JMEE vs MMID: Grades, Fees and Holdings Compared

JPMorgan Small & Mid Cap Enhanced Equity ETF

JMEEANYSE Arca

MFS Active Mid Cap ETF

MMIDCNYSE

Overlap

4.1%by weight

Expense ratio

JMEE −0.24pt a year

JMEE0.35%MMID0.59%

Avg volume · 30D

JMEE 90.4×the volume

JMEE121KMMID1.33K

JMEE vs MMID Performance

Oct 31, 2025 – Oct 30, 2026

+19.6%JMEE+12.5%MMID

Expense ratio: JMEE 0.35%, better; MMID 0.59%
Fund size: JMEE $2.94B; MMID $37M
1Y total return: JMEE +19.6%, better; MMID +12.5%
Yield (12M): JMEE 0.97%; MMID No data
Holdings: JMEE 676; MMID 104
Avg volume (30D): JMEE 121K sh, better; MMID 1.33K sh
NAV per share: JMEE $74.78; MMID $27.48
52W range

ETF.net Grade

Pillar letters and Scores for JMEE, MMID, with each pillar’s weight
Pillar	JMEE	MMID
Cost30% weight	A84Higher	C47
Mission25% weight	Not scored	Not scored
Risk15% weight	C50	B61Higher
Tradability15% weight	B56Higher	F13
Holdings10% weight	A88Higher	B64
Durability5% weight	A96Higher	D38

Rank among US Active Small/Mid-Cap funds

How we build Categories ›

Same Category. JMEE and MMID are both graded against the same 47 US Active Small/Mid-Cap funds, so their Grades compare head to head.

US Active Small/Mid-Cap⁠

Category · 47 funds

See all 47 ›

JMEE ranks 4th and MMID 26th of 47 funds in the US Active Small/Mid-Cap Category.

Rank 1AAVMCAvantis U.S. Mid Cap Equity ETFScore 89
Rank 2AFEMVFidelity Enhanced Mid Cap Value ETFScore 79
Rank 3ADFMCU.S. Micro Cap Portfolio ETFScore 76
Rank 4AJMEEJPMorgan Small & Mid Cap Enhanced Equity ETFScore 72
Rank 5AREMCColumbia Research Enhanced Mid Cap ETFScore 70
Rank 26CBSMCBrandes U.S. Small-Mid Cap Value ETFScore 44
Rank 26CMMIDMFS Active Mid Cap ETFScore 44
Rank 26CSMOXHorizon Small/Mid Cap Core Equity ETFScore 44

Our read on each fund

ETF.net Research

JMEEAJPMorgan Small & Mid Cap Enhanced Equity ETF

MMIDCMFS Active Mid Cap ETF

In short

JMEE Enhanced indexing, not index hugging for its own sake: JMEE keeps sector weights close to the S&P 1000, then lets proprietary stock rankings pick the names. Roughly 700 holdings at 0.35%.

MMID No data

Stated mandate

JMEE The fund seeks returns above the S&P 1000 Index by using proprietary stock rankings and fundamental analysis, while maintaining broadly similar sector weights.

MMID No data

Why people hold it

JMEE Index shape, active edges. Sector weights stay broadly in line with the S&P 1000 while proprietary rankings and fundamental analysis pick the stocks, spread over roughly 700 names.jpmorgan.com
0.35% with no waiver holding it there, below the median for active small/mid-cap funds. Cheaper than DFMC at 0.43%; AVMC (0.18%) and FEMV (0.23%) undercut it.
Not a 2020s startup: the strategy dates to 1998 and runs a multi-billion-dollar book, so the research process has been through a few full market cycles.
One of the strongest implementations in the active small/mid-cap group.

MMID No data

Worth knowing

JMEE Active, not a replicator. There is no index to copy, so results ride on JPMorgan's stock rankings rather than a published rulebook.
Benchmark-like sector weights mean it moves with the small and mid-cap market. This is a tilt on that exposure, not a cushion against it.
Distributions land once or twice a year, and it trades moderately rather than heavily, so spreads matter more than in the biggest index funds.

MMID No data

Full JMEE profile⁠

Full MMID profile⁠

JMEE vs MMID Holdings

How JMEE and MMID differ

Overlap by weight

4.1%

Shared holdings make up 17.9% of MMID and 4.1% of JMEE.

Level by level

Holdings20 in both4.1%
Sector11 Sectors90.7%
Countryby domicile95.4%
Asset classEquity100%

Sector

Sector weights in JMEE and MMID, widest gap first
Sector	More in JMEEMore in MMID	JMEE	MMID
Utilities	MMID +3.9 points	2.2%	6.1%
Materials	JMEE +2.6 points	6.5%	3.9%
Consumer Discretionary	JMEE +2.5 points	11.1%	8.6%
Industrials	MMID +2.3 points	17.9%	20.2%
Technology	JMEE +2.3 points	16.0%	13.7%
Health Care	MMID +2.0 points	10.3%	12.3%
Energy	MMID +1.2 points	6.3%	7.5%
Communication	JMEE +0.8 points	2.1%	1.3%
Real Estate	JMEE +0.4 points	7.6%	7.2%
Consumer Staples	JMEE +0.4 points	4.1%	3.7%
Financials	JMEE +0.2 points	15.8%	15.6%

Country, concentration and asset class

Country by domicile

Country weights in JMEE and MMID, widest gap first
Country	More in JMEEMore in MMID	JMEE	MMID
United States	JMEE +4.3 points	98.9%	94.6%
Canada	MMID +2.5 points	0.0%	2.5%
United Kingdom	MMID +1.6 points	0.8%	2.4%
France	MMID +0.5 points	0.0%	0.5%
Other countries (5)	JMEE +0.4 points	0.4%	0.0%

Concentration

Weight in the 10 largest Holdings

JMEE9.7%
MMID16.9%

Securities held

JMEE674
MMID103

Asset class

JMEE: Equity
MMID: Equity

Holdings

Only in JMEE654
In both20
Only in MMID83

Only in JMEE

654 securities, 95.7% of JMEE by weight

JPMorgan Prime Money4.47%
Okta Inc Common Stock0.86%
United Therapeutics Corp0.77%
Technipfmc PLC Common0.62%
Halozyme Therapeutics0.57%
Reliance Inc Common Stock0.53%
Curtiss-Wright Corp0.47%
Hf Sinclair Corp Common0.46%
Ati Inc Common Stock USD0.45%
Watts Water Technologies0.44%
Pinnacle Financial0.43%
Ovintiv Inc Common Stock0.43%
Clean Harbors Inc Common0.43%
Tenet Healthcare Corp0.42%
Protagonist Therapeutics0.42%
Jones Lang Lasalle Inc0.41%
Glaukos Corp Common Stock0.41%
Woodward Inc Common0.40%
Jazz Pharmaceuticals PLC0.40%
Oge Energy Corp Common0.40%
Reinsurance Group of0.39%
Rbc Bearings Inc Common0.39%
Td Synnex Corp Common0.39%
Encompass Health Corp0.38%
Donaldson Co Inc Common0.38%
Medpace Holdings Inc0.38%
Evercore Inc Common Stock0.38%
Xpo Inc Common Stock USD0.38%
Macom Technology0.37%
Viasat Inc Common Stock0.36%
Nutanix Inc Common Stock0.36%
Crown Holdings Inc Common0.35%
Arrow Electronics Inc0.35%
Toll Brothers Inc Common0.35%
Sharkninja Inc Common0.34%
Performance Food Group Co0.34%
Alarm.com Holdings Inc0.34%
Itt Inc Common Stock USD0.33%
Cubesmart Reit USD 0.010.33%
Digitalocean Holdings0.33%
Iridium Communications0.33%
Owens Corning Common0.33%
East West Bancorp Inc0.33%
Dt Midstream Inc Common0.32%
Antero Resources Corp0.32%
Docusign Inc Common0.32%
Five Below Inc Common0.32%
Dynatrace Inc0.32%
Mastec Inc Common Stock0.31%
Wesco International Inc0.31%

Only in MMID

83 securities, 81.5% of MMID by weight

Global Payments Inc2.11%
Cheniere Energy Inc1.95%
Waters Corp1.85%
Diamondback Energy Inc1.72%
Becton Dickinson and Co1.71%
Agilent Technologies Inc1.70%
Ww Grainger Inc1.50%
Wabtec Corp1.43%
Steris PLC1.40%
Assurant Inc1.30%
Eqt Corp1.28%
Gfl Environmental Inc Sub Vt1.27%
Intl Flavors & Fragrances1.27%
Allegion PLC1.27%
Alliant Energy Corp1.27%
Hyatt Hotels Corp Class A1.23%
Pentair PLC1.23%
Microchiptechnology Inc1.23%
M & T Bankcorp1.22%
Cognizanttech Solutions A1.21%
Ball Corp1.20%
Ameren Corporation1.18%
Hubbell Inc1.18%
Msci Inc1.15%
Avery Dennison Corp1.14%
Snowflakeinc1.14%
Siteone Landscape Supply Inc1.13%
Jacobs Solutions Inc1.12%
Nordson Corp1.12%
Ppl Corp1.12%
Atmos Energy Corp1.08%
Willis Towers Watson PLC1.08%
Raymond James Financial Inc1.04%
Pool Corp1.02%
Hewlett Packard Enterprise1.02%
Viking Holdings Ltd1.01%
Minimed Group Inc0.99%
Descartessystems Grp/The0.96%
Dexcom Inc0.96%
Vulcan Materials Co0.93%
Valero Energy Corp0.93%
Equifax Inc0.92%
American Water Works Co Inc0.90%
Regency Centers Corp0.88%
Hartford Insurance Group Inc0.88%
Rexford Industrial Realty In0.85%
Columbia Sportswear Co0.83%
Brown Forman Corp Class B0.83%
Icon PLC0.83%
James Hardie Ind PLC0.83%

Weight gaps

All 20 Holdings in both funds, largest gap first.

Holding weights in JMEE and MMID, widest gap first
Holding	More in JMEEMore in MMID	JMEE	MMID
Selective Insurance GroupSIGI	MMID +1.11 points	0.06%	1.17%
Permian ResourcesPR	MMID +1.04 points	0.44%	1.48%
Prosperity Bancshares IncPB	MMID +0.93 points	0.08%	1.01%
Entegris IncENTG	MMID +0.88 points	0.30%	1.18%
Equity LifestyleELS	MMID +0.86 points	0.21%	1.07%
Morningstar Inc CommonMORN	MMID +0.86 points	0.05%	0.91%
Element Solutions IncESI	MMID +0.80 points	0.15%	0.95%
Houlihan Lokey Inc CommonHLI	MMID +0.80 points	0.13%	0.93%
Littelfuse Inc CommonLFUS	MMID +0.79 points	0.17%	0.96%
Transunion Common StockTRU	MMID +0.78 points	0.15%	0.93%
Saia Inc Common Stock USDSAIA	MMID +0.78 points	0.15%	0.93%
Us Foods Holding CorpUSFD	MMID +0.68 points	0.39%	1.07%
Burlington Stores IncBURL	MMID +0.65 points	0.30%	0.95%
Aramark Common Stock USDARMK	MMID +0.65 points	0.28%	0.93%
Nnn Reit Inc USDNNN	MMID +0.50 points	0.23%	0.73%
Slm Corp Common StockSLM	MMID +0.46 points	0.06%	0.52%
Pegasystems Inc CommonPEGA	MMID +0.45 points	0.05%	0.50%
Lkq Corp Common Stock USDLKQ	MMID +0.43 points	0.08%	0.51%
Nvent Electric PLCNVT	MMID +0.24 points	0.55%	0.79%
Guidewire Software IncGWRE	MMID +0.13 points	0.29%	0.42%

All 674 JMEE holdings⁠All MMID 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.

JMEE vs MMID Cost

Overpaying MMID vs JMEE

$4,509

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

JMEE 0.35%
$7,126
MMID 0.59%
$11,635

Amount$10,000

Years30 years

Cost over time

JMEE 0.35%
MMID 0.59%
Overpaying

Year by year

Year	JMEE	MMID	Overpaying
10	$634	$1,058	$424
20	$2,454	$4,051	$1,597
30	$7,126	$11,635	$4,509

Expense ratio

0.35%JMEE, cheaper
0.59%MMID

JMEE0.35%MMID0.59%

0.18%1.10%

Middle half of US Active Small/Mid-Cap funds
Median 0.55%

JMEE 7th cheapest of 47 funds

MMID 25th cheapest of 47 funds

JMEE vs MMID Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JMEE 0.97%; MMID No data
Payout (12M): JMEE $0.72; MMID No data
Last payment: JMEE $0.72; MMID $0.07
Ex-dividend: JMEE Dec 16, 2025; MMID Sep 24, 2026
Paid on: JMEE Dec 18, 2025; MMID Sep 25, 2026
Frequency: JMEE Annual; MMID Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

JMEEAnnual · 4 paymentsAll JMEE payments⁠

MMIDQuarterly · 4 paymentsAll MMID payments⁠

JMEE vs MMID Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: JMEE 15.8%MMID 11.4%since Oct 2025
Return per unit of riskSharpe ratio, 3 years: JMEE 0.90MMID 0.54since Oct 2025
Worst fallMax drawdown, 5 years: JMEE −25.4%since May 2022MMID −7.9%since Sep 2025
Market sensitivityBeta, 5 years: JMEE 1.10MMID 0.37; Market = 1

JMEE and MMID in the news

All news⁠

Category Review
Active small- and mid-cap funds trail the S&P 500 after a hard third quarter
Updated Oct 14, 2026JMEE
ETF Filings
Vanguard files for a U.S. small-mid cap active ETF after last year’s three reached $161 million
Sep 21, 2026JMEE
New ETFs
PGIM lists two more Jennison core ETFs after a May launch that still holds $7 million
Sep 8, 2026JMEE

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JMEE vs MMID

In short

Stated mandate

Why people hold it