JEMA vs REMG

JEMAAJPMorgan ActiveBuilders Emerging Markets Equity ETF

REMGCEmerging Markets Equity ETF

In short

JEMA Active emerging-markets management priced like an index fund: J.P. Morgan blends its own country, region and style EM strategies into one roughly 500-stock portfolio built to keep the MSCI EM index's sector and country risk shape.

REMG Russell Investments' active swing at emerging markets: roughly 40 stocks instead of an index-sized crowd, priced a shade under the typical active EM fund, on the tape since 2022.

Stated mandate

JEMA Seeks long-term capital appreciation through a portfolio of emerging-market equities.

REMG The Fund seeks long-term capital growth through an actively managed portfolio focused on equity securities tied to emerging markets.

Why people hold it

• JEMA 0.33% a year, about half the 0.65% median for active EM funds and level with the cheapest names in the group (AVEM, AVXC, AVSE).
• Not one manager's hunch: the portfolio stitches together a range of J.P. Morgan's actively managed EM strategies across countries, regions and styles.sec.gov
• Active tilts, benchmark shape. It overweights and underweights countries and sectors versus the MSCI EM index while aiming to hold similar sector and geographic risk.sec.gov
• A multi-billion-dollar fund that stands among the strongest implementations in the active EM group on cost and structure.

• REMG Costs 0.64% a year, just under the median for actively managed EM funds. Active emerging markets is rarely a discount aisle, and this one sits on the friendlier side of normal.
• Roughly 40 holdings, so each name carries real weight. That is the point of paying for stock selection rather than owning the whole benchmark.
• The portfolio does what the prospectus says: actively managed emerging-markets equity aimed at long-term capital growth. It sits in the upper half of its active EM peer group.

Worth knowing

• JEMA Active means results ride on the adviser's calls, and the fund has only been trading since 2021, a short record for an EM strategy.sec.gov
• Full-market EM exposure runs hot: volatility screens as the softer part of the picture next to peers, the trade-off for staying in the whole asset class.
• Moderately traded rather than a tape giant, and cash comes back once or twice a year, not monthly.

• REMG Thinly traded. Spreads can run wider than the category's household names, so how you place an order matters more here than with a mega-fund.
• The top-scoring funds in this cohort (AVEM, JEMA, AVXC) charge about 0.33%. You are paying roughly double for a concentrated, human-picked book.
• Launched in 2022 with a modest asset base, so the track record is short and the fund lacks the scale of the category's mainstays.

Full JEMA profile⁠

Full REMG profile⁠