EVSD vs. JPLD

Last updated Jun 23, 2026

EVSD (Eaton Vance Short Duration Income ETF) and JPLD (JPMorgan Limited Duration Bond ETF) are both Short-Term Bond funds. Both are actively managed. Over the past year, EVSD returned 4.46% vs 4.27% for JPLD. A 0.67 correlation means they provide meaningful diversification when combined. Both charge a 0.24% expense ratio.

Performance

EVSD vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Short Duration Income ETF (EVSD) and JPMorgan Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVSD achieves a 0.80% return, which is significantly lower than JPLD's 1.02% return.

EVSD

• 1D: -0.05%
• 1M: 0.27%
• YTD: 0.80%
• 6M: 0.98%
• 1Y: 4.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPLD

• 1D: -0.02%
• 1M: 0.26%
• YTD: 1.02%
• 6M: 1.23%
• 1Y: 4.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVSD vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EVSD Eaton Vance Short Duration Income ETF	0.80%	6.80%	3.86%
JPLD JPMorgan Limited Duration Bond ETF	1.02%	6.01%	3.23%

Correlation

The correlation between EVSD and JPLD is 0.74, 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	0.74
Correlation (All Time) Calculated using the full available price history since Jun 17, 2024	0.67

The correlation between EVSD and JPLD has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

Return for Risk

EVSD vs. JPLD — Risk / Return Rank

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

EVSD

EVSD Risk / Return Rank: 85
EVSD Sharpe Ratio Rank: 89
EVSD Sortino Ratio Rank: 94
EVSD Omega Ratio Rank: 92
EVSD Calmar Ratio Rank: 72
EVSD Martin Ratio Rank: 79

JPLD

JPLD Risk / Return Rank: 90
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 93
JPLD Omega Ratio Rank: 92
JPLD Calmar Ratio Rank: 83
JPLD Martin Ratio Rank: 90

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.

EVSD vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Short Duration Income ETF (EVSD) and JPMorgan 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.

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.

	EVSD	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	2.87	2.91	-0.04
Sortino ratio: Return per unit of downside risk	4.49	4.46	+0.03
Omega ratio: Gain probability vs. loss probability	1.60	1.60	0.00
Calmar ratio: Return relative to maximum drawdown	3.55	4.27	-0.71
Martin ratio: Return relative to average drawdown	14.80	19.49	-4.70

EVSD vs. JPLD - Sharpe Ratio Comparison

The current EVSD Sharpe Ratio is 2.87, which is comparable to the JPLD Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of EVSD and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EVSD vs. JPLD - Drawdown Comparison

The maximum EVSD drawdown since its inception was -1.26%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for EVSD and JPLD.

Drawdown Indicators

	EVSD	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-1.26%	-1.17%	-0.09%
Max Drawdown (1Y) Largest decline over 1 year	-1.26%	-1.00%	-0.26%
Current Drawdown Current decline from peak	-0.23%	-0.34%	+0.11%
Average Drawdown Average peak-to-trough decline	-0.19%	-0.15%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	0.22%	+0.08%

Volatility

EVSD vs. JPLD - Volatility Comparison

Eaton Vance Short Duration Income ETF (EVSD) and JPMorgan Limited Duration Bond ETF (JPLD) have volatilities of 0.54% and 0.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVSD	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.54%	0.53%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	1.22%	1.05%	+0.17%
Volatility (1Y) Calculated over the trailing 1-year period	1.57%	1.48%	+0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.95%	1.84%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.95%	1.84%	+0.11%

EVSD vs. JPLD - Expense Ratio Comparison

Both EVSD and JPLD have an expense ratio of 0.24%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EVSD vs. JPLD - Dividend Comparison

EVSD's dividend yield for the trailing twelve months is around 4.62%, more than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023
EVSD Eaton Vance Short Duration Income ETF	4.62%	4.64%	2.91%	0.00%
JPLD JPMorgan Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%

Frequently Asked Questions

Can I hold both EVSD and JPLD in my portfolio?

EVSD and JPLD have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVSD or JPLD?

EVSD has higher volatility (0.54%) compared to JPLD (0.53%). In terms of maximum drawdown, EVSD dropped -1.26% vs JPLD's -1.17%.

Which ETF is better, EVSD or JPLD?

On 1-year performance, EVSD leads with 4.46% vs 4.27% for JPLD. Both ETFs have the same 0.24% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EVSD or JPLD?

Over the 1-year period, EVSD has performed better with a 4.46% return vs 4.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EVSD or JPLD?

EVSD and JPLD have the same expense ratio: 0.24% per year.

Which ETF pays a higher dividend yield, EVSD or JPLD?

EVSD has the higher dividend yield at 4.62%, compared with 4.21% for JPLD.

What is the main difference between EVSD and JPLD?

They also come from different issuers: Eaton Vance and JPMorgan.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (2.91 vs 2.87), 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.