JFWD vs. FOVL ETF Comparison

Comparison of Jacob Funds Inc. Jacob Forward ETF (JFWD) to iShares Focused Value Factor ETF (FOVL)

JFWD

Jacob Funds Inc. Jacob Forward ETF

JFWD Description

The Jacob Forward ETF is an exchange-traded fund incorporated in the US. This fund seeks long-term growth of capital. The Fund seeks to achieve its investment objective by investing in common stocks and other equity securities of companies of all sizes. The Fund may have significant exposure to the information technology sector.

Grade (RS Rating)

Last Trade

$9.69

Average Daily Volume

1,142

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.24

Average Daily Volume

14,046

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JFWD	FOVL
30 Days	-11.03%	-5.05%
60 Days	-13.53%	-0.80%
90 Days	-2.94%	3.12%
12 Months	22.62%	21.46%

1 Overlapping Holdings

	Symbol	Grade	Weight in JFWD	Weight in FOVL	Overlap
	Z	F	2.78%	1.94%	1.94%

JFWD Overweight 36 Positions Relative to FOVL

Symbol	Grade	Weight
PRCH	D	6.31%
DKNG	C	5.51%
ATEC	D	5.37%
HRTX	D	4.53%
INSE	F	4.48%
SQ	D	4.2%
DOCS	F	3.98%
HROW	F	3.87%
ESPR	C	3.87%
OPRX	D	3.72%
TELA	F	3.68%
NET	C	3.68%
MDB	D	3.46%
KRYS	C	3.4%
IMMR	D	3.16%
INVE	F	2.82%
CDNA	C	2.58%
CFLT	F	2.45%
ATHM	D	2.13%
PHR	F	1.91%
TWLO	C	1.78%
SOFI	F	1.58%
IDYA	C	1.54%
HCP	A	1.47%
HUYA	A	1.37%
MOMO	C	1.34%
PI	A	1.17%
SMTC	A	1.15%
CDXS	C	1.11%
BRZE	F	1.08%
APLS	F	1.07%
ARCT	D	0.96%
APPS	F	0.85%
CRSP	F	0.76%
BEAM	F	0.52%
ZH	D	0.49%

JFWD Underweight 39 Positions Relative to FOVL

Symbol	Grade	Weight
TOL	B	-3.4%
PNFP	D	-3.29%
IBKR	A	-3.25%
BLDR	C	-3.12%
COF	A	-3.09%
JPM	A	-3.07%
SF	A	-3.01%
WTM	A	-2.97%
WLK	B	-2.87%
FHB	A	-2.83%
WBS	D	-2.77%
FYBR	C	-2.77%
SNV	C	-2.77%
AXS	C	-2.76%
ORI	A	-2.71%
FNB	B	-2.7%
JHG	C	-2.66%
KMI	A	-2.61%
CNA	B	-2.57%
LYB	C	-2.51%
PFG	C	-2.49%
NUE	D	-2.47%
CLF	F	-2.47%
DFS	B	-2.46%
T	B	-2.46%
AMG	C	-2.44%
HPE	D	-2.31%
THO	F	-2.31%
CUZ	B	-2.3%
LPX	D	-2.28%
AN	A	-2.28%
STT	C	-2.28%
AGR	B	-2.21%
PNW	A	-2.09%
ALK	B	-1.93%
LSXMK	F	-1.7%
SNDR	F	-1.69%
UNM	A	-1.44%
LLYVK	D	-0.65%