JHML vs. VCSH ETF Comparison

Comparison of John Hancock Multifactor Large Cap ETF (JHML) to Vanguard Short-Term Corporate Bond ETF (VCSH)

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

$65.43

Average Daily Volume

28,081

Number of Holdings ^*

748

* may have additional holdings in another (foreign) market

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$79.11

Average Daily Volume

2,934,517

Number of Holdings ^*

444

* may have additional holdings in another (foreign) market

Performance

Period	JHML	VCSH
30 Days	4.14%	1.50%
60 Days	-0.52%	2.84%
90 Days	2.08%	3.86%
12 Months	20.80%	8.93%

352 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in VCSH	Overlap
	A	B	0.14%	0.02%	0.02%
	AAPL	C	4.09%	0.03%	0.03%
	ABBV	B	0.48%	0.02%	0.02%
	ABT	A	0.31%	0.02%	0.02%
	ADBE	B	0.33%	0.03%	0.03%
	ADI	C	0.22%	0.02%	0.02%
	ADM	D	0.1%	0.05%	0.05%
	ADP	B	0.2%	0.05%	0.05%
	ADSK	B	0.1%	0.01%	0.01%
	AEE	A	0.11%	0.01%	0.01%
	AEP	A	0.18%	0.01%	0.01%
	AES	D	0.06%	0.02%	0.02%
	AFG	A	0.05%	0.02%	0.02%
	AFL	B	0.22%	0.02%	0.02%
	AGR	B	0.01%	0.03%	0.01%
	AIG	D	0.22%	0.06%	0.06%
	AIZ	B	0.04%	0.02%	0.02%
	ALB	F	0.03%	0.02%	0.02%
	ALL	B	0.2%	0.01%	0.01%
	ALLE	B	0.07%	0.02%	0.02%
	ALLY	C	0.1%	0.01%	0.01%
	AMAT	F	0.34%	0.03%	0.03%
	AMD	F	0.33%	0.01%	0.01%
	AMGN	C	0.34%	0.01%	0.01%
	AMP	B	0.27%	0.01%	0.01%
	AMT	A	0.14%	0.01%	0.01%
	AMZN	D	2.29%	0.04%	0.04%
	AON	A	0.16%	0.01%	0.01%
	APD	B	0.13%	0.01%	0.01%
	APH	D	0.24%	0.02%	0.02%
	APTV	D	0.07%	0.03%	0.03%
	ARE	D	0.05%	0.01%	0.01%
	ATO	A	0.07%	0.03%	0.03%
	AVB	B	0.09%	0.01%	0.01%
	AVGO	D	1.06%	0.01%	0.01%
	AWK	A	0.09%	0.01%	0.01%
	AXP	B	0.29%	0.03%	0.03%
	AZO	B	0.13%	0.01%	0.01%
	BA	F	0.12%	0.01%	0.01%
	BAC	D	0.44%	0.01%	0.01%
	BAX	A	0.06%	0.03%	0.03%
	BDX	D	0.14%	0.02%	0.02%
	BEN	F	0.03%	0.02%	0.02%
	BG	D	0.07%	0.03%	0.03%
	BIIB	D	0.11%	0.08%	0.08%
	BK	B	0.22%	0.01%	0.01%
	BKNG	C	0.2%	0.02%	0.02%
	BLK	B	0.16%	0.05%	0.05%
	BMY	B	0.2%	0.02%	0.02%
	BR	C	0.1%	0.02%	0.02%
	BRO	A	0.1%	0.02%	0.02%
	BSX	A	0.21%	0.01%	0.01%
	BWA	D	0.04%	0.02%	0.02%
	BXP	A	0.03%	0.03%	0.03%
	C	D	0.23%	0.02%	0.02%
	CAG	A	0.07%	0.01%	0.01%
	CAH	A	0.13%	0.02%	0.02%
	CARR	B	0.19%	0.09%	0.09%
	CAT	C	0.36%	0.02%	0.02%
	CB	A	0.2%	0.03%	0.03%
	CCI	A	0.07%	0.02%	0.02%
	CDNS	D	0.16%	0.02%	0.02%
	CE	F	0.07%	0.02%	0.02%
	CF	B	0.08%	0.02%	0.02%
	CFG	B	0.09%	0.01%	0.01%
	CHD	A	0.1%	0.01%	0.01%
	CHTR	C	0.07%	0.07%	0.07%
	CI	B	0.22%	0.01%	0.01%
	CL	A	0.17%	0.01%	0.01%
	CLX	A	0.1%	0.01%	0.01%
	CMCSA	C	0.35%	0.03%	0.03%
	CME	A	0.12%	0.03%	0.03%
	CMI	B	0.2%	0.02%	0.02%
	CMS	A	0.09%	0.01%	0.01%
	CNA	B	0.01%	0.02%	0.01%
	CNP	D	0.09%	0.01%	0.01%
	COF	C	0.22%	0.01%	0.01%
	COKE	B	0.01%	0.02%	0.01%
	COP	D	0.26%	0.01%	0.01%
	COST	B	0.51%	0.06%	0.06%
	CPB	A	0.05%	0.02%	0.02%
	CPT	B	0.04%	0.02%	0.02%
	CRM	D	0.3%	0.05%	0.05%
	CSCO	B	0.36%	0.02%	0.02%
	CSL	C	0.11%	0.01%	0.01%
	CSX	D	0.19%	0.02%	0.02%
	CTVA	B	0.12%	0.02%	0.02%
	CUBE	A	0.03%	0.01%	0.01%
	CVS	F	0.16%	0.02%	0.02%
	CVX	F	0.38%	0.02%	0.02%
	D	A	0.07%	0.01%	0.01%
	DAL	D	0.04%	0.01%	0.01%
	DD	C	0.13%	0.08%	0.08%
	DE	B	0.23%	0.01%	0.01%
	DELL	F	0.06%	0.01%	0.01%
	DFS	C	0.21%	0.01%	0.01%
	DG	F	0.06%	0.01%	0.01%
	DGX	B	0.12%	0.02%	0.02%
	DHI	B	0.19%	0.01%	0.01%
	DHR	B	0.26%	0.02%	0.02%
	DIS	F	0.22%	0.03%	0.03%
	DLR	D	0.12%	0.03%	0.03%
	DLTR	F	0.07%	0.05%	0.05%
	DOC	B	0.03%	0.02%	0.02%
	DOV	C	0.14%	0.02%	0.02%
	DOW	D	0.16%	0.01%	0.01%
	DTE	B	0.12%	0.01%	0.01%
	DUK	A	0.2%	0.01%	0.01%
	DVN	F	0.06%	0.02%	0.02%
	EA	C	0.14%	0.02%	0.02%
	EBAY	A	0.16%	0.03%	0.03%
	ED	A	0.18%	0.01%	0.01%
	EFX	B	0.16%	0.02%	0.02%
	EIX	A	0.17%	0.01%	0.01%
	EL	F	0.03%	0.03%	0.03%
	EMN	C	0.07%	0.03%	0.03%
	EMR	D	0.15%	0.01%	0.01%
	EOG	D	0.2%	0.02%	0.02%
	EQH	C	0.08%	0.02%	0.02%
	EQIX	B	0.11%	0.02%	0.02%
	EQR	B	0.08%	0.02%	0.02%
	ES	A	0.11%	0.01%	0.01%
	ESS	B	0.06%	0.01%	0.01%
	ETN	D	0.21%	0.07%	0.07%
	ETR	A	0.16%	0.01%	0.01%
	EVRG	A	0.08%	0.01%	0.01%
	EXC	A	0.18%	0.01%	0.01%
	EXPE	C	0.08%	0.02%	0.02%
	FANG	D	0.17%	0.02%	0.02%
	FDX	D	0.18%	0.03%	0.03%
	FE	A	0.11%	0.01%	0.01%
	FHN	C	0.03%	0.01%	0.01%
	FIS	A	0.1%	0.03%	0.03%
	FITB	B	0.16%	0.03%	0.03%
	FLEX	C	0.08%	0.02%	0.02%
	FMC	C	0.03%	0.01%	0.01%
	FOXA	B	0.05%	0.04%	0.04%
	FRT	A	0.03%	0.02%	0.02%
	FTNT	B	0.12%	0.02%	0.02%
	FTV	D	0.1%	0.04%	0.04%
	GD	B	0.16%	0.02%	0.02%
	GE	C	0.23%	0.01%	0.01%
	GILD	A	0.22%	0.04%	0.04%
	GIS	A	0.14%	0.03%	0.03%
	GLPI	A	0.04%	0.03%	0.03%
	GM	B	0.14%	0.02%	0.02%
	GOOGL	D	1.8%	0.04%	0.04%
	GPN	C	0.1%	0.03%	0.03%
	GS	C	0.31%	0.01%	0.01%
	GWW	C	0.13%	0.02%	0.02%
	H	C	0.03%	0.01%	0.01%
	HAL	F	0.09%	0.03%	0.03%
	HAS	B	0.05%	0.03%	0.03%
	HBAN	B	0.09%	0.01%	0.01%
	HCA	B	0.18%	0.06%	0.06%
	HD	B	0.5%	0.01%	0.01%
	HES	F	0.11%	0.01%	0.01%
	HII	B	0.06%	0.01%	0.01%
	HON	D	0.24%	0.01%	0.01%
	HPE	D	0.1%	0.03%	0.03%
	HPQ	D	0.13%	0.05%	0.05%
	HRL	A	0.03%	0.03%	0.03%
	HST	D	0.04%	0.02%	0.02%
	HSY	A	0.08%	0.01%	0.01%
	HUBB	C	0.09%	0.01%	0.01%
	HUM	D	0.14%	0.02%	0.02%
	IBM	A	0.38%	0.02%	0.02%
	ICE	A	0.18%	0.02%	0.02%
	IFF	A	0.09%	0.01%	0.01%
	ILMN	B	0.04%	0.02%	0.02%
	INTC	F	0.15%	0.03%	0.03%
	INTU	D	0.27%	0.02%	0.02%
	IP	B	0.1%	0.02%	0.02%
	IPG	B	0.08%	0.01%	0.01%
	ITW	C	0.18%	0.04%	0.04%
	IVZ	C	0.02%	0.02%	0.02%
	JBHT	C	0.09%	0.03%	0.03%
	JBL	F	0.07%	0.01%	0.01%
	JCI	C	0.17%	0.02%	0.02%
	JEF	B	0.03%	0.03%	0.03%
	JNJ	B	0.66%	0.02%	0.02%
	JNPR	A	0.07%	0.03%	0.03%
	JPM	B	1.05%	0.01%	0.01%
	K	A	0.1%	0.02%	0.02%
	KDP	A	0.05%	0.02%	0.02%
	KEY	B	0.08%	0.01%	0.01%
	KEYS	C	0.12%	0.02%	0.02%
	KIM	A	0.04%	0.01%	0.01%
	KLAC	D	0.32%	0.06%	0.06%
	KMB	A	0.1%	0.01%	0.01%
	KMI	B	0.15%	0.02%	0.02%
	KO	B	0.42%	0.06%	0.06%
	KR	C	0.25%	0.02%	0.02%
	L	B	0.1%	0.02%	0.02%
	LDOS	B	0.1%	0.02%	0.02%
	LEN	B	0.2%	0.01%	0.01%
	LEN	B	0.01%	0.01%	0.01%
	LHX	C	0.13%	0.02%	0.02%
	LII	C	0.08%	0.01%	0.01%
	LIN	B	0.32%	0.02%	0.02%
	LLY	B	1.19%	0.02%	0.02%
	LMT	A	0.23%	0.05%	0.05%
	LNT	A	0.07%	0.02%	0.02%
	LOW	B	0.22%	0.01%	0.01%
	LRCX	F	0.22%	0.02%	0.02%
	LUV	A	0.02%	0.01%	0.01%
	LVS	D	0.03%	0.02%	0.02%
	LYB	D	0.13%	0.02%	0.02%
	MA	B	0.63%	0.04%	0.04%
	MAA	B	0.05%	0.01%	0.01%
	MAR	D	0.13%	0.01%	0.01%
	MCD	A	0.3%	0.01%	0.01%
	MCHP	D	0.2%	0.01%	0.01%
	MCK	D	0.17%	0.01%	0.01%
	MCO	B	0.19%	0.02%	0.02%
	MDLZ	A	0.19%	0.01%	0.01%
	MDT	A	0.17%	0.08%	0.08%
	MET	B	0.11%	0.02%	0.02%
	MKC	A	0.09%	0.02%	0.02%
	MLM	D	0.13%	0.01%	0.01%
	MMC	A	0.2%	0.01%	0.01%
	MMM	B	0.14%	0.01%	0.01%
	MO	A	0.15%	0.01%	0.01%
	MOS	F	0.05%	0.03%	0.03%
	MPC	D	0.23%	0.03%	0.03%
	MRK	D	0.45%	0.04%	0.04%
	MRVL	D	0.18%	0.02%	0.02%
	MS	C	0.28%	0.03%	0.03%
	MSFT	D	3.7%	0.04%	0.04%
	MSI	B	0.17%	0.03%	0.03%
	MTB	B	0.12%	0.02%	0.02%
	MU	F	0.2%	0.03%	0.03%
	NDAQ	A	0.12%	0.01%	0.01%
	NEE	A	0.18%	0.01%	0.01%
	NEM	B	0.13%	0.01%	0.01%
	NI	A	0.08%	0.05%	0.05%
	NKE	C	0.17%	0.02%	0.02%
	NNN	A	0.02%	0.02%	0.02%
	NOC	B	0.14%	0.05%	0.05%
	NSC	B	0.19%	0.01%	0.01%
	NTAP	D	0.15%	0.02%	0.02%
	NTRS	B	0.09%	0.04%	0.04%
	NUE	F	0.17%	0.03%	0.03%
	NVDA	D	2.51%	0.02%	0.02%
	NVT	F	0.02%	0.01%	0.01%
	NXPI	D	0.15%	0.02%	0.02%
	O	A	0.1%	0.01%	0.01%
	OC	D	0.09%	0.01%	0.01%
	OHI	A	0.02%	0.02%	0.02%
	OKE	A	0.15%	0.02%	0.02%
	OMC	B	0.12%	0.06%	0.06%
	ORCL	A	0.33%	0.05%	0.05%
	ORI	B	0.04%	0.02%	0.02%
	ORLY	B	0.16%	0.01%	0.01%
	OTIS	D	0.12%	0.07%	0.07%
	PCAR	D	0.19%	0.01%	0.01%
	PCG	A	0.14%	0.01%	0.01%
	PEG	B	0.19%	0.01%	0.01%
	PEP	A	0.38%	0.02%	0.02%
	PFE	D	0.29%	0.03%	0.03%
	PFG	D	0.12%	0.01%	0.01%
	PG	A	0.66%	0.01%	0.01%
	PH	B	0.21%	0.02%	0.02%
	PHM	B	0.16%	0.03%	0.03%
	PKG	B	0.1%	0.01%	0.01%
	PM	A	0.23%	0.02%	0.02%
	PNC	B	0.17%	0.02%	0.02%
	PNW	A	0.06%	0.01%	0.01%
	PPG	D	0.14%	0.01%	0.01%
	PPL	A	0.13%	0.01%	0.01%
	PRU	C	0.21%	0.03%	0.03%
	PSA	A	0.08%	0.02%	0.02%
	PSX	D	0.16%	0.01%	0.01%
	PVH	F	0.01%	0.03%	0.01%
	PYPL	B	0.11%	0.03%	0.03%
	QCOM	F	0.36%	0.04%	0.04%
	RF	B	0.13%	0.04%	0.04%
	RGA	B	0.07%	0.01%	0.01%
	RL	A	0.03%	0.02%	0.02%
	RNR	A	0.03%	0.01%	0.01%
	ROK	D	0.14%	0.01%	0.01%
	ROP	C	0.14%	0.01%	0.01%
	ROST	B	0.16%	0.02%	0.02%
	RPM	A	0.07%	0.01%	0.01%
	RPRX	B	0.03%	0.04%	0.03%
	RS	D	0.09%	0.01%	0.01%
	RSG	B	0.14%	0.01%	0.01%
	RTX	B	0.32%	0.02%	0.02%
	SBUX	B	0.16%	0.02%	0.02%
	SCCO	D	0.03%	0.01%	0.01%
	SCHW	D	0.15%	0.01%	0.01%
	SF	C	0.02%	0.02%	0.02%
	SHW	B	0.23%	0.02%	0.02%
	SLB	F	0.08%	0.02%	0.02%
	SNX	D	0.01%	0.03%	0.01%
	SO	A	0.19%	0.01%	0.01%
	SPG	B	0.11%	0.02%	0.02%
	SPGI	A	0.26%	0.03%	0.03%
	SRE	B	0.11%	0.01%	0.01%
	STLD	D	0.13%	0.02%	0.02%
	STT	B	0.13%	0.03%	0.03%
	STZ	B	0.13%	0.02%	0.02%
	SWK	B	0.07%	0.03%	0.03%
	SWKS	D	0.08%	0.03%	0.03%
	SYF	C	0.14%	0.03%	0.03%
	SYK	A	0.18%	0.01%	0.01%
	SYY	A	0.14%	0.03%	0.03%
	T	A	0.25%	0.01%	0.01%
	TAP	C	0.04%	0.1%	0.04%
	TDY	B	0.07%	0.02%	0.02%
	TEL	C	0.18%	0.01%	0.01%
	TFC	B	0.17%	0.01%	0.01%
	TGT	B	0.19%	0.05%	0.05%
	TJX	B	0.26%	0.04%	0.04%
	TMO	A	0.38%	0.01%	0.01%
	TMUS	B	0.21%	0.04%	0.04%
	TRMB	D	0.05%	0.01%	0.01%
	TSN	A	0.08%	0.01%	0.01%
	TT	B	0.22%	0.02%	0.02%
	TXN	C	0.35%	0.01%	0.01%
	TXT	D	0.1%	0.01%	0.01%
	UAL	C	0.02%	0.01%	0.01%
	UDR	B	0.04%	0.01%	0.01%
	UHS	B	0.1%	0.01%	0.01%
	UNH	A	0.8%	0.01%	0.01%
	UNM	B	0.04%	0.02%	0.02%
	UNP	B	0.3%	0.01%	0.01%
	UPS	F	0.14%	0.02%	0.02%
	USB	B	0.15%	0.02%	0.02%
	V	A	0.69%	0.13%	0.13%
	VLO	D	0.25%	0.03%	0.03%
	VMC	D	0.12%	0.01%	0.01%
	VOYA	B	0.01%	0.02%	0.01%
	VRSK	C	0.17%	0.05%	0.05%
	VTR	A	0.07%	0.02%	0.02%
	VTRS	C	0.05%	0.03%	0.03%
	VZ	B	0.37%	0.06%	0.06%
	WAB	B	0.11%	0.03%	0.03%
	WBA	F	0.02%	0.06%	0.02%
	WEC	A	0.12%	0.02%	0.02%
	WELL	A	0.14%	0.01%	0.01%
	WFC	D	0.42%	0.01%	0.01%
	WLK	D	0.03%	0.04%	0.03%
	WM	D	0.25%	0.02%	0.02%
	WMB	B	0.12%	0.03%	0.03%
	WMT	A	0.65%	0.02%	0.02%
	WPC	A	0.03%	0.02%	0.02%
	WY	C	0.09%	0.01%	0.01%
	XEL	A	0.14%	0.01%	0.01%
	XOM	C	0.85%	0.02%	0.02%
	ZBH	D	0.09%	0.02%	0.02%
	ZTS	A	0.16%	0.04%	0.04%

JHML Overweight 396 Positions Relative to VCSH

	Symbol	Grade	Weight
	META	C	1.7%
	BRK.A	B	1.14%
	TSLA	D	0.52%
	GOOG	D	0.43%
	ACN	A	0.36%
	URI	C	0.33%
	NFLX	B	0.33%
	ELV	B	0.27%
	HIG	B	0.25%
	REGN	B	0.25%
	ANET	D	0.25%
	ISRG	B	0.22%
	VRTX	D	0.22%
	PGR	A	0.21%
	TSCO	B	0.2%
	TRV	A	0.2%
	CBRE	B	0.2%
	AJG	A	0.2%
	CMG	D	0.19%
	NVR	B	0.19%
	NOW	B	0.18%
	IQV	B	0.18%
	SNPS	D	0.18%
	CTAS	B	0.18%
	ACGL	B	0.18%
	FICO	A	0.17%
	TDG	B	0.17%
	RCL	C	0.17%
	PLD	B	0.17%
	IT	B	0.17%
	FAST	D	0.16%
	GLW	C	0.16%
	HWM	B	0.16%
	PANW	B	0.16%
	AME	D	0.16%
	WTW	A	0.15%
	FCX	D	0.15%
	CTSH	B	0.15%
	BBY	A	0.15%
	ECL	B	0.14%
	CNC	D	0.14%
	MTD	C	0.14%
	PWR	C	0.14%
	RMD	A	0.14%
	CDW	D	0.13%
	KKR	B	0.13%
	VST	C	0.13%
	IR	D	0.13%
	MPWR	C	0.13%
	UBER	B	0.13%
	LNG	B	0.13%
	APO	D	0.12%
	YUM	B	0.12%
	BX	B	0.12%
	GEHC	B	0.12%
	ON	D	0.12%
	PAYX	B	0.12%
	TTD	B	0.12%
	CEG	D	0.12%
	HLT	C	0.12%
	BLDR	C	0.12%
	ULTA	D	0.11%
	TRGP	A	0.11%
	RJF	D	0.11%
	DRI	A	0.11%
	WSM	D	0.11%
	CPRT	D	0.11%
	CPAY	B	0.11%
	GPC	D	0.11%
	MSCI	B	0.11%
	GRMN	B	0.11%
	DECK	C	0.11%
	WDC	D	0.1%
	IRM	B	0.1%
	BAH	B	0.1%
	BALL	A	0.1%
	BKR	D	0.1%
	FCNCA	C	0.1%
	TER	D	0.1%
	HOLX	A	0.1%
	ODFL	D	0.1%
	EXPD	D	0.1%
	XYL	D	0.1%
	IDXX	D	0.1%
	ANSS	D	0.1%
	OXY	F	0.1%
	FNF	B	0.09%
	WDAY	C	0.09%
	EW	F	0.09%
	VICI	A	0.09%
	TTWO	B	0.09%
	CRWD	F	0.09%
	MRO	C	0.09%
	LULU	F	0.09%
	STE	A	0.09%
	STX	D	0.09%
	EXR	B	0.09%
	WAT	B	0.09%
	F	D	0.09%
	MOH	C	0.09%
	WRB	B	0.09%
	TYL	A	0.09%
	CINF	B	0.09%
	TROW	D	0.09%
	CSGP	C	0.09%
	CTRA	F	0.08%
	GDDY	C	0.08%
	AVY	B	0.08%
	FSLR	C	0.08%
	DXCM	F	0.08%
	PLTR	B	0.08%
	MAS	B	0.08%
	WST	D	0.08%
	MNST	D	0.08%
	MKL	C	0.08%
	SBAC	A	0.07%
	ALNY	C	0.07%
	BURL	B	0.07%
	KMX	C	0.07%
	CHRW	B	0.07%
	PTC	D	0.07%
	FDS	C	0.07%
	VRSN	C	0.07%
	ARES	C	0.07%
	SSNC	B	0.07%
	VEEV	A	0.07%
	AMCR	B	0.07%
	GEV	A	0.07%
	KHC	A	0.07%
	SNA	D	0.07%
	TRU	B	0.07%
	SCI	B	0.07%
	DKS	C	0.07%
	ZBRA	C	0.07%
	LPLA	D	0.07%
	EG	B	0.07%
	AKAM	D	0.07%
	JKHY	B	0.06%
	BMRN	D	0.06%
	FFIV	B	0.06%
	UTHR	B	0.06%
	USFD	B	0.06%
	CCK	A	0.06%
	SPOT	C	0.06%
	AVTR	B	0.06%
	DDOG	D	0.06%
	DASH	B	0.06%
	PNR	B	0.06%
	MGM	F	0.06%
	HUBS	F	0.06%
	DOX	C	0.06%
	INVH	B	0.06%
	ENTG	D	0.06%
	IEX	D	0.06%
	VRT	F	0.06%
	JLL	B	0.06%
	AXON	B	0.05%
	SEIC	D	0.05%
	LYV	D	0.05%
	VLTO	B	0.05%
	SUI	A	0.05%
	DVA	B	0.05%
	CCL	D	0.05%
	KVUE	A	0.05%
	LKQ	D	0.05%
	ERIE	A	0.05%
	GGG	D	0.05%
	ACM	B	0.05%
	NDSN	C	0.05%
	SQ	D	0.05%
	ROL	B	0.05%
	WBD	D	0.05%
	POOL	C	0.05%
	HSIC	C	0.05%
	TPR	B	0.05%
	QRVO	D	0.05%
	DPZ	D	0.05%
	GL	B	0.05%
	NRG	C	0.05%
	EWBC	C	0.05%
	MANH	B	0.05%
	SJM	A	0.05%
	WSO	D	0.05%
	SNOW	F	0.04%
	ELS	A	0.04%
	PFGC	B	0.04%
	REG	A	0.04%
	LW	D	0.04%
	MTN	C	0.04%
	THC	B	0.04%
	CTLT	A	0.04%
	EPAM	C	0.04%
	EQT	D	0.04%
	OVV	F	0.04%
	CRL	F	0.04%
	TTC	D	0.04%
	ENPH	D	0.04%
	CASY	C	0.04%
	LEA	F	0.04%
	FND	C	0.04%
	ATR	A	0.04%
	TPL	C	0.04%
	J	C	0.04%
	ALV	D	0.04%
	NWSA	C	0.04%
	ARMK	A	0.04%
	EME	C	0.04%
	TFX	A	0.04%
	MDB	C	0.04%
	LBRDK	C	0.04%
	LECO	F	0.04%
	HEI	B	0.04%
	NET	F	0.04%
	MRNA	F	0.04%
	AOS	D	0.04%
	CBOE	A	0.04%
	KBR	C	0.03%
	Z	B	0.03%
	ABNB	F	0.03%
	WSC	D	0.03%
	WYNN	D	0.03%
	LNW	B	0.03%
	PAYC	D	0.03%
	ITT	C	0.03%
	CACI	B	0.03%
	HOOD	D	0.03%
	CZR	D	0.03%
	BIO	A	0.03%
	MTCH	B	0.03%
	GPK	B	0.03%
	DAY	C	0.03%
	JAZZ	D	0.03%
	UHAL	B	0.03%
	MIDD	D	0.03%
	PSTG	F	0.03%
	BLD	D	0.03%
	MORN	C	0.03%
	TWLO	D	0.03%
	ZS	F	0.03%
	WTRG	D	0.03%
	TW	B	0.03%
	DKNG	D	0.03%
	SMCI	F	0.03%
	RRX	D	0.03%
	TEAM	F	0.03%
	ALGN	F	0.03%
	NBIX	D	0.03%
	OKTA	F	0.03%
	HEI	B	0.03%
	LAMR	B	0.03%
	KNX	D	0.03%
	WEX	C	0.03%
	WMS	D	0.03%
	DT	A	0.03%
	CLH	C	0.03%
	PODD	A	0.03%
	APP	B	0.03%
	GNTX	D	0.03%
	TECH	D	0.03%
	INCY	C	0.03%
	BJ	D	0.03%
	CHDN	D	0.03%
	LAD	C	0.03%
	PINS	F	0.03%
	TTEK	B	0.03%
	ZM	B	0.03%
	MKTX	A	0.03%
	AMH	A	0.03%
	RHI	D	0.03%
	CHK	F	0.03%
	TXRH	D	0.03%
	EHC	B	0.02%
	NTNX	A	0.02%
	PCTY	C	0.02%
	WWD	D	0.02%
	MEDP	D	0.02%
	SNAP	F	0.02%
	OLED	D	0.02%
	DLB	F	0.02%
	SOLV	B	0.02%
	EGP	B	0.02%
	PARA	F	0.02%
	COLD	B	0.02%
	DOCU	A	0.02%
	TPX	D	0.02%
	CVNA	C	0.02%
	CRBG	C	0.02%
	ROKU	C	0.02%
	RGEN	C	0.02%
	TOL	B	0.02%
	BBWI	F	0.02%
	ETSY	F	0.02%
	DBX	D	0.02%
	SRPT	D	0.02%
	FOX	B	0.02%
	REXR	B	0.02%
	DCI	C	0.02%
	APA	F	0.02%
	KNSL	B	0.02%
	CG	D	0.02%
	GWRE	A	0.02%
	AGCO	F	0.02%
	SKX	B	0.02%
	IBKR	B	0.02%
	WCC	D	0.02%
	CLF	F	0.02%
	SWN	F	0.02%
	CW	B	0.02%
	BSY	D	0.02%
	WBS	D	0.02%
	DINO	F	0.02%
	COIN	F	0.02%
	ACI	D	0.02%
	GLOB	C	0.02%
	EXAS	B	0.02%
	SAIA	D	0.02%
	CHE	C	0.02%
	PRI	B	0.02%
	XPO	D	0.02%
	BRKR	C	0.02%
	BRBR	A	0.01%
	TKO	B	0.01%
	S	D	0.01%
	SOFI	D	0.01%
	CFLT	F	0.01%
	AAL	C	0.01%
	AFRM	B	0.01%
	PR	D	0.01%
	SN	A	0.01%
	X	F	0.01%
	FN	C	0.01%
	RBC	C	0.01%
	MKSI	F	0.01%
	ELAN	B	0.01%
	APG	D	0.01%
	PEN	C	0.01%
	CIEN	B	0.01%
	COTY	F	0.01%
	SSD	D	0.01%
	PCVX	A	0.01%
	AYI	C	0.01%
	CELH	F	0.01%
	EXP	B	0.01%
	ELF	F	0.01%
	BWXT	C	0.01%
	GFS	F	0.01%
	NTRA	B	0.01%
	U	D	0.01%
	NYT	C	0.01%
	GTLB	C	0.01%
	SIRI	F	0.01%
	ONTO	D	0.01%
	RIVN	F	0.01%
	EDR	A	0.01%
	TREX	F	0.01%
	CIVI	F	0.01%
	PAG	C	0.01%
	WING	C	0.01%
	FIX	C	0.01%
	INGR	A	0.01%
	PATH	D	0.01%
	PCOR	F	0.01%
	WMG	F	0.01%
	COHR	C	0.01%
	IOT	A	0.01%
	TOST	D	0.01%
	SITE	C	0.01%
	RRC	F	0.01%
	AR	F	0.01%
	NWS	C	0.01%
	MUSA	B	0.01%
	FIVE	F	0.01%
	ACHC	B	0.01%
	CNM	F	0.01%
	HLI	B	0.01%
	FTI	D	0.01%
	LSCC	F	0.01%
	NFE	F	0.0%
	INFA	F	0.0%
	BIRK	F	0.0%
	W	F	0.0%
	PPC	B	0.0%
	APPF	D	0.0%
	SUM	D	0.0%
	UHAL	B	0.0%
	PSN	B	0.0%
	LBRDA	C	0.0%
	AMKR	F	0.0%
	RKT	B	0.0%
	DUOL	B	0.0%
	ESTC	F	0.0%
	CHWY	B	0.0%
	UI	B	0.0%
	VKTX	C	0.0%
	ZG	B	0.0%
	RBLX	B	0.0%

JHML Underweight 93 Positions Relative to VCSH

	Symbol	Grade	Weight
	STLA	F	-0.07%
	VFC	B	-0.04%
	WB	F	-0.04%
	ARCC	C	-0.04%
	GSK	A	-0.04%
	AZN	B	-0.04%
	JD	D	-0.03%
	MHK	B	-0.03%
	DXC	A	-0.03%
	WAL	B	-0.03%
	CNO	B	-0.03%
	EPD	C	-0.03%
	MPLX	A	-0.03%
	BERY	B	-0.03%
	AER	C	-0.03%
	SKT	A	-0.02%
	THG	A	-0.02%
	VNT	F	-0.02%
	BKU	B	-0.02%
	GBDC	D	-0.02%
	BC	D	-0.02%
	HP	F	-0.02%
	HOG	B	-0.02%
	GXO	D	-0.02%
	KMPR	C	-0.02%
	SBRA	A	-0.02%
	TSLX	A	-0.02%
	VNO	B	-0.02%
	BKH	A	-0.02%
	BABA	B	-0.02%
	AWH	F	-0.02%
	GSBD	D	-0.02%
	HRB	B	-0.02%
	OCSL	D	-0.02%
	LAZ	B	-0.02%
	BRX	A	-0.02%
	AN	C	-0.02%
	CNH	C	-0.02%
	FSK	B	-0.02%
	WRK	C	-0.02%
	ET	C	-0.02%
	AL	D	-0.02%
	CM	A	-0.02%
	RY	A	-0.02%
	TD	A	-0.02%
	HIW	B	-0.01%
	FNB	C	-0.01%
	CACC	F	-0.01%
	VLY	C	-0.01%
	KSS	F	-0.01%
	G	B	-0.01%
	EPR	B	-0.01%
	NEU	D	-0.01%
	TKR	D	-0.01%
	FAF	A	-0.01%
	LEG	D	-0.01%
	JHG	B	-0.01%
	NYCB	C	-0.01%
	WHR	D	-0.01%
	SNV	C	-0.01%
	SLG	B	-0.01%
	BDN	B	-0.01%
	BCSF	B	-0.01%
	TME	F	-0.01%
	SITC	D	-0.01%
	BHP	F	-0.01%
	FLS	C	-0.01%
	GP	F	-0.01%
	OGS	B	-0.01%
	LNC	C	-0.01%
	PSEC	B	-0.01%
	MAIN	D	-0.01%
	PDM	B	-0.01%
	KRC	B	-0.01%
	NFG	B	-0.01%
	OPI	F	-0.01%
	CP	B	-0.01%
	AVT	C	-0.01%
	AMG	C	-0.01%
	ARW	B	-0.01%
	WU	C	-0.01%
	LH	B	-0.01%
	R	C	-0.01%
	CMA	B	-0.01%
	BIDU	F	-0.01%
	PAA	D	-0.01%
	BNS	A	-0.01%
	VOD	A	-0.01%
	DB	B	-0.01%
	BMO	D	-0.01%
	HSBC	B	-0.01%
	NWG	C	-0.01%
	MUFG	D	-0.01%

JHML: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electronics Electricity Aerospace Chemical Dow Jones Component Medicine Real Estate Investment Trust Semiconductor Telecommunications IBD 50 Mining Bank Banking Insurance Products Biotechnology

VCSH: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Credit Services Diversified Industrials Drug Manufacturers - Major Semiconductors REIT - Office REIT - Retail Specialty Chemicals Business Services Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas Midstream Household & Personal Products Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Real Estate Investment Trust Dow Jones Component Investment Bank Electronics Cash Management Computing Insurance Products Chemical Financial Products Aerospace Commercial Banking Semiconductor Disability