JQUA vs. PFM ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to PowerShares Dividend Achievers (PFM)

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

PFM

PowerShares Dividend Achievers

PFM Description

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.68

Average Daily Volume

24,412

Number of Holdings ^*

416

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	PFM
30 Days	4.45%	2.19%
60 Days	5.31%	2.87%
90 Days	7.31%	5.56%
12 Months	31.33%	26.89%

116 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in PFM	Overlap
A	D	0.3%	0.16%	0.16%
AAPL	C	1.92%	3.9%	1.92%
ABBV	D	1.17%	1.27%	1.17%
ABT	B	0.87%	0.88%	0.87%
ACN	C	0.86%	0.95%	0.86%
ADI	D	0.54%	0.45%	0.45%
ADP	B	0.57%	0.53%	0.53%
AFG	A	0.13%	0.05%	0.05%
AFL	B	0.4%	0.27%	0.27%
AJG	B	0.39%	0.28%	0.28%
AMP	A	0.38%	0.24%	0.24%
AMT	D	0.17%	0.4%	0.17%
AON	A	0.42%	0.36%	0.36%
AOS	F	0.11%	0.04%	0.04%
APH	A	0.5%	0.37%	0.37%
ATO	A	0.09%	0.1%	0.09%
AVGO	D	1.19%	3.32%	1.19%
BBY	D	0.14%	0.08%	0.08%
BDX	F	0.39%	0.28%	0.28%
BLK	C	0.63%	0.67%	0.63%
BMY	B	0.62%	0.5%	0.5%
BR	A	0.29%	0.12%	0.12%
BRO	B	0.28%	0.13%	0.13%
CB	C	0.47%	0.5%	0.47%
CBOE	B	0.22%	0.09%	0.09%
CBSH	A	0.19%	0.04%	0.04%
CDW	F	0.16%	0.1%	0.1%
CHD	B	0.15%	0.12%	0.12%
CHE	D	0.21%	0.04%	0.04%
CHRW	C	0.02%	0.06%	0.02%
CL	D	0.41%	0.33%	0.33%
CLX	B	0.23%	0.09%	0.09%
COR	B	0.09%	0.21%	0.09%
COST	B	1.52%	1.76%	1.52%
CSCO	B	1.0%	1.0%	1.0%
CSL	C	0.27%	0.09%	0.09%
CTAS	B	0.46%	0.38%	0.38%
CUBE	D	0.05%	0.05%	0.05%
CVX	A	0.74%	1.27%	0.74%
DCI	B	0.16%	0.04%	0.04%
ED	D	0.22%	0.14%	0.14%
ELS	C	0.14%	0.06%	0.06%
EVRG	A	0.14%	0.06%	0.06%
EXPD	D	0.21%	0.07%	0.07%
EXR	D	0.23%	0.15%	0.15%
FAST	B	0.09%	0.2%	0.09%
FDS	B	0.23%	0.08%	0.08%
FNF	B	0.19%	0.07%	0.07%
GGG	B	0.21%	0.07%	0.07%
GWW	B	0.4%	0.25%	0.25%
HD	A	1.5%	1.76%	1.5%
HIG	B	0.22%	0.15%	0.15%
HPQ	B	0.21%	0.16%	0.16%
IBM	C	0.69%	0.83%	0.69%
ICE	C	0.37%	0.39%	0.37%
IEX	B	0.2%	0.07%	0.07%
INGR	B	0.08%	0.04%	0.04%
INTU	C	0.77%	0.82%	0.77%
ITW	B	0.44%	0.35%	0.35%
JKHY	D	0.14%	0.05%	0.05%
JNJ	D	1.42%	1.61%	1.42%
KLAC	D	0.44%	0.36%	0.36%
KMB	D	0.3%	0.2%	0.2%
KO	D	0.77%	1.15%	0.77%
LECO	B	0.21%	0.05%	0.05%
LIN	D	0.88%	0.93%	0.88%
LMT	D	0.56%	0.55%	0.55%
MA	C	1.57%	2.06%	1.57%
MAA	B	0.21%	0.08%	0.08%
MCD	D	0.86%	0.9%	0.86%
MCHP	D	0.26%	0.15%	0.15%
MCK	B	0.25%	0.34%	0.25%
MCO	B	0.44%	0.37%	0.37%
MMC	B	0.53%	0.48%	0.48%
MMM	D	0.33%	0.31%	0.31%
MO	A	0.52%	0.41%	0.41%
MRK	F	0.99%	1.06%	0.99%
MSFT	F	1.7%	3.91%	1.7%
MSI	B	0.34%	0.35%	0.34%
NDAQ	A	0.29%	0.2%	0.2%
NDSN	B	0.11%	0.06%	0.06%
NFG	A	0.17%	0.02%	0.02%
NKE	D	0.47%	0.39%	0.39%
OGE	B	0.22%	0.04%	0.04%
ORCL	B	0.99%	2.21%	0.99%
PAYX	C	0.34%	0.22%	0.22%
PEG	A	0.13%	0.19%	0.13%
PG	A	1.39%	1.73%	1.39%
POOL	C	0.24%	0.06%	0.06%
PRI	A	0.14%	0.04%	0.04%
QCOM	F	0.74%	0.79%	0.74%
RLI	B	0.1%	0.03%	0.03%
RMD	C	0.3%	0.15%	0.15%
ROP	B	0.26%	0.26%	0.26%
RPM	A	0.15%	0.08%	0.08%
RS	B	0.06%	0.07%	0.06%
RSG	A	0.34%	0.28%	0.28%
SBUX	A	0.55%	0.49%	0.49%
SEIC	B	0.25%	0.05%	0.05%
SPGI	C	0.53%	0.68%	0.53%
STE	F	0.16%	0.09%	0.09%
TRV	B	0.39%	0.26%	0.26%
TSCO	D	0.11%	0.13%	0.11%
UGI	A	0.16%	0.02%	0.02%
UNP	C	0.65%	0.62%	0.62%
UPS	C	0.04%	0.43%	0.04%
V	A	1.84%	2.25%	1.84%
VZ	C	0.48%	0.77%	0.48%
WEC	A	0.3%	0.13%	0.13%
WM	A	0.49%	0.38%	0.38%
WMT	A	0.22%	2.92%	0.22%
WRB	A	0.25%	0.1%	0.1%
WSM	B	0.32%	0.07%	0.07%
WSO	A	0.27%	0.08%	0.08%
XOM	B	1.71%	2.31%	1.71%
ZTS	D	0.44%	0.35%	0.35%

JQUA Overweight 162 Positions Relative to PFM

Symbol	Grade	Weight
NVDA	C	2.24%
META	D	2.04%
BRK.A	B	1.89%
GOOGL	C	1.88%
CRM	B	1.26%
APP	B	1.0%
NOW	A	0.87%
BKNG	A	0.81%
ADBE	C	0.8%
PLTR	B	0.64%
AMAT	F	0.64%
PANW	C	0.63%
TJX	A	0.63%
GILD	C	0.58%
CDNS	B	0.45%
SNPS	B	0.45%
LRCX	F	0.44%
MAR	B	0.43%
PGR	A	0.43%
DASH	A	0.43%
ORLY	B	0.42%
FTNT	C	0.42%
COP	C	0.41%
CRWD	B	0.41%
EOG	A	0.38%
MRVL	B	0.38%
REGN	F	0.38%
EA	A	0.37%
CPRT	A	0.36%
PSA	D	0.36%
LULU	C	0.35%
TEAM	A	0.33%
VRSK	A	0.33%
VRT	B	0.32%
DECK	A	0.32%
CTSH	B	0.32%
IT	C	0.32%
ROST	C	0.31%
T	A	0.31%
DDOG	A	0.31%
DOCU	A	0.3%
ABNB	C	0.29%
SPG	B	0.29%
EBAY	D	0.29%
WDAY	B	0.28%
ACGL	D	0.28%
IDXX	F	0.28%
EXPE	B	0.27%
NVR	D	0.27%
YUM	B	0.27%
FFIV	B	0.27%
KEYS	A	0.26%
CTRA	B	0.25%
UTHR	C	0.25%
WY	D	0.25%
ALSN	B	0.25%
EW	C	0.25%
LEN	D	0.24%
DBX	B	0.24%
HOLX	D	0.24%
PAYC	B	0.24%
CLH	B	0.24%
RNG	B	0.24%
MANH	D	0.24%
LAMR	D	0.23%
TOST	B	0.23%
HST	C	0.23%
SCCO	F	0.22%
TPR	B	0.22%
SNOW	C	0.22%
LOPE	B	0.22%
TWLO	A	0.22%
LSTR	D	0.21%
MEDP	D	0.21%
JAZZ	B	0.21%
DVA	B	0.21%
ROL	B	0.21%
CF	B	0.21%
VRSN	F	0.21%
MTD	D	0.21%
DRI	B	0.21%
PSTG	D	0.2%
TER	D	0.2%
DOX	D	0.2%
BLDR	D	0.19%
PEN	B	0.19%
TYL	B	0.19%
ANSS	B	0.19%
ZS	C	0.19%
DKS	C	0.19%
DT	C	0.19%
LSCC	D	0.19%
HRB	D	0.19%
DLB	B	0.18%
AKAM	D	0.18%
SWKS	F	0.18%
ZM	B	0.18%
HPE	B	0.18%
NTAP	C	0.18%
LDOS	C	0.17%
SOLV	C	0.17%
NTNX	A	0.17%
MSGS	A	0.16%
JBL	B	0.16%
EXP	A	0.16%
MPWR	F	0.16%
GEN	B	0.16%
CRI	D	0.15%
RPRX	D	0.15%
CNM	D	0.15%
PEGA	A	0.15%
TDC	D	0.15%
WMS	D	0.15%
PINS	D	0.15%
EPAM	C	0.15%
AYI	B	0.15%
NRG	B	0.15%
MTSI	B	0.14%
WU	D	0.13%
SSNC	B	0.13%
SMAR	A	0.13%
PCOR	B	0.13%
SAIC	F	0.13%
ULTA	F	0.13%
CNC	D	0.12%
ENTG	D	0.12%
CCI	D	0.12%
PATH	C	0.12%
TPL	A	0.12%
MSM	C	0.12%
SKX	D	0.11%
DV	C	0.11%
BSY	D	0.11%
GWRE	A	0.11%
CRUS	D	0.11%
MTCH	D	0.11%
DXC	B	0.11%
OKTA	C	0.11%
WH	B	0.1%
YETI	C	0.1%
CPT	B	0.1%
BYD	C	0.1%
QRVO	F	0.1%
MPC	D	0.09%
CHH	A	0.09%
ZI	D	0.09%
LPX	B	0.09%
COKE	C	0.09%
IPGP	D	0.09%
OLN	D	0.09%
SIRI	C	0.08%
QGEN	D	0.08%
EQR	B	0.08%
GLPI	C	0.07%
WAT	B	0.06%
PINC	B	0.06%
PHM	D	0.06%
TECH	D	0.05%
GNTX	C	0.04%
AM	A	0.03%
VIRT	B	0.02%
SNX	C	0.0%

JQUA Underweight 300 Positions Relative to PFM

Symbol	Grade	Weight
JPM	A	-3.01%
UNH	C	-2.35%
BAC	A	-1.56%
MS	A	-0.94%
PEP	F	-0.94%
PM	B	-0.88%
TXN	C	-0.82%
CAT	B	-0.81%
GS	A	-0.8%
DHR	F	-0.72%
CMCSA	B	-0.72%
RTX	C	-0.69%
NEE	D	-0.68%
LOW	D	-0.66%
AMGN	D	-0.65%
SYK	C	-0.64%
HON	B	-0.64%
ETN	A	-0.62%
PFE	D	-0.61%
MDT	D	-0.48%
PLD	D	-0.46%
SO	D	-0.42%
SHW	A	-0.41%
TT	A	-0.4%
ELV	F	-0.4%
DUK	C	-0.38%
MDLZ	F	-0.37%
CME	A	-0.35%
PNC	B	-0.35%
GD	F	-0.34%
USB	A	-0.34%
APD	A	-0.32%
EMR	A	-0.32%
NOC	D	-0.31%
TGT	F	-0.31%
ECL	D	-0.3%
CSX	B	-0.29%
EPD	A	-0.29%
TFC	A	-0.27%
BK	A	-0.25%
MET	A	-0.25%
SRE	A	-0.25%
PSX	C	-0.24%
ALL	A	-0.23%
AEP	D	-0.22%
MPLX	A	-0.21%
O	D	-0.21%
CMI	A	-0.21%
PRU	A	-0.2%
LHX	C	-0.2%
DFS	B	-0.19%
KR	B	-0.18%
XEL	A	-0.17%
GLW	B	-0.17%
VMC	B	-0.16%
SYY	B	-0.16%
RJF	A	-0.15%
NUE	C	-0.15%
FITB	A	-0.14%
ROK	B	-0.14%
EIX	B	-0.14%
HUM	C	-0.14%
CAH	B	-0.13%
XYL	D	-0.13%
LYB	F	-0.12%
DOV	A	-0.12%
PPG	F	-0.12%
STT	A	-0.12%
AEE	A	-0.11%
DTE	C	-0.11%
HSY	F	-0.11%
ADM	D	-0.11%
AWK	D	-0.11%
TROW	B	-0.11%
ES	D	-0.1%
WST	C	-0.1%
CINF	A	-0.1%
HUBB	B	-0.1%
RF	A	-0.1%
PFG	D	-0.09%
CMS	C	-0.09%
PKG	A	-0.09%
STLD	B	-0.09%
LII	A	-0.09%
KEY	B	-0.08%
DGX	A	-0.08%
BAH	F	-0.08%
ARE	D	-0.08%
TSN	B	-0.08%
MKC	D	-0.08%
SNA	A	-0.08%
JBHT	C	-0.08%
ERIE	D	-0.08%
ESS	B	-0.08%
RGA	A	-0.07%
DPZ	C	-0.07%
LNT	A	-0.07%
AVY	D	-0.07%
FIX	A	-0.07%
HRL	D	-0.07%
WLK	D	-0.07%
NI	A	-0.07%
MAS	D	-0.07%
GPC	D	-0.07%
SWK	D	-0.06%
UNM	A	-0.06%
REG	B	-0.06%
RNR	C	-0.06%
MORN	B	-0.06%
UDR	B	-0.06%
HEI	B	-0.06%
CASY	A	-0.06%
WTRG	B	-0.05%
ATR	B	-0.05%
EVR	B	-0.05%
BEN	C	-0.05%
RRX	B	-0.05%
AIZ	A	-0.05%
SJM	D	-0.05%
EMN	D	-0.05%
ALB	C	-0.05%
ITT	A	-0.05%
SCI	B	-0.05%
ENSG	D	-0.04%
EGP	F	-0.04%
TTC	D	-0.04%
ZION	B	-0.04%
WTFC	A	-0.04%
CFR	B	-0.04%
REXR	F	-0.04%
RGLD	C	-0.04%
AES	F	-0.04%
ORI	A	-0.04%
GL	B	-0.04%
MKTX	D	-0.04%
LAD	A	-0.04%
AIT	A	-0.04%
CHDN	B	-0.04%
PNW	B	-0.04%
IPG	D	-0.04%
THG	A	-0.03%
TRNO	F	-0.03%
THO	B	-0.03%
FFIN	B	-0.03%
UMBF	B	-0.03%
SIGI	C	-0.03%
LFUS	F	-0.03%
IDA	A	-0.03%
CBT	C	-0.03%
HOMB	A	-0.03%
BMI	B	-0.03%
STAG	F	-0.03%
MSA	D	-0.03%
FAF	A	-0.03%
CADE	B	-0.03%
FR	C	-0.03%
AGCO	D	-0.03%
R	B	-0.03%
OSK	B	-0.03%
AXS	A	-0.03%
WBA	F	-0.03%
BOKF	B	-0.03%
SSD	D	-0.03%
ADC	B	-0.03%
RHI	B	-0.03%
HII	D	-0.03%
NNN	D	-0.03%
PB	A	-0.03%
SSB	B	-0.03%
UFPI	B	-0.03%
WSFS	A	-0.02%
CBU	B	-0.02%
PRGO	B	-0.02%
SR	A	-0.02%
PII	D	-0.02%
MGEE	C	-0.02%
GFF	A	-0.02%
AUB	B	-0.02%
MDU	D	-0.02%
CCOI	B	-0.02%
WDFC	B	-0.02%
ASH	D	-0.02%
BANF	B	-0.02%
ASB	B	-0.02%
FUL	F	-0.02%
CNO	A	-0.02%
BKH	A	-0.02%
IBOC	A	-0.02%
AVNT	B	-0.02%
FLO	D	-0.02%
POR	C	-0.02%
KAI	A	-0.02%
NJR	A	-0.02%
AVT	C	-0.02%
EXPO	D	-0.02%
FELE	B	-0.02%
LANC	C	-0.02%
SON	D	-0.02%
CNS	B	-0.02%
NXST	C	-0.02%
AGO	B	-0.02%
TKR	D	-0.02%
MATX	C	-0.02%
AL	B	-0.02%
GATX	A	-0.02%
DDS	B	-0.02%
OZK	B	-0.02%
BC	C	-0.02%
SWX	B	-0.02%
UBSI	B	-0.02%
BCPC	B	-0.02%
WTS	B	-0.02%
SLGN	A	-0.02%
MSEX	B	-0.01%
GABC	B	-0.01%
TR	B	-0.01%
UVV	B	-0.01%
LNN	B	-0.01%
WABC	B	-0.01%
NWN	A	-0.01%
CSGS	B	-0.01%
TCBK	B	-0.01%
STBA	B	-0.01%
SRCE	B	-0.01%
ANDE	D	-0.01%
TNC	D	-0.01%
HMN	B	-0.01%
DKL	C	-0.01%
SCL	C	-0.01%
GTY	B	-0.01%
SJW	D	-0.01%
APOG	B	-0.01%
LKFN	B	-0.01%
NHC	C	-0.01%
CHCO	B	-0.01%
AGM	C	-0.01%
WOR	F	-0.01%
WSBC	A	-0.01%
SYBT	B	-0.01%
HI	C	-0.01%
NBTB	B	-0.01%
LMAT	A	-0.01%
MTRN	C	-0.01%
SXI	B	-0.01%
HNI	B	-0.01%
FRME	B	-0.01%
TOWN	B	-0.01%
HWKN	B	-0.01%
NSP	D	-0.01%
ABR	C	-0.01%
CPK	A	-0.01%
CWT	D	-0.01%
WAFD	B	-0.01%
IOSP	B	-0.01%
MAN	D	-0.01%
AVA	A	-0.01%
INDB	B	-0.01%
SFNC	B	-0.01%
TRN	C	-0.01%
KWR	C	-0.01%
AWR	B	-0.01%
BRC	D	-0.01%
JJSF	B	-0.01%
OTTR	C	-0.01%
NWE	B	-0.01%
POWI	D	-0.01%
FIBK	A	-0.01%
ABM	B	-0.01%
JOUT	D	-0.0%
FLIC	B	-0.0%
ARTNA	D	-0.0%
HVT	D	-0.0%
ODC	C	-0.0%
BMRC	B	-0.0%
CTO	B	-0.0%
YORW	D	-0.0%
AROW	B	-0.0%
UHT	D	-0.0%
THFF	B	-0.0%
PLOW	D	-0.0%
HIFS	B	-0.0%
CASS	B	-0.0%
SPTN	D	-0.0%
WASH	C	-0.0%
MATW	C	-0.0%
GSBC	B	-0.0%
SMBC	B	-0.0%
HY	D	-0.0%
MBWM	B	-0.0%
HBNC	B	-0.0%
MNRO	D	-0.0%
FCBC	B	-0.0%
HFWA	B	-0.0%
SCVL	F	-0.0%
PFC	A	-0.0%
GRC	A	-0.0%
SBSI	B	-0.0%
CTBI	B	-0.0%
TMP	B	-0.0%
AMSF	B	-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