JPST vs. FDFF ETF Comparison

Comparison of JPMorgan Ultra-Short Income ETF (JPST) to Fidelity Disruptive Finance ETF (FDFF)

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.50

Average Daily Volume

5,203,416

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

FDFF

Fidelity Disruptive Finance ETF

FDFF Description

The fund normally invests at least 80% of assets in securities of disruptive finance companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.70

Average Daily Volume

2,380

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPST	FDFF
30 Days	0.25%	9.01%
60 Days	0.46%	14.00%
90 Days	1.07%	16.82%
12 Months	5.96%	43.70%

4 Overlapping Holdings

Symbol	Grade	Weight in JPST	Weight in FDFF	Overlap
ARES	A	0.03%	1.34%	0.03%
CASH	B	2.2%	1.15%	1.15%
COF	C	0.04%	5.03%	0.04%
ICE	C	0.01%	2.9%	0.01%

JPST Overweight 107 Positions Relative to FDFF

Symbol	Grade	Weight
TMO	F	0.74%
AZN	F	0.57%
EQH	C	0.35%
KDP	F	0.31%
CCEP	C	0.3%
ATO	A	0.3%
MCD	D	0.29%
LDOS	C	0.26%
BXMT	C	0.25%
SNX	D	0.23%
TDY	B	0.22%
HART	D	0.19%
BA	F	0.18%
D	C	0.17%
OGS	A	0.17%
VZ	C	0.16%
ETR	B	0.16%
T	A	0.14%
CNP	A	0.14%
GILD	C	0.13%
DB	D	0.13%
CAG	F	0.13%
AAPL	C	0.12%
SO	C	0.11%
WFC	A	0.11%
VTRS	A	0.1%
GM	C	0.1%
FITB	B	0.1%
HUM	C	0.09%
WEC	A	0.09%
MLM	C	0.09%
JBHT	C	0.09%
IFF	D	0.08%
STT	B	0.08%
DT	D	0.08%
CI	D	0.08%
NEM	D	0.08%
DUK	C	0.08%
KR	B	0.07%
CFG	B	0.07%
BX	A	0.07%
HSBC	A	0.07%
SBUX	A	0.06%
BG	D	0.06%
ACR	A	0.06%
SEB	F	0.06%
XOM	B	0.06%
AEP	C	0.05%
MS	A	0.05%
AL	B	0.05%
BHF	C	0.04%
ORCL	A	0.04%
KKR	A	0.04%
MDLZ	F	0.04%
ABBV	F	0.04%
PL	B	0.04%
CHD	A	0.03%
R	B	0.03%
ROP	B	0.03%
NEE	C	0.03%
BCC	B	0.03%
BMO	A	0.03%
HON	C	0.02%
WLK	D	0.02%
MSC	D	0.02%
ETN	A	0.02%
AZO	C	0.02%
GSK	F	0.02%
DIS	B	0.02%
AER	A	0.02%
BNS	A	0.02%
EPD	A	0.01%
ABT	B	0.01%
PFE	F	0.01%
IBM	C	0.01%
MCO	B	0.01%
DHR	F	0.01%
CSL	C	0.01%
BMY	B	0.01%
PSX	C	0.01%
SCHW	B	0.01%
PNC	B	0.01%
BK	A	0.01%
UNH	B	0.01%
MMM	D	0.01%
AXP	A	0.01%
CAT	B	0.01%
PM	B	0.01%
HBAN	A	0.01%
ES	C	0.01%
JXN	C	0.01%
MET	A	0.01%
UBS	B	0.01%
BAC	A	0.01%
RY	A	0.01%
TFC	A	0.01%
DE	B	0.01%
KEY	B	0.01%
MUFG	B	0.01%
GS	A	0.01%
NWG	A	0.01%
TD	D	0.01%
PFG	D	0.01%
CM	A	0.01%
USB	A	0.01%
C	A	0.01%
AIG	B	0.01%

JPST Underweight 29 Positions Relative to FDFF

Symbol	Grade	Weight
BLK	B	-5.78%
APO	B	-5.71%
V	A	-5.36%
MA	B	-5.06%
FLYW	B	-4.39%
MSTR	B	-3.84%
EFX	F	-3.33%
TOST	B	-2.83%
SQ	A	-2.07%
OWL	A	-2.06%
DLO	C	-2.0%
COIN	C	-2.0%
FI	A	-1.83%
TW	A	-1.48%
CBOE	C	-1.47%
NRDS	C	-1.38%
MKTX	D	-1.16%
VRSK	A	-1.1%
NU	C	-1.09%
MSCI	C	-1.06%
BILL	A	-1.03%
VIRT	A	-0.99%
PFSI	C	-0.96%
AMH	C	-0.9%
FOUR	A	-0.89%
ALLY	C	-0.85%
MELI	C	-0.81%
RPAY	D	-0.68%
UWMC	D	-0.59%