ENFR vs. JPM

Last updated Jun 13, 2026

ENFR (Alerian Energy Infrastructure ETF) is Energy Equities fund tracking the Alerian Midstream Energy Select Index, while JPM (JPMorgan Chase & Co.) is a stock. Over the past 10 years, ENFR returned 12.28%/yr vs 21.02%/yr for JPM. At a 0.44 correlation, their price movements are largely independent.

Performance

ENFR vs. JPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alerian Energy Infrastructure ETF (ENFR) and JPMorgan Chase & Co. (JPM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ENFR achieves a 25.97% return, which is significantly higher than JPM's 0.50% return. Over the past 10 years, ENFR has underperformed JPM with an annualized return of 12.28%, while JPM has yielded a comparatively higher 21.02% annualized return.

ENFR

• 1D: 0.73%
• 1M: 0.52%
• YTD: 25.97%
• 6M: 26.39%
• 1Y: 26.50%
• 3Y*: 28.39%
• 5Y*: 19.43%
• 10Y*: 12.28%

JPM

• 1D: 2.31%
• 1M: 6.82%
• YTD: 0.50%
• 6M: 1.66%
• 1Y: 21.89%
• 3Y*: 34.22%
• 5Y*: 17.82%
• 10Y*: 21.02%

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

ENFR vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENFR Alerian Energy Infrastructure ETF	25.97%	5.88%	42.17%	15.63%	17.48%	39.97%	-24.14%	21.60%	-18.67%	-0.19%
JPM JPMorgan Chase & Co.	0.50%	37.27%	44.29%	30.63%	-12.64%	27.75%	-5.53%	47.26%	-6.62%	26.76%

Correlation

The correlation between ENFR and JPM is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013	0.44

Over the past year, the correlation between ENFR and JPM has dropped to 0.11 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

Return for Risk

ENFR vs. JPM — Risk / Return Rank

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

ENFR

ENFR Risk / Return Rank: 62
ENFR Sharpe Ratio Rank: 63
ENFR Sortino Ratio Rank: 62
ENFR Omega Ratio Rank: 59
ENFR Calmar Ratio Rank: 70
ENFR Martin Ratio Rank: 53

JPM

JPM Risk / Return Rank: 69
JPM Sharpe Ratio Rank: 74
JPM Sortino Ratio Rank: 66
JPM Omega Ratio Rank: 66
JPM Calmar Ratio Rank: 70
JPM Martin Ratio Rank: 70

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.

ENFR vs. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) and JPMorgan Chase & Co. (JPM). 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.

	ENFR	JPM	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.01	+0.81
Sortino ratio: Return per unit of downside risk	2.52	1.43	+1.09
Omega ratio: Gain probability vs. loss probability	1.31	1.18	+0.13
Calmar ratio: Return relative to maximum drawdown	3.08	1.42	+1.66
Martin ratio: Return relative to average drawdown	8.18	3.36	+4.83

ENFR vs. JPM - Sharpe Ratio Comparison

The current ENFR Sharpe Ratio is 1.82, which is higher than the JPM Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of ENFR and JPM, 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

ENFR vs. JPM - Drawdown Comparison

The maximum ENFR drawdown since its inception was -68.28%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for ENFR and JPM.

Drawdown Indicators

	ENFR	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-68.28%	-76.16%	+7.88%
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	-15.47%	+6.83%
Max Drawdown (3Y) Largest decline over 3 years	-15.58%	-24.42%	+8.84%
Max Drawdown (5Y) Largest decline over 5 years	-20.29%	-38.77%	+18.48%
Max Drawdown (10Y) Largest decline over 10 years	-62.64%	-43.63%	-19.01%
Current Drawdown Current decline from peak	-3.91%	-3.66%	-0.25%
Average Drawdown Average peak-to-trough decline	-15.95%	-17.62%	+1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	6.54%	-3.29%

Volatility

ENFR vs. JPM - Volatility Comparison

The current volatility for Alerian Energy Infrastructure ETF (ENFR) is 5.63%, while JPMorgan Chase & Co. (JPM) has a volatility of 6.35%. This indicates that ENFR experiences smaller price fluctuations and is considered to be less risky than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENFR	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	6.35%	-0.72%
Volatility (6M) Calculated over the trailing 6-month period	11.48%	16.67%	-5.19%
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	21.76%	-7.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.30%	24.46%	-5.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	27.39%	-2.72%

Dividends

ENFR vs. JPM - Dividend Comparison

ENFR's dividend yield for the trailing twelve months is around 3.98%, more than JPM's 1.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	3.98%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
JPM JPMorgan Chase & Co.	1.84%	1.72%	1.92%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%

Frequently Asked Questions

Can I hold both ENFR and JPM in my portfolio?

ENFR and JPM have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ENFR or JPM?

JPM has higher volatility (6.35%) compared to ENFR (5.63%). In terms of maximum drawdown, ENFR dropped -68.28% vs JPM's -76.16%.

Which has better risk-adjusted returns?

ENFR currently has the higher Sharpe Ratio (1.82 vs 1.01), 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.