FSRRX vs. JPST
Compare and contrast key facts about Fidelity Strategic Real Return Fund (FSRRX) and JPMorgan Ultra-Short Income ETF (JPST).
FSRRX is managed by Fidelity. It was launched on Sep 7, 2005. 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: FSRRX or JPST.
Key characteristics
| FSRRX | JPST | |
|---|---|---|
| YTD Return | 6.92% | 4.91% |
| 1Y Return | 11.50% | 6.17% |
| 3Y Return (Ann) | 2.77% | 3.71% |
| 5Y Return (Ann) | 5.74% | 2.75% |
| Sharpe Ratio | 2.16 | 11.73 |
| Sortino Ratio | 3.27 | 29.69 |
| Omega Ratio | 1.41 | 6.69 |
| Calmar Ratio | 1.32 | 62.59 |
| Martin Ratio | 12.38 | 366.04 |
| Ulcer Index | 0.94% | 0.02% |
| Daily Std Dev | 5.41% | 0.53% |
| Max Drawdown | -33.43% | -3.28% |
| Current Drawdown | -0.89% | 0.00% |
Correlation
The correlation between FSRRX and JPST is 0.12, 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
FSRRX vs. JPST - Performance Comparison
In the year-to-date period, FSRRX achieves a 6.92% 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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FSRRX vs. JPST - Expense Ratio Comparison
FSRRX has a 0.70% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
FSRRX vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Real Return Fund (FSRRX) 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
FSRRX vs. JPST - Dividend Comparison
FSRRX's dividend yield for the trailing twelve months is around 4.62%, less than JPST's 5.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRRX Fidelity Strategic Real Return Fund | 4.62% | 5.29% | 7.31% | 5.35% | 2.25% | 3.05% | 3.96% | 2.49% | 2.14% | 1.63% | 2.18% | 2.24% |
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
FSRRX vs. JPST - Drawdown Comparison
The maximum FSRRX drawdown since its inception was -33.43%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for FSRRX and JPST. For additional features, visit the drawdowns tool.
Volatility
FSRRX vs. JPST - Volatility Comparison
Fidelity Strategic Real Return Fund (FSRRX) has a higher volatility of 1.40% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.15%. This indicates that FSRRX'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.