JCPB vs. JPST
Compare and contrast key facts about JPMorgan Core Plus Bond ETF (JCPB) and JPMorgan Ultra-Short Income ETF (JPST).
JCPB and JPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JCPB is an actively managed fund by JPMorgan Chase. It was launched on Jan 28, 2019. JPST is an actively managed fund by JPMorgan Chase. It was launched on May 17, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JCPB or JPST.
Key characteristics
| JCPB | JPST | |
|---|---|---|
| YTD Return | 3.63% | 4.91% |
| 1Y Return | 10.36% | 6.17% |
| 3Y Return (Ann) | -1.04% | 3.71% |
| 5Y Return (Ann) | 1.14% | 2.75% |
| Sharpe Ratio | 1.86 | 11.73 |
| Sortino Ratio | 2.80 | 29.69 |
| Omega Ratio | 1.34 | 6.69 |
| Calmar Ratio | 0.80 | 62.59 |
| Martin Ratio | 7.45 | 366.04 |
| Ulcer Index | 1.43% | 0.02% |
| Daily Std Dev | 5.71% | 0.53% |
| Max Drawdown | -16.67% | -3.28% |
| Current Drawdown | -3.98% | 0.00% |
Correlation
The correlation between JCPB and JPST is 0.39, 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
JCPB vs. JPST - Performance Comparison
In the year-to-date period, JCPB achieves a 3.63% return, which is significantly lower than JPST's 4.91% 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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JCPB vs. JPST - Expense Ratio Comparison
JCPB has a 0.40% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
JCPB vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond ETF (JCPB) and JPMorgan Ultra-Short Income ETF (JPST). 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
JCPB vs. JPST - Dividend Comparison
JCPB's dividend yield for the trailing twelve months is around 5.02%, less than JPST's 5.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
JCPB JPMorgan Core Plus Bond ETF | 5.02% | 4.32% | 3.00% | 2.19% | 2.97% | 3.23% | 0.00% | 0.00% |
JPST JPMorgan Ultra-Short Income ETF | 5.26% | 4.80% | 1.83% | 0.73% | 1.43% | 2.68% | 2.07% | 0.96% |
Drawdowns
JCPB vs. JPST - Drawdown Comparison
The maximum JCPB drawdown since its inception was -16.67%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for JCPB and JPST. For additional features, visit the drawdowns tool.
Volatility
JCPB vs. JPST - Volatility Comparison
JPMorgan Core Plus Bond ETF (JCPB) has a higher volatility of 1.56% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.15%. This indicates that JCPB's price experiences larger fluctuations and is considered to be riskier than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.