JPMorgan Nasdaq Equity Prem Inc (Hedged) Complex ETF (JPHQ) Review & Analysis

MER · Top 50%AUM · #416 of 5081Y Return · Top 25%3Y Return · Top 50%

What's new this monthData to 30 September 2026

+3.2% in September (total return), ahead of the median international shares ETF at +0.0%.
Investors added a net $0.9m (5.3% of the fund).
The unit price closed the month at $56.76, 12% below its 12-month high (range $52.81 to $64.67).

About JPHQ

JPHQ is an international shares ETF from JPMorgan, listed on the ASX since May 2023. With $17m under management it is number 209 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%.

Over the past year it returned +15.6%, against +10.4% for the median international shares ETF.

Compare JPHQ Check overlap JPMorgan website ↗

Compare JPHQ with

JPHQvsHNDQ

Betashares Nasdaq 100 Currency Hedged ETF

Fee	0.40%	0.51%
1 year	+15.6%	+22.3%
5 yrs p.a.	–	+13.1%
Size	$17m	$961m

Same holdingsNo holdings data

Full comparison →

JPHQvsNDQ

Betashares Nasdaq 100 ETF

Fee	0.40%	0.48%
1 year	+15.6%	+16.6%
5 yrs p.a.	–	+15.3%
Size	$17m	$9.5bn

Same holdingsNo holdings data

Full comparison →

JPHQvsVGAD

Vanguard MSCI Index International Shares (Hedged) ETF

Fee	0.40%	0.21%
1 year	+15.6%	+17.1%
5 yrs p.a.	–	+10.8%
Size	$17m	$7.9bn

Same holdingsNo holdings data

Full comparison →

JPHQvsIHVV

iShares S&P 500 (AUD Hedged) ETF

Fee	0.40%	0.10%
1 year	+15.6%	+15.4%
5 yrs p.a.	–	+10.9%
Size	$17m	$4.3bn

Same holdingsNo holdings data

Full comparison →

JPHQ price by TradingView

Stock Code	JPHQ
Fund Manager	JPMorgan
Asset Class	International shares
AUM	$17m
MER (%)	0.40%
Net flows (Sep)	+$0.9m
Last Price	$56.76
52-Week Range	$52.81 – $64.67
Bid/Ask Spread	0.20%
Listing Date	25/05/2023
Exchange	ASX
Benchmark index	Nasdaq-100 Index (hedged)
Issuer website	JPMorgan ↗

Performance (% return)

1 month+3.2%

1 year+15.6%

3 years p.a.+15.9%

5 years p.a.–

$10,000 invested…

1 year ago$11,5583 years ago$15,549

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.

JPHQ at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Small fund. With $17m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
In a downtrend. Its price has been trending down since 26 October (as at 7 November).

Worked out from JPHQ'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

Downtrend since 26 Oct 2026

JPHQ is in a downtrend. Here's why that matters.

JPHQ's price is below its 20-day average and its averages are stacked downward.

Why it matters: Downtrends can run for months, and that is where most big losses happen. For satellite holdings, waiting in cash until the trend turns has often been the better choice.

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

JPHQ 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

Themes & Sectors

Currency hedged Active ETFs

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
HNDQ	Betashares Nasdaq 100 Currency Hedged ETF Currency hedged	–	0.51%	$961m	+22.3%	+25.3%	+13.1%
NDQ	Betashares Nasdaq 100 ETF	–	0.48%	$9.5bn	+16.6%	+23.8%	+15.3%
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%	–

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

JPHQ vs its closest alternatives

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

HNDQ Betashares Nasdaq 100 Currency Hedged ETF

JPHQ is cheaper (0.40% vs 0.51%), worth about $7,338 on $100,000 over 20 years.
Over 3 years, a year: JPHQ +15.9%, HNDQ +25.3% (HNDQ ahead by 9.5 percentage points).
HNDQ is much larger ($961m vs $17m), which usually means tighter trading spreads.

Compare JPHQ and HNDQ side by side →

NDQ Betashares Nasdaq 100 ETF

JPHQ is cheaper (0.40% vs 0.48%), worth about $5,351 on $100,000 over 20 years.
Over 3 years, a year: JPHQ +15.9%, NDQ +23.8% (NDQ ahead by 7.9 percentage points).
NDQ is much larger ($9.5bn vs $17m), which usually means tighter trading spreads.
Different structure: JPHQ is currency hedged, NDQ is a standard fund.

Compare JPHQ and NDQ side by side →

VGAD Vanguard MSCI Index International Shares (Hedged) ETF

VGAD is cheaper (0.21% vs 0.40%), worth about $13,018 on $100,000 over 20 years.
Over 3 years, a year: JPHQ +15.9%, VGAD +19.8% (VGAD ahead by 4.0 percentage points).
VGAD is much larger ($7.9bn vs $17m), which usually means tighter trading spreads.

Compare JPHQ and VGAD side by side →

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

JPHQ FAQs

What is the fee for JPHQ?

JPHQ 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 JPHQ?

JPHQ had $17m in funds under management as at 30 September 2026.

How has JPHQ performed?

JPHQ returned +15.6% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +15.9% a year. Past performance is not a reliable indicator of future performance.

Who manages JPHQ?

JPHQ is managed by JPMorgan and has been listed since May 2023.

Is JPHQ franked?

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

Is JPHQ currency hedged?

Yes. JPHQ 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.