JQUA vs. SKF ETF Comparison

Comparison of JPMorgan U.S. Quality Factor ETF (JQUA) to ProShares UltraShort Financials (SKF)

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

$56.45

Average Daily Volume

424,506

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

SKF

ProShares UltraShort Financials

SKF Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.23

Average Daily Volume

50,535

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JQUA	SKF
30 Days	2.66%	-1.25%
60 Days	5.72%	-7.66%
90 Days	6.94%	-16.23%
12 Months	31.71%	-41.90%

32 Overlapping Holdings

Symbol	Grade	Weight in JQUA	Weight in SKF	Overlap
ACGL	B	0.36%	0.31%	0.31%
AFL	A	0.45%	0.66%	0.45%
AJG	D	0.42%	0.3%	0.3%
AMP	B	0.32%	0.37%	0.32%
AON	B	0.42%	0.83%	0.42%
BLK	B	0.59%	1.06%	0.59%
BRK.A	C	2.13%	7.56%	2.13%
CB	B	0.53%	1.17%	0.53%
CCI	C	0.15%	1.02%	0.15%
CPT	C	0.11%	0.18%	0.11%
CSGP	D	0.07%	0.4%	0.07%
ELS	D	0.15%	0.22%	0.15%
EQR	C	0.09%	0.48%	0.09%
EXR	C	0.27%	0.24%	0.24%
FDS	C	0.23%	0.18%	0.18%
FNF	B	0.2%	0.22%	0.2%
HIG	B	0.23%	0.37%	0.23%
HST	D	0.21%	0.22%	0.21%
ICE	C	0.41%	0.91%	0.41%
MA	B	1.61%	4.83%	1.61%
MAA	C	0.23%	0.26%	0.23%
MCO	C	0.49%	0.7%	0.49%
MMC	C	0.59%	0.97%	0.59%
NDAQ	C	0.29%	0.21%	0.21%
PGR	C	0.25%	0.75%	0.25%
PSA	C	0.43%	0.56%	0.43%
SPG	B	0.28%	0.76%	0.28%
SPGI	C	0.59%	1.22%	0.59%
TRV	C	0.41%	0.61%	0.41%
V	C	1.76%	5.88%	1.76%
WRB	D	0.27%	0.17%	0.17%
WY	C	0.25%	0.39%	0.25%

JQUA Overweight 238 Positions Relative to SKF

Symbol	Grade	Weight
META	B	2.02%
AAPL	C	1.96%
MSFT	C	1.84%
GOOGL	D	1.71%
AVGO	C	1.7%
XOM	D	1.69%
NVDA	C	1.62%
JNJ	C	1.59%
COST	C	1.56%
PG	C	1.56%
HD	B	1.52%
ABBV	B	1.39%
MRK	F	1.21%
CRM	C	1.02%
MCD	B	0.94%
LIN	B	0.94%
ORCL	B	0.93%
KO	B	0.93%
CSCO	B	0.91%
ACN	C	0.87%
ADBE	F	0.86%
AMGN	D	0.82%
NOW	C	0.8%
INTU	D	0.79%
QCOM	D	0.79%
UNP	D	0.74%
IBM	B	0.74%
CVX	F	0.67%
BKNG	B	0.67%
AMAT	D	0.67%
TJX	C	0.66%
LMT	A	0.65%
REGN	D	0.62%
VRTX	D	0.61%
GILD	B	0.6%
ABT	C	0.58%
SBUX	C	0.57%
BMY	C	0.56%
ADP	C	0.56%
ADI	C	0.56%
PANW	D	0.54%
VZ	A	0.53%
MO	C	0.52%
KLAC	D	0.51%
CL	C	0.49%
WM	D	0.47%
ZTS	B	0.47%
CTAS	C	0.46%
LRCX	D	0.46%
APH	C	0.43%
ITW	B	0.43%
ORLY	B	0.42%
APP	C	0.41%
CDNS	D	0.4%
SNPS	F	0.4%
PLTR	C	0.39%
COP	F	0.39%
AZO	B	0.38%
MAR	B	0.38%
FTNT	B	0.37%
MMM	B	0.36%
ADSK	B	0.36%
ROST	C	0.36%
GWW	B	0.36%
DASH	B	0.35%
EOG	D	0.35%
PAYX	C	0.34%
IT	C	0.34%
EBAY	B	0.34%
RSG	D	0.34%
A	C	0.34%
KMB	C	0.34%
RMD	C	0.33%
CPRT	D	0.33%
CTSH	B	0.33%
NVR	B	0.33%
T	B	0.33%
IDXX	D	0.32%
VRSK	D	0.31%
MCHP	D	0.3%
BRO	C	0.3%
EA	D	0.3%
CRWD	D	0.3%
YUM	B	0.29%
ABNB	D	0.28%
WDAY	D	0.28%
ATO	B	0.28%
ROP	C	0.28%
HOLX	D	0.28%
BR	C	0.28%
LEN	B	0.28%
MRVL	D	0.28%
HRB	C	0.27%
FFIV	B	0.26%
DECK	C	0.26%
DDOG	D	0.26%
MTD	C	0.25%
CLH	C	0.25%
WSO	C	0.25%
MANH	B	0.25%
WSM	C	0.25%
DOCU	C	0.25%
CLX	C	0.25%
ED	B	0.25%
EW	F	0.25%
LAMR	B	0.25%
WEC	B	0.25%
EXPD	B	0.24%
POOL	C	0.24%
MSI	B	0.24%
CBOE	C	0.24%
DRI	C	0.23%
DVA	B	0.23%
ROL	C	0.23%
VRSN	C	0.23%
MPWR	B	0.23%
DBX	C	0.23%
TER	C	0.23%
KEYS	B	0.23%
CTRA	F	0.22%
BLDR	C	0.22%
CHE	C	0.22%
DOX	C	0.22%
OGE	B	0.22%
SEIC	B	0.22%
TEAM	D	0.22%
CHRW	B	0.22%
GGG	C	0.21%
DT	C	0.21%
LSTR	D	0.21%
SAIC	C	0.21%
SCCO	C	0.21%
WMT	B	0.21%
EXPE	C	0.21%
MCK	F	0.2%
HPQ	C	0.2%
MEDP	F	0.2%
LOPE	D	0.2%
DKS	D	0.2%
INCY	C	0.2%
CDW	D	0.2%
CNC	D	0.2%
SWKS	F	0.2%
AKAM	D	0.2%
PSTG	F	0.19%
LSCC	D	0.19%
CRI	D	0.19%
LECO	D	0.19%
VRT	C	0.19%
PAYC	D	0.19%
MOH	D	0.19%
IEX	C	0.19%
SNOW	F	0.19%
TYL	C	0.19%
CSL	B	0.19%
CF	B	0.19%
ALSN	B	0.19%
RNG	F	0.19%
CBSH	D	0.18%
ANSS	D	0.18%
TPR	A	0.18%
NFG	B	0.18%
NTAP	D	0.18%
LYV	A	0.18%
LDOS	A	0.17%
WMS	D	0.17%
DELL	C	0.17%
BBY	A	0.17%
ULTA	D	0.17%
ZM	C	0.16%
DCI	C	0.16%
DLB	D	0.16%
CHH	B	0.16%
TOST	C	0.15%
TDC	D	0.15%
EVRG	B	0.15%
CHD	C	0.15%
PINS	D	0.15%
JKHY	B	0.15%
EXP	B	0.15%
MSGS	B	0.15%
WU	C	0.15%
HPE	C	0.15%
QRVO	F	0.15%
SSNC	C	0.14%
SMAR	A	0.14%
TWLO	C	0.14%
MTCH	C	0.14%
EPAM	F	0.14%
AFG	C	0.14%
NTNX	D	0.14%
SKX	C	0.13%
PEG	B	0.13%
MSM	D	0.13%
AOS	B	0.13%
ENTG	D	0.13%
JBL	C	0.13%
CRUS	D	0.13%
ZS	F	0.13%
PATH	D	0.12%
BSY	C	0.12%
PEGA	B	0.12%
TSCO	B	0.12%
CNM	F	0.12%
DXC	D	0.12%
MTSI	C	0.11%
AYI	B	0.11%
OLN	D	0.11%
NDSN	C	0.11%
GWRE	B	0.11%
SNX	C	0.11%
OKTA	F	0.11%
NKE	D	0.11%
DV	F	0.1%
BYD	C	0.1%
PCOR	D	0.1%
YETI	D	0.1%
WH	B	0.09%
JAZZ	D	0.09%
ZI	D	0.09%
MPC	F	0.09%
PHM	B	0.08%
UGI	B	0.08%
FAST	C	0.08%
IPGP	D	0.08%
RLI	B	0.07%
PRI	B	0.07%
TPL	C	0.07%
GLPI	C	0.07%
RS	D	0.06%
CUBE	C	0.06%
SOLV	D	0.05%
TECH	C	0.04%
UPS	D	0.04%
GNTX	D	0.04%
AM	B	0.03%
VIRT	C	0.02%
PINC	D	0.02%

JQUA Underweight 65 Positions Relative to SKF

Symbol	Grade	Weight
JPM	D	-7.27%
BAC	D	-4.46%
WFC	D	-3.19%
C	C	-2.98%
AMT	C	-1.74%
AXP	B	-1.49%
GS	B	-1.34%
USB	C	-1.32%
TFC	D	-1.27%
CME	B	-1.25%
MS	B	-1.19%
PNC	C	-1.13%
PLD	C	-1.0%
SCHW	D	-0.93%
EQIX	B	-0.84%
COF	B	-0.81%
AIG	D	-0.77%
MET	B	-0.69%
BX	C	-0.67%
PRU	C	-0.66%
BK	B	-0.65%
ALL	C	-0.64%
WELL	C	-0.59%
TROW	C	-0.52%
AVB	C	-0.51%
STT	B	-0.5%
SBAC	C	-0.48%
DLR	B	-0.44%
WTW	B	-0.44%
DFS	C	-0.44%
O	B	-0.42%
MSCI	C	-0.4%
NTRS	C	-0.39%
VTR	C	-0.37%
SYF	C	-0.36%
MTB	C	-0.36%
FITB	B	-0.35%
BXP	C	-0.34%
CBRE	B	-0.34%
ESS	C	-0.34%
ARE	C	-0.32%
KEY	C	-0.32%
CFG	D	-0.3%
DOC	B	-0.3%
INVH	D	-0.28%
MKL	C	-0.28%
RF	B	-0.27%
CINF	C	-0.27%
HBAN	B	-0.26%
PFG	B	-0.25%
MKTX	D	-0.24%
WPC	C	-0.24%
SUI	C	-0.24%
L	D	-0.23%
NLY	B	-0.23%
UDR	C	-0.23%
RJF	C	-0.2%
LNC	C	-0.2%
EG	B	-0.19%
MPW	C	-0.19%
ALLY	F	-0.19%
EQH	C	-0.19%
GL	D	-0.18%
REG	C	-0.18%
VNO	B	-0.18%