VO vs. HELO ETF Comparison

Comparison of Vanguard Mid-Cap ETF - DNQ (VO) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

VO

Vanguard Mid-Cap ETF - DNQ

VO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. 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.

Grade (RS Rating)

Last Trade

$281.84

Average Daily Volume

578,616

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

HELO Description

The fund seeks to provide capital appreciation through participation in the broad equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. The fund uses an enhanced index strategy to invest in equity securities similar to those in the S&P 500 Index, which primarily consist of common stocks of large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$62.66

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	VO	HELO
30 Days	5.97%	1.57%
60 Days	7.54%	3.39%
90 Days	10.26%	4.59%
12 Months	32.89%	20.91%

59 Overlapping Holdings

Symbol	Grade	Weight in VO	Weight in HELO	Overlap
AME	A	0.51%	0.06%	0.06%
AMP	A	0.61%	0.2%	0.2%
APTV	D	0.18%	0.1%	0.1%
AZO	C	0.31%	0.65%	0.31%
BAX	D	0.22%	0.06%	0.06%
BBY	D	0.21%	0.2%	0.2%
BIIB	F	0.31%	0.12%	0.12%
BKR	B	0.46%	0.24%	0.24%
BMRN	D	0.15%	0.03%	0.03%
BURL	A	0.19%	0.24%	0.19%
CARR	D	0.76%	0.46%	0.46%
CHD	B	0.3%	0.3%	0.3%
CMS	C	0.25%	0.1%	0.1%
CPAY	A	0.26%	0.47%	0.26%
CTSH	B	0.45%	0.49%	0.45%
DAL	C	0.45%	0.23%	0.23%
DASH	A	0.62%	0.11%	0.11%
DLR	B	0.71%	0.39%	0.39%
DOW	F	0.42%	0.35%	0.35%
EL	F	0.09%	0.05%	0.05%
EQT	B	0.13%	0.06%	0.06%
EXPE	B	0.24%	0.29%	0.24%
FANG	D	0.41%	0.31%	0.31%
FICO	B	0.56%	0.12%	0.12%
FIS	C	0.59%	0.52%	0.52%
FITB	A	0.36%	0.48%	0.36%
HLT	A	0.35%	0.36%	0.35%
HPE	B	0.31%	0.18%	0.18%
HWM	A	0.49%	0.62%	0.49%
IR	B	0.47%	0.23%	0.23%
KVUE	A	0.53%	0.26%	0.26%
LDOS	C	0.15%	0.39%	0.15%
LEN	D	0.02%	0.14%	0.02%
LEN	D	0.5%	0.14%	0.14%
LULU	C	0.41%	0.13%	0.13%
LYB	F	0.27%	0.23%	0.23%
MAS	D	0.21%	0.23%	0.21%
MLM	B	0.44%	0.16%	0.16%
MRVL	B	0.42%	0.06%	0.06%
MSI	B	0.91%	0.17%	0.17%
NUE	C	0.41%	0.11%	0.11%
OTIS	C	0.48%	0.5%	0.48%
PCAR	B	0.66%	0.18%	0.18%
PCG	A	0.51%	0.5%	0.5%
PFG	D	0.23%	0.13%	0.13%
PPG	F	0.35%	0.21%	0.21%
RCL	A	0.55%	0.34%	0.34%
SBAC	D	0.3%	0.31%	0.3%
SQ	B	0.49%	0.14%	0.14%
STX	D	0.26%	0.41%	0.26%
TDG	D	0.84%	0.52%	0.52%
TXT	D	0.18%	0.29%	0.18%
URI	B	0.65%	0.13%	0.13%
VST	B	0.52%	0.1%	0.1%
VTR	C	0.33%	0.39%	0.33%
WDC	D	0.27%	0.18%	0.18%
WELL	A	1.0%	0.27%	0.27%
WMG	C	0.05%	0.1%	0.05%
YUM	B	0.45%	0.5%	0.45%

VO Overweight 247 Positions Relative to HELO

Symbol	Grade	Weight
PLTR	B	1.02%
CEG	D	1.01%
APH	A	0.98%
CTAS	B	0.86%
AJG	B	0.75%
OKE	A	0.69%
APO	B	0.69%
NEM	D	0.64%
O	D	0.63%
TTD	B	0.63%
ALL	A	0.6%
DHI	D	0.6%
GWW	B	0.59%
LHX	C	0.57%
CMI	A	0.55%
WCN	A	0.55%
PWR	A	0.54%
PEG	A	0.54%
CPRT	A	0.54%
FAST	B	0.54%
PRU	A	0.53%
MSCI	C	0.52%
CTVA	C	0.51%
LNG	B	0.5%
GEV	B	0.5%
CBRE	B	0.49%
COR	B	0.49%
EXC	C	0.48%
MCHP	D	0.48%
EA	A	0.48%
ODFL	B	0.47%
VRT	B	0.47%
VRSK	A	0.47%
GIS	D	0.46%
GEHC	F	0.46%
A	D	0.46%
IT	C	0.45%
SYY	B	0.45%
DDOG	A	0.45%
XEL	A	0.45%
DFS	B	0.45%
HES	B	0.45%
VMC	B	0.44%
KR	B	0.44%
IRM	D	0.44%
GLW	B	0.44%
MPWR	F	0.43%
ED	D	0.43%
ACGL	D	0.43%
RMD	C	0.43%
IQV	D	0.43%
ALNY	D	0.42%
EXR	D	0.42%
HPQ	B	0.42%
IDXX	F	0.41%
NDAQ	A	0.41%
CNC	D	0.4%
EFX	F	0.4%
WAB	B	0.4%
ETR	B	0.4%
WMB	A	0.39%
HIG	B	0.39%
MTB	A	0.39%
COIN	C	0.38%
DD	D	0.38%
AVB	B	0.38%
EIX	B	0.38%
TEAM	A	0.37%
WEC	A	0.37%
ON	D	0.37%
ROK	B	0.37%
VEEV	C	0.37%
GRMN	B	0.37%
WTW	B	0.37%
XYL	D	0.36%
ARES	A	0.36%
CSGP	D	0.36%
VICI	C	0.36%
TSCO	D	0.35%
RBLX	C	0.34%
ANSS	B	0.34%
EBAY	D	0.34%
DXCM	D	0.34%
PHM	D	0.33%
AWK	D	0.33%
TTWO	A	0.33%
HUBS	A	0.33%
RJF	A	0.33%
MTD	D	0.33%
KEYS	A	0.32%
DOV	A	0.32%
SPG	B	0.32%
HSY	F	0.32%
STT	A	0.32%
ADM	D	0.32%
CAH	B	0.32%
NVR	D	0.32%
JCI	C	0.31%
NET	B	0.31%
EQR	B	0.31%
IFF	D	0.31%
UAL	A	0.31%
TYL	B	0.31%
AIG	B	0.3%
TROW	B	0.3%
BR	A	0.3%
D	C	0.3%
FTV	C	0.3%
CDW	F	0.3%
GDDY	A	0.29%
ES	D	0.29%
NTAP	C	0.29%
BRO	B	0.29%
VLTO	D	0.29%
FTNT	C	0.29%
DVN	F	0.29%
PPL	B	0.28%
FE	C	0.28%
ILMN	D	0.28%
KMI	A	0.28%
AEE	A	0.28%
DTE	C	0.27%
STE	F	0.27%
CINF	A	0.27%
HAL	C	0.27%
K	A	0.27%
WST	C	0.27%
CBOE	B	0.27%
HBAN	A	0.27%
WY	D	0.27%
LPLA	A	0.26%
GPN	B	0.26%
TDY	B	0.26%
MSTR	C	0.26%
ZBH	C	0.26%
SYF	B	0.26%
RF	A	0.26%
PKG	A	0.25%
CCL	B	0.25%
ARE	D	0.24%
CLX	B	0.24%
TRU	D	0.24%
ZBRA	B	0.24%
MKC	D	0.24%
OMC	C	0.24%
FSLR	F	0.24%
EW	C	0.24%
HOLX	D	0.23%
MRNA	F	0.23%
MDB	C	0.23%
APP	B	0.23%
DRI	B	0.23%
MKL	A	0.23%
LYV	A	0.23%
LVS	C	0.23%
LH	C	0.23%
CNP	B	0.23%
WAT	B	0.23%
PINS	D	0.23%
NTRS	A	0.23%
IP	B	0.23%
MOH	F	0.22%
CFG	B	0.22%
WBD	C	0.22%
BALL	D	0.22%
ESS	B	0.22%
INVH	D	0.22%
TRGP	B	0.22%
LUV	C	0.22%
DGX	A	0.21%
FDS	B	0.21%
SNOW	C	0.21%
TER	D	0.21%
SNA	A	0.21%
J	F	0.21%
DG	F	0.21%
ULTA	F	0.21%
ZM	B	0.21%
MAA	B	0.21%
WRB	A	0.2%
ZS	C	0.2%
SUI	D	0.2%
AVY	D	0.2%
TSN	B	0.2%
EXPD	D	0.2%
CTRA	B	0.2%
AKAM	D	0.19%
EG	C	0.19%
LNT	A	0.19%
MRO	B	0.19%
FNF	B	0.19%
IBKR	A	0.19%
GPC	D	0.19%
KEY	B	0.19%
AVTR	F	0.18%
HEI	B	0.18%
DPZ	C	0.18%
SMCI	F	0.18%
CVNA	B	0.18%
ALGN	D	0.18%
SSNC	B	0.18%
RVTY	F	0.18%
VRSN	F	0.18%
L	A	0.18%
JBHT	C	0.18%
TW	A	0.18%
TRMB	B	0.18%
CF	B	0.18%
GEN	B	0.18%
ROL	B	0.17%
CE	F	0.17%
VTRS	A	0.17%
CAG	D	0.17%
SWKS	F	0.17%
SWK	D	0.17%
SNAP	C	0.16%
NWSA	B	0.16%
DLTR	F	0.16%
WPC	D	0.15%
TPL	A	0.14%
HUBB	B	0.14%
OKTA	C	0.14%
ENPH	F	0.13%
STLD	B	0.12%
FOXA	B	0.12%
HEI	B	0.12%
RPRX	D	0.12%
CPB	D	0.11%
HRL	D	0.11%
DOC	D	0.1%
NI	A	0.1%
PODD	C	0.1%
BSY	D	0.09%
CRBG	B	0.08%
POOL	C	0.08%
EVRG	A	0.08%
UDR	B	0.08%
ALB	C	0.07%
INCY	C	0.07%
FOX	A	0.05%
MGM	D	0.05%
BEN	C	0.04%
WBA	F	0.04%
RKT	F	0.03%
WLK	D	0.03%
AGR	B	0.03%
NWS	B	0.01%

VO Underweight 103 Positions Relative to HELO

Symbol	Grade	Weight
NVDA	C	-7.8%
MSFT	F	-7.13%
AAPL	C	-6.83%
AMZN	C	-4.5%
META	D	-2.9%
GOOGL	C	-2.09%
MA	C	-1.72%
UNH	C	-1.62%
TSLA	B	-1.58%
BRK.A	B	-1.53%
V	A	-1.49%
GOOG	C	-1.46%
XOM	B	-1.43%
BAC	A	-1.26%
CRM	B	-1.15%
ABBV	D	-1.14%
LLY	F	-1.07%
AVGO	D	-1.02%
WFC	A	-1.0%
LOW	D	-0.99%
HON	B	-0.98%
TT	A	-0.96%
NOW	A	-0.94%
TMO	F	-0.89%
TXN	C	-0.87%
SO	D	-0.84%
NEE	D	-0.83%
PEP	F	-0.83%
LIN	D	-0.82%
COP	C	-0.81%
MCD	D	-0.81%
SYK	C	-0.76%
BKNG	A	-0.75%
GS	A	-0.75%
PGR	A	-0.75%
NXPI	D	-0.72%
ADI	D	-0.72%
MDLZ	F	-0.72%
CMCSA	B	-0.71%
BMY	B	-0.68%
DE	A	-0.68%
KO	D	-0.63%
VRTX	F	-0.6%
CME	A	-0.59%
UBER	D	-0.58%
MU	D	-0.57%
TFC	A	-0.56%
UPS	C	-0.54%
COST	B	-0.53%
BSX	B	-0.52%
INTU	C	-0.51%
CMG	B	-0.51%
JNJ	D	-0.51%
PLD	D	-0.5%
EOG	A	-0.47%
MDT	D	-0.46%
REGN	F	-0.45%
AMD	F	-0.45%
DHR	F	-0.44%
AON	A	-0.44%
ROST	C	-0.44%
SCHW	B	-0.42%
CSX	B	-0.41%
ETN	A	-0.38%
LRCX	F	-0.37%
ORCL	B	-0.36%
TRV	B	-0.34%
CI	F	-0.34%
FDX	B	-0.33%
USB	A	-0.33%
PM	B	-0.32%
MNST	C	-0.32%
DIS	B	-0.31%
MET	A	-0.3%
C	A	-0.3%
CHTR	C	-0.25%
MRK	F	-0.24%
ACN	C	-0.21%
AXP	A	-0.21%
KKR	A	-0.2%
ABT	B	-0.19%
ELS	C	-0.19%
CVX	A	-0.18%
ADBE	C	-0.18%
T	A	-0.18%
NOC	D	-0.17%
CDNS	B	-0.17%
UNP	C	-0.17%
TMUS	B	-0.17%
MCK	B	-0.16%
HUM	C	-0.16%
MO	A	-0.15%
ANET	C	-0.15%
PG	A	-0.14%
MMC	B	-0.14%
TGT	F	-0.14%
HCA	F	-0.11%
NBIX	C	-0.08%
EQIX	A	-0.07%
SIRI	C	-0.07%
NRG	B	-0.04%
SRPT	D	-0.03%
LKQ	D	-0.02%