RIGS vs. JPIE
Compare and contrast key facts about RiverFront Strategic Income Fund (RIGS) and JPMorgan Income ETF (JPIE).
RIGS and JPIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RIGS is an actively managed fund by SS&C. It was launched on Oct 9, 2013. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RIGS or JPIE.
Key characteristics
| RIGS | JPIE | |
|---|---|---|
| YTD Return | 3.31% | 5.55% |
| 1Y Return | 8.87% | 10.18% |
| 3Y Return (Ann) | 1.02% | 2.01% |
| Sharpe Ratio | 1.28 | 3.63 |
| Sortino Ratio | 1.85 | 6.05 |
| Omega Ratio | 1.24 | 1.85 |
| Calmar Ratio | 1.51 | 2.65 |
| Martin Ratio | 7.85 | 27.20 |
| Ulcer Index | 1.06% | 0.37% |
| Daily Std Dev | 6.51% | 2.75% |
| Max Drawdown | -15.31% | -9.96% |
| Current Drawdown | -1.95% | -0.63% |
Correlation
The correlation between RIGS and JPIE is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RIGS vs. JPIE - Performance Comparison
In the year-to-date period, RIGS achieves a 3.31% return, which is significantly lower than JPIE's 5.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RIGS vs. JPIE - Expense Ratio Comparison
RIGS has a 0.48% expense ratio, which is higher than JPIE's 0.41% expense ratio.
Risk-Adjusted Performance
RIGS vs. JPIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Strategic Income Fund (RIGS) and JPMorgan Income ETF (JPIE). 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
RIGS vs. JPIE - Dividend Comparison
RIGS's dividend yield for the trailing twelve months is around 4.40%, less than JPIE's 6.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIGS RiverFront Strategic Income Fund | 4.40% | 3.49% | 2.72% | 2.47% | 3.44% | 3.87% | 4.54% | 4.45% | 4.47% | 3.60% | 3.32% | 0.46% |
JPIE JPMorgan Income ETF | 6.19% | 5.70% | 4.49% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RIGS vs. JPIE - Drawdown Comparison
The maximum RIGS drawdown since its inception was -15.31%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for RIGS and JPIE. For additional features, visit the drawdowns tool.
Volatility
RIGS vs. JPIE - Volatility Comparison
RiverFront Strategic Income Fund (RIGS) has a higher volatility of 1.94% compared to JPMorgan Income ETF (JPIE) at 0.46%. This indicates that RIGS's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.