IUSAAmberwave Invest USA JSG Fund
The investment objective of the Fund is to seek to provide long-term capital appreciation.
Amberwave Partners · Since 2022 (4 years)
0.67%
#3210 out of 5,332 ETFs
$2M
#5166 out of 5,332 ETFs
—
4 years
#2667 out of 5,332 ETFs
Performance
1 Year
-7.0%
3 Years
N/A
5 Years
N/A
What's inside
Asset allocation
Top holdings
Risk profile
23.7%
High
-21.8%
Worst peak-to-trough loss
N/A
N/A
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Closet indexer — active fees, passive behavior
This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.
- R²
- 95.6%
- TE
- 5.2%
- Beta
- 0.93
- Fee
- 3× 0.20%
Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)
Why we flagged this: strategy=tactical_allocation + high_r_squared+near_market_beta+fee_premium
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05