JIRE vs TDI

JIREAJPMorgan International Research Enhanced Equity ETF

TDICTouchstone Dynamic 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.

TDI An active international fund that skips price targets. Los Angeles Capital's quant model reads which company traits investors are rewarding right now and rebuilds the portfolio around them, typically monthly.

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.

TDI The Fund seeks capital appreciation by investing primarily in equity securities of companies outside the United States.

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.

• TDI No price targets. The model forecasts which traits (earnings quality, balance-sheet strength) investors currently favor, then rebalances toward them, typically monthly.sec.gov
• One passport, both halves of the world outside the US: at least 80% in non-US equities, developed and emerging, with room for depositary receipts, preferred stock and REITs.sec.gov
• 0.65% net of a waiver through April 29, 2027, against a 1.04% gross fee, so the waiver is doing real work while it runs.
• Fully transparent active: holdings post daily, no shielded portfolio. The strategy moved into the ETF wrapper in December 2023, when Touchstone converted a predecessor mutual fund.westernsouthern.com

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

• TDI Costs sit above the category median. Broad core peers DFIC (0.22%) and AVDE (0.23%) cover international for a fraction, and TACN's fee is waived to zero through January 30, 2027.
• When the waiver ends April 29, 2027, the stated gross fee is 1.04% unless Touchstone extends it.
• Monthly rebalancing means real turnover, worth knowing in a taxable account, and payouts come on an annual schedule rather than quarterly.sec.govwesternsouthern.com

Full JIRE profile⁠

Full TDI profile⁠