JPLD vs. ISDB
Compare and contrast key facts about J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) and Invesco Short Duration Bond ETF (ISDB).
JPLD and ISDB 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. ISDB is an actively managed fund by Invesco. It was launched on Dec 5, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPLD or ISDB.
Key characteristics
| JPLD | ISDB | |
|---|---|---|
| YTD Return | 5.75% | 4.77% |
| 1Y Return | 8.27% | 7.58% |
| Sharpe Ratio | 4.38 | 4.12 |
| Sortino Ratio | 7.56 | 7.12 |
| Omega Ratio | 2.00 | 1.99 |
| Calmar Ratio | 11.73 | 10.53 |
| Martin Ratio | 37.92 | 31.90 |
| Ulcer Index | 0.22% | 0.24% |
| Daily Std Dev | 1.90% | 1.85% |
| Max Drawdown | -0.71% | -1.44% |
| Current Drawdown | -0.51% | -0.52% |
Correlation
The correlation between JPLD and ISDB 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
JPLD vs. ISDB - Performance Comparison
In the year-to-date period, JPLD achieves a 5.75% return, which is significantly higher than ISDB's 4.77% 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. ISDB - Expense Ratio Comparison
JPLD has a 0.24% expense ratio, which is lower than ISDB's 0.36% expense ratio.
Risk-Adjusted Performance
JPLD vs. ISDB - 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 Invesco Short Duration Bond ETF (ISDB). 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. ISDB - Dividend Comparison
JPLD's dividend yield for the trailing twelve months is around 4.47%, less than ISDB's 5.52% yield.
| TTM | 2023 | |
|---|---|---|
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.47% | 1.83% |
ISDB Invesco Short Duration Bond ETF | 5.52% | 5.60% |
Drawdowns
JPLD vs. ISDB - Drawdown Comparison
The maximum JPLD drawdown since its inception was -0.71%, smaller than the maximum ISDB drawdown of -1.44%. Use the drawdown chart below to compare losses from any high point for JPLD and ISDB. For additional features, visit the drawdowns tool.
Volatility
JPLD vs. ISDB - Volatility Comparison
J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) and Invesco Short Duration Bond ETF (ISDB) have volatilities of 0.50% and 0.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.