First-Year Review
Hartford Dynamic Bond ETF's first year: coupons covered a 3.9% slide
JPMorgan Income ETF
$44.80−0.01 (−0.02%)
- 0.40%
- $11.1B
- +2.6%
- 5.72%
- 1.6M sh
- $44.62
- low $44.58high $46.61
The ETF.net JPIE Grade
B
Score 59 out of 100
- 61 of 117
Score 59 of 100 falls in the B 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.D37 out of 100Rank 68 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.A72 out of 100Rank 90 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A89 out of 100Rank 3 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 49 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 66 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 20 of 117
Our read on JPIE
BA go-anywhere bond fund whose stated job is income first, capital appreciation second, spread across roughly 2,600 positions in debt markets and paying monthly. No index to hug, and priced accordingly.
The fund seeks to provide income, with capital appreciation as a secondary objective, by investing across debt markets.
Why people hold it
- Income is the stated mission, with capital appreciation only the secondary goal, and the payout lands monthly.am.jpmorgan.com
- Roughly 2,600 bond positions across debt markets, so no single issuer decides the outcome.
- Risk control is one of its stronger suits among aggregate-bond peers, and it lands in the upper half of that group overall.
- A multi-billion-dollar fund that trades actively, run by J.P. Morgan.
Worth knowing
- At 0.39%, it costs more than the typical fund in its group and well more than 0.03% index giants like BND and SPAB. Bond picking carries a price tag.
- No declared index to hug. It roams debt markets on the manager's call, so it can behave differently from a total-bond tracker in any given stretch.
- Launched in 2021, so the track record is short by bond-fund standards.
JPIE Holdings
- Bonds
- 2,728
- 25%
- Tba GNMA2 6.5% 12/34
Geography
- United States67.60%
- Mexico3.02%
- Canada2.43%
- Argentina1.74%
- Ecuador1.74%
- Ivory Coast1.51%
- United Kingdom1.42%
- Colombia1.28%
- 19.25%
JPIE Performance
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.
JPIE$10,257
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 | JPIE |
|---|---|
| Year to date | +0.9% |
| 1 month | −0.9% |
| 3 months | −0.9% |
| 1 year | +2.6% |
| 3 years | +6.6% |
| 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 | JPIE |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +7.4% | |
| 2024 | +6.3% | |
| 2023 | +7.1% | |
| 2022 | −6.1% | |
| 2021 | +0.3% |
JPIE in the news
Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
Head-to-Head
iShares Core U.S. Aggregate Bond ETF and Vanguard Total Bond Market ETF have returned almost the same
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
JPIE Dividends
- 5.72%
- $2.56
- $0.22 per share
- Monthly
Distribution history
JPIE Risk
- 2.8%
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.
- 0.66
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.
- −10.0%
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.
- 0.42
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JPIE Cost
0.40%
JPIE0.40%
- The middle half of US Aggregate Bond funds
- Median 0.34%
71 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- BAPCBActivePassive Core Bond ETFExpense ratio 0.36%1 year return −1.7%
- BCPAGF/m Compoundr U.S. Aggregate Bond ETFExpense ratio 0.31%1 year return −2.7%
- BDBNDDoubleLine Opportunistic Core Bond ETFExpense ratio 0.45%1 year return −2.1%
- BPTRBPGIM Total Return Bond ETFExpense ratio 0.49%1 year return −1.9%
- BSCECSterling Capital Enhanced Core Bond ETFExpense ratio 0.39%1 year return −2.1%