HLIPX vs. FIXD
Compare and contrast key facts about JPMorgan Core Plus Bond Fund (HLIPX) and First Trust TCW Opportunistic Fixed Income ETF (FIXD).
HLIPX is managed by JPMorgan Chase. It was launched on Mar 5, 1993. FIXD is an actively managed fund by First Trust. It was launched on Feb 14, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLIPX or FIXD.
Key characteristics
| HLIPX | FIXD | |
|---|---|---|
| YTD Return | 3.23% | 1.87% |
| 1Y Return | 9.40% | 8.24% |
| 3Y Return (Ann) | -1.76% | -3.02% |
| 5Y Return (Ann) | 0.33% | -0.07% |
| Sharpe Ratio | 1.67 | 1.31 |
| Sortino Ratio | 2.48 | 1.91 |
| Omega Ratio | 1.30 | 1.23 |
| Calmar Ratio | 0.65 | 0.51 |
| Martin Ratio | 7.03 | 4.22 |
| Ulcer Index | 1.38% | 2.08% |
| Daily Std Dev | 5.81% | 6.70% |
| Max Drawdown | -19.44% | -20.35% |
| Current Drawdown | -6.23% | -9.69% |
Correlation
The correlation between HLIPX and FIXD is 0.88, 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 3.23% return, which is significantly higher than FIXD's 1.87% 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. FIXD - Expense Ratio Comparison
HLIPX has a 0.46% expense ratio, which is lower than FIXD's 0.56% expense ratio.
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.
Dividends
HLIPX vs. FIXD - Dividend Comparison
HLIPX's dividend yield for the trailing twelve months is around 4.71%, more than FIXD's 4.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIPX JPMorgan Core Plus Bond Fund | 4.71% | 4.01% | 3.37% | 2.57% | 2.74% | 3.26% | 3.11% | 2.84% | 2.77% | 3.03% | 3.44% | 3.79% |
FIXD First Trust TCW Opportunistic Fixed Income ETF | 4.57% | 3.93% | 3.20% | 1.74% | 3.03% | 4.20% | 2.93% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HLIPX vs. FIXD - Drawdown Comparison
The maximum HLIPX drawdown since its inception was -19.44%, 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.
Volatility
HLIPX vs. FIXD - Volatility Comparison
The current volatility for JPMorgan Core Plus Bond Fund (HLIPX) is 1.61%, while First Trust TCW Opportunistic Fixed Income ETF (FIXD) has a volatility of 1.73%. 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.