JUSA vs SEMG

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

SEMGDSuncoast Select 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.

SEMG Active conviction investing with nothing to hide behind: roughly 15 to 30 US stocks, picked bottom-up under one in-house rulebook. No index, no long tail, and every holding carries real weight.

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.

SEMG The Fund seeks long-term capital appreciation through an actively managed, concentrated portfolio of approximately 15–30 U.S.-listed companies selected using bottom-up fundamental analysis.

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.

• SEMG Real concentration: about 15 to 30 US-listed names, so individual picks actually move the fund instead of being diluted by a 500-stock tail.
• Stock selection runs through a named house process, the SEM Disciplined Investment System, which blends growth and value screens rather than chasing a single style.
• Plain plumbing: a standard 1940 Act fund holding US-listed stocks. No leverage, no derivatives overlay, no exotic wrapper to decode.

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

• SEMG At 0.60% a year it prices above the typical fund in its active US growth cohort, and well above enhanced-index rivals such as JUSA (0.12%) and FELG (0.18%).
• A small, thinly traded fund, so spreads and order handling deserve more attention here than with a mega-cap index product.
• Launched in 2025, so the track record is short, and a book this concentrated means a handful of names can set the tone in any given stretch.

Full JUSA profile⁠

Full SEMG profile⁠