JMMF ETF — JPMorgan 100% U.S. Treasury Securities Money Market ETF

JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF)

Updated October 16, 2026.

JMMF is a low-cost ETF linked to 100% U.S. Treasury Securities. its distribution rate is 3.68%, its trailing-12-month yield is 2.95%, its expense ratio is 0.16%. Total return is 3.0% over the past 0.8 years, 8.9 points behind SPY at 11.9%.

JPMorgan 100% U.S. Treasury Securities Money Market ETF is an ETF that invests exclusively in direct obligations of the U.S. Treasury, including Treasury bills, bonds, and notes, while maintaining a cash position to support liquidity and redemptions. The fund offers a moderate current distribution rate with weekly distributions and carries a low expense ratio of 0.16%. It appeals to investors seeking current income with minimal risk and high liquidity through direct Treasury exposure.

JMMF performance versus SPY

Price and return data through 2026-10-16.

Total return is 3.0% over the past 0.8 years, 8.9 points behind SPY at 11.9%. Its deepest 1-year drawdown was 0.3%.

JMMF key facts

Issuer

JPMorgan

Asset type

ETF

Asset class

Fixed Income

Inception date

12/10/2025

Expense ratio

0.16%

Distribution rate

3.68%

Distribution frequency

Weekly

Trailing yield

2.95%

Last close

$100.17 (as of 2026-10-16)

AUM

$96,155,172

Average volume

40174.0

Dividend

$0.07092

Ex-dividend date

10/09/2026

Payment date

10/13/2026

Beta

0.0014

How Dividend Vision calculates yield and returns

Distribution rate (3.68%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.95%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: JPMorgan or company page; Index: 100% U.S. Treasury Securities; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

JMMF risks and drawbacks

JMMF's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.3%.

Who may consider JMMF — and who may not

JMMF may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on JMMF

• All tickers starting with J

Tagged: Money Market, Treasury, Cash.

Frequently asked questions

More securities from JPMorgan.