J.P. Morgan Exchange-Traded Fund ETF (JCPB) Performance
JCPB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.3% since Dec 31, 2025
- 1 year
- −0.2% total return
- 5 years
- +0.8% a year
- Since first price
- +2.4% a year since 2019
JCPB trailing returns vs AGG, TLT, SPY
| Period | JCPB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.6% | −1.8% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.2% | −3.9% | −1.5% | −3.8% | +7.8% |
| YTD | −0.3% | −4.3% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.2% | −5.3% | −1.1% | −6.9% | +14.4% |
| 3 years | +20.4%+6.4%/yr | +3.4% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +4.2%+0.8%/yr | −16.4% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionJan 30, 2019 | +20.6%+2.4%/yr | −9.9% | — | — | — |
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: JCPB vs AGG
From Jan 30, 2019: JCPB grew to $12,056, AGG to $11,248.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JCPB returns by calendar year
4 of 6 full years positive. Best 2020 (+9.2%), worst 2022 (−12.9%). 2026 is year to date.
JCPB annual returns table
| Year | JCPB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.3% | −4.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +8.0% | −2.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.0% | −3.8% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.1% | −6.8% | +5.7% | +2.8% | +26.2% |
| 2022 | −12.9% | −15.7% | −13.0% | −31.2% | −18.2% |
| 2021 | −0.5% | −3.4% | −1.8% | −4.6% | +28.7% |
| 2020 | +9.2% | −6.0% | +7.5% | +18.2% | +18.3% |
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.
JCPB largest drawdowns
Now 2.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 14, 2021 | −16.7% | Oct 24, 2022 | Aug 1, 2025 | 1.1 years | 3.9 years |
| Mar 6, 2020 | −6.0% | Mar 19, 2020 | Jun 23, 2020 | 13 days | 4 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
JCPB risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +5.3% | +0.4% | +2.2% |
| Volatility (annualized) | 5.6% | 6.4% | 5.6% |
| Sharpe ratio | 0.17 | -0.47 | -0.05 |
| Sortino ratio | 0.25 | -0.61 | -0.07 |
| Best month | +4.7% | +4.7% | +4.7% |
| Worst month | −2.6% | −3.8% | −3.8% |
| Best 12 months | +13.5% | +13.5% | +13.5% |
| Worst 12 months | −0.8% | −14.9% | −14.9% |
| Positive months | 67% | 55% | 58% |
| Beta vs S&P 500 | 0.23 | 0.26 | — |
| Correlation with S&P 500 | 0.51 | 0.64 | — |
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.
JCPB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 82 | −14.9% | +3.3% | +13.5% | 76% |
| 3-year (a year) | 58 | −4.5% | −0.4% | +6.7% | 47% |
| 5-year (a year) | 34 | +0.1% | +0.8% | +1.7% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
JCPB performance overview
J.P. Morgan Exchange-Traded Fund ETF (JCPB) returned −0.2% over the past year and +0.8% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +2.4% a year, turning $10,000 into about $12,056. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −16.7%, from Sep 14, 2021 to Oct 24, 2022, and it took 2.8 years to get back to the old high. JCPB finished 4 of its 6 full calendar years with a gain; the best year was 2020 (+9.2%) and the worst 2022 (−12.9%). Volatility has been 5.6% a year.
Related: JCPB chart, JCPB dividends, JCPB bond profile. See the JCPB overview for the latest quote and fund facts.
JCPB performance FAQ
What is the JCPB return over the past year?
JCPB returned −0.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.3%.
What is the average annual return of JCPB?
JCPB has returned +0.8% a year over 5 years, +2.4% a year since January 30, 2019 (total return, distributions reinvested).
How much would $10,000 invested in JCPB be worth?
$10,000 invested in JCPB at its first recorded close on January 30, 2019 would be worth about $12,056 on October 23, 2026 with distributions reinvested.
What was the worst year for JCPB?
The worst calendar year was 2022, with a total return of −12.9%. The best was 2020 at +9.2%.
What is the biggest drawdown of JCPB?
The largest peak-to-trough decline was −16.7% between September 14, 2021 and October 24, 2022. It recovered to the old high on August 1, 2025, 2.8 years after the bottom.
How volatile is JCPB?
Over the past 3 years JCPB had an annualized volatility of 5.6% and a Sharpe ratio of 0.17 (excess return over 1–3 month T-bills per unit of risk).