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JDOC

GradeCNASDAQ Global Market

JPMorgan Healthcare Leaders ETF

Active Equity · J.P. Morgan · Inception 2023-11-01 · SEC filings

$61.73−0.04 (−0.07%)

As of Sep 23, 2026, 10:30 AM EDT

History starts Nov 2, 2023.
Intraday session: down, 6 prints from 61.77 to 61.73. Range 61.45 to 61.84. Use the arrow keys to read each point.$61.50$61.60$61.8010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$9M
1Y return
+20.8%
Yield · Last 12 months
0.83%
Holdings
58
Volume · 30D
0M sh
NAV per share
$61.62
52W range
low $50.34high $64.69

The ETF.net JDOC Grade

C

41/ 100

Rank 24 of 35 in US Active Sector

Confidence Medium

Six-pillar profile for JDOC. Scores out of 100: Cost 49, Risk 52, Mission not scored, Tradability 4, Holdings 59, Durability 40. Strongest: Holdings (59). Weakest: Tradability (4). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 41 of 100 sits in the C 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.
    CScore 49
    Category rank18/35 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 52
    Category rank18/35 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 4
    Category rank34/35 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 59
    Category rank16/35 · top 46%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 40
    Category rank27/35 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on JDOC

ETF.net Research

CMost healthcare ETFs just buy the sector list. JDOC is the stock-picker's version: about 60 names chosen by J.P. Morgan healthcare specialists hunting companies whose future growth the market underrates, with the whole globe in bounds.

Stated mandate

Seeks long-term capital appreciation by investing primarily in healthcare companies that the adviser considers leaders, particularly where future growth is underappreciated by the market.

Why people hold it

  1. 01Concentrated by design: about 60 healthcare stocks rather than the full sector roster, so the managers' picks actually shape the portfolio.am.jpmorgan.com
  2. 02The mandate is global, so European and Asian drugmakers and device firms are as eligible as US-listed ones.am.jpmorgan.com
  3. 03Run by J.P. Morgan portfolio managers who specialize in healthcare inside its equity research groups, leaning on the firm's global bench of sector analysts.sec.govam.jpmorgan.com
  4. 040.65% a year for specialist active research sits right at the median fee for actively managed US equity ETFs, not a markup for the J.P. Morgan name.

Worth knowing

  1. 01A small fund that trades thinly since its 2023 launch, so spreads can run wider than on the giant healthcare index ETFs and execution matters more.
  2. 02One sector, roughly 60 names. Drug pricing rules, patent cliffs and trial outcomes land harder here than in a diversified fund.prnewswire.com
  3. 03Broad active core rivals like DFAC and AVLC charge under 0.2% for far wider portfolios. JDOC's fee reflects a narrow specialist mandate, not a core holding's price.

JDOC Holdings

As of Sep 21, 2026, 6:55 PM
Asset class
Stocks
Holdings
58
Top-10 weight
47%
Largest holding
ABBV8.2%

Sectors

  • Health Care100.0%

Geography

  • United States73.68%
  • United Kingdom6.91%
  • Switzerland5.51%
  • Denmark4.38%
  • Netherlands2.71%
  • Japan2.66%
  • Israel1.98%
  • Germany1.55%
  • Other countries (1)0.62%

Developed 92% · Emerging 8% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ABBVABBVIE INC COMMON STOCK8.21%2,858$754K511
002LLYELI LILLY AND COMPANY7.69%613$707K569
003MRKMERCK & CO INC COMMON5.37%3,359$493K506
004JNJJOHNSON & COMMON5.01%1,706$461K521
005TMOTHERMO FISHER SCIENTIFIC4.41%622$405K369
006AZN.LASTRAZENECA PLC COMMON3.76%2,065$345K164
007UNHUNITEDHEALTH GROUP INC3.57%871$328K474
008BMYBRISTOL-MYERS SQUIBB CO3.41%4,962$313K460
009ABTABBOTT LABORATORIES2.98%2,669$274K374
010NOVO NORDISK A/S COMMON2.83%6,019$260K8
011ROP.SWROCHE HOLDING AG COMMON2.77%586$254K196
012DHRDANAHER CORP COMMON2.58%1,120$237K327
013GSK.LGSK PLC COMMON STOCK GBP2.56%9,313$235K160
014ARGENX SE COMMON STOCK2.36%218$217K3
015IQVIQVIA HOLDINGS INC2.25%777$207K290

Showing 1–15 of 61 holdings

JDOC Performance

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

JDOC$12,076
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. JDOC $12,076. SPY $11,723. Use the arrow keys to read each point.$9,282$11,086$12,889Sep 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 JDOC. Periods over one year show the average yearly return.
PeriodJDOC
Year to date+6.8%
1 month−3.9%
3 months+8.0%
1 year+20.8%
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 JDOC
YearReturn barJDOC
2026 YTD+6.8%
2025+15.4%
2024−1.0%
2023+10.7%

History from Nov 2, 2023

JDOC in the news

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

JDOC 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.
0.83%Last 12 months
Payout per share
$0.51Last 12 months
Last payment
$0.51 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 4 payments from 2023 to 2026 YTD. Dec 19, 2023 $0.08; Dec 16, 2024 $2.49; Dec 24, 2024 $0.33; Dec 16, 2025 $0.51. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 16, 2025Dec 18, 2025$0.51
Dec 24, 2024Dec 27, 2024$0.33
Dec 16, 2024Dec 18, 2024$2.49
Dec 19, 2023Dec 22, 2023$0.08

JDOC Risk

How much the fund’s monthly returns vary, scaled to a year.
13.8%
Annualised · 33 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.
0.46
vs 3-month T-bills · 33 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.
−20.8%
34 months · trough May 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.
0.45
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.

JDOC Cost

Expense ratio0.65%
  • The middle half of US Active Sector funds
  • Median 0.65%

14 of the 33 US Active Sector funds charge less.

JDOC costs $65.00 a year on $10,000. The median US Active Sector fund costs $65.00.