Core Insights - The JPMorgan Carbon Transition U.S. Equity ETF (JCTR US) focuses on large- and mid-cap U.S. equities from the Russell 1000 Index, which includes the largest 1,000 U.S. companies by free-float market capitalization [1] Group 1: Portfolio Construction Methodology - The underlying index excludes companies involved in controversial activities such as weapons, fossil fuels, gambling, adult entertainment, and severe violations of the United Nations Global Compact, as well as the sponsor's own stock [1] - Each remaining company is assigned a Carbon Transition Score based on seven indicator groups across three pillars: emissions, resource management, and risk management [1] - A multi-stage optimization process reweights securities to favor those with higher Carbon Transition Scores while maintaining sector weights similar to the Russell 1000 [1] - The strategy enforces stock-level liquidity caps based on median daily volume, a 10% turnover cap per quarterly rebalance, and adheres to EU Climate Transition Benchmark rules, requiring at least a 30% reduction in weighted-average carbon intensity compared to the Russell 1000 and a 7% annual decarbonization trajectory [1]