EDIV vs. JPIB
EDIV (SPDR S&P Emerging Markets Dividend ETF) and JPIB (JPMorgan International Bond Opportunities ETF) are both exchange-traded funds - EDIV is a Emerging Markets Equities fund tracking the S&P Emerging Markets Dividend Opportunities Index, while JPIB is a Global Bonds fund actively managed by JPMorgan. EDIV is passively managed, while JPIB is actively managed. Over the past 5 years, EDIV returned 10.84%/yr vs 2.76%/yr for JPIB. At a 0.30 correlation, their price movements are largely independent. EDIV charges 0.49%/yr vs 0.50%/yr for JPIB.
Performance
EDIV vs. JPIB - Performance Comparison
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Returns By Period
In the year-to-date period, EDIV achieves a 7.76% return, which is significantly higher than JPIB's 1.10% return.
EDIV
- 1D
- 0.70%
- 1M
- 0.84%
- YTD
- 7.76%
- 6M
- 9.12%
- 1Y
- 15.09%
- 3Y*
- 18.11%
- 5Y*
- 10.84%
- 10Y*
- 9.49%
JPIB
- 1D
- 0.17%
- 1M
- 1.08%
- YTD
- 1.10%
- 6M
- 1.62%
- 1Y
- 5.24%
- 3Y*
- 5.93%
- 5Y*
- 2.76%
- 10Y*
- —
EDIV vs. JPIB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDIV SPDR S&P Emerging Markets Dividend ETF | 7.76% | 16.45% | 12.75% | 41.91% | -15.31% | 11.21% | -9.95% | 11.80% | -6.16% | 11.53% |
JPIB JPMorgan International Bond Opportunities ETF | 1.10% | 8.19% | 3.48% | 8.68% | -6.38% | 0.14% | 7.14% | 10.76% | -2.17% | 2.61% |
Correlation
The correlation between EDIV and JPIB is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2017 | 0.30 |
Over the past year, EDIV and JPIB have become more correlated (0.61) than their long-term average of 0.30, meaning their price movements have been converging.
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Return for Risk
EDIV vs. JPIB — Risk / Return Rank
EDIV
JPIB
EDIV vs. JPIB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Dividend ETF (EDIV) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EDIV | JPIB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.27 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.29 | +0.04 |
| Martin ratioReturn relative to average drawdown | 4.01 | 4.42 | -0.41 |
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Drawdowns
EDIV vs. JPIB - Drawdown Comparison
The maximum EDIV drawdown since its inception was -53.36%, which is greater than JPIB's maximum drawdown of -13.13%. Use the drawdown chart below to compare losses from any high point for EDIV and JPIB.
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Drawdown Indicators
| EDIV | JPIB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.36% | -13.13% | -40.23% |
Max Drawdown (1Y)Largest decline over 1 year | -10.36% | -3.75% | -6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -13.84% | -3.75% | -10.09% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -11.83% | -16.49% |
Max Drawdown (10Y)Largest decline over 10 years | -40.76% | — | — |
Current DrawdownCurrent decline from peak | -2.86% | -0.77% | -2.09% |
Average DrawdownAverage peak-to-trough decline | -19.33% | -1.93% | -17.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 1.09% | +2.34% |
Volatility
EDIV vs. JPIB - Volatility Comparison
SPDR S&P Emerging Markets Dividend ETF (EDIV) has a higher volatility of 4.64% compared to JPMorgan International Bond Opportunities ETF (JPIB) at 1.19%. This indicates that EDIV's price experiences larger fluctuations and is considered to be riskier than JPIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDIV | JPIB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 1.19% | +3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.57% | 3.07% | +7.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.64% | 3.58% | +9.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.90% | 4.12% | +9.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 4.44% | +13.05% |
EDIV vs. JPIB - Expense Ratio Comparison
EDIV has a 0.49% expense ratio, which is lower than JPIB's 0.50% expense ratio.
Dividends
EDIV vs. JPIB - Dividend Comparison
EDIV's dividend yield for the trailing twelve months is around 4.45%, less than JPIB's 5.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDIV SPDR S&P Emerging Markets Dividend ETF | 4.45% | 4.69% | 3.94% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.94% | 5.33% |
JPIB JPMorgan International Bond Opportunities ETF | 5.00% | 4.85% | 4.57% | 4.35% | 3.10% | 2.59% | 3.14% | 4.66% | 5.83% | 1.81% | 0.00% | 0.00% |
Frequently Asked Questions
EDIV and JPIB have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDIV has higher volatility (4.64%) compared to JPIB (1.19%). In terms of maximum drawdown, EDIV dropped -53.36% vs JPIB's -13.13%.
On 5-year performance, EDIV leads with 10.84% vs 2.76% for JPIB. On fees, EDIV is cheaper at 0.49% per year. On volatility, JPIB has been the lower-risk option at 1.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EDIV has performed better with a 10.84% return vs 2.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EDIV is cheaper with a 0.49% expense ratio, compared with 0.50% for JPIB.
JPIB has the higher dividend yield at 5.00%, compared with 4.45% for EDIV.
EDIV is categorized as Emerging Markets Equities, while JPIB is Global Bonds. They also come from different issuers: State Street and JPMorgan. Their fees differ too: 0.49% for EDIV and 0.50% for JPIB.
JPIB currently has the higher Sharpe Ratio (1.36 vs 1.09), 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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