JSDUX vs. GPARX

Last updated Aug 1, 2026

JSDUX (JPMorgan Short Duration Bond Fund Class R6) and GPARX (GuidePath Absolute Return Allocation Fund) are both Short-Term Bond funds. Over the past 10 years, JSDUX returned 2.35%/yr vs 3.19%/yr for GPARX. Their 0.39 correlation means their historical movements had little consistent relationship. JSDUX charges 0.28%/yr vs 0.99%/yr for GPARX.

Performance

JSDUX vs. GPARX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Short Duration Bond Fund Class R6 (JSDUX) and GuidePath Absolute Return Allocation Fund (GPARX). 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 GPARX's 8.09% return. Over the past 10 years, JSDUX has underperformed GPARX with an annualized return of 2.35%, while GPARX has yielded a comparatively higher 3.19% 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%

GPARX

• 1D: 0.68%
• 1M: 1.96%
• 6M: 4.62%
• YTD: 8.09%
• 1Y: 11.66%
• 3Y*: 7.82%
• 5Y*: 2.83%
• 10Y*: 3.19%
• ALL TIME*: 2.96%

*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)
GPARX GuidePath Absolute Return Allocation Fund	$0.00	$0.00	$0.00
JSDUX JPMorgan Short Duration Bond Fund Class R6	$0.00	$0.00	$0.00

JSDUX vs. GPARX - 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%
GPARX GuidePath Absolute Return Allocation Fund	8.09%	7.42%	4.20%	6.87%	-10.82%	0.75%	3.92%	7.47%	-1.64%	4.50%

Correlation

The correlation between JSDUX and GPARX is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.12
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (5Y) Shows whether the relationship held over a longer period.	0.60
Correlation (10Y) Provides a long-term view across more market conditions.	0.46
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012	0.39

Over the past year, the correlation between JSDUX and GPARX has dropped to 0.12 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

JSDUX vs. GPARX — 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

GPARX

GPARX Risk / Return Rank: 69
GPARX Sharpe Ratio Rank: 69
GPARX Sortino Ratio Rank: 61
GPARX Omega Ratio Rank: 75
GPARX Calmar Ratio Rank: 79
GPARX Martin Ratio Rank: 61

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. GPARX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Short Duration Bond Fund Class R6 (JSDUX) and GuidePath Absolute Return Allocation Fund (GPARX). 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	GPARX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.63	+0.37
Sortino ratio: Return per unit of downside risk	3.15	2.16	+0.99
Omega ratio: Gain probability vs. loss probability	1.44	1.33	+0.11
Calmar ratio: Return relative to maximum drawdown	2.74	2.60	+0.14
Martin ratio: Return relative to average drawdown	7.81	7.90	-0.08

JSDUX vs. GPARX - Sharpe Ratio Comparison

The current JSDUX Sharpe Ratio is 1.99, which is comparable to the GPARX Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of JSDUX and GPARX, 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. GPARX - Drawdown Comparison

The maximum JSDUX drawdown since its inception was -5.69%, smaller than the maximum GPARX drawdown of -15.56%. Use the drawdown chart below to compare losses from any high point for JSDUX and GPARX.

Drawdown Indicators

	JSDUX	GPARX	Difference
Max Drawdown Largest peak-to-trough decline	-5.69%	-15.56%	+9.87%
Max Drawdown (1Y) Largest decline over 1 year	-1.09%	-4.68%	+3.59%
Max Drawdown (3Y) Largest decline over 3 years	-1.09%	-4.68%	+3.59%
Max Drawdown (5Y) Largest decline over 5 years	-5.69%	-15.56%	+9.87%
Max Drawdown (10Y) Largest decline over 10 years	-5.69%	-15.56%	+9.87%
Current Drawdown Current decline from peak	-0.39%	-2.34%	+1.95%
Average Drawdown Average peak-to-trough decline	-0.46%	-2.38%	+1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	1.54%	-1.16%

Volatility

JSDUX vs. GPARX - Volatility Comparison

The current volatility for JPMorgan Short Duration Bond Fund Class R6 (JSDUX) is 0.38%, while GuidePath Absolute Return Allocation Fund (GPARX) has a volatility of 2.28%. This indicates that JSDUX experiences smaller price fluctuations and is considered to be less risky than GPARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JSDUX	GPARX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	2.28%	-1.90%
Volatility (6M) Calculated over the trailing 6-month period	1.13%	6.45%	-5.32%
Volatility (1Y) Calculated over the trailing 1-year period	1.51%	7.48%	-5.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.02%	5.27%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.68%	4.36%	-2.68%

JSDUX vs. GPARX - Expense Ratio Comparison

JSDUX has a 0.28% expense ratio, which is lower than GPARX's 0.99% expense ratio.

Dividends

JSDUX vs. GPARX - Dividend Comparison

JSDUX's dividend yield for the trailing twelve months is around 3.53%, more than GPARX's 3.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GPARX GuidePath Absolute Return Allocation Fund	3.06%	3.31%	4.99%	4.81%	2.42%	1.99%	2.45%	2.76%	2.27%	1.60%	3.17%	2.15%
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 GPARX in my portfolio?

JSDUX and GPARX have a correlation of 0.12, 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 GPARX?

GPARX has higher volatility (2.28%) compared to JSDUX (0.38%). In terms of maximum drawdown, JSDUX dropped -5.69% vs GPARX's -15.56%.

Which has better risk-adjusted returns?

JSDUX currently has the higher Sharpe Ratio (1.99 vs 1.63), 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.