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JBND vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

JBND vs. FBND - Performance Comparison

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

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.89%
3.54%
JBND
FBND

Returns By Period

In the year-to-date period, JBND achieves a 3.29% return, which is significantly higher than FBND's 2.54% return.


JBND

YTD

3.29%

1M

-0.53%

6M

3.89%

1Y

8.12%

5Y (annualized)

N/A

10Y (annualized)

N/A

FBND

YTD

2.54%

1M

-0.30%

6M

3.54%

1Y

7.40%

5Y (annualized)

0.97%

10Y (annualized)

2.22%

Key characteristics


JBNDFBND
Sharpe Ratio1.551.28
Sortino Ratio2.281.87
Omega Ratio1.281.23
Calmar Ratio2.220.62
Martin Ratio5.084.70
Ulcer Index1.60%1.58%
Daily Std Dev5.24%5.76%
Max Drawdown-3.65%-17.25%
Current Drawdown-3.45%-5.16%

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JBND vs. FBND - Expense Ratio Comparison

JBND has a 0.30% expense ratio, which is lower than FBND's 0.36% expense ratio.


FBND
Fidelity Total Bond ETF
Expense ratio chart for FBND: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for JBND: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

Correlation

-0.50.00.51.01.0

The correlation between JBND and FBND is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

JBND vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Active Bond ETF (JBND) and Fidelity Total Bond ETF (FBND). 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.


Sharpe ratio
The chart of Sharpe ratio for JBND, currently valued at 1.55, compared to the broader market0.002.004.001.551.28
The chart of Sortino ratio for JBND, currently valued at 2.28, compared to the broader market-2.000.002.004.006.008.0010.0012.002.281.87
The chart of Omega ratio for JBND, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.001.281.23
The chart of Calmar ratio for JBND, currently valued at 2.22, compared to the broader market0.005.0010.0015.0020.002.222.09
The chart of Martin ratio for JBND, currently valued at 5.08, compared to the broader market0.0020.0040.0060.0080.00100.005.084.70
JBND
FBND

The current JBND Sharpe Ratio is 1.55, which is comparable to the FBND Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of JBND and FBND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.201.401.601.802.002.202.402.60Oct 20Oct 27Nov 03Nov 10Nov 17
1.55
1.28
JBND
FBND

Dividends

JBND vs. FBND - Dividend Comparison

JBND's dividend yield for the trailing twelve months is around 4.58%, which matches FBND's 4.59% yield.


TTM2023202220212020201920182017201620152014
JBND
Jpmorgan Active Bond ETF
4.58%1.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FBND
Fidelity Total Bond ETF
4.59%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

JBND vs. FBND - Drawdown Comparison

The maximum JBND drawdown since its inception was -3.65%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for JBND and FBND. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.45%
-3.10%
JBND
FBND

Volatility

JBND vs. FBND - Volatility Comparison

Jpmorgan Active Bond ETF (JBND) and Fidelity Total Bond ETF (FBND) have volatilities of 1.37% and 1.38%, 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.


1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
1.37%
1.38%
JBND
FBND