JPHY vs. XHYH

Last updated Jun 5, 2026

JPHY (JPMorgan High Yield Research Enhanced ETF) and XHYH (BondBloxx US High Yield Healthcare Sector ETF) are both High Yield Bonds funds. JPHY is actively managed, while XHYH is passively managed. At a 0.45 correlation, their price movements are largely independent. JPHY charges 0.24%/yr vs 0.35%/yr for XHYH.

Performance

JPHY vs. XHYH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan High Yield Research Enhanced ETF (JPHY) and BondBloxx US High Yield Healthcare Sector ETF (XHYH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPHY achieves a 2.06% return, which is significantly higher than XHYH's 1.24% return.

JPHY

• 1D: -0.01%
• 1M: 0.35%
• YTD: 2.06%
• 6M: 2.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XHYH

• 1D: 0.00%
• 1M: -0.35%
• YTD: 1.24%
• 6M: 1.15%
• 1Y: 7.28%
• 3Y*: 9.88%
• 5Y*: —
• 10Y*: —

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

JPHY vs. XHYH - Yearly Performance Comparison

	2026 (YTD)	2025
JPHY JPMorgan High Yield Research Enhanced ETF	2.06%	4.00%
XHYH BondBloxx US High Yield Healthcare Sector ETF	1.24%	4.34%

Correlation

The correlation between JPHY and XHYH is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.45

JPHY vs. XHYH - Sectors Allocation Comparison

Sectors	JPHY	XHYH
Communication Services	15.8%	-
Industrials	10.8%	-
Consumer Cyclical	8.9%	3.8%
Energy	7.0%	-
Healthcare	5.1%	64.7%
Technology	4.8%	0.3%
Basic Materials	3.6%	-
Real Estate	3.0%	-
Utilities	2.8%	-
Consumer Defensive	2.4%	-
Financial Services	1.8%	-

Return for Risk

JPHY vs. XHYH — Risk / Return Rank

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

XHYH

XHYH Risk / Return Rank: 63
XHYH Sharpe Ratio Rank: 56
XHYH Sortino Ratio Rank: 68
XHYH Omega Ratio Rank: 62
XHYH Calmar Ratio Rank: 63
XHYH Martin Ratio Rank: 68

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.

JPHY vs. XHYH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Research Enhanced ETF (JPHY) and BondBloxx US High Yield Healthcare Sector ETF (XHYH). 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

	JPHY	XHYH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.16	0.53	+1.63

Drawdowns

JPHY vs. XHYH - Drawdown Comparison

The maximum JPHY drawdown since its inception was -1.65%, smaller than the maximum XHYH drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for JPHY and XHYH.

Drawdown Indicators

	JPHY	XHYH	Difference
Max Drawdown Largest peak-to-trough decline	-1.65%	-17.84%	+16.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.09%	—
Current Drawdown Current decline from peak	-0.10%	-0.51%	+0.41%
Average Drawdown Average peak-to-trough decline	-0.21%	-4.62%	+4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.66%	—

Volatility

Volatility by Period

	JPHY	XHYH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.04%	4.32%	-1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.04%	8.55%	-5.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.04%	8.55%	-5.51%

JPHY vs. XHYH - Expense Ratio Comparison

JPHY has a 0.24% expense ratio, which is lower than XHYH's 0.35% expense ratio.

Dividends

JPHY vs. XHYH - Dividend Comparison

JPHY's dividend yield for the trailing twelve months is around 5.92%, less than XHYH's 6.58% yield.

Position	TTM	2025	2024	2023	2022
JPHY JPMorgan High Yield Research Enhanced ETF	5.92%	3.32%	0.00%	0.00%	0.00%
XHYH BondBloxx US High Yield Healthcare Sector ETF	6.58%	6.95%	6.95%	7.73%	6.99%

Frequently Asked Questions

Can I hold both JPHY and XHYH in my portfolio?

JPHY and XHYH have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPHY or XHYH?

On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPHY or XHYH?

JPHY is cheaper with a 0.24% expense ratio, compared with 0.35% for XHYH.

Which ETF pays a higher dividend yield, JPHY or XHYH?

XHYH has the higher dividend yield at 6.58%, compared with 5.92% for JPHY.

What is the main difference between JPHY and XHYH?

They also come from different issuers: JPMorgan and BondBloxx. Their fees differ too: 0.24% for JPHY and 0.35% for XHYH.