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JPMorgan Ultra-Short Income ETF (JPST)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46641Q8371
CUSIP
46641Q837
Issuer
JPMorgan
Inception Date
May 17, 2017
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in JPMorgan Ultra-Short Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

JPMorgan Ultra-Short Income ETF (JPST) has returned 0.71% so far this year and 4.41% over the past 12 months.


JPMorgan Ultra-Short Income ETF

1D
0.08%
1M
0.03%
YTD
0.71%
6M
1.89%
1Y
4.41%
3Y*
5.12%
5Y*
3.50%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 19, 2017, JPST's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, your investment would double in approximately 24.1 years.

Historically, 88% of months were positive and 12% were negative. The best month was Apr 2020 with a return of +1.5%, while the worst month was Mar 2020 at -1.7%. The longest winning streak lasted 45 consecutive months, and the longest losing streak was 7 months.

On a daily basis, JPST closed higher 56% of trading days. The best single day was Mar 27, 2020 with a return of +0.7%, while the worst single day was Mar 12, 2020 at -1.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.38%0.30%0.03%0.71%
20250.46%0.50%0.30%0.42%0.32%0.50%0.29%0.57%0.35%0.45%0.32%0.39%4.99%
20240.52%0.34%0.45%0.40%0.55%0.42%0.69%0.60%0.58%0.13%0.41%0.37%5.58%
20230.46%0.22%0.35%0.42%0.13%0.22%0.52%0.51%0.30%0.46%0.72%0.70%5.13%
2022-0.00%-0.18%-0.14%-0.05%-0.05%-0.05%0.16%0.30%0.06%0.04%0.55%0.49%1.14%
20210.02%0.04%-0.01%0.06%0.09%0.00%0.05%0.05%0.01%-0.18%0.02%-0.05%0.11%

Benchmark Metrics

JPMorgan Ultra-Short Income ETF has an annualized alpha of 2.82%, beta of 0.01, and R² of 0.06 versus S&P 500 Index. Calculated based on daily prices since May 22, 2017.

  • This ETF captured 6.92% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -4.31%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.01 may look defensive, but with R² of 0.06 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 0.06 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
2.82%
Beta
0.01
0.06
Upside Capture
6.92%
Downside Capture
-4.31%

Expense Ratio

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


Return for Risk

Risk / Return Rank

JPST ranks 99 for risk / return — in the top 99% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


JPST Risk / Return Rank: 9999
Overall Rank
JPST Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
JPST Sortino Ratio Rank: 9999
Sortino Ratio Rank
JPST Omega Ratio Rank: 9999
Omega Ratio Rank
JPST Calmar Ratio Rank: 9999
Calmar Ratio Rank
JPST Martin Ratio Rank: 9999
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 Ultra-Short Income ETF (JPST) and compare them to a chosen benchmark (S&P 500 Index).


JPSTBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

7.27

0.90

+6.37

Sortino ratio

Return per unit of downside risk

13.92

1.39

+12.53

Omega ratio

Gain probability vs. loss probability

3.41

1.21

+2.20

Calmar ratio

Return relative to maximum drawdown

14.93

1.40

+13.53

Martin ratio

Return relative to average drawdown

94.51

6.61

+87.90

Explore JPST risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

JPMorgan Ultra-Short Income ETF provided a 4.36% dividend yield over the last twelve months, with an annual payout of $2.21 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00$2.50201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$2.21$2.24$2.60$2.41$0.92$0.37$0.73$1.35$1.04$0.48

Dividend yield

4.36%4.43%5.16%4.79%1.83%0.73%1.43%2.69%2.07%0.96%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.17$0.16$0.34
2025$0.00$0.19$0.18$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.18$0.36$2.24
2024$0.00$0.22$0.21$0.22$0.23$0.22$0.22$0.23$0.22$0.22$0.21$0.40$2.60
2023$0.00$0.17$0.15$0.18$0.19$0.20$0.20$0.21$0.22$0.21$0.22$0.46$2.41
2022$0.00$0.02$0.02$0.02$0.04$0.05$0.05$0.06$0.08$0.09$0.12$0.37$0.92
2021$0.00$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.08$0.37

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 Ultra-Short Income 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 Ultra-Short Income ETF was 3.28%, occurring on Mar 25, 2020. Recovery took 39 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-3.28%Mar 9, 202013Mar 25, 202039May 20, 202052
-0.79%Oct 4, 2021188Jul 1, 202290Nov 8, 2022278
-0.3%Apr 4, 20254Apr 9, 20257Apr 21, 202511
-0.28%Sep 27, 20173Sep 29, 20179Oct 12, 201712
-0.28%May 12, 202311May 26, 202314Jun 16, 202325

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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