How do the expense ratios of JPIE and JPST compare?

JPIE has an expense ratio of 0.39%, while JPST has a lower expense ratio of 0.18%. The difference is 0.21 percentage points. This fee difference means that for every £1,000 invested, JPIE costs £3.90 annually versus £1.80 for JPST. Over long periods, even small percentage differences in fees can reduce net returns, as lower expenses allow more of the fund's earnings to remain in the investor's pocket.

What does JPIE track?

JPIE is categorised as a Multisector Bond fund. Data regarding the specific index it tracks is not available. This suggests that the fund may be actively managed rather than passively following a standard benchmark. Investors should note that without a stated index, performance comparisons against broad market indices may require careful interpretation, as the manager can adjust holdings based on market conditions.

What is the nature of the investment in JPST?

JPST is categorised as an Ultrashort Bond fund. Similar to JPIE, the specific index it tracks is not available. This indicates a potential active management approach or a proprietary strategy rather than a simple passive index replication. Investors should understand that ultrashort bond funds typically focus on shorter-duration assets, which may react differently to interest rate changes compared to longer-duration multisector bond strategies.

Do JPIE and JPST hold the same top assets?

There are no shared top-10 holdings between JPIE and JPST. Additionally, specific details on the top holdings and sector weights for both funds are not available. The lack of overlap suggests that despite both being income-focused, they likely employ different underlying strategies or security selections to achieve their objectives, resulting in distinct exposure profiles for investors.

How do the dividend yields of JPIE and JPST differ?

JPIE offers a dividend yield of 5.67%, whereas JPST provides a lower yield of 4.16%. The higher yield in JPIE may reflect its multisector bond approach, which often includes higher-risk assets to generate income. Conversely, JPST's ultrashort focus typically results in lower yields but potentially less sensitivity to interest rate fluctuations. Investors should consider the trade-off between income generation and risk tolerance.

How large are the assets under management for these funds?

JPST has significantly larger net assets of $41.7 billion compared to JPIE's $10.8 billion. Larger asset bases can contribute to greater liquidity and potentially lower trading costs for investors. While both funds are substantial in size, the considerable difference suggests JPST is a more widely held instrument, which might facilitate easier entry and exit in the secondary market for large positions.

Which investing goal is typically associated with these funds?

Both funds are associated with generating income through bond holdings. JPIE, as a multisector bond fund, aims to provide income by diversifying across various debt types. JPST, as an ultrashort bond fund, typically targets capital preservation alongside income, appealing to those seeking lower volatility. These goals reflect the specific strategies employed by each fund to manage risk and return expectations.

What does the lack of transparency in holdings mean?

For both JPIE and JPST, sector weights and specific top holdings are not available. This limits the ability for investors to perform detailed comparative analysis of underlying assets or sector exposures. Investors relying on transparency for precise portfolio construction may find this constraining, as they cannot verify the exact composition or diversification benefits of the bonds held within these active management strategies.

How does fund age influence historical data?

JPIE has an inception date of October 28, 2021, while JPST is older, starting on May 17, 2017. JPST's longer history allows for more extensive analysis of performance across different market cycles. Investors often consider an older fund to be more established, providing a broader track record. However, past performance of an older fund does not guarantee future results for either entity.

Is this information financial advice?

No, this content is for educational purposes only and does not constitute financial advice. The data presented regarding fees, yields, and asset sizes is factual but does not account for individual financial circumstances, risk tolerance, or investment goals. Investors should consult with a qualified financial professional before making any investment decisions involving JPIE, JPST, or other exchange-traded funds.

JPIE vs JPST

Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.

Compare JPIE (JP Morgan Income ETF) and JPST (JPMorgan Ultra-Short Income ETF) on fees, holdings and dividends. Expense ratios: JPIE 0.39%, JPST 0.18%. Top holdings and sector weights not available. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

JPIE

Metric

JPST

0.39%

Expense Ratio

0.18%

5.67%

Dividend Yield

4.16%

$10.83B

Net Assets

$41.71B

2,791

Holdings

801

Oct 28, 2021

Inception Date

May 17, 2017

–

Index Tracked

–

Multisector Bond

Fund Category

Ultrashort Bond

JPST costs about $21.00 less per year for every $10,000 invested.

Shared Top Holdings

These funds do not share any of their top holdings.

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ICSH vs JPST

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Investment Analysis

JPIE

Pros

JPIE generates a substantial 5.67% dividend yield, offering significant monthly income for investors.
With $10.8 billion in net assets, the fund possesses sufficient scale for stable operations and liquidity.
The active management approach aims to capitalise on shifting credit conditions without fixed index constraints.

Considerations

The expense ratio of 0.39% is relatively high for a bond fund, reducing net returns.
JPIE's index tracked and sector weights are not available, limiting transparency for analysis.
The fund's shorter inception date of October 2021 provides a limited long-term performance history.

JPST

Pros

JPST benefits from a lower expense ratio of 0.18%, enhancing net returns for income-focused investors.
The fund's significant size of $41.7 billion in net assets supports deep liquidity for trading.
With an inception date of May 2017, JPST offers a more established long-term performance record.

Considerations

JPST provides a lower yield of 4.16% compared to higher-risk alternatives, reducing income potential.
Like its counterpart, JPST lacks available data on index tracked and sector weights for transparency.
The fund’s ultra-short bond focus may limit capital appreciation opportunities in rising interest rate environments.

About JPIE and JPST

JPIE (JPIE)

The JP Morgan Income ETF is a multisector bond fund designed to help investors access regular income opportunities. With net assets of USD 10.83 billion, it holds a diversified portfolio of 2,791 instruments, aiming to spread risk across various debt markets. It offers a dividend yield of 5.67% and an expense ratio of 0.39%. As with all investments, values can rise and fall, and returns are not guaranteed. This fund may appeal to those seeking exposure to the bond market, but careful consideration of personal financial circumstances and risk tolerance is recommended.

JPST (JPST)

The JPMorgan Ultra-Short Income ETF (JPST) is designed to provide investors with access to short-term fixed-income securities, aiming for consistent income with reduced volatility. As an exchange-traded fund (ETF), it pools money to buy a diversified portfolio of high-quality corporate and government bonds, typically with very short maturities. This structure helps mitigate interest rate risk compared to longer-duration bond funds, making it a popular choice for cash management or as a defensive allocation during uncertain economic periods. With a moderate expense ratio of 0.18%, JPST seeks to offer competitive yields, currently around 4.16%. However, investors should remember that bond prices can fall, and past performance is not a guarantee of future results. It is suitable for those looking for stability and income rather than high growth.

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JPIE vs JPST

Fund Snapshot

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Investment Analysis

JPIE

Pros

Considerations

JPST

Pros

Considerations

About JPIE and JPST

Buy JPIE or JPST in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

Frequently asked questions

How do the expense ratios of JPIE and JPST compare?

What does JPIE track?

What is the nature of the investment in JPST?

Do JPIE and JPST hold the same top assets?

How do the dividend yields of JPIE and JPST differ?

How large are the assets under management for these funds?

Which investing goal is typically associated with these funds?

What does the lack of transparency in holdings mean?

How does fund age influence historical data?

Is this information financial advice?

Fund Snapshot

About JPIE and JPST

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ICSH vs JPST