ETF · JPMorgan
JSET EUR Ultra-Short Income Active UCITS ETF AccumEUR
ISIN IE00BD9MMF62London Stock Exchange: JSETJPMorgan Chase & Co.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£92.44
on
- Ongoing charge
- 0.19% a year
- Fund size
- £1.3bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, JSET (EUR Ultra-Short Income Active UCITS ETF AccumEUR, ISIN IE00BD9MMF62) closed at £92.44 on the London Stock Exchange. Its ongoing charge is 0.19% a year (about £19 on £10,000). Over the five years to 13/11/2026 its total return was +8.7%, or −15.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −3.3%
- −6.7% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +4.8%
- −5.3% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +8.7%
- −15.2% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,087 on 13/11/2026 — about £848 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund): 2022 +5.0%, 2023 +1.3%, 2024 −0.8%, 2025 +7.7%; 2026 to 13/11/2026 −2.5%. Returns of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: 0.0%; to 30/09/2025: +7.7%; to 30/09/2024: +0.4%; to 30/09/2023: +1.0%; to 30/09/2022: +1.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −2.5% | −5.6% | |
| to | +7.7% | +4.0% | |
| to | −0.8% | −4.2% | |
| +1.3% | −2.7% | ||
| +5.0% | −3.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | 0.0% | −3.6% |
| from | +7.7% | +3.5% |
| from | +0.4% | −2.2% |
| from | +1.0% | −5.1% |
| from | +1.6% | −6.6% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
5.0%over 5 years
| 1 year | 3.4% |
|---|---|
| 3 years | 3.9% |
| 5 years | 5.0% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −4.3%
- From to
- Lowest 12-month return
- −6.5%
- 12 months to
- Highest 12-month return
- +8.9%
- 12 months to
- Below its highest weekly close since November 2021
- 3.7%
- High of , latest
In words: Volatility of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR in pounds, annualised from weekly returns to 13/11/2026: 3.4% over 1 year, 3.9% over 3 years, 5.0% over 5 years. Largest fall in the price of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR since November 2021, in pounds: −4.3% from 03/02/2023 to 16/06/2023. The lowest 12-month return of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund) since January 2021 was −6.5% (12 months to 14/01/2022); the highest was +8.9% (12 months to 07/11/2025). On 13/11/2026 the price of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR was 3.7% below its highest weekly close since November 2021 (27/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.19%
- a year
- On £10,000
- £19
- a year, roughly
- Over five years
- £95
- of £10,000, before growth
- 156 charge less
- 10 the same
- 261 charge more
Ongoing charge of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR 0.19% a year. Compared on 14/11/2026, 261 of the 427 other corporate and other bond funds charge more, 10 the same and 156 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR is an exchange-traded fund (ETF) from JPMorgan, launched in 2018.
It tracks the No Underlying Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.19% a year — about £19 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Key facts
- Ticker
- JSET
- ISIN
- IE00BD9MMF62
- Also listed as
- JEST (Xetra, euros)
- Provider
- JPMorgan
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.19% a year · about £19 on £10,000
- Fund size
- £1.3bn
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £95.93 on 14/11/2025 to £92.44 on 13/11/2026 (−3.6%). The lowest close shown was £92.21 on 30/10/2026 and the highest £95.99 on 27/02/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
259 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 252
- 253 reported in all
- Ten largest
- 17.3%
- of the whole fund
- Effective number of holdings
- 112
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 6.0%
- Cash and Cash Equivalent
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Cash and Cash Equivalent | 6.03% |
| 2 | Anz New Zea 0.2% 09/23/27/EUR/New Zealand | 1.59% |
| 3 | Dnb Bank ASA V/R 01/18/28/EUR/Norway | 1.52% |
| 4 | Amazon.Com 2.8% 03/16/28/EUR/United States | 1.51% |
| 5 | Bank of Amer V/R 04/25/28/EUR/United States | 1.51% |
| 6 | Unicredit Sp V/R 07/15/30/EUR/Italy | 1.20% |
| 7 | Goldman Sach V/R 02/17/29/EUR/ (XS3299472111)United States | 1.06% |
| 8 | Bank of Nova V/R 09/06/30/EUR/Canada | 1.04% |
| 9 | Parker-Hann 3.8% 03/01/30/EUR/United States | 0.94% |
| 10 | Mitsubish 2.856% 11/26/28/EUR/United Kingdom | 0.93% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- United States23.2%
- United Kingdom12.2%
- France8.5%
- Canada8.2%
- Netherlands6.4%
- Spain4.6%
- Luxembourg4.5%
- Germany3.2%
- Other countries23.1%
- Not classified6.0%
By type of asset
- Bonds94.0%
- Cash and money market6.0%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 253 holdings; the ten largest make up 17.3% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 250 rolling 12-month returns since January 2021, and of 146 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (151 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of JSET?
The ongoing charge of JSET is 0.19% a year — about £19 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of JPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF AccumEUR 0.19% a year. Compared on 14/11/2026, 261 of the 427 other corporate and other bond funds charge more, 10 the same and 156 less (share classes counted once).
Is JSET accumulating or distributing?
JSET is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of JSET?
The ISIN of JSET is IE00BD9MMF62. An ISIN identifies one exact share class of a fund; JSET is its ticker on the London Stock Exchange. The same share class is also listed as JEST (Xetra, euros).
What does JSET hold?
As of 13/11/2026, JSET holds 253 positions, according to its published holdings. The largest is Cash and Cash Equivalent at 6.03% of the fund; the ten largest make up 17.3%. Its ten largest holdings are Cash and Cash Equivalent (6.03%), Anz New Zea 0.2% 09/23/27/EUR/ (1.59%), Dnb Bank ASA V/R 01/18/28/EUR/ (1.52%), Amazon.Com 2.8% 03/16/28/EUR/ (1.51%), Bank of Amer V/R 04/25/28/EUR/ (1.51%), Unicredit Sp V/R 07/15/30/EUR/ (1.20%), Goldman Sach V/R 02/17/29/EUR/ (XS3299472111) (1.06%), Bank of Nova V/R 09/06/30/EUR/ (1.04%), Parker-Hann 3.8% 03/01/30/EUR/ (0.94%) and Mitsubish 2.856% 11/26/28/EUR/ (0.93%).
What were JSET’s returns in each of the last five years?
Calendar-year returns of JSET in pounds (price, with income reinvested in the fund): 2022 +5.0%, 2023 +1.3%, 2024 −0.8%, 2025 +7.7%; 2026 to 13/11/2026 −2.5%. Past performance is not a guide to future returns.
How has JSET done after inflation?
Over the five years to 13/11/2026 JSET’s total return was +8.7%, or −15.2% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- IEBCiShares Core EUR Corp Bond UCITS ETF0.09% a year · £8.5bn
- SDIAiShares USD Short Duration Corp Bond UCITS ETF Unhedged USD0.20% a year · £5.0bn
- USC5State Street SPDR Bloomberg 1-5 Year U.S. Corporate Bond UCITS ETF Accum USD0.11% a year · £4.4bn
- SHYGiShares Euro High Yield Corp Bond UCITS ETF EUR0.50% a year · £4.4bn
- LQDAiShares USD Corp Bond UCITS ETF Acc0.20% a year · £4.1bn
- XBLCXtrackers II EUR Corporate Bond UCITS ETF0.09% a year · £3.9bn
- ECRPAmundi EUR Corporate Bond ESG UCITS ETF DR- Capitalisation0.19% a year · £3.6bn
- SUOEiShares Euro Corp Bond ESG SRI UCITS ETF Shs EUR0.14% a year · £3.3bn
Fund documents and methods
- Fund documents
- Fund page at J.P. Morgan Asset Management · Key investor information document (KIID) (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.