JMOM vs. FHEQ ETF Comparison

Comparison of JPMorgan U.S. Momentum Factor ETF (JMOM) to Fidelity Hedged Equity ETF (FHEQ)

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$60.97

Average Daily Volume

48,194

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	JMOM	FHEQ
30 Days	5.45%	2.51%
60 Days	7.40%	3.80%
90 Days	9.79%	4.54%
12 Months	41.42%

67 Overlapping Holdings

Symbol	Grade	Weight in JMOM	Weight in FHEQ	Overlap
AAPL	C	1.75%	7.31%	1.75%
ABBV	D	1.05%	1.0%	1.0%
ALL	A	0.35%	0.07%	0.07%
AMAT	F	0.66%	0.7%	0.66%
AMZN	C	0.64%	3.64%	0.64%
ANET	C	0.54%	0.08%	0.08%
AVGO	D	2.21%	1.49%	1.49%
AXP	A	0.72%	0.43%	0.43%
BAH	F	0.27%	0.09%	0.09%
BK	A	0.39%	0.36%	0.36%
BLD	D	0.15%	0.05%	0.05%
BRK.A	B	1.78%	2.19%	1.78%
CACI	D	0.24%	0.3%	0.24%
CAH	B	0.28%	0.4%	0.28%
CAT	B	0.81%	0.48%	0.48%
CL	D	0.38%	0.58%	0.38%
CMG	B	0.41%	0.49%	0.41%
COST	B	1.46%	0.45%	0.45%
CRM	B	1.26%	1.09%	1.09%
CRUS	D	0.15%	0.06%	0.06%
CTAS	B	0.44%	0.66%	0.44%
CVNA	B	0.4%	0.52%	0.4%
DASH	A	0.44%	0.12%	0.12%
ECL	D	0.38%	0.62%	0.38%
ETN	A	0.69%	0.15%	0.15%
FTI	A	0.24%	0.17%	0.17%
GAP	C	0.18%	0.18%	0.18%
GE	D	0.84%	0.45%	0.45%
GEN	B	0.26%	0.13%	0.13%
GOOGL	C	1.82%	2.02%	1.82%
HD	A	1.39%	1.32%	1.32%
HLT	A	0.4%	0.18%	0.18%
HWM	A	0.37%	0.27%	0.27%
KLAC	D	0.44%	0.54%	0.44%
KR	B	0.26%	0.11%	0.11%
LDOS	C	0.31%	0.32%	0.31%
LLY	F	1.57%	0.76%	0.76%
LRCX	F	0.44%	0.23%	0.23%
MEDP	D	0.18%	0.31%	0.18%
META	D	2.02%	2.87%	2.02%
MRK	F	0.17%	0.69%	0.17%
MSFT	F	1.85%	5.64%	1.85%
MSI	B	0.46%	0.26%	0.26%
MU	D	0.5%	0.47%	0.47%
NFLX	A	0.83%	1.26%	0.83%
NOW	A	0.9%	0.34%	0.34%
NVDA	C	2.48%	7.27%	2.48%
ORCL	B	0.94%	0.04%	0.04%
PCAR	B	0.37%	0.42%	0.37%
PG	A	0.19%	0.87%	0.19%
PGR	A	0.67%	0.63%	0.63%
PM	B	0.79%	0.92%	0.79%
QCOM	F	0.75%	0.84%	0.75%
RSG	A	0.32%	0.2%	0.2%
SCCO	F	0.2%	0.04%	0.04%
SPG	B	0.37%	0.16%	0.16%
T	A	0.22%	0.67%	0.22%
TJX	A	0.6%	0.73%	0.6%
TMO	F	0.79%	0.26%	0.26%
TMUS	B	0.59%	0.29%	0.29%
TT	A	0.51%	0.69%	0.51%
TXT	D	0.18%	0.51%	0.18%
UBER	D	0.57%	0.14%	0.14%
UNH	C	1.34%	0.57%	0.57%
UNM	A	0.17%	0.01%	0.01%
VST	B	0.49%	0.11%	0.11%
WM	A	0.47%	0.38%	0.38%

JMOM Overweight 204 Positions Relative to FHEQ

Symbol	Grade	Weight
APP	B	0.82%
IBM	C	0.8%
ISRG	A	0.8%
INTU	C	0.79%
TXN	C	0.78%
AMD	F	0.77%
PLTR	B	0.74%
BKNG	A	0.72%
MSTR	C	0.67%
SYK	C	0.62%
DHR	F	0.62%
PANW	C	0.6%
BSX	B	0.6%
COP	C	0.59%
VRTX	F	0.59%
KKR	A	0.55%
GS	A	0.54%
CB	C	0.52%
ADI	D	0.51%
CRWD	B	0.5%
PH	A	0.5%
MRVL	B	0.48%
APH	A	0.48%
SPOT	B	0.47%
MCK	B	0.47%
WELL	A	0.45%
WMB	A	0.44%
RCL	A	0.44%
COIN	C	0.44%
VRT	B	0.44%
AXON	A	0.43%
GD	F	0.43%
FICO	B	0.42%
CEG	D	0.42%
TDG	D	0.42%
AMP	A	0.41%
TTD	B	0.4%
URI	B	0.4%
GWW	B	0.39%
DLR	B	0.39%
GEV	B	0.39%
ORLY	B	0.39%
PWR	A	0.38%
AFL	B	0.36%
NU	C	0.36%
ROP	B	0.36%
AJG	B	0.36%
TRGP	B	0.36%
AZO	C	0.35%
MPC	D	0.35%
DELL	C	0.35%
PSX	C	0.35%
CBRE	B	0.34%
CPRT	A	0.34%
LOW	D	0.34%
IT	C	0.33%
COR	B	0.32%
GLW	B	0.32%
EME	C	0.32%
XPO	B	0.31%
ARES	A	0.31%
COHR	B	0.3%
GDDY	A	0.3%
DECK	A	0.29%
HUBB	B	0.29%
IRM	D	0.29%
CW	B	0.28%
ACGL	D	0.28%
PTC	A	0.28%
FANG	D	0.28%
ICE	C	0.28%
TYL	B	0.27%
HIG	B	0.27%
NRG	B	0.27%
BRO	B	0.27%
JEF	A	0.27%
ALSN	B	0.27%
PHM	D	0.26%
ZS	C	0.26%
EXP	A	0.26%
LII	A	0.26%
DTM	B	0.26%
VTR	C	0.26%
NTAP	C	0.26%
FFIV	B	0.26%
GWRE	A	0.26%
NTNX	A	0.26%
WDC	D	0.25%
MANH	D	0.25%
STLD	B	0.25%
IQV	D	0.25%
VLO	C	0.25%
USFD	A	0.25%
FI	A	0.25%
BWXT	B	0.24%
RGA	A	0.24%
EVR	B	0.24%
TOL	B	0.24%
IBKR	A	0.24%
CBOE	B	0.23%
PSN	D	0.23%
HEI	B	0.23%
SSNC	B	0.23%
THC	D	0.23%
CHD	B	0.23%
SAIC	F	0.22%
MPWR	F	0.22%
CASY	A	0.22%
FRPT	B	0.22%
NVT	B	0.22%
ED	D	0.21%
CNM	D	0.21%
INGR	B	0.21%
MOH	F	0.21%
TPX	B	0.21%
NI	A	0.21%
SN	D	0.2%
HCA	F	0.2%
HPQ	B	0.2%
LIN	D	0.2%
DKS	C	0.2%
R	B	0.2%
JNPR	F	0.2%
SO	D	0.19%
PSTG	D	0.19%
ONTO	D	0.19%
KD	B	0.19%
AM	A	0.19%
IFF	D	0.19%
UHS	D	0.19%
WSO	A	0.19%
TPR	B	0.19%
HPE	B	0.18%
POST	C	0.18%
AN	C	0.18%
WING	D	0.18%
DKNG	B	0.18%
KO	D	0.17%
WLK	D	0.16%
H	B	0.16%
DHI	D	0.16%
TSCO	D	0.15%
ROL	B	0.15%
CRBG	B	0.15%
AZEK	A	0.15%
MTSI	B	0.14%
ARMK	B	0.14%
LOPE	B	0.14%
TW	A	0.14%
JLL	D	0.13%
SNX	C	0.13%
BRBR	A	0.13%
EHC	B	0.13%
ORI	A	0.13%
TER	D	0.12%
PAG	B	0.12%
OHI	C	0.12%
RPM	A	0.12%
AVT	C	0.12%
SPB	C	0.11%
LPX	B	0.11%
SNPS	B	0.11%
MTG	C	0.1%
ESS	B	0.1%
VRSK	A	0.1%
PPC	C	0.1%
VKTX	F	0.1%
FE	C	0.1%
WFRD	D	0.1%
HRB	D	0.1%
VVV	F	0.09%
LAMR	D	0.09%
TPG	A	0.09%
VLTO	D	0.09%
ROIV	C	0.09%
HII	D	0.08%
INFA	D	0.08%
SMCI	F	0.08%
PRI	A	0.08%
COKE	C	0.08%
APPF	B	0.08%
AGO	B	0.07%
WSM	B	0.07%
RS	B	0.07%
OLED	D	0.07%
SRE	A	0.07%
PEG	A	0.06%
FYBR	D	0.06%
AWI	A	0.06%
AYI	B	0.06%
PNR	A	0.06%
NSA	D	0.05%
BSY	D	0.05%
FCNCA	A	0.05%
INVH	D	0.04%
CXT	B	0.04%
RYAN	B	0.04%
SLM	A	0.03%
BR	A	0.02%
ESTC	C	0.02%
TKR	D	0.01%
STAG	F	0.01%
MORN	B	0.0%
EQIX	A	0.0%

JMOM Underweight 101 Positions Relative to FHEQ

Symbol	Grade	Weight
JPM	A	-1.82%
GOOG	C	-1.74%
XOM	B	-1.54%
MA	C	-1.34%
TSLA	B	-1.26%
BAC	A	-1.17%
ADBE	C	-0.93%
CMCSA	B	-0.83%
WMT	A	-0.8%
CSCO	B	-0.79%
NEE	D	-0.73%
UNP	C	-0.73%
GILD	C	-0.73%
LMT	D	-0.69%
BMY	B	-0.68%
CI	F	-0.63%
JNJ	D	-0.61%
SQ	B	-0.59%
BDX	F	-0.59%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-0.56%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
PYPL	B	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
MMC	B	-0.52%
DBX	B	-0.51%
MSCI	C	-0.49%
TRV	B	-0.49%
ZBRA	B	-0.47%
V	A	-0.47%
IGT	F	-0.45%
ALLE	D	-0.44%
RTX	C	-0.44%
EOG	A	-0.43%
CSX	B	-0.43%
EXEL	B	-0.43%
ALRM	C	-0.4%
CME	A	-0.37%
TDC	D	-0.35%
PPG	F	-0.34%
ANF	C	-0.33%
NUE	C	-0.32%
GRMN	B	-0.31%
SKYW	B	-0.29%
SPGI	C	-0.28%
INCY	C	-0.27%
IDXX	F	-0.26%
NSC	B	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
AMGN	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
DOCU	A	-0.18%
VZ	C	-0.18%
GEHC	F	-0.17%
LNW	D	-0.17%
ADP	B	-0.16%
WDAY	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
WFC	A	-0.15%
VEEV	C	-0.12%
CINF	A	-0.12%
SOLV	C	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
ROST	C	-0.1%
PLTK	B	-0.1%
MKL	A	-0.09%
DOC	D	-0.08%
BCC	B	-0.07%
MDLZ	F	-0.07%
L	A	-0.07%
TENB	C	-0.06%
LYFT	C	-0.06%
UTHR	C	-0.05%
QGEN	D	-0.04%
LPLA	A	-0.03%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
NWL	B	-0.01%
OGE	B	-0.01%