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JPST vs. ICSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


JPSTICSH
YTD Return1.65%1.59%
1Y Return5.31%5.55%
3Y Return (Ann)2.63%2.71%
5Y Return (Ann)2.44%2.36%
Sharpe Ratio9.5211.20
Daily Std Dev0.56%0.50%
Max Drawdown-3.28%-3.94%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.3

The correlation between JPST and ICSH is 0.35, 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

JPST vs. ICSH - Performance Comparison

The year-to-date returns for both stocks are quite close, with JPST having a 1.65% return and ICSH slightly lower at 1.59%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%NovemberDecember2024FebruaryMarchApril
3.08%
2.90%
JPST
ICSH

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


JPMorgan Ultra-Short Income ETF

iShares Ultra Short-Term Bond ETF

JPST vs. ICSH - Expense Ratio Comparison

JPST has a 0.18% expense ratio, which is higher than ICSH's 0.08% 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%.


JPST
JPMorgan Ultra-Short Income ETF
Expense ratio chart for JPST: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%
Expense ratio chart for ICSH: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

JPST vs. ICSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Ultra-Short Income ETF (JPST) and iShares Ultra Short-Term Bond ETF (ICSH). 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.


JPST
Sharpe ratio
The chart of Sharpe ratio for JPST, currently valued at 9.52, compared to the broader market-1.000.001.002.003.004.009.52
Sortino ratio
The chart of Sortino ratio for JPST, currently valued at 21.24, compared to the broader market-2.000.002.004.006.008.0021.24
Omega ratio
The chart of Omega ratio for JPST, currently valued at 4.72, compared to the broader market1.001.502.004.72
Calmar ratio
The chart of Calmar ratio for JPST, currently valued at 19.23, compared to the broader market0.002.004.006.008.0010.0019.23
Martin ratio
The chart of Martin ratio for JPST, currently valued at 144.65, compared to the broader market0.0010.0020.0030.0040.0050.0060.00144.65
ICSH
Sharpe ratio
The chart of Sharpe ratio for ICSH, currently valued at 11.20, compared to the broader market-1.000.001.002.003.004.0011.20
Sortino ratio
The chart of Sortino ratio for ICSH, currently valued at 28.45, compared to the broader market-2.000.002.004.006.008.0028.46
Omega ratio
The chart of Omega ratio for ICSH, currently valued at 6.12, compared to the broader market1.001.502.006.12
Calmar ratio
The chart of Calmar ratio for ICSH, currently valued at 56.08, compared to the broader market0.002.004.006.008.0010.0056.08
Martin ratio
The chart of Martin ratio for ICSH, currently valued at 391.00, compared to the broader market0.0010.0020.0030.0040.0050.0060.00391.00

JPST vs. ICSH - Sharpe Ratio Comparison

The current JPST Sharpe Ratio is 9.52, which roughly equals the ICSH Sharpe Ratio of 11.20. The chart below compares the 12-month rolling Sharpe Ratio of JPST and ICSH.


Rolling 12-month Sharpe Ratio8.009.0010.0011.00NovemberDecember2024FebruaryMarchApril
9.52
11.20
JPST
ICSH

Dividends

JPST vs. ICSH - Dividend Comparison

JPST's dividend yield for the trailing twelve months is around 5.07%, which matches ICSH's 5.03% yield.


TTM2023202220212020201920182017201620152014
JPST
JPMorgan Ultra-Short Income ETF
5.07%4.79%1.83%0.73%1.43%2.69%2.07%0.96%0.00%0.00%0.00%
ICSH
iShares Ultra Short-Term Bond ETF
5.03%4.78%1.66%0.42%1.21%2.61%2.20%1.36%0.88%0.54%0.46%

Drawdowns

JPST vs. ICSH - Drawdown Comparison

The maximum JPST drawdown since its inception was -3.28%, smaller than the maximum ICSH drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for JPST and ICSH. For additional features, visit the drawdowns tool.


-0.08%-0.06%-0.04%-0.02%0.00%NovemberDecember2024FebruaryMarchApril00
JPST
ICSH

Volatility

JPST vs. ICSH - Volatility Comparison

JPMorgan Ultra-Short Income ETF (JPST) has a higher volatility of 0.14% compared to iShares Ultra Short-Term Bond ETF (ICSH) at 0.12%. This indicates that JPST's price experiences larger fluctuations and is considered to be riskier than ICSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.12%0.14%0.16%0.18%NovemberDecember2024FebruaryMarchApril
0.14%
0.12%
JPST
ICSH