KNRG vs. JFLX

Last updated Jun 24, 2026

KNRG (Simplify Kayne Anderson Energy and Infrastructure Credit ETF) and JFLX (JPMorgan Flexible Debt ETF) are both Nontraditional Bonds funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. KNRG charges 0.76%/yr vs 0.45%/yr for JFLX.

Performance

KNRG vs. JFLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) and JPMorgan Flexible Debt ETF (JFLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KNRG achieves a 2.62% return, which is significantly higher than JFLX's 2.17% return.

KNRG

• 1D: 0.01%
• 1M: 0.46%
• YTD: 2.62%
• 6M: 2.85%
• 1Y: 8.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JFLX

• 1D: -0.10%
• 1M: 1.05%
• YTD: 2.17%
• 6M: 2.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KNRG vs. JFLX - Yearly Performance Comparison

	2026 (YTD)	2025
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	2.62%	1.32%
JFLX JPMorgan Flexible Debt ETF	2.17%	1.48%

Correlation

The correlation between KNRG and JFLX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.59

Return for Risk

KNRG vs. JFLX — Risk / Return Rank

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

KNRG

KNRG Risk / Return Rank: 86
KNRG Sharpe Ratio Rank: 91
KNRG Sortino Ratio Rank: 94
KNRG Omega Ratio Rank: 92
KNRG Calmar Ratio Rank: 70
KNRG Martin Ratio Rank: 83

JFLX

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

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.

KNRG vs. JFLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) and JPMorgan Flexible Debt ETF (JFLX). 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.

	KNRG	JFLX	Difference
Sharpe ratio: Return per unit of total volatility	2.79	—	—
Sortino ratio: Return per unit of downside risk	4.32	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	3.20	—	—
Martin ratio: Return relative to average drawdown	15.22	—	—

Drawdowns

KNRG vs. JFLX - Drawdown Comparison

The maximum KNRG drawdown since its inception was -2.71%, which is greater than JFLX's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for KNRG and JFLX.

Drawdown Indicators

	KNRG	JFLX	Difference
Max Drawdown Largest peak-to-trough decline	-2.71%	-2.36%	-0.35%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	—	—
Current Drawdown Current decline from peak	-0.15%	-0.22%	+0.07%
Average Drawdown Average peak-to-trough decline	-0.32%	-0.38%	+0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.57%	—	—

Volatility

Volatility by Period

	KNRG	JFLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.10%	2.67%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.48%	2.67%	+0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.48%	2.67%	+0.81%

KNRG vs. JFLX - Expense Ratio Comparison

KNRG has a 0.76% expense ratio, which is higher than JFLX's 0.45% expense ratio.

Dividends

KNRG vs. JFLX - Dividend Comparison

KNRG's dividend yield for the trailing twelve months is around 6.93%, more than JFLX's 3.27% yield.

Position	TTM	2025
JFLX JPMorgan Flexible Debt ETF	3.27%	1.27%
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	6.93%	4.22%

Frequently Asked Questions

Can I hold both KNRG and JFLX in my portfolio?

KNRG and JFLX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KNRG or JFLX?

On fees, JFLX is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KNRG or JFLX?

JFLX is cheaper with a 0.45% expense ratio, compared with 0.76% for KNRG.

Which ETF pays a higher dividend yield, KNRG or JFLX?

KNRG has the higher dividend yield at 6.93%, compared with 3.27% for JFLX.

What is the main difference between KNRG and JFLX?

They also come from different issuers: Simplify and JPMorgan. Their fees differ too: 0.76% for KNRG and 0.45% for JFLX.