SDVD vs. JMMF

Last updated Jun 4, 2026

SDVD (FT Vest SMID Rising Dividend Achievers Target Income ETF) and JMMF (JPMorgan 100% U.S. Treasury Securities Money Market ETF) are both exchange-traded funds - SDVD is a Derivative Income fund tracking the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, while JMMF is a Money Market fund actively managed by JPMorgan. SDVD is passively managed, while JMMF is actively managed. At a correlation of -0.06, they often move in opposite directions. SDVD charges 0.85%/yr vs 0.16%/yr for JMMF.

Performance

SDVD vs. JMMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDVD achieves a 7.75% return, which is significantly higher than JMMF's 1.43% return.

SDVD

• 1D: -0.22%
• 1M: -1.53%
• YTD: 7.75%
• 6M: 8.14%
• 1Y: 19.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JMMF

• 1D: 0.01%
• 1M: 0.29%
• YTD: 1.43%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDVD vs. JMMF - Yearly Performance Comparison

	2026 (YTD)	2025
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	7.75%	-2.41%
JMMF JPMorgan 100% U.S. Treasury Securities Money Market ETF	1.43%	0.17%

Correlation

The correlation between SDVD and JMMF is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	-0.06

Return for Risk

SDVD vs. JMMF — Risk / Return Rank

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

SDVD

SDVD Risk / Return Rank: 43
SDVD Sharpe Ratio Rank: 39
SDVD Sortino Ratio Rank: 43
SDVD Omega Ratio Rank: 38
SDVD Calmar Ratio Rank: 47
SDVD Martin Ratio Rank: 47

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.

SDVD vs. JMMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF). 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.

	SDVD	JMMF	Difference
Sharpe ratio Return per unit of total volatility	1.38	—	—
Sortino ratio Return per unit of downside risk	2.13	—	—
Omega ratio Gain probability vs. loss probability	1.25	—	—
Calmar ratio Return relative to maximum drawdown	2.25	—	—
Martin ratio Return relative to average drawdown	7.65	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SDVD	JMMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	6.43	-5.66

Drawdowns

SDVD vs. JMMF - Drawdown Comparison

The maximum SDVD drawdown since its inception was -24.17%, which is greater than JMMF's maximum drawdown of -0.14%. Use the drawdown chart below to compare losses from any high point for SDVD and JMMF.

Drawdown Indicators

	SDVD	JMMF	Difference
Max Drawdown Largest peak-to-trough decline	-24.17%	-0.14%	-24.03%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	—	—
Current Drawdown Current decline from peak	-3.31%	0.00%	-3.31%
Average Drawdown Average peak-to-trough decline	-4.86%	-0.01%	-4.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	SDVD	JMMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	0.54%	+13.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.19%	0.54%	+17.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	0.54%	+17.65%

SDVD vs. JMMF - Expense Ratio Comparison

SDVD has a 0.85% expense ratio, which is higher than JMMF's 0.16% expense ratio.

Dividends

SDVD vs. JMMF - Dividend Comparison

SDVD's dividend yield for the trailing twelve months is around 8.95%, more than JMMF's 1.59% yield.

Position	TTM	2025	2024	2023
JMMF JPMorgan 100% U.S. Treasury Securities Money Market ETF	1.59%	0.20%	0.00%	0.00%
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	8.95%	8.36%	9.26%	3.18%

Frequently Asked Questions

Can I hold both SDVD and JMMF in my portfolio?

SDVD and JMMF have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SDVD or JMMF?

On fees, JMMF is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDVD or JMMF?

JMMF is cheaper with a 0.16% expense ratio, compared with 0.85% for SDVD.

Which ETF pays a higher dividend yield, SDVD or JMMF?

SDVD has the higher dividend yield at 8.95%, compared with 1.59% for JMMF.

What is the main difference between SDVD and JMMF?

SDVD is categorized as Derivative Income, while JMMF is Money Market. They also come from different issuers: First Trust and JPMorgan. Their fees differ too: 0.85% for SDVD and 0.16% for JMMF.