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JOYT vs. ENFR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JOYT vs. ENFR

Last updated Jun 23, 2026

JOYT (JPMorgan Equity And Options Total Return ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - JOYT is a Derivative Income fund actively managed by JPMorgan, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. JOYT is actively managed, while ENFR is passively managed. At a correlation of -0.06, they often move in opposite directions. Both charge a 0.35% expense ratio.

Performance

JOYT vs. ENFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity And Options Total Return ETF (JOYT) and Alerian Energy Infrastructure ETF (ENFR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JOYT achieves a 4.91% return, which is significantly lower than ENFR's 23.07% return.

JOYT

1D
-0.22%
1M
1.24%
YTD
4.91%
6M
4.89%
1Y
—
3Y*
—
5Y*
—
10Y*
—

ENFR

1D
1.01%
1M
-5.94%
YTD
23.07%
6M
24.76%
1Y
24.84%
3Y*
28.26%
5Y*
19.69%
10Y*
11.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JOYT vs. ENFR - Yearly Performance Comparison

2026 (YTD)2025
JOYT
JPMorgan Equity And Options Total Return ETF		4.91%9.15%
ENFR
Alerian Energy Infrastructure ETF		23.07%1.97%

Correlation

The correlation between JOYT and ENFR is -0.06, 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 Aug 19, 2025

-0.06

JOYT vs. ENFR - Sectors Allocation Comparison

Sectors
JOYT
ENFR

Technology

35.9%

-

Financial Services

11.6%
0.1%

Communication Services

9.5%

-

Consumer Cyclical

9.0%

-

Healthcare

7.9%

-

Industrials

6.3%
3.4%

Consumer Defensive

4.4%

-

Energy

3.2%
98.5%

Utilities

3.0%
1.4%

Real Estate

1.5%

-

Basic Materials

0.9%

-

Technology

JOYT
35.9%
ENFR

-

Financial Services

JOYT
11.6%
ENFR
0.1%

Communication Services

JOYT
9.5%
ENFR

-

Consumer Cyclical

JOYT
9.0%
ENFR

-

Healthcare

JOYT
7.9%
ENFR

-

Industrials

JOYT
6.3%
ENFR
3.4%

Consumer Defensive

JOYT
4.4%
ENFR

-

Energy

JOYT
3.2%
ENFR
98.5%

Utilities

JOYT
3.0%
ENFR
1.4%

Real Estate

JOYT
1.5%
ENFR

-

Basic Materials

JOYT
0.9%
ENFR

-

Compare stocks, funds, or ETFs

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JPMorgan Equity And Options Total Return ETF

Alerian Energy Infrastructure ETF

Often compared with JOYT:
JOYT vs. JEPIJOYT vs. JEPQJOYT vs. ZHDGJOYT vs. QRMIJOYT vs. CRSHJOYT vs. GPIQJOYT vs. GPIX
Often compared with ENFR:
ENFR vs. AMLPENFR vs. MLPXENFR vs. TPYPENFR vs. UMIENFR vs. EMLPENFR vs. MPLXENFR vs. SPY

Return for Risk

JOYT vs. ENFR — Risk / Return Rank

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

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

ENFR
ENFR Risk / Return Rank: 5050
Overall Rank
ENFR Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
ENFR Sortino Ratio Rank: 4949
Sortino Ratio Rank
ENFR Omega Ratio Rank: 4646
Omega Ratio Rank
ENFR Calmar Ratio Rank: 6060
Calmar Ratio Rank
ENFR Martin Ratio Rank: 4646
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.

JOYT vs. ENFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity And Options Total Return ETF (JOYT) and Alerian Energy Infrastructure ETF (ENFR). 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.

JOYTENFRDifference
Sharpe ratioReturn per unit of total volatility

—

1.69

—

Sortino ratioReturn per unit of downside risk

—

2.35

—

Omega ratioGain probability vs. loss probability

—

1.29

—

Calmar ratioReturn relative to maximum drawdown

—

2.89

—

Martin ratioReturn relative to average drawdown

—

7.40

—

JOYT vs. ENFR - Sharpe Ratio Comparison

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Drawdowns

JOYT vs. ENFR - Drawdown Comparison

The maximum JOYT drawdown since its inception was -6.99%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for JOYT and ENFR.

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Drawdown Indicators

JOYTENFRDifference

Max Drawdown

Largest peak-to-trough decline

-6.99%

-68.28%

+61.29%

Max Drawdown (1Y)

Largest decline over 1 year

—

-8.64%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-15.58%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-20.29%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-62.64%

—

Current Drawdown

Current decline from peak

-0.41%

-6.12%

+5.71%

Average Drawdown

Average peak-to-trough decline

-0.89%

-15.94%

+15.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.36%

—

Volatility

JOYT vs. ENFR - Volatility Comparison

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Volatility by Period

JOYTENFRDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.42%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

11.57%

—

Volatility (1Y)

Calculated over the trailing 1-year period

9.75%

14.82%

-5.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.75%

19.24%

-9.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.75%

24.68%

-14.93%

JOYT vs. ENFR - Expense Ratio Comparison

Both JOYT and ENFR have an expense ratio of 0.35%.

Dividends

JOYT vs. ENFR - Dividend Comparison

JOYT's dividend yield for the trailing twelve months is around 0.45%, less than ENFR's 4.08% yield.

PositionTTM20252024202320222021202020192018201720162015
ENFR
Alerian Energy Infrastructure ETF		4.08%4.77%4.41%5.48%5.23%7.86%7.57%5.81%3.98%2.98%3.31%3.34%
JOYT
JPMorgan Equity And Options Total Return ETF		0.45%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

JOYT and ENFR have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

JOYT and ENFR have the same expense ratio: 0.35% per year.

ENFR has the higher dividend yield at 4.08%, compared with 0.45% for JOYT.

JOYT is categorized as Derivative Income, while ENFR is Energy Equities. They also come from different issuers: JPMorgan and SS&C.

Portfolio Optimizer

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