JPIN Fees and Costs — JPMorgan Diversified Return International Equity ETF
Data updated: 2026-09-28
The net expense ratio is 0.37%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $31K in broker commissions, 0.0092% of average net assets, and portfolio turnover was 25%.
JPIN Fees and Expenses
Annual operating expenses and sales charges of JPIN. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.37% |
| Fee waiver | — |
| Net expense ratio | 0.37% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JPIN Costs Over Time
On $10,000 invested in JPIN, assuming 5% a year before costs, total costs come to $240 over 5 years, cutting the return by 0.40% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.37%) | $39 | $122 | $213 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $131 | $240 |
| Value after costs | $10,460 | $11,445 | $12,523 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
JPIN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0092%
- Total broker commissions: $31K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $5.7M
- Net income from securities lending: $34K (0.010% of average net assets)
JPIN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $8K | 26.84% |
| Goldman Sachs & Co. LLC | $6K | 20.56% |
| Morgan Stanley & Co. LLC | $4K | 12.35% |
| Citigroup Global Markets Inc. | $3K | 11.34% |
| UBS Securities LLC | $3K | 9.47% |
| Instinet, LLC | $2K | 8.02% |
| Credit Agricole Securities (USA) Inc. | $2K | 6.29% |
| CLSA Americas, LLC | $1K | 3.38% |
| Optiver V.O.F. | $301 | 1.00% |
| Nomura Securities International, Inc. | $229 | 0.76% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.