JDIV vs. INFL

Last updated Jun 5, 2026

JDIV (JPMorgan Dividend Leaders ETF) and INFL (Horizon Kinetics Inflation Beneficiaries ETF) are both Global Equities funds. Both are actively managed. Over the past year, JDIV returned 15.53% vs 24.99% for INFL. A 0.54 correlation means they provide meaningful diversification when combined. JDIV charges 0.47%/yr vs 0.85%/yr for INFL.

Performance

JDIV vs. INFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Dividend Leaders ETF (JDIV) and Horizon Kinetics Inflation Beneficiaries ETF (INFL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDIV achieves a 6.35% return, which is significantly lower than INFL's 18.15% return.

JDIV

• 1D: 0.37%
• 1M: 1.95%
• YTD: 6.35%
• 6M: 6.29%
• 1Y: 15.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

INFL

• 1D: 0.81%
• 1M: -0.87%
• YTD: 18.15%
• 6M: 18.37%
• 1Y: 24.99%
• 3Y*: 22.33%
• 5Y*: 13.31%
• 10Y*: —

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

JDIV vs. INFL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JDIV JPMorgan Dividend Leaders ETF	6.35%	18.98%	-5.27%
INFL Horizon Kinetics Inflation Beneficiaries ETF	18.15%	18.30%	1.74%

Correlation

The correlation between JDIV and INFL is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Sep 27, 2024	0.54

The correlation between JDIV and INFL has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.

JDIV vs. INFL - Sectors Allocation Comparison

Sectors	JDIV	INFL
Technology	23.1%	-
Financial Services	15.9%	21.1%
Healthcare	10.2%	1.2%
Consumer Cyclical	7.8%	-
Communication Services	6.7%	0.3%
Industrials	6.4%	1.8%
Energy	4.5%	40.5%
Utilities	3.4%	2.9%
Consumer Defensive	2.1%	2.4%
Basic Materials	1.8%	20.0%
Real Estate	1.5%	1.1%

Return for Risk

JDIV vs. INFL — Risk / Return Rank

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

JDIV

JDIV Risk / Return Rank: 38
JDIV Sharpe Ratio Rank: 37
JDIV Sortino Ratio Rank: 38
JDIV Omega Ratio Rank: 38
JDIV Calmar Ratio Rank: 34
JDIV Martin Ratio Rank: 42

INFL

INFL Risk / Return Rank: 49
INFL Sharpe Ratio Rank: 47
INFL Sortino Ratio Rank: 43
INFL Omega Ratio Rank: 46
INFL Calmar Ratio Rank: 62
INFL Martin Ratio Rank: 49

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.

JDIV vs. INFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Dividend Leaders ETF (JDIV) and Horizon Kinetics Inflation Beneficiaries ETF (INFL). 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.

	JDIV	INFL	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.62	-0.28
Sortino ratio: Return per unit of downside risk	1.94	2.13	-0.19
Omega ratio: Gain probability vs. loss probability	1.25	1.29	-0.04
Calmar ratio: Return relative to maximum drawdown	1.68	3.00	-1.32
Martin ratio: Return relative to average drawdown	6.65	8.16	-1.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JDIV vs. INFL - Sharpe Ratio Comparison

The current JDIV Sharpe Ratio is 1.33, which is comparable to the INFL Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of JDIV and INFL, 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

	JDIV	INFL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	1.62	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.92	-0.11

Drawdowns

JDIV vs. INFL - Drawdown Comparison

The maximum JDIV drawdown since its inception was -13.34%, smaller than the maximum INFL drawdown of -21.30%. Use the drawdown chart below to compare losses from any high point for JDIV and INFL.

Drawdown Indicators

	JDIV	INFL	Difference
Max Drawdown Largest peak-to-trough decline	-13.34%	-21.30%	+7.96%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-8.36%	-0.92%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.30%	—
Current Drawdown Current decline from peak	-0.29%	-4.75%	+4.46%
Average Drawdown Average peak-to-trough decline	-2.01%	-5.10%	+3.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	3.07%	-0.73%

Volatility

JDIV vs. INFL - Volatility Comparison

The current volatility for JPMorgan Dividend Leaders ETF (JDIV) is 3.52%, while Horizon Kinetics Inflation Beneficiaries ETF (INFL) has a volatility of 3.71%. This indicates that JDIV experiences smaller price fluctuations and is considered to be less risky than INFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDIV	INFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	3.71%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	9.45%	12.29%	-2.84%
Volatility (1Y) Calculated over the trailing 1-year period	11.69%	15.54%	-3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.08%	17.71%	-3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.08%	17.64%	-3.56%

JDIV vs. INFL - Expense Ratio Comparison

JDIV has a 0.47% expense ratio, which is lower than INFL's 0.85% expense ratio.

Dividends

JDIV vs. INFL - Dividend Comparison

JDIV's dividend yield for the trailing twelve months is around 2.06%, more than INFL's 0.90% yield.

Position	TTM	2025	2024	2023	2022	2021
INFL Horizon Kinetics Inflation Beneficiaries ETF	0.90%	1.26%	1.77%	1.60%	1.65%	0.91%
JDIV JPMorgan Dividend Leaders ETF	2.06%	2.15%	0.36%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JDIV and INFL in my portfolio?

JDIV and INFL have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDIV or INFL?

INFL has higher volatility (3.71%) compared to JDIV (3.52%). In terms of maximum drawdown, JDIV dropped -13.34% vs INFL's -21.30%.

Which ETF is better, JDIV or INFL?

On 1-year performance, INFL leads with 24.99% vs 15.53% for JDIV. On fees, JDIV is cheaper at 0.47% per year. On volatility, JDIV has been the lower-risk option at 3.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDIV or INFL?

Over the 1-year period, INFL has performed better with a 24.99% return vs 15.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDIV or INFL?

JDIV is cheaper with a 0.47% expense ratio, compared with 0.85% for INFL.

Which ETF pays a higher dividend yield, JDIV or INFL?

JDIV has the higher dividend yield at 2.06%, compared with 0.90% for INFL.

What is the main difference between JDIV and INFL?

They also come from different issuers: JPMorgan and Horizon Kinetics LLC. Their fees differ too: 0.47% for JDIV and 0.85% for INFL.

Which has better risk-adjusted returns?

INFL currently has the higher Sharpe Ratio (1.62 vs 1.33), 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.