JPMorgan Diversified Return International Equity ETF

JPIN is a Global Ex. US Equities ETF. The Fund seeks investment results that closely correspond,before fees and expenses, to the performance of the JP MorganDiversified Factor International Equity Index (the UnderlyingIndex). The Fund will invest at least 80% of its Assets in securi-ties included in the Underlying Index. Assets means net assets,plus the amount of borrowing for investment purposes. TheUnderlying Index is comprised of equity securities acrossdeveloped global markets (excluding North America) selected torepresent a diversified set of factor characteristics, as describedbelow. The Fund s adviser is the sponsor of the Underlying Indexand developed the proprietary factors on which the UnderlyingIndex is based. FTSE International Limited, the BenchmarkAdministrator, administers, calculates and governs the Underly-ing Index. Holdings in the Underlying Index are selected primar-ily from the constituents of the FTSE Developed ex NorthAmerica Index, a broader FTSE index, which is comprised oflarge- and mid-cap equity securities in developed marketsoutside of North America. Through diversification, the Underly-ing Index is designed to more evenly distribute risk acrossregions, sectors and individual securities. In the UnderlyingIndex, weightings to regions and sectors are adjusted based ontheir historical volatility to attempt to balance risk acrossregions and sectors in the overall portfolio. The UnderlyingIndex is diversified across certain countries in the followingcountries and/or regions: United Kingdom, Europe ex UnitedKingdom, Japan, Pacific ex Japan, and across the following sec-tors: basic materials, consumer services, consumer goods,financials, health care, industrials, oil & gas, technology,telecommunications and utilities. The rules based proprietarymulti-factor selection process utilizes the followingcharacteristics: value, momentum and quality. The UnderlyingIndex is designed so that each of the individual characteristics isgiven equal input in security selection. Over time, the factorswill have varying degrees of influence on the performance ofthe Underlying Index. The Fund s securities are large- and mid-cap equity securities of companies from developed countries, including common stock and preferred stock.

JPIN tracks the JP Morgan Diversified Factor International Equity Index.

No, JPIN is not actively managed. It is passively 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.

Yes, JPIN is passively 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 JPIN is 0.0135%. This is the percent change in the value of JPIN over the most recent 1-month period. The 3-month return on JPIN is 0.0086%. This is the percent change in the value of JPIN over the most recent 3-month period.

The standard deviation of JPIN for the past year is 0.1616%. 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 JPIN include PBW, IGF, and ARKK.

ETFs correlated to JPIN include SCHF, VEA, and IEFA.

ETFs that are inversely correlated to JPIN include EFZ, EPV, and SH.