JPMorgan Core Plus Bond ETF
Actively managed U.S. bond ETF
As of its 2026 Q2 report, JPMorgan Core Plus Bond ETF held 2,673 positions with $12.44B in net assets. Its ten largest holdings made up 22.0% of the fund. The JCPB share class costs 0.37% a year. Over the 12 months to May 2026, JCPB returned 6.1%, with dividends reinvested. In 2026 Q2 it added 222 new positions and exited 141.
The Fund seeks a high level of current income by investing primarily in a diversified portfolio of high-, medium- and low-grade debt securities.
The fund seeks high current income by investing across the credit spectrum in a diversified portfolio of investment-grade and below-investment-grade debt securities, including corporate bonds, government and agency securities, mortgage-backed securities, and foreign bonds. Under normal circumstances, at least 70% of assets are invested in investment-grade securities, with no more than 30% in below-investment-grade securities. The fund's average weighted maturity ordinarily ranges between five and twenty years, though it may be adjusted for defensive purposes, and the adviser may use derivatives, dollar rolls, and relative value strategies as tools for portfolio management and risk control.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
MGMXXJPMorgan U.S. Government Money Market Fund | 10.24% | $1.27B | — |
United States of America 3.63% · due 2029-08-31 | 3.17% | $394.10M | — |
FNMA/FHLMC 5.00% · due 2056-06-25 | 1.78% | $222.03M | — |
FNMA/FHLMC 2.50% · due 2056-06-25 | 1.36% | $169.58M | — |
FNMA/FHLMC 5.50% · due 2056-06-25 | 1.24% | $154.68M | — |
United States of America 4.13% · due 2029-11-30 | 1.15% | $143.35M | — |
United States of America 4.00% · due 2052-11-15 | 0.89% | $110.07M | — |
United States of America 4.25% · due 2034-11-15 | 0.79% | $98.68M | — |
United States of America 0.50% · due 2027-08-31 | 0.73% | $91.05M | — |
United States of America 3.63% · due 2030-08-31 | 0.65% | $80.95M | — |
The 200 largest of 2,673 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 47.18% |
| Securitized | 45.84% |
| Cash & short-term | 10.24% |
| Loans | 0.41% |
| Derivatives | 0.20% |
Derivatives are shown at market value, not notional exposure.
By sector
- Securitized
- 44.1%
- Government
- 13.9%
- Other
- 10.8%
- Cash
- 9.9%
- 12 other sectors
- 21.3%
- Securitized
- 44.1%
- Government
- 13.9%
- Other
- 10.8%
- Cash
- 9.9%
- Financials
- 5.6%
- International
- 5.1%
- Utilities
- 2.5%
- Communication Services
- 1.6%
- Health Care
- 1.4%
- Energy
- 1.1%
- Industrials
- 1.0%
- Information Technology
- 1.0%
- Consumer Discretionary
- 0.7%
- Consumer Staples
- 0.5%
- Materials
- 0.4%
- Real Estate
- 0.3%
How it has done
JCPB share class · total returns with dividends reinvested
Volatility over the last 12 months: 3.37%. Past returns are a record, not a forecast.
Fees & fund details
JPMorgan Core Plus Bond ETF is an actively managed U.S. bond ETF.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Credit quality
- Mixed credit
- Rate sensitivity
- Intermediate duration
- Expense ratio, by class
- 0.37%· JCPB 0.37%
- Portfolio turnover
- 58.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
222 new· the largest 4
141 exited· the largest 6
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 75.2% |
| Floating rate | 21.0% |
| Zero-coupon or unclassified | 3.8% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.0% |
| 1-3y | 5.9% |
| 3-5y | 19.8% |
| 5-10y | 25.7% |
| 10y+ | 47.5% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying about half as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 62% |
| Credit spreads | 38% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +3.09 yr |
| High yield | +0.63 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.64 yr | 10% |
| 5 yr | 1.75 yr | 28% |
| 10 yr | 2.14 yr | 34% |
| 30 yr | 1.70 yr | 27% |
3 mo is NEGATIVE (-0.04 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.32 yr | 9% |
| 5 yr | 1.56 yr | 42% |
| 10 yr | 1.44 yr | 39% |
| 30 yr | 0.39 yr | 11% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.04 | +0.00 | +0.00 | $2.9k | $2.6k |
| 1 yr | +0.64 | +0.15 | +0.17 | $189.5k | $212.3k |
| 5 yr | +1.75 | +1.20 | +0.36 | $1.49m | $447.4k |
| 10 yr | +2.14 | +1.37 | +0.07 | $1.70m | $88.5k |
| 30 yr | +1.70 | +0.37 | +0.02 | $460.4k | $28.6k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 6.19 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — JCPB, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”