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ETFs

JPMorgan Income ETF

JPIE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 28 2021
Expense Ratio
0.41%
Type
Global Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$3,893,697
AUM
$608,544,293
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
TBA GNMA2 SINGLE 6.5%
3.90%
n/a
TBA GNMA2 SINGLE 6%
3.84%
n/a
UMBS MORTPASS 6% 07/53
2.19%
n/a
GNMA II 6.5% 09/53
1.70%
n/a
GNMA II MORTPASS 7% 09/53
1.29%
n/a
TBA GNMA2 SINGLE 5.5%
1.00%
n/a
CASH OR CASH COLLATERAL
0.90%
NTXFF5525373
BPCE SA VAR 01/27
0.69%
n/a
FHLMC FLT 11/51
0.66%
FNMA4628357
FNMA FLT 10/30
0.58%
Invest with JPIE

What is JPIE?

The Fund has broad flexibility to invest in a wide variety of debt securities and instruments of any maturity. The Fund may invest in fixed and floating rate debt securities issued in both U.S. and foreign markets, including countries whose economies are less developed (emerging markets). The Fund has discretion to focus its investments in one or more regions or small groups of countries including both U.S. and foreign markets. The Fund invests primarily in U.S. dollar denominated securities, although the Fund may also invest in non-dollar denominated securities. Although the Fund has the flexibility to invest above 65% of its total assets in investments that are rated below investment grade (also known as junk bonds or high yield securities) or the unrated equivalent to take advantage of market opportunities, under normal market conditions the Fund invests at least 35% of its total assets in investments that, at the time of purchase, are rated investment grade or the unrated equivalent.

ETFs related toJPIE

ETFs correlated to JPIE include DIAL, PYLD, IBDY

JPIE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Income ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
JSCP
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Short Duration Core Plus ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
CGCP
Capital Group Companies Inc - Capital Group Core Plus Income ETF
JCPB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Core Plus Bond ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund

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 toJPIE

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JPIE using Composer

FAQ

JPIE is a Global Bonds ETF. The Fund has broad flexibility to invest in a wide variety of debt securities and instruments of any maturity. The Fund may invest in fixed and floating rate debt securities issued in both U.S. and foreign markets, including countries whose economies are less developed (emerging markets). The Fund has discretion to focus its investments in one or more regions or small groups of countries including both U.S. and foreign markets. The Fund invests primarily in U.S. dollar denominated securities, although the Fund may also invest in non-dollar denominated securities. Although the Fund has the flexibility to invest above 65% of its total assets in investments that are rated below investment grade (also known as junk bonds or high yield securities) or the unrated equivalent to take advantage of market opportunities, under normal market conditions the Fund invests at least 35% of its total assets in investments that, at the time of purchase, are rated investment grade or the unrated equivalent.

Yes, JPIE 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, JPIE 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 JPIE is 0.001%. This is the percent change in the value of JPIE over the most recent 1-month period. The 3-month return on JPIE is -0.0044%. This is the percent change in the value of JPIE over the most recent 3-month period.

The standard deviation of JPIE for the past year is 0.0488%. 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 JPIE include GVI, BLV, and BSV.

ETFs correlated to JPIE include DIAL, PYLD, and IBDY.

ETFs that are inversely correlated to JPIE include TBX, PST, and SJB.

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.