JPUS vs. FRI ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Equity ETF (JPUS) to First Trust S&P REIT Index Fund (FRI)

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in 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. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$119.21

Average Daily Volume

7,891

Number of Holdings ^*

354

* may have additional holdings in another (foreign) market

FRI

First Trust S&P REIT Index Fund

FRI Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the S&P United States REIT Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a subset of the S&P Developed REIT Index, which measures the performance of more than 200 REITs or REIT-like structures in 15 developed markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.71

Average Daily Volume

68,738

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JPUS	FRI
30 Days	3.61%	6.11%
60 Days	6.37%	9.75%
90 Days	8.24%	15.82%
12 Months	24.93%	24.72%

30 Overlapping Holdings

Symbol	Grade	Weight in JPUS	Weight in FRI	Overlap
AVB	B	0.34%	2.7%	0.34%
BRX	B	0.38%	0.68%	0.38%
CPT	B	0.18%	1.07%	0.18%
CUBE	B	0.43%	0.99%	0.43%
EGP	B	0.07%	0.73%	0.07%
EPR	B	0.19%	0.3%	0.19%
EQIX	C	0.33%	6.76%	0.33%
EQR	B	0.23%	2.19%	0.23%
ESS	B	0.4%	1.63%	0.4%
FR	B	0.17%	0.6%	0.17%
FRT	C	0.1%	0.71%	0.1%
GLPI	C	0.38%	1.16%	0.38%
HIW	B	0.15%	0.28%	0.15%
HST	C	0.36%	0.99%	0.36%
IRM	C	0.48%	2.8%	0.48%
KIM	C	0.34%	1.29%	0.34%
KRC	B	0.15%	0.31%	0.15%
MAA	B	0.23%	1.57%	0.23%
NNN	C	0.21%	0.73%	0.21%
OHI	B	0.45%	0.82%	0.45%
PK	D	0.21%	0.24%	0.21%
PLD	C	0.21%	9.89%	0.21%
PSA	B	0.39%	4.65%	0.39%
REG	C	0.41%	1.0%	0.41%
SPG	B	0.41%	4.37%	0.41%
STAG	C	0.26%	0.59%	0.26%
VICI	C	0.37%	2.87%	0.37%
VTR	C	0.27%	2.16%	0.27%
WELL	C	0.42%	6.31%	0.42%
WPC	C	0.26%	1.12%	0.26%

JPUS Overweight 324 Positions Relative to FRI

Symbol	Grade	Weight
K	B	0.52%
FYBR	C	0.51%
PM	C	0.46%
PGR	B	0.46%
T	C	0.46%
TRGP	B	0.46%
HRB	C	0.46%
DHI	B	0.46%
JLL	B	0.45%
TOL	B	0.45%
MSI	B	0.44%
NVR	B	0.44%
PHM	B	0.44%
MO	C	0.44%
KO	C	0.43%
USFD	B	0.43%
PEG	B	0.43%
TMUS	C	0.43%
ETR	B	0.43%
EIX	C	0.43%
INGR	B	0.43%
HIG	B	0.43%
HCA	B	0.43%
UHS	B	0.43%
PPL	C	0.42%
LMT	C	0.42%
PNW	C	0.42%
FCNCA	D	0.42%
CPB	C	0.42%
CAG	C	0.42%
NI	B	0.42%
CL	D	0.42%
SO	B	0.42%
MDLZ	B	0.42%
POST	C	0.42%
LEN	B	0.42%
KHC	C	0.41%
JNPR	B	0.41%
CLH	A	0.41%
SYY	D	0.41%
UNM	B	0.41%
KR	C	0.41%
REGN	C	0.41%
KVUE	C	0.41%
TAP	D	0.41%
AMGN	B	0.41%
BRK.A	C	0.41%
VZ	B	0.41%
LAMR	B	0.41%
GRMN	D	0.4%
GIS	B	0.4%
LLY	C	0.4%
ED	C	0.4%
CI	C	0.4%
RSG	D	0.4%
DVA	B	0.4%
PFGC	B	0.4%
AFL	C	0.4%
PEP	C	0.4%
ANET	B	0.4%
CLX	C	0.39%
PG	C	0.39%
META	B	0.39%
FE	C	0.39%
CMCSA	D	0.39%
ORCL	C	0.38%
GWW	B	0.38%
ABBV	C	0.38%
ROKU	C	0.38%
MMC	C	0.38%
XOM	C	0.38%
WM	D	0.38%
KMB	D	0.38%
PCG	C	0.38%
CASY	D	0.38%
GD	B	0.38%
CTSH	C	0.37%
PWR	B	0.37%
UNH	C	0.37%
XEL	B	0.37%
UTHR	C	0.37%
VRTX	D	0.37%
TSCO	C	0.37%
SYF	C	0.37%
AM	C	0.37%
D	C	0.37%
ADM	D	0.37%
ETN	C	0.36%
SRE	C	0.36%
EVRG	B	0.36%
MTG	B	0.36%
ORLY	C	0.36%
ADI	C	0.36%
LYB	D	0.36%
FNF	B	0.36%
CHD	D	0.36%
WEC	C	0.36%
AAPL	C	0.36%
ELV	C	0.36%
AZO	D	0.36%
DGX	B	0.36%
STZ	D	0.36%
DKS	D	0.36%
OGE	C	0.36%
SCCO	D	0.35%
CAH	C	0.35%
APH	D	0.35%
NXST	D	0.35%
EXC	C	0.35%
MSFT	C	0.35%
BG	D	0.35%
TJX	B	0.35%
LOW	B	0.35%
DUK	C	0.35%
MPC	F	0.35%
CSCO	C	0.35%
ACGL	C	0.35%
WSM	D	0.34%
NVDA	D	0.34%
FAST	C	0.34%
RS	D	0.34%
WY	C	0.34%
ABT	C	0.34%
INTU	C	0.34%
WMB	B	0.34%
BLDR	C	0.34%
COF	B	0.34%
WLK	D	0.34%
VST	C	0.34%
CHTR	D	0.34%
IP	B	0.34%
CMI	C	0.34%
DTE	C	0.33%
KMI	B	0.33%
AVGO	C	0.33%
ACN	C	0.33%
BAH	C	0.33%
DHR	B	0.33%
GILD	B	0.33%
CEG	C	0.33%
PSX	F	0.33%
KLAC	D	0.33%
MNST	D	0.33%
PH	B	0.33%
CIEN	C	0.33%
AOS	D	0.32%
VLO	F	0.32%
MRK	D	0.32%
CE	F	0.32%
MCK	F	0.32%
ZTS	C	0.32%
NTAP	D	0.31%
ACI	F	0.31%
HUBB	B	0.31%
HOLX	B	0.31%
NFG	B	0.31%
IT	B	0.31%
CTRA	D	0.31%
ITW	C	0.31%
LNG	C	0.3%
UNP	C	0.3%
CF	C	0.3%
CBOE	C	0.3%
FANG	D	0.3%
EG	C	0.3%
TSN	C	0.3%
ALSN	B	0.3%
CMS	C	0.3%
CTVA	B	0.3%
PAG	D	0.3%
MAS	B	0.3%
STLD	F	0.3%
CVX	D	0.3%
CNP	C	0.3%
SYK	C	0.29%
AMAT	D	0.29%
HRL	C	0.29%
ECL	B	0.29%
ORI	B	0.29%
STE	C	0.29%
DOW	D	0.29%
CB	B	0.29%
GNTX	F	0.28%
NUE	F	0.28%
EMN	B	0.28%
OC	D	0.28%
MRO	C	0.28%
X	F	0.28%
LIN	B	0.28%
CDNS	D	0.28%
EOG	D	0.27%
CVS	D	0.27%
ESI	D	0.27%
SPB	C	0.27%
HBAN	B	0.27%
PKG	B	0.27%
FITB	B	0.27%
MDT	C	0.26%
OLN	D	0.26%
BBY	C	0.26%
BAC	D	0.26%
ROST	C	0.26%
RPM	B	0.26%
EQT	D	0.26%
LRCX	F	0.25%
DOX	C	0.25%
HUN	D	0.25%
SJM	C	0.25%
COP	D	0.25%
DINO	F	0.24%
UGI	C	0.24%
TGT	C	0.24%
CAT	B	0.24%
JEF	B	0.24%
WST	D	0.24%
DRI	B	0.24%
GEHC	C	0.24%
PFE	C	0.23%
AMP	A	0.23%
FCX	D	0.23%
AME	C	0.23%
HPE	D	0.23%
NEM	B	0.23%
FLO	C	0.23%
MSM	D	0.23%
VTRS	D	0.22%
BMY	C	0.22%
SNX	D	0.22%
ITT	B	0.21%
BPOP	C	0.21%
ALLY	F	0.21%
QCOM	D	0.21%
SAM	F	0.2%
MEDP	F	0.2%
CCI	C	0.2%
TKR	D	0.2%
BDX	D	0.2%
CELH	F	0.2%
KDP	B	0.19%
XP	D	0.19%
THC	A	0.19%
F	F	0.18%
SCI	B	0.18%
EXP	B	0.18%
STWD	B	0.18%
TMO	B	0.18%
NEU	D	0.18%
CLF	F	0.17%
CNM	F	0.17%
RHI	D	0.17%
M	F	0.17%
OMF	D	0.17%
CHE	C	0.17%
GAP	F	0.17%
AVY	C	0.16%
APO	C	0.16%
RGA	C	0.16%
MOH	D	0.16%
SWKS	D	0.16%
EA	D	0.16%
CSL	B	0.15%
MOS	F	0.15%
ASH	D	0.15%
ATO	B	0.15%
IPG	C	0.15%
BKNG	C	0.14%
R	A	0.14%
CSX	D	0.13%
COKE	C	0.13%
WU	F	0.13%
CACI	B	0.13%
STT	A	0.12%
BRBR	C	0.12%
WRB	C	0.12%
VIRT	C	0.12%
IBM	B	0.11%
USB	B	0.1%
DFS	B	0.1%
GOOGL	D	0.1%
VVV	D	0.1%
PFG	B	0.1%
UI	B	0.1%
PRU	C	0.09%
PPC	D	0.09%
SLM	D	0.09%
IDA	C	0.09%
CARR	B	0.09%
SAIC	C	0.09%
OXY	F	0.09%
CHK	D	0.09%
LOPE	D	0.08%
RF	B	0.08%
CSGP	D	0.08%
NKE	D	0.07%
IRDM	D	0.07%
OTIS	C	0.07%
LPX	B	0.07%
ADBE	F	0.06%
CFG	C	0.06%
DLB	D	0.06%
AFG	B	0.06%
CBRE	A	0.05%
PCAR	D	0.05%
KEY	B	0.05%
RRC	D	0.05%
DTM	B	0.05%
TNL	D	0.05%
CWEN	C	0.05%
AGO	C	0.04%
SSNC	B	0.04%
LSTR	D	0.04%
HUM	F	0.04%
VLTO	C	0.04%
FTRE	D	0.03%
LEG	D	0.03%
HOG	C	0.03%
CRI	D	0.03%
LBRDK	F	0.03%
KSS	F	0.01%
SON	C	0.01%
AEE	C	0.01%
CC	F	0.01%
GO	F	0.01%
LW	D	0.01%

JPUS Underweight 94 Positions Relative to FRI

Symbol	Grade	Weight
O	C	-4.45%
DLR	B	-4.27%
EXR	B	-3.08%
INVH	C	-1.71%
ARE	C	-1.57%
SUI	B	-1.48%
DOC	C	-1.29%
UDR	C	-1.16%
ELS	C	-1.15%
AMH	C	-1.07%
BXP	B	-0.93%
REXR	C	-0.88%
COLD	D	-0.63%
ADC	C	-0.62%
TRNO	C	-0.54%
RHP	C	-0.5%
KRG	B	-0.48%
EPRT	B	-0.47%
VNO	B	-0.47%
IRT	B	-0.38%
PECO	B	-0.38%
CTRE	C	-0.36%
CUZ	B	-0.36%
SLG	B	-0.36%
SBRA	C	-0.35%
NHI	C	-0.32%
MAC	B	-0.29%
IIPR	B	-0.29%
MPW	C	-0.28%
BNL	B	-0.28%
SKT	B	-0.28%
NSA	B	-0.27%
APLE	D	-0.26%
LXP	B	-0.24%
DEI	B	-0.22%
FCPT	C	-0.22%
UE	B	-0.21%
AKR	B	-0.19%
EQC	C	-0.18%
SHO	C	-0.17%
ROIC	B	-0.16%
IVT	B	-0.16%
DRH	C	-0.15%
GNL	C	-0.14%
PEB	D	-0.13%
GTY	B	-0.13%
LTC	C	-0.13%
ALEX	B	-0.12%
JBGS	C	-0.12%
AAT	B	-0.11%
UMH	C	-0.11%
XHR	B	-0.11%
ESRT	B	-0.11%
RLJ	D	-0.11%
DEA	B	-0.11%
PDM	B	-0.1%
AIV	B	-0.1%
NTST	D	-0.1%
UNIT	C	-0.1%
NXRT	C	-0.09%
CSR	B	-0.09%
AHH	B	-0.07%
PGRE	C	-0.07%
PLYM	D	-0.07%
BDN	B	-0.07%
INN	A	-0.06%
DHC	B	-0.06%
SVC	D	-0.06%
UHT	B	-0.05%
GMRE	C	-0.05%
HPP	D	-0.05%
WSR	D	-0.05%
GOOD	B	-0.05%
CBL	D	-0.05%
OLP	B	-0.04%
FPI	D	-0.04%
LAND	C	-0.04%
PKST	C	-0.04%
ALX	B	-0.04%
BFS	B	-0.04%
PSTL	B	-0.03%
CTO	C	-0.03%
CLDT	D	-0.03%
CHCT	F	-0.03%
NXDT	C	-0.02%
BRT	C	-0.02%
PINE	C	-0.02%
CIO	C	-0.02%
ILPT	C	-0.02%
CLPR	C	-0.01%
OPI	F	-0.01%
FSP	D	-0.01%
BHR	D	-0.01%
AHT	F	-0.0%