FAB vs. JHMM ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to John Hancock Multifactor Mid Cap ETF (JHMM)

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$85.02

Average Daily Volume

4,786

Number of Holdings ^*

660

* may have additional holdings in another (foreign) market

JHMM

John Hancock Multifactor Mid Cap ETF

JHMM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid Cap Index. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities that compose the fund&#39;s benchmark index. The index is designed to comprise a subset of securities in the U.S. Universe issued by companies whose market capitalizations are between the 200th and 951st largest U.S. Company at the time of reconstitution.

Grade (RS Rating)

Last Trade

$59.84

Average Daily Volume

150,538

Number of Holdings ^*

638

* may have additional holdings in another (foreign) market

Performance

Period	FAB	JHMM
30 Days	4.01%	4.56%
60 Days	2.84%	6.04%
90 Days	8.64%	8.48%
12 Months	21.57%	25.20%

226 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in JHMM	Overlap
ACGL	C	0.48%	0.4%	0.4%
ADTN	D	0.16%	0.05%	0.05%
AEE	C	0.41%	0.23%	0.23%
AFG	B	0.05%	0.19%	0.05%
AGCO	D	0.2%	0.13%	0.13%
AIZ	B	0.1%	0.18%	0.1%
ALLY	F	0.14%	0.24%	0.14%
AMG	C	0.23%	0.1%	0.1%
AMKR	F	0.06%	0.08%	0.06%
AN	D	0.17%	0.2%	0.17%
APA	F	0.14%	0.1%	0.1%
AR	F	0.04%	0.11%	0.04%
ARE	C	0.18%	0.13%	0.13%
ARW	C	0.18%	0.21%	0.18%
ATKR	F	0.11%	0.06%	0.06%
ATO	B	0.41%	0.19%	0.19%
AWK	B	0.1%	0.22%	0.1%
AYI	B	0.09%	0.14%	0.09%
BBWI	F	0.09%	0.07%	0.07%
BBY	C	0.3%	0.29%	0.29%
BC	C	0.14%	0.13%	0.13%
BECN	D	0.08%	0.01%	0.01%
BEN	F	0.31%	0.08%	0.08%
BERY	B	0.14%	0.19%	0.14%
BG	D	0.4%	0.22%	0.22%
BJ	D	0.04%	0.18%	0.04%
BKR	C	0.24%	0.25%	0.24%
BOKF	B	0.1%	0.04%	0.04%
BPOP	C	0.05%	0.12%	0.05%
BWA	D	0.17%	0.15%	0.15%
BYD	C	0.19%	0.07%	0.07%
CACC	F	0.04%	0.05%	0.04%
CACI	B	0.05%	0.18%	0.05%
CAG	C	0.39%	0.15%	0.15%
CBRE	A	0.11%	0.36%	0.11%
CCK	A	0.05%	0.17%	0.05%
CE	F	0.39%	0.13%	0.13%
CF	C	0.46%	0.17%	0.17%
CFG	C	0.39%	0.21%	0.21%
CHK	D	0.19%	0.2%	0.19%
CHRD	F	0.14%	0.09%	0.09%
CINF	C	0.5%	0.21%	0.21%
CLF	F	0.16%	0.13%	0.13%
CMA	B	0.1%	0.15%	0.1%
CMC	D	0.16%	0.1%	0.1%
CMI	C	0.09%	0.16%	0.09%
CMS	C	0.3%	0.22%	0.22%
CNP	C	0.23%	0.25%	0.23%
CPB	C	0.19%	0.13%	0.13%
CRBG	D	0.24%	0.08%	0.08%
CROX	D	0.08%	0.12%	0.08%
CTRA	F	0.37%	0.2%	0.2%
CZR	C	0.12%	0.12%	0.12%
DAR	F	0.2%	0.1%	0.1%
DD	B	0.09%	0.13%	0.09%
DDS	F	0.1%	0.02%	0.02%
DGX	B	0.29%	0.36%	0.29%
DINO	F	0.18%	0.11%	0.11%
DKS	D	0.08%	0.2%	0.08%
DOV	B	0.18%	0.35%	0.18%
DTE	C	0.29%	0.24%	0.24%
DTM	B	0.09%	0.08%	0.08%
EBAY	B	0.41%	0.33%	0.33%
EG	C	0.44%	0.17%	0.17%
EHC	C	0.05%	0.2%	0.05%
EIX	C	0.3%	0.39%	0.3%
EMN	B	0.13%	0.2%	0.13%
EPAM	F	0.19%	0.12%	0.12%
EQR	B	0.29%	0.15%	0.15%
EQT	D	0.39%	0.14%	0.14%
ESNT	B	0.24%	0.09%	0.09%
ETR	B	0.51%	0.35%	0.35%
EVRG	B	0.2%	0.23%	0.2%
EWBC	D	0.14%	0.22%	0.14%
EXPD	C	0.08%	0.24%	0.08%
FAF	B	0.1%	0.13%	0.1%
FANG	D	0.37%	0.37%	0.37%
FE	C	0.29%	0.24%	0.24%
FHN	D	0.13%	0.1%	0.1%
FITB	B	0.29%	0.34%	0.29%
FMC	C	0.23%	0.07%	0.07%
FNF	B	0.21%	0.32%	0.21%
FOXA	B	0.5%	0.18%	0.18%
FYBR	C	0.24%	0.1%	0.1%
G	C	0.21%	0.12%	0.12%
GAP	F	0.11%	0.04%	0.04%
GL	C	0.16%	0.18%	0.16%
GPC	D	0.17%	0.23%	0.17%
GXO	D	0.04%	0.1%	0.04%
HAL	F	0.29%	0.19%	0.19%
HBAN	B	0.38%	0.23%	0.23%
HIG	B	0.4%	0.55%	0.4%
HII	D	0.14%	0.18%	0.14%
HLI	B	0.05%	0.11%	0.05%
HPE	D	0.35%	0.27%	0.27%
HPQ	D	0.17%	0.1%	0.1%
HRL	C	0.18%	0.07%	0.07%
HSIC	C	0.05%	0.19%	0.05%
INCY	C	0.27%	0.11%	0.11%
IP	B	0.05%	0.27%	0.05%
IPG	C	0.37%	0.23%	0.23%
IVZ	B	0.05%	0.12%	0.05%
J	C	0.09%	0.13%	0.09%
JAZZ	D	0.13%	0.13%	0.13%
JBHT	D	0.27%	0.18%	0.18%
JBL	D	0.24%	0.21%	0.21%
JEF	B	0.05%	0.19%	0.05%
JLL	B	0.05%	0.23%	0.05%
K	B	0.12%	0.2%	0.12%
KEY	B	0.2%	0.2%	0.2%
KIM	C	0.21%	0.16%	0.16%
KNX	C	0.14%	0.15%	0.14%
KR	C	0.28%	0.26%	0.26%
L	C	0.37%	0.2%	0.2%
LAD	D	0.23%	0.15%	0.15%
LANC	D	0.04%	0.02%	0.02%
LBRDK	F	0.24%	0.09%	0.09%
LEA	F	0.16%	0.13%	0.13%
LEN	B	0.53%	0.54%	0.53%
LEN	B	0.53%	0.03%	0.03%
LFUS	C	0.04%	0.13%	0.04%
LKQ	F	0.33%	0.17%	0.17%
LNG	C	0.36%	0.32%	0.32%
LNT	B	0.1%	0.2%	0.1%
LSTR	D	0.04%	0.11%	0.04%
LUV	C	0.26%	0.04%	0.04%
LYB	D	0.34%	0.21%	0.21%
MAA	B	0.1%	0.13%	0.1%
MAT	C	0.05%	0.11%	0.05%
MIDD	D	0.09%	0.13%	0.09%
MKC	C	0.1%	0.17%	0.1%
MKL	C	0.43%	0.21%	0.21%
MLI	B	0.16%	0.06%	0.06%
MOH	D	0.21%	0.28%	0.21%
MOS	F	0.19%	0.12%	0.12%
MTB	B	0.38%	0.31%	0.31%
MTDR	F	0.18%	0.09%	0.09%
MUR	F	0.18%	0.09%	0.09%
NI	B	0.15%	0.28%	0.15%
NOV	F	0.18%	0.08%	0.08%
NRG	C	0.13%	0.21%	0.13%
NXST	D	0.13%	0.15%	0.13%
OC	D	0.33%	0.35%	0.33%
OGE	C	0.15%	0.16%	0.15%
OKE	B	0.19%	0.33%	0.19%
OLN	D	0.12%	0.11%	0.11%
OMC	B	0.19%	0.27%	0.19%
OMF	D	0.12%	0.05%	0.05%
ORI	B	0.1%	0.19%	0.1%
OSK	F	0.16%	0.13%	0.13%
OVV	F	0.18%	0.17%	0.17%
PAG	D	0.13%	0.07%	0.07%
PARA	F	0.04%	0.05%	0.04%
PB	B	0.1%	0.1%	0.1%
PBF	F	0.15%	0.07%	0.07%
PCG	C	0.4%	0.25%	0.25%
PFG	B	0.09%	0.25%	0.09%
PII	D	0.13%	0.09%	0.09%
PKG	B	0.2%	0.25%	0.2%
PNFP	B	0.15%	0.1%	0.1%
PNW	C	0.2%	0.19%	0.19%
POOL	C	0.1%	0.17%	0.1%
PVH	F	0.19%	0.07%	0.07%
REYN	C	0.1%	0.03%	0.03%
RF	B	0.28%	0.27%	0.27%
RGA	C	0.04%	0.25%	0.04%
RHI	D	0.04%	0.13%	0.04%
RJF	C	0.08%	0.26%	0.08%
RNR	C	0.25%	0.19%	0.19%
RRC	D	0.11%	0.11%	0.11%
RS	D	0.34%	0.23%	0.23%
SAIC	C	0.1%	0.13%	0.1%
SEE	D	0.04%	0.08%	0.04%
SEIC	C	0.09%	0.14%	0.09%
SIGI	D	0.04%	0.06%	0.04%
SJM	C	0.38%	0.14%	0.14%
SKX	D	0.08%	0.16%	0.08%
SNA	C	0.37%	0.22%	0.22%
SNX	D	0.08%	0.08%	0.08%
SON	C	0.14%	0.12%	0.12%
SSB	B	0.1%	0.09%	0.09%
SSNC	B	0.21%	0.23%	0.21%
STLD	F	0.37%	0.27%	0.27%
STT	B	0.29%	0.27%	0.27%
SUM	D	0.04%	0.03%	0.03%
SWKS	D	0.24%	0.23%	0.23%
SYF	C	0.43%	0.34%	0.34%
TAP	D	0.23%	0.14%	0.14%
TDY	B	0.28%	0.22%	0.22%
TFX	C	0.05%	0.18%	0.05%
THC	A	0.21%	0.28%	0.21%
THO	D	0.14%	0.06%	0.06%
TKR	D	0.13%	0.09%	0.09%
TMHC	A	0.25%	0.1%	0.1%
TRGP	B	0.1%	0.39%	0.1%
TROW	D	0.32%	0.19%	0.19%
TSCO	C	0.09%	0.38%	0.09%
TSN	C	0.09%	0.17%	0.09%
TXT	D	0.26%	0.2%	0.2%
UAL	C	0.45%	0.06%	0.06%
UFPI	C	0.14%	0.12%	0.12%
UGI	C	0.09%	0.11%	0.09%
UHAL	A	0.39%	0.12%	0.12%
UHAL	A	0.39%	0.01%	0.01%
UHS	B	0.22%	0.38%	0.22%
UNM	B	0.18%	0.17%	0.17%
USFD	B	0.05%	0.26%	0.05%
UTHR	C	0.14%	0.36%	0.14%
VOYA	B	0.05%	0.13%	0.05%
VTR	C	0.11%	0.17%	0.11%
VTRS	D	0.39%	0.27%	0.27%
WAL	B	0.16%	0.16%	0.16%
WBD	D	0.36%	0.07%	0.07%
WBS	D	0.17%	0.13%	0.13%
WCC	D	0.13%	0.17%	0.13%
WEC	C	0.31%	0.24%	0.24%
WHR	D	0.08%	0.1%	0.08%
WLK	D	0.08%	0.07%	0.07%
WPC	C	0.29%	0.09%	0.09%
WRB	C	0.19%	0.2%	0.19%
WTFC	C	0.14%	0.1%	0.1%
WTRG	D	0.09%	0.11%	0.09%
WY	C	0.19%	0.17%	0.17%
ZBH	F	0.25%	0.26%	0.25%
ZION	D	0.09%	0.14%	0.09%
ZM	C	0.29%	0.12%	0.12%

FAB Overweight 436 Positions Relative to JHMM

Symbol	Grade	Weight
DHI	B	0.59%
EXC	C	0.51%
T	C	0.5%
GPN	D	0.5%
BRK.A	C	0.49%
GM	C	0.44%
CMCSA	D	0.44%
CVS	D	0.43%
ADM	D	0.43%
APTV	D	0.42%
XEL	B	0.42%
ED	C	0.41%
MPC	F	0.41%
AEP	C	0.41%
EOG	D	0.41%
CNC	D	0.4%
CB	B	0.4%
NUE	F	0.39%
CVX	D	0.39%
PSX	F	0.39%
CTSH	C	0.39%
COP	D	0.39%
VLO	F	0.38%
KHC	C	0.38%
KMI	B	0.37%
DVN	F	0.37%
F	F	0.37%
VZ	B	0.37%
AIG	D	0.35%
COF	B	0.35%
OXY	F	0.35%
XOM	C	0.34%
AFL	C	0.31%
GIS	B	0.3%
DUK	C	0.3%
D	C	0.3%
WFC	D	0.3%
CHTR	D	0.29%
SRE	C	0.28%
MHO	B	0.28%
USB	B	0.28%
DE	B	0.27%
MTH	A	0.26%
TEL	D	0.25%
MTG	B	0.25%
BAC	D	0.25%
GPI	B	0.25%
RUSHA	C	0.25%
KBH	A	0.25%
RDN	C	0.24%
JXN	A	0.24%
FDX	C	0.24%
ESGR	D	0.23%
CNXC	F	0.23%
ASO	C	0.23%
HOG	C	0.23%
C	D	0.23%
AGO	C	0.22%
NEE	C	0.21%
BTU	D	0.21%
SIG	C	0.21%
SEB	D	0.21%
PYPL	B	0.21%
LMT	C	0.21%
HCA	B	0.21%
KRC	C	0.2%
JNJ	C	0.2%
LBRT	D	0.2%
PEG	C	0.2%
NOG	D	0.2%
TPH	C	0.2%
TEX	F	0.2%
PNC	B	0.2%
LOW	B	0.2%
MDT	C	0.2%
TRV	C	0.2%
VLY	C	0.2%
WTM	D	0.2%
COLB	B	0.2%
CADE	C	0.19%
DXC	C	0.19%
NFG	B	0.19%
BKH	B	0.19%
HSY	C	0.19%
R	A	0.19%
POR	C	0.19%
APD	B	0.19%
COOP	C	0.19%
BCC	C	0.19%
OGS	B	0.19%
SM	F	0.19%
AL	D	0.19%
KDP	B	0.19%
TGT	C	0.18%
MDU	C	0.18%
GMS	D	0.18%
CSCO	C	0.18%
HP	F	0.18%
GS	C	0.18%
PTEN	F	0.17%
DOW	D	0.17%
AVT	C	0.17%
OZK	D	0.17%
OGN	D	0.17%
MATX	B	0.17%
CVI	F	0.17%
MS	D	0.17%
PPG	D	0.17%
INTC	F	0.16%
MGY	C	0.16%
ABG	D	0.16%
PRG	A	0.16%
LNC	D	0.16%
CUZ	B	0.16%
UPS	D	0.16%
NMIH	B	0.15%
URBN	F	0.15%
INVA	B	0.15%
CCS	B	0.15%
HE	F	0.15%
AVA	C	0.14%
NWN	C	0.14%
UAA	C	0.14%
ONB	C	0.14%
NWE	B	0.14%
EIG	C	0.14%
CNX	B	0.14%
AGNC	B	0.14%
AXS	B	0.14%
EBC	B	0.14%
PHIN	B	0.14%
BNL	B	0.14%
BZH	B	0.14%
AEO	F	0.13%
HPP	D	0.13%
WU	F	0.13%
VAL	F	0.13%
GDEN	D	0.13%
ALK	C	0.13%
SANM	D	0.13%
FNB	C	0.13%
GEF	D	0.13%
IMKTA	D	0.13%
SPB	C	0.13%
UVV	D	0.13%
GHC	B	0.13%
SR	B	0.13%
ATSG	D	0.13%
WMK	C	0.13%
LZB	C	0.13%
RYI	D	0.12%
SBH	B	0.12%
INDB	C	0.12%
RC	F	0.12%
RLJ	D	0.12%
ASH	D	0.12%
AAT	B	0.12%
CNO	B	0.12%
FCF	C	0.12%
BKU	C	0.12%
LGIH	C	0.12%
NX	F	0.12%
EFSC	C	0.12%
STBA	B	0.12%
CXW	F	0.12%
HIW	B	0.12%
KOP	F	0.12%
ENVA	C	0.12%
CUBI	F	0.12%
TGNA	D	0.12%
DNB	C	0.11%
OLPX	C	0.11%
KSS	F	0.11%
UMBF	B	0.11%
NAVI	C	0.11%
FRME	D	0.11%
DNOW	D	0.11%
REVG	D	0.11%
OCFC	B	0.11%
KVUE	C	0.11%
CATY	C	0.11%
SCHL	D	0.11%
FFBC	D	0.11%
SNDR	B	0.11%
CRI	D	0.11%
CALM	A	0.11%
GES	F	0.11%
CABO	F	0.11%
JBT	D	0.11%
HOMB	B	0.1%
IDA	C	0.1%
BLK	B	0.1%
ABT	C	0.1%
HTZ	F	0.1%
UBSI	B	0.1%
MDLZ	B	0.1%
LILAK	D	0.1%
ABR	B	0.1%
ABM	D	0.1%
CENTA	F	0.1%
PEBO	C	0.1%
M	F	0.1%
LPX	B	0.1%
SAH	D	0.1%
IPGP	F	0.1%
WMT	C	0.1%
ADNT	F	0.1%
USM	C	0.1%
VSH	F	0.1%
WGO	D	0.1%
PRDO	D	0.1%
WERN	D	0.1%
ABCB	B	0.1%
ARCH	F	0.1%
SLGN	B	0.1%
HUBG	C	0.1%
PFBC	D	0.1%
ALGT	F	0.1%
IBOC	D	0.1%
AMN	F	0.09%
SFNC	B	0.09%
SWX	C	0.09%
ELV	C	0.09%
MSGE	B	0.09%
LHX	C	0.09%
SLM	D	0.09%
PDCO	F	0.09%
HWC	D	0.09%
KMB	D	0.09%
ASGN	D	0.09%
GT	F	0.09%
CTVA	B	0.09%
GD	B	0.09%
NKE	D	0.09%
TOWN	B	0.09%
PATK	B	0.09%
LGND	C	0.09%
COLM	C	0.09%
TALO	D	0.09%
EPC	F	0.09%
PARR	F	0.09%
PRGO	D	0.09%
JCI	B	0.09%
CRC	C	0.09%
SYY	D	0.09%
VSCO	C	0.09%
MATW	F	0.09%
ANDE	D	0.09%
CI	C	0.09%
RYN	C	0.09%
CRK	D	0.09%
REZI	D	0.09%
NJR	B	0.09%
REGN	C	0.09%
SASR	B	0.09%
IAC	C	0.09%
FBNC	B	0.09%
JELD	D	0.08%
NBHC	D	0.08%
FHI	A	0.08%
RNST	D	0.08%
EQC	C	0.08%
HGV	F	0.08%
DAN	F	0.08%
BXC	D	0.08%
FIBK	B	0.08%
KMT	B	0.08%
CENX	D	0.08%
OMI	D	0.08%
OI	D	0.08%
SJW	C	0.08%
OMCL	C	0.08%
WSBC	D	0.08%
AX	D	0.08%
WSFS	D	0.08%
UNF	C	0.08%
SLVM	B	0.08%
FHB	D	0.08%
MCRI	C	0.08%
CTOS	F	0.08%
ENS	D	0.08%
HOPE	B	0.08%
PNM	B	0.08%
BANR	B	0.08%
NWBI	C	0.08%
BKE	B	0.08%
ADV	C	0.08%
SSTK	F	0.08%
VBTX	B	0.08%
PRU	C	0.08%
OFG	C	0.08%
CASH	B	0.08%
RIG	F	0.07%
MRTN	D	0.07%
ARCB	D	0.07%
QCOM	D	0.07%
KOS	F	0.07%
HTLD	D	0.07%
ECVT	F	0.07%
KN	D	0.07%
NMRK	A	0.07%
MLKN	D	0.07%
ODP	F	0.07%
BIIB	F	0.07%
CHGG	F	0.07%
ICUI	B	0.07%
APOG	B	0.07%
HUM	F	0.07%
CNXN	B	0.06%
SBCF	C	0.06%
TCBI	B	0.06%
UCBI	B	0.06%
CSGS	C	0.06%
DFIN	B	0.06%
AUB	D	0.06%
KLG	C	0.06%
NIC	C	0.06%
CPK	B	0.06%
NHC	D	0.06%
GOGO	F	0.06%
ALEX	B	0.06%
CAR	F	0.06%
SKY	B	0.06%
VNO	C	0.06%
GTY	B	0.06%
PLUS	A	0.06%
HELE	D	0.06%
VAC	F	0.06%
WAFD	C	0.06%
DORM	B	0.06%
DEI	B	0.06%
DIOD	F	0.06%
MODG	F	0.06%
ROIC	C	0.06%
ZD	D	0.06%
CBRL	D	0.06%
CMCO	F	0.06%
VRTS	F	0.06%
GEO	F	0.06%
SHEN	F	0.05%
CRUS	D	0.05%
AVNT	B	0.05%
XHR	B	0.05%
BXMT	C	0.05%
SNV	C	0.05%
LNN	D	0.05%
EAT	A	0.05%
PTVE	D	0.05%
NVST	D	0.05%
TRS	D	0.05%
PCH	C	0.05%
CVBF	D	0.05%
HTH	C	0.05%
FULT	D	0.05%
HLF	F	0.05%
SNEX	B	0.05%
TRMK	C	0.05%
TCBK	D	0.05%
PBH	B	0.05%
BUSE	C	0.05%
PSMT	B	0.05%
BDC	B	0.05%
DG	F	0.05%
VCTR	B	0.05%
SRCE	D	0.05%
PRIM	B	0.05%
SAFT	D	0.05%
MCY	D	0.05%
LCII	C	0.05%
OEC	F	0.05%
DEA	B	0.05%
CWT	C	0.05%
FOXF	D	0.04%
KALU	F	0.04%
KWR	D	0.04%
BLMN	F	0.04%
STRA	F	0.04%
KEX	C	0.04%
BHF	F	0.04%
SEM	D	0.04%
NEOG	D	0.04%
MTX	F	0.04%
MMS	C	0.04%
PCRX	F	0.04%
FUL	C	0.04%
KFY	B	0.03%
HMN	D	0.03%
SHOO	B	0.03%
WD	B	0.03%
PGRE	C	0.03%
GNW	B	0.03%
FBP	C	0.03%
LXP	B	0.03%
AAP	F	0.03%
NNI	B	0.03%
MWA	B	0.03%
ADUS	B	0.03%
HNI	C	0.03%
BHLB	B	0.03%
THS	C	0.03%
NBTB	D	0.03%
CWEN	C	0.03%
STC	B	0.03%
FBK	B	0.03%
JBGS	C	0.03%
BOOT	A	0.03%
VSAT	F	0.03%
BMBL	F	0.03%
CBU	C	0.03%
PLXS	A	0.03%
CVCO	A	0.03%
PFS	B	0.03%
FDP	C	0.03%
LTH	B	0.03%
HI	F	0.02%
GO	F	0.02%
DK	F	0.02%
ROG	F	0.02%
OXM	F	0.02%
SCL	F	0.02%
XRX	D	0.02%
CTS	D	0.02%
CAKE	D	0.02%
THRM	D	0.02%
WOR	D	0.02%
ENOV	D	0.02%
OII	D	0.02%
ASB	D	0.02%
NVEE	F	0.02%
CMTG	D	0.02%
APAM	C	0.02%
KFRC	D	0.02%
AIN	D	0.02%
ATUS	C	0.02%
PPBI	D	0.02%
IART	F	0.01%

FAB Underweight 412 Positions Relative to JHMM

Symbol	Grade	Weight
URI	B	-0.62%
PHM	B	-0.54%
AMP	A	-0.5%
FICO	B	-0.46%
MPWR	C	-0.44%
NVR	B	-0.43%
AME	C	-0.41%
IT	B	-0.4%
HWM	B	-0.39%
PWR	B	-0.39%
FAST	C	-0.39%
RMD	C	-0.38%
VST	C	-0.38%
WAB	A	-0.37%
VRSK	D	-0.36%
FLEX	C	-0.36%
CDW	D	-0.35%
BLDR	C	-0.35%
FSLR	C	-0.34%
KEYS	C	-0.33%
NTAP	D	-0.33%
EXR	B	-0.33%
WSM	D	-0.33%
IRM	C	-0.33%
ANSS	D	-0.32%
TOL	B	-0.32%
WTW	C	-0.32%
EFX	B	-0.32%
FCNCA	D	-0.31%
MTD	D	-0.31%
ROK	D	-0.31%
IR	C	-0.3%
HUBB	B	-0.3%
DECK	C	-0.3%
GLW	C	-0.3%
SCI	B	-0.3%
ZBRA	B	-0.3%
TTWO	C	-0.29%
CAH	C	-0.29%
NDAQ	A	-0.29%
EQH	C	-0.29%
BR	D	-0.29%
TTD	B	-0.29%
GRMN	D	-0.28%
HOLX	C	-0.28%
MLM	D	-0.28%
CSL	B	-0.28%
STE	C	-0.28%
TER	D	-0.28%
RCL	B	-0.28%
TYL	C	-0.27%
BAH	C	-0.27%
WDC	D	-0.27%
XYL	D	-0.26%
EME	B	-0.26%
CASY	D	-0.26%
VRT	C	-0.25%
JNPR	B	-0.25%
FFIV	B	-0.25%
MRO	D	-0.25%
DFS	C	-0.25%
LII	B	-0.25%
BRO	C	-0.24%
BURL	B	-0.24%
AVY	C	-0.23%
CHD	D	-0.23%
DOX	C	-0.23%
PTC	D	-0.23%
GDDY	C	-0.23%
DRI	B	-0.23%
VMC	D	-0.23%
WST	D	-0.23%
CPAY	B	-0.23%
AKAM	D	-0.23%
PNR	B	-0.23%
ALNY	C	-0.22%
MANH	B	-0.22%
LDOS	B	-0.22%
ULTA	D	-0.22%
QRVO	F	-0.21%
FDS	C	-0.21%
PPL	C	-0.21%
TPL	B	-0.21%
GWRE	A	-0.21%
AVTR	B	-0.21%
BALL	C	-0.21%
ALLE	B	-0.21%
LPLA	D	-0.21%
ACM	B	-0.21%
CLH	A	-0.21%
BLD	D	-0.21%
WAT	C	-0.2%
FTV	C	-0.2%
ENTG	F	-0.2%
COHR	C	-0.2%
VICI	C	-0.2%
STX	C	-0.2%
TPR	C	-0.2%
JKHY	B	-0.19%
ES	C	-0.19%
AXON	B	-0.19%
NWSA	D	-0.19%
CLX	C	-0.19%
SWK	B	-0.19%
ITT	B	-0.19%
DLTR	F	-0.18%
CIEN	C	-0.18%
ARMK	B	-0.18%
DVA	B	-0.18%
KMX	D	-0.18%
TRMB	C	-0.18%
NTRS	A	-0.18%
INGR	B	-0.18%
PFGC	B	-0.18%
MAS	B	-0.18%
CRL	F	-0.18%
RPM	B	-0.18%
WSO	C	-0.17%
OLED	C	-0.17%
PSTG	F	-0.17%
HAS	B	-0.17%
ATR	B	-0.17%
CHRW	B	-0.17%
AMCR	B	-0.17%
HUBS	D	-0.17%
AVB	B	-0.17%
IFF	B	-0.17%
GGG	C	-0.17%
UDR	C	-0.16%
CW	B	-0.16%
TXRH	C	-0.16%
IEX	D	-0.16%
EXPE	C	-0.16%
AES	C	-0.16%
NDSN	C	-0.16%
WMS	D	-0.16%
TRU	B	-0.16%
DCI	C	-0.16%
BMRN	F	-0.16%
ALV	F	-0.16%
SF	A	-0.16%
NVT	D	-0.16%
ARES	B	-0.16%
GPK	B	-0.16%
TECH	C	-0.16%
AOS	D	-0.16%
MKSI	F	-0.15%
CHE	C	-0.15%
DPZ	F	-0.15%
CBOE	C	-0.15%
NBIX	F	-0.15%
VRSN	D	-0.15%
X	F	-0.15%
MUSA	D	-0.15%
HOOD	C	-0.15%
FND	C	-0.15%
CTLT	B	-0.15%
ERIE	B	-0.15%
TTEK	C	-0.15%
WWD	D	-0.15%
EXEL	C	-0.15%
KNSL	C	-0.14%
LAMR	B	-0.14%
LECO	F	-0.14%
ELS	C	-0.14%
CHDN	C	-0.14%
AMH	C	-0.14%
CPT	B	-0.14%
TTC	D	-0.14%
PRI	B	-0.14%
ACHC	C	-0.14%
SWN	D	-0.14%
IBKR	B	-0.14%
APP	C	-0.14%
XPO	D	-0.14%
GLPI	C	-0.14%
RRX	C	-0.14%
REG	C	-0.14%
INVH	C	-0.14%
ENPH	D	-0.13%
CBSH	C	-0.13%
GNTX	F	-0.13%
SAIA	D	-0.13%
ENSG	B	-0.13%
GLOB	D	-0.13%
WEX	C	-0.13%
LNW	B	-0.13%
DAY	D	-0.13%
NYT	C	-0.13%
MHK	C	-0.13%
AXTA	B	-0.13%
WSC	D	-0.13%
ESS	B	-0.13%
CUBE	C	-0.13%
ST	D	-0.13%
EXAS	C	-0.13%
FIX	B	-0.13%
POST	C	-0.13%
DOCU	C	-0.12%
KBR	D	-0.12%
HEI	B	-0.12%
MTN	D	-0.12%
GMED	D	-0.12%
MGM	F	-0.12%
ALSN	B	-0.12%
ALGN	D	-0.12%
ELAN	D	-0.12%
SUI	B	-0.12%
CCL	C	-0.12%
ONTO	D	-0.12%
BXP	B	-0.12%
WH	B	-0.12%
RGLD	C	-0.12%
HST	C	-0.12%
PODD	B	-0.12%
HRB	C	-0.12%
ROL	C	-0.12%
LW	D	-0.12%
MKTX	C	-0.12%
RL	C	-0.12%
TWLO	D	-0.12%
BRKR	D	-0.12%
MORN	C	-0.11%
LYV	B	-0.11%
EXP	B	-0.11%
BIO	C	-0.11%
XRAY	D	-0.11%
MEDP	F	-0.11%
DBX	D	-0.11%
OHI	B	-0.11%
FCN	D	-0.11%
HALO	C	-0.11%
DOC	C	-0.11%
GNRC	D	-0.11%
Z	B	-0.11%
NTRA	C	-0.11%
REXR	C	-0.11%
NCLH	C	-0.11%
BWXT	D	-0.11%
AIT	A	-0.11%
PINS	F	-0.1%
VEEV	C	-0.1%
NNN	C	-0.1%
CFR	C	-0.1%
COKE	C	-0.1%
NET	D	-0.1%
CPRI	D	-0.1%
DT	C	-0.1%
CR	C	-0.1%
TREX	D	-0.1%
ACI	F	-0.1%
CGNX	F	-0.1%
RGEN	D	-0.1%
MTZ	B	-0.1%
FRT	C	-0.1%
TPX	C	-0.1%
MTCH	C	-0.09%
FTI	D	-0.09%
MASI	F	-0.09%
DLB	F	-0.09%
CG	D	-0.09%
FN	D	-0.09%
COLD	D	-0.09%
DAL	C	-0.09%
NTNX	C	-0.09%
PCTY	C	-0.09%
RBC	C	-0.09%
HQY	C	-0.09%
VVV	D	-0.09%
BRX	B	-0.09%
HEI	B	-0.09%
BAX	C	-0.09%
BSY	D	-0.09%
SRPT	D	-0.09%
EGP	B	-0.09%
PAYC	D	-0.09%
OPCH	C	-0.09%
MDB	D	-0.09%
APG	D	-0.09%
SSD	D	-0.09%
CNM	F	-0.09%
SBAC	C	-0.09%
DKNG	C	-0.09%
H	C	-0.08%
ALB	D	-0.08%
TOST	C	-0.08%
TW	B	-0.08%
STAG	C	-0.08%
PLNT	B	-0.08%
LSCC	D	-0.08%
FOX	B	-0.08%
FR	B	-0.08%
ROKU	C	-0.08%
CVNA	B	-0.08%
BFAM	C	-0.08%
OKTA	F	-0.08%
SFM	B	-0.08%
MSA	D	-0.08%
NOVT	D	-0.08%
SPSC	D	-0.08%
VLTO	C	-0.08%
SITE	C	-0.08%
EVR	A	-0.08%
NSIT	D	-0.08%
WYNN	D	-0.08%
CHH	C	-0.07%
TKO	B	-0.07%
ADC	C	-0.07%
RPRX	C	-0.07%
BRBR	C	-0.07%
ATI	D	-0.07%
AFRM	C	-0.07%
FIVE	D	-0.07%
WING	B	-0.07%
RLI	B	-0.07%
ZS	F	-0.07%
CIVI	F	-0.07%
RBLX	B	-0.07%
PEN	D	-0.07%
WFRD	F	-0.07%
ANF	D	-0.06%
SMAR	C	-0.06%
HXL	F	-0.06%
CHX	F	-0.06%
ETSY	F	-0.06%
EDR	A	-0.06%
BILL	D	-0.06%
HLNE	B	-0.06%
TNET	F	-0.06%
AAON	B	-0.06%
GTLS	F	-0.06%
NWS	D	-0.06%
MTSI	D	-0.06%
WTS	C	-0.06%
U	D	-0.05%
PCOR	F	-0.05%
INSP	C	-0.05%
PR	F	-0.05%
ESTC	F	-0.05%
ESAB	C	-0.05%
TRNO	C	-0.05%
RMBS	F	-0.05%
COTY	F	-0.05%
DUOL	B	-0.05%
MSM	D	-0.05%
QLYS	F	-0.05%
EXLS	B	-0.05%
FLR	D	-0.05%
PCVX	C	-0.05%
ELF	F	-0.05%
IBP	D	-0.04%
RCM	C	-0.04%
IOT	B	-0.04%
IONS	F	-0.04%
ALTR	D	-0.04%
GTLB	D	-0.04%
SN	B	-0.04%
CSGP	D	-0.04%
SOFI	C	-0.04%
VNT	F	-0.04%
PSN	B	-0.04%
ITCI	D	-0.04%
SNAP	F	-0.04%
AM	C	-0.04%
PATH	D	-0.04%
FLS	D	-0.04%
W	D	-0.03%
AZEK	C	-0.03%
NEU	D	-0.03%
CFLT	F	-0.03%
TENB	F	-0.03%
LEVI	C	-0.03%
CYTK	F	-0.03%
AGR	B	-0.03%
WMG	D	-0.03%
ESI	D	-0.03%
RHP	C	-0.03%
S	C	-0.03%
CELH	F	-0.03%
ZWS	A	-0.03%
APPF	D	-0.03%
ENLC	B	-0.03%
FOUR	C	-0.03%
PPC	D	-0.03%
ZI	D	-0.02%
ALGM	F	-0.02%
LYFT	D	-0.02%
ZG	B	-0.02%
RRR	D	-0.02%
FRSH	F	-0.02%
CRSP	F	-0.02%
MARA	F	-0.02%
CNA	C	-0.02%
BPMC	F	-0.02%
AAL	D	-0.02%
APLS	F	-0.02%
VKTX	C	-0.02%
HCP	B	-0.02%
BROS	D	-0.01%
BIRK	F	-0.01%
CHWY	C	-0.01%
BRZE	F	-0.01%
UI	B	-0.01%
NFE	F	-0.01%
TXG	D	-0.01%
RKT	C	-0.01%
LBRDA	F	-0.01%
BBIO	D	-0.01%
INFA	D	-0.01%
DV	F	-0.01%
UWMC	D	-0.0%
KNTK	B	-0.0%