JPSE vs. HSMV ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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

$50.74

Average Daily Volume

33,513

Number of Holdings ^*

529

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.09

Average Daily Volume

1,340

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	JPSE	HSMV
30 Days	5.92%	3.72%
60 Days	5.89%	5.02%
90 Days	6.96%	5.82%
12 Months	28.45%	26.13%

46 Overlapping Holdings

Symbol	Grade	Weight in JPSE	Weight in HSMV	Overlap
ABM	B	0.21%	0.36%	0.21%
AIN	C	0.12%	0.24%	0.12%
AVA	A	0.28%	0.76%	0.28%
AWR	B	0.2%	0.72%	0.2%
BCPC	B	0.3%	0.53%	0.3%
BKH	A	0.3%	0.9%	0.3%
BLKB	B	0.1%	0.41%	0.1%
CDP	C	0.29%	0.63%	0.29%
CNO	B	0.33%	0.44%	0.33%
COOP	B	0.31%	0.35%	0.31%
CPK	A	0.3%	0.67%	0.3%
CTRE	C	0.29%	1.54%	0.29%
CWT	C	0.19%	0.51%	0.19%
EFC	C	0.23%	0.76%	0.23%
ENR	B	0.28%	0.43%	0.28%
ENSG	C	0.28%	0.73%	0.28%
EPC	F	0.24%	0.49%	0.24%
EPRT	B	0.29%	0.65%	0.29%
ESNT	F	0.25%	0.67%	0.25%
EVTC	B	0.12%	0.28%	0.12%
FCPT	C	0.26%	0.86%	0.26%
FELE	B	0.31%	0.56%	0.31%
FSS	B	0.27%	0.24%	0.24%
GATX	A	0.26%	0.56%	0.26%
IDCC	B	0.39%	0.77%	0.39%
IOSP	C	0.27%	0.35%	0.27%
IRT	A	0.24%	0.23%	0.23%
JJSF	C	0.25%	0.31%	0.25%
KFY	B	0.16%	0.29%	0.16%
LANC	C	0.22%	0.46%	0.22%
LXP	D	0.18%	0.34%	0.18%
MMS	F	0.25%	0.89%	0.25%
NJR	A	0.29%	1.24%	0.29%
NMIH	C	0.23%	0.55%	0.23%
NWE	B	0.28%	1.13%	0.28%
OGS	A	0.31%	0.72%	0.31%
ONB	C	0.32%	0.31%	0.31%
ORA	B	0.21%	0.27%	0.21%
PBH	A	0.31%	0.76%	0.31%
PCH	F	0.24%	0.19%	0.19%
PECO	A	0.27%	0.74%	0.27%
PLXS	B	0.36%	0.27%	0.27%
POR	C	0.27%	1.07%	0.27%
PRGS	A	0.29%	0.58%	0.29%
RDN	D	0.27%	0.4%	0.27%
SBRA	C	0.29%	0.55%	0.29%

JPSE Overweight 483 Positions Relative to HSMV

Symbol	Grade	Weight
SMR	B	0.67%
GEO	B	0.55%
STRL	A	0.46%
CORT	B	0.43%
SFM	A	0.41%
CNX	A	0.4%
IDT	B	0.39%
MLI	B	0.39%
AIT	B	0.39%
CXW	C	0.39%
LUMN	C	0.39%
TPB	B	0.38%
TDS	B	0.38%
CALM	A	0.38%
CRS	B	0.38%
ENVA	B	0.36%
UEC	B	0.36%
PRDO	B	0.35%
KTB	B	0.35%
AROC	A	0.35%
LAUR	A	0.35%
JXN	C	0.35%
ACA	A	0.35%
CMC	B	0.34%
CENX	B	0.34%
MATX	C	0.34%
CRVL	B	0.33%
AGYS	A	0.33%
SKYW	C	0.33%
MAC	B	0.33%
ACLX	C	0.32%
HCC	B	0.32%
CEIX	A	0.32%
SLVM	B	0.32%
BCC	B	0.32%
BKE	B	0.32%
SKT	A	0.32%
UFPI	C	0.32%
TGNA	B	0.32%
CSWI	B	0.32%
TMHC	C	0.31%
FN	C	0.31%
CBT	D	0.31%
QTWO	A	0.31%
MC	C	0.31%
TILE	B	0.31%
UE	B	0.31%
AKR	B	0.31%
TTMI	C	0.31%
SIG	B	0.31%
BMI	B	0.31%
SLG	B	0.31%
AVNT	B	0.31%
GPI	B	0.31%
CPRX	C	0.3%
KRG	B	0.3%
UBSI	B	0.3%
ABCB	B	0.3%
WTS	B	0.3%
ANET	C	0.3%
LGND	C	0.3%
MMSI	A	0.3%
SEM	B	0.3%
NMRK	C	0.3%
LTC	B	0.29%
HQY	A	0.29%
SR	A	0.29%
CVLT	B	0.29%
CCOI	B	0.29%
ESRT	C	0.29%
SATS	D	0.29%
PATK	C	0.29%
ITGR	B	0.29%
LZB	B	0.29%
CWST	A	0.29%
AEIS	C	0.28%
MHO	D	0.28%
SM	B	0.28%
NOVT	D	0.28%
STC	B	0.28%
WDFC	B	0.28%
ALE	A	0.28%
SXC	A	0.28%
RHP	B	0.28%
HLNE	B	0.28%
WHD	B	0.28%
MGY	A	0.28%
OTTR	C	0.27%
PLAB	C	0.27%
PFSI	C	0.27%
SPSC	D	0.27%
AX	B	0.27%
MTX	B	0.27%
GMS	B	0.27%
INVA	D	0.27%
KBH	D	0.27%
SWX	B	0.26%
HLX	B	0.26%
BNL	D	0.26%
GSAT	C	0.26%
MTRN	C	0.26%
ARCH	B	0.26%
FDP	B	0.26%
CARG	B	0.26%
HNI	B	0.26%
NPO	A	0.26%
RDNT	B	0.26%
NHI	D	0.26%
BHE	C	0.26%
FUL	F	0.26%
MTH	D	0.26%
TRNO	F	0.25%
ROIC	A	0.25%
PDM	D	0.25%
SMPL	B	0.25%
HLIT	D	0.25%
VIAV	C	0.25%
INFN	D	0.25%
SXI	B	0.25%
EXTR	C	0.25%
SHO	D	0.25%
RYI	C	0.25%
DEI	B	0.25%
NWN	A	0.25%
YELP	C	0.25%
MGEE	B	0.25%
DHT	F	0.25%
ANDE	D	0.25%
TPH	D	0.24%
CRAI	C	0.24%
BTU	B	0.24%
SCVL	F	0.24%
FIZZ	C	0.24%
APOG	C	0.24%
WK	B	0.24%
NGVT	B	0.24%
UFPT	C	0.24%
KLIC	B	0.24%
HOMB	A	0.24%
IIPR	D	0.24%
SANM	B	0.24%
WTTR	A	0.24%
JOE	F	0.24%
IBP	D	0.24%
BDC	C	0.23%
ECVT	C	0.23%
CHX	C	0.23%
SWBI	C	0.23%
CABO	B	0.23%
AMR	C	0.23%
CDE	C	0.23%
APLE	B	0.23%
DGII	C	0.23%
SXT	C	0.23%
OFG	B	0.23%
ETD	C	0.23%
ESGR	B	0.22%
UTZ	D	0.22%
UVV	B	0.22%
COLL	F	0.22%
UCTT	D	0.22%
KALU	C	0.22%
SUPN	C	0.22%
NTB	B	0.22%
RLJ	C	0.22%
GPOR	B	0.22%
CTS	C	0.22%
AAT	B	0.22%
PLUS	F	0.21%
ADUS	D	0.21%
GRBK	D	0.21%
CRK	B	0.21%
HAE	C	0.21%
AMPH	F	0.21%
PI	D	0.21%
LNTH	D	0.21%
SCSC	C	0.21%
NSIT	F	0.21%
RMBS	B	0.21%
BDN	C	0.21%
CATY	B	0.21%
QLYS	B	0.21%
KOP	C	0.21%
ARCB	C	0.21%
WAFD	B	0.21%
HL	D	0.2%
SCS	C	0.2%
HWKN	B	0.2%
POWI	F	0.2%
GNW	A	0.2%
IBOC	B	0.2%
NTGR	B	0.2%
STNG	F	0.2%
CRC	A	0.2%
FORM	D	0.2%
DBRG	F	0.2%
OEC	C	0.2%
DRH	B	0.2%
SHOO	F	0.19%
LBRT	D	0.19%
INSW	F	0.19%
EQC	B	0.19%
WKC	C	0.19%
STRA	C	0.19%
GFF	A	0.19%
UNFI	A	0.19%
ASTH	F	0.19%
REX	D	0.19%
COHU	C	0.19%
XHR	B	0.19%
HASI	D	0.19%
WOR	F	0.19%
HLF	C	0.19%
IMKTA	C	0.19%
SCL	C	0.19%
KWR	C	0.19%
KNTK	A	0.18%
KLG	B	0.18%
ATEN	A	0.18%
ASO	F	0.18%
UPBD	B	0.18%
EAF	C	0.18%
HAYN	A	0.18%
LXU	B	0.18%
MUR	D	0.18%
OPCH	D	0.18%
HE	C	0.18%
TNET	F	0.18%
GEF	A	0.18%
AZZ	A	0.18%
VITL	D	0.18%
DVAX	C	0.18%
DEA	D	0.17%
APAM	B	0.17%
LILAK	D	0.17%
TROX	D	0.17%
LPG	F	0.17%
NBTB	B	0.17%
CNXN	C	0.17%
OUT	A	0.17%
AEO	F	0.17%
HOPE	C	0.17%
ALKS	C	0.17%
ATKR	D	0.17%
LADR	B	0.17%
DNOW	B	0.17%
EGHT	B	0.17%
FULT	A	0.17%
HWC	B	0.17%
NWBI	B	0.17%
MTUS	C	0.17%
ANIP	F	0.17%
DIOD	D	0.17%
EIG	B	0.17%
JBSS	F	0.17%
WGO	C	0.17%
AMSC	B	0.17%
PBF	D	0.17%
USPH	B	0.17%
URBN	C	0.17%
VCTR	B	0.16%
CSTM	F	0.16%
NAVI	F	0.16%
DOLE	D	0.16%
RYAM	C	0.16%
WMK	C	0.16%
MED	D	0.16%
NOG	B	0.16%
NTCT	C	0.16%
PMT	C	0.16%
VSH	F	0.16%
GTY	A	0.16%
FBP	C	0.16%
CMRE	C	0.16%
MGRC	B	0.16%
GOGO	C	0.15%
MATV	D	0.15%
WSR	A	0.15%
THS	D	0.15%
ALEX	B	0.15%
SGRY	F	0.15%
ACRE	B	0.15%
CNMD	C	0.15%
SJW	F	0.15%
CLW	F	0.15%
CENTA	C	0.15%
CLFD	F	0.15%
CSGS	B	0.15%
ASGN	F	0.15%
PEB	D	0.15%
EE	A	0.15%
RGR	F	0.14%
RDFN	D	0.14%
RNST	B	0.14%
SPTN	D	0.14%
SFNC	C	0.14%
MOG.A	B	0.14%
LCII	C	0.14%
WSBC	B	0.14%
YOU	D	0.14%
AUB	B	0.13%
FUBO	D	0.13%
ALRM	C	0.13%
FFBC	B	0.13%
SHEN	F	0.13%
MLKN	F	0.13%
HTH	C	0.13%
ABG	C	0.13%
CHEF	A	0.13%
PARR	F	0.13%
CALX	D	0.13%
BGS	F	0.13%
METC	C	0.13%
PTEN	C	0.13%
HVT	D	0.13%
ASIX	B	0.13%
INN	D	0.12%
ACCO	C	0.12%
UMBF	B	0.12%
ZEUS	C	0.12%
IVT	A	0.12%
ENS	F	0.12%
PRG	C	0.12%
ACT	C	0.12%
IPAR	B	0.12%
PBI	B	0.11%
BZH	C	0.11%
ASC	F	0.11%
SNEX	B	0.11%
CCS	D	0.11%
WT	A	0.11%
VREX	B	0.11%
COMM	D	0.11%
IGT	F	0.11%
MGPI	F	0.11%
EXPO	D	0.11%
CVI	F	0.11%
EXPI	D	0.11%
CNSL	C	0.1%
OMCL	C	0.1%
ARI	C	0.1%
SD	D	0.1%
SSTK	F	0.1%
HRMY	D	0.1%
OMI	F	0.1%
RDUS	B	0.1%
BXC	B	0.1%
OXM	F	0.1%
USNA	C	0.1%
MRC	B	0.1%
HAIN	D	0.1%
HOV	D	0.1%
OCFC	B	0.1%
NSP	F	0.1%
GNK	D	0.1%
BLMN	F	0.1%
PGRE	F	0.09%
NUS	D	0.09%
TRMK	C	0.09%
IPI	C	0.09%
ICHR	C	0.09%
EGY	D	0.09%
MSEX	C	0.09%
AGM	B	0.09%
ACLS	F	0.09%
PNTG	D	0.09%
XRX	F	0.09%
MOV	D	0.09%
PHIN	A	0.09%
RES	D	0.09%
CMCO	C	0.09%
CASH	B	0.09%
WNC	C	0.09%
HSII	B	0.08%
PRM	C	0.08%
FCF	B	0.08%
SAFT	B	0.08%
CSTL	D	0.08%
OSUR	F	0.08%
SLP	D	0.08%
CNS	B	0.08%
RUN	F	0.08%
DORM	B	0.08%
CHCO	B	0.07%
PSMT	D	0.07%
UNIT	B	0.07%
FRME	B	0.07%
DFIN	D	0.07%
BSIG	A	0.07%
FLNG	C	0.07%
NHC	C	0.07%
ARCT	F	0.07%
HUBG	A	0.07%
TRST	B	0.07%
SRCE	B	0.07%
CWK	C	0.07%
GIII	D	0.07%
THRM	F	0.07%
NEO	C	0.07%
BUSE	B	0.06%
CARS	C	0.06%
AHCO	F	0.06%
CHCT	C	0.06%
RBCAA	B	0.06%
MWA	B	0.06%
ZUMZ	B	0.06%
B	A	0.06%
USAP	B	0.06%
HI	C	0.06%
CTBI	B	0.06%
FLGT	F	0.06%
SWI	C	0.06%
RWT	D	0.06%
AMWD	C	0.06%
CWCO	C	0.06%
BRY	F	0.06%
MITK	C	0.05%
NAT	F	0.05%
HCSG	C	0.05%
SYNA	C	0.05%
NX	C	0.05%
ZYXI	D	0.05%
MEI	F	0.05%
AVNS	F	0.05%
NPK	B	0.05%
ANF	F	0.05%
KRO	C	0.05%
SVC	F	0.05%
PLL	C	0.05%
AVNW	F	0.05%
MYGN	F	0.05%
CCRN	F	0.04%
SCHL	F	0.04%
BANF	B	0.04%
GTN	F	0.04%
TH	C	0.04%
NATR	C	0.04%
WOW	C	0.04%
NR	B	0.04%
PDCO	F	0.04%
VRNT	C	0.04%
HMN	B	0.04%
ATEX	F	0.04%
RC	D	0.03%
IRWD	F	0.03%
AIV	C	0.03%
OSPN	A	0.03%
VNDA	C	0.03%
MXL	C	0.03%
CWH	B	0.03%
THFF	B	0.03%
STAA	F	0.03%
DXPE	C	0.03%
MYE	F	0.03%
CAL	F	0.03%
LFMD	D	0.03%
CSV	B	0.03%
GRWG	D	0.03%
GIC	D	0.02%
RGP	F	0.02%
CCSI	C	0.02%
VRTS	B	0.02%
LWLG	D	0.02%
TG	D	0.02%
MMI	C	0.02%
SRDX	B	0.02%
CIX	D	0.02%
AVD	C	0.02%
TRS	B	0.02%
AAOI	B	0.02%
PCRX	C	0.02%
HPP	F	0.01%
TRTX	C	0.01%
TBI	F	0.01%
BH	B	0.01%
TNC	D	0.01%
BOOM	F	0.01%
AOSL	C	0.01%
UNF	B	0.01%
ANIK	D	0.01%
RBBN	C	0.0%
ODP	F	0.0%
STHO	F	0.0%

JPSE Underweight 101 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	B	-2.09%
DTM	A	-2.06%
SEIC	B	-1.89%
ORI	A	-1.76%
IDA	A	-1.65%
INGR	C	-1.65%
OGE	A	-1.59%
POST	C	-1.56%
RLI	A	-1.42%
MSGS	A	-1.4%
ADC	A	-1.34%
DCI	B	-1.33%
CACI	D	-1.29%
FHI	B	-1.26%
AMH	C	-1.24%
AM	A	-1.21%
NFG	A	-1.18%
FLO	D	-1.17%
CHE	D	-1.16%
OHI	C	-1.08%
AFG	A	-1.08%
GGG	B	-1.06%
NNN	C	-1.01%
GNTX	C	-0.99%
GLPI	C	-0.99%
NYT	D	-0.95%
EHC	B	-0.9%
DLB	B	-0.85%
CBSH	B	-0.83%
ELS	C	-0.81%
MSA	F	-0.8%
EPR	C	-0.79%
PRI	B	-0.78%
LSTR	D	-0.76%
KBR	F	-0.75%
LOPE	C	-0.74%
SF	B	-0.72%
RPM	A	-0.68%
SLGN	A	-0.68%
RNR	C	-0.67%
CW	C	-0.67%
RGA	A	-0.67%
AGO	B	-0.67%
JHG	B	-0.66%
MDU	D	-0.64%
AMG	B	-0.63%
EGP	D	-0.63%
SCI	B	-0.62%
ACM	B	-0.57%
CHH	A	-0.56%
MTG	C	-0.55%
COLM	C	-0.55%
RS	B	-0.54%
FLS	B	-0.52%
FNF	B	-0.51%
AVT	C	-0.49%
FCN	F	-0.49%
BRX	A	-0.48%
BWXT	B	-0.48%
MUSA	B	-0.47%
JEF	A	-0.46%
PFGC	B	-0.45%
FR	D	-0.45%
CHDN	B	-0.45%
ARW	D	-0.45%
PB	B	-0.45%
MSM	C	-0.44%
LAMR	C	-0.43%
RYN	D	-0.42%
FAF	A	-0.4%
FNB	A	-0.38%
ITT	A	-0.38%
CLH	C	-0.38%
EXEL	B	-0.38%
ASH	F	-0.36%
GPK	C	-0.36%
BJ	A	-0.36%
G	B	-0.35%
SAIC	F	-0.35%
RGLD	C	-0.34%
EVR	B	-0.34%
LECO	C	-0.34%
JAZZ	B	-0.33%
CSL	C	-0.33%
MAN	F	-0.32%
KEX	B	-0.31%
AGCO	D	-0.31%
R	B	-0.3%
MTN	C	-0.29%
ALV	C	-0.29%
MIDD	C	-0.28%
OSK	C	-0.28%
CASY	A	-0.26%
LII	A	-0.26%
HRB	D	-0.26%
LFUS	D	-0.24%
CUBE	C	-0.24%
HXL	F	-0.22%
CRI	F	-0.21%
REXR	F	-0.2%
NSA	C	-0.13%