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JBND

GradeANew York Stock Exchange

JPMorgan Active Bond ETF

Core US Bond · J.P. Morgan · Inception 2023-10-11

$51.55−0.46 (−0.88%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Oct 11, 2023.
Intraday session: down, 59 prints from 52.00 to 51.55. Range 51.51 to 51.94. Use the arrow keys to read each point.$51.60$51.70$51.80$51.9010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$8.7B
1Y return
+0.4%
Yield · Last 12 months
4.57%
Holdings
1756
Volume · 30D
1M sh
NAV per share
$51.88
52W range
low $51.76high $55.78

The ETF.net JBND Grade

A

73/ 100

Rank 30 of 118 in US Aggregate Bond

Confidence High

Six-pillar profile for JBND. Scores out of 100: Cost 66, Risk 58, Mission 100, Tradability 57, Holdings 74, Durability 76. Strongest: Mission (100). Weakest: Tradability (57). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 73 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 66
    Category rank41/118 · top 35%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank32/100 · top 32%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 58
    Category rank31/117 · top 26%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 57
    Category rank44/118 · top 37%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 74
    Category rank24/117 · top 21%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 76
    Category rank21/118 · top 18%

Graded as of Sep 22, 2026

Our read on JBND

ETF.net Research

AActive core bond management at near-index pricing: J.P. Morgan's bond desk runs roughly 1,700 holdings against the Agg with extra weight in securitized debt, for 0.25% a year.

Stated mandate

Seeks total return through active management of U.S. investment-grade bonds, primarily a diversified intermediate-term, high-quality portfolio with greater emphasis on securitized bonds.

Why people hold it

  1. 010.25% a year undercuts every other active fund benchmarked to the Agg in its peer set (CGCB, JCPB, BOND, JFLX) and lands well under the core-bond category's median fee.
  2. 02The securitized tilt is the whole point. The fact sheet describes a diversified intermediate-term, high-quality portfolio with greater emphasis on securitized bonds, not a copy of the index.am.jpmorgan.com
  3. 03About 1,700 bonds deep, pays monthly, and has pulled in multi-billion-dollar assets since launch. What's inside lines up closely with the mandate on the tin.
  4. 04In a crowded field of nearly 200 core bond funds, this one sits in the upper tier on how cleanly it executes what it promises.

Worth knowing

  1. 01Index core-bond giants like BND, SPAB and SCHZ charge 0.03%. The extra fee here buys a manager's judgment calls, which can land either way.
  2. 02The Bloomberg U.S. Aggregate is a yardstick, not a blueprint. An active portfolio can look and behave differently from the index it's measured against.
  3. 03Intermediate-term bonds move with interest rates, and the fund launched in 2023, so its record doesn't yet span a full rate cycle.

JBND Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Bonds
Holdings
1,756
Top-10 weight
13%
Largest holding
JPMORGAN U.S. GOVERNMENT2.4%

Geography

  • United States94.78%
  • France0.98%
  • United Kingdom0.85%
  • Mexico0.57%
  • Ireland0.54%
  • Canada0.49%
  • Spain0.47%
  • Japan0.47%
  • Other countries (10)0.85%
The fund’s holdings, weight-ordered — page 1 of 117.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001JPMORGAN U.S. GOVERNMENT2.40%212,131,429$212M26
002UNITED 3.625% 08/291.51%138,138,000$134M17
003UNITED 3.875% 08/341.37%129,915,000$121M15
004TBA UMBS SINGLE FAMILY 5%1.34%125,000,000$118M17
005UNITED STATES OF 4% 02/341.31%123,148,400$116M15
006UNITED 1.875% 02/321.29%133,384,000$114M10
007UNITED STATES 4.25% 05/331.24%114,240,000$110M8
008UNITED STATES ZERO 02/361.07%151,817,000$94M1
009UNITED STATES ZERO 11/310.94%106,840,000$83M1
010BCAP LLC TRUST 0% 09/270.89%78,602,336$79M5
011UNITED STATES OF 4% 07/320.85%78,443,000$75M12
012UNITED 4.125% 02/320.85%77,535,000$75M9
013UNITED STATES ZERO 02/400.82%147,271,000$73M3
014UNITED STATES ZERO 08/370.79%122,248,000$70M1
015UNITED STATES ZERO 02/380.79%125,000,000$70M1

Showing 1–15 of 1752 holdings

JBND Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

JBND$10,043
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. JBND $10,043. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for JBND. Periods over one year show the average yearly return.
PeriodJBND
Year to date−1.0%
1 month−0.8%
3 months−1.3%
1 year+0.4%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JBND
YearReturn barJBND
2026 YTD−1.0%
2025+8.2%
2024+3.2%
2023+7.3%

Since listing, Oct 11, 2023

JBND in the news

ETF.net Research hasn’t filed on JBND yet — coverage lands here as it’s written.

JBND Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.57%Last 12 months
Payout per share
$2.38Last 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 37 payments from 2023 to 2026 YTD. Nov 1, 2023 $0.12; Dec 1, 2023 $0.21; Dec 28, 2023 $0.21; Feb 1, 2024 $0.20; Mar 1, 2024 $0.20; Apr 1, 2024 $0.22; May 1, 2024 $0.22; Jun 3, 2024 $0.20; Jul 1, 2024 $0.18; Aug 1, 2024 $0.20; Sep 3, 2024 $0.18; Oct 1, 2024 $0.19; Nov 1, 2024 $0.21; Dec 2, 2024 $0.20; Dec 16, 2024 $0.02; Dec 31, 2024 $0.18; Feb 3, 2025 $0.20; Mar 3, 2025 $0.19; Apr 1, 2025 $0.19; May 1, 2025 $0.21; Jun 2, 2025 $0.21; Jul 1, 2025 $0.19; Aug 1, 2025 $0.21; Sep 2, 2025 $0.18; Oct 1, 2025 $0.20; Nov 3, 2025 $0.19; Dec 1, 2025 $0.19; Dec 15, 2025 $0.04; Dec 31, 2025 $0.19; Feb 2, 2026 $0.19; Mar 2, 2026 $0.17; Apr 1, 2026 $0.19; May 1, 2026 $0.20; Jun 1, 2026 $0.19; Jul 1, 2026 $0.20; Aug 3, 2026 $0.20; Sep 1, 2026 $0.21. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.21
Aug 3, 2026Aug 5, 2026$0.20
Jul 1, 2026Jul 6, 2026$0.20
Jun 1, 2026Jun 3, 2026$0.19
May 1, 2026May 5, 2026$0.20
Apr 1, 2026Apr 6, 2026$0.19
Mar 2, 2026Mar 4, 2026$0.17
Feb 2, 2026Feb 4, 2026$0.19
Dec 31, 2025Jan 5, 2026$0.19
Dec 15, 2025Dec 17, 2025$0.04
Dec 1, 2025Dec 3, 2025$0.19
Nov 3, 2025Nov 5, 2025$0.19

JBND Risk

How much the fund’s monthly returns vary, scaled to a year.
5.3%
Annualised · 34 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.45
vs 3-month T-bills · 34 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−4.5%
35 months · trough Jan 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.19
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

JBND Cost

Expense ratio0.25%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

35 of the 112 US Aggregate Bond funds charge less.

JBND costs $25.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.