Key stats
About JPMorgan U.S. Tech Leaders ETF
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Inception date
Oct 4, 2023
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
US46654Q7328
JTEK actively manages a portfolio of potential tech leaders from various industries. The adviser identifies US equities that exhibit disruptive business models, sustainable competitive advantages, large addressable markets, and a proven management team. The fund targets companies with underappreciated growth, assessed by analyzing company revenues, profit margins, and free cash flows against the consensus expectations over time. The fund focuses on the technology and communication services sectors and tech-enabled firms. Tech-enabled firms leverage new technologies to enhance their business. These may include electronics, engineering and construction, transportation, auto manufacturers, auto parts and equipment, entertainment, leisure time, retail, biotechnology, commercial services, healthcare services, pharmaceuticals, diversified financials, insurance, REITs, advertising, media, and energy-alternate sources. The adviser may integrate ESG factors into the selection process.
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
Technology Services
Electronic Technology
Stocks98.66%
Technology Services57.36%
Electronic Technology18.49%
Retail Trade8.72%
Consumer Durables3.56%
Finance2.76%
Commercial Services2.74%
Producer Manufacturing1.90%
Transportation1.61%
Consumer Services1.35%
Communications0.17%
Bonds, Cash & Other1.34%
Cash1.34%
Stock breakdown by region
North America86.85%
Asia8.00%
Europe3.18%
Latin America1.97%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JTEK invests in stocks. The fund's major sectors are Technology Services, with 57.36% stocks, and Electronic Technology, with 18.49% of the basket. The assets are mostly located in the North America region.
JTEK top holdings are NVIDIA Corporation and Robinhood Markets, Inc. Class A, occupying 4.71% and 4.36% of the portfolio correspondingly.
JTEK assets under management is 2.63 B USD. It's risen 13.12% over the last month.
JTEK fund flows account for 1.53 B 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.
No, JTEK doesn't pay dividends to its holders.
JTEK shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Oct 4, 2023, and its management style is Active.
JTEK expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
JTEK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JTEK invests in stocks.
JTEK price has risen by 6.78% over the last month, and its yearly performance shows a 32.89% increase. See more dynamics on JTEK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.11% over the last month, showed a 9.05% increase in three-month performance and has increased by 33.79% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.11% over the last month, showed a 9.05% increase in three-month performance and has increased by 33.79% in a year.
JTEK trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.