JUSA vs LSGR

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

LSGRCNatixis Loomis Sayles Focused 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.

LSGR Twenty-odd stocks, one veteran manager, and a holding period measured in years. LSGR puts Loomis Sayles' private-equity-style growth strategy in an ETF at 0.59% net of a waiver through April 30, 2029 (0.61% gross).

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.

LSGR The Fund's stated aim is to achieve capital growth over the long term.

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.

• LSGR The prospectus targets roughly 20 to 30 stocks, so each pick carries real weight instead of being diluted across hundreds of names.sec.govloomissayles.com
• Built to sit still: Loomis Sayles runs this as a long-horizon, low-turnover strategy under one manager, Aziz Hamzaogullari, not as benchmark-hugging growth.natixis.comloomissayles.com
• At 0.59% net (0.61% gross, waived through April 30, 2029) the fee lands near the typical cost for active US growth funds rather than above it.

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

• LSGR Concentration cuts both ways: with 20 to 30 large-cap names, one stock's move can swing this fund far more than a broad growth index.sec.gov
• Cheaper same-benchmark active growth ETFs exist, among them ACGR at 0.39% and LGDS at 0.40%; here you pay up for the focused approach.
• No payout stream in the last year. The stated aim is capital growth over the long term, so this is a price-return story, not an income one.

Full JUSA profile⁠

Full LSGR profile⁠