Is JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) a Strong ETF Right Now?

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Making its debut on 05/11/2016, smart beta exchange traded fund JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) provides investors broad exposure to the Style Box - Mid Cap Blend category ...

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Mid Cap Blend category ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jpmorgan-diversified-return-u-mid-102007775.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FDN","symbol_name":"First Trust Dow Jones Internet I","start_time":0,"source_url":"https://finance.yahoo.com/news/jpmorgan-diversified-return-u-mid-102007775.html","article_id":"2460908049","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/QOfludHza1dTKV8R6Coeiw--~B/aD02MDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/48ad4265c55e3ba7a1fb9148d6e717d9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2460908049","pubTimestamp":1724062807,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Making its debut on 05/11/2016, smart beta exchange traded fund JPMorgan Diversified Return U.S. Mid Cap Equity ETF  provides investors broad exposure to the Style Box - Mid Cap Blend category of the market.For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency.On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta.These indexes attempt to select stocks that have better chances of risk-return performance, based on certain fundamental characteristics or a combination of such characteristics.Year-to-date, ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FDN":"First Trust Dow Jones Internet I","BK4144":"石油与天然气的储存和运输","FANG":"Diamondback Energy","IJH":"标普中型股400指数ETF-iShares","JPM":"摩根大通","VO":"Vanguard Mid-Cap ETF","BK4127":"投资银行业与经纪业","BK4550":"红杉资本持仓","JPME":"JPMorgan Diversified Return U.S. Mid Cap Equity ETF","TRGP":"Targa Resources Corp","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4213":"石油与天然气的勘探与生产","JEF":"杰富瑞"},"translate_title":"摩根大通多元化回报美国中型股票ETF(JPME)目前是一只强劲的ETF吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FANG":1,"FDN":1,"IJH":1,"JEF":1,"JPME":1,"TRGP":1,"VO":1,"JPM":0.9},"content_text":"Making its debut on 05/11/2016, smart beta exchange traded fund JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) provides investors broad exposure to the Style Box - Mid Cap Blend category of the market.\nWhat Are Smart Beta ETFs?\nFor a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.\nMarket cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency.\nOn the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta.\nThese indexes attempt to select stocks that have better chances of risk-return performance, based on certain fundamental characteristics or a combination of such characteristics.\nThis area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results.\nFund Sponsor & Index\nThe fund is managed by J.P. Morgan, and has been able to amass over $395.71 million, which makes it one of the average sized ETFs in the Style Box - Mid Cap Blend. This particular fund, before fees and expenses, seeks to match the performance of the Russell Midcap Diversified Factor Index.\nThe JP Morgan Diversified Factor US Mid Cap Equity Index utilizes a rules-based approach that combines risk-based portfolio construction with multi-factor security selection, including value, quality and momentum factors.\nCost & Other Expenses\nExpense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same.\nWith on par with most peer products in the space, this ETF has annual operating expenses of 0.24%.\nIt has a 12-month trailing dividend yield of 1.79%.\nSector Exposure and Top Holdings\nWhile ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.\nRepresenting 11.90% of the portfolio, the fund has heaviest allocation to the Industrials sector; Healthcare and Real Estate round out the top three.\nWhen you look at individual holdings, Jefferies Financial (JEF) accounts for about 0.46% of the fund's total assets, followed by Targa Resources Corp (TRGP) and Diamondback Energy Inc (FANG).\nThe top 10 holdings account for about 4.3% of total assets under management.\nPerformance and Risk\nYear-to-date, the JPMorgan Diversified Return U.S. Mid Cap Equity ETF has added roughly 9.83% so far, and is up about 16.83% over the last 12 months (as of 08/19/2024). JPME has traded between $79.30 and $100.94 in this past 52-week period.\nThe fund has a beta of 1.04 and standard deviation of 16.87% for the trailing three-year period. With about 361 holdings, it effectively diversifies company-specific risk.\nAlternatives\nJPMorgan Diversified Return U.S. Mid Cap Equity ETF is a reasonable option for investors seeking to outperform the Style Box - Mid Cap Blend segment of the market. However, there are other ETFs in the space which investors could consider.\nVanguard Mid-Cap ETF (VO) tracks CRSP US Mid Cap Index and the iShares Core S&P Mid-Cap ETF (IJH) tracks S&P MidCap 400 Index. Vanguard Mid-Cap ETF has $66.19 billion in assets, iShares Core S&P Mid-Cap ETF has $87.31 billion. VO has an expense ratio of 0.04% and IJH charges 0.05%.\nInvestors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Mid Cap Blend.\nBottom Line\nTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nJPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME): ETF Research Reports\nJefferies Financial Group Inc. (JEF) : Free Stock Analysis Report\nDiamondback Energy, Inc. (FANG) : Free Stock Analysis Report\nTarga Resources, Inc. (TRGP) : Free Stock Analysis Report\niShares Core S&P Mid-Cap ETF (IJH): ETF Research Reports\nVanguard Mid-Cap ETF (VO): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2460908049"}