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Issuer
JPMorgan
Inception Date
Apr 3, 2019
Category
Dividend
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

JPST.L Performance Chart

JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF USD (dist) (JPST.L) is up 1.8% since the beginning of the year. JPST.L is currently trading at $101 per share. Investors who bought $1,000 worth of JPST.L shares 5 years ago would now be looking at an investment worth $1,197.


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S&P 500 Index

Returns By Period

JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF USD (dist) (JPST.L) has returned 1.84% so far this year and 4.28% over the past 12 months.


JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF USD (dist)

1D
0.07%
1M
0.32%
6M
1.71%
YTD
1.84%
1Y
4.28%
3Y*
5.12%
5Y*
3.67%
10Y*

Benchmark (S&P 500 Index)

1D
0.38%
1M
0.24%
6M
9.32%
YTD
10.62%
1Y
21.28%
3Y*
18.90%
5Y*
11.84%
10Y*
13.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JPST.L Monthly Returns History

Based on dividend-adjusted daily data since Feb 15, 2018, JPST.L'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, 88% of months were positive and 12% were negative. The best month was Apr 2020 with a return of +1.7%, while the worst month was Mar 2020 at -2.2%. The longest winning streak lasted 49 consecutive months, and the longest losing streak was 7 months.

On a daily basis, JPST.L closed higher 59% of trading days. The best single day was Apr 14, 2020 with a return of +0.5%, while the worst single day was Mar 25, 2020 at -0.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.39%0.28%0.04%0.32%0.36%0.30%0.14%1.84%
20250.42%0.50%0.33%0.34%0.28%0.63%0.34%0.58%0.37%0.39%0.38%0.39%5.06%
20240.50%0.43%0.46%0.35%0.57%0.48%0.61%0.58%0.57%0.14%0.39%0.37%5.58%
20230.52%0.22%0.20%0.48%0.14%0.28%0.46%0.49%0.46%0.46%0.63%0.58%5.04%
2022-0.11%-0.17%-0.09%-0.08%0.10%-0.20%0.16%0.30%0.07%0.08%0.53%0.50%1.11%
20210.01%0.06%-0.10%0.14%0.06%-0.01%0.05%0.01%0.00%-0.11%-0.03%-0.09%0.02%

Benchmark Metrics

JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF USD (dist) has an annualized alpha of 3.07%, beta of 0.01, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since February 15, 2018.

  • This ETF captured 7.00% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.64%) - a profile typical of hedging or uncorrelated assets.
  • Beta of 0.01 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
3.07%
Beta
0.01
0.01
Upside Capture
7.00%
Downside Capture
-3.64%

Expense Ratio

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


Return for Risk

Risk / Return Rank

JPST.L 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.L Risk / Return Rank: 9999
Overall Rank
JPST.L Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
JPST.L Sortino Ratio Rank: 9999
Sortino Ratio Rank
JPST.L Omega Ratio Rank: 9999
Omega Ratio Rank
JPST.L Calmar Ratio Rank: 9898
Calmar Ratio Rank
JPST.L 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 ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF USD (dist) (JPST.L) 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.


JPST.LBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+3.60

Sortino ratioReturn per unit of downside risk

+6.81

Omega ratioGain probability vs. loss probability

2.70

1.31

+1.40

Calmar ratioReturn relative to maximum drawdown

12.26

2.35

+9.91

Martin ratioReturn relative to average drawdown

91.49

10.19

+81.30

Dividends

Dividend History

JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF USD (dist) provided a 4.10% dividend yield over the last twelve months, with an annual payout of $4.16 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$4.16$4.37$5.35$4.50$1.16$0.68$1.92$2.68$1.81

Dividend yield

4.10%4.29%5.28%4.46%1.16%0.67%1.90%2.66%1.80%

Monthly Dividends

The table displays the monthly dividend distributions for JPMorgan ETFs (Ireland) ICAV - 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$0.33$0.37$0.35$0.26$0.37$0.35$0.29$2.32
2025$0.32$0.39$0.31$0.31$0.37$0.44$0.40$0.46$0.34$0.32$0.38$0.33$4.37
2024$0.37$0.39$0.67$0.30$0.43$0.48$0.50$0.37$0.48$0.37$0.56$0.42$5.35
2023$0.32$0.25$0.27$0.36$0.23$0.39$0.51$0.35$0.40$0.43$0.40$0.60$4.50
2022$0.05$0.04$0.04$0.05$0.05$0.07$0.09$0.09$0.13$0.15$0.19$0.20$1.16
2021$0.08$0.08$0.07$0.08$0.07$0.06$0.05$0.05$0.03$0.05$0.02$0.02$0.68

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 ETFs (Ireland) ICAV - 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 JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF USD (dist) was 3.13%, occurring on Mar 25, 2020. Recovery took 39 trading sessions.


Drawdown

Fall

Recovery

Underwater

Related event

-3.13%Mar 2020
19d1mo 28d
2mo 17dMar 2020 - May 2020
COVID crash2020
-0.87%Jun 2022
8mo 17d4mo 23d
1y 1moOct 2021 - Nov 2022
Bear market2022
-0.46%Apr 2025
2d13d
15dApr 2025 - Apr 2025
2025 selloff2025
-0.34%Nov 2025
2d1d
3dNov 2025 - Nov 2025
-0.26%Jul 2018
2d7d
9dJul 2018 - Jul 2018

Drawdown Indicators


JPST.LBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-3.13%

-56.78%

+53.65%

Max Drawdown (1Y)

Largest decline over 1 year

-0.34%

-9.10%

+8.76%

Max Drawdown (3Y)

Largest decline over 3 years

-0.46%

-18.90%

+18.44%

Max Drawdown (5Y)

Largest decline over 5 years

-0.87%

-25.43%

+24.56%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

0.00%

-0.49%

+0.49%

Average Drawdown

Average peak-to-trough decline

-0.10%

-10.70%

+10.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.05%

2.09%

-2.04%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with JPST.L

Add JPMorgan ETFs (Ireland) ICAV - 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.

Open Portfolio Analyzer with JPST.L