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GSY vs. JPST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GSY and JPST is 0.40, 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.


-0.50.00.51.00.4

Performance

GSY vs. JPST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Ultra Short Duration ETF (GSY) and JPMorgan Ultra-Short Income ETF (JPST). The values are adjusted to include any dividend payments, if applicable.

0.00%0.50%1.00%1.50%2.00%2.50%3.00%AugustSeptemberOctoberNovemberDecember2025
2.85%
2.59%
GSY
JPST

Key characteristics

Sharpe Ratio

GSY:

11.37

JPST:

10.91

Sortino Ratio

GSY:

27.59

JPST:

24.42

Omega Ratio

GSY:

6.25

JPST:

5.57

Calmar Ratio

GSY:

59.88

JPST:

56.03

Martin Ratio

GSY:

342.01

JPST:

293.12

Ulcer Index

GSY:

0.02%

JPST:

0.02%

Daily Std Dev

GSY:

0.52%

JPST:

0.51%

Max Drawdown

GSY:

-12.14%

JPST:

-3.28%

Current Drawdown

GSY:

0.00%

JPST:

0.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with GSY having a 0.27% return and JPST slightly lower at 0.26%.


GSY

YTD

0.27%

1M

0.46%

6M

2.84%

1Y

5.91%

5Y*

2.80%

10Y*

2.50%

JPST

YTD

0.26%

1M

0.41%

6M

2.59%

1Y

5.53%

5Y*

2.83%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GSY vs. JPST - Expense Ratio Comparison

GSY has a 0.22% expense ratio, which is higher than JPST's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


GSY
Invesco Ultra Short Duration ETF
Expense ratio chart for GSY: current value at 0.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.22%
Expense ratio chart for JPST: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

GSY vs. JPST — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSY
The Risk-Adjusted Performance Rank of GSY is 100100
Overall Rank
The Sharpe Ratio Rank of GSY is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of GSY is 9999
Sortino Ratio Rank
The Omega Ratio Rank of GSY is 9999
Omega Ratio Rank
The Calmar Ratio Rank of GSY is 100100
Calmar Ratio Rank
The Martin Ratio Rank of GSY is 100100
Martin Ratio Rank

JPST
The Risk-Adjusted Performance Rank of JPST is 9999
Overall Rank
The Sharpe Ratio Rank of JPST is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of JPST is 9999
Sortino Ratio Rank
The Omega Ratio Rank of JPST is 9999
Omega Ratio Rank
The Calmar Ratio Rank of JPST is 100100
Calmar Ratio Rank
The Martin Ratio Rank of JPST is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GSY vs. JPST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Ultra Short Duration ETF (GSY) 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.


Sharpe ratio
The chart of Sharpe ratio for GSY, currently valued at 11.37, compared to the broader market0.002.004.0011.3710.91
The chart of Sortino ratio for GSY, currently valued at 27.59, compared to the broader market0.005.0010.0027.5924.42
The chart of Omega ratio for GSY, currently valued at 6.25, compared to the broader market1.002.003.006.255.57
The chart of Calmar ratio for GSY, currently valued at 59.88, compared to the broader market0.005.0010.0015.0020.0059.8856.03
The chart of Martin ratio for GSY, currently valued at 342.01, compared to the broader market0.0020.0040.0060.0080.00100.00342.01293.12
GSY
JPST

The current GSY Sharpe Ratio is 11.37, which is comparable to the JPST Sharpe Ratio of 10.91. The chart below compares the historical Sharpe Ratios of GSY and JPST, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio10.5011.0011.5012.0012.5013.00AugustSeptemberOctoberNovemberDecember2025
11.37
10.91
GSY
JPST

Dividends

GSY vs. JPST - Dividend Comparison

GSY's dividend yield for the trailing twelve months is around 5.29%, more than JPST's 5.15% yield.


TTM20242023202220212020201920182017201620152014
GSY
Invesco Ultra Short Duration ETF
5.29%5.31%4.95%1.70%0.58%1.60%2.91%2.42%2.02%1.30%1.17%1.29%
JPST
JPMorgan Ultra-Short Income ETF
5.15%5.16%4.80%1.83%0.73%1.43%2.68%2.07%0.96%0.00%0.00%0.00%

Drawdowns

GSY vs. JPST - Drawdown Comparison

The maximum GSY drawdown since its inception was -12.14%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for GSY and JPST. For additional features, visit the drawdowns tool.


-0.10%-0.08%-0.06%-0.04%-0.02%0.00%AugustSeptemberOctoberNovemberDecember202500
GSY
JPST

Volatility

GSY vs. JPST - Volatility Comparison

The current volatility for Invesco Ultra Short Duration ETF (GSY) is 0.13%, while JPMorgan Ultra-Short Income ETF (JPST) has a volatility of 0.15%. This indicates that GSY experiences smaller price fluctuations and is considered to be less risky than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.12%0.14%0.16%0.18%0.20%0.22%AugustSeptemberOctoberNovemberDecember2025
0.13%
0.15%
GSY
JPST
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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