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.
Correlation
The correlation between LBNDX and JPIE is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LBNDX vs. JPIE - Performance Comparison
Key characteristics
LBNDX:
1.87
JPIE:
3.11
LBNDX:
2.74
JPIE:
4.68
LBNDX:
1.37
JPIE:
1.66
LBNDX:
0.76
JPIE:
6.31
LBNDX:
10.64
JPIE:
18.13
LBNDX:
0.65%
JPIE:
0.39%
LBNDX:
3.69%
JPIE:
2.30%
LBNDX:
-26.23%
JPIE:
-9.96%
LBNDX:
-2.21%
JPIE:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with LBNDX having a 6.92% return and JPIE slightly lower at 6.69%.
LBNDX
6.92%
-0.49%
3.69%
7.22%
2.11%
3.58%
JPIE
6.69%
1.06%
4.27%
7.11%
N/A
N/A
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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.
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 5.82%, less than JPIE's 6.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LBNDX Lord Abbett Bond Debenture Fund | 5.82% | 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 | 6.13% | 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 1.23% compared to JPMorgan Income ETF (JPIE) at 0.71%. 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.