PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
JBND vs. HIGH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

JBND vs. HIGH - Performance Comparison

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

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.89%
0.12%
JBND
HIGH

Returns By Period

The year-to-date returns for both stocks are quite close, with JBND having a 3.29% return and HIGH slightly lower at 3.23%.


JBND

YTD

3.29%

1M

-0.53%

6M

3.89%

1Y

8.12%

5Y (annualized)

N/A

10Y (annualized)

N/A

HIGH

YTD

3.23%

1M

1.15%

6M

0.12%

1Y

4.15%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


JBNDHIGH
Sharpe Ratio1.551.23
Sortino Ratio2.281.64
Omega Ratio1.281.31
Calmar Ratio2.221.22
Martin Ratio5.083.48
Ulcer Index1.60%1.19%
Daily Std Dev5.24%3.36%
Max Drawdown-3.65%-3.39%
Current Drawdown-3.45%-0.63%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


JBND vs. HIGH - Expense Ratio Comparison

JBND has a 0.30% expense ratio, which is lower than HIGH's 0.51% expense ratio.


HIGH
Simplify Enhanced Income ETF
Expense ratio chart for HIGH: current value at 0.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.51%
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

-0.50.00.51.00.1

The correlation between JBND and HIGH is 0.12, 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.

Risk-Adjusted Performance

JBND vs. HIGH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Active Bond ETF (JBND) and Simplify Enhanced Income ETF (HIGH). 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 market0.002.004.006.001.551.23
The chart of Sortino ratio for JBND, currently valued at 2.28, compared to the broader market-2.000.002.004.006.008.0010.0012.002.281.64
The chart of Omega ratio for JBND, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.001.281.31
The chart of Calmar ratio for JBND, currently valued at 2.22, compared to the broader market0.005.0010.0015.002.221.22
The chart of Martin ratio for JBND, currently valued at 5.08, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.083.48
JBND
HIGH

The current JBND Sharpe Ratio is 1.55, which is comparable to the HIGH Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of JBND and HIGH, 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 Ratio1.001.502.002.50Oct 20Oct 27Nov 03Nov 10Nov 17
1.55
1.23
JBND
HIGH

Dividends

JBND vs. HIGH - Dividend Comparison

JBND's dividend yield for the trailing twelve months is around 4.58%, less than HIGH's 8.78% yield.


TTM20232022
JBND
Jpmorgan Active Bond ETF
4.58%1.00%0.00%
HIGH
Simplify Enhanced Income ETF
8.78%9.39%0.62%

Drawdowns

JBND vs. HIGH - Drawdown Comparison

The maximum JBND drawdown since its inception was -3.65%, which is greater than HIGH's maximum drawdown of -3.39%. Use the drawdown chart below to compare losses from any high point for JBND and HIGH. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.45%
-0.63%
JBND
HIGH

Volatility

JBND vs. HIGH - Volatility Comparison

Jpmorgan Active Bond ETF (JBND) has a higher volatility of 1.37% compared to Simplify Enhanced Income ETF (HIGH) at 1.09%. This indicates that JBND's price experiences larger fluctuations and is considered to be riskier than HIGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%JuneJulyAugustSeptemberOctoberNovember
1.37%
1.09%
JBND
HIGH