JPMorgan Ultra-Short Income ETF
$50.31+0.02 (+0.04%)
- 0.18%
- $42.5B
- +3.5%
- 4.14%
- 6.8M sh
- $50.28
- low $50.20high $50.79
The ETF.net JPST Grade
A
Score 73 out of 100
- 18 of 78
Score 73 of 100 falls in the A 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.B56 out of 100Rank 31 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 37 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 18 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A91 out of 100Rank 4 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A88 out of 100Rank 7 of 78
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
- 823
- 11%
- JPMorgan U.s. Government
Geography
- United States55.34%
- Canada9.84%
- United Kingdom5.54%
- Cayman Islands5.24%
- France3.65%
- Japan2.59%
- Germany2.58%
- Spain2.48%
- 12.73%
Developed 86% · Emerging 14%
JPST 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.
JPST$10,349
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 | JPST |
|---|---|
| Year to date | +2.5% |
| 1 month | +0.2% |
| 3 months | +0.7% |
| 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 | +2.5% | |
| 2025 | +5.0% | |
| 2024 | +5.6% | |
| 2023 | +5.1% | |
| 2022 | +1.1% | |
| 2021 | +0.1% | |
| 2020 | +2.2% |
JPST in the news
JPST Dividends
- 4.14%
- $2.08
- $0.17 per share
- Monthly
Distribution history
JPST Risk
- 0.6%
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.
- 0.71
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.
- −0.7%
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
0.18%
JPST0.18%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
33 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- ADUSBDimensional Ultrashort Fixed Income ETFExpense ratio 0.15%1 year return +3.6%
- ABILZPIMCO Ultra Short Government Active Exchange-Traded FundExpense ratio 0.14%1 year return +3.7%
- ASBILSimplify Government Money Market ETFExpense ratio 0.15%1 year return +3.7%
- ATBILF/m US Treasury 3 Month Bill FundExpense ratio 0.15%1 year return +3.7%
- AFLUDFranklin Ultra Short Bond ETFExpense ratio 0.15%1 year return +3.5%