IOBZX vs. JMSIX
IOBZX (ICON FlexibleBondFund) and JMSIX (JPMorgan Income Fund Class I) are both Multisector Bonds funds. Over the past 10 years, IOBZX returned 3.94%/yr vs 3.79%/yr for JMSIX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. IOBZX charges 0.76%/yr vs 0.40%/yr for JMSIX.
Performance
IOBZX vs. JMSIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IOBZX achieves a 1.41% return, which is significantly higher than JMSIX's 1.12% return. Both investments have delivered pretty close results over the past 10 years, with IOBZX having a 3.94% annualized return and JMSIX not far behind at 3.79%.
IOBZX
- 1D
- -0.47%
- 1M
- -0.47%
- 6M
- 1.05%
- YTD
- 1.41%
- 1Y
- 4.08%
- 3Y*
- 6.20%
- 5Y*
- 3.60%
- 10Y*
- 3.94%
- ALL TIME*
- 4.01%
JMSIX
- 1D
- 0.00%
- 1M
- -0.47%
- 6M
- 0.74%
- YTD
- 1.12%
- 1Y
- 3.79%
- 3Y*
- 6.94%
- 5Y*
- 2.71%
- 10Y*
- 3.79%
- ALL TIME*
- 2.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
IOBZX vs. JMSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOBZX ICON FlexibleBondFund | 1.41% | 5.67% | 8.33% | 8.28% | -5.63% | 4.17% | 4.61% | 8.16% | 0.87% | 4.25% |
JMSIX JPMorgan Income Fund Class I | 1.12% | 7.68% | 7.78% | 6.14% | -8.24% | 3.59% | 3.07% | 11.82% | 1.03% | 6.00% |
Correlation
The correlation between IOBZX and JMSIX is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014 | 0.57 |
The correlation between IOBZX and JMSIX shifts across timeframes, from 0.49 (1 year) to 0.62 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IOBZX vs. JMSIX — Risk / Return Rank
IOBZX
JMSIX
IOBZX vs. JMSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ICON FlexibleBondFund (IOBZX) and JPMorgan Income Fund Class I (JMSIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IOBZX | JMSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.45 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.64 | -0.60 |
| Martin ratioReturn relative to average drawdown | 9.28 | 10.52 | -1.24 |
Loading charts...
Drawdowns
IOBZX vs. JMSIX - Drawdown Comparison
The maximum IOBZX drawdown since its inception was -15.53%, smaller than the maximum JMSIX drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for IOBZX and JMSIX.
Loading charts...
Drawdown Indicators
| IOBZX | JMSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.53% | -18.40% | +2.87% |
Max Drawdown (1Y)Largest decline over 1 year | -2.08% | -1.62% | -0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -2.97% | -2.25% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -8.48% | -11.39% | +2.91% |
Max Drawdown (10Y)Largest decline over 10 years | -15.53% | -18.40% | +2.87% |
Current DrawdownCurrent decline from peak | -0.70% | -0.59% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -1.27% | -2.53% | +1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.45% | 0.41% | +0.04% |
Volatility
IOBZX vs. JMSIX - Volatility Comparison
ICON FlexibleBondFund (IOBZX) has a higher volatility of 0.75% compared to JPMorgan Income Fund Class I (JMSIX) at 0.53%. This indicates that IOBZX's price experiences larger fluctuations and is considered to be riskier than JMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IOBZX | JMSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 0.53% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 1.77% | 1.94% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.09% | 2.50% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.84% | 3.73% | -0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.70% | 3.86% | -0.16% |
IOBZX vs. JMSIX - Expense Ratio Comparison
IOBZX has a 0.76% expense ratio, which is higher than JMSIX's 0.40% expense ratio.
Dividends
IOBZX vs. JMSIX - Dividend Comparison
IOBZX's dividend yield for the trailing twelve months is around 5.47%, less than JMSIX's 5.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IOBZX ICON FlexibleBondFund | 5.47% | 6.74% | 6.71% | 5.65% | 5.22% | 4.90% | 4.03% | 4.67% | 4.18% | 4.07% | 3.58% | 4.00% |
JMSIX JPMorgan Income Fund Class I | 5.54% | 5.95% | 5.78% | 4.43% | 4.78% | 4.00% | 4.95% | 5.10% | 5.43% | 5.42% | 0.46% | 0.00% |
Frequently Asked Questions
IOBZX and JMSIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOBZX has higher volatility (0.75%) compared to JMSIX (0.53%). In terms of maximum drawdown, IOBZX dropped -15.53% vs JMSIX's -18.40%.
IOBZX currently has the higher Sharpe Ratio (2.03 vs 1.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IOBZX and JMSIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer