HELO vs. DARP ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Grizzle Growth ETF (DARP)

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

DARP

Grizzle Growth ETF

DARP Description

The fund is an actively managed exchange-traded fund ("ETF") that invests primarily in equity securities of companies, with a focus on growth, innovation and disruption. The fund seeks to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.26

Average Daily Volume

1,075

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HELO	DARP
30 Days	1.57%	0.93%
60 Days	3.39%	8.42%
90 Days	4.59%	6.94%
12 Months	20.91%	30.00%

10 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in DARP	Overlap
AAPL	C	6.83%	7.16%	6.83%
AMZN	C	4.5%	4.21%	4.21%
GOOGL	C	2.09%	6.01%	2.09%
META	D	2.9%	5.4%	2.9%
MSFT	F	7.13%	7.71%	7.13%
MU	D	0.57%	5.14%	0.57%
NEE	D	0.83%	2.2%	0.83%
NVDA	C	7.8%	21.66%	7.8%
TSLA	B	1.58%	2.9%	1.58%
TT	A	0.96%	0.91%	0.91%

HELO Overweight 151 Positions Relative to DARP

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

HELO Underweight 14 Positions Relative to DARP

Symbol	Grade	Weight
TSM	B	-3.45%
RRC	B	-2.96%
ASML	F	-2.82%
VRT	B	-2.76%
TWLO	A	-1.53%
AR	B	-1.51%
TTD	B	-1.3%
CIFR	B	-1.02%
ABNB	C	-0.99%
EU	D	-0.89%
AMAT	F	-0.87%
BTBT	C	-0.86%
PANW	C	-0.52%
CMPS	F	-0.37%