Data as of Oct 28, 2026.
APCB vs JFLX: Differences, Returns & Fees
On Aug 31, 2026 APCB's duration was 4.1 years and JFLX's 3.2; APCB charges 0.36% to JFLX's 0.45%.
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Net assets: $1.0bn on Aug 31, 2026 for ActivePassive Core Bond ETF, and $1.7bn on Oct 28, 2026 for JPMorgan Flexible Debt ETF.
Pair scorecard
APCB costs 0.09 points a year less; their one-year returns differ by 3.1 points.
| Measure | APCB | JFLX |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.4% | +1.7% |
| Benchmark | ||
| What it tracks | No index, actively managed | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.36% | 0.45% |
| Net assets, APCB as of Aug 31, 2026 and JFLX as of Oct 28, 2026 | $1.0bn | $1.7bn |
| Holdings | ||
| Holdings in common | 2% | |
Holdings in common uses holdings dated Aug 31, 2026. Method
Risk and return
Oct 10, 2025 to Oct 23, 2026 · 54 weekly returns · each against AGGJFLX returned more: +2.6% to −0.9%. JFLX swung less: 2.8% to 3.4%. JFLX fell less at its worst: −2.4% to −4.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | APCB | JFLX | AGG | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | −0.9% | +2.6% | JFLX | Price change plus distributions, reinvested. | |
| Annualized | −0.9% | +2.5% | JFLX | Total return as a yearly rate. | |
| Price return | −4.9% | −2.0% | JFLX | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 3.4% | 2.8% | JFLX | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 2.9% | 2.2% | JFLX | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −4.4% | −2.4% | JFLX | Deepest fall from a high to the low after it. | |
| Upside capture | 83.5% | 75.7% | 100.0% | APCB (slight) | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 89.9% | 54.1% | 100.0% | JFLX | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.88 | 0.65 | 1.00 | JFLX lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.94 | 0.72 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | −1.36 | −0.44 | JFLX | Return above Treasury bills per unit of volatility. | |
| Sortino | −1.61 | −0.58 | JFLX | Return above Treasury bills per unit of downside deviation. | |
| Treynor | −0.052 | −0.019 | −0.042 | JFLX | Return above Treasury bills per unit of beta. |
| Calmar | −0.20 | 1.07 | JFLX | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | AGG | AGG | AGG | The ETF each fund is measured against. | |
| Alpha | −0.9% a year | +1.5% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.02 | 1.01 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −2.6% to +0.8% | −1.5% to +4.5% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.39 | 1.51 | JFLX | Return against its benchmark per unit of tracking error. | |
| Tracking error | 1.0% | 2.0% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 54 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, APCB and JFLX hold 2% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.
half
2% in common
Only in one fund ↓
Side by side
APCB and JFLX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
APCB and JFLX are built for the same job. How do they differ in cost, holdings and results?
- Holdings in common. 2% of the weight is in the same securities (holdings dated Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 APCB returned −1.4% and JFLX +1.7% with distributions reinvested, a gap of 3.1 points.
- What each follows (similar). Both follow No index, actively managed.
Data as of Oct 28, 2026.
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APCB
APCB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Total Return Index. The prospectus expense ratio is 0.36% a year.
JFLX
JFLX is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.45% a year.
Questions people ask
- Which returned more over the last year, APCB or JFLX?
- In the year to Oct 28, 2026, with distributions reinvested, APCB returned −1.4% and JFLX +1.7%.
- Which is cheaper, APCB or JFLX?
- APCB is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, APCB against JFLX, data as of Oct 28, 2026. https://etfiq.com/compare/any/apcb-vs-jflx
ETFIQ. (Oct 28, 2026). APCB against JFLX. Retrieved from https://etfiq.com/compare/any/apcb-vs-jflx
[APCB against JFLX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/apcb-vs-jflx)
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