JPMorgan Global Select Equity (Hedged) Active ETF (JHLO) Review & Analysis

MER · #320 of 514AUM · #462 of 5081Y Return · Top 50%

What's new this monthData to 30 September 2026

−0.4% in September (total return), behind the median international shares ETF at +0.0%.
The unit price closed the month at $61.35, 2% below its 12-month high (range $54.87 to $62.52).

About JHLO

JHLO is an international shares ETF from JPMorgan, listed on the ASX since April 2024. With $4.9m under management it is number 238 of 254 international shares ETFs by size. The management fee is 0.55% a year, about $55 on every $10,000 invested, in line with the typical international shares ETF at 0.55%.

Over the past year it returned +8.8%, against +10.4% for the median international shares ETF.

JHLO distributions and dividend dates

JHLO pays distributions yearly, usually going ex-distribution in July, with payment about 14 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $2.2393 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 15 July 2026. To receive it you need to own JHLO before the ex-date.

Its distribution yield over the past 12 months is about 3.7%. 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 JHLO Check overlap JPMorgan website ↗

Compare JHLO with

JHLOvsVGAD

Vanguard MSCI Index International Shares (Hedged) ETF

Fee	0.55%	0.21%
1 year	+8.8%	+17.1%
5 yrs p.a.	–	+10.8%
Size	$4.9m	$7.9bn

Same holdingsNo holdings data

Full comparison →

JHLOvsIHVV

iShares S&P 500 (AUD Hedged) ETF

Fee	0.55%	0.10%
1 year	+8.8%	+15.4%
5 yrs p.a.	–	+10.9%
Size	$4.9m	$4.3bn

Same holdingsNo holdings data

Full comparison →

JHLOvsDFGH

Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETF

Fee	0.55%	0.36%
1 year	+8.8%	+18.2%
5 yrs p.a.	–	–
Size	$4.9m	$4.2bn

Same holdingsNo holdings data

Full comparison →

JHLOvsHGBL

Betashares Global Shares Currency Hedged ETF

Fee	0.55%	0.11%
1 year	+8.8%	+17.4%
5 yrs p.a.	–	–
Size	$4.9m	$3.0bn

Same holdingsNo holdings data

Full comparison →

JHLO price by TradingView

Stock Code	JHLO
Fund Manager	JPMorgan
Asset Class	International shares
AUM	$4.9m
MER (%)	0.55%
Net flows (Sep)	$0.0m
Last Price	$61.35
52-Week Range	$54.87 – $62.52
Bid/Ask Spread	0.21%
Listing Date	26/04/2024
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	JPMorgan ↗

Performance (% return)

1 month−0.4%

1 year+8.8%

3 years p.a.–

5 years p.a.–

$10,000 invested…

1 year ago$10,876

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.

JHLO at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Small fund. With $4.9m 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 April 2024, so it hasn't been tested through a full market cycle.

Worked out from JHLO'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 23 Oct 2026

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

JHLO's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 2.2% 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

JHLO 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

Currency hedged Active ETFs

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
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%
DFGH	Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETF Currency hedged	–	0.36%	$4.2bn	+18.2%	–	–
HGBL	Betashares Global Shares Currency Hedged ETF Currency hedged	–	0.11%	$3.0bn	+17.4%	+20.6%	–
QHAL	VanEck MSCI International Quality (AUD Hedged) ETF Currency hedged	–	0.43%	$2.7bn	+16.5%	+17.8%	+9.7%
HNDQ	Betashares Nasdaq 100 Currency Hedged ETF Currency hedged	–	0.51%	$961m	+22.3%	+25.3%	+13.1%

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

JHLO vs its closest alternatives

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

VGAD Vanguard MSCI Index International Shares (Hedged) ETF

VGAD is cheaper (0.21% vs 0.55%), worth about $22,988 on $100,000 over 20 years.
Over 1 year: JHLO +8.8%, VGAD +17.1% (VGAD ahead by 8.3 percentage points).
VGAD is much larger ($7.9bn vs $4.9m), which usually means tighter trading spreads.

Compare JHLO and VGAD side by side →

IHVV iShares S&P 500 (AUD Hedged) ETF

IHVV is cheaper (0.10% vs 0.55%), worth about $30,729 on $100,000 over 20 years.
Over 1 year: JHLO +8.8%, IHVV +15.4% (IHVV ahead by 6.6 percentage points).
IHVV is much larger ($4.3bn vs $4.9m), which usually means tighter trading spreads.

Compare JHLO and IHVV side by side →

DFGH Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETF

DFGH is cheaper (0.36% vs 0.55%), worth about $12,675 on $100,000 over 20 years.
Over 1 year: JHLO +8.8%, DFGH +18.2% (DFGH ahead by 9.5 percentage points).
DFGH is much larger ($4.2bn vs $4.9m), which usually means tighter trading spreads.

Compare JHLO and DFGH side by side →

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

JHLO FAQs

What is the fee for JHLO?

JHLO charges a management fee (MER) of 0.55% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is JHLO?

JHLO had $4.9m in funds under management as at 30 September 2026.

How has JHLO performed?

JHLO returned +8.8% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages JHLO?

JHLO is managed by JPMorgan and has been listed since April 2024.

Is JHLO franked?

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

Is JHLO currency hedged?

Yes. JHLO 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.