JPLD vs. MYCF
JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) and MYCF (State Street My2026 Corporate Bond ETF) are both exchange-traded funds - JPLD is a Short-Term Bond fund actively managed by JPMorgan, while MYCF is a Corporate Bonds fund actively managed by State Street. Both are actively managed. Over the past year, JPLD returned 4.71% vs 4.60% for MYCF. At a 0.42 correlation, their price movements are largely independent. JPLD charges 0.24%/yr vs 0.15%/yr for MYCF.
Performance
JPLD vs. MYCF - Performance Comparison
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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*
- —
JPLD vs. MYCF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 1.04% | 6.01% | 0.24% |
MYCF State Street My2026 Corporate Bond ETF | 1.63% | 5.12% | 0.74% |
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
JPLD
MYCF
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.
| JPLD | MYCF | Difference | |
|---|---|---|---|
| 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 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JPLD | MYCF | Difference | |
|---|---|---|---|
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
| JPLD | MYCF | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -0.12% | 0.00% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -0.15% | -0.03% | -0.12% |
Ulcer IndexDepth 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
| JPLD | MYCF | Difference | |
|---|---|---|---|
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.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
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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