JPUS vs. QLV ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Equity ETF (JPUS) to FlexShares US Quality Low Volatility Index Fund (QLV)

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

$119.40

Average Daily Volume

6,562

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$65.92

Average Daily Volume

8,401

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	JPUS	QLV
30 Days	-1.39%	-2.16%
60 Days	1.29%	-0.64%
90 Days	4.65%	2.64%
12 Months	26.06%	24.10%

66 Overlapping Holdings

Symbol	Grade	Weight in JPUS	Weight in QLV	Overlap
AAPL	C	0.35%	5.13%	0.35%
ABBV	F	0.39%	0.97%	0.39%
ABT	B	0.32%	0.92%	0.32%
ADI	D	0.37%	0.15%	0.15%
AEP	C	0.32%	0.52%	0.32%
AMGN	D	0.38%	0.73%	0.38%
AVGO	C	0.4%	0.4%	0.4%
AVY	D	0.27%	0.64%	0.27%
AZO	C	0.36%	0.56%	0.36%
BAH	D	0.37%	0.5%	0.37%
BRK.A	A	0.38%	0.59%	0.38%
CAG	F	0.33%	0.13%	0.13%
CB	C	0.26%	0.72%	0.26%
CHE	D	0.16%	0.74%	0.16%
CMS	C	0.28%	0.53%	0.28%
COR	B	0.39%	0.2%	0.2%
CRUS	F	0.1%	0.26%	0.1%
CTRA	A	0.33%	0.53%	0.33%
CTVA	D	0.32%	0.57%	0.32%
DOX	D	0.26%	0.76%	0.26%
DTM	A	0.16%	0.65%	0.16%
DUK	C	0.37%	0.87%	0.37%
EA	A	0.18%	0.23%	0.18%
ED	D	0.35%	0.77%	0.35%
FLO	D	0.21%	0.47%	0.21%
GD	D	0.37%	0.61%	0.37%
GILD	B	0.34%	1.11%	0.34%
GIS	D	0.33%	0.72%	0.33%
GOOGL	B	0.11%	0.87%	0.11%
HRL	D	0.36%	0.4%	0.36%
HSY	F	0.25%	0.46%	0.25%
IBM	D	0.3%	1.77%	0.3%
K	B	0.38%	0.77%	0.38%
LIN	D	0.29%	0.19%	0.19%
LLY	F	0.32%	2.4%	0.32%
LMT	D	0.37%	1.07%	0.37%
LSTR	D	0.04%	0.74%	0.04%
MCK	A	0.41%	0.35%	0.35%
META	C	0.41%	1.27%	0.41%
MMC	C	0.05%	0.05%	0.05%
MRK	F	0.26%	2.29%	0.26%
MSFT	D	0.34%	7.86%	0.34%
NFG	A	0.31%	0.37%	0.31%
NVDA	B	0.45%	5.54%	0.45%
PEP	F	0.34%	1.52%	0.34%
PG	C	0.35%	3.17%	0.35%
PKG	B	0.3%	0.61%	0.3%
PM	A	0.38%	0.21%	0.21%
PNW	A	0.39%	0.52%	0.39%
PSA	C	0.33%	0.84%	0.33%
REGN	F	0.27%	0.47%	0.27%
RGLD	C	0.08%	0.77%	0.08%
RSG	B	0.39%	0.58%	0.39%
SCI	B	0.19%	0.53%	0.19%
SO	C	0.37%	0.68%	0.37%
SON	D	0.01%	0.49%	0.01%
T	A	0.4%	1.46%	0.4%
TMUS	A	0.45%	1.14%	0.45%
TSCO	D	0.35%	0.5%	0.35%
UNH	B	0.34%	0.07%	0.07%
VZ	C	0.38%	1.58%	0.38%
WEC	A	0.34%	0.83%	0.34%
WM	B	0.4%	0.68%	0.4%
WRB	A	0.12%	0.53%	0.12%
XEL	A	0.35%	0.62%	0.35%
XOM	B	0.41%	1.15%	0.41%

JPUS Overweight 289 Positions Relative to QLV

Symbol	Grade	Weight
VST	A	0.58%
SYF	A	0.53%
ANET	C	0.51%
CIEN	B	0.5%
UNM	A	0.49%
TRGP	A	0.48%
COF	A	0.47%
KMI	A	0.47%
IP	A	0.47%
NRG	B	0.46%
PFGC	B	0.46%
FCNCA	A	0.45%
ETR	A	0.45%
PWR	A	0.44%
STLD	B	0.43%
GRMN	B	0.43%
CEG	D	0.43%
KR	B	0.43%
CMCSA	B	0.43%
UTHR	B	0.43%
GWW	A	0.43%
USFD	B	0.43%
INGR	B	0.42%
ETN	A	0.42%
CLH	C	0.42%
HST	D	0.41%
LAMR	D	0.41%
CHTR	B	0.41%
MSI	A	0.41%
TOL	B	0.41%
CMI	A	0.41%
CASY	B	0.41%
APH	B	0.41%
ALSN	B	0.41%
PEG	C	0.4%
RS	B	0.4%
FAST	B	0.4%
WELL	A	0.4%
SPG	A	0.4%
NI	A	0.4%
CVS	F	0.4%
JLL	C	0.4%
WMB	A	0.4%
CSCO	B	0.4%
FANG	D	0.39%
X	D	0.39%
NXST	D	0.39%
VLO	C	0.39%
SCCO	F	0.39%
PGR	B	0.39%
ORCL	A	0.39%
IRM	D	0.39%
THC	C	0.39%
PH	A	0.39%
AFL	C	0.38%
REG	A	0.38%
OHI	C	0.38%
VRTX	C	0.38%
AM	A	0.38%
MO	A	0.38%
TAP	A	0.38%
NVR	D	0.38%
PPL	A	0.38%
JNPR	D	0.38%
HIG	C	0.38%
BRX	A	0.37%
HUBB	B	0.37%
SYY	D	0.37%
MRO	A	0.37%
KVUE	A	0.37%
ORLY	A	0.37%
FYBR	C	0.37%
PHM	D	0.37%
HRB	D	0.37%
ESS	A	0.36%
SRE	A	0.36%
OGE	A	0.36%
CTSH	B	0.36%
MTG	C	0.35%
DGX	A	0.35%
DVA	C	0.35%
LOW	A	0.35%
KHC	F	0.35%
MPC	D	0.35%
EIX	C	0.35%
DKS	D	0.35%
POST	D	0.35%
LEN	D	0.35%
CPB	D	0.34%
CAH	B	0.34%
NUE	D	0.34%
KO	D	0.34%
ADM	D	0.34%
DHI	D	0.34%
GLPI	D	0.34%
D	C	0.34%
TSN	A	0.34%
HCA	D	0.34%
KMB	C	0.34%
CUBE	C	0.34%
ITW	B	0.34%
PSX	C	0.34%
WLK	F	0.34%
CLX	A	0.34%
FE	C	0.34%
CVX	A	0.34%
FNF	C	0.34%
KIM	A	0.33%
INTU	A	0.33%
EMN	C	0.33%
KLAC	F	0.33%
BG	D	0.33%
HBAN	A	0.33%
BLDR	D	0.33%
PAG	A	0.33%
MDLZ	F	0.33%
EVRG	A	0.33%
CI	D	0.33%
UHS	D	0.33%
CL	D	0.32%
WY	D	0.32%
LNG	A	0.32%
CDNS	B	0.32%
IT	B	0.32%
UGI	C	0.32%
OC	A	0.32%
CHD	A	0.32%
VICI	C	0.32%
LYB	F	0.32%
TJX	A	0.32%
FITB	A	0.31%
AOS	F	0.31%
AVB	A	0.31%
WSM	F	0.31%
QCOM	F	0.31%
AMAT	F	0.31%
CF	A	0.31%
EXC	C	0.31%
ACN	C	0.31%
NTAP	D	0.31%
ACGL	C	0.31%
JEF	A	0.3%
STZ	D	0.3%
MAS	D	0.3%
ORI	A	0.3%
EOG	A	0.3%
DTE	C	0.3%
HPE	B	0.3%
BAC	A	0.3%
ACI	C	0.3%
ESI	B	0.3%
HOLX	D	0.29%
AMP	A	0.29%
CAT	B	0.29%
RPM	A	0.28%
EG	D	0.28%
DOW	F	0.28%
COP	C	0.28%
GNTX	C	0.28%
DHR	D	0.28%
ECL	D	0.28%
UNP	D	0.28%
OLN	F	0.27%
LRCX	F	0.27%
LH	B	0.27%
SYK	A	0.27%
ELV	F	0.27%
SNX	D	0.26%
SPB	C	0.26%
CBOE	D	0.26%
MSM	C	0.26%
ZTS	D	0.26%
WST	C	0.26%
DINO	D	0.26%
FCX	F	0.26%
ALLY	C	0.25%
CE	F	0.25%
LDOS	C	0.25%
KDP	D	0.25%
STE	D	0.25%
MDT	D	0.24%
BMY	B	0.24%
PK	C	0.24%
DRI	B	0.24%
VTR	C	0.24%
RVTY	D	0.24%
STAG	D	0.24%
TGT	D	0.23%
BRBR	A	0.23%
BBY	C	0.23%
APO	A	0.23%
CNM	F	0.23%
ITT	A	0.23%
ASH	F	0.22%
BPOP	C	0.22%
PR	C	0.22%
CLF	F	0.22%
PPC	B	0.22%
OMF	A	0.22%
SAM	B	0.22%
SJM	F	0.22%
ROST	D	0.22%
GEHC	D	0.22%
WPC	D	0.21%
EXP	B	0.21%
VTRS	A	0.21%
BDX	F	0.2%
IFF	D	0.2%
COKE	C	0.2%
TKR	F	0.2%
MAA	A	0.2%
MEDP	D	0.2%
F	C	0.19%
M	C	0.19%
NEU	C	0.19%
GAP	C	0.19%
NEM	F	0.19%
EQR	C	0.19%
STWD	D	0.18%
BKNG	A	0.18%
CPT	D	0.17%
KRC	C	0.17%
EPR	D	0.17%
HUN	F	0.17%
R	A	0.17%
RHI	B	0.17%
MOS	D	0.17%
CCI	D	0.16%
FR	D	0.16%
NNN	D	0.16%
RGA	A	0.16%
CSL	B	0.16%
MOH	F	0.15%
SWKS	F	0.15%
ATO	A	0.15%
IPG	F	0.15%
CACI	C	0.15%
HIW	D	0.15%
TMO	D	0.15%
DFS	A	0.14%
STT	A	0.13%
FBIN	D	0.13%
CSX	B	0.13%
VIRT	A	0.12%
WU	F	0.12%
UI	A	0.12%
SLM	A	0.11%
VVV	B	0.11%
USB	B	0.11%
DVN	F	0.1%
OXY	F	0.1%
SAIC	D	0.1%
SMG	D	0.1%
PRU	A	0.1%
PFG	C	0.1%
CARR	D	0.09%
FRT	B	0.09%
RF	A	0.09%
LPX	A	0.08%
LOPE	B	0.08%
GEN	B	0.07%
IRDM	C	0.07%
RBC	A	0.07%
CFG	A	0.07%
RMD	C	0.07%
PCAR	B	0.06%
AFG	A	0.06%
NKE	D	0.06%
DLB	D	0.06%
TNL	A	0.06%
EGP	D	0.06%
KEY	A	0.06%
ADBE	F	0.05%
NSA	C	0.05%
CBRE	B	0.05%
CWEN	D	0.05%
RRC	B	0.05%
VLTO	D	0.04%
SSNC	D	0.04%
AGO	A	0.04%
FTRE	D	0.03%
HOG	D	0.03%
MNST	D	0.03%
LEG	F	0.02%
IDA	A	0.02%
CRI	D	0.02%
PLD	D	0.01%
KSS	F	0.01%
ROKU	D	0.0%

JPUS Underweight 48 Positions Relative to QLV

Symbol	Grade	Weight
AMZN	B	-2.5%
V	A	-2.25%
MCD	D	-1.97%
JNJ	D	-1.68%
ADP	B	-0.92%
CME	A	-0.91%
QLYS	C	-0.89%
ATR	B	-0.89%
WTW	B	-0.87%
TXN	C	-0.86%
AIZ	A	-0.84%
WDFC	A	-0.81%
TYL	B	-0.81%
CHKP	D	-0.72%
ZM	B	-0.7%
QGEN	D	-0.67%
TRV	A	-0.66%
DLR	A	-0.65%
GOOG	B	-0.62%
CALM	A	-0.62%
EQIX	B	-0.62%
ALL	A	-0.62%
SMMT	D	-0.61%
NOC	D	-0.6%
CINF	A	-0.59%
WCN	A	-0.57%
AEE	A	-0.56%
SIGI	A	-0.55%
STNG	F	-0.55%
MKL	A	-0.54%
JKHY	D	-0.53%
ADC	A	-0.52%
CHRW	A	-0.49%
TTEK	D	-0.46%
NBIX	D	-0.43%
VRSK	B	-0.39%
BMRN	F	-0.37%
HII	F	-0.36%
SLGN	B	-0.33%
DDS	B	-0.3%
BMI	B	-0.28%
JPM	A	-0.21%
ALKS	B	-0.19%
ROP	C	-0.14%
NCNO	B	-0.13%
L	A	-0.11%
CWAN	B	-0.09%
EXPD	D	-0.03%