JIVE vs. GEM ETF Comparison

Comparison of JPMorgan International Value ETF (JIVE) to Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

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

$56.88

Average Daily Volume

5,636

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$33.14

Average Daily Volume

67,722

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JIVE	GEM
30 Days	-2.51%	-4.28%
60 Days	-3.01%	-0.55%
90 Days	-2.72%	-1.04%
12 Months	18.07%	12.25%

8 Overlapping Holdings

Symbol	Grade	Weight in JIVE	Weight in GEM	Overlap
BABA	D	1.47%	1.93%	1.47%
GGB	C	0.16%	0.09%	0.09%
KB	B	0.34%	0.27%	0.27%
KT	A	0.17%	0.09%	0.09%
SKM	C	0.26%	0.22%	0.22%
UMC	F	0.3%	0.18%	0.18%
VALE	F	0.38%	0.41%	0.38%
VIPS	F	0.17%	0.2%	0.17%

JIVE Overweight 13 Positions Relative to GEM

Symbol	Grade	Weight
NVS	F	1.82%
HSBH	B	1.43%
MUFG	B	1.06%
TD	D	0.9%
SMFG	B	0.75%
BCS	A	0.57%
MFG	A	0.56%
LYG	D	0.54%
HMC	F	0.4%
AER	A	0.28%
SONY	B	0.21%
FRO	D	0.12%
PDS	C	0.12%

JIVE Underweight 32 Positions Relative to GEM

Symbol	Grade	Weight
IBN	C	-0.8%
PDD	F	-0.75%
HDB	C	-0.46%
YUMC	C	-0.24%
WIT	B	-0.21%
QFIN	A	-0.2%
SHG	C	-0.2%
TCOM	B	-0.18%
BIDU	F	-0.15%
NU	C	-0.14%
BGNE	D	-0.11%
TME	D	-0.1%
BCH	C	-0.09%
SCCO	F	-0.09%
BAP	A	-0.08%
ATHM	C	-0.07%
ABEV	F	-0.07%
LI	F	-0.06%
TAL	F	-0.06%
CHT	C	-0.06%
BEKE	D	-0.05%
ERJ	A	-0.05%
XP	F	-0.05%
LPL	D	-0.04%
BRFS	C	-0.04%
KEP	B	-0.04%
ASAI	F	-0.04%
CSAN	F	-0.04%
IQ	F	-0.03%
BVN	D	-0.03%
PAGS	F	-0.03%
BZ	F	-0.03%