JIVE vs. FIVA ETF Comparison

Comparison of JPMorgan International Value ETF (JIVE) to Fidelity International Value Factor ETF (FIVA)

JIVE

JPMorgan International Value ETF

JIVE Description

JIVE taps into various global markets by investing in undervalued stocks and equity-related securities outside the US. This includes common stock, preferred stock, ETFs, depositary receipts, and REITs. The fund uses fundamental analysis, and behavior-based and quantitative screens to find promising investments. In addition, the advisers analysis relies on their proprietary research, information from companies, data from external vendors, and in-house fundamental research. The belief behind the strategy is that market inefficiencies created by investor behavior can lead to valuation opportunities. The fund may also use derivatives for security substitutes and to manage currency risks and cash flows. Additionally, it considers ESG factors in its assessments but may not prioritize them when opportunities align with its main goal. Stocks are sold in the event of declining fundamentals, if adverse political or economic shifts, or when better investment options arise.

Grade (RS Rating)

Last Trade

$56.87

Average Daily Volume

5,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIVA

Fidelity International Value Factor ETF

FIVA Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity ® International Value Factor Index. The fund normally invests at least 80% of assets in securities included in the Fidelity ® International Value Factor Index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$24.91

Average Daily Volume

27,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JIVE	FIVA
30 Days	-1.99%	-2.15%
60 Days	-3.53%	-4.80%
90 Days	-3.01%	-5.27%
12 Months	17.71%	10.72%

5 Overlapping Holdings

Symbol	Grade	Weight in JIVE	Weight in FIVA	Overlap
BCS	C	0.57%	0.83%	0.57%
HSBH	B	1.43%	1.41%	1.41%
NVS	D	1.82%	1.25%	1.25%
SONY	B	0.21%	1.47%	0.21%
TD	F	0.9%	1.11%	0.9%

JIVE Overweight 16 Positions Relative to FIVA

Symbol	Grade	Weight
BABA	D	1.47%
MUFG	B	1.06%
SMFG	B	0.75%
MFG	B	0.56%
LYG	F	0.54%
HMC	F	0.4%
VALE	F	0.38%
KB	B	0.34%
UMC	F	0.3%
AER	B	0.28%
SKM	D	0.26%
VIPS	F	0.17%
KT	A	0.17%
GGB	C	0.16%
FRO	F	0.12%
PDS	C	0.12%

JIVE Underweight 3 Positions Relative to FIVA

Symbol	Grade	Weight
ABBV	D	-1.05%
CNI	D	-0.93%
STLA	F	-0.73%