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ETFs

JPMorgan Corporate Bond Research Enhanced ETF

JIGB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 12 2018
Expense Ratio
0.14%
Type
US Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$101,226
AUM
$62,275,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
CASH OR CASH COLLATERAL
1.65%
n/a
JPMORGAN US GOVT MMKT FUN
0.77%
n/a
Bank of America Medium Term Notes 2019-15.03.25 Global Series N Fixed/Floating Rate
0.76%
SAN/28A
Santander UK Group Holdings plc - FXDFR NT REDEEM 11/01/2028 USD 200000
0.72%
n/a
CITIGROUP INC
0.68%
HAS4912254
HASBRO INC 3.9% 11/29
0.65%
VZ41B
Verizon Communications Inc - 3.40% NT REDEEM 22/03/2041 USD 2000
0.65%
HCA/24
HCA Inc. - 5% NT REDEEM 15/03/2024 USD 2000
0.65%
BRK4362687
KRAFT HEINZ 3% 06/26
0.65%
n/a
Gldm Sachs Grp Notes 2018-01.05.29 Global Fixed/Floating Rate
0.63%
Invest with JIGB

What is JIGB?

The Fund is actively managed and mainly invests in corporate bonds that are rated investment grade by a nationally recog-nized statistical rating organization or in securities that are unrated but are deemed by the Fund s adviser, J.P. Morgan Investment Management Inc. (JPMIM or the adviser) to be of comparable quality. Under normal circumstances, the Fund invests at least 80% of its assets in corporate bonds. Assets means net assets plus the amount of borrowings for investment purposes. The Fund will provide shareholders with at least 60 days prior notice of any change to this policy. A corporate bond is defined as a debt security issued by a corporation or non-governmental entity with a maturity of 90 days or more at the time of its issuance. As part of its principal strategy, the Fund invests in corporate bonds structured as corporate debt securities, debt securities of real estate investment trusts (REITs) and master limited partnerships (MLPs), public or pri-vate placements, restricted securities and other unregistered securities.

ETFs related toJIGB

ETFs correlated to JIGB include VCEB, LQD, IGEB

JIGB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Corporate Bond Research Enhanced ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
SPLB
SSgA Active Trust - SPDR Portfolio Long Term Corporate Bond ETF
IGLB
BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond 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.

Automated Strategies
Related toJIGB

#INC

Dynamic Income

Category

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Risk Rating

Moderate

#DYNAM

Dynamic Stocks and Bonds

Category

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Risk Rating

Moderate

Create your own algorithmic trading strategy with JIGB using Composer

FAQ

JIGB is a US Bonds ETF. The Fund is actively managed and mainly invests in corporate bonds that are rated investment grade by a nationally recog-nized statistical rating organization or in securities that are unrated but are deemed by the Fund s adviser, J.P. Morgan Investment Management Inc. (JPMIM or the adviser) to be of comparable quality. Under normal circumstances, the Fund invests at least 80% of its assets in corporate bonds. Assets means net assets plus the amount of borrowings for investment purposes. The Fund will provide shareholders with at least 60 days prior notice of any change to this policy. A corporate bond is defined as a debt security issued by a corporation or non-governmental entity with a maturity of 90 days or more at the time of its issuance. As part of its principal strategy, the Fund invests in corporate bonds structured as corporate debt securities, debt securities of real estate investment trusts (REITs) and master limited partnerships (MLPs), public or pri-vate placements, restricted securities and other unregistered securities.

Yes, JIGB 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, JIGB 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 JIGB is 0.0382%. This is the percent change in the value of JIGB over the most recent 1-month period. The 3-month return on JIGB is 0.0852%. This is the percent change in the value of JIGB over the most recent 3-month period.

The standard deviation of JIGB for the past year is 0.1036%. 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 JIGB include HYG, IGIB, and JNK.

ETFs correlated to JIGB include VCEB, LQD, and IGEB.

ETFs that are inversely correlated to JIGB include TBX, PST, and TBF.

Disclaimers

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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.