Skip to content

JPIB

GradeCNew York Stock Exchange Arca

JPMorgan International Bond Opportunities ETF

Core US Bond · J.P. Morgan · Inception 2017-04-05

$47.01−0.32 (−0.67%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 47 prints from 47.32 to 47.01. Range 46.95 to 47.21. Use the arrow keys to read each point.$47.10$47.2010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$2.2B
1Y return
+1.0%
Yield · Last 12 months
4.79%
Holdings
1067
Volume · 30D
0.2M sh
NAV per share
$47.10
52W range
low $46.95high $49.42

The ETF.net JPIB Grade

C

51/ 100

Rank 79 of 118 in US Aggregate Bond

Confidence High

Six-pillar profile for JPIB. Scores out of 100: Cost 20, Risk 62, Mission 77, Tradability 44, Holdings 69, Durability 73. Strongest: Mission (77). Weakest: Cost (20). Leans toward Mission and Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 of 100 sits in the C 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.
    FScore 20
    Category rank95/118 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 77
    Category rank85/100 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 62
    Category rank23/117 · top 20%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 44
    Category rank69/118 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 69
    Category rank37/117 · top 32%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 73
    Category rank29/118 · top 25%

Graded as of Sep 22, 2026

Our read on JPIB

ETF.net Research

CMost funds in this aisle track an index and stay put. JPIB goes the other way: an active, go-anywhere portfolio of non-US debt that roams developed and emerging markets, and currencies, without a benchmark leash.

Stated mandate

The fund seeks total return through a diversified international bond portfolio. It invests actively across bond and currency sectors in developed and emerging markets outside the U.S., without benchmark constraints.

Why people hold it

  1. 01No benchmark handcuffs. Managers shift across bond and currency sectors in developed and emerging markets outside the U.S., chasing total return instead of copying an index.am.jpmorgan.com
  2. 02Wide net under the hood: roughly a thousand positions across ex-US developed and emerging debt, so no single issuer or country steers the whole boat.
  3. 03Income arrives monthly, not once a quarter, and the fund has been running since 2017 with multi-billion-dollar scale behind it.

Worth knowing

  1. 01Active talent costs money: 0.50% a year, above the typical aggregate-bond ETF and far above index routes to foreign debt like BNDX at 0.07%.
  2. 02Its yardstick is the USD-hedged Bloomberg Multiverse ex-USA index, but currency is an active lever here, so the ride can look nothing like that benchmark.
  3. 03Trading is moderate rather than heavy, so bid-ask spreads can run wider than the index giants that dominate this category.

JPIB Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Bonds
Holdings
1,067
Top-10 weight
24%
Largest holding
FEDERAL 2.1% 03/283.7%

Sectors

  • Financials20.7%
  • Health Care13.4%
  • Technology12.9%
  • Industrials11.2%
  • Communication10.0%
  • Cons. Staples8.4%
  • Consumer Discr.6.1%
  • Energy6.1%
  • Utilities4.4%
  • Real Estate4.0%
  • Materials2.8%

Geography

  • United States16.04%
  • Germany11.98%
  • United Kingdom9.53%
  • France8.84%
  • Canada5.52%
  • Netherlands5.40%
  • Italy5.06%
  • Luxembourg4.80%
  • Other countries (56)32.83%

Developed 77% · Emerging 23% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 66.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001FEDERAL 2.1% 03/283.74%72,340,000$82M2
002CANADA BOND 1% 06/273.51%108,810,000$77M1
003JPMORGAN U.S. GOVERNMENT3.43%75,114,711$75M26
004CANADA BOND 3% 02/273.41%104,325,000$75M1
005CANADA BOND 1.25% 03/272.42%74,340,000$53M1
006FEDERATIVE 10% 01/312.00%250,000,000$44M2
007COMMONWEALTH 1.25% 05/321.68%63,168,000$37M1
008FEDERAL 2.9% 02/361.53%30,700,000$34M1
009REPUBLIC OF 13.25% 02/331.16%79,365,600,000$25M2
010REPUBLIC OF 8.5% 01/371.01%369,600,000$22M2
011CANADA BOND 2.5% 05/280.99%30,710,000$22M1
012REPUBLIC OF 9% 01/400.98%354,239,000$21M2
013UNITED STATES 3.5% 02/310.92%21,250,000$20M12
014CURRENCY CONTRACT - USD0.91%-900,017,117,001$20M14
015UNITED 3.875% 03/280.89%19,600,000$19M18

Showing 1–15 of 989 holdings

JPIB Performance

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

JPIB$10,105
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. JPIB $10,105. 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 JPIB. Periods over one year show the average yearly return.
PeriodJPIB
Year to date+0.1%
1 month−0.8%
3 months−1.0%
1 year+1.0%
3 years+5.8%per year
5 years+2.5%per year
10 yearsFund is under 10 years oldper 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 JPIB
YearReturn barJPIB
2026 YTD+0.1%
2025+8.2%
2024+3.5%
2023+8.7%
2022−6.4%
2021+0.1%
2020+7.2%

JPIB in the news

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

JPIB 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.
4.79%Last 12 months
Payout per share
$2.27Last 12 months
Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.08; Mar 1, 2023 $0.18; Apr 3, 2023 $0.08; May 1, 2023 $0.20; Jun 1, 2023 $0.25; Jul 3, 2023 $0.24; Aug 1, 2023 $0.23; Sep 1, 2023 $0.23; Oct 2, 2023 $0.19; Nov 1, 2023 $0.14; Dec 1, 2023 $0.14; Dec 28, 2023 $0.13; Feb 1, 2024 $0.15; Mar 1, 2024 $0.12; Apr 1, 2024 $0.19; May 1, 2024 $0.17; Jun 3, 2024 $0.19; Jul 1, 2024 $0.18; Aug 1, 2024 $0.19; Sep 3, 2024 $0.18; Oct 1, 2024 $0.22; Nov 1, 2024 $0.19; Dec 2, 2024 $0.18; Dec 31, 2024 $0.19; Feb 3, 2025 $0.18; Mar 3, 2025 $0.19; Apr 1, 2025 $0.20; May 1, 2025 $0.20; Jun 2, 2025 $0.18; Jul 1, 2025 $0.18; Aug 1, 2025 $0.18; Sep 2, 2025 $0.20; Oct 1, 2025 $0.20; Nov 3, 2025 $0.18; Dec 1, 2025 $0.19; Dec 31, 2025 $0.26; Feb 2, 2026 $0.19; Mar 2, 2026 $0.19; Apr 1, 2026 $0.19; May 1, 2026 $0.27; Jun 1, 2026 $0.17; Jul 1, 2026 $0.15; Aug 3, 2026 $0.14; Sep 1, 2026 $0.14. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.14
Aug 3, 2026Aug 5, 2026$0.14
Jul 1, 2026Jul 6, 2026$0.15
Jun 1, 2026Jun 3, 2026$0.17
May 1, 2026May 5, 2026$0.27
Apr 1, 2026Apr 6, 2026$0.19
Mar 2, 2026Mar 4, 2026$0.19
Feb 2, 2026Feb 4, 2026$0.19
Dec 31, 2025Jan 5, 2026$0.26
Dec 1, 2025Dec 3, 2025$0.19
Nov 3, 2025Nov 5, 2025$0.18
Oct 1, 2025Oct 3, 2025$0.20

JPIB Risk

How much the fund’s monthly returns vary, scaled to a year.
4.3%
Annualised · 36 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.
0.28
vs 3-month T-bills · 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.
−11.7%
Trough Oct 2022
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.
0.66
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.

JPIB Cost

Expense ratio0.50%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

91 of the 112 US Aggregate Bond funds charge less.

JPIB costs $50.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.