JBND vs. VTG

Last updated Jun 4, 2026

JBND (Jpmorgan Active Bond ETF) and VTG (Vanguard Total Treasury ETF) are both Intermediate Core Bond funds. JBND is actively managed, while VTG is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. JBND charges 0.30%/yr vs 0.03%/yr for VTG.

Performance

JBND vs. VTG - Performance Comparison

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

Returns By Period

In the year-to-date period, JBND achieves a 0.22% return, which is significantly higher than VTG's -0.11% return.

JBND

• 1D: -0.19%
• 1M: 0.27%
• YTD: 0.22%
• 6M: 0.25%
• 1Y: 5.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTG

• 1D: -0.17%
• 1M: 0.11%
• YTD: -0.11%
• 6M: -0.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JBND vs. VTG - Yearly Performance Comparison

	2026 (YTD)	2025
JBND Jpmorgan Active Bond ETF	0.22%	3.92%
VTG Vanguard Total Treasury ETF	-0.11%	2.88%

Correlation

The correlation between JBND and VTG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.94

Return for Risk

JBND vs. VTG — Risk / Return Rank

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

JBND

JBND Risk / Return Rank: 40
JBND Sharpe Ratio Rank: 41
JBND Sortino Ratio Rank: 44
JBND Omega Ratio Rank: 39
JBND Calmar Ratio Rank: 39
JBND Martin Ratio Rank: 37

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. VTG - Risk-Adjusted Trends Comparison

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

	JBND	VTG	Difference
Sharpe ratio: Return per unit of total volatility	1.49	—	—
Sortino ratio: Return per unit of downside risk	2.23	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.94	—	—
Martin ratio: Return relative to average drawdown	5.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JBND	VTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	0.88	+0.65

Drawdowns

JBND vs. VTG - Drawdown Comparison

The maximum JBND drawdown since its inception was -4.48%, which is greater than VTG's maximum drawdown of -2.89%. Use the drawdown chart below to compare losses from any high point for JBND and VTG.

Drawdown Indicators

	JBND	VTG	Difference
Max Drawdown Largest peak-to-trough decline	-4.48%	-2.89%	-1.59%
Max Drawdown (1Y) Largest decline over 1 year	-2.94%	—	—
Current Drawdown Current decline from peak	-1.74%	-1.89%	+0.15%
Average Drawdown Average peak-to-trough decline	-1.15%	-0.73%	-0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	—	—

Volatility

Volatility by Period

	JBND	VTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.82%	3.51%	+0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.84%	3.51%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.84%	3.51%	+1.33%

JBND vs. VTG - Expense Ratio Comparison

JBND has a 0.30% expense ratio, which is higher than VTG's 0.03% expense ratio.

Dividends

JBND vs. VTG - Dividend Comparison

JBND's dividend yield for the trailing twelve months is around 4.41%, more than VTG's 3.21% yield.

Position	TTM	2025	2024	2023
JBND Jpmorgan Active Bond ETF	4.41%	4.42%	4.58%	1.00%
VTG Vanguard Total Treasury ETF	3.21%	1.65%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JBND and VTG in my portfolio?

With a correlation of 0.94, JBND and VTG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, JBND or VTG?

On fees, VTG is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JBND or VTG?

VTG is cheaper with a 0.03% expense ratio, compared with 0.30% for JBND.

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

JBND has the higher dividend yield at 4.41%, compared with 3.21% for VTG.

What is the main difference between JBND and VTG?

They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.30% for JBND and 0.03% for VTG.