HELO vs. HLAL ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Wahed FTSE USA Shariah ETF (HLAL)

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

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	HELO	HLAL
30 Days	1.57%	2.35%
60 Days	3.39%	1.62%
90 Days	4.59%	3.31%
12 Months	20.91%	20.13%

64 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in HLAL	Overlap
AAPL	C	6.83%	14.91%	6.83%
ABT	B	0.19%	0.9%	0.19%
ADBE	C	0.18%	0.98%	0.18%
ADI	D	0.72%	0.47%	0.47%
AMD	F	0.45%	0.99%	0.45%
APTV	D	0.1%	0.06%	0.06%
BIIB	F	0.12%	0.1%	0.1%
BKR	B	0.24%	0.2%	0.2%
BMRN	D	0.03%	0.05%	0.03%
BSX	B	0.52%	0.6%	0.52%
BURL	A	0.24%	0.08%	0.08%
CARR	D	0.46%	0.28%	0.28%
CDNS	B	0.17%	0.37%	0.17%
CHD	B	0.3%	0.12%	0.12%
COP	C	0.81%	0.6%	0.6%
CRM	B	1.15%	1.36%	1.15%
CVX	A	0.18%	1.24%	0.18%
DAL	C	0.23%	0.05%	0.05%
DHR	F	0.44%	0.67%	0.44%
DOW	F	0.35%	0.12%	0.12%
EL	F	0.05%	0.07%	0.05%
FANG	D	0.31%	0.15%	0.15%
FDX	B	0.33%	0.29%	0.29%
GOOG	C	1.46%	3.91%	1.46%
GOOGL	C	2.09%	4.63%	2.09%
IR	B	0.23%	0.19%	0.19%
JNJ	D	0.51%	1.65%	0.51%
KO	D	0.63%	1.1%	0.63%
KVUE	A	0.26%	0.2%	0.2%
LEN	D	0.14%	0.0%	0.0%
LEN	D	0.14%	0.18%	0.14%
LIN	D	0.82%	0.97%	0.82%
LKQ	D	0.02%	0.04%	0.02%
LRCX	F	0.37%	0.41%	0.37%
LULU	C	0.13%	0.17%	0.13%
LYB	F	0.23%	0.1%	0.1%
MCK	B	0.16%	0.36%	0.16%
MDLZ	F	0.72%	0.39%	0.39%
MDT	D	0.46%	0.49%	0.46%
META	D	2.9%	5.55%	2.9%
MLM	B	0.16%	0.16%	0.16%
MRK	F	0.24%	1.11%	0.24%
MRVL	B	0.06%	0.35%	0.06%
MSFT	F	7.13%	13.84%	7.13%
MU	D	0.57%	0.49%	0.49%
NOW	A	0.94%	0.92%	0.92%
NUE	C	0.11%	0.16%	0.11%
NXPI	D	0.72%	0.25%	0.25%
PCAR	B	0.18%	0.25%	0.18%
PG	A	0.14%	1.81%	0.14%
PLD	D	0.5%	0.48%	0.48%
PPG	F	0.21%	0.13%	0.13%
REGN	F	0.45%	0.35%	0.35%
ROST	C	0.44%	0.21%	0.21%
SYK	C	0.76%	0.63%	0.63%
TMO	F	0.89%	0.87%	0.87%
TSLA	B	1.58%	4.25%	1.58%
TT	A	0.96%	0.42%	0.42%
TXN	C	0.87%	0.81%	0.81%
UBER	D	0.58%	0.62%	0.58%
UPS	C	0.54%	0.43%	0.43%
WDC	D	0.18%	0.09%	0.09%
WELL	A	0.27%	0.37%	0.27%
XOM	B	1.43%	2.42%	1.43%

HELO Overweight 98 Positions Relative to HLAL

Symbol	Grade	Weight
NVDA	C	7.8%
AMZN	C	4.5%
MA	C	1.72%
UNH	C	1.62%
BRK.A	B	1.53%
V	A	1.49%
BAC	A	1.26%
ABBV	D	1.14%
LLY	F	1.07%
AVGO	D	1.02%
WFC	A	1.0%
LOW	D	0.99%
HON	B	0.98%
SO	D	0.84%
NEE	D	0.83%
PEP	F	0.83%
MCD	D	0.81%
BKNG	A	0.75%
GS	A	0.75%
PGR	A	0.75%
CMCSA	B	0.71%
BMY	B	0.68%
DE	A	0.68%
AZO	C	0.65%
HWM	A	0.62%
VRTX	F	0.6%
CME	A	0.59%
TFC	A	0.56%
COST	B	0.53%
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%
EOG	A	0.47%
AON	A	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%
ORCL	B	0.36%
HLT	A	0.36%
TRV	B	0.34%
RCL	A	0.34%
CI	F	0.34%
USB	A	0.33%
PM	B	0.32%
MNST	C	0.32%
SBAC	D	0.31%
DIS	B	0.31%
MET	A	0.3%
C	A	0.3%
EXPE	B	0.29%
TXT	D	0.29%
CHTR	C	0.25%
MAS	D	0.23%
ACN	C	0.21%
AXP	A	0.21%
BBY	D	0.2%
AMP	A	0.2%
KKR	A	0.2%
ELS	C	0.19%
HPE	B	0.18%
T	A	0.18%
MSI	B	0.17%
NOC	D	0.17%
UNP	C	0.17%
TMUS	B	0.17%
HUM	C	0.16%
MO	A	0.15%
ANET	C	0.15%
MMC	B	0.14%
TGT	F	0.14%
SQ	B	0.14%
URI	B	0.13%
PFG	D	0.13%
FICO	B	0.12%
HCA	F	0.11%
DASH	A	0.11%
VST	B	0.1%
CMS	C	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%
AME	A	0.06%
NRG	B	0.04%
SRPT	D	0.03%

HELO Underweight 134 Positions Relative to HLAL

Symbol	Grade	Weight
CSCO	B	-1.04%
ISRG	A	-0.85%
QCOM	F	-0.77%
PFE	D	-0.63%
AMAT	F	-0.63%
TJX	A	-0.61%
ADP	B	-0.55%
PANW	C	-0.54%
INTC	D	-0.46%
GEV	B	-0.41%
NKE	D	-0.4%
SNPS	B	-0.37%
KLAC	D	-0.37%
CTAS	B	-0.34%
EMR	A	-0.33%
APD	A	-0.33%
CEG	D	-0.33%
MMM	D	-0.32%
ADSK	A	-0.3%
BDX	F	-0.29%
SLB	C	-0.28%
ROP	B	-0.26%
PSX	C	-0.25%
JCI	C	-0.25%
MPC	D	-0.25%
PWR	A	-0.22%
DHI	D	-0.22%
VRT	B	-0.22%
CMI	A	-0.22%
NEM	D	-0.22%
GWW	B	-0.22%
FAST	B	-0.21%
AXON	A	-0.2%
EA	A	-0.2%
VLO	C	-0.2%
HES	B	-0.19%
EW	C	-0.19%
ODFL	B	-0.19%
COR	B	-0.18%
CTVA	C	-0.18%
GEHC	F	-0.17%
A	D	-0.17%
IT	C	-0.17%
RMD	C	-0.16%
HPQ	B	-0.16%
GLW	B	-0.16%
DELL	C	-0.16%
VMC	B	-0.16%
DD	D	-0.15%
OXY	D	-0.15%
KDP	D	-0.15%
WAB	B	-0.15%
IDXX	F	-0.15%
EBAY	D	-0.14%
GRMN	B	-0.14%
ROK	B	-0.14%
TTWO	A	-0.14%
ON	D	-0.13%
TSCO	D	-0.13%
CAH	B	-0.13%
XYL	D	-0.13%
ANSS	B	-0.13%
VLTO	D	-0.12%
PHM	D	-0.12%
FTV	C	-0.12%
DOV	A	-0.12%
HAL	C	-0.12%
HUBB	B	-0.11%
DVN	F	-0.11%
TYL	B	-0.11%
NTAP	C	-0.11%
ADM	D	-0.11%
STLD	B	-0.1%
PKG	A	-0.1%
ATO	A	-0.1%
PTC	A	-0.1%
ZBH	C	-0.1%
WY	D	-0.1%
WST	C	-0.1%
IFF	D	-0.1%
OMC	C	-0.09%
MKC	D	-0.09%
ZBRA	B	-0.09%
FSLR	F	-0.09%
LH	C	-0.09%
STE	F	-0.09%
ILMN	D	-0.09%
BLDR	D	-0.09%
ALGN	D	-0.08%
EXPD	D	-0.08%
GPC	D	-0.08%
IEX	B	-0.08%
PNR	A	-0.08%
TRMB	B	-0.08%
HOLX	D	-0.08%
DGX	A	-0.08%
ARE	D	-0.08%
SNA	A	-0.08%
PODD	C	-0.08%
JBHT	C	-0.07%
FLEX	A	-0.07%
MRO	B	-0.07%
TER	D	-0.07%
ULTA	F	-0.07%
CF	B	-0.07%
IP	B	-0.07%
ICLR	D	-0.07%
BG	F	-0.06%
DLTR	F	-0.06%
SMCI	F	-0.06%
ALB	C	-0.06%
SWK	D	-0.06%
AKAM	D	-0.06%
POOL	C	-0.06%
REG	B	-0.06%
RVTY	F	-0.06%
ROL	B	-0.06%
FFIV	B	-0.06%
TECH	D	-0.05%
IPG	D	-0.05%
NWSA	B	-0.05%
JNPR	F	-0.05%
OKTA	C	-0.05%
TFX	F	-0.04%
SCCO	F	-0.04%
CRL	C	-0.04%
WBA	F	-0.03%
QRVO	F	-0.03%
UAL	A	-0.03%
NWS	B	-0.02%
GFS	C	-0.02%
WLK	D	-0.02%
LUV	C	-0.02%
AGR	B	-0.01%