JADE vs. BAMU

Last updated Jun 4, 2026

JADE (JPMorgan Active Developing Markets Equity ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - JADE is a Emerging Markets Diversified fund actively managed by JPMorgan, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. Both are actively managed. Over the past year, JADE returned 59.71% vs 2.93% for BAMU. At a correlation of -0.08, they often move in opposite directions. JADE charges 0.65%/yr vs 1.09%/yr for BAMU.

Performance

JADE vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active Developing Markets Equity ETF (JADE) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JADE achieves a 28.34% return, which is significantly higher than BAMU's 1.06% return.

JADE

• 1D: -1.18%
• 1M: 8.60%
• YTD: 28.34%
• 6M: 31.12%
• 1Y: 59.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAMU

• 1D: 0.02%
• 1M: 0.20%
• YTD: 1.06%
• 6M: 1.25%
• 1Y: 2.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JADE vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JADE JPMorgan Active Developing Markets Equity ETF	28.34%	38.50%	-2.30%
BAMU Brookstone Ultra-Short Bond ETF	1.06%	3.21%	2.61%

Correlation

The correlation between JADE and BAMU is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since May 20, 2024	-0.08

JADE vs. BAMU - Sectors Allocation Comparison

Sectors	JADE	BAMU
Technology	37.1%	-
Financial Services	22.3%	98.8%
Consumer Cyclical	11.4%	-
Industrials	7.8%	-
Communication Services	7.2%	-
Energy	4.7%	-
Basic Materials	3.6%	-
Consumer Defensive	2.3%	-
Utilities	2.1%	-
Real Estate	0.9%	-
Healthcare	0.6%	-

Return for Risk

JADE vs. BAMU — Risk / Return Rank

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

JADE

JADE Risk / Return Rank: 88
JADE Sharpe Ratio Rank: 90
JADE Sortino Ratio Rank: 87
JADE Omega Ratio Rank: 89
JADE Calmar Ratio Rank: 85
JADE Martin Ratio Rank: 88

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 97
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JADE vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Developing Markets Equity ETF (JADE) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

	JADE	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	3.12	4.98	-1.86
Sortino ratio: Return per unit of downside risk	3.95	8.77	-4.82
Omega ratio: Gain probability vs. loss probability	1.57	2.41	-0.84
Calmar ratio: Return relative to maximum drawdown	4.69	24.89	-20.20
Martin ratio: Return relative to average drawdown	19.53	97.89	-78.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JADE vs. BAMU - Sharpe Ratio Comparison

The current JADE Sharpe Ratio is 3.12, which is lower than the BAMU Sharpe Ratio of 4.98. The chart below compares the historical Sharpe Ratios of JADE and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JADE	BAMU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.12	4.98	-1.86
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	4.14	-2.53

Drawdowns

JADE vs. BAMU - Drawdown Comparison

The maximum JADE drawdown since its inception was -16.71%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for JADE and BAMU.

Drawdown Indicators

	JADE	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-16.71%	-0.36%	-16.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.80%	-0.12%	-12.68%
Current Drawdown Current decline from peak	-1.18%	0.00%	-1.18%
Average Drawdown Average peak-to-trough decline	-3.22%	-0.02%	-3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	0.03%	+3.04%

Volatility

JADE vs. BAMU - Volatility Comparison

JPMorgan Active Developing Markets Equity ETF (JADE) has a higher volatility of 8.13% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.07%. This indicates that JADE's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JADE	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	0.07%	+8.06%
Volatility (6M) Calculated over the trailing 6-month period	16.48%	0.43%	+16.05%
Volatility (1Y) Calculated over the trailing 1-year period	19.25%	0.59%	+18.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.39%	0.87%	+18.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	0.87%	+18.52%

JADE vs. BAMU - Expense Ratio Comparison

JADE has a 0.65% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

JADE vs. BAMU - Dividend Comparison

JADE's dividend yield for the trailing twelve months is around 1.78%, less than BAMU's 3.06% yield.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.06%	3.20%	3.97%	0.84%
JADE JPMorgan Active Developing Markets Equity ETF	1.78%	2.29%	1.49%	0.00%

Frequently Asked Questions

Can I hold both JADE and BAMU in my portfolio?

JADE and BAMU have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JADE or BAMU?

JADE has higher volatility (8.13%) compared to BAMU (0.07%). In terms of maximum drawdown, JADE dropped -16.71% vs BAMU's -0.36%.

Which ETF is better, JADE or BAMU?

On 1-year performance, JADE leads with 59.71% vs 2.93% for BAMU. On fees, JADE is cheaper at 0.65% per year. On volatility, BAMU has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JADE or BAMU?

Over the 1-year period, JADE has performed better with a 59.71% return vs 2.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JADE or BAMU?

JADE is cheaper with a 0.65% expense ratio, compared with 1.09% for BAMU.

Which ETF pays a higher dividend yield, JADE or BAMU?

BAMU has the higher dividend yield at 3.06%, compared with 1.78% for JADE.

What is the main difference between JADE and BAMU?

JADE is categorized as Emerging Markets Diversified, while BAMU is Ultrashort Bond. They also come from different issuers: JPMorgan and Brookstone. Their fees differ too: 0.65% for JADE and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (4.98 vs 3.12), 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.