LBNDX vs. JPIE
Compare and contrast key facts about Lord Abbett Bond Debenture Fund (LBNDX) and JPMorgan Income ETF (JPIE).
LBNDX is managed by Lord Abbett. It was launched on Mar 31, 1971. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LBNDX or JPIE.
Performance
LBNDX vs. JPIE - Performance Comparison
Returns By Period
In the year-to-date period, LBNDX achieves a 7.45% return, which is significantly higher than JPIE's 5.57% return.
LBNDX
7.45%
0.89%
5.03%
11.74%
2.58%
3.57%
JPIE
5.57%
0.15%
4.12%
9.00%
N/A
N/A
Key characteristics
| LBNDX | JPIE | |
|---|---|---|
| Sharpe Ratio | 2.85 | 3.49 |
| Sortino Ratio | 4.46 | 5.56 |
| Omega Ratio | 1.62 | 1.79 |
| Calmar Ratio | 0.99 | 3.14 |
| Martin Ratio | 18.02 | 22.98 |
| Ulcer Index | 0.60% | 0.39% |
| Daily Std Dev | 3.77% | 2.58% |
| Max Drawdown | -26.23% | -9.96% |
| Current Drawdown | -1.73% | -0.60% |
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LBNDX vs. JPIE - Expense Ratio Comparison
LBNDX has a 0.77% expense ratio, which is higher than JPIE's 0.41% expense ratio.
Correlation
The correlation between LBNDX and JPIE is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
LBNDX vs. JPIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Bond Debenture Fund (LBNDX) and JPMorgan Income ETF (JPIE). 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.
Dividends
LBNDX vs. JPIE - Dividend Comparison
LBNDX's dividend yield for the trailing twelve months is around 5.73%, less than JPIE's 6.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LBNDX Lord Abbett Bond Debenture Fund | 5.73% | 5.12% | 5.06% | 3.81% | 3.71% | 4.01% | 4.78% | 4.24% | 4.64% | 4.72% | 6.95% | 5.33% |
JPIE JPMorgan Income ETF | 6.19% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LBNDX vs. JPIE - Drawdown Comparison
The maximum LBNDX drawdown since its inception was -26.23%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for LBNDX and JPIE. For additional features, visit the drawdowns tool.
Volatility
LBNDX vs. JPIE - Volatility Comparison
Lord Abbett Bond Debenture Fund (LBNDX) has a higher volatility of 0.97% compared to JPMorgan Income ETF (JPIE) at 0.42%. This indicates that LBNDX's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.