JMEE

JPMorgan Small & Mid Cap Enhanced Equity ETF

$62.72
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Russell Small-Mid Cap Enhanced Focus Index.

Overview

ETF tracking JPMorgan Small & Mid Cap Enhanced Equity ETF

Category Mid Cap
Issuer Other
Inception Date 2022-05-09
Market Cap $2.0B
Average Volume N/A
Dividend Yield 0.92%
52-Week Range $49.07 - $66.40
VWAP $62.58

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Russell Small-Mid Cap Enhanced Focus Index.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy, attempting to replicate the performance of its target index by investing in the equity securities that make up the index in similar proportions.

✨ Key Features

  • Focuses on small and mid-cap U.S. equities
  • Tracks the FTSE Russell Small-Mid Cap Enhanced Focus Index
  • Employs a passive, index-tracking investment strategy
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Concentration risk: The ETF's focus on small and mid-cap stocks may lead to higher volatility
  • Index tracking risk: The ETF may not perfectly replicate the performance of its target index
  • Liquidity risk: Small and mid-cap stocks may have lower trading volumes, leading to potential liquidity issues

👤 Best For

This ETF may be suitable for investors seeking exposure to the small and mid-cap segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.