JFLX vs. ILS

Last updated Jun 24, 2026

JFLX (JPMorgan Flexible Debt ETF) and ILS (Brookmont Catastrophic Bond ETF) are both Nontraditional Bonds funds. Both are actively managed. At a 0.07 correlation, their price movements are largely independent. JFLX charges 0.45%/yr vs 1.58%/yr for ILS.

Performance

JFLX vs. ILS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Flexible Debt ETF (JFLX) and Brookmont Catastrophic Bond ETF (ILS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with JFLX having a 2.17% return and ILS slightly higher at 2.27%.

JFLX

• 1D: -0.10%
• 1M: 1.05%
• YTD: 2.17%
• 6M: 2.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILS

• 1D: 0.10%
• 1M: 1.26%
• YTD: 2.27%
• 6M: 2.63%
• 1Y: 7.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JFLX vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
JFLX JPMorgan Flexible Debt ETF	2.17%	1.48%
ILS Brookmont Catastrophic Bond ETF	2.27%	1.86%

Correlation

The correlation between JFLX and ILS is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.07

Return for Risk

JFLX vs. ILS — Risk / Return Rank

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

JFLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ILS

ILS Risk / Return Rank: 96
ILS Sharpe Ratio Rank: 92
ILS Sortino Ratio Rank: 95
ILS Omega Ratio Rank: 95
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 98

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.

JFLX vs. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Flexible Debt ETF (JFLX) and Brookmont Catastrophic Bond ETF (ILS). 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.

	JFLX	ILS	Difference
Sharpe ratio: Return per unit of total volatility	—	3.06	—
Sortino ratio: Return per unit of downside risk	—	5.05	—
Omega ratio: Gain probability vs. loss probability	—	1.69	—
Calmar ratio: Return relative to maximum drawdown	—	14.18	—
Martin ratio: Return relative to average drawdown	—	52.13	—

Drawdowns

JFLX vs. ILS - Drawdown Comparison

The maximum JFLX drawdown since its inception was -2.36%, roughly equal to the maximum ILS drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for JFLX and ILS.

Drawdown Indicators

	JFLX	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-2.36%	-2.46%	+0.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.55%	—
Current Drawdown Current decline from peak	-0.22%	0.00%	-0.22%
Average Drawdown Average peak-to-trough decline	-0.38%	-0.54%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.15%	—

Volatility

Volatility by Period

	JFLX	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.67%	2.58%	+0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.67%	3.77%	-1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.67%	3.77%	-1.10%

JFLX vs. ILS - Expense Ratio Comparison

JFLX has a 0.45% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

JFLX vs. ILS - Dividend Comparison

JFLX's dividend yield for the trailing twelve months is around 3.27%, less than ILS's 8.05% yield.

Position	TTM	2025
ILS Brookmont Catastrophic Bond ETF	8.05%	6.06%
JFLX JPMorgan Flexible Debt ETF	3.27%	1.27%

Frequently Asked Questions

Can I hold both JFLX and ILS in my portfolio?

JFLX and ILS have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JFLX or ILS?

On fees, JFLX is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JFLX or ILS?

JFLX is cheaper with a 0.45% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, JFLX or ILS?

ILS has the higher dividend yield at 8.05%, compared with 3.27% for JFLX.

What is the main difference between JFLX and ILS?

They also come from different issuers: JPMorgan and Brookmont. Their fees differ too: 0.45% for JFLX and 1.58% for ILS.