JEPI vs. FVAL ETF Comparison

Comparison of JPMorgan Equity Premium Income ETF (JEPI) to Fidelity Value Factor ETF (FVAL)

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$59.19

Average Daily Volume

2,983,685

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$60.19

Average Daily Volume

59,916

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JEPI	FVAL
30 Days	1.97%	1.37%
60 Days	6.42%	6.20%
90 Days	6.86%	4.33%
12 Months	16.00%	30.06%

41 Overlapping Holdings

Symbol	Grade	Weight in JEPI	Weight in FVAL	Overlap
AAPL	C	0.67%	6.97%	0.67%
ABBV	A	1.5%	1.35%	1.35%
ACN	B	0.94%	1.17%	0.94%
AMZN	C	1.55%	3.71%	1.55%
AXP	A	0.52%	0.81%	0.52%
BKNG	C	0.65%	0.77%	0.65%
BMY	B	0.79%	0.91%	0.79%
BRK.A	C	0.69%	2.08%	0.69%
CMCSA	B	1.26%	0.61%	0.61%
COP	D	0.81%	0.39%	0.39%
CRM	B	0.81%	1.28%	0.81%
CTSH	B	0.84%	0.78%	0.78%
DE	A	0.64%	0.64%	0.64%
DOW	B	0.4%	0.21%	0.21%
ELV	F	0.44%	0.9%	0.44%
EOG	B	0.8%	0.29%	0.29%
FDX	D	0.34%	0.45%	0.34%
GOOGL	B	1.29%	3.64%	1.29%
HON	C	1.3%	0.64%	0.64%
JNJ	D	0.25%	1.42%	0.25%
KVUE	C	0.22%	0.52%	0.22%
LIN	B	1.09%	0.58%	0.58%
LYB	D	0.25%	0.18%	0.18%
MCD	A	0.4%	0.9%	0.4%
META	A	1.69%	2.69%	1.69%
MO	D	0.15%	0.52%	0.15%
MRK	F	0.59%	1.23%	0.59%
MSFT	D	1.48%	6.76%	1.48%
MU	D	0.34%	0.97%	0.34%
NEE	A	1.07%	0.53%	0.53%
NVDA	C	1.46%	6.45%	1.46%
PCG	B	0.39%	0.28%	0.28%
PG	C	1.29%	1.14%	1.14%
PLD	D	0.58%	0.36%	0.36%
TRV	C	1.13%	0.63%	0.63%
UNH	B	1.3%	1.71%	1.3%
UNP	D	0.22%	0.66%	0.22%
UPS	D	0.86%	0.57%	0.57%
V	C	1.31%	1.31%	1.31%
WMT	A	0.63%	1.04%	0.63%
XOM	A	1.01%	1.14%	1.01%

JEPI Overweight 75 Positions Relative to FVAL

Symbol	Grade	Weight
TT	A	1.74%
PGR	C	1.67%
SO	A	1.55%
MA	A	1.51%
LOW	A	1.45%
NOW	C	1.45%
INTU	F	1.35%
NXPI	F	1.34%
MDLZ	C	1.33%
TMO	C	1.3%
ADI	C	1.29%
PEP	D	1.27%
KO	C	1.26%
REGN	D	1.24%
SYK	C	1.23%
YUM	A	1.22%
VRTX	D	1.2%
TXN	C	1.18%
COST	C	1.1%
ETN	C	1.09%
CME	A	1.07%
PEG	A	1.0%
LLY	D	1.0%
ROST	C	0.98%
OTIS	A	0.97%
MNST	D	0.95%
CMG	C	0.89%
EQIX	B	0.89%
AZO	D	0.88%
CSX	D	0.8%
SBAC	B	0.77%
CPAY	A	0.69%
EMR	B	0.63%
CHD	C	0.63%
CMS	A	0.61%
ABT	B	0.61%
RTX	A	0.58%
AMP	A	0.51%
BSX	A	0.47%
MDT	B	0.47%
ASML	F	0.45%
TXT	F	0.44%
DHR	C	0.43%
CDNS	D	0.42%
STX	B	0.41%
CARR	A	0.39%
CB	A	0.38%
JKHY	A	0.38%
URI	C	0.37%
IR	A	0.35%
USB	C	0.34%
MET	A	0.32%
AMT	C	0.3%
MSI	A	0.29%
LDOS	A	0.28%
PM	C	0.28%
PPG	D	0.27%
MRVL	C	0.25%
TJX	C	0.24%
BURL	D	0.24%
KEYS	B	0.22%
DOV	C	0.2%
HWM	A	0.2%
GWW	A	0.2%
D	A	0.18%
AON	A	0.16%
TDG	A	0.16%
WELL	C	0.16%
AME	D	0.15%
NOC	B	0.14%
ETR	A	0.12%
DTE	A	0.11%
AJG	D	0.09%
SNPS	F	0.08%
ELS	D	0.03%

JEPI Underweight 83 Positions Relative to FVAL

Symbol	Grade	Weight
JPM	D	-1.63%
HD	A	-1.23%
IBM	B	-1.21%
QCOM	D	-1.09%
BAC	D	-0.98%
GILD	A	-0.94%
CI	D	-0.9%
ZM	C	-0.87%
WFC	D	-0.84%
CVS	D	-0.84%
CAT	A	-0.8%
HPE	B	-0.79%
INTC	D	-0.77%
CNC	F	-0.73%
C	B	-0.69%
RPRX	B	-0.69%
SWKS	F	-0.68%
VZ	A	-0.67%
LMT	A	-0.63%
T	A	-0.62%
CVX	B	-0.62%
LVS	B	-0.61%
COF	C	-0.6%
ADP	A	-0.6%
RNR	A	-0.58%
GM	D	-0.56%
EXPE	B	-0.56%
UAL	B	-0.55%
MMM	C	-0.55%
WYNN	B	-0.55%
EBAY	A	-0.55%
PRU	C	-0.55%
DFS	C	-0.55%
EG	B	-0.54%
DAL	C	-0.53%
JXN	A	-0.52%
SYF	B	-0.52%
F	D	-0.51%
TGT	C	-0.5%
PCAR	D	-0.48%
CMI	B	-0.48%
KMB	B	-0.45%
OZK	F	-0.45%
G	A	-0.44%
KR	C	-0.43%
AGCO	D	-0.41%
RHI	D	-0.41%
M	F	-0.4%
ADM	D	-0.4%
OC	C	-0.38%
BG	F	-0.36%
DUK	A	-0.36%
ACI	F	-0.34%
FCX	B	-0.3%
AEP	C	-0.29%
PARA	F	-0.29%
PSA	C	-0.28%
NRG	A	-0.27%
EXC	A	-0.27%
O	A	-0.26%
MPC	F	-0.26%
SPG	A	-0.26%
NEM	C	-0.26%
ATKR	F	-0.25%
CBRE	A	-0.23%
VICI	C	-0.22%
VLO	F	-0.22%
NUE	D	-0.2%
NFG	A	-0.2%
BXP	C	-0.19%
ARE	D	-0.19%
UGI	C	-0.19%
JLL	B	-0.18%
HST	D	-0.18%
CF	A	-0.18%
WPC	C	-0.18%
DVN	F	-0.18%
STLD	B	-0.17%
GLPI	A	-0.17%
MOS	D	-0.14%
MUR	F	-0.14%
CLF	D	-0.13%
CIVI	F	-0.13%