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JPFP

GradeBNASDAQ Global Market

JPMorgan Managed Futures Plus ETF

Multi-Asset & Alternatives · J.P. Morgan · Inception 2026-05-27

$53.00+0.13 (+0.25%)

As of Sep 23, 2026, 2:25 PM EDT

History starts May 27, 2026.History starts May 27, 2026.History starts May 27, 2026.
Intraday session: up, 12 prints from 52.87 to 53.00. Range 52.81 to 53.12. Use the arrow keys to read each point.$52.80$52.90$53.1010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$129M
1Y return
—
Yield · Last 12 months
—
Holdings
395
Volume · 30D
0M sh
NAV per share
$52.81
52W range
low $47.79high $53.09

The ETF.net JPFP Grade

B

69/ 100

Rank 2 of 16 in Managed Futures⁠

Confidence Medium

Six-pillar profile for JPFP. Scores out of 100: Cost 100, Risk 50, Mission not scored, Tradability 35, Holdings not scored, Durability 45. Strongest: Cost (100). Weakest: Tradability (35). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 69 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 100
    Category rank1/16 · top 6%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 50
    Category rank8/15 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 35
    Category rank10/16 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 45
    Category rank10/16 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on JPFP

ETF.net Research

BMost managed futures ETFs make you sell stocks to make room. JPFP stacks instead: full large-cap U.S. equity exposure plus an active long/short trend program across global equities, bonds, currencies and commodities, for 0.59%.

Stated mandate

The fund seeks capital appreciation by combining an active managed futures strategy with a U.S. large-cap equity strategy in one investment. The managed-futures component uses derivatives for long or short exposure across global equities, fixed income, commodities, and currencies.

Why people hold it

  1. 01Stacked, not swapped. Derivatives let the fund carry broad large-cap U.S. equity exposure while the managed futures sleeve runs alongside it in the same wrapper.am.jpmorgan.com
  2. 02At 0.59% it comes in below the typical managed futures ETF fee and under the top-scoring names in the group, including WTMF at 0.65% and DBMF at 0.85%.
  3. 03The trend sleeve can go long or short global equities, fixed income, currencies and commodities, so it is not locked to the direction of any single market.am.jpmorgan.com
  4. 04Built by J.P. Morgan's Multi-Asset Solutions team, which ran this stacking approach in its own portfolios before putting it in an ETF. One of the stronger builds in a crowded niche.am.jpmorgan.com

Worth knowing

  1. 01The live record starts at the 2026 launch, and the fund is still building assets and volume, so spreads can run wider than at the category's biggest names.
  2. 02Both engines use derivatives, and both can go against you at once. Trend models are designed to follow moves, so sharp reversals can whipsaw the futures sleeve.am.jpmorgan.com
  3. 03Fully active with proprietary models and no benchmark index to check it against, so outcomes ride on the manager's signals rather than a published rulebook.am.jpmorgan.com

JPFP Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Stocks
Holdings
395
Top-10 weight
61%
Largest holding
CASH32.6%

Sectors

  • Technology38.6%
  • Financials15.2%
  • Industrials14.2%
  • Communication13.6%
  • Consumer Discr.6.5%
  • Health Care6.4%
  • Energy3.9%
  • Materials1.1%
  • Utilities0.3%
  • Cons. Staples0.2%
  • Real Estate0.0%

Geography

  • United States97.88%
  • Ireland1.23%
  • Singapore0.32%
  • Switzerland0.31%
  • Bermuda0.09%
  • Netherlands0.09%
  • United Kingdom0.07%
  • Canada0.02%
The fund’s holdings, weight-ordered — page 1 of 28.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CASH32.62%40,266,491$40M414
002NVDANVIDIA CORP COMMON STOCK4.98%27,654$6M828
003AAPLAPPLE INC COMMON STOCK4.58%16,806$6M707
004—JPMORGAN U.S. GOVERNMENT4.46%5,508,181$6M26
005MSFTMICROSOFT CORP COMMON3.39%8,464$4M792
006—COLLATERAL USD2.96%3,650,000$4M32
007GOOGLALPHABET INC-CL A -2.47%8,734$3M704
008GOOGALPHABET INC-CL C -1.96%7,029$2M471
009METAMETA PLATFORMS INC1.75%3,240$2M683
010AMZNAMAZON.COM INC COMMON1.70%8,255$2M720
011AVGOBROADCOM INC COMMON1.57%5,414$2M732
012BRK-BBERKSHIRE HATHAWAY INC1.30%3,138$2M359
013MUMICRON TECHNOLOGY INC1.09%1,319$1M655
014AMDADVANCED MICRO DEVICES0.86%1,890$1M618
015VVISA INC COMMON STOCK0.85%2,850$1M550

Showing 1–15 of 420 holdings

JPFP Performance

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

JPFP$10,620
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. JPFP $10,620. SPY $10,415. Use the arrow keys to read each point.$9,519$10,110$10,702Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 JPFP. Periods over one year show the average yearly return.
PeriodJPFP
Year to dateFund launched this year—
1 month+3.7%
3 months+6.2%
1 yearFund is under 1 year old—
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 JPFP
YearReturn barJPFP
2026 YTD+5.8%

Since listing, May 27, 2026

JPFP in the news

JPFP 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.
—Last 12 months
Payout per share
—Last 12 months

Listed May 2026. No distributions yet.

JPFP Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
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.
—
Launched May 2026; fills in after 12 months
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.
—
Launched May 2026; fills in after 12 months
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.
1.19
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.

JPFP Cost

Expense ratio0.59%
  • The middle half of Managed Futures funds
  • Median 0.85%

No Managed Futures fund charges less.

JPFP costs $59.00 a year on $10,000. The median Managed Futures fund costs $85.00.