JPST vs. QABA ETF Comparison

Comparison of JPMorgan Ultra-Short Income ETF (JPST) to First Trust NASDAQ ABA Community Bank Index Fund (QABA)

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

$50.22

Average Daily Volume

3,872,113

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

QABA

First Trust NASDAQ ABA Community Bank Index Fund

QABA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S.banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.82

Average Daily Volume

23,222

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	JPST	QABA
30 Days	-0.02%	-1.92%
60 Days	0.40%	0.46%
90 Days	0.71%	-2.31%
12 Months	2.76%	24.15%

1 Overlapping Holdings

	Symbol	Grade	Weight in JPST	Weight in QABA	Overlap
	CASH	B	2.2%	0.8%	0.8%

JPST Overweight 111 Positions Relative to QABA

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

JPST Underweight 122 Positions Relative to QABA

Symbol	Grade	Weight
CBSH	A	-4.42%
WTFC	C	-3.79%
OZK	A	-3.22%
UBSI	D	-2.88%
FFIN	D	-2.69%
UMBF	B	-2.52%
HWC	A	-2.45%
IBOC	A	-2.16%
TFSL	B	-2.13%
ABCB	A	-2.04%
UCBI	B	-1.93%
BANF	A	-1.88%
TCBI	D	-1.76%
FHB	A	-1.73%
FIBK	A	-1.7%
WSFS	A	-1.67%
CATY	F	-1.57%
FULT	A	-1.56%
CVBF	D	-1.47%
SFNC	D	-1.46%
INDB	B	-1.37%
PPBI	D	-1.34%
FFBC	A	-1.33%
TOWN	B	-1.29%
FRME	A	-1.27%
SBCF	D	-1.26%
TBBK	F	-1.14%
WAFD	D	-1.14%
CLBK	F	-1.09%
MBIN	B	-1.07%
WSBC	D	-1.06%
NBTB	A	-1.05%
TRMK	A	-1.04%
IBTX	F	-1.03%
LKFN	C	-1.01%
BANR	D	-0.98%
HTLF	A	-0.95%
CHCO	A	-0.95%
EFSC	D	-0.91%
FBNC	D	-0.87%
NWBI	D	-0.86%
SYBT	A	-0.83%
HOPE	D	-0.82%
WABC	A	-0.79%
BUSE	B	-0.79%
SRCE	B	-0.77%
STBA	B	-0.74%
TCBK	A	-0.72%
VBTX	B	-0.7%
PFBC	A	-0.66%
PEBO	A	-0.64%
QCRH	D	-0.61%
GABC	C	-0.61%
SASR	D	-0.61%
OCFC	F	-0.56%
SBSI	D	-0.53%
RBCAA	A	-0.53%
BRKL	F	-0.52%
BFC	D	-0.5%
FBMS	F	-0.49%
CTBI	A	-0.48%
FMBH	A	-0.47%
DCOM	B	-0.47%
CNOB	F	-0.46%
PFC	A	-0.45%
CFFN	D	-0.44%
AMAL	A	-0.43%
EGBN	F	-0.41%
OSBC	B	-0.4%
HFWA	C	-0.4%
GSBC	B	-0.39%
FCBC	A	-0.38%
CFB	C	-0.38%
MBWM	B	-0.37%
HBT	C	-0.37%
CASS	C	-0.36%
UVSP	A	-0.36%
CCB	B	-0.34%
BFST	D	-0.34%
IBCP	A	-0.33%
TRST	C	-0.33%
HBNC	B	-0.33%
MSBI	D	-0.32%
HTBK	D	-0.31%
HAFC	B	-0.29%
FMNB	D	-0.29%
SMBC	F	-0.29%
PGC	F	-0.28%
CAC	C	-0.28%
WASH	B	-0.28%
HONE	A	-0.28%
CCBG	D	-0.28%
SPFI	B	-0.27%
THFF	D	-0.27%
HTBI	B	-0.27%
NBN	B	-0.26%
BHRB	D	-0.25%
CCNE	D	-0.25%
ESQ	C	-0.24%
AROW	C	-0.24%
NFBK	D	-0.24%
HIFS	B	-0.23%
KRNY	F	-0.23%
SHBI	D	-0.22%
FFIC	F	-0.22%
MOFG	D	-0.21%
BWB	B	-0.21%
MPB	B	-0.21%
RBB	A	-0.21%
NEWT	F	-0.17%
FRST	F	-0.17%
FISI	D	-0.17%
PFIS	D	-0.17%
BMRC	F	-0.16%
NRIM	B	-0.16%
CARE	C	-0.16%
WSBF	B	-0.15%
FLIC	F	-0.15%
NECB	A	-0.14%
OVLY	B	-0.13%
CZFS	F	-0.13%
BLFY	D	-0.13%