JPIB ETF — Holdings & Analysis

With an expense ratio of 0.50%, JPIB differentiates itself by actively managing its portfolio to diversify across at least three countries outside the U.S., offering a potentially broader range of international bond opportunities. The fund's investment approach allows for strategic allocation across various countries and sectors, aiming to optimize returns in the international bond market.

JPMorgan International Bond Opportunities ETF (JPIB) ETF — Price, Holdings & Analysis

The JPMorgan International Bond Opportunities ETF (JPIB) is a fixed-income ETF with $1.76 billion in assets under management. JPIB seeks to provide exposure to international debt securities, primarily those located outside the United States, across both developed and emerging markets. With an expense ratio of 0.50%, JPIB differentiates itself by actively managing its portfolio to diversify across at least three countries outside the U.S., offering a potentially broader range of international bond opportunities. The fund's investment approach allows for strategic allocation across various countries and sectors, aiming to optimize returns in the international bond market.

ETF Overview

Under normal circumstances, the fund will invest at least 80% of its assets in bonds. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund's assets are invested primarily in debt securities of issuers located in countries other than the United States. It may invest in developed or emerging markets, including sovereign debt issued by countries in developed and emerging markets. In managing the fund, the adviser will seek to diversify the fund's portfolio by investing in issuers in at least three countries other than the U.S. under normal circumstances.

JPIB, the JPMorgan International Bond Opportunities ETF, aims to deliver returns through strategic investments in international debt securities. The fund invests at least 80% of its assets in bonds from issuers located outside the United States, spanning both developed and emerging markets. This approach allows for diversification across various economies and credit profiles. The fund's strategy involves actively managing its portfolio to diversify across issuers in at least three countries other than the U.S. Under normal circumstances, the fund will seek to diversify the fund's portfolio by investing in issuers in at least three countries other than the U.S. While the ETF holds 954 assets, a significant portion, 80.1%, is allocated to Cash & Others, followed by 12.5% in Financial Services. The fund also has exposure to sectors like Utilities (1.9%), Communication Services (1.5%), and Energy (1.1%). JPIB's country exposure includes allocations to the United Kingdom (9.6%), France (7.6%), and Italy (6.2%), in addition to a 10.2% allocation to the United States and 20.7% to other countries. This broad diversification aims to mitigate risk while capturing opportunities in the global bond market.

Risk Metrics

Investing in JPIB involves several risk considerations. The fund's exposure to international markets introduces currency risk and geopolitical instability, which can impact returns. With 80.1% of its assets in Cash & Others, JPIB exhibits a high concentration in this category, which could affect its overall performance relative to more diversified bond funds. The fund's 3-year beta of 0.60 indicates lower volatility compared to the broader market. However, the 0.50% expense ratio can create a drag on returns, especially in a low-yield environment. While the fund diversifies across numerous holdings (954), its sector allocation is heavily weighted towards Cash & Others and Financial Services, creating potential concentration risk within those areas. Investors should carefully consider these factors when evaluating JPIB for their portfolio.

Expense Ratio

0.50%

What does JPIB hold?

Holding	Weight
JPMorgan US Government MMkt IM (MGMXX)	5.10%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	80.1%
Financial Services	12.5%
Utilities	1.9%
Communication Services	1.5%
Energy	1.1%
Healthcare	0.9%
Consumer Cyclical	0.8%
Technology	0.6%
Basic Materials	0.3%
Real Estate	0.2%
Industrials	0.1%
Consumer Defensive	0.1%

Country	Weight
Other	20.7%
United States	10.2%
United Kingdom	9.6%
France	7.6%
Italy	6.2%
Germany	5.0%
Netherlands	4.8%
Mexico	4.5%
Spain	3.6%
Luxembourg	3.5%

Dividend Yield

0.00%

IDX Dynamic Fixed Income ETF (DYFI) — 1.12% expense ratio
Invesco Taxable Municipal Bond ETF (BAB) — 0.28% expense ratio
Academy Veteran Impact ETF (VETZ) — 0.35% expense ratio
iShares MBS ETF (MBB) — 0.04% expense ratio
iShares iBonds Oct 2027 Term TIPS ETF (IBID) — 0.10% expense ratio
Bluemonte Long Term Bond ETF (BLTD) — 0.23% expense ratio
JPMorgan Mortgage-Backed Securities ETF (JMTG) — 0.24% expense ratio
Brookstone Intermediate Bond ETF (BAMB) — 1.04% expense ratio

JPMorgan Flexible Income ETF (JFLI) (Multi-Asset) — 0.35% expense ratio
JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) (International Equity) — 0.15% expense ratio
JPMorgan Fundamental Data Science Large Core ETF (LCDS) (US Equity) — 0.30% expense ratio
JPMorgan U.S. Minimum Volatility ETF (JMIN) (Equity) — 0.12% expense ratio
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) (US Equity) — 0.50% expense ratio
JPMorgan Mortgage-Backed Securities ETF (JMTG) (Fixed Income) — 0.24% expense ratio

Risk Metrics

Beta: 0.60

Questions & Answers

What is JPIB and what does it track?

The JPMorgan International Bond Opportunities ETF (JPIB) is a fixed-income ETF managed by J.P. Morgan. Launched in 2017, JPIB aims to provide investors with exposure to international debt securities, primarily those located outside the United States.

What is the expense ratio for JPIB?

The expense ratio for the JPMorgan International Bond Opportunities ETF (JPIB) is 0.50%. This means that for every $10,000 invested in the fund, $50 is deducted annually to cover operating expenses.

While this provides access to a diversified portfolio of international bonds, it's important to consider this cost when evaluating the fund's potential returns.

What are the top holdings in JPIB?

As of 2026-03-15, the top holding in the JPMorgan International Bond Opportunities ETF (JPIB) is JPMorgan US Government MMkt IM (MGMXX), comprising 5.10% of the fund's total assets.

While specific bond holdings are not detailed in the provided data, the fund's sector allocation indicates significant exposure to Cash & Others (80.1%) and Financial Services (12.5%).

Is JPIB a good long-term investment?

Evaluating JPIB as a long-term investment requires considering several factors. The fund's focus on international bonds offers diversification benefits, but also introduces currency and geopolitical risks.

With an expense ratio of 0.50%, investors should factor in the cost of active management.

How does JPIB compare to similar ETFs?

JPIB competes with other international bond ETFs that offer exposure to debt securities outside the United States. Key differentiators include its active management strategy, which aims to identify and capitalize on opportunities in the global bond market.

While some competing ETFs may have lower expense ratios, JPIB's active approach could potentially generate higher returns.

Does JPIB pay dividends?

According to the provided data, the JPMorgan International Bond Opportunities ETF (JPIB) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.