IHYF vs. JPIE
Compare and contrast key facts about Invesco High Yield Bond Factor ETF (IHYF) and JPMorgan Income ETF (JPIE).
IHYF and JPIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHYF is an actively managed fund by Invesco. It was launched on Nov 30, 2020. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHYF or JPIE.
Correlation
The correlation between IHYF and JPIE is 0.67, 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.
Performance
IHYF vs. JPIE - Performance Comparison
Key characteristics
IHYF:
1.25
JPIE:
3.36
IHYF:
1.73
JPIE:
4.68
IHYF:
1.29
JPIE:
1.86
IHYF:
1.31
JPIE:
4.77
IHYF:
7.01
JPIE:
22.18
IHYF:
0.98%
JPIE:
0.37%
IHYF:
5.51%
JPIE:
2.44%
IHYF:
-15.96%
JPIE:
-9.96%
IHYF:
-3.73%
JPIE:
-0.44%
Returns By Period
In the year-to-date period, IHYF achieves a -1.47% return, which is significantly lower than JPIE's 1.63% return.
IHYF
-1.47%
-3.19%
-0.40%
6.84%
N/A
N/A
JPIE
1.63%
-0.10%
2.16%
8.09%
N/A
N/A
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IHYF vs. JPIE - Expense Ratio Comparison
IHYF has a 0.39% expense ratio, which is lower than JPIE's 0.41% expense ratio.
Risk-Adjusted Performance
IHYF vs. JPIE — Risk-Adjusted Performance Rank
IHYF
JPIE
IHYF vs. JPIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Bond Factor ETF (IHYF) and JPMorgan Income ETF (JPIE). 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
IHYF vs. JPIE - Dividend Comparison
IHYF's dividend yield for the trailing twelve months is around 7.48%, more than JPIE's 5.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
IHYF Invesco High Yield Bond Factor ETF | 7.48% | 7.20% | 6.76% | 6.16% | 4.87% |
JPIE JPMorgan Income ETF | 5.97% | 6.11% | 5.70% | 4.49% | 0.63% |
Drawdowns
IHYF vs. JPIE - Drawdown Comparison
The maximum IHYF drawdown since its inception was -15.96%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for IHYF and JPIE. For additional features, visit the drawdowns tool.
Volatility
IHYF vs. JPIE - Volatility Comparison
Invesco High Yield Bond Factor ETF (IHYF) has a higher volatility of 4.05% compared to JPMorgan Income ETF (JPIE) at 1.51%. This indicates that IHYF's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.