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ETFs

JPMorgan International Bond Opportunities ETF

JPIB
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 3, 2017
Expense Ratio
0.5%
Type
Global Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$1,631,280
AUM
$368,823,501
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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CASH OR CASH COLLATERAL
3.28%
—
JPMORGAN US GOVT MMKT FUN
2.79%
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FEDERATIVE 10% 01/27
2.73%
XCLWBC
Australia - 1.25% BD REDEEM 21/05/2032 AUD 1000
2.27%
NTF010125
Brazil 10 % Notas do Tesouro Nacional 2014-1.1.25 Series F
2.23%
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Spain 1.6 % Strippable Government Bond 2015-30.4.25
1.98%
BONOS310529
United Mex States 7.75 % Bonos de Desarrollo 2011-29.5.31
1.76%
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CANADA BOND 0.25% 04/24
1.69%
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Spain 2.75 % 2014-31.10.24
1.56%
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CANADA BOND 2.75% 08/24
1.38%
Invest with JPIB
Trade JPIB Options

What is JPIB?

The Fund seeks to achieve its investment objective by Investing in bond and currency sectors across developed and emerging markets outside the U.S. without benchmark constraints. It combines insights from over 200 sector specialists with global perspectives to develop high-conviction ideas while actively managing risk. It dynamically shifts sector and duration exposure in response to changing market conditions. On September 14, 2020, the JPMorgan Global Bond Opportunities ETF has been renamed to JPMorgan International Bond Opportunities ETF.

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JPIB
Performance Measures**

for the time period Apr 7, 2017 to Dec 5, 2025

Returns

1M Trailing Return: 0.4%

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

3M Trailing Return: 1.2%

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

Measures of Risk or Volatility

Max Drawdown: -13.1%

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

Standard Deviation: 4.4%

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: 0.86

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: 0.29

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

ETFs related toJPIB

ETFs correlated to JPIB include PYLD, IBDY, BINC

JPIB
J.P.Morgan Investment Management Inc. - JPMorgan International Bond Opportunities ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
JPIE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Income ETF
GTO
Invesco Capital Management LLC - Invesco Total Return Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
DYLD
Two Roads Shared Trust - LeaderShares Dynamic Yield ETF
VCLT
Vanguard Group, Inc. - Vanguard Long-Term 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.

Trading Strategies
Related toJPIB

Finimize Easy Rider

Category

Balanced allocation, Multi-asset, Long-only, Global equities, Bonds, Commodities, Gold, Bitcoin, Strategic

OOS Cumulative Return

—

Morningstar Diversified Portfolio

Category

Global multi-asset, diversified, ETF, strategic asset allocation, buy-and-hold, balanced 50/40/10

OOS Cumulative Return

15.04%

Create your own algorithmic trading strategy with JPIB using Composer

FAQ

JPIB is a Global Bonds ETF. The Fund seeks to achieve its investment objective by Investing in bond and currency sectors across developed and emerging markets outside the U.S. without benchmark constraints. It combines insights from over 200 sector specialists with global perspectives to develop high-conviction ideas while actively managing risk. It dynamically shifts sector and duration exposure in response to changing market conditions. On September 14, 2020, the JPMorgan Global Bond Opportunities ETF has been renamed to JPMorgan International Bond Opportunities ETF.

Yes, JPIB 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, JPIB 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 JPIB is -0.0054%. This is the percent change in the value of JPIB over the most recent 1-month period. The 3-month return on JPIB is -0.0096%. This is the percent change in the value of JPIB over the most recent 3-month period.

The standard deviation of JPIB for the past year is 0.0542%. 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 JPIB include GVI, BLV, and BSV.

ETFs correlated to JPIB include PYLD, IBDY, and BINC.

ETFs that are inversely correlated to JPIB include TTT, TBT, and TMV.

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.