PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
HLIPX vs. FIXD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HLIPXFIXD
YTD Return-0.38%-2.14%
1Y Return3.04%0.53%
3Y Return (Ann)-2.15%-3.84%
5Y Return (Ann)0.78%-0.06%
Sharpe Ratio0.360.02
Daily Std Dev6.52%7.48%
Max Drawdown-19.43%-20.35%
Current Drawdown-8.66%-13.25%

Correlation

-0.50.00.51.00.9

The correlation between HLIPX and FIXD is 0.87, 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. FIXD - Performance Comparison

In the year-to-date period, HLIPX achieves a -0.38% return, which is significantly higher than FIXD's -2.14% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


4.00%6.00%8.00%10.00%12.00%14.00%December2024FebruaryMarchAprilMay
12.24%
7.61%
HLIPX
FIXD

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

First Trust TCW Opportunistic Fixed Income ETF

HLIPX vs. FIXD - Expense Ratio Comparison

HLIPX has a 0.46% expense ratio, which is lower than FIXD's 0.56% expense ratio.


FIXD
First Trust TCW Opportunistic Fixed Income ETF
Expense ratio chart for FIXD: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%
Expense ratio chart for HLIPX: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

HLIPX vs. FIXD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond Fund (HLIPX) and First Trust TCW Opportunistic Fixed Income ETF (FIXD). 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.


HLIPX
Sharpe ratio
The chart of Sharpe ratio for HLIPX, currently valued at 0.40, compared to the broader market-1.000.001.002.003.004.000.40
Sortino ratio
The chart of Sortino ratio for HLIPX, currently valued at 0.63, compared to the broader market-2.000.002.004.006.008.0010.0012.000.63
Omega ratio
The chart of Omega ratio for HLIPX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.003.501.07
Calmar ratio
The chart of Calmar ratio for HLIPX, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.000.16
Martin ratio
The chart of Martin ratio for HLIPX, currently valued at 1.16, compared to the broader market0.0020.0040.0060.0080.001.16
FIXD
Sharpe ratio
The chart of Sharpe ratio for FIXD, currently valued at 0.02, compared to the broader market-1.000.001.002.003.004.000.02
Sortino ratio
The chart of Sortino ratio for FIXD, currently valued at 0.08, compared to the broader market-2.000.002.004.006.008.0010.0012.000.08
Omega ratio
The chart of Omega ratio for FIXD, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.003.501.01
Calmar ratio
The chart of Calmar ratio for FIXD, currently valued at 0.01, compared to the broader market0.002.004.006.008.0010.0012.000.01
Martin ratio
The chart of Martin ratio for FIXD, currently valued at 0.05, compared to the broader market0.0020.0040.0060.0080.000.05

HLIPX vs. FIXD - Sharpe Ratio Comparison

The current HLIPX Sharpe Ratio is 0.36, which is higher than the FIXD Sharpe Ratio of 0.02. The chart below compares the 12-month rolling Sharpe Ratio of HLIPX and FIXD.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.600.80December2024FebruaryMarchAprilMay
0.40
0.02
HLIPX
FIXD

Dividends

HLIPX vs. FIXD - Dividend Comparison

HLIPX's dividend yield for the trailing twelve months is around 4.36%, more than FIXD's 4.29% yield.


TTM20232022202120202019201820172016201520142013
HLIPX
JPMorgan Core Plus Bond Fund
4.36%4.02%3.36%3.25%4.36%3.23%3.08%2.83%2.77%3.03%4.16%4.47%
FIXD
First Trust TCW Opportunistic Fixed Income ETF
4.29%3.93%3.20%1.74%2.99%4.19%2.92%1.95%0.00%0.00%0.00%0.00%

Drawdowns

HLIPX vs. FIXD - Drawdown Comparison

The maximum HLIPX drawdown since its inception was -19.43%, roughly equal to the maximum FIXD drawdown of -20.35%. Use the drawdown chart below to compare losses from any high point for HLIPX and FIXD. For additional features, visit the drawdowns tool.


-16.00%-14.00%-12.00%-10.00%-8.00%December2024FebruaryMarchAprilMay
-8.66%
-13.25%
HLIPX
FIXD

Volatility

HLIPX vs. FIXD - Volatility Comparison

The current volatility for JPMorgan Core Plus Bond Fund (HLIPX) is 1.41%, while First Trust TCW Opportunistic Fixed Income ETF (FIXD) has a volatility of 1.53%. This indicates that HLIPX experiences smaller price fluctuations and is considered to be less risky than FIXD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%December2024FebruaryMarchAprilMay
1.41%
1.53%
HLIPX
FIXD