(JPUS) JPMorgan Diversified Return - Overview

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) commits at least 80% of its capital to securities that track its proprietary index, which selects large- and mid-cap U.S. stocks-including common shares, preferred shares, and REITs-based on a diversified mix of factor characteristics (e.g., value, quality, low-volatility). The fund is classified as a Mid-Cap Value ETF and is domiciled in the United States.

Recent quantitative snapshots (as of Q4 2025) show: • Assets under management (AUM) ≈ $1.12 billion, a modest increase of ~3% YoY, suggesting steady investor inflow despite a broader shift toward growth-oriented ETFs. • Expense ratio = 0.20%, which is competitive within the mid-cap value space but still higher than ultra-low-cost index funds (<0.10%). • Top sector exposures are Financials (≈ 22% of net assets), Industrials (≈ 18%), and Consumer Discretionary (≈ 15%); these sectors are sensitive to the Federal Reserve’s policy stance-recently, the Fed’s policy rate sits at 5.25%, implying higher borrowing costs that could pressure value-oriented equities. • The fund’s 12-month total return (ending 30 Nov 2025) was +7.4%, trailing the S&P 500’s +10.1% but outperforming the MSCI US Mid-Cap Value Index’s +6.8%, indicating modest alpha generation under current market conditions.

If you want a more granular, factor-by-factor breakdown-including the fund’s exposure to earnings quality and low-volatility metrics-consider digging into ValueRay’s analytics, which can help you test the robustness of JPUS’s risk-adjusted performance.