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JPMorgan U.S. Dividend ETF
ETF
JDIV
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
JDIV (ETF)
JPMorgan U.S. Dividend ETF
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
JDIV (ETF)
JPMorgan U.S. Dividend ETF
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
Name
As of 09/07/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.4%
1 yr return
8.1%
3 Yr Avg Return
15.5%
5 Yr Avg Return
N/A
Net Assets
$63.5 M
Holdings in Top 10
7.4%
52 WEEK LOW AND HIGH
$32.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/07/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JDIV - Profile
Distributions
- YTD Total Return 2.4%
- 3 Yr Annualized Total Return 15.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.92%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameJPMorgan U.S. Dividend ETF
-
Fund Family NameJ.P. Morgan
-
Inception DateNov 08, 2017
-
Shares Outstanding1999998
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerYazann Romahi
Fund Description
The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Dividend Index (the Underlying Index). The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. “Assets” means net assets, plus the amount of borrowing for investment purposes. The Underlying Index is comprised of higher yielding U.S. equity securities. The Fund’s adviser is the sponsor of the Underlying Index and developed the proprietary factors on which the Underlying Index is based. FTSE International Limited, the Benchmark Administrator, administers, calculates and governs the Underlying Index. Holdings in the Underlying Index are selected primarily from the constituents of the Russell 1000 Index, a larger Russell Index, which is comprised of large- and mid-cap equity securities of companies located in the United States. Based on its rules-based selection process, the Underlying Index is designed to provide exposure to the highest dividend yielding sectors on a risk adjusted basis, meaning that the index will establish sector weights by considering both the yield of the sector and the relative volatility of sector returns. As a result, certain sectors may be overweighted within the Underlying Index because they include higher dividend yielding companies. The Underlying Index and the Fund are diversified across the following sectors: basic materials, consumer discretionary, consumer staples, energy, financials, health care, industrials, real estate, technology, telecommunication and utilities. The Underlying Index will identify U.S. equity securities within each sector that have a high dividend yield over a rolling twelve month period. Within each sector, individual equity securities are also weighted to diversify risk. The Fund’s securities are large- and mid-cap equity securities of U.S. companies, including common stock, preferred stock and real estate investment trusts. As of January 31, 2022, there were 226 companies represented in the Underlying Index and the market capitalizations of those companies ranged from $2.64 billion to $453.7 billion. The number of components and the market capitalizations of the companies are subject to change over time.The Fund, using a “passive” or indexing investment approach, attempts to closely correspond to the performance of the Underlying Index. Unlike many actively-managed investment companies, the Fund does not seek to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.The Fund’s intention is to replicate the constituent securities of the Underlying Index as closely as possible. “Replication” is a passive indexing strategy in which a fund invests in substantially all of the securities in its underlying index in approximately the same proportions as the underlying index. However, under various circumstances, it may not be possible or practicable to purchase or hold all of, or only, the constituent securities in their respective weightings in the Underlying Index. In these circumstances, the Fund may utilize a “representative sampling” strategy whereby securities are chosen in order to attempt to approximate the investment characteristics of the constituent securities. To the extent the Fund uses a representative sampling strategy, it would hold a significant number of the constituent securities of the Underlying Index, but may not track the Underlying Index with the same degree of accuracy as would an investment vehicle replicating the entire Underlying Index. Even when a Fund is utilizing representative sampling, it must invest at least 80% of its Assets in securities included in the Underlying Index. The Fund’s portfolio will be rebalanced quarterly in accordance with the quarterly rebalancing of the Underlying Index.The Fund may invest up to 20% of its assets in exchange-traded futures contracts to seek performance that corresponds to the Underlying Index.To the extent that the securities in the Underlying Index are concentrated in one or more industries or groups of industries, the Fund may concentrate in such industries or groups of industries. As of January 31, 2022, a significant portion of the Underlying Index is represented by securities of companies in the utilities and consumer staples sectors.
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JDIV - Performance
Return Ranking - Trailing
| Period | JDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.4% | -9.3% | 26.7% | 97.11% |
| 1 Yr | 8.1% | -30.2% | 27.1% | 27.56% |
| 3 Yr | 15.5%* | -14.2% | 29.5% | 19.62% |
| 5 Yr | N/A* | -14.6% | 42.3% | N/A |
| 10 Yr | N/A* | -8.0% | 20.6% | N/A |
* Annualized
Return Ranking - Calendar
| Period | JDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -41.6% | 42.6% | 22.25% |
| 2022 | N/A | -23.5% | 23.2% | 77.44% |
| 2021 | N/A | -8.6% | 93.7% | 66.15% |
| 2020 | N/A | -2.6% | 7.5% | 2.66% |
| 2019 | N/A | -8.8% | 3.8% | N/A |
Total Return Ranking - Trailing
| Period | JDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.4% | -19.1% | 24.3% | 91.08% |
| 1 Yr | 8.1% | -30.2% | 27.1% | 22.31% |
| 3 Yr | 15.5%* | -14.2% | 29.5% | 16.76% |
| 5 Yr | N/A* | -13.1% | 42.3% | N/A |
| 10 Yr | N/A* | -3.6% | 21.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | JDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -41.6% | 42.6% | 22.20% |
| 2022 | N/A | -23.5% | 23.2% | 77.50% |
| 2021 | N/A | -8.6% | 93.7% | 66.24% |
| 2020 | N/A | -2.6% | 7.5% | 8.47% |
| 2019 | N/A | -7.6% | 3.8% | N/A |
JDIV - Holdings
Concentration Analysis
| JDIV | Category Low | Category High | JDIV % Rank | |
|---|---|---|---|---|
| Net Assets | 63.5 M | 504 K | 30.4 B | 90.05% |
| Number of Holdings | 229 | 9 | 2354 | 12.11% |
| Net Assets in Top 10 | 5.11 M | 129 K | 9.16 B | 98.16% |
| Weighting of Top 10 | 7.36% | 5.3% | 99.9% | 98.68% |
Top 10 Holdings
- VICI Properties, Inc. 0.66%
- Motorola Solutions, Inc. 0.65%
- UnitedHealth Group, Inc. 0.65%
- General Mills, Inc. 0.65%
- HR Block, Inc. 0.64%
- Medical Properties Trust, Inc. 0.64%
- WP Carey, Inc. 0.64%
- PepsiCo, Inc. 0.63%
- Clorox Co. (The) 0.63%
- Sempra Energy 0.63%
Asset Allocation
| Weighting | Return Low | Return High | JDIV % Rank | |
|---|---|---|---|---|
| Stocks | 99.83% | 85.69% | 100.65% | 22.11% |
| Cash | 0.17% | -0.65% | 14.30% | 77.89% |
| Preferred Stocks | 0.00% | 0.00% | 5.42% | 2.63% |
| Other | 0.00% | 0.00% | 5.56% | 3.95% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 1.32% |
| Bonds | 0.00% | 0.00% | 4.65% | 3.95% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JDIV % Rank | |
|---|---|---|---|---|
| Utilities | 18.29% | 0.00% | 24.69% | 0.79% |
| Consumer Defense | 16.04% | 0.00% | 33.79% | 2.37% |
| Healthcare | 9.97% | 0.00% | 32.47% | 42.89% |
| Real Estate | 9.86% | 0.00% | 40.74% | 23.68% |
| Technology | 8.54% | 0.00% | 30.07% | 64.47% |
| Basic Materials | 7.59% | 0.00% | 23.88% | 24.21% |
| Industrials | 6.25% | 0.00% | 29.02% | 93.95% |
| Financial Services | 6.23% | 0.00% | 60.11% | 98.95% |
| Energy | 6.21% | 0.00% | 29.17% | 62.11% |
| Consumer Cyclical | 5.96% | 0.00% | 29.62% | 91.84% |
| Communication Services | 5.07% | 0.00% | 19.80% | 23.68% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JDIV % Rank | |
|---|---|---|---|---|
| US | 99.28% | 55.79% | 100.30% | 5.53% |
| Non US | 0.55% | 0.00% | 36.04% | 87.11% |
JDIV - Expenses
Operational Fees
| JDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.12% | 0.01% | 16.27% | 98.66% |
| Management Fee | 0.12% | 0.00% | 1.20% | 1.83% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | 29.97% |
Sales Fees
| JDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| JDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 227.00% | N/A |
JDIV - Distributions
Dividend Yield Analysis
| JDIV | Category Low | Category High | JDIV % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 8.71% | 40.58% |
Dividend Distribution Analysis
| JDIV | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Annually | Annually |
Net Income Ratio Analysis
| JDIV | Category Low | Category High | JDIV % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.92% | -1.84% | 4.73% | 1.58% |
Capital Gain Distribution Analysis
| JDIV | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 24, 2022 | $0.186 | OrdinaryDividend |
| Mar 25, 2022 | $0.172 | OrdinaryDividend |
| Dec 27, 2021 | $0.308 | OrdinaryDividend |
| Sep 24, 2021 | $0.176 | OrdinaryDividend |
| Jun 25, 2021 | $0.107 | OrdinaryDividend |
| Mar 26, 2021 | $0.092 | OrdinaryDividend |
| Dec 28, 2020 | $0.628 | OrdinaryDividend |
| Sep 25, 2020 | $0.201 | OrdinaryDividend |
| Jun 26, 2020 | $0.197 | OrdinaryDividend |
| Mar 27, 2020 | $0.195 | OrdinaryDividend |
| Dec 27, 2019 | $0.309 | OrdinaryDividend |
| Sep 27, 2019 | $0.199 | OrdinaryDividend |
| Jun 28, 2019 | $0.245 | OrdinaryDividend |
| Mar 25, 2019 | $0.161 | OrdinaryDividend |
| Dec 28, 2018 | $0.267 | OrdinaryDividend |
| Sep 28, 2018 | $0.290 | OrdinaryDividend |
| Jun 29, 2018 | $0.246 | OrdinaryDividend |
| Mar 26, 2018 | $0.162 | OrdinaryDividend |
| Dec 29, 2017 | $0.168 | OrdinaryDividend |
JDIV - Fund Manager Analysis
Managers
Yazann Romahi
Start Date
Tenure
Tenure Rank
Nov 08, 2017
4.56
4.6%
Yazann Romahi, PhD, CFA, managing director, is CIO for AM Solutions – Quantitative Solutions focused on managing and developing the firm's systematic and factor-based franchise across strategic beta and thematics. He is also responsible for leading the firm's Multi-Asset Quantitative Research capabilities. Prior to joining J.P. Morgan in 2003, Yazann worked as a research analyst at the Centre for Financial Research at the University of Cambridge and undertook consulting assignments for a number of financial institutions including Pioneer Asset Management, PricewaterhouseCoopers and HSBC.
Aijaz Hussain
Start Date
Tenure
Tenure Rank
Nov 08, 2017
4.56
4.6%
Aijaz Hussain, vice president, is a portfolio analyst in the Quantitative Beta Strategies group, based in London. Prior to joining J.P. Morgan Asset Management in 2016, Aijaz worked as an Analytics Consultant at FactSet Research Systems. Aijaz graduated from Imperial College London with a BSc in Mathematics.
Joe Staines
Start Date
Tenure
Tenure Rank
Nov 08, 2017
4.56
4.6%
Mr. Staines, Vice President of JPMIM and a CFA charterholder, has been a research analyst and portfolio manager in the Quantitative Beta Strategies Team since 2016. An employee since 2014, he previously was a quantitative analyst in the Quantitative Portfolio Strategies Team in JPMIM’s Multi-Asset Solutions Team from 2014 to 2016. Prior to joining JPMIM, he was completing his PhD in Computational Finance from University College London.
Yegang(Steven) Wu
Start Date
Tenure
Tenure Rank
Nov 08, 2017
4.56
4.6%
Mr. Wu, an Analyst of JPMIM, has been a research analyst and portfolio manager in the Quantitative Beta Strategies Team since 2016. An employee since 2014, he previously was a quantitative analyst in the Quantitative Portfolio Strategies Team in JPMIM’s Multi-Asset Solutions Team from 2014 to 2016. Prior to joining JPMIM, Mr. Wu was completing his bachelor’s degrees in Mathematics and Actuarial Science from the University of Iowa until 2013 and his M.A. in Financial Mathematics at Columbia University from 2013 to 2014. During this time, he also worked from January to July 2013 as an Actuarial Analyst at Transamerica, focusing on hedging and pricing for variable annuity products.
Alistair Lowe
Start Date
Tenure
Tenure Rank
Jan 06, 2021
1.4
1.4%
Mr. Lowe, Managing Director of JPMIM, senior portfolio manager in the Quantitative Beta Solutions Team, joined JPMIM in 2018. He was once a self-employed consultant and worked for AlphaSimplex, a quantitative liquid alternatives manager from Feb to Dec 2016. From 2010 to 2014 he was Executive Vice President and Chief Investment Officer, Global Equities, at State Street Global Advisors and was Head of the Investor Solutions Group which specializes in tax-efficient indexing and efficient implementation of active equity strategies for taxable institutional clients and high net worth individuals.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.59 | 8.57 | 10.92 |
