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Issuer
JPMorgan
Inception Date
Feb 15, 2018
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
Ireland
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

JPPS.DE Performance Chart

JPM USD Ultra-Short Income Active UCITS ETF USD Dist (JPPS.DE) is up 4.5% since the beginning of the year. JPPS.DE is currently trading at €88 per share. Investors who bought €1,000 worth of JPPS.DE shares 5 years ago would now be looking at an investment worth €1,234.


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S&P 500 Index

Returns By Period

JPM USD Ultra-Short Income Active UCITS ETF USD Dist (JPPS.DE) has returned 4.50% so far this year and 5.52% over the past 12 months.


JPM USD Ultra-Short Income Active UCITS ETF USD Dist

1D
-0.14%
1M
1.51%
6M
3.43%
YTD
4.50%
1Y
5.52%
3Y*
4.42%
5Y*
4.29%
10Y*

Benchmark (S&P 500 Index)

1D
-0.09%
1M
1.27%
6M
10.98%
YTD
13.27%
1Y
22.64%
3Y*
18.04%
5Y*
12.49%
10Y*
12.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JPPS.DE Monthly Returns History

Based on dividend-adjusted daily data since Feb 15, 2018, JPPS.DE's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, an investment would double in approximately 36.1 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jun 2018 with a return of +6.3%, while the worst month was Feb 2018 at -18.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.

On a daily basis, JPPS.DE closed higher 41% of trading days. The best single day was Jun 12, 2018 with a return of +4.7%, while the worst single day was Feb 27, 2018 at -18.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.59%0.75%2.60%-1.41%0.79%2.57%-0.22%4.50%
20250.97%0.43%-3.31%-4.35%0.11%-2.81%3.06%-1.66%0.14%2.03%-0.12%-1.03%-6.60%
20242.43%0.72%0.56%1.44%-0.95%1.71%-0.39%-1.51%-0.26%2.81%3.32%1.27%11.60%
2023-1.20%2.60%-2.14%-1.12%3.70%-2.04%-0.59%2.21%3.02%0.59%-2.53%-0.78%1.47%
20220.95%-0.40%1.11%5.26%-1.61%2.29%2.77%1.59%2.83%-0.83%-3.70%-2.89%7.22%
20211.30%0.35%3.06%-2.36%-1.53%3.18%-0.03%0.51%1.86%0.12%2.44%-0.47%8.57%

Benchmark Metrics

JPM USD Ultra-Short Income Active UCITS ETF USD Dist has an annualized alpha of 1.43%, beta of 0.05, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since February 15, 2018.

  • This ETF captured 2.76% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -4.99%) - a profile typical of hedging or uncorrelated assets.
  • Beta of 0.05 may look defensive, but with R2 of 0.01 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 0.01 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
1.43%
Beta
0.05
0.01
Upside Capture
2.76%
Downside Capture
-4.99%

Expense Ratio

JPPS.DE has an expense ratio of 0.18%, which is considered low.


Return for Risk

Risk / Return Rank

JPPS.DE ranks 38 for risk / return — below 38% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


JPPS.DE Risk / Return Rank: 3838
Overall Rank
JPPS.DE Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
JPPS.DE Sortino Ratio Rank: 3636
Sortino Ratio Rank
JPPS.DE Omega Ratio Rank: 3333
Omega Ratio Rank
JPPS.DE Calmar Ratio Rank: 4747
Calmar Ratio Rank
JPPS.DE Martin Ratio Rank: 3838
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 JPM USD Ultra-Short Income Active UCITS ETF USD Dist (JPPS.DE) 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.


JPPS.DEBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.72

Sortino ratioReturn per unit of downside risk

-0.76

Omega ratioGain probability vs. loss probability

1.19

1.33

-0.14

Calmar ratioReturn relative to maximum drawdown

1.96

3.01

-1.05

Martin ratioReturn relative to average drawdown

4.74

11.10

-6.36

Dividends

Dividend History

JPM USD Ultra-Short Income Active UCITS ETF USD Dist provided a 4.04% dividend yield over the last twelve months, with an annual payout of €3.57 per share.


1.00%2.00%3.00%4.00%5.00%€0.00€1.00€2.00€3.00€4.00€5.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend€3.57€3.87€4.95€4.15€1.13€0.57€1.70€2.39€1.55

Dividend yield

4.04%4.47%5.12%4.54%1.19%0.64%2.07%2.65%1.77%

Monthly Dividends

The table displays the monthly dividend distributions for JPM USD Ultra-Short Income Active UCITS ETF USD Dist. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026€0.29€0.31€0.31€0.23€0.31€0.31€0.25€2.00
2025€0.31€0.37€0.28€0.27€0.33€0.38€0.34€0.40€0.29€0.28€0.33€0.28€3.87
2024€0.33€0.36€0.61€0.28€0.40€0.45€0.46€0.34€0.44€0.34€0.53€0.40€4.95
2023€0.29€0.24€0.26€0.33€0.21€0.36€0.45€0.32€0.38€0.41€0.37€0.54€4.15
2022€0.04€0.04€0.04€0.05€0.05€0.07€0.09€0.08€0.13€0.15€0.18€0.19€1.13
2021€0.07€0.07€0.05€0.07€0.05€0.05€0.04€0.05€0.03€0.04€0.02€0.02€0.57

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 JPM USD Ultra-Short Income Active UCITS ETF USD Dist. 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 JPM USD Ultra-Short Income Active UCITS ETF USD Dist was 19.53%, occurring on Mar 26, 2018. Recovery took 1031 trading sessions.

The current JPM USD Ultra-Short Income Active UCITS ETF USD Dist drawdown is 4.75%.


Drawdown

Fall

Recovery

Underwater

Related event

-19.53%Mar 2018
27d4y 1mo
4y 1moFeb 2018 - Apr 2022
-11.65%Jul 2023
9mo 19d1y 4mo
2y 1moSep 2022 - Nov 2024
-11.23%Jul 2025
5mo 21d
1y 6moJan 2025 - now
-3.43%May 2022
13d1mo 6d
1mo 19dMay 2022 - Jul 2022
Bear market2022
-2.97%Aug 2022
26d9d
1mo 5dJul 2022 - Aug 2022
Bear market2022

Drawdown Indicators


JPPS.DEBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-19.53%

-51.17%

+31.64%

Max Drawdown (1Y)

Largest decline over 1 year

-3.24%

-7.57%

+4.33%

Max Drawdown (3Y)

Largest decline over 3 years

-11.23%

-23.99%

+12.76%

Max Drawdown (5Y)

Largest decline over 5 years

-11.65%

-23.99%

+12.34%

Max Drawdown (10Y)

Largest decline over 10 years

-33.42%

Current Drawdown

Current decline from peak

-4.75%

-0.52%

-4.23%

Average Drawdown

Average peak-to-trough decline

-7.08%

-8.90%

+1.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.33%

2.04%

-0.71%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with JPPS.DE

Add JPM USD Ultra-Short Income Active UCITS ETF USD Dist 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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