JBND vs. AGGH
Compare and contrast key facts about Jpmorgan Active Bond ETF (JBND) and Simplify Aggregate Bond ETF (AGGH).
JBND and AGGH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JBND is an actively managed fund by JPMorgan. It was launched on Oct 11, 2023. AGGH is an actively managed fund by Simplify. It was launched on Feb 14, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JBND or AGGH.
Key characteristics
| JBND | AGGH | |
|---|---|---|
| YTD Return | 3.88% | 1.63% |
| 1Y Return | 10.58% | 7.56% |
| Sharpe Ratio | 1.99 | 0.83 |
| Sortino Ratio | 2.96 | 1.24 |
| Omega Ratio | 1.37 | 1.15 |
| Calmar Ratio | 2.91 | 0.96 |
| Martin Ratio | 7.29 | 3.41 |
| Ulcer Index | 1.45% | 2.24% |
| Daily Std Dev | 5.35% | 9.18% |
| Max Drawdown | -3.65% | -13.26% |
| Current Drawdown | -2.90% | -4.60% |
Correlation
The correlation between JBND and AGGH is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JBND vs. AGGH - Performance Comparison
In the year-to-date period, JBND achieves a 3.88% return, which is significantly higher than AGGH's 1.63% 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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JBND vs. AGGH - Expense Ratio Comparison
JBND has a 0.30% expense ratio, which is lower than AGGH's 0.33% expense ratio.
Risk-Adjusted Performance
JBND vs. AGGH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Active Bond ETF (JBND) and Simplify Aggregate Bond ETF (AGGH). 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
JBND vs. AGGH - Dividend Comparison
JBND's dividend yield for the trailing twelve months is around 4.56%, less than AGGH's 9.72% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
JBND Jpmorgan Active Bond ETF | 4.56% | 1.00% | 0.00% |
AGGH Simplify Aggregate Bond ETF | 9.72% | 9.51% | 2.11% |
Drawdowns
JBND vs. AGGH - Drawdown Comparison
The maximum JBND drawdown since its inception was -3.65%, smaller than the maximum AGGH drawdown of -13.26%. Use the drawdown chart below to compare losses from any high point for JBND and AGGH. For additional features, visit the drawdowns tool.
Volatility
JBND vs. AGGH - Volatility Comparison
The current volatility for Jpmorgan Active Bond ETF (JBND) is 1.51%, while Simplify Aggregate Bond ETF (AGGH) has a volatility of 2.02%. This indicates that JBND experiences smaller price fluctuations and is considered to be less risky than AGGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.