JPST vs. QARP ETF Comparison

Comparison of JPMorgan Ultra-Short Income ETF (JPST) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

$50.53

Average Daily Volume

5,487,100

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.49

Average Daily Volume

3,639

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	JPST	QARP
30 Days	0.31%	5.05%
60 Days	0.42%	4.68%
90 Days	1.05%	7.34%
12 Months	5.96%	28.56%

30 Overlapping Holdings

Symbol	Grade	Weight in JPST	Weight in QARP	Overlap
AAPL	A	0.12%	4.93%	0.12%
ABBV	D	0.04%	0.02%	0.02%
ABT	B	0.01%	0.22%	0.01%
ATO	A	0.3%	0.08%	0.08%
AZO	B	0.02%	0.33%	0.02%
BMY	B	0.01%	0.62%	0.01%
BX	B	0.07%	0.06%	0.06%
CAT	B	0.01%	0.66%	0.01%
CI	D	0.08%	0.55%	0.08%
CNP	A	0.14%	0.04%	0.04%
COF	B	0.04%	0.16%	0.04%
CSL	B	0.01%	0.05%	0.01%
DE	B	0.01%	0.25%	0.01%
GILD	B	0.13%	0.32%	0.13%
GM	C	0.1%	0.24%	0.1%
HUM	C	0.09%	0.32%	0.09%
JBHT	B	0.09%	0.05%	0.05%
KR	A	0.07%	0.29%	0.07%
MCD	D	0.29%	0.38%	0.29%
MCO	A	0.01%	0.33%	0.01%
MMM	C	0.01%	0.11%	0.01%
ORCL	B	0.04%	0.05%	0.04%
PFE	D	0.01%	0.47%	0.01%
PM	A	0.01%	0.56%	0.01%
PSX	C	0.01%	0.12%	0.01%
SBUX	B	0.06%	0.51%	0.06%
T	A	0.14%	0.72%	0.14%
UNH	B	0.01%	2.36%	0.01%
VZ	B	0.16%	0.67%	0.16%
XOM	C	0.06%	3.2%	0.06%

JPST Overweight 81 Positions Relative to QARP

Symbol	Grade	Weight
CASH	B	2.2%
TMO	F	0.74%
AZN	D	0.57%
EQH	B	0.35%
KDP	D	0.31%
CCEP	B	0.3%
LDOS	D	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	B	0.17%
ETR	A	0.16%
DB	D	0.13%
CAG	D	0.13%
SO	C	0.11%
WFC	A	0.11%
VTRS	B	0.1%
FITB	B	0.1%
WEC	A	0.09%
MLM	B	0.09%
IFF	D	0.08%
STT	A	0.08%
DT	C	0.08%
NEM	F	0.08%
DUK	C	0.08%
CFG	B	0.07%
HSBC	B	0.07%
BG	D	0.06%
ACR	A	0.06%
SEB	F	0.06%
AEP	C	0.05%
MS	C	0.05%
AL	B	0.05%
BHF	B	0.04%
KKR	A	0.04%
MDLZ	F	0.04%
PL	B	0.04%
ARES	A	0.03%
CHD	B	0.03%
R	A	0.03%
ROP	B	0.03%
NEE	D	0.03%
BCC	B	0.03%
BMO	B	0.03%
HON	B	0.02%
WLK	F	0.02%
MSC	D	0.02%
ETN	A	0.02%
GSK	F	0.02%
DIS	B	0.02%
AER	A	0.02%
BNS	A	0.02%
EPD	A	0.01%
IBM	C	0.01%
ICE	D	0.01%
DHR	D	0.01%
SCHW	A	0.01%
PNC	A	0.01%
BK	A	0.01%
AXP	A	0.01%
HBAN	B	0.01%
ES	D	0.01%
JXN	B	0.01%
MET	A	0.01%
UBS	C	0.01%
BAC	A	0.01%
RY	A	0.01%
TFC	B	0.01%
KEY	B	0.01%
MUFG	C	0.01%
GS	A	0.01%
NWG	C	0.01%
TD	F	0.01%
PFG	C	0.01%
CM	B	0.01%
USB	A	0.01%
C	B	0.01%
AIG	B	0.01%

JPST Underweight 315 Positions Relative to QARP

Symbol	Grade	Weight
BRK.A	B	-5.26%
META	D	-5.09%
AMZN	B	-3.85%
WMT	A	-3.0%
GOOGL	C	-2.38%
COST	A	-2.35%
JNJ	D	-2.35%
GOOG	C	-2.15%
MSFT	C	-2.01%
HD	B	-1.98%
CSCO	A	-1.97%
V	A	-1.84%
MA	A	-1.57%
CVX	A	-1.54%
PG	A	-1.38%
MCK	B	-1.18%
ACN	B	-1.17%
ADBE	C	-0.87%
CMCSA	C	-0.86%
TSLA	B	-0.83%
TJX	A	-0.82%
BKNG	A	-0.81%
COP	D	-0.78%
LOW	C	-0.77%
AMAT	F	-0.71%
LMT	D	-0.71%
MO	A	-0.64%
MMC	A	-0.56%
EOG	C	-0.51%
ELV	F	-0.46%
LRCX	D	-0.42%
CAH	B	-0.4%
LEN	D	-0.4%
COR	A	-0.4%
UPS	C	-0.4%
ORLY	A	-0.37%
NUE	D	-0.37%
TXN	D	-0.36%
MU	D	-0.35%
AON	A	-0.34%
PYPL	B	-0.34%
SYY	C	-0.33%
FDX	B	-0.33%
TGT	F	-0.32%
MRK	D	-0.32%
NKE	F	-0.31%
DHI	D	-0.31%
PSA	C	-0.31%
ITW	A	-0.31%
CTSH	A	-0.29%
GWW	A	-0.28%
ADM	D	-0.27%
MPC	D	-0.26%
HCA	F	-0.26%
CMI	A	-0.26%
STLD	B	-0.25%
QCOM	F	-0.25%
TROW	A	-0.25%
REGN	F	-0.25%
ROST	C	-0.25%
CNC	F	-0.24%
PCAR	B	-0.23%
VST	B	-0.23%
NVR	D	-0.23%
ACGL	D	-0.23%
ABNB	C	-0.23%
CL	D	-0.22%
FTNT	B	-0.22%
FAST	A	-0.22%
MSCI	B	-0.22%
DAL	B	-0.22%
BBY	D	-0.22%
URI	B	-0.22%
GEV	B	-0.21%
PHM	D	-0.21%
WSM	B	-0.21%
KVUE	A	-0.21%
EA	B	-0.21%
ADP	A	-0.21%
LPLA	A	-0.2%
VRTX	D	-0.2%
SPG	A	-0.2%
FANG	F	-0.19%
CVS	D	-0.19%
PAYX	B	-0.19%
NVDA	C	-0.18%
ISRG	B	-0.18%
VLO	C	-0.18%
ODFL	B	-0.18%
EXPE	B	-0.17%
RS	B	-0.17%
LULU	C	-0.17%
KMB	C	-0.16%
EME	B	-0.16%
BLDR	D	-0.16%
KLAC	D	-0.16%
DVN	F	-0.16%
FCNCA	B	-0.15%
GRMN	B	-0.15%
TSCO	D	-0.15%
SYF	A	-0.14%
ULTA	F	-0.14%
GEHC	F	-0.14%
SLB	C	-0.14%
MNST	B	-0.14%
DRI	B	-0.13%
CASY	B	-0.13%
DECK	B	-0.13%
ANET	C	-0.13%
OC	B	-0.13%
EXPD	D	-0.13%
CF	B	-0.13%
CHTR	B	-0.13%
CTRA	B	-0.12%
TPR	A	-0.12%
UNP	C	-0.12%
MAR	A	-0.12%
SNA	A	-0.12%
KEYS	B	-0.12%
CMG	B	-0.11%
BJ	B	-0.11%
UAL	B	-0.11%
MTG	B	-0.11%
EVR	B	-0.11%
MRO	B	-0.11%
CPNG	C	-0.1%
FDS	B	-0.1%
UTHR	B	-0.1%
BKR	C	-0.1%
SOLV	C	-0.1%
LUV	C	-0.1%
GIS	D	-0.09%
EBAY	C	-0.09%
MTD	D	-0.09%
LYV	B	-0.09%
LYB	F	-0.09%
DKS	C	-0.09%
A	D	-0.09%
AMG	B	-0.09%
ROK	B	-0.09%
CINF	A	-0.09%
CBRE	A	-0.09%
VICI	C	-0.08%
CBOE	B	-0.08%
LNG	A	-0.08%
FICO	A	-0.08%
TT	A	-0.08%
SWKS	D	-0.08%
HRB	D	-0.08%
WY	D	-0.08%
CTAS	A	-0.08%
WSO	B	-0.08%
INTC	D	-0.08%
WST	C	-0.08%
PFGC	B	-0.08%
HPQ	B	-0.08%
HSY	F	-0.08%
ADI	D	-0.08%
DOX	D	-0.07%
DOW	F	-0.07%
NTAP	B	-0.07%
CLX	C	-0.07%
DLTR	D	-0.07%
GPC	D	-0.07%
CPRT	A	-0.07%
GGG	B	-0.07%
RHI	C	-0.07%
SPGI	B	-0.07%
LH	B	-0.07%
SEIC	A	-0.07%
AMD	F	-0.07%
MAS	D	-0.07%
TOL	B	-0.07%
AYI	C	-0.07%
RNR	C	-0.06%
ACI	C	-0.06%
EXP	B	-0.06%
AGCO	D	-0.06%
PGR	A	-0.06%
EG	C	-0.06%
TXRH	A	-0.06%
TXT	D	-0.06%
SKX	D	-0.06%
MOH	D	-0.06%
OXY	F	-0.06%
K	A	-0.06%
EW	C	-0.06%
PWR	A	-0.06%
FFIV	A	-0.06%
PKG	A	-0.06%
JBL	C	-0.06%
VRSN	C	-0.06%
INCY	B	-0.06%
COIN	C	-0.06%
BWA	D	-0.06%
AOS	F	-0.06%
POOL	C	-0.06%
CHRW	C	-0.06%
HAL	C	-0.06%
ADSK	B	-0.06%
CSX	B	-0.06%
ALK	B	-0.05%
LVS	C	-0.05%
BLD	D	-0.05%
MRNA	F	-0.05%
IP	B	-0.05%
JKHY	D	-0.05%
APTV	F	-0.05%
LSTR	C	-0.05%
CCL	B	-0.05%
UHS	D	-0.05%
ITT	B	-0.05%
ALGN	D	-0.05%
FIX	A	-0.05%
SAIA	B	-0.05%
CLF	F	-0.05%
MGM	F	-0.05%
RL	B	-0.05%
MKTX	D	-0.05%
YUM	B	-0.05%
MUSA	A	-0.05%
OSK	B	-0.04%
NYT	D	-0.04%
MCHP	D	-0.04%
X	C	-0.04%
AAL	B	-0.04%
ACM	A	-0.04%
CHE	D	-0.04%
ROL	A	-0.04%
FCX	F	-0.04%
USFD	A	-0.04%
KNSL	B	-0.04%
LPX	B	-0.04%
ARMK	A	-0.04%
WYNN	D	-0.04%
ALSN	B	-0.04%
LEA	D	-0.04%
TSN	B	-0.04%
PAYC	A	-0.04%
GNTX	C	-0.04%
COKE	C	-0.04%
EPAM	C	-0.04%
LECO	C	-0.04%
CNM	C	-0.04%
MOS	F	-0.04%
BURL	B	-0.04%
FND	C	-0.04%
CHRD	F	-0.04%
DBX	C	-0.04%
ON	D	-0.04%
INGR	B	-0.04%
DCI	A	-0.04%
WBD	C	-0.04%
HOLX	D	-0.04%
HLI	A	-0.04%
OTIS	C	-0.04%
OLN	D	-0.03%
WAT	A	-0.03%
AMGN	F	-0.03%
SJM	C	-0.03%
PINC	B	-0.03%
MTZ	A	-0.03%
FCN	D	-0.03%
RLI	A	-0.03%
G	B	-0.03%
MSM	C	-0.03%
WTW	A	-0.03%
PVH	C	-0.03%
GLPI	B	-0.03%
KNX	B	-0.03%
THO	B	-0.03%
VVV	F	-0.03%
TER	D	-0.03%
RPRX	D	-0.03%
GAP	C	-0.03%
DPZ	B	-0.03%
LOPE	B	-0.03%
OVV	C	-0.03%
JHG	A	-0.03%
DGX	B	-0.03%
FOXA	C	-0.03%
MEDP	D	-0.03%
LLY	D	-0.03%
HST	C	-0.03%
LAMR	C	-0.03%
JNPR	F	-0.03%
TAP	C	-0.03%
J	D	-0.03%
EXEL	A	-0.03%
AMCR	D	-0.03%
BIIB	F	-0.02%
BBWI	C	-0.02%
DINO	F	-0.02%
CDW	F	-0.02%
NEU	C	-0.02%
HII	D	-0.02%
FIVE	F	-0.02%
CDNS	B	-0.02%
CE	F	-0.02%
CPB	D	-0.02%
AR	B	-0.02%
TTEK	D	-0.02%
APA	F	-0.02%
M	D	-0.02%
LKQ	D	-0.02%
DD	D	-0.02%
MHK	D	-0.02%
CTVA	A	-0.02%
EL	F	-0.02%
CROX	F	-0.02%
ALB	C	-0.02%
SSD	C	-0.02%
PII	F	-0.02%
CRUS	D	-0.02%
IWB	A	-0.0%