JPMorgan Fundamental Data Science Large Core ETF (LCDS) Performance
LCDS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.4% since Dec 31, 2025
- 1 year
- +14.8% total return
- Since first price
- +46.0% since 2024
LCDS trailing returns vs SPY, QQQ, AGG
| Period | LCDS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.7% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.9% | +7.5% | +7.8% | +8.4% | −1.5% |
| YTD | +12.4% | +11.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.8% | +13.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 8, 2024 | +46.0% | +42.9% | — | — | — |
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: LCDS vs SPY
From Aug 8, 2024: LCDS grew to $14,596, SPY to $14,697.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LCDS returns by calendar year
1 of 1 full years positive. Best 2025 (+16.4%), worst 2025 (+16.4%). 2026 is year to date.
LCDS annual returns table
| Year | LCDS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.4% | −9.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +16.4% | −17.1% | +17.7% | +20.8% | +7.2% |
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.
LCDS largest drawdowns
Now 2.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 17, 2024 | −17.8% | Apr 8, 2025 | Jun 24, 2025 | 4 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LCDS risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +16.8% |
| Volatility (annualized) | 11.3% |
| Sharpe ratio | 1.09 |
| Sortino ratio | 2.23 |
| Best month | +10.0% |
| Worst month | −4.7% |
| Best 12 months | +31.4% |
| Worst 12 months | +14.6% |
| Positive months | 64% |
| 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.
LCDS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 15 | +13.2% | +17.0% | +31.4% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
LCDS performance overview
JPMorgan Fundamental Data Science Large Core ETF (LCDS) returned +14.8% over the past year, with distributions reinvested. Since its first recorded price on Aug 8, 2024 it has returned +46.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −17.8%, from Dec 17, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 11.3% a year.
Related: LCDS chart, LCDS holdings, LCDS dividends, LCDS valuation. See the LCDS overview for the latest quote and fund facts.
LCDS performance FAQ
What is the LCDS return over the past year?
LCDS returned +14.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.8%.
How much would $10,000 invested in LCDS be worth?
$10,000 invested in LCDS at its first recorded close on August 8, 2024 would be worth about $14,596 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of LCDS?
The largest peak-to-trough decline was −17.8% between December 17, 2024 and April 8, 2025. It recovered to the old high on June 24, 2025, 3 months after the bottom.
How volatile is LCDS?
Over the past history LCDS had an annualized volatility of 11.3% and a Sharpe ratio of 1.09 (excess return over 1–3 month T-bills per unit of risk).