JMTG vs. JPLD

Last updated Jun 3, 2026

JMTG (JPMorgan Mortgage-Backed Securities ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - JMTG is a Mortgage Backed Securities fund actively managed by JPMorgan, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. Both are actively managed. A 0.62 correlation means they provide meaningful diversification when combined. Both charge a 0.24% expense ratio.

Performance

JMTG vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Mortgage-Backed Securities ETF (JMTG) 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, JMTG achieves a 0.51% return, which is significantly lower than JPLD's 1.10% return.

JMTG

• 1D: -0.06%
• 1M: -0.29%
• YTD: 0.51%
• 6M: 0.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPLD

• 1D: 0.00%
• 1M: 0.09%
• YTD: 1.10%
• 6M: 1.49%
• 1Y: 4.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JMTG vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025
JMTG JPMorgan Mortgage-Backed Securities ETF	0.51%	3.90%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.10%	2.70%

Correlation

The correlation between JMTG and JPLD is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.62

JMTG vs. JPLD - Sectors Allocation Comparison

Sectors	JMTG	JPLD
Technology	27.4%	7.4%
Financial Services	9.2%	13.7%
Healthcare	6.1%	5.6%
Real Estate	5.3%	7.8%
Communication Services	3.0%	10.1%
Energy	0.4%	0.1%
Consumer Defensive	0.2%	0.1%
Consumer Cyclical	0.1%	1.6%
Industrials	0.1%	0.1%
Basic Materials	0.0%	1.4%
Utilities	-	0.4%

Return for Risk

JMTG vs. JPLD — Risk / Return Rank

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

JPLD

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

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.

JMTG vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mortgage-Backed Securities ETF (JMTG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	JMTG	JPLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.25	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	3.27	-1.95

Drawdowns

JMTG vs. JPLD - Drawdown Comparison

The maximum JMTG drawdown since its inception was -2.78%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for JMTG and JPLD.

Drawdown Indicators

	JMTG	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-2.78%	-1.17%	-1.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.00%	—
Current Drawdown Current decline from peak	-1.74%	-0.06%	-1.68%
Average Drawdown Average peak-to-trough decline	-0.66%	-0.15%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.22%	—

Volatility

Volatility by Period

	JMTG	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.68%	1.47%	+2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.68%	1.83%	+1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.68%	1.83%	+1.85%

JMTG vs. JPLD - Expense Ratio Comparison

Both JMTG and JPLD have an expense ratio of 0.24%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

JMTG vs. JPLD - Dividend Comparison

JMTG's dividend yield for the trailing twelve months is around 3.91%, less than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023
JMTG JPMorgan Mortgage-Backed Securities ETF	3.91%	2.10%	0.00%	0.00%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%

Frequently Asked Questions

Can I hold both JMTG and JPLD in my portfolio?

JMTG and JPLD have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JMTG or JPLD?

Both ETFs have the same 0.24% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JMTG or JPLD?

JMTG and JPLD have the same expense ratio: 0.24% per year.

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

JPLD has the higher dividend yield at 4.21%, compared with 3.91% for JMTG.

What is the main difference between JMTG and JPLD?

JMTG is categorized as Mortgage Backed Securities, while JPLD is Short-Term Bond.