PortfoliosLab logoPortfoliosLab logo
JPST vs. STPZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

JPST vs. STPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Ultra-Short Income ETF (JPST) and PIMCO 1-5 Year US TIPS Index ETF (STPZ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, JPST achieves a 1.40% return, which is significantly lower than STPZ's 1.79% return.


JPST

1D
0.00%
1M
0.35%
YTD
1.40%
6M
1.74%
1Y
4.31%
3Y*
5.16%
5Y*
3.61%
10Y*

STPZ

1D
-0.00%
1M
-0.09%
YTD
1.79%
6M
1.77%
1Y
4.51%
3Y*
5.03%
5Y*
2.90%
10Y*
2.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JPST vs. STPZ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JPST
JPMorgan Ultra-Short Income ETF
1.40%4.99%5.58%5.13%1.14%0.11%2.18%3.34%2.23%1.00%
STPZ
PIMCO 1-5 Year US TIPS Index ETF
1.79%6.40%4.30%4.28%-4.49%5.64%5.44%4.83%0.04%0.01%

Correlation

The correlation between JPST and STPZ is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.55

Correlation (5Y)
Calculated over the trailing 5-year period

0.42

Correlation (All Time)
Calculated using the full available price history since May 22, 2017

0.32

The correlation between JPST and STPZ shifts across timeframes, from 0.32 (all time) to 0.55 (3 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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


Return for Risk

JPST vs. STPZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JPST
JPST Risk / Return Rank: 9999
Overall Rank
JPST Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
JPST Sortino Ratio Rank: 9999
Sortino Ratio Rank
JPST Omega Ratio Rank: 9999
Omega Ratio Rank
JPST Calmar Ratio Rank: 9999
Calmar Ratio Rank
JPST Martin Ratio Rank: 9999
Martin Ratio Rank

STPZ
STPZ Risk / Return Rank: 8282
Overall Rank
STPZ Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
STPZ Sortino Ratio Rank: 8686
Sortino Ratio Rank
STPZ Omega Ratio Rank: 8080
Omega Ratio Rank
STPZ Calmar Ratio Rank: 8686
Calmar Ratio Rank
STPZ Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JPST vs. STPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Ultra-Short Income ETF (JPST) and PIMCO 1-5 Year US TIPS Index ETF (STPZ). 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.


JPSTSTPZDifference
Sharpe ratioReturn per unit of total volatility

+5.61

Sortino ratioReturn per unit of downside risk

+13.66

Omega ratioGain probability vs. loss probability

3.94

1.49

+2.45

Calmar ratioReturn relative to maximum drawdown

29.16

4.87

+24.30

Martin ratioReturn relative to average drawdown

144.13

16.28

+127.84

JPST vs. STPZ - Sharpe Ratio Comparison

The current JPST Sharpe Ratio is 8.09, which is higher than the STPZ Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of JPST and STPZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Sharpe Ratios by Period


JPSTSTPZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

8.09

2.49

+5.61

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

6.32

0.89

+5.43

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

Sharpe Ratio (All Time)

Calculated using the full available price history

3.20

0.90

+2.30

Drawdowns

JPST vs. STPZ - Drawdown Comparison

The maximum JPST drawdown since its inception was -3.28%, smaller than the maximum STPZ drawdown of -6.77%. Use the drawdown chart below to compare losses from any high point for JPST and STPZ.


Loading charts...

Drawdown Indicators


JPSTSTPZDifference

Max Drawdown

Largest peak-to-trough decline

-3.28%

-6.77%

+3.49%

Max Drawdown (1Y)

Largest decline over 1 year

-0.15%

-0.93%

+0.78%

Max Drawdown (3Y)

Largest decline over 3 years

-0.30%

-1.35%

+1.05%

Max Drawdown (5Y)

Largest decline over 5 years

-0.79%

-6.70%

+5.91%

Max Drawdown (10Y)

Largest decline over 10 years

-6.77%

Current Drawdown

Current decline from peak

-0.02%

-0.11%

+0.09%

Average Drawdown

Average peak-to-trough decline

-0.08%

-1.31%

+1.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.03%

0.28%

-0.25%

Volatility

JPST vs. STPZ - Volatility Comparison

The current volatility for JPMorgan Ultra-Short Income ETF (JPST) is 0.15%, while PIMCO 1-5 Year US TIPS Index ETF (STPZ) has a volatility of 0.46%. This indicates that JPST experiences smaller price fluctuations and is considered to be less risky than STPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading charts...

Volatility by Period


JPSTSTPZDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.15%

0.46%

-0.31%

Volatility (6M)

Calculated over the trailing 6-month period

0.36%

1.20%

-0.84%

Volatility (1Y)

Calculated over the trailing 1-year period

0.54%

1.83%

-1.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.58%

3.29%

-2.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.93%

2.98%

-2.05%

JPST vs. STPZ - Expense Ratio Comparison

JPST has a 0.18% expense ratio, which is lower than STPZ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

JPST vs. STPZ - Dividend Comparison

JPST's dividend yield for the trailing twelve months is around 4.26%, more than STPZ's 4.10% yield.


PositionTTM20252024202320222021202020192018201720162015
JPST
JPMorgan Ultra-Short Income ETF
4.26%4.43%5.16%4.79%1.83%0.73%1.43%2.69%2.07%0.96%0.00%0.00%
STPZ
PIMCO 1-5 Year US TIPS Index ETF
4.10%3.65%1.97%1.63%5.88%3.65%1.86%1.76%2.23%1.51%0.65%0.49%

Frequently Asked Questions


JPST and STPZ have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

STPZ has higher volatility (0.46%) compared to JPST (0.15%). In terms of maximum drawdown, JPST dropped -3.28% vs STPZ's -6.77%.

On 5-year performance, JPST leads with 3.61% vs 2.90% for STPZ. On fees, JPST is cheaper at 0.18% per year. On volatility, JPST has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, JPST has performed better with a 3.61% return vs 2.90%. 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 0.20% for STPZ.

JPST has the higher dividend yield at 4.26%, compared with 4.10% for STPZ.

JPST is categorized as Ultrashort Bond, while STPZ is Inflation-Protected Bonds. They also come from different issuers: JPMorgan and PIMCO. Their fees differ too: 0.18% for JPST and 0.20% for STPZ.

JPST currently has the higher Sharpe Ratio (8.09 vs 2.49), 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.

Portfolio Optimizer

Find the right allocation for JPST and STPZ

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer