JTEK

JPMorgan U.S. Tech Leaders ETF

$89.36
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The JPMorgan U.S. Tech Leaders ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Smart Tech Leaders Index.

Overview

ETF tracking JPMorgan U.S. Tech Leaders ETF

Category Technology
Issuer Other
Inception Date 2023-10-05
Market Cap $2.6B
Average Volume N/A
Dividend Yield N/A
52-Week Range $59.03 - $97.22
VWAP $89.43

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan U.S. Tech Leaders ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq US Smart Tech Leaders Index.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. technology companies that are identified as 'leaders' based on factors such as revenue growth, earnings growth, and market capitalization. The fund aims to provide exposure to the performance of the U.S. technology sector.

✨ Key Features

  • Focuses on large-cap U.S. technology companies identified as industry leaders
  • Passively managed to track the performance of the Nasdaq US Smart Tech Leaders Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the technology sector
  • Potential for higher volatility compared to the broader market
  • Tracking error risk as the fund may not perfectly replicate the index performance
  • Limited operating history makes it difficult to evaluate long-term performance

👤 Best For

The JPMorgan U.S. Tech Leaders ETF may be suitable for investors seeking exposure to large-cap U.S. technology companies and are comfortable with the higher volatility associated with a sector-focused fund. It may be most appropriate as a satellite holding within a diversified portfolio.