JGRO vs PWB: Differences, Returns & Fees

JGRO and PWB hold 35% of their weight in the same names, and PWB returned +20.2% over the year. Net assets on Oct 20, 2026: $9.8bn for JPMorgan Active Growth ETF and $2.6bn for Invesco Large Cap Growth ETF.

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Answers cite the figures on this page.

JGRO costs 0.11 points a year less; their one-year returns differ by 20.1 points; JGRO is 3.7 times larger.

JGRO vs PWB: Differences, Returns & Fees
JGROPWB
Expense ratio0.44%0.55%
Net assets$9.8bn$2.6bn
Total return, 1 year+0.1%+20.2%
What it tracksNo index, actively managedDynamic Large Cap Growth Intellidex Index
Holdings in common35%
Top ten holdings, share of the fund51.1%36.0%
Below its high5.6%, high on Jun 2, 20268.9%, high on Jun 22, 2026

Holdings in common uses holdings dated Oct 19, 2026 and Oct 20, 2026.

+0.1%
JGRO total return, 1 year
+20.2%
PWB total return, 1 year
0.44%
JGRO expense ratio
0.55%
PWB expense ratio

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Client brief · page 1 of 2Report BR-6FC36C4861

JGRO and PWB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. JGRO follows No index, actively managed and PWB follows Dynamic Large Cap Growth Intellidex Index.
  2. Holdings in common. 35% of the weight is in the same securities (holdings dated Oct 20, 2026 and Oct 19, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 JGRO returned +0.1% and PWB +20.2% with distributions reinvested, a gap of 20.1 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, JGRO and PWB hold 35% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026 and Oct 20, 2026.

half

35% in common

Positions both hold, largest shared weight first
Holding JGRO PWB
APPLE INC COMMON STOCK 6.15% 3.73%
NVIDIA CORP COMMON STOCK 12.50% 3.44%
BROADCOM INC COMMON 3.88% 3.16%
ADVANCED MICRO DEVICES 3.11% 3.79%
META PLATFORMS INC 2.90% 4.17%
ELI LILLY AND COMPANY 2.70% 3.39%
MICRON TECHNOLOGY INC 2.42% 3.27%
MASTERCARD INC COMMON 1.87% 3.47%
AMAZON.COM INC COMMON 1.42% 3.39%
PALANTIR TECHNOLOGIES 0.82% 1.62%
LAM RESEARCH CORP COMMON 0.81% 1.25%
MONSTER BEVERAGE CORP 0.74% 1.39%
Only in JGRO
ALPHABET INC-CL C 10.72%
MICROSOFT CORP COMMON 4.88%
NATERA INC COMMON STOCK 1.74%
PALO ALTO NETWORKS INC 1.56%
TESLA INC COMMON STOCK 1.50%
PHILIP MORRIS INTERNATIONAL INC 1.43%
CROWDSTRIKE HOLDINGS INC 1.40%
JOHNSON & JOHNSON 1.17%
Only in PWB
Costco Wholesale Corp 3.50%
Alphabet Inc 3.35%
Fortinet Inc 1.61%
TJX Cos Inc 1.53%
Keysight Technologies Inc 1.52%
Johnson Controls International plc 1.51%
Ross Stores Inc 1.43%
Lockheed Martin Corp 1.42%

Check overlap with more funds →

On the same fields

JGRO
JPMorgan Active Growth ETF
PWB
Invesco Large Cap Growth ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index
Total return, 1 year +0.1% +20.2%
Its benchmark over the same days +4.0% (IWF) +15.0% (IWV)
Gap to its benchmark −3.9 pts vs IWF +5.2 pts vs IWV
Expense ratio 0.44% 0.55%
Already in the S&P 500 85.0% 96.9%
Holdings 135 52
Net assets $9.8bn $2.6bn

JGRO and PWB on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About JGRO

JGRO is actively managed and tracks no index. The prospectus expense ratio is 0.44% a year. By its holdings published by its issuer for Oct 20, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 135 positions, with the top ten at 51.1%. It sat 5.6% below its high of Jun 2, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +0.1% with distributions reinvested, against +4.0% for its benchmark, the Russell 1000 Growth Index.

About PWB

PWB tracks an index. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Oct 19, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 36.0%. It sat 8.9% below its high of Jun 22, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +20.2% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, JGRO or PWB?
In the year to Oct 20, 2026, with distributions reinvested, JGRO returned +0.1% and PWB +20.2%.
Which is cheaper, JGRO or PWB?
JGRO is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do JGRO and PWB overlap with the S&P 500?
By their latest filed holdings, 85% of JGRO and 97% of PWB by weight is stocks the S&P 500 already holds.
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ETFIQ, JGRO against PWB, data as of Oct 20, 2026. https://etfiq.com/compare/any/jgro-vs-pwb

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.