JPUS vs. HSMV ETF Comparison

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

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

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

$38.50

Average Daily Volume

1,335

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	JPUS	HSMV
30 Days	2.72%	4.88%
60 Days	2.86%	5.46%
90 Days	5.12%	6.96%
12 Months	27.89%	27.49%

46 Overlapping Holdings

Symbol	Grade	Weight in JPUS	Weight in HSMV	Overlap
AFG	A	0.06%	1.08%	0.06%
AGO	B	0.05%	0.67%	0.05%
AM	A	0.38%	1.21%	0.38%
ASH	D	0.19%	0.36%	0.19%
BRX	A	0.37%	0.48%	0.37%
CACI	D	0.14%	1.29%	0.14%
CASY	A	0.41%	0.26%	0.26%
CHE	D	0.16%	1.16%	0.16%
CLH	B	0.41%	0.38%	0.38%
CRI	D	0.03%	0.21%	0.03%
CSL	C	0.17%	0.33%	0.17%
CUBE	D	0.35%	0.24%	0.24%
DLB	B	0.06%	0.85%	0.06%
DTM	B	0.17%	2.06%	0.17%
EGP	F	0.06%	0.63%	0.06%
EPR	D	0.17%	0.79%	0.17%
FLO	D	0.21%	1.17%	0.21%
FNF	B	0.35%	0.51%	0.35%
FR	C	0.16%	0.45%	0.16%
GLPI	C	0.34%	0.99%	0.34%
GNTX	C	0.28%	0.99%	0.28%
HRB	D	0.36%	0.26%	0.26%
IDA	A	0.02%	1.65%	0.02%
INGR	B	0.42%	1.65%	0.42%
ITT	A	0.24%	0.38%	0.24%
JEF	A	0.3%	0.46%	0.3%
LAMR	D	0.39%	0.43%	0.39%
LOPE	B	0.09%	0.74%	0.09%
LSTR	D	0.04%	0.76%	0.04%
MSM	C	0.25%	0.44%	0.25%
MTG	C	0.35%	0.55%	0.35%
NFG	A	0.3%	1.18%	0.3%
NNN	D	0.16%	1.01%	0.16%
NSA	D	0.05%	0.13%	0.05%
OGE	B	0.36%	1.59%	0.36%
OHI	C	0.38%	1.08%	0.38%
ORI	A	0.3%	1.76%	0.3%
PFGC	B	0.46%	0.45%	0.45%
POST	C	0.35%	1.56%	0.35%
R	B	0.18%	0.3%	0.18%
RGA	A	0.17%	0.67%	0.17%
RGLD	C	0.08%	0.34%	0.08%
RPM	A	0.28%	0.68%	0.28%
RS	B	0.38%	0.54%	0.38%
SAIC	F	0.08%	0.35%	0.08%
SCI	B	0.18%	0.62%	0.18%

JPUS Overweight 309 Positions Relative to HSMV

Symbol	Grade	Weight
VST	B	0.64%
SYF	B	0.52%
CIEN	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%
IP	B	0.46%
PWR	A	0.46%
MCK	B	0.46%
COF	B	0.45%
NVDA	C	0.45%
USFD	A	0.44%
ETN	A	0.43%
TAP	C	0.43%
KR	B	0.43%
GWW	B	0.43%
FCNCA	A	0.43%
MSI	B	0.43%
GRMN	B	0.43%
CEG	D	0.42%
ALSN	B	0.42%
APH	A	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%
JLL	D	0.41%
WMB	A	0.41%
ORCL	B	0.41%
WM	A	0.41%
SPG	B	0.41%
NI	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%
PPL	B	0.39%
COR	B	0.39%
FAST	B	0.39%
PHM	D	0.38%
AVGO	D	0.38%
VZ	C	0.38%
JNPR	F	0.38%
AFL	B	0.38%
REG	B	0.38%
K	A	0.38%
STLD	B	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%
CTSH	B	0.37%
CAH	B	0.36%
NXST	C	0.36%
DGX	A	0.36%
GD	F	0.36%
INTU	C	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%
DKS	C	0.36%
GILD	C	0.35%
HUBB	B	0.35%
MSFT	F	0.35%
CI	F	0.35%
CTRA	B	0.35%
PSX	C	0.35%
AMGN	D	0.35%
CLX	B	0.35%
ADI	D	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%
FE	C	0.34%
CHD	B	0.34%
ED	D	0.34%
WEC	A	0.34%
BG	F	0.34%
LNG	B	0.34%
TSCO	D	0.34%
KMB	D	0.34%
BLDR	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%
UHS	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%
ACGL	D	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%
ESI	A	0.3%
CTVA	C	0.3%
HPE	B	0.3%
ECL	D	0.29%
AMP	A	0.29%
LH	C	0.28%
CAT	B	0.28%
CMS	C	0.28%
HOLX	D	0.28%
EG	C	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%
OLN	D	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%
VTR	C	0.25%
STE	F	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%
SNX	C	0.24%
DRI	B	0.24%
DOX	D	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%
EXP	A	0.21%
COKE	C	0.21%
WPC	D	0.21%
PPC	C	0.21%
CNM	D	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%
MEDP	D	0.19%
TKR	D	0.19%
NEM	D	0.18%
BKNG	A	0.18%
CLF	F	0.18%
STWD	C	0.18%
M	D	0.18%
NEU	C	0.18%
MOS	F	0.17%
UI	A	0.17%
RHI	B	0.17%
CPT	B	0.17%
CCI	D	0.16%
HUN	F	0.16%
ATO	A	0.16%
KRC	C	0.16%
HIW	D	0.15%
IPG	D	0.15%
TMO	F	0.15%
SWKS	F	0.14%
MOH	F	0.14%
STT	A	0.13%
CSX	B	0.13%
DFS	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%
FRT	B	0.09%
RF	A	0.09%
LPX	B	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%
NKE	D	0.06%
KEY	B	0.06%
IRDM	D	0.06%
ADBE	C	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%
FTRE	D	0.03%
HOG	D	0.03%
MNST	C	0.03%
LEG	F	0.02%
PLD	D	0.01%
KSS	F	0.01%
SON	D	0.01%
ROKU	D	0.0%

JPUS Underweight 101 Positions Relative to HSMV

Symbol	Grade	Weight
ATR	B	-2.09%
SEIC	B	-1.89%
CTRE	D	-1.54%
RLI	B	-1.42%
MSGS	A	-1.4%
ADC	B	-1.34%
DCI	B	-1.33%
FHI	A	-1.26%
AMH	D	-1.24%
NJR	A	-1.24%
NWE	B	-1.13%
POR	C	-1.07%
GGG	B	-1.06%
NYT	C	-0.95%
BKH	A	-0.9%
EHC	B	-0.9%
MMS	F	-0.89%
FCPT	C	-0.86%
CBSH	A	-0.83%
ELS	C	-0.81%
MSA	D	-0.8%
PRI	A	-0.78%
IDCC	A	-0.77%
AVA	A	-0.76%
PBH	A	-0.76%
EFC	C	-0.76%
KBR	F	-0.75%
PECO	A	-0.74%
ENSG	D	-0.73%
AWR	B	-0.72%
OGS	A	-0.72%
SF	B	-0.72%
SLGN	A	-0.68%
RNR	C	-0.67%
CPK	A	-0.67%
CW	B	-0.67%
ESNT	D	-0.67%
JHG	A	-0.66%
EPRT	B	-0.65%
MDU	D	-0.64%
AMG	B	-0.63%
CDP	C	-0.63%
PRGS	A	-0.58%
ACM	A	-0.57%
FELE	B	-0.56%
GATX	A	-0.56%
CHH	A	-0.56%
SBRA	C	-0.55%
COLM	B	-0.55%
NMIH	D	-0.55%
BCPC	B	-0.53%
FLS	B	-0.52%
CWT	D	-0.51%
EPC	D	-0.49%
AVT	C	-0.49%
FCN	D	-0.49%
BWXT	B	-0.48%
MUSA	A	-0.47%
LANC	C	-0.46%
CHDN	B	-0.45%
ARW	D	-0.45%
PB	A	-0.45%
CNO	A	-0.44%
ENR	B	-0.43%
RYN	D	-0.42%
BLKB	B	-0.41%
RDN	C	-0.4%
FAF	A	-0.4%
FNB	A	-0.38%
EXEL	B	-0.38%
GPK	C	-0.36%
ABM	B	-0.36%
BJ	A	-0.36%
COOP	B	-0.35%
G	B	-0.35%
IOSP	B	-0.35%
LXP	D	-0.34%
EVR	B	-0.34%
LECO	B	-0.34%
JAZZ	B	-0.33%
MAN	D	-0.32%
KEX	C	-0.31%
AGCO	D	-0.31%
JJSF	B	-0.31%
ONB	B	-0.31%
KFY	B	-0.29%
MTN	C	-0.29%
ALV	C	-0.29%
MIDD	C	-0.28%
EVTC	B	-0.28%
OSK	B	-0.28%
ORA	B	-0.27%
PLXS	B	-0.27%
LII	A	-0.26%
FSS	B	-0.24%
LFUS	F	-0.24%
AIN	C	-0.24%
IRT	A	-0.23%
HXL	D	-0.22%
REXR	F	-0.2%
PCH	D	-0.19%