JPST
JPMorgan Ultra-Short Income ETF
Mentions (24Hr)
-100.00% Today
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Seeking a short-term cash parking lot. Why is the "SEC Yield" so high on iShare's $TIP and what are some other good options?
Ultra-Short Bond Funds turned were a terrible non-stock market investment!
Where is a decent place to park cash these days?
How to determine price/value of Ultra Short Term bond ETFs?
"Market is near the top so I hold cash in saving account" why not hold money market funds instead?
Mentions
yeah i was looking at FLOT, PAAA and JPST with some SGOV.
JPST MINT GSY NEAR ICSH PULS BOXX https://etfdb.com/etfs/bond-duration/ultra-short-term/
ultrashort corporates as well. JPST
Ultrashort bond funds might fit what you’re looking for. Check out ICSH and JPST.
Sell it all and go to $JPST. It's the safest bet while the crash happens.
If by some miracle the market continues to gain consistently in the years ahead, the bulk of my investments will gain, and JPST will benefit from monthly dividend reinvestments. If things don’t go well for the market, at least I have money ready to buy. A dry powder position is not wasteful, it’s strategic.
I use JPST as my “dry powder” fund. It’s active managed, stable, better returns than money markets. I know there is a disagreement about having money on the sideline, but I think it’s crucial right now. If the market significantly drops, I want some money ready to lower my cost basis on losses.
I compare total return and avoid even small drops in price. That's why I stopped using JPST.
ICSH, JPST, or FCNVX if it’s low risk returns you seek that beat money markets.
Without knowing her liquidity needs, you’re in a weird spot. Take risk and run out of money faster but also enable her to maybe make it a bit longer? Tough call. If you need max return min risk, put 150k into a 5.3% fixed annuity 5 years and set a withdrawal rate on that of 15000/yr. Put the rest in short treasuries, JPST, maybe 50k into something with intermediate duration so you make some money if rates come down.
That JPST holding lmao. But the PLTR is real :D
You could put your cash in something like JPST and receive higher yield with low risk. The NAV stays pretty constant but it’s currently paying about 5%
BOXX 4.47% APR (based on last 30 days) • WMPXX 4.43% APR (available at Wells for $50+ purchases) NEAR/MINT/JPST might be better • List of MMMF ranked by 7-day-yield. Yahoo Finance gives APR numbers (slightly higher). WMPXX 4.35% (4.43% APR) https://moneymarket.fun
To answer your first question - the rate is .75 above fed for the first year Then jumps to 1.75 for the second So it is variable To answer your second - we have considered just paying in cash and may still do that in the end. But for the time being we have held onto our assets in our brokerage and have reduced the risk of a margin call at the moment by placing them in JPST. We also Have a tenant that is paying. We figured we would have some time to make that decision (at least until the rate goes up). The question now is: Do we sell enough to pay for the entire house and just live debt free? pay enough down to reduce our % margined? a hybrid cash loan Or redistribute our brokerage to attempt to gain a higher return ? Or refinance and just get a traditional mortgage? It may not be financially savvy but the idea of owning the property out right is appealing. In the event you don’t pay your mortgage the bank will take the house back.
>The margin rate is 5.25% in year 1, then 6.25% in year 2. for comparison the lowest mortgage rate we could find was 6.99. 1. That margin rate is not fixed. It is probably expressed as something like SOFR+0.9%, going to SOFR + 1.9% in a year. 2. JPST yields less than your margin rate. It is unlikely that you have significant unrealized capital gains in JPST. Why not just sell $380k of JPST and improve both your cash flow and eliminate the uncertainty in your margin rate by eliminating the margin loan?
I’d optimize it more if you have a significant amount of cash. Sounds like a money market. You’re basically paying to use that. They are siphoning returns off you to pay for that product. Look into SGOV and JPST if you really want to maximize your idle cash
If all you want is basically liquid cash I would suggest: BIL, SGOV, SCUS, ICSH, JPST. All of those are cash equivalent funds. It is basically impossible to time exit and entry points in the market. If you have a good mix of stock/bond (80/20, 70/30) then in bear markets you can reallocate money from your bonds into your stock funds.
JPST which is the equivalent of 5% savings account but is my only green holding at the moment
yes, that's what puzzled me -- lower rated securities. I think the (avg) duration is the difference maker. JPST is 0.76 years. PGIM is 0.2 It's like PGIM is "too short"? Considering the medium end of curve is falling more then the short. It's possible the makeup of PULS has changed since COVID? You might like the BondBloxx series of ETFs then. I have XONE and XFIV in my portfolio. There are others.
That’s interesting. I just looked at the holdings again. JPST holds more treasuries and also holds more lower rated bonds. I can’t buy money market/mutual funds, unfortunately, because I live abroad. But I can buy ETFs, stocks and bonds.
JPST has outperformed PULS a little. BILS is my largest holding. PULS was/still #2...but reducing it in favor of JPST. During COVID it's max drawdown was 1%? JPST. PULS was 3%. PULS has more private capital/equity holdings from what I gleaned - like ARES, etc... still short term loans...but can underperform I'm learning. I'm sticking more in SWVXX. But drawing up a list of things to buy soon...things I used to own.
I’ll have another look at JPST. Can’t remember what I didn’t like about it, though I think it holds more treasuries and has a higher expense ratio, but don’t remember for sure. It’s bigger and more popular, though. Yes, dividend stocks and ETFs are tanking right now, too, but I expect them to keep paying dividends and recover in time.
yeah, treasury website is archaic. I've been in PULS for months....shifting to JPST. in a plunging market - dividend stocks will tank too - see SCHD.
Yup. Went all bonds/money market in Jan. Even my “play account” I put into JPST prior to Liberation Day lol
I'm *just* in the 1% and I can tell you exactly how it works. For the past few months I've slowly been selling off positions and putting the money in cash and cash equivalents (like JPST). I also took some hedge positions like VXX. That's allowed me to amass about a half million and now I'm just strategically buying with fairly low limit orders that are getting filled as the stocks (in otherwise strong companies) drop. Now, increase that by several orders of magnitude and there you go. And if you don't think it works, my fuck around portfolio (where I take bigger bets, not options or anything) is up 5% so far this year. That only represents about 25% of my investments. Another quarter is in PE and the rest is just boring long positions (retirement accounts, funds, etc.).
I'm loving this. I just completely rotated out of my VXX position and was up 20% in that. I have about a third of my portfolio in cash, a third in PE and real estate and a third in stocks. My retirement accounts are just target date funds so they're down a bit, but that's only about 2/3 of my stocks. The rest of the stocks are ones I've been picking and they've been up recently. My fuck around portfolio (about 5% up YTD) is about 50% JPST, 15% cash and the rest individual stocks. It's killing the market.
"Active ETFs" is a broad category that, other than the ARKKs of the world, also includes ultra short bond funds like JAAA, JPST, and PULS, covered call like JEPI, and all the buffer funds out there (there are a lot). So this story might as well read "ETFs continue to see inflows".
I have a portfolio that is about 25% of my overall investment portfolios. I have about 60% in JPST, 17% in VXX and the rest in various other stocks ranging from penny to AAPL. It's my fuck around portfolio. Today, I was up 1.2% today with basically 60% in cash (well JPST, which is basically like cash). I'm really waiting for the VXX position to start going nuts.
Bond and Treasury ETFs. I have roughly half of my portfolio in floating-rate ETFs like FLTR and JPST. Another 15% of my portfolio in TLT. Better rates than CDs and HYSA, still some risk but they don't drop much during a correction, and they rebound quickly. TLT is obviously much more sensitive to interest rates but it still a relatively safe place to park money considering it's at historical lows.
With $200K in cash and a short-term horizon (a couple of years), your best strategy is to balance liquidity, safety, and yield. Here are some solid options: 1. High-Yield Savings or Money Market Accounts (4-5%) Fully liquid and FDIC-insured (if at a bank). Some accounts offer 5%+ APY right now. Good for keeping some funds accessible while earning something. 2. Treasury Bills (T-Bills) (5%+ APY, risk-free, short-term) 3, 6, or 12-month T-bills through TreasuryDirect or a brokerage. No state/local tax on interest (big plus in high-tax states). Roll them over if rates stay attractive. 3. Brokered CDs (5%+ APY, liquid if sold early) Higher rates than bank CDs. You can sell them before maturity (potential loss if rates rise). FDIC-insured up to $250K per bank. 4. Ultra-Short-Term Bond Funds (4-6%) Funds like JPST (JPMorgan Ultra-Short Income ETF) or VUSB (Vanguard Ultra-Short Bond ETF) offer higher yields than savings/CDs. More liquid than a multi-year private equity investment. 5. Short-Term Corporate Bond ETFs (5-7%) SPSB (SPDR Portfolio Short Term Corp. Bond) or VCSH (Vanguard Short-Term Corp. Bond) can provide a better yield than T-bills with some risk. Not FDIC-insured, but relatively stable. Best Strategy? If you need a mix of safety, liquidity, and decent returns: $50K in high-yield savings/MMF (for liquidity). $100K in T-Bills or Brokered CDs (safe, 5%+). $50K in short-term bond ETFs (slightly higher yield). This keeps you flexible while earning 5-6%+ without locking up your cash for years. If rates stay high, you can roll into new T-bills/CDs. Would you prefer more liquidity or are you willing to take some risk for higher returns?
Why not park the cash in short-term T-Bills ETF? These operate like savings account with principal protection. Some options are BIL, SGOV, JPST among others....
This is an interesting thread. Is there anything wrong with taking dividends/gain to CASH from lets say, a steady Money Market fund (SWVXX/JPST, E.g 22% of portfolio) & REINVESTING all dividends in the Equities, E.g 78%). Then just adding the money market dividends as opportunities arise or just at the end of each month ?
My wife and I are at the stage where we need to move more of our money away from equities and into stable things like bonds. I don't like the idea of government bonds because they pay so poorly creative to things like corporate bond ETFs. Presently, we have about 12% in things like JPST, DXV and Romspen (a mortgage investment corporation). I want to move that to 20% or so, then step it up as we age. What do you do or recommend for that part of your investments?
Sorry for your loss , I would put 30 % VOO + 15 % QQQ + 15 % IWM + 20 % JPST + 20 % cash just in case . But I would for sure check with a Fiduciary adviser . God Bless
I would look at short/ultra short bond ETFs ( JPST or PULS). These will give you yield above money markets. Duration risk is low, so you won’t see swings in price as you would inventing in the US aggregate index. Of course, these are technically a bit more risky than money market funds but the next thing closest to it (in terms of risk). 5 years is a decent amount of time, maybe allocate 10-20% to an equity fund to see if you can capture some growth over the next 6 years. It really comes down to your risk tolerance.
Check out JPST or NEAR invests primarily in US Treasuries with some commercial paper and super short term stuff further down the yield curve
Look at MINT, NEAR, and JPST. Ultra-short bond funds. Better overall return lately, but not as stable as Treasuries. Some better months and some poor months. SGOV
https://www.pimco.com/us/en/resources/education/everything-you-need-to-know-about-bonds Yes you can buy a bond index fund in a mutual fund structure or an ETF structure. Bonds (excluding I-bonds) are priced in a market like stocks, and insofar as markets are efficient and you we don't know more than the aggregated market equilibrium, one type of bond won't look better than another type. However, different bond types have different risk profiles and some may be more suitable for you than others. If you are looking for minimal risk, then short term, high rated bonds are better: USFR or SCHO or money market fund. If you want a little more credit risk for a little more yield, short term commercial bonds like JPST or STOT. If you want broad coverage of lots of types of bonds, there are aggregate funds like BKAG. These cover US treasurys and corporate bonds and agency mortgages but you can add more types of bonds with SCHP inflation linked and BNDX foreign. Long term bonds will be more volatile and may diversify your stock portfolio more: TLT or BLV High yield/junk bonds will have even more credit risk premium than investment grade bonds and will be even more correlated to stocks: HYLB
The best advice is just quit options period. The only options you should ever afford yourself EVER is 1 year out on companies/etfs you KNOW are going nowhere and even then you would need to research the fuck out of it first. Your safest bet investment wise is just that: invest. You can't lose it all with stocks like you can with options. Honestly if you ever get yourself back to making 6 figures savings like you did TWICE then here is all you need to do: dump sizeable chunks of it into Dividend funds and REITs, period. I'm talking 60% into SCHD, DIV, or even JPST/BIL if you want something slow and absolutely risk free that you can pull out whenever, and the other 40% into VOO. That's all you had to do, TWICE in order to win and statistically even beat out options traders in longterm profitability and drawdown. In 10 years, tossing in roughly 300k from the sound of it, you would currently almost be at a mil easy due to compounding and growth. You have a gambling addiction. Addictions don't have to be constant, but their patterns still are. That's why so many of us don't see it and just treat it like "I can handle it better next time. It's just my emotions" no it's an issue with your brain chemistry and it's insidious. I would recommend possibly therapy or a support group. You are carrying a lot more on your shoulders than you are definitley letting on and giving yourself credit for, and you basically spilled your guts in this post. Seek help. Learn about bona-fide investing. Forget options exist unless you are looking at way far LEAPs, and then decide if you wouldn't rather own shares. Then buy shares. Buy dividend payers. Buy VOO. Also get a real broker. Fuck RH. It's only good for building up an IRA honestly and getting lucky, which usually doesn't happen and isn't proper trading. I hope you get something out of my response cause I kinda just rambled off what I want to tell myself 3 months ago before I lost all my profits after 3Xing my money after trying EVERY type of options trading strategies I could find. I had lots of oppurtunity where I could've 1000% my account multiple times and fumbled or straight up lost. And I can admit I have a problem. Admit you have a problem and take it from there OP. Good luck.
Y'all laughed at me for borrowing 3k to put 9k in JPST. Who's laughing now https://preview.redd.it/w3k2pmoom8nd1.png?width=1080&format=pjpg&auto=webp&s=cfe9fc8fb4093352c4d044343db072bfcf6ce46a
All in JPST, until Septembear ends.
FRSXX. Buy at Wells for $50. SGOV. BOXX if high tax brackets. Synthetic 1-3 Month Treasury. Capital gains instead of Dividends. If you can handle a tiny bit of risk, JPST 6.35% ultra-short bond for low tax brackets. I have JPST and BOXX. Tiny bit of FRSXX, WMPXX, PCOXX, TMCXX, FZDXX, FDLXX, SPRXX, and SPAXX.
We don't know the % repurchase agreements until the end of the year. I don't personally have VUSXX. I buy FRSXX (99.5% Treasuries), JPST 6.35% (ultrashort bond fund), and BOXX (synthetic 1-3 month Treasury). VUSXX had 20-45% repos in 2022 & 2023, so I stayed away. We have yet to see what 2024 will bring. I do not want to gamble on VUSXX decisions. SGOV is a safer way to hold Treasuries. Or just hold Treasuries directly. I think BOXX is even better. Get capital gains instead of dividends. LTCG is 0% Federal tax up to about $55,000 (single) or $93,000 (married) - brackets change each year.
I use E*trade as my brokerage and they offered a savings acct at that rate a year ago. It’s probably variable and has dropped since then; I wasn’t paying much attention since all my savings was in the brokerage. JPST delivers 5.28% apr at the moment, paid monthly as dividends- I think it’s tied to 10yr treasuries. Not sure what the tax burden is on that though- interest or capital gains or maybe it doesn’t matter. I’m clearly no professional
I like JPST for its dividend
Money market fund like SWVXX or similar ETF or directly buy treasurys like tbills or floating rate notes or a similar. If you are okay with a little risk you could do a commercial paper fund like JPST.
Picking up shares of ProShares UltraShort (SDS) and adding JPM Ultra Short Income (JPST) as FI (Fixed Income) yields continue to rise. Like Cardi B lyrics says, “If it’s up, then it’s up, then it’s up, then it’s stuck.” Until the Fed gets it unstuck easy money on the short end of the curve. #easymoney
ICSH JPST then just transfer to checking account when funds are needed
If you want to dip into the investing world but need lower risk because you’re using the money in a few years, I’d suggest looking into JPST or JEPQ.
Hypothetically, they should be properly allocating your money and rebalancing your portfolio. Sure, the highs are great, but if you're solely in equities and the market tanks, if you drop 50%, you have to make 100% to get back to where you were. Given your age, and assuming your risk tolerance is aligned, you could do that. But, professional *should* be trying to shave off a bit of risk so you don't have to make such large gains back to just get back to where you were. Also, they can help you plan for certain things and give you ideas. For example, my wife and I were doing a major renovation and I didn't want to put the cash in equities and it needed to be relatively liquid. My advisor (a friend who was independent and ran his own shop) recommended JPST since it's traded, but only invests in short term bonds and pays a monthly dividend that ends up being around (now) 5% per year. It was perfect for my situation and had he not said that, I wouldn't have known about it.
Not a father but I put my nieces' 529s in 100% stocks. They are currently younger than yours and I don't intend to reduce it until a couple years out. But you obviously have more responsibility and more money at stake. You don't want to go too high risk and be uncertain how much you (and/or they) will have / need to save, but you also don't want to go too low and give up potential gains and maybe underperform the rate of tuition inflation. You listed a bunch of distribution-focused funds, including ones that use option premiums. If a high distribution rate gives you more confidence in their performance, then I say go for it. But in general I don't see a point in shuffling money around from one pocket to the other and back again. For a medium risk portfolio: 15% VTI, 15% VFMF, 10% VXUS, 25% BNDW, 10% JPST, 10% SCHP, 10% DBMF, 5% IAU
MINT is 5.60% JPST is 5.62% NEAR is 5.57% Don't know what you're talking about.
MINT is 4.57% JPST is 4.41% NEAR is 4.06% None of those yield better than a money market at 5%
Commercial paper - NEAR, JPST, MINT
You buy T-bills from Treasury direct, a govt website. It's a simple process. Or you can buy a short term bond etf like USFR or SCHO or JPST (though JPST also holds some A-rated short duration corporate debt and MBS debt). But if you buy from Treasury direct there are no state taxes on gains.
Buy into a short term bond etf. I like JPST, currently yielding around 5.5%, it will almost cover your robinhood gold fee
So you are gonna pay $5 a month to use a shitty imitation broker when you can open a CIT HY Savings account and for free and earn 5.05%. Buy JPST with your uninvested cash. Do anything thats free that isn’t paying RH money for something thats free everywhere else.
> I'd like to throw like $5,000.00 into something (maybe like a JPST/JEPI type) until i feel good enough to throw some of this cash into more "riskier" assets (stocks)? JEPI is riskier than some stocks and less risky than other stocks. The same goes for other ETFs. Your comment said stocks were riskier than JEPI, which isn't blanket true, especially if your concept of "risk" includes missing out on opportunities. JEPI may be below average risk, but it isn't a lot less risky. Less volatility does not equal less risk.
I would go with something with more flexibility in case opportunities present themselves. Things like JPST or FCNVX are very close to CDs in both rates and risk terms.
Don’t look at yield unless your looking primarily for income. If your looking for total return look at yield to maturity. That encapsulates the income and appreciation component (bonds that are trading at below par that will mature at par). If you want primarily income, short dated funds are more reflective of short term rates. I use JPST for my cash/ short term holdings. Yield of over 5% but has little duration so it will not benefit from declining interest rates like a longer term holding will.
We're doing a major renovation to our house so we've been keeping the cash in JPST. It's a short term bond ETF that is giving any a 4% annual dividend monthly. We've been in it for 3 months and the price of the shares has moved about 0.4% and we've gotten distributions worth about 0.7%. It's been working for us.
A general misunderstanding is that when you buy a share of ETF, you directly own the stocks in that ETF. That's not true. Therefore, the price of an ETF doesn't always reflect the prices of the stocks in its portfolio. This is called "performance drift." If you are looking for a high dividend yield ETF that is super stable, look up JPST. This blog talks about four high dividend yield ETFs: https://www.tryshare.app/blog/etf-spotlight-series-4-best-high-dividend-etfs-that-pay-monthly
JPST can lose money moron
I'm so confused as to why people are buying CDs at like 4.5% when you can just buy an ETF like JPST and get 4.8% that pays monthly and you're free to sell whenever you want...
No, the way for a company to store their cash in a safe and responsible way is to have it in a bank account, have it in money markets, have it non-volatile investments like JPST or something like that. But, it's definitely a risky as shit move to repurchase your own stock if your goal is to preserve capital. What happens if your market segment declines and you're caught in the decline. That cash isn't too safe anymore. It's pumping up the stock, more than likely so some executives can exercise their options and make more money than if stock buybacks were illegal.
>JMST Well. The yield is a lot lower than JPST. You have to be in almost the top tax bracket to make JMST worth it I believe.
JPST. 4.75%. even better liquidity than MMFs.
JPST is a good one as well. ETF technically gives you faster access in case you need it
JPST roughly 50% and SELF at 15% next for an actual equity
You can lose principal in any fund/etf. MMFs can have principal losses if they ever breaks the buck. JPST is no different. I haven’t ever seen it have a negative year. When it pays the dividend out every month the value goes down which is why performance on it looks weird. If you pull it up and look at performance YTD or for any specific year it’s never been negative
Buy a money market fund like JPST in ur brokerage account which has an annualized dividend of slightly above 4%. I would say just DCA if u don’t need the money due to long term market outperformance
27 had 100k invested mostly in various different ETFs (JEPI, JPST) and bonds I Bonds etc. Income from rental properties and personal businesses.
You can get a better yield right now on a treasury bill or treasury bill ETF than you can get on JPST. Plus the treasuries would be state tax exempt if thats important for you.
I'm putting any and all gains into JPST right now. No time to throw money back into the casino.
There are products traded on stock exchanges that meet OP's criteria, like $GBIL or $JPST.
FWIW I went with JPST over MINT for a slightly lower ER. Really didn't put much time into researching though, just parking some money for ~6 months.
Yeah this is right. JPST yield is 4.33% right now.
I think that 1.19% is a trailing 12 month yield, which would not accurately assess the current yield since rates have gone up so much recently. I think the 30 day yield on JPST was four-point-something, which would make sense considering risk premium vs a money market fund with a 7 day yield of 3.37%.
Oh awesome thanks for the info. One question though on fidelity I’m seeing SPAXX as a 3.37% yield and JPST at 1.19%. So am I right by saying you’d be assuming more risk for less reward by going in JPST vs a money market with the yield SPAXX currently has?
Agreeing with most of what you said but the return your quoting does not take into account cash distributions. With cash distributions, JPST is up about .6%
JPST is an ultra short term bond fund. That means that the fund invests in investment grade bonds with up to a year duration. Ultra short term bond funds are more resistant to price fluctuation from changing interest rates than longer duration bonds. Even so, they are not immune and JPST has lost about 0.7% over the last 12 months as bond prices have fallen. Bond funds are not the same investment as SPAXX which is a government money market fund. Gov money markets have virtually zero risk of loss to capital as they invest in short term government obligations fully secured by cash. So yes, a gov money market will have lower yield but virtually zero risk. An ultra short term bond fund has higher yield but slightly higher risk.
NEAR and JPST if you want to stay liquid (no year long lock in).
JPST or BIL. short rates are looking very attractive
IPSh JPST these are very short term bond funds
Check which money market funds your broker offers (five letter tickers ending in XX). Those won't have bid ask spreads like an ETF will. But if you want an ETF, SHV, BIL, USFR are ultrashort term, no credit risk ETFs. JPST, NEAR, MINT are commercial paper ETFs with no duration exposure but they do have some credit exposure. BSV, STOT have a little duration exposure and a little credit exposure.
T-bills/floating rate treasurys: BIL USFR SHV For a bit more credit premium, commercial paper: JPST NEAR MINT
JPST and MAFRX are up over the past two years, and ICSH is flat.
* Series I bonds * JPST, VUSB, ICSH
As a self employed individual, you should be able to open a Solo-401(k) or SEP IRA for more tax advantaged space. I am not super familiar with the process or if there's any fees or gotchas to watch out for. If you're looking for a one and done fund to save for early retirement, NTSX may work. It's fairly high risk, only a little bit less than a 100% stock fund, but it has some bond exposure overlaid using futures as well so it benefits more from diversification than a typical 100% stock fund. Bonds have done pretty terribly over the last year and I can't say they will do any better next year but I can say they have less dismal yield now than a year ago. If you're looking for something that won't drop at all in value as a replacement for your bank account, there aren't too many options. I-Bonds as FinancialHistorian75 mentioned are the best deal right now for 10k if you are willing to lock the money up for a year and willing to deal with TreasuryDirect.gov (they made me get a medallion signature from my bank when I opened an account). The Fed just started raising rates above zero so your bank account should have at least 0.25% interest now and rise 0.50% more after May. If not, they will likely keep lagging behind competitors and you should shop around for one that does (I see a few with 0.5% currently like GS Marcus and Ally). A money market fund in a brokerage account would be similar. If you're okay with a little volatility, short term bond funds are the next up on the risk scale. Like BSV, JPST, STOT. Then intermediate term bond funds like BNDW and maybe mix in inflation linked bonds like SCHP. Then a portfolio of stocks and bonds, with more bonds and TIPS being more conservative and more stocks being more risky. Broad stock market indices fell a little over 50% in the 2008 financial crisis, 2000 dot com crash, and the '70s stagflation period in real terms so that's what I use a rough gauge of what to expect from stocks. Keep in mind that some individual sectors and smaller country markets lost much more, and individual stocks can go to zero, which is why diversification is important. https://www.bogleheads.org/wiki/Getting_started
YTD: JPST -0.42% MINT -1.37% Yeah, in the Ultrashort category that much of a difference is massive, especially after only 1 quarter.