AVSE vs JADE

AVSEAAvantis Responsible Emerging Markets Equity ETF

JADECJPMorgan Active Developing Markets Equity ETF

In short

AVSE Avantis's emerging markets workhorse with a values filter bolted on: the same profitability tilt and thousands-of-stocks build as its flagship EM fund, at the same 0.33% fee, minus the issuers its team flags on ESG grounds.

JADE JPMorgan's stock-picker take on emerging markets: analysts pick roughly 140 names, and country bets come second. Priced at the middle of the active EM ETF pack.

Stated mandate

AVSE The fund is an actively managed emerging-markets equity strategy that seeks to identify securities with higher expected returns while excluding issuers that raise concerns under the portfolio team's environmental, social, and governance evaluation.

JADE The fund seeks long-term capital appreciation through a portfolio of equities tied economically to developing markets. It uses active security selection, emphasizing growth and value companies and businesses with sustainable earnings and disciplined capital management.

Why people hold it

• AVSE Charges 0.33% a year, roughly half the typical fee among actively managed emerging markets funds. The cost drag stays out of the way of the strategy.
• The screen trims rather than concentrates: the portfolio still spans thousands of emerging markets stocks, not a short list of approved names.avantisinvestors.com
• Active in the Avantis sense: a systematic tilt toward more profitable companies, not a manager's hunches about which stocks pop next.
• Priced level with Avantis's mainstream EM funds (AVEM, AVXC) and JPMorgan's JEMA at 0.33%, and one of the stronger builds in the active EM group.

• JADE Bottom-up by design: security selection drives the portfolio, with country and sector calls secondary. Roughly 140 stocks, not a thousand-name index sleeve.prnewswire.com
• Runs 0.65%, dead-on the median for active EM equity ETFs. Active stock picking here does not carry an above-market toll.
• Managed by J.P. Morgan's Emerging Markets and Asia Pacific equity team, and measured against the MSCI Emerging Markets Index (net total return), the standard EM yardstick.prnewswire.com
• Lands in the upper half of our active EM equity group, with risk behavior that has been tamer than most of that cohort so far.

Worth knowing

• AVSE Thinly traded next to the index-fund giants of emerging markets, so bid-ask spreads can widen and larger orders need care.
• The ESG exclusions are the portfolio team's own judgment calls, so the holdings and the results will drift from a plain broad EM benchmark.
• Emerging markets equity brings currency swings and country-level political risk, and this fund holds that exposure directly. Pays quarterly.

• JADE Cheaper cousins exist: sibling JEMA and Dimensional's DFEM buy EM equities for about half the fee, though they lean systematic rather than analyst-picked.
• Launched in 2024, still a small fund and thinly traded, so spreads can run wider than the giant EM index funds and the track record is short.
• Concentrated conviction cuts both ways: with about 140 holdings, results can drift meaningfully from MSCI EM in either direction. Distributions come once or twice a year.

Full AVSE profile⁠

Full JADE profile⁠