Skip to content
etf.net

Launched

JPMorgan Active Growth ETF

JGRONYSE ArcaJ.P. MorganB

$89.79−1.26 (−1.38%)

At close: Nov 2, 2026, 4:00 PM ET

B66/ 100

Rank 13 of 90 in US Active Growth

B66/100Rank 13 of 90inUS Active Growth
Intraday session: down, 79 prints from 91.05 to 89.79. Range 89.77 to 91.84. Use the arrow keys to read each point.90.5091.5010 AM12 PM2 PM4 PM
Expense ratio
0.44%
Fund size
$9.48B
1Y total return
−5.4%
Yield · Last 12 months
0.16%
Holdings
140
Avg volume · 30D
536K sh
52W range
low $81.16high $99.73
Launched

The ETF.net JGRO Grade

Based on 5 of 6 pillars

B

Score 66 out of 100

Category
US Active Growth⁠
Rank
13 of 90
Six-pillar profile for JGRO. Scores out of 100: Cost 74, Risk 46, Mission not scored, Tradability 63, Holdings 68, Durability 87. Strongest: Durability (87). Weakest: Risk (46). Based on 5 of 6 pillars.

Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A74 out of 100
    Rank 23 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 47 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B63 out of 100
    Rank 23 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B68 out of 100
    Rank 29 of 90

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A87 out of 100
    Rank 4 of 90

Our read on JGRO

ETF.net Research

In short

BJ.P. Morgan's stock pickers run a concentrated US growth book in ETF form: roughly 130 large- and mid-cap names chosen bottom-up, at a fee below the typical active growth fund.

Stated mandate

JGRO seeks long-term capital appreciation through an actively managed, fundamental, bottom-up portfolio focused primarily on U.S. large- and mid-capitalization companies with underappreciated growth potential.

Why people hold it

  • Charges 0.44% a year, under the 0.54% median for its active US growth peer group. Active management without the usual active price tag.
  • No index to hug. Managers pick roughly 130 US large- and mid-cap companies they see as having underappreciated growth potential.jpmorgan.com
  • Launched in 2022 and now a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
  • Sits in the top quartile of its active US growth cohort on our review, one of the sturdier implementations of the idea.

Worth knowing

  • A growth mandate concentrated in about 130 names moves harder in both directions than the broad market. Bumpier by design.
  • Built for capital appreciation, not cash flow. Distributions come annually or semiannually.
  • Cheaper active options share the shelf: JUSA at 0.12% and FELG at 0.18% stay closer to the index rather than making high-conviction picks.

JGRO Holdings

Holdings pillarB68 out of 100Rank 29 of 90 in US Active Growth
Asset class
Stocks
Holdings
140
Top-10 weight
50%
Largest holding
NVDA12.2%

Sectors

  • Technology49.7%
  • Communication13.4%
  • Health Care11.5%
  • Industrials8.5%
  • Financials5.9%
  • Consumer Discretionary5.4%
  • Consumer Staples3.2%
  • Energy1.9%
  • Real Estate0.3%
  • Materials0.2%

Geography

  • United States98.74%
  • Taiwan0.92%
  • Germany0.16%
  • Netherlands0.11%
  • United Kingdom0.07%
The fund’s holdings, weight-ordered — page 1 of 10.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1NVDANVIDIA Corp Common Stock12.19%5,660,199$1.16B848
2GOOGAlphabet Inc-Cl C -9.15%3,125,291$870M480
3AAPLApple Inc Common Stock6.44%1,775,031$612M723
4MSFTMicrosoft Corp Common5.19%945,772$494M819
5AVGOBroadcom Inc Common3.90%1,138,168$371M753
6LLYEli Lilly and Company3.08%206,347$293M593
7AMDAdvanced Micro Devices3.03%570,531$288M638
8METAMeta Platforms Inc Common2.81%434,942$267M708
9MUMicron Technology Inc2.32%249,056$220M686
10MAMastercard Inc Common1.98%295,712$189M531
11TSLATesla Inc Common Stock1.95%463,045$185M528
12NTRANatera Inc Common Stock1.68%384,719$159M239
13PANWPalo Alto Networks Inc1.66%430,516$158M505
14PMPhilip Morris1.54%700,263$146M423
15CRWDCrowdstrike Holdings Inc1.54%583,595$146M488

Showing 1–15 of 140 holdings

JGRO Performance

Launched Aug 8, 2022

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
JGRO$9,460
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. JGRO $9,460. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for JGRO. Periods over one year show the average yearly return.
PeriodJGRO
Year to date−1.9%
1 month−5.7%
3 months−0.7%
1 year−5.4%
3 yearsper year+20.3%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JGRO
YearReturn barJGRO
2026 YTD−1.9%
2025+14.7%
2024+32.8%
2023+37.7%
2022−10.0%

History from Aug 9, 2022

JGRO in the news

JGRO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.16%Last 12 months
Payout per share
$0.15Last 12 months
Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 6 payments from 2022 to 2026 YTD. Dec 20, 2022 $0.07; Dec 29, 2022 $0.0022; Dec 19, 2023 $0.10; Dec 28, 2023 $0.0071; Dec 24, 2024 $0.08; Dec 16, 2025 $0.15. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 16, 2025Dec 18, 2025$0.15
Dec 24, 2024Dec 27, 2024$0.08
Dec 28, 2023Jan 3, 2024$0.0071
Dec 19, 2023Dec 22, 2023$0.10
Dec 29, 2022Jan 4, 2023$0.0022
Dec 20, 2022Dec 23, 2022$0.07

$10,000 in JGRO 3 years ago paid $60.48 in dividends.

JGRO Risk

Risk pillarC46 out of 100Rank 47 of 85 in US Active Growth
How much the fund’s monthly returns vary, scaled to a year.
16.8%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.92
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−22.7%
50 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.10
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

JGRO Cost

Compare JGRO and FELG

Overpaying vs FELG, tied cheapest in US Active Growth

$5,103

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JGRO 0.44%

    $8,852

  • FELG 0.18% Tied cheapest

    $3,749

$10,000
30 years

Cost over time

  • JGRO 0.44%
  • FELG 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530JGRO $8,852FELG $3,749

Year by year

YearJGROFELGOverpaying
10$794$328$466
20$3,061$1,281$1,780
30$8,852$3,749$5,103

Other funds in US Active Growth

See others