JAVA vs. USMV ETF Comparison

Comparison of JPMorgan Active Value ETF (JAVA) to iShares MSCI USA Minimum Volatility ETF (USMV)

JAVA

JPMorgan Active Value ETF

JAVA Description

JPMorgan Active Value ETF is a transparent and actively managed fund that falls within the J.P. Morgan Global Equities platform. The fund invests primarily in large-cap equities using a bottom-up approach to select stocks that have an attractive value base and the potential for capital appreciation.

Grade (RS Rating)

Last Trade

$67.90

Average Daily Volume

344,712

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	JAVA	USMV
30 Days	4.83%	1.70%
60 Days	6.46%	2.42%
90 Days	8.64%	4.02%
12 Months	31.12%	25.63%

60 Overlapping Holdings

Symbol	Grade	Weight in JAVA	Weight in USMV	Overlap
ABBV	D	1.57%	1.04%	1.04%
ADI	D	0.78%	0.23%	0.23%
AMZN	C	0.63%	0.14%	0.14%
AZO	C	0.46%	0.98%	0.46%
BDX	F	0.28%	0.56%	0.28%
BMRN	D	0.23%	0.22%	0.22%
BMY	B	1.65%	0.49%	0.49%
BRK.A	B	2.4%	1.55%	1.55%
CB	C	0.53%	1.47%	0.53%
CI	F	0.43%	0.21%	0.21%
CMCSA	B	0.92%	0.39%	0.39%
CME	A	0.33%	0.53%	0.33%
CMS	C	0.44%	0.19%	0.19%
CRM	B	0.6%	0.05%	0.05%
CTSH	B	0.61%	0.76%	0.61%
CVS	D	0.8%	0.04%	0.04%
CVX	A	1.69%	0.34%	0.34%
D	C	0.29%	0.23%	0.23%
DELL	C	0.3%	0.12%	0.12%
EOG	A	0.67%	0.17%	0.17%
FCNCA	A	1.09%	0.88%	0.88%
FI	A	1.31%	0.69%	0.69%
FSLR	F	0.14%	0.06%	0.06%
GD	F	0.75%	0.05%	0.05%
GLW	B	0.26%	0.31%	0.26%
GOOG	C	0.46%	0.16%	0.16%
HD	A	0.71%	0.3%	0.3%
HIG	B	0.41%	0.12%	0.12%
HON	B	0.39%	0.25%	0.25%
HUM	C	0.23%	0.4%	0.23%
IBM	C	0.26%	1.66%	0.26%
JNJ	D	0.6%	1.18%	0.6%
LLY	F	0.23%	1.25%	0.23%
MCD	D	1.28%	1.25%	1.25%
MCK	B	0.67%	1.35%	0.67%
MDLZ	F	0.55%	0.44%	0.44%
MDT	D	0.38%	0.13%	0.13%
MMC	B	0.28%	1.11%	0.28%
MRK	F	0.22%	1.01%	0.22%
MSFT	F	0.67%	1.34%	0.67%
NOC	D	0.32%	1.43%	0.32%
ORCL	B	0.15%	1.31%	0.15%
ORLY	B	0.37%	0.68%	0.37%
PEP	F	0.34%	1.01%	0.34%
PFE	D	0.17%	0.2%	0.17%
PG	A	0.56%	1.23%	0.56%
REGN	F	0.76%	0.59%	0.59%
RSG	A	0.26%	1.55%	0.26%
RTX	C	0.61%	0.09%	0.09%
STX	D	0.44%	0.16%	0.16%
TJX	A	0.69%	0.45%	0.45%
TMUS	B	0.21%	1.95%	0.21%
TXN	C	0.82%	1.39%	0.82%
UBER	D	0.14%	0.45%	0.14%
UNH	C	2.33%	1.34%	1.34%
VRTX	F	0.62%	0.69%	0.62%
VZ	C	0.24%	1.35%	0.24%
WMT	A	1.11%	1.78%	1.11%
XEL	A	0.32%	0.46%	0.32%
XOM	B	1.99%	0.45%	0.45%

JAVA Overweight 113 Positions Relative to USMV

Symbol	Grade	Weight
WFC	A	2.96%
BAC	A	2.25%
PM	B	1.71%
CARR	D	1.7%
CSX	B	1.52%
WDC	D	1.24%
LOW	D	1.17%
SQ	B	1.16%
MU	D	1.1%
COP	C	1.05%
TFC	A	1.02%
PFGC	B	0.99%
SCHW	B	0.96%
MS	A	0.95%
HPE	B	0.93%
APD	A	0.92%
MET	A	0.87%
ETN	A	0.81%
C	A	0.78%
DLR	B	0.77%
CPAY	A	0.76%
DOV	A	0.75%
CAH	B	0.74%
DIS	B	0.71%
UPS	C	0.69%
AXP	A	0.68%
AXTA	A	0.68%
FITB	A	0.68%
NEE	D	0.67%
VMC	B	0.65%
EQIX	A	0.64%
MTB	A	0.59%
CCL	B	0.59%
BX	A	0.57%
PNC	B	0.56%
BLK	C	0.53%
PH	A	0.52%
PEG	A	0.52%
GS	A	0.51%
EMR	A	0.51%
FDX	B	0.51%
UNP	C	0.49%
BJ	A	0.47%
BSX	B	0.46%
NXPI	D	0.45%
LUV	C	0.44%
ARES	A	0.43%
TMO	F	0.43%
DE	A	0.42%
MHK	D	0.4%
COF	B	0.38%
EQT	B	0.38%
LH	C	0.37%
LYV	A	0.37%
META	D	0.36%
OC	A	0.36%
ROST	C	0.36%
FCX	D	0.35%
RRX	B	0.34%
BKNG	A	0.33%
DAL	C	0.32%
VTR	C	0.32%
GPK	C	0.32%
AMD	F	0.31%
FIS	C	0.3%
WCC	B	0.29%
CC	C	0.29%
TPR	B	0.28%
LW	C	0.28%
BIIB	F	0.28%
DFS	B	0.28%
MCHP	D	0.27%
NI	A	0.27%
G	B	0.27%
TT	A	0.27%
HES	B	0.25%
RJF	A	0.24%
ELS	C	0.24%
AES	F	0.24%
GEV	B	0.24%
IP	B	0.24%
ELAN	D	0.24%
SBAC	D	0.23%
GNTX	C	0.23%
UHS	D	0.23%
TXT	D	0.23%
Z	A	0.22%
AA	B	0.22%
KTB	B	0.21%
MIDD	C	0.21%
SLGN	A	0.21%
BA	F	0.21%
FMC	D	0.2%
HST	C	0.2%
OUT	A	0.19%
BALL	D	0.18%
ADM	D	0.18%
ETR	B	0.18%
LPLA	A	0.17%
GLOB	B	0.17%
NVT	B	0.17%
VNO	B	0.17%
AFRM	B	0.16%
JEF	A	0.16%
AVB	B	0.16%
INTC	D	0.15%
PLD	D	0.13%
PINS	D	0.13%
OSCR	D	0.11%
AAL	B	0.1%
MTG	C	0.1%
BC	C	0.1%
CHTR	C	0.07%

JAVA Underweight 110 Positions Relative to USMV

Symbol	Grade	Weight
MSI	B	-1.81%
PGR	A	-1.67%
WCN	A	-1.56%
DUK	C	-1.49%
CSCO	B	-1.47%
APH	A	-1.44%
WM	A	-1.44%
SO	D	-1.35%
ROP	B	-1.3%
ACN	C	-1.29%
AJG	B	-1.27%
AVGO	D	-1.19%
TRV	B	-1.15%
ED	D	-1.13%
GDDY	A	-1.0%
AAPL	C	-0.99%
GILD	C	-0.94%
V	A	-0.9%
EA	A	-0.89%
CBOE	B	-0.85%
LMT	D	-0.82%
K	A	-0.8%
WEC	A	-0.78%
NOW	A	-0.75%
T	A	-0.74%
TSN	B	-0.71%
MA	C	-0.7%
ACGL	D	-0.68%
COR	B	-0.67%
NVDA	C	-0.67%
GIS	D	-0.66%
VRSN	F	-0.64%
KR	B	-0.61%
AMGN	D	-0.59%
FICO	B	-0.59%
KDP	D	-0.59%
TDY	B	-0.57%
KEYS	A	-0.55%
FANG	D	-0.55%
FFIV	B	-0.55%
MPC	D	-0.54%
INCY	C	-0.53%
AON	A	-0.53%
PTC	A	-0.52%
ELV	F	-0.52%
YUM	B	-0.5%
NEM	D	-0.46%
JNPR	F	-0.45%
WDAY	B	-0.43%
EG	C	-0.43%
ERIE	D	-0.42%
VRSK	A	-0.42%
CL	D	-0.41%
CHD	B	-0.4%
BAH	F	-0.39%
AEP	D	-0.39%
AKAM	D	-0.39%
KHC	F	-0.38%
WTW	B	-0.38%
CTVA	C	-0.38%
ROL	B	-0.36%
IT	C	-0.35%
AFG	A	-0.35%
GEN	B	-0.35%
CDW	F	-0.35%
MKL	A	-0.34%
GRMN	B	-0.33%
CPB	D	-0.33%
AIZ	A	-0.32%
NBIX	C	-0.32%
WMB	A	-0.31%
WRB	A	-0.31%
FWONK	B	-0.31%
HSY	F	-0.3%
ANET	C	-0.29%
ICE	C	-0.28%
L	A	-0.28%
AEE	A	-0.24%
HUBS	A	-0.24%
AZPN	A	-0.23%
ALNY	D	-0.22%
NTAP	C	-0.22%
HRL	D	-0.21%
KMB	D	-0.21%
TW	A	-0.2%
DTE	C	-0.2%
PKG	A	-0.2%
DPZ	C	-0.19%
CRWD	B	-0.19%
CDNS	B	-0.18%
MELI	D	-0.18%
MOH	F	-0.18%
SNPS	B	-0.18%
HOLX	D	-0.16%
LIN	D	-0.16%
UTHR	C	-0.14%
OXY	D	-0.12%
DGX	A	-0.11%
KO	D	-0.1%
LNT	A	-0.1%
ADP	B	-0.09%
ABT	B	-0.09%
OTIS	C	-0.07%
TEL	B	-0.07%
ATO	A	-0.06%
PSX	C	-0.06%
KNX	B	-0.06%
VLO	C	-0.05%
BR	A	-0.05%
ULTA	F	-0.04%