FAD vs. JHMM ETF Comparison

Comparison of First Trust MuFirst Trust Multi CG AlphaDEX (FAD) to John Hancock Multifactor Mid Cap ETF (JHMM)

FAD

First Trust MuFirst Trust Multi CG AlphaDEX

FAD 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 Growth 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) Growth 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

$132.68

Average Daily Volume

4,770

Number of Holdings ^*

641

* 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	FAD	JHMM
30 Days	4.70%	4.56%
60 Days	6.09%	6.04%
90 Days	8.24%	8.48%
12 Months	30.86%	25.20%

230 Overlapping Holdings

Symbol	Grade	Weight in FAD	Weight in JHMM	Overlap
AAON	B	0.18%	0.06%	0.06%
ADC	C	0.1%	0.07%	0.07%
AES	C	0.04%	0.16%	0.04%
AFRM	C	0.12%	0.07%	0.07%
AIT	A	0.18%	0.11%	0.11%
ALGM	F	0.03%	0.02%	0.02%
ALLE	B	0.05%	0.21%	0.05%
ALNY	C	0.19%	0.22%	0.19%
ALSN	B	0.24%	0.12%	0.12%
ALTR	C	0.11%	0.04%	0.04%
AM	C	0.17%	0.04%	0.04%
AME	C	0.08%	0.41%	0.08%
AMH	C	0.09%	0.14%	0.09%
ANF	D	0.17%	0.06%	0.06%
AOS	D	0.08%	0.16%	0.08%
APG	D	0.15%	0.09%	0.09%
APP	C	0.29%	0.14%	0.14%
APPF	D	0.16%	0.03%	0.03%
ARES	B	0.28%	0.16%	0.16%
ARMK	B	0.19%	0.18%	0.18%
ATI	C	0.23%	0.07%	0.07%
ATR	B	0.18%	0.17%	0.17%
AVB	B	0.19%	0.17%	0.17%
AXON	B	0.22%	0.19%	0.19%
AXTA	B	0.13%	0.13%	0.13%
AZEK	C	0.09%	0.03%	0.03%
BAH	C	0.44%	0.27%	0.27%
BFAM	C	0.22%	0.08%	0.08%
BLD	D	0.08%	0.21%	0.08%
BPMC	F	0.14%	0.02%	0.02%
BR	D	0.27%	0.29%	0.27%
BRBR	C	0.13%	0.07%	0.07%
BRO	C	0.39%	0.24%	0.24%
BROS	D	0.08%	0.01%	0.01%
BRX	B	0.05%	0.09%	0.05%
BWXT	D	0.17%	0.11%	0.11%
CASY	D	0.21%	0.26%	0.21%
CCL	C	0.32%	0.12%	0.12%
CELH	F	0.05%	0.03%	0.03%
CFLT	F	0.06%	0.03%	0.03%
CFR	C	0.14%	0.1%	0.1%
CHD	D	0.17%	0.23%	0.17%
CHDN	C	0.17%	0.14%	0.14%
CHE	C	0.04%	0.15%	0.04%
CHH	C	0.09%	0.07%	0.07%
CIVI	F	0.03%	0.07%	0.03%
CLH	A	0.23%	0.21%	0.21%
CNM	F	0.11%	0.09%	0.09%
COKE	C	0.25%	0.1%	0.1%
CPAY	B	0.1%	0.23%	0.1%
CPT	B	0.1%	0.14%	0.1%
CSL	B	0.35%	0.28%	0.28%
CUBE	B	0.05%	0.13%	0.05%
CVNA	B	0.23%	0.08%	0.08%
CW	B	0.24%	0.16%	0.16%
DAL	C	0.33%	0.09%	0.09%
DCI	C	0.13%	0.16%	0.13%
DECK	C	0.41%	0.3%	0.3%
DKNG	C	0.17%	0.09%	0.09%
DOC	C	0.05%	0.11%	0.05%
DOCU	C	0.04%	0.12%	0.04%
DPZ	F	0.27%	0.15%	0.15%
DRI	B	0.09%	0.23%	0.09%
DUOL	B	0.14%	0.05%	0.05%
DVA	B	0.25%	0.18%	0.18%
EGP	B	0.05%	0.09%	0.05%
ELF	F	0.12%	0.05%	0.05%
EME	B	0.23%	0.26%	0.23%
ENSG	B	0.26%	0.13%	0.13%
ENTG	F	0.07%	0.2%	0.07%
ERIE	B	0.49%	0.15%	0.15%
ESAB	C	0.13%	0.05%	0.05%
ESS	B	0.2%	0.13%	0.13%
ESTC	F	0.11%	0.05%	0.05%
EXEL	C	0.15%	0.15%	0.15%
EXLS	B	0.15%	0.05%	0.05%
EXP	B	0.11%	0.11%	0.11%
EXPE	C	0.27%	0.16%	0.16%
FCN	D	0.17%	0.11%	0.11%
FCNCA	D	0.47%	0.31%	0.31%
FFIV	B	0.1%	0.25%	0.1%
FICO	B	0.43%	0.46%	0.43%
FIX	B	0.24%	0.13%	0.13%
FOUR	C	0.14%	0.03%	0.03%
FSLR	C	0.25%	0.34%	0.25%
GDDY	C	0.47%	0.23%	0.23%
GNTX	F	0.11%	0.13%	0.11%
GPK	B	0.1%	0.16%	0.1%
GRMN	D	0.45%	0.28%	0.28%
GWRE	A	0.21%	0.21%	0.21%
H	C	0.2%	0.08%	0.08%
HALO	C	0.25%	0.11%	0.11%
HAS	B	0.15%	0.17%	0.15%
HEI	B	0.5%	0.12%	0.12%
HEI	B	0.5%	0.09%	0.09%
HLNE	B	0.16%	0.06%	0.06%
HOOD	C	0.2%	0.15%	0.15%
HQY	C	0.15%	0.09%	0.09%
HRB	C	0.25%	0.12%	0.12%
HST	C	0.08%	0.12%	0.08%
HUBB	B	0.19%	0.3%	0.19%
HUBS	D	0.07%	0.17%	0.07%
HWM	B	0.52%	0.39%	0.39%
HXL	F	0.04%	0.06%	0.04%
IBKR	B	0.22%	0.14%	0.14%
IBP	D	0.14%	0.04%	0.04%
INFA	D	0.07%	0.01%	0.01%
INGR	B	0.15%	0.18%	0.15%
INVH	C	0.18%	0.14%	0.14%
IONS	F	0.11%	0.04%	0.04%
IOT	B	0.12%	0.04%	0.04%
IR	C	0.34%	0.3%	0.3%
IRM	C	0.56%	0.33%	0.33%
IT	B	0.19%	0.4%	0.19%
ITCI	D	0.09%	0.04%	0.04%
ITT	B	0.18%	0.19%	0.18%
JKHY	B	0.04%	0.19%	0.04%
KNSL	C	0.1%	0.14%	0.1%
KNTK	B	0.08%	0.0%	0.0%
LAMR	B	0.14%	0.14%	0.14%
LII	B	0.47%	0.25%	0.25%
LNW	B	0.22%	0.13%	0.13%
LPLA	D	0.31%	0.21%	0.21%
LW	D	0.06%	0.12%	0.06%
LYFT	D	0.07%	0.02%	0.02%
LYV	B	0.26%	0.11%	0.11%
MANH	B	0.27%	0.22%	0.22%
MARA	F	0.07%	0.02%	0.02%
MAS	B	0.1%	0.18%	0.1%
MEDP	F	0.18%	0.11%	0.11%
MGM	F	0.21%	0.12%	0.12%
MKSI	F	0.14%	0.15%	0.14%
MLM	D	0.16%	0.28%	0.16%
MORN	C	0.13%	0.11%	0.11%
MPWR	C	0.28%	0.44%	0.28%
MSA	D	0.12%	0.08%	0.08%
MTD	D	0.17%	0.31%	0.17%
MTSI	D	0.15%	0.06%	0.06%
MUSA	D	0.24%	0.15%	0.15%
NBIX	F	0.07%	0.15%	0.07%
NCLH	C	0.13%	0.11%	0.11%
NET	D	0.08%	0.1%	0.08%
NEU	D	0.05%	0.03%	0.03%
NNN	C	0.05%	0.1%	0.05%
NTAP	D	0.39%	0.33%	0.33%
NTNX	C	0.36%	0.09%	0.09%
NTRA	C	0.25%	0.11%	0.11%
NTRS	A	0.36%	0.18%	0.18%
NVR	B	0.21%	0.43%	0.21%
NYT	C	0.18%	0.13%	0.13%
OHI	B	0.15%	0.11%	0.11%
OKTA	F	0.14%	0.08%	0.08%
OLED	C	0.13%	0.17%	0.13%
ONTO	D	0.15%	0.12%	0.12%
OPCH	C	0.05%	0.09%	0.05%
PCOR	F	0.04%	0.05%	0.04%
PFGC	B	0.09%	0.18%	0.09%
PHM	B	0.32%	0.54%	0.32%
PINS	F	0.22%	0.1%	0.1%
PLNT	B	0.14%	0.08%	0.08%
PODD	B	0.2%	0.12%	0.12%
POST	C	0.23%	0.13%	0.13%
PPL	C	0.2%	0.21%	0.2%
PR	F	0.11%	0.05%	0.05%
PRI	B	0.18%	0.14%	0.14%
PSN	B	0.25%	0.04%	0.04%
PSTG	F	0.33%	0.17%	0.17%
PTC	D	0.08%	0.23%	0.08%
PWR	B	0.45%	0.39%	0.39%
RBC	C	0.04%	0.09%	0.04%
RCL	B	0.45%	0.28%	0.28%
REG	C	0.05%	0.14%	0.05%
RGLD	C	0.05%	0.12%	0.05%
RHP	C	0.04%	0.03%	0.03%
RKT	C	0.03%	0.01%	0.01%
RL	C	0.17%	0.12%	0.12%
RLI	B	0.14%	0.07%	0.07%
RMD	C	0.11%	0.38%	0.11%
ROK	D	0.08%	0.31%	0.08%
ROL	C	0.26%	0.12%	0.12%
RPM	B	0.09%	0.18%	0.09%
RRR	D	0.05%	0.02%	0.02%
S	C	0.09%	0.03%	0.03%
SAIA	D	0.04%	0.13%	0.04%
SFM	B	0.26%	0.08%	0.08%
SMAR	C	0.15%	0.06%	0.06%
SNAP	F	0.14%	0.04%	0.04%
SOFI	C	0.1%	0.04%	0.04%
SRPT	D	0.17%	0.09%	0.09%
SSD	D	0.05%	0.09%	0.05%
STE	C	0.19%	0.28%	0.19%
STX	C	0.42%	0.2%	0.2%
TECH	C	0.04%	0.16%	0.04%
TENB	F	0.04%	0.03%	0.03%
TKO	B	0.18%	0.07%	0.07%
TNET	F	0.08%	0.06%	0.06%
TOL	B	0.22%	0.32%	0.22%
TOST	C	0.21%	0.08%	0.08%
TPL	B	0.19%	0.21%	0.19%
TPX	C	0.05%	0.1%	0.05%
TRU	B	0.11%	0.16%	0.11%
TTD	B	0.19%	0.29%	0.19%
TTEK	C	0.24%	0.15%	0.15%
TTWO	C	0.08%	0.29%	0.08%
TW	B	0.19%	0.08%	0.08%
TXRH	C	0.2%	0.16%	0.16%
TYL	C	0.29%	0.27%	0.27%
UDR	C	0.1%	0.16%	0.1%
URI	B	0.39%	0.62%	0.39%
VMC	D	0.08%	0.23%	0.08%
VNT	F	0.07%	0.04%	0.04%
VRSK	D	0.17%	0.36%	0.17%
VRT	C	0.42%	0.25%	0.25%
VST	C	0.43%	0.38%	0.38%
WAB	B	0.46%	0.37%	0.37%
WEX	C	0.05%	0.13%	0.05%
WFRD	F	0.16%	0.07%	0.07%
WING	B	0.2%	0.07%	0.07%
WMG	D	0.08%	0.03%	0.03%
WMS	D	0.08%	0.16%	0.08%
WSC	D	0.04%	0.13%	0.04%
WSM	D	0.17%	0.33%	0.17%
WSO	C	0.26%	0.17%	0.17%
WTS	C	0.04%	0.06%	0.04%
WWD	D	0.2%	0.15%	0.15%
WYNN	D	0.11%	0.08%	0.08%
XPO	D	0.17%	0.14%	0.14%
XYL	C	0.24%	0.26%	0.24%
ZS	F	0.15%	0.07%	0.07%
ZWS	A	0.09%	0.03%	0.03%

FAD Overweight 412 Positions Relative to JHMM

Symbol	Grade	Weight
KKR	B	0.5%
BK	B	0.49%
GE	B	0.48%
TJX	B	0.47%
TT	B	0.47%
COST	B	0.46%
MMM	B	0.45%
LLY	C	0.44%
ANET	B	0.44%
META	B	0.44%
BKNG	C	0.43%
JPM	D	0.43%
CEG	C	0.42%
HLT	B	0.42%
NVDA	D	0.41%
APO	C	0.41%
SMMT	C	0.4%
MSI	B	0.39%
AJG	D	0.39%
ORCL	C	0.39%
ISRG	B	0.38%
CMG	C	0.38%
ROST	C	0.37%
TDG	B	0.37%
GOOGL	D	0.37%
BSX	B	0.37%
CL	D	0.37%
AVGO	C	0.36%
ECL	B	0.36%
RSG	D	0.36%
AMGN	B	0.36%
PANW	D	0.35%
PLTR	B	0.35%
NFLX	B	0.35%
VRTX	D	0.35%
CAT	B	0.35%
UBER	C	0.34%
MAR	C	0.33%
AMZN	C	0.33%
ETN	C	0.33%
APH	D	0.32%
PM	C	0.31%
KLAC	D	0.31%
CTAS	B	0.3%
TMUS	C	0.29%
CRWD	D	0.29%
PH	B	0.29%
NOW	B	0.28%
MCO	B	0.28%
ORLY	C	0.27%
MMC	C	0.27%
AMAT	D	0.27%
DLR	B	0.26%
AZO	D	0.26%
WMB	B	0.26%
LRCX	F	0.25%
MOG.A	B	0.25%
INTU	C	0.25%
RIVN	F	0.25%
MSFT	C	0.24%
WM	D	0.24%
OTIS	C	0.24%
FRPT	B	0.23%
BCO	B	0.23%
PCAR	D	0.23%
ITGR	A	0.23%
MOD	A	0.23%
INSM	D	0.23%
CDNS	D	0.22%
LNTH	D	0.22%
AVAV	C	0.22%
CVLT	B	0.21%
SNPS	D	0.21%
SFBS	B	0.21%
DDOG	D	0.21%
OLLI	C	0.21%
IBM	B	0.21%
WELL	C	0.21%
NXPI	F	0.21%
ADMA	B	0.2%
SO	B	0.2%
ADP	B	0.2%
MO	C	0.2%
KNF	B	0.2%
SYK	C	0.19%
RYAN	D	0.19%
PEGA	C	0.19%
GWW	B	0.19%
BMI	A	0.19%
AWI	B	0.19%
ZETA	C	0.19%
KTB	B	0.19%
KO	C	0.19%
CBT	B	0.19%
FSS	D	0.18%
EA	D	0.18%
GKOS	C	0.18%
PG	C	0.18%
AAPL	C	0.18%
KD	D	0.18%
ALHC	C	0.18%
ADBE	F	0.17%
PTGX	C	0.17%
SATS	C	0.17%
OSCR	B	0.17%
ROP	C	0.17%
ADI	C	0.17%
CRM	D	0.17%
LOPE	D	0.17%
CRVL	B	0.16%
CRS	B	0.16%
HWKN	C	0.16%
AMD	D	0.16%
PRCT	C	0.16%
CNK	C	0.16%
HON	D	0.16%
MIRM	D	0.15%
AXSM	C	0.15%
HCC	F	0.15%
ACIW	B	0.15%
EPRT	B	0.15%
GVA	B	0.15%
QTWO	B	0.15%
SMTC	C	0.14%
FTDR	B	0.14%
CWST	D	0.14%
TDS	C	0.14%
ACA	B	0.14%
SMCI	F	0.14%
KAI	C	0.14%
SGBX	F	0.14%
RDNT	B	0.14%
PJT	B	0.14%
SPNT	C	0.14%
IESC	C	0.14%
IRT	B	0.14%
MMSI	B	0.14%
USLM	B	0.14%
VRNS	C	0.14%
LRN	B	0.14%
RVMD	C	0.14%
POWL	C	0.14%
ROAD	B	0.14%
PI	B	0.14%
OWL	C	0.13%
OSW	C	0.13%
ITRI	C	0.13%
VRRM	D	0.13%
TDW	F	0.13%
TBBK	B	0.13%
ALKT	D	0.13%
GERN	D	0.13%
TRN	D	0.13%
ATGE	C	0.13%
WHD	C	0.13%
STRL	B	0.13%
AGIO	C	0.13%
GOLF	D	0.13%
AMRX	B	0.13%
GATX	D	0.13%
DY	B	0.13%
KRYS	D	0.13%
STWD	B	0.13%
TWST	D	0.12%
SKYW	C	0.12%
AROC	D	0.12%
UFPT	B	0.12%
BKD	D	0.12%
SLG	B	0.12%
EEFT	D	0.12%
NHI	C	0.12%
TMDX	C	0.12%
ACLS	F	0.12%
CSWI	B	0.12%
AZZ	D	0.12%
EPAC	B	0.11%
MBIN	D	0.11%
LMAT	C	0.11%
HURN	C	0.11%
TNDM	C	0.11%
LAUR	C	0.11%
PTCT	C	0.11%
KTOS	C	0.11%
MYGN	C	0.11%
BRC	C	0.11%
ICFI	B	0.11%
KYMR	C	0.11%
RXST	C	0.11%
COLL	C	0.11%
IDCC	B	0.11%
PLMR	C	0.11%
CORT	C	0.11%
CEIX	D	0.11%
EXPO	A	0.1%
TGLS	B	0.1%
AGYS	D	0.1%
HLX	F	0.1%
ALKS	C	0.1%
SPGI	B	0.1%
TPG	B	0.1%
VERX	D	0.1%
SPR	D	0.1%
GRBK	B	0.1%
AON	B	0.1%
HIMS	D	0.1%
BOWL	F	0.1%
PMT	C	0.1%
DASH	C	0.1%
GFF	D	0.1%
JWN	C	0.1%
SCS	D	0.1%
ARDX	D	0.1%
SKWD	C	0.1%
SHW	B	0.1%
PAR	B	0.09%
TXN	C	0.09%
BANF	B	0.09%
SYBT	A	0.09%
SBRA	C	0.09%
RYTM	B	0.09%
MSTR	D	0.09%
DSGR	B	0.09%
CRDO	D	0.09%
CARS	D	0.09%
HRI	D	0.09%
MRVL	C	0.09%
WRBY	D	0.09%
ADSK	C	0.09%
LIN	B	0.09%
CBZ	F	0.09%
ORA	C	0.09%
PEP	C	0.09%
FLNC	C	0.09%
SPG	B	0.09%
MAC	B	0.09%
V	C	0.09%
CMPR	D	0.09%
BCRX	C	0.09%
AKR	B	0.09%
TNL	D	0.09%
MSGS	B	0.09%
HD	B	0.09%
CAL	F	0.09%
MA	B	0.09%
CPRX	A	0.09%
BLKB	C	0.09%
BCPC	C	0.09%
GBX	C	0.09%
PAYX	C	0.09%
LVS	D	0.08%
RKLB	C	0.08%
OSIS	D	0.08%
OTTR	F	0.08%
MGNI	D	0.08%
LKFN	C	0.08%
CDRE	C	0.08%
AEIS	D	0.08%
PRGS	C	0.08%
CPRT	D	0.08%
HAE	F	0.08%
ALX	B	0.08%
ACVA	B	0.08%
YOU	C	0.08%
CHCO	B	0.08%
CARG	B	0.08%
SMPL	D	0.08%
LPG	F	0.08%
ESRT	B	0.08%
SHAK	C	0.08%
INSW	D	0.08%
STZ	D	0.08%
MRUS	D	0.08%
GIII	C	0.08%
NSA	B	0.08%
UE	B	0.08%
HASI	C	0.08%
IIPR	B	0.08%
VECO	F	0.07%
ANIP	D	0.07%
MIR	D	0.07%
EVH	C	0.07%
GH	D	0.07%
PK	D	0.07%
THR	D	0.07%
TNC	F	0.07%
GPOR	D	0.07%
DOCS	B	0.07%
VGR	B	0.07%
GBDC	C	0.07%
SLB	F	0.07%
FORM	F	0.07%
BA	F	0.07%
ENV	C	0.07%
NSSC	F	0.07%
FIZZ	D	0.07%
JJSF	C	0.07%
WABC	D	0.07%
AESI	C	0.07%
SWI	B	0.07%
SAM	F	0.07%
AGM	D	0.07%
ESE	B	0.06%
JBI	F	0.06%
SKT	B	0.06%
SITM	B	0.06%
PDFS	F	0.06%
CLDX	C	0.06%
OUT	C	0.06%
CRNX	C	0.06%
IVT	B	0.06%
SABR	D	0.06%
NABL	D	0.06%
FA	B	0.06%
SHC	C	0.06%
IRTC	F	0.06%
CTRE	C	0.06%
ENVX	F	0.06%
EW	F	0.06%
TGI	F	0.06%
HRMY	B	0.06%
IOSP	D	0.06%
AMR	F	0.06%
DFH	C	0.06%
YELP	F	0.05%
PEB	D	0.05%
SHO	C	0.05%
ETWO	C	0.05%
HEES	D	0.05%
FOR	C	0.05%
AMC	F	0.05%
VCEL	D	0.05%
EPR	B	0.05%
DRH	C	0.05%
NOVA	C	0.05%
WDFC	C	0.05%
GIC	D	0.05%
KRG	B	0.05%
SXI	C	0.05%
SMG	C	0.05%
JOE	C	0.05%
LADR	B	0.05%
TR	C	0.05%
PRVA	F	0.05%
BOX	C	0.05%
LTC	C	0.05%
CNS	B	0.05%
EXTR	C	0.05%
AIV	B	0.05%
MLNK	C	0.05%
CCOI	C	0.05%
MYRG	F	0.04%
PGNY	F	0.04%
VCYT	B	0.04%
TRIP	F	0.04%
PDFS	F	0.04%
AGL	F	0.04%
RUN	C	0.04%
XMTR	D	0.04%
NCNO	D	0.04%
BE	F	0.04%
RAMP	F	0.04%
FWRG	F	0.04%
ALRM	F	0.04%
FELE	C	0.04%
IPAR	F	0.04%
YETI	D	0.04%
ZUO	F	0.04%
WEN	C	0.04%
NTST	D	0.03%
JAMF	D	0.03%
PLYM	D	0.03%
CNMD	D	0.03%
LMND	D	0.03%
DRVN	C	0.03%
BANC	B	0.03%
BEAM	F	0.03%
IAS	D	0.03%
AMWD	D	0.03%
AWR	B	0.03%
DOCN	A	0.03%
PHR	D	0.03%
KW	C	0.03%
NEO	C	0.03%
CLSK	F	0.03%
MGEE	B	0.03%
INTA	A	0.03%
FCPT	C	0.03%
UMH	C	0.03%
CWAN	B	0.03%
DNLI	C	0.03%
TGTX	C	0.03%
AI	F	0.02%
BASE	F	0.02%
PLAY	F	0.02%
CXM	F	0.02%
UEC	D	0.02%
VC	F	0.02%
CTKB	F	0.02%
WNC	F	0.02%
MCW	F	0.02%
RES	D	0.02%
GTX	F	0.02%
UPWK	D	0.02%
PLAB	F	0.02%
NARI	F	0.02%
MTRN	F	0.02%
ROCK	D	0.02%
EVTC	D	0.02%
DBRG	D	0.02%
ALG	D	0.02%
WINA	D	0.02%
RNG	F	0.02%

FAD Underweight 408 Positions Relative to JHMM

Symbol	Grade	Weight
HIG	B	-0.55%
LEN	B	-0.54%
AMP	A	-0.5%
ACGL	C	-0.4%
TRGP	B	-0.39%
EIX	C	-0.39%
FAST	C	-0.39%
TSCO	C	-0.38%
UHS	B	-0.38%
FANG	D	-0.37%
FLEX	C	-0.36%
DGX	B	-0.36%
CBRE	A	-0.36%
UTHR	C	-0.36%
DOV	B	-0.35%
OC	D	-0.35%
CDW	D	-0.35%
ETR	B	-0.35%
BLDR	C	-0.35%
SYF	C	-0.34%
FITB	B	-0.34%
KEYS	C	-0.33%
EXR	B	-0.33%
OKE	B	-0.33%
EBAY	B	-0.33%
ANSS	D	-0.32%
WTW	C	-0.32%
EFX	B	-0.32%
LNG	C	-0.32%
FNF	B	-0.32%
MTB	B	-0.31%
GLW	C	-0.3%
SCI	B	-0.3%
ZBRA	B	-0.3%
BBY	C	-0.29%
CAH	C	-0.29%
NDAQ	A	-0.29%
EQH	C	-0.29%
THC	A	-0.28%
MOH	D	-0.28%
HOLX	B	-0.28%
NI	B	-0.28%
TER	D	-0.28%
RF	B	-0.27%
OMC	B	-0.27%
VTRS	D	-0.27%
IP	B	-0.27%
STT	A	-0.27%
STLD	F	-0.27%
HPE	D	-0.27%
WDC	D	-0.27%
ZBH	F	-0.26%
RJF	C	-0.26%
USFD	B	-0.26%
KR	C	-0.26%
BKR	C	-0.25%
RGA	C	-0.25%
JNPR	B	-0.25%
CNP	C	-0.25%
PKG	B	-0.25%
MRO	C	-0.25%
PCG	C	-0.25%
DFS	B	-0.25%
PFG	B	-0.25%
FE	C	-0.24%
WEC	C	-0.24%
ALLY	F	-0.24%
BURL	B	-0.24%
DTE	C	-0.24%
EXPD	C	-0.24%
GPC	D	-0.23%
AVY	C	-0.23%
HBAN	B	-0.23%
DOX	C	-0.23%
SWKS	D	-0.23%
JLL	B	-0.23%
RS	D	-0.23%
SSNC	B	-0.23%
IPG	C	-0.23%
WST	D	-0.23%
AEE	C	-0.23%
EVRG	B	-0.23%
AKAM	D	-0.23%
PNR	B	-0.23%
CMS	C	-0.22%
EWBC	D	-0.22%
LDOS	B	-0.22%
TDY	B	-0.22%
ULTA	D	-0.22%
BG	D	-0.22%
AWK	B	-0.22%
SNA	C	-0.22%
CINF	B	-0.21%
NRG	C	-0.21%
QRVO	F	-0.21%
JBL	D	-0.21%
FDS	C	-0.21%
ARW	C	-0.21%
MKL	C	-0.21%
AVTR	B	-0.21%
BALL	C	-0.21%
ACM	B	-0.21%
CFG	C	-0.21%
LYB	D	-0.21%
WAT	C	-0.2%
L	C	-0.2%
FTV	C	-0.2%
K	B	-0.2%
COHR	C	-0.2%
VICI	C	-0.2%
CTRA	D	-0.2%
EMN	B	-0.2%
CHK	D	-0.2%
EHC	C	-0.2%
DKS	D	-0.2%
LNT	B	-0.2%
AN	D	-0.2%
KEY	B	-0.2%
TXT	D	-0.2%
TPR	C	-0.2%
WRB	C	-0.2%
HAL	F	-0.19%
TROW	D	-0.19%
ORI	B	-0.19%
AFG	B	-0.19%
ES	C	-0.19%
HSIC	C	-0.19%
NWSA	D	-0.19%
JEF	B	-0.19%
ATO	B	-0.19%
CLX	C	-0.19%
PNW	C	-0.19%
BERY	B	-0.19%
SWK	B	-0.19%
RNR	C	-0.19%
HII	D	-0.18%
DLTR	F	-0.18%
AIZ	B	-0.18%
GL	C	-0.18%
CIEN	C	-0.18%
JBHT	D	-0.18%
FOXA	B	-0.18%
KMX	D	-0.18%
TFX	C	-0.18%
TRMB	C	-0.18%
BJ	D	-0.18%
CRL	F	-0.18%
CACI	B	-0.18%
CF	C	-0.17%
EG	C	-0.17%
TSN	C	-0.17%
CHRW	B	-0.17%
LKQ	F	-0.17%
AMCR	B	-0.17%
UNM	B	-0.17%
POOL	C	-0.17%
VTR	C	-0.17%
IFF	B	-0.17%
MKC	C	-0.17%
WCC	D	-0.17%
WY	C	-0.17%
OVV	F	-0.17%
CCK	A	-0.17%
GGG	C	-0.17%
OGE	C	-0.16%
SKX	D	-0.16%
IEX	D	-0.16%
NDSN	C	-0.16%
CMI	C	-0.16%
KIM	C	-0.16%
BMRN	F	-0.16%
ALV	F	-0.16%
SF	A	-0.16%
NVT	D	-0.16%
WAL	B	-0.16%
CAG	C	-0.15%
NXST	D	-0.15%
LAD	D	-0.15%
CBOE	C	-0.15%
EQR	B	-0.15%
VRSN	D	-0.15%
CMA	B	-0.15%
BWA	D	-0.15%
X	F	-0.15%
FND	C	-0.15%
CTLT	B	-0.15%
KNX	C	-0.15%
LECO	F	-0.14%
ELS	C	-0.14%
SJM	C	-0.14%
TTC	D	-0.14%
SEIC	C	-0.14%
ACHC	C	-0.14%
AYI	B	-0.14%
SWN	D	-0.14%
TAP	D	-0.14%
EQT	D	-0.14%
ZION	D	-0.14%
GLPI	C	-0.14%
RRX	C	-0.14%
ENPH	D	-0.13%
JAZZ	D	-0.13%
CBSH	C	-0.13%
CE	F	-0.13%
LEA	F	-0.13%
MIDD	D	-0.13%
CLF	F	-0.13%
WBS	D	-0.13%
BC	C	-0.13%
MAA	B	-0.13%
GLOB	D	-0.13%
DD	B	-0.13%
OSK	F	-0.13%
CPB	C	-0.13%
FAF	B	-0.13%
VOYA	B	-0.13%
SAIC	C	-0.13%
J	C	-0.13%
DAY	D	-0.13%
ARE	C	-0.13%
MHK	C	-0.13%
LFUS	C	-0.13%
ST	D	-0.13%
AGCO	D	-0.13%
EXAS	C	-0.13%
RHI	D	-0.13%
KBR	D	-0.12%
MTN	D	-0.12%
BPOP	C	-0.12%
GMED	D	-0.12%
ALGN	D	-0.12%
ELAN	D	-0.12%
SUI	B	-0.12%
IVZ	B	-0.12%
BXP	B	-0.12%
ZM	C	-0.12%
WH	B	-0.12%
MOS	F	-0.12%
UFPI	C	-0.12%
CZR	C	-0.12%
MKTX	C	-0.12%
G	C	-0.12%
SON	C	-0.12%
UHAL	A	-0.12%
EPAM	F	-0.12%
TWLO	D	-0.12%
BRKR	D	-0.12%
CROX	D	-0.12%
BIO	C	-0.11%
XRAY	D	-0.11%
DBX	D	-0.11%
INCY	C	-0.11%
UGI	C	-0.11%
HLI	B	-0.11%
GNRC	D	-0.11%
Z	B	-0.11%
AR	F	-0.11%
OLN	D	-0.11%
REXR	C	-0.11%
RRC	D	-0.11%
WTRG	D	-0.11%
DINO	F	-0.11%
LSTR	D	-0.11%
MAT	C	-0.11%
VEEV	C	-0.1%
CMC	D	-0.1%
WTFC	B	-0.1%
APA	F	-0.1%
PB	B	-0.1%
AMG	C	-0.1%
CPRI	D	-0.1%
GXO	D	-0.1%
DT	C	-0.1%
TMHC	A	-0.1%
CR	C	-0.1%
TREX	D	-0.1%
ACI	F	-0.1%
HPQ	D	-0.1%
CGNX	F	-0.1%
DAR	F	-0.1%
FHN	D	-0.1%
WHR	D	-0.1%
RGEN	F	-0.1%
PNFP	B	-0.1%
MTZ	B	-0.1%
FRT	C	-0.1%
FYBR	C	-0.1%
MTCH	C	-0.09%
FTI	D	-0.09%
MASI	F	-0.09%
ESNT	B	-0.09%
LBRDK	F	-0.09%
DLB	D	-0.09%
PII	D	-0.09%
CG	D	-0.09%
FN	D	-0.09%
COLD	D	-0.09%
PCTY	C	-0.09%
MUR	F	-0.09%
VVV	D	-0.09%
CHRD	F	-0.09%
SSB	B	-0.09%
TKR	D	-0.09%
BAX	C	-0.09%
MTDR	F	-0.09%
BSY	D	-0.09%
PAYC	D	-0.09%
WPC	C	-0.09%
MDB	D	-0.09%
SBAC	C	-0.09%
BEN	F	-0.08%
ALB	D	-0.08%
CRBG	D	-0.08%
STAG	C	-0.08%
SNX	D	-0.08%
AMKR	F	-0.08%
LSCC	D	-0.08%
FOX	B	-0.08%
FR	B	-0.08%
ROKU	C	-0.08%
SEE	D	-0.08%
NOV	F	-0.08%
DTM	B	-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%
PAG	D	-0.07%
PVH	F	-0.07%
RPRX	C	-0.07%
HRL	C	-0.07%
FMC	C	-0.07%
WLK	D	-0.07%
PBF	F	-0.07%
BBWI	F	-0.07%
FIVE	D	-0.07%
WBD	D	-0.07%
BYD	C	-0.07%
RBLX	B	-0.07%
PEN	D	-0.07%
CHX	F	-0.06%
ATKR	F	-0.06%
MLI	A	-0.06%
ETSY	F	-0.06%
EDR	A	-0.06%
BILL	D	-0.06%
SIGI	D	-0.06%
GTLS	F	-0.06%
THO	D	-0.06%
NWS	D	-0.06%
UAL	C	-0.06%
U	D	-0.05%
PARA	F	-0.05%
CACC	F	-0.05%
OMF	D	-0.05%
INSP	C	-0.05%
TRNO	C	-0.05%
RMBS	F	-0.05%
COTY	F	-0.05%
MSM	D	-0.05%
QLYS	F	-0.05%
ADTN	D	-0.05%
FLR	D	-0.05%
PCVX	C	-0.05%
RCM	C	-0.04%
LUV	C	-0.04%
GAP	F	-0.04%
GTLB	D	-0.04%
SN	B	-0.04%
CSGP	D	-0.04%
BOKF	B	-0.04%
PATH	D	-0.04%
FLS	D	-0.04%
W	D	-0.03%
SUM	D	-0.03%
LEN	B	-0.03%
REYN	C	-0.03%
LEVI	C	-0.03%
CYTK	F	-0.03%
AGR	B	-0.03%
ESI	D	-0.03%
ENLC	B	-0.03%
PPC	D	-0.03%
ZI	D	-0.02%
ZG	B	-0.02%
FRSH	F	-0.02%
CRSP	F	-0.02%
LANC	D	-0.02%
CNA	C	-0.02%
AAL	D	-0.02%
DDS	F	-0.02%
APLS	F	-0.02%
VKTX	C	-0.02%
HCP	B	-0.02%
BIRK	F	-0.01%
CHWY	C	-0.01%
BRZE	F	-0.01%
UI	B	-0.01%
NFE	F	-0.01%
TXG	D	-0.01%
LBRDA	F	-0.01%
BECN	D	-0.01%
BBIO	D	-0.01%
UHAL	A	-0.01%
DV	F	-0.01%
UWMC	D	-0.0%