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 -3.09% vs 4.21% for JBND. At a 0.07 correlation, their price movements are largely independent. HIGH charges 0.50%/yr vs 0.25%/yr for JBND.
Performance
HIGH vs. JBND - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HIGH achieves a -0.37% return, which is significantly lower than JBND's -0.14% return.
HIGH
- 1D
- -0.28%
- 1M
- 0.07%
- 6M
- -0.75%
- YTD
- -0.37%
- 1Y
- -3.09%
- 3Y*
- 2.82%
- 5Y*
- —
- 10Y*
- —
JBND
- 1D
- -0.32%
- 1M
- -0.58%
- 6M
- -0.14%
- YTD
- -0.14%
- 1Y
- 4.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HIGH vs. JBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HIGH Simplify Enhanced Income ETF | -0.37% | 4.35% | 1.52% | 1.07% |
JBND Jpmorgan Active Bond ETF | -0.14% | 8.21% | 3.19% | 7.43% |
Correlation
The correlation between HIGH and JBND is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
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 | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.20 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | 1.43 | -1.87 |
| Martin ratioReturn relative to average drawdown | -0.72 | 3.97 | -4.68 |
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 | -7.08% | -2.94% | -4.14% |
Max Drawdown (3Y)Largest decline over 3 years | -9.50% | — | — |
Current DrawdownCurrent decline from peak | -7.11% | -2.10% | -5.01% |
Average DrawdownAverage peak-to-trough decline | -2.51% | -1.17% | -1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.32% | 1.06% | +3.26% |
Volatility
HIGH vs. JBND - Volatility Comparison
Simplify Enhanced Income ETF (HIGH) has a higher volatility of 2.10% compared to Jpmorgan Active Bond ETF (JBND) at 1.25%. 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 | 2.10% | 1.25% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 3.72% | 2.87% | +0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.30% | 3.76% | +3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.49% | 4.82% | +4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.49% | 4.82% | +4.67% |
HIGH vs. JBND - Expense Ratio Comparison
HIGH has a 0.50% expense ratio, which is higher than JBND's 0.25% expense ratio.
Dividends
HIGH vs. JBND - Dividend Comparison
HIGH's dividend yield for the trailing twelve months is around 7.09%, more than JBND's 4.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HIGH Simplify Enhanced Income ETF | 7.09% | 7.71% | 8.34% | 9.40% | 0.62% |
JBND Jpmorgan Active Bond ETF | 4.45% | 4.42% | 4.58% | 1.00% | 0.00% |
Frequently Asked Questions
HIGH and JBND have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIGH has higher volatility (2.10%) compared to JBND (1.25%). In terms of maximum drawdown, HIGH dropped -9.50% vs JBND's -4.48%.
On 1-year performance, JBND leads with 4.21% vs -3.09% for HIGH. On fees, JBND is cheaper at 0.25% per year. On volatility, JBND has been the lower-risk option at 1.25%. 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 4.21% return vs -3.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JBND is cheaper with a 0.25% expense ratio, compared with 0.50% for HIGH.
HIGH has the higher dividend yield at 7.09%, compared with 4.45% 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: 0.50% for HIGH and 0.25% for JBND.
JBND currently has the higher Sharpe Ratio (1.13 vs -0.43), 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