JIDE ETF — Holdings & Analysis

The JPMorgan International Dynamic ETF (JIDE) is an actively managed international equity ETF with $0.01 billion in assets under management and an expense ratio of 0.55%.

JIDE focuses on large- and mid-cap stocks in developed markets outside North America, employing a core, best-ideas portfolio construction approach. The fund integrates bottom-up fundamental analysis with data-driven insights, considering ESG factors to identify companies with positive fundamentals and improving outlooks at reasonable valuations, differentiating itself through active management and a flexible investment approach.

JPMorgan International Dynamic ETF (JIDE) ETF — Price, Holdings & Analysis

The JPMorgan International Dynamic ETF (JIDE) is an actively managed international equity ETF with $0.01 billion in assets under management and an expense ratio of 0.55%. JIDE focuses on large- and mid-cap stocks in developed markets outside North America, employing a core, best-ideas portfolio construction approach. The fund integrates bottom-up fundamental analysis with data-driven insights, considering ESG factors to identify companies with positive fundamentals and improving outlooks at reasonable valuations, differentiating itself through active management and a flexible investment approach.

ETF Overview

JIDE is an actively managed fund focused on large- and mid-cap stocks in developed markets outside North America, such as Japan, Europe, and the UK. With holdings similar to those found in the MSCI EAFE Index, it is unconstrained by style or sector and may invest in securities denominated in major global currencies. Utilizing a core, best ideas portfolio, the adviser combines bottom-up fundamental analysis with data-driven insights, aiming to identify companies with positive fundamentals and improving outlooks at reasonable valuations. Environmental, social, and governance (ESG) factors are also considered during the investment process. The fund may use derivatives, primarily exchange-traded futures, and can adjust allocations by country, sector, or security type based on market conditions and outlook. Holdings may be sold if fundamentals deteriorate, valuations become unattractive, or better opportunities arise.

JIDE is an actively managed ETF that targets developed international equity markets, excluding North America. The fund invests primarily in large- and mid-cap companies, similar to the MSCI EAFE Index, but is not constrained by specific styles or sectors. JIDE's investment process combines bottom-up fundamental analysis with data-driven insights to identify companies with strong fundamentals, improving outlooks, and reasonable valuations. ESG factors are also integrated into the investment selection process. The fund has significant exposure to countries like France (9.1%), Japan (6.6%), and Australia (5.1%), with a substantial portion (27.3%) allocated to other international markets. JIDE may utilize derivatives, such as exchange-traded futures, to manage risk and enhance returns, and can adjust allocations across countries, sectors, and individual securities based on market conditions and outlook. The fund's active management approach allows it to adapt to changing market dynamics and capitalize on investment opportunities as they arise.

Risk Metrics

As an actively managed international equity ETF, JIDE carries several risks. Its active management strategy relies on the manager's ability to select securities and adjust allocations effectively, which may not always result in outperformance. The fund's investments in international markets expose it to currency risk and political or economic instability in those regions. While the fund's country exposure is somewhat diversified, the allocation to 'Other' countries (27.3%) could introduce concentration risk if these holdings are correlated. The 0.55% expense ratio can create a drag on performance, especially in periods of lower returns. Past performance does not guarantee future results.

Expense Ratio

0.55%

How Is the Fund Allocated?

Country	Weight
Other	27.3%
France	9.1%
Israel	0.9%
Australia	5.1%
Japan	6.6%
United Kingdom	16.3%
Germany	9.9%
New Zealand	1.3%
Hong Kong	1.9%
Netherlands	10.8%

Dividend Yield

0.00%

First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) — 0.99% expense ratio
First Trust Developed Markets ex-US AlphaDEX Fund (FDT) — 0.80% expense ratio
First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) — 0.80% expense ratio
First Trust Europe AlphaDEX Fund (FEP) — 0.80% expense ratio
WisdomTree International High Dividend Fund (DTH) — 0.58% expense ratio
WisdomTree International Hedged Quality Dividend Growth Fund (IHDG) — 0.58% expense ratio
JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) — 0.15% expense ratio
WisdomTree Europe Hedged Equity Fund (HEDJ) — 0.58% expense ratio

JPMorgan Flexible Income ETF (JFLI) (Multi-Asset) — 0.35% expense ratio
JPMorgan U.S. Minimum Volatility ETF (JMIN) (Equity) — 0.12% expense ratio
JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) (International Equity) — 0.15% expense ratio
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) (US Equity) — 0.50% expense ratio
JPMorgan Fundamental Data Science Large Core ETF (LCDS) (US Equity) — 0.30% expense ratio
JPMorgan International Bond Opportunities ETF (JPIB) (Fixed Income) — 0.50% expense ratio

Questions & Answers

What is JIDE and what does it track?

JIDE, or the JPMorgan International Dynamic ETF, is an actively managed fund that invests in large- and mid-cap stocks in developed markets outside of North America.

It does not track a specific index but aims to provide capital appreciation by using a core, best-ideas portfolio construction approach.

What is the expense ratio for JIDE?

The expense ratio for JIDE is 0.55%. This means that for every $10,000 invested in the fund, $55 is used to cover the fund's operating expenses annually.

While this is higher than some passive international equity ETFs, it is important to consider that JIDE is actively managed, which typically incurs higher costs. The category average expense ratio for international equity ETFs is approximately 0.44%.

What are the top holdings in JIDE?

As an actively managed ETF, JIDE's holdings are subject to change. While a full list of holdings is available in the fund's prospectus, the fund focuses on large- and mid-cap stocks in developed markets outside North America.

The fund has significant exposure to countries like France (9.1%), Japan (6.6%), and Australia (5.1%). The fund's investment strategy focuses on identifying companies with strong fundamentals, improving outlooks, and reasonable valuations.

Is JIDE a good long-term investment?

Whether JIDE is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon.

As an actively managed international equity ETF, JIDE offers the potential for outperformance compared to passive benchmarks, but it also carries the risk of underperformance. The fund's 0.55% expense ratio should be considered, as it can impact long-term returns.

How does JIDE compare to similar ETFs?

JIDE differentiates itself through its active management approach, focusing on a core, best-ideas portfolio construction. While many international equity ETFs passively track indices like the MSCI EAFE, JIDE aims to outperform through security selection and strategic allocation adjustments.

The fund's expense ratio of 0.55% is higher than some passive ETFs but competitive with other actively managed funds in the category.

Does JIDE pay dividends?

According to the provided data, JIDE's dividend yield is 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

Investors seeking income from their investments may want to consider other international equity ETFs with a history of dividend payments. However, it's important to note that dividend yields can fluctuate over time and are not guaranteed.