IWFG vs JUSA

IWFGBNYLI Winslow Focused Large Cap Growth ETF

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

In short

IWFG Winslow Capital is a growth-only shop, and IWFG is its concentrated cut: roughly two dozen US large-cap growth names, non-diversified by design, at 0.46% net of a waiver through August 28, 2027.

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

IWFG The Fund’s stated objective is long-term capital appreciation.

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

• IWFG Concentration is the product: around two dozen large US growth names, non-diversified by design, so the team's top ideas carry real weight instead of being diluted by a long tail.sec.gov
• 0.46% net of a waiver through August 28, 2027, which lands below the median fee among its conviction-growth peers.
• Not a side project: Winslow runs US large-cap growth money for institutions and separate accounts, and this ETF is the focused, high-conviction version of that research.nylim.comnylim.com 2
• At least 80% of net assets sit in companies above $4 billion in market cap, so it stays a large-cap sleeve rather than drifting down the size scale.sec.gov

• 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

• IWFG A 20-something-stock, non-diversified book cuts both ways: one name's stumble or surge shows up in results fast, and sector bets can get lopsided.sec.gov
• That 0.46% rests on a waiver running through August 28, 2027. Gross expenses are 0.94%, so the cost rises if the waiver is not extended.
• Small fund, light trading volume, and a mandate aimed at long-term capital appreciation rather than income, so spreads can be wider than at the giant growth index funds.

• 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 IWFG profile⁠

Full JUSA profile⁠