JOJO vs. XAGG
JOJO (ATAC Credit Rotation ETF) and XAGG (Eaton Vance Income Opportunities ETF) are both Multisector Bonds funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. JOJO charges 1.28%/yr vs 0.50%/yr for XAGG.
Performance
JOJO vs. XAGG - Performance Comparison
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Returns By Period
In the year-to-date period, JOJO achieves a 3.38% return, which is significantly higher than XAGG's 2.40% return.
JOJO
- 1D
- -0.00%
- 1M
- 0.88%
- YTD
- 3.38%
- 6M
- 3.40%
- 1Y
- 9.78%
- 3Y*
- 7.20%
- 5Y*
- —
- 10Y*
- —
XAGG
- 1D
- 0.29%
- 1M
- 0.65%
- YTD
- 2.40%
- 6M
- 2.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JOJO vs. XAGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JOJO ATAC Credit Rotation ETF | 3.38% | 1.16% |
XAGG Eaton Vance Income Opportunities ETF | 2.40% | 1.75% |
Correlation
The correlation between JOJO and XAGG is 0.58, 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 Nov 10, 2025 | 0.58 |
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Return for Risk
JOJO vs. XAGG — Risk / Return Rank
JOJO
XAGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JOJO vs. XAGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ATAC Credit Rotation ETF (JOJO) and Eaton Vance Income Opportunities ETF (XAGG). 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.
| JOJO | XAGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | — | — |
| Martin ratioReturn relative to average drawdown | 5.42 | — | — |
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Drawdowns
JOJO vs. XAGG - Drawdown Comparison
The maximum JOJO drawdown since its inception was -28.43%, which is greater than XAGG's maximum drawdown of -2.88%. Use the drawdown chart below to compare losses from any high point for JOJO and XAGG.
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Drawdown Indicators
| JOJO | XAGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.43% | -2.88% | -25.55% |
Max Drawdown (1Y)Largest decline over 1 year | -4.93% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -9.43% | — | — |
Current DrawdownCurrent decline from peak | -4.89% | -0.22% | -4.67% |
Average DrawdownAverage peak-to-trough decline | -15.68% | -0.56% | -15.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | — | — |
Volatility
JOJO vs. XAGG - Volatility Comparison
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Volatility by Period
| JOJO | XAGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.08% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.20% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.87% | 3.51% | +3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.27% | 3.51% | +7.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.27% | 3.51% | +7.76% |
JOJO vs. XAGG - Expense Ratio Comparison
JOJO has a 1.28% expense ratio, which is higher than XAGG's 0.50% expense ratio.
Dividends
JOJO vs. XAGG - Dividend Comparison
JOJO's dividend yield for the trailing twelve months is around 5.07%, more than XAGG's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JOJO ATAC Credit Rotation ETF | 5.07% | 4.78% | 4.88% | 4.30% | 3.63% | 2.53% |
XAGG Eaton Vance Income Opportunities ETF | 3.85% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JOJO and XAGG have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XAGG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XAGG is cheaper with a 0.50% expense ratio, compared with 1.28% for JOJO.
JOJO has the higher dividend yield at 5.07%, compared with 3.85% for XAGG.
They also come from different issuers: ATAC and Eaton Vance. Their fees differ too: 1.28% for JOJO and 0.50% for XAGG.
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