JIRE vs. RBIL

Last updated Jun 23, 2026

JIRE (JPMorgan International Research Enhanced Equity ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - JIRE is a Foreign Large Cap Equities fund actively managed by JPMorgan, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. JIRE is actively managed, while RBIL is passively managed. Over the past year, JIRE returned 24.80% vs 3.95% for RBIL. At a correlation of -0.20, they often move in opposite directions. JIRE charges 0.24%/yr vs 0.17%/yr for RBIL.

Performance

JIRE vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Research Enhanced Equity ETF (JIRE) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIRE achieves a 10.55% return, which is significantly higher than RBIL's 2.31% return.

JIRE

• 1D: 0.10%
• 1M: 2.55%
• YTD: 10.55%
• 6M: 10.91%
• 1Y: 24.80%
• 3Y*: 17.27%
• 5Y*: —
• 10Y*: —

RBIL

• 1D: -0.05%
• 1M: -0.20%
• YTD: 2.31%
• 6M: 2.35%
• 1Y: 3.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JIRE vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
JIRE JPMorgan International Research Enhanced Equity ETF	10.55%	21.28%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.31%	2.85%

Correlation

The correlation between JIRE and RBIL is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.24
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	-0.20

Return for Risk

JIRE vs. RBIL — Risk / Return Rank

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

JIRE

JIRE Risk / Return Rank: 45
JIRE Sharpe Ratio Rank: 46
JIRE Sortino Ratio Rank: 46
JIRE Omega Ratio Rank: 45
JIRE Calmar Ratio Rank: 44
JIRE Martin Ratio Rank: 47

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 97
RBIL Sortino Ratio Rank: 97
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 95
RBIL Martin Ratio Rank: 97

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.

JIRE vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Research Enhanced Equity ETF (JIRE) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.

	JIRE	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	1.56	4.18	-2.62
Sortino ratio: Return per unit of downside risk	2.23	6.39	-4.16
Omega ratio: Gain probability vs. loss probability	1.28	2.06	-0.78
Calmar ratio: Return relative to maximum drawdown	2.12	7.59	-5.47
Martin ratio: Return relative to average drawdown	7.64	44.07	-36.44

JIRE vs. RBIL - Sharpe Ratio Comparison

The current JIRE Sharpe Ratio is 1.56, which is lower than the RBIL Sharpe Ratio of 4.18. The chart below compares the historical Sharpe Ratios of JIRE and RBIL, 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

JIRE vs. RBIL - Drawdown Comparison

The maximum JIRE drawdown since its inception was -16.11%, which is greater than RBIL's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for JIRE and RBIL.

Drawdown Indicators

	JIRE	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-16.11%	-0.52%	-15.59%
Max Drawdown (1Y) Largest decline over 1 year	-11.77%	-0.52%	-11.25%
Max Drawdown (3Y) Largest decline over 3 years	-13.61%	—	—
Current Drawdown Current decline from peak	0.00%	-0.51%	+0.51%
Average Drawdown Average peak-to-trough decline	-3.02%	-0.07%	-2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	0.09%	+3.17%

Volatility

JIRE vs. RBIL - Volatility Comparison

JPMorgan International Research Enhanced Equity ETF (JIRE) has a higher volatility of 4.80% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.36%. This indicates that JIRE's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIRE	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	0.36%	+4.44%
Volatility (6M) Calculated over the trailing 6-month period	13.41%	0.85%	+12.56%
Volatility (1Y) Calculated over the trailing 1-year period	16.00%	0.95%	+15.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.33%	1.07%	+15.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.33%	1.07%	+15.26%

JIRE vs. RBIL - Expense Ratio Comparison

JIRE has a 0.24% expense ratio, which is higher than RBIL's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JIRE vs. RBIL - Dividend Comparison

JIRE's dividend yield for the trailing twelve months is around 2.71%, less than RBIL's 4.38% yield.

Position	TTM	2025	2024	2023	2022
JIRE JPMorgan International Research Enhanced Equity ETF	2.71%	2.99%	3.03%	2.74%	2.62%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.38%	3.65%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JIRE and RBIL in my portfolio?

JIRE and RBIL have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIRE or RBIL?

JIRE has higher volatility (4.80%) compared to RBIL (0.36%). In terms of maximum drawdown, JIRE dropped -16.11% vs RBIL's -0.52%.

Which ETF is better, JIRE or RBIL?

On 1-year performance, JIRE leads with 24.80% vs 3.95% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIRE or RBIL?

Over the 1-year period, JIRE has performed better with a 24.80% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIRE or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.24% for JIRE.

Which ETF pays a higher dividend yield, JIRE or RBIL?

RBIL has the higher dividend yield at 4.38%, compared with 2.71% for JIRE.

What is the main difference between JIRE and RBIL?

JIRE is categorized as Foreign Large Cap Equities, while RBIL is Inflation-Protected Bonds. They also come from different issuers: JPMorgan and F/m. Their fees differ too: 0.24% for JIRE and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (4.18 vs 1.56), 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.