LTEBX vs. JPLD
Compare and contrast key facts about American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD).
LTEBX is managed by American Funds. It was launched on Oct 5, 1993. JPLD is an actively managed fund by JPMorgan. It was launched on Feb 2, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTEBX or JPLD.
Correlation
The correlation between LTEBX and JPLD is 0.44, 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
LTEBX vs. JPLD - Performance Comparison
Key characteristics
LTEBX:
0.76
JPLD:
3.46
LTEBX:
1.01
JPLD:
5.42
LTEBX:
1.18
JPLD:
1.78
LTEBX:
0.75
JPLD:
5.73
LTEBX:
3.22
JPLD:
25.92
LTEBX:
0.74%
JPLD:
0.26%
LTEBX:
3.15%
JPLD:
1.94%
LTEBX:
-8.45%
JPLD:
-1.17%
LTEBX:
-1.88%
JPLD:
-0.71%
Returns By Period
In the year-to-date period, LTEBX achieves a -0.29% return, which is significantly lower than JPLD's 1.23% return.
LTEBX
-0.29%
-1.08%
-0.76%
2.39%
0.67%
1.23%
JPLD
1.23%
-0.17%
1.80%
6.55%
N/A
N/A
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LTEBX vs. JPLD - Expense Ratio Comparison
LTEBX has a 0.57% expense ratio, which is higher than JPLD's 0.24% expense ratio.
Risk-Adjusted Performance
LTEBX vs. JPLD — Risk-Adjusted Performance Rank
LTEBX
JPLD
LTEBX vs. JPLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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
LTEBX vs. JPLD - Dividend Comparison
LTEBX's dividend yield for the trailing twelve months is around 2.45%, less than JPLD's 4.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTEBX American Funds Limited Term Tax-Exempt Bond Fund | 2.45% | 2.35% | 1.92% | 1.17% | 0.81% | 1.35% | 1.86% | 2.04% | 2.04% | 2.09% | 2.35% | 2.44% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.42% | 4.47% | 1.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LTEBX vs. JPLD - Drawdown Comparison
The maximum LTEBX drawdown since its inception was -8.45%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for LTEBX and JPLD. For additional features, visit the drawdowns tool.
Volatility
LTEBX vs. JPLD - Volatility Comparison
American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) has a higher volatility of 2.34% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.94%. This indicates that LTEBX's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.