VABS vs. JPLD

Last updated Jun 3, 2026

VABS (Virtus Newfleet ABS/MBS ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - VABS is a Mortgage Backed Securities fund actively managed by Virtus Investment Partners, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. Both are actively managed. Over the past year, VABS returned 4.30% vs 4.75% for JPLD. A 0.57 correlation means they provide meaningful diversification when combined. VABS charges 0.39%/yr vs 0.24%/yr for JPLD.

Performance

VABS vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Newfleet ABS/MBS ETF (VABS) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VABS achieves a 1.53% return, which is significantly higher than JPLD's 1.10% return.

VABS

• 1D: 0.04%
• 1M: 0.30%
• YTD: 1.53%
• 6M: 1.87%
• 1Y: 4.30%
• 3Y*: 6.36%
• 5Y*: 3.26%
• 10Y*: —

JPLD

• 1D: 0.00%
• 1M: 0.09%
• YTD: 1.10%
• 6M: 1.49%
• 1Y: 4.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VABS vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VABS Virtus Newfleet ABS/MBS ETF	1.53%	5.40%	7.59%	3.29%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.10%	6.01%	6.49%	3.23%

Correlation

The correlation between VABS and JPLD is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.57

The correlation between VABS and JPLD has been stable across timeframes, ranging from 0.55 to 0.57 - a consistent structural relationship.

Return for Risk

VABS vs. JPLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VABS

VABS Risk / Return Rank: 69
VABS Sharpe Ratio Rank: 62
VABS Sortino Ratio Rank: 62
VABS Omega Ratio Rank: 78
VABS Calmar Ratio Rank: 81
VABS Martin Ratio Rank: 61

JPLD

JPLD Risk / Return Rank: 91
JPLD Sharpe Ratio Rank: 91
JPLD Sortino Ratio Rank: 95
JPLD Omega Ratio Rank: 94
JPLD Calmar Ratio Rank: 85
JPLD Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VABS vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet ABS/MBS ETF (VABS) 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.

	VABS	JPLD	Difference
Sharpe ratio Return per unit of total volatility	2.12	3.25	-1.13
Sortino ratio Return per unit of downside risk	2.92	5.34	-2.42
Omega ratio Gain probability vs. loss probability	1.47	1.69	-0.22
Calmar ratio Return relative to maximum drawdown	4.33	4.65	-0.32
Martin ratio Return relative to average drawdown	11.19	21.57	-10.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VABS vs. JPLD - Sharpe Ratio Comparison

The current VABS Sharpe Ratio is 2.12, which is lower than the JPLD Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of VABS and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VABS	JPLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	3.25	-1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.41	3.27	-1.85

Drawdowns

VABS vs. JPLD - Drawdown Comparison

The maximum VABS drawdown since its inception was -7.12%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for VABS and JPLD.

Drawdown Indicators

	VABS	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-7.12%	-1.17%	-5.95%
Max Drawdown (1Y) Largest decline over 1 year	-0.98%	-1.00%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-1.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-7.12%	—	—
Current Drawdown Current decline from peak	0.00%	-0.06%	+0.06%
Average Drawdown Average peak-to-trough decline	-1.42%	-0.15%	-1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	0.22%	+0.16%

Volatility

VABS vs. JPLD - Volatility Comparison

Virtus Newfleet ABS/MBS ETF (VABS) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) have volatilities of 0.39% and 0.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VABS	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.39%	0.40%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	1.07%	0.98%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	2.04%	1.47%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.30%	1.83%	+0.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.24%	1.83%	+0.41%

VABS vs. JPLD - Expense Ratio Comparison

VABS has a 0.39% expense ratio, which is higher than JPLD's 0.24% expense ratio.

Dividends

VABS vs. JPLD - Dividend Comparison

VABS's dividend yield for the trailing twelve months is around 5.18%, more than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%	0.00%	0.00%
VABS Virtus Newfleet ABS/MBS ETF	5.18%	4.94%	5.05%	4.13%	2.47%	1.47%

Frequently Asked Questions

Can I hold both VABS and JPLD in my portfolio?

VABS and JPLD have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VABS or JPLD?

JPLD has higher volatility (0.40%) compared to VABS (0.39%). In terms of maximum drawdown, VABS dropped -7.12% vs JPLD's -1.17%.

Which ETF is better, VABS or JPLD?

On 1-year performance, JPLD leads with 4.75% vs 4.30% for VABS. On fees, JPLD is cheaper at 0.24% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VABS or JPLD?

Over the 1-year period, JPLD has performed better with a 4.75% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VABS or JPLD?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.39% for VABS.

Which ETF pays a higher dividend yield, VABS or JPLD?

VABS has the higher dividend yield at 5.18%, compared with 4.21% for JPLD.

What is the main difference between VABS and JPLD?

VABS is categorized as Mortgage Backed Securities, while JPLD is Short-Term Bond. They also come from different issuers: Virtus Investment Partners and JPMorgan. Their fees differ too: 0.39% for VABS and 0.24% for JPLD.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (3.25 vs 2.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.