JPLD vs. TDTF
JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) and TDTF (FlexShares iBoxx 5-Year Target Duration TIPS Index Fund) are both exchange-traded funds - JPLD is a Short-Term Bond fund actively managed by JPMorgan, while TDTF is a Inflation-Protected Bonds fund tracking the iBoxx 5-Year Target Duration TIPS. JPLD is actively managed, while TDTF is passively managed. Over the past year, JPLD returned 4.71% vs 5.07% for TDTF. A 0.66 correlation means they provide meaningful diversification when combined. JPLD charges 0.24%/yr vs 0.18%/yr for TDTF.
Performance
JPLD vs. TDTF - 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 TDTF's 1.52% return.
JPLD
- 1D
- -0.06%
- 1M
- 0.19%
- YTD
- 1.04%
- 6M
- 1.37%
- 1Y
- 4.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDTF
- 1D
- -0.13%
- 1M
- -0.44%
- YTD
- 1.52%
- 6M
- 1.18%
- 1Y
- 5.07%
- 3Y*
- 4.56%
- 5Y*
- 1.72%
- 10Y*
- 2.93%
JPLD vs. TDTF - 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% |
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 1.52% | 7.83% | 2.40% | 1.94% |
Correlation
The correlation between JPLD and TDTF 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 | 0.66 |
The correlation between JPLD and TDTF has been stable across timeframes, ranging from 0.63 to 0.66 - a consistent structural relationship.
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Return for Risk
JPLD vs. TDTF — Risk / Return Rank
JPLD
TDTF
JPLD vs. TDTF - 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 FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF). 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 | TDTF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.30 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 4.71 | 3.22 | +1.49 |
| Martin ratioReturn relative to average drawdown | 21.78 | 10.66 | +11.12 |
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 | TDTF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.22 | 1.67 | +1.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.30 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.25 | 0.47 | +2.78 |
Drawdowns
JPLD vs. TDTF - Drawdown Comparison
The maximum JPLD drawdown since its inception was -1.17%, smaller than the maximum TDTF drawdown of -12.02%. Use the drawdown chart below to compare losses from any high point for JPLD and TDTF.
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Drawdown Indicators
| JPLD | TDTF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.17% | -12.02% | +10.85% |
Max Drawdown (1Y)Largest decline over 1 year | -1.00% | -1.58% | +0.58% |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.79% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -12.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -12.02% | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.57% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -0.15% | -2.91% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.22% | 0.48% | -0.26% |
Volatility
JPLD vs. TDTF - Volatility Comparison
The current volatility for J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) is 0.37%, while FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) has a volatility of 0.73%. This indicates that JPLD experiences smaller price fluctuations and is considered to be less risky than TDTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPLD | TDTF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 0.73% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 0.97% | 1.97% | -1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.47% | 3.06% | -1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.83% | 5.69% | -3.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.83% | 5.07% | -3.24% |
JPLD vs. TDTF - Expense Ratio Comparison
JPLD has a 0.24% expense ratio, which is higher than TDTF's 0.18% 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. TDTF - Dividend Comparison
JPLD's dividend yield for the trailing twelve months is around 4.21%, less than TDTF's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 4.71% | 4.58% | 3.98% | 3.97% | 7.60% | 4.55% | 1.13% | 1.80% | 2.60% | 2.20% | 1.51% | 0.21% |
Frequently Asked Questions
JPLD and TDTF 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.
TDTF has higher volatility (0.73%) compared to JPLD (0.37%). In terms of maximum drawdown, JPLD dropped -1.17% vs TDTF's -12.02%.
On 1-year performance, TDTF leads with 5.07% vs 4.71% for JPLD. On fees, TDTF is cheaper at 0.18% per year. On volatility, JPLD has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TDTF has performed better with a 5.07% return vs 4.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TDTF is cheaper with a 0.18% expense ratio, compared with 0.24% for JPLD.
TDTF has the higher dividend yield at 4.71%, compared with 4.21% for JPLD.
JPLD is categorized as Short-Term Bond, while TDTF is Inflation-Protected Bonds. They also come from different issuers: JPMorgan and Northern Trust. Their fees differ too: 0.24% for JPLD and 0.18% for TDTF.
JPLD currently has the higher Sharpe Ratio (3.22 vs 1.67), 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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