JHML vs. FMDE ETF Comparison

Comparison of John Hancock Multifactor Large Cap ETF (JHML) to Fidelity Enhanced Mid Cap ETF (FMDE)

JHML

John Hancock Multifactor Large Cap ETF

JHML Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Large 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'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 larger than that of the 801st largest U.S. Company at the time of reconstitution.

Grade (RS Rating)

Last Trade

$73.00

Average Daily Volume

21,303

Number of Holdings ^*

755

* may have additional holdings in another (foreign) market

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$35.23

Average Daily Volume

149,789

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	JHML	FMDE
30 Days	3.76%	8.08%
60 Days	4.93%	9.45%
90 Days	6.94%	11.70%
12 Months	31.31%	39.69%

242 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in FMDE	Overlap
	A	D	0.13%	0.27%	0.13%
	ACGL	D	0.15%	0.09%	0.09%
	ACM	A	0.05%	0.17%	0.05%
	ADM	D	0.08%	0.07%	0.07%
	AES	F	0.04%	0.12%	0.04%
	AFL	B	0.16%	0.02%	0.02%
	AIZ	A	0.04%	0.63%	0.04%
	AJG	B	0.19%	0.02%	0.02%
	AKAM	D	0.06%	0.03%	0.03%
	ALL	A	0.18%	0.57%	0.18%
	ALLE	D	0.07%	0.58%	0.07%
	ALSN	B	0.01%	0.37%	0.01%
	AME	A	0.18%	0.4%	0.18%
	AMH	D	0.03%	0.49%	0.03%
	AMP	A	0.31%	0.6%	0.31%
	AMT	D	0.11%	0.06%	0.06%
	ANSS	B	0.11%	0.13%	0.11%
	APP	B	0.14%	0.3%	0.14%
	ATI	D	0.01%	0.13%	0.01%
	AWK	D	0.08%	0.1%	0.08%
	AXON	A	0.08%	0.67%	0.08%
	AXTA	A	0.01%	0.47%	0.01%
	AYI	B	0.01%	0.31%	0.01%
	BAH	F	0.09%	0.27%	0.09%
	BBY	D	0.13%	0.03%	0.03%
	BERY	B	0.01%	0.46%	0.01%
	BIIB	F	0.08%	0.04%	0.04%
	BK	A	0.22%	0.99%	0.22%
	BLD	D	0.03%	0.32%	0.03%
	BLDR	D	0.12%	0.2%	0.12%
	BMRN	D	0.04%	0.03%	0.03%
	BMY	B	0.21%	0.26%	0.21%
	BRO	B	0.1%	0.25%	0.1%
	BRX	A	0.0%	0.45%	0.0%
	BURL	A	0.06%	0.48%	0.06%
	BWXT	B	0.02%	0.47%	0.02%
	CACI	D	0.03%	0.49%	0.03%
	CAH	B	0.13%	0.74%	0.13%
	CBOE	B	0.05%	0.27%	0.05%
	CBRE	B	0.22%	0.03%	0.03%
	CBSH	A	0.01%	0.11%	0.01%
	CCI	D	0.07%	0.6%	0.07%
	CCK	C	0.05%	0.48%	0.05%
	CCL	B	0.07%	0.65%	0.07%
	CDW	F	0.1%	0.25%	0.1%
	CF	B	0.08%	0.03%	0.03%
	CFG	B	0.09%	0.23%	0.09%
	CHDN	B	0.03%	0.12%	0.03%
	CI	F	0.19%	0.06%	0.06%
	CINF	A	0.1%	0.13%	0.1%
	CL	D	0.13%	0.42%	0.13%
	CLX	B	0.09%	0.65%	0.09%
	CMI	A	0.23%	0.94%	0.23%
	CNC	D	0.11%	0.57%	0.11%
	CNM	D	0.02%	0.03%	0.02%
	CNP	B	0.09%	0.52%	0.09%
	COIN	C	0.07%	0.31%	0.07%
	COR	B	0.16%	0.51%	0.16%
	CPAY	A	0.12%	0.31%	0.12%
	CPNG	D	0.01%	0.39%	0.01%
	CSGP	D	0.09%	0.66%	0.09%
	CSL	C	0.12%	0.05%	0.05%
	CTAS	B	0.19%	0.52%	0.19%
	CTRA	B	0.08%	0.1%	0.08%
	CVNA	B	0.05%	0.75%	0.05%
	CW	B	0.03%	0.59%	0.03%
	DAL	C	0.05%	0.05%	0.05%
	DASH	A	0.08%	0.16%	0.08%
	DBX	B	0.02%	0.56%	0.02%
	DCI	B	0.02%	0.52%	0.02%
	DD	D	0.13%	0.58%	0.13%
	DFS	B	0.25%	0.21%	0.21%
	DGX	A	0.12%	0.04%	0.04%
	DHI	D	0.16%	0.37%	0.16%
	DKNG	B	0.04%	0.56%	0.04%
	DKS	C	0.06%	0.2%	0.06%
	DOC	D	0.03%	0.15%	0.03%
	DOCU	A	0.03%	0.65%	0.03%
	DTE	C	0.11%	0.06%	0.06%
	DUOL	A	0.01%	0.33%	0.01%
	DVN	F	0.06%	0.31%	0.06%
	DXCM	D	0.08%	0.27%	0.08%
	EA	A	0.15%	0.58%	0.15%
	EBAY	D	0.16%	0.32%	0.16%
	ECL	D	0.13%	0.49%	0.13%
	ED	D	0.16%	0.02%	0.02%
	EG	C	0.07%	0.06%	0.06%
	EGP	F	0.02%	0.05%	0.02%
	EIX	B	0.15%	0.61%	0.15%
	EME	C	0.06%	0.31%	0.06%
	EQH	B	0.08%	0.62%	0.08%
	EQR	B	0.07%	0.29%	0.07%
	ES	D	0.09%	0.09%	0.09%
	EVRG	A	0.07%	0.41%	0.07%
	EXC	C	0.16%	0.11%	0.11%
	EXPE	B	0.1%	0.73%	0.1%
	FANG	D	0.15%	0.26%	0.15%
	FFIV	B	0.06%	0.54%	0.06%
	FIS	C	0.12%	0.63%	0.12%
	FIX	A	0.02%	0.38%	0.02%
	FTI	A	0.02%	0.12%	0.02%
	FTV	C	0.09%	0.54%	0.09%
	GAP	C	0.01%	0.49%	0.01%
	GDDY	A	0.09%	0.29%	0.09%
	GEHC	F	0.12%	0.11%	0.11%
	GILD	C	0.24%	0.51%	0.24%
	GIS	D	0.12%	0.33%	0.12%
	GL	B	0.05%	0.54%	0.05%
	GLPI	C	0.03%	0.27%	0.03%
	GPN	B	0.1%	0.2%	0.1%
	GRMN	B	0.12%	0.52%	0.12%
	GWW	B	0.16%	0.42%	0.16%
	HAL	C	0.08%	0.02%	0.02%
	HES	B	0.11%	0.22%	0.11%
	HIG	B	0.23%	0.4%	0.23%
	HII	D	0.04%	0.21%	0.04%
	HLT	A	0.13%	0.45%	0.13%
	HOOD	B	0.05%	0.01%	0.01%
	HPE	B	0.1%	0.61%	0.1%
	HPQ	B	0.13%	0.01%	0.01%
	HRB	D	0.01%	0.22%	0.01%
	HUBB	B	0.1%	0.59%	0.1%
	HUBS	A	0.08%	0.61%	0.08%
	HUM	C	0.1%	0.06%	0.06%
	HWM	A	0.18%	0.89%	0.18%
	IBKR	A	0.04%	0.11%	0.04%
	IDXX	F	0.1%	0.61%	0.1%
	IFF	D	0.07%	0.27%	0.07%
	INCY	C	0.04%	0.6%	0.04%
	INGR	B	0.02%	0.24%	0.02%
	IQV	D	0.14%	0.33%	0.14%
	ITT	A	0.03%	0.12%	0.03%
	K	A	0.09%	0.04%	0.04%
	KEY	B	0.09%	0.65%	0.09%
	KLAC	D	0.2%	0.36%	0.2%
	KMB	D	0.1%	0.22%	0.1%
	KMI	A	0.18%	0.14%	0.14%
	KR	B	0.26%	0.73%	0.26%
	L	A	0.1%	0.06%	0.06%
	LDOS	C	0.1%	0.6%	0.1%
	LEN	D	0.11%	0.29%	0.11%
	LEN	D	0.01%	0.29%	0.01%
	LHX	C	0.14%	0.24%	0.14%
	LNG	B	0.15%	0.59%	0.15%
	LNW	D	0.02%	0.44%	0.02%
	LPLA	A	0.1%	0.09%	0.09%
	LUV	C	0.02%	0.1%	0.02%
	MANH	D	0.06%	0.54%	0.06%
	MCHP	D	0.16%	0.08%	0.08%
	MEDP	D	0.02%	0.45%	0.02%
	MKL	A	0.09%	0.16%	0.09%
	MKTX	D	0.04%	0.19%	0.04%
	MORN	B	0.03%	0.11%	0.03%
	MPWR	F	0.08%	0.51%	0.08%
	MRO	B	0.09%	0.02%	0.02%
	MSCI	C	0.12%	0.84%	0.12%
	MSI	B	0.18%	0.5%	0.18%
	MTB	A	0.15%	0.22%	0.15%
	NBIX	C	0.03%	0.44%	0.03%
	NDAQ	A	0.11%	0.44%	0.11%
	NOC	D	0.13%	0.18%	0.13%
	NRG	B	0.06%	0.65%	0.06%
	NSC	B	0.18%	0.06%	0.06%
	NTAP	C	0.14%	0.64%	0.14%
	NTNX	A	0.02%	0.33%	0.02%
	NTRA	B	0.02%	0.05%	0.02%
	NUE	C	0.17%	0.6%	0.17%
	NVR	D	0.18%	0.65%	0.18%
	NVT	B	0.03%	0.41%	0.03%
	NWS	B	0.01%	0.11%	0.01%
	NWSA	B	0.04%	0.18%	0.04%
	NYT	C	0.01%	0.45%	0.01%
	OC	A	0.11%	0.23%	0.11%
	OGE	B	0.01%	0.04%	0.01%
	OKE	A	0.13%	0.01%	0.01%
	OVV	B	0.04%	0.02%	0.02%
	PCAR	B	0.22%	0.38%	0.22%
	PCG	A	0.15%	0.36%	0.15%
	PCTY	B	0.02%	0.21%	0.02%
	PHM	D	0.15%	0.05%	0.05%
	PLTR	B	0.15%	0.43%	0.15%
	PPG	F	0.12%	0.66%	0.12%
	PRU	A	0.21%	0.85%	0.21%
	PSA	D	0.07%	0.46%	0.07%
	PYPL	B	0.13%	0.54%	0.13%
	QRVO	F	0.03%	0.5%	0.03%
	RBLX	C	0.02%	0.72%	0.02%
	RCL	A	0.26%	0.18%	0.18%
	REG	B	0.03%	0.13%	0.03%
	RGA	A	0.07%	0.28%	0.07%
	RJF	A	0.13%	0.78%	0.13%
	ROP	B	0.13%	0.1%	0.1%
	ROST	C	0.14%	0.71%	0.14%
	RS	B	0.1%	0.3%	0.1%
	SBAC	D	0.06%	0.22%	0.06%
	SEIC	B	0.05%	0.24%	0.05%
	SF	B	0.03%	0.03%	0.03%
	SNX	C	0.02%	0.44%	0.02%
	SOLV	C	0.02%	0.39%	0.02%
	SPG	B	0.11%	0.96%	0.11%
	SQ	B	0.08%	0.97%	0.08%
	SSNC	B	0.07%	0.59%	0.07%
	STLD	B	0.14%	0.47%	0.14%
	STT	A	0.13%	0.72%	0.13%
	SWK	D	0.06%	0.01%	0.01%
	SWKS	F	0.06%	0.45%	0.06%
	SYF	B	0.17%	0.36%	0.17%
	SYY	B	0.12%	0.11%	0.11%
	TOL	B	0.04%	0.62%	0.04%
	TOST	B	0.02%	0.69%	0.02%
	TPL	A	0.07%	0.14%	0.07%
	TPR	B	0.07%	0.51%	0.07%
	TRGP	B	0.14%	0.56%	0.14%
	TT	A	0.23%	0.48%	0.23%
	TW	A	0.03%	0.22%	0.03%
	TWLO	A	0.05%	0.67%	0.05%
	TXRH	C	0.04%	0.03%	0.03%
	TXT	D	0.09%	0.59%	0.09%
	UAL	A	0.04%	0.79%	0.04%
	UHS	D	0.08%	0.32%	0.08%
	ULTA	F	0.1%	0.04%	0.04%
	UNM	A	0.05%	0.52%	0.05%
	USFD	A	0.06%	0.16%	0.06%
	UTHR	C	0.06%	0.35%	0.06%
	VEEV	C	0.07%	0.71%	0.07%
	VICI	C	0.08%	0.63%	0.08%
	VLTO	D	0.05%	0.1%	0.05%
	VMC	B	0.14%	0.42%	0.14%
	VST	B	0.21%	0.94%	0.21%
	WAB	B	0.13%	0.43%	0.13%
	WBD	C	0.06%	0.08%	0.06%
	WCC	B	0.03%	0.33%	0.03%
	WDAY	B	0.09%	0.06%	0.06%
	WMB	A	0.15%	1.12%	0.15%
	WSM	B	0.1%	0.11%	0.1%
	WTW	B	0.15%	0.72%	0.15%
	WWD	B	0.02%	0.16%	0.02%
	XEL	A	0.15%	0.28%	0.15%
	Z	A	0.03%	0.32%	0.03%
	ZBRA	B	0.08%	0.25%	0.08%
	ZG	A	0.01%	0.26%	0.01%
	ZM	B	0.05%	0.67%	0.05%

JHML Overweight 513 Positions Relative to FMDE

	Symbol	Grade	Weight
	AAPL	C	3.79%
	MSFT	F	3.67%
	NVDA	C	3.35%
	AMZN	C	2.69%
	GOOGL	C	1.88%
	META	D	1.79%
	JPM	A	1.09%
	BRK.A	B	1.04%
	AVGO	D	1.0%
	LLY	F	0.89%
	UNH	C	0.73%
	XOM	B	0.72%
	V	A	0.7%
	TSLA	B	0.68%
	MA	C	0.64%
	WMT	A	0.64%
	PG	A	0.58%
	JNJ	D	0.57%
	HD	A	0.52%
	WFC	A	0.49%
	COST	B	0.49%
	GOOG	C	0.49%
	BAC	A	0.47%
	ORCL	B	0.43%
	CVX	A	0.41%
	CSCO	B	0.4%
	CRM	B	0.38%
	CAT	B	0.38%
	ABBV	D	0.38%
	URI	B	0.37%
	MRK	F	0.36%
	IBM	C	0.36%
	CMCSA	B	0.36%
	NFLX	A	0.36%
	GS	A	0.35%
	ACN	C	0.35%
	VZ	C	0.34%
	KO	D	0.34%
	MS	A	0.34%
	TXN	C	0.33%
	QCOM	F	0.33%
	PEP	F	0.33%
	AMAT	F	0.32%
	AMD	F	0.31%
	AXP	A	0.31%
	TMO	F	0.31%
	INTU	C	0.29%
	RTX	C	0.29%
	ABT	B	0.29%
	MCD	D	0.29%
	ADBE	C	0.28%
	AMGN	D	0.28%
	LIN	D	0.28%
	COP	C	0.26%
	UNP	C	0.26%
	APH	A	0.26%
	HON	B	0.25%
	PFE	D	0.25%
	WM	A	0.25%
	ETN	A	0.25%
	DIS	B	0.25%
	T	A	0.25%
	VLO	C	0.24%
	GE	D	0.24%
	C	A	0.24%
	SPGI	C	0.24%
	TJX	A	0.24%
	BKNG	A	0.24%
	COF	B	0.23%
	SHW	A	0.23%
	ISRG	A	0.23%
	TMUS	B	0.23%
	PH	A	0.23%
	FI	A	0.23%
	DHR	F	0.22%
	MRVL	B	0.22%
	PM	B	0.22%
	LOW	D	0.22%
	MU	D	0.21%
	TRV	B	0.21%
	NOW	A	0.21%
	FICO	B	0.21%
	ADP	B	0.21%
	BSX	B	0.21%
	EOG	A	0.21%
	VRTX	F	0.21%
	DE	A	0.21%
	CMG	B	0.2%
	JCI	C	0.2%
	SNPS	B	0.2%
	ADI	D	0.2%
	LRCX	F	0.2%
	PGR	A	0.2%
	LMT	D	0.2%
	ITW	B	0.19%
	ELV	F	0.19%
	CARR	D	0.19%
	TGT	F	0.19%
	AIG	B	0.19%
	PEG	A	0.19%
	EMR	A	0.18%
	ETR	B	0.18%
	SCHW	B	0.18%
	MCO	B	0.18%
	IT	C	0.18%
	PNC	B	0.18%
	CSX	B	0.18%
	INTC	D	0.18%
	SYK	C	0.18%
	SO	D	0.18%
	FAST	B	0.18%
	MMC	B	0.18%
	CB	C	0.18%
	CDNS	B	0.18%
	DUK	C	0.18%
	VRSK	A	0.17%
	PWR	A	0.17%
	GLW	B	0.17%
	ANET	C	0.17%
	FITB	A	0.17%
	FDX	B	0.17%
	TSCO	D	0.17%
	MCK	B	0.17%
	TFC	A	0.17%
	BLK	C	0.17%
	PANW	C	0.17%
	GM	B	0.16%
	CTSH	B	0.16%
	AON	A	0.16%
	MDLZ	F	0.16%
	SBUX	A	0.16%
	ICE	C	0.16%
	APO	B	0.16%
	USB	A	0.16%
	GD	F	0.15%
	PLD	D	0.15%
	DOV	A	0.15%
	CEG	D	0.15%
	TDG	D	0.15%
	MPC	D	0.15%
	KKR	A	0.15%
	MDT	D	0.15%
	AEP	D	0.15%
	NEE	D	0.15%
	ORLY	B	0.15%
	MMM	D	0.14%
	RSG	A	0.14%
	CVS	D	0.14%
	FTNT	C	0.14%
	WELL	A	0.14%
	MLM	B	0.14%
	MAR	B	0.14%
	REGN	F	0.14%
	RF	A	0.14%
	IR	B	0.14%
	APD	A	0.14%
	ZTS	D	0.14%
	ROK	B	0.14%
	BX	A	0.14%
	FCX	D	0.14%
	MO	A	0.14%
	NKE	D	0.14%
	BDX	F	0.13%
	DECK	A	0.13%
	EFX	F	0.13%
	RMD	C	0.13%
	UPS	C	0.13%
	DOW	F	0.13%
	NXPI	D	0.13%
	PAYX	C	0.13%
	CME	A	0.12%
	VRT	B	0.12%
	OTIS	C	0.12%
	PFG	D	0.12%
	AZO	C	0.12%
	KEYS	A	0.12%
	PSX	C	0.12%
	BKR	B	0.12%
	ADSK	A	0.12%
	OMC	C	0.12%
	DLR	B	0.12%
	STZ	D	0.12%
	CTVA	C	0.12%
	TTD	B	0.12%
	PPL	B	0.12%
	UBER	D	0.12%
	HBAN	A	0.11%
	ON	D	0.11%
	FCNCA	A	0.11%
	LULU	C	0.11%
	DRI	B	0.11%
	TROW	B	0.11%
	PKG	A	0.11%
	AEE	A	0.11%
	LYB	F	0.11%
	ODFL	B	0.11%
	CRWD	B	0.11%
	IP	B	0.11%
	CPRT	A	0.11%
	SRE	A	0.11%
	YUM	B	0.11%
	LH	C	0.11%
	WEC	A	0.11%
	GEV	B	0.11%
	MET	A	0.11%
	EQIX	A	0.11%
	MTD	D	0.11%
	XYL	D	0.1%
	TTWO	A	0.1%
	NEM	D	0.1%
	NTRS	A	0.1%
	CHD	B	0.1%
	WAT	B	0.1%
	BR	A	0.1%
	SNA	A	0.09%
	AVB	B	0.09%
	BALL	D	0.09%
	WRB	A	0.09%
	F	C	0.09%
	IRM	D	0.09%
	EXPD	D	0.09%
	HOLX	D	0.09%
	OXY	D	0.09%
	JBHT	C	0.09%
	D	C	0.09%
	WDC	D	0.09%
	FLEX	A	0.09%
	MNST	C	0.09%
	FE	C	0.09%
	BA	F	0.09%
	GPC	D	0.09%
	TYL	B	0.09%
	HCA	F	0.09%
	MAS	D	0.08%
	NI	A	0.08%
	TDY	B	0.08%
	EW	C	0.08%
	SLB	C	0.08%
	DDOG	A	0.08%
	MKC	D	0.08%
	GEN	B	0.08%
	ALLY	C	0.08%
	SPOT	B	0.08%
	JBL	B	0.08%
	TER	D	0.08%
	STE	F	0.08%
	MOH	F	0.08%
	ARES	A	0.08%
	FNF	B	0.08%
	EXR	D	0.08%
	O	D	0.08%
	STX	D	0.08%
	CMS	C	0.08%
	LII	A	0.08%
	ZBH	C	0.08%
	WY	D	0.08%
	WST	C	0.08%
	EWBC	A	0.07%
	TRMB	B	0.07%
	AVY	D	0.07%
	IPG	D	0.07%
	DLTR	F	0.07%
	HSY	F	0.07%
	FSLR	F	0.07%
	IEX	B	0.07%
	CHRW	C	0.07%
	VTR	C	0.07%
	TRU	D	0.07%
	TSN	B	0.07%
	PNR	A	0.07%
	SCI	B	0.07%
	KVUE	A	0.07%
	PTC	A	0.07%
	DELL	C	0.07%
	FDS	B	0.07%
	CHTR	C	0.07%
	RPM	A	0.07%
	ATO	A	0.07%
	DOX	D	0.06%
	RVTY	F	0.06%
	PNW	B	0.06%
	BG	F	0.06%
	LBRDK	C	0.06%
	FOXA	B	0.06%
	LYV	A	0.06%
	WSO	A	0.06%
	JNPR	F	0.06%
	AMCR	D	0.06%
	KMX	B	0.06%
	LNT	A	0.06%
	JLL	D	0.06%
	EMN	D	0.06%
	ALNY	D	0.06%
	KHC	F	0.06%
	VRSN	F	0.06%
	TEAM	A	0.05%
	CASY	A	0.05%
	SJM	D	0.05%
	TAP	C	0.05%
	HSIC	B	0.05%
	FBIN	D	0.05%
	APTV	D	0.05%
	ROL	B	0.05%
	AVTR	F	0.05%
	AFG	A	0.05%
	KDP	D	0.05%
	EQT	B	0.05%
	NDSN	B	0.05%
	LECO	B	0.05%
	BAX	D	0.05%
	MAA	B	0.05%
	POOL	C	0.05%
	CAG	D	0.05%
	VTRS	A	0.05%
	JKHY	D	0.05%
	INVH	D	0.05%
	GGG	B	0.05%
	DG	F	0.05%
	DPZ	C	0.05%
	ESS	B	0.05%
	NET	B	0.05%
	ENTG	D	0.05%
	HST	C	0.04%
	CTLT	B	0.04%
	DAY	B	0.04%
	JEF	A	0.04%
	CE	F	0.04%
	CLH	B	0.04%
	KIM	A	0.04%
	ORI	A	0.04%
	ERIE	D	0.04%
	ILMN	D	0.04%
	RNR	C	0.04%
	UDR	B	0.04%
	XPO	B	0.04%
	CRL	C	0.04%
	AOS	F	0.04%
	DT	C	0.04%
	SNOW	C	0.04%
	ALV	C	0.04%
	LVS	C	0.04%
	ZS	C	0.04%
	FND	C	0.04%
	ALB	C	0.04%
	BJ	A	0.04%
	SUI	D	0.04%
	MDB	C	0.04%
	THC	D	0.04%
	HAS	D	0.04%
	PODD	C	0.04%
	PFGC	B	0.04%
	LAD	A	0.04%
	LKQ	D	0.04%
	J	F	0.04%
	MOS	F	0.04%
	DVA	B	0.04%
	CPB	D	0.04%
	ARMK	B	0.04%
	EPAM	C	0.04%
	ATR	B	0.04%
	HEI	B	0.04%
	ARE	D	0.04%
	LW	C	0.04%
	SCCO	F	0.03%
	H	B	0.03%
	BIO	D	0.03%
	CUBE	D	0.03%
	BEN	C	0.03%
	ABNB	C	0.03%
	CG	A	0.03%
	WPC	D	0.03%
	WTRG	B	0.03%
	PRI	A	0.03%
	GLOB	B	0.03%
	FMC	D	0.03%
	WYNN	D	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	RL	B	0.03%
	SAIA	B	0.03%
	WMS	D	0.03%
	GPK	C	0.03%
	OKTA	C	0.03%
	HRL	D	0.03%
	LAMR	D	0.03%
	GNTX	C	0.03%
	TTEK	F	0.03%
	TFX	F	0.03%
	HEI	B	0.03%
	TECH	D	0.03%
	KNX	B	0.03%
	PSTG	D	0.03%
	PINS	D	0.03%
	GWRE	A	0.03%
	ELS	C	0.03%
	BXP	D	0.03%
	WBS	A	0.03%
	TTC	D	0.03%
	CPT	B	0.03%
	BWA	D	0.03%
	PAYC	B	0.03%
	FHN	A	0.03%
	RRX	B	0.03%
	OLED	D	0.02%
	CIEN	B	0.02%
	SMCI	F	0.02%
	EXP	A	0.02%
	APA	D	0.02%
	IOT	A	0.02%
	SRPT	D	0.02%
	REXR	F	0.02%
	RGEN	D	0.02%
	WBA	F	0.02%
	MUSA	A	0.02%
	OHI	C	0.02%
	PARA	C	0.02%
	HLI	B	0.02%
	DINO	D	0.02%
	NNN	D	0.02%
	EXAS	D	0.02%
	FOX	A	0.02%
	SNAP	C	0.02%
	EL	F	0.02%
	ROKU	D	0.02%
	ENPH	F	0.02%
	BRKR	D	0.02%
	EHC	B	0.02%
	BSY	D	0.02%
	SKX	D	0.02%
	MTCH	D	0.02%
	WLK	D	0.02%
	KNSL	B	0.02%
	ACI	C	0.02%
	WSC	D	0.02%
	CRBG	B	0.02%
	TPX	B	0.02%
	MRNA	F	0.02%
	SW	A	0.02%
	KBR	F	0.02%
	CHE	D	0.02%
	RPRX	D	0.02%
	COHR	B	0.02%
	UHAL	D	0.02%
	FRT	B	0.02%
	APPF	B	0.01%
	MHK	D	0.01%
	CR	A	0.01%
	PSN	D	0.01%
	RGLD	C	0.01%
	HALO	F	0.01%
	CNA	B	0.01%
	COTY	F	0.01%
	ENSG	D	0.01%
	CELH	F	0.01%
	PR	B	0.01%
	GMED	A	0.01%
	FLR	B	0.01%
	UI	A	0.01%
	RIVN	F	0.01%
	GNRC	B	0.01%
	GME	C	0.01%
	MTZ	B	0.01%
	CROX	D	0.01%
	SIRI	C	0.01%
	SSD	D	0.01%
	GFS	C	0.01%
	SN	D	0.01%
	AA	B	0.01%
	PEN	B	0.01%
	EVR	B	0.01%
	MLI	C	0.01%
	TKO	B	0.01%
	ELF	C	0.01%
	GTLB	B	0.01%
	SFM	A	0.01%
	SOFI	A	0.01%
	PATH	C	0.01%
	WAL	B	0.01%
	CNH	C	0.01%
	EDR	A	0.01%
	MKSI	C	0.01%
	PAG	B	0.01%
	WING	D	0.01%
	PCVX	D	0.01%
	RBC	A	0.01%
	FN	D	0.01%
	ONTO	D	0.01%
	WMG	C	0.01%
	ICLR	D	0.01%
	APG	B	0.01%
	X	C	0.01%
	PCOR	B	0.01%
	COKE	C	0.01%
	AFRM	B	0.01%
	COLD	D	0.01%
	RRC	B	0.01%
	AR	B	0.01%
	INFA	D	0.0%
	SMMT	D	0.0%
	BIRK	D	0.0%
	HLNE	B	0.0%
	UHAL	D	0.0%
	ROIV	C	0.0%
	RKT	F	0.0%
	FCN	D	0.0%
	PPC	C	0.0%
	BFAM	D	0.0%
	ESTC	C	0.0%
	CHWY	B	0.0%
	AUR	C	0.0%
	INSM	C	0.0%
	LBRDA	C	0.0%
	AMKR	D	0.0%

JHML Underweight 51 Positions Relative to FMDE

	Symbol	Grade	Weight
	LYFT	C	-0.57%
	EXEL	B	-0.52%
	TDC	D	-0.48%
	PEGA	A	-0.45%
	ANF	C	-0.45%
	CRUS	D	-0.44%
	AM	A	-0.39%
	EEFT	B	-0.38%
	IGT	F	-0.38%
	VMI	B	-0.37%
	HXL	D	-0.35%
	LPX	B	-0.35%
	ZION	B	-0.34%
	RNG	B	-0.34%
	SEE	C	-0.34%
	WU	D	-0.33%
	MGM	D	-0.28%
	MTDR	B	-0.28%
	ELAN	D	-0.27%
	PLTK	B	-0.25%
	BILL	A	-0.25%
	GTES	A	-0.23%
	FLS	B	-0.21%
	ADTN	A	-0.2%
	SAM	C	-0.15%
	KD	B	-0.15%
	GXO	B	-0.14%
	CTRE	D	-0.1%
	AXS	A	-0.09%
	LEG	F	-0.08%
	XRAY	F	-0.08%
	VSTS	C	-0.07%
	JHG	A	-0.07%
	CWEN	C	-0.07%
	MSA	D	-0.07%
	FR	C	-0.06%
	VIRT	B	-0.06%
	TNL	A	-0.06%
	WEN	D	-0.05%
	TXG	F	-0.05%
	BBWI	D	-0.04%
	CWEN	C	-0.04%
	U	C	-0.04%
	EPR	D	-0.03%
	REYN	D	-0.03%
	JAZZ	B	-0.02%
	QGEN	D	-0.02%
	POST	C	-0.02%
	LSCC	D	-0.01%
	STAG	F	-0.01%
	ARW	D	-0.01%

JHML: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Software - Infrastructure Utilities - Regulated Electric Asset Management Biotechnology Semiconductors Capital Markets Specialty Retail Banks - Regional - US Oil & Gas E&P Aerospace & Defense Engineering & Construction Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Medical Devices

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

FMDE: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Capital Markets Diagnostics & Research Aerospace & Defense Oil & Gas E&P Software - Infrastructure Biotechnology Semiconductors Specialty Retail Asset Management Banks - Regional - US Building Materials Insurance - Property & Casualty Oil & Gas Midstream Residential Construction Apparel Stores Communication Equipment

Keywords: S&P 500 Nasdaq 100 Insurance Computing Natural Gas Aerospace Electricity Disability Electronics Cloud Computing Real Estate Investment Trust IBD 50 Insurance Products Telecommunications Life Insurance Mining Technology Solutions Building Materials Mobile Devices Bank