JQUA

JPMorgan U.S. Quality Factor ETF

$62.01
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The JPMorgan U.S. Quality Factor ETF (JQUA) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the J.P. Morgan U.S. Quality Index.

Overview

ETF tracking JPMorgan U.S. Quality Factor ETF

Category Other
Issuer Other
Inception Date 2017-11-09
Market Cap $7.7B
Average Volume N/A
Dividend Yield 1.20%
52-Week Range $50.39 - $63.67
VWAP $62.04

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The JPMorgan U.S. Quality Factor ETF (JQUA) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the J.P. Morgan U.S. Quality Index.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. equity securities that exhibit high quality characteristics, such as strong profitability, stable earnings, and low financial leverage. The fund's holdings are selected and weighted based on these quality factors.

✨ Key Features

  • Focuses on U.S. equities with high quality characteristics
  • Seeks to track the performance of the J.P. Morgan U.S. Quality Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions
  • Concentration risk: The fund's performance may be more volatile due to its focus on high quality U.S. stocks
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Limited performance history: With no returns available, investors have limited data to evaluate the fund's long-term performance

👤 Best For

The JPMorgan U.S. Quality Factor ETF may be suitable for investors seeking exposure to a portfolio of high-quality U.S. equities as part of a diversified investment strategy. However, due to the fund's limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.