MCDS

JPMorgan Fundamental Data Science Mid Core ETF

$57.16
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Fundamental Data Science Mid Core Index.

Overview

ETF tracking JPMorgan Fundamental Data Science Mid Core ETF

Category Mid Cap
Issuer Other
Inception Date 2024-08-08
Market Cap $6.9M
Average Volume N/A
Dividend Yield 1.30%
52-Week Range $46.32 - $60.16
VWAP $57.15

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Fundamental Data Science Mid Core Index.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index uses a rules-based approach to select and weight mid-cap U.S. stocks based on fundamental data science factors.

✨ Key Features

  • Passively managed index-tracking ETF focused on mid-cap U.S. equities
  • Utilizes a data science-driven index methodology to select and weight holdings
  • Aims to provide exposure to the mid-cap segment of the U.S. equity market
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The ETF's performance may be more volatile due to its focus on mid-cap stocks
  • Index tracking risk: The ETF may not perfectly replicate the performance of the underlying index
  • Liquidity risk: The ETF may experience lower trading volumes or be less liquid than other ETFs

👤 Best For

This ETF may be suitable for investors seeking exposure to the mid-cap segment of the U.S. equity market through a low-cost, passively managed fund. It may be appropriate as a core holding or as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with mid-cap equities.