JOYT

JPMorgan Equity and Options Total Return ETF

$52.90
+0.00%
Market closed. Last update: 11:37 PM ET

📎 Investment Objective

The JPMorgan Equity and Options Total Return ETF (JOYT) seeks to provide total return by investing in a portfolio of U.S. equities and options on those equities.

Overview

ETF tracking JPMorgan Equity and Options Total Return ETF

Category Other
Issuer Other
Inception Date 2025-08-19
Market Cap $41.0M
Average Volume N/A
Dividend Yield 0.03%
52-Week Range $49.63 - $53.44
VWAP $52.61

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The JPMorgan Equity and Options Total Return ETF (JOYT) seeks to provide total return by investing in a portfolio of U.S. equities and options on those equities.

🎯 Investment Strategy

The fund aims to achieve its objective by investing in a diversified portfolio of U.S. stocks and using options strategies, such as covered calls, to generate additional income. The portfolio is actively managed by JPMorgan's investment team.

✨ Key Features

  • Actively managed portfolio of U.S. equities
  • Uses options strategies like covered calls to generate additional income
  • Aims to provide total return through a combination of capital appreciation and income generation
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions.
  • Options risk: The use of options strategies may not be successful and could result in losses.
  • Active management risk: The fund's performance could be worse than the overall market if the manager's investment decisions are incorrect.
  • Liquidity risk: The fund may have difficulty selling certain holdings, which could affect performance.

👤 Best For

This ETF may be suitable for investors seeking total return through a combination of capital appreciation and income generation, and who are comfortable with the risks associated with an actively managed portfolio that utilizes options strategies.