Investing in ETFs with J.P. Morgan (2024)

FAQs

Is investing with J.P. Morgan worth it? ›

The bottom line: J.P. Morgan Self-Directed Investing is a clear-cut investment platform that is great for beginners looking to learn how to buy and sell investments. More advanced investors, however, may find it lacking in terms of available assets and tools.

The largest JPMorgan Chase ETF is the JPMorgan Equity Premium Income ETF JEPI with $34.00B in assets. In the last trailing year, the best-performing JPMorgan Chase ETF was JGRO at 25.40%. The most recent ETF launched in the JPMorgan Chase space was the JPMorgan Active Developing Markets Equity ETF JADE on 05/16/24.

The strategy combines equities with options to strike a balance among yield, capital growth and risk. JEPI seeks to deliver a significant portion of the returns associated with the S&P 500 Index with less volatility, in addition to monthly income.

In most cases, you may open a J.P. Morgan account with as little as $1,000.

The "art" side of investing can be challenging because it's driven by behavior and emotions. From 2001 - 2020, the S&P 500 has returned 7.5%. However, according to research by JP Morgan, the average investor has achieved only 2.9% in returns in that same time period.

On the negative side, J.P. Morgan Self-Directed Investing is available only to US residents. The product portfolio is limited to stocks, ETFs, options, bonds and mutual funds. Lastly, research capabilities are weak as charting tools are limited and there are no recommendations or analytical tools.

In 2023, SPYI generated total returns of 18.13% and price returns of 4.69%. JEPI's total returns were 9.81% with price returns of 0.90% over the same period. SPYI remains a consistent outperformer within the category and has a management fee of 0.68%.

This blend of growth and income makes JEPI particularly appealing for retirees and income-focused investors looking for a reliable source of cash flow without sacrificing the potential for long-term growth.

JEPI Dividend Information

JEPI has a dividend yield of 7.24% and paid $4.13 per share in the past year. The dividend is paid every month and the last ex-dividend date was Jul 1, 2024.

Sales of U.S. listed stocks and exchange-traded funds (ETFs) are subject to a transaction fee of between $0.01 and $0.03 per $1,000 principal.

How much money to open an account with J.P. Morgan? ›

What are the requirements to open new accounts with J.P. Morgan? Most of our funds require an initial investment of $1,000 to open an account.

J.P. Morgan Personal Advisors gives you access to a team of advisors over video or phone and who match you to an expert-built portfolio designed to help you meet your goals, starting at a recommended minimum of $25,000 in investable assets.

JPMorgan Chase & Co. has a consensus rating of Strong Buy which is based on 15 buy ratings, 5 hold ratings and 0 sell ratings.

JP Morgan (2022)

– (2022) 50,000 for Investment Banking division, acceptance rate 0.8%. – (2023) 198,584 applications for graduate program, for 5,496 positions, acceptance rate of 2.9%. – (2023) 11,871 graduates for 298 full time roles, acceptance rate of 2.5%.

JP Morgan private bank minimum requirement is $10 million. Chase private bank minimum requirement is an average beginning day balance of $150,000 or more.

1. Professional Tone:- I am drawn to JPMorgan Chase because of its reputation as one of the world's leading financial institutions and its commitment to providing innovative solutions to its clients. Additionally, I am impressed with the company's strong leadership and track record of success.