AEMG vs JUSA: Grades, Fees and Holdings Compared

Harbor AlphaEdge Mid Cap Growth ETF

AEMG—NYSE Arca

JPMorgan U.S. Research Enhanced Large Cap ETF

JUSAANYSE Arca

Overlap

3.0%by weight

Expense ratio

JUSA −0.20pt a year

AEMG0.38%JUSA0.18%

Avg volume · 30D

JUSA 50.1×the volume

AEMG2.23KJUSA112K

AEMG vs JUSA Performance

Oct 6, 2026 – Nov 6, 2026

−13.6%AEMG−5.6%JUSA

Expense ratio: AEMG 0.38%; JUSA 0.18%, better
Fund size: AEMG $2M; JUSA $871M
1Y total return: AEMG No data; JUSA +9.8%
Yield (12M): AEMG No data; JUSA 0.74%
Holdings: AEMG 123; JUSA 264
Avg volume (30D): AEMG 2.23K sh; JUSA 112K sh, better
NAV per share: AEMG $17.49; JUSA $65.95
52W range

ETF.net Grade

—AEMGNot yet graded

Pillar letters and Scores for AEMG, JUSA, with each pillar’s weight
Pillar	AEMG	JUSA
Cost30% weight	Not scored	A99
Mission25% weight	Not scored	A84
Risk15% weight	Not scored	A92
Tradability15% weight	Not scored	B60
Holdings10% weight	Not scored	A83
Durability5% weight	Not scored	A77

Rank among US Active Growth funds

How we build Categories ›

US Active Growth⁠

Category · 90 funds

See all 90 ›

JUSA ranks 1st of 90 funds in the US Active Growth Category.

Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
AEMGNot yet graded

Our read on each fund

ETF.net Research

AEMG—Harbor AlphaEdge Mid Cap Growth ETF

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

In short

AEMG No data

JUSA Active stock picking in index clothing: J.P. Morgan analysts tilt roughly 300 large caps while sector weights and risk stay close to the S&P 500, for 0.18% a year with no waiver attached.

Stated mandate

AEMG No data

JUSA 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

AEMG No data

JUSA 0.18% a year with no waiver propping it up, below its category median. GUSE charges 0.30% and LRGC 0.39% for similar enhanced-index work; FELG ties it at 0.18%.
Active where it counts, plain where it doesn't: bottom-up stock picks across roughly 300 large caps, with sector mix and risk profile kept close to the S&P 500.jpmorgan.com
Stands among the strongest implementations in a 90-fund peer group of active large-cap funds, helped by a low fee and tightly managed risk.

Worth knowing

AEMG No data

JUSA Launched in March 2025, so there is only a short live record on this ticker to judge.
Moderately traded rather than a volume monster, so spreads can run wider than the giant index funds', especially in fast markets.
Tracking the S&P 500's sector weights limits how far results can stray from the benchmark in either direction. This is a nudge on the index, not a different bet.jpmorgan.com

Full AEMG profile⁠

Full JUSA profile⁠

AEMG vs JUSA Holdings

How AEMG and JUSA differ

Overlap by weight

3.0%

Shared holdings make up 37.6% of AEMG and 3.0% of JUSA.

Level by level

Holdings32 in both3.0%
Sector11 Sectors85.4%
Countryby domicile96.9%
Asset classStocks100%

Sector

Sector weights in AEMG and JUSA, widest gap first
Sector	Gap	AEMG	JUSA
Industrials	AEMG +6.0 points	13.5%	7.5%
Health Care	AEMG +4.9 points	14.8%	9.9%
Communication	JUSA +4.7 points	3.6%	8.3%
Financials	JUSA +4.0 points	7.8%	11.8%
Consumer Staples	JUSA +2.9 points	1.2%	4.1%
Consumer Discretionary	AEMG +2.5 points	12.3%	9.8%
Utilities	JUSA +1.3 points	0.9%	2.2%
Technology	JUSA +1.1 points	38.2%	39.3%
Energy	AEMG +0.6 points	4.5%	3.9%
Real Estate	JUSA +0.5 points	1.2%	1.7%
Materials	AEMG +0.5 points	2.0%	1.5%

Country, concentration and asset class

Country by domicile

Country weights in AEMG and JUSA, widest gap first
Country	Gap	AEMG	JUSA
United States	JUSA +3.1 points	96.8%	99.9%
China	AEMG +1.0 points	1.0%	0.0%
Switzerland	AEMG +0.9 points	1.0%	0.1%
United Kingdom	AEMG +0.8 points	0.8%	0.0%
Mexico	AEMG +0.5 points	0.5%	0.0%

Concentration

Weight in the 10 largest Holdings

AEMG26.1%
JUSA38.0%

Securities held

AEMG123
JUSA262

Asset class

AEMG: Stocks
JUSA: Stocks

Holdings

Only in AEMG91
In both32
Only in JUSA230

Only in AEMG

91 securities, 62.4% of AEMG by weight

Manhattan Associates Inc2.73%
Netapp Inc1.75%
Atlassian Corp-Cl A1.75%
United Therapeutics Corp1.71%
Exelixis Inc1.70%
Natera Inc1.66%
Teradyne Inc1.64%
Anglogold Ashanti PLC1.61%
Halozyme Therapeutics Inc1.46%
Ati Inc1.41%
Maplebear Inc1.33%
Gartner Inc1.29%
Astera Labs Inc1.22%
Incyte Corp1.20%
Sei Investments Company1.18%
Roblox Corp -Class A1.15%
Docusign Inc1.05%
Dropbox Inc-Class A1.02%
Garmin Ltd1.02%
Cardinal Health Inc1.00%
Mongodb Inc0.98%
Mueller Industries Inc0.95%
Target Corp0.92%
Bio-Techne Corp0.91%
Rocket Lab Corp0.89%
Credo Technology Group Holdi0.89%
Victory Capital Holding - A0.87%
Vistra Corp0.84%
Mgic Investment Corp0.82%
Lattice Semiconductor Corp0.82%
Axon Enterprise Inc0.81%
Ametek Inc0.80%
Viking Holdings Ltd0.78%
H&R Block Inc0.76%
Brinker International Inc0.75%
Nvent Electric PLC0.70%
Coreweave Inc-Cl A0.68%
Sunbelt Rentals Holdings Inc0.64%
Deckers Outdoor Corp0.62%
West Pharmaceutical Services0.58%
Heico Corp0.58%
Affiliated Managers Group0.56%
Qualys Inc0.56%
Jack Henry & Associates Inc0.55%
Matson Inc0.46%
Match Group Inc0.46%
Paycom Software Inc0.44%
Flex Ltd0.44%
Ftai Aviation Ltd0.44%
Fabrinet0.44%

Only in JUSA

230 securities, 96.9% of JUSA by weight

Apple Inc Common Stock7.46%
NVIDIA Corp Common Stock7.37%
Microsoft Corp Common6.64%
Amazon.com Inc Common4.38%
Alphabet Inc-Cl A -2.64%
Broadcom Inc Common2.35%
Meta Platforms Inc Common2.20%
Alphabet Inc-Cl C -2.02%
Eli Lilly and Company1.51%
Berkshire Hathaway Inc1.46%
Johnson & Johnson Common1.37%
Mastercard Inc Common1.34%
Tesla Inc Common Stock1.31%
Exxonmobil Holdings Corp1.30%
Micron Technology Inc1.26%
Visa Inc Common Stock USD1.24%
AbbVie Inc Common Stock1.17%
Advanced Micro Devices1.12%
JPMorgan Prime Money1.11%
Rtx Corp0.88%
Wells Fargo & Co Common0.79%
Philip Morris0.73%
Lam Research Corp Common0.72%
Lowe's Cos Inc Common0.72%
Citigroup Inc Common0.70%
Nextera Energy Inc Common0.69%
3M Co Common Stock USD0.68%
Pepsico Inc Common Stock0.68%
Bank of America Corp0.67%
UnitedHealth Group Inc0.67%
Costco Wholesale Corp0.65%
Conocophillips Common0.63%
Us Bancorp Common Stock0.60%
Charles Schwab Corp/The0.60%
Palantir Technologies Inc0.58%
Trane Technologies PLC0.57%
The Southern Company0.56%
Walmart Inc Common Stock0.54%
Amphenol Corp Common0.54%
Eog Resources Inc Common0.53%
Bristol-Myers Squibb Co0.52%
Mcdonald's Corp Common0.52%
AT&T Inc Common Stock USD0.49%
Mondelez International0.49%
Howmet Aerospace Inc0.49%
Aon PLC Common Stock USD0.48%
Accenture PLC Common0.47%
Texas Instruments Inc0.47%
Booking Holdings Inc0.47%
Thermo Fisher Scientific0.46%

Weight gaps

All 32 Holdings in both funds, largest gap first.

Holding weights in AEMG and JUSA, widest gap first
Holding	Gap	AEMG	JUSA
Comfort Systems Usa IncFIX	AEMG +3.68 points	3.75%	0.07%
Marathon Petroleum CorpMPC	AEMG +3.29 points	3.39%	0.10%
Snowflake IncSNOW	AEMG +3.03 points	3.16%	0.13%
Ameriprise Financial IncAMP	AEMG +2.96 points	2.97%	0.01%
Expedia Group IncEXPE	AEMG +2.32 points	2.43%	0.11%
Dexcom IncDXCM	AEMG +2.01 points	2.07%	0.06%
Datadog Inc - Class ADDOG	AEMG +1.93 points	2.03%	0.10%
Chipotle Mexican Grill IncCMG	AEMG +1.46 points	1.86%	0.40%
State Street CorpSTT	AEMG +1.37 points	1.43%	0.06%
Everpure Inc-AP	AEMG +1.36 points	1.38%	0.02%
Host Hotels & Resorts IncHST	AEMG +1.18 points	1.30%	0.12%
Godaddy Inc - Class AGDDY	AEMG +1.10 points	1.12%	0.02%
Williams-Sonoma IncWSM	AEMG +1.08 points	1.11%	0.03%
Te Connectivity PLCTEL	AEMG +0.93 points	0.96%	0.03%
Autodesk IncADSK	AEMG +0.75 points	0.89%	0.14%
Reddit Inc-Cl ARDDT	AEMG +0.71 points	0.73%	0.02%
Tapestry IncTPR	AEMG +0.67 points	0.71%	0.04%
Emcor Group IncEME	AEMG +0.64 points	0.68%	0.04%
Toast Inc-Class ATOST	AEMG +0.58 points	0.67%	0.09%
Jabil IncJBL	AEMG +0.50 points	0.55%	0.05%
Nucor CorpNUE	AEMG +0.46 points	0.60%	0.14%
Zoetis IncZTS	AEMG +0.47 points	0.52%	0.05%
Best Buy Co IncBBY	AEMG +0.45 points	0.53%	0.08%
Carnival Corp LtdCCL	AEMG +0.32 points	0.42%	0.10%
United Rentals IncURI	AEMG +0.28 points	0.48%	0.20%
Twilio Inc - ATWLO	AEMG +0.22 points	0.30%	0.08%
Coherent CorpCOHR	AEMG +0.19 points	0.23%	0.04%
Hewlett Packard EnterpriseHPE	AEMG +0.17 points	0.37%	0.20%
Ciena CorpCIEN	AEMG +0.15 points	0.20%	0.05%
F5 IncFFIV	AEMG +0.15 points	0.20%	0.05%
On SemiconductorON	AEMG +0.11 points	0.26%	0.15%
Cognizant Tech Solutions-ACTSH	AEMG +0.09 points	0.30%	0.21%

All 125 AEMG holdings⁠All 262 JUSA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AEMG vs JUSA Cost

Overpaying AEMG vs JUSA

$3,957

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

AEMG 0.38%
$7,706
JUSA 0.18%
$3,749

Amount$10,000

Years30 years

Cost over time

AEMG 0.38%
JUSA 0.18%
Overpaying

Year by year

Year	AEMG	JUSA	Overpaying
10	$688	$328	$360
20	$2,658	$1,281	$1,377
30	$7,706	$3,749	$3,957

Expense ratio

0.38%AEMG
0.18%JUSA, cheaper

JUSA0.18%AEMG0.38%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

JUSA cheapest of 90 funds

AEMG 10th cheapest of 90 funds

AEMG vs JUSA Dividends

Last 12 months to Nov 6, 2026

Yield (12M): AEMG No data; JUSA 0.74%
Payout (12M): AEMG None; JUSA $0.49
Last payment: AEMG No data; JUSA $0.13
Ex-dividend: AEMG No data; JUSA Sep 22, 2026
Paid on: AEMG No data; JUSA Sep 24, 2026
Frequency: AEMG No data; JUSA Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

AEMGAll AEMG payments⁠

No distribution history available.

JUSAQuarterly · 6 paymentsAll JUSA payments⁠

AEMG vs JUSA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AEMG No dataJUSA 11.6%since Apr 2025
Return per unit of riskSharpe ratio, 3 years: AEMG No dataJUSA 1.41since Apr 2025
Worst fallMax drawdown, 5 years: AEMG No dataJUSA −14.0%since Mar 2025
Market sensitivityBeta, 5 years: AEMG 0.00JUSA 0.98; Market = 1

AEMG and JUSA in the news

All news⁠

New ETFs
YieldMax lists an SK hynix options ETF that does not own the shares
Oct 28, 2026JUSA
ETF Filings
JPMorgan All Country Research Enhanced Equity ETF sets 0.22% fee, ticker JALL
Sep 4, 2026JUSA

Popular comparisons

AEMG—vsGUSEA
Harbor AlphaEdge Mid Cap Growth ETF · Goldman Sachs Enhanced U.S. Equity ETF
Expense ratio
0.38% · 0.30%
Category
JUSAAvsGUSEA
JPMorgan U.S. Research Enhanced Large Cap ETF · Goldman Sachs Enhanced U.S. Equity ETF
Expense ratio
0.18% · 0.30%
Category
AEMG—vsLRGCA
Harbor AlphaEdge Mid Cap Growth ETF · AB US Large Cap Strategic Equities ETF
Expense ratio
0.38% · 0.39%
Category
JUSAAvsLRGCA
JPMorgan U.S. Research Enhanced Large Cap ETF · AB US Large Cap Strategic Equities ETF
Expense ratio
0.18% · 0.39%
Category
AEMG—vsFELGA
Harbor AlphaEdge Mid Cap Growth ETF · Fidelity Enhanced Large Cap Growth ETF
Expense ratio
0.38% · 0.18%
Category
JUSAAvsFELGA
JPMorgan U.S. Research Enhanced Large Cap ETF · Fidelity Enhanced Large Cap Growth ETF
Expense ratio
0.18% · 0.18%
Category

AEMG vs JUSA

In short

Stated mandate

Why people hold it

Worth knowing

How AEMG and JUSA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AEMG

Only in JUSA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

YieldMax lists an SK hynix options ETF that does not own the shares

JPMorgan All Country Research Enhanced Equity ETF sets 0.22% fee, ticker JALL

How AEMG and JUSA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AEMG

Only in JUSA

Weight gaps