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JPUS

GradeANew York Stock Exchange Arca

JPMorgan Diversified Return U.S. Equity ETF

Factor & Screened Index · J.P. Morgan · Inception 2015-09-29 · SEC filings

$137.81−0.98 (−0.70%)

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

Intraday session: down, 69 prints from 138.79 to 137.81. Range 137.74 to 138.62. Use the arrow keys to read each point.$138.00$138.20$138.40$138.6010 AM12 PM2 PM4 PM
Expense ratio
0.18%
Fund size
$458M
1Y return
+14.8%
Yield · Last 12 months
2.02%
Holdings
369
Volume · 30D
0M sh
NAV per share
$138.73
52W range
low $120.16high $146.35

The ETF.net JPUS Grade

A

69/ 100

Rank 25 of 99 in US Multifactor

Confidence High

Six-pillar profile for JPUS. Scores out of 100: Cost 76, Risk 78, Mission 81, Tradability 27, Holdings 82, Durability 63. Strongest: Holdings (82). Weakest: Tradability (27). No single pillar leads.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 69 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.
    AScore 76
    Category rank25/99 · top 25%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 81
    Category rank48/86 · mid-pack
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 78
    Category rank12/96 · top 13%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 27
    Category rank81/99 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 82
    Category rank12/98 · top 12%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 63
    Category rank36/99 · top 36%

Graded as of Sep 22, 2026

Our read on JPUS

ETF.net Research

AMost US equity funds start from market cap. JPUS starts from a J.P. Morgan index that spreads its bets across value, quality and momentum, and charges roughly half the typical multifactor fee to do it.

Stated mandate

The fund seeks domestic equity exposure while aiming for better risk-adjusted returns than a market-cap-weighted index.

Why people hold it

  1. 010.18% a year against a 0.32% median for its multifactor peer group. The factor tilt costs less here than on most of the shelf.
  2. 02Three factors (value, quality, momentum) spread across roughly 400 stocks, so no single style has to be in favor for the portfolio to do its job.am.jpmorgan.com
  3. 03Running its own index since 2015, with a stated aim of better risk-adjusted returns than a market-cap-weighted benchmark rather than raw beat-the-market bragging.am.jpmorgan.com
  4. 04The underlying basket is one of the better-built ones in its multifactor cohort, and the fund sits in the upper half of that group overall.

Worth knowing

  1. 01Thinly traded next to the household names in the category, so spreads and order size matter more at the moment you hit the button.
  2. 02Plainer peers undercut it on fee: VONV at 0.06%, VYM at 0.04%. The multifactor machinery is what the extra basis points buy.
  3. 03Built to look different from the cap-weighted market, which cuts both ways depending on which stocks are leading.

JPUS Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Stocks
Holdings
369
Top-10 weight
4%
Largest holding
HPE0.5%

Sectors

  • Health Care12.0%
  • Cons. Staples11.4%
  • Real Estate10.9%
  • Technology10.2%
  • Utilities9.8%
  • Industrials9.1%
  • Financials8.7%
  • Consumer Discr.8.3%
  • Materials7.4%
  • Energy7.4%
  • Communication4.9%

Geography

  • United States95.86%
  • Ireland1.48%
  • Switzerland0.69%
  • United Kingdom0.48%
  • Bermuda0.43%
  • Luxembourg0.41%
  • Puerto Rico0.33%
  • Netherlands0.31%
The fund’s holdings, weight-ordered — page 1 of 25.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001HPEHEWLETT PACKARD0.48%36,182$2M379
002VLOVALERO ENERGY CORP0.46%5,075$2M395
003MPCMARATHON PETROLEUM CORP0.45%4,838$2M391
004SWKSSKYWORKS SOLUTIONS INC0.44%22,727$2M265
005PSXPHILLIPS 66 COMMON STOCK0.44%7,376$2M368
006AAPLAPPLE INC COMMON STOCK0.43%5,897$2M707
007APAAPA CORP COMMON STOCK0.43%43,989$2M283
008DGXQUEST DIAGNOSTICS INC0.42%7,934$2M306
009PMPHILIP MORRIS0.42%10,343$2M412
010LITELUMENTUM HOLDINGS INC0.42%2,092$2M385
011XOMEXXONMOBIL HOLDINGS CORP0.42%11,899$2M501
012ETNEATON CORP PLC COMMON0.42%4,580$2M259
013ANETARISTA NETWORKS INC0.42%9,710$2M490
014DVNDEVON ENERGY CORP COMMON0.41%39,148$2M353
015ADMARCHER-DANIELS-MIDLAND0.41%22,235$2M337

Showing 1–15 of 372 holdings

JPUS Performance

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

JPUS$11,483
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. JPUS $11,483. SPY $11,723. Use the arrow keys to read each point.$9,330$10,787$12,244Sep 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 JPUS. Periods over one year show the average yearly return.
PeriodJPUS
Year to date+13.0%
1 month−4.3%
3 months+0.2%
1 year+14.8%
3 years+15.9%per year
5 years+9.7%per year
10 years+11.2%per 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 JPUS
YearReturn barJPUS
2026 YTD+13.0%
2025+11.2%
2024+13.5%
2023+11.0%
2022−8.5%
2021+29.1%
2020+7.5%

JPUS in the news

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

JPUS 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.
2.02%Last 12 months
Payout per share
$2.80Last 12 months
Last payment
$0.68 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 35 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.88; Mar 21, 2018 $0.22; Jun 26, 2018 $0.35; Sep 25, 2018 $0.42; Dec 24, 2018 $0.42; Mar 20, 2019 $0.27; Jun 25, 2019 $0.44; Sep 24, 2019 $0.35; Dec 23, 2019 $0.61; Mar 24, 2020 $0.32; Jun 23, 2020 $0.44; Sep 22, 2020 $0.37; Dec 22, 2020 $0.49; Mar 23, 2021 $0.29; Jun 22, 2021 $0.37; Sep 21, 2021 $0.41; Dec 21, 2021 $0.69; Mar 22, 2022 $0.35; Jun 21, 2022 $0.52; Sep 20, 2022 $0.53; Dec 20, 2022 $0.83; Mar 21, 2023 $0.36; Jun 20, 2023 $0.59; Sep 19, 2023 $0.57; Dec 19, 2023 $0.80; Mar 19, 2024 $0.38; Jun 25, 2024 $0.63; Sep 24, 2024 $0.59; Dec 24, 2024 $0.82; Mar 25, 2025 $0.54; Jun 24, 2025 $0.69; Sep 23, 2025 $0.68; Dec 23, 2025 $0.90; Mar 24, 2026 $0.54; Jun 23, 2026 $0.68. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 23, 2026Jun 25, 2026$0.68
Mar 24, 2026Mar 26, 2026$0.54
Dec 23, 2025Dec 26, 2025$0.90
Sep 23, 2025Sep 25, 2025$0.68
Jun 24, 2025Jun 26, 2025$0.69
Mar 25, 2025Mar 27, 2025$0.54
Dec 24, 2024Dec 27, 2024$0.82
Sep 24, 2024Sep 26, 2024$0.59
Jun 25, 2024Jun 27, 2024$0.63
Mar 19, 2024Mar 22, 2024$0.38
Dec 19, 2023Dec 22, 2023$0.80
Sep 19, 2023Sep 22, 2023$0.57

JPUS Risk

How much the fund’s monthly returns vary, scaled to a year.
12.0%
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.
0.90
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.
−19.0%
Trough Sep 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.
0.67
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.

JPUS Cost

Expense ratio0.18%
  • The middle half of US Multifactor funds
  • Median 0.30%

24 of the 98 US Multifactor funds charge less.

JPUS costs $18.00 a year on $10,000. The median US Multifactor fund costs $30.00.