BBIN vs. DMCY ETF Comparison

Comparison of JPMorgan BetaBuilders International Equity ETF (BBIN) to Democracy International Fund (DMCY)

BBIN

JPMorgan BetaBuilders International Equity ETF

BBIN Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® Developed Markets ex-North America Target Market Exposure IndexSM. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is a free float adjusted market capitalization weighted index which consists of equity securities from developed countries or regions.

Grade (RS Rating)

Last Trade

$58.30

Average Daily Volume

192,652

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DMCY

Democracy International Fund

DMCY Description

The Democracy International Fund is a Global Markets ex-United States Large & Mid Cap international equity portfolio that is both democracy and market capitalization weighted. The Democracy International Fund seeks to track the total return performance, before fees and expenses, of the Democracy Investments International Index. The intent of the Fund is to enable investors to allocate more into democracies thereby shifting capital flows toward democratic countries and away from authoritarian countries. This could lower the cost of capital and improve economic growth for democracies and the opposite for authoritarians, resulting in market-based incentives for democratic reforms.

Grade (RS Rating)

Last Trade

$25.56

Average Daily Volume

1,217

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBIN	DMCY
30 Days	-2.47%	-2.25%
60 Days	-6.50%	-4.85%
90 Days	-6.79%	-5.00%
12 Months	7.09%	10.30%

10 Overlapping Holdings

Symbol	Grade	Weight in BBIN	Weight in DMCY	Overlap
ABBV	D	0.55%	0.56%	0.55%
BCS	C	0.3%	0.27%	0.27%
DEO	F	0.4%	0.33%	0.33%
E	F	0.2%	0.21%	0.2%
FLUT	A	0.24%	0.28%	0.24%
HSBH	B	1.0%	0.79%	0.79%
LYG	F	0.26%	0.27%	0.26%
NVS	D	1.23%	0.98%	0.98%
STLA	F	0.17%	0.21%	0.17%
UL	D	0.86%	0.65%	0.65%

BBIN Overweight 11 Positions Relative to DMCY

Symbol	Grade	Weight
TM	D	1.21%
MUFG	B	0.81%
SONY	B	0.68%
SMFG	B	0.55%
MFG	B	0.34%
HMC	F	0.26%
NMR	B	0.1%
CCEP	C	0.09%
QGEN	D	0.06%
AGCO	D	0.04%
MBAVU	D	0.02%

BBIN Underweight 12 Positions Relative to DMCY

Symbol	Grade	Weight
EWT	C	-3.86%
EWJ	D	-3.26%
EIS	A	-0.81%
SHOP	B	-0.63%
TD	F	-0.52%
NXPI	D	-0.39%
CNI	D	-0.38%
WCN	A	-0.29%
EWW	F	-0.28%
VALE	F	-0.11%
ICLR	D	-0.1%
BNTX	D	-0.04%