JSEZX Performance — JPMorgan Small Cap Equity Fund, Class R2
Data updated: 2026-09-11
JSEZX returned +13.83% year to date and +13.48% over one year to Jun 2026. Annualised returns are +8.40% over 3 years and +3.15% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $127, against $156 for the category, and to $113 over one year, against $133. Volatility over the past three years was 17.23% a year. In the 12 months to Jun 2026 the fund lost a net $831.2M, and assets reached $2.88B.
JSEZX 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 | JSEZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $127 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $117 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $163 | $209 |
JSEZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.83% |
| 1 year | +13.48% |
| 3 years (annualised) | +8.40% |
| 5 years (annualised) | +3.15% |
JSEZX 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) | +13.83% |
| 2025 | −3.13% |
| 2024 | +9.48% |
| 2023 | +11.34% |
| 2022 | −16.50% |
| 2021 | +15.40% |
| 2020 | +17.93% |
| 2019 (Jul–Dec) | +6.92% |
JSEZX 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% | +0.3% | −6.6% | +8.8% | +1.8% | +5.1% | — | — | — | — | — | — |
| 2025 | +3.5% | −4.8% | −5.7% | −3.7% | +5.6% | +2.9% | +1.1% | +2.5% | −3.8% | −1.8% | +1.4% | +0.4% |
| 2024 | −2.3% | +4.7% | +3.0% | −6.6% | +3.7% | −1.0% | +7.8% | +0.2% | +1.4% | −1.7% | +8.7% | −7.5% |
| 2023 | +10.0% | −1.8% | −5.2% | −0.8% | −4.0% | +8.2% | +3.7% | −3.7% | −5.9% | −6.2% | +9.4% | +9.4% |
| 2022 | −7.7% | 0.0% | +0.2% | −7.3% | −0.6% | −6.8% | +9.4% | −4.4% | −8.8% | +11.3% | +4.1% | −5.0% |
| 2021 | −0.1% | +6.2% | +0.8% | +5.2% | −0.2% | −1.3% | +1.2% | +0.7% | −3.3% | +4.4% | −4.1% | +5.4% |
| 2020 | −0.2% | −9.1% | −20.8% | +12.5% | +9.3% | +1.4% | +4.9% | +3.8% | −3.6% | +3.0% | +14.8% | +6.2% |
| 2019 | — | — | — | — | — | — | +2.1% | −3.7% | +1.5% | +1.3% | +3.2% | +2.5% |
JSEZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.23%
- 3-year Sharpe ratio: 0.23 (vs 4.5% risk-free rate)
- Best month: +9.40% (Dec 2023)
- Worst month: −7.45% (Dec 2024)
JSEZX 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 |
JSEZX 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.