- CEO
- Thomas Buckingham CFA
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- Sep 14, 2023
- Business
- JPMorgan International Value ETF (JIVE), a series of J.P. Morgan Exchange-Traded Fund Trust, is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities and equity-related instruments of foreign companies domiciled in developed and emerging markets outside the United States, across all market capitalizations; the fund employs proprietary fundamental and quantitative research to construct a style-pure value-oriented portfolio of fundamentally sound companies exhibiting attractive valuations, with consideration of environmental, social, and governance (ESG) factors; it benchmarks performance against the MSCI ACWI ex USA Value Index (net total return), while its regulatory benchmark is the MSCI ACWI ex USA Index (net total return).
The ETF's portfolio comprises approximately 345-366 holdings with sector allocations emphasizing financials (36.6%), energy (9.6%), consumer discretionary (9.1%), industrials (10.5%), and materials (7.8%), among others; top holdings as of late 2025 include Roche Holding AG (1.7%), HSBC Holdings plc (1.7%), Samsung Electronics Co. (1.6%), Shell plc (1.5%), and Mitsubishi UFJ Financial Group (1.3%); regional exposure spans EMEA (51.9%), Asia ex-Japan (23.4%), Japan (16.0%), North America (5.3%), LATAM (2.8%), and other areas.
JIVE was launched on September 13, 2023, and is domiciled in the United States with administrative operations tied to J.P. Morgan Asset Management, a division of JPMorgan Chase & Co. headquartered in New York; the fund maintains an expense ratio of 0.55% (gross and net), with assets under management reaching approximately $780-$956 million as of mid-to-late 2025.
Recent developments include robust asset growth and strong performance, delivering year-to-date returns of around 37% at NAV and since-inception annualized returns exceeding 26% through September 2025, alongside a Morningstar Silver Medalist Rating as of August 2025; the fund added new positions such as Bayer Aktiengesellschaft, Nomura Holdings, Nippon Yusen Kabushiki Kaisha, Kyocera Corporation, and Heineken Holding N.V. in recent quarters; no major acquisitions, partnerships, funding rounds, or structural changes have been reported for the ETF itself within the last 1-2 years, reflecting steady expansion within J.P. Morgan's active ETF suite.