Correlation
The correlation between TAGG and JPST is 0.10, 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.
TAGG vs. JPST
Compare and contrast key facts about T. Rowe Price QM U.S. Bond ETF (TAGG) and JPMorgan Ultra-Short Income ETF (JPST).
TAGG and JPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TAGG is an actively managed fund by T. Rowe Price. It was launched on Sep 28, 2021. 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: TAGG or JPST.
Performance
TAGG vs. JPST - Performance Comparison
Loading data...
Key characteristics
TAGG:
0.91
JPST:
8.74
TAGG:
1.26
JPST:
17.13
TAGG:
1.15
JPST:
3.99
TAGG:
0.48
JPST:
17.92
TAGG:
2.13
JPST:
127.79
TAGG:
2.28%
JPST:
0.04%
TAGG:
5.80%
JPST:
0.61%
TAGG:
-17.25%
JPST:
-3.28%
TAGG:
-4.75%
JPST:
0.00%
Returns By Period
In the year-to-date period, TAGG achieves a 2.13% return, which is significantly higher than JPST's 1.87% return.
TAGG
2.13%
-0.68%
1.80%
5.15%
1.35%
N/A
N/A
JPST
1.87%
0.28%
2.39%
5.26%
4.71%
3.03%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TAGG vs. JPST - Expense Ratio Comparison
TAGG has a 0.08% expense ratio, which is lower than JPST's 0.18% 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%.
Risk-Adjusted Performance
TAGG vs. JPST — Risk-Adjusted Performance Rank
TAGG
JPST
TAGG vs. JPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price QM U.S. Bond ETF (TAGG) 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.
Loading data...
Dividends
TAGG vs. JPST - Dividend Comparison
TAGG's dividend yield for the trailing twelve months is around 3.86%, less than JPST's 4.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
TAGG T. Rowe Price QM U.S. Bond ETF | 3.86% | 4.36% | 3.48% | 3.68% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% |
JPST JPMorgan Ultra-Short Income ETF | 4.90% | 5.16% | 4.79% | 1.83% | 0.73% | 1.43% | 2.69% | 2.07% | 0.96% |
Drawdowns
TAGG vs. JPST - Drawdown Comparison
The maximum TAGG drawdown since its inception was -17.25%, which is greater than JPST's maximum drawdown of -3.28%. Use the drawdown chart below to compare losses from any high point for TAGG and JPST.
Loading data...
Volatility
TAGG vs. JPST - Volatility Comparison
T. Rowe Price QM U.S. Bond ETF (TAGG) has a higher volatility of 1.58% compared to JPMorgan Ultra-Short Income ETF (JPST) at 0.20%. This indicates that TAGG'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.
Loading data...