JPMorgan Income ETF (JPIE) Performance
JPIE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.5% since Dec 31, 2025
- 1 year
- +2.7% total return
- 3 years
- +6.9% a year
- Since first price
- +3.2% a year since 2021
JPIE trailing returns vs AGG, TLT, SPY
| Period | JPIE total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | −0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.1% | −1.5% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.4% | −2.4% | −1.5% | −3.8% | +7.8% |
| YTD | +1.5% | −2.6% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.7% | −2.9% | −1.1% | −6.9% | +14.4% |
| 3 years | +22.1%+6.9%/yr | +2.4% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionNov 2, 2021 | +16.9%+3.2%/yr | −10.5% | — | — | — |
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: JPIE vs AGG
From Nov 2, 2021: JPIE grew to $11,685, AGG to $9,861.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JPIE returns by calendar year
3 of 4 full years positive. Best 2025 (+7.4%), worst 2022 (−6.1%). 2026 is year to date.
JPIE annual returns table
| Year | JPIE | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.5% | −1.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.4% | −1.7% | +7.2% | +4.3% | +17.7% |
| 2024 | +6.3% | −1.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.1% | −2.9% | +5.7% | +2.8% | +26.2% |
| 2022 | −6.1% | −9.9% | −13.0% | −31.2% | −18.2% |
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.
JPIE largest drawdowns
Now 1.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 30, 2021 | −10.0% | Oct 20, 2022 | Dec 20, 2023 | 10 months | 2.0 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
JPIE risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +6.4% | +3.2% |
| Volatility (annualized) | 2.8% | 4.3% |
| Sharpe ratio | 0.71 | -0.10 |
| Sortino ratio | 1.17 | -0.14 |
| Best month | +2.6% | +3.0% |
| Worst month | −1.6% | −3.5% |
| Best 12 months | +11.2% | +11.2% |
| Worst 12 months | +2.3% | −6.1% |
| Positive months | 83% | 67% |
| Beta vs S&P 500 | 0.11 | — |
| Correlation with S&P 500 | 0.51 | — |
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.
JPIE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 48 | −6.1% | +6.0% | +11.2% | 92% |
| 3-year (a year) | 24 | +2.2% | +6.3% | +7.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
JPIE performance overview
JPMorgan Income ETF (JPIE) returned +2.7% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned +3.2% a year, turning $10,000 into about $11,685. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −10.0%, from Dec 30, 2021 to Oct 20, 2022, and it took 1.2 years to get back to the old high. JPIE finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+7.4%) and the worst 2022 (−6.1%). Volatility has been 4.3% a year.
Related: JPIE chart, JPIE dividends, JPIE bond profile. See the JPIE overview for the latest quote and fund facts.
JPIE performance FAQ
What is the JPIE return over the past year?
JPIE returned +2.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.9%.
How much would $10,000 invested in JPIE be worth?
$10,000 invested in JPIE at its first recorded close on November 2, 2021 would be worth about $11,685 on October 23, 2026 with distributions reinvested.
What was the worst year for JPIE?
The worst calendar year was 2022, with a total return of −6.1%. The best was 2025 at +7.4%.
What is the biggest drawdown of JPIE?
The largest peak-to-trough decline was −10.0% between December 30, 2021 and October 20, 2022. It recovered to the old high on December 20, 2023, 1.2 years after the bottom.
How volatile is JPIE?
Over the past 3 years JPIE had an annualized volatility of 2.8% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).