HELO vs. FLCV ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Trust Federated Hermes MDT Large Cap Value ETF (FLCV)

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

FLCV

Trust Federated Hermes MDT Large Cap Value ETF

FLCV Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap and value investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.91

Average Daily Volume

2,185

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	HELO	FLCV
30 Days	1.57%	5.48%
60 Days	3.39%	7.84%
90 Days	4.59%	10.69%
12 Months	20.91%

39 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in FLCV	Overlap
ABBV	D	1.14%	2.06%	1.14%
ABT	B	0.19%	0.76%	0.19%
AMP	A	0.2%	2.5%	0.2%
AON	A	0.44%	0.88%	0.44%
BIIB	F	0.12%	0.34%	0.12%
BRK.A	B	1.53%	0.87%	0.87%
CI	F	0.34%	0.33%	0.33%
CMCSA	B	0.71%	0.86%	0.71%
CVX	A	0.18%	0.75%	0.18%
DIS	B	0.31%	0.05%	0.05%
EOG	A	0.47%	1.57%	0.47%
ETN	A	0.38%	0.23%	0.23%
HCA	F	0.11%	0.1%	0.1%
HPE	B	0.18%	1.3%	0.18%
HUM	C	0.16%	0.22%	0.16%
JNJ	D	0.51%	2.32%	0.51%
LDOS	C	0.39%	0.05%	0.05%
MCD	D	0.81%	0.16%	0.16%
MRK	F	0.24%	0.16%	0.16%
NOC	D	0.17%	0.16%	0.16%
NUE	C	0.11%	0.48%	0.11%
OTIS	C	0.5%	1.43%	0.5%
PEP	F	0.83%	0.73%	0.73%
PFG	D	0.13%	0.14%	0.13%
PGR	A	0.75%	1.47%	0.75%
PM	B	0.32%	2.44%	0.32%
PPG	F	0.21%	1.35%	0.21%
RCL	A	0.34%	0.74%	0.34%
REGN	F	0.45%	0.25%	0.25%
SBAC	D	0.31%	1.22%	0.31%
T	A	0.18%	0.59%	0.18%
TDG	D	0.52%	1.08%	0.52%
TGT	F	0.14%	0.03%	0.03%
TRV	B	0.34%	1.84%	0.34%
TT	A	0.96%	1.29%	0.96%
UNH	C	1.62%	1.1%	1.1%
UNP	C	0.17%	1.22%	0.17%
VST	B	0.1%	0.56%	0.1%
WFC	A	1.0%	0.85%	0.85%

HELO Overweight 122 Positions Relative to FLCV

Symbol	Grade	Weight
NVDA	C	7.8%
MSFT	F	7.13%
AAPL	C	6.83%
AMZN	C	4.5%
META	D	2.9%
GOOGL	C	2.09%
MA	C	1.72%
TSLA	B	1.58%
V	A	1.49%
GOOG	C	1.46%
XOM	B	1.43%
BAC	A	1.26%
CRM	B	1.15%
LLY	F	1.07%
AVGO	D	1.02%
LOW	D	0.99%
HON	B	0.98%
NOW	A	0.94%
TMO	F	0.89%
TXN	C	0.87%
SO	D	0.84%
NEE	D	0.83%
LIN	D	0.82%
COP	C	0.81%
SYK	C	0.76%
BKNG	A	0.75%
GS	A	0.75%
NXPI	D	0.72%
ADI	D	0.72%
MDLZ	F	0.72%
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%
MU	D	0.57%
TFC	A	0.56%
UPS	C	0.54%
COST	B	0.53%
BSX	B	0.52%
FIS	C	0.52%
INTU	C	0.51%
CMG	B	0.51%
PLD	D	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%
AMD	F	0.45%
DHR	F	0.44%
ROST	C	0.44%
SCHW	B	0.42%
STX	D	0.41%
CSX	B	0.41%
DLR	B	0.39%
VTR	C	0.39%
LRCX	F	0.37%
ORCL	B	0.36%
HLT	A	0.36%
DOW	F	0.35%
FDX	B	0.33%
USB	A	0.33%
MNST	C	0.32%
FANG	D	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%
LYB	F	0.23%
IR	B	0.23%
DAL	C	0.23%
MAS	D	0.23%
ACN	C	0.21%
AXP	A	0.21%
BBY	D	0.2%
KKR	A	0.2%
ELS	C	0.19%
PCAR	B	0.18%
ADBE	C	0.18%
WDC	D	0.18%
MSI	B	0.17%
CDNS	B	0.17%
TMUS	B	0.17%
MCK	B	0.16%
MLM	B	0.16%
MO	A	0.15%
ANET	C	0.15%
LEN	D	0.14%
PG	A	0.14%
MMC	B	0.14%
SQ	B	0.14%
URI	B	0.13%
LULU	C	0.13%
FICO	B	0.12%
DASH	A	0.11%
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 81 Positions Relative to FLCV

Symbol	Grade	Weight
VLTO	D	-2.54%
PRU	A	-2.52%
GDDY	A	-2.48%
IBKR	A	-2.24%
GEV	B	-2.01%
KMB	D	-1.9%
FTNT	C	-1.82%
GILD	C	-1.65%
EXC	C	-1.63%
LNG	B	-1.5%
STT	A	-1.49%
BK	A	-1.47%
ALSN	B	-1.47%
CL	D	-1.4%
APP	B	-1.28%
EA	A	-1.27%
NTNX	A	-1.27%
SLG	B	-1.26%
HIG	B	-1.18%
ICE	C	-1.18%
SN	D	-1.16%
KR	B	-1.16%
NTRS	A	-1.14%
KRC	C	-1.13%
ZM	B	-1.12%
WM	A	-1.07%
JPM	A	-0.99%
GAP	C	-0.96%
INCY	C	-0.94%
ILMN	D	-0.86%
BERY	B	-0.85%
MPC	D	-0.83%
DVN	F	-0.83%
CAT	B	-0.82%
QCOM	F	-0.82%
ELAN	D	-0.81%
NEM	D	-0.78%
BPOP	B	-0.72%
AMGN	D	-0.68%
PVH	C	-0.66%
AAP	C	-0.62%
ED	D	-0.55%
MAN	D	-0.55%
FMC	D	-0.54%
CAH	B	-0.52%
TJX	A	-0.46%
PSX	C	-0.46%
EBAY	D	-0.45%
WEC	A	-0.42%
ELV	F	-0.41%
CRBG	B	-0.37%
CNC	D	-0.32%
FNF	B	-0.32%
ZTS	D	-0.32%
GE	D	-0.31%
OMC	C	-0.3%
TFX	F	-0.27%
NTAP	C	-0.27%
TAP	C	-0.26%
IBM	C	-0.26%
DXC	B	-0.23%
AA	B	-0.23%
CEG	D	-0.2%
PNR	A	-0.18%
XRAY	F	-0.18%
GLPI	C	-0.18%
PAYC	B	-0.16%
GM	B	-0.15%
VZ	C	-0.15%
EIX	B	-0.15%
DTM	B	-0.13%
UAL	A	-0.12%
DUK	C	-0.11%
AGCO	D	-0.1%
ACGL	D	-0.09%
FTI	A	-0.08%
SNX	C	-0.07%
CHRW	C	-0.05%
MMM	D	-0.04%
QRVO	F	-0.03%
ALNY	D	-0.03%