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LSAT vs. JPST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LSAT and JPST is 0.05, 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.


-0.50.00.51.00.0

Performance

LSAT vs. JPST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leadershares Alphafactor Tactical Focused ETF (LSAT) and JPMorgan Ultra-Short Income ETF (JPST). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.65%
2.71%
LSAT
JPST

Key characteristics

Sharpe Ratio

LSAT:

1.51

JPST:

10.79

Sortino Ratio

LSAT:

2.13

JPST:

24.24

Omega Ratio

LSAT:

1.26

JPST:

5.54

Calmar Ratio

LSAT:

2.69

JPST:

56.26

Martin Ratio

LSAT:

7.85

JPST:

292.47

Ulcer Index

LSAT:

2.38%

JPST:

0.02%

Daily Std Dev

LSAT:

12.37%

JPST:

0.52%

Max Drawdown

LSAT:

-20.48%

JPST:

-3.28%

Current Drawdown

LSAT:

-5.52%

JPST:

0.00%

Returns By Period

In the year-to-date period, LSAT achieves a 19.56% return, which is significantly higher than JPST's 5.45% return.


LSAT

YTD

19.56%

1M

-4.91%

6M

7.65%

1Y

18.70%

5Y*

N/A

10Y*

N/A

JPST

YTD

5.45%

1M

0.37%

6M

2.71%

1Y

5.57%

5Y*

2.81%

10Y*

N/A

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LSAT vs. JPST - Expense Ratio Comparison

LSAT has a 0.99% expense ratio, which is higher than JPST's 0.18% expense ratio.


LSAT
Leadershares Alphafactor Tactical Focused ETF
Expense ratio chart for LSAT: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for JPST: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

LSAT vs. JPST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Leadershares Alphafactor Tactical Focused ETF (LSAT) and JPMorgan Ultra-Short Income ETF (JPST). 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.


Sharpe ratio
The chart of Sharpe ratio for LSAT, currently valued at 1.51, compared to the broader market0.002.004.001.5110.79
The chart of Sortino ratio for LSAT, currently valued at 2.13, compared to the broader market-2.000.002.004.006.008.0010.002.1324.24
The chart of Omega ratio for LSAT, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.265.54
The chart of Calmar ratio for LSAT, currently valued at 2.69, compared to the broader market0.005.0010.0015.002.6956.26
The chart of Martin ratio for LSAT, currently valued at 7.85, compared to the broader market0.0020.0040.0060.0080.00100.007.85292.47
LSAT
JPST

The current LSAT Sharpe Ratio is 1.51, which is lower than the JPST Sharpe Ratio of 10.79. The chart below compares the historical Sharpe Ratios of LSAT and JPST, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.002.004.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
1.51
10.79
LSAT
JPST

Dividends

LSAT vs. JPST - Dividend Comparison

LSAT's dividend yield for the trailing twelve months is around 1.29%, less than JPST's 5.21% yield.


TTM2023202220212020201920182017
LSAT
Leadershares Alphafactor Tactical Focused ETF
1.29%1.85%0.36%3.44%0.31%0.00%0.00%0.00%
JPST
JPMorgan Ultra-Short Income ETF
5.21%4.80%1.83%0.73%1.43%2.68%2.07%0.96%

Drawdowns

LSAT vs. JPST - Drawdown Comparison

The maximum LSAT drawdown since its inception was -20.48%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for LSAT and JPST. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.52%
0
LSAT
JPST

Volatility

LSAT vs. JPST - Volatility Comparison

Leadershares Alphafactor Tactical Focused ETF (LSAT) has a higher volatility of 3.30% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.15%. This indicates that LSAT's price experiences larger fluctuations and is considered to be riskier than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.30%
0.15%
LSAT
JPST
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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