JUSA vs MFSG: Grades, Fees and Holdings Compared

JPMorgan U.S. Research Enhanced Large Cap ETF

JUSAANYSE Arca

MFS Active Growth ETF

MFSGBNYSE

Overlap

43.6%by weight

Expense ratio

JUSA −0.31pt a year

JUSA0.18%MFSG0.49%

Avg volume · 30D

JUSA 1.7×the volume

JUSA98.8KMFSG57.2K

JUSA vs MFSG Performance

Oct 31, 2025 – Oct 30, 2026

+10.8%JUSA−0.5%MFSG

Expense ratio: JUSA 0.18%, better; MFSG 0.49%
Fund size: JUSA $745M; MFSG $396M
1Y total return: JUSA +10.8%, better; MFSG −0.5%
Yield (12M): JUSA 0.72%, better; MFSG 0.07%
Holdings: JUSA 263; MFSG 64
Avg volume (30D): JUSA 98.8K sh, better; MFSG 57.2K sh
NAV per share: JUSA $67.75; MFSG $28.75
52W range

ETF.net Grade

Pillar letters and Scores for JUSA, MFSG, with each pillar’s weight
Pillar	JUSA	MFSG
Cost30% weight	A99Higher	B62
Mission25% weight	A84	Not scored
Risk15% weight	A92Higher	C47
Tradability15% weight	B58	B62Higher
Holdings10% weight	A84Higher	B61
Durability5% weight	A76Higher	B58

Rank among US Active Growth funds

How we build Categories ›

Same Category. JUSA and MFSG 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 MFSG 29th 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 84
Rank 27BNUGONuveen Growth OpportunitiesScore 59
Rank 29BMFSGMFS Active Growth ETFScore 58
Rank 30BIWFGNYLI Winslow Focused Large Cap Growth ETFScore 57

Our read on each fund

ETF.net Research

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

MFSGBMFS Active 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.

MFSG 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.

MFSG 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.

MFSG 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

MFSG No data

Full JUSA profile⁠

Full MFSG profile⁠

JUSA vs MFSG Holdings

How JUSA and MFSG differ

Overlap by weight

43.6%

Shared holdings make up 79.0% of MFSG and 47.5% of JUSA.

Level by level

Holdings38 in both43.6%
Sector11 Sectors83.5%
Countryby domicile95.8%
Asset classEquity100%

Sector

Sector weights in JUSA and MFSG, widest gap first
Sector	More in JUSAMore in MFSG	JUSA	MFSG
Technology	MFSG +9.2 points	40.7%	49.9%
Financials	JUSA +5.8 points	11.1%	5.3%
Communication	MFSG +5.4 points	10.0%	15.4%
Consumer Discretionary	JUSA +2.2 points	9.8%	7.6%
Utilities	JUSA +1.9 points	1.9%	0.0%
Consumer Staples	JUSA +1.8 points	3.6%	1.8%
Industrials	MFSG +1.8 points	7.3%	9.1%
Energy	JUSA +1.7 points	3.3%	1.6%
Health Care	JUSA +1.7 points	9.0%	7.3%
Real Estate	JUSA +1.4 points	1.7%	0.3%
Materials	MFSG +0.1 points	1.6%	1.7%

Country, concentration and asset class

Country by domicile

Country weights in JUSA and MFSG, widest gap first
Country	More in JUSAMore in MFSG	JUSA	MFSG
United States	JUSA +4.1 points	99.9%	95.8%
Taiwan	MFSG +1.8 points	0.0%	1.8%
Canada	MFSG +1.6 points	0.0%	1.6%
Netherlands	MFSG +0.6 points	0.0%	0.6%
Other countries (3)	MFSG +0.3 points	0.1%	0.4%

Concentration

Weight in the 10 largest Holdings

JUSA37.8%
MFSG52.9%

Securities held

JUSA261
MFSG63

Asset class

JUSA: Equity
MFSG: Equity

Holdings

Only in JUSA223
In both38
Only in MFSG25

Only in JUSA

223 securities, 52.3% of JUSA by weight

Alphabet Inc-Cl C -1.93%
Exxonmobil Holdings Corp1.45%
Berkshire Hathaway Inc1.35%
Johnson & Johnson Common1.32%
Mastercard Inc Common1.27%
AbbVie Inc Common Stock1.15%
JPMorgan Prime Money0.95%
Wells Fargo & Co Common0.77%
Citigroup Inc Common0.70%
Conocophillips Common0.69%
UnitedHealth Group Inc0.67%
Bank of America Corp0.66%
Lowe's Cos Inc Common0.65%
Nextera Energy Inc0.64%
Pepsico Inc Common Stock0.64%
3M Co Common Stock USD0.62%
Costco Wholesale Corp0.61%
Eog Resources Inc Common0.60%
Us Bancorp Common Stock0.59%
Palantir Technologies Inc0.57%
Trane Technologies PLC0.57%
Charles Schwab Corp/The0.56%
The Southern Company0.55%
Walmart Inc Common Stock0.52%
Texas Instruments Inc0.50%
Bristol-Myers Squibb Co0.50%
Accenture PLC Common0.48%
AT&T Inc Common Stock USD0.48%
Mcdonald's Corp Common0.47%
Mondelez International0.47%
Howmet Aerospace Inc0.46%
Intel Corp Common Stock0.46%
Applied Materials Inc0.46%
Aon PLC Common Stock USD0.45%
Seagate Technology0.45%
Regeneron Pharmaceuticals0.44%
Booking Holdings Inc0.42%
The Walt Disney Company0.42%
Fifth Third Bancorp0.41%
Ecolab Inc Common Stock0.41%
Keurig Dr Pepper Inc0.41%
Arthur J Gallagher & Co0.40%
Stryker Corp Common Stock0.39%
Netflix Inc Common Stock0.39%
Capital One Financial0.39%
Nxp Semiconductors NV0.38%
Vertex Pharmaceuticals0.36%
Crowdstrike Holdings Inc0.36%
Chipotle Mexican Grill0.36%
Sempra Common Stock USD0.35%

Only in MFSG

25 securities, 20.1% of MFSG by weight

Taiwan Semiconductor Sp Adr1.69%
Gilead Sciences Inc1.36%
Tjx Companies Inc1.19%
Airbnb Incclass A1.14%
Space Exploration Techn Class A1.13%
Shopify Inc Class A1.07%
Ametek Inc1.07%
Marriott International Class A1.06%
Nasdaq Inc1.02%
Trane Technologies PLC0.93%
Monster Beverage Corp0.92%
Williams Cos Inc0.74%
Starbuckscorp0.74%
Ww Grainger Inc0.74%
Spotify Technology SA0.67%
Ati Inc0.65%
Live Nation Entertainment In0.56%
Asm International NV0.52%
Idexx Laboratories Inc0.51%
Viking Holdings Ltd0.46%
Tko Groupholdings Inc0.45%
Cameco Corp0.43%
Robinhoodmarkets Inc A0.39%
Sk Hynix Inc Adr0.35%
Freeport Mcmoran Inc0.29%

Weight gaps

All 38 Holdings in both funds, largest gap first.

Holding weights in JUSA and MFSG, widest gap first
Holding	More in JUSAMore in MFSG	JUSA	MFSG
Alphabet Inc-Cl A -GOOGL	MFSG +7.10 points	2.53%	9.63%
NVIDIA Corp Common StockNVDA	MFSG +5.95 points	7.86%	13.81%
Visa Inc Common Stock USDV	MFSG +2.61 points	1.18%	3.79%
Arista Networks IncANET	MFSG +1.49 points	0.27%	1.76%
Ge Vernova Inc CommonGEV	MFSG +1.42 points	0.28%	1.70%
Waters Corp Common StockWAT	MFSG +1.41 points	0.13%	1.54%
Thermo Fisher ScientificTMO	MFSG +1.29 points	0.45%	1.74%
Kla Corp Common Stock USDKLAC	MFSG +1.19 points	0.11%	1.30%
Snowflake Inc CommonSNOW	MFSG +1.18 points	0.14%	1.32%
Amazon.com Inc CommonAMZN	JUSA +1.14 points	3.95%	2.81%
Eli Lilly and CompanyLLY	JUSA +1.01 points	1.54%	0.53%
Danaher Corp CommonDHR	MFSG +0.94 points	0.06%	1.00%
Amphenol Corp CommonAPH	MFSG +0.93 points	0.55%	1.48%
Linde PLC Common StockLIN	MFSG +0.91 points	0.14%	1.05%
Western Digital CorpWDC	MFSG +0.89 points	0.40%	1.29%
Medtronic PLC CommonMDT	MFSG +0.76 points	0.34%	1.10%
Parker-Hannifin CorpPH	MFSG +0.71 points	0.07%	0.78%
Servicenow Inc CommonNOW	MFSG +0.65 points	0.16%	0.81%
Cadence Design SystemsCDNS	MFSG +0.64 points	0.18%	0.82%
Broadcom Inc CommonAVGO	MFSG +0.61 points	2.54%	3.15%
Uber Technologies IncUBER	MFSG +0.60 points	0.05%	0.65%
Morgan Stanley DeanMS	MFSG +0.50 points	0.43%	0.93%
Micron Technology IncMU	JUSA +0.49 points	1.57%	1.08%
Meta Platforms Inc CommonMETA	MFSG +0.48 points	2.16%	2.64%
Crh PLC Common Stock EurCRH	MFSG +0.48 points	0.04%	0.52%
Apple Inc Common StockAAPL	JUSA +0.47 points	7.31%	6.84%
Autodesk Inc CommonADSK	MFSG +0.47 points	0.13%	0.60%
Tesla Inc Common StockTSLA	JUSA +0.43 points	1.42%	0.99%
Philip MorrisPM	MFSG +0.41 points	0.75%	1.16%
Microsoft Corp CommonMSFT	MFSG +0.35 points	6.36%	6.71%
Baker Hughes Co CommonBKR	MFSG +0.33 points	0.21%	0.54%
Eaton Corp PLC CommonETN	MFSG +0.33 points	0.39%	0.72%
Rtx CorpRTX	JUSA +0.30 points	0.93%	0.63%
Lam Research Corp CommonLRCX	MFSG +0.27 points	0.84%	1.11%
Palo Alto Networks IncPANW	MFSG +0.19 points	0.31%	0.50%
Comfort Systems Usa IncFIX	MFSG +0.19 points	0.08%	0.27%
Advanced Micro DevicesAMD	MFSG +0.14 points	1.22%	1.36%
Equinix Inc Reit USDEQIX	JUSA +0.09 points	0.42%	0.33%

All 261 JUSA holdings⁠All MFSG 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 MFSG Cost

Overpaying MFSG vs JUSA

$6,043

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

JUSA 0.18%
$3,749
MFSG 0.49%
$9,792

Amount$10,000

Years30 years

Cost over time

JUSA 0.18%
MFSG 0.49%
Overpaying

Year by year

Year	JUSA	MFSG	Overpaying
10	$328	$883	$555
20	$1,281	$3,394	$2,113
30	$3,749	$9,792	$6,043

Expense ratio

0.18%JUSA, cheaper
0.49%MFSG

JUSA0.18%MFSG0.49%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

JUSA cheapest of 90 funds

MFSG 30th cheapest of 90 funds

JUSA vs MFSG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JUSA 0.72%, better; MFSG 0.07%
Payout (12M): JUSA $0.49; MFSG $0.02
Last payment: JUSA $0.13; MFSG $0.02
Ex-dividend: JUSA Sep 22, 2026; MFSG Dec 16, 2025
Paid on: JUSA Sep 24, 2026; MFSG Dec 17, 2025
Frequency: JUSA Quarterly; MFSG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

JUSAQuarterly · 6 paymentsAll JUSA payments⁠

MFSGIrregular · 2 paymentsAll MFSG payments⁠

JUSA vs MFSG 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 2025MFSG 18.2%since Jan 2025
Return per unit of riskSharpe ratio, 3 years: JUSA 1.41since Apr 2025MFSG 0.32since Jan 2025
Worst fallMax drawdown, 5 years: JUSA −14.0%since Mar 2025MFSG −23.2%since Dec 2024
Market sensitivityBeta, 5 years: JUSA 0.98MFSG 1.33; Market = 1

JUSA and MFSG 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

Popular comparisons

JUSAAvsGUSEA
JPMorgan U.S. Research Enhanced Large Cap ETF · Goldman Sachs Enhanced U.S. Equity ETF
Expense ratio
0.18% · 0.30%
Category
MFSGBvsGUSEA
MFS Active Growth ETF · Goldman Sachs Enhanced U.S. Equity ETF
Expense ratio
0.49% · 0.30%
Category
JUSAAvsLRGCA
JPMorgan U.S. Research Enhanced Large Cap ETF · AB US Large Cap Strategic Equities ETF
Expense ratio
0.18% · 0.39%
Category
MFSGBvsLRGCA
MFS Active Growth ETF · AB US Large Cap Strategic Equities ETF
Expense ratio
0.49% · 0.39%
Category
JUSAAvsFELGA
JPMorgan U.S. Research Enhanced Large Cap ETF · Fidelity Enhanced Large Cap Growth ETF
Expense ratio
0.18% · 0.18%
Category
MFSGBvsFELGA
MFS Active Growth ETF · Fidelity Enhanced Large Cap Growth ETF
Expense ratio
0.49% · 0.18%
Category

JUSA vs MFSG

In short

Stated mandate

Why people hold it

Worth knowing

How JUSA and MFSG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JUSA

Only in MFSG

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 MFSG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JUSA

Only in MFSG

Weight gaps