JSTC vs. IMFL

Last updated Jun 4, 2026

JSTC (Adasina Social Justice All Cap Global ETF) and IMFL (Invesco International Developed Dynamic Multifactor ETF) are both Global Equities funds. JSTC is actively managed, while IMFL is passively managed. Over the past 5 years, JSTC returned 6.41%/yr vs 8.50%/yr for IMFL. A 0.79 correlation means they provide meaningful diversification when combined. JSTC charges 0.89%/yr vs 0.34%/yr for IMFL.

Performance

JSTC vs. IMFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adasina Social Justice All Cap Global ETF (JSTC) and Invesco International Developed Dynamic Multifactor ETF (IMFL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JSTC achieves a 10.79% return, which is significantly lower than IMFL's 17.58% return.

JSTC

• 1D: -0.22%
• 1M: 5.99%
• YTD: 10.79%
• 6M: 11.65%
• 1Y: 18.07%
• 3Y*: 14.06%
• 5Y*: 6.41%
• 10Y*: —

IMFL

• 1D: -0.54%
• 1M: 5.50%
• YTD: 17.58%
• 6M: 20.95%
• 1Y: 33.05%
• 3Y*: 17.51%
• 5Y*: 8.50%
• 10Y*: —

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

JSTC vs. IMFL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JSTC Adasina Social Justice All Cap Global ETF	10.79%	12.02%	8.96%	15.67%	-17.58%	13.94%
IMFL Invesco International Developed Dynamic Multifactor ETF	17.58%	30.89%	-3.57%	25.51%	-17.32%	6.94%

Correlation

The correlation between JSTC and IMFL is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Feb 25, 2021	0.79

The correlation between JSTC and IMFL has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.

JSTC vs. IMFL - Sectors Allocation Comparison

Sectors	JSTC	IMFL
Technology	27.2%	15.4%
Financial Services	22.5%	11.0%
Industrials	16.7%	17.4%
Healthcare	10.3%	12.8%
Communication Services	7.7%	3.6%
Consumer Cyclical	4.6%	7.5%
Consumer Defensive	3.0%	11.6%
Utilities	1.8%	3.9%
Basic Materials	0.8%	5.5%
Real Estate	0.5%	1.5%
Energy	0.0%	5.9%

Return for Risk

JSTC vs. IMFL — Risk / Return Rank

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

JSTC

JSTC Risk / Return Rank: 39
JSTC Sharpe Ratio Rank: 38
JSTC Sortino Ratio Rank: 38
JSTC Omega Ratio Rank: 37
JSTC Calmar Ratio Rank: 37
JSTC Martin Ratio Rank: 45

IMFL

IMFL Risk / Return Rank: 60
IMFL Sharpe Ratio Rank: 64
IMFL Sortino Ratio Rank: 61
IMFL Omega Ratio Rank: 61
IMFL Calmar Ratio Rank: 57
IMFL Martin Ratio Rank: 57

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.

JSTC vs. IMFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adasina Social Justice All Cap Global ETF (JSTC) and Invesco International Developed Dynamic Multifactor ETF (IMFL). 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.

	JSTC	IMFL	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.12	-0.76
Sortino ratio: Return per unit of downside risk	1.98	2.88	-0.90
Omega ratio: Gain probability vs. loss probability	1.24	1.37	-0.13
Calmar ratio: Return relative to maximum drawdown	1.83	2.82	-0.99
Martin ratio: Return relative to average drawdown	7.44	9.97	-2.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JSTC vs. IMFL - Sharpe Ratio Comparison

The current JSTC Sharpe Ratio is 1.36, which is lower than the IMFL Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of JSTC and IMFL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JSTC	IMFL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.12	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.53	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.62	-0.08

Drawdowns

JSTC vs. IMFL - Drawdown Comparison

The maximum JSTC drawdown since its inception was -26.82%, smaller than the maximum IMFL drawdown of -33.26%. Use the drawdown chart below to compare losses from any high point for JSTC and IMFL.

Drawdown Indicators

	JSTC	IMFL	Difference
Max Drawdown Largest peak-to-trough decline	-26.82%	-33.26%	+6.44%
Max Drawdown (1Y) Largest decline over 1 year	-9.93%	-11.77%	+1.84%
Max Drawdown (3Y) Largest decline over 3 years	-16.72%	-13.52%	-3.20%
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	-33.26%	+6.44%
Current Drawdown Current decline from peak	-0.22%	-0.54%	+0.32%
Average Drawdown Average peak-to-trough decline	-6.60%	-7.24%	+0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.44%	3.32%	-0.88%

Volatility

JSTC vs. IMFL - Volatility Comparison

The current volatility for Adasina Social Justice All Cap Global ETF (JSTC) is 4.30%, while Invesco International Developed Dynamic Multifactor ETF (IMFL) has a volatility of 5.74%. This indicates that JSTC experiences smaller price fluctuations and is considered to be less risky than IMFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JSTC	IMFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	5.74%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	10.70%	13.08%	-2.38%
Volatility (1Y) Calculated over the trailing 1-year period	13.35%	15.71%	-2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	16.05%	-0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	15.99%	-0.23%

JSTC vs. IMFL - Expense Ratio Comparison

JSTC has a 0.89% expense ratio, which is higher than IMFL's 0.34% expense ratio.

Dividends

JSTC vs. IMFL - Dividend Comparison

JSTC's dividend yield for the trailing twelve months is around 1.21%, less than IMFL's 2.87% yield.

Position	TTM	2025	2024	2023	2022	2021
IMFL Invesco International Developed Dynamic Multifactor ETF	2.87%	2.88%	3.56%	3.85%	3.35%	3.94%
JSTC Adasina Social Justice All Cap Global ETF	1.21%	1.34%	1.11%	1.03%	0.83%	0.96%

Frequently Asked Questions

Can I hold both JSTC and IMFL in my portfolio?

JSTC and IMFL have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JSTC or IMFL?

IMFL has higher volatility (5.74%) compared to JSTC (4.30%). In terms of maximum drawdown, JSTC dropped -26.82% vs IMFL's -33.26%.

Which ETF is better, JSTC or IMFL?

On 5-year performance, IMFL leads with 8.50% vs 6.41% for JSTC. On fees, IMFL is cheaper at 0.34% per year. On volatility, JSTC has been the lower-risk option at 4.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JSTC or IMFL?

Over the 5-year period, IMFL has performed better with a 8.50% return vs 6.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JSTC or IMFL?

IMFL is cheaper with a 0.34% expense ratio, compared with 0.89% for JSTC.

Which ETF pays a higher dividend yield, JSTC or IMFL?

IMFL has the higher dividend yield at 2.87%, compared with 1.21% for JSTC.

What is the main difference between JSTC and IMFL?

They also come from different issuers: Toroso Investments and Invesco. Their fees differ too: 0.89% for JSTC and 0.34% for IMFL.

Which has better risk-adjusted returns?

IMFL currently has the higher Sharpe Ratio (2.12 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.