JVAL vs. SMLV ETF Comparison

Comparison of JPMorgan U.S. Value Factor ETF (JVAL) to SPDR Russell 2000 Low Volatility (SMLV)

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value 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 value factor characteristics.

Grade (RS Rating)

Last Trade

$45.06

Average Daily Volume

59,376

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$138.53

Average Daily Volume

5,662

Number of Holdings ^*

404

* may have additional holdings in another (foreign) market

Performance

Period	JVAL	SMLV
30 Days	2.83%	9.44%
60 Days	4.01%	9.75%
90 Days	5.07%	10.22%
12 Months	27.77%	39.00%

22 Overlapping Holdings

Symbol	Grade	Weight in JVAL	Weight in SMLV	Overlap
AAP	D	0.1%	0.02%	0.02%
AVT	C	0.21%	0.08%	0.08%
CNXC	F	0.11%	0.03%	0.03%
COLM	C	0.1%	0.12%	0.1%
CRI	F	0.15%	0.05%	0.05%
CUZ	B	0.11%	0.1%	0.1%
CXT	C	0.14%	0.06%	0.06%
DNB	B	0.21%	0.09%	0.09%
HIW	C	0.2%	0.1%	0.1%
HUN	F	0.03%	0.05%	0.03%
IPGP	D	0.14%	0.04%	0.04%
LEG	F	0.11%	0.03%	0.03%
LOPE	C	0.0%	0.08%	0.0%
NFG	A	0.2%	0.48%	0.2%
OGN	F	0.06%	0.03%	0.03%
PINC	B	0.11%	0.12%	0.11%
PRGO	C	0.1%	0.06%	0.06%
SLGN	A	0.21%	0.2%	0.2%
SNDR	B	0.1%	0.13%	0.1%
SPB	C	0.1%	0.05%	0.05%
WEN	D	0.14%	0.1%	0.1%
WU	F	0.16%	0.71%	0.16%

JVAL Overweight 340 Positions Relative to SMLV

Symbol	Grade	Weight
GOOGL	C	2.17%
META	D	2.12%
AVGO	D	1.92%
AAPL	C	1.87%
MSFT	D	1.78%
UNH	B	1.77%
CRM	B	1.33%
ORCL	A	1.24%
JNJ	C	1.22%
APP	B	0.87%
CAT	B	0.85%
IBM	C	0.84%
TXN	C	0.82%
HD	B	0.82%
INTU	B	0.81%
QCOM	F	0.79%
CSCO	B	0.77%
CVX	A	0.74%
AMAT	F	0.7%
MRK	D	0.66%
AMGN	F	0.65%
C	A	0.65%
PFE	F	0.65%
T	A	0.65%
INTC	C	0.6%
ADI	D	0.54%
GILD	C	0.52%
PM	B	0.52%
BMY	B	0.51%
APH	A	0.51%
LRCX	F	0.51%
MDT	D	0.51%
MO	A	0.5%
CMCSA	B	0.49%
COF	C	0.48%
RTX	D	0.48%
MRVL	B	0.48%
CI	D	0.47%
KLAC	F	0.46%
ELV	F	0.45%
BAC	A	0.45%
GM	C	0.44%
VRT	B	0.43%
USB	A	0.42%
MU	D	0.42%
JCI	B	0.42%
TFC	A	0.41%
FDX	B	0.41%
CMI	A	0.4%
ROP	B	0.4%
CVS	D	0.4%
BK	A	0.4%
PCAR	B	0.39%
KMI	A	0.39%
GD	D	0.38%
PSX	C	0.37%
TWLO	A	0.37%
MPC	D	0.36%
AIG	B	0.36%
DELL	B	0.36%
PRU	A	0.35%
SYF	B	0.34%
F	C	0.34%
TGT	F	0.34%
GRMN	B	0.33%
ETR	B	0.33%
GLW	B	0.33%
CTSH	B	0.33%
FITB	B	0.32%
DHI	F	0.32%
KR	B	0.32%
HPQ	B	0.32%
GDDY	A	0.32%
SPG	A	0.32%
LDOS	C	0.32%
HPE	B	0.32%
PAYC	B	0.31%
NUE	C	0.31%
SNA	A	0.31%
DD	C	0.31%
ZM	C	0.31%
LHX	C	0.31%
EBAY	D	0.3%
DOV	A	0.3%
HBAN	A	0.3%
LEN	D	0.3%
PKG	A	0.29%
PNR	A	0.29%
ALSN	B	0.29%
JBL	C	0.29%
WDAY	B	0.29%
STT	B	0.29%
VICI	C	0.28%
CFG	B	0.28%
ED	C	0.28%
JEF	A	0.28%
MCHP	F	0.28%
ON	D	0.28%
UNM	A	0.28%
WCC	B	0.27%
PHM	D	0.27%
EPAM	B	0.27%
MTB	A	0.27%
UAL	A	0.27%
PPL	A	0.27%
NTAP	C	0.27%
DAL	B	0.27%
FFIV	B	0.27%
GEN	B	0.27%
CACI	D	0.26%
RS	B	0.26%
R	B	0.26%
UTHR	C	0.26%
IP	A	0.26%
KHC	F	0.26%
OC	A	0.26%
GIS	D	0.26%
RF	A	0.26%
TAP	C	0.25%
PFG	D	0.25%
FOXA	A	0.25%
MRO	B	0.25%
BLDR	D	0.25%
DGX	A	0.25%
TOL	B	0.25%
OMC	C	0.25%
PEGA	B	0.25%
VLO	C	0.24%
TPR	B	0.24%
LAD	A	0.24%
CTRA	B	0.24%
SCI	B	0.24%
KBR	F	0.24%
EVRG	A	0.24%
ADM	D	0.24%
VTRS	A	0.24%
CDW	F	0.24%
SSNC	B	0.24%
DBX	B	0.24%
CMA	B	0.23%
OGE	A	0.23%
ORI	A	0.23%
KIM	A	0.23%
DRI	B	0.23%
SAIC	F	0.23%
NWSA	A	0.23%
LYB	F	0.23%
SNV	C	0.23%
BBY	D	0.23%
AMCR	C	0.22%
TER	F	0.22%
OHI	C	0.22%
CCK	D	0.22%
OSK	C	0.22%
KEY	B	0.22%
DOW	F	0.22%
DOX	D	0.22%
SNX	D	0.22%
PNW	A	0.22%
WAL	B	0.22%
RL	C	0.22%
ALLY	C	0.21%
NXST	C	0.21%
GFS	C	0.21%
BC	C	0.21%
WSM	C	0.21%
EXC	C	0.21%
THC	D	0.21%
GPK	C	0.21%
BPOP	C	0.21%
DKS	D	0.21%
DLB	B	0.21%
FNB	A	0.21%
ZI	D	0.21%
AKAM	D	0.21%
MOS	F	0.21%
OMF	A	0.21%
MSM	C	0.2%
WHR	B	0.2%
UGI	C	0.2%
VZ	C	0.2%
VAC	C	0.2%
CAG	F	0.2%
SWKS	F	0.2%
JHG	B	0.2%
NVR	D	0.2%
AN	C	0.2%
CNC	D	0.2%
HRB	D	0.2%
AYI	B	0.2%
UHS	D	0.2%
MTG	C	0.2%
ARW	D	0.19%
FAF	A	0.19%
TNL	A	0.19%
THO	B	0.19%
COLB	B	0.19%
TXT	D	0.19%
GAP	C	0.19%
FHN	A	0.19%
GPN	B	0.19%
OVV	B	0.19%
GPC	D	0.19%
ANSS	B	0.19%
ZION	B	0.19%
BERY	C	0.19%
DOCU	B	0.19%
RHI	C	0.19%
OLED	F	0.19%
AGO	B	0.19%
HUM	C	0.19%
PTC	B	0.18%
CRBG	B	0.18%
GNTX	C	0.18%
ST	F	0.18%
BYD	B	0.18%
MGM	D	0.18%
CNH	C	0.18%
PAG	B	0.18%
M	F	0.18%
IVZ	B	0.18%
MTCH	D	0.18%
EPR	C	0.18%
WBS	A	0.17%
AGCO	D	0.17%
ACI	C	0.17%
CPB	D	0.17%
ZBH	C	0.17%
IPG	D	0.17%
STWD	C	0.17%
KSS	F	0.17%
HOG	D	0.17%
MAN	F	0.17%
DV	C	0.17%
CRUS	D	0.16%
AXS	A	0.16%
BWA	D	0.16%
DINO	D	0.16%
PVH	C	0.16%
LKQ	F	0.16%
HII	F	0.16%
LH	B	0.16%
GLOB	B	0.16%
DXC	B	0.16%
MUSA	B	0.16%
KRC	B	0.15%
LVS	B	0.15%
PSN	D	0.15%
PH	A	0.15%
EHC	B	0.15%
PB	B	0.15%
JWN	D	0.15%
INGR	C	0.15%
VRSN	C	0.14%
QRVO	F	0.14%
BG	D	0.14%
FIS	C	0.14%
DG	F	0.14%
CLVT	D	0.14%
HST	C	0.14%
G	B	0.14%
RVTY	F	0.14%
PK	C	0.14%
SJM	D	0.14%
BEN	C	0.14%
PATH	C	0.13%
PNC	B	0.13%
GLPI	C	0.13%
MDU	D	0.13%
OKTA	C	0.13%
GTES	A	0.13%
BAX	F	0.13%
DVN	F	0.13%
POOL	C	0.13%
ARMK	B	0.13%
OZK	B	0.13%
JAZZ	B	0.13%
WH	B	0.13%
LEA	F	0.13%
FHB	B	0.13%
PR	B	0.13%
FMC	D	0.12%
WPC	C	0.12%
LPX	B	0.12%
FBIN	D	0.12%
NWL	C	0.12%
U	C	0.12%
ENTG	D	0.12%
PARA	C	0.12%
SWK	D	0.12%
POST	C	0.12%
APTV	F	0.12%
REG	A	0.12%
BBWI	C	0.12%
SON	F	0.12%
CROX	D	0.11%
AGNC	C	0.11%
BSY	F	0.11%
INFA	D	0.11%
RPRX	D	0.11%
ADTN	A	0.11%
TDC	D	0.11%
CWEN	C	0.1%
TSN	B	0.1%
VOYA	B	0.1%
CIVI	D	0.1%
SIRI	C	0.1%
AGR	A	0.1%
HRL	D	0.1%
IAC	F	0.1%
DDS	B	0.1%
NNN	C	0.1%
PPC	C	0.09%
MPW	F	0.09%
RGA	A	0.09%
PII	F	0.09%
D	C	0.09%
BOKF	B	0.09%
SEE	C	0.09%
LNC	C	0.08%
MTN	C	0.08%
VFC	C	0.08%
TFX	F	0.07%
FTRE	D	0.07%
AMKR	D	0.07%
DT	D	0.06%
CF	A	0.06%
BDX	F	0.06%
FANG	C	0.06%
HSIC	C	0.06%
SOLV	D	0.05%
AL	B	0.05%
EQR	C	0.04%
CE	F	0.04%
NVT	B	0.04%
UHAL	D	0.04%
CLF	F	0.02%
BRX	A	0.01%
CPRI	F	0.01%
ALGM	D	0.0%

JVAL Underweight 382 Positions Relative to SMLV

Symbol	Grade	Weight
PJT	A	-1.89%
CBU	B	-1.65%
THG	A	-1.63%
NNI	D	-1.56%
VIRT	A	-1.49%
ONB	C	-1.44%
PRK	B	-1.42%
NBTB	B	-1.37%
CHCO	B	-1.25%
FFIN	B	-1.19%
NWBI	B	-1.17%
NBHC	C	-1.15%
CNO	B	-1.14%
SYBT	B	-1.13%
ESGR	B	-1.12%
SASR	B	-1.09%
EFSC	B	-1.08%
HMN	B	-1.08%
IBOC	B	-1.07%
TOWN	B	-1.06%
MGRC	B	-1.02%
GBCI	B	-1.02%
FCF	B	-1.02%
GCMG	B	-1.01%
TRMK	C	-1.0%
FULT	A	-0.98%
QCRH	B	-0.97%
NIC	B	-0.96%
BUSE	B	-0.96%
WABC	B	-0.95%
HOMB	A	-0.93%
WAFD	B	-0.93%
STBA	B	-0.91%
WSBC	B	-0.89%
EIG	B	-0.86%
SFNC	C	-0.85%
GABC	B	-0.84%
BLX	B	-0.84%
AGM	B	-0.83%
RDN	D	-0.82%
LKFN	C	-0.81%
SAFT	B	-0.79%
PEBO	B	-0.77%
SRCE	B	-0.76%
AMSF	B	-0.73%
BRKL	B	-0.72%
FBMS	B	-0.68%
CTBI	B	-0.68%
SBSI	C	-0.67%
OBK	C	-0.65%
EVTC	B	-0.65%
EQC	B	-0.64%
TMP	B	-0.63%
PAX	C	-0.61%
OKLO	B	-0.61%
BFC	B	-0.6%
HFWA	C	-0.59%
UVSP	B	-0.59%
FMBH	B	-0.57%
CFFN	C	-0.56%
BHRB	B	-0.56%
FCBC	C	-0.48%
TRST	B	-0.44%
CAC	C	-0.44%
MCBS	B	-0.4%
TRIN	A	-0.4%
AGX	B	-0.38%
AROW	B	-0.37%
GSBC	C	-0.37%
CCNE	C	-0.37%
FMNB	B	-0.36%
THFF	B	-0.36%
NFBK	C	-0.35%
HTBI	B	-0.35%
ESQ	B	-0.34%
HONE	C	-0.34%
BHB	C	-0.34%
CCBG	B	-0.33%
SMBK	B	-0.33%
MPB	B	-0.31%
KRNY	C	-0.31%
SPFI	C	-0.3%
DHIL	B	-0.3%
HIFS	C	-0.29%
BSRR	B	-0.28%
ORRF	B	-0.27%
FMAO	B	-0.27%
ALRS	D	-0.27%
IDA	A	-0.26%
FLO	D	-0.26%
EBF	F	-0.25%
ACNB	B	-0.25%
FBIZ	B	-0.25%
FSBC	C	-0.24%
GLRE	B	-0.24%
HBCP	C	-0.23%
EBTC	C	-0.23%
WTBA	B	-0.23%
PFIS	A	-0.23%
PNM	B	-0.23%
MGEE	B	-0.23%
NWE	B	-0.22%
BWB	B	-0.21%
BKH	A	-0.21%
NHC	C	-0.21%
CZNC	C	-0.2%
FSBW	C	-0.2%
CPK	A	-0.2%
PECO	A	-0.2%
ARTNA	F	-0.19%
SR	A	-0.19%
SBR	B	-0.19%
NWN	A	-0.19%
CSWI	B	-0.19%
GNTY	A	-0.19%
FLIC	B	-0.19%
FNLC	C	-0.18%
FRST	B	-0.17%
GTY	A	-0.17%
VLGEA	C	-0.17%
NPK	B	-0.17%
PSTL	D	-0.16%
DEA	D	-0.16%
SXT	C	-0.16%
CBNK	B	-0.16%
WSBF	C	-0.16%
JJSF	C	-0.15%
PBH	A	-0.15%
CTO	B	-0.15%
GPOR	B	-0.15%
CMPO	B	-0.15%
WT	A	-0.15%
CALM	A	-0.15%
TRS	B	-0.14%
WERN	C	-0.14%
ROAD	B	-0.14%
FELE	B	-0.14%
HSTM	B	-0.14%
ICFI	F	-0.14%
BRC	D	-0.14%
PLXS	B	-0.14%
HTLD	C	-0.14%
CVLT	B	-0.14%
TRC	F	-0.14%
ACA	A	-0.13%
GOOD	B	-0.13%
LXP	D	-0.13%
GATX	A	-0.13%
VMI	B	-0.13%
GENC	C	-0.13%
BCAL	B	-0.13%
UNF	B	-0.13%
CSR	B	-0.13%
LTC	B	-0.13%
ELME	D	-0.13%
TGNA	B	-0.13%
ADMA	B	-0.13%
ARKO	C	-0.13%
BMI	B	-0.13%
HWKN	B	-0.12%
SMP	C	-0.12%
FTDR	B	-0.12%
NHI	D	-0.12%
FCPT	C	-0.12%
ESE	B	-0.12%
CBZ	B	-0.12%
GEF	A	-0.12%
HCKT	B	-0.12%
UTMD	F	-0.12%
BNL	D	-0.12%
CSGS	B	-0.12%
PKE	B	-0.12%
EXPO	D	-0.12%
MWA	B	-0.12%
LMAT	A	-0.11%
MRTN	D	-0.11%
HCC	B	-0.11%
FSS	B	-0.11%
RNGR	A	-0.11%
RUSHA	C	-0.11%
UHT	D	-0.11%
KREF	C	-0.11%
PRIM	A	-0.11%
OSIS	A	-0.11%
SXC	A	-0.11%
AROC	A	-0.11%
GHC	B	-0.11%
HNI	B	-0.11%
GRC	A	-0.11%
SCL	C	-0.11%
NTST	C	-0.11%
BHE	C	-0.11%
UFPT	C	-0.11%
MLR	C	-0.11%
CTRE	C	-0.11%
DORM	B	-0.11%
PRGS	A	-0.11%
CASS	C	-0.1%
MSGS	A	-0.1%
LNN	B	-0.1%
MOG.A	B	-0.1%
IRT	A	-0.1%
KW	C	-0.1%
INVA	D	-0.1%
DEI	B	-0.1%
NCNO	C	-0.1%
HSII	B	-0.1%
NTCT	C	-0.1%
WDFC	B	-0.1%
PAHC	C	-0.1%
HUBG	A	-0.1%
ACIW	B	-0.1%
BLKB	B	-0.09%
NOMD	D	-0.09%
GLDD	B	-0.09%
ALG	B	-0.09%
SXI	B	-0.09%
BBSI	B	-0.09%
WINA	C	-0.09%
CRC	A	-0.09%
APOG	C	-0.09%
KAI	B	-0.09%
CHCT	C	-0.09%
RDWR	B	-0.09%
BFS	C	-0.09%
ADUS	D	-0.09%
JBSS	F	-0.09%
CCOI	B	-0.09%
AFCG	D	-0.09%
ICUI	D	-0.09%
APLE	B	-0.08%
PCH	F	-0.08%
PSMT	D	-0.08%
JBGS	F	-0.08%
MRCY	C	-0.08%
AHH	D	-0.08%
LZB	B	-0.08%
ABM	B	-0.08%
IOSP	C	-0.08%
TTMI	C	-0.08%
HURN	C	-0.08%
CORT	B	-0.08%
INSM	C	-0.08%
RLGT	B	-0.08%
GMRE	F	-0.08%
RGP	F	-0.08%
PRDO	B	-0.08%
EPAC	C	-0.08%
MTX	B	-0.08%
OMCL	C	-0.08%
FPI	B	-0.08%
PBT	B	-0.08%
ASH	F	-0.08%
GPI	B	-0.07%
VIAV	C	-0.07%
KN	B	-0.07%
BOX	B	-0.07%
ENS	F	-0.07%
CNNE	B	-0.07%
SPOK	B	-0.07%
MGIC	D	-0.07%
TNC	D	-0.07%
KFRC	D	-0.07%
SANM	B	-0.07%
TRNS	D	-0.07%
ITGR	B	-0.07%
PLOW	D	-0.07%
SUPN	C	-0.07%
AZZ	A	-0.07%
WEYS	C	-0.07%
CTS	C	-0.07%
JBT	B	-0.07%
LAUR	A	-0.07%
IRMD	C	-0.06%
ECVT	C	-0.06%
SFL	D	-0.06%
SEM	B	-0.06%
CMCO	C	-0.06%
RDNT	B	-0.06%
HAE	C	-0.06%
GPRK	C	-0.06%
PLUS	F	-0.06%
FUL	F	-0.06%
MNRO	D	-0.06%
FSTR	B	-0.06%
OFIX	C	-0.06%
MYRG	B	-0.06%
ATEN	A	-0.06%
MMSI	A	-0.06%
ITRN	B	-0.06%
FORR	C	-0.06%
ENV	B	-0.06%
CENT	C	-0.06%
IBEX	B	-0.06%
ARCH	B	-0.06%
CVCO	A	-0.06%
AGIO	C	-0.06%
SHOO	F	-0.06%
CABO	B	-0.06%
SATS	D	-0.06%
RGR	F	-0.06%
CSV	B	-0.06%
LGTY	C	-0.06%
VAL	F	-0.06%
MTRN	C	-0.05%
AMED	F	-0.05%
AORT	B	-0.05%
POWI	F	-0.05%
ATEX	F	-0.05%
ASGN	F	-0.05%
VSH	F	-0.05%
JOUT	F	-0.05%
TTGT	B	-0.05%
LIVN	F	-0.05%
ETD	C	-0.05%
MEI	F	-0.05%
XNCR	B	-0.05%
MATW	C	-0.05%
NATR	C	-0.05%
ATNI	F	-0.05%
IRDM	D	-0.05%
NVEC	B	-0.05%
DK	C	-0.05%
NVST	B	-0.05%
GKOS	B	-0.05%
ALKS	C	-0.05%
AEIS	C	-0.05%
MLAB	F	-0.05%
AIN	C	-0.05%
AVNS	F	-0.05%
BL	B	-0.05%
LILAK	D	-0.05%
SPNS	F	-0.05%
TPH	D	-0.05%
SCSC	C	-0.05%
WK	B	-0.05%
CEVA	B	-0.05%
STRA	C	-0.05%
ZD	B	-0.05%
ZIP	D	-0.04%
SHEN	F	-0.04%
TBPH	B	-0.04%
THRM	F	-0.04%
ALRM	C	-0.04%
ANIP	F	-0.04%
KIDS	D	-0.04%
HRMY	D	-0.04%
NEOG	F	-0.04%
FORM	D	-0.04%
USPH	B	-0.04%
VRNT	C	-0.04%
BOWL	C	-0.04%
SRDX	B	-0.04%
USNA	C	-0.04%
AMPH	F	-0.04%
ATRC	C	-0.04%
PZZA	F	-0.04%
PDCO	F	-0.04%
VPG	F	-0.04%
IART	C	-0.04%
CNMD	C	-0.04%
NARI	C	-0.04%
PTCT	B	-0.04%
IRWD	F	-0.03%
ANIK	D	-0.03%
CBRL	C	-0.03%
RARE	F	-0.03%
HELE	C	-0.03%
JBI	F	-0.03%
PCRX	C	-0.03%
HLF	C	-0.03%
OXM	F	-0.03%
NRC	F	-0.03%
HI	C	-0.03%
VECO	F	-0.03%
ARCO	F	-0.03%
SCHL	F	-0.03%
VREX	B	-0.03%
AZTA	D	-0.02%
ACAD	C	-0.02%
AMN	F	-0.02%
IMTX	F	-0.02%