JIVE vs. VGK ETF Comparison

Comparison of JPMorgan International Value ETF (JIVE) to Vanguard FTSE European ETF (VGK)

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

VGK

Vanguard FTSE European ETF

VGK Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of Europe. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe Index. The FTSE Developed Europe Index is made up of approximately 497 common stocks of companies located in 17 European countries-mostly companies in the United Kingdom, France, Switzerland, and Germany (which made up approximately 34%, 15%, 14%, and 13%, respectively, of the index's market capitalization as of May 31, 2013).

Grade (RS Rating)

Last Trade

$64.81

Average Daily Volume

1,646,939

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JIVE	VGK
30 Days	-1.99%	-4.86%
60 Days	-3.53%	-7.45%
90 Days	-3.01%	-8.20%
12 Months	17.71%	9.48%

5 Overlapping Holdings

Symbol	Grade	Weight in JIVE	Weight in VGK	Overlap
BCS	C	0.57%	0.37%	0.37%
FRO	F	0.12%	0.02%	0.02%
HSBH	B	1.43%	1.38%	1.38%
LYG	F	0.54%	0.35%	0.35%
NVS	D	1.82%	1.8%	1.8%

JIVE Overweight 16 Positions Relative to VGK

Symbol	Grade	Weight
BABA	D	1.47%
MUFG	B	1.06%
TD	F	0.9%
SMFG	B	0.75%
MFG	B	0.56%
HMC	F	0.4%
VALE	F	0.38%
KB	B	0.34%
UMC	F	0.3%
AER	B	0.28%
SKM	D	0.26%
SONY	B	0.21%
VIPS	F	0.17%
KT	A	0.17%
GGB	C	0.16%
PDS	C	0.12%

JIVE Underweight 13 Positions Relative to VGK

Symbol	Grade	Weight
UL	D	-1.22%
ABBV	D	-0.71%
DEO	F	-0.56%
FLUT	A	-0.34%
E	F	-0.28%
STLA	F	-0.22%
SW	A	-0.22%
LOGI	D	-0.1%
QGEN	D	-0.08%
FLNG	B	-0.01%
TRMD	F	-0.01%
GOGL	F	-0.01%
GEN	B	-0.0%