JMOM

JPMorgan U.S. Momentum Factor ETF

$67.49
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The JPMorgan U.S. Momentum Factor ETF (JMOM) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE USA Momentum Factor Index.

Overview

ETF tracking JPMorgan U.S. Momentum Factor ETF

Category Growth
Issuer Other
Inception Date 2017-11-09
Market Cap $1.8B
Average Volume N/A
Dividend Yield 0.88%
52-Week Range $50.29 - $69.40
VWAP $67.66

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan U.S. Momentum Factor ETF (JMOM) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE USA Momentum Factor Index.

🎯 Investment Strategy

The ETF invests primarily in U.S. equity securities that exhibit positive momentum characteristics, as determined by the index provider. The portfolio is constructed to capture the momentum factor while maintaining broad diversification across sectors.

✨ Key Features

  • Focuses on U.S. equities exhibiting positive momentum characteristics
  • Seeks to track the FTSE USA Momentum Factor Index
  • Diversified portfolio across sectors
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Momentum risk: The momentum factor may not perform as expected over certain market cycles
  • Concentration risk: The ETF may be more heavily weighted in certain sectors or industries
  • Tracking error risk: The ETF may not perfectly track its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. equities with a focus on the momentum factor. It may be appropriate as a core or satellite holding in a diversified portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with equity market investments.