JPST vs. MFDX ETF Comparison

Comparison of JPMorgan Ultra-Short Income ETF (JPST) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.52

Average Daily Volume

5,193,763

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$30.33

Average Daily Volume

24,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPST	MFDX
30 Days	0.31%	-1.45%
60 Days	0.48%	-5.23%
90 Days	1.11%	-4.02%
12 Months	6.00%	11.37%

4 Overlapping Holdings

Symbol	Grade	Weight in JPST	Weight in MFDX	Overlap
ABBV	D	0.04%	0.7%	0.04%
AER	B	0.02%	0.01%	0.01%
CCEP	C	0.3%	0.06%	0.06%
MUFG	B	0.01%	0.39%	0.01%

JPST Overweight 107 Positions Relative to MFDX

Symbol	Grade	Weight
CASH	A	2.2%
TMO	F	0.74%
AZN	D	0.57%
EQH	B	0.35%
KDP	D	0.31%
ATO	A	0.3%
MCD	D	0.29%
LDOS	C	0.26%
BXMT	C	0.25%
SNX	C	0.23%
TDY	B	0.22%
HART	D	0.19%
BA	F	0.18%
D	C	0.17%
OGS	A	0.17%
VZ	C	0.16%
ETR	B	0.16%
T	A	0.14%
CNP	B	0.14%
GILD	C	0.13%
DB	D	0.13%
CAG	D	0.13%
AAPL	C	0.12%
SO	D	0.11%
WFC	A	0.11%
VTRS	A	0.1%
GM	B	0.1%
FITB	A	0.1%
HUM	C	0.09%
WEC	A	0.09%
MLM	B	0.09%
JBHT	C	0.09%
IFF	D	0.08%
STT	A	0.08%
DT	C	0.08%
CI	F	0.08%
NEM	D	0.08%
DUK	C	0.08%
KR	B	0.07%
CFG	B	0.07%
BX	A	0.07%
HSBC	B	0.07%
SBUX	A	0.06%
BG	F	0.06%
ACR	A	0.06%
SEB	F	0.06%
XOM	B	0.06%
AEP	D	0.05%
MS	A	0.05%
AL	B	0.05%
BHF	B	0.04%
ORCL	B	0.04%
KKR	A	0.04%
MDLZ	F	0.04%
COF	B	0.04%
PL	A	0.04%
ARES	A	0.03%
CHD	B	0.03%
R	B	0.03%
ROP	B	0.03%
NEE	D	0.03%
BCC	B	0.03%
BMO	A	0.03%
HON	B	0.02%
WLK	D	0.02%
MSC	C	0.02%
ETN	A	0.02%
AZO	C	0.02%
GSK	F	0.02%
DIS	B	0.02%
BNS	A	0.02%
EPD	A	0.01%
ABT	B	0.01%
PFE	D	0.01%
IBM	C	0.01%
ICE	C	0.01%
MCO	B	0.01%
DHR	F	0.01%
CSL	C	0.01%
BMY	B	0.01%
PSX	C	0.01%
SCHW	B	0.01%
PNC	B	0.01%
BK	A	0.01%
UNH	C	0.01%
MMM	D	0.01%
AXP	A	0.01%
CAT	B	0.01%
PM	B	0.01%
HBAN	A	0.01%
ES	D	0.01%
JXN	C	0.01%
MET	A	0.01%
UBS	C	0.01%
BAC	A	0.01%
RY	A	0.01%
TFC	A	0.01%
DE	A	0.01%
KEY	B	0.01%
GS	A	0.01%
NWG	C	0.01%
TD	F	0.01%
PFG	D	0.01%
CM	A	0.01%
USB	A	0.01%
C	A	0.01%
AIG	B	0.01%

JPST Underweight 47 Positions Relative to MFDX

Symbol	Grade	Weight
UL	D	-1.11%
NVS	D	-0.61%
HSBH	B	-0.4%
TT	A	-0.37%
MFG	B	-0.36%
MDT	D	-0.34%
NXPI	D	-0.32%
BCS	C	-0.28%
ARM	D	-0.28%
SMFG	B	-0.27%
GRMN	B	-0.26%
SE	B	-0.22%
SPOT	B	-0.22%
WCN	A	-0.21%
TM	D	-0.21%
CNI	D	-0.16%
HMC	F	-0.16%
DEO	F	-0.14%
LOGI	D	-0.13%
CHKP	D	-0.12%
RBA	A	-0.11%
LYG	F	-0.1%
TEVA	D	-0.1%
GOLD	D	-0.09%
E	F	-0.08%
WFG	D	-0.08%
ICLR	D	-0.08%
NMR	B	-0.07%
LULU	C	-0.07%
STLA	F	-0.06%
WIX	B	-0.06%
ALLE	D	-0.05%
AGCO	D	-0.04%
CYBR	B	-0.04%
QGEN	D	-0.04%
ALV	C	-0.04%
SONY	B	-0.03%
PDS	C	-0.03%
AEI	D	-0.03%
DOOO	F	-0.02%
ASND	D	-0.02%
MNDY	C	-0.02%
FRO	F	-0.02%
SFL	D	-0.01%
YY	C	-0.01%
MBAVU	D	-0.0%
CSIQ	F	-0.0%