JPIE vs. LBNDX
JPIE (JPMorgan Income ETF) and LBNDX (Lord Abbett Bond Debenture Fund) are both Multisector Bonds funds. Over the past 3 years, JPIE returned 6.70%/yr vs 6.15%/yr for LBNDX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. JPIE charges 0.40%/yr vs 0.77%/yr for LBNDX.
Performance
JPIE vs. LBNDX - Performance Comparison
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Returns By Period
In the year-to-date period, JPIE achieves a 1.92% return, which is significantly higher than LBNDX's 0.03% return.
JPIE
- 1D
- 0.14%
- 1M
- 0.03%
- 6M
- 1.47%
- YTD
- 1.92%
- 1Y
- 4.80%
- 3Y*
- 6.70%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.41%
LBNDX
- 1D
- -0.14%
- 1M
- -1.53%
- 6M
- -0.89%
- YTD
- 0.03%
- 1Y
- 4.08%
- 3Y*
- 6.15%
- 5Y*
- 1.13%
- 10Y*
- 3.82%
- ALL TIME*
- 5.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $68.73M | $65.57M | $68.28M | |
| $0.00 | $0.00 | $0.00 |
JPIE vs. LBNDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JPIE JPMorgan Income ETF | 1.92% | 7.39% | 6.32% | 7.07% | -6.13% | 0.27% |
LBNDX Lord Abbett Bond Debenture Fund | 0.03% | 8.42% | 6.29% | 6.38% | -13.67% | -0.63% |
Correlation
The correlation between JPIE and LBNDX is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021 | 0.70 |
The correlation between JPIE and LBNDX has been stable across timeframes, ranging from 0.68 to 0.71 - a consistent structural relationship.
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Return for Risk
JPIE vs. LBNDX — Risk / Return Rank
JPIE
LBNDX
JPIE vs. LBNDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income ETF (JPIE) and Lord Abbett Bond Debenture Fund (LBNDX). 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 | LBNDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.91 | ||
| Sortino ratioReturn per unit of downside risk | +2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.20 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 4.20 | 1.04 | +3.16 |
| Martin ratioReturn relative to average drawdown | 20.02 | 3.91 | +16.11 |
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Drawdowns
JPIE vs. LBNDX - Drawdown Comparison
The maximum JPIE drawdown since its inception was -9.96%, smaller than the maximum LBNDX drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for JPIE and LBNDX.
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Drawdown Indicators
| JPIE | LBNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.96% | -26.67% | +16.71% |
Max Drawdown (1Y)Largest decline over 1 year | -1.15% | -4.08% | +2.93% |
Max Drawdown (3Y)Largest decline over 3 years | -1.72% | -4.51% | +2.79% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.33% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.77% | — |
Current DrawdownCurrent decline from peak | -0.05% | -1.93% | +1.88% |
Average DrawdownAverage peak-to-trough decline | -2.03% | -3.51% | +1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.24% | 1.08% | -0.84% |
Volatility
JPIE vs. LBNDX - Volatility Comparison
The current volatility for JPMorgan Income ETF (JPIE) is 0.48%, while Lord Abbett Bond Debenture Fund (LBNDX) has a volatility of 0.83%. This indicates that JPIE experiences smaller price fluctuations and is considered to be less risky than LBNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPIE | LBNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.48% | 0.83% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 1.40% | 3.25% | -1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.63% | 4.07% | -2.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.48% | 4.71% | -1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.48% | 5.00% | -1.52% |
JPIE vs. LBNDX - Expense Ratio Comparison
JPIE has a 0.40% expense ratio, which is lower than LBNDX's 0.77% expense ratio.
Dividends
JPIE vs. LBNDX - Dividend Comparison
JPIE's dividend yield for the trailing twelve months is around 5.64%, which matches LBNDX's 5.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPIE JPMorgan Income ETF | 5.64% | 5.65% | 6.11% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LBNDX Lord Abbett Bond Debenture Fund | 5.68% | 5.92% | 5.38% | 4.66% | 3.67% | 3.71% | 3.72% | 4.02% | 6.43% | 4.82% | 4.58% | 5.50% |
Frequently Asked Questions
JPIE and LBNDX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LBNDX has higher volatility (0.83%) compared to JPIE (0.48%). In terms of maximum drawdown, JPIE dropped -9.96% vs LBNDX's -26.67%.
JPIE currently has the higher Sharpe Ratio (2.96 vs 1.05), 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.
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