Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
JPMorgan Flexible Income ETF
$52.94−0.04 (−0.07%)
- 0.51%
- $48M
- +14.8%
- 8.02%
- 0M sh
- $52.82
- low $49.03high $54.99
The ETF.net JFLI Grade
C
Score 47 out of 100
- 10 of 15
Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B57 out of 100Rank 7 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.C42 out of 100Rank 10 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 6 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 14 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D39 out of 100Rank 10 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 9 of 15
Our read on JFLI
CJ.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.
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
- 0.35% expense ratio against a 0.78% median for allocation funds, and a hair under top-rated income peer INCM at 0.38%.
- Genuinely flexible mandate: income-producing debt and equity worldwide, actively reallocated, spread across roughly 600 positions.am.jpmorgan.com
- Pays monthly, with a stated annual yield target of about 6% (a target the manager aims at, not a promise).am.jpmorgan.com
- Standard 1940 Act ETF wrapper: no K-1, no commodity-pool paperwork, ordinary brokerage access.
Worth knowing
- Launched in 2025, so there is little history behind the manager's allocation calls.
- Small and thinly traded, which can mean wider spreads than the giants of the allocation aisle.
- Income this high comes from credit and equity exposure, so it can behave more like a balanced fund than a bond fund.
JFLI Holdings
- Other
- 629
- 63%
- BBHY
Sectors
- Technology30.7%
- Financials11.0%
- Communication9.1%
- Consumer Discretionary8.0%
- Industrials7.9%
- Health Care7.7%
- Consumer Staples7.3%
- Energy5.8%
- Utilities5.7%
- Real Estate3.9%
- Materials3.0%
Geography
- United States84.55%
- United Kingdom2.12%
- Japan1.95%
- Canada1.85%
- France1.43%
- Netherlands0.99%
- Germany0.91%
- Ireland0.79%
- 5.39%
JFLI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
JFLI$11,479
Returns run to the Oct 12, 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.
| Period | JFLI |
|---|---|
| Year to date | +10.0% |
| 1 month | −0.2% |
| 3 months | +0.1% |
| 1 year | +14.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JFLI |
|---|---|---|
| 2026 YTD | +10.0% | |
| 2025 | +10.4% |
JFLI in the news
JFLI Dividends
- 8.02%
- $4.25
- $0.30 per share
- Monthly
Distribution history
JFLI Risk
- 8.6%
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.
- 1.03
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.
- −12.8%
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.
- 0.58
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
0.51%
JFLI0.51%
- The middle half of Multi-Asset Income funds
- Median 0.65%
6 of the 15 Multi-Asset Income funds charge less.
Other funds in Multi-Asset Income
- CHNDLStrategy Shares Nasdaq 7HANDL Index ETFExpense ratio 0.95%1 year return +6.6%
- CFTHBFIS Faith Income ETFExpense ratio 0.65%1 year return —
- CDINESimplify Tax Aware Diversified Income Strategy ETFExpense ratio 0.25%1 year return —
- DYFYAYields for You Income Strategy A ETFExpense ratio 1.16%1 year return +3.3%
- DHIPSGraniteShares HIPS US High Income ETFExpense ratio 1.17%1 year return +3.0%