JCPB vs. VTP

Last updated Jun 4, 2026

JCPB (JPMorgan Core Plus Bond ETF) and VTP (Vanguard Total Inflation-Protected Securities ETF) are both exchange-traded funds - JCPB is a Intermediate Core-Plus Bond fund actively managed by JPMorgan, while VTP is a Inflation-Protected Bonds fund tracking the ICE U.S. Treasury Inflation Linked Bond Index 0-5. JCPB is actively managed, while VTP is passively managed. Their correlation of 0.85 suggests significant overlap in exposure. JCPB charges 0.38%/yr vs 0.05%/yr for VTP.

Performance

JCPB vs. VTP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Core Plus Bond ETF (JCPB) and Vanguard Total Inflation-Protected Securities ETF (VTP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JCPB achieves a 0.58% return, which is significantly lower than VTP's 1.55% return.

JCPB

• 1D: -0.17%
• 1M: 0.36%
• YTD: 0.58%
• 6M: 0.54%
• 1Y: 6.11%
• 3Y*: 5.02%
• 5Y*: 1.11%
• 10Y*: —

VTP

• 1D: -0.16%
• 1M: -0.08%
• YTD: 1.55%
• 6M: 1.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JCPB vs. VTP - Yearly Performance Comparison

	2026 (YTD)	2025
JCPB JPMorgan Core Plus Bond ETF	0.58%	3.92%
VTP Vanguard Total Inflation-Protected Securities ETF	1.55%	2.27%

Correlation

The correlation between JCPB and VTP is 0.85, 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	0.85

Return for Risk

JCPB vs. VTP — Risk / Return Rank

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

JCPB

JCPB Risk / Return Rank: 45
JCPB Sharpe Ratio Rank: 46
JCPB Sortino Ratio Rank: 49
JCPB Omega Ratio Rank: 45
JCPB Calmar Ratio Rank: 45
JCPB Martin Ratio Rank: 42

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.

JCPB vs. VTP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Plus Bond ETF (JCPB) and Vanguard Total Inflation-Protected Securities ETF (VTP). 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	VTP	Difference
Sharpe ratio: Return per unit of total volatility	1.63	—	—
Sortino ratio: Return per unit of downside risk	2.42	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.26	—	—
Martin ratio: Return relative to average drawdown	6.88	—	—
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

	JCPB	VTP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	1.31	-0.76

Drawdowns

JCPB vs. VTP - Drawdown Comparison

The maximum JCPB drawdown since its inception was -16.67%, which is greater than VTP's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for JCPB and VTP.

Drawdown Indicators

	JCPB	VTP	Difference
Max Drawdown Largest peak-to-trough decline	-16.67%	-1.92%	-14.75%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.67%	—	—
Current Drawdown Current decline from peak	-1.48%	-0.30%	-1.18%
Average Drawdown Average peak-to-trough decline	-4.26%	-0.52%	-3.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.89%	—	—

Volatility

Volatility by Period

	JCPB	VTP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.77%	3.26%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.38%	3.26%	+2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.05%	3.26%	+1.79%

JCPB vs. VTP - Expense Ratio Comparison

JCPB has a 0.38% expense ratio, which is higher than VTP's 0.05% expense ratio.

Dividends

JCPB vs. VTP - Dividend Comparison

JCPB's dividend yield for the trailing twelve months is around 4.93%, more than VTP's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
JCPB JPMorgan Core Plus Bond ETF	4.93%	4.90%	5.16%	4.32%	3.01%	2.19%	2.97%	3.01%
VTP Vanguard Total Inflation-Protected Securities ETF	1.61%	1.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JCPB and VTP in my portfolio?

JCPB and VTP have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JCPB or VTP?

On fees, VTP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JCPB or VTP?

VTP is cheaper with a 0.05% expense ratio, compared with 0.38% for JCPB.

Which ETF pays a higher dividend yield, JCPB or VTP?

JCPB has the higher dividend yield at 4.93%, compared with 1.61% for VTP.

What is the main difference between JCPB and VTP?

JCPB is categorized as Intermediate Core-Plus Bond, while VTP is Inflation-Protected Bonds. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.38% for JCPB and 0.05% for VTP.