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HLIPX vs. BCPIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HLIPX vs. BCPIX

Last updated Apr 15, 2026

HLIPX (JPMorgan Core Plus Bond Fund) and BCPIX (Brandes Core Plus Fixed Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, HLIPX returned 2.43%/yr vs 1.89%/yr for BCPIX. Their correlation of 0.84 suggests significant overlap in exposure. HLIPX charges 0.46%/yr vs 0.30%/yr for BCPIX.

Performance

HLIPX vs. BCPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Core Plus Bond Fund (HLIPX) and Brandes Core Plus Fixed Income Fund (BCPIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HLIPX achieves a 0.52% return, which is significantly higher than BCPIX's 0.04% return. Over the past 10 years, HLIPX has outperformed BCPIX with an annualized return of 2.43%, while BCPIX has yielded a comparatively lower 1.89% annualized return.

HLIPX

1D
0.14%
1M
0.28%
YTD
0.52%
6M
0.92%
1Y
6.83%
3Y*
4.63%
5Y*
0.99%
10Y*
2.43%

BCPIX

1D
0.12%
1M
0.24%
YTD
0.04%
6M
0.49%
1Y
5.27%
3Y*
3.85%
5Y*
0.91%
10Y*
1.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HLIPX vs. BCPIX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HLIPX
JPMorgan Core Plus Bond Fund		0.52%7.98%2.64%6.38%-12.69%-0.30%7.93%8.73%0.01%4.26%
BCPIX
Brandes Core Plus Fixed Income Fund		0.04%6.71%1.98%6.70%-10.78%-0.34%5.77%6.65%-0.45%2.74%

Correlation

The correlation between HLIPX and BCPIX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (3Y)
Calculated over the trailing 3-year period

0.93

Correlation (5Y)
Calculated over the trailing 5-year period

0.93

Correlation (All Time)
Calculated using the full available price history since Jan 2, 2008

0.84

The correlation between HLIPX and BCPIX has been stable across timeframes, ranging from 0.84 to 0.93 — a consistent structural relationship.

Compare stocks, funds, or ETFs

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

JPMorgan Core Plus Bond Fund

Brandes Core Plus Fixed Income Fund

Often compared with HLIPX:
HLIPX vs. WOBDXHLIPX vs. FIXDHLIPX vs. BALTHLIPX vs. UCONHLIPX vs. SAVYXHLIPX vs. AGGHLIPX vs. AAPL
Often compared with BCPIX:
BCPIX vs. AAIIXBCPIX vs. JCPUXBCPIX vs. HOBIXBCPIX vs. AMFIXBCPIX vs. ARINXBCPIX vs. EINFXBCPIX vs. GUGAX

Return for Risk

HLIPX vs. BCPIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HLIPX
HLIPX Risk / Return Rank: 3030
Overall Rank
HLIPX Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
HLIPX Sortino Ratio Rank: 3636
Sortino Ratio Rank
HLIPX Omega Ratio Rank: 2929
Omega Ratio Rank
HLIPX Calmar Ratio Rank: 2626
Calmar Ratio Rank
HLIPX Martin Ratio Rank: 2828
Martin Ratio Rank
BCPIX
BCPIX Risk / Return Rank: 2020
Overall Rank
BCPIX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
BCPIX Sortino Ratio Rank: 2121
Sortino Ratio Rank
BCPIX Omega Ratio Rank: 1717
Omega Ratio Rank
BCPIX Calmar Ratio Rank: 2222
Calmar Ratio Rank
BCPIX Martin Ratio Rank: 2121
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HLIPX vs. BCPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond Fund (HLIPX) and Brandes Core Plus Fixed Income Fund (BCPIX). 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.

HLIPXBCPIXDifference

Sharpe ratio

Return per unit of total volatility

1.90

1.57

+0.33

Sortino ratio

Return per unit of downside risk

2.86

2.38

+0.48

Omega ratio

Gain probability vs. loss probability

1.35

1.28

+0.07

Calmar ratio

Return relative to maximum drawdown

2.25

2.00

+0.25

Martin ratio

Return relative to average drawdown

8.57

6.81

+1.76

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HLIPX vs. BCPIX - Sharpe Ratio Comparison

The current HLIPX Sharpe Ratio is 1.90, which is comparable to the BCPIX Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of HLIPX and BCPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

HLIPXBCPIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.90

1.57

+0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.18

0.18

-0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.46

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

1.11

0.34

+0.77

Drawdowns

HLIPX vs. BCPIX - Drawdown Comparison

The maximum HLIPX drawdown since its inception was -16.91%, smaller than the maximum BCPIX drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for HLIPX and BCPIX.

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Drawdown Indicators

HLIPXBCPIXDifference

Max Drawdown

Largest peak-to-trough decline

-16.91%

-22.43%

+5.52%

Max Drawdown (1Y)

Largest decline over 1 year

-2.97%

-2.58%

-0.39%

Max Drawdown (5Y)

Largest decline over 5 years

-16.91%

-15.19%

-1.72%

Max Drawdown (10Y)

Largest decline over 10 years

-16.91%

-15.19%

-1.72%

Current Drawdown

Current decline from peak

-1.62%

-1.52%

-0.10%

Average Drawdown

Average peak-to-trough decline

-1.94%

-4.28%

+2.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.78%

0.76%

+0.02%

Volatility

HLIPX vs. BCPIX - Volatility Comparison

JPMorgan Core Plus Bond Fund (HLIPX) has a higher volatility of 1.67% compared to Brandes Core Plus Fixed Income Fund (BCPIX) at 1.31%. This indicates that HLIPX's price experiences larger fluctuations and is considered to be riskier than BCPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HLIPXBCPIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.67%

1.31%

+0.36%

Volatility (6M)

Calculated over the trailing 6-month period

2.62%

2.34%

+0.28%

Volatility (1Y)

Calculated over the trailing 1-year period

4.03%

3.71%

+0.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.65%

5.06%

+0.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.62%

4.16%

+0.46%

HLIPX vs. BCPIX - Expense Ratio Comparison

HLIPX has a 0.46% expense ratio, which is higher than BCPIX's 0.30% expense ratio.

Dividends

HLIPX vs. BCPIX - Dividend Comparison

HLIPX's dividend yield for the trailing twelve months is around 4.52%, more than BCPIX's 4.08% yield.

TTM20252024202320222021202020192018201720162015
HLIPX
JPMorgan Core Plus Bond Fund		4.52%4.86%4.88%4.02%3.36%3.25%4.36%3.23%3.08%2.83%2.77%3.25%
BCPIX
Brandes Core Plus Fixed Income Fund		4.08%4.32%3.67%2.91%2.54%1.89%1.76%2.77%2.90%2.49%2.84%2.72%