- ISIN
- US46641Q1186
- Issuer
- JPMorgan
- Inception Date
- Jul 31, 1998
- Region
- North America (U.S.)
- Category
- Small Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $3B
Share Price Chart
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Performance
JMEE Performance Chart
JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) is up 19.2% since the beginning of the year. JMEE is currently trading at $77 per share.
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Returns By Period
JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) has returned 19.17% so far this year and 34.53% over the past 12 months.
JPMorgan Small & Mid Cap Enhanced Equity ETF
- 1D
- 0.45%
- 1M
- 4.42%
- YTD
- 19.17%
- 6M
- 16.54%
- 1Y
- 34.53%
- 3Y*
- 18.12%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
JMEE Monthly Returns History
Based on dividend-adjusted daily data since May 9, 2022, JMEE's average daily return is +0.06%, while the average monthly return is +1.24%. At this rate, an investment would double in approximately 4.7 years.
Historically, 56% of months were positive and 44% were negative. The best month was Oct 2022 with a return of +11.6%, while the worst month was Jun 2022 at -9.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, JMEE closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.9%, while the worst single day was Apr 3, 2025 at -6.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.77% | 3.72% | -4.56% | 9.05% | 2.21% | 3.09% | 19.17% | ||||||
| 2025 | 3.39% | -5.23% | -5.52% | -2.98% | 5.30% | 3.53% | 1.32% | 4.67% | 1.02% | -0.28% | 2.72% | 0.19% | 7.65% |
| 2024 | -1.68% | 5.34% | 5.21% | -5.77% | 4.61% | -1.82% | 6.97% | -0.48% | 1.09% | -1.25% | 9.60% | -7.48% | 13.65% |
| 2023 | 9.46% | -1.15% | -3.73% | -1.52% | -2.68% | 9.13% | 4.61% | -2.76% | -5.02% | -5.15% | 8.18% | 9.39% | 18.12% |
| 2022 | 3.80% | -9.92% | 10.37% | -3.05% | -9.44% | 11.60% | 5.11% | -5.83% | 0.09% |
Benchmark Metrics
JPMorgan Small & Mid Cap Enhanced Equity ETF has an annualized alpha of -0.75%, beta of 1.00, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since May 09, 2022.
- This ETF participated in 108.06% of S&P 500 Index downside but only 101.60% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.00 and R2 of 0.75, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.75%
- Beta
- 1.00
- R²
- 0.75
- Upside Capture
- 101.60%
- Downside Capture
- 108.06%
Expense Ratio
JMEE has an expense ratio of 0.24%, which is considered low.
Return for Risk
Risk / Return Rank
JMEE ranks 72 for risk / return — better than 72% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) 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.
| JMEE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.21 | 2.78 | +1.43 |
| Martin ratioReturn relative to average drawdown | 14.78 | 12.44 | +2.35 |
Dividends
Dividend History
JPMorgan Small & Mid Cap Enhanced Equity ETF provided a 0.94% dividend yield over the last twelve months, with an annual payout of $0.72 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.72 | $0.72 | $0.57 | $0.67 | $3.05 |
Dividend yield | 0.94% | 1.13% | 0.95% | 1.25% | 6.63% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Small & Mid Cap Enhanced 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 | $0.72 | $0.72 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.57 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.67 |
| 2022 | $3.05 | $3.05 |
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 Small & Mid Cap Enhanced 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 Small & Mid Cap Enhanced Equity ETF was 25.40%, occurring on Apr 8, 2025. Recovery took 170 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -25.40%Apr 2025 | 4mo 13d | 8mo 6d | 1y 14dNov 2024 - Dec 2025 |
Bear market2022 | -16.61%Sep 2022 | 1mo 11d | 4mo 6d | 5mo 17dAug 2022 - Jan 2023 |
Bear market2022 | -14.57%Jun 2022 | 8d | 1mo 27d | 2mo 5dJun 2022 - Aug 2022 |
2023 correction2023 | -13.74%Oct 2023 | 2mo 27d | 1mo 17d | 4mo 14dAug 2023 - Dec 2023 |
2023 correction2023 | -12.35%Mar 2023 | 1mo 12d | 4mo 3d | 5mo 15dFeb 2023 - Jul 2023 |
Drawdown Indicators
| JMEE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.40% | -56.78% | +31.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.24% | -9.10% | +0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -25.40% | -18.90% | -6.50% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -10.71% | +5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 2.03% | +0.31% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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