ODIDX vs. JMSIX

Last updated Jul 29, 2026

ODIDX (Oaktree Diversified Income Fund Inc. Class D) and JMSIX (JPMorgan Income Fund) are both Multisector Bonds funds. Over the past 3 years, ODIDX returned 9.16%/yr vs 7.01%/yr for JMSIX. Their 0.39 correlation means their historical movements had little consistent relationship. ODIDX charges 2.10%/yr vs 0.40%/yr for JMSIX.

Performance

ODIDX vs. JMSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oaktree Diversified Income Fund Inc. Class D (ODIDX) and JPMorgan Income Fund (JMSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ODIDX achieves a 2.47% return, which is significantly higher than JMSIX's 1.12% return.

ODIDX

• 1D: 0.11%
• 1M: 0.23%
• 6M: 1.90%
• YTD: 2.47%
• 1Y: 5.58%
• 3Y*: 9.16%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.95%

JMSIX

• 1D: 0.12%
• 1M: -0.10%
• 6M: 1.36%
• YTD: 1.12%
• 1Y: 4.80%
• 3Y*: 7.01%
• 5Y*: 2.78%
• 10Y*: 3.75%
• ALL TIME*: 2.90%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JMSIX JPMorgan Income Fund	$0.00	$0.00	$0.00
ODIDX Oaktree Diversified Income Fund Inc. Class D	$0.00	$0.00	$0.00

ODIDX vs. JMSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ODIDX Oaktree Diversified Income Fund Inc. Class D	2.47%	7.94%	11.99%	11.91%	-13.02%	-0.37%
JMSIX JPMorgan Income Fund	1.12%	7.68%	7.78%	6.14%	-8.24%	0.11%

Correlation

The correlation between ODIDX and JMSIX is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.34
Correlation (All Time) Calculated using the full available price history since Nov 1, 2021	0.39

Return for Risk

ODIDX vs. JMSIX — Risk / Return Rank

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

ODIDX

ODIDX Risk / Return Rank: 98
ODIDX Sharpe Ratio Rank: 99
ODIDX Sortino Ratio Rank: 98
ODIDX Omega Ratio Rank: 98
ODIDX Calmar Ratio Rank: 97
ODIDX Martin Ratio Rank: 98

JMSIX

JMSIX Risk / Return Rank: 86
JMSIX Sharpe Ratio Rank: 79
JMSIX Sortino Ratio Rank: 91
JMSIX Omega Ratio Rank: 89
JMSIX Calmar Ratio Rank: 84
JMSIX Martin Ratio Rank: 88

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.

ODIDX vs. JMSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oaktree Diversified Income Fund Inc. Class D (ODIDX) and JPMorgan Income Fund (JMSIX). 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.

	ODIDX	JMSIX	Difference
Sharpe ratio: Return per unit of total volatility	3.84	1.87	+1.97
Sortino ratio: Return per unit of downside risk	6.16	3.50	+2.67
Omega ratio: Gain probability vs. loss probability	2.02	1.47	+0.54
Calmar ratio: Return relative to maximum drawdown	5.10	2.89	+2.21
Martin ratio: Return relative to average drawdown	21.47	11.69	+9.77

ODIDX vs. JMSIX - Sharpe Ratio Comparison

The current ODIDX Sharpe Ratio is 3.84, which is higher than the JMSIX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of ODIDX and JMSIX, 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

ODIDX vs. JMSIX - Drawdown Comparison

The maximum ODIDX drawdown since its inception was -13.71%, smaller than the maximum JMSIX drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for ODIDX and JMSIX.

Drawdown Indicators

	ODIDX	JMSIX	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-18.40%	+4.69%
Max Drawdown (1Y) Largest decline over 1 year	-1.10%	-1.62%	+0.52%
Max Drawdown (3Y) Largest decline over 3 years	-2.29%	-2.25%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.40%	—
Current Drawdown Current decline from peak	0.00%	-0.59%	+0.59%
Average Drawdown Average peak-to-trough decline	-3.68%	-2.54%	-1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.26%	0.40%	-0.14%

Volatility

ODIDX vs. JMSIX - Volatility Comparison

The current volatility for Oaktree Diversified Income Fund Inc. Class D (ODIDX) is 0.28%, while JPMorgan Income Fund (JMSIX) has a volatility of 0.67%. This indicates that ODIDX experiences smaller price fluctuations and is considered to be less risky than JMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ODIDX	JMSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.28%	0.67%	-0.39%
Volatility (6M) Calculated over the trailing 6-month period	1.18%	1.94%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	1.47%	2.52%	-1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.19%	3.74%	-0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.19%	3.86%	-0.67%

ODIDX vs. JMSIX - Expense Ratio Comparison

ODIDX has a 2.10% expense ratio, which is higher than JMSIX's 0.40% expense ratio.

Dividends

ODIDX vs. JMSIX - Dividend Comparison

ODIDX's dividend yield for the trailing twelve months is around 9.09%, more than JMSIX's 6.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JMSIX JPMorgan Income Fund	6.05%	5.95%	5.78%	4.43%	4.78%	4.00%	4.95%	5.10%	5.43%	5.42%	0.46%
ODIDX Oaktree Diversified Income Fund Inc. Class D	9.09%	9.32%	8.45%	7.83%	0.84%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ODIDX and JMSIX in my portfolio?

ODIDX and JMSIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ODIDX or JMSIX?

JMSIX has higher volatility (0.67%) compared to ODIDX (0.28%). In terms of maximum drawdown, ODIDX dropped -13.71% vs JMSIX's -18.40%.

Which has better risk-adjusted returns?

ODIDX currently has the higher Sharpe Ratio (3.84 vs 1.87), 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.