IWLG vs JUSA

IWLGBNYLI Winslow Large Cap Growth ETF

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

In short

IWLG A growth-only boutique's flagship large-cap strategy, delivered in an ETF wrapper: roughly 40 high-conviction US names, non-diversified by design, measured against the Russell 1000 Growth Index.

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

IWLG The Fund seeks long-term growth of capital. It normally invests at least 80% of net assets in large-capitalization companies, defined as companies with market capitalizations above $4 billion, and typically invests substantially in domestic securities.

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

• IWLG Winslow has been a registered investment adviser since 1992 and runs growth equity only; its US large cap growth team traces back to 1999. This ETF puts that flagship approach in a ticker.sec.govnylim.commorganstanley.com
• About 40 holdings, so each pick carries real weight instead of being diluted into a benchmark-sized name list.
• The portfolio matches the mandate on the page: at least 80% of net assets in US large caps above $4 billion in market value, mostly domestic securities.
• Among the better-built options in a crowded conviction-growth field, landing in the upper half of its peer group on cost, mandate fidelity and structure.

• 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

• IWLG Non-diversified and concentrated: with about 40 names, individual stumbles land harder than they would in a broad index fund.yahoo.com
• 0.50% net of a waiver through August 28, 2027 (0.82% gross) sits near the category median, while enhanced-index rivals JUSA and FELG charge 0.18%.
• Volume is light next to the category's giants, which makes execution details (order type, time of day) more of a factor than with mega-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 IWLG profile⁠

Full JUSA profile⁠