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JMMF vs. COMB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

JMMF vs. COMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JMMF achieves a 1.63% return, which is significantly lower than COMB's 14.97% return.


JMMF

1D
0.00%
1M
0.27%
YTD
1.63%
6M
1.82%
1Y
3Y*
5Y*
10Y*

COMB

1D
-1.41%
1M
-9.91%
YTD
14.97%
6M
13.14%
1Y
22.62%
3Y*
11.57%
5Y*
9.61%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

JMMF vs. COMB - Yearly Performance Comparison


Correlation

The correlation between JMMF and COMB is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 11, 2025

-0.25

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Return for Risk

JMMF vs. COMB — Risk / Return Rank

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

JMMF

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


COMB
COMB Risk / Return Rank: 3838
Overall Rank
COMB Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
COMB Sortino Ratio Rank: 3636
Sortino Ratio Rank
COMB Omega Ratio Rank: 3838
Omega Ratio Rank
COMB Calmar Ratio Rank: 3636
Calmar Ratio Rank
COMB Martin Ratio Rank: 4444
Martin Ratio Rank
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.

JMMF vs. COMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). 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.


JMMFCOMBDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.24

Calmar ratioReturn relative to maximum drawdown

1.71

Martin ratioReturn relative to average drawdown

6.79

JMMF vs. COMB - Sharpe Ratio Comparison


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Drawdowns

JMMF vs. COMB - Drawdown Comparison

The maximum JMMF drawdown since its inception was -0.14%, smaller than the maximum COMB drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for JMMF and COMB.


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Drawdown Indicators


JMMFCOMBDifference

Max Drawdown

Largest peak-to-trough decline

-0.14%

-33.50%

+33.36%

Max Drawdown (1Y)

Largest decline over 1 year

-13.28%

Max Drawdown (3Y)

Largest decline over 3 years

-13.28%

Max Drawdown (5Y)

Largest decline over 5 years

-26.63%

Current Drawdown

Current decline from peak

0.00%

-13.28%

+13.28%

Average Drawdown

Average peak-to-trough decline

-0.01%

-12.04%

+12.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.36%

Volatility

JMMF vs. COMB - Volatility Comparison


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Volatility by Period


JMMFCOMBDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.69%

Volatility (6M)

Calculated over the trailing 6-month period

15.24%

Volatility (1Y)

Calculated over the trailing 1-year period

0.51%

17.34%

-16.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.51%

16.69%

-16.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.51%

15.14%

-14.63%

JMMF vs. COMB - Expense Ratio Comparison

JMMF has a 0.16% expense ratio, which is lower than COMB's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

JMMF vs. COMB - Dividend Comparison

JMMF's dividend yield for the trailing twelve months is around 1.80%, less than COMB's 7.87% yield.


PositionTTM202520242023202220212020201920182017
COMB
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
7.87%9.05%2.48%6.57%30.85%15.83%0.07%1.48%0.97%0.20%
JMMF
JPMorgan 100% U.S. Treasury Securities Money Market ETF
1.80%0.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


JMMF and COMB have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, JMMF is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

JMMF is cheaper with a 0.16% expense ratio, compared with 0.25% for COMB.

COMB has the higher dividend yield at 7.87%, compared with 1.80% for JMMF.

JMMF is categorized as Money Market, while COMB is Commodities. They also come from different issuers: JPMorgan and GraniteShares. Their fees differ too: 0.16% for JMMF and 0.25% for COMB.

Portfolio Optimizer

Find the right allocation for JMMF and COMB

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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