JPMB vs. JPM
Compare and contrast key facts about JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) and JPMorgan Chase & Co. (JPM).
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 JPM.
Key characteristics
| JPMB | JPM | |
|---|---|---|
| YTD Return | 2.65% | 45.59% |
| 1Y Return | 10.44% | 65.38% |
| 3Y Return (Ann) | -1.82% | 16.51% |
| 5Y Return (Ann) | -0.23% | 16.67% |
| Sharpe Ratio | 1.41 | 2.91 |
| Sortino Ratio | 2.07 | 3.71 |
| Omega Ratio | 1.25 | 1.59 |
| Calmar Ratio | 0.60 | 6.60 |
| Martin Ratio | 5.95 | 20.08 |
| Ulcer Index | 1.68% | 3.33% |
| Daily Std Dev | 7.08% | 22.95% |
| Max Drawdown | -26.33% | -74.02% |
| Current Drawdown | -7.86% | -2.10% |
Correlation
The correlation between JPMB and JPM is 0.21, 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. JPM - Performance Comparison
In the year-to-date period, JPMB achieves a 2.65% return, which is significantly lower than JPM's 45.59% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
JPMB vs. JPM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) and JPMorgan Chase & Co. (JPM). 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. JPM - Dividend Comparison
JPMB's dividend yield for the trailing twelve months is around 6.19%, more than JPM's 1.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMB JPMorgan USD Emerging Markets Sovereign Bond ETF | 6.19% | 5.99% | 4.94% | 4.29% | 4.28% | 4.51% | 4.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JPM JPMorgan Chase & Co. | 1.90% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% | 2.33% |
Drawdowns
JPMB vs. JPM - Drawdown Comparison
The maximum JPMB drawdown since its inception was -26.33%, smaller than the maximum JPM drawdown of -74.02%. Use the drawdown chart below to compare losses from any high point for JPMB and JPM. For additional features, visit the drawdowns tool.
Volatility
JPMB vs. JPM - Volatility Comparison
The current volatility for JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is 2.13%, while JPMorgan Chase & Co. (JPM) has a volatility of 12.51%. This indicates that JPMB experiences smaller price fluctuations and is considered to be less risky than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.