Skip to content
etf.net

JOYT

GradeANASDAQ Global Market

JPMorgan Equity and Options Total Return ETF

Option Income · J.P. Morgan · Inception 2025-08-18

$59.45−0.17 (−0.29%)

As of Sep 23, 2026, 2:16 PM EDT

History starts Aug 19, 2025.
Intraday session: down, 13 prints from 59.62 to 59.45. Range 59.39 to 59.60. Use the arrow keys to read each point.$59.40$59.50$59.55$59.6010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$110M
1Y return
+16.3%
Yield · Last 12 months
Data unavailable
Holdings
113
Volume · 30D
0M sh
NAV per share
$59.61
52W range
low $50.85high $60.77

The ETF.net JOYT Grade

A

78/ 100

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

Confidence High

Six-pillar profile for JOYT. Scores out of 100: Cost 87, Risk 71, Mission 100, Tradability 46, Holdings 68, Durability 58. Strongest: Mission (100). Weakest: Tradability (46). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 78 of 100 sits in the A 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 87
    Category rank3/16 · top 19%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/8 · top 25%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 71
    Category rank3/12 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 46
    Category rank8/16 · top 50%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 68
    Category rank7/15 · top 47%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 58
    Category rank8/16 · top 50%

Graded as of Sep 22, 2026

Our read on JOYT

ETF.net Research

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

  1. 010.35% 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.
  2. 02About 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.
  3. 03Sits 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

  1. 01Launched in 2025, so there is no record through a full market cycle yet.
  2. 02Thinly traded with modest assets, so spreads can run wider than at the category's largest funds.
  3. 03Payouts arrive annually or semiannually, not monthly, so the premium is largely working inside the fund rather than landing in your account.

JOYT Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Stocks
Holdings
113
Top-10 weight
43%
Largest holding
NVDA8.8%

Sectors

  • Technology40.0%
  • Financials12.2%
  • Communication9.8%
  • Health Care9.3%
  • Consumer Discr.8.6%
  • Industrials7.3%
  • Cons. Staples4.3%
  • Energy3.7%
  • Utilities2.3%
  • Real Estate1.5%
  • Materials1.0%

Geography

  • United States96.67%
  • Ireland1.92%
  • Netherlands0.97%
  • Sweden0.19%
  • United Kingdom0.17%
  • Switzerland0.07%
The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP COMMON STOCK8.82%43,454$10M828
002AAPLAPPLE INC COMMON STOCK7.40%24,108$8M707
003MSFTMICROSOFT CORP COMMON6.25%13,847$7M792
004GOOGLALPHABET INC-CL A -4.95%15,490$5M704
005AMZNAMAZON.COM INC COMMON4.19%18,092$5M720
006METAMETA PLATFORMS INC2.72%4,473$3M683
007MUMICRON TECHNOLOGY INC2.50%2,698$3M655
008AVGOBROADCOM INC COMMON2.34%7,173$3M732
009—JPMORGAN PRIME MONEY2.14%2,342,696$2M38
010WFCWELLS FARGO & CO COMMON2.10%26,693$2M380
011XOMEXXONMOBIL HOLDINGS CORP1.86%12,420$2M501
012MAMASTERCARD INC COMMON1.64%3,179$2M512
013AMDADVANCED MICRO DEVICES1.54%3,017$2M618
014ABBVABBVIE INC COMMON STOCK1.46%6,046$2M511
015LLYELI LILLY AND COMPANY1.34%1,271$1M569

Showing 1–15 of 114 holdings

JOYT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

JOYT$11,634
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. JOYT $11,634. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for JOYT. Periods over one year show the average yearly return.
PeriodJOYT
Year to date+10.0%
1 month+0.9%
3 months+4.8%
1 year+16.3%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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+10.0%
2025+9.6%

History from Aug 19, 2025

JOYT in the news

ETF.net Research hasn’t filed on JOYT yet — coverage lands here as it’s written.

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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 4 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. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
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

JOYT Risk

How much the fund’s monthly returns vary, scaled to a year.
7.4%
Annualised · 12 months to Aug 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.
1.85
vs 3-month T-bills · 12 months to Aug 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%
13 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.

JOYT Cost

Expense ratio0.35%
  • The middle half of S&P 500 Active Option Income funds
  • Median 0.55%

1 of the 15 S&P 500 Active Option Income funds charge less.

JOYT costs $35.00 a year on $10,000. The median S&P 500 Active Option Income fund costs $55.00.