FLLV vs. JPST
Compare and contrast key facts about Franklin Liberty U.S. Low Volatility ETF (FLLV) and JPMorgan Ultra-Short Income ETF (JPST).
FLLV and JPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLLV is an actively managed fund by Franklin Templeton. It was launched on Sep 20, 2016. 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: FLLV or JPST.
Key characteristics
| FLLV | JPST | |
|---|---|---|
| YTD Return | 13.34% | 4.94% |
| 1Y Return | 19.90% | 6.00% |
| 3Y Return (Ann) | 6.94% | 3.72% |
| 5Y Return (Ann) | 11.01% | 2.75% |
| Sharpe Ratio | 2.44 | 11.44 |
| Sortino Ratio | 3.35 | 28.36 |
| Omega Ratio | 1.44 | 6.34 |
| Calmar Ratio | 4.14 | 60.88 |
| Martin Ratio | 13.00 | 352.21 |
| Ulcer Index | 1.71% | 0.02% |
| Daily Std Dev | 9.11% | 0.53% |
| Max Drawdown | -33.95% | -3.28% |
| Current Drawdown | -1.46% | 0.00% |
Correlation
The correlation between FLLV and JPST is 0.06, 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
FLLV vs. JPST - Performance Comparison
In the year-to-date period, FLLV achieves a 13.34% return, which is significantly higher than JPST's 4.94% 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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FLLV vs. JPST - Expense Ratio Comparison
FLLV has a 0.29% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
FLLV vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty U.S. Low Volatility ETF (FLLV) 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
FLLV vs. JPST - Dividend Comparison
FLLV's dividend yield for the trailing twelve months is around 2.95%, less than JPST's 5.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FLLV Franklin Liberty U.S. Low Volatility ETF | 2.95% | 1.75% | 0.00% | 1.41% | 0.00% | 1.31% | 0.00% | 1.44% | 0.50% |
JPST JPMorgan Ultra-Short Income ETF | 5.26% | 4.80% | 1.83% | 0.73% | 1.43% | 2.68% | 2.07% | 0.96% | 0.00% |
Drawdowns
FLLV vs. JPST - Drawdown Comparison
The maximum FLLV drawdown since its inception was -33.95%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for FLLV and JPST. For additional features, visit the drawdowns tool.
Volatility
FLLV vs. JPST - Volatility Comparison
Franklin Liberty U.S. Low Volatility ETF (FLLV) has a higher volatility of 2.33% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.16%. This indicates that FLLV'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.