JIRE vs TOUS: Grades, Fees and Holdings Compared

JPMorgan International Research Enhanced Equity ETF

JIREANYSE Arca

T. Rowe Price International Equity ETF

TOUSBNYSE Arca

Overlap

40.2%by weight

Expense ratio

JIRE −0.21pt a year

JIRE0.29%TOUS0.50%

Avg volume · 30D

JIRE 2.9×the volume

JIRE412KTOUS144K

3Y return · a year

TOUS +1.6pt

JIRE+18.8%TOUS+20.4%

JIRE vs TOUS Performance

Oct 31, 2025 – Oct 30, 2026

+13.0%JIRE+14.1%TOUS

Expense ratio: JIRE 0.29%, better; TOUS 0.50%
Fund size: JIRE $10.9B; TOUS $1.69B
1Y total return: JIRE +13.0%; TOUS +14.1%, better
Yield (12M): JIRE 2.75%, better; TOUS 1.59%
Holdings: JIRE 213; TOUS 197
Avg volume (30D): JIRE 412K sh, better; TOUS 144K sh
NAV per share: JIRE $81.40; TOUS $37.81
52W range

ETF.net Grade

Pillar letters and Scores for JIRE, TOUS, with each pillar’s weight
Pillar	JIRE	TOUS
Cost30% weight	A94Higher	B66
Mission25% weight	Not scored	Not scored
Risk15% weight	B58	B64Higher
Tradability15% weight	A73Higher	B69
Holdings10% weight	A71	A79Higher
Durability5% weight	A93Higher	A77

Rank among International Active Equity funds

How we build Categories ›

Same Category. JIRE and TOUS 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 TOUS 9th 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 8AGIEQGoldman Sachs Data Enhanced International Equity ETFScore 70
Rank 9BTOUST. Rowe Price International Equity ETFScore 68
Rank 10BCOROiShares International Country Rotation Active ETFScore 67

Our read on each fund

ETF.net Research

JIREAJPMorgan International Research Enhanced Equity ETF

TOUSBT. Rowe Price 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.

TOUS T. Rowe Price's stock-picking bench in ETF wrapper: an actively run international portfolio of roughly 190 names, launched in 2023 and priced below the typical active international fund.

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.

TOUS The fund seeks long-term capital growth through an international equity strategy.

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.

TOUS Charges 0.50% a year, under the median for actively managed international equity ETFs. Active research without the old-school active price tag.
Roughly 190 stocks: wide enough to spread country and sector risk, concentrated enough that the managers' picks actually show up in results.
Grew into a multi-billion-dollar fund within a couple of years of its 2023 launch, and trading costs rank among the friendlier ones in its peer group.
Sits in the upper tier of its active international equity peer group on our review of nearly 60 funds.

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

TOUS Systematic rivals go cheaper: DFIC, AVDE and JIRE all run international exposure near a quarter of a percent. Human stock picking is the premium here.
Live since 2023, so the track record in the ETF is short next to T. Rowe's longer-running strategies.
Pays out once or twice a year rather than monthly, so income lands in lumps.

Full JIRE profile⁠

Full TOUS profile⁠

JIRE vs TOUS Holdings

How JIRE and TOUS differ

Overlap by weight

40.2%

Shared holdings make up 51.7% of JIRE and 51.6% of TOUS.

Level by level

Holdings72 in both40.2%
Countryby domicile82.8%
Sector11 Sectors93.1%
Asset classEquity100%

Sector

Sector weights in JIRE and TOUS, widest gap first
Sector	More in JIREMore in TOUS	JIRE	TOUS
Financials	JIRE +3.9 points	27.2%	23.3%
Energy	TOUS +2.2 points	3.6%	5.8%
Health Care	TOUS +1.5 points	9.6%	11.1%
Materials	TOUS +1.4 points	5.0%	6.4%
Consumer Discretionary	JIRE +1.1 points	7.6%	6.5%
Industrials	JIRE +1.0 points	17.7%	16.7%
Utilities	JIRE +0.9 points	4.0%	3.1%
Consumer Staples	TOUS +0.6 points	6.2%	6.8%
Communication	TOUS +0.5 points	5.0%	5.5%
Real Estate	TOUS +0.5 points	0.7%	1.2%
Technology	TOUS +0.2 points	13.4%	13.6%

Country, concentration and asset class

Country by domicile

Country weights in JIRE and TOUS, widest gap first
Country	More in JIREMore in TOUS	JIRE	TOUS
Australia	JIRE +3.9 points	6.9%	3.0%
Germany	JIRE +3.1 points	10.7%	7.6%
Canada	TOUS +2.9 points	0.0%	2.9%
Switzerland	JIRE +2.5 points	7.8%	5.3%
Netherlands	TOUS +2.1 points	6.2%	8.3%
Denmark	JIRE +1.9 points	2.1%	0.3%
Italy	TOUS +1.9 points	2.1%	4.0%
Japan	JIRE +1.7 points	25.0%	23.3%
Other countries (18)	TOUS +6.1 points	39.2%	45.3%

Outside the US: JIRE 100% developed, 0% emerging. TOUS 96% developed, 4% emerging.

Concentration

Weight in the 10 largest Holdings

JIRE16.8%
TOUS17.7%

Securities held

JIRE208
TOUS187

Asset class

JIRE: Equity
TOUS: Equity

Holdings

Only in JIRE136
In both72
Only in TOUS115

Only in JIRE

136 securities, 48.3% of JIRE by weight

Allianz SE Common Stock1.55%
Banco Santander SA Common1.21%
Totalenergies SE Common1.19%
Air Liquide SA Common1.14%
Muenchener1.05%
Atlas Copco Ab Common0.96%
Tokio Marine Holdings0.86%
Lonza Group AG Common0.84%
Dbs Group Holdings Ltd0.84%
Engie SA Common Stock0.79%
Natwest Group PLC Common0.76%
Rio Tinto Ltd Common0.75%
Commonwealth Bank of0.74%
Legrand SA Common Stock0.74%
Itochu Corp Common Stock0.73%
London Stock Exchange0.71%
Volvo Ab Common Stock Sek0.68%
Ferrari NV Common Stock0.67%
Mitsui & Co Ltd Common0.65%
Danske Bank A/S Common0.64%
Rwe AG Common Stock Eur0.62%
Hoya Corp Common Stock0.59%
Novo Nordisk A/S Common0.58%
Novonesis Novozymes B0.57%
Hong Kong Exchanges &0.56%
Orange SA Common Stock0.55%
Bnp Paribas SA Common0.54%
T&D Holdings Inc Common0.54%
Sage Group Plc/The0.53%
Japan Post Bank Co Ltd0.52%
Kingspan Group PLC0.51%
Asr Nederland NV Common0.51%
Koninklijke Kpn NV Common0.50%
Mtu Aero Engines AG0.50%
Capgemini SE Common0.49%
National Australia Bank0.46%
Tesco PLC Common Stock0.44%
Kioxia Holdings Corp0.42%
Airbus SE Common Stock0.41%
Intercontinental Hotels0.41%
Eni Spa0.41%
Bayer AG Common Stock Eur0.41%
Asics Corp Common Stock0.40%
Kao Corp Common Stock0.40%
Sumitomo Electric0.40%
Reckitt Benckiser Group0.39%
Telstra Group Ltd Common0.38%
Kbc Group NV Common Stock0.38%
Finecobank Banca Fineco0.38%
Carlsberg As Common Stock0.37%

Only in TOUS

115 securities, 47.8% of TOUS by weight

Totalenergies SE Common Stock EUR2.51.52%
Airbus SE Common Stock EUR1.01.43%
Glencore PLC Common Stock USD.011.14%
Allianz SE Reg Common Stock1.06%
Renesas Electronics Corp Common Stock1.06%
Banco Bilbao Vizcaya Argenta Common Stock EUR.490.95%
Imperial Brands PLC Common Stock GBP.10.83%
Samsung Electronics Co Ltd Common Stock KRW100.00.80%
Sonova Holding AG Reg Common Stock CHF.050.75%
Sumitomo Corp Common Stock0.71%
Bawag Group AG Common Stock0.70%
Galp Energia Sgps SA Common Stock EUR1.00.70%
Dassault Aviation SA Common Stock EUR.80.63%
Essity Aktiebolag B Common Stock SEK3.350.61%
Taiwan Semiconductor Manufac Common Stock TWD10.00.60%
Asahi Group Holdings Ltd Common Stock0.59%
Mitsubishi Estate Co Ltd Common Stock0.59%
Isetan Mitsukoshi Holdings L Common Stock0.58%
Hannover Rueck SE Common Stock0.58%
Seven & I Holdings Co Ltd Common Stock0.58%
Ms+ad Insurance Group Holdin Common Stock0.57%
Leonardo Spa Common Stock0.56%
Cenovus Energy Inc Common Stock0.56%
Ryanair Holdings PLC Common Stock EUR.0060.56%
Bnp Paribas Common Stock EUR2.00.55%
Omv AG Common Stock0.55%
United Overseas Bank Ltd Common Stock0.55%
Dbs Group Holdings Ltd Common Stock0.53%
Nippon Sanso Holdings Corp Common Stock0.52%
Suncorp Group Ltd Common Stock0.52%
Banco Santander SA Common Stock EUR.50.51%
Sampo Oyj A Shs Common Stock0.48%
Canadian Natl Railway Co Common Stock0.47%
Ferrari NV Common Stock EUR.010.47%
Anz Group Holdings Ltd Common Stock0.47%
Intercontinental Hotels Grou Common Stock GBP.20852130.46%
Generali Common Stock0.45%
Bunzl PLC Common Stock GBP.32142860.45%
Siemens Healthineers AG Common Stock0.44%
Ericsson Lm B Shs Common Stock SEK5.00.44%
Shopify Inc Class A Common Stock0.44%
Otp Bank PLC Common Stock HUF100.00.43%
Komatsu Ltd Common Stock0.42%
Argenx SE Adr Adr0.42%
Banco Comercial Portugues R Common Stock0.42%
Tmx Group Ltd Common Stock0.42%
Unimicron Technology Corp Common Stock TWD10.00.41%
Aercap Holdings NV Common Stock EUR.010.41%
Eurofins Scientific Common Stock EUR.10.41%
Suncor Energy Inc Common Stock0.40%

Weight gaps

All 72 Holdings in both funds, largest gap first.

Holding weights in JIRE and TOUS, widest gap first
Holding	More in JIREMore in TOUS	JIRE	TOUS
Rolls-Royce Holdings PLCRR.L	TOUS +1.17 points	0.44%	1.61%
Unilever PLC CommonULVR.L	TOUS +1.08 points	0.59%	1.67%
Nestle SA Common Stock	JIRE +1.02 points	1.43%	0.41%
Iberdrola SA Common Stock	JIRE +0.96 points	1.19%	0.23%
Enel Spa Common Stock Eur	TOUS +0.95 points	0.06%	1.01%
Ing Groep NV Common Stock	TOUS +0.85 points	0.19%	1.04%
Mitsubishi Ufj Financial	TOUS +0.69 points	0.70%	1.39%
Sumitomo Mitsui	JIRE +0.65 points	1.14%	0.49%
Shell PLCSHEL.L	JIRE +0.64 points	1.53%	0.89%
Axa SA Common Stock Eur	TOUS +0.59 points	0.35%	0.94%
Relx PLC Common Stock GbpREL.L	JIRE +0.57 points	0.86%	0.29%
Tokyo Electron Ltd	JIRE +0.56 points	0.89%	0.33%
Safran SA Common Stock	JIRE +0.54 points	1.06%	0.52%
Siemens Energy AG Common	TOUS +0.51 points	0.35%	0.86%
Keyence Corp Common	JIRE +0.50 points	0.76%	0.26%
Standard Chartered PLCSTAN.L	TOUS +0.49 points	0.34%	0.83%
Advantest Corp Common	JIRE +0.45 points	0.97%	0.52%
Sanrio Co Ltd Common	TOUS +0.45 points	0.07%	0.52%
Cie Financiere Richemont	JIRE +0.43 points	0.80%	0.37%
Novartis AG Common Stock	JIRE +0.42 points	1.31%	0.89%
Sony Group Corp Common	TOUS +0.41 points	1.02%	1.43%
Lloyds Banking Group PLCLLOY.L	TOUS +0.41 points	0.13%	0.54%
Orix Corp Common Stock	TOUS +0.40 points	0.19%	0.59%
Barclays PLC Common StockBARC.L	TOUS +0.36 points	0.95%	1.31%
Toyota Motor Corp Common	JIRE +0.36 points	1.19%	0.83%
Shin-Etsu Chemical Co	JIRE +0.35 points	0.59%	0.24%
Hsbc Holdings PLC CommonHSBA.L	JIRE +0.33 points	1.29%	0.96%
Prudential PLC CommonPRU.L	TOUS +0.31 points	0.09%	0.40%
Asml Holding NV Common	TOUS +0.30 points	3.41%	3.71%
National Grid PLC CommonNG.L	JIRE +0.30 points	0.79%	0.49%
Fast Retailing Co Ltd	JIRE +0.29 points	0.56%	0.27%
Sse PLC Common Stock GbpSSE.L	JIRE +0.29 points	0.63%	0.34%
Siemens AG Common Stock	JIRE +0.26 points	1.59%	1.33%
Prosus NV Common Stock	TOUS +0.26 points	0.20%	0.46%
Sanofi SA Common Stock	JIRE +0.24 points	0.81%	0.57%
Recruit Holdings Co Ltd	TOUS +0.24 points	1.18%	1.42%
Kddi Corp Common Stock	TOUS +0.22 points	0.43%	0.65%
Compass Group PLC CommonCPG.L	JIRE +0.22 points	0.43%	0.21%
Infineon Technologies AG	JIRE +0.21 points	0.68%	0.47%
Mitsubishi Electric Corp	TOUS +0.20 points	0.34%	0.55%
Unicredit Spa Common	TOUS +0.20 points	1.03%	1.23%
Heineken NV Common Stock	JIRE +0.20 points	0.41%	0.21%
Adyen NV Common Stock Eur	TOUS +0.20 points	0.12%	0.32%
Sap SE Common Stock Eur	JIRE +0.20 points	1.10%	0.90%
Dhl AG Common Stock Eur	JIRE +0.16 points	0.59%	0.43%
Takeda Pharmaceutical Co	TOUS +0.16 points	0.72%	0.88%
British American TobaccoBATS.L	JIRE +0.15 points	0.79%	0.64%
Bhp Group Ltd Common	JIRE +0.14 points	1.13%	0.99%
Softbank Group Corp	JIRE +0.15 points	0.43%	0.28%
Bae Systems PLCBA.L	JIRE +0.13 points	0.51%	0.38%
Schneider Electric SE	TOUS +0.14 points	0.59%	0.73%
Fujitsu Ltd Common Stock	JIRE +0.13 points	0.47%	0.34%
Murata Manufacturing Co	JIRE +0.12 points	0.36%	0.24%
Coles Group Ltd Common	TOUS +0.12 points	0.14%	0.26%
Spotify Technology SASPOT	TOUS +0.11 points	0.44%	0.55%
Lvmh Moet Hennessy Louis	JIRE +0.11 points	0.50%	0.39%
Kubota Corp Common Stock	TOUS +0.10 points	0.23%	0.33%
Ajinomoto Co Inc Common	JIRE +0.09 points	0.48%	0.39%
3I Group PLC Common StockIII.L	JIRE +0.09 points	0.28%	0.19%
Societe Generale SA	JIRE +0.09 points	0.73%	0.64%
Astrazeneca PLC CommonAZN.L	TOUS +0.08 points	1.94%	2.02%
Gsk PLC Common Stock GbpGSK.L	TOUS +0.08 points	0.38%	0.46%
Sea Ltd-AdrSE	TOUS +0.08 points	0.25%	0.33%
Resona Holdings Inc	TOUS +0.07 points	0.40%	0.47%
Bp PLC Common Stock GbpBP.L	TOUS +0.07 points	0.58%	0.65%
Aia Group Ltd Common	JIRE +0.05 points	0.67%	0.62%
Vinci SA Common Stock Eur	TOUS +0.03 points	0.52%	0.55%
Ucb SA Common Stock Eur 0	TOUS +0.02 points	0.18%	0.20%
Hitachi Ltd Common Stock	JIRE +0.01 points	1.04%	1.03%
Roche Holding AG Common	JIRE +0.01 points	1.54%	1.53%
Ubs Group AG Common Stock	Same weight	0.92%	0.92%
Deutsche Telekom AG	Same weight	0.71%	0.71%

All 212 JIRE holdings⁠All 188 TOUS 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 TOUS Cost

Overpaying TOUS vs JIRE

$4,027

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

JIRE 0.29%
$5,952
TOUS 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

JIRE 0.29%
TOUS 0.50%
Overpaying

Year by year

Year	JIRE	TOUS	Overpaying
10	$527	$900	$373
20	$2,044	$3,460	$1,416
30	$5,952	$9,979	$4,027

Expense ratio

0.29%JIRE, cheaper
0.50%TOUS

JIRE0.29%TOUS0.50%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

JIRE 5th cheapest of 55 funds

TOUS 18th cheapest of 55 funds

JIRE vs TOUS Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JIRE 2.75%, better; TOUS 1.59%
Payout (12M): JIRE $2.24; TOUS $0.60
Last payment: JIRE $2.24; TOUS $0.60
Ex-dividend: JIRE Dec 16, 2025; TOUS Dec 23, 2025
Paid on: JIRE Dec 18, 2025; TOUS Dec 26, 2025
Frequency: JIRE Annual; TOUS Annual

Distribution history

Per share, 2022 to 2026, same scale for both

JIREAnnual · 4 paymentsAll JIRE payments⁠

TOUSAnnual · 3 paymentsAll TOUS payments⁠

JIRE vs TOUS 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%, betterTOUS 12.2%
Return per unit of riskSharpe ratio, 3 years: JIRE 1.15TOUS 1.23, better
Worst fallMax drawdown, 5 years: JIRE −16.1%since Jun 2022TOUS −14.3%since Jun 2023
Market sensitivityBeta, 5 years: JIRE 0.81TOUS 0.89; Market = 1

JIRE and TOUS 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 TOUS

In short

Stated mandate

Why people hold it