HELO vs. IWX ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to iShares Russell Top 200 Value ETF (IWX)

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

$62.71

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.63

Average Daily Volume

315,888

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	HELO	IWX
30 Days	1.57%	2.62%
60 Days	3.39%	4.46%
90 Days	4.59%	6.64%
12 Months	20.91%	28.30%

79 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in IWX	Overlap
ABBV	D	1.14%	1.0%	1.0%
ABT	B	0.19%	1.21%	0.19%
ACN	C	0.21%	1.34%	0.21%
ADI	D	0.72%	0.62%	0.62%
AMD	F	0.45%	0.45%	0.45%
AON	A	0.44%	0.45%	0.44%
AXP	A	0.21%	0.61%	0.21%
AZO	C	0.65%	0.03%	0.03%
BAC	A	1.26%	1.91%	1.26%
BKNG	A	0.75%	0.06%	0.06%
BMY	B	0.68%	0.69%	0.68%
BRK.A	B	1.53%	5.18%	1.53%
BSX	B	0.52%	0.77%	0.52%
C	A	0.3%	0.79%	0.3%
CARR	D	0.46%	0.38%	0.38%
CI	F	0.34%	0.49%	0.34%
CMCSA	B	0.71%	0.99%	0.71%
CME	A	0.59%	0.49%	0.49%
COP	C	0.81%	0.79%	0.79%
CRM	B	1.15%	0.28%	0.28%
CSX	B	0.41%	0.41%	0.41%
CVX	A	0.18%	1.68%	0.18%
DASH	A	0.11%	0.04%	0.04%
DE	A	0.68%	0.61%	0.61%
DHR	F	0.44%	0.9%	0.44%
DIS	B	0.31%	1.27%	0.31%
EL	F	0.05%	0.06%	0.05%
EOG	A	0.47%	0.47%	0.47%
EQIX	A	0.07%	0.49%	0.07%
ETN	A	0.38%	0.86%	0.38%
FDX	B	0.33%	0.4%	0.33%
GS	A	0.75%	0.83%	0.75%
HCA	F	0.11%	0.29%	0.11%
HON	B	0.98%	0.76%	0.76%
JNJ	D	0.51%	2.24%	0.51%
KKR	A	0.2%	0.43%	0.2%
KO	D	0.63%	0.62%	0.62%
LIN	D	0.82%	1.3%	0.82%
LOW	D	0.99%	0.93%	0.93%
MCD	D	0.81%	1.19%	0.81%
MCK	B	0.16%	0.27%	0.16%
MDLZ	F	0.72%	0.52%	0.52%
MDT	D	0.46%	0.68%	0.46%
MET	A	0.3%	0.3%	0.3%
MMC	B	0.14%	0.57%	0.14%
MNST	C	0.32%	0.04%	0.04%
MO	A	0.15%	0.58%	0.15%
MRVL	B	0.06%	0.42%	0.06%
MSI	B	0.17%	0.26%	0.17%
MU	D	0.57%	0.64%	0.57%
NEE	D	0.83%	0.95%	0.83%
NOC	D	0.17%	0.41%	0.17%
PCAR	B	0.18%	0.35%	0.18%
PEP	F	0.83%	0.28%	0.28%
PG	A	0.14%	1.87%	0.14%
PGR	A	0.75%	0.14%	0.14%
PLD	D	0.5%	0.63%	0.5%
PM	B	0.32%	1.2%	0.32%
REGN	F	0.45%	0.44%	0.44%
SCHW	B	0.42%	0.65%	0.42%
SO	D	0.84%	0.58%	0.58%
SYK	C	0.76%	0.6%	0.6%
T	A	0.18%	0.98%	0.18%
TDG	D	0.52%	0.33%	0.33%
TFC	A	0.56%	0.37%	0.37%
TGT	F	0.14%	0.42%	0.14%
TMO	F	0.89%	1.18%	0.89%
TMUS	B	0.17%	0.69%	0.17%
TRV	B	0.34%	0.36%	0.34%
TT	A	0.96%	0.37%	0.37%
TXN	C	0.87%	0.97%	0.87%
UNH	C	1.62%	3.06%	1.62%
UNP	C	0.17%	0.45%	0.17%
UPS	C	0.54%	0.59%	0.54%
USB	A	0.33%	0.47%	0.33%
VRTX	F	0.6%	0.36%	0.36%
WELL	A	0.27%	0.49%	0.27%
WFC	A	1.0%	1.57%	1.0%
XOM	B	1.43%	3.23%	1.43%

HELO Overweight 82 Positions Relative to IWX

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%
LLY	F	1.07%
AVGO	D	1.02%
NOW	A	0.94%
NXPI	D	0.72%
HWM	A	0.62%
UBER	D	0.58%
COST	B	0.53%
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%
ROST	C	0.44%
STX	D	0.41%
LDOS	C	0.39%
DLR	B	0.39%
VTR	C	0.39%
LRCX	F	0.37%
ORCL	B	0.36%
HLT	A	0.36%
DOW	F	0.35%
RCL	A	0.34%
SBAC	D	0.31%
FANG	D	0.31%
CHD	B	0.3%
EXPE	B	0.29%
TXT	D	0.29%
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%
BBY	D	0.2%
AMP	A	0.2%
ELS	C	0.19%
HPE	B	0.18%
ADBE	C	0.18%
WDC	D	0.18%
CDNS	B	0.17%
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%
VST	B	0.1%
CMS	C	0.1%
APTV	D	0.1%
WMG	C	0.1%
NBIX	C	0.08%
SIRI	C	0.07%
EQT	B	0.06%
BAX	D	0.06%
AME	A	0.06%
NRG	B	0.04%
BMRN	D	0.03%
SRPT	D	0.03%
LKQ	D	0.02%

HELO Underweight 79 Positions Relative to IWX

Symbol	Grade	Weight
JPM	A	-4.24%
WMT	A	-2.2%
CSCO	B	-1.4%
IBM	C	-1.13%
VZ	C	-1.06%
CAT	B	-0.97%
SPGI	C	-0.95%
RTX	C	-0.95%
BLK	C	-0.93%
GE	D	-0.91%
MS	A	-0.88%
PFE	D	-0.85%
CB	C	-0.7%
GILD	C	-0.66%
INTC	D	-0.62%
PH	A	-0.54%
GEV	B	-0.54%
PYPL	B	-0.53%
ICE	C	-0.53%
DUK	C	-0.52%
PNC	B	-0.5%
FI	A	-0.5%
BA	F	-0.49%
HD	A	-0.49%
LMT	D	-0.47%
ELV	F	-0.47%
GD	F	-0.47%
EMR	A	-0.44%
APD	A	-0.43%
COF	B	-0.42%
CRH	A	-0.41%
CVS	D	-0.4%
BDX	F	-0.39%
GM	B	-0.38%
MAR	B	-0.38%
FCX	D	-0.37%
SLB	C	-0.37%
NSC	B	-0.36%
CEG	D	-0.36%
MMM	D	-0.35%
ROP	B	-0.35%
SRE	A	-0.35%
JCI	C	-0.34%
PSX	C	-0.33%
MPC	D	-0.33%
TJX	A	-0.33%
AEP	D	-0.31%
AIG	B	-0.3%
ITW	B	-0.3%
D	C	-0.29%
NEM	D	-0.28%
VLO	C	-0.27%
PSA	D	-0.27%
RSG	A	-0.26%
F	C	-0.26%
STZ	D	-0.23%
CL	D	-0.21%
APH	A	-0.21%
NKE	D	-0.21%
KDP	D	-0.21%
EW	C	-0.2%
OXY	D	-0.2%
AMGN	D	-0.2%
DELL	C	-0.18%
KHC	F	-0.17%
KMB	D	-0.16%
SBUX	A	-0.15%
APO	B	-0.13%
ZTS	D	-0.08%
FTNT	C	-0.07%
QCOM	F	-0.07%
AMAT	F	-0.07%
MRNA	F	-0.07%
ECL	D	-0.05%
SHW	A	-0.05%
ADP	B	-0.05%
ORLY	B	-0.03%
CPRT	A	-0.02%
CTAS	B	-0.02%