iShares Morningstar U.S. Equity ETF

Frequently Asked Questions About JKD

What does JKD invest in?

The iShares Morningstar U.S. Equity ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities.

What is the expense ratio of JKD?

iShares Morningstar U.S. Equity ETF (JKD) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JKD?

iShares Morningstar U.S. Equity ETF (JKD) manages $1.28B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is JKD actively managed or an index fund?

JKD is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (JKD's is 0.03%) because there's no security selection cost.

When was JKD launched?

iShares Morningstar U.S. Equity ETF (JKD) launched in June 2004 and is managed by IShares.

How has JKD performed?

JKD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.