ACWI vs. HELO ETF Comparison

Comparison of iShares MSCI ACWI Index Fund (ACWI) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$120.44

Average Daily Volume

1,917,440

Number of Holdings ^*

616

* may have additional holdings in another (foreign) market

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

HELO Description

The fund seeks to provide capital appreciation through participation in the broad equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. The fund uses an enhanced index strategy to invest in equity securities similar to those in the S&P 500 Index, which primarily consist of common stocks of large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$62.66

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	ACWI	HELO
30 Days	1.42%	1.57%
60 Days	1.89%	3.39%
90 Days	3.03%	4.59%
12 Months	25.57%	20.91%

158 Overlapping Holdings

Symbol	Grade	Weight in ACWI	Weight in HELO	Overlap
AAPL	C	4.24%	6.83%	4.24%
ABBV	D	0.38%	1.14%	0.38%
ABT	B	0.26%	0.19%	0.19%
ACN	C	0.28%	0.21%	0.21%
ADBE	C	0.28%	0.18%	0.18%
ADI	D	0.14%	0.72%	0.14%
AMD	F	0.29%	0.45%	0.29%
AME	A	0.06%	0.06%	0.06%
AMP	A	0.07%	0.2%	0.07%
AMZN	C	2.45%	4.5%	2.45%
ANET	C	0.13%	0.15%	0.13%
AON	A	0.1%	0.44%	0.1%
APTV	D	0.02%	0.1%	0.02%
AVGO	D	0.93%	1.02%	0.93%
AXP	A	0.21%	0.21%	0.21%
AZO	C	0.07%	0.65%	0.07%
BAC	A	0.42%	1.26%	0.42%
BAX	D	0.02%	0.06%	0.02%
BBY	D	0.02%	0.2%	0.02%
BIIB	F	0.03%	0.12%	0.03%
BKNG	A	0.22%	0.75%	0.22%
BKR	B	0.05%	0.24%	0.05%
BMRN	D	0.01%	0.03%	0.01%
BMY	B	0.15%	0.68%	0.15%
BRK.A	B	0.79%	1.53%	0.79%
BSX	B	0.17%	0.52%	0.17%
BURL	A	0.02%	0.24%	0.02%
C	A	0.17%	0.3%	0.17%
CARR	D	0.08%	0.46%	0.08%
CDNS	B	0.11%	0.17%	0.11%
CHD	B	0.03%	0.3%	0.03%
CHTR	C	0.05%	0.25%	0.05%
CI	F	0.12%	0.34%	0.12%
CMCSA	B	0.21%	0.71%	0.21%
CME	A	0.1%	0.59%	0.1%
CMG	B	0.1%	0.51%	0.1%
CMS	C	0.02%	0.1%	0.02%
COP	C	0.17%	0.81%	0.17%
COST	B	0.53%	0.53%	0.53%
CPAY	A	0.03%	0.47%	0.03%
CRM	B	0.4%	1.15%	0.4%
CSX	B	0.09%	0.41%	0.09%
CTSH	B	0.05%	0.49%	0.05%
CVX	A	0.36%	0.18%	0.18%
DAL	C	0.01%	0.23%	0.01%
DASH	A	0.07%	0.11%	0.07%
DE	A	0.13%	0.68%	0.13%
DHR	F	0.2%	0.44%	0.2%
DIS	B	0.26%	0.31%	0.26%
DLR	B	0.08%	0.39%	0.08%
DOW	F	0.04%	0.35%	0.04%
EL	F	0.02%	0.05%	0.02%
ELS	C	0.02%	0.19%	0.02%
EOG	A	0.1%	0.47%	0.1%
EQIX	A	0.11%	0.07%	0.07%
EQT	B	0.03%	0.06%	0.03%
ETN	A	0.19%	0.38%	0.19%
EXPE	B	0.03%	0.29%	0.03%
FANG	D	0.04%	0.31%	0.04%
FDX	B	0.09%	0.33%	0.09%
FICO	B	0.07%	0.12%	0.07%
FIS	C	0.06%	0.52%	0.06%
FITB	A	0.04%	0.48%	0.04%
GOOG	C	1.16%	1.46%	1.16%
GOOGL	C	1.34%	2.09%	1.34%
GS	A	0.24%	0.75%	0.24%
HCA	F	0.09%	0.11%	0.09%
HLT	A	0.08%	0.36%	0.08%
HON	B	0.19%	0.98%	0.19%
HPE	B	0.03%	0.18%	0.03%
HUM	C	0.04%	0.16%	0.04%
HWM	A	0.06%	0.62%	0.06%
INTU	C	0.23%	0.51%	0.23%
IR	B	0.05%	0.23%	0.05%
JNJ	D	0.47%	0.51%	0.47%
KKR	A	0.12%	0.2%	0.12%
KO	D	0.33%	0.63%	0.33%
KVUE	A	0.06%	0.26%	0.06%
LDOS	C	0.03%	0.39%	0.03%
LEN	D	0.05%	0.14%	0.05%
LIN	D	0.27%	0.82%	0.27%
LKQ	D	0.01%	0.02%	0.01%
LLY	F	0.75%	1.07%	0.75%
LOW	D	0.19%	0.99%	0.19%
LRCX	F	0.12%	0.37%	0.12%
LULU	C	0.04%	0.13%	0.04%
LYB	F	0.03%	0.23%	0.03%
MA	C	0.55%	1.72%	0.55%
MAS	D	0.02%	0.23%	0.02%
MCD	D	0.27%	0.81%	0.27%
MCK	B	0.1%	0.16%	0.1%
MDLZ	F	0.11%	0.72%	0.11%
MDT	D	0.14%	0.46%	0.14%
MET	A	0.07%	0.3%	0.07%
META	D	1.57%	2.9%	1.57%
MLM	B	0.05%	0.16%	0.05%
MMC	B	0.14%	0.14%	0.14%
MNST	C	0.05%	0.32%	0.05%
MO	A	0.12%	0.15%	0.12%
MRK	F	0.31%	0.24%	0.24%
MRVL	B	0.1%	0.06%	0.06%
MSFT	F	3.76%	7.13%	3.76%
MSI	B	0.1%	0.17%	0.1%
MU	D	0.14%	0.57%	0.14%
NBIX	C	0.01%	0.08%	0.01%
NEE	D	0.2%	0.83%	0.2%
NOC	D	0.09%	0.17%	0.09%
NOW	A	0.27%	0.94%	0.27%
NRG	B	0.03%	0.04%	0.03%
NUE	C	0.04%	0.11%	0.04%
NVDA	C	4.62%	7.8%	4.62%
NXPI	D	0.07%	0.72%	0.07%
ORCL	B	0.4%	0.36%	0.36%
OTIS	C	0.05%	0.5%	0.05%
PCAR	B	0.07%	0.18%	0.07%
PCG	A	0.05%	0.5%	0.05%
PEP	F	0.27%	0.83%	0.27%
PFG	D	0.03%	0.13%	0.03%
PG	A	0.51%	0.14%	0.14%
PGR	A	0.19%	0.75%	0.19%
PLD	D	0.14%	0.5%	0.14%
PM	B	0.25%	0.32%	0.25%
PPG	F	0.04%	0.21%	0.04%
RCL	A	0.07%	0.34%	0.07%
REGN	F	0.1%	0.45%	0.1%
ROST	C	0.06%	0.44%	0.06%
SBAC	D	0.03%	0.31%	0.03%
SCHW	B	0.15%	0.42%	0.15%
SO	D	0.12%	0.84%	0.12%
SQ	B	0.06%	0.14%	0.06%
STX	D	0.03%	0.41%	0.03%
SYK	C	0.17%	0.76%	0.17%
T	A	0.21%	0.18%	0.18%
TDG	D	0.09%	0.52%	0.09%
TFC	A	0.08%	0.56%	0.08%
TGT	F	0.09%	0.14%	0.09%
TMO	F	0.25%	0.89%	0.25%
TMUS	B	0.16%	0.17%	0.16%
TRV	B	0.07%	0.34%	0.07%
TSLA	B	1.27%	1.58%	1.27%
TT	A	0.12%	0.96%	0.12%
TXN	C	0.23%	0.87%	0.23%
TXT	D	0.02%	0.29%	0.02%
UBER	D	0.17%	0.58%	0.17%
UNH	C	0.68%	1.62%	0.68%
UNP	C	0.18%	0.17%	0.17%
UPS	C	0.12%	0.54%	0.12%
URI	B	0.07%	0.13%	0.07%
USB	A	0.1%	0.33%	0.1%
V	A	0.63%	1.49%	0.63%
VRTX	F	0.15%	0.6%	0.15%
VST	B	0.07%	0.1%	0.07%
VTR	C	0.03%	0.39%	0.03%
WDC	D	0.03%	0.18%	0.03%
WELL	A	0.11%	0.27%	0.11%
WFC	A	0.33%	1.0%	0.33%
XOM	B	0.68%	1.43%	0.68%
YUM	B	0.05%	0.5%	0.05%

ACWI Overweight 458 Positions Relative to HELO

Symbol	Grade	Weight
JPM	A	0.89%
HD	A	0.52%
WMT	A	0.49%
NFLX	A	0.48%
CSCO	B	0.29%
GE	D	0.25%
CAT	B	0.24%
ISRG	A	0.24%
IBM	C	0.24%
TM	D	0.23%
QCOM	F	0.23%
VZ	C	0.22%
SPGI	C	0.21%
MS	A	0.21%
BABA	D	0.21%
RTX	C	0.2%
AMGN	D	0.19%
BLK	C	0.19%
AMAT	F	0.18%
PFE	D	0.18%
MUFG	B	0.17%
BX	A	0.17%
TJX	A	0.17%
PANW	C	0.16%
FI	A	0.16%
PLTR	B	0.16%
LMT	D	0.15%
SONY	B	0.15%
ADP	B	0.15%
BA	F	0.14%
CB	C	0.14%
GILD	C	0.14%
SBUX	A	0.14%
INTC	D	0.13%
ELV	F	0.12%
GEV	B	0.12%
AMT	D	0.12%
KLAC	D	0.11%
PYPL	B	0.11%
APH	A	0.11%
DUK	C	0.11%
MELI	D	0.11%
WM	A	0.11%
HDB	C	0.11%
NKE	D	0.11%
PH	A	0.11%
SMFG	B	0.11%
ICE	C	0.11%
SHW	A	0.11%
MCO	B	0.1%
ITW	B	0.1%
ZTS	D	0.1%
IBN	C	0.1%
PNC	B	0.1%
CTAS	B	0.1%
SNPS	B	0.1%
CRWD	B	0.1%
APO	B	0.09%
MSTR	C	0.09%
COF	B	0.09%
MAR	B	0.09%
CVS	D	0.09%
CRH	A	0.09%
MMM	D	0.09%
ORLY	B	0.09%
WMB	A	0.09%
APD	A	0.09%
CL	D	0.09%
EMR	A	0.09%
CEG	D	0.09%
SPG	B	0.08%
SLB	C	0.08%
ROP	B	0.08%
AFL	B	0.08%
SRE	A	0.08%
COIN	C	0.08%
FCX	D	0.08%
ECL	D	0.08%
GM	B	0.08%
GD	F	0.08%
AJG	B	0.08%
OKE	A	0.08%
ADSK	A	0.08%
APP	B	0.08%
BDX	F	0.08%
LNG	B	0.07%
ALL	A	0.07%
AIG	B	0.07%
PSA	D	0.07%
GWW	B	0.07%
TTD	B	0.07%
WDAY	B	0.07%
PSX	C	0.07%
JCI	C	0.07%
MPC	D	0.07%
BK	A	0.07%
ABNB	C	0.07%
MFG	B	0.07%
NSC	B	0.07%
KMI	A	0.07%
FTNT	C	0.07%
DFS	B	0.06%
PEG	A	0.06%
KMB	D	0.06%
AXON	A	0.06%
PAYX	C	0.06%
TEL	B	0.06%
CCI	D	0.06%
LHX	C	0.06%
PRU	A	0.06%
RSG	A	0.06%
VLO	C	0.06%
FLUT	A	0.06%
FAST	B	0.06%
MSCI	C	0.06%
PWR	A	0.06%
D	C	0.06%
DHI	D	0.06%
CPRT	A	0.06%
WCN	A	0.06%
NEM	D	0.06%
CMI	A	0.06%
O	D	0.06%
AEP	D	0.06%
VRT	B	0.06%
EXR	D	0.05%
HPQ	B	0.05%
VMC	B	0.05%
DDOG	A	0.05%
MTB	A	0.05%
SYY	B	0.05%
KDP	D	0.05%
HIG	B	0.05%
ACGL	D	0.05%
A	D	0.05%
GLW	B	0.05%
XEL	A	0.05%
EXC	C	0.05%
DELL	C	0.05%
TEAM	A	0.05%
STZ	D	0.05%
SNOW	C	0.05%
IT	C	0.05%
KR	B	0.05%
CTVA	C	0.05%
HES	B	0.05%
VRSK	A	0.05%
CBRE	B	0.05%
HMC	F	0.05%
FERG	B	0.05%
TRGP	B	0.05%
ODFL	B	0.05%
EA	A	0.05%
EW	C	0.05%
F	C	0.05%
COR	B	0.05%
PHM	D	0.04%
BR	A	0.04%
TPL	A	0.04%
DOV	A	0.04%
ON	D	0.04%
MPWR	F	0.04%
SW	A	0.04%
CSGP	D	0.04%
NET	B	0.04%
CAH	B	0.04%
NVR	D	0.04%
ALNY	D	0.04%
STT	A	0.04%
GPN	B	0.04%
XYL	D	0.04%
TSCO	D	0.04%
TTWO	A	0.04%
DXCM	D	0.04%
WEC	A	0.04%
ANSS	B	0.04%
EFX	F	0.04%
CNC	D	0.04%
ROK	B	0.04%
ETR	B	0.04%
EBAY	D	0.04%
VEEV	C	0.04%
ED	D	0.04%
AVB	B	0.04%
WTW	B	0.04%
VICI	C	0.04%
EIX	B	0.04%
ARES	A	0.04%
HUBS	A	0.04%
OXY	D	0.04%
GRMN	B	0.04%
RJF	A	0.04%
TCOM	B	0.04%
DD	D	0.04%
IDXX	F	0.04%
IRM	D	0.04%
WAB	B	0.04%
MCHP	D	0.04%
GIS	D	0.04%
RMD	C	0.04%
NDAQ	A	0.04%
IQV	D	0.04%
GEHC	F	0.04%
FDS	B	0.03%
LH	C	0.03%
OMC	C	0.03%
DRI	B	0.03%
CLX	B	0.03%
COO	D	0.03%
SNA	A	0.03%
WAT	B	0.03%
LII	A	0.03%
CBOE	B	0.03%
PKG	A	0.03%
MDB	C	0.03%
STE	F	0.03%
NTRS	A	0.03%
TDY	B	0.03%
WY	D	0.03%
ILMN	D	0.03%
CNP	B	0.03%
CSL	C	0.03%
STLD	B	0.03%
K	A	0.03%
WBD	C	0.03%
CFG	B	0.03%
ES	D	0.03%
LYV	A	0.03%
ATO	A	0.03%
WST	C	0.03%
INVH	D	0.03%
MKL	A	0.03%
BLDR	D	0.03%
PTC	A	0.03%
ZBH	C	0.03%
LPLA	A	0.03%
FE	C	0.03%
IFF	D	0.03%
FCNCA	A	0.03%
EME	C	0.03%
CINF	A	0.03%
BIDU	F	0.03%
HUBB	B	0.03%
DVN	F	0.03%
CDW	F	0.03%
RF	A	0.03%
RBLX	C	0.03%
MTD	D	0.03%
HSY	F	0.03%
DTE	C	0.03%
NTAP	C	0.03%
TYL	B	0.03%
FTV	C	0.03%
PPL	B	0.03%
VLTO	D	0.03%
CCL	B	0.03%
EQR	B	0.03%
TROW	B	0.03%
BRO	B	0.03%
KEYS	A	0.03%
HAL	C	0.03%
ADM	D	0.03%
GDDY	A	0.03%
DECK	A	0.03%
HBAN	A	0.03%
AWK	D	0.03%
SYF	B	0.03%
AEE	A	0.03%
KHC	F	0.03%
DKS	C	0.02%
KMX	B	0.02%
ALB	C	0.02%
HST	C	0.02%
UHS	D	0.02%
MRNA	F	0.02%
AIZ	A	0.02%
OKTA	C	0.02%
CPT	B	0.02%
AMH	D	0.02%
NDSN	B	0.02%
REG	B	0.02%
Z	A	0.02%
BG	F	0.02%
ALLE	D	0.02%
JKHY	D	0.02%
CHRW	C	0.02%
CAG	D	0.02%
UDR	B	0.02%
SWK	D	0.02%
AKAM	D	0.02%
WPC	D	0.02%
AVTR	F	0.02%
EPAM	C	0.02%
SWKS	F	0.02%
HEI	B	0.02%
DT	C	0.02%
DLTR	F	0.02%
CHT	D	0.02%
POOL	C	0.02%
RVTY	F	0.02%
LI	F	0.02%
ROL	B	0.02%
FFIV	B	0.02%
DOC	D	0.02%
TOST	B	0.02%
AMCR	D	0.02%
SMCI	F	0.02%
ACM	A	0.02%
VTRS	A	0.02%
GGG	B	0.02%
EVRG	A	0.02%
ENTG	D	0.02%
JBHT	C	0.02%
UTHR	C	0.02%
TER	D	0.02%
JBL	B	0.02%
DPZ	C	0.02%
NI	A	0.02%
TW	A	0.02%
SSNC	B	0.02%
HEI	B	0.02%
ALGN	D	0.02%
GLPI	C	0.02%
VRSN	F	0.02%
LNT	A	0.02%
EG	C	0.02%
TWLO	A	0.02%
FWONK	B	0.02%
UMC	F	0.02%
J	F	0.02%
CF	B	0.02%
DOCU	A	0.02%
ULTA	F	0.02%
MOH	F	0.02%
PSTG	D	0.02%
FNF	B	0.02%
KIM	A	0.02%
DG	F	0.02%
MANH	D	0.02%
GEN	B	0.02%
SUI	D	0.02%
AVY	D	0.02%
KEY	B	0.02%
LVS	C	0.02%
GPC	D	0.02%
EXPD	D	0.02%
TSN	B	0.02%
RPM	A	0.02%
OC	A	0.02%
ARE	D	0.02%
YUMC	C	0.02%
PINS	D	0.02%
MRO	B	0.02%
EQH	B	0.02%
RS	B	0.02%
TRMB	B	0.02%
WSM	B	0.02%
IP	B	0.02%
IEX	B	0.02%
L	A	0.02%
MAA	B	0.02%
DGX	A	0.02%
HOOD	B	0.02%
WSO	A	0.02%
MKC	D	0.02%
WRB	A	0.02%
DKNG	B	0.02%
BALL	D	0.02%
NMR	B	0.02%
ZM	B	0.02%
BAH	F	0.02%
PODD	C	0.02%
FSLR	F	0.02%
ZBRA	B	0.02%
PNR	A	0.02%
HOLX	D	0.02%
TRU	D	0.02%
ZS	C	0.02%
CTRA	B	0.02%
ESS	B	0.02%
EXE	B	0.02%
CELH	F	0.01%
MBAVU	D	0.01%
BILI	D	0.01%
WLK	D	0.01%
UHAL	D	0.01%
LUV	C	0.01%
PARA	C	0.01%
WBA	F	0.01%
H	B	0.01%
DINO	D	0.01%
FOX	A	0.01%
AGCO	D	0.01%
BEN	C	0.01%
BBWI	D	0.01%
ACI	C	0.01%
QRVO	F	0.01%
NIO	F	0.01%
AZPN	A	0.01%
XPEV	C	0.01%
RIVN	F	0.01%
BIO	D	0.01%
MTCH	D	0.01%
HII	D	0.01%
CE	F	0.01%
APA	D	0.01%
MOS	F	0.01%
BSY	D	0.01%
TTC	D	0.01%
TME	D	0.01%
WIT	A	0.01%
ENPH	F	0.01%
HRL	D	0.01%
FBIN	D	0.01%
DVA	B	0.01%
WTRG	B	0.01%
CRL	C	0.01%
CPB	D	0.01%
MGM	D	0.01%
RPRX	D	0.01%
KNX	B	0.01%
NLY	C	0.01%
ROKU	D	0.01%
TFX	F	0.01%
WYNN	D	0.01%
HSIC	B	0.01%
BGNE	D	0.01%
AOS	F	0.01%
AES	F	0.01%
CNH	C	0.01%
SOLV	C	0.01%
FOXA	B	0.01%
CHRD	D	0.01%
ALLY	C	0.01%
EXAS	D	0.01%
SEIC	B	0.01%
TECH	D	0.01%
DAY	B	0.01%
LW	C	0.01%
MKTX	D	0.01%
IOT	A	0.01%
PAYC	B	0.01%
IPG	D	0.01%
CTLT	B	0.01%
AFG	A	0.01%
ERIE	D	0.01%
CCK	C	0.01%
JNPR	F	0.01%
SNAP	C	0.01%
INCY	C	0.01%
SJM	D	0.01%
NWSA	B	0.01%
EMN	D	0.01%
TAP	C	0.01%
BXP	D	0.01%
CG	A	0.01%
OVV	B	0.01%
MNSO	F	0.0%

ACWI Underweight 3 Positions Relative to HELO

Symbol	Grade	Weight
WMG	C	-0.1%
SIRI	C	-0.07%
SRPT	D	-0.03%