HIGH vs. JBND
HIGH (Simplify Enhanced Income ETF) and JBND (Jpmorgan Active Bond ETF) are both exchange-traded funds - HIGH is a Derivative Income fund actively managed by Simplify, while JBND is a Intermediate Core Bond fund actively managed by JPMorgan. Both are actively managed. Over the past year, HIGH returned -1.43% vs 4.74% for JBND. At a 0.07 correlation, their price movements are largely independent. HIGH charges 0.51%/yr vs 0.30%/yr for JBND.
Performance
HIGH vs. JBND - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HIGH achieves a -0.79% return, which is significantly lower than JBND's 0.39% return.
HIGH
- 1D
- -0.82%
- 1M
- 0.09%
- YTD
- -0.79%
- 6M
- -1.67%
- 1Y
- -1.43%
- 3Y*
- 2.72%
- 5Y*
- —
- 10Y*
- —
JBND
- 1D
- 0.04%
- 1M
- 0.55%
- YTD
- 0.39%
- 6M
- 0.57%
- 1Y
- 4.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HIGH vs. JBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HIGH Simplify Enhanced Income ETF | -0.79% | 4.35% | 1.52% | 1.07% |
JBND Jpmorgan Active Bond ETF | 0.39% | 8.21% | 3.19% | 7.43% |
Correlation
The correlation between HIGH and JBND is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2023 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HIGH vs. JBND — Risk / Return Rank
HIGH
JBND
HIGH vs. JBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Enhanced Income ETF (HIGH) and Jpmorgan Active Bond ETF (JBND). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HIGH | JBND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.22 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 1.62 | -1.77 |
| Martin ratioReturn relative to average drawdown | -0.21 | 4.64 | -4.85 |
Loading charts...
Drawdowns
HIGH vs. JBND - Drawdown Comparison
The maximum HIGH drawdown since its inception was -9.50%, which is greater than JBND's maximum drawdown of -4.48%. Use the drawdown chart below to compare losses from any high point for HIGH and JBND.
Loading charts...
Drawdown Indicators
| HIGH | JBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.50% | -4.48% | -5.02% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -2.94% | -6.56% |
Max Drawdown (3Y)Largest decline over 3 years | -9.50% | — | — |
Current DrawdownCurrent decline from peak | -7.50% | -1.58% | -5.92% |
Average DrawdownAverage peak-to-trough decline | -2.44% | -1.16% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.73% | 1.02% | +5.71% |
Volatility
HIGH vs. JBND - Volatility Comparison
Simplify Enhanced Income ETF (HIGH) has a higher volatility of 1.91% compared to Jpmorgan Active Bond ETF (JBND) at 1.09%. This indicates that HIGH's price experiences larger fluctuations and is considered to be riskier than JBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HIGH | JBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 1.09% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 3.81% | 2.76% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.79% | 3.77% | +5.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.53% | 4.83% | +4.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.53% | 4.83% | +4.70% |
HIGH vs. JBND - Expense Ratio Comparison
HIGH has a 0.51% expense ratio, which is higher than JBND's 0.30% expense ratio.
Dividends
HIGH vs. JBND - Dividend Comparison
HIGH's dividend yield for the trailing twelve months is around 7.36%, more than JBND's 4.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HIGH Simplify Enhanced Income ETF | 7.36% | 7.71% | 8.34% | 9.40% | 0.62% |
JBND Jpmorgan Active Bond ETF | 4.40% | 4.42% | 4.58% | 1.00% | 0.00% |
Frequently Asked Questions
HIGH and JBND have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIGH has higher volatility (1.91%) compared to JBND (1.09%). In terms of maximum drawdown, HIGH dropped -9.50% vs JBND's -4.48%.
On 1-year performance, JBND leads with 4.74% vs -1.43% for HIGH. On fees, JBND is cheaper at 0.30% per year. On volatility, JBND has been the lower-risk option at 1.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JBND has performed better with a 4.74% return vs -1.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JBND is cheaper with a 0.30% expense ratio, compared with 0.51% for HIGH.
HIGH has the higher dividend yield at 7.36%, compared with 4.40% for JBND.
HIGH is categorized as Derivative Income, while JBND is Intermediate Core Bond. They also come from different issuers: Simplify and JPMorgan. Their fees differ too: 0.51% for HIGH and 0.30% for JBND.
JBND currently has the higher Sharpe Ratio (1.26 vs -0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for HIGH and JBND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer