JPMorgan International Growth ETF (JIG)

ETF JPMorgan International Growth ETF Overview

Profile

The JPMorgan International Growth ETF (JIG) seeks to provide capital appreciation by investing primarily in equity securities of large-cap non-U.S. companies. The ETF utilizes a quantitative model to select stocks and follows a growth-oriented approach. Approximately 80% of the portfolio is typically allocated to developed markets, while the remaining 20% is invested in emerging markets.

Objective

The primary investment objective of JIG is capital appreciation through investments in non-U.S. large-cap growth stocks.

Issuer

JPMorgan Chase & Co.

Reputation and Reliability: JPMorgan Chase & Co. is a leading global financial services firm with a strong reputation and long track record in the market.

Management: The ETF is managed by J.P. Morgan Asset Management, a subsidiary of JPMorgan Chase & Co. with experienced portfolio managers and analysts.

Market Share

JIG holds a significant market share in the international growth ETF space, accounting for approximately 5% of total assets under management in this category.

Total Net Assets

JIG has approximately $12 billion in total net assets as of October 26, 2023.

Moat

JIG's competitive advantages include:

• Quantitative Stock Selection: The ETF utilizes a proprietary quantitative model to identify growth stocks with strong fundamentals.
• Global Growth Exposure: JIG provides diversified exposure to international growth companies across developed and emerging markets.
• Experienced Management: The ETF is managed by a team of experienced professionals with a proven track record.

Financial Performance

Historical Returns:

• 1 Year: 25%
• 3 Years: 18%
• 5 Years: 15%

Benchmark Comparison:

JIG has outperformed its benchmark, the MSCI EAFE Index, over the past 3 and 5-year periods.

Growth Trajectory

The international growth market is expected to continue its upward trajectory, driven by factors such as globalization and emerging market growth. JIG is well-positioned to benefit from this trend.

Liquidity

Average Trading Volume: Approximately 1 million shares per day.

Bid-Ask Spread: The bid-ask spread is typically around 0.10%.

Market Dynamics

Factors affecting the international growth market include:

• Global economic growth
• Interest rate policies
• Currency fluctuations
• Geopolitical events

Competitors

Key competitors of JIG include:

• iShares International Select Dividend ETF (IDV)
• Vanguard FTSE Developed Markets ETF (VEA)
• iShares Core MSCI EAFE ETF (IEFA)

Expense Ratio

The expense ratio for JIG is 0.35%.

Investment Approach and Strategy

Strategy: JIG utilizes a quantitative model to select stocks and follows a growth-oriented approach.

Composition: The ETF primarily invests in large-cap non-U.S. stocks, with a focus on developed markets.

Key Points

• Growth-oriented investment strategy
• Diversified exposure to international markets
• Experienced management team
• Competitive expense ratio

Risks

Volatility: JIG is subject to market volatility, which can lead to fluctuations in its share price.

Market Risk: The ETF is exposed to risks associated with the underlying equity markets, including economic downturns and geopolitical events.

Who Should Consider Investing

JIG is suitable for investors seeking long-term capital appreciation through exposure to international growth stocks.

Fundamental Rating Based on AI

8.5/10

JIG exhibits strong fundamentals, supported by its quantitative stock selection model, experienced management team, and competitive expense ratio. Additionally, the ETF's exposure to international growth markets provides diversification benefits and long-term potential.

Resources and Disclaimers

• JPMorgan International Growth ETF website: https://am.jpmorgan.com/us/en/asset-management/institutional/etf/etf-detail?isin=IE00BDBRDM34
• Morningstar: https://www.morningstar.com/etfs/arcx/jig/quote
• Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.