J.P. Morgan Fans Fee War with New Smart Beta ETFs

The U.S. Momentum Factor ETF is designed to provide exposure to trending stocks. JMOM tries to reflect the performance of the J.P. Morgan U.S. Momentum Factor Index, which is comprised of U.S. securities included in the Russell 1000 Index and selects constituents based on risk-adjusted return momentum.

Related: EntrepreneurShares Debuts its First Entrepreneur-Focused ETF

The U.S. Minimum Volatility ETF is designed to provide equity exposure with reduced volatility. JMIN tries to reflect the performance of the J.P. Morgan U.S. Minimum Volatility Index, which is comprised of U.S. securities included in the Russell 1000 Index and uses a rules-based risk allocation and stock selection process to deliver lower volatility while maintaining diversification across sectors and securities.

Lastly, the U.S. Dividend ETF is designed to provide equity exposure with emphasis on dividend income. JDIV tries to reflect the performance of the J.P. Morgan U.S. Dividend Index, which is comprised of U.S. securities included in the Russell 1000 Index and uses a rules-based risk allocation and stock selection process to deliver high dividend yield while maintaining diversification risk across sectors and securities.

For more information on new fund products, visit our new ETFs category.