JPEF vs. DIVL ETF Comparison

Comparison of JPMorgan Equity Focus ETF (JPEF) to Madison Dividend Value ETF (DIVL)

JPEF

JPMorgan Equity Focus ETF

JPEF Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities. "Assets" means net assets, plus the amount of borrowings for investment purposes. In implementing its main strategies, the fund invests primarily in common stocks and real estate investment trusts (REITs), but it may also invest up to 20% of its total assets in common stocks of foreign companies, including depositary receipts.

Grade (RS Rating)

Last Trade

$68.69

Average Daily Volume

92,164

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVL

Madison Dividend Value ETF

DIVL Description

The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities. The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.

Grade (RS Rating)

Last Trade

$22.80

Average Daily Volume

2,584

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPEF	DIVL
30 Days	3.48%	4.01%
60 Days	4.93%	5.74%
90 Days	7.06%	7.13%
12 Months	36.93%	22.95%

7 Overlapping Holdings

Symbol	Grade	Weight in JPEF	Weight in DIVL	Overlap
BAC	A	2.51%	2.61%	2.51%
EOG	C	2.87%	3.17%	2.87%
HD	A	2.11%	3.83%	2.11%
HON	B	2.13%	3.92%	2.13%
MS	B	2.3%	4.78%	2.3%
NEE	D	2.05%	2.69%	2.05%
PG	A	2.43%	1.41%	1.41%

JPEF Overweight 33 Positions Relative to DIVL

Symbol	Grade	Weight
NVDA	C	6.36%
MSFT	D	6.29%
AMZN	C	5.88%
META	D	4.52%
AAPL	B	3.5%
KMI	B	3.38%
COF	B	3.15%
BRK.A	B	2.96%
AVGO	D	2.83%
L	B	2.79%
MTB	B	2.77%
TT	B	2.54%
MA	B	2.44%
MCD	D	2.26%
PANW	C	2.15%
UNH	B	2.15%
PSA	C	2.13%
GOOG	C	2.06%
INTU	C	2.01%
PWR	A	1.81%
REG	B	1.79%
ADI	D	1.7%
LLY	F	1.66%
ISRG	C	1.6%
REGN	F	1.54%
PKG	B	1.49%
BKNG	B	1.43%
MLM	B	1.37%
TJX	A	1.21%
TMO	F	1.21%
EL	F	0.94%
JBHT	C	0.89%
LRCX	F	0.42%

JPEF Underweight 29 Positions Relative to DIVL

Symbol	Grade	Weight
FAST	B	-4.53%
ADP	B	-4.51%
BLK	C	-3.99%
TXN	D	-3.85%
ABBV	D	-3.54%
JPM	B	-3.52%
LOW	C	-3.29%
CVX	B	-3.1%
CMCSA	C	-2.82%
JNJ	D	-2.77%
UNP	C	-2.74%
HPE	B	-2.65%
MDT	D	-2.64%
CME	A	-2.63%
AMT	D	-2.58%
COP	D	-2.57%
USB	A	-2.54%
MKC	D	-2.35%
APD	A	-2.29%
D	C	-2.28%
CMI	A	-2.16%
DGX	B	-2.02%
XOM	C	-1.91%
NKE	F	-1.36%
PEP	F	-1.32%
ABT	B	-1.25%
DE	B	-1.14%
PAYX	B	-1.13%
CL	D	-0.99%