JPMorgan Global Research Enhanced Index Equity (Hedged) Active ETF (JRHG) Review & Analysis

MER · Top 50%AUM · #368 of 5081Y Return · Top 25%

What's new this monthData to 30 September 2026

−0.5% in September (total return), behind the median international shares ETF at +0.0%.
Investors added a net $5.7m (18.7% of the fund).
The unit price closed the month at $75.34, 7% below its 12-month high (range $67.10 to $81.20).

About JRHG

JRHG is an international shares ETF from JPMorgan, listed on the ASX since November 2023. With $36m under management it is number 185 of 254 international shares ETFs by size. The management fee is 0.30% a year, about $30 on every $10,000 invested, cheaper than the typical international shares ETF at 0.55%.

Its largest holdings are NVIDIA CORP COMMON STOCK, APPLE INC COMMON STOCK and MICROSOFT CORP COMMON, and the top 10 make up 30% of the fund.

Over the past year it returned +16.8%, against +10.4% for the median international shares ETF.

JRHG distributions and dividend dates

The latest distribution was $6.5028 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 15 July 2026. To receive it you need to own JRHG before the ex-date.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare JRHG Check overlap JPMorgan website ↗

Compare JRHG with

JRHGvsJREG

JPMorgan Global Research Enhanced Index Equity Active ETF

Fee	0.30%	0.30%
1 year	+16.8%	+9.7%
5 yrs p.a.	–	–
Size	$36m	$79m

Same holdingsNo holdings data

Full comparison →

JRHGvsJEME

Jpmorgan Em Research Enhanced Idx Eqty Active ETF

Fee	0.30%	0.35%
1 year	+16.8%	–
5 yrs p.a.	–	–
Size	$36m	$66m

Same holdingsNo holdings data

Full comparison →

JRHGvsVGAD

Vanguard MSCI Index International Shares (Hedged) ETF

Fee	0.30%	0.21%
1 year	+16.8%	+17.1%
5 yrs p.a.	–	+10.8%
Size	$36m	$7.9bn

Same holdingsNo holdings data

Full comparison →

JRHGvsIHVV

iShares S&P 500 (AUD Hedged) ETF

Fee	0.30%	0.10%
1 year	+16.8%	+15.4%
5 yrs p.a.	–	+10.9%
Size	$36m	$4.3bn

Same holdingsNo holdings data

Full comparison →

JRHG price by TradingView

Stock Code	JRHG
Fund Manager	JPMorgan
Asset Class	International shares
AUM	$36m
MER (%)	0.30%
Net flows (Sep)	+$5.7m
Last Price	$75.34
52-Week Range	$67.10 – $81.20
Bid/Ask Spread	0.15%
Listing Date	16/11/2023
Exchange	ASX
Index	None: actively managed. See the PDS for its benchmark
Issuer website	JPMorgan ↗

Performance (% return)

1 month−0.5%

1 year+16.8%

3 years p.a.–

5 years p.a.–

$10,000 invested…

1 year ago$11,678

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

JRHG at a glance: strengths and things to watch

👍 Strengths

Low cost. At 0.30% a year it is cheaper than 83% of international shares ETFs.
Money is flowing in. Investors added a net $5.7m in September (16% of the fund).

⚠️ Things to watch

Small fund. With $36m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
Short track record. Listed in November 2023, so it hasn't been tested through a full market cycle.

Worked out from JRHG's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 28 Oct 2026

JRHG is in a base. Here's why that matters.

JRHG's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

JRHG weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Global

Themes & Sectors

Currency hedged Active ETFs

Portfolio Breakdown

Top 10 holdings (30.4% of the fund)

Symbol	Company	% assets
NVDA		5.56%
AAPL		4.61%
MSFT		4.26%
		4.01%
AMZN		2.99%
GOOGL		2.25%
META		1.85%
AVGO		1.75%
GOOG		1.72%
TSLA		1.36%

Holdings from the issuer's published portfolio. Compare JRHG's holdings with other ETFs →

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
JREG	JPMorgan Global Research Enhanced Index Equity Active ETF Active	–	0.30%	$79m	+9.7%	+17.2%	–
JEME	Jpmorgan Em Research Enhanced Idx Eqty Active ETF Active	–	0.35%	$66m	–	–	–
VGAD	Vanguard MSCI Index International Shares (Hedged) ETF Currency hedged	–	0.21%	$7.9bn	+17.1%	+19.8%	+10.8%
IHVV	iShares S&P 500 (AUD Hedged) ETF Currency hedged	–	0.10%	$4.3bn	+15.4%	+21.0%	+10.9%
DFGH	Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETF Currency hedged	–	0.36%	$4.2bn	+18.2%	–	–
HGBL	Betashares Global Shares Currency Hedged ETF Currency hedged	–	0.11%	$3.0bn	+17.4%	+20.6%	–

Same holdings is the share of JRHG's money in companies the other ETF also holds, weighted by size. No other ETF shares much with JRHG, so these are ETFs in the same category. See every ETF like JRHG →

JRHG vs its closest alternatives

What actually differs between JRHG and the ETFs most like it. Data to 30 Sep 2026.

JREG JPMorgan Global Research Enhanced Index Equity Active ETF

Both charge the same fee (0.30%).
Over 1 year: JRHG +16.8%, JREG +9.7% (JRHG ahead by 7.1 percentage points).
JREG is about 2 times larger ($79m vs $36m), which usually means tighter trading spreads.
Different structure: JRHG is currency hedged, JREG is actively managed.

Compare JRHG and JREG side by side →

JEME Jpmorgan Em Research Enhanced Idx Eqty Active ETF

JRHG is cheaper (0.30% vs 0.35%), worth about $3,413 on $100,000 over 20 years.
Different structure: JRHG is currency hedged, JEME is actively managed.

Compare JRHG and JEME side by side →

VGAD Vanguard MSCI Index International Shares (Hedged) ETF

VGAD is cheaper (0.21% vs 0.30%), worth about $6,221 on $100,000 over 20 years.
Over 1 year: JRHG +16.8%, VGAD +17.1% (almost identical).
VGAD is much larger ($7.9bn vs $36m), which usually means tighter trading spreads.

Compare JRHG and VGAD side by side →

General information only. Past performance is not a reliable indicator of future performance.

JRHG FAQs

What is the fee for JRHG?

JRHG charges a management fee (MER) of 0.30% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is JRHG?

JRHG had $36m in funds under management as at 30 September 2026.

How has JRHG performed?

JRHG returned +16.8% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages JRHG?

JRHG is managed by JPMorgan and has been listed since November 2023.

Is JRHG franked?

Generally no. JRHG invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

Is JRHG currency hedged?

Yes. JRHG is currency hedged, so changes in the Australian dollar have little effect on its returns. You get the return of the underlying investments in their local currency, less a small cost of hedging.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the JPMorgan product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.