JDIV: JPMORGAN DIVIDEND LEADERS ETF
JPMORGAN DIVIDEND LEADERS ETF (JDIV) Report
What this ETF is trying to do
The JPMORGAN DIVIDEND LEADERS ETF (ticker: JDIV) is an exchange-traded fund designed to invest in companies. Based on its name and holdings, it focuses on dividend-paying leaders across various industries.
What the numbers show
The current price of JDIV is $56.78. When looking at how the share price has moved, we can see both price returns and total returns. It is important to know that price return only measures the change in the share price, while total return includes both price changes and the value of distributions received.
• Year-to-Date (YTD): The YTD price return is approximately 5.91%. The YTD total return is higher, at approximately 7.18%.
• One-Year Performance: The one-year price return is approximately 5.29%. The one-year total return is approximately 7.57%.
To give you an idea of the price movement, the estimated price from roughly one year ago was $53.92.
Income and distribution explanation
JDIV provides cash distributions to investors. The distribution yield is approximately 2.06%. This number describes the cash paid out relative to the current ETF price. The fund usually pays distributions on a quarterly basis, though it has had 5 payouts in the last 12 months. Most recent distributions have been made on Tuesdays.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Top Holdings
The following are the top holdings in the portfolio (note that this list is partial):
• MICROSOFT CORP: 6.69%
• TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR: 6.02%
• NVIDIA CORP: 2.66%
• MASTERCARD INC CLASS A: 2.61%
• NEXTERA ENERGY INC: 2.48%
• YUM BRANDS INC: 1.98%
• ASML HOLDING NV: 1.96%
• ALPHABET INC CLASS C: 1.93%
• JOHNSON & JOHNSON: 1.92%
• SHELL PLC: 1.90%
Pros
• The fund shows positive price returns for both the year-to-date and one-year periods.
• The total return is higher than the price return, meaning distributions have added value to the overall performance.
• The erosion-risk measurements are positive.
Cons
• Total return data for the three-year period was not supplied.
• The distribution yield is relatively modest compared to some high-yield funds.
Beginner takeaway
JDIV is an ETF that tracks dividend-focused companies. For investors, the main takeaway is that the total return (which includes dividends) has been higher than the share price return alone. This indicates that the distributions are contributing to the fund's overall performance. Always remember that a distribution yield is not the same as total return.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 6.69% |
| 2 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR | n/a | 6.02% |
| 3 | NVIDIA CORP | NVDA | 2.66% |
| 4 | MASTERCARD INC CLASS A | MA | 2.61% |
| 5 | NEXTERA ENERGY INC | NEE | 2.48% |
| 6 | YUM BRANDS INC | YUM | 1.98% |
| 7 | ASML HOLDING NV | n/a | 1.96% |
| 8 | ALPHABET INC CLASS C | GOOG | 1.93% |
| 9 | JOHNSON & JOHNSON | JNJ | 1.92% |
| 10 | SHELL PLC | n/a | 1.90% |