LYLD vs. JMMF

Last updated Jun 3, 2026

LYLD (Cambria Large Cap Shareholder Yield ETF) and JMMF (JPMorgan 100% U.S. Treasury Securities Money Market ETF) are both exchange-traded funds - LYLD is a Large Cap Value Equities fund actively managed by Cambria, while JMMF is a Money Market fund actively managed by JPMorgan. Both are actively managed. At a correlation of -0.07, they often move in opposite directions. LYLD charges 0.59%/yr vs 0.16%/yr for JMMF.

Performance

LYLD vs. JMMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Large Cap Shareholder Yield ETF (LYLD) and JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYLD achieves a 9.04% return, which is significantly higher than JMMF's 1.42% return.

LYLD

• 1D: 0.38%
• 1M: 0.72%
• YTD: 9.04%
• 6M: 10.59%
• 1Y: 22.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JMMF

• 1D: 0.02%
• 1M: 0.29%
• YTD: 1.42%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LYLD vs. JMMF - Yearly Performance Comparison

	2026 (YTD)	2025
LYLD Cambria Large Cap Shareholder Yield ETF	9.04%	-1.57%
JMMF JPMorgan 100% U.S. Treasury Securities Money Market ETF	1.42%	0.17%

Correlation

The correlation between LYLD and JMMF is -0.07, 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 Dec 12, 2025	-0.07

Return for Risk

LYLD vs. JMMF — Risk / Return Rank

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

LYLD

LYLD Risk / Return Rank: 56
LYLD Sharpe Ratio Rank: 55
LYLD Sortino Ratio Rank: 59
LYLD Omega Ratio Rank: 54
LYLD Calmar Ratio Rank: 57
LYLD Martin Ratio Rank: 55

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.

LYLD vs. JMMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Large Cap Shareholder Yield ETF (LYLD) and JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF). 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.

	LYLD	JMMF	Difference
Sharpe ratio Return per unit of total volatility	1.94	—	—
Sortino ratio Return per unit of downside risk	2.84	—	—
Omega ratio Gain probability vs. loss probability	1.34	—	—
Calmar ratio Return relative to maximum drawdown	2.90	—	—
Martin ratio Return relative to average drawdown	9.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LYLD	JMMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	6.42	-5.63

Drawdowns

LYLD vs. JMMF - Drawdown Comparison

The maximum LYLD drawdown since its inception was -18.64%, which is greater than JMMF's maximum drawdown of -0.14%. Use the drawdown chart below to compare losses from any high point for LYLD and JMMF.

Drawdown Indicators

	LYLD	JMMF	Difference
Max Drawdown Largest peak-to-trough decline	-18.64%	-0.14%	-18.50%
Max Drawdown (1Y) Largest decline over 1 year	-7.70%	—	—
Current Drawdown Current decline from peak	-1.18%	0.00%	-1.18%
Average Drawdown Average peak-to-trough decline	-3.68%	-0.01%	-3.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	—	—

Volatility

Volatility by Period

	LYLD	JMMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.43%	0.54%	+10.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.63%	0.54%	+15.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	0.54%	+15.09%

LYLD vs. JMMF - Expense Ratio Comparison

LYLD has a 0.59% expense ratio, which is higher than JMMF's 0.16% expense ratio.

Dividends

LYLD vs. JMMF - Dividend Comparison

LYLD's dividend yield for the trailing twelve months is around 2.62%, more than JMMF's 1.59% yield.

Position	TTM	2025	2024
JMMF JPMorgan 100% U.S. Treasury Securities Money Market ETF	1.59%	0.20%	0.00%
LYLD Cambria Large Cap Shareholder Yield ETF	2.62%	2.79%	0.72%

Frequently Asked Questions

Can I hold both LYLD and JMMF in my portfolio?

LYLD and JMMF have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LYLD or JMMF?

On fees, JMMF is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LYLD or JMMF?

JMMF is cheaper with a 0.16% expense ratio, compared with 0.59% for LYLD.

Which ETF pays a higher dividend yield, LYLD or JMMF?

LYLD has the higher dividend yield at 2.62%, compared with 1.59% for JMMF.

What is the main difference between LYLD and JMMF?

LYLD is categorized as Large Cap Value Equities, while JMMF is Money Market. They also come from different issuers: Cambria and JPMorgan. Their fees differ too: 0.59% for LYLD and 0.16% for JMMF.