VAW vs. JPME ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$209.38

Average Daily Volume

29,620

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$108.81

Average Daily Volume

10,059

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	VAW	JPME
30 Days	-0.97%	3.84%
60 Days	1.66%	4.75%
90 Days	3.21%	6.36%
12 Months	19.64%	28.81%

31 Overlapping Holdings

Symbol	Grade	Weight in VAW	Weight in JPME	Overlap
ASH	F	0.28%	0.26%	0.26%
ATR	B	0.78%	0.01%	0.01%
AVY	F	1.17%	0.3%	0.3%
CC	C	0.19%	0.0%	0.0%
CE	F	0.96%	0.19%	0.19%
CF	A	1.05%	0.41%	0.41%
CLF	F	0.43%	0.28%	0.28%
CTVA	C	2.98%	0.3%	0.3%
EMN	C	0.87%	0.39%	0.39%
ESI	B	0.44%	0.39%	0.39%
EXP	B	0.68%	0.21%	0.21%
FMC	D	0.57%	0.21%	0.21%
HUN	F	0.25%	0.22%	0.22%
IFF	D	1.78%	0.29%	0.29%
IP	A	1.29%	0.45%	0.45%
LPX	B	0.45%	0.27%	0.27%
LYB	F	1.59%	0.31%	0.31%
MOS	F	0.6%	0.29%	0.29%
NEU	D	0.27%	0.3%	0.27%
NUE	C	2.39%	0.31%	0.31%
OLN	F	0.34%	0.28%	0.28%
PKG	A	1.44%	0.41%	0.41%
RGLD	C	0.5%	0.29%	0.29%
RPM	A	1.15%	0.41%	0.41%
RS	B	1.15%	0.37%	0.37%
SLGN	A	0.31%	0.1%	0.1%
SMG	C	0.26%	0.25%	0.25%
SON	F	0.36%	0.14%	0.14%
STLD	B	1.37%	0.42%	0.42%
WLK	D	0.36%	0.31%	0.31%
X	B	0.61%	0.33%	0.33%

VAW Overweight 85 Positions Relative to JPME

Symbol	Grade	Weight
LIN	C	15.38%
SHW	B	6.06%
APD	A	4.84%
FCX	F	4.54%
ECL	D	4.43%
NEM	D	3.68%
MLM	C	2.56%
VMC	B	2.54%
DOW	F	2.44%
DD	C	2.43%
PPG	F	2.05%
SW	A	1.88%
BALL	F	1.29%
AMCR	C	1.13%
CCK	D	0.79%
ALB	B	0.68%
AA	A	0.66%
GPK	C	0.61%
AXTA	B	0.59%
BERY	C	0.56%
CRS	B	0.49%
ATI	C	0.46%
CMC	B	0.43%
CBT	D	0.42%
SUM	B	0.41%
BCPC	B	0.38%
KNF	B	0.37%
SEE	C	0.37%
AVNT	B	0.3%
FUL	F	0.28%
HL	D	0.27%
HCC	B	0.23%
SLVM	B	0.21%
IOSP	C	0.19%
SXT	C	0.19%
ARCH	B	0.18%
CDE	C	0.18%
MTX	B	0.17%
MP	C	0.16%
AMR	C	0.16%
MTRN	C	0.15%
HWKN	B	0.15%
KWR	C	0.15%
PRM	C	0.13%
OI	C	0.12%
PCT	C	0.11%
GEF	A	0.11%
SCL	C	0.11%
NGVT	B	0.1%
TROX	D	0.1%
WS	C	0.09%
USLM	A	0.09%
ASPN	F	0.08%
KALU	C	0.08%
CENX	B	0.07%
TRS	B	0.07%
MATV	D	0.06%
SXC	A	0.06%
OEC	C	0.06%
RYI	C	0.05%
KOP	C	0.05%
IE	C	0.05%
ECVT	C	0.05%
GATO	C	0.05%
ASIX	B	0.05%
HAYN	A	0.05%
PTVE	B	0.04%
MTUS	C	0.04%
ZEUS	C	0.03%
MYE	F	0.03%
LXU	B	0.03%
CLW	F	0.03%
RDUS	B	0.03%
CMP	C	0.03%
PLL	C	0.02%
IPI	C	0.02%
MERC	F	0.02%
KRO	C	0.02%
PACK	B	0.02%
METC	C	0.02%
AVD	C	0.01%
TSE	F	0.01%
ORGN	D	0.01%
FEAM	F	0.0%
DNMR	F	0.0%

VAW Underweight 307 Positions Relative to JPME

Symbol	Grade	Weight
APP	B	-1.27%
VST	A	-0.71%
CIEN	C	-0.51%
ALSN	B	-0.51%
SYF	B	-0.51%
DTM	A	-0.5%
UNM	A	-0.5%
TRGP	A	-0.49%
JEF	A	-0.49%
KMI	A	-0.48%
AMP	A	-0.48%
CMI	A	-0.47%
WMB	A	-0.47%
PWR	A	-0.46%
OMF	A	-0.45%
OKE	A	-0.45%
NRG	B	-0.45%
ETR	B	-0.45%
CBRE	B	-0.44%
LNG	A	-0.44%
TPL	A	-0.44%
SNA	A	-0.44%
GRMN	B	-0.44%
TPR	B	-0.43%
FCNCA	A	-0.43%
TXRH	B	-0.43%
GWW	B	-0.43%
EXEL	B	-0.43%
HUBB	B	-0.43%
USFD	A	-0.43%
INGR	C	-0.42%
EHC	B	-0.42%
ATO	A	-0.42%
TOL	B	-0.42%
PPC	C	-0.42%
UTHR	C	-0.42%
CSL	C	-0.42%
KR	B	-0.42%
TAP	C	-0.42%
RGA	A	-0.41%
MRO	B	-0.41%
CLH	C	-0.41%
HBAN	A	-0.41%
CASY	A	-0.41%
NI	A	-0.41%
SPG	A	-0.41%
PEG	A	-0.41%
OC	A	-0.41%
XEL	A	-0.41%
LDOS	C	-0.41%
FAST	B	-0.41%
EVRG	A	-0.4%
CACI	D	-0.4%
OGE	A	-0.4%
CAH	B	-0.4%
BRX	A	-0.4%
AM	A	-0.4%
THC	D	-0.4%
LITE	B	-0.4%
PR	B	-0.4%
ORI	A	-0.4%
PFGC	B	-0.4%
PCG	A	-0.39%
DGX	A	-0.39%
WEC	A	-0.39%
AME	A	-0.39%
TYL	B	-0.39%
IRM	C	-0.39%
PNW	A	-0.39%
COR	B	-0.39%
PPL	A	-0.39%
LAMR	C	-0.39%
CHTR	C	-0.39%
JNPR	D	-0.38%
OHI	C	-0.38%
VTRS	A	-0.38%
IT	C	-0.38%
AFL	B	-0.38%
DECK	A	-0.38%
K	A	-0.38%
DVA	C	-0.38%
LNT	A	-0.38%
FANG	C	-0.38%
EME	A	-0.38%
JLL	D	-0.38%
HIG	B	-0.38%
AVB	B	-0.38%
UGI	C	-0.37%
DTE	C	-0.37%
REG	A	-0.37%
NVR	D	-0.37%
SPB	C	-0.37%
FYBR	C	-0.37%
MTG	C	-0.37%
ROKU	D	-0.37%
AJG	A	-0.37%
CMS	C	-0.37%
MANH	D	-0.37%
PHM	D	-0.37%
VVV	D	-0.36%
RMD	C	-0.36%
GLPI	C	-0.36%
LEN	D	-0.36%
NXST	C	-0.36%
EIX	B	-0.36%
DKS	D	-0.36%
NFG	A	-0.36%
TSN	B	-0.36%
BRBR	A	-0.36%
KIM	A	-0.36%
TKR	D	-0.35%
CLX	A	-0.35%
ED	C	-0.35%
PAG	B	-0.35%
FE	C	-0.35%
CNM	D	-0.35%
CUBE	C	-0.35%
GGG	B	-0.35%
POST	C	-0.35%
DINO	D	-0.35%
SSNC	B	-0.35%
CBOE	C	-0.35%
TSCO	D	-0.34%
ANSS	B	-0.34%
COKE	C	-0.34%
BLDR	D	-0.34%
NTAP	C	-0.34%
HPE	B	-0.34%
KVUE	A	-0.33%
MSM	C	-0.33%
CHE	D	-0.33%
CTRA	B	-0.33%
EPR	C	-0.33%
DHI	F	-0.33%
UHS	D	-0.33%
VICI	C	-0.33%
GEN	B	-0.33%
HRB	D	-0.33%
PK	C	-0.33%
CHD	A	-0.33%
BG	D	-0.33%
STE	D	-0.32%
LH	B	-0.32%
AN	C	-0.32%
CPB	D	-0.32%
JBL	C	-0.32%
HST	C	-0.32%
GIS	D	-0.32%
HOLX	D	-0.32%
FBIN	D	-0.32%
ESS	B	-0.31%
ROST	D	-0.31%
WSM	C	-0.31%
WY	F	-0.31%
EG	C	-0.31%
RBC	A	-0.31%
MTB	A	-0.31%
CAG	F	-0.31%
MAS	D	-0.31%
HIW	C	-0.3%
LECO	C	-0.3%
GNTX	C	-0.3%
BPOP	C	-0.3%
ACI	C	-0.3%
LSTR	D	-0.3%
AR	B	-0.3%
HPQ	B	-0.3%
DOX	D	-0.3%
EQR	C	-0.29%
A	D	-0.29%
KRC	B	-0.29%
SJM	D	-0.29%
MOH	F	-0.29%
RRC	B	-0.29%
HSIC	C	-0.29%
BBY	D	-0.29%
ADM	D	-0.29%
SAM	C	-0.28%
VEEV	C	-0.28%
EXC	C	-0.28%
SNX	D	-0.28%
MEDP	D	-0.28%
SAIC	F	-0.28%
IQV	F	-0.28%
MKC	C	-0.28%
OMC	C	-0.28%
WST	C	-0.28%
AOS	F	-0.28%
STAG	D	-0.28%
PAYX	B	-0.27%
DVN	F	-0.27%
OVV	B	-0.27%
BYD	B	-0.27%
MPWR	F	-0.27%
INCY	C	-0.27%
CRUS	D	-0.27%
R	B	-0.27%
FRPT	A	-0.27%
SYY	D	-0.27%
TER	F	-0.27%
HRL	D	-0.26%
DRI	B	-0.26%
FLO	D	-0.26%
CDW	F	-0.26%
AMH	C	-0.26%
JAZZ	B	-0.26%
MAA	B	-0.25%
CNC	D	-0.25%
NBIX	C	-0.25%
UI	B	-0.25%
QGEN	D	-0.25%
RVTY	F	-0.25%
L	A	-0.25%
HAL	C	-0.25%
CWEN	C	-0.24%
IRDM	D	-0.24%
SWKS	F	-0.24%
AGO	B	-0.24%
ON	D	-0.24%
IDA	A	-0.24%
MGM	D	-0.23%
STWD	C	-0.23%
EGP	D	-0.23%
FR	D	-0.23%
DLB	B	-0.22%
CROX	D	-0.22%
WPC	C	-0.22%
NNN	C	-0.22%
PRI	B	-0.22%
EXPD	C	-0.22%
MCHP	F	-0.21%
HSY	F	-0.21%
RPRX	D	-0.21%
CPT	B	-0.2%
BRKR	D	-0.2%
AFG	A	-0.19%
FITB	B	-0.19%
FNF	B	-0.18%
GLW	B	-0.18%
REYN	D	-0.18%
REXR	F	-0.18%
NVT	B	-0.18%
FRT	B	-0.18%
BKR	A	-0.18%
RF	A	-0.17%
KEYS	A	-0.17%
ITT	A	-0.17%
BRO	B	-0.17%
ACHC	F	-0.17%
SLM	A	-0.17%
ELAN	D	-0.16%
SCI	B	-0.15%
CUZ	B	-0.15%
AXS	A	-0.15%
APA	D	-0.14%
AVT	C	-0.14%
PINC	B	-0.14%
DFS	B	-0.14%
M	F	-0.14%
RYN	D	-0.14%
BAH	F	-0.14%
POOL	C	-0.13%
WEN	D	-0.13%
TXT	D	-0.13%
WTM	A	-0.13%
BWA	D	-0.13%
THO	B	-0.13%
AKAM	D	-0.12%
QRVO	F	-0.12%
CFG	B	-0.11%
ALLY	C	-0.11%
KEY	B	-0.1%
CXT	C	-0.1%
ACGL	C	-0.1%
NSA	C	-0.09%
XRAY	F	-0.09%
LBRDK	C	-0.09%
AYI	B	-0.09%
ZION	B	-0.09%
TFX	F	-0.08%
PB	B	-0.07%
GEHC	D	-0.07%
TNL	A	-0.07%
RHI	C	-0.07%
FNB	A	-0.07%
CMA	B	-0.07%
TECH	F	-0.06%
CNXC	F	-0.06%
NDSN	B	-0.06%
GO	C	-0.06%
IEX	C	-0.05%
NVST	B	-0.05%
PFG	D	-0.05%
HXL	F	-0.05%
CR	A	-0.05%
WU	F	-0.04%
CRI	F	-0.04%
BIIB	F	-0.04%
VIRT	A	-0.04%
IPG	D	-0.03%
ADTN	A	-0.03%
FTRE	D	-0.03%
PAYC	B	-0.03%
HOG	D	-0.02%
AEE	A	-0.02%
KSS	F	-0.01%
CNA	C	-0.0%