JMOM vs SAMM

JMOMAJPMorgan U.S. Momentum Factor ETF

SAMMCStrategas Macro Momentum ETF

In short

JMOM Momentum without the markup. JMOM screens US stocks for strong risk-adjusted momentum rather than raw price runs, and charges 0.12%, a fraction of what the typical fund in its category asks.

SAMM Strategas made its name selling macro research to institutions. SAMM is that call in a ticker: 20 to 50 momentum leaders, with room to shift into Treasuries or gold when the tape turns. 0.65%, net of a waiver through April 30, 2027.

Stated mandate

JMOM The fund seeks domestic equity exposure focused on companies with strong risk-adjusted momentum and potential return enhancement.

SAMM The fund applies a macro momentum strategy. Its macro analysis considers economy-wide, policy, socioeconomic, and global developments, while momentum examines intermediate-term absolute and relative price trends.

Why people hold it

• JMOM At 0.12%, the lowest fee among its momentum peers: it undercuts VFMO and SPMO (0.13%) and MTUM (0.15%), and sits far below the roughly 0.69% category median.
• The screen targets risk-adjusted momentum, not just the biggest price runs, so how bumpy a stock's climb was factors into whether it makes the cut.jpmorgan.com
• Holds roughly 300 US names, a wider net than momentum sleeves that concentrate in a few dozen winners, and it pays out quarterly.
• Live since 2017 and now a multi-billion-dollar fund, it rates as one of the stronger implementations in the systematic US momentum group.

• SAMM Most momentum funds stay fully in stocks. SAMM's documents let it hold Treasury ETFs, gold ETPs or cash when its read turns defensive, a lever index rivals JMOM and VFMO lack.businesswire.com
• A concentrated book: 20 to 50 US-listed names, drawn up and down the cap scale for technical and relative strength, rather than a slice of a broad momentum index.businesswire.com
• The adviser is the asset management arm of Strategas Securities, an institutional macro research house, so the portfolio is that firm's house view expressed in stocks.businesswire.com
• At 0.65% net of a waiver through April 30, 2027, the fee sits near the median for systematic US momentum funds, despite the discretionary machinery behind it.

Worth knowing

• JMOM Momentum by construction leans into what has already been working, which means the portfolio can be caught on the wrong side when market leadership flips.
• The benchmark is J.P. Morgan's own US Momentum Factor Index, so methodology and rebalance rules sit with the issuer rather than an outside index provider.jpmorgan.com
• Only moderately traded next to the category's headline tickers, so spreads are worth a look before placing size.

• SAMM Index momentum runs far cheaper: JMOM 0.12%, VFMO 0.13%, SEIM 0.15%, no waivers involved. SAMM's 0.65% net rests on a waiver through April 30, 2027; gross is 1.07%.
• Discretion cuts both ways: when the managers rotate into Treasuries or gold, the fund can behave quite differently from a straight US stock portfolio.businesswire.com
• A small, lightly traded fund next to the category's index giants, which can mean wider spreads at the screen and more care needed on size.

Full JMOM profile⁠

Full SAMM profile⁠