TFPN vs. JFLI

Last updated Jun 4, 2026

TFPN (Blueprint Chesapeake Multi-Asset Trend ETF) and JFLI (JPMorgan Flexible Income ETF) are both Global Allocation funds. Both are actively managed. Over the past year, TFPN returned 45.99% vs 21.09% for JFLI. A 0.56 correlation means they provide meaningful diversification when combined. TFPN charges 1.10%/yr vs 0.35%/yr for JFLI.

Performance

TFPN vs. JFLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and JPMorgan Flexible Income ETF (JFLI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TFPN achieves a 27.01% return, which is significantly higher than JFLI's 9.90% return.

TFPN

• 1D: 0.91%
• 1M: 5.79%
• YTD: 27.01%
• 6M: 28.49%
• 1Y: 45.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JFLI

• 1D: -0.32%
• 1M: 3.80%
• YTD: 9.90%
• 6M: 9.51%
• 1Y: 21.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TFPN vs. JFLI - Yearly Performance Comparison

	2026 (YTD)	2025
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	27.01%	4.13%
JFLI JPMorgan Flexible Income ETF	9.90%	9.49%

Correlation

The correlation between TFPN and JFLI is 0.56, 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	0.56
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025	0.56

The correlation between TFPN and JFLI has been stable across timeframes, ranging from 0.56 to 0.56 - a consistent structural relationship.

TFPN vs. JFLI - Sectors Allocation Comparison

Sectors	TFPN	JFLI
Industrials	29.8%	7.8%
Technology	17.9%	28.4%
Basic Materials	14.7%	3.1%
Energy	10.4%	5.0%
Healthcare	5.5%	7.2%
Consumer Cyclical	4.8%	9.3%
Financial Services	4.8%	10.4%
Consumer Defensive	4.3%	8.1%
Utilities	3.3%	6.5%
Communication Services	2.9%	9.8%
Real Estate	1.6%	4.6%

Return for Risk

TFPN vs. JFLI — Risk / Return Rank

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

TFPN

TFPN Risk / Return Rank: 91
TFPN Sharpe Ratio Rank: 92
TFPN Sortino Ratio Rank: 92
TFPN Omega Ratio Rank: 91
TFPN Calmar Ratio Rank: 92
TFPN Martin Ratio Rank: 91

JFLI

JFLI Risk / Return Rank: 76
JFLI Sharpe Ratio Rank: 77
JFLI Sortino Ratio Rank: 79
JFLI Omega Ratio Rank: 80
JFLI Calmar Ratio Rank: 64
JFLI Martin Ratio Rank: 79

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.

TFPN vs. JFLI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) and JPMorgan Flexible Income ETF (JFLI). 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.

	TFPN	JFLI	Difference
Sharpe ratio: Return per unit of total volatility	3.37	2.53	+0.85
Sortino ratio: Return per unit of downside risk	4.44	3.58	+0.86
Omega ratio: Gain probability vs. loss probability	1.60	1.48	+0.12
Calmar ratio: Return relative to maximum drawdown	6.19	3.17	+3.02
Martin ratio: Return relative to average drawdown	21.51	15.34	+6.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TFPN vs. JFLI - Sharpe Ratio Comparison

The current TFPN Sharpe Ratio is 3.37, which is higher than the JFLI Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of TFPN and JFLI, 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

	TFPN	JFLI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.37	2.53	+0.85
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	1.29	-0.46

Drawdowns

TFPN vs. JFLI - Drawdown Comparison

The maximum TFPN drawdown since its inception was -16.72%, which is greater than JFLI's maximum drawdown of -12.87%. Use the drawdown chart below to compare losses from any high point for TFPN and JFLI.

Drawdown Indicators

	TFPN	JFLI	Difference
Max Drawdown Largest peak-to-trough decline	-16.72%	-12.87%	-3.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.47%	-6.67%	-0.80%
Current Drawdown Current decline from peak	0.00%	-0.32%	+0.32%
Average Drawdown Average peak-to-trough decline	-4.89%	-1.44%	-3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	1.38%	+0.76%

Volatility

TFPN vs. JFLI - Volatility Comparison

Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) has a higher volatility of 4.55% compared to JPMorgan Flexible Income ETF (JFLI) at 2.35%. This indicates that TFPN's price experiences larger fluctuations and is considered to be riskier than JFLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TFPN	JFLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.55%	2.35%	+2.20%
Volatility (6M) Calculated over the trailing 6-month period	11.50%	6.93%	+4.57%
Volatility (1Y) Calculated over the trailing 1-year period	13.70%	8.39%	+5.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.53%	11.90%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.53%	11.90%	+0.63%

TFPN vs. JFLI - Expense Ratio Comparison

TFPN has a 1.10% expense ratio, which is higher than JFLI's 0.35% expense ratio.

Dividends

TFPN vs. JFLI - Dividend Comparison

TFPN has not paid dividends to shareholders, while JFLI's dividend yield for the trailing twelve months is around 7.18%.

Position	TTM	2025	2024	2023
JFLI JPMorgan Flexible Income ETF	7.18%	6.81%	0.00%	0.00%
TFPN Blueprint Chesapeake Multi-Asset Trend ETF	0.00%	0.00%	0.94%	0.98%

Frequently Asked Questions

Can I hold both TFPN and JFLI in my portfolio?

TFPN and JFLI have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TFPN or JFLI?

TFPN has higher volatility (4.55%) compared to JFLI (2.35%). In terms of maximum drawdown, TFPN dropped -16.72% vs JFLI's -12.87%.

Which ETF is better, TFPN or JFLI?

On 1-year performance, TFPN leads with 45.99% vs 21.09% for JFLI. On fees, JFLI is cheaper at 0.35% per year. On volatility, JFLI has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TFPN or JFLI?

Over the 1-year period, TFPN has performed better with a 45.99% return vs 21.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TFPN or JFLI?

JFLI is cheaper with a 0.35% expense ratio, compared with 1.10% for TFPN.

Which ETF pays a higher dividend yield, TFPN or JFLI?

JFLI has the higher dividend yield at 7.18%, compared with 0.00% for TFPN.

What is the main difference between TFPN and JFLI?

They also come from different issuers: Tidal ETFs and JPMorgan. Their fees differ too: 1.10% for TFPN and 0.35% for JFLI.

Which has better risk-adjusted returns?

TFPN currently has the higher Sharpe Ratio (3.37 vs 2.53), 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.