JPMorgan International Hedged Equity Laddered Overlay ETF (JIHIX)
| Fund Assets | 151.97M |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 2.50% |
| Dividend Growth | 5.46% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 18.22 |
| YTD Return | 13.59% |
| 1-Year Return | 9.83% |
| 5-Year Return | 44.01% |
| 52-Week Low | 15.98 |
| 52-Week High | 18.32 |
| Beta (5Y) | 0.45 |
| Holdings | 227 |
| Inception Date | Mar 15, 2019 |
About JIHIX
JPMorgan International Hedged Equity Fund Class I is a mutual fund designed to provide capital appreciation by investing in international equity markets while actively hedging overall market exposure. The fund primarily targets large-cap stocks outside the United States, closely tracking the MSCI EAFE Index. Its distinctive feature lies in its options overlay strategy: to minimize downside risk, the fund buys put options with strike prices 5% below the index’s market value, partially offsetting the cost by selling further out-of-the-money puts and call options. This approach typically protects against quarterly losses between 5% and 20%, while capping upside to a modest range above the index value. Managed by an experienced team at J.P. Morgan, the fund seeks to offer investors a low-volatility profile, aiming to cushion losses during periods of significant market stress. It appeals especially to institutional investors seeking global equity exposure with an embedded layer of risk management, as evidenced by its relatively high minimum investment and institutional share class structure. The fund’s disciplined execution, consistent performance outcomes, and reasonable expense ratio underscore its role as a risk-mitigating solution within the international equity space.
Performance
JIHIX had a total return of 9.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.85%.
Top 10 Holdings
16.39% of assets| Name | Symbol | Weight |
|---|---|---|
| AstraZeneca PLC | AZN | 2.03% |
| ASML Holding N.V. | ASML | 2.00% |
| Shell plc | SHEL | 1.94% |
| Nestlé S.A. | NESN | 1.82% |
| Siemens Aktiengesellschaft | SIE | 1.61% |
| Banco Santander, S.A. | SAN | 1.48% |
| Allianz SE | ALV | 1.48% |
| SAP SE | SAP | 1.41% |
| Safran SA | SAF | 1.33% |
| UniCredit S.p.A. | UCG | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.45604 | Dec 20, 2024 |
| Dec 20, 2023 | $0.43241 | Dec 21, 2023 |
| Dec 20, 2022 | $0.32744 | Dec 21, 2022 |
| Dec 20, 2021 | $0.41459 | Dec 21, 2021 |
| Dec 18, 2020 | $0.2813 | Dec 21, 2020 |
| Dec 30, 2019 | $0.00563 | Dec 31, 2019 |