JUSA vs TSCM

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

TSCMCTimesSquare Quality 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.

TSCM TimesSquare has managed mid cap growth money since 2000. TSCM is the firm's first ETF, putting that bottom-up, quality-screened process into a wrapper that used to mean a separate account, a mutual fund or a collective trust.

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.

TSCM The Fund seeks long-term capital appreciation by investing primarily in a diversified portfolio of equity securities of mid-capitalization companies with quality-growth attributes. It is actively managed and uses a bottom-up, research-intensive investment process.

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.

• TSCM A US mid cap growth mandate in a cohort stacked with large cap index-plus funds. The screen is quality growth: faster revenue and earnings growth, plus profitability.nasdaq.com
• The portfolio is the strong suit: actively managed and diversified, built stock by stock through fundamental research rather than assembled from an index.
• 0.55% for an active strategy from a mid cap specialist, right about the going rate among its actively managed equity peers.
• The same mid cap growth process TimesSquare has offered through separate accounts, a mutual fund and a collective trust, now in an ETF.nasdaq.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

• TSCM Launched at the end of 2025, so there is no long fund record yet and the risk picture rests on a short history.
• Small and thinly traded. Spreads can be wide, and sizable orders can push the price around. Mid cap shares themselves also trade in lower volumes than large caps.nasdaq.com
• Cheaper names share the cohort (JUSA at 0.12%, FELG at 0.18%), though those are large cap index-plus strategies, not active mid cap stock picking.

Full JUSA profile⁠

Full TSCM profile⁠