JQUA vs. FELC ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to Fidelity Enhanced Large Cap Core ETF (FELC)

JQUA

JPMorgan U.S. Quality Factor ETF

JQUA Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Quality Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent quality factor characteristics.

Grade (RS Rating)

Last Trade

$59.18

Average Daily Volume

481,509

Number of Holdings ^*

278

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.43

Average Daily Volume

581,796

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	FELC
30 Days	4.45%	3.27%
60 Days	5.31%	5.09%
90 Days	7.31%	6.09%
12 Months	31.33%	33.74%

78 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in FELC	Overlap
A	D	0.31%	0.03%	0.03%
AAPL	C	1.86%	7.38%	1.86%
ABBV	D	1.17%	1.02%	1.02%
ABT	B	0.85%	0.56%	0.56%
ADBE	C	0.84%	0.94%	0.84%
ADP	B	0.58%	0.2%	0.2%
AMAT	F	0.68%	0.68%	0.68%
AMT	D	0.16%	0.24%	0.16%
AON	A	0.42%	0.35%	0.35%
AVGO	D	1.25%	1.72%	1.25%
BDX	F	0.4%	0.62%	0.4%
BKNG	A	0.79%	0.13%	0.13%
BMY	B	0.61%	0.75%	0.61%
BRK.A	B	1.86%	2.25%	1.86%
CL	D	0.39%	0.47%	0.39%
CLX	B	0.22%	0.11%	0.11%
COST	B	1.51%	0.31%	0.31%
CRM	B	1.3%	1.15%	1.15%
CRUS	D	0.11%	0.03%	0.03%
CSCO	B	1.02%	0.66%	0.66%
CTAS	B	0.47%	0.69%	0.47%
CVX	A	0.72%	0.01%	0.01%
DASH	A	0.43%	0.18%	0.18%
DBX	B	0.24%	0.52%	0.24%
DOCU	A	0.31%	0.02%	0.02%
ED	D	0.21%	0.15%	0.15%
EOG	A	0.37%	0.54%	0.37%
FTNT	C	0.44%	0.15%	0.15%
GILD	C	0.6%	0.74%	0.6%
GOOGL	C	1.89%	2.05%	1.89%
HD	A	1.51%	1.29%	1.29%
IDXX	F	0.28%	0.22%	0.22%
JNJ	D	1.4%	0.74%	0.74%
KLAC	D	0.46%	0.63%	0.46%
LDOS	C	0.2%	0.24%	0.2%
LMT	D	0.58%	0.71%	0.58%
LRCX	F	0.46%	0.44%	0.44%
MA	C	1.58%	1.36%	1.36%
MCK	B	0.24%	0.06%	0.06%
MEDP	D	0.23%	0.21%	0.21%
META	D	2.07%	2.89%	2.07%
MMC	B	0.53%	0.29%	0.29%
MMM	D	0.33%	0.13%	0.13%
MRK	F	0.99%	0.99%	0.99%
MSFT	F	1.72%	5.68%	1.72%
MSI	B	0.34%	0.5%	0.34%
NOW	A	0.88%	0.55%	0.55%
NRG	B	0.15%	0.11%	0.11%
NVDA	C	2.22%	7.39%	2.22%
ORCL	B	0.97%	0.05%	0.05%
PEGA	A	0.15%	0.1%	0.1%
PG	A	1.33%	0.72%	0.72%
PGR	A	0.43%	0.74%	0.43%
PSA	D	0.35%	0.09%	0.09%
QCOM	F	0.76%	0.88%	0.76%
QRVO	F	0.1%	0.12%	0.1%
ROST	C	0.31%	0.04%	0.04%
RSG	A	0.34%	0.24%	0.24%
SCCO	F	0.21%	0.05%	0.05%
SEIC	B	0.25%	0.3%	0.25%
SOLV	C	0.17%	0.09%	0.09%
SPG	B	0.29%	0.59%	0.29%
SPGI	C	0.53%	0.31%	0.31%
SSNC	B	0.13%	0.38%	0.13%
SWKS	F	0.18%	0.03%	0.03%
T	A	0.3%	0.73%	0.3%
TDC	D	0.15%	0.37%	0.15%
TJX	A	0.63%	0.59%	0.59%
TRV	B	0.39%	0.43%	0.39%
TWLO	A	0.22%	0.13%	0.13%
UNP	C	0.66%	0.76%	0.66%
V	A	1.83%	0.82%	0.82%
VZ	C	0.46%	0.06%	0.06%
WDAY	B	0.29%	0.16%	0.16%
WM	A	0.5%	0.32%	0.32%
WMT	A	0.21%	1.14%	0.21%
XOM	B	1.71%	1.56%	1.56%
ZM	B	0.19%	0.51%	0.19%

JQUA Overweight 200 Positions Relative to FELC

Symbol	Grade	Weight
ACN	C	0.88%
LIN	D	0.88%
MCD	D	0.87%
APP	B	0.86%
INTU	C	0.82%
KO	D	0.76%
IBM	C	0.67%
PANW	C	0.63%
PLTR	B	0.62%
BLK	C	0.62%
SBUX	A	0.56%
ADI	D	0.53%
APH	A	0.51%
MO	A	0.5%
NKE	D	0.48%
CB	C	0.47%
SNPS	B	0.46%
CDNS	B	0.45%
MCO	B	0.44%
ZTS	D	0.44%
ITW	B	0.44%
ORLY	B	0.43%
MAR	B	0.43%
CRWD	B	0.41%
GWW	B	0.41%
REGN	F	0.41%
COP	C	0.4%
AJG	B	0.39%
AFL	B	0.39%
AMP	A	0.38%
MRVL	B	0.38%
CPRT	A	0.37%
LULU	C	0.37%
ICE	C	0.36%
EA	A	0.35%
CTSH	B	0.34%
IT	C	0.34%
PAYX	C	0.34%
TEAM	A	0.33%
VRSK	A	0.33%
DECK	A	0.32%
EBAY	D	0.3%
BRO	B	0.29%
BR	A	0.29%
ACGL	D	0.29%
KMB	D	0.29%
RMD	C	0.29%
NDAQ	A	0.29%
DDOG	A	0.29%
WEC	A	0.29%
CSL	C	0.28%
ABNB	C	0.28%
VRT	B	0.28%
WSO	A	0.27%
EXPE	B	0.27%
ROP	B	0.27%
UTHR	C	0.27%
NVR	D	0.27%
YUM	B	0.27%
FFIV	B	0.27%
MANH	D	0.26%
ALSN	B	0.26%
RNG	B	0.26%
MCHP	D	0.26%
WRB	A	0.25%
WY	D	0.25%
CLH	B	0.25%
WSM	B	0.24%
HOLX	D	0.24%
EW	C	0.24%
HST	C	0.24%
KEYS	A	0.24%
PAYC	B	0.24%
LOPE	B	0.23%
LAMR	D	0.23%
MTD	D	0.23%
EXR	D	0.23%
LEN	D	0.23%
POOL	C	0.23%
CTRA	B	0.23%
FDS	B	0.23%
LSTR	D	0.22%
TOST	B	0.22%
VRSN	F	0.22%
SNOW	C	0.22%
HIG	B	0.22%
LECO	B	0.22%
JAZZ	B	0.22%
DRI	B	0.22%
HPQ	B	0.21%
GGG	B	0.21%
IEX	B	0.21%
CHE	D	0.21%
MAA	B	0.21%
DOX	D	0.21%
EXPD	D	0.21%
ROL	B	0.21%
OGE	B	0.21%
CF	B	0.2%
ZS	C	0.2%
TPR	B	0.2%
DT	C	0.2%
TER	D	0.2%
HRB	D	0.2%
DVA	B	0.2%
CBOE	B	0.2%
FNF	B	0.19%
HPE	B	0.19%
ANSS	B	0.19%
BLDR	D	0.19%
LSCC	D	0.19%
TYL	B	0.19%
DKS	C	0.19%
CBSH	A	0.19%
PSTG	D	0.19%
NTAP	C	0.18%
AKAM	D	0.18%
PEN	B	0.18%
MPWR	F	0.17%
NFG	A	0.17%
NTNX	A	0.17%
UGI	A	0.16%
AYI	B	0.16%
DLB	B	0.16%
SAIC	F	0.16%
EPAM	C	0.16%
JBL	B	0.16%
EXP	A	0.16%
STE	F	0.16%
GEN	B	0.16%
DCI	B	0.16%
CDW	F	0.16%
BBY	D	0.15%
RPM	A	0.15%
CRI	D	0.15%
PINS	D	0.15%
WMS	D	0.15%
MSGS	A	0.15%
AFG	A	0.14%
ELS	C	0.14%
CNM	D	0.14%
CHD	B	0.14%
EVRG	A	0.14%
PRI	A	0.14%
JKHY	D	0.14%
MTSI	B	0.14%
RPRX	D	0.14%
ULTA	F	0.14%
SMAR	A	0.13%
MSM	C	0.13%
PCOR	B	0.13%
CCI	D	0.12%
DXC	B	0.12%
OKTA	C	0.12%
PEG	A	0.12%
ENTG	D	0.12%
PATH	C	0.12%
WU	D	0.12%
GWRE	A	0.11%
SKX	D	0.11%
YETI	C	0.11%
NDSN	B	0.11%
BSY	D	0.11%
TSCO	D	0.11%
DV	C	0.11%
MTCH	D	0.11%
CNC	D	0.11%
AOS	F	0.11%
TPL	A	0.11%
COR	B	0.1%
WH	B	0.1%
CPT	B	0.1%
RLI	B	0.1%
BYD	C	0.1%
CHH	A	0.09%
ZI	D	0.09%
COKE	C	0.09%
LPX	B	0.09%
FAST	B	0.09%
ATO	A	0.09%
IPGP	D	0.09%
OLN	D	0.09%
QGEN	D	0.08%
EQR	B	0.08%
MPC	D	0.08%
SIRI	C	0.08%
INGR	B	0.08%
PINC	B	0.07%
GLPI	C	0.07%
TECH	D	0.06%
RS	B	0.06%
PHM	D	0.06%
WAT	B	0.06%
CUBE	D	0.05%
UPS	C	0.04%
GNTX	C	0.04%
AM	A	0.03%
CHRW	C	0.02%
VIRT	B	0.01%
SNX	C	0.0%

JQUA Underweight 92 Positions Relative to FELC

Symbol	Grade	Weight
AMZN	C	-3.93%
JPM	A	-1.94%
GOOG	C	-1.9%
TSLA	B	-1.31%
NFLX	A	-1.3%
BAC	A	-1.2%
PM	B	-0.94%
CMCSA	B	-0.86%
NEE	D	-0.84%
SCHW	B	-0.8%
LLY	F	-0.76%
RTX	C	-0.7%
MU	D	-0.66%
DIS	B	-0.65%
ECL	D	-0.63%
CI	F	-0.63%
NOC	D	-0.6%
SQ	B	-0.58%
UNH	C	-0.57%
CAT	B	-0.57%
CVNA	B	-0.55%
CSX	B	-0.54%
DVN	F	-0.53%
PCAR	B	-0.52%
TXT	D	-0.52%
TT	A	-0.52%
CME	A	-0.5%
IGT	F	-0.46%
EXEL	B	-0.45%
ANF	C	-0.42%
PFE	D	-0.42%
CACI	D	-0.4%
GE	D	-0.39%
NSC	B	-0.38%
CMG	B	-0.35%
PYPL	B	-0.34%
MSCI	C	-0.33%
TMO	F	-0.33%
ALLE	D	-0.33%
AMGN	D	-0.33%
MS	A	-0.31%
TMUS	B	-0.31%
CAH	B	-0.31%
AXP	A	-0.31%
TROW	B	-0.31%
PPG	F	-0.3%
MGM	D	-0.3%
INCY	C	-0.28%
CCL	B	-0.26%
CVS	D	-0.25%
SKYW	B	-0.23%
GAP	C	-0.22%
GRMN	B	-0.22%
LHX	C	-0.21%
LYFT	C	-0.21%
GL	B	-0.21%
ALRM	C	-0.2%
NUE	C	-0.2%
OXY	D	-0.19%
GS	A	-0.15%
UBER	D	-0.14%
WTW	B	-0.14%
UNM	A	-0.12%
PNC	B	-0.12%
VST	B	-0.12%
NBIX	C	-0.11%
ANET	C	-0.11%
BK	A	-0.11%
F	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	D	-0.11%
BIIB	F	-0.1%
WFC	A	-0.1%
HWM	A	-0.1%
VEEV	C	-0.08%
MKL	A	-0.08%
FR	C	-0.08%
ZBRA	B	-0.06%
DHI	D	-0.06%
STLD	B	-0.06%
AXTA	A	-0.05%
PEP	F	-0.05%
PLTK	B	-0.04%
GEHC	F	-0.04%
SYK	C	-0.03%
KR	B	-0.03%
LPLA	A	-0.03%
GPN	B	-0.02%
C	A	-0.02%
WBD	C	-0.01%
AES	F	-0.01%

JQUA: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Business Services Diversified Industrials Specialty Retail Diagnostics & Research Insurance - Property & Casualty Semiconductor Equipment & Materials Biotechnology Drug Manufacturers - Major Household & Personal Products Internet Content & Information Capital Markets Industrial Distribution Insurance Brokers Integrated Shipping & Logistics Medical Instruments & Supplies Oil & Gas E&P