JPMorgan U.S. Tech Leaders ETF
$105.67−0.14 (−0.14%)
- Expense ratio
- 0.65%
- Fund size
- $4.7B
- 1Y return
- +13.1%
- Yield · Last 12 months
- —
- Holdings
- 69
- Volume · 30D
- 0.3M sh
- NAV per share
- $105.77
- 52W range
The ETF.net JTEK Grade
Score 52 of 100 sits in the C 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.CScore 49Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 22Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 63Category 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 79Category rank
Our read on JTEK
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.
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 Holdings
- Stocks
- 69
- 34%
- NVDA
Sectors
- Technology76.0%
- Communication8.2%
- Consumer Discr.5.5%
- Financials4.2%
- Industrials3.1%
- Health Care3.1%
Geography
- United States94.79%
- Canada1.96%
- Netherlands1.59%
- Taiwan1.06%
- Brazil0.61%
JTEK 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 | JTEK |
|---|---|
| Year to date | +17.5% |
| 1 month | +5.8% |
| 3 months | −3.8% |
| 1 year | +13.1% |
| 3 years | — |
| 5 years | — |
| 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 | JTEK |
|---|---|---|
| 2026 YTD | +17.5% | |
| 2025 | +19.0% | |
| 2024 | +28.7% | |
| 2023 | +18.1% |
JTEK in the news
ETF.net Research hasn’t filed on JTEK yet — coverage lands here as it’s written.
JTEK Dividends
No distributions in the last 12 months.
JTEK Risk
- 26.6%
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.
- 0.97
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.
- −30.6%
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.
- 1.80
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JTEK Cost
- The middle half of US Active Sector funds
- Median 0.65%
14 of the 33 US Active Sector funds charge less.