FPNIX vs. JPLD
Compare and contrast key facts about FPA New Income Fund (FPNIX) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD).
FPNIX is managed by FPA. It was launched on Jul 11, 1984. JPLD is an actively managed fund by JPMorgan. It was launched on Feb 2, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPNIX or JPLD.
Correlation
The correlation between FPNIX and JPLD is 0.14, 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
FPNIX vs. JPLD - Performance Comparison
Key characteristics
FPNIX:
2.40
JPLD:
3.52
FPNIX:
3.89
JPLD:
5.58
FPNIX:
1.49
JPLD:
1.80
FPNIX:
3.73
JPLD:
5.91
FPNIX:
8.94
JPLD:
26.15
FPNIX:
0.80%
JPLD:
0.27%
FPNIX:
2.99%
JPLD:
1.97%
FPNIX:
-5.32%
JPLD:
-1.17%
FPNIX:
-0.60%
JPLD:
-0.21%
Returns By Period
In the year-to-date period, FPNIX achieves a 2.61% return, which is significantly higher than JPLD's 1.74% return.
FPNIX
2.61%
0.40%
2.74%
7.35%
3.09%
2.57%
JPLD
1.74%
0.28%
2.47%
6.94%
N/A
N/A
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FPNIX vs. JPLD - Expense Ratio Comparison
FPNIX has a 0.45% expense ratio, which is higher than JPLD's 0.24% expense ratio.
Risk-Adjusted Performance
FPNIX vs. JPLD — Risk-Adjusted Performance Rank
FPNIX
JPLD
FPNIX vs. JPLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA New Income Fund (FPNIX) and J P Morgan Exchange-Traded Fund Trust - 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.
Dividends
FPNIX vs. JPLD - Dividend Comparison
FPNIX's dividend yield for the trailing twelve months is around 3.99%, less than JPLD's 4.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPNIX FPA New Income Fund | 3.99% | 4.39% | 4.39% | 2.12% | 1.21% | 2.18% | 2.64% | 3.10% | 2.84% | 2.31% | 1.87% | 2.82% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.40% | 4.47% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FPNIX vs. JPLD - Drawdown Comparison
The maximum FPNIX drawdown since its inception was -5.32%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for FPNIX and JPLD. For additional features, visit the drawdowns tool.
Volatility
FPNIX vs. JPLD - Volatility Comparison
FPA New Income Fund (FPNIX) has a higher volatility of 1.25% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 1.01%. This indicates that FPNIX's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.