AUSF vs. HELO ETF Comparison

Comparison of Global X Adaptive U.S. Factor ETF (AUSF) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.62

Average Daily Volume

36,554

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

HELO Description

The fund seeks to provide capital appreciation through participation in the broad equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. The fund uses an enhanced index strategy to invest in equity securities similar to those in the S&P 500 Index, which primarily consist of common stocks of large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$62.66

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	AUSF	HELO
30 Days	4.22%	1.57%
60 Days	5.67%	3.39%
90 Days	7.18%	4.59%
12 Months	33.52%	20.91%

47 Overlapping Holdings

Symbol	Grade	Weight in AUSF	Weight in HELO	Overlap
AAPL	C	0.1%	6.83%	0.1%
ABBV	D	0.14%	1.14%	0.14%
AME	A	0.09%	0.06%	0.06%
BBY	D	0.46%	0.2%	0.2%
BRK.A	B	1.5%	1.53%	1.5%
BSX	B	1.54%	0.52%	0.52%
C	A	0.53%	0.3%	0.3%
CHD	B	0.12%	0.3%	0.12%
CI	F	0.08%	0.34%	0.08%
CMCSA	B	0.51%	0.71%	0.51%
CME	A	1.39%	0.59%	0.59%
COST	B	0.12%	0.53%	0.12%
CVX	A	0.09%	0.18%	0.09%
DOW	F	0.42%	0.35%	0.35%
HON	B	0.07%	0.98%	0.07%
HPE	B	0.54%	0.18%	0.18%
JNJ	D	1.34%	0.51%	0.51%
KO	D	1.03%	0.63%	0.63%
LDOS	C	0.1%	0.39%	0.1%
LIN	D	1.35%	0.82%	0.82%
LYB	F	0.46%	0.23%	0.23%
MA	C	0.08%	1.72%	0.08%
MCD	D	0.7%	0.81%	0.7%
MCK	B	0.09%	0.16%	0.09%
MDLZ	F	0.07%	0.72%	0.07%
MDT	D	0.45%	0.46%	0.45%
MMC	B	1.42%	0.14%	0.14%
MO	A	0.65%	0.15%	0.15%
MRK	F	1.0%	0.24%	0.24%
MSI	B	0.09%	0.17%	0.09%
NOC	D	0.08%	0.17%	0.08%
PCAR	B	0.52%	0.18%	0.18%
PEP	F	0.66%	0.83%	0.66%
PG	A	0.83%	0.14%	0.14%
PGR	A	0.18%	0.75%	0.18%
REGN	F	0.05%	0.45%	0.05%
SO	D	0.12%	0.84%	0.12%
T	A	1.9%	0.18%	0.18%
TDG	D	0.47%	0.52%	0.47%
TMUS	B	1.59%	0.17%	0.17%
TRV	B	0.12%	0.34%	0.12%
UNH	C	0.08%	1.62%	0.08%
V	A	1.51%	1.49%	1.49%
VRTX	F	0.07%	0.6%	0.07%
WELL	A	0.07%	0.27%	0.07%
XOM	B	0.08%	1.43%	0.08%
YUM	B	0.26%	0.5%	0.26%

AUSF Overweight 143 Positions Relative to HELO

Symbol	Grade	Weight
VZ	C	1.83%
RSG	A	1.56%
WMT	A	1.56%
COR	B	1.51%
EA	A	1.43%
ADP	B	1.43%
CSCO	B	1.41%
ICE	C	1.41%
LMT	D	1.4%
RTX	C	1.4%
WM	A	1.38%
IBM	C	1.37%
JNPR	F	1.36%
GD	F	1.33%
EDR	A	1.32%
ACI	C	1.29%
DOX	D	1.25%
CBOE	B	0.94%
BR	A	0.84%
DTM	B	0.7%
KMI	A	0.66%
UNM	A	0.65%
TPR	B	0.63%
MARA	C	0.62%
IP	B	0.59%
OKE	A	0.58%
SYF	B	0.58%
FHN	A	0.57%
WBS	A	0.57%
UMBF	B	0.56%
ZION	B	0.56%
FNB	A	0.56%
VTRS	A	0.56%
CMA	A	0.55%
WHR	B	0.55%
ONB	B	0.55%
ABG	B	0.55%
RF	A	0.55%
AL	B	0.55%
CFG	B	0.55%
PB	A	0.55%
COLB	A	0.55%
UBSI	B	0.55%
HBAN	A	0.55%
LAD	A	0.55%
LBRDK	C	0.54%
OZK	B	0.54%
INTC	D	0.54%
CADE	B	0.54%
PVH	C	0.53%
TAP	C	0.53%
BEN	C	0.53%
GM	B	0.52%
ALLY	C	0.52%
LNC	B	0.52%
HPQ	B	0.52%
AM	A	0.52%
NOV	C	0.52%
BCC	B	0.51%
CIVI	D	0.51%
SLG	B	0.51%
CNH	C	0.51%
CNC	D	0.5%
CHRD	D	0.5%
CHE	D	0.5%
JXN	C	0.5%
DINO	D	0.49%
NXST	C	0.49%
BG	F	0.49%
AGNC	D	0.49%
STWD	C	0.49%
QGEN	D	0.49%
CVS	D	0.49%
HST	C	0.49%
MOS	F	0.48%
SNX	C	0.48%
X	C	0.48%
CRBG	B	0.48%
BWA	D	0.48%
UGI	A	0.48%
VICI	C	0.48%
RDN	C	0.48%
AVT	C	0.48%
KRC	C	0.47%
EMN	D	0.47%
SON	D	0.47%
HOG	D	0.47%
SOLV	C	0.47%
ADM	D	0.47%
M	D	0.47%
RPRX	D	0.47%
GAP	C	0.47%
RNR	C	0.47%
WU	D	0.46%
CAG	D	0.45%
FMC	D	0.45%
LEA	D	0.44%
PFE	D	0.43%
KHC	F	0.43%
SWKS	F	0.43%
ARW	D	0.43%
WBA	F	0.43%
HII	D	0.42%
OGN	D	0.42%
CE	F	0.29%
CACI	D	0.18%
TW	A	0.14%
GRMN	B	0.13%
KR	B	0.12%
VRSK	A	0.1%
DUK	C	0.1%
ORI	A	0.1%
SNA	A	0.1%
GDDY	A	0.1%
WMB	A	0.1%
AFL	B	0.1%
ATR	B	0.09%
PNW	B	0.09%
PKG	A	0.09%
WRB	A	0.09%
INGR	B	0.08%
TJX	A	0.08%
CAH	B	0.08%
FI	A	0.08%
HOLX	D	0.08%
BDX	F	0.08%
HIG	B	0.08%
CB	C	0.08%
ED	D	0.08%
VRSN	F	0.08%
FE	C	0.07%
CTLT	B	0.07%
KMB	D	0.07%
K	A	0.07%
ECL	D	0.07%
AJG	B	0.07%
AMGN	D	0.07%
ATO	A	0.07%
DGX	A	0.07%
ROP	B	0.07%
CL	D	0.07%
L	A	0.07%
AKAM	D	0.06%

AUSF Underweight 114 Positions Relative to HELO

Symbol	Grade	Weight
NVDA	C	-7.8%
MSFT	F	-7.13%
AMZN	C	-4.5%
META	D	-2.9%
GOOGL	C	-2.09%
TSLA	B	-1.58%
GOOG	C	-1.46%
BAC	A	-1.26%
CRM	B	-1.15%
LLY	F	-1.07%
AVGO	D	-1.02%
WFC	A	-1.0%
LOW	D	-0.99%
TT	A	-0.96%
NOW	A	-0.94%
TMO	F	-0.89%
TXN	C	-0.87%
NEE	D	-0.83%
COP	C	-0.81%
SYK	C	-0.76%
BKNG	A	-0.75%
GS	A	-0.75%
NXPI	D	-0.72%
ADI	D	-0.72%
BMY	B	-0.68%
DE	A	-0.68%
AZO	C	-0.65%
HWM	A	-0.62%
UBER	D	-0.58%
MU	D	-0.57%
TFC	A	-0.56%
UPS	C	-0.54%
FIS	C	-0.52%
INTU	C	-0.51%
CMG	B	-0.51%
PLD	D	-0.5%
OTIS	C	-0.5%
PCG	A	-0.5%
CTSH	B	-0.49%
FITB	A	-0.48%
CPAY	A	-0.47%
EOG	A	-0.47%
CARR	D	-0.46%
AMD	F	-0.45%
DHR	F	-0.44%
AON	A	-0.44%
ROST	C	-0.44%
SCHW	B	-0.42%
STX	D	-0.41%
CSX	B	-0.41%
DLR	B	-0.39%
VTR	C	-0.39%
ETN	A	-0.38%
LRCX	F	-0.37%
ORCL	B	-0.36%
HLT	A	-0.36%
RCL	A	-0.34%
FDX	B	-0.33%
USB	A	-0.33%
PM	B	-0.32%
MNST	C	-0.32%
SBAC	D	-0.31%
FANG	D	-0.31%
DIS	B	-0.31%
MET	A	-0.3%
EXPE	B	-0.29%
TXT	D	-0.29%
KVUE	A	-0.26%
CHTR	C	-0.25%
BKR	B	-0.24%
BURL	A	-0.24%
IR	B	-0.23%
DAL	C	-0.23%
MAS	D	-0.23%
PPG	F	-0.21%
ACN	C	-0.21%
AXP	A	-0.21%
AMP	A	-0.2%
KKR	A	-0.2%
ABT	B	-0.19%
ELS	C	-0.19%
ADBE	C	-0.18%
WDC	D	-0.18%
CDNS	B	-0.17%
UNP	C	-0.17%
MLM	B	-0.16%
HUM	C	-0.16%
ANET	C	-0.15%
LEN	D	-0.14%
TGT	F	-0.14%
SQ	B	-0.14%
URI	B	-0.13%
LULU	C	-0.13%
PFG	D	-0.13%
BIIB	F	-0.12%
FICO	B	-0.12%
NUE	C	-0.11%
HCA	F	-0.11%
DASH	A	-0.11%
VST	B	-0.1%
CMS	C	-0.1%
APTV	D	-0.1%
WMG	C	-0.1%
NBIX	C	-0.08%
EQIX	A	-0.07%
SIRI	C	-0.07%
EQT	B	-0.06%
BAX	D	-0.06%
MRVL	B	-0.06%
EL	F	-0.05%
NRG	B	-0.04%
BMRN	D	-0.03%
SRPT	D	-0.03%
LKQ	D	-0.02%