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ETFs

JPMorgan Ultra-Short Income ETF

JPST
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 17, 2017
Expense Ratio
0.18%
Type
Global Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$170,991,753
AUM
$22,734,161,130
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
JPMORGAN US GOVT MMKT FUN
7.66%
—
UNITED 0.375% 07/24
2.24%
—
SKANDIN ENS ZERO 11/23
1.06%
CZTN5532884
CITIZENS BANK VAR 01/26
1.01%
—
SUMITOMO FLT 06/24
1%
—
NORDEA BK ABP 5.17% 01/24
0.91%
—
SOCIETE ZERO 12/23
0.9%
FDCD5526760
FEDERATION DES VAR 01/26
0.88%
—
WELLS FARGO SECURITIES, L
0.88%
NTIOF5524605
NATIONAL 5.25% 01/25
0.87%
Invest with JPST
Trade JPST Options

What is JPST?

The Fund seeks to achieve its investment objective by primarily investing in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. The Fund employs a single, globally integrated credit process centered on research-driven sector allocation and seeks to maintain a duration of one year or less under most market conditions.

1M
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6M
YTD
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Max
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JPST
Performance Measures**

for the time period May 31, 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: 1.0%

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

Measures of Risk or Volatility

Max Drawdown: -3.3%

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

Standard Deviation: 1.0%

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: 3.06

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: 0.90

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

ETFs related toJPST

ETFs correlated to JPST include GSY, NEAR, TUA

JPST
J.P.Morgan Investment Management Inc. - JPMorgan Ultra-Short Income ETF
GSY
Invesco Capital Management LLC - Invesco Ultra Short Duration ETF
NEAR
BlackRock Institutional Trust Company N.A. - BlackRock Short Maturity Bond ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
SCHO
Schwab Strategic Trust - Schwab Short-Term U.S. Treasury ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury 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 toJPST

N5

Category

Trend-following, momentum, tactical allocation, equities, risk management, inverse ETFs, large-cap growth

OOS Cumulative Return

42.55%

N3

Category

Trend-following, Momentum, Tech-heavy, Tactical, Risk-on/risk-off, Daily-rebalance

OOS Cumulative Return

22.45%

Create your own algorithmic trading strategy with JPST using Composer

FAQ

JPST is a Global Bonds ETF. The Fund seeks to achieve its investment objective by primarily investing in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. The Fund employs a single, globally integrated credit process centered on research-driven sector allocation and seeks to maintain a duration of one year or less under most market conditions.

Yes, JPST 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, JPST 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 JPST is 0.0002%. This is the percent change in the value of JPST over the most recent 1-month period. The 3-month return on JPST is 0.0006%. This is the percent change in the value of JPST over the most recent 3-month period.

The standard deviation of JPST for the past year is 0.0132%. 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 JPST include GVI, BLV, and BSV.

ETFs correlated to JPST include GSY, NEAR, and TUA.

ETFs that are inversely correlated to JPST include TBX, PST, and DBMF.

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.