JPMorgan Ultra-Short Income ETF
$50.34−0.03 (−0.06%)
- Expense ratio
- 0.18%
- Fund size
- $41.9B
- 1Y return
- +3.5%
- Yield · Last 12 months
- 4.16%
- Holdings
- 802
- Volume · 30D
- 6.5M sh
- NAV per share
- $50.37
- 52W range
The ETF.net JPST Grade
Score 72 of 100 sits in the A 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 56Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 72Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 84Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 88Category rank
Our read on JPST
AAn actively managed cash parking lot: JPST spreads short-term money across roughly 800 investment-grade bonds, floaters included, pays monthly, and has grown into one of the giants of the ultra-short aisle.
JPST seeks current income while aiming to keep principal volatility low. It invests mainly in investment-grade, U.S.-dollar-denominated fixed, variable and floating-rate debt.
Why people hold it
- Roughly 800 investment-grade, dollar-denominated positions across fixed, variable and floating-rate debt, so no single issuer carries the load.
- A multi-billion-dollar fund and one of the most actively traded names in the cash-alternative group, which usually means tight spreads on the way in and out.
- 0.18% a year, a shade under the category median, with income paid monthly.
- Running since 2017, and one of the stronger implementations in its peer group.
Worth knowing
- It measures itself against 3-month Treasury bills but reaches into corporate and floating-rate credit to get paid, so it carries credit risk a pure Treasury fund does not.
- The share price floats. The mandate aims to keep principal volatility low, not to hold a fixed value.
- Cheaper shelf-mates exist in the same aisle: ICSH charges 0.08%.
JPST Holdings
- Bonds
- 802
- 15%
- JPMORGAN U.S. GOVERNMENT
Geography
- United States67.67%
- Canada10.61%
- United Kingdom5.01%
- France4.48%
- Netherlands3.05%
- Spain2.57%
- Ireland1.83%
- Japan1.73%
- 3.05%
JPST 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 | JPST |
|---|---|
| Year to date | +2.3% |
| 1 month | +0.0% |
| 3 months | +0.8% |
| 1 year | +3.5% |
| 3 years | +4.9% |
| 5 years | +3.8% |
| 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 | JPST |
|---|---|---|
| 2026 YTD | +2.3% | |
| 2025 | +5.0% | |
| 2024 | +5.6% | |
| 2023 | +5.1% | |
| 2022 | +1.1% | |
| 2021 | +0.1% | |
| 2020 | +2.2% |
JPST in the news
ETF.net Research hasn’t filed on JPST yet — coverage lands here as it’s written.
JPST Dividends
- 4.16%
- $2.10
- $0.17 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.17 |
| Aug 3, 2026 | Aug 5, 2026 | $0.17 |
| Jul 1, 2026 | Jul 6, 2026 | $0.17 |
| Jun 1, 2026 | Jun 3, 2026 | $0.17 |
| May 1, 2026 | May 5, 2026 | $0.18 |
| Apr 1, 2026 | Apr 6, 2026 | $0.17 |
| Mar 2, 2026 | Mar 4, 2026 | $0.16 |
| Feb 2, 2026 | Feb 4, 2026 | $0.17 |
| Dec 31, 2025 | Jan 5, 2026 | $0.18 |
| Dec 1, 2025 | Dec 3, 2025 | $0.18 |
| Nov 3, 2025 | Nov 5, 2025 | $0.18 |
| Oct 1, 2025 | Oct 3, 2025 | $0.19 |
JPST Risk
- 0.5%
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.
- 0.88
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.
- −0.8%
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.
- 0.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JPST Cost
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
33 of the 77 Cash & Ultra-Short Income funds charge less.