PTBD vs. JPHY
PTBD (Pacer Trendpilot US Bond ETF) and JPHY (JPMorgan High Yield Research Enhanced ETF) are both High Yield Bonds funds. PTBD is passively managed, while JPHY is actively managed. Over the past year, PTBD returned 3.04% vs 6.37% for JPHY. A 0.71 correlation means they provide meaningful diversification when combined. PTBD charges 0.60%/yr vs 0.24%/yr for JPHY.
Performance
PTBD vs. JPHY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PTBD achieves a 1.23% return, which is significantly lower than JPHY's 2.22% return.
PTBD
- 1D
- -0.02%
- 1M
- 0.68%
- YTD
- 1.23%
- 6M
- 1.39%
- 1Y
- 3.04%
- 3Y*
- 5.42%
- 5Y*
- -1.63%
- 10Y*
- —
JPHY
- 1D
- -0.03%
- 1M
- 0.45%
- YTD
- 2.22%
- 6M
- 2.19%
- 1Y
- 6.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PTBD vs. JPHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PTBD Pacer Trendpilot US Bond ETF | 1.23% | 1.79% |
JPHY JPMorgan High Yield Research Enhanced ETF | 2.22% | 4.06% |
Correlation
The correlation between PTBD and JPHY is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025 | 0.71 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PTBD vs. JPHY — Risk / Return Rank
PTBD
JPHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PTBD vs. JPHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Bond ETF (PTBD) and JPMorgan High Yield Research Enhanced ETF (JPHY). 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.
| PTBD | JPHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | — | — |
| Martin ratioReturn relative to average drawdown | 3.70 | — | — |
Loading charts...
Drawdowns
PTBD vs. JPHY - Drawdown Comparison
The maximum PTBD drawdown since its inception was -26.00%, which is greater than JPHY's maximum drawdown of -1.65%. Use the drawdown chart below to compare losses from any high point for PTBD and JPHY.
Loading charts...
Drawdown Indicators
| PTBD | JPHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.00% | -1.65% | -24.35% |
Max Drawdown (1Y)Largest decline over 1 year | -3.12% | -1.65% | -1.47% |
Max Drawdown (3Y)Largest decline over 3 years | -3.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.00% | — | — |
Current DrawdownCurrent decline from peak | -8.66% | -0.15% | -8.51% |
Average DrawdownAverage peak-to-trough decline | -10.15% | -0.21% | -9.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | — | — |
Volatility
PTBD vs. JPHY - Volatility Comparison
Loading charts...
Volatility by Period
| PTBD | JPHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.83% | 3.01% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.26% | 3.01% | +4.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.78% | 3.01% | +4.77% |
PTBD vs. JPHY - Expense Ratio Comparison
PTBD has a 0.60% expense ratio, which is higher than JPHY's 0.24% expense ratio.
Dividends
PTBD vs. JPHY - Dividend Comparison
PTBD's dividend yield for the trailing twelve months is around 5.86%, which matches JPHY's 5.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
JPHY JPMorgan High Yield Research Enhanced ETF | 5.91% | 3.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PTBD Pacer Trendpilot US Bond ETF | 5.86% | 5.62% | 6.56% | 6.55% | 6.14% | 2.70% | 2.50% | 0.62% |
Frequently Asked Questions
PTBD and JPHY have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, JPHY leads with 6.37% vs 3.04% for PTBD. On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JPHY has performed better with a 6.37% return vs 3.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JPHY is cheaper with a 0.24% expense ratio, compared with 0.60% for PTBD.
JPHY has the higher dividend yield at 5.91%, compared with 5.86% for PTBD.
They also come from different issuers: Pacer and JPMorgan. Their fees differ too: 0.60% for PTBD and 0.24% for JPHY.
Find the right allocation for PTBD and JPHY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer