EELV vs. JPST
Compare and contrast key facts about Invesco S&P Emerging Markets Low Volatility ETF (EELV) and JPMorgan Ultra-Short Income ETF (JPST).
EELV and JPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EELV is a passively managed fund by Invesco that tracks the performance of the S&P BMI Emerging Markets Low Volatility Index. It was launched on Jan 13, 2012. JPST is an actively managed fund by JPMorgan Chase. It was launched on May 17, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EELV or JPST.
Key characteristics
| EELV | JPST | |
|---|---|---|
| YTD Return | 6.04% | 4.91% |
| 1Y Return | 13.12% | 6.17% |
| 3Y Return (Ann) | 3.32% | 3.71% |
| 5Y Return (Ann) | 5.12% | 2.75% |
| Sharpe Ratio | 1.25 | 11.73 |
| Sortino Ratio | 1.83 | 29.69 |
| Omega Ratio | 1.23 | 6.69 |
| Calmar Ratio | 1.61 | 62.59 |
| Martin Ratio | 6.20 | 366.04 |
| Ulcer Index | 2.18% | 0.02% |
| Daily Std Dev | 10.86% | 0.53% |
| Max Drawdown | -36.35% | -3.28% |
| Current Drawdown | -6.00% | 0.00% |
Correlation
The correlation between EELV and JPST is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EELV vs. JPST - Performance Comparison
In the year-to-date period, EELV achieves a 6.04% return, which is significantly higher than JPST's 4.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EELV vs. JPST - Expense Ratio Comparison
EELV has a 0.30% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
EELV vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Emerging Markets Low Volatility ETF (EELV) and JPMorgan Ultra-Short Income ETF (JPST). 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
EELV vs. JPST - Dividend Comparison
EELV's dividend yield for the trailing twelve months is around 4.26%, less than JPST's 5.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EELV Invesco S&P Emerging Markets Low Volatility ETF | 4.26% | 4.00% | 3.46% | 4.34% | 2.82% | 3.14% | 5.50% | 2.91% | 2.30% | 2.53% | 3.25% | 2.10% |
JPST JPMorgan Ultra-Short Income ETF | 5.26% | 4.80% | 1.83% | 0.73% | 1.43% | 2.68% | 2.07% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EELV vs. JPST - Drawdown Comparison
The maximum EELV drawdown since its inception was -36.35%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for EELV and JPST. For additional features, visit the drawdowns tool.
Volatility
EELV vs. JPST - Volatility Comparison
Invesco S&P Emerging Markets Low Volatility ETF (EELV) has a higher volatility of 3.05% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.15%. This indicates that EELV's price experiences larger fluctuations and is considered to be riskier than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.