SYFI vs. JPIE

Last updated Jun 3, 2026

SYFI (AB Short Duration High Yield ETF) and JPIE (JPMorgan Income ETF) are both exchange-traded funds - SYFI is a High Yield Bonds fund actively managed by AllianceBernstein, while JPIE is a Multisector Bonds fund actively managed by JPMorgan. Both are actively managed. Over the past year, SYFI returned 6.99% vs 6.01% for JPIE. A 0.52 correlation means they provide meaningful diversification when combined. SYFI charges 0.40%/yr vs 0.41%/yr for JPIE.

Performance

SYFI vs. JPIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Short Duration High Yield ETF (SYFI) and JPMorgan Income ETF (JPIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYFI achieves a 1.80% return, which is significantly higher than JPIE's 1.56% return.

SYFI

• 1D: 0.06%
• 1M: 0.27%
• YTD: 1.80%
• 6M: 2.44%
• 1Y: 6.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPIE

• 1D: 0.04%
• 1M: 0.37%
• YTD: 1.56%
• 6M: 2.05%
• 1Y: 6.01%
• 3Y*: 6.48%
• 5Y*: —
• 10Y*: —

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

SYFI vs. JPIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SYFI AB Short Duration High Yield ETF	1.80%	7.19%	4.97%
JPIE JPMorgan Income ETF	1.56%	7.39%	4.49%

Correlation

The correlation between SYFI and JPIE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jun 11, 2024	0.52

The correlation between SYFI and JPIE shifts across timeframes, from 0.52 (all time) to 0.63 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SYFI vs. JPIE — Risk / Return Rank

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

SYFI

SYFI Risk / Return Rank: 72
SYFI Sharpe Ratio Rank: 65
SYFI Sortino Ratio Rank: 73
SYFI Omega Ratio Rank: 71
SYFI Calmar Ratio Rank: 70
SYFI Martin Ratio Rank: 81

JPIE

JPIE Risk / Return Rank: 94
JPIE Sharpe Ratio Rank: 95
JPIE Sortino Ratio Rank: 97
JPIE Omega Ratio Rank: 97
JPIE Calmar Ratio Rank: 89
JPIE Martin Ratio Rank: 94

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.

SYFI vs. JPIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Short Duration High Yield ETF (SYFI) and JPMorgan Income ETF (JPIE). 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.

	SYFI	JPIE	Difference
Sharpe ratio Return per unit of total volatility	2.21	3.81	-1.61
Sortino ratio Return per unit of downside risk	3.35	6.03	-2.68
Omega ratio Gain probability vs. loss probability	1.44	1.87	-0.43
Calmar ratio Return relative to maximum drawdown	3.57	5.27	-1.69
Martin ratio Return relative to average drawdown	16.46	26.12	-9.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SYFI vs. JPIE - Sharpe Ratio Comparison

The current SYFI Sharpe Ratio is 2.21, which is lower than the JPIE Sharpe Ratio of 3.81. The chart below compares the historical Sharpe Ratios of SYFI and JPIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SYFI	JPIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	3.81	-1.61
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	0.99	+0.70

Drawdowns

SYFI vs. JPIE - Drawdown Comparison

The maximum SYFI drawdown since its inception was -4.49%, smaller than the maximum JPIE drawdown of -9.96%. Use the drawdown chart below to compare losses from any high point for SYFI and JPIE.

Drawdown Indicators

	SYFI	JPIE	Difference
Max Drawdown Largest peak-to-trough decline	-4.49%	-9.96%	+5.47%
Max Drawdown (1Y) Largest decline over 1 year	-1.94%	-1.15%	-0.79%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.40%	—
Current Drawdown Current decline from peak	-0.04%	0.00%	-0.04%
Average Drawdown Average peak-to-trough decline	-0.35%	-2.10%	+1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.42%	0.23%	+0.19%

Volatility

SYFI vs. JPIE - Volatility Comparison

AB Short Duration High Yield ETF (SYFI) has a higher volatility of 0.89% compared to JPMorgan Income ETF (JPIE) at 0.60%. This indicates that SYFI's price experiences larger fluctuations and is considered to be riskier than JPIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYFI	JPIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.89%	0.60%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	2.41%	1.27%	+1.14%
Volatility (1Y) Calculated over the trailing 1-year period	3.18%	1.58%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.23%	3.53%	+0.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.23%	3.53%	+0.70%

SYFI vs. JPIE - Expense Ratio Comparison

SYFI has a 0.40% expense ratio, which is lower than JPIE's 0.41% expense ratio.

Dividends

SYFI vs. JPIE - Dividend Comparison

SYFI's dividend yield for the trailing twelve months is around 6.11%, more than JPIE's 5.61% yield.

Position	TTM	2025	2024	2023	2022	2021
JPIE JPMorgan Income ETF	5.61%	5.65%	6.11%	5.70%	4.49%	0.63%
SYFI AB Short Duration High Yield ETF	6.11%	6.20%	3.26%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SYFI and JPIE in my portfolio?

SYFI and JPIE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SYFI or JPIE?

SYFI has higher volatility (0.89%) compared to JPIE (0.60%). In terms of maximum drawdown, SYFI dropped -4.49% vs JPIE's -9.96%.

Which ETF is better, SYFI or JPIE?

On 1-year performance, SYFI leads with 6.99% vs 6.01% for JPIE. On fees, SYFI is cheaper at 0.40% per year. On volatility, JPIE has been the lower-risk option at 0.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SYFI or JPIE?

Over the 1-year period, SYFI has performed better with a 6.99% return vs 6.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SYFI or JPIE?

SYFI is cheaper with a 0.40% expense ratio, compared with 0.41% for JPIE.

Which ETF pays a higher dividend yield, SYFI or JPIE?

SYFI has the higher dividend yield at 6.11%, compared with 5.61% for JPIE.

What is the main difference between SYFI and JPIE?

SYFI is categorized as High Yield Bonds, while JPIE is Multisector Bonds. They also come from different issuers: AllianceBernstein and JPMorgan. Their fees differ too: 0.40% for SYFI and 0.41% for JPIE.

Which has better risk-adjusted returns?

JPIE currently has the higher Sharpe Ratio (3.81 vs 2.21), 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.