BBMC vs. IVOO ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) to Vanguard S&P Mid-Cap 400 ETF (IVOO)

BBMC

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

BBMC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® US Mid Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index consists of equity securities primarily traded in the United States and targets those securities that fall between the 85th and 95th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$103.59

Average Daily Volume

37,279

Number of Holdings ^*

571

* may have additional holdings in another (foreign) market

IVOO

Vanguard S&P Mid-Cap 400 ETF

IVOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400® Index. The index measures the performance of mid-capitalization stocks. 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

$113.17

Average Daily Volume

61,743

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	BBMC	IVOO
30 Days	9.15%	7.18%
60 Days	9.85%	7.23%
90 Days	11.48%	8.27%
12 Months	34.64%	33.00%

347 Overlapping Holdings

	Symbol	Grade	Weight in BBMC	Weight in IVOO	Overlap
	AA	B	0.27%	0.36%	0.27%
	AAL	B	0.22%	0.3%	0.22%
	AAON	B	0.22%	0.26%	0.22%
	ACHC	F	0.09%	0.14%	0.09%
	ACM	A	0.37%	0.49%	0.37%
	ADC	B	0.18%	0.26%	0.18%
	AGCO	D	0.15%	0.21%	0.15%
	AIT	A	0.26%	0.31%	0.26%
	ALE	A	0.09%	0.13%	0.09%
	ALGM	D	0.06%	0.11%	0.06%
	ALLY	C	0.24%	0.33%	0.24%
	ALTR	B	0.15%	0.21%	0.15%
	ALV	C	0.17%	0.23%	0.17%
	AM	A	0.13%	0.17%	0.13%
	AMG	B	0.15%	0.2%	0.15%
	AMH	D	0.3%	0.38%	0.3%
	AMKR	D	0.08%	0.1%	0.08%
	AN	C	0.11%	0.14%	0.11%
	ANF	C	0.18%	0.23%	0.18%
	AR	B	0.24%	0.26%	0.24%
	ARMK	B	0.24%	0.34%	0.24%
	ARW	D	0.15%	0.22%	0.15%
	ARWR	F	0.06%	0.08%	0.06%
	ASGN	F	0.1%	0.14%	0.1%
	ASH	D	0.09%	0.14%	0.09%
	ATR	B	0.27%	0.38%	0.27%
	AVNT	B	0.12%	0.15%	0.12%
	AVT	C	0.12%	0.16%	0.12%
	AXTA	A	0.21%	0.29%	0.21%
	AYI	B	0.25%	0.32%	0.25%
	AZTA	D	0.05%	0.07%	0.05%
	BC	C	0.14%	0.18%	0.14%
	BDC	B	0.12%	0.16%	0.12%
	BERY	B	0.19%	0.28%	0.19%
	BHF	B	0.08%	0.1%	0.08%
	BIO	D	0.16%	0.24%	0.16%
	BJ	A	0.27%	0.39%	0.27%
	BKH	A	0.11%	0.14%	0.11%
	BLD	D	0.28%	0.36%	0.28%
	BLKB	B	0.09%	0.1%	0.09%
	BRBR	A	0.24%	0.29%	0.24%
	BRKR	D	0.12%	0.22%	0.12%
	BRX	A	0.22%	0.28%	0.22%
	BWXT	B	0.29%	0.38%	0.29%
	BYD	C	0.12%	0.16%	0.12%
	CACI	D	0.25%	0.42%	0.25%
	CADE	B	0.17%	0.21%	0.17%
	CAR	C	0.04%	0.05%	0.04%
	CASY	A	0.38%	0.5%	0.38%
	CBSH	A	0.23%	0.25%	0.23%
	CBT	C	0.15%	0.2%	0.15%
	CC	C	0.07%	0.09%	0.07%
	CELH	F	0.1%	0.16%	0.1%
	CFR	B	0.21%	0.28%	0.21%
	CGNX	C	0.16%	0.24%	0.16%
	CHDN	B	0.25%	0.35%	0.25%
	CHE	D	0.21%	0.28%	0.21%
	CHH	A	0.1%	0.11%	0.1%
	CHRD	D	0.2%	0.27%	0.2%
	CHX	C	0.15%	0.19%	0.15%
	CIEN	B	0.24%	0.31%	0.24%
	CIVI	D	0.09%	0.15%	0.09%
	CLF	F	0.14%	0.21%	0.14%
	CLH	B	0.31%	0.4%	0.31%
	CMC	B	0.17%	0.21%	0.17%
	CNM	D	0.2%	0.29%	0.2%
	CNXC	F	0.04%	0.07%	0.04%
	COHR	B	0.36%	0.49%	0.36%
	COKE	C	0.16%	0.23%	0.16%
	COLB	A	0.16%	0.21%	0.16%
	COLM	B	0.07%	0.09%	0.07%
	COTY	F	0.07%	0.09%	0.07%
	CPRI	F	0.06%	0.08%	0.06%
	CR	A	0.21%	0.26%	0.21%
	CROX	D	0.15%	0.22%	0.15%
	CRUS	D	0.14%	0.2%	0.14%
	CSL	C	0.51%	0.67%	0.51%
	CUBE	D	0.27%	0.37%	0.27%
	CUZ	B	0.11%	0.16%	0.11%
	CW	B	0.34%	0.45%	0.34%
	CYTK	F	0.15%	0.21%	0.15%
	DAR	C	0.17%	0.21%	0.17%
	DBX	B	0.16%	0.21%	0.16%
	DCI	B	0.23%	0.3%	0.23%
	DINO	D	0.18%	0.22%	0.18%
	DKS	C	0.29%	0.39%	0.29%
	DLB	B	0.11%	0.15%	0.11%
	DOCS	C	0.16%	0.18%	0.16%
	DTM	B	0.25%	0.3%	0.25%
	DUOL	A	0.28%	0.38%	0.28%
	EEFT	B	0.11%	0.14%	0.11%
	EGP	F	0.21%	0.29%	0.21%
	EHC	B	0.25%	0.34%	0.25%
	ELF	C	0.16%	0.2%	0.16%
	EME	C	0.59%	0.72%	0.59%
	ENOV	C	0.06%	0.08%	0.06%
	ENS	D	0.1%	0.13%	0.1%
	ENSG	D	0.2%	0.3%	0.2%
	EPR	D	0.08%	0.12%	0.08%
	ESAB	B	0.17%	0.24%	0.17%
	ESNT	D	0.15%	0.22%	0.15%
	EVR	B	0.27%	0.32%	0.27%
	EXEL	B	0.25%	0.33%	0.25%
	EXLS	B	0.18%	0.23%	0.18%
	EXP	A	0.26%	0.33%	0.26%
	EXPO	D	0.12%	0.17%	0.12%
	FAF	A	0.17%	0.23%	0.17%
	FBIN	D	0.23%	0.36%	0.23%
	FCN	D	0.17%	0.24%	0.17%
	FFIN	B	0.15%	0.16%	0.15%
	FHI	A	0.09%	0.11%	0.09%
	FHN	A	0.28%	0.32%	0.28%
	FIVE	F	0.12%	0.18%	0.12%
	FIX	A	0.4%	0.48%	0.4%
	FLO	D	0.11%	0.15%	0.11%
	FLR	B	0.23%	0.31%	0.23%
	FLS	B	0.2%	0.24%	0.2%
	FN	D	0.21%	0.3%	0.21%
	FNB	A	0.15%	0.18%	0.15%
	FND	C	0.27%	0.38%	0.27%
	FR	C	0.16%	0.24%	0.16%
	FYBR	D	0.16%	0.27%	0.16%
	G	B	0.17%	0.22%	0.17%
	GAP	C	0.12%	0.16%	0.12%
	GATX	A	0.13%	0.17%	0.13%
	GBCI	B	0.16%	0.2%	0.16%
	GEF	A	0.04%	0.06%	0.04%
	GGG	B	0.38%	0.47%	0.38%
	GLPI	C	0.32%	0.47%	0.32%
	GME	C	0.26%	0.3%	0.26%
	GMED	A	0.23%	0.29%	0.23%
	GNTX	C	0.17%	0.24%	0.17%
	GPK	C	0.22%	0.29%	0.22%
	GT	C	0.07%	0.08%	0.07%
	GTLS	B	0.18%	0.18%	0.18%
	GXO	B	0.17%	0.25%	0.17%
	H	B	0.17%	0.23%	0.17%
	HAE	C	0.11%	0.13%	0.11%
	HALO	F	0.14%	0.22%	0.14%
	HGV	B	0.08%	0.08%	0.08%
	HLI	B	0.24%	0.32%	0.24%
	HOG	D	0.11%	0.13%	0.11%
	HOMB	A	0.15%	0.17%	0.15%
	HQY	B	0.22%	0.26%	0.22%
	HRB	D	0.21%	0.29%	0.21%
	HWC	B	0.12%	0.16%	0.12%
	HXL	D	0.12%	0.17%	0.12%
	IBKR	A	0.49%	0.57%	0.49%
	IDA	A	0.15%	0.19%	0.15%
	INGR	B	0.23%	0.3%	0.23%
	IPGP	D	0.06%	0.08%	0.06%
	IRDM	D	0.08%	0.12%	0.08%
	IRT	A	0.12%	0.15%	0.12%
	ITT	A	0.32%	0.39%	0.32%
	JAZZ	B	0.19%	0.23%	0.19%
	JEF	A	0.3%	0.36%	0.3%
	JHG	A	0.14%	0.18%	0.14%
	JLL	D	0.31%	0.44%	0.31%
	KBH	D	0.13%	0.2%	0.13%
	KBR	F	0.2%	0.31%	0.2%
	KD	B	0.16%	0.18%	0.16%
	KEX	C	0.19%	0.23%	0.19%
	KMPR	B	0.11%	0.13%	0.11%
	KNSL	B	0.26%	0.33%	0.26%
	KNX	B	0.21%	0.29%	0.21%
	KRC	C	0.11%	0.15%	0.11%
	KRG	B	0.15%	0.19%	0.15%
	LAD	A	0.26%	0.31%	0.26%
	LAMR	D	0.28%	0.4%	0.28%
	LANC	C	0.09%	0.12%	0.09%
	LEA	D	0.14%	0.18%	0.14%
	LECO	B	0.3%	0.38%	0.3%
	LFUS	F	0.15%	0.21%	0.15%
	LITE	B	0.13%	0.15%	0.13%
	LNTH	D	0.13%	0.26%	0.13%
	LNW	D	0.21%	0.29%	0.21%
	LOPE	B	0.11%	0.14%	0.11%
	LPX	B	0.19%	0.21%	0.19%
	LSCC	D	0.17%	0.24%	0.17%
	LSTR	D	0.16%	0.21%	0.16%
	M	D	0.1%	0.15%	0.1%
	MAN	D	0.07%	0.1%	0.07%
	MANH	D	0.42%	0.56%	0.42%
	MASI	A	0.18%	0.22%	0.18%
	MAT	D	0.16%	0.24%	0.16%
	MEDP	D	0.19%	0.27%	0.19%
	MIDD	C	0.18%	0.24%	0.18%
	MKSI	C	0.16%	0.23%	0.16%
	MMS	F	0.12%	0.18%	0.12%
	MORN	B	0.22%	0.31%	0.22%
	MSA	D	0.16%	0.23%	0.16%
	MSM	C	0.09%	0.12%	0.09%
	MTDR	B	0.17%	0.21%	0.17%
	MTG	C	0.17%	0.22%	0.17%
	MTN	C	0.17%	0.21%	0.17%
	MTSI	B	0.18%	0.22%	0.18%
	MTZ	B	0.21%	0.26%	0.21%
	MUR	D	0.13%	0.15%	0.13%
	MUSA	A	0.26%	0.31%	0.26%
	NEOG	F	0.08%	0.1%	0.08%
	NEU	C	0.1%	0.14%	0.1%
	NFG	A	0.14%	0.19%	0.14%
	NJR	A	0.12%	0.16%	0.12%
	NNN	D	0.2%	0.27%	0.2%
	NOV	C	0.16%	0.21%	0.16%
	NOVT	D	0.15%	0.21%	0.15%
	NSA	D	0.08%	0.1%	0.08%
	NSP	D	0.07%	0.1%	0.07%
	NVST	B	0.09%	0.12%	0.09%
	NVT	B	0.3%	0.43%	0.3%
	NWE	B	0.08%	0.11%	0.08%
	NXST	C	0.13%	0.18%	0.13%
	NYT	C	0.21%	0.31%	0.21%
	OGE	B	0.22%	0.28%	0.22%
	OGS	A	0.1%	0.14%	0.1%
	OHI	C	0.24%	0.38%	0.24%
	OLED	D	0.2%	0.27%	0.2%
	OLLI	D	0.14%	0.19%	0.14%
	OLN	D	0.12%	0.17%	0.12%
	ONB	B	0.17%	0.21%	0.17%
	ONTO	D	0.2%	0.34%	0.2%
	OPCH	D	0.09%	0.14%	0.09%
	ORA	B	0.11%	0.15%	0.11%
	ORI	A	0.24%	0.29%	0.24%
	OSK	B	0.18%	0.23%	0.18%
	OVV	B	0.3%	0.36%	0.3%
	OZK	B	0.13%	0.16%	0.13%
	PAG	B	0.08%	0.1%	0.08%
	PB	A	0.2%	0.24%	0.2%
	PBF	D	0.08%	0.1%	0.08%
	PCH	D	0.08%	0.1%	0.08%
	PCTY	B	0.21%	0.28%	0.21%
	PEN	B	0.22%	0.31%	0.22%
	PFGC	B	0.33%	0.44%	0.33%
	PII	D	0.09%	0.13%	0.09%
	PLNT	A	0.21%	0.23%	0.21%
	PNFP	B	0.24%	0.28%	0.24%
	PNM	F	0.11%	0.14%	0.11%
	POR	C	0.12%	0.17%	0.12%
	POST	C	0.15%	0.18%	0.15%
	POWI	D	0.09%	0.12%	0.09%
	PPC	C	0.05%	0.07%	0.05%
	PR	B	0.24%	0.3%	0.24%
	PRGO	B	0.09%	0.12%	0.09%
	PRI	A	0.26%	0.32%	0.26%
	PSN	D	0.11%	0.17%	0.11%
	PSTG	D	0.38%	0.53%	0.38%
	PVH	C	0.14%	0.19%	0.14%
	QLYS	C	0.13%	0.15%	0.13%
	R	B	0.18%	0.22%	0.18%
	RBC	A	0.23%	0.28%	0.23%
	RCM	F	0.06%	0.08%	0.06%
	REXR	F	0.22%	0.32%	0.22%
	RGEN	D	0.16%	0.24%	0.16%
	RGLD	C	0.24%	0.33%	0.24%
	RH	B	0.12%	0.16%	0.12%
	RLI	B	0.18%	0.22%	0.18%
	RMBS	C	0.14%	0.18%	0.14%
	RNR	C	0.34%	0.47%	0.34%
	ROIV	C	0.12%	0.17%	0.12%
	RPM	A	0.44%	0.56%	0.44%
	RRC	B	0.21%	0.25%	0.21%
	RRX	B	0.29%	0.38%	0.29%
	RS	B	0.43%	0.54%	0.43%
	RYAN	B	0.18%	0.23%	0.18%
	RYN	D	0.1%	0.14%	0.1%
	SAIA	B	0.34%	0.45%	0.34%
	SAIC	F	0.15%	0.25%	0.15%
	SAM	C	0.07%	0.09%	0.07%
	SCI	B	0.31%	0.41%	0.31%
	SEIC	B	0.23%	0.25%	0.23%
	SF	B	0.29%	0.37%	0.29%
	SFM	A	0.36%	0.44%	0.36%
	SHC	F	0.04%	0.08%	0.04%
	SIGI	C	0.15%	0.19%	0.15%
	SKX	D	0.2%	0.28%	0.2%
	SLAB	D	0.08%	0.12%	0.08%
	SLGN	A	0.11%	0.14%	0.11%
	SLM	A	0.13%	0.17%	0.13%
	SMG	D	0.08%	0.13%	0.08%
	SNV	B	0.2%	0.25%	0.2%
	SNX	C	0.14%	0.3%	0.14%
	SON	D	0.12%	0.18%	0.12%
	SR	A	0.1%	0.13%	0.1%
	SRPT	D	0.24%	0.41%	0.24%
	SSB	B	0.2%	0.26%	0.2%
	SSD	D	0.19%	0.26%	0.19%
	ST	F	0.12%	0.18%	0.12%
	STAG	F	0.17%	0.23%	0.17%
	STWD	C	0.15%	0.22%	0.15%
	SWX	B	0.11%	0.15%	0.11%
	SYNA	C	0.07%	0.09%	0.07%
	TDC	D	0.07%	0.11%	0.07%
	TEX	D	0.09%	0.12%	0.09%
	THC	D	0.37%	0.51%	0.37%
	THG	A	0.15%	0.18%	0.15%
	THO	B	0.14%	0.19%	0.14%
	TKO	B	0.22%	0.27%	0.22%
	TKR	D	0.13%	0.18%	0.13%
	TMHC	B	0.17%	0.25%	0.17%
	TNL	A	0.09%	0.12%	0.09%
	TOL	B	0.39%	0.52%	0.39%
	TPX	B	0.23%	0.29%	0.23%
	TREX	C	0.18%	0.27%	0.18%
	TTC	D	0.21%	0.29%	0.21%
	TTEK	F	0.27%	0.45%	0.27%
	TXRH	C	0.33%	0.44%	0.33%
	UA	C	0.03%	0.04%	0.03%
	UAA	C	0.05%	0.06%	0.05%
	UBSI	B	0.14%	0.18%	0.14%
	UFPI	B	0.2%	0.26%	0.2%
	UGI	A	0.13%	0.18%	0.13%
	UMBF	B	0.14%	0.17%	0.14%
	UNM	A	0.32%	0.38%	0.32%
	USFD	A	0.38%	0.52%	0.38%
	UTHR	C	0.34%	0.57%	0.34%
	VAC	B	0.07%	0.08%	0.07%
	VAL	D	0.08%	0.12%	0.08%
	VC	D	0.06%	0.09%	0.06%
	VLY	B	0.11%	0.14%	0.11%
	VMI	B	0.17%	0.22%	0.17%
	VNT	B	0.15%	0.2%	0.15%
	VOYA	B	0.2%	0.27%	0.2%
	VVV	F	0.14%	0.18%	0.14%
	WAL	B	0.24%	0.31%	0.24%
	WBS	A	0.26%	0.31%	0.26%
	WCC	B	0.23%	0.3%	0.23%
	WEN	D	0.07%	0.11%	0.07%
	WEX	D	0.19%	0.24%	0.19%
	WFRD	D	0.15%	0.2%	0.15%
	WH	B	0.19%	0.24%	0.19%
	WHR	B	0.15%	0.2%	0.15%
	WING	D	0.24%	0.29%	0.24%
	WMG	C	0.11%	0.16%	0.11%
	WMS	D	0.24%	0.36%	0.24%
	WSM	B	0.41%	0.59%	0.41%
	WTFC	A	0.21%	0.27%	0.21%
	WTRG	B	0.24%	0.33%	0.24%
	WTS	B	0.14%	0.18%	0.14%
	WU	D	0.09%	0.13%	0.09%
	WWD	B	0.24%	0.34%	0.24%
	X	C	0.21%	0.3%	0.21%
	XPO	B	0.42%	0.52%	0.42%
	XRAY	F	0.1%	0.16%	0.1%
	YETI	C	0.08%	0.1%	0.08%
	ZI	D	0.07%	0.11%	0.07%
	ZION	B	0.22%	0.26%	0.22%

BBMC Overweight 224 Positions Relative to IVOO

	Symbol	Grade	Weight
	MSTR	C	1.69%
	APP	B	1.55%
	CVNA	B	0.7%
	DKNG	B	0.51%
	NTRA	B	0.47%
	HOOD	B	0.45%
	NTNX	A	0.42%
	GWRE	A	0.41%
	TOST	B	0.41%
	TW	A	0.38%
	AFRM	B	0.36%
	SOFI	A	0.36%
	JBL	B	0.35%
	TPR	B	0.33%
	NDSN	B	0.33%
	CHRW	C	0.32%
	OWL	A	0.29%
	AIZ	A	0.29%
	GNRC	B	0.28%
	NCLH	B	0.28%
	CTLT	B	0.27%
	ALSN	B	0.26%
	PNW	B	0.26%
	ERIE	D	0.26%
	MLI	C	0.25%
	MKTX	D	0.25%
	GL	B	0.25%
	HSIC	B	0.24%
	LBRDK	C	0.24%
	PCVX	D	0.24%
	IOT	A	0.24%
	CMA	A	0.23%
	SOLV	C	0.23%
	FRT	B	0.23%
	AOS	F	0.22%
	ROKU	D	0.22%
	RL	B	0.21%
	BILL	A	0.21%
	BWA	D	0.2%
	DVA	B	0.2%
	ITCI	C	0.2%
	MTCH	D	0.2%
	HAS	D	0.2%
	AGNC	D	0.19%
	RVMD	C	0.19%
	CZR	F	0.19%
	RHI	B	0.19%
	SMAR	A	0.19%
	JXN	C	0.18%
	BBWI	D	0.18%
	ATI	D	0.18%
	S	B	0.18%
	RIVN	F	0.18%
	ESTC	C	0.18%
	MHK	D	0.18%
	ELAN	D	0.17%
	CWST	A	0.17%
	APG	B	0.17%
	AZEK	A	0.17%
	AWI	A	0.17%
	AXS	A	0.17%
	WSC	D	0.17%
	ALK	C	0.17%
	BPOP	B	0.17%
	FRPT	B	0.17%
	BECN	B	0.17%
	FMC	D	0.17%
	GTLB	B	0.17%
	BFAM	D	0.16%
	OMF	A	0.16%
	SITE	D	0.16%
	BMI	B	0.16%
	CFLT	B	0.16%
	ESI	A	0.16%
	SPSC	C	0.16%
	MTH	D	0.16%
	VFC	C	0.16%
	RHP	B	0.16%
	HRI	B	0.15%
	EPRT	B	0.15%
	LNC	B	0.15%
	ETSY	D	0.15%
	COOP	B	0.15%
	PCOR	B	0.15%
	PARA	C	0.15%
	FOUR	B	0.15%
	MMSI	B	0.15%
	LYFT	C	0.15%
	UHAL	D	0.15%
	EDR	A	0.14%
	GPI	A	0.14%
	SKY	A	0.14%
	FSS	B	0.14%
	PATH	C	0.14%
	BPMC	C	0.14%
	COLD	D	0.14%
	IVZ	B	0.14%
	BCPC	B	0.14%
	ZWS	B	0.14%
	TRNO	F	0.14%
	SUM	B	0.14%
	ACA	A	0.13%
	SEE	C	0.13%
	AL	B	0.13%
	VKTX	F	0.13%
	SM	B	0.13%
	RDN	C	0.13%
	ABG	B	0.13%
	INSP	D	0.13%
	BE	B	0.12%
	WK	B	0.12%
	ALKS	B	0.12%
	MGY	A	0.12%
	PECO	A	0.12%
	MDGL	B	0.12%
	WTM	A	0.12%
	TENB	C	0.12%
	AGO	B	0.12%
	IBP	D	0.12%
	BOX	B	0.12%
	IONS	F	0.12%
	SIG	B	0.11%
	FELE	B	0.11%
	SANM	B	0.11%
	OGN	D	0.1%
	GTES	A	0.1%
	CRSP	D	0.1%
	FUL	F	0.1%
	PBH	A	0.1%
	AEIS	B	0.1%
	NSIT	F	0.1%
	SMPL	B	0.09%
	ASO	F	0.09%
	MDU	D	0.09%
	NWL	B	0.09%
	CCOI	B	0.09%
	DXC	B	0.09%
	APLE	B	0.09%
	PEGA	A	0.09%
	IAC	D	0.09%
	SPR	D	0.09%
	AXSM	B	0.09%
	RARE	D	0.09%
	MSGS	A	0.09%
	ESGR	B	0.09%
	RUSHA	C	0.09%
	SEM	B	0.09%
	JBT	B	0.09%
	AVA	A	0.08%
	PTEN	C	0.08%
	AWR	B	0.08%
	BTU	B	0.08%
	ALIT	C	0.08%
	ATKR	C	0.08%
	HUN	F	0.08%
	DNB	B	0.08%
	SXT	B	0.08%
	OTTR	C	0.08%
	HP	B	0.08%
	CRVL	A	0.08%
	ENV	B	0.08%
	HL	D	0.08%
	RIG	D	0.08%
	INFA	D	0.08%
	CRC	B	0.08%
	CNS	B	0.07%
	BOKF	B	0.07%
	CACC	D	0.07%
	PENN	C	0.07%
	FIVN	C	0.07%
	DV	C	0.07%
	TNET	D	0.07%
	PFSI	D	0.07%
	CWT	D	0.07%
	BL	B	0.07%
	BXMT	C	0.07%
	HI	C	0.06%
	IPAR	B	0.06%
	ADTN	A	0.06%
	CWEN	C	0.06%
	KWR	C	0.06%
	ACLS	F	0.06%
	PINC	B	0.06%
	IRTC	D	0.06%
	AAP	C	0.06%
	DIOD	D	0.06%
	HHH	B	0.06%
	JJSF	B	0.06%
	MPW	F	0.06%
	FOLD	F	0.06%
	FRHC	B	0.05%
	GOLF	B	0.05%
	LCID	F	0.05%
	ACAD	D	0.05%
	FLYW	C	0.05%
	APLS	D	0.05%
	DJT	C	0.04%
	EVH	F	0.04%
	LTH	C	0.04%
	LBRDA	C	0.04%
	REYN	D	0.04%
	IMVT	F	0.04%
	SGRY	F	0.04%
	MP	B	0.04%
	CLVT	F	0.04%
	ADNT	F	0.04%
	DDS	B	0.04%
	FIZZ	C	0.03%
	PGNY	F	0.03%
	MODG	F	0.03%
	CRK	B	0.03%
	WOR	F	0.03%
	PYCR	C	0.03%
	TXG	F	0.03%
	SEDG	F	0.02%
	SEB	F	0.02%
	TFSL	A	0.02%
	WOLF	F	0.02%
	CWEN	C	0.02%
	NFE	D	0.02%
	ACT	D	0.02%
	RUSHB	B	0.01%
	UHAL	D	0.01%
	PLTK	B	0.01%

BBMC Underweight 45 Positions Relative to IVOO

	Symbol	Grade	Weight
	ILMN	D	-0.79%
	TPL	A	-0.76%
	LII	A	-0.67%
	WSO	A	-0.57%
	DT	C	-0.55%
	RBA	A	-0.54%
	FNF	B	-0.54%
	BURL	A	-0.54%
	OC	A	-0.53%
	AVTR	F	-0.52%
	EQH	B	-0.5%
	DOCU	A	-0.49%
	RGA	A	-0.48%
	EWBC	A	-0.47%
	ELS	C	-0.45%
	BMRN	D	-0.43%
	NBIX	C	-0.42%
	WPC	D	-0.42%
	CCK	C	-0.38%
	CG	A	-0.36%
	CNH	C	-0.34%
	AFG	A	-0.32%
	HLNE	B	-0.25%
	CVLT	B	-0.24%
	VNO	B	-0.24%
	SRCL	C	-0.2%
	KNF	A	-0.19%
	CNX	A	-0.18%
	BCO	D	-0.16%
	SBRA	C	-0.16%
	APPF	B	-0.16%
	WLK	D	-0.15%
	CNO	A	-0.13%
	ASB	B	-0.12%
	TCBI	B	-0.12%
	CDP	C	-0.12%
	AMED	F	-0.11%
	IBOC	A	-0.11%
	LIVN	F	-0.1%
	PK	B	-0.1%
	GHC	C	-0.1%
	CXT	B	-0.09%
	JWN	C	-0.08%
	VSH	D	-0.07%
	CRI	D	-0.07%

BBMC: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Software - Infrastructure Oil & Gas E&P Specialty Chemicals Specialty Retail Asset Management Building Materials Business Services Information Technology Services Packaged Foods Packaging & Containers Semiconductors Capital Markets Engineering & Construction Leisure REIT - Industrial Apparel Manufacturing

Keywords: Banking Natural Gas Mining Bank Insurance Chemical Real Estate Investment Trust Computing S&P 500 Electronics Aerospace Construction Medicine Semiconductor Transport Biopharmaceutical Biotechnology Electricity Plastic Supply Chain Management

IVOO: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Biotechnology Software - Application Business Services Oil & Gas E&P Specialty Chemicals Asset Management Packaging & Containers Semiconductors Building Materials Diagnostics & Research Engineering & Construction Specialty Retail Apparel Manufacturing Medical Care Packaged Foods REIT - Diversified REIT - Industrial Scientific & Technical Instruments

Keywords: Bank Banking Mining Chemical Natural Gas Insurance Real Estate Investment Trust Electronics Aerospace Semiconductor Computing Supply Chain Management Beverage Construction Deposit Products Telecommunications Biotechnology Commercial Banking Insurance Products Building Materials