JQUA vs. IETC ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to iShares Evolved U.S. Technology ETF (IETC)

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

$56.66

Average Daily Volume

435,603

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.95

Average Daily Volume

16,529

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	IETC
30 Days	3.81%	7.72%
60 Days	10.81%	15.42%
90 Days	6.49%	2.42%
12 Months	33.74%	48.78%

67 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in IETC	Overlap
AAPL	C	1.96%	2.39%	1.96%
ABNB	D	0.28%	0.63%	0.28%
ACN	B	0.88%	5.28%	0.88%
ADBE	F	0.84%	1.15%	0.84%
ADP	A	0.54%	0.06%	0.06%
AKAM	D	0.21%	0.16%	0.16%
ANSS	D	0.18%	0.37%	0.18%
AON	A	0.39%	0.1%	0.1%
AVGO	B	1.33%	9.75%	1.33%
BBY	C	0.17%	0.07%	0.07%
BSY	D	0.12%	0.17%	0.12%
CBOE	B	0.22%	0.07%	0.07%
CDNS	D	0.42%	1.65%	0.42%
CDW	D	0.21%	0.72%	0.21%
CL	D	0.46%	0.04%	0.04%
CRM	B	1.09%	5.36%	1.09%
CRWD	D	0.34%	0.42%	0.34%
CSCO	A	0.94%	2.36%	0.94%
DASH	A	0.37%	0.17%	0.17%
DDOG	B	0.27%	0.14%	0.14%
DXC	C	0.11%	0.04%	0.04%
EA	D	0.32%	0.11%	0.11%
FDS	C	0.22%	0.57%	0.22%
FTNT	A	0.36%	0.19%	0.19%
GOOGL	B	1.78%	2.15%	1.78%
IBM	A	0.73%	2.35%	0.73%
ICE	A	0.38%	1.61%	0.38%
INTU	F	0.77%	0.06%	0.06%
IT	A	0.33%	0.59%	0.33%
JKHY	A	0.15%	0.14%	0.14%
KEYS	B	0.25%	0.18%	0.18%
KLAC	B	0.59%	0.21%	0.21%
LMT	A	0.62%	0.44%	0.44%
LRCX	D	0.55%	0.18%	0.18%
MA	A	1.54%	0.88%	0.88%
MANH	A	0.26%	1.28%	0.26%
MCO	D	0.45%	0.34%	0.34%
META	A	2.1%	1.75%	1.75%
MMC	D	0.55%	0.18%	0.18%
MPWR	B	0.27%	0.85%	0.27%
MSFT	D	1.81%	8.9%	1.81%
MSI	A	0.32%	2.15%	0.32%
NDAQ	C	0.27%	0.08%	0.08%
NOW	B	0.78%	1.77%	0.78%
NTAP	D	0.19%	1.03%	0.19%
NVDA	B	1.96%	6.13%	1.96%
ORCL	A	0.89%	4.16%	0.89%
PINS	D	0.17%	0.16%	0.16%
PLTR	A	0.39%	0.36%	0.36%
QCOM	D	0.85%	1.4%	0.85%
QRVO	F	0.17%	0.1%	0.1%
SAIC	A	0.15%	0.06%	0.06%
SMAR	A	0.13%	0.01%	0.01%
SNOW	F	0.19%	0.37%	0.19%
SNPS	F	0.44%	0.18%	0.18%
SPGI	C	0.55%	0.74%	0.55%
SSNC	C	0.13%	0.71%	0.13%
TEAM	D	0.22%	0.54%	0.22%
TER	C	0.27%	0.13%	0.13%
TOST	B	0.15%	0.01%	0.01%
TYL	D	0.19%	0.58%	0.19%
VRSK	D	0.32%	0.58%	0.32%
VRSN	C	0.23%	1.16%	0.23%
VRT	B	0.24%	0.08%	0.08%
WDAY	D	0.27%	0.87%	0.27%
ZI	F	0.09%	0.02%	0.02%
ZM	B	0.16%	0.49%	0.16%

JQUA Overweight 208 Positions Relative to IETC

Symbol	Grade	Weight
BRK.A	B	1.88%
V	B	1.67%
XOM	A	1.65%
JNJ	D	1.54%
COST	C	1.52%
HD	A	1.52%
PG	D	1.44%
ABBV	C	1.37%
MRK	F	1.18%
LIN	C	0.97%
MCD	A	0.92%
KO	C	0.9%
ABT	C	0.86%
AMAT	C	0.81%
UNP	F	0.7%
BKNG	B	0.7%
CVX	B	0.67%
TJX	D	0.64%
ADI	B	0.61%
BLK	A	0.59%
NKE	D	0.58%
GILD	A	0.56%
SBUX	B	0.56%
BMY	A	0.55%
REGN	D	0.55%
PANW	B	0.55%
VZ	C	0.52%
CB	A	0.5%
ZTS	C	0.5%
WM	B	0.48%
APH	D	0.48%
MO	D	0.48%
CTAS	C	0.45%
ITW	C	0.44%
BDX	C	0.43%
PGR	B	0.43%
ORLY	A	0.42%
APP	A	0.4%
AFL	A	0.4%
MAR	A	0.39%
PSA	C	0.39%
COP	D	0.38%
AJG	C	0.38%
GWW	B	0.37%
MMM	C	0.37%
TRV	B	0.37%
EOG	B	0.35%
ROST	D	0.35%
IDXX	D	0.35%
A	B	0.35%
CPRT	B	0.34%
AMP	A	0.33%
CTSH	B	0.33%
MCHP	F	0.33%
RSG	D	0.33%
ACGL	A	0.33%
EBAY	A	0.32%
MRVL	C	0.32%
PAYX	B	0.32%
KMB	D	0.32%
RMD	C	0.31%
LULU	D	0.31%
WEC	B	0.3%
NVR	C	0.3%
T	B	0.3%
WSM	C	0.29%
YUM	C	0.29%
DECK	B	0.29%
BR	B	0.28%
WY	C	0.28%
SPG	A	0.28%
CSL	A	0.28%
MTD	C	0.28%
ROP	D	0.27%
BRO	A	0.27%
WSO	C	0.26%
EXR	D	0.26%
FFIV	B	0.26%
SCCO	B	0.26%
LEN	C	0.26%
HOLX	D	0.25%
UTHR	C	0.25%
HST	D	0.25%
POOL	D	0.25%
EXPD	D	0.24%
WRB	C	0.24%
CLH	B	0.24%
EW	F	0.24%
DOCU	A	0.24%
LAMR	C	0.24%
HIG	A	0.23%
DBX	C	0.23%
DRI	C	0.23%
CLX	C	0.23%
EXPE	B	0.23%
CHE	D	0.23%
ED	C	0.23%
ROL	C	0.22%
CTRA	D	0.22%
LSTR	F	0.22%
DOX	B	0.22%
DKS	D	0.22%
RNG	F	0.22%
SEIC	B	0.22%
HRB	C	0.22%
SWKS	F	0.22%
WMT	A	0.21%
BLDR	C	0.21%
LECO	D	0.21%
OGE	C	0.21%
LSCC	D	0.21%
GGG	C	0.21%
MEDP	F	0.21%
ALSN	A	0.21%
HPQ	B	0.21%
DVA	C	0.21%
MAA	D	0.21%
JAZZ	F	0.2%
AMT	D	0.2%
IEX	D	0.2%
LOPE	D	0.2%
DT	B	0.2%
CF	A	0.2%
PSTG	F	0.2%
PAYC	D	0.19%
WMS	D	0.19%
TPR	B	0.19%
FNF	C	0.19%
CRI	D	0.19%
MCK	F	0.19%
STE	D	0.18%
HPE	B	0.18%
ZS	F	0.17%
CBSH	D	0.17%
DLB	D	0.17%
LDOS	A	0.17%
UGI	C	0.17%
NFG	A	0.17%
SOLV	C	0.17%
JBL	C	0.16%
ULTA	D	0.16%
RPRX	D	0.16%
DCI	B	0.16%
CNC	F	0.15%
NRG	A	0.15%
WU	D	0.15%
MSGS	A	0.15%
TWLO	B	0.15%
CNM	F	0.15%
TDC	D	0.15%
NTNX	C	0.15%
EXP	C	0.15%
PEN	D	0.15%
MSM	D	0.14%
CCI	D	0.14%
CRUS	D	0.14%
CHD	D	0.14%
ELS	D	0.14%
MTCH	B	0.14%
EVRG	C	0.14%
ENTG	D	0.14%
RPM	A	0.14%
AOS	C	0.14%
SKX	B	0.13%
PEGA	B	0.13%
PEG	A	0.13%
PRI	A	0.13%
MTSI	B	0.13%
EPAM	F	0.13%
AYI	A	0.13%
AFG	A	0.13%
PCOR	D	0.12%
OKTA	F	0.12%
TSCO	A	0.12%
PATH	D	0.12%
CPT	C	0.11%
YETI	C	0.11%
OLN	D	0.11%
NDSN	C	0.11%
BYD	B	0.1%
DV	F	0.1%
GWRE	A	0.1%
EQR	C	0.09%
LPX	C	0.09%
ATO	A	0.09%
MPC	D	0.09%
QGEN	F	0.09%
RLI	A	0.09%
IPGP	D	0.09%
COKE	C	0.09%
TPL	A	0.08%
FAST	C	0.08%
INGR	B	0.08%
CHH	A	0.08%
WH	C	0.08%
GLPI	C	0.07%
PHM	C	0.07%
CUBE	C	0.06%
PINC	F	0.06%
TECH	D	0.06%
RS	D	0.06%
WAT	B	0.06%
GNTX	D	0.05%
UPS	D	0.04%
AM	A	0.03%
CHRW	C	0.02%
VIRT	B	0.01%
SNX	C	0.0%

JQUA Underweight 57 Positions Relative to IETC

Symbol	Grade	Weight
AMZN	C	-9.07%
GOOG	B	-1.83%
GPN	F	-0.93%
PH	A	-0.89%
AMD	C	-0.83%
EQIX	C	-0.72%
ADSK	B	-0.63%
ANET	A	-0.58%
TTD	A	-0.54%
MU	D	-0.43%
CSGP	F	-0.37%
COIN	F	-0.32%
TXN	C	-0.3%
CPAY	A	-0.28%
G	A	-0.27%
UBER	C	-0.25%
TTEK	A	-0.25%
BAH	C	-0.21%
SQ	D	-0.19%
TRU	C	-0.18%
IRM	B	-0.17%
QLYS	F	-0.15%
IQV	F	-0.15%
OMC	C	-0.15%
CACI	A	-0.15%
MSTR	B	-0.14%
NSIT	B	-0.13%
HUBS	D	-0.11%
IPG	D	-0.11%
MSCI	B	-0.11%
VEEV	C	-0.1%
SLB	D	-0.09%
SMCI	F	-0.07%
SLAB	D	-0.07%
SNAP	D	-0.07%
ROK	D	-0.07%
HOOD	B	-0.07%
FBIN	C	-0.07%
DELL	C	-0.06%
CPNG	C	-0.06%
CFLT	F	-0.06%
JNPR	C	-0.06%
LPLA	D	-0.05%
ILMN	B	-0.05%
DOCN	B	-0.05%
TDY	A	-0.05%
MMS	C	-0.05%
ENPH	F	-0.04%
APPN	C	-0.04%
XYL	C	-0.03%
BILL	D	-0.03%
GLW	C	-0.03%
RIVN	F	-0.01%
GDDY	B	-0.01%
GRAL	F	-0.0%
ALGN	D	-0.0%
FTV	C	-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

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Advertising Agencies Computer Systems Insurance Brokers Internet Content & Information Specialty Retail Aerospace & Defense Auto Manufacturers