The JPMorgan Diversified Return International Equity ETF (JPIN) tracks an index of large cap companies in developed markets outside the U.S. The methodology combined risk-weighted portfolio construction with multi-factor security selection based on value, momentum, and quality. The ETF marketplace has seen an explosion in recent years in “factor” funds covering every asset class. Investors can compare it to the Goldman Sachs ActiveBeta International Equity ETF (GSIE) or the iShares Edge MSCI Multi-factor International ETF (INTF). JPIN is not unreasonably priced for a multi-factor international fund, though cheaper options are available.
The international equity space also includes ultra-low-cost, plain-vanilla rivals like the iShares Core MSCI EAFE ETF (IEFA) and the Vanguard FTSE Developed Markets ETF (VEA). They lack fancy factors but offer similar exposure and great liquidity at a fraction of the price.
It is worth noting that JPIN tracks an index that includes South Korea but excludes Canada. By contrast, GSIE includes Canada but excludes South Korea, classifying it instead with emerging markets. These two countries are a common source of confusion for developed markets funds. Some hold one or both, while others own neither. Unsuspecting investors who mix and match funds from different firms may find themselves either unintentionally overweight Canada and South Korea or missing out on those countries entirely. This could make for a bit of a muddle for investors and advisers who swap between similar funds as part of tax-loss harvesting strategies.
| Segment | Equity: Developed Markets Ex-North America - Total Market |
| Category | Size and Style |
| Focus | Total Market |
| Niche | Broad-based |
| Strategy | Multi-factor |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| JPIN | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 468 | 713 | 458 |
| % of Assets in Top 10 | 4.76% | 23.50% | 41.39% |
| % of Assets in Top 15 | 6.94% | 29.64% | 45.57% |
| % of Assets in Top 50 | 21.27% | 54.85% | 63.85% |
| JPIN | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 44.57% | 67.25% | 54.00% |
| Mid (>2.7B) | 49.12% | 24.94% | 15.61% |
| Small (>600M) | 6.26% | 3.82% | 1.78% |
| Micro (<600M) | 0.00% | 0.25% | 0.05% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| JPIN | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.14 | $ 0.28 | $ 0.28 |
| Dividend Date | 2023-03-21 | N/A | N/A |
| Annual Dividend Rate | $ 1.45 | $ 1.29 | $ 1.30 |
| Annual Dividend Yield | 2.78% | 3.80% | 3.38% |
View charts featuring JPIN price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -127.32 M 3 Month Net Flows: -127.32 M 6 Month Net Flows: -121.77 M 1 Year Net Flows: -76.65 M 3 Year Net Flows: -380.06 M 5 Year Net Flows: -685.2 M 10 Year Net Flows: 720.78 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -14.46 MThe adjacent table gives investors an individual Realtime Rating for JPIN on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Foreign Large Cap Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| JPIN |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -3.63% | -3.30% | -2.44% |
| 3 Month Return | 0.70% | 0.46% | 1.96% |
| YTD Return | 5.37% | 5.59% | 7.33% |
| 1 Year Return | -2.14% | -0.53% | 3.50% |
| 3 Year Return | 5.73% | 7.54% | 5.59% |
| 5 Year Return | 0.72% | 1.85% | 2.05% |
The following charts reflect the geographic spread of JPIN's underlying holdings.
| Region | Percentage |
|---|---|
| Asia Pacific | 56.82% |
| Europe | 43.16% |
| Other | 0.08% |
| Country | Percentage |
|---|---|
| Japan | 31.24% |
| United Kingdom | 18.34% |
| Australia | 9.99% |
| South Korea | 6.92% |
| France | 5.09% |
| Hong Kong | 4.22% |
| Singapore | 3.69% |
| Netherlands | 2.85% |
| Switzerland | 2.7% |
| Germany | 2.41% |
| Spain | 2.38% |
| Sweden | 2.29% |
| Italy | 1.81% |
| Norway | 1.31% |
| Finland | 1.21% |
| Denmark | 0.82% |
| Ireland | 0.73% |
| New Zealand | 0.56% |
| Luxembourg | 0.38% |
| Portugal | 0.34% |
| Austria | 0.2% |
| United States | 0.19% |
| Belgium | 0.16% |
| Mexico | 0.14% |
| Other | 0.08% |
| Cambodia | 0.01% |
The following charts reflect the allocation of JPIN's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 17.35% |
| Consumer Non-Durables | 10.08% |
| Utilities | 10.06% |
| Health Technology | 8.66% |
| Communications | 6.54% |
| Retail Trade | 6.11% |
| Process Industries | 5.2% |
| Non-Energy Minerals | 4.71% |
| Electronic Technology | 4.51% |
| Energy Minerals | 4.18% |
| Technology Services | 4.02% |
| Consumer Durables | 4.02% |
| Producer Manufacturing | 3.83% |
| Distribution Services | 3.26% |
| Industrial Services | 2.0% |
| Consumer Services | 1.63% |
| Commercial Services | 1.52% |
| Transportation | 1.25% |
| Health Services | 0.98% |
| CASH | 0.08% |
| Miscellaneous | 0.07% |
| Market Cap | Percentage |
|---|---|
| Mid | 49.12% |
| Large | 44.57% |
| Small | 6.26% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.46% |
| Preferred Equity | 0.37% |
| Temporary | 0.09% |
| CASH | 0.08% |
| Unit | 0.06% |
| Sector | Percentage |
|---|---|
| Finance | 17.35% |
| Consumer Non-Durables | 10.08% |
| Utilities | 10.06% |
| Health Technology | 8.66% |
| Communications | 6.54% |
| Retail Trade | 6.11% |
| Process Industries | 5.2% |
| Non-Energy Minerals | 4.71% |
| Electronic Technology | 4.51% |
| Energy Minerals | 4.18% |
| Technology Services | 4.02% |
| Consumer Durables | 4.02% |
| Producer Manufacturing | 3.83% |
| Distribution Services | 3.26% |
| Industrial Services | 2.0% |
| Consumer Services | 1.63% |
| Commercial Services | 1.52% |
| Transportation | 1.25% |
| Health Services | 0.98% |
| CASH | 0.08% |
| Miscellaneous | 0.07% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 121.20% |
| 20 Day Volatility | 10.76% |
| 50 Day Volatility | 10.44% |
| 200 Day Volatility | 12.27% |
| Beta | 0.8 |
| Standard Deviation | 3.12% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
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