JPSE vs. FNDA ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) to Schwab Fundamental U.S. Small Company Index ETF (FNDA)

JPSE

JPMorgan Diversified Return U.S. Small Cap Equity ETF

JPSE Description

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 2000 Diversified Factor Index.

Grade (RS Rating)

Last Trade

$50.39

Average Daily Volume

33,513

Number of Holdings ^*

529

* may have additional holdings in another (foreign) market

FNDA

Schwab Fundamental U.S. Small Company Index ETF

FNDA Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Small Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

495,811

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

Performance

Period	JPSE	FNDA
30 Days	5.92%	5.80%
60 Days	5.89%	6.02%
90 Days	6.96%	6.78%
12 Months	28.45%	28.61%

404 Overlapping Holdings

Symbol	Grade	Weight in JPSE	Weight in FNDA	Overlap
AAT	B	0.22%	0.06%	0.06%
ABCB	B	0.3%	0.13%	0.13%
ACA	A	0.35%	0.19%	0.19%
ACCO	C	0.12%	0.05%	0.05%
ACLS	F	0.09%	0.03%	0.03%
ADUS	D	0.21%	0.05%	0.05%
AEIS	C	0.28%	0.11%	0.11%
AEO	F	0.17%	0.1%	0.1%
AGM	B	0.09%	0.03%	0.03%
AHCO	F	0.06%	0.02%	0.02%
AIN	C	0.12%	0.09%	0.09%
AIT	B	0.39%	0.28%	0.28%
AKR	B	0.31%	0.08%	0.08%
ALE	A	0.28%	0.17%	0.17%
ALEX	B	0.15%	0.09%	0.09%
ALKS	C	0.17%	0.02%	0.02%
ALRM	C	0.13%	0.04%	0.04%
AMPH	F	0.21%	0.0%	0.0%
AMR	C	0.23%	0.13%	0.13%
AMWD	C	0.06%	0.14%	0.06%
ANDE	D	0.25%	0.12%	0.12%
ANF	F	0.05%	0.34%	0.05%
AOSL	C	0.01%	0.0%	0.0%
APAM	B	0.17%	0.15%	0.15%
APLE	B	0.23%	0.17%	0.17%
APOG	C	0.24%	0.14%	0.14%
ARCB	C	0.21%	0.19%	0.19%
ARI	C	0.1%	0.08%	0.08%
AROC	A	0.35%	0.14%	0.14%
ASIX	B	0.13%	0.04%	0.04%
ASTH	F	0.19%	0.03%	0.03%
ATKR	D	0.17%	0.13%	0.13%
AUB	B	0.13%	0.07%	0.07%
AVA	A	0.28%	0.16%	0.16%
AVD	C	0.02%	0.01%	0.01%
AVNS	F	0.05%	0.02%	0.02%
AVNT	B	0.31%	0.22%	0.22%
AWR	B	0.2%	0.06%	0.06%
AX	B	0.27%	0.11%	0.11%
AZZ	A	0.18%	0.1%	0.1%
B	A	0.06%	0.16%	0.06%
BANF	B	0.04%	0.02%	0.02%
BCPC	B	0.3%	0.09%	0.09%
BDC	C	0.23%	0.17%	0.17%
BDN	C	0.21%	0.07%	0.07%
BGS	F	0.13%	0.03%	0.03%
BHE	C	0.26%	0.21%	0.21%
BKE	B	0.32%	0.1%	0.1%
BKH	A	0.3%	0.23%	0.23%
BLKB	B	0.1%	0.06%	0.06%
BLMN	F	0.1%	0.07%	0.07%
BMI	B	0.31%	0.07%	0.07%
BNL	D	0.26%	0.06%	0.06%
BRY	F	0.06%	0.02%	0.02%
BSIG	A	0.07%	0.07%	0.07%
BUSE	B	0.06%	0.06%	0.06%
BXC	B	0.1%	0.1%	0.1%
BZH	C	0.11%	0.04%	0.04%
CABO	B	0.23%	0.13%	0.13%
CAL	F	0.03%	0.06%	0.03%
CALM	A	0.38%	0.2%	0.2%
CALX	D	0.13%	0.02%	0.02%
CARG	B	0.26%	0.08%	0.08%
CARS	C	0.06%	0.04%	0.04%
CASH	B	0.09%	0.07%	0.07%
CATY	B	0.21%	0.17%	0.17%
CBT	D	0.31%	0.22%	0.22%
CCOI	B	0.29%	0.08%	0.08%
CCRN	F	0.04%	0.01%	0.01%
CCS	D	0.11%	0.19%	0.11%
CCSI	C	0.02%	0.02%	0.02%
CDE	C	0.23%	0.07%	0.07%
CDP	C	0.29%	0.14%	0.14%
CEIX	A	0.32%	0.15%	0.15%
CENTA	C	0.15%	0.09%	0.09%
CHCO	B	0.07%	0.05%	0.05%
CHEF	A	0.13%	0.05%	0.05%
CHX	C	0.23%	0.12%	0.12%
CLW	F	0.15%	0.02%	0.02%
CMCO	C	0.09%	0.05%	0.05%
CMRE	C	0.16%	0.03%	0.03%
CNMD	C	0.15%	0.05%	0.05%
CNS	B	0.08%	0.08%	0.08%
CNSL	C	0.1%	0.04%	0.04%
CNX	A	0.4%	0.17%	0.17%
CNXN	C	0.17%	0.09%	0.09%
COHU	C	0.19%	0.04%	0.04%
COMM	D	0.11%	0.1%	0.1%
COOP	B	0.31%	0.22%	0.22%
CORT	B	0.43%	0.1%	0.1%
CPK	A	0.3%	0.07%	0.07%
CRAI	C	0.24%	0.03%	0.03%
CRC	A	0.2%	0.19%	0.19%
CRK	B	0.21%	0.07%	0.07%
CRS	B	0.38%	0.25%	0.25%
CRVL	B	0.33%	0.0%	0.0%
CSGS	B	0.15%	0.09%	0.09%
CSTM	F	0.16%	0.04%	0.04%
CSV	B	0.03%	0.02%	0.02%
CSWI	B	0.32%	0.08%	0.08%
CTRE	C	0.29%	0.03%	0.03%
CTS	C	0.22%	0.06%	0.06%
CVI	F	0.11%	0.06%	0.06%
CVLT	B	0.29%	0.14%	0.14%
CWH	B	0.03%	0.06%	0.03%
CWK	C	0.07%	0.22%	0.07%
CWST	A	0.29%	0.06%	0.06%
CWT	C	0.19%	0.07%	0.07%
CXW	C	0.39%	0.28%	0.28%
DBRG	F	0.2%	0.18%	0.18%
DEA	D	0.17%	0.05%	0.05%
DEI	B	0.25%	0.22%	0.22%
DFIN	D	0.07%	0.06%	0.06%
DHT	F	0.25%	0.04%	0.04%
DIOD	D	0.17%	0.11%	0.11%
DNOW	B	0.17%	0.15%	0.15%
DOLE	D	0.16%	0.08%	0.08%
DORM	B	0.08%	0.13%	0.08%
DRH	B	0.2%	0.12%	0.12%
DXPE	C	0.03%	0.04%	0.03%
EAF	C	0.18%	0.06%	0.06%
ECVT	C	0.23%	0.06%	0.06%
EIG	B	0.17%	0.09%	0.09%
ENR	B	0.28%	0.1%	0.1%
ENS	F	0.12%	0.19%	0.12%
ENSG	C	0.28%	0.14%	0.14%
ENVA	B	0.36%	0.19%	0.19%
EPC	F	0.24%	0.11%	0.11%
EPRT	B	0.29%	0.05%	0.05%
ESGR	B	0.22%	0.05%	0.05%
ESNT	F	0.25%	0.15%	0.15%
ESRT	C	0.29%	0.09%	0.09%
ETD	C	0.23%	0.02%	0.02%
EVTC	B	0.12%	0.03%	0.03%
EXPI	D	0.11%	0.06%	0.06%
EXPO	D	0.11%	0.07%	0.07%
FBP	C	0.16%	0.06%	0.06%
FCF	B	0.08%	0.07%	0.07%
FCPT	C	0.26%	0.04%	0.04%
FDP	B	0.26%	0.23%	0.23%
FELE	B	0.31%	0.12%	0.12%
FFBC	B	0.13%	0.11%	0.11%
FIZZ	C	0.24%	0.02%	0.02%
FLGT	F	0.06%	0.01%	0.01%
FN	C	0.31%	0.11%	0.11%
FORM	D	0.2%	0.06%	0.06%
FRME	B	0.07%	0.09%	0.07%
FSS	B	0.27%	0.11%	0.11%
FUL	F	0.26%	0.17%	0.17%
FULT	A	0.17%	0.14%	0.14%
GATX	A	0.26%	0.22%	0.22%
GEF	A	0.18%	0.16%	0.16%
GEO	B	0.55%	0.42%	0.42%
GFF	A	0.19%	0.1%	0.1%
GIC	D	0.02%	0.0%	0.0%
GIII	D	0.07%	0.18%	0.07%
GMS	B	0.27%	0.21%	0.21%
GNK	D	0.1%	0.02%	0.02%
GRBK	D	0.21%	0.04%	0.04%
GTN	F	0.04%	0.04%	0.04%
GTY	A	0.16%	0.02%	0.02%
HAE	C	0.21%	0.1%	0.1%
HAIN	D	0.1%	0.04%	0.04%
HASI	D	0.19%	0.02%	0.02%
HAYN	A	0.18%	0.0%	0.0%
HCC	B	0.32%	0.27%	0.27%
HCSG	C	0.05%	0.06%	0.05%
HE	C	0.18%	0.14%	0.14%
HI	C	0.06%	0.11%	0.06%
HL	D	0.2%	0.08%	0.08%
HLF	C	0.19%	0.11%	0.11%
HLNE	B	0.28%	0.01%	0.01%
HLX	B	0.26%	0.07%	0.07%
HMN	B	0.04%	0.07%	0.04%
HNI	B	0.26%	0.18%	0.18%
HOMB	A	0.24%	0.1%	0.1%
HOPE	C	0.17%	0.12%	0.12%
HOV	D	0.1%	0.0%	0.0%
HPP	F	0.01%	0.11%	0.01%
HQY	A	0.29%	0.07%	0.07%
HSII	B	0.08%	0.03%	0.03%
HTH	C	0.13%	0.11%	0.11%
HVT	D	0.13%	0.02%	0.02%
HWC	B	0.17%	0.21%	0.17%
HWKN	B	0.2%	0.07%	0.07%
IBOC	B	0.2%	0.11%	0.11%
IBP	D	0.24%	0.09%	0.09%
ICHR	C	0.09%	0.05%	0.05%
IDCC	B	0.39%	0.13%	0.13%
IGT	F	0.11%	0.13%	0.11%
IIPR	D	0.24%	0.0%	0.0%
IMKTA	C	0.19%	0.18%	0.18%
INSW	F	0.19%	0.04%	0.04%
INVA	D	0.27%	0.04%	0.04%
IOSP	C	0.27%	0.13%	0.13%
IPAR	B	0.12%	0.04%	0.04%
IRT	A	0.24%	0.07%	0.07%
IRWD	F	0.03%	0.02%	0.02%
ITGR	B	0.29%	0.12%	0.12%
IVT	A	0.12%	0.04%	0.04%
JBSS	F	0.17%	0.04%	0.04%
JJSF	C	0.25%	0.07%	0.07%
KALU	C	0.22%	0.11%	0.11%
KFY	B	0.16%	0.21%	0.16%
KLG	B	0.18%	0.08%	0.08%
KLIC	B	0.24%	0.05%	0.05%
KOP	C	0.21%	0.07%	0.07%
KRG	B	0.3%	0.1%	0.1%
KTB	B	0.35%	0.15%	0.15%
KWR	C	0.19%	0.06%	0.06%
LADR	B	0.17%	0.07%	0.07%
LANC	C	0.22%	0.1%	0.1%
LAUR	A	0.35%	0.17%	0.17%
LBRT	D	0.19%	0.12%	0.12%
LCII	C	0.14%	0.19%	0.14%
LGND	C	0.3%	0.01%	0.01%
LILAK	D	0.17%	0.08%	0.08%
LPG	F	0.17%	0.03%	0.03%
LTC	B	0.29%	0.04%	0.04%
LXP	D	0.18%	0.08%	0.08%
LXU	B	0.18%	0.0%	0.0%
LZB	B	0.29%	0.15%	0.15%
MAC	B	0.33%	0.28%	0.28%
MATV	D	0.15%	0.03%	0.03%
MATX	C	0.34%	0.04%	0.04%
MC	C	0.31%	0.2%	0.2%
MED	D	0.16%	0.01%	0.01%
MEI	F	0.05%	0.01%	0.01%
MGEE	B	0.25%	0.1%	0.1%
MGPI	F	0.11%	0.0%	0.0%
MGRC	B	0.16%	0.09%	0.09%
MGY	A	0.28%	0.09%	0.09%
MHO	D	0.28%	0.25%	0.25%
MLKN	F	0.13%	0.14%	0.13%
MMI	C	0.02%	0.06%	0.02%
MMS	F	0.25%	0.11%	0.11%
MMSI	A	0.3%	0.09%	0.09%
MOG.A	B	0.14%	0.22%	0.14%
MOV	D	0.09%	0.01%	0.01%
MRC	B	0.1%	0.05%	0.05%
MTRN	C	0.26%	0.07%	0.07%
MTUS	C	0.17%	0.02%	0.02%
MTX	B	0.27%	0.15%	0.15%
MWA	B	0.06%	0.12%	0.06%
MXL	C	0.03%	0.03%	0.03%
MYE	F	0.03%	0.01%	0.01%
MYGN	F	0.05%	0.03%	0.03%
NBTB	B	0.17%	0.07%	0.07%
NGVT	B	0.24%	0.11%	0.11%
NHC	C	0.07%	0.1%	0.07%
NHI	D	0.26%	0.09%	0.09%
NJR	A	0.29%	0.17%	0.17%
NMIH	C	0.23%	0.07%	0.07%
NMRK	C	0.3%	0.14%	0.14%
NOG	B	0.16%	0.04%	0.04%
NOVT	D	0.28%	0.05%	0.05%
NPK	B	0.05%	0.02%	0.02%
NPO	A	0.26%	0.09%	0.09%
NR	B	0.04%	0.0%	0.0%
NSP	F	0.1%	0.07%	0.07%
NTB	B	0.22%	0.05%	0.05%
NTCT	C	0.16%	0.1%	0.1%
NTGR	B	0.2%	0.06%	0.06%
NUS	D	0.09%	0.03%	0.03%
NWBI	B	0.17%	0.08%	0.08%
NWE	B	0.28%	0.17%	0.17%
NWN	A	0.25%	0.08%	0.08%
NX	C	0.05%	0.07%	0.05%
OCFC	B	0.1%	0.02%	0.02%
OEC	C	0.2%	0.06%	0.06%
OFG	B	0.23%	0.04%	0.04%
OGS	A	0.31%	0.19%	0.19%
OMCL	C	0.1%	0.08%	0.08%
OMI	F	0.1%	0.14%	0.1%
ONB	C	0.32%	0.17%	0.17%
OPCH	D	0.18%	0.08%	0.08%
ORA	B	0.21%	0.09%	0.09%
OTTR	C	0.27%	0.09%	0.09%
OUT	A	0.17%	0.16%	0.16%
OXM	F	0.1%	0.06%	0.06%
PARR	F	0.13%	0.04%	0.04%
PATK	C	0.29%	0.18%	0.18%
PBH	A	0.31%	0.11%	0.11%
PBI	B	0.11%	0.09%	0.09%
PCH	F	0.24%	0.17%	0.17%
PCRX	C	0.02%	0.0%	0.0%
PDCO	F	0.04%	0.15%	0.04%
PDM	D	0.25%	0.09%	0.09%
PEB	D	0.15%	0.07%	0.07%
PECO	A	0.27%	0.11%	0.11%
PFSI	C	0.27%	0.16%	0.16%
PGRE	F	0.09%	0.06%	0.06%
PHIN	A	0.09%	0.17%	0.09%
PLAB	C	0.27%	0.07%	0.07%
PLUS	F	0.21%	0.11%	0.11%
PLXS	B	0.36%	0.24%	0.24%
PMT	C	0.16%	0.08%	0.08%
POWI	F	0.2%	0.08%	0.08%
PRDO	B	0.35%	0.09%	0.09%
PRG	C	0.12%	0.25%	0.12%
PRGS	A	0.29%	0.06%	0.06%
PRM	C	0.08%	0.01%	0.01%
PSMT	D	0.07%	0.17%	0.07%
PTEN	C	0.13%	0.16%	0.13%
QLYS	B	0.21%	0.07%	0.07%
RC	D	0.03%	0.03%	0.03%
RDN	D	0.27%	0.24%	0.24%
RDNT	B	0.26%	0.04%	0.04%
RDUS	B	0.1%	0.04%	0.04%
RES	D	0.09%	0.04%	0.04%
REX	D	0.19%	0.0%	0.0%
RGP	F	0.02%	0.01%	0.01%
RGR	F	0.14%	0.03%	0.03%
RHP	B	0.28%	0.09%	0.09%
RLJ	C	0.22%	0.12%	0.12%
RMBS	B	0.21%	0.03%	0.03%
RNST	B	0.14%	0.04%	0.04%
ROIC	A	0.25%	0.08%	0.08%
RUN	F	0.08%	0.02%	0.02%
RWT	D	0.06%	0.03%	0.03%
RYAM	C	0.16%	0.02%	0.02%
RYI	C	0.25%	0.13%	0.13%
SAFT	B	0.08%	0.08%	0.08%
SATS	D	0.29%	0.38%	0.29%
SBRA	C	0.29%	0.18%	0.18%
SCHL	F	0.04%	0.06%	0.04%
SCL	C	0.19%	0.13%	0.13%
SCS	C	0.2%	0.15%	0.15%
SCSC	C	0.21%	0.09%	0.09%
SCVL	F	0.24%	0.03%	0.03%
SEM	B	0.3%	0.22%	0.22%
SFNC	C	0.14%	0.16%	0.14%
SGRY	F	0.15%	0.03%	0.03%
SHEN	F	0.13%	0.02%	0.02%
SHO	D	0.25%	0.1%	0.1%
SHOO	F	0.19%	0.17%	0.17%
SIG	B	0.31%	0.23%	0.23%
SJW	F	0.15%	0.05%	0.05%
SKT	A	0.32%	0.11%	0.11%
SKYW	C	0.33%	0.24%	0.24%
SLG	B	0.31%	0.15%	0.15%
SLVM	B	0.32%	0.25%	0.25%
SMPL	B	0.25%	0.06%	0.06%
SNEX	B	0.11%	0.01%	0.01%
SPSC	D	0.27%	0.03%	0.03%
SR	A	0.29%	0.19%	0.19%
SRCE	B	0.07%	0.02%	0.02%
SSTK	F	0.1%	0.03%	0.03%
STC	B	0.28%	0.19%	0.19%
STNG	F	0.2%	0.03%	0.03%
STRA	C	0.19%	0.09%	0.09%
STRL	A	0.46%	0.11%	0.11%
SUPN	C	0.22%	0.05%	0.05%
SVC	F	0.05%	0.09%	0.05%
SWBI	C	0.23%	0.04%	0.04%
SWX	B	0.26%	0.26%	0.26%
SXC	A	0.28%	0.05%	0.05%
SXI	B	0.25%	0.07%	0.07%
SXT	C	0.23%	0.14%	0.14%
SYNA	C	0.05%	0.08%	0.05%
TBI	F	0.01%	0.02%	0.01%
THRM	F	0.07%	0.07%	0.07%
THS	D	0.15%	0.13%	0.13%
TILE	B	0.31%	0.07%	0.07%
TNC	D	0.01%	0.06%	0.01%
TNET	F	0.18%	0.11%	0.11%
TRMK	C	0.09%	0.11%	0.09%
TRNO	F	0.25%	0.05%	0.05%
TROX	D	0.17%	0.12%	0.12%
TRS	B	0.02%	0.06%	0.02%
TRTX	C	0.01%	0.03%	0.01%
TTMI	C	0.31%	0.22%	0.22%
UBSI	B	0.3%	0.19%	0.19%
UCTT	D	0.22%	0.08%	0.08%
UE	B	0.31%	0.1%	0.1%
UMBF	B	0.12%	0.17%	0.12%
UNF	B	0.01%	0.17%	0.01%
UNIT	B	0.07%	0.2%	0.07%
UPBD	B	0.18%	0.13%	0.13%
URBN	C	0.17%	0.18%	0.17%
USNA	C	0.1%	0.03%	0.03%
USPH	B	0.17%	0.01%	0.01%
UVV	B	0.22%	0.15%	0.15%
VCTR	B	0.16%	0.04%	0.04%
VIAV	C	0.25%	0.11%	0.11%
VREX	B	0.11%	0.01%	0.01%
VRNT	C	0.04%	0.03%	0.03%
VRTS	B	0.02%	0.05%	0.02%
VSH	F	0.16%	0.09%	0.09%
WAFD	B	0.21%	0.16%	0.16%
WDFC	B	0.28%	0.06%	0.06%
WGO	C	0.17%	0.17%	0.17%
WHD	B	0.28%	0.06%	0.06%
WMK	C	0.16%	0.18%	0.16%
WNC	C	0.09%	0.08%	0.08%
WOR	F	0.19%	0.08%	0.08%
WOW	C	0.04%	0.02%	0.02%
WSBC	B	0.14%	0.11%	0.11%
WTS	B	0.3%	0.14%	0.14%
WTTR	A	0.24%	0.03%	0.03%
XHR	B	0.19%	0.11%	0.11%
YELP	C	0.25%	0.14%	0.14%
ZEUS	C	0.12%	0.02%	0.02%
ZUMZ	B	0.06%	0.04%	0.04%

JPSE Overweight 125 Positions Relative to FNDA

Symbol	Grade	Weight
SMR	B	0.67%
SFM	A	0.41%
IDT	B	0.39%
MLI	B	0.39%
LUMN	C	0.39%
TPB	B	0.38%
TDS	B	0.38%
UEC	B	0.36%
JXN	C	0.35%
CMC	B	0.34%
CENX	B	0.34%
CNO	B	0.33%
AGYS	A	0.33%
ACLX	C	0.32%
BCC	B	0.32%
UFPI	C	0.32%
TGNA	B	0.32%
TMHC	C	0.31%
QTWO	A	0.31%
GPI	B	0.31%
CPRX	C	0.3%
ANET	C	0.3%
SM	B	0.28%
KBH	D	0.27%
POR	C	0.27%
GSAT	C	0.26%
ARCH	B	0.26%
MTH	D	0.26%
HLIT	D	0.25%
INFN	D	0.25%
EXTR	C	0.25%
TPH	D	0.24%
BTU	B	0.24%
WK	B	0.24%
UFPT	C	0.24%
SANM	B	0.24%
JOE	F	0.24%
EFC	C	0.23%
DGII	C	0.23%
UTZ	D	0.22%
COLL	F	0.22%
GPOR	B	0.22%
ABM	B	0.21%
PI	D	0.21%
LNTH	D	0.21%
NSIT	F	0.21%
GNW	A	0.2%
EQC	B	0.19%
WKC	C	0.19%
UNFI	A	0.19%
KNTK	A	0.18%
ATEN	A	0.18%
ASO	F	0.18%
MUR	D	0.18%
VITL	D	0.18%
DVAX	C	0.18%
EGHT	B	0.17%
ANIP	F	0.17%
AMSC	B	0.17%
PBF	D	0.17%
NAVI	F	0.16%
GOGO	C	0.15%
WSR	A	0.15%
ACRE	B	0.15%
CLFD	F	0.15%
ASGN	F	0.15%
EE	A	0.15%
RDFN	D	0.14%
SPTN	D	0.14%
YOU	D	0.14%
FUBO	D	0.13%
ABG	C	0.13%
METC	C	0.13%
INN	D	0.12%
ACT	C	0.12%
ASC	F	0.11%
WT	A	0.11%
SD	D	0.1%
HRMY	D	0.1%
IPI	C	0.09%
EGY	D	0.09%
MSEX	C	0.09%
PNTG	D	0.09%
XRX	F	0.09%
CSTL	D	0.08%
OSUR	F	0.08%
SLP	D	0.08%
FLNG	C	0.07%
ARCT	F	0.07%
HUBG	A	0.07%
TRST	B	0.07%
NEO	C	0.07%
CHCT	C	0.06%
RBCAA	B	0.06%
USAP	B	0.06%
CTBI	B	0.06%
SWI	C	0.06%
CWCO	C	0.06%
MITK	C	0.05%
NAT	F	0.05%
ZYXI	D	0.05%
KRO	C	0.05%
PLL	C	0.05%
AVNW	F	0.05%
TH	C	0.04%
NATR	C	0.04%
ATEX	F	0.04%
AIV	C	0.03%
OSPN	A	0.03%
VNDA	C	0.03%
THFF	B	0.03%
STAA	F	0.03%
LFMD	D	0.03%
GRWG	D	0.03%
LWLG	D	0.02%
TG	D	0.02%
SRDX	B	0.02%
CIX	D	0.02%
AAOI	B	0.02%
BH	B	0.01%
BOOM	F	0.01%
ANIK	D	0.01%
RBBN	C	0.0%
ODP	F	0.0%
STHO	F	0.0%

JPSE Underweight 592 Positions Relative to FNDA

Symbol	Grade	Weight
RCL	A	-0.45%
UAL	A	-0.42%
FICO	B	-0.36%
COIN	C	-0.34%
UTHR	C	-0.32%
SF	B	-0.31%
GME	C	-0.31%
APP	B	-0.3%
XPO	B	-0.3%
VSCO	C	-0.29%
BKU	A	-0.29%
FLS	B	-0.29%
HRI	C	-0.28%
WAL	B	-0.28%
KMPR	A	-0.28%
TXRH	B	-0.28%
WBS	A	-0.26%
OHI	C	-0.26%
CLH	C	-0.26%
BWXT	B	-0.26%
UAA	C	-0.25%
WWD	C	-0.25%
FIX	A	-0.25%
LITE	B	-0.25%
Z	A	-0.25%
GVA	A	-0.25%
VMI	B	-0.25%
PNFP	B	-0.24%
VRT	B	-0.24%
DY	D	-0.24%
SAIA	B	-0.24%
HEI	A	-0.24%
FRT	B	-0.23%
INCY	C	-0.23%
CFR	B	-0.23%
VLTO	C	-0.23%
WTFC	A	-0.23%
SPB	C	-0.23%
AWI	A	-0.23%
PB	B	-0.23%
LOPE	C	-0.23%
FNB	A	-0.23%
DTM	A	-0.23%
WH	B	-0.23%
GHC	B	-0.23%
ESI	B	-0.22%
KRC	B	-0.22%
SPOT	B	-0.22%
CR	A	-0.22%
VIRT	A	-0.22%
ZM	C	-0.22%
CADE	B	-0.22%
HIW	C	-0.21%
CRUS	D	-0.21%
FDS	B	-0.21%
PINC	B	-0.21%
ELAN	D	-0.21%
TPC	C	-0.21%
RXO	D	-0.21%
CBSH	B	-0.21%
IDA	A	-0.21%
BYD	B	-0.21%
ASB	B	-0.21%
PNM	B	-0.2%
TTEK	F	-0.2%
KEX	B	-0.2%
SBH	C	-0.2%
FHB	B	-0.2%
EXEL	B	-0.2%
TRN	B	-0.2%
SCCO	F	-0.2%
OZK	B	-0.2%
VLY	B	-0.2%
ELS	C	-0.2%
GBX	A	-0.2%
JBLU	F	-0.19%
TWLO	A	-0.19%
BIO	C	-0.19%
ATGE	B	-0.19%
FCN	F	-0.19%
EAT	A	-0.19%
DASH	B	-0.19%
NVST	B	-0.19%
ADTN	A	-0.19%
HP	C	-0.19%
CUZ	B	-0.19%
AGNC	C	-0.19%
SMG	C	-0.19%
COLB	B	-0.19%
MAT	D	-0.19%
KNF	B	-0.19%
HLI	A	-0.19%
WYNN	C	-0.18%
NYT	D	-0.18%
CUBE	C	-0.18%
AMH	C	-0.18%
RPRX	D	-0.18%
TPL	A	-0.18%
TEX	F	-0.18%
COLM	C	-0.18%
ACIW	B	-0.18%
KMT	B	-0.18%
VNT	C	-0.17%
HXL	F	-0.17%
SSD	F	-0.17%
VVV	D	-0.17%
NOW	A	-0.17%
SUM	B	-0.17%
WTM	A	-0.17%
MTDR	B	-0.17%
AMKR	D	-0.17%
VSTS	C	-0.17%
GBCI	B	-0.17%
SPR	D	-0.17%
ESAB	C	-0.17%
CSGP	D	-0.17%
ASH	F	-0.17%
SN	D	-0.17%
EEFT	B	-0.17%
LFUS	D	-0.17%
PIPR	A	-0.17%
RH	C	-0.16%
EBS	C	-0.16%
PLTR	B	-0.16%
SKY	A	-0.16%
COLD	D	-0.16%
SIGI	C	-0.16%
VEEV	C	-0.16%
OLLI	D	-0.16%
APO	B	-0.16%
ZD	B	-0.16%
GTES	A	-0.16%
MASI	B	-0.16%
VYX	B	-0.16%
LNW	F	-0.16%
AGO	B	-0.16%
ENTG	D	-0.16%
CBRL	C	-0.15%
CHDN	B	-0.15%
AGR	A	-0.15%
TCBI	C	-0.15%
GMED	A	-0.15%
FWRD	D	-0.15%
ROL	B	-0.15%
TNL	A	-0.15%
ARES	A	-0.15%
NOMD	D	-0.15%
MOD	A	-0.15%
LGIH	F	-0.15%
MTCH	D	-0.15%
WD	D	-0.15%
NNN	C	-0.15%
SITE	F	-0.15%
RYN	D	-0.14%
RRC	B	-0.14%
ICUI	D	-0.14%
EXLS	B	-0.14%
SNDR	B	-0.14%
VSTO	A	-0.14%
JAZZ	B	-0.14%
BOH	B	-0.14%
TDC	D	-0.14%
KAR	B	-0.14%
APG	B	-0.14%
TYL	B	-0.14%
H	B	-0.14%
MKTX	D	-0.14%
SLGN	A	-0.14%
MCY	A	-0.14%
BXMT	C	-0.14%
CNK	C	-0.14%
SLAB	F	-0.14%
TPG	A	-0.14%
CACC	D	-0.14%
PPC	C	-0.14%
NEU	D	-0.14%
CROX	D	-0.14%
BCO	F	-0.14%
CVCO	A	-0.14%
SAH	C	-0.14%
CGNX	D	-0.14%
ABNB	C	-0.13%
WMS	F	-0.13%
DNB	B	-0.13%
RNR	C	-0.13%
WEX	D	-0.13%
HELE	C	-0.13%
FND	D	-0.13%
HRB	D	-0.13%
RGLD	C	-0.13%
SMTC	B	-0.13%
DLB	B	-0.13%
RLI	A	-0.13%
EPR	C	-0.13%
PLNT	A	-0.13%
FTI	A	-0.13%
COKE	C	-0.13%
DBX	B	-0.13%
WEN	D	-0.13%
ITRI	C	-0.13%
PRIM	A	-0.12%
FSLR	F	-0.12%
CNM	D	-0.12%
ETSY	D	-0.12%
COMP	B	-0.12%
IAC	F	-0.12%
CHRD	D	-0.12%
AXS	A	-0.12%
HGV	C	-0.12%
WTRG	B	-0.12%
ECPG	C	-0.12%
HEES	C	-0.12%
PTC	B	-0.12%
VRSN	C	-0.12%
JELD	F	-0.12%
JBT	B	-0.12%
IPGP	D	-0.12%
AMED	F	-0.12%
MSM	C	-0.12%
JBGS	F	-0.12%
TREX	C	-0.12%
JWN	D	-0.12%
LRN	A	-0.12%
AIR	B	-0.12%
RIG	D	-0.12%
BANR	B	-0.12%
WWW	A	-0.12%
WDAY	B	-0.12%
BGC	C	-0.12%
FR	D	-0.11%
SASR	B	-0.11%
TECH	F	-0.11%
ENOV	C	-0.11%
PSN	D	-0.11%
STAG	D	-0.11%
CPNG	D	-0.11%
PPBI	C	-0.11%
MPWR	F	-0.11%
CIVI	D	-0.11%
MORN	B	-0.11%
BOKF	B	-0.11%
CRL	D	-0.11%
DDS	B	-0.11%
MANH	D	-0.11%
CBU	B	-0.11%
BFAM	D	-0.11%
FIBK	B	-0.11%
BLD	D	-0.11%
CHE	D	-0.11%
CVBF	A	-0.11%
FHI	B	-0.11%
MYRG	B	-0.11%
IBKR	A	-0.11%
AM	A	-0.1%
WSFS	B	-0.1%
BOOT	C	-0.1%
ABR	C	-0.1%
SIRI	C	-0.1%
WSC	F	-0.1%
HTLF	B	-0.1%
ACHC	F	-0.1%
FIVE	F	-0.1%
UCB	A	-0.1%
DHC	F	-0.1%
PFS	B	-0.1%
PAYC	B	-0.1%
SAM	C	-0.1%
SSB	B	-0.1%
CHH	A	-0.09%
LBRDK	C	-0.09%
ESE	B	-0.09%
AAON	B	-0.09%
FTDR	B	-0.09%
PINS	F	-0.09%
RNG	C	-0.09%
CWEN	C	-0.09%
RAMP	B	-0.09%
RBC	A	-0.09%
ROCK	C	-0.09%
ICFI	F	-0.09%
IBTX	B	-0.09%
FFIN	B	-0.09%
DXCM	C	-0.09%
OSIS	A	-0.09%
TW	A	-0.09%
INDB	B	-0.09%
JACK	C	-0.09%
VC	F	-0.09%
ROKU	D	-0.09%
BRKR	D	-0.09%
MSA	F	-0.09%
YETI	D	-0.08%
RRR	F	-0.08%
DLX	B	-0.08%
REVG	C	-0.08%
GOLF	B	-0.08%
MD	C	-0.08%
KFRC	D	-0.08%
ATI	C	-0.08%
IRDM	D	-0.08%
OII	B	-0.08%
TTD	B	-0.08%
KW	C	-0.08%
ALGT	B	-0.08%
PTON	A	-0.08%
EGP	D	-0.08%
KOS	D	-0.08%
BMRN	F	-0.08%
GO	C	-0.08%
TALO	C	-0.08%
CBZ	B	-0.08%
PRK	B	-0.08%
TOWN	B	-0.08%
KAI	B	-0.08%
AZEK	A	-0.08%
ALIT	C	-0.08%
PJT	A	-0.07%
CNA	C	-0.07%
HHH	B	-0.07%
CUBI	B	-0.07%
SMCI	F	-0.07%
SABR	C	-0.07%
ONTO	F	-0.07%
MRTN	D	-0.07%
BRC	D	-0.07%
EBC	B	-0.07%
EYE	C	-0.07%
GWRE	A	-0.07%
OLED	F	-0.07%
ROG	D	-0.07%
IART	C	-0.07%
OPEN	F	-0.07%
PR	B	-0.07%
PTVE	B	-0.07%
ADC	A	-0.07%
REXR	F	-0.07%
LYFT	C	-0.07%
ZWS	B	-0.07%
MRCY	C	-0.07%
GNL	F	-0.07%
AMN	F	-0.07%
CAKE	C	-0.07%
ALG	B	-0.07%
CXT	C	-0.07%
KN	B	-0.07%
ROAD	B	-0.07%
COTY	F	-0.06%
AXL	C	-0.06%
EPAC	C	-0.06%
GPRE	F	-0.06%
AGX	B	-0.06%
ENV	B	-0.06%
GTLS	A	-0.06%
GES	F	-0.06%
TOST	B	-0.06%
EMBC	C	-0.06%
TDOC	C	-0.06%
SEB	F	-0.06%
GCI	D	-0.06%
KTOS	B	-0.06%
GFS	C	-0.06%
REYN	D	-0.06%
MEDP	D	-0.06%
BSY	F	-0.06%
EFSC	B	-0.06%
TRIP	F	-0.06%
HURN	C	-0.06%
SONO	C	-0.06%
NNI	D	-0.06%
ATSG	B	-0.06%
VBTX	B	-0.06%
ELME	D	-0.06%
LGF.A	C	-0.06%
PLAY	D	-0.06%
KELYA	F	-0.06%
HALO	F	-0.06%
BKD	F	-0.06%
STBA	B	-0.06%
ERIE	D	-0.06%
NBIX	C	-0.06%
NSA	C	-0.06%
UIS	B	-0.05%
LIVN	F	-0.05%
CNDT	C	-0.05%
AAL	B	-0.05%
AY	A	-0.05%
HAYW	B	-0.05%
CODI	B	-0.05%
HTLD	C	-0.05%
VRRM	F	-0.05%
VSAT	F	-0.05%
VRE	B	-0.05%
FOXF	F	-0.05%
ALK	B	-0.05%
PODD	C	-0.05%
SNBR	F	-0.05%
FBNC	B	-0.05%
BRBR	A	-0.05%
CCO	C	-0.05%
AMRK	F	-0.05%
PSTG	D	-0.05%
MELI	C	-0.05%
BV	C	-0.05%
MODG	F	-0.05%
AMCX	C	-0.05%
SENEA	A	-0.04%
NVEE	F	-0.04%
PRA	C	-0.04%
ENPH	F	-0.04%
FBRT	D	-0.04%
PUMP	C	-0.04%
IHRT	B	-0.04%
CPS	C	-0.04%
GLOB	B	-0.04%
WFRD	D	-0.04%
SFL	D	-0.04%
GLNG	C	-0.04%
GCO	C	-0.04%
EXAS	D	-0.04%
SFBS	C	-0.04%
RGEN	D	-0.04%
AGRO	D	-0.04%
PEN	B	-0.04%
CMPR	D	-0.04%
VTLE	C	-0.04%
ZI	D	-0.04%
SNAP	D	-0.04%
PRAA	D	-0.04%
HLIO	B	-0.04%
WING	D	-0.04%
LNN	B	-0.04%
NBR	C	-0.04%
LSCC	D	-0.04%
W	D	-0.04%
HZO	F	-0.04%
NEOG	F	-0.04%
LKFN	C	-0.04%
CRGY	B	-0.04%
AZTA	D	-0.04%
CNXC	F	-0.04%
KNSL	B	-0.03%
DAC	C	-0.03%
XP	F	-0.03%
BBSI	B	-0.03%
WRLD	C	-0.03%
PAGS	F	-0.03%
CNNE	B	-0.03%
ZIMV	D	-0.03%
THRY	D	-0.03%
GDEN	B	-0.03%
VIR	D	-0.03%
CVGW	D	-0.03%
HMST	F	-0.03%
SBCF	B	-0.03%
TKO	A	-0.03%
PRLB	B	-0.03%
ILPT	F	-0.03%
UVE	B	-0.03%
PEGA	B	-0.03%
CPF	B	-0.03%
SBLK	F	-0.03%
DT	D	-0.03%
PRVA	C	-0.03%
MP	C	-0.03%
GLDD	B	-0.03%
RKT	F	-0.03%
AMC	C	-0.03%
CFFN	C	-0.03%
CBL	B	-0.03%
VAL	F	-0.03%
LEVI	F	-0.03%
CMTG	F	-0.03%
TSE	F	-0.03%
SMP	C	-0.03%
USM	B	-0.03%
STEP	C	-0.03%
MNRO	D	-0.03%
SNOW	B	-0.03%
LYV	A	-0.03%
NVRI	D	-0.03%
EGBN	B	-0.03%
ASTE	C	-0.03%
VSEC	C	-0.03%
PZZA	F	-0.03%
PLCE	C	-0.02%
ARKO	C	-0.02%
CTRN	F	-0.02%
CLDT	B	-0.02%
CLOV	D	-0.02%
AMBC	C	-0.02%
CLVT	D	-0.02%
ALTO	F	-0.02%
BRSP	C	-0.02%
KRNY	C	-0.02%
CMP	C	-0.02%
DAY	B	-0.02%
ARCO	F	-0.02%
DHIL	B	-0.02%
DBI	F	-0.02%
TEN	F	-0.02%
OPK	C	-0.02%
CSR	B	-0.02%
KREF	C	-0.02%
EDR	A	-0.02%
CLB	B	-0.02%
WABC	B	-0.02%
AVO	C	-0.02%
HFWA	C	-0.02%
MTW	C	-0.02%
EBF	F	-0.02%
MERC	F	-0.02%
XPRO	D	-0.02%
CNOB	B	-0.02%
WASH	C	-0.02%
TMP	B	-0.02%
SHYF	C	-0.02%
TCBK	C	-0.02%
UFCS	A	-0.02%
UTL	B	-0.02%
HAFC	B	-0.02%
MATW	C	-0.02%
BJRI	C	-0.02%
STNE	F	-0.02%
WMG	D	-0.02%
PFC	B	-0.02%
EVRI	A	-0.02%
DCO	C	-0.02%
BRKL	B	-0.02%
WOOF	D	-0.02%
GDOT	D	-0.02%
OKTA	C	-0.02%
SBSI	C	-0.02%
SFIX	B	-0.02%
VTOL	B	-0.01%
IIIN	C	-0.01%
RILY	F	-0.01%
NBHC	C	-0.01%
LESL	D	-0.01%
FBK	C	-0.01%
GPRO	F	-0.01%
MBUU	B	-0.01%
BHLB	B	-0.01%
PKST	F	-0.01%
KE	C	-0.01%
JRVR	F	-0.01%
GSL	F	-0.01%
AMSF	B	-0.01%
SSP	F	-0.01%
SRI	F	-0.01%
MODV	C	-0.01%
ATNI	F	-0.01%
NU	C	-0.01%
CRMT	D	-0.01%
BMBL	C	-0.01%
PETS	C	-0.01%
CENT	C	-0.01%
GPMT	C	-0.01%
TPIC	F	-0.01%
OPI	F	-0.01%
IRBT	F	-0.01%
DENN	D	-0.01%
SSYS	B	-0.01%
AGL	F	-0.01%
DIN	C	-0.01%
WOLF	F	-0.01%
TITN	C	-0.01%
OIS	B	-0.01%
FLWS	D	-0.01%
PLOW	D	-0.01%
CHGG	C	-0.0%
EVH	F	-0.0%
ALGM	D	-0.0%
TWI	F	-0.0%
SEG	B	-0.0%
HY	D	-0.0%
WTI	F	-0.0%
GSM	D	-0.0%
CRNC	C	-0.0%
SPWH	F	-0.0%
DNUT	F	-0.0%
ONEW	F	-0.0%
THR	B	-0.0%
INMD	C	-0.0%
TTEC	F	-0.0%
MSBI	B	-0.0%
AMRC	F	-0.0%
CMTL	F	-0.0%
SEDG	F	-0.0%
PEBO	B	-0.0%
TBBK	B	-0.0%
NIC	B	-0.0%
PFBC	B	-0.0%