HLLVX vs. DFAIX
Compare and contrast key facts about JPMorgan Short Duration Bond Fund (HLLVX) and DFA Short-Duration Real Return Portfolio (DFAIX).
HLLVX is managed by JPMorgan. It was launched on Sep 4, 1990. DFAIX is managed by Dimensional. It was launched on Nov 5, 2013.
Performance
HLLVX vs. DFAIX - Performance Comparison
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HLLVX vs. DFAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLLVX JPMorgan Short Duration Bond Fund | -0.18% | 5.57% | 5.15% | 5.40% | -3.71% | -0.07% | 4.51% | 4.26% | 1.16% | 0.85% |
DFAIX DFA Short-Duration Real Return Portfolio | 0.86% | 4.86% | 6.38% | 5.64% | -2.77% | 5.40% | 2.75% | 5.63% | 0.11% | 1.71% |
Returns By Period
In the year-to-date period, HLLVX achieves a -0.18% return, which is significantly lower than DFAIX's 0.86% return. Over the past 10 years, HLLVX has underperformed DFAIX with an annualized return of 2.26%, while DFAIX has yielded a comparatively higher 3.20% annualized return.
HLLVX
- 1D
- 0.09%
- 1M
- -1.00%
- YTD
- -0.18%
- 6M
- 1.04%
- 1Y
- 3.74%
- 3Y*
- 4.70%
- 5Y*
- 2.32%
- 10Y*
- 2.26%
DFAIX
- 1D
- 0.19%
- 1M
- -0.09%
- YTD
- 0.86%
- 6M
- 1.22%
- 1Y
- 3.68%
- 3Y*
- 5.27%
- 5Y*
- 3.82%
- 10Y*
- 3.20%
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HLLVX vs. DFAIX - Expense Ratio Comparison
HLLVX has a 0.34% expense ratio, which is higher than DFAIX's 0.22% expense ratio.
Return for Risk
HLLVX vs. DFAIX — Risk / Return Rank
HLLVX
DFAIX
HLLVX vs. DFAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Short Duration Bond Fund (HLLVX) and DFA Short-Duration Real Return Portfolio (DFAIX). 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.
| HLLVX | DFAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.44 | 3.57 | -1.13 |
Sortino ratioReturn per unit of downside risk | 3.94 | 5.96 | -2.02 |
Omega ratioGain probability vs. loss probability | 1.57 | 2.07 | -0.51 |
Calmar ratioReturn relative to maximum drawdown | 3.59 | 8.64 | -5.05 |
Martin ratioReturn relative to average drawdown | 17.24 | 34.01 | -16.77 |
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
| HLLVX | DFAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 3.57 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.18 | 1.21 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.37 | 1.26 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.03 | 1.08 | +0.95 |
Correlation
The correlation between HLLVX and DFAIX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HLLVX vs. DFAIX - Dividend Comparison
HLLVX's dividend yield for the trailing twelve months is around 3.88%, less than DFAIX's 4.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLLVX JPMorgan Short Duration Bond Fund | 3.88% | 4.21% | 3.98% | 2.95% | 1.45% | 1.21% | 2.03% | 2.40% | 1.71% | 1.23% | 0.95% | 0.99% |
DFAIX DFA Short-Duration Real Return Portfolio | 4.61% | 4.65% | 4.14% | 3.66% | 1.68% | 0.98% | 0.82% | 2.53% | 2.72% | 1.71% | 1.41% | 1.29% |
Drawdowns
HLLVX vs. DFAIX - Drawdown Comparison
The maximum HLLVX drawdown since its inception was -5.77%, roughly equal to the maximum DFAIX drawdown of -5.63%. Use the drawdown chart below to compare losses from any high point for HLLVX and DFAIX.
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Drawdown Indicators
| HLLVX | DFAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.77% | -5.63% | -0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -1.09% | -0.47% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -5.77% | -5.46% | -0.31% |
Max Drawdown (10Y)Largest decline over 10 years | -5.77% | -5.63% | -0.14% |
Current DrawdownCurrent decline from peak | -1.00% | -0.28% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -0.42% | -0.95% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 0.12% | +0.11% |
Volatility
HLLVX vs. DFAIX - Volatility Comparison
JPMorgan Short Duration Bond Fund (HLLVX) and DFA Short-Duration Real Return Portfolio (DFAIX) have volatilities of 0.51% and 0.50%, 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.
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Volatility by Period
| HLLVX | DFAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.51% | 0.50% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 0.95% | 0.75% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.54% | 1.07% | +0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.98% | 3.18% | -1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.66% | 2.56% | -0.90% |