TEXN vs. JPLD
TEXN (iShares Texas Equity ETF) and JPLD (JPMorgan Limited Duration Bond ETF) are both exchange-traded funds - TEXN is a Large Cap Blend Equities fund tracking the Russell Texas Equity Index, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. TEXN is passively managed, while JPLD is actively managed. Over the past year, TEXN returned 30.05% vs 4.19% for JPLD. At a correlation of -0.02, they often move in opposite directions. TEXN charges 0.20%/yr vs 0.24%/yr for JPLD.
Performance
TEXN vs. JPLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TEXN achieves a 20.05% return, which is significantly higher than JPLD's 1.08% return.
TEXN
- 1D
- -1.33%
- 1M
- -2.29%
- YTD
- 20.05%
- 6M
- 18.60%
- 1Y
- 30.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPLD
- 1D
- 0.06%
- 1M
- 0.32%
- YTD
- 1.08%
- 6M
- 1.31%
- 1Y
- 4.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TEXN vs. JPLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TEXN iShares Texas Equity ETF | 20.05% | 8.33% |
JPLD JPMorgan Limited Duration Bond ETF | 1.08% | 3.08% |
Correlation
The correlation between TEXN and JPLD is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025 | -0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TEXN vs. JPLD — Risk / Return Rank
TEXN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JPLD
TEXN vs. JPLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Texas Equity ETF (TEXN) 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.
| TEXN | JPLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.59 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.19 | — |
| Martin ratioReturn relative to average drawdown | — | 19.07 | — |
Loading charts...
Drawdowns
TEXN vs. JPLD - Drawdown Comparison
The maximum TEXN drawdown since its inception was -6.34%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for TEXN and JPLD.
Loading charts...
Drawdown Indicators
| TEXN | JPLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.34% | -1.17% | -5.17% |
Max Drawdown (1Y)Largest decline over 1 year | -6.34% | -1.00% | -5.34% |
Current DrawdownCurrent decline from peak | -4.90% | -0.28% | -4.62% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -0.15% | -1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.22% | — |
Volatility
TEXN vs. JPLD - Volatility Comparison
Loading charts...
Volatility by Period
| TEXN | JPLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.54% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.05% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.50% | 1.48% | +13.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.50% | 1.84% | +12.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.50% | 1.84% | +12.66% |
TEXN vs. JPLD - Expense Ratio Comparison
TEXN has a 0.20% 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
TEXN vs. JPLD - Dividend Comparison
TEXN's dividend yield for the trailing twelve months is around 1.40%, less than JPLD's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
JPLD JPMorgan Limited Duration Bond ETF | 4.21% | 4.24% | 4.47% | 1.83% |
TEXN iShares Texas Equity ETF | 1.40% | 0.86% | 0.00% | 0.00% |
Frequently Asked Questions
TEXN and JPLD have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, TEXN leads with 30.05% vs 4.19% for JPLD. On fees, TEXN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TEXN has performed better with a 30.05% return vs 4.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TEXN is cheaper with a 0.20% expense ratio, compared with 0.24% for JPLD.
JPLD has the higher dividend yield at 4.21%, compared with 1.40% for TEXN.
TEXN is categorized as Large Cap Blend Equities, while JPLD is Short-Term Bond. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.20% for TEXN and 0.24% for JPLD.
Find the right allocation for TEXN and JPLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer