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ETFs

JPMorgan Diversified Return US Equity ETF

JPUS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 29 2015
Expense Ratio
0.18%
Type
US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$1,621,858
AUM
$438,606,914
Associated Index
JP Morgan Diversified Factor US Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CASY
Casey`s General Stores, Inc.
0.47%
MCK
Mckesson Corporation
0.44%
COR
Cencora Inc.
0.44%
CHTR
Charter Communications Inc. - Ordinary Shares - Class A
0.44%
MPC
Marathon Petroleum Corp
0.44%
KHC
Kraft Heinz Co
0.43%
VST
Vistra Corp
0.43%
ACI
Albertsons Companies Inc - Ordinary Shares - Class A
0.43%
TMUS
T-Mobile US Inc
0.42%
ABBV
Abbvie Inc
0.42%
Invest with JPUS

What is JPUS?

The Fund seeks investment results that closely correspond,before fees and expenses, to the performance of the JP MorganDiversified Factor US Equity Index (the Underlying Index). TheFund will invest at least 80% of its Assets in securities includedin the Underlying Index. Assets means net assets, plus theamount of borrowing for investment purposes. The UnderlyingIndex is comprised of U.S. equity securities selected torepresent a diversified set of factor characteristics, as describedbelow. The Fund s adviser is the sponsor of the Underlying Indexand developed the proprietary factors on which the UnderlyingIndex is based. FTSE International Limited, the BenchmarkAdministrator, administers, calculates and governs the Underly-ing Index. Holdings in the Underlying Index are selected primar-ily from the constituents of the Russell 1000 Index, a broaderRussell index, which is comprised of large- and mid-cap equitysecurities in the United States. Through diversification, theUnderlying Index is designed to more evenly distribute riskacross sectors and individual securities. In the Underlying Index,weightings to sectors are adjusted based on their historicalvolatility to attempt to balance risk across sectors in the overallportfolio. The Underlying Index is diversified across the follow-ing sectors: basic materials, consumer services, consumergoods, financials, health care, industrials, oil & gas, technology,telecommunications and utilities. The rules based proprietarymulti-factor selection process utilizes the followingcharacteristics: value, momentum, and quality. The UnderlyingIndex is designed so that each of the individual characteristics isgiven equal input in security selection. Over time, the factorswill have varying degrees of influence on the performance ofthe Underlying Index. The Fund s securities are large- and mid-cap equity securities of U.S. companies, including commonstock, preferred stock and real estate investment trusts.

ETFs related toJPUS

ETFs correlated to JPUS include JPME, SCHV, IWD

JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
VOE
Vanguard Group, Inc. - Vanguard Mid-Cap Value ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value ETF
ROUS
Lattice Strategies Trust - Hartford Multifactor US Equity 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 toJPUS

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with JPUS using Composer

FAQ

JPUS is a US Equities ETF. The Fund seeks investment results that closely correspond,before fees and expenses, to the performance of the JP MorganDiversified Factor US Equity Index (the Underlying Index). TheFund will invest at least 80% of its Assets in securities includedin the Underlying Index. Assets means net assets, plus theamount of borrowing for investment purposes. The UnderlyingIndex is comprised of U.S. equity securities selected torepresent a diversified set of factor characteristics, as describedbelow. The Fund s adviser is the sponsor of the Underlying Indexand developed the proprietary factors on which the UnderlyingIndex is based. FTSE International Limited, the BenchmarkAdministrator, administers, calculates and governs the Underly-ing Index. Holdings in the Underlying Index are selected primar-ily from the constituents of the Russell 1000 Index, a broaderRussell index, which is comprised of large- and mid-cap equitysecurities in the United States. Through diversification, theUnderlying Index is designed to more evenly distribute riskacross sectors and individual securities. In the Underlying Index,weightings to sectors are adjusted based on their historicalvolatility to attempt to balance risk across sectors in the overallportfolio. The Underlying Index is diversified across the follow-ing sectors: basic materials, consumer services, consumergoods, financials, health care, industrials, oil & gas, technology,telecommunications and utilities. The rules based proprietarymulti-factor selection process utilizes the followingcharacteristics: value, momentum, and quality. The UnderlyingIndex is designed so that each of the individual characteristics isgiven equal input in security selection. Over time, the factorswill have varying degrees of influence on the performance ofthe Underlying Index. The Fund s securities are large- and mid-cap equity securities of U.S. companies, including commonstock, preferred stock and real estate investment trusts.

JPUS tracks the JP Morgan Diversified Factor US Equity Index.

No, JPUS is not actively managed. It is passively 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.

Yes, JPUS is passively 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 JPUS is -0.0103%. This is the percent change in the value of JPUS over the most recent 1-month period. The 3-month return on JPUS is 0.0024%. This is the percent change in the value of JPUS over the most recent 3-month period.

The standard deviation of JPUS for the past year is 0.159%. 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 JPUS include SPHQ, SPHB, and DSI.

ETFs correlated to JPUS include JPME, SCHV, and IWD.

ETFs that are inversely correlated to JPUS include DOG, SDOW, and DXD.

Disclaimers

*

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.