MATE vs. JPFP

Last updated Jun 25, 2026

MATE (Man Active Trend Enhanced ETF) and JPFP (JPMorgan Managed Futures Plus ETF) are both exchange-traded funds - MATE is a Tactical Allocation fund actively managed by Man Group, while JPFP is a Systematic Trend fund actively managed by JPMorgan. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. MATE charges 0.97%/yr vs 0.59%/yr for JPFP.

Performance

MATE vs. JPFP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Man Active Trend Enhanced ETF (MATE) and JPMorgan Managed Futures Plus ETF (JPFP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MATE

• 1D: -1.46%
• 1M: -5.28%
• YTD: 12.55%
• 6M: 10.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPFP

• 1D: -1.38%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MATE vs. JPFP - Yearly Performance Comparison

	2026 (YTD)
MATE Man Active Trend Enhanced ETF	-5.01%
JPFP JPMorgan Managed Futures Plus ETF	-4.11%

Correlation

The correlation between MATE and JPFP is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.94

Return for Risk

MATE vs. JPFP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Trend Enhanced ETF (MATE) and JPMorgan Managed Futures Plus ETF (JPFP). 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

MATE vs. JPFP - Drawdown Comparison

The maximum MATE drawdown since its inception was -13.24%, which is greater than JPFP's maximum drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for MATE and JPFP.

Drawdown Indicators

	MATE	JPFP	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-5.85%	-7.39%
Current Drawdown Current decline from peak	-6.87%	-5.85%	-1.02%
Average Drawdown Average peak-to-trough decline	-3.37%	-2.52%	-0.85%

Volatility

Volatility by Period

	MATE	JPFP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.26%	22.30%	+0.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.26%	22.30%	+0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.26%	22.30%	+0.96%

MATE vs. JPFP - Expense Ratio Comparison

MATE has a 0.97% expense ratio, which is higher than JPFP's 0.59% expense ratio.

Dividends

MATE vs. JPFP - Dividend Comparison

Neither MATE nor JPFP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MATE and JPFP in my portfolio?

With a correlation of 0.94, MATE and JPFP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, MATE or JPFP?

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, MATE or JPFP?

JPFP is cheaper with a 0.59% expense ratio, compared with 0.97% for MATE.

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

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

What is the main difference between MATE and JPFP?

MATE is categorized as Tactical Allocation, while JPFP is Systematic Trend. They also come from different issuers: Man Group and JPMorgan. Their fees differ too: 0.97% for MATE and 0.59% for JPFP.