JPFP vs. JTEK

Last updated Jun 3, 2026

JPFP (JPMorgan Managed Futures Plus ETF) and JTEK (JPMorgan U.S. Tech Leaders ETF) are both exchange-traded funds - JPFP is a Systematic Trend fund actively managed by JPMorgan, while JTEK is a Technology Equities fund actively managed by JPMorgan. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. JPFP charges 0.59%/yr vs 0.65%/yr for JTEK.

Performance

JPFP vs. JTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Managed Futures Plus ETF (JPFP) and JPMorgan U.S. Tech Leaders ETF (JTEK). 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*: —

JTEK

• 1D: -0.98%
• 1M: 13.34%
• YTD: 22.19%
• 6M: 19.61%
• 1Y: 39.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPFP vs. JTEK - Yearly Performance Comparison

	2026 (YTD)
JPFP JPMorgan Managed Futures Plus ETF	1.85%
JTEK JPMorgan U.S. Tech Leaders ETF	2.88%

Correlation

The correlation between JPFP and JTEK 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. JTEK — Risk / Return Rank

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

JTEK

JTEK Risk / Return Rank: 40
JTEK Sharpe Ratio Rank: 47
JTEK Sortino Ratio Rank: 42
JTEK Omega Ratio Rank: 42
JTEK Calmar Ratio Rank: 36
JTEK Martin Ratio Rank: 34

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. JTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Futures Plus ETF (JPFP) and JPMorgan U.S. Tech Leaders ETF (JTEK). 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	JTEK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	113.67	1.28	+112.39

Drawdowns

JPFP vs. JTEK - Drawdown Comparison

The maximum JPFP drawdown since its inception was 0.00%, smaller than the maximum JTEK drawdown of -30.61%. Use the drawdown chart below to compare losses from any high point for JPFP and JTEK.

Drawdown Indicators

	JPFP	JTEK	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-30.61%	+30.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.02%	—
Current Drawdown Current decline from peak	0.00%	-0.98%	+0.98%
Average Drawdown Average peak-to-trough decline	0.00%	-5.58%	+5.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.54%	—

Volatility

Volatility by Period

	JPFP	JTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.95%	24.31%	-20.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.95%	27.37%	-23.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.95%	27.37%	-23.42%

JPFP vs. JTEK - Expense Ratio Comparison

JPFP has a 0.59% expense ratio, which is lower than JTEK's 0.65% expense ratio.

Dividends

JPFP vs. JTEK - Dividend Comparison

Neither JPFP nor JTEK has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JPFP and JTEK in my portfolio?

With a correlation of 1.00, JPFP and JTEK 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 JTEK?

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 JTEK?

JPFP is cheaper with a 0.59% expense ratio, compared with 0.65% for JTEK.

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

JPFP and JTEK have nearly identical dividend yields, around 0.00%.

What is the main difference between JPFP and JTEK?

JPFP is categorized as Systematic Trend, while JTEK is Technology Equities. Their fees differ too: 0.59% for JPFP and 0.65% for JTEK.