See what your fund actually adds
JPMorgan Research Market Neutral Fund Class A JMNAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | JMNAX | Replication |
|---|---|---|
| Annualized growth | 4.9% | 4.7% |
| Annualized volatility | 4.2% | 1.9% |
| Sharpe ratio | 1.15 | 2.41 |
| Maximum drawdown | 6.0% | 3.4% |
| Replication fit (R²) | 0.22 · Tracking error 3.8% | |
Replication portfolio
The published portfolio below is the investable basket used to model JMNAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 90.5% |
| MTUM | Factor · Momentum | 6.3% |
| VUG | Style · Growth | 3.2% |