BBUS vs. SPY ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Equity ETF (BBUS) to SPDR S&P 500 (SPY)

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$102.61

Average Daily Volume

147,065

Number of Holdings ^*

539

* may have additional holdings in another (foreign) market

SPY

SPDR S&P 500

SPY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P 500 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$567.84

Average Daily Volume

50,678,851

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	BBUS	SPY
30 Days	2.30%	2.20%
60 Days	4.10%	4.01%
90 Days	5.06%	4.86%
12 Months	31.76%	31.53%

467 Overlapping Holdings

Symbol	Grade	Weight in BBUS	Weight in SPY	Overlap
A	C	0.08%	0.09%	0.08%
AAPL	C	6.35%	6.87%	6.35%
ABBV	C	0.7%	0.74%	0.7%
ABNB	D	0.1%	0.11%	0.1%
ABT	C	0.42%	0.43%	0.42%
ACGL	C	0.09%	0.09%	0.09%
ACN	C	0.45%	0.47%	0.45%
ADBE	F	0.48%	0.56%	0.48%
ADI	C	0.23%	0.24%	0.23%
ADM	D	0.06%	0.06%	0.06%
ADP	B	0.23%	0.24%	0.23%
ADSK	C	0.12%	0.12%	0.12%
AEE	C	0.05%	0.05%	0.05%
AEP	C	0.11%	0.12%	0.11%
AES	C	0.03%	0.03%	0.03%
AFL	C	0.12%	0.12%	0.12%
AIG	D	0.1%	0.1%	0.1%
AJG	D	0.13%	0.14%	0.13%
AKAM	D	0.03%	0.03%	0.03%
ALB	D	0.02%	0.02%	0.02%
ALGN	D	0.04%	0.03%	0.03%
ALL	B	0.1%	0.1%	0.1%
ALLE	B	0.03%	0.03%	0.03%
AMAT	D	0.32%	0.33%	0.32%
AMCR	B	0.03%	0.03%	0.03%
AMD	D	0.5%	0.52%	0.5%
AME	C	0.08%	0.08%	0.08%
AMGN	B	0.36%	0.38%	0.36%
AMP	A	0.09%	0.09%	0.09%
AMT	C	0.23%	0.24%	0.23%
AMZN	C	3.54%	3.61%	3.54%
ANET	B	0.19%	0.18%	0.18%
ANSS	D	0.06%	0.06%	0.06%
AON	B	0.15%	0.16%	0.15%
APA	F	0.02%	0.02%	0.02%
APD	B	0.13%	0.13%	0.13%
APH	D	0.15%	0.16%	0.15%
APTV	D	0.03%	0.04%	0.03%
ARE	C	0.04%	0.04%	0.04%
ATO	B	0.04%	0.04%	0.04%
AVB	B	0.07%	0.07%	0.07%
AVGO	C	1.52%	1.48%	1.48%
AVY	C	0.04%	0.04%	0.04%
AWK	B	0.06%	0.06%	0.06%
AXON	B	0.06%	0.05%	0.05%
AXP	B	0.3%	0.31%	0.3%
AZO	D	0.11%	0.12%	0.11%
BA	F	0.19%	0.2%	0.19%
BAC	D	0.54%	0.57%	0.54%
BALL	C	0.04%	0.04%	0.04%
BAX	C	0.04%	0.04%	0.04%
BBY	C	0.04%	0.04%	0.04%
BDX	D	0.14%	0.14%	0.14%
BEN	F	0.01%	0.01%	0.01%
BG	D	0.03%	0.03%	0.03%
BIIB	F	0.06%	0.06%	0.06%
BK	B	0.11%	0.11%	0.11%
BKNG	C	0.27%	0.28%	0.27%
BKR	C	0.07%	0.07%	0.07%
BLDR	C	0.05%	0.04%	0.04%
BLK	B	0.27%	0.26%	0.26%
BMY	C	0.21%	0.21%	0.21%
BR	D	0.05%	0.05%	0.05%
BRK.A	C	1.66%	1.76%	1.66%
BRO	C	0.05%	0.05%	0.05%
BSX	B	0.25%	0.26%	0.25%
BX	B	0.22%	0.22%	0.22%
BXP	B	0.03%	0.02%	0.02%
C	C	0.23%	0.23%	0.23%
CAG	C	0.03%	0.03%	0.03%
CAH	C	0.06%	0.06%	0.06%
CARR	B	0.13%	0.13%	0.13%
CAT	B	0.35%	0.35%	0.35%
CB	B	0.24%	0.25%	0.24%
CBRE	A	0.07%	0.07%	0.07%
CCI	C	0.11%	0.11%	0.11%
CCL	C	0.04%	0.04%	0.04%
CDNS	D	0.15%	0.15%	0.15%
CDW	D	0.06%	0.06%	0.06%
CE	F	0.03%	0.03%	0.03%
CEG	C	0.13%	0.13%	0.13%
CF	C	0.03%	0.03%	0.03%
CFG	C	0.04%	0.04%	0.04%
CHD	D	0.05%	0.05%	0.05%
CHTR	D	0.07%	0.07%	0.07%
CI	C	0.21%	0.22%	0.21%
CINF	B	0.04%	0.05%	0.04%
CL	D	0.18%	0.19%	0.18%
CLX	C	0.04%	0.04%	0.04%
CMCSA	D	0.31%	0.32%	0.31%
CME	C	0.16%	0.17%	0.16%
CMG	C	0.16%	0.16%	0.16%
CMI	C	0.08%	0.09%	0.08%
CMS	C	0.04%	0.04%	0.04%
CNC	D	0.08%	0.08%	0.08%
CNP	C	0.04%	0.04%	0.04%
COF	B	0.11%	0.11%	0.11%
COP	D	0.25%	0.26%	0.25%
COST	B	0.82%	0.85%	0.82%
CPAY	B	0.04%	0.05%	0.04%
CPB	C	0.02%	0.02%	0.02%
CPRT	D	0.09%	0.09%	0.09%
CPT	B	0.03%	0.03%	0.03%
CRL	F	0.02%	0.02%	0.02%
CRM	D	0.49%	0.52%	0.49%
CRWD	D	0.13%	0.13%	0.13%
CSCO	C	0.42%	0.43%	0.42%
CSGP	D	0.06%	0.07%	0.06%
CSX	D	0.13%	0.14%	0.13%
CTAS	B	0.15%	0.15%	0.15%
CTRA	D	0.03%	0.04%	0.03%
CTSH	C	0.08%	0.08%	0.08%
CTVA	B	0.08%	0.08%	0.08%
CVS	D	0.15%	0.15%	0.15%
CVX	D	0.5%	0.51%	0.5%
D	C	0.1%	0.1%	0.1%
DAL	C	0.06%	0.06%	0.06%
DAY	D	0.02%	0.02%	0.02%
DD	B	0.07%	0.07%	0.07%
DE	B	0.2%	0.22%	0.2%
DECK	C	0.05%	0.05%	0.05%
DFS	B	0.07%	0.07%	0.07%
DG	F	0.04%	0.04%	0.04%
DGX	B	0.04%	0.04%	0.04%
DHI	B	0.12%	0.12%	0.12%
DHR	B	0.38%	0.38%	0.38%
DIS	D	0.34%	0.34%	0.34%
DLR	B	0.11%	0.11%	0.11%
DLTR	F	0.03%	0.03%	0.03%
DOC	C	0.03%	0.03%	0.03%
DOV	B	0.05%	0.05%	0.05%
DOW	D	0.07%	0.08%	0.07%
DPZ	F	0.03%	0.03%	0.03%
DRI	B	0.04%	0.04%	0.04%
DTE	C	0.05%	0.05%	0.05%
DUK	C	0.18%	0.19%	0.18%
DVN	F	0.05%	0.05%	0.05%
DXCM	F	0.06%	0.06%	0.06%
EA	D	0.07%	0.08%	0.07%
EBAY	B	0.07%	0.07%	0.07%
ECL	B	0.13%	0.14%	0.13%
ED	C	0.07%	0.08%	0.07%
EFX	B	0.08%	0.08%	0.08%
EG	C	0.03%	0.03%	0.03%
EIX	C	0.07%	0.07%	0.07%
EL	F	0.04%	0.04%	0.04%
ELV	C	0.26%	0.27%	0.26%
EMN	B	0.03%	0.03%	0.03%
EMR	D	0.12%	0.12%	0.12%
ENPH	D	0.03%	0.03%	0.03%
EOG	D	0.14%	0.15%	0.14%
EPAM	F	0.02%	0.02%	0.02%
EQIX	C	0.17%	0.18%	0.17%
EQR	B	0.05%	0.06%	0.05%
EQT	D	0.04%	0.04%	0.04%
ES	C	0.05%	0.05%	0.05%
ESS	B	0.04%	0.04%	0.04%
ETN	C	0.25%	0.25%	0.25%
ETR	B	0.06%	0.06%	0.06%
EVRG	B	0.03%	0.03%	0.03%
EW	F	0.08%	0.09%	0.08%
EXC	C	0.08%	0.08%	0.08%
EXPD	C	0.03%	0.04%	0.03%
EXPE	C	0.03%	0.04%	0.03%
EXR	B	0.08%	0.08%	0.08%
F	F	0.09%	0.09%	0.09%
FANG	D	0.06%	0.06%	0.06%
FAST	C	0.08%	0.08%	0.08%
FCX	D	0.13%	0.13%	0.13%
FDS	C	0.04%	0.04%	0.04%
FDX	C	0.13%	0.14%	0.13%
FE	C	0.05%	0.05%	0.05%
FFIV	B	0.03%	0.03%	0.03%
FICO	B	0.09%	0.1%	0.09%
FIS	B	0.1%	0.1%	0.1%
FITB	B	0.06%	0.06%	0.06%
FOX	B	0.01%	0.01%	0.01%
FOXA	B	0.02%	0.02%	0.02%
FSLR	C	0.05%	0.05%	0.05%
FTNT	C	0.1%	0.1%	0.1%
FTV	C	0.05%	0.05%	0.05%
GD	B	0.14%	0.15%	0.14%
GDDY	C	0.04%	0.05%	0.04%
GE	B	0.4%	0.39%	0.39%
GEHC	C	0.07%	0.08%	0.07%
GEV	B	0.13%	0.12%	0.12%
GILD	B	0.21%	0.22%	0.21%
GIS	B	0.09%	0.09%	0.09%
GLW	C	0.07%	0.07%	0.07%
GM	C	0.11%	0.11%	0.11%
GOOG	D	1.69%	1.59%	1.59%
GOOGL	D	1.89%	1.9%	1.89%
GPC	D	0.04%	0.04%	0.04%
GPN	D	0.06%	0.06%	0.06%
GRMN	D	0.05%	0.06%	0.05%
GS	C	0.32%	0.33%	0.32%
GWW	B	0.09%	0.09%	0.09%
HAL	F	0.05%	0.05%	0.05%
HBAN	B	0.04%	0.04%	0.04%
HCA	B	0.16%	0.16%	0.16%
HD	B	0.77%	0.79%	0.77%
HES	F	0.07%	0.07%	0.07%
HIG	B	0.07%	0.07%	0.07%
HII	D	0.02%	0.02%	0.02%
HLT	B	0.11%	0.11%	0.11%
HOLX	B	0.04%	0.04%	0.04%
HON	D	0.27%	0.28%	0.27%
HPE	D	0.05%	0.05%	0.05%
HPQ	D	0.07%	0.06%	0.06%
HRL	C	0.02%	0.02%	0.02%
HST	C	0.02%	0.03%	0.02%
HSY	C	0.06%	0.06%	0.06%
HUBB	B	0.04%	0.05%	0.04%
HUM	F	0.08%	0.08%	0.08%
HWM	B	0.08%	0.08%	0.08%
IBM	B	0.41%	0.41%	0.41%
ICE	C	0.19%	0.2%	0.19%
IDXX	C	0.09%	0.09%	0.09%
IEX	D	0.03%	0.03%	0.03%
IFF	B	0.05%	0.06%	0.05%
INCY	C	0.02%	0.02%	0.02%
INTC	F	0.18%	0.18%	0.18%
INTU	C	0.37%	0.39%	0.37%
INVH	C	0.04%	0.04%	0.04%
IP	B	0.03%	0.03%	0.03%
IPG	C	0.02%	0.03%	0.02%
IQV	C	0.09%	0.09%	0.09%
IR	C	0.07%	0.08%	0.07%
IRM	C	0.07%	0.07%	0.07%
ISRG	B	0.35%	0.37%	0.35%
IT	B	0.08%	0.08%	0.08%
ITW	C	0.15%	0.14%	0.14%
J	C	0.04%	0.04%	0.04%
JBHT	D	0.03%	0.03%	0.03%
JCI	B	0.1%	0.1%	0.1%
JKHY	B	0.03%	0.03%	0.03%
JNJ	C	0.82%	0.85%	0.82%
JNPR	B	0.03%	0.03%	0.03%
JPM	D	1.21%	1.27%	1.21%
K	B	0.04%	0.05%	0.04%
KDP	B	0.08%	0.08%	0.08%
KEY	B	0.03%	0.03%	0.03%
KEYS	C	0.05%	0.06%	0.05%
KHC	C	0.06%	0.06%	0.06%
KIM	C	0.03%	0.03%	0.03%
KKR	B	0.17%	0.17%	0.17%
KLAC	D	0.2%	0.22%	0.2%
KMB	D	0.1%	0.1%	0.1%
KMI	B	0.09%	0.09%	0.09%
KMX	D	0.03%	0.03%	0.03%
KO	C	0.57%	0.59%	0.57%
KR	C	0.08%	0.07%	0.07%
KVUE	C	0.08%	0.09%	0.08%
L	C	0.03%	0.03%	0.03%
LDOS	B	0.04%	0.04%	0.04%
LEN	B	0.0%	0.09%	0.0%
LEN	B	0.09%	0.09%	0.09%
LHX	C	0.09%	0.09%	0.09%
LIN	B	0.46%	0.48%	0.46%
LKQ	F	0.02%	0.02%	0.02%
LLY	C	1.59%	1.57%	1.57%
LMT	C	0.25%	0.26%	0.25%
LNT	B	0.03%	0.03%	0.03%
LOW	B	0.3%	0.3%	0.3%
LRCX	F	0.2%	0.21%	0.2%
LULU	D	0.06%	0.06%	0.06%
LUV	C	0.03%	0.04%	0.03%
LVS	D	0.03%	0.03%	0.03%
LW	D	0.02%	0.02%	0.02%
LYB	D	0.05%	0.05%	0.05%
LYV	B	0.03%	0.03%	0.03%
MA	B	0.84%	0.86%	0.84%
MAA	B	0.04%	0.04%	0.04%
MAR	C	0.11%	0.12%	0.11%
MAS	B	0.04%	0.04%	0.04%
MCD	B	0.44%	0.45%	0.44%
MCHP	F	0.08%	0.09%	0.08%
MCK	F	0.14%	0.14%	0.14%
MCO	B	0.16%	0.16%	0.16%
MDLZ	B	0.21%	0.21%	0.21%
MDT	C	0.24%	0.26%	0.24%
MET	B	0.09%	0.1%	0.09%
META	B	2.38%	2.4%	2.38%
MGM	F	0.02%	0.02%	0.02%
MKC	C	0.04%	0.04%	0.04%
MLM	D	0.07%	0.07%	0.07%
MMC	C	0.23%	0.24%	0.23%
MMM	B	0.15%	0.15%	0.15%
MNST	D	0.08%	0.08%	0.08%
MO	C	0.18%	0.2%	0.18%
MOH	D	0.04%	0.04%	0.04%
MOS	F	0.02%	0.02%	0.02%
MPC	F	0.12%	0.12%	0.12%
MPWR	C	0.08%	0.09%	0.08%
MRK	D	0.61%	0.62%	0.61%
MRNA	F	0.05%	0.06%	0.05%
MRO	C	0.03%	0.03%	0.03%
MS	D	0.26%	0.26%	0.26%
MSCI	C	0.09%	0.1%	0.09%
MSFT	C	6.52%	6.73%	6.52%
MSI	B	0.15%	0.15%	0.15%
MTB	B	0.06%	0.06%	0.06%
MTD	D	0.06%	0.06%	0.06%
MU	F	0.2%	0.21%	0.2%
NDAQ	A	0.06%	0.06%	0.06%
NEE	C	0.35%	0.37%	0.35%
NEM	B	0.12%	0.13%	0.12%
NFLX	B	0.61%	0.63%	0.61%
NI	B	0.03%	0.03%	0.03%
NKE	D	0.19%	0.2%	0.19%
NOC	B	0.16%	0.15%	0.15%
NOW	B	0.37%	0.38%	0.37%
NRG	C	0.03%	0.04%	0.03%
NSC	C	0.11%	0.12%	0.11%
NTAP	D	0.05%	0.05%	0.05%
NTRS	A	0.04%	0.04%	0.04%
NUE	F	0.07%	0.07%	0.07%
NVDA	D	5.66%	6.15%	5.66%
NVR	B	0.05%	0.06%	0.05%
NWS	D	0.01%	0.01%	0.01%
NWSA	D	0.02%	0.02%	0.02%
NXPI	F	0.12%	0.13%	0.12%
O	C	0.11%	0.12%	0.11%
ODFL	D	0.07%	0.07%	0.07%
OKE	B	0.11%	0.11%	0.11%
OMC	B	0.04%	0.04%	0.04%
ON	D	0.06%	0.06%	0.06%
ORCL	C	0.55%	0.54%	0.54%
ORLY	C	0.13%	0.14%	0.13%
OTIS	C	0.08%	0.08%	0.08%
OXY	F	0.07%	0.07%	0.07%
PANW	D	0.23%	0.24%	0.23%
PAYC	D	0.02%	0.02%	0.02%
PAYX	C	0.09%	0.09%	0.09%
PCAR	D	0.1%	0.11%	0.1%
PCG	C	0.08%	0.09%	0.08%
PEG	B	0.09%	0.09%	0.09%
PEP	C	0.5%	0.52%	0.5%
PFE	C	0.35%	0.36%	0.35%
PFG	B	0.04%	0.04%	0.04%
PG	C	0.85%	0.88%	0.85%
PGR	B	0.3%	0.31%	0.3%
PH	B	0.16%	0.16%	0.16%
PHM	B	0.06%	0.06%	0.06%
PKG	B	0.04%	0.04%	0.04%
PLD	C	0.24%	0.26%	0.24%
PM	C	0.4%	0.42%	0.4%
PNC	B	0.15%	0.15%	0.15%
PNR	B	0.03%	0.03%	0.03%
PODD	B	0.03%	0.03%	0.03%
POOL	C	0.03%	0.03%	0.03%
PPG	D	0.06%	0.06%	0.06%
PPL	C	0.05%	0.05%	0.05%
PRU	C	0.09%	0.09%	0.09%
PSA	B	0.12%	0.12%	0.12%
PSX	F	0.11%	0.11%	0.11%
PTC	D	0.04%	0.04%	0.04%
PWR	B	0.08%	0.08%	0.08%
PYPL	B	0.15%	0.16%	0.15%
QCOM	D	0.38%	0.4%	0.38%
QRVO	F	0.02%	0.02%	0.02%
RCL	B	0.08%	0.08%	0.08%
REG	C	0.03%	0.03%	0.03%
REGN	C	0.25%	0.26%	0.25%
RF	B	0.04%	0.04%	0.04%
RJF	C	0.05%	0.05%	0.05%
RMD	C	0.08%	0.08%	0.08%
ROK	D	0.06%	0.06%	0.06%
ROL	C	0.03%	0.03%	0.03%
ROP	C	0.12%	0.13%	0.12%
ROST	C	0.1%	0.11%	0.1%
RSG	D	0.09%	0.09%	0.09%
RTX	C	0.32%	0.34%	0.32%
SBAC	C	0.05%	0.06%	0.05%
SBUX	C	0.22%	0.24%	0.22%
SCHW	D	0.19%	0.2%	0.19%
SHW	B	0.18%	0.19%	0.18%
SJM	C	0.03%	0.03%	0.03%
SLB	F	0.12%	0.12%	0.12%
SMCI	F	0.05%	0.05%	0.05%
SNA	C	0.03%	0.03%	0.03%
SNPS	D	0.16%	0.16%	0.16%
SO	B	0.2%	0.21%	0.2%
SPG	B	0.1%	0.11%	0.1%
SPGI	B	0.34%	0.35%	0.34%
SRE	C	0.11%	0.11%	0.11%
STE	C	0.05%	0.05%	0.05%
STLD	F	0.03%	0.03%	0.03%
STT	A	0.05%	0.05%	0.05%
STX	C	0.04%	0.04%	0.04%
STZ	D	0.08%	0.09%	0.08%
SW	B	0.05%	0.05%	0.05%
SWK	B	0.03%	0.03%	0.03%
SWKS	D	0.03%	0.03%	0.03%
SYF	C	0.04%	0.04%	0.04%
SYK	C	0.27%	0.27%	0.27%
SYY	D	0.08%	0.08%	0.08%
T	C	0.32%	0.33%	0.32%
TAP	D	0.02%	0.02%	0.02%
TDG	B	0.16%	0.16%	0.16%
TDY	B	0.04%	0.04%	0.04%
TECH	C	0.02%	0.02%	0.02%
TEL	D	0.09%	0.09%	0.09%
TER	D	0.04%	0.04%	0.04%
TFC	C	0.11%	0.12%	0.11%
TFX	C	0.02%	0.02%	0.02%
TGT	C	0.14%	0.15%	0.14%
TJX	B	0.28%	0.29%	0.28%
TMO	B	0.48%	0.51%	0.48%
TMUS	C	0.17%	0.22%	0.17%
TRGP	B	0.07%	0.07%	0.07%
TRMB	C	0.03%	0.03%	0.03%
TROW	D	0.05%	0.05%	0.05%
TRV	C	0.11%	0.11%	0.11%
TSCO	C	0.06%	0.06%	0.06%
TSLA	C	1.28%	1.35%	1.28%
TSN	C	0.04%	0.04%	0.04%
TT	B	0.17%	0.17%	0.17%
TTWO	C	0.05%	0.05%	0.05%
TXN	C	0.37%	0.39%	0.37%
TXT	D	0.03%	0.04%	0.03%
TYL	C	0.05%	0.05%	0.05%
UAL	C	0.03%	0.03%	0.03%
UBER	C	0.29%	0.31%	0.29%
UDR	C	0.03%	0.03%	0.03%
UHS	B	0.03%	0.03%	0.03%
ULTA	D	0.04%	0.04%	0.04%
UNH	C	1.1%	1.16%	1.1%
UNP	C	0.31%	0.32%	0.31%
UPS	D	0.19%	0.2%	0.19%
URI	B	0.1%	0.1%	0.1%
USB	B	0.14%	0.15%	0.14%
V	C	0.93%	0.96%	0.93%
VICI	C	0.07%	0.07%	0.07%
VLO	F	0.09%	0.09%	0.09%
VLTO	C	0.05%	0.05%	0.05%
VMC	D	0.07%	0.07%	0.07%
VRSK	D	0.08%	0.08%	0.08%
VRSN	D	0.03%	0.03%	0.03%
VRTX	D	0.26%	0.26%	0.26%
VST	C	0.06%	0.06%	0.06%
VTR	C	0.05%	0.06%	0.05%
VTRS	D	0.03%	0.03%	0.03%
VZ	B	0.38%	0.39%	0.38%
WAB	B	0.06%	0.06%	0.06%
WAT	C	0.04%	0.04%	0.04%
WBA	F	0.01%	0.01%	0.01%
WBD	D	0.04%	0.03%	0.03%
WDC	D	0.04%	0.04%	0.04%
WEC	C	0.06%	0.06%	0.06%
WELL	C	0.16%	0.16%	0.16%
WFC	D	0.38%	0.4%	0.38%
WM	D	0.16%	0.16%	0.16%
WMB	B	0.11%	0.12%	0.11%
WMT	C	0.71%	0.72%	0.71%
WRB	C	0.04%	0.04%	0.04%
WST	D	0.04%	0.05%	0.04%
WTW	C	0.06%	0.06%	0.06%
WY	C	0.05%	0.05%	0.05%
WYNN	D	0.02%	0.02%	0.02%
XEL	B	0.07%	0.08%	0.07%
XOM	C	1.03%	1.05%	1.03%
XYL	C	0.07%	0.07%	0.07%
YUM	D	0.08%	0.08%	0.08%
ZBH	F	0.04%	0.05%	0.04%
ZBRA	B	0.04%	0.04%	0.04%
ZTS	C	0.18%	0.18%	0.18%

BBUS Overweight 72 Positions Relative to SPY

Symbol	Grade	Weight
MELI	B	0.21%
PLTR	B	0.15%
MRVL	C	0.13%
WDAY	D	0.11%
TTD	B	0.1%
APO	C	0.09%
DASH	C	0.08%
LNG	C	0.08%
VEEV	C	0.07%
DDOG	D	0.07%
ALNY	C	0.07%
SQ	D	0.07%
SNOW	F	0.07%
ARES	B	0.06%
CPNG	B	0.06%
DELL	D	0.06%
VRT	C	0.06%
COIN	F	0.06%
FCNCA	D	0.05%
NET	D	0.05%
RBLX	B	0.05%
HUBS	D	0.05%
TEAM	D	0.05%
BURL	B	0.04%
SUI	B	0.04%
AVTR	B	0.04%
LII	B	0.04%
TRU	B	0.04%
MKL	C	0.04%
BAH	C	0.04%
ILMN	C	0.04%
MDB	D	0.04%
EQH	C	0.03%
EXAS	C	0.03%
BMRN	F	0.03%
ELS	C	0.03%
WPC	C	0.03%
DT	C	0.03%
RGA	C	0.03%
OC	D	0.03%
LPLA	D	0.03%
FNF	B	0.03%
HEI	B	0.03%
ZS	F	0.03%
ZM	C	0.03%
TPL	B	0.03%
SSNC	B	0.03%
ENTG	F	0.03%
WSO	C	0.03%
PINS	F	0.03%
ACI	F	0.02%
SCCO	D	0.02%
CG	D	0.02%
CNH	D	0.02%
AFG	B	0.02%
Z	B	0.02%
TWLO	D	0.02%
SNAP	F	0.02%
HEI	B	0.02%
EWBC	D	0.02%
CCK	A	0.02%
RPRX	C	0.02%
DOCU	C	0.02%
OKTA	F	0.02%
FLEX	C	0.02%
NBIX	F	0.02%
AGR	B	0.01%
ZG	B	0.01%
WLK	D	0.01%
U	D	0.01%
CRBG	D	0.01%
BSY	D	0.01%

BBUS Underweight 30 Positions Relative to SPY

Symbol	Grade	Weight
CBOE	C	-0.05%
JBL	D	-0.03%
NDSN	C	-0.03%
AAL	D	-0.02%
IVZ	B	-0.02%
BWA	D	-0.02%
MHK	C	-0.02%
CZR	C	-0.02%
FMC	C	-0.02%
NCLH	C	-0.02%
DVA	B	-0.02%
FRT	C	-0.02%
HAS	B	-0.02%
GL	C	-0.02%
HSIC	C	-0.02%
GNRC	D	-0.02%
TPR	C	-0.02%
SOLV	C	-0.02%
MKTX	C	-0.02%
MTCH	C	-0.02%
AOS	D	-0.02%
AIZ	B	-0.02%
PNW	C	-0.02%
CTLT	B	-0.02%
CHRW	B	-0.02%
PARA	F	-0.01%
BBWI	F	-0.01%
ETSY	F	-0.01%
BIO	C	-0.01%
RL	C	-0.01%