JCPB vs UBND
JPMorgan Core Plus Bond ETF vs VictoryShares Core Plus Bond ETF
Which is better, JCPB or UBND?
Nearly the same fund. JCPB costs less.
JCPB has a lower expense ratio. JCPB led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | JCPB | UBND |
|---|---|---|
| Expense Ratio | 0.37%Best | 0.40% |
| AUM | $16.0B | $1.9B |
| Dividend Yield | 5.11% | 5.07% |
| Holdings | 2,796 | 1,606 |
| YTD Return | -1.70%Best | -2.75% |
| 1Y Return | -1.34%Best | -2.33% |
| 3Y Return (annualized) | +5.59%Best | +4.98% |
| 5Y Return (annualized) | +0.43%Best | +0.24% |
| Volatility (annualized) | 6.4%Best | 6.5% |
| Max Drawdown | -16.4%Tie | -16.4%Tie |
| $10,000 over 5 years | $10,217Best | $10,121 |
| Fund Family | J.P. Morgan Asset Management | Victory Capital Management Inc. |
| Category | Fixed Income | Fixed Income |
| Style | Long Term High Quality | Long Term High Quality |
| Inception | Jan 28, 2019 | Oct 4, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 5, 2021 to Oct 14, 2026 (5 years).
JCPB vs UBND 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 5 years both funds cover.
JCPB vs UBND Performance
JPMorgan Core Plus Bond ETF (JCPB) is an ETF from J.P. Morgan Asset Management and VictoryShares Core Plus Bond ETF (UBND) is an ETF from Victory Capital Management Inc.. Over the past year JCPB returned -1.34% while UBND returned -2.33%. Year to date, JCPB is down 1.70% versus a loss of 2.75% for UBND.
Over three years, JCPB compounded at +5.59% per year against +4.98% for UBND; over five years the annualized figures are +0.43% and +0.24% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UBND has been the more volatile fund, with annualized monthly volatility of 6.5% compared with 6.4% 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 -16.4% for JCPB and -16.4% for UBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JCPB charges 0.37% per year while UBND charges 0.40%. On a $10,000 position that is $37 vs $40 annually, a gap of $3 per year that compounds over a long holding period. On income, JCPB currently yields 5.11% against 5.07% for UBND.
Holdings Overlap
We hold position weights for 1,509 holdings in JCPB and 266 in UBND, totalling 50.7% and 12.9% 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, 11 positions appear in both.
11 positions in common, counted across the 1,509 positions we hold weights for in JCPB and 266 in UBND, against full books of 2,796 and 1,606.
Top Shared Holdings
| Stock | Weight in JCPB | Weight in UBND | Difference |
|---|---|---|---|
| CRM 2.7 07/15/41Salesforce.Com Inc 2.7 07/15/2041 | 0.01% | 0.17% | 0.16% |
| DRVPNK 2025-1A DAutonation Finance Trust 2025-1 Ser 2025-1A Cl D Regd 144A P/P 5.63000000 | 0.01% | 0.16% | 0.15% |
| OGN 5.125 04/30/31 1Organon Finance 1 Llc | 0.01% | 0.16% | 0.15% |
| FNA 2022-M2 A2Fnma_22-M02A A2 2.4% Jan 25, 2032 | 0.09% | 0.07% | 0.02% |
| MET 5.15 03/28/33 14Metropolitan Life Global Funding I 5.15 03/28/2033 | 0.01% | 0.05% | 0.04% |
| QNTELE 5.75 08/15/32Qnity Electronics Inc 0.0575 08/15/2032 | 0.03% | 0.03% | 0.00% |
| ESS 5.5 04/01/34Essex Portfolio Lp,5.5,2034-04-01 | 0.01% | 0.04% | 0.03% |
| XYZ 6.5 05/15/32Block Inc 6.5 15-May-2032 Senior | 0.04% | 0.01% | 0.03% |
| PNC V5.373 07/21/36Pnc Financial Services 5.373 07/21/2036 5.373 2036-07-21 | 0.01% | 0.03% | 0.02% |
| VYX 5.125 04/15/29 1Ncr Corp 5.13% 15Apr2029 | 0.01% | 0.02% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of JCPB and UBND 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, JCPB or UBND?
JCPB has an expense ratio of 0.37% while UBND charges 0.40%. JCPB is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, JCPB or UBND?
Over the past year JCPB returned -1.34% vs -2.33% for UBND, so JCPB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JCPB or UBND?
UBND has been the more volatile fund at 6.5% annualized versus 6.4% for JCPB. Worst drawdown: JCPB -16.4% vs UBND -16.4%.
Should I hold both JCPB and UBND?
JCPB and UBND have a monthly-return correlation of 0.96, 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, JCPB or UBND?
JCPB yields 5.11% while UBND yields 5.07%, so JCPB currently pays the higher dividend yield.
Is UBND better than JCPB?
JCPB has a lower expense ratio. JCPB led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.