ISDB vs. JPLD
Compare and contrast key facts about Invesco Short Duration Bond ETF (ISDB) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD).
ISDB and JPLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISDB is an actively managed fund by Invesco. It was launched on Dec 5, 2022. JPLD is an actively managed fund by JPMorgan. It was launched on Feb 2, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISDB or JPLD.
Key characteristics
| ISDB | JPLD | |
|---|---|---|
| YTD Return | 4.82% | 5.77% |
| 1Y Return | 7.64% | 8.32% |
| Sharpe Ratio | 4.05 | 4.06 |
| Sortino Ratio | 6.96 | 6.73 |
| Omega Ratio | 1.96 | 1.91 |
| Calmar Ratio | 10.38 | 11.14 |
| Martin Ratio | 31.74 | 36.44 |
| Ulcer Index | 0.24% | 0.22% |
| Daily Std Dev | 1.85% | 1.94% |
| Max Drawdown | -1.44% | -0.71% |
| Current Drawdown | -0.48% | -0.49% |
Correlation
The correlation between ISDB and JPLD is 0.68, 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
ISDB vs. JPLD - Performance Comparison
In the year-to-date period, ISDB achieves a 4.82% return, which is significantly lower than JPLD's 5.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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.
Dividends
ISDB vs. JPLD - Dividend Comparison
ISDB's dividend yield for the trailing twelve months is around 5.52%, more than JPLD's 4.47% yield.
| TTM | 2023 | |
|---|---|---|
ISDB Invesco Short Duration Bond ETF | 5.52% | 5.60% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.47% | 1.83% |
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 -0.71%. Use the drawdown chart below to compare losses from any high point for ISDB and JPLD. For additional features, visit the drawdowns tool.
Volatility
ISDB vs. JPLD - Volatility Comparison
Invesco Short Duration Bond ETF (ISDB) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) have volatilities of 0.48% 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.