ICMUX vs. JNK
Compare and contrast key facts about Intrepid Income Fund (ICMUX) and SPDR Barclays High Yield Bond ETF (JNK).
ICMUX is managed by Intrepid Funds. It was launched on Jul 1, 2007. JNK is a passively managed fund by State Street that tracks the performance of the Barclays Capital High Yield Very Liquid Index. It was launched on Nov 28, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICMUX or JNK.
Performance
ICMUX vs. JNK - Performance Comparison
Returns By Period
In the year-to-date period, ICMUX achieves a 9.54% return, which is significantly higher than JNK's 7.87% return. Over the past 10 years, ICMUX has outperformed JNK with an annualized return of 4.84%, while JNK has yielded a comparatively lower 3.66% annualized return.
ICMUX
9.54%
0.72%
5.67%
12.36%
7.27%
4.84%
JNK
7.87%
1.01%
5.98%
12.38%
3.55%
3.66%
Key characteristics
| ICMUX | JNK | |
|---|---|---|
| Sharpe Ratio | 6.57 | 2.66 |
| Sortino Ratio | 12.38 | 4.07 |
| Omega Ratio | 3.14 | 1.51 |
| Calmar Ratio | 15.72 | 2.22 |
| Martin Ratio | 72.72 | 20.00 |
| Ulcer Index | 0.17% | 0.62% |
| Daily Std Dev | 1.88% | 4.66% |
| Max Drawdown | -8.76% | -38.48% |
| Current Drawdown | 0.00% | -0.43% |
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ICMUX vs. JNK - Expense Ratio Comparison
ICMUX has a 0.91% expense ratio, which is higher than JNK's 0.40% expense ratio.
Correlation
The correlation between ICMUX and JNK is 0.37, 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.
Risk-Adjusted Performance
ICMUX vs. JNK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Intrepid Income Fund (ICMUX) and SPDR Barclays High Yield Bond ETF (JNK). 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
ICMUX vs. JNK - Dividend Comparison
ICMUX's dividend yield for the trailing twelve months is around 7.94%, more than JNK's 6.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICMUX Intrepid Income Fund | 7.94% | 9.06% | 8.19% | 5.98% | 5.56% | 3.34% | 3.07% | 2.87% | 3.01% | 3.53% | 3.34% | 2.91% |
JNK SPDR Barclays High Yield Bond ETF | 6.55% | 6.38% | 6.06% | 4.26% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.60% | 5.99% | 6.05% |
Drawdowns
ICMUX vs. JNK - Drawdown Comparison
The maximum ICMUX drawdown since its inception was -8.76%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for ICMUX and JNK. For additional features, visit the drawdowns tool.
Volatility
ICMUX vs. JNK - Volatility Comparison
The current volatility for Intrepid Income Fund (ICMUX) is 0.53%, while SPDR Barclays High Yield Bond ETF (JNK) has a volatility of 0.98%. This indicates that ICMUX experiences smaller price fluctuations and is considered to be less risky than JNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.