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

Key characteristics


JCPBFBND
YTD Return3.63%2.94%
1Y Return10.36%9.81%
3Y Return (Ann)-1.04%-1.19%
5Y Return (Ann)1.14%1.17%
Sharpe Ratio1.861.67
Sortino Ratio2.802.45
Omega Ratio1.341.30
Calmar Ratio0.800.75
Martin Ratio7.456.84
Ulcer Index1.43%1.45%
Daily Std Dev5.71%5.97%
Max Drawdown-16.67%-17.25%
Current Drawdown-3.98%-4.78%

Correlation

-0.50.00.51.00.8

The correlation between JCPB and FBND is 0.81, 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.

Performance

JCPB vs. FBND - Performance Comparison

In the year-to-date period, JCPB achieves a 3.63% return, which is significantly higher than FBND's 2.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.36%
4.09%
JCPB
FBND

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


JCPB vs. FBND - Expense Ratio Comparison

JCPB has a 0.40% expense ratio, which is higher than FBND's 0.36% expense ratio.


JCPB
JPMorgan Core Plus Bond ETF
Expense ratio chart for JCPB: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
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%

Risk-Adjusted Performance

JCPB vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond ETF (JCPB) 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.


JCPB
Sharpe ratio
The chart of Sharpe ratio for JCPB, currently valued at 1.86, compared to the broader market-2.000.002.004.006.001.86
Sortino ratio
The chart of Sortino ratio for JCPB, currently valued at 2.80, compared to the broader market0.005.0010.002.80
Omega ratio
The chart of Omega ratio for JCPB, currently valued at 1.34, compared to the broader market1.001.502.002.503.001.34
Calmar ratio
The chart of Calmar ratio for JCPB, currently valued at 0.80, compared to the broader market0.005.0010.0015.000.80
Martin ratio
The chart of Martin ratio for JCPB, currently valued at 7.45, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.45
FBND
Sharpe ratio
The chart of Sharpe ratio for FBND, currently valued at 1.67, compared to the broader market-2.000.002.004.006.001.67
Sortino ratio
The chart of Sortino ratio for FBND, currently valued at 2.45, compared to the broader market0.005.0010.002.45
Omega ratio
The chart of Omega ratio for FBND, currently valued at 1.30, compared to the broader market1.001.502.002.503.001.30
Calmar ratio
The chart of Calmar ratio for FBND, currently valued at 0.75, compared to the broader market0.005.0010.0015.000.75
Martin ratio
The chart of Martin ratio for FBND, currently valued at 6.84, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.84

JCPB vs. FBND - Sharpe Ratio Comparison

The current JCPB Sharpe Ratio is 1.86, which is comparable to the FBND Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of JCPB 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 Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.86
1.67
JCPB
FBND

Dividends

JCPB vs. FBND - Dividend Comparison

JCPB's dividend yield for the trailing twelve months is around 5.02%, more than FBND's 4.57% yield.


TTM2023202220212020201920182017201620152014
JCPB
JPMorgan Core Plus Bond ETF
5.02%4.32%3.00%2.19%2.97%3.23%0.00%0.00%0.00%0.00%0.00%
FBND
Fidelity Total Bond ETF
4.57%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

JCPB vs. FBND - Drawdown Comparison

The maximum JCPB drawdown since its inception was -16.67%, roughly equal to the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for JCPB and FBND. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%JuneJulyAugustSeptemberOctoberNovember
-3.98%
-4.78%
JCPB
FBND

Volatility

JCPB vs. FBND - Volatility Comparison

JPMorgan Core Plus Bond ETF (JCPB) and Fidelity Total Bond ETF (FBND) have volatilities of 1.56% and 1.57%, 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.


0.80%1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
1.56%
1.57%
JCPB
FBND