HELO vs. SKF ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to ProShares UltraShort Financials (SKF)

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

SKF

ProShares UltraShort Financials

SKF Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.40

Average Daily Volume

12,877

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HELO	SKF
30 Days	1.57%	-14.46%
60 Days	3.39%	-19.83%
90 Days	4.59%	-23.27%
12 Months	20.91%	-49.37%

27 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in SKF	Overlap
AMP	A	0.2%	0.37%	0.2%
AON	A	0.44%	0.83%	0.44%
AXP	A	0.21%	1.49%	0.21%
BAC	A	1.26%	4.46%	1.26%
BRK.A	B	1.53%	7.56%	1.53%
C	A	0.3%	2.98%	0.3%
CME	A	0.59%	1.25%	0.59%
DLR	B	0.39%	0.44%	0.39%
ELS	C	0.19%	0.22%	0.19%
EQIX	A	0.07%	0.84%	0.07%
FITB	A	0.48%	0.35%	0.35%
GS	A	0.75%	1.34%	0.75%
MA	C	1.72%	4.83%	1.72%
MET	A	0.3%	0.69%	0.3%
MMC	B	0.14%	0.97%	0.14%
PFG	D	0.13%	0.25%	0.13%
PGR	A	0.75%	0.75%	0.75%
PLD	D	0.5%	1.0%	0.5%
SBAC	D	0.31%	0.48%	0.31%
SCHW	B	0.42%	0.93%	0.42%
TFC	A	0.56%	1.27%	0.56%
TRV	B	0.34%	0.61%	0.34%
USB	A	0.33%	1.32%	0.33%
V	A	1.49%	5.88%	1.49%
VTR	C	0.39%	0.37%	0.37%
WELL	A	0.27%	0.59%	0.27%
WFC	A	1.0%	3.19%	1.0%

HELO Overweight 134 Positions Relative to SKF

Symbol	Grade	Weight
NVDA	C	7.8%
MSFT	F	7.13%
AAPL	C	6.83%
AMZN	C	4.5%
META	D	2.9%
GOOGL	C	2.09%
UNH	C	1.62%
TSLA	B	1.58%
GOOG	C	1.46%
XOM	B	1.43%
CRM	B	1.15%
ABBV	D	1.14%
LLY	F	1.07%
AVGO	D	1.02%
LOW	D	0.99%
HON	B	0.98%
TT	A	0.96%
NOW	A	0.94%
TMO	F	0.89%
TXN	C	0.87%
SO	D	0.84%
NEE	D	0.83%
PEP	F	0.83%
LIN	D	0.82%
COP	C	0.81%
MCD	D	0.81%
SYK	C	0.76%
BKNG	A	0.75%
NXPI	D	0.72%
ADI	D	0.72%
MDLZ	F	0.72%
CMCSA	B	0.71%
BMY	B	0.68%
DE	A	0.68%
AZO	C	0.65%
KO	D	0.63%
HWM	A	0.62%
VRTX	F	0.6%
UBER	D	0.58%
MU	D	0.57%
UPS	C	0.54%
COST	B	0.53%
BSX	B	0.52%
TDG	D	0.52%
FIS	C	0.52%
INTU	C	0.51%
CMG	B	0.51%
JNJ	D	0.51%
OTIS	C	0.5%
PCG	A	0.5%
YUM	B	0.5%
CTSH	B	0.49%
CPAY	A	0.47%
EOG	A	0.47%
CARR	D	0.46%
MDT	D	0.46%
REGN	F	0.45%
AMD	F	0.45%
DHR	F	0.44%
ROST	C	0.44%
STX	D	0.41%
CSX	B	0.41%
LDOS	C	0.39%
ETN	A	0.38%
LRCX	F	0.37%
ORCL	B	0.36%
HLT	A	0.36%
DOW	F	0.35%
RCL	A	0.34%
CI	F	0.34%
FDX	B	0.33%
PM	B	0.32%
MNST	C	0.32%
FANG	D	0.31%
DIS	B	0.31%
CHD	B	0.3%
EXPE	B	0.29%
TXT	D	0.29%
KVUE	A	0.26%
CHTR	C	0.25%
BKR	B	0.24%
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%
BBY	D	0.2%
KKR	A	0.2%
ABT	B	0.19%
CVX	A	0.18%
HPE	B	0.18%
PCAR	B	0.18%
ADBE	C	0.18%
WDC	D	0.18%
T	A	0.18%
MSI	B	0.17%
NOC	D	0.17%
CDNS	B	0.17%
UNP	C	0.17%
TMUS	B	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%
TGT	F	0.14%
SQ	B	0.14%
URI	B	0.13%
LULU	C	0.13%
BIIB	F	0.12%
FICO	B	0.12%
NUE	C	0.11%
HCA	F	0.11%
DASH	A	0.11%
VST	B	0.1%
CMS	C	0.1%
APTV	D	0.1%
WMG	C	0.1%
NBIX	C	0.08%
SIRI	C	0.07%
EQT	B	0.06%
BAX	D	0.06%
MRVL	B	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 70 Positions Relative to SKF

Symbol	Grade	Weight
JPM	A	-7.27%
AMT	D	-1.74%
SPGI	C	-1.22%
MS	A	-1.19%
CB	C	-1.17%
PNC	B	-1.13%
BLK	C	-1.06%
CCI	D	-1.02%
ICE	C	-0.91%
COF	B	-0.81%
AIG	B	-0.77%
SPG	B	-0.76%
MCO	B	-0.7%
BX	A	-0.67%
PRU	A	-0.66%
AFL	B	-0.66%
BK	A	-0.65%
ALL	A	-0.64%
PSA	D	-0.56%
TROW	B	-0.52%
AVB	B	-0.51%
STT	A	-0.5%
EQR	B	-0.48%
WTW	B	-0.44%
DFS	B	-0.44%
O	D	-0.42%
MSCI	C	-0.4%
CSGP	D	-0.4%
WY	D	-0.39%
NTRS	A	-0.39%
HIG	B	-0.37%
SYF	B	-0.36%
MTB	A	-0.36%
BXP	D	-0.34%
CBRE	B	-0.34%
ESS	B	-0.34%
ARE	D	-0.32%
KEY	B	-0.32%
ACGL	D	-0.31%
CFG	B	-0.3%
DOC	D	-0.3%
AJG	B	-0.3%
INVH	D	-0.28%
MKL	A	-0.28%
RF	A	-0.27%
CINF	A	-0.27%
HBAN	A	-0.26%
MAA	B	-0.26%
MKTX	D	-0.24%
WPC	D	-0.24%
SUI	D	-0.24%
EXR	D	-0.24%
L	A	-0.23%
NLY	C	-0.23%
UDR	B	-0.23%
HST	C	-0.22%
FNF	B	-0.22%
NDAQ	A	-0.21%
RJF	A	-0.2%
LNC	B	-0.2%
EG	C	-0.19%
MPW	F	-0.19%
ALLY	C	-0.19%
EQH	B	-0.19%
GL	B	-0.18%
FDS	B	-0.18%
REG	B	-0.18%
VNO	B	-0.18%
CPT	B	-0.18%
WRB	A	-0.17%