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ETFs

JPMorgan Market Expansion Enhanced Equity ETF

JMEE
$--
Today’s Change
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Snapshot
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Inception Date
Jul 31 1998
Expense Ratio
0.24%
Type
US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$861,587
AUM
$840,147,203
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BLDR
Builders Firstsource Inc
1.05%
JBL
Jabil Inc
0.93%
RS
Reliance Steel & Aluminum Co.
0.75%
UTHR
United Therapeutics Corp
0.71%
TOL
Toll Brothers Inc.
0.71%
EME
Emcor Group, Inc.
0.69%
NVT
nVent Electric plc
0.62%
CLH
Clean Harbors, Inc.
0.61%
EXEL
Exelixis Inc
0.60%
CASY
Casey`s General Stores, Inc.
0.59%
Invest with JMEE

What is JMEE?

Under normal circumstances, the Fund will hold at least 80% of its Assets in stocks in the S&P 1000 Index. It combines a proprietary stock ranking system with fundamental analysis to identify the most attractive stocks in the S&P 1000 Index. Owns a large portion of stocks in the S&P 1000 Index, modestly overweighting higher-ranked stocks and underweighting lower-ranked stocks.

ETFs related toJMEE

ETFs correlated to JMEE include MDY, SPMD, IJH

JMEE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Market Expansion Enhanced Equity ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toJMEE

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JMEE using Composer

FAQ

JMEE is a US Equities ETF. Under normal circumstances, the Fund will hold at least 80% of its Assets in stocks in the S&P 1000 Index. It combines a proprietary stock ranking system with fundamental analysis to identify the most attractive stocks in the S&P 1000 Index. Owns a large portion of stocks in the S&P 1000 Index, modestly overweighting higher-ranked stocks and underweighting lower-ranked stocks.

Yes, JMEE is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, JMEE is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JMEE is -0.0207%. This is the percent change in the value of JMEE over the most recent 1-month period. The 3-month return on JMEE is 0.0032%. This is the percent change in the value of JMEE over the most recent 3-month period.

The standard deviation of JMEE for the past year is 0.207%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JMEE include SPHQ, DSI, and QUAL.

ETFs correlated to JMEE include MDY, SPMD, and IJH.

ETFs that are inversely correlated to JMEE include RWM, TZA, and TWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.