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JFLI

GradeBNew York Stock Exchange Arca

JPMorgan Flexible Income ETF

Multi-Asset & Alternatives · J.P. Morgan · Inception 2025-02-12

$53.24−0.41 (−0.76%)

As of Sep 23, 2026, 2:46 PM EDT

History starts Feb 14, 2025.
Intraday session: down, 14 prints from 53.65 to 53.24. Range 53.20 to 53.73. Use the arrow keys to read each point.$53.40$53.6010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$48M
1Y return
+14.2%
Yield · Last 12 months
7.93%
Holdings
614
Volume · 30D
0M sh
NAV per share
$53.63
52W range
low $49.03high $54.99

The ETF.net JFLI Grade

B

55/ 100

Rank 8 of 15 in Multi-Asset Income

Confidence High

Six-pillar profile for JFLI. Scores out of 100: Cost 86, Risk 48, Mission 42, Tradability 36, Holdings 40, Durability 54. Strongest: Cost (86). Weakest: Tradability (36). Leans toward Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 86
    Category rank3/15 · top 20%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 42
    Category rank10/11 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank9/15 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 36
    Category rank11/15 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 40
    Category rank10/13 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank9/15 · mid-pack

Graded as of Sep 22, 2026

Our read on JFLI

ETF.net Research

BJ.P. Morgan's go-anywhere income fund: one ticket that roams global bonds and dividend payers, with an active manager steering the mix and a monthly payout. Priced at well under half the typical allocation fund.

Stated mandate

The ETF seeks to maximize income while retaining potential for capital appreciation. It flexibly invests across income-producing debt and equity securities globally and actively allocates assets.

Why people hold it

  1. 010.35% expense ratio against a 0.78% median for allocation funds, and a hair under top-rated income peer INCM at 0.38%.
  2. 02Genuinely flexible mandate: income-producing debt and equity worldwide, actively reallocated, spread across roughly 600 positions.am.jpmorgan.com
  3. 03Pays monthly, with a stated annual yield target of about 6% (a target the manager aims at, not a promise).am.jpmorgan.com
  4. 04Standard 1940 Act ETF wrapper: no K-1, no commodity-pool paperwork, ordinary brokerage access.

Worth knowing

  1. 01Launched in 2025, so there is little history behind the manager's allocation calls.
  2. 02Small and thinly traded, which can mean wider spreads than the giants of the allocation aisle.
  3. 03Income this high comes from credit and equity exposure, so it can behave more like a balanced fund than a bond fund.

JFLI Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Other
Holdings
614
Top-10 weight
65%
Largest holding
BBHY31.7%

Sectors

  • Technology28.5%
  • Financials11.5%
  • Communication9.1%
  • Consumer Discr.8.6%
  • Health Care7.9%
  • Industrials7.8%
  • Cons. Staples7.6%
  • Energy5.9%
  • Utilities5.8%
  • Real Estate4.1%
  • Materials3.1%

Geography

  • United States84.33%
  • United Kingdom2.19%
  • Canada1.91%
  • Japan1.86%
  • France1.48%
  • Netherlands0.96%
  • Germany0.93%
  • Italy0.80%
  • Other countries (23)5.53%
The fund’s holdings, weight-ordered — page 1 of 42.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001BBHYJPMORGAN BETABUILDERS31.68%335,269$15M3
002JEPQJPMORGAN NASDAQ EQUITY20.34%161,302$10M3
003JEPIJPMORGAN EQUITY PREMIUM4.19%35,627$2M4
004JPMORGAN PRIME MONEY3.29%1,572,720$2M38
005JPIEJPMORGAN INCOME ETF ETP1.82%19,257$872K2
006UNITED 4.125% 01/271.36%652,000$652K7
007MSFTMICROSOFT CORP COMMON0.76%733$362K792
008USD - FOR FUTURES0.49%235,052$235K32
009NVDANVIDIA CORP COMMON STOCK0.41%891$198K828
010ASML.ASASML HOLDING NV COMMON0.35%100$169K194
011AMD UW EQUITY0.34%291$162K1
012AVGO UW EQUITY0.33%445$158K1
0132330.TWTAIWAN SEMICONDUCTOR0.33%2,000$156K175
014ABBVABBVIE INC COMMON STOCK0.30%549$145K511
015ENGIE SA COMMON STOCK0.30%5,125$142K9

Showing 1–15 of 628 holdings

JFLI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

JFLI$11,424
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. JFLI $11,424. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for JFLI. Periods over one year show the average yearly return.
PeriodJFLI
Year to date+10.8%
1 month−0.5%
3 months+0.3%
1 year+14.2%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JFLI
YearReturn barJFLI
2026 YTD+10.8%
2025+10.4%

History from Feb 14, 2025

JFLI in the news

ETF.net Research hasn’t filed on JFLI yet — coverage lands here as it’s written.

JFLI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
7.93%Last 12 months
Payout per share
$4.25Last 12 months
Last payment
$0.32 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 19 payments from 2025 to 2026 YTD. Apr 4, 2025 $0.34; May 6, 2025 $0.33; Jun 5, 2025 $0.33; Jul 7, 2025 $0.31; Aug 6, 2025 $0.30; Sep 5, 2025 $0.30; Oct 6, 2025 $0.30; Nov 6, 2025 $0.29; Dec 4, 2025 $0.26; Dec 15, 2025 $0.66; Dec 31, 2025 $0.33; Feb 5, 2026 $0.24; Mar 5, 2026 $0.27; Apr 7, 2026 $0.32; May 6, 2026 $0.31; Jun 4, 2026 $0.32; Jul 7, 2026 $0.31; Aug 6, 2026 $0.32; Sep 4, 2026 $0.32. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 4, 2026Sep 9, 2026$0.32
Aug 6, 2026Aug 10, 2026$0.32
Jul 7, 2026Jul 9, 2026$0.31
Jun 4, 2026Jun 8, 2026$0.32
May 6, 2026May 8, 2026$0.31
Apr 7, 2026Apr 9, 2026$0.32
Mar 5, 2026Mar 9, 2026$0.27
Feb 5, 2026Feb 9, 2026$0.24
Dec 31, 2025Jan 5, 2026$0.33
Dec 15, 2025Dec 17, 2025$0.66
Dec 4, 2025Dec 8, 2025$0.26
Nov 6, 2025Nov 10, 2025$0.29

JFLI Risk

How much the fund’s monthly returns vary, scaled to a year.
8.5%
Annualised · 18 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.23
vs 3-month T-bills · 18 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−12.8%
19 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.57
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

JFLI Cost

Expense ratio0.35%
  • The middle half of Multi-Asset Income funds
  • Median 0.65%

2 of the 15 Multi-Asset Income funds charge less.

JFLI costs $35.00 a year on $10,000. The median Multi-Asset Income fund costs $65.00.