- Issuer
- JPMorgan
- Inception Date
- Mar 10, 2021
- Region
- Emerging Markets (Broad)
- Category
- Emerging Markets Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Assets Under Management
- $2B
Share Price Chart
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Performance
JEMA Performance Chart
JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) is up 31.4% since the beginning of the year. JEMA is currently trading at $64 per share. Investors who bought $1,000 worth of JEMA shares 5 years ago would now be looking at an investment worth $1,416.
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Returns By Period
JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) has returned 31.42% so far this year and 63.06% over the past 12 months.
JPMorgan ActiveBuilders Emerging Markets Equity ETF
- 1D
- -1.10%
- 1M
- 9.00%
- YTD
- 31.42%
- 6M
- 33.11%
- 1Y
- 63.06%
- 3Y*
- 24.84%
- 5Y*
- 7.20%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
JEMA Monthly Returns History
Based on dividend-adjusted daily data since Mar 11, 2021, JEMA's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +15.6%, while the worst month was Sep 2022 at -10.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, JEMA closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.1%, while the worst single day was Apr 4, 2025 at -6.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.59% | 7.16% | -8.75% | 13.26% | 7.48% | 1.67% | 31.42% | ||||||
| 2025 | 1.60% | 0.37% | 0.29% | 0.31% | 4.92% | 6.90% | 0.58% | 3.28% | 6.33% | 4.72% | -0.49% | 1.84% | 34.89% |
| 2024 | -6.04% | 5.43% | 2.06% | -0.27% | 1.29% | 3.12% | 0.48% | 0.73% | 5.05% | -2.96% | -2.18% | -0.58% | 5.68% |
| 2023 | 9.61% | -5.90% | 3.34% | -1.30% | -2.52% | 4.42% | 5.60% | -7.18% | -3.28% | -3.13% | 7.03% | 4.33% | 9.82% |
| 2022 | -1.85% | -6.28% | -3.95% | -7.17% | 1.41% | -5.60% | -0.90% | -1.41% | -10.78% | -2.23% | 15.57% | -2.99% | -24.98% |
| 2021 | -1.87% | 1.68% | 2.50% | 0.72% | -5.54% | 1.69% | -3.87% | 1.97% | -4.00% | 2.26% | -4.78% |
Benchmark Metrics
JPMorgan ActiveBuilders Emerging Markets Equity ETF has an annualized alpha of -1.57%, beta of 0.77, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since March 12, 2021.
- This ETF participated in 81.33% of S&P 500 Index downside but only 64.86% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.47 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -1.57%
- Beta
- 0.77
- R²
- 0.47
- Upside Capture
- 64.86%
- Downside Capture
- 81.33%
Expense Ratio
JEMA has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JEMA ranks 88 for risk / return — in the top 88% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) and compare them to S&P 500 Index.
| JEMA | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.14 | 2.24 | +0.90 |
Sortino ratioReturn per unit of downside risk | 3.92 | 3.07 | +0.85 |
Omega ratioGain probability vs. loss probability | 1.56 | 1.41 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 4.84 | 2.93 | +1.91 |
Martin ratioReturn relative to average drawdown | 19.80 | 13.52 | +6.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
JPMorgan ActiveBuilders Emerging Markets Equity ETF provided a 2.23% dividend yield over the last twelve months, with an annual payout of $1.43 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $1.43 | $1.43 | $0.91 | $1.07 | $0.91 | $0.72 |
Dividend yield | 2.23% | 2.93% | 2.44% | 2.95% | 2.69% | 1.54% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan ActiveBuilders Emerging Markets Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.43 | $1.43 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 | $1.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
| 2021 | $0.72 | $0.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan ActiveBuilders Emerging Markets Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan ActiveBuilders Emerging Markets Equity ETF was 39.50%, occurring on Oct 24, 2022. Recovery took 724 trading sessions.
The current JPMorgan ActiveBuilders Emerging Markets Equity ETF drawdown is 1.10%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -39.50%Oct 2022 | 1y 4mo | 2y 10mo | 4y 3moJun 2021 - Sep 2025 |
2026 correction2026 | -13.11%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
2026 pullback2026 | -5.56%May 2026 | 7d | 7d | 14dMay 2026 - May 2026 |
2021 pullback2021 | -5.56%May 2021 | 14d | 13d | 27dApr 2021 - May 2021 |
2021 pullback2021 | -5.32%Mar 2021 | 12d | 13d | 25dMar 2021 - Apr 2021 |
Drawdown Indicators
| JEMA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.50% | -56.78% | +17.28% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | -9.10% | -4.01% |
Max Drawdown (3Y)Largest decline over 3 years | -18.11% | -18.90% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -39.45% | -25.43% | -14.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.10% | -0.74% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -17.04% | -10.72% | -6.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 1.97% | +1.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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