Correlation
The correlation between OMBIX and VCIT is 0.01, 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.
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.
Performance
OMBIX vs. VCIT - Performance Comparison
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Key characteristics
OMBIX:
1.22
VCIT:
1.41
OMBIX:
1.77
VCIT:
2.01
OMBIX:
1.21
VCIT:
1.25
OMBIX:
0.86
VCIT:
0.83
OMBIX:
3.10
VCIT:
4.66
OMBIX:
2.07%
VCIT:
1.69%
OMBIX:
5.29%
VCIT:
5.58%
OMBIX:
-14.41%
VCIT:
-20.56%
OMBIX:
-1.75%
VCIT:
-1.99%
Returns By Period
In the year-to-date period, OMBIX achieves a 2.36% return, which is significantly lower than VCIT's 3.36% return. Over the past 10 years, OMBIX has underperformed VCIT with an annualized return of 1.95%, while VCIT has yielded a comparatively higher 2.95% annualized return.
OMBIX
2.36%
-0.88%
0.92%
5.95%
2.17%
0.46%
1.95%
VCIT
3.36%
0.68%
1.73%
7.31%
3.72%
0.77%
2.95%
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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.
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Dividends
OMBIX vs. VCIT - Dividend Comparison
OMBIX's dividend yield for the trailing twelve months is around 3.71%, less than VCIT's 4.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OMBIX JPMorgan Mortgage Backed Securities Fund | 3.71% | 3.90% | 3.40% | 2.34% | 1.57% | 3.45% | 3.45% | 3.22% | 3.18% | 2.86% | 3.07% | 3.39% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.47% | 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 -14.41%, 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.
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Volatility
OMBIX vs. VCIT - Volatility Comparison
JPMorgan Mortgage Backed Securities Fund (OMBIX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) have volatilities of 1.62% and 1.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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