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Sunday, August 23, 2026The Morning Brief →Sign in

Jpmorgan Active Small Cap Value ETF

$70.41+0.15% today
567252-WK

Under normal circumstances, the fund invests at least 80% of its assets in equity securities of small cap companies. Small cap companies are companies with market capitalizations equal to those within the universe of the Russell 2000® Value Index stocks at the time of purchase.

Price & daily flows
68.563.959.270.41DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$1M OVER THIS RANGE

The desk’s read

Money is leaving — −$345K walked out over the past month, about 1.3% of the fund's asset base, while the price has returned +21.4% so far this year. At 0.74% 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

$27Massets under management
0.74%expense ratio · $74 per $10,000 a year
−$345Knet flow, trailing month
755avg daily volume, 30 days
118holdings
2023listed March 5, 2023 · beta 0.63
Sector weights
Financial Services25.68%
Financials24.29%
Industrials16.11%
Consumer Discretionary12.69%
Information Technology9.47%
Consumer Cyclical9.07%
Technology8.64%
Real Estate8.49%
Energy8.18%
Healthcare6.36%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States98.53%
Other3.51%
Canada1.11%
Israel0.36%
Cayman Islands0.27%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-2.2%
1 month+2.1%
3 months+9.8%
6 months+13.3%
YTD+21.4%
1 year+16.9%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$355K
1 month−$345K
3 months−$320K
YTD−$920K
1 year−$1M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
12%realized volatility, 30 days (annualized)
14%realized volatility, 1 year
-9.0%deepest fall from a peak, 1 year
-2.2%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against JPSV

Due diligence cuts both ways. These funds sit on the same shelf and beat JPSV on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-69bp on fee · 4675× the assets · +$547M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-70bp on fee · 1232× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-70bp on fee · 1023× the assets · +$103M in over the monthHead-to-head
ILCG iShares Morningstar Growth ETF0.04%$3.3B+$7M-70bp on fee · 120× the assets · +$7M in over the monthHead-to-head
IMCB iShares Morningstar Mid-Cap ETF0.04%$1.7B+$15M-70bp on fee · 63× the assets · +$15M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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