HELO vs. FDRR ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Fidelity Dividend ETF for Rising Rates (FDRR)

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

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.29

Average Daily Volume

19,188

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	HELO	FDRR
30 Days	1.57%	1.87%
60 Days	3.39%	4.38%
90 Days	4.59%	5.21%
12 Months	20.91%	31.25%

45 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in FDRR	Overlap
AAPL	C	6.83%	7.22%	6.83%
ABBV	D	1.14%	1.22%	1.14%
AVGO	D	1.02%	2.56%	1.02%
BAC	A	1.26%	1.39%	1.26%
BBY	D	0.2%	0.67%	0.2%
BMY	B	0.68%	1.01%	0.68%
C	A	0.3%	0.95%	0.3%
CMCSA	B	0.71%	0.74%	0.71%
CME	A	0.59%	0.79%	0.59%
COP	C	0.81%	0.43%	0.43%
CVX	A	0.18%	0.71%	0.18%
DE	A	0.68%	0.68%	0.68%
DOW	F	0.35%	0.16%	0.16%
EOG	A	0.47%	0.36%	0.36%
GS	A	0.75%	1.23%	0.75%
HON	B	0.98%	0.82%	0.82%
JNJ	D	0.51%	1.35%	0.51%
KO	D	0.63%	0.81%	0.63%
LIN	D	0.82%	0.54%	0.54%
LLY	F	1.07%	1.82%	1.07%
LOW	D	0.99%	0.95%	0.95%
LYB	F	0.23%	0.15%	0.15%
MCD	D	0.81%	0.91%	0.81%
MO	A	0.15%	0.68%	0.15%
MRK	F	0.24%	0.97%	0.24%
MSFT	F	7.13%	6.6%	6.6%
NEE	D	0.83%	0.48%	0.48%
NVDA	C	7.8%	8.35%	7.8%
PCAR	B	0.18%	0.62%	0.18%
PEP	F	0.83%	0.74%	0.74%
PG	A	0.14%	1.13%	0.14%
PLD	D	0.5%	0.35%	0.35%
PM	B	0.32%	0.89%	0.32%
SO	D	0.84%	0.36%	0.36%
T	A	0.18%	0.88%	0.18%
TFC	A	0.56%	0.85%	0.56%
TXN	C	0.87%	1.5%	0.87%
UNH	C	1.62%	1.79%	1.62%
UNP	C	0.17%	0.7%	0.17%
UPS	C	0.54%	0.62%	0.54%
USB	A	0.33%	0.86%	0.33%
V	A	1.49%	1.56%	1.49%
WFC	A	1.0%	1.37%	1.0%
WMG	C	0.1%	0.42%	0.1%
XOM	B	1.43%	1.09%	1.09%

HELO Overweight 116 Positions Relative to FDRR

Symbol	Grade	Weight
AMZN	C	4.5%
META	D	2.9%
GOOGL	C	2.09%
MA	C	1.72%
TSLA	B	1.58%
BRK.A	B	1.53%
GOOG	C	1.46%
CRM	B	1.15%
TT	A	0.96%
NOW	A	0.94%
TMO	F	0.89%
SYK	C	0.76%
BKNG	A	0.75%
PGR	A	0.75%
NXPI	D	0.72%
ADI	D	0.72%
MDLZ	F	0.72%
AZO	C	0.65%
HWM	A	0.62%
VRTX	F	0.6%
UBER	D	0.58%
MU	D	0.57%
COST	B	0.53%
BSX	B	0.52%
TDG	D	0.52%
FIS	C	0.52%
INTU	C	0.51%
CMG	B	0.51%
OTIS	C	0.5%
PCG	A	0.5%
YUM	B	0.5%
CTSH	B	0.49%
FITB	A	0.48%
CPAY	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%
TRV	B	0.34%
RCL	A	0.34%
CI	F	0.34%
FDX	B	0.33%
MNST	C	0.32%
SBAC	D	0.31%
FANG	D	0.31%
DIS	B	0.31%
MET	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%
IR	B	0.23%
DAL	C	0.23%
MAS	D	0.23%
PPG	F	0.21%
ACN	C	0.21%
AXP	A	0.21%
AMP	A	0.2%
KKR	A	0.2%
ABT	B	0.19%
ELS	C	0.19%
HPE	B	0.18%
ADBE	C	0.18%
WDC	D	0.18%
MSI	B	0.17%
NOC	D	0.17%
CDNS	B	0.17%
TMUS	B	0.17%
MCK	B	0.16%
MLM	B	0.16%
HUM	C	0.16%
ANET	C	0.15%
LEN	D	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%
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 56 Positions Relative to FDRR

Symbol	Grade	Weight
JPM	A	-2.11%
DELL	C	-1.47%
CSCO	B	-1.44%
HD	A	-1.37%
IBM	C	-1.34%
HPQ	B	-1.21%
MS	A	-1.2%
BX	A	-1.09%
PNC	B	-0.97%
GE	D	-0.96%
CAT	B	-0.94%
GM	B	-0.92%
RTX	C	-0.92%
TJX	A	-0.91%
PFE	D	-0.88%
SBUX	A	-0.79%
LMT	D	-0.79%
VZ	C	-0.78%
MAR	B	-0.75%
TKO	B	-0.68%
FOXA	B	-0.67%
CVS	D	-0.65%
EA	A	-0.61%
F	C	-0.58%
NKE	D	-0.56%
NWSA	B	-0.55%
OMC	C	-0.53%
NYT	C	-0.5%
TRGP	B	-0.49%
GEV	B	-0.44%
NXST	C	-0.42%
IPG	D	-0.4%
SPG	B	-0.34%
PARA	C	-0.34%
DUK	C	-0.33%
PSA	D	-0.3%
APD	A	-0.29%
D	C	-0.27%
AEP	D	-0.27%
CCI	D	-0.25%
FCX	D	-0.25%
OHI	C	-0.25%
NEM	D	-0.24%
EXC	C	-0.24%
VICI	C	-0.24%
EIX	B	-0.24%
IP	B	-0.24%
DVN	F	-0.21%
GLPI	C	-0.21%
WY	D	-0.2%
WPC	D	-0.18%
IFF	D	-0.17%
AMCR	D	-0.16%
WBA	F	-0.15%
CIVI	D	-0.15%
MOS	F	-0.12%