X vs. JPST

Last updated Jun 4, 2026

X (United States Steel Corporation) is a stock, while JPST (JPMorgan Ultra-Short Income ETF) is Ultrashort Bond fund actively managed by JPMorgan. At a correlation of -0.01, they often move in opposite directions.

Performance

X vs. JPST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Steel Corporation (X) and JPMorgan Ultra-Short Income ETF (JPST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

X

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPST

• 1D: 0.00%
• 1M: 0.35%
• YTD: 1.40%
• 6M: 1.74%
• 1Y: 4.31%
• 3Y*: 5.16%
• 5Y*: 3.61%
• 10Y*: —

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

X vs. JPST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
X United States Steel Corporation	0.00%	61.75%	-29.80%	95.71%	6.15%	42.45%	47.67%	-36.61%	-47.85%	80.35%
JPST JPMorgan Ultra-Short Income ETF	1.40%	4.99%	5.58%	5.13%	1.14%	0.11%	2.18%	3.34%	2.23%	1.00%

Correlation

The correlation between X and JPST is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (All Time) Calculated using the full available price history since May 22, 2017	-0.01

Return for Risk

X vs. JPST — Risk / Return Rank

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

JPST

JPST Risk / Return Rank: 99
JPST Sharpe Ratio Rank: 99
JPST Sortino Ratio Rank: 99
JPST Omega Ratio Rank: 99
JPST Calmar Ratio Rank: 99
JPST Martin Ratio Rank: 99

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.

X vs. JPST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Steel Corporation (X) and JPMorgan Ultra-Short Income ETF (JPST). 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

	X	JPST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	8.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	6.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	3.20	—

Drawdowns

Drawdown Indicators

	X	JPST	Difference
Max Drawdown Largest peak-to-trough decline	—	-3.28%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.79%	—
Current Drawdown Current decline from peak	—	-0.02%	—
Average Drawdown Average peak-to-trough decline	—	-0.08%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.03%	—

Volatility

Volatility by Period

	X	JPST	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.36%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.54%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	0.58%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	0.93%	—

Dividends

X vs. JPST - Dividend Comparison

X has not paid dividends to shareholders, while JPST's dividend yield for the trailing twelve months is around 4.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPST JPMorgan Ultra-Short Income ETF	4.26%	4.43%	5.16%	4.79%	1.83%	0.73%	1.43%	2.69%	2.07%	0.96%	0.00%	0.00%
X United States Steel Corporation	0.00%	0.18%	0.59%	0.41%	0.80%	0.34%	0.24%	1.75%	1.10%	0.57%	0.61%	2.51%

Frequently Asked Questions

Can I hold both X and JPST in my portfolio?

X and JPST have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.