JPMorgan launches its first ETF

|About: JPMorgan Diversified Re... (JPGE)|By:, SA News Editor

The JPMorgan Diversified Return Global Equity ETF (JPGE) started trading earlier today, marking the firm's entrance into the ETF industry.

JPGE will track the FTSE Developed Diversified Factor Index, a basket of equities from developed global markets which meet the relative valuation, price momentum, low volatility and market capitalization requirements.

While the fund will track this index, it will also include an almost active tilt which may help JPGE outperform traditional market-cap-weighted ETFs.

Other broad developed market ETFs: EFA, VEA, IEFA, DZK, DPK, URTH, EFZ, EFU, DBEF, ADRD, MFLA, EFO, IDHQ, IFSM, FDT, HEFA, FWDI