JUSA vs RJCA: Grades, Fees and Holdings Compared

JPMorgan U.S. Research Enhanced Large Cap ETF

JUSAANYSE Arca

RJ ClariVest Capital Appreciation ETF

RJCACNYSE Arca

Overlap

46.9%by weight

Expense ratio

JUSA −0.43pt a year

JUSA0.18%RJCA0.61%

Avg volume · 30D

JUSA 6.3×the volume

JUSA98.8KRJCA15.6K

JUSA vs RJCA Performance

Oct 2, 2026 – Nov 2, 2026

−2.4%JUSA−8.6%RJCA

Expense ratio: JUSA 0.18%, better; RJCA 0.61%
Fund size: JUSA $745M; RJCA $570M
1Y total return: JUSA +10.3%; RJCA No data
Yield (12M): JUSA 0.72%; RJCA No data
Holdings: JUSA 265; RJCA 71
Avg volume (30D): JUSA 98.8K sh, better; RJCA 15.6K sh
NAV per share: JUSA $67.75; RJCA $69.90
52W range

ETF.net Grade

Pillar letters and Scores for JUSA, RJCA, with each pillar’s weight
Pillar	JUSA	RJCA
Cost30% weight	A99Higher	D30
Mission25% weight	A84	Not scored
Risk15% weight	A92Higher	B55
Tradability15% weight	B59	A71Higher
Holdings10% weight	A83Higher	B59
Durability5% weight	A76Higher	C54

Rank among US Active Growth funds

How we build Categories ›

Same Category. JUSA and RJCA 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 RJCA 44th 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 44CPRCSParnassus Core Select ETFScore 48
Rank 44CRJCARJ ClariVest Capital Appreciation ETFScore 48
Rank 48CAFGRFirst Trust Active Factor Large Cap Growth ETFScore 47

Our read on each fund

ETF.net Research

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

RJCACRJ ClariVest Capital Appreciation 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.

RJCA 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.

RJCA 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.

RJCA 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

RJCA No data

Full JUSA profile⁠

Full RJCA profile⁠

JUSA vs RJCA Holdings

How JUSA and RJCA differ

Overlap by weight

46.9%

Shared holdings make up 82.2% of RJCA and 49.0% of JUSA.

Level by level

Holdings40 in both46.9%
Countryby domicile99.3%
Asset classEquity100%

Sector

No Sector split for RJCA.

Country, concentration and asset class

Country by domicile

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

Concentration

Weight in the 10 largest Holdings

JUSA37.4%
RJCA55.8%

Securities held

JUSA263
RJCA70

Asset class

JUSA: Equity
RJCA: Equity

Holdings

Only in JUSA223
In both40
Only in RJCA30

Only in JUSA

223 securities, 50.8% of JUSA by weight

Berkshire Hathaway Inc1.39%
Exxonmobil Holdings Corp1.37%
Johnson & Johnson Common1.31%
JPMorgan Prime Money1.01%
Rtx Corp0.92%
Lam Research Corp Common0.80%
Wells Fargo & Co Common0.80%
Philip Morris0.75%
Citigroup Inc Common0.71%
Lowe's Cos Inc Common0.68%
UnitedHealth Group Inc0.66%
Conocophillips Common0.66%
Pepsico Inc Common Stock0.66%
Nextera Energy Inc0.66%
Bank of America Corp0.66%
3M Co Common Stock USD0.64%
Us Bancorp Common Stock0.60%
Trane Technologies PLC0.57%
Charles Schwab Corp/The0.57%
Amphenol Corp Common0.56%
The Southern Company0.56%
Eog Resources Inc Common0.55%
Walmart Inc Common Stock0.54%
Bristol-Myers Squibb Co0.52%
Texas Instruments Inc0.50%
Howmet Aerospace Inc0.50%
Accenture PLC Common0.49%
Mcdonald's Corp Common0.49%
Mondelez International0.48%
AT&T Inc Common Stock USD0.48%
Aon PLC Common Stock USD0.47%
Regeneron Pharmaceuticals0.46%
Thermo Fisher Scientific0.44%
Morgan Stanley Dean0.44%
Booking Holdings Inc0.44%
The Walt Disney Company0.43%
Fifth Third Bancorp0.42%
Intel Corp Common Stock0.42%
Netflix Inc Common Stock0.42%
Keurig Dr Pepper Inc0.42%
Stryker Corp Common Stock0.42%
Ecolab Inc Common Stock0.42%
Seagate Technology0.41%
Equinix Inc Reit USD0.41%
Arthur J Gallagher & Co0.41%
Capital One Financial0.40%
Eaton Corp PLC Common0.39%
Nxp Semiconductors NV0.38%
Chipotle Mexican Grill0.37%
Cummins Inc Common Stock0.36%

Only in RJCA

30 securities, 17.4% of RJCA by weight

Goldman Sachs Group Inc/The1.49%
Gilead Sciences Inc1.29%
Tenet Healthcare Corp1.23%
Synopsys Inc0.82%
Halozyme Therapeutics Inc0.81%
Affiliated Managers Group Inc0.74%
Curtiss-Wright Corp0.72%
Salesforce Inc0.70%
Fox Corp0.68%
Manhattan Associates Inc0.68%
Exelixis Inc0.68%
Okta Inc0.60%
Five Below Inc0.57%
Advanced Energy Industries Inc0.56%
MasTec Inc0.54%
Arrow Electronics Inc0.48%
Cardinal Health Inc0.46%
WP Carey Inc0.45%
Sanmina Corp0.41%
TD SYNNEX Corp0.40%
Space Exploration Technologies Corp0.38%
Bloom Energy Corp0.37%
Flex Ltd0.36%
Block Inc0.36%
Virtu Financial Inc0.32%
Docusign Inc0.32%
nVent Electric PLC0.32%
Vicor Corp0.29%
TTM Technologies Inc0.20%
iShares Russell 1000 Growth ETF0.10%

Weight gaps

All 40 Holdings in both funds, largest gap first.

Holding weights in JUSA and RJCA, widest gap first
Holding	More in JUSAMore in RJCA	JUSA	RJCA
NVIDIA Corp Common StockNVDA	RJCA +6.66 points	7.80%	14.46%
Broadcom Inc CommonAVGO	RJCA +2.58 points	2.52%	5.10%
Eli Lilly and CompanyLLY	RJCA +2.54 points	1.54%	4.08%
Microsoft Corp CommonMSFT	RJCA +2.12 points	6.21%	8.33%
Amazon.com Inc CommonAMZN	JUSA +1.99 points	4.06%	2.07%
Micron Technology IncMU	RJCA +1.78 points	1.49%	3.27%
Alphabet Inc-Cl A -GOOGL	RJCA +1.59 points	2.53%	4.12%
Advanced Micro DevicesAMD	RJCA +1.38 points	1.14%	2.52%
Alphabet Inc-Cl C -GOOG	RJCA +1.29 points	1.93%	3.22%
Arista Networks IncANET	RJCA +1.22 points	0.26%	1.48%
Palantir Technologies IncPLTR	RJCA +1.05 points	0.60%	1.65%
Visa Inc Common Stock USDV	RJCA +1.03 points	1.22%	2.25%
General Electric CoGE	RJCA +0.86 points	0.14%	1.00%
Meta Platforms Inc CommonMETA	RJCA +0.71 points	2.14%	2.85%
State Street Corp CommonSTT	RJCA +0.69 points	0.06%	0.75%
Expedia Group Inc CommonEXPE	RJCA +0.66 points	0.12%	0.78%
Sandisk Corp Common StockSNDK	RJCA +0.64 points	0.20%	0.84%
Apple Inc Common StockAAPL	RJCA +0.63 points	7.21%	7.84%
Tesla Inc Common StockTSLA	RJCA +0.61 points	1.44%	2.05%
Costco Wholesale CorpCOST	RJCA +0.59 points	0.63%	1.22%
Crowdstrike Holdings IncCRWD	RJCA +0.55 points	0.35%	0.90%
Dell Technologies IncDELL	RJCA +0.54 points	0.18%	0.72%
Newmont Corp Common StockNEM	RJCA +0.51 points	0.18%	0.69%
Welltower IncWELL	RJCA +0.50 points	0.08%	0.58%
Fortinet Inc Common StockFTNT	RJCA +0.48 points	0.17%	0.65%
Jabil Inc Common StockJBL	RJCA +0.47 points	0.05%	0.52%
Hewlett PackardHPE	RJCA +0.44 points	0.22%	0.66%
Cisco Systems Inc CommonCSCO	RJCA +0.43 points	0.21%	0.64%
Twilio Inc Common StockTWLO	RJCA +0.41 points	0.08%	0.49%
Westinghouse Air BrakeWAB	RJCA +0.35 points	0.03%	0.38%
Coherent Corp CommonCOHR	RJCA +0.34 points	0.04%	0.38%
Tapestry Inc Common StockTPR	RJCA +0.34 points	0.04%	0.38%
Vertiv Holdings CoVRT	RJCA +0.27 points	0.33%	0.60%
Corning Inc Common StockGLW	RJCA +0.26 points	0.21%	0.47%
Ciena Corp Common StockCIEN	RJCA +0.25 points	0.06%	0.31%
Palo Alto Networks IncPANW	RJCA +0.23 points	0.30%	0.53%
AbbVie Inc Common StockABBV	RJCA +0.18 points	1.13%	1.31%
Mastercard Inc CommonMA	RJCA +0.18 points	1.32%	1.50%
Applied Materials IncAMAT	JUSA +0.10 points	0.45%	0.35%
Western Digital CorpWDC	JUSA +0.09 points	0.37%	0.28%

All 261 JUSA holdings⁠All 72 RJCA 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 RJCA Cost

Overpaying RJCA vs JUSA

$8,249

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

JUSA 0.18%
$3,749
RJCA 0.61%
$11,998

Amount$10,000

Years30 years

Cost over time

JUSA 0.18%
RJCA 0.61%
Overpaying

Year by year

Year	JUSA	RJCA	Overpaying
10	$328	$1,093	$765
20	$1,281	$4,181	$2,900
30	$3,749	$11,998	$8,249

Expense ratio

0.18%JUSA, cheaper
0.61%RJCA

JUSA0.18%RJCA0.61%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

JUSA cheapest of 90 funds

RJCA 62nd cheapest of 90 funds

JUSA vs RJCA Dividends

Last 12 months to Nov 2, 2026

Yield (12M): JUSA 0.72%; RJCA No data
Payout (12M): JUSA $0.49; RJCA None
Last payment: JUSA $0.13; RJCA No data
Ex-dividend: JUSA Sep 22, 2026; RJCA No data
Paid on: JUSA Sep 24, 2026; RJCA No data
Frequency: JUSA Quarterly; RJCA No data

Distribution history

Per share, 2025 to 2026, same scale for both

JUSAQuarterly · 6 paymentsAll JUSA payments⁠

RJCAAll RJCA payments⁠

No distribution history available.

JUSA vs RJCA 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 2025RJCA No data
Return per unit of riskSharpe ratio, 3 years: JUSA 1.41since Apr 2025RJCA No data
Worst fallMax drawdown, 5 years: JUSA −14.0%since Mar 2025RJCA No data
Market sensitivityBeta, 5 years: JUSA 0.98RJCA 1.14; Market = 1

JUSA and RJCA 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 RJCA

In short

Stated mandate

Why people hold it

Worth knowing

How JUSA and RJCA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JUSA

Only in RJCA

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 RJCA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JUSA

Only in RJCA

Weight gaps