Correlation
The correlation between LDUR and JNK is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
LDUR vs. JNK
Compare and contrast key facts about PIMCO Enhanced Low Duration Active ETF (LDUR) and SPDR Barclays High Yield Bond ETF (JNK).
LDUR and JNK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LDUR is an actively managed fund by PIMCO. It was launched on Jan 22, 2014. JNK is a passively managed fund by State Street that tracks the performance of the Barclays Capital High Yield Very Liquid Index. It was launched on Nov 28, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LDUR or JNK.
Performance
LDUR vs. JNK - Performance Comparison
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Key characteristics
LDUR:
2.88
JNK:
1.55
LDUR:
4.46
JNK:
2.28
LDUR:
1.56
JNK:
1.33
LDUR:
5.29
JNK:
1.81
LDUR:
24.45
JNK:
9.28
LDUR:
0.25%
JNK:
0.98%
LDUR:
2.15%
JNK:
5.90%
LDUR:
-8.68%
JNK:
-38.48%
LDUR:
0.00%
JNK:
0.00%
Returns By Period
In the year-to-date period, LDUR achieves a 2.24% return, which is significantly lower than JNK's 2.72% return. Over the past 10 years, LDUR has underperformed JNK with an annualized return of 2.19%, while JNK has yielded a comparatively higher 3.77% annualized return.
LDUR
2.24%
0.27%
2.59%
6.04%
3.50%
1.94%
2.19%
JNK
2.72%
1.71%
1.82%
8.63%
5.78%
4.67%
3.77%
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LDUR vs. JNK - Expense Ratio Comparison
LDUR has a 0.56% expense ratio, which is higher than JNK's 0.40% expense ratio.
Risk-Adjusted Performance
LDUR vs. JNK — Risk-Adjusted Performance Rank
LDUR
JNK
LDUR vs. JNK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Low Duration Active ETF (LDUR) and SPDR Barclays High Yield Bond ETF (JNK). 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.
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Dividends
LDUR vs. JNK - Dividend Comparison
LDUR's dividend yield for the trailing twelve months is around 4.74%, less than JNK's 6.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDUR PIMCO Enhanced Low Duration Active ETF | 4.74% | 4.77% | 4.87% | 2.22% | 0.90% | 2.15% | 3.14% | 3.03% | 2.08% | 1.85% | 2.92% | 1.66% |
JNK SPDR Barclays High Yield Bond ETF | 6.62% | 6.63% | 6.38% | 6.06% | 4.27% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.59% | 5.99% |
Drawdowns
LDUR vs. JNK - Drawdown Comparison
The maximum LDUR drawdown since its inception was -8.68%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for LDUR and JNK.
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Volatility
LDUR vs. JNK - Volatility Comparison
The current volatility for PIMCO Enhanced Low Duration Active ETF (LDUR) is 0.73%, while SPDR Barclays High Yield Bond ETF (JNK) has a volatility of 1.59%. This indicates that LDUR experiences smaller price fluctuations and is considered to be less risky than JNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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