STOT vs. JPLD

Last updated Jun 24, 2026

STOT (State Street DoubleLine Short Duration Total Return Tactical ETF) and JPLD (JPMorgan Limited Duration Bond ETF) are both Short-Term Bond funds. STOT is passively managed, while JPLD is actively managed. Over the past year, STOT returned 3.90% vs 4.19% for JPLD. At a 0.50 correlation, their price movements are largely independent. STOT charges 0.45%/yr vs 0.24%/yr for JPLD.

Performance

STOT vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) and JPMorgan Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with STOT at 1.08% and JPLD at 1.08%.

STOT

• 1D: 0.02%
• 1M: 0.17%
• YTD: 1.08%
• 6M: 1.29%
• 1Y: 3.90%
• 3Y*: 5.23%
• 5Y*: 2.81%
• 10Y*: 2.43%

JPLD

• 1D: 0.06%
• 1M: 0.32%
• YTD: 1.08%
• 6M: 1.31%
• 1Y: 4.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STOT vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
STOT State Street DoubleLine Short Duration Total Return Tactical ETF	1.08%	5.56%	5.26%	3.17%
JPLD JPMorgan Limited Duration Bond ETF	1.08%	6.01%	6.49%	3.15%

Correlation

The correlation between STOT and JPLD is 0.65, 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	0.65
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023	0.50

The correlation between STOT and JPLD shifts across timeframes, from 0.50 (all time) to 0.65 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

STOT vs. JPLD — Risk / Return Rank

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

STOT

STOT Risk / Return Rank: 94
STOT Sharpe Ratio Rank: 95
STOT Sortino Ratio Rank: 96
STOT Omega Ratio Rank: 95
STOT Calmar Ratio Rank: 90
STOT Martin Ratio Rank: 93

JPLD

JPLD Risk / Return Rank: 89
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 93
JPLD Omega Ratio Rank: 92
JPLD Calmar Ratio Rank: 82
JPLD Martin Ratio Rank: 89

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.

STOT vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) and JPMorgan 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.

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.

	STOT	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	3.48	2.86	+0.62
Sortino ratio: Return per unit of downside risk	5.31	4.38	+0.93
Omega ratio: Gain probability vs. loss probability	1.71	1.59	+0.12
Calmar ratio: Return relative to maximum drawdown	5.13	4.19	+0.94
Martin ratio: Return relative to average drawdown	22.23	19.07	+3.16

STOT vs. JPLD - Sharpe Ratio Comparison

The current STOT Sharpe Ratio is 3.48, which is comparable to the JPLD Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of STOT and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STOT vs. JPLD - Drawdown Comparison

The maximum STOT drawdown since its inception was -6.07%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for STOT and JPLD.

Drawdown Indicators

	STOT	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-6.07%	-1.17%	-4.90%
Max Drawdown (1Y) Largest decline over 1 year	-0.76%	-1.00%	+0.24%
Max Drawdown (3Y) Largest decline over 3 years	-0.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-6.07%	—	—
Current Drawdown Current decline from peak	-0.12%	-0.28%	+0.16%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.15%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.18%	0.22%	-0.04%

Volatility

STOT vs. JPLD - Volatility Comparison

The current volatility for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) is 0.37%, while JPMorgan Limited Duration Bond ETF (JPLD) has a volatility of 0.54%. This indicates that STOT experiences smaller price fluctuations and is considered to be less risky than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STOT	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.37%	0.54%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	0.87%	1.05%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	1.13%	1.48%	-0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.73%	1.84%	-0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.20%	1.84%	+0.36%

STOT vs. JPLD - Expense Ratio Comparison

STOT has a 0.45% expense ratio, which is higher than JPLD's 0.24% expense ratio.

Dividends

STOT vs. JPLD - Dividend Comparison

STOT's dividend yield for the trailing twelve months is around 4.40%, more than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JPLD JPMorgan Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STOT State Street DoubleLine Short Duration Total Return Tactical ETF	4.40%	4.52%	5.10%	4.53%	2.54%	1.76%	1.66%	2.61%	2.50%	1.95%	2.08%

Frequently Asked Questions

Can I hold both STOT and JPLD in my portfolio?

STOT and JPLD have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STOT or JPLD?

JPLD has higher volatility (0.54%) compared to STOT (0.37%). In terms of maximum drawdown, STOT dropped -6.07% vs JPLD's -1.17%.

Which ETF is better, STOT or JPLD?

On 1-year performance, JPLD leads with 4.19% vs 3.90% for STOT. On fees, JPLD is cheaper at 0.24% per year. On volatility, STOT has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STOT or JPLD?

Over the 1-year period, JPLD has performed better with a 4.19% return vs 3.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STOT or JPLD?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.45% for STOT.

Which ETF pays a higher dividend yield, STOT or JPLD?

STOT has the higher dividend yield at 4.40%, compared with 4.21% for JPLD.

What is the main difference between STOT and JPLD?

They also come from different issuers: State Street and JPMorgan. Their fees differ too: 0.45% for STOT and 0.24% for JPLD.

Which has better risk-adjusted returns?

STOT currently has the higher Sharpe Ratio (3.48 vs 2.86), 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.