JPMorgan U.S. Minimum Volatility ETF (JMIN)
JPMorgan U.S. Minimum Volatility ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $34.51, down 4.50% on the session, giving a market capitalisation of $38.3M. Its beta of 0.78 implies it has historically moved less than the broad market.
This fund is mandated to allocate a minimum of 80% of its capital to the specific equities comprising its benchmark index. For this purpose, "capital" encompasses both the fund's net holdings and any borrowed funds utilized for investment. The benchmark index itself monitors the performance of U.S. stock market components, which are chosen through a predefined, systematic methodology. This selection process is structured with the aim of achieving diminished price volatility compared to the broader Russell 1000 Index.
JPMorgan U.S. Minimum Volatility ETF is most often compared with the following Financial Services names: