HELO vs. NBCR ETF Comparison

Comparison of JPMorgan Hedged Equity Laddered Overlay ETF (HELO) to Neuberger Berman Core Equity ETF (NBCR)

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

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	HELO	NBCR
30 Days	1.57%	2.81%
60 Days	3.39%	4.11%
90 Days	4.59%	5.52%
12 Months	20.91%

73 Overlapping Holdings

Symbol	Grade	Weight in HELO	Weight in NBCR	Overlap
AAPL	C	6.83%	6.48%	6.48%
ABBV	D	1.14%	0.86%	0.86%
ACN	C	0.21%	0.47%	0.21%
ADI	D	0.72%	0.5%	0.5%
AMD	F	0.45%	0.57%	0.45%
AMZN	C	4.5%	3.83%	3.83%
AON	A	0.44%	1.41%	0.44%
APTV	D	0.1%	0.14%	0.1%
BAC	A	1.26%	0.76%	0.76%
BKNG	A	0.75%	0.49%	0.49%
BMRN	D	0.03%	0.09%	0.03%
BMY	B	0.68%	0.28%	0.28%
BSX	B	0.52%	0.87%	0.52%
C	A	0.3%	0.39%	0.3%
CARR	D	0.46%	0.36%	0.36%
COP	C	0.81%	0.4%	0.4%
COST	B	0.53%	1.06%	0.53%
CRM	B	1.15%	0.87%	0.87%
CSX	B	0.41%	0.27%	0.27%
DAL	C	0.23%	0.25%	0.23%
DE	A	0.68%	0.33%	0.33%
ELS	C	0.19%	0.16%	0.16%
EOG	A	0.47%	0.31%	0.31%
EQT	B	0.06%	0.13%	0.06%
ETN	A	0.38%	0.63%	0.38%
FANG	D	0.31%	0.24%	0.24%
FDX	B	0.33%	0.22%	0.22%
FITB	A	0.48%	0.24%	0.24%
GOOG	C	1.46%	1.94%	1.46%
GOOGL	C	2.09%	3.37%	2.09%
GS	A	0.75%	0.42%	0.42%
HCA	F	0.11%	0.26%	0.11%
HUM	C	0.16%	0.2%	0.16%
INTU	C	0.51%	0.62%	0.51%
IR	B	0.23%	0.36%	0.23%
JNJ	D	0.51%	0.98%	0.51%
KKR	A	0.2%	0.61%	0.2%
LEN	D	0.14%	0.22%	0.14%
LIN	D	0.82%	0.59%	0.59%
LLY	F	1.07%	1.19%	1.07%
LRCX	F	0.37%	0.2%	0.2%
MA	C	1.72%	1.1%	1.1%
MCD	D	0.81%	0.58%	0.58%
MCK	B	0.16%	0.25%	0.16%
MDLZ	F	0.72%	0.36%	0.36%
MDT	D	0.46%	0.72%	0.46%
MET	A	0.3%	0.22%	0.22%
MLM	B	0.16%	0.25%	0.16%
MSFT	F	7.13%	6.01%	6.01%
MSI	B	0.17%	0.35%	0.17%
NEE	D	0.83%	0.33%	0.33%
NOW	A	0.94%	0.77%	0.77%
NUE	C	0.11%	0.11%	0.11%
NVDA	C	7.8%	6.7%	6.7%
ORCL	B	0.36%	0.99%	0.36%
PCG	A	0.5%	0.14%	0.14%
PG	A	0.14%	0.87%	0.14%
PLD	D	0.5%	0.38%	0.38%
REGN	F	0.45%	0.3%	0.3%
T	A	0.18%	0.75%	0.18%
TDG	D	0.52%	0.77%	0.52%
TMO	F	0.89%	0.53%	0.53%
TMUS	B	0.17%	0.88%	0.17%
TT	A	0.96%	0.48%	0.48%
TXN	C	0.87%	0.63%	0.63%
UBER	D	0.58%	0.74%	0.58%
URI	B	0.13%	0.32%	0.13%
V	A	1.49%	1.23%	1.23%
VRTX	F	0.6%	0.51%	0.51%
VST	B	0.1%	0.15%	0.1%
VTR	C	0.39%	0.2%	0.2%
WFC	A	1.0%	0.99%	0.99%
XOM	B	1.43%	1.15%	1.15%

HELO Overweight 88 Positions Relative to NBCR

Symbol	Grade	Weight
META	D	2.9%
UNH	C	1.62%
TSLA	B	1.58%
BRK.A	B	1.53%
AVGO	D	1.02%
LOW	D	0.99%
HON	B	0.98%
SO	D	0.84%
PEP	F	0.83%
SYK	C	0.76%
PGR	A	0.75%
NXPI	D	0.72%
CMCSA	B	0.71%
AZO	C	0.65%
KO	D	0.63%
HWM	A	0.62%
CME	A	0.59%
MU	D	0.57%
TFC	A	0.56%
UPS	C	0.54%
FIS	C	0.52%
CMG	B	0.51%
OTIS	C	0.5%
YUM	B	0.5%
CTSH	B	0.49%
CPAY	A	0.47%
DHR	F	0.44%
ROST	C	0.44%
SCHW	B	0.42%
STX	D	0.41%
LDOS	C	0.39%
DLR	B	0.39%
HLT	A	0.36%
DOW	F	0.35%
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%
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%
MRK	F	0.24%
LYB	F	0.23%
MAS	D	0.23%
PPG	F	0.21%
AXP	A	0.21%
BBY	D	0.2%
AMP	A	0.2%
ABT	B	0.19%
CVX	A	0.18%
HPE	B	0.18%
PCAR	B	0.18%
ADBE	C	0.18%
WDC	D	0.18%
NOC	D	0.17%
CDNS	B	0.17%
UNP	C	0.17%
MO	A	0.15%
ANET	C	0.15%
MMC	B	0.14%
TGT	F	0.14%
SQ	B	0.14%
LULU	C	0.13%
PFG	D	0.13%
BIIB	F	0.12%
FICO	B	0.12%
DASH	A	0.11%
CMS	C	0.1%
WMG	C	0.1%
NBIX	C	0.08%
EQIX	A	0.07%
SIRI	C	0.07%
BAX	D	0.06%
MRVL	B	0.06%
AME	A	0.06%
EL	F	0.05%
NRG	B	0.04%
SRPT	D	0.03%
LKQ	D	0.02%

HELO Underweight 119 Positions Relative to NBCR

Symbol	Grade	Weight
JPM	A	-1.4%
HD	A	-1.22%
UNM	A	-0.97%
GE	D	-0.94%
QCOM	F	-0.91%
NFLX	A	-0.81%
AIG	B	-0.76%
SPGI	C	-0.74%
TJX	A	-0.71%
FI	A	-0.66%
CCL	B	-0.62%
FYBR	D	-0.6%
GM	B	-0.59%
SNPS	B	-0.58%
IWB	A	-0.56%
ICE	C	-0.56%
DKNG	B	-0.52%
AMAT	F	-0.52%
CAT	B	-0.51%
CRWD	B	-0.51%
UL	D	-0.51%
ZBH	C	-0.5%
PH	A	-0.48%
CSCO	B	-0.46%
ALL	A	-0.45%
APH	A	-0.45%
MMM	D	-0.44%
KDP	D	-0.42%
ULTA	F	-0.4%
NVT	B	-0.39%
CL	D	-0.36%
BLK	C	-0.35%
LVS	C	-0.35%
CVS	D	-0.33%
APO	B	-0.32%
AMGN	D	-0.31%
GIS	D	-0.31%
PNC	B	-0.31%
TRU	D	-0.3%
NDAQ	A	-0.3%
AVY	D	-0.29%
NSC	B	-0.29%
MCO	B	-0.28%
FCX	D	-0.26%
ELV	F	-0.26%
LMT	D	-0.26%
GL	B	-0.26%
ORLY	B	-0.26%
SLB	C	-0.26%
DLTR	F	-0.25%
AIZ	A	-0.25%
NKE	D	-0.25%
SHW	A	-0.24%
PSX	C	-0.24%
ASML	F	-0.23%
DUK	C	-0.23%
K	A	-0.22%
EHC	B	-0.22%
SAIA	B	-0.21%
WCN	A	-0.21%
SRE	A	-0.2%
CHKP	D	-0.2%
J	F	-0.19%
AEP	D	-0.19%
BA	F	-0.19%
DGX	A	-0.19%
EFX	F	-0.18%
DXCM	D	-0.18%
CNC	D	-0.18%
STZ	D	-0.17%
EA	A	-0.17%
MOH	F	-0.17%
D	C	-0.17%
ADSK	A	-0.17%
VRSK	A	-0.17%
CEG	D	-0.17%
WMB	A	-0.16%
PEG	A	-0.16%
RSG	A	-0.16%
ECL	D	-0.16%
OKE	A	-0.16%
ETR	B	-0.16%
TKO	B	-0.15%
FCPT	C	-0.14%
CFG	B	-0.14%
ESI	A	-0.14%
WRBY	B	-0.14%
APD	A	-0.14%
LNT	A	-0.13%
LNG	B	-0.13%
AVTR	F	-0.13%
CDW	F	-0.13%
ENTG	D	-0.13%
IQV	D	-0.13%
IT	C	-0.13%
BLDR	D	-0.12%
MTCH	D	-0.12%
TW	A	-0.12%
BK	A	-0.12%
FE	C	-0.11%
STWD	C	-0.11%
ON	D	-0.1%
INVH	D	-0.1%
STLD	B	-0.1%
EQR	B	-0.09%
CNP	B	-0.09%
TRGP	B	-0.09%
UTZ	D	-0.08%
DTM	B	-0.08%
CCK	C	-0.08%
WIX	B	-0.08%
TOL	B	-0.07%
DTE	C	-0.07%
SMAR	A	-0.07%
GXO	B	-0.06%
WY	D	-0.06%
IONS	F	-0.05%
FBIN	D	-0.05%
BHP	F	-0.03%