JPMorgan U.S. Aggregate Bond ETF
JAGG
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- DE United States of America
- IPO Date
- Dec 12, 2018
- CIK
- 0001485894
- Similar Companies
- Business
- JPMorgan U.S. Aggregate Bond ETF (JAGG) is an actively managed exchange-traded fund that seeks to outperform the Bloomberg U.S. Aggregate Bond Index by investing primarily in a diversified portfolio of U.S. investment-grade fixed income securities, including government bonds, corporate bonds, mortgage-backed securities, and asset-backed securities; the fund maintains at least 80% of its assets in securities that meet the index's criteria or equivalents, employing active strategies such as duration management, sector rotation, and security selection to generate excess returns. Launched on December 12, 2018, and sponsored by J.P. Morgan Exchange-Traded Fund Trust under JPMorgan Asset Management, a division of JPMorgan Chase & Co. headquartered in New York, the ETF targets institutional and retail investors seeking core bond market exposure with low volatility and limited drawdowns; as of late 2025, it manages approximately $1.36 billion in assets under management with an expense ratio of 0.07% and a trailing 12-month dividend yield of 3.79%. The fund's top holdings typically represent around 17.61% of assets, with sovereign bonds at 42.64%, mortgage-backed securities at 25.26%, corporates at 23.23%, and cash at 5.32%, providing broad U.S.-focused intermediate-term bond market participation without significant emerging market or non-U.S. exposure. In recent developments, JAGG transitioned from active to passive management prior to February 1, 2023, rebranding as JPMorgan BetaBuilders U.S. Aggregate Bond ETF while retaining its ticker and shifting to track the Bloomberg U.S. Aggregate Bond Index via market-cap weighting, reflecting a strategic alignment with JPMorgan's BetaBuilders suite for cost-efficient beta replication. JPMorgan Asset Management has expanded its broader fixed income ETF platform amid this change, launching related active products such as the JPMorgan Active Global Aggregate Bond UCITS ETF (also ticker JAGG in Europe) in October 2023, which has since outperformed its benchmark by 0.57% gross of fees through December 2024, and introducing euro-denominated active ETFs like JEGG in early 2025 to capitalize on growing demand for active fixed income strategies projected to reach $1.7 trillion globally by 2030. These expansions underscore JPMAM's focus on enhancing its active and passive fixed income offerings across regions, supported by a global team of over 300 professionals, while JAGG continues to deliver stable performance with year-to-date returns around 2.66% and 5.32% over 12 months as of late 2025.