JIVE

JPMorgan International Value ETF

$78.63
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The JPMorgan International Value ETF (JIVE) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI EAFE Value Index, which measures the performance of large- and mid-cap value stocks across developed international markets.

Overview

ETF tracking JPMorgan International Value ETF

Issuer Other
Inception Date 2023-09-14
Market Cap $660.5M
Average Volume N/A
Dividend Yield 1.74%
52-Week Range $54.45 - $79.22
VWAP $78.61

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan International Value ETF (JIVE) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI EAFE Value Index, which measures the performance of large- and mid-cap value stocks across developed international markets.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy, attempting to replicate the performance of the underlying index by investing in the equity securities that make up the index in proportion to their weightings in the index.

✨ Key Features

  • Provides exposure to a diversified portfolio of international value stocks across developed markets outside the U.S. and Canada
  • Tracks the MSCI EAFE Value Index, which focuses on companies that exhibit lower valuations relative to fundamentals
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Exposure to international markets, which may be subject to greater volatility and political, economic, and currency risks than U.S. domestic investments
  • Concentration in value-oriented stocks, which may underperform growth stocks during certain market environments
  • Potential for tracking error between the ETF's performance and the underlying index
  • Low assets under management, which could impact liquidity and trading efficiency

👤 Best For

The JPMorgan International Value ETF may be suitable for long-term investors seeking exposure to international developed market value stocks as part of a diversified portfolio. Investors should be comfortable with the risks associated with international investing and value-oriented strategies.