JPST.L vs. QDIV.L
JPST.L (JPM USD Ultra-Short Income Active UCITS ETF USD (Dist)) and QDIV.L (iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)) are both exchange-traded funds - JPST.L is a Ultrashort Bond fund actively managed by JPMorgan, while QDIV.L is a Dividend fund tracking the MSCI USA High Dividend Yield Advanced Select Index USD. JPST.L is actively managed, while QDIV.L is passively managed. Over the past 5 years, JPST.L returned 3.67%/yr vs 11.98%/yr for QDIV.L. At a 0.04 correlation, their price movements are largely independent. JPST.L charges 0.18%/yr vs 0.35%/yr for QDIV.L.
Performance
JPST.L vs. QDIV.L - Performance Comparison
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Returns By Period
In the year-to-date period, JPST.L achieves a 1.80% return, which is significantly lower than QDIV.L's 14.53% return.
JPST.L
- 1D
- 0.03%
- 1M
- 0.22%
- 6M
- 1.65%
- YTD
- 1.80%
- 1Y
- 4.19%
- 3Y*
- 5.10%
- 5Y*
- 3.67%
- 10Y*
- —
QDIV.L
- 1D
- 0.53%
- 1M
- -0.03%
- 6M
- 11.73%
- YTD
- 14.53%
- 1Y
- 25.91%
- 3Y*
- 18.11%
- 5Y*
- 11.98%
- 10Y*
- 11.09%
JPST.L vs. QDIV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JPST.L JPM USD Ultra-Short Income Active UCITS ETF USD (Dist) | 1.80% | 5.06% | 5.58% | 5.04% | 1.11% | 0.02% | 2.34% | 3.40% | 2.03% |
QDIV.L iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) | 14.53% | 16.66% | 15.35% | 14.30% | -6.23% | 21.82% | 0.08% | 21.36% | -1.54% |
Correlation
The correlation between JPST.L and QDIV.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018 | 0.04 |
The correlation between JPST.L and QDIV.L shifts across timeframes, from 0.04 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JPST.L vs. QDIV.L — Risk / Return Rank
JPST.L
QDIV.L
JPST.L vs. QDIV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM USD Ultra-Short Income Active UCITS ETF USD (Dist) (JPST.L) and iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (QDIV.L). 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.
| JPST.L | QDIV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.96 | ||
| Sortino ratioReturn per unit of downside risk | +5.45 | ||
| Omega ratioGain probability vs. loss probability | 2.69 | 1.42 | +1.27 |
| Calmar ratioReturn relative to maximum drawdown | 12.14 | 3.23 | +8.92 |
| Martin ratioReturn relative to average drawdown | 90.60 | 12.68 | +77.92 |
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Drawdowns
JPST.L vs. QDIV.L - Drawdown Comparison
The maximum JPST.L drawdown since its inception was -3.13%, smaller than the maximum QDIV.L drawdown of -33.39%. Use the drawdown chart below to compare losses from any high point for JPST.L and QDIV.L.
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Drawdown Indicators
| JPST.L | QDIV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.13% | -33.39% | +30.26% |
Max Drawdown (1Y)Largest decline over 1 year | -0.34% | -7.99% | +7.65% |
Max Drawdown (3Y)Largest decline over 3 years | -0.46% | -17.36% | +16.90% |
Max Drawdown (5Y)Largest decline over 5 years | -0.87% | -17.36% | +16.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.39% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.93% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -0.10% | -3.36% | +3.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 2.04% | -1.99% |
Volatility
JPST.L vs. QDIV.L - Volatility Comparison
The current volatility for JPM USD Ultra-Short Income Active UCITS ETF USD (Dist) (JPST.L) is 0.19%, while iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) (QDIV.L) has a volatility of 2.98%. This indicates that JPST.L experiences smaller price fluctuations and is considered to be less risky than QDIV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPST.L | QDIV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.19% | 2.98% | -2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 0.49% | 8.95% | -8.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.79% | 11.24% | -10.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.69% | 14.45% | -13.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.90% | 15.08% | -14.18% |
JPST.L vs. QDIV.L - Expense Ratio Comparison
JPST.L has a 0.18% expense ratio, which is lower than QDIV.L's 0.35% expense ratio.
Dividends
JPST.L vs. QDIV.L - Dividend Comparison
JPST.L's dividend yield for the trailing twelve months is around 4.10%, more than QDIV.L's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPST.L JPM USD Ultra-Short Income Active UCITS ETF USD (Dist) | 4.10% | 4.29% | 5.28% | 4.46% | 1.16% | 0.67% | 1.90% | 2.66% | 1.80% | 0.00% | 0.00% | 0.00% |
QDIV.L iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist) | 1.50% | 1.67% | 1.93% | 2.00% | 2.27% | 2.08% | 2.50% | 2.36% | 2.44% | 2.15% | 2.32% | 2.47% |
Frequently Asked Questions
JPST.L and QDIV.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPST.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPST.L is cheaper with a 0.18% expense ratio, compared with 0.35% for QDIV.L.
JPST.L is categorized as Ultrashort Bond, while QDIV.L is Dividend. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.18% for JPST.L and 0.35% for QDIV.L.
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