HELO vs. SPYV ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV)

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

$62.87

Average Daily Volume

282,837

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.04

Average Daily Volume

2,240,383

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	HELO	SPYV
30 Days	1.65%	4.54%
60 Days	3.15%	4.82%
90 Days	4.87%	6.41%
12 Months	21.34%	27.45%

117 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in SPYV	Overlap
ABBV	D	1.14%	0.88%	0.88%
ABT	B	0.19%	0.94%	0.19%
ACN	B	0.21%	0.49%	0.21%
ADI	D	0.72%	0.2%	0.2%
AME	A	0.06%	0.11%	0.06%
AMP	B	0.2%	0.12%	0.12%
AON	A	0.44%	0.19%	0.19%
APTV	F	0.1%	0.07%	0.07%
AXP	A	0.21%	0.23%	0.21%
AZO	C	0.65%	0.08%	0.08%
BAC	A	1.26%	1.45%	1.26%
BAX	F	0.06%	0.08%	0.06%
BBY	D	0.2%	0.08%	0.08%
BIIB	F	0.12%	0.11%	0.11%
BKR	C	0.24%	0.2%	0.2%
BMY	B	0.68%	0.56%	0.56%
BRK.A	B	1.53%	4.01%	1.53%
BSX	C	0.52%	0.27%	0.27%
C	A	0.3%	0.61%	0.3%
CARR	C	0.46%	0.15%	0.15%
CHD	B	0.3%	0.07%	0.07%
CHTR	C	0.25%	0.1%	0.1%
CI	D	0.34%	0.42%	0.34%
CMCSA	C	0.71%	0.79%	0.71%
CME	A	0.59%	0.24%	0.24%
CMS	C	0.1%	0.09%	0.09%
COP	D	0.81%	0.19%	0.19%
COST	B	0.53%	1.11%	0.53%
CSX	B	0.41%	0.16%	0.16%
CTSH	B	0.49%	0.19%	0.19%
CVX	B	0.18%	1.29%	0.18%
DAL	B	0.23%	0.09%	0.09%
DE	B	0.68%	0.2%	0.2%
DHR	D	0.44%	0.72%	0.44%
DIS	B	0.31%	0.93%	0.31%
DLR	A	0.39%	0.15%	0.15%
DOW	F	0.35%	0.15%	0.15%
EL	F	0.05%	0.07%	0.05%
EOG	C	0.47%	0.12%	0.12%
EQIX	A	0.07%	0.21%	0.07%
EQT	B	0.06%	0.12%	0.06%
ETN	A	0.38%	0.26%	0.26%
FDX	B	0.33%	0.31%	0.31%
FIS	D	0.52%	0.23%	0.23%
FITB	B	0.48%	0.15%	0.15%
GS	B	0.75%	0.87%	0.75%
HCA	F	0.11%	0.16%	0.11%
HON	B	0.98%	0.7%	0.7%
HPE	B	0.18%	0.13%	0.13%
HUM	C	0.16%	0.16%	0.16%
HWM	B	0.62%	0.09%	0.09%
IR	A	0.23%	0.05%	0.05%
JNJ	D	0.51%	1.71%	0.51%
KO	D	0.63%	0.69%	0.63%
KVUE	A	0.26%	0.21%	0.21%
LDOS	D	0.39%	0.11%	0.11%
LEN	C	0.14%	0.08%	0.08%
LIN	D	0.82%	0.49%	0.49%
LKQ	D	0.02%	0.05%	0.02%
LOW	C	0.99%	0.72%	0.72%
LYB	F	0.23%	0.1%	0.1%
MA	B	1.72%	0.56%	0.56%
MAS	C	0.23%	0.04%	0.04%
MCD	D	0.81%	0.56%	0.56%
MCK	C	0.16%	0.37%	0.16%
MDLZ	F	0.72%	0.24%	0.24%
MDT	D	0.46%	0.52%	0.46%
MET	A	0.3%	0.23%	0.23%
MLM	B	0.16%	0.06%	0.06%
MMC	A	0.14%	0.25%	0.14%
MNST	B	0.32%	0.07%	0.07%
MO	A	0.15%	0.44%	0.15%
MRK	F	0.24%	0.7%	0.24%
MSI	C	0.17%	0.16%	0.16%
MU	D	0.57%	0.52%	0.52%
NEE	D	0.83%	0.72%	0.72%
NOC	D	0.17%	0.32%	0.17%
NRG	C	0.04%	0.09%	0.04%
NUE	D	0.11%	0.06%	0.06%
NXPI	D	0.72%	0.07%	0.07%
OTIS	C	0.5%	0.11%	0.11%
PCAR	B	0.18%	0.08%	0.08%
PCG	B	0.5%	0.21%	0.21%
PEP	F	0.83%	0.68%	0.68%
PFG	C	0.13%	0.09%	0.09%
PG	A	0.14%	1.12%	0.14%
PGR	A	0.75%	0.35%	0.35%
PLD	D	0.5%	0.5%	0.5%
PM	B	0.32%	0.59%	0.32%
PPG	D	0.21%	0.13%	0.13%
REGN	F	0.45%	0.16%	0.16%
SBAC	D	0.31%	0.07%	0.07%
SCHW	A	0.42%	0.56%	0.42%
SO	D	0.84%	0.44%	0.44%
STX	D	0.41%	0.06%	0.06%
SYK	C	0.76%	0.22%	0.22%
T	A	0.18%	0.75%	0.18%
TFC	B	0.56%	0.29%	0.29%
TGT	F	0.14%	0.33%	0.14%
TMO	F	0.89%	0.59%	0.59%
TMUS	A	0.17%	0.55%	0.17%
TRV	B	0.34%	0.27%	0.27%
TT	B	0.96%	0.13%	0.13%
TXN	D	0.87%	0.56%	0.56%
TXT	D	0.29%	0.08%	0.08%
UNH	B	1.62%	1.59%	1.59%
UNP	C	0.17%	0.37%	0.17%
UPS	C	0.54%	0.46%	0.46%
USB	A	0.33%	0.37%	0.33%
V	A	1.49%	0.82%	0.82%
VRTX	D	0.6%	0.21%	0.21%
VTR	D	0.39%	0.12%	0.12%
WDC	C	0.18%	0.1%	0.1%
WELL	C	0.27%	0.36%	0.27%
WFC	A	1.0%	1.16%	1.0%
XOM	C	1.43%	2.51%	1.43%
YUM	B	0.5%	0.1%	0.1%

HELO Overweight 44 Positions Relative to SPYV

Symbol	Grade	Weight
NVDA	C	7.8%
MSFT	D	7.13%
AAPL	B	6.83%
AMZN	C	4.5%
META	D	2.9%
GOOGL	C	2.09%
TSLA	B	1.58%
GOOG	C	1.46%
CRM	B	1.15%
LLY	F	1.07%
AVGO	D	1.02%
NOW	B	0.94%
BKNG	B	0.75%
UBER	D	0.58%
TDG	D	0.52%
INTU	C	0.51%
CMG	B	0.51%
CPAY	A	0.47%
AMD	F	0.45%
ROST	C	0.44%
LRCX	F	0.37%
ORCL	C	0.36%
HLT	A	0.36%
RCL	B	0.34%
FANG	F	0.31%
EXPE	B	0.29%
BURL	B	0.24%
KKR	B	0.2%
ELS	C	0.19%
ADBE	C	0.18%
CDNS	B	0.17%
ANET	C	0.15%
SQ	B	0.14%
URI	B	0.13%
LULU	C	0.13%
FICO	B	0.12%
DASH	A	0.11%
VST	B	0.1%
WMG	C	0.1%
NBIX	C	0.08%
SIRI	C	0.07%
MRVL	B	0.06%
BMRN	F	0.03%
SRPT	F	0.03%

HELO Underweight 316 Positions Relative to SPYV

Symbol	Grade	Weight
JPM	B	-3.22%
WMT	B	-1.72%
HD	A	-1.19%
CSCO	A	-1.09%
IBM	C	-0.9%
VZ	B	-0.81%
MS	B	-0.77%
AMGN	D	-0.75%
RTX	D	-0.74%
PFE	D	-0.69%
BLK	C	-0.68%
LMT	D	-0.54%
GILD	B	-0.54%
GE	D	-0.52%
INTC	C	-0.5%
CB	D	-0.5%
ELV	F	-0.44%
SPGI	C	-0.43%
ICE	D	-0.42%
QCOM	F	-0.41%
PYPL	A	-0.41%
DUK	C	-0.4%
PNC	A	-0.39%
CAT	B	-0.37%
EMR	A	-0.35%
ADP	B	-0.35%
GD	F	-0.35%
MMM	D	-0.34%
COF	B	-0.33%
APD	A	-0.33%
CVS	D	-0.32%
BDX	F	-0.31%
ISRG	C	-0.3%
GM	B	-0.3%
SLB	C	-0.29%
NSC	A	-0.28%
JCI	C	-0.27%
BK	A	-0.27%
SRE	A	-0.27%
FI	A	-0.27%
AFL	B	-0.26%
BA	D	-0.26%
AMT	D	-0.25%
PSX	C	-0.25%
GEV	C	-0.24%
ALL	B	-0.24%
KMI	B	-0.24%
NKE	F	-0.24%
AIG	B	-0.23%
O	D	-0.23%
CMI	A	-0.23%
AEP	D	-0.23%
SBUX	B	-0.22%
NEM	F	-0.22%
LHX	C	-0.22%
D	C	-0.22%
TJX	A	-0.22%
KMB	C	-0.21%
CCI	D	-0.21%
VLO	C	-0.21%
PRU	A	-0.21%
SHW	A	-0.21%
CL	D	-0.21%
COR	C	-0.2%
WM	A	-0.2%
F	C	-0.2%
PEG	A	-0.2%
CBRE	B	-0.19%
CTVA	B	-0.19%
MCO	A	-0.19%
WMB	B	-0.19%
KDP	D	-0.18%
GEHC	F	-0.18%
STZ	D	-0.18%
A	D	-0.18%
EXC	D	-0.18%
XEL	A	-0.18%
APH	B	-0.18%
CEG	D	-0.18%
KR	A	-0.18%
ITW	A	-0.18%
MTB	B	-0.17%
ZTS	D	-0.17%
HPQ	B	-0.17%
GIS	D	-0.17%
GLW	B	-0.17%
BX	B	-0.17%
SYY	C	-0.17%
CTAS	B	-0.16%
RMD	C	-0.16%
HIG	B	-0.16%
OXY	F	-0.16%
SPG	C	-0.16%
ROP	B	-0.16%
WAB	B	-0.16%
EXR	C	-0.16%
DD	D	-0.16%
FCX	F	-0.15%
ETR	B	-0.15%
AJG	A	-0.15%
ADSK	B	-0.15%
EIX	A	-0.15%
WTW	B	-0.15%
NDAQ	A	-0.15%
AVB	B	-0.15%
VICI	C	-0.15%
ED	D	-0.15%
XYL	D	-0.14%
GPN	C	-0.14%
CAH	B	-0.14%
ABNB	C	-0.14%
RJF	A	-0.14%
UAL	B	-0.14%
PSA	C	-0.14%
WEC	A	-0.14%
EBAY	C	-0.14%
ECL	D	-0.14%
CNC	F	-0.14%
TROW	A	-0.13%
KEYS	B	-0.13%
DOV	A	-0.13%
KHC	D	-0.13%
STT	A	-0.13%
PAYX	B	-0.13%
PPL	B	-0.12%
DVN	F	-0.12%
DTE	C	-0.12%
SW	B	-0.12%
EQR	B	-0.12%
EW	C	-0.12%
ADM	F	-0.12%
HBAN	B	-0.12%
VLTO	C	-0.12%
SYF	A	-0.12%
AWK	D	-0.12%
HAL	C	-0.12%
WY	D	-0.11%
IFF	D	-0.11%
CINF	A	-0.11%
FAST	B	-0.11%
MPC	F	-0.11%
OKE	C	-0.11%
AEE	A	-0.11%
RF	B	-0.11%
ZBRA	A	-0.1%
CLX	C	-0.1%
MSCI	C	-0.1%
OMC	C	-0.1%
CFG	B	-0.1%
FSLR	F	-0.1%
FE	D	-0.1%
PKG	B	-0.1%
NTRS	A	-0.1%
K	A	-0.1%
IQV	F	-0.1%
ES	D	-0.1%
WBD	C	-0.1%
EA	C	-0.1%
ZBH	C	-0.1%
TDY	B	-0.1%
ATO	A	-0.1%
TSN	B	-0.09%
VRSK	A	-0.09%
RSG	A	-0.09%
MAA	B	-0.09%
BALL	D	-0.09%
MKC	D	-0.09%
INVH	D	-0.09%
ORLY	B	-0.09%
LUV	B	-0.09%
ESS	B	-0.09%
CNP	A	-0.09%
EFX	D	-0.09%
PH	A	-0.09%
IP	B	-0.09%
LH	B	-0.09%
DFS	B	-0.09%
ON	C	-0.08%
NI	A	-0.08%
AVY	D	-0.08%
GEN	A	-0.08%
IRM	C	-0.08%
MTD	F	-0.08%
HSY	F	-0.08%
KIM	A	-0.08%
ARE	D	-0.08%
ROK	B	-0.08%
DG	F	-0.08%
TRMB	B	-0.08%
GPC	D	-0.08%
TSCO	C	-0.08%
TER	F	-0.08%
IEX	B	-0.08%
DGX	B	-0.08%
CSGP	C	-0.08%
J	F	-0.08%
KEY	A	-0.08%
WRB	A	-0.08%
HOLX	D	-0.08%
DELL	C	-0.08%
CDW	F	-0.07%
NDSN	B	-0.07%
WAT	B	-0.07%
FFIV	A	-0.07%
RVTY	D	-0.07%
EVRG	A	-0.07%
MCHP	F	-0.07%
AMCR	D	-0.07%
TTWO	B	-0.07%
PWR	A	-0.07%
JBHT	C	-0.07%
GRMN	A	-0.07%
DOC	C	-0.07%
VTRS	B	-0.07%
L	B	-0.07%
NTAP	C	-0.07%
LNT	A	-0.07%
IDXX	F	-0.07%
EG	C	-0.07%
EMN	D	-0.06%
SJM	D	-0.06%
ALB	C	-0.06%
UHS	D	-0.06%
REG	B	-0.06%
KMX	B	-0.06%
BG	F	-0.06%
INCY	C	-0.06%
JKHY	D	-0.06%
JNPR	F	-0.06%
HUBB	B	-0.06%
ANSS	B	-0.06%
CPT	B	-0.06%
CHRW	C	-0.06%
GWW	A	-0.06%
CAG	D	-0.06%
SWK	D	-0.06%
DLTR	D	-0.06%
TPR	A	-0.06%
SWKS	F	-0.06%
MRNA	F	-0.06%
UDR	B	-0.06%
VMC	B	-0.06%
STE	F	-0.05%
GL	C	-0.05%
AES	F	-0.05%
FDS	B	-0.05%
MKTX	D	-0.05%
CRL	C	-0.05%
PNW	B	-0.05%
SNA	A	-0.05%
CTLT	B	-0.05%
FOXA	C	-0.05%
EXPD	C	-0.05%
IPG	C	-0.05%
TAP	C	-0.05%
NWSA	B	-0.05%
AIZ	B	-0.05%
PODD	B	-0.05%
BR	A	-0.05%
TECH	C	-0.05%
BXP	D	-0.05%
DXCM	C	-0.05%
ALLE	D	-0.04%
MRO	B	-0.04%
HII	F	-0.04%
BWA	C	-0.04%
IVZ	B	-0.04%
ROL	B	-0.04%
VRSN	F	-0.04%
MTCH	F	-0.04%
HAS	D	-0.04%
MOS	F	-0.04%
EPAM	C	-0.04%
HSIC	B	-0.04%
FRT	A	-0.04%
CPB	D	-0.04%
HRL	D	-0.04%
TFX	F	-0.04%
PTC	A	-0.04%
DPZ	C	-0.04%
SOLV	C	-0.04%
DRI	B	-0.04%
ENPH	F	-0.03%
DAY	A	-0.03%
BRO	B	-0.03%
FOX	B	-0.03%
POOL	C	-0.03%
ULTA	F	-0.03%
QRVO	F	-0.03%
WBA	D	-0.03%
PAYC	A	-0.03%
CTRA	B	-0.03%
LVS	C	-0.03%
BEN	C	-0.03%
JBL	C	-0.03%
PARA	C	-0.03%
FMC	D	-0.03%
ALGN	D	-0.03%
AKAM	F	-0.03%
CF	B	-0.03%
CCL	B	-0.03%
STLD	B	-0.03%
MHK	D	-0.03%
MOH	F	-0.03%
CBOE	B	-0.03%
AOS	D	-0.02%
CZR	D	-0.02%
NWS	B	-0.02%
RL	B	-0.02%
LW	C	-0.02%
ERIE	D	-0.02%
GNRC	B	-0.02%
HST	C	-0.02%
PNR	B	-0.02%
MGM	F	-0.01%
DVA	B	-0.01%