JPMorgan U.S. Research Enhanced Large Cap ETF
$68.97−0.49 (−0.71%)
History starts Mar 14, 2025.
- Expense ratio
- 0.12%
- Fund size
- $726M
- 1Y return
- +15.7%
- Yield · Last 12 months
- 0.73%
- Holdings
- 258
- Volume · 30D
- 0.1M sh
- NAV per share
- $69.44
- 52W range
The ETF.net JUSA Grade
Score 86 of 100 sits in the A 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 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 93Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 58Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 83Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 75Category rank
Our read on JUSA
AActive stock picking at index-fund pricing. JPMorgan's analysts tilt a roughly 200-stock large-cap portfolio away from the benchmark, and the whole thing costs 0.12% a year.
The fund seeks capital appreciation through active, fundamental, bottom-up selection of large-cap U.S. equities. It targets companies with strong long-term earnings potential and attractive valuations relative to peers.
Why people hold it
- Charges 0.12% a year, a fraction of the typical fee in its active large-cap peer group. Fees are the one input you know in advance.
- The cheapest name among the top-rated funds in its cohort, undercutting FELG at 0.18% and GUSE at 0.30%.
- Roughly 200 holdings means many small tilts rather than a few big swings, keeping the portfolio's shape close to the US large-cap market.am.jpmorgan.com
- Bottom-up mandate: analysts pick large-cap US companies on long-term earnings power and valuation versus peers. Pays distributions quarterly.
Worth knowing
- Launched in 2025, so the live record is short. There is no long stretch of results to judge the process by yet.
- Trading is moderate rather than heavy, and assets are mid-sized for the category, which can mean wider spreads than the largest large-cap funds.
- Active by design: the analyst tilts can land on either side of the benchmark in any given stretch.
JUSA Holdings
- Stocks
- 258
- 40%
- NVDA
Sectors
- Technology39.0%
- Financials12.0%
- Communication10.4%
- Consumer Discr.9.8%
- Health Care9.2%
- Industrials6.7%
- Cons. Staples3.8%
- Energy3.6%
- Utilities2.1%
- Real Estate1.8%
- Materials1.7%
Geography
- United States96.04%
- Ireland2.33%
- Singapore0.55%
- Netherlands0.33%
- Switzerland0.31%
- United Kingdom0.27%
- Bermuda0.17%
JUSA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
JUSA$11,569
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.
| Period | JUSA |
|---|---|
| Year to date | +12.9% |
| 1 month | +0.7% |
| 3 months | +3.5% |
| 1 year | +15.7% |
| 3 years | — |
| 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 | JUSA |
|---|---|---|
| 2026 YTD | +12.9% | |
| 2025 | +21.7% |
JUSA in the news
JUSA Dividends
- 0.73%
- $0.51
- $0.06 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2026 | Jun 25, 2026 | $0.06 |
| Mar 24, 2026 | Mar 26, 2026 | $0.11 |
| Dec 16, 2025 | Dec 18, 2025 | $0.18 |
| Sep 23, 2025 | Sep 25, 2025 | $0.15 |
| Jun 24, 2025 | Jun 26, 2025 | $0.11 |
JUSA Risk
- 11.8%
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.
- 1.68
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.
- −14.0%
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.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JUSA Cost
0.12%
JUSA0.12%
- The middle half of US Active Growth funds
- Median 0.56%
No US Active Growth fund charges less.