JPLD vs. STOT

Last updated Jun 4, 2026

JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) and STOT (State Street DoubleLine Short Duration Total Return Tactical ETF) are both Short-Term Bond funds. JPLD is actively managed, while STOT is passively managed. Over the past year, JPLD returned 4.71% vs 4.20% for STOT. At a 0.49 correlation, their price movements are largely independent. JPLD charges 0.24%/yr vs 0.45%/yr for STOT.

Performance

JPLD vs. STOT - 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 DoubleLine Short Duration Total Return Tactical ETF (STOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPLD achieves a 1.04% return, which is significantly higher than STOT's 0.97% return.

JPLD

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

STOT

• 1D: -0.04%
• 1M: 0.18%
• YTD: 0.97%
• 6M: 1.26%
• 1Y: 4.20%
• 3Y*: 5.32%
• 5Y*: 2.81%
• 10Y*: 2.43%

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

JPLD vs. STOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.04%	6.01%	6.49%	3.23%
STOT State Street DoubleLine Short Duration Total Return Tactical ETF	0.97%	5.56%	5.26%	3.12%

Correlation

The correlation between JPLD and STOT is 0.63, 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	0.63
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.49

The correlation between JPLD and STOT shifts across timeframes, from 0.49 (all time) to 0.63 (1 year), reflecting how their relationship changes across market environments.

JPLD vs. STOT - Sectors Allocation Comparison

Sectors	JPLD	STOT
Financial Services	13.7%	-
Communication Services	10.1%	100.0%
Real Estate	7.8%	-
Technology	7.4%	-
Healthcare	5.6%	-
Consumer Cyclical	1.6%	-
Basic Materials	1.4%	-
Utilities	0.4%	-
Energy	0.1%	-
Industrials	0.1%	-
Consumer Defensive	0.1%	-

Return for Risk

JPLD vs. STOT — Risk / Return Rank

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

JPLD

JPLD Risk / Return Rank: 91
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 95
JPLD Omega Ratio Rank: 94
JPLD Calmar Ratio Rank: 85
JPLD Martin Ratio Rank: 90

STOT

STOT Risk / Return Rank: 94
STOT Sharpe Ratio Rank: 95
STOT Sortino Ratio Rank: 97
STOT Omega Ratio Rank: 96
STOT Calmar Ratio Rank: 90
STOT Martin Ratio Rank: 93

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. STOT - 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 DoubleLine Short Duration Total Return Tactical ETF (STOT). 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	STOT	Difference
Sharpe ratio: Return per unit of total volatility	3.22	3.81	-0.59
Sortino ratio: Return per unit of downside risk	5.29	5.93	-0.65
Omega ratio: Gain probability vs. loss probability	1.68	1.79	-0.11
Calmar ratio: Return relative to maximum drawdown	4.71	5.52	-0.81
Martin ratio: Return relative to average drawdown	21.78	24.02	-2.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPLD vs. STOT - Sharpe Ratio Comparison

The current JPLD Sharpe Ratio is 3.22, which is comparable to the STOT Sharpe Ratio of 3.81. The chart below compares the historical Sharpe Ratios of JPLD and STOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JPLD	STOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.22	3.81	-0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.63	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.25	1.11	+2.14

Drawdowns

JPLD vs. STOT - Drawdown Comparison

The maximum JPLD drawdown since its inception was -1.17%, smaller than the maximum STOT drawdown of -6.07%. Use the drawdown chart below to compare losses from any high point for JPLD and STOT.

Drawdown Indicators

	JPLD	STOT	Difference
Max Drawdown Largest peak-to-trough decline	-1.17%	-6.07%	+4.90%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	-0.76%	-0.24%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-6.07%	—
Current Drawdown Current decline from peak	-0.12%	-0.07%	-0.05%
Average Drawdown Average peak-to-trough decline	-0.15%	-0.84%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.18%	+0.04%

Volatility

JPLD vs. STOT - 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 DoubleLine Short Duration Total Return Tactical ETF (STOT) at 0.33%. This indicates that JPLD's price experiences larger fluctuations and is considered to be riskier than STOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPLD	STOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.37%	0.33%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	0.97%	0.84%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	1.47%	1.11%	+0.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.83%	1.73%	+0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.83%	2.20%	-0.37%

JPLD vs. STOT - Expense Ratio Comparison

JPLD has a 0.24% expense ratio, which is lower than STOT's 0.45% expense ratio.

Dividends

JPLD vs. STOT - Dividend Comparison

JPLD's dividend yield for the trailing twelve months is around 4.21%, less than STOT's 4.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STOT State Street DoubleLine Short Duration Total Return Tactical ETF	4.41%	4.52%	5.10%	4.53%	2.54%	1.76%	1.66%	2.61%	2.50%	1.95%	2.08%

Frequently Asked Questions

Can I hold both JPLD and STOT in my portfolio?

JPLD and STOT have a correlation of 0.63, 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 STOT?

JPLD has higher volatility (0.37%) compared to STOT (0.33%). In terms of maximum drawdown, JPLD dropped -1.17% vs STOT's -6.07%.

Which ETF is better, JPLD or STOT?

On 1-year performance, JPLD leads with 4.71% vs 4.20% for STOT. 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 STOT?

Over the 1-year period, JPLD has performed better with a 4.71% return vs 4.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPLD or STOT?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.45% for STOT.

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

STOT has the higher dividend yield at 4.41%, compared with 4.21% for JPLD.

What is the main difference between JPLD and STOT?

They also come from different issuers: JPMorgan and State Street. Their fees differ too: 0.24% for JPLD and 0.45% for STOT.

Which has better risk-adjusted returns?

STOT currently has the higher Sharpe Ratio (3.81 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.