JPIE vs. BND
Compare and contrast key facts about JPMorgan Income ETF (JPIE) and Vanguard Total Bond Market ETF (BND).
JPIE and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPIE or BND.
Key characteristics
| JPIE | BND | |
|---|---|---|
| YTD Return | 5.50% | 1.59% |
| 1Y Return | 10.07% | 7.87% |
| 3Y Return (Ann) | 2.04% | -2.37% |
| Sharpe Ratio | 3.69 | 1.34 |
| Sortino Ratio | 6.17 | 1.98 |
| Omega Ratio | 1.87 | 1.24 |
| Calmar Ratio | 2.73 | 0.50 |
| Martin Ratio | 27.43 | 4.75 |
| Ulcer Index | 0.37% | 1.65% |
| Daily Std Dev | 2.75% | 5.84% |
| Max Drawdown | -9.96% | -18.84% |
| Current Drawdown | -0.67% | -9.17% |
Correlation
The correlation between JPIE and BND is 0.68, 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
JPIE vs. BND - Performance Comparison
In the year-to-date period, JPIE achieves a 5.50% return, which is significantly higher than BND's 1.59% 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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JPIE vs. BND - Expense Ratio Comparison
JPIE has a 0.41% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
JPIE vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income ETF (JPIE) and Vanguard Total Bond Market ETF (BND). 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
JPIE vs. BND - Dividend Comparison
JPIE's dividend yield for the trailing twelve months is around 6.19%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPIE JPMorgan Income ETF | 6.19% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
JPIE vs. BND - Drawdown Comparison
The maximum JPIE drawdown since its inception was -9.96%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for JPIE and BND. For additional features, visit the drawdowns tool.
Volatility
JPIE vs. BND - Volatility Comparison
The current volatility for JPMorgan Income ETF (JPIE) is 0.46%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.77%. This indicates that JPIE experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.