JFLI vs. QQQI

Last updated Jun 24, 2026

JFLI (JPMorgan Flexible Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - JFLI is a Global Allocation fund actively managed by JPMorgan, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Over the past year, JFLI returned 19.02% vs 24.88% for QQQI. Their correlation of 0.86 suggests significant overlap in exposure. JFLI charges 0.35%/yr vs 0.68%/yr for QQQI.

Performance

JFLI vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Flexible Income ETF (JFLI) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JFLI achieves a 9.03% return, which is significantly lower than QQQI's 9.86% return.

JFLI

• 1D: -1.27%
• 1M: 0.79%
• YTD: 9.03%
• 6M: 8.99%
• 1Y: 19.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQI

• 1D: -2.87%
• 1M: -0.93%
• YTD: 9.86%
• 6M: 8.75%
• 1Y: 24.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JFLI vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025
JFLI JPMorgan Flexible Income ETF	9.03%	9.73%
QQQI NEOS Nasdaq-100 High Income ETF	9.86%	14.70%

Correlation

The correlation between JFLI and QQQI is 0.84, 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	0.84
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.86

The correlation between JFLI and QQQI has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

Return for Risk

JFLI vs. QQQI — Risk / Return Rank

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

JFLI

JFLI Risk / Return Rank: 70
JFLI Sharpe Ratio Rank: 69
JFLI Sortino Ratio Rank: 69
JFLI Omega Ratio Rank: 73
JFLI Calmar Ratio Rank: 62
JFLI Martin Ratio Rank: 76

QQQI

QQQI Risk / Return Rank: 53
QQQI Sharpe Ratio Rank: 51
QQQI Sortino Ratio Rank: 47
QQQI Omega Ratio Rank: 52
QQQI Calmar Ratio Rank: 54
QQQI Martin Ratio Rank: 64

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.

JFLI vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Flexible Income ETF (JFLI) and NEOS Nasdaq-100 High Income ETF (QQQI). 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.

	JFLI	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.69	+0.40
Sortino ratio: Return per unit of downside risk	2.91	2.25	+0.66
Omega ratio: Gain probability vs. loss probability	1.40	1.32	+0.08
Calmar ratio: Return relative to maximum drawdown	2.86	2.60	+0.26
Martin ratio: Return relative to average drawdown	13.39	11.10	+2.29

JFLI vs. QQQI - Sharpe Ratio Comparison

The current JFLI Sharpe Ratio is 2.09, which is comparable to the QQQI Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of JFLI and QQQI, 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

JFLI vs. QQQI - Drawdown Comparison

The maximum JFLI drawdown since its inception was -12.87%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for JFLI and QQQI.

Drawdown Indicators

	JFLI	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-12.87%	-20.00%	+7.13%
Max Drawdown (1Y) Largest decline over 1 year	-6.67%	-9.61%	+2.94%
Current Drawdown Current decline from peak	-1.39%	-3.32%	+1.93%
Average Drawdown Average peak-to-trough decline	-1.43%	-2.20%	+0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	2.25%	-0.83%

Volatility

JFLI vs. QQQI - Volatility Comparison

The current volatility for JPMorgan Flexible Income ETF (JFLI) is 4.13%, while NEOS Nasdaq-100 High Income ETF (QQQI) has a volatility of 7.63%. This indicates that JFLI experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JFLI	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	7.63%	-3.50%
Volatility (6M) Calculated over the trailing 6-month period	7.80%	11.99%	-4.19%
Volatility (1Y) Calculated over the trailing 1-year period	9.17%	14.79%	-5.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.13%	17.53%	-5.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.13%	17.53%	-5.40%

JFLI vs. QQQI - Expense Ratio Comparison

JFLI has a 0.35% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

JFLI vs. QQQI - Dividend Comparison

JFLI's dividend yield for the trailing twelve months is around 7.25%, less than QQQI's 14.97% yield.

Position	TTM	2025	2024
JFLI JPMorgan Flexible Income ETF	7.25%	6.81%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	14.97%	13.82%	12.85%

Frequently Asked Questions

Can I hold both JFLI and QQQI in my portfolio?

JFLI and QQQI have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JFLI or QQQI?

QQQI has higher volatility (7.63%) compared to JFLI (4.13%). In terms of maximum drawdown, JFLI dropped -12.87% vs QQQI's -20.00%.

Which ETF is better, JFLI or QQQI?

On 1-year performance, QQQI leads with 24.88% vs 19.02% for JFLI. On fees, JFLI is cheaper at 0.35% per year. On volatility, JFLI has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JFLI or QQQI?

Over the 1-year period, QQQI has performed better with a 24.88% return vs 19.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JFLI or QQQI?

JFLI is cheaper with a 0.35% expense ratio, compared with 0.68% for QQQI.

Which ETF pays a higher dividend yield, JFLI or QQQI?

QQQI has the higher dividend yield at 14.97%, compared with 7.25% for JFLI.

What is the main difference between JFLI and QQQI?

JFLI is categorized as Global Allocation, while QQQI is Nasdaq-100. They also come from different issuers: JPMorgan and Neos. Their fees differ too: 0.35% for JFLI and 0.68% for QQQI.

Which has better risk-adjusted returns?

JFLI currently has the higher Sharpe Ratio (2.09 vs 1.69), 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.