JPEF vs. DYNF

Last updated Aug 2, 2026

JPEF (JPMorgan Equity Focus ETF) and DYNF (iShares U.S. Equity Factor Rotation Active ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, JPEF returned 17.71%/yr vs 22.89%/yr for DYNF. Their correlation of 0.94 means they have usually moved in the same direction. JPEF charges 0.50%/yr vs 0.26%/yr for DYNF.

Performance

JPEF vs. DYNF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Focus ETF (JPEF) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPEF achieves a 7.28% return, which is significantly lower than DYNF's 11.42% return.

JPEF

• 1D: 1.05%
• 1M: 0.24%
• 6M: 5.98%
• YTD: 7.28%
• 1Y: 15.49%
• 3Y*: 17.71%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.66%

DYNF

• 1D: 0.79%
• 1M: 0.48%
• 6M: 10.16%
• YTD: 11.42%
• 1Y: 23.65%
• 3Y*: 22.89%
• 5Y*: 14.43%
• 10Y*: —
• ALL TIME*: 16.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DYNF iShares U.S. Equity Factor Rotation Active ETF	$128.49M	$134.27M	$165.92M
JPEF JPMorgan Equity Focus ETF	$8.69M	$8.49M	$7.43M

JPEF vs. DYNF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPEF JPMorgan Equity Focus ETF	7.28%	12.07%	28.19%	5.70%
DYNF iShares U.S. Equity Factor Rotation Active ETF	11.42%	20.00%	30.29%	6.96%

Correlation

The correlation between JPEF and DYNF is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023	0.94

The correlation between JPEF and DYNF has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

JPEF vs. DYNF - Sectors Allocation Comparison

Sectors	JPEF	DYNF
Technology	34.7%	40.1%
Financial Services	13.6%	15.0%
Consumer Cyclical	9.9%	7.0%
Industrials	9.1%	10.4%
Communication Services	8.5%	10.3%
Healthcare	8.5%	6.2%
Energy	5.1%	4.4%
Real Estate	2.6%	2.0%
Utilities	2.6%	2.2%
Basic Materials	2.2%	0.7%
Consumer Defensive	1.7%	1.6%

Return for Risk

JPEF vs. DYNF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JPEF

JPEF Risk / Return Rank: 47
JPEF Sharpe Ratio Rank: 44
JPEF Sortino Ratio Rank: 43
JPEF Omega Ratio Rank: 43
JPEF Calmar Ratio Rank: 46
JPEF Martin Ratio Rank: 57

DYNF

DYNF Risk / Return Rank: 72
DYNF Sharpe Ratio Rank: 69
DYNF Sortino Ratio Rank: 67
DYNF Omega Ratio Rank: 66
DYNF Calmar Ratio Rank: 72
DYNF Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JPEF vs. DYNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Focus ETF (JPEF) and iShares U.S. Equity Factor Rotation Active ETF (DYNF). 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.

	JPEF	DYNF	Difference
Sharpe ratio: Return per unit of total volatility	1.09	1.57	-0.48
Sortino ratio: Return per unit of downside risk	1.58	2.20	-0.62
Omega ratio: Gain probability vs. loss probability	1.20	1.28	-0.08
Calmar ratio: Return relative to maximum drawdown	1.65	2.50	-0.85
Martin ratio: Return relative to average drawdown	6.78	11.36	-4.57

JPEF vs. DYNF - Sharpe Ratio Comparison

The current JPEF Sharpe Ratio is 1.09, which is lower than the DYNF Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of JPEF and DYNF, 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

JPEF vs. DYNF - Drawdown Comparison

The maximum JPEF drawdown since its inception was -18.09%, smaller than the maximum DYNF drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for JPEF and DYNF.

Drawdown Indicators

	JPEF	DYNF	Difference
Max Drawdown Largest peak-to-trough decline	-18.09%	-34.72%	+16.63%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	-8.67%	+0.42%
Max Drawdown (3Y) Largest decline over 3 years	-18.09%	-18.70%	+0.61%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.65%	—
Current Drawdown Current decline from peak	-1.36%	-1.01%	-0.35%
Average Drawdown Average peak-to-trough decline	-2.13%	-5.87%	+3.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.90%	+0.10%

Volatility

JPEF vs. DYNF - Volatility Comparison

JPMorgan Equity Focus ETF (JPEF) and iShares U.S. Equity Factor Rotation Active ETF (DYNF) have volatilities of 3.96% and 4.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPEF	DYNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	4.03%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	11.12%	-1.23%
Volatility (1Y) Calculated over the trailing 1-year period	12.52%	13.79%	-1.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	17.64%	-2.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	19.84%	-4.82%

JPEF vs. DYNF - Expense Ratio Comparison

JPEF has a 0.50% expense ratio, which is higher than DYNF's 0.26% expense ratio.

Dividends

JPEF vs. DYNF - Dividend Comparison

JPEF's dividend yield for the trailing twelve months is around 0.65%, less than DYNF's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DYNF iShares U.S. Equity Factor Rotation Active ETF	0.80%	1.01%	0.65%	1.11%	1.66%	2.89%	1.52%	1.22%
JPEF JPMorgan Equity Focus ETF	0.65%	0.70%	0.71%	0.39%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPEF and DYNF in my portfolio?

With a correlation of 0.94, JPEF and DYNF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JPEF or DYNF?

DYNF has higher volatility (4.03%) compared to JPEF (3.96%). In terms of maximum drawdown, JPEF dropped -18.09% vs DYNF's -34.72%.

Which ETF is better, JPEF or DYNF?

On 3-year performance, DYNF leads with 22.89% vs 17.71% for JPEF. On fees, DYNF is cheaper at 0.26% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPEF or DYNF?

Over the 3-year period, DYNF has performed better with a 22.89% return vs 17.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPEF or DYNF?

DYNF is cheaper with a 0.26% expense ratio, compared with 0.50% for JPEF.

Which ETF pays a higher dividend yield, JPEF or DYNF?

DYNF has the higher dividend yield at 0.80%, compared with 0.65% for JPEF.

What is the main difference between JPEF and DYNF?

They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.50% for JPEF and 0.26% for DYNF.

Which has better risk-adjusted returns?

DYNF currently has the higher Sharpe Ratio (1.57 vs 1.09), 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.