JPMorgan Active China ETF (JCHI) Performance
JCHI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −11.9% since Dec 31, 2025
- 1 year
- −15.8% total return
- 3 years
- +8.6% a year
- Since first price
- +1.7% a year since 2023
JCHI trailing returns vs SPY, QQQ, AGG
| Period | JCHI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.9% | −7.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −11.8% | −11.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.9% | −11.9% | +7.8% | +8.4% | −1.5% |
| YTD | −11.9% | −11.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −15.8% | −17.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +28.0%+8.6%/yr | +20.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionMar 16, 2023 | +6.1%+1.7%/yr | −0.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: JCHI vs SPY
From Mar 16, 2023: JCHI grew to $10,609, SPY to $20,115.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JCHI returns by calendar year
2 of 2 full years positive. Best 2025 (+27.7%), worst 2024 (+13.8%). 2026 is year to date.
JCHI annual returns table
| Year | JCHI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −11.9% | −16.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +27.7% | −21.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.8% | −24.6% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
JCHI largest drawdowns
Now 18.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 30, 2023 | −29.6% | Feb 2, 2024 | Oct 1, 2024 | 10 months | 1.5 years |
| Oct 7, 2024 | −27.5% | Apr 8, 2025 | Sep 11, 2025 | 6 months | 11 months |
| Oct 2, 2025 | −19.3% | Oct 22, 2026 | not yet | 1.1 years | 1.1 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
JCHI risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +8.9% | +2.2% |
| Volatility (annualized) | 19.1% | 20.3% |
| Sharpe ratio | 0.31 | -0.01 |
| Sortino ratio | 0.56 | -0.02 |
| Best month | +19.3% | +19.3% |
| Worst month | −9.3% | −10.5% |
| Best 12 months | +39.5% | +39.5% |
| Worst 12 months | −12.2% | −21.0% |
| Positive months | 50% | 48% |
| Beta vs S&P 500 | 0.32 | — |
| Correlation with S&P 500 | 0.21 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
JCHI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 32 | −21.0% | +14.8% | +39.5% | 75% |
| 3-year (a year) | 8 | +3.0% | +7.7% | +10.3% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
JCHI performance overview
JPMorgan Active China ETF (JCHI) returned −15.8% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +1.7% a year, turning $10,000 into about $10,609. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −29.6%, from Mar 30, 2023 to Feb 2, 2024, and it took 8 months to get back to the old high. Volatility has been 20.3% a year.
Related: JCHI chart, JCHI holdings, JCHI dividends. See the JCHI overview for the latest quote and fund facts.
JCHI performance FAQ
What is the JCHI return over the past year?
JCHI returned −15.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 17.3%.
How much would $10,000 invested in JCHI be worth?
$10,000 invested in JCHI at its first recorded close on March 16, 2023 would be worth about $10,609 on October 23, 2026 with distributions reinvested.
What was the worst year for JCHI?
The worst calendar year was 2024, with a total return of +13.8%. The best was 2025 at +27.7%.
What is the biggest drawdown of JCHI?
The largest peak-to-trough decline was −29.6% between March 30, 2023 and February 2, 2024. It recovered to the old high on October 1, 2024, 8 months after the bottom.
How volatile is JCHI?
Over the past 3 years JCHI had an annualized volatility of 19.1% and a Sharpe ratio of 0.31 (excess return over 1–3 month T-bills per unit of risk).