JPMorgan Diversified Return U.S. Mid Cap Equity ETF
The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1M SHOWN · NET +$10M OVER THIS RANGE
Money keeps arriving — +$10M of net buying over the past month, about 2.0% of the fund's asset base, while the price has returned +16.7% so far this year. At 0.24% a year it is not the cheapest way in — SCHD runs the same ground at 0.06%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.5% |
| 1 month | +1.8% |
| 3 months | +5.3% |
| 6 months | +8.2% |
| YTD | +16.7% |
| 1 year | +18.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$6M |
| 1 month | +$10M |
| 3 months | +$16M |
| YTD | +$31M |
| 1 year | +$39M |
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 JPME 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 | |
|---|---|---|---|---|---|
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $128.4B | +$547M | -19bp on fee · 266× the assets · +$547M in over the month | Head-to-head |
| IMCB iShares Morningstar Mid-Cap ETF | 0.04% | $1.7B | +$15M | -20bp on fee · 4× the assets · +$15M in over the month | Head-to-head |
| VO Vanguard Mid Cap Index Fund | 0.04% | $68.1B | — | -20bp on fee · 141× the assets | Head-to-head |
| IMCG iShares Morningstar Mid-Cap Growth ETF | 0.06% | $4.2B | +$69M | -18bp on fee · 9× the assets · +$69M in over the month | Head-to-head |
| IMCV iShares Morningstar Mid-Cap Value ETF | 0.06% | $1.2B | +$20M | -18bp on fee · 2× the assets · +$20M in over the month | Head-to-head |