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JIRE vs TXUG

JPMorgan International Research Enhanced Equity ETF

JIREANYSE Arca

Thornburg International Growth Fund ETF

TXUGDNasdaq

Overlap

0.3%by weight

Expense ratio

JIRE −0.41pt a year

JIRE0.29%TXUG0.70%

Avg volume · 30D

JIRE 780.6×the volume

JIRE412KTXUG528

JIRE vs TXUG Performance

Oct 31, 2025 – Nov 2, 2026

+13.3%JIRE+2.8%TXUG

Oct 31, 2025 to Nov 2, 2026. JIRE +13.3%. TXUG +2.8%. Use the arrow keys to read each point.−10%−5%10%20%Oct 2025May 2026Nov 2026
Expense ratio
JIRE 0.29%, better
TXUG 0.70%
Fund size
JIRE $10.9B
TXUG $4M
1Y total return
JIRE +13.3%, better
TXUG +2.8%
Yield (12M)
JIRE 2.74%
TXUG No data
Holdings
JIRE 213
TXUG 42
Avg volume (30D)
JIRE 412K sh, better
TXUG 528 sh
NAV per share
JIRE $81.40
TXUG $26.08
52W range

ETF.net Grade

JIRE: Cost 94, Risk 59, Mission not scored, Tradability 71, Holdings 71, Durability 93. TXUG: Cost 30, Risk 30, Mission 66, Tradability 26, Holdings 24, Durability 36.
Pillar letters and Scores for JIRE, TXUG, with each pillar’s weight
PillarJIRETXUG
Cost30% weightA94HigherD30
Mission25% weightNot scoredB66
Risk15% weightB59HigherD30
Tradability15% weightA71HigherD26
Holdings10% weightA71HigherF24
Durability5% weightA93HigherD36

Rank among International Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. JIRE and TXUG 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 TXUG 49th of 55 funds in the International Active Equity Category.

  1. Rank 1AAVDEAvantis International Equity ETFScore 87
  2. Rank 1ADFICDimensional International Core Equity 2 ETFScore 87
  3. Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 79
  4. Rank 4AAVDSAvantis International Small Cap Equity ETFScore 78
  5. Rank 49DEPINHarbor International Equity ETF (EPIN)Score 28
  6. Rank 49DTXUGThornburg International Growth Fund ETFScore 28
  7. Rank 51DBCILBancreek International Large Cap ETFScore 27

Our read on each fund

ETF.net Research

JIREAJPMorgan International Research Enhanced Equity ETF

TXUGDThornburg International Growth Fund 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.

TXUG Thornburg's answer to index-hugging international funds: an active, quality-growth portfolio of developed-market companies outside the US, launched in 2025 and priced at 0.70% for the human stock picking.

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.

TXUG The fund expects to invest primarily in equity securities or depositary receipts of issuers from developed markets 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.
  • TXUG Genuinely active, not an index tracker. Thornburg hunts developed-market companies it judges to have durable competitive advantages and long-term growth potential.thornburg.com
  • Stays on its stated mandate: equities and depositary receipts of issuers in developed markets outside the US, closely matching what the prospectus describes.
  • The mandate reaches past mega caps into small and mid caps, so the portfolio can look meaningfully different from a cap-weighted international index fund.thornburg.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
  • TXUG The 0.70% fee sits above the typical active international fund, and systematic rivals like AVDE (0.23%) and DFIC (0.22%) charge roughly a third as much.
  • A small, lightly traded fund, so bid-ask spreads can run wider than in the category's heavyweights.
  • Launched in 2025, so the track record is short. Growth-priced foreign stocks also bring currency swings and sharper reactions to earnings surprises.thornburg.com

Full JIRE profile⁠

Full TXUG profile⁠

JIRE vs TXUG Holdings

How JIRE and TXUG differ

Overlap by weight

0.3%

Shared holdings make up 1.7% of TXUG and 0.3% of JIRE.

Level by level

  • Holdings1 in both0.3%
  • Countryby domicile57.2%
  • Asset classEquity100%

Sector

No Sector split for TXUG.

Country, concentration and asset class

Country by domicile

Country weights in JIRE and TXUG, widest gap first
CountryMore in JIREMore in TXUG
United StatesTXUG +17.1 points
JapanJIRE +11.1 points
NetherlandsTXUG +7.5 points
AustraliaJIRE +6.9 points
TaiwanTXUG +6.2 points
United KingdomJIRE +4.4 points
CanadaTXUG +4.3 points
SwitzerlandJIRE +4.3 points
Other countries (14)JIRE +8.4 points

Outside the US: JIRE 100% developed, 0% emerging. TXUG 85% developed, 15% emerging.

Concentration

Weight in the 10 largest Holdings

  • JIRE16.8%
  • TXUG43.1%

Securities held

  • JIRE208
  • TXUG40

Asset class

JIRE
Equity
TXUG
Equity

Holdings

  • Only in JIRE207
  • In both1
  • Only in TXUG39

Only in JIRE

207 securities, 99.7% of JIRE by weight

  • Asml Holding NV Common3.32%
  • Astrazeneca PLC Common1.94%
  • Siemens AG Common Stock1.62%

Only in TXUG

39 securities, 95.3% of TXUG by weight

  • ASML Holding N.V.7.86%
  • Taiwan Semiconductor Manufacturing Co. Ltd.5.84%
  • Hoya Corp.4.99%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in JIRE and TXUG, widest gap first
HoldingMore in JIREMore in TXUG
Sea Ltd-AdrSETXUG +1.48 points

All 212 JIRE holdings⁠All TXUG 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 TXUG Cost

Overpaying TXUG vs JIRE

$7,654

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

  • JIRE 0.29%

    $5,952

  • TXUG 0.70%

    $13,606

$10,000
30 years

Cost over time

  • JIRE 0.29%
  • TXUG 0.70%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530TXUG $13,606JIRE $5,952

Year by year

YearJIRETXUGOverpaying
10$527$1,250$723
20$2,044$4,760$2,716
30$5,952$13,606$7,654

Expense ratio

  • 0.29%JIRE, cheaper
  • 0.70%TXUG
  • Middle half of International Active Equity funds
  • Median 0.55%

JIRE 5th cheapest of 55 funds

TXUG 38th cheapest of 55 funds

JIRE vs TXUG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
JIRE 2.74%
TXUG No data
Payout (12M)
JIRE $2.24
TXUG No data
Last payment
JIRE $2.24
TXUG $0.12
Ex-dividend
JIRE Dec 16, 2025
TXUG Dec 18, 2025
Paid on
JIRE Dec 18, 2025
TXUG Dec 19, 2025
Frequency
JIRE Annual
TXUG Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

JIREAnnual · 4 paymentsAll JIRE payments⁠
One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 20, 2022 $1.31; Dec 19, 2023 $1.60; Dec 24, 2024 $1.77; Dec 16, 2025 $2.24. Use the arrow keys to read each point.$0$2.5020232026YTD
TXUGIrregular · 1 paymentAll TXUG payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 18, 2025 $0.12. Use the arrow keys to read each point.$0$2.5020232026YTD

JIRE vs TXUG 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%TXUG 14.3%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
JIRE 1.15TXUG −0.06since Feb 2025
Worst fallMax drawdown, 5 years
JIRE −16.1%since Jun 2022TXUG −18.6%since Jan 2025
Market sensitivityBeta, 5 years
JIRE 0.81TXUG 0.82

JIRE and TXUG in the news

All news⁠

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