USMV vs. JGRO ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to JPMorgan Active Growth ETF (JGRO)

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

JGRO

JPMorgan Active Growth ETF

JGRO Description

JPMorgan Active Growth ETF is an exchange traded fund launched and managed by J.P. Morgan Investment Management Inc. It invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures to create its portfolio. It invests in growth stocks of large-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs proprietary research to create its portfolio. JPMorgan Active Growth ETF was formed on August 8, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$80.92

Average Daily Volume

456,688

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	USMV	JGRO
30 Days	1.70%	4.02%
60 Days	2.42%	5.72%
90 Days	4.02%	7.35%
12 Months	25.63%	38.25%

35 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in JGRO	Overlap
AAPL	C	0.99%	7.14%	0.99%
ABT	B	0.09%	0.26%	0.09%
ALNY	D	0.22%	0.28%	0.22%
AMZN	C	0.14%	6.39%	0.14%
ANET	C	0.29%	0.78%	0.29%
APH	A	1.44%	0.29%	0.29%
AVGO	D	1.19%	2.48%	1.19%
AZO	C	0.98%	0.34%	0.34%
BAH	F	0.39%	0.32%	0.32%
BRK.A	B	1.55%	0.49%	0.49%
CRM	B	0.05%	0.22%	0.05%
CRWD	B	0.19%	0.24%	0.19%
EOG	A	0.17%	0.38%	0.17%
FICO	B	0.59%	0.36%	0.36%
GOOG	C	0.16%	4.59%	0.16%
GRMN	B	0.33%	0.41%	0.33%
HD	A	0.3%	0.54%	0.3%
HUBS	A	0.24%	0.71%	0.24%
IBM	C	1.66%	0.46%	0.46%
KO	D	0.1%	0.55%	0.1%
LLY	F	1.25%	3.1%	1.25%
MA	C	0.7%	2.81%	0.7%
MCD	D	1.25%	0.42%	0.42%
MCK	B	1.35%	0.7%	0.7%
MELI	D	0.18%	0.41%	0.18%
MSFT	F	1.34%	7.34%	1.34%
NOW	A	0.75%	1.0%	0.75%
NVDA	C	0.67%	10.41%	0.67%
ORCL	B	1.31%	1.75%	1.31%
PGR	A	1.67%	0.51%	0.51%
REGN	F	0.59%	0.9%	0.59%
SNPS	B	0.18%	0.58%	0.18%
TJX	A	0.45%	0.62%	0.45%
UBER	D	0.45%	0.87%	0.45%
UNH	C	1.34%	0.19%	0.19%

USMV Overweight 135 Positions Relative to JGRO

Symbol	Grade	Weight
TMUS	B	1.95%
MSI	B	1.81%
WMT	A	1.78%
WCN	A	1.56%
RSG	A	1.55%
DUK	C	1.49%
CSCO	B	1.47%
CB	C	1.47%
WM	A	1.44%
NOC	D	1.43%
TXN	C	1.39%
VZ	C	1.35%
SO	D	1.35%
ROP	B	1.3%
ACN	C	1.29%
AJG	B	1.27%
PG	A	1.23%
JNJ	D	1.18%
TRV	B	1.15%
ED	D	1.13%
MMC	B	1.11%
ABBV	D	1.04%
MRK	F	1.01%
PEP	F	1.01%
GDDY	A	1.0%
GILD	C	0.94%
V	A	0.9%
EA	A	0.89%
FCNCA	A	0.88%
CBOE	B	0.85%
LMT	D	0.82%
K	A	0.8%
WEC	A	0.78%
CTSH	B	0.76%
T	A	0.74%
TSN	B	0.71%
VRTX	F	0.69%
FI	A	0.69%
ORLY	B	0.68%
ACGL	D	0.68%
COR	B	0.67%
GIS	D	0.66%
VRSN	F	0.64%
KR	B	0.61%
AMGN	D	0.59%
KDP	D	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FANG	D	0.55%
FFIV	B	0.55%
MPC	D	0.54%
INCY	C	0.53%
AON	A	0.53%
CME	A	0.53%
PTC	A	0.52%
ELV	F	0.52%
YUM	B	0.5%
BMY	B	0.49%
XEL	A	0.46%
NEM	D	0.46%
JNPR	F	0.45%
XOM	B	0.45%
MDLZ	F	0.44%
WDAY	B	0.43%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
CL	D	0.41%
CHD	B	0.4%
HUM	C	0.4%
CMCSA	B	0.39%
AEP	D	0.39%
AKAM	D	0.39%
KHC	F	0.38%
WTW	B	0.38%
CTVA	C	0.38%
ROL	B	0.36%
IT	C	0.35%
AFG	A	0.35%
GEN	B	0.35%
CDW	F	0.35%
CVX	A	0.34%
MKL	A	0.34%
CPB	D	0.33%
AIZ	A	0.32%
NBIX	C	0.32%
WMB	A	0.31%
WRB	A	0.31%
GLW	B	0.31%
FWONK	B	0.31%
HSY	F	0.3%
ICE	C	0.28%
L	A	0.28%
HON	B	0.25%
AEE	A	0.24%
ADI	D	0.23%
D	C	0.23%
AZPN	A	0.23%
NTAP	C	0.22%
BMRN	D	0.22%
HRL	D	0.21%
CI	F	0.21%
KMB	D	0.21%
TW	A	0.2%
DTE	C	0.2%
PKG	A	0.2%
PFE	D	0.2%
DPZ	C	0.19%
CMS	C	0.19%
CDNS	B	0.18%
MOH	F	0.18%
HOLX	D	0.16%
LIN	D	0.16%
STX	D	0.16%
UTHR	C	0.14%
MDT	D	0.13%
DELL	C	0.12%
HIG	B	0.12%
OXY	D	0.12%
DGX	A	0.11%
LNT	A	0.1%
RTX	C	0.09%
ADP	B	0.09%
OTIS	C	0.07%
TEL	B	0.07%
ATO	A	0.06%
PSX	C	0.06%
FSLR	F	0.06%
KNX	B	0.06%
VLO	C	0.05%
BR	A	0.05%
GD	F	0.05%
ULTA	F	0.04%
CVS	D	0.04%

USMV Underweight 70 Positions Relative to JGRO

Symbol	Grade	Weight
META	D	-5.32%
NFLX	A	-2.32%
ISRG	A	-1.88%
TSLA	B	-1.62%
BX	A	-1.22%
KKR	A	-1.16%
PWR	A	-1.15%
INTU	C	-1.13%
TT	A	-1.07%
DASH	A	-1.02%
PANW	C	-1.0%
GS	A	-0.95%
BKNG	A	-0.94%
DHI	D	-0.86%
TSM	B	-0.74%
TTD	B	-0.73%
MMM	D	-0.72%
VRT	B	-0.68%
SPOT	B	-0.58%
IBKR	A	-0.56%
TDG	D	-0.54%
SBUX	A	-0.54%
NTRA	B	-0.51%
MCO	B	-0.51%
ETN	A	-0.51%
FTI	A	-0.48%
ITT	A	-0.46%
AME	A	-0.45%
CPRT	A	-0.44%
TMO	F	-0.43%
IR	B	-0.42%
LRCX	F	-0.4%
PYPL	B	-0.37%
TEAM	A	-0.37%
TTWO	A	-0.37%
GWW	B	-0.34%
HUBB	B	-0.32%
ENTG	D	-0.3%
ON	D	-0.29%
STZ	D	-0.29%
TER	D	-0.27%
JBHT	C	-0.26%
SHOP	B	-0.25%
ELF	C	-0.24%
MDB	C	-0.24%
HLT	A	-0.23%
EXP	A	-0.23%
GEV	B	-0.22%
ITCI	C	-0.22%
APP	B	-0.22%
POOL	C	-0.2%
SAIA	B	-0.19%
COP	C	-0.19%
MTD	D	-0.16%
IQV	D	-0.15%
SNOW	C	-0.15%
AL	B	-0.15%
CMG	B	-0.13%
BABA	D	-0.12%
EXAS	D	-0.11%
LNG	B	-0.08%
EW	C	-0.08%
CELH	F	-0.07%
MNST	C	-0.06%
SQ	B	-0.06%
ASML	F	-0.05%
FCX	D	-0.05%
ADBE	C	-0.04%
AMD	F	-0.03%
ABNB	C	-0.02%