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JPIB vs. JPST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JPIB and JPST is 0.25, 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.


-0.50.00.51.00.2

Performance

JPIB vs. JPST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Bond Opportunities ETF (JPIB) and JPMorgan Ultra-Short Income ETF (JPST). The values are adjusted to include any dividend payments, if applicable.

20.00%22.00%24.00%26.00%28.00%JulyAugustSeptemberOctoberNovemberDecember
25.74%
22.36%
JPIB
JPST

Key characteristics

Sharpe Ratio

JPIB:

1.26

JPST:

10.89

Sortino Ratio

JPIB:

1.81

JPST:

24.51

Omega Ratio

JPIB:

1.23

JPST:

5.59

Calmar Ratio

JPIB:

2.24

JPST:

56.90

Martin Ratio

JPIB:

6.03

JPST:

296.42

Ulcer Index

JPIB:

0.71%

JPST:

0.02%

Daily Std Dev

JPIB:

3.42%

JPST:

0.52%

Max Drawdown

JPIB:

-13.13%

JPST:

-3.28%

Current Drawdown

JPIB:

-1.09%

JPST:

-0.02%

Returns By Period

In the year-to-date period, JPIB achieves a 3.77% return, which is significantly lower than JPST's 5.43% return.


JPIB

YTD

3.77%

1M

0.32%

6M

3.08%

1Y

4.26%

5Y*

2.52%

10Y*

N/A

JPST

YTD

5.43%

1M

0.35%

6M

2.75%

1Y

5.57%

5Y*

2.80%

10Y*

N/A

Compare stocks, funds, or ETFs

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JPIB vs. JPST - Expense Ratio Comparison

JPIB has a 0.50% expense ratio, which is higher than JPST's 0.18% expense ratio.


JPIB
JPMorgan International Bond Opportunities ETF
Expense ratio chart for JPIB: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for JPST: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

JPIB vs. JPST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Bond Opportunities ETF (JPIB) and JPMorgan Ultra-Short Income ETF (JPST). 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.


Sharpe ratio
The chart of Sharpe ratio for JPIB, currently valued at 1.26, compared to the broader market0.002.004.001.2610.89
The chart of Sortino ratio for JPIB, currently valued at 1.81, compared to the broader market-2.000.002.004.006.008.0010.001.8124.51
The chart of Omega ratio for JPIB, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.235.59
The chart of Calmar ratio for JPIB, currently valued at 2.24, compared to the broader market0.005.0010.0015.002.2456.90
The chart of Martin ratio for JPIB, currently valued at 6.03, compared to the broader market0.0020.0040.0060.0080.00100.006.03296.42
JPIB
JPST

The current JPIB Sharpe Ratio is 1.26, which is lower than the JPST Sharpe Ratio of 10.89. The chart below compares the historical Sharpe Ratios of JPIB and JPST, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
1.26
10.89
JPIB
JPST

Dividends

JPIB vs. JPST - Dividend Comparison

JPIB's dividend yield for the trailing twelve months is around 4.43%, less than JPST's 5.21% yield.


TTM2023202220212020201920182017
JPIB
JPMorgan International Bond Opportunities ETF
4.43%4.35%3.10%2.59%3.14%4.66%5.83%2.00%
JPST
JPMorgan Ultra-Short Income ETF
5.21%4.80%1.83%0.73%1.43%2.68%2.07%0.96%

Drawdowns

JPIB vs. JPST - Drawdown Comparison

The maximum JPIB drawdown since its inception was -13.13%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for JPIB and JPST. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.09%
-0.02%
JPIB
JPST

Volatility

JPIB vs. JPST - Volatility Comparison

JPMorgan International Bond Opportunities ETF (JPIB) has a higher volatility of 1.01% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.16%. This indicates that JPIB's price experiences larger fluctuations and is considered to be riskier than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.01%
0.16%
JPIB
JPST
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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