JPME vs. QLV ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) to FlexShares US Quality Low Volatility Index Fund (QLV)

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$104.65

Average Daily Volume

16,322

Number of Holdings ^*

335

* may have additional holdings in another (foreign) market

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$66.20

Average Daily Volume

3,360

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	JPME	QLV
30 Days	1.63%	1.15%
60 Days	7.10%	5.13%
90 Days	10.80%	6.01%
12 Months	29.44%	31.17%

34 Overlapping Holdings

Symbol	Grade	Weight in JPME	Weight in QLV	Overlap
AEE	A	0.02%	0.55%	0.02%
ATR	A	0.01%	0.81%	0.01%
AVY	B	0.33%	0.71%	0.33%
BAH	A	0.15%	0.52%	0.15%
CAG	B	0.38%	0.16%	0.16%
CHE	B	0.35%	0.8%	0.35%
CMS	A	0.39%	0.55%	0.39%
CRUS	D	0.33%	0.32%	0.32%
CTRA	D	0.31%	0.49%	0.31%
CTVA	B	0.31%	0.59%	0.31%
DOX	B	0.31%	0.78%	0.31%
DTM	A	0.39%	0.52%	0.39%
ED	A	0.38%	0.84%	0.38%
EXPD	B	0.24%	0.03%	0.03%
FLO	C	0.28%	0.5%	0.28%
GIS	B	0.38%	0.83%	0.38%
HRL	F	0.28%	0.42%	0.28%
HSY	D	0.23%	0.5%	0.23%
K	B	0.38%	0.77%	0.38%
L	D	0.25%	0.1%	0.1%
LSTR	D	0.31%	0.74%	0.31%
NBIX	F	0.24%	0.41%	0.24%
NFG	A	0.37%	0.36%	0.36%
PKG	A	0.38%	0.56%	0.38%
PNW	A	0.38%	0.51%	0.38%
QGEN	D	0.27%	0.72%	0.27%
RGLD	C	0.3%	0.81%	0.3%
SCI	C	0.14%	0.5%	0.14%
SLGN	A	0.1%	0.32%	0.1%
SON	D	0.15%	0.53%	0.15%
TSCO	A	0.35%	0.52%	0.35%
TYL	C	0.37%	0.77%	0.37%
WEC	A	0.39%	0.82%	0.39%
XEL	A	0.39%	0.58%	0.39%

JPME Overweight 301 Positions Relative to QLV

Symbol	Grade	Weight
VST	A	0.61%
APP	B	0.58%
CIEN	B	0.46%
NRG	A	0.45%
MPWR	C	0.44%
EMN	B	0.44%
ALSN	A	0.43%
TOL	A	0.43%
HUBB	A	0.43%
PHM	A	0.42%
PEG	A	0.42%
CSL	A	0.42%
PWR	B	0.42%
CMI	B	0.42%
THC	C	0.41%
DVA	B	0.41%
IRM	B	0.41%
AMP	A	0.41%
CACI	A	0.41%
CF	A	0.41%
ETR	A	0.41%
KR	B	0.41%
UNM	A	0.41%
CBRE	A	0.41%
LAMR	C	0.41%
JEF	B	0.41%
UTHR	B	0.4%
UGI	C	0.4%
TKR	B	0.4%
IP	B	0.4%
LEN	B	0.4%
LDOS	A	0.4%
SYF	C	0.4%
EHC	B	0.4%
AM	A	0.4%
USFD	C	0.4%
ATO	A	0.4%
ORI	A	0.39%
DGX	C	0.39%
STLD	C	0.39%
JNPR	C	0.39%
OMF	D	0.39%
INGR	A	0.39%
OHI	C	0.39%
AFL	A	0.39%
MTG	B	0.39%
TAP	D	0.39%
RGA	C	0.39%
HIG	A	0.39%
SPG	A	0.39%
WMB	A	0.39%
DHI	B	0.39%
PPL	A	0.39%
CUBE	C	0.39%
OGE	A	0.39%
CLH	C	0.39%
JLL	B	0.39%
KMI	A	0.39%
NVR	A	0.39%
DTE	A	0.39%
LNT	A	0.39%
NI	A	0.39%
EVRG	B	0.39%
ROKU	D	0.38%
WLK	B	0.38%
MRO	D	0.38%
DINO	F	0.38%
BG	D	0.38%
OKE	C	0.38%
LNG	D	0.38%
MANH	C	0.38%
FE	A	0.38%
TXRH	B	0.38%
CASY	D	0.38%
POST	B	0.38%
TRGP	C	0.38%
ESI	B	0.38%
EIX	A	0.38%
UHS	D	0.38%
FYBR	C	0.38%
DKS	D	0.38%
GWW	A	0.38%
BRX	B	0.38%
AVB	C	0.38%
CNM	F	0.38%
CBOE	B	0.37%
FAST	C	0.37%
EPR	C	0.37%
GRMN	D	0.37%
PCG	B	0.37%
WSM	C	0.37%
CE	D	0.37%
BLDR	B	0.37%
PPC	A	0.37%
FCNCA	D	0.37%
OC	B	0.37%
COKE	B	0.37%
RMD	C	0.37%
SPB	B	0.37%
PFGC	B	0.37%
RPM	C	0.37%
LYB	D	0.37%
GLPI	B	0.37%
AN	B	0.36%
NTAP	D	0.36%
TPR	B	0.36%
SSNC	C	0.36%
VICI	C	0.36%
AJG	D	0.36%
REG	B	0.36%
AOS	B	0.36%
SNA	B	0.36%
HRB	C	0.36%
PR	F	0.36%
FANG	F	0.36%
NXST	D	0.36%
CPB	D	0.36%
CAH	B	0.36%
IT	C	0.36%
WY	B	0.35%
DECK	C	0.35%
GGG	B	0.35%
STE	D	0.35%
AME	D	0.35%
CLX	B	0.35%
VVV	D	0.35%
VTRS	D	0.35%
PAG	D	0.35%
TER	D	0.35%
RS	D	0.35%
ROST	C	0.34%
CDW	D	0.34%
MAS	A	0.34%
OLN	D	0.34%
EG	B	0.34%
MSM	D	0.34%
HST	D	0.34%
PK	D	0.34%
KIM	C	0.34%
IFF	C	0.34%
ADM	D	0.34%
HOLX	D	0.34%
HBAN	C	0.34%
TSN	D	0.34%
KVUE	C	0.33%
IQV	F	0.33%
X	F	0.33%
ANSS	D	0.33%
HPE	C	0.33%
CHD	B	0.33%
CHTR	D	0.33%
A	B	0.33%
MOH	D	0.33%
EME	C	0.33%
BBY	B	0.33%
CROX	C	0.32%
CNC	F	0.32%
MKC	B	0.32%
CLF	D	0.32%
EXEL	C	0.32%
SJM	B	0.32%
NUE	D	0.32%
HSIC	C	0.32%
ESS	C	0.31%
LITE	C	0.31%
JBL	D	0.31%
BRBR	B	0.31%
GNTX	F	0.31%
STAG	D	0.31%
SAIC	B	0.31%
HIW	C	0.31%
BPOP	D	0.31%
NEU	F	0.31%
ACI	F	0.3%
EXC	A	0.3%
HPQ	C	0.3%
MOS	F	0.3%
RBC	B	0.3%
SWKS	F	0.29%
CHK	C	0.29%
SYY	B	0.29%
SMG	B	0.29%
TPL	B	0.29%
HUN	B	0.29%
AR	C	0.29%
KRC	C	0.29%
SNX	C	0.29%
EQR	C	0.29%
ASH	F	0.29%
ACHC	F	0.28%
OMC	A	0.28%
MEDP	F	0.28%
LECO	F	0.28%
LPX	A	0.27%
BRKR	D	0.27%
CWEN	A	0.27%
DVN	F	0.27%
ON	F	0.27%
RRC	D	0.27%
AMH	D	0.27%
NNN	A	0.26%
FR	C	0.26%
MTB	C	0.26%
VEEV	C	0.26%
MCHP	F	0.26%
EGP	D	0.26%
DRI	C	0.26%
SRCL	B	0.26%
WST	D	0.26%
STWD	C	0.25%
BYD	C	0.25%
HAL	F	0.25%
PAYX	A	0.25%
SAM	D	0.25%
FRPT	C	0.25%
MAA	C	0.25%
WPC	C	0.25%
FMC	B	0.25%
IRDM	C	0.25%
JAZZ	F	0.24%
MGM	D	0.24%
R	C	0.24%
INCY	B	0.23%
RPRX	B	0.23%
OVV	F	0.23%
IDA	B	0.22%
REXR	D	0.22%
DLB	D	0.22%
CPT	C	0.21%
AGO	D	0.21%
EXP	C	0.2%
QRVO	F	0.2%
PRI	A	0.2%
REYN	C	0.2%
FRT	B	0.19%
KEYS	C	0.18%
NVT	D	0.18%
FNF	A	0.18%
AFG	B	0.18%
ITT	B	0.17%
GLW	C	0.17%
FITB	C	0.17%
RYN	C	0.16%
BRO	A	0.16%
UI	A	0.16%
ELAN	D	0.16%
SLM	C	0.16%
CUZ	C	0.15%
BWA	C	0.15%
RF	C	0.15%
APA	F	0.15%
BKR	B	0.15%
XRAY	D	0.14%
THO	C	0.14%
TXT	D	0.14%
AXS	A	0.14%
AKAM	D	0.14%
M	F	0.14%
AVT	B	0.14%
WEN	C	0.13%
POOL	B	0.13%
ACGL	A	0.12%
WTM	D	0.12%
PINC	F	0.12%
TFX	B	0.11%
ALLY	F	0.11%
DFS	C	0.11%
CXT	F	0.1%
NSA	C	0.1%
CFG	D	0.09%
CNXC	F	0.08%
GEHC	B	0.08%
LBRDK	C	0.08%
KEY	C	0.08%
AYI	A	0.07%
ZION	D	0.07%
PB	D	0.06%
TNL	B	0.06%
GO	F	0.06%
FNB	D	0.06%
NDSN	B	0.06%
CMA	C	0.06%
TECH	B	0.06%
RHI	D	0.06%
CRI	D	0.05%
PFG	C	0.05%
CR	C	0.05%
BIIB	F	0.05%
HXL	F	0.05%
WU	D	0.04%
VIRT	C	0.04%
IEX	D	0.04%
NVST	D	0.04%
PAYC	D	0.03%
IPG	C	0.03%
FTRE	F	0.03%
ADTN	C	0.02%
HOG	C	0.02%
KSS	D	0.01%
CC	D	0.0%
CNA	D	0.0%

JPME Underweight 80 Positions Relative to QLV

Symbol	Grade	Weight
MSFT	C	-8.0%
AAPL	C	-5.16%
NVDA	C	-4.72%
PG	C	-3.31%
LLY	D	-2.8%
MRK	F	-2.65%
AMZN	C	-2.28%
MCD	A	-2.02%
V	C	-2.0%
IBM	C	-1.9%
JNJ	C	-1.8%
VZ	A	-1.74%
PEP	D	-1.58%
T	A	-1.43%
META	A	-1.26%
LMT	A	-1.15%
ABBV	A	-1.1%
XOM	B	-1.08%
GILD	A	-1.01%
TMUS	A	-0.98%
ABT	C	-0.91%
DUK	B	-0.91%
CME	A	-0.9%
PSA	C	-0.9%
TXN	C	-0.89%
ADP	A	-0.85%
GOOGL	C	-0.82%
WTW	A	-0.81%
CHKP	C	-0.8%
AMGN	D	-0.79%
AIZ	A	-0.78%
QLYS	F	-0.76%
WDFC	C	-0.74%
CB	A	-0.73%
STNG	D	-0.72%
SMMT	D	-0.72%
SO	A	-0.7%
REGN	D	-0.63%
GD	A	-0.63%
WM	D	-0.63%
NOC	B	-0.63%
EQIX	B	-0.61%
TRV	C	-0.61%
DLR	C	-0.6%
ALL	C	-0.6%
ZM	B	-0.59%
BRK.A	C	-0.58%
AZO	D	-0.58%
GOOG	C	-0.57%
RSG	D	-0.56%
AEP	B	-0.56%
WCN	D	-0.56%
JKHY	A	-0.54%
CINF	A	-0.54%
TTEK	B	-0.53%
SIGI	D	-0.51%
WRB	B	-0.51%
ADC	B	-0.51%
MKL	B	-0.5%
CALM	A	-0.5%
HII	D	-0.49%
CHRW	A	-0.48%
AVGO	C	-0.42%
BMRN	F	-0.39%
VRSK	D	-0.37%
DDS	D	-0.28%
BMI	A	-0.27%
MCK	F	-0.27%
SQSP	A	-0.24%
LIN	B	-0.2%
PM	B	-0.2%
EA	D	-0.2%
JPM	D	-0.19%
ALKS	C	-0.18%
ADI	C	-0.17%
ROP	C	-0.13%
NCNO	D	-0.1%
CWAN	C	-0.08%
UNH	B	-0.07%
MMC	D	-0.05%