AAII ETF Evaluator

ETF Evaluator: JPMorgan Active Developing Mkts Eq ETF () Follow This ETF

Equity
Global Asset Class
International Equity
Fund Group
Diversified Emerging Mkts
Category
$80.242
Last Trade
(as of Aug 26)
$ 30 Mil
Share Class Assets
1.89%
TTM Yield
$82.750 - $55.990
52-Wk High-Low Range
0.65% D
Expense Ratio
30%
Portfolio Turnover
2 (k)
Avg. Daily Trading Vol.

Best Performing in Diversified Emerging Mkts Over the Last Year

114.0% Nomura Focused Emerging Mrkts Eq ETF (EMEQ)
81.0% FT EM Human Flourishing ETF (FTHF)
68.7% First Trust Bloomberg Emr Mkt Dem ETF (EMDM)
67.8% Freedom 100 Emerging Markets ETF (FRDM)
59.4% Pacific NoS Global EM Equity Active ETF (GEME)
Data as of 7/31/2026
-4.3% C (NAV)
-4.8% B (Price)
1-Mo Return
3.6% C (NAV)
2.6% B (Price)
3-Mo Return
21.7% B (NAV)
21.3% B (Price)
YTD Return
43.4% A (NAV)
42.7% A (Price)
1-Yr Return
na (NAV)
na (Price)
3-Yr Return
na (NAV)
na (Price)
5-Yr Return
na
Category
Risk
Index
na
Total
Risk
Index

ETF Details

Fund Family
JPMorgan

Inception Date
5/16/2024

Website

Phone
844-457-6383

Primary Benchmark
MSCI EM NR USD: 100%

Additional Fund Details

JPMorgan Active Developing Mkts Eq ETF Overview

JPMorgan Active Developing Mkts Eq ETF (JADE) is an actively managed International Equity Diversified Emerging Mkts exchange-traded fund (ETF). JPMorgan launched the ETF in 2024.

The investment seeks to provide long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its assets in equity securities and equity-related instruments that are tied economically to emerging markets (also known as “developing markets”).

About JPMorgan Active Developing Mkts Eq ETF (JADE)

There are 2 members of the management team with an average tenure of 2.21 years: Leon Eidelman (2024) and Omar Negyal (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: MSCI EM NR USD index with a weighting of 100%. JPMorgan Active Developing Mkts Eq ETF has 140 securities in its portfolio. The top 10 holdings constitute 36.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

JPMorgan Active Developing Mkts Eq ETF is part of the Equity global asset class and is within the International Equity ETF group. JPMorgan Active Developing Mkts Eq ETF has 97.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.2% There is 97.6% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). JPMorgan Active Developing Mkts Eq ETF has 1.1% of the portfolio in cash.

Assets Under Management

The fund has $30 million in total assets, which is below the $3 billion average for the Diversified Emerging Mkts category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

JADE Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JPMorgan Active Developing Mkts Eq ETF expense ratio is above average compared to funds in the Diversified Emerging Mkts category. JPMorgan Active Developing Mkts Eq ETF has an expense ratio of 0.65%, which is 26% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. JPMorgan Active Developing Mkts Eq ETF has a portfolio turnover rate of 30%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 44% for the Diversified Emerging Mkts category.

Recently, in the month of July 2026, JPMorgan Active Developing Mkts Eq ETF returned -4.3%, which earned it a grade of C, as the Diversified Emerging Mkts category had an average return of -3.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

JPMorgan Active Developing Mkts Eq ETF has a trailing yield of 1.89%, which is below the 2.41% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

JPMorgan Active Developing Mkts Eq ETF Grades

Year to date, the ETF has returned 21.7%, 4.6 percentage points better than the category, which translates into a grade of B. The fund has returned 43.4% over the past year (grade of A).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

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JADE Trailing NAV Total Returns Data as of 7/31/26

Last
Month
Last
Quarter
Ann'l.
1Yr
Ann'l.
3Yr
Ann'l.
5Yr
Ann'l.
10Yr
JADE Return (NAV) -4.3% 3.6% 43.4% na na na
JADE Return (Price) -4.8% 2.6% 42.7% na na na
NAV +/- Price Return 0.541% 1.040% 0.788% na na na
Diversified Emerging Mkts Avg -3.0% 3.0% 31.9% 16.6% 7.1% 7.8%
JADE Grade (NAV) C C A na na na
+/- Category (NAV) -1.3% 0.6% 11.5% na na na
JADE Tax-Cost Ratio na na 1.0% na na na

JADE Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
JADE Return (NAV) 21.7% 38.2% na na na na na na na na na
JADE Return (Price) 21.3% 36.4% na na na na na na na na na
NAV +/- Price Ret -0.019% -0.048% na na na na na na na na na
Diversified Emerging Mkts Avg 17.1% 29.2% 6.7% 12.8% -18.8% 2.3% 12.7% 18.2% -14.6% 33.7% 10.9%
JADE Grade (NAV) B A na na na na na na na na na
+/- Category 4.6% 8.9% na na na na na na na na na
Risk Measures
Beta: na
R-Squared: na
Standard Deviation: na
Category Risk Index: na
Category Risk Rating:
Total Risk Index: na
Total Risk Rating:
Portfolio Characteristics
Yield: 1.9%
Total Assets: $ 30 Mil
Share Class Assets: $ 30 Mil
Turnover: 30.0%
Expense Ratio: 0.65%
Index Fund: No
Index Tracked: MSCI EM NR USD
Index Weighting: 100%
Leveraged: No
Socially Responsible Fund: No
Capital Gains Distribution Frequency: Annually
Income Distribution Frequency: Annually

Management Team

Number of Managers: 2
Longest Tenure: 2.2 years
Average Tenure: 2.2 years
Managers (Year): Eidelman Leon (2024), Negyal Omar (2024)

Portfolio Composition (as of 7/31/26)

# of Holdings: 140
% in Top 10 Holdings: 36.2%
Fund is Non-Diversified: No
% in Foreign Issues: 97.6%
 

Portfolio Allocation

Domestic Stock: 1.2%
Foreign Stock: 97.6%
Preferred Stock: 0.1%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 0.0%
Cash: 1.1%

Purchase Information

Legal Structure: Open Ended Investment Company
Fund Family: JPMorgan
Phone Number: 844-457-6383
Website: jpmorganfunds.com
Inception Date: May 16, 2024

Expenses and Fees

Expense Ratio (%): 0.65% (Rating: Above Avg)
Category Average Expense Ratio (%): 0.52%
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