EVTR vs. JPST
Compare and contrast key facts about Eaton Vance Total Return Bond ETF (EVTR) and JPMorgan Ultra-Short Income ETF (JPST).
EVTR and JPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVTR is an actively managed fund by Eaton Vance. It was launched on Nov 14, 1984. 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: EVTR or JPST.
Key characteristics
| EVTR | JPST | |
|---|---|---|
| Daily Std Dev | 4.96% | 0.53% |
| Max Drawdown | -3.21% | -3.28% |
| Current Drawdown | -3.09% | -0.04% |
Correlation
The correlation between EVTR and JPST is 0.66, 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.
Performance
EVTR vs. JPST - Performance Comparison
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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EVTR vs. JPST - Expense Ratio Comparison
EVTR has a 0.32% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
EVTR vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Total Return Bond ETF (EVTR) 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.
Not enough dataDividends
EVTR vs. JPST - Dividend Comparison
EVTR's dividend yield for the trailing twelve months is around 3.39%, less than JPST's 5.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
EVTR Eaton Vance Total Return Bond ETF | 3.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPST JPMorgan Ultra-Short Income ETF | 5.27% | 4.80% | 1.83% | 0.73% | 1.43% | 2.68% | 2.07% | 0.96% |
Drawdowns
EVTR vs. JPST - Drawdown Comparison
The maximum EVTR drawdown since its inception was -3.21%, roughly equal to the maximum JPST drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for EVTR and JPST. For additional features, visit the drawdowns tool.
Volatility
EVTR vs. JPST - Volatility Comparison
Eaton Vance Total Return Bond ETF (EVTR) has a higher volatility of 1.50% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.15%. This indicates that EVTR'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.