BBMC vs. SCHM ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) to Schwab U.S. Mid Cap ETF (SCHM)

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

SCHM

Schwab U.S. Mid Cap ETF

SCHM Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Mid-Cap Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the mid-cap portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Mid-Cap Total Stock Market Index includes the components ranked 501-1000 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$29.61

Average Daily Volume

1,048,688

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

Performance

Period	BBMC	SCHM
30 Days	9.15%	6.93%
60 Days	9.85%	7.42%
90 Days	11.48%	9.17%
12 Months	34.64%	31.06%

368 Overlapping Holdings

	Symbol	Grade	Weight in BBMC	Weight in SCHM	Overlap
	AA	B	0.27%	0.25%	0.25%
	AAL	B	0.22%	0.21%	0.21%
	AAON	B	0.22%	0.2%	0.2%
	ACHC	F	0.09%	0.08%	0.08%
	ACM	B	0.37%	0.32%	0.32%
	ADC	B	0.18%	0.17%	0.17%
	ADTN	A	0.06%	0.06%	0.06%
	AFRM	A	0.36%	0.3%	0.3%
	AGCO	D	0.15%	0.13%	0.13%
	AGNC	D	0.19%	0.17%	0.17%
	AIT	A	0.26%	0.23%	0.23%
	AIZ	A	0.29%	0.25%	0.25%
	AL	B	0.13%	0.11%	0.11%
	ALGM	D	0.06%	0.07%	0.06%
	ALK	C	0.17%	0.15%	0.15%
	ALKS	B	0.12%	0.1%	0.1%
	ALLY	C	0.24%	0.22%	0.22%
	ALSN	B	0.26%	0.22%	0.22%
	ALV	C	0.17%	0.16%	0.16%
	AM	A	0.13%	0.11%	0.11%
	AMG	B	0.15%	0.12%	0.12%
	AMH	D	0.3%	0.26%	0.26%
	AMKR	D	0.08%	0.06%	0.06%
	AN	C	0.11%	0.1%	0.1%
	ANF	C	0.18%	0.16%	0.16%
	AOS	F	0.22%	0.19%	0.19%
	APG	B	0.17%	0.19%	0.17%
	APLS	D	0.05%	0.06%	0.05%
	AR	B	0.24%	0.2%	0.2%
	ARMK	B	0.24%	0.22%	0.22%
	ARW	D	0.15%	0.13%	0.13%
	ASGN	F	0.1%	0.09%	0.09%
	ASH	D	0.09%	0.08%	0.08%
	ATI	D	0.18%	0.15%	0.15%
	ATR	B	0.27%	0.25%	0.25%
	AXS	A	0.17%	0.15%	0.15%
	AXTA	A	0.21%	0.2%	0.2%
	AYI	B	0.25%	0.22%	0.22%
	BBWI	D	0.18%	0.16%	0.16%
	BC	C	0.14%	0.12%	0.12%
	BERY	B	0.19%	0.17%	0.17%
	BFAM	D	0.16%	0.13%	0.13%
	BILL	A	0.21%	0.18%	0.18%
	BIO	D	0.16%	0.14%	0.14%
	BJ	A	0.27%	0.26%	0.26%
	BKH	A	0.11%	0.1%	0.1%
	BLD	D	0.28%	0.23%	0.23%
	BOKF	B	0.07%	0.06%	0.06%
	BPOP	B	0.17%	0.15%	0.15%
	BRBR	A	0.24%	0.21%	0.21%
	BRKR	D	0.12%	0.13%	0.12%
	BRX	A	0.22%	0.19%	0.19%
	BWA	D	0.2%	0.17%	0.17%
	BWXT	B	0.29%	0.26%	0.26%
	BYD	C	0.12%	0.11%	0.11%
	CACC	D	0.07%	0.06%	0.06%
	CACI	D	0.25%	0.23%	0.23%
	CASY	A	0.38%	0.33%	0.33%
	CBSH	A	0.23%	0.19%	0.19%
	CELH	F	0.1%	0.09%	0.09%
	CFLT	B	0.16%	0.15%	0.15%
	CFR	B	0.21%	0.2%	0.2%
	CGNX	C	0.16%	0.15%	0.15%
	CHDN	B	0.25%	0.23%	0.23%
	CHE	D	0.21%	0.19%	0.19%
	CHH	A	0.1%	0.07%	0.07%
	CHRD	D	0.2%	0.17%	0.17%
	CHRW	C	0.32%	0.29%	0.29%
	CHX	C	0.15%	0.13%	0.13%
	CIEN	B	0.24%	0.21%	0.21%
	CIVI	D	0.09%	0.1%	0.09%
	CLF	F	0.14%	0.12%	0.12%
	CLH	B	0.31%	0.28%	0.28%
	CLVT	F	0.04%	0.04%	0.04%
	CMA	A	0.23%	0.2%	0.2%
	CMC	B	0.17%	0.15%	0.15%
	CNM	D	0.2%	0.18%	0.18%
	CNXC	F	0.04%	0.04%	0.04%
	COHR	B	0.36%	0.32%	0.32%
	COKE	C	0.16%	0.16%	0.16%
	COLD	D	0.14%	0.13%	0.13%
	COLM	B	0.07%	0.06%	0.06%
	COTY	F	0.07%	0.06%	0.06%
	CR	A	0.21%	0.19%	0.19%
	CROX	D	0.15%	0.13%	0.13%
	CRSP	D	0.1%	0.09%	0.09%
	CRUS	D	0.14%	0.12%	0.12%
	CSL	C	0.51%	0.46%	0.46%
	CTLT	B	0.27%	0.24%	0.24%
	CUBE	D	0.27%	0.24%	0.24%
	CW	B	0.34%	0.3%	0.3%
	CYTK	F	0.15%	0.13%	0.13%
	CZR	F	0.19%	0.18%	0.18%
	DAR	C	0.17%	0.15%	0.15%
	DBX	B	0.16%	0.14%	0.14%
	DCI	B	0.23%	0.2%	0.2%
	DINO	D	0.18%	0.15%	0.15%
	DJT	C	0.04%	0.04%	0.04%
	DKNG	B	0.51%	0.43%	0.43%
	DKS	C	0.29%	0.25%	0.25%
	DLB	B	0.11%	0.09%	0.09%
	DNB	B	0.08%	0.08%	0.08%
	DTM	B	0.25%	0.22%	0.22%
	DUOL	A	0.28%	0.26%	0.26%
	DVA	B	0.2%	0.16%	0.16%
	EDR	A	0.14%	0.12%	0.12%
	EEFT	B	0.11%	0.1%	0.1%
	EGP	F	0.21%	0.19%	0.19%
	EHC	B	0.25%	0.22%	0.22%
	ELAN	D	0.17%	0.15%	0.15%
	ELF	C	0.16%	0.15%	0.15%
	EME	C	0.59%	0.52%	0.52%
	ENSG	D	0.2%	0.18%	0.18%
	ESNT	D	0.15%	0.13%	0.13%
	ESTC	C	0.18%	0.16%	0.16%
	ETSY	D	0.15%	0.13%	0.13%
	EVR	B	0.27%	0.24%	0.24%
	EXEL	B	0.25%	0.22%	0.22%
	EXLS	B	0.18%	0.16%	0.16%
	EXP	A	0.26%	0.22%	0.22%
	FAF	A	0.17%	0.15%	0.15%
	FBIN	D	0.23%	0.2%	0.2%
	FCN	D	0.17%	0.15%	0.15%
	FFIN	B	0.15%	0.12%	0.12%
	FHN	A	0.28%	0.24%	0.24%
	FIVE	F	0.12%	0.11%	0.11%
	FIX	A	0.4%	0.35%	0.35%
	FLO	D	0.11%	0.09%	0.09%
	FLR	B	0.23%	0.2%	0.2%
	FLS	B	0.2%	0.17%	0.17%
	FMC	D	0.17%	0.15%	0.15%
	FN	D	0.21%	0.19%	0.19%
	FND	C	0.27%	0.24%	0.24%
	FR	D	0.16%	0.15%	0.15%
	FRPT	B	0.17%	0.16%	0.16%
	FRT	B	0.23%	0.19%	0.19%
	FYBR	D	0.16%	0.17%	0.16%
	G	B	0.17%	0.16%	0.16%
	GAP	B	0.12%	0.11%	0.11%
	GBCI	B	0.16%	0.14%	0.14%
	GGG	B	0.38%	0.34%	0.34%
	GL	B	0.25%	0.22%	0.22%
	GLPI	C	0.32%	0.3%	0.3%
	GME	C	0.26%	0.23%	0.23%
	GMED	A	0.23%	0.2%	0.2%
	GNRC	B	0.28%	0.24%	0.24%
	GNTX	C	0.17%	0.15%	0.15%
	GPK	C	0.22%	0.19%	0.19%
	GTLS	B	0.18%	0.15%	0.15%
	GWRE	A	0.41%	0.35%	0.35%
	GXO	B	0.17%	0.16%	0.16%
	H	B	0.17%	0.15%	0.15%
	HALO	F	0.14%	0.13%	0.13%
	HAS	D	0.2%	0.18%	0.18%
	HLI	B	0.24%	0.22%	0.22%
	HOG	D	0.11%	0.09%	0.09%
	HOOD	B	0.45%	0.51%	0.45%
	HQY	B	0.22%	0.19%	0.19%
	HRB	D	0.21%	0.19%	0.19%
	HSIC	B	0.24%	0.19%	0.19%
	HXL	D	0.12%	0.11%	0.11%
	IAC	D	0.09%	0.07%	0.07%
	IBKR	A	0.49%	0.43%	0.43%
	IDA	A	0.15%	0.14%	0.14%
	INFA	D	0.08%	0.05%	0.05%
	INGR	B	0.23%	0.2%	0.2%
	INSP	D	0.13%	0.11%	0.11%
	IONS	F	0.12%	0.12%	0.12%
	IOT	A	0.24%	0.22%	0.22%
	ITCI	C	0.2%	0.18%	0.18%
	ITT	A	0.32%	0.28%	0.28%
	IVZ	B	0.14%	0.18%	0.14%
	JAZZ	B	0.19%	0.17%	0.17%
	JBL	B	0.35%	0.32%	0.32%
	JEF	A	0.3%	0.27%	0.27%
	JHG	A	0.14%	0.13%	0.13%
	JLL	D	0.31%	0.27%	0.27%
	JXN	C	0.18%	0.17%	0.17%
	KBH	D	0.13%	0.13%	0.13%
	KBR	F	0.2%	0.17%	0.17%
	KEX	C	0.19%	0.16%	0.16%
	KNSL	B	0.26%	0.23%	0.23%
	KNX	B	0.21%	0.2%	0.2%
	KRC	C	0.11%	0.09%	0.09%
	LAD	A	0.26%	0.22%	0.22%
	LAMR	D	0.28%	0.25%	0.25%
	LANC	C	0.09%	0.08%	0.08%
	LBRDK	C	0.24%	0.25%	0.24%
	LCID	F	0.05%	0.05%	0.05%
	LEA	D	0.14%	0.12%	0.12%
	LECO	B	0.3%	0.26%	0.26%
	LFUS	F	0.15%	0.13%	0.13%
	LNC	B	0.15%	0.13%	0.13%
	LNTH	D	0.13%	0.12%	0.12%
	LNW	D	0.21%	0.18%	0.18%
	LPX	B	0.19%	0.16%	0.16%
	LSCC	D	0.17%	0.15%	0.15%
	LSTR	D	0.16%	0.14%	0.14%
	LYFT	C	0.15%	0.15%	0.15%
	MANH	D	0.42%	0.37%	0.37%
	MASI	A	0.18%	0.16%	0.16%
	MAT	D	0.16%	0.14%	0.14%
	MDU	D	0.09%	0.08%	0.08%
	MEDP	D	0.19%	0.17%	0.17%
	MHK	D	0.18%	0.16%	0.16%
	MIDD	C	0.18%	0.16%	0.16%
	MKSI	C	0.16%	0.16%	0.16%
	MKTX	D	0.25%	0.22%	0.22%
	MLI	C	0.25%	0.22%	0.22%
	MMS	F	0.12%	0.11%	0.11%
	MORN	B	0.22%	0.2%	0.2%
	MSA	D	0.16%	0.15%	0.15%
	MTCH	D	0.2%	0.18%	0.18%
	MTDR	B	0.17%	0.15%	0.15%
	MTG	C	0.17%	0.14%	0.14%
	MTH	D	0.16%	0.14%	0.14%
	MTN	C	0.17%	0.15%	0.15%
	MTSI	B	0.18%	0.16%	0.16%
	MTZ	B	0.21%	0.18%	0.18%
	MUR	D	0.13%	0.1%	0.1%
	MUSA	A	0.26%	0.22%	0.22%
	NCLH	B	0.28%	0.26%	0.26%
	NDSN	B	0.33%	0.31%	0.31%
	NFG	A	0.14%	0.12%	0.12%
	NNN	D	0.2%	0.17%	0.17%
	NOV	C	0.16%	0.14%	0.14%
	NOVT	D	0.15%	0.13%	0.13%
	NSIT	F	0.1%	0.09%	0.09%
	NTNX	A	0.42%	0.38%	0.38%
	NTRA	B	0.47%	0.4%	0.4%
	NVT	B	0.3%	0.27%	0.27%
	NXST	C	0.13%	0.11%	0.11%
	NYT	C	0.21%	0.19%	0.19%
	OGE	B	0.22%	0.19%	0.19%
	OGN	D	0.1%	0.09%	0.09%
	OHI	C	0.24%	0.23%	0.23%
	OLED	D	0.2%	0.16%	0.16%
	OLLI	D	0.14%	0.12%	0.12%
	OLN	D	0.12%	0.11%	0.11%
	OMF	A	0.16%	0.15%	0.15%
	ONTO	D	0.2%	0.17%	0.17%
	OPCH	D	0.09%	0.08%	0.08%
	ORI	A	0.24%	0.2%	0.2%
	OSK	B	0.18%	0.16%	0.16%
	OVV	B	0.3%	0.26%	0.26%
	OWL	A	0.29%	0.26%	0.26%
	OZK	B	0.13%	0.11%	0.11%
	PAG	B	0.08%	0.07%	0.07%
	PARA	C	0.15%	0.15%	0.15%
	PATH	C	0.14%	0.12%	0.12%
	PB	A	0.2%	0.17%	0.17%
	PBF	D	0.08%	0.07%	0.07%
	PCOR	B	0.15%	0.16%	0.15%
	PCTY	B	0.21%	0.19%	0.19%
	PCVX	D	0.24%	0.22%	0.22%
	PEN	B	0.22%	0.2%	0.2%
	PFGC	B	0.33%	0.29%	0.29%
	PII	D	0.09%	0.08%	0.08%
	PLNT	A	0.21%	0.18%	0.18%
	PNFP	B	0.24%	0.21%	0.21%
	PNW	B	0.26%	0.23%	0.23%
	POR	C	0.12%	0.11%	0.11%
	POST	C	0.15%	0.11%	0.11%
	PPC	C	0.05%	0.05%	0.05%
	PR	B	0.24%	0.21%	0.21%
	PRI	A	0.26%	0.22%	0.22%
	PSN	D	0.11%	0.1%	0.1%
	PVH	C	0.14%	0.13%	0.13%
	QLYS	C	0.13%	0.12%	0.12%
	RBC	A	0.23%	0.2%	0.2%
	RCM	F	0.06%	0.05%	0.05%
	REXR	F	0.22%	0.2%	0.2%
	REYN	D	0.04%	0.03%	0.03%
	RGEN	D	0.16%	0.14%	0.14%
	RGLD	C	0.24%	0.2%	0.2%
	RH	B	0.12%	0.1%	0.1%
	RHI	B	0.19%	0.17%	0.17%
	RIG	D	0.08%	0.07%	0.07%
	RIVN	F	0.18%	0.16%	0.16%
	RL	B	0.21%	0.19%	0.19%
	RLI	B	0.18%	0.16%	0.16%
	RMBS	C	0.14%	0.12%	0.12%
	RNR	C	0.34%	0.3%	0.3%
	ROIV	C	0.12%	0.11%	0.11%
	ROKU	D	0.22%	0.19%	0.19%
	RPM	A	0.44%	0.39%	0.39%
	RRC	B	0.21%	0.18%	0.18%
	RRX	B	0.29%	0.25%	0.25%
	RS	B	0.43%	0.38%	0.38%
	RVMD	C	0.19%	0.19%	0.19%
	RYAN	B	0.18%	0.16%	0.16%
	RYN	D	0.1%	0.09%	0.09%
	S	B	0.18%	0.17%	0.17%
	SAIA	B	0.34%	0.31%	0.31%
	SAIC	F	0.15%	0.14%	0.14%
	SCI	B	0.31%	0.27%	0.27%
	SEE	C	0.13%	0.12%	0.12%
	SEIC	B	0.23%	0.18%	0.18%
	SF	B	0.29%	0.26%	0.26%
	SFM	A	0.36%	0.31%	0.31%
	SHC	F	0.04%	0.05%	0.04%
	SIGI	C	0.15%	0.13%	0.13%
	SITE	D	0.16%	0.14%	0.14%
	SKX	D	0.2%	0.18%	0.18%
	SMAR	A	0.19%	0.17%	0.17%
	SNV	B	0.2%	0.18%	0.18%
	SNX	C	0.14%	0.19%	0.14%
	SOFI	A	0.36%	0.32%	0.32%
	SOLV	C	0.23%	0.21%	0.21%
	SON	D	0.12%	0.11%	0.11%
	SPSC	C	0.16%	0.15%	0.15%
	SRPT	D	0.24%	0.22%	0.22%
	SSB	B	0.2%	0.18%	0.18%
	SSD	D	0.19%	0.17%	0.17%
	ST	F	0.12%	0.11%	0.11%
	STAG	F	0.17%	0.15%	0.15%
	STWD	C	0.15%	0.14%	0.14%
	SUM	B	0.14%	0.13%	0.13%
	THC	D	0.37%	0.33%	0.33%
	THG	A	0.15%	0.13%	0.13%
	THO	B	0.14%	0.13%	0.13%
	TKO	B	0.22%	0.18%	0.18%
	TKR	D	0.13%	0.11%	0.11%
	TMHC	B	0.17%	0.16%	0.16%
	TNET	D	0.07%	0.06%	0.06%
	TOL	B	0.39%	0.35%	0.35%
	TOST	B	0.41%	0.37%	0.37%
	TPR	B	0.33%	0.29%	0.29%
	TPX	B	0.23%	0.21%	0.21%
	TREX	C	0.18%	0.16%	0.16%
	TRNO	F	0.14%	0.13%	0.13%
	TTC	D	0.21%	0.19%	0.19%
	TTEK	F	0.27%	0.24%	0.24%
	TW	A	0.38%	0.33%	0.33%
	TXRH	C	0.33%	0.29%	0.29%
	UFPI	B	0.2%	0.17%	0.17%
	UGI	A	0.13%	0.11%	0.11%
	UHAL	D	0.15%	0.15%	0.15%
	UHAL	D	0.01%	0.15%	0.01%
	UNM	A	0.32%	0.28%	0.28%
	USFD	A	0.38%	0.35%	0.35%
	UTHR	C	0.34%	0.36%	0.34%
	VAL	D	0.08%	0.07%	0.07%
	VFC	C	0.16%	0.15%	0.15%
	VLY	B	0.11%	0.11%	0.11%
	VMI	B	0.17%	0.15%	0.15%
	VOYA	B	0.2%	0.18%	0.18%
	VVV	F	0.14%	0.12%	0.12%
	WAL	B	0.24%	0.22%	0.22%
	WBS	A	0.26%	0.23%	0.23%
	WCC	B	0.23%	0.2%	0.2%
	WEX	D	0.19%	0.16%	0.16%
	WFRD	D	0.15%	0.13%	0.13%
	WH	B	0.19%	0.17%	0.17%
	WHR	B	0.15%	0.14%	0.14%
	WING	D	0.24%	0.21%	0.21%
	WMS	D	0.24%	0.21%	0.21%
	WSC	D	0.17%	0.14%	0.14%
	WSM	B	0.41%	0.37%	0.37%
	WTFC	A	0.21%	0.19%	0.19%
	WTRG	B	0.24%	0.22%	0.22%
	WU	D	0.09%	0.08%	0.08%
	WWD	B	0.24%	0.22%	0.22%
	X	C	0.21%	0.18%	0.18%
	XPO	B	0.42%	0.38%	0.38%
	XRAY	F	0.1%	0.08%	0.08%
	ZION	B	0.22%	0.19%	0.19%
	ZWS	B	0.14%	0.12%	0.12%

BBMC Overweight 203 Positions Relative to SCHM

	Symbol	Grade	Weight
	MSTR	C	1.69%
	APP	B	1.55%
	CVNA	B	0.7%
	PSTG	D	0.38%
	ERIE	D	0.26%
	R	B	0.18%
	CWST	A	0.17%
	AZEK	A	0.17%
	AWI	A	0.17%
	ONB	B	0.17%
	CADE	B	0.17%
	BECN	B	0.17%
	ESAB	B	0.17%
	GTLB	B	0.17%
	BMI	B	0.16%
	ESI	A	0.16%
	COLB	A	0.16%
	KD	B	0.16%
	DOCS	C	0.16%
	RHP	B	0.16%
	HRI	B	0.15%
	VNT	B	0.15%
	EPRT	B	0.15%
	FNB	A	0.15%
	ALTR	B	0.15%
	COOP	B	0.15%
	KRG	B	0.15%
	HOMB	A	0.15%
	FOUR	B	0.15%
	CBT	C	0.15%
	MMSI	B	0.15%
	GPI	A	0.14%
	SKY	A	0.14%
	FSS	B	0.14%
	UMBF	B	0.14%
	BPMC	C	0.14%
	UBSI	B	0.14%
	BCPC	B	0.14%
	WTS	B	0.14%
	ACA	A	0.13%
	VKTX	F	0.13%
	SM	B	0.13%
	RDN	C	0.13%
	ABG	B	0.13%
	SLM	A	0.13%
	GATX	A	0.13%
	LITE	B	0.13%
	BE	B	0.12%
	AVNT	B	0.12%
	WK	B	0.12%
	MGY	A	0.12%
	IRT	A	0.12%
	AVT	C	0.12%
	NJR	A	0.12%
	PECO	A	0.12%
	BDC	B	0.12%
	MDGL	B	0.12%
	WTM	A	0.12%
	TENB	C	0.12%
	AGO	B	0.12%
	EXPO	D	0.12%
	IBP	D	0.12%
	BOX	B	0.12%
	HWC	B	0.12%
	SIG	B	0.11%
	ORA	B	0.11%
	FELE	B	0.11%
	SANM	B	0.11%
	PNM	F	0.11%
	SWX	B	0.11%
	KMPR	B	0.11%
	CUZ	B	0.11%
	SLGN	A	0.11%
	HAE	C	0.11%
	WMG	C	0.11%
	LOPE	B	0.11%
	NEU	C	0.1%
	ENS	D	0.1%
	SR	A	0.1%
	GTES	A	0.1%
	OGS	A	0.1%
	FUL	F	0.1%
	PBH	A	0.1%
	AEIS	B	0.1%
	M	D	0.1%
	SMPL	B	0.09%
	POWI	D	0.09%
	ASO	F	0.09%
	BLKB	B	0.09%
	NWL	B	0.09%
	TEX	D	0.09%
	CCOI	B	0.09%
	DXC	B	0.09%
	APLE	B	0.09%
	NVST	B	0.09%
	FHI	A	0.09%
	PEGA	A	0.09%
	SPR	D	0.09%
	AXSM	B	0.09%
	RARE	D	0.09%
	PRGO	B	0.09%
	MSM	C	0.09%
	MSGS	A	0.09%
	ALE	A	0.09%
	ESGR	B	0.09%
	RUSHA	C	0.09%
	SEM	B	0.09%
	JBT	B	0.09%
	TNL	A	0.09%
	NSA	D	0.08%
	AVA	A	0.08%
	PTEN	C	0.08%
	HGV	B	0.08%
	AWR	B	0.08%
	BTU	B	0.08%
	IRDM	D	0.08%
	BHF	B	0.08%
	ALIT	C	0.08%
	SLAB	D	0.08%
	SMG	D	0.08%
	NWE	A	0.08%
	ATKR	C	0.08%
	YETI	C	0.08%
	HUN	F	0.08%
	SXT	B	0.08%
	NEOG	F	0.08%
	OTTR	C	0.08%
	PCH	D	0.08%
	HP	B	0.08%
	CRVL	A	0.08%
	ENV	B	0.08%
	HL	D	0.08%
	EPR	D	0.08%
	CRC	A	0.08%
	CNS	B	0.07%
	NSP	D	0.07%
	GT	C	0.07%
	PENN	C	0.07%
	FIVN	C	0.07%
	ZI	D	0.07%
	VAC	B	0.07%
	DV	C	0.07%
	TDC	D	0.07%
	CC	C	0.07%
	PFSI	D	0.07%
	SYNA	C	0.07%
	CWT	D	0.07%
	SAM	C	0.07%
	BL	B	0.07%
	WEN	D	0.07%
	BXMT	C	0.07%
	MAN	D	0.07%
	IPGP	D	0.06%
	ARWR	F	0.06%
	HI	C	0.06%
	IPAR	B	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%
	ENOV	C	0.06%
	CPRI	F	0.06%
	DIOD	D	0.06%
	HHH	B	0.06%
	JJSF	B	0.06%
	VC	D	0.06%
	MPW	F	0.06%
	FOLD	F	0.06%
	AZTA	D	0.05%
	UAA	C	0.05%
	FRHC	B	0.05%
	GOLF	B	0.05%
	ACAD	D	0.05%
	FLYW	C	0.05%
	EVH	F	0.04%
	LTH	C	0.04%
	LBRDA	C	0.04%
	IMVT	F	0.04%
	SGRY	F	0.04%
	GEF	A	0.04%
	MP	B	0.04%
	ADNT	F	0.04%
	CAR	C	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%
	UA	B	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%
	PLTK	B	0.01%

BBMC Underweight 111 Positions Relative to SCHM

	Symbol	Grade	Weight
	UAL	A	-0.66%
	TPL	A	-0.57%
	EQT	B	-0.56%
	PKG	A	-0.47%
	IP	B	-0.44%
	STLD	B	-0.44%
	BAH	F	-0.43%
	SNA	A	-0.42%
	NRG	B	-0.42%
	FDS	B	-0.41%
	WSO	A	-0.4%
	PODD	C	-0.4%
	PNR	A	-0.39%
	KEY	B	-0.39%
	BURL	A	-0.38%
	PINS	D	-0.38%
	RBA	A	-0.38%
	MAS	D	-0.38%
	IEX	B	-0.38%
	TRMB	B	-0.38%
	KIM	A	-0.37%
	OC	A	-0.37%
	EG	C	-0.36%
	DOCU	A	-0.36%
	NI	A	-0.36%
	DT	C	-0.35%
	LNT	A	-0.35%
	FNF	B	-0.35%
	TXT	D	-0.35%
	AVY	D	-0.35%
	MRO	B	-0.35%
	EQH	B	-0.34%
	L	A	-0.34%
	RGA	A	-0.34%
	VTRS	A	-0.34%
	TWLO	A	-0.34%
	DOC	D	-0.33%
	ENTG	D	-0.33%
	FLEX	A	-0.33%
	Z	A	-0.33%
	EWBC	A	-0.32%
	NWSA	B	-0.32%
	EVRG	A	-0.32%
	FFIV	B	-0.31%
	EPAM	C	-0.3%
	POOL	C	-0.3%
	ELS	C	-0.29%
	UDR	B	-0.29%
	JKHY	D	-0.28%
	CPT	B	-0.28%
	BG	F	-0.28%
	UHS	D	-0.27%
	JNPR	F	-0.27%
	REG	B	-0.27%
	FTI	A	-0.27%
	BMRN	D	-0.27%
	HST	C	-0.27%
	INCY	C	-0.27%
	ALB	C	-0.27%
	ALLE	D	-0.27%
	KMX	B	-0.27%
	WPC	D	-0.27%
	DAY	B	-0.26%
	NBIX	C	-0.26%
	OKTA	C	-0.26%
	EMN	D	-0.26%
	SNAP	C	-0.25%
	SJM	D	-0.25%
	INSM	C	-0.25%
	BXP	D	-0.25%
	TECH	D	-0.24%
	PAYC	B	-0.24%
	CCK	C	-0.24%
	LW	C	-0.24%
	TAP	C	-0.24%
	IPG	D	-0.23%
	CG	A	-0.23%
	AES	F	-0.22%
	AFG	A	-0.22%
	RPRX	D	-0.22%
	LKQ	D	-0.22%
	CNH	C	-0.21%
	CRL	C	-0.21%
	TFX	F	-0.2%
	EXAS	D	-0.2%
	MOS	F	-0.19%
	WYNN	D	-0.19%
	CPB	D	-0.19%
	MGM	D	-0.19%
	CRS	A	-0.19%
	CE	F	-0.18%
	APA	D	-0.18%
	CRBG	B	-0.18%
	HII	D	-0.17%
	GKOS	B	-0.17%
	ACI	C	-0.17%
	BSY	D	-0.16%
	CVLT	B	-0.16%
	BEN	C	-0.15%
	VNO	B	-0.15%
	QRVO	F	-0.14%
	SIRI	C	-0.13%
	WBA	F	-0.13%
	U	C	-0.11%
	WLK	D	-0.09%
	W	F	-0.08%
	AGR	B	-0.06%
	SMMT	D	-0.06%
	UI	A	-0.03%
	FG	B	-0.02%
	CNA	B	-0.02%

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

SCHM: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Diversified Industrials Business Services Oil & Gas E&P Asset Management Software - Infrastructure Packaged Foods Building Materials Packaging & Containers Specialty Retail Diagnostics & Research Engineering & Construction Insurance - Property & Casualty Capital Markets Information Technology Services Medical Care REIT - Industrial Utilities - Regulated Electric

Keywords: S&P 500 Banking Insurance Natural Gas Chemical Bank Mining Real Estate Investment Trust Aerospace Computing Electronics Biotechnology Medicine Beverage Building Materials Construction Semiconductor Electricity Biopharmaceutical Commercial Banking