(JPME) JPMorgan Diversified Return - Ratings and Ratios

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that invests at least 80% of its assets in securities included in its underlying index, which is designed to represent a diversified set of factor characteristics among U.S. mid-cap equity securities.

As a Mid-Cap Blend ETF, JPME is positioned to capture the performance of mid-sized U.S. companies, which can offer a balance between growth potential and relative stability. The funds underlying index is constructed to provide diversified exposure to various factor characteristics, potentially reducing reliance on any single factor and promoting a more balanced portfolio.

To evaluate JPMEs performance, key metrics to consider include its tracking error relative to its underlying index, expense ratio, and risk-adjusted returns. A lower tracking error and expense ratio can indicate more efficient tracking of the underlying index, while risk-adjusted returns can provide insight into the funds performance relative to its risk. Other relevant KPIs include the funds Sharpe ratio, which measures excess returns relative to the risk-free rate, and its information ratio, which assesses the funds risk-adjusted returns relative to its benchmark.

With an AUM of $356.43M, JPME has a moderate level of assets under management, which can impact its liquidity and trading costs. As an ETF, JPME offers intraday liquidity, allowing investors to buy and sell shares throughout the trading day. Investors should consider JPMEs overall cost structure, including trading costs and management fees, when evaluating its potential fit within their investment portfolios.