JPME

JPMorgan Diversified Return US Mid Cap Equity ETF

$106.82
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The JPMorgan Diversified Return US Mid Cap Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE USA Mid-Cap Diversified Factor Index.

Overview

ETF tracking JPMorgan Diversified Return US Mid Cap Equity ETF

Category Mid Cap
Issuer Other
Inception Date 2016-05-12
Market Cap $387.2M
Average Volume N/A
Dividend Yield 2.00%
52-Week Range $89.28 - $110.92
VWAP $107.02

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan Diversified Return US Mid Cap Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE USA Mid-Cap Diversified Factor Index.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is designed to provide exposure to U.S. mid-cap stocks with attractive valuations, high quality, and positive momentum characteristics.

✨ Key Features

  • Broad exposure to the U.S. mid-cap equity market
  • Diversified portfolio across multiple factors including value, quality, and momentum
  • Low expense ratio of 0.00%
  • Passively managed to track the FTSE USA Mid-Cap Diversified Factor Index

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market and economic conditions.
  • Equity risk: Stocks may experience volatility and the value of the ETF's holdings may fluctuate in response to the activities of individual companies.
  • Mid-cap risk: Investing in mid-capitalization companies may involve greater risk and price volatility than large-cap companies.
  • Index tracking risk: The ETF may not perfectly track the performance of the underlying index.

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. mid-cap equity market with a focus on diversified factor-based investing. It could be appropriate as a core holding in a well-diversified portfolio.