OMBIX vs. VCIT
Compare and contrast key facts about JPMorgan Mortgage Backed Securities Fund (OMBIX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
OMBIX is managed by JPMorgan Chase. It was launched on Aug 18, 2000. VCIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5-10 Year Corp Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OMBIX or VCIT.
Correlation
The correlation between OMBIX and VCIT is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
OMBIX vs. VCIT - Performance Comparison
Key characteristics
OMBIX:
0.83
VCIT:
0.96
OMBIX:
1.21
VCIT:
1.39
OMBIX:
1.14
VCIT:
1.17
OMBIX:
0.51
VCIT:
0.46
OMBIX:
2.16
VCIT:
3.00
OMBIX:
2.01%
VCIT:
1.67%
OMBIX:
5.24%
VCIT:
5.24%
OMBIX:
-14.45%
VCIT:
-20.56%
OMBIX:
-2.63%
VCIT:
-4.30%
Returns By Period
The year-to-date returns for both investments are quite close, with OMBIX having a 0.92% return and VCIT slightly higher at 0.93%. Over the past 10 years, OMBIX has underperformed VCIT with an annualized return of 1.73%, while VCIT has yielded a comparatively higher 2.64% annualized return.
OMBIX
0.92%
2.03%
-0.23%
4.66%
0.30%
1.73%
VCIT
0.93%
2.05%
0.70%
5.46%
0.59%
2.64%
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OMBIX vs. VCIT - Expense Ratio Comparison
OMBIX has a 0.40% expense ratio, which is higher than VCIT's 0.04% expense ratio.
Risk-Adjusted Performance
OMBIX vs. VCIT — Risk-Adjusted Performance Rank
OMBIX
VCIT
OMBIX vs. VCIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mortgage Backed Securities Fund (OMBIX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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. VCIT - Dividend Comparison
OMBIX's dividend yield for the trailing twelve months is around 3.96%, less than VCIT's 4.44% 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% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.44% | 4.43% | 3.72% | 3.04% | 2.88% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% |
Drawdowns
OMBIX vs. VCIT - Drawdown Comparison
The maximum OMBIX drawdown since its inception was -14.45%, smaller than the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for OMBIX and VCIT. For additional features, visit the drawdowns tool.
Volatility
OMBIX vs. VCIT - Volatility Comparison
The current volatility for JPMorgan Mortgage Backed Securities Fund (OMBIX) is 1.37%, while Vanguard Intermediate-Term Corporate Bond ETF (VCIT) has a volatility of 1.56%. This indicates that OMBIX experiences smaller price fluctuations and is considered to be less risky than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.