HELO vs. FVD ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to First Trust VL Dividend (FVD)

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

FVD

First Trust VL Dividend

FVD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	HELO	FVD
30 Days	1.57%	1.87%
60 Days	3.39%	2.34%
90 Days	4.59%	4.86%
12 Months	20.91%	22.35%

41 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in FVD	Overlap
ABBV	D	1.14%	0.42%	0.42%
ABT	B	0.19%	0.46%	0.19%
ACN	C	0.21%	0.45%	0.21%
ADI	D	0.72%	0.44%	0.44%
BAX	D	0.06%	0.4%	0.06%
BMY	B	0.68%	0.52%	0.52%
CMCSA	B	0.71%	0.5%	0.5%
CME	A	0.59%	0.46%	0.46%
CMS	C	0.1%	0.44%	0.1%
CSX	B	0.41%	0.49%	0.41%
CTSH	B	0.49%	0.49%	0.49%
CVX	A	0.18%	0.5%	0.18%
DE	A	0.68%	0.45%	0.45%
EQIX	A	0.07%	0.47%	0.07%
GS	A	0.75%	0.53%	0.53%
HON	B	0.98%	0.48%	0.48%
JNJ	D	0.51%	0.43%	0.43%
KO	D	0.63%	0.42%	0.42%
LOW	D	0.99%	0.45%	0.45%
MCD	D	0.81%	0.44%	0.44%
MDLZ	F	0.72%	0.43%	0.43%
MDT	D	0.46%	0.44%	0.44%
MMC	B	0.14%	0.46%	0.14%
MO	A	0.15%	0.52%	0.15%
MRK	F	0.24%	0.43%	0.24%
NOC	D	0.17%	0.44%	0.17%
OTIS	C	0.5%	0.44%	0.44%
PEP	F	0.83%	0.44%	0.44%
PG	A	0.14%	0.46%	0.14%
PM	B	0.32%	0.5%	0.32%
PPG	F	0.21%	0.45%	0.21%
SO	D	0.84%	0.44%	0.44%
T	A	0.18%	0.48%	0.18%
TGT	F	0.14%	0.47%	0.14%
TRV	B	0.34%	0.46%	0.34%
TXN	C	0.87%	0.49%	0.49%
UNH	C	1.62%	0.48%	0.48%
UNP	C	0.17%	0.46%	0.17%
UPS	C	0.54%	0.47%	0.47%
XOM	B	1.43%	0.47%	0.47%
YUM	B	0.5%	0.47%	0.47%

HELO Overweight 120 Positions Relative to FVD

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%
BRK.A	B	1.53%
V	A	1.49%
GOOG	C	1.46%
BAC	A	1.26%
CRM	B	1.15%
LLY	F	1.07%
AVGO	D	1.02%
WFC	A	1.0%
TT	A	0.96%
NOW	A	0.94%
TMO	F	0.89%
NEE	D	0.83%
LIN	D	0.82%
COP	C	0.81%
SYK	C	0.76%
BKNG	A	0.75%
PGR	A	0.75%
NXPI	D	0.72%
AZO	C	0.65%
HWM	A	0.62%
VRTX	F	0.6%
UBER	D	0.58%
MU	D	0.57%
TFC	A	0.56%
COST	B	0.53%
BSX	B	0.52%
TDG	D	0.52%
FIS	C	0.52%
INTU	C	0.51%
CMG	B	0.51%
PLD	D	0.5%
PCG	A	0.5%
FITB	A	0.48%
CPAY	A	0.47%
EOG	A	0.47%
CARR	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%
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%
RCL	A	0.34%
CI	F	0.34%
FDX	B	0.33%
USB	A	0.33%
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%
LYB	F	0.23%
IR	B	0.23%
DAL	C	0.23%
MAS	D	0.23%
AXP	A	0.21%
BBY	D	0.2%
AMP	A	0.2%
KKR	A	0.2%
ELS	C	0.19%
HPE	B	0.18%
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%
HUM	C	0.16%
ANET	C	0.15%
LEN	D	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%
APTV	D	0.1%
WMG	C	0.1%
NBIX	C	0.08%
SIRI	C	0.07%
EQT	B	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 160 Positions Relative to FVD

Symbol	Grade	Weight
GRMN	B	-0.59%
GATX	A	-0.54%
G	B	-0.54%
EMR	A	-0.54%
CBSH	A	-0.54%
DTM	B	-0.53%
PINC	B	-0.53%
RHI	B	-0.53%
AIZ	A	-0.52%
INGR	B	-0.52%
MS	A	-0.52%
IDA	A	-0.52%
SEIC	B	-0.52%
XEL	A	-0.51%
ETR	B	-0.51%
CMI	A	-0.51%
IOSP	B	-0.51%
IEX	B	-0.51%
SNA	A	-0.51%
JCI	C	-0.51%
SRE	A	-0.5%
NSC	B	-0.5%
GILD	C	-0.5%
WSO	A	-0.5%
HLI	B	-0.5%
LANC	C	-0.5%
UVV	B	-0.5%
PKG	A	-0.5%
WERN	C	-0.5%
WTW	B	-0.5%
WDFC	B	-0.5%
JPM	A	-0.5%
ITW	B	-0.49%
BLK	C	-0.49%
WM	A	-0.49%
CPK	A	-0.49%
KR	B	-0.49%
NEU	C	-0.49%
SLGN	A	-0.49%
NDAQ	A	-0.49%
TROW	B	-0.49%
FAST	B	-0.49%
THG	A	-0.49%
DGX	A	-0.49%
BK	A	-0.48%
OTTR	C	-0.48%
DCI	B	-0.48%
CSCO	B	-0.48%
CHRW	C	-0.48%
TM	D	-0.48%
EVRG	A	-0.48%
SBUX	A	-0.48%
GNTX	C	-0.48%
NI	A	-0.48%
SCL	C	-0.48%
CLX	B	-0.48%
PAYX	C	-0.48%
BKH	A	-0.48%
SWX	B	-0.48%
BTI	B	-0.48%
TJX	A	-0.48%
MSM	C	-0.48%
LECO	B	-0.48%
ADP	B	-0.48%
PNW	B	-0.48%
BR	A	-0.48%
BRC	D	-0.47%
AGR	B	-0.47%
ALE	A	-0.47%
NWN	A	-0.47%
OGS	A	-0.47%
EXPD	D	-0.47%
STZ	D	-0.47%
SXT	B	-0.47%
NDSN	B	-0.47%
NJR	A	-0.47%
PPL	B	-0.47%
ATO	A	-0.47%
ALL	A	-0.47%
MSEX	B	-0.47%
AEE	A	-0.47%
SIGI	C	-0.47%
CNI	D	-0.46%
MMM	D	-0.46%
INFY	B	-0.46%
DLB	B	-0.46%
AWR	B	-0.46%
NWE	B	-0.46%
CAT	B	-0.46%
CALM	A	-0.46%
SR	A	-0.46%
POOL	C	-0.46%
K	A	-0.46%
HD	A	-0.46%
TD	F	-0.46%
PSA	D	-0.46%
JJSF	B	-0.46%
LHX	C	-0.46%
SNX	C	-0.45%
TAK	F	-0.45%
MKC	D	-0.45%
SON	D	-0.45%
CB	C	-0.45%
PEG	A	-0.45%
NFG	A	-0.45%
WEC	A	-0.45%
HSY	F	-0.45%
FLO	D	-0.45%
LNT	A	-0.45%
EIX	B	-0.45%
HRL	D	-0.45%
CNA	B	-0.45%
AFL	B	-0.45%
JNPR	F	-0.45%
AWK	D	-0.44%
AEP	D	-0.44%
TSCO	D	-0.44%
CPB	D	-0.44%
CWT	D	-0.44%
GIS	D	-0.44%
EXC	C	-0.44%
BDX	F	-0.44%
RTX	C	-0.44%
POR	C	-0.44%
BAH	F	-0.44%
WTRG	B	-0.44%
GD	F	-0.44%
DOX	D	-0.44%
APD	A	-0.44%
CL	D	-0.43%
MMS	F	-0.43%
UL	D	-0.43%
DUK	C	-0.43%
SJM	D	-0.43%
REYN	D	-0.43%
AVY	D	-0.43%
AOS	F	-0.43%
NKE	D	-0.43%
ES	D	-0.43%
CAG	D	-0.43%
RIO	D	-0.43%
DTE	C	-0.43%
TSM	B	-0.43%
AMGN	D	-0.43%
VZ	C	-0.43%
NVS	D	-0.42%
KHC	F	-0.42%
ED	D	-0.42%
PFE	D	-0.42%
GSK	F	-0.42%
IBM	C	-0.42%
KDP	D	-0.42%
SJW	D	-0.42%
KMB	D	-0.42%
DEO	F	-0.41%
LMT	D	-0.41%
SNY	F	-0.41%
AZN	D	-0.39%
HMC	F	-0.39%
HII	D	-0.35%