# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0001193125-26-022849
**Filing Date:** 2026-1
**Character Count:** 28732
**Document Hash:** dbb52340bf14a57a1d05786b50320c01
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-022849.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001193125-26-022849

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260126

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-191837
- **FILM NUMBER:** 26561504

**BUSINESS ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Series and Classes Contracts Data

### JPMorgan Diversified Return International Equity ETF (Series ID: S000045406)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                           | Ticker Symbol | Class ID   |
| JPMorgan Diversified Return International Equity ETF | JPIN          | C000141385 |

---

### JPMorgan Diversified Return Emerging Markets Equity ETF (Series ID: S000045407)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                              | Ticker Symbol | Class ID   |
| JPMorgan Diversified Return Emerging Markets Equity ETF | JPEM          | C000141386 |

---

### JPMorgan Diversified Return U.S. Equity ETF (Series ID: S000046874)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                  | Ticker Symbol | Class ID   |
| JPMorgan Diversified Return U.S. Equity ETF | JPUS          | C000146462 |

---

### JPMorgan Diversified Return U.S. Mid Cap Equity ETF (Series ID: S000053745)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                          | Ticker Symbol | Class ID   |
| JPMorgan Diversified Return U.S. Mid Cap Equity ETF | JPME          | C000168940 |

---

### JPMorgan Diversified Return U.S. Small Cap Equity ETF (Series ID: S000055014)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                            | Ticker Symbol | Class ID   |
| JPMorgan Diversified Return U.S. Small Cap Equity ETF | JPSE          | C000173015 |

---

### JPMorgan U.S. Momentum Factor ETF (Series ID: S000059313)

---

|  |  |  |
|:---|:---|:---|
| Class Name                        | Ticker Symbol | Class ID   |
| JPMorgan U.S. Momentum Factor ETF | JMOM          | C000194672 |

---

### JPMorgan U.S. Value Factor ETF (Series ID: S000059314)

---

|  |  |  |
|:---|:---|:---|
| Class Name                     | Ticker Symbol | Class ID   |
| JPMorgan U.S. Value Factor ETF | JVAL          | C000194673 |

---

### JPMorgan U.S. Quality Factor ETF (Series ID: S000059315)

---

|  |  |  |
|:---|:---|:---|
| Class Name                       | Ticker Symbol | Class ID   |
| JPMorgan U.S. Quality Factor ETF | JQUA          | C000194674 |

---

## Series and Classes Contracts Data

### JPMorgan Diversified Return International Equity ETF (Series ID: S000045406)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000141385 | JPMorgan Diversified Return International Equity ETF | JPIN            |

### JPMorgan Diversified Return Emerging Markets Equity ETF (Series ID: S000045407)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000141386 | JPMorgan Diversified Return Emerging Markets Equity ETF | JPEM            |

### JPMorgan Diversified Return U.S. Equity ETF (Series ID: S000046874)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000146462 | JPMorgan Diversified Return U.S. Equity ETF | JPUS            |

### JPMorgan Diversified Return U.S. Mid Cap Equity ETF (Series ID: S000053745)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000168940 | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | JPME            |

### JPMorgan Diversified Return U.S. Small Cap Equity ETF (Series ID: S000055014)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000173015 | JPMorgan Diversified Return U.S. Small Cap Equity ETF | JPSE            |

### JPMorgan U.S. Momentum Factor ETF (Series ID: S000059313)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000194672 | JPMorgan U.S. Momentum Factor ETF | JMOM            |

### JPMorgan U.S. Value Factor ETF (Series ID: S000059314)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000194673 | JPMorgan U.S. Value Factor ETF | JVAL            |

### JPMorgan U.S. Quality Factor ETF (Series ID: S000059315)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000194674 | JPMorgan U.S. Quality Factor ETF | JQUA            |

**J.P. MORGAN EXCHANGE-TRADED FUNDS** 

**JPMorgan Diversified Return Emerging Markets Equity ETF** 

**JPMorgan Diversified Return International Equity ETF** 

**JPMorgan Diversified Return U.S. Equity ETF** 

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF** 

**JPMorgan Diversified Return U.S. Small Cap Equity ETF** 

**JPMorgan U.S. Momentum Factor ETF** 

**JPMorgan U.S. Quality Factor ETF** 

**JPMorgan U.S. Value Factor ETF** 

*(each, a "Fund" and collectively, the "Funds")* 

*(each, a series of J.P. Morgan Exchange-Traded Fund Trust)* 

**Supplement dated January 27, 2026** 

**to the current Summary Prospectuses and Prospectus, as supplemented** 

Effective February 1, 2026, the portfolio manager information in the "**Risk/Return Summary — Management**" section of each Fund's Summary Prospectus and Prospectus is hereby deleted in its entirety and replaced with the following:

**JPMorgan Diversified Return Emerging Markets Equity ETF** 

**Management** 

J.P. Morgan Investment Management Inc. (the adviser)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Portfolio Manager** | **Managed the**<br> **Fund Since** | **Primary Title with**<br> **Investment Adviser** |
| &nbsp;&nbsp;&nbsp;Yazann Romahi | 2017 | Managing Director |
| &nbsp;&nbsp;&nbsp;Joe Staines | 2017 | Executive Director |
| &nbsp;&nbsp;&nbsp;Kartik Aiyar | 2017 | Executive Director |
| &nbsp;&nbsp;&nbsp;Natalia Zvereva | 2022 | Executive Director |

---

**JPMorgan Diversified Return International Equity ETF** 

**Management** 

J.P. Morgan Investment Management Inc. (the adviser)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Portfolio Manager** | **Managed the**<br> **Fund Since** | **Primary Title with**<br> **Investment Adviser** |
| &nbsp;&nbsp;&nbsp;Yazann Romahi | 2017 | Managing Director |
| &nbsp;&nbsp;&nbsp;Kartik Aiyar | 2017 | Executive Director |
| &nbsp;&nbsp;&nbsp;Joe Staines | 2017 | Executive Director |
| &nbsp;&nbsp;&nbsp;Natalia Zvereva | 2022 | Executive Director |

---

**SUP-ETF-P-126** 

------

**JPMorgan Diversified Return U.S. Equity ETF** 

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF** 

**JPMorgan Diversified Return U.S. Small Cap Equity ETF** 

**Management** 

J.P. Morgan Investment Management Inc. (the adviser)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Portfolio Manager** | **Managed the**<br> **Fund Since** | **Primary Title with**<br> **Investment Adviser** |
| &nbsp;&nbsp;&nbsp;Yazann Romahi | 2016 | Managing Director |
| &nbsp;&nbsp;&nbsp;Joe Staines | 2016 | Executive Director |
| &nbsp;&nbsp;&nbsp;Natalia Zvereva | 2022 | Executive Director |

---

**JPMorgan U.S. Momentum Factor ETF** 

**JPMorgan U.S. Quality Factor ETF** 

**JPMorgan U.S. Value Factor ETF** 

**Management** 

J.P. Morgan Investment Management Inc. (the adviser)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Portfolio Manager** | **Managed the**<br> **Fund Since** | **Primary Title with**<br> **Investment Adviser** |
| &nbsp;&nbsp;&nbsp;Yazann Romahi | 2017 | Managing Director |
| &nbsp;&nbsp;&nbsp;Joe Staines | 2017 | Executive Director |
| &nbsp;&nbsp;&nbsp;Natalia Zvereva | 2022 | Executive Director |

---

In addition, the "**The Funds' Management and Administration — The Portfolio Managers — Diversified Return Emerging Markets Equity ETF, Diversified Return International Equity ETF, Diversified Return U.S. Equity ETF, Diversified Return U.S. Mid Cap Equity ETF, Diversified Return U.S. Small Cap Equity ETF, U.S. Momentum Factor ETF, U.S. Quality Factor ETF and U.S. Value Factor ETF**" section of the Funds' Prospectus is hereby deleted in its entirety and replaced with the following:

**Diversified Return Emerging Markets Equity ETF and Diversified Return International Equity ETF** 

The portfolio management team utilizes a team-based approach, and the portfolio management team for each Fund is comprised of Yazann Romahi, Joe Staines, Kartik Aiyar and Natalia Zvereva. The team is responsible for managing the Fund on a day-to-day basis with a goal to seek investment results that closely correspond, before fees and expenses, to the performance of the Fund's underlying index. Each portfolio manager is responsible for various functions related to portfolio management, including, but not limited to, investing cash inflows, coordinating with members of his or her portfolio management team to focus on certain asset classes, implementing investment strategy, researching and reviewing investment strategy and overseeing members of his or her portfolio management team that have more limited responsibilities. Dr. Romahi, Managing Director of JPMIM, is the CIO of JPMIM's Quantitative Solutions since 2016. Dr. Romahi has been an employee since 2003 and a portfolio manager since 2009. From 2008 to 2016, he was Global Head of Quantitative Strategies and Research in JPMIM's Multi-Asset Solutions Team. Dr. Staines, an Executive Director of JPMIM and a CFA charterholder, has been a research analyst and a portfolio manager in the Quantitative Solutions Team since 2016. An employee since 2014, he previously was a quantitative analyst in the Quantitative Portfolio Strategies Team in JPMIM's

------

Multi-Asset Solutions Team from 2014 to 2016. Prior to joining the firm, he was completing his PhD in Computational Finance from University College London. Mr. Aiyar, an Executive Director of JPMIM, has been a research analyst and portfolio manager in the Quantitative Solutions Team since 2016. An employee since 2013, he was a quantitative analyst in the Quantitative Portfolio Strategies Team in JPMIM's Multi-Asset Solutions Team from 2014 to 2016 before which he was an intern and analyst in the Emerging Markets Risk Team in the JPMorgan Investment Bank. Prior to joining the firm, he was completing his Bachelor of Arts in History and Economics from the University of Oxford. Ms. Zvereva, an Executive Director, is a portfolio manager in the Quantitative Solutions team. An employee since 2011, Ms. Zvereva was an investment risk manager covering Quantitative Solutions and Alternatives from 2016 to 2021. Previously, she was a derivatives risk manager in the JPMorgan Investment Bank.

**Diversified Return U.S. Equity ETF, Diversified Return U.S. Mid Cap Equity ETF, Diversified Return U.S. Small Cap Equity ETF, U.S. Momentum Factor ETF, U.S. Quality Factor ETF and U.S. Value Factor ETF** 

The portfolio management team utilizes a team-based approach, and the portfolio management team for each Fund is comprised of Yazann Romahi, Joe Staines and Natalia Zvereva. The team is responsible for managing the Fund on a day-to-day basis with a goal to seek investment results that closely correspond, before fees and expenses, to the performance of the Fund's underlying index. Each portfolio manager is responsible for various functions related to portfolio management, including, but not limited to, investing cash inflows, coordinating with members of his or her portfolio management team to focus on certain asset classes, implementing investment strategy, researching and reviewing investment strategy and overseeing members of his or her portfolio management team that have more limited responsibilities. Information about Messrs. Romahi and Staines, and Ms. Zvereva is discussed earlier in this section.

**INVESTORS SHOULD RETAIN THIS SUPPLEMENT** 

**WITH THE SUMMARY PROSPECTUSES AND PROSPECTUS FOR FUTURE REFERENCE** 

------

**J.P. MORGAN EXCHANGE-TRADED FUNDS** 

**JPMorgan Diversified Return Emerging Markets Equity ETF** 

**JPMorgan Diversified Return International Equity ETF** 

**JPMorgan Diversified Return U.S. Equity ETF** 

**JPMorgan Diversified Return U.S. Mid Cap Equity ETF** 

**JPMorgan Diversified Return U.S. Small Cap Equity ETF** 

**JPMorgan U.S. Momentum Factor ETF** 

**JPMorgan U.S. Quality Factor ETF** 

**JPMorgan U.S. Value Factor ETF** 

*(each, a "Fund" and collectively, the "Funds")* 

*(each, a series of J.P. Morgan Exchange-Traded Fund Trust)* 

**Supplement dated January 27, 2026** 

**to the current Statement of Additional Information, as supplemented** 

Effective February 1, 2026, the information in the "**Portfolio Managers — Portfolio Managers' Other Accounts Managed**" section of the Statement of Additional Information ("SAI") with respect to the Funds is hereby deleted in its entirety and replaced with the following:

**Portfolio Managers' Other Accounts Managed\*** 

The following table shows information regarding all of the other accounts managed for which advisory fees are not based on the performance of the accounts that are managed by each portfolio manager as of October 31, 2024:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** |
|  | **Registered Investment<br>Companies** | **Registered Investment<br>Companies** | **Other Pooled Investment<br>Vehicles** | **Other Pooled Investment<br>Vehicles** | **Other Accounts** | **Other Accounts** |
| **Fund** | **Number<br>of<br>Accounts** | **Total Assets**<br>**($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets**<br>**($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets**<br>**($ thousands)** |
|  **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** |
| Yazann Romahi | 10 | $9021963 | 10 | $2431257 | 6 | $745891 |
| Joe Staines | 9 | 9730344 | 12 | 2441760 | 14 | 12534934 |
| Kartik Aiyar | 2 | 1070942 | 10 | 2868220 | 4 | 628497 |
| Natalia Zvereva | 8 | 8565821 | 1 | 115646 | 3 | 1808684 |
|  **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** |
| Yazann Romahi | 11 | 9346881 | 10 | 2431257 | 6 | 745891 |
| Kartik Aiyar | 3 | 1395861 | 10 | 2868220 | 4 | 628497 |
| Joe Staines | 10 | 10055262 | 12 | 2441760 | 14 | 12534934 |
| Natalia Zvereva | 9 | 8890739 | 1 | 115646 | 3 | 1808684 |
|  **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** |
| Yazann Romahi | 10 | 8907129 | 10 | 2431257 | 6 | 745891 |
| Joe Staines | 9 | 9615509 | 12 | 2441760 | 14 | 12534934 |
| Natalia Zvereva | 8 | 8450987 | 1 | 115646 | 3 | 1808684 |
|  **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** |
| Yazann Romahi | 10 | 8939190 | 10 | 2431257 | 6 | 745891 |
| Joe Staines | 9 | 9647571 | 12 | 2441760 | 14 | 12534934 |
| Natalia Zvereva | 8 | 8483048 | 1 | 115646 | 3 | 1808684 |
|  **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** |
| Yazann Romahi | 10 | 8836222 | 10 | 2431257 | 6 | 745891 |
| Joe Staines | 9 | 9544602 | 12 | 2441760 | 14 | 12534934 |
| Natalia Zvereva | 8 | 8380080 | 1 | 115646 | 3 | 1808684 |

---

**SUP-SAI-ETF-P-126** 

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** | **Non-Performance Based Fee Advisory Accounts** |
|  | **Registered Investment<br>Companies** | **Registered Investment<br>Companies** | **Other Pooled Investment<br>Vehicles** | **Other Pooled Investment<br>Vehicles** | **Other Accounts** | **Other Accounts** |
| **Fund** | **Number<br>of<br>Accounts** | **Total Assets**<br>**($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets**<br>**($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets**<br>**($ thousands)** |
|  **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** |
| Yazann Romahi | 10 | $8187711 | 10 | $2431257 | 6 | $745891 |
| Joe Staines | 9 | 8896091 | 12 | 2441760 | 14 | 12534934 |
| Natalia Zvereva | 8 | 7731568 | 1 | 115646 | 3 | 1808684 |
|  **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** |
| Yazann Romahi | 10 | 4322360 | 10 | 2431257 | 6 | 745891 |
| Joe Staines | 9 | 5030740 | 12 | 2441760 | 14 | 12534934 |
| Natalia Zvereva | 8 | 3866218 | 1 | 115646 | 3 | 1808684 |
|  **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** |
| Yazann Romahi | 10 | 8670064 | 10 | 2431257 | 6 | 745891 |
| Joe Staines | 9 | 9378445 | 12 | 2441760 | 14 | 12534934 |
| Natalia Zvereva | 8 | 8213922 | 1 | 115646 | 3 | 1808684 |

---

The following table shows information regarding the other accounts managed by each portfolio manager that have advisory fees wholly or partly based on performance as of October 31, 2024:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** |
|  | **Registered Investment<br>Companies** | **Registered Investment<br>Companies** | **Other Pooled Investment<br>Vehicles** | **Other Pooled Investment<br>Vehicles** | **Other Accounts** | **Other Accounts** |
| **Fund** | **Number<br>of<br>Accounts** | **Total Assets<br>($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets<br>($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets<br>($ thousands)** |
|  **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** |
| Yazann Romahi | 0 | $0 | 0 | $0 | 1 | $231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Kartik Aiyar | 0 | 0 | 0 | 0 | 1 | 231 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |
|  **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** |
| Yazann Romahi | 0 | 0 | 0 | 0 | 1 | 231 |
| Kartik Aiyar | 0 | 0 | 0 | 0 | 1 | 231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |
|  **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** |
| Yazann Romahi | 0 | 0 | 0 | 0 | 1 | 231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |
|  **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** |
| Yazann Romahi | 0 | 0 | 0 | 0 | 1 | 231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |
|  **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** |
| Yazann Romahi | 0 | 0 | 0 | 0 | 1 | 231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** | **Performance Based Fee Advisory Accounts** |
|  | **Registered Investment<br>Companies** | **Registered Investment<br>Companies** | **Other Pooled Investment<br>Vehicles** | **Other Pooled Investment<br>Vehicles** | **Other Accounts** | **Other Accounts** |
| **Fund** | **Number<br>of<br>Accounts** | **Total Assets<br>($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets<br>($ thousands)** | **Number<br>of<br>Accounts** | **Total Assets<br>($ thousands)** |
|  **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** |
| Yazann Romahi | 0 | $0 | 0 | $0 | 1 | $231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |
|  **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** |
| Yazann Romahi | 0 | 0 | 0 | 0 | 1 | 231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |
|  **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** |
| Yazann Romahi | 0 | 0 | 0 | 0 | 1 | 231 |
| Joe Staines | 0 | 0 | 0 | 0 | 0 | 0 |
| Natalia Zvereva | 0 | 0 | 0 | 0 | 0 | 0 |

---

\* The total value and number of accounts managed by a portfolio manager may include sub-accounts of asset allocation, multi-managed and other accounts. 

In addition, effective February 1, 2026, the information in the "**Portfolio Managers — Portfolio Managers' Ownership of Securities**" section of the SAI with respect to the Funds is hereby deleted in its entirety and replaced with the following:

**Portfolio Managers' Ownership of Securities** 

The following table indicates the dollar range of securities beneficially owned by each portfolio manager, as of October 31, 2024. Aggregate Dollar Range, if applicable, includes each portfolio manager's deferred compensation balance attributable to each Fund through participation in the Adviser's deferred compensation plan. If applicable, this reflects an obligation of the Adviser to pay deferred compensation to the portfolio manager at a future date in an amount based on the performance of that Fund and accordingly, is the economic equivalent of an investment in Fund Shares.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** |
| **Fund** | **None** | **$1-**<br>**$10000** | **$10001-<br>$50000** | **$50001-<br>$100000** | **$100001-**<br>**$500000** | **$500001-**<br>**$1000000** | **Over<br>$1,000,000** |
|  **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** | **Emerging Markets Equity ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Kartik Aiyar | X |  |  |  |  |  |  |
| Natalia Zvereva |  | X |  |  |  |  |  |
|  **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** | **International Equity ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Kartik Aiyar | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Natalia Zvereva |  | X |  |  |  |  |  |
|  **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** | **U.S. Equity ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Natalia Zvereva |  | X |  |  |  |  |  |

---

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** | **Aggregate Dollar Range of Securities in the Fund** |
| **Fund** | **None** | **$1-**<br>**$10000** | **$10001-<br>$50000** | **$50001-<br>$100000** | **$100001-**<br>**$500000** | **$500001-**<br>**$1000000** | **Over<br>$1,000,000** |
|  **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** | **U.S. Mid Cap Equity ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Natalia Zvereva |  | X |  |  |  |  |  |
|  **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** | **U.S. Small Cap Equity ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Natalia Zvereva |  | X |  |  |  |  |  |
|  **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** | **U.S. Momentum Factor ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Natalia Zvereva |  | X |  |  |  |  |  |
|  **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** | **U.S. Quality Factor ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Natalia Zvereva |  |  | X |  |  |  |  |
|  **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** | **U.S. Value Factor ETF** |
| Yazann Romahi | X |  |  |  |  |  |  |
| Joe Staines | X |  |  |  |  |  |  |
| Natalia Zvereva |  | X |  |  |  |  |  |

---

**INVESTORS SHOULD RETAIN THIS SUPPLEMENT** 

**WITH THE STATEMENT OF ADDITIONAL INFORMATION FOR FUTURE REFERENCE**