BTAL vs. JPME ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.20

Average Daily Volume

467,825

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$108.81

Average Daily Volume

10,059

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	JPME
30 Days	-2.59%	3.84%
60 Days	-1.84%	4.75%
90 Days	-2.74%	6.36%
12 Months	-5.88%	28.81%

124 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in JPME	Overlap
ACGL	C	0.38%	0.1%	0.1%
AEE	A	0.49%	0.02%	0.02%
AKAM	D	0.36%	0.12%	0.12%
ALLY	C	-0.37%	0.11%	-0.37%
ALSN	B	0.56%	0.51%	0.51%
AR	B	-0.53%	0.3%	-0.53%
AVB	B	0.45%	0.38%	0.38%
AVT	C	0.42%	0.14%	0.14%
AXS	A	0.48%	0.15%	0.15%
BG	D	0.4%	0.33%	0.33%
BKR	A	0.53%	0.18%	0.18%
BLDR	D	-0.44%	0.34%	-0.44%
BRO	B	0.47%	0.17%	0.17%
BWA	D	0.44%	0.13%	0.13%
CACI	D	0.42%	0.4%	0.4%
CBOE	C	0.43%	0.35%	0.35%
CBRE	B	-0.51%	0.44%	-0.51%
CC	C	-0.43%	0.0%	-0.43%
CE	F	-0.24%	0.19%	-0.24%
CF	A	0.46%	0.41%	0.41%
CFG	B	-0.49%	0.11%	-0.49%
CHD	A	0.47%	0.33%	0.33%
CHE	D	0.4%	0.33%	0.33%
CLH	C	0.43%	0.41%	0.41%
CMA	B	-0.54%	0.07%	-0.54%
CMS	C	0.44%	0.37%	0.37%
CNC	D	0.32%	0.25%	0.25%
CNM	D	-0.38%	0.35%	-0.38%
CNXC	F	-0.23%	0.06%	-0.23%
COR	B	0.45%	0.39%	0.39%
CPB	D	0.38%	0.32%	0.32%
CWEN	C	-0.42%	0.24%	-0.42%
CXT	C	0.42%	0.1%	0.1%
DECK	A	0.44%	0.38%	0.38%
DGX	A	0.45%	0.39%	0.39%
DINO	D	-0.39%	0.35%	-0.39%
DKS	D	-0.37%	0.36%	-0.37%
DLB	B	0.43%	0.22%	0.22%
DOX	D	0.43%	0.3%	0.3%
DRI	B	0.46%	0.26%	0.26%
DVN	F	0.37%	0.27%	0.27%
ED	C	0.42%	0.35%	0.35%
EG	C	0.42%	0.31%	0.31%
ELAN	D	-0.39%	0.16%	-0.39%
EQR	C	0.44%	0.29%	0.29%
EXP	B	-0.53%	0.21%	-0.53%
FANG	C	0.39%	0.38%	0.38%
FBIN	D	-0.41%	0.32%	-0.41%
FLO	D	0.42%	0.26%	0.26%
FMC	D	0.37%	0.21%	0.21%
FYBR	C	-0.53%	0.37%	-0.53%
GIS	D	0.38%	0.32%	0.32%
GLPI	C	0.42%	0.36%	0.36%
GLW	B	0.47%	0.18%	0.18%
HIG	B	0.45%	0.38%	0.38%
HPQ	B	0.45%	0.3%	0.3%
HRB	D	0.41%	0.33%	0.33%
ITT	A	-0.49%	0.17%	-0.49%
JAZZ	B	0.44%	0.26%	0.26%
JLL	D	-0.46%	0.38%	-0.46%
JNPR	D	0.39%	0.38%	0.38%
KMI	A	0.56%	0.48%	0.48%
KR	B	0.47%	0.42%	0.42%
KRC	B	-0.46%	0.29%	-0.46%
KSS	F	-0.39%	0.01%	-0.39%
L	A	0.45%	0.25%	0.25%
LAMR	C	-0.46%	0.39%	-0.46%
LITE	B	-0.62%	0.4%	-0.62%
LNG	A	0.51%	0.44%	0.44%
LNT	A	0.46%	0.38%	0.38%
LPX	B	-0.52%	0.27%	-0.52%
MGM	D	-0.43%	0.23%	-0.43%
MKC	C	0.41%	0.28%	0.28%
MOH	F	0.36%	0.29%	0.29%
MOS	F	0.38%	0.29%	0.29%
MPWR	F	-0.24%	0.27%	-0.24%
MSM	C	0.43%	0.33%	0.33%
NEU	D	0.44%	0.3%	0.3%
NRG	B	-0.49%	0.45%	-0.49%
NVT	B	-0.49%	0.18%	-0.49%
OC	A	-0.46%	0.41%	-0.46%
OHI	C	0.43%	0.38%	0.38%
ON	D	0.38%	0.24%	0.24%
ORI	A	0.46%	0.4%	0.4%
PAG	B	0.41%	0.35%	0.35%
PAYC	B	0.59%	0.03%	0.03%
PAYX	B	0.47%	0.27%	0.27%
PFGC	B	-0.49%	0.4%	-0.49%
PKG	A	0.49%	0.41%	0.41%
PNW	A	0.45%	0.39%	0.39%
PWR	A	-0.51%	0.46%	-0.51%
REG	A	0.45%	0.37%	0.37%
RF	A	-0.5%	0.17%	-0.5%
RGA	A	0.48%	0.41%	0.41%
RMD	C	-0.45%	0.36%	-0.45%
ROKU	D	-0.47%	0.37%	-0.47%
RRC	B	-0.51%	0.29%	-0.51%
RYN	D	-0.44%	0.14%	-0.44%
SAIC	F	0.4%	0.28%	0.28%
SLGN	A	0.46%	0.1%	0.1%
SMG	C	-0.46%	0.25%	-0.46%
SNA	A	0.55%	0.44%	0.44%
SNX	D	0.41%	0.28%	0.28%
TER	F	-0.33%	0.27%	-0.33%
TFX	F	-0.36%	0.08%	-0.36%
THO	B	-0.44%	0.13%	-0.44%
TOL	B	-0.47%	0.42%	-0.47%
TXRH	B	0.51%	0.43%	0.43%
TXT	D	0.4%	0.13%	0.13%
UGI	C	-0.44%	0.37%	-0.44%
UNM	A	0.57%	0.5%	0.5%
USFD	A	-0.49%	0.43%	-0.49%
UTHR	C	0.45%	0.42%	0.42%
VEEV	C	-0.46%	0.28%	-0.46%
VICI	C	0.42%	0.33%	0.33%
VST	A	-0.76%	0.71%	-0.76%
VTRS	A	0.48%	0.38%	0.38%
WEC	A	0.46%	0.39%	0.39%
WEN	D	0.46%	0.13%	0.13%
WPC	C	0.41%	0.22%	0.22%
WTM	A	0.39%	0.13%	0.13%
X	B	0.43%	0.33%	0.33%
XEL	A	0.5%	0.41%	0.41%
ZION	B	-0.53%	0.09%	-0.53%

BTAL Overweight 268 Positions Relative to JPME

Symbol	Grade	Weight
MSTR	B	1.19%
BILL	A	0.68%
IBKR	A	0.62%
SFM	A	0.6%
LPLA	A	0.59%
HQY	A	0.58%
CFLT	B	0.56%
NWL	C	0.54%
PCTY	C	0.53%
MKL	A	0.53%
WH	B	0.53%
BWXT	B	0.53%
TGNA	B	0.53%
TRV	B	0.52%
FFIV	B	0.52%
FTNT	C	0.52%
MSI	B	0.51%
RLI	A	0.51%
PCAR	B	0.51%
MCK	A	0.51%
THG	A	0.51%
BMY	B	0.51%
WELL	A	0.5%
CHH	A	0.5%
PNM	B	0.5%
ORLY	B	0.5%
T	A	0.5%
CSCO	B	0.49%
CINF	A	0.49%
G	B	0.49%
TMUS	B	0.49%
GILD	C	0.49%
ALL	A	0.48%
VFC	C	0.48%
SIGI	C	0.48%
FOXA	A	0.48%
LULU	C	0.48%
AIZ	A	0.48%
TDY	B	0.48%
SBRA	C	0.47%
DBX	B	0.47%
CME	B	0.47%
AON	A	0.47%
HON	C	0.47%
HEI	A	0.47%
CW	C	0.47%
RYAN	A	0.47%
EDR	A	0.46%
RNR	C	0.46%
ADP	A	0.46%
WRB	A	0.45%
CB	C	0.45%
CSX	C	0.45%
CMG	B	0.45%
ARMK	B	0.45%
PGR	A	0.45%
WM	B	0.45%
IBM	C	0.45%
ADC	A	0.45%
WTW	B	0.45%
ROP	B	0.45%
CHRW	B	0.45%
XOM	B	0.44%
ACN	B	0.44%
CDP	C	0.44%
VZ	C	0.44%
VRSN	C	0.43%
UNH	B	0.43%
ZI	D	0.43%
CTSH	B	0.43%
YUM	D	0.43%
MSFT	D	0.43%
MUSA	B	0.43%
DD	C	0.43%
RTX	D	0.43%
RSG	A	0.43%
ELS	C	0.43%
TJX	A	0.43%
CCK	D	0.43%
DUK	C	0.43%
COLM	C	0.43%
JNJ	C	0.42%
MMC	B	0.42%
MCD	D	0.42%
J	D	0.41%
OLLI	D	0.41%
GD	D	0.41%
CI	D	0.4%
MSA	F	0.4%
NOC	D	0.4%
ASGN	F	0.39%
AMCR	C	0.39%
O	C	0.39%
KHC	F	0.38%
ERIE	D	0.38%
OXY	D	0.38%
LMT	D	0.38%
FCN	F	0.38%
MAN	F	0.37%
KBR	F	0.37%
ARW	D	0.37%
KO	D	0.37%
GPC	D	0.37%
TNET	F	0.37%
PFE	F	0.37%
AMGN	F	0.37%
MUR	D	0.37%
ST	F	0.36%
ABBV	F	0.36%
NEM	D	0.35%
MTCH	D	0.35%
FOXF	F	0.35%
HUM	C	0.34%
AZO	C	0.33%
ELV	F	0.33%
MDU	D	0.32%
SRPT	F	0.32%
BMRN	F	0.29%
AGL	F	0.16%
SMCI	F	-0.18%
SEDG	F	-0.19%
RUN	F	-0.21%
MRNA	F	-0.22%
ENPH	F	-0.23%
WOLF	F	-0.25%
TXG	F	-0.26%
NTLA	F	-0.27%
RKT	F	-0.29%
CELH	F	-0.29%
RIVN	F	-0.3%
OPEN	F	-0.3%
EL	F	-0.31%
BRZE	C	-0.33%
COTY	F	-0.33%
AMKR	D	-0.34%
ELF	C	-0.35%
EFX	F	-0.35%
SHLS	F	-0.35%
ARWR	D	-0.35%
AES	F	-0.35%
LRCX	F	-0.36%
WMS	F	-0.37%
RGEN	D	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
PLD	F	-0.39%
IDXX	F	-0.39%
PINS	F	-0.4%
WBA	F	-0.4%
ARE	F	-0.4%
FND	D	-0.4%
MKSI	C	-0.4%
AMD	F	-0.4%
BLD	D	-0.4%
KMX	B	-0.4%
ROIV	C	-0.41%
AGNC	C	-0.41%
W	D	-0.41%
POWI	F	-0.41%
CRL	D	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
AWK	C	-0.42%
FCX	F	-0.42%
CZR	F	-0.42%
UBER	F	-0.42%
CSGP	D	-0.42%
MU	D	-0.43%
ILMN	C	-0.43%
CRSP	D	-0.43%
ALGN	D	-0.43%
PATH	C	-0.43%
SSD	F	-0.43%
SEE	C	-0.44%
F	C	-0.44%
TRU	D	-0.44%
EW	C	-0.44%
APG	B	-0.44%
BBWI	C	-0.44%
TGT	F	-0.44%
TREX	C	-0.45%
NWE	B	-0.45%
D	C	-0.45%
DAR	C	-0.45%
CARR	C	-0.45%
MTDR	B	-0.45%
AVGO	D	-0.45%
BXP	C	-0.46%
ZS	B	-0.46%
ANET	C	-0.46%
PENN	C	-0.46%
HHH	B	-0.47%
SHW	B	-0.47%
TROW	B	-0.48%
NVDA	B	-0.48%
LNC	C	-0.48%
AXTA	B	-0.49%
OZK	B	-0.49%
WAL	B	-0.49%
GH	B	-0.49%
SNAP	D	-0.49%
USB	A	-0.49%
TTD	B	-0.5%
NET	B	-0.5%
CAR	C	-0.51%
RMBS	B	-0.51%
GNRC	C	-0.51%
TT	A	-0.51%
RBLX	C	-0.51%
CEG	C	-0.52%
COHR	B	-0.52%
PEN	B	-0.52%
ETN	A	-0.52%
IOT	A	-0.52%
URI	C	-0.52%
VNO	C	-0.52%
PYPL	B	-0.52%
ALB	B	-0.52%
DELL	B	-0.53%
MDB	B	-0.53%
JHG	B	-0.53%
RH	C	-0.53%
DKNG	B	-0.53%
INTC	C	-0.54%
SNV	C	-0.54%
BLK	B	-0.54%
FOUR	A	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CG	B	-0.55%
KKR	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	A	-0.56%
SCHW	B	-0.56%
DAY	B	-0.56%
Z	A	-0.56%
GME	C	-0.56%
EXPE	B	-0.56%
MRVL	B	-0.56%
TDOC	C	-0.56%
NTRA	A	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
GTLS	A	-0.58%
OWL	A	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
PODD	C	-0.59%
DASH	B	-0.59%
SAIA	B	-0.59%
SQ	A	-0.6%
LYV	A	-0.62%
DUOL	A	-0.63%
CCL	A	-0.63%
LYFT	C	-0.65%
VRT	B	-0.67%
CVNA	B	-0.68%
DAL	B	-0.68%
PTON	A	-0.69%
TSLA	B	-0.7%
TOST	B	-0.71%
COIN	C	-0.71%
HOOD	B	-0.72%
AXON	A	-0.74%
SOFI	B	-0.79%
AFRM	A	-0.84%
PLTR	B	-0.87%

BTAL Underweight 214 Positions Relative to JPME

Symbol	Grade	Weight
APP	B	-1.27%
CIEN	C	-0.51%
SYF	B	-0.51%
DTM	A	-0.5%
TRGP	A	-0.49%
JEF	A	-0.49%
AMP	A	-0.48%
CMI	A	-0.47%
WMB	A	-0.47%
OMF	A	-0.45%
OKE	A	-0.45%
IP	A	-0.45%
ETR	B	-0.45%
TPL	A	-0.44%
GRMN	B	-0.44%
TPR	B	-0.43%
FCNCA	A	-0.43%
GWW	B	-0.43%
EXEL	B	-0.43%
HUBB	B	-0.43%
INGR	C	-0.42%
EHC	B	-0.42%
ATO	A	-0.42%
STLD	B	-0.42%
PPC	C	-0.42%
CSL	C	-0.42%
TAP	C	-0.42%
MRO	B	-0.41%
RPM	A	-0.41%
HBAN	A	-0.41%
CASY	A	-0.41%
NI	A	-0.41%
SPG	A	-0.41%
PEG	A	-0.41%
LDOS	C	-0.41%
FAST	B	-0.41%
EVRG	A	-0.4%
OGE	A	-0.4%
CAH	B	-0.4%
BRX	A	-0.4%
AM	A	-0.4%
THC	D	-0.4%
PR	B	-0.4%
PCG	A	-0.39%
AME	A	-0.39%
TYL	B	-0.39%
IRM	C	-0.39%
EMN	C	-0.39%
PPL	A	-0.39%
ESI	B	-0.39%
CHTR	C	-0.39%
IT	C	-0.38%
AFL	B	-0.38%
K	A	-0.38%
DVA	C	-0.38%
EME	A	-0.38%
DTE	C	-0.37%
NVR	D	-0.37%
SPB	C	-0.37%
MTG	C	-0.37%
AJG	A	-0.37%
MANH	D	-0.37%
RS	B	-0.37%
PHM	D	-0.37%
VVV	D	-0.36%
LEN	D	-0.36%
NXST	C	-0.36%
EIX	B	-0.36%
NFG	A	-0.36%
TSN	B	-0.36%
BRBR	A	-0.36%
KIM	A	-0.36%
TKR	D	-0.35%
CLX	A	-0.35%
FE	C	-0.35%
CUBE	C	-0.35%
GGG	B	-0.35%
POST	C	-0.35%
SSNC	B	-0.35%
TSCO	D	-0.34%
ANSS	B	-0.34%
COKE	C	-0.34%
NTAP	C	-0.34%
HPE	B	-0.34%
KVUE	A	-0.33%
CTRA	B	-0.33%
EPR	C	-0.33%
DHI	F	-0.33%
UHS	D	-0.33%
GEN	B	-0.33%
PK	C	-0.33%
STE	D	-0.32%
LH	B	-0.32%
AN	C	-0.32%
JBL	C	-0.32%
HST	C	-0.32%
HOLX	D	-0.32%
ESS	B	-0.31%
ROST	D	-0.31%
WSM	C	-0.31%
WY	F	-0.31%
RBC	A	-0.31%
MTB	A	-0.31%
WLK	D	-0.31%
NUE	C	-0.31%
CAG	F	-0.31%
MAS	D	-0.31%
LYB	F	-0.31%
HIW	C	-0.3%
AVY	F	-0.3%
LECO	C	-0.3%
GNTX	C	-0.3%
BPOP	C	-0.3%
ACI	C	-0.3%
LSTR	D	-0.3%
CTVA	C	-0.3%
A	D	-0.29%
IFF	D	-0.29%
RGLD	C	-0.29%
SJM	D	-0.29%
HSIC	C	-0.29%
BBY	D	-0.29%
ADM	D	-0.29%
SAM	C	-0.28%
EXC	C	-0.28%
MEDP	D	-0.28%
IQV	F	-0.28%
CLF	F	-0.28%
OMC	C	-0.28%
OLN	F	-0.28%
WST	C	-0.28%
AOS	F	-0.28%
STAG	D	-0.28%
OVV	B	-0.27%
BYD	B	-0.27%
INCY	C	-0.27%
CRUS	D	-0.27%
R	B	-0.27%
FRPT	A	-0.27%
SYY	D	-0.27%
ASH	F	-0.26%
HRL	D	-0.26%
CDW	F	-0.26%
AMH	C	-0.26%
MAA	B	-0.25%
NBIX	C	-0.25%
UI	B	-0.25%
QGEN	D	-0.25%
RVTY	F	-0.25%
HAL	C	-0.25%
IRDM	D	-0.24%
SWKS	F	-0.24%
AGO	B	-0.24%
IDA	A	-0.24%
STWD	C	-0.23%
EGP	D	-0.23%
FR	D	-0.23%
CROX	D	-0.22%
NNN	C	-0.22%
PRI	B	-0.22%
EXPD	C	-0.22%
HUN	F	-0.22%
MCHP	F	-0.21%
HSY	F	-0.21%
RPRX	D	-0.21%
CPT	B	-0.2%
BRKR	D	-0.2%
AFG	A	-0.19%
FITB	B	-0.19%
FNF	B	-0.18%
REYN	D	-0.18%
REXR	F	-0.18%
FRT	B	-0.18%
KEYS	A	-0.17%
ACHC	F	-0.17%
SLM	A	-0.17%
SCI	B	-0.15%
CUZ	B	-0.15%
APA	D	-0.14%
SON	F	-0.14%
PINC	B	-0.14%
DFS	B	-0.14%
M	F	-0.14%
BAH	F	-0.14%
POOL	C	-0.13%
QRVO	F	-0.12%
KEY	B	-0.1%
NSA	C	-0.09%
XRAY	F	-0.09%
LBRDK	C	-0.09%
AYI	B	-0.09%
PB	B	-0.07%
GEHC	D	-0.07%
TNL	A	-0.07%
RHI	C	-0.07%
FNB	A	-0.07%
TECH	F	-0.06%
NDSN	B	-0.06%
GO	C	-0.06%
IEX	C	-0.05%
NVST	B	-0.05%
PFG	D	-0.05%
HXL	F	-0.05%
CR	A	-0.05%
WU	F	-0.04%
CRI	F	-0.04%
BIIB	F	-0.04%
VIRT	A	-0.04%
IPG	D	-0.03%
ADTN	A	-0.03%
FTRE	D	-0.03%
HOG	D	-0.02%
ATR	B	-0.01%
CNA	C	-0.0%