NEXI.MI vs. JFLI

Last updated Jun 5, 2026

NEXI.MI (Nexi S.p.A) is a stock, while JFLI (JPMorgan Flexible Income ETF) is Global Allocation fund actively managed by JPMorgan. Over the past year, NEXI.MI returned -30.63% vs 17.16% for JFLI. At a 0.16 correlation, their price movements are largely independent.

Performance

NEXI.MI vs. JFLI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Nexi S.p.A (NEXI.MI) and JPMorgan Flexible Income ETF (JFLI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NEXI.MI is traded in EUR, while JFLI is traded in USD. To make them comparable, the JFLI values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, NEXI.MI achieves a -13.06% return, which is significantly lower than JFLI's 9.83% return.

NEXI.MI

• 1D: -0.30%
• 1M: -11.85%
• YTD: -13.06%
• 6M: -8.09%
• 1Y: -30.63%
• 3Y*: -19.36%
• 5Y*: -25.25%
• 10Y*: —

JFLI

• 1D: 0.32%
• 1M: 2.46%
• YTD: 9.83%
• 6M: 8.82%
• 1Y: 17.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEXI.MI vs. JFLI - Yearly Performance Comparison

	2026 (YTD)	2025
NEXI.MI Nexi S.p.A	-13.06%	-2.94%
JFLI JPMorgan Flexible Income ETF	9.83%	-2.24%

Correlation

The correlation between NEXI.MI and JFLI is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.16

Return for Risk

NEXI.MI vs. JFLI — Risk / Return Rank

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

NEXI.MI

NEXI.MI Risk / Return Rank: 14
NEXI.MI Sharpe Ratio Rank: 8
NEXI.MI Sortino Ratio Rank: 11
NEXI.MI Omega Ratio Rank: 10
NEXI.MI Calmar Ratio Rank: 20
NEXI.MI Martin Ratio Rank: 18

JFLI

JFLI Risk / Return Rank: 73
JFLI Sharpe Ratio Rank: 74
JFLI Sortino Ratio Rank: 74
JFLI Omega Ratio Rank: 78
JFLI Calmar Ratio Rank: 62
JFLI Martin Ratio Rank: 77

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.

NEXI.MI vs. JFLI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nexi S.p.A (NEXI.MI) 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.

	NEXI.MI	JFLI	Difference
Sharpe ratio: Return per unit of total volatility	-0.84	2.01	-2.85
Sortino ratio: Return per unit of downside risk	-1.02	2.65	-3.66
Omega ratio: Gain probability vs. loss probability	0.86	1.38	-0.52
Calmar ratio: Return relative to maximum drawdown	-0.61	3.92	-4.52
Martin ratio: Return relative to average drawdown	-1.10	15.57	-16.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NEXI.MI vs. JFLI - Sharpe Ratio Comparison

The current NEXI.MI Sharpe Ratio is -0.84, which is lower than the JFLI Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of NEXI.MI 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

	NEXI.MI	JFLI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.84	2.01	-2.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	0.40	-0.67

Drawdowns

NEXI.MI vs. JFLI - Drawdown Comparison

The maximum NEXI.MI drawdown since its inception was -84.94%, which is greater than JFLI's maximum drawdown of -17.64%. Use the drawdown chart below to compare losses from any high point for NEXI.MI and JFLI.

Drawdown Indicators

	NEXI.MI	JFLI	Difference
Max Drawdown Largest peak-to-trough decline	-84.94%	-17.64%	-67.30%
Max Drawdown (1Y) Largest decline over 1 year	-50.59%	-4.40%	-46.19%
Max Drawdown (3Y) Largest decline over 3 years	-62.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-84.94%	—	—
Current Drawdown Current decline from peak	-80.16%	-1.37%	-78.79%
Average Drawdown Average peak-to-trough decline	-44.23%	-4.98%	-39.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.90%	1.10%	+26.80%

Volatility

NEXI.MI vs. JFLI - Volatility Comparison

Nexi S.p.A (NEXI.MI) has a higher volatility of 10.76% compared to JPMorgan Flexible Income ETF (JFLI) at 2.38%. This indicates that NEXI.MI'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

	NEXI.MI	JFLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.76%	2.38%	+8.38%
Volatility (6M) Calculated over the trailing 6-month period	30.26%	6.61%	+23.65%
Volatility (1Y) Calculated over the trailing 1-year period	36.32%	8.60%	+27.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.77%	13.73%	+22.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.38%	13.73%	+23.65%

Dividends

NEXI.MI vs. JFLI - Dividend Comparison

NEXI.MI's dividend yield for the trailing twelve months is around 8.90%, more than JFLI's 7.33% yield.

Position	TTM	2025
JFLI JPMorgan Flexible Income ETF	7.33%	6.81%
NEXI.MI Nexi S.p.A	8.90%	5.92%

Frequently Asked Questions

Can I hold both NEXI.MI and JFLI in my portfolio?

NEXI.MI and JFLI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.