SLDR vs. JPLD
SLDR (Global X Short-Term Treasury Ladder ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - SLDR is a Government Bonds fund tracking the FTSE US Treasury 1-3 Years Laddered Bond Index, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. SLDR is passively managed, while JPLD is actively managed. Over the past year, SLDR returned 3.14% vs 4.71% for JPLD. A 0.66 correlation means they provide meaningful diversification when combined. SLDR charges 0.12%/yr vs 0.24%/yr for JPLD.
Performance
SLDR vs. JPLD - Performance Comparison
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Returns By Period
In the year-to-date period, SLDR achieves a 0.31% return, which is significantly lower than JPLD's 1.04% return.
SLDR
- 1D
- -0.04%
- 1M
- 0.13%
- YTD
- 0.31%
- 6M
- 0.69%
- 1Y
- 3.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPLD
- 1D
- -0.06%
- 1M
- 0.19%
- YTD
- 1.04%
- 6M
- 1.37%
- 1Y
- 4.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SLDR vs. JPLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SLDR Global X Short-Term Treasury Ladder ETF | 0.31% | 4.60% | 0.61% |
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 1.04% | 6.01% | 0.47% |
Correlation
The correlation between SLDR and JPLD is 0.66, 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 | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024 | 0.66 |
The correlation between SLDR and JPLD has been stable across timeframes, ranging from 0.66 to 0.66 - a consistent structural relationship.
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Return for Risk
SLDR vs. JPLD — Risk / Return Rank
SLDR
JPLD
SLDR vs. JPLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Short-Term Treasury Ladder ETF (SLDR) 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.
| SLDR | JPLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.68 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.61 | 4.71 | -1.10 |
| Martin ratioReturn relative to average drawdown | 13.93 | 21.78 | -7.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SLDR | JPLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | 3.22 | -0.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.58 | 3.25 | -0.67 |
Drawdowns
SLDR vs. JPLD - Drawdown Comparison
The maximum SLDR drawdown since its inception was -0.87%, smaller than the maximum JPLD drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for SLDR and JPLD.
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Drawdown Indicators
| SLDR | JPLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.87% | -1.17% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -0.87% | -1.00% | +0.13% |
Current DrawdownCurrent decline from peak | -0.28% | -0.12% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -0.14% | -0.15% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 0.22% | +0.01% |
Volatility
SLDR vs. JPLD - Volatility Comparison
Global X Short-Term Treasury Ladder ETF (SLDR) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) have volatilities of 0.37% and 0.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLDR | JPLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 0.37% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 0.78% | 0.97% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.25% | 1.47% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.24% | 1.83% | -0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.24% | 1.83% | -0.59% |
SLDR vs. JPLD - Expense Ratio Comparison
SLDR 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%.
Dividends
SLDR vs. JPLD - Dividend Comparison
SLDR's dividend yield for the trailing twelve months is around 3.72%, less than JPLD's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF | 4.21% | 4.24% | 4.47% | 1.83% |
SLDR Global X Short-Term Treasury Ladder ETF | 3.72% | 3.80% | 0.98% | 0.00% |
Frequently Asked Questions
SLDR and JPLD have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPLD has higher volatility (0.37%) compared to SLDR (0.37%). In terms of maximum drawdown, SLDR dropped -0.87% vs JPLD's -1.17%.
On 1-year performance, JPLD leads with 4.71% vs 3.14% for SLDR. On fees, SLDR is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, JPLD has performed better with a 4.71% return vs 3.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLDR is cheaper with a 0.12% expense ratio, compared with 0.24% for JPLD.
JPLD has the higher dividend yield at 4.21%, compared with 3.72% for SLDR.
SLDR is categorized as Government Bonds, while JPLD is Short-Term Bond. They also come from different issuers: Global X and JPMorgan. Their fees differ too: 0.12% for SLDR and 0.24% for JPLD.
JPLD currently has the higher Sharpe Ratio (3.22 vs 2.51), 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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