JPMorgan Equity and Options Total Return ETF
$60.19−0.01 (−0.01%)
- 0.35%
- $114M
- +19.3%
- 0.75%
- 0M sh
- $60.18
- low $51.02high $60.77
The ETF.net JOYT Grade
A
Score 76 out of 100
- 1 of 16
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 100Rank 2 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B69 out of 100Rank 3 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 11 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B69 out of 100Rank 6 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 8 of 16
Our read on JOYT
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.
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
- Stocks
- 115
- 44%
- NVDA
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 States96.58%
- Ireland1.97%
- Netherlands1.02%
- Sweden0.18%
- United Kingdom0.17%
- Switzerland0.07%
JOYT 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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JOYT$11,933
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 | JOYT |
|---|---|
| Year to date | +11.2% |
| 1 month | +1.7% |
| 3 months | +4.4% |
| 1 year | +19.3% |
| 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 | JOYT |
|---|---|---|
| 2026 YTD | +11.2% | |
| 2025 | +9.6% |
JOYT in the news
JOYT Dividends
- 0.75%
- $0.45
- $0.11 per share
- Quarterly
Distribution history
JOYT Risk
- 7.2%
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.
- 1.76
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.
- −7.0%
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.
- 0.49
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
0.35%
JOYT0.35%
- 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.
Other funds in S&P 500 Active Option Income
- AJEPIJPMorgan Equity Premium Income ETFExpense ratio 0.35%1 year return +10.2%
- AROCYJPMorgan Equity Premium Yield ETFExpense ratio 0.35%1 year return —
- ADUBSAptus Large Cap Enhanced Yield ETFExpense ratio 0.41%1 year return +25.3%
- ASPINState Street US Equity Premium Income ETFExpense ratio 0.25%1 year return +14.8%
- ADIVOAmplify CWP Enhanced Dividend Income ETFExpense ratio 0.56%1 year return +16.6%