JPXN vs. FIVA ETF Comparison

Comparison of iShares JPX-Nikkei 400 ETF (JPXN) to Fidelity International Value Factor ETF (FIVA)

JPXN

iShares JPX-Nikkei 400 ETF

JPXN Description

The investment seeks to track the investment results of a broad-based benchmark composed of Japanese equities. The fund seeks to track the investment results of the JPX-Nikkei Index 400 (the "underlying index"). It generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index may include large-, mid- or small-capitalization companies, and the components primarily include consumer discretionary, financials and industrials companies. The currency of the component securities of the underlying index is the Japanese yen ("JPY").

Grade (RS Rating)

Last Trade

$71.78

Average Daily Volume

25,907

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIVA

Fidelity International Value Factor ETF

FIVA Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity ® International Value Factor Index. The fund normally invests at least 80% of assets in securities included in the Fidelity ® International Value Factor Index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$24.85

Average Daily Volume

26,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPXN	FIVA
30 Days	-1.16%	-3.12%
60 Days	-5.75%	-4.79%
90 Days	-6.68%	-5.50%
12 Months	11.13%	10.45%

1 Overlapping Holdings

	Symbol	Grade	Weight in JPXN	Weight in FIVA	Overlap
	SONY	B	1.58%	1.47%	1.47%

JPXN Overweight 9 Positions Relative to FIVA

Symbol	Grade	Weight
MUFG	B	1.7%
MFG	A	1.68%
SMFG	B	1.52%
TM	F	1.22%
HMC	F	1.18%
NMR	B	0.56%
AGCO	D	0.17%
MBAVU	C	0.1%
PIXY	F	0.02%

JPXN Underweight 7 Positions Relative to FIVA

Symbol	Grade	Weight
HSBH	B	-1.41%
NVS	F	-1.25%
TD	D	-1.11%
ABBV	F	-1.05%
CNI	F	-0.93%
BCS	A	-0.83%
STLA	F	-0.73%