JPMorgan Ultra-Short Income ETF (JPST)

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JPMorgan Ultra-Short Income ETF (JPST) is up 1.4% since the beginning of the year. JPST is currently trading at $50 per share. Investors who bought $1,000 worth of JPST shares 5 years ago would now be looking at an investment worth $1,194.

JPMorgan Ultra-Short Income ETF (JPST) has returned 1.40% so far this year and 4.25% over the past 12 months.

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, an investment would double in approximately 24.1 years.

Historically, 87% of months were positive and 13% 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 47 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%.

JPMorgan Ultra-Short Income ETF has an annualized alpha of 2.81%, beta of 0.01, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since May 19, 2017.

• This ETF captured 6.67% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -4.20%) - 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.

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

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.

The table below present risk-adjusted performance metrics for JPMorgan Ultra-Short Income ETF (JPST) and compare them to S&P 500 Index.

JPMorgan Ultra-Short Income ETF provided a 4.26% dividend yield over the last twelve months, with an annual payout of $2.15 per share.

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.

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.

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.

The current JPMorgan Ultra-Short Income ETF drawdown is 0.02%.

The chart below shows the rolling one-month volatility.