Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
JPMorgan U.S. Tech Leaders ETF (JTEK)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: JTEK (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type ETF | Historic Profit 13.79% | Avg. Invested days 71 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 280113 | Beta - | 52 Weeks Range 55.66 - 85.28 | Updated Date 04/1/2025 |
52 Weeks Range 55.66 - 85.28 | Updated Date 04/1/2025 |
Upturn AI SWOT
JPMorgan U.S. Tech Leaders ETF
ETF Overview
Overview
The JPMorgan U.S. Tech Leaders ETF (JTEK) aims to provide investment results that closely correspond to the performance of the Hartford Funds U.S. Engineering Leaders Index, focusing on U.S. technology companies that exhibit financial strength and growth potential.
Reputation and Reliability
JPMorgan is a well-established and reputable financial institution with a long history in asset management.
Management Expertise
JPMorgan has a large and experienced team of portfolio managers and analysts overseeing its ETF products.
Investment Objective
Goal
The ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Hartford Funds U.S. Engineering Leaders Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the performance of an index that measures the performance of U.S. companies in the technology sector exhibiting financial strength and growth potential.
Composition The ETF primarily holds stocks of U.S. technology companies, screened based on financial metrics and growth characteristics.
Market Position
Market Share: JTEK's market share represents a portion of the broader technology ETF market.
Total Net Assets (AUM): 650000000
Competitors
Key Competitors
- XLK
- QQQ
- VGT
Competitive Landscape
The tech ETF market is highly competitive, dominated by large, established funds. JTEK competes with broader tech ETFs, it differentiates itself through its focus on financial strength and growth. This may provide differentiated risk-adjusted returns compared to market cap weighted ETFs but it also carries stock selection risk.
Financial Performance
Historical Performance: Historical performance data is not available in the current format.
Benchmark Comparison: The ETF's performance is compared to the Hartford Funds U.S. Engineering Leaders Index.
Expense Ratio: 0.19
Liquidity
Average Trading Volume
The average trading volume indicates moderate liquidity, allowing for relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept, indicating a cost of trading.
Market Dynamics
Market Environment Factors
Economic indicators, sector growth prospects, and market conditions all influence the performance of JTEK.
Growth Trajectory
The ETF's growth depends on the performance of the U.S. technology sector and the effectiveness of its stock selection methodology. The growth trajectory could be affected by changes in technology trends or market sentiment.
Moat and Competitive Advantages
Competitive Edge
JTEK's competitive advantage lies in its index methodology, which focuses on identifying technology companies with strong financials and growth potential. This quantitative approach aims to select companies that are well-positioned to outperform the broader market. The ETF's association with JPMorgan's brand provides credibility and access to distribution networks. However, the strategy is susceptible to model mis-specification.
Risk Analysis
Volatility
The ETF's volatility is tied to the volatility of the U.S. technology sector.
Market Risk
Specific risks include sector concentration risk, as the ETF is focused solely on technology companies, making it vulnerable to sector-specific downturns and interest rate risk.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking exposure to the U.S. technology sector and who believes in the potential of financially strong and growing companies.
Market Risk
This ETF may be suitable for long-term investors seeking growth, but who are comfortable with sector-specific risk.
Summary
JPMorgan U.S. Tech Leaders ETF (JTEK) provides exposure to U.S. technology companies with a focus on financial strength and growth, tracking the Hartford Funds U.S. Engineering Leaders Index. Its expense ratio is low at 0.19%. It competes in the broad tech ETF market dominated by larger ETFs like XLK and QQQ. This ETF carries sector specific market risk and might not be suitable for risk averse investors.
Similar Companies
- XLK
- QQQ
- VGT
- SMH
- IGV
- SOXX
Sources and Disclaimers
Data Sources:
- JPMorgan Asset Management
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market data is delayed per exchange requirements.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About JPMorgan U.S. Tech Leaders ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest primarily in equity securities issued by technology and technology-enabled companies which the adviser believes are leaders and where the magnitude and/or duration of future growth for these companies is underappreciated by the market.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.