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Launched · SEC filings

JPMorgan U.S. Tech Leaders ETF

JTEKNasdaqJ.P. MorganC

$91.64−2.31 (−2.46%)

At close: Nov 2, 2026, 4:00 PM ET

C49/ 100

Rank 16 of 35 in US Active Sector

C49/100Rank 16 of 35inUS Active Sector
Intraday session: down, 79 prints from 93.95 to 91.64. Range 91.40 to 94.79. Use the arrow keys to read each point.92.5093.0093.5094.5010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$4.31B
1Y total return
−3.0%
Yield · Last 12 months
No data
Holdings
67
Avg volume · 30D
268K sh
52W range
low $75.24high $111.82
Launched
Filings
SEC EDGAR

The ETF.net JTEK Grade

Based on 5 of 6 pillars

C

Score 49 out of 100

Category
US Active Sector⁠
Rank
16 of 35
Six-pillar profile for JTEK. Scores out of 100: Cost 43, Risk 19, Mission not scored, Tradability 64, Holdings 84, Durability 79. Strongest: Holdings (84). Weakest: Risk (19). Based on 5 of 6 pillars.

Score 49 of 100 falls in the C 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.
    C43 out of 100
    Rank 19 of 35

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F19 out of 100
    Rank 33 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 7 of 35

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A84 out of 100
    Rank 4 of 35

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A79 out of 100
    Rank 5 of 35

Our read on JTEK

ETF.net Research

In short

CJ.P. Morgan's stock-picker take on tech: roughly 60 U.S. names where the manager thinks the market is underrating future growth, including technology-enabled businesses that never show up on a sector screen.

Stated mandate

The Fund seeks long-term capital appreciation by investing primarily in technology and technology-enabled companies whose future growth the adviser believes is underappreciated.

Why people hold it

  • Active mandate, not an index clone: it targets technology and technology-enabled companies whose future growth the adviser believes is underappreciated.
  • Concentrated by design at about 60 holdings, so an individual pick carries real weight in the portfolio.
  • The 0.65% fee sits right at the median for active US equity ETFs, so the stock-picking does not come at a premium price.
  • A multi-billion-dollar fund from one of the largest asset managers, with moderate daily trading activity behind it.

Worth knowing

  • One sector, about 60 stocks. Swings can run sharper than a whole-market fund, in both directions.
  • That 0.65% towers over the systematic peers in its cohort, like DFAU at 0.12% and AVLC at 0.15%. The active research has a fee gap to close.
  • Launched in 2023, so the track record is short. The mandate is long-term capital appreciation, not income.

JTEK Performance

Launched Oct 4, 2023

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.Not enough history yet.
JTEK$9,701
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. JTEK $9,701. SPY $11,199. Use the arrow keys to read each point.$8,000$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 JTEK. Periods over one year show the average yearly return.
PeriodJTEK
Year to date+4.3%
1 month−10.7%
3 months−0.5%
1 year−3.0%
3 yearsper year+25.2%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 JTEK
YearReturn barJTEK
2026 YTD+4.3%
2025+19.0%
2024+28.7%
2023+18.1%

History from Oct 5, 2023

JTEK in the news

JTEK Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

JTEK Risk

Risk pillarF19 out of 100Rank 33 of 35 in US Active Sector
How much the fund’s monthly returns vary, scaled to a year.
27.0%
Annualised · 36 months to Oct 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.
0.81
vs 3-month T-bills · to Oct 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.
−30.6%
36 months · trough Apr 2025
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.
1.77
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.

FMP measures it over up to five years of monthly returns.

JTEK Cost

Compare JTEK and TRUF

Overpaying vs TRUF, tied cheapest in US Active Sector

$10,611

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JTEK 0.65%

    $12,717

  • TRUF 0.10% Tied cheapest

    $2,106

$10,000
30 years

Cost over time

  • JTEK 0.65%
  • TRUF 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530JTEK $12,717TRUF $2,106

Year by year

YearJTEKTRUFOverpaying
10$1,163$183$980
20$4,440$717$3,723
30$12,717$2,106$10,611

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