JQUA vs. SSPY ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to Syntax Stratified LargeCap ETF (SSPY)

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

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$82.04

Average Daily Volume

2,303

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	SSPY
30 Days	4.45%	4.23%
60 Days	5.31%	1.79%
90 Days	7.31%	3.72%
12 Months	31.33%	23.81%

178 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in SSPY	Overlap
A	D	0.3%	0.15%	0.15%
AAPL	C	1.92%	0.5%	0.5%
ABBV	D	1.17%	0.24%	0.24%
ABNB	C	0.29%	0.12%	0.12%
ABT	B	0.87%	0.06%	0.06%
ACGL	D	0.28%	0.14%	0.14%
ACN	C	0.86%	0.13%	0.13%
ADBE	C	0.8%	0.16%	0.16%
ADI	D	0.54%	0.22%	0.22%
ADP	B	0.57%	0.21%	0.21%
AFL	B	0.4%	0.2%	0.2%
AJG	B	0.39%	0.03%	0.03%
AKAM	D	0.18%	0.27%	0.18%
AMAT	F	0.64%	0.18%	0.18%
AMP	A	0.38%	0.08%	0.08%
AMT	D	0.17%	0.06%	0.06%
ANSS	B	0.19%	0.17%	0.17%
AON	A	0.42%	0.04%	0.04%
AOS	F	0.11%	0.21%	0.11%
APH	A	0.5%	0.19%	0.19%
ATO	A	0.09%	0.33%	0.09%
AVGO	D	1.19%	0.23%	0.23%
BBY	D	0.14%	0.17%	0.14%
BDX	F	0.39%	0.05%	0.05%
BKNG	A	0.81%	0.11%	0.11%
BLDR	D	0.19%	0.19%	0.19%
BLK	C	0.63%	0.08%	0.08%
BMY	B	0.62%	0.25%	0.25%
BR	A	0.29%	0.11%	0.11%
BRK.A	B	1.89%	0.5%	0.5%
BRO	B	0.28%	0.04%	0.04%
CB	C	0.47%	0.14%	0.14%
CBOE	B	0.22%	0.04%	0.04%
CCI	D	0.12%	0.06%	0.06%
CDNS	B	0.45%	0.33%	0.33%
CDW	F	0.16%	0.13%	0.13%
CF	B	0.21%	0.09%	0.09%
CHD	B	0.15%	0.42%	0.15%
CHRW	C	0.02%	0.09%	0.02%
CL	D	0.41%	0.41%	0.41%
CLX	B	0.23%	0.41%	0.23%
CNC	D	0.12%	0.26%	0.12%
COP	C	0.41%	0.07%	0.07%
COR	B	0.09%	0.18%	0.09%
COST	B	1.52%	0.71%	0.71%
CPRT	A	0.36%	0.23%	0.23%
CPT	B	0.1%	0.11%	0.1%
CRM	B	1.26%	0.35%	0.35%
CRWD	B	0.41%	0.18%	0.18%
CSCO	B	1.0%	0.21%	0.21%
CTAS	B	0.46%	0.18%	0.18%
CTRA	B	0.25%	0.17%	0.17%
CTSH	B	0.32%	0.13%	0.13%
CVX	A	0.74%	0.76%	0.74%
DECK	A	0.32%	0.3%	0.3%
DRI	B	0.21%	0.51%	0.21%
DVA	B	0.21%	0.11%	0.11%
EA	A	0.37%	0.49%	0.37%
EBAY	D	0.29%	0.22%	0.22%
ED	D	0.22%	0.24%	0.22%
EOG	A	0.38%	0.07%	0.07%
EPAM	C	0.15%	0.13%	0.13%
EQR	B	0.08%	0.1%	0.08%
EVRG	A	0.14%	0.08%	0.08%
EW	C	0.25%	0.06%	0.06%
EXPD	D	0.21%	0.09%	0.09%
EXPE	B	0.27%	0.12%	0.12%
EXR	D	0.23%	0.11%	0.11%
FAST	B	0.09%	0.13%	0.09%
FDS	B	0.23%	0.04%	0.04%
FFIV	B	0.27%	0.21%	0.21%
FTNT	C	0.42%	0.17%	0.17%
GEN	B	0.16%	0.17%	0.16%
GILD	C	0.58%	0.25%	0.25%
GOOGL	C	1.88%	0.23%	0.23%
GWW	B	0.4%	0.12%	0.12%
HD	A	1.5%	0.26%	0.26%
HIG	B	0.22%	0.14%	0.14%
HOLX	D	0.24%	0.1%	0.1%
HPE	B	0.18%	0.19%	0.18%
HPQ	B	0.21%	0.35%	0.21%
HST	C	0.23%	0.11%	0.11%
IBM	C	0.69%	0.34%	0.34%
ICE	C	0.37%	0.04%	0.04%
IDXX	F	0.28%	0.1%	0.1%
IEX	B	0.2%	0.2%	0.2%
INTU	C	0.77%	0.2%	0.2%
IT	C	0.32%	0.13%	0.13%
ITW	B	0.44%	0.17%	0.17%
JBL	B	0.16%	0.38%	0.16%
JKHY	D	0.14%	0.05%	0.05%
JNJ	D	1.42%	0.24%	0.24%
KEYS	A	0.26%	0.21%	0.21%
KLAC	D	0.44%	0.17%	0.17%
KMB	D	0.3%	0.42%	0.3%
KO	D	0.77%	0.25%	0.25%
LDOS	C	0.17%	0.13%	0.13%
LEN	D	0.24%	0.25%	0.24%
LIN	D	0.88%	0.04%	0.04%
LMT	D	0.56%	0.09%	0.09%
LULU	C	0.35%	0.31%	0.31%
MA	C	1.57%	0.04%	0.04%
MAA	B	0.21%	0.1%	0.1%
MAR	B	0.43%	0.12%	0.12%
MCD	D	0.86%	0.5%	0.5%
MCHP	D	0.26%	0.14%	0.14%
MCK	B	0.25%	0.18%	0.18%
MCO	B	0.44%	0.04%	0.04%
META	D	2.04%	0.47%	0.47%
MMC	B	0.53%	0.04%	0.04%
MMM	D	0.33%	0.17%	0.17%
MO	A	0.52%	0.35%	0.35%
MPC	D	0.09%	0.49%	0.09%
MPWR	F	0.16%	0.22%	0.16%
MRK	F	0.99%	0.24%	0.24%
MSFT	F	1.7%	0.32%	0.32%
MSI	B	0.34%	0.49%	0.34%
MTCH	D	0.11%	0.47%	0.11%
MTD	D	0.21%	0.15%	0.15%
NDAQ	A	0.29%	0.04%	0.04%
NDSN	B	0.11%	0.03%	0.03%
NKE	D	0.47%	0.33%	0.33%
NOW	A	0.87%	0.22%	0.22%
NRG	B	0.15%	0.33%	0.15%
NTAP	C	0.18%	0.17%	0.17%
NVDA	C	2.24%	0.13%	0.13%
NVR	D	0.27%	0.26%	0.26%
ORCL	B	0.99%	0.34%	0.34%
ORLY	B	0.42%	0.14%	0.14%
PANW	C	0.63%	0.16%	0.16%
PAYC	B	0.24%	0.22%	0.22%
PAYX	C	0.34%	0.21%	0.21%
PEG	A	0.13%	0.26%	0.13%
PG	A	1.39%	0.42%	0.42%
PGR	A	0.43%	0.19%	0.19%
PHM	D	0.06%	0.25%	0.06%
PLTR	B	0.64%	0.23%	0.23%
POOL	C	0.24%	0.13%	0.13%
PSA	D	0.36%	0.11%	0.11%
QCOM	F	0.74%	0.22%	0.22%
QRVO	F	0.1%	0.21%	0.1%
REGN	F	0.38%	0.22%	0.22%
RMD	C	0.3%	0.09%	0.09%
ROL	B	0.21%	0.18%	0.18%
ROP	B	0.26%	0.03%	0.03%
ROST	C	0.31%	0.72%	0.31%
RSG	A	0.34%	0.18%	0.18%
SBUX	A	0.55%	0.48%	0.48%
SNPS	B	0.45%	0.34%	0.34%
SOLV	C	0.17%	0.05%	0.05%
SPG	B	0.29%	0.07%	0.07%
SPGI	C	0.53%	0.04%	0.04%
STE	F	0.16%	0.12%	0.12%
SWKS	F	0.18%	0.21%	0.18%
T	A	0.31%	0.33%	0.31%
TECH	D	0.05%	0.15%	0.05%
TER	D	0.2%	0.17%	0.17%
TJX	A	0.63%	0.72%	0.63%
TPR	B	0.22%	0.33%	0.22%
TRV	B	0.39%	0.14%	0.14%
TSCO	D	0.11%	0.12%	0.11%
TYL	B	0.19%	0.22%	0.19%
ULTA	F	0.13%	0.17%	0.13%
UNP	C	0.65%	0.08%	0.08%
UPS	C	0.04%	0.09%	0.04%
V	A	1.84%	0.04%	0.04%
VRSK	A	0.33%	0.04%	0.04%
VRSN	F	0.21%	0.27%	0.21%
VZ	C	0.48%	0.33%	0.33%
WAT	B	0.06%	0.15%	0.06%
WEC	A	0.3%	0.07%	0.07%
WM	A	0.49%	0.18%	0.18%
WMT	A	0.22%	0.73%	0.22%
WRB	A	0.25%	0.14%	0.14%
WY	D	0.25%	0.17%	0.17%
XOM	B	1.71%	0.77%	0.77%
YUM	B	0.27%	0.51%	0.27%
ZTS	D	0.44%	0.25%	0.25%

JQUA Overweight 100 Positions Relative to SSPY

Symbol	Grade	Weight
APP	B	1.0%
LRCX	F	0.44%
DASH	A	0.43%
MRVL	B	0.38%
TEAM	A	0.33%
VRT	B	0.32%
WSM	B	0.32%
DDOG	A	0.31%
DOCU	A	0.3%
WDAY	B	0.28%
WSO	A	0.27%
CSL	C	0.27%
UTHR	C	0.25%
SEIC	B	0.25%
ALSN	B	0.25%
DBX	B	0.24%
CLH	B	0.24%
RNG	B	0.24%
MANH	D	0.24%
LAMR	D	0.23%
TOST	B	0.23%
SCCO	F	0.22%
OGE	B	0.22%
SNOW	C	0.22%
LOPE	B	0.22%
TWLO	A	0.22%
LSTR	D	0.21%
CHE	D	0.21%
MEDP	D	0.21%
JAZZ	B	0.21%
GGG	B	0.21%
LECO	B	0.21%
PSTG	D	0.2%
DOX	D	0.2%
FNF	B	0.19%
PEN	B	0.19%
ZS	C	0.19%
DKS	C	0.19%
CBSH	A	0.19%
DT	C	0.19%
LSCC	D	0.19%
HRB	D	0.19%
DLB	B	0.18%
ZM	B	0.18%
NTNX	A	0.17%
NFG	A	0.17%
MSGS	A	0.16%
EXP	A	0.16%
DCI	B	0.16%
UGI	A	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%
AYI	B	0.15%
RPM	A	0.15%
ELS	C	0.14%
PRI	A	0.14%
MTSI	B	0.14%
WU	D	0.13%
SSNC	B	0.13%
SMAR	A	0.13%
PCOR	B	0.13%
SAIC	F	0.13%
AFG	A	0.13%
ENTG	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%
DXC	B	0.11%
OKTA	C	0.11%
WH	B	0.1%
YETI	C	0.1%
RLI	B	0.1%
BYD	C	0.1%
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%
INGR	B	0.08%
QGEN	D	0.08%
GLPI	C	0.07%
RS	B	0.06%
PINC	B	0.06%
CUBE	D	0.05%
GNTX	C	0.04%
AM	A	0.03%
VIRT	B	0.02%
SNX	C	0.0%

JQUA Underweight 322 Positions Relative to SSPY

Symbol	Grade	Weight
SYY	B	-0.75%
KR	B	-0.74%
COF	B	-0.7%
SYF	B	-0.69%
CVS	D	-0.69%
DFS	B	-0.69%
WBA	F	-0.64%
CMCSA	B	-0.52%
DPZ	C	-0.52%
PSX	C	-0.51%
VLO	C	-0.5%
EL	F	-0.5%
CMG	B	-0.5%
TTWO	A	-0.49%
L	A	-0.49%
CHTR	C	-0.47%
KVUE	A	-0.42%
BWA	D	-0.42%
VST	B	-0.41%
APTV	D	-0.4%
J	F	-0.4%
PWR	A	-0.4%
CEG	D	-0.38%
ADM	D	-0.37%
BG	F	-0.37%
TSN	B	-0.36%
HRL	D	-0.36%
SLB	C	-0.35%
PM	B	-0.35%
BKR	B	-0.35%
IPG	D	-0.34%
OMC	C	-0.34%
HAL	C	-0.34%
TMUS	B	-0.33%
GRMN	B	-0.33%
NI	A	-0.33%
HCA	F	-0.33%
AES	F	-0.32%
AWK	D	-0.32%
UHS	D	-0.32%
RL	B	-0.32%
FCX	D	-0.3%
EXC	C	-0.3%
TSLA	B	-0.28%
DAL	C	-0.28%
UAL	A	-0.28%
SWK	D	-0.27%
GDDY	A	-0.27%
EQIX	A	-0.27%
STLD	B	-0.27%
CNP	B	-0.26%
HUBB	B	-0.26%
ENPH	F	-0.26%
NUE	C	-0.26%
LOW	D	-0.26%
HAS	D	-0.26%
MS	A	-0.26%
UNH	C	-0.26%
HUM	C	-0.26%
DLR	B	-0.26%
ETN	A	-0.26%
GM	B	-0.25%
WMB	A	-0.25%
NEM	D	-0.25%
DTE	C	-0.25%
F	C	-0.25%
CTLT	B	-0.25%
MOH	F	-0.25%
EIX	B	-0.25%
STZ	D	-0.25%
SNA	A	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
INCY	C	-0.25%
RJF	A	-0.25%
GS	A	-0.25%
SCHW	B	-0.25%
MRNA	F	-0.24%
AMGN	D	-0.24%
DHI	D	-0.24%
AEP	D	-0.24%
D	C	-0.24%
TRGP	B	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
PFE	D	-0.24%
KDP	D	-0.24%
BIIB	F	-0.24%
NEE	D	-0.24%
ELV	F	-0.24%
ON	D	-0.23%
GOOG	C	-0.23%
TXN	C	-0.23%
LLY	F	-0.23%
VRTX	F	-0.23%
NXPI	D	-0.23%
NFLX	A	-0.22%
LW	C	-0.22%
AMZN	C	-0.22%
DAY	B	-0.22%
ANET	C	-0.21%
DIS	B	-0.21%
PFG	D	-0.21%
MKC	D	-0.21%
KHC	F	-0.21%
SJM	D	-0.21%
GIS	D	-0.21%
MET	A	-0.21%
CAG	D	-0.21%
ALL	A	-0.2%
GL	B	-0.2%
AIG	B	-0.2%
IR	B	-0.2%
JNPR	F	-0.2%
PARA	C	-0.2%
CPB	D	-0.2%
PRU	A	-0.2%
AIZ	A	-0.2%
ERIE	D	-0.2%
HSIC	B	-0.2%
FSLR	F	-0.2%
MHK	D	-0.19%
CI	F	-0.19%
XYL	D	-0.19%
CAH	B	-0.19%
TEL	B	-0.19%
MAS	D	-0.19%
WBD	C	-0.19%
PNR	A	-0.19%
GLW	B	-0.19%
BBWI	D	-0.19%
PEP	F	-0.18%
HSY	F	-0.18%
GEV	B	-0.18%
EQT	B	-0.18%
MDLZ	F	-0.18%
K	A	-0.18%
HON	B	-0.17%
TGT	F	-0.17%
ADSK	A	-0.17%
DG	F	-0.17%
DOV	A	-0.17%
GE	D	-0.17%
MLM	B	-0.17%
DLTR	F	-0.17%
DELL	C	-0.17%
PTC	A	-0.17%
VMC	B	-0.17%
STX	D	-0.17%
WDC	D	-0.17%
INTC	D	-0.16%
DVN	F	-0.16%
GD	F	-0.16%
BA	F	-0.16%
LH	C	-0.16%
TXT	D	-0.16%
DGX	A	-0.16%
SMCI	F	-0.15%
GPC	D	-0.15%
MU	D	-0.15%
AZO	C	-0.14%
CAT	B	-0.14%
IQV	D	-0.14%
TMO	F	-0.14%
URI	B	-0.14%
CINF	A	-0.14%
CRL	C	-0.14%
AMD	F	-0.14%
KMX	B	-0.14%
EG	C	-0.14%
LKQ	D	-0.14%
BALL	D	-0.13%
JPM	A	-0.13%
PCAR	B	-0.13%
AMCR	D	-0.13%
AME	A	-0.13%
DE	A	-0.13%
WFC	A	-0.13%
ZBRA	B	-0.13%
C	A	-0.13%
WAB	B	-0.13%
STT	A	-0.12%
HLT	A	-0.12%
SYK	C	-0.12%
ISRG	A	-0.12%
ZBH	C	-0.12%
BAC	A	-0.12%
ARE	D	-0.11%
VTR	C	-0.11%
WELL	A	-0.11%
DOC	D	-0.11%
BXP	D	-0.11%
UBER	D	-0.11%
BK	A	-0.11%
DXCM	D	-0.1%
PODD	C	-0.1%
DHR	F	-0.1%
NWSA	B	-0.1%
NWS	B	-0.1%
ESS	B	-0.1%
RVTY	F	-0.1%
ALGN	D	-0.1%
INVH	D	-0.1%
GEHC	F	-0.1%
AVB	B	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
FOXA	B	-0.1%
TROW	B	-0.09%
FMC	D	-0.09%
BEN	C	-0.09%
NOC	D	-0.09%
AXON	A	-0.09%
RCL	A	-0.09%
CCL	B	-0.09%
KKR	A	-0.09%
NCLH	B	-0.09%
LYV	A	-0.09%
IVZ	B	-0.09%
ALLE	D	-0.08%
CMS	C	-0.08%
PCG	A	-0.08%
SO	D	-0.08%
SRE	A	-0.08%
XEL	A	-0.08%
HWM	A	-0.08%
PPL	B	-0.08%
LNT	A	-0.08%
AEE	A	-0.08%
CARR	D	-0.08%
TDG	D	-0.08%
JCI	C	-0.08%
PH	A	-0.08%
CMI	A	-0.08%
NSC	B	-0.08%
OTIS	C	-0.08%
GNRC	B	-0.08%
WYNN	D	-0.08%
ODFL	B	-0.08%
RTX	C	-0.08%
HII	D	-0.08%
BX	A	-0.08%
NTRS	A	-0.08%
LHX	C	-0.08%
LVS	C	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CSX	B	-0.08%
CTVA	C	-0.08%
O	D	-0.07%
LYB	F	-0.07%
SW	A	-0.07%
PPG	F	-0.07%
FANG	D	-0.07%
OXY	D	-0.07%
CZR	F	-0.07%
MRO	B	-0.07%
MGM	D	-0.07%
DOW	F	-0.07%
APA	D	-0.07%
HES	B	-0.07%
PNW	B	-0.07%
FDX	B	-0.07%
CE	F	-0.07%
ES	D	-0.07%
TT	A	-0.07%
DUK	C	-0.07%
TFC	A	-0.06%
CFG	B	-0.06%
HBAN	A	-0.06%
FI	A	-0.06%
USB	A	-0.06%
FITB	A	-0.06%
PNC	B	-0.06%
KEY	B	-0.06%
RF	A	-0.06%
MTB	A	-0.06%
MDT	D	-0.06%
AVY	D	-0.06%
PYPL	B	-0.06%
BSX	B	-0.06%
IP	B	-0.06%
PKG	A	-0.06%
REG	B	-0.06%
KIM	A	-0.06%
PLD	D	-0.06%
FRT	B	-0.06%
SHW	A	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
IRM	D	-0.06%
FICO	B	-0.05%
IFF	D	-0.05%
ECL	D	-0.05%
BAX	D	-0.05%
APD	A	-0.05%
TFX	F	-0.05%
WST	C	-0.05%
EMN	D	-0.05%
DD	D	-0.05%
ALB	C	-0.05%
FIS	C	-0.05%
EFX	F	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
GPN	B	-0.04%
MSCI	C	-0.04%
CPAY	A	-0.04%
AXP	A	-0.04%
MKTX	D	-0.04%
CME	A	-0.04%
VLTO	D	-0.03%
ROK	B	-0.03%
TDY	B	-0.03%
EMR	A	-0.03%
TRMB	B	-0.03%
FTV	C	-0.03%
WTW	B	-0.03%

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