VALQ vs. JPST ETF Comparison

Comparison of American Century STOXX U.S. Quality Value ETF (VALQ) to JPMorgan Ultra-Short Income ETF (JPST)

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.52

Average Daily Volume

5,193,763

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	VALQ	JPST
30 Days	3.97%	0.31%
60 Days	4.17%	0.48%
90 Days	6.47%	1.11%
12 Months	28.71%	6.00%

16 Overlapping Holdings

Symbol	Grade	Weight in VALQ	Weight in JPST	Overlap
AAPL	C	2.63%	0.12%	0.12%
ABBV	D	1.67%	0.04%	0.04%
BK	A	0.1%	0.01%	0.01%
BMY	B	0.82%	0.01%	0.01%
CAG	D	0.08%	0.13%	0.08%
CAT	B	0.2%	0.01%	0.01%
CI	F	0.66%	0.08%	0.08%
CSL	C	0.09%	0.01%	0.01%
ETN	A	1.87%	0.02%	0.02%
GILD	C	0.11%	0.13%	0.11%
GM	B	0.1%	0.1%	0.1%
IBM	C	2.04%	0.01%	0.01%
KR	B	0.23%	0.07%	0.07%
LDOS	C	0.09%	0.26%	0.09%
MMM	D	0.11%	0.01%	0.01%
STT	A	0.09%	0.08%	0.08%

VALQ Overweight 225 Positions Relative to JPST

Symbol	Grade	Weight
CMCSA	B	2.31%
MSI	B	2.23%
AMZN	C	2.22%
WMT	A	2.19%
NFLX	A	1.99%
HD	A	1.96%
INGR	B	1.94%
KMB	D	1.91%
EBAY	D	1.88%
CTAS	B	1.84%
APH	A	1.76%
SPG	B	1.76%
HPQ	B	1.72%
CL	D	1.71%
KO	D	1.66%
CLX	B	1.55%
VLTO	D	1.55%
TXN	C	1.48%
TGT	F	1.47%
JLL	D	1.45%
MAS	D	1.21%
UBER	D	1.19%
OC	A	1.15%
LYB	F	1.14%
BBY	D	1.12%
TOL	B	1.07%
PG	A	1.07%
OTIS	C	1.03%
SFM	A	1.02%
GPC	D	0.93%
TPR	B	0.92%
ITW	B	0.91%
MTD	D	0.88%
LECO	B	0.86%
CAH	B	0.84%
CTSH	B	0.8%
PYPL	B	0.8%
SEIC	B	0.76%
CSCO	B	0.72%
DOX	D	0.68%
NVT	B	0.68%
IVZ	B	0.64%
GOOGL	C	0.62%
DCI	B	0.61%
MO	A	0.56%
ALLE	D	0.55%
HRB	D	0.54%
NYT	C	0.53%
QCOM	F	0.52%
AYI	B	0.51%
FFIV	B	0.51%
REYN	D	0.46%
ECL	D	0.45%
MTG	C	0.42%
CBT	C	0.41%
NTAP	C	0.41%
HUBB	B	0.41%
G	B	0.39%
ZM	B	0.38%
DBX	B	0.38%
FLS	B	0.36%
AZEK	A	0.33%
SHW	A	0.33%
DOCU	A	0.33%
ARW	D	0.32%
GWW	B	0.32%
AMCR	D	0.31%
SM	B	0.3%
JBL	B	0.29%
NOVT	D	0.29%
WSM	B	0.29%
QLYS	C	0.28%
APP	B	0.27%
TT	A	0.26%
PH	A	0.26%
MSFT	F	0.26%
FICO	B	0.25%
FLO	D	0.23%
NEU	C	0.23%
COLM	B	0.21%
MPC	D	0.21%
BRBR	A	0.2%
ADSK	A	0.2%
ORI	A	0.19%
UHS	D	0.19%
DVA	B	0.19%
JEF	A	0.19%
CRUS	D	0.18%
NSIT	F	0.18%
LEN	D	0.17%
LAMR	D	0.17%
TJX	A	0.17%
CR	A	0.17%
DDS	B	0.16%
DPZ	C	0.16%
SYY	B	0.15%
PPG	F	0.15%
GAP	C	0.15%
ROST	C	0.15%
EXEL	B	0.14%
UTHR	C	0.14%
ALSN	B	0.14%
LFUS	F	0.14%
ANF	C	0.14%
WING	D	0.13%
EXPE	B	0.13%
AMKR	D	0.13%
IDXX	F	0.13%
EME	C	0.13%
TWLO	A	0.13%
PEGA	A	0.12%
DKS	C	0.12%
SYF	B	0.12%
SNA	A	0.11%
FTNT	C	0.11%
MLI	C	0.11%
GL	B	0.11%
AXS	A	0.11%
AIT	A	0.11%
BKNG	A	0.11%
UNM	A	0.11%
GDDY	A	0.1%
STLD	B	0.1%
AXTA	A	0.1%
PKG	A	0.1%
FOXA	B	0.1%
VMI	B	0.1%
TAP	C	0.1%
TXRH	C	0.1%
META	D	0.1%
NTRS	A	0.1%
RHI	B	0.1%
THC	D	0.1%
RL	B	0.1%
INCY	C	0.1%
EPAM	C	0.1%
BYD	C	0.1%
EVR	B	0.1%
TRMB	B	0.1%
KEYS	A	0.09%
RMD	C	0.09%
AVGO	D	0.09%
BWA	D	0.09%
MSM	C	0.09%
BRK.A	B	0.09%
TMHC	B	0.09%
DLB	B	0.09%
ADBE	C	0.09%
VRSN	F	0.09%
INFA	D	0.09%
CACI	D	0.09%
L	A	0.09%
COR	B	0.09%
JKHY	D	0.09%
DGX	A	0.09%
FIZZ	C	0.09%
MANH	D	0.09%
OMC	C	0.09%
PGR	A	0.09%
LMT	D	0.09%
JAZZ	B	0.09%
TROW	B	0.09%
BMI	B	0.09%
RGA	A	0.09%
ALL	A	0.09%
SWKS	F	0.09%
HIG	B	0.09%
MCK	B	0.09%
FDX	B	0.09%
CMC	B	0.09%
EA	A	0.09%
AIZ	A	0.09%
EHC	B	0.09%
OMF	A	0.09%
HPE	B	0.09%
ALKS	B	0.09%
FIS	C	0.09%
WTS	B	0.09%
CHTR	C	0.09%
USFD	A	0.09%
AMG	B	0.09%
MHK	D	0.08%
COKE	C	0.08%
AMAT	F	0.08%
GIS	D	0.08%
AN	C	0.08%
KBH	D	0.08%
EG	C	0.08%
TXT	D	0.08%
VLO	C	0.08%
NXST	C	0.08%
JNJ	D	0.08%
PHM	D	0.08%
MAT	D	0.08%
EEFT	B	0.08%
POST	C	0.08%
EXPD	D	0.08%
PVH	C	0.08%
SAIC	F	0.08%
NVR	D	0.08%
BERY	B	0.08%
PARA	C	0.08%
ADTN	A	0.08%
SSNC	B	0.08%
TSN	B	0.08%
K	A	0.08%
CCK	C	0.08%
TER	D	0.07%
KLAC	D	0.07%
IQV	D	0.07%
ALLY	C	0.07%
MEDP	D	0.07%
SWK	D	0.07%
CPB	D	0.07%
SKX	D	0.07%
MMS	F	0.07%
LRCX	F	0.07%
AOS	F	0.07%
TKR	D	0.07%
IGT	F	0.07%
AKAM	D	0.07%
CROX	D	0.06%
ELV	F	0.06%
CNC	D	0.06%
QRVO	F	0.05%

VALQ Underweight 95 Positions Relative to JPST

Symbol	Grade	Weight
CASH	A	-2.2%
TMO	F	-0.74%
AZN	D	-0.57%
EQH	B	-0.35%
KDP	D	-0.31%
CCEP	C	-0.3%
ATO	A	-0.3%
MCD	D	-0.29%
BXMT	C	-0.25%
SNX	C	-0.23%
TDY	B	-0.22%
HART	D	-0.19%
BA	F	-0.18%
D	C	-0.17%
OGS	A	-0.17%
VZ	C	-0.16%
ETR	B	-0.16%
T	A	-0.14%
CNP	B	-0.14%
DB	D	-0.13%
SO	D	-0.11%
WFC	A	-0.11%
VTRS	A	-0.1%
FITB	A	-0.1%
HUM	C	-0.09%
WEC	A	-0.09%
MLM	B	-0.09%
JBHT	C	-0.09%
IFF	D	-0.08%
DT	C	-0.08%
NEM	D	-0.08%
DUK	C	-0.08%
CFG	B	-0.07%
BX	A	-0.07%
HSBC	B	-0.07%
SBUX	A	-0.06%
BG	F	-0.06%
ACR	A	-0.06%
SEB	F	-0.06%
XOM	B	-0.06%
AEP	D	-0.05%
MS	A	-0.05%
AL	B	-0.05%
BHF	B	-0.04%
ORCL	B	-0.04%
KKR	A	-0.04%
MDLZ	F	-0.04%
COF	B	-0.04%
PL	A	-0.04%
ARES	A	-0.03%
CHD	B	-0.03%
R	B	-0.03%
ROP	B	-0.03%
NEE	D	-0.03%
BCC	B	-0.03%
BMO	A	-0.03%
HON	B	-0.02%
WLK	D	-0.02%
MSC	C	-0.02%
AZO	C	-0.02%
GSK	F	-0.02%
DIS	B	-0.02%
AER	B	-0.02%
BNS	A	-0.02%
EPD	A	-0.01%
ABT	B	-0.01%
PFE	D	-0.01%
ICE	C	-0.01%
MCO	B	-0.01%
DHR	F	-0.01%
PSX	C	-0.01%
SCHW	B	-0.01%
PNC	B	-0.01%
UNH	C	-0.01%
AXP	A	-0.01%
PM	B	-0.01%
HBAN	A	-0.01%
ES	D	-0.01%
JXN	C	-0.01%
MET	A	-0.01%
UBS	C	-0.01%
BAC	A	-0.01%
RY	A	-0.01%
TFC	A	-0.01%
DE	A	-0.01%
KEY	B	-0.01%
MUFG	B	-0.01%
GS	A	-0.01%
NWG	C	-0.01%
TD	F	-0.01%
PFG	D	-0.01%
CM	A	-0.01%
USB	A	-0.01%
C	A	-0.01%
AIG	B	-0.01%