JIRE vs PQNT: Grades, Fees and Holdings Compared

JPMorgan International Research Enhanced Equity ETF

JIREANYSE Arca

Pictet AI Enhanced International Equity ETF

PQNTBNYSE Arca

Overlap

43.6%by weight

Expense ratio

JIRE −0.01pt a year

JIRE0.29%PQNT0.30%

Avg volume · 30D

JIRE 167.3×the volume

JIRE412KPQNT2.46K

JIRE vs PQNT Performance

Oct 31, 2025 – Oct 30, 2026

+13.0%JIRE+11.9%PQNT

Expense ratio: JIRE 0.29%, better; PQNT 0.30%
Fund size: JIRE $10.9B; PQNT $14M
1Y total return: JIRE +13.0%, better; PQNT +11.9%
Yield (12M): JIRE 2.75%; PQNT No data
Holdings: JIRE 213; PQNT 273
Avg volume (30D): JIRE 412K sh, better; PQNT 2.46K sh
NAV per share: JIRE $81.40; PQNT $22.64
52W range

ETF.net Grade

Pillar letters and Scores for JIRE, PQNT, with each pillar’s weight
Pillar	JIRE	PQNT
Cost30% weight	A94Higher	A89
Mission25% weight	Not scored	Not scored
Risk15% weight	B58Higher	C51
Tradability15% weight	A73Higher	D25
Holdings10% weight	A71Higher	B57
Durability5% weight	A93Higher	D32

Rank among International Active Equity funds

How we build Categories ›

Same Category. JIRE and PQNT 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 PQNT 20th 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 20BCGIECapital Group International Equity ETFScore 60
Rank 20BPQNTPictet AI Enhanced International Equity ETFScore 60
Rank 22BTILCThrivent International Large Cap ETFScore 57

Our read on each fund

ETF.net Research

JIREAJPMorgan International Research Enhanced Equity ETF

PQNTBPictet AI Enhanced International Equity 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.

PQNT AI is the engine here, not the pitch: an actively managed developed-markets fund measured against the MSCI EAFE index, where machine-driven stock selection costs 0.30%, low for an active international mandate.

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.

PQNT The Fund seeks long-term capital appreciation and is an actively managed ETF using an investment strategy enhanced through artificial intelligence.

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.

PQNT 0.30% for an actively managed international portfolio, well under the typical fee in the active international aisle.
Among funds using MSCI EAFE as their yardstick, fees stretch past a full point (AADR at 1.17%). PQNT sits near the floor of that range.
The mandate stays plain: developed non-US stocks, benchmarked to MSCI EAFE. AI drives the selection, so this is not a thematic basket of AI stocks.
Rates in the upper half of its actively managed international peer group on our review, with the portfolio itself a relative strength.

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

PQNT Launched in October 2025, so there is no long live record showing how the AI-enhanced process behaves across a full market cycle.
Still a small, thinly traded fund, which can mean wider bid-ask spreads than the household names in the category.
Active is active: holdings can look different from MSCI EAFE, so results can diverge from the benchmark in either direction.

Full JIRE profile⁠

Full PQNT profile⁠

JIRE vs PQNT Holdings

How JIRE and PQNT differ

Overlap by weight

43.6%

Shared holdings make up 65.5% of JIRE and 56.2% of PQNT.

Level by level

Holdings109 in both43.6%
Countryby domicile87.5%
Asset classEquity100%

Sector

No Sector split for PQNT.

Country, concentration and asset class

Country by domicile

Country weights in JIRE and PQNT, widest gap first
Country	More in JIREMore in PQNT	JIRE	PQNT
France	JIRE +3.4 points	10.8%	7.4%
Switzerland	PQNT +3.3 points	7.8%	11.1%
Germany	JIRE +2.8 points	10.7%	7.9%
United Kingdom	JIRE +2.4 points	16.5%	14.1%
Australia	JIRE +1.7 points	6.9%	5.2%
Italy	PQNT +1.6 points	2.1%	3.7%
Denmark	JIRE +1.4 points	2.1%	0.8%
Sweden	PQNT +1.3 points	2.3%	3.6%
Other countries (16)	PQNT +5.5 points	40.8%	46.3%

Outside the US: JIRE 100% developed, 0% emerging. PQNT 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

JIRE16.8%
PQNT26.9%

Securities held

JIRE208
PQNT272

Asset class

JIRE: Equity
PQNT: Equity

Holdings

Only in JIRE99
In both109
Only in PQNT163

Only in JIRE

99 securities, 34.5% of JIRE by weight

Astrazeneca PLC Common1.94%
Shell PLC1.53%
Totalenergies SE Common1.19%
Bhp Group Ltd Common1.13%
Atlas Copco Ab Common0.96%
Dbs Group Holdings Ltd0.84%
Engie SA Common Stock0.79%
Keyence Corp Common0.76%
Infineon Technologies AG0.68%
Volvo Ab Common Stock Sek0.68%
Ferrari NV Common Stock0.67%
Sse PLC Common Stock Gbp0.63%
Hoya Corp Common Stock0.59%
Novo Nordisk A/S Common0.58%
Bp PLC Common Stock Gbp0.58%
Novonesis Novozymes B0.57%
Hong Kong Exchanges &0.56%
Orange SA Common Stock0.55%
T&D Holdings Inc Common0.54%
Japan Post Bank Co Ltd0.52%
Vinci SA Common Stock Eur0.52%
Kingspan Group PLC0.51%
Asr Nederland NV Common0.51%
Mtu Aero Engines AG0.50%
Lvmh Moet Hennessy Louis0.50%
Kddi Corp Common Stock0.43%
Heineken NV Common Stock0.41%
Airbus SE Common Stock0.41%
Eni Spa0.41%
Bayer AG Common Stock Eur0.41%
Asics Corp Common Stock0.40%
Kao Corp Common Stock0.40%
Resona Holdings Inc0.40%
Reckitt Benckiser Group0.39%
Finecobank Banca Fineco0.38%
Carlsberg As Common Stock0.37%
Kajima Corp Common Stock0.36%
Standard Chartered PLC0.34%
Terumo Corp Common Stock0.32%
Aib Group PLC Common0.32%
Csl Ltd Common Stock Aud0.31%
Santos Ltd Common Stock0.31%
Rheinmetall AG Common0.30%
Insurance Australia0.30%
JPMorgan Prime Money0.29%
3I Group PLC Common Stock0.28%
Mizuho Financial Group0.25%
Argenx SE0.25%
Disco Corp Common Stock0.25%
Sea Ltd-Adr0.25%

Only in PQNT

163 securities, 43.6% of PQNT by weight

Cashusd5.90%
Ishares Msci Eafe Etf4.80%
Ishares Core Msci Eafe Etf4.78%
Galderma Group AG1.08%
Abn Amro Bank Nv-Cva0.92%
Assa Abloy Ab-B0.81%
Ck Hutchison Holdings Lt0.77%
Nordea Bank Abp0.77%
Anglo American PLC0.64%
Fanuc Corporation0.63%
Engie0.62%
Schindler Holding Ag-Reg0.57%
Bayer Ag-Reg0.56%
Dbs Group Holdings Ltd0.55%
Bank Leumi Le-Israel0.54%
Edp SA0.50%
Mitsui Fudosan Co Ltd0.48%
Deutsche Bank Ag-Registe0.45%
Vodafone Group PLC0.44%
Daiichi Life Group Inc0.42%
Daiwa Securities Group I0.42%
Mitsubishi Ufj Lease & Finance0.36%
Sun Hung Kai Properties0.36%
Asm International NV0.36%
Bandai Namco Holdings In0.34%
Japan Post Holdings Co L0.33%
Credit Agricole SA0.33%
Renesas Electronics Corp0.33%
Dnb Bank Asa0.31%
Softbank Corp0.30%
Marubeni Corp0.30%
Singapore Tech Engineeri0.29%
Nitto Denko Corp0.27%
Carrefour SA0.27%
Indutrade Ab0.25%
Nidec Corp0.24%
Wolters Kluwer0.24%
Standard Life PLC0.24%
Terna-Rete Elettrica Naz0.24%
Basf SE0.24%
SOUTH32 Ltd0.23%
Airbus SE0.23%
Kone Oyj-B0.23%
United Overseas Bk Ltd Ord0.23%
Bank of Ireland Group Pl0.22%
MS&AD Insurance Group Holdings0.21%
Leonardo Spa0.21%
Tenaris SA0.20%
Mitsubishi Estate Co Ltd0.19%
Fisher & Paykel Healthca0.19%

Weight gaps

The 100 widest of 109 Holdings in both funds.

Holding weights in JIRE and PQNT, widest gap first
Holding	More in JIREMore in PQNT	JIRE	PQNT
Sumitomo Mitsui	JIRE +1.07 points	1.14%	0.07%
Banco Santander SA Common	JIRE +0.97 points	1.21%	0.24%
Allianz SE Common Stock	JIRE +0.96 points	1.55%	0.59%
Siemens AG Common Stock	JIRE +0.87 points	1.59%	0.72%
Barclays PLC Common StockBARC.L	JIRE +0.84 points	0.95%	0.11%
Zurich Insurance Group AG	PQNT +0.81 points	0.28%	1.09%
Intesa Sanpaolo Spa	PQNT +0.75 points	0.23%	0.98%
Enel Spa Common Stock Eur	PQNT +0.73 points	0.06%	0.79%
British American TobaccoBATS.L	PQNT +0.72 points	0.79%	1.51%
Nestle SA Common Stock	JIRE +0.72 points	1.43%	0.71%
Societe Generale SA	JIRE +0.71 points	0.73%	0.02%
Sanofi SA Common Stock	JIRE +0.69 points	0.81%	0.12%
Takeda Pharmaceutical Co	JIRE +0.68 points	0.72%	0.04%
Air Liquide SA Common	JIRE +0.68 points	1.14%	0.46%
Japan Tobacco Inc Common	PQNT +0.68 points	0.17%	0.85%
Safran SA Common Stock	JIRE +0.67 points	1.06%	0.39%
Banco Bilbao Vizcaya	PQNT +0.65 points	0.21%	0.86%
Toyota Motor Corp Common	JIRE +0.63 points	1.19%	0.56%
Lonza Group AG Common	JIRE +0.62 points	0.84%	0.22%
L'oreal SA Common Stock	PQNT +0.57 points	0.31%	0.88%
Unicredit Spa Common	JIRE +0.58 points	1.03%	0.45%
Hsbc Holdings PLC CommonHSBA.L	JIRE +0.54 points	1.29%	0.75%
Ing Groep NV Common Stock	PQNT +0.53 points	0.19%	0.72%
Danske Bank A/S Common	JIRE +0.51 points	0.64%	0.13%
Bnp Paribas SA Common	PQNT +0.49 points	0.54%	1.03%
Westpac Banking Corp	PQNT +0.43 points	0.10%	0.53%
Dhl AG Common Stock Eur	JIRE +0.43 points	0.59%	0.16%
Legrand SA Common Stock	JIRE +0.42 points	0.74%	0.32%
Rio Tinto PLC CommonRIO.L	PQNT +0.41 points	0.36%	0.77%
Rolls-Royce Holdings PLCRR.L	PQNT +0.40 points	0.44%	0.84%
National Grid PLC CommonNG.L	JIRE +0.40 points	0.79%	0.39%
Compass Group PLC CommonCPG.L	JIRE +0.38 points	0.43%	0.05%
Sap SE Common Stock Eur	JIRE +0.38 points	1.10%	0.72%
Unilever PLC CommonULVR.L	JIRE +0.38 points	0.59%	0.21%
Relx PLC Common Stock GbpREL.L	JIRE +0.37 points	0.86%	0.49%
Anz Group Holdings Ltd	PQNT +0.36 points	0.34%	0.70%
Ajinomoto Co Inc Common	JIRE +0.36 points	0.48%	0.12%
Siemens Energy AG Common	PQNT +0.36 points	0.35%	0.71%
Sage Group Plc/TheSGE.L	JIRE +0.35 points	0.53%	0.18%
Iberdrola SA Common Stock	JIRE +0.33 points	1.19%	0.86%
Cie Financiere Richemont	JIRE +0.33 points	0.80%	0.47%
Asml Holding NV Common	JIRE +0.33 points	3.41%	3.08%
Rio Tinto Ltd Common	JIRE +0.32 points	0.75%	0.43%
Mitsubishi Electric Corp	JIRE +0.33 points	0.34%	0.02%
Deutsche Telekom AG	JIRE +0.31 points	0.71%	0.40%
Anheuser-Busch Inbev	PQNT +0.31 points	0.13%	0.44%
Kbc Group NV Common Stock	PQNT +0.31 points	0.38%	0.69%
Axa SA Common Stock Eur	PQNT +0.31 points	0.35%	0.66%
Rwe AG Common Stock Eur	JIRE +0.31 points	0.62%	0.31%
Sony Group Corp Common	PQNT +0.31 points	1.02%	1.33%
Next PLC Common StockNXT.L	PQNT +0.30 points	0.25%	0.55%
Fast Retailing Co Ltd	PQNT +0.30 points	0.56%	0.86%
Hitachi Ltd Common Stock	JIRE +0.28 points	1.04%	0.76%
Tesco PLC Common StockTSCO.L	PQNT +0.28 points	0.44%	0.72%
Continental AG Common	JIRE +0.27 points	0.35%	0.08%
Lloyds Banking Group PLCLLOY.L	PQNT +0.26 points	0.13%	0.39%
Fujitsu Ltd Common Stock	PQNT +0.26 points	0.47%	0.73%
Abb Ltd Common Stock Chf	PQNT +0.25 points	0.29%	0.54%
Mitsubishi Heavy	JIRE +0.24 points	0.30%	0.06%
Commonwealth Bank of	JIRE +0.23 points	0.74%	0.51%
Softbank Group Corp	JIRE +0.24 points	0.43%	0.19%
Koninklijke Kpn NV Common	JIRE +0.22 points	0.50%	0.28%
London Stock ExchangeLSEG.L	PQNT +0.22 points	0.71%	0.93%
Tokio Marine Holdings	JIRE +0.22 points	0.86%	0.64%
Medibank Pvt Ltd Common	JIRE +0.21 points	0.33%	0.12%
Natwest Group PLC CommonNWG.L	JIRE +0.20 points	0.76%	0.56%
Muenchener	JIRE +0.19 points	1.05%	0.86%
Advantest Corp Common	JIRE +0.18 points	0.97%	0.79%
Novartis AG Common Stock	PQNT +0.18 points	1.31%	1.49%
Telstra Group Ltd Common	JIRE +0.17 points	0.38%	0.21%
Sbi Holdings Inc Common	PQNT +0.17 points	0.12%	0.29%
Murata Manufacturing Co	JIRE +0.16 points	0.36%	0.20%
Koninklijke Ahold	JIRE +0.16 points	0.20%	0.04%
Boc Hong Kong Holdings	PQNT +0.15 points	0.13%	0.28%
Macquarie Group Ltd	PQNT +0.14 points	0.30%	0.44%
Mitsui & Co Ltd Common	JIRE +0.13 points	0.65%	0.52%
Recruit Holdings Co Ltd	PQNT +0.13 points	1.18%	1.31%
Aia Group Ltd Common	PQNT +0.11 points	0.67%	0.78%
Shin-Etsu Chemical Co	JIRE +0.12 points	0.59%	0.47%
Roche Holding AG Common	PQNT +0.12 points	1.54%	1.66%
Nomura Research	PQNT +0.12 points	0.06%	0.18%
Sumitomo Realty &	PQNT +0.11 points	0.31%	0.42%
Capgemini SE Common	JIRE +0.11 points	0.49%	0.38%
Telia Co Ab Common Stock	JIRE +0.10 points	0.17%	0.07%
Tokyo Electron Ltd	JIRE +0.09 points	0.89%	0.80%
Haleon PLC Common StockHLN.L	JIRE +0.09 points	0.32%	0.23%
Sumitomo Electric	JIRE +0.09 points	0.40%	0.31%
Ubs Group AG Common Stock	PQNT +0.09 points	0.92%	1.01%
Nebius Group NV CommonNBIS	JIRE +0.09 points	0.15%	0.06%
Bae Systems PLCBA.L	JIRE +0.08 points	0.51%	0.43%
Itochu Corp Common Stock	PQNT +0.09 points	0.73%	0.82%
Mitsubishi Ufj Financial	JIRE +0.08 points	0.70%	0.62%
Industria De Diseno	JIRE +0.08 points	0.32%	0.24%
Alcon AG Common Stock Chf	JIRE +0.07 points	0.16%	0.09%
Schneider Electric SE	JIRE +0.07 points	0.59%	0.52%
Thales SA Common Stock	JIRE +0.07 points	0.11%	0.04%
National Australia Bank	JIRE +0.07 points	0.46%	0.39%
Mitsui Osk Lines Ltd	JIRE +0.06 points	0.10%	0.04%
Deutsche Boerse AG	PQNT +0.06 points	0.30%	0.36%
Panasonic Holdings Corp	PQNT +0.06 points	0.25%	0.31%

All 212 JIRE holdings⁠All 259 PQNT 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 PQNT Cost

Overpaying PQNT vs JIRE

$197

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

JIRE 0.29%
$5,952
PQNT 0.30%
$6,149

Amount$10,000

Years30 years

Cost over time

JIRE 0.29%
PQNT 0.30%
Overpaying

Year by year

Year	JIRE	PQNT	Overpaying
10	$527	$545	$18
20	$2,044	$2,113	$69
30	$5,952	$6,149	$197

Expense ratio

0.29%JIRE, cheaper
0.30%PQNT

JIRE0.29%PQNT0.30%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

JIRE 5th cheapest of 55 funds

PQNT 6th cheapest of 55 funds

JIRE vs PQNT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JIRE 2.75%; PQNT No data
Payout (12M): JIRE $2.24; PQNT No data
Last payment: JIRE $2.24; PQNT $0.08
Ex-dividend: JIRE Dec 16, 2025; PQNT Dec 19, 2025
Paid on: JIRE Dec 18, 2025; PQNT Dec 23, 2025
Frequency: JIRE Annual; PQNT Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

JIREAnnual · 4 paymentsAll JIRE payments⁠

PQNTIrregular · 1 paymentAll PQNT payments⁠

JIRE vs PQNT 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%PQNT 12.5%since Nov 2025
Return per unit of riskSharpe ratio, 3 years: JIRE 1.15PQNT 0.66since Nov 2025
Worst fallMax drawdown, 5 years: JIRE −16.1%since Jun 2022PQNT −11.2%since Oct 2025
Market sensitivityBeta, 5 years: JIRE 0.81PQNT 0.63; Market = 1

JIRE and PQNT 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 PQNT

In short

Stated mandate

Why people hold it