WOBDX vs. DBLTX
Compare and contrast key facts about JPMorgan Core Bond Fund (WOBDX) and DoubleLine Total Return Bond Fund Class I (DBLTX).
WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991. DBLTX is managed by DoubleLine. It was launched on Apr 6, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WOBDX or DBLTX.
Performance
WOBDX vs. DBLTX - Performance Comparison
Returns By Period
In the year-to-date period, WOBDX achieves a 2.22% return, which is significantly lower than DBLTX's 3.04% return. Over the past 10 years, WOBDX has underperformed DBLTX with an annualized return of 1.28%, while DBLTX has yielded a comparatively higher 1.51% annualized return.
WOBDX
2.22%
-0.53%
3.23%
6.82%
-0.36%
1.28%
DBLTX
3.04%
-0.38%
4.14%
7.93%
-0.25%
1.51%
Key characteristics
| WOBDX | DBLTX | |
|---|---|---|
| Sharpe Ratio | 1.23 | 1.37 |
| Sortino Ratio | 1.82 | 2.01 |
| Omega Ratio | 1.22 | 1.25 |
| Calmar Ratio | 0.47 | 0.60 |
| Martin Ratio | 4.11 | 4.70 |
| Ulcer Index | 1.66% | 1.69% |
| Daily Std Dev | 5.56% | 5.77% |
| Max Drawdown | -18.25% | -16.49% |
| Current Drawdown | -8.29% | -5.96% |
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WOBDX vs. DBLTX - Expense Ratio Comparison
Both WOBDX and DBLTX have an expense ratio of 0.50%.
Correlation
The correlation between WOBDX and DBLTX is 0.90, 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.
Risk-Adjusted Performance
WOBDX vs. DBLTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund (WOBDX) and DoubleLine Total Return Bond Fund Class I (DBLTX). 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
WOBDX vs. DBLTX - Dividend Comparison
WOBDX's dividend yield for the trailing twelve months is around 3.91%, less than DBLTX's 4.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WOBDX JPMorgan Core Bond Fund | 3.91% | 3.49% | 2.68% | 2.07% | 2.36% | 2.77% | 2.80% | 2.66% | 2.47% | 2.34% | 2.53% | 2.76% |
DBLTX DoubleLine Total Return Bond Fund Class I | 4.98% | 4.36% | 3.84% | 3.13% | 3.39% | 3.67% | 3.74% | 3.66% | 3.72% | 4.11% | 4.77% | 5.16% |
Drawdowns
WOBDX vs. DBLTX - Drawdown Comparison
The maximum WOBDX drawdown since its inception was -18.25%, which is greater than DBLTX's maximum drawdown of -16.49%. Use the drawdown chart below to compare losses from any high point for WOBDX and DBLTX. For additional features, visit the drawdowns tool.
Volatility
WOBDX vs. DBLTX - Volatility Comparison
JPMorgan Core Bond Fund (WOBDX) has a higher volatility of 1.35% compared to DoubleLine Total Return Bond Fund Class I (DBLTX) at 1.22%. This indicates that WOBDX's price experiences larger fluctuations and is considered to be riskier than DBLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.