JBND vs. FSKAX
Compare and contrast key facts about Jpmorgan Active Bond ETF (JBND) and Fidelity Total Market Index Fund (FSKAX).
JBND is an actively managed fund by JPMorgan. It was launched on Oct 11, 2023. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JBND or FSKAX.
Key characteristics
| JBND | FSKAX | |
|---|---|---|
| YTD Return | 3.25% | 26.25% |
| 1Y Return | 9.92% | 38.48% |
| Sharpe Ratio | 1.84 | 3.02 |
| Sortino Ratio | 2.74 | 4.03 |
| Omega Ratio | 1.34 | 1.56 |
| Calmar Ratio | 2.72 | 4.46 |
| Martin Ratio | 6.74 | 19.58 |
| Ulcer Index | 1.47% | 1.96% |
| Daily Std Dev | 5.38% | 12.70% |
| Max Drawdown | -3.65% | -35.01% |
| Current Drawdown | -3.48% | -0.38% |
Correlation
The correlation between JBND and FSKAX is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JBND vs. FSKAX - Performance Comparison
In the year-to-date period, JBND achieves a 3.25% return, which is significantly lower than FSKAX's 26.25% 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. FSKAX - Expense Ratio Comparison
JBND has a 0.30% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
JBND vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Active Bond ETF (JBND) and Fidelity Total Market Index Fund (FSKAX). 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. FSKAX - Dividend Comparison
JBND's dividend yield for the trailing twelve months is around 4.58%, more than FSKAX's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
FSKAX Fidelity Total Market Index Fund | 1.14% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% | 1.54% |
Drawdowns
JBND vs. FSKAX - Drawdown Comparison
The maximum JBND drawdown since its inception was -3.65%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for JBND and FSKAX. For additional features, visit the drawdowns tool.
Volatility
JBND vs. FSKAX - Volatility Comparison
The current volatility for Jpmorgan Active Bond ETF (JBND) is 1.61%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.04%. This indicates that JBND experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.