JPME vs. RAVI ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) to FlexShares Ready Access Variable Income Fund (RAVI)

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

$106.75

Average Daily Volume

9,873

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.35

Average Daily Volume

71,467

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	JPME	RAVI
30 Days	1.20%	0.30%
60 Days	4.33%	0.68%
90 Days	6.99%	1.25%
12 Months	27.01%	5.48%

21 Overlapping Holdings

Symbol	Grade	Weight in JPME	Weight in RAVI	Overlap
AEE	B	0.02%	0.17%	0.02%
CFG	B	0.11%	0.29%	0.11%
CLX	A	0.34%	0.26%	0.26%
CMS	D	0.37%	0.24%	0.24%
DHI	D	0.33%	0.13%	0.13%
DTE	D	0.37%	0.77%	0.37%
ED	D	0.36%	1.05%	0.36%
ETR	B	0.45%	0.38%	0.38%
FITB	A	0.18%	0.22%	0.18%
HPE	B	0.34%	0.11%	0.11%
HRL	F	0.26%	0.07%	0.07%
KEY	B	0.1%	0.16%	0.1%
LEN	D	0.35%	0.26%	0.26%
LYB	F	0.33%	0.83%	0.33%
MCHP	F	0.23%	0.22%	0.22%
MKC	D	0.29%	0.17%	0.17%
OGE	B	0.4%	0.39%	0.39%
PPL	A	0.38%	0.22%	0.22%
R	B	0.26%	0.08%	0.08%
SJM	F	0.3%	0.57%	0.3%
TSN	B	0.33%	0.7%	0.33%

JPME Overweight 317 Positions Relative to RAVI

Symbol	Grade	Weight
APP	B	0.74%
VST	B	0.64%
SYF	B	0.53%
ALSN	B	0.51%
CIEN	B	0.5%
DTM	A	0.48%
JEF	B	0.48%
AMP	A	0.48%
UNM	A	0.48%
IP	B	0.47%
WMB	B	0.47%
TRGP	B	0.47%
LDOS	C	0.47%
STLD	C	0.46%
HUBB	C	0.46%
KMI	B	0.46%
FCNCA	B	0.45%
CMI	A	0.45%
NRG	C	0.45%
CACI	C	0.45%
GWW	B	0.44%
EXEL	B	0.44%
OMF	A	0.44%
KR	A	0.43%
UTHR	B	0.43%
USFD	B	0.43%
SNA	A	0.43%
GRMN	A	0.43%
PWR	B	0.43%
PPC	C	0.43%
CSL	B	0.42%
CLH	B	0.42%
OKE	A	0.42%
FAST	B	0.42%
PKG	B	0.42%
TPL	B	0.42%
TXRH	A	0.42%
CBRE	B	0.42%
TOL	B	0.41%
CASY	B	0.41%
LNG	B	0.41%
PFGC	B	0.41%
EHC	B	0.41%
INGR	B	0.41%
AM	B	0.4%
ATO	B	0.4%
EMN	D	0.4%
RPM	A	0.4%
ESI	B	0.4%
MRO	B	0.4%
RGA	A	0.4%
LAMR	D	0.4%
HBAN	A	0.4%
CHTR	B	0.4%
CNM	D	0.39%
BRX	A	0.39%
CF	B	0.39%
COR	B	0.39%
THC	B	0.39%
IRM	D	0.39%
RS	C	0.39%
NXST	C	0.39%
PEG	C	0.39%
ORI	A	0.39%
XEL	A	0.39%
SPG	A	0.39%
NI	A	0.39%
K	A	0.38%
AME	A	0.38%
TAP	B	0.38%
TYL	B	0.38%
DGX	B	0.38%
JNPR	D	0.38%
HIG	C	0.38%
FANG	C	0.38%
EVRG	A	0.38%
JLL	C	0.38%
PR	C	0.38%
EME	B	0.38%
X	D	0.38%
WEC	B	0.38%
PNW	A	0.38%
OC	A	0.38%
MPWR	F	0.37%
FYBR	D	0.37%
PCG	A	0.37%
NFG	D	0.37%
PHM	D	0.37%
MTG	C	0.37%
UGI	D	0.37%
MANH	C	0.37%
OHI	C	0.37%
AFL	C	0.37%
RMD	C	0.37%
CAH	B	0.37%
AVB	B	0.37%
IT	B	0.37%
CBOE	D	0.36%
REG	A	0.36%
ROKU	C	0.36%
DVA	C	0.36%
LNT	C	0.36%
TPR	A	0.36%
TKR	F	0.36%
FBIN	F	0.36%
NVR	D	0.36%
AJG	A	0.36%
VTRS	B	0.35%
HRB	D	0.35%
GGG	B	0.35%
NTAP	D	0.35%
EIX	C	0.35%
DKS	D	0.35%
POST	D	0.35%
TSCO	D	0.35%
DECK	B	0.35%
FE	D	0.35%
SSNC	C	0.35%
VVV	B	0.35%
SPB	A	0.35%
NUE	D	0.35%
KIM	A	0.35%
GLPI	D	0.35%
CUBE	D	0.34%
WLK	F	0.34%
BRBR	A	0.34%
JBL	C	0.34%
MSM	C	0.34%
PK	C	0.34%
CLF	F	0.34%
PAG	B	0.34%
DINO	D	0.34%
GIS	F	0.33%
VICI	D	0.33%
CAG	F	0.33%
ANSS	B	0.33%
HST	D	0.33%
SAIC	D	0.33%
UHS	D	0.33%
EPR	D	0.33%
CPB	F	0.33%
BLDR	C	0.33%
COKE	C	0.33%
LITE	B	0.33%
HOLX	D	0.33%
CTRA	B	0.32%
MAS	D	0.32%
CHD	A	0.32%
CHE	D	0.32%
GEN	B	0.32%
AN	C	0.32%
DOX	C	0.32%
STE	D	0.32%
BG	D	0.32%
CTVA	C	0.32%
HPQ	B	0.31%
WSM	F	0.31%
LSTR	B	0.31%
HSIC	F	0.31%
BPOP	C	0.31%
KVUE	A	0.31%
EG	D	0.31%
MOH	F	0.31%
LH	B	0.31%
HIW	D	0.31%
RBC	B	0.31%
NEU	C	0.31%
LECO	C	0.31%
WY	F	0.31%
MTB	A	0.31%
ACI	C	0.3%
RGLD	C	0.3%
SNX	C	0.3%
ADM	F	0.3%
ESS	C	0.3%
MEDP	D	0.3%
STAG	D	0.3%
ROST	D	0.3%
MOS	D	0.3%
A	F	0.3%
GNTX	C	0.3%
AVY	F	0.3%
IQV	F	0.3%
BBY	C	0.29%
ASH	F	0.29%
OLN	F	0.29%
KRC	C	0.29%
CDW	F	0.29%
AOS	F	0.29%
CRUS	F	0.28%
EQR	C	0.28%
EXC	C	0.28%
IFF	F	0.28%
SYY	D	0.28%
FRPT	B	0.28%
INCY	B	0.28%
TER	F	0.28%
OMC	A	0.28%
AR	B	0.28%
RRC	B	0.28%
FLO	F	0.27%
PAYX	B	0.27%
RVTY	C	0.27%
DVN	F	0.27%
WST	B	0.27%
AMH	C	0.26%
SWKS	F	0.26%
HAL	C	0.26%
SAM	B	0.26%
ON	F	0.26%
QGEN	D	0.26%
VEEV	B	0.26%
CNC	F	0.26%
LPX	A	0.26%
BYD	A	0.26%
DRI	B	0.26%
SMG	D	0.25%
OVV	C	0.25%
NBIX	C	0.25%
L	A	0.25%
FR	D	0.24%
JAZZ	B	0.24%
EGP	D	0.24%
MAA	C	0.24%
CE	F	0.24%
HUN	F	0.24%
IRDM	B	0.24%
FMC	F	0.23%
AGO	B	0.23%
CWEN	D	0.23%
IDA	A	0.23%
RPRX	F	0.22%
WPC	F	0.22%
EXPD	C	0.22%
BRKR	F	0.22%
CROX	F	0.22%
DLB	D	0.22%
STWD	C	0.22%
MGM	D	0.22%
EXP	B	0.21%
NNN	F	0.21%
PRI	B	0.21%
HSY	F	0.2%
REXR	F	0.19%
NVT	C	0.19%
CPT	C	0.19%
AFG	A	0.18%
GLW	B	0.18%
UI	B	0.18%
BKR	B	0.18%
FRT	B	0.18%
ACHC	F	0.18%
RF	A	0.17%
BAH	C	0.17%
ITT	A	0.17%
BRO	B	0.17%
REYN	D	0.17%
SLM	A	0.17%
FNF	C	0.17%
KEYS	C	0.17%
M	C	0.15%
AVT	C	0.15%
DFS	B	0.15%
AXS	A	0.15%
APA	F	0.15%
SCI	B	0.15%
CUZ	B	0.15%
RYN	F	0.15%
THO	B	0.14%
BWA	B	0.14%
TXT	D	0.14%
SON	F	0.14%
PINC	B	0.14%
WEN	C	0.14%
AKAM	F	0.14%
ELAN	C	0.14%
POOL	D	0.13%
WTM	A	0.13%
QRVO	F	0.13%
XRAY	F	0.12%
ALLY	C	0.12%
ACGL	C	0.11%
ZION	B	0.1%
SLGN	B	0.1%
LBRDK	C	0.1%
CXT	F	0.1%
NSA	D	0.09%
TFX	F	0.09%
AYI	A	0.09%
PB	B	0.07%
TNL	A	0.07%
GEHC	D	0.07%
RHI	B	0.07%
CMA	A	0.07%
FNB	B	0.07%
TECH	D	0.06%
NDSN	B	0.06%
CNXC	F	0.06%
BIIB	F	0.05%
IEX	B	0.05%
NVST	C	0.05%
PFG	C	0.05%
CR	B	0.05%
HXL	F	0.05%
GO	C	0.05%
PAYC	B	0.04%
WU	F	0.04%
CRI	D	0.04%
VIRT	B	0.04%
FTRE	D	0.03%
ADTN	B	0.03%
IPG	F	0.03%
HOG	D	0.02%
KSS	D	0.01%
ATR	A	0.01%
CC	C	0.0%
CNA	C	0.0%

JPME Underweight 80 Positions Relative to RAVI

Symbol	Grade	Weight
VLO	C	-1.51%
OGS	B	-1.05%
OTIS	D	-0.95%
PYPL	A	-0.95%
KDP	C	-0.95%
DHR	F	-0.86%
GE	D	-0.76%
WM	A	-0.69%
CI	D	-0.67%
CM	A	-0.62%
GP	F	-0.59%
GILD	B	-0.59%
TFC	B	-0.59%
AIG	B	-0.57%
NEE	D	-0.57%
BAC	A	-0.57%
AZO	B	-0.52%
NVDA	A	-0.52%
BNS	A	-0.52%
D	D	-0.51%
BDX	F	-0.51%
TD	D	-0.51%
RY	C	-0.51%
SYK	A	-0.49%
CCI	F	-0.49%
AON	B	-0.46%
UNH	B	-0.43%
BMY	B	-0.43%
AMZN	A	-0.42%
SCHW	B	-0.42%
CRM	B	-0.4%
VFC	C	-0.39%
AEP	D	-0.38%
CVX	A	-0.33%
NDAQ	B	-0.31%
ARCC	A	-0.3%
T	A	-0.3%
HSBC	B	-0.29%
MLM	B	-0.28%
DELL	C	-0.28%
CMCSA	B	-0.28%
DB	D	-0.28%
CP	F	-0.27%
WFC	A	-0.26%
CAT	B	-0.26%
SO	D	-0.26%
ATHS	C	-0.26%
GS	B	-0.26%
AL	B	-0.25%
C	B	-0.24%
FIS	B	-0.23%
FOXA	A	-0.21%
NYC	D	-0.21%
CNP	B	-0.2%
SBUX	B	-0.18%
LUV	B	-0.18%
BHF	B	-0.17%
CVS	F	-0.16%
SEB	F	-0.16%
UBS	B	-0.16%
PSX	C	-0.16%
AZN	F	-0.15%
NWG	B	-0.15%
BA	F	-0.15%
ICE	C	-0.15%
MUFG	A	-0.14%
MET	C	-0.13%
AMT	F	-0.13%
CNH	D	-0.13%
ABBV	F	-0.13%
EFX	F	-0.1%
GM	B	-0.1%
VZ	D	-0.1%
MDLZ	F	-0.09%
ROP	A	-0.07%
DUK	D	-0.07%
COF	B	-0.06%
MS	A	-0.06%
PCAR	B	-0.05%
JPM	A	-0.03%