JPMorgan Diversified Return U.S. Small Cap Equity ETF
$57.23−0.47 (−0.82%)
- Expense ratio
- 0.29%
- Fund size
- $577M
- 1Y return
- +15.9%
- Yield · Last 12 months
- 1.37%
- Holdings
- 549
- Volume · 30D
- 0M sh
- NAV per share
- $57.71
- 52W range
The ETF.net JPSE Grade
Score 59 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.BScore 57Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 87Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 30Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 87Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 60Category rank
Our read on JPSE
BSmall-cap exposure built to a rulebook instead of to market cap: JPMorgan spreads roughly 600 stocks around, aiming for better risk-adjusted results than a cap-weighted index, at 0.29% a year.
The fund seeks U.S. small-cap equity exposure while pursuing potentially better risk-adjusted returns than a market-cap-weighted index.
Why people hold it
- 0.29% a year, well under the typical fee in its US small-cap peer group. Cost is the one input you control up front, and this one is priced like an index fund.
- Roughly 600 holdings, so no single small-cap stumble drives the fund. Spreading risk is the design, not a byproduct.
- The mandate is explicit: chase small-cap returns without inheriting a cap-weighted index's concentration in whatever the market has already bid up.
- Running since 2016 and one of the stronger implementations in a crowded small-cap field. It also pays out quarterly.
Worth knowing
- It trades thinly next to the big index small-cap names, so spreads can widen. Limit orders are the standard tool for funds that trade like this.
- Not the cheapest strong option here: DUHP charges 0.20%, AVUV and AVSC 0.25%.
- Weighting by rules rather than size means stretches where it looks nothing like the Russell 2000, up or down. That gap is the point, but it can test patience.
JPSE Holdings
- Stocks
- 549
- 4%
- JPMORGAN U.S. GOVERNMENT
Sectors
- Real Estate13.6%
- Industrials11.7%
- Financials11.7%
- Health Care10.9%
- Technology10.8%
- Materials9.5%
- Energy8.3%
- Cons. Staples8.1%
- Consumer Discr.7.6%
- Utilities4.7%
- Communication3.0%
Geography
- United States93.32%
- Bermuda2.93%
- Canada0.63%
- Ireland0.48%
- Monaco0.48%
- United Kingdom0.35%
- Cayman Islands0.31%
- Switzerland0.31%
- 1.18%
JPSE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | JPSE |
|---|---|
| Year to date | +15.8% |
| 1 month | −3.9% |
| 3 months | −2.6% |
| 1 year | +15.9% |
| 3 years | +15.5% |
| 5 years | +7.7% |
| 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 | JPSE |
|---|---|---|
| 2026 YTD | +15.8% | |
| 2025 | +8.8% | |
| 2024 | +8.1% | |
| 2023 | +15.9% | |
| 2022 | −14.4% | |
| 2021 | +29.3% | |
| 2020 | +12.4% |
JPSE in the news
ETF.net Research hasn’t filed on JPSE yet — coverage lands here as it’s written.
JPSE Dividends
- 1.37%
- $0.79
- $0.17 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2026 | Jun 25, 2026 | $0.17 |
| Mar 24, 2026 | Mar 26, 2026 | $0.08 |
| Dec 23, 2025 | Dec 26, 2025 | $0.32 |
| Sep 23, 2025 | Sep 25, 2025 | $0.22 |
| Jun 24, 2025 | Jun 26, 2025 | $0.17 |
| Mar 25, 2025 | Mar 27, 2025 | $0.10 |
| Dec 24, 2024 | Dec 27, 2024 | $0.29 |
| Sep 24, 2024 | Sep 26, 2024 | $0.20 |
| Jun 25, 2024 | Jun 27, 2024 | $0.19 |
| Mar 19, 2024 | Mar 22, 2024 | $0.09 |
| Dec 19, 2023 | Dec 22, 2023 | $0.32 |
| Sep 19, 2023 | Sep 22, 2023 | $0.18 |
JPSE Risk
- 17.5%
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.
- 0.59
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.
- −25.6%
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.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JPSE Cost
- The middle half of US Multifactor funds
- Median 0.30%
40 of the 98 US Multifactor funds charge less.