IUSB vs. JPLD
IUSB (iShares Core Universal USD Bond ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - IUSB is a Intermediate Core-Plus Bond fund tracking the Bloomberg U.S. Universal Index, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. IUSB is passively managed, while JPLD is actively managed. Over the past year, IUSB returned 5.21% vs 4.59% for JPLD. A 0.71 correlation means they provide meaningful diversification when combined. IUSB charges 0.06%/yr vs 0.24%/yr for JPLD.
Performance
IUSB vs. JPLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUSB achieves a 0.67% return, which is significantly lower than JPLD's 1.20% return.
IUSB
- 1D
- -0.07%
- 1M
- 1.10%
- YTD
- 0.67%
- 6M
- 1.05%
- 1Y
- 5.21%
- 3Y*
- 4.70%
- 5Y*
- 0.39%
- 10Y*
- 1.97%
JPLD
- 1D
- -0.04%
- 1M
- 0.34%
- YTD
- 1.20%
- 6M
- 1.54%
- 1Y
- 4.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IUSB vs. JPLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IUSB iShares Core Universal USD Bond ETF | 0.67% | 7.38% | 2.11% | 3.70% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 1.20% | 6.01% | 6.49% | 3.15% |
Correlation
The correlation between IUSB and JPLD is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023 | 0.71 |
The correlation between IUSB and JPLD has been stable across timeframes, ranging from 0.69 to 0.71 - a consistent structural relationship.
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
IUSB vs. JPLD — Risk / Return Rank
IUSB
JPLD
IUSB vs. JPLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Universal USD Bond ETF (IUSB) 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.
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.
| IUSB | JPLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.66 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 4.54 | -2.62 |
| Martin ratioReturn relative to average drawdown | 5.62 | 21.02 | -15.40 |
Loading charts...
Drawdowns
IUSB vs. JPLD - Drawdown Comparison
The maximum IUSB drawdown since its inception was -17.90%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for IUSB and JPLD.
Loading charts...
Drawdown Indicators
| IUSB | JPLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.90% | -1.17% | -16.73% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -1.00% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -5.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.90% | — | — |
Current DrawdownCurrent decline from peak | -1.09% | -0.04% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -0.15% | -3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 0.22% | +0.64% |
Volatility
IUSB vs. JPLD - Volatility Comparison
iShares Core Universal USD Bond ETF (IUSB) has a higher volatility of 1.30% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.38%. This indicates that IUSB's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUSB | JPLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 0.38% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 0.97% | +1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.59% | 1.46% | +2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.80% | 1.83% | +3.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 1.83% | +3.21% |
IUSB vs. JPLD - Expense Ratio Comparison
IUSB has a 0.06% expense ratio, which is lower than JPLD's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IUSB vs. JPLD - Dividend Comparison
IUSB's dividend yield for the trailing twelve months is around 4.22%, which matches JPLD's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUSB iShares Core Universal USD Bond ETF | 4.22% | 4.17% | 4.04% | 3.46% | 2.53% | 1.74% | 2.68% | 3.04% | 2.98% | 2.56% | 2.60% | 1.95% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.20% | 4.24% | 4.47% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IUSB and JPLD have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IUSB has higher volatility (1.30%) compared to JPLD (0.38%). In terms of maximum drawdown, IUSB dropped -17.90% vs JPLD's -1.17%.
On 1-year performance, IUSB leads with 5.21% vs 4.59% for JPLD. On fees, IUSB is cheaper at 0.06% per year. On volatility, JPLD has been the lower-risk option at 0.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IUSB has performed better with a 5.21% return vs 4.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IUSB is cheaper with a 0.06% expense ratio, compared with 0.24% for JPLD.
IUSB has the higher dividend yield at 4.22%, compared with 4.20% for JPLD.
IUSB is categorized as Intermediate Core-Plus Bond, while JPLD is Short-Term Bond. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.06% for IUSB and 0.24% for JPLD.
JPLD currently has the higher Sharpe Ratio (3.17 vs 1.35), 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 IUSB and JPLD
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