JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- (JPST.TO) Price
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- Price
Underlying
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- provides 2X inversedaily exposure to US.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- List of Holdings
Frequently asked questions about JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged-
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- is offered by JPMorgan, a leading player in the field of passive investments.
The ISIN of JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- is CA4812CE1002.
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- aims to deliver 2 times the daily return of US (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- provides 2X daily short/inverse exposure to US. When US moves +1% in a day, JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- targets approximately 2% (before fees).
The ETF is listed in CAD.
European investors may incur additional costs for currency exchange and transaction fees.
No, JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- does not comply with the EU UCITS investor protection directives.
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- is domiciled in CA.
The fund was launched on 9/24/2025.
The JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- mainly invests in Investment Grade companies.
The NAV of JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged- amounts to 24.77 M CAD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
JPMorgan US Ultra-Short Income Active ETF Trust Unit -Hedged-