JPMorgan Mortgage-Backed Securities ETF
$48.38+0.05 (+0.10%)
- 0.37%
- $6.8B
- −1.2%
- 4.56%
- 0.7M sh
- $48.37
- low $47.94high $52.04
The ETF.net JMTG Grade
B
Score 61 out of 100
- 5 of 25
Score 61 of 100 falls in the B 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.C50 out of 100Rank 13 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.B62 out of 100Rank 1 of 20Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 9 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 9 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 3 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A82 out of 100Rank 4 of 25
Our read on JMTG
BMost mortgage-bond ETFs just clone the index. JMTG hands agency-style mortgage debt to a J.P. Morgan team that picks its spots, backed by a strategy running since 2000 and a monthly payout.
The fund seeks to maximize total return by investing primarily in a diversified portfolio of debt securities backed by pools of residential mortgage loans.
Why people hold it
- At 0.24% a year it undercuts the typical fund in its mortgage-bond group (0.35% median), and it does that while running an active mandate rather than tracking an index.
- The job description is plain: maximize total return from a diversified portfolio of debt backed by pools of residential mortgages, spread across several thousand individual bonds.
- A multi-billion-dollar fund that changes hands actively and distributes monthly, so income lands twelve times a year instead of four.
- The strategy's history reaches back to 2000, and among the mortgage-bond funds we cover it ranks in the upper tier of its peer group.
Worth knowing
- Index-tracking rivals are far cheaper: VMBS at 0.03% and MBB at 0.04%. Here you are paying for a manager's judgment rather than a rulebook.
- With no index to hug, results can diverge from the standard mortgage-backed benchmark in either direction.
- Monthly distributions come from mortgage pools, so the amount shifts as rates and homeowner refinancing shift. It is not a fixed coupon.
JMTG Holdings
- Bonds
- 2,579
- 13%
- JPMorgan Prime Money
Geography
- United States100.00%
JMTG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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JMTG$9,881
Returns run to the Oct 12, 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 | JMTG |
|---|---|
| Year to date | −2.2% |
| 1 month | −1.3% |
| 3 months | −2.9% |
| 1 year | −1.2% |
| 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 | JMTG |
|---|---|---|
| 2026 YTD | −2.2% | |
| 2025 | +3.9% |
JMTG in the news
JMTG Dividends
- 4.56%
- $2.20
- $0.19 per share
- Monthly
Distribution history
JMTG Risk
- 4.4%
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.
- −0.63
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.
- −4.9%
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.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JMTG Cost
0.37%
JMTG0.37%
- The middle half of Mortgage-Backed Securities funds
- Median 0.36%
12 of the 24 Mortgage-Backed Securities funds charge less.
Other funds in Mortgage-Backed Securities
- AMBBiShares MBS ETFExpense ratio 0.04%1 year return −1.6%
- BVMBSVanguard Mortgage-Backed Securities ETFExpense ratio 0.03%1 year return −1.2%
- BMBSDNorthern Trust Disciplined Duration MBS ETFExpense ratio 0.21%1 year return −0.7%
- BMTBASimplify MBS ETFExpense ratio 0.25%1 year return −1.3%
- BGNMAiShares GNMA Bond ETFExpense ratio 0.11%1 year return −1.7%