JPST vs VGUS: Differences, Returns & Fees

JPST's duration was 0.8 years on May 31, 2026 and VGUS's 0.3 on Jun 30, 2026; VGUS charges 0.07% to JPST's 0.18%. Net assets: $42.8bn on Oct 20, 2026 for JPMorgan Ultra-Short Income ETF, and $1.2bn on Sep 30, 2026 for Vanguard Ultra-Short Treasury ETF.

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VGUS costs 0.11 points a year less; their one-year returns differ by 0.2 points.

JPST vs VGUS: Differences, Returns & Fees
JPSTVGUS
Expense ratio0.18%0.07%
Net assets, JPST as of Oct 20, 2026 and VGUS as of Sep 30, 2026$42.8bn$1.2bn
Total return, 1 year+3.4%+3.6%
What it tracksNo index, actively managedBloomberg Short Treasury Index
Holdings in commonreport dates differ

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+3.4%
JPST total return, 1 year
+3.6%
VGUS total return, 1 year
0.18%
JPST expense ratio
0.07%
VGUS expense ratio

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Client brief · page 1 of 2Report BR-A613BD28C0

JPST and VGUS are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. JPST follows No index, actively managed and VGUS follows Bloomberg Short Treasury Index.
  2. Number of holdings. JPST holds 824 positions and VGUS holds 90.
  3. Cost. JPST charges 0.18% of assets a year and VGUS 0.07%, a gap of 0.11 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

JPST
JPMorgan Ultra-Short Income ETF
VGUS
Vanguard Ultra-Short Treasury ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index
Total return, 1 year +3.4% +3.6%
Its benchmark over the same days −1.9% (AGG) not measured
Gap to its benchmark +5.4 pts vs AGG not measured
Expense ratio 0.18% 0.07%
Holdings 824 90
Net assets, JPST as of Oct 20, 2026 and VGUS as of Sep 30, 2026 $42.8bn $1.2bn

JPST and VGUS on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About JPST

JPST is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.4% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.18% a year.

About VGUS

VGUS tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

Questions people ask

Which returned more over the last year, JPST or VGUS?
In the year to Oct 20, 2026, with distributions reinvested, JPST returned +3.4% and VGUS +3.6%.
Which is cheaper, JPST or VGUS?
VGUS is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, JPST against VGUS, data as of Oct 20, 2026. https://etfiq.com/compare/any/jpst-vs-vgus

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.