JQUA vs. USMF ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to WisdomTree U.S. Multifactor Fund (USMF)

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

$56.27

Average Daily Volume

437,000

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.53

Average Daily Volume

23,364

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	USMF
30 Days	2.68%	2.18%
60 Days	5.38%	4.60%
90 Days	5.83%	6.66%
12 Months	28.57%	25.77%

76 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in USMF	Overlap
ABBV	C	1.46%	0.51%	0.51%
AFG	B	0.14%	0.35%	0.14%
AFL	C	0.46%	0.44%	0.44%
AKAM	D	0.2%	1.18%	0.2%
ALSN	B	0.19%	0.31%	0.19%
AMP	A	0.31%	0.37%	0.31%
APP	C	0.29%	0.61%	0.29%
AYI	B	0.1%	0.29%	0.1%
BMY	C	0.56%	0.43%	0.43%
BRK.A	C	2.18%	0.43%	0.43%
CBOE	C	0.25%	0.45%	0.25%
CHE	C	0.22%	0.37%	0.22%
CL	D	0.52%	0.44%	0.44%
CNC	D	0.19%	0.32%	0.19%
CNM	F	0.11%	0.2%	0.11%
CRUS	D	0.14%	0.84%	0.14%
CSCO	C	0.9%	1.37%	0.9%
CTSH	C	0.34%	1.42%	0.34%
DBX	D	0.22%	0.87%	0.22%
DCI	C	0.16%	0.34%	0.16%
DKS	D	0.2%	0.34%	0.2%
DOCU	C	0.25%	0.72%	0.25%
DRI	B	0.23%	0.77%	0.23%
DVA	B	0.22%	0.26%	0.22%
EA	D	0.32%	1.06%	0.32%
EPAM	F	0.15%	0.64%	0.15%
EXPE	C	0.21%	0.42%	0.21%
FFIV	B	0.25%	1.5%	0.25%
FTNT	C	0.39%	0.79%	0.39%
GILD	B	0.6%	0.48%	0.48%
GNTX	F	0.04%	0.58%	0.04%
HIG	B	0.24%	0.48%	0.24%
HOLX	B	0.29%	0.46%	0.29%
HPE	D	0.14%	0.65%	0.14%
HPQ	D	0.2%	0.83%	0.2%
HRB	C	0.27%	0.77%	0.27%
HST	C	0.2%	0.65%	0.2%
IBM	B	0.72%	1.62%	0.72%
INCY	C	0.2%	0.37%	0.2%
JBL	D	0.13%	0.57%	0.13%
JNJ	C	1.64%	0.53%	0.53%
KMB	D	0.36%	0.41%	0.36%
LDOS	B	0.17%	0.44%	0.17%
LMT	C	0.67%	0.51%	0.51%
MCK	F	0.2%	0.37%	0.2%
MMC	C	0.61%	0.41%	0.41%
MO	C	0.56%	0.41%	0.41%
MOH	D	0.18%	0.35%	0.18%
MPC	F	0.09%	0.32%	0.09%
MRK	D	1.2%	0.38%	0.38%
MSI	B	0.24%	1.62%	0.24%
NTAP	D	0.18%	0.79%	0.18%
OGE	C	0.22%	0.39%	0.22%
PG	C	1.63%	0.39%	0.39%
PGR	B	0.25%	0.35%	0.25%
PRI	B	0.07%	0.34%	0.07%
QCOM	D	0.78%	0.61%	0.61%
REGN	C	0.63%	0.46%	0.46%
RLI	B	0.07%	0.35%	0.07%
ROP	C	0.29%	1.41%	0.29%
RSG	D	0.36%	0.43%	0.36%
SAIC	C	0.22%	0.35%	0.22%
SNX	D	0.11%	1.13%	0.11%
T	C	0.34%	1.1%	0.34%
TJX	B	0.68%	0.86%	0.68%
TRV	C	0.42%	0.42%	0.42%
ULTA	D	0.16%	0.48%	0.16%
VRSN	D	0.23%	1.46%	0.23%
VRTX	D	0.62%	0.33%	0.33%
VZ	B	0.54%	0.88%	0.54%
WDAY	D	0.29%	0.95%	0.29%
WM	D	0.49%	0.42%	0.42%
WMT	C	0.22%	0.42%	0.22%
WRB	C	0.28%	0.4%	0.28%
WSM	D	0.22%	0.31%	0.22%
XOM	C	1.66%	0.4%	0.4%

JQUA Overweight 194 Positions Relative to USMF

Symbol	Grade	Weight
AAPL	C	2.0%
META	B	1.93%
MSFT	C	1.8%
V	C	1.78%
GOOGL	D	1.62%
MA	B	1.62%
AVGO	C	1.59%
COST	B	1.59%
NVDA	D	1.58%
HD	B	1.49%
CRM	D	1.01%
ADBE	F	0.99%
LIN	B	0.96%
MCD	B	0.96%
KO	C	0.95%
ACN	C	0.92%
ORCL	C	0.89%
AMGN	B	0.83%
INTU	C	0.81%
NOW	B	0.78%
UNP	C	0.76%
CVX	D	0.66%
AMAT	D	0.66%
BKNG	C	0.65%
SPGI	B	0.6%
ABT	C	0.6%
PANW	D	0.58%
ADP	B	0.58%
BLK	B	0.57%
SBUX	C	0.56%
ADI	C	0.56%
CB	B	0.54%
MCO	B	0.5%
KLAC	D	0.5%
ZTS	C	0.47%
CTAS	B	0.47%
LRCX	F	0.46%
AJG	D	0.44%
AON	B	0.43%
ORLY	C	0.43%
ITW	C	0.43%
PSA	B	0.43%
ICE	C	0.42%
APH	D	0.42%
AZO	D	0.39%
SNPS	D	0.38%
PLTR	B	0.38%
COP	D	0.38%
CDNS	D	0.38%
MAR	C	0.37%
ROST	C	0.37%
ADSK	C	0.36%
GWW	B	0.36%
RMD	C	0.36%
ACGL	C	0.36%
PAYX	C	0.35%
A	C	0.35%
MMM	B	0.35%
IT	B	0.34%
EOG	D	0.34%
NVR	B	0.33%
VRSK	D	0.33%
CPRT	D	0.33%
EBAY	B	0.33%
DASH	C	0.33%
IDXX	C	0.32%
BRO	C	0.31%
YUM	D	0.3%
MCHP	F	0.3%
CRWD	D	0.29%
SPG	B	0.29%
NDAQ	A	0.29%
MRVL	C	0.29%
BR	D	0.29%
ATO	B	0.28%
ABNB	D	0.27%
EXR	B	0.27%
LEN	B	0.27%
EW	F	0.26%
WEC	C	0.26%
ED	C	0.26%
CLX	C	0.26%
DECK	C	0.25%
MTD	D	0.25%
CLH	A	0.25%
DDOG	D	0.25%
EXPD	C	0.24%
WSO	C	0.24%
WY	C	0.24%
LAMR	B	0.24%
MANH	B	0.24%
CHRW	B	0.23%
POOL	C	0.23%
MPWR	C	0.23%
TEAM	D	0.23%
TER	D	0.23%
MAA	B	0.23%
KEYS	C	0.23%
FDS	C	0.23%
ROL	C	0.23%
CTRA	D	0.22%
SEIC	C	0.22%
DOX	C	0.22%
GGG	C	0.21%
DT	C	0.21%
LSTR	D	0.21%
SWKS	D	0.21%
SNOW	F	0.2%
LOPE	D	0.2%
FNF	B	0.2%
SCCO	D	0.2%
CDW	D	0.2%
TYL	C	0.2%
CF	C	0.19%
NFG	B	0.19%
IEX	D	0.19%
CRI	D	0.19%
PAYC	D	0.19%
BLDR	C	0.19%
CBSH	C	0.18%
LYV	B	0.18%
ANSS	D	0.18%
PSTG	F	0.18%
LECO	F	0.18%
RNG	F	0.18%
MEDP	F	0.18%
CSL	B	0.18%
QRVO	F	0.17%
VRT	C	0.17%
BBY	C	0.17%
TPR	C	0.17%
WU	F	0.16%
LSCC	D	0.16%
DLB	D	0.16%
CHD	D	0.16%
CCI	C	0.16%
CHH	C	0.16%
DELL	D	0.16%
ELS	C	0.16%
WMS	D	0.16%
ZM	C	0.16%
TDC	F	0.15%
EVRG	B	0.15%
PINS	F	0.15%
MSGS	B	0.15%
NTNX	C	0.15%
JKHY	B	0.15%
SSNC	B	0.14%
EXP	B	0.14%
SMAR	C	0.14%
MTCH	C	0.14%
PEG	B	0.13%
AOS	D	0.13%
MSM	D	0.13%
ZS	F	0.13%
ENTG	F	0.13%
TWLO	D	0.13%
TOST	C	0.13%
PATH	D	0.12%
PEGA	C	0.12%
TSCO	C	0.12%
SKX	D	0.12%
DXC	C	0.12%
GWRE	A	0.11%
NDSN	C	0.11%
CPT	B	0.11%
OKTA	F	0.11%
NKE	D	0.11%
BSY	D	0.11%
PCOR	F	0.1%
YETI	D	0.1%
DV	F	0.1%
MTSI	D	0.1%
OLN	D	0.1%
JAZZ	D	0.09%
BYD	C	0.09%
EQR	B	0.09%
GLPI	C	0.08%
IPGP	F	0.08%
FAST	C	0.08%
UGI	C	0.08%
ZI	D	0.08%
WH	B	0.08%
TPL	B	0.07%
PHM	B	0.07%
CSGP	D	0.07%
RS	D	0.06%
CUBE	B	0.06%
SOLV	C	0.05%
TECH	C	0.04%
UPS	D	0.04%
AM	C	0.03%
VIRT	C	0.02%
PINC	C	0.02%

JQUA Underweight 121 Positions Relative to USMF

Symbol	Grade	Weight
GDDY	C	-1.23%
TMUS	C	-1.22%
TDY	B	-1.18%
NSIT	D	-1.12%
FOXA	B	-1.1%
JNPR	B	-0.98%
CMCSA	D	-0.94%
VNT	F	-0.93%
OMC	B	-0.93%
NYT	C	-0.91%
MUSA	D	-0.83%
WPC	C	-0.81%
IPG	C	-0.74%
CIEN	C	-0.7%
RHP	C	-0.69%
ARMK	B	-0.65%
DIS	D	-0.64%
TXRH	C	-0.62%
CMG	C	-0.55%
GM	C	-0.51%
DTM	B	-0.5%
APPF	D	-0.5%
INGR	B	-0.45%
EHC	C	-0.45%
UTHR	C	-0.45%
ATR	B	-0.44%
CAH	C	-0.44%
CACI	B	-0.44%
DPZ	F	-0.44%
DGX	B	-0.44%
L	C	-0.43%
BSX	B	-0.43%
RL	C	-0.43%
ECL	B	-0.43%
FSLR	C	-0.42%
UHS	B	-0.41%
HCA	B	-0.41%
ETR	B	-0.41%
CNA	C	-0.41%
CW	B	-0.4%
PSN	B	-0.4%
SYK	C	-0.39%
RGA	C	-0.39%
AEP	C	-0.39%
ORI	B	-0.39%
CINF	B	-0.39%
SYY	D	-0.38%
PPC	D	-0.38%
JPM	D	-0.38%
EXEL	C	-0.38%
POST	C	-0.38%
GIS	B	-0.37%
EIX	C	-0.37%
KR	C	-0.36%
CAG	C	-0.36%
PCG	C	-0.36%
AIZ	B	-0.36%
UNM	B	-0.36%
ELV	C	-0.36%
CMI	C	-0.35%
ALL	B	-0.35%
ACI	F	-0.35%
KHC	C	-0.35%
RYAN	D	-0.35%
XEL	B	-0.35%
WAB	B	-0.34%
AIG	D	-0.34%
ZBH	F	-0.34%
GPK	B	-0.34%
ADTN	D	-0.34%
AXP	B	-0.34%
MET	B	-0.34%
FANG	D	-0.34%
MKL	C	-0.33%
VTRS	D	-0.33%
HII	D	-0.33%
PRU	C	-0.33%
TAP	D	-0.32%
DE	B	-0.32%
MSA	D	-0.32%
VOYA	B	-0.32%
CCK	A	-0.31%
IBKR	B	-0.31%
NBIX	F	-0.31%
EME	B	-0.31%
KEX	C	-0.31%
CI	C	-0.3%
PCAR	D	-0.3%
TXT	D	-0.3%
VLO	F	-0.29%
CHRD	F	-0.29%
WFC	D	-0.29%
FLS	D	-0.29%
SFM	B	-0.29%
LLY	C	-0.28%
FCNCA	D	-0.28%
THC	A	-0.28%
WWD	D	-0.28%
DVN	F	-0.28%
MLI	A	-0.28%
ANF	D	-0.28%
EQH	C	-0.27%
SYF	C	-0.27%
HAL	F	-0.26%
NRG	C	-0.26%
APO	C	-0.25%
CMC	D	-0.25%
MTB	B	-0.25%
DINO	F	-0.25%
GAP	F	-0.25%
OVV	F	-0.23%
STLD	F	-0.23%
OC	D	-0.23%
SW	B	-0.23%
DAL	C	-0.22%
CRBG	D	-0.22%
LPLA	D	-0.22%
APA	F	-0.22%
TGT	C	-0.2%
HQY	C	-0.2%
GL	C	-0.17%