JAGG vs. BND
Compare and contrast key facts about JPMorgan U.S. Aggregate Bond ETF (JAGG) and Vanguard Total Bond Market ETF (BND).
JAGG and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JAGG is an actively managed fund by JPMorgan Chase. It was launched on Dec 12, 2018. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAGG or BND.
Performance
JAGG vs. BND - Performance Comparison
Returns By Period
In the year-to-date period, JAGG achieves a 1.51% return, which is significantly lower than BND's 1.83% return.
JAGG
1.51%
-1.62%
2.74%
6.20%
-0.56%
N/A
BND
1.83%
-1.26%
2.96%
6.48%
-0.28%
1.41%
Key characteristics
| JAGG | BND | |
|---|---|---|
| Sharpe Ratio | 1.15 | 1.17 |
| Sortino Ratio | 1.68 | 1.71 |
| Omega Ratio | 1.20 | 1.20 |
| Calmar Ratio | 0.43 | 0.45 |
| Martin Ratio | 3.68 | 3.85 |
| Ulcer Index | 1.79% | 1.72% |
| Daily Std Dev | 5.74% | 5.66% |
| Max Drawdown | -19.00% | -18.84% |
| Current Drawdown | -9.65% | -8.96% |
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JAGG vs. BND - Expense Ratio Comparison
JAGG has a 0.07% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between JAGG and BND is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
JAGG vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Aggregate Bond ETF (JAGG) and Vanguard Total Bond Market ETF (BND). 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
JAGG vs. BND - Dividend Comparison
JAGG's dividend yield for the trailing twelve months is around 4.20%, more than BND's 3.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAGG JPMorgan U.S. Aggregate Bond ETF | 4.20% | 3.60% | 2.23% | 1.44% | 1.93% | 2.78% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.57% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
JAGG vs. BND - Drawdown Comparison
The maximum JAGG drawdown since its inception was -19.00%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for JAGG and BND. For additional features, visit the drawdowns tool.
Volatility
JAGG vs. BND - Volatility Comparison
JPMorgan U.S. Aggregate Bond ETF (JAGG) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.49% and 1.53%, 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.