SJCP vs. BCPL

Last updated Apr 14, 2026

SJCP (SanJac Alpha Core Plus Bond ETF) and BCPL (BNY Mellon Core Plus ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. SJCP charges 0.65%/yr vs 0.40%/yr for BCPL.

Performance

SJCP vs. BCPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SanJac Alpha Core Plus Bond ETF (SJCP) and BNY Mellon Core Plus ETF (BCPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SJCP

• 1D: 0.06%
• 1M: 0.24%
• YTD: 0.64%
• 6M: 1.57%
• 1Y: 6.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCPL

• 1D: 0.12%
• 1M: 0.86%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SJCP vs. BCPL - Yearly Performance Comparison

	2026 (YTD)
SJCP SanJac Alpha Core Plus Bond ETF	0.56%
BCPL BNY Mellon Core Plus ETF	0.44%

Correlation

The correlation between SJCP and BCPL is 0.57, 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 Jan 13, 2026	0.57

Return for Risk

SJCP vs. BCPL — Risk / Return Rank

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

SJCP

SJCP Risk / Return Rank: 75
SJCP Sharpe Ratio Rank: 81
SJCP Sortino Ratio Rank: 85
SJCP Omega Ratio Rank: 92
SJCP Calmar Ratio Rank: 50
SJCP Martin Ratio Rank: 65

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.

SJCP vs. BCPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SanJac Alpha Core Plus Bond ETF (SJCP) and BNY Mellon Core Plus ETF (BCPL). 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.

	SJCP	BCPL	Difference
Sharpe ratio Return per unit of total volatility	2.85	—	—
Sortino ratio Return per unit of downside risk	4.24	—	—
Omega ratio Gain probability vs. loss probability	1.68	—	—
Calmar ratio Return relative to maximum drawdown	2.92	—	—
Martin ratio Return relative to average drawdown	13.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SJCP	BCPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	0.44	+1.34

Drawdowns

SJCP vs. BCPL - Drawdown Comparison

The maximum SJCP drawdown since its inception was -2.01%, smaller than the maximum BCPL drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for SJCP and BCPL.

Drawdown Indicators

	SJCP	BCPL	Difference
Max Drawdown Largest peak-to-trough decline	-2.01%	-2.95%	+0.94%
Max Drawdown (1Y) Largest decline over 1 year	-2.01%	—	—
Current Drawdown Current decline from peak	-0.63%	-1.23%	+0.60%
Average Drawdown Average peak-to-trough decline	-0.24%	-0.87%	+0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.44%	—	—

Volatility

Volatility by Period

	SJCP	BCPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.42%	4.14%	-1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.40%	4.14%	-1.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.40%	4.14%	-1.74%

SJCP vs. BCPL - Expense Ratio Comparison

SJCP has a 0.65% expense ratio, which is higher than BCPL's 0.40% expense ratio.

Dividends

SJCP vs. BCPL - Dividend Comparison

SJCP's dividend yield for the trailing twelve months is around 4.37%, more than BCPL's 0.96% yield.

	TTM	2025	2024
SJCP SanJac Alpha Core Plus Bond ETF	4.37%	4.05%	1.40%
BCPL BNY Mellon Core Plus ETF	0.96%	0.00%	0.00%