JHML vs. QARP ETF Comparison

Comparison of John Hancock Multifactor Large Cap ETF (JHML) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

$69.37

Average Daily Volume

23,744

Number of Holdings ^*

750

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.28

Average Daily Volume

12,931

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	JHML	QARP
30 Days	3.97%	3.25%
60 Days	10.78%	9.83%
90 Days	5.67%	5.84%
12 Months	34.26%	29.11%

314 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in QARP	Overlap
	A	B	0.15%	0.1%	0.1%
	AAPL	C	3.92%	5.0%	3.92%
	ABBV	C	0.46%	0.02%	0.02%
	ABNB	D	0.03%	0.23%	0.03%
	ABT	C	0.3%	0.22%	0.22%
	ACGL	A	0.18%	0.28%	0.18%
	ACI	F	0.02%	0.05%	0.02%
	ACM	A	0.05%	0.04%	0.04%
	ACN	B	0.35%	1.19%	0.35%
	ADBE	F	0.28%	0.91%	0.28%
	ADI	B	0.22%	0.09%	0.09%
	ADM	F	0.09%	0.31%	0.09%
	ADP	A	0.2%	0.2%	0.2%
	ADSK	B	0.11%	0.06%	0.06%
	ALB	D	0.04%	0.02%	0.02%
	ALGN	D	0.03%	0.06%	0.03%
	ALSN	A	0.01%	0.03%	0.01%
	AMAT	C	0.37%	0.89%	0.37%
	AMCR	C	0.07%	0.04%	0.04%
	AMD	C	0.38%	0.09%	0.09%
	AMGN	D	0.32%	0.03%	0.03%
	AMZN	C	2.47%	3.71%	2.47%
	ANET	A	0.17%	0.13%	0.13%
	AON	A	0.15%	0.32%	0.15%
	AOS	C	0.05%	0.08%	0.05%
	APA	F	0.02%	0.02%	0.02%
	APTV	D	0.07%	0.07%	0.07%
	AR	C	0.01%	0.02%	0.01%
	ARMK	C	0.04%	0.04%	0.04%
	ATO	A	0.07%	0.07%	0.07%
	AYI	A	0.01%	0.07%	0.01%
	AZO	D	0.12%	0.36%	0.12%
	BBY	C	0.15%	0.26%	0.15%
	BIIB	F	0.1%	0.02%	0.02%
	BJ	B	0.04%	0.1%	0.04%
	BKNG	B	0.22%	0.71%	0.22%
	BKR	B	0.1%	0.08%	0.08%
	BLD	D	0.04%	0.05%	0.04%
	BLDR	C	0.14%	0.18%	0.14%
	BMY	A	0.19%	0.55%	0.19%
	BRK.A	B	1.05%	5.21%	1.05%
	BURL	C	0.07%	0.04%	0.04%
	BWA	C	0.04%	0.07%	0.04%
	BX	C	0.13%	0.05%	0.05%
	CAH	B	0.12%	0.37%	0.12%
	CASY	D	0.04%	0.12%	0.04%
	CAT	A	0.4%	0.69%	0.4%
	CBOE	B	0.05%	0.08%	0.05%
	CBRE	C	0.21%	0.09%	0.09%
	CCL	C	0.06%	0.04%	0.04%
	CDNS	D	0.17%	0.02%	0.02%
	CDW	D	0.13%	0.02%	0.02%
	CE	D	0.07%	0.04%	0.04%
	CF	A	0.09%	0.13%	0.09%
	CHE	D	0.03%	0.04%	0.03%
	CHK	C	0.04%	0.06%	0.04%
	CHRW	C	0.07%	0.06%	0.06%
	CHTR	D	0.06%	0.11%	0.06%
	CI	D	0.21%	0.6%	0.21%
	CINF	A	0.09%	0.08%	0.08%
	CL	D	0.16%	0.24%	0.16%
	CLX	C	0.09%	0.06%	0.06%
	CMCSA	B	0.36%	0.83%	0.36%
	CMG	C	0.19%	0.11%	0.11%
	CMI	A	0.21%	0.24%	0.21%
	CNC	F	0.14%	0.3%	0.14%
	CNM	F	0.02%	0.04%	0.02%
	CNP	B	0.09%	0.04%	0.04%
	COF	A	0.19%	0.14%	0.14%
	COIN	F	0.05%	0.04%	0.04%
	COKE	C	0.01%	0.04%	0.01%
	COP	D	0.25%	0.72%	0.25%
	COST	C	0.49%	2.33%	0.49%
	CPB	D	0.05%	0.02%	0.02%
	CPNG	C	0.01%	0.1%	0.01%
	CPRT	B	0.1%	0.06%	0.06%
	CROX	C	0.01%	0.04%	0.01%
	CSCO	A	0.38%	1.85%	0.38%
	CSL	A	0.12%	0.05%	0.05%
	CSX	D	0.18%	0.06%	0.06%
	CTAS	C	0.18%	0.08%	0.08%
	CTRA	D	0.07%	0.1%	0.07%
	CTSH	B	0.15%	0.29%	0.15%
	CTVA	A	0.13%	0.02%	0.02%
	CVS	D	0.16%	0.2%	0.16%
	CVX	B	0.38%	1.39%	0.38%
	DAL	C	0.04%	0.18%	0.04%
	DBX	C	0.02%	0.04%	0.02%
	DCI	B	0.02%	0.04%	0.02%
	DD	C	0.14%	0.03%	0.03%
	DE	C	0.23%	0.26%	0.23%
	DECK	B	0.12%	0.12%	0.12%
	DGX	D	0.12%	0.03%	0.03%
	DHI	C	0.19%	0.36%	0.19%
	DINO	F	0.02%	0.02%	0.02%
	DKS	D	0.07%	0.1%	0.07%
	DLTR	F	0.08%	0.08%	0.08%
	DOW	B	0.17%	0.08%	0.08%
	DOX	B	0.06%	0.07%	0.06%
	DPZ	D	0.05%	0.03%	0.03%
	DRI	C	0.11%	0.13%	0.11%
	DVN	F	0.06%	0.16%	0.06%
	EA	D	0.13%	0.19%	0.13%
	EBAY	A	0.17%	0.09%	0.09%
	EG	A	0.07%	0.06%	0.06%
	EL	D	0.03%	0.04%	0.03%
	ELV	F	0.25%	0.62%	0.25%
	EME	B	0.06%	0.13%	0.06%
	EOG	B	0.2%	0.46%	0.2%
	EPAM	F	0.04%	0.04%	0.04%
	EVR	C	0.01%	0.1%	0.01%
	EW	F	0.08%	0.06%	0.06%
	EXP	C	0.02%	0.05%	0.02%
	EXPD	D	0.1%	0.15%	0.1%
	EXPE	B	0.08%	0.14%	0.08%
	FANG	D	0.15%	0.18%	0.15%
	FAST	C	0.16%	0.19%	0.16%
	FCN	C	0.0%	0.03%	0.0%
	FCNCA	D	0.09%	0.13%	0.09%
	FCX	B	0.18%	0.05%	0.05%
	FDS	C	0.07%	0.1%	0.07%
	FDX	F	0.16%	0.31%	0.16%
	FFIV	B	0.06%	0.06%	0.06%
	FICO	C	0.18%	0.06%	0.06%
	FIX	A	0.02%	0.04%	0.02%
	FND	C	0.05%	0.05%	0.05%
	FOXA	B	0.05%	0.03%	0.03%
	FTNT	A	0.12%	0.18%	0.12%
	GAP	F	0.01%	0.03%	0.01%
	GEHC	C	0.13%	0.15%	0.13%
	GEV	A	0.09%	0.15%	0.09%
	GGG	C	0.05%	0.07%	0.05%
	GILD	A	0.23%	0.31%	0.23%
	GIS	C	0.14%	0.1%	0.1%
	GLPI	C	0.03%	0.03%	0.03%
	GM	D	0.13%	0.21%	0.13%
	GNTX	D	0.03%	0.04%	0.03%
	GOOG	B	0.48%	2.03%	0.48%
	GOOGL	B	1.82%	2.25%	1.82%
	GPC	D	0.11%	0.08%	0.08%
	GRMN	D	0.1%	0.13%	0.1%
	GWW	B	0.14%	0.25%	0.14%
	HAL	D	0.08%	0.06%	0.06%
	HCA	C	0.11%	0.32%	0.11%
	HD	A	0.53%	2.01%	0.53%
	HII	F	0.05%	0.03%	0.03%
	HLI	A	0.02%	0.03%	0.02%
	HOLX	D	0.1%	0.05%	0.05%
	HPQ	B	0.13%	0.08%	0.08%
	HRB	C	0.01%	0.09%	0.01%
	HST	D	0.04%	0.03%	0.03%
	HSY	D	0.07%	0.09%	0.07%
	HUM	F	0.12%	0.35%	0.12%
	INCY	B	0.04%	0.06%	0.04%
	INGR	B	0.01%	0.04%	0.01%
	INTC	D	0.18%	0.08%	0.08%
	IP	C	0.1%	0.04%	0.04%
	ISRG	C	0.21%	0.16%	0.16%
	ITT	C	0.03%	0.05%	0.03%
	ITW	C	0.19%	0.31%	0.19%
	J	F	0.05%	0.04%	0.04%
	JBHT	D	0.09%	0.05%	0.05%
	JBL	C	0.08%	0.06%	0.06%
	JKHY	A	0.06%	0.05%	0.05%
	JNJ	D	0.63%	2.53%	0.63%
	JNPR	C	0.06%	0.04%	0.04%
	K	B	0.1%	0.06%	0.06%
	KEYS	B	0.13%	0.12%	0.12%
	KLAC	B	0.25%	0.22%	0.22%
	KMB	D	0.11%	0.17%	0.11%
	KNSL	B	0.02%	0.04%	0.02%
	KNX	D	0.03%	0.03%	0.03%
	KR	C	0.25%	0.29%	0.25%
	KVUE	C	0.07%	0.21%	0.07%
	LAMR	C	0.03%	0.03%	0.03%
	LECO	D	0.05%	0.04%	0.04%
	LEN	C	0.01%	0.44%	0.01%
	LEN	C	0.13%	0.44%	0.13%
	LKQ	F	0.05%	0.03%	0.03%
	LLY	D	1.02%	0.04%	0.04%
	LMT	A	0.23%	0.79%	0.23%
	LNG	A	0.13%	0.06%	0.06%
	LOW	C	0.23%	0.79%	0.23%
	LPLA	D	0.08%	0.14%	0.08%
	LRCX	D	0.23%	0.52%	0.23%
	LULU	D	0.09%	0.15%	0.09%
	LUV	B	0.02%	0.1%	0.02%
	LVS	B	0.04%	0.05%	0.04%
	LYB	B	0.13%	0.11%	0.11%
	LYV	A	0.05%	0.07%	0.05%
	MA	A	0.62%	1.53%	0.62%
	MAR	A	0.13%	0.11%	0.11%
	MAS	C	0.08%	0.08%	0.08%
	MCD	A	0.31%	0.41%	0.31%
	MCHP	F	0.2%	0.05%	0.05%
	MCK	F	0.14%	0.93%	0.14%
	MCO	D	0.18%	0.33%	0.18%
	MEDP	F	0.02%	0.03%	0.02%
	META	A	1.82%	5.23%	1.82%
	MHK	C	0.01%	0.03%	0.01%
	MKTX	B	0.04%	0.05%	0.04%
	MMC	D	0.19%	0.57%	0.19%
	MMM	C	0.15%	0.13%	0.13%
	MNST	D	0.09%	0.14%	0.09%
	MO	D	0.14%	0.6%	0.14%
	MOH	F	0.09%	0.07%	0.07%
	MOS	F	0.05%	0.05%	0.05%
	MPC	D	0.16%	0.27%	0.16%
	MRK	F	0.43%	0.38%	0.38%
	MRNA	F	0.04%	0.08%	0.04%
	MRO	B	0.08%	0.1%	0.08%
	MSCI	B	0.11%	0.22%	0.11%
	MSFT	D	3.8%	2.13%	2.13%
	MTD	C	0.14%	0.11%	0.11%
	MTZ	A	0.01%	0.02%	0.01%
	MU	D	0.23%	0.4%	0.23%
	MUSA	D	0.02%	0.05%	0.02%
	NKE	D	0.18%	0.38%	0.18%
	NTAP	D	0.15%	0.07%	0.07%
	NUE	D	0.18%	0.39%	0.18%
	NVDA	B	2.86%	0.15%	0.15%
	NVR	C	0.2%	0.24%	0.2%
	NYT	C	0.01%	0.04%	0.01%
	OC	C	0.1%	0.12%	0.1%
	ODFL	F	0.1%	0.17%	0.1%
	ON	F	0.12%	0.05%	0.05%
	ORCL	A	0.41%	0.04%	0.04%
	ORLY	A	0.15%	0.37%	0.15%
	OTIS	A	0.13%	0.05%	0.05%
	OVV	D	0.04%	0.02%	0.02%
	OXY	D	0.09%	0.06%	0.06%
	PAYC	D	0.03%	0.03%	0.03%
	PAYX	B	0.13%	0.19%	0.13%
	PCAR	D	0.19%	0.21%	0.19%
	PFE	D	0.29%	0.55%	0.29%
	PFGC	A	0.04%	0.08%	0.04%
	PG	D	0.62%	1.43%	0.62%
	PGR	B	0.2%	0.06%	0.06%
	PHM	C	0.17%	0.23%	0.17%
	PKG	B	0.1%	0.05%	0.05%
	PM	D	0.21%	0.53%	0.21%
	POOL	D	0.06%	0.06%	0.06%
	PSA	C	0.08%	0.34%	0.08%
	PSX	D	0.12%	0.12%	0.12%
	PWR	A	0.16%	0.05%	0.05%
	PYPL	A	0.12%	0.32%	0.12%
	QCOM	D	0.36%	0.28%	0.28%
	REGN	D	0.19%	0.36%	0.19%
	RL	B	0.03%	0.05%	0.03%
	RNR	A	0.04%	0.06%	0.04%
	ROK	D	0.14%	0.09%	0.09%
	ROL	C	0.05%	0.03%	0.03%
	ROST	D	0.15%	0.28%	0.15%
	RPRX	D	0.03%	0.03%	0.03%
	RS	D	0.09%	0.16%	0.09%
	SAIA	D	0.02%	0.04%	0.02%
	SBUX	B	0.16%	0.52%	0.16%
	SEIC	B	0.04%	0.06%	0.04%
	SJM	D	0.05%	0.03%	0.03%
	SKX	B	0.03%	0.07%	0.03%
	SLB	D	0.08%	0.14%	0.08%
	SNA	C	0.07%	0.1%	0.07%
	SOLV	C	0.02%	0.11%	0.02%
	SPG	A	0.11%	0.19%	0.11%
	SPGI	C	0.25%	0.07%	0.07%
	SSD	B	0.01%	0.03%	0.01%
	STLD	C	0.14%	0.22%	0.14%
	SWKS	F	0.08%	0.1%	0.08%
	SYF	A	0.13%	0.11%	0.11%
	SYY	D	0.13%	0.35%	0.13%
	T	B	0.26%	0.69%	0.26%
	TAP	D	0.04%	0.03%	0.03%
	TER	C	0.1%	0.04%	0.04%
	TGT	C	0.2%	0.42%	0.2%
	TJX	D	0.25%	0.83%	0.25%
	TOL	C	0.04%	0.07%	0.04%
	TPR	B	0.06%	0.1%	0.06%
	TROW	D	0.1%	0.23%	0.1%
	TSCO	A	0.18%	0.17%	0.17%
	TSLA	C	0.59%	0.63%	0.59%
	TSN	D	0.07%	0.04%	0.04%
	TT	A	0.22%	0.07%	0.07%
	TTEK	A	0.04%	0.03%	0.03%
	TXN	C	0.34%	0.39%	0.34%
	TXRH	A	0.04%	0.05%	0.04%
	TXT	F	0.1%	0.06%	0.06%
	UAL	A	0.03%	0.07%	0.03%
	UHS	D	0.09%	0.06%	0.06%
	ULTA	D	0.11%	0.17%	0.11%
	UNH	B	0.75%	2.31%	0.75%
	UNP	F	0.28%	0.13%	0.13%
	UPS	D	0.14%	0.42%	0.14%
	URI	C	0.37%	0.22%	0.22%
	USFD	C	0.06%	0.04%	0.04%
	UTHR	C	0.06%	0.1%	0.06%
	V	B	0.65%	1.67%	0.65%
	VICI	C	0.08%	0.08%	0.08%
	VLO	F	0.24%	0.18%	0.18%
	VRSN	C	0.07%	0.06%	0.06%
	VRTX	D	0.21%	0.21%	0.21%
	VST	A	0.19%	0.17%	0.17%
	VZ	C	0.38%	0.73%	0.38%
	WAT	B	0.1%	0.03%	0.03%
	WBD	F	0.06%	0.04%	0.04%
	WMT	A	0.63%	2.81%	0.63%
	WSM	C	0.12%	0.18%	0.12%
	WSO	C	0.06%	0.08%	0.06%
	WST	D	0.08%	0.08%	0.08%
	WTW	C	0.14%	0.03%	0.03%
	WY	C	0.09%	0.09%	0.09%
	WYNN	B	0.03%	0.04%	0.03%
	X	F	0.01%	0.03%	0.01%
	XOM	A	0.72%	3.07%	0.72%
	YUM	C	0.12%	0.06%	0.06%

JHML Overweight 436 Positions Relative to QARP

	Symbol	Grade	Weight
	AVGO	B	1.04%
	JPM	C	0.98%
	BAC	B	0.41%
	IBM	A	0.4%
	KO	C	0.4%
	WFC	B	0.39%
	TMO	D	0.37%
	PEP	F	0.36%
	CRM	B	0.33%
	NFLX	A	0.32%
	LIN	C	0.31%
	AXP	A	0.3%
	RTX	A	0.3%
	GS	B	0.3%
	MS	A	0.28%
	AMP	A	0.27%
	DHR	D	0.26%
	INTU	F	0.26%
	GE	B	0.25%
	ETN	B	0.24%
	WM	B	0.24%
	HIG	A	0.24%
	APH	D	0.24%
	DIS	D	0.23%
	HON	C	0.23%
	SHW	C	0.23%
	PH	A	0.22%
	C	B	0.22%
	FI	A	0.21%
	TMUS	A	0.21%
	BSX	A	0.21%
	RCL	B	0.21%
	PRU	B	0.21%
	CARR	A	0.21%
	BK	A	0.21%
	TRV	B	0.2%
	DUK	C	0.2%
	PEG	A	0.2%
	DFS	A	0.2%
	MDLZ	D	0.19%
	TEL	D	0.19%
	SNPS	F	0.19%
	CB	A	0.19%
	AIG	C	0.19%
	SO	A	0.19%
	CEG	A	0.18%
	IT	A	0.18%
	SYK	C	0.18%
	ED	C	0.18%
	MRVL	C	0.18%
	ALL	A	0.18%
	NEE	C	0.18%
	EXC	C	0.18%
	NOW	B	0.18%
	JCI	C	0.18%
	AJG	C	0.18%
	ZTS	C	0.17%
	MSI	A	0.17%
	AFL	A	0.17%
	EIX	C	0.17%
	TDG	A	0.17%
	ICE	A	0.17%
	NSC	C	0.17%
	AEP	C	0.17%
	EMR	B	0.16%
	FITB	C	0.16%
	VRSK	D	0.16%
	HWM	A	0.16%
	BLK	A	0.16%
	AME	C	0.16%
	MDT	C	0.16%
	TFC	D	0.16%
	ETR	A	0.16%
	PNC	C	0.16%
	IQV	F	0.16%
	GLW	C	0.16%
	PLD	D	0.16%
	EFX	D	0.15%
	PCG	C	0.15%
	XEL	C	0.15%
	SCHW	D	0.15%
	NXPI	F	0.15%
	KMI	A	0.15%
	PANW	B	0.15%
	USB	C	0.15%
	GD	C	0.15%
	ECL	C	0.14%
	KKR	A	0.14%
	UBER	C	0.14%
	RMD	C	0.14%
	MPWR	B	0.14%
	IR	A	0.14%
	LHX	A	0.14%
	PPG	D	0.14%
	BDX	C	0.14%
	NOC	B	0.14%
	APD	C	0.14%
	DOV	C	0.14%
	RF	B	0.13%
	PPL	C	0.13%
	HLT	A	0.13%
	APO	A	0.13%
	MLM	F	0.13%
	ROP	D	0.13%
	STZ	D	0.13%
	RSG	D	0.13%
	NEM	C	0.13%
	AMT	D	0.13%
	WELL	C	0.13%
	WEC	B	0.12%
	EQIX	C	0.12%
	FIS	A	0.12%
	CME	A	0.12%
	MET	A	0.12%
	DTE	B	0.12%
	PFG	A	0.12%
	OMC	C	0.12%
	WAB	A	0.12%
	WMB	A	0.12%
	IDXX	D	0.12%
	MTB	A	0.12%
	VMC	D	0.12%
	STT	A	0.12%
	TRGP	A	0.11%
	SRE	C	0.11%
	RJF	B	0.11%
	CPAY	A	0.11%
	ANSS	D	0.11%
	BA	F	0.11%
	HES	D	0.11%
	AEE	A	0.11%
	NDAQ	C	0.11%
	XYL	C	0.11%
	TTD	A	0.11%
	OKE	A	0.11%
	DLR	C	0.11%
	IRM	B	0.1%
	STX	C	0.1%
	LDOS	A	0.1%
	O	C	0.1%
	BAH	C	0.1%
	L	C	0.1%
	PLTR	A	0.1%
	VRT	B	0.1%
	BRO	A	0.1%
	HUBB	A	0.1%
	BALL	C	0.1%
	CHD	D	0.1%
	BR	B	0.1%
	HPE	B	0.1%
	FE	C	0.1%
	WDC	C	0.1%
	FTV	C	0.1%
	ES	D	0.1%
	ZBH	F	0.09%
	WRB	C	0.09%
	NTRS	B	0.09%
	MKL	B	0.09%
	IFF	D	0.09%
	F	D	0.09%
	CSGP	F	0.09%
	AVB	C	0.09%
	CMS	A	0.09%
	GPN	F	0.09%
	STE	D	0.09%
	FSLR	C	0.09%
	MKC	C	0.09%
	AWK	D	0.09%
	TYL	D	0.09%
	HBAN	B	0.09%
	EXR	D	0.09%
	CRWD	D	0.09%
	D	A	0.09%
	NI	A	0.08%
	GDDY	B	0.08%
	ALLE	A	0.08%
	AVY	D	0.08%
	EQH	B	0.08%
	EVRG	C	0.08%
	SWK	C	0.08%
	ARES	A	0.08%
	ALLY	F	0.08%
	ZBRA	B	0.08%
	KEY	B	0.08%
	WDAY	D	0.08%
	FLEX	B	0.08%
	LII	C	0.08%
	TTWO	D	0.08%
	CCI	D	0.08%
	FNF	C	0.08%
	CFG	C	0.08%
	APP	A	0.07%
	RGA	B	0.07%
	JLL	C	0.07%
	BG	F	0.07%
	LNT	B	0.07%
	AES	C	0.07%
	PNR	C	0.07%
	HUBS	D	0.07%
	SBAC	C	0.07%
	DELL	C	0.07%
	SSNC	C	0.07%
	SCI	D	0.07%
	DDOG	B	0.07%
	RPM	A	0.07%
	DASH	A	0.07%
	DXCM	F	0.07%
	VTR	C	0.07%
	ALNY	C	0.07%
	PTC	B	0.07%
	TDY	A	0.07%
	IPG	D	0.07%
	EMN	C	0.07%
	EQR	C	0.07%
	KHC	F	0.07%
	AKAM	D	0.07%
	TRU	C	0.07%
	KDP	C	0.06%
	VLTO	A	0.06%
	INVH	D	0.06%
	CCK	C	0.06%
	PNW	C	0.06%
	MANH	A	0.06%
	TRMB	B	0.06%
	AVTR	D	0.06%
	DG	F	0.06%
	BAX	D	0.06%
	KMX	F	0.06%
	SPOT	C	0.06%
	CAG	D	0.06%
	NRG	A	0.06%
	ENTG	D	0.06%
	SQ	D	0.06%
	IEX	D	0.06%
	VEEV	C	0.06%
	SUI	D	0.05%
	DVA	C	0.05%
	AFG	A	0.05%
	NET	D	0.05%
	HAS	A	0.05%
	VTRS	D	0.05%
	TPL	A	0.05%
	QRVO	F	0.05%
	NDSN	C	0.05%
	GL	C	0.05%
	MAA	D	0.05%
	AXON	A	0.05%
	ERIE	A	0.05%
	ARE	D	0.05%
	HSIC	D	0.05%
	LBRDK	C	0.05%
	EWBC	B	0.05%
	ESS	D	0.05%
	BXP	B	0.04%
	WEX	C	0.04%
	SNOW	F	0.04%
	FMC	C	0.04%
	DKNG	C	0.04%
	ILMN	B	0.04%
	CPT	C	0.04%
	KIM	C	0.04%
	TECH	D	0.04%
	DOC	C	0.04%
	HOOD	B	0.04%
	CLH	B	0.04%
	TTC	F	0.04%
	ORI	A	0.04%
	LAD	C	0.04%
	PINS	D	0.04%
	CTLT	A	0.04%
	PODD	C	0.04%
	WMS	D	0.04%
	NWSA	D	0.04%
	LW	D	0.04%
	MDB	D	0.04%
	ALV	F	0.04%
	DT	B	0.04%
	AIZ	B	0.04%
	SMCI	F	0.04%
	ENPH	F	0.04%
	UNM	A	0.04%
	UDR	C	0.04%
	CRL	F	0.04%
	ZM	B	0.04%
	ATR	A	0.04%
	TFX	C	0.04%
	THC	D	0.04%
	EQT	C	0.04%
	HEI	C	0.04%
	BMRN	F	0.04%
	SF	A	0.03%
	WBS	D	0.03%
	KBR	A	0.03%
	GLOB	D	0.03%
	WSC	D	0.03%
	BIO	B	0.03%
	FRT	D	0.03%
	PRI	A	0.03%
	H	B	0.03%
	EXAS	C	0.03%
	IBKR	A	0.03%
	WLK	C	0.03%
	MTCH	B	0.03%
	FHN	D	0.03%
	BEN	F	0.03%
	BRKR	D	0.03%
	MORN	B	0.03%
	SCCO	B	0.03%
	DAY	C	0.03%
	WCC	D	0.03%
	CACI	A	0.03%
	CW	A	0.03%
	XPO	F	0.03%
	WTRG	D	0.03%
	UHAL	C	0.03%
	OKTA	F	0.03%
	TEAM	D	0.03%
	HEI	C	0.03%
	CUBE	C	0.03%
	GWRE	A	0.03%
	NVT	C	0.03%
	JEF	A	0.03%
	TWLO	B	0.03%
	Z	C	0.03%
	NBIX	F	0.03%
	CHDN	C	0.03%
	PSTG	F	0.03%
	TW	A	0.03%
	AMH	D	0.03%
	GPK	D	0.03%
	HRL	F	0.03%
	ZS	F	0.03%
	CVNA	A	0.03%
	WPC	C	0.03%
	ELS	D	0.03%
	REG	C	0.03%
	RRX	B	0.03%
	TOST	B	0.02%
	PCTY	C	0.02%
	ONTO	B	0.02%
	IOT	C	0.02%
	SNX	C	0.02%
	NTNX	C	0.02%
	PARA	F	0.02%
	ICLR	F	0.02%
	FOX	B	0.02%
	COLD	D	0.02%
	RGEN	F	0.02%
	WBA	F	0.02%
	OHI	C	0.02%
	EGP	D	0.02%
	OLED	B	0.02%
	FTI	B	0.02%
	SRPT	F	0.02%
	EHC	C	0.02%
	WWD	C	0.02%
	SNAP	D	0.02%
	REXR	D	0.02%
	ROKU	C	0.02%
	CRBG	B	0.02%
	COHR	B	0.02%
	LNW	F	0.02%
	SW	C	0.02%
	TPX	C	0.02%
	NNN	C	0.02%
	BSY	D	0.02%
	DOCU	A	0.02%
	CG	B	0.02%
	RKT	D	0.01%
	FLR	B	0.01%
	AUR	C	0.01%
	APPF	C	0.01%
	CBSH	D	0.01%
	ZG	C	0.01%
	GMED	B	0.01%
	BFAM	C	0.01%
	SOFI	C	0.01%
	PR	D	0.01%
	GNRC	B	0.01%
	RGLD	C	0.01%
	AMKR	F	0.01%
	PSN	A	0.01%
	CNA	D	0.01%
	HALO	D	0.01%
	GME	D	0.01%
	ENSG	D	0.01%
	PEN	D	0.01%
	ATI	C	0.01%
	AXTA	C	0.01%
	MLI	B	0.01%
	SFM	A	0.01%
	OGE	C	0.01%
	COTY	F	0.01%
	RIVN	F	0.01%
	GFS	F	0.01%
	CELH	F	0.01%
	GTLB	D	0.01%
	AA	B	0.01%
	ELF	F	0.01%
	SN	A	0.01%
	BERY	C	0.01%
	WAL	C	0.01%
	DUOL	B	0.01%
	TKO	A	0.01%
	PATH	D	0.01%
	AFRM	C	0.01%
	EDR	A	0.01%
	CNH	C	0.01%
	MKSI	F	0.01%
	PAG	D	0.01%
	RBC	C	0.01%
	PCOR	D	0.01%
	FN	B	0.01%
	WMG	D	0.01%
	APG	F	0.01%
	NWS	D	0.01%
	CIEN	A	0.01%
	RRC	D	0.01%
	RBLX	D	0.01%
	BWXT	A	0.01%
	WING	C	0.01%
	PCVX	C	0.01%
	NTRA	A	0.01%
	INFA	D	0.0%
	SMMT	D	0.0%
	BIRK	F	0.0%
	HLNE	A	0.0%
	UHAL	C	0.0%
	PPC	C	0.0%
	ESTC	F	0.0%
	BRX	C	0.0%
	LBRDA	C	0.0%
	CHWY	C	0.0%
	UI	B	0.0%
	INSM	D	0.0%
	CR	A	0.0%

JHML Underweight 31 Positions Relative to QARP

	Symbol	Grade	Weight
	MTG	A	-0.11%
	AMG	B	-0.09%
	CLF	D	-0.06%
	AGCO	D	-0.06%
	RHI	D	-0.06%
	LEA	F	-0.05%
	LSTR	F	-0.05%
	MGM	D	-0.05%
	LPX	C	-0.04%
	ALK	C	-0.04%
	CHRD	F	-0.04%
	EXEL	B	-0.03%
	LOPE	D	-0.03%
	PVH	D	-0.03%
	THO	C	-0.03%
	MSM	D	-0.03%
	OLN	D	-0.03%
	AAL	D	-0.03%
	CRUS	D	-0.03%
	PII	D	-0.03%
	VVV	D	-0.03%
	OSK	F	-0.03%
	BBWI	F	-0.02%
	JHG	A	-0.02%
	NEU	F	-0.02%
	FIVE	D	-0.02%
	PINC	F	-0.02%
	RLI	A	-0.02%
	M	D	-0.02%
	G	A	-0.02%
	IWB	A	-0.0%

JHML: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Software - Infrastructure Utilities - Regulated Electric Diagnostics & Research Asset Management Semiconductors Biotechnology Capital Markets Oil & Gas E&P Specialty Retail Banks - Regional - US 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 Telecommunications Dow Jones Component Medicine Mining Real Estate Investment Trust Semiconductor Bank Banking IBD 50 Biotechnology Insurance Products

QARP: Top Represented Industries & Keywords

Industries: Specialty Retail Oil & Gas E&P Semiconductors Drug Manufacturers - Major Capital Markets Diversified Industrials Restaurants Biotechnology Business Services Engineering & Construction Health Care Plans Auto Parts Building Materials Household & Personal Products Integrated Shipping & Logistics Software - Application Software - Infrastructure Airlines Apparel Stores Asset Management

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Dow Jones Component Electronics Chemical Building Materials Insurance Retailing Semiconductor Mining Construction Transport Clothing Petroleum Industry Telecommunications Aerospace Mobile Devices Plumbing