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ISDB vs. JPLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ISDB and JPLD is 0.12, 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.


Performance

ISDB vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Short Duration Bond ETF (ISDB) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ISDB:

3.00

JPLD:

3.25

Sortino Ratio

ISDB:

4.97

JPLD:

5.23

Omega Ratio

ISDB:

1.83

JPLD:

1.72

Calmar Ratio

ISDB:

8.10

JPLD:

5.38

Martin Ratio

ISDB:

21.88

JPLD:

23.28

Ulcer Index

ISDB:

0.27%

JPLD:

0.27%

Daily Std Dev

ISDB:

1.93%

JPLD:

1.89%

Max Drawdown

ISDB:

-1.44%

JPLD:

-1.17%

Current Drawdown

ISDB:

-0.15%

JPLD:

-0.15%

Returns By Period

The year-to-date returns for both investments are quite close, with ISDB having a 1.84% return and JPLD slightly higher at 1.88%.


ISDB

YTD

1.84%

1M

0.38%

6M

2.39%

1Y

5.82%

3Y*

N/A

5Y*

N/A

10Y*

N/A

JPLD

YTD

1.88%

1M

0.41%

6M

2.49%

1Y

6.07%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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ISDB vs. JPLD - Expense Ratio Comparison

ISDB has a 0.36% expense ratio, which is higher than JPLD's 0.24% expense ratio.


Risk-Adjusted Performance

ISDB vs. JPLD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ISDB
The Risk-Adjusted Performance Rank of ISDB is 9898
Overall Rank
The Sharpe Ratio Rank of ISDB is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of ISDB is 9898
Sortino Ratio Rank
The Omega Ratio Rank of ISDB is 9898
Omega Ratio Rank
The Calmar Ratio Rank of ISDB is 9999
Calmar Ratio Rank
The Martin Ratio Rank of ISDB is 9898
Martin Ratio Rank

JPLD
The Risk-Adjusted Performance Rank of JPLD is 9898
Overall Rank
The Sharpe Ratio Rank of JPLD is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of JPLD is 9898
Sortino Ratio Rank
The Omega Ratio Rank of JPLD is 9898
Omega Ratio Rank
The Calmar Ratio Rank of JPLD is 9898
Calmar Ratio Rank
The Martin Ratio Rank of JPLD is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ISDB vs. JPLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Short Duration Bond ETF (ISDB) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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.


The current ISDB Sharpe Ratio is 3.00, which is comparable to the JPLD Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of ISDB and JPLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ISDB vs. JPLD - Dividend Comparison

ISDB's dividend yield for the trailing twelve months is around 5.37%, more than JPLD's 4.40% yield.


Drawdowns

ISDB vs. JPLD - Drawdown Comparison

The maximum ISDB drawdown since its inception was -1.44%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for ISDB and JPLD. For additional features, visit the drawdowns tool.


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Volatility

ISDB vs. JPLD - Volatility Comparison

The current volatility for Invesco Short Duration Bond ETF (ISDB) is 0.52%, while J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) has a volatility of 0.55%. This indicates that ISDB experiences smaller price fluctuations and is considered to be less risky than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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