VCPIX vs. HLIPX
Compare and contrast key facts about Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) and JPMorgan Core Plus Bond Fund (HLIPX).
VCPIX is managed by Vanguard. It was launched on Oct 25, 2021. HLIPX is managed by JPMorgan. It was launched on Mar 5, 1993.
Performance
VCPIX vs. HLIPX - Performance Comparison
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VCPIX vs. HLIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VCPIX Vanguard Core-Plus Bond Fund Investor Shares | -0.54% | 8.01% | 2.83% | 6.64% | -12.68% | 0.35% |
HLIPX JPMorgan Core Plus Bond Fund | -0.31% | 7.98% | 2.64% | 6.38% | -12.69% | -0.09% |
Returns By Period
In the year-to-date period, VCPIX achieves a -0.54% return, which is significantly lower than HLIPX's -0.31% return.
VCPIX
- 1D
- 0.47%
- 1M
- -2.26%
- YTD
- -0.54%
- 6M
- 0.60%
- 1Y
- 4.41%
- 3Y*
- 4.65%
- 5Y*
- —
- 10Y*
- —
HLIPX
- 1D
- 0.56%
- 1M
- -2.43%
- YTD
- -0.31%
- 6M
- 0.91%
- 1Y
- 4.63%
- 3Y*
- 4.34%
- 5Y*
- 0.97%
- 10Y*
- 2.40%
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VCPIX vs. HLIPX - Expense Ratio Comparison
VCPIX has a 0.30% expense ratio, which is lower than HLIPX's 0.46% expense ratio.
Return for Risk
VCPIX vs. HLIPX — Risk / Return Rank
VCPIX
HLIPX
VCPIX vs. HLIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) and JPMorgan Core Plus Bond Fund (HLIPX). 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.
| VCPIX | HLIPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.12 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.61 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.90 | 1.81 | +0.10 |
Martin ratioReturn relative to average drawdown | 6.39 | 6.20 | +0.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VCPIX | HLIPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.12 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.17 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 1.10 | -0.98 |
Correlation
The correlation between VCPIX and HLIPX is 0.96, 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.
Dividends
VCPIX vs. HLIPX - Dividend Comparison
VCPIX's dividend yield for the trailing twelve months is around 4.36%, less than HLIPX's 4.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCPIX Vanguard Core-Plus Bond Fund Investor Shares | 4.36% | 4.76% | 5.08% | 4.46% | 3.15% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HLIPX JPMorgan Core Plus Bond Fund | 4.56% | 4.86% | 4.88% | 4.02% | 3.36% | 3.25% | 4.36% | 3.23% | 3.08% | 2.83% | 2.77% | 3.25% |
Drawdowns
VCPIX vs. HLIPX - Drawdown Comparison
The maximum VCPIX drawdown since its inception was -17.33%, roughly equal to the maximum HLIPX drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for VCPIX and HLIPX.
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Drawdown Indicators
| VCPIX | HLIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.33% | -16.91% | -0.42% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -2.97% | +0.25% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.91% | — |
Current DrawdownCurrent decline from peak | -2.26% | -2.43% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -6.80% | -1.94% | -4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 0.86% | -0.05% |
Volatility
VCPIX vs. HLIPX - Volatility Comparison
The current volatility for Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) is 1.55%, while JPMorgan Core Plus Bond Fund (HLIPX) has a volatility of 1.75%. This indicates that VCPIX experiences smaller price fluctuations and is considered to be less risky than HLIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VCPIX | HLIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 1.75% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 2.63% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.08% | 4.30% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.75% | 5.66% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.75% | 4.62% | +1.13% |