RYSE vs. JFLX

Last updated Jun 24, 2026

RYSE (Cboe Vest 10 Year Interest Rate Hedge ETF) and JFLX (JPMorgan Flexible Debt ETF) are both Nontraditional Bonds funds. Both are actively managed. At a correlation of -0.31, they often move in opposite directions. RYSE charges 0.85%/yr vs 0.45%/yr for JFLX.

Performance

RYSE vs. JFLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) and JPMorgan Flexible Debt ETF (JFLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYSE achieves a 2.52% return, which is significantly higher than JFLX's 2.17% return.

RYSE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 2.52%
• 6M: 3.15%
• 1Y: 3.82%
• 3Y*: 4.06%
• 5Y*: —
• 10Y*: —

JFLX

• 1D: -0.10%
• 1M: 1.05%
• YTD: 2.17%
• 6M: 2.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RYSE vs. JFLX - Yearly Performance Comparison

	2026 (YTD)	2025
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	2.52%	2.65%
JFLX JPMorgan Flexible Debt ETF	2.17%	1.48%

Correlation

The correlation between RYSE and JFLX is -0.31, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	-0.31

Return for Risk

RYSE vs. JFLX — Risk / Return Rank

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

RYSE

RYSE Risk / Return Rank: 14
RYSE Sharpe Ratio Rank: 15
RYSE Sortino Ratio Rank: 13
RYSE Omega Ratio Rank: 14
RYSE Calmar Ratio Rank: 15
RYSE Martin Ratio Rank: 14

JFLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

RYSE vs. JFLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) and JPMorgan Flexible Debt ETF (JFLX). 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.

	RYSE	JFLX	Difference
Sharpe ratio: Return per unit of total volatility	0.38	—	—
Sortino ratio: Return per unit of downside risk	0.62	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.53	—	—
Martin ratio: Return relative to average drawdown	1.19	—	—

Drawdowns

RYSE vs. JFLX - Drawdown Comparison

The maximum RYSE drawdown since its inception was -19.70%, which is greater than JFLX's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for RYSE and JFLX.

Drawdown Indicators

	RYSE	JFLX	Difference
Max Drawdown Largest peak-to-trough decline	-19.70%	-2.36%	-17.34%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.70%	—	—
Current Drawdown Current decline from peak	-7.83%	-0.22%	-7.61%
Average Drawdown Average peak-to-trough decline	-9.15%	-0.38%	-8.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.22%	—	—

Volatility

Volatility by Period

	RYSE	JFLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.12%	2.67%	+7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.80%	2.67%	+12.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.80%	2.67%	+12.13%

RYSE vs. JFLX - Expense Ratio Comparison

RYSE has a 0.85% expense ratio, which is higher than JFLX's 0.45% expense ratio.

Dividends

RYSE vs. JFLX - Dividend Comparison

RYSE's dividend yield for the trailing twelve months is around 1.37%, less than JFLX's 3.27% yield.

Position	TTM	2025	2024	2023
JFLX JPMorgan Flexible Debt ETF	3.27%	1.27%	0.00%	0.00%
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	1.37%	1.86%	2.58%	24.91%

Frequently Asked Questions

Can I hold both RYSE and JFLX in my portfolio?

RYSE and JFLX 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.

Which ETF is better, RYSE or JFLX?

On fees, JFLX is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RYSE or JFLX?

JFLX is cheaper with a 0.45% expense ratio, compared with 0.85% for RYSE.

Which ETF pays a higher dividend yield, RYSE or JFLX?

JFLX has the higher dividend yield at 3.27%, compared with 1.37% for RYSE.

What is the main difference between RYSE and JFLX?

They also come from different issuers: Vest and JPMorgan. Their fees differ too: 0.85% for RYSE and 0.45% for JFLX.