LUBYX vs. JPST

Last updated Apr 1, 2026

Compare and contrast key facts about Lord Abbett Ultra Short Bond Fund (LUBYX) and JPMorgan Ultra-Short Income ETF (JPST).

LUBYX is managed by Lord Abbett. It was launched on Oct 17, 2016. JPST is an actively managed fund by JPMorgan. It was launched on May 17, 2017.

Performance

LUBYX vs. JPST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Ultra Short Bond Fund (LUBYX) and JPMorgan Ultra-Short Income ETF (JPST). The values are adjusted to include any dividend payments, if applicable.

LUBYX vs. JPST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LUBYX Lord Abbett Ultra Short Bond Fund	0.40%	4.99%	5.70%	5.16%	-0.38%	0.07%	1.27%	3.00%	2.09%	0.52%
JPST JPMorgan Ultra-Short Income ETF	0.71%	4.99%	5.58%	5.13%	1.14%	0.11%	2.18%	3.34%	2.23%	1.00%

Returns By Period

In the year-to-date period, LUBYX achieves a 0.40% return, which is significantly lower than JPST's 0.71% return.

LUBYX

• 1D: 0.10%
• 1M: -0.30%
• YTD: 0.40%
• 6M: 1.52%
• 1Y: 4.15%
• 3Y*: 4.91%
• 5Y*: 3.15%
• 10Y*: —

JPST

• 1D: 0.08%
• 1M: 0.03%
• YTD: 0.71%
• 6M: 1.89%
• 1Y: 4.41%
• 3Y*: 5.12%
• 5Y*: 3.50%
• 10Y*: —

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

LUBYX vs. JPST - Expense Ratio Comparison

LUBYX has a 0.28% expense ratio, which is higher than JPST's 0.18% expense ratio.

LUBYX

Lord Abbett Ultra Short Bond Fund

JPST

JPMorgan Ultra-Short Income ETF

Return for Risk

LUBYX vs. JPST — Risk / Return Rank

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

LUBYX

LUBYX Risk / Return Rank: 99
LUBYX Sharpe Ratio Rank: 98
LUBYX Sortino Ratio Rank: 100
LUBYX Omega Ratio Rank: 99
LUBYX Calmar Ratio Rank: 99
LUBYX Martin Ratio Rank: 99

JPST

JPST Risk / Return Rank: 99
JPST Sharpe Ratio Rank: 99
JPST Sortino Ratio Rank: 99
JPST Omega Ratio Rank: 99
JPST Calmar Ratio Rank: 99
JPST Martin Ratio Rank: 99

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.

LUBYX vs. JPST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Ultra Short Bond Fund (LUBYX) 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.

	LUBYX	JPST	Difference
Sharpe ratio Return per unit of total volatility	3.09	7.27	-4.18
Sortino ratio Return per unit of downside risk	10.34	13.92	-3.58
Omega ratio Gain probability vs. loss probability	3.37	3.41	-0.05
Calmar ratio Return relative to maximum drawdown	11.49	14.93	-3.44
Martin ratio Return relative to average drawdown	46.88	94.51	-47.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LUBYX vs. JPST - Sharpe Ratio Comparison

The current LUBYX Sharpe Ratio is 3.09, which is lower than the JPST Sharpe Ratio of 7.27. The chart below compares the historical Sharpe Ratios of LUBYX 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.

Sharpe Ratios by Period

	LUBYX	JPST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.09	7.27	-4.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.36	6.16	-3.79
Sharpe Ratio (All Time) Calculated using the full available price history	2.18	3.16	-0.98

Correlation

The correlation between LUBYX and JPST is 0.30, 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.

Dividends

LUBYX vs. JPST - Dividend Comparison

LUBYX's dividend yield for the trailing twelve months is around 4.17%, less than JPST's 4.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LUBYX Lord Abbett Ultra Short Bond Fund	4.17%	4.66%	4.72%	3.69%	1.33%	0.57%	1.16%	2.55%	2.27%	0.52%
JPST JPMorgan Ultra-Short Income ETF	4.36%	4.43%	5.16%	4.79%	1.83%	0.73%	1.43%	2.69%	2.07%	0.96%

Drawdowns

LUBYX vs. JPST - Drawdown Comparison

The maximum LUBYX drawdown since its inception was -2.59%, smaller than the maximum JPST drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for LUBYX and JPST.

Drawdown Indicators

	LUBYX	JPST	Difference
Max Drawdown Largest peak-to-trough decline	-2.59%	-3.28%	+0.69%
Max Drawdown (1Y) Largest decline over 1 year	-0.40%	-0.30%	-0.10%
Max Drawdown (5Y) Largest decline over 5 years	-1.86%	-0.79%	-1.07%
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-0.17%	-0.08%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.10%	0.05%	+0.05%

Volatility

LUBYX vs. JPST - Volatility Comparison

Lord Abbett Ultra Short Bond Fund (LUBYX) has a higher volatility of 0.33% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.22%. This indicates that LUBYX'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.

Volatility by Period

	LUBYX	JPST	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.33%	0.22%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	0.98%	0.35%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	1.49%	0.61%	+0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.34%	0.57%	+0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.11%	0.94%	+0.17%