QUAL vs. JQUA ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to JPMorgan U.S. Quality Factor ETF (JQUA)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

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

$59.18

Average Daily Volume

481,509

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	JQUA
30 Days	1.61%	4.45%
60 Days	2.39%	5.31%
90 Days	3.34%	7.31%
12 Months	30.86%	31.33%

78 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in JQUA	Overlap
A	D	0.2%	0.31%	0.2%
AAPL	C	5.44%	1.86%	1.86%
ACGL	D	0.26%	0.29%	0.26%
ACN	C	1.67%	0.88%	0.88%
ADBE	C	1.76%	0.84%	0.84%
ADP	B	1.75%	0.58%	0.58%
AFG	A	0.06%	0.14%	0.06%
AFL	B	0.42%	0.39%	0.39%
AMAT	F	1.17%	0.68%	0.68%
AMP	A	0.33%	0.38%	0.33%
AOS	F	0.06%	0.11%	0.06%
APH	A	0.5%	0.51%	0.5%
ATO	A	0.4%	0.09%	0.09%
BBY	D	0.29%	0.15%	0.15%
BLK	C	0.99%	0.62%	0.62%
CBOE	B	0.14%	0.2%	0.14%
CDNS	B	0.58%	0.45%	0.45%
COP	C	1.73%	0.4%	0.4%
COST	B	2.55%	1.51%	1.51%
CSCO	B	1.74%	1.02%	1.02%
CTAS	B	0.6%	0.47%	0.47%
DECK	A	0.49%	0.32%	0.32%
EA	A	0.2%	0.35%	0.2%
ED	D	0.5%	0.21%	0.21%
EQR	B	0.18%	0.08%	0.08%
EW	C	0.24%	0.24%	0.24%
EXPD	D	0.12%	0.21%	0.12%
FAST	B	0.42%	0.09%	0.09%
FDS	B	0.12%	0.23%	0.12%
GGG	B	0.11%	0.21%	0.11%
GOOGL	C	1.77%	1.89%	1.77%
GWW	B	0.59%	0.41%	0.41%
IDXX	F	0.3%	0.28%	0.28%
ITW	B	0.73%	0.44%	0.44%
JKHY	D	0.09%	0.14%	0.09%
JNJ	D	2.15%	1.4%	1.4%
KEYS	A	0.15%	0.24%	0.15%
KLAC	D	0.77%	0.46%	0.46%
KO	D	1.43%	0.76%	0.76%
LIN	D	1.14%	0.88%	0.88%
LMT	D	1.08%	0.58%	0.58%
LRCX	F	0.73%	0.46%	0.46%
LULU	C	0.66%	0.37%	0.37%
MA	C	4.22%	1.58%	1.58%
MANH	D	0.2%	0.26%	0.2%
MCO	B	0.53%	0.44%	0.44%
META	D	4.09%	2.07%	2.07%
MMC	B	0.74%	0.53%	0.53%
MMM	D	0.5%	0.33%	0.33%
MPWR	F	0.18%	0.17%	0.17%
MSFT	F	4.5%	1.72%	1.72%
NKE	D	1.41%	0.48%	0.48%
NTAP	C	0.21%	0.18%	0.18%
NVDA	C	6.93%	2.22%	2.22%
NVR	D	0.52%	0.27%	0.27%
PAYC	B	0.08%	0.24%	0.08%
PAYX	C	0.49%	0.34%	0.34%
PEG	A	0.69%	0.12%	0.12%
PHM	D	0.43%	0.06%	0.06%
POOL	C	0.22%	0.23%	0.22%
PSA	D	0.55%	0.35%	0.35%
QCOM	F	1.15%	0.76%	0.76%
RMD	C	0.17%	0.29%	0.17%
ROL	B	0.12%	0.21%	0.12%
RS	B	0.09%	0.06%	0.06%
SEIC	B	0.07%	0.25%	0.07%
SNPS	B	0.51%	0.46%	0.46%
SOLV	C	0.05%	0.17%	0.05%
TJX	A	2.03%	0.63%	0.63%
TPL	A	0.58%	0.11%	0.11%
TSCO	D	0.43%	0.11%	0.11%
ULTA	F	0.31%	0.14%	0.14%
UTHR	C	0.08%	0.27%	0.08%
V	A	4.5%	1.83%	1.83%
WAT	B	0.13%	0.06%	0.06%
WSM	B	0.29%	0.24%	0.24%
WSO	A	0.12%	0.27%	0.12%
ZTS	D	0.51%	0.44%	0.44%

QUAL Overweight 45 Positions Relative to JQUA

Symbol	Grade	Weight
LLY	F	3.42%
UNH	C	2.81%
NFLX	A	1.76%
GOOG	C	1.55%
CAT	B	1.4%
TXN	C	1.34%
CMG	B	1.26%
PEP	F	1.1%
SRE	A	0.93%
SLB	C	0.89%
ANET	C	0.73%
PLD	D	0.71%
DHI	D	0.7%
VRTX	F	0.62%
SHW	A	0.57%
CME	A	0.52%
GRMN	B	0.48%
APD	A	0.35%
CBRE	B	0.35%
ODFL	B	0.34%
FERG	B	0.28%
CSGP	D	0.26%
AVB	B	0.24%
ROK	B	0.22%
EQT	B	0.22%
VLTO	D	0.21%
MNST	C	0.21%
APA	D	0.19%
TROW	B	0.19%
EME	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
PPG	F	0.15%
HSY	F	0.15%
WST	C	0.12%
OMC	C	0.1%
PKG	A	0.1%
ERIE	D	0.09%
MOH	F	0.09%
AVY	D	0.08%
MKTX	D	0.07%
ENPH	F	0.06%
SMCI	F	0.06%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 200 Positions Relative to JQUA

Symbol	Grade	Weight
BRK.A	B	-1.86%
XOM	B	-1.71%
HD	A	-1.51%
PG	A	-1.33%
CRM	B	-1.3%
AVGO	D	-1.25%
ABBV	D	-1.17%
MRK	F	-0.99%
ORCL	B	-0.97%
NOW	A	-0.88%
MCD	D	-0.87%
APP	B	-0.86%
ABT	B	-0.85%
INTU	C	-0.82%
BKNG	A	-0.79%
CVX	A	-0.72%
IBM	C	-0.67%
UNP	C	-0.66%
PANW	C	-0.63%
PLTR	B	-0.62%
BMY	B	-0.61%
GILD	C	-0.6%
SBUX	A	-0.56%
SPGI	C	-0.53%
ADI	D	-0.53%
WM	A	-0.5%
MO	A	-0.5%
CB	C	-0.47%
VZ	C	-0.46%
FTNT	C	-0.44%
ORLY	B	-0.43%
MAR	B	-0.43%
PGR	A	-0.43%
DASH	A	-0.43%
AON	A	-0.42%
CRWD	B	-0.41%
REGN	F	-0.41%
BDX	F	-0.4%
TRV	B	-0.39%
AJG	B	-0.39%
CL	D	-0.39%
MRVL	B	-0.38%
CPRT	A	-0.37%
EOG	A	-0.37%
ICE	C	-0.36%
CTSH	B	-0.34%
IT	C	-0.34%
RSG	A	-0.34%
MSI	B	-0.34%
TEAM	A	-0.33%
VRSK	A	-0.33%
ROST	C	-0.31%
DOCU	A	-0.31%
EBAY	D	-0.3%
T	A	-0.3%
BRO	B	-0.29%
SPG	B	-0.29%
BR	A	-0.29%
KMB	D	-0.29%
NDAQ	A	-0.29%
WDAY	B	-0.29%
DDOG	A	-0.29%
WEC	A	-0.29%
CSL	C	-0.28%
ABNB	C	-0.28%
VRT	B	-0.28%
EXPE	B	-0.27%
ROP	B	-0.27%
YUM	B	-0.27%
FFIV	B	-0.27%
ALSN	B	-0.26%
RNG	B	-0.26%
MCHP	D	-0.26%
WRB	A	-0.25%
WY	D	-0.25%
CLH	B	-0.25%
HOLX	D	-0.24%
HST	C	-0.24%
DBX	B	-0.24%
MCK	B	-0.24%
LOPE	B	-0.23%
MEDP	D	-0.23%
LAMR	D	-0.23%
MTD	D	-0.23%
EXR	D	-0.23%
LEN	D	-0.23%
CTRA	B	-0.23%
LSTR	D	-0.22%
TOST	B	-0.22%
VRSN	F	-0.22%
SNOW	C	-0.22%
HIG	B	-0.22%
LECO	B	-0.22%
JAZZ	B	-0.22%
DRI	B	-0.22%
CLX	B	-0.22%
TWLO	A	-0.22%
HPQ	B	-0.21%
IEX	B	-0.21%
CHE	D	-0.21%
SCCO	F	-0.21%
MAA	B	-0.21%
DOX	D	-0.21%
WMT	A	-0.21%
OGE	B	-0.21%
CF	B	-0.2%
ZS	C	-0.2%
TPR	B	-0.2%
DT	C	-0.2%
LDOS	C	-0.2%
TER	D	-0.2%
HRB	D	-0.2%
DVA	B	-0.2%
FNF	B	-0.19%
HPE	B	-0.19%
ANSS	B	-0.19%
BLDR	D	-0.19%
LSCC	D	-0.19%
TYL	B	-0.19%
DKS	C	-0.19%
CBSH	A	-0.19%
ZM	B	-0.19%
PSTG	D	-0.19%
SWKS	F	-0.18%
AKAM	D	-0.18%
PEN	B	-0.18%
NFG	A	-0.17%
NTNX	A	-0.17%
UGI	A	-0.16%
AYI	B	-0.16%
DLB	B	-0.16%
SAIC	F	-0.16%
EPAM	C	-0.16%
JBL	B	-0.16%
EXP	A	-0.16%
STE	F	-0.16%
AMT	D	-0.16%
GEN	B	-0.16%
DCI	B	-0.16%
CDW	F	-0.16%
TDC	D	-0.15%
NRG	B	-0.15%
RPM	A	-0.15%
CRI	D	-0.15%
PINS	D	-0.15%
PEGA	A	-0.15%
WMS	D	-0.15%
MSGS	A	-0.15%
ELS	C	-0.14%
CNM	D	-0.14%
CHD	B	-0.14%
EVRG	A	-0.14%
PRI	A	-0.14%
MTSI	B	-0.14%
RPRX	D	-0.14%
SMAR	A	-0.13%
SSNC	B	-0.13%
MSM	C	-0.13%
PCOR	B	-0.13%
CCI	D	-0.12%
DXC	B	-0.12%
OKTA	C	-0.12%
ENTG	D	-0.12%
PATH	C	-0.12%
WU	D	-0.12%
GWRE	A	-0.11%
SKX	D	-0.11%
YETI	C	-0.11%
NDSN	B	-0.11%
CRUS	D	-0.11%
BSY	D	-0.11%
DV	C	-0.11%
MTCH	D	-0.11%
CNC	D	-0.11%
COR	B	-0.1%
WH	B	-0.1%
CPT	B	-0.1%
RLI	B	-0.1%
QRVO	F	-0.1%
BYD	C	-0.1%
CHH	A	-0.09%
ZI	D	-0.09%
COKE	C	-0.09%
LPX	B	-0.09%
IPGP	D	-0.09%
OLN	D	-0.09%
QGEN	D	-0.08%
MPC	D	-0.08%
SIRI	C	-0.08%
INGR	B	-0.08%
PINC	B	-0.07%
GLPI	C	-0.07%
TECH	D	-0.06%
CUBE	D	-0.05%
UPS	C	-0.04%
GNTX	C	-0.04%
AM	A	-0.03%
CHRW	C	-0.02%
VIRT	B	-0.01%
SNX	C	-0.0%

JQUA: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Business Services Diversified Industrials Specialty Retail Diagnostics & Research Insurance - Property & Casualty Semiconductor Equipment & Materials Biotechnology Drug Manufacturers - Major Household & Personal Products Internet Content & Information Capital Markets Industrial Distribution Insurance Brokers Integrated Shipping & Logistics Medical Instruments & Supplies Oil & Gas E&P