BTR vs. JPST ETF Comparison

Comparison of Beacon Tactical Risk ETF (BTR) to JPMorgan Ultra-Short Income ETF (JPST)

BTR

Beacon Tactical Risk ETF

BTR Description

The investment seeks to provide long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that may engage in active trading. The fund advisor will use a “fund of funds” approach, and seeks to achieve the fund's investment objective by investing in the shares of market sector exchange-traded funds.

Grade (RS Rating)

Last Trade

$25.25

Average Daily Volume

670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST 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

$50.54

Average Daily Volume

3,903,955

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	BTR	JPST
30 Days	3.66%	0.60%
60 Days	1.82%	1.29%
90 Days	3.20%	1.37%
12 Months	3.91%	4.14%

0 Overlapping Holdings

	Symbol	Grade	Weight in BTR	Weight in JPST	Overlap

BTR Overweight 10 Positions Relative to JPST

Symbol	Grade	Weight
VPU	A	9.72%
VIS	C	9.22%
VFH	B	9.18%
VGT	D	9.14%
VDE	D	9.09%
VAW	C	9.06%
VCR	C	8.83%
VOX	C	8.81%
VDC	A	8.77%
VHT	B	8.74%

BTR Underweight 111 Positions Relative to JPST

Symbol	Grade	Weight
CASH	A	-2.2%
TMO	A	-0.74%
AZN	B	-0.57%
EQH	C	-0.35%
KDP	A	-0.31%
CCEP	A	-0.3%
ATO	A	-0.3%
MCD	A	-0.29%
LDOS	B	-0.26%
BXMT	C	-0.25%
SNX	D	-0.23%
TDY	B	-0.22%
HART	B	-0.19%
BA	F	-0.18%
D	A	-0.17%
OGS	B	-0.17%
VZ	B	-0.16%
ETR	A	-0.16%
T	A	-0.14%
CNP	D	-0.14%
GILD	A	-0.13%
DB	B	-0.13%
CAG	A	-0.13%
AAPL	C	-0.12%
SO	A	-0.11%
WFC	D	-0.11%
VTRS	C	-0.1%
GM	B	-0.1%
FITB	B	-0.1%
HUM	D	-0.09%
WEC	A	-0.09%
MLM	D	-0.09%
JBHT	C	-0.09%
IFF	A	-0.08%
STT	B	-0.08%
DT	A	-0.08%
CI	B	-0.08%
NEM	B	-0.08%
DUK	A	-0.08%
KR	C	-0.07%
CFG	B	-0.07%
BX	B	-0.07%
HSBC	B	-0.07%
SBUX	B	-0.06%
BG	D	-0.06%
ACR	B	-0.06%
SEB	C	-0.06%
XOM	C	-0.06%
AEP	A	-0.05%
MS	C	-0.05%
AL	D	-0.05%
BHF	D	-0.04%
ORCL	A	-0.04%
KKR	B	-0.04%
MDLZ	A	-0.04%
ABBV	B	-0.04%
COF	C	-0.04%
PL	D	-0.04%
ARES	C	-0.03%
CHD	A	-0.03%
R	C	-0.03%
ROP	C	-0.03%
NEE	A	-0.03%
BCC	C	-0.03%
BMO	D	-0.03%
HON	D	-0.02%
WLK	D	-0.02%
MSC	F	-0.02%
ETN	D	-0.02%
AZO	B	-0.02%
GSK	A	-0.02%
DIS	F	-0.02%
AER	C	-0.02%
BNS	A	-0.02%
EPD	C	-0.01%
ABT	A	-0.01%
PFE	D	-0.01%
IBM	A	-0.01%
ICE	A	-0.01%
MCO	B	-0.01%
DHR	B	-0.01%
CSL	C	-0.01%
BMY	B	-0.01%
PSX	D	-0.01%
SCHW	D	-0.01%
PNC	B	-0.01%
BK	B	-0.01%
UNH	A	-0.01%
MMM	B	-0.01%
AXP	B	-0.01%
CAT	C	-0.01%
PM	A	-0.01%
HBAN	B	-0.01%
ES	A	-0.01%
JXN	C	-0.01%
MET	B	-0.01%
UBS	D	-0.01%
BAC	D	-0.01%
RY	A	-0.01%
TFC	B	-0.01%
DE	B	-0.01%
KEY	B	-0.01%
MUFG	D	-0.01%
GS	C	-0.01%
NWG	C	-0.01%
TD	A	-0.01%
PFG	D	-0.01%
CM	A	-0.01%
USB	B	-0.01%
C	D	-0.01%
AIG	D	-0.01%

BTR: Top Represented Industries & Keywords

Industries:

Keywords: Global Industry Classification Standard Industry Classification MSCI EAFE ETF Exchange Traded Fund Msci Us Reit Index Stock Market Index Investment Management Energy Sector Information Technology Sector Passive Management Telecommunication Services Utilities Sector