JPFP vs. AHLT

Last updated Jun 3, 2026

JPFP (JPMorgan Managed Futures Plus ETF) and AHLT (American Beacon AHL Trend ETF) are both Systematic Trend funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. JPFP charges 0.59%/yr vs 0.95%/yr for AHLT.

Performance

JPFP vs. AHLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Managed Futures Plus ETF (JPFP) and American Beacon AHL Trend ETF (AHLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JPFP

• 1D: 0.68%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AHLT

• 1D: -0.21%
• 1M: 2.87%
• YTD: 12.42%
• 6M: 16.55%
• 1Y: 37.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPFP vs. AHLT - Yearly Performance Comparison

	2026 (YTD)
JPFP JPMorgan Managed Futures Plus ETF	1.85%
AHLT American Beacon AHL Trend ETF	1.37%

Correlation

The correlation between JPFP and AHLT is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	1.00

Return for Risk

JPFP vs. AHLT — Risk / Return Rank

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

AHLT

AHLT Risk / Return Rank: 68
AHLT Sharpe Ratio Rank: 66
AHLT Sortino Ratio Rank: 58
AHLT Omega Ratio Rank: 66
AHLT Calmar Ratio Rank: 84
AHLT Martin Ratio Rank: 67

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.

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.

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

Sharpe Ratios by Period

	JPFP	AHLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	113.67	0.48	+113.20

Drawdowns

JPFP vs. AHLT - Drawdown Comparison

The maximum JPFP drawdown since its inception was 0.00%, 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.

Drawdown Indicators

	JPFP	AHLT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-20.18%	+20.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.26%	—
Current Drawdown Current decline from peak	0.00%	-0.80%	+0.80%
Average Drawdown Average peak-to-trough decline	0.00%	-9.39%	+9.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.05%	—

Volatility

Volatility by Period

	JPFP	AHLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.95%	17.10%	-13.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.95%	17.37%	-13.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.95%	17.37%	-13.42%

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 1.51%.

Position	TTM	2025	2024	2023
AHLT American Beacon AHL Trend ETF	1.51%	1.70%	0.00%	3.72%
JPFP JPMorgan Managed Futures Plus ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPFP and AHLT in my portfolio?

With a correlation of 1.00, JPFP and AHLT 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 ETF is better, JPFP or AHLT?

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.

Which ETF is cheaper, JPFP or AHLT?

JPFP is cheaper with a 0.59% expense ratio, compared with 0.95% for AHLT.

Which ETF pays a higher dividend yield, JPFP or AHLT?

AHLT has the higher dividend yield at 1.51%, compared with 0.00% for JPFP.

What is the main difference between JPFP and AHLT?

They also come from different issuers: JPMorgan and American Beacon. Their fees differ too: 0.59% for JPFP and 0.95% for AHLT.