VUSE vs. HELO ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$61.08

Average Daily Volume

12,197

Number of Holdings ^*

126

* 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	VUSE	HELO
30 Days	5.99%	1.57%
60 Days	7.30%	3.39%
90 Days	9.69%	4.59%
12 Months	26.60%	20.91%

40 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in HELO	Overlap
AAPL	C	1.87%	6.83%	1.87%
ABBV	D	1.01%	1.14%	1.01%
ADBE	C	0.83%	0.18%	0.18%
AMP	A	0.75%	0.2%	0.2%
AMZN	C	2.68%	4.5%	2.68%
ANET	C	0.38%	0.15%	0.15%
AVGO	D	1.72%	1.02%	1.02%
BAC	A	1.97%	1.26%	1.26%
BKNG	A	1.54%	0.75%	0.75%
BSX	B	0.41%	0.52%	0.41%
CMCSA	B	0.13%	0.71%	0.13%
CMG	B	1.25%	0.51%	0.51%
COST	B	0.78%	0.53%	0.53%
CVX	A	2.02%	0.18%	0.18%
EOG	A	0.43%	0.47%	0.43%
FICO	B	0.69%	0.12%	0.12%
GOOGL	C	0.96%	2.09%	0.96%
JNJ	D	1.76%	0.51%	0.51%
KO	D	1.56%	0.63%	0.63%
LLY	F	0.81%	1.07%	0.81%
MA	C	2.08%	1.72%	1.72%
MCD	D	0.94%	0.81%	0.81%
META	D	0.97%	2.9%	0.97%
MO	A	1.0%	0.15%	0.15%
MRK	F	1.49%	0.24%	0.24%
MSFT	F	1.8%	7.13%	1.8%
MSI	B	1.33%	0.17%	0.17%
NOW	A	0.65%	0.94%	0.65%
NRG	B	0.58%	0.04%	0.04%
NVDA	C	1.84%	7.8%	1.84%
ORCL	B	2.4%	0.36%	0.36%
PG	A	1.2%	0.14%	0.14%
SYK	C	0.73%	0.76%	0.73%
T	A	1.1%	0.18%	0.18%
TDG	D	0.52%	0.52%	0.52%
TMUS	B	0.78%	0.17%	0.17%
UBER	D	1.11%	0.58%	0.58%
V	A	2.17%	1.49%	1.49%
VST	B	0.5%	0.1%	0.1%
XOM	B	1.89%	1.43%	1.43%

VUSE Overweight 86 Positions Relative to HELO

Symbol	Grade	Weight
JPM	A	2.09%
WMT	A	2.06%
HD	A	2.05%
NFLX	A	1.44%
ECL	D	1.16%
SNPS	B	1.16%
MAR	B	1.12%
RDDT	B	1.04%
AMAT	F	1.02%
ADP	B	1.02%
SBUX	A	0.98%
TJX	A	0.93%
SHW	A	0.93%
POWL	C	0.87%
FTNT	C	0.81%
IDCC	A	0.8%
EME	C	0.77%
IESC	B	0.74%
AYI	B	0.74%
PIPR	B	0.73%
ITW	B	0.72%
CAT	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
KLAC	D	0.69%
EQH	B	0.66%
WDAY	B	0.66%
AMR	C	0.64%
CVLT	B	0.64%
ZTS	D	0.64%
EXEL	B	0.63%
PLTR	B	0.6%
EPAC	B	0.6%
CTAS	B	0.59%
NYT	C	0.56%
GWW	B	0.56%
FAST	B	0.56%
BOX	B	0.55%
PLMR	B	0.54%
UTHR	C	0.54%
EA	A	0.52%
PAYX	C	0.51%
RMD	C	0.5%
NKE	D	0.5%
ERIE	D	0.5%
LSCC	D	0.5%
ODFL	B	0.5%
IT	C	0.5%
CASH	A	0.48%
YELP	C	0.48%
MSCI	C	0.48%
RMBS	C	0.47%
TREX	C	0.47%
DBRG	F	0.46%
QLYS	C	0.46%
JLL	D	0.46%
PLAB	C	0.46%
MTG	C	0.46%
SHO	C	0.45%
DFIN	D	0.42%
JKHY	D	0.41%
MTD	D	0.39%
CRUS	D	0.37%
ON	D	0.37%
A	D	0.36%
MANH	D	0.35%
OTTR	C	0.35%
CSL	C	0.35%
CRWD	B	0.31%
DOCU	A	0.29%
HCC	B	0.27%
PANW	C	0.26%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
BMI	B	0.23%
VRSK	A	0.22%
TRIP	F	0.21%
PINS	D	0.2%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
SPG	B	0.14%
ABNB	C	0.14%
PSTG	D	0.13%
SEIC	B	0.11%

VUSE Underweight 121 Positions Relative to HELO

Symbol	Grade	Weight
UNH	C	-1.62%
TSLA	B	-1.58%
BRK.A	B	-1.53%
GOOG	C	-1.46%
CRM	B	-1.15%
WFC	A	-1.0%
LOW	D	-0.99%
HON	B	-0.98%
TT	A	-0.96%
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%
GS	A	-0.75%
PGR	A	-0.75%
NXPI	D	-0.72%
ADI	D	-0.72%
MDLZ	F	-0.72%
BMY	B	-0.68%
DE	A	-0.68%
AZO	C	-0.65%
HWM	A	-0.62%
VRTX	F	-0.6%
CME	A	-0.59%
MU	D	-0.57%
TFC	A	-0.56%
UPS	C	-0.54%
FIS	C	-0.52%
INTU	C	-0.51%
PLD	D	-0.5%
OTIS	C	-0.5%
PCG	A	-0.5%
YUM	B	-0.5%
CTSH	B	-0.49%
FITB	A	-0.48%
CPAY	A	-0.47%
CARR	D	-0.46%
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%
STX	D	-0.41%
CSX	B	-0.41%
LDOS	C	-0.39%
DLR	B	-0.39%
VTR	C	-0.39%
ETN	A	-0.38%
LRCX	F	-0.37%
HLT	A	-0.36%
DOW	F	-0.35%
TRV	B	-0.34%
RCL	A	-0.34%
CI	F	-0.34%
FDX	B	-0.33%
USB	A	-0.33%
PM	B	-0.32%
MNST	C	-0.32%
SBAC	D	-0.31%
FANG	D	-0.31%
DIS	B	-0.31%
MET	A	-0.3%
C	A	-0.3%
CHD	B	-0.3%
EXPE	B	-0.29%
TXT	D	-0.29%
WELL	A	-0.27%
KVUE	A	-0.26%
CHTR	C	-0.25%
BKR	B	-0.24%
BURL	A	-0.24%
LYB	F	-0.23%
IR	B	-0.23%
DAL	C	-0.23%
MAS	D	-0.23%
PPG	F	-0.21%
ACN	C	-0.21%
AXP	A	-0.21%
BBY	D	-0.2%
KKR	A	-0.2%
ABT	B	-0.19%
ELS	C	-0.19%
HPE	B	-0.18%
PCAR	B	-0.18%
WDC	D	-0.18%
NOC	D	-0.17%
CDNS	B	-0.17%
UNP	C	-0.17%
MCK	B	-0.16%
MLM	B	-0.16%
HUM	C	-0.16%
LEN	D	-0.14%
MMC	B	-0.14%
TGT	F	-0.14%
SQ	B	-0.14%
URI	B	-0.13%
LULU	C	-0.13%
PFG	D	-0.13%
BIIB	F	-0.12%
NUE	C	-0.11%
HCA	F	-0.11%
DASH	A	-0.11%
CMS	C	-0.1%
APTV	D	-0.1%
WMG	C	-0.1%
NBIX	C	-0.08%
EQIX	A	-0.07%
SIRI	C	-0.07%
EQT	B	-0.06%
BAX	D	-0.06%
MRVL	B	-0.06%
AME	A	-0.06%
EL	F	-0.05%
BMRN	D	-0.03%
SRPT	D	-0.03%
LKQ	D	-0.02%