JQUA vs. FVAL ETF Comparison

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

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

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$63.26

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	FVAL
30 Days	4.45%	3.33%
60 Days	5.31%	5.59%
90 Days	7.31%	6.82%
12 Months	31.33%	28.35%

53 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in FVAL	Overlap
AAPL	C	1.86%	6.68%	1.86%
ABBV	D	1.17%	1.11%	1.11%
ACN	C	0.88%	1.15%	0.88%
ADP	B	0.58%	0.64%	0.58%
BKNG	A	0.79%	0.87%	0.79%
BMY	B	0.61%	0.98%	0.61%
BRK.A	B	1.86%	2.07%	1.86%
CF	B	0.2%	0.18%	0.18%
CNC	D	0.11%	0.54%	0.11%
COP	C	0.4%	0.4%	0.4%
CRM	B	1.3%	1.46%	1.3%
CTSH	B	0.34%	0.76%	0.34%
CVX	A	0.72%	0.67%	0.67%
EBAY	D	0.3%	0.51%	0.3%
EOG	A	0.37%	0.31%	0.31%
EXPE	B	0.27%	0.66%	0.27%
GILD	C	0.6%	0.97%	0.6%
GLPI	C	0.07%	0.16%	0.07%
GOOGL	C	1.89%	3.72%	1.89%
HD	A	1.51%	1.22%	1.22%
HPE	B	0.19%	0.81%	0.19%
HST	C	0.24%	0.17%	0.17%
IBM	C	0.67%	1.09%	0.67%
JNJ	D	1.4%	1.31%	1.31%
KMB	D	0.29%	0.41%	0.29%
LIN	D	0.88%	0.53%	0.53%
LMT	D	0.58%	0.56%	0.56%
MCD	D	0.87%	0.84%	0.84%
META	D	2.07%	2.55%	2.07%
MMM	D	0.33%	0.5%	0.33%
MO	A	0.5%	0.55%	0.5%
MPC	D	0.08%	0.24%	0.08%
MRK	F	0.99%	1.01%	0.99%
MSFT	F	1.72%	6.37%	1.72%
NFG	A	0.17%	0.2%	0.17%
NRG	B	0.15%	0.26%	0.15%
NVDA	C	2.22%	7.33%	2.22%
PG	A	1.33%	1.08%	1.08%
PSA	D	0.35%	0.25%	0.25%
QCOM	F	0.76%	1.0%	0.76%
RPRX	D	0.14%	0.61%	0.14%
SPG	B	0.29%	0.27%	0.27%
SWKS	F	0.18%	0.56%	0.18%
T	A	0.3%	0.62%	0.3%
TRV	B	0.39%	0.68%	0.39%
UGI	A	0.16%	0.18%	0.16%
UNP	C	0.66%	0.61%	0.61%
UPS	C	0.04%	0.55%	0.04%
V	A	1.83%	1.44%	1.44%
VZ	C	0.46%	0.61%	0.46%
WMT	A	0.21%	1.07%	0.21%
XOM	B	1.71%	1.14%	1.14%
ZM	B	0.19%	0.98%	0.19%

JQUA Overweight 225 Positions Relative to FVAL

Symbol	Grade	Weight
MA	C	1.58%
COST	B	1.51%
AVGO	D	1.25%
CSCO	B	1.02%
ORCL	B	0.97%
NOW	A	0.88%
APP	B	0.86%
ABT	B	0.85%
ADBE	C	0.84%
INTU	C	0.82%
KO	D	0.76%
AMAT	F	0.68%
TJX	A	0.63%
PANW	C	0.63%
PLTR	B	0.62%
BLK	C	0.62%
SBUX	A	0.56%
SPGI	C	0.53%
ADI	D	0.53%
MMC	B	0.53%
APH	A	0.51%
WM	A	0.5%
NKE	D	0.48%
CTAS	B	0.47%
CB	C	0.47%
SNPS	B	0.46%
KLAC	D	0.46%
LRCX	F	0.46%
CDNS	B	0.45%
MCO	B	0.44%
ZTS	D	0.44%
ITW	B	0.44%
FTNT	C	0.44%
ORLY	B	0.43%
MAR	B	0.43%
PGR	A	0.43%
DASH	A	0.43%
AON	A	0.42%
CRWD	B	0.41%
GWW	B	0.41%
REGN	F	0.41%
BDX	F	0.4%
AJG	B	0.39%
CL	D	0.39%
AFL	B	0.39%
AMP	A	0.38%
MRVL	B	0.38%
CPRT	A	0.37%
LULU	C	0.37%
ICE	C	0.36%
EA	A	0.35%
IT	C	0.34%
RSG	A	0.34%
MSI	B	0.34%
PAYX	C	0.34%
TEAM	A	0.33%
VRSK	A	0.33%
DECK	A	0.32%
ROST	C	0.31%
DOCU	A	0.31%
A	D	0.31%
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%
ROP	B	0.27%
UTHR	C	0.27%
NVR	D	0.27%
YUM	B	0.27%
FFIV	B	0.27%
MANH	D	0.26%
ALSN	B	0.26%
RNG	B	0.26%
MCHP	D	0.26%
WRB	A	0.25%
WY	D	0.25%
CLH	B	0.25%
SEIC	B	0.25%
WSM	B	0.24%
HOLX	D	0.24%
EW	C	0.24%
KEYS	A	0.24%
DBX	B	0.24%
PAYC	B	0.24%
MCK	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%
CLX	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%
ED	D	0.21%
MAA	B	0.21%
DOX	D	0.21%
EXPD	D	0.21%
ROL	B	0.21%
OGE	B	0.21%
ZS	C	0.2%
TPR	B	0.2%
DT	C	0.2%
LDOS	C	0.2%
TER	D	0.2%
HRB	D	0.2%
DVA	B	0.2%
CBOE	B	0.2%
FNF	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%
PSTG	D	0.19%
NTAP	C	0.18%
AKAM	D	0.18%
PEN	B	0.18%
MPWR	F	0.17%
SOLV	C	0.17%
NTNX	A	0.17%
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%
BBY	D	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%
ULTA	F	0.14%
SMAR	A	0.13%
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%
TSCO	D	0.11%
DV	C	0.11%
MTCH	D	0.11%
AOS	F	0.11%
TPL	A	0.11%
COR	B	0.1%
WH	B	0.1%
CPT	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%
SIRI	C	0.08%
INGR	B	0.08%
PINC	B	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 71 Positions Relative to FVAL

Symbol	Grade	Weight
AMZN	C	-3.88%
JPM	A	-1.84%
UNH	C	-1.69%
BAC	A	-1.13%
WFC	A	-1.08%
MU	D	-0.85%
UAL	A	-0.84%
AXP	A	-0.83%
CI	F	-0.81%
INTC	D	-0.77%
CAT	B	-0.77%
C	A	-0.74%
COF	B	-0.72%
CVS	D	-0.71%
DFS	B	-0.68%
HON	B	-0.68%
SYF	B	-0.67%
ELV	F	-0.67%
GM	B	-0.67%
DAL	C	-0.64%
CMCSA	B	-0.61%
DE	A	-0.59%
JXN	C	-0.56%
PRU	A	-0.56%
LVS	C	-0.55%
RNR	C	-0.54%
PCAR	B	-0.53%
KVUE	A	-0.52%
CMI	A	-0.52%
F	C	-0.51%
OZK	B	-0.51%
EG	C	-0.5%
WYNN	D	-0.5%
G	B	-0.49%
TGT	F	-0.48%
FDX	B	-0.48%
NEE	D	-0.46%
RHI	B	-0.44%
KR	B	-0.43%
OC	A	-0.42%
M	D	-0.39%
AGCO	D	-0.38%
ADM	D	-0.35%
ACI	C	-0.34%
DUK	C	-0.34%
PLD	D	-0.32%
BG	F	-0.32%
PCG	A	-0.29%
PARA	C	-0.28%
EXC	C	-0.26%
ATKR	C	-0.26%
AEP	D	-0.26%
FCX	D	-0.24%
O	D	-0.23%
CBRE	B	-0.23%
VLO	C	-0.22%
VICI	C	-0.2%
NUE	C	-0.19%
NEM	D	-0.19%
BXP	D	-0.18%
DVN	F	-0.18%
STLD	B	-0.18%
JLL	D	-0.17%
WPC	D	-0.16%
ARE	D	-0.16%
DOW	F	-0.16%
LYB	F	-0.15%
CIVI	D	-0.13%
MOS	F	-0.13%
MUR	D	-0.13%
CLF	F	-0.11%

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