JPLD vs. VPLS

Last updated Jun 16, 2026

JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) and VPLS (Vanguard Core-Plus Bond ETF) are both exchange-traded funds - JPLD is a Short-Term Bond fund actively managed by JPMorgan, while VPLS is a Intermediate Core-Plus Bond fund actively managed by Vanguard. Both are actively managed. Over the past year, JPLD returned 4.65% vs 5.74% for VPLS. A 0.71 correlation means they provide meaningful diversification when combined. JPLD charges 0.24%/yr vs 0.20%/yr for VPLS.

Performance

JPLD vs. VPLS - 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 Vanguard Core-Plus Bond ETF (VPLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPLD achieves a 1.25% return, which is significantly higher than VPLS's 0.99% return.

JPLD

• 1D: 0.06%
• 1M: 0.39%
• YTD: 1.25%
• 6M: 1.51%
• 1Y: 4.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VPLS

• 1D: 0.09%
• 1M: 1.20%
• YTD: 0.99%
• 6M: 1.33%
• 1Y: 5.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPLD vs. VPLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.25%	6.01%	6.49%	1.10%
VPLS Vanguard Core-Plus Bond ETF	0.99%	7.86%	2.72%	2.83%

Correlation

The correlation between JPLD and VPLS is 0.66, 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	0.66
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.71

The correlation between JPLD and VPLS has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.

Return for Risk

JPLD vs. VPLS — Risk / Return Rank

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

JPLD

JPLD Risk / Return Rank: 93
JPLD Sharpe Ratio Rank: 94
JPLD Sortino Ratio Rank: 96
JPLD Omega Ratio Rank: 95
JPLD Calmar Ratio Rank: 88
JPLD Martin Ratio Rank: 93

VPLS

VPLS Risk / Return Rank: 50
VPLS Sharpe Ratio Rank: 52
VPLS Sortino Ratio Rank: 54
VPLS Omega Ratio Rank: 51
VPLS Calmar Ratio Rank: 47
VPLS Martin Ratio Rank: 45

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. VPLS - 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 Vanguard Core-Plus Bond ETF (VPLS). 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	VPLS	Difference
Sharpe ratio: Return per unit of total volatility	3.25	1.61	+1.65
Sortino ratio: Return per unit of downside risk	5.25	2.39	+2.86
Omega ratio: Gain probability vs. loss probability	1.68	1.29	+0.39
Calmar ratio: Return relative to maximum drawdown	4.65	2.12	+2.53
Martin ratio: Return relative to average drawdown	21.55	6.68	+14.87

JPLD vs. VPLS - Sharpe Ratio Comparison

The current JPLD Sharpe Ratio is 3.25, which is higher than the VPLS Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of JPLD and VPLS, 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. VPLS - Drawdown Comparison

The maximum JPLD drawdown since its inception was -1.17%, smaller than the maximum VPLS drawdown of -4.17%. Use the drawdown chart below to compare losses from any high point for JPLD and VPLS.

Drawdown Indicators

	JPLD	VPLS	Difference
Max Drawdown Largest peak-to-trough decline	-1.17%	-4.17%	+3.00%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	-2.72%	+1.72%
Current Drawdown Current decline from peak	0.00%	-0.87%	+0.87%
Average Drawdown Average peak-to-trough decline	-0.15%	-1.01%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.86%	-0.64%

Volatility

JPLD vs. VPLS - Volatility Comparison

The current volatility for J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) is 0.38%, while Vanguard Core-Plus Bond ETF (VPLS) has a volatility of 1.28%. This indicates that JPLD experiences smaller price fluctuations and is considered to be less risky than VPLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPLD	VPLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	1.28%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	0.97%	2.75%	-1.78%
Volatility (1Y) Calculated over the trailing 1-year period	1.44%	3.59%	-2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.83%	4.60%	-2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.83%	4.60%	-2.77%

JPLD vs. VPLS - Expense Ratio Comparison

JPLD has a 0.24% expense ratio, which is higher than VPLS's 0.20% 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. VPLS - Dividend Comparison

JPLD's dividend yield for the trailing twelve months is around 4.20%, less than VPLS's 4.74% yield.

Position	TTM	2025	2024	2023
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.20%	4.24%	4.47%	1.83%
VPLS Vanguard Core-Plus Bond ETF	4.74%	4.78%	4.52%	0.18%

Frequently Asked Questions

Can I hold both JPLD and VPLS in my portfolio?

JPLD and VPLS have a correlation of 0.66, 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 VPLS?

VPLS has higher volatility (1.28%) compared to JPLD (0.38%). In terms of maximum drawdown, JPLD dropped -1.17% vs VPLS's -4.17%.

Which ETF is better, JPLD or VPLS?

On 1-year performance, VPLS leads with 5.74% vs 4.65% for JPLD. On fees, VPLS is cheaper at 0.20% per year. On volatility, JPLD has been the lower-risk option at 0.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPLD or VPLS?

Over the 1-year period, VPLS has performed better with a 5.74% return vs 4.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPLD or VPLS?

VPLS is cheaper with a 0.20% expense ratio, compared with 0.24% for JPLD.

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

VPLS has the higher dividend yield at 4.74%, compared with 4.20% for JPLD.

What is the main difference between JPLD and VPLS?

JPLD is categorized as Short-Term Bond, while VPLS is Intermediate Core-Plus Bond. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.24% for JPLD and 0.20% for VPLS.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (3.25 vs 1.61), 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.