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JPLD vs. MYCF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

JPLD vs. MYCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) and State Street My2026 Corporate Bond ETF (MYCF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JPLD achieves a 1.04% return, which is significantly lower than MYCF's 1.63% return.


JPLD

1D
-0.06%
1M
0.19%
YTD
1.04%
6M
1.37%
1Y
4.71%
3Y*
5Y*
10Y*

MYCF

1D
0.04%
1M
0.41%
YTD
1.63%
6M
2.04%
1Y
4.60%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

JPLD vs. MYCF - Yearly Performance Comparison


Correlation

The correlation between JPLD and MYCF is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (All Time)
Calculated using the full available price history since Sep 25, 2024

0.42

The correlation between JPLD and MYCF shifts across timeframes, from 0.28 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

JPLD vs. MYCF — Risk / Return Rank

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

JPLD
JPLD Risk / Return Rank: 9191
Overall Rank
JPLD Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
JPLD Sortino Ratio Rank: 9595
Sortino Ratio Rank
JPLD Omega Ratio Rank: 9494
Omega Ratio Rank
JPLD Calmar Ratio Rank: 8585
Calmar Ratio Rank
JPLD Martin Ratio Rank: 9090
Martin Ratio Rank

MYCF
MYCF Risk / Return Rank: 9999
Overall Rank
MYCF Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
MYCF Sortino Ratio Rank: 9999
Sortino Ratio Rank
MYCF Omega Ratio Rank: 9999
Omega Ratio Rank
MYCF Calmar Ratio Rank: 9999
Calmar Ratio Rank
MYCF Martin Ratio Rank: 9999
Martin Ratio Rank
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. MYCF - Risk-Adjusted Trends 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 State Street My2026 Corporate Bond ETF (MYCF). 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.


JPLDMYCFDifference
Sharpe ratioReturn per unit of total volatility

-3.76

Sortino ratioReturn per unit of downside risk

-7.94

Omega ratioGain probability vs. loss probability

1.68

3.22

-1.54

Calmar ratioReturn relative to maximum drawdown

4.71

38.53

-33.81

Martin ratioReturn relative to average drawdown

21.78

164.09

-142.30

JPLD vs. MYCF - Sharpe Ratio Comparison

The current JPLD Sharpe Ratio is 3.22, which is lower than the MYCF Sharpe Ratio of 6.98. The chart below compares the historical Sharpe Ratios of JPLD and MYCF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


JPLDMYCFDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.22

6.98

-3.76

Sharpe Ratio (All Time)

Calculated using the full available price history

3.25

4.12

-0.87

Drawdowns

JPLD vs. MYCF - Drawdown Comparison

The maximum JPLD drawdown since its inception was -1.17%, which is greater than MYCF's maximum drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for JPLD and MYCF.


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Drawdown Indicators


JPLDMYCFDifference

Max Drawdown

Largest peak-to-trough decline

-1.17%

-0.60%

-0.57%

Max Drawdown (1Y)

Largest decline over 1 year

-1.00%

-0.12%

-0.88%

Current Drawdown

Current decline from peak

-0.12%

0.00%

-0.12%

Average Drawdown

Average peak-to-trough decline

-0.15%

-0.03%

-0.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.22%

0.03%

+0.19%

Volatility

JPLD vs. MYCF - Volatility Comparison

J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) has a higher volatility of 0.37% compared to State Street My2026 Corporate Bond ETF (MYCF) at 0.15%. This indicates that JPLD's price experiences larger fluctuations and is considered to be riskier than MYCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JPLDMYCFDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.37%

0.15%

+0.22%

Volatility (6M)

Calculated over the trailing 6-month period

0.97%

0.43%

+0.54%

Volatility (1Y)

Calculated over the trailing 1-year period

1.47%

0.66%

+0.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.83%

1.09%

+0.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.83%

1.09%

+0.74%

JPLD vs. MYCF - Expense Ratio Comparison

JPLD has a 0.24% expense ratio, which is higher than MYCF's 0.15% expense ratio. However, 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. MYCF - Dividend Comparison

JPLD's dividend yield for the trailing twelve months is around 4.21%, less than MYCF's 4.40% yield.


PositionTTM202520242023
JPLD
J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF
4.21%4.24%4.47%1.83%
MYCF
State Street My2026 Corporate Bond ETF
4.40%4.50%1.21%0.00%

Frequently Asked Questions


JPLD and MYCF have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

JPLD has higher volatility (0.37%) compared to MYCF (0.15%). In terms of maximum drawdown, JPLD dropped -1.17% vs MYCF's -0.60%.

On 1-year performance, JPLD leads with 4.71% vs 4.60% for MYCF. On fees, MYCF is cheaper at 0.15% per year. On volatility, MYCF has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, JPLD has performed better with a 4.71% return vs 4.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

MYCF is cheaper with a 0.15% expense ratio, compared with 0.24% for JPLD.

MYCF has the higher dividend yield at 4.40%, compared with 4.21% for JPLD.

JPLD is categorized as Short-Term Bond, while MYCF is Corporate Bonds. They also come from different issuers: JPMorgan and State Street. Their fees differ too: 0.24% for JPLD and 0.15% for MYCF.

MYCF currently has the higher Sharpe Ratio (6.98 vs 3.22), 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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