HELO vs. PY ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Principal Shareholder Yield Index ETF (PY)

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

$62.19

Average Daily Volume

263,869

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$50.88

Average Daily Volume

4,916

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	HELO	PY
30 Days	0.61%	0.39%
60 Days	3.58%	4.82%
90 Days	4.71%	7.60%
12 Months	20.67%	29.24%

33 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in PY	Overlap
AAPL	C	6.81%	3.8%	3.8%
ACN	C	0.25%	1.16%	0.25%
AMP	A	0.2%	0.98%	0.2%
AVGO	C	1.1%	2.53%	1.1%
AXP	A	0.19%	1.13%	0.19%
BKR	A	0.24%	0.94%	0.24%
BMY	B	0.64%	0.97%	0.64%
CMCSA	B	0.72%	1.1%	0.72%
CSX	B	0.41%	0.87%	0.41%
CTSH	B	0.5%	0.79%	0.5%
CVX	A	0.17%	1.31%	0.17%
DE	D	0.71%	0.9%	0.71%
EQT	A	0.05%	0.91%	0.05%
FANG	D	0.31%	0.75%	0.31%
FDX	A	0.32%	0.81%	0.32%
FITB	A	0.46%	0.83%	0.46%
HPE	B	0.2%	0.9%	0.2%
LOW	A	0.97%	1.07%	0.97%
LYB	F	0.24%	0.66%	0.24%
MDLZ	F	0.72%	0.77%	0.72%
MET	A	0.29%	0.83%	0.29%
MMC	C	0.14%	0.89%	0.14%
MO	A	0.15%	0.87%	0.15%
MSFT	D	7.11%	3.46%	3.46%
NVDA	B	7.95%	3.4%	3.4%
OTIS	D	0.5%	0.82%	0.5%
PLD	D	0.5%	0.83%	0.5%
PPG	F	0.2%	0.74%	0.2%
SBAC	D	0.31%	0.68%	0.31%
TRV	A	0.33%	0.86%	0.33%
TT	A	0.93%	1.0%	0.93%
WFC	A	0.99%	1.37%	0.99%
XOM	B	1.44%	1.83%	1.44%

HELO Overweight 131 Positions Relative to PY

Symbol	Grade	Weight
AMZN	B	4.47%
META	C	2.93%
GOOGL	B	2.15%
MA	A	1.72%
UNH	B	1.65%
GOOG	B	1.61%
BRK.A	A	1.51%
TSLA	B	1.5%
V	A	1.48%
ABBV	F	1.35%
BAC	A	1.23%
LLY	F	1.09%
CRM	A	1.08%
HON	A	0.98%
NOW	B	0.96%
TMO	D	0.93%
TXN	C	0.92%
SO	C	0.84%
LIN	D	0.84%
COP	C	0.8%
PEP	F	0.78%
ADI	D	0.77%
NXPI	F	0.75%
SYK	A	0.74%
GS	A	0.74%
BKNG	A	0.74%
PGR	B	0.74%
MCD	D	0.73%
NEE	C	0.73%
KO	D	0.69%
AZO	C	0.66%
MU	D	0.65%
VRTX	C	0.62%
HWM	A	0.61%
UBER	C	0.59%
COST	B	0.58%
CME	A	0.58%
TFC	A	0.55%
UPS	C	0.54%
JNJ	D	0.53%
INTU	A	0.52%
BSX	B	0.51%
FIS	B	0.51%
TDG	D	0.5%
YUM	D	0.5%
AMD	F	0.49%
CMG	B	0.49%
REGN	F	0.48%
MDT	D	0.47%
CARR	D	0.46%
STX	D	0.45%
DHR	D	0.45%
CPAY	A	0.44%
ROST	D	0.44%
LDOS	C	0.44%
EOG	A	0.44%
AON	A	0.44%
VTR	C	0.4%
SCHW	A	0.39%
DLR	A	0.39%
LRCX	F	0.39%
ETN	A	0.38%
DOW	F	0.38%
HLT	A	0.36%
ELV	F	0.34%
PCG	A	0.34%
RCL	A	0.34%
USB	B	0.33%
MNST	D	0.32%
PM	A	0.31%
MRK	F	0.3%
TXT	D	0.3%
C	A	0.3%
EXPE	A	0.28%
WELL	A	0.27%
ORCL	A	0.26%
CHTR	B	0.25%
CHD	A	0.25%
BURL	C	0.24%
KVUE	A	0.23%
MAS	D	0.23%
DIS	A	0.22%
DAL	A	0.22%
BBY	C	0.2%
PG	C	0.2%
KKR	A	0.2%
WDC	F	0.2%
CMS	C	0.19%
ABT	B	0.19%
UNP	D	0.18%
IR	A	0.18%
PCAR	B	0.18%
T	A	0.18%
ELS	B	0.18%
CDNS	B	0.17%
HUM	F	0.17%
MLM	B	0.17%
TMUS	A	0.17%
ADBE	F	0.17%
NOC	D	0.17%
MCK	A	0.16%
MSI	A	0.16%
LEN	D	0.14%
TGT	D	0.14%
URI	B	0.13%
PFG	C	0.13%
NUE	D	0.12%
ANET	C	0.12%
LULU	C	0.12%
BIIB	F	0.12%
DASH	B	0.11%
FICO	A	0.11%
WMG	B	0.11%
HCA	D	0.11%
APTV	F	0.1%
SQ	A	0.1%
VST	A	0.09%
NBIX	D	0.08%
SIRI	C	0.07%
EQIX	B	0.07%
D	C	0.06%
AME	A	0.06%
BAX	F	0.06%
MRVL	B	0.06%
ETR	A	0.06%
ORLY	A	0.05%
EL	F	0.05%
SRPT	F	0.04%
NRG	B	0.04%
BMRN	F	0.03%
LKQ	D	0.02%

HELO Underweight 72 Positions Relative to PY

Symbol	Grade	Weight
HD	A	-1.58%
MS	A	-1.23%
CAT	B	-1.2%
QCOM	F	-1.12%
RTX	D	-1.04%
ADP	B	-1.02%
DFS	A	-1.01%
TRGP	A	-0.97%
SYF	A	-0.96%
TJX	A	-0.96%
STLD	B	-0.95%
PNC	A	-0.94%
SNA	A	-0.93%
LMT	D	-0.92%
BK	A	-0.9%
ITW	B	-0.9%
CB	C	-0.89%
RL	B	-0.88%
PAYX	B	-0.87%
PNR	A	-0.86%
SPG	A	-0.85%
KR	B	-0.85%
SLB	C	-0.84%
RF	A	-0.83%
NKE	D	-0.82%
AIG	B	-0.81%
PRU	A	-0.81%
CI	D	-0.8%
WTW	B	-0.8%
HPQ	B	-0.8%
NDAQ	A	-0.8%
CINF	A	-0.79%
DD	D	-0.79%
CVS	F	-0.79%
VLO	C	-0.78%
FOXA	A	-0.78%
ROK	A	-0.78%
BR	A	-0.78%
EBAY	D	-0.77%
AVB	A	-0.77%
PSX	C	-0.77%
HIG	C	-0.76%
DRI	B	-0.76%
ALLE	D	-0.75%
CF	A	-0.75%
NDSN	B	-0.75%
MRO	A	-0.75%
BEN	C	-0.75%
AIZ	A	-0.75%
HAL	C	-0.74%
TAP	A	-0.74%
SYY	D	-0.74%
EMN	C	-0.73%
ESS	A	-0.73%
MPC	D	-0.73%
BBWI	C	-0.72%
OXY	F	-0.72%
MAA	A	-0.71%
ARE	D	-0.7%
CPT	D	-0.7%
VICI	C	-0.7%
KMB	C	-0.7%
EG	D	-0.68%
MKC	D	-0.67%
INVH	D	-0.67%
AOS	F	-0.67%
GIS	D	-0.66%
GPC	D	-0.65%
SWKS	F	-0.64%
ADM	D	-0.64%
HSY	F	-0.64%
HRL	D	-0.64%