OKTA vs. JFLI
OKTA (Okta, Inc.) is a stock, while JFLI (JPMorgan Flexible Income ETF) is Global Allocation fund actively managed by JPMorgan. Over the past year, OKTA returned 11.20% vs 18.61% for JFLI. At a 0.40 correlation, their price movements are largely independent.
Performance
OKTA vs. JFLI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OKTA achieves a 35.13% return, which is significantly higher than JFLI's 7.84% return.
OKTA
- 1D
- -1.58%
- 1M
- 39.27%
- YTD
- 35.13%
- 6M
- 33.86%
- 1Y
- 11.20%
- 3Y*
- 17.84%
- 5Y*
- -11.66%
- 10Y*
- —
JFLI
- 1D
- 0.43%
- 1M
- 0.27%
- YTD
- 7.84%
- 6M
- 7.85%
- 1Y
- 18.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OKTA vs. JFLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OKTA Okta, Inc. | 35.13% | -13.75% |
JFLI JPMorgan Flexible Income ETF | 7.84% | 9.49% |
Correlation
The correlation between OKTA and JFLI is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025 | 0.40 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OKTA vs. JFLI — Risk / Return Rank
OKTA
JFLI
OKTA vs. JFLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) 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.
| OKTA | JFLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.41 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 2.80 | -2.50 |
| Martin ratioReturn relative to average drawdown | 0.71 | 13.38 | -12.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| OKTA | JFLI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.21 | 2.14 | -1.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 1.13 | -0.77 |
Drawdowns
OKTA vs. JFLI - Drawdown Comparison
The maximum OKTA drawdown since its inception was -84.57%, which is greater than JFLI's maximum drawdown of -12.87%. Use the drawdown chart below to compare losses from any high point for OKTA and JFLI.
Loading charts...
Drawdown Indicators
| OKTA | JFLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -12.87% | -71.70% |
Max Drawdown (1Y)Largest decline over 1 year | -37.82% | -6.67% | -31.15% |
Max Drawdown (3Y)Largest decline over 3 years | -50.57% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -83.43% | — | — |
Current DrawdownCurrent decline from peak | -59.95% | -2.19% | -57.76% |
Average DrawdownAverage peak-to-trough decline | -38.25% | -1.44% | -36.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.44% | 1.39% | +17.05% |
Volatility
OKTA vs. JFLI - Volatility Comparison
Okta, Inc. (OKTA) has a higher volatility of 33.10% compared to JPMorgan Flexible Income ETF (JFLI) at 3.23%. This indicates that OKTA'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.
Loading charts...
Volatility by Period
| OKTA | JFLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.10% | 3.23% | +29.87% |
Volatility (6M)Calculated over the trailing 6-month period | 47.85% | 7.35% | +40.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.61% | 8.74% | +45.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.49% | 12.03% | +45.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.01% | 12.03% | +41.98% |
Dividends
OKTA vs. JFLI - Dividend Comparison
OKTA has not paid dividends to shareholders, while JFLI's dividend yield for the trailing twelve months is around 7.33%.
| Position | TTM | 2025 |
|---|---|---|
JFLI JPMorgan Flexible Income ETF | 7.33% | 6.81% |
OKTA Okta, Inc. | 0.00% | 0.00% |
Frequently Asked Questions
OKTA and JFLI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKTA has higher volatility (33.10%) compared to JFLI (3.23%). In terms of maximum drawdown, OKTA dropped -84.57% vs JFLI's -12.87%.
JFLI currently has the higher Sharpe Ratio (2.14 vs 0.21), 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.
Find the right allocation for OKTA and JFLI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer