Data as of Nov 12, 2026.
HYS vs JPIE: Differences, Returns & Fees
Return, fees and overlap, side by side.
Risk and return
Nov 12, 2021 to Nov 5, 2026 · 260 weekly returns · each against AGGFrom Nov 2021 to Nov 2026, HYS returned more: +25.6% to +17.5%. JPIE swung less: 3.8% to 5.6%. HYS fell slightly less at its worst: −9.3% to −9.9%.
Full scorecard
19 measures Open ↓
| Measure | HYS | JPIE | AGG | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +25.6% | +17.5% | HYS | Price change plus distributions, reinvested. | |
| Annualized | +4.7% | +3.3% | HYS | Total return as a yearly rate. | |
| Price return | −9.3% | −10.5% | HYS | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 5.6% | 3.8% | JPIE | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 3.8% | 2.8% | JPIE | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −9.3% | −9.9% | HYS (slight) | Deepest fall from a high to the low after it. | |
| Upside capture | 52.2% | 52.9% | 100.0% | Tie | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 32.3% | 41.7% | 100.0% | HYS | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.47 | 0.51 | 1.00 | HYS lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.24 | 0.61 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 0.13 | −0.17 | HYS | Return above Treasury bills per unit of volatility. | |
| Sortino | 0.19 | −0.24 | HYS | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.016 | −0.013 | −0.038 | HYS | Return above Treasury bills per unit of beta. |
| Calmar | 0.50 | 0.33 | HYS | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | AGG | AGG | AGG | The ETF each fund is measured against. | |
| Alpha | +2.6% a year | +1.3% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 1.17 | 1.20 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −1.8% to +6.9% | −0.8% to +3.4% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | 0.79 | 0.85 | JPIE (slight) | Return against its benchmark per unit of tracking error. | |
| Tracking error | 5.8% | 3.7% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 260 weekly returns. Cash rate: the 13-week Treasury bill.
Pair scorecard
JPIE costs 0.16 points a year less; their one-year returns differ by 1.1 points.
| Measure | HYS | JPIE |
|---|---|---|
| Return | ||
| Total return, 1 year | +1.4% | +2.5% |
| Benchmark | ||
| What it tracks | ICE BofA 0-5 Year US High Yield Constrained Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.55% | 0.39% |
| Net assets, HYS as of Jun 30, 2026 and JPIE as of Nov 12, 2026 | $1.7bn | $11.5bn |
| Holdings | ||
| Holdings in common | 5% | |
What they share
By the books each fund has filed, HYS and JPIE hold 5% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.
half
5% in common
Only in one fund ↓
Side by side
HYS and JPIE on the fields both publish, as of Nov 12, 2026. Source: ETFIQ.
Client brief:
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HYS
HYS tracks an index. Over the year to Nov 12, 2026 it returned +1.4% with distributions reinvested, against −1.3% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.55% a year.
JPIE
JPIE is actively managed and tracks no index. Over the year to Nov 12, 2026 it returned +2.5% with distributions reinvested, against −1.3% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.39% a year.
Questions people ask
- Which returned more over the last year, HYS or JPIE?
- In the year to Nov 12, 2026, with distributions reinvested, HYS returned +1.4% and JPIE +2.5%.
- Which is cheaper, HYS or JPIE?
- JPIE is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, HYS against JPIE, data as of Nov 12, 2026. https://etfiq.com/compare/any/hys-vs-jpie
ETFIQ. (Nov 12, 2026). HYS against JPIE. Retrieved from https://etfiq.com/compare/any/hys-vs-jpie
[HYS against JPIE (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/any/hys-vs-jpie)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.
Net assets: $1.7bn on Jun 30, 2026 for PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund, and $11.5bn on Nov 12, 2026 for JPMorgan Income ETF.
HYS and JPIE
Total return, distributions reinvested, 1 year.
HYS +1.4%, JPIE +2.5%: JPIE +1.1 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.