FTBD vs JCPB
Fidelity Tactical Bond ETF vs JPMorgan Core Plus Bond ETF
Which is better, FTBD or JCPB?
Nearly the same fund. JCPB costs less.
JCPB has a lower expense ratio. JCPB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTBD | JCPB |
|---|---|---|
| Expense Ratio | 0.55% | 0.37%Best |
| AUM | $37M | $16.0B |
| Dividend Yield | 5.68% | 5.11% |
| Holdings | 755 | 2,796 |
| YTD Return | -1.46%Best | -1.70% |
| 1Y Return | -1.51% | -1.34%Best |
| 3Y Return (annualized) | +5.55% | +5.59%Best |
| 5Y Return (annualized) | - | +0.43% |
| Volatility (annualized) | 5.9% | 5.6%Best |
| Max Drawdown | -7.0% | -6.9%Best |
| $10,000 over 3.7 years | $11,244 | $11,289Best |
| Fund Family | Fidelity Investments (US) | J.P. Morgan Asset Management |
| Category | Fixed Income | Fixed Income |
| Style | Long Term High Quality | Long Term High Quality |
| Inception | Jan 24, 2023 | Jan 28, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Jan 26, 2023 to Oct 14, 2026 (3.7 years).
FTBD vs JCPB growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.7 years both funds cover.
FTBD vs JCPB Performance
Fidelity Tactical Bond ETF (FTBD) is an ETF from Fidelity Investments (US) and JPMorgan Core Plus Bond ETF (JCPB) is an ETF from J.P. Morgan Asset Management. Over the past year FTBD returned -1.51% while JCPB returned -1.34%. Year to date, FTBD is down 1.46% versus a loss of 1.70% for JCPB.
Over three years, FTBD compounded at +5.55% per year against +5.59% for JCPB. Across the full 4-year window we track, JCPB has the edge at +3.33% annualized vs +3.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTBD has been the more volatile fund, with annualized monthly volatility of 5.9% compared with 5.6% for JCPB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -7.0% for FTBD and -6.9% for JCPB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FTBD charges 0.55% per year while JCPB charges 0.37%. On a $10,000 position that is $55 vs $37 annually, a gap of $18 per year that compounds over a long holding period. On income, FTBD currently yields 5.68% against 5.11% for JCPB.
Holdings Overlap
We hold position weights for 136 holdings in FTBD and 1,509 in JCPB, totalling 39.1% and 50.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 28 positions appear in both.
28 positions in common, counted across the 136 positions we hold weights for in FTBD and 1,509 in JCPB, against full books of 755 and 2,796.
Top Shared Holdings
| Stock | Weight in FTBD | Weight in JCPB | Difference |
|---|---|---|---|
| SIRI 4.125 07/01/30 | 0.22% | 0.01% | 0.21% |
| ENTG 4.375 04/15/28 | 0.16% | 0.01% | 0.15% |
| EMECLI 6.625 12/15/3Emerald Debt Merger Sub Llc 144A 6.63% Dec 15, 2030 | 0.07% | 0.05% | 0.02% |
| ORCL 4.375 05/15/55Oracle Corp | 0.07% | 0.04% | 0.03% |
| BHCCN 10 04/15/32 141261229 Bc Ltd Sr Secured 144A 04/32 10 | 0.10% | 0.00% | 0.10% |
| XYZ 6.5 05/15/32Block Inc Sr Unsecured 05/32 6.5 | 0.06% | 0.04% | 0.02% |
| KNTK 5.875 06/15/30 | 0.01% | 0.09% | 0.08% |
| CRK 6.75 03/01/29 14Comstock Resources Inc 6.75% 03/01/2029 144A | 0.07% | 0.02% | 0.05% |
| LW 4.375 01/31/32 14Lamb Weston Hld Regd 144A P/P 4.37500000 | 0.07% | 0.00% | 0.07% |
| TEP 6 12/31/30 144ATallgrass Energy Partners Lp 144a 6% Dec 31, 2030 | 0.04% | 0.03% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of FTBD and JCPB you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTBD or JCPB?
FTBD has an expense ratio of 0.55% while JCPB charges 0.37%. JCPB is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, FTBD or JCPB?
Over the past year FTBD returned -1.51% vs -1.34% for JCPB, so JCPB leads on 1-year performance. Over the longest common window we track (4 years), FTBD annualized +3.22% vs +3.33% for JCPB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTBD or JCPB?
FTBD has been the more volatile fund at 5.9% annualized versus 5.6% for JCPB. Worst drawdown: FTBD -7.0% vs JCPB -6.9%.
Should I hold both FTBD and JCPB?
FTBD and JCPB have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, FTBD or JCPB?
FTBD yields 5.68% while JCPB yields 5.11%, so FTBD currently pays the higher dividend yield.
Is JCPB better than FTBD?
JCPB has a lower expense ratio. JCPB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.