JQUA vs. FQAL ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to Fidelity Quality Factor ETF (FQAL)

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

$56.34

Average Daily Volume

436,566

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

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

Grade (RS Rating)

Last Trade

$64.64

Average Daily Volume

32,274

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	FQAL
30 Days	1.32%	1.52%
60 Days	7.34%	6.98%
90 Days	6.49%	4.72%
12 Months	33.86%	34.40%

75 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in FQAL	Overlap
AAPL	C	1.96%	6.81%	1.96%
ABBV	A	1.37%	1.37%	1.37%
ABNB	D	0.28%	0.74%	0.28%
ACGL	A	0.33%	0.8%	0.33%
ACN	B	0.88%	1.06%	0.88%
ADBE	F	0.84%	1.01%	0.84%
ADP	A	0.54%	0.59%	0.54%
AM	A	0.03%	0.19%	0.03%
AMAT	B	0.81%	0.95%	0.81%
AMP	A	0.33%	0.78%	0.33%
AMT	C	0.2%	0.32%	0.2%
AVGO	C	1.33%	2.13%	1.33%
BKNG	C	0.7%	1.05%	0.7%
BMY	B	0.55%	0.94%	0.55%
CBSH	D	0.17%	0.6%	0.17%
CF	A	0.2%	0.18%	0.18%
CL	D	0.46%	0.41%	0.41%
COP	D	0.38%	0.39%	0.38%
COST	C	1.52%	1.0%	1.0%
CPRT	B	0.34%	0.45%	0.34%
CTAS	B	0.45%	0.52%	0.45%
CVX	B	0.67%	0.63%	0.63%
EOG	B	0.35%	0.3%	0.3%
EQR	C	0.09%	0.17%	0.09%
EXP	C	0.15%	0.16%	0.15%
EXR	C	0.26%	0.2%	0.2%
FAST	B	0.08%	0.47%	0.08%
GILD	A	0.56%	0.97%	0.56%
GLPI	A	0.07%	0.15%	0.07%
GOOGL	B	1.78%	3.57%	1.78%
GWW	A	0.37%	0.49%	0.37%
HD	A	1.52%	1.49%	1.49%
IDXX	D	0.35%	0.83%	0.35%
ITW	A	0.44%	0.54%	0.44%
JNJ	D	1.54%	1.44%	1.44%
KLAC	B	0.59%	0.83%	0.59%
KMB	B	0.32%	0.34%	0.32%
KO	C	0.9%	0.78%	0.78%
LIN	B	0.97%	0.57%	0.57%
LMT	A	0.62%	0.62%	0.62%
LRCX	D	0.55%	0.81%	0.55%
MA	A	1.54%	1.43%	1.43%
MCD	A	0.92%	1.17%	0.92%
MCO	D	0.45%	0.78%	0.45%
MEDP	F	0.21%	0.62%	0.21%
META	A	2.1%	2.61%	2.1%
MMM	C	0.37%	0.54%	0.37%
MO	D	0.48%	0.41%	0.41%
MSFT	D	1.81%	6.61%	1.81%
MTD	B	0.28%	0.75%	0.28%
NFG	A	0.17%	0.2%	0.17%
NRG	A	0.15%	0.27%	0.15%
NVDA	C	1.96%	6.3%	1.96%
ORLY	A	0.42%	0.81%	0.42%
PANW	D	0.55%	0.85%	0.55%
PAYX	A	0.32%	0.47%	0.32%
PG	C	1.44%	1.02%	1.02%
PGR	C	0.43%	1.0%	0.43%
PSA	C	0.39%	0.25%	0.25%
QCOM	D	0.85%	0.99%	0.85%
RS	D	0.06%	0.16%	0.06%
SPG	A	0.28%	0.23%	0.23%
SPGI	C	0.55%	0.96%	0.55%
T	A	0.3%	0.56%	0.3%
TPL	B	0.08%	0.21%	0.08%
UGI	C	0.17%	0.2%	0.17%
UNP	D	0.7%	0.65%	0.65%
V	C	1.67%	1.46%	1.46%
VRSK	D	0.32%	0.44%	0.32%
VZ	A	0.52%	0.62%	0.52%
WEC	A	0.3%	0.26%	0.26%
WSM	B	0.29%	0.75%	0.29%
XOM	A	1.65%	1.14%	1.14%
YUM	A	0.29%	0.77%	0.29%
ZTS	C	0.5%	0.92%	0.5%

JQUA Overweight 200 Positions Relative to FQAL

Symbol	Grade	Weight
BRK.A	C	1.88%
MRK	F	1.18%
CRM	B	1.09%
CSCO	A	0.94%
ORCL	B	0.89%
ABT	B	0.86%
NOW	C	0.78%
INTU	F	0.77%
IBM	B	0.73%
TJX	C	0.64%
ADI	C	0.61%
BLK	A	0.59%
NKE	D	0.58%
SBUX	B	0.56%
MMC	D	0.55%
REGN	D	0.55%
CB	A	0.5%
WM	B	0.48%
APH	D	0.48%
SNPS	F	0.44%
BDX	B	0.43%
CDNS	D	0.42%
APP	A	0.4%
AFL	A	0.4%
AON	A	0.39%
MAR	B	0.39%
PLTR	B	0.39%
AJG	D	0.38%
ICE	A	0.38%
DASH	B	0.37%
TRV	C	0.37%
FTNT	A	0.36%
ROST	C	0.35%
A	B	0.35%
CRWD	D	0.34%
CTSH	B	0.33%
MCHP	D	0.33%
RSG	D	0.33%
IT	C	0.33%
EBAY	A	0.32%
MSI	A	0.32%
MRVL	C	0.32%
EA	D	0.32%
RMD	C	0.31%
LULU	D	0.31%
NVR	A	0.3%
DECK	B	0.29%
BR	B	0.28%
WY	B	0.28%
CSL	A	0.28%
TER	C	0.27%
WDAY	D	0.27%
ROP	C	0.27%
DDOG	C	0.27%
BRO	A	0.27%
NDAQ	C	0.27%
MPWR	B	0.27%
WSO	C	0.26%
FFIV	B	0.26%
SCCO	B	0.26%
MANH	C	0.26%
LEN	B	0.26%
HOLX	D	0.25%
UTHR	C	0.25%
HST	D	0.25%
KEYS	B	0.25%
POOL	B	0.25%
EXPD	C	0.24%
VRT	B	0.24%
WRB	B	0.24%
CLH	C	0.24%
EW	F	0.24%
DOCU	B	0.24%
LAMR	C	0.24%
HIG	A	0.23%
VRSN	B	0.23%
DBX	B	0.23%
DRI	C	0.23%
CLX	B	0.23%
EXPE	B	0.23%
CHE	C	0.23%
ED	A	0.23%
ROL	B	0.22%
CTRA	D	0.22%
LSTR	D	0.22%
DOX	B	0.22%
DKS	D	0.22%
RNG	D	0.22%
CBOE	A	0.22%
SEIC	B	0.22%
HRB	C	0.22%
TEAM	D	0.22%
SWKS	F	0.22%
FDS	C	0.22%
WMT	A	0.21%
BLDR	B	0.21%
LECO	D	0.21%
OGE	A	0.21%
CDW	D	0.21%
AKAM	C	0.21%
LSCC	D	0.21%
GGG	B	0.21%
ALSN	A	0.21%
HPQ	C	0.21%
DVA	C	0.21%
MAA	C	0.21%
JAZZ	F	0.2%
IEX	D	0.2%
LOPE	D	0.2%
DT	C	0.2%
PSTG	F	0.2%
TYL	C	0.19%
PAYC	D	0.19%
WMS	C	0.19%
TPR	B	0.19%
NTAP	C	0.19%
FNF	A	0.19%
CRI	D	0.19%
SNOW	F	0.19%
MCK	F	0.19%
STE	D	0.18%
HPE	B	0.18%
ANSS	D	0.18%
ZS	F	0.17%
DLB	C	0.17%
LDOS	A	0.17%
BBY	B	0.17%
PINS	D	0.17%
QRVO	F	0.17%
SOLV	C	0.17%
JBL	C	0.16%
ULTA	D	0.16%
RPRX	B	0.16%
ZM	C	0.16%
DCI	B	0.16%
JKHY	A	0.15%
CNC	F	0.15%
WU	D	0.15%
SAIC	A	0.15%
MSGS	A	0.15%
TWLO	B	0.15%
CNM	F	0.15%
TDC	D	0.15%
NTNX	C	0.15%
TOST	C	0.15%
PEN	D	0.15%
MSM	D	0.14%
CCI	C	0.14%
CRUS	D	0.14%
CHD	C	0.14%
ELS	D	0.14%
MTCH	B	0.14%
EVRG	B	0.14%
ENTG	C	0.14%
RPM	A	0.14%
AOS	B	0.14%
SKX	B	0.13%
PEGA	B	0.13%
PEG	A	0.13%
PRI	A	0.13%
MTSI	B	0.13%
SMAR	A	0.13%
EPAM	F	0.13%
AYI	A	0.13%
SSNC	C	0.13%
AFG	C	0.13%
PCOR	D	0.12%
OKTA	F	0.12%
TSCO	A	0.12%
BSY	D	0.12%
PATH	D	0.12%
CPT	C	0.11%
YETI	B	0.11%
OLN	C	0.11%
DXC	D	0.11%
NDSN	B	0.11%
BYD	C	0.1%
DV	F	0.1%
GWRE	A	0.1%
LPX	A	0.09%
ZI	D	0.09%
ATO	A	0.09%
MPC	D	0.09%
QGEN	D	0.09%
RLI	A	0.09%
IPGP	D	0.09%
COKE	B	0.09%
INGR	A	0.08%
CHH	B	0.08%
WH	C	0.08%
PHM	A	0.07%
CUBE	C	0.06%
PINC	F	0.06%
TECH	C	0.06%
WAT	B	0.06%
GNTX	D	0.05%
UPS	C	0.04%
CHRW	A	0.02%
VIRT	B	0.01%
SNX	C	0.0%

JQUA Underweight 49 Positions Relative to FQAL

Symbol	Grade	Weight
LLY	D	-2.06%
LOW	A	-1.03%
BX	C	-0.91%
VRTX	D	-0.87%
CME	A	-0.84%
VEEV	C	-0.84%
NFLX	A	-0.84%
FICO	A	-0.83%
AZO	D	-0.79%
CAT	A	-0.79%
MSCI	B	-0.74%
GRMN	D	-0.73%
CPAY	A	-0.72%
DPZ	D	-0.7%
JXN	A	-0.68%
KNSL	C	-0.66%
CFR	D	-0.63%
EWBC	D	-0.63%
PM	C	-0.6%
QLYS	F	-0.58%
TDG	A	-0.55%
NEE	A	-0.53%
OTIS	A	-0.49%
CSX	D	-0.49%
AME	D	-0.47%
MDLZ	C	-0.45%
ODFL	D	-0.42%
CEG	B	-0.42%
TTD	C	-0.39%
SO	A	-0.38%
VST	A	-0.36%
PLD	D	-0.34%
SHW	B	-0.31%
MNST	D	-0.31%
HSY	D	-0.29%
FCX	B	-0.29%
WMB	A	-0.28%
ECL	B	-0.26%
LNG	A	-0.24%
O	A	-0.23%
AVB	C	-0.19%
NUE	C	-0.19%
VICI	C	-0.19%
MLM	D	-0.18%
AVY	C	-0.17%
SBAC	B	-0.17%
ESS	C	-0.16%
WHD	B	-0.16%
RGLD	C	-0.15%

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