UTRE vs. JPIE
Compare and contrast key facts about US Treasury 3 Year Note ETF (UTRE) and JPMorgan Income ETF (JPIE).
UTRE and JPIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTRE is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA Current 3-Year US Treasury Index - Benchmark TR Gross. It was launched on Mar 27, 2023. JPIE is an actively managed fund by JPMorgan. It was launched on Oct 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UTRE or JPIE.
Correlation
The correlation between UTRE and JPIE is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UTRE vs. JPIE - Performance Comparison
Key characteristics
UTRE:
1.74
JPIE:
3.58
UTRE:
2.62
JPIE:
5.45
UTRE:
1.33
JPIE:
1.82
UTRE:
2.35
JPIE:
6.75
UTRE:
5.18
JPIE:
21.71
UTRE:
0.84%
JPIE:
0.35%
UTRE:
2.52%
JPIE:
2.13%
UTRE:
-2.80%
JPIE:
-9.96%
UTRE:
-0.41%
JPIE:
0.00%
Returns By Period
In the year-to-date period, UTRE achieves a 0.78% return, which is significantly lower than JPIE's 1.21% return.
UTRE
0.78%
0.77%
0.60%
4.59%
N/A
N/A
JPIE
1.21%
0.72%
2.79%
7.74%
N/A
N/A
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UTRE vs. JPIE - Expense Ratio Comparison
UTRE has a 0.15% expense ratio, which is lower than JPIE's 0.41% expense ratio.
Risk-Adjusted Performance
UTRE vs. JPIE — Risk-Adjusted Performance Rank
UTRE
JPIE
UTRE vs. JPIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Treasury 3 Year Note ETF (UTRE) and JPMorgan Income ETF (JPIE). 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
UTRE vs. JPIE - Dividend Comparison
UTRE's dividend yield for the trailing twelve months is around 3.99%, less than JPIE's 6.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
UTRE US Treasury 3 Year Note ETF | 3.99% | 4.02% | 3.14% | 0.00% | 0.00% |
JPIE JPMorgan Income ETF | 6.03% | 6.11% | 5.70% | 4.49% | 0.63% |
Drawdowns
UTRE vs. JPIE - Drawdown Comparison
The maximum UTRE drawdown since its inception was -2.80%, smaller than the maximum JPIE drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for UTRE and JPIE. For additional features, visit the drawdowns tool.
Volatility
UTRE vs. JPIE - Volatility Comparison
US Treasury 3 Year Note ETF (UTRE) has a higher volatility of 0.61% compared to JPMorgan Income ETF (JPIE) at 0.43%. This indicates that UTRE's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.