HELO vs. SPGP ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Invesco S&P 500 GARP ETF (SPGP)

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

$62.23

Average Daily Volume

264,230

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$108.96

Average Daily Volume

235,377

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HELO	SPGP
30 Days	1.91%	3.96%
60 Days	4.63%	8.76%
90 Days	5.74%	7.83%
12 Months	22.38%	20.22%

26 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in SPGP	Overlap
AAPL	C	6.81%	0.86%	0.86%
AMP	A	0.2%	1.08%	0.2%
ANET	C	0.12%	2.26%	0.12%
BRK.A	B	1.51%	1.07%	1.07%
COP	C	0.8%	1.92%	0.8%
CVX	A	0.17%	1.56%	0.17%
DAL	A	0.22%	2.18%	0.22%
DE	D	0.71%	1.39%	0.71%
EOG	A	0.44%	2.16%	0.44%
FANG	C	0.31%	1.49%	0.31%
GOOG	C	1.61%	1.06%	1.06%
HPE	B	0.2%	0.83%	0.2%
LEN	D	0.14%	0.99%	0.14%
LRCX	F	0.39%	0.84%	0.39%
LULU	B	0.12%	1.44%	0.12%
MA	B	1.72%	1.15%	1.15%
META	B	2.93%	1.07%	1.07%
MLM	B	0.17%	0.87%	0.17%
NUE	D	0.12%	1.71%	0.12%
NVDA	A	7.95%	2.56%	2.56%
NXPI	F	0.75%	1.39%	0.75%
PCAR	B	0.18%	1.29%	0.18%
ROST	D	0.44%	1.68%	0.44%
V	A	1.48%	0.91%	0.91%
VRTX	B	0.62%	0.84%	0.62%
XOM	B	1.44%	1.45%	1.44%

HELO Overweight 138 Positions Relative to SPGP

Symbol	Grade	Weight
MSFT	C	7.11%
AMZN	A	4.47%
GOOGL	C	2.15%
UNH	B	1.65%
TSLA	B	1.5%
ABBV	F	1.35%
BAC	A	1.23%
AVGO	C	1.1%
LLY	F	1.09%
CRM	B	1.08%
WFC	A	0.99%
HON	B	0.98%
LOW	B	0.97%
NOW	A	0.96%
TT	B	0.93%
TMO	F	0.93%
TXN	B	0.92%
SO	D	0.84%
LIN	D	0.84%
PEP	D	0.78%
ADI	D	0.77%
SYK	A	0.74%
GS	B	0.74%
BKNG	A	0.74%
PGR	A	0.74%
MCD	C	0.73%
NEE	D	0.73%
MDLZ	F	0.72%
CMCSA	B	0.72%
KO	F	0.69%
AZO	B	0.66%
MU	D	0.65%
BMY	B	0.64%
HWM	B	0.61%
UBER	F	0.59%
COST	B	0.58%
CME	B	0.58%
TFC	B	0.55%
UPS	C	0.54%
JNJ	D	0.53%
INTU	A	0.52%
BSX	A	0.51%
FIS	B	0.51%
TDG	D	0.5%
PLD	D	0.5%
CTSH	A	0.5%
YUM	B	0.5%
OTIS	D	0.5%
AMD	F	0.49%
CMG	B	0.49%
REGN	F	0.48%
MDT	D	0.47%
CARR	C	0.46%
FITB	A	0.46%
STX	D	0.45%
DHR	F	0.45%
CPAY	A	0.44%
LDOS	C	0.44%
AON	B	0.44%
CSX	B	0.41%
VTR	C	0.4%
SCHW	B	0.39%
DLR	C	0.39%
ETN	B	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%
TRV	B	0.33%
MNST	B	0.32%
FDX	B	0.32%
PM	B	0.31%
SBAC	D	0.31%
MRK	F	0.3%
TXT	D	0.3%
C	B	0.3%
MET	C	0.29%
EXPE	B	0.28%
WELL	B	0.27%
ORCL	A	0.26%
CHTR	B	0.25%
ACN	B	0.25%
CHD	A	0.25%
BKR	B	0.24%
BURL	C	0.24%
LYB	F	0.24%
KVUE	A	0.23%
MAS	D	0.23%
DIS	B	0.22%
BBY	C	0.2%
PG	C	0.2%
KKR	B	0.2%
WDC	D	0.2%
PPG	F	0.2%
CMS	D	0.19%
ABT	C	0.19%
AXP	B	0.19%
UNP	D	0.18%
IR	A	0.18%
T	A	0.18%
ELS	B	0.18%
CDNS	B	0.17%
HUM	D	0.17%
TMUS	A	0.17%
ADBE	C	0.17%
NOC	D	0.17%
MCK	B	0.16%
MSI	B	0.16%
MO	A	0.15%
TGT	C	0.14%
MMC	D	0.14%
URI	B	0.13%
PFG	C	0.13%
BIIB	F	0.12%
DASH	A	0.11%
FICO	B	0.11%
WMG	B	0.11%
HCA	D	0.11%
APTV	F	0.1%
SQ	B	0.1%
VST	B	0.09%
NBIX	C	0.08%
SIRI	C	0.07%
EQIX	B	0.07%
D	D	0.06%
AME	A	0.06%
BAX	F	0.06%
MRVL	B	0.06%
ETR	B	0.06%
ORLY	A	0.05%
EL	F	0.05%
EQT	B	0.05%
SRPT	F	0.04%
NRG	C	0.04%
BMRN	F	0.03%
LKQ	C	0.02%

HELO Underweight 48 Positions Relative to SPGP

Symbol	Grade	Weight
UAL	A	-2.95%
STLD	C	-2.2%
PAYC	B	-1.94%
TJX	A	-1.91%
VLO	C	-1.9%
DFS	B	-1.82%
MRO	B	-1.8%
MPC	D	-1.77%
JBL	C	-1.69%
ULTA	C	-1.68%
SYF	B	-1.61%
OKE	A	-1.6%
PANW	B	-1.54%
BLDR	C	-1.5%
CF	B	-1.46%
PSX	C	-1.4%
CAT	B	-1.39%
COF	B	-1.36%
IT	B	-1.32%
CTRA	B	-1.29%
DHI	D	-1.29%
GPC	D	-1.27%
SYY	D	-1.27%
TPR	A	-1.22%
PHM	D	-1.19%
ON	F	-1.17%
ACGL	C	-1.15%
INCY	B	-1.15%
GWW	B	-1.14%
MOH	F	-1.13%
L	A	-1.12%
KLAC	F	-1.09%
APA	F	-1.08%
ODFL	B	-1.08%
DECK	B	-1.06%
MOS	D	-1.05%
WRB	B	-1.04%
CPRT	A	-0.97%
EG	D	-0.97%
DVN	F	-0.94%
CB	C	-0.92%
HAL	C	-0.8%
OXY	F	-0.79%
AMAT	F	-0.78%
LW	B	-0.75%
MCHP	F	-0.73%
ADM	F	-0.7%
CE	F	-0.69%