JPFP vs. MATE

Last updated Jun 25, 2026

JPFP (JPMorgan Managed Futures Plus ETF) and MATE (Man Active Trend Enhanced ETF) are both exchange-traded funds - JPFP is a Systematic Trend fund actively managed by JPMorgan, while MATE is a Tactical Allocation fund actively managed by Man Group. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. JPFP charges 0.59%/yr vs 0.97%/yr for MATE.

Performance

JPFP vs. MATE - Performance Comparison

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

Returns By Period

JPFP

• 1D: -1.38%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MATE

• 1D: -1.46%
• 1M: -5.28%
• YTD: 12.55%
• 6M: 10.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPFP vs. MATE - Yearly Performance Comparison

	2026 (YTD)
JPFP JPMorgan Managed Futures Plus ETF	-4.11%
MATE Man Active Trend Enhanced ETF	-5.01%

Correlation

The correlation between JPFP and MATE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.94

Return for Risk

JPFP vs. MATE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Futures Plus ETF (JPFP) and Man Active Trend Enhanced ETF (MATE). 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.

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

Drawdowns

JPFP vs. MATE - Drawdown Comparison

The maximum JPFP drawdown since its inception was -5.85%, smaller than the maximum MATE drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for JPFP and MATE.

Drawdown Indicators

	JPFP	MATE	Difference
Max Drawdown Largest peak-to-trough decline	-5.85%	-13.24%	+7.39%
Current Drawdown Current decline from peak	-5.85%	-6.87%	+1.02%
Average Drawdown Average peak-to-trough decline	-2.52%	-3.37%	+0.85%

Volatility

Volatility by Period

	JPFP	MATE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	22.30%	23.26%	-0.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.30%	23.26%	-0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.30%	23.26%	-0.96%

JPFP vs. MATE - Expense Ratio Comparison

JPFP has a 0.59% expense ratio, which is lower than MATE's 0.97% expense ratio.

Dividends

JPFP vs. MATE - Dividend Comparison

Neither JPFP nor MATE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JPFP and MATE in my portfolio?

With a correlation of 0.94, JPFP and MATE 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 MATE?

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 MATE?

JPFP is cheaper with a 0.59% expense ratio, compared with 0.97% for MATE.

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

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

What is the main difference between JPFP and MATE?

JPFP is categorized as Systematic Trend, while MATE is Tactical Allocation. They also come from different issuers: JPMorgan and Man Group. Their fees differ too: 0.59% for JPFP and 0.97% for MATE.