JUSA vs LGDS: Grades, Fees and Holdings Compared

JPMorgan U.S. Research Enhanced Large Cap ETF

JUSAANYSE Arca

JPMorgan Fundamental Data Science Large Growth ETF

LGDSBNasdaq

Overlap

58.3%by weight

Expense ratio

JUSA −0.22pt a year

JUSA0.18%LGDS0.40%

Avg volume · 30D

JUSA 2.6×the volume

JUSA111KLGDS43.1K

JUSA vs LGDS Performance

Aug 5, 2026 – Nov 5, 2026

−5.2%JUSA−11.4%LGDS

Expense ratio: JUSA 0.18%, better; LGDS 0.40%
Fund size: JUSA $906M; LGDS $1.04B
1Y total return: JUSA +8.3%; LGDS No data
Yield (12M): JUSA 0.74%; LGDS No data
Holdings: JUSA 265; LGDS 103
Avg volume (30D): JUSA 111K sh, better; LGDS 43.1K sh
NAV per share: JUSA $68.74; LGDS $47.34
52W range

ETF.net Grade

Pillar letters and Scores for JUSA, LGDS, with each pillar’s weight
Pillar	JUSA	LGDS
Cost30% weight	A99Higher	A82
Mission25% weight	A83	Not scored
Risk15% weight	A92Higher	C50
Tradability15% weight	B60Higher	C52
Holdings10% weight	A83Higher	C54
Durability5% weight	A76	A93Higher

Rank among US Active Growth funds

How we build Categories ›

Same Category. JUSA and LGDS are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds

See all 90 ›

JUSA ranks 1st and LGDS 12th of 90 funds in the US Active Growth Category.

Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 83
Rank 12BJGROJPMorgan Active Growth ETFScore 66
Rank 12BLGDSJPMorgan Fundamental Data Science Large Growth ETFScore 66
Rank 12BLRGEClearBridge Large Cap Growth Select ETFScore 66

Our read on each fund

ETF.net Research

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

LGDSBJPMorgan Fundamental Data Science Large Growth ETF

In short

JUSA Active stock picking in index clothing: J.P. Morgan analysts tilt roughly 300 large caps while sector weights and risk stay close to the S&P 500, for 0.18% a year with no waiver attached.

LGDS No data

Stated mandate

JUSA The fund seeks capital appreciation through active, fundamental, bottom-up selection of large-cap U.S. equities. It targets companies with strong long-term earnings potential and attractive valuations relative to peers.

LGDS No data

Why people hold it

JUSA 0.18% a year with no waiver propping it up, below its category median. GUSE charges 0.30% and LRGC 0.39% for similar enhanced-index work; FELG ties it at 0.18%.
Active where it counts, plain where it doesn't: bottom-up stock picks across roughly 300 large caps, with sector mix and risk profile kept close to the S&P 500.jpmorgan.com
Stands among the strongest implementations in a 90-fund peer group of active large-cap funds, helped by a low fee and tightly managed risk.

LGDS No data

Worth knowing

JUSA Launched in March 2025, so there is only a short live record on this ticker to judge.
Moderately traded rather than a volume monster, so spreads can run wider than the giant index funds', especially in fast markets.
Tracking the S&P 500's sector weights limits how far results can stray from the benchmark in either direction. This is a nudge on the index, not a different bet.jpmorgan.com

LGDS No data

Full JUSA profile⁠

Full LGDS profile⁠

JUSA vs LGDS Holdings

How JUSA and LGDS differ

Overlap by weight

58.3%

Shared holdings make up 94.0% of LGDS and 67.5% of JUSA.

Level by level

Holdings82 in both58.3%
Sector11 Sectors76.5%
Countryby domicile99.3%
Asset classStocks100%

Sector

Sector weights in JUSA and LGDS, widest gap first
Sector	Gap	JUSA	LGDS
Technology	LGDS +15.9 points	39.3%	55.2%
Communication	LGDS +7.5 points	8.3%	15.8%
Financials	JUSA +6.6 points	11.8%	5.2%
Energy	JUSA +3.3 points	3.9%	0.6%
Consumer Staples	JUSA +3.0 points	4.1%	1.1%
Health Care	JUSA +2.9 points	9.9%	7.0%
Consumer Discretionary	JUSA +2.3 points	9.8%	7.5%
Utilities	JUSA +1.9 points	2.2%	0.3%
Materials	JUSA +1.5 points	1.5%	0.0%
Real Estate	JUSA +1.1 points	1.7%	0.6%
Industrials	JUSA +0.9 points	7.5%	6.6%

Country, concentration and asset class

Country by domicile

Country weights in JUSA and LGDS, widest gap first
Country	More in JUSAMore in LGDS	Gap	JUSA	LGDS
United States		JUSA +0.6 points	99.9%	99.3%
Other countries (4)		LGDS +0.6 points	0.1%	0.7%

Concentration

Weight in the 10 largest Holdings

JUSA38.0%
LGDS57.4%

Securities held

JUSA262
LGDS103

Asset class

JUSA: Stocks
LGDS: Stocks

Holdings

Only in JUSA180
In both82
Only in LGDS21

Only in JUSA

180 securities, 32.4% of JUSA by weight

Berkshire Hathaway Inc1.42%
Exxonmobil Holdings Corp1.27%
JPMorgan Prime Money1.10%
Wells Fargo & Co Common0.80%
Citigroup Inc Common0.70%
UnitedHealth Group Inc0.66%
Pepsico Inc Common Stock0.65%
Us Bancorp Common Stock0.59%
The Southern Company0.54%
Walmart Inc Common Stock0.53%
Bristol-Myers Squibb Co0.52%
Eog Resources Inc Common0.51%
Texas Instruments Inc0.51%
Mondelez International0.48%
AT&T Inc Common Stock USD0.48%
Booking Holdings Inc0.48%
Aon PLC Common Stock USD0.48%
Accenture PLC Common0.46%
Thermo Fisher Scientific0.45%
Equinix Inc Reit USD0.43%
Ecolab Inc Common Stock0.42%
Arthur J Gallagher & Co0.42%
Fifth Third Bancorp0.41%
Keurig Dr Pepper Inc0.41%
Eaton Corp PLC Common0.37%
Medtronic PLC Common0.37%
Autozone Inc Common Stock0.35%
Ross Stores Inc Common0.34%
Progressive Corp/The0.34%
Sempra Common Stock USD 00.34%
Entergy Corp Common Stock0.33%
Edwards Lifesciences0.32%
American Express Co0.31%
General Dynamics Corp0.30%
Fedex Corp Common Stock0.30%
Yum Brands Inc Common0.29%
American Tower Corp Reit0.29%
Cme Group Inc Common0.28%
Union Pacific Corp Common0.27%
Deere & Co Common Stock0.25%
Humana Inc Common Stock0.25%
Arch Capital Group Ltd0.23%
S&P Global Inc Common0.22%
Cisco Systems Inc Common0.21%
Leidos Holdings Inc0.21%
Altria Group Inc Common0.20%
Cognizant Technology0.20%
Mckesson Corp Common0.20%
Devon Energy Corp Common0.20%
Transdigm Group Inc0.20%

Only in LGDS

21 securities, 6.0% of LGDS by weight

Cardinal Health Inc0.59%
Tjx Cos Inc/The Common0.58%
Natera Inc Common Stock0.46%
Taiwan Semiconductor0.45%
Goldman Sachs Group0.42%
Analog Devices Inc0.35%
Bank of New York Mellon0.34%
Bloom Energy Corp Common0.33%
Take-Two Interactive0.33%
Space Exploration0.31%
Rubrik Inc Common Stock0.25%
Asml Holding NV Ny Reg0.24%
Technipfmc PLC Common0.21%
Shopify Inc Common Stock0.19%
Salesforce.com Inc.0.18%
Jazz Pharmaceuticals PLC0.16%
Cloudflare Inc Common0.14%
Zoom Communications Inc0.12%
Credo Technology Group0.12%
Cerebras Systems Inc0.11%
JPMorgan U.s. Government0.10%

Weight gaps

All 82 Holdings in both funds, largest gap first.

Holding weights in JUSA and LGDS, widest gap first
Holding	Gap	JUSA	LGDS
NVIDIA Corp Common StockNVDA	LGDS +7.92 points	7.58%	15.50%
Alphabet Inc-Cl A -GOOGL	LGDS +4.83 points	2.57%	7.40%
Amazon.com Inc CommonAMZN	JUSA +2.97 points	4.31%	1.34%
Advanced Micro DevicesAMD	LGDS +2.22 points	1.17%	3.39%
Broadcom Inc CommonAVGO	LGDS +1.97 points	2.50%	4.47%
Tesla Inc Common StockTSLA	LGDS +1.81 points	1.35%	3.16%
Eli Lilly and CompanyLLY	LGDS +1.63 points	1.52%	3.15%
Meta Platforms Inc CommonMETA	LGDS +1.63 points	2.18%	3.81%
General Electric CoGE	LGDS +1.27 points	0.14%	1.41%
Mastercard Inc CommonMA	LGDS +1.25 points	1.33%	2.58%
Microsoft Corp CommonMSFT	JUSA +0.94 points	6.68%	5.74%
Apple Inc Common StockAAPL	LGDS +0.89 points	7.31%	8.20%
Crowdstrike Holdings IncCRWD	LGDS +0.79 points	0.34%	1.13%
Johnson & Johnson CommonJNJ	JUSA +0.75 points	1.31%	0.56%
Applied Materials IncAMAT	LGDS +0.63 points	0.43%	1.06%
Hilton Worldwide HoldingsHLT	LGDS +0.58 points	0.22%	0.80%
Micron Technology IncMU	LGDS +0.55 points	1.39%	1.94%
Lam Research Corp CommonLRCX	LGDS +0.53 points	0.76%	1.29%
Alphabet Inc-Cl C -GOOG	LGDS +0.43 points	1.96%	2.39%
Netflix Inc Common StockNFLX	LGDS +0.41 points	0.44%	0.85%
Servicenow Inc CommonNOW	LGDS +0.36 points	0.17%	0.53%
Expedia Group Inc CommonEXPE	LGDS +0.36 points	0.12%	0.48%
Visa Inc Common Stock USDV	JUSA +0.34 points	1.22%	0.88%
Intel Corp Common StockINTC	JUSA +0.33 points	0.40%	0.07%
Philip MorrisPM	JUSA +0.33 points	0.75%	0.42%
Caterpillar Inc CommonCAT	LGDS +0.32 points	0.15%	0.47%
Nextera Energy IncNEE	JUSA +0.32 points	0.67%	0.35%
Palantir Technologies IncPLTR	LGDS +0.32 points	0.60%	0.92%
Quanta Services IncPWR	LGDS +0.32 points	0.14%	0.46%
Snowflake Inc CommonSNOW	LGDS +0.31 points	0.13%	0.44%
Western Digital CorpWDC	LGDS +0.31 points	0.34%	0.65%
Bank of America CorpBAC	JUSA +0.30 points	0.67%	0.36%
Amphenol Corp CommonAPH	LGDS +0.31 points	0.54%	0.85%
Cadence Design SystemsCDNS	LGDS +0.30 points	0.18%	0.48%
Ciena Corp Common StockCIEN	LGDS +0.29 points	0.06%	0.35%
Hewlett PackardHPE	LGDS +0.29 points	0.21%	0.50%
3M Co Common Stock USDMMM	JUSA +0.27 points	0.69%	0.42%
AbbVie Inc Common StockABBV	JUSA +0.26 points	1.13%	0.87%
Comfort Systems Usa IncFIX	LGDS +0.25 points	0.07%	0.32%
Charles Schwab Corp/TheSCHW	JUSA +0.25 points	0.59%	0.34%
Mcdonald's Corp CommonMCD	JUSA +0.23 points	0.50%	0.27%
Conocophillips CommonCOP	JUSA +0.22 points	0.60%	0.38%
Kla Corp Common Stock USDKLAC	LGDS +0.22 points	0.11%	0.33%
Costco Wholesale CorpCOST	JUSA +0.21 points	0.62%	0.41%
Doordash Inc Common StockDASH	LGDS +0.20 points	0.25%	0.45%
Stryker Corp Common StockSYK	JUSA +0.19 points	0.45%	0.26%
Palo Alto Networks IncPANW	LGDS +0.19 points	0.29%	0.48%
Howmet Aerospace IncHWM	LGDS +0.18 points	0.49%	0.67%
Morgan Stanley DeanMS	JUSA +0.17 points	0.45%	0.28%
Interactive Brokers GroupIBKR	LGDS +0.17 points	0.05%	0.22%
Ge Vernova Inc CommonGEV	LGDS +0.17 points	0.26%	0.43%
Godaddy Inc Common StockGDDY	LGDS +0.15 points	0.02%	0.17%
Capital One FinancialCOF	JUSA +0.15 points	0.39%	0.24%
Vertiv Holdings CoVRT	LGDS +0.14 points	0.30%	0.44%
The Coca-Cola CompanyKO	LGDS +0.14 points	0.19%	0.33%
Oracle Corp Common StockORCL	LGDS +0.14 points	0.24%	0.38%
Trane Technologies PLC	LGDS +0.12 points	0.56%	0.68%
Sandisk Corp Common StockSNDK	LGDS +0.12 points	0.19%	0.31%
Arista Networks IncANET	JUSA +0.12 points	0.28%	0.16%
United Rentals IncURI	LGDS +0.11 points	0.21%	0.32%
Corning Inc Common StockGLW	JUSA +0.12 points	0.20%	0.08%
Rtx CorpRTX	JUSA +0.11 points	0.89%	0.78%
Neurocrine BiosciencesNBIX	LGDS +0.10 points	0.14%	0.24%
Seagate TechnologySTX	JUSA +0.09 points	0.38%	0.29%
The Walt Disney CompanyDIS	JUSA +0.09 points	0.44%	0.35%
Cummins Inc Common StockCMI	JUSA +0.08 points	0.33%	0.25%
Carnival Corp Ltd CommonCCL	LGDS +0.08 points	0.10%	0.18%
Twilio Inc Common StockTWLO	LGDS +0.08 points	0.08%	0.16%
Vertex PharmaceuticalsVRTX	JUSA +0.08 points	0.35%	0.27%
Corpay IncCPAY	JUSA +0.07 points	0.29%	0.22%
Applovin Corp CommonAPP	LGDS +0.08 points	0.04%	0.12%
Prologis Inc Reit USDPLD	LGDS +0.07 points	0.19%	0.26%
Intuitive Surgical IncISRG	JUSA +0.06 points	0.29%	0.23%
Chipotle Mexican GrillCMG	LGDS +0.06 points	0.39%	0.45%
Cigna Group/The CommonCI	JUSA +0.06 points	0.27%	0.21%
Lowe's Cos Inc CommonLOW	LGDS +0.05 points	0.70%	0.75%
Datadog Inc Common StockDDOG	JUSA +0.04 points	0.10%	0.06%
Ventas Inc Reit USD 0.25VTR	LGDS +0.04 points	0.34%	0.38%
Dover Corp Common StockDOV	JUSA +0.03 points	0.24%	0.21%
Nxp Semiconductors NVNXPI	LGDS +0.02 points	0.39%	0.41%
Boston Scientific CorpBSX	JUSA +0.01 points	0.15%	0.14%
Regeneron PharmaceuticalsREGN	JUSA +0.01 points	0.44%	0.43%

All 262 JUSA holdings⁠All 103 LGDS 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.

JUSA vs LGDS Cost

Overpaying LGDS vs JUSA

$4,341

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

JUSA 0.18%
$3,749
LGDS 0.40%
$8,090

Amount$10,000

Years30 years

Cost over time

JUSA 0.18%
LGDS 0.40%
Overpaying

Year by year

Year	JUSA	LGDS	Overpaying
10	$328	$723	$395
20	$1,281	$2,793	$1,512
30	$3,749	$8,090	$4,341

Expense ratio

0.18%JUSA, cheaper
0.40%LGDS

JUSA0.18%LGDS0.40%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

JUSA cheapest of 90 funds

LGDS 20th cheapest of 90 funds

JUSA vs LGDS Dividends

Last 12 months to Nov 5, 2026

Yield (12M): JUSA 0.74%; LGDS No data
Payout (12M): JUSA $0.49; LGDS None
Last payment: JUSA $0.13; LGDS No data
Ex-dividend: JUSA Sep 22, 2026; LGDS No data
Paid on: JUSA Sep 24, 2026; LGDS No data
Frequency: JUSA Quarterly; LGDS No data

Distribution history

Per share, 2025 to 2026, same scale for both

JUSAQuarterly · 6 paymentsAll JUSA payments⁠

LGDSAll LGDS payments⁠

No distribution history available.

JUSA vs LGDS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: JUSA 11.6%since Apr 2025LGDS No data
Return per unit of riskSharpe ratio, 3 years: JUSA 1.41since Apr 2025LGDS No data
Worst fallMax drawdown, 5 years: JUSA −14.0%since Mar 2025LGDS No data
Market sensitivityBeta, 5 years: JUSA 0.98LGDS 1.77; Market = 1

JUSA and LGDS in the news

All news⁠

New ETFs
YieldMax lists an SK hynix options ETF that does not own the shares
Oct 28, 2026JUSA
ETF Filings
JPMorgan All Country Research Enhanced Equity ETF sets 0.22% fee, ticker JALL
Sep 4, 2026JUSA

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JUSA vs LGDS

In short

Stated mandate

Why people hold it

Worth knowing

How JUSA and LGDS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JUSA

Only in LGDS

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

YieldMax lists an SK hynix options ETF that does not own the shares

JPMorgan All Country Research Enhanced Equity ETF sets 0.22% fee, ticker JALL

How JUSA and LGDS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JUSA

Only in LGDS

Weight gaps