# US Research Enhanced Index Equity Active UCITS ETF USD (JRDU)

**Page:** https://fundology.uk/fund/jrdu · ISIN IE00BJ06C044

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, JRDU (US Research Enhanced Index Equity Active UCITS ETF USD, ISIN IE00BJ06C044) closed at £52.46 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the three years to 13/11/2026 its price changed by +57.0% (income paid out is not included), or +41.9% after UK CPIH inflation.

## Summary

JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD is an exchange-traded fund (ETF) from JPMorgan, launched in 2019. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£52.46** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | JRDU |
| ISIN | IE00BJ06C044 |
| Also listed as | JRUD (London Stock Exchange, US dollars) |
| Category | US shares |
| Type | ETF |
| Provider | JPMorgan |
| Income | Distributing |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £1.1bn |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 16/12/2019 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +10.46% | +6.55% | income reinvested |
| 3 years | +57.03% | +41.87% | price only |

Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD in pounds (price only, income paid out not included): 2024 +27.5%, 2025 +5.8%; 2026 to 13/11/2026 +11.1%. Returns of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +15.7%; to 30/09/2025: +14.7%; to 30/09/2024: +22.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | +27.5% | +23.1% | Price |
| 2025 | +5.8% | +2.2% | Price |
| 2026 to 13/11/2026 | +11.1% | +7.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 10.73% | -6.75% |
| 3 years | 12.51% | -19.40% |

## Largest fall

Volatility of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 10.7% over 1 year, 12.5% over 3 years. Largest fall in the price of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD since August 2023, in pounds: −19.4% from 17/01/2025 to 18/04/2025. The lowest 12-month return of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD in pounds (price only, income paid out not included) since August 2023 was −4.0% (12 months to 11/04/2025); the highest was +33.3% (12 months to 25/10/2024). On 13/11/2026 the price of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD was 3.3% below its highest weekly close since August 2023 (09/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD 0.20% a year. Compared on 14/11/2026, 85 of the 254 other US share funds charge more, 44 the same and 125 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year (as of 12/10/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 13/11/2026, JRDU holds 254 positions, according to its published holdings. The largest is Apple at 7.65% of the fund; the ten largest make up 37.7%.

### Top holdings

Largest positions (as of 13/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 7.65% |
| 2 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 6.46% |
| 3 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 6.34% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 4.42% |
| 5 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 2.74% |
| 6 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 2.64% |
| 7 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 2.29% |
| 8 | Alphabet · Class C | [GOOGL](https://fundology.uk/stock/GOOGL) | 2.12% |
| 9 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 1.60% |
| 10 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 1.48% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Hardware & Semiconductors | 29.9% |
| Media | 14.8% |
| Software & Services | 9.5% |
| Industrial Cyclicals | 8.7% |
| Pharm/MedTech | 7.5% |
| Banks & Brokers | 5.1% |
| Retail | 3.8% |
| Financial Services | 3.6% |
| Other sectors | 16.9% |

### By country

Added up from the fund’s published holdings, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 96.1% |
| Ireland | 3.1% |
| Netherlands | 0.4% |
| Bermuda | 0.3% |
| Switzerland | 0.1% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.8% |
| Cash and money market | 0.2% |

The 253 holdings on record (of 254 reported): https://fundology.uk/fund/jrdu/holdings

## Questions people ask

**What is the ongoing charge of JRDU?**

The ongoing charge of JRDU is 0.20% a year — about £20 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of JPMorgan ETFs (Ireland) ICAV - US Research Enhanced Index Equity Active UCITS ETF USD 0.20% a year. Compared on 14/11/2026, 85 of the 254 other US share funds charge more, 44 the same and 125 less (share classes counted once).

**Is JRDU accumulating or distributing?**

JRDU is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual.

**What is the ISIN of JRDU?**

The ISIN of JRDU is IE00BJ06C044. An ISIN identifies one exact share class of a fund; JRDU is its ticker on the London Stock Exchange. The same share class is also listed as JRUD (London Stock Exchange, US dollars).

**What does JRDU hold?**

As of 13/11/2026, JRDU holds 254 positions, according to its published holdings. The largest is Apple at 7.65% of the fund; the ten largest make up 37.7%. Its ten largest holdings are Apple (7.65%), Microsoft (6.46%), NVIDIA (6.34%), Amazon (4.42%), Broadcom (2.74%), Alphabet · Class A (2.64%), Meta Platforms · Class A (2.29%), Alphabet · Class C (2.12%), Eli Lilly (1.60%) and Berkshire Hathaway · Class B (1.48%).

**What were JRDU’s returns in each of the last five years?**

Calendar-year returns of JRDU in pounds (price only, income paid out not included): 2024 +27.5%, 2025 +5.8%; 2026 to 13/11/2026 +11.1%. Past performance is not a guide to future returns.

**How has JRDU done after inflation?**

Over the three years to 13/11/2026 JRDU’s price changed by +57.0% (income paid out is not included), or +41.9% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at J.P. Morgan Asset Management](https://am.jpmorgan.com/gb/en/asset-management/per/products/jpm-us-research-enhanced-index-equity-active-ucits-etf-usd-dist-ie00bj06c044)
- [Key investor information document (KIID)](https://wl.fundsquare.net/serv/down-doc/request?cdClient=jpmorgan&isin=IE00BJ06C044&docTypeCode=KIID&docLang=EN&docCountry=GB)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.