JIRE vs MOTI

JIREAJPMorgan International Research Enhanced Equity ETF

MOTIDVanEck Morningstar International Moat 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.

MOTI The international cousin of the US moat trade: Morningstar's analysts flag companies with durable competitive advantages outside America, and the index only buys the ones trading at attractive prices. Roughly 60 names, zero US exposure.

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.

MOTI The fund seeks to replicate, before fees and expenses, the price and yield performance of the Morningstar Global Markets ex-US Wide Moat Focus Index.

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.

• MOTI Two screens, not one: a company needs Morningstar's wide moat rating and an attractive valuation to enter the index. Quality and value, both advertised up front.vaneck.com
• About 60 stocks, so each holding actually matters. That is a different animal from ex-US index funds carrying hundreds or thousands of names.
• At 0.58% a year it sits just under the median fee in its international peer group, running the same rules-based moat mandate since its 2015 launch.

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

• MOTI Concentration cuts both ways: with roughly 60 names, one company's stumble lands harder than it would inside a broad international index fund.
• Plain-vanilla rivals cost far less. AVDE and DFIC deliver broad international exposure for under a quarter of a percent.
• One of the less-traded funds in its category, so bid-ask spreads can run wider than on the big international index products.

Full JIRE profile⁠

Full MOTI profile⁠