TER
0.18% p.a.
Distribution policy
Distributing
Replication
Sampling
Fund size
92 m
Holdings
262
Overview
Description
The JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist) is an actively managed ETF.
The JP Morgan USD Ultra-Short Income Strategy invests primarily in investment grade, US dollar denominated, short term fixed, variable and floating rate debt securities. The strategy will concentrate its investments in the banking industry and, under normal conditions, will invest more than 25 per cent of its Net Asset Value in debt securities issued by companies which are in the banking industry. The benchmark is ICE BofAML US 3-Month Treasury Bill index.
Actively managed strategy
Documents
Chart
Basics
Data
| Index | JP Morgan USD Ultra-Short Income |
| Investment focus | Bonds, USD, World, Corporate, 0-3 |
| Fund size | GBP 92 m |
| Total expense ratio | 0.18% p.a. |
| Replication | Physical (Optimized sampling) |
| Legal structure | ETF |
| Strategy risk | Actively managed |
| Sustainability | No |
| Fund currency | USD |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 7.36% |
| Inception/ Listing Date | 15 February 2018 |
| Distribution policy | Distributing |
| Distribution frequency | Monthly |
| Fund domicile | Ireland |
| Fund Provider | J.P. Morgan |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | Brown Brothers Harriman Fund Administration Services (Ireland) Limited |
| Investment Advisor | J. P. Morgan Investment Management Inc. |
| Custodian Bank | Brown Brothers Harriman Trustee Services Ireland Limited |
| Revision Company | PricewaterhouseCoopers (Ireland) |
| Fiscal Year End | 31 December |
| Swiss representative | JPMorgan Asset Management (Switzerland) LLC |
| Swiss paying agent | J.P. Morgan (Suisse) SA |
| Germany | No tax rebate |
| Switzerland | ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist).
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Holdings
Below you find information about the composition of the JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist).
Top 10 Holdings
Weight of top 10 holdings
out of 262
11.29%
| US91282CCL37 | 1.93% |
| US96130AWH75 | 1.18% |
| US44988KKY46 | 1.14% |
| US91282CJK80 | 1.07% |
| US21688AAS15 | 1.06% |
| US00287YCX58 | 1.04% |
| US50066BA842 | 0.99% |
| US06742T6Q48 | 0.98% |
| US67110DAN75 | 0.95% |
| US06373LBK44 | 0.95% |
Countries
| United States | 24.55% |
| Canada | 2.77% |
| Australia | 2.48% |
| United Kingdom | 2.46% |
| Other | 67.74% |
Sectors
| Other | 94.35% |
As of 29/02/2024
Performance
The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.
Returns overview
| YTD | +3.54% |
| 1 month | +1.59% |
| 3 months | +3.27% |
| 6 months | -0.26% |
| 1 year | +5.11% |
| 3 years | +20.13% |
| 5 years | +16.50% |
| Since inception (MAX) | +31.62% |
| 2023 | -0.65% |
| 2022 | +13.30% |
| 2021 | +1.35% |
| 2020 | -1.03% |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | 4.60% |
| Dividends (last 12 months) | GBP 3.73 |
Historic dividend yields
| Period | Dividend in GBP | Dividend yield in % |
|---|---|---|
| 1 Year | GBP 3.73 | 4.62% |
| 2023 | GBP 3.61 | 4.31% |
| 2022 | GBP 0.97 | 1.30% |
| 2021 | GBP 0.49 | 0.66% |
| 2020 | GBP 1.50 | 1.96% |
Dividend yield contribution
Monthly dividends in GBP
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 7.36% |
| Volatility 3 years | 9.23% |
| Volatility 5 years | 9.22% |
| Return per risk 1 year | 0.69 |
| Return per risk 3 years | 0.68 |
| Return per risk 5 years | 0.34 |
| Maximum drawdown 1 year | -5.19% |
| Maximum drawdown 3 years | -16.51% |
| Maximum drawdown 5 years | -16.51% |
| Maximum drawdown since inception | -16.51% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | JPPS | - - | - - | - |
| Stuttgart Stock Exchange | EUR | JPPS | - - | - - | - |
| Borsa Italiana | EUR | JPST | JPST IM JPSTEUIV | JPST.MI JPSTEUiv.P | |
| Frankfurt Stock Exchange | EUR | - | JPSTEUIV | JPSTEUiv.P | |
| London Stock Exchange | GBX | - | JPTS LN | ||
| London Stock Exchange | USD | JPST | JPST LN JPSTUSIV | JPST.L JPSTUSiv.P | |
| London Stock Exchange | GBP | JPTS | JPTS LN JPTSGBIV | JPTS.L JPSTGBiv.P | |
| SIX Swiss Exchange | USD | JPST | JPST SW JPSTUSIV | JPST.S JPSTUSiv.P | |
| XETRA | EUR | JPPS | JPPS GY JPSTEUIV | JPPS.DE JPSTEUiv.P |
Further information
Further ETFs on the JP Morgan USD Ultra-Short Income index
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| JPMorgan USD Ultra-Short Income UCITS ETF USD (Acc) | 144 | 0.18% p.a. | Accumulating | Full replication |
Frequently asked questions
What is the name of JPTS?
The name of JPTS is JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist).
What is the ticker of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist)?
The primary ticker of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist) is JPTS.
What is the ISIN of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist)?
The ISIN of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist) is IE00BDFC6Q91.
What are the costs of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist)?
The total expense ratio (TER) of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist) amounts to 0.18% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist)?
The fund size of JPMorgan USD Ultra-Short Income UCITS ETF USD (Dist) is 92m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.