VTP vs. JCPB

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard Total Inflation-Protected Securities ETF (VTP) and JPMorgan Core Plus Bond ETF (JCPB).

VTP and JCPB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VTP is a passively managed fund by Vanguard that tracks the performance of the ICE U.S. Treasury Inflation Linked Bond Index 0-5. It was launched on Jul 7, 2025. JCPB is an actively managed fund by JPMorgan. It was launched on Jan 28, 2019.

Performance

VTP vs. JCPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Inflation-Protected Securities ETF (VTP) and JPMorgan Core Plus Bond ETF (JCPB). The values are adjusted to include any dividend payments, if applicable.

VTP vs. JCPB - Yearly Performance Comparison

	2026 (YTD)	2025
VTP Vanguard Total Inflation-Protected Securities ETF	0.38%	2.27%
JCPB JPMorgan Core Plus Bond ETF	0.23%	3.92%

Returns By Period

In the year-to-date period, VTP achieves a 0.38% return, which is significantly higher than JCPB's 0.23% return.

VTP

• 1D: 0.08%
• 1M: -1.31%
• YTD: 0.38%
• 6M: 0.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JCPB

• 1D: 0.33%
• 1M: -1.82%
• YTD: 0.23%
• 6M: 1.44%
• 1Y: 5.14%
• 3Y*: 4.75%
• 5Y*: 1.25%
• 10Y*: —

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

VTP vs. JCPB - Expense Ratio Comparison

VTP has a 0.05% expense ratio, which is lower than JCPB's 0.38% expense ratio.

JCPB

JPMorgan Core Plus Bond ETF

VTP

Vanguard Total Inflation-Protected Securities ETF

Return for Risk

VTP vs. JCPB — Risk / Return Rank

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

JCPB

JCPB Risk / Return Rank: 68
JCPB Sharpe Ratio Rank: 70
JCPB Sortino Ratio Rank: 69
JCPB Omega Ratio Rank: 61
JCPB Calmar Ratio Rank: 77
JCPB Martin Ratio Rank: 63

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.

VTP vs. JCPB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Inflation-Protected Securities ETF (VTP) and JPMorgan Core Plus Bond ETF (JCPB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VTP	JCPB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.19	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	0.55	+0.56

Correlation

The correlation between VTP and JCPB is 0.86, 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

VTP vs. JCPB - Dividend Comparison

VTP's dividend yield for the trailing twelve months is around 1.55%, less than JCPB's 4.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
VTP Vanguard Total Inflation-Protected Securities ETF	1.55%	1.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JCPB JPMorgan Core Plus Bond ETF	4.94%	4.90%	5.16%	4.32%	3.01%	2.19%	2.97%	3.01%

Drawdowns

VTP vs. JCPB - Drawdown Comparison

The maximum VTP drawdown since its inception was -1.92%, smaller than the maximum JCPB drawdown of -16.67%. Use the drawdown chart below to compare losses from any high point for VTP and JCPB.

Drawdown Indicators

	VTP	JCPB	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-16.67%	+14.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.67%	—
Current Drawdown Current decline from peak	-1.31%	-1.82%	+0.51%
Average Drawdown Average peak-to-trough decline	-0.53%	-4.33%	+3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.91%	—

Volatility

Volatility by Period

	VTP	JCPB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.33%	4.34%	-1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.33%	5.36%	-2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.33%	5.08%	-1.75%