SDCP vs. SJLD

Last updated Jun 4, 2026

SDCP (Virtus Newfleet Short Duration Core Plus Bond ETF) and SJLD (SanJac Alpha Low Duration ETF) are both Short-Term Bond funds. Both are actively managed. Over the past year, SDCP returned 4.38% vs 5.22% for SJLD. At a 0.18 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.

Performance

SDCP vs. SJLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) and SanJac Alpha Low Duration ETF (SJLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDCP achieves a 1.06% return, which is significantly lower than SJLD's 1.79% return.

SDCP

• 1D: -0.10%
• 1M: 0.18%
• YTD: 1.06%
• 6M: 1.18%
• 1Y: 4.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SJLD

• 1D: 0.04%
• 1M: -0.02%
• YTD: 1.79%
• 6M: 1.86%
• 1Y: 5.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SDCP vs. SJLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	1.06%	5.37%	0.16%
SJLD SanJac Alpha Low Duration ETF	1.79%	5.20%	0.91%

Correlation

The correlation between SDCP and SJLD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.18

The correlation between SDCP and SJLD shifts across timeframes, from 0.18 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SDCP vs. SJLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDCP

SDCP Risk / Return Rank: 91
SDCP Sharpe Ratio Rank: 88
SDCP Sortino Ratio Rank: 94
SDCP Omega Ratio Rank: 95
SDCP Calmar Ratio Rank: 89
SDCP Martin Ratio Rank: 89

SJLD

SJLD Risk / Return Rank: 88
SJLD Sharpe Ratio Rank: 79
SJLD Sortino Ratio Rank: 91
SJLD Omega Ratio Rank: 93
SJLD Calmar Ratio Rank: 85
SJLD Martin Ratio Rank: 91

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.

SDCP vs. SJLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) and SanJac Alpha Low Duration ETF (SJLD). 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.

	SDCP	SJLD	Difference
Sharpe ratio Return per unit of total volatility	3.02	2.64	+0.39
Sortino ratio Return per unit of downside risk	4.90	4.35	+0.54
Omega ratio Gain probability vs. loss probability	1.74	1.65	+0.08
Calmar ratio Return relative to maximum drawdown	5.33	4.74	+0.60
Martin ratio Return relative to average drawdown	19.90	21.82	-1.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDCP vs. SJLD - Sharpe Ratio Comparison

The current SDCP Sharpe Ratio is 3.02, which is comparable to the SJLD Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of SDCP and SJLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SDCP	SJLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	2.64	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	2.66	2.37	+0.29

Drawdowns

SDCP vs. SJLD - Drawdown Comparison

The maximum SDCP drawdown since its inception was -1.00%, roughly equal to the maximum SJLD drawdown of -1.04%. Use the drawdown chart below to compare losses from any high point for SDCP and SJLD.

Drawdown Indicators

	SDCP	SJLD	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-1.04%	+0.04%
Max Drawdown (1Y) Largest decline over 1 year	-0.82%	-1.04%	+0.22%
Current Drawdown Current decline from peak	-0.10%	-0.04%	-0.06%
Average Drawdown Average peak-to-trough decline	-0.18%	-0.12%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.23%	-0.01%

Volatility

SDCP vs. SJLD - Volatility Comparison

The current volatility for Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is 0.30%, while SanJac Alpha Low Duration ETF (SJLD) has a volatility of 0.33%. This indicates that SDCP experiences smaller price fluctuations and is considered to be less risky than SJLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDCP	SJLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.30%	0.33%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	0.84%	1.17%	-0.33%
Volatility (1Y) Calculated over the trailing 1-year period	1.46%	2.01%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.04%	1.95%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.04%	1.95%	+0.09%

SDCP vs. SJLD - Expense Ratio Comparison

Both SDCP and SJLD have an expense ratio of 0.35%.

Dividends

SDCP vs. SJLD - Dividend Comparison

SDCP's dividend yield for the trailing twelve months is around 5.23%, more than SJLD's 3.96% yield.

Position	TTM	2025	2024	2023
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	5.23%	5.16%	5.25%	0.59%
SJLD SanJac Alpha Low Duration ETF	3.96%	3.74%	1.26%	0.00%

Frequently Asked Questions

Can I hold both SDCP and SJLD in my portfolio?

SDCP and SJLD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDCP or SJLD?

SJLD has higher volatility (0.33%) compared to SDCP (0.30%). In terms of maximum drawdown, SDCP dropped -1.00% vs SJLD's -1.04%.

Which ETF is better, SDCP or SJLD?

On 1-year performance, SJLD leads with 5.22% vs 4.38% for SDCP. Both ETFs have the same 0.35% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDCP or SJLD?

Over the 1-year period, SJLD has performed better with a 5.22% return vs 4.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDCP or SJLD?

SDCP and SJLD have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, SDCP or SJLD?

SDCP has the higher dividend yield at 5.23%, compared with 3.96% for SJLD.

What is the main difference between SDCP and SJLD?

They also come from different issuers: Virtus and SanJac Alpha.

Which has better risk-adjusted returns?

SDCP currently has the higher Sharpe Ratio (3.02 vs 2.64), 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.