Summary
JPMorgan U.S. Tech Leaders ETF is an ETF - a fund traded on an exchange like a stock - run by J.P. Morgan. Positions inside: 67. The ten largest make up 37% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $4.31B
- Positions
- 67
- Dividends
- Reinvested
- Running since
- 2023
What speaks for it
- A large fund with $4.31B under management.
- Easy to buy and sell: about $23.3M changes hands a day.
- Average yearly growth over the last three years: 20%.
What to watch
- 78% of the fund is in one sector (Technology).
- 93% of the fund is in one country (United States).
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 31% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -20%
- 3 months
- -15%
- This year
- -3.6%
- 1 year
- -5.6%
- 3 years
- +72%
- Avg. market cap
- $855.5B
- P/E
- 33.0x
- Forward P/E
- 26.2x
- P/S
- 7.8x
- P/B
- 8.1x
- P/FCF
- 36.2x
- EV/EBITDA
- 25.4x
- Dividend yield
- 0.29%
- ROIC
- 12.3%
- ROE
- 17.6%
- Gross margin
- 63.6%
- Operating margin
- 17.9%
- Net margin
- 17.0%
- Payout ratio
- 9.4%
- Net debt/EBITDA
- -1.3x
- Beta
- 1.82
Weighted average of the 50 largest companies, which make up 94% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NVNvidia NVDA 4.4%
- 2 MEMeta META 4.3%
- 3 MSMicrosoft MSFT 4.0%
- 4 CRCrowdStrike CRWD 3.7%
- 5 TTTake-Two Interactive TTWO 3.7%
- 6 CRSalesforce CRM 3.6%
- 7 PAPalo Alto Networks PANW 3.5%
- 8 AVBroadcom AVGO 3.4%
- 9 TSTesla TSLA 3.3%
- 10 AMAMD AMD 3.1%
Positions in the fund: 67. The ten largest make up 37% of it.
Composition as of Nov 6, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 78%
- Communication services 6.0%
- Consumer cyclical 5.9%
- Healthcare 3.5%
- Industrials 2.8%
- Other 3.9%
By country
- United States 93%
- Canada 3.1%
- Netherlands 2.2%
- Taiwan 1.0%
- Other countries 0.3%
By company size
- Mega cap 46%
- Large cap 50%
- Mid cap 4.3%
- Small cap 0.09%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (78%). Largest country: United States (93%). Largest size group: Large cap (50%).
What does it cost me?
Expensive- A year from $10,000
- $65.00
- Over 20 years
- $3,099
From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.
How has it done?
Growing over the long run- A year on average, 3 years
- +20%
- Deepest drop
- -31%
- Yearly volatility
- 32%
Average yearly growth over the last three years: 20%. Deepest drop in these years: 31% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
Very easy- Traded a day
- $23.3M
- Shares a day
- 268K
On an average day about $23.3M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 33.0
- Average Bulios Score
- 62 out of 100
Weight by Bulios Fair Price
- Undervalued 6.0%
- Fairly valued 4.9%
- Overvalued 89%
On average the companies inside trade for 33.0 times their yearly profit. By Fair Price, 89% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 94% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
TE TEC Harbor Transformative Technologies ETF (TEC) | United States | 0.69% | $5.82M | +5.2% | - | 45% |
IV IVES Dan Ives Wedbush AI Revolution ETF | United States | 0.75% | $767.6M | +3.3% | Pays out | 44% |
IV IVYAI.JO Ivy EasyETFs AI Innovation Actively Managed ETF Accum - ZAR | South Africa | 1.00% | $5.42M | - | - | 43% |
CH CHAT Roundhill Generative AI & Technology ETF | United States | 0.75% | $1.42B | +8.2% | Pays out | 41% |
WU WUGI AXS Esoterica NextG Economy ETF | United States | 1.46% | $30.6M | -24% | Reinvests | 41% |
XQ XQQI NEOS Boosted Nasdaq-100 High Income ETF | United States | 0.98% | $6.74M | - | Pays out | 40% |
