QQ.L vs. JFLI
QQ.L (QinetiQ Group plc) is a stock, while JFLI (JPMorgan Flexible Income ETF) is Global Allocation fund actively managed by JPMorgan. Over the past year, QQ.L returned -12.02% vs 20.23% for JFLI. At a 0.08 correlation, their price movements are largely independent.
Performance
QQ.L vs. JFLI - Performance Comparison
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Different Trading Currencies
QQ.L is traded in GBp, while JFLI is traded in USD. To make them comparable, the JFLI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, QQ.L achieves a 8.36% return, which is significantly lower than JFLI's 8.89% return.
QQ.L
- 1D
- 1.06%
- 1M
- 12.89%
- YTD
- 8.36%
- 6M
- 13.56%
- 1Y
- -12.02%
- 3Y*
- 11.16%
- 5Y*
- 8.50%
- 10Y*
- 9.42%
JFLI
- 1D
- 0.40%
- 1M
- 2.44%
- YTD
- 8.89%
- 6M
- 7.67%
- 1Y
- 20.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQ.L vs. JFLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQ.L QinetiQ Group plc | 8.36% | 20.93% |
JFLI JPMorgan Flexible Income ETF | 8.89% | 2.10% |
Correlation
The correlation between QQ.L and JFLI is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025 | 0.08 |
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Return for Risk
QQ.L vs. JFLI — Risk / Return Rank
QQ.L
JFLI
QQ.L vs. JFLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QinetiQ Group plc (QQ.L) 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.
| QQ.L | JFLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.88 | ||
| Sortino ratioReturn per unit of downside risk | -3.66 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.48 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 4.17 | -4.63 |
| Martin ratioReturn relative to average drawdown | -0.89 | 17.01 | -17.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQ.L | JFLI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | 2.50 | -2.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.71 | -0.44 |
Drawdowns
QQ.L vs. JFLI - Drawdown Comparison
The maximum QQ.L drawdown since its inception was -55.68%, which is greater than JFLI's maximum drawdown of -14.42%. Use the drawdown chart below to compare losses from any high point for QQ.L and JFLI.
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Drawdown Indicators
| QQ.L | JFLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.68% | -14.42% | -41.26% |
Max Drawdown (1Y)Largest decline over 1 year | -25.90% | -4.87% | -21.03% |
Max Drawdown (3Y)Largest decline over 3 years | -31.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.09% | — | — |
Current DrawdownCurrent decline from peak | -15.33% | -1.33% | -14.00% |
Average DrawdownAverage peak-to-trough decline | -16.92% | -3.18% | -13.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.72% | 1.19% | +11.53% |
Volatility
QQ.L vs. JFLI - Volatility Comparison
QinetiQ Group plc (QQ.L) has a higher volatility of 11.81% compared to JPMorgan Flexible Income ETF (JFLI) at 2.69%. This indicates that QQ.L'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.
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Volatility by Period
| QQ.L | JFLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.81% | 2.69% | +9.12% |
Volatility (6M)Calculated over the trailing 6-month period | 22.30% | 6.26% | +16.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.48% | 8.15% | +23.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.20% | 11.98% | +19.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.89% | 11.98% | +16.91% |
Dividends
QQ.L vs. JFLI - Dividend Comparison
QQ.L's dividend yield for the trailing twelve months is around 1.90%, less than JFLI's 7.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JFLI JPMorgan Flexible Income ETF | 7.33% | 6.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQ.L QinetiQ Group plc | 1.90% | 2.00% | 1.99% | 2.49% | 2.04% | 2.59% | 2.06% | 1.84% | 2.20% | 2.60% | 2.17% | 1.99% |
Frequently Asked Questions
QQ.L and JFLI have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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