JPUS vs. PHEQ ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Equity ETF (JPUS) to Parametric Hedged Equity ETF (PHEQ)

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

$122.50

Average Daily Volume

6,905

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

PHEQ

Parametric Hedged Equity ETF

PHEQ Description

The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	JPUS	PHEQ
30 Days	2.72%	1.99%
60 Days	2.86%	3.02%
90 Days	5.12%	3.86%
12 Months	27.89%	16.61%

89 Overlapping Holdings

Symbol	Grade	Weight in JPUS	Weight in PHEQ	Overlap
AAPL	C	0.36%	6.85%	0.36%
ABBV	D	0.33%	0.85%	0.33%
ABT	B	0.31%	0.6%	0.31%
ADBE	C	0.05%	0.48%	0.05%
AMGN	D	0.35%	0.45%	0.35%
APO	B	0.23%	0.3%	0.23%
AVB	B	0.31%	0.35%	0.31%
AVGO	D	0.38%	1.71%	0.38%
BAC	A	0.31%	0.98%	0.31%
BAH	F	0.32%	0.12%	0.12%
BKNG	A	0.18%	0.39%	0.18%
BLDR	D	0.34%	0.08%	0.08%
BMY	B	0.25%	0.48%	0.25%
BRK.A	B	0.39%	1.42%	0.39%
CAG	D	0.32%	0.17%	0.17%
CAT	B	0.28%	0.55%	0.28%
CE	F	0.2%	0.05%	0.05%
CFG	B	0.07%	0.26%	0.07%
CMS	C	0.28%	0.31%	0.28%
COR	B	0.39%	0.3%	0.3%
CPB	D	0.33%	0.18%	0.18%
CSCO	B	0.41%	0.79%	0.41%
CSL	C	0.17%	0.18%	0.17%
CVX	A	0.35%	0.84%	0.35%
DOX	D	0.24%	0.09%	0.09%
DRI	B	0.24%	0.3%	0.24%
DTE	C	0.3%	0.31%	0.3%
DVN	F	0.1%	0.17%	0.1%
EQR	B	0.2%	0.32%	0.2%
ESS	B	0.37%	0.19%	0.19%
ETR	B	0.46%	0.4%	0.4%
FANG	D	0.39%	0.24%	0.24%
FCNCA	A	0.43%	0.13%	0.13%
FE	C	0.34%	0.24%	0.24%
GOOGL	C	0.11%	2.28%	0.11%
HBAN	A	0.33%	0.31%	0.31%
HIG	B	0.39%	0.33%	0.33%
HUBB	B	0.35%	0.13%	0.13%
IBM	C	0.3%	0.56%	0.3%
IFF	D	0.21%	0.16%	0.16%
K	A	0.38%	0.34%	0.34%
KLAC	D	0.32%	0.34%	0.32%
KMB	D	0.34%	0.33%	0.33%
KO	D	0.33%	0.77%	0.33%
LH	C	0.28%	0.31%	0.28%
LIN	D	0.28%	0.67%	0.28%
LLY	F	0.33%	1.39%	0.33%
LMT	D	0.36%	0.58%	0.36%
LNG	B	0.34%	0.22%	0.22%
LOW	D	0.37%	0.57%	0.37%
LRCX	F	0.26%	0.29%	0.26%
LYB	F	0.31%	0.22%	0.22%
MAA	B	0.21%	0.27%	0.21%
MDT	D	0.23%	0.51%	0.23%
META	D	0.42%	2.66%	0.42%
MOH	F	0.14%	0.14%	0.14%
MRK	F	0.26%	0.69%	0.26%
MRO	B	0.37%	0.24%	0.24%
MSFT	F	0.35%	6.55%	0.35%
NEM	D	0.18%	0.23%	0.18%
NVDA	C	0.45%	7.12%	0.45%
ORCL	B	0.41%	0.73%	0.41%
PEP	F	0.34%	0.72%	0.34%
PFG	D	0.1%	0.2%	0.1%
PG	A	0.36%	1.09%	0.36%
PHM	D	0.38%	0.3%	0.3%
PPL	B	0.39%	0.34%	0.34%
PRU	A	0.1%	0.37%	0.1%
QCOM	F	0.3%	0.33%	0.3%
REGN	F	0.26%	0.21%	0.21%
RMD	C	0.07%	0.24%	0.07%
ROST	C	0.23%	0.32%	0.23%
RSG	A	0.4%	0.34%	0.34%
SCCO	F	0.36%	0.07%	0.07%
SSNC	B	0.04%	0.21%	0.04%
STLD	B	0.38%	0.11%	0.11%
SYF	B	0.52%	0.27%	0.27%
T	A	0.4%	0.68%	0.4%
TMO	F	0.15%	0.59%	0.15%
TMUS	B	0.47%	0.51%	0.47%
TRGP	B	0.5%	0.46%	0.46%
UNH	C	0.34%	1.37%	0.34%
UNP	C	0.27%	0.52%	0.27%
VRTX	F	0.37%	0.36%	0.36%
WLK	D	0.32%	0.04%	0.04%
WM	A	0.41%	0.44%	0.41%
WRB	A	0.12%	0.21%	0.12%
WSM	B	0.31%	0.02%	0.02%
XOM	B	0.41%	1.4%	0.41%

JPUS Overweight 266 Positions Relative to PHEQ

Symbol	Grade	Weight
VST	B	0.64%
CIEN	B	0.52%
UNM	A	0.51%
KMI	A	0.48%
ANET	C	0.47%
NRG	B	0.46%
PFGC	B	0.46%
IP	B	0.46%
PWR	A	0.46%
MCK	B	0.46%
COF	B	0.45%
USFD	A	0.44%
ETN	A	0.43%
TAP	C	0.43%
KR	B	0.43%
GWW	B	0.43%
MSI	B	0.43%
GRMN	B	0.43%
CEG	D	0.42%
ALSN	B	0.42%
APH	A	0.42%
INGR	B	0.42%
CMCSA	B	0.42%
TOL	B	0.42%
CMI	A	0.42%
UTHR	C	0.42%
JLL	D	0.41%
WMB	A	0.41%
CLH	B	0.41%
SPG	B	0.41%
NI	A	0.41%
CASY	A	0.41%
PEG	A	0.41%
VLO	C	0.4%
HST	C	0.4%
CHTR	C	0.4%
THC	D	0.4%
WELL	A	0.4%
PM	B	0.39%
PH	A	0.39%
MO	A	0.39%
KVUE	A	0.39%
IRM	D	0.39%
PNW	B	0.39%
PGR	A	0.39%
LAMR	D	0.39%
FAST	B	0.39%
RS	B	0.38%
VZ	C	0.38%
JNPR	F	0.38%
AM	A	0.38%
OHI	C	0.38%
AFL	B	0.38%
REG	B	0.38%
NVR	D	0.38%
TSN	B	0.37%
SRE	A	0.37%
DVA	B	0.37%
ORLY	B	0.37%
FYBR	D	0.37%
SO	D	0.37%
BRX	A	0.37%
CTSH	B	0.37%
CAH	B	0.36%
NXST	C	0.36%
DGX	A	0.36%
GD	F	0.36%
HRB	D	0.36%
INTU	C	0.36%
OGE	B	0.36%
LEN	D	0.36%
EIX	B	0.36%
DUK	C	0.36%
XEL	A	0.36%
MPC	D	0.36%
SYY	B	0.36%
CVS	D	0.36%
DKS	C	0.36%
GILD	C	0.35%
MTG	C	0.35%
CI	F	0.35%
FNF	B	0.35%
CTRA	B	0.35%
PSX	C	0.35%
CUBE	D	0.35%
CLX	B	0.35%
ADI	D	0.35%
POST	C	0.35%
AZO	C	0.35%
HRL	D	0.35%
ADM	D	0.34%
PSA	D	0.34%
D	C	0.34%
PAG	B	0.34%
ITW	B	0.34%
KHC	F	0.34%
TJX	A	0.34%
HCA	F	0.34%
GLPI	C	0.34%
CHD	B	0.34%
ED	D	0.34%
WEC	A	0.34%
BG	F	0.34%
TSCO	D	0.34%
OC	A	0.34%
EVRG	A	0.34%
CDNS	B	0.33%
VICI	C	0.33%
GIS	D	0.33%
MDLZ	F	0.33%
UHS	D	0.33%
X	C	0.33%
DHI	D	0.33%
KIM	A	0.33%
EOG	A	0.32%
IT	C	0.32%
ACN	C	0.32%
EMN	D	0.32%
CL	D	0.32%
CF	B	0.32%
NTAP	C	0.31%
ACI	C	0.31%
AMAT	F	0.31%
FITB	A	0.31%
ACGL	D	0.31%
EXC	C	0.31%
UGI	A	0.31%
WY	D	0.31%
AEP	D	0.31%
STZ	D	0.31%
MAS	D	0.3%
AOS	F	0.3%
NUE	C	0.3%
PKG	A	0.3%
ESI	A	0.3%
NFG	A	0.3%
CTVA	C	0.3%
HPE	B	0.3%
JEF	A	0.3%
ORI	A	0.3%
ECL	D	0.29%
AMP	A	0.29%
HOLX	D	0.28%
GNTX	C	0.28%
EG	C	0.28%
RPM	A	0.28%
COP	C	0.28%
SYK	C	0.28%
ZTS	D	0.27%
SPB	C	0.27%
WST	C	0.27%
CB	C	0.27%
DHR	F	0.27%
HSY	F	0.26%
OLN	D	0.26%
KDP	D	0.26%
DOW	F	0.26%
ELV	F	0.26%
AVY	D	0.26%
DINO	D	0.26%
FCX	D	0.25%
VTR	C	0.25%
STE	F	0.25%
MSM	C	0.25%
CBOE	B	0.25%
BBY	D	0.24%
ITT	A	0.24%
SAM	C	0.24%
PK	B	0.24%
TGT	F	0.24%
ALLY	C	0.24%
SNX	C	0.24%
BRBR	A	0.24%
RVTY	F	0.23%
PR	B	0.23%
STAG	F	0.23%
VTRS	A	0.23%
GEHC	F	0.22%
LDOS	C	0.22%
OMF	A	0.22%
FLO	D	0.21%
EXP	A	0.21%
COKE	C	0.21%
WPC	D	0.21%
PPC	C	0.21%
CNM	D	0.21%
BPOP	B	0.21%
SJM	D	0.21%
GAP	C	0.2%
F	C	0.19%
EA	A	0.19%
BDX	F	0.19%
MEDP	D	0.19%
TKR	D	0.19%
ASH	D	0.19%
R	B	0.18%
CLF	F	0.18%
STWD	C	0.18%
SCI	B	0.18%
M	D	0.18%
NEU	C	0.18%
MOS	F	0.17%
UI	A	0.17%
RGA	A	0.17%
EPR	D	0.17%
RHI	B	0.17%
CPT	B	0.17%
DTM	B	0.17%
CCI	D	0.16%
FR	C	0.16%
HUN	F	0.16%
ATO	A	0.16%
NNN	D	0.16%
KRC	C	0.16%
CHE	D	0.16%
HIW	D	0.15%
IPG	D	0.15%
CACI	D	0.14%
SWKS	F	0.14%
STT	A	0.13%
CSX	B	0.13%
DFS	B	0.13%
FBIN	D	0.12%
VIRT	B	0.12%
SLM	A	0.11%
VVV	F	0.11%
USB	A	0.11%
WU	D	0.11%
CRUS	D	0.1%
OXY	D	0.1%
SMG	D	0.1%
CARR	D	0.09%
LOPE	B	0.09%
FRT	B	0.09%
RF	A	0.09%
RGLD	C	0.08%
SAIC	F	0.08%
LPX	B	0.08%
TNL	A	0.07%
RBC	A	0.07%
GEN	B	0.07%
PCAR	B	0.06%
DLB	B	0.06%
NKE	D	0.06%
AFG	A	0.06%
KEY	B	0.06%
EGP	F	0.06%
IRDM	D	0.06%
AGO	B	0.05%
NSA	D	0.05%
CBRE	B	0.05%
CWEN	C	0.05%
MMC	B	0.05%
RRC	B	0.05%
VLTO	D	0.04%
LSTR	D	0.04%
CRI	D	0.03%
FTRE	D	0.03%
HOG	D	0.03%
MNST	C	0.03%
LEG	F	0.02%
IDA	A	0.02%
PLD	D	0.01%
KSS	F	0.01%
SON	D	0.01%
ROKU	D	0.0%

JPUS Underweight 114 Positions Relative to PHEQ

Symbol	Grade	Weight
AMZN	C	-4.1%
TSLA	B	-1.91%
GOOG	C	-1.9%
JPM	A	-1.73%
V	A	-1.28%
HD	A	-1.15%
MA	C	-1.14%
COST	B	-1.07%
JNJ	D	-1.04%
WMT	A	-0.96%
NFLX	A	-0.8%
WFC	A	-0.67%
CRM	B	-0.63%
NOW	A	-0.61%
TXN	C	-0.59%
ISRG	A	-0.58%
DIS	B	-0.57%
AXP	A	-0.57%
AMD	F	-0.51%
KKR	A	-0.46%
DE	A	-0.44%
MMM	D	-0.44%
CTAS	B	-0.42%
TRV	B	-0.39%
DAL	C	-0.39%
MS	A	-0.39%
PLTR	B	-0.36%
HWM	A	-0.36%
SCHW	B	-0.35%
LNT	A	-0.33%
DOV	A	-0.33%
YUM	B	-0.33%
OTIS	C	-0.33%
EXR	D	-0.32%
BA	F	-0.32%
MU	D	-0.31%
BRO	B	-0.31%
PANW	C	-0.3%
AEE	A	-0.3%
UBER	D	-0.29%
DOC	D	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
PYPL	B	-0.28%
MRVL	B	-0.25%
MELI	D	-0.25%
LII	A	-0.25%
ARES	A	-0.25%
GLW	B	-0.25%
L	A	-0.24%
NDAQ	A	-0.24%
URI	B	-0.24%
JBHT	C	-0.24%
MKL	A	-0.23%
ULTA	F	-0.23%
EXPD	D	-0.23%
HEI	B	-0.22%
ARE	D	-0.21%
AMCR	D	-0.21%
LULU	C	-0.21%
MSTR	C	-0.2%
SPOT	B	-0.19%
TTD	B	-0.18%
ZM	B	-0.18%
PPG	F	-0.18%
WBD	C	-0.18%
CRWD	B	-0.17%
AKAM	D	-0.16%
HAL	C	-0.16%
ABNB	C	-0.15%
APTV	D	-0.14%
NDSN	B	-0.14%
HEI	B	-0.14%
ZBH	C	-0.14%
ON	D	-0.14%
DELL	C	-0.14%
HUBS	A	-0.14%
MGM	D	-0.13%
WDAY	B	-0.13%
DASH	A	-0.13%
DDOG	A	-0.13%
ALNY	D	-0.13%
SQ	B	-0.12%
RBLX	C	-0.12%
COIN	C	-0.12%
TW	A	-0.11%
IBKR	A	-0.11%
VRT	B	-0.1%
VEEV	C	-0.1%
SUI	D	-0.1%
TRU	D	-0.09%
ZS	C	-0.08%
NET	B	-0.07%
AGR	B	-0.07%
YUMC	C	-0.07%
DKNG	B	-0.07%
SNOW	C	-0.06%
ALGN	D	-0.06%
AVTR	F	-0.06%
TEAM	A	-0.06%
SNAP	C	-0.05%
LPLA	A	-0.05%
OWL	A	-0.05%
ILMN	D	-0.05%
OKTA	C	-0.04%
BSY	D	-0.04%
RPRX	D	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
SIRI	C	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WMG	C	-0.02%
MRNA	F	-0.01%