Key stats
About JPMorgan Small & Mid Cap Enhanced Equity ETF
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Inception date
May 6, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
ISIN
US46641Q1186
JMEE uses an enhanced index approach to invest in US mid- and small-cap equities. The fund adviser considers stocks from the S&P 600 and S&P 400 using a proprietary ranking system based on company fundamentals. Securities ranked at the top of their sector are selected. Based on the advisers assessment of opportunities and risk, the fund may adjust individual holdings, sectors, and industries compared to the benchmark index. Securities are sold when perceived opportunities no longer exist or the company is removed from the benchmark. Derivatives may be used to gain exposure to the indexes, manage cash flow, or minimize transaction costs. The fund seeks to modestly exceed the total return of the S&P 1000 index over the long term with modest divergence to the index. JMEE launched from a mutual fund conversion, starting with $938 million in assets. Prior to Sep. 30, 2024, the fund was called JPMorgan Market Expansion Enhanced Equity ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks98.14%
Finance24.99%
Electronic Technology9.86%
Producer Manufacturing9.61%
Technology Services6.81%
Health Technology6.18%
Industrial Services5.46%
Retail Trade5.05%
Consumer Services4.35%
Process Industries4.05%
Distribution Services2.67%
Consumer Durables2.56%
Transportation2.54%
Energy Minerals2.49%
Non-Energy Minerals2.41%
Utilities2.29%
Consumer Non-Durables2.13%
Commercial Services2.13%
Health Services1.65%
Communications0.77%
Miscellaneous0.15%
Bonds, Cash & Other1.86%
Cash1.86%
Stock breakdown by region
North America98.49%
Europe1.51%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JMEE invests in stocks. The fund's major sectors are Finance, with 24.99% stocks, and Electronic Technology, with 9.86% of the basket. The assets are mostly located in the North America region.
JMEE last dividends amounted to 0.57 USD. The year before, the issuer paid 0.67 USD in dividends, which shows a 16.52% decrease.
JMEE assets under management is 2.06 B USD. It's risen 4.15% over the last month.
JMEE fund flows account for 577.20 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, JMEE pays dividends to its holders with the dividend yield of 0.90%. The last dividend (Dec 27, 2024) amounted to 0.57 USD. The dividends are paid annually.
JMEE shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on May 6, 2022, and its management style is Active.
JMEE expense ratio is 0.24% meaning you'd have to pay 0.24% of your investment to help manage the fund.
JMEE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JMEE invests in stocks.
JMEE price has risen by 4.32% over the last month, and its yearly performance shows a 5.37% increase. See more dynamics on JMEE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.85% over the last month, showed a 9.85% increase in three-month performance and has increased by 6.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.85% over the last month, showed a 9.85% increase in three-month performance and has increased by 6.66% in a year.
JMEE trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.