JPLD vs. DDV

Last updated Jun 24, 2026

JPLD (JPMorgan Limited Duration Bond ETF) and DDV (Defined Duration 5 ETF) are both exchange-traded funds - JPLD is a Short-Term Bond fund actively managed by JPMorgan, while DDV is a Intermediate Core Bond fund actively managed by Discipline Funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. JPLD charges 0.24%/yr vs 0.25%/yr for DDV.

Performance

JPLD vs. DDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Limited Duration Bond ETF (JPLD) and Defined Duration 5 ETF (DDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPLD achieves a 1.08% return, which is significantly lower than DDV's 2.12% return.

JPLD

• 1D: 0.06%
• 1M: 0.32%
• YTD: 1.08%
• 6M: 1.31%
• 1Y: 4.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDV

• 1D: -0.30%
• 1M: 0.20%
• YTD: 2.12%
• 6M: 2.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPLD vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
JPLD JPMorgan Limited Duration Bond ETF	1.08%	0.59%
DDV Defined Duration 5 ETF	2.12%	0.47%

Correlation

The correlation between JPLD and DDV is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025	0.47

Return for Risk

JPLD vs. DDV — Risk / Return Rank

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

JPLD

JPLD Risk / Return Rank: 89
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 93
JPLD Omega Ratio Rank: 92
JPLD Calmar Ratio Rank: 82
JPLD Martin Ratio Rank: 89

DDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

JPLD vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Limited Duration Bond ETF (JPLD) and Defined Duration 5 ETF (DDV). 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.

	JPLD	DDV	Difference
Sharpe ratio: Return per unit of total volatility	2.86	—	—
Sortino ratio: Return per unit of downside risk	4.38	—	—
Omega ratio: Gain probability vs. loss probability	1.59	—	—
Calmar ratio: Return relative to maximum drawdown	4.19	—	—
Martin ratio: Return relative to average drawdown	19.07	—	—

Drawdowns

JPLD vs. DDV - Drawdown Comparison

The maximum JPLD drawdown since its inception was -1.17%, smaller than the maximum DDV drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for JPLD and DDV.

Drawdown Indicators

	JPLD	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-1.17%	-1.92%	+0.75%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	—	—
Current Drawdown Current decline from peak	-0.28%	-0.32%	+0.04%
Average Drawdown Average peak-to-trough decline	-0.15%	-0.35%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	—	—

Volatility

Volatility by Period

	JPLD	DDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.48%	2.69%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.84%	2.69%	-0.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.84%	2.69%	-0.85%

JPLD vs. DDV - Expense Ratio Comparison

JPLD has a 0.24% expense ratio, which is lower than DDV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

JPLD vs. DDV - Dividend Comparison

JPLD's dividend yield for the trailing twelve months is around 4.21%, more than DDV's 1.21% yield.

Position	TTM	2025	2024	2023
DDV Defined Duration 5 ETF	1.21%	0.42%	0.00%	0.00%
JPLD JPMorgan Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%

Frequently Asked Questions

Can I hold both JPLD and DDV in my portfolio?

JPLD and DDV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPLD or DDV?

On fees, JPLD is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPLD or DDV?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.25% for DDV.

Which ETF pays a higher dividend yield, JPLD or DDV?

JPLD has the higher dividend yield at 4.21%, compared with 1.21% for DDV.

What is the main difference between JPLD and DDV?

JPLD is categorized as Short-Term Bond, while DDV is Intermediate Core Bond. They also come from different issuers: JPMorgan and Discipline Funds. Their fees differ too: 0.24% for JPLD and 0.25% for DDV.