JPMorgan Mortgage-Backed Securities ETF
$48.78−0.47 (−0.94%)
- Expense ratio
- 0.24%
- Fund size
- $6.9B
- 1Y return
- +1.0%
- Yield · Last 12 months
- 4.45%
- Holdings
- 2594
- Volume · 30D
- 0.7M sh
- NAV per share
- $49.18
- 52W range
The ETF.net JMTG Grade
Score 66 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.AScore 71Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 57Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 46Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 71Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 90Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
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
- 2,594
- 11%
- 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.
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 | JMTG |
|---|---|
| Year to date | −0.7% |
| 1 month | −1.3% |
| 3 months | −1.4% |
| 1 year | +1.0% |
| 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 | −0.7% | |
| 2025 | +3.9% |
JMTG in the news
ETF.net Research hasn’t filed on JMTG yet — coverage lands here as it’s written.
JMTG Dividends
- 4.45%
- $2.19
- $0.20 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.20 |
| Aug 3, 2026 | Aug 5, 2026 | $0.18 |
| Jul 1, 2026 | Jul 6, 2026 | $0.19 |
| Jun 1, 2026 | Jun 3, 2026 | $0.19 |
| May 1, 2026 | May 5, 2026 | $0.17 |
| Apr 1, 2026 | Apr 6, 2026 | $0.18 |
| Mar 2, 2026 | Mar 4, 2026 | $0.18 |
| Feb 2, 2026 | Feb 4, 2026 | $0.18 |
| Dec 31, 2025 | Jan 5, 2026 | $0.18 |
| Dec 1, 2025 | Dec 3, 2025 | $0.18 |
| Nov 3, 2025 | Nov 5, 2025 | $0.18 |
| Oct 1, 2025 | Oct 3, 2025 | $0.18 |
JMTG Risk
- 3.5%
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.
- −0.07
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.
- −3.4%
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
- The middle half of Mortgage-Backed Securities funds
- Median 0.32%
7 of the 24 Mortgage-Backed Securities funds charge less.