JPFP vs. AHLT
JPFP (JPMorgan Managed Futures Plus ETF) and AHLT (American Beacon AHL Trend ETF) are both Systematic Trend funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. JPFP charges 0.59%/yr vs 0.95%/yr for AHLT.
Performance
JPFP vs. AHLT - Performance Comparison
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Returns By Period
JPFP
- 1D
- -1.01%
- 1M
- -1.32%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AHLT
- 1D
- 0.38%
- 1M
- -0.27%
- 6M
- 2.13%
- YTD
- 9.35%
- 1Y
- 30.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPFP vs. AHLT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
JPFP JPMorgan Managed Futures Plus ETF | -1.76% |
AHLT American Beacon AHL Trend ETF | -1.56% |
Correlation
The correlation between JPFP and AHLT is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.68 |
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Return for Risk
JPFP vs. AHLT — Risk / Return Rank
JPFP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AHLT
JPFP vs. AHLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Futures Plus ETF (JPFP) and American Beacon AHL Trend ETF (AHLT). 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.
| JPFP | AHLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.65 | — |
| Martin ratioReturn relative to average drawdown | — | 9.23 | — |
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Drawdowns
JPFP vs. AHLT - Drawdown Comparison
The maximum JPFP drawdown since its inception was -6.04%, smaller than the maximum AHLT drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for JPFP and AHLT.
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Drawdown Indicators
| JPFP | AHLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.04% | -20.18% | +14.14% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.26% | — |
Current DrawdownCurrent decline from peak | -3.54% | -3.51% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -3.15% | -9.14% | +5.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.26% | — |
Volatility
JPFP vs. AHLT - Volatility Comparison
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Volatility by Period
| JPFP | AHLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.40% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.27% | 17.54% | +1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.27% | 17.28% | +1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 17.28% | +1.99% |
JPFP vs. AHLT - Expense Ratio Comparison
JPFP has a 0.59% expense ratio, which is lower than AHLT's 0.95% expense ratio.
Dividends
JPFP vs. AHLT - Dividend Comparison
JPFP has not paid dividends to shareholders, while AHLT's dividend yield for the trailing twelve months is around 1.55%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AHLT American Beacon AHL Trend ETF | 1.55% | 1.70% | 0.00% | 3.72% |
JPFP JPMorgan Managed Futures Plus ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JPFP and AHLT have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPFP is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPFP is cheaper with a 0.59% expense ratio, compared with 0.95% for AHLT.
AHLT has the higher dividend yield at 1.55%, compared with 0.00% for JPFP.
They also come from different issuers: JPMorgan and American Beacon. Their fees differ too: 0.59% for JPFP and 0.95% for AHLT.
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