NDOW vs. JFLI

Last updated Jun 5, 2026

NDOW (Anydrus Advantage ETF) and JFLI (JPMorgan Flexible Income ETF) are both Global Allocation funds. Both are actively managed. Over the past year, NDOW returned 19.61% vs 21.01% for JFLI. Their correlation of 0.87 suggests significant overlap in exposure. NDOW charges 2.15%/yr vs 0.35%/yr for JFLI.

Performance

NDOW vs. JFLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anydrus Advantage ETF (NDOW) and JPMorgan Flexible Income ETF (JFLI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NDOW achieves a 8.49% return, which is significantly lower than JFLI's 9.95% return.

NDOW

• 1D: 0.17%
• 1M: 3.10%
• YTD: 8.49%
• 6M: 9.72%
• 1Y: 19.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JFLI

• 1D: 0.05%
• 1M: 3.14%
• YTD: 9.95%
• 6M: 9.72%
• 1Y: 21.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NDOW vs. JFLI - Yearly Performance Comparison

	2026 (YTD)	2025
NDOW Anydrus Advantage ETF	8.49%	11.02%
JFLI JPMorgan Flexible Income ETF	9.95%	9.49%

Correlation

The correlation between NDOW and JFLI is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025	0.87

The correlation between NDOW and JFLI has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

Return for Risk

NDOW vs. JFLI — Risk / Return Rank

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

NDOW

NDOW Risk / Return Rank: 65
NDOW Sharpe Ratio Rank: 68
NDOW Sortino Ratio Rank: 69
NDOW Omega Ratio Rank: 68
NDOW Calmar Ratio Rank: 56
NDOW Martin Ratio Rank: 64

JFLI

JFLI Risk / Return Rank: 77
JFLI Sharpe Ratio Rank: 79
JFLI Sortino Ratio Rank: 81
JFLI Omega Ratio Rank: 81
JFLI Calmar Ratio Rank: 66
JFLI Martin Ratio Rank: 79

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.

NDOW vs. JFLI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anydrus Advantage ETF (NDOW) and JPMorgan Flexible Income ETF (JFLI). 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.

	NDOW	JFLI	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.52	-0.32
Sortino ratio: Return per unit of downside risk	3.09	3.57	-0.49
Omega ratio: Gain probability vs. loss probability	1.40	1.48	-0.08
Calmar ratio: Return relative to maximum drawdown	2.75	3.16	-0.42
Martin ratio: Return relative to average drawdown	11.52	15.29	-3.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NDOW vs. JFLI - Sharpe Ratio Comparison

The current NDOW Sharpe Ratio is 2.20, which is comparable to the JFLI Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of NDOW and JFLI, 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

	NDOW	JFLI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.52	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	1.30	-0.13

Drawdowns

NDOW vs. JFLI - Drawdown Comparison

The maximum NDOW drawdown since its inception was -8.76%, smaller than the maximum JFLI drawdown of -12.87%. Use the drawdown chart below to compare losses from any high point for NDOW and JFLI.

Drawdown Indicators

	NDOW	JFLI	Difference
Max Drawdown Largest peak-to-trough decline	-8.76%	-12.87%	+4.11%
Max Drawdown (1Y) Largest decline over 1 year	-7.17%	-6.67%	-0.50%
Current Drawdown Current decline from peak	-0.45%	-0.28%	-0.17%
Average Drawdown Average peak-to-trough decline	-1.38%	-1.43%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	1.38%	+0.33%

Volatility

NDOW vs. JFLI - Volatility Comparison

Anydrus Advantage ETF (NDOW) has a higher volatility of 3.49% compared to JPMorgan Flexible Income ETF (JFLI) at 2.30%. This indicates that NDOW's price experiences larger fluctuations and is considered to be riskier than JFLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NDOW	JFLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	2.30%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	7.49%	6.93%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	8.96%	8.38%	+0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.84%	11.88%	-3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.84%	11.88%	-3.04%

NDOW vs. JFLI - Expense Ratio Comparison

NDOW has a 2.15% expense ratio, which is higher than JFLI's 0.35% expense ratio.

Dividends

NDOW vs. JFLI - Dividend Comparison

NDOW's dividend yield for the trailing twelve months is around 1.14%, less than JFLI's 7.81% yield.

Position	TTM	2025	2024
JFLI JPMorgan Flexible Income ETF	7.81%	6.81%	0.00%
NDOW Anydrus Advantage ETF	1.14%	1.24%	1.39%

Frequently Asked Questions

Can I hold both NDOW and JFLI in my portfolio?

NDOW and JFLI have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NDOW or JFLI?

NDOW has higher volatility (3.49%) compared to JFLI (2.30%). In terms of maximum drawdown, NDOW dropped -8.76% vs JFLI's -12.87%.

Which ETF is better, NDOW or JFLI?

On 1-year performance, JFLI leads with 21.01% vs 19.61% for NDOW. On fees, JFLI is cheaper at 0.35% per year. On volatility, JFLI has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NDOW or JFLI?

Over the 1-year period, JFLI has performed better with a 21.01% return vs 19.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NDOW or JFLI?

JFLI is cheaper with a 0.35% expense ratio, compared with 2.15% for NDOW.

Which ETF pays a higher dividend yield, NDOW or JFLI?

JFLI has the higher dividend yield at 7.81%, compared with 1.14% for NDOW.

What is the main difference between NDOW and JFLI?

They also come from different issuers: Anydrus Capital and JPMorgan. Their fees differ too: 2.15% for NDOW and 0.35% for JFLI.

Which has better risk-adjusted returns?

JFLI currently has the higher Sharpe Ratio (2.52 vs 2.20), 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.