JPMorgan Diversified Return U.S. Small Cap Equity ETF Price & Performance (JPSE)

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) has dropped 13% year-to-date, underperforming the broader S&P 500. With $433 million in assets and a 0.29% expense ratio, the fund’s recent struggles highlight the volatility facing small-cap strategies, even as it continues to offer broad sector diversification.123

JPSE employs a rules-based, multi-factor strategy to balance value, quality, and momentum in small-cap equities. Despite its innovative approach and a trailing 12-month dividend yield near 2%, the ETF’s one-year return is negative, reflecting ongoing challenges in the small-cap segment as investors reassess risk.456

JPSE’s largest sector allocations are in real estate, technology, and industrials, with top holdings like EchoStar and Aris Water Solutions. The ETF’s broad exposure, with over 550 stocks, has not insulated it from recent declines, prompting investors to examine its risk-reward profile closely.623