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Launched

JPMorgan Mortgage-Backed Securities ETF

JMTGNYSE ArcaJ.P. MorganB

$49.21−0.20 (−0.40%)

At close: Nov 2, 2026, 4:00 PM ET

B63/ 100

Rank 5 of 25 in Mortgage-Backed Securities

B63/100Rank 5 of 25inMortgage-Backed Securities
Intraday session: down, 79 prints from 49.41 to 49.21. Range 49.17 to 49.31. Use the arrow keys to read each point.49.2549.3049.3510 AM12 PM2 PM4 PM
Expense ratio
0.37%
Fund size
$6.84B
1Y total return
+0.8%
Yield · Last 12 months
4.88%
Holdings
2568
Avg volume · 30D
657K sh
52W range
low $47.94high $52.04
Launched

The ETF.net JMTG Grade

B

Score 63 out of 100

Category
Mortgage-Backed Securities⁠
Rank
5 of 25
Six-pillar profile for JMTG. Scores out of 100: Cost 54, Risk 54, Mission 66, Tradability 68, Holdings 85, Durability 80. Strongest: Holdings (85). Weakest: Risk (54). Leans toward Holdings and Durability.

Score 63 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.
    C54 out of 100
    Rank 12 of 25

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B66 out of 100
    Rank 1 of 21

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C54 out of 100
    Rank 9 of 25

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B68 out of 100
    Rank 6 of 25

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 3 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 5 of 25

Our read on JMTG

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Aug 18, 2000

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.Not enough history yet.
JMTG$10,076
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. JMTG $10,076. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 JMTG. Periods over one year show the average yearly return.
PeriodJMTG
Year to date0.0%
1 month+2.7%
3 months0.0%
1 year+0.8%
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper yearNo data

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 JMTG
YearReturn barJMTG
2026 YTD0.0%
2025+3.9%

History from Jun 30, 2025

JMTG in the news

JMTG 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 Nov 2, 2026.
4.88%Last 12 months
Payout per share
$2.40Last 12 months
Upcoming payment
$0.20 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 16 payments from 2025 to 2026 YTD. Aug 1, 2025 $0.18; Sep 2, 2025 $0.18; Oct 1, 2025 $0.18; Nov 3, 2025 $0.18; Dec 1, 2025 $0.18; Dec 31, 2025 $0.18; Feb 2, 2026 $0.18; Mar 2, 2026 $0.18; Apr 1, 2026 $0.18; May 1, 2026 $0.17; Jun 1, 2026 $0.19; Jul 1, 2026 $0.19; Aug 3, 2026 $0.18; Sep 1, 2026 $0.20; Oct 1, 2026 $0.19; Nov 2, 2026 $0.20. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.20
Oct 1, 2026Oct 5, 2026$0.19
Sep 1, 2026Sep 3, 2026$0.20
Aug 3, 2026Aug 5, 2026$0.18
Jul 1, 2026Jul 6, 2026$0.19
Jun 1, 2026Jun 3, 2026$0.19
May 1, 2026May 5, 2026$0.17
Apr 1, 2026Apr 6, 2026$0.18
Mar 2, 2026Mar 4, 2026$0.18
Feb 2, 2026Feb 4, 2026$0.18
Dec 31, 2025Jan 5, 2026$0.18
Dec 1, 2025Dec 3, 2025$0.18

See all 16 payments⁠

$10,000 in JMTG 1 year ago paid $470 in dividends.⁠

JMTG Risk

Risk pillarC54 out of 100Rank 9 of 25 in Mortgage-Backed Securities
How much the fund’s monthly returns vary, scaled to a year.
4.8%
Annualised · 16 months to Oct 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.
−0.18
vs 3-month T-bills · 16 months to Oct 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.
−4.9%
16 months · trough Oct 2026
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.
0.98
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.

FMP measures it over up to five years of monthly returns.

JMTG Cost

Compare JMTG and VMBS

Overpaying vs VMBS, tied cheapest in Mortgage-Backed Securities

$6,875

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JMTG 0.37%

    $7,513

  • VMBS 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • JMTG 0.37%
  • VMBS 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530JMTG $7,513VMBS $638

Year by year

YearJMTGVMBSOverpaying
10$670$55$615
20$2,590$216$2,374
30$7,513$638$6,875

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