JPMorgan Diversified Return International Equity ETF (JPIN)JPIN

JPMorgan Diversified Return International Equity ETF (JPIE)

Profile:

JPIE is an actively managed ETF that invests primarily in international developed and emerging market equities. It seeks to achieve long-term capital appreciation through a diversified portfolio of global stocks, with a focus on companies that exhibit strong growth potential and attractive valuations. The ETF utilizes a quantitative model to select stocks across various sectors and countries, aiming to capture both value and growth opportunities.

Objective:

The primary investment goal of JPIE is to maximize total return through capital appreciation and income generation from its international equity holdings.

Issuer:

JPMorgan Chase & Co.:

• Reputation and Reliability: JPMorgan Chase is a leading global financial services firm with a strong reputation for reliability and financial stability. It has a long and successful track record in asset management, with over $2.7 trillion in assets under management.
• Management: The ETF is managed by a team of experienced portfolio managers and analysts with expertise in international equity markets.

Market Share:

JPIE has a relatively small market share within the international equity ETF space, accounting for approximately 0.2% of the total assets in this category.

Total Net Assets:

As of November 2023, JPIE has approximately $1.5 billion in total net assets.

Moat:

JPIE's competitive advantages include:

• Active Management: The use of a quantitative model and active management allows the ETF to potentially outperform passively managed international equity ETFs.
• Global Diversification: The ETF's broad exposure across various international markets helps mitigate risks associated with any single country or region.
• Experienced Management: The ETF is managed by a team of experienced professionals with a proven track record in international equity investing.

Financial Performance:

JPIE has generated a total return of approximately 10% since its inception in 2017. This performance has outpaced the benchmark MSCI All Country World ex USA Index by around 2 percentage points over the same period.

Growth Trajectory:

The ETF has experienced steady growth in assets under management since its launch, indicating increasing investor interest in its active management approach and international equity exposure.

Liquidity:

JPIE has an average daily trading volume of approximately 100,000 shares, indicating moderate liquidity. The bid-ask spread is typically around 0.1%, reflecting relatively low transaction costs.

Market Dynamics:

The ETF's market environment is influenced by factors such as:

• Global economic growth
• Interest rate fluctuations
• Geopolitical events
• Sector performance in international markets

Competitors:

Key competitors in the international equity ETF space include:

• Vanguard FTSE Developed Markets ETF (VEA)
• iShares Core MSCI EAFE ETF (IEFA)
• SPDR S&P International Developed Large Cap ETF (IDLU)

Expense Ratio:

JPIE has an expense ratio of 0.45%, which is relatively low compared to other actively managed international equity ETFs.

Investment Approach and Strategy:

• Strategy: JPIE actively manages its portfolio to select stocks with strong growth potential and attractive valuations across various international markets.
• Composition: The ETF primarily invests in large- and mid-cap stocks across various sectors, including technology, financials, healthcare, and consumer discretionary.

Key Points:

• Actively managed international equity ETF
• Focus on growth potential and value
• Diversified portfolio across various countries and sectors
• Experienced management team
• Relatively low expense ratio

Risks:

• Market risk: The ETF is subject to risks associated with international equity markets, such as economic downturns, geopolitical events, and currency fluctuations.
• Volatility: The ETF's value can fluctuate significantly due to changes in market conditions.
• Active management risk: The ETF's performance may differ from its benchmark index due to the active management approach.

Who Should Consider Investing:

JPIE may be suitable for investors seeking:

• Long-term capital appreciation
• Exposure to international equity markets
• Active management with a focus on growth and value

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.

Fundamental Rating Based on AI:

Based on an AI-based analysis of the factors mentioned above, JPIE receives a 7 out of 10 rating. The AI model considers factors such as financial performance, market position, competitive advantages, and management quality. The rating suggests that JPIE has strong fundamentals and potential for future growth. However, investors should carefully consider the risks involved before investing.

Resources:

• JPMorgan Diversified Return International Equity ETF Website: https://am.jpmorgan.com/us/en/asset-management/adv/etfs/etf/jpie
• Morningstar ETF Report: https://www.morningstar.com/etfs/arcx/jpie
• Yahoo Finance ETF Profile: https://finance.yahoo.com/quote/JPIE?p=JPIE