Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
JPMorgan Short Duration Core Plus ETF
$46.000.00 (0.00%)
- 0.33%
- $1.8B
- +1.2%
- 4.53%
- 0.3M sh
- $45.98
- low $45.77high $47.87
The ETF.net JSCP Grade
B
Score 64 out of 100
- 50 of 117
Score 64 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.C50 out of 100Rank 58 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.A76 out of 100Rank 87 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A79 out of 100Rank 9 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 42 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 42 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 40 of 117
Our read on JSCP
BMost funds in the bond aisle just track an index. JSCP goes the other way: an actively managed short-duration portfolio that starts in investment grade, can roam across sectors for total return, and pays monthly.
The fund primarily invests in investment-grade fixed-income securities but may allocate more broadly across sectors. Its multi-sector strategy seeks diversified total return while managing risk.
Why people hold it
- Active by design: an investment-grade core that can shift across fixed-income sectors, aiming at diversified total return while managing risk.
- At 0.33% a year it comes in under the typical fund in its broad-bond peer group (0.36% median), unusual for a manager-run portfolio.
- Short duration is the whole point: rate moves push the price around less than they do a full-maturity core bond portfolio.
- Roughly 1,300 positions inside a multi-billion-dollar fund, with cash going out monthly rather than quarterly.
Worth knowing
- The index heavyweights in this aisle (BND, SPAB, SCHZ) charge 0.03%. Here you pay roughly ten times that for the manager's sector calls.
- "Core plus" means the portfolio can step beyond plain investment-grade sectors, so credit decisions, not just interest rates, shape what happens.
- Live since 2021 and benchmark-flexible, so there is no index scorecard and a shorter history than the core bond funds it sits beside.
JSCP Holdings
- Bonds
- 1,319
- 21%
- United 4.125% 06/29
Geography
- United States70.20%
- United Kingdom6.69%
- Canada5.09%
- France3.70%
- Japan3.27%
- Spain2.64%
- Ireland1.57%
- Netherlands1.25%
- 5.58%
JSCP 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.
JSCP$10,118
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 | JSCP |
|---|---|
| Year to date | 0.0% |
| 1 month | −0.4% |
| 3 months | −0.8% |
| 1 year | +1.2% |
| 3 years | +5.4% |
| 5 years | +2.3% |
| 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 | JSCP |
|---|---|---|
| 2026 YTD | 0.0% | |
| 2025 | +6.9% | |
| 2024 | +5.1% | |
| 2023 | +6.2% | |
| 2022 | −5.8% | |
| 2021 | +0.2% |
JSCP in the news
JSCP Dividends
- 4.53%
- $2.08
- $0.18 per share
- Monthly
Distribution history
JSCP Risk
- 2.6%
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.
- 0.24
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.
- −8.6%
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.
- 0.41
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JSCP Cost
0.33%
JSCP0.33%
- The middle half of US Aggregate Bond funds
- Median 0.34%
54 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- BHCRBHartford Core Bond ETFExpense ratio 0.29%1 year return −2.3%
- BJCPBJPMorgan Core Plus Bond ETFExpense ratio 0.40%1 year return −1.2%
- BBYLDiShares Yield Optimized Bond ETFExpense ratio 0.41%1 year return −0.1%
- BCORBAB Active ETFs, Inc. - AB Core Bond ETFExpense ratio 0.28%1 year return —
- BBLSTBluemonte Short Term Bond ETFExpense ratio 0.28%1 year return 0.0%