ETF Evaluator:
JPMorgan Equity Premium Yield ETF ()
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(as of Aug 26)
Best Performing in Derivative Income Over the Last Year
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ETF Details
JPMorgan Equity Premium Yield ETF Overview
JPMorgan Equity Premium Yield ETF (ROCY) is an actively managed Nontraditional Equity Derivative Income exchange-traded fund (ETF). JPMorgan launched the ETF in 2026.
The investment seeks to deliver current yield while maintaining prospects for capital appreciation and total return.
Under normal circumstances, the fund invests at least 80% of its assets in equity securities (the 80% Policy). “Assets” means net assets, plus the amount of borrowings for investment purposes. In calculating the 80% Policy, the fund’s equity investments will include common stocks and the options in the portfolio, as well as other equity securities. The fund is non-diversified.
About JPMorgan Equity Premium Yield ETF (ROCY)
There are 4 members of the management team with an average tenure of 0.37 years: Hamilton Reiner (2026), Eric Moreau (2026), Judy Jansen (2026) and Matthew Bensen (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
JPMorgan Equity Premium Yield ETF has 118 securities in its portfolio. The top 10 holdings constitute 42.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
JPMorgan Equity Premium Yield ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. JPMorgan Equity Premium Yield ETF has 0.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.1% There is 0.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). JPMorgan Equity Premium Yield ETF has 2.4% of the portfolio in cash.
Assets Under Management
The fund has $397 million in total assets, which is below the $727 million average for the Derivative Income 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.
ROCY 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 Equity Premium Yield ETF expense ratio is below average compared to funds in the Derivative Income category. JPMorgan Equity Premium Yield ETF has an expense ratio of 0.35%, which is 58% lower than its category average, making the fund expense ratio grade a A. 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 Equity Premium Yield ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 69% for the Derivative Income category.
Recently, in the month of July 2026, JPMorgan Equity Premium Yield ETF returned 1.7%, which earned it a grade of B, as the Derivative Income category had an average return of -1.5%. 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 Equity Premium Yield ETF has a trailing yield of 0.00%, which is below the 19.96% category average.
The fund normally distributes its income monthly and its capital gains annually.
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.
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ROCY 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 |
|
| ROCY Return (NAV) | 1.7% | 5.0% | na | na | na | na |
| ROCY Return (Price) | 1.7% | 4.9% | na | na | na | na |
| NAV +/- Price Return | -0.069% | 0.098% | na | na | na | na |
| Derivative Income Avg | -1.5% | 0.6% | 11.2% | 13.7% | 8.8% | 7.5% |
| ROCY Grade (NAV) | B | B | na | na | na | na |
| +/- Category (NAV) | 3.2% | 4.4% | na | na | na | na |
| ROCY Tax-Cost Ratio | na | na | na | na | na | na |
ROCY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ROCY Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| ROCY Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Derivative Income Avg | 2.6% | 10.6% | 18.5% | 17.5% | -11.3% | 19.4% | 1.4% | 19.2% | -7.1% | 12.1% | 8.7% |
| ROCY Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 398 Mil |
| Share Class Assets: | $ 398 Mil |
| Turnover: | na |
| Expense Ratio: | 0.35% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 0.4 years | |||
| Average Tenure: 0.4 years | |||
| Managers (Year): Reiner Hamilton (2026), Moreau Eric (2026), Jansen Judy (2026), Bensen Matthew (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 118 |
| % in Top 10 Holdings: | 42.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.5% |
Portfolio Allocation |
|
| Domestic Stock: | 97.1% |
| Foreign Stock: | 0.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | JPMorgan |
| Phone Number: | 844-457-6383 |
| Website: | jpmorganfunds.com |
| Inception Date: | March 18, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.35% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.83% |
