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JPM USD Ultra-Short Income Active UCITS ETF USD Acc (JPPA.DE) Sharpe Ratio: 1.06

ETF · Currency in EUR · Last updated Jul 16, 2026

JPM USD Ultra-Short Income Active UCITS ETF is actively managed and invests primarily in short-term U.S. dollar-denominated debt securities.

JPPA.DE's Sharpe Ratio of 1.06 indicates that for each unit of volatility, it generates 1.06 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 16, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

JPPA.DE Sharpe Ratio Rank

JPPA.DE Sharpe Ratio Rank: 34.334
Below Average

JPPA.DE ranks above 34.3% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

JPPA.DE Sharpe Ratio Market Positioning

The chart shows JPPA.DE's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.75 or lower
  • Yellow zone (middle 50%): 0.75 to 1.91
  • Green zone (top 25%): 1.91 or higher
  • Top 1%: 6.41+
  • Median: 1.42 — half of all investments score higher

How it compares to other similar ETFs

The table compares JPM USD Ultra-Short Income Active UCITS ETF USD Acc's Sharpe Ratio with other ETFs in the Ultrashort Bond category across multiple time periods, showing how JPPA.DE's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 16, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
JEST.DEJPM EUR Ultra-Short Income Active UCITS ETF EUR Acc3.47
IS3M.DEiShares € Ultrashort Bond UCITS ETF2.69
ERNX.DEiShares Euro Ultrashort Bond UCITS ETF EUR Accumulating1.66
EUED.DEiShares € Ultrashort Bond ESG SRI UCITS ETF EUR (Dist)1.53
JPPS.DEJPM USD Ultra-Short Income Active UCITS ETF USD Dist1.08
JPPA.DEJPM USD Ultra-Short Income Active UCITS ETF USD Acc1.06
IS3L.DEiShares $ Ultrashort Bond UCITS ETF USD (Dist)0.95
XT01.DEXtrackers US Treasuries Ultrashort Bond UCITS ETF 1C0.89
BBLL.DEJPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)0.89
PR1T.DEAmundi Prime US Treasury Bond 0-1 Y UCITS ETF DR USD (C)0.89

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows JPPA.DE's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when JPPA.DE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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