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Actively managed: it does not track an index — the declared benchmark is a yardstick for comparison
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US Equity Premium Income Active UCITS ETFIndex, costs, backtest, listings and taxation

ISIN: IE000RE0SQM6Ticker: JIPD (Borsa Italiana) · JIPD (Xetra)Issuer: JPMorgan
Issuer-declared data
Declared index
SPTR500N
TER
0.35%
Transaction costs
0.10% (issuer estimate, from the KID)
Management
Active management (from the KID)
Replication
Gestione attiva (dal KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
570.7 mln EUR
Domicile
Ireland
Inception date
6 November 2025
Data as declared by JPMorgan in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

US Equity Premium Income Active UCITS ETF is an actively managed ETF: it does not track an index — the declared index (SPTR500N) is a comparison yardstick only. The declared annual cost (TER) is 0.35%, plus 0.10% in transaction costs estimated by the issuer in the KID. Income is distributed to investors. The fund has assets of about 571 million euro, was launched on 6 November 2025 and is domiciled in Ireland. In our registry 3 other ETFs declare the same index.

The fund’s objective — in the issuer’s words

Investment Objective: The objective of the Sub-Fund is to provide income and long-term capital growth.

Keep reading the KID section ▾

Investment Policy:The Sub-Fund pursues an actively-managed investment strategy. The Sub-Fund aims to (i) invest in a portfolio of equity securities comprising primarily of companies that are domiciled in, or carrying out the main part of their economic activity in the USA, and (ii) sell equity call options and/or equity index call options, to generate an income through the associated dividends and options premiums. (i) Equity Portfolio The Sub-Fund aims to invest at least 67% of its assets (excluding assets held for ancillary liquidity purposes) in equity securities issued by companies that are domiciled in, or carrying out the main part of their economic activity in the USA. The Sub-Fund may also invest in equity securities issued by companies from any other country. (ii) Equity Call Options/Equity Index Call Options The Investment Manager seeks additional income through employing a financial derivative instrument ("FDI") overlay strategy which will be implemented by systematically selling equity call options and/or equity index call options which will typically have exposure to indices comprised of Benchmark Securities. The income provided from the option premiums is an important source of the Sub-Fund's return and may also reduce the Sub-Fund's volatility, the income generated from the option premiums may help offset any losses from the equity portfolio. However, investors should also note that the losses from the sale of equity call options and/or equity index call options may also offset the Sub-Fund's profits from increases in the value of the equity portfolio.

From the KID’s “Objectives” section · 15 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.35%: above the median of equity ETFs we track (0.22%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in Italian, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · EUR · from Nov 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+8.6%
Annualised
+10.5%
Volatility (ann.)
8.7%
Max drawdown
-5.32%
-4%+1%+5%+9%+13%Nov 2025Jan 2026Apr 2026Jun 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+9%Nov 2025Sept 2026
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%20252026−5.32% · 11 May 2026
Max drawdown
-5.32%
peak → trough
Trough
11 May 2026
from the 02 Mar 2026 peak
Recovery time
52 days
recovery only: trough to break-even
Underwater
122 days
decline + recovery: peak to break-even · ≈ 4 months · → recovered on 02 Jul 2026

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
02 Mar 202611 May 2026-5.32%02 Jul 2026122
15 Jan 202628 Jan 2026-2.78%06 Feb 202622
12 Nov 202520 Nov 2025-1.95%25 Nov 202513
30 Nov 202517 Dec 2025-1.81%06 Jan 202637
13 Aug 202620 Aug 2026-1.68%ongoing21

Calendar-year returns

2025
1.5%
2026
7.0%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20261.03.7-2.40.5-1.43.61.6-0.30.67.0
2025-0.91.5
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: JPMorgan. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Risk indicators· EUR

Full history
Volatility (ann.)8.81%
Max drawdown-6.72%
Sharpe0.13
Sortino0.18
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
267
268 total lines: 1 cash & derivatives
Top-10 weight
22.6%

Top 10 holdings

NVIDIA CORP · NVDA
3.00%
APPLE INC · AAPL
2.83%
MICROSOFT CORP · MSFT
2.79%
AMAZON.COM INC · AMZN
2.43%
ALPHABET INC-CL A · GOOGL
2.07%
BROADCOM INC · AVGO
1.96%
JOHNSON & JOHNSON · JNJ
1.94%
MASTERCARD INC - A · MA
1.92%
META PLATFORMS INC-CLASS A · META
1.86%
ABBVIE INC · ABBV
1.76%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerland: 0.7%ChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermanyDjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFranceGabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIreland: 5.6%IranIraqIcelandIsraelItalyJamaicaJordanJapanKazakhstanKenyaKyrgyzstanCambodiaSouth KoreaKosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 0.4%NorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 93.2%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States93.2%
Ireland5.6%
Switzerland0.7%
Netherlands0.4%
⬇ Download the full portfolio — Excel, 268 rows
Full portfolio declared by JPMorgan, as of 1 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
0.1667 EUR
ex 13 Aug 2026 · paid 4 Sept 2026
Dividends since first payment (8 months)
1.25 EUR
less than 12 months of history: not a full year, not comparable

Calendar per share (EUR)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.160.110.130.200.170.170.130.17

Latest dividends

Per shareEx-dividend dateRecord datePayment
0.1667 EUR13 Aug 202614 Aug 20264 Sept 2026
0.134 EUR9 Jul 202610 Jul 20267 Aug 2026
0.1712 EUR11 Jun 202612 Jun 20268 Jul 2026
0.1742 EUR21 May 202622 May 20265 Jun 2026
0.1958 EUR9 Apr 202610 Apr 20268 May 2026
0.1311 EUR12 Mar 202613 Mar 20267 Apr 2026
0.1134 EUR12 Feb 202613 Feb 20266 Mar 2026
0.1636 EUR15 Jan 202616 Jan 20266 Feb 2026
Per-share dividends as declared by the issuer, in EUR, since the first payment (15 Jan 2026). Past dividends are not indicative of future ones.

Share classes of the same fund

This page covers ISIN IE000RE0SQM6 (share class JPM - EUR (dist)). The other classes belong to the same fund but may differ in currency, income policy or currency hedging.
Share classISINTickerIncomeCurrency
JPM - USD (acc)IE0000EAPBT6JEIAAccumulatingUSD
JPM - EUR Hedged (dist)IE0006YCYW06JEIEDistributingEUR
JPM - EUR (dist) · this pageIE000RE0SQM6JIPDDistributingEUR
JPM - USD (dist)IE000U5MJOZ6JEPIDistributingUSD
Share classes declared by the issuer in official product lists (same fund = same issuer and same declared name). A dash “—” = not declared — not a zero.

ETFs declaring the same index

FundTERIncomeFund size
JUIE · JPMorgan · 3 classesactive
0.20%Acc.13.3 mld EUR
JUSE · JPMorgan · 2 classesactive
0.39%Acc.47 mln EUR
HELO · JPMorganactive
0.50%Acc.14 mln EUR
4 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE0000EAPBT6JEIA(class: USD (acc))
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
IE000U5MJOZ6JEPI(class: USD (dist))
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)JIPD13 Nov 2025
Börse DüsseldorfJIPD13 Nov 2025
Börse FrankfurtJIPD13 Nov 2025
Börse HamburgJIPD2 Dec 2025
Börse HannoverJIPD13 Jan 2026
Börse München / gettexJIPD13 Nov 2025
Börse StuttgartJIPD15 Dec 2025
Tradegate ExchangeJIPD21 Nov 2025
Xetra (Deutsche Börse)JIPD13 Nov 2025
+ 12 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does US Equity Premium Income Active UCITS ETF track?
The issuer JPMorgan declares the benchmark: SPTR500N.
How much does JIPD cost?
The issuer-declared TER is 0.35% per year; the transaction costs estimated in the KID are 0.10%.
How is JIPD taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of JIPD?
The fund size declared by JPMorgan is about 571 million euro.
When was JIPD launched?
The fund was launched on 6 November 2025: it has been trading for 302 days: the page fills up as the issuer publishes data.
Is JIPD actively or passively managed?
It is an ACTIVELY managed ETF: the manager picks the holdings, it does not replicate an index. The declared benchmark (SPTR500N) is a yardstick for comparison, not an index being tracked.
Does JIPD pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distribution”).
Where does JIPD trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (JIPD), Börse Düsseldorf (JIPD), Börse Frankfurt (JIPD), Börse Hamburg (JIPD), Börse Hannover (JIPD), Börse München / gettex (JIPD).
What was JIPD's worst fall?
Over the available history (since 2025), the maximum drawdown was -6.72%, reached in May 2026. Past performance is not indicative of future results.
How many securities does JIPD hold?
The declared portfolio holds 267 securities (plus 1 cash & derivative lines); the top 10 positions weigh 22.6%.
Transparency note
The data in this sheet is declared by JPMorgan in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.