ETF Filings
Vanguard files for a U.S. small-mid cap active ETF after last year’s three reached $161 million
JPMorgan Small & Mid Cap Enhanced Equity ETF
$74.59+0.08 (+0.11%)
- 0.35%
- $2.9B
- +22.9%
- 0.97%
- 0.1M sh
- $74.50
- low $60.74high $79.93
The ETF.net JMEE Grade
A
Score 73 out of 100
- 4 of 48
Score 73 of 100 falls in the A 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.A84 out of 100Rank 7 of 48Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 24 of 44Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 19 of 48Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A88 out of 100Rank 3 of 48Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A96 out of 100Rank 2 of 48
Our read on JMEE
AActive stock-picking that stays in the index's lane. JMEE ranks a broad basket of small and mid caps, keeps sector weights close to the S&P 1000, and charges a fraction of what the typical active US equity fund does.
The fund seeks returns above the S&P 1000 Index by using proprietary stock rankings and fundamental analysis, while maintaining broadly similar sector weights.
Why people hold it
- Costs 0.24% a year, versus a 0.65% median for active US equity funds in its peer group. Cheap enough to sit next to index products.
- The other ETF built on the same S&P 1000 benchmark, SMDX, runs 0.35%. Same reference index, lower fee here.
- About 700 holdings with sector weights kept near the index, so stock rankings do the work instead of big sector bets.am.jpmorgan.com
- The strategy's inception dates to 1998, and the fund now carries a billion-plus asset base. That combination puts it among the sturdier options in its cohort.
Worth knowing
- Enhanced, not adventurous. Sector weights hug the S&P 1000, so the fund is built to differ from its benchmark in small increments.am.jpmorgan.com
- The hunting ground is small and mid caps, a bumpier corner of the market than large-cap core.
- Distributions land once or twice a year, so this is a total-return vehicle more than an income stream.
JMEE Holdings
- Stocks
- 662
- 9%
- JPMorgan Prime Money
Sectors
- Technology18.6%
- Industrials18.5%
- Financials15.2%
- Consumer Discretionary10.7%
- Health Care9.6%
- Real Estate7.3%
- Materials6.6%
- Energy5.5%
- Consumer Staples3.8%
- Communication2.0%
- Utilities2.0%
Geography
- United States96.75%
- United Kingdom0.98%
- Bermuda0.64%
- Puerto Rico0.47%
- Ireland0.43%
- Cayman Islands0.38%
- Sweden0.14%
- Switzerland0.13%
- 0.10%
JMEE Performance
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.
JMEE$12,291
Returns run to the Oct 12, 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.
| Period | JMEE |
|---|---|
| Year to date | +15.7% |
| 1 month | −1.4% |
| 3 months | −2.5% |
| 1 year | +22.9% |
| 3 years | +17.3% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JMEE |
|---|---|---|
| 2026 YTD | +15.7% | |
| 2025 | +7.7% | |
| 2024 | +13.6% | |
| 2023 | +18.1% | |
| 2022 | −3.4% |
JMEE in the news
JMEE Dividends
- 0.97%
- $0.72
- $0.72 per share
- Annual
Distribution history
JMEE Risk
- 16.2%
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.
- 0.73
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.
- −25.4%
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.
- 1.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JMEE Cost
0.35%
JMEE0.35%
- The middle half of US Active Small/Mid-Cap funds
- Median 0.59%
6 of the 47 US Active Small/Mid-Cap funds charge less.
Other funds in US Active Small/Mid-Cap
- AFEMVFidelity Enhanced Mid Cap Value ETFExpense ratio 0.23%1 year return —
- ADFMCU.S. Micro Cap Portfolio ETFExpense ratio 0.43%1 year return —
- AFEMGFidelity Enhanced Mid Cap Growth ETFExpense ratio 0.23%1 year return —
- AREMCColumbia Research Enhanced Mid Cap ETFExpense ratio 0.32%1 year return —
- BSMDXIntech S&P Small-Mid Cap Diversified Alpha ETFExpense ratio 0.35%1 year return +19.8%