JFLI vs QQQ
JPMorgan Flexible Income ETF vs Invesco QQQ Trust, Series 1
Which is better, JFLI or QQQ?
Allocation/Balanced against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 62.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JFLI | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $48M | $506.1B |
| Dividend Yield | 7.44% | 0.42% |
| Holdings | 587 | 321 |
| YTD Return | +8.03% | +19.30%Best |
| 1Y Return | +11.85% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 8.5%Best | 19.9% |
| Max Drawdown | -12.9%Best | -22.8% |
| $10,000 over 1.7 years | $11,981 | $13,810Best |
| Top 10 Weight | 62.1% | 46.7%Best |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Growth |
| Inception | Feb 12, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Feb 13, 2025 to Oct 14, 2026 (1.7 years).
JFLI vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
JFLI vs QQQ Performance
JPMorgan Flexible Income ETF (JFLI) is an ETF from J.P. Morgan Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JFLI returned +11.85% while QQQ returned +22.47%. Year to date, JFLI is up 8.03% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 8.5% for JFLI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.9% for JFLI and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JFLI charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, JFLI currently yields 7.44% against 0.42% for QQQ.
Holdings Overlap
6.3% of JFLI's money is in holdings QQQ also owns. 53.9% of QQQ's money is in holdings JFLI also owns.
The two portfolios partly overlap.
46 positions in common, counted across the 571 positions we hold weights for in JFLI and 101 in QQQ, against full books of 587 and 321.
What only one of them owns
Our book lists 48 positions for QQQ that do not appear in our book for JFLI (43.1% of the fund), and 183 for JFLI that do not appear in QQQ (77.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in JFLI | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.40% | 8.33% | 7.93% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.76% | 5.76% | 5.00% |
| AMDAdvanced Micro Devices Inc. | 0.31% | 4.17% | 3.86% |
| AMZNAmazon.Com Inc | 0.13% | 4.07% | 3.94% |
| GOOGLAlphabet Inc-cl A | 0.19% | 3.05% | 2.86% |
| TSLATesla Motors Inc | 0.12% | 2.82% | 2.70% |
| AVGOBroadcom Inc | 0.07% | 2.53% | 2.46% |
| LRCXLam Research Corp | 0.22% | 1.72% | 1.50% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.11% | 1.77% | 1.66% |
| AMATApplied Materials, Inc. | 0.17% | 1.70% | 1.53% |
53.9% of QQQ is already inside JFLI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JFLI or QQQ?
JFLI has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, JFLI or QQQ?
Over the past year JFLI returned +11.85% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), JFLI annualized +11.22% vs +20.91% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JFLI or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 8.5% for JFLI. Worst drawdown: JFLI -12.9% vs QQQ -22.8%.
Should I hold both JFLI and QQQ?
JFLI and QQQ have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JFLI and QQQ?
53.9% of QQQ's money is in holdings JFLI also owns. 53.9% of QQQ's is in holdings JFLI also owns. They hold 46 positions in common, counted across the 571 positions we hold weights for in JFLI and 101 in QQQ.
Which pays a higher dividend, JFLI or QQQ?
JFLI yields 7.44% while QQQ yields 0.42%, so JFLI currently pays the higher dividend yield.
Is QQQ better than JFLI?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 62.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.