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RITGX vs. JPIE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RITGX vs. JPIE

Last updated Jun 20, 2026

RITGX (American Funds American High-Income Trust® Class R-6) and JPIE (JPMorgan Income ETF) are both funds - RITGX is a High Yield Bonds fund managed by American Funds, while JPIE is a Multisector Bonds fund actively managed by JPMorgan. Over the past 3 years, RITGX returned 9.68%/yr vs 6.52%/yr for JPIE. A 0.63 correlation means they provide meaningful diversification when combined. RITGX charges 0.32%/yr vs 0.40%/yr for JPIE.

Performance

RITGX vs. JPIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds American High-Income Trust® Class R-6 (RITGX) and JPMorgan Income ETF (JPIE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RITGX achieves a 2.04% return, which is significantly higher than JPIE's 1.54% return.

RITGX

1D
0.00%
1M
0.95%
YTD
2.04%
6M
2.73%
1Y
8.09%
3Y*
9.68%
5Y*
4.86%
10Y*
6.31%

JPIE

1D
0.00%
1M
0.57%
YTD
1.54%
6M
1.70%
1Y
5.71%
3Y*
6.52%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

RITGX vs. JPIE - Yearly Performance Comparison

2026 (YTD)20252024202320222021
RITGX
American Funds American High-Income Trust® Class R-6		2.04%8.69%9.91%12.54%-10.10%0.83%
JPIE
JPMorgan Income ETF		1.54%7.39%6.32%7.07%-6.13%0.27%

Correlation

The correlation between RITGX and JPIE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.56

Correlation (3Y)
Calculated over the trailing 3-year period

0.59

Correlation (All Time)
Calculated using the full available price history since Nov 2, 2021

0.63

The correlation between RITGX and JPIE has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.

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American Funds American High-Income Trust® Class R-6

JPMorgan Income ETF

Often compared with RITGX:
RITGX vs. SPHYRITGX vs. VFIAXRITGX vs. AHITXRITGX vs. VASGXRITGX vs. ARTFXRITGX vs. VIPIXRITGX vs. SPY
Often compared with JPIE:
JPIE vs. JEPIJPIE vs. BINCJPIE vs. JPSTJPIE vs. SGOVJPIE vs. BNDJPIE vs. JBNDJPIE vs. JCPB

Return for Risk

RITGX vs. JPIE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RITGX
RITGX Risk / Return Rank: 8484
Overall Rank
RITGX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
RITGX Sortino Ratio Rank: 9090
Sortino Ratio Rank
RITGX Omega Ratio Rank: 8484
Omega Ratio Rank
RITGX Calmar Ratio Rank: 8080
Calmar Ratio Rank
RITGX Martin Ratio Rank: 8787
Martin Ratio Rank
JPIE
JPIE Risk / Return Rank: 9494
Overall Rank
JPIE Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
JPIE Sortino Ratio Rank: 9696
Sortino Ratio Rank
JPIE Omega Ratio Rank: 9696
Omega Ratio Rank
JPIE Calmar Ratio Rank: 8989
Calmar Ratio Rank
JPIE Martin Ratio Rank: 9494
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RITGX vs. JPIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds American High-Income Trust® Class R-6 (RITGX) 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.

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.

RITGXJPIEDifference
Sharpe ratioReturn per unit of total volatility
2.32
3.54

-1.23

Sortino ratioReturn per unit of downside risk
4.03
5.50

-1.46

Omega ratioGain probability vs. loss probability

1.51

1.80

-0.29

Calmar ratioReturn relative to maximum drawdown

3.37

5.00

-1.63

Martin ratioReturn relative to average drawdown

15.02

24.56

-9.54

RITGX vs. JPIE - Sharpe Ratio Comparison

The current RITGX Sharpe Ratio is 2.32, which is lower than the JPIE Sharpe Ratio of 3.54. The chart below compares the historical Sharpe Ratios of RITGX and JPIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

RITGX vs. JPIE - Drawdown Comparison

The maximum RITGX drawdown since its inception was -21.20%, which is greater than JPIE's maximum drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for RITGX and JPIE.

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Drawdown Indicators

RITGXJPIEDifference

Max Drawdown

Largest peak-to-trough decline

-21.20%

-9.96%

-11.24%

Max Drawdown (1Y)

Largest decline over 1 year

-2.41%

-1.15%

-1.26%

Max Drawdown (3Y)

Largest decline over 3 years

-3.92%

-2.40%

-1.52%

Max Drawdown (5Y)

Largest decline over 5 years

-13.75%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-21.20%

—

—

Current Drawdown

Current decline from peak

-0.30%

-0.28%

-0.02%

Average Drawdown

Average peak-to-trough decline

-2.22%

-2.08%

-0.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.54%

0.23%

+0.31%

Volatility

RITGX vs. JPIE - Volatility Comparison

American Funds American High-Income Trust® Class R-6 (RITGX) has a higher volatility of 1.05% compared to JPMorgan Income ETF (JPIE) at 0.62%. This indicates that RITGX'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.

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Volatility by Period

RITGXJPIEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.05%

0.62%

+0.43%

Volatility (6M)

Calculated over the trailing 6-month period

2.70%

1.34%

+1.36%

Volatility (1Y)

Calculated over the trailing 1-year period

3.51%

1.62%

+1.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.04%

3.51%

+1.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.52%

3.51%

+2.01%

RITGX vs. JPIE - Expense Ratio Comparison

RITGX has a 0.32% expense ratio, which is lower than JPIE's 0.40% expense ratio.

Dividends

RITGX vs. JPIE - Dividend Comparison

RITGX's dividend yield for the trailing twelve months is around 6.66%, more than JPIE's 5.61% yield.

PositionTTM20252024202320222021202020192018201720162015
JPIE
JPMorgan Income ETF		5.61%5.65%6.11%5.70%4.49%0.63%0.00%0.00%0.00%0.00%0.00%0.00%
RITGX
American Funds American High-Income Trust® Class R-6		6.66%6.63%6.66%6.80%4.50%4.65%6.19%6.56%6.68%6.36%5.36%7.29%

Frequently Asked Questions

RITGX and JPIE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RITGX has higher volatility (1.05%) compared to JPIE (0.62%). In terms of maximum drawdown, RITGX dropped -21.20% vs JPIE's -9.96%.

JPIE currently has the higher Sharpe Ratio (3.54 vs 2.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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