JUSA vs TSEL

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

TSELDTouchstone Sands Capital US 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.

TSEL Sands Capital has run its Select Growth playbook since 1992; TSEL puts it in an ETF. Twenty-five to thirty-five US growth names, 0.67% net of a waiver through April 29, 2027, and a mandate that prizes conviction over diversification.

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.

TSEL The Fund seeks long-term capital appreciation. It invests primarily in common stocks of U.S. companies with above-average potential for revenue or earnings growth, emphasizing large- and mid-capitalization growth companies.

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.

• TSEL The wrapper is new; the playbook isn't. Sands Capital has run Select Growth since February 1992, and Touchstone hired Sands to sub-advise rather than build a growth desk.sandscapital.combusinesswire.com
• High conviction by design: typically 25 to 35 US large- and mid-cap growth names, generally nothing under $2 billion in market cap at purchase. Best ideas, not a closet index.businesswire.comwesternsouthern.com
• Touchstone covers part of the tab: gross expenses are 0.96%, but a waiver holds the net at 0.67% through April 29, 2027.

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

• TSEL At 0.67% it prices above the category median, where the quant-enhanced crowd lives much cheaper: JUSA and FELG at 0.18%, GUSE at 0.30%, none of them waiver-dependent.
• Concentration cuts both ways: with 25 to 35 growth names, a handful of positions drive results and the fund can sit far from a broad large-cap index.businesswire.com
• It launched in January 2025 and trades thinly, so fund-level history is short and the spread is a real cost. Limit orders are the standard tool in this corner of the market.

Full JUSA profile⁠

Full TSEL profile⁠