JPMorgan Global Equity Premium Income (Hedged) Complex ETF (JHGA) Review & Analysis

MER · Top 50%AUM · #450 of 5081Y Return · #229 of 426

What's new this monthData to 30 September 2026

−2.3% in September (total return), behind the median international shares ETF at +0.0%.
The unit price closed the month at $44.38, near its 12-month low (range $43.69 to $51.79).

About JHGA

JHGA is an international shares ETF from JPMorgan, listed on the ASX since August 2024. With $7.2m under management it is number 232 of 254 international shares ETFs by size. The management fee is 0.40% a year, about $40 on every $10,000 invested, cheaper than the typical international shares ETF at 0.55%.

Its largest holdings are JPMORGAN GLOBAL EQUITY, JOHNSON & JOHNSON and SOUTHERN CO/THE, and the top 10 make up 109% of the fund. By sector it leans towards information technology (20%) and health care (15%).

Over the past year it returned +3.2%, against +10.4% for the median international shares ETF. With its focus on dividends & income, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

JHGA distributions and dividend dates

Its distribution yield over the past 12 months is about 8.1%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare JHGA Check overlap JPMorgan website ↗

Compare JHGA with

JHGAvsJHPI

JPMorgan Equity Premium Income (Hedged) Active ETF

Fee	0.40%	0.40%
1 year	+3.2%	+5.5%
5 yrs p.a.	–	–
Size	$7.2m	$8.7m

Same holdingsNo holdings data

Full comparison →

JHGAvsJEPI

JPMorgan Equity Premium Income Active ETF

Fee	0.40%	0.40%
1 year	+3.2%	+0.4%
5 yrs p.a.	–	–
Size	$7.2m	$154m

Same holdingsNo holdings data

Full comparison →

JHGAvsJPEQ

JPMorgan US 100Q Equity Premium Income Active ETF

Fee	0.40%	0.40%
1 year	+3.2%	+10.7%
5 yrs p.a.	–	–
Size	$7.2m	$111m

Same holdingsNo holdings data

Full comparison →

JHGAvsJEGA

JPMorgan Global Equity Premium Income Complex ETF

Fee	0.40%	0.40%
1 year	+3.2%	−2.7%
5 yrs p.a.	–	–
Size	$7.2m	$21m

Same holdingsNo holdings data

Full comparison →

JHGA price by TradingView

Stock Code	JHGA
Fund Manager	JPMorgan
Asset Class	International shares
AUM	$7.2m
MER (%)	0.40%
Net flows (Sep)	+$0.4m
Last Price	$44.38
52-Week Range	$43.69 – $51.79
Bid/Ask Spread	0.18%
Listing Date	01/08/2024
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	JPMorgan ↗

Performance (% return)

1 month−2.3%

1 year+3.2%

3 years p.a.–

5 years p.a.–

$10,000 invested…

1 year ago$10,322

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

JHGA at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Small fund. With $7.2m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
Short track record. Listed in August 2024, so it hasn't been tested through a full market cycle.
Concentrated. The top 10 holdings make up 109% of the fund, so a few companies drive the result.
Income comes with a trade-off. Selling options boosts income but caps how much it can rise in strong markets.

Worked out from JHGA's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 15 Oct 2026

JHGA is in a base. Here's why that matters.

JHGA's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 10.5% below its 12-month high.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

JHGA weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Global

Themes & Sectors

Dividends & income Currency hedged Active ETFs

Portfolio Breakdown

Top 10 holdings (109.0% of the fund)

Symbol	Company	% assets
JEPG		97.32%
JNJ		1.76%
SO		1.63%
MSFT		1.55%
NEM		1.50%
DTE		1.47%
BRK/B		1.34%
T		1.24%
MCD		1.18%

Sector breakdown

Information Technology20.5%
Health Care14.8%
Financials14.7%
Communication Services11.2%
Consumer Staples9.4%
Utilities8.0%
Industrials6.9%
Consumer Discretionary6.3%
Other8.2%

Holdings from the issuer's published portfolio. Compare JHGA's holdings with other ETFs →

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
JHPI	JPMorgan Equity Premium Income (Hedged) Active ETF Covered call	–	0.40%	$8.7m	+5.5%	+7.2%	–
JEPI	JPMorgan Equity Premium Income Active ETF Covered call	–	0.40%	$154m	+0.4%	+5.7%	–
JPEQ	JPMorgan US 100Q Equity Premium Income Active ETF Covered call	–	0.40%	$111m	+10.7%	+14.8%	–
JEGA	JPMorgan Global Equity Premium Income Complex ETF Covered call	–	0.40%	$21m	−2.7%	–	–
VGAD	Vanguard MSCI Index International Shares (Hedged) ETF Currency hedged	–	0.21%	$7.9bn	+17.1%	+19.8%	+10.8%
IHVV	iShares S&P 500 (AUD Hedged) ETF Currency hedged	–	0.10%	$4.3bn	+15.4%	+21.0%	+10.9%

Same holdings is the share of JHGA's money in companies the other ETF also holds, weighted by size. No other ETF shares much with JHGA, so these are ETFs in the same category. See every ETF like JHGA →

JHGA vs its closest alternatives

What actually differs between JHGA and the ETFs most like it. Data to 30 Sep 2026.

JHPI JPMorgan Equity Premium Income (Hedged) Active ETF

Both charge the same fee (0.40%).
Over 1 year: JHGA +3.2%, JHPI +5.5% (JHPI ahead by 2.2 percentage points).

Compare JHGA and JHPI side by side →

JEPI JPMorgan Equity Premium Income Active ETF

Both charge the same fee (0.40%).
Over 1 year: JHGA +3.2%, JEPI +0.4% (JHGA ahead by 2.8 percentage points).
JEPI is much larger ($154m vs $7.2m), which usually means tighter trading spreads.

Compare JHGA and JEPI side by side →

JPEQ JPMorgan US 100Q Equity Premium Income Active ETF

Both charge the same fee (0.40%).
Over 1 year: JHGA +3.2%, JPEQ +10.7% (JPEQ ahead by 7.5 percentage points).
JPEQ is much larger ($111m vs $7.2m), which usually means tighter trading spreads.

Compare JHGA and JPEQ side by side →

General information only. Past performance is not a reliable indicator of future performance.

JHGA FAQs

What is the fee for JHGA?

JHGA charges a management fee (MER) of 0.40% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is JHGA?

JHGA had $7.2m in funds under management as at 30 September 2026.

How has JHGA performed?

JHGA returned +3.2% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages JHGA?

JHGA is managed by JPMorgan and has been listed since August 2024.

Is JHGA franked?

Generally no. JHGA invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

Is JHGA currency hedged?

Yes. JHGA is currency hedged, so changes in the Australian dollar have little effect on its returns. You get the return of the underlying investments in their local currency, less a small cost of hedging.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the JPMorgan product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.