JUSA vs LRGG

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

LRGGBNomura Focused 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.

LRGG Roughly two dozen large-cap growth names, run by the ex-Macquarie team now under Nomura's roof. Active, unapologetically top-heavy, and 0.44% with no fee waiver in the picture.

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.

LRGG The fund seeks to provide growth of capital.

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.

• LRGG "Focused" is not marketing here: the portfolio runs to about two dozen stocks, so individual picks actually register instead of being diluted into an index.stockanalysis.com
• 0.44%, with no fee waiver holding it down, sits below the category median. FELG and JUSA charge 0.18%, so cheap it is not, but it undercuts the typical active rival.
• Rates as one of the stronger implementations among the conviction-growth funds we cover, on the strength of its cost and day-to-day trading profile.

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

• LRGG Top-heavy by design: a handful of mega-cap names carry much of the portfolio, so a stumble in one or two of them shows up fast.stockanalysis.com
• Lightly traded next to the category's heavyweights, which can mean wider spreads; limit orders earn their keep.
• Listed in 2024 and rebranded after Nomura bought Macquarie's US public investments business, so the record under this banner is short.nomuraassetmanagement.com

Full JUSA profile⁠

Full LRGG profile⁠