Cap Blend Equities, while JCPI is Inflation-Protected Bonds. They also come from different issuers: iShares and JPMorgan.
DIVB currently has the higher Sharpe Ratio (2.40 vs 1.77), 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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