JPST vs. NULC ETF Comparison

Comparison of JPMorgan Ultra-Short Income ETF (JPST) to Nuveen ESG Large-Cap ETF (NULC)

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

$50.50

Average Daily Volume

5,203,416

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

NULC

Nuveen ESG Large-Cap ETF

NULC Description

The investment seeks to track the investment results, before fees and expenses, of the ICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index (the "index"). Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. The index is designed to broadly capture the 1-5 year U.S. investment grade fixed income market, as represented by a modified version of the ICE BofAML 1-5 Year US Broad Market Index.

Grade (RS Rating)

Last Trade

$48.23

Average Daily Volume

1,184

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	JPST	NULC
30 Days	0.25%	2.41%
60 Days	0.46%	5.18%
90 Days	1.07%	6.70%
12 Months	5.96%	29.93%

21 Overlapping Holdings

Symbol	Grade	Weight in JPST	Weight in NULC	Overlap
AZO	C	0.02%	0.04%	0.02%
BG	D	0.06%	0.01%	0.01%
C	A	0.01%	0.94%	0.01%
CI	D	0.08%	0.08%	0.08%
DHR	F	0.01%	1.33%	0.01%
DIS	B	0.02%	1.45%	0.02%
ETN	A	0.02%	1.72%	0.02%
GILD	C	0.13%	0.72%	0.13%
GS	A	0.01%	0.23%	0.01%
IBM	C	0.01%	1.62%	0.01%
KR	B	0.07%	0.44%	0.07%
MCD	D	0.29%	1.2%	0.29%
MCO	B	0.01%	0.3%	0.01%
MMM	D	0.01%	0.57%	0.01%
MS	A	0.05%	1.53%	0.05%
NEM	D	0.08%	0.18%	0.08%
PNC	B	0.01%	1.3%	0.01%
T	A	0.14%	0.85%	0.14%
TFC	A	0.01%	0.37%	0.01%
USB	A	0.01%	0.06%	0.01%
VZ	C	0.16%	0.21%	0.16%

JPST Overweight 90 Positions Relative to NULC

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

JPST Underweight 100 Positions Relative to NULC

Symbol	Grade	Weight
NVDA	B	-8.29%
MSFT	D	-6.83%
GOOGL	C	-3.13%
LLY	F	-2.26%
V	A	-2.2%
MA	B	-2.14%
GOOG	C	-1.92%
TSLA	B	-1.88%
FI	A	-1.71%
CRM	B	-1.6%
PGR	A	-1.57%
KO	D	-1.55%
SPGI	C	-1.48%
MCK	A	-1.46%
PG	C	-1.41%
MMC	B	-1.38%
MELI	C	-1.31%
TJX	A	-1.27%
HCA	F	-1.21%
ECL	D	-1.21%
OKE	A	-1.2%
CARR	C	-1.16%
INTC	C	-1.05%
UPS	C	-1.04%
TGT	F	-1.02%
AMAT	F	-0.99%
AMGN	F	-0.98%
CMG	B	-0.97%
ADP	A	-0.97%
AMT	C	-0.96%
MRVL	B	-0.95%
LNG	A	-0.93%
SNPS	B	-0.9%
BKR	A	-0.83%
AXON	A	-0.81%
LOW	C	-0.79%
AMD	F	-0.76%
PEP	F	-0.75%
CMCSA	B	-0.75%
EXC	C	-0.73%
EW	C	-0.72%
HPQ	B	-0.69%
VEEV	C	-0.69%
TXN	C	-0.65%
ED	C	-0.64%
CDNS	B	-0.57%
ZTS	D	-0.55%
HPE	B	-0.54%
KEYS	A	-0.53%
TEAM	A	-0.51%
URI	C	-0.49%
TRV	B	-0.48%
ADM	D	-0.48%
ADBE	C	-0.47%
NTAP	C	-0.47%
EBAY	D	-0.45%
WST	C	-0.45%
IRM	C	-0.44%
BKNG	A	-0.43%
FTV	C	-0.42%
STLD	B	-0.41%
LYB	F	-0.41%
AWK	C	-0.41%
WDC	D	-0.4%
CBOE	C	-0.4%
EQIX	A	-0.4%
STX	C	-0.38%
TRU	D	-0.38%
HOLX	D	-0.36%
EA	A	-0.35%
J	D	-0.35%
FSLR	F	-0.35%
TRMB	B	-0.34%
BALL	F	-0.33%
HOOD	B	-0.33%
VRTX	D	-0.32%
DECK	A	-0.31%
JNPR	D	-0.24%
FDX	B	-0.22%
SOLV	D	-0.2%
HD	B	-0.2%
A	D	-0.19%
PANW	B	-0.18%
EME	A	-0.18%
MKTX	D	-0.17%
MOS	F	-0.16%
LPLA	A	-0.13%
CAH	B	-0.13%
DINO	D	-0.13%
ACGL	C	-0.12%
NXPI	D	-0.09%
AKAM	D	-0.07%
WELL	A	-0.07%
IT	C	-0.07%
WTW	B	-0.05%
IDXX	F	-0.05%
UNP	C	-0.04%
DXCM	C	-0.03%
FBIN	D	-0.02%
DOV	A	-0.01%