OSTAX vs. SUB
Compare and contrast key facts about JPMorgan Short-Intermediate Municipal Bond Fund (OSTAX) and iShares Short-Term National Muni Bond ETF (SUB).
OSTAX is managed by JPMorgan. It was launched on May 3, 1998. SUB is a passively managed fund by iShares that tracks the performance of the ICE Short Maturity AMT-Free US National Municipal Index - Benchmark TR Gross. It was launched on Nov 5, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OSTAX or SUB.
Correlation
The correlation between OSTAX and SUB 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.
Performance
OSTAX vs. SUB - Performance Comparison
Key characteristics
OSTAX:
1.64
SUB:
2.13
OSTAX:
2.38
SUB:
3.19
OSTAX:
1.39
SUB:
1.43
OSTAX:
0.58
SUB:
3.33
OSTAX:
5.58
SUB:
10.18
OSTAX:
0.46%
SUB:
0.30%
OSTAX:
1.57%
SUB:
1.44%
OSTAX:
-9.34%
SUB:
-9.46%
OSTAX:
-1.35%
SUB:
-0.05%
Returns By Period
In the year-to-date period, OSTAX achieves a 0.71% return, which is significantly higher than SUB's 0.56% return. Over the past 10 years, OSTAX has underperformed SUB with an annualized return of 0.93%, while SUB has yielded a comparatively higher 1.20% annualized return.
OSTAX
0.71%
0.61%
0.79%
2.57%
0.31%
0.93%
SUB
0.56%
0.46%
1.25%
3.02%
1.09%
1.20%
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OSTAX vs. SUB - Expense Ratio Comparison
OSTAX has a 0.87% expense ratio, which is higher than SUB's 0.07% expense ratio.
Risk-Adjusted Performance
OSTAX vs. SUB — Risk-Adjusted Performance Rank
OSTAX
SUB
OSTAX vs. SUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Short-Intermediate Municipal Bond Fund (OSTAX) and iShares Short-Term National Muni Bond ETF (SUB). 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
OSTAX vs. SUB - Dividend Comparison
OSTAX's dividend yield for the trailing twelve months is around 2.53%, more than SUB's 2.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OSTAX JPMorgan Short-Intermediate Municipal Bond Fund | 2.53% | 2.53% | 1.89% | 1.33% | 1.04% | 1.21% | 1.55% | 1.57% | 1.05% | 0.91% | 0.68% | 0.56% |
SUB iShares Short-Term National Muni Bond ETF | 2.11% | 2.10% | 1.73% | 0.86% | 0.72% | 1.23% | 1.59% | 1.32% | 0.94% | 0.75% | 0.77% | 0.76% |
Drawdowns
OSTAX vs. SUB - Drawdown Comparison
The maximum OSTAX drawdown since its inception was -9.34%, roughly equal to the maximum SUB drawdown of -9.46%. Use the drawdown chart below to compare losses from any high point for OSTAX and SUB. For additional features, visit the drawdowns tool.
Volatility
OSTAX vs. SUB - Volatility Comparison
JPMorgan Short-Intermediate Municipal Bond Fund (OSTAX) has a higher volatility of 0.38% compared to iShares Short-Term National Muni Bond ETF (SUB) at 0.29%. This indicates that OSTAX's price experiences larger fluctuations and is considered to be riskier than SUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.