JHAC vs. CBLS ETF Comparison

Comparison of John Hancock Fundamental All Cap Core ETF (JHAC) to Changebridge Capital Long/Short Equity ETF (CBLS)

JHAC

John Hancock Fundamental All Cap Core ETF

JHAC Description

Under normal market conditions, the fund invests at least 80% of its net assets in equity securities. Market capitalizations of these companies will span the capitalization spectrum. Equity securities include exchange-traded common and preferred securities (and exchange-traded futures providing such exposure). The manager seeks to identify companies that demonstrate key growth drivers, sustainable cash flow production, and high returns on capital, sustainable competitive advantages, and strong management.

Grade (RS Rating)

Last Trade

$15.23

Average Daily Volume

933

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.78

Average Daily Volume

2,122

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JHAC	CBLS
30 Days	5.80%	4.21%
60 Days	6.79%	5.17%
90 Days	7.57%	4.99%
12 Months	38.25%	35.40%

5 Overlapping Holdings

Symbol	Grade	Weight in JHAC	Weight in CBLS	Overlap
AAPL	C	4.24%	2.97%	2.97%
AMZN	C	8.21%	1.96%	1.96%
LNG	B	3.34%	3.43%	3.34%
NVDA	C	6.24%	3.08%	3.08%
ORCL	B	2.04%	2.06%	2.04%

JHAC Overweight 37 Positions Relative to CBLS

Symbol	Grade	Weight
GOOGL	C	5.6%
LEN	D	4.86%
KKR	A	3.98%
MS	A	3.78%
FHB	A	3.28%
CCI	D	3.23%
ADI	D	3.19%
CRM	B	2.87%
URI	B	2.72%
WDAY	B	2.55%
GS	A	2.46%
SPGI	C	2.02%
GPI	A	2.01%
PH	A	2.01%
HOLX	D	1.79%
TXN	C	1.68%
RRX	B	1.62%
ELV	F	1.59%
BUD	F	1.5%
ADSK	A	1.39%
ROP	B	1.32%
PII	D	1.22%
LVS	C	1.2%
AVTR	F	1.12%
AXTA	A	1.06%
MSFT	F	1.03%
NVR	D	0.97%
CARG	C	0.94%
MTN	C	0.84%
WBD	C	0.83%
TMO	F	0.72%
ELAN	D	0.5%
MRNA	F	0.46%
ST	F	0.31%
FPH	C	0.17%
AMT	D	0.01%
ALNY	D	0.01%

JHAC Underweight 63 Positions Relative to CBLS

Symbol	Grade	Weight
GOOG	C	-3.02%
DELL	C	-2.93%
GTLS	B	-2.77%
SKY	A	-2.73%
BWXT	B	-2.7%
COST	B	-2.62%
STRL	B	-2.61%
SCHW	B	-2.56%
CCL	B	-2.54%
EME	C	-2.53%
VST	B	-2.46%
OSW	A	-2.41%
MC	C	-2.37%
IBN	C	-2.36%
WTTR	B	-2.33%
D	C	-2.27%
NARI	C	-2.26%
RDDT	B	-2.26%
SO	D	-2.24%
ECL	D	-2.24%
ROL	B	-2.23%
AER	B	-2.22%
NEE	D	-2.14%
BLBD	D	-2.06%
WMT	A	-2.03%
ETR	B	-1.96%
INTC	D	-1.93%
SCI	B	-1.93%
ERJ	B	-1.85%
TDG	D	-1.79%
RTX	C	-1.72%
GD	F	-1.69%
ON	D	-1.53%
MGNI	A	-1.31%
DOOO	F	--0.44%
KLG	C	--0.48%
PEP	F	--0.48%
KDP	D	--0.48%
HRB	D	--0.5%
GIS	D	--0.5%
INTU	C	--0.51%
POST	C	--0.51%
ENR	B	--0.67%
GIII	D	--0.89%
R	B	--0.91%
TTC	D	--0.92%
PFE	D	--1.0%
CAG	D	--1.01%
NVO	D	--1.01%
SIG	B	--1.04%
GOGO	C	--1.1%
JNJ	D	--1.1%
NVAX	F	--1.13%
ROK	B	--1.13%
MIDD	C	--1.15%
AME	A	--1.18%
F	C	--1.36%
DE	A	--1.48%
SNOW	C	--1.49%
DUOL	A	--1.56%
HSY	F	--1.69%
HELE	C	--1.72%
LLY	F	--1.79%