JFLX vs SPY

Quick Verdict

SPY has a lower expense ratio. JFLX offers more diversification with 790 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: JFLX

Side-by-Side Comparison

MetricJFLXSPYWinner
Expense Ratio0.45%0.09%
AUM$1.4B$789.1B
Dividend Yield0.00%1.01%
Holdings790505
YTD Return+1.71%+9.93%
1Y Return-+19.50%
3Y Return (annualized)-+19.33%
5Y Return (annualized)-+12.82%
Volatility (annualized)-15.3%
Max Drawdown-2.4%-56.5%
Fund FamilyJ.P. Morgan Asset ManagementState Street Investment Management
CategoryFixed IncomeEquity
InceptionSep 26, 2025Jan 22, 1993

JFLX vs SPY Performance

JPMorgan Flexible Debt ETF (JFLX) is a ETF from J.P. Morgan Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, JFLX is up 1.71% versus a gain of 9.93% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -2.4% for JFLX and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

JFLX charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, JFLX currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

JFLX and SPY share 1 holdings out of 1292 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in JFLXWeight in SPYDifference
TKO0.02%0.02%0.00%

Frequently Asked Questions

Which is cheaper, JFLX or SPY?

JFLX has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $36 per year of difference.

What is the holdings overlap between JFLX and SPY?

JFLX and SPY share 1 common holdings with a 0.0% weight overlap. Combined, they hold 1292 unique securities.

Which pays a higher dividend, JFLX or SPY?

JFLX yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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