JSDUX vs. DFAIX

Last updated Aug 1, 2026

JSDUX (JPMorgan Short Duration Bond Fund Class R6) and DFAIX (DFA Short-Duration Real Return Portfolio) are both Short-Term Bond funds. Over the past 10 years, JSDUX returned 2.35%/yr vs 3.26%/yr for DFAIX. Their 0.38 correlation means their historical movements had little consistent relationship. JSDUX charges 0.28%/yr vs 0.22%/yr for DFAIX.

Performance

JSDUX vs. DFAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Short Duration Bond Fund Class R6 (JSDUX) and DFA Short-Duration Real Return Portfolio (DFAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JSDUX achieves a 0.45% return, which is significantly lower than DFAIX's 2.38% return. Over the past 10 years, JSDUX has underperformed DFAIX with an annualized return of 2.35%, while DFAIX has yielded a comparatively higher 3.26% annualized return.

JSDUX

• 1D: 0.00%
• 1M: 0.07%
• 6M: 0.21%
• YTD: 0.45%
• 1Y: 2.42%
• 3Y*: 4.74%
• 5Y*: 2.40%
• 10Y*: 2.35%
• ALL TIME*: 2.44%

DFAIX

• 1D: 0.00%
• 1M: 0.00%
• 6M: 1.70%
• YTD: 2.38%
• 1Y: 3.69%
• 3Y*: 5.42%
• 5Y*: 3.51%
• 10Y*: 3.26%
• ALL TIME*: 2.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFAIX DFA Short-Duration Real Return Portfolio	$0.00	$0.00	$0.00
JSDUX JPMorgan Short Duration Bond Fund Class R6	$0.00	$0.00	$0.00

JSDUX vs. DFAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JSDUX JPMorgan Short Duration Bond Fund Class R6	0.45%	5.26%	5.22%	5.46%	-3.65%	-0.01%	4.57%	4.52%	1.32%	1.12%
DFAIX DFA Short-Duration Real Return Portfolio	2.38%	4.86%	6.38%	5.64%	-2.77%	5.40%	2.75%	5.63%	0.11%	1.71%

Correlation

The correlation between JSDUX and DFAIX is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.26
Correlation (5Y) Shows whether the relationship held over a longer period.	0.41
Correlation (10Y) Provides a long-term view across more market conditions.	0.38
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.38

The correlation between JSDUX and DFAIX shifts across timeframes, from 0.26 (3 years) to 0.41 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JSDUX vs. DFAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JSDUX

JSDUX Risk / Return Rank: 78
JSDUX Sharpe Ratio Rank: 82
JSDUX Sortino Ratio Rank: 86
JSDUX Omega Ratio Rank: 86
JSDUX Calmar Ratio Rank: 81
JSDUX Martin Ratio Rank: 56

DFAIX

DFAIX Risk / Return Rank: 98
DFAIX Sharpe Ratio Rank: 98
DFAIX Sortino Ratio Rank: 97
DFAIX Omega Ratio Rank: 98
DFAIX Calmar Ratio Rank: 98
DFAIX Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JSDUX vs. DFAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Short Duration Bond Fund Class R6 (JSDUX) and DFA Short-Duration Real Return Portfolio (DFAIX). 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.

	JSDUX	DFAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	3.04	-1.05
Sortino ratio: Return per unit of downside risk	3.15	4.78	-1.64
Omega ratio: Gain probability vs. loss probability	1.44	1.83	-0.39
Calmar ratio: Return relative to maximum drawdown	2.74	7.91	-5.17
Martin ratio: Return relative to average drawdown	7.81	26.23	-18.42

JSDUX vs. DFAIX - Sharpe Ratio Comparison

The current JSDUX Sharpe Ratio is 1.99, which is lower than the DFAIX Sharpe Ratio of 3.04. The chart below compares the historical Sharpe Ratios of JSDUX and DFAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JSDUX vs. DFAIX - Drawdown Comparison

The maximum JSDUX drawdown since its inception was -5.69%, roughly equal to the maximum DFAIX drawdown of -5.63%. Use the drawdown chart below to compare losses from any high point for JSDUX and DFAIX.

Drawdown Indicators

	JSDUX	DFAIX	Difference
Max Drawdown Largest peak-to-trough decline	-5.69%	-5.63%	-0.06%
Max Drawdown (1Y) Largest decline over 1 year	-1.09%	-0.47%	-0.62%
Max Drawdown (3Y) Largest decline over 3 years	-1.09%	-3.12%	+2.03%
Max Drawdown (5Y) Largest decline over 5 years	-5.69%	-5.46%	-0.23%
Max Drawdown (10Y) Largest decline over 10 years	-5.69%	-5.63%	-0.06%
Current Drawdown Current decline from peak	-0.39%	-0.19%	-0.20%
Average Drawdown Average peak-to-trough decline	-0.46%	-0.93%	+0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	0.14%	+0.24%

Volatility

JSDUX vs. DFAIX - Volatility Comparison

The current volatility for JPMorgan Short Duration Bond Fund Class R6 (JSDUX) is 0.38%, while DFA Short-Duration Real Return Portfolio (DFAIX) has a volatility of 0.40%. This indicates that JSDUX experiences smaller price fluctuations and is considered to be less risky than DFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JSDUX	DFAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	0.40%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	1.13%	1.06%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	1.51%	1.23%	+0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.02%	3.18%	-1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.68%	2.55%	-0.87%

JSDUX vs. DFAIX - Expense Ratio Comparison

JSDUX has a 0.28% expense ratio, which is higher than DFAIX's 0.22% expense ratio.

Dividends

JSDUX vs. DFAIX - Dividend Comparison

JSDUX's dividend yield for the trailing twelve months is around 3.53%, less than DFAIX's 4.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFAIX DFA Short-Duration Real Return Portfolio	4.55%	4.65%	4.14%	3.66%	1.68%	0.98%	0.82%	2.53%	2.72%	1.71%	1.41%	1.29%
JSDUX JPMorgan Short Duration Bond Fund Class R6	3.53%	3.92%	4.05%	3.01%	1.52%	1.27%	2.09%	2.55%	1.96%	1.49%	1.20%	1.27%

Frequently Asked Questions

Can I hold both JSDUX and DFAIX in my portfolio?

JSDUX and DFAIX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JSDUX or DFAIX?

DFAIX has higher volatility (0.40%) compared to JSDUX (0.38%). In terms of maximum drawdown, JSDUX dropped -5.69% vs DFAIX's -5.63%.

Which has better risk-adjusted returns?

DFAIX currently has the higher Sharpe Ratio (3.04 vs 1.99), 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.