JAGG vs. VOO
Compare and contrast key facts about JPMorgan U.S. Aggregate Bond ETF (JAGG) and Vanguard S&P 500 ETF (VOO).
JAGG and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAGG or VOO.
Key characteristics
| JAGG | VOO | |
|---|---|---|
| YTD Return | -3.21% | 5.63% |
| 1Y Return | -1.55% | 23.68% |
| 3Y Return (Ann) | -3.72% | 7.89% |
| 5Y Return (Ann) | -0.38% | 13.12% |
| Sharpe Ratio | -0.10 | 1.91 |
| Daily Std Dev | 6.76% | 11.70% |
| Max Drawdown | -18.86% | -33.99% |
| Current Drawdown | -13.71% | -4.45% |
Correlation
The correlation between JAGG and VOO is 0.02, 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
JAGG vs. VOO - Performance Comparison
In the year-to-date period, JAGG achieves a -3.21% return, which is significantly lower than VOO's 5.63% 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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JAGG vs. VOO - Expense Ratio Comparison
JAGG has a 0.07% expense ratio, which is higher than VOO'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%.
Risk-Adjusted Performance
JAGG vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Aggregate Bond ETF (JAGG) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
JAGG's dividend yield for the trailing twelve months is around 4.12%, more than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAGG JPMorgan U.S. Aggregate Bond ETF | 4.12% | 3.60% | 2.23% | 1.44% | 2.11% | 2.78% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
JAGG vs. VOO - Drawdown Comparison
The maximum JAGG drawdown since its inception was -18.86%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for JAGG and VOO. For additional features, visit the drawdowns tool.
Volatility
JAGG vs. VOO - Volatility Comparison
The current volatility for JPMorgan U.S. Aggregate Bond ETF (JAGG) is 1.86%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.89%. This indicates that JAGG experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.