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WOBDX vs. HLIPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WOBDX and HLIPX is 0.91, 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.


-0.50.00.51.00.9

Performance

WOBDX vs. HLIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Core Bond Fund (WOBDX) and JPMorgan Core Plus Bond Fund (HLIPX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.63%
4.79%
WOBDX
HLIPX

Key characteristics

Sharpe Ratio

WOBDX:

1.12

HLIPX:

1.26

Sortino Ratio

WOBDX:

1.66

HLIPX:

1.85

Omega Ratio

WOBDX:

1.20

HLIPX:

1.22

Calmar Ratio

WOBDX:

0.48

HLIPX:

0.59

Martin Ratio

WOBDX:

3.58

HLIPX:

4.35

Ulcer Index

WOBDX:

1.72%

HLIPX:

1.60%

Daily Std Dev

WOBDX:

5.48%

HLIPX:

5.51%

Max Drawdown

WOBDX:

-18.25%

HLIPX:

-19.44%

Current Drawdown

WOBDX:

-6.81%

HLIPX:

-5.32%

Returns By Period

In the year-to-date period, WOBDX achieves a 3.86% return, which is significantly lower than HLIPX's 4.23% return. Over the past 10 years, WOBDX has underperformed HLIPX with an annualized return of 1.40%, while HLIPX has yielded a comparatively higher 1.87% annualized return.


WOBDX

YTD

3.86%

1M

1.02%

6M

4.63%

1Y

6.68%

5Y (annualized)

-0.07%

10Y (annualized)

1.40%

HLIPX

YTD

4.23%

1M

0.69%

6M

4.79%

1Y

7.43%

5Y (annualized)

0.30%

10Y (annualized)

1.87%

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WOBDX vs. HLIPX - Expense Ratio Comparison

WOBDX has a 0.50% expense ratio, which is higher than HLIPX's 0.46% expense ratio.


WOBDX
JPMorgan Core Bond Fund
Expense ratio chart for WOBDX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for HLIPX: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

WOBDX vs. HLIPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund (WOBDX) 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.


Sharpe ratio
The chart of Sharpe ratio for WOBDX, currently valued at 1.12, compared to the broader market-1.000.001.002.003.004.005.001.121.26
The chart of Sortino ratio for WOBDX, currently valued at 1.66, compared to the broader market-2.000.002.004.006.008.0010.0012.001.661.85
The chart of Omega ratio for WOBDX, currently valued at 1.20, compared to the broader market1.002.003.004.001.201.22
The chart of Calmar ratio for WOBDX, currently valued at 0.48, compared to the broader market0.005.0010.0015.000.480.59
The chart of Martin ratio for WOBDX, currently valued at 3.58, compared to the broader market0.0020.0040.0060.0080.003.584.35
WOBDX
HLIPX

The current WOBDX Sharpe Ratio is 1.12, which is comparable to the HLIPX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of WOBDX and HLIPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.12
1.26
WOBDX
HLIPX

Dividends

WOBDX vs. HLIPX - Dividend Comparison

WOBDX's dividend yield for the trailing twelve months is around 3.88%, less than HLIPX's 4.33% yield.


TTM20232022202120202019201820172016201520142013
WOBDX
JPMorgan Core Bond Fund
3.88%3.49%2.68%2.07%2.36%2.77%2.80%2.66%2.47%2.34%2.53%2.76%
HLIPX
JPMorgan Core Plus Bond Fund
4.33%4.01%3.37%2.57%2.74%3.26%3.11%2.84%2.77%3.03%3.44%3.79%

Drawdowns

WOBDX vs. HLIPX - Drawdown Comparison

The maximum WOBDX drawdown since its inception was -18.25%, smaller than the maximum HLIPX drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for WOBDX and HLIPX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-6.81%
-5.32%
WOBDX
HLIPX

Volatility

WOBDX vs. HLIPX - Volatility Comparison

The current volatility for JPMorgan Core Bond Fund (WOBDX) is 1.33%, while JPMorgan Core Plus Bond Fund (HLIPX) has a volatility of 1.40%. This indicates that WOBDX 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.


1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.33%
1.40%
WOBDX
HLIPX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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