JPIB vs. IBND
Compare and contrast key facts about JPMorgan International Bond Opportunities ETF (JPIB) and SPDR Bloomberg Barclays International Corporate Bond ETF (IBND).
JPIB and IBND 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. It was launched on Apr 5, 2017. IBND is a passively managed fund by State Street that tracks the performance of the Bloomberg Global Aggregate x USD >$1B: Corporate Bond. It was launched on May 19, 2010.
Performance
JPIB vs. IBND - Performance Comparison
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JPIB vs. IBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPIB JPMorgan International Bond Opportunities ETF | -1.04% | 8.19% | 3.48% | 8.68% | -6.38% | 0.14% | 7.14% | 10.76% | -2.17% | 2.61% |
IBND SPDR Bloomberg Barclays International Corporate Bond ETF | -2.80% | 16.17% | -2.81% | 10.38% | -19.44% | -8.40% | 11.50% | 4.41% | -6.15% | 7.24% |
Returns By Period
In the year-to-date period, JPIB achieves a -1.04% return, which is significantly higher than IBND's -2.80% return.
JPIB
- 1D
- 0.78%
- 1M
- -2.80%
- YTD
- -1.04%
- 6M
- -0.01%
- 1Y
- 4.84%
- 3Y*
- 5.16%
- 5Y*
- 2.59%
- 10Y*
- —
IBND
- 1D
- 1.34%
- 1M
- -4.53%
- YTD
- -2.80%
- 6M
- -2.44%
- 1Y
- 8.16%
- 3Y*
- 5.46%
- 5Y*
- -1.27%
- 10Y*
- 0.50%
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JPIB vs. IBND - Expense Ratio Comparison
Both JPIB and IBND have an expense ratio of 0.50%.
Return for Risk
JPIB vs. IBND — Risk / Return Rank
JPIB
IBND
JPIB vs. IBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Bond Opportunities ETF (JPIB) and SPDR Bloomberg Barclays International Corporate Bond ETF (IBND). 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.
| JPIB | IBND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 0.92 | +0.43 |
Sortino ratioReturn per unit of downside risk | 1.82 | 1.41 | +0.42 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.17 | +0.10 |
Martin ratioReturn relative to average drawdown | 5.87 | 3.91 | +1.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JPIB | IBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 0.92 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | -0.13 | +0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.14 | +0.65 |
Correlation
The correlation between JPIB and IBND is 0.36, 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.
Dividends
JPIB vs. IBND - Dividend Comparison
JPIB's dividend yield for the trailing twelve months is around 4.96%, more than IBND's 2.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPIB JPMorgan International Bond Opportunities ETF | 4.96% | 4.85% | 4.57% | 4.35% | 3.10% | 2.59% | 3.14% | 4.66% | 5.83% | 1.81% | 0.00% | 0.00% |
IBND SPDR Bloomberg Barclays International Corporate Bond ETF | 2.65% | 2.49% | 2.61% | 2.08% | 0.54% | 0.38% | 0.45% | 0.67% | 0.71% | 0.34% | 0.01% | 0.01% |
Drawdowns
JPIB vs. IBND - Drawdown Comparison
The maximum JPIB drawdown since its inception was -13.13%, smaller than the maximum IBND drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for JPIB and IBND.
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Drawdown Indicators
| JPIB | IBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.13% | -35.62% | +22.49% |
Max Drawdown (1Y)Largest decline over 1 year | -3.75% | -6.75% | +3.00% |
Max Drawdown (5Y)Largest decline over 5 years | -11.83% | -34.32% | +22.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.62% | — |
Current DrawdownCurrent decline from peak | -2.86% | -11.03% | +8.17% |
Average DrawdownAverage peak-to-trough decline | -1.94% | -10.65% | +8.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 2.03% | -1.21% |
Volatility
JPIB vs. IBND - Volatility Comparison
The current volatility for JPMorgan International Bond Opportunities ETF (JPIB) is 2.21%, while SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) has a volatility of 4.05%. This indicates that JPIB experiences smaller price fluctuations and is considered to be less risky than IBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPIB | IBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.21% | 4.05% | -1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 2.60% | 5.56% | -2.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.60% | 8.92% | -5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.08% | 9.70% | -5.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | 8.94% | -4.49% |