PFF vs. JPST ETF Comparison

Comparison of iShares US Preferred Stock ETF (PFF) to JPMorgan Ultra-Short Income ETF (JPST)

PFF

iShares US Preferred Stock ETF

PFF Description

The investment seeks to track the investment results of an index composed of U.S. preferred stocks. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P U.S. Preferred Stock IndexTM (the "underlying index"), which measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (" NYSE"), NYSE Arca, Inc. ("NYSE Arca"), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.61

Average Daily Volume

3,713,877

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.46

Average Daily Volume

5,129,806

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	PFF	JPST
30 Days	-2.05%	0.23%
60 Days	-0.15%	0.54%
90 Days	3.68%	1.13%
12 Months	14.94%	6.02%

28 Overlapping Holdings

Symbol	Grade	Weight in PFF	Weight in JPST	Overlap
ACR	B	0.07%	0.06%	0.06%
ARES	B	0.99%	0.03%	0.03%
BAC	A	0.06%	0.01%	0.01%
BAC	A	0.28%	0.01%	0.01%
BHF	B	0.15%	0.04%	0.04%
C	B	1.68%	0.01%	0.01%
CFG	B	0.24%	0.07%	0.07%
COF	B	0.06%	0.04%	0.04%
DUK	D	0.62%	0.08%	0.08%
EQH	B	0.14%	0.35%	0.14%
FITB	A	0.12%	0.1%	0.1%
GS	B	0.12%	0.01%	0.01%
HBAN	A	0.11%	0.01%	0.01%
JXN	C	0.37%	0.01%	0.01%
KEY	B	0.25%	0.01%	0.01%
KKR	B	0.25%	0.04%	0.04%
MET	C	0.36%	0.01%	0.01%
MS	A	0.25%	0.05%	0.05%
NEE	D	1.06%	0.03%	0.03%
NEE	D	0.42%	0.03%	0.03%
SCHW	B	0.32%	0.01%	0.01%
SO	D	0.38%	0.11%	0.11%
STT	B	0.31%	0.08%	0.08%
T	A	0.9%	0.14%	0.14%
T	A	0.65%	0.14%	0.14%
TFC	B	0.1%	0.01%	0.01%
USB	B	0.22%	0.01%	0.01%
WFC	A	0.31%	0.11%	0.11%

PFF Overweight 199 Positions Relative to JPST

Symbol	Grade	Weight
ALB	C	1.33%
HPE	B	1.15%
TBB	D	0.78%
SOJD	D	0.55%
TBC	D	0.51%
SREA	D	0.47%
RZC	A	0.46%
JPM	A	0.41%
APO	B	0.4%
CMSD	D	0.39%
F	C	0.37%
CHSCO	C	0.36%
WCC	B	0.35%
PRS	D	0.35%
LNC	B	0.35%
BTSG	B	0.34%
CHSCL	B	0.33%
SYF	B	0.32%
QRTEP	C	0.31%
DUKB	D	0.31%
CHSCM	D	0.31%
BANC	B	0.31%
GTLS	B	0.31%
BPYPM	C	0.3%
AXS	A	0.3%
FITBI	A	0.29%
CTDD	A	0.29%
UZE	A	0.28%
USM	C	0.28%
CHSCN	C	0.27%
SOJC	D	0.27%
TPG	B	0.26%
NLY	C	0.26%
RZB	C	0.25%
PFH	D	0.25%
CG	B	0.24%
EAI	D	0.23%
CHSCP	D	0.23%
TDS	C	0.23%
FG	B	0.23%
DTW	D	0.23%
NTRS	A	0.22%
PBI	C	0.22%
AGNCN	A	0.21%
ESGRP	C	0.21%
HIG	C	0.21%
PRU	B	0.2%
ATHS	C	0.2%
RLJ	C	0.2%
FCNCA	B	0.2%
UNMA	D	0.19%
RF	A	0.19%
ACGLO	D	0.19%
VOYA	B	0.19%
WTFCP	A	0.18%
UMH	C	0.18%
NGL	C	0.18%
MGR	D	0.18%
CMSC	C	0.17%
KREF	D	0.17%
GPJA	D	0.16%
TCBI	B	0.16%
OZKAP	D	0.16%
MTB	A	0.16%
WAL	B	0.16%
ALL	B	0.16%
EMP	D	0.15%
HPP	F	0.15%
ELC	D	0.15%
NAVI	D	0.15%
RNR	D	0.15%
NRUC	D	0.15%
SR	C	0.15%
WAFD	B	0.14%
AIZN	C	0.14%
PNFP	B	0.14%
AGNC	C	0.14%
GL	B	0.14%
TVC	D	0.14%
FBRT	C	0.14%
KIM	A	0.13%
SFB	D	0.13%
SNV	B	0.13%
DBRG	F	0.13%
DDT	A	0.13%
KMI	B	0.13%
NSA	D	0.13%
WRB	B	0.12%
SLMBP	C	0.12%
EIX	C	0.12%
SLG	C	0.12%
CMSA	D	0.12%
VNO	C	0.12%
FCNCO	D	0.12%
SITC	F	0.11%
LBRDP	C	0.11%
AUB	A	0.11%
DHC	F	0.11%
HWC	B	0.11%
AFGC	D	0.11%
NYMTM	A	0.11%
CMS	D	0.11%
DTE	D	0.11%
DLR	C	0.11%
TVE	C	0.11%
WSBC	B	0.1%
SPLP	D	0.1%
FULT	B	0.1%
AHH	D	0.1%
SIGI	B	0.1%
RITM	C	0.1%
VLY	B	0.1%
AFGE	D	0.1%
SF	A	0.1%
ADC	A	0.09%
CIM	D	0.09%
GPMT	C	0.09%
AMG	B	0.09%
KMPR	A	0.09%
AFGD	A	0.09%
CADE	B	0.09%
ARR	C	0.09%
AGNCL	B	0.09%
CION	D	0.09%
BNRE.A	A	0.09%
ZIONO	B	0.09%
TRTX	B	0.09%
ATLC	A	0.08%
CFR	B	0.08%
GAIN	B	0.08%
TWO	F	0.08%
FHN	A	0.08%
AFGB	D	0.08%
BOH	B	0.08%
QVCD	D	0.08%
NYMTL	A	0.08%
LANDO	D	0.08%
CTVA	C	0.08%
BC	D	0.08%
CNO	B	0.08%
WTFCM	A	0.08%
ARGD	D	0.08%
MBIN	D	0.08%
FRT	B	0.08%
NYMTN	D	0.08%
WBS	A	0.08%
EPR	D	0.07%
CLDT	B	0.07%
BPOPM	D	0.07%
BW	C	0.07%
PSA	D	0.07%
PCG	A	0.07%
ENO	C	0.07%
AMH	C	0.07%
IVR	D	0.07%
FCRX	B	0.07%
DCOMP	C	0.07%
CTO	B	0.07%
RILY	F	0.07%
ABR	B	0.07%
VLYPP	A	0.07%
FTAI	B	0.07%
ONB	B	0.07%
NEWT	B	0.07%
PMT	D	0.07%
MFA	D	0.07%
HTLF	B	0.07%
MSBI	B	0.07%
NMFC	D	0.07%
TRIN	A	0.07%
DRH	C	0.07%
EQC	C	0.07%
MHNC	B	0.07%
REG	A	0.07%
DX	B	0.07%
SNCR	F	0.07%
RILYN	F	0.06%
BFS	C	0.06%
PEB	F	0.06%
LXP	D	0.06%
VLYPO	A	0.06%
GNL	F	0.06%
CNOB	B	0.06%
EFC	C	0.06%
CODI	B	0.06%
SAR	A	0.06%
PSEC	F	0.06%
FATBP	F	0.05%
MHLA	A	0.05%
CIO	F	0.05%
INN	D	0.05%
RC	D	0.05%
FOSL	B	0.05%
ASB	B	0.05%
SHO	D	0.05%
SLNHP	B	0.04%
OPI	F	0.04%
BHR	B	0.03%
XELAP	F	0.0%

PFF Underweight 86 Positions Relative to JPST

Symbol	Grade	Weight
CASH	B	-2.2%
TMO	F	-0.74%
AZN	F	-0.57%
KDP	C	-0.31%
CCEP	C	-0.3%
ATO	B	-0.3%
MCD	C	-0.29%
LDOS	C	-0.26%
BXMT	D	-0.25%
SNX	C	-0.23%
TDY	B	-0.22%
HART	D	-0.19%
BA	F	-0.18%
D	D	-0.17%
OGS	B	-0.17%
VZ	D	-0.16%
ETR	B	-0.16%
CNP	B	-0.14%
GILD	B	-0.13%
DB	D	-0.13%
CAG	F	-0.13%
AAPL	C	-0.12%
VTRS	B	-0.1%
GM	B	-0.1%
HUM	D	-0.09%
WEC	B	-0.09%
MLM	B	-0.09%
JBHT	C	-0.09%
IFF	F	-0.08%
DT	C	-0.08%
CI	D	-0.08%
NEM	F	-0.08%
KR	A	-0.07%
BX	A	-0.07%
HSBC	B	-0.07%
SBUX	B	-0.06%
BG	D	-0.06%
SEB	F	-0.06%
XOM	B	-0.06%
AEP	D	-0.05%
AL	B	-0.05%
ORCL	A	-0.04%
MDLZ	F	-0.04%
ABBV	F	-0.04%
PL	B	-0.04%
CHD	A	-0.03%
R	B	-0.03%
ROP	A	-0.03%
BCC	B	-0.03%
BMO	A	-0.03%
HON	B	-0.02%
WLK	F	-0.02%
MSC	F	-0.02%
ETN	B	-0.02%
AZO	B	-0.02%
GSK	F	-0.02%
DIS	B	-0.02%
AER	B	-0.02%
BNS	A	-0.02%
EPD	A	-0.01%
ABT	C	-0.01%
PFE	F	-0.01%
IBM	D	-0.01%
ICE	C	-0.01%
MCO	C	-0.01%
DHR	F	-0.01%
CSL	B	-0.01%
BMY	B	-0.01%
PSX	C	-0.01%
PNC	B	-0.01%
BK	B	-0.01%
UNH	B	-0.01%
MMM	C	-0.01%
AXP	B	-0.01%
CAT	B	-0.01%
PM	B	-0.01%
ES	D	-0.01%
UBS	B	-0.01%
RY	C	-0.01%
DE	D	-0.01%
MUFG	A	-0.01%
NWG	B	-0.01%
TD	D	-0.01%
PFG	C	-0.01%
CM	A	-0.01%
AIG	B	-0.01%