ESIM vs JIRE

ESIMCEventide International ETF

JIREAJPMorgan International Research Enhanced Equity ETF

In short

ESIM Eventide takes its faith-based screen overseas. ESIM filters non-US large and mid caps through its Business 360 process, then optimizes what survives to line up with its Bloomberg benchmark on beta, style and sector.

JIRE EAFE core with a stock-picker's fingerprints. JIRE holds sector and geographic risk close to the MSCI EAFE Index and expresses J.P. Morgan's global analyst calls as small over- and underweights, for 0.29% a year, below the typical active international fee.

Stated mandate

ESIM The Fund seeks long-term capital appreciation by investing primarily in non-U.S. companies selected through Eventide’s values-based screening process. It is actively managed with a long-only approach and seeks to limit tracking error to its Strategy Benchmark.

JIRE JIRE seeks long-term capital appreciation by investing primarily in foreign developed-market companies. It uses global fundamental research and seeks to outperform the MSCI EAFE Index while maintaining similar sector and geographic risk characteristics.

Why people hold it

• ESIM Values screen first, then math. Business 360 narrows the non-US universe; optimization then aligns the portfolio's beta, style and sector with its Bloomberg World ex US benchmark.eventideinvestments.com
• At 0.59%, it sits right at the median cost for actively managed international funds in its peer group.
• Eventide's first dedicated ex-US fund, so one faith-based framework now runs across US and international shelves. Distributions are paid quarterly.eventideinvestments.com

• JIRE Index-like by design: sector and geographic risk stay close to MSCI EAFE, so stock-level tilts from J.P. Morgan's worldwide research bench do the work.jpmorgan.com
• 0.29% a year, below the median fee in its active international category, and no waiver is propping that up, so there is no expiry date to watch.
• Risk spread wide: roughly 200 stocks across developed markets outside North America, inside a multi-billion-dollar fund.
• Rates as one of the stronger implementations in the active international equity group.

Worth knowing

• ESIM Trading opened in December 2025, so the record is short. The screen also means holdings can look different from the benchmark, in either direction.eventideinvestments.com
• Broad international core rivals cost a lot less: AVDE at 0.23% and DFIC at 0.22%. The extra fee buys the screen and the active work.
• A young, small fund can trade thinly, so bid/ask spreads matter more here than with the category's giants. Limit orders are the usual fix.

• JIRE Hugging the benchmark cuts both ways: differences from EAFE come in small slices from stock selection, not bold sector or country bets.
• Cheaper shelf-mates exist: DFIC at 0.22% and AVDE at 0.23%, plus TACN at 0.20% gross but 0% net of a waiver through January 30, 2027.
• Developed-market holdings are priced in foreign currencies, so moves in the dollar ride along with the stock results.jpmorgan.com

Full ESIM profile⁠

Full JIRE profile⁠