JBK vs. ICSH
JBK (Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50) is a stock, while ICSH (iShares Ultra Short Duration Bond Active ETF) is Ultrashort Bond fund tracking the ICE BofA US 6-Month Treasury Bill Index (USD). Over the past 10 years, JBK returned 7.83%/yr vs 2.76%/yr for ICSH. At a 0.01 correlation, their price movements are largely independent.
Performance
JBK vs. ICSH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JBK achieves a 3.66% return, which is significantly higher than ICSH's 1.45% return. Over the past 10 years, JBK has outperformed ICSH with an annualized return of 7.83%, while ICSH has yielded a comparatively lower 2.76% annualized return.
JBK
- 1D
- -2.24%
- 1M
- -1.06%
- YTD
- 3.66%
- 6M
- 5.78%
- 1Y
- 9.29%
- 3Y*
- 7.73%
- 5Y*
- 1.99%
- 10Y*
- 7.83%
ICSH
- 1D
- 0.00%
- 1M
- 0.34%
- YTD
- 1.45%
- 6M
- 1.79%
- 1Y
- 4.36%
- 3Y*
- 5.20%
- 5Y*
- 3.67%
- 10Y*
- 2.76%
JBK vs. ICSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JBK Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50 | 3.66% | 4.08% | 9.63% | 6.33% | -9.11% | 4.88% | 7.89% | 25.00% | 5.72% | 22.03% |
ICSH iShares Ultra Short Duration Bond Active ETF | 1.45% | 4.96% | 5.52% | 5.58% | 0.97% | 0.16% | 1.61% | 3.17% | 2.25% | 1.63% |
Correlation
The correlation between JBK and ICSH is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2013 | 0.01 |
The correlation between JBK and ICSH shifts across timeframes, from -0.10 (1 year) to 0.02 (5 years), reflecting how their relationship changes across market environments.
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
JBK vs. ICSH — Risk / Return Rank
JBK
ICSH
JBK vs. ICSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50 (JBK) and iShares Ultra Short Duration Bond Active ETF (ICSH). 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.
| JBK | ICSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.62 | ||
| Sortino ratioReturn per unit of downside risk | -27.48 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 6.79 | -5.59 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 44.30 | -42.70 |
| Martin ratioReturn relative to average drawdown | 4.75 | 297.17 | -292.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JBK | ICSH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 11.22 | -10.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 7.64 | -7.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 2.62 | -2.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 1.93 | -1.65 |
Drawdowns
JBK vs. ICSH - Drawdown Comparison
The maximum JBK drawdown since its inception was -59.76%, which is greater than ICSH's maximum drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for JBK and ICSH.
Loading charts...
Drawdown Indicators
| JBK | ICSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.76% | -3.94% | -55.82% |
Max Drawdown (1Y)Largest decline over 1 year | -5.83% | -0.10% | -5.73% |
Max Drawdown (3Y)Largest decline over 3 years | -7.29% | -0.10% | -7.19% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -0.73% | -22.57% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -3.94% | -19.83% |
Current DrawdownCurrent decline from peak | -5.83% | 0.00% | -5.83% |
Average DrawdownAverage peak-to-trough decline | -7.50% | -0.08% | -7.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 0.01% | +1.95% |
Volatility
JBK vs. ICSH - Volatility Comparison
Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50 (JBK) has a higher volatility of 9.13% compared to iShares Ultra Short Duration Bond Active ETF (ICSH) at 0.15%. This indicates that JBK's price experiences larger fluctuations and is considered to be riskier than ICSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JBK | ICSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.13% | 0.15% | +8.98% |
Volatility (6M)Calculated over the trailing 6-month period | 12.68% | 0.30% | +12.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.56% | 0.39% | +15.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.00% | 0.48% | +19.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.60% | 1.06% | +19.54% |
Dividends
JBK vs. ICSH - Dividend Comparison
JBK's dividend yield for the trailing twelve months is around 6.06%, more than ICSH's 4.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICSH iShares Ultra Short Duration Bond Active ETF | 4.34% | 4.55% | 5.24% | 4.78% | 1.66% | 0.42% | 1.21% | 2.61% | 2.20% | 1.36% | 0.88% | 0.54% |
JBK Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50 | 6.06% | 6.10% | 5.97% | 6.16% | 6.15% | 5.28% | 5.25% | 5.38% | 6.34% | 6.31% | 7.19% | 6.36% |
Frequently Asked Questions
JBK and ICSH have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JBK has higher volatility (9.13%) compared to ICSH (0.15%). In terms of maximum drawdown, JBK dropped -59.76% vs ICSH's -3.94%.
ICSH currently has the higher Sharpe Ratio (11.22 vs 0.60), 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 JBK and ICSH
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