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PICB vs JCPB

Invesco International Corporate Bond ETF vs JPMorgan Core Plus Bond ETF

PICB

Invesco International Corporate Bond ETF

Annual cost

0.50%

Fund size

$356M

JCPB

JPMorgan Core Plus Bond ETF

Annual cost

0.38%

Fund size

$12.4B

Key differences

Both PICB and JCPB are fixed income ETFs. PICB charges 0.50% a year and JCPB 0.38%. The main difference: PICB follows a index tracking strategy; JCPB uses active selection.

  • PICB follows a index tracking strategy; JCPB uses active selection.
  • PICB covers global markets excluding the US; JCPB covers North America.
  • JCPB costs 0.12% less per year.
  • JCPB is much larger than PICB. Larger funds are usually more liquid and less likely to close.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PICBJCPB
Annual cost (TER)0.50%0.38%
Fund size (AUM)$356M$12.4B
Since20102019
Dividend yield3.30%4.93%
Asset classfixed incomefixed income
Regionglobal ex usnorth america
Strategyindex trackingactive selection
CAGR 1Y+1.6%+5.3%
CAGR 3Y+5.7%+4.8%
CAGR 5Y-2.5%+1.0%
Sharpe 3Y0.270.24
Volatility 1Y7.84%3.75%
Max drawdown-37.15%-16.67%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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