JPMorgan Diversified Alternative ETF (JPHF)
JPMorgan Diversified Alternative ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $19.04, up 0.05% on the session, giving a market capitalisation of $27.6M. Its beta of 0.79 implies it has historically moved less than the broad market.
This investment aims for sustained total returns over the long term. It pursues this goal by distributing its capital among various investment approaches, encompassing both conventional and alternative strategies, similar to those found in certain hedge funds. The advisor has specifically outlined three primary strategy categories: Equity Long/Short, Event Driven, and Macro/Managed Futures. The fund's asset allocation and security selection are guided by a disciplined, systematic investment process.
JPMorgan Diversified Alternative ETF is most often compared with the following Financial Services names: