JPMorgan Long/Short ETF

Frequently Asked Questions About JPLS

What does JPLS invest in?

The investment seeks to provide long-term total return. The fund seeks to profit from the relative returns of equity securities by maintaining long and short positions. Under normal market conditions, the adviser employs the Equity Long/Short strategy to access certain return factors. The strategy involves simultaneously investing in equities (i.e., investing long) that the adviser believes are attractive based on relevant return factors and taking short positions in equity securities that the adviser believes are unattractive based on relevant return factors.

What is the expense ratio of JPLS?

JPMorgan Long/Short ETF (JPLS) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JPLS?

JPMorgan Long/Short ETF (JPLS) manages $22.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is JPLS actively managed or an index fund?

JPLS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was JPLS launched?

JPMorgan Long/Short ETF (JPLS) launched in January 2018 and is managed by J.P. Morgan.

How has JPLS performed?

JPLS's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.