JPME vs. QQQ ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) to PowerShares QQQ Trust, Series 1 (QQQ)

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

$109.93

Average Daily Volume

10,028

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

QQQ

PowerShares QQQ Trust, Series 1

QQQ Description

PowerShares Capital Management LLC is passionate about our goal of delivering the highest quality investment management available through one of the more benefit-rich investment vehicles ever created, the exchange-traded fund. PowerShares QQQ, formerly known as "QQQ" or the "NASDAQ-100 Index Tracking Stock", is an exchange-traded fund based on the Nasdaq-100 Index. The Fund will, under most circumstances, consists of all of stocks in the Index. The Index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.

Grade (RS Rating)

Last Trade

$505.79

Average Daily Volume

28,967,615

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	JPME	QQQ
30 Days	5.14%	3.57%
60 Days	5.14%	4.71%
90 Days	7.46%	5.52%
12 Months	30.14%	30.56%

14 Overlapping Holdings

Symbol	Grade	Weight in JPME	Weight in QQQ	Overlap
ANSS	B	0.34%	0.19%	0.19%
BIIB	F	0.04%	0.15%	0.04%
BKR	B	0.18%	0.27%	0.18%
CDW	F	0.26%	0.15%	0.15%
CHTR	C	0.39%	0.36%	0.36%
EXC	C	0.28%	0.24%	0.24%
FANG	D	0.38%	0.34%	0.34%
FAST	B	0.41%	0.3%	0.3%
GEHC	F	0.07%	0.24%	0.07%
MCHP	D	0.21%	0.22%	0.21%
ON	D	0.24%	0.18%	0.18%
PAYX	C	0.27%	0.33%	0.27%
ROST	C	0.31%	0.3%	0.3%
XEL	A	0.41%	0.24%	0.24%

JPME Overweight 324 Positions Relative to QQQ

Symbol	Grade	Weight
APP	B	1.27%
VST	B	0.71%
CIEN	B	0.51%
ALSN	B	0.51%
SYF	B	0.51%
DTM	B	0.5%
UNM	A	0.5%
TRGP	B	0.49%
JEF	A	0.49%
KMI	A	0.48%
AMP	A	0.48%
CMI	A	0.47%
WMB	A	0.47%
PWR	A	0.46%
OMF	A	0.45%
OKE	A	0.45%
NRG	B	0.45%
IP	B	0.45%
ETR	B	0.45%
CBRE	B	0.44%
LNG	B	0.44%
TPL	A	0.44%
SNA	A	0.44%
GRMN	B	0.44%
TPR	B	0.43%
FCNCA	A	0.43%
TXRH	C	0.43%
GWW	B	0.43%
EXEL	B	0.43%
HUBB	B	0.43%
USFD	A	0.43%
INGR	B	0.42%
EHC	B	0.42%
ATO	A	0.42%
TOL	B	0.42%
STLD	B	0.42%
PPC	C	0.42%
UTHR	C	0.42%
CSL	C	0.42%
KR	B	0.42%
TAP	C	0.42%
CF	B	0.41%
RGA	A	0.41%
MRO	B	0.41%
CLH	B	0.41%
RPM	A	0.41%
HBAN	A	0.41%
CASY	A	0.41%
NI	A	0.41%
SPG	B	0.41%
PEG	A	0.41%
OC	A	0.41%
LDOS	C	0.41%
PKG	A	0.41%
EVRG	A	0.4%
CACI	D	0.4%
OGE	B	0.4%
CAH	B	0.4%
BRX	A	0.4%
AM	A	0.4%
THC	D	0.4%
LITE	B	0.4%
PR	B	0.4%
ORI	A	0.4%
PFGC	B	0.4%
PCG	A	0.39%
DGX	A	0.39%
WEC	A	0.39%
AME	A	0.39%
TYL	B	0.39%
IRM	D	0.39%
PNW	B	0.39%
COR	B	0.39%
EMN	D	0.39%
PPL	B	0.39%
LAMR	D	0.39%
ESI	A	0.39%
JNPR	F	0.38%
OHI	C	0.38%
VTRS	A	0.38%
IT	C	0.38%
AFL	B	0.38%
DECK	A	0.38%
K	A	0.38%
DVA	B	0.38%
LNT	A	0.38%
EME	C	0.38%
JLL	D	0.38%
HIG	B	0.38%
AVB	B	0.38%
UGI	A	0.37%
DTE	C	0.37%
REG	B	0.37%
NVR	D	0.37%
SPB	C	0.37%
FYBR	D	0.37%
MTG	C	0.37%
ROKU	D	0.37%
AJG	B	0.37%
CMS	C	0.37%
MANH	D	0.37%
RS	B	0.37%
PHM	D	0.37%
VVV	F	0.36%
RMD	C	0.36%
GLPI	C	0.36%
LEN	D	0.36%
NXST	C	0.36%
EIX	B	0.36%
DKS	C	0.36%
NFG	A	0.36%
TSN	B	0.36%
BRBR	A	0.36%
KIM	A	0.36%
TKR	D	0.35%
CLX	B	0.35%
ED	D	0.35%
PAG	B	0.35%
FE	C	0.35%
CNM	D	0.35%
CUBE	D	0.35%
GGG	B	0.35%
POST	C	0.35%
DINO	D	0.35%
SSNC	B	0.35%
CBOE	B	0.35%
TSCO	D	0.34%
COKE	C	0.34%
BLDR	D	0.34%
NTAP	C	0.34%
HPE	B	0.34%
KVUE	A	0.33%
MSM	C	0.33%
CHE	D	0.33%
CTRA	B	0.33%
EPR	D	0.33%
DHI	D	0.33%
UHS	D	0.33%
X	C	0.33%
VICI	C	0.33%
GEN	B	0.33%
HRB	D	0.33%
PK	B	0.33%
CHD	B	0.33%
BG	F	0.33%
STE	F	0.32%
LH	C	0.32%
AN	C	0.32%
CPB	D	0.32%
JBL	B	0.32%
HST	C	0.32%
GIS	D	0.32%
HOLX	D	0.32%
FBIN	D	0.32%
ESS	B	0.31%
WSM	B	0.31%
WY	D	0.31%
EG	C	0.31%
RBC	A	0.31%
MTB	A	0.31%
WLK	D	0.31%
NUE	C	0.31%
CAG	D	0.31%
MAS	D	0.31%
LYB	F	0.31%
HIW	D	0.3%
AVY	D	0.3%
LECO	B	0.3%
GNTX	C	0.3%
BPOP	B	0.3%
ACI	C	0.3%
LSTR	D	0.3%
AR	B	0.3%
HPQ	B	0.3%
CTVA	C	0.3%
NEU	C	0.3%
DOX	D	0.3%
EQR	B	0.29%
A	D	0.29%
IFF	D	0.29%
RGLD	C	0.29%
KRC	C	0.29%
MOS	F	0.29%
SJM	D	0.29%
MOH	F	0.29%
RRC	B	0.29%
HSIC	B	0.29%
BBY	D	0.29%
ADM	D	0.29%
SAM	C	0.28%
VEEV	C	0.28%
SNX	C	0.28%
MEDP	D	0.28%
SAIC	F	0.28%
IQV	D	0.28%
MKC	D	0.28%
CLF	F	0.28%
OMC	C	0.28%
OLN	D	0.28%
WST	C	0.28%
AOS	F	0.28%
STAG	F	0.28%
DVN	F	0.27%
OVV	B	0.27%
BYD	C	0.27%
MPWR	F	0.27%
INCY	C	0.27%
CRUS	D	0.27%
R	B	0.27%
FRPT	B	0.27%
SYY	B	0.27%
LPX	B	0.27%
TER	D	0.27%
ASH	D	0.26%
HRL	D	0.26%
DRI	B	0.26%
FLO	D	0.26%
AMH	D	0.26%
JAZZ	B	0.26%
MAA	B	0.25%
CNC	D	0.25%
SMG	D	0.25%
NBIX	C	0.25%
UI	A	0.25%
QGEN	D	0.25%
RVTY	F	0.25%
L	A	0.25%
HAL	C	0.25%
CWEN	C	0.24%
IRDM	D	0.24%
SWKS	F	0.24%
AGO	B	0.24%
IDA	A	0.24%
MGM	D	0.23%
STWD	C	0.23%
EGP	F	0.23%
FR	C	0.23%
DLB	B	0.22%
CROX	D	0.22%
WPC	D	0.22%
NNN	D	0.22%
PRI	A	0.22%
EXPD	D	0.22%
HUN	F	0.22%
EXP	A	0.21%
HSY	F	0.21%
RPRX	D	0.21%
FMC	D	0.21%
CPT	B	0.2%
BRKR	D	0.2%
AFG	A	0.19%
FITB	A	0.19%
CE	F	0.19%
FNF	B	0.18%
GLW	B	0.18%
REYN	D	0.18%
REXR	F	0.18%
NVT	B	0.18%
FRT	B	0.18%
RF	A	0.17%
KEYS	A	0.17%
ITT	A	0.17%
BRO	B	0.17%
ACHC	F	0.17%
SLM	A	0.17%
ELAN	D	0.16%
SCI	B	0.15%
CUZ	B	0.15%
AXS	A	0.15%
APA	D	0.14%
AVT	C	0.14%
SON	D	0.14%
PINC	B	0.14%
DFS	B	0.14%
M	D	0.14%
RYN	D	0.14%
BAH	F	0.14%
POOL	C	0.13%
WEN	D	0.13%
TXT	D	0.13%
WTM	A	0.13%
BWA	D	0.13%
THO	B	0.13%
AKAM	D	0.12%
QRVO	F	0.12%
CFG	B	0.11%
ALLY	C	0.11%
KEY	B	0.1%
SLGN	A	0.1%
CXT	B	0.1%
ACGL	D	0.1%
NSA	D	0.09%
XRAY	F	0.09%
LBRDK	C	0.09%
AYI	B	0.09%
ZION	B	0.09%
TFX	F	0.08%
PB	A	0.07%
TNL	A	0.07%
RHI	B	0.07%
FNB	A	0.07%
CMA	A	0.07%
TECH	D	0.06%
CNXC	F	0.06%
NDSN	B	0.06%
GO	C	0.06%
IEX	B	0.05%
NVST	B	0.05%
PFG	D	0.05%
HXL	D	0.05%
CR	A	0.05%
WU	D	0.04%
CRI	D	0.04%
VIRT	B	0.04%
IPG	D	0.03%
ADTN	A	0.03%
FTRE	D	0.03%
PAYC	B	0.03%
HOG	D	0.02%
AEE	A	0.02%
KSS	F	0.01%
ATR	B	0.01%
CC	C	0.0%
CNA	B	0.0%

JPME Underweight 87 Positions Relative to QQQ

Symbol	Grade	Weight
NVDA	C	-8.79%
AAPL	C	-8.48%
MSFT	F	-7.75%
AMZN	C	-5.42%
AVGO	D	-4.98%
META	D	-4.9%
TSLA	B	-3.68%
COST	B	-2.58%
GOOGL	C	-2.51%
GOOG	C	-2.42%
NFLX	A	-2.27%
TMUS	B	-1.75%
ADBE	C	-1.48%
CSCO	B	-1.47%
PEP	F	-1.43%
AMD	F	-1.42%
LIN	D	-1.37%
INTU	C	-1.24%
ISRG	A	-1.21%
TXN	C	-1.19%
QCOM	F	-1.15%
CMCSA	B	-1.06%
BKNG	A	-1.05%
AMGN	D	-1.0%
AMAT	F	-0.97%
HON	B	-0.95%
PANW	C	-0.81%
VRTX	F	-0.79%
ADP	B	-0.78%
GILD	C	-0.72%
SBUX	A	-0.71%
MU	D	-0.69%
INTC	D	-0.68%
ADI	D	-0.66%
LRCX	F	-0.61%
MELI	D	-0.6%
KLAC	D	-0.55%
CTAS	B	-0.55%
MDLZ	F	-0.55%
PYPL	B	-0.55%
REGN	F	-0.54%
SNPS	B	-0.53%
CDNS	B	-0.52%
CRWD	B	-0.51%
MRVL	B	-0.5%
MAR	B	-0.5%
PDD	F	-0.47%
FTNT	C	-0.46%
ORLY	B	-0.45%
CSX	B	-0.44%
CEG	D	-0.44%
ADSK	A	-0.42%
DASH	A	-0.42%
ASML	F	-0.41%
PCAR	B	-0.38%
ROP	B	-0.38%
ABNB	C	-0.37%
TTD	B	-0.36%
NXPI	D	-0.36%
WDAY	B	-0.36%
MNST	C	-0.35%
CPRT	A	-0.35%
AEP	D	-0.31%
ODFL	B	-0.3%
KDP	D	-0.29%
EA	A	-0.27%
VRSK	A	-0.26%
DDOG	A	-0.26%
LULU	C	-0.25%
TEAM	A	-0.25%
CTSH	B	-0.25%
AZN	D	-0.24%
KHC	F	-0.24%
CCEP	C	-0.23%
IDXX	F	-0.22%
ZS	C	-0.2%
TTWO	A	-0.2%
DXCM	D	-0.19%
CSGP	D	-0.19%
GFS	C	-0.15%
WBD	C	-0.15%
MDB	C	-0.14%
ILMN	D	-0.14%
ARM	D	-0.11%
MRNA	F	-0.1%
DLTR	F	-0.09%
SMCI	F	-0.07%