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

Correlation

The correlation between JPST and VCSH is 0.41, 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.


-0.50.00.51.00.4

Performance

JPST vs. VCSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Ultra-Short Income ETF (JPST) and Vanguard Short-Term Corporate Bond ETF (VCSH). The values are adjusted to include any dividend payments, if applicable.

16.00%18.00%20.00%22.00%JulyAugustSeptemberOctoberNovemberDecember
22.36%
19.03%
JPST
VCSH

Key characteristics

Sharpe Ratio

JPST:

10.89

VCSH:

2.19

Sortino Ratio

JPST:

24.51

VCSH:

3.27

Omega Ratio

JPST:

5.59

VCSH:

1.42

Calmar Ratio

JPST:

56.90

VCSH:

3.91

Martin Ratio

JPST:

296.42

VCSH:

10.61

Ulcer Index

JPST:

0.02%

VCSH:

0.48%

Daily Std Dev

JPST:

0.52%

VCSH:

2.33%

Max Drawdown

JPST:

-3.28%

VCSH:

-12.86%

Current Drawdown

JPST:

-0.02%

VCSH:

-0.78%

Returns By Period

In the year-to-date period, JPST achieves a 5.43% return, which is significantly higher than VCSH's 4.68% return.


JPST

YTD

5.43%

1M

0.35%

6M

2.75%

1Y

5.57%

5Y*

2.80%

10Y*

N/A

VCSH

YTD

4.68%

1M

0.27%

6M

3.10%

1Y

4.95%

5Y*

1.92%

10Y*

2.34%

Compare stocks, funds, or ETFs

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


JPST vs. VCSH - Expense Ratio Comparison

JPST has a 0.18% expense ratio, which is higher than VCSH's 0.04% 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 VCSH: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

JPST vs. VCSH - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for JPST, currently valued at 10.89, compared to the broader market0.002.004.0010.892.19
The chart of Sortino ratio for JPST, currently valued at 24.51, compared to the broader market-2.000.002.004.006.008.0010.0024.513.27
The chart of Omega ratio for JPST, currently valued at 5.59, compared to the broader market0.501.001.502.002.503.005.591.42
The chart of Calmar ratio for JPST, currently valued at 56.90, compared to the broader market0.005.0010.0015.0056.903.91
The chart of Martin ratio for JPST, currently valued at 296.42, compared to the broader market0.0020.0040.0060.0080.00100.00296.4210.61
JPST
VCSH

The current JPST Sharpe Ratio is 10.89, which is higher than the VCSH Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of JPST and VCSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
10.89
2.19
JPST
VCSH

Dividends

JPST vs. VCSH - Dividend Comparison

JPST's dividend yield for the trailing twelve months is around 5.21%, more than VCSH's 3.60% yield.


TTM20232022202120202019201820172016201520142013
JPST
JPMorgan Ultra-Short Income ETF
5.21%4.80%1.83%0.73%1.43%2.68%2.07%0.96%0.00%0.00%0.00%0.00%
VCSH
Vanguard Short-Term Corporate Bond ETF
3.60%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%2.05%

Drawdowns

JPST vs. VCSH - Drawdown Comparison

The maximum JPST drawdown since its inception was -3.28%, smaller than the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for JPST and VCSH. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.02%
-0.78%
JPST
VCSH

Volatility

JPST vs. VCSH - Volatility Comparison

The current volatility for JPMorgan Ultra-Short Income ETF (JPST) is 0.16%, while Vanguard Short-Term Corporate Bond ETF (VCSH) has a volatility of 0.69%. This indicates that JPST experiences smaller price fluctuations and is considered to be less risky than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.20%0.30%0.40%0.50%0.60%0.70%0.80%JulyAugustSeptemberOctoberNovemberDecember
0.16%
0.69%
JPST
VCSH
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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