LDUR vs. JPIE

Last updated Jun 24, 2026

LDUR (PIMCO Enhanced Low Duration Active ETF) and JPIE (JPMorgan Income ETF) are both exchange-traded funds - LDUR is a Short-Term Bond fund actively managed by PIMCO, while JPIE is a Multisector Bonds fund actively managed by JPMorgan. Both are actively managed. Over the past 3 years, LDUR returned 5.20%/yr vs 6.60%/yr for JPIE. At a 0.49 correlation, their price movements are largely independent. LDUR charges 0.54%/yr vs 0.40%/yr for JPIE.

Performance

LDUR vs. JPIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Enhanced Low Duration Active ETF (LDUR) and JPMorgan Income ETF (JPIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDUR achieves a 1.11% return, which is significantly lower than JPIE's 1.49% return.

LDUR

• 1D: 0.12%
• 1M: 0.33%
• YTD: 1.11%
• 6M: 1.29%
• 1Y: 4.15%
• 3Y*: 5.20%
• 5Y*: 2.31%
• 10Y*: 2.46%

JPIE

• 1D: 0.02%
• 1M: 0.50%
• YTD: 1.49%
• 6M: 1.65%
• 1Y: 5.35%
• 3Y*: 6.60%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LDUR vs. JPIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LDUR PIMCO Enhanced Low Duration Active ETF	1.11%	5.76%	5.14%	4.78%	-4.23%	-0.57%
JPIE JPMorgan Income ETF	1.49%	7.39%	6.32%	7.07%	-6.13%	0.27%

Correlation

The correlation between LDUR and JPIE is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021	0.49

The correlation between LDUR and JPIE shifts across timeframes, from 0.49 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

LDUR vs. JPIE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LDUR

LDUR Risk / Return Rank: 89
LDUR Sharpe Ratio Rank: 88
LDUR Sortino Ratio Rank: 91
LDUR Omega Ratio Rank: 89
LDUR Calmar Ratio Rank: 86
LDUR Martin Ratio Rank: 92

JPIE

JPIE Risk / Return Rank: 93
JPIE Sharpe Ratio Rank: 94
JPIE Sortino Ratio Rank: 96
JPIE Omega Ratio Rank: 96
JPIE Calmar Ratio Rank: 86
JPIE Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LDUR vs. JPIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Low Duration Active ETF (LDUR) 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.

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.

	LDUR	JPIE	Difference
Sharpe ratio: Return per unit of total volatility	2.70	3.33	-0.63
Sortino ratio: Return per unit of downside risk	4.07	5.14	-1.08
Omega ratio: Gain probability vs. loss probability	1.53	1.74	-0.21
Calmar ratio: Return relative to maximum drawdown	4.47	4.68	-0.21
Martin ratio: Return relative to average drawdown	21.51	22.79	-1.28

LDUR vs. JPIE - Sharpe Ratio Comparison

The current LDUR Sharpe Ratio is 2.70, which is comparable to the JPIE Sharpe Ratio of 3.33. The chart below compares the historical Sharpe Ratios of LDUR and JPIE, 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

LDUR vs. JPIE - Drawdown Comparison

The maximum LDUR drawdown since its inception was -8.68%, smaller than the maximum JPIE drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for LDUR and JPIE.

Drawdown Indicators

	LDUR	JPIE	Difference
Max Drawdown Largest peak-to-trough decline	-8.68%	-9.96%	+1.28%
Max Drawdown (1Y) Largest decline over 1 year	-0.93%	-1.15%	+0.22%
Max Drawdown (3Y) Largest decline over 3 years	-1.17%	-2.40%	+1.23%
Max Drawdown (5Y) Largest decline over 5 years	-6.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-8.68%	—	—
Current Drawdown Current decline from peak	-0.12%	-0.33%	+0.21%
Average Drawdown Average peak-to-trough decline	-0.85%	-2.07%	+1.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.19%	0.24%	-0.05%

Volatility

LDUR vs. JPIE - Volatility Comparison

The current volatility for PIMCO Enhanced Low Duration Active ETF (LDUR) is 0.46%, while JPMorgan Income ETF (JPIE) has a volatility of 0.59%. This indicates that LDUR experiences smaller price fluctuations and is considered to be less risky than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDUR	JPIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	0.59%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	1.13%	1.34%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	1.55%	1.61%	-0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.04%	3.51%	-1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.77%	3.51%	-0.74%

LDUR vs. JPIE - Expense Ratio Comparison

LDUR has a 0.54% expense ratio, which is higher than JPIE's 0.40% expense ratio.

Dividends

LDUR vs. JPIE - Dividend Comparison

LDUR's dividend yield for the trailing twelve months is around 4.34%, less than JPIE's 5.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPIE JPMorgan Income ETF	5.62%	5.65%	6.11%	5.70%	4.49%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LDUR PIMCO Enhanced Low Duration Active ETF	4.34%	4.60%	4.77%	4.11%	2.22%	0.90%	2.15%	3.14%	2.66%	2.08%	1.85%	2.92%

Frequently Asked Questions

Can I hold both LDUR and JPIE in my portfolio?

LDUR and JPIE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDUR or JPIE?

JPIE has higher volatility (0.59%) compared to LDUR (0.46%). In terms of maximum drawdown, LDUR dropped -8.68% vs JPIE's -9.96%.

Which ETF is better, LDUR or JPIE?

On 3-year performance, JPIE leads with 6.60% vs 5.20% for LDUR. On fees, JPIE is cheaper at 0.40% per year. On volatility, LDUR has been the lower-risk option at 0.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LDUR or JPIE?

Over the 3-year period, JPIE has performed better with a 6.60% return vs 5.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LDUR or JPIE?

JPIE is cheaper with a 0.40% expense ratio, compared with 0.54% for LDUR.

Which ETF pays a higher dividend yield, LDUR or JPIE?

JPIE has the higher dividend yield at 5.62%, compared with 4.34% for LDUR.

What is the main difference between LDUR and JPIE?

LDUR is categorized as Short-Term Bond, while JPIE is Multisector Bonds. They also come from different issuers: PIMCO and JPMorgan. Their fees differ too: 0.54% for LDUR and 0.40% for JPIE.

Which has better risk-adjusted returns?

JPIE currently has the higher Sharpe Ratio (3.33 vs 2.70), 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.