SDMF vs. JPFP

Last updated Jun 3, 2026

SDMF (Simplify DBi CTA Managed Futures Index ETF) and JPFP (JPMorgan Managed Futures Plus ETF) are both Systematic Trend funds. SDMF is passively managed, while JPFP is actively managed. At a correlation of -0.50, they often move in opposite directions. SDMF charges 0.35%/yr vs 0.59%/yr for JPFP.

Performance

SDMF vs. JPFP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify DBi CTA Managed Futures Index ETF (SDMF) and JPMorgan Managed Futures Plus ETF (JPFP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SDMF

• 1D: 0.00%
• 1M: 2.56%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPFP

• 1D: 0.68%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDMF vs. JPFP - Yearly Performance Comparison

	2026 (YTD)
SDMF Simplify DBi CTA Managed Futures Index ETF	1.15%
JPFP JPMorgan Managed Futures Plus ETF	1.85%

Correlation

The correlation between SDMF and JPFP is -0.50, 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 May 29, 2026	-0.50

Return for Risk

SDMF vs. JPFP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify DBi CTA Managed Futures Index ETF (SDMF) and JPMorgan Managed Futures Plus ETF (JPFP). 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.

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

Sharpe Ratios by Period

	SDMF	JPFP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	113.67	-112.76

Drawdowns

SDMF vs. JPFP - Drawdown Comparison

The maximum SDMF drawdown since its inception was -6.23%, which is greater than JPFP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SDMF and JPFP.

Drawdown Indicators

	SDMF	JPFP	Difference
Max Drawdown Largest peak-to-trough decline	-6.23%	0.00%	-6.23%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.29%	0.00%	-2.29%

Volatility

Volatility by Period

	SDMF	JPFP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.36%	3.95%	+9.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.36%	3.95%	+9.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.36%	3.95%	+9.41%

SDMF vs. JPFP - Expense Ratio Comparison

SDMF has a 0.35% expense ratio, which is lower than JPFP's 0.59% expense ratio.

Dividends

SDMF vs. JPFP - Dividend Comparison

Neither SDMF nor JPFP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SDMF and JPFP in my portfolio?

SDMF and JPFP have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SDMF or JPFP?

On fees, SDMF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDMF or JPFP?

SDMF is cheaper with a 0.35% expense ratio, compared with 0.59% for JPFP.

Which ETF pays a higher dividend yield, SDMF or JPFP?

SDMF and JPFP have nearly identical dividend yields, around 0.00%.

What is the main difference between SDMF and JPFP?

They also come from different issuers: Simplify and JPMorgan. Their fees differ too: 0.35% for SDMF and 0.59% for JPFP.