JQUA: Why This Quality Factor ETF Should be on Your Radar

Launched in 2017, the JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) is one of a growing number of “quality factor” ETFs offered by asset managers in recent years that look to invest in companies with strong fundamentals such as healthy balance sheets, strong profitability, and earnings growth. Let’s take a look at JQUA and see why it’s worthy of investor consideration.

What Does the JQUA ETF Do?

JQUA is JPMorgan’s (NYSE:JPM) quality factor ETF with $1.7 billion in assets under management (AUM). JQUA tracks the JP Morgan US Quality Factor Index, and JPMorgan says it “utilizes a rules-based approach that matches Russell 1000 sector weights and selects stocks based on quality and profitability characteristics.”