LVDS: JPMORGAN FUNDAMENTAL DATA SCIENCE LARGE VALUE ETF
ETF Education Report: JPMORGAN FUNDAMENTAL DATA SCIENCE LARGE VALUE ETF (LVDS)
What this ETF is trying to do
The JPMORGAN FUNDAMENTAL DATA SCIENCE LARGE VALUE ETF (ticker: LVDS) is an exchange-traded fund. While the specific investment strategy isn't detailed in the data, it holds a variety of large companies across different industries.
What the numbers show
The current price of one share is $59.25. We can look at how the share price has moved by comparing it to an estimated price from roughly one year ago, which was $51.13.
It is important to understand the difference between "price return" and "total return":
• Price Return: This measures only the change in the share price. The one-year price return was approximately 15.88%. The year-to-date (YTD) price return was approximately 19.31%.
• Total Return: This includes the share price change plus any distributions (cash payments) made to investors. The one-year total return was approximately 26.14%, and the YTD total return was approximately 20.48%.
Income and distribution explanation
This ETF provides cash distributions to investors. The distribution yield is approximately 7.44%. This means the amount of cash distributed is about 7.44% of the current share price. Over the last 12 months, there were 5 payouts. These distributions usually happen on a quarterly basis, and the most common day for a payout is Tuesday.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases over time. Some investors worry that high cash payments might come at the expense of the fund's value. However, for LVDS, the erosion-risk score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in this portfolio (note that this is a partial list):
• AMAZON.COM INC: 6.40%
• APPLE INC: 5.16%
• MICROSOFT CORP: 4.46%
• EXXONMOBIL HOLDINGS CORP: 2.19%
• BANK OF AMERICA CORP: 2.06%
• ABBVIE INC: 1.82%
• BERKSHIRE HATHAWAY INC CLASS B: 1.72%
• WELLS FARGO & CO: 1.63%
• PHILIP MORRIS INTERNATIONAL INC: 1.56%
• MORGAN STANLEY: 1.55%
Please remember that holdings can change over time.
Pros
• The ETF has shown positive price returns for both the year-to-date period and the one-year period.
• The total return is higher than the price return, meaning distributions have added value to the overall performance.
• The erosion-risk measurement is rated as "good."
Cons
• Total return and three-year data were not supplied in the available facts.
• High distribution yields can sometimes be misleading; they represent cash paid out but do not guarantee the share price will stay the same.
Beginner takeaway
When looking at an ETF like LVDS, it is helpful to look at both the share price movement and the total return. The total return gives a fuller picture because it includes the cash distributions paid to you. Always remember that a high yield is just one part of how an investment performs.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | AMAZON.COM INC | AMZN | 6.39% |
| 2 | MICROSOFT CORP | MSFT | 5.92% |
| 3 | APPLE INC | AAPL | 5.39% |
| 4 | EXXONMOBIL HOLDINGS CORP | XOM | 2.46% |
| 5 | ABBVIE INC | ABBV | 1.93% |
| 6 | BANK OF AMERICA CORP | BAC | 1.82% |
| 7 | BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 1.74% |
| 8 | PHILIP MORRIS INTERNATIONAL INC | PM | 1.66% |
| 9 | WELLS FARGO & CO | WFC | 1.52% |
| 10 | JOHNSON & JOHNSON | JNJ | 1.45% |