BIV vs. JPST ETF Comparison

Comparison of Vanguard Intermediate-Term Bond ETF (BIV) to JPMorgan Ultra-Short Income ETF (JPST)

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$75.37

Average Daily Volume

1,242,431

Number of Holdings ^*

484

* 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

$50.50

Average Daily Volume

5,226,050

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	BIV	JPST
30 Days	-2.25%	0.23%
60 Days	-3.93%	0.52%
90 Days	-1.78%	1.17%
12 Months	6.59%	6.02%

94 Overlapping Holdings

Symbol	Grade	Weight in BIV	Weight in JPST	Overlap
AAPL	C	0.01%	0.12%	0.01%
ABBV	F	0.05%	0.04%	0.04%
ABT	B	0.01%	0.01%	0.01%
AEP	C	0.01%	0.05%	0.01%
AER	B	0.01%	0.02%	0.01%
AIG	B	0.01%	0.01%	0.01%
AL	A	0.01%	0.05%	0.01%
ATO	A	0.01%	0.3%	0.01%
AXP	A	0.05%	0.01%	0.01%
AZN	F	0.01%	0.57%	0.01%
AZO	C	0.01%	0.02%	0.01%
BA	F	0.01%	0.18%	0.01%
BAC	A	0.01%	0.01%	0.01%
BG	D	0.01%	0.06%	0.01%
BHF	A	0.01%	0.04%	0.01%
BK	A	0.01%	0.01%	0.01%
BMO	A	0.03%	0.03%	0.03%
BMY	B	0.01%	0.01%	0.01%
BNS	A	0.01%	0.02%	0.01%
C	A	0.01%	0.01%	0.01%
CAG	F	0.02%	0.13%	0.02%
CAT	B	0.01%	0.01%	0.01%
CFG	A	0.01%	0.07%	0.01%
CHD	A	0.01%	0.03%	0.01%
CI	D	0.01%	0.08%	0.01%
CNP	A	0.01%	0.14%	0.01%
COF	A	0.01%	0.04%	0.01%
CSL	B	0.01%	0.01%	0.01%
D	C	0.01%	0.17%	0.01%
DB	C	0.01%	0.13%	0.01%
DE	D	0.01%	0.01%	0.01%
DHR	D	0.01%	0.01%	0.01%
DIS	A	0.01%	0.02%	0.01%
DT	C	0.11%	0.08%	0.08%
DUK	C	0.01%	0.08%	0.01%
EPD	A	0.01%	0.01%	0.01%
EQH	B	0.01%	0.35%	0.01%
ES	C	0.01%	0.01%	0.01%
ETN	A	0.02%	0.02%	0.02%
ETR	A	0.01%	0.16%	0.01%
FITB	A	0.01%	0.1%	0.01%
GILD	B	0.01%	0.13%	0.01%
GM	A	0.01%	0.1%	0.01%
GS	A	0.01%	0.01%	0.01%
GSK	F	0.02%	0.02%	0.02%
HBAN	A	0.01%	0.01%	0.01%
HON	A	0.01%	0.02%	0.01%
HSBC	A	0.01%	0.07%	0.01%
HUM	F	0.01%	0.09%	0.01%
IBM	D	0.01%	0.01%	0.01%
ICE	D	0.01%	0.01%	0.01%
IFF	D	0.01%	0.08%	0.01%
KDP	D	0.01%	0.31%	0.01%
KEY	A	0.01%	0.01%	0.01%
KR	B	0.01%	0.07%	0.01%
LDOS	C	0.02%	0.26%	0.02%
MCD	D	0.02%	0.29%	0.02%
MCO	C	0.01%	0.01%	0.01%
MDLZ	F	0.01%	0.04%	0.01%
MET	A	0.02%	0.01%	0.01%
MLM	B	0.01%	0.09%	0.01%
MMM	D	0.01%	0.01%	0.01%
MS	A	0.04%	0.05%	0.04%
MUFG	A	0.02%	0.01%	0.01%
NEE	C	0.01%	0.03%	0.01%
NEM	F	0.02%	0.08%	0.02%
NWG	A	0.02%	0.01%	0.01%
OGS	A	0.01%	0.17%	0.01%
ORCL	A	0.01%	0.04%	0.01%
PFE	F	0.01%	0.01%	0.01%
PFG	C	0.01%	0.01%	0.01%
PM	A	0.01%	0.01%	0.01%
PNC	A	0.01%	0.01%	0.01%
PSX	C	0.01%	0.01%	0.01%
R	A	0.01%	0.03%	0.01%
ROP	C	0.01%	0.03%	0.01%
SBUX	A	0.01%	0.06%	0.01%
SCHW	A	0.01%	0.01%	0.01%
SNX	D	0.01%	0.23%	0.01%
SO	C	0.01%	0.11%	0.01%
STT	A	0.01%	0.08%	0.01%
T	A	0.01%	0.14%	0.01%
TD	D	0.01%	0.01%	0.01%
TDY	B	0.01%	0.22%	0.01%
TFC	A	0.01%	0.01%	0.01%
TMO	D	0.01%	0.74%	0.01%
UNH	B	0.01%	0.01%	0.01%
USB	B	0.01%	0.01%	0.01%
VTRS	A	0.02%	0.1%	0.02%
VZ	C	0.01%	0.16%	0.01%
WEC	A	0.01%	0.09%	0.01%
WFC	A	0.04%	0.11%	0.04%
WLK	F	0.01%	0.02%	0.01%
XOM	B	0.01%	0.06%	0.01%

BIV Overweight 390 Positions Relative to JPST

Symbol	Grade	Weight
WIT	B	0.35%
MSFT	D	0.1%
DD	D	0.05%
BIIB	F	0.04%
TMUS	A	0.04%
CB	C	0.03%
KOF	F	0.03%
DLTR	F	0.03%
SLB	C	0.03%
RJF	A	0.03%
CAH	B	0.03%
BWA	A	0.03%
ESGR	B	0.03%
NOW	B	0.03%
TSN	A	0.03%
NVDA	B	0.03%
BABA	D	0.03%
LVS	C	0.02%
NI	A	0.02%
LRCX	F	0.02%
LMT	D	0.02%
MRO	A	0.02%
INVH	D	0.02%
KLAC	F	0.02%
EOG	A	0.02%
EBAY	D	0.02%
CTAS	B	0.02%
BR	A	0.02%
ADI	D	0.02%
CPB	D	0.02%
UHS	D	0.02%
XRAY	F	0.02%
QRVO	F	0.02%
MOS	D	0.02%
MTB	A	0.02%
HST	D	0.02%
HPQ	B	0.02%
HIG	C	0.02%
HAL	C	0.02%
EFX	F	0.02%
DAL	A	0.02%
EA	A	0.02%
DXC	C	0.02%
DOX	D	0.02%
BC	D	0.02%
CNO	A	0.02%
ADP	B	0.02%
ADM	D	0.02%
CHRW	A	0.02%
ARCC	A	0.02%
AAP	D	0.02%
AMG	A	0.02%
TEL	C	0.02%
SYK	A	0.02%
SYF	A	0.02%
VRSN	D	0.02%
ZBH	C	0.02%
TRMB	A	0.02%
PGR	B	0.02%
RL	B	0.02%
DOC	D	0.02%
REGN	F	0.02%
ADBE	F	0.02%
DLR	A	0.02%
MU	D	0.02%
WAB	B	0.02%
WY	D	0.02%
PH	A	0.02%
EXPE	A	0.02%
GD	D	0.02%
PYPL	A	0.02%
CHTR	B	0.02%
CRM	A	0.02%
DFS	A	0.02%
SYY	D	0.02%
MPLX	A	0.02%
ET	A	0.02%
MMC	C	0.02%
BSX	B	0.02%
GOOGL	B	0.02%
QCOM	F	0.02%
MRK	F	0.02%
HCA	D	0.02%
FOXA	A	0.02%
CARR	D	0.02%
NOC	D	0.02%
GE	D	0.02%
VOD	D	0.02%
AMZN	B	0.02%
WTFC	A	0.01%
SKT	A	0.01%
RS	B	0.01%
ROST	D	0.01%
PWR	A	0.01%
REXR	F	0.01%
SAVE	F	0.01%
GBDC	A	0.01%
ALLE	D	0.01%
AXS	A	0.01%
AVT	C	0.01%
CMA	A	0.01%
CE	F	0.01%
CBT	C	0.01%
THG	A	0.01%
UNM	A	0.01%
TME	F	0.01%
NOV	D	0.01%
NDAQ	A	0.01%
L	A	0.01%
JCI	A	0.01%
KMT	B	0.01%
KMPR	A	0.01%
EPRT	C	0.01%
VNO	B	0.01%
WU	F	0.01%
TKR	F	0.01%
PNW	A	0.01%
SNA	A	0.01%
RNR	D	0.01%
SF	A	0.01%
PSEC	F	0.01%
DOV	A	0.01%
AFG	A	0.01%
APTV	F	0.01%
WBS	A	0.01%
LII	B	0.01%
OCSL	D	0.01%
MDT	D	0.01%
MCY	A	0.01%
PDM	D	0.01%
MP	B	0.01%
KRG	B	0.01%
EMN	C	0.01%
FSK	A	0.01%
LXP	D	0.01%
OSK	C	0.01%
MKL	A	0.01%
OPI	F	0.01%
BEN	C	0.01%
BDN	D	0.01%
AMH	C	0.01%
WB	F	0.01%
ZION	A	0.01%
VRSK	B	0.01%
VNT	C	0.01%
WPC	D	0.01%
SITC	D	0.01%
PKG	B	0.01%
RPM	A	0.01%
PHM	D	0.01%
SCS	B	0.01%
SAFE	F	0.01%
PPG	F	0.01%
SON	D	0.01%
FMC	F	0.01%
FLS	A	0.01%
FLO	D	0.01%
EW	C	0.01%
BBY	C	0.01%
ALL	A	0.01%
BAX	F	0.01%
AIZ	A	0.01%
CMI	A	0.01%
CME	A	0.01%
AVB	A	0.01%
AGR	A	0.01%
AGO	A	0.01%
CINF	A	0.01%
AEE	A	0.01%
ARW	D	0.01%
ADC	A	0.01%
ACGL	C	0.01%
BKU	A	0.01%
AAT	C	0.01%
OGE	A	0.01%
NVT	B	0.01%
NUE	D	0.01%
GPC	D	0.01%
GP	F	0.01%
HR	C	0.01%
HP	C	0.01%
INTU	A	0.01%
HIW	D	0.01%
JD	C	0.01%
IEX	B	0.01%
GXO	B	0.01%
EPR	D	0.01%
DHI	D	0.01%
FTNT	A	0.01%
FRT	B	0.01%
STE	D	0.01%
WTRG	C	0.01%
RYN	D	0.01%
ROK	A	0.01%
RF	A	0.01%
SBRA	C	0.01%
REG	A	0.01%
PRE	F	0.01%
MAS	D	0.01%
NHI	D	0.01%
NEU	C	0.01%
MHK	D	0.01%
LIN	D	0.01%
CNH	D	0.01%
AYI	A	0.01%
BRO	B	0.01%
BKH	A	0.01%
AAL	B	0.01%
BERY	D	0.01%
AMCR	C	0.01%
CP	D	0.01%
UDR	C	0.01%
WBA	F	0.01%
TSCO	D	0.01%
SWX	A	0.01%
SWKS	F	0.01%
VOYA	A	0.01%
XYL	D	0.01%
VMC	B	0.01%
KEX	A	0.01%
ITW	B	0.01%
HUBB	B	0.01%
HSY	F	0.01%
HPP	F	0.01%
JNPR	D	0.01%
ILMN	C	0.01%
KSS	F	0.01%
KRC	C	0.01%
EIX	C	0.01%
DVN	F	0.01%
CTVA	D	0.01%
FAF	C	0.01%
EXR	C	0.01%
DRI	B	0.01%
DSS	F	0.01%
NFG	A	0.01%
LLY	F	0.01%
OC	A	0.01%
LEG	F	0.01%
NVR	D	0.01%
MRVL	B	0.01%
NSC	B	0.01%
KIM	A	0.01%
MAA	A	0.01%
ORLY	A	0.01%
LNT	A	0.01%
OMC	C	0.01%
LAZ	B	0.01%
NTRS	A	0.01%
KEYS	C	0.01%
K	B	0.01%
HUN	F	0.01%
HRB	D	0.01%
IPG	F	0.01%
INGR	B	0.01%
HII	F	0.01%
JBL	C	0.01%
EMR	A	0.01%
DGX	A	0.01%
ED	D	0.01%
CUBE	C	0.01%
FLEX	B	0.01%
DOW	F	0.01%
CMS	C	0.01%
AVY	D	0.01%
ADSK	B	0.01%
BIDU	F	0.01%
APD	A	0.01%
UPS	C	0.01%
TGT	D	0.01%
WELL	A	0.01%
TXT	D	0.01%
TT	A	0.01%
SUI	D	0.01%
VFC	B	0.01%
TJX	A	0.01%
WM	B	0.01%
SJM	F	0.01%
RPRX	F	0.01%
PSA	C	0.01%
NNN	D	0.01%
LNC	A	0.01%
LH	B	0.01%
LEA	F	0.01%
NTAP	D	0.01%
MPC	D	0.01%
GLPI	D	0.01%
GL	B	0.01%
JEF	A	0.01%
HAS	D	0.01%
H	B	0.01%
KMB	C	0.01%
ESS	A	0.01%
EQR	C	0.01%
EL	F	0.01%
FNF	C	0.01%
EVRG	A	0.01%
CNA	C	0.01%
AWK	C	0.01%
CLX	A	0.01%
BRX	A	0.01%
AES	F	0.01%
A	D	0.01%
CBOE	D	0.01%
AN	D	0.01%
TXN	C	0.01%
VTR	C	0.01%
SWK	F	0.01%
ZTS	D	0.01%
STLD	B	0.01%
RGA	A	0.01%
SPGI	C	0.01%
AFL	C	0.01%
BLK	A	0.01%
APH	B	0.01%
CCI	D	0.01%
AMAT	F	0.01%
LEN	D	0.01%
MSI	A	0.01%
GPN	B	0.01%
GIS	D	0.01%
EQNR	D	0.01%
EQIX	B	0.01%
FDX	A	0.01%
ECL	D	0.01%
NKE	D	0.01%
PAA	A	0.01%
MKC	D	0.01%
MA	A	0.01%
LYB	F	0.01%
OHI	C	0.01%
O	D	0.01%
NXPI	F	0.01%
HRL	D	0.01%
UNP	D	0.01%
VLO	C	0.01%
WEST	D	0.01%
WHR	A	0.01%
PLD	D	0.01%
RSG	B	0.01%
PG	C	0.01%
FANG	D	0.01%
CSX	B	0.01%
BXP	D	0.01%
XEL	A	0.01%
SRE	A	0.01%
PRU	A	0.01%
PEG	C	0.01%
SPG	A	0.01%
AON	A	0.01%
DTE	C	0.01%
FIS	B	0.01%
STZ	D	0.01%
DG	F	0.01%
MO	A	0.01%
OTIS	D	0.01%
OKE	A	0.01%
LHX	B	0.01%
WMB	A	0.01%
V	A	0.01%
SHW	B	0.01%
PEP	F	0.01%
EXC	C	0.01%
AMT	D	0.01%
COP	C	0.01%
JNJ	D	0.01%
HD	A	0.01%
CVX	A	0.01%
MAR	A	0.01%
LUV	A	0.01%
CPT	D	0.01%
AMGN	D	0.01%
BKNG	A	0.01%
ARE	D	0.01%
INTC	C	0.01%
HES	B	0.01%
KO	D	0.01%
LOW	A	0.01%
KMI	A	0.01%
WMT	A	0.01%
BDX	F	0.01%
DELL	C	0.01%
COST	B	0.01%
RTX	D	0.01%
UAL	A	0.01%
PCG	A	0.01%
AVGO	C	0.01%
CVS	F	0.01%
JPM	A	0.01%
CMCSA	B	0.01%

BIV Underweight 17 Positions Relative to JPST

Symbol	Grade	Weight
CASH	A	-2.2%
CCEP	D	-0.3%
BXMT	D	-0.25%
HART	D	-0.19%
JBHT	B	-0.09%
BX	A	-0.07%
ACR	A	-0.06%
SEB	F	-0.06%
KKR	A	-0.04%
PL	B	-0.04%
ARES	B	-0.03%
BCC	B	-0.03%
MSC	F	-0.02%
JXN	B	-0.01%
UBS	B	-0.01%
RY	C	-0.01%
CM	B	-0.01%