HELO vs. JOET ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

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

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.40

Average Daily Volume

29,173

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	HELO	JOET
30 Days	1.57%	7.96%
60 Days	3.39%	9.99%
90 Days	4.59%	13.18%
12 Months	20.91%	38.99%

40 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in JOET	Overlap
ACN	C	0.21%	0.76%	0.21%
ADI	D	0.72%	0.7%	0.7%
AMD	F	0.45%	0.66%	0.45%
AMP	A	0.2%	0.83%	0.2%
AMZN	C	4.5%	0.85%	0.85%
ANET	C	0.15%	0.75%	0.15%
AVGO	D	1.02%	0.75%	0.75%
AXP	A	0.21%	0.81%	0.21%
BRK.A	B	1.53%	0.77%	0.77%
BSX	B	0.52%	0.78%	0.52%
CARR	D	0.46%	0.75%	0.46%
CMG	B	0.51%	0.75%	0.51%
COST	B	0.53%	0.79%	0.53%
CRM	B	1.15%	0.86%	0.86%
DAL	C	0.23%	0.89%	0.23%
ETN	A	0.38%	0.8%	0.38%
FITB	A	0.48%	0.81%	0.48%
HWM	A	0.62%	0.84%	0.62%
IR	B	0.23%	0.81%	0.23%
LEN	D	0.14%	0.74%	0.14%
LLY	F	1.07%	0.67%	0.67%
MA	C	1.72%	0.78%	0.78%
META	D	2.9%	0.76%	0.76%
MLM	B	0.16%	0.77%	0.16%
MSFT	F	7.13%	0.76%	0.76%
NOW	A	0.94%	0.84%	0.84%
NVDA	C	7.8%	0.79%	0.79%
ORCL	B	0.36%	0.82%	0.36%
PCAR	B	0.18%	0.82%	0.18%
PFG	D	0.13%	0.78%	0.13%
PGR	A	0.75%	0.8%	0.75%
RCL	A	0.34%	0.87%	0.34%
ROST	C	0.44%	0.75%	0.44%
SQ	B	0.14%	0.85%	0.14%
SYK	C	0.76%	0.82%	0.76%
TRV	B	0.34%	0.77%	0.34%
TT	A	0.96%	0.79%	0.79%
UBER	D	0.58%	0.7%	0.58%
URI	B	0.13%	0.78%	0.13%
WELL	A	0.27%	0.78%	0.27%

HELO Overweight 121 Positions Relative to JOET

Symbol	Grade	Weight
AAPL	C	6.83%
GOOGL	C	2.09%
UNH	C	1.62%
TSLA	B	1.58%
V	A	1.49%
GOOG	C	1.46%
XOM	B	1.43%
BAC	A	1.26%
ABBV	D	1.14%
WFC	A	1.0%
LOW	D	0.99%
HON	B	0.98%
TMO	F	0.89%
TXN	C	0.87%
SO	D	0.84%
NEE	D	0.83%
PEP	F	0.83%
LIN	D	0.82%
COP	C	0.81%
MCD	D	0.81%
BKNG	A	0.75%
GS	A	0.75%
NXPI	D	0.72%
MDLZ	F	0.72%
CMCSA	B	0.71%
BMY	B	0.68%
DE	A	0.68%
AZO	C	0.65%
KO	D	0.63%
VRTX	F	0.6%
CME	A	0.59%
MU	D	0.57%
TFC	A	0.56%
UPS	C	0.54%
TDG	D	0.52%
FIS	C	0.52%
INTU	C	0.51%
JNJ	D	0.51%
PLD	D	0.5%
OTIS	C	0.5%
PCG	A	0.5%
YUM	B	0.5%
CTSH	B	0.49%
CPAY	A	0.47%
EOG	A	0.47%
MDT	D	0.46%
REGN	F	0.45%
DHR	F	0.44%
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%
LRCX	F	0.37%
HLT	A	0.36%
DOW	F	0.35%
CI	F	0.34%
FDX	B	0.33%
USB	A	0.33%
PM	B	0.32%
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%
KVUE	A	0.26%
CHTR	C	0.25%
BKR	B	0.24%
BURL	A	0.24%
MRK	F	0.24%
LYB	F	0.23%
MAS	D	0.23%
PPG	F	0.21%
BBY	D	0.2%
KKR	A	0.2%
ABT	B	0.19%
ELS	C	0.19%
CVX	A	0.18%
HPE	B	0.18%
ADBE	C	0.18%
WDC	D	0.18%
T	A	0.18%
MSI	B	0.17%
NOC	D	0.17%
CDNS	B	0.17%
UNP	C	0.17%
TMUS	B	0.17%
MCK	B	0.16%
HUM	C	0.16%
MO	A	0.15%
PG	A	0.14%
MMC	B	0.14%
TGT	F	0.14%
LULU	C	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%
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 84 Positions Relative to JOET

Symbol	Grade	Weight
APP	B	-1.3%
AXON	A	-1.03%
PLTR	B	-1.0%
COIN	C	-0.98%
GRMN	B	-0.97%
SPOT	B	-0.94%
UAL	A	-0.91%
FTNT	C	-0.89%
IBKR	A	-0.89%
DOCU	A	-0.88%
SYF	B	-0.87%
CRWD	B	-0.87%
APO	B	-0.86%
DFS	B	-0.86%
HEI	B	-0.85%
NFLX	A	-0.85%
FCNCA	A	-0.85%
PH	A	-0.85%
PODD	C	-0.85%
HBAN	A	-0.84%
CMI	A	-0.83%
PANW	C	-0.83%
CFG	B	-0.83%
RF	A	-0.83%
GM	B	-0.83%
VMC	B	-0.83%
MTB	A	-0.82%
RJF	A	-0.82%
ROL	B	-0.81%
BR	A	-0.81%
VRT	B	-0.81%
GWW	B	-0.81%
ADSK	A	-0.81%
FAST	B	-0.81%
JPM	A	-0.81%
SPGI	C	-0.8%
DOV	A	-0.8%
ISRG	A	-0.8%
APH	A	-0.8%
TTD	B	-0.8%
BRO	B	-0.8%
CINF	A	-0.79%
ALL	A	-0.79%
DDOG	A	-0.79%
NTRS	A	-0.79%
CTAS	B	-0.79%
IT	C	-0.79%
DECK	A	-0.79%
RSG	A	-0.79%
WMT	A	-0.78%
WRB	A	-0.78%
PYPL	B	-0.78%
TSCO	D	-0.78%
HIG	B	-0.78%
WAB	B	-0.78%
PWR	A	-0.78%
BK	A	-0.77%
NVR	D	-0.76%
AFL	B	-0.76%
AMAT	F	-0.76%
NU	C	-0.75%
PSA	D	-0.75%
CB	C	-0.75%
CAT	B	-0.75%
EXR	D	-0.74%
CPNG	D	-0.74%
HUBB	B	-0.74%
TW	A	-0.74%
KLAC	D	-0.73%
GD	F	-0.73%
PHM	D	-0.73%
ACGL	D	-0.72%
FSLR	F	-0.72%
QCOM	F	-0.72%
XYL	D	-0.71%
RMD	C	-0.71%
DHI	D	-0.69%
MELI	D	-0.69%
O	D	-0.69%
IRM	D	-0.67%
CHKP	D	-0.65%
CEG	D	-0.64%
MPWR	F	-0.49%
SMCI	F	-0.29%