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ETFs

JPMorgan ActiveBuilders Emerging Markets Equity ETF

JEMA
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 10, 2021
Expense Ratio
0.33%
Type
Global Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$3,182,721
AUM
$942,756,983
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
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Invest with JEMA
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What is JEMA?

Under normal circumstances, the Fund invests at least 80% ofits Assets in equity securities and equity-related instrumentsthat are tied economically to emerging markets. Assets meansnet assets, plus the amount of borrowings for investmentpurposes. Emerging markets include most countries in the worldexcept Australia, Canada, Japan, New Zealand, the UnitedKingdom, the United States, most of the countries of Western Europe and Hong Kong, although the Fund may invest in securi-ties tied to those countries as well.The Fund s investments represent allocations to a variety of theadviser s actively managed emerging market equity strategies,including country, region and style strategies, among others.The adviser selects the strategies utilized in the portfolio basedon risk/return analyses and relative value considerations. Effective July 8, the JPMorgan Emerging Markets Equity Core ETF (JEMA) changed its name to the JPMorgan ActiveBuilders Emerging Markets Equity ETF.

1M
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JEMA
Performance Measures**

for the time period Mar 11, 2021 to Dec 5, 2025

Returns

1M Trailing Return: 0.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 10.8%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -39.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 18.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.21

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toJEMA

ETFs correlated to JEMA include EEM, EDC, IEMG

JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

JEMA is a Global Equities ETF. Under normal circumstances, the Fund invests at least 80% ofits Assets in equity securities and equity-related instrumentsthat are tied economically to emerging markets. Assets meansnet assets, plus the amount of borrowings for investmentpurposes. Emerging markets include most countries in the worldexcept Australia, Canada, Japan, New Zealand, the UnitedKingdom, the United States, most of the countries of Western Europe and Hong Kong, although the Fund may invest in securi-ties tied to those countries as well.The Fund s investments represent allocations to a variety of theadviser s actively managed emerging market equity strategies,including country, region and style strategies, among others.The adviser selects the strategies utilized in the portfolio basedon risk/return analyses and relative value considerations. Effective July 8, the JPMorgan Emerging Markets Equity Core ETF (JEMA) changed its name to the JPMorgan ActiveBuilders Emerging Markets Equity ETF.

Yes, JEMA is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, JEMA is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JEMA is -0.0133%. This is the percent change in the value of JEMA over the most recent 1-month period. The 3-month return on JEMA is -0.0334%. This is the percent change in the value of JEMA over the most recent 3-month period.

The standard deviation of JEMA for the past year is 0.1846%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JEMA include EZU, VEA, and EFA.

ETFs correlated to JEMA include EEM, EDC, and IEMG.

ETFs that are inversely correlated to JEMA include EDZ, YANG, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.