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

JPMorgan ActiveBuilders U.S. Large Cap Equity ETF

$68.96+0.39% today
577052-WK

Under normal circumstances, at least 80% of the fund’s assets will be invested in the equity securities of large, well-established companies located in the United States. Large, well-established companies are companies with market capitalizations similar to those within the universe of the S&P 500 Index (the Benchmark). The fund will invest primarily in the securities of large cap market capitalization companies, although the fund may also invest in mid cap securities. The equity securities in which the fund may invest will primarily consist of common stock of U.S. companies.

Price & daily flows
67.463.760.068.96DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +11.7% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$28Massets under management
expense ratio
net flow, trailing month
199Kavg daily volume, 30 days
258holdings · US-domiciled
2021listed July 5, 2021 · beta 0.98
Sector weights
Technology26.71%
Healthcare14.22%
Financial Services13.42%
Consumer Cyclical11.7%
Industrials8.76%
Communication Services7.8%
Energy5.45%
Consumer Defensive4.53%
Basic Materials2.92%
Utilities2.9%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States93.37%
Other2.74%
Ireland2.33%
United Kingdom0.78%
Netherlands0.45%
Switzerland0.32%
Uruguay0.3%
Luxembourg0.06%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.6%
1 month+3.6%
3 months+2.9%
6 months+10.8%
YTD+11.7%
1 year+17.8%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
13%realized volatility, 30 days (annualized)
13%realized volatility, 1 year
-9.1%deepest fall from a peak, 1 year
-1.7%where it sits vs. that peak today

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

The case against JUSA

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

FundFeeAssetsFlow, 1MThe case
SPY SPDR S&P 500 ETF Trust0.09%$818.3B+$2.8B28831× the assets · +$2.8B in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M4523× the assets · +$547M in over the monthHead-to-head
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M3451× the assets · +$245M in over the monthHead-to-head
IVW iShares S&P 500 Growth ETF0.18%$77.4B+$322M2729× the assets · +$322M in over the monthHead-to-head
IVE iShares S&P 500 Value ETF0.18%$50.4B+$51M1776× the assets · +$51M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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