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JPMorgan U.S. Tech Leaders ETF
JTEK (JPMorgan U.S. Tech Leaders ETF) is an active US Technology Equity ETF by JPMorgan. With a 0.65% MER, it provides diversified exposure through 10 holdings.
JTEK is actively managed by JPMorgan's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.