FZOMX vs. JPST
Compare and contrast key facts about Fidelity SAI Short-Term Bond Fund (FZOMX) and JPMorgan Ultra-Short Income ETF (JPST).
FZOMX is managed by Fidelity Investments. It was launched on Oct 13, 2020. 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: FZOMX or JPST.
Correlation
The correlation between FZOMX and JPST is 0.46, 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
FZOMX vs. JPST - Performance Comparison
Key characteristics
FZOMX:
2.16
JPST:
10.71
FZOMX:
3.80
JPST:
23.86
FZOMX:
1.53
JPST:
5.39
FZOMX:
5.01
JPST:
55.61
FZOMX:
11.70
JPST:
288.41
FZOMX:
0.39%
JPST:
0.02%
FZOMX:
2.14%
JPST:
0.51%
FZOMX:
-5.93%
JPST:
-3.28%
FZOMX:
-0.26%
JPST:
0.00%
Returns By Period
In the year-to-date period, FZOMX achieves a -0.21% return, which is significantly lower than JPST's 0.12% return.
FZOMX
-0.21%
0.05%
2.16%
4.28%
N/A
N/A
JPST
0.12%
0.27%
2.53%
5.42%
2.82%
N/A
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FZOMX vs. JPST - Expense Ratio Comparison
FZOMX has a 0.30% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
FZOMX vs. JPST — Risk-Adjusted Performance Rank
FZOMX
JPST
FZOMX vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Short-Term Bond Fund (FZOMX) 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
FZOMX vs. JPST - Dividend Comparison
FZOMX's dividend yield for the trailing twelve months is around 4.29%, less than JPST's 5.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FZOMX Fidelity SAI Short-Term Bond Fund | 4.29% | 4.28% | 3.27% | 1.00% | 0.43% | 0.16% | 0.00% | 0.00% | 0.00% |
JPST JPMorgan Ultra-Short Income ETF | 5.16% | 5.16% | 4.80% | 1.83% | 0.73% | 1.43% | 2.68% | 2.07% | 0.96% |
Drawdowns
FZOMX vs. JPST - Drawdown Comparison
The maximum FZOMX drawdown since its inception was -5.93%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for FZOMX and JPST. For additional features, visit the drawdowns tool.
Volatility
FZOMX vs. JPST - Volatility Comparison
Fidelity SAI Short-Term Bond Fund (FZOMX) has a higher volatility of 0.51% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.15%. This indicates that FZOMX'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.