Sensible Investor

Immutable verification record

JPMorgan U.S. Research Enhanced Equity Fund

Run 363649da-fcfb-4007-87ef-de06de7710ca · portfolio period 2026-03-31 · captured 2026-07-29T14:22:09.616Z

This is the permanent record of what our July 29, 2026 data run computed for JPMorgan U.S. Research Enhanced Equity Fund, and the exact SEC documents every number came from — it exists so anyone can check us.

Current interpretation · methodology 1.5

How to read this prior-run record now

64.9% of this portfolio matches the S&P 500, which costs $10 a year per $100,000 to own outright. This fund charges $600 a year.

This interpretation is computed under the current methodology and is not inserted into the immutable record below.

Cite these figures

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

Best-fit active share

Sensible Investor, “JPMorgan U.S. Research Enhanced Equity Fund — best-fit active share,” 35.1% versus the S&P 500, fund portfolio as of 2026-03-31; measured against the filed holdings of iShares Core S&P 500 ETF (IVV), as of 2026-03-31. https://sensible-investor.com/registry/jdeax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

JDEAX filed expense ratio

Sensible Investor, “JPMorgan U.S. Research Enhanced Equity Fund — filed expense ratio,” 0.60% for JDEAX, as of 2025-06-30. https://sensible-investor.com/registry/jdeax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

JDEAX fee per active unit

Sensible Investor, “JPMorgan U.S. Research Enhanced Equity Fund — fee per unit of active management,” 1.71% using the JDEAX expense ratio as of 2025-06-30 and fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/jdeax/as-of/363649da-fcfb-4007-87ef-de06de7710ca

Active share by comparison index

Holdings difference for every comparison calculated in this run.
IndexActive shareHoldings evidenceIdentifier match
the S&P 50035.1%measured against the filed holdings of iShares Core S&P 500 ETF (IVV), as of 2026-03-3199.0%
the Russell 1000 index39.2%measured against the filed holdings of iShares Russell 1000 ETF (IWB), as of 2026-03-3198.9%
the total US market41.4%measured against the filed holdings of Vanguard Total Stock Market ETF (VTI), as of 2026-03-3199.5%
the Russell 1000 Growth index47.5%measured against the filed holdings of iShares Russell 1000 Growth ETF (IWF), as of 2026-03-3167.4%
the Russell 1000 Value index62.8%measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-3158.4%
the S&P MidCap 40099.3%measured against the filed holdings of iShares Core S&P Mid-Cap ETF (IJH), as of 2026-03-310.7%
the Russell 2000 index100.0%measured against the filed holdings of iShares Russell 2000 ETF (IWM), as of 2026-03-310.0%
the S&P SmallCap 600100.0%measured against the filed holdings of iShares Core S&P Small-Cap ETF (IJR), as of 2026-03-310.0%

Filed expense ratios by share class

Each fee is tied to its filed SEC source and period.
Share classExpense ratioFiling periodSEC document
JDEAX (JPMorgan U.S. Research Enhanced Equity Fund)0.60%2025-06-30Open SEC expense filing
JDESX (JPMorgan U.S. Research Enhanced Equity Fund)0.35%2025-06-30Open SEC expense filing
JDEUX (JPMorgan U.S. Research Enhanced Equity Fund)0.25%2025-06-30Open SEC expense filing

Match rates

How much of the fund filing could be matched to comparison holdings. A benchmark proxy is not compared with itself.
Fund identifier match99.0%
the S&P 50099.0%
the Russell 1000 index98.9%
the total US market99.5%
the Russell 1000 Growth index67.4%
the Russell 1000 Value index58.4%
the S&P MidCap 4000.7%
the Russell 2000 index0.0%
the S&P SmallCap 6000.0%

Fee-drag windows

Dollar fee drag from licensed return windows; the lowest-cost control class is omitted rather than compared with itself, and missing history remains explicit.
Share classWindowFee dragWindow dates
JDEAX10 years$20,0672016-07-29 to 2026-07-29
JDEAX20 years$84,0422006-07-31 to 2026-07-29
JDEAX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-19
JDESX10 years$11,6782016-07-29 to 2026-07-29
JDESX20 years$49,4652006-07-31 to 2026-07-29
JDESX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-19
JDEUX10 years$8,2752016-07-29 to 2026-07-29
JDEUX20 years$35,2142006-07-31 to 2026-07-29
JDEUX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-19

Check it yourself

  1. Open the fund’s linked SEC holdings filing and, for fees, the linked SEC expense filing in the table above.
  2. Find each security identifier and portfolio weight in the holdings filing, and the net annual operating expense for the relevant share class in its expense filing.
  3. Recalculate the comparison using the active-share formula and portfolio rules.
Raw record (JSON)

Download this record as JSON

{
  "runId": "363649da-fcfb-4007-87ef-de06de7710ca",
  "capturedAt": "2026-07-29T14:22:09.616Z",
  "methodologyVersion": "closet-index@2.0.0",
  "cohortVersion": "cohort-v2@2026-07-24",
  "cohortRank": 610,
  "seriesId": "S000002765",
  "cik": 1217286,
  "seriesName": "JPMorgan U.S. Research Enhanced Equity Fund",
  "classes": [
    {
      "classId": "C000007573",
      "ticker": "JDEAX",
      "netExpenseRatio": 0.006,
      "expensePeriod": "2025-06-30",
      "sourceAccession": "0001193125-25-246532",
      "sourceUrl": "https://www.sec.gov/Archives/edgar/data/1217286/000119312525246532/0001193125-25-246532-index.html",
      "missingReason": null
    },
    {
      "classId": "C000007571",
      "ticker": "JDESX",
      "netExpenseRatio": 0.0035,
      "expensePeriod": "2025-06-30",
      "sourceAccession": "0001193125-25-246532",
      "sourceUrl": "https://www.sec.gov/Archives/edgar/data/1217286/000119312525246532/0001193125-25-246532-index.html",
      "missingReason": null
    },
    {
      "classId": "C000007982",
      "ticker": "JDEUX",
      "netExpenseRatio": 0.0025,
      "expensePeriod": "2025-06-30",
      "sourceAccession": "0001193125-25-246532",
      "sourceUrl": "https://www.sec.gov/Archives/edgar/data/1217286/000119312525246532/0001193125-25-246532-index.html",
      "missingReason": null
    }
  ],
  "fundFiling": {
    "cik": 1217286,
    "seriesId": "S000002765",
    "accession": "0002071691-26-012775",
    "filingDate": "2026-05-29",
    "periodOfReport": "2026-03-31",
    "primaryDocumentUrl": "https://www.sec.gov/Archives/edgar/data/1217286/000207169126012775/primary_doc.xml"
  },
  "proxyPeriods": {
    "IVV": {
      "periodOfReport": "2026-03-31",
      "accession": "0002071691-26-012459",
      "filingDate": "2026-05-28"
    },
    "IWB": {
      "periodOfReport": "2026-03-31",
      "accession": "0001004726-26-003726",
      "filingDate": "2026-05-22"
    },
    "IWF": {
      "periodOfReport": "2026-03-31",
      "accession": "0001004726-26-003755",
      "filingDate": "2026-05-22"
    },
    "IWD": {
      "periodOfReport": "2026-03-31",
      "accession": "0001004726-26-003757",
      "filingDate": "2026-05-22"
    },
    "IJH": {
      "periodOfReport": "2026-03-31",
      "accession": "0000940400-26-020794",
      "filingDate": "2026-05-26"
    },
    "IJR": {
      "periodOfReport": "2026-03-31",
      "accession": "0000940400-26-020784",
      "filingDate": "2026-05-26"
    },
    "IWM": {
      "periodOfReport": "2026-03-31",
      "accession": "0002071691-26-012507",
      "filingDate": "2026-05-28"
    },
    "VTI": {
      "periodOfReport": "2026-03-31",
      "accession": "0000036405-26-000323",
      "filingDate": "2026-05-28"
    }
  },
  "comparisons": [
    {
      "proxy": "IVV",
      "activeShare": 0.35122731619132525,
      "identifierMatchRate": 0.990275883395481,
      "matchRateByIdentifier": {
        "cusip6": 0.9443300949427502,
        "isin": 0.045945788452730785,
        "unmatched": 0.009724116604518995
      },
      "topActiveBets": [
        {
          "name": "JPMorgan Chase & Co.",
          "fundWeight": 0,
          "proxyWeight": 0.01418837977034,
          "activeWeight": -0.01418837977034,
          "blbTicker": "JPM"
        },
        {
          "name": "Exxon Mobil Corp.",
          "fundWeight": 0.02217637604036919,
          "proxyWeight": 0.01268392494776117,
          "activeWeight": 0.009492451092608017,
          "blbTicker": "XOM"
        },
        {
          "name": "Trane Technologies plc",
          "fundWeight": 0.009644268697919407,
          "proxyWeight": 0.0016500516593161416,
          "activeWeight": 0.007994217038603266,
          "blbTicker": "TT"
        },
        {
          "name": "Costco Wholesale Corp.",
          "fundWeight": 0,
          "proxyWeight": 0.007912585385766988,
          "activeWeight": -0.007912585385766988,
          "blbTicker": null
        },
        {
          "name": "EOG Resources, Inc.",
          "fundWeight": 0.008571650761427418,
          "proxyWeight": 0.0014032185943573183,
          "activeWeight": 0.0071684321670701,
          "blbTicker": "EOG"
        },
        {
          "name": "PepsiCo, Inc.",
          "fundWeight": 0.01083558356926032,
          "proxyWeight": 0.0037966742999076845,
          "activeWeight": 0.007038909269352636,
          "blbTicker": "PEP"
        },
        {
          "name": "Howmet Aerospace, Inc.",
          "fundWeight": 0.008626771804335137,
          "proxyWeight": 0.0016530918767478794,
          "activeWeight": 0.006973679927587257,
          "blbTicker": "HWM"
        },
        {
          "name": "Chevron Corp.",
          "fundWeight": 0,
          "proxyWeight": 0.006938243298811415,
          "activeWeight": -0.006938243298811415,
          "blbTicker": "CVX"
        },
        {
          "name": "NextEra Energy, Inc.",
          "fundWeight": 0.010284725908174109,
          "proxyWeight": 0.0034603666151549395,
          "activeWeight": 0.006824359293019169,
          "blbTicker": "NEE"
        },
        {
          "name": "3M Co.",
          "fundWeight": 0.008085890210969704,
          "proxyWeight": 0.0013683890120286314,
          "activeWeight": 0.006717501198941073,
          "blbTicker": "MMM"
        }
      ]
    },
    {
      "proxy": "IWB",
      "activeShare": 0.39188891112356894,
      "identifierMatchRate": 0.9885733882837063,
      "matchRateByIdentifier": {
        "cusip6": 0.9530077323332299,
        "isin": 0.03556565595047644,
        "unmatched": 0.011426611716293666
      },
      "topActiveBets": [
        {
          "name": "NVIDIA CORPORATION",
          "fundWeight": 0.0817782333869379,
          "proxyWeight": 0.0682556096101088,
          "activeWeight": 0.013522623776829099,
          "blbTicker": "NVDA"
        },
        {
          "name": "JPMORGAN CHASE & CO.",
          "fundWeight": 0,
          "proxyWeight": 0.013362762406892123,
          "activeWeight": -0.013362762406892123,
          "blbTicker": "JPM"
        },
        {
          "name": "EXXON MOBIL CORPORATION",
          "fundWeight": 0.02217637604036919,
          "proxyWeight": 0.011986040428488018,
          "activeWeight": 0.01019033561188117,
          "blbTicker": "XOM"
        },
        {
          "name": "MICROSOFT CORPORATION",
          "fundWeight": 0.05452919828388424,
          "proxyWeight": 0.04590848939043174,
          "activeWeight": 0.008620708893452504,
          "blbTicker": "MSFT"
        },
        {
          "name": "AMAZON.COM, INC.",
          "fundWeight": 0.04171966593170972,
          "proxyWeight": 0.03340870139504772,
          "activeWeight": 0.008310964536661997,
          "blbTicker": "AMZN"
        },
        {
          "name": "TRANE TECHNOLOGIES PLC",
          "fundWeight": 0.009644268697919407,
          "proxyWeight": 0.0015510368434976576,
          "activeWeight": 0.00809323185442175,
          "blbTicker": "TT"
        },
        {
          "name": "COSTCO WHOLESALE CORPORATION",
          "fundWeight": 0,
          "proxyWeight": 0.007396201692089764,
          "activeWeight": -0.007396201692089764,
          "blbTicker": null
        },
        {
          "name": "Pepsico, Inc.",
          "fundWeight": 0.01083558356926032,
          "proxyWeight": 0.0035584163700581486,
          "activeWeight": 0.0072771671992021714,
          "blbTicker": "PEP"
        },
        {
          "name": "EOG RESOURCES, INC.",
          "fundWeight": 0.008571650761427418,
          "proxyWeight": 0.0013225068878756864,
          "activeWeight": 0.007249143873551731,
          "blbTicker": "EOG"
        },
        {
          "name": "HOWMET AEROSPACE INC.",
          "fundWeight": 0.008626771804335137,
          "proxyWeight": 0.0015444206171512814,
          "activeWeight": 0.007082351187183856,
          "blbTicker": "HWM"
        }
      ]
    },
    {
      "proxy": "VTI",
      "activeShare": 0.4143239488533504,
      "identifierMatchRate": 0.9948874833807079,
      "matchRateByIdentifier": {
        "cusip6": 0.9540542115472693,
        "isin": 0.040833271833438586,
        "unmatched": 0.005112516619292129
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp",
          "fundWeight": 0.0817782333869379,
          "proxyWeight": 0.06442311309214421,
          "activeWeight": 0.01735512029479369,
          "blbTicker": "NVDA"
        },
        {
          "name": "JPMorgan Chase & Co",
          "fundWeight": 0,
          "proxyWeight": 0.011970632673638926,
          "activeWeight": -0.011970632673638926,
          "blbTicker": "JPM"
        },
        {
          "name": "Exxon Mobil Corp",
          "fundWeight": 0.02217637604036919,
          "proxyWeight": 0.011311879725382761,
          "activeWeight": 0.010864496314986427,
          "blbTicker": "XOM"
        },
        {
          "name": "Microsoft Corp",
          "fundWeight": 0.05452919828388424,
          "proxyWeight": 0.043984352598584776,
          "activeWeight": 0.010544845685299467,
          "blbTicker": "MSFT"
        },
        {
          "name": "Amazon.com Inc",
          "fundWeight": 0.04171966593170972,
          "proxyWeight": 0.03219839879780581,
          "activeWeight": 0.009521267133903909,
          "blbTicker": "AMZN"
        },
        {
          "name": "Trane Technologies PLC",
          "fundWeight": 0.009644268697919407,
          "proxyWeight": 0.0014756090553241824,
          "activeWeight": 0.008168659642595225,
          "blbTicker": "TT"
        },
        {
          "name": "PepsiCo Inc",
          "fundWeight": 0.01083558356926032,
          "proxyWeight": 0.0033959330319161284,
          "activeWeight": 0.0074396505373441925,
          "blbTicker": "PEP"
        },
        {
          "name": "Mastercard Inc",
          "fundWeight": 0.013733737925518852,
          "proxyWeight": 0.006369652413738351,
          "activeWeight": 0.007364085511780501,
          "blbTicker": "MA"
        },
        {
          "name": "EOG Resources Inc",
          "fundWeight": 0.008571650761427418,
          "proxyWeight": 0.0012408362649650063,
          "activeWeight": 0.007330814496462412,
          "blbTicker": "EOG"
        },
        {
          "name": "NextEra Energy Inc",
          "fundWeight": 0.010284725908174109,
          "proxyWeight": 0.003096661062100129,
          "activeWeight": 0.007188064846073979,
          "blbTicker": "NEE"
        }
      ]
    },
    {
      "proxy": "IWF",
      "activeShare": 0.4746454009480007,
      "identifierMatchRate": 0.673606020543996,
      "matchRateByIdentifier": {
        "cusip6": 0.6587560842534347,
        "isin": 0.014849936290561326,
        "unmatched": 0.326393979456004
      },
      "topActiveBets": [
        {
          "name": "APPLE INC.",
          "fundWeight": 0.0658867277140602,
          "proxyWeight": 0.11656856171702823,
          "activeWeight": -0.050681834002968024,
          "blbTicker": "AAPL"
        },
        {
          "name": "NVIDIA CORPORATION",
          "fundWeight": 0.0817782333869379,
          "proxyWeight": 0.12945460879335305,
          "activeWeight": -0.047676375406415145,
          "blbTicker": "NVDA"
        },
        {
          "name": "MICROSOFT CORPORATION",
          "fundWeight": 0.05452919828388424,
          "proxyWeight": 0.08836575239353556,
          "activeWeight": -0.033836554109651314,
          "blbTicker": "MSFT"
        },
        {
          "name": "Exxon Mobil Corp.",
          "fundWeight": 0.02217637604036919,
          "proxyWeight": 0,
          "activeWeight": 0.02217637604036919,
          "blbTicker": "XOM"
        },
        {
          "name": "BROADCOM INC.",
          "fundWeight": 0.02826031684077797,
          "proxyWeight": 0.0479715320446599,
          "activeWeight": -0.01971121520388193,
          "blbTicker": "AVGO"
        },
        {
          "name": "TESLA, INC.",
          "fundWeight": 0.01803129151437042,
          "proxyWeight": 0.03554779995344603,
          "activeWeight": -0.01751650843907561,
          "blbTicker": "TSLA"
        },
        {
          "name": "COSTCO WHOLESALE CORPORATION",
          "fundWeight": 0,
          "proxyWeight": 0.01598124525315835,
          "activeWeight": -0.01598124525315835,
          "blbTicker": null
        },
        {
          "name": "ELI LILLY AND COMPANY",
          "fundWeight": 0.010969100833384829,
          "proxyWeight": 0.026625797887620695,
          "activeWeight": -0.015656697054235866,
          "blbTicker": null
        },
        {
          "name": "Berkshire Hathaway, Inc.",
          "fundWeight": 0.014118448355665881,
          "proxyWeight": 0,
          "activeWeight": 0.014118448355665881,
          "blbTicker": null
        },
        {
          "name": "Johnson & Johnson",
          "fundWeight": 0.013977153475146817,
          "proxyWeight": 0,
          "activeWeight": 0.013977153475146817,
          "blbTicker": "JNJ"
        }
      ]
    },
    {
      "proxy": "IWD",
      "activeShare": 0.6276240643160237,
      "identifierMatchRate": 0.5843716222438695,
      "matchRateByIdentifier": {
        "cusip6": 0.5584502349913125,
        "isin": 0.025921387252557035,
        "unmatched": 0.4156283777561305
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp.",
          "fundWeight": 0.0817782333869379,
          "proxyWeight": 0,
          "activeWeight": 0.0817782333869379,
          "blbTicker": "NVDA"
        },
        {
          "name": "Apple, Inc.",
          "fundWeight": 0.0658867277140602,
          "proxyWeight": 0,
          "activeWeight": 0.0658867277140602,
          "blbTicker": "AAPL"
        },
        {
          "name": "Microsoft Corp.",
          "fundWeight": 0.05452919828388424,
          "proxyWeight": 0,
          "activeWeight": 0.05452919828388424,
          "blbTicker": "MSFT"
        },
        {
          "name": "Broadcom, Inc.",
          "fundWeight": 0.02826031684077797,
          "proxyWeight": 0,
          "activeWeight": 0.02826031684077797,
          "blbTicker": "AVGO"
        },
        {
          "name": "JPMORGAN CHASE & CO.",
          "fundWeight": 0,
          "proxyWeight": 0.026357976973082797,
          "activeWeight": -0.026357976973082797,
          "blbTicker": "JPM"
        },
        {
          "name": "AMAZON.COM, INC.",
          "fundWeight": 0.04171966593170972,
          "proxyWeight": 0.01811686041169112,
          "activeWeight": 0.0236028055200186,
          "blbTicker": "AMZN"
        },
        {
          "name": "Tesla, Inc.",
          "fundWeight": 0.01803129151437042,
          "proxyWeight": 0,
          "activeWeight": 0.01803129151437042,
          "blbTicker": "TSLA"
        },
        {
          "name": "META PLATFORMS, INC.",
          "fundWeight": 0.024492635998171204,
          "proxyWeight": 0.007348498101745476,
          "activeWeight": 0.01714413789642573,
          "blbTicker": "META"
        },
        {
          "name": "ALPHABET INC.",
          "fundWeight": 0.05100265849737201,
          "proxyWeight": 0.0354650771022033,
          "activeWeight": 0.015537581395168712,
          "blbTicker": "GOOGL"
        },
        {
          "name": "BERKSHIRE HATHAWAY INC.",
          "fundWeight": 0.014118448355665881,
          "proxyWeight": 0.0291526208979656,
          "activeWeight": -0.015034172542299717,
          "blbTicker": null
        }
      ]
    },
    {
      "proxy": "IJH",
      "activeShare": 0.9925517257182531,
      "identifierMatchRate": 0.007448274281746875,
      "matchRateByIdentifier": {
        "cusip6": 0.007448274281746875,
        "isin": 0,
        "unmatched": 0.9925517257182531
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp.",
          "fundWeight": 0.0817782333869379,
          "proxyWeight": 0,
          "activeWeight": 0.0817782333869379,
          "blbTicker": "NVDA"
        },
        {
          "name": "Apple, Inc.",
          "fundWeight": 0.0658867277140602,
          "proxyWeight": 0,
          "activeWeight": 0.0658867277140602,
          "blbTicker": "AAPL"
        },
        {
          "name": "Microsoft Corp.",
          "fundWeight": 0.05452919828388424,
          "proxyWeight": 0,
          "activeWeight": 0.05452919828388424,
          "blbTicker": "MSFT"
        },
        {
          "name": "Alphabet, Inc.",
          "fundWeight": 0.05100265849737201,
          "proxyWeight": 0,
          "activeWeight": 0.05100265849737201,
          "blbTicker": "GOOGL"
        },
        {
          "name": "Amazon.com, Inc.",
          "fundWeight": 0.04171966593170972,
          "proxyWeight": 0,
          "activeWeight": 0.04171966593170972,
          "blbTicker": "AMZN"
        },
        {
          "name": "Broadcom, Inc.",
          "fundWeight": 0.02826031684077797,
          "proxyWeight": 0,
          "activeWeight": 0.02826031684077797,
          "blbTicker": "AVGO"
        },
        {
          "name": "Meta Platforms, Inc.",
          "fundWeight": 0.024492635998171204,
          "proxyWeight": 0,
          "activeWeight": 0.024492635998171204,
          "blbTicker": "META"
        },
        {
          "name": "Exxon Mobil Corp.",
          "fundWeight": 0.02217637604036919,
          "proxyWeight": 0,
          "activeWeight": 0.02217637604036919,
          "blbTicker": "XOM"
        },
        {
          "name": "Tesla, Inc.",
          "fundWeight": 0.01803129151437042,
          "proxyWeight": 0,
          "activeWeight": 0.01803129151437042,
          "blbTicker": "TSLA"
        },
        {
          "name": "Berkshire Hathaway, Inc.",
          "fundWeight": 0.014118448355665881,
          "proxyWeight": 0,
          "activeWeight": 0.014118448355665881,
          "blbTicker": null
        }
      ]
    },
    {
      "proxy": "IWM",
      "activeShare": 0.9996748723423466,
      "identifierMatchRate": 0.00032512765765339423,
      "matchRateByIdentifier": {
        "cusip6": 0.00032512765765339423,
        "isin": 0,
        "unmatched": 0.9996748723423466
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp.",
          "fundWeight": 0.0817782333869379,
          "proxyWeight": 0,
          "activeWeight": 0.0817782333869379,
          "blbTicker": "NVDA"
        },
        {
          "name": "Apple, Inc.",
          "fundWeight": 0.0658867277140602,
          "proxyWeight": 0,
          "activeWeight": 0.0658867277140602,
          "blbTicker": "AAPL"
        },
        {
          "name": "Microsoft Corp.",
          "fundWeight": 0.05452919828388424,
          "proxyWeight": 0,
          "activeWeight": 0.05452919828388424,
          "blbTicker": "MSFT"
        },
        {
          "name": "Alphabet, Inc.",
          "fundWeight": 0.05100265849737201,
          "proxyWeight": 0,
          "activeWeight": 0.05100265849737201,
          "blbTicker": "GOOGL"
        },
        {
          "name": "Amazon.com, Inc.",
          "fundWeight": 0.04171966593170972,
          "proxyWeight": 0,
          "activeWeight": 0.04171966593170972,
          "blbTicker": "AMZN"
        },
        {
          "name": "Broadcom, Inc.",
          "fundWeight": 0.02826031684077797,
          "proxyWeight": 0,
          "activeWeight": 0.02826031684077797,
          "blbTicker": "AVGO"
        },
        {
          "name": "Meta Platforms, Inc.",
          "fundWeight": 0.024492635998171204,
          "proxyWeight": 0,
          "activeWeight": 0.024492635998171204,
          "blbTicker": "META"
        },
        {
          "name": "Exxon Mobil Corp.",
          "fundWeight": 0.02217637604036919,
          "proxyWeight": 0,
          "activeWeight": 0.02217637604036919,
          "blbTicker": "XOM"
        },
        {
          "name": "Tesla, Inc.",
          "fundWeight": 0.01803129151437042,
          "proxyWeight": 0,
          "activeWeight": 0.01803129151437042,
          "blbTicker": "TSLA"
        },
        {
          "name": "Berkshire Hathaway, Inc.",
          "fundWeight": 0.014118448355665881,
          "proxyWeight": 0,
          "activeWeight": 0.014118448355665881,
          "blbTicker": null
        }
      ]
    },
    {
      "proxy": "IJR",
      "activeShare": 0.9999999999999997,
      "identifierMatchRate": 0,
      "matchRateByIdentifier": {
        "cusip6": 0,
        "isin": 0,
        "unmatched": 1
      },
      "topActiveBets": [
        {
          "name": "NVIDIA Corp.",
          "fundWeight": 0.0817782333869379,
          "proxyWeight": 0,
          "activeWeight": 0.0817782333869379,
          "blbTicker": "NVDA"
        },
        {
          "name": "Apple, Inc.",
          "fundWeight": 0.0658867277140602,
          "proxyWeight": 0,
          "activeWeight": 0.0658867277140602,
          "blbTicker": "AAPL"
        },
        {
          "name": "Microsoft Corp.",
          "fundWeight": 0.05452919828388424,
          "proxyWeight": 0,
          "activeWeight": 0.05452919828388424,
          "blbTicker": "MSFT"
        },
        {
          "name": "Alphabet, Inc.",
          "fundWeight": 0.05100265849737201,
          "proxyWeight": 0,
          "activeWeight": 0.05100265849737201,
          "blbTicker": "GOOGL"
        },
        {
          "name": "Amazon.com, Inc.",
          "fundWeight": 0.04171966593170972,
          "proxyWeight": 0,
          "activeWeight": 0.04171966593170972,
          "blbTicker": "AMZN"
        },
        {
          "name": "Broadcom, Inc.",
          "fundWeight": 0.02826031684077797,
          "proxyWeight": 0,
          "activeWeight": 0.02826031684077797,
          "blbTicker": "AVGO"
        },
        {
          "name": "Meta Platforms, Inc.",
          "fundWeight": 0.024492635998171204,
          "proxyWeight": 0,
          "activeWeight": 0.024492635998171204,
          "blbTicker": "META"
        },
        {
          "name": "Exxon Mobil Corp.",
          "fundWeight": 0.02217637604036919,
          "proxyWeight": 0,
          "activeWeight": 0.02217637604036919,
          "blbTicker": "XOM"
        },
        {
          "name": "Tesla, Inc.",
          "fundWeight": 0.01803129151437042,
          "proxyWeight": 0,
          "activeWeight": 0.01803129151437042,
          "blbTicker": "TSLA"
        },
        {
          "name": "Berkshire Hathaway, Inc.",
          "fundWeight": 0.014118448355665881,
          "proxyWeight": 0,
          "activeWeight": 0.014118448355665881,
          "blbTicker": null
        }
      ]
    }
  ],
  "bestFitProxy": "IVV",
  "bestFitActiveShare": 0.35122731619132525,
  "declaredBenchmarkName": "S&P 500 INDEX",
  "declaredBenchmarkPeriod": "2025-06-30",
  "declaredBenchmarkAccession": "0001193125-25-246532",
  "declaredBenchmarkSourceUrl": "https://www.sec.gov/Archives/edgar/data/1217286/000119312525246532/0001193125-25-246532-index.html",
  "declaredProxy": "IVV",
  "declaredActiveShare": 0.35122731619132525,
  "benchmarkMismatch": "match",
  "identifierMatchRate": 0.990275883395481,
  "reviewRequired": false,
  "reviewReason": null,
  "feePerActiveUnitByClass": [
    {
      "classId": "C000007573",
      "value": 0.01708295375503083
    },
    {
      "classId": "C000007571",
      "value": 0.009965056357101317
    },
    {
      "classId": "C000007982",
      "value": 0.007117897397929512
    }
  ],
  "feeDragBaselineExpenseRatio": 0.0001,
  "feeDragByClass": [
    {
      "classId": "C000007573",
      "projections": [
        {
          "horizonYears": 10,
          "fundEndingValue": 153817.2301826074,
          "baselineEndingValue": 162734.39632475894,
          "feeDragVsBaseline": 8917.166142151546
        },
        {
          "horizonYears": 20,
          "fundEndingValue": 236597.40301049227,
          "baselineEndingValue": 264824.8374718372,
          "feeDragVsBaseline": 28227.434461344907
        },
        {
          "horizonYears": 30,
          "fundEndingValue": 363927.5719947202,
          "baselineEndingValue": 430961.10057781835,
          "feeDragVsBaseline": 67033.52858309814
        }
      ]
    },
    {
      "classId": "C000007571",
      "projections": [
        {
          "horizonYears": 10,
          "fundEndingValue": 157540.53890620547,
          "baselineEndingValue": 162734.39632475894,
          "feeDragVsBaseline": 5193.857418553467
        },
        {
          "horizonYears": 20,
          "fundEndingValue": 248190.21398857638,
          "baselineEndingValue": 264824.8374718372,
          "feeDragVsBaseline": 16634.623483260802
        },
        {
          "horizonYears": 30,
          "fundEndingValue": 391000.2006300678,
          "baselineEndingValue": 430961.10057781835,
          "feeDragVsBaseline": 39960.89994775056
        }
      ]
    },
    {
      "classId": "C000007982",
      "projections": [
        {
          "horizonYears": 10,
          "fundEndingValue": 159052.43283698792,
          "baselineEndingValue": 162734.39632475894,
          "feeDragVsBaseline": 3681.9634877710196
        },
        {
          "horizonYears": 20,
          "fundEndingValue": 252976.76391364544,
          "baselineEndingValue": 264824.8374718372,
          "feeDragVsBaseline": 11848.07355819174
        },
        {
          "horizonYears": 30,
          "fundEndingValue": 402365.6975169364,
          "baselineEndingValue": 430961.10057781835,
          "feeDragVsBaseline": 28595.403060881945
        }
      ]
    }
  ],
  "licensedReturnMetrics": {
    "provenance": "Computed on licensed market-return history",
    "computedAt": "2026-07-29T14:22:09.616Z",
    "proxy": "IVV",
    "proxyReturnBasis": "total",
    "feeDragByClass": [
      {
        "classId": "C000007573",
        "windows": [
          {
            "horizonYears": 10,
            "windowStart": "2016-07-29",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": 0.148774400560296,
            "fundEndingValue": 379784.80764616036,
            "baselineEndingValue": 399852.09772775375,
            "feeDragVsBaseline": 20067.290081593383,
            "missingReason": null
          },
          {
            "horizonYears": 20,
            "windowStart": "2006-07-31",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": 0.11192584102435976,
            "fundEndingValue": 748684.1516687499,
            "baselineEndingValue": 832725.9362568682,
            "feeDragVsBaseline": 84041.78458811832,
            "missingReason": null
          },
          {
            "horizonYears": 30,
            "windowStart": null,
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": null,
            "fundEndingValue": null,
            "baselineEndingValue": null,
            "feeDragVsBaseline": null,
            "missingReason": "proxy history begins 2000 — no full 30-year window"
          }
        ],
        "missingReason": null
      },
      {
        "classId": "C000007571",
        "windows": [
          {
            "horizonYears": 10,
            "windowStart": "2016-07-29",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": 0.148774400560296,
            "fundEndingValue": 388174.4854462269,
            "baselineEndingValue": 399852.09772775375,
            "feeDragVsBaseline": 11677.612281526846,
            "missingReason": null
          },
          {
            "horizonYears": 20,
            "windowStart": "2006-07-31",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": 0.11192584102435976,
            "fundEndingValue": 783260.8077035837,
            "baselineEndingValue": 832725.9362568682,
            "feeDragVsBaseline": 49465.12855328445,
            "missingReason": null
          },
          {
            "horizonYears": 30,
            "windowStart": null,
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": null,
            "fundEndingValue": null,
            "baselineEndingValue": null,
            "feeDragVsBaseline": null,
            "missingReason": "proxy history begins 2000 — no full 30-year window"
          }
        ],
        "missingReason": null
      },
      {
        "classId": "C000007982",
        "windows": [
          {
            "horizonYears": 10,
            "windowStart": "2016-07-29",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": 0.148774400560296,
            "fundEndingValue": 391576.7941735987,
            "baselineEndingValue": 399852.09772775375,
            "feeDragVsBaseline": 8275.303554155049,
            "missingReason": null
          },
          {
            "horizonYears": 20,
            "windowStart": "2006-07-31",
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": 0.11192584102435976,
            "fundEndingValue": 797511.8017920939,
            "baselineEndingValue": 832725.9362568682,
            "feeDragVsBaseline": 35214.13446477428,
            "missingReason": null
          },
          {
            "horizonYears": 30,
            "windowStart": null,
            "windowEnd": "2026-07-29",
            "proxyHistoryStart": "2000-05-19",
            "annualizedProxyReturn": null,
            "fundEndingValue": null,
            "baselineEndingValue": null,
            "feeDragVsBaseline": null,
            "missingReason": "proxy history begins 2000 — no full 30-year window"
          }
        ],
        "missingReason": null
      }
    ],
    "trackingDifferenceByClass": []
  },
  "filterStats": {
    "total": 158,
    "keptLongCommonEquity": 156,
    "droppedAssetCategory": {
      "DE": 1,
      "STIV": 1
    },
    "droppedPayoffProfile": 0,
    "droppedNonPositivePct": 0
  },
  "publishable": true
}