VBLLX vs. JSOSX
VBLLX (Vanguard Long-Term Bond Index Fund Institutional Shares) and JSOSX (JPMorgan Strategic Income Opportunities Fund Class I) are both Total Bond Market funds. Over the past 10 years, VBLLX returned 0.08%/yr vs 2.95%/yr for JSOSX. Their -0.16 correlation means they have often moved in opposite directions in the past. VBLLX charges 0.05%/yr vs 0.77%/yr for JSOSX.
Performance
VBLLX vs. JSOSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VBLLX achieves a -3.40% return, which is significantly lower than JSOSX's 1.44% return. Over the past 10 years, VBLLX has underperformed JSOSX with an annualized return of 0.08%, while JSOSX has yielded a comparatively higher 2.95% annualized return.
VBLLX
- 1D
- -0.50%
- 1M
- -3.76%
- 6M
- -3.24%
- YTD
- -3.40%
- 1Y
- -1.14%
- 3Y*
- 1.12%
- 5Y*
- -5.26%
- 10Y*
- 0.08%
- ALL TIME*
- 3.79%
JSOSX
- 1D
- 0.00%
- 1M
- 0.28%
- 6M
- 1.13%
- YTD
- 1.44%
- 1Y
- 3.00%
- 3Y*
- 4.28%
- 5Y*
- 3.25%
- 10Y*
- 2.95%
- ALL TIME*
- 4.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VBLLX vs. JSOSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBLLX Vanguard Long-Term Bond Index Fund Institutional Shares | -3.40% | 6.60% | -4.12% | 7.13% | -27.20% | -3.08% | 16.27% | 19.15% | -4.71% | 10.89% |
JSOSX JPMorgan Strategic Income Opportunities Fund Class I | 1.44% | 3.70% | 5.45% | 5.25% | 0.46% | 0.64% | 1.55% | 3.97% | 0.77% | 3.34% |
Correlation
The correlation between VBLLX and JSOSX is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | -0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2008 | -0.16 |
The correlation between VBLLX and JSOSX shifts across timeframes, from -0.27 (5 years) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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
VBLLX vs. JSOSX — Risk / Return Rank
VBLLX
JSOSX
VBLLX vs. JSOSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) and JPMorgan Strategic Income Opportunities Fund Class I (JSOSX). 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.
| VBLLX | JSOSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.28 | ||
| Sortino ratioReturn per unit of downside risk | -7.08 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 3.15 | -2.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 11.82 | -11.84 |
| Martin ratioReturn relative to average drawdown | -0.04 | 56.47 | -56.51 |
Loading charts...
Drawdowns
VBLLX vs. JSOSX - Drawdown Comparison
The maximum VBLLX drawdown since its inception was -38.42%, which is greater than JSOSX's maximum drawdown of -6.40%. Use the drawdown chart below to compare losses from any high point for VBLLX and JSOSX.
Loading charts...
Drawdown Indicators
| VBLLX | JSOSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.42% | -6.40% | -32.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.35% | -0.26% | -6.09% |
Max Drawdown (3Y)Largest decline over 3 years | -11.55% | -0.44% | -11.11% |
Max Drawdown (5Y)Largest decline over 5 years | -36.29% | -0.98% | -35.31% |
Max Drawdown (10Y)Largest decline over 10 years | -38.42% | -6.19% | -32.23% |
Current DrawdownCurrent decline from peak | -27.42% | 0.00% | -27.42% |
Average DrawdownAverage peak-to-trough decline | -9.33% | -0.46% | -8.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 0.05% | +2.66% |
Volatility
VBLLX vs. JSOSX - Volatility Comparison
Vanguard Long-Term Bond Index Fund Institutional Shares (VBLLX) has a higher volatility of 2.07% compared to JPMorgan Strategic Income Opportunities Fund Class I (JSOSX) at 0.14%. This indicates that VBLLX's price experiences larger fluctuations and is considered to be riskier than JSOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VBLLX | JSOSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.07% | 0.14% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 6.06% | 0.60% | +5.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.89% | 0.73% | +7.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.82% | 0.80% | +12.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.55% | 1.18% | +10.37% |
VBLLX vs. JSOSX - Expense Ratio Comparison
VBLLX has a 0.05% expense ratio, which is lower than JSOSX's 0.77% expense ratio.
Dividends
VBLLX vs. JSOSX - Dividend Comparison
VBLLX's dividend yield for the trailing twelve months is around 4.57%, more than JSOSX's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JSOSX JPMorgan Strategic Income Opportunities Fund Class I | 3.23% | 3.82% | 5.05% | 4.77% | 1.69% | 0.55% | 1.26% | 2.85% | 3.00% | 3.21% | 4.30% | 3.44% |
VBLLX Vanguard Long-Term Bond Index Fund Institutional Shares | 4.57% | 4.66% | 4.64% | 3.75% | 4.16% | 2.89% | 5.84% | 3.62% | 3.82% | 3.69% | 4.19% | 4.98% |
Frequently Asked Questions
VBLLX and JSOSX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VBLLX has higher volatility (2.07%) compared to JSOSX (0.14%). In terms of maximum drawdown, VBLLX dropped -38.42% vs JSOSX's -6.40%.
JSOSX currently has the higher Sharpe Ratio (4.27 vs -0.01), 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.
Find the right allocation for VBLLX and JSOSX
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