SVARX vs. JPST
Compare and contrast key facts about Spectrum Low Volatility Fund (SVARX) and JPMorgan Ultra-Short Income ETF (JPST).
SVARX is managed by Advisors Preferred. It was launched on Dec 15, 2013. JPST is an actively managed fund by JPMorgan Chase. It was launched on May 17, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVARX or JPST.
Correlation
The correlation between SVARX and JPST is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SVARX vs. JPST - Performance Comparison
Key characteristics
SVARX:
0.30
JPST:
10.84
SVARX:
0.39
JPST:
24.39
SVARX:
1.08
JPST:
5.49
SVARX:
0.33
JPST:
56.89
SVARX:
0.98
JPST:
295.01
SVARX:
1.33%
JPST:
0.02%
SVARX:
4.42%
JPST:
0.52%
SVARX:
-6.48%
JPST:
-3.28%
SVARX:
-3.88%
JPST:
-0.02%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with SVARX at 0.08% and JPST at 0.08%.
SVARX
0.08%
-3.04%
-0.57%
0.98%
6.16%
6.51%
JPST
0.08%
0.27%
2.69%
5.61%
2.83%
N/A
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SVARX vs. JPST - Expense Ratio Comparison
SVARX has a 2.34% expense ratio, which is higher than JPST's 0.18% expense ratio.
Risk-Adjusted Performance
SVARX vs. JPST — Risk-Adjusted Performance Rank
SVARX
JPST
SVARX vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) and JPMorgan Ultra-Short Income ETF (JPST). 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.
Dividends
SVARX vs. JPST - Dividend Comparison
SVARX's dividend yield for the trailing twelve months is around 6.85%, more than JPST's 5.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVARX Spectrum Low Volatility Fund | 6.85% | 6.85% | 3.35% | 0.00% | 5.70% | 0.71% | 3.38% | 2.41% | 4.79% | 6.68% | 3.02% | 2.82% |
JPST JPMorgan Ultra-Short Income ETF | 5.16% | 5.16% | 4.80% | 1.83% | 0.73% | 1.43% | 2.68% | 2.07% | 0.96% | 0.00% | 0.00% | 0.00% |
Drawdowns
SVARX vs. JPST - Drawdown Comparison
The maximum SVARX drawdown since its inception was -6.48%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for SVARX and JPST. For additional features, visit the drawdowns tool.
Volatility
SVARX vs. JPST - Volatility Comparison
Spectrum Low Volatility Fund (SVARX) has a higher volatility of 2.53% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.16%. This indicates that SVARX's price experiences larger fluctuations and is considered to be riskier than JPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.