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JFLX

GradeBNew York Stock Exchange Arca

JPMorgan Flexible Debt ETF

Core US Bond · J.P. Morgan · Inception 2010-12-01

$49.25−0.19 (−0.39%)

As of Sep 23, 2026, 2:11 PM EDT

History starts Sep 29, 2025.History starts Sep 29, 2025.
Intraday session: down, 33 prints from 49.44 to 49.25. Range 49.23 to 49.42. Use the arrow keys to read each point.$49.30$49.35$49.4010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$1.6B
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
1674
Volume · 30D
0.1M sh
NAV per share
$49.31
52W range
low $49.25high $50.83

The ETF.net JFLX Grade

B

59/ 100

Rank 15 of 29 in Global Aggregate Bond (Unhedged)⁠

Confidence High

Six-pillar profile for JFLX. Scores out of 100: Cost 50, Risk 80, Mission 62, Tradability 41, Holdings 65, Durability 83. Strongest: Durability (83). Weakest: Tradability (41). Leans toward Durability and Risk.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 of 100 sits in the B 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 50
    Category rank15/29 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 62
    Category rank22/27 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 80
    Category rank2/29 · top 7%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 41
    Category rank20/29 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank11/29 · top 38%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 83
    Category rank3/29 · top 10%

Graded as of Sep 22, 2026

Our read on JFLX

ETF.net Research

BMost funds in the aggregate-bond aisle copy the Bloomberg U.S. Aggregate. JFLX only measures itself against it, roaming US, international and emerging-market debt under one main rule: keep at least 80% in bonds.

Stated mandate

The Fund seeks long-term total return, including current income and capital appreciation, by investing opportunistically across markets and sectors. It uses a flexible, benchmark-agnostic approach and normally invests at least 80% of assets in debt investments.

Why people hold it

  1. 01Benchmark-agnostic by design: at least 80% of assets in debt, then opportunistic picks across markets and sectors rather than a copy of the Agg's issuer mix.
  2. 02Casts a wide net, with roughly 1,600 positions spanning US, developed international and emerging-market debt.
  3. 03The strategy's record dates to 2010, and it operates today as a multi-billion-dollar, moderately traded fund run by J.P. Morgan.
  4. 04Mandate targets both current income and capital appreciation, so the manager can shift between coupon and price opportunities.

Worth knowing

  1. 01At 0.45% a year it sits above the typical fund in its category, and well above index trackers such as BND and SPAB at 0.03%.
  2. 02Going off-benchmark cuts both ways: results can diverge from the Agg in either direction, so it behaves nothing like a plain index tracker.
  3. 03Payouts follow an irregular cadence rather than a fixed monthly rhythm.

JFLX Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Bonds
Holdings
1,674
Top-10 weight
25%
Largest holding
JPMORGAN PRIME MONEY11.4%

Geography

  • United States74.38%
  • Germany3.85%
  • France2.32%
  • United Kingdom2.13%
  • Ireland2.09%
  • Mexico1.86%
  • Italy1.86%
  • Spain1.50%
  • Other countries (47)10.01%

Developed 67% · Emerging 33% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 111.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—JPMORGAN PRIME MONEY11.36%189,858,669$190M38
002—TBA GNMA2 SINGLE 5.5%3.07%52,801,000$51M11
003—TBA GNMA2 SINGLE 5%2.70%47,537,000$45M11
004—FEDERAL 2.1% 03/282.20%32,570,000$37M2
005—GNMA II MORTPASS 4% 08/521.65%30,537,663$28M4
006—GNMA II MORTPASS 6% 08/561.37%22,934,733$23M2
007—CASH0.95%15,849,663$16M414
008—UNITED 7.75% 05/310.66%196,670,000$11M2
009—UMBS MORTPASS 5.5% 09/530.62%10,530,065$10M1
010—AERCAP IRELAND 3.3% 01/320.59%11,060,000$10M18
011—SONOCO PRODUCTS 5% 09/340.51%9,075,000$9M10
012—COLUMBIA 6.036% 11/330.51%8,385,000$9M6
013—UMBS MORTPASS 4% 10/520.49%9,059,994$8M7
014—REPUBLIC OF 13.25% 02/330.48%24,854,200,000$8M2
015—COLLATERAL USD0.46%7,660,269$8M32

Showing 1–15 of 1658 holdings

JFLX Performance

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

JFLX$10,145
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. JFLX $10,145. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 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 JFLX. Periods over one year show the average yearly return.
PeriodJFLX
Year to date+1.5%
1 month−0.5%
3 months−0.8%
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per 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 JFLX
YearReturn barJFLX
2026 YTD+1.5%
2025+1.3%

History from Sep 29, 2025

JFLX in the news

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

JFLX 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 11 payments from 2025 to 2026 YTD. Nov 3, 2025 $0.17; Dec 1, 2025 $0.23; Dec 31, 2025 $0.24; Feb 2, 2026 $0.20; Mar 2, 2026 $0.20; Apr 1, 2026 $0.20; May 1, 2026 $0.21; Jun 1, 2026 $0.18; Jul 1, 2026 $0.17; Aug 3, 2026 $0.18; Sep 1, 2026 $0.16. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.16
Aug 3, 2026Aug 5, 2026$0.18
Jul 1, 2026Jul 6, 2026$0.17
Jun 1, 2026Jun 3, 2026$0.18
May 1, 2026May 5, 2026$0.21
Apr 1, 2026Apr 6, 2026$0.20
Mar 2, 2026Mar 4, 2026$0.20
Feb 2, 2026Feb 4, 2026$0.20
Dec 31, 2025Jan 5, 2026$0.24
Dec 1, 2025Dec 3, 2025$0.23
Nov 3, 2025Nov 5, 2025$0.17

JFLX Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.
—
No data available
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.
—
No data available
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.
0.55
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.

JFLX Cost

Expense ratio0.45%
  • The middle half of Global Aggregate Bond (Unhedged) funds
  • Median 0.41%

14 of the 27 Global Aggregate Bond (Unhedged) funds charge less.

JFLX costs $45.00 a year on $10,000. The median Global Aggregate Bond (Unhedged) fund costs $41.00.