JPIE
J.P. Morgan Income ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for JPIE (J.P. Morgan Income ETF) using the Excess Return MMA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -3.6% (compared to the benchmark's drawdown of -6.0%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 4.7%, compared to a Buy-and-Hold benchmark return of 5.1%. The strategy executed 27 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Available in Investing Mode
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
Available in Investing Mode
JPIE Quality Metrics & KPI Summary
| Metric | 1Y | Full History | ||
|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | |
| CAGR | 3.94% | 4.87% | 4.71% | 5.13% |
| Sharpe Ratio | 3.23 | 2.92 | 2.01 | 1.46 |
| Max Drawdown | -0.82% | -1.15% | -3.58% | -5.98% |
| % Time Invested | 100.0% | 100.0% | 86.7% | 100.0% |
| Trades / Year | 5.0 | 0.0 | 6.4 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2025-02-24 | 2026-05-26 | Completed | 33.33% | $42.50 | $45.56 | 7.15% | Signal | |
| 2026-04-09 | 2026-05-20 | Completed | 33.33% | $45.39 | $45.41 | -0.01% | Signal | |
| 2026-03-26 | 2026-05-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.45% | Interest Income | |
| 2026-03-17 | 2026-04-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-11-26 | 2026-03-26 | Completed | 33.33% | $44.77 | $45.11 | 0.71% | Signal | |
| 2025-12-15 | 2026-03-17 | Completed | 33.33% | $44.88 | $45.31 | 0.89% | Signal | |
| 2025-11-20 | 2025-12-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income | |
| 2025-11-04 | 2025-11-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2025-11-04 | 2025-11-20 | Completed | 33.33% | $44.53 | $44.63 | 0.19% | Signal | |
| 2025-10-10 | 2025-11-04 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income | |
| 2025-05-27 | 2025-11-04 | Completed | 33.33% | $43.03 | $44.53 | 3.41% | Signal | |
| 2025-05-12 | 2025-10-10 | Completed | 33.33% | $42.86 | $44.34 | 3.40% | Signal | |
| 2025-04-16 | 2025-05-27 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.46% | Interest Income | |
| 2025-04-08 | 2025-05-12 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.39% | Interest Income | |
| 2024-12-05 | 2025-04-16 | Completed | 33.33% | $41.94 | $42.37 | 0.99% | Signal | |
| 2025-02-04 | 2025-04-08 | Completed | 33.33% | $42.30 | $42.34 | 0.03% | Signal | |
| 2025-01-30 | 2025-02-24 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-01-10 | 2025-02-04 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-07-12 | 2025-01-30 | Completed | 33.33% | $40.63 | $42.29 | 4.05% | Signal | |
| 2024-12-05 | 2025-01-10 | Completed | 33.33% | $41.94 | $42.06 | 0.25% | Signal | |
| 2024-11-05 | 2024-12-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.38% | Interest Income | |
| 2024-10-22 | 2024-12-05 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.56% | Interest Income | |
| 2024-06-03 | 2024-11-05 | Completed | 33.33% | $40.05 | $41.53 | 3.65% | Signal | |
| 2024-05-16 | 2024-10-22 | Completed | 33.33% | $40.06 | $41.65 | 3.91% | Signal | |
| 2024-06-06 | 2024-07-12 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.51% | Interest Income | |
| 2023-11-06 | 2024-06-06 | Completed | 33.33% | $38.06 | $40.20 | 5.57% | Signal | |
| 2024-03-05 | 2024-06-03 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.32% | Interest Income | |
| 2024-04-16 | 2024-05-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.46% | Interest Income | |
| 2024-03-26 | 2024-04-16 | Completed | 33.33% | $39.75 | $39.44 | -0.81% | Signal | |
| 2024-02-27 | 2024-03-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.42% | Interest Income | |
| 2023-11-06 | 2024-03-05 | Completed | 33.33% | $38.06 | $39.54 | 3.82% | Signal | |
| 2023-11-06 | 2024-02-27 | Completed | 33.33% | $38.06 | $39.39 | 3.44% | Signal | |
| 2023-08-11 | 2023-11-06 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.30% | Interest Income | |
| 2023-06-30 | 2023-11-06 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.93% | Interest Income | |
| 2023-06-08 | 2023-11-06 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 2.25% | Interest Income | |
| 2023-08-01 | 2023-08-11 | Completed | 33.33% | $37.87 | $37.73 | -0.43% | Signal | |
| 2023-05-26 | 2023-08-01 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.93% | Interest Income | |
| 2023-06-23 | 2023-06-30 | Completed | 33.33% | $37.76 | $37.72 | -0.16% | Signal | |
| 2023-05-31 | 2023-06-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-04-18 | 2023-06-08 | Completed | 33.33% | $37.71 | $37.75 | 0.05% | Signal | |
| 2022-07-26 | 2023-05-31 | Completed | 33.33% | $37.09 | $37.72 | 1.66% | Signal | |
| 2023-03-30 | 2023-05-26 | Completed | 33.33% | $37.47 | $37.48 | -0.03% | Signal | |
| 2023-03-07 | 2023-04-18 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.55% | Interest Income | |
| 2023-02-23 | 2023-03-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income | |
| 2022-12-01 | 2023-03-07 | Completed | 33.33% | $36.77 | $37.14 | 0.96% | Signal | |
| 2022-11-14 | 2023-02-23 | Completed | 33.33% | $36.22 | $37.11 | 2.42% | Signal | |
| 2022-09-21 | 2022-12-01 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.77% | Interest Income | |
| 2022-09-07 | 2022-11-14 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.70% | Interest Income | |
| 2022-07-26 | 2022-09-21 | Completed | 33.33% | $37.09 | $36.52 | -1.58% | Signal | |
| 2022-07-26 | 2022-09-07 | Completed | 33.33% | $37.09 | $36.74 | -0.99% | Signal | |
| 2022-05-12 | 2022-07-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2022-05-12 | 2022-07-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2022-05-12 | 2022-07-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |