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JSDSX vs. EWG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JSDSX vs. EWG

Last updated Jun 4, 2026

JSDSX (JPMorgan Short Duration Core Plus Fund) and EWG (iShares MSCI Germany ETF) are both funds - JSDSX is a Short-Term Bond fund managed by JPMorgan, while EWG is a Europe Equities fund tracking the MSCI Germany Index. Over the past 10 years, JSDSX returned 3.32%/yr vs 7.59%/yr for EWG. At a 0.22 correlation, their price movements are largely independent. JSDSX charges 0.60%/yr vs 0.49%/yr for EWG.

Performance

JSDSX vs. EWG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Short Duration Core Plus Fund (JSDSX) and iShares MSCI Germany ETF (EWG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JSDSX achieves a 0.37% return, which is significantly lower than EWG's 0.64% return. Over the past 10 years, JSDSX has underperformed EWG with an annualized return of 3.32%, while EWG has yielded a comparatively higher 7.59% annualized return.

JSDSX

1D
0.00%
1M
0.26%
YTD
0.37%
6M
0.74%
1Y
4.34%
3Y*
5.39%
5Y*
2.28%
10Y*
3.32%

EWG

1D
-1.84%
1M
3.11%
YTD
0.64%
6M
4.44%
1Y
3.23%
3Y*
16.95%
5Y*
5.94%
10Y*
7.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JSDSX vs. EWG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
JSDSX
JPMorgan Short Duration Core Plus Fund		0.37%6.57%5.26%6.12%-5.95%0.21%5.13%6.03%0.87%4.09%
EWG
iShares MSCI Germany ETF		0.64%35.79%9.79%23.35%-22.27%5.84%10.09%19.15%-21.40%27.42%

Correlation

The correlation between JSDSX and EWG is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.41

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

0.29

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

0.30

Correlation (10Y)
Calculated over the trailing 10-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Apr 8, 2013

0.22

The correlation between JSDSX and EWG shifts across timeframes, from 0.20 (10 years) to 0.41 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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JPMorgan Short Duration Core Plus Fund

iShares MSCI Germany ETF

Often compared with JSDSX:
JSDSX vs. SPUSJSDSX vs. GPICXJSDSX vs. VIITXJSDSX vs. DLDFXJSDSX vs. TSDLXJSDSX vs. DHEIXJSDSX vs. DFEQX
Often compared with EWG:
EWG vs. EWQEWG vs. EWPEWG vs. SPYEWG vs. IEUREWG vs. FLGREWG vs. EFAEWG vs. VOO

Return for Risk

JSDSX vs. EWG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JSDSX
JSDSX Risk / Return Rank: 6666
Overall Rank
JSDSX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
JSDSX Sortino Ratio Rank: 8383
Sortino Ratio Rank
JSDSX Omega Ratio Rank: 8181
Omega Ratio Rank
JSDSX Calmar Ratio Rank: 5252
Calmar Ratio Rank
JSDSX Martin Ratio Rank: 4545
Martin Ratio Rank
EWG
EWG Risk / Return Rank: 1111
Overall Rank
EWG Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
EWG Sortino Ratio Rank: 1111
Sortino Ratio Rank
EWG Omega Ratio Rank: 1111
Omega Ratio Rank
EWG Calmar Ratio Rank: 1111
Calmar Ratio Rank
EWG Martin Ratio Rank: 1212
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.

JSDSX vs. EWG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Short Duration Core Plus Fund (JSDSX) and iShares MSCI Germany ETF (EWG). 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.

JSDSXEWGDifference
Sharpe ratioReturn per unit of total volatility
2.47
0.19

+2.28

Sortino ratioReturn per unit of downside risk
3.95
0.38

+3.56

Omega ratioGain probability vs. loss probability

1.53

1.05

+0.49

Calmar ratioReturn relative to maximum drawdown

2.76

0.22

+2.54

Martin ratioReturn relative to average drawdown

9.32

0.66

+8.66

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JSDSX vs. EWG - Sharpe Ratio Comparison

The current JSDSX Sharpe Ratio is 2.47, which is higher than the EWG Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of JSDSX and EWG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

JSDSXEWGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.47

0.19

+2.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.87

0.29

+0.58

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.41

0.36

+1.05

Sharpe Ratio (All Time)

Calculated using the full available price history

1.23

0.25

+0.98

Drawdowns

JSDSX vs. EWG - Drawdown Comparison

The maximum JSDSX drawdown since its inception was -8.93%, smaller than the maximum EWG drawdown of -67.57%. Use the drawdown chart below to compare losses from any high point for JSDSX and EWG.

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Drawdown Indicators

JSDSXEWGDifference

Max Drawdown

Largest peak-to-trough decline

-8.93%

-67.57%

+58.64%

Max Drawdown (1Y)

Largest decline over 1 year

-1.58%

-14.54%

+12.96%

Max Drawdown (3Y)

Largest decline over 3 years

-1.58%

-15.81%

+14.23%

Max Drawdown (5Y)

Largest decline over 5 years

-8.93%

-43.44%

+34.51%

Max Drawdown (10Y)

Largest decline over 10 years

-8.93%

-46.80%

+37.87%

Current Drawdown

Current decline from peak

-0.70%

-4.02%

+3.32%

Average Drawdown

Average peak-to-trough decline

-1.29%

-19.20%

+17.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.47%

4.89%

-4.42%

Volatility

JSDSX vs. EWG - Volatility Comparison

The current volatility for JPMorgan Short Duration Core Plus Fund (JSDSX) is 0.59%, while iShares MSCI Germany ETF (EWG) has a volatility of 6.49%. This indicates that JSDSX experiences smaller price fluctuations and is considered to be less risky than EWG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JSDSXEWGDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.59%

6.49%

-5.90%

Volatility (6M)

Calculated over the trailing 6-month period

1.25%

14.18%

-12.93%

Volatility (1Y)

Calculated over the trailing 1-year period

1.77%

17.28%

-15.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.63%

20.48%

-17.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.37%

21.11%

-18.74%

JSDSX vs. EWG - Expense Ratio Comparison

JSDSX has a 0.60% expense ratio, which is higher than EWG's 0.49% expense ratio.

Dividends

JSDSX vs. EWG - Dividend Comparison

JSDSX's dividend yield for the trailing twelve months is around 3.96%, more than EWG's 1.59% yield.

PositionTTM20252024202320222021202020192018201720162015
EWG
iShares MSCI Germany ETF		1.59%1.60%2.38%2.56%3.24%2.70%1.67%2.51%2.93%2.06%2.35%1.93%
JSDSX
JPMorgan Short Duration Core Plus Fund		3.96%3.88%3.91%3.33%2.51%1.86%2.39%2.66%2.68%3.93%4.72%4.81%

Frequently Asked Questions

JSDSX and EWG have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EWG has higher volatility (6.49%) compared to JSDSX (0.59%). In terms of maximum drawdown, JSDSX dropped -8.93% vs EWG's -67.57%.

JSDSX currently has the higher Sharpe Ratio (2.47 vs 0.19), 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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