ETF Evaluator:
JPMorgan Short Duration Core Plus ETF ()
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(as of Aug 26)
Best Performing in Short-Term Bond Over the Last Year
| 6.6% | Overlay Shares Short Term Bond ETF (OVT) |
| 5.0% | AAM SLC Low Duration Income ETF (LODI) |
| 4.6% | SanJac Alpha Low Duration ETF (SJLD) |
| 4.5% | Performance Trust Short Term Bond ETF (STBF) |
| 4.4% | American Century® Short Dur Str Inc ETF (SDSI) |
Risk
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Risk
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ETF Details
JPMorgan Short Duration Core Plus ETF Overview
JPMorgan Short Duration Core Plus ETF (JSCP) is an actively managed Taxable Bond Short-Term Bond exchange-traded fund (ETF). JPMorgan launched the ETF in 2021.
The investment seeks total return, consistent with preservation of capital.
Under normal conditions, at least 70% of the fund's net assets must be invested in securities that, at the time of purchase, are rated investment grade by a nationally recognized statistical rating organization (NRSRO) or in securities that are unrated but are deemed by the adviser to be of comparable quality. The fund will not invest more than 30% of its net assets in below investment grade securities (or the unrated equivalent) under normal conditions. Up to 25% of the fund's net assets may be invested in foreign securities including sovereign and agency debt.
About JPMorgan Short Duration Core Plus ETF (JSCP)
There are 2 members of the management team with an average tenure of 4.31 years: Kay Herr (2023) and Cary Fitzgerald (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Govt/Credit 1-5 Yr TR USD index with a weighting of 100%. JPMorgan Short Duration Core Plus ETF has 1275 securities in its portfolio. The top 10 holdings constitute 21.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
JPMorgan Short Duration Core Plus ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. JPMorgan Short Duration Core Plus ETF has 16.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 95.0% (79.0% domestic bond, 16.0% foreign bond and 0.0% convertible bond). JPMorgan Short Duration Core Plus ETF has 5.0% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $3 billion average for the Short-Term Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JSCP Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JPMorgan Short Duration Core Plus ETF expense ratio is below average compared to funds in the Short-Term Bond category. JPMorgan Short Duration Core Plus ETF has an expense ratio of 0.33%, which is 18% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. JPMorgan Short Duration Core Plus ETF has a portfolio turnover rate of 72%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Short-Term Bond category.
Recently, in the month of July 2026, JPMorgan Short Duration Core Plus ETF returned -0.1%, which earned it a grade of D, as the Short-Term Bond category had an average return of -0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
JPMorgan Short Duration Core Plus ETF has a trailing yield of 4.47%, which is below the 4.54% category average.
The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
JPMorgan Short Duration Core Plus ETF Grades
Year to date, the ETF has returned 0.8%, 0.2 percentage points worse than the category, which translates into a grade of C. The fund has returned 3.7% over the past year (grade of B), 5.5% over the past three years (grade of B) and 2.4% per year over the past five years (grade of B).
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JSCP Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JSCP Return (NAV) | -0.1% | 0.2% | 3.7% | 5.5% | 2.4% | na |
| JSCP Return (Price) | -0.1% | 0.3% | 3.7% | 5.5% | 2.4% | na |
| NAV +/- Price Return | 0.019% | -0.047% | -0.002% | -0.040% | -0.005% | na |
| Short-Term Bond Avg | -0.1% | 0.3% | 3.6% | 5.2% | 2.3% | 2.5% |
| JSCP Grade (NAV) | D | D | B | B | B | na |
| +/- Category (NAV) | -0.0% | -0.1% | 0.1% | 0.2% | 0.1% | na |
| JSCP Tax-Cost Ratio | na | na | 1.8% | 1.9% | 1.5% | na |
JSCP Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JSCP Return (NAV) | 0.8% | 6.9% | 5.1% | 6.2% | -5.8% | na | na | na | na | na | na |
| JSCP Return (Price) | 0.8% | 6.9% | 5.1% | 6.2% | -5.8% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.011% | 0.001% | -0.007% | -0.001% | -0.002% | na | na | na | na | na | na |
| Short-Term Bond Avg | 1.0% | 6.3% | 5.1% | 6.0% | -5.3% | -0.4% | 4.4% | 5.6% | 1.2% | 1.7% | 2.4% |
| JSCP Grade (NAV) | C | A | B | B | D | na | na | na | na | na | na |
| +/- Category | -0.2% | 0.6% | -0.0% | 0.3% | -0.5% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.41 |
| R-Squared: | 92% |
| Standard Deviation: | 2.4% |
| Category Risk Index: | 1.05 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.20 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 4.5% |
| Total Assets: | $ 1,708 Mil |
| Share Class Assets: | $ 1,708 Mil |
| Turnover: | 72.0% |
| Expense Ratio: | 0.33% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.4 years | |||
| Average Tenure: 4.3 years | |||
| Managers (Year): Fitzgerald Cary (2021), Herr Kay (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 1275 |
| % in Top 10 Holdings: | 21.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 16.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 79.0% |
| Foreign Bond: | 16.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 5.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | JPMorgan |
| Phone Number: | 844-457-6383 |
| Website: | jpmorganfunds.com |
| Inception Date: | March 1, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.33% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.28% |
