JPIE vs. BINC
JPIE (JPMorgan Income ETF) and BINC (iShares Flexible Income Active ETF) are both Multisector Bonds funds. Both are actively managed. Over the past 3 years, JPIE returned 6.60%/yr vs 7.10%/yr for BINC. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.
Performance
JPIE vs. BINC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JPIE achieves a 1.47% return, which is significantly higher than BINC's 1.23% return.
JPIE
- 1D
- -0.07%
- 1M
- 0.48%
- YTD
- 1.47%
- 6M
- 1.63%
- 1Y
- 5.46%
- 3Y*
- 6.60%
- 5Y*
- —
- 10Y*
- —
BINC
- 1D
- -0.02%
- 1M
- 0.63%
- YTD
- 1.23%
- 6M
- 1.46%
- 1Y
- 5.64%
- 3Y*
- 7.10%
- 5Y*
- —
- 10Y*
- —
JPIE vs. BINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JPIE JPMorgan Income ETF | 1.47% | 7.39% | 6.32% | 4.38% |
BINC iShares Flexible Income Active ETF | 1.23% | 7.57% | 5.76% | 7.12% |
Correlation
The correlation between JPIE and BINC is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since May 23, 2023 | 0.76 |
The correlation between JPIE and BINC has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JPIE vs. BINC — Risk / Return Rank
JPIE
BINC
JPIE vs. BINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income ETF (JPIE) and iShares Flexible Income Active ETF (BINC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JPIE | BINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.49 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 4.78 | 2.11 | +2.67 |
| Martin ratioReturn relative to average drawdown | 23.37 | 8.22 | +15.15 |
Loading charts...
Drawdowns
JPIE vs. BINC - Drawdown Comparison
The maximum JPIE drawdown since its inception was -9.96%, which is greater than BINC's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for JPIE and BINC.
Loading charts...
Drawdown Indicators
| JPIE | BINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.96% | -2.69% | -7.27% |
Max Drawdown (1Y)Largest decline over 1 year | -1.15% | -2.69% | +1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -2.40% | -2.69% | +0.29% |
Current DrawdownCurrent decline from peak | -0.35% | -0.16% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -2.07% | -0.36% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 0.69% | -0.46% |
Volatility
JPIE vs. BINC - Volatility Comparison
JPMorgan Income ETF (JPIE) and iShares Flexible Income Active ETF (BINC) have volatilities of 0.59% and 0.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPIE | BINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.59% | 0.60% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 1.34% | 1.88% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.62% | 2.30% | -0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.51% | 2.99% | +0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.51% | 2.99% | +0.52% |
JPIE vs. BINC - Expense Ratio Comparison
Both JPIE and BINC have an expense ratio of 0.40%.
Dividends
JPIE vs. BINC - Dividend Comparison
JPIE's dividend yield for the trailing twelve months is around 5.62%, less than BINC's 5.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BINC iShares Flexible Income Active ETF | 5.85% | 5.86% | 6.14% | 3.13% | 0.00% | 0.00% |
JPIE JPMorgan Income ETF | 5.62% | 5.65% | 6.11% | 5.70% | 4.49% | 0.63% |
Frequently Asked Questions
JPIE and BINC have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BINC has higher volatility (0.60%) compared to JPIE (0.59%). In terms of maximum drawdown, JPIE dropped -9.96% vs BINC's -2.69%.
On 3-year performance, BINC leads with 7.10% vs 6.60% for JPIE. Both ETFs have the same 0.40% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, BINC has performed better with a 7.10% return vs 6.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JPIE and BINC have the same expense ratio: 0.40% per year.
BINC has the higher dividend yield at 5.85%, compared with 5.62% for JPIE.
They also come from different issuers: JPMorgan and iShares.
JPIE currently has the higher Sharpe Ratio (3.40 vs 2.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for JPIE and BINC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer