AI's public-image problem and bubble concerns are growing. Here are four defensive ETFs offering quality, diversification and income.
JPMorgan Ultra-Short Income ETF (JPST) is rated Hold due to lagging recent performance and higher expenses versus peers. JPST's active management and barbell credit strategy have not delivered a meaningful advantage in yield or returns compared to similar funds. Recent years show JPST underperforming its Morningstar category, ranking in the 80th percentile YTD 2026, with only average risk-adjusted results.
JPMorgan Ultra-Short Income ETF targets current income and capital preservation via a high-quality, investment-grade portfolio. JPST maintains low duration risk (0.83 years) and spread duration (0.99 years), minimizing sensitivity to interest rate and credit spread changes. The portfolio is highly liquid, with 66% annual churn and most holdings maturing in under a year, further reducing risk.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 89,569 | $4.51M | $4.51M | -$6,843.51 | -0.15% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 48 | $2,429.44 | $2,415.12 | -$14.32 | -0.59% |
| MM Michael Motolo CVS HEALTH Corp | 98,500 | $4.98M | $4.96M | -$26,102.5 | -0.52% |
Curtis Ellergodt Rothschild Investment LLC | 18 | $904 | $905.4 | $1.4 | 0.15% |
Tom McDonald Richards, MERRILL & PETERSON Inc. | 18,970 | $958,764.93 | $954,949.8 | -$3,815.13 | -0.4% |
| ARCA Exchange | US Country |
The fund aims to fulfill its investment goal by channeling at least 80% of its resources into high-grade, U.S. dollar-denominated short-term fixed, variable, and floating rate debt securities. Here, "Assets" encompasses both net assets and any borrowings made for investment purposes. This investment approach is designed to provide a stable and relatively low-risk option for investors looking to achieve steady income or preserve capital while still maintaining a level of liquidity in their investment portfolio.
These are debt offerings issued by corporations to fund their operations, expansions, or other financial needs. Corporate securities can offer higher yields compared to government securities, reflecting the increased risk. Investing in corporate securities allows the fund to tap into the potential growth and profitability of various sectors and industries.
ABS are bonds or notes backed by financial assets. Typically these assets consist of receivables other than mortgage loans, such as credit card receivables, auto loans, and student loans, that are securitized through a process known as securitization. This type of investment can provide diversification benefits and is generally characterized by a predictable income stream and credit risk that is isolated from the issuer's credit risk.
This category includes securities that are either directly backed by a collection of mortgage loans or securities that are related to the mortgage industry. These securities can offer a higher yield than U.S. Treasuries and are susceptible to prepayment and extension risk, which can affect their yield and return profile. The fund's investment in these securities aims to capitalize on the real estate market's movements without the necessity of investing directly in physical properties.
These include short-term debt securities such as commercial paper and certificates of deposit which are regarded as high quality due to their short maturities and the creditworthiness of their issuers. Money market instruments provide the fund with a high level of liquidity, enabling it to meet its short-term obligations and capitalize on immediate investment opportunities.