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JGRO

GradeBNew York Stock Exchange Arca

JPMorgan Active Growth ETF

Active Equity · J.P. Morgan · Inception 2022-08-08

$96.64−0.80 (−0.82%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Aug 9, 2022.
Intraday session: down, 59 prints from 97.44 to 96.64. Range 96.37 to 97.38. Use the arrow keys to read each point.$96.50$97.00$97.5010 AM12 PM2 PM4 PM
Expense ratio
0.44%
Fund size
$10.2B
1Y return
+3.2%
Yield · Last 12 months
0.15%
Holdings
134
Volume · 30D
0.6M sh
NAV per share
$97.43
52W range
low $81.16high $99.73

The ETF.net JGRO Grade

B

67/ 100

Rank 12 of 90 in US Active Growth

Confidence Medium

Six-pillar profile for JGRO. Scores out of 100: Cost 75, Risk 50, Mission not scored, Tradability 61, Holdings 67, Durability 87. Strongest: Durability (87). Weakest: Risk (50). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 75
    Category rank23/90 · top 26%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 50
    Category rank37/79 · top 47%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 61
    Category rank31/90 · top 34%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 67
    Category rank30/89 · top 34%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 87
    Category rank6/90 · top 7%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on JGRO

ETF.net Research

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

  1. 01Charges 0.44% a year, under the 0.54% median for its active US growth peer group. Active management without the usual active price tag.
  2. 02No index to hug. Managers pick roughly 130 US large- and mid-cap companies they see as having underappreciated growth potential.am.jpmorgan.com
  3. 03Launched in 2022 and now a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
  4. 04Sits in the top quartile of its active US growth cohort on our review, one of the sturdier implementations of the idea.

Worth knowing

  1. 01A growth mandate concentrated in about 130 names moves harder in both directions than the broad market. Bumpier by design.
  2. 02Built for capital appreciation, not cash flow. Distributions come annually or semiannually.
  3. 03Cheaper 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

As of Sep 21, 2026, 6:53 PM
Asset class
Stocks
Holdings
134
Top-10 weight
50%
Largest holding
NVDA13.0%

Sectors

  • Technology49.5%
  • Communication13.8%
  • Health Care10.2%
  • Industrials9.5%
  • Consumer Discr.6.1%
  • Financials5.4%
  • Cons. Staples3.2%
  • Energy1.8%
  • Real Estate0.3%
  • Materials0.1%

Geography

  • United States97.96%
  • Taiwan0.87%
  • Ireland0.65%
  • Germany0.19%
  • Netherlands0.18%
  • Cayman Islands0.13%
  • United Kingdom0.01%
The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP COMMON STOCK12.99%5,837,835$1.3B828
002GOOGALPHABET INC-CL C -10.79%3,129,330$1.1B471
003AAPLAPPLE INC COMMON STOCK5.99%1,779,017$598M707
004AVGOBROADCOM INC COMMON4.36%1,218,321$435M732
005MSFTMICROSOFT CORP COMMON3.65%737,880$364M792
006AMDADVANCED MICRO DEVICES3.02%537,867$301M618
007MUMICRON TECHNOLOGY INC2.69%264,279$268M655
008METAMETA PLATFORMS INC2.50%374,972$249M683
009LLYELI LILLY AND COMPANY2.39%206,808$238M569
010JPMORGAN PRIME MONEY1.71%171,239,681$171M38
011MAMASTERCARD INC COMMON1.69%298,273$169M512
012PANWPALO ALTO NETWORKS INC1.64%451,337$164M486
013TSLATESLA INC COMMON STOCK1.57%429,114$156M509
014NTRANATERA INC COMMON STOCK1.56%421,370$156M223
015CRWDCROWDSTRIKE HOLDINGS INC1.44%606,046$144M454

Showing 1–15 of 134 holdings

JGRO Performance

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

JGRO$10,315
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. JGRO $10,315. SPY $11,723. Use the arrow keys to read each point.$8,381$10,196$12,012Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+5.0%
1 month+3.4%
3 months+0.5%
1 year+3.2%
3 years+22.1%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, 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+5.0%
2025+14.7%
2024+32.8%
2023+37.7%
2022−10.0%

History from Aug 9, 2022

JGRO in the news

ETF.net Research hasn’t filed on JGRO yet — coverage lands here as it’s written.

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 Sep 22, 2026.
0.15%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

JGRO Risk

How much the fund’s monthly returns vary, scaled to a year.
17.0%
Annualised · 36 months to Aug 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.
0.81
vs 3-month T-bills · to Aug 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%
49 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.

JGRO Cost

Expense ratio0.44%
  • The middle half of US Active Growth funds
  • Median 0.56%

22 of the 89 US Active Growth funds charge less.

JGRO costs $44.00 a year on $10,000. The median US Active Growth fund costs $56.00.