JHML vs. VYM ETF Comparison

Comparison of John Hancock Multifactor Large Cap ETF (JHML) to Vanguard High Dividend Yield ETF - DNQ (VYM)

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

$68.61

Average Daily Volume

27,397

Number of Holdings ^*

747

* may have additional holdings in another (foreign) market

VYM

Vanguard High Dividend Yield ETF - DNQ

VYM Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSE® High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$126.94

Average Daily Volume

782,810

Number of Holdings ^*

538

* may have additional holdings in another (foreign) market

Performance

Period	JHML	VYM
30 Days	2.90%	3.36%
60 Days	4.65%	4.61%
90 Days	5.85%	7.73%
12 Months	28.61%	23.37%

262 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in VYM	Overlap
	ABBV	C	0.47%	1.98%	0.47%
	ABT	C	0.32%	1.12%	0.32%
	ACI	F	0.02%	0.05%	0.02%
	ADI	C	0.22%	0.66%	0.22%
	ADM	D	0.09%	0.17%	0.09%
	ADP	B	0.2%	0.65%	0.2%
	AEE	C	0.11%	0.12%	0.11%
	AEP	C	0.18%	0.3%	0.18%
	AES	C	0.06%	0.07%	0.06%
	AFG	B	0.05%	0.05%	0.05%
	AFL	C	0.21%	0.36%	0.21%
	AGCO	D	0.02%	0.03%	0.02%
	AGR	B	0.01%	0.01%	0.01%
	AIG	D	0.21%	0.3%	0.21%
	AIZ	B	0.04%	0.06%	0.04%
	ALL	B	0.19%	0.28%	0.19%
	ALLY	F	0.07%	0.07%	0.07%
	ALV	F	0.04%	0.04%	0.04%
	AMGN	B	0.34%	1.02%	0.34%
	AMP	A	0.26%	0.26%	0.26%
	APA	F	0.02%	0.06%	0.02%
	APD	B	0.13%	0.35%	0.13%
	APO	C	0.12%	0.34%	0.12%
	ARES	B	0.07%	0.15%	0.07%
	ATO	B	0.07%	0.11%	0.07%
	AVGO	C	1.12%	4.22%	1.12%
	AWK	B	0.09%	0.16%	0.09%
	BAC	D	0.42%	1.58%	0.42%
	BAX	C	0.06%	0.11%	0.06%
	BBWI	F	0.02%	0.04%	0.02%
	BBY	C	0.15%	0.12%	0.12%
	BEN	F	0.03%	0.03%	0.03%
	BG	D	0.07%	0.08%	0.07%
	BK	B	0.23%	0.29%	0.23%
	BKR	C	0.1%	0.2%	0.1%
	BLK	B	0.16%	0.76%	0.16%
	BMY	C	0.19%	0.58%	0.19%
	BX	B	0.12%	0.58%	0.12%
	C	C	0.21%	0.68%	0.21%
	CAG	C	0.06%	0.08%	0.06%
	CAH	C	0.13%	0.16%	0.13%
	CAT	B	0.36%	0.99%	0.36%
	CB	B	0.2%	0.66%	0.2%
	CE	F	0.06%	0.07%	0.06%
	CF	C	0.08%	0.09%	0.08%
	CFG	C	0.09%	0.11%	0.09%
	CG	D	0.02%	0.05%	0.02%
	CHK	D	0.04%	0.06%	0.04%
	CHRW	B	0.06%	0.07%	0.06%
	CI	C	0.21%	0.57%	0.21%
	CINF	B	0.09%	0.12%	0.09%
	CIVI	F	0.01%	0.03%	0.01%
	CL	D	0.16%	0.49%	0.16%
	CLX	C	0.1%	0.09%	0.09%
	CMCSA	D	0.35%	0.88%	0.35%
	CMI	C	0.2%	0.24%	0.2%
	CMS	C	0.09%	0.11%	0.09%
	CNA	C	0.01%	0.01%	0.01%
	CNP	C	0.09%	0.1%	0.09%
	COP	D	0.25%	0.76%	0.25%
	CPB	C	0.05%	0.05%	0.05%
	CRBG	D	0.02%	0.04%	0.02%
	CSCO	C	0.36%	1.17%	0.36%
	CTRA	D	0.07%	0.1%	0.07%
	CVS	D	0.15%	0.41%	0.15%
	CVX	D	0.37%	1.41%	0.37%
	D	C	0.07%	0.27%	0.07%
	DD	B	0.13%	0.2%	0.13%
	DFS	B	0.19%	0.2%	0.19%
	DGX	B	0.12%	0.1%	0.1%
	DINO	F	0.02%	0.05%	0.02%
	DKS	D	0.07%	0.08%	0.07%
	DOW	D	0.15%	0.21%	0.15%
	DOX	C	0.06%	0.06%	0.06%
	DRI	B	0.11%	0.11%	0.11%
	DTE	C	0.12%	0.15%	0.12%
	DUK	C	0.2%	0.5%	0.2%
	DVN	F	0.06%	0.16%	0.06%
	EBAY	B	0.17%	0.17%	0.17%
	ED	C	0.18%	0.2%	0.18%
	EG	C	0.07%	0.1%	0.07%
	EIX	C	0.17%	0.19%	0.17%
	EL	F	0.03%	0.12%	0.03%
	EMN	B	0.07%	0.07%	0.07%
	EMR	D	0.15%	0.34%	0.15%
	EOG	D	0.19%	0.42%	0.19%
	EQH	C	0.07%	0.08%	0.07%
	EQT	D	0.04%	0.11%	0.04%
	ES	C	0.11%	0.14%	0.11%
	ETN	C	0.22%	0.7%	0.22%
	ETR	B	0.16%	0.15%	0.15%
	EVRG	B	0.08%	0.07%	0.07%
	EWBC	D	0.05%	0.07%	0.05%
	EXC	C	0.18%	0.22%	0.18%
	F	F	0.09%	0.25%	0.09%
	FANG	D	0.15%	0.2%	0.15%
	FAST	C	0.17%	0.22%	0.17%
	FDX	C	0.17%	0.39%	0.17%
	FE	C	0.11%	0.14%	0.11%
	FHN	D	0.03%	0.05%	0.03%
	FIS	B	0.1%	0.26%	0.1%
	FITB	B	0.16%	0.17%	0.16%
	FMC	C	0.03%	0.05%	0.03%
	FNF	B	0.09%	0.09%	0.09%
	FOX	B	0.02%	0.03%	0.02%
	FOXA	B	0.05%	0.06%	0.05%
	GD	B	0.16%	0.47%	0.16%
	GILD	B	0.23%	0.56%	0.23%
	GIS	B	0.14%	0.23%	0.14%
	GLW	C	0.16%	0.18%	0.16%
	GPC	D	0.11%	0.11%	0.11%
	GRMN	D	0.11%	0.16%	0.11%
	GS	C	0.3%	0.92%	0.3%
	HAL	F	0.08%	0.16%	0.08%
	HAS	B	0.05%	0.05%	0.05%
	HBAN	B	0.09%	0.12%	0.09%
	HD	B	0.51%	2.08%	0.51%
	HIG	B	0.24%	0.2%	0.2%
	HII	D	0.05%	0.06%	0.05%
	HLI	B	0.01%	0.05%	0.01%
	HON	D	0.23%	0.77%	0.23%
	HPE	D	0.09%	0.14%	0.09%
	HPQ	D	0.12%	0.2%	0.12%
	HRL	C	0.03%	0.05%	0.03%
	HSY	C	0.08%	0.16%	0.08%
	HUBB	B	0.09%	0.12%	0.09%
	IBM	B	0.39%	0.97%	0.39%
	IFF	B	0.09%	0.15%	0.09%
	INGR	B	0.01%	0.05%	0.01%
	INTC	F	0.15%	0.54%	0.15%
	IP	B	0.1%	0.1%	0.1%
	IPG	C	0.07%	0.07%	0.07%
	ITW	C	0.18%	0.43%	0.18%
	IVZ	B	0.02%	0.04%	0.02%
	JCI	B	0.17%	0.28%	0.17%
	JEF	B	0.03%	0.06%	0.03%
	JNJ	C	0.65%	2.28%	0.65%
	JNPR	B	0.06%	0.07%	0.06%
	JPM	D	0.99%	3.67%	0.99%
	K	B	0.1%	0.12%	0.1%
	KDP	B	0.05%	0.22%	0.05%
	KEY	B	0.08%	0.09%	0.08%
	KHC	C	0.07%	0.18%	0.07%
	KMB	D	0.09%	0.28%	0.09%
	KMI	B	0.14%	0.24%	0.14%
	KO	C	0.41%	1.6%	0.41%
	KR	C	0.25%	0.2%	0.2%
	LEA	F	0.04%	0.04%	0.04%
	LHX	C	0.13%	0.25%	0.13%
	LKQ	F	0.05%	0.06%	0.05%
	LMT	C	0.23%	0.69%	0.23%
	LNT	B	0.07%	0.09%	0.07%
	LOW	B	0.22%	0.81%	0.22%
	LUV	C	0.02%	0.1%	0.02%
	LYB	D	0.13%	0.15%	0.13%
	MCD	B	0.31%	1.19%	0.31%
	MCHP	F	0.19%	0.25%	0.19%
	MDLZ	B	0.19%	0.55%	0.19%
	MDT	C	0.17%	0.67%	0.17%
	MET	B	0.11%	0.26%	0.11%
	MKC	C	0.09%	0.11%	0.09%
	MMM	B	0.14%	0.42%	0.14%
	MO	C	0.15%	0.53%	0.15%
	MOS	F	0.04%	0.05%	0.04%
	MPC	F	0.22%	0.36%	0.22%
	MRK	D	0.45%	1.71%	0.45%
	MRO	C	0.08%	0.09%	0.08%
	MS	D	0.26%	0.69%	0.26%
	MTB	B	0.12%	0.16%	0.12%
	MTN	D	0.03%	0.04%	0.03%
	NEE	C	0.18%	0.94%	0.18%
	NEM	B	0.14%	0.35%	0.14%
	NFE	F	0.0%	0.0%	0.0%
	NI	B	0.08%	0.08%	0.08%
	NRG	C	0.05%	0.1%	0.05%
	NSC	C	0.18%	0.33%	0.18%
	NTAP	D	0.15%	0.14%	0.14%
	NTRS	A	0.09%	0.11%	0.09%
	NVT	D	0.02%	0.06%	0.02%
	NXPI	F	0.14%	0.37%	0.14%
	OKE	B	0.14%	0.31%	0.14%
	OMC	B	0.12%	0.11%	0.11%
	ORI	B	0.03%	0.05%	0.03%
	OVV	F	0.04%	0.07%	0.04%
	PAG	D	0.01%	0.02%	0.01%
	PARA	F	0.02%	0.03%	0.02%
	PAYX	C	0.12%	0.24%	0.12%
	PCAR	D	0.19%	0.28%	0.19%
	PEG	B	0.2%	0.23%	0.2%
	PEP	C	0.38%	1.35%	0.38%
	PFE	C	0.29%	0.94%	0.29%
	PFG	B	0.12%	0.11%	0.11%
	PG	C	0.64%	2.31%	0.64%
	PGR	B	0.21%	0.84%	0.21%
	PKG	B	0.1%	0.11%	0.1%
	PM	C	0.23%	1.09%	0.23%
	PNC	B	0.16%	0.42%	0.16%
	PNW	C	0.06%	0.06%	0.06%
	PPG	D	0.13%	0.17%	0.13%
	PPL	C	0.13%	0.13%	0.13%
	PR	F	0.01%	0.05%	0.01%
	PRU	C	0.2%	0.25%	0.2%
	PSX	F	0.15%	0.34%	0.15%
	QCOM	D	0.36%	1.12%	0.36%
	RF	B	0.12%	0.12%	0.12%
	RGA	C	0.07%	0.08%	0.07%
	RHI	D	0.03%	0.04%	0.03%
	RL	C	0.03%	0.04%	0.03%
	ROK	D	0.14%	0.18%	0.14%
	RPM	B	0.07%	0.08%	0.07%
	RPRX	C	0.02%	0.06%	0.02%
	RRC	D	0.01%	0.04%	0.01%
	RS	D	0.09%	0.09%	0.09%
	RTX	C	0.32%	0.93%	0.32%
	SBUX	C	0.17%	0.61%	0.17%
	SCCO	D	0.03%	0.05%	0.03%
	SF	A	0.02%	0.05%	0.02%
	SJM	C	0.05%	0.07%	0.05%
	SLB	F	0.07%	0.36%	0.07%
	SNA	C	0.07%	0.08%	0.07%
	SO	B	0.19%	0.54%	0.19%
	SRE	C	0.11%	0.3%	0.11%
	STT	A	0.12%	0.15%	0.12%
	STX	C	0.09%	0.11%	0.09%
	SWK	B	0.07%	0.09%	0.07%
	SWKS	D	0.08%	0.1%	0.08%
	SYF	C	0.13%	0.11%	0.11%
	SYY	D	0.13%	0.22%	0.13%
	T	C	0.26%	0.81%	0.26%
	TAP	D	0.04%	0.05%	0.04%
	TFC	C	0.17%	0.34%	0.17%
	TGT	C	0.18%	0.4%	0.18%
	TPR	C	0.05%	0.05%	0.05%
	TRGP	B	0.1%	0.18%	0.1%
	TROW	D	0.09%	0.13%	0.09%
	TRV	C	0.2%	0.3%	0.2%
	TSN	C	0.07%	0.1%	0.07%
	TXN	C	0.33%	1.11%	0.33%
	UI	B	0.0%	0.0%	0.0%
	UNM	B	0.04%	0.06%	0.04%
	UNP	C	0.29%	0.89%	0.29%
	UPS	D	0.13%	0.53%	0.13%
	USB	B	0.14%	0.37%	0.14%
	VLO	F	0.24%	0.27%	0.24%
	VOYA	B	0.01%	0.04%	0.01%
	VST	C	0.13%	0.17%	0.13%
	VTRS	D	0.05%	0.08%	0.05%
	VZ	B	0.38%	1.0%	0.38%
	WBA	F	0.02%	0.04%	0.02%
	WBS	D	0.02%	0.05%	0.02%
	WEC	C	0.12%	0.17%	0.12%
	WFC	D	0.37%	1.17%	0.37%
	WM	D	0.25%	0.48%	0.25%
	WMB	B	0.13%	0.32%	0.13%
	WMT	C	0.66%	1.91%	0.66%
	WRB	C	0.09%	0.11%	0.09%
	WSM	D	0.11%	0.1%	0.1%
	WSO	C	0.06%	0.09%	0.06%
	WTRG	D	0.03%	0.06%	0.03%
	XEL	B	0.14%	0.19%	0.14%
	XOM	C	0.82%	3.02%	0.82%
	YUM	D	0.11%	0.22%	0.11%

JHML Overweight 485 Positions Relative to VYM

	Symbol	Grade	Weight
	AAPL	C	4.1%
	MSFT	C	3.84%
	NVDA	D	2.8%
	AMZN	C	2.46%
	GOOGL	D	1.76%
	META	B	1.73%
	LLY	C	1.16%
	BRK.A	C	1.07%
	UNH	C	0.77%
	V	C	0.69%
	MA	B	0.64%
	TSLA	C	0.54%
	COST	B	0.52%
	GOOG	D	0.42%
	ORCL	C	0.38%
	TMO	B	0.38%
	AMD	D	0.36%
	ACN	C	0.36%
	AMAT	D	0.34%
	URI	B	0.33%
	NFLX	B	0.33%
	ADBE	F	0.33%
	KLAC	D	0.31%
	LIN	B	0.31%
	CRM	D	0.3%
	AXP	B	0.29%
	INTU	C	0.28%
	ELV	C	0.27%
	ANET	B	0.27%
	SPGI	B	0.26%
	DHR	B	0.26%
	TJX	B	0.25%
	GE	B	0.24%
	APH	D	0.24%
	REGN	C	0.24%
	TT	B	0.23%
	SHW	B	0.23%
	DIS	D	0.22%
	ISRG	B	0.22%
	VRTX	D	0.22%
	DE	B	0.22%
	LEN	B	0.21%
	CBRE	A	0.21%
	BKNG	C	0.21%
	TMUS	C	0.21%
	PH	B	0.21%
	COF	B	0.21%
	BSX	B	0.21%
	LRCX	F	0.21%
	DHI	B	0.2%
	AJG	D	0.2%
	TSCO	C	0.2%
	MMC	C	0.2%
	CARR	B	0.2%
	SYK	C	0.19%
	SNPS	D	0.19%
	NOW	B	0.19%
	CTAS	B	0.19%
	NVR	B	0.19%
	MCO	B	0.19%
	MRVL	C	0.19%
	MU	F	0.19%
	CMG	C	0.19%
	PLD	C	0.18%
	HCA	B	0.18%
	TEL	D	0.18%
	ICE	C	0.18%
	CSX	D	0.18%
	FICO	B	0.18%
	ACGL	C	0.18%
	RCL	B	0.18%
	IT	B	0.18%
	PHM	B	0.17%
	VRSK	D	0.17%
	TDG	B	0.17%
	IQV	C	0.17%
	MSI	B	0.17%
	NUE	F	0.17%
	CDNS	D	0.17%
	AON	B	0.16%
	HWM	B	0.16%
	NKE	D	0.16%
	ROST	C	0.16%
	PANW	D	0.16%
	AME	C	0.16%
	ZTS	C	0.16%
	SCHW	D	0.15%
	RMD	C	0.15%
	FCX	D	0.15%
	CTSH	C	0.15%
	ORLY	C	0.15%
	EFX	B	0.15%
	MCK	F	0.15%
	ROP	C	0.14%
	MTD	D	0.14%
	MPWR	C	0.14%
	ECL	B	0.14%
	EA	D	0.14%
	BDX	D	0.14%
	CNC	D	0.14%
	NOC	B	0.14%
	WELL	C	0.14%
	A	C	0.14%
	RSG	D	0.14%
	AMT	C	0.14%
	WTW	C	0.14%
	DOV	B	0.14%
	PWR	B	0.14%
	HLT	B	0.13%
	DLR	B	0.13%
	TTD	B	0.13%
	UBER	C	0.13%
	AZO	D	0.13%
	CDW	D	0.13%
	KKR	B	0.13%
	MLM	D	0.13%
	BLDR	C	0.13%
	PCG	C	0.13%
	IR	C	0.13%
	LNG	C	0.13%
	MAR	C	0.13%
	CEG	C	0.13%
	GM	C	0.13%
	STZ	D	0.13%
	GWW	B	0.13%
	FTNT	C	0.12%
	BA	F	0.12%
	DECK	C	0.12%
	EQIX	C	0.12%
	ON	D	0.12%
	GEHC	C	0.12%
	CTVA	B	0.12%
	CME	C	0.12%
	VMC	D	0.12%
	KEYS	C	0.12%
	STLD	F	0.12%
	HUM	F	0.12%
	XYL	C	0.11%
	RJF	C	0.11%
	HES	F	0.11%
	ANSS	D	0.11%
	ULTA	D	0.11%
	CPAY	B	0.11%
	BIIB	F	0.11%
	MSCI	C	0.11%
	IDXX	C	0.11%
	SPG	B	0.11%
	NDAQ	A	0.11%
	WAB	B	0.11%
	CSL	B	0.11%
	OTIS	C	0.11%
	LDOS	B	0.1%
	CSGP	D	0.1%
	UHS	B	0.1%
	OXY	F	0.1%
	L	C	0.1%
	BALL	C	0.1%
	IRM	C	0.1%
	BRO	C	0.1%
	O	C	0.1%
	FTV	C	0.1%
	MOH	D	0.1%
	HOLX	B	0.1%
	EXPD	C	0.1%
	TXT	D	0.1%
	ODFL	D	0.1%
	GPN	D	0.1%
	TER	D	0.1%
	CHD	D	0.1%
	BR	D	0.1%
	CPRT	D	0.1%
	PYPL	B	0.1%
	ADSK	C	0.1%
	MNST	D	0.09%
	ZBH	F	0.09%
	VICI	C	0.09%
	CRWD	D	0.09%
	JBHT	D	0.09%
	PLTR	B	0.09%
	WY	C	0.09%
	WAT	C	0.09%
	LULU	D	0.09%
	STE	C	0.09%
	EXR	B	0.09%
	FCNCA	D	0.09%
	TYL	C	0.09%
	OC	D	0.09%
	BAH	C	0.09%
	AVB	B	0.09%
	WDC	D	0.09%
	DXCM	F	0.08%
	GEV	B	0.08%
	AVY	C	0.08%
	EXPE	C	0.08%
	EQR	B	0.08%
	WST	D	0.08%
	PSA	B	0.08%
	MAS	B	0.08%
	LII	B	0.08%
	WDAY	D	0.08%
	MKL	C	0.08%
	FSLR	C	0.08%
	TTWO	C	0.08%
	EW	F	0.08%
	VRSN	D	0.07%
	AMCR	B	0.07%
	SBAC	C	0.07%
	PTC	D	0.07%
	JBL	D	0.07%
	CHTR	D	0.07%
	ALNY	C	0.07%
	SSNC	B	0.07%
	LPLA	D	0.07%
	BURL	B	0.07%
	FDS	C	0.07%
	VEEV	C	0.07%
	TDY	B	0.07%
	DLTR	F	0.07%
	CCI	C	0.07%
	AKAM	D	0.07%
	TRU	B	0.07%
	VRT	C	0.07%
	GDDY	C	0.07%
	VTR	C	0.07%
	SCI	B	0.07%
	ALLE	B	0.07%
	ZBRA	B	0.07%
	FLEX	C	0.07%
	MANH	B	0.06%
	JKHY	B	0.06%
	CCK	A	0.06%
	USFD	B	0.06%
	MGM	F	0.06%
	FFIV	B	0.06%
	SPOT	B	0.06%
	ESS	B	0.06%
	INVH	C	0.06%
	DDOG	D	0.06%
	DG	F	0.06%
	HUBS	D	0.06%
	ENTG	F	0.06%
	AVTR	B	0.06%
	IEX	D	0.06%
	DASH	C	0.06%
	KMX	D	0.06%
	APTV	D	0.06%
	PNR	B	0.06%
	DELL	D	0.06%
	JLL	B	0.06%
	SEIC	C	0.05%
	VLTO	C	0.05%
	EME	B	0.05%
	LYV	B	0.05%
	KVUE	C	0.05%
	AXON	B	0.05%
	DVA	B	0.05%
	NDSN	C	0.05%
	SQ	D	0.05%
	SUI	B	0.05%
	ACM	B	0.05%
	GGG	C	0.05%
	ERIE	B	0.05%
	CCL	C	0.05%
	ROL	C	0.05%
	QRVO	F	0.05%
	ARE	C	0.05%
	HSIC	C	0.05%
	POOL	C	0.05%
	GL	C	0.05%
	BMRN	F	0.05%
	DPZ	F	0.05%
	WBD	D	0.05%
	TRMB	C	0.05%
	MAA	B	0.05%
	UTHR	C	0.05%
	ILMN	C	0.04%
	PODD	B	0.04%
	SNOW	F	0.04%
	THC	A	0.04%
	PFGC	B	0.04%
	TTC	D	0.04%
	MKTX	C	0.04%
	KIM	C	0.04%
	ALB	D	0.04%
	CPT	B	0.04%
	CTLT	B	0.04%
	GLPI	C	0.04%
	ELS	C	0.04%
	REG	C	0.04%
	ENPH	D	0.04%
	HST	C	0.04%
	DAL	C	0.04%
	LW	D	0.04%
	EPAM	F	0.04%
	APP	C	0.04%
	CRL	F	0.04%
	J	C	0.04%
	NWSA	D	0.04%
	ATR	B	0.04%
	TPL	B	0.04%
	FND	C	0.04%
	UDR	C	0.04%
	TFX	C	0.04%
	MRNA	F	0.04%
	CASY	D	0.04%
	MDB	D	0.04%
	LECO	F	0.04%
	AOS	D	0.04%
	LBRDK	F	0.04%
	NET	D	0.04%
	HEI	B	0.04%
	CBOE	C	0.04%
	ARMK	B	0.04%
	WYNN	D	0.03%
	WLK	D	0.03%
	CACI	B	0.03%
	ITT	B	0.03%
	BIO	C	0.03%
	ABNB	D	0.03%
	MTCH	C	0.03%
	LNW	B	0.03%
	CZR	C	0.03%
	Z	B	0.03%
	MIDD	D	0.03%
	WSC	D	0.03%
	PAYC	D	0.03%
	JAZZ	D	0.03%
	FRT	C	0.03%
	GPK	B	0.03%
	EXAS	C	0.03%
	UHAL	A	0.03%
	TWLO	D	0.03%
	MORN	C	0.03%
	BLD	D	0.03%
	PSTG	F	0.03%
	TW	B	0.03%
	DAY	D	0.03%
	HOOD	C	0.03%
	RRX	C	0.03%
	OKTA	F	0.03%
	NBIX	F	0.03%
	ZS	F	0.03%
	GNTX	F	0.03%
	SMCI	F	0.03%
	RNR	C	0.03%
	TEAM	D	0.03%
	KNX	C	0.03%
	CUBE	B	0.03%
	ALGN	D	0.03%
	LAD	D	0.03%
	PINS	F	0.03%
	HEI	B	0.03%
	LAMR	B	0.03%
	WMS	D	0.03%
	INCY	C	0.03%
	CLH	A	0.03%
	TXRH	C	0.03%
	WEX	C	0.03%
	ZM	C	0.03%
	DKNG	C	0.03%
	DT	C	0.03%
	TTEK	C	0.03%
	LVS	D	0.03%
	WPC	C	0.03%
	TECH	C	0.03%
	CHDN	C	0.03%
	BJ	D	0.03%
	BWA	D	0.03%
	BXP	B	0.03%
	DOC	C	0.03%
	AMH	C	0.03%
	PCTY	C	0.02%
	MEDP	F	0.02%
	DLB	D	0.02%
	WWD	D	0.02%
	SNAP	F	0.02%
	OHI	B	0.02%
	FIVE	D	0.02%
	TPX	C	0.02%
	DOCU	C	0.02%
	COLD	D	0.02%
	OLED	C	0.02%
	EGP	B	0.02%
	ETSY	F	0.02%
	CVNA	B	0.02%
	SRPT	D	0.02%
	RGEN	F	0.02%
	SOLV	C	0.02%
	KNSL	C	0.02%
	REXR	C	0.02%
	TOL	B	0.02%
	DBX	D	0.02%
	DCI	C	0.02%
	CLF	F	0.02%
	SKX	D	0.02%
	IBKR	B	0.02%
	WCC	D	0.02%
	ROKU	C	0.02%
	SWN	D	0.02%
	CW	B	0.02%
	KBR	D	0.02%
	COIN	F	0.02%
	XPO	D	0.02%
	BSY	D	0.02%
	UAL	C	0.02%
	GLOB	D	0.02%
	CHE	C	0.02%
	PRI	B	0.02%
	GWRE	A	0.02%
	SAIA	D	0.02%
	NNN	C	0.02%
	H	C	0.02%
	BRKR	D	0.02%
	S	C	0.01%
	RBLX	B	0.01%
	TKO	B	0.01%
	PVH	F	0.01%
	SOFI	C	0.01%
	CFLT	F	0.01%
	BRBR	C	0.01%
	AAL	D	0.01%
	AFRM	C	0.01%
	SN	B	0.01%
	ELF	F	0.01%
	ELAN	D	0.01%
	RBC	C	0.01%
	FN	D	0.01%
	MKSI	F	0.01%
	LEN	B	0.01%
	COTY	F	0.01%
	APG	D	0.01%
	CIEN	C	0.01%
	PEN	D	0.01%
	X	F	0.01%
	GFS	F	0.01%
	SSD	D	0.01%
	CELH	F	0.01%
	BWXT	D	0.01%
	PCVX	C	0.01%
	AYI	B	0.01%
	NYT	C	0.01%
	GTLB	D	0.01%
	COKE	C	0.01%
	EXP	B	0.01%
	NTRA	C	0.01%
	ONTO	D	0.01%
	EDR	A	0.01%
	RIVN	F	0.01%
	PATH	D	0.01%
	U	D	0.01%
	TREX	D	0.01%
	WING	B	0.01%
	PCOR	F	0.01%
	WMG	D	0.01%
	FIX	B	0.01%
	COHR	C	0.01%
	SITE	C	0.01%
	TOST	C	0.01%
	NWS	D	0.01%
	IOT	B	0.01%
	AR	F	0.01%
	ACHC	C	0.01%
	MUSA	D	0.01%
	SNX	D	0.01%
	FTI	D	0.01%
	CNM	F	0.01%
	NTNX	C	0.01%
	LSCC	D	0.01%
	EHC	C	0.01%
	INFA	D	0.0%
	BIRK	F	0.0%
	PPC	D	0.0%
	W	D	0.0%
	APPF	D	0.0%
	UHAL	A	0.0%
	SUM	D	0.0%
	LBRDA	F	0.0%
	PSN	B	0.0%
	RKT	C	0.0%
	AMKR	F	0.0%
	ESTC	F	0.0%
	DUOL	B	0.0%
	VKTX	C	0.0%
	CHWY	C	0.0%
	ZG	B	0.0%

JHML Underweight 276 Positions Relative to VYM

	Symbol	Grade	Weight
	CCEP	B	-0.09%
	BAP	B	-0.07%
	BERY	B	-0.05%
	HRB	C	-0.05%
	WAL	B	-0.05%
	EVR	A	-0.05%
	CNH	D	-0.05%
	CHRD	F	-0.05%
	WH	B	-0.04%
	AXS	B	-0.04%
	ONB	C	-0.04%
	R	A	-0.04%
	VFC	C	-0.04%
	FAF	B	-0.04%
	RLI	B	-0.04%
	FLS	D	-0.04%
	PB	B	-0.04%
	CFR	C	-0.04%
	ESNT	B	-0.04%
	SNV	C	-0.04%
	MTG	B	-0.04%
	JXN	A	-0.04%
	CRS	B	-0.04%
	OSK	F	-0.04%
	ZION	D	-0.04%
	SSB	B	-0.04%
	BPOP	C	-0.04%
	XP	D	-0.04%
	CMA	B	-0.04%
	CBSH	C	-0.04%
	DTM	B	-0.04%
	OGE	C	-0.04%
	AVNT	B	-0.03%
	MGY	C	-0.03%
	SWX	C	-0.03%
	PII	D	-0.03%
	GAP	F	-0.03%
	HOG	C	-0.03%
	NJR	B	-0.03%
	OZK	D	-0.03%
	HWC	D	-0.03%
	UMBF	B	-0.03%
	PIPR	B	-0.03%
	MC	B	-0.03%
	FFIN	B	-0.03%
	SLM	D	-0.03%
	POR	C	-0.03%
	AL	D	-0.03%
	JHG	B	-0.03%
	AVT	C	-0.03%
	AM	C	-0.03%
	GATX	D	-0.03%
	SEE	D	-0.03%
	IDA	C	-0.03%
	UBSI	B	-0.03%
	THG	B	-0.03%
	HOMB	B	-0.03%
	UGI	C	-0.03%
	COLB	B	-0.03%
	MDU	C	-0.03%
	WHR	D	-0.03%
	BC	C	-0.03%
	NXST	D	-0.03%
	FNB	C	-0.03%
	MUR	F	-0.03%
	GBCI	B	-0.03%
	RDN	C	-0.03%
	NFG	B	-0.03%
	LNC	D	-0.03%
	SON	C	-0.03%
	OMF	D	-0.03%
	CBT	B	-0.03%
	BCPC	C	-0.03%
	OGN	D	-0.03%
	CADE	C	-0.03%
	MGRC	F	-0.02%
	TRN	D	-0.02%
	INDB	C	-0.02%
	YOU	C	-0.02%
	AAP	F	-0.02%
	SPB	C	-0.02%
	SLVM	B	-0.02%
	BKU	C	-0.02%
	RRR	D	-0.02%
	LCII	C	-0.02%
	CC	F	-0.02%
	CACC	F	-0.02%
	CALM	A	-0.02%
	WEN	C	-0.02%
	NWL	C	-0.02%
	AVA	C	-0.02%
	BTU	D	-0.02%
	AWR	B	-0.02%
	CATY	C	-0.02%
	TNL	D	-0.02%
	CCOI	C	-0.02%
	SMG	C	-0.02%
	IRDM	D	-0.02%
	FHB	D	-0.02%
	AROC	D	-0.02%
	MGEE	B	-0.02%
	HP	F	-0.02%
	CWT	C	-0.02%
	CBU	C	-0.02%
	SHOO	B	-0.02%
	EBC	B	-0.02%
	SXT	C	-0.02%
	GLNG	C	-0.02%
	LANC	D	-0.02%
	STNG	D	-0.02%
	NWE	B	-0.02%
	IBOC	D	-0.02%
	NSP	F	-0.02%
	ASB	D	-0.02%
	OTTR	F	-0.02%
	FULT	D	-0.02%
	WD	A	-0.02%
	AUB	D	-0.02%
	MAN	C	-0.02%
	PBF	F	-0.02%
	FBP	C	-0.02%
	ABM	D	-0.02%
	SR	B	-0.02%
	CRC	C	-0.02%
	ALE	B	-0.02%
	HUN	D	-0.02%
	DNB	C	-0.02%
	UCBI	B	-0.02%
	PTEN	F	-0.02%
	PNM	B	-0.02%
	VLY	C	-0.02%
	CNO	B	-0.02%
	KMPR	D	-0.02%
	KFY	B	-0.02%
	MSM	D	-0.02%
	SEM	D	-0.02%
	OGS	B	-0.02%
	PRGO	D	-0.02%
	NOG	D	-0.02%
	BKH	B	-0.02%
	SFBS	B	-0.02%
	WU	F	-0.02%
	KTB	B	-0.02%
	TPG	B	-0.02%
	AGO	C	-0.02%
	M	F	-0.02%
	FLO	C	-0.02%
	BRKL	C	-0.01%
	DLX	D	-0.01%
	FG	D	-0.01%
	CWEN	C	-0.01%
	EMBC	C	-0.01%
	JACK	F	-0.01%
	FDP	C	-0.01%
	MATV	C	-0.01%
	DDS	F	-0.01%
	WMK	C	-0.01%
	KLG	C	-0.01%
	SRCE	C	-0.01%
	KALU	F	-0.01%
	BHLB	B	-0.01%
	EIG	C	-0.01%
	KW	C	-0.01%
	SAFT	D	-0.01%
	BKE	B	-0.01%
	DK	F	-0.01%
	OXM	F	-0.01%
	UVV	D	-0.01%
	SCS	D	-0.01%
	XRX	D	-0.01%
	WABC	D	-0.01%
	SFL	F	-0.01%
	SASR	B	-0.01%
	BLMN	F	-0.01%
	NAVI	C	-0.01%
	CSGS	C	-0.01%
	VRTS	F	-0.01%
	HMN	D	-0.01%
	DAN	F	-0.01%
	HOPE	B	-0.01%
	AY	C	-0.01%
	GBX	C	-0.01%
	APOG	B	-0.01%
	WOR	D	-0.01%
	BHE	D	-0.01%
	HTH	C	-0.01%
	SYBT	A	-0.01%
	HEES	D	-0.01%
	PZZA	D	-0.01%
	NWN	C	-0.01%
	GEF	D	-0.01%
	STBA	B	-0.01%
	TROX	F	-0.01%
	LEG	D	-0.01%
	WGO	D	-0.01%
	WLY	C	-0.01%
	REYN	C	-0.01%
	CHCO	B	-0.01%
	FCF	C	-0.01%
	LZB	C	-0.01%
	NTB	C	-0.01%
	NWBI	C	-0.01%
	MCY	D	-0.01%
	PDCO	F	-0.01%
	WSBC	D	-0.01%
	B	D	-0.01%
	NMRK	A	-0.01%
	CAKE	C	-0.01%
	TNC	F	-0.01%
	SJW	C	-0.01%
	RNST	D	-0.01%
	CABO	F	-0.01%
	TRMK	C	-0.01%
	BANR	B	-0.01%
	KMT	B	-0.01%
	MLKN	D	-0.01%
	IBTX	B	-0.01%
	SBLK	D	-0.01%
	STRA	F	-0.01%
	ADTN	D	-0.01%
	BANF	B	-0.01%
	KSS	F	-0.01%
	PHIN	B	-0.01%
	VGR	B	-0.01%
	NBTB	D	-0.01%
	JWN	C	-0.01%
	FRME	D	-0.01%
	SBCF	C	-0.01%
	HI	F	-0.01%
	ENR	D	-0.01%
	TDS	C	-0.01%
	HTLF	B	-0.01%
	ARCH	F	-0.01%
	CRI	D	-0.01%
	PFS	B	-0.01%
	BOKF	B	-0.01%
	CWEN	C	-0.01%
	TOWN	B	-0.01%
	PINC	C	-0.01%
	PPBI	D	-0.01%
	CVBF	D	-0.01%
	FIBK	B	-0.01%
	TGNA	D	-0.01%
	CNS	B	-0.01%
	WAFD	C	-0.01%
	FFBC	D	-0.01%
	PRK	C	-0.01%
	VIRT	C	-0.01%
	NOMD	B	-0.01%
	IGT	D	-0.01%
	VSH	F	-0.01%
	HNI	C	-0.01%
	CPK	B	-0.01%
	BOH	D	-0.01%
	VAC	F	-0.01%
	APAM	C	-0.01%
	JJSF	C	-0.01%
	SFNC	B	-0.01%
	TTEC	F	-0.0%
	MEI	D	-0.0%
	LSXMK	D	-0.0%
	GTN	D	-0.0%
	NUS	F	-0.0%
	RBCAA	B	-0.0%
	GES	F	-0.0%
	SIRI	C	-0.0%
	ALGT	F	-0.0%
	TFSL	C	-0.0%
	RGR	D	-0.0%
	SCHL	D	-0.0%
	MATW	F	-0.0%
	CFFN	D	-0.0%
	MNRO	D	-0.0%
	CBRL	D	-0.0%
	CVI	F	-0.0%
	SSTK	F	-0.0%

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

VYM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric Asset Management Oil & Gas E&P Packaged Foods Insurance - Property & Casualty Utilities - Diversified Utilities - Regulated Gas Diversified Industrials Restaurants Semiconductors Specialty Chemicals Insurance - Life Capital Markets Chemicals Credit Services Drug Manufacturers - Major Household & Personal Products Insurance - Diversified Oil & Gas Refining & Marketing

Keywords: S&P 500 Bank Banking Natural Gas Insurance Deposit Products Electricity Commercial Banking Nasdaq 100 Real Estate Loans Investment Bank Investment Management Mining Commercial Bank Insurance Products Chemical Life Insurance Trust Services Cash Management Aerospace