JPMorgan Inflation Managed Bond ETF
$46.59−0.08 (−0.18%)
- 0.39%
- $921M
- +0.1%
- 4.16%
- 62.2K sh
- low $45.78high $50.95
The ETF.net JCPI Grade
C
Score 47 out of 100
- 27 of 41
Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F5 out of 100Rank 39 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.A80 out of 100Rank 20 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 20 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 25 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 5 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 8 of 41
Our read on JCPI
In short
CMost inflation funds just buy TIPS. JCPI builds a core bond portfolio and layers CPI-U swaps on top, an active route to a similar inflation-linked payoff, run by J.P. Morgan since 2010 and wrapped in an ETF in 2022.
Stated mandate
The fund seeks to deliver inflation-protected total return by combining a core bond portfolio with actively managed inflation swaps and tactical trades.
Why people hold it
Worth knowing
JCPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
JCPI$10,015
Returns run to the Oct 30, 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.
| Period | JCPI |
|---|---|
| Year to date | +0.3% |
| 1 month | +2.0% |
| 3 months | −0.5% |
| 1 year | +0.1% |
| 3 years | +5.6% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JCPI |
|---|---|---|
| 2026 YTD | +0.3% | |
| 2025 | +7.1% | |
| 2024 | +4.7% | |
| 2023 | +5.0% | |
| 2022 | −5.5% |
JCPI in the news
JCPI Dividends
- 4.16%
- $1.95
- $0.12 per share
- Monthly
JCPI Risk
- 3.8%
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.
- 0.28
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.
- −7.9%
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.
- 0.57
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
JCPI Cost
Overpaying vs VTIP, tied cheapest in TIPS
$7,260
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
JCPI 0.39%
$7,898
VTIP 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | JCPI | VTIP | Overpaying |
|---|---|---|---|
| 10 | $705 | $55 | $650 |
| 20 | $2,725 | $216 | $2,509 |
| 30 | $7,898 | $638 | $7,260 |
Other funds in TIPS
- CLDRIiShares iBonds 1-5 Year TIPS Ladder ETFExpense ratio 0.10%1 year return +2.6%
- CTIPZPIMCO Broad U.S. TIPS Index Exchange-Traded FundExpense ratio 0.20%1 year return −0.2%
- CIBIMiShares iBonds Oct 2036 Term TIPS ETFExpense ratio 0.10%1 year return
- CLTPZPIMCO 15+ Year U.S. TIPS Index Exchange-Traded FundExpense ratio 0.20%1 year return −6.6%
- CLIAELifeX 2050 Inflation-Protected Longevity Income ETFExpense ratio 0.25%1 year return −2.9%
