JMEE vs MDY: Differences, Returns & Fees
JMEE and MDY hold 59% of their weight in the same names, and JMEE returned +17.9% over the year. Net assets on Oct 20, 2026: $2.9bn for JPMorgan Small & Mid Cap Enhanced Equity ETF and $25.8bn for SPDR S&P MidCap 400 ETF Trust.
MDY costs 0.01 points a year less; their one-year returns differ by 4.8 points; MDY is 8.9 times larger.
| JMEE | MDY | |
|---|---|---|
| Expense ratio | 0.24% | 0.23% |
| Net assets | $2.9bn | $25.8bn |
| Total return, 1 year | +17.9% | +13.1% |
| What it tracks | No index, actively managed | S&P MidCap 400 Index |
| Holdings in common | 59% | |
| Top ten holdings, share of the fund | 5.8% | 7.4% |
| Below its high | 7.1%, high on Aug 14, 2026 | 6.7%, high on Aug 14, 2026 |
Holdings in common uses holdings dated Oct 19, 2026 and Oct 20, 2026.
JMEE and MDY are built for the same job. How do they differ in cost, holdings and results?
- What each follows. JMEE follows No index, actively managed and MDY follows S&P MidCap 400 Index.
- One-year total return. Over 1 year to Oct 20, 2026 JMEE returned +17.9% and MDY +13.1% with distributions reinvested, a gap of 4.8 points.
- Size. JMEE has $2.9bn in net assets and MDY $25.8bn (Net assets); MDY is 8.9 times larger.
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, JMEE and MDY hold 59% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026 and Oct 20, 2026.
half
59% in common
On the same fields
JMEE and MDY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About JMEE
JMEE is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +17.9% with distributions reinvested. The prospectus expense ratio is 0.24% a year. By its holdings published by its issuer for Oct 20, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 679 positions, with the top ten at 5.8%. It sat 7.1% below its high of Aug 14, 2026 on Oct 20, 2026.
About MDY
MDY tracks the S&P MidCap 400. Over the year to Oct 20, 2026 it returned +13.1% with distributions reinvested, against +13.4% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Oct 19, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.4%. It sat 6.7% below its high of Aug 14, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, JMEE or MDY?
- In the year to Oct 20, 2026, with distributions reinvested, JMEE returned +17.9% and MDY +13.1%.
- Which is cheaper, JMEE or MDY?
- MDY is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, JMEE against MDY, data as of Oct 20, 2026. https://etfiq.com/compare/any/jmee-vs-mdy
ETFIQ. (Oct 20, 2026). JMEE against MDY. Retrieved from https://etfiq.com/compare/any/jmee-vs-mdy
[JMEE against MDY (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/jmee-vs-mdy)
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