FREL vs JFLX

Comparison between FIDELITY MSCI REAL ESTATE INDEX ETF (FREL, ETF) and JPMorgan Flexible Debt ETF (JFLX, ETF).

FREL vs JFLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FREL(ETF)	JFLX(ETF)
Net Assets	$1.30B	$1.30B
Expense Ratio	0.08%	0.45%
Max Drawdown	43.46%	2.76%
Sharpe Ratio	0.69	0.30
5Y Beta	0.54	0.13
P/E Ratio	33.38	N/A
Forward P/E	32.48	N/A
5Y Dividends CAGR	1.14%	N/A
5Y EPS CAGR	9.30%	N/A
Debt to Equity	4.49%	N/A
P/S Ratio	5.39	N/A
P/B Ratio	2.64	N/A

Net Assets

FREL

$1.30B

JFLX

$1.30B

Expense Ratio

Winner

FREL

0.08%

JFLX

0.45%

Max Drawdown

FREL

43.46%

Winner

JFLX

2.76%

Sharpe Ratio

Winner

FREL

0.69

JFLX

0.30

5Y Beta

FREL

0.54

Winner

JFLX

0.13

P/E Ratio

FREL

33.38

JFLX

N/A

Forward P/E

FREL

32.48

JFLX

N/A

5Y Dividends CAGR

FREL

1.14%

JFLX

N/A

5Y EPS CAGR

FREL

9.30%

JFLX

N/A

Debt to Equity

FREL

4.49%

JFLX

N/A

P/S Ratio

FREL

5.39

JFLX

N/A

P/B Ratio

FREL

2.64

JFLX

N/A

FREL vs JFLX - Historical Returns

Returns include dividend reinvestment.

Period	FREL	JFLX
1 month	+4.97%	+1.03%
3 months	+5.32%	+0.19%
6 months	+9.00%	+2.15%
1 year	+13.21%	N/A
5 years(CAGR)	+3.42%	N/A
10 years(CAGR)	+5.78%	N/A
Max(CAGR)	+5.41%	+4.46%

Winner

FREL

+4.97%

JFLX

+1.03%

Winner

FREL

+5.32%

JFLX

+0.19%

Winner

FREL

+9.00%

JFLX

+2.15%

FREL

+13.21%

JFLX

N/A

5Y(CAGR)

FREL

+3.42%

JFLX

N/A

10Y(CAGR)

FREL

+5.78%

JFLX

N/A

Max(CAGR)

Winner

FREL

+5.41%

JFLX

+4.46%

FREL vs JFLX - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	FREL	JFLX
2026	+10.17%	+1.30%
2025	+4.07%	+1.26%
2024	+4.10%	N/A
2023	+11.62%	N/A
2022	-25.63%	N/A
2021	+45.48%	N/A
2020	-3.56%	N/A
2019	+31.79%	N/A
2018	-4.08%	N/A
2017	+8.56%	N/A
2016	+9.36%	N/A
2015	-4.72%	N/A

FREL vs JFLX Drawdown Comparison

The maximum drawdown for FREL was -42.57%, occurring on Mar 23, 2020. Recovery took 293 trading sessions.

The maximum drawdown for JFLX was -2.36%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current FREL drawdown is -1.57%. The current JFLX drawdown is -0.19%.

Rank	FREL	JFLX
#1	-42.57% Feb 14, 2020 - Apr 15, 2021	-2.36% Feb 27, 2026 - Mar 27, 2026
#2	-34.37% Dec 31, 2021 - Oct 25, 2023	-0.56% Oct 28, 2025 - Nov 28, 2025
#3	-15.67% Feb 5, 2015 - Apr 1, 2016	-0.52% Oct 1, 2025 - Oct 15, 2025
#4	-14.14% Aug 1, 2016 - Sep 18, 2017	-0.38% Dec 3, 2025 - Dec 19, 2025
#5	-12.75% Dec 6, 2018 - Jan 30, 2019	-0.24% Jan 29, 2026 - Feb 6, 2026
#6	-12.43% Dec 18, 2017 - Jun 29, 2018	-0.21% Jan 13, 2026 - Jan 23, 2026
#7	-8.54% Aug 29, 2018 - Dec 6, 2018	-0.19% Nov 28, 2025 - Dec 2, 2025
#8	-7.53% Sep 3, 2021 - Oct 28, 2021	-0.16% Feb 17, 2026 - Feb 26, 2026
#9	-5.49% Nov 24, 2021 - Dec 7, 2021	-0.07% Dec 30, 2025 - Jan 2, 2026
#10	-5.47% Oct 21, 2019 - Jan 16, 2020	-0.06% Oct 20, 2025 - Oct 23, 2025
#11	-5.38% May 10, 2016 - Jun 23, 2016	-0.04% Feb 10, 2026 - Feb 13, 2026
#12	-5.11% Jun 20, 2019 - Jul 10, 2019	-0.02% Jan 5, 2026 - Jan 7, 2026
#13	-4.48% Apr 30, 2021 - May 26, 2021	-0.02% Jan 7, 2026 - Jan 9, 2026
#14	-4.10% Apr 12, 2019 - Jun 5, 2019	-0.02% Sep 29, 2025 - Oct 1, 2025
#15	-3.80% Jul 10, 2019 - Aug 8, 2019	-0.02% Dec 19, 2025 - Dec 23, 2025

Correlation

Correlation between FREL and JFLX is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2015 - 2026)

FREL vs JFLX dividend yield comparison.

Year	FREL	JFLX
2026	0.85%	1.65%
2025	3.59%	1.27%
2024	3.48%	0.00%
2023	3.73%	0.00%
2022	3.57%	0.00%
2021	2.34%	0.00%
2020	3.77%	0.00%
2019	3.32%	0.00%
2018	5.54%	0.00%
2017	3.27%	0.00%
2016	4.01%	0.00%
2015	3.80%	0.00%