JBND vs. AGG
JBND (Jpmorgan Active Bond ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - JBND is a Intermediate Core Bond fund actively managed by JPMorgan, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. JBND is actively managed, while AGG is passively managed. Over the past year, JBND returned 4.98% vs 4.45% for AGG. With a 0.96 correlation, they move nearly in lockstep. JBND charges 0.30%/yr vs 0.03%/yr for AGG.
Performance
JBND vs. AGG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JBND achieves a 0.35% return, which is significantly lower than AGG's 0.39% return.
JBND
- 1D
- -0.22%
- 1M
- 0.51%
- YTD
- 0.35%
- 6M
- 0.51%
- 1Y
- 4.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGG
- 1D
- -0.27%
- 1M
- 0.53%
- YTD
- 0.39%
- 6M
- 0.47%
- 1Y
- 4.45%
- 3Y*
- 3.94%
- 5Y*
- 0.06%
- 10Y*
- 1.53%
JBND vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JBND Jpmorgan Active Bond ETF | 0.35% | 8.21% | 3.19% | 7.43% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.39% | 7.19% | 1.31% | 6.45% |
Correlation
The correlation between JBND and AGG is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2023 | 0.96 |
The correlation between JBND and AGG has been stable across timeframes, ranging from 0.96 to 0.96 - 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
JBND vs. AGG — Risk / Return Rank
JBND
AGG
JBND vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Active Bond ETF (JBND) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.
| JBND | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.62 | +0.08 |
| Martin ratioReturn relative to average drawdown | 4.89 | 4.69 | +0.20 |
Loading charts...
Drawdowns
JBND vs. AGG - Drawdown Comparison
The maximum JBND drawdown since its inception was -4.48%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for JBND and AGG.
Loading charts...
Drawdown Indicators
| JBND | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.48% | -18.43% | +13.95% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -2.76% | -0.18% |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.11% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.43% | — |
Current DrawdownCurrent decline from peak | -1.62% | -2.01% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -1.16% | -2.71% | +1.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 0.95% | +0.07% |
Volatility
JBND vs. AGG - Volatility Comparison
Jpmorgan Active Bond ETF (JBND) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.09% and 1.11%, 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.
Loading charts...
Volatility by Period
| JBND | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 1.11% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.78% | 2.84% | -0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.78% | 3.82% | -0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.83% | 6.10% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.83% | 5.41% | -0.58% |
JBND vs. AGG - Expense Ratio Comparison
JBND has a 0.30% expense ratio, which is higher than AGG's 0.03% expense ratio.
Dividends
JBND vs. AGG - Dividend Comparison
JBND's dividend yield for the trailing twelve months is around 4.40%, more than AGG's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.98% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
JBND Jpmorgan Active Bond ETF | 4.40% | 4.42% | 4.58% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, JBND and AGG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AGG has higher volatility (1.11%) compared to JBND (1.09%). In terms of maximum drawdown, JBND dropped -4.48% vs AGG's -18.43%.
On 1-year performance, JBND leads with 4.98% vs 4.45% for AGG. On fees, AGG is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JBND has performed better with a 4.98% return vs 4.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGG is cheaper with a 0.03% expense ratio, compared with 0.30% for JBND.
JBND has the higher dividend yield at 4.40%, compared with 3.98% for AGG.
JBND is categorized as Intermediate Core Bond, while AGG is Total Bond Market. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.30% for JBND and 0.03% for AGG.
JBND currently has the higher Sharpe Ratio (1.33 vs 1.17), 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 JBND and AGG
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