JBND vs. BUCK

Last updated Jun 23, 2026

JBND (Jpmorgan Active Bond ETF) and BUCK (Simplify Treasury Option Income ETF) are both exchange-traded funds - JBND is a Intermediate Core Bond fund actively managed by JPMorgan, while BUCK is a Government Bonds fund actively managed by Simplify. Both are actively managed. Over the past year, JBND returned 4.98% vs 6.97% for BUCK. At a 0.19 correlation, their price movements are largely independent. JBND charges 0.30%/yr vs 0.35%/yr for BUCK.

Performance

JBND vs. BUCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jpmorgan Active Bond ETF (JBND) and Simplify Treasury Option Income ETF (BUCK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JBND achieves a 0.35% return, which is significantly lower than BUCK's 2.07% return.

JBND

• 1D: -0.22%
• 1M: 0.51%
• YTD: 0.35%
• 6M: 0.51%
• 1Y: 4.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUCK

• 1D: -0.09%
• 1M: 0.17%
• YTD: 2.07%
• 6M: 2.14%
• 1Y: 6.97%
• 3Y*: 5.23%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JBND vs. BUCK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JBND Jpmorgan Active Bond ETF	0.35%	8.21%	3.19%	7.43%
BUCK Simplify Treasury Option Income ETF	2.07%	4.13%	7.25%	0.64%

Correlation

The correlation between JBND and BUCK is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (All Time) Calculated using the full available price history since Oct 12, 2023	0.19

Return for Risk

JBND vs. BUCK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JBND

JBND Risk / Return Rank: 36
JBND Sharpe Ratio Rank: 38
JBND Sortino Ratio Rank: 40
JBND Omega Ratio Rank: 36
JBND Calmar Ratio Rank: 35
JBND Martin Ratio Rank: 34

BUCK

BUCK Risk / Return Rank: 86
BUCK Sharpe Ratio Rank: 77
BUCK Sortino Ratio Rank: 81
BUCK Omega Ratio Rank: 86
BUCK Calmar Ratio Rank: 90
BUCK Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JBND vs. BUCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Active Bond ETF (JBND) and Simplify Treasury Option Income ETF (BUCK). 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	BUCK	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.35	-1.03
Sortino ratio: Return per unit of downside risk	1.98	3.46	-1.47
Omega ratio: Gain probability vs. loss probability	1.23	1.50	-0.27
Calmar ratio: Return relative to maximum drawdown	1.70	5.35	-3.65
Martin ratio: Return relative to average drawdown	4.89	28.90	-24.01

JBND vs. BUCK - Sharpe Ratio Comparison

The current JBND Sharpe Ratio is 1.33, which is lower than the BUCK Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of JBND and BUCK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JBND vs. BUCK - Drawdown Comparison

The maximum JBND drawdown since its inception was -4.48%, smaller than the maximum BUCK drawdown of -5.43%. Use the drawdown chart below to compare losses from any high point for JBND and BUCK.

Drawdown Indicators

	JBND	BUCK	Difference
Max Drawdown Largest peak-to-trough decline	-4.48%	-5.43%	+0.95%
Max Drawdown (1Y) Largest decline over 1 year	-2.94%	-1.31%	-1.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.43%	—
Current Drawdown Current decline from peak	-1.62%	-0.09%	-1.53%
Average Drawdown Average peak-to-trough decline	-1.16%	-0.49%	-0.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	0.24%	+0.78%

Volatility

JBND vs. BUCK - Volatility Comparison

Jpmorgan Active Bond ETF (JBND) has a higher volatility of 1.09% compared to Simplify Treasury Option Income ETF (BUCK) at 0.28%. This indicates that JBND's price experiences larger fluctuations and is considered to be riskier than BUCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JBND	BUCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.09%	0.28%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	2.78%	1.38%	+1.40%
Volatility (1Y) Calculated over the trailing 1-year period	3.78%	2.98%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.83%	3.46%	+1.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.83%	3.46%	+1.37%

JBND vs. BUCK - Expense Ratio Comparison

JBND has a 0.30% expense ratio, which is lower than BUCK's 0.35% expense ratio.

Dividends

JBND vs. BUCK - Dividend Comparison

JBND's dividend yield for the trailing twelve months is around 4.40%, less than BUCK's 7.40% yield.

Position	TTM	2025	2024	2023	2022
BUCK Simplify Treasury Option Income ETF	7.40%	7.59%	8.84%	4.84%	0.59%
JBND Jpmorgan Active Bond ETF	4.40%	4.42%	4.58%	1.00%	0.00%

Frequently Asked Questions

Can I hold both JBND and BUCK in my portfolio?

JBND and BUCK have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JBND or BUCK?

JBND has higher volatility (1.09%) compared to BUCK (0.28%). In terms of maximum drawdown, JBND dropped -4.48% vs BUCK's -5.43%.

Which ETF is better, JBND or BUCK?

On 1-year performance, BUCK leads with 6.97% vs 4.98% for JBND. On fees, JBND is cheaper at 0.30% per year. On volatility, BUCK has been the lower-risk option at 0.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JBND or BUCK?

Over the 1-year period, BUCK has performed better with a 6.97% return vs 4.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JBND or BUCK?

JBND is cheaper with a 0.30% expense ratio, compared with 0.35% for BUCK.

Which ETF pays a higher dividend yield, JBND or BUCK?

BUCK has the higher dividend yield at 7.40%, compared with 4.40% for JBND.

What is the main difference between JBND and BUCK?

JBND is categorized as Intermediate Core Bond, while BUCK is Government Bonds. They also come from different issuers: JPMorgan and Simplify. Their fees differ too: 0.30% for JBND and 0.35% for BUCK.

Which has better risk-adjusted returns?

BUCK currently has the higher Sharpe Ratio (2.35 vs 1.33), 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.