Registry rank 994 · Portfolio as of 2026-03-31

JPMorgan Mid Cap Equity Fund

JCMAX · JMCCX · JMCEX · JMEEX · JPPEX · VSNGX

Best-fit active share89.8%vs IWD · fund as of 2026-03-31 · proxy as of 2026-03-31
Declared-benchmark active share91.7%RUSSELL 3000 INDEX · benchmark mismatch · fund as of 2026-03-31 · proxy as of 2026-03-31 · declared source as of 2025-06-30
JCMAX expense ratio1.09%SEC expense filing · as of 2025-06-30
JCMAX fee per active unit1.21%expense as of 2025-06-30; fund as of 2026-03-31; proxy as of 2026-03-31

Filed fees in dollars

SEC-convention illustration

Computed from SEC filings

Assumptions for each dollar figure: $100,000 starting amount · 5.0% annual return · annual compounding · fees deducted annually · 0.01% computed index-control baseline. Methodology.

Illustrated difference between each class’s filed expense ratio and the computed index-control baseline. Computed from SEC filings.
Share class and filing10 years20 years30 years
JCMAX1.09% · SEC expense filing · as of 2025-06-30$15,986$49,474$114,937
JMCCX1.59% · SEC expense filing · as of 2025-06-30$22,896$69,278$157,512
JMCEX1.35% · SEC expense filing · as of 2025-06-30$19,617$59,998$137,818
JMEEX0.70% · SEC expense filing · as of 2025-06-30$10,384$32,719$77,347
JPPEX0.60% · SEC expense filing · as of 2025-06-30$8,917$28,227$67,034
VSNGX0.84% · SEC expense filing · as of 2025-06-30$12,417$38,871$91,313

Real trailing windows

Computed on licensed market-return history

Trailing windows use IWD adjusted-close total-return history through 2026-07-29 and the same filed index-control fee baseline as the convention table. Methodology.

Dollar fee drag over actual trailing proxy-return windows. Each result below is computed on licensed market-return history.
Share class and filing10 years20 years30 years
JCMAXFiled fee as of 2025-06-30$27,320Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$95,375Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JMCCXFiled fee as of 2025-06-30$39,177Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$133,745Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JMCEXFiled fee as of 2025-06-30$33,546Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$115,751Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JMEEXFiled fee as of 2025-06-30$17,730Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$63,002Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JPPEXFiled fee as of 2025-06-30$15,221Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$54,337Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
VSNGXFiled fee as of 2025-06-30$21,208Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$74,880Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window

These figures are illustrations, not predictions or personalized advice. Returns and fees can differ. Read the research disclaimer.

Change the illustration

Return mode

Computed from SEC filings

Assumptions for the dollar figures below: $100,000 starting amount; 5.0% annual return; 20 years; annual compounding; fees deducted annually; 0.01% computed index-control baseline. JCMAX SEC expense filing, as of 2025-06-30. Methodology.

SEC-convention illustration for JCMAX; expense ratio filed as of 2025-06-30.
ResultAmount
Ending value at baseline$264,825
Ending value at filed expense ratio$215,351
Difference attributed to fee drag$49,474

This is an illustration, not a prediction or personalized advice. Returns and fees can differ. Read the research disclaimer.

Largest active differences vs IWD

The bars are labeled and repeated in the table; color is not the only signal. Linked company names open Buy Like Buffett’s company record; Sensible Investor does not score stocks.

HoldingFundIWDDifference
ALPHABET INC.0.00%3.55%-3.55%
BERKSHIRE HATHAWAY INC.0.00%2.92%-2.92%
JPMORGAN CHASE & CO.0.00%2.64%-2.64%
EXXON MOBIL CORPORATION0.00%2.36%-2.36%
JOHNSON & JOHNSON0.00%1.94%-1.94%
AMAZON.COM, INC.0.00%1.81%-1.81%
Cencora, Inc.1.67%0.00%+1.67%
IQVIA HOLDINGS INC1.71%0.09%+1.62%
WALMART INC.0.00%1.61%-1.61%
RAYMOND JAMES FINANCIAL, INC.1.45%0.09%+1.37%

Source and verification

SEC N-PORT filing · filed 2026-05-29 · period 2026-03-31

SEC expense filing · period 2025-06-30

Immutable verification record · Active-share method

Cite these figures

Each snippet includes the figure’s source-event date and immutable verification URL.

Best-fit active share

Sensible Investor, “JPMorgan Mid Cap Equity Fund — best-fit active share,” 89.8% versus IWD, fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/jcmax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

JCMAX filed expense ratio

Sensible Investor, “JPMorgan Mid Cap Equity Fund — filed expense ratio,” 1.09% for JCMAX, as of 2025-06-30. https://sensible-investor.com/registry/jcmax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

JCMAX fee per active unit

Sensible Investor, “JPMorgan Mid Cap Equity Fund — fee per unit of active management,” 1.21% using the JCMAX expense ratio as of 2025-06-30 and fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/jcmax/as-of/363649da-fcfb-4007-87ef-de06de7710ca