HLIPX vs. AGG
Compare and contrast key facts about JPMorgan Core Plus Bond Fund (HLIPX) and iShares Core U.S. Aggregate Bond ETF (AGG).
HLIPX is managed by JPMorgan Chase. It was launched on Mar 5, 1993. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLIPX or AGG.
Key characteristics
| HLIPX | AGG | |
|---|---|---|
| YTD Return | 2.80% | 1.81% |
| 1Y Return | 8.32% | 6.82% |
| 3Y Return (Ann) | -1.74% | -2.19% |
| 5Y Return (Ann) | 0.12% | -0.18% |
| 10Y Return (Ann) | 1.69% | 1.45% |
| Sharpe Ratio | 1.65 | 1.37 |
| Sortino Ratio | 2.46 | 2.02 |
| Omega Ratio | 1.30 | 1.24 |
| Calmar Ratio | 0.67 | 0.55 |
| Martin Ratio | 6.69 | 4.85 |
| Ulcer Index | 1.43% | 1.68% |
| Daily Std Dev | 5.79% | 5.95% |
| Max Drawdown | -19.44% | -18.43% |
| Current Drawdown | -6.62% | -8.49% |
Correlation
The correlation between HLIPX and AGG is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HLIPX vs. AGG - Performance Comparison
In the year-to-date period, HLIPX achieves a 2.80% return, which is significantly higher than AGG's 1.81% return. Over the past 10 years, HLIPX has outperformed AGG with an annualized return of 1.69%, while AGG has yielded a comparatively lower 1.45% annualized 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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HLIPX vs. AGG - Expense Ratio Comparison
HLIPX has a 0.46% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
HLIPX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond Fund (HLIPX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
HLIPX vs. AGG - Dividend Comparison
HLIPX's dividend yield for the trailing twelve months is around 4.73%, more than AGG's 3.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIPX JPMorgan Core Plus Bond Fund | 4.73% | 4.01% | 3.37% | 2.57% | 2.74% | 3.26% | 3.11% | 2.84% | 2.77% | 3.03% | 3.44% | 3.79% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.96% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
HLIPX vs. AGG - Drawdown Comparison
The maximum HLIPX drawdown since its inception was -19.44%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for HLIPX and AGG. For additional features, visit the drawdowns tool.
Volatility
HLIPX vs. AGG - Volatility Comparison
JPMorgan Core Plus Bond Fund (HLIPX) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.64% and 1.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.