JIRE vs MFSI: Grades, Fees and Holdings Compared

JPMorgan International Research Enhanced Equity ETF

JIREANYSE Arca

MFS Active International ETF

MFSICNYSE

Overlap

22.7%by weight

Expense ratio

JIRE −0.30pt a year

JIRE0.29%MFSI0.59%

Avg volume · 30D

JIRE 1.9×the volume

JIRE412KMFSI218K

JIRE vs MFSI Performance

Oct 31, 2025 – Nov 2, 2026

+13.3%JIRE+10.9%MFSI

Expense ratio: JIRE 0.29%, better; MFSI 0.59%
Fund size: JIRE $10.9B; MFSI $1.27B
1Y total return: JIRE +13.3%, better; MFSI +10.9%
Yield (12M): JIRE 2.74%, better; MFSI 0.77%
Holdings: JIRE 213; MFSI 94
Avg volume (30D): JIRE 412K sh, better; MFSI 218K sh
NAV per share: JIRE $81.40; MFSI $32.59
52W range

ETF.net Grade

Pillar letters and Scores for JIRE, MFSI, with each pillar’s weight
Pillar	JIRE	MFSI
Cost30% weight	A94Higher	C43
Mission25% weight	Not scored	Not scored
Risk15% weight	B59Higher	C52
Tradability15% weight	A71Higher	B56
Holdings10% weight	A71Higher	B58
Durability5% weight	A93Higher	B61

Rank among International Active Equity funds

How we build Categories ›

Same Category. JIRE and MFSI 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 MFSI 26th 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 25CIMOMAlpha Architect International Quantitative Momentum ETFScore 53
Rank 26CMFSIMFS Active International ETFScore 50
Rank 27COSEAHarbor International Compounders ETF (OSEA)Score 49

Our read on each fund

ETF.net Research

JIREAJPMorgan International Research Enhanced Equity ETF

MFSICMFS Active International ETF

In short

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.

MFSI No data

Stated mandate

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.

MFSI No data

Why people hold it

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.

MFSI No data

Worth knowing

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

MFSI No data

Full JIRE profile⁠

Full MFSI profile⁠

JIRE vs MFSI Holdings

How JIRE and MFSI differ

Overlap by weight

22.7%

Shared holdings make up 45.4% of MFSI and 24.4% of JIRE.

Level by level

Holdings39 in both22.7%
Countryby domicile60.4%
Sector11 Sectors88.9%
Asset classEquity100%

Sector

Sector weights in JIRE and MFSI, widest gap first
Sector	More in JIREMore in MFSI	JIRE	MFSI
Technology	MFSI +6.2 points	13.4%	19.6%
Utilities	JIRE +2.7 points	4.0%	1.3%
Industrials	JIRE +2.6 points	17.7%	15.1%
Health Care	JIRE +2.5 points	9.6%	7.1%
Consumer Discretionary	MFSI +2.3 points	7.6%	9.9%
Communication	JIRE +1.7 points	5.0%	3.3%
Energy	MFSI +1.5 points	3.6%	5.1%
Financials	JIRE +0.9 points	27.2%	26.3%
Materials	MFSI +0.8 points	5.0%	5.8%
Real Estate	JIRE +0.7 points	0.7%	0.0%
Consumer Staples	MFSI +0.3 points	6.2%	6.5%

Country, concentration and asset class

Country by domicile

Country weights in JIRE and MFSI, widest gap first
Country	More in JIREMore in MFSI	JIRE	MFSI
Taiwan	MFSI +9.0 points	0.0%	9.0%
Japan	JIRE +8.2 points	25.0%	16.8%
China	MFSI +6.8 points	0.1%	6.9%
United Kingdom	JIRE +6.2 points	16.5%	10.3%
Germany	JIRE +6.0 points	10.7%	4.7%
Australia	JIRE +6.0 points	6.9%	0.9%
Netherlands	JIRE +5.6 points	6.2%	0.6%
Canada	MFSI +5.2 points	0.0%	5.2%
Other countries (17)	MFSI +11.1 points	34.6%	45.7%

Outside the US: JIRE 100% developed, 0% emerging. MFSI 74% developed, 26% emerging.

Concentration

Weight in the 10 largest Holdings

JIRE16.8%
MFSI26.3%

Securities held

JIRE208
MFSI93

Asset class

JIRE: Equity
MFSI: Equity

Holdings

Only in JIRE169
In both39
Only in MFSI54

Only in JIRE

169 securities, 75.5% of JIRE by weight

Asml Holding NV Common3.32%
Astrazeneca PLC Common1.94%
Siemens AG Common Stock1.62%
Allianz SE Common Stock1.56%
Shell PLC1.49%
Hsbc Holdings PLC Common1.29%
Banco Santander SA Common1.24%
Iberdrola SA Common Stock1.19%
Toyota Motor Corp Common1.18%
Bhp Group Ltd Common1.14%
Safran SA Common Stock1.11%
Recruit Holdings Co Ltd1.10%
Muenchener1.05%
Unicredit Spa Common1.04%
Atlas Copco Ab Common0.98%
Barclays PLC Common Stock0.96%
Ubs Group AG Common Stock0.93%
Tokyo Electron Ltd Common0.91%
Tokio Marine Holdings0.86%
Lonza Group AG Common0.86%
Sanofi SA Common Stock0.83%
Dbs Group Holdings Ltd0.82%
Engie SA Common Stock0.79%
British American Tobacco0.79%
National Grid PLC Common0.79%
Legrand SA Common Stock0.74%
Rio Tinto Ltd Common0.74%
Commonwealth Bank of0.74%
Keyence Corp Common Stock0.73%
Societe Generale SA0.73%
Takeda Pharmaceutical Co0.72%
Itochu Corp Common Stock0.72%
Deutsche Telekom AG0.70%
Mitsubishi Ufj Financial0.69%
Infineon Technologies AG0.68%
Ferrari NV Common Stock0.68%
Volvo Ab Common Stock Sek0.68%
Aia Group Ltd Common0.67%
Danske Bank A/S Common0.64%
Mitsui & Co Ltd Common0.64%
Sse PLC Common Stock Gbp0.62%
Rwe AG Common Stock Eur0.61%
Dhl AG Common Stock Eur0.60%
Unilever PLC Common0.60%
Novo Nordisk A/S Common0.59%
Novonesis Novozymes B0.57%
Fast Retailing Co Ltd0.56%
Orange SA Common Stock0.55%
Bp PLC Common Stock Gbp0.55%
Sage Group Plc/The0.54%

Only in MFSI

54 securities, 53.7% of MFSI by weight

Taiwan Semiconductor Sp Adr7.25%
Samsung Electronics Co Ltd3.23%
Tencent Holdings Ltd Uns Adr2.04%
Toronto Dominion Bank1.91%
Check Point Software Tech1.72%
Sompo Holdings Inc1.61%
Bank of Ireland Group PLC1.32%
Merck Kgaa1.31%
Aia Groupltd Sp Adr1.30%
Engie1.28%
Kone Oyj B1.25%
Ubs Groupag Reg1.21%
Dbs Groupholdings Ltd1.17%
Sonova Holding AG Reg1.13%
Ryanair Holdings PLC Sp Adr1.13%
British American Tob Sp Adr1.12%
Experian PLC1.09%
Hon Hai Precision Industry1.08%
Seven & Iholdings Co Ltd1.08%
Amadeus Itgroup SA0.96%
Daikin Industries Ltd0.88%
Credicorpltd0.87%
Franco Nevada Corp0.86%
Netease Inc Adr0.85%
Gerdau Saspon Adr0.81%
Kotak Mahindra Bank Ltd0.80%
Intact Financial Corp0.76%
Cgi Inc0.75%
Hdfc Bankltd Adr0.75%
Compagniede Saint Gobain0.74%
Royal Bankof Canada0.70%
Anta Sports Products Ltd0.66%
Pdd Holdings Inc0.65%
Haier Smart Home Co Ltd H0.64%
Ly Corp0.59%
Banco Bradesco Adr0.59%
Reliance Industries Limited0.58%
Kweichow Moutai Co Ltd A0.58%
Denso Corp0.58%
Inner Mongolia Yili Indus A0.56%
Bridgestone Corp0.56%
Fujifilm Holdings Corp0.56%
Yum Chinaholdings Inc0.45%
B3 SA Brasil Bolsa Balcao0.45%
Glencore PLC0.43%
Edenred0.43%
Beiersdorfag0.41%
China Resources Beer Holding0.39%
Novo Nordisk A/S B0.33%
Mahindra +mahindra Ltd0.32%

Weight gaps

All 39 Holdings in both funds, largest gap first.

Holding weights in JIRE and MFSI, widest gap first
Holding	More in JIREMore in MFSI	JIRE	MFSI
Ing Groep NV Common Stock	MFSI +1.53 points	0.19%	1.72%
Eni Spa	MFSI +1.45 points	0.39%	1.84%
Intesa Sanpaolo Spa	MFSI +1.32 points	0.23%	1.55%
Rolls-Royce Holdings PLCRR.L	MFSI +1.19 points	0.46%	1.65%
Compass Group PLC CommonCPG.L	MFSI +1.15 points	0.44%	1.59%
Mitsubishi Electric Corp	MFSI +1.14 points	0.36%	1.50%
Schneider Electric SE	MFSI +1.08 points	0.60%	1.68%
Hitachi Ltd Common Stock	MFSI +0.96 points	1.02%	1.98%
Cie Financiere Richemont	MFSI +0.96 points	0.81%	1.77%
Tesco PLC Common StockTSCO.L	MFSI +0.86 points	0.44%	1.30%
Bnp Paribas SA Common	MFSI +0.85 points	0.55%	1.40%
Deutsche Boerse AG	MFSI +0.84 points	0.30%	1.14%
Nestle SA Common Stock	JIRE +0.84 points	1.45%	0.61%
Banco Bilbao Vizcaya	MFSI +0.83 points	0.21%	1.04%
Totalenergies SE Common	MFSI +0.82 points	1.16%	1.98%
Novartis AG Common Stock	MFSI +0.77 points	1.32%	2.09%
Woodside Energy Group Ltd	MFSI +0.72 points	0.16%	0.88%
Roche Holding AG Common	MFSI +0.65 points	1.53%	2.18%
Natwest Group PLC CommonNWG.L	MFSI +0.64 points	0.77%	1.41%
Suzuki Motor Corp Common	MFSI +0.63 points	0.34%	0.97%
Gsk PLC Common Stock GbpGSK.L	MFSI +0.61 points	0.37%	0.98%
Air Liquide SA Common	MFSI +0.47 points	1.15%	1.62%
Shin-Etsu Chemical Co	MFSI +0.45 points	0.59%	1.04%
Terumo Corp Common Stock	MFSI +0.42 points	0.32%	0.74%
Pernod Ricard SA Common	MFSI +0.37 points	0.15%	0.52%
Sap SE Common Stock Eur	MFSI +0.36 points	1.10%	1.46%
Prudential PLC CommonPRU.L	MFSI +0.30 points	0.09%	0.39%
Zurich Insurance Group AG	MFSI +0.30 points	0.29%	0.59%
Hong Kong Exchanges &	JIRE +0.28 points	0.57%	0.29%
Sumitomo Mitsui	MFSI +0.28 points	1.13%	1.41%
Rio Tinto PLC CommonRIO.L	MFSI +0.28 points	0.36%	0.64%
Mtu Aero Engines AG	JIRE +0.26 points	0.53%	0.27%
London Stock ExchangeLSEG.L	JIRE +0.19 points	0.71%	0.52%
Lvmh Moet Hennessy Louis	MFSI +0.18 points	0.51%	0.69%
Sony Group Corp Common	MFSI +0.15 points	1.02%	1.17%
Heineken NV Common Stock	JIRE +0.15 points	0.42%	0.27%
Hoya Corp Common Stock	MFSI +0.09 points	0.55%	0.64%
Relx PLC Common Stock GbpREL.L	JIRE +0.07 points	0.86%	0.79%
Advantest Corp Common	MFSI +0.04 points	1.00%	1.04%

All 212 JIRE holdings⁠All MFSI 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.

JIRE vs MFSI Cost

Overpaying MFSI vs JIRE

$5,683

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

JIRE 0.29%
$5,952
MFSI 0.59%
$11,635

Amount$10,000

Years30 years

Cost over time

JIRE 0.29%
MFSI 0.59%
Overpaying

Year by year

Year	JIRE	MFSI	Overpaying
10	$527	$1,058	$531
20	$2,044	$4,051	$2,007
30	$5,952	$11,635	$5,683

Expense ratio

0.29%JIRE, cheaper
0.59%MFSI

JIRE0.29%MFSI0.59%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

JIRE 5th cheapest of 55 funds

MFSI 31st cheapest of 55 funds

JIRE vs MFSI Dividends

Last 12 months to Nov 2, 2026

Yield (12M): JIRE 2.74%, better; MFSI 0.77%
Payout (12M): JIRE $2.24; MFSI $0.25
Last payment: JIRE $2.24; MFSI $0.01
Ex-dividend: JIRE Dec 16, 2025; MFSI Jul 31, 2026
Paid on: JIRE Dec 18, 2025; MFSI Aug 3, 2026
Frequency: JIRE Annual; MFSI Twice a year

Distribution history

Per share, 2022 to 2026, same scale for both

JIREAnnual · 4 paymentsAll JIRE payments⁠

MFSITwice a year · 3 paymentsAll MFSI payments⁠

JIRE vs MFSI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: JIRE 11.8%MFSI 10.3%since Jan 2025
Return per unit of riskSharpe ratio, 3 years: JIRE 1.15MFSI 1.26since Jan 2025
Worst fallMax drawdown, 5 years: JIRE −16.1%since Jun 2022MFSI −13.7%since Dec 2024
Market sensitivityBeta, 5 years: JIRE 0.81MFSI 0.53; Market = 1

JIRE and MFSI in the news

All news⁠

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
Franklin Templeton files two enhanced ETFs to absorb its international core funds
Sep 18, 2026JIRE
ETF Filings
Janus Henderson International Core Alpha ETF prospectus takes effect at 0.35%
Sep 14, 2026JIRE
New ETFs
PGIM lists two more Jennison core ETFs after a May launch that still holds $7 million
Sep 8, 2026JIRE
ETF Filings
JPMorgan All Country Research Enhanced Equity ETF sets 0.22% fee, ticker JALL
Sep 4, 2026JIRE

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JIRE vs MFSI

In short

Stated mandate

Why people hold it