HELO vs. BALI ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to BlackRock Advantage Large Cap Income ETF (BALI)

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

$62.59

Average Daily Volume

279,342

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

BALI

BlackRock Advantage Large Cap Income ETF

BALI Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.11

Average Daily Volume

93,941

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	HELO	BALI
30 Days	0.90%	1.78%
60 Days	3.36%	3.99%
90 Days	4.41%	5.51%
12 Months	20.70%	27.58%

60 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in BALI	Overlap
AAPL	C	6.83%	7.52%	6.83%
ACN	B	0.21%	0.06%	0.06%
ADBE	C	0.18%	0.52%	0.18%
AMZN	C	4.5%	4.94%	4.5%
AVGO	D	1.02%	0.64%	0.64%
BBY	D	0.2%	0.0%	0.0%
BIIB	F	0.12%	0.03%	0.03%
BKNG	A	0.75%	0.13%	0.13%
BRK.A	B	1.53%	0.84%	0.84%
BSX	A	0.52%	0.14%	0.14%
C	A	0.3%	1.05%	0.3%
CI	D	0.34%	0.12%	0.12%
CMCSA	B	0.71%	0.9%	0.71%
CME	B	0.59%	1.12%	0.59%
CMS	C	0.1%	0.3%	0.1%
COP	C	0.81%	0.5%	0.5%
COST	A	0.53%	0.0%	0.0%
CSX	C	0.41%	0.07%	0.07%
CVX	A	0.18%	1.53%	0.18%
EQIX	A	0.07%	0.0%	0.0%
ETN	A	0.38%	0.36%	0.36%
GOOG	C	1.46%	1.67%	1.46%
GOOGL	C	2.09%	3.06%	2.09%
HCA	F	0.11%	0.57%	0.11%
JNJ	C	0.51%	0.03%	0.03%
LDOS	C	0.39%	0.4%	0.39%
LLY	F	1.07%	0.94%	0.94%
LRCX	F	0.37%	0.59%	0.37%
MA	B	1.72%	1.81%	1.72%
MCD	D	0.81%	0.0%	0.0%
MCK	A	0.16%	0.21%	0.16%
MDT	D	0.46%	0.93%	0.46%
META	D	2.9%	1.57%	1.57%
MMC	B	0.14%	1.22%	0.14%
MO	A	0.15%	0.8%	0.15%
MRK	D	0.24%	1.35%	0.24%
MSFT	D	7.13%	7.07%	7.07%
MSI	B	0.17%	0.56%	0.17%
MU	D	0.57%	0.37%	0.37%
NBIX	C	0.08%	0.44%	0.08%
NOC	D	0.17%	0.82%	0.17%
NOW	A	0.94%	0.37%	0.37%
NUE	C	0.11%	0.02%	0.02%
NVDA	B	7.8%	7.31%	7.31%
PCAR	B	0.18%	0.2%	0.18%
PG	C	0.14%	0.15%	0.14%
PGR	A	0.75%	1.2%	0.75%
PM	B	0.32%	1.26%	0.32%
ROST	D	0.44%	0.05%	0.05%
SYK	B	0.76%	0.45%	0.45%
T	A	0.18%	1.07%	0.18%
TFC	A	0.56%	0.65%	0.56%
TMO	F	0.89%	0.1%	0.1%
TRV	B	0.34%	0.34%	0.34%
TSLA	B	1.58%	1.06%	1.06%
TT	A	0.96%	0.4%	0.4%
UNH	B	1.62%	0.98%	0.98%
UPS	C	0.54%	1.13%	0.54%
V	A	1.49%	1.33%	1.33%
XOM	B	1.43%	0.4%	0.4%

HELO Overweight 101 Positions Relative to BALI

Symbol	Grade	Weight
BAC	A	1.26%
CRM	B	1.15%
ABBV	F	1.14%
WFC	A	1.0%
LOW	C	0.99%
HON	C	0.98%
TXN	C	0.87%
SO	C	0.84%
NEE	C	0.83%
PEP	F	0.83%
LIN	C	0.82%
GS	A	0.75%
NXPI	D	0.72%
ADI	D	0.72%
MDLZ	F	0.72%
BMY	B	0.68%
DE	B	0.68%
AZO	C	0.65%
KO	D	0.63%
HWM	A	0.62%
VRTX	D	0.6%
UBER	F	0.58%
TDG	D	0.52%
FIS	C	0.52%
INTU	B	0.51%
CMG	B	0.51%
PLD	F	0.5%
OTIS	C	0.5%
PCG	A	0.5%
YUM	D	0.5%
CTSH	B	0.49%
FITB	B	0.48%
CPAY	A	0.47%
EOG	A	0.47%
CARR	C	0.46%
REGN	F	0.45%
AMD	F	0.45%
DHR	F	0.44%
AON	A	0.44%
SCHW	B	0.42%
STX	C	0.41%
DLR	B	0.39%
VTR	B	0.39%
ORCL	A	0.36%
HLT	A	0.36%
DOW	F	0.35%
RCL	A	0.34%
FDX	B	0.33%
USB	A	0.33%
MNST	C	0.32%
SBAC	D	0.31%
FANG	C	0.31%
DIS	B	0.31%
MET	A	0.3%
CHD	A	0.3%
EXPE	B	0.29%
TXT	D	0.29%
WELL	A	0.27%
KVUE	A	0.26%
CHTR	C	0.25%
BKR	A	0.24%
BURL	B	0.24%
LYB	F	0.23%
IR	B	0.23%
DAL	B	0.23%
MAS	D	0.23%
PPG	F	0.21%
AXP	A	0.21%
AMP	A	0.2%
KKR	A	0.2%
ABT	B	0.19%
ELS	C	0.19%
HPE	B	0.18%
WDC	D	0.18%
CDNS	B	0.17%
UNP	C	0.17%
TMUS	B	0.17%
MLM	C	0.16%
HUM	C	0.16%
ANET	C	0.15%
LEN	D	0.14%
TGT	F	0.14%
SQ	A	0.14%
URI	C	0.13%
LULU	C	0.13%
PFG	D	0.13%
FICO	B	0.12%
DASH	B	0.11%
VST	A	0.1%
APTV	F	0.1%
WMG	D	0.1%
SIRI	C	0.07%
EQT	B	0.06%
BAX	F	0.06%
MRVL	B	0.06%
AME	A	0.06%
EL	F	0.05%
NRG	B	0.04%
BMRN	F	0.03%
SRPT	F	0.03%
LKQ	F	0.02%

HELO Underweight 89 Positions Relative to BALI

Symbol	Grade	Weight
GILD	C	-1.32%
WMT	A	-1.22%
WM	B	-1.22%
PFE	F	-1.19%
SHW	B	-1.18%
JPM	A	-1.16%
CTAS	B	-1.15%
CAH	B	-1.12%
OMF	A	-1.1%
LMT	D	-1.09%
RSG	A	-1.06%
QCOM	F	-1.02%
KMB	C	-1.01%
FTNT	C	-1.0%
PNW	A	-1.0%
VZ	C	-0.93%
CL	D	-0.87%
KR	B	-0.83%
F	C	-0.82%
AMGN	F	-0.62%
TXRH	B	-0.54%
CCEP	C	-0.47%
HESM	B	-0.46%
UTHR	C	-0.46%
EXPD	C	-0.44%
FE	C	-0.42%
MANH	D	-0.41%
ALL	A	-0.4%
HAL	C	-0.39%
CSCO	B	-0.36%
ES	C	-0.35%
TJX	A	-0.34%
NTRA	A	-0.33%
EXC	C	-0.31%
MTN	C	-0.31%
EME	A	-0.3%
OSK	C	-0.28%
SPGI	C	-0.26%
NTAP	C	-0.26%
HUBS	A	-0.25%
WRB	A	-0.25%
NNN	C	-0.25%
PH	A	-0.24%
CRWD	B	-0.23%
SPG	A	-0.23%
WING	D	-0.22%
HAS	D	-0.21%
ELV	F	-0.2%
EXEL	B	-0.18%
CPT	B	-0.18%
NFLX	A	-0.15%
AVB	B	-0.15%
OHI	C	-0.15%
TSCO	D	-0.14%
GD	D	-0.14%
INCY	C	-0.14%
SMAR	B	-0.12%
KMI	A	-0.11%
DDS	B	-0.11%
IDA	A	-0.1%
DUK	C	-0.1%
HES	B	-0.07%
DHI	F	-0.07%
KRG	B	-0.07%
ED	C	-0.06%
WCN	A	-0.06%
NYT	D	-0.05%
WHR	B	-0.05%
SNAP	D	-0.04%
K	A	-0.04%
DOC	C	-0.04%
GWW	B	-0.03%
INGR	C	-0.03%
CBOE	C	-0.03%
IVZ	B	-0.02%
PAG	B	-0.02%
MELI	C	-0.02%
SON	F	-0.02%
FLEX	B	-0.02%
JNPR	D	-0.02%
HD	B	-0.01%
DVN	F	-0.01%
CLX	A	-0.01%
LEVI	F	-0.01%
XP	F	-0.01%
CAG	F	-0.01%
FOXA	A	-0.0%
TSN	B	-0.0%
RGA	A	-0.0%