JPST
JPMorgan Ultra-Short Income ETF
JPST is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less.
Aggregate
FIXED INCOME
Active
MANAGEMENT STYLE
33.3 B
ASSETS UNDER MGMT
18 bp
EXPENSES
Fund Basics
| Fund sponsor | JPMorgan Chase |
| Category | Aggregate |
| Asset class | Fixed Income |
| Website | link... |
| Inception date | May 17, 2017 |
| Assets (mns) | $33,363 |
| Expense ratio | 18 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| JPMORGAN US GOVT MMKT FUN | 9.9 % |
| DZ BANK NY | 1.0 % |
| CHARLES SCHWAB CORP | 0.9 % |
| FIRST ABU DHABI BK PJSC | 0.9 % |
| UNITED 4.125% 10/26 | 0.9 % |
| TORONTO DOMINION BANK NY | 0.8 % |
| WELLS FARGO SECURITIES, L | 0.8 % |
| BANK OF NOVA FLT 06/25 | 0.8 % |
| ATHENE 4.86% 08/26 | 0.7 % |
| NATIONAL BANK VAR 03/27 | 0.7 % |
Issuer Type Breakdown
Historical Performance
Standardized Performance (as of 08/29/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.7% | 0.1% | 0.5% | 0.4% | 0.0% | -- | -- | 0.2% |
| Dividend Yield | 1.9% | 3.2% | 4.1% | 4.1% | 2.8% | -- | -- | 2.5% |
| Total Returns | 2.7% | 3.4% | 4.6% | 4.4% | 2.7% | -- | -- | 2.7% | Ann. Volatility | 0.9% | 1.0% | 0.9% | 0.8% | 0.7% | -- | -- | 1.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.02 | 8% |
| MSCI EAFE | 0.02 | 7% |
| MSCI Emg Mkts | 0.02 | 9% |
Liquidity Measures
| Avg. volume (000) | 5,491 |
| ADV traded (mns) | $278 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| Recent close | $50.64 |
| 30d moving avg. | $50.58 |
| Annualized volatility | 0.9% |
| Relative strength (RSI) | 83 |
| Short interest | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Distribution Yield (Trailing 12 Months)
Expense Analysis
| Peer Group | Active Aggregate Fixed Income ETFs |
| # of ETFs | 48 |
| Avg. Expense Ratio | 54.6 bp |
| Std. Deviation | 50.8 bp |
| JPST (18 bp) Percentile rank | 22 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| JPST | 18.0 | 2.0 | 20 |
| Peer Avg. | 40.7 | 13.5 | 54.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .