JPLD vs. JSCP

Last updated Jun 23, 2026

JPLD (JPMorgan Limited Duration Bond ETF) and JSCP (JPMorgan Short Duration Core Plus ETF) are both Short-Term Bond funds from JPMorgan. Both are actively managed. Over the past year, JPLD returned 4.27% vs 4.16% for JSCP. A 0.73 correlation means they provide meaningful diversification when combined. JPLD charges 0.24%/yr vs 0.33%/yr for JSCP.

Performance

JPLD vs. JSCP - Performance Comparison

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

Returns By Period

In the year-to-date period, JPLD achieves a 1.02% return, which is significantly higher than JSCP's 0.59% return.

JPLD

• 1D: -0.02%
• 1M: 0.26%
• YTD: 1.02%
• 6M: 1.23%
• 1Y: 4.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JSCP

• 1D: -0.12%
• 1M: 0.29%
• YTD: 0.59%
• 6M: 0.75%
• 1Y: 4.16%
• 3Y*: 5.55%
• 5Y*: 2.44%
• 10Y*: —

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

JPLD vs. JSCP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPLD JPMorgan Limited Duration Bond ETF	1.02%	6.01%	6.49%	3.15%
JSCP JPMorgan Short Duration Core Plus ETF	0.59%	6.86%	5.06%	3.70%

Correlation

The correlation between JPLD and JSCP is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023	0.73

The correlation between JPLD and JSCP has been stable across timeframes, ranging from 0.73 to 0.73 - a consistent structural relationship.

Return for Risk

JPLD vs. JSCP — Risk / Return Rank

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

JPLD

JPLD Risk / Return Rank: 90
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 93
JPLD Omega Ratio Rank: 92
JPLD Calmar Ratio Rank: 83
JPLD Martin Ratio Rank: 90

JSCP

JSCP Risk / Return Rank: 77
JSCP Sharpe Ratio Rank: 77
JSCP Sortino Ratio Rank: 87
JSCP Omega Ratio Rank: 83
JSCP Calmar Ratio Rank: 68
JSCP Martin Ratio Rank: 68

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. JSCP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Limited Duration Bond ETF (JPLD) and JPMorgan Short Duration Core Plus ETF (JSCP). 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	JSCP	Difference
Sharpe ratio: Return per unit of total volatility	2.91	2.38	+0.52
Sortino ratio: Return per unit of downside risk	4.46	3.73	+0.73
Omega ratio: Gain probability vs. loss probability	1.60	1.47	+0.13
Calmar ratio: Return relative to maximum drawdown	4.27	3.30	+0.97
Martin ratio: Return relative to average drawdown	19.49	12.18	+7.31

JPLD vs. JSCP - Sharpe Ratio Comparison

The current JPLD Sharpe Ratio is 2.91, which is comparable to the JSCP Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of JPLD and JSCP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JPLD vs. JSCP - Drawdown Comparison

The maximum JPLD drawdown since its inception was -1.17%, smaller than the maximum JSCP drawdown of -8.90%. Use the drawdown chart below to compare losses from any high point for JPLD and JSCP.

Drawdown Indicators

	JPLD	JSCP	Difference
Max Drawdown Largest peak-to-trough decline	-1.17%	-8.90%	+7.73%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	-1.27%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.90%	—
Current Drawdown Current decline from peak	-0.34%	-0.38%	+0.04%
Average Drawdown Average peak-to-trough decline	-0.15%	-2.05%	+1.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.34%	-0.12%

Volatility

JPLD vs. JSCP - Volatility Comparison

The current volatility for JPMorgan Limited Duration Bond ETF (JPLD) is 0.53%, while JPMorgan Short Duration Core Plus ETF (JSCP) has a volatility of 0.61%. This indicates that JPLD experiences smaller price fluctuations and is considered to be less risky than JSCP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPLD	JSCP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.53%	0.61%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	1.05%	1.30%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	1.48%	1.76%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.84%	2.58%	-0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.84%	2.55%	-0.71%

JPLD vs. JSCP - Expense Ratio Comparison

JPLD has a 0.24% expense ratio, which is lower than JSCP's 0.33% expense ratio.

Dividends

JPLD vs. JSCP - Dividend Comparison

JPLD's dividend yield for the trailing twelve months is around 4.21%, less than JSCP's 4.49% yield.

Position	TTM	2025	2024	2023	2022	2021
JPLD JPMorgan Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%	0.00%	0.00%
JSCP JPMorgan Short Duration Core Plus ETF	4.49%	4.64%	4.76%	4.13%	2.51%	1.09%

Frequently Asked Questions

Can I hold both JPLD and JSCP in my portfolio?

JPLD and JSCP have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPLD or JSCP?

JSCP has higher volatility (0.61%) compared to JPLD (0.53%). In terms of maximum drawdown, JPLD dropped -1.17% vs JSCP's -8.90%.

Which ETF is better, JPLD or JSCP?

On 1-year performance, JPLD leads with 4.27% vs 4.16% for JSCP. On fees, JPLD is cheaper at 0.24% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPLD or JSCP?

Over the 1-year period, JPLD has performed better with a 4.27% return vs 4.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPLD or JSCP?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.33% for JSCP.

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

JSCP has the higher dividend yield at 4.49%, compared with 4.21% for JPLD.

What is the main difference between JPLD and JSCP?

Their fees differ too: 0.24% for JPLD and 0.33% for JSCP.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (2.91 vs 2.38), 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.