DYFI vs. JPIE

Last updated Jun 4, 2026

DYFI (IDX Dynamic Fixed Income ETF) and JPIE (JPMorgan Income ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, DYFI returned 3.92% vs 5.90% for JPIE. A 0.56 correlation means they provide meaningful diversification when combined. DYFI charges 1.33%/yr vs 0.41%/yr for JPIE.

Performance

DYFI vs. JPIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IDX Dynamic Fixed Income ETF (DYFI) and JPMorgan Income ETF (JPIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYFI achieves a -0.13% return, which is significantly lower than JPIE's 1.43% return.

DYFI

• 1D: -0.11%
• 1M: 0.23%
• YTD: -0.13%
• 6M: 0.18%
• 1Y: 3.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPIE

• 1D: -0.13%
• 1M: 0.37%
• YTD: 1.43%
• 6M: 1.83%
• 1Y: 5.90%
• 3Y*: 6.43%
• 5Y*: —
• 10Y*: —

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

DYFI vs. JPIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DYFI IDX Dynamic Fixed Income ETF	-0.13%	3.76%	-1.37%
JPIE JPMorgan Income ETF	1.43%	7.39%	6.76%

Correlation

The correlation between DYFI and JPIE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.56

Over the past year, DYFI and JPIE have become more correlated (0.80) than their long-term average of 0.56, meaning their price movements have been converging.

Return for Risk

DYFI vs. JPIE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DYFI

DYFI Risk / Return Rank: 42
DYFI Sharpe Ratio Rank: 46
DYFI Sortino Ratio Rank: 45
DYFI Omega Ratio Rank: 49
DYFI Calmar Ratio Rank: 33
DYFI Martin Ratio Rank: 36

JPIE

JPIE Risk / Return Rank: 93
JPIE Sharpe Ratio Rank: 94
JPIE Sortino Ratio Rank: 96
JPIE Omega Ratio Rank: 96
JPIE Calmar Ratio Rank: 88
JPIE Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DYFI vs. JPIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IDX Dynamic Fixed Income ETF (DYFI) and JPMorgan Income ETF (JPIE). 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.

	DYFI	JPIE	Difference
Sharpe ratio Return per unit of total volatility	1.59	3.73	-2.13
Sortino ratio Return per unit of downside risk	2.22	5.87	-3.65
Omega ratio Gain probability vs. loss probability	1.31	1.84	-0.53
Calmar ratio Return relative to maximum drawdown	1.58	5.16	-3.58
Martin ratio Return relative to average drawdown	5.52	25.53	-20.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DYFI vs. JPIE - Sharpe Ratio Comparison

The current DYFI Sharpe Ratio is 1.59, which is lower than the JPIE Sharpe Ratio of 3.73. The chart below compares the historical Sharpe Ratios of DYFI and JPIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DYFI	JPIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	3.73	-2.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.98	-0.71

Drawdowns

DYFI vs. JPIE - Drawdown Comparison

The maximum DYFI drawdown since its inception was -4.54%, smaller than the maximum JPIE drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for DYFI and JPIE.

Drawdown Indicators

	DYFI	JPIE	Difference
Max Drawdown Largest peak-to-trough decline	-4.54%	-9.96%	+5.42%
Max Drawdown (1Y) Largest decline over 1 year	-2.49%	-1.15%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.40%	—
Current Drawdown Current decline from peak	-1.07%	-0.13%	-0.94%
Average Drawdown Average peak-to-trough decline	-1.41%	-2.10%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.71%	0.23%	+0.48%

Volatility

DYFI vs. JPIE - Volatility Comparison

IDX Dynamic Fixed Income ETF (DYFI) has a higher volatility of 0.87% compared to JPMorgan Income ETF (JPIE) at 0.60%. This indicates that DYFI's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DYFI	JPIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.87%	0.60%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	2.01%	1.28%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	2.48%	1.59%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.38%	3.52%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.38%	3.52%	-0.14%

DYFI vs. JPIE - Expense Ratio Comparison

DYFI has a 1.33% expense ratio, which is higher than JPIE's 0.41% expense ratio.

Dividends

DYFI vs. JPIE - Dividend Comparison

DYFI's dividend yield for the trailing twelve months is around 4.62%, less than JPIE's 5.62% yield.

Position	TTM	2025	2024	2023	2022	2021
DYFI IDX Dynamic Fixed Income ETF	4.62%	4.63%	5.93%	0.00%	0.00%	0.00%
JPIE JPMorgan Income ETF	5.62%	5.65%	6.11%	5.70%	4.49%	0.63%

Frequently Asked Questions

Can I hold both DYFI and JPIE in my portfolio?

DYFI and JPIE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DYFI or JPIE?

DYFI has higher volatility (0.87%) compared to JPIE (0.60%). In terms of maximum drawdown, DYFI dropped -4.54% vs JPIE's -9.96%.

Which ETF is better, DYFI or JPIE?

On 1-year performance, JPIE leads with 5.90% vs 3.92% for DYFI. On fees, JPIE is cheaper at 0.41% per year. On volatility, JPIE has been the lower-risk option at 0.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DYFI or JPIE?

Over the 1-year period, JPIE has performed better with a 5.90% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DYFI or JPIE?

JPIE is cheaper with a 0.41% expense ratio, compared with 1.33% for DYFI.

Which ETF pays a higher dividend yield, DYFI or JPIE?

JPIE has the higher dividend yield at 5.62%, compared with 4.62% for DYFI.

What is the main difference between DYFI and JPIE?

They also come from different issuers: IDX and JPMorgan. Their fees differ too: 1.33% for DYFI and 0.41% for JPIE.

Which has better risk-adjusted returns?

JPIE currently has the higher Sharpe Ratio (3.73 vs 1.59), 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.