BBMC vs. UMDD ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) to UltraPro MidCap400 (UMDD)

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

UMDD

UltraPro MidCap400

UMDD Description

The investment seeks daily investment results that correspond to three times (3x) the daily performance of the S&P MidCap400®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.04

Average Daily Volume

17,572

Number of Holdings ^*

393

* may have additional holdings in another (foreign) market

Performance

Period	BBMC	UMDD
30 Days	4.70%	10.46%
60 Days	4.31%	7.85%
90 Days	7.52%	15.82%
12 Months	23.36%	55.62%

349 Overlapping Holdings

	Symbol	Grade	Weight in BBMC	Weight in UMDD	Overlap
	AA	D	0.2%	0.16%	0.16%
	AAON	B	0.17%	0.13%	0.13%
	ACHC	C	0.2%	0.16%	0.16%
	ACM	B	0.36%	0.29%	0.29%
	ADC	C	0.2%	0.17%	0.17%
	ADNT	F	0.05%	0.04%	0.04%
	AGCO	D	0.16%	0.12%	0.12%
	AIT	A	0.21%	0.17%	0.17%
	ALE	B	0.1%	0.08%	0.08%
	ALGM	F	0.05%	0.05%	0.05%
	ALLY	F	0.3%	0.24%	0.24%
	ALTR	D	0.14%	0.11%	0.11%
	ALV	F	0.19%	0.16%	0.16%
	AM	C	0.14%	0.11%	0.11%
	AMG	C	0.15%	0.12%	0.12%
	AMH	C	0.35%	0.29%	0.29%
	AMKR	F	0.1%	0.07%	0.07%
	AN	D	0.12%	0.09%	0.09%
	ANF	D	0.19%	0.15%	0.15%
	AR	F	0.21%	0.17%	0.17%
	ARMK	B	0.27%	0.22%	0.22%
	ARW	C	0.19%	0.15%	0.15%
	ARWR	F	0.07%	0.06%	0.06%
	ASGN	D	0.12%	0.09%	0.09%
	ASH	D	0.11%	0.1%	0.1%
	ATR	B	0.28%	0.23%	0.23%
	AVNT	B	0.11%	0.09%	0.09%
	AVT	C	0.13%	0.1%	0.1%
	AXTA	B	0.2%	0.17%	0.17%
	AYI	B	0.22%	0.17%	0.17%
	AZTA	F	0.06%	0.06%	0.06%
	BC	C	0.14%	0.11%	0.11%
	BDC	B	0.11%	0.09%	0.09%
	BERY	B	0.22%	0.17%	0.17%
	BHF	F	0.07%	0.06%	0.06%
	BJ	D	0.27%	0.23%	0.23%
	BKH	B	0.12%	0.09%	0.09%
	BLD	D	0.32%	0.26%	0.26%
	BLKB	C	0.1%	0.07%	0.07%
	BRBR	C	0.21%	0.17%	0.17%
	BRKR	D	0.17%	0.14%	0.14%
	BRX	B	0.23%	0.18%	0.18%
	BWXT	D	0.25%	0.2%	0.2%
	BYD	C	0.12%	0.09%	0.09%
	CACC	F	0.07%	0.06%	0.06%
	CACI	B	0.29%	0.23%	0.23%
	CADE	C	0.16%	0.13%	0.13%
	CAR	F	0.03%	0.03%	0.03%
	CASY	D	0.38%	0.31%	0.31%
	CBSH	C	0.22%	0.16%	0.16%
	CBT	B	0.16%	0.12%	0.12%
	CC	F	0.07%	0.06%	0.06%
	CELH	F	0.15%	0.11%	0.11%
	CFR	C	0.18%	0.15%	0.15%
	CGNX	F	0.18%	0.15%	0.15%
	CHDN	C	0.28%	0.21%	0.21%
	CHE	C	0.24%	0.19%	0.19%
	CHH	C	0.1%	0.07%	0.07%
	CHK	D	0.21%	0.18%	0.18%
	CHRD	F	0.23%	0.19%	0.19%
	CHX	F	0.15%	0.12%	0.12%
	CIEN	C	0.21%	0.17%	0.17%
	CIVI	F	0.11%	0.11%	0.11%
	CLF	F	0.15%	0.12%	0.12%
	CLH	A	0.34%	0.26%	0.26%
	CMC	D	0.16%	0.13%	0.13%
	CNM	F	0.19%	0.15%	0.15%
	CNXC	F	0.09%	0.08%	0.08%
	COHR	C	0.3%	0.21%	0.21%
	COKE	C	0.18%	0.14%	0.14%
	COLB	B	0.14%	0.11%	0.11%
	COLM	C	0.08%	0.06%	0.06%
	COTY	F	0.1%	0.07%	0.07%
	CPRI	D	0.12%	0.09%	0.09%
	CR	C	0.2%	0.16%	0.16%
	CROX	D	0.21%	0.18%	0.18%
	CRUS	D	0.2%	0.16%	0.16%
	CSL	B	0.53%	0.43%	0.43%
	CUBE	C	0.33%	0.26%	0.26%
	CUZ	B	0.11%	0.1%	0.1%
	CW	B	0.32%	0.25%	0.25%
	CYTK	F	0.17%	0.14%	0.14%
	DAR	F	0.16%	0.13%	0.13%
	DBX	D	0.16%	0.13%	0.13%
	DCI	C	0.24%	0.19%	0.19%
	DINO	F	0.21%	0.15%	0.15%
	DKS	D	0.34%	0.27%	0.27%
	DLB	F	0.11%	0.09%	0.09%
	DOCS	B	0.13%	0.1%	0.1%
	DTM	B	0.2%	0.16%	0.16%
	DUOL	B	0.22%	0.17%	0.17%
	EEFT	D	0.12%	0.1%	0.1%
	EGP	B	0.25%	0.2%	0.2%
	EHC	C	0.26%	0.21%	0.21%
	ELF	F	0.17%	0.15%	0.15%
	EME	B	0.48%	0.37%	0.37%
	ENOV	D	0.06%	0.05%	0.05%
	ENS	D	0.11%	0.09%	0.09%
	EPR	B	0.1%	0.08%	0.08%
	ERIE	B	0.36%	0.28%	0.28%
	ESAB	C	0.15%	0.12%	0.12%
	ESNT	B	0.19%	0.15%	0.15%
	EVR	A	0.24%	0.19%	0.19%
	EXEL	C	0.21%	0.17%	0.17%
	EXLS	B	0.16%	0.13%	0.13%
	EXP	B	0.23%	0.19%	0.19%
	EXPO	B	0.15%	0.12%	0.12%
	FAF	B	0.19%	0.15%	0.15%
	FCN	D	0.22%	0.17%	0.17%
	FFIN	B	0.14%	0.1%	0.1%
	FHI	A	0.08%	0.06%	0.06%
	FHN	D	0.24%	0.19%	0.19%
	FIVE	D	0.13%	0.1%	0.1%
	FIX	B	0.31%	0.24%	0.24%
	FLO	C	0.13%	0.1%	0.1%
	FLR	D	0.21%	0.17%	0.17%
	FLS	D	0.17%	0.13%	0.13%
	FNB	C	0.14%	0.11%	0.11%
	FND	C	0.32%	0.26%	0.26%
	FR	B	0.2%	0.17%	0.17%
	FYBR	C	0.18%	0.18%	0.18%
	G	C	0.17%	0.14%	0.14%
	GAP	F	0.12%	0.1%	0.1%
	GATX	D	0.13%	0.11%	0.11%
	GBCI	B	0.14%	0.11%	0.11%
	GEF	D	0.04%	0.04%	0.04%
	GGG	C	0.39%	0.31%	0.31%
	GLPI	C	0.38%	0.32%	0.32%
	GME	F	0.26%	0.15%	0.15%
	GMED	D	0.22%	0.18%	0.18%
	GNTX	F	0.2%	0.16%	0.16%
	GPK	B	0.25%	0.2%	0.2%
	GT	F	0.06%	0.05%	0.05%
	GTLS	F	0.13%	0.11%	0.11%
	GXO	D	0.16%	0.13%	0.13%
	H	C	0.18%	0.15%	0.15%
	HAE	F	0.1%	0.08%	0.08%
	HALO	C	0.21%	0.17%	0.17%
	HGV	F	0.07%	0.06%	0.06%
	HLI	B	0.22%	0.18%	0.18%
	HOG	C	0.14%	0.1%	0.1%
	HOMB	B	0.15%	0.11%	0.11%
	HQY	C	0.18%	0.15%	0.15%
	HRB	C	0.25%	0.2%	0.2%
	HWC	D	0.12%	0.1%	0.1%
	HXL	F	0.14%	0.11%	0.11%
	IBKR	B	0.37%	0.3%	0.3%
	IDA	C	0.15%	0.12%	0.12%
	INGR	B	0.25%	0.2%	0.2%
	IPGP	F	0.05%	0.04%	0.04%
	IRDM	D	0.08%	0.07%	0.07%
	IRT	B	0.12%	0.1%	0.1%
	ITT	B	0.3%	0.24%	0.24%
	JAZZ	D	0.19%	0.15%	0.15%
	JEF	B	0.26%	0.21%	0.21%
	JHG	B	0.13%	0.1%	0.1%
	JLL	B	0.34%	0.26%	0.26%
	KBH	A	0.15%	0.13%	0.13%
	KBR	D	0.23%	0.19%	0.19%
	KD	D	0.15%	0.12%	0.12%
	KEX	C	0.19%	0.15%	0.15%
	KMPR	D	0.1%	0.08%	0.08%
	KNSL	C	0.29%	0.23%	0.23%
	KNX	C	0.22%	0.18%	0.18%
	KRC	C	0.11%	0.08%	0.08%
	KRG	B	0.16%	0.13%	0.13%
	LAD	D	0.21%	0.17%	0.17%
	LAMR	B	0.3%	0.24%	0.24%
	LANC	D	0.1%	0.08%	0.08%
	LEA	F	0.18%	0.14%	0.14%
	LECO	F	0.28%	0.22%	0.22%
	LFUS	C	0.17%	0.14%	0.14%
	LITE	B	0.1%	0.08%	0.08%
	LNTH	D	0.19%	0.16%	0.16%
	LNW	B	0.27%	0.21%	0.21%
	LOPE	D	0.11%	0.09%	0.09%
	LPX	B	0.17%	0.13%	0.13%
	LSCC	D	0.16%	0.13%	0.13%
	LSTR	D	0.18%	0.14%	0.14%
	M	F	0.11%	0.09%	0.09%
	MAN	C	0.09%	0.07%	0.07%
	MANH	B	0.44%	0.35%	0.35%
	MASI	F	0.14%	0.11%	0.11%
	MAT	C	0.18%	0.14%	0.14%
	MDU	C	0.13%	0.11%	0.11%
	MEDP	F	0.24%	0.18%	0.18%
	MIDD	D	0.2%	0.16%	0.16%
	MKSI	F	0.17%	0.15%	0.15%
	MMS	C	0.15%	0.12%	0.12%
	MORN	C	0.23%	0.18%	0.18%
	MP	D	0.04%	0.04%	0.04%
	MSA	D	0.18%	0.14%	0.14%
	MSM	D	0.1%	0.08%	0.08%
	MTDR	F	0.17%	0.13%	0.13%
	MTG	B	0.19%	0.15%	0.15%
	MTN	D	0.19%	0.16%	0.16%
	MTSI	D	0.16%	0.12%	0.12%
	MTZ	B	0.17%	0.13%	0.13%
	MUR	F	0.15%	0.11%	0.11%
	MUSA	D	0.29%	0.22%	0.22%
	NEOG	D	0.09%	0.07%	0.07%
	NEU	D	0.12%	0.09%	0.09%
	NFG	B	0.15%	0.12%	0.12%
	NJR	B	0.13%	0.1%	0.1%
	NNN	C	0.25%	0.2%	0.2%
	NOV	F	0.18%	0.15%	0.15%
	NOVT	D	0.17%	0.14%	0.14%
	NSA	B	0.09%	0.07%	0.07%
	NSP	F	0.09%	0.07%	0.07%
	NVST	D	0.08%	0.07%	0.07%
	NVT	D	0.29%	0.23%	0.23%
	NWE	B	0.09%	0.07%	0.07%
	NXST	D	0.14%	0.11%	0.11%
	NYT	C	0.23%	0.2%	0.2%
	OGE	C	0.22%	0.18%	0.18%
	OGS	B	0.1%	0.09%	0.09%
	OHI	B	0.27%	0.22%	0.22%
	OLED	C	0.25%	0.18%	0.18%
	OLLI	C	0.16%	0.12%	0.12%
	OLN	D	0.14%	0.11%	0.11%
	ONB	C	0.17%	0.13%	0.13%
	ONTO	D	0.25%	0.2%	0.2%
	OPCH	C	0.16%	0.13%	0.13%
	ORA	C	0.11%	0.09%	0.09%
	ORI	B	0.25%	0.2%	0.2%
	OSK	F	0.18%	0.14%	0.14%
	OVV	F	0.3%	0.23%	0.23%
	OZK	D	0.12%	0.09%	0.09%
	PAG	D	0.09%	0.07%	0.07%
	PB	B	0.19%	0.16%	0.16%
	PBF	F	0.09%	0.08%	0.08%
	PCH	C	0.09%	0.08%	0.08%
	PCTY	C	0.19%	0.15%	0.15%
	PEN	D	0.2%	0.18%	0.18%
	PFGC	B	0.31%	0.25%	0.25%
	PGNY	F	0.06%	0.04%	0.04%
	PII	D	0.12%	0.09%	0.09%
	PLNT	B	0.2%	0.16%	0.16%
	PNFP	B	0.2%	0.16%	0.16%
	PNM	B	0.1%	0.08%	0.08%
	POR	C	0.14%	0.11%	0.11%
	POST	C	0.18%	0.13%	0.13%
	POWI	F	0.09%	0.07%	0.07%
	PPC	D	0.05%	0.04%	0.04%
	PR	F	0.19%	0.15%	0.15%
	PRGO	D	0.1%	0.09%	0.09%
	PRI	B	0.25%	0.2%	0.2%
	PSTG	F	0.4%	0.31%	0.31%
	PVH	F	0.15%	0.12%	0.12%
	QLYS	F	0.12%	0.1%	0.1%
	R	A	0.16%	0.13%	0.13%
	RBC	C	0.23%	0.18%	0.18%
	RCM	C	0.06%	0.06%	0.06%
	REXR	C	0.28%	0.24%	0.24%
	RGEN	D	0.21%	0.17%	0.17%
	RGLD	C	0.25%	0.2%	0.2%
	RH	B	0.1%	0.09%	0.09%
	RLI	B	0.18%	0.14%	0.14%
	RMBS	F	0.12%	0.09%	0.09%
	RNR	C	0.37%	0.31%	0.31%
	RPM	B	0.42%	0.33%	0.33%
	RRC	D	0.19%	0.15%	0.15%
	RRX	C	0.28%	0.22%	0.22%
	RS	D	0.44%	0.35%	0.35%
	RYAN	D	0.18%	0.15%	0.15%
	RYN	C	0.11%	0.09%	0.09%
	SAIA	D	0.31%	0.24%	0.24%
	SAIC	C	0.19%	0.15%	0.15%
	SAM	F	0.07%	0.06%	0.06%
	SCI	B	0.32%	0.26%	0.26%
	SEIC	C	0.21%	0.15%	0.15%
	SF	A	0.24%	0.19%	0.19%
	SFM	B	0.28%	0.22%	0.22%
	SHC	C	0.06%	0.04%	0.04%
	SIGI	D	0.15%	0.12%	0.12%
	SKX	D	0.25%	0.2%	0.2%
	SLAB	D	0.09%	0.08%	0.08%
	SLGN	B	0.12%	0.09%	0.09%
	SLM	D	0.12%	0.1%	0.1%
	SMG	C	0.08%	0.06%	0.06%
	SNV	C	0.18%	0.14%	0.14%
	SNX	D	0.15%	0.19%	0.15%
	SON	C	0.15%	0.12%	0.12%
	SR	B	0.11%	0.09%	0.09%
	SRCL	A	0.16%	0.13%	0.13%
	SRPT	D	0.33%	0.27%	0.27%
	SSB	B	0.2%	0.16%	0.16%
	SSD	D	0.2%	0.16%	0.16%
	ST	D	0.15%	0.12%	0.12%
	STAG	C	0.2%	0.16%	0.16%
	STWD	A	0.16%	0.14%	0.14%
	SWN	D	0.19%	0.15%	0.15%
	SWX	C	0.11%	0.09%	0.09%
	SYNA	F	0.08%	0.06%	0.06%
	TDC	F	0.07%	0.06%	0.06%
	TEX	F	0.09%	0.08%	0.08%
	THC	A	0.42%	0.34%	0.34%
	THG	B	0.15%	0.12%	0.12%
	THO	D	0.15%	0.12%	0.12%
	TKO	B	0.23%	0.15%	0.15%
	TKR	D	0.15%	0.11%	0.11%
	TMHC	A	0.18%	0.15%	0.15%
	TNL	D	0.08%	0.07%	0.07%
	TOL	B	0.4%	0.33%	0.33%
	TPX	C	0.23%	0.19%	0.19%
	TREX	D	0.19%	0.15%	0.15%
	TTC	D	0.24%	0.19%	0.19%
	TTEK	C	0.34%	0.27%	0.27%
	TXRH	C	0.3%	0.24%	0.24%
	UA	D	0.03%	0.03%	0.03%
	UAA	C	0.04%	0.03%	0.03%
	UBSI	B	0.14%	0.11%	0.11%
	UFPI	C	0.2%	0.16%	0.16%
	UGI	C	0.14%	0.11%	0.11%
	UMBF	B	0.13%	0.1%	0.1%
	UNM	B	0.27%	0.22%	0.22%
	USFD	B	0.37%	0.29%	0.29%
	UTHR	C	0.37%	0.35%	0.35%
	VAC	F	0.06%	0.05%	0.05%
	VAL	F	0.1%	0.08%	0.08%
	VC	F	0.07%	0.06%	0.06%
	VLY	C	0.1%	0.08%	0.08%
	VMI	D	0.15%	0.12%	0.12%
	VNT	F	0.14%	0.11%	0.11%
	VOYA	B	0.2%	0.16%	0.16%
	VVV	D	0.14%	0.11%	0.11%
	WBS	D	0.22%	0.17%	0.17%
	WCC	D	0.19%	0.15%	0.15%
	WEN	C	0.08%	0.06%	0.06%
	WEX	C	0.23%	0.18%	0.18%
	WFRD	F	0.19%	0.15%	0.15%
	WH	B	0.17%	0.14%	0.14%
	WHR	D	0.15%	0.12%	0.12%
	WING	B	0.3%	0.24%	0.24%
	WMG	D	0.11%	0.09%	0.09%
	WMS	D	0.28%	0.22%	0.22%
	WOLF	F	0.03%	0.02%	0.02%
	WSM	D	0.45%	0.38%	0.38%
	WTFC	C	0.19%	0.15%	0.15%
	WTRG	D	0.27%	0.22%	0.22%
	WTS	C	0.15%	0.12%	0.12%
	WU	F	0.12%	0.09%	0.09%
	WWD	D	0.26%	0.22%	0.22%
	X	F	0.21%	0.16%	0.16%
	XPO	D	0.33%	0.27%	0.27%
	XRAY	D	0.15%	0.12%	0.12%
	YETI	D	0.09%	0.07%	0.07%
	ZI	D	0.08%	0.06%	0.06%
	ZION	D	0.19%	0.15%	0.15%

BBMC Overweight 227 Positions Relative to UMDD

	Symbol	Grade	Weight
	MSTR	D	0.54%
	APP	C	0.51%
	DKNG	C	0.48%
	NTNX	C	0.41%
	NTRA	C	0.4%
	CVNA	B	0.39%
	GWRE	A	0.39%
	TW	B	0.37%
	NDSN	C	0.36%
	JBL	D	0.34%
	CHRW	B	0.33%
	PCVX	C	0.32%
	CTLT	B	0.3%
	PNW	C	0.29%
	AIZ	B	0.28%
	HOOD	C	0.28%
	TPR	C	0.27%
	GL	C	0.27%
	MTCH	C	0.27%
	TOST	C	0.27%
	FRT	C	0.27%
	MKTX	C	0.27%
	SOLV	C	0.26%
	RIVN	F	0.26%
	AOS	D	0.26%
	HSIC	C	0.25%
	HAS	B	0.25%
	WAL	B	0.25%
	IOT	B	0.25%
	ENSG	B	0.24%
	GNRC	D	0.24%
	AFRM	C	0.24%
	COLD	D	0.22%
	ROKU	C	0.22%
	MHK	C	0.22%
	BFAM	C	0.22%
	CMA	B	0.21%
	MLI	B	0.21%
	SOFI	C	0.21%
	ATI	D	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%
	ALSN	B	0.21%
	FMC	C	0.21%
	FN	D	0.21%
	WSC	D	0.2%
	SMAR	C	0.2%
	ITCI	D	0.2%
	ELAN	D	0.2%
	UHAL	A	0.19%
	BIO	C	0.19%
	SPSC	D	0.19%
	AAL	D	0.19%
	BPOP	C	0.19%
	MTH	A	0.19%
	RL	C	0.19%
	INSP	C	0.18%
	TRNO	C	0.18%
	RHI	D	0.18%
	LBRDK	F	0.18%
	IONS	F	0.18%
	S	C	0.17%
	AZEK	C	0.17%
	SITE	C	0.17%
	CWST	D	0.17%
	AXS	B	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%
	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%
	VFC	C	0.16%
	PARA	F	0.16%
	RHP	C	0.16%
	RVMD	C	0.16%
	IVZ	B	0.15%
	RDN	C	0.15%
	BILL	D	0.15%
	AWI	B	0.15%
	COOP	C	0.15%
	BPMC	F	0.15%
	BCPC	C	0.15%
	PATH	D	0.15%
	RARE	B	0.14%
	IBP	D	0.14%
	LNC	D	0.14%
	OMF	D	0.14%
	SKY	B	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%
	PECO	B	0.13%
	ZWS	A	0.13%
	TENB	F	0.13%
	PCOR	F	0.13%
	BOX	C	0.13%
	GPI	B	0.13%
	SEE	D	0.13%
	SUM	D	0.12%
	FUL	C	0.12%
	AL	D	0.12%
	LYFT	D	0.11%
	MDGL	F	0.11%
	CRSP	F	0.11%
	IAC	C	0.11%
	FELE	C	0.11%
	ASO	C	0.11%
	SPR	D	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%
	AEIS	D	0.1%
	EVH	C	0.1%
	SANM	D	0.1%
	HRI	D	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%
	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%
	DV	F	0.07%
	BE	F	0.06%
	FIVN	F	0.06%
	PINC	C	0.06%
	ADTN	D	0.06%
	IPAR	F	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%
	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 44 Positions Relative to UMDD

	Symbol	Grade	Weight
	ILMN	C	-0.45%
	LII	B	-0.4%
	AVTR	B	-0.39%
	BURL	B	-0.37%
	BMRN	F	-0.36%
	TPL	B	-0.34%
	RBA	B	-0.34%
	FNF	B	-0.34%
	RGA	C	-0.32%
	WSO	C	-0.32%
	OC	D	-0.31%
	ELS	C	-0.31%
	WPC	C	-0.3%
	DT	C	-0.27%
	EQH	C	-0.27%
	NBIX	F	-0.27%
	CCK	A	-0.25%
	EWBC	D	-0.25%
	AFG	B	-0.2%
	CG	D	-0.18%
	CVLT	B	-0.14%
	VNO	C	-0.12%
	BCO	B	-0.11%
	APPF	D	-0.11%
	WLK	D	-0.1%
	SBRA	C	-0.09%
	CNX	B	-0.09%
	KNF	B	-0.09%
	CNO	B	-0.08%
	PK	D	-0.07%
	TCBI	B	-0.07%
	ASB	D	-0.07%
	AMED	C	-0.07%
	IBOC	D	-0.07%
	CRI	D	-0.06%
	GHC	B	-0.06%
	LIVN	D	-0.06%
	ZD	D	-0.05%
	JWN	C	-0.05%
	TGNA	D	-0.05%
	VSH	F	-0.05%
	HELE	D	-0.03%
	EXR	B	-0.0%
	SLG	C	-0.0%

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

UMDD: Top Represented Industries & Keywords

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

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