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Issuer
JPMorgan
Inception Date
Dec 3, 2019
Category
Global Bonds
Leveraged
1x (No leverage)
Index Tracked
JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc)
Distribution Policy
Accumulating
Asset Class
Bond

Share Price Chart


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Performance

JMBA.L Performance Chart

JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) (JMBA.L) is up 1.6% since the beginning of the year. JMBA.L is currently trading at $119 per share. Investors who bought $1,000 worth of JMBA.L shares 5 years ago would now be looking at an investment worth $1,067.


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S&P 500 Index

Returns By Period

JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) (JMBA.L) has returned 1.60% so far this year and 9.48% over the past 12 months.


JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc)

1D
0.03%
1M
-0.86%
6M
1.96%
YTD
1.60%
1Y
9.48%
3Y*
7.23%
5Y*
1.31%
10Y*

Benchmark (S&P 500 Index)

1D
0.38%
1M
0.24%
6M
9.32%
YTD
10.62%
1Y
21.28%
3Y*
18.90%
5Y*
11.84%
10Y*
13.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JMBA.L Monthly Returns History

Based on dividend-adjusted daily data since Dec 3, 2019, JMBA.L's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2022 with a return of +7.5%, while the worst month was Mar 2020 at -13.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, JMBA.L closed higher 52% of trading days. The best single day was Mar 20, 2020 with a return of +7.8%, while the worst single day was Mar 12, 2020 at -8.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.13%1.60%-3.83%2.94%1.09%0.66%-0.60%1.60%
20251.13%1.95%-0.78%-0.43%1.10%2.32%1.21%1.82%2.00%1.51%0.21%0.52%13.26%
2024-1.22%-0.50%1.33%-2.37%2.06%0.62%1.93%2.45%1.78%-2.76%0.95%-2.07%2.01%
20232.72%-1.98%1.79%0.34%-1.45%1.91%1.96%-1.86%-2.94%-1.33%5.72%4.66%9.51%
2022-3.41%-5.81%-0.67%-5.22%-0.16%-6.46%5.39%-2.16%-5.91%0.32%7.51%0.19%-16.13%
2021-1.53%-3.20%-0.68%1.69%1.25%0.81%0.37%0.89%-2.25%0.72%-2.43%2.06%-2.45%

Benchmark Metrics

JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) has an annualized alpha of -0.48%, beta of 0.23, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since December 03, 2019.

  • This ETF participated in 62.09% of S&P 500 Index downside but only 34.83% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.23 may look defensive, but with R2 of 0.19 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.19 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-0.48%
Beta
0.23
0.19
Upside Capture
34.83%
Downside Capture
62.09%

Expense Ratio

JMBA.L has an expense ratio of 0.39%, placing it in the medium range.


Return for Risk

Risk / Return Rank

JMBA.L ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


JMBA.L Risk / Return Rank: 6969
Overall Rank
JMBA.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
JMBA.L Sortino Ratio Rank: 8181
Sortino Ratio Rank
JMBA.L Omega Ratio Rank: 7676
Omega Ratio Rank
JMBA.L Calmar Ratio Rank: 5353
Calmar Ratio Rank
JMBA.L Martin Ratio Rank: 6464
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) (JMBA.L) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


JMBA.LBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.11

Sortino ratioReturn per unit of downside risk

+0.56

Omega ratioGain probability vs. loss probability

1.36

1.31

+0.05

Calmar ratioReturn relative to maximum drawdown

2.15

2.35

-0.20

Martin ratioReturn relative to average drawdown

9.04

10.19

-1.15

Dividends

Dividend History


JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) doesn't pay dividends

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 ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc). 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 ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) was 26.75%, occurring on Mar 19, 2020. Recovery took 176 trading sessions.

The current JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) drawdown is 0.86%.


Drawdown

Fall

Recovery

Underwater

Related event

-26.75%Mar 2020
1mo 18d8mo 13d
10mo 1dJan 2020 - Nov 2020
COVID crash2020
-26.05%Oct 2022
1y 9mo2y 10mo
4y 8moJan 2021 - Sep 2025
Bear market2022
-4.39%Mar 2026
1mo2mo 7d
3mo 7dFeb 2026 - Jun 2026
-0.99%Nov 2025
6d28d
1mo 4dOct 2025 - Dec 2025
-0.98%Jul 2026
22d
1moJun 2026 - now

Drawdown Indicators


JMBA.LBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-26.75%

-56.78%

+30.03%

Max Drawdown (1Y)

Largest decline over 1 year

-4.39%

-9.10%

+4.71%

Max Drawdown (3Y)

Largest decline over 3 years

-7.30%

-18.90%

+11.60%

Max Drawdown (5Y)

Largest decline over 5 years

-25.91%

-25.43%

-0.48%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.86%

-0.49%

-0.37%

Average Drawdown

Average peak-to-trough decline

-8.30%

-10.70%

+2.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.05%

2.09%

-1.04%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with JMBA.L

Add JPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF USD (acc) to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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