SJCP vs. ESGB

Last updated Aug 2, 2026

SJCP (SanJac Alpha Core Plus Bond ETF) and ESGB (IQ MacKay ESG Core Plus Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their 0.23 correlation means their historical movements had little consistent relationship. SJCP charges 0.65%/yr vs 0.39%/yr for ESGB.

Performance

SJCP vs. ESGB - Performance Comparison

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

Returns By Period

SJCP

• 1D: 0.06%
• 1M: 0.20%
• 6M: 0.72%
• YTD: 1.12%
• 1Y: 3.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.80%

ESGB

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SJCP SanJac Alpha Core Plus Bond ETF	$33.92K	$23.83K	$91.45K

SJCP vs. ESGB - Yearly Performance Comparison

	2026 (YTD)
SJCP SanJac Alpha Core Plus Bond ETF	0.44%
ESGB IQ MacKay ESG Core Plus Bond ETF	-0.18%

Correlation

The correlation between SJCP and ESGB is 0.23, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	0.23

Return for Risk

SJCP vs. ESGB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SJCP

SJCP Risk / Return Rank: 70
SJCP Sharpe Ratio Rank: 72
SJCP Sortino Ratio Rank: 73
SJCP Omega Ratio Rank: 82
SJCP Calmar Ratio Rank: 57
SJCP Martin Ratio Rank: 65

ESGB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SJCP vs. ESGB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SanJac Alpha Core Plus Bond ETF (SJCP) and IQ MacKay ESG Core Plus Bond ETF (ESGB). 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.

	SJCP	ESGB	Difference
Sharpe ratio: Return per unit of total volatility	1.65	—	—
Sortino ratio: Return per unit of downside risk	2.39	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.04	—	—
Martin ratio: Return relative to average drawdown	8.01	—	—

Drawdowns

Drawdown Indicators

	SJCP	ESGB	Difference
Max Drawdown Largest peak-to-trough decline	-2.01%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.01%	—	—
Current Drawdown Current decline from peak	-0.20%	—	—
Average Drawdown Average peak-to-trough decline	-0.27%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.51%	—	—

Volatility

Volatility by Period

	SJCP	ESGB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.49%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.40%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.40%	—	—

SJCP vs. ESGB - Expense Ratio Comparison

SJCP has a 0.65% expense ratio, which is higher than ESGB's 0.39% expense ratio.

Dividends

SJCP vs. ESGB - Dividend Comparison

SJCP's dividend yield for the trailing twelve months is around 3.79%, while ESGB has not paid dividends to shareholders.

Position	TTM	2025	2024
ESGB IQ MacKay ESG Core Plus Bond ETF	0.00%	0.00%	0.00%
SJCP SanJac Alpha Core Plus Bond ETF	3.79%	4.05%	1.40%

Frequently Asked Questions

Can I hold both SJCP and ESGB in my portfolio?

SJCP and ESGB have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SJCP or ESGB?

On fees, ESGB is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SJCP or ESGB?

ESGB is cheaper with a 0.39% expense ratio, compared with 0.65% for SJCP.

Which ETF pays a higher dividend yield, SJCP or ESGB?

SJCP has the higher dividend yield at 3.79%, compared with 0.00% for ESGB.

What is the main difference between SJCP and ESGB?

They also come from different issuers: SanJac Alpha and IndexIQ. Their fees differ too: 0.65% for SJCP and 0.39% for ESGB.