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JPIE vs. JCPB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

JPIE vs. JCPB - Performance Comparison

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

-2.00%0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.93%
3.43%
JPIE
JCPB

Returns By Period

In the year-to-date period, JPIE achieves a 5.55% return, which is significantly higher than JCPB's 3.19% return.


JPIE

YTD

5.55%

1M

-0.22%

6M

3.92%

1Y

9.00%

5Y (annualized)

N/A

10Y (annualized)

N/A

JCPB

YTD

3.19%

1M

-1.30%

6M

3.43%

1Y

8.31%

5Y (annualized)

0.95%

10Y (annualized)

N/A

Key characteristics


JPIEJCPB
Sharpe Ratio3.531.55
Sortino Ratio5.622.27
Omega Ratio1.801.27
Calmar Ratio3.190.71
Martin Ratio23.655.59
Ulcer Index0.39%1.52%
Daily Std Dev2.59%5.50%
Max Drawdown-9.96%-16.67%
Current Drawdown-0.63%-4.39%

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JPIE vs. JCPB - Expense Ratio Comparison

JPIE has a 0.41% expense ratio, which is higher than JCPB's 0.40% expense ratio.


JPIE
JPMorgan Income ETF
Expense ratio chart for JPIE: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%
Expense ratio chart for JCPB: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Correlation

-0.50.00.51.00.7

The correlation between JPIE and JCPB is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

JPIE vs. JCPB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income ETF (JPIE) and JPMorgan Core Plus Bond ETF (JCPB). 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 JPIE, currently valued at 3.53, compared to the broader market0.002.004.006.003.531.55
The chart of Sortino ratio for JPIE, currently valued at 5.62, compared to the broader market-2.000.002.004.006.008.0010.0012.005.622.27
The chart of Omega ratio for JPIE, currently valued at 1.80, compared to the broader market0.501.001.502.002.503.001.801.27
The chart of Calmar ratio for JPIE, currently valued at 3.19, compared to the broader market0.005.0010.0015.003.190.73
The chart of Martin ratio for JPIE, currently valued at 23.65, compared to the broader market0.0020.0040.0060.0080.00100.0023.655.59
JPIE
JCPB

The current JPIE Sharpe Ratio is 3.53, which is higher than the JCPB Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of JPIE and JCPB, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.53
1.55
JPIE
JCPB

Dividends

JPIE vs. JCPB - Dividend Comparison

JPIE's dividend yield for the trailing twelve months is around 6.19%, more than JCPB's 5.05% yield.


TTM20232022202120202019
JPIE
JPMorgan Income ETF
6.19%5.70%4.49%0.63%0.00%0.00%
JCPB
JPMorgan Core Plus Bond ETF
5.05%4.32%3.00%2.19%2.97%3.23%

Drawdowns

JPIE vs. JCPB - Drawdown Comparison

The maximum JPIE drawdown since its inception was -9.96%, smaller than the maximum JCPB drawdown of -16.67%. Use the drawdown chart below to compare losses from any high point for JPIE and JCPB. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.63%
-4.09%
JPIE
JCPB

Volatility

JPIE vs. JCPB - Volatility Comparison

The current volatility for JPMorgan Income ETF (JPIE) is 0.48%, while JPMorgan Core Plus Bond ETF (JCPB) has a volatility of 1.39%. This indicates that JPIE experiences smaller price fluctuations and is considered to be less risky than JCPB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%JuneJulyAugustSeptemberOctoberNovember
0.48%
1.39%
JPIE
JCPB