JPUS vs. FFSM ETF Comparison

Comparison of JPMorgan Diversified Return U.S. Equity ETF (JPUS) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$122.50

Average Daily Volume

6,905

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

28,472

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

Performance

Period	JPUS	FFSM
30 Days	2.72%	7.11%
60 Days	2.86%	5.92%
90 Days	5.12%	6.92%
12 Months	27.89%	35.08%

32 Overlapping Holdings

Symbol	Grade	Weight in JPUS	Weight in FFSM	Overlap
ACGL	D	0.31%	1.45%	0.31%
AFG	A	0.06%	0.49%	0.06%
ALSN	B	0.42%	0.76%	0.42%
BLDR	D	0.34%	0.46%	0.34%
CACI	D	0.14%	1.06%	0.14%
CAH	B	0.36%	0.36%	0.36%
CIEN	B	0.52%	0.53%	0.52%
CNM	D	0.21%	0.47%	0.21%
DFS	B	0.13%	0.89%	0.13%
DKS	C	0.36%	0.84%	0.36%
DOX	D	0.24%	0.92%	0.24%
ESI	A	0.3%	0.54%	0.3%
EXP	A	0.21%	1.44%	0.21%
FCNCA	A	0.43%	0.63%	0.43%
HOLX	D	0.28%	0.56%	0.28%
IP	B	0.46%	0.37%	0.37%
ITT	A	0.24%	1.2%	0.24%
JLL	D	0.41%	1.1%	0.41%
LNG	B	0.34%	0.9%	0.34%
LPX	B	0.08%	0.65%	0.08%
MEDP	D	0.19%	0.57%	0.19%
MOH	F	0.14%	1.1%	0.14%
NXST	C	0.36%	0.75%	0.36%
OLN	D	0.26%	0.45%	0.26%
ORI	A	0.3%	0.96%	0.3%
PFGC	B	0.46%	1.16%	0.46%
RGA	A	0.17%	0.76%	0.17%
SNX	C	0.24%	0.95%	0.24%
STLD	B	0.38%	0.01%	0.01%
UHS	D	0.33%	1.5%	0.33%
USFD	A	0.44%	1.16%	0.44%
VTR	C	0.25%	0.76%	0.25%

JPUS Overweight 323 Positions Relative to FFSM

Symbol	Grade	Weight
VST	B	0.64%
SYF	B	0.52%
UNM	A	0.51%
TRGP	B	0.5%
KMI	A	0.48%
ANET	C	0.47%
TMUS	B	0.47%
NRG	B	0.46%
ETR	B	0.46%
PWR	A	0.46%
MCK	B	0.46%
COF	B	0.45%
NVDA	C	0.45%
ETN	A	0.43%
TAP	C	0.43%
KR	B	0.43%
GWW	B	0.43%
MSI	B	0.43%
GRMN	B	0.43%
CEG	D	0.42%
APH	A	0.42%
INGR	B	0.42%
CMCSA	B	0.42%
TOL	B	0.42%
META	D	0.42%
CMI	A	0.42%
UTHR	C	0.42%
XOM	B	0.41%
CSCO	B	0.41%
WMB	A	0.41%
ORCL	B	0.41%
CLH	B	0.41%
WM	A	0.41%
SPG	B	0.41%
NI	A	0.41%
CASY	A	0.41%
PEG	A	0.41%
RSG	A	0.4%
VLO	C	0.4%
HST	C	0.4%
CHTR	C	0.4%
THC	D	0.4%
T	A	0.4%
WELL	A	0.4%
FANG	D	0.39%
HIG	B	0.39%
BRK.A	B	0.39%
PM	B	0.39%
PH	A	0.39%
MO	A	0.39%
KVUE	A	0.39%
IRM	D	0.39%
PNW	B	0.39%
PGR	A	0.39%
LAMR	D	0.39%
PPL	B	0.39%
COR	B	0.39%
FAST	B	0.39%
PHM	D	0.38%
AVGO	D	0.38%
RS	B	0.38%
VZ	C	0.38%
JNPR	F	0.38%
AM	A	0.38%
OHI	C	0.38%
AFL	B	0.38%
REG	B	0.38%
K	A	0.38%
NVR	D	0.38%
LOW	D	0.37%
TSN	B	0.37%
ESS	B	0.37%
SRE	A	0.37%
DVA	B	0.37%
ORLY	B	0.37%
FYBR	D	0.37%
VRTX	F	0.37%
SO	D	0.37%
MRO	B	0.37%
BRX	A	0.37%
CTSH	B	0.37%
DGX	A	0.36%
GD	F	0.36%
HRB	D	0.36%
INTU	C	0.36%
OGE	B	0.36%
AAPL	C	0.36%
LEN	D	0.36%
EIX	B	0.36%
SCCO	F	0.36%
DUK	C	0.36%
LMT	D	0.36%
XEL	A	0.36%
MPC	D	0.36%
SYY	B	0.36%
CVS	D	0.36%
PG	A	0.36%
GILD	C	0.35%
MTG	C	0.35%
HUBB	B	0.35%
MSFT	F	0.35%
CI	F	0.35%
FNF	B	0.35%
CTRA	B	0.35%
PSX	C	0.35%
AMGN	D	0.35%
CUBE	D	0.35%
CLX	B	0.35%
ADI	D	0.35%
POST	C	0.35%
AZO	C	0.35%
HRL	D	0.35%
CVX	A	0.35%
ADM	D	0.34%
PSA	D	0.34%
D	C	0.34%
PAG	B	0.34%
ITW	B	0.34%
KHC	F	0.34%
TJX	A	0.34%
HCA	F	0.34%
GLPI	C	0.34%
FE	C	0.34%
CHD	B	0.34%
ED	D	0.34%
WEC	A	0.34%
BG	F	0.34%
TSCO	D	0.34%
KMB	D	0.34%
OC	A	0.34%
UNH	C	0.34%
PEP	F	0.34%
EVRG	A	0.34%
CPB	D	0.33%
CDNS	B	0.33%
VICI	C	0.33%
GIS	D	0.33%
MDLZ	F	0.33%
LLY	F	0.33%
HBAN	A	0.33%
ABBV	D	0.33%
X	C	0.33%
KO	D	0.33%
DHI	D	0.33%
KIM	A	0.33%
BAH	F	0.32%
WLK	D	0.32%
CAG	D	0.32%
KLAC	D	0.32%
EOG	A	0.32%
IT	C	0.32%
ACN	C	0.32%
EMN	D	0.32%
CL	D	0.32%
CF	B	0.32%
BAC	A	0.31%
NTAP	C	0.31%
ACI	C	0.31%
AMAT	F	0.31%
FITB	A	0.31%
LYB	F	0.31%
EXC	C	0.31%
UGI	A	0.31%
ABT	B	0.31%
WY	D	0.31%
AEP	D	0.31%
WSM	B	0.31%
AVB	B	0.31%
STZ	D	0.31%
MAS	D	0.3%
QCOM	F	0.3%
DTE	C	0.3%
AOS	F	0.3%
NUE	C	0.3%
IBM	C	0.3%
PKG	A	0.3%
NFG	A	0.3%
CTVA	C	0.3%
HPE	B	0.3%
JEF	A	0.3%
ECL	D	0.29%
AMP	A	0.29%
LH	C	0.28%
CAT	B	0.28%
CMS	C	0.28%
GNTX	C	0.28%
EG	C	0.28%
RPM	A	0.28%
COP	C	0.28%
SYK	C	0.28%
LIN	D	0.28%
ZTS	D	0.27%
SPB	C	0.27%
WST	C	0.27%
UNP	C	0.27%
CB	C	0.27%
DHR	F	0.27%
HSY	F	0.26%
MRK	F	0.26%
KDP	D	0.26%
DOW	F	0.26%
REGN	F	0.26%
ELV	F	0.26%
LRCX	F	0.26%
AVY	D	0.26%
DINO	D	0.26%
FCX	D	0.25%
STE	F	0.25%
MSM	C	0.25%
CBOE	B	0.25%
BMY	B	0.25%
BBY	D	0.24%
SAM	C	0.24%
PK	B	0.24%
TGT	F	0.24%
ALLY	C	0.24%
DRI	B	0.24%
BRBR	A	0.24%
MDT	D	0.23%
RVTY	F	0.23%
PR	B	0.23%
ROST	C	0.23%
APO	B	0.23%
STAG	F	0.23%
VTRS	A	0.23%
GEHC	F	0.22%
LDOS	C	0.22%
OMF	A	0.22%
IFF	D	0.21%
FLO	D	0.21%
COKE	C	0.21%
WPC	D	0.21%
PPC	C	0.21%
BPOP	B	0.21%
MAA	B	0.21%
SJM	D	0.21%
GAP	C	0.2%
EQR	B	0.2%
CE	F	0.2%
F	C	0.19%
EA	A	0.19%
BDX	F	0.19%
TKR	D	0.19%
ASH	D	0.19%
R	B	0.18%
NEM	D	0.18%
BKNG	A	0.18%
CLF	F	0.18%
STWD	C	0.18%
SCI	B	0.18%
M	D	0.18%
NEU	C	0.18%
CSL	C	0.17%
MOS	F	0.17%
UI	A	0.17%
EPR	D	0.17%
RHI	B	0.17%
CPT	B	0.17%
DTM	B	0.17%
CCI	D	0.16%
FR	C	0.16%
HUN	F	0.16%
ATO	A	0.16%
NNN	D	0.16%
KRC	C	0.16%
CHE	D	0.16%
HIW	D	0.15%
IPG	D	0.15%
TMO	F	0.15%
SWKS	F	0.14%
STT	A	0.13%
CSX	B	0.13%
FBIN	D	0.12%
WRB	A	0.12%
VIRT	B	0.12%
SLM	A	0.11%
VVV	F	0.11%
USB	A	0.11%
GOOGL	C	0.11%
WU	D	0.11%
DVN	F	0.1%
CRUS	D	0.1%
OXY	D	0.1%
SMG	D	0.1%
PRU	A	0.1%
PFG	D	0.1%
CARR	D	0.09%
LOPE	B	0.09%
FRT	B	0.09%
RF	A	0.09%
RGLD	C	0.08%
SAIC	F	0.08%
TNL	A	0.07%
CFG	B	0.07%
RBC	A	0.07%
GEN	B	0.07%
RMD	C	0.07%
PCAR	B	0.06%
DLB	B	0.06%
NKE	D	0.06%
KEY	B	0.06%
EGP	F	0.06%
IRDM	D	0.06%
AGO	B	0.05%
ADBE	C	0.05%
NSA	D	0.05%
CBRE	B	0.05%
CWEN	C	0.05%
MMC	B	0.05%
RRC	B	0.05%
VLTO	D	0.04%
SSNC	B	0.04%
LSTR	D	0.04%
CRI	D	0.03%
FTRE	D	0.03%
HOG	D	0.03%
MNST	C	0.03%
LEG	F	0.02%
IDA	A	0.02%
PLD	D	0.01%
KSS	F	0.01%
SON	D	0.01%
ROKU	D	0.0%

JPUS Underweight 139 Positions Relative to FFSM

Symbol	Grade	Weight
EME	C	-1.81%
FTI	A	-1.47%
TPX	B	-1.46%
MUSA	A	-1.34%
NSIT	F	-1.33%
AR	B	-1.27%
BJ	A	-1.22%
FN	D	-1.22%
CROX	D	-1.17%
VRT	B	-1.14%
SN	D	-1.11%
WHD	B	-1.01%
CR	A	-1.01%
RRX	B	-1.01%
AIZ	A	-0.91%
BOOT	D	-0.9%
TMDX	F	-0.9%
AIT	A	-0.88%
SNV	B	-0.88%
STX	D	-0.84%
AYI	B	-0.81%
TGLS	B	-0.81%
FAF	A	-0.77%
BC	C	-0.76%
SF	B	-0.75%
PNFP	B	-0.73%
PCG	A	-0.72%
HLI	B	-0.71%
GPK	C	-0.71%
AEIS	B	-0.66%
ACM	A	-0.66%
ASGN	F	-0.65%
AES	F	-0.65%
KBH	D	-0.64%
ON	D	-0.62%
BECN	B	-0.61%
MMS	F	-0.6%
CMC	B	-0.6%
FSS	B	-0.6%
LBRT	D	-0.59%
G	B	-0.59%
VNT	B	-0.59%
CBT	C	-0.59%
CADE	B	-0.59%
WBS	A	-0.57%
NOG	A	-0.57%
MTSI	B	-0.57%
PRI	A	-0.56%
EPRT	B	-0.56%
XPO	B	-0.56%
BCO	D	-0.56%
CHDN	B	-0.54%
ASO	F	-0.53%
WTFC	A	-0.52%
CRL	C	-0.52%
CWK	B	-0.51%
RJF	A	-0.51%
PVH	C	-0.51%
HAYW	B	-0.51%
IESC	B	-0.51%
GMS	B	-0.51%
WIX	B	-0.5%
EBC	B	-0.49%
CTRE	D	-0.49%
EAT	A	-0.47%
KBR	F	-0.46%
BOKF	B	-0.46%
TENB	C	-0.45%
PRCT	B	-0.44%
LITE	B	-0.44%
NOMD	D	-0.42%
AXTA	A	-0.42%
TEX	D	-0.42%
ARGX	A	-0.41%
COMP	B	-0.4%
LW	C	-0.4%
MASI	A	-0.39%
CXT	B	-0.36%
GVA	A	-0.35%
RUSHA	C	-0.35%
AZZ	B	-0.34%
GTES	A	-0.33%
WFRD	D	-0.33%
PCVX	D	-0.32%
FLEX	A	-0.31%
AZEK	A	-0.3%
UPBD	B	-0.3%
ARCB	C	-0.3%
MTB	A	-0.3%
SKY	A	-0.3%
LEA	D	-0.3%
GRBK	D	-0.3%
CNXC	F	-0.29%
IBTX	B	-0.29%
FBP	B	-0.29%
LCII	C	-0.29%
DIOD	D	-0.27%
AMN	F	-0.27%
ALGM	D	-0.24%
LAUR	A	-0.24%
DOOO	F	-0.23%
PATK	D	-0.2%
CRNX	C	-0.19%
ACLX	C	-0.19%
RGEN	D	-0.19%
KFRC	D	-0.18%
CYTK	F	-0.18%
MDGL	B	-0.16%
NUVL	D	-0.16%
AAP	C	-0.15%
XPRO	F	-0.14%
MNDY	C	-0.14%
KROS	D	-0.13%
ELVN	D	-0.12%
VCEL	B	-0.12%
VRDN	D	-0.12%
OMI	F	-0.12%
AXSM	B	-0.11%
ANAB	F	-0.11%
CSTM	F	-0.11%
TYRA	F	-0.11%
COGT	D	-0.11%
LBPH	A	-0.1%
ICLR	D	-0.1%
CLDX	F	-0.1%
XENE	D	-0.09%
AUTL	F	-0.08%
TCBK	B	-0.08%
MRUS	F	-0.07%
PBH	A	-0.06%
ARVN	D	-0.04%
ATKR	C	-0.01%
FIBK	A	-0.01%
CC	C	-0.01%
LPLA	A	-0.01%
AME	A	-0.01%
ALXO	F	-0.0%
EWTX	C	-0.0%
ZNTL	F	-0.0%