JPMorgan Diversified Return U.S. Small Cap Equity ETF
JPSE
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 - Global
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- Nov 22, 2016
- CIK
- 0001485894
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that seeks to track the JP Morgan Diversified Factor US Small Cap Equity Index, providing exposure to U.S. small-cap equities through a rules-based, multi-factor investment strategy emphasizing value, quality, and momentum factors; risk-based portfolio construction; and inverse volatility weighting to diversify risk at sector and stock levels. The fund invests at least 80% of its assets in securities included in the underlying index, which selects constituents from the Russell 2000 universe across sectors including basic materials, consumer discretionary, consumer staples, energy, financials, health care, industrials, real estate, technology, telecommunications, and utilities, with approximately 547 holdings as of late 2025 and a weighted average market capitalization of $3.43 billion. JPSE, with net assets under management of approximately $505 million and an expense ratio of 0.29%, targets investors seeking small-cap blend exposure with potentially improved risk-adjusted returns relative to traditional market-cap-weighted benchmarks like the Russell 2000 Index. Launched on November 15, 2016, and domiciled in the United States, the ETF is managed by J.P. Morgan Investment Management Inc., a dedicated function of JPMorgan Chase & Co., with a portfolio management team led by Yazann Romahi (26 years of experience), Joe Staines (15 years), Steven (Yegang) Wu (12 years), and Natalia Zvereva (16 years). The fund trades on U.S. exchanges under ticker JPSE (CUSIP 46641Q845) and is distributed by JPMorgan Distribution Services, Inc. It operates primarily in the U.S. equity market, focusing on small-cap companies with attractive relative valuation, positive price momentum, and strong quality metrics. In recent developments, JPSE has maintained steady quarterly dividend distributions, including $0.2920, $0.2031, $0.1947, and others throughout 2025, reflecting a 12-month rolling dividend yield of 1.66% as of October 2025, alongside year-to-date returns of approximately 7% at NAV. Amid broader J.P. Morgan Asset Management initiatives, the firm announced plans in December 2025 to convert select U.S. mutual funds to ETFs in 2026, signaling continued expansion in the active ETF space where JPSE resides, with institutional ownership growing to 106 holders and assets reflecting resilient small-cap demand. The ETF earned a Morningstar Gold Medalist Rating as of September 30, 2025, with a 4-star overall rating in the Small Blend category, underscoring its robust process and performance track record since inception.