JPIE vs. BLUI

Last updated Jun 4, 2026

JPIE (JPMorgan Income ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. A 0.64 correlation means they provide meaningful diversification when combined. JPIE charges 0.41%/yr vs 0.75%/yr for BLUI.

Performance

JPIE vs. BLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Income ETF (JPIE) and Bluemonte Diversified Income ETF (BLUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPIE achieves a 1.43% return, which is significantly lower than BLUI's 3.27% return.

JPIE

• 1D: -0.13%
• 1M: 0.37%
• YTD: 1.43%
• 6M: 1.83%
• 1Y: 5.90%
• 3Y*: 6.43%
• 5Y*: —
• 10Y*: —

BLUI

• 1D: -0.19%
• 1M: 0.02%
• YTD: 3.27%
• 6M: 3.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JPIE vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
JPIE JPMorgan Income ETF	1.43%	3.80%
BLUI Bluemonte Diversified Income ETF	3.27%	3.80%

Correlation

The correlation between JPIE and BLUI is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.64

Return for Risk

JPIE vs. BLUI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JPIE

JPIE Risk / Return Rank: 93
JPIE Sharpe Ratio Rank: 94
JPIE Sortino Ratio Rank: 96
JPIE Omega Ratio Rank: 96
JPIE Calmar Ratio Rank: 88
JPIE Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JPIE vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income ETF (JPIE) and Bluemonte Diversified Income ETF (BLUI). 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.

	JPIE	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	3.73	—	—
Sortino ratio: Return per unit of downside risk	5.87	—	—
Omega ratio: Gain probability vs. loss probability	1.84	—	—
Calmar ratio: Return relative to maximum drawdown	5.16	—	—
Martin ratio: Return relative to average drawdown	25.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JPIE	BLUI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	1.97	-0.99

Drawdowns

JPIE vs. BLUI - Drawdown Comparison

The maximum JPIE drawdown since its inception was -9.96%, which is greater than BLUI's maximum drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for JPIE and BLUI.

Drawdown Indicators

	JPIE	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-9.96%	-2.43%	-7.53%
Max Drawdown (1Y) Largest decline over 1 year	-1.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.40%	—	—
Current Drawdown Current decline from peak	-0.13%	-0.43%	+0.30%
Average Drawdown Average peak-to-trough decline	-2.10%	-0.37%	-1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.23%	—	—

Volatility

Volatility by Period

	JPIE	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.59%	3.89%	-2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.52%	3.89%	-0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.52%	3.89%	-0.37%

JPIE vs. BLUI - Expense Ratio Comparison

JPIE has a 0.41% expense ratio, which is lower than BLUI's 0.75% expense ratio.

Dividends

JPIE vs. BLUI - Dividend Comparison

JPIE's dividend yield for the trailing twelve months is around 5.62%, more than BLUI's 4.72% yield.

Position	TTM	2025	2024	2023	2022	2021
BLUI Bluemonte Diversified Income ETF	4.72%	2.91%	0.00%	0.00%	0.00%	0.00%
JPIE JPMorgan Income ETF	5.62%	5.65%	6.11%	5.70%	4.49%	0.63%

Frequently Asked Questions

Can I hold both JPIE and BLUI in my portfolio?

JPIE and BLUI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPIE or BLUI?

On fees, JPIE is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPIE or BLUI?

JPIE is cheaper with a 0.41% expense ratio, compared with 0.75% for BLUI.

Which ETF pays a higher dividend yield, JPIE or BLUI?

JPIE has the higher dividend yield at 5.62%, compared with 4.72% for BLUI.

What is the main difference between JPIE and BLUI?

They also come from different issuers: JPMorgan and Bluemonte. Their fees differ too: 0.41% for JPIE and 0.75% for BLUI.