JPFP vs. DBMF
JPFP (JPMorgan Managed Futures Plus ETF) and DBMF (iMGP DBi Managed Futures Strategy ETF) are both Systematic Trend funds. Both are actively managed. Their 0.36 correlation means their historical movements had little consistent relationship. JPFP charges 0.59%/yr vs 0.85%/yr for DBMF.
Performance
JPFP vs. DBMF - Performance Comparison
Loading charts...
Returns By Period
JPFP
- 1D
- 1.58%
- 1M
- 1.74%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
DBMF
- 1D
- 0.26%
- 1M
- 1.95%
- 6M
- 6.88%
- YTD
- 11.19%
- 1Y
- 28.45%
- 3Y*
- 9.09%
- 5Y*
- 8.34%
- 10Y*
- —
- ALL TIME*
- 9.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $63.53M | $54.84M | $51.08M | |
| $1.56M | $783.24K | $465.05K |
JPFP vs. DBMF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
JPFP JPMorgan Managed Futures Plus ETF | -1.32% |
DBMF iMGP DBi Managed Futures Strategy ETF | 0.22% |
Correlation
The correlation between JPFP and DBMF is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JPFP vs. DBMF — Risk / Return Rank
JPFP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DBMF
JPFP vs. DBMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Futures Plus ETF (JPFP) and iMGP DBi Managed Futures Strategy ETF (DBMF). 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 | DBMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.54 | — |
| Martin ratioReturn relative to average drawdown | — | 15.42 | — |
Loading charts...
Drawdowns
JPFP vs. DBMF - Drawdown Comparison
The maximum JPFP drawdown since its inception was -6.60%, smaller than the maximum DBMF drawdown of -20.39%. Use the drawdown chart below to compare losses from any high point for JPFP and DBMF.
Loading charts...
Drawdown Indicators
| JPFP | DBMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.60% | -20.39% | +13.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.60% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.39% | — |
Current DrawdownCurrent decline from peak | -3.12% | -1.81% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -3.48% | -6.48% | +3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.79% | — |
Volatility
JPFP vs. DBMF - Volatility Comparison
Loading charts...
Volatility by Period
| JPFP | DBMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.81% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.26% | 12.68% | +6.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.26% | 12.44% | +6.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.26% | 12.36% | +6.90% |
JPFP vs. DBMF - Expense Ratio Comparison
JPFP has a 0.59% expense ratio, which is lower than DBMF's 0.85% expense ratio.
Dividends
JPFP vs. DBMF - Dividend Comparison
JPFP has not paid dividends to shareholders, while DBMF's dividend yield for the trailing twelve months is around 5.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DBMF iMGP DBi Managed Futures Strategy ETF | 5.11% | 5.91% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% |
JPFP JPMorgan Managed Futures Plus ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JPFP and DBMF have a correlation of 0.36, 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 0.85% for DBMF.
DBMF has the higher dividend yield at 5.11%, compared with 0.00% for JPFP.
They also come from different issuers: JPMorgan and iMGP. Their fees differ too: 0.59% for JPFP and 0.85% for DBMF.
Find the right allocation for JPFP and DBMF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer