JGRO vs. JPLD

Last updated Jun 4, 2026

JGRO (JPMorgan Active Growth ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - JGRO is a Large Cap Growth Equities fund actively managed by JPMorgan, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. Both are actively managed. Over the past year, JGRO returned 20.80% vs 4.71% for JPLD. At a 0.09 correlation, their price movements are largely independent. JGRO charges 0.44%/yr vs 0.24%/yr for JPLD.

Performance

JGRO vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active Growth ETF (JGRO) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JGRO achieves a 6.26% return, which is significantly higher than JPLD's 1.04% return.

JGRO

• 1D: -0.89%
• 1M: 4.92%
• YTD: 6.26%
• 6M: 4.91%
• 1Y: 20.80%
• 3Y*: 22.91%
• 5Y*: —
• 10Y*: —

JPLD

• 1D: -0.06%
• 1M: 0.19%
• YTD: 1.04%
• 6M: 1.37%
• 1Y: 4.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JGRO vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JGRO JPMorgan Active Growth ETF	6.26%	14.71%	32.77%	6.17%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.04%	6.01%	6.49%	3.23%

Correlation

The correlation between JGRO and JPLD is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.09

JGRO vs. JPLD - Sectors Allocation Comparison

Sectors	JGRO	JPLD
Technology	42.0%	7.4%
Communication Services	13.9%	10.1%
Consumer Cyclical	11.7%	1.6%
Healthcare	11.0%	5.6%
Industrials	9.2%	0.1%
Financial Services	5.6%	13.7%
Consumer Defensive	4.1%	0.1%
Energy	1.9%	0.1%
Basic Materials	0.3%	1.4%
Real Estate	0.3%	7.8%
Utilities	0.1%	0.4%

Return for Risk

JGRO vs. JPLD — Risk / Return Rank

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

JGRO

JGRO Risk / Return Rank: 32
JGRO Sharpe Ratio Rank: 37
JGRO Sortino Ratio Rank: 35
JGRO Omega Ratio Rank: 36
JGRO Calmar Ratio Rank: 26
JGRO Martin Ratio Rank: 27

JPLD

JPLD Risk / Return Rank: 91
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 95
JPLD Omega Ratio Rank: 94
JPLD Calmar Ratio Rank: 85
JPLD Martin Ratio Rank: 90

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.

JGRO vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active Growth ETF (JGRO) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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.

	JGRO	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	1.36	3.22	-1.86
Sortino ratio: Return per unit of downside risk	1.89	5.29	-3.40
Omega ratio: Gain probability vs. loss probability	1.24	1.68	-0.43
Calmar ratio: Return relative to maximum drawdown	1.27	4.71	-3.44
Martin ratio: Return relative to average drawdown	3.83	21.78	-17.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JGRO vs. JPLD - Sharpe Ratio Comparison

The current JGRO Sharpe Ratio is 1.36, which is lower than the JPLD Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of JGRO and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JGRO	JPLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	3.22	-1.86
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	3.25	-2.24

Drawdowns

JGRO vs. JPLD - Drawdown Comparison

The maximum JGRO drawdown since its inception was -22.70%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for JGRO and JPLD.

Drawdown Indicators

	JGRO	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-22.70%	-1.17%	-21.53%
Max Drawdown (1Y) Largest decline over 1 year	-16.44%	-1.00%	-15.44%
Max Drawdown (3Y) Largest decline over 3 years	-22.70%	—	—
Current Drawdown Current decline from peak	-0.89%	-0.12%	-0.77%
Average Drawdown Average peak-to-trough decline	-4.85%	-0.15%	-4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.44%	0.22%	+5.22%

Volatility

JGRO vs. JPLD - Volatility Comparison

JPMorgan Active Growth ETF (JGRO) has a higher volatility of 3.79% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.37%. This indicates that JGRO's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGRO	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	0.37%	+3.42%
Volatility (6M) Calculated over the trailing 6-month period	11.43%	0.97%	+10.46%
Volatility (1Y) Calculated over the trailing 1-year period	15.40%	1.47%	+13.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.89%	1.83%	+18.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.89%	1.83%	+18.06%

JGRO vs. JPLD - Expense Ratio Comparison

JGRO has a 0.44% expense ratio, which is higher than JPLD's 0.24% expense ratio.

Dividends

JGRO vs. JPLD - Dividend Comparison

JGRO's dividend yield for the trailing twelve months is around 0.15%, less than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023	2022
JGRO JPMorgan Active Growth ETF	0.15%	0.16%	0.10%	0.17%	0.16%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%	0.00%

Frequently Asked Questions

Can I hold both JGRO and JPLD in my portfolio?

JGRO and JPLD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JGRO or JPLD?

JGRO has higher volatility (3.79%) compared to JPLD (0.37%). In terms of maximum drawdown, JGRO dropped -22.70% vs JPLD's -1.17%.

Which ETF is better, JGRO or JPLD?

On 1-year performance, JGRO leads with 20.80% vs 4.71% for JPLD. On fees, JPLD is cheaper at 0.24% per year. On volatility, JPLD has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JGRO or JPLD?

Over the 1-year period, JGRO has performed better with a 20.80% return vs 4.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JGRO or JPLD?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.44% for JGRO.

Which ETF pays a higher dividend yield, JGRO or JPLD?

JPLD has the higher dividend yield at 4.21%, compared with 0.15% for JGRO.

What is the main difference between JGRO and JPLD?

JGRO is categorized as Large Cap Growth Equities, while JPLD is Short-Term Bond. Their fees differ too: 0.44% for JGRO and 0.24% for JPLD.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (3.22 vs 1.36), 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.