PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TFLR vs. JPLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TFLR vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Floating Rate ETF (TFLR) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
4.08%
3.71%
TFLR
JPLD

Returns By Period

In the year-to-date period, TFLR achieves a 7.85% return, which is significantly higher than JPLD's 5.88% return.


TFLR

YTD

7.85%

1M

0.84%

6M

4.09%

1Y

10.11%

5Y (annualized)

N/A

10Y (annualized)

N/A

JPLD

YTD

5.88%

1M

-0.08%

6M

3.71%

1Y

7.81%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


TFLRJPLD
Sharpe Ratio4.064.25
Sortino Ratio6.457.24
Omega Ratio1.981.96
Calmar Ratio9.9111.29
Martin Ratio59.3734.20
Ulcer Index0.18%0.23%
Daily Std Dev2.57%1.88%
Max Drawdown-1.48%-0.71%
Current Drawdown-0.01%-0.40%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TFLR vs. JPLD - Expense Ratio Comparison

TFLR has a 0.60% expense ratio, which is higher than JPLD's 0.24% expense ratio.


TFLR
T. Rowe Price Floating Rate ETF
Expense ratio chart for TFLR: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for JPLD: current value at 0.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.24%

Correlation

-0.50.00.51.00.1

The correlation between TFLR and JPLD is 0.09, 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.

Risk-Adjusted Performance

TFLR vs. JPLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Floating Rate ETF (TFLR) 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.


Sharpe ratio
The chart of Sharpe ratio for TFLR, currently valued at 4.06, compared to the broader market0.002.004.006.004.064.25
The chart of Sortino ratio for TFLR, currently valued at 6.45, compared to the broader market-2.000.002.004.006.008.0010.0012.006.457.24
The chart of Omega ratio for TFLR, currently valued at 1.98, compared to the broader market0.501.001.502.002.503.001.981.96
The chart of Calmar ratio for TFLR, currently valued at 9.91, compared to the broader market0.005.0010.0015.009.9111.29
The chart of Martin ratio for TFLR, currently valued at 59.37, compared to the broader market0.0020.0040.0060.0080.00100.00120.0059.3734.20
TFLR
JPLD

The current TFLR Sharpe Ratio is 4.06, which is comparable to the JPLD Sharpe Ratio of 4.25. The chart below compares the historical Sharpe Ratios of TFLR and JPLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio3.403.603.804.004.204.404.60Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
4.06
4.25
TFLR
JPLD

Dividends

TFLR vs. JPLD - Dividend Comparison

TFLR's dividend yield for the trailing twelve months is around 8.22%, more than JPLD's 4.47% yield.


TTM20232022
TFLR
T. Rowe Price Floating Rate ETF
8.22%7.76%0.58%
JPLD
J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF
4.47%1.83%0.00%

Drawdowns

TFLR vs. JPLD - Drawdown Comparison

The maximum TFLR drawdown since its inception was -1.48%, which is greater than JPLD's maximum drawdown of -0.71%. Use the drawdown chart below to compare losses from any high point for TFLR and JPLD. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.01%
-0.40%
TFLR
JPLD

Volatility

TFLR vs. JPLD - Volatility Comparison

The current volatility for T. Rowe Price Floating Rate ETF (TFLR) is 0.36%, while J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) has a volatility of 0.47%. This indicates that TFLR 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.


0.40%0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
0.36%
0.47%
TFLR
JPLD