BBMC vs. IVOV ETF Comparison

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

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

$94.45

Average Daily Volume

30,267

Number of Holdings ^*

576

* may have additional holdings in another (foreign) market

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOV Description

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

$95.75

Average Daily Volume

14,011

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	BBMC	IVOV
30 Days	4.70%	4.32%
60 Days	4.31%	5.34%
90 Days	7.52%	9.83%
12 Months	23.36%	22.57%

253 Overlapping Holdings

	Symbol	Grade	Weight in BBMC	Weight in IVOV	Overlap
	AA	D	0.2%	0.43%	0.2%
	ACM	B	0.36%	0.49%	0.36%
	ADC	C	0.2%	0.51%	0.2%
	ADNT	F	0.05%	0.17%	0.05%
	AGCO	D	0.16%	0.43%	0.16%
	ALE	B	0.1%	0.27%	0.1%
	ALGM	F	0.05%	0.11%	0.05%
	ALLY	F	0.3%	0.9%	0.3%
	ALV	F	0.19%	0.21%	0.19%
	AM	C	0.14%	0.15%	0.14%
	AMG	C	0.15%	0.43%	0.15%
	AMH	C	0.35%	0.34%	0.34%
	AMKR	F	0.1%	0.25%	0.1%
	AN	D	0.12%	0.34%	0.12%
	AR	F	0.21%	0.62%	0.21%
	ARMK	B	0.27%	0.66%	0.27%
	ARW	C	0.19%	0.48%	0.19%
	ASGN	D	0.12%	0.32%	0.12%
	ASH	D	0.11%	0.35%	0.11%
	ATR	B	0.28%	0.29%	0.28%
	AVNT	B	0.11%	0.3%	0.11%
	AVT	C	0.13%	0.36%	0.13%
	AYI	B	0.22%	0.28%	0.22%
	AZTA	F	0.06%	0.09%	0.06%
	BC	C	0.14%	0.16%	0.14%
	BDC	B	0.11%	0.28%	0.11%
	BERY	B	0.22%	0.55%	0.22%
	BHF	F	0.07%	0.23%	0.07%
	BJ	D	0.27%	0.86%	0.27%
	BKH	B	0.12%	0.3%	0.12%
	BLKB	C	0.1%	0.09%	0.09%
	BRBR	C	0.21%	0.23%	0.21%
	BRKR	D	0.17%	0.2%	0.17%
	BRX	B	0.23%	0.31%	0.23%
	CACC	F	0.07%	0.22%	0.07%
	CACI	B	0.29%	0.47%	0.29%
	CADE	C	0.16%	0.44%	0.16%
	CBSH	C	0.22%	0.33%	0.22%
	CBT	B	0.16%	0.13%	0.13%
	CC	F	0.07%	0.26%	0.07%
	CFR	C	0.18%	0.32%	0.18%
	CGNX	F	0.18%	0.35%	0.18%
	CHE	C	0.24%	0.25%	0.24%
	CHH	C	0.1%	0.11%	0.1%
	CHK	D	0.21%	0.62%	0.21%
	CHX	F	0.15%	0.16%	0.15%
	CIEN	C	0.21%	0.33%	0.21%
	CLF	F	0.15%	0.53%	0.15%
	CMC	D	0.16%	0.51%	0.16%
	CNM	F	0.19%	0.29%	0.19%
	CNXC	F	0.09%	0.24%	0.09%
	COHR	C	0.3%	0.68%	0.3%
	COLB	B	0.14%	0.4%	0.14%
	COLM	C	0.08%	0.1%	0.08%
	CPRI	D	0.12%	0.15%	0.12%
	CRUS	D	0.2%	0.22%	0.2%
	CUBE	B	0.33%	0.35%	0.33%
	CUZ	B	0.11%	0.31%	0.11%
	CW	B	0.32%	0.29%	0.29%
	CYTK	F	0.17%	0.27%	0.17%
	DAR	F	0.16%	0.46%	0.16%
	DCI	C	0.24%	0.28%	0.24%
	DINO	F	0.21%	0.56%	0.21%
	DKS	D	0.34%	0.43%	0.34%
	DLB	D	0.11%	0.15%	0.11%
	DOCS	B	0.13%	0.13%	0.13%
	DTM	B	0.2%	0.2%	0.2%
	EEFT	D	0.12%	0.15%	0.12%
	EGP	B	0.25%	0.25%	0.25%
	EHC	C	0.26%	0.38%	0.26%
	ENOV	D	0.06%	0.17%	0.06%
	ENS	D	0.11%	0.19%	0.11%
	EPR	B	0.1%	0.09%	0.09%
	ERIE	B	0.36%	0.34%	0.34%
	ESNT	B	0.19%	0.49%	0.19%
	EVR	A	0.24%	0.2%	0.2%
	EXLS	B	0.16%	0.18%	0.16%
	EXPO	A	0.15%	0.19%	0.15%
	FAF	B	0.19%	0.46%	0.19%
	FFIN	B	0.14%	0.22%	0.14%
	FHI	A	0.08%	0.2%	0.08%
	FHN	D	0.24%	0.67%	0.24%
	FLO	C	0.13%	0.32%	0.13%
	FLR	D	0.21%	0.6%	0.21%
	FLS	D	0.17%	0.27%	0.17%
	FNB	C	0.14%	0.4%	0.14%
	FR	B	0.2%	0.28%	0.2%
	FYBR	C	0.18%	0.48%	0.18%
	G	C	0.17%	0.42%	0.17%
	GAP	F	0.12%	0.37%	0.12%
	GATX	D	0.13%	0.23%	0.13%
	GBCI	B	0.14%	0.37%	0.14%
	GEF	D	0.04%	0.13%	0.04%
	GLPI	C	0.38%	0.57%	0.38%
	GME	F	0.26%	0.45%	0.26%
	GMED	D	0.22%	0.59%	0.22%
	GNTX	F	0.2%	0.19%	0.19%
	GPK	B	0.25%	0.68%	0.25%
	GT	F	0.06%	0.24%	0.06%
	GXO	D	0.16%	0.18%	0.16%
	HAE	F	0.1%	0.13%	0.1%
	HGV	F	0.07%	0.08%	0.07%
	HOG	C	0.14%	0.34%	0.14%
	HOMB	B	0.15%	0.39%	0.15%
	HQY	C	0.18%	0.25%	0.18%
	HWC	D	0.12%	0.17%	0.12%
	HXL	F	0.14%	0.21%	0.14%
	IBKR	B	0.37%	0.38%	0.37%
	IDA	C	0.15%	0.22%	0.15%
	INGR	B	0.25%	0.38%	0.25%
	IPGP	F	0.05%	0.09%	0.05%
	IRDM	D	0.08%	0.13%	0.08%
	IRT	B	0.12%	0.31%	0.12%
	JAZZ	D	0.19%	0.3%	0.19%
	JEF	B	0.26%	0.73%	0.26%
	JHG	B	0.13%	0.35%	0.13%
	JLL	B	0.34%	0.87%	0.34%
	KBH	A	0.15%	0.23%	0.15%
	KBR	D	0.23%	0.35%	0.23%
	KD	D	0.15%	0.45%	0.15%
	KEX	C	0.19%	0.3%	0.19%
	KMPR	D	0.1%	0.28%	0.1%
	KNX	C	0.22%	0.64%	0.22%
	KRC	B	0.11%	0.29%	0.11%
	KRG	B	0.16%	0.4%	0.16%
	LAD	D	0.21%	0.38%	0.21%
	LAMR	B	0.3%	0.32%	0.3%
	LANC	D	0.1%	0.15%	0.1%
	LEA	F	0.18%	0.51%	0.18%
	LFUS	C	0.17%	0.15%	0.15%
	LITE	B	0.1%	0.26%	0.1%
	LPX	B	0.17%	0.16%	0.16%
	LSTR	D	0.18%	0.16%	0.16%
	M	F	0.11%	0.35%	0.11%
	MAN	C	0.09%	0.27%	0.09%
	MASI	F	0.14%	0.13%	0.13%
	MAT	C	0.18%	0.27%	0.18%
	MDU	C	0.13%	0.4%	0.13%
	MIDD	D	0.2%	0.27%	0.2%
	MKSI	F	0.17%	0.3%	0.17%
	MMS	C	0.15%	0.11%	0.11%
	MP	D	0.04%	0.08%	0.04%
	MSM	D	0.1%	0.14%	0.1%
	MTG	B	0.19%	0.3%	0.19%
	MTN	D	0.19%	0.17%	0.17%
	MTSI	D	0.16%	0.15%	0.15%
	MTZ	B	0.17%	0.49%	0.17%
	MUR	F	0.15%	0.25%	0.15%
	NEOG	D	0.09%	0.25%	0.09%
	NFG	B	0.15%	0.39%	0.15%
	NJR	B	0.13%	0.34%	0.13%
	NNN	C	0.25%	0.38%	0.25%
	NOV	F	0.18%	0.6%	0.18%
	NOVT	D	0.17%	0.2%	0.17%
	NSA	B	0.09%	0.11%	0.09%
	NSP	F	0.09%	0.13%	0.09%
	NVST	D	0.08%	0.21%	0.08%
	NWE	B	0.09%	0.24%	0.09%
	NXST	D	0.14%	0.42%	0.14%
	OGE	C	0.22%	0.57%	0.22%
	OGS	B	0.1%	0.29%	0.1%
	OHI	B	0.27%	0.39%	0.27%
	OLN	D	0.14%	0.24%	0.14%
	ONB	C	0.17%	0.46%	0.17%
	OPCH	C	0.16%	0.17%	0.16%
	ORA	C	0.11%	0.31%	0.11%
	ORI	B	0.25%	0.64%	0.25%
	OSK	F	0.18%	0.52%	0.18%
	OZK	D	0.12%	0.17%	0.12%
	PAG	D	0.09%	0.25%	0.09%
	PB	B	0.19%	0.51%	0.19%
	PBF	F	0.09%	0.31%	0.09%
	PCH	C	0.09%	0.26%	0.09%
	PFGC	B	0.31%	0.79%	0.31%
	PII	D	0.12%	0.32%	0.12%
	PNFP	B	0.2%	0.32%	0.2%
	PNM	B	0.1%	0.27%	0.1%
	POR	C	0.14%	0.36%	0.14%
	POST	C	0.18%	0.4%	0.18%
	POWI	F	0.09%	0.15%	0.09%
	PPC	D	0.05%	0.12%	0.05%
	PRGO	D	0.1%	0.28%	0.1%
	PVH	F	0.15%	0.42%	0.15%
	R	A	0.16%	0.45%	0.16%
	RCM	C	0.06%	0.19%	0.06%
	REXR	C	0.28%	0.49%	0.28%
	RGLD	C	0.25%	0.32%	0.25%
	RH	B	0.1%	0.18%	0.1%
	RLI	B	0.18%	0.16%	0.16%
	RNR	C	0.37%	0.4%	0.37%
	RPM	B	0.42%	0.53%	0.42%
	RRX	C	0.28%	0.78%	0.28%
	RYN	C	0.11%	0.19%	0.11%
	SAIC	C	0.19%	0.3%	0.19%
	SAM	F	0.07%	0.1%	0.07%
	SCI	B	0.32%	0.42%	0.32%
	SEIC	C	0.21%	0.25%	0.21%
	SF	A	0.24%	0.67%	0.24%
	SFM	B	0.28%	0.43%	0.28%
	SIGI	D	0.15%	0.18%	0.15%
	SLGN	B	0.12%	0.31%	0.12%
	SLM	D	0.12%	0.22%	0.12%
	SMG	C	0.08%	0.15%	0.08%
	SNV	C	0.18%	0.5%	0.18%
	SNX	D	0.15%	0.68%	0.15%
	SON	C	0.15%	0.39%	0.15%
	SR	B	0.11%	0.28%	0.11%
	SRCL	A	0.16%	0.4%	0.16%
	SRPT	D	0.33%	0.2%	0.2%
	SSB	B	0.2%	0.55%	0.2%
	ST	D	0.15%	0.43%	0.15%
	STAG	C	0.2%	0.27%	0.2%
	STWD	B	0.16%	0.44%	0.16%
	SWX	C	0.11%	0.33%	0.11%
	SYNA	F	0.08%	0.15%	0.08%
	TEX	F	0.09%	0.14%	0.09%
	THC	A	0.42%	1.07%	0.42%
	THG	B	0.15%	0.36%	0.15%
	THO	D	0.15%	0.41%	0.15%
	TKO	B	0.23%	0.27%	0.23%
	TKR	D	0.15%	0.25%	0.15%
	TMHC	A	0.18%	0.52%	0.18%
	TNL	D	0.08%	0.07%	0.07%
	TTC	D	0.24%	0.38%	0.24%
	UA	D	0.03%	0.1%	0.03%
	UAA	C	0.04%	0.09%	0.04%
	UBSI	B	0.14%	0.38%	0.14%
	UGI	C	0.14%	0.38%	0.14%
	UMBF	B	0.13%	0.33%	0.13%
	UNM	B	0.27%	0.75%	0.27%
	USFD	B	0.37%	0.9%	0.37%
	UTHR	C	0.37%	0.56%	0.37%
	VAC	F	0.06%	0.2%	0.06%
	VC	F	0.07%	0.13%	0.07%
	VLY	C	0.1%	0.26%	0.1%
	VMI	D	0.15%	0.44%	0.15%
	VOYA	B	0.2%	0.32%	0.2%
	WBS	D	0.22%	0.62%	0.22%
	WCC	D	0.19%	0.56%	0.19%
	WEN	C	0.08%	0.09%	0.08%
	WH	B	0.17%	0.15%	0.15%
	WHR	D	0.15%	0.41%	0.15%
	WMG	D	0.11%	0.07%	0.07%
	WOLF	F	0.03%	0.09%	0.03%
	WTFC	B	0.19%	0.52%	0.19%
	WTRG	D	0.27%	0.39%	0.27%
	WU	F	0.12%	0.29%	0.12%
	X	F	0.21%	0.67%	0.21%
	XPO	D	0.33%	0.52%	0.33%
	XRAY	D	0.15%	0.41%	0.15%
	YETI	D	0.09%	0.09%	0.09%
	ZI	D	0.08%	0.16%	0.08%
	ZION	D	0.19%	0.56%	0.19%

BBMC Overweight 323 Positions Relative to IVOV

	Symbol	Grade	Weight
	MSTR	D	0.54%
	CSL	B	0.53%
	APP	C	0.51%
	EME	B	0.48%
	DKNG	C	0.48%
	WSM	D	0.45%
	MANH	B	0.44%
	RS	D	0.44%
	NTNX	C	0.41%
	PSTG	F	0.4%
	TOL	B	0.4%
	NTRA	C	0.4%
	CVNA	B	0.39%
	GGG	C	0.39%
	GWRE	A	0.39%
	CASY	D	0.38%
	TW	B	0.37%
	NDSN	C	0.36%
	CLH	A	0.34%
	TTEK	C	0.34%
	JBL	D	0.34%
	CHRW	B	0.33%
	FND	C	0.32%
	PCVX	C	0.32%
	BLD	D	0.32%
	SAIA	D	0.31%
	FIX	B	0.31%
	OVV	F	0.3%
	WING	B	0.3%
	ITT	B	0.3%
	TXRH	C	0.3%
	CTLT	B	0.3%
	PNW	C	0.29%
	MUSA	D	0.29%
	NVT	D	0.29%
	KNSL	C	0.29%
	CHDN	C	0.28%
	WMS	D	0.28%
	LECO	F	0.28%
	AIZ	B	0.28%
	HOOD	C	0.28%
	TPR	C	0.27%
	GL	C	0.27%
	LNW	B	0.27%
	MTCH	C	0.27%
	TOST	C	0.27%
	FRT	C	0.27%
	MKTX	C	0.27%
	SOLV	C	0.26%
	WWD	D	0.26%
	RIVN	F	0.26%
	AOS	D	0.26%
	HRB	C	0.25%
	PRI	B	0.25%
	HSIC	C	0.25%
	BWXT	D	0.25%
	SKX	D	0.25%
	ONTO	D	0.25%
	HAS	B	0.25%
	WAL	B	0.25%
	OLED	C	0.25%
	IOT	B	0.25%
	MEDP	F	0.24%
	ENSG	B	0.24%
	GNRC	D	0.24%
	AFRM	C	0.24%
	WEX	C	0.23%
	MORN	C	0.23%
	RBC	C	0.23%
	CHRD	F	0.23%
	NYT	C	0.23%
	EXP	B	0.23%
	TPX	C	0.23%
	COLD	D	0.22%
	FCN	D	0.22%
	ROKU	C	0.22%
	MHK	C	0.22%
	DUOL	B	0.22%
	BFAM	C	0.22%
	HLI	B	0.22%
	CMA	B	0.21%
	MLI	A	0.21%
	SOFI	C	0.21%
	ATI	C	0.21%
	EXEL	C	0.21%
	AGNC	B	0.21%
	NCLH	C	0.21%
	CZR	C	0.21%
	BWA	D	0.21%
	OWL	C	0.21%
	DVA	B	0.21%
	CROX	D	0.21%
	HALO	C	0.21%
	RGEN	F	0.21%
	ALSN	B	0.21%
	FMC	C	0.21%
	AIT	A	0.21%
	FN	D	0.21%
	UFPI	C	0.2%
	ACHC	C	0.2%
	WSC	D	0.2%
	PLNT	B	0.2%
	CR	C	0.2%
	AXTA	B	0.2%
	SMAR	C	0.2%
	PEN	D	0.2%
	ITCI	D	0.2%
	ELAN	D	0.2%
	SSD	D	0.2%
	SWN	D	0.19%
	ANF	D	0.19%
	UHAL	A	0.19%
	WFRD	F	0.19%
	RRC	D	0.19%
	BIO	C	0.19%
	TREX	D	0.19%
	PR	F	0.19%
	SPSC	D	0.19%
	AAL	D	0.19%
	PCTY	C	0.19%
	LNTH	D	0.19%
	BPOP	C	0.19%
	MTH	A	0.19%
	RL	C	0.19%
	INSP	C	0.18%
	RYAN	D	0.18%
	MSA	D	0.18%
	H	C	0.18%
	TRNO	C	0.18%
	RHI	D	0.18%
	LBRDK	F	0.18%
	COKE	C	0.18%
	IONS	F	0.18%
	S	C	0.17%
	MTDR	F	0.17%
	AZEK	C	0.17%
	SITE	C	0.17%
	CWST	D	0.17%
	AXS	B	0.17%
	AAON	B	0.17%
	ELF	F	0.17%
	ESTC	F	0.17%
	ETSY	F	0.17%
	BBWI	F	0.17%
	APG	D	0.17%
	FRPT	B	0.17%
	GTLB	D	0.17%
	DBX	D	0.16%
	JXN	A	0.16%
	NSIT	D	0.16%
	MMSI	B	0.16%
	BMI	A	0.16%
	ESI	D	0.16%
	EPRT	B	0.16%
	VKTX	C	0.16%
	OLLI	C	0.16%
	VFC	C	0.16%
	PARA	F	0.16%
	RHP	C	0.16%
	LSCC	D	0.16%
	RVMD	C	0.16%
	IVZ	B	0.15%
	WTS	C	0.15%
	RDN	C	0.15%
	BILL	D	0.15%
	CELH	F	0.15%
	AWI	B	0.15%
	COOP	C	0.15%
	BPMC	F	0.15%
	ESAB	C	0.15%
	BCPC	C	0.15%
	PATH	D	0.15%
	RARE	B	0.14%
	IBP	D	0.14%
	ALTR	C	0.14%
	LNC	D	0.14%
	OMF	D	0.14%
	SKY	B	0.14%
	VNT	F	0.14%
	VVV	D	0.14%
	BECN	D	0.14%
	FSS	D	0.14%
	ALK	C	0.14%
	EDR	A	0.14%
	OGN	D	0.14%
	WTM	D	0.13%
	ABG	D	0.13%
	PSN	B	0.13%
	ALKS	C	0.13%
	FOUR	C	0.13%
	SM	F	0.13%
	CFLT	F	0.13%
	FIVE	D	0.13%
	PECO	B	0.13%
	ZWS	A	0.13%
	TENB	F	0.13%
	PCOR	F	0.13%
	GTLS	F	0.13%
	BOX	C	0.13%
	GPI	B	0.13%
	SEE	D	0.13%
	BYD	C	0.12%
	NEU	D	0.12%
	RMBS	F	0.12%
	SUM	D	0.12%
	FUL	C	0.12%
	AL	D	0.12%
	QLYS	F	0.12%
	LYFT	D	0.11%
	MDGL	F	0.11%
	CRSP	F	0.11%
	IAC	C	0.11%
	LOPE	D	0.11%
	FELE	C	0.11%
	ASO	C	0.11%
	SPR	D	0.11%
	CIVI	F	0.11%
	ACA	B	0.11%
	AGO	C	0.11%
	MGY	C	0.11%
	MSGS	B	0.1%
	LSXMK	D	0.1%
	SEM	D	0.1%
	COTY	F	0.1%
	AEIS	D	0.1%
	EVH	C	0.1%
	SANM	D	0.1%
	HRI	D	0.1%
	VAL	F	0.1%
	HUN	D	0.1%
	PBH	B	0.1%
	ESGR	D	0.1%
	DXC	C	0.1%
	AXSM	C	0.1%
	WK	D	0.1%
	RIG	F	0.09%
	PTEN	F	0.09%
	FOLD	D	0.09%
	ATKR	F	0.09%
	HP	F	0.09%
	GTES	C	0.09%
	SXT	C	0.09%
	CCOI	C	0.09%
	CWT	C	0.09%
	DNB	C	0.09%
	ACLS	F	0.09%
	APLE	D	0.09%
	OTTR	F	0.09%
	APLS	F	0.09%
	CRC	C	0.09%
	HL	C	0.09%
	INFA	D	0.09%
	ENV	C	0.09%
	SIG	C	0.09%
	SLAB	D	0.09%
	PEGA	C	0.08%
	JBT	D	0.08%
	DIOD	F	0.08%
	NWL	C	0.08%
	CRVL	B	0.08%
	TNET	F	0.08%
	RUSHA	C	0.08%
	LCID	C	0.08%
	AVA	C	0.08%
	MPW	C	0.08%
	ALIT	D	0.08%
	BXMT	C	0.08%
	PFSI	C	0.08%
	SMPL	D	0.08%
	AWR	B	0.08%
	BOKF	B	0.07%
	PENN	D	0.07%
	BL	D	0.07%
	BTU	D	0.07%
	JJSF	C	0.07%
	ARWR	F	0.07%
	DV	F	0.07%
	TDC	F	0.07%
	BE	F	0.06%
	PGNY	F	0.06%
	FIVN	F	0.06%
	PINC	C	0.06%
	ADTN	D	0.06%
	IPAR	F	0.06%
	SHC	C	0.06%
	IRTC	F	0.06%
	CLVT	D	0.06%
	KWR	D	0.06%
	HHH	C	0.06%
	CWEN	C	0.06%
	SGRY	C	0.06%
	AAP	F	0.06%
	TXG	D	0.06%
	CNS	B	0.06%
	FRHC	B	0.05%
	FLYW	F	0.05%
	REYN	C	0.05%
	HI	F	0.05%
	ACAD	F	0.05%
	GOLF	D	0.05%
	IMVT	D	0.05%
	PWSC	C	0.04%
	WOR	D	0.04%
	LTH	B	0.04%
	DDS	F	0.04%
	MODG	F	0.04%
	NFE	F	0.03%
	LBRDA	F	0.03%
	SEDG	F	0.03%
	ACT	B	0.03%
	FIZZ	D	0.03%
	PYCR	D	0.03%
	CAR	F	0.03%
	TFSL	C	0.02%
	SEB	D	0.02%
	DJT	F	0.02%
	CRK	D	0.02%
	CWEN	C	0.02%
	RUSHB	C	0.01%
	INST	D	0.01%
	PLTK	C	0.01%
	UHAL	A	0.01%
	SEG	C	0.0%

BBMC Underweight 31 Positions Relative to IVOV

	Symbol	Grade	Weight
	ILMN	C	-1.43%
	RGA	C	-1.09%
	FNF	B	-1.05%
	WPC	C	-0.93%
	AVTR	B	-0.77%
	AFG	B	-0.63%
	BMRN	F	-0.52%
	BURL	B	-0.49%
	EQH	C	-0.46%
	CG	D	-0.41%
	CCK	A	-0.41%
	EWBC	D	-0.41%
	TPL	B	-0.38%
	VNO	B	-0.35%
	ELS	C	-0.34%
	SBRA	C	-0.28%
	CNO	B	-0.28%
	ASB	D	-0.25%
	TCBI	B	-0.23%
	VSH	F	-0.22%
	GHC	B	-0.2%
	TGNA	D	-0.2%
	CVLT	B	-0.19%
	ZD	D	-0.16%
	CRI	D	-0.16%
	JWN	C	-0.16%
	IBOC	D	-0.15%
	AMED	C	-0.14%
	LIVN	D	-0.12%
	KNF	B	-0.1%
	HELE	D	-0.1%

BBMC: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Oil & Gas E&P Software - Infrastructure 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 S&P 500 Bank Insurance Chemical Real Estate Investment Trust Computing Electronics Aerospace Construction Medicine Semiconductor Transport Electricity Plastic Supply Chain Management Beverage Biopharmaceutical

IVOV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Packaging & Containers Asset Management Semiconductors Apparel Manufacturing Business Services Diversified Industrials Packaged Foods REIT - Diversified REIT - Industrial Specialty Chemicals Auto Parts Biotechnology Medical Care REIT - Retail Scientific & Technical Instruments Utilities - Regulated Electric Utilities - Regulated Gas Engineering & Construction Information Technology Services

Keywords: Bank Banking Real Estate Investment Trust Insurance Natural Gas Mining Chemical Deposit Products Aerospace Commercial Banking Semiconductor Beverage Telecommunications Electricity Insurance Products Supply Chain Management Trust Services Electronics Medicine Pharmaceutical