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ETFs

JPMorgan USD Emerging Markets Sovereign Bond ETF

JPMB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 29 2018
Expense Ratio
0.39%
Type
Global Ex. US Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$2,435,273
AUM
$665,687,407
Associated Index
JPMorgan Emerging Markets Risk-Aware Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
FEDERATIVE 4.75% 01/50
1.18%
n/a
GOVERNMENT 7.875% 07/45
1.08%
n/a
REPUBLIC OF 4.85% 09/29
1.01%
n/a
FEDERATIVE 6% 10/33
0.89%
n/a
DOMINICAN 4.5% 01/30
0.85%
n/a
GOVERNMENT 6.75% 04/28
0.84%
n/a
FEDERATIVE 4.5% 05/29
0.81%
n/a
FEDERATIVE 3.875% 06/30
0.79%
79KW
Oman - 6.25% NT REDEEM 25/01/2031 USD 200000 - Reg S
0.79%
42RK
Angola - 8.25% NT REDEEM 09/05/2028 USD 200000 - Reg S
0.78%
Invest with JPMB

What is JPMB?

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Emerging Markets Risk-Aware Bond Index (the Underlying Index). The Underlying Index is comprised of liquid, U.S. dollardenominated sovereign and quasi-sovereign fixed and floating rate debt securities from emerging markets selected using a rules-based methodology that was developed and is owned by the adviser. The Index defines quasi-sovereign debt securities as debt securities issued by an entity that is 100% guaranteed or 100% owned by a national government.

ETFs related toJPMB

ETFs correlated to JPMB include EMB, PCY, VWOB

JPMB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan USD Emerging Markets Sovereign Bond ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
PCY
Invesco Capital Management LLC - Invesco Emerging Markets Sovereign Debt ETF
VWOB
Vanguard Group, Inc. - Vanguard Emerging Markets Government Bond ETF
EMHY
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM High Yield Bond 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
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate 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 toJPMB

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JPMB using Composer

FAQ

JPMB is a Global Ex. US Bonds ETF. The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Emerging Markets Risk-Aware Bond Index (the Underlying Index). The Underlying Index is comprised of liquid, U.S. dollardenominated sovereign and quasi-sovereign fixed and floating rate debt securities from emerging markets selected using a rules-based methodology that was developed and is owned by the adviser. The Index defines quasi-sovereign debt securities as debt securities issued by an entity that is 100% guaranteed or 100% owned by a national government.

JPMB tracks the JPMorgan Emerging Markets Risk-Aware Bond Index.

No, JPMB 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, JPMB 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 JPMB is -0.0116%. This is the percent change in the value of JPMB over the most recent 1-month period. The 3-month return on JPMB is -0.0237%. This is the percent change in the value of JPMB over the most recent 3-month period.

The standard deviation of JPMB for the past year is 0.1112%. 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 JPMB include SHY, BIL, and TLT.

ETFs correlated to JPMB include EMB, PCY, and VWOB.

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

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.