JPMorgan Diversified Return U.S. Mid Cap Equity ETF
JPME
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 277 Park Avenue New York NY United States of America 10172
- IPO Date
- Jun 21, 2016
- CIK
- 0001485894
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that seeks to track the JP Morgan Diversified Factor US Mid Cap Equity Index before fees and expenses. The fund employs a rules-based investment approach combining risk-based portfolio construction with multi-factor security selection based on value, momentum, and quality factors; it invests at least 80% of its assets in mid-cap equity securities of U.S. companies, including common stocks, preferred stocks, and real estate investment trusts, aiming to provide exposure to U.S. mid-cap equities with potential for improved risk-adjusted returns relative to traditional market cap-weighted indexes. The ETF diversifies risk across sectors and individual securities while emphasizing stocks with attractive relative valuations, positive price momentum, and strong quality metrics; as of late 2025, it holds approximately 351 securities with top allocations including Ciena Corp, Ubiquiti Inc, and Lumentum Holdings Inc, and features a net expense ratio of 0.24%. JPME forms part of the J.P. Morgan Exchange-Traded Fund Trust, a registered open-end investment company domiciled in the United States and managed by J.P. Morgan Investment Management Inc., the asset management arm of JPMorgan Chase & Co., which traces its origins to 1799 and maintains global headquarters at 270 Park Avenue in New York. The fund launched on May 11, 2016, and operates primarily in the mid-cap blend segment, targeting institutional and retail investors seeking diversified U.S. equity exposure with lower volatility characteristics, evidenced by its beta of 0.88 and standard deviation of 14.69% relative to the Russell Midcap Index. Shares trade on U.S. exchanges such as NYSE Arca and are available to investors in markets including the United States and Mexico. In recent developments, J.P. Morgan Asset Management, the fund's sponsor, has aggressively expanded its active ETF lineup, launching over 20 new strategies in 2024 and continuing into 2025 with offerings such as the JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) in March 2025, the JPMorgan Equity and Options ETF (JOYT) in August 2025, and the JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF) in December 2025, alongside enhancements to self-directed investing platforms including leveraged ETFs. These initiatives reflect JPMAM's strategic focus on innovative ETF structures, including hedged equity, research-enhanced equity, and multi-asset solutions, building on its position as a leader in active ETFs with assets under management exceeding $3.6 trillion as of late 2024. While JPME itself has maintained its core methodology without structural changes, the broader firm's expansions and new product introductions in 2024-2025, such as the Research Enhanced suite and Equity Premium Income extensions, underscore ongoing enhancements to its U.S. equity ETF ecosystem.