Beyond Ordinary ETFs®

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The performance data contained herein represents past performance which does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. For performance information current to the most recent month end, please contact us. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments.

Tax Capabilities

Financial Professionals who register get full access to our Advisor Hub’s suite of asset allocation case studies and tools. 6The adviser and sub-adviser have each agreed to waive its respective advisory and sub-advisory fee by 0.25% on an annualized basis through October 31, 2026. At J.P. Morgan, we’re combining the built-in benefits of ETFs with our best-in-class research insights, portfolio expertise and trading capabilities.

The amounts shown above are as of the current prospectus, but may not include extraordinary expenses incurred by the Fund over the past fiscal year. Amounts are rounded to the nearest basis point, which in some cases may be “0.00”. For more information about the tax treatment of a particular ETP, make sure to read the prospectus or pricing supplement. Consult a tax professional if you need clarification of tax implications before making an investment. The assets held by an ETF might pay interest or dividends, which may be either reinvested or paid periodically to shareholders, depending on the way the ETF is structured.

Some ETPs are designed to provide returns that are leveraged (such as two- or three-times) or inverse (such as the opposite or twice the opposite) of the return of the index or benchmark they track. These are typically referred to as leveraged or inverse (collectively, “geared”) ETPs. This geared exposure is usually for a specific period, like one day or one month, and such products are generally not designed to be held for periods that deviate from that. In addition to leveraged and inverse products, many single-stock ETFs offer geared exposure but to individual stocks. Market price returns are based on the prior-day closing market price, which is the average of the midpoint bid-ask prices at 4 p.m. Market price returns do not represent the returns an investor would receive if shares were traded at other times.

Our latest ETF investment and educational insights

  • The performance data quoted represents past performance and is no guarantee of future results.
  • FINRA provides an easy-to-use, online Fund Analyzer that allows you to compare expenses among ETPs.
  • The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
  • This might offer investors convenient and cost-effective exposure; however, these investment vehicles can also be complex and carry additional risks.
  • In addition, asset types and investment strategies previously only available to more sophisticated investors have been increasingly made available more broadly to investors through ETPs.
  • As with any investment, ETPs can expose you to a range of risks, so understanding the products and how they work is important.

For example, some ETFs with sustainable or socially responsible objectives might have very similar holdings to those of popular indexes that don’t have those objectives, and the same might be true of some actively managed ETFs. Before making any investment, know your financial objectives and understand the risks of the exact type of product you’re considering. 5The Fund’s adviser has contractually agreed, through at least October 31, 2026, to waive its management fee to 0.75% of the Fund’s average daily net assets. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory and other services. Additional information is available in our Client Relationship Summary (Form CRS) (PDF).

INVESTMENT OBJECTIVE

Certain funds have fees waivers and/or expense reimbursements in effect. To view standardized returns for the funds, please click on any of the ETF names above. ETFs, like mutual funds, are pooled investment funds that offer investors an interest in a professionally managed, diversified portfolio of investments. But unlike mutual funds, ETF shares trade like stocks and can be bought or sold throughout the trading day at fluctuating prices.

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When this is the case, index performance will calvenridge trust canada be lower than if the index used the Fund’s applicable withholding tax rates, if any. Before investing consider carefully the investment objectives, risks, and charges and expenses of the fund, including management fees, other expenses and special risks. This and other information may be found in each fund’s prospectus or summary prospectus, if available. Always read the prospectus or summary prospectus carefully before you invest or send money. ETPs can provide diversification, flexibility and exposure to a wide array of markets at a relatively low cost.

In addition, asset types and investment strategies previously only available to more sophisticated investors have been increasingly made available more broadly to investors through ETPs. But as is the case with any investment product, it pays to be informed and understand the risks before making any financial decisions. ETPs that invest in commodities, currencies or related futures may be structured differently, and some may even be registered under the Investment Company Act of 1940. Know what type of ETP you’re investing in, since the structure can impact the product’s costs, risks and tax consequences.