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Launched

JPMorgan Equity and Options Total Return ETF

JOYTNasdaqJ.P. MorganA

$59.08−0.25 (−0.42%)

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

A76/ 100

Rank 2 of 16 in S&P 500 Active Option Income

A76/100Rank 2 of 16inS&P 500 Active Option Income
Intraday session: down, 79 prints from 59.32 to 59.08. Range 59.08 to 59.82. Use the arrow keys to read each point.59.2059.6059.8010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$117M
1Y total return
+12.5%
Yield · Last 12 months
0.76%
Holdings
112
Avg volume · 30D
7.23K sh
52W range
low $51.51high $60.77
Launched

The ETF.net JOYT Grade

A

Score 76 out of 100

Category
S&P 500 Active Option Income⁠
Rank
2 of 16
Six-pillar profile for JOYT. Scores out of 100: Cost 87, Risk 67, Mission 100, Tradability 39, Holdings 68, Durability 60. Strongest: Mission (100). Weakest: Tradability (39). Leans toward Mission.

Score 76 of 100 falls in the A 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.
    A87 out of 100
    Rank 2 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B67 out of 100
    Rank 3 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D39 out of 100
    Rank 11 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B68 out of 100
    Rank 6 of 15

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 8 of 16

Our read on JOYT

ETF.net Research

In short

AJOYT sells options against a concentrated book of large-cap U.S. stocks, but the premium is aimed at total return and lower volatility rather than a monthly paycheck. Distributions land once or twice a year.

Stated mandate

JOYT seeks total return with lower volatility than the overall U.S. large-cap market through dividends, options premium, and capital appreciation. It uses an actively managed portfolio of primarily established large-cap U.S. equities and an options overlay intended to diversify returns and reduce volatility.

Why people hold it

  • 0.35% a year, roughly a third of the median for its active options-overlay peers. Unusual pricing for a fund where a manager is both picking the stocks and writing the options.
  • About 110 large-cap U.S. names, actively chosen, with an options overlay layered on top to diversify returns and damp volatility versus the broad U.S. large-cap market.
  • Sits among the stronger implementations in a crowded field of active options-overlay funds, and the portfolio it actually holds matches the mandate in its documents.

Worth knowing

  • Launched in 2025, so there is no record through a full market cycle yet.
  • Thinly traded with modest assets, so spreads can run wider than at the category's largest funds.
  • Payouts arrive annually or semiannually, not monthly, so the premium is largely working inside the fund rather than landing in your account.

JOYT Holdings

Holdings pillarB68 out of 100Rank 6 of 15 in S&P 500 Active Option Income
Asset class
Stocks
Holdings
112
Top-10 weight
42%
Largest holding
NVDA8.0%

Sectors

  • Technology40.7%
  • Financials11.5%
  • Communication9.9%
  • Health Care9.1%
  • Consumer Discretionary8.5%
  • Industrials7.9%
  • Consumer Staples4.2%
  • Energy3.6%
  • Utilities2.2%
  • Real Estate1.5%
  • Materials1.0%

Geography

  • United States99.54%
  • Netherlands0.46%
The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1NVDANVIDIA Corp Common Stock8.04%46,389$9.37M847
2AAPLApple Inc Common Stock7.46%25,738$8.71M723
3MSFTMicrosoft Corp Common6.43%14,782$7.5M821
4GOOGLAlphabet Inc-Cl A -4.13%17,276$4.82M703
5AMZNAmazon.com Inc Common4.10%19,453$4.78M736
6No dataJPMorgan Prime Money2.90%3,377,011$3.38M40
7METAMeta Platforms Inc Common2.48%4,773$2.9M708
8WFCWells Fargo & Co Common2.13%28,889$2.48M377
9AVGOBroadcom Inc Common2.12%7,658$2.47M749
10MUMicron Technology Inc2.06%2,878$2.4M684
11XOMExxonmobil Holdings Corp2.04%13,260$2.38M527
12MAMastercard Inc Common1.91%3,394$2.23M535
13LLYEli Lilly and Company1.64%1,356$1.91M594
14ABBVAbbVie Inc Common Stock1.60%6,456$1.86M519
15TSLATesla Inc Common Stock1.41%4,087$1.65M527

Showing 1–15 of 112 holdings

JOYT Performance

Launched Aug 18, 2025

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.
JOYT$11,252
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. JOYT $11,252. 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 JOYT. Periods over one year show the average yearly return.
PeriodJOYT
Year to date+9.2%
1 month−0.9%
3 months+1.6%
1 year+12.5%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper 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 JOYT
YearReturn barJOYT
2026 YTD+9.2%
2025+9.6%

History from Aug 19, 2025

JOYT in the news

JOYT 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.
0.76%Last 12 months
Payout per share
$0.45Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 5 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.01; Dec 16, 2025 $0.14; Mar 24, 2026 $0.10; Jun 23, 2026 $0.10; Sep 22, 2026 $0.11. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 24, 2026$0.11
Jun 23, 2026Jun 25, 2026$0.10
Mar 24, 2026Mar 26, 2026$0.10
Dec 16, 2025Dec 18, 2025$0.14
Sep 23, 2025Sep 25, 2025$0.01

$10,000 in JOYT 1 year ago paid $85.19 in dividends.

JOYT Risk

Risk pillarB67 out of 100Rank 3 of 14 in S&P 500 Active Option Income
How much the fund’s monthly returns vary, scaled to a year.
7.0%
Annualised · 14 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.
1.64
vs 3-month T-bills · 14 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.
−7.0%
14 months · trough Mar 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.
0.49
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.

JOYT Cost

Compare JOYT and SPIN

Overpaying vs SPIN, cheapest in S&P 500 Active Option Income

$1,967

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

  • JOYT 0.35%

    $7,126

  • SPIN 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • JOYT 0.35%
  • SPIN 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530JOYT $7,126SPIN $5,159

Year by year

YearJOYTSPINOverpaying
10$634$455$179
20$2,454$1,769$685
30$7,126$5,159$1,967

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