FLXR vs. JPLD

Last updated Jun 4, 2026

FLXR (TCW Flexible Income ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - FLXR is a Multisector Bonds fund actively managed by TCW, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. Both are actively managed. Over the past year, FLXR returned 5.89% vs 4.71% for JPLD. A 0.61 correlation means they provide meaningful diversification when combined. FLXR charges 0.40%/yr vs 0.24%/yr for JPLD.

Performance

FLXR vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Flexible Income ETF (FLXR) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FLXR having a 1.09% return and JPLD slightly lower at 1.04%.

FLXR

• 1D: -0.18%
• 1M: 0.36%
• YTD: 1.09%
• 6M: 1.43%
• 1Y: 5.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPLD

• 1D: -0.06%
• 1M: 0.19%
• YTD: 1.04%
• 6M: 1.37%
• 1Y: 4.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLXR vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLXR TCW Flexible Income ETF	1.09%	8.37%	4.77%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.04%	6.01%	3.22%

Correlation

The correlation between FLXR and JPLD is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 25, 2024	0.61

The correlation between FLXR and JPLD has been stable across timeframes, ranging from 0.55 to 0.61 - a consistent structural relationship.

FLXR vs. JPLD - Sectors Allocation Comparison

Sectors	FLXR	JPLD
Healthcare	62.4%	5.6%
Real Estate	37.6%	7.8%
Basic Materials	-	1.4%
Communication Services	-	10.1%
Consumer Cyclical	-	1.6%
Consumer Defensive	-	0.1%
Energy	-	0.1%
Financial Services	-	13.7%
Industrials	-	0.1%
Technology	-	7.4%
Utilities	-	0.4%

Return for Risk

FLXR vs. JPLD — Risk / Return Rank

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

FLXR

FLXR Risk / Return Rank: 82
FLXR Sharpe Ratio Rank: 79
FLXR Sortino Ratio Rank: 86
FLXR Omega Ratio Rank: 83
FLXR Calmar Ratio Rank: 78
FLXR Martin Ratio Rank: 84

JPLD

JPLD Risk / Return Rank: 91
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 95
JPLD Omega Ratio Rank: 94
JPLD Calmar Ratio Rank: 85
JPLD Martin Ratio Rank: 90

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.

FLXR vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Flexible Income ETF (FLXR) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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.

	FLXR	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	2.61	3.22	-0.61
Sortino ratio: Return per unit of downside risk	3.94	5.29	-1.34
Omega ratio: Gain probability vs. loss probability	1.51	1.68	-0.17
Calmar ratio: Return relative to maximum drawdown	4.04	4.71	-0.67
Martin ratio: Return relative to average drawdown	17.36	21.78	-4.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLXR vs. JPLD - Sharpe Ratio Comparison

The current FLXR Sharpe Ratio is 2.61, which is comparable to the JPLD Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of FLXR and JPLD, 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

	FLXR	JPLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	3.22	-0.61
Sharpe Ratio (All Time) Calculated using the full available price history	2.65	3.25	-0.60

Drawdowns

FLXR vs. JPLD - Drawdown Comparison

The maximum FLXR drawdown since its inception was -1.94%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for FLXR and JPLD.

Drawdown Indicators

	FLXR	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-1.94%	-1.17%	-0.77%
Max Drawdown (1Y) Largest decline over 1 year	-1.46%	-1.00%	-0.46%
Current Drawdown Current decline from peak	-0.23%	-0.12%	-0.11%
Average Drawdown Average peak-to-trough decline	-0.36%	-0.15%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	0.22%	+0.12%

Volatility

FLXR vs. JPLD - Volatility Comparison

TCW Flexible Income ETF (FLXR) has a higher volatility of 0.76% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.37%. This indicates that FLXR's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLXR	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.76%	0.37%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	1.65%	0.97%	+0.68%
Volatility (1Y) Calculated over the trailing 1-year period	2.26%	1.47%	+0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.79%	1.83%	+0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.79%	1.83%	+0.96%

FLXR vs. JPLD - Expense Ratio Comparison

FLXR has a 0.40% expense ratio, which is higher than JPLD's 0.24% expense ratio.

Dividends

FLXR vs. JPLD - Dividend Comparison

FLXR's dividend yield for the trailing twelve months is around 5.82%, more than JPLD's 4.21% yield.

Position	TTM	2025	2024	2023
FLXR TCW Flexible Income ETF	5.82%	5.66%	3.44%	0.00%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%

Frequently Asked Questions

Can I hold both FLXR and JPLD in my portfolio?

FLXR and JPLD have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLXR or JPLD?

FLXR has higher volatility (0.76%) compared to JPLD (0.37%). In terms of maximum drawdown, FLXR dropped -1.94% vs JPLD's -1.17%.

Which ETF is better, FLXR or JPLD?

On 1-year performance, FLXR leads with 5.89% vs 4.71% for JPLD. On fees, JPLD is cheaper at 0.24% per year. On volatility, JPLD has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLXR or JPLD?

Over the 1-year period, FLXR has performed better with a 5.89% return vs 4.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLXR or JPLD?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.40% for FLXR.

Which ETF pays a higher dividend yield, FLXR or JPLD?

FLXR has the higher dividend yield at 5.82%, compared with 4.21% for JPLD.

What is the main difference between FLXR and JPLD?

FLXR is categorized as Multisector Bonds, while JPLD is Short-Term Bond. They also come from different issuers: TCW and JPMorgan. Their fees differ too: 0.40% for FLXR and 0.24% for JPLD.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (3.22 vs 2.61), 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.