JSERX Performance — JPMorgan Small Cap Equity Fund, Class R5
Data updated: 2026-09-11
JSERX returned +14.21% year to date and +14.24% over one year to Jun 2026. Annualised returns are +9.15% over 3 years and +3.86% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $130, against $156 for the category, and to $114 over one year, against $133. Volatility over the past three years was 17.26% a year. In the 12 months to Jun 2026 the fund lost a net $831.2M, and assets reached $2.88B.
JSERX Growth of $100
What $100 invested in JPMorgan Small Cap Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | JSERX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $114 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $130 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $121 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $171 | $209 |
JSERX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.21% |
| 1 year | +14.24% |
| 3 years (annualised) | +9.15% |
| 5 years (annualised) | +3.86% |
JSERX Annual Returns
Calendar-year total returns of JPMorgan Small Cap Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +14.21% |
| 2025 | −2.44% |
| 2024 | +10.23% |
| 2023 | +12.10% |
| 2022 | −15.93% |
| 2021 | +16.22% |
| 2020 | +18.73% |
| 2019 (Jul–Dec) | +7.31% |
JSERX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.4% | +0.4% | −6.6% | +8.9% | +1.8% | +5.2% | — | — | — | — | — | — |
| 2025 | +3.6% | −4.7% | −5.7% | −3.7% | +5.7% | +2.9% | +1.1% | +2.5% | −3.7% | −1.7% | +1.5% | +0.5% |
| 2024 | −2.3% | +4.8% | +3.0% | −6.5% | +3.8% | −0.9% | +7.8% | +0.3% | +1.5% | −1.6% | +8.8% | −7.4% |
| 2023 | +10.1% | −1.7% | −5.2% | −0.7% | −3.9% | +8.2% | +3.8% | −3.6% | −5.9% | −6.1% | +9.5% | +9.5% |
| 2022 | −7.6% | 0.0% | +0.3% | −7.3% | −0.5% | −6.7% | +9.5% | −4.4% | −8.7% | +11.4% | +4.2% | −4.9% |
| 2021 | 0.0% | +6.2% | +0.9% | +5.3% | −0.1% | −1.3% | +1.3% | +0.8% | −3.3% | +4.5% | −4.0% | +5.5% |
| 2020 | −0.2% | −9.0% | −20.8% | +12.6% | +9.3% | +1.4% | +5.0% | +3.9% | −3.6% | +3.1% | +14.8% | +6.2% |
| 2019 | — | — | — | — | — | — | +2.1% | −3.6% | +1.6% | +1.4% | +3.3% | +2.6% |
JSERX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.26%
- 3-year Sharpe ratio: 0.27 (vs 4.5% risk-free rate)
- Best month: +9.47% (Dec 2023)
- Worst month: −7.41% (Dec 2024)
JSERX Fund Flows
Monthly money in and out of JPMorgan Small Cap Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$831.2M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 0.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $14.9M | $198.1M | −$183.2M |
| May 2026 | $23.2M | $157.4M | −$134.2M |
| Apr 2026 | $29.4M | $132.1M | −$102.7M |
| Mar 2026 | $105.4M | $101.8M | $3.6M |
| Feb 2026 | $21.7M | $141.2M | −$119.4M |
| Jan 2026 | $39.3M | $177.4M | −$138.2M |
| Dec 2025 | $607.0M | $250.4M | $356.7M |
| Nov 2025 | $92.2M | $171.5M | −$79.2M |
| Oct 2025 | $56.0M | $136.7M | −$80.7M |
| Sep 2025 | $30.8M | $76.5M | −$45.7M |
| Aug 2025 | $77.7M | $201.0M | −$123.3M |
| Jul 2025 | $43.8M | $228.7M | −$184.9M |
JSERX Assets Under Management
Net assets of JPMorgan Small Cap Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.88B |
| 2026-03-31 | $2.85B |
| 2025-12-31 | $3.16B |
| 2025-09-30 | $3.49B |
| 2025-06-30 | $3.85B |
| 2025-03-31 | $3.89B |
| 2024-12-31 | $4.38B |
| 2024-09-30 | $4.56B |
| 2024-06-30 | $4.57B |
| 2024-03-31 | $4.97B |
| 2023-12-31 | $5.47B |
| 2023-09-30 | $5.18B |
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.