JQUA

JPMorgan U.S. Quality Factor

JQUA tracks an index of US large-cap equities that are selected and weighted by three quality factors: profitability, quality of earnings, and solvency. lf


6.0%

ALTAR Score™
Trend in ALTAR Score™
Percentile: 50th

NEUTRAL

Recommendation
 
Fund Basics
Fund sponsorJPMorgan
CategoryUS Equities
Asset classEquity
Websitelink...
Inception dateNov 08, 2017
Assets (mns)$52
Expense ratio12 bp
CurrencyUSD
Constituent Breakdown
No. of constituents229
Herfindahl-Hirschman Index 82
Wgt avg mkt cap (mns)$163,856
Large cap (>$10bn)88.6%
Mid cap ($2-10bn)11.4%
Small cap (<$2bn)0.0%
Developed mkts.100.0%
Emerging mkts.0.0%
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Stock selectionFundamental
WeightingProprietary
Smart-betaYes
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
MICROSOFT CORP 2.2 %
VISA INC-CLASS A SHARES 2.2 %
APPLE INC 2.0 %
CISCO SYSTEMS INC 1.9 %
JOHNSON & JOHNSON 1.9 %
ALPHABET INC. CLASS A 1.8 %
MASTERCARD INC-CLASS A 1.7 %
FACEBOOK 1.7 %
HOME DEPOT INC 1.6 %
PFIZER INC 1.6 %
Sector Breakdown
Country Exposure
UNITED STATES 96.4 %
IRELAND 1.1 %
BRITAIN 0.5 %
NETHERLANDS 0.3 %
SWITZERLAND 0.3 %
Historical Performance


Standardized Annual Returns (as of 04/30/2019)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
17.2% 15.2% 0.0% 0.0% 0.0% 0.0% 11.0%
Market Correlations
versus...BetaR-squared
S&P 5000.8696%
MSCI EAFE0.8671%
MSCI Emg Mkts0.5849%
Liquidity Measures
Avg. volume (000)11
Turnover0.6%
Avg. Bid/Ask (% of price)0.13%
ADV of underlying (mns)$75,349
Technical Indicators
Recent close$27.92
30d moving avg.$28.52
Annualized volatility13.1%
Relative strength (RSI)41
Short interest (ETF)0.6%
Short interest (underlying)0.0%
Distributions
Total Cost of Ownership Detail
  JQUA Difference
Fund expenses -- --
Bid/Ask spread -- --
Round-trip commission -- -- --
Total Cost of Ownership -- -- --

Total Cost of Ownership over Time


Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Alternative ETFs
Ticker Fund Name Overlap
vs. JQUA
Expenses
vs. JQUA
ALTAR Score™
vs. JQUA
OQAL Oppenheimer Russell 1000 Quality Factor 56.2% +7 bp -0.2%
FQAL Fidelity Quality Factor 55.6% +17 bp +0.1%
QUS SPDR MSCI USA Quality Mix 54.4% +3 bp +0.2%
FLQL Franklin LibertyQ U.S. Equity 52.6% +13 bp +0.6%
DYNF BlackRock U.S. Equity Factor Rotation 50.8% +18 bp +0.3%
OMFL Oppenheimer Russell 1000 Dynamic Multifactor 50.5% +17 bp -0.9%
VOOG Vanguard S&P 500 Growth 49.7% +3 bp -1.1%
SPYG SPDR Portfolio S&P 500 Growth 49.7% -8 bp -1.0%
IVW iShares S&P 500 Growth 49.7% +6 bp -1.2%
OVOL Oppenheimer Russell 1000 Low Volatility Factor 49.7% +7 bp +0.0%
QARP Xtrackers Russell 1000 US QARP 49.4% +7 bp +0.9%
IWL iShares Russell Top 200 49.2% +3 bp 0.0%
IUSG iShares Core U.S. Growth 48.6% -8 bp -1.0%
OEF iShares S&P 100 48.5% +8 bp -0.2%
SPXN ProShares S&P 500 Ex-Financials 48.4% +15 bp +0.1%
MGC Vanguard Mega Cap 300 ETF 48.2% -5 bp +0.1%
DSI iShares MSCI KLD 400 Social 47.8% +13 bp -0.3%
USSG Xtrackers MSCI USA ESG Leaders Equity 47.7% -2 bp -0.1%
SUSL iShares ESG MSCI USA Leaders 47.7% +3 bp -0.1%
IWF iShares Russell 1000 Growth 47.5% +8 bp -0.6%

Content on this tab for Individual & Professional subscribers only

Results & Estimates
  2014 2015 2016 2017 2018 2019E 2020E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only

Valuation Metrics
  2018 2019E 2020E
Price-to-sales --x --x --x
Price-to-earnings --x --x --x
Price-to-cash flow --x --x --x
Price-to-growth --x --x --x
Price-to-book value --x --x --x
Yield --% --% --%

Some content on this tab for Individual & Professional subscribers only

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

JQUA

6.0%

Cat. Avg

6.0%

Fund Category: US Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™6.0%
Recommendation

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

Category Overview
There are 678 funds in the US Equities category, with an average ALTAR Score™ of 6.0% and a standard deviation of 2.4%. JQUA's ALTAR Score™ is approximately 0.0 standard deviations above the category average. This places JQUA in the 50th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Breakdown
Composite
JQUA
Peer Average
SELL
U/W
HOLD
O/W
BUY



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Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

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Where to Trade JQUA
Commission
on JQUA1
# of Commission
-free ETFs2
 
$0.00 2,326
$0.00 2,102
$0.00 500
$1.00 54
$4.95 357
$4.95 114
$6.95 308
$6.95 291
Notes: 1. Commission of $0.00 indicates the fund is on the firm's recently published "Commission Free" list. Non-zero commissions represent each firm's standard commission rate based on our periodic review of firms' websites. Your commission may vary depending on account type and other factors. "Commission Free" ETF trades may be subject to additional requirements including minimum holding periods. 2. Not a complete list. Subject to change.
Portfolio composition files licensed from DTCC. Fundamental data for individual fund constituents sourced from FactSet Research Systems.