JMOM Fees and Costs — JPMorgan U.S. Momentum Factor ETF
Data updated: 2026-09-28
The net expense ratio is 0.12%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $62K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 39%.
JMOM Fees and Expenses
Annual operating expenses and sales charges of JMOM. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.12% |
| Fee waiver | — |
| Net expense ratio | 0.12% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JMOM Costs Over Time
On $10,000 invested in JMOM, assuming 5% a year before costs, total costs come to $79 over 5 years, cutting the return by 0.13% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.12%) | $13 | $40 | $69 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $43 | $79 |
| Value after costs | $10,487 | $11,533 | $12,684 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
JMOM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0043%
- Total broker commissions: $62K
- Bought from dealers (principal trades, not a cost): $2.6M
- Portfolio turnover (prospectus): 39%
- Securities on loan, average value: $2.6M
- Net income from securities lending: $4K (0.000% of average net assets)
JMOM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $28K | 45.45% |
| Goldman Sachs & Co. LLC | $16K | 25.87% |
| RBC Capital Markets, LLC | $15K | 23.88% |
| Morgan Stanley & Co. LLC | $2K | 2.81% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $533 | 0.86% |
| BNP Paribas Securities Corp. | $235 | 0.38% |
| Virtu Americas LLC | $193 | 0.31% |
| Barclays Capital, Inc. | $137 | 0.22% |
| Instinet, LLC | $78 | 0.13% |
| Jefferies LLC | $50 | 0.08% |
JMOM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $2.5M | 97.15% |
| UBS Securities LLC | $73K | 2.85% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.