JPFP vs. TFFI

Last updated Jul 17, 2026

JPFP (JPMorgan Managed Futures Plus ETF) and TFFI (Chesapeake Trend-Following Fixed Income ETF) are both exchange-traded funds - JPFP is a Systematic Trend fund actively managed by JPMorgan, while TFFI is a Actively Managed fund actively managed by Chesapeake. Both are actively managed. At a correlation of -0.02, they often move in opposite directions. JPFP charges 0.59%/yr vs 1.01%/yr for TFFI.

Performance

JPFP vs. TFFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Managed Futures Plus ETF (JPFP) and Chesapeake Trend-Following Fixed Income ETF (TFFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JPFP

• 1D: -1.01%
• 1M: -1.32%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TFFI

• 1D: 0.21%
• 1M: 1.17%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPFP vs. TFFI - Yearly Performance Comparison

	2026 (YTD)
JPFP JPMorgan Managed Futures Plus ETF	-1.76%
TFFI Chesapeake Trend-Following Fixed Income ETF	0.56%

Correlation

The correlation between JPFP and TFFI is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.02

Return for Risk

JPFP vs. TFFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Futures Plus ETF (JPFP) and Chesapeake Trend-Following Fixed Income ETF (TFFI). 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. TFFI - Drawdown Comparison

The maximum JPFP drawdown since its inception was -6.04%, which is greater than TFFI's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for JPFP and TFFI.

Drawdown Indicators

	JPFP	TFFI	Difference
Max Drawdown Largest peak-to-trough decline	-6.04%	-4.23%	-1.81%
Current Drawdown Current decline from peak	-3.54%	-1.83%	-1.71%
Average Drawdown Average peak-to-trough decline	-3.15%	-1.66%	-1.49%

Volatility

Volatility by Period

	JPFP	TFFI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.27%	7.92%	+11.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.27%	7.92%	+11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.27%	7.92%	+11.35%

JPFP vs. TFFI - Expense Ratio Comparison

JPFP has a 0.59% expense ratio, which is lower than TFFI's 1.01% expense ratio.

Dividends

JPFP vs. TFFI - Dividend Comparison

Neither JPFP nor TFFI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JPFP and TFFI in my portfolio?

JPFP and TFFI have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPFP or TFFI?

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 TFFI?

JPFP is cheaper with a 0.59% expense ratio, compared with 1.01% for TFFI.

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

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

What is the main difference between JPFP and TFFI?

JPFP is categorized as Systematic Trend, while TFFI is Actively Managed. They also come from different issuers: JPMorgan and Chesapeake. Their fees differ too: 0.59% for JPFP and 1.01% for TFFI.