OMBIX vs. SGOV
Compare and contrast key facts about JPMorgan Mortgage Backed Securities Fund (OMBIX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
OMBIX is managed by JPMorgan Chase. It was launched on Aug 18, 2000. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OMBIX or SGOV.
Correlation
The correlation between OMBIX and SGOV is 0.03, 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.
Performance
OMBIX vs. SGOV - Performance Comparison
Key characteristics
OMBIX:
0.93
SGOV:
22.19
OMBIX:
1.37
SGOV:
501.74
OMBIX:
1.16
SGOV:
502.74
OMBIX:
0.57
SGOV:
514.41
OMBIX:
2.37
SGOV:
8,166.04
OMBIX:
2.05%
SGOV:
0.00%
OMBIX:
5.20%
SGOV:
0.23%
OMBIX:
-14.45%
SGOV:
-0.03%
OMBIX:
-2.63%
SGOV:
0.00%
Returns By Period
In the year-to-date period, OMBIX achieves a 0.92% return, which is significantly higher than SGOV's 0.56% return.
OMBIX
0.92%
0.92%
-1.10%
5.07%
0.20%
1.76%
SGOV
0.56%
0.34%
2.34%
5.10%
N/A
N/A
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OMBIX vs. SGOV - Expense Ratio Comparison
OMBIX has a 0.40% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
OMBIX vs. SGOV — Risk-Adjusted Performance Rank
OMBIX
SGOV
OMBIX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mortgage Backed Securities Fund (OMBIX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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
OMBIX vs. SGOV - Dividend Comparison
OMBIX's dividend yield for the trailing twelve months is around 3.96%, less than SGOV's 4.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OMBIX JPMorgan Mortgage Backed Securities Fund | 3.96% | 3.90% | 3.40% | 2.34% | 1.53% | 2.57% | 3.13% | 3.22% | 3.18% | 2.80% | 2.98% | 3.28% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.99% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OMBIX vs. SGOV - Drawdown Comparison
The maximum OMBIX drawdown since its inception was -14.45%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for OMBIX and SGOV. For additional features, visit the drawdowns tool.
Volatility
OMBIX vs. SGOV - Volatility Comparison
JPMorgan Mortgage Backed Securities Fund (OMBIX) has a higher volatility of 1.39% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that OMBIX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.