JUSA vs TMFM

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

TMFMDMotley Fool Mid-Cap 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.

TMFM The Motley Fool's own fund shop, stock-picking US mid caps for quality and growth. It ran as a mutual fund from 2014 and converted into an ETF in 2021, so the strategy is older than the ticker.

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.

TMFM The Fund seeks long-term capital appreciation through an actively managed portfolio of U.S. mid-cap companies, using a quality-growth approach.

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.

• TMFM Genuinely active, not an index tracker: managers pick US mid-cap companies on quality and growth, with the Russell Midcap Growth index as the yardstick.
• The strategy has a paper trail: it launched in 2014 as the MFAM Mid-Cap Growth mutual fund and converted into this ETF in December 2021.etfgi.com
• Its peer group is crowded with enhanced large-cap funds (JUSA, FELG). This one stays in the middle of the market-cap range, where fewer active ETFs bother to fish.
• The portfolio is the sturdiest part of the package: a coherent book of US quality-growth names rather than a grab bag.

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

• TMFM Fees are the headline trade-off. At 0.85% a year it runs above the typical fund in its peer group, and many times the cheapest enhanced-index names (JUSA at 0.12%).
• It trades thinly for a US equity ETF, so spreads can be wider and sizable orders can nudge the price. Limit orders matter more here than with a mega-cap index fund.
• On our overall read it sits in the lower tier of its peer group, with cost and trading friction doing most of the damage rather than the holdings.

Full JUSA profile⁠

Full TMFM profile⁠