JPIB vs. PIMIX
Compare and contrast key facts about JPMorgan International Bond Opportunities ETF (JPIB) and PIMCO Income Fund Institutional Class (PIMIX).
JPIB is an actively managed fund by JPMorgan Chase. It was launched on Apr 5, 2017. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPIB or PIMIX.
Key characteristics
| JPIB | PIMIX | |
|---|---|---|
| YTD Return | 3.72% | 5.45% |
| 1Y Return | 9.55% | 11.50% |
| 3Y Return (Ann) | 1.86% | 2.08% |
| 5Y Return (Ann) | 2.63% | 3.28% |
| Sharpe Ratio | 2.35 | 2.42 |
| Sortino Ratio | 3.74 | 3.73 |
| Omega Ratio | 1.46 | 1.49 |
| Calmar Ratio | 2.02 | 2.31 |
| Martin Ratio | 14.33 | 13.01 |
| Ulcer Index | 0.64% | 0.83% |
| Daily Std Dev | 3.89% | 4.47% |
| Max Drawdown | -13.13% | -13.39% |
| Current Drawdown | -1.14% | -1.15% |
Correlation
The correlation between JPIB and PIMIX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JPIB vs. PIMIX - Performance Comparison
In the year-to-date period, JPIB achieves a 3.72% return, which is significantly lower than PIMIX's 5.45% 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. PIMIX - Expense Ratio Comparison
JPIB has a 0.50% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
JPIB vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Bond Opportunities ETF (JPIB) and PIMCO Income Fund Institutional Class (PIMIX). 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. PIMIX - Dividend Comparison
JPIB's dividend yield for the trailing twelve months is around 4.31%, less than PIMIX's 6.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPIB JPMorgan International Bond Opportunities ETF | 4.31% | 4.35% | 3.10% | 2.59% | 3.14% | 4.66% | 5.83% | 2.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PIMIX PIMCO Income Fund Institutional Class | 6.21% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% | 5.46% |
Drawdowns
JPIB vs. PIMIX - Drawdown Comparison
The maximum JPIB drawdown since its inception was -13.13%, roughly equal to the maximum PIMIX drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for JPIB and PIMIX. For additional features, visit the drawdowns tool.
Volatility
JPIB vs. PIMIX - Volatility Comparison
The current volatility for JPMorgan International Bond Opportunities ETF (JPIB) is 0.86%, while PIMCO Income Fund Institutional Class (PIMIX) has a volatility of 1.00%. This indicates that JPIB experiences smaller price fluctuations and is considered to be less risky than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.