JQUA vs. BALI ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to BlackRock Advantage Large Cap Income ETF (BALI)

JQUA

JPMorgan U.S. Quality Factor ETF

JQUA Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Quality Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent quality factor characteristics.

Grade (RS Rating)

Last Trade

$59.18

Average Daily Volume

481,509

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

BALI

BlackRock Advantage Large Cap Income ETF

BALI Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.09

Average Daily Volume

95,490

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	BALI
30 Days	4.45%	2.84%
60 Days	5.31%	3.90%
90 Days	7.31%	5.67%
12 Months	31.33%	27.77%

63 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in BALI	Overlap
AAPL	C	1.86%	7.52%	1.86%
ACN	C	0.88%	0.06%	0.06%
ADBE	C	0.84%	0.52%	0.52%
AVGO	D	1.25%	0.64%	0.64%
BBY	D	0.15%	0.0%	0.0%
BKNG	A	0.79%	0.13%	0.13%
BRK.A	B	1.86%	0.84%	0.84%
CBOE	B	0.2%	0.03%	0.03%
CL	D	0.39%	0.87%	0.39%
CLX	B	0.22%	0.01%	0.01%
COP	C	0.4%	0.5%	0.4%
COST	B	1.51%	0.0%	0.0%
CPT	B	0.1%	0.18%	0.1%
CRWD	B	0.41%	0.23%	0.23%
CSCO	B	1.02%	0.36%	0.36%
CTAS	B	0.47%	1.15%	0.47%
CVX	A	0.72%	1.53%	0.72%
ED	D	0.21%	0.06%	0.06%
EXPD	D	0.21%	0.44%	0.21%
FTNT	C	0.44%	1.0%	0.44%
GILD	C	0.6%	1.32%	0.6%
GOOGL	C	1.89%	3.06%	1.89%
GWW	B	0.41%	0.03%	0.03%
HD	A	1.51%	0.01%	0.01%
INGR	B	0.08%	0.03%	0.03%
JNJ	D	1.4%	0.03%	0.03%
KMB	D	0.29%	1.01%	0.29%
LDOS	C	0.2%	0.4%	0.2%
LMT	D	0.58%	1.09%	0.58%
LRCX	F	0.46%	0.59%	0.46%
MA	C	1.58%	1.81%	1.58%
MANH	D	0.26%	0.41%	0.26%
MCD	D	0.87%	0.0%	0.0%
MCK	B	0.24%	0.21%	0.21%
META	D	2.07%	1.57%	1.57%
MMC	B	0.53%	1.22%	0.53%
MO	A	0.5%	0.8%	0.5%
MRK	F	0.99%	1.35%	0.99%
MSFT	F	1.72%	7.07%	1.72%
MSI	B	0.34%	0.56%	0.34%
NOW	A	0.88%	0.37%	0.37%
NTAP	C	0.18%	0.26%	0.18%
NVDA	C	2.22%	7.31%	2.22%
PG	A	1.33%	0.15%	0.15%
PGR	A	0.43%	1.2%	0.43%
QCOM	F	0.76%	1.02%	0.76%
ROST	C	0.31%	0.05%	0.05%
RSG	A	0.34%	1.06%	0.34%
SMAR	A	0.13%	0.12%	0.12%
SPG	B	0.29%	0.23%	0.23%
SPGI	C	0.53%	0.26%	0.26%
T	A	0.3%	1.07%	0.3%
TJX	A	0.63%	0.34%	0.34%
TRV	B	0.39%	0.34%	0.34%
TSCO	D	0.11%	0.14%	0.11%
UPS	C	0.04%	1.13%	0.04%
UTHR	C	0.27%	0.46%	0.27%
V	A	1.83%	1.33%	1.33%
VZ	C	0.46%	0.93%	0.46%
WM	A	0.5%	1.22%	0.5%
WMT	A	0.21%	1.22%	0.21%
WRB	A	0.25%	0.25%	0.25%
XOM	B	1.71%	0.4%	0.4%

JQUA Overweight 215 Positions Relative to BALI

Symbol	Grade	Weight
CRM	B	1.3%
ABBV	D	1.17%
ORCL	B	0.97%
LIN	D	0.88%
APP	B	0.86%
ABT	B	0.85%
INTU	C	0.82%
KO	D	0.76%
AMAT	F	0.68%
IBM	C	0.67%
UNP	C	0.66%
PANW	C	0.63%
PLTR	B	0.62%
BLK	C	0.62%
BMY	B	0.61%
ADP	B	0.58%
SBUX	A	0.56%
ADI	D	0.53%
APH	A	0.51%
NKE	D	0.48%
CB	C	0.47%
SNPS	B	0.46%
KLAC	D	0.46%
CDNS	B	0.45%
MCO	B	0.44%
ZTS	D	0.44%
ITW	B	0.44%
ORLY	B	0.43%
MAR	B	0.43%
DASH	A	0.43%
AON	A	0.42%
REGN	F	0.41%
BDX	F	0.4%
AJG	B	0.39%
AFL	B	0.39%
AMP	A	0.38%
MRVL	B	0.38%
CPRT	A	0.37%
LULU	C	0.37%
EOG	A	0.37%
ICE	C	0.36%
EA	A	0.35%
PSA	D	0.35%
CTSH	B	0.34%
IT	C	0.34%
PAYX	C	0.34%
TEAM	A	0.33%
VRSK	A	0.33%
MMM	D	0.33%
DECK	A	0.32%
DOCU	A	0.31%
A	D	0.31%
EBAY	D	0.3%
BRO	B	0.29%
BR	A	0.29%
ACGL	D	0.29%
RMD	C	0.29%
NDAQ	A	0.29%
WDAY	B	0.29%
DDOG	A	0.29%
WEC	A	0.29%
CSL	C	0.28%
ABNB	C	0.28%
VRT	B	0.28%
IDXX	F	0.28%
WSO	A	0.27%
EXPE	B	0.27%
ROP	B	0.27%
NVR	D	0.27%
YUM	B	0.27%
FFIV	B	0.27%
ALSN	B	0.26%
RNG	B	0.26%
MCHP	D	0.26%
WY	D	0.25%
CLH	B	0.25%
SEIC	B	0.25%
WSM	B	0.24%
HOLX	D	0.24%
EW	C	0.24%
HST	C	0.24%
KEYS	A	0.24%
DBX	B	0.24%
PAYC	B	0.24%
LOPE	B	0.23%
MEDP	D	0.23%
LAMR	D	0.23%
MTD	D	0.23%
EXR	D	0.23%
LEN	D	0.23%
POOL	C	0.23%
CTRA	B	0.23%
FDS	B	0.23%
LSTR	D	0.22%
TOST	B	0.22%
VRSN	F	0.22%
SNOW	C	0.22%
HIG	B	0.22%
LECO	B	0.22%
JAZZ	B	0.22%
DRI	B	0.22%
TWLO	A	0.22%
HPQ	B	0.21%
GGG	B	0.21%
IEX	B	0.21%
CHE	D	0.21%
SCCO	F	0.21%
MAA	B	0.21%
DOX	D	0.21%
ROL	B	0.21%
OGE	B	0.21%
CF	B	0.2%
ZS	C	0.2%
TPR	B	0.2%
DT	C	0.2%
TER	D	0.2%
HRB	D	0.2%
DVA	B	0.2%
FNF	B	0.19%
HPE	B	0.19%
ANSS	B	0.19%
BLDR	D	0.19%
LSCC	D	0.19%
TYL	B	0.19%
DKS	C	0.19%
CBSH	A	0.19%
ZM	B	0.19%
PSTG	D	0.19%
SWKS	F	0.18%
AKAM	D	0.18%
PEN	B	0.18%
MPWR	F	0.17%
NFG	A	0.17%
SOLV	C	0.17%
NTNX	A	0.17%
UGI	A	0.16%
AYI	B	0.16%
DLB	B	0.16%
SAIC	F	0.16%
EPAM	C	0.16%
JBL	B	0.16%
EXP	A	0.16%
STE	F	0.16%
AMT	D	0.16%
GEN	B	0.16%
DCI	B	0.16%
CDW	F	0.16%
TDC	D	0.15%
NRG	B	0.15%
RPM	A	0.15%
CRI	D	0.15%
PINS	D	0.15%
PEGA	A	0.15%
WMS	D	0.15%
MSGS	A	0.15%
AFG	A	0.14%
ELS	C	0.14%
CNM	D	0.14%
CHD	B	0.14%
EVRG	A	0.14%
PRI	A	0.14%
JKHY	D	0.14%
MTSI	B	0.14%
RPRX	D	0.14%
ULTA	F	0.14%
SSNC	B	0.13%
MSM	C	0.13%
PCOR	B	0.13%
CCI	D	0.12%
DXC	B	0.12%
OKTA	C	0.12%
PEG	A	0.12%
ENTG	D	0.12%
PATH	C	0.12%
WU	D	0.12%
GWRE	A	0.11%
SKX	D	0.11%
YETI	C	0.11%
NDSN	B	0.11%
CRUS	D	0.11%
BSY	D	0.11%
DV	C	0.11%
MTCH	D	0.11%
CNC	D	0.11%
AOS	F	0.11%
TPL	A	0.11%
COR	B	0.1%
WH	B	0.1%
RLI	B	0.1%
QRVO	F	0.1%
BYD	C	0.1%
CHH	A	0.09%
ZI	D	0.09%
COKE	C	0.09%
LPX	B	0.09%
FAST	B	0.09%
ATO	A	0.09%
IPGP	D	0.09%
OLN	D	0.09%
QGEN	D	0.08%
EQR	B	0.08%
MPC	D	0.08%
SIRI	C	0.08%
PINC	B	0.07%
GLPI	C	0.07%
TECH	D	0.06%
RS	B	0.06%
PHM	D	0.06%
WAT	B	0.06%
CUBE	D	0.05%
GNTX	C	0.04%
AM	A	0.03%
CHRW	C	0.02%
VIRT	B	0.01%
SNX	C	0.0%

JQUA Underweight 86 Positions Relative to BALI

Symbol	Grade	Weight
AMZN	C	-4.94%
GOOG	C	-1.67%
PM	B	-1.26%
PFE	D	-1.19%
SHW	A	-1.18%
JPM	A	-1.16%
CME	A	-1.12%
CAH	B	-1.12%
OMF	A	-1.1%
TSLA	B	-1.06%
C	A	-1.05%
PNW	B	-1.0%
UNH	C	-0.98%
LLY	F	-0.94%
MDT	D	-0.93%
CMCSA	B	-0.9%
KR	B	-0.83%
F	C	-0.82%
NOC	D	-0.82%
TFC	A	-0.65%
AMGN	D	-0.62%
HCA	F	-0.57%
TXRH	C	-0.54%
CCEP	C	-0.47%
HESM	B	-0.46%
SYK	C	-0.45%
NBIX	C	-0.44%
FE	C	-0.42%
TT	A	-0.4%
ALL	A	-0.4%
HAL	C	-0.39%
MU	D	-0.37%
ETN	A	-0.36%
ES	D	-0.35%
NTRA	B	-0.33%
EXC	C	-0.31%
MTN	C	-0.31%
CMS	C	-0.3%
EME	C	-0.3%
OSK	B	-0.28%
HUBS	A	-0.25%
NNN	D	-0.25%
PH	A	-0.24%
WING	D	-0.22%
HAS	D	-0.21%
ELV	F	-0.2%
PCAR	B	-0.2%
EXEL	B	-0.18%
NFLX	A	-0.15%
AVB	B	-0.15%
OHI	C	-0.15%
GD	F	-0.14%
BSX	B	-0.14%
INCY	C	-0.14%
CI	F	-0.12%
KMI	A	-0.11%
DDS	B	-0.11%
IDA	A	-0.1%
TMO	F	-0.1%
DUK	C	-0.1%
CSX	B	-0.07%
HES	B	-0.07%
DHI	D	-0.07%
KRG	B	-0.07%
WCN	A	-0.06%
NYT	C	-0.05%
WHR	B	-0.05%
SNAP	C	-0.04%
K	A	-0.04%
DOC	D	-0.04%
BIIB	F	-0.03%
IVZ	B	-0.02%
NUE	C	-0.02%
PAG	B	-0.02%
MELI	D	-0.02%
SON	D	-0.02%
FLEX	A	-0.02%
JNPR	F	-0.02%
DVN	F	-0.01%
LEVI	F	-0.01%
XP	F	-0.01%
CAG	D	-0.01%
FOXA	B	-0.0%
TSN	B	-0.0%
EQIX	A	-0.0%
RGA	A	-0.0%

JQUA: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Business Services Diversified Industrials Specialty Retail Diagnostics & Research Insurance - Property & Casualty Semiconductor Equipment & Materials Biotechnology Drug Manufacturers - Major Household & Personal Products Internet Content & Information Capital Markets Industrial Distribution Insurance Brokers Integrated Shipping & Logistics Medical Instruments & Supplies Oil & Gas E&P