JEPQ vs. FQAL ETF Comparison

Comparison of J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) to Fidelity Quality Factor ETF (FQAL)

JEPQ

J.P. Morgan Nasdaq Equity Premium Income ETF

JEPQ Description

J.P. Morgan Nasdaq Equity Premium Income ETF its a fund to list on the Nasdaq, is an active equity ETF that seeks to deliver an attractive distributable yield while also delivering a significant portion of the returns associated with the fund’s primary benchmark, the Nasdaq-100 Index, with less volatility. This Fund was built for investors that are seeking income while also owning companies that provide exposure to Nasdaq's innovative marketplace. This strategy benefits from the intentionality of an active manager while being delivered through the ETF technology.

Grade (RS Rating)

Last Trade

$54.42

Average Daily Volume

3,074,148

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$64.50

Average Daily Volume

46,112

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JEPQ	FQAL
30 Days	2.07%	1.99%
60 Days	1.47%	4.59%
90 Days	-0.46%	4.90%
12 Months	23.99%	28.74%

32 Overlapping Holdings

Symbol	Grade	Weight in JEPQ	Weight in FQAL	Overlap
AAPL	C	7.47%	6.81%	6.81%
ABBV	C	0.53%	1.39%	0.53%
ABNB	D	0.11%	0.69%	0.11%
ADBE	F	1.28%	1.17%	1.17%
AMAT	D	0.53%	0.87%	0.53%
AVGO	C	3.65%	2.07%	2.07%
BKNG	C	1.04%	0.98%	0.98%
BMY	C	0.25%	0.91%	0.25%
COST	B	1.69%	1.06%	1.06%
CPAY	B	0.21%	0.72%	0.21%
CPRT	D	0.51%	0.44%	0.44%
CSX	D	0.6%	0.49%	0.49%
KO	C	0.51%	0.79%	0.51%
LIN	B	1.01%	0.57%	0.57%
LOW	B	0.41%	0.99%	0.41%
LRCX	F	0.78%	0.75%	0.75%
MA	B	0.32%	1.45%	0.32%
MDLZ	B	0.76%	0.46%	0.46%
META	B	4.2%	2.47%	2.47%
MNST	D	0.38%	0.31%	0.31%
MSFT	C	7.0%	6.74%	6.74%
NEE	C	0.39%	0.53%	0.39%
NFLX	B	1.83%	0.84%	0.84%
NVDA	D	6.66%	6.31%	6.31%
ORLY	C	0.61%	0.8%	0.61%
PANW	D	0.9%	0.89%	0.89%
PLD	C	0.24%	0.36%	0.24%
QCOM	D	0.95%	0.98%	0.95%
SO	B	0.35%	0.38%	0.35%
TTD	B	0.14%	0.38%	0.14%
VRSK	D	0.41%	0.46%	0.41%
VRTX	D	0.91%	0.92%	0.91%

JEPQ Overweight 55 Positions Relative to FQAL

Symbol	Grade	Weight
AMZN	C	4.45%
GOOG	D	3.7%
TSLA	C	2.21%
AMD	D	1.53%
INTU	C	1.34%
ISRG	B	1.23%
REGN	C	1.09%
TMUS	C	1.04%
CMCSA	D	0.99%
ADI	C	0.97%
CSCO	C	0.9%
TXN	C	0.87%
PEP	C	0.87%
SNPS	D	0.76%
MELI	B	0.7%
HON	D	0.67%
NXPI	F	0.65%
MU	F	0.65%
ASML	F	0.61%
MRVL	C	0.52%
MAR	C	0.5%
AMGN	B	0.48%
SBUX	C	0.41%
NOW	B	0.39%
ORCL	C	0.38%
ETN	C	0.38%
CMG	C	0.38%
CRWD	D	0.37%
XEL	B	0.34%
UNH	C	0.34%
STZ	D	0.33%
TTWO	C	0.33%
STX	C	0.32%
KHC	C	0.31%
TMO	B	0.29%
FANG	D	0.29%
BIIB	F	0.27%
WDAY	D	0.27%
INTC	F	0.27%
DXCM	F	0.26%
UBER	C	0.26%
DE	B	0.26%
CHTR	D	0.25%
HUBS	D	0.24%
ROST	C	0.24%
PYPL	B	0.23%
TER	D	0.21%
DASH	C	0.19%
MDB	D	0.18%
UPS	D	0.16%
CTSH	C	0.13%
DLTR	F	0.11%
ANSS	D	0.09%
LULU	D	0.09%
SMCI	F	0.07%

JEPQ Underweight 92 Positions Relative to FQAL

Symbol	Grade	Weight
GOOGL	D	-3.44%
LLY	C	-2.24%
V	C	-1.54%
JNJ	C	-1.5%
HD	B	-1.43%
MCD	B	-1.15%
XOM	C	-1.12%
ACN	C	-1.08%
PG	C	-1.04%
PGR	B	-1.02%
SPGI	B	-0.99%
GILD	B	-0.98%
ZTS	C	-0.92%
VEEV	C	-0.9%
BX	B	-0.88%
CME	C	-0.85%
IDXX	C	-0.83%
FICO	B	-0.82%
ACGL	C	-0.8%
MCO	B	-0.8%
GRMN	D	-0.79%
KLAC	D	-0.79%
AZO	D	-0.78%
YUM	D	-0.75%
AMP	A	-0.74%
MSCI	C	-0.73%
MTD	D	-0.71%
CAT	B	-0.7%
WSM	D	-0.68%
DPZ	F	-0.68%
KNSL	C	-0.67%
UNP	C	-0.67%
MEDP	F	-0.66%
JXN	A	-0.63%
CBSH	C	-0.63%
PM	C	-0.63%
EWBC	D	-0.62%
VZ	B	-0.62%
ADP	B	-0.62%
LMT	C	-0.62%
CFR	C	-0.61%
CVX	D	-0.61%
T	C	-0.57%
QLYS	F	-0.56%
CTAS	B	-0.54%
TDG	B	-0.54%
MMM	B	-0.53%
ITW	C	-0.51%
PAYX	C	-0.48%
GWW	B	-0.48%
FAST	C	-0.47%
AME	C	-0.47%
OTIS	C	-0.44%
CL	D	-0.43%
MO	C	-0.43%
ODFL	D	-0.42%
COP	D	-0.39%
AMT	C	-0.34%
KMB	D	-0.34%
CEG	C	-0.32%
SHW	B	-0.31%
HSY	C	-0.3%
EOG	D	-0.29%
WMB	B	-0.28%
PSA	B	-0.26%
ECL	B	-0.26%
WEC	C	-0.26%
VST	C	-0.25%
O	C	-0.24%
NRG	C	-0.24%
FCX	D	-0.24%
LNG	C	-0.24%
SPG	B	-0.23%
EXR	B	-0.21%
AVB	B	-0.2%
VICI	C	-0.2%
NFG	B	-0.2%
EQR	B	-0.19%
UGI	C	-0.19%
TPL	B	-0.19%
MLM	D	-0.18%
SBAC	C	-0.18%
NUE	F	-0.18%
AM	C	-0.18%
AVY	C	-0.17%
ESS	B	-0.17%
GLPI	C	-0.16%
WHD	C	-0.16%
CF	C	-0.16%
EXP	B	-0.15%
RS	D	-0.15%
RGLD	C	-0.15%