JSDUX vs. TNSHX
JSDUX (JPMorgan Short Duration Bond Fund Class R6) and TNSHX (TIAA-CREF Short-Term Bond Index Fund) are both Short-Term Bond funds. Over the past 10 years, JSDUX returned 2.35%/yr vs 1.80%/yr for TNSHX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. JSDUX charges 0.28%/yr vs 0.09%/yr for TNSHX.
Performance
JSDUX vs. TNSHX - Performance Comparison
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Returns By Period
In the year-to-date period, JSDUX achieves a 0.45% return, which is significantly lower than TNSHX's 0.63% return. Over the past 10 years, JSDUX has outperformed TNSHX with an annualized return of 2.35%, while TNSHX has yielded a comparatively lower 1.80% 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%
TNSHX
- 1D
- 0.00%
- 1M
- -0.21%
- 6M
- 0.39%
- YTD
- 0.63%
- 1Y
- 2.58%
- 3Y*
- 4.21%
- 5Y*
- 1.82%
- 10Y*
- 1.80%
- ALL TIME*
- 1.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JSDUX vs. TNSHX - 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% |
TNSHX TIAA-CREF Short-Term Bond Index Fund | 0.63% | 5.31% | 4.03% | 4.05% | -3.96% | -0.57% | 3.26% | 4.05% | 1.31% | 0.70% |
Correlation
The correlation between JSDUX and TNSHX is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.70 |
The correlation between JSDUX and TNSHX shifts across timeframes, from 0.66 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JSDUX vs. TNSHX — Risk / Return Rank
JSDUX
TNSHX
JSDUX vs. TNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Short Duration Bond Fund Class R6 (JSDUX) and TIAA-CREF Short-Term Bond Index Fund (TNSHX). 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 | TNSHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.44 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 3.01 | -0.27 |
| Martin ratioReturn relative to average drawdown | 7.81 | 11.11 | -3.29 |
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Drawdowns
JSDUX vs. TNSHX - Drawdown Comparison
The maximum JSDUX drawdown since its inception was -5.69%, smaller than the maximum TNSHX drawdown of -5.99%. Use the drawdown chart below to compare losses from any high point for JSDUX and TNSHX.
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Drawdown Indicators
| JSDUX | TNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.69% | -5.99% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -1.09% | -1.13% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -1.09% | -1.13% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -5.69% | -5.99% | +0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -5.69% | -5.99% | +0.30% |
Current DrawdownCurrent decline from peak | -0.39% | -0.21% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -0.46% | -0.88% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 0.31% | +0.07% |
Volatility
JSDUX vs. TNSHX - Volatility Comparison
JPMorgan Short Duration Bond Fund Class R6 (JSDUX) and TIAA-CREF Short-Term Bond Index Fund (TNSHX) have volatilities of 0.38% and 0.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JSDUX | TNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.38% | 0.39% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 1.13% | 1.43% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.51% | 1.86% | -0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.02% | 2.26% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.68% | 1.82% | -0.14% |
JSDUX vs. TNSHX - Expense Ratio Comparison
JSDUX has a 0.28% expense ratio, which is higher than TNSHX's 0.09% expense ratio.
Dividends
JSDUX vs. TNSHX - Dividend Comparison
JSDUX's dividend yield for the trailing twelve months is around 3.53%, less than TNSHX's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TNSHX TIAA-CREF Short-Term Bond Index Fund | 3.72% | 4.22% | 3.94% | 2.68% | 1.00% | 1.03% | 1.81% | 2.45% | 1.80% | 1.31% | 0.98% | 0.00% |
Frequently Asked Questions
JSDUX and TNSHX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TNSHX has higher volatility (0.39%) compared to JSDUX (0.38%). In terms of maximum drawdown, JSDUX dropped -5.69% vs TNSHX's -5.99%.
JSDUX currently has the higher Sharpe Ratio (1.99 vs 1.83), 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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