JPMorgan Active Small Cap Value ETF

JPSV

Market cap $25.3M

Halftime in 2025 threw a spotlight on active small- and midcap funds via the SPIVA U.S. Mid-Year 2025 report. The trend of active ETF launches is outpacing their passive peers this year.

JPSV is an actively managed small-cap value ETF with a focus on quality, value, and financial sector overweight. The fund offers diversification and combines value with some growth traits. JPSV has underperformed the Russell 2000 and several competitors, with higher fees and weaker liquidity.

Friday's disappointing jobs report has put a huge damper on economic sentiment for the moment. Goldman Sachs has bumped up the odds of a recession from 10% to 25% over the next 12 months.

The US economy expanded at a faster-than-expected pace in the second quarter of 2024. Small-cap stocks generally lead the way higher on improving American economy.