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ETFs

JPMorgan International Research Enhanced Equity ETF

JIRE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 28, 1992
Expense Ratio
0.24%
Type
Global Ex. US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$8,619,256
AUM
$5,266,041,006
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

NOVO B
Novo Nordisk - Ordinary Shares - Class B
2.78%
NESN
Nestle SA
2.71%
ASML
ASML Holding NV
2.13%
MC
Lvmh Moet Hennessy Vuitton SE
2.09%
SHEL
Shell Plc
2.00%
AZN
Astrazeneca plc
1.88%
ROG
Roche Holding AG
1.84%
BP.
BP plc
1.55%
ALV
Allianz SE - Registered Shares
1.42%
NOVN
Novartis AG - Registered Shares
1.40%
Invest with JIRE

What is JIRE?

The investment objective of the fund is to invest primarily in companies domiciled in foreign developed markets. May modestly overweight equity securities that it considers undervalued while modestly underweighting or not holding equity securities that appear overvalued. Seeks to outperform the MSCI Europe, Australasia, Far East (EAFE) Index over time while maintaining similar risk characteristics, including sector and geographic risks.

ETFs related toJIRE

ETFs correlated to JIRE include ESGD, EFA, BBIN

JIRE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan International Research Enhanced Equity ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toJIRE

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JIRE using Composer

FAQ

JIRE is a Global Ex. US Equities ETF. The investment objective of the fund is to invest primarily in companies domiciled in foreign developed markets. May modestly overweight equity securities that it considers undervalued while modestly underweighting or not holding equity securities that appear overvalued. Seeks to outperform the MSCI Europe, Australasia, Far East (EAFE) Index over time while maintaining similar risk characteristics, including sector and geographic risks.

Yes, JIRE is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, JIRE is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JIRE is -0.0011%. This is the percent change in the value of JIRE over the most recent 1-month period. The 3-month return on JIRE is -0.0189%. This is the percent change in the value of JIRE over the most recent 3-month period.

The standard deviation of JIRE for the past year is 0.172%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JIRE include EZU, EEM, and FEZ.

ETFs correlated to JIRE include ESGD, EFA, and BBIN.

ETFs that are inversely correlated to JIRE include EFZ, EPV, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.