The JPMorgan Europe Research Enhanced Equity Active ETF achieves enhanced returns despite tight constraints. Morningstar rates it Silver with a Morningstar Rating of ★★★★ and an ongoing charge of 0.24%. Led by Piera Elisa Grassi since 2018, the strategy combines index and active investing to outperform its benchmark with limited deviations.

Grassi leverages JPMorgan’s fundamental research teams to construct a highly systematic portfolio. The strategy targets a tight tracking error and maintains a broad diversification across roughly 150 holdings. Stock-picking drives relative returns, with the portfolio outperforming its benchmark since inception in 2018.

The strategy’s annualized return exceeds the MSCI Europe Index and Morningstar Developed Markets Europe Target Market Exposure index by significant margins. It also outperforms its peers in the Europe large-blend equity category with similar volatility, demonstrating superior risk-adjusted returns and benefiting from lower fees than most active peers.

Read more at Morningstar: JPMorgan’s European Equity Active ETF Gets Silver Morningstar Rating