JPST vs. LVHI
JPST (JPMorgan Ultra-Short Income ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - JPST is a Ultrashort Bond fund actively managed by JPMorgan, while LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. JPST is actively managed, while LVHI is passively managed. Over the past 5 years, JPST returned 3.63%/yr vs 15.97%/yr for LVHI. At a 0.05 correlation, their price movements are largely independent. JPST charges 0.18%/yr vs 0.40%/yr for LVHI.
Performance
JPST vs. LVHI - Performance Comparison
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Returns By Period
In the year-to-date period, JPST achieves a 1.50% return, which is significantly lower than LVHI's 13.78% return.
JPST
- 1D
- 0.02%
- 1M
- 0.31%
- YTD
- 1.50%
- 6M
- 1.76%
- 1Y
- 4.27%
- 3Y*
- 5.19%
- 5Y*
- 3.63%
- 10Y*
- —
LVHI
- 1D
- 0.49%
- 1M
- 1.67%
- YTD
- 13.78%
- 6M
- 14.96%
- 1Y
- 32.13%
- 3Y*
- 21.52%
- 5Y*
- 15.97%
- 10Y*
- —
JPST vs. LVHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPST JPMorgan Ultra-Short Income ETF | 1.50% | 4.99% | 5.58% | 5.13% | 1.14% | 0.11% | 2.18% | 3.34% | 2.23% | 0.98% |
LVHI Franklin International Low Volatility High Dividend Index ETF | 13.78% | 27.12% | 14.81% | 17.45% | 3.84% | 18.19% | -8.76% | 18.35% | -5.22% | 1.65% |
Correlation
The correlation between JPST and LVHI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since May 19, 2017 | 0.05 |
The correlation between JPST and LVHI shifts across timeframes, from 0.05 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
JPST vs. LVHI — Risk / Return Rank
JPST
LVHI
JPST vs. LVHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Ultra-Short Income ETF (JPST) and Franklin International Low Volatility High Dividend Index ETF (LVHI). 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 | LVHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.82 | ||
| Sortino ratioReturn per unit of downside risk | +13.28 | ||
| Omega ratioGain probability vs. loss probability | 3.97 | 1.63 | +2.34 |
| Calmar ratioReturn relative to maximum drawdown | 29.02 | 5.23 | +23.79 |
| Martin ratioReturn relative to average drawdown | 142.45 | 21.61 | +120.84 |
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Drawdowns
JPST vs. LVHI - Drawdown Comparison
The maximum JPST drawdown since its inception was -3.28%, smaller than the maximum LVHI drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for JPST and LVHI.
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Drawdown Indicators
| JPST | LVHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.28% | -32.31% | +29.03% |
Max Drawdown (1Y)Largest decline over 1 year | -0.15% | -6.08% | +5.93% |
Max Drawdown (3Y)Largest decline over 3 years | -0.30% | -11.99% | +11.69% |
Max Drawdown (5Y)Largest decline over 5 years | -0.79% | -11.99% | +11.20% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.08% | -3.51% | +3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | 1.48% | -1.45% |
Volatility
JPST vs. LVHI - Volatility Comparison
The current volatility for JPMorgan Ultra-Short Income ETF (JPST) is 0.16%, while Franklin International Low Volatility High Dividend Index ETF (LVHI) has a volatility of 2.78%. This indicates that JPST experiences smaller price fluctuations and is considered to be less risky than LVHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPST | LVHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.16% | 2.78% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 0.36% | 7.72% | -7.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.53% | 9.60% | -9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.58% | 11.08% | -10.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.93% | 13.75% | -12.82% |
JPST vs. LVHI - Expense Ratio Comparison
JPST has a 0.18% expense ratio, which is lower than LVHI's 0.40% expense ratio.
Dividends
JPST vs. LVHI - Dividend Comparison
JPST's dividend yield for the trailing twelve months is around 4.25%, less than LVHI's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
JPST JPMorgan Ultra-Short Income ETF | 4.25% | 4.43% | 5.16% | 4.79% | 1.83% | 0.73% | 1.43% | 2.69% | 2.07% | 0.96% | 0.00% |
LVHI Franklin International Low Volatility High Dividend Index ETF | 4.69% | 4.92% | 3.98% | 8.12% | 7.74% | 4.13% | 3.97% | 6.67% | 10.67% | 3.38% | 2.02% |
Frequently Asked Questions
JPST and LVHI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LVHI has higher volatility (2.78%) compared to JPST (0.16%). In terms of maximum drawdown, JPST dropped -3.28% vs LVHI's -32.31%.
On 5-year performance, LVHI leads with 15.97% vs 3.63% for JPST. On fees, JPST is cheaper at 0.18% per year. On volatility, JPST has been the lower-risk option at 0.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, LVHI has performed better with a 15.97% return vs 3.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JPST is cheaper with a 0.18% expense ratio, compared with 0.40% for LVHI.
LVHI has the higher dividend yield at 4.69%, compared with 4.25% for JPST.
JPST is categorized as Ultrashort Bond, while LVHI is Volatility Hedged Equity. They also come from different issuers: JPMorgan and Franklin Templeton. Their fees differ too: 0.18% for JPST and 0.40% for LVHI.
JPST currently has the higher Sharpe Ratio (8.13 vs 3.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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