OPTZ vs. JPUS ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to JPMorgan Diversified Return U.S. Equity ETF (JPUS)

OPTZ

Optimize Strategy Index ETF

OPTZ Description

OPTZ seeks to track a broad market index consisting of US-listed equities that meet certain market-cap threshold and liquidity requirements. To be included in the fund, eligible large-cap and small-cap companies are evaluated and ranked within their own sector. Large cap companies are ranked based on the ratio of current EPS over the trailing 10-year average EPS, the current P/E ratio, and the 2-year forward EPS growth estimate. Small-cap companies are ranked solely on their P/S ratio. Within these two groups, the top 20% are selected from each sector. The index weights the sectors using the sum of the market capitalization of all constituents in each sector and within each sector each constituent is equally weighted. Reconstitution and rebalancing are done semi-annually.

Grade (RS Rating)

Last Trade

$30.04

Average Daily Volume

6,455

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$119.62

Average Daily Volume

6,939

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	JPUS
30 Days	2.56%	-1.17%
60 Days	6.52%	1.04%
90 Days	8.53%	3.77%
12 Months		25.29%

85 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in JPUS	Overlap
AAPL	C	1.06%	0.36%	0.36%
ACGL	D	0.19%	0.31%	0.19%
ADBE	D	0.11%	0.05%	0.05%
AGO	A	0.23%	0.05%	0.05%
AMAT	F	1.0%	0.31%	0.31%
AMP	A	0.25%	0.29%	0.25%
ANET	C	1.24%	0.47%	0.47%
AOS	F	0.12%	0.3%	0.12%
APO	A	0.31%	0.23%	0.23%
ASH	F	0.13%	0.19%	0.13%
ATO	A	0.06%	0.16%	0.06%
BAH	D	1.02%	0.32%	0.32%
BG	D	0.25%	0.34%	0.25%
CAH	B	0.14%	0.36%	0.14%
CAT	C	0.14%	0.28%	0.14%
CB	C	0.19%	0.27%	0.19%
CBOE	C	0.19%	0.25%	0.19%
CBRE	B	0.1%	0.05%	0.05%
CDNS	B	1.21%	0.33%	0.33%
CE	F	0.09%	0.2%	0.09%
CEG	C	0.07%	0.42%	0.07%
CHD	A	0.3%	0.34%	0.3%
CL	D	0.25%	0.32%	0.25%
CMCSA	B	0.64%	0.42%	0.42%
COR	B	0.14%	0.39%	0.14%
CPT	C	0.09%	0.17%	0.09%
CRUS	F	0.8%	0.1%	0.1%
CVS	F	0.26%	0.36%	0.26%
DGX	A	0.14%	0.36%	0.14%
DKS	D	0.29%	0.36%	0.29%
DTE	C	0.05%	0.3%	0.05%
DTM	A	0.07%	0.17%	0.07%
DUK	C	0.05%	0.36%	0.05%
DVA	C	0.14%	0.37%	0.14%
EA	A	0.66%	0.19%	0.19%
ECL	D	0.15%	0.29%	0.15%
EGP	D	0.08%	0.06%	0.06%
EIX	C	0.05%	0.36%	0.05%
EMN	D	0.16%	0.32%	0.16%
ETN	B	0.15%	0.43%	0.15%
ETR	A	0.06%	0.46%	0.06%
EXP	B	0.18%	0.21%	0.18%
GRMN	B	0.37%	0.43%	0.37%
HIG	B	0.2%	0.39%	0.2%
HUBB	B	0.15%	0.35%	0.15%
IBM	C	1.02%	0.3%	0.3%
LAMR	D	0.09%	0.39%	0.09%
LIN	D	0.14%	0.28%	0.14%
LOW	C	0.35%	0.37%	0.35%
LPX	B	0.18%	0.08%	0.08%
META	C	0.65%	0.42%	0.42%
MOH	F	0.12%	0.14%	0.12%
MSI	B	1.18%	0.43%	0.43%
NRG	B	0.06%	0.46%	0.06%
NVDA	A	1.44%	0.45%	0.45%
ORLY	B	0.34%	0.37%	0.34%
PCAR	C	0.15%	0.06%	0.06%
PEP	F	0.26%	0.34%	0.26%
PGR	B	0.21%	0.39%	0.21%
PH	B	0.15%	0.39%	0.15%
PK	D	0.09%	0.24%	0.09%
PRU	B	0.23%	0.1%	0.1%
PWR	A	0.16%	0.46%	0.16%
ROST	D	0.29%	0.23%	0.23%
RSG	A	0.12%	0.4%	0.12%
SO	C	0.05%	0.37%	0.05%
SPG	A	0.1%	0.41%	0.1%
STE	D	0.12%	0.25%	0.12%
STZ	D	0.27%	0.31%	0.27%
SYK	A	0.14%	0.28%	0.14%
T	A	0.64%	0.4%	0.4%
TAP	B	0.32%	0.43%	0.32%
TGT	B	0.28%	0.24%	0.24%
THC	C	0.14%	0.4%	0.14%
TMO	F	0.11%	0.15%	0.11%
TMUS	B	0.72%	0.47%	0.47%
TRGP	A	0.07%	0.5%	0.07%
UHS	D	0.11%	0.33%	0.11%
UNH	C	0.13%	0.34%	0.13%
UTHR	C	0.14%	0.42%	0.14%
VRTX	D	0.13%	0.37%	0.13%
WELL	A	0.1%	0.4%	0.1%
WMB	A	0.07%	0.41%	0.07%
WST	D	0.14%	0.27%	0.14%
WY	D	0.09%	0.31%	0.09%

OPTZ Overweight 236 Positions Relative to JPUS

Symbol	Grade	Weight
APP	A	2.03%
CRWD	B	1.37%
CRM	B	1.37%
TTMI	B	1.36%
INTC	C	1.31%
DELL	B	1.29%
GDDY	A	1.27%
NOW	B	1.27%
FFIV	B	1.25%
QLYS	C	1.22%
BHE	B	1.2%
ITRI	B	1.19%
SNPS	C	1.16%
WIX	A	1.15%
INFN	D	1.11%
VZIO	A	1.04%
AMD	F	1.03%
VRSN	F	1.03%
ROP	C	1.0%
FSLR	F	0.96%
DJT	C	0.93%
LUMN	C	0.83%
IDCC	B	0.78%
ACLS	F	0.78%
DIS	B	0.77%
NFLX	A	0.73%
RNG	C	0.72%
ZM	B	0.71%
EAT	A	0.55%
CVNA	A	0.55%
AMC	D	0.54%
NPAB	F	0.52%
TSLA	A	0.49%
WWW	A	0.48%
NCLH	B	0.48%
RCL	A	0.47%
COIN	A	0.42%
HBI	B	0.42%
WOOF	D	0.42%
UNFI	B	0.41%
RL	C	0.39%
LULU	C	0.39%
SIG	C	0.39%
MAR	B	0.39%
DECK	A	0.39%
AMZN	B	0.38%
LVS	B	0.38%
WHR	B	0.37%
ANF	C	0.36%
SBH	B	0.36%
WYNN	D	0.36%
BZH	C	0.35%
PCT	C	0.34%
FIVE	F	0.34%
DPZ	C	0.34%
PVH	C	0.34%
ALV	C	0.33%
BURL	A	0.33%
MCD	D	0.32%
CHDN	C	0.32%
YETI	D	0.31%
ENR	B	0.31%
ETSY	D	0.3%
ULTA	F	0.3%
GPC	F	0.29%
COST	A	0.29%
LC	B	0.28%
LEA	F	0.28%
LNW	F	0.28%
DOLE	D	0.27%
SQ	A	0.27%
MELI	D	0.27%
WBA	F	0.27%
ODP	F	0.27%
AX	B	0.26%
DAN	F	0.26%
APTV	F	0.25%
GS	B	0.25%
KKR	A	0.25%
FI	A	0.25%
CAL	F	0.25%
TROW	B	0.24%
ARES	A	0.24%
AXP	B	0.24%
CROX	F	0.24%
BLK	B	0.24%
BHF	C	0.24%
CINF	A	0.23%
EWTX	C	0.23%
AIZ	A	0.23%
CPAY	A	0.23%
PRG	C	0.22%
SIGI	B	0.22%
GPN	C	0.22%
WTW	B	0.22%
COOP	B	0.22%
LBPH	A	0.22%
BR	B	0.22%
V	A	0.22%
TRV	A	0.22%
NATL	B	0.21%
GL	C	0.21%
AXON	A	0.21%
VRT	A	0.21%
AER	B	0.21%
BFH	B	0.21%
MSCI	B	0.21%
BRO	B	0.21%
ALL	A	0.21%
LDI	C	0.2%
ICE	C	0.2%
STRL	A	0.2%
MKTX	D	0.2%
CME	A	0.2%
SPGI	D	0.2%
CRS	A	0.2%
MCO	D	0.2%
GATO	C	0.2%
RNR	C	0.2%
ZIM	A	0.2%
NAVI	F	0.19%
DAL	A	0.19%
PMT	D	0.19%
FIX	A	0.18%
APD	A	0.18%
VMC	B	0.18%
EME	A	0.18%
GTLS	A	0.18%
PAYC	B	0.18%
XPO	B	0.18%
SKYW	B	0.18%
HQY	A	0.17%
JBLU	F	0.17%
AVNT	B	0.17%
MLM	B	0.17%
HASI	F	0.17%
PEN	B	0.16%
SHW	C	0.16%
DOCU	B	0.16%
PCTY	B	0.16%
AIT	B	0.16%
ACHR	B	0.16%
INCY	C	0.16%
VERA	C	0.16%
GNRC	B	0.16%
HON	B	0.15%
ESTC	C	0.15%
GFF	B	0.15%
ISRG	A	0.15%
TT	A	0.15%
PEGA	B	0.15%
WAB	B	0.15%
JAZZ	C	0.15%
URI	B	0.15%
TPC	C	0.15%
SAIA	C	0.15%
PODD	B	0.15%
CLOV	D	0.15%
PNR	B	0.15%
PHIN	B	0.14%
STGW	B	0.14%
ZBH	C	0.14%
MRC	B	0.14%
LECO	C	0.14%
LIVN	D	0.14%
AKRO	C	0.14%
REVG	B	0.14%
WDAY	C	0.13%
BV	C	0.13%
VRSK	B	0.13%
ALGN	D	0.13%
FDX	B	0.13%
NBIX	C	0.13%
SAVA	C	0.13%
OSK	C	0.13%
PBI	B	0.13%
WWD	B	0.13%
MANH	D	0.13%
AHCO	D	0.12%
SHC	F	0.12%
KRYS	C	0.12%
RPRX	F	0.12%
XYL	D	0.12%
ETNB	D	0.12%
DAWN	D	0.12%
IQV	F	0.11%
EFX	F	0.11%
COGT	D	0.11%
SRPT	F	0.11%
BAX	F	0.11%
DLR	A	0.11%
SNDX	F	0.11%
KURA	F	0.11%
VNO	C	0.11%
BA	D	0.11%
IDXX	F	0.11%
DYN	F	0.11%
UNIT	B	0.1%
EQIX	A	0.1%
RHP	B	0.1%
CGEM	F	0.1%
LNTH	F	0.1%
EXPI	C	0.1%
OMI	F	0.1%
HII	F	0.09%
PEB	F	0.09%
NEXT	B	0.09%
ELS	B	0.09%
SBRA	B	0.09%
OGN	F	0.09%
NMRK	B	0.09%
REXR	F	0.08%
NVRI	F	0.08%
RDFN	D	0.08%
SBAC	D	0.08%
TDW	F	0.08%
ICLR	F	0.08%
PRIM	A	0.08%
KNTK	A	0.07%
BKR	B	0.07%
BKD	F	0.07%
AMT	D	0.07%
WKC	D	0.06%
SLB	C	0.06%
OII	B	0.06%
WHD	B	0.06%
FTI	A	0.06%
SANA	F	0.06%
VAL	F	0.05%
APA	F	0.05%
WFRD	F	0.05%
DK	D	0.05%
SWX	A	0.05%
AES	F	0.04%
NFE	F	0.04%
HE	C	0.04%

OPTZ Underweight 270 Positions Relative to JPUS

Symbol	Grade	Weight
VST	A	-0.64%
SYF	B	-0.52%
CIEN	B	-0.52%
UNM	A	-0.51%
KMI	A	-0.48%
PFGC	B	-0.46%
IP	A	-0.46%
MCK	A	-0.46%
COF	B	-0.45%
USFD	A	-0.44%
KR	B	-0.43%
GWW	B	-0.43%
FCNCA	A	-0.43%
ALSN	B	-0.42%
APH	B	-0.42%
INGR	B	-0.42%
TOL	B	-0.42%
CMI	A	-0.42%
XOM	B	-0.41%
CSCO	B	-0.41%
JLL	D	-0.41%
ORCL	A	-0.41%
CLH	C	-0.41%
WM	B	-0.41%
NI	A	-0.41%
CASY	A	-0.41%
PEG	C	-0.41%
VLO	C	-0.4%
HST	D	-0.4%
CHTR	B	-0.4%
FANG	D	-0.39%
BRK.A	B	-0.39%
PM	A	-0.39%
MO	A	-0.39%
KVUE	A	-0.39%
IRM	C	-0.39%
PNW	B	-0.39%
PPL	A	-0.39%
FAST	B	-0.39%
PHM	D	-0.38%
AVGO	C	-0.38%
RS	B	-0.38%
VZ	C	-0.38%
JNPR	D	-0.38%
AM	A	-0.38%
OHI	B	-0.38%
AFL	C	-0.38%
REG	A	-0.38%
K	B	-0.38%
STLD	B	-0.38%
NVR	D	-0.38%
TSN	B	-0.37%
ESS	A	-0.37%
SRE	A	-0.37%
FYBR	C	-0.37%
MRO	A	-0.37%
BRX	A	-0.37%
CTSH	C	-0.37%
NXST	C	-0.36%
GD	D	-0.36%
HRB	D	-0.36%
INTU	B	-0.36%
OGE	A	-0.36%
LEN	D	-0.36%
SCCO	F	-0.36%
LMT	D	-0.36%
XEL	A	-0.36%
MPC	D	-0.36%
SYY	D	-0.36%
PG	C	-0.36%
GILD	C	-0.35%
MTG	D	-0.35%
MSFT	D	-0.35%
CI	D	-0.35%
FNF	A	-0.35%
CTRA	B	-0.35%
PSX	C	-0.35%
AMGN	D	-0.35%
CUBE	C	-0.35%
CLX	A	-0.35%
ADI	D	-0.35%
POST	C	-0.35%
AZO	C	-0.35%
HRL	D	-0.35%
CVX	A	-0.35%
ADM	D	-0.34%
PSA	C	-0.34%
D	C	-0.34%
PAG	B	-0.34%
ITW	B	-0.34%
KHC	F	-0.34%
TJX	A	-0.34%
HCA	F	-0.34%
GLPI	C	-0.34%
FE	C	-0.34%
ED	C	-0.34%
WEC	A	-0.34%
LNG	A	-0.34%
TSCO	D	-0.34%
KMB	C	-0.34%
BLDR	D	-0.34%
OC	A	-0.34%
EVRG	A	-0.34%
CPB	D	-0.33%
VICI	C	-0.33%
GIS	F	-0.33%
MDLZ	F	-0.33%
LLY	F	-0.33%
HBAN	B	-0.33%
ABBV	F	-0.33%
X	C	-0.33%
KO	D	-0.33%
DHI	D	-0.33%
KIM	A	-0.33%
WLK	F	-0.32%
CAG	F	-0.32%
KLAC	F	-0.32%
EOG	A	-0.32%
IT	C	-0.32%
ACN	C	-0.32%
CF	A	-0.32%
BAC	A	-0.31%
NTAP	C	-0.31%
ACI	C	-0.31%
FITB	B	-0.31%
LYB	F	-0.31%
EXC	C	-0.31%
UGI	C	-0.31%
ABT	A	-0.31%
AEP	C	-0.31%
WSM	D	-0.31%
AVB	B	-0.31%
MAS	D	-0.3%
QCOM	F	-0.3%
NUE	D	-0.3%
PKG	B	-0.3%
ESI	B	-0.3%
NFG	A	-0.3%
CTVA	C	-0.3%
HPE	B	-0.3%
JEF	A	-0.3%
ORI	A	-0.3%
LH	B	-0.28%
CMS	C	-0.28%
HOLX	D	-0.28%
GNTX	F	-0.28%
EG	D	-0.28%
RPM	B	-0.28%
COP	B	-0.28%
ZTS	D	-0.27%
SPB	C	-0.27%
UNP	D	-0.27%
DHR	D	-0.27%
HSY	F	-0.26%
OLN	F	-0.26%
MRK	F	-0.26%
KDP	D	-0.26%
DOW	F	-0.26%
REGN	F	-0.26%
ELV	F	-0.26%
LRCX	F	-0.26%
AVY	D	-0.26%
DINO	D	-0.26%
FCX	F	-0.25%
VTR	B	-0.25%
MSM	D	-0.25%
BMY	A	-0.25%
BBY	D	-0.24%
ITT	A	-0.24%
SAM	C	-0.24%
ALLY	C	-0.24%
SNX	D	-0.24%
DRI	C	-0.24%
DOX	D	-0.24%
BRBR	A	-0.24%
MDT	D	-0.23%
RVTY	D	-0.23%
PR	B	-0.23%
STAG	D	-0.23%
VTRS	A	-0.23%
GEHC	D	-0.22%
LDOS	C	-0.22%
OMF	A	-0.22%
IFF	D	-0.21%
FLO	D	-0.21%
COKE	C	-0.21%
WPC	C	-0.21%
PPC	B	-0.21%
CNM	C	-0.21%
BPOP	C	-0.21%
MAA	A	-0.21%
SJM	D	-0.21%
GAP	D	-0.2%
EQR	C	-0.2%
F	C	-0.19%
BDX	F	-0.19%
MEDP	D	-0.19%
TKR	F	-0.19%
R	B	-0.18%
NEM	D	-0.18%
BKNG	A	-0.18%
CLF	F	-0.18%
STWD	C	-0.18%
SCI	A	-0.18%
M	D	-0.18%
NEU	D	-0.18%
CSL	C	-0.17%
MOS	D	-0.17%
UI	A	-0.17%
RGA	B	-0.17%
EPR	D	-0.17%
RHI	C	-0.17%
CCI	C	-0.16%
FR	C	-0.16%
HUN	F	-0.16%
NNN	C	-0.16%
KRC	C	-0.16%
CHE	F	-0.16%
HIW	D	-0.15%
IPG	F	-0.15%
CACI	C	-0.14%
SWKS	F	-0.14%
STT	B	-0.13%
CSX	C	-0.13%
DFS	B	-0.13%
FBIN	F	-0.12%
WRB	B	-0.12%
VIRT	A	-0.12%
SLM	B	-0.11%
VVV	D	-0.11%
USB	B	-0.11%
GOOGL	B	-0.11%
WU	F	-0.11%
DVN	F	-0.1%
OXY	F	-0.1%
SMG	C	-0.1%
PFG	C	-0.1%
CARR	D	-0.09%
LOPE	B	-0.09%
FRT	B	-0.09%
RF	A	-0.09%
RGLD	C	-0.08%
SAIC	F	-0.08%
TNL	B	-0.07%
CFG	B	-0.07%
RBC	A	-0.07%
GEN	B	-0.07%
RMD	C	-0.07%
DLB	F	-0.06%
NKE	F	-0.06%
AFG	A	-0.06%
KEY	B	-0.06%
IRDM	F	-0.06%
NSA	C	-0.05%
CWEN	C	-0.05%
MMC	D	-0.05%
RRC	B	-0.05%
VLTO	C	-0.04%
SSNC	C	-0.04%
LSTR	D	-0.04%
CRI	F	-0.03%
FTRE	D	-0.03%
HOG	F	-0.03%
MNST	C	-0.03%
LEG	F	-0.02%
IDA	A	-0.02%
PLD	D	-0.01%
KSS	F	-0.01%
SON	F	-0.01%
ROKU	D	-0.0%