JPMorgan U.S. Tech Leaders ETF (JTEK) Performance
JTEK total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.4% since Dec 31, 2025
- 1 year
- +5.7% total return
- 3 years
- +26.5% a year
- Since first price
- +25.1% a year since 2023
JTEK trailing returns vs SPY, QQQ, AGG
| Period | JTEK total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.7% | −6.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.7% | +1.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.9% | +6.9% | +7.8% | +8.4% | −1.5% |
| YTD | +9.4% | +9.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +5.7% | +5.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +102.4%+26.5%/yr | +102.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionOct 5, 2023 | +98.0%+25.1%/yr | +98.0% | — | — | — |
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: JTEK vs SPY
From Oct 5, 2023: JTEK grew to $19,805, SPY to $18,563.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
JTEK returns by calendar year
2 of 2 full years positive. Best 2024 (+28.7%), worst 2025 (+19.0%). 2026 is year to date.
JTEK annual returns table
| Year | JTEK | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.4% | −19.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.0% | −30.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +28.7% | −18.3% | +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.
JTEK largest drawdowns
Now 11.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 18, 2025 | −30.6% | Apr 8, 2025 | Jul 17, 2025 | 49 days | 5 months |
| Oct 29, 2025 | −22.0% | Mar 30, 2026 | May 5, 2026 | 5 months | 6 months |
| Jun 30, 2026 | −19.4% | Jul 29, 2026 | not yet | 29 days | 4 months so far |
| Jul 8, 2024 | −18.3% | Aug 5, 2024 | Nov 6, 2024 | 28 days | 4 months |
| Mar 7, 2024 | −11.0% | Apr 19, 2024 | Jun 12, 2024 | 43 days | 3 months |
| Oct 11, 2023 | −10.6% | Oct 26, 2023 | Nov 14, 2023 | 15 days | 34 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
JTEK risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +31.0% |
| Volatility (annualized) | 26.2% |
| Sharpe ratio | 1.00 |
| Sortino ratio | 1.78 |
| Best month | +18.9% |
| Worst month | −15.3% |
| Best 12 months | +44.1% |
| Worst 12 months | +1.6% |
| Positive months | 66% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
JTEK rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | +1.6% | +20.7% | +44.1% | 100% |
| 3-year (a year) | 1 | +27.2% | +27.2% | +27.2% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
JTEK performance overview
JPMorgan U.S. Tech Leaders ETF (JTEK) returned +5.7% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +25.1% a year, turning $10,000 into about $19,805. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.6%, from Feb 18, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 26.2% a year.
Related: JTEK chart, JTEK holdings, JTEK valuation. See the JTEK overview for the latest quote and fund facts.
JTEK performance FAQ
What is the JTEK return over the past year?
JTEK returned +5.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.7%.
How much would $10,000 invested in JTEK be worth?
$10,000 invested in JTEK at its first recorded close on October 5, 2023 would be worth about $19,805 on October 23, 2026 with distributions reinvested.
What was the worst year for JTEK?
The worst calendar year was 2025, with a total return of +19.0%. The best was 2024 at +28.7%.
What is the biggest drawdown of JTEK?
The largest peak-to-trough decline was −30.6% between February 18, 2025 and April 8, 2025. It recovered to the old high on July 17, 2025, 3 months after the bottom.
How volatile is JTEK?
Over the past history JTEK had an annualized volatility of 26.2% and a Sharpe ratio of 1.00 (excess return over 1–3 month T-bills per unit of risk).