BTAL vs. JPUS ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to JPMorgan Diversified Return U.S. Equity ETF (JPUS)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* 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

$122.50

Average Daily Volume

6,905

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	JPUS
30 Days	-4.57%	2.72%
60 Days	-3.16%	2.86%
90 Days	-3.70%	5.12%
12 Months	-6.81%	27.89%

133 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in JPUS	Overlap
ABBV	D	0.36%	0.33%	0.33%
ACGL	D	0.38%	0.31%	0.31%
ACN	C	0.44%	0.32%	0.32%
ALLY	C	-0.37%	0.24%	-0.37%
ALSN	B	0.56%	0.42%	0.42%
AMGN	D	0.37%	0.35%	0.35%
ANET	C	-0.46%	0.47%	-0.46%
AVB	B	0.45%	0.31%	0.31%
AVGO	D	-0.45%	0.38%	-0.45%
AZO	C	0.33%	0.35%	0.33%
BG	F	0.4%	0.34%	0.34%
BLDR	D	-0.44%	0.34%	-0.44%
BMY	B	0.51%	0.25%	0.25%
CACI	D	0.42%	0.14%	0.14%
CARR	D	-0.45%	0.09%	-0.45%
CB	C	0.45%	0.27%	0.27%
CBOE	B	0.43%	0.25%	0.25%
CBRE	B	-0.51%	0.05%	-0.51%
CE	F	-0.24%	0.2%	-0.24%
CEG	D	-0.52%	0.42%	-0.52%
CF	B	0.46%	0.32%	0.32%
CFG	B	-0.49%	0.07%	-0.49%
CHD	B	0.47%	0.34%	0.34%
CHE	D	0.4%	0.16%	0.16%
CI	F	0.4%	0.35%	0.35%
CLH	B	0.43%	0.41%	0.41%
CMS	C	0.44%	0.28%	0.28%
CNM	D	-0.38%	0.21%	-0.38%
COR	B	0.45%	0.39%	0.39%
CPB	D	0.38%	0.33%	0.33%
CSCO	B	0.49%	0.41%	0.41%
CSX	B	0.45%	0.13%	0.13%
CTSH	B	0.43%	0.37%	0.37%
CWEN	C	-0.42%	0.05%	-0.42%
D	C	-0.45%	0.34%	-0.45%
DGX	A	0.45%	0.36%	0.36%
DINO	D	-0.39%	0.26%	-0.39%
DKS	C	-0.37%	0.36%	-0.37%
DLB	B	0.43%	0.06%	0.06%
DOX	D	0.43%	0.24%	0.24%
DRI	B	0.46%	0.24%	0.24%
DUK	C	0.43%	0.36%	0.36%
DVN	F	0.37%	0.1%	0.1%
ED	D	0.42%	0.34%	0.34%
EG	C	0.42%	0.28%	0.28%
ELV	F	0.33%	0.26%	0.26%
EQR	B	0.44%	0.2%	0.2%
ETN	A	-0.52%	0.43%	-0.52%
EXP	A	-0.53%	0.21%	-0.53%
F	C	-0.44%	0.19%	-0.44%
FANG	D	0.39%	0.39%	0.39%
FBIN	D	-0.41%	0.12%	-0.41%
FCX	D	-0.42%	0.25%	-0.42%
FLO	D	0.42%	0.21%	0.21%
FYBR	D	-0.53%	0.37%	-0.53%
GD	F	0.41%	0.36%	0.36%
GILD	C	0.49%	0.35%	0.35%
GIS	D	0.38%	0.33%	0.33%
GLPI	C	0.42%	0.34%	0.34%
HIG	B	0.45%	0.39%	0.39%
HRB	D	0.41%	0.36%	0.36%
IBM	C	0.45%	0.3%	0.3%
ITT	A	-0.49%	0.24%	-0.49%
JLL	D	-0.46%	0.41%	-0.46%
JNPR	F	0.39%	0.38%	0.38%
KHC	F	0.38%	0.34%	0.34%
KMI	A	0.56%	0.48%	0.48%
KO	D	0.37%	0.33%	0.33%
KR	B	0.47%	0.43%	0.43%
KRC	C	-0.46%	0.16%	-0.46%
KSS	F	-0.39%	0.01%	-0.39%
LAMR	D	-0.46%	0.39%	-0.46%
LMT	D	0.38%	0.36%	0.36%
LNG	B	0.51%	0.34%	0.34%
LPX	B	-0.52%	0.08%	-0.52%
LRCX	F	-0.36%	0.26%	-0.36%
MCK	B	0.51%	0.46%	0.46%
MMC	B	0.42%	0.05%	0.05%
MOH	F	0.36%	0.14%	0.14%
MOS	F	0.38%	0.17%	0.17%
MSFT	F	0.43%	0.35%	0.35%
MSI	B	0.51%	0.43%	0.43%
MSM	C	0.43%	0.25%	0.25%
NEM	D	0.35%	0.18%	0.18%
NEU	C	0.44%	0.18%	0.18%
NRG	B	-0.49%	0.46%	-0.49%
NVDA	C	-0.48%	0.45%	-0.48%
OC	A	-0.46%	0.34%	-0.46%
OHI	C	0.43%	0.38%	0.38%
ORI	A	0.46%	0.3%	0.3%
ORLY	B	0.5%	0.37%	0.37%
OXY	D	0.38%	0.1%	0.1%
PAG	B	0.41%	0.34%	0.34%
PCAR	B	0.51%	0.06%	0.06%
PFGC	B	-0.49%	0.46%	-0.49%
PGR	A	0.45%	0.39%	0.39%
PKG	A	0.49%	0.3%	0.3%
PLD	D	-0.39%	0.01%	-0.39%
PNW	B	0.45%	0.39%	0.39%
PWR	A	-0.51%	0.46%	-0.51%
REG	B	0.45%	0.38%	0.38%
RF	A	-0.5%	0.09%	-0.5%
RGA	A	0.48%	0.17%	0.17%
RMD	C	-0.45%	0.07%	-0.45%
ROKU	D	-0.47%	0.0%	-0.47%
RRC	B	-0.51%	0.05%	-0.51%
RSG	A	0.43%	0.4%	0.4%
SAIC	F	0.4%	0.08%	0.08%
SMG	D	-0.46%	0.1%	-0.46%
SNX	C	0.41%	0.24%	0.24%
T	A	0.5%	0.4%	0.4%
TGT	F	-0.44%	0.24%	-0.44%
TJX	A	0.43%	0.34%	0.34%
TMUS	B	0.49%	0.47%	0.47%
TOL	B	-0.47%	0.42%	-0.47%
UGI	A	-0.44%	0.31%	-0.44%
UNH	C	0.43%	0.34%	0.34%
UNM	A	0.57%	0.51%	0.51%
USB	A	-0.49%	0.11%	-0.49%
USFD	A	-0.49%	0.44%	-0.49%
UTHR	C	0.45%	0.42%	0.42%
VICI	C	0.42%	0.33%	0.33%
VST	B	-0.76%	0.64%	-0.76%
VTRS	A	0.48%	0.23%	0.23%
VZ	C	0.44%	0.38%	0.38%
WEC	A	0.46%	0.34%	0.34%
WELL	A	0.5%	0.4%	0.4%
WM	A	0.45%	0.41%	0.41%
WPC	D	0.41%	0.21%	0.21%
WRB	A	0.45%	0.12%	0.12%
X	C	0.43%	0.33%	0.33%
XEL	A	0.5%	0.36%	0.36%
XOM	B	0.44%	0.41%	0.41%

BTAL Overweight 259 Positions Relative to JPUS

Symbol	Grade	Weight
MSTR	C	1.19%
BILL	A	0.68%
IBKR	A	0.62%
SFM	A	0.6%
LPLA	A	0.59%
PAYC	B	0.59%
HQY	B	0.58%
CFLT	B	0.56%
SNA	A	0.55%
NWL	B	0.54%
BKR	B	0.53%
PCTY	B	0.53%
MKL	A	0.53%
WH	B	0.53%
BWXT	B	0.53%
TGNA	B	0.53%
TRV	B	0.52%
FFIV	B	0.52%
FTNT	C	0.52%
TXRH	C	0.51%
RLI	B	0.51%
THG	A	0.51%
CHH	A	0.5%
PNM	F	0.5%
AEE	A	0.49%
CINF	A	0.49%
G	B	0.49%
ALL	A	0.48%
VFC	C	0.48%
SIGI	C	0.48%
FOXA	B	0.48%
LULU	C	0.48%
AIZ	A	0.48%
AXS	A	0.48%
TDY	B	0.48%
BRO	B	0.47%
SBRA	C	0.47%
DBX	B	0.47%
PAYX	C	0.47%
GLW	B	0.47%
CME	A	0.47%
AON	A	0.47%
HON	B	0.47%
HEI	B	0.47%
CW	B	0.47%
RYAN	B	0.47%
EDR	A	0.46%
WEN	D	0.46%
SLGN	A	0.46%
RNR	C	0.46%
LNT	A	0.46%
ADP	B	0.46%
CMG	B	0.45%
ARMK	B	0.45%
ADC	B	0.45%
WTW	B	0.45%
HPQ	B	0.45%
L	A	0.45%
ROP	B	0.45%
CHRW	C	0.45%
JAZZ	B	0.44%
DECK	A	0.44%
BWA	D	0.44%
CDP	C	0.44%
VRSN	F	0.43%
ZI	D	0.43%
YUM	B	0.43%
MUSA	A	0.43%
DD	D	0.43%
RTX	C	0.43%
ELS	C	0.43%
CCK	C	0.43%
COLM	B	0.43%
AVT	C	0.42%
JNJ	D	0.42%
CXT	B	0.42%
MCD	D	0.42%
J	F	0.41%
MKC	D	0.41%
OLLI	D	0.41%
MSA	D	0.4%
NOC	D	0.4%
TXT	D	0.4%
ASGN	F	0.39%
WTM	A	0.39%
AMCR	D	0.39%
O	D	0.39%
ON	D	0.38%
ERIE	D	0.38%
FCN	D	0.38%
FMC	D	0.37%
MAN	D	0.37%
KBR	F	0.37%
ARW	D	0.37%
GPC	D	0.37%
TNET	D	0.37%
PFE	D	0.37%
MUR	D	0.37%
ST	F	0.36%
AKAM	D	0.36%
MTCH	D	0.35%
FOXF	F	0.35%
HUM	C	0.34%
MDU	D	0.32%
CNC	D	0.32%
SRPT	D	0.32%
BMRN	D	0.29%
AGL	F	0.16%
SMCI	F	-0.18%
SEDG	F	-0.19%
RUN	F	-0.21%
MRNA	F	-0.22%
CNXC	F	-0.23%
ENPH	F	-0.23%
MPWR	F	-0.24%
WOLF	F	-0.25%
TXG	F	-0.26%
NTLA	F	-0.27%
RKT	F	-0.29%
CELH	F	-0.29%
RIVN	F	-0.3%
OPEN	D	-0.3%
EL	F	-0.31%
TER	D	-0.33%
BRZE	C	-0.33%
COTY	F	-0.33%
AMKR	D	-0.34%
ELF	C	-0.35%
EFX	F	-0.35%
SHLS	F	-0.35%
ARWR	F	-0.35%
AES	F	-0.35%
TFX	F	-0.36%
WMS	D	-0.37%
RGEN	D	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
IDXX	F	-0.39%
ELAN	D	-0.39%
PINS	D	-0.4%
WBA	F	-0.4%
ARE	D	-0.4%
FND	C	-0.4%
MKSI	C	-0.4%
AMD	F	-0.4%
BLD	D	-0.4%
KMX	B	-0.4%
ROIV	C	-0.41%
AGNC	D	-0.41%
W	F	-0.41%
POWI	D	-0.41%
CRL	C	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
AWK	D	-0.42%
CZR	F	-0.42%
UBER	D	-0.42%
CSGP	D	-0.42%
MU	D	-0.43%
ILMN	D	-0.43%
CC	C	-0.43%
CRSP	D	-0.43%
MGM	D	-0.43%
ALGN	D	-0.43%
PATH	C	-0.43%
SSD	D	-0.43%
SEE	C	-0.44%
THO	B	-0.44%
TRU	D	-0.44%
EW	C	-0.44%
RYN	D	-0.44%
APG	B	-0.44%
BBWI	D	-0.44%
TREX	C	-0.45%
NWE	B	-0.45%
DAR	C	-0.45%
MTDR	B	-0.45%
VEEV	C	-0.46%
BXP	D	-0.46%
ZS	C	-0.46%
PENN	C	-0.46%
HHH	B	-0.47%
SHW	A	-0.47%
TROW	B	-0.48%
LNC	B	-0.48%
AXTA	A	-0.49%
OZK	B	-0.49%
WAL	B	-0.49%
GH	B	-0.49%
SNAP	C	-0.49%
NVT	B	-0.49%
TTD	B	-0.5%
NET	B	-0.5%
CAR	C	-0.51%
RMBS	C	-0.51%
GNRC	B	-0.51%
TT	A	-0.51%
RBLX	C	-0.51%
COHR	B	-0.52%
PEN	B	-0.52%
IOT	A	-0.52%
URI	B	-0.52%
VNO	B	-0.52%
PYPL	B	-0.52%
ALB	C	-0.52%
DELL	C	-0.53%
ZION	B	-0.53%
MDB	C	-0.53%
AR	B	-0.53%
JHG	A	-0.53%
RH	B	-0.53%
DKNG	B	-0.53%
INTC	D	-0.54%
SNV	B	-0.54%
BLK	C	-0.54%
FOUR	B	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CMA	A	-0.54%
CG	A	-0.55%
KKR	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	B	-0.56%
SCHW	B	-0.56%
DAY	B	-0.56%
Z	A	-0.56%
GME	C	-0.56%
EXPE	B	-0.56%
MRVL	B	-0.56%
TDOC	C	-0.56%
NTRA	B	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
GTLS	B	-0.58%
OWL	A	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
PODD	C	-0.59%
DASH	A	-0.59%
SAIA	B	-0.59%
SQ	B	-0.6%
LYV	A	-0.62%
LITE	B	-0.62%
DUOL	A	-0.63%
CCL	B	-0.63%
LYFT	C	-0.65%
VRT	B	-0.67%
CVNA	B	-0.68%
DAL	C	-0.68%
PTON	B	-0.69%
TSLA	B	-0.7%
TOST	B	-0.71%
COIN	C	-0.71%
HOOD	B	-0.72%
AXON	A	-0.74%
SOFI	A	-0.79%
AFRM	B	-0.84%
PLTR	B	-0.87%

BTAL Underweight 222 Positions Relative to JPUS

Symbol	Grade	Weight
SYF	B	-0.52%
CIEN	B	-0.52%
TRGP	B	-0.5%
ETR	B	-0.46%
IP	B	-0.46%
COF	B	-0.45%
TAP	C	-0.43%
GWW	B	-0.43%
FCNCA	A	-0.43%
GRMN	B	-0.43%
APH	A	-0.42%
INGR	B	-0.42%
CMCSA	B	-0.42%
META	D	-0.42%
CMI	A	-0.42%
WMB	A	-0.41%
ORCL	B	-0.41%
SPG	B	-0.41%
NI	A	-0.41%
CASY	A	-0.41%
PEG	A	-0.41%
VLO	C	-0.4%
HST	C	-0.4%
CHTR	C	-0.4%
THC	D	-0.4%
BRK.A	B	-0.39%
PM	B	-0.39%
PH	A	-0.39%
MO	A	-0.39%
KVUE	A	-0.39%
IRM	D	-0.39%
PPL	B	-0.39%
FAST	B	-0.39%
PHM	D	-0.38%
RS	B	-0.38%
AM	A	-0.38%
AFL	B	-0.38%
K	A	-0.38%
STLD	B	-0.38%
NVR	D	-0.38%
LOW	D	-0.37%
TSN	B	-0.37%
ESS	B	-0.37%
SRE	A	-0.37%
DVA	B	-0.37%
VRTX	F	-0.37%
SO	D	-0.37%
MRO	B	-0.37%
BRX	A	-0.37%
CAH	B	-0.36%
NXST	C	-0.36%
INTU	C	-0.36%
OGE	B	-0.36%
AAPL	C	-0.36%
LEN	D	-0.36%
EIX	B	-0.36%
SCCO	F	-0.36%
MPC	D	-0.36%
SYY	B	-0.36%
CVS	D	-0.36%
PG	A	-0.36%
MTG	C	-0.35%
HUBB	B	-0.35%
FNF	B	-0.35%
CTRA	B	-0.35%
PSX	C	-0.35%
CUBE	D	-0.35%
CLX	B	-0.35%
ADI	D	-0.35%
POST	C	-0.35%
HRL	D	-0.35%
CVX	A	-0.35%
ADM	D	-0.34%
PSA	D	-0.34%
ITW	B	-0.34%
HCA	F	-0.34%
FE	C	-0.34%
TSCO	D	-0.34%
KMB	D	-0.34%
PEP	F	-0.34%
EVRG	A	-0.34%
CDNS	B	-0.33%
MDLZ	F	-0.33%
LLY	F	-0.33%
HBAN	A	-0.33%
UHS	D	-0.33%
DHI	D	-0.33%
KIM	A	-0.33%
BAH	F	-0.32%
WLK	D	-0.32%
CAG	D	-0.32%
KLAC	D	-0.32%
EOG	A	-0.32%
IT	C	-0.32%
EMN	D	-0.32%
CL	D	-0.32%
BAC	A	-0.31%
NTAP	C	-0.31%
ACI	C	-0.31%
AMAT	F	-0.31%
FITB	A	-0.31%
LYB	F	-0.31%
EXC	C	-0.31%
ABT	B	-0.31%
WY	D	-0.31%
AEP	D	-0.31%
WSM	B	-0.31%
STZ	D	-0.31%
MAS	D	-0.3%
QCOM	F	-0.3%
DTE	C	-0.3%
AOS	F	-0.3%
NUE	C	-0.3%
ESI	A	-0.3%
NFG	A	-0.3%
CTVA	C	-0.3%
HPE	B	-0.3%
JEF	A	-0.3%
ECL	D	-0.29%
AMP	A	-0.29%
LH	C	-0.28%
CAT	B	-0.28%
HOLX	D	-0.28%
GNTX	C	-0.28%
RPM	A	-0.28%
COP	C	-0.28%
SYK	C	-0.28%
LIN	D	-0.28%
ZTS	D	-0.27%
SPB	C	-0.27%
WST	C	-0.27%
UNP	C	-0.27%
DHR	F	-0.27%
HSY	F	-0.26%
OLN	D	-0.26%
MRK	F	-0.26%
KDP	D	-0.26%
DOW	F	-0.26%
REGN	F	-0.26%
AVY	D	-0.26%
VTR	C	-0.25%
STE	F	-0.25%
BBY	D	-0.24%
SAM	C	-0.24%
PK	B	-0.24%
BRBR	A	-0.24%
MDT	D	-0.23%
RVTY	F	-0.23%
PR	B	-0.23%
ROST	C	-0.23%
APO	B	-0.23%
STAG	F	-0.23%
GEHC	F	-0.22%
LDOS	C	-0.22%
OMF	A	-0.22%
IFF	D	-0.21%
COKE	C	-0.21%
PPC	C	-0.21%
BPOP	B	-0.21%
MAA	B	-0.21%
SJM	D	-0.21%
GAP	C	-0.2%
EA	A	-0.19%
BDX	F	-0.19%
MEDP	D	-0.19%
TKR	D	-0.19%
ASH	D	-0.19%
R	B	-0.18%
BKNG	A	-0.18%
CLF	F	-0.18%
STWD	C	-0.18%
SCI	B	-0.18%
M	D	-0.18%
CSL	C	-0.17%
UI	A	-0.17%
EPR	D	-0.17%
RHI	B	-0.17%
CPT	B	-0.17%
DTM	B	-0.17%
CCI	D	-0.16%
FR	C	-0.16%
HUN	F	-0.16%
ATO	A	-0.16%
NNN	D	-0.16%
HIW	D	-0.15%
IPG	D	-0.15%
TMO	F	-0.15%
SWKS	F	-0.14%
STT	A	-0.13%
DFS	B	-0.13%
VIRT	B	-0.12%
SLM	A	-0.11%
VVV	F	-0.11%
GOOGL	C	-0.11%
WU	D	-0.11%
CRUS	D	-0.1%
PRU	A	-0.1%
PFG	D	-0.1%
LOPE	B	-0.09%
FRT	B	-0.09%
RGLD	C	-0.08%
TNL	A	-0.07%
RBC	A	-0.07%
GEN	B	-0.07%
NKE	D	-0.06%
AFG	A	-0.06%
KEY	B	-0.06%
EGP	F	-0.06%
IRDM	D	-0.06%
AGO	B	-0.05%
ADBE	C	-0.05%
NSA	D	-0.05%
VLTO	D	-0.04%
SSNC	B	-0.04%
LSTR	D	-0.04%
CRI	D	-0.03%
FTRE	D	-0.03%
HOG	D	-0.03%
MNST	C	-0.03%
LEG	F	-0.02%
IDA	A	-0.02%
SON	D	-0.01%