JPIB vs. BNDX
Compare and contrast key facts about JPMorgan International Bond Opportunities ETF (JPIB) and Vanguard Total International Bond ETF (BNDX).
JPIB and BNDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPIB is an actively managed fund by JPMorgan Chase. It was launched on Apr 5, 2017. BNDX is a passively managed fund by Vanguard that tracks the performance of the Barclays Global Aggregate ex-USD Float-Adjusted Index (Hedged). It was launched on May 31, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPIB or BNDX.
Key characteristics
| JPIB | BNDX | |
|---|---|---|
| YTD Return | 3.65% | 2.86% |
| 1Y Return | 9.26% | 8.18% |
| 3Y Return (Ann) | 1.83% | -0.93% |
| 5Y Return (Ann) | 2.69% | -0.07% |
| Sharpe Ratio | 2.45 | 1.94 |
| Sortino Ratio | 3.92 | 2.98 |
| Omega Ratio | 1.49 | 1.34 |
| Calmar Ratio | 2.10 | 0.68 |
| Martin Ratio | 14.75 | 7.20 |
| Ulcer Index | 0.64% | 1.13% |
| Daily Std Dev | 3.87% | 4.19% |
| Max Drawdown | -13.13% | -16.23% |
| Current Drawdown | -1.20% | -4.72% |
Correlation
The correlation between JPIB and BNDX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JPIB vs. BNDX - Performance Comparison
In the year-to-date period, JPIB achieves a 3.65% return, which is significantly higher than BNDX's 2.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JPIB vs. BNDX - Expense Ratio Comparison
JPIB has a 0.50% expense ratio, which is higher than BNDX's 0.07% expense ratio.
Risk-Adjusted Performance
JPIB vs. BNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Bond Opportunities ETF (JPIB) and Vanguard Total International Bond ETF (BNDX). 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.
Dividends
JPIB vs. BNDX - Dividend Comparison
JPIB's dividend yield for the trailing twelve months is around 4.32%, less than BNDX's 4.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPIB JPMorgan International Bond Opportunities ETF | 4.32% | 4.35% | 3.10% | 2.59% | 3.14% | 4.66% | 5.83% | 2.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.78% | 4.42% | 1.52% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
JPIB vs. BNDX - Drawdown Comparison
The maximum JPIB drawdown since its inception was -13.13%, smaller than the maximum BNDX drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for JPIB and BNDX. For additional features, visit the drawdowns tool.
Volatility
JPIB vs. BNDX - Volatility Comparison
The current volatility for JPMorgan International Bond Opportunities ETF (JPIB) is 0.85%, while Vanguard Total International Bond ETF (BNDX) has a volatility of 0.99%. This indicates that JPIB experiences smaller price fluctuations and is considered to be less risky than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.