JUSA vs TLG

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

TLGCTouchstone Large Company 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.

TLG A 25-to-35 stock growth portfolio run by DSM Capital Partners since 2009, now in an ETF shell. Conviction over coverage: the Russell 1000 Growth Index is the yardstick, not the blueprint.

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.

TLG The Fund seeks long-term capital appreciation. It invests at least 80% of its net assets in equity securities of large-capitalization issuers, using a bottom-up, idea-driven growth approach with a long-term investment horizon.

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.

• TLG Built to be concentrated: the portfolio generally holds 25 to 35 stocks, so the manager's best ideas carry real weight.westernsouthern.com
• Same adviser, same sub-adviser, same strategy as the predecessor mutual fund, with a track record running back to the 2009 inception.westernsouthern.com
• DSM Capital Partners, founded in 2001 and employee-owned, specializes in concentrated growth and picks bottom-up on fundamentals and profitability.westernsouthern.com
• Up to 20% can sit in foreign names, including ADRs and emerging markets, so a good idea listed abroad is not off the table.westernsouthern.com

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

• TLG Fee is 0.67% net of a waiver through April 29, 2027 (0.82% gross), above the category median; same-benchmark peers like LGDS at 0.40% charge less.
• Non-diversified by charter: one position can grow into a large slice of the fund, which cuts both ways.westernsouthern.com
• Seasoned strategy, new ETF wrapper, and it trades thinly, so spreads can be wider than at the category's heavyweights.

Full JUSA profile⁠

Full TLG profile⁠