JIG vs. JCPB

Last updated Jun 26, 2026

JIG (JPMorgan International Growth ETF) and JCPB (JPMorgan Core Plus Bond ETF) are both exchange-traded funds - JIG is a Foreign Large Cap Equities fund actively managed by JPMorgan, while JCPB is a Intermediate Core-Plus Bond fund actively managed by JPMorgan. Both are actively managed. Over the past 5 years, JIG returned 3.39%/yr vs 1.22%/yr for JCPB. At a 0.25 correlation, their price movements are largely independent. JIG charges 0.55%/yr vs 0.38%/yr for JCPB.

Performance

JIG vs. JCPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Growth ETF (JIG) and JPMorgan Core Plus Bond ETF (JCPB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIG achieves a 17.36% return, which is significantly higher than JCPB's 1.38% return.

JIG

• 1D: 0.68%
• 1M: 2.33%
• YTD: 17.36%
• 6M: 16.93%
• 1Y: 25.52%
• 3Y*: 16.20%
• 5Y*: 3.39%
• 10Y*: —

JCPB

• 1D: 0.06%
• 1M: 0.96%
• YTD: 1.38%
• 6M: 1.27%
• 1Y: 5.40%
• 3Y*: 5.26%
• 5Y*: 1.22%
• 10Y*: —

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

JIG vs. JCPB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
JIG JPMorgan International Growth ETF	17.36%	20.10%	8.84%	13.00%	-30.57%	6.40%	40.04%
JCPB JPMorgan Core Plus Bond ETF	1.38%	7.98%	2.96%	7.13%	-12.90%	-0.51%	4.24%

Correlation

The correlation between JIG and JCPB is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.25

The correlation between JIG and JCPB shifts across timeframes, from 0.25 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JIG vs. JCPB — Risk / Return Rank

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

JIG

JIG Risk / Return Rank: 43
JIG Sharpe Ratio Rank: 40
JIG Sortino Ratio Rank: 38
JIG Omega Ratio Rank: 41
JIG Calmar Ratio Rank: 45
JIG Martin Ratio Rank: 49

JCPB

JCPB Risk / Return Rank: 46
JCPB Sharpe Ratio Rank: 47
JCPB Sortino Ratio Rank: 50
JCPB Omega Ratio Rank: 45
JCPB Calmar Ratio Rank: 46
JCPB Martin Ratio Rank: 40

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.

JIG vs. JCPB - Risk-Adjusted Trends Comparison

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

	JIG	JCPB	Difference
Sharpe ratio: Return per unit of total volatility	1.27	1.45	-0.18
Sortino ratio: Return per unit of downside risk	1.81	2.16	-0.35
Omega ratio: Gain probability vs. loss probability	1.24	1.26	-0.02
Calmar ratio: Return relative to maximum drawdown	1.98	2.00	-0.02
Martin ratio: Return relative to average drawdown	7.35	5.73	+1.61

JIG vs. JCPB - Sharpe Ratio Comparison

The current JIG Sharpe Ratio is 1.27, which is comparable to the JCPB Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of JIG and JCPB, 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

JIG vs. JCPB - Drawdown Comparison

The maximum JIG drawdown since its inception was -43.75%, which is greater than JCPB's maximum drawdown of -16.67%. Use the drawdown chart below to compare losses from any high point for JIG and JCPB.

Drawdown Indicators

	JIG	JCPB	Difference
Max Drawdown Largest peak-to-trough decline	-43.75%	-16.67%	-27.08%
Max Drawdown (1Y) Largest decline over 1 year	-12.94%	-2.71%	-10.23%
Max Drawdown (3Y) Largest decline over 3 years	-16.04%	-5.97%	-10.07%
Max Drawdown (5Y) Largest decline over 5 years	-43.75%	-16.67%	-27.08%
Current Drawdown Current decline from peak	-2.98%	-0.70%	-2.28%
Average Drawdown Average peak-to-trough decline	-16.64%	-4.24%	-12.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	0.94%	+2.54%

Volatility

JIG vs. JCPB - Volatility Comparison

JPMorgan International Growth ETF (JIG) has a higher volatility of 9.22% compared to JPMorgan Core Plus Bond ETF (JCPB) at 1.10%. This indicates that JIG's price experiences larger fluctuations and is considered to be riskier than JCPB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIG	JCPB	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.22%	1.10%	+8.12%
Volatility (6M) Calculated over the trailing 6-month period	18.15%	2.85%	+15.30%
Volatility (1Y) Calculated over the trailing 1-year period	20.12%	3.73%	+16.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.33%	5.40%	+13.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.27%	5.04%	+14.23%

JIG vs. JCPB - Expense Ratio Comparison

JIG has a 0.55% expense ratio, which is higher than JCPB's 0.38% expense ratio.

Dividends

JIG vs. JCPB - Dividend Comparison

JIG's dividend yield for the trailing twelve months is around 1.92%, less than JCPB's 4.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
JCPB JPMorgan Core Plus Bond ETF	4.89%	4.90%	5.16%	4.32%	3.01%	2.19%	2.97%	3.01%
JIG JPMorgan International Growth ETF	1.92%	2.25%	1.70%	1.69%	0.91%	1.35%	0.04%	0.00%

Frequently Asked Questions

Can I hold both JIG and JCPB in my portfolio?

JIG and JCPB have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIG or JCPB?

JIG has higher volatility (9.22%) compared to JCPB (1.10%). In terms of maximum drawdown, JIG dropped -43.75% vs JCPB's -16.67%.

Which ETF is better, JIG or JCPB?

On 5-year performance, JIG leads with 3.39% vs 1.22% for JCPB. On fees, JCPB is cheaper at 0.38% per year. On volatility, JCPB has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIG or JCPB?

Over the 5-year period, JIG has performed better with a 3.39% return vs 1.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIG or JCPB?

JCPB is cheaper with a 0.38% expense ratio, compared with 0.55% for JIG.

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

JCPB has the higher dividend yield at 4.89%, compared with 1.92% for JIG.

What is the main difference between JIG and JCPB?

JIG is categorized as Foreign Large Cap Equities, while JCPB is Intermediate Core-Plus Bond. Their fees differ too: 0.55% for JIG and 0.38% for JCPB.

Which has better risk-adjusted returns?

JCPB currently has the higher Sharpe Ratio (1.45 vs 1.27), 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.