TFFI vs. JPFP

Last updated Jul 17, 2026

TFFI (Chesapeake Trend-Following Fixed Income ETF) and JPFP (JPMorgan Managed Futures Plus ETF) are both exchange-traded funds - TFFI is a Actively Managed fund actively managed by Chesapeake, while JPFP is a Systematic Trend fund actively managed by JPMorgan. Both are actively managed. At a correlation of -0.02, they often move in opposite directions. TFFI charges 1.01%/yr vs 0.59%/yr for JPFP.

Performance

TFFI vs. JPFP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chesapeake Trend-Following Fixed Income ETF (TFFI) and JPMorgan Managed Futures Plus ETF (JPFP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TFFI

• 1D: 0.21%
• 1M: 1.17%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPFP

• 1D: -1.01%
• 1M: -1.32%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TFFI vs. JPFP - Yearly Performance Comparison

	2026 (YTD)
TFFI Chesapeake Trend-Following Fixed Income ETF	0.56%
JPFP JPMorgan Managed Futures Plus ETF	-1.76%

Correlation

The correlation between TFFI and JPFP is -0.02, 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 May 28, 2026	-0.02

Return for Risk

TFFI vs. JPFP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chesapeake Trend-Following Fixed Income ETF (TFFI) 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.

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.

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

Drawdowns

TFFI vs. JPFP - Drawdown Comparison

The maximum TFFI drawdown since its inception was -4.23%, smaller than the maximum JPFP drawdown of -6.04%. Use the drawdown chart below to compare losses from any high point for TFFI and JPFP.

Drawdown Indicators

	TFFI	JPFP	Difference
Max Drawdown Largest peak-to-trough decline	-4.23%	-6.04%	+1.81%
Current Drawdown Current decline from peak	-1.83%	-3.54%	+1.71%
Average Drawdown Average peak-to-trough decline	-1.66%	-3.15%	+1.49%

Volatility

Volatility by Period

	TFFI	JPFP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.92%	19.27%	-11.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.92%	19.27%	-11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.92%	19.27%	-11.35%

TFFI vs. JPFP - Expense Ratio Comparison

TFFI has a 1.01% expense ratio, which is higher than JPFP's 0.59% expense ratio.

Dividends

TFFI vs. JPFP - Dividend Comparison

Neither TFFI nor JPFP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TFFI and JPFP in my portfolio?

TFFI and JPFP have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TFFI or JPFP?

On fees, JPFP is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TFFI or JPFP?

JPFP is cheaper with a 0.59% expense ratio, compared with 1.01% for TFFI.

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

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

What is the main difference between TFFI and JPFP?

TFFI is categorized as Actively Managed, while JPFP is Systematic Trend. They also come from different issuers: Chesapeake and JPMorgan. Their fees differ too: 1.01% for TFFI and 0.59% for JPFP.