Skip to Content
ETFs

JPMorgan Limited Duration Bond ETF

JPLD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 02 1993
Expense Ratio
0.24%
Type
US Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$2,423,553
AUM
$781,617,693
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
JPMORGAN PRIME VAR 12/49
4.66%
MET5106407
METROPOLITAN FLT 01/24
1.28%
HMC5109909
AMERICAN HONDA FLT 01/24
1.28%
n/a
FNMA REMICS FLT 01/50
1.16%
GNMA4293141
GNMA 2015-H23 FLT 09/65
1.16%
n/a
GNMA 2014-H07 FLT 05/64
1.13%
n/a
PROGRESS 2.687% 10/36
1.05%
n/a
PROGRESS 1.294% 10/27
1.04%
n/a
FNMA REMICS FLT 10/39
1.04%
n/a
GNMA II 3.5% 08/51
1.01%
Invest with JPLD

What is JPLD?

The Fund mainly invests in mortgage-backed securities, asset-backed securities, mortgage-related securities, adjustable rate mortgages, money market instruments, and structured investments. These investments may be structured as collateralized mortgage obligations (agency and non-agency), stripped mortgage-backed securities, commercial mortgage-backed securities, and mortgage pass-through securities. These securities may be structured such that payments consist of interest- only (IO), principal-only (PO) or principal and interest. The Fund invests in fixed and floating rate debt securities representing an interest in or secured by residential mortgage loans. These securities often are issued or guaranteed by the U.S. government, its agencies or instrumentalities such as the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). However, the Fund may also purchase mortgage-backed securities and asset-backed securities that are issued by non-governmental entities. Such securities may or may not have private insurer guarantees of timely payments.

ETFs related toJPLD

ETFs correlated to JPLD include UITB, BAB, FBND

JPLD
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Limited Duration Bond ETF
UITB
Victory Portfolios II - VictoryShares Core Intermediate Bond ETF
BAB
Invesco Capital Management LLC - Invesco Taxable Municipal Bond ETF
FBND
Fidelity Covington Trust - Fidelity Total Bond ETF
GNMA
BlackRock Institutional Trust Company N.A. - iShares GNMA Bond ETF
JCPB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Core Plus Bond ETF
CEMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Corporate Bond ETF
DFCF
Dimensional ETF Trust - Dimensional Core Fixed Income ETF
BNDW
Vanguard Group, Inc. - Vanguard Total World Bond ETF
IBDW
iShares Trust - iShares iBonds Dec 2031 Term Corporate ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate 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.

Automated Strategies
Related toJPLD

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with JPLD using Composer

FAQ

JPLD is a US Bonds ETF. The Fund mainly invests in mortgage-backed securities, asset-backed securities, mortgage-related securities, adjustable rate mortgages, money market instruments, and structured investments. These investments may be structured as collateralized mortgage obligations (agency and non-agency), stripped mortgage-backed securities, commercial mortgage-backed securities, and mortgage pass-through securities. These securities may be structured such that payments consist of interest- only (IO), principal-only (PO) or principal and interest. The Fund invests in fixed and floating rate debt securities representing an interest in or secured by residential mortgage loans. These securities often are issued or guaranteed by the U.S. government, its agencies or instrumentalities such as the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac). However, the Fund may also purchase mortgage-backed securities and asset-backed securities that are issued by non-governmental entities. Such securities may or may not have private insurer guarantees of timely payments.

Yes, JPLD 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, JPLD 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 JPLD is 0.0049%. This is the percent change in the value of JPLD over the most recent 1-month period. The 3-month return on JPLD is %. This is the percent change in the value of JPLD over the most recent 3-month period.

ETFs similar to JPLD include MBB, MBSD, and SPMB.

ETFs correlated to JPLD include UITB, BAB, and FBND.

ETFs that are inversely correlated to JPLD include TBX, PST, and TBF.

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.