JPMorgan Global Select Equity ETF Global Select Equity ETF

JPMorgan Global Select Equity ETF (JGLO) is an actively managed fund. Its managers pick roughly 65 to 95 mostly large-company stocks from developed markets worldwide and use the MSCI World Index as a guide for regional and sector weights. It costs 0.47% a year, about double the 0.22% average of funds with overlapping holdings. It also trades heavily, with 126% portfolio turnover.

• Over the year to Oct 27, 2026, JGLO returned +5.0%, 9th of 9 among similar funds.
• Its worst full calendar year was 2025 (+14.1%); its best was 2024 (+17.0%).
• The deepest fall in its price history was 16.1% (Dec 6, 2024 to Apr 8, 2025), recovered by Jun 10, 2025.

As of Jul 31, 2026, the fund held 77 securities; the ten largest made up 39.67% of assets.

By sector

• Over the three months to Jul 31, 2026, investors withdrew a net $637.6M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +1.77%, -0.24%, +1.31%.

JGLO does not track an index. JPMorgan's managers choose stocks using their own research. They look for companies they consider attractively valued, with strong free cash flow (cash left over after running and investing in the business) and the potential for lasting earnings growth. The MSCI World Index, a broad measure of developed-market stocks, serves as a reference point. The fund generally aims for regional and sector exposures similar to the index, but the managers can depart from them. The fund typically holds 65 to 95 securities, mostly large companies, and may add some emerging-market, mid-size and small-company stocks. The managers also weigh environmental, social and governance (ESG) issues they judge to be financially important.

There is no fixed rebalancing schedule. The managers may drop a stock when their confidence in it or the company's business changes, when it no longer looks attractively valued, or when a better opportunity appears. Portfolio turnover was 126%, according to the prospectus filed February 25, 2026. That means the fund traded more than the full value of its portfolio in a year. The fund may use futures, swaps and other derivatives to invest cash or manage risk, though it held none as of July 31, 2026. Most foreign holdings are priced in foreign currencies, and the fund doesn't expect to hedge them, so changes in the dollar affect returns.

• JGLO charges 0.47% a year, versus an average of 0.22% for the similar funds below (8th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $48 in the first year and $591 over 10 years (assuming a 5% annual return).

It spreads money across about 77 large companies in the US, Japan and Europe, so it could serve as a main stock holding, though its cost and short record are worth weighing.

JGLO launched on September 13, 2023, so it has no record through the 2008, 2020 or 2022 market declines. Its deepest drop was 16.1%, from December 6, 2024 to April 8, 2025. It regained its earlier high by June 10, 2025, about two months later. Both of its full calendar years were gains: 17.11% in 2024 and 14.16% in 2025. That short, mostly calm history says little about how the fund might hold up in a long bear market, when someone drawing income could be forced to sell shares at low prices. The yield was 1.13% as of October 27, 2026, paid once a year, so this is not an income fund. At 0.47% a year, the SEC's standard example shows $591 in costs over 10 years on $10,000. Past results don't predict future ones, and a plan should look at the whole portfolio rather than one fund.

Matched by holdings overlap from the latest N-PORT reports.