JDOC vs. USMV ETF Comparison

Comparison of JPMorgan Healthcare Leaders ETF (JDOC) to iShares MSCI USA Minimum Volatility ETF (USMV)

JDOC

JPMorgan Healthcare Leaders ETF

JDOC Description

The fund will invest primarily in equity securities issued by pharmaceutical, biotechnology, healthcare services, healthcare technology, medical technology and life sciences companies which the adviser believes are leaders and where the magnitude and/or duration of future growth for these companies is underappreciated by the market. Under normal circumstances, the fund invests at least 80% of its assets in the equity securities of healthcare companies.

Grade (RS Rating)

Last Trade

$56.37

Average Daily Volume

615

Number of Holdings ^*

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.88

Average Daily Volume

1,656,770

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	JDOC	USMV
30 Days	-3.71%	3.16%
60 Days	-7.29%	3.21%
90 Days	-10.62%	4.20%
12 Months	10.54%	25.83%

16 Overlapping Holdings

Symbol	Grade	Weight in JDOC	Weight in USMV	Overlap
ABBV	D	4.44%	1.04%	1.04%
ALNY	D	0.18%	0.22%	0.18%
AMGN	D	0.73%	0.59%	0.59%
BMRN	F	0.29%	0.22%	0.22%
BMY	B	3.18%	0.49%	0.49%
CI	D	1.24%	0.21%	0.21%
HUM	C	0.35%	0.4%	0.35%
JNJ	D	2.39%	1.18%	1.18%
LLY	F	8.61%	1.25%	1.25%
MCK	C	3.02%	1.35%	1.35%
MDT	D	2.98%	0.13%	0.13%
MRK	F	1.6%	1.01%	1.01%
NBIX	C	0.42%	0.32%	0.32%
REGN	F	2.97%	0.59%	0.59%
UNH	B	9.31%	1.34%	1.34%
VRTX	D	2.59%	0.69%	0.69%

JDOC Overweight 33 Positions Relative to USMV

Symbol	Grade	Weight
DHR	D	4.05%
BSX	C	3.78%
SYK	C	3.25%
TMO	F	2.76%
ISRG	C	2.35%
HCA	F	1.47%
IQV	F	1.13%
EXAS	F	0.99%
NTRA	B	0.88%
DXCM	C	0.88%
ITCI	C	0.77%
A	D	0.71%
AGIO	B	0.69%
VEEV	B	0.67%
HALO	F	0.6%
BPMC	C	0.6%
SRPT	F	0.57%
RVMD	B	0.57%
WST	C	0.47%
TWST	C	0.44%
CNC	F	0.42%
ILMN	C	0.41%
ACHC	F	0.3%
INSP	D	0.3%
NVS	F	0.28%
IRTC	C	0.23%
BIIB	F	0.21%
APLS	D	0.15%
ARVN	F	0.14%
XENE	C	0.13%
EVH	F	0.12%
ASND	D	0.1%
IDXX	F	0.09%

JDOC Underweight 154 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	A	-1.95%
MSI	C	-1.81%
WMT	B	-1.78%
PGR	A	-1.67%
IBM	C	-1.66%
WCN	A	-1.56%
RSG	A	-1.55%
BRK.A	B	-1.55%
DUK	C	-1.49%
CSCO	A	-1.47%
CB	D	-1.47%
APH	B	-1.44%
WM	A	-1.44%
NOC	D	-1.43%
TXN	D	-1.39%
VZ	B	-1.35%
SO	D	-1.35%
MSFT	D	-1.34%
ORCL	C	-1.31%
ROP	B	-1.3%
ACN	B	-1.29%
AJG	A	-1.27%
MCD	D	-1.25%
PG	A	-1.23%
AVGO	D	-1.19%
TRV	B	-1.15%
ED	D	-1.13%
MMC	A	-1.11%
PEP	F	-1.01%
GDDY	B	-1.0%
AAPL	B	-0.99%
AZO	C	-0.98%
GILD	B	-0.94%
V	A	-0.9%
EA	C	-0.89%
FCNCA	B	-0.88%
CBOE	B	-0.85%
LMT	D	-0.82%
K	A	-0.8%
WEC	A	-0.78%
CTSH	B	-0.76%
NOW	B	-0.75%
T	A	-0.74%
TSN	B	-0.71%
MA	B	-0.7%
FI	A	-0.69%
ORLY	B	-0.68%
ACGL	D	-0.68%
COR	C	-0.67%
NVDA	C	-0.67%
GIS	D	-0.66%
VRSN	F	-0.64%
KR	A	-0.61%
FICO	B	-0.59%
KDP	D	-0.59%
TDY	B	-0.57%
BDX	F	-0.56%
KEYS	B	-0.55%
FANG	F	-0.55%
FFIV	A	-0.55%
MPC	F	-0.54%
INCY	C	-0.53%
AON	A	-0.53%
CME	A	-0.53%
PTC	A	-0.52%
ELV	F	-0.52%
YUM	B	-0.5%
XEL	A	-0.46%
NEM	F	-0.46%
UBER	D	-0.45%
JNPR	F	-0.45%
TJX	A	-0.45%
XOM	C	-0.45%
MDLZ	F	-0.44%
WDAY	C	-0.43%
EG	C	-0.43%
ERIE	D	-0.42%
VRSK	A	-0.42%
CL	D	-0.41%
CHD	B	-0.4%
BAH	F	-0.39%
CMCSA	C	-0.39%
AEP	D	-0.39%
AKAM	F	-0.39%
KHC	D	-0.38%
WTW	B	-0.38%
CTVA	B	-0.38%
ROL	B	-0.36%
IT	C	-0.35%
AFG	A	-0.35%
GEN	A	-0.35%
CDW	F	-0.35%
CVX	B	-0.34%
MKL	A	-0.34%
GRMN	A	-0.33%
CPB	D	-0.33%
AIZ	B	-0.32%
WMB	B	-0.31%
WRB	A	-0.31%
GLW	B	-0.31%
FWONK	A	-0.31%
HSY	F	-0.3%
HD	A	-0.3%
ANET	C	-0.29%
ICE	D	-0.28%
L	B	-0.28%
HON	B	-0.25%
AEE	A	-0.24%
HUBS	B	-0.24%
ADI	D	-0.23%
D	C	-0.23%
AZPN	A	-0.23%
NTAP	C	-0.22%
HRL	D	-0.21%
KMB	C	-0.21%
TW	B	-0.2%
DTE	C	-0.2%
PKG	B	-0.2%
PFE	D	-0.2%
DPZ	C	-0.19%
CRWD	B	-0.19%
CMS	C	-0.19%
CDNS	B	-0.18%
MELI	C	-0.18%
MOH	F	-0.18%
SNPS	B	-0.18%
EOG	C	-0.17%
HOLX	D	-0.16%
LIN	D	-0.16%
STX	D	-0.16%
GOOG	C	-0.16%
UTHR	C	-0.14%
AMZN	C	-0.14%
DELL	C	-0.12%
HIG	B	-0.12%
OXY	F	-0.12%
DGX	B	-0.11%
KO	D	-0.1%
LNT	A	-0.1%
RTX	D	-0.09%
ADP	B	-0.09%
ABT	B	-0.09%
OTIS	C	-0.07%
TEL	B	-0.07%
ATO	A	-0.06%
PSX	C	-0.06%
FSLR	F	-0.06%
KNX	B	-0.06%
VLO	C	-0.05%
BR	A	-0.05%
CRM	B	-0.05%
GD	F	-0.05%
ULTA	F	-0.04%
CVS	D	-0.04%