JPM USD Ultra-Short Income Active UCITS ETF - USD (dist)

IE00BDFC6Q91ETFUSDDistributingFigures as of September 28, 2026
USD Bond, Limited Duration
RiskLowConcentrationDiversifiedRegionGlobal · United States tiltRate sensitivityLimited

JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) is a usd bond, limited duration ETF from J.P. Morgan Asset Management with a total expense ratio of 0.18% and a risk indicator of 2 on the 1–7 scale. Its ten largest positions weigh 14.6% of the portfolio, which FundFacts classifies as diversified. Regional focus: Global with a United States tilt.

Key facts

TER0.18%
Fund sizeUSD 979m
InceptionFebruary 15, 2018
Holdings441
Asset classFixed income
BenchmarkICE BofA US 3-Month Treasury Bill Index

Risk indicator (SRRI)

1
2
3
4
5
6
7
Lower risk · lower rewardHigher risk · higher reward
Volatility 3y0.4%
Sharpe 3y0.66
Max drawdown0.0%

Investment objective

The Sub-Fund aims to provide current income while seeking to maintain a low volatility of principal.

Fund details

ISINIE00BDFC6Q91
Fund houseJ.P. Morgan Asset Management
StructureETF
Share class currencyUSD
Distribution policyDistributing
DomicileIreland
Launch dateFebruary 15, 2018
BenchmarkICE BofA US 3-Month Treasury Bill Index
SFDR classificationArticle 8
Asset classFixed income
Fund sizeUSD 979m
Number of holdings441
Equity / bond split0 / 72
Yield to maturity4.45%
Effective duration0.7

Fees and costs

Total expense ratio (TER)0.18%
Ongoing charges0.18%

Growth of 100 since inception

1001101201302020202220242026
Fund129ICE BofA US 3-Month Treasury Bill Index125
2018-02 → 2026-08 · rebased to 100
Computed from the NAV history the issuer publishes, monthly observations, rebased to 100 at the first point.

Calendar-year returns

+2.3%2020+0.1%2021+1.1%2022+5.1%2023+5.6%2024+5.0%2025
Fund ICE BofA US 3-Month Treasury Bill Index

Annualised returns

PeriodFundIndexDiff
1 Year+3.88%+3.71%+0.17%
3 Years p.a.+5.03%+4.56%+0.47%
5 Years p.a.+3.75%+3.65%+0.10%
Since Inception+3.03%+2.69%+0.34%

Largest sectors

  1. Corporate71.7%
  2. Money Market Instruments20.0%
  3. Cash4.4%
  4. Government3.2%
  5. Securitized0.7%
  6. Non-Corporate Credit0.1%

Largest countries

  1. United States52.9%
  2. Canada11.2%
  3. United Kingdom5.9%
  4. Netherlands5.0%
  5. France3.6%
  6. Australia3.4%
  7. Germany3.1%
  8. Spain3.0%
  9. Sweden2.8%
  10. Japan2.6%
+ 10 more

Concentration

Top 10 weight 14.6% — diversified
  1. 01US TREAS NTS 3.375% 02/29/283.19%
  2. 02COOPERAT RABOBANK V/R 01/14/282.89%
  3. 03Cash and Cash Equivalent2.00%
  4. 04CRH AMER FIN INC DISC 02/12/271.09%
  5. 05SUNCORP BK NORFI DISC 11/27/261.02%
  6. 06MIZUHO BK LTD 4.2% 03/24/270.99%
  7. 07HOME DEPOT INC 2.875% 04/15/270.96%
  8. 08ROCHE HOLDINGS 2.314% 03/10/270.95%
  9. 09FELLS POINT FU 3.046% 01/31/270.78%
  10. 10BANK OF AMERICA C V/R 04/27/280.75%
+ 40 more
Full holdings (441) in the API payload.

Frequently asked questions

What is the TER of JPM USD Ultra-Short Income Active UCITS ETF - USD (dist)?

The total expense ratio (TER) of JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) (IE00BDFC6Q91) is 0.18% per year.

How risky is JPM USD Ultra-Short Income Active UCITS ETF - USD (dist)?

JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) has a risk indicator (SRRI) of 2 on a scale from 1 (lower risk) to 7 (higher risk), which FundFacts places in the low risk band. Its 3-year volatility is 0.4%. Its maximum drawdown is 0.0%.

What are the top holdings of JPM USD Ultra-Short Income Active UCITS ETF - USD (dist)?

The largest positions of JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) as of September 28, 2026 are US TREAS NTS 3.375% 02/29/28 (3.19%), COOPERAT RABOBANK V/R 01/14/28 (2.89%), Cash and Cash Equivalent (2.00%), CRH AMER FIN INC DISC 02/12/27 (1.09%) and SUNCORP BK NORFI DISC 11/27/26 (1.02%). Its ten largest holdings make up 14.6% of the portfolio, out of 441 holdings in total.

What does JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) invest in?

JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) is a usd bond, limited duration ETF. Its largest exposures as of September 28, 2026 are by country, United States 52.9%, Canada 11.2% and United Kingdom 5.9%; by sector, Corporate 71.7%, Money Market Instruments 20.0% and Government 3.2%.

How has JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) performed?

JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) returned +3.88% over one year, +3.75% a year over five years and +5.0% in calendar year 2025 as of September 28, 2026, according to the NAV history J.P. Morgan Asset Management publishes. Past performance does not predict future returns.

Is JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) accumulating or distributing?

JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) is a distributing share class: it pays out the income from its holdings to investors.

Which index does JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) track?

JPM USD Ultra-Short Income Active UCITS ETF - USD (dist)'s benchmark is the ICE BofA US 3-Month Treasury Bill Index, which it tracks.

Where is JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) domiciled and what is its SFDR classification?

JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) is domiciled in Ireland (ISIN IE00BDFC6Q91). It is classified under Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR).

Where does this data about JPM USD Ultra-Short Income Active UCITS ETF - USD (dist) come from?

FundFacts reads it from the documents J.P. Morgan Asset Management publishes for this share class — product page, factsheet, key information document and, where available, holdings and NAV files — and refreshes it every 24 hours. The same factsheet is available as JSON from the FundFacts API.

Glossary

TERRisk indicator (SRRI)Max drawdownSharpe 3yReplicationSFDR classificationHow to get an ETF's holdingsHow to get a fund's TER

Get this factsheet as JSON

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J.P. Morgan Asset Management funds & ETFs
Figures are read from the documents J.P. Morgan Asset Management publishes for this share class (product page, factsheet, key information document and, where available, holdings and NAV files), as of September 28, 2026. The category, risk band, concentration and tilt labels are the FundFacts profile (fundfacts-profile/3), derived from those figures with fixed, published rules. FundFacts API is independent and not affiliated with, sponsored or endorsed by J.P. Morgan Asset Management; fund names are used to identify the product only. Nothing on this page is investment advice.