CIK vs. JIRE

Last updated Aug 4, 2026

CIK (Credit Suisse Asset Management Income Fund) and JIRE (JPMorgan International Research Enhanced Equity ETF) are both funds - CIK is a High Yield Bonds fund tracking the BofA Merrill Lynch US High Yield Master II Constrained Index, while JIRE is a Foreign Large Cap Equities fund actively managed by JPMorgan. CIK is passively managed, while JIRE is actively managed. Over the past 3 years, CIK returned 2.33%/yr vs 17.20%/yr for JIRE. Their 0.35 correlation means their historical movements had little consistent relationship. CIK charges 1.50%/yr vs 0.24%/yr for JIRE.

Performance

CIK vs. JIRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credit Suisse Asset Management Income Fund (CIK) and JPMorgan International Research Enhanced Equity ETF (JIRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIK achieves a -8.86% return, which is significantly lower than JIRE's 12.01% return.

CIK

• 1D: 0.00%
• 1M: -0.41%
• 6M: -9.26%
• YTD: -8.86%
• 1Y: -9.72%
• 3Y*: 2.33%
• 5Y*: 2.18%
• 10Y*: 7.03%
• ALL TIME*: 4.55%

JIRE

• 1D: 0.49%
• 1M: 1.30%
• 6M: 6.03%
• YTD: 12.01%
• 1Y: 25.17%
• 3Y*: 17.20%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CIK Credit Suisse Asset Management Income Fund	$807.09K	$1.09M	$1.61M
JIRE JPMorgan International Research Enhanced Equity ETF	$46.93M	$36.01M	$37.99M

CIK vs. JIRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CIK Credit Suisse Asset Management Income Fund	-8.86%	7.53%	1.01%	36.79%	-3.95%
JIRE JPMorgan International Research Enhanced Equity ETF	12.01%	31.83%	3.15%	20.00%	5.09%

Correlation

The correlation between CIK and JIRE is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (3Y) Balances recent behavior with more history.	0.34
Correlation (All Time) Calculated using the full available price history since Jun 13, 2022	0.35

Return for Risk

CIK vs. JIRE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CIK

CIK Risk / Return Rank: 1
CIK Sharpe Ratio Rank: 0
CIK Sortino Ratio Rank: 0
CIK Omega Ratio Rank: 0
CIK Calmar Ratio Rank: 1
CIK Martin Ratio Rank: 1

JIRE

JIRE Risk / Return Rank: 63
JIRE Sharpe Ratio Rank: 65
JIRE Sortino Ratio Rank: 66
JIRE Omega Ratio Rank: 63
JIRE Calmar Ratio Rank: 58
JIRE Martin Ratio Rank: 63

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CIK vs. JIRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Asset Management Income Fund (CIK) and JPMorgan International Research Enhanced Equity ETF (JIRE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CIK	JIRE	Difference
Sharpe ratio: Return per unit of total volatility	-0.85	1.57	-2.42
Sortino ratio: Return per unit of downside risk	-1.20	2.24	-3.45
Omega ratio: Gain probability vs. loss probability	0.86	1.28	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.63	2.15	-2.78
Martin ratio: Return relative to average drawdown	-1.16	7.84	-9.00

CIK vs. JIRE - Sharpe Ratio Comparison

The current CIK Sharpe Ratio is -0.85, which is lower than the JIRE Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of CIK and JIRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CIK vs. JIRE - Drawdown Comparison

The maximum CIK drawdown since its inception was -54.81%, which is greater than JIRE's maximum drawdown of -16.11%. Use the drawdown chart below to compare losses from any high point for CIK and JIRE.

Drawdown Indicators

	CIK	JIRE	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-16.11%	-38.70%
Max Drawdown (1Y) Largest decline over 1 year	-15.49%	-11.77%	-3.72%
Max Drawdown (3Y) Largest decline over 3 years	-15.49%	-13.61%	-1.88%
Max Drawdown (5Y) Largest decline over 5 years	-26.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.15%	—	—
Current Drawdown Current decline from peak	-13.11%	-0.14%	-12.97%
Average Drawdown Average peak-to-trough decline	-13.32%	-2.97%	-10.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.41%	3.22%	+5.19%

Volatility

CIK vs. JIRE - Volatility Comparison

The current volatility for Credit Suisse Asset Management Income Fund (CIK) is 3.09%, while JPMorgan International Research Enhanced Equity ETF (JIRE) has a volatility of 4.66%. This indicates that CIK experiences smaller price fluctuations and is considered to be less risky than JIRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIK	JIRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.09%	4.66%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	9.23%	13.96%	-4.73%
Volatility (1Y) Calculated over the trailing 1-year period	11.53%	16.16%	-4.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	16.33%	-0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	16.33%	+0.95%

CIK vs. JIRE - Expense Ratio Comparison

CIK has a 1.50% expense ratio, which is higher than JIRE's 0.24% expense ratio.

Dividends

CIK vs. JIRE - Dividend Comparison

CIK's dividend yield for the trailing twelve months is around 10.55%, more than JIRE's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIK Credit Suisse Asset Management Income Fund	10.55%	9.54%	9.34%	8.63%	10.71%	7.87%	8.57%	8.39%	9.64%	7.98%	8.35%	9.50%
JIRE JPMorgan International Research Enhanced Equity ETF	2.67%	2.99%	3.03%	2.74%	2.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CIK and JIRE in my portfolio?

CIK and JIRE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CIK or JIRE?

JIRE has higher volatility (4.66%) compared to CIK (3.09%). In terms of maximum drawdown, CIK dropped -54.81% vs JIRE's -16.11%.

Which has better risk-adjusted returns?

JIRE currently has the higher Sharpe Ratio (1.57 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.