JGLOJ.P. Morgan
JPMorgan Global Select Equity ETF
$73.49+0.57% today
637552-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$1.3B OVER THIS RANGE
The desk’s read
Money is leaving — −$371M walked out over the past month, about 5.6% of the fund's asset base, while the price has returned +8.0% so far this year. At 0.47% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$6.7Bassets under management
0.47%expense ratio · $47 per $10,000 a year
−$371Mnet flow, trailing month
381Kavg daily volume, 30 days
84holdings
2023listed September 11, 2023 · beta 0.93
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -1.4% |
| 1 month | +4.2% |
| 3 months | +3.7% |
| 6 months | +5.9% |
| YTD | +8.0% |
| 1 year | +9.4% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | −$16M |
| 1 month | −$371M |
| 3 months | −$671M |
| YTD | −$1B |
| 1 year | −$1.3B |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
13%realized volatility, 30 days (annualized)
13%realized volatility, 1 year
-9.5%deepest fall from a peak, 1 year
-1.6%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
The case against JGLO
Due diligence cuts both ways. These funds sit on the same shelf and beat JGLO on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | -43bp on fee · 5× the assets · +$104M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $193.2B | +$631M | -40bp on fee · 29× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | -38bp on fee · 24× the assets · +$1.9B in over the month | Head-to-head |
| IAGG iShares Core International Aggregate Bond ETF | 0.07% | $11.4B | +$739M | -40bp on fee · 2× the assets · +$739M in over the month | Head-to-head |
| IXUS iShares Core MSCI Total International Stock ETF | 0.07% | $46.2B | — | -40bp on fee · 7× the assets | Head-to-head |