WTBN vs. JPLD

Last updated Jun 23, 2026

WTBN (WisdomTree Bianco Total Return Fund) and JPLD (JPMorgan Limited Duration Bond ETF) are both exchange-traded funds - WTBN is a Intermediate Core Bond fund tracking the Bianco Research Fixed Income Total Return Index, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. WTBN is passively managed, while JPLD is actively managed. Over the past year, WTBN returned 3.69% vs 4.27% for JPLD. A 0.70 correlation means they provide meaningful diversification when combined. WTBN charges 0.59%/yr vs 0.24%/yr for JPLD.

Performance

WTBN vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Bianco Total Return Fund (WTBN) and JPMorgan Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTBN achieves a 0.02% return, which is significantly lower than JPLD's 1.02% return.

WTBN

• 1D: -0.28%
• 1M: 0.38%
• YTD: 0.02%
• 6M: 0.18%
• 1Y: 3.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPLD

• 1D: -0.02%
• 1M: 0.26%
• YTD: 1.02%
• 6M: 1.23%
• 1Y: 4.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTBN vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTBN WisdomTree Bianco Total Return Fund	0.02%	6.90%	2.26%	0.31%
JPLD JPMorgan Limited Duration Bond ETF	1.02%	6.01%	6.49%	0.49%

Correlation

The correlation between WTBN and JPLD is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Dec 20, 2023	0.70

The correlation between WTBN and JPLD has been stable across timeframes, ranging from 0.67 to 0.70 - a consistent structural relationship.

Return for Risk

WTBN vs. JPLD — Risk / Return Rank

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

WTBN

WTBN Risk / Return Rank: 28
WTBN Sharpe Ratio Rank: 29
WTBN Sortino Ratio Rank: 28
WTBN Omega Ratio Rank: 26
WTBN Calmar Ratio Rank: 27
WTBN Martin Ratio Rank: 28

JPLD

JPLD Risk / Return Rank: 90
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 93
JPLD Omega Ratio Rank: 92
JPLD Calmar Ratio Rank: 83
JPLD Martin Ratio Rank: 90

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.

WTBN vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bianco Total Return Fund (WTBN) and JPMorgan Limited Duration Bond ETF (JPLD). 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.

	WTBN	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	1.01	2.91	-1.90
Sortino ratio: Return per unit of downside risk	1.47	4.46	-2.99
Omega ratio: Gain probability vs. loss probability	1.17	1.60	-0.43
Calmar ratio: Return relative to maximum drawdown	1.30	4.27	-2.97
Martin ratio: Return relative to average drawdown	3.78	19.49	-15.71

WTBN vs. JPLD - Sharpe Ratio Comparison

The current WTBN Sharpe Ratio is 1.01, which is lower than the JPLD Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of WTBN and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTBN vs. JPLD - Drawdown Comparison

The maximum WTBN drawdown since its inception was -4.08%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for WTBN and JPLD.

Drawdown Indicators

	WTBN	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-4.08%	-1.17%	-2.91%
Max Drawdown (1Y) Largest decline over 1 year	-2.86%	-1.00%	-1.86%
Current Drawdown Current decline from peak	-1.47%	-0.34%	-1.13%
Average Drawdown Average peak-to-trough decline	-1.14%	-0.15%	-0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.98%	0.22%	+0.76%

Volatility

WTBN vs. JPLD - Volatility Comparison

WisdomTree Bianco Total Return Fund (WTBN) has a higher volatility of 1.28% compared to JPMorgan Limited Duration Bond ETF (JPLD) at 0.53%. This indicates that WTBN's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTBN	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	0.53%	+0.75%
Volatility (6M) Calculated over the trailing 6-month period	2.82%	1.05%	+1.77%
Volatility (1Y) Calculated over the trailing 1-year period	3.69%	1.48%	+2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.55%	1.84%	+2.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.55%	1.84%	+2.71%

WTBN vs. JPLD - Expense Ratio Comparison

WTBN has a 0.59% expense ratio, which is higher than JPLD's 0.24% expense ratio.

Dividends

WTBN vs. JPLD - Dividend Comparison

WTBN's dividend yield for the trailing twelve months is around 3.97%, less than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023
JPLD JPMorgan Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%
WTBN WisdomTree Bianco Total Return Fund	3.97%	4.13%	3.47%	0.03%

Frequently Asked Questions

Can I hold both WTBN and JPLD in my portfolio?

WTBN and JPLD have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTBN or JPLD?

WTBN has higher volatility (1.28%) compared to JPLD (0.53%). In terms of maximum drawdown, WTBN dropped -4.08% vs JPLD's -1.17%.

Which ETF is better, WTBN or JPLD?

On 1-year performance, JPLD leads with 4.27% vs 3.69% for WTBN. On fees, JPLD is cheaper at 0.24% per year. On volatility, JPLD has been the lower-risk option at 0.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTBN or JPLD?

Over the 1-year period, JPLD has performed better with a 4.27% return vs 3.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTBN or JPLD?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.59% for WTBN.

Which ETF pays a higher dividend yield, WTBN or JPLD?

JPLD has the higher dividend yield at 4.21%, compared with 3.97% for WTBN.

What is the main difference between WTBN and JPLD?

WTBN is categorized as Intermediate Core Bond, while JPLD is Short-Term Bond. They also come from different issuers: WisdomTree and JPMorgan. Their fees differ too: 0.59% for WTBN and 0.24% for JPLD.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (2.91 vs 1.01), 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.