JEMA vs SEEM: Grades, Fees and Holdings Compared

JPMorgan ActiveBuilders Emerging Markets Equity ETF

JEMAANasdaq

SEI Select Emerging Markets Equity ETF

SEEMBNasdaq

Overlap

32.0%by weight

Expense ratio

JEMA −0.27pt a year

JEMA0.33%SEEM0.60%

Avg volume · 30D

JEMA 2.8×the volume

JEMA147KSEEM53.4K

JEMA vs SEEM Performance

Oct 31, 2025 – Oct 30, 2026

+16.5%JEMA+17.4%SEEM

Expense ratio: JEMA 0.33%, better; SEEM 0.60%
Fund size: JEMA $1.59B; SEEM $634M
1Y total return: JEMA +16.5%; SEEM +17.4%, better
Yield (12M): JEMA 2.55%; SEEM 3.06%, better
Holdings: JEMA 486; SEEM 263
Avg volume (30D): JEMA 147K sh, better; SEEM 53.4K sh
NAV per share: JEMA $56.18; SEEM $35.61
52W range

ETF.net Grade

Pillar letters and Scores for JEMA, SEEM, with each pillar’s weight
Pillar	JEMA	SEEM
Cost30% weight	A94Higher	B58
Mission25% weight	Not scored	Not scored
Risk15% weight	B58	B67Higher
Tradability15% weight	A82Higher	C51
Holdings10% weight	Not scored	A70
Durability5% weight	A89Higher	B63

Rank among Emerging Markets Active Equity funds

How we build Categories ›

Same Category. JEMA and SEEM are both graded against the same 27 Emerging Markets Active Equity funds, so their Grades compare head to head.

Emerging Markets Active Equity⁠

Category · 27 funds

See all 27 ›

JEMA ranks 2nd and SEEM 8th of 27 funds in the Emerging Markets Active Equity Category.

Rank 1AAVEMAvantis Emerging Markets Equity ETFScore 86
Rank 2AJEMAJPMorgan ActiveBuilders Emerging Markets Equity ETFScore 82
Rank 3AAVSEAvantis Responsible Emerging Markets Equity ETFScore 79
Rank 7BFEMRFidelity Enhanced Emerging Markets ETFScore 68
Rank 8BSEEMSEI Select Emerging Markets Equity ETFScore 60
Rank 9BTEMRT. Rowe Price Emerging Markets Equity Research ETFScore 57

Our read on each fund

ETF.net Research

JEMAAJPMorgan ActiveBuilders Emerging Markets Equity ETF

SEEMBSEI Select Emerging 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.

SEEM No data

Stated mandate

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

SEEM No data

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.

SEEM No data

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.

SEEM No data

Full JEMA profile⁠

Full SEEM profile⁠

JEMA vs SEEM Holdings

How JEMA and SEEM differ

Overlap by weight

32.0%

Shared holdings make up 45.3% of SEEM and 38.7% of JEMA.

Level by level

Holdings89 in both32.0%
Sector11 Sectors89.6%
Countryby domicile91.6%
Asset classEquity100%

Sector

Sector weights in JEMA and SEEM, widest gap first
Sector	More in JEMAMore in SEEM	JEMA	SEEM
Technology	JEMA +5.5 points	43.4%	37.9%
Financials	JEMA +4.0 points	23.0%	19.0%
Consumer Staples	SEEM +2.8 points	2.1%	4.9%
Health Care	SEEM +2.0 points	2.0%	4.0%
Communication	SEEM +1.8 points	5.7%	7.5%
Energy	SEEM +1.7 points	3.6%	5.3%
Utilities	JEMA +0.9 points	1.5%	0.6%
Materials	SEEM +0.6 points	3.7%	4.3%
Consumer Discretionary	SEEM +0.7 points	8.3%	9.0%
Industrials	SEEM +0.5 points	6.1%	6.6%
Real Estate	SEEM +0.4 points	0.6%	1.0%

Country, concentration and asset class

Country by domicile

Country weights in JEMA and SEEM, widest gap first
Country	More in JEMAMore in SEEM	JEMA	SEEM
South Africa	SEEM +2.8 points	3.6%	6.4%
Brazil	JEMA +1.8 points	6.1%	4.3%
India	JEMA +1.7 points	10.8%	9.1%
Poland	SEEM +1.5 points	0.8%	2.3%
Hong Kong	JEMA +1.3 points	1.5%	0.2%
Taiwan	JEMA +0.8 points	28.4%	27.6%
South Korea	SEEM +0.8 points	21.1%	21.9%
Peru	JEMA +0.7 points	0.9%	0.2%
Other countries (18)	SEEM +1.4 points	26.7%	28.1%

Outside the US: JEMA 2% developed, 98% emerging. SEEM 1% developed, 99% emerging.

Concentration

Weight in the 10 largest Holdings

JEMA40.5%
SEEM34.9%

Securities held

JEMA477
SEEM251

Asset class

JEMA: Equity
SEEM: Equity

Holdings

Only in JEMA388
In both89
Only in SEEM162

Only in JEMA

388 securities, 61.3% of JEMA by weight

Samsung Electronics Co8.50%
Sk Hynix Inc Common5.27%
JPMorgan Prime Money1.51%
Hdfc Bank Ltd Common1.15%
Petroleo Brasileiro SA -0.97%
Grupo Financiero Banorte0.78%
China Merchants Bank Co0.77%
Bajaj Finance Ltd Common0.75%
Icici Bank Ltd Common0.73%
Midea Group Co Ltd0.67%
Fuyao Glass Industry0.66%
H World Group Ltd0.65%
Aia Group Ltd Common0.63%
Kweichow Moutai Co Ltd0.61%
Kia Corp Common Stock0.57%
Kotak Mahindra Bank Ltd0.51%
Banco Btg Pactual SA0.48%
Credicorp Ltd Common0.48%
Techtronic Industries Co0.47%
Grupo Mexico Sab De Cv0.47%
Banco Bilbao Vizcaya0.47%
Shinhan Financial Group0.47%
Hdfc Bank Ltd Adr USD0.47%
Al Rajhi Bank Common0.46%
Reliance Industries Ltd0.44%
Mercadolibre Inc Common0.41%
Hana Financial Group Inc0.41%
Bharti Airtel Ltd Common0.40%
National Bank of Greece0.39%
Nu Holdings Ltd/Cayman0.36%
Piraeus Bank SA Common0.36%
Mahindra & Ltd0.36%
Tata Consultancy0.34%
Hanwha Aerospace Co Ltd0.33%
Nu Holdings Ltd/Cayman0.33%
Petrochina Co Ltd Common0.32%
Axia Energia SA Common0.31%
Credicorp Ltd Common0.31%
Petroleo Brasileiro SA -0.30%
Global Unichip Corp0.27%
Win Semiconductors Corp0.27%
Genpact Ltd Common Stock0.27%
Sk Square Co Ltd Common0.27%
Vale SA Adr USD 00.25%
Db Insurance Co Ltd0.25%
Nedbank Group Ltd Common0.25%
Cholamandalam Investment0.25%
Samsung Biologics Co Ltd0.24%
Samsung0.24%
Power Grid Corp of India0.24%

Only in SEEM

162 securities, 54.7% of SEEM by weight

Samsung Electronics Co Ltd6.53%
Sk Hynix Inc3.83%
Petroleo Brasileiro SA -1.64%
Sk Square Co Ltd1.31%
Samsung Electronics Co Lt1.24%
Grupo Financiero Banorte-O1.18%
Sk Inc0.81%
Hana Financial Group0.77%
Fomento Economico Mexica-Ubd0.74%
Midea Group Co Ltd-H0.66%
Novatek Microelectronics Cor0.63%
Commercial International Ban0.57%
Riyad Bank0.55%
Centre Testing Intl Group-A0.51%
Ptt Explor & Prod Pcl-Nvdr0.50%
Asustek Computer Inc0.46%
Richter Gedeon Nyrt0.44%
Naspers Ltd-N Shs0.42%
First Abu Dhabi Bank Pjsc0.42%
Marico Ltd0.42%
Shinhan Financial Group Ltd0.42%
Aurobindo Pharma Ltd0.41%
Nestle India Ltd0.41%
Anglogold Ashanti PLC0.41%
Hdfc Bank Limited0.40%
Geely Automobile Holdings Lt0.39%
Hero Motocorp Ltd0.39%
Kia Corp0.38%
Emirates Nbd Pjsc0.38%
Zydus Lifesciences Ltd0.38%
Eva Airways Corp0.37%
Zijin Mining Group Co Ltd-A0.36%
Yangzijiang Shipbuilding0.36%
Kasikornbank Pcl-Nvdr0.36%
Banque Saudi Fransi0.35%
Cemex Sab-Cpo0.34%
Ooredoo Qpsc0.34%
Bharat Petroleum Corp Ltd0.32%
Vedanta Ltd0.32%
Samsung C&T Corp0.32%
Infosys Ltd-Sp Adr0.31%
Nanya Technology Corp0.31%
Hindalco Industries Ltd0.31%
Wuxi Apptec Co Ltd-A0.30%
Samvardhana Motherson Intern0.30%
Cosco Shipping Holdings Co-A0.29%
Samsung Electro-Mechanics Co0.29%
National Aluminium Co Ltd0.28%
Kb Financial Group Inc0.28%
Winbond Electronics Corp0.28%

Weight gaps

All 89 Holdings in both funds, largest gap first.

Holding weights in JEMA and SEEM, widest gap first
Holding	More in JEMAMore in SEEM	JEMA	SEEM
Taiwan Semiconductor	JEMA +2.35 points	16.14%	13.79%
Industrial & Commercial	SEEM +1.18 points	0.09%	1.27%
Bank Polska Kasa Opieki	SEEM +0.89 points	0.06%	0.95%
Ase Technology Holding	JEMA +0.63 points	1.04%	0.41%
China Construction Bank	SEEM +0.57 points	0.46%	1.03%
Tencent Holdings Ltd	JEMA +0.56 points	2.83%	2.27%
Jd.com Inc - Class A	SEEM +0.46 points	0.04%	0.50%
China Life Insurance Co	SEEM +0.43 points	0.07%	0.50%
Vodacom Group Ltd Common	SEEM +0.42 points	0.07%	0.49%
Itau Unibanco Holding SA	JEMA +0.41 points	0.70%	0.29%
Zijin Mining Group Co	JEMA +0.40 points	0.62%	0.22%
Discovery Ltd Common	SEEM +0.39 points	0.05%	0.44%
Hon Hai Precision	SEEM +0.38 points	0.12%	0.50%
Ultrapar Participacoes	SEEM +0.37 points	0.06%	0.43%
Accton Technology Corp	JEMA +0.34 points	0.53%	0.19%
Ping An Insurance Group	JEMA +0.33 points	0.73%	0.40%
Netease Inc Common Stock	SEEM +0.31 points	1.05%	1.36%
Vibra Energia SA Common	SEEM +0.28 points	0.03%	0.31%
New Oriental Education &	SEEM +0.25 points	0.03%	0.28%
Mtn Group Ltd Common	SEEM +0.26 points	0.19%	0.45%
Wiwynn Corp Common Stock	SEEM +0.26 points	0.16%	0.42%
Contemporary Amperex	JEMA +0.24 points	0.56%	0.32%
Tupras-Turkiye Petrol	SEEM +0.25 points	0.02%	0.27%
Nmdc Ltd Common Stock	SEEM +0.24 points	0.02%	0.26%
Eurobank SA Common Stock	SEEM +0.23 points	0.10%	0.33%
Otp Bank Nyrt Common	SEEM +0.20 points	0.51%	0.71%
Ctbc Financial Holding	JEMA +0.20 points	0.49%	0.29%
Pdd Holdings Inc Adr USDPDD	SEEM +0.20 points	0.04%	0.24%
New China Life Insurance	SEEM +0.19 points	0.04%	0.23%
Oil & Natural Gas Corp	SEEM +0.19 points	0.02%	0.21%
Orlen SA Common Stock Pln	SEEM +0.18 points	0.15%	0.33%
Agricultural Bank of	SEEM +0.18 points	0.05%	0.23%
Itausa SA Preference Brl	SEEM +0.18 points	0.11%	0.29%
Quanta Computer Inc	JEMA +0.18 points	0.39%	0.21%
Capitec Limited Common	JEMA +0.18 points	0.40%	0.22%
Tiger Brands Ltd Common	SEEM +0.18 points	0.02%	0.20%
Mediatek Inc Common	JEMA +0.17 points	1.60%	1.43%
Simplo Technology Co Ltd	SEEM +0.18 points	0.03%	0.21%
Icici Bank Ltd Adr USDIBN	SEEM +0.17 points	0.09%	0.26%
Guangdong Investment Ltd	SEEM +0.17 points	0.02%	0.19%
Bid Corp Ltd Common	SEEM +0.16 points	0.11%	0.27%
Hellenic	SEEM +0.17 points	0.02%	0.19%
Mol Hungarian Oil & Gas	SEEM +0.16 points	0.05%	0.21%
Gf Securities Co Ltd	SEEM +0.15 points	0.04%	0.19%
Bim Birlesik Magazalar As	SEEM +0.16 points	0.04%	0.20%
Tripod Technology Corp	SEEM +0.13 points	0.04%	0.17%
Intercorp FinancialIFS	SEEM +0.14 points	0.02%	0.16%
Astra International Tbk	SEEM +0.13 points	0.03%	0.16%
Tal Education Group AdrTAL	SEEM +0.13 points	0.03%	0.16%
Asia Vital Components Co	SEEM +0.13 points	0.06%	0.19%
Marketech International	SEEM +0.13 points	0.04%	0.17%
United Microelectronics	SEEM +0.13 points	0.21%	0.34%
Lenovo Group Ltd Common	JEMA +0.13 points	0.32%	0.19%
Gold Fields Ltd Common	JEMA +0.12 points	0.27%	0.15%
Haier Smart Home Co Ltd	SEEM +0.12 points	0.08%	0.20%
Banco Bradesco SA	SEEM +0.12 points	0.02%	0.14%
China Taiping Insurance	SEEM +0.12 points	0.02%	0.14%
Cathay Financial Holding	SEEM +0.12 points	0.13%	0.25%
B3 SA - Brasil Bolsa	JEMA +0.11 points	0.23%	0.12%
Wuxi Apptec Co Ltd	SEEM +0.11 points	0.24%	0.35%
Sany Heavy Industry Co	SEEM +0.11 points	0.09%	0.20%
Realtek Semiconductor	SEEM +0.10 points	0.15%	0.25%
Bank Central Asia Tbk Pt	JEMA +0.09 points	0.37%	0.28%
Public Bank Bhd Common	SEEM +0.09 points	0.06%	0.15%
Wuxi Biologics Cayman	SEEM +0.09 points	0.10%	0.19%
Shoprite Holdings Ltd	SEEM +0.08 points	0.34%	0.42%
Harmony Gold Mining Co	SEEM +0.08 points	0.08%	0.16%
Foshan Haitian	SEEM +0.07 points	0.06%	0.13%
Meituan Common Stock Hkd	JEMA +0.07 points	0.20%	0.13%
Anta Sports Products Ltd	SEEM +0.07 points	0.30%	0.37%
Alibaba Group Holding	SEEM +0.06 points	1.42%	1.48%
Absa Group Ltd	SEEM +0.06 points	0.14%	0.20%
Advantech Co Ltd Common	SEEM +0.06 points	0.31%	0.37%
Chroma Ate Inc Common	JEMA +0.06 points	0.23%	0.17%
Largan Precision Co Ltd	JEMA +0.05 points	0.22%	0.17%
Raia Drogasil SA Common	SEEM +0.04 points	0.07%	0.11%
Citic Securities Co Ltd	SEEM +0.03 points	0.10%	0.13%
Hon Precision Inc Common	SEEM +0.03 points	0.12%	0.15%
Weg SA Common Stock Brl	JEMA +0.02 points	0.22%	0.20%
Yum China Holdings IncYUMC	JEMA +0.02 points	0.26%	0.24%
Bank Rakyat Indonesia	JEMA +0.01 points	0.20%	0.19%
King Slide Works Co Ltd	JEMA +0.01 points	0.20%	0.19%
China Pacific Insurance	SEEM +0.02 points	0.15%	0.17%
Delta Electronics Inc	SEEM +0.01 points	0.51%	0.52%
Elite Material Co Ltd	SEEM +0.02 points	0.22%	0.24%
Aspeed Technology Inc	SEEM +0.01 points	0.27%	0.28%
Wus Printed Circuit	SEEM +0.01 points	0.12%	0.13%
Emaar Properties Pjsc	SEEM +0.01 points	0.20%	0.21%
Lite-On Technology Corp	Same weight	0.17%	0.17%

All 483 JEMA holdings⁠All 263 SEEM 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.

JEMA vs SEEM Cost

Overpaying SEEM vs JEMA

$5,080

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

JEMA 0.33%
$6,737
SEEM 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

JEMA 0.33%
SEEM 0.60%
Overpaying

Year by year

Year	JEMA	SEEM	Overpaying
10	$598	$1,076	$478
20	$2,318	$4,116	$1,798
30	$6,737	$11,817	$5,080

Expense ratio

0.33%JEMA, cheaper
0.60%SEEM

JEMA0.33%SEEM0.60%

0.33%0.85%

Middle half of Emerging Markets Active Equity funds
Median 0.65%

JEMA cheapest of 27 funds

SEEM 12th cheapest of 27 funds

JEMA vs SEEM Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JEMA 2.55%; SEEM 3.06%, better
Payout (12M): JEMA $1.43; SEEM $1.08
Last payment: JEMA $1.43; SEEM $0.17
Ex-dividend: JEMA Dec 16, 2025; SEEM Oct 5, 2026
Paid on: JEMA Dec 18, 2025; SEEM Oct 6, 2026
Frequency: JEMA Annual; SEEM Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

JEMAAnnual · 7 paymentsAll JEMA payments⁠

SEEMQuarterly · 8 paymentsAll SEEM payments⁠

JEMA vs SEEM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: JEMA 16.7%SEEM 18.3%since Nov 2024
Return per unit of riskSharpe ratio, 3 years: JEMA 1.03SEEM 1.05since Nov 2024
Worst fallMax drawdown, 5 years: JEMA −36.5%SEEM −14.3%since Oct 2024
Market sensitivityBeta, 5 years: JEMA 1.05SEEM 0.82; Market = 1

JEMA and SEEM in the news

All news⁠

ETF Filings
Franklin Templeton files Templeton Emerging Markets Insights ETF at 0.64%
Oct 22, 2026JEMA
New ETFs
Avantis Investors' Avantis U.S. Core Equity ETF AVUC overlaps a fund it already runs
Oct 16, 2026JEMA
ETF Filings
JOHCM files to add emerging-markets and international ETFs at Advisors' Inner Circle Fund II
Sep 21, 2026JEMA
ETF Filings
Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank
Sep 18, 2026JEMA
ETF Filings
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026JEMA

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JEMA vs SEEM

In short

Stated mandate

Why people hold it