JTEK vs. QLTY ETF Comparison

Comparison of JPMorgan U.S. Tech Leaders ETF (JTEK) to GMO U.S. Quality ETF (QLTY)

JTEK

JPMorgan U.S. Tech Leaders ETF

JTEK Description

The fund will invest primarily in equity securities issued by technology and technology-enabled companies which the adviser believes are leaders and where the magnitude and/or duration of future growth for these companies is underappreciated by the market.

Grade (RS Rating)

Last Trade

$76.44

Average Daily Volume

83,288

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLTY

GMO U.S. Quality ETF

QLTY Description

QLTY seeks total return by investing in US companies deemed high quality. These companies are defined as having established businesses capable of delivering substantial returns on past investments, utilizing cash flows for high-return investments, or returning cash to shareholders through dividends or share buybacks. The investment strategy combines systematic factors like profitability and leverage, alongside judgmental factors such as assessments of future profitability and growth prospects. It may also use various valuation methodologies, including discounted cash flow analysis and multiples of price-to-earnings, revenues, book values, or other fundamental metrics, to acquire underrated stocks. Additionally, the fund may invest in other ETFs. The fund may also invest in the GMO U.S. Treasury Fund, and money market funds. Investment decisions are not constrained by portfolio turnover rates or benchmark considerations.

Grade (RS Rating)

Last Trade

$32.50

Average Daily Volume

265,587

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JTEK	QLTY
30 Days	7.84%	0.40%
60 Days	12.21%	0.12%
90 Days	12.88%	2.04%
12 Months	39.20%	26.17%

6 Overlapping Holdings

Symbol	Grade	Weight in JTEK	Weight in QLTY	Overlap
AMZN	C	2.94%	2.4%	2.4%
AVGO	D	2.26%	2.45%	2.26%
LRCX	F	1.48%	2.85%	1.48%
META	D	5.02%	4.5%	4.5%
MSFT	D	1.24%	6.46%	1.24%
ORCL	A	4.82%	4.71%	4.71%

JTEK Overweight 51 Positions Relative to QLTY

Symbol	Grade	Weight
NVDA	B	4.65%
TSLA	B	4.53%
NFLX	A	3.64%
GOOG	C	3.6%
TSM	B	3.17%
NOW	A	3.02%
SHOP	B	2.76%
SNPS	B	2.48%
CRDO	B	2.38%
HOOD	B	2.27%
TTD	B	2.13%
ANET	C	2.03%
HUBS	A	2.02%
VEEV	C	1.98%
NU	C	1.91%
BKNG	A	1.88%
TTWO	A	1.79%
APP	B	1.72%
INTU	B	1.71%
AMD	F	1.58%
MELI	C	1.55%
BABA	D	1.48%
TEAM	A	1.46%
MDB	B	1.45%
UBER	F	1.43%
PANW	B	1.41%
WDC	D	1.22%
ON	D	1.18%
GTLB	B	1.12%
MU	D	1.08%
ONTO	F	1.06%
GWRE	A	1.04%
CFLT	B	1.01%
DDOG	A	0.97%
ESTC	C	0.92%
VICR	C	0.87%
MANH	D	0.86%
MPWR	F	0.85%
TER	F	0.81%
SNOW	B	0.8%
CIEN	C	0.71%
SE	A	0.7%
ENTG	D	0.66%
PLTR	B	0.62%
FSLR	F	0.56%
SNAP	D	0.53%
OLED	F	0.53%
ALGM	D	0.52%
PCOR	B	0.43%
ASML	F	0.43%
ADBE	C	0.23%

JTEK Underweight 28 Positions Relative to QLTY

Symbol	Grade	Weight
AAPL	C	-5.33%
GOOGL	C	-4.43%
JNJ	C	-4.24%
ABT	B	-4.17%
UNH	B	-3.62%
TXN	C	-3.53%
ACN	B	-3.3%
V	A	-3.22%
PG	C	-3.2%
ISRG	A	-2.92%
KLAC	F	-2.85%
CRM	B	-2.84%
KO	D	-2.81%
HLT	A	-2.62%
ARMK	B	-2.56%
ELV	F	-2.5%
WFC	A	-2.45%
MRK	D	-2.41%
USB	A	-2.31%
OTIS	C	-2.25%
TJX	A	-2.14%
GE	D	-1.73%
MDLZ	F	-1.72%
LLY	F	-1.61%
STZ	D	-1.59%
CI	D	-1.49%
DGX	A	-1.35%
TMO	F	-0.91%