Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. 0.24% expense ratio, $2.2B AUM, 607 holdings, inception 1998.
JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE) ETF — Price, Holdings & Analysis
Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. 0.24% expense ratio, $2.2B AUM, 607 holdings, inception 1998.
ETF Overview
Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. The index is an index which includes stocks of small- and mid-capitalization companies. The fund may use futures contracts to gain or reduce exposure to its index, maintain liquidity and minimize transaction costs.
Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. The index is an index which includes stocks of small- and mid-capitalization companies. The fund may use futures contracts to gain or reduce exposure to its index, maintain liquidity and minimize transaction costs. JPMorgan Small & Mid Cap Enhanced Equity ETF provides exposure to the us equity market. The portfolio is broadly diversified with 607 holdings. Sector allocation is spread across 12 sectors, with Industrials as the largest at 22.1%.
Risk Metrics
With 607 holdings, the fund offers broad diversification that mitigates individual security risk. As with all ETFs, the fund is subject to market risk and its value will fluctuate with market conditions. Past performance does not guarantee future results. the may be worth researching fund's investment objectives, risks, charges, and expenses carefully before investing.
What is JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE)?
Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. The index is an index which includes stocks of small- and mid-capitalization companies. It holds 607 securities. With $2.2B in assets under management, it is one of the larger funds in its category.
What is the expense ratio for JMEE?
JPMorgan Small & Mid Cap Enhanced Equity ETF has an expense ratio of 0.24%, which is considered low for us equity ETFs. This means for every $10,000 invested, annual fees would be approximately $24. Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in JMEE?
The three largest positions in JPMorgan Small & Mid Cap Enhanced Equity ETF are JPMorgan Prime Money Market IM (JIMXX, 2.4%), Lumentum Holdings Inc (LITE, 0.9%), Coherent Corp (COHR, 0.9%). Together these top three holdings represent 4.2% of the fund, out of 607 total positions. The fund is relatively diversified across its holdings.
What sectors does JMEE invest in?
JPMorgan Small & Mid Cap Enhanced Equity ETF allocates across 12 sectors. The largest sector exposures are Industrials (22.1%), Financial Services (15.0%), Technology (14.7%). The sector allocation provides broad market exposure across multiple industries.
How long has JMEE been around?
JPMorgan Small & Mid Cap Enhanced Equity ETF was launched in 1998, making it 28 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by J.P. Morgan.