JPMB vs. VOO
Compare and contrast key facts about JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) and Vanguard S&P 500 ETF (VOO).
JPMB and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both JPMB and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPMB or VOO.
Key characteristics
| JPMB | VOO | |
|---|---|---|
| YTD Return | 3.99% | 27.15% |
| 1Y Return | 13.09% | 39.90% |
| 3Y Return (Ann) | -1.90% | 10.28% |
| 5Y Return (Ann) | 0.10% | 16.00% |
| Sharpe Ratio | 1.67 | 3.15 |
| Sortino Ratio | 2.47 | 4.19 |
| Omega Ratio | 1.30 | 1.59 |
| Calmar Ratio | 0.69 | 4.60 |
| Martin Ratio | 7.40 | 21.00 |
| Ulcer Index | 1.64% | 1.85% |
| Daily Std Dev | 7.26% | 12.34% |
| Max Drawdown | -26.33% | -33.99% |
| Current Drawdown | -6.66% | 0.00% |
Correlation
The correlation between JPMB and VOO is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JPMB vs. VOO - Performance Comparison
In the year-to-date period, JPMB achieves a 3.99% return, which is significantly lower than VOO's 27.15% 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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JPMB vs. VOO - Expense Ratio Comparison
JPMB has a 0.39% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
JPMB vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
JPMB's dividend yield for the trailing twelve months is around 6.11%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMB JPMorgan USD Emerging Markets Sovereign Bond ETF | 6.11% | 5.99% | 4.94% | 4.29% | 4.28% | 4.51% | 4.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
JPMB vs. VOO - Drawdown Comparison
The maximum JPMB drawdown since its inception was -26.33%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for JPMB and VOO. For additional features, visit the drawdowns tool.
Volatility
JPMB vs. VOO - Volatility Comparison
The current volatility for JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is 2.05%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.95%. This indicates that JPMB experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.