JQUA vs. CPAI ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to Counterpoint Quantitative Equity ETF (CPAI)

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

$58.68

Average Daily Volume

505,847

Number of Holdings ^*

277

* may have additional holdings in another (foreign) market

CPAI

Counterpoint Quantitative Equity ETF

CPAI Description

CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.

Grade (RS Rating)

Last Trade

$35.53

Average Daily Volume

7,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	CPAI
30 Days	1.77%	5.10%
60 Days	5.91%	12.27%
90 Days	8.24%	13.81%
12 Months	31.78%

12 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in CPAI	Overlap
AAPL	C	1.91%	1.91%	1.91%
COR	A	0.09%	2.06%	0.09%
GOOGL	B	1.85%	2.06%	1.85%
LDOS	B	0.2%	2.25%	0.2%
META	B	2.11%	1.98%	1.98%
MSFT	C	1.72%	1.89%	1.72%
MSI	B	0.33%	2.0%	0.33%
ORCL	A	0.91%	1.99%	0.91%
PGR	A	0.42%	1.89%	0.42%
ROST	F	0.32%	1.82%	0.32%
TJX	B	0.61%	1.89%	0.61%
VIRT	B	0.01%	2.02%	0.01%

JQUA Overweight 265 Positions Relative to CPAI

Symbol	Grade	Weight
NVDA	B	2.19%
BRK.A	B	1.83%
V	A	1.79%
XOM	B	1.73%
MA	B	1.58%
HD	B	1.52%
JNJ	D	1.5%
COST	B	1.49%
ABBV	D	1.43%
PG	C	1.37%
AVGO	C	1.29%
CRM	B	1.17%
MRK	F	1.05%
CSCO	A	1.0%
LIN	D	0.91%
ABT	C	0.9%
MCD	C	0.9%
NOW	A	0.85%
ACN	C	0.85%
KO	F	0.82%
QCOM	F	0.82%
BKNG	A	0.81%
ADBE	C	0.79%
INTU	A	0.75%
AMAT	F	0.72%
CVX	B	0.72%
IBM	C	0.68%
UNP	C	0.67%
BMY	B	0.61%
GILD	C	0.6%
PANW	A	0.59%
LMT	C	0.58%
ADP	A	0.57%
SBUX	B	0.56%
ADI	F	0.56%
PLTR	B	0.54%
MMC	C	0.54%
APP	B	0.52%
SPGI	C	0.52%
NKE	F	0.51%
MO	A	0.51%
WM	A	0.5%
APH	B	0.5%
KLAC	F	0.49%
LRCX	F	0.49%
VZ	C	0.48%
CB	C	0.47%
ITW	A	0.45%
CTAS	A	0.45%
ZTS	D	0.45%
MCO	C	0.44%
REGN	F	0.44%
CDNS	B	0.44%
SNPS	B	0.44%
BDX	D	0.43%
CL	F	0.42%
DASH	A	0.41%
AON	A	0.41%
ORLY	A	0.41%
COP	C	0.4%
MAR	A	0.4%
AFL	C	0.39%
GWW	B	0.39%
MRVL	B	0.38%
ICE	D	0.38%
AJG	A	0.38%
TRV	B	0.38%
FTNT	B	0.37%
LULU	C	0.37%
CRWD	B	0.37%
PSA	C	0.37%
AMP	A	0.36%
CPRT	A	0.35%
EA	A	0.35%
EOG	A	0.35%
PAYX	B	0.34%
IT	A	0.33%
RSG	A	0.33%
VRSK	A	0.33%
MMM	C	0.33%
A	F	0.33%
CTSH	A	0.32%
MCHP	F	0.31%
RMD	C	0.31%
WEC	B	0.3%
TEAM	B	0.3%
DECK	B	0.3%
ABNB	C	0.3%
EBAY	C	0.3%
T	A	0.3%
KMB	F	0.3%
NDAQ	A	0.29%
SPG	B	0.29%
NVR	D	0.29%
DDOG	B	0.29%
YUM	B	0.28%
DOCU	B	0.28%
BR	A	0.28%
BRO	A	0.28%
IDXX	D	0.28%
ACGL	D	0.28%
UTHR	B	0.27%
FFIV	A	0.27%
CSL	B	0.27%
RNG	B	0.26%
MTD	F	0.26%
WDAY	B	0.26%
ROP	A	0.26%
WY	F	0.26%
VRT	B	0.26%
KEYS	C	0.25%
SEIC	A	0.25%
WRB	B	0.25%
EW	D	0.25%
WSO	A	0.25%
POOL	D	0.25%
EXPE	B	0.25%
LEN	D	0.25%
WSM	F	0.25%
CLH	B	0.24%
DBX	B	0.24%
PAYC	B	0.24%
HST	C	0.24%
SCCO	F	0.24%
EXR	D	0.24%
LAMR	D	0.24%
ALSN	A	0.24%
HOLX	D	0.24%
MANH	C	0.24%
CBOE	D	0.23%
ED	D	0.23%
CLX	A	0.23%
FDS	A	0.23%
WMT	A	0.22%
VRSN	C	0.22%
DRI	B	0.22%
CTRA	B	0.22%
LECO	C	0.22%
MPWR	F	0.22%
DOX	C	0.22%
EXPD	D	0.22%
GGG	B	0.21%
TWLO	A	0.21%
MAA	C	0.21%
ROL	B	0.21%
IEX	B	0.21%
DT	C	0.21%
OGE	B	0.21%
AKAM	F	0.21%
LSTR	B	0.21%
HPQ	B	0.21%
HRB	D	0.21%
MCK	A	0.21%
MEDP	C	0.21%
HIG	C	0.21%
SWKS	F	0.2%
BLDR	D	0.2%
TPR	B	0.2%
LSCC	D	0.2%
JAZZ	B	0.2%
DKS	F	0.2%
SNOW	C	0.2%
CHE	D	0.2%
TER	F	0.2%
PSTG	D	0.2%
CF	B	0.2%
PEN	B	0.19%
FNF	C	0.19%
TYL	B	0.19%
DVA	C	0.19%
LOPE	B	0.19%
HPE	B	0.18%
CDW	F	0.18%
NTAP	D	0.18%
ZS	B	0.18%
ZM	B	0.18%
ANSS	B	0.18%
AMT	F	0.18%
WMS	F	0.18%
SOLV	D	0.18%
DCI	A	0.17%
PINS	F	0.17%
STE	F	0.17%
TOST	A	0.17%
CBSH	A	0.17%
NFG	C	0.17%
MSGS	C	0.16%
RPRX	F	0.16%
BBY	D	0.16%
CRI	D	0.16%
GEN	A	0.16%
EXP	B	0.16%
UGI	D	0.16%
NTNX	B	0.16%
JBL	C	0.16%
SAIC	C	0.16%
DLB	C	0.16%
PEGA	A	0.15%
RPM	A	0.15%
NRG	B	0.15%
ULTA	C	0.15%
CNM	D	0.15%
AYI	B	0.15%
JKHY	C	0.15%
ELS	C	0.14%
EVRG	A	0.14%
MTCH	F	0.14%
CHD	B	0.14%
TDC	D	0.14%
EPAM	B	0.13%
CCI	F	0.13%
SSNC	C	0.13%
MSM	B	0.13%
CNC	F	0.13%
SMAR	A	0.13%
MTSI	B	0.13%
PRI	A	0.13%
WU	F	0.13%
CRUS	F	0.12%
BSY	F	0.12%
OKTA	C	0.12%
QRVO	F	0.12%
PATH	C	0.12%
PEG	C	0.12%
AOS	F	0.12%
ENTG	D	0.12%
AFG	A	0.12%
PCOR	B	0.12%
TPL	B	0.11%
NDSN	B	0.11%
TSCO	C	0.11%
DXC	B	0.11%
SKX	F	0.11%
OLN	D	0.1%
RLI	A	0.1%
CPT	C	0.1%
YETI	C	0.1%
BYD	A	0.1%
IPGP	C	0.1%
GWRE	A	0.1%
DV	C	0.1%
COKE	C	0.09%
SIRI	D	0.09%
FAST	A	0.09%
QGEN	D	0.09%
LPX	B	0.09%
ATO	A	0.09%
INGR	B	0.09%
WH	A	0.09%
ZI	D	0.09%
MPC	D	0.08%
EQR	C	0.08%
CHH	B	0.08%
WAT	A	0.07%
PINC	A	0.07%
PHM	D	0.07%
GLPI	D	0.07%
TECH	B	0.06%
RS	B	0.06%
CUBE	D	0.05%
UPS	C	0.04%
GNTX	C	0.04%
AM	B	0.03%
CHRW	A	0.02%
SNX	C	0.0%

JQUA Underweight 37 Positions Relative to CPAI

Symbol	Grade	Weight
SKYW	B	-2.39%
SFM	B	-2.38%
NTGR	B	-2.27%
TDS	B	-2.25%
TRGP	B	-2.23%
CLBT	C	-2.19%
UNM	A	-2.16%
BRBR	A	-2.15%
EQH	B	-2.14%
CARG	B	-2.1%
CAH	A	-2.08%
GDDY	A	-2.07%
CNO	B	-2.07%
OKE	A	-2.04%
FTI	B	-2.04%
CVLT	A	-2.03%
WBA	D	-2.03%
NYT	C	-2.02%
PBI	C	-2.01%
PRM	C	-2.01%
FTDR	B	-2.01%
ZIM	B	-1.96%
ACIW	B	-1.95%
RTX	C	-1.94%
GNW	B	-1.93%
LESL	D	-1.93%
WES	D	-1.89%
THC	B	-1.89%
BRC	A	-1.88%
PAA	D	-1.86%
LLY	F	-1.86%
PAGP	D	-1.84%
MHO	D	-1.76%
HCA	D	-1.75%
UHS	D	-1.74%
HTZ	C	-1.73%
AGL	F	-1.47%

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