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SHAG vs. JPLD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SHAG vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

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SHAG vs. JPLD - Yearly Performance Comparison


Returns By Period

In the year-to-date period, SHAG achieves a 0.14% return, which is significantly lower than JPLD's 0.38% return.


SHAG

1D
0.18%
1M
-0.87%
YTD
0.14%
6M
1.33%
1Y
4.37%
3Y*
4.55%
5Y*
1.64%
10Y*

JPLD

1D
-0.08%
1M
-0.74%
YTD
0.38%
6M
1.58%
1Y
4.69%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SHAG vs. JPLD - Expense Ratio Comparison

SHAG has a 0.12% expense ratio, which is lower than JPLD's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

SHAG vs. JPLD — Risk / Return Rank

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

SHAG
SHAG Risk / Return Rank: 9292
Overall Rank
SHAG Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
SHAG Sortino Ratio Rank: 9595
Sortino Ratio Rank
SHAG Omega Ratio Rank: 9292
Omega Ratio Rank
SHAG Calmar Ratio Rank: 9191
Calmar Ratio Rank
SHAG Martin Ratio Rank: 9292
Martin Ratio Rank

JPLD
JPLD Risk / Return Rank: 9797
Overall Rank
JPLD Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
JPLD Sortino Ratio Rank: 9898
Sortino Ratio Rank
JPLD Omega Ratio Rank: 9797
Omega Ratio Rank
JPLD Calmar Ratio Rank: 9595
Calmar Ratio Rank
JPLD Martin Ratio Rank: 9797
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.

SHAG vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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.


SHAGJPLDDifference

Sharpe ratio

Return per unit of total volatility

1.99

2.63

-0.64

Sortino ratio

Return per unit of downside risk

3.06

4.05

-0.99

Omega ratio

Gain probability vs. loss probability

1.41

1.55

-0.14

Calmar ratio

Return relative to maximum drawdown

3.23

4.03

-0.79

Martin ratio

Return relative to average drawdown

12.81

19.92

-7.10

SHAG vs. JPLD - Sharpe Ratio Comparison

The current SHAG Sharpe Ratio is 1.99, which is comparable to the JPLD Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of SHAG and JPLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SHAGJPLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.99

2.63

-0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.60

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

3.28

-2.44

Correlation

The correlation between SHAG and JPLD is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

SHAG vs. JPLD - Dividend Comparison

SHAG's dividend yield for the trailing twelve months is around 4.35%, more than JPLD's 4.22% yield.


TTM202520242023202220212020201920182017
SHAG
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF
4.35%4.33%4.49%3.04%1.38%0.92%2.33%2.71%2.56%0.77%
JPLD
J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF
4.22%4.24%4.47%1.83%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SHAG vs. JPLD - Drawdown Comparison

The maximum SHAG drawdown since its inception was -9.62%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for SHAG and JPLD.


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Drawdown Indicators


SHAGJPLDDifference

Max Drawdown

Largest peak-to-trough decline

-9.62%

-1.17%

-8.45%

Max Drawdown (1Y)

Largest decline over 1 year

-1.38%

-1.17%

-0.21%

Max Drawdown (5Y)

Largest decline over 5 years

-9.62%

Current Drawdown

Current decline from peak

-0.87%

-0.74%

-0.13%

Average Drawdown

Average peak-to-trough decline

-1.90%

-0.14%

-1.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.35%

0.24%

+0.11%

Volatility

SHAG vs. JPLD - Volatility Comparison

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) has a higher volatility of 0.84% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.54%. This indicates that SHAG's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SHAGJPLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.84%

0.54%

+0.30%

Volatility (6M)

Calculated over the trailing 6-month period

1.19%

0.99%

+0.20%

Volatility (1Y)

Calculated over the trailing 1-year period

2.21%

1.79%

+0.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.73%

1.86%

+0.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.59%

1.86%

+0.73%