JIVE vs WCMI

JIVEAJPMorgan International Value ETF

WCMIDFirst Trust WCM International Equity ETF

In short

JIVE JPMorgan's take on international value: an active, style-pure cheapness screen run across roughly 400 names in both non-US developed and emerging markets. Index-like breadth, human hands on the wheel.

WCMI A boutique stock picker's concentrated international book in ETF form. WCM hunts companies whose competitive moats are widening and whose internal culture backs it up, holding roughly 40 non-US names rather than tracking an index.

Stated mandate

JIVE The fund seeks long-term capital appreciation through investments in foreign equity securities.

WCMI The Fund seeks long-term capital appreciation through an actively managed portfolio focused primarily on equity securities of companies outside the United States.

Why people hold it

• JIVE Style-pure value screen, not a blend compromise. Holdings are chosen for cheapness, and the book spreads across about 400 names instead of a concentrated handful.jpmorgan.com
• One passport, both worlds: the mandate covers non-US developed and emerging markets, measured against the MSCI ACWI ex USA Value index.jpmorgan.com
• A 0.55% fee puts it on the cheaper side of the actively managed international value shelf, where paying up for stock picking is the norm.
• Portfolio matches the label. Exposure lines up with the stated value mandate, and it stands among the stronger implementations in its active international value group.

• WCMI Genuinely active, not an index in disguise: about 40 non-US names chosen bottom-up by WCM, a process built around moat trajectory and corporate culture.wcminvest.com
• The prospectus commits at least 80% of net assets to equity of companies outside the US, with latitude to roam into emerging and frontier markets.sec.gov
• The strategy reached the exchange through a 2024 mutual fund reorganization, so the record behind the ticker starts with the predecessor fund, not the listing.businesswire.comsec.gov
• A multi-billion-dollar fund that changes hands actively on-exchange, which tends to keep the cost of getting in and out modest for an active strategy.

Worth knowing

• JIVE Systematic rivals like AVIV and AVDV charge less for international value. The extra cost here buys JPMorgan's active selection.
• Emerging market holdings add currency swings and political risk that a developed-markets-only fund sidesteps.
• Launched in 2023, so the live record is short. Distributions arrive annually or semiannually, not monthly.

• WCMI Costs 0.85% a year against a 0.65% median for its international value peers; AVIV runs 0.25% and JIVE 0.55%.
• Roughly 40 holdings means individual stocks and countries carry real weight, and results can diverge widely from a broad international benchmark.sec.gov
• Distributions land once or twice a year at most; the stated objective is long-term capital appreciation, not an income stream.

Full JIVE profile⁠

Full WCMI profile⁠