|
Ticker |
Listing
Exchange |
JPMorgan
BetaBuilders Canada ETF |
BBCA |
Cboe BZX
Exchange, Inc. |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF |
BBAX |
Cboe BZX
Exchange, Inc. |
JPMorgan
BetaBuilders Europe ETF |
BBEU |
Cboe BZX
Exchange, Inc. |
JPMorgan
BetaBuilders International Equity ETF |
BBIN |
Cboe BZX
Exchange, Inc. |
JPMorgan
BetaBuilders Japan ETF |
BBJP |
Cboe BZX
Exchange, Inc. |
JPMorgan
BetaBuilders U.S. Equity ETF |
BBUS |
Cboe BZX
Exchange, Inc. |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
BBMC |
NYSE
Arca |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
BBSC |
NYSE
Arca |
JPMorgan
Carbon Transition U.S. Equity ETF |
JCTR |
NYSE
Arca |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
JPEM |
NYSE
Arca |
JPMorgan
Diversified Return International Equity ETF |
JPIN |
NYSE
Arca |
JPMorgan
Diversified Return U.S. Equity ETF |
JPUS |
NYSE
Arca |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
JPME |
NYSE
Arca |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
JPSE |
NYSE
Arca |
JPMorgan
U.S. Momentum Factor ETF |
JMOM |
NYSE
Arca |
JPMorgan
U.S. Quality Factor ETF |
JQUA |
NYSE
Arca |
JPMorgan
U.S. Value Factor ETF |
JVAL |
NYSE
Arca |
| |
1
| |
7
| |
13
| |
19
| |
25
| |
31
| |
36
| |
41
| |
46
| |
51
| |
59
| |
65
| |
70
| |
75
| |
80
| |
85
| |
90
| |
95
| |
95
| |
106
| |
122
| |
123
| |
125
|
126
| |
126
| |
127
| |
129
| |
130
| |
130
| |
131
| |
134
| |
134
| |
134
| |
134
| |
135
| |
136
| |
136
| |
137
| |
137
| |
138
| |
138
| |
138
| |
140
| |
Back
cover |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.19% |
Total
Annual Fund Operating Expenses |
0.19 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
19 |
61 |
107 |
243 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
19.51% |
Worst
Quarter |
1st
quarter, 2020 |
-26.34% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
08/07/2018 |
SHARES |
|
|
Return
Before Taxes |
-12.32% |
6.15% |
Return
After Taxes on Distributions |
-12.56 |
5.78 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-6.60 |
5.01 |
MORNINGSTAR®
CANADA TARGET MARKET
EXPOSURE
INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
-12.56 |
5.86 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2018 |
Executive
Director |
Michael
Loeffler |
2018 |
Executive
Director |
Oliver
Furby |
2018 |
Executive
Director |
Alex
Hamilton |
2018 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.19% |
Total
Annual Fund Operating Expenses |
0.19 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
19 |
61 |
107 |
243 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
21.99% |
Worst
Quarter |
1st
quarter, 2020 |
-27.49% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
08/07/2018 |
SHARES |
|
|
Return
Before Taxes |
-4.45% |
3.68% |
Return
After Taxes on Distributions |
-5.70 |
2.36 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-1.97 |
2.53 |
MORNINGSTAR®
DEVELOPED ASIA PACIFIC
EX-JAPAN
TARGET MARKET EXPOSURE
INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
-4.16 |
3.77 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2018 |
Executive
Director |
Michael
Loeffler |
2018 |
Executive
Director |
Oliver
Furby |
2018 |
Executive
Director |
Alex
Hamilton |
2018 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.09% |
Total
Annual Fund Operating Expenses |
0.09 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
9 |
29 |
51 |
115 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
4th
quarter, 2022 |
21.08% |
Worst
Quarter |
1st
quarter, 2020 |
-24.92% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
06/15/2018 |
SHARES |
|
|
Return
Before Taxes |
-14.71% |
2.72% |
Return
After Taxes on Distributions |
-15.51 |
2.06 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-7.91 |
2.15 |
MORNINGSTAR®
DEVELOPED EUROPE
TARGET
MARKET EXPOSURE INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
-15.23 |
2.56 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2018 |
Executive
Director |
Michael
Loeffler |
2018 |
Executive
Director |
Oliver
Furby |
2018 |
Executive
Director |
Alex
Hamilton |
2018 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.07% |
Total
Annual Fund Operating Expenses |
0.07 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
7 |
23 |
40 |
90 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
4th
quarter, 2022 |
18.29% |
Worst
Quarter |
1st
quarter, 2020 |
-23.07% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
12/03/2019 |
SHARES |
|
|
Return
Before Taxes |
-14.10% |
2.56% |
Return
After Taxes on Distributions |
-14.52 |
1.99 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-7.80 |
2.02 |
MORNINGSTAR®
DEVELOPED MARKETS
EX-NORTH
AMERICA TARGET MARKET
EXPOSURE
INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
-14.31 |
2.34 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2019 |
Executive
Director |
Michael
Loeffler |
2019 |
Executive
Director |
Oliver
Furby |
2019 |
Executive
Director |
Alex
Hamilton |
2019 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.19% |
Total
Annual Fund Operating Expenses |
0.19 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
19 |
61 |
107 |
243 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
4th
quarter, 2020 |
14.44% |
Worst
Quarter |
1st
quarter, 2020 |
-16.66% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
06/15/2018 |
SHARES |
|
|
Return
Before Taxes |
-16.78% |
-0.22% |
Return
After Taxes on Distributions |
-16.92 |
-0.58 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-9.57 |
-0.07 |
MORNINGSTAR®
JAPAN TARGET MARKET
EXPOSURE
INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
-16.41 |
-0.27 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2018 |
Executive
Director |
Michael
Loeffler |
2018 |
Executive
Director |
Oliver
Furby |
2018 |
Executive
Director |
Alex
Hamilton |
2018 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.02% |
Total
Annual Fund Operating Expenses |
0.02 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
2 |
6 |
11 |
26 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
21.49% |
Worst
Quarter |
1st
quarter, 2020 |
-19.66% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
03/12/2019 |
SHARES |
|
|
Return
Before Taxes |
-19.43% |
10.25% |
Return
After Taxes on Distributions |
-19.74 |
9.83 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-11.30 |
8.01 |
MORNINGSTAR®
US TARGET MARKET
EXPOSURE
INDEX
(Reflects
No Deduction for Fees, Expenses, or
Taxes) |
-19.43 |
10.30 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2019 |
Executive
Director |
Michael
Loeffler |
2019 |
Executive
Director |
Oliver
Furby |
2019 |
Executive
Director |
Alex
Hamilton |
2019 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.07% |
Total
Annual Fund Operating Expenses |
0.07 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
7 |
23 |
40 |
90 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
1st
quarter, 2021 |
8.77% |
Worst
Quarter |
2nd
quarter, 2022 |
-17.72% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
04/14/2020 |
SHARES |
|
|
Return
Before Taxes |
-19.59% |
15.41% |
Return
After Taxes on Distributions |
-19.90 |
15.04 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-11.43 |
12.02 |
MORNINGSTAR®
US MID CAP TARGET
MARKET
EXPOSURE EXTENDED INDEX
(Reflects
No Deduction for Fees, Expenses, or
Taxes) |
-19.64 |
15.48 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2019 |
Executive
Director |
Michael
Loeffler |
2019 |
Executive
Director |
Oliver
Furby |
2019 |
Executive
Director |
Alex
Hamilton |
2019 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.09% |
Total
Annual Fund Operating Expenses |
0.09 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
9 |
29 |
51 |
115 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
1st
quarter, 2021 |
11.84% |
Worst
Quarter |
2nd
quarter, 2022 |
-16.86% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
11/16/2020 |
SHARES |
|
|
Return
Before Taxes |
-19.71% |
1.98% |
Return
After Taxes on Distributions |
-20.02 |
1.63 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-11.53 |
1.49 |
MORNINGSTAR®
US SMALL CAP TARGET
MARKET
EXPOSURE EXTENDED INDEX
(Reflects
No Deduction for Fees, Expenses, or
Taxes) |
-19.77 |
1.99 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
D’Eramo |
2020 |
Executive
Director |
Michael
Loeffler |
2020 |
Executive
Director |
Oliver
Furby |
2020 |
Executive
Director |
Alex
Hamilton |
2020 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.15% |
Total
Annual Fund Operating Expenses |
0.15 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
15 |
48 |
85 |
192 |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
4th
quarter, 2021 |
11.66% |
Worst
Quarter |
2nd
quarter, 2022 |
-16.17% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
12/09/2020 |
SHARES |
|
|
Return
Before Taxes |
-18.75% |
3.71% |
Return
After Taxes on Distributions |
-19.04 |
3.36 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
-10.89 |
2.85 |
JPMORGAN
ASSET MANAGEMENT CARBON
TRANSITION
U.S. EQUITY INDEX
(Reflects
No Deduction for Fees, Expenses, or
Taxes) |
-18.64 |
3.87 |
RUSSELL
1000 INDEX
(Reflects
No Deduction for Fees, Expenses, or
Taxes) |
-19.13 |
2.39 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2020 |
Managing
Director |
Aijaz
Hussain |
2020 |
Vice
President |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.44% |
Total
Annual Fund Operating Expenses |
0.44 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
45 |
141 |
246 |
555 |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative
to
their region and super-sector peers based on fundamental
characteristics
of book yield, earnings yield, dividend yield and
cash
flow yield. |
Momentum
— A tendency that stocks that are rising in price
tend
to continue to rise, while those that are falling tend to
continue
to fall. Targets equity securities which have higher
risk-adjusted
returns relative to those of their region and
super-sector
peers over a twelve month period. The twelve
month
returns are divided by the twelve month volatility of the
returns
to get the risk-adjusted returns. |
Quality
— Targets equity securities with higher quality
characteristics
relative to their region and super-sector peers
as
measured by profitability, earnings quality and
solvency/financial
risk. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
4th
quarter, 2020 |
18.55% |
Worst
Quarter |
1st
quarter, 2020 |
-29.17% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
01/07/2015 |
SHARES |
|
|
|
Return
Before Taxes |
-9.34% |
0.38% |
2.98% |
Return
After Taxes on Distributions |
-10.37 |
-0.46 |
2.29 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-4.87 |
0.31 |
2.35 |
JP
MORGAN DIVERSIFIED FACTOR
EMERGING
MARKETS EQUITY
INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees,
Expenses,
or Taxes, Except Foreign
Withholding
Taxes) |
-9.09 |
0.87 |
3.77 |
FTSE
EMERGING INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees,
Expenses,
or Taxes, Except Foreign
Withholding
Taxes) |
-17.27 |
-0.22 |
3.01 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2017 |
Managing
Director |
Joe
Staines |
2017 |
Executive
Director |
Kartik
Aiyar |
2017 |
Vice
President |
Yegang
(Steven) Wu |
2021 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.37% |
Total
Annual Fund Operating Expenses |
0.37 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
38 |
119 |
208 |
468 |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative
to
their region and/or sector peers based on fundamental
characteristics
of book yield, earnings yield, dividend yield and
cash
flow yield. |
Momentum
— A tendency that stocks that are rising in price
tend
to continue to rise, while those that are falling tend to
continue
to fall. Targets equity securities which have higher
risk-adjusted
returns relative to those of their region and/or
sector
peers over a twelve month period. The twelve month
returns
are divided by the twelve month volatility of the
returns
to get the risk-adjusted returns. |
Quality
— Targets equity securities with higher quality
characteristics
relative to their region and/or sector peers as
measured
by profitability, earnings quality and
solvency/financial
risk. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
4th
quarter, 2022 |
16.34% |
Worst
Quarter |
1st
quarter, 2020 |
-23.81% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
11/05/2014 |
SHARES |
|
|
|
Return
Before Taxes |
-13.82% |
-0.46% |
2.72% |
Return
After Taxes on Distributions |
-14.30 |
-1.17 |
2.07 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-7.62 |
-0.27 |
2.14 |
JP
MORGAN DIVERSIFIED FACTOR
INTERNATIONAL
EQUITY INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees,
Expenses,
or Taxes, Except Foreign
Withholding
Taxes) |
-13.77 |
-0.31 |
3.02 |
FTSE
DEVELOPED EX NORTH
AMERICA
INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees,
Expenses,
or Taxes, Except Foreign
Withholding
Taxes) |
-15.29 |
1.28 |
3.63 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2017 |
Managing
Director |
Joe
Staines |
2017 |
Executive
Director |
Kartik
Aiyar |
2017 |
Vice
President |
Yegang
(Steven) Wu |
2022 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.18% |
Total
Annual Fund Operating Expenses |
0.18 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
18 |
58 |
101 |
230 |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative
to
their sector peers based on fundamental characteristics of
book
yield, earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price
tend
to continue to rise, while those that are falling tend to
continue
to fall. Targets equity securities which have higher
risk-adjusted
returns relative to those of their sector peers
over
a twelve month period. The twelve month returns are
divided
by the twelve month volatility of the returns to get the
risk-adjusted
returns. |
Quality
— Targets equity securities with higher quality
characteristics
relative to their sector peers as measured by
profitability,
earnings quality and solvency/financial
risk. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
19.28% |
Worst
Quarter |
1st
quarter, 2020 |
-26.04% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
09/29/2015 |
SHARES |
|
|
|
Return
Before Taxes |
-8.52% |
8.40% |
11.21% |
Return
After Taxes on Distributions |
-9.04 |
7.83 |
10.72 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-4.70 |
6.53 |
9.03 |
JP
MORGAN DIVERSIFIED FACTOR
US
EQUITY INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-8.40 |
8.57 |
11.47 |
RUSSELL
1000 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-19.13 |
9.13 |
12.11 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2016 |
Managing
Director |
Joe
Staines |
2016 |
Executive
Director |
Yegang
(Steven) Wu |
2016 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.24% |
Total
Annual Fund Operating Expenses |
0.24 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
25 |
77 |
135 |
306 |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative
to
their sector peers based on fundamental characteristics of
book
yield, earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price
tend
to continue to rise, while those that are falling tend to
continue
to fall. Targets equity securities which have higher
risk-adjusted
returns relative to those of their sector peers
over
a twelve month period. The twelve month returns are
divided
by the twelve month volatility of the returns to get the
risk-adjusted
returns. |
Quality
— Targets equity securities with higher quality
characteristics
relative to their sector peers as measured by
profitability,
earnings quality and solvency/financial
risk. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
21.75% |
Worst
Quarter |
1st
quarter, 2020 |
-29.13% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
05/11/2016 |
SHARES |
|
|
|
Return
Before Taxes |
-10.22% |
7.58% |
9.91% |
Return
After Taxes on Distributions |
-10.64 |
7.12 |
9.47 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-5.80 |
5.89 |
7.89 |
JP
MORGAN DIVERSIFIED FACTOR
US
MID CAP EQUITY INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-10.08 |
7.81 |
10.19 |
RUSSELL
MIDCAP INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-17.32 |
7.10 |
9.67 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2016 |
Managing
Director |
Joe
Staines |
2016 |
Executive
Director |
Yegang
(Steven) Wu |
2016 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.29% |
Total
Annual Fund Operating Expenses |
0.29 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
30 |
93 |
163 |
368 |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative
to
their sector peers based on fundamental characteristics of
book
yield, earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price
tend
to continue to rise, while those that are falling tend to
continue
to fall. Targets equity securities which have higher
risk-adjusted
returns relative to those of their sector peers
over
a twelve month period. The twelve month returns are
divided
by the twelve month volatility of the returns to get the
risk-adjusted
returns. |
Quality
— Targets equity securities with higher quality
characteristics
relative to their sector peers as measured by
profitability,
earnings quality and solvency/financial
risk. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
4th
quarter, 2020 |
27.54% |
Worst
Quarter |
1st
quarter, 2020 |
-33.48% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
11/15/2016 |
SHARES |
|
|
|
Return
Before Taxes |
-14.42% |
7.00% |
8.78% |
Return
After Taxes on Distributions |
-14.80 |
6.59 |
8.40 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-8.38 |
5.40 |
6.91 |
JP
MORGAN DIVERSIFIED FACTOR
US
SMALL CAP EQUITY INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-14.29 |
7.17 |
8.98 |
RUSSELL
2000 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-20.44 |
4.13 |
6.45 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2016 |
Managing
Director |
Joe
Staines |
2016 |
Executive
Director |
Yegang
(Steven) Wu |
2016 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.12% |
Total
Annual Fund Operating Expenses |
0.12 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
12 |
39 |
68 |
154 |
UNDERLYING
INDEX CHARACTERISTIC |
Momentum
– A tendency that stocks that are rising in price
tend
to continue to rise, while those that are falling tend to
continue
to fall. Targets equity securities which have higher
risk-adjusted
returns relative to those of their sector peers
over
a twelve month period. The twelve month returns are
divided
by the twelve month volatility of the returns to get the
risk-adjusted
returns. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
24.80% |
Worst
Quarter |
1st
quarter, 2020 |
-17.96% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
11/08/2017 |
SHARES |
|
|
|
Return
Before Taxes |
-20.71% |
9.27% |
9.56% |
Return
After Taxes on Distributions |
-20.97 |
8.97 |
9.25 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-12.08 |
7.30 |
7.53 |
JP
MORGAN US MOMENTUM FAC-
TOR
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-20.64 |
9.42 |
9.72 |
RUSSELL
1000 GROWTH INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-29.14 |
10.96 |
11.21 |
RUSSELL
1000 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-19.13 |
9.13 |
9.59 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2017 |
Managing
Director |
Joe
Staines |
2017 |
Executive
Director |
Yegang
(Steven) Wu |
2017 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.12% |
Total
Annual Fund Operating Expenses |
0.12 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
12 |
39 |
68 |
154 |
UNDERLYING
INDEX CHARACTERISTIC |
Quality
–
Targets equity securities with higher quality
characteristics
relative to their sector peers as measured by
profitability,
earnings quality and solvency/financial
risk. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
19.63% |
Worst
Quarter |
1st
quarter, 2020 |
-18.23% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
11/08/2017 |
SHARES |
|
|
|
Return
Before Taxes |
-13.44% |
10.24% |
10.79% |
Return
After Taxes on Distributions |
-13.78 |
9.78 |
10.30 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-7.73 |
8.05 |
8.49 |
JP
MORGAN US QUALITY FACTOR
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-13.35 |
10.40 |
10.95 |
RUSSELL
1000 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-19.13 |
9.13 |
9.59 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2017 |
Managing
Director |
Joe
Staines |
2017 |
Executive
Director |
Yegang
(Steven) Wu |
2017 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
ANNUAL
FUND OPERATING EXPENSES1
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
Management
Fees |
0.12% |
Total
Annual Fund Operating Expenses |
0.12 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
12 |
39 |
68 |
154 |
UNDERLYING
INDEX CHARACTERISTIC |
Value
— Targets
equity securities with attractive prices relative
to
their sector peers based on fundamental characteristics of
book
yield, earnings yield, dividend yield and cash flow
yield. |
YEAR-BY-YEAR
RETURNS |
Best
Quarter |
2nd
quarter, 2020 |
19.53% |
Worst
Quarter |
1st
quarter, 2020 |
-29.40% |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2022) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
11/08/2017 |
SHARES |
|
|
|
Return
Before Taxes |
-11.59% |
7.68% |
8.39% |
Return
After Taxes on Distributions |
-12.12 |
7.00 |
7.68 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
-6.52 |
5.92 |
6.48 |
JP
MORGAN US VALUE FACTOR
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-11.51 |
7.93 |
8.67 |
RUSSELL
1000 VALUE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-7.53 |
6.67 |
7.34 |
RUSSELL
1000 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
-19.13 |
9.13 |
9.59 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Yazann
Romahi |
2017 |
Managing
Director |
Joe
Staines |
2017 |
Executive
Director |
Yegang
(Steven) Wu |
2017 |
Executive
Director |
Natalia
Zvereva |
2022 |
Executive
Director |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative to their
region and super-sector peers based on fundamental
characteristics
of book yield, earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price tend to continue to
rise, while those that are falling tend to continue to
fall.
Targets equity securities which have higher risk-adjusted returns relative
to those of their region and super-sector peers over a
twelve
month period. The twelve month returns are divided by the twelve month
volatility of the returns to get the risk-adjusted
returns. |
Quality
— Targets equity securities with higher quality characteristics relative
to their region and super-sector peers as measured by
profitability,
earnings quality and solvency/financial
risk. |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative to their
region and/or sector peers based on fundamental
characteristics
of book yield, earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price tend to continue to
rise, while those that are falling tend to continue to
fall.
Targets equity securities which have higher risk-adjusted returns relative
to those of their region and/or sector peers over a
twelve
month period. The twelve month returns are divided by the twelve month
volatility of the returns to get the risk-adjusted
returns. |
Quality
— Targets equity securities with higher quality characteristics relative
to their region and/or sector peers as measured by
profitability,
earnings quality and solvency/financial
risk. |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative to their
sector peers based on fundamental characteristics of book
yield,
earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price tend to continue to
rise, while those that are falling tend to continue to
fall.
Targets equity securities which have higher risk-adjusted returns relative
to those of their sector peers over a twelve month
period.
The twelve month returns are divided by the twelve month volatility of the
returns to get the risk-adjusted returns. |
Quality
— Targets equity securities with higher quality characteristics relative
to their sector peers as measured by profitability,
earnings
quality and solvency/financial
risk. |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative to their
sector peers based on fundamental characteristics of book
yield,
earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price tend to continue to
rise, while those that are falling tend to continue to
fall.
Targets equity securities which have higher risk-adjusted returns relative
to those of their sector peers over a twelve month
period.
The twelve month returns are divided by the twelve month volatility of the
returns to get the risk-adjusted returns. |
Quality
— Targets equity securities with higher quality characteristics relative
to their sector peers as measured by profitability,
earnings
quality and solvency/financial
risk. |
UNDERLYING
INDEX CHARACTERISTICS |
Value
— Targets equity securities with attractive prices relative to their
sector peers based on fundamental char- acteristics of book
yield,
earnings yield, dividend yield and cash flow
yield. |
Momentum
— A tendency that stocks that are rising in price tend to continue to
rise, while those that are falling tend to continue to
fall.
Targets equity securities which have higher risk-adjusted returns relative
to those of their sector peers over a twelve month
period.
The twelve month returns are divided by the twelve month volatility of the
returns to get the risk-adjusted returns. |
Quality
— Targets equity securities with higher quality characteristics relative
to their sector peers as measured by profitability,
earnings
quality and solvency/financial
risk. |
UNDERLYING
INDEX CHARACTERISTIC |
Momentum
— A tendency that stocks that are rising in price tend to continue to
rise, while those that are falling tend to continue to
fall.
Targets equity securities which have higher risk-adjusted returns relative
to those of their sector peers over a twelve month
period.
The twelve month returns are divided by the twelve month volatility of the
returns to get the risk-adjusted
returns. |
UNDERLYING
INDEX CHARACTERISTIC |
Quality
— Targets equity securities with higher quality characteristics relative
to their sector peers as measured by profitability,
earnings
quality and solvency/financial
risk. |
UNDERLYING
INDEX CHARACTERISTIC |
Value
— Targets equity securities with attractive prices relative to their
sector peers based on fundamental characteristics of book
yield,
earnings yield, dividend yield and cash flow
yield. |
NON-FUNDAMENTAL
INVESTMENT OBJECTIVES |
An
investment objective is fundamental if it cannot be changed without the
consent of a majority of the outstanding Shares of each
Fund.
Each Fund’s investment objective is not fundamental and may be changed
without the consent of a majority of the outstanding
Shares
of the Fund. |
|
BetaBuilders
Canada ETF |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
BetaBuilders
Europe ETF |
BetaBuilders
International Equity ETF |
BetaBuilders
Japan ETF |
BetaBuilders
U.S. Equity ETF |
BetaBuilders
U.S. Mid Cap Equity ETF |
BetaBuilders
U.S. Small Cap Equity ETF |
Carbon
Transition U.S. Equity ETF |
Diversified
Return Emerging Markets Equity ETF |
Authorized
Participant Concentration Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Carbon
Transition Investment Strategy Risk |
|
|
|
|
|
|
|
|
• |
|
Cash
Transactions Risk |
|
|
|
|
|
|
|
|
|
• |
Concentration
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
|
○ |
Consumer
Discretionary Sector Risk |
|
|
|
|
• |
|
|
|
|
|
Currency
Risk |
• |
• |
• |
• |
• |
|
|
|
|
• |
Cyber
Security Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Derivatives
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Diversification
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
|
|
Energy
Sector Risk |
• |
|
|
|
|
|
|
|
|
|
Equity
Market Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Exchange-Traded
Fund (ETF) and Other Investment Company Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Financials
Sector Risk |
• |
• |
• |
• |
|
|
|
• |
|
• |
Foreign
Securities and Emerging Markets Risk |
• |
• |
• |
• |
• |
|
|
|
|
• |
General
Market Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Geographic
Focus Risk |
• |
• |
• |
• |
• |
|
|
|
|
• |
Healthcare
Sector Risk |
|
|
• |
|
|
|
|
• |
|
|
Index
Related Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Industrials
Sector Risk |
|
|
|
• |
• |
|
• |
• |
|
|
Industry
and Sector Focus Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Information
Technology Sector Risk |
|
|
|
|
|
• |
|
|
|
|
Large
Cap Company Risk |
• |
• |
• |
• |
• |
• |
|
|
• |
• |
Market
Trading Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Materials
Sector Risk |
|
• |
|
|
|
|
|
|
|
|
Momentum
Investing Risk |
|
|
|
|
|
|
|
|
|
○ |
Multiple
Factor Strategy Risk |
|
|
|
|
|
|
|
|
|
○ |
New
Fund Risk |
|
|
|
|
|
|
○ |
○ |
○ |
|
Passive
Management Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
|
BetaBuilders
Canada ETF |
BetaBuilders
Developed Asia Pacific ex-Japan ETF |
BetaBuilders
Europe ETF |
BetaBuilders
International Equity ETF |
BetaBuilders
Japan ETF |
BetaBuilders
U.S. Equity ETF |
BetaBuilders
U.S. Mid Cap Equity ETF |
BetaBuilders
U.S. Small Cap Equity ETF |
Carbon
Transition U.S. Equity ETF |
Diversified
Return Emerging Markets Equity ETF |
Preferred
Securities Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Regulatory
and Legal Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Risk
of Investing in Quality Companies |
|
|
|
|
|
|
|
|
|
○ |
Sampling
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Securities
Lending Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Smaller
Company Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Technology
Sector Risk |
|
|
|
|
|
|
|
|
• |
|
Transactions
and Liquidity Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Value
Investing Risk |
|
|
|
|
|
|
|
|
|
○ |
Volcker
Rule Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
|
Diversified
Return International Equity ETF |
Diversified
Return U.S. Equity ETF |
Diversified
Return U.S. Mid Cap Equity ETF |
Diversified
Return U.S. Small Cap Equity ETF |
U.S.
Momentum Factor ETF |
U.S.
Quality Factor ETF |
U.S.
Value Factor ETF |
Authorized
Participant Concentration Risk |
• |
• |
• |
• |
• |
• |
• |
Concentration
Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Currency
Risk |
• |
|
|
|
|
|
|
Cyber
Security Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Derivatives
Risk |
• |
• |
• |
• |
• |
• |
• |
Equity
Market Risk |
• |
• |
• |
• |
• |
• |
• |
Exchange-Traded
Fund (ETF) and Other Investment Company Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Foreign
Securities and Emerging Markets Risk |
• |
|
|
|
|
|
|
General
Market Risk |
• |
• |
• |
• |
• |
• |
• |
Geographic
Focus Risk |
• |
|
|
|
|
|
|
Index
Related Risk |
• |
• |
• |
• |
• |
• |
• |
Industry
and Sector Focus Risk |
• |
• |
• |
• |
• |
• |
• |
Large
Cap Company Risk |
• |
• |
|
|
• |
• |
• |
Market
Trading Risk |
• |
• |
• |
• |
• |
• |
• |
Momentum
Investing Risk |
○ |
○ |
○ |
○ |
• |
|
|
Multiple
Factor Strategy Risk |
○ |
○ |
○ |
○ |
|
|
|
Passive
Management Risk |
• |
• |
• |
• |
• |
• |
• |
Preferred
Securities Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Regulatory
and Legal Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Risk
of Investing in Quality Companies |
○ |
○ |
○ |
○ |
|
• |
|
Sampling
Risk |
• |
• |
• |
• |
• |
• |
• |
Securities
Lending Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Smaller
Company Risk |
• |
• |
• |
• |
• |
• |
• |
Technology
Sector Risk |
|
|
|
|
• |
• |
• |
Transactions
and Liquidity Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Value
Investing Risk |
○ |
○ |
○ |
○ |
|
|
• |
Volatility
Risk |
|
|
|
|
|
|
|
Volcker
Rule Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
WHAT
IS A DERIVATIVE? |
Derivatives
are securities or contracts (for example, futures) that derive their value
from the performance of underlying assets or
securities. |
JPMorgan
BetaBuilders Canada ETF |
0.19% |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF |
0.19 |
JPMorgan
BetaBuilders Europe ETF |
0.09 |
JPMorgan
BetaBuilders International Equity ETF |
0.07 |
JPMorgan
BetaBuilders Japan ETF |
0.19 |
JPMorgan
BetaBuilders U.S. Equity ETF |
0.02 |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
0.07 |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
0.09 |
JPMorgan
Carbon Transition U.S. Equity ETF |
0.15 |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
0.44 |
JPMorgan
Diversified Return International Equity ETF |
0.37 |
JPMorgan
Diversified Return U.S. Equity ETF |
0.18 |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
0.24 |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
0.29 |
JPMorgan
U.S. Momentum Factor ETF |
0.12 |
JPMorgan
U.S. Quality Factor ETF |
0.12 |
JPMorgan
U.S. Value Factor ETF |
0.12 |
|
Per
share operating performance
| |||||
|
|
Investment
operations |
Distributions
| |||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income
|
Total
distributions
|
JPMorgan
BetaBuilders Canada ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
$67.80 |
$1.59 |
$(10.53) |
$(8.94) |
$(1.56) |
$(1.56) |
Year
Ended October 31, 2021 (k) |
45.99 |
1.38 |
21.78 |
23.16 |
(1.35) |
(1.35) |
Year
Ended October 31, 2020 (k) |
49.78 |
1.29 |
(3.82) |
(2.53) |
(1.26) |
(1.26) |
Year
Ended October 31, 2019 (k) |
45.19 |
1.31 |
4.47 |
5.78 |
(1.19) |
(1.19) |
August
7, 2018 (j) through October 31, 2018 (k) |
49.31 |
0.29 |
(4.31) |
(4.02) |
(0.10) |
(0.10) |
JPMorgan
BetaBuilders Developed Asia Pacific ex-Japan ETF (formerly known
as
JPMorgan BetaBuilders Developed Asia ex-Japan ETF) |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
56.89 |
2.12 |
(12.86) |
(10.74) |
(3.39) |
(3.39) |
Year
Ended October 31, 2021 (k) |
44.97 |
2.44 |
11.48 |
13.92 |
(2.00) |
(2.00) |
Year
Ended October 31, 2020 (k) |
50.63 |
1.58 |
(5.65) |
(4.07) |
(1.59) |
(1.59) |
Year
Ended October 31, 2019 (k) |
45.36 |
2.10 |
5.17 |
7.27 |
(2.00) |
(2.00) |
August
7, 2018 (j) through October 31, 2018 (k) |
50.73 |
0.44 |
(5.48) |
(5.04) |
(0.33) |
(0.33) |
JPMorgan
BetaBuilders Europe ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
59.74 |
1.78 |
(15.31) |
(13.53) |
(2.60) |
(2.60) |
Year
Ended October 31, 2021 (k) |
43.29 |
1.67 |
16.19 |
17.86 |
(1.41) |
(1.41) |
Year
Ended October 31, 2020 (k) |
48.71 |
1.08 |
(5.43) |
(4.35) |
(1.07) |
(1.07) |
Year
Ended October 31, 2019 (k) |
45.19 |
1.79 |
3.28 |
5.07 |
(1.55) |
(1.55) |
June
15, 2018 (j) through October 31, 2018 (k) |
49.58 |
0.26 |
(4.58) |
(4.32) |
(0.07) |
(0.07) |
JPMorgan
BetaBuilders International Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
60.53 |
1.51 |
(15.16) |
(13.65) |
(2.16) |
(2.16) |
Year
Ended October 31, 2021
|
46.20 |
1.67 |
14.10 |
15.77 |
(1.44) |
— |
December
3, 2019 (j) through October 31, 2020
|
49.79 |
1.05 |
(4.26)(i) |
(3.21) |
(0.38) |
— |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(g) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(h) |
Certain
non-recurring expenses incurred by the Fund were not annualized for the
period indicated. |
(i) |
Calculation
of the net realized and unrealized gains (losses) per share do not
correlate with the Fund’s net realized and unrealized gains (losses)
presented in the
Statement
of Operations due to the timing of capital transactions in relation to the
fluctuating market values of the Fund’s
investments. |
(j) |
Commencement
of operations. |
(k) |
Per
share amounts reflects a 1:2 reverse stock split that occurred on April
12, 2021. See Note 1. |
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$57.30 |
$57.35 |
(13.34)% |
(13.49)% |
$5,644,273,295 |
0.19% |
2.51% |
0.19% |
5% |
67.80 |
67.98 |
50.77 |
50.84 |
6,071,268,619 |
0.19 |
2.28 |
0.19 |
2 |
45.99 |
46.10 |
(4.98) |
(4.81) |
3,640,211,260 |
0.19 |
2.74 |
0.19 |
4 |
49.78 |
49.80 |
13.08 |
12.97 |
3,800,754,020 |
0.19 |
2.73 |
0.34(f) |
7 |
45.19 |
45.24 |
(8.18) |
(8.05)(g) |
2,044,698,826 |
0.19(h) |
2.55 |
0.37(f)(h) |
1 |
|
|
|
|
|
|
|
|
|
42.76 |
42.79 |
(19.60) |
(19.87) |
3,412,010,904 |
0.20 |
4.17 |
0.20 |
14 |
56.89 |
57.12 |
31.14 |
31.26 |
4,113,118,547 |
0.19 |
4.26 |
0.19 |
6 |
44.97 |
45.10 |
(7.87) |
(7.45) |
1,465,970,894 |
0.19 |
3.40 |
0.19 |
6 |
50.63 |
50.54 |
16.18 |
15.94 |
1,442,853,830 |
0.19 |
4.22 |
0.39(f) |
7 |
45.36 |
45.38 |
(9.97) |
(9.93)(g) |
603,313,934 |
0.19(h) |
3.94 |
0.45(f)(h) |
2 |
|
|
|
|
|
|
|
|
|
43.61 |
43.62 |
(23.01) |
(23.22) |
3,527,687,759 |
0.10 |
3.36 |
0.10 |
7 |
59.74 |
59.92 |
41.54 |
41.77 |
9,427,453,378 |
0.09 |
2.92 |
0.09 |
6 |
43.29 |
43.34 |
(8.92) |
(8.90) |
3,701,005,509 |
0.09 |
2.33 |
0.09 |
5 |
48.71 |
48.78 |
11.43 |
11.32 |
3,853,145,624 |
0.09 |
3.83 |
0.25(f) |
7 |
45.19 |
45.28 |
(8.75) |
(8.55)(g) |
1,314,930,292 |
0.09(h) |
1.45 |
0.34(f)(h) |
2 |
|
|
|
|
|
|
|
|
|
44.72 |
44.75 |
(23.02) |
(23.11) |
2,710,097,518 |
0.07 |
2.88 |
0.07 |
6 |
60.53 |
60.64 |
34.26 |
34.24 |
3,680,140,678 |
0.07 |
2.85 |
0.07 |
5 |
46.20 |
46.29 |
(6.45) |
(6.27)(g) |
1,866,670,302 |
0.07 |
2.40 |
0.07 |
8 |
|
Per
share operating performance
| |||||
|
|
Investment
operations |
Distributions
| |||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income
|
Total
distributions
|
JPMorgan
BetaBuilders Japan ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
$57.16 |
$1.03 |
$(14.91) |
$(13.88) |
$(1.59) |
$(1.59) |
Year
Ended October 31, 2021 (k) |
48.39 |
1.04 |
8.36 |
9.40 |
(0.63) |
— |
Year
Ended October 31, 2020 (k) |
49.07 |
0.84 |
(0.39) |
0.45 |
(1.13) |
— |
Year
Ended October 31, 2019 (k) |
45.45 |
0.97 |
2.93 |
3.90 |
(0.28) |
— |
June
15, 2018 (j) through October 31, 2018 (k) |
49.58 |
0.48 |
(4.61) |
(4.13) |
— |
— |
JPMorgan
BetaBuilders U.S. Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
84.15 |
1.11 |
(14.86) |
(13.75) |
(1.02) |
(1.02) |
Year
Ended October 31, 2021
|
59.59 |
1.02 |
24.48 |
25.50 |
(0.94) |
— |
Year
Ended October 31, 2020
|
54.60 |
1.14 |
4.83 |
5.97 |
(0.98) |
— |
March
12, 2019 (j) through October 31, 2019
|
50.14 |
0.68 |
4.29 |
4.97 |
(0.51) |
— |
JPMorgan
BetaBuilders U.S. Mid Cap Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
93.59 |
1.03 |
(19.57) |
(18.54) |
(0.99) |
(0.99) |
Year
Ended October 31, 2021
|
64.16 |
0.90 |
29.27 |
30.17 |
(0.74) |
— |
April
14, 2020 (j) through October 31, 2020
|
50.78 |
0.33 |
13.32(i) |
13.65 |
(0.27) |
— |
JPMorgan
BetaBuilders U.S. Small Cap Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
67.49 |
0.77 |
(12.79) |
(12.02) |
(0.80) |
(0.80) |
November
16, 2020 (j) through October 31, 2021
|
51.27 |
0.62 |
16.04 |
16.66 |
(0.44) |
(0.44) |
JPMorgan
Carbon Transition U.S. Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
62.33 |
0.77 |
(9.94) |
(9.17) |
(0.79) |
(0.79) |
December
9, 2020 (j) through October 31, 2021
|
49.29 |
0.63 |
12.95 |
13.58 |
(0.54) |
(0.54) |
JPMorgan
Diversified Return Emerging Markets Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
56.99 |
2.21 |
(10.86) |
(8.65) |
(2.80) |
(2.80) |
Year
Ended October 31, 2021
|
46.47 |
1.81 |
10.70 |
12.51 |
(1.99) |
— |
Year
Ended October 31, 2020
|
54.43 |
1.46 |
(7.48) |
(6.02) |
(1.94) |
— |
Year
Ended October 31, 2019
|
50.91 |
2.07 |
2.97 |
5.04 |
(1.52) |
— |
Year
Ended October 31, 2018
|
57.15 |
1.59 |
(5.37) |
(3.78) |
(2.46) |
— |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(g) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(h) |
Certain
non-recurring expenses incurred by the Fund were not annualized for the
period indicated. |
(i) |
Calculation
of the net realized and unrealized gains (losses) per share do not
correlate with the Fund’s net realized and unrealized gains (losses)
presented in the
Statement
of Operations due to the timing of capital transactions in relation to the
fluctuating market values of the Fund’s
investments. |
(j) |
Commencement
of operations. |
(k) |
Per
share amounts reflects a 1:2 reverse stock split that occurred on April
12, 2021. See Note 1. |
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$41.69
|
$41.73 |
(24.96)% |
(24.95)% |
$6,211,237,563 |
0.19% |
2.10% |
0.19% |
4% |
57.16 |
57.21 |
19.47 |
18.98 |
7,864,537,853 |
0.19 |
1.83 |
0.19 |
3 |
48.39 |
48.64 |
0.87 |
1.24 |
5,323,035,447 |
0.19 |
1.77 |
0.19 |
5 |
49.07 |
49.14 |
8.74 |
9.07 |
4,318,521,919 |
0.19 |
2.14 |
0.33(f) |
4 |
45.45 |
45.36 |
(8.35) |
(8.51)(g) |
2,336,087,667 |
0.19(h) |
2.63 |
0.37(f)(h) |
5 |
|
|
|
|
|
|
|
|
|
69.38 |
69.42 |
(16.42) |
(16.33) |
1,276,523,608 |
0.02 |
1.47 |
0.02 |
4 |
84.15 |
84.11 |
43.02 |
42.97 |
782,605,972 |
0.02 |
1.34 |
0.02 |
4 |
59.59 |
59.58 |
11.09 |
11.05 |
238,372,575 |
0.02 |
1.99 |
0.02 |
4 |
54.60 |
54.61 |
9.95 |
9.97(g) |
46,409,125 |
0.02 |
2.01 |
0.02 |
3 |
|
|
|
|
|
|
|
|
|
74.06 |
73.92 |
(19.87) |
(20.10) |
1,390,564,346 |
0.07 |
1.29 |
0.07 |
30 |
93.59 |
93.68 |
47.15 |
47.52 |
1,698,624,114 |
0.07 |
1.05 |
0.07 |
27 |
64.16 |
64.06 |
26.91 |
26.71(g) |
988,131,953 |
0.07 |
0.91 |
0.07 |
7 |
|
|
|
|
|
|
|
|
|
54.67 |
54.38 |
(17.87) |
(18.39) |
494,762,260 |
0.09 |
1.35 |
0.09 |
30 |
67.49 |
67.56 |
32.56 |
32.70(g) |
442,061,490 |
0.09 |
0.98 |
0.09 |
27 |
|
|
|
|
|
|
|
|
|
52.37 |
52.38 |
(14.79) |
(14.79) |
20,947,681 |
0.15 |
1.35 |
0.15 |
16 |
62.33 |
62.34 |
27.68 |
27.70(g) |
24,933,394 |
0.15 |
1.26 |
0.15 |
27 |
|
|
|
|
|
|
|
|
|
45.54 |
45.81 |
(15.61) |
(15.20) |
163,926,226 |
0.44 |
4.19 |
0.44 |
33 |
56.99 |
57.05 |
26.93 |
27.80 |
153,882,748 |
0.44 |
3.18 |
0.44 |
29 |
46.47 |
46.21 |
(11.20) |
(11.80) |
213,760,142 |
0.44 |
2.97 |
0.44 |
26 |
54.43 |
54.50 |
10.00 |
10.31 |
353,795,416 |
0.45 |
3.87 |
0.87(f) |
51 |
50.91 |
50.83 |
(6.93) |
(7.43) |
213,804,252 |
0.45 |
2.80 |
0.96(f) |
53 |
|
Per
share operating performance
| |||||
|
|
Investment
operations |
Distributions
| |||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income
|
Total
distributions
|
JPMorgan
Diversified Return International Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
$61.02 |
$1.91 |
$(15.62) |
$(13.71) |
$(2.87) |
$(2.87) |
Year
Ended October 31, 2021
|
49.84 |
1.91 |
11.03 |
12.94 |
(1.76) |
— |
Year
Ended October 31, 2020
|
55.06 |
1.35 |
(5.01) |
(3.66) |
(1.56) |
— |
Year
Ended October 31, 2019
|
53.10 |
1.77 |
1.90 |
3.67 |
(1.71) |
— |
Year
Ended October 31, 2018
|
59.18 |
1.51 |
(5.29) |
(3.78) |
(2.30) |
— |
JPMorgan
Diversified Return U.S. Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
101.43 |
2.16 |
(7.56) |
(5.40) |
(2.09) |
(2.09) |
Year
Ended October 31, 2021
|
73.52 |
1.71 |
27.76 |
29.47 |
(1.56) |
— |
Year
Ended October 31, 2020
|
76.44 |
1.65 |
(2.82) |
(1.17) |
(1.75) |
— |
Year
Ended October 31, 2019
|
69.92 |
1.66 |
6.34 |
8.00 |
(1.48) |
— |
Year
Ended October 31, 2018
|
68.52 |
1.39 |
1.88 |
3.27 |
(1.87) |
— |
JPMorgan
Diversified Return U.S. Mid Cap Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
92.23 |
1.60 |
(8.73) |
(7.13) |
(1.50) |
(1.50) |
Year
Ended October 31, 2021
|
64.77 |
1.30 |
27.36 |
28.66 |
(1.20) |
(1.20) |
Year
Ended October 31, 2020
|
67.13 |
1.18 |
(2.38) |
(1.20) |
(1.16) |
(1.16) |
Year
Ended October 31, 2019
|
62.24 |
1.18 |
4.78 |
5.96 |
(1.07) |
(1.07) |
Year
Ended October 31, 2018
|
62.06 |
1.06 |
0.59 |
1.65 |
(1.47) |
(1.47) |
JPMorgan
Diversified Return U.S. Small Cap Equity ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
45.20 |
0.64 |
(5.41) |
(4.77) |
(0.58) |
(0.58) |
Year
Ended October 31, 2021
|
28.87 |
0.46 |
16.35 |
16.81 |
(0.48) |
(0.48) |
Year
Ended October 31, 2020
|
30.84 |
0.44 |
(2.01) |
(1.57) |
(0.40) |
(0.40) |
Year
Ended October 31, 2019
|
29.58 |
0.42 |
1.22 |
1.64 |
(0.38) |
(0.38) |
Year
Ended October 31, 2018
|
28.95 |
0.33 |
0.73 |
1.06 |
(0.43) |
(0.43) |
JPMorgan
U.S. Momentum Factor ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
47.71 |
0.50 |
(9.53) |
(9.03) |
(0.46) |
(0.46) |
Year
Ended October 31, 2021
|
33.68 |
0.34 |
14.00 |
14.34 |
(0.31) |
— |
Year
Ended October 31, 2020
|
29.04 |
0.35 |
4.63 |
4.98 |
(0.34) |
— |
Year
Ended October 31, 2019
|
25.98 |
0.37 |
2.99 |
3.36 |
(0.30) |
— |
November
8, 2017 (i) through October 31, 2018
|
25.00 |
0.35 |
0.95 |
1.30 |
(0.32) |
— |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(g) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(h) |
Certain
non-recurring expenses incurred by the Fund were not annualized for the
period indicated. |
(i) |
Commencement
of operations. |
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$44.44
|
$44.54 |
(23.25)% |
(23.15)% |
$671,062,140 |
0.37% |
3.59% |
0.37% |
28% |
61.02 |
61.08 |
26.00 |
26.08 |
842,016,222 |
0.37 |
3.14 |
0.37 |
35 |
49.84 |
49.86 |
(6.72) |
(6.62) |
867,200,124 |
0.37 |
2.61 |
0.37 |
23 |
55.06 |
55.02 |
7.05 |
7.23 |
1,282,867,303 |
0.38 |
3.27 |
0.41(f) |
25 |
53.10 |
52.98 |
(6.72) |
(7.22) |
1,444,332,261 |
0.40 |
2.57 |
0.44(f) |
28 |
|
|
|
|
|
|
|
|
|
93.94 |
94.05 |
(5.36) |
(5.28) |
507,282,453 |
0.18 |
2.18 |
0.18 |
22 |
101.43 |
101.46 |
40.36 |
40.44 |
710,012,574 |
0.18 |
1.86 |
0.18 |
33 |
73.52 |
73.50 |
(1.40) |
(1.44) |
536,709,641 |
0.18 |
2.26 |
0.18 |
21 |
76.44 |
76.45 |
11.65 |
11.65 |
802,625,997 |
0.19 |
2.27 |
0.37(f) |
24 |
69.92 |
69.93 |
4.74 |
4.70 |
559,362,329 |
0.19 |
1.95 |
0.41(f) |
32 |
|
|
|
|
|
|
|
|
|
83.60 |
83.55 |
(7.78) |
(7.90) |
267,520,530 |
0.24 |
1.82 |
0.24 |
24 |
92.23 |
92.30 |
44.51 |
44.73 |
239,808,712 |
0.24 |
1.57 |
0.24 |
34 |
64.77 |
64.72 |
(1.66) |
(1.79) |
220,207,846 |
0.24 |
1.86 |
0.24 |
28 |
67.13 |
67.17 |
9.73 |
9.780 |
187,973,791 |
0.24 |
1.82 |
0.43(f) |
25 |
62.24 |
62.25 |
2.59 |
2.57 |
112,028,180 |
0.24 |
1.64 |
0.50(f) |
35 |
|
|
|
|
|
|
|
|
|
39.85 |
39.93 |
(10.59) |
(10.49) |
286,932,997 |
0.29 |
1.55 |
0.29 |
26 |
45.20 |
45.24 |
58.49 |
58.25 |
176,262,186 |
0.29 |
1.13 |
0.29 |
37 |
28.87 |
28.94 |
(4.99) |
(4.85) |
148,672,825 |
0.29 |
1.54 |
0.29 |
30 |
30.84 |
30.87 |
5.64 |
5.75 |
140,343,327 |
0.29 |
1.40 |
0.54(f) |
43 |
29.58 |
29.58 |
3.61 |
3.43 |
96,135,254 |
0.29 |
1.08 |
0.61(f) |
30 |
|
|
|
|
|
|
|
|
|
38.22 |
38.25 |
(18.97) |
(18.86) |
229,323,118 |
0.12 |
1.20 |
0.12 |
43 |
47.71 |
47.68 |
42.72 |
42.38 |
221,858,171 |
0.12 |
0.80 |
0.12 |
44 |
33.68 |
33.74 |
17.33 |
17.50 |
134,743,086 |
0.12 |
1.11 |
0.12 |
39 |
29.04 |
29.05 |
13.06 |
13.06 |
56,620,589 |
0.12 |
1.35 |
0.55(f) |
52 |
25.98 |
25.99 |
5.17 |
5.21(g) |
28,575,370 |
0.12(g) |
1.32 |
0.74(f)(h) |
44 |
|
Per
share operating performance
| |||||
|
|
Investment
operations |
Distributions
| |||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income
|
Total
distributions
|
JPMorgan
U.S. Quality Factor ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
$43.45 |
$0.66 |
$(5.34) |
$(4.68) |
$(0.63) |
$(0.63) |
Year
Ended October 31, 2021
|
31.53 |
0.60 |
11.91 |
12.51 |
(0.59) |
— |
Year
Ended October 31, 2020
|
29.74 |
0.56 |
1.70 |
2.26 |
(0.47) |
— |
Year
Ended October 31, 2019
|
26.56 |
0.58 |
3.11 |
3.69 |
(0.51) |
— |
November
8, 2017 (i) through October 31, 2018
|
25.00 |
0.52 |
1.52 |
2.04 |
(0.48) |
— |
JPMorgan
U.S. Value Factor ETF |
|
|
|
|
|
|
Year
Ended October 31, 2022
|
37.09 |
0.80 |
(4.19) |
(3.39) |
(0.80) |
(0.80) |
Year
Ended October 31, 2021
|
24.99 |
0.72 |
12.03 |
12.75 |
(0.65) |
— |
Year
Ended October 31, 2020
|
27.29 |
0.77 |
(2.29) |
(1.52) |
(0.78) |
— |
Year
Ended October 31, 2019
|
25.21 |
0.75 |
1.97 |
2.72 |
(0.64) |
— |
November
8, 2017 (i) through October 31, 2018
|
25.00 |
0.64 |
0.16 |
0.80 |
(0.59) |
— |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Prior
to November 1, 2019, the Fund may have waived fees if expenses exceeded
the expense cap. On November 1, 2019, the Fund adopted a unitary fee
structure
where
a management fee is accrued by the fund based on prior day net assets and
other expenses are paid by the Advisor. |
(g) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(h) |
Certain
non-recurring expenses incurred by the Fund were not annualized for the
period indicated. |
(i) |
Commencement
of operations. |
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$38.14 |
$38.16 |
(10.84)% |
(10.85)% |
$579,728,107 |
0.12%
|
1.64% |
0.12% |
18% |
43.45 |
43.48 |
39.97 |
40.02 |
393,204,091 |
0.12 |
1.56 |
0.12 |
21 |
31.53 |
31.54 |
7.72 |
7.68 |
384,671,209 |
0.12 |
1.81 |
0.12 |
20 |
29.74 |
29.76 |
14.10 |
14.18 |
107,067,872 |
0.12 |
2.05 |
0.50(f) |
21 |
26.56 |
26.56 |
8.15 |
8.15(f) |
29,215,267 |
0.12(h) |
2.01 |
0.74(f)(h) |
22 |
|
|
|
|
|
|
|
|
|
32.90 |
32.88 |
(9.21) |
(9.24) |
444,083,720 |
0.12 |
2.28 |
0.12 |
21 |
37.09 |
37.08 |
51.38 |
51.88 |
400,579,487 |
0.12 |
2.01 |
0.12 |
34 |
24.99 |
24.90 |
(5.39) |
(5.76) |
62,468,155 |
0.12 |
2.99 |
0.12 |
25 |
27.29 |
27.30 |
11.01 |
11.05 |
66,849,642 |
0.12 |
2.90 |
0.52(f) |
22 |
25.21 |
25.21 |
3.12 |
3.12(f) |
28,986,509 |
0.12(h) |
2.52 |
0.75(f)(h) |
26 |