JQUA vs. FDLO ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to Fidelity Low Volatility Factor ETF (FDLO)

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

$56.27

Average Daily Volume

437,000

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.07

Average Daily Volume

89,785

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	FDLO
30 Days	2.68%	2.72%
60 Days	5.38%	5.11%
90 Days	5.83%	6.79%
12 Months	28.57%	23.48%

70 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in FDLO	Overlap
AAPL	C	2.0%	7.33%	2.0%
ABBV	C	1.46%	1.18%	1.18%
ABT	C	0.6%	0.93%	0.6%
ACN	C	0.92%	1.61%	0.92%
ADP	B	0.58%	0.62%	0.58%
AJG	D	0.44%	0.62%	0.44%
AKAM	D	0.2%	1.16%	0.2%
AMGN	B	0.83%	0.84%	0.83%
AZO	D	0.39%	0.48%	0.39%
BRK.A	C	2.18%	2.09%	2.09%
CB	B	0.54%	0.73%	0.54%
CBOE	C	0.25%	0.59%	0.25%
CCI	C	0.16%	0.24%	0.16%
CL	D	0.52%	0.41%	0.41%
COP	D	0.38%	0.38%	0.38%
CSCO	C	0.9%	1.54%	0.9%
CSGP	D	0.07%	0.2%	0.07%
CTRA	D	0.22%	0.18%	0.18%
CVX	D	0.66%	0.6%	0.6%
DOX	C	0.22%	1.12%	0.22%
EA	D	0.32%	0.65%	0.32%
ED	C	0.26%	0.27%	0.26%
ELS	C	0.16%	0.17%	0.16%
EOG	D	0.34%	0.28%	0.28%
EQR	B	0.09%	0.2%	0.09%
FAST	C	0.08%	0.47%	0.08%
FDS	C	0.23%	0.55%	0.23%
GOOGL	D	1.62%	3.68%	1.62%
HD	B	1.49%	1.1%	1.1%
IBM	B	0.72%	1.6%	0.72%
ITW	C	0.43%	0.52%	0.43%
JKHY	B	0.15%	0.52%	0.15%
JNJ	C	1.64%	1.28%	1.28%
KMB	D	0.36%	0.33%	0.33%
KO	C	0.95%	0.77%	0.77%
LIN	B	0.96%	0.56%	0.56%
LMT	C	0.67%	0.63%	0.63%
MA	B	1.62%	1.28%	1.28%
MAA	B	0.23%	0.19%	0.19%
MCD	B	0.96%	0.81%	0.81%
MMC	C	0.61%	0.71%	0.61%
MRK	D	1.2%	1.07%	1.07%
MSFT	C	1.8%	7.19%	1.8%
MSI	B	0.24%	1.36%	0.24%
NKE	D	0.11%	0.58%	0.11%
ORCL	C	0.89%	1.76%	0.89%
ORLY	C	0.43%	0.5%	0.43%
PAYX	C	0.35%	0.48%	0.35%
PG	C	1.63%	1.03%	1.03%
PGR	B	0.25%	0.84%	0.25%
PSA	B	0.43%	0.27%	0.27%
REGN	C	0.63%	0.76%	0.63%
ROP	C	0.29%	1.24%	0.29%
RSG	D	0.36%	0.48%	0.36%
SBUX	C	0.56%	0.71%	0.56%
T	C	0.34%	0.96%	0.34%
TJX	B	0.68%	0.65%	0.65%
TRV	C	0.42%	0.63%	0.42%
TSCO	C	0.12%	0.47%	0.12%
TYL	C	0.2%	1.19%	0.2%
UNP	C	0.76%	0.68%	0.68%
V	C	1.78%	1.38%	1.38%
VRSN	D	0.23%	1.11%	0.23%
VRTX	D	0.62%	0.71%	0.62%
VZ	B	0.54%	1.0%	0.54%
WEC	C	0.26%	0.27%	0.26%
WM	D	0.49%	0.53%	0.49%
WMT	C	0.22%	0.91%	0.22%
WRB	C	0.28%	0.53%	0.28%
XOM	C	1.66%	1.1%	1.1%

JQUA Overweight 200 Positions Relative to FDLO

Symbol	Grade	Weight
META	B	1.93%
AVGO	C	1.59%
COST	B	1.59%
NVDA	D	1.58%
CRM	D	1.01%
ADBE	F	0.99%
INTU	C	0.81%
QCOM	D	0.78%
NOW	B	0.78%
AMAT	D	0.66%
BKNG	C	0.65%
GILD	B	0.6%
SPGI	B	0.6%
PANW	D	0.58%
BLK	B	0.57%
MO	C	0.56%
ADI	C	0.56%
BMY	C	0.56%
MCO	B	0.5%
KLAC	D	0.5%
ZTS	C	0.47%
CTAS	B	0.47%
LRCX	F	0.46%
AFL	C	0.46%
AON	B	0.43%
ICE	C	0.42%
APH	D	0.42%
FTNT	C	0.39%
SNPS	D	0.38%
PLTR	B	0.38%
CDNS	D	0.38%
MAR	C	0.37%
ROST	C	0.37%
ADSK	C	0.36%
GWW	B	0.36%
RMD	C	0.36%
ACGL	C	0.36%
A	C	0.35%
MMM	B	0.35%
IT	B	0.34%
CTSH	C	0.34%
NVR	B	0.33%
VRSK	D	0.33%
CPRT	D	0.33%
EBAY	B	0.33%
DASH	C	0.33%
IDXX	C	0.32%
BRO	C	0.31%
AMP	A	0.31%
YUM	D	0.3%
MCHP	F	0.3%
HOLX	B	0.29%
CRWD	D	0.29%
SPG	B	0.29%
NDAQ	A	0.29%
MRVL	C	0.29%
WDAY	D	0.29%
APP	C	0.29%
BR	D	0.29%
ATO	B	0.28%
ABNB	D	0.27%
EXR	B	0.27%
HRB	C	0.27%
LEN	B	0.27%
EW	F	0.26%
CLX	C	0.26%
DOCU	C	0.25%
FFIV	B	0.25%
DECK	C	0.25%
MTD	D	0.25%
CLH	A	0.25%
DDOG	D	0.25%
EXPD	C	0.24%
WSO	C	0.24%
WY	C	0.24%
HIG	B	0.24%
LAMR	B	0.24%
MANH	B	0.24%
DRI	B	0.23%
CHRW	B	0.23%
POOL	C	0.23%
MPWR	C	0.23%
TEAM	D	0.23%
TER	D	0.23%
KEYS	C	0.23%
ROL	C	0.23%
SAIC	C	0.22%
DVA	B	0.22%
CHE	C	0.22%
OGE	C	0.22%
SEIC	C	0.22%
WSM	D	0.22%
DBX	D	0.22%
EXPE	C	0.21%
GGG	C	0.21%
DT	C	0.21%
LSTR	D	0.21%
SWKS	D	0.21%
SNOW	F	0.2%
HPQ	D	0.2%
LOPE	D	0.2%
DKS	D	0.2%
INCY	C	0.2%
MCK	F	0.2%
FNF	B	0.2%
SCCO	D	0.2%
CDW	D	0.2%
HST	C	0.2%
CF	C	0.19%
NFG	B	0.19%
IEX	D	0.19%
CRI	D	0.19%
PAYC	D	0.19%
CNC	D	0.19%
BLDR	C	0.19%
ALSN	B	0.19%
CBSH	C	0.18%
LYV	B	0.18%
ANSS	D	0.18%
NTAP	D	0.18%
PSTG	F	0.18%
MOH	D	0.18%
LECO	F	0.18%
RNG	F	0.18%
MEDP	F	0.18%
CSL	B	0.18%
QRVO	F	0.17%
VRT	C	0.17%
LDOS	B	0.17%
BBY	C	0.17%
TPR	C	0.17%
WU	F	0.16%
LSCC	D	0.16%
DLB	D	0.16%
CHD	D	0.16%
CHH	C	0.16%
DCI	C	0.16%
DELL	D	0.16%
WMS	D	0.16%
ZM	C	0.16%
ULTA	D	0.16%
TDC	F	0.15%
EPAM	F	0.15%
EVRG	B	0.15%
PINS	F	0.15%
MSGS	B	0.15%
NTNX	C	0.15%
SSNC	B	0.14%
EXP	B	0.14%
HPE	D	0.14%
SMAR	C	0.14%
MTCH	C	0.14%
AFG	B	0.14%
CRUS	D	0.14%
PEG	B	0.13%
AOS	D	0.13%
MSM	D	0.13%
ZS	F	0.13%
JBL	D	0.13%
ENTG	F	0.13%
TWLO	D	0.13%
TOST	C	0.13%
PATH	D	0.12%
PEGA	C	0.12%
SKX	D	0.12%
DXC	C	0.12%
SNX	D	0.11%
GWRE	A	0.11%
CNM	F	0.11%
NDSN	C	0.11%
CPT	B	0.11%
OKTA	F	0.11%
BSY	D	0.11%
PCOR	F	0.1%
YETI	D	0.1%
DV	F	0.1%
AYI	B	0.1%
MTSI	D	0.1%
OLN	D	0.1%
JAZZ	D	0.09%
MPC	F	0.09%
BYD	C	0.09%
GLPI	C	0.08%
IPGP	F	0.08%
UGI	C	0.08%
ZI	D	0.08%
WH	B	0.08%
RLI	B	0.07%
TPL	B	0.07%
PHM	B	0.07%
PRI	B	0.07%
RS	D	0.06%
CUBE	B	0.06%
SOLV	C	0.05%
TECH	C	0.04%
UPS	D	0.04%
GNTX	F	0.04%
AM	C	0.03%
VIRT	C	0.02%
PINC	C	0.02%

JQUA Underweight 55 Positions Relative to FDLO

Symbol	Grade	Weight
AMZN	C	-3.64%
LLY	C	-1.98%
JPM	D	-1.63%
UNH	C	-1.57%
TXN	C	-1.52%
TMO	B	-0.96%
CMCSA	D	-0.87%
TMUS	C	-0.84%
PEP	C	-0.7%
CME	C	-0.69%
LOW	B	-0.66%
HON	D	-0.64%
BDX	D	-0.63%
PM	C	-0.62%
ETN	C	-0.61%
ERIE	B	-0.57%
NOC	B	-0.54%
AIZ	B	-0.54%
GD	B	-0.52%
GRMN	D	-0.46%
LHX	C	-0.46%
OTIS	C	-0.45%
MDLZ	B	-0.44%
BAH	C	-0.44%
J	C	-0.41%
SO	B	-0.39%
HII	D	-0.39%
FCN	D	-0.39%
DUK	C	-0.37%
AMT	C	-0.36%
GIS	B	-0.33%
SHW	B	-0.3%
EQIX	C	-0.3%
AEP	C	-0.3%
XEL	B	-0.28%
HSY	C	-0.28%
WMB	B	-0.27%
O	C	-0.25%
ECL	B	-0.25%
LNG	C	-0.24%
KMI	B	-0.24%
DLR	B	-0.24%
APD	B	-0.24%
CMS	C	-0.24%
AEE	C	-0.24%
CTVA	B	-0.21%
PKG	B	-0.17%
VMC	D	-0.17%
AMH	C	-0.17%
MLM	D	-0.17%
DTM	B	-0.17%
ADC	C	-0.16%
AMCR	B	-0.16%
AVY	C	-0.16%
ATR	B	-0.15%