JPHY vs. FLRT
JPHY (JPMorgan High Yield Research Enhanced ETF) and FLRT (Pacific Global Senior Loan ETF) are both High Yield Bonds funds. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. JPHY charges 0.24%/yr vs 0.69%/yr for FLRT.
Performance
JPHY vs. FLRT - Performance Comparison
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Returns By Period
In the year-to-date period, JPHY achieves a 2.25% return, which is significantly higher than FLRT's 1.81% return.
JPHY
- 1D
- -0.02%
- 1M
- 0.48%
- YTD
- 2.25%
- 6M
- 2.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLRT
- 1D
- -0.06%
- 1M
- 0.17%
- YTD
- 1.81%
- 6M
- 1.89%
- 1Y
- 5.54%
- 3Y*
- 8.54%
- 5Y*
- 5.95%
- 10Y*
- 4.90%
JPHY vs. FLRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JPHY JPMorgan High Yield Research Enhanced ETF | 2.25% | 4.06% |
FLRT Pacific Global Senior Loan ETF | 1.81% | 3.60% |
Correlation
The correlation between JPHY and FLRT is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025 | 0.38 |
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Return for Risk
JPHY vs. FLRT — Risk / Return Rank
JPHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FLRT
JPHY vs. FLRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Research Enhanced ETF (JPHY) and Pacific Global Senior Loan ETF (FLRT). 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.
| JPHY | FLRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.82 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.13 | — |
| Martin ratioReturn relative to average drawdown | — | 11.44 | — |
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Drawdowns
JPHY vs. FLRT - Drawdown Comparison
The maximum JPHY drawdown since its inception was -1.65%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for JPHY and FLRT.
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Drawdown Indicators
| JPHY | FLRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.65% | -20.96% | +19.31% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.78% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -7.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.96% | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.17% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -0.21% | -1.41% | +1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.49% | — |
Volatility
JPHY vs. FLRT - Volatility Comparison
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Volatility by Period
| JPHY | FLRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.42% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.01% | 1.59% | +1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.01% | 2.30% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.01% | 6.12% | -3.11% |
JPHY vs. FLRT - Expense Ratio Comparison
JPHY has a 0.24% expense ratio, which is lower than FLRT's 0.69% expense ratio.
Dividends
JPHY vs. FLRT - Dividend Comparison
JPHY's dividend yield for the trailing twelve months is around 5.91%, less than FLRT's 6.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLRT Pacific Global Senior Loan ETF | 6.81% | 6.93% | 7.93% | 8.40% | 5.81% | 3.16% | 3.52% | 4.30% | 3.95% | 3.20% | 3.38% | 3.21% |
JPHY JPMorgan High Yield Research Enhanced ETF | 5.91% | 3.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JPHY and FLRT have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPHY is cheaper with a 0.24% expense ratio, compared with 0.69% for FLRT.
FLRT has the higher dividend yield at 6.81%, compared with 5.91% for JPHY.
They also come from different issuers: JPMorgan and Pacific Life. Their fees differ too: 0.24% for JPHY and 0.69% for FLRT.
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