GIEQ vs JIRE: Grades, Fees and Holdings Compared

Goldman Sachs Data Enhanced International Equity ETF

GIEQANasdaq

JPMorgan International Research Enhanced Equity ETF

JIREANYSE Arca

Overlap

48.2%by weight

Expense ratio

JIRE −0.01pt a year

GIEQ0.30%JIRE0.29%

Avg volume · 30D

JIRE 22.9×the volume

GIEQ18KJIRE412K

GIEQ vs JIRE Performance

Jul 31, 2026 – Oct 30, 2026

−2.6%GIEQ−2.3%JIRE

Expense ratio: GIEQ 0.30%; JIRE 0.29%, better
Fund size: GIEQ $62M; JIRE $10.9B
1Y total return: GIEQ No data; JIRE +13.0%
Yield (12M): GIEQ No data; JIRE 2.75%
Holdings: GIEQ 300; JIRE 213
Avg volume (30D): GIEQ 18K sh; JIRE 412K sh, better
NAV per share: GIEQ $41.26; JIRE $81.40
52W range

ETF.net Grade

Pillar letters and Scores for GIEQ, JIRE, with each pillar’s weight
Pillar	GIEQ	JIRE
Cost30% weight	A89	A94Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	B69Higher	B58
Tradability15% weight	D39	A73Higher
Holdings10% weight	A79Higher	A71
Durability5% weight	C46	A93Higher

Rank among International Active Equity funds

How we build Categories ›

Same Category. GIEQ and JIRE are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds

See all 55 ›

JIRE ranks 3rd and GIEQ 8th of 55 funds in the International Active Equity Category.

Rank 1AAVDEAvantis International Equity ETFScore 87
Rank 1ADFICDimensional International Core Equity 2 ETFScore 87
Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 79
Rank 4AAVDSAvantis International Small Cap Equity ETFScore 78
Rank 7AAVNMAvantis All International Markets Equity ETFScore 72
Rank 8AGIEQGoldman Sachs Data Enhanced International Equity ETFScore 70
Rank 9BTOUST. Rowe Price International Equity ETFScore 68

Our read on each fund

ETF.net Research

GIEQAGoldman Sachs Data Enhanced International Equity ETF

JIREAJPMorgan International Research Enhanced Equity ETF

In short

GIEQ Goldman's quant desk pointed its data-driven stock picking at developed markets outside the US: roughly 300 names, models doing the selecting, 0.30% a year. Active international at close to index-fund pricing.

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

GIEQ The Fund seeks long-term growth of capital.

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

GIEQ Charges 0.30% a year, roughly half the typical fee in its active international peer group (cohort median 0.59%).
Actively run off Goldman's quantitative models rather than a rulebook index, with the stated aim of outdoing a developed ex-US benchmark.gs.com
Broad by design: about 300 holdings, at least 80% of net assets in non-US issuers, spread across large and mid caps.gs.com
Plain 1940 Act ETF structure. No leverage, no options overlay, no exotic flags, so stock selection is the only moving part.

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

GIEQ Launched in 2026 with a small asset base and thin early trading, so there is no long record yet and limit orders matter more than in a giant fund.
Cheap for active, not the cheapest on the shelf: systematic rivals DFIC, AVDE and JIRE all price under 0.25%.
The mandate is long-term growth of capital, not income, and the fund has not been paying out distributions.

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 GIEQ profile⁠

Full JIRE profile⁠

GIEQ vs JIRE Holdings

How GIEQ and JIRE differ

Overlap by weight

48.2%

Shared holdings make up 66.7% of JIRE and 61.1% of GIEQ.

Level by level

Holdings105 in both48.2%
Countryby domicile92.0%
Asset classEquity100%

Sector

No Sector split for GIEQ.

Country, concentration and asset class

Country by domicile

Country weights in GIEQ and JIRE, widest gap first
Country	More in GIEQMore in JIRE	GIEQ	JIRE
United Kingdom	JIRE +3.3 points	13.2%	16.5%
Sweden	GIEQ +2.0 points	4.3%	2.3%
Switzerland	GIEQ +1.9 points	9.7%	7.8%
Germany	JIRE +1.2 points	9.5%	10.7%
Italy	JIRE +0.8 points	1.3%	2.1%
Singapore	JIRE +0.7 points	0.7%	1.4%
Australia	GIEQ +0.8 points	7.7%	6.9%
Portugal	GIEQ +0.6 points	0.6%	0.0%
Other countries (15)	GIEQ +0.8 points	53.1%	52.3%

Outside the US: GIEQ 100% developed, 0% emerging. JIRE 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

GIEQ15.7%
JIRE16.8%

Securities held

GIEQ294
JIRE208

Asset class

GIEQ: Equity
JIRE: Equity

Holdings

Only in GIEQ189
In both105
Only in JIRE103

Only in GIEQ

189 securities, 38.4% of GIEQ by weight

Nordea Bank Abp0.72%
Fresenius SE & Co. Kgaa0.67%
Novo Nordisk A/S0.62%
Investor Aktiebolag0.62%
Imperial Brands PLC0.62%
Kyocera Corporation0.60%
Sekisui House, Ltd.0.57%
Marubeni Corporation0.57%
Energias De Portugal SA0.56%
Hexagon Aktiebolag0.56%
Nippon Yusen Kabushiki Kaisha0.53%
Glencore PLC0.52%
Icg PLC0.51%
Deutsche Bank Reg Shs0.51%
Vontobel0.51%
Asahi Group Holdings Ltd0.49%
Singapore Exchange Ltd0.47%
Wolters Kluwer N.v.0.46%
Danone0.46%
Orange0.46%
Spotify Technology S.a.0.46%
Ck Asset Holdings Limited0.46%
Caixabank, S.a.0.45%
Fisher & Paykel Healthcare Corporation Limited0.44%
Nippon Telegph & Tele0.43%
Bank of East Asia0.42%
Repsol Ypf SA0.42%
Doutor-Nichires Holdings0.40%
Ck Hutchison Holdings Limited0.40%
Ericsson (Lm) Telefon-0.39%
Nippon Express Holdings, Inc.0.38%
Mitsubishi Chemical Group Corporation0.37%
Sumitomo Chemical Company0.37%
Dic Corporation0.37%
Christian Dior Ord0.37%
Volvo Ab 'b' SEK50.36%
Kyowa Kirin0.36%
Honda Motor Co., Ltd.0.35%
Tryg A/S0.35%
Renesas Electronics Corporation0.35%
Kone Corp0.31%
Qiagen N.v.0.31%
Gas Natural Sdg SA0.30%
Wartsila0.30%
Sumitomo Mitsui Trust Group Inc0.28%
Hulic Co., Ltd.0.28%
Equinor Asa0.28%
Phc Holdings Corporation0.27%
Van Lanschot NV Class A EUR10.27%
Dassault Aviation0.27%

Only in JIRE

103 securities, 33.3% of JIRE by weight

Atlas Copco Ab Common0.96%
Tokio Marine Holdings0.86%
Dbs Group Holdings Ltd0.84%
Engie SA Common Stock0.79%
Keyence Corp Common0.76%
Legrand SA Common Stock0.74%
Societe Generale SA0.73%
Takeda Pharmaceutical Co0.72%
London Stock Exchange0.71%
Volvo Ab Common Stock Sek0.68%
Ferrari NV Common Stock0.67%
Sse PLC Common Stock Gbp0.63%
Rwe AG Common Stock Eur0.62%
Novo Nordisk A/S Common0.58%
Novonesis Novozymes B0.57%
Hong Kong Exchanges &0.56%
Fast Retailing Co Ltd0.56%
Orange SA Common Stock0.55%
T&D Holdings Inc Common0.54%
Sage Group Plc/The0.53%
Kingspan Group PLC0.51%
Asr Nederland NV Common0.51%
Koninklijke Kpn NV Common0.50%
Ajinomoto Co Inc Common0.48%
National Australia Bank0.46%
Tesco PLC Common Stock0.44%
Spotify Technology SA0.44%
Kddi Corp Common Stock0.43%
Compass Group PLC Common0.43%
Heineken NV Common Stock0.41%
Airbus SE Common Stock0.41%
Eni Spa0.41%
Bayer AG Common Stock Eur0.41%
Asics Corp Common Stock0.40%
Kao Corp Common Stock0.40%
Resona Holdings Inc0.40%
Kbc Group NV Common Stock0.38%
Finecobank Banca Fineco0.38%
Carlsberg As Common Stock0.37%
Kajima Corp Common Stock0.36%
Rio Tinto PLC Common0.36%
Continental AG Common0.35%
Medibank Pvt Ltd Common0.33%
Terumo Corp Common Stock0.32%
Sumitomo Realty &0.31%
Santos Ltd Common Stock0.31%
L'oreal SA Common Stock0.31%
Deutsche Boerse AG0.30%
Rheinmetall AG Common0.30%
Insurance Australia0.30%

Weight gaps

The 100 widest of 105 Holdings in both funds.

Holding weights in GIEQ and JIRE, widest gap first
Holding	More in GIEQMore in JIRE	GIEQ	JIRE
Astrazeneca PLC OrdAZN.L	JIRE +1.12 points	0.82%	1.94%
Air Liquide SA	JIRE +1.08 points	0.06%	1.14%
Iberdrola Sociedad Anonima	JIRE +0.99 points	0.20%	1.19%
Toyota Motor Corporation	JIRE +0.83 points	0.36%	1.19%
Hitachi, Ltd.	JIRE +0.79 points	0.25%	1.04%
Sumitomo Mitsui Fin Group, Inc	JIRE +0.78 points	0.36%	1.14%
Roche Holding AG	GIEQ +0.71 points	2.25%	1.54%
Shell PLCSHEL.L	JIRE +0.69 points	0.84%	1.53%
Lloyds Banking Group PLCLLOY.L	GIEQ +0.64 points	0.77%	0.13%
Mitsubishi Ufj Financial Group	GIEQ +0.64 points	1.34%	0.70%
Recruit Holdings Co., Ltd.	JIRE +0.60 points	0.58%	1.18%
Unilever PLCULVR.L	GIEQ +0.60 points	1.19%	0.59%
Westpac Banking Corporation	GIEQ +0.59 points	0.69%	0.10%
Banco Santander, S.a.	JIRE +0.58 points	0.63%	1.21%
Banco Bilbao Vizcaya	GIEQ +0.56 points	0.77%	0.21%
Barclays PLCBARC.L	JIRE +0.55 points	0.40%	0.95%
Relx PLCREL.L	JIRE +0.54 points	0.32%	0.86%
Mitsui & Co Ltd	JIRE +0.52 points	0.13%	0.65%
Industria De Diseno Textil, S.a.	GIEQ +0.53 points	0.85%	0.32%
Axa	GIEQ +0.53 points	0.88%	0.35%
Thales	GIEQ +0.51 points	0.62%	0.11%
Shin-Etsu Chemical	JIRE +0.48 points	0.11%	0.59%
Itochu Corporation	JIRE +0.47 points	0.26%	0.73%
Novartis AG Shs	JIRE +0.46 points	0.85%	1.31%
Japan Tobacco Inc.	GIEQ +0.47 points	0.64%	0.17%
Essilorluxottica	GIEQ +0.46 points	0.63%	0.17%
Mitsubishi Corp.	GIEQ +0.45 points	0.60%	0.15%
British American Tobacco OrdBATS.L	JIRE +0.45 points	0.34%	0.79%
Macquarie Group Limited	GIEQ +0.44 points	0.74%	0.30%
Rolls-Royce Holdings PLCRR.L	GIEQ +0.44 points	0.88%	0.44%
Lvmh Moet-Hennessy Louis	GIEQ +0.43 points	0.93%	0.50%
Lonza Group AG	JIRE +0.42 points	0.42%	0.84%
Danske Bank AG DKK100	JIRE +0.42 points	0.22%	0.64%
Mtu Aero Engines AG	JIRE +0.41 points	0.09%	0.50%
Panasonic	GIEQ +0.37 points	0.62%	0.25%
Siemens Energy AG	GIEQ +0.35 points	0.70%	0.35%
Infineon Technologies AG	JIRE +0.35 points	0.33%	0.68%
Coles Group Limited	GIEQ +0.35 points	0.49%	0.14%
Sumitomo Electric Industries, Ltd	JIRE +0.34 points	0.06%	0.40%
Hsbc Holdings PLCHSBA.L	JIRE +0.33 points	0.96%	1.29%
Koninklijke Ahold Delhaize NV	GIEQ +0.31 points	0.51%	0.20%
Allianz SE	JIRE +0.31 points	1.24%	1.55%
Commonwealth Bank of Australia	JIRE +0.30 points	0.44%	0.74%
Abb Ltd	GIEQ +0.30 points	0.59%	0.29%
Suzuki Motor Corp	JIRE +0.29 points	0.04%	0.33%
Muenchener Rueckvers.ges.ag	JIRE +0.30 points	0.75%	1.05%
Cap Gemini	JIRE +0.30 points	0.19%	0.49%
Advantest Corp	JIRE +0.29 points	0.68%	0.97%
Ubs Group AG	GIEQ +0.27 points	1.19%	0.92%
Natwest Group PLCNWG.L	JIRE +0.27 points	0.49%	0.76%
Zurich Insurance Group AG	JIRE +0.26 points	0.02%	0.28%
Totalenergies SE	JIRE +0.25 points	0.94%	1.19%
Sap SE	JIRE +0.26 points	0.84%	1.10%
Unicredit, Societa' Per Azioni	JIRE +0.26 points	0.77%	1.03%
Standard Chartered PLCSTAN.L	JIRE +0.25 points	0.09%	0.34%
Japan Post Bank Co., Ltd.	JIRE +0.24 points	0.28%	0.52%
Csl Limited	JIRE +0.24 points	0.07%	0.31%
Bnp Paribas	GIEQ +0.23 points	0.77%	0.54%
Anheuser-Busch Inbev	GIEQ +0.22 points	0.35%	0.13%
Bhp Group Limited	GIEQ +0.21 points	1.34%	1.13%
Deutsche Telekom AG	GIEQ +0.21 points	0.92%	0.71%
Hoya Corp	JIRE +0.20 points	0.39%	0.59%
Intercontinental Hotels Group PLCIHG.L	JIRE +0.18 points	0.23%	0.41%
Haleon PLCHLN.L	GIEQ +0.17 points	0.49%	0.32%
Wesfarmers Limited	GIEQ +0.16 points	0.33%	0.17%
Nestle S.a.	JIRE +0.15 points	1.28%	1.43%
Bp PLCBP.L	GIEQ +0.14 points	0.72%	0.58%
National Grid PLCNG.L	GIEQ +0.13 points	0.92%	0.79%
Fuji Electric Co Ltd	GIEQ +0.13 points	0.25%	0.12%
Tokyo Electron Ltd	JIRE +0.13 points	0.76%	0.89%
Reckitt Benckiser Group PLCRKT.L	GIEQ +0.13 points	0.52%	0.39%
E.on SE	GIEQ +0.13 points	0.23%	0.10%
Kioxia Holdings Corporation	GIEQ +0.12 points	0.54%	0.42%
Woolworths Group Limited	GIEQ +0.12 points	0.36%	0.24%
Safran SA	JIRE +0.11 points	0.95%	1.06%
Compagnie Financiere Richemont SA	GIEQ +0.11 points	0.91%	0.80%
Murata Mfg. Co., Ltd.	JIRE +0.11 points	0.25%	0.36%
Orix Corporation	GIEQ +0.10 points	0.29%	0.19%
Anz Group Holdings Ltd	GIEQ +0.08 points	0.42%	0.34%
Mitsubishi Heavy Ind	JIRE +0.09 points	0.21%	0.30%
Qbe Insurance Group Limited	GIEQ +0.08 points	0.31%	0.23%
Gsk PLCGSK.L	JIRE +0.08 points	0.30%	0.38%
Sanofi	GIEQ +0.08 points	0.89%	0.81%
Mizuho Financial Group	GIEQ +0.08 points	0.33%	0.25%
Sony Group Corporation	JIRE +0.07 points	0.95%	1.02%
Alcon, Inc.	GIEQ +0.07 points	0.23%	0.16%
Telstra Group Ltd	JIRE +0.06 points	0.32%	0.38%
Aia Group Limited	GIEQ +0.06 points	0.73%	0.67%
Dhl Group	GIEQ +0.06 points	0.65%	0.59%
Woodside Energy Group Ltd	GIEQ +0.06 points	0.22%	0.16%
Aib Group Public Limited Company	JIRE +0.05 points	0.27%	0.32%
Vinci SA	GIEQ +0.05 points	0.57%	0.52%
Asml Holding N.v.	JIRE +0.05 points	3.36%	3.41%
Fujitsu Limited	JIRE +0.05 points	0.42%	0.47%
Givaudan	JIRE +0.05 points	0.08%	0.13%
Siemens AG Reg Shs	JIRE +0.04 points	1.55%	1.59%
Kubota Corp	GIEQ +0.03 points	0.26%	0.23%
Prudential Public Limited CompanyPRU.L	GIEQ +0.02 points	0.11%	0.09%
Softbank Group Corp.	GIEQ +0.01 points	0.44%	0.43%
Schneider Electric	JIRE +0.01 points	0.58%	0.59%

All 295 GIEQ holdings⁠All 212 JIRE 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.

GIEQ vs JIRE Cost

Overpaying GIEQ vs JIRE

$197

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

GIEQ 0.30%
$6,149
JIRE 0.29%
$5,952

Amount$10,000

Years30 years

Cost over time

GIEQ 0.30%
JIRE 0.29%
Overpaying

Year by year

Year	GIEQ	JIRE	Overpaying
10	$545	$527	$18
20	$2,113	$2,044	$69
30	$6,149	$5,952	$197

Expense ratio

0.30%GIEQ
0.29%JIRE, cheaper

JIRE0.29%GIEQ0.30%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

JIRE 5th cheapest of 55 funds

GIEQ 6th cheapest of 55 funds

GIEQ vs JIRE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GIEQ No data; JIRE 2.75%
Payout (12M): GIEQ None; JIRE $2.24
Last payment: GIEQ No data; JIRE $2.24
Ex-dividend: GIEQ No data; JIRE Dec 16, 2025
Paid on: GIEQ No data; JIRE Dec 18, 2025
Frequency: GIEQ No data; JIRE Annual

Distribution history

Per share, 2022 to 2026, same scale for both

GIEQAll GIEQ payments⁠

No distribution history available.

JIREAnnual · 4 paymentsAll JIRE payments⁠

GIEQ vs JIRE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GIEQ No dataJIRE 11.8%
Return per unit of riskSharpe ratio, 3 years: GIEQ No dataJIRE 1.15
Worst fallMax drawdown, 5 years: GIEQ No dataJIRE −16.1%since Jun 2022
Market sensitivityBeta, 5 years: GIEQ 0.32JIRE 0.81; Market = 1

GIEQ and JIRE in the news

All news⁠

ETF Filings
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026GIEQJIRE
ETF Filings
Transamerica files TAVI, a Great Lakes EAFE ETF, as a $4.27 billion fund changes sub-adviser
Sep 22, 2026JIRE
ETF Filings
Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank
Sep 18, 2026JIRE
ETF Filings
Janus Henderson International Core Alpha ETF prospectus takes effect at 0.35%
Sep 14, 2026JIRE
ETF Filings
Goldman files a second GEMQ booklet; sibling GIEQ has traded since May
Sep 9, 2026GIEQ
New ETFs
PGIM lists two more Jennison core ETFs after a May launch that still holds $7 million
Sep 8, 2026JIRE

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GIEQ vs JIRE

In short

Stated mandate

Why people hold it