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Launched

JPMorgan Fundamental Data Science Small Core ETF

SCDSNasdaqJ.P. MorganB

$72.20−0.74 (−1.01%)

As of Nov 10, 2026, 11:15 AM ET

B58/ 100

Rank 15 of 41 in US Active Small-Cap

B58/100Rank 15 of 41inUS Active Small-Cap
Intraday session: down, 22 prints from 72.94 to 72.20. Range 72.07 to 72.68. Use the arrow keys to read each point.72.4072.6072.8010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$9M
1Y total return
+25.5%
Yield · Last 12 months
1.10%
Holdings
278
Avg volume · 30D
1.09K sh
52W range
low $56.10high $78.04
Launched

The ETF.net SCDS Grade

Based on 5 of 6 pillars

B

Score 58 out of 100

Category
US Active Small-Cap⁠
Rank
15 of 41
Six-pillar profile for SCDS. Scores out of 100: Cost 76, Risk 69, Mission not scored, Tradability 14, Holdings 61, Durability 55. Strongest: Cost (76). Weakest: Tradability (14). Based on 5 of 6 pillars.

Score 58 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.
    A76 out of 100
    Rank 10 of 41

  • 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.
    B69 out of 100
    Rank 6 of 39

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F14 out of 100
    Rank 39 of 41

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 18 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 20 of 41

Our read on SCDS

ETF.net Research

In short

BJPMorgan pairs human fundamental analysts with a data science engine to pick small caps, then spreads the calls across roughly 300 names. Active stock picking priced closer to a screened index fund.

Stated mandate

The fund invests primarily in equity securities of small-cap companies and uses a fundamental data science-enabled investment approach.

Why people hold it

  • Costs 0.40% a year, below the typical active US small-cap fund, so the stock picking starts from a lower hurdle.
  • Roughly 300 holdings, so no single small-cap stumble sets the tone for the whole portfolio.
  • Core mandate: the data science process hunts across the whole small-cap field instead of being boxed into value or growth.jpmorgan.com
  • Lands in the upper half of the active US small-cap funds we review, with quarterly distributions.

Worth knowing

  • Launched in 2024. The process hasn't been tested through a full market cycle yet.
  • Small asset base and thin trading. Spreads can widen, so limit orders matter more here than with the household-name funds.
  • Cheaper small-cap options sit in the same peer group, including JPMorgan's own rules-based JPSE at 0.29% and Avantis' AVSC at 0.25%.

SCDS Performance

Launched Aug 7, 2024

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.Not enough history yet.
SCDS$12,553
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. SCDS $12,553. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 SCDS. Periods over one year show the average yearly return.
PeriodSCDS
Year to date+22.3%
1 month+1.1%
3 months−5.4%
1 year+25.5%
3 yearsFund is under 3 years oldper yearNo data
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 SCDS
YearReturn barSCDS
2026 YTD+22.3%
2025+11.3%
2024+9.7%

Since listing, Aug 7, 2024

SCDS in the news

SCDS 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 Nov 9, 2026.
1.10%Last 12 months
Payout per share
$0.80Last 12 months
Last payment
$0.30 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 9 payments from 2024 to 2026 YTD. Sep 24, 2024 $0.04; Dec 24, 2024 $0.19; Mar 25, 2025 $0.06; Jun 24, 2025 $0.15; Sep 23, 2025 $0.19; Dec 16, 2025 $0.29; Mar 24, 2026 $0.05; Jun 23, 2026 $0.16; Sep 22, 2026 $0.30. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 24, 2026$0.30
Jun 23, 2026Jun 25, 2026$0.16
Mar 24, 2026Mar 26, 2026$0.05
Dec 16, 2025Dec 18, 2025$0.29
Sep 23, 2025Sep 25, 2025$0.19
Jun 24, 2025Jun 26, 2025$0.15
Mar 25, 2025Mar 27, 2025$0.06
Dec 24, 2024Dec 27, 2024$0.19
Sep 24, 2024Sep 26, 2024$0.04

$10,000 in SCDS 1 year ago paid $135 in dividends.

SCDS Risk

Risk pillarB69 out of 100Rank 6 of 39 in US Active Small-Cap
How much the fund’s monthly returns vary, scaled to a year.
17.6%
Annualised · 26 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.
0.63
vs 3-month T-bills · 26 months 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.
−26.7%
27 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.
1.21
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.

SCDS Cost

Compare SCDS and AVSC

Overpaying vs AVSC, cheapest in US Active Small-Cap

$2,931

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

  • SCDS 0.40%

    $8,090

  • AVSC 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • SCDS 0.40%
  • AVSC 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SCDS $8,090AVSC $5,159

Year by year

YearSCDSAVSCOverpaying
10$723$455$268
20$2,793$1,769$1,024
30$8,090$5,159$2,931

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