JPMorgan Market Expansion Enhanced Equity ETF (JMEE) Performance
JMEE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.4% since Dec 31, 2025
- 1 year
- +16.2% total return
- 3 years
- +18.4% a year
- Since first price
- +12.3% a year since 2022
JMEE trailing returns vs SPY, QQQ, AGG
| Period | JMEE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.1% | −1.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.6% | −3.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.0% | +2.0% | +7.8% | +8.4% | −1.5% |
| YTD | +14.4% | +14.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.2% | +15.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +66.0%+18.4%/yr | +60.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionMay 9, 2022 | +67.6%+12.3%/yr | +52.2% | — | — | — |
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: JMEE vs SPY
From May 9, 2022: JMEE grew to $16,759, SPY to $20,272.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JMEE returns by calendar year
3 of 3 full years positive. Best 2023 (+18.1%), worst 2025 (+7.6%). 2026 is year to date.
JMEE annual returns table
| Year | JMEE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.4% | −8.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.6% | −22.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.7% | −8.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +18.1% | −13.7% | +26.2% | +54.9% | +5.7% |
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.
JMEE largest drawdowns
Now 7.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −25.4% | Apr 8, 2025 | Dec 10, 2025 | 4 months | 1.0 years |
| Aug 16, 2022 | −16.6% | Sep 27, 2022 | Jan 31, 2023 | 42 days | 6 months |
| Jun 7, 2022 | −14.6% | Jun 16, 2022 | Aug 12, 2022 | 9 days | 2 months |
| Jul 31, 2023 | −13.7% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 4 months |
| Feb 2, 2023 | −12.4% | Mar 17, 2023 | Jul 18, 2023 | 43 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
JMEE risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +16.2% | +11.3% |
| Volatility (annualized) | 16.2% | 19.0% |
| Sharpe ratio | 0.74 | 0.44 |
| Sortino ratio | 1.27 | 0.72 |
| Best month | +9.6% | +11.6% |
| Worst month | −7.5% | −9.9% |
| Best 12 months | +35.6% | +35.6% |
| Worst 12 months | −3.4% | −3.8% |
| Positive months | 61% | 54% |
| Beta vs S&P 500 | 1.01 | — |
| Correlation with S&P 500 | 0.77 | — |
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.
JMEE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 42 | −3.8% | +15.3% | +35.6% | 86% |
| 3-year (a year) | 18 | +7.0% | +13.1% | +18.7% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
JMEE performance overview
JPMorgan Market Expansion Enhanced Equity ETF (JMEE) returned +16.2% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +12.3% a year, turning $10,000 into about $16,759. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −25.4%, from Nov 25, 2024 to Apr 8, 2025, and it took 8 months to get back to the old high. JMEE finished 3 of its 3 full calendar years with a gain; the best year was 2023 (+18.1%) and the worst 2025 (+7.6%). Volatility has been 19.0% a year.
Related: JMEE chart, JMEE holdings, JMEE dividends, JMEE valuation. See the JMEE overview for the latest quote and fund facts.
JMEE performance FAQ
What is the JMEE return over the past year?
JMEE returned +16.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.0%.
How much would $10,000 invested in JMEE be worth?
$10,000 invested in JMEE at its first recorded close on May 9, 2022 would be worth about $16,759 on October 23, 2026 with distributions reinvested.
What was the worst year for JMEE?
The worst calendar year was 2025, with a total return of +7.6%. The best was 2023 at +18.1%.
What is the biggest drawdown of JMEE?
The largest peak-to-trough decline was −25.4% between November 25, 2024 and April 8, 2025. It recovered to the old high on December 10, 2025, 8 months after the bottom.
How volatile is JMEE?
Over the past 3 years JMEE had an annualized volatility of 16.2% and a Sharpe ratio of 0.74 (excess return over 1–3 month T-bills per unit of risk).