JEQIX vs. JIBDX

Last updated Jun 23, 2026

JEQIX (Johnson Equity Income Fund) and JIBDX (Johnson Institutional Short Duration Bond Fund) are both mutual funds - JEQIX is a Large Cap Blend Equities fund managed by Johnson Mutual Funds, while JIBDX is a Short-Term Bond fund managed by Johnson Mutual Funds. Over the past 10 years, JEQIX returned 11.62%/yr vs 2.10%/yr for JIBDX. At a correlation of -0.10, they often move in opposite directions. JEQIX charges 1.00%/yr vs 0.25%/yr for JIBDX.

Performance

JEQIX vs. JIBDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Johnson Equity Income Fund (JEQIX) and Johnson Institutional Short Duration Bond Fund (JIBDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEQIX achieves a 1.46% return, which is significantly higher than JIBDX's 0.32% return. Over the past 10 years, JEQIX has outperformed JIBDX with an annualized return of 11.62%, while JIBDX has yielded a comparatively lower 2.10% annualized return.

JEQIX

• 1D: 0.41%
• 1M: -0.89%
• YTD: 1.46%
• 6M: 0.84%
• 1Y: 11.83%
• 3Y*: 8.01%
• 5Y*: 6.51%
• 10Y*: 11.62%

JIBDX

• 1D: 0.07%
• 1M: 0.27%
• YTD: 0.32%
• 6M: 0.48%
• 1Y: 3.30%
• 3Y*: 4.53%
• 5Y*: 1.97%
• 10Y*: 2.10%

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

JEQIX vs. JIBDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JEQIX Johnson Equity Income Fund	1.46%	11.76%	4.39%	13.42%	-9.65%	25.94%	12.25%	34.04%	-2.69%	25.04%
JIBDX Johnson Institutional Short Duration Bond Fund	0.32%	5.91%	3.98%	4.77%	-4.29%	-0.91%	3.91%	4.65%	1.14%	1.54%

Correlation

The correlation between JEQIX and JIBDX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Dec 30, 2005	-0.10

The correlation between JEQIX and JIBDX shifts across timeframes, from -0.10 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JEQIX vs. JIBDX — Risk / Return Rank

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

JEQIX

JEQIX Risk / Return Rank: 19
JEQIX Sharpe Ratio Rank: 20
JEQIX Sortino Ratio Rank: 20
JEQIX Omega Ratio Rank: 18
JEQIX Calmar Ratio Rank: 17
JEQIX Martin Ratio Rank: 22

JIBDX

JIBDX Risk / Return Rank: 72
JIBDX Sharpe Ratio Rank: 81
JIBDX Sortino Ratio Rank: 85
JIBDX Omega Ratio Rank: 85
JIBDX Calmar Ratio Rank: 60
JIBDX Martin Ratio Rank: 48

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.

JEQIX vs. JIBDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Johnson Equity Income Fund (JEQIX) and Johnson Institutional Short Duration Bond Fund (JIBDX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JEQIX	JIBDX	Difference
Sharpe ratio: Return per unit of total volatility	1.20	2.46	-1.26
Sortino ratio: Return per unit of downside risk	1.75	3.73	-1.98
Omega ratio: Gain probability vs. loss probability	1.21	1.54	-0.33
Calmar ratio: Return relative to maximum drawdown	1.39	2.84	-1.45
Martin ratio: Return relative to average drawdown	5.13	9.50	-4.36

JEQIX vs. JIBDX - Sharpe Ratio Comparison

The current JEQIX Sharpe Ratio is 1.20, which is lower than the JIBDX Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of JEQIX and JIBDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JEQIX vs. JIBDX - Drawdown Comparison

The maximum JEQIX drawdown since its inception was -51.66%, which is greater than JIBDX's maximum drawdown of -8.51%. Use the drawdown chart below to compare losses from any high point for JEQIX and JIBDX.

Drawdown Indicators

	JEQIX	JIBDX	Difference
Max Drawdown Largest peak-to-trough decline	-51.66%	-8.51%	-43.15%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-1.19%	-7.30%
Max Drawdown (3Y) Largest decline over 3 years	-19.09%	-1.19%	-17.90%
Max Drawdown (5Y) Largest decline over 5 years	-19.09%	-6.87%	-12.22%
Max Drawdown (10Y) Largest decline over 10 years	-35.64%	-6.95%	-28.69%
Current Drawdown Current decline from peak	-2.73%	-0.53%	-2.20%
Average Drawdown Average peak-to-trough decline	-7.75%	-2.48%	-5.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	0.36%	+1.94%

Volatility

JEQIX vs. JIBDX - Volatility Comparison

Johnson Equity Income Fund (JEQIX) has a higher volatility of 3.03% compared to Johnson Institutional Short Duration Bond Fund (JIBDX) at 0.53%. This indicates that JEQIX's price experiences larger fluctuations and is considered to be riskier than JIBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JEQIX	JIBDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	0.53%	+2.50%
Volatility (6M) Calculated over the trailing 6-month period	7.70%	1.06%	+6.64%
Volatility (1Y) Calculated over the trailing 1-year period	9.89%	1.38%	+8.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.52%	2.13%	+12.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	1.79%	+14.86%

JEQIX vs. JIBDX - Expense Ratio Comparison

JEQIX has a 1.00% expense ratio, which is higher than JIBDX's 0.25% expense ratio.

Dividends

JEQIX vs. JIBDX - Dividend Comparison

JEQIX's dividend yield for the trailing twelve months is around 4.12%, more than JIBDX's 3.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JEQIX Johnson Equity Income Fund	4.12%	4.18%	0.00%	2.66%	6.43%	8.36%	2.03%	5.74%	8.67%	7.82%	3.11%	7.64%
JIBDX Johnson Institutional Short Duration Bond Fund	3.68%	3.92%	2.88%	2.08%	1.26%	0.99%	1.73%	2.39%	2.21%	1.67%	1.97%	0.92%

Frequently Asked Questions

Can I hold both JEQIX and JIBDX in my portfolio?

JEQIX and JIBDX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JEQIX or JIBDX?

JEQIX has higher volatility (3.03%) compared to JIBDX (0.53%). In terms of maximum drawdown, JEQIX dropped -51.66% vs JIBDX's -8.51%.

Which has better risk-adjusted returns?

JIBDX currently has the higher Sharpe Ratio (2.46 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.