IMCB vs. HELO ETF Comparison

Comparison of iShares Morningstar Mid-Cap ETF (IMCB) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

IMCB

iShares Morningstar Mid-Cap ETF

IMCB Description

IMCB is a passively-managed portfolio that offers exposure to a blend of growth and value stocks in the US mid-cap space. Stocks are selected based on Morningstars index methodology that uses fundamental factors. This methodology identifies growth securities as those with relatively above-average historical and forecasted earnings, sales, equity, and cash flow growth, while value securities as those with relatively low valuations based on price-to-book ratios, price-to-earnings ratios and other factors. The underlying index is reconstituted twice annually and rebalanced quarterly. Prior to March 19, 2021, the fund tracked the Morningstar US Mid Core Index under the ticker JKG.

Grade (RS Rating)

Last Trade

$81.50

Average Daily Volume

28,342

Number of Holdings ^*

447

* may have additional holdings in another (foreign) market

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

Performance

Period	IMCB	HELO
30 Days	6.60%	1.57%
60 Days	7.43%	3.39%
90 Days	9.78%	4.59%
12 Months	32.75%	20.91%

65 Overlapping Holdings

Symbol	Grade	Weight in IMCB	Weight in HELO	Overlap
AME	A	0.39%	0.06%	0.06%
AMP	A	0.49%	0.2%	0.2%
APTV	D	0.11%	0.1%	0.1%
AZO	C	0.47%	0.65%	0.47%
BAX	D	0.14%	0.06%	0.06%
BBY	D	0.16%	0.2%	0.16%
BIIB	F	0.21%	0.12%	0.12%
BKR	B	0.38%	0.24%	0.24%
BMRN	D	0.11%	0.03%	0.03%
BURL	A	0.15%	0.24%	0.15%
CARR	D	0.55%	0.46%	0.46%
CHD	B	0.23%	0.3%	0.23%
CHTR	C	0.34%	0.25%	0.25%
CMS	C	0.18%	0.1%	0.1%
CPAY	A	0.23%	0.47%	0.23%
CTSH	B	0.36%	0.49%	0.36%
DAL	C	0.37%	0.23%	0.23%
DASH	A	0.47%	0.11%	0.11%
DLR	B	0.51%	0.39%	0.39%
DOW	F	0.28%	0.35%	0.28%
EL	F	0.13%	0.05%	0.05%
ELS	C	0.11%	0.19%	0.11%
EQT	B	0.21%	0.06%	0.06%
EXPE	B	0.2%	0.29%	0.2%
FANG	D	0.28%	0.31%	0.28%
FICO	B	0.5%	0.12%	0.12%
FIS	C	0.44%	0.52%	0.44%
FITB	A	0.28%	0.48%	0.28%
HLT	A	0.54%	0.36%	0.36%
HPE	B	0.24%	0.18%	0.18%
HUM	C	0.3%	0.16%	0.16%
HWM	A	0.41%	0.62%	0.41%
IR	B	0.37%	0.23%	0.23%
KVUE	A	0.36%	0.26%	0.26%
LDOS	C	0.2%	0.39%	0.2%
LEN	D	0.35%	0.14%	0.14%
LEN	D	0.01%	0.14%	0.01%
LKQ	D	0.09%	0.02%	0.02%
LULU	C	0.32%	0.13%	0.13%
LYB	F	0.19%	0.23%	0.19%
MAS	D	0.15%	0.23%	0.15%
MLM	B	0.32%	0.16%	0.16%
NBIX	C	0.11%	0.08%	0.08%
NRG	B	0.17%	0.04%	0.04%
NUE	C	0.31%	0.11%	0.11%
OTIS	C	0.36%	0.5%	0.36%
PCAR	B	0.52%	0.18%	0.18%
PCG	A	0.39%	0.5%	0.39%
PFG	D	0.18%	0.13%	0.13%
PPG	F	0.26%	0.21%	0.21%
RCL	A	0.48%	0.34%	0.34%
ROST	C	0.41%	0.44%	0.41%
SBAC	D	0.21%	0.31%	0.21%
SIRI	C	0.06%	0.07%	0.06%
SQ	B	0.41%	0.14%	0.14%
SRPT	D	0.09%	0.03%	0.03%
STX	D	0.17%	0.41%	0.17%
TFC	A	0.54%	0.56%	0.54%
TRV	B	0.52%	0.34%	0.34%
TXT	D	0.14%	0.29%	0.14%
URI	B	0.5%	0.13%	0.13%
VST	B	0.4%	0.1%	0.1%
VTR	C	0.23%	0.39%	0.23%
WDC	D	0.18%	0.18%	0.18%
YUM	B	0.34%	0.5%	0.34%

IMCB Overweight 382 Positions Relative to HELO

Symbol	Grade	Weight
PLTR	B	1.04%
GEV	B	0.79%
COF	B	0.61%
WMB	A	0.59%
ADSK	A	0.58%
GM	B	0.57%
OKE	A	0.55%
FTNT	C	0.54%
NSC	B	0.53%
APP	B	0.52%
WDAY	B	0.51%
JCI	C	0.5%
SRE	A	0.5%
BK	A	0.5%
MSTR	C	0.5%
AFL	B	0.49%
TTD	B	0.49%
SPG	B	0.48%
COIN	C	0.48%
GWW	B	0.46%
PSA	D	0.46%
KMI	A	0.46%
ALL	A	0.45%
CMI	A	0.44%
AEP	D	0.44%
CPRT	A	0.44%
DHI	D	0.43%
O	D	0.43%
AIG	B	0.43%
PWR	A	0.42%
PAYX	C	0.42%
MSCI	C	0.42%
LNG	B	0.42%
NEM	D	0.41%
TEL	B	0.41%
LHX	C	0.41%
FAST	B	0.41%
D	C	0.41%
PRU	A	0.4%
VRT	B	0.39%
KMB	D	0.39%
CCI	D	0.39%
VLO	C	0.39%
AXON	A	0.38%
PEG	A	0.38%
DFS	B	0.38%
F	C	0.38%
COR	B	0.37%
TRGP	B	0.37%
ODFL	B	0.37%
HES	B	0.36%
VRSK	A	0.36%
IT	C	0.36%
FERG	B	0.36%
STZ	D	0.35%
TEAM	A	0.35%
EW	C	0.35%
KR	B	0.35%
CTVA	C	0.35%
EA	A	0.35%
CBRE	B	0.35%
XEL	A	0.34%
A	D	0.34%
DDOG	A	0.34%
IQV	D	0.33%
SYY	B	0.33%
ACGL	D	0.33%
VMC	B	0.33%
EXC	C	0.33%
GIS	D	0.32%
HPQ	B	0.32%
KDP	D	0.32%
GLW	B	0.32%
DD	D	0.31%
MCHP	D	0.31%
IDXX	F	0.31%
MTB	A	0.31%
DELL	C	0.31%
HUBS	A	0.31%
VEEV	C	0.3%
RMD	C	0.3%
HIG	B	0.3%
EXR	D	0.3%
WAB	B	0.3%
VICI	C	0.29%
WTW	B	0.29%
GRMN	B	0.29%
GEHC	F	0.29%
ROK	B	0.29%
ED	D	0.29%
IRM	D	0.29%
ARES	A	0.28%
EIX	B	0.28%
EBAY	D	0.28%
EFX	F	0.28%
ALNY	D	0.28%
AVB	B	0.28%
NDAQ	A	0.27%
RJF	A	0.27%
WEC	A	0.27%
CPNG	D	0.27%
CSGP	D	0.27%
CNC	D	0.27%
ETR	B	0.27%
XYL	D	0.26%
ANSS	B	0.26%
GPN	B	0.26%
TTWO	A	0.26%
CAH	B	0.26%
DXCM	D	0.26%
UAL	A	0.26%
TSCO	D	0.26%
KHC	F	0.25%
STT	A	0.25%
ON	D	0.25%
KEYS	A	0.24%
MPWR	F	0.24%
BRO	B	0.24%
FCNCA	A	0.24%
DECK	A	0.24%
PHM	D	0.24%
RBLX	C	0.24%
NET	B	0.24%
NVR	D	0.24%
DOV	A	0.24%
AWK	D	0.23%
TYL	B	0.23%
SYF	B	0.23%
TPL	A	0.23%
HSY	F	0.23%
MTD	D	0.23%
TROW	B	0.23%
FTV	C	0.23%
HAL	C	0.23%
BR	A	0.23%
PPL	B	0.22%
DTE	C	0.22%
WST	C	0.22%
GDDY	A	0.22%
DVN	F	0.22%
ADM	D	0.22%
EQR	B	0.22%
SW	A	0.22%
HBAN	A	0.22%
EME	C	0.21%
LPLA	A	0.21%
HUBB	B	0.21%
AEE	A	0.21%
RF	A	0.21%
CDW	F	0.21%
CCL	B	0.21%
NTAP	C	0.21%
VLTO	D	0.21%
WAT	B	0.2%
TDY	B	0.2%
ZBH	C	0.2%
WY	D	0.2%
ILMN	D	0.2%
PTC	A	0.2%
IFF	D	0.2%
CINF	A	0.2%
PKG	A	0.19%
CFG	B	0.19%
K	A	0.19%
ES	D	0.19%
NTRS	A	0.19%
ATO	A	0.19%
STE	F	0.19%
MKL	A	0.19%
BLDR	D	0.19%
WBD	C	0.19%
ZBRA	B	0.18%
LH	C	0.18%
STLD	B	0.18%
DRI	B	0.18%
CLX	B	0.18%
OMC	C	0.18%
MDB	C	0.18%
FE	C	0.18%
CSL	C	0.18%
SNA	A	0.17%
MKC	D	0.17%
FDS	B	0.17%
IBKR	A	0.17%
CTRA	B	0.17%
EXE	B	0.17%
ZS	C	0.17%
LYV	A	0.17%
INVH	D	0.17%
CNP	B	0.17%
LUV	C	0.17%
TRU	D	0.17%
ESS	B	0.17%
IP	B	0.17%
BALL	D	0.17%
DKNG	B	0.17%
LII	A	0.17%
LVS	C	0.17%
COO	D	0.17%
ZM	B	0.17%
BAH	F	0.17%
FSLR	F	0.17%
MOH	F	0.16%
J	F	0.16%
FWONK	B	0.16%
KEY	B	0.16%
TSN	B	0.16%
HOLX	D	0.16%
PODD	C	0.16%
ULTA	F	0.16%
WSO	A	0.16%
MAA	B	0.16%
WRB	A	0.16%
NTRA	B	0.16%
HOOD	B	0.15%
HEI	B	0.15%
ALGN	D	0.15%
KIM	A	0.15%
TER	D	0.15%
OC	A	0.15%
DG	F	0.15%
ARE	D	0.15%
EXPD	D	0.15%
MANH	D	0.15%
TRMB	B	0.15%
XPO	B	0.15%
GEN	B	0.15%
RS	B	0.15%
GPC	D	0.15%
NTNX	A	0.15%
IEX	B	0.15%
DGX	A	0.15%
PNR	A	0.15%
PINS	D	0.15%
RPM	A	0.15%
JBHT	C	0.14%
FLEX	A	0.14%
SUI	D	0.14%
L	A	0.14%
CF	B	0.14%
FNF	B	0.14%
FIX	A	0.14%
THC	D	0.14%
TOL	B	0.14%
WSM	B	0.14%
EG	C	0.14%
VRSN	F	0.14%
AVY	D	0.14%
SSNC	B	0.14%
NI	A	0.14%
MRO	B	0.14%
DOCU	A	0.14%
TWLO	A	0.14%
JBL	B	0.13%
FFIV	B	0.13%
AVTR	F	0.13%
RVTY	F	0.13%
EVRG	A	0.13%
SAIA	B	0.13%
AMCR	D	0.13%
ACM	A	0.13%
UTHR	C	0.13%
ROL	B	0.13%
DT	C	0.13%
TW	A	0.13%
DOC	D	0.13%
GGG	B	0.13%
DPZ	C	0.13%
USFD	A	0.13%
CASY	A	0.13%
RGA	A	0.13%
LNT	A	0.13%
VTRS	A	0.13%
ENTG	D	0.13%
PSTG	D	0.13%
SWK	D	0.12%
CAG	D	0.12%
NDSN	B	0.12%
RNR	C	0.12%
PFGC	B	0.12%
MRNA	F	0.12%
UDR	B	0.12%
SWKS	F	0.12%
AKAM	D	0.12%
DLTR	F	0.12%
POOL	C	0.12%
EPAM	C	0.12%
EQH	B	0.12%
OVV	B	0.11%
LECO	B	0.11%
EMN	D	0.11%
UHS	D	0.11%
DAY	B	0.11%
UNM	A	0.11%
ALB	C	0.11%
AMH	D	0.11%
HST	C	0.11%
SCI	B	0.11%
NVT	B	0.11%
REG	B	0.11%
BXP	D	0.11%
KMX	B	0.11%
JNPR	F	0.11%
OKTA	C	0.11%
BG	F	0.11%
ALLE	D	0.11%
JKHY	D	0.11%
GLPI	C	0.11%
CLH	B	0.11%
INCY	C	0.11%
CPT	B	0.11%
TTEK	F	0.1%
CCK	C	0.1%
FND	C	0.1%
IPG	D	0.1%
TAP	C	0.1%
NWSA	B	0.1%
FOXA	B	0.1%
CG	A	0.1%
PAYC	B	0.1%
DKS	C	0.1%
BLD	D	0.1%
RRX	B	0.1%
TECH	D	0.1%
SNAP	C	0.1%
LW	C	0.1%
SJM	D	0.1%
HEI	B	0.1%
WPC	D	0.1%
CNH	C	0.09%
WING	D	0.09%
ALLY	C	0.09%
CHDN	B	0.09%
AES	F	0.09%
CRL	C	0.09%
ERIE	D	0.09%
RPRX	D	0.09%
AFG	A	0.09%
BJ	A	0.09%
MOS	F	0.08%
ENPH	F	0.08%
AOS	F	0.08%
CPB	D	0.08%
HRL	D	0.08%
TFX	F	0.08%
SMCI	F	0.08%
AR	B	0.08%
WYNN	D	0.08%
MGM	D	0.08%
WMS	D	0.08%
MORN	B	0.08%
EXAS	D	0.08%
SOLV	C	0.08%
WTRG	B	0.08%
ACI	C	0.07%
CNM	D	0.07%
DVA	B	0.07%
HII	D	0.07%
CE	F	0.07%
APA	D	0.07%
MEDP	D	0.07%
PCOR	B	0.06%
UHAL	D	0.06%
QRVO	F	0.06%
WBA	F	0.06%
BSY	D	0.06%
AZPN	A	0.06%
DINO	D	0.06%
BRKR	D	0.05%
U	C	0.05%
SNX	C	0.05%
FOX	A	0.05%
BEN	C	0.05%
CELH	F	0.04%
WLK	D	0.04%
COTY	F	0.03%
NWS	B	0.03%
PAG	B	0.03%
FWONA	B	0.02%
ALAB	B	0.02%
AGR	B	0.02%
UHAL	D	0.0%

IMCB Underweight 97 Positions Relative to HELO

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%
MA	C	-1.72%
UNH	C	-1.62%
TSLA	B	-1.58%
BRK.A	B	-1.53%
V	A	-1.49%
GOOG	C	-1.46%
XOM	B	-1.43%
BAC	A	-1.26%
CRM	B	-1.15%
ABBV	D	-1.14%
LLY	F	-1.07%
AVGO	D	-1.02%
WFC	A	-1.0%
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%
GS	A	-0.75%
PGR	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%
KO	D	-0.63%
VRTX	F	-0.6%
CME	A	-0.59%
UBER	D	-0.58%
MU	D	-0.57%
UPS	C	-0.54%
COST	B	-0.53%
BSX	B	-0.52%
TDG	D	-0.52%
INTU	C	-0.51%
CMG	B	-0.51%
JNJ	D	-0.51%
PLD	D	-0.5%
EOG	A	-0.47%
MDT	D	-0.46%
REGN	F	-0.45%
AMD	F	-0.45%
DHR	F	-0.44%
AON	A	-0.44%
SCHW	B	-0.42%
CSX	B	-0.41%
ETN	A	-0.38%
LRCX	F	-0.37%
ORCL	B	-0.36%
CI	F	-0.34%
FDX	B	-0.33%
USB	A	-0.33%
PM	B	-0.32%
MNST	C	-0.32%
DIS	B	-0.31%
MET	A	-0.3%
C	A	-0.3%
WELL	A	-0.27%
MRK	F	-0.24%
ACN	C	-0.21%
AXP	A	-0.21%
KKR	A	-0.2%
ABT	B	-0.19%
CVX	A	-0.18%
ADBE	C	-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%
MO	A	-0.15%
ANET	C	-0.15%
PG	A	-0.14%
MMC	B	-0.14%
TGT	F	-0.14%
HCA	F	-0.11%
WMG	C	-0.1%
EQIX	A	-0.07%
MRVL	B	-0.06%