JPMorgan Chase & Co. filings document a bank holding company with worldwide financial services operations and multiple classes of exchange-listed securities. Periodic reports describe investment banking, consumer and small-business financial services, commercial banking, transaction processing and asset management, along with capital, assets and stockholders’ equity disclosures.
The company’s 8-K filings record material events and identify registered securities including JPM common stock, depositary shares representing fractional interests in non-cumulative preferred stock, and guarantees of notes and exchange-traded notes issued by JPMorgan Chase Financial Company LLC. Proxy materials cover board matters, executive compensation, equity awards, shareholder voting items and other governance disclosures.
JPMorgan provides a July 2026 performance update for the S&P 500 Daily Risk Control 10% Index, which dynamically shifts between S&P 500 exposure and a cash component to target 10% volatility. The index is calculated on an excess return basis and was established on May 13, 2009.
From June 2016 through June 2026, the index shows a 10-year annualized return of 7.95% with 10-year annualized volatility of 10.09%, producing a Sharpe Ratio of 0.79. Over the same 10-year period, a Domestic 30/70 Portfolio (30% S&P 500, 70% U.S. Aggregate bonds, excess return) had a 10-year annualized return of 8.40% and volatility of 12.70% (Sharpe Ratio 0.66), while a Global 30/70 Portfolio (30% MSCI ACWI, 70% global investment-grade bonds, excess return) had a 10-year annualized return of 6.17% and volatility of 10.59% (Sharpe Ratio 0.58).
The update includes detailed monthly and annual returns for 2017 through mid‑2026 and notes that all Domestic and Global 30/70 portfolio performance is hypothetical. It highlights selected risks, including that the index may not meet its 10% volatility target, may underperform the underlying S&P 500, can be significantly uninvested, and reflects a deduction for a notional financing cost. Past and backtested performance are explicitly stated as not indicative of future results.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $500,000 of unsecured Contingent Interest Notes linked to the least performing of the S&P 500 Index, Dow Jones Industrial Average and Russell 2000 Index, maturing on July 13, 2028.
The notes pay a monthly Contingent Interest Payment of $7.25 per $1,000 (an annualized 8.70%) for each Review Date on which the closing level of every index is at or above 70% of its Initial Value; otherwise no interest is paid for that period. At maturity, if each index is at or above its 70% Trigger Value, holders receive principal plus the final contingent interest; if any index is below its Trigger Value, repayment is reduced by the full percentage decline of the worst-performing index, exposing investors to losses greater than 30% and up to a total loss of principal.
The notes are not principal-protected, will not be listed, and their value and payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co., as well as equity market performance. The estimated value at pricing was $990.90 per $1,000 note, below the $1,000 public issue price due to embedded selling, structuring and hedging costs.
JPMorgan Chase & Co. provides an index supplement detailing hypothetical backtested and actual historical monthly and annual returns for the S&P 500 Daily Risk Control 5% Index. Backtested performance covers January 4, 1999 to September 9, 2009, and actual index performance runs from September 10, 2009 to June 30, 2026.
The material emphasizes that past and backtested results are not indicative of future performance and explains that some backtests use proxy constituents. It highlights key risks, including that the index may not approximate its 5% target volatility, can be significantly uninvested, and reflects deductions for a notional financing cost, whose calculation methodology was recently changed. JPMorgan notes it is one of the companies in the underlying index and stresses that investment suitability must be assessed individually.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Auto Callable Contingent Interest Notes linked individually to the Nasdaq-100 Index, the Russell 2000 Index and the S&P 500 Index, maturing on June 22, 2028, in minimum denominations of $1,000.
Holders receive a Contingent Interest Payment for each Review Date on which the closing level of each Index is at or above 70.00% of its Initial Value (the Interest Barrier). Starting with the sixth applicable Review Date, the notes are automatically called if the closing level of each Index is at or above its Initial Value, paying $1,000 plus the contingent interest for that date and ending further payments.
If the notes are not called and, on the final Review Date, any Index is below its Trigger Value (70.00% of Initial Value), repayment of principal is reduced 1% for each 1% decline of the Least Performing Index, down to a total loss of principal. The notes do not pay fixed interest, do not provide any upside participation in the Indices, and offer no dividends or listing. The estimated value is indicated as approximately $959.70 per $1,000 note if priced on the described date and will not be less than $900.00 per $1,000 note, reflecting embedded selling and hedging costs. Payments are subject to the credit risk of both the issuer and guarantor.
JPMorgan provides an index supplement describing the MerQube US Small-Cap Vol Advantage Index, used for notes registered under Rule 424(b)(3). The index combines futures exposure and volatility targeting, with historical figures split between hypothetical backtested performance from January 7, 2005 to June 17, 2022 and actual index performance from June 21, 2022 to June 30, 2026.
The index was established on June 21, 2022 and includes a 6.0% per annum daily deduction, making it an excess return index that does not reflect interest on notional cash. Disclosures highlight risks such as leverage, volatility drag, small-cap equity exposure, potential underperformance versus its target volatility, and the possibility that the index may be significantly uninvested or affected by futures term structure and margin changes.
J.P. Morgan Securities LLC coordinated with MerQube in developing the index rules and licenses the index for use in notes but is not obligated to consider investors’ interests when making index-related judgments. The material stresses that backtested results are hypothetical, subject to modeling limitations and hindsight bias, and that past and simulated performance are not indicative of future results.
JPMorgan provides a performance update for the MerQube US Small-Cap Vol Advantage Index, a rules-based index offering dynamic exposure to E-Mini Russell 2000 futures while targeting 35% volatility. The index can adjust its futures exposure between 0% and 500% and applies a 6.0% per annum daily deduction to its level.
The index was established on June 21, 2022, with hypothetical backtested data shown from June 2016 alongside actual performance through June 2026. Over the past 10 years, the index shows annualized volatility of 31.50% and an annualized return of -0.07%, compared with the Russell 2000 at 22.26% volatility and 10.13% return. The 1-year return for the index is 42.25% versus 39.05% for the Russell 2000.
The update highlights that all pre‑June 2022 results are hypothetical backtests and stresses that both historical and backtested performance are not indicative of future results. It also outlines numerous risks, including leverage, volatility drag, small-cap exposure, futures market risks, and the potential impact of index and methodology adjustments by MerQube and J.P. Morgan.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on October 18, 2030, in minimum denominations of $1,000. The notes pay a Contingent Interest Payment on each Review Date only if the Index closes at or above 70.00% of its Initial Value (the Interest Barrier), with any previously unpaid interest catching up when this condition is met. Beginning on July 15, 2027, the notes are automatically called if, on certain Review Dates, the Index is at or above its Initial Value, returning $1,000 plus the relevant interest and all unpaid contingent interest.
If the notes are not called and, on the final Review Date, the Index is at or above 60.00% of the Initial Value (the Trigger Value), investors receive $1,000 plus any due interest; if it is below 60.00%, repayment is reduced dollar-for-dollar with the Index decline, down to zero. The Index employs up to 500% futures exposure, targets 35% implied volatility, and is reduced by a 6.0% per annum daily deduction, which drags performance. If priced today, the estimated value would be $937.60 per $1,000 note and, when set, will not be less than $900. Investors face the risk of losing a significant portion or all principal, receiving no interest, exposure to leverage and futures-related effects, and the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
The MerQube US Large-Cap Vol Advantage Index is a rules-based index providing dynamic exposure to E‑Mini S&P 500® futures while targeting 35% volatility. Exposure to the futures can range from 0% to 500%, and the index level reflects a 6.0% per annum daily deduction, reducing long-term returns.
From June 2016 to June 2026, the index showed a 10-year annualized return of 15.54% with annualized volatility of 29.75%, compared with the S&P 500 Index’s 13.58% return and 18.10% volatility over the same period. One-year return was 23.82% versus 20.86% for the S&P 500. Results combine hypothetical backtested performance before February 11, 2022 and actual performance thereafter.
The disclosure highlights extensive risks, including use of significant leverage, volatility drag, potential periods of being significantly uninvested, and the “excess return” structure that excludes any interest on notional cash. It stresses that historical and backtested results are hypothetical, have inherent limitations, and are not indicative of future results, and that notes linked to the index are unsecured, not bank deposits, and not FDIC insured.
JPMorgan Chase & Co. provides an index supplement for the J.P. Morgan Total ReturnSM Index, used in registered offerings under Registration Statement Nos. 333-293684 and 333-293684-01. The material presents hypothetical backtested and actual historical monthly and annual returns from May 3, 2004 through June 30, 2026, together with corresponding historical portfolio weights.
The Index allocates among fixed-income and preferred-stock Basket Constituents, including U.S. Treasuries, investment-grade and high-yield credit, emerging markets debt, mortgage-backed securities, TIPS, floating-rate notes and preferred stock ETFs, subject to monthly rebalancing and weighting constraints. A historical volatility threshold of 5% is referenced. Before many ETFs existed or were liquid, performance was backtested using proxy bond indices with explicit annual expense haircuts.
The document stresses that both historical and backtested results and allocations are illustrative only and not indicative of future performance. It highlights risks from the momentum-based strategy, correlations among constituents, fixed-income and high-yield credit exposures, substitution of constituents after extraordinary events, the notional nature of the Index, potential conflicts as JPMS acts as Index Sponsor, and the credit risk of JPMorgan Financial and JPMorgan Chase & Co. on securities linked to the Index.
JPMorgan Chase & Co. provides an index supplement describing the MerQube US Gold Vol Advantage Index, which underlies certain structured notes. The index’s performance history combines hypothetical backtested results from December 26, 2007 to February 10, 2025 with actual index performance from February 11, 2025 to June 30, 2026, and includes monthly and annual return figures over that span. The index was established on February 11, 2025 and tracks a gold futures-based, volatility-targeting strategy.
The index level reflects a 6.0% per annum daily deduction and is designed as an excess return index, meaning it does not include interest on notional cash. Key risks include use of significant leverage, potential “volatility drag,” periods when the index may be significantly uninvested, and gold concentration risk. The supplement also highlights conflicts of interest because J.P. Morgan Securities LLC coordinated with MerQube in developing the index rules and holds an exclusive license, while having no obligation to consider note investors’ interests.