JPLD vs. CCRV
Compare and contrast key facts about J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) and iShares Commodity Curve Carry Strategy ETF (CCRV).
JPLD and CCRV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPLD is an actively managed fund by JPMorgan. It was launched on Feb 2, 1993. CCRV is a passively managed fund by iShares that tracks the performance of the CCRV-US - ICE BofA Commodity Enhanced Carry Index. It was launched on Sep 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPLD or CCRV.
Key characteristics
| JPLD | CCRV | |
|---|---|---|
| YTD Return | 5.75% | 4.58% |
| 1Y Return | 8.27% | 2.53% |
| Sharpe Ratio | 4.38 | 0.18 |
| Sortino Ratio | 7.56 | 0.35 |
| Omega Ratio | 2.00 | 1.04 |
| Calmar Ratio | 11.73 | 0.22 |
| Martin Ratio | 37.92 | 0.62 |
| Ulcer Index | 0.22% | 4.22% |
| Daily Std Dev | 1.90% | 14.51% |
| Max Drawdown | -0.71% | -24.81% |
| Current Drawdown | -0.51% | -6.73% |
Correlation
The correlation between JPLD and CCRV is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
JPLD vs. CCRV - Performance Comparison
In the year-to-date period, JPLD achieves a 5.75% return, which is significantly higher than CCRV's 4.58% 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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JPLD vs. CCRV - Expense Ratio Comparison
JPLD has a 0.24% expense ratio, which is lower than CCRV's 0.40% expense ratio.
Risk-Adjusted Performance
JPLD vs. CCRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) and iShares Commodity Curve Carry Strategy ETF (CCRV). 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
JPLD vs. CCRV - Dividend Comparison
JPLD's dividend yield for the trailing twelve months is around 4.47%, less than CCRV's 6.94% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.47% | 1.83% | 0.00% | 0.00% |
CCRV iShares Commodity Curve Carry Strategy ETF | 6.94% | 7.26% | 33.27% | 26.22% |
Drawdowns
JPLD vs. CCRV - Drawdown Comparison
The maximum JPLD drawdown since its inception was -0.71%, smaller than the maximum CCRV drawdown of -24.81%. Use the drawdown chart below to compare losses from any high point for JPLD and CCRV. For additional features, visit the drawdowns tool.
Volatility
JPLD vs. CCRV - Volatility Comparison
The current volatility for J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) is 0.50%, while iShares Commodity Curve Carry Strategy ETF (CCRV) has a volatility of 5.12%. This indicates that JPLD experiences smaller price fluctuations and is considered to be less risky than CCRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.