JPMorgan International Research Enhanced Equity ETF
Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It seeks to outperform the MSCI EAFE Index over time while maintaining similar risk characteristics, including sector and geographic risks. In implementing its strategy, the fund primarily invests in securities included within the universe of the index. In addition, it may also invest in securities not included within the index. The fund only invests in the securities of companies located in developed markets.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$1.3B OVER THIS RANGE
Money is leaving — −$126M walked out over the past month, about 1.1% of the fund's asset base, while the price has returned +12.5% so far this year. At 0.24% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.6% |
| 1 month | +4.8% |
| 3 months | +5.7% |
| 6 months | +4.7% |
| YTD | +12.5% |
| 1 year | +16.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | −$126M |
| 3 months | −$62M |
| YTD | −$82M |
| 1 year | +$1.3B |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat JIRE 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 | -20bp on fee · 3× the assets · +$104M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $193.2B | +$631M | -17bp on fee · 17× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | -15bp on fee · 14× the assets · +$1.9B in over the month | Head-to-head |
| IAGG iShares Core International Aggregate Bond ETF | 0.07% | $11.4B | +$739M | -17bp on fee · +$739M in over the month | Head-to-head |
| IXUS iShares Core MSCI Total International Stock ETF | 0.07% | $46.2B | — | -17bp on fee · 4× the assets | Head-to-head |