LCDS vs. QDEF ETF Comparison

Comparison of JPMorgan Fundamental Data Science Large Core ETF (LCDS) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

LCDS

JPMorgan Fundamental Data Science Large Core ETF

LCDS Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities of large, well established companies. Many of the equity securities in the fund"s portfolio will be technology companies or companies that rely heavily on technological advances. In managing the fund, the adviser employs a fundamental data science enabled investment approach that combines research, data insights, and risk management. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.08

Average Daily Volume

116

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.73

Average Daily Volume

6,798

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	LCDS	QDEF
30 Days	1.03%	-1.09%
60 Days	4.32%	1.41%
90 Days	5.73%	3.61%
12 Months		28.67%

24 Overlapping Holdings

Symbol	Grade	Weight in LCDS	Weight in QDEF	Overlap
AAPL	C	5.79%	6.07%	5.79%
ABBV	F	1.8%	2.6%	1.8%
AVGO	C	1.43%	0.88%	0.88%
BAC	A	1.27%	0.02%	0.02%
BMY	A	1.39%	0.45%	0.45%
CI	D	0.58%	0.83%	0.58%
CME	A	0.73%	0.71%	0.71%
COST	A	0.34%	0.24%	0.24%
GOOGL	B	3.09%	1.36%	1.36%
INTU	B	0.86%	1.29%	0.86%
KO	D	0.74%	0.65%	0.65%
LDOS	C	0.63%	0.57%	0.57%
LOW	C	1.29%	0.47%	0.47%
MA	B	1.95%	0.23%	0.23%
MET	A	0.87%	0.53%	0.53%
META	C	3.57%	2.76%	2.76%
MSFT	D	7.54%	4.97%	4.97%
MSI	B	0.2%	0.74%	0.2%
NVDA	A	7.95%	6.0%	6.0%
PM	A	1.35%	1.65%	1.35%
SBUX	A	0.13%	0.98%	0.13%
TJX	A	0.51%	0.99%	0.51%
TMUS	B	0.67%	1.14%	0.67%
XOM	B	1.78%	0.5%	0.5%

LCDS Overweight 63 Positions Relative to QDEF

Symbol	Grade	Weight
AMZN	B	4.83%
WFC	A	2.27%
UNH	C	2.19%
AXP	B	1.45%
SYK	A	1.38%
TT	A	1.26%
CMCSA	B	1.26%
LLY	F	1.2%
CRM	B	1.19%
UPS	C	1.19%
HWM	A	1.12%
CSX	C	1.11%
AMP	A	1.08%
HON	B	1.05%
EOG	A	1.04%
MDLZ	F	1.01%
MU	D	1.0%
COP	B	1.0%
PGR	B	1.0%
NXPI	F	0.99%
TSLA	A	0.98%
REGN	F	0.95%
NOC	D	0.91%
MCD	D	0.87%
SO	C	0.85%
DHR	D	0.8%
STX	D	0.75%
DD	D	0.74%
BRK.A	B	0.72%
APH	B	0.71%
NEE	C	0.7%
DOV	B	0.7%
DLR	A	0.67%
FICO	B	0.67%
MDT	D	0.66%
PCG	A	0.66%
AXTA	B	0.65%
MS	A	0.63%
SQ	A	0.62%
TFC	A	0.62%
HLT	A	0.61%
PLD	D	0.6%
HPE	B	0.57%
CMS	C	0.56%
DE	C	0.55%
CMG	C	0.54%
SPOT	B	0.54%
AZO	C	0.53%
CTSH	C	0.51%
VRTX	D	0.48%
PFGC	B	0.47%
ELAN	D	0.41%
FCNCA	A	0.4%
WEX	F	0.39%
BJ	B	0.36%
SNPS	C	0.35%
MTG	D	0.34%
CHD	A	0.28%
EQIX	A	0.25%
LRCX	F	0.24%
LIN	D	0.14%
APTV	F	0.11%
EL	F	0.1%

LCDS Underweight 99 Positions Relative to QDEF

Symbol	Grade	Weight
HD	A	-3.07%
JNJ	D	-2.93%
PG	C	-2.83%
MRK	F	-2.25%
IBM	C	-1.7%
QCOM	F	-1.65%
ADP	B	-1.13%
GOOG	B	-1.1%
LMT	D	-1.05%
GILD	C	-1.03%
MO	A	-0.86%
AMT	D	-0.82%
KLAC	F	-0.79%
T	A	-0.77%
DUK	C	-0.77%
ITW	B	-0.74%
JPM	A	-0.73%
MCK	A	-0.71%
BK	B	-0.67%
MMM	D	-0.66%
VZ	C	-0.65%
UNM	A	-0.65%
EME	A	-0.64%
BWXT	A	-0.64%
PAYX	B	-0.63%
UMBF	B	-0.61%
CSCO	B	-0.61%
FIS	C	-0.6%
EA	A	-0.6%
AFL	C	-0.6%
CFR	B	-0.6%
GEN	B	-0.59%
PSA	C	-0.59%
AIZ	A	-0.58%
WTW	B	-0.58%
FAST	B	-0.58%
VIRT	A	-0.57%
CSWI	A	-0.57%
COR	B	-0.57%
VRSK	B	-0.57%
D	C	-0.56%
WDFC	B	-0.55%
PPL	A	-0.55%
ORI	A	-0.54%
ESS	A	-0.54%
RMD	C	-0.54%
K	B	-0.53%
CSL	C	-0.53%
OHI	B	-0.53%
EQR	C	-0.53%
MAA	A	-0.53%
PNW	B	-0.52%
IRDM	F	-0.52%
CPT	C	-0.51%
OTIS	C	-0.51%
KMB	C	-0.51%
OMF	A	-0.5%
LSTR	D	-0.49%
ED	C	-0.49%
AVY	D	-0.48%
DOX	D	-0.48%
BPOP	C	-0.48%
RDN	D	-0.48%
NSA	C	-0.47%
OGE	A	-0.47%
IPG	F	-0.46%
DELL	B	-0.46%
GIS	F	-0.45%
VRT	A	-0.45%
HRB	D	-0.45%
WU	F	-0.43%
EXPD	D	-0.42%
SAIC	F	-0.41%
WSM	D	-0.41%
DPZ	C	-0.41%
CUBE	C	-0.4%
EVRG	A	-0.4%
EBAY	D	-0.4%
EXC	C	-0.39%
CHE	F	-0.39%
SWKS	F	-0.39%
V	A	-0.38%
MSM	D	-0.37%
BSY	D	-0.37%
STNG	D	-0.36%
STWD	C	-0.32%
NEP	F	-0.32%
WEC	A	-0.28%
PEG	C	-0.26%
MAS	D	-0.23%
NNN	C	-0.21%
AVB	B	-0.18%
CAH	B	-0.17%
SCCO	F	-0.16%
BAH	D	-0.12%
DDS	B	-0.12%
WMT	A	-0.12%
ROL	B	-0.12%
ZTS	D	-0.11%