JPMorgan 100% U.S. Treasury Securities Money Market ETF
$100.16+0.00 (+0.00%)
- Expense ratio
- 0.16%
- Fund size
- $92M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Holdings
- 60
- Volume · 30D
- 0M sh
- NAV per share
- $100.14
- 52W range
The ETF.net JMMF Grade
Score 55 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 47Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 81Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 71Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 45Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 31Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 22Category rank
Our read on JMMF
BA money market fund wearing an ETF ticker. JMMF owns nothing but direct U.S. Treasury debt (bills, notes, bonds), chasing current income, liquidity and low volatility of principal, and it pays monthly. J.P. Morgan opened it in December 2025.
The fund seeks current income, liquidity, and low volatility of principal through exclusive investment in U.S. Treasury debt securities, including Treasury bills, bonds, and notes.
Why people hold it
- The mandate is the name: 100% U.S. Treasury debt, bills, notes and bonds, roughly 50 positions, no corporate or bank paper anywhere in the book.am.jpmorgan.com
- Built for the cash corner: current income, liquidity and low volatility of principal are the stated goals, and the payout lands monthly.
- A money market mandate in an ETF wrapper, so shares change hands on an exchange through the trading day instead of only at a fund company's cutoff.
Worth knowing
- At 0.16% a year it runs above the 0.12% median for its Treasury cohort and above ultra-short options like Vanguard's VGUS at 0.07%.
- It opened in December 2025 and traded thinly out of the gate, so there is little history on spreads or depth to lean on.
- Treasuries only means no corporate, municipal or agency paper. Stability is the trade-off, and income comes from a single issuer.
JMMF Holdings
- Other
- 60
- 62%
- UNITED STATES ZERO 09/26
Geography
- United States100.00%
JMMF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | JMMF |
|---|---|
| Year to date | +2.5% |
| 1 month | +0.3% |
| 3 months | +0.9% |
| 1 year | — |
| 3 years | — |
| 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 | JMMF |
|---|---|---|
| 2026 YTD | +2.5% | |
| 2025 | +0.1% |
JMMF in the news
ETF.net Research hasn’t filed on JMMF yet — coverage lands here as it’s written.
JMMF Dividends
- $0.06 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.06 |
| Sep 11, 2026 | Sep 15, 2026 | $0.07 |
| Sep 4, 2026 | Sep 9, 2026 | $0.07 |
| Aug 28, 2026 | Sep 1, 2026 | $0.07 |
| Aug 21, 2026 | Aug 25, 2026 | $0.07 |
| Aug 14, 2026 | Aug 18, 2026 | $0.07 |
| Aug 7, 2026 | Aug 11, 2026 | $0.07 |
| Jul 31, 2026 | Aug 4, 2026 | $0.07 |
| Jul 24, 2026 | Jul 28, 2026 | $0.07 |
| Jul 17, 2026 | Jul 21, 2026 | $0.07 |
| Jul 10, 2026 | Jul 14, 2026 | $0.07 |
| Jul 6, 2026 | Jul 8, 2026 | $0.07 |
JMMF Risk
- —
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.
- —
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.
- —
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.
- −0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JMMF Cost
- The middle half of US Treasury & Government funds
- Median 0.15%
10 of the 16 US Treasury & Government funds charge less.