HELO vs. QRMI ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

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

$62.66

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.00

Average Daily Volume

8,933

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	HELO	QRMI
30 Days	1.57%	1.66%
60 Days	3.39%	2.63%
90 Days	4.59%	3.97%
12 Months	20.91%	11.21%

40 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in QRMI	Overlap
AAPL	C	6.83%	8.63%	6.83%
ADBE	C	0.18%	1.53%	0.18%
ADI	D	0.72%	0.68%	0.68%
AMD	F	0.45%	1.46%	0.45%
AMZN	C	4.5%	5.66%	4.5%
AVGO	D	1.02%	5.23%	1.02%
BIIB	F	0.12%	0.16%	0.12%
BKNG	A	0.75%	1.12%	0.75%
BKR	B	0.24%	0.27%	0.24%
CDNS	B	0.17%	0.56%	0.17%
CHTR	C	0.25%	0.38%	0.25%
CMCSA	B	0.71%	1.1%	0.71%
COST	B	0.53%	2.69%	0.53%
CSX	B	0.41%	0.46%	0.41%
CTSH	B	0.49%	0.26%	0.26%
DASH	A	0.11%	0.44%	0.11%
FANG	D	0.31%	0.35%	0.31%
GOOG	C	1.46%	2.54%	1.46%
GOOGL	C	2.09%	2.64%	2.09%
HON	B	0.98%	0.98%	0.98%
INTU	C	0.51%	1.28%	0.51%
LIN	D	0.82%	1.42%	0.82%
LRCX	F	0.37%	0.62%	0.37%
LULU	C	0.13%	0.25%	0.13%
MDLZ	F	0.72%	0.57%	0.57%
META	D	2.9%	5.08%	2.9%
MNST	C	0.32%	0.36%	0.32%
MRVL	B	0.06%	0.5%	0.06%
MSFT	F	7.13%	7.96%	7.13%
MU	D	0.57%	0.72%	0.57%
NVDA	C	7.8%	9.04%	7.8%
NXPI	D	0.72%	0.38%	0.38%
PCAR	B	0.18%	0.39%	0.18%
PEP	F	0.83%	1.47%	0.83%
REGN	F	0.45%	0.56%	0.45%
ROST	C	0.44%	0.3%	0.3%
TMUS	B	0.17%	1.83%	0.17%
TSLA	B	1.58%	4.02%	1.58%
TXN	C	0.87%	1.22%	0.87%
VRTX	F	0.6%	0.83%	0.6%

HELO Overweight 121 Positions Relative to QRMI

Symbol	Grade	Weight
MA	C	1.72%
UNH	C	1.62%
BRK.A	B	1.53%
V	A	1.49%
XOM	B	1.43%
BAC	A	1.26%
CRM	B	1.15%
ABBV	D	1.14%
LLY	F	1.07%
WFC	A	1.0%
LOW	D	0.99%
TT	A	0.96%
NOW	A	0.94%
TMO	F	0.89%
SO	D	0.84%
NEE	D	0.83%
COP	C	0.81%
MCD	D	0.81%
SYK	C	0.76%
GS	A	0.75%
PGR	A	0.75%
BMY	B	0.68%
DE	A	0.68%
AZO	C	0.65%
KO	D	0.63%
HWM	A	0.62%
CME	A	0.59%
UBER	D	0.58%
TFC	A	0.56%
UPS	C	0.54%
BSX	B	0.52%
TDG	D	0.52%
FIS	C	0.52%
CMG	B	0.51%
JNJ	D	0.51%
PLD	D	0.5%
OTIS	C	0.5%
PCG	A	0.5%
YUM	B	0.5%
FITB	A	0.48%
CPAY	A	0.47%
EOG	A	0.47%
CARR	D	0.46%
MDT	D	0.46%
DHR	F	0.44%
AON	A	0.44%
SCHW	B	0.42%
STX	D	0.41%
LDOS	C	0.39%
DLR	B	0.39%
VTR	C	0.39%
ETN	A	0.38%
ORCL	B	0.36%
HLT	A	0.36%
DOW	F	0.35%
TRV	B	0.34%
RCL	A	0.34%
CI	F	0.34%
FDX	B	0.33%
USB	A	0.33%
PM	B	0.32%
SBAC	D	0.31%
DIS	B	0.31%
MET	A	0.3%
C	A	0.3%
CHD	B	0.3%
EXPE	B	0.29%
TXT	D	0.29%
WELL	A	0.27%
KVUE	A	0.26%
BURL	A	0.24%
MRK	F	0.24%
LYB	F	0.23%
IR	B	0.23%
DAL	C	0.23%
MAS	D	0.23%
PPG	F	0.21%
ACN	C	0.21%
AXP	A	0.21%
BBY	D	0.2%
AMP	A	0.2%
KKR	A	0.2%
ABT	B	0.19%
ELS	C	0.19%
CVX	A	0.18%
HPE	B	0.18%
WDC	D	0.18%
T	A	0.18%
MSI	B	0.17%
NOC	D	0.17%
UNP	C	0.17%
MCK	B	0.16%
MLM	B	0.16%
HUM	C	0.16%
MO	A	0.15%
ANET	C	0.15%
LEN	D	0.14%
PG	A	0.14%
MMC	B	0.14%
TGT	F	0.14%
SQ	B	0.14%
URI	B	0.13%
PFG	D	0.13%
FICO	B	0.12%
NUE	C	0.11%
HCA	F	0.11%
VST	B	0.1%
CMS	C	0.1%
APTV	D	0.1%
WMG	C	0.1%
NBIX	C	0.08%
EQIX	A	0.07%
SIRI	C	0.07%
EQT	B	0.06%
BAX	D	0.06%
AME	A	0.06%
EL	F	0.05%
NRG	B	0.04%
BMRN	D	0.03%
SRPT	D	0.03%
LKQ	D	0.02%

HELO Underweight 61 Positions Relative to QRMI

Symbol	Grade	Weight
NFLX	A	-2.31%
CSCO	B	-1.55%
ISRG	A	-1.24%
QCOM	F	-1.16%
AMGN	D	-1.05%
AMAT	F	-0.98%
PANW	C	-0.84%
ADP	B	-0.81%
GILD	C	-0.75%
SBUX	A	-0.73%
INTC	D	-0.69%
MELI	D	-0.63%
CTAS	B	-0.59%
PYPL	B	-0.58%
KLAC	D	-0.58%
SNPS	B	-0.56%
CRWD	B	-0.54%
MAR	B	-0.53%
PDD	F	-0.49%
ORLY	B	-0.48%
FTNT	C	-0.48%
CEG	D	-0.47%
ADSK	A	-0.45%
ASML	F	-0.42%
ROP	B	-0.41%
WDAY	B	-0.39%
ABNB	C	-0.38%
TTD	B	-0.37%
CPRT	A	-0.36%
PAYX	C	-0.34%
AEP	D	-0.32%
ODFL	B	-0.32%
FAST	B	-0.31%
KDP	D	-0.29%
EA	A	-0.28%
TEAM	A	-0.27%
VRSK	A	-0.27%
DDOG	A	-0.26%
GEHC	F	-0.25%
KHC	F	-0.25%
IDXX	F	-0.24%
AZN	D	-0.24%
EXC	C	-0.24%
XEL	A	-0.24%
MCHP	D	-0.23%
CCEP	C	-0.23%
CSGP	D	-0.21%
TTWO	A	-0.21%
ZS	C	-0.21%
ON	D	-0.2%
ANSS	B	-0.2%
DXCM	D	-0.19%
WBD	C	-0.16%
CDW	F	-0.16%
MDB	C	-0.15%
GFS	C	-0.15%
ILMN	D	-0.15%
MRNA	F	-0.11%
ARM	D	-0.11%
DLTR	F	-0.1%
SMCI	F	-0.08%