JPMB vs. BAC
Compare and contrast key facts about JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) and Bank of America Corporation (BAC).
JPMB is a passively managed fund by JPMorgan Chase that tracks the performance of the J.P. Morgan Emerging Markets Risk-Aware Bond Index. It was launched on Jan 29, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPMB or BAC.
Key characteristics
| JPMB | BAC | |
|---|---|---|
| YTD Return | 3.09% | 38.90% |
| 1Y Return | 12.20% | 70.18% |
| 3Y Return (Ann) | -1.79% | 1.87% |
| 5Y Return (Ann) | -0.13% | 9.72% |
| Sharpe Ratio | 1.63 | 2.92 |
| Sortino Ratio | 2.42 | 4.25 |
| Omega Ratio | 1.29 | 1.52 |
| Calmar Ratio | 0.67 | 1.70 |
| Martin Ratio | 7.15 | 12.84 |
| Ulcer Index | 1.65% | 5.48% |
| Daily Std Dev | 7.24% | 24.12% |
| Max Drawdown | -26.33% | -93.45% |
| Current Drawdown | -7.47% | -0.48% |
Correlation
The correlation between JPMB and BAC is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JPMB vs. BAC - Performance Comparison
In the year-to-date period, JPMB achieves a 3.09% return, which is significantly lower than BAC's 38.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
JPMB vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) and Bank of America Corporation (BAC). 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.
Dividends
JPMB vs. BAC - Dividend Comparison
JPMB's dividend yield for the trailing twelve months is around 6.17%, more than BAC's 2.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMB JPMorgan USD Emerging Markets Sovereign Bond ETF | 6.17% | 5.99% | 4.94% | 4.29% | 4.28% | 4.51% | 4.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BAC Bank of America Corporation | 2.14% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% | 0.26% |
Drawdowns
JPMB vs. BAC - Drawdown Comparison
The maximum JPMB drawdown since its inception was -26.33%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for JPMB and BAC. For additional features, visit the drawdowns tool.
Volatility
JPMB vs. BAC - Volatility Comparison
The current volatility for JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is 2.17%, while Bank of America Corporation (BAC) has a volatility of 9.55%. This indicates that JPMB experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.