HLIPX vs. UCON
Compare and contrast key facts about JPMorgan Core Plus Bond Fund (HLIPX) and First Trust TCW Unconstrained Plus Bond ETF (UCON).
HLIPX is managed by JPMorgan. It was launched on Mar 5, 1993. UCON is an actively managed fund by First Trust. It was launched on Jun 4, 2018.
Performance
HLIPX vs. UCON - Performance Comparison
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HLIPX vs. UCON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HLIPX JPMorgan Core Plus Bond Fund | -0.17% | 7.98% | 2.64% | 6.38% | -12.69% | -0.30% | 7.93% | 8.73% | 1.66% |
UCON First Trust TCW Unconstrained Plus Bond ETF | -0.44% | 7.00% | 4.69% | 7.72% | -5.72% | 1.02% | 6.54% | 7.39% | 1.11% |
Returns By Period
In the year-to-date period, HLIPX achieves a -0.17% return, which is significantly higher than UCON's -0.44% return.
HLIPX
- 1D
- 0.14%
- 1M
- -1.90%
- YTD
- -0.17%
- 6M
- 0.78%
- 1Y
- 4.49%
- 3Y*
- 4.39%
- 5Y*
- 0.90%
- 10Y*
- 2.42%
UCON
- 1D
- 0.08%
- 1M
- -1.27%
- YTD
- -0.44%
- 6M
- 0.59%
- 1Y
- 4.86%
- 3Y*
- 5.76%
- 5Y*
- 2.67%
- 10Y*
- —
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HLIPX vs. UCON - Expense Ratio Comparison
HLIPX has a 0.46% expense ratio, which is lower than UCON's 0.86% expense ratio.
Return for Risk
HLIPX vs. UCON — Risk / Return Rank
HLIPX
UCON
HLIPX vs. UCON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond Fund (HLIPX) and First Trust TCW Unconstrained Plus Bond ETF (UCON). 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 | UCON | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.67 | -0.55 |
Sortino ratioReturn per unit of downside risk | 1.61 | 2.36 | -0.75 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.31 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 2.00 | -0.34 |
Martin ratioReturn relative to average drawdown | 5.61 | 8.70 | -3.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HLIPX | UCON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.67 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.70 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.62 | +0.49 |
Correlation
The correlation between HLIPX and UCON is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HLIPX vs. UCON - Dividend Comparison
HLIPX's dividend yield for the trailing twelve months is around 4.55%, less than UCON's 4.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLIPX JPMorgan Core Plus Bond Fund | 4.55% | 4.86% | 4.88% | 4.02% | 3.36% | 3.25% | 4.36% | 3.23% | 3.08% | 2.83% | 2.77% | 3.25% |
UCON First Trust TCW Unconstrained Plus Bond ETF | 4.66% | 4.63% | 4.95% | 4.75% | 3.12% | 2.20% | 3.14% | 3.25% | 1.76% | 0.00% | 0.00% | 0.00% |
Drawdowns
HLIPX vs. UCON - Drawdown Comparison
The maximum HLIPX drawdown since its inception was -16.91%, which is greater than UCON's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for HLIPX and UCON.
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Drawdown Indicators
| HLIPX | UCON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.91% | -15.31% | -1.60% |
Max Drawdown (1Y)Largest decline over 1 year | -2.97% | -2.45% | -0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -16.91% | -9.60% | -7.31% |
Max Drawdown (10Y)Largest decline over 10 years | -16.91% | — | — |
Current DrawdownCurrent decline from peak | -2.29% | -1.62% | -0.67% |
Average DrawdownAverage peak-to-trough decline | -1.94% | -1.50% | -0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 0.56% | +0.32% |
Volatility
HLIPX vs. UCON - Volatility Comparison
JPMorgan Core Plus Bond Fund (HLIPX) has a higher volatility of 1.74% compared to First Trust TCW Unconstrained Plus Bond ETF (UCON) at 1.55%. This indicates that HLIPX's price experiences larger fluctuations and is considered to be riskier than UCON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLIPX | UCON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 1.55% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 2.07% | +0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 2.92% | +1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.66% | 3.84% | +1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.62% | 5.94% | -1.32% |