Welcome to our dedicated page for JPMORGAN CHASE & CO SEC filings (Ticker: JPM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
J.P. Morgan Multi-Asset Index is a rules-based strategy that allocates dynamically among up to 10 futures-based indices across equities, fixed income, commodities and global markets. It rebalances at least monthly into the portfolio with the highest recent performance, generally subject to a historical volatility threshold and constituent and sector concentration limits, and is subject to a 1.00% per annum daily deduction.
The index is an excess-return index, established on November 18, 2022, with levels published under ticker MAX. Performance statistics for July 2016–July 2026 combine hypothetical backtested results before November 18, 2022 with actual performance thereafter. Over the last 10 years, the index shows a 10 Year Return (Annualized) of 2.04%, 10 Year Volatility (Annualized) of 4.54% and a Sharpe Ratio of 0.45, compared with lower risk-adjusted performance for the domestic and global 30/70 reference portfolios. The materials emphasize that past and especially backtested performance are not indicative of future results and highlight numerous risks, including strategy, concentration, futures, fixed income, non-U.S. markets, correlation and margin risks.
J.P. Morgan provides a performance update for the MerQube US Gold Vol Advantage Index, a rules-based index offering dynamic exposure to gold futures while targeting 35% volatility. The index can adjust its gold futures exposure between 0% and 500%, rebalancing monthly based on 1‑month implied volatility, and applies a 6.0% per annum daily deduction. It was established on February 11, 2025, and levels are published under ticker MQUSGVA.
From July 2016 to July 2026, hypothetical and actual data show the index with 10‑year annualized volatility of 40.27% and 10‑year annualized return of 15.52%, compared with 16.71% volatility and 7.89% return for the S&P GSCI Gold Official Close Index ER. Annual returns include 150.63% in 2025 and 63.85% in 2024, alongside years of material drawdowns. Recent exposure ranged between 128.04% and 157.05% during May–July 2026.
The update emphasizes that much of the history is hypothetical backtested performance, which has inherent limitations and is not indicative of future results. Detailed risk disclosures highlight leverage, volatility targeting, volatility drag, futures roll and margin effects, concentration in gold, the excess‑return nature of the index, and potential conflicts as J.P. Morgan affiliates helped design the index and license it from MerQube.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes due September 6, 2028, linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay a contingent coupon of at least 9.00% per annum (at least 0.75% per month) only if, on each monthly Interest Review Date, the closing level of each index is at or above its Interest Barrier of 70.00% of its Initial Value. If any index is below its barrier on a review date, no interest is paid for that period.
The notes are automatically called quarterly if, on an Autocall Review Date (earliest March 1, 2027), the closing level of each index is at or above its Initial Value, in which case investors receive $1,000 per note plus the applicable coupon and no further payments. If the notes are not called and, at maturity, the Final Value of each index is at or above its Trigger Value of 60.00% of Initial Value, investors receive $1,000 per note plus any final coupon.
If the notes are not called and the Final Value of any index is below its Trigger Value, the principal repayment is reduced by the full negative return of the least performing index, so investors lose more than 40% of principal and could lose the entire investment. The notes are unsecured, unsubordinated obligations, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is $973.90 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000 at pricing.
JPMorgan provides an updated performance snapshot for the MerQube US Tech+ Vol Advantage Index, a rules-based strategy targeting a specified implied volatility level by dynamically adjusting exposure to an underlying asset between 0% and 500%. Since February 9, 2024, the underlying asset has been an unfunded total-return position in the Invesco QQQ Trust, Series 1, reduced by a notional financing cost; before that, it referenced E‑Mini Nasdaq‑100 futures. The Index was established on June 22, 2021 and its levels appear on Bloomberg under MQUSTVA.
The Index level reflects a 6.0% per annum daily deduction in addition to financing costs on the underlying, and may at times be significantly leveraged or uninvested. The update shows hypothetical backtested and actual historical returns and volatilities versus the Nasdaq‑100 Index over 10, 5, 3 and 1‑year horizons, as well as recent daily exposure ranges between roughly 107% and 178%. JPMorgan and MerQube emphasize that historical and backtested figures are hypothetical, have not been independently verified, and are not indicative of future results, and they highlight multiple risks including leverage, volatility drag, QQQ tracking and management risk, and limited operating history.
JPMorgan Chase & Co. provides an index supplement for notes linked to the MerQube US Tech+ Vol Advantage Index, showing hypothetical backtested monthly and annual returns from January 7, 2005 through June 21, 2021 and actual index performance from June 22, 2021 through July 31, 2026.
The index, established on June 22, 2021, targets a volatility-managed tech exposure but applies a 6.0% per annum daily deduction and a notional financing cost. Historical returns vary widely, including an annual gain of 84.72% in 2016 and a decline of 47.49% in 2021, illustrating substantial performance dispersion.
Key risks include potential failure to meet its target volatility, use of significant leverage, possible “volatility drag,” and periods when the index may be significantly uninvested. On February 9, 2024, the Invesco QQQ Trust, Series 1 replaced E‑Mini Nasdaq‑100 futures as the underlying asset, and the index has no operating history with this asset before that date. The material stresses that backtested and historical results are hypothetical, unverified by an independent third party, and not indicative of future results, and that investments in the linked notes may not suit all investors.
JPMorgan describes an index supplement for notes linked to the MerQube US Large‑Cap Vol Advantage Index, providing hypothetical backtested returns from January 7, 2005 through February 10, 2022 and actual index performance from February 11, 2022 through July 31, 2026. The material emphasizes that both historical and backtested performance are illustrative and not indicative of future results.
The index includes a 6.0% per annum daily deduction, uses futures contracts, target volatility and significant leverage, and is an excess return index that does not reflect interest on notional cash. It has a limited operating history since its establishment on February 11, 2022 and is exposed to risks such as volatility drag, periods of being significantly uninvested, concentration in certain contracts and potential market disruptions. J.P. Morgan Securities LLC coordinated with MerQube in developing the index methodology and licenses it, while stating that it has no obligation to consider investors’ interests. The notes linked to the index are not bank deposits, are not insured by the FDIC or any governmental agency, and are not obligations of, or guaranteed by, a bank.
JPMorgan provides an August 2026 performance update for the MerQube US Small-Cap Vol Advantage Index, a rules-based index giving dynamic exposure to E-Mini Russell 2000 futures. The index targets 35% volatility with exposure ranging between 0% and 500% of futures notional and applies a 6.0% per annum daily deduction.
The index was established on June 21, 2022, with backtested data shown from 2016 and actual levels from June 2022 through July 2026. The update includes monthly and annual hypothetical and actual returns and examples of recent daily leverage exposures, which were generally well above 100% during May–July 2026.
The document stresses that historical and hypothetical backtested performance are not indicative of future results, highlights limitations of modeling, and lists numerous risks, including leverage risk, volatility drag, futures term structure effects, small-cap equity exposure, and that the index is an excess return rather than a total-return measure. It also notes that JPMS helped design the index and licenses it from MerQube.
JPMorgan provides a performance update for the MerQube US Large-Cap Vol Advantage Index, a rules-based strategy that takes a dynamic, unfunded rolling position in E-Mini S&P 500 futures, targeting 35% volatility with exposure between 0% and 500% of notional. The index deducts a 6.0% per annum daily fee and was established on February 11, 2022.
From July 2016 to July 2026, the index shows backtested and actual annualized metrics, including a 10-year volatility of 29.79% and a 10-year annualized return of 14.08%, versus the S&P 500 Index at 18.11% volatility and 13.17% return. Recent historical exposures in May–July 2026 ranged roughly from 175% to 311% of futures notional, reflecting significant leverage. The materials emphasize that much of the history is hypothetical backtested performance, which has inherent limitations and is not indicative of future results, and they highlight numerous risks, including leverage, volatility drag, potential underperformance of the volatility target, and the excess-return nature of the index.
JPMorgan is updating index information for notes linked to the MerQube US Small-Cap Vol Advantage Index. The materials present monthly and annual percentage returns, combining hypothetical backtested performance from January 7, 2005 through June 17, 2022 with actual index performance from June 21, 2022 through July 31, 2026. The index itself was established on June 21, 2022.
The index embeds a 6.0% per annum daily deduction and is an excess return index using futures and volatility targeting, with potential leverage and periods of being significantly uninvested. The disclosure emphasizes that historical and backtested results are illustrative, have inherent limitations, and are not indicative of future returns, and highlights multiple risks tied to futures, small-cap exposure, volatility dynamics and possible index adjustments by MerQube and J.P. Morgan.
JPMorgan Chase Financial Company LLC is offering Contingent Interest Notes due August 17, 2029, linked to the least performing of the Russell 2000, Nasdaq-100 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Holders receive a Contingent Interest Payment of at least $51.25 per $1,000 on each semiannual Review Date only if the closing level of each index is at or above its Interest Barrier of 75% of its Initial Value, corresponding to a Contingent Interest Rate of at least 10.25% per annum. If any index is below its Interest Barrier on a Review Date, no interest is paid for that period.
At maturity, if the Final Value of each index is at or above its Trigger Value of 70% of Initial Value, investors receive $1,000 per note plus any final contingent interest. If the Final Value of any index is below its Trigger Value, principal is reduced 1% for each 1% decline of the Least Performing Index from its Initial Value, leading to losses greater than 30% and possibly a total loss of principal.
The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., pay no fixed interest or dividends, are not listed on any exchange, and may have limited or no liquidity. The estimated value on the trade date would be about $986.40 per $1,000 note and will not be less than $900, reflecting structuring and hedging costs and an internal funding rate.