# JPMorgan Fundamental Data Science Mid Core ETF (MCDS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mcds for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: J.P. Morgan · Asset class: US Equity - Strategy: Thematic · Inception: 2024-08-07 This fund, under typical market conditions, commits at least 80% of its total investments to stocks issued by companies with a medium market capitalization. A substantial portion of these equity holdings are commonly found within the financial, industrial, and consumer discretionary sectors. The investment adviser employs a sophisticated methodology, fusing fundamental analysis with data science, which encompasses thorough research, data-driven insights, and meticulous risk management. ## Key Facts | Metric | Value | |---|---| | Price | $66.91 | | Expense Ratio | 0.35% | | Assets Under Management | $8.0M | | NAV | $66.96 | | Holdings Count | 204 | | Distribution Yield (TTM) | 1.02% | | Annual Distribution (TTM) | $0.68 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $55.63 – $70.43 | | Beta | 0.84 | ## Latest Distribution - Amount: $0.1932 /share - Ex-date: 2026-09-22 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does MCDS invest in? This fund, under typical market conditions, commits at least 80% of its total investments to stocks issued by companies with a medium market capitalization. A substantial portion of these equity holdings are commonly found within the financial, industrial, and consumer discretionary sectors. The investment adviser employs a sophisticated methodology, fusing fundamental analysis with data science, which encompasses thorough research, data-driven insights, and meticulous risk management. ### What is the expense ratio of MCDS? JPMorgan Fundamental Data Science Mid Core ETF (MCDS) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MCDS? JPMorgan Fundamental Data Science Mid Core ETF (MCDS) manages $8.0M 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 MCDS actively managed or an index fund? MCDS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MCDS launched? JPMorgan Fundamental Data Science Mid Core ETF (MCDS) launched in August 2024 and is managed by J.P. Morgan. ### How has MCDS performed? MCDS'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. ### Does MCDS pay a dividend? JPMorgan Fundamental Data Science Mid Core ETF (MCDS) currently distributes little or no income. Trailing-twelve-month yield is 1.02%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MCDS pay dividends? JPMorgan Fundamental Data Science Mid Core ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MCDS's dividend yield? MCDS's trailing-twelve-month yield is 1.02%, calculated from the sum of dividends over the past year divided by the current price. ### When is MCDS's next ex-dividend date? The most recently announced ex-dividend date for MCDS was 2026-09-22. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will MCDS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MCDS charge its expense ratio? The expense ratio is deducted in tiny daily slices from MCDS's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MCDS cost more than a fund like VOO? MCDS's strategy (current expense ratio 0.35%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MCDS sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MCDS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MCDS (0.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mcds - Distribution history: https://www.dividenddata.com/funds/mcds/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mcds/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mcds/expenses - Peer comparison: https://www.dividenddata.com/funds/mcds/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.