JPMorgan Ultra-Short Income ETF (JPST) Performance
JPST total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.6% since Dec 31, 2025
- 1 year
- +3.5% total return
- 5 years
- +3.9% a year
- Since first price
- +3.0% a year since 2017
JPST trailing returns vs AGG, TLT, SPY
| Period | JPST total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | +0.0% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.8% | −0.2% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.6% | −0.4% | −1.5% | −3.8% | +7.8% |
| YTD | +2.6% | −0.5% | −1.0% | −3.4% | +12.3% |
| 1 year | +3.5% | −0.7% | −1.1% | −6.9% | +14.4% |
| 3 years | +15.5%+4.9%/yr | +0.4% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +20.9%+3.9%/yr | −0.5% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMay 19, 2017 | +32.0%+3.0%/yr | +0.6% | — | — | — |
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: JPST vs AGG
From May 19, 2017: JPST grew to $13,205, AGG to $11,479.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JPST returns by calendar year
8 of 8 full years positive. Best 2024 (+5.6%), worst 2021 (+0.1%). 2026 is year to date.
JPST annual returns table
| Year | JPST | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +2.6% | −0.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.0% | −0.3% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.6% | −0.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +5.1% | −0.3% | +5.7% | +2.8% | +26.2% |
| 2022 | +1.1% | −0.6% | −13.0% | −31.2% | −18.2% |
| 2021 | +0.1% | −0.3% | −1.8% | −4.6% | +28.7% |
| 2020 | +2.2% | −3.3% | +7.5% | +18.2% | +18.3% |
| 2019 | +3.3% | −0.1% | +8.5% | +14.1% | +31.2% |
| 2018 | +2.2% | −0.1% | +0.1% | −1.6% | −4.6% |
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.
JPST risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +4.9% | +3.8% | +3.0% |
| Volatility (annualized) | 0.6% | 0.8% | 1.0% |
| Sharpe ratio | 1.03 | 0.26 | 0.57 |
| Sortino ratio | 1.64 | 0.37 | 0.79 |
| Best month | +0.7% | +0.7% | +1.5% |
| Worst month | +0.0% | −0.2% | −1.7% |
| Best 12 months | +6.6% | +6.6% | +6.6% |
| Worst 12 months | +3.5% | −0.2% | −0.6% |
| Positive months | 100% | 87% | 88% |
| Beta vs S&P 500 | 0.02 | 0.01 | — |
| Correlation with S&P 500 | 0.40 | 0.28 | — |
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.
JPST rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 102 | −0.6% | +3.2% | +6.6% | 92% |
| 3-year (a year) | 78 | +0.9% | +2.5% | +5.4% | 100% |
| 5-year (a year) | 54 | +1.6% | +2.6% | +3.9% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
JPST performance overview
JPMorgan Ultra-Short Income ETF (JPST) returned +3.5% over the past year and +3.9% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +3.0% a year, turning $10,000 into about $13,205. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: JPST chart, JPST dividends, JPST bond profile. See the JPST overview for the latest quote and fund facts.
JPST performance FAQ
What is the JPST return over the past year?
JPST returned +3.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.7%.
What is the average annual return of JPST?
JPST has returned +3.9% a year over 5 years, +3.0% a year since May 19, 2017 (total return, distributions reinvested).
How much would $10,000 invested in JPST be worth?
$10,000 invested in JPST at its first recorded close on May 19, 2017 would be worth about $13,205 on October 23, 2026 with distributions reinvested.
What was the worst year for JPST?
The worst calendar year was 2021, with a total return of +0.1%. The best was 2024 at +5.6%.
How volatile is JPST?
Over the past 3 years JPST had an annualized volatility of 0.6% and a Sharpe ratio of 1.03 (excess return over 1–3 month T-bills per unit of risk).