- Issuer
- JPMorgan
- Inception Date
- Dec 11, 2025
- Region
- North America (U.S.)
- Category
- Money Market
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $70M
Share Price Chart
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Performance
JMMF Performance Chart
JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF) is up 1.6% since the beginning of the year. JMMF is currently trading at $100 per share.
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Returns By Period
JPMorgan 100% U.S. Treasury Securities Money Market ETF
- 1D
- 0.03%
- 1M
- 0.25%
- YTD
- 1.61%
- 6M
- 1.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.71%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.33%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
JMMF Monthly Returns History
Based on dividend-adjusted daily data since Dec 11, 2025, JMMF's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, an investment would double in approximately 23.1 years.
Historically, 100% of months were positive and 0% were negative. The best month was Mar 2026 with a return of +0.3%, while the worst month was Dec 2025 at 0.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 0 months.
On a daily basis, JMMF closed higher 72% of trading days. The best single day was Dec 24, 2025 with a return of +0.2%, while the worst single day was Apr 9, 2026 at -0.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.21% | 0.31% | 0.33% | 0.22% | 0.32% | 0.20% | 1.61% | ||||||
| 2025 | 0.17% | 0.17% |
Benchmark Metrics
JPMorgan 100% U.S. Treasury Securities Money Market ETF has an annualized alpha of 3.47%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 11, 2025.
- This ETF captured 3.30% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -13.32%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.00 may look defensive, but with R2 of 0.00 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 0.00 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
- 3.47%
- Beta
- 0.00
- R²
- 0.00
- Upside Capture
- 3.30%
- Downside Capture
- -13.32%
Expense Ratio
JMMF has an expense ratio of 0.16%, which is considered low.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF) 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.
| JMMF | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.66 | — |
| Martin ratioReturn relative to average drawdown | — | 11.86 | — |
Dividends
Dividend History
JPMorgan 100% U.S. Treasury Securities Money Market ETF provided a 1.73% dividend yield over the last twelve months, with an annual payout of $1.73 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $1.73 | $0.20 |
Dividend yield | 1.73% | 0.20% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan 100% U.S. Treasury Securities Money Market 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 | $0.27 | $0.27 | $0.26 | $0.26 | $0.34 | $0.14 | $1.53 | ||||||
| 2025 | $0.20 | $0.20 |
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 100% U.S. Treasury Securities Money Market 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 100% U.S. Treasury Securities Money Market ETF was 0.14%, occurring on Apr 9, 2026. Recovery took 14 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -0.14%Apr 2026 | 0s | 20d | 20dApr 2026 - Apr 2026 |
2025 pullback2025 | -0.13%Dec 2025 | 1d | 1d | 2dDec 2025 - Dec 2025 |
2026 pullback2026 | -0.06%Mar 2026 | 0s | 5d | 5dMar 2026 - Mar 2026 |
2026 pullback2026 | -0.04%Apr 2026 | 0s | 1d | 1dApr 2026 - Apr 2026 |
2026 pullback2026 | -0.03%Jan 2026 | 1d | 1d | 2dJan 2026 - Jan 2026 |
Drawdown Indicators
| JMMF | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.14% | -56.78% | +56.64% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
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% | -2.49% | +2.49% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -10.72% | +10.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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