IWR vs. JPME ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

IWR

iShares Russell Mid-Cap ETF

IWR Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the mid-capitalization sector of the U.S. equity market. The underlying index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000® Index.

Grade (RS Rating)

Last Trade

$91.78

Average Daily Volume

1,432,462

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$106.75

Average Daily Volume

9,873

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	IWR	JPME
30 Days	2.87%	1.20%
60 Days	7.10%	4.33%
90 Days	9.31%	6.99%
12 Months	31.20%	27.01%

338 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in JPME	Overlap
	A	F	0.32%	0.3%	0.3%
	ACGL	C	0.3%	0.11%	0.11%
	ACHC	F	0.03%	0.18%	0.03%
	ACI	C	0.07%	0.3%	0.07%
	ADM	F	0.2%	0.3%	0.2%
	AEE	B	0.19%	0.02%	0.02%
	AFG	A	0.08%	0.18%	0.08%
	AFL	C	0.49%	0.37%	0.37%
	AGO	B	0.04%	0.23%	0.04%
	AJG	A	0.52%	0.36%	0.36%
	AKAM	F	0.11%	0.14%	0.11%
	ALLY	C	0.08%	0.12%	0.08%
	ALSN	B	0.08%	0.51%	0.08%
	AM	B	0.04%	0.4%	0.04%
	AME	A	0.36%	0.38%	0.36%
	AMH	C	0.1%	0.26%	0.1%
	AMP	A	0.45%	0.48%	0.45%
	AN	C	0.03%	0.32%	0.03%
	ANSS	B	0.24%	0.33%	0.24%
	AOS	F	0.07%	0.29%	0.07%
	APA	F	0.06%	0.15%	0.06%
	APP	B	0.62%	0.74%	0.62%
	AR	B	0.07%	0.28%	0.07%
	ASH	F	0.03%	0.29%	0.03%
	ATO	B	0.18%	0.4%	0.18%
	ATR	A	0.09%	0.01%	0.01%
	AVB	B	0.27%	0.37%	0.27%
	AVT	C	0.04%	0.15%	0.04%
	AVY	F	0.13%	0.3%	0.13%
	AXS	A	0.05%	0.15%	0.05%
	AYI	A	0.08%	0.09%	0.08%
	BAH	C	0.19%	0.17%	0.17%
	BBY	C	0.16%	0.29%	0.16%
	BG	D	0.1%	0.32%	0.1%
	BIIB	F	0.2%	0.05%	0.05%
	BKR	B	0.35%	0.18%	0.18%
	BLDR	C	0.17%	0.33%	0.17%
	BPOP	C	0.05%	0.31%	0.05%
	BRBR	A	0.07%	0.34%	0.07%
	BRKR	F	0.05%	0.22%	0.05%
	BRO	B	0.22%	0.17%	0.17%
	BRX	A	0.07%	0.39%	0.07%
	BWA	B	0.06%	0.14%	0.06%
	BYD	A	0.04%	0.26%	0.04%
	CACI	C	0.1%	0.45%	0.1%
	CAG	F	0.11%	0.33%	0.11%
	CAH	B	0.24%	0.37%	0.24%
	CASY	B	0.12%	0.41%	0.12%
	CBOE	D	0.17%	0.36%	0.17%
	CBRE	B	0.34%	0.42%	0.34%
	CC	C	0.02%	0.0%	0.0%
	CDW	F	0.22%	0.29%	0.22%
	CE	F	0.08%	0.24%	0.08%
	CF	B	0.12%	0.39%	0.12%
	CFG	B	0.17%	0.11%	0.11%
	CHD	A	0.21%	0.32%	0.21%
	CHE	D	0.07%	0.32%	0.07%
	CHTR	B	0.3%	0.4%	0.3%
	CIEN	B	0.08%	0.5%	0.08%
	CLF	F	0.05%	0.34%	0.05%
	CLH	B	0.11%	0.42%	0.11%
	CLX	A	0.17%	0.34%	0.17%
	CMA	A	0.07%	0.07%	0.07%
	CMI	A	0.39%	0.45%	0.39%
	CMS	D	0.16%	0.37%	0.16%
	CNA	C	0.01%	0.0%	0.0%
	CNC	F	0.26%	0.26%	0.26%
	CNM	D	0.07%	0.39%	0.07%
	CNXC	F	0.02%	0.06%	0.02%
	COKE	C	0.06%	0.33%	0.06%
	COR	B	0.33%	0.39%	0.33%
	CPB	F	0.07%	0.33%	0.07%
	CPT	C	0.1%	0.19%	0.1%
	CR	B	0.07%	0.05%	0.05%
	CRI	D	0.01%	0.04%	0.01%
	CROX	F	0.05%	0.22%	0.05%
	CRUS	F	0.05%	0.28%	0.05%
	CSL	B	0.17%	0.42%	0.17%
	CTRA	B	0.15%	0.32%	0.15%
	CTVA	C	0.33%	0.32%	0.32%
	CUBE	D	0.09%	0.34%	0.09%
	CUZ	B	0.04%	0.15%	0.04%
	CWEN	D	0.02%	0.23%	0.02%
	CWEN	D	0.01%	0.23%	0.01%
	CXT	F	0.02%	0.1%	0.02%
	DECK	B	0.22%	0.35%	0.22%
	DFS	B	0.35%	0.15%	0.15%
	DGX	B	0.14%	0.38%	0.14%
	DHI	D	0.41%	0.33%	0.33%
	DINO	D	0.05%	0.34%	0.05%
	DKS	D	0.09%	0.35%	0.09%
	DLB	D	0.04%	0.22%	0.04%
	DOX	C	0.09%	0.32%	0.09%
	DRI	B	0.16%	0.26%	0.16%
	DTE	D	0.2%	0.37%	0.2%
	DTM	A	0.08%	0.48%	0.08%
	DVA	C	0.06%	0.36%	0.06%
	DVN	F	0.2%	0.27%	0.2%
	ED	D	0.28%	0.36%	0.28%
	EG	D	0.13%	0.31%	0.13%
	EGP	D	0.07%	0.24%	0.07%
	EHC	B	0.08%	0.41%	0.08%
	EIX	C	0.26%	0.35%	0.26%
	ELAN	C	0.06%	0.14%	0.06%
	EME	B	0.19%	0.38%	0.19%
	EMN	D	0.1%	0.4%	0.1%
	EPR	D	0.03%	0.33%	0.03%
	EQR	C	0.23%	0.28%	0.23%
	ESI	B	0.05%	0.4%	0.05%
	ESS	C	0.16%	0.3%	0.16%
	ETR	B	0.26%	0.45%	0.26%
	EVRG	A	0.11%	0.38%	0.11%
	EXC	C	0.31%	0.28%	0.28%
	EXEL	B	0.08%	0.44%	0.08%
	EXP	B	0.08%	0.21%	0.08%
	EXPD	C	0.14%	0.22%	0.14%
	FANG	C	0.28%	0.38%	0.28%
	FAST	B	0.39%	0.42%	0.39%
	FBIN	F	0.08%	0.36%	0.08%
	FCNCA	B	0.21%	0.45%	0.21%
	FE	D	0.19%	0.35%	0.19%
	FITB	A	0.26%	0.18%	0.18%
	FLO	F	0.03%	0.27%	0.03%
	FMC	F	0.06%	0.23%	0.06%
	FNB	B	0.05%	0.07%	0.05%
	FNF	C	0.12%	0.17%	0.12%
	FR	D	0.06%	0.24%	0.06%
	FRPT	B	0.06%	0.28%	0.06%
	FRT	B	0.08%	0.18%	0.08%
	FTRE	D	0.02%	0.03%	0.02%
	FYBR	D	0.07%	0.37%	0.07%
	GEHC	D	0.31%	0.07%	0.07%
	GEN	B	0.13%	0.32%	0.13%
	GGG	B	0.12%	0.35%	0.12%
	GIS	F	0.3%	0.33%	0.3%
	GLPI	D	0.11%	0.35%	0.11%
	GLW	B	0.3%	0.18%	0.18%
	GNTX	C	0.06%	0.3%	0.06%
	GO	C	0.01%	0.05%	0.01%
	GRMN	A	0.27%	0.43%	0.27%
	GWW	B	0.42%	0.44%	0.42%
	HAL	C	0.21%	0.26%	0.21%
	HBAN	A	0.2%	0.4%	0.2%
	HIG	C	0.28%	0.38%	0.28%
	HIW	D	0.03%	0.31%	0.03%
	HOG	D	0.03%	0.02%	0.02%
	HOLX	D	0.15%	0.33%	0.15%
	HPE	B	0.23%	0.34%	0.23%
	HPQ	B	0.29%	0.31%	0.29%
	HRB	D	0.07%	0.35%	0.07%
	HRL	F	0.07%	0.26%	0.07%
	HSIC	F	0.07%	0.31%	0.07%
	HST	D	0.1%	0.33%	0.1%
	HSY	F	0.21%	0.2%	0.2%
	HUBB	C	0.2%	0.46%	0.2%
	HUN	F	0.03%	0.24%	0.03%
	HXL	F	0.04%	0.05%	0.04%
	IDA	A	0.05%	0.23%	0.05%
	IEX	B	0.14%	0.05%	0.05%
	IFF	F	0.19%	0.28%	0.19%
	INCY	B	0.11%	0.28%	0.11%
	INGR	B	0.08%	0.41%	0.08%
	IP	B	0.16%	0.47%	0.16%
	IPG	F	0.09%	0.03%	0.03%
	IQV	F	0.32%	0.3%	0.3%
	IRDM	B	0.03%	0.24%	0.03%
	IRM	D	0.28%	0.39%	0.28%
	IT	B	0.33%	0.37%	0.33%
	ITT	A	0.1%	0.17%	0.1%
	JAZZ	B	0.06%	0.24%	0.06%
	JBL	C	0.12%	0.34%	0.12%
	JEF	B	0.1%	0.48%	0.1%
	JLL	C	0.1%	0.38%	0.1%
	JNPR	D	0.1%	0.38%	0.1%
	K	A	0.17%	0.38%	0.17%
	KEY	B	0.14%	0.1%	0.1%
	KEYS	C	0.23%	0.17%	0.17%
	KIM	A	0.13%	0.35%	0.13%
	KMI	B	0.42%	0.46%	0.42%
	KR	A	0.32%	0.43%	0.32%
	KRC	C	0.04%	0.29%	0.04%
	KSS	D	0.02%	0.01%	0.01%
	KVUE	A	0.37%	0.31%	0.31%
	L	A	0.12%	0.25%	0.12%
	LAMR	D	0.09%	0.4%	0.09%
	LBRDK	C	0.09%	0.1%	0.09%
	LDOS	C	0.22%	0.47%	0.22%
	LECO	C	0.1%	0.31%	0.1%
	LEN	D	0.01%	0.35%	0.01%
	LEN	D	0.33%	0.35%	0.33%
	LH	B	0.17%	0.31%	0.17%
	LITE	B	0.05%	0.33%	0.05%
	LNG	B	0.38%	0.41%	0.38%
	LNT	C	0.12%	0.36%	0.12%
	LPX	A	0.06%	0.26%	0.06%
	LSTR	B	0.06%	0.31%	0.06%
	LYB	F	0.18%	0.33%	0.18%
	M	C	0.03%	0.15%	0.03%
	MAA	C	0.15%	0.24%	0.15%
	MANH	C	0.14%	0.37%	0.14%
	MAS	D	0.14%	0.32%	0.14%
	MCHP	F	0.31%	0.23%	0.23%
	MEDP	D	0.07%	0.3%	0.07%
	MGM	D	0.07%	0.22%	0.07%
	MKC	D	0.16%	0.29%	0.16%
	MOH	F	0.15%	0.31%	0.15%
	MOS	D	0.07%	0.3%	0.07%
	MPWR	F	0.29%	0.37%	0.29%
	MRO	B	0.13%	0.4%	0.13%
	MSM	C	0.03%	0.34%	0.03%
	MTB	A	0.28%	0.31%	0.28%
	MTG	C	0.05%	0.37%	0.05%
	NBIX	C	0.1%	0.25%	0.1%
	NDSN	B	0.12%	0.06%	0.06%
	NEU	C	0.03%	0.31%	0.03%
	NFG	D	0.04%	0.37%	0.04%
	NI	A	0.13%	0.39%	0.13%
	NNN	F	0.06%	0.21%	0.06%
	NRG	C	0.16%	0.45%	0.16%
	NSA	D	0.02%	0.09%	0.02%
	NTAP	D	0.21%	0.35%	0.21%
	NUE	D	0.31%	0.35%	0.31%
	NVR	D	0.22%	0.36%	0.22%
	NVST	C	0.03%	0.05%	0.03%
	NVT	C	0.1%	0.19%	0.1%
	NXST	C	0.04%	0.39%	0.04%
	OC	A	0.13%	0.38%	0.13%
	OGE	B	0.07%	0.4%	0.07%
	OHI	C	0.08%	0.37%	0.08%
	OKE	A	0.51%	0.42%	0.42%
	OLN	F	0.04%	0.29%	0.04%
	OMC	A	0.16%	0.28%	0.16%
	OMF	A	0.05%	0.44%	0.05%
	ON	F	0.24%	0.26%	0.24%
	ORI	A	0.07%	0.39%	0.07%
	OVV	C	0.09%	0.25%	0.09%
	PAG	B	0.02%	0.34%	0.02%
	PAYC	B	0.09%	0.04%	0.04%
	PAYX	B	0.39%	0.27%	0.27%
	PB	B	0.06%	0.07%	0.06%
	PCG	A	0.36%	0.37%	0.36%
	PEG	C	0.35%	0.39%	0.35%
	PFG	C	0.16%	0.05%	0.05%
	PFGC	B	0.11%	0.41%	0.11%
	PHM	D	0.22%	0.37%	0.22%
	PINC	B	0.02%	0.14%	0.02%
	PK	C	0.02%	0.34%	0.02%
	PKG	B	0.17%	0.42%	0.17%
	PNW	A	0.08%	0.38%	0.08%
	POOL	D	0.11%	0.13%	0.11%
	POST	D	0.04%	0.35%	0.04%
	PPC	C	0.02%	0.43%	0.02%
	PPL	A	0.2%	0.38%	0.2%
	PR	C	0.08%	0.38%	0.08%
	PRI	B	0.08%	0.21%	0.08%
	PWR	B	0.39%	0.43%	0.39%
	QRVO	F	0.05%	0.13%	0.05%
	R	B	0.06%	0.26%	0.06%
	RBC	B	0.07%	0.31%	0.07%
	REG	A	0.11%	0.36%	0.11%
	REXR	F	0.08%	0.19%	0.08%
	REYN	D	0.01%	0.17%	0.01%
	RF	A	0.19%	0.17%	0.17%
	RGA	A	0.12%	0.4%	0.12%
	RGLD	C	0.08%	0.3%	0.08%
	RHI	B	0.06%	0.07%	0.06%
	RMD	C	0.3%	0.37%	0.3%
	ROKU	C	0.08%	0.36%	0.08%
	ROST	D	0.38%	0.3%	0.3%
	RPM	A	0.14%	0.4%	0.14%
	RPRX	F	0.08%	0.22%	0.08%
	RRC	B	0.06%	0.28%	0.06%
	RS	C	0.15%	0.39%	0.15%
	RVTY	C	0.12%	0.27%	0.12%
	RYN	F	0.04%	0.15%	0.04%
	SAIC	D	0.06%	0.33%	0.06%
	SAM	B	0.02%	0.26%	0.02%
	SCI	B	0.1%	0.15%	0.1%
	SJM	F	0.1%	0.3%	0.1%
	SLGN	B	0.04%	0.1%	0.04%
	SLM	A	0.04%	0.17%	0.04%
	SMG	D	0.02%	0.25%	0.02%
	SNA	A	0.15%	0.43%	0.15%
	SNX	C	0.08%	0.3%	0.08%
	SON	F	0.04%	0.14%	0.04%
	SPB	A	0.02%	0.35%	0.02%
	SPG	A	0.47%	0.39%	0.39%
	SSNC	C	0.13%	0.35%	0.13%
	STAG	D	0.05%	0.3%	0.05%
	STE	D	0.17%	0.32%	0.17%
	STLD	C	0.18%	0.46%	0.18%
	STWD	C	0.05%	0.22%	0.05%
	SWKS	F	0.12%	0.26%	0.12%
	SYF	B	0.2%	0.53%	0.2%
	SYY	D	0.31%	0.28%	0.28%
	TAP	B	0.08%	0.38%	0.08%
	TECH	D	0.1%	0.06%	0.06%
	TER	F	0.14%	0.28%	0.14%
	TFX	F	0.08%	0.09%	0.08%
	THC	B	0.13%	0.39%	0.13%
	THO	B	0.05%	0.14%	0.05%
	TKR	F	0.04%	0.36%	0.04%
	TNL	A	0.03%	0.07%	0.03%
	TOL	B	0.13%	0.41%	0.13%
	TPL	B	0.21%	0.42%	0.21%
	TPR	A	0.1%	0.36%	0.1%
	TRGP	B	0.34%	0.47%	0.34%
	TSCO	D	0.25%	0.35%	0.25%
	TSN	B	0.14%	0.33%	0.14%
	TXRH	A	0.11%	0.42%	0.11%
	TXT	D	0.13%	0.14%	0.13%
	TYL	B	0.21%	0.38%	0.21%
	UGI	D	0.04%	0.37%	0.04%
	UHS	D	0.1%	0.33%	0.1%
	UI	B	0.01%	0.18%	0.01%
	UNM	A	0.09%	0.48%	0.09%
	USFD	B	0.12%	0.43%	0.12%
	UTHR	B	0.15%	0.43%	0.15%
	VEEV	B	0.28%	0.26%	0.26%
	VICI	D	0.27%	0.33%	0.27%
	VIRT	B	0.02%	0.04%	0.02%
	VST	B	0.4%	0.64%	0.4%
	VTRS	B	0.12%	0.35%	0.12%
	VVV	B	0.05%	0.35%	0.05%
	WEC	B	0.25%	0.38%	0.25%
	WEN	C	0.03%	0.14%	0.03%
	WLK	F	0.04%	0.34%	0.04%
	WMB	B	0.56%	0.47%	0.47%
	WPC	F	0.1%	0.22%	0.1%
	WSM	F	0.13%	0.31%	0.13%
	WST	B	0.19%	0.27%	0.19%
	WTM	A	0.04%	0.13%	0.04%
	WU	F	0.02%	0.04%	0.02%
	WY	F	0.19%	0.31%	0.19%
	X	D	0.07%	0.38%	0.07%
	XEL	A	0.3%	0.39%	0.3%
	XRAY	F	0.03%	0.12%	0.03%
	ZION	B	0.07%	0.1%	0.07%

IWR Overweight 464 Positions Relative to JPME

	Symbol	Grade	Weight
	PLTR	B	0.95%
	HLT	A	0.49%
	DLR	C	0.48%
	URI	B	0.47%
	BK	B	0.46%
	TTD	B	0.45%
	FICO	B	0.45%
	RCL	A	0.43%
	COIN	B	0.43%
	ALL	B	0.42%
	O	D	0.41%
	LHX	B	0.4%
	FIS	B	0.4%
	MSCI	B	0.37%
	CCI	F	0.37%
	HWM	B	0.37%
	ODFL	B	0.36%
	VRT	B	0.36%
	AXON	B	0.35%
	PRU	B	0.35%
	IR	A	0.34%
	SQ	B	0.34%
	FERG	B	0.34%
	EA	A	0.34%
	MSTR	B	0.34%
	OTIS	D	0.33%
	VRSK	A	0.33%
	DAL	A	0.32%
	HES	B	0.32%
	CTSH	A	0.32%
	MLM	B	0.31%
	YUM	B	0.31%
	VMC	B	0.31%
	DDOG	B	0.3%
	DD	D	0.29%
	IDXX	F	0.29%
	HUM	D	0.28%
	ALNY	D	0.28%
	EXR	D	0.28%
	WAB	B	0.28%
	EFX	F	0.27%
	HUBS	B	0.26%
	WTW	A	0.26%
	NDAQ	B	0.26%
	DOW	F	0.26%
	TTWO	A	0.25%
	ARES	B	0.25%
	ROK	B	0.25%
	EBAY	C	0.25%
	CSGP	F	0.25%
	PPG	F	0.24%
	RJF	A	0.24%
	XYL	F	0.24%
	CPNG	B	0.23%
	DXCM	C	0.23%
	GPN	B	0.23%
	STT	B	0.23%
	UAL	A	0.23%
	AWK	D	0.22%
	RBLX	B	0.22%
	SW	B	0.22%
	NET	B	0.22%
	DOV	A	0.22%
	MTD	F	0.22%
	TROW	A	0.21%
	VLTO	D	0.21%
	VTR	C	0.21%
	BR	A	0.21%
	CVNA	B	0.21%
	FTV	C	0.21%
	EQT	B	0.2%
	CPAY	A	0.2%
	GDDY	B	0.2%
	PTC	B	0.19%
	EXPE	B	0.19%
	LPLA	A	0.19%
	CCL	B	0.19%
	SBAC	D	0.19%
	ILMN	C	0.19%
	ZBH	C	0.18%
	WBD	B	0.18%
	TDY	B	0.18%
	WAT	B	0.18%
	WDC	D	0.18%
	CINF	A	0.18%
	ZBRA	B	0.17%
	MDB	C	0.17%
	INVH	D	0.17%
	FSLR	F	0.17%
	TRU	D	0.17%
	NTRS	A	0.17%
	EXE	A	0.17%
	MKL	A	0.17%
	ZM	B	0.17%
	ES	D	0.17%
	CNP	B	0.16%
	LYV	A	0.16%
	ARE	F	0.16%
	LII	B	0.16%
	COO	D	0.16%
	HOOD	B	0.16%
	ZS	B	0.15%
	IBKR	A	0.15%
	FDS	A	0.15%
	DKNG	B	0.15%
	J	D	0.15%
	WSO	B	0.15%
	ULTA	C	0.15%
	BALL	D	0.15%
	PODD	B	0.15%
	LUV	B	0.15%
	TOST	A	0.14%
	BURL	C	0.14%
	FWONK	A	0.14%
	DG	F	0.14%
	GPC	D	0.14%
	NTNX	B	0.14%
	PNR	A	0.14%
	XPO	B	0.14%
	PINS	F	0.14%
	BAX	F	0.14%
	TRMB	B	0.14%
	WRB	B	0.14%
	LVS	C	0.14%
	SUI	F	0.13%
	VRSN	C	0.13%
	DT	C	0.13%
	TWLO	B	0.13%
	JBHT	C	0.13%
	ENTG	F	0.13%
	GWRE	A	0.13%
	DOC	C	0.13%
	DPZ	C	0.13%
	DOCU	B	0.13%
	PSTG	D	0.13%
	FIX	B	0.13%
	HEI	A	0.13%
	ALGN	D	0.13%
	EQH	B	0.12%
	SAIA	B	0.12%
	COHR	C	0.12%
	UDR	C	0.12%
	AMCR	D	0.12%
	CW	C	0.12%
	ACM	B	0.12%
	NTRA	B	0.12%
	TW	B	0.12%
	APTV	F	0.12%
	AVTR	F	0.12%
	BXP	D	0.11%
	JKHY	C	0.11%
	ELS	B	0.11%
	SOFI	B	0.11%
	RNR	D	0.11%
	SWK	F	0.11%
	ROL	C	0.11%
	EWBC	B	0.11%
	FFIV	B	0.11%
	ALB	C	0.1%
	KMX	B	0.1%
	BJ	B	0.1%
	DUOL	A	0.1%
	SMCI	F	0.1%
	DAY	B	0.1%
	OKTA	C	0.1%
	FTI	B	0.1%
	DLTR	F	0.1%
	TTEK	F	0.1%
	ALLE	D	0.1%
	CHRW	A	0.1%
	BMRN	F	0.1%
	EPAM	B	0.1%
	FND	F	0.09%
	CTLT	D	0.09%
	AFRM	B	0.09%
	WWD	B	0.09%
	FHN	A	0.09%
	AIZ	A	0.09%
	CCK	D	0.09%
	SRPT	F	0.09%
	CRL	C	0.09%
	EVR	B	0.09%
	GNRC	B	0.09%
	CAVA	C	0.09%
	NWSA	B	0.09%
	AA	C	0.09%
	BWXT	B	0.09%
	CG	B	0.09%
	HEI	A	0.09%
	SF	A	0.09%
	OWL	B	0.09%
	RRX	B	0.09%
	LW	B	0.09%
	BLD	F	0.09%
	NCLH	B	0.09%
	Z	B	0.09%
	MORN	B	0.08%
	DCI	A	0.08%
	GME	C	0.08%
	LNW	F	0.08%
	PCTY	B	0.08%
	EXAS	F	0.08%
	CNH	D	0.08%
	KNX	C	0.08%
	ITCI	B	0.08%
	AAON	B	0.08%
	TKO	D	0.08%
	WMS	F	0.08%
	KBR	D	0.08%
	MUSA	B	0.08%
	AES	F	0.08%
	WAL	B	0.08%
	GL	B	0.08%
	GLOB	B	0.08%
	HLI	B	0.08%
	WBS	A	0.08%
	NLY	C	0.08%
	WTRG	C	0.08%
	WING	D	0.08%
	SOLV	C	0.08%
	KNSL	C	0.08%
	LKQ	C	0.08%
	LAD	B	0.08%
	MKTX	C	0.08%
	CHDN	B	0.08%
	ARMK	B	0.08%
	FOXA	A	0.08%
	SSD	F	0.07%
	HII	F	0.07%
	G	B	0.07%
	VNO	C	0.07%
	SNV	B	0.07%
	CHRD	D	0.07%
	CFR	B	0.07%
	SKX	F	0.07%
	VOYA	B	0.07%
	CART	C	0.07%
	PLNT	A	0.07%
	CBSH	A	0.07%
	WTFC	B	0.07%
	OLED	F	0.07%
	APG	C	0.07%
	WYNN	C	0.07%
	ONTO	F	0.07%
	PEN	C	0.07%
	GPK	D	0.07%
	RIVN	F	0.07%
	AXTA	A	0.07%
	CZR	F	0.07%
	ENPH	F	0.07%
	TTC	F	0.07%
	RL	B	0.07%
	HAS	D	0.07%
	WCC	B	0.07%
	MTZ	B	0.07%
	AAL	B	0.07%
	NYT	C	0.07%
	GMED	B	0.07%
	TPX	B	0.07%
	PNFP	B	0.07%
	AZEK	B	0.06%
	H	B	0.06%
	VMI	B	0.06%
	MASI	B	0.06%
	SN	C	0.06%
	GXO	B	0.06%
	ESTC	C	0.06%
	BIO	C	0.06%
	AGNC	C	0.06%
	DOCS	B	0.06%
	GTLB	B	0.06%
	FCN	F	0.06%
	RLI	A	0.06%
	ATI	F	0.06%
	VKTX	F	0.06%
	WSC	F	0.06%
	VFC	C	0.06%
	OSK	B	0.06%
	RYAN	B	0.06%
	WH	A	0.06%
	CGNX	C	0.06%
	KEX	A	0.06%
	LSCC	D	0.06%
	PCOR	B	0.06%
	ESAB	B	0.06%
	MIDD	D	0.06%
	SMAR	A	0.06%
	ADC	A	0.06%
	WEX	D	0.06%
	S	B	0.06%
	MTSI	B	0.06%
	MHK	D	0.06%
	BERY	D	0.06%
	MKSI	C	0.06%
	RGEN	C	0.06%
	MTCH	F	0.06%
	TREX	C	0.06%
	FLS	B	0.06%
	BILL	B	0.06%
	SEIC	A	0.06%
	JHG	A	0.05%
	BC	D	0.05%
	THG	A	0.05%
	AGCO	F	0.05%
	INSP	F	0.05%
	PVH	C	0.05%
	AMG	B	0.05%
	WHR	B	0.05%
	PATH	C	0.05%
	BEN	C	0.05%
	OLLI	C	0.05%
	U	F	0.05%
	IONS	F	0.05%
	VNT	C	0.05%
	ETSY	D	0.05%
	FOUR	B	0.05%
	LFUS	D	0.05%
	WFRD	F	0.05%
	KD	A	0.05%
	SIRI	C	0.05%
	COLB	A	0.05%
	LAZ	C	0.05%
	ARW	F	0.05%
	MSA	D	0.05%
	DAR	B	0.05%
	ALK	A	0.05%
	LYFT	B	0.05%
	NOV	C	0.05%
	ELF	C	0.05%
	FAF	C	0.05%
	WBA	D	0.05%
	COLD	F	0.05%
	DBX	B	0.05%
	IVZ	B	0.05%
	CFLT	B	0.05%
	PARA	B	0.05%
	MAT	C	0.05%
	AZPN	A	0.05%
	MTDR	B	0.05%
	AWI	B	0.05%
	BFAM	F	0.05%
	MTN	C	0.05%
	SITE	D	0.05%
	UHAL	D	0.05%
	BBWI	C	0.05%
	HR	C	0.05%
	BSY	F	0.05%
	GFS	C	0.04%
	GAP	B	0.04%
	EEFT	C	0.04%
	RARE	F	0.04%
	SEE	C	0.04%
	FIVE	F	0.04%
	HCP	A	0.04%
	OZK	B	0.04%
	AL	B	0.04%
	ST	F	0.04%
	RH	C	0.04%
	LOPE	B	0.04%
	ROIV	D	0.04%
	CELH	F	0.04%
	PSN	C	0.04%
	BROS	B	0.04%
	CCCS	B	0.04%
	APPF	B	0.04%
	LNC	B	0.04%
	CIVI	D	0.04%
	LEA	F	0.04%
	FOX	A	0.04%
	RITM	C	0.04%
	VNOM	C	0.04%
	TPG	B	0.04%
	AMKR	F	0.03%
	AMED	F	0.03%
	PENN	B	0.03%
	BHF	B	0.03%
	RNG	C	0.03%
	APLS	F	0.03%
	ECG	D	0.03%
	YETI	D	0.03%
	LBTYA	F	0.03%
	LBTYK	F	0.03%
	VAC	B	0.03%
	ZG	B	0.03%
	NCNO	B	0.03%
	FHB	B	0.03%
	PII	F	0.03%
	PRGO	C	0.03%
	SPR	F	0.03%
	MDU	D	0.03%
	W	F	0.03%
	NWS	B	0.03%
	DNB	B	0.03%
	ZI	C	0.03%
	NWL	B	0.03%
	PEGA	B	0.03%
	DXC	B	0.03%
	IAC	F	0.03%
	CHH	B	0.03%
	KMPR	A	0.03%
	LINE	F	0.03%
	AMTM	D	0.03%
	OGN	F	0.03%
	MSGS	B	0.03%
	GTES	B	0.03%
	CLVT	F	0.02%
	VSTS	D	0.02%
	ALAB	C	0.02%
	RKT	F	0.02%
	LCID	F	0.02%
	RCM	B	0.02%
	AAP	C	0.02%
	HAYW	B	0.02%
	ADT	C	0.02%
	JWN	B	0.02%
	IPGP	C	0.02%
	CPRI	F	0.02%
	QDEL	F	0.02%
	AZTA	F	0.02%
	SHC	D	0.02%
	ENOV	C	0.02%
	AGR	C	0.02%
	MP	C	0.02%
	BOKF	B	0.02%
	HHH	B	0.02%
	ALGM	F	0.02%
	FIVN	C	0.02%
	COTY	D	0.02%
	CACC	D	0.02%
	DV	C	0.02%
	COLM	B	0.02%
	LLYVK	B	0.02%
	TDC	F	0.02%
	MPW	F	0.02%
	MAN	F	0.02%
	UWMC	F	0.01%
	SEB	F	0.01%
	TFSL	A	0.01%
	LOAR	C	0.01%
	AS	B	0.01%
	DDS	B	0.01%
	LLYVA	B	0.01%
	WOLF	F	0.01%
	PYCR	B	0.01%
	CERT	F	0.01%
	SNDR	B	0.01%
	CAR	C	0.01%
	LEG	F	0.01%
	INFA	F	0.01%
	TXG	F	0.01%
	TRIP	D	0.01%
	LBRDA	C	0.01%
	UA	B	0.01%
	FWONA	B	0.01%
	QS	F	0.01%
	UAA	B	0.01%
	BIRK	F	0.01%
	DJT	C	0.01%
	PARAA	B	0.0%
	SEG	F	0.0%
	GRAL	B	0.0%
	UHAL	D	0.0%
	NFE	F	0.0%
	PLTK	B	0.0%

IWR Underweight 2 Positions Relative to JPME

	Symbol	Grade	Weight
	QGEN	D	-0.26%
	ADTN	B	-0.03%

IWR: Top Represented Industries & Keywords

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

Keywords: S&P 500 Computing Natural Gas Insurance Nasdaq 100 Real Estate Investment Trust Electronics Banking Aerospace Bank Chemical Electricity Telecommunications Mining Medicine Insurance Products Semiconductor Biotechnology Beverage Cloud Computing

JPME: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Banks - Regional - US Oil & Gas E&P Biotechnology Diagnostics & Research Diversified Industrials Specialty Chemicals Medical Instruments & Supplies REIT - Retail Software - Application Communication Equipment Information Technology Services Medical Care Oil & Gas Midstream Packaging & Containers REIT - Diversified REIT - Industrial REIT - Residential Semiconductors

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Electricity Insurance Electronics Nasdaq 100 Bank Computing Aerospace Chemical Banking Insurance Products Disability Mining Plastic Semiconductor Biotechnology Food Products Real Estate Market