BBRE vs. FCUS ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to Pinnacle Focused Opportunities ETF (FCUS)

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$99.89

Average Daily Volume

36,485

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

FCUS

Pinnacle Focused Opportunities ETF

FCUS Description

The investment seeks long term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective primarily by investing in a focused portfolio of U.S. equity securities. The fund's manager manages its portfolio based on its proprietary model. The fund’s portfolio excludes certain equity securities, such as limited partnerships, closed-end investment companies, and warrants. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.31

Average Daily Volume

4,499

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	FCUS
30 Days	0.29%	12.79%
60 Days	-0.53%	17.85%
90 Days	2.37%	18.42%
12 Months	28.63%	54.35%

1 Overlapping Holdings

	Symbol	Grade	Weight in BBRE	Weight in FCUS	Overlap
	IRM	C	2.92%	2.82%	2.82%

BBRE Overweight 113 Positions Relative to FCUS

Symbol	Grade	Weight
PLD	F	8.82%
EQIX	A	7.26%
WELL	A	6.14%
SPG	A	4.71%
DLR	B	4.55%
PSA	C	4.26%
O	C	3.78%
EXR	C	2.99%
AVB	B	2.82%
VICI	C	2.63%
VTR	B	2.26%
EQR	C	2.25%
INVH	D	1.79%
ESS	B	1.71%
MAA	B	1.62%
ARE	F	1.48%
KIM	A	1.46%
SUI	C	1.35%
DOC	C	1.33%
UDR	B	1.27%
HST	C	1.13%
ELS	C	1.12%
GLPI	C	1.11%
REG	A	1.08%
CPT	B	1.07%
BXP	C	1.04%
AMH	C	1.04%
WPC	C	1.01%
CUBE	C	0.94%
OHI	C	0.85%
BRX	A	0.76%
FRT	B	0.73%
REXR	F	0.67%
EGP	D	0.67%
NNN	C	0.67%
FR	D	0.62%
VNO	C	0.62%
ADC	A	0.6%
STAG	D	0.58%
COLD	D	0.54%
RHP	B	0.53%
KRG	B	0.53%
SLG	B	0.45%
EPRT	B	0.42%
CUZ	B	0.42%
PECO	A	0.41%
IRT	A	0.41%
TRNO	F	0.41%
SBRA	C	0.4%
MAC	B	0.37%
KRC	B	0.37%
SKT	A	0.34%
NSA	C	0.33%
CDP	C	0.32%
APLE	B	0.31%
NHI	D	0.31%
PK	C	0.3%
EPR	C	0.3%
HIW	C	0.3%
DEI	B	0.29%
BNL	D	0.27%
CTRE	C	0.27%
IIPR	D	0.26%
UE	B	0.25%
MPW	F	0.23%
LXP	D	0.23%
IVT	A	0.21%
FCPT	C	0.21%
AKR	B	0.21%
EQC	B	0.2%
SHO	D	0.2%
ROIC	A	0.19%
DRH	B	0.17%
XHR	B	0.16%
PEB	D	0.15%
ELME	D	0.14%
JBGS	F	0.14%
LTC	B	0.14%
RLJ	C	0.14%
VRE	B	0.13%
ALEX	B	0.13%
AAT	B	0.13%
GNL	F	0.13%
ESRT	C	0.13%
GTY	A	0.12%
AIV	C	0.12%
PDM	D	0.11%
UMH	B	0.1%
NXRT	B	0.1%
CSR	B	0.1%
DEA	D	0.1%
PLYM	F	0.08%
NTST	C	0.08%
AHH	D	0.08%
BDN	C	0.08%
PGRE	F	0.08%
INN	D	0.07%
GOOD	B	0.07%
WSR	A	0.07%
BFS	C	0.06%
FPI	B	0.06%
OLP	B	0.05%
ALX	D	0.05%
GMRE	F	0.05%
HPP	F	0.05%
UHT	D	0.05%
CBL	B	0.04%
LAND	F	0.04%
CLDT	B	0.04%
CHCT	C	0.04%
SVC	F	0.04%
DHC	F	0.03%
PKST	F	0.03%

BBRE Underweight 27 Positions Relative to FCUS

Symbol	Grade	Weight
APP	B	-6.61%
PLTR	B	-5.21%
TPL	A	-4.38%
SFM	A	-4.17%
INSM	C	-4.02%
CVNA	B	-3.98%
GWRE	A	-3.92%
ALNY	D	-3.78%
FICO	B	-3.35%
TRGP	A	-3.33%
CRS	B	-3.25%
MTZ	B	-3.19%
ALSN	B	-3.16%
NCLH	B	-3.14%
UAL	A	-3.11%
PSN	D	-2.96%
ETR	B	-2.94%
HOOD	B	-2.8%
MLI	B	-2.55%
HWM	A	-2.5%
JEF	A	-2.45%
CCL	A	-2.41%
UTHR	C	-2.41%
LDOS	C	-2.38%
GRMN	B	-2.36%
CBRE	B	-2.29%
PCVX	D	-2.19%