JHMM vs. JVAL ETF Comparison

Comparison of John Hancock Multifactor Mid Cap ETF (JHMM) to JPMorgan U.S. Value Factor ETF (JVAL)

JHMM

John Hancock Multifactor Mid Cap ETF

JHMM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid 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 between the 200th and 951st largest U.S. Company at the time of reconstitution.

Grade (RS Rating)

Last Trade

$59.84

Average Daily Volume

144,967

Number of Holdings ^*

638

* may have additional holdings in another (foreign) market

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$43.57

Average Daily Volume

153,379

Number of Holdings ^*

359

* may have additional holdings in another (foreign) market

Performance

Period	JHMM	JVAL
30 Days	2.15%	1.28%
60 Days	4.31%	2.17%
90 Days	7.07%	5.10%
12 Months	22.49%	23.08%

213 Overlapping Holdings

	Symbol	Grade	Weight in JHMM	Weight in JVAL	Overlap
	ACI	F	0.1%	0.17%	0.1%
	ADTN	F	0.05%	0.07%	0.05%
	AGCO	D	0.13%	0.18%	0.13%
	AGR	B	0.03%	0.11%	0.03%
	AKAM	D	0.23%	0.22%	0.22%
	ALGM	F	0.02%	0.08%	0.02%
	ALLY	F	0.24%	0.2%	0.2%
	ALSN	B	0.12%	0.26%	0.12%
	AMCR	C	0.17%	0.27%	0.17%
	AN	D	0.2%	0.19%	0.19%
	ANSS	F	0.32%	0.18%	0.18%
	APP	B	0.14%	0.3%	0.14%
	ARMK	B	0.18%	0.14%	0.14%
	ARW	C	0.21%	0.21%	0.21%
	AYI	B	0.14%	0.16%	0.14%
	BAX	C	0.09%	0.16%	0.09%
	BBWI	F	0.07%	0.11%	0.07%
	BBY	B	0.29%	0.28%	0.28%
	BC	C	0.13%	0.2%	0.13%
	BEN	F	0.08%	0.14%	0.08%
	BERY	B	0.19%	0.21%	0.19%
	BG	D	0.22%	0.13%	0.13%
	BLDR	C	0.35%	0.26%	0.26%
	BOKF	B	0.04%	0.09%	0.04%
	BPOP	C	0.12%	0.25%	0.12%
	BRX	B	0.09%	0.01%	0.01%
	BSY	D	0.09%	0.11%	0.09%
	BWA	D	0.15%	0.15%	0.15%
	BYD	C	0.07%	0.16%	0.07%
	CACC	D	0.05%	0.14%	0.05%
	CACI	B	0.18%	0.25%	0.18%
	CAG	B	0.15%	0.28%	0.15%
	CCK	A	0.17%	0.26%	0.17%
	CDW	D	0.35%	0.28%	0.28%
	CE	D	0.13%	0.04%	0.04%
	CF	B	0.17%	0.05%	0.05%
	CFG	D	0.21%	0.3%	0.21%
	CHK	D	0.2%	0.19%	0.19%
	CIVI	F	0.07%	0.1%	0.07%
	CLF	F	0.13%	0.02%	0.02%
	CMA	B	0.15%	0.2%	0.15%
	CMI	C	0.16%	0.36%	0.16%
	COHR	B	0.2%	0.2%	0.2%
	CPB	B	0.13%	0.23%	0.13%
	CPRI	D	0.1%	0.11%	0.1%
	CR	C	0.1%	0.01%	0.01%
	CRBG	D	0.08%	0.16%	0.08%
	CROX	C	0.12%	0.14%	0.12%
	CTRA	F	0.2%	0.22%	0.2%
	CZR	C	0.12%	0.1%	0.1%
	DAL	C	0.09%	0.21%	0.09%
	DAY	D	0.13%	0.14%	0.13%
	DBX	D	0.11%	0.22%	0.11%
	DD	B	0.13%	0.31%	0.13%
	DGX	B	0.36%	0.27%	0.27%
	DINO	D	0.11%	0.18%	0.11%
	DKS	D	0.2%	0.23%	0.2%
	DLB	D	0.09%	0.18%	0.09%
	DOCU	C	0.12%	0.14%	0.12%
	DOV	B	0.35%	0.28%	0.28%
	DOX	C	0.23%	0.23%	0.23%
	DRI	C	0.23%	0.24%	0.23%
	DT	C	0.1%	0.15%	0.1%
	DV	F	0.01%	0.1%	0.01%
	EBAY	B	0.33%	0.34%	0.33%
	EHC	B	0.2%	0.15%	0.15%
	ENTG	D	0.2%	0.13%	0.13%
	EPAM	D	0.12%	0.17%	0.12%
	EQR	B	0.15%	0.03%	0.03%
	ETR	A	0.35%	0.31%	0.31%
	EVRG	A	0.23%	0.27%	0.23%
	FAF	B	0.13%	0.22%	0.13%
	FANG	D	0.37%	0.06%	0.06%
	FFIV	A	0.25%	0.25%	0.25%
	FHN	D	0.1%	0.15%	0.1%
	FITB	B	0.34%	0.3%	0.3%
	FMC	C	0.07%	0.13%	0.07%
	FOXA	B	0.18%	0.26%	0.18%
	G	C	0.12%	0.12%	0.12%
	GAP	F	0.04%	0.16%	0.04%
	GDDY	C	0.23%	0.29%	0.23%
	GLOB	D	0.13%	0.15%	0.13%
	GLPI	B	0.14%	0.13%	0.13%
	GLW	B	0.3%	0.33%	0.3%
	GNTX	F	0.13%	0.18%	0.13%
	GPC	D	0.23%	0.22%	0.22%
	GPK	B	0.16%	0.24%	0.16%
	GRMN	D	0.28%	0.32%	0.28%
	HBAN	B	0.23%	0.26%	0.23%
	HII	C	0.18%	0.22%	0.18%
	HPE	D	0.27%	0.22%	0.22%
	HPQ	D	0.1%	0.3%	0.1%
	HRB	C	0.12%	0.27%	0.12%
	HSIC	C	0.19%	0.07%	0.07%
	HST	D	0.12%	0.08%	0.08%
	INFA	D	0.01%	0.05%	0.01%
	INGR	A	0.18%	0.16%	0.16%
	IP	B	0.27%	0.24%	0.24%
	IPG	C	0.23%	0.19%	0.19%
	IT	B	0.4%	0.24%	0.24%
	IVZ	C	0.12%	0.17%	0.12%
	JAZZ	D	0.13%	0.09%	0.09%
	JBL	D	0.21%	0.18%	0.18%
	JEF	B	0.19%	0.22%	0.19%
	K	A	0.2%	0.2%	0.2%
	KBR	D	0.12%	0.21%	0.12%
	KEY	B	0.2%	0.19%	0.19%
	KIM	B	0.16%	0.24%	0.16%
	KR	B	0.26%	0.31%	0.26%
	LAD	C	0.15%	0.17%	0.15%
	LDOS	C	0.22%	0.28%	0.22%
	LEA	D	0.13%	0.15%	0.13%
	LEN	B	0.03%	0.38%	0.03%
	LEN	B	0.54%	0.38%	0.38%
	LKQ	D	0.17%	0.18%	0.17%
	LYB	F	0.21%	0.28%	0.21%
	MGM	D	0.12%	0.17%	0.12%
	MOS	F	0.12%	0.2%	0.12%
	MPWR	C	0.44%	0.23%	0.23%
	MRO	D	0.25%	0.24%	0.24%
	MSM	D	0.05%	0.18%	0.05%
	MTB	B	0.31%	0.23%	0.23%
	MTCH	C	0.09%	0.22%	0.09%
	MTN	D	0.12%	0.09%	0.09%
	MUSA	C	0.15%	0.18%	0.15%
	NNN	B	0.1%	0.13%	0.1%
	NTAP	D	0.33%	0.26%	0.26%
	NVR	B	0.43%	0.23%	0.23%
	NVT	D	0.16%	0.03%	0.03%
	NWSA	D	0.19%	0.22%	0.19%
	NXST	D	0.15%	0.23%	0.15%
	OC	C	0.35%	0.22%	0.22%
	OGE	B	0.16%	0.25%	0.16%
	OHI	A	0.11%	0.25%	0.11%
	OKTA	F	0.08%	0.12%	0.08%
	OLED	C	0.17%	0.22%	0.17%
	OMC	A	0.27%	0.27%	0.27%
	OMF	C	0.05%	0.17%	0.05%
	ONTO	F	0.12%	0.11%	0.11%
	ORI	A	0.19%	0.26%	0.19%
	OSK	D	0.13%	0.2%	0.13%
	OVV	D	0.17%	0.18%	0.17%
	PAG	D	0.07%	0.18%	0.07%
	PARA	F	0.05%	0.12%	0.05%
	PATH	D	0.04%	0.12%	0.04%
	PAYC	D	0.09%	0.21%	0.09%
	PB	B	0.1%	0.14%	0.1%
	PFG	B	0.25%	0.24%	0.24%
	PHM	B	0.54%	0.33%	0.33%
	PII	D	0.09%	0.11%	0.09%
	PKG	B	0.25%	0.28%	0.25%
	PNR	B	0.23%	0.27%	0.23%
	PNW	B	0.19%	0.26%	0.19%
	POOL	C	0.17%	0.14%	0.14%
	POST	C	0.13%	0.15%	0.13%
	PPL	C	0.21%	0.3%	0.21%
	PSN	B	0.04%	0.14%	0.04%
	PTC	D	0.23%	0.16%	0.16%
	PVH	F	0.07%	0.16%	0.07%
	QRVO	F	0.21%	0.18%	0.18%
	REG	C	0.14%	0.14%	0.14%
	RF	B	0.27%	0.24%	0.24%
	RGA	B	0.25%	0.09%	0.09%
	RHI	D	0.13%	0.17%	0.13%
	RL	B	0.12%	0.21%	0.12%
	RS	D	0.23%	0.24%	0.23%
	SAIC	C	0.13%	0.25%	0.13%
	SCI	B	0.3%	0.25%	0.25%
	SJM	C	0.14%	0.18%	0.14%
	SMAR	B	0.06%	0.09%	0.06%
	SNA	B	0.22%	0.25%	0.22%
	SNX	D	0.08%	0.19%	0.08%
	SON	C	0.12%	0.14%	0.12%
	SSNC	B	0.23%	0.29%	0.23%
	ST	D	0.13%	0.19%	0.13%
	STT	A	0.27%	0.28%	0.27%
	SWK	B	0.19%	0.14%	0.14%
	SWKS	F	0.23%	0.21%	0.21%
	SYF	C	0.34%	0.28%	0.28%
	TAP	C	0.14%	0.2%	0.14%
	TER	D	0.28%	0.24%	0.24%
	TFX	C	0.18%	0.1%	0.1%
	THC	B	0.28%	0.21%	0.21%
	THO	D	0.06%	0.18%	0.06%
	TOL	B	0.32%	0.28%	0.28%
	TPR	C	0.2%	0.21%	0.2%
	TSN	C	0.17%	0.11%	0.11%
	TWLO	D	0.12%	0.23%	0.12%
	TXT	D	0.2%	0.19%	0.19%
	TYL	C	0.27%	0.2%	0.2%
	U	D	0.05%	0.11%	0.05%
	UAL	B	0.06%	0.17%	0.06%
	UGI	C	0.11%	0.22%	0.11%
	UHAL	B	0.01%	0.05%	0.01%
	UHAL	B	0.12%	0.05%	0.05%
	UHS	B	0.38%	0.28%	0.28%
	UNM	B	0.17%	0.26%	0.17%
	UTHR	C	0.36%	0.23%	0.23%
	VICI	C	0.2%	0.34%	0.2%
	VRSN	D	0.15%	0.15%	0.15%
	VRT	C	0.25%	0.26%	0.25%
	VTRS	C	0.27%	0.22%	0.22%
	WAL	B	0.16%	0.21%	0.16%
	WBS	C	0.13%	0.13%	0.13%
	WCC	C	0.17%	0.2%	0.17%
	WH	B	0.12%	0.11%	0.11%
	WHR	D	0.1%	0.18%	0.1%
	WPC	B	0.09%	0.1%	0.09%
	WSM	C	0.33%	0.23%	0.23%
	ZBH	F	0.26%	0.17%	0.17%
	ZI	D	0.02%	0.12%	0.02%
	ZION	D	0.14%	0.15%	0.14%
	ZM	C	0.12%	0.26%	0.12%

JHMM Overweight 425 Positions Relative to JVAL

	Symbol	Grade	Weight
	URI	B	0.62%
	HIG	A	0.55%
	AMP	B	0.5%
	FICO	A	0.46%
	AME	C	0.41%
	ACGL	B	0.4%
	HWM	B	0.39%
	TRGP	B	0.39%
	PWR	B	0.39%
	EIX	C	0.39%
	FAST	C	0.39%
	RMD	C	0.38%
	TSCO	C	0.38%
	VST	C	0.38%
	WAB	A	0.37%
	VRSK	D	0.36%
	FLEX	C	0.36%
	CBRE	A	0.36%
	FSLR	C	0.34%
	KEYS	C	0.33%
	EXR	B	0.33%
	IRM	B	0.33%
	OKE	B	0.33%
	WTW	B	0.32%
	EFX	C	0.32%
	LNG	D	0.32%
	FNF	A	0.32%
	FCNCA	D	0.31%
	MTD	D	0.31%
	ROK	D	0.31%
	IR	C	0.3%
	HUBB	B	0.3%
	DECK	C	0.3%
	ZBRA	B	0.3%
	TTWO	D	0.29%
	CAH	C	0.29%
	NDAQ	B	0.29%
	EQH	C	0.29%
	BR	D	0.29%
	TTD	B	0.29%
	MOH	C	0.28%
	HOLX	B	0.28%
	MLM	D	0.28%
	CSL	C	0.28%
	STE	C	0.28%
	NI	B	0.28%
	RCL	B	0.28%
	BAH	B	0.27%
	STLD	D	0.27%
	WDC	D	0.27%
	RJF	C	0.26%
	USFD	B	0.26%
	XYL	D	0.26%
	EME	B	0.26%
	CASY	D	0.26%
	BKR	D	0.25%
	JNPR	A	0.25%
	CNP	C	0.25%
	PCG	C	0.25%
	DFS	C	0.25%
	LII	B	0.25%
	FE	C	0.24%
	BRO	C	0.24%
	WEC	B	0.24%
	BURL	B	0.24%
	DTE	B	0.24%
	EXPD	B	0.24%
	AVY	D	0.23%
	CHD	C	0.23%
	JLL	B	0.23%
	VMC	D	0.23%
	WST	D	0.23%
	CPAY	B	0.23%
	AEE	B	0.23%
	CMS	A	0.22%
	EWBC	C	0.22%
	ALNY	B	0.22%
	MANH	B	0.22%
	TDY	C	0.22%
	ULTA	D	0.22%
	AWK	A	0.22%
	CINF	B	0.21%
	NRG	C	0.21%
	FDS	C	0.21%
	TPL	C	0.21%
	MKL	C	0.21%
	GWRE	A	0.21%
	AVTR	B	0.21%
	BALL	C	0.21%
	ALLE	B	0.21%
	LPLA	D	0.21%
	ACM	B	0.21%
	CLH	B	0.21%
	BLD	D	0.21%
	WAT	C	0.2%
	L	B	0.2%
	FTV	C	0.2%
	STX	D	0.2%
	EMN	B	0.2%
	LNT	A	0.2%
	WRB	C	0.2%
	HAL	F	0.19%
	JKHY	B	0.19%
	TROW	D	0.19%
	AFG	B	0.19%
	ES	C	0.19%
	AXON	B	0.19%
	ATO	B	0.19%
	CLX	C	0.19%
	RNR	B	0.19%
	ITT	C	0.19%
	DLTR	F	0.18%
	AIZ	B	0.18%
	GL	C	0.18%
	CIEN	C	0.18%
	JBHT	D	0.18%
	DVA	B	0.18%
	KMX	D	0.18%
	TRMB	C	0.18%
	NTRS	B	0.18%
	BJ	D	0.18%
	PFGC	B	0.18%
	MAS	B	0.18%
	CRL	D	0.18%
	RPM	B	0.18%
	WSO	C	0.17%
	EG	B	0.17%
	PSTG	F	0.17%
	HAS	B	0.17%
	ATR	B	0.17%
	CHRW	B	0.17%
	HUBS	D	0.17%
	AVB	B	0.17%
	VTR	C	0.17%
	IFF	B	0.17%
	MKC	B	0.17%
	WY	C	0.17%
	GGG	C	0.17%
	UDR	B	0.16%
	SKX	C	0.16%
	CW	B	0.16%
	TXRH	D	0.16%
	IEX	D	0.16%
	EXPE	C	0.16%
	AES	C	0.16%
	NDSN	C	0.16%
	WMS	D	0.16%
	TRU	B	0.16%
	DCI	D	0.16%
	BMRN	F	0.16%
	ALV	F	0.16%
	SF	A	0.16%
	ARES	B	0.16%
	TECH	C	0.16%
	AOS	C	0.16%
	MKSI	F	0.15%
	CHE	C	0.15%
	DPZ	F	0.15%
	CBOE	C	0.15%
	NBIX	F	0.15%
	X	D	0.15%
	HOOD	C	0.15%
	FND	C	0.15%
	CTLT	B	0.15%
	ERIE	A	0.15%
	TTEK	C	0.15%
	WWD	D	0.15%
	KNX	C	0.15%
	EXEL	B	0.15%
	KNSL	C	0.14%
	LAMR	A	0.14%
	LECO	F	0.14%
	ELS	C	0.14%
	CHDN	C	0.14%
	AMH	C	0.14%
	CPT	B	0.14%
	TTC	D	0.14%
	SEIC	B	0.14%
	PRI	B	0.14%
	ACHC	C	0.14%
	SWN	D	0.14%
	IBKR	B	0.14%
	EQT	D	0.14%
	XPO	D	0.14%
	RRX	C	0.14%
	INVH	C	0.14%
	ENPH	C	0.13%
	CBSH	C	0.13%
	MIDD	C	0.13%
	SAIA	D	0.13%
	MAA	B	0.13%
	ENSG	C	0.13%
	WEX	C	0.13%
	VOYA	A	0.13%
	LNW	B	0.13%
	J	D	0.13%
	ARE	B	0.13%
	NYT	C	0.13%
	MHK	B	0.13%
	AXTA	C	0.13%
	WSC	D	0.13%
	ESS	B	0.13%
	LFUS	D	0.13%
	CUBE	B	0.13%
	EXAS	C	0.13%
	FIX	B	0.13%
	HEI	B	0.12%
	GMED	D	0.12%
	ALGN	D	0.12%
	ELAN	D	0.12%
	SUI	B	0.12%
	CCL	C	0.12%
	BXP	B	0.12%
	RGLD	B	0.12%
	PODD	B	0.12%
	UFPI	C	0.12%
	ROL	C	0.12%
	LW	D	0.12%
	MKTX	C	0.12%
	BRKR	D	0.12%
	MORN	C	0.11%
	LYV	B	0.11%
	EXP	B	0.11%
	BIO	C	0.11%
	XRAY	D	0.11%
	MEDP	D	0.11%
	INCY	C	0.11%
	FCN	C	0.11%
	HLI	B	0.11%
	HALO	B	0.11%
	DOC	C	0.11%
	GNRC	D	0.11%
	Z	B	0.11%
	AR	D	0.11%
	OLN	D	0.11%
	NTRA	B	0.11%
	REXR	C	0.11%
	RRC	D	0.11%
	WTRG	D	0.11%
	NCLH	C	0.11%
	BWXT	D	0.11%
	LSTR	D	0.11%
	MAT	C	0.11%
	AIT	C	0.11%
	PINS	F	0.1%
	VEEV	C	0.1%
	CFR	C	0.1%
	CMC	D	0.1%
	WTFC	B	0.1%
	COKE	C	0.1%
	APA	F	0.1%
	NET	F	0.1%
	AMG	C	0.1%
	GXO	D	0.1%
	TMHC	B	0.1%
	TREX	F	0.1%
	CGNX	D	0.1%
	DAR	F	0.1%
	RGEN	F	0.1%
	PNFP	B	0.1%
	MTZ	B	0.1%
	FRT	C	0.1%
	TPX	C	0.1%
	FYBR	C	0.1%
	FTI	D	0.09%
	MASI	D	0.09%
	ESNT	B	0.09%
	LBRDK	D	0.09%
	CG	C	0.09%
	FN	D	0.09%
	COLD	D	0.09%
	NTNX	C	0.09%
	PCTY	C	0.09%
	RBC	C	0.09%
	HQY	C	0.09%
	MUR	D	0.09%
	VVV	D	0.09%
	CHRD	F	0.09%
	SSB	B	0.09%
	TKR	D	0.09%
	HEI	B	0.09%
	MTDR	D	0.09%
	SRPT	F	0.09%
	EGP	B	0.09%
	OPCH	C	0.09%
	MDB	D	0.09%
	APG	D	0.09%
	SSD	C	0.09%
	CNM	F	0.09%
	SBAC	C	0.09%
	DKNG	D	0.09%
	H	C	0.08%
	ALB	F	0.08%
	TOST	B	0.08%
	TW	A	0.08%
	STAG	C	0.08%
	AMKR	F	0.08%
	PLNT	A	0.08%
	LSCC	D	0.08%
	FOX	B	0.08%
	FR	C	0.08%
	ROKU	C	0.08%
	CVNA	B	0.08%
	BFAM	C	0.08%
	SFM	B	0.08%
	MSA	C	0.08%
	SEE	D	0.08%
	NOV	D	0.08%
	DTM	B	0.08%
	NOVT	D	0.08%
	SPSC	D	0.08%
	VLTO	C	0.08%
	SITE	D	0.08%
	EVR	B	0.08%
	NSIT	C	0.08%
	WYNN	D	0.08%
	CHH	C	0.07%
	TKO	B	0.07%
	ADC	C	0.07%
	RPRX	C	0.07%
	BRBR	B	0.07%
	HRL	C	0.07%
	WLK	D	0.07%
	PBF	F	0.07%
	ATI	C	0.07%
	AFRM	C	0.07%
	FIVE	D	0.07%
	WING	B	0.07%
	WBD	D	0.07%
	RLI	B	0.07%
	ZS	F	0.07%
	RBLX	B	0.07%
	PEN	D	0.07%
	WFRD	F	0.07%
	ANF	D	0.06%
	HXL	F	0.06%
	CHX	D	0.06%
	ATKR	F	0.06%
	MLI	B	0.06%
	ETSY	F	0.06%
	EDR	A	0.06%
	BILL	D	0.06%
	HLNE	B	0.06%
	SIGI	C	0.06%
	TNET	D	0.06%
	AAON	B	0.06%
	GTLS	F	0.06%
	NWS	D	0.06%
	MTSI	D	0.06%
	WTS	C	0.06%
	PCOR	F	0.05%
	INSP	C	0.05%
	PR	D	0.05%
	ESTC	F	0.05%
	ESAB	C	0.05%
	TRNO	C	0.05%
	RMBS	F	0.05%
	COTY	F	0.05%
	DUOL	B	0.05%
	QLYS	F	0.05%
	EXLS	C	0.05%
	FLR	D	0.05%
	PCVX	B	0.05%
	ELF	F	0.05%
	IBP	C	0.04%
	RCM	C	0.04%
	IOT	A	0.04%
	IONS	F	0.04%
	ALTR	C	0.04%
	LUV	C	0.04%
	GTLB	D	0.04%
	SN	B	0.04%
	CSGP	D	0.04%
	SOFI	C	0.04%
	VNT	D	0.04%
	ITCI	D	0.04%
	SNAP	F	0.04%
	AM	B	0.04%
	FLS	D	0.04%
	W	D	0.03%
	SUM	C	0.03%
	AZEK	C	0.03%
	NEU	D	0.03%
	REYN	C	0.03%
	CFLT	F	0.03%
	TENB	D	0.03%
	LEVI	C	0.03%
	CYTK	F	0.03%
	WMG	D	0.03%
	ESI	D	0.03%
	RHP	D	0.03%
	S	C	0.03%
	CELH	F	0.03%
	ZWS	B	0.03%
	APPF	D	0.03%
	ENLC	B	0.03%
	FOUR	C	0.03%
	PPC	D	0.03%
	LYFT	D	0.02%
	ZG	B	0.02%
	RRR	D	0.02%
	FRSH	F	0.02%
	CRSP	F	0.02%
	MARA	F	0.02%
	LANC	D	0.02%
	CNA	C	0.02%
	BPMC	D	0.02%
	AAL	D	0.02%
	DDS	D	0.02%
	APLS	F	0.02%
	VKTX	C	0.02%
	HCP	A	0.02%
	BROS	D	0.01%
	BIRK	D	0.01%
	CHWY	C	0.01%
	BRZE	F	0.01%
	UI	B	0.01%
	NFE	F	0.01%
	TXG	D	0.01%
	RKT	B	0.01%
	LBRDA	D	0.01%
	BECN	D	0.01%
	BBIO	D	0.01%
	UWMC	C	0.0%
	KNTK	B	0.0%

JHMM Underweight 148 Positions Relative to JVAL

	Symbol	Grade	Weight
	AAPL	D	-2.02%
	UNH	C	-2.0%
	META	A	-1.95%
	MSFT	C	-1.81%
	GOOGL	D	-1.64%
	AVGO	C	-1.56%
	JNJ	B	-1.48%
	ORCL	B	-0.98%
	ADBE	D	-0.94%
	IBM	B	-0.89%
	MRK	D	-0.87%
	TXN	C	-0.85%
	CRM	D	-0.85%
	HD	B	-0.82%
	PFE	C	-0.81%
	INTU	D	-0.8%
	QCOM	D	-0.79%
	CAT	C	-0.78%
	AMGN	B	-0.77%
	T	B	-0.76%
	CVX	D	-0.68%
	CSCO	B	-0.68%
	AMAT	D	-0.65%
	ELV	C	-0.65%
	PM	C	-0.61%
	MDT	C	-0.61%
	C	D	-0.58%
	MO	C	-0.57%
	ADI	D	-0.57%
	CI	C	-0.56%
	KLAC	D	-0.51%
	RTX	C	-0.51%
	GILD	B	-0.51%
	CMCSA	D	-0.49%
	BMY	C	-0.47%
	PANW	D	-0.46%
	LRCX	F	-0.45%
	FDX	C	-0.45%
	DHI	B	-0.45%
	APH	D	-0.43%
	TFC	D	-0.43%
	CVS	D	-0.42%
	BK	A	-0.41%
	GD	B	-0.41%
	ROP	C	-0.4%
	BAC	D	-0.39%
	COF	C	-0.39%
	MPC	D	-0.39%
	USB	B	-0.39%
	MRVL	C	-0.38%
	INTC	F	-0.38%
	AIG	D	-0.37%
	JCI	B	-0.37%
	GM	B	-0.37%
	MU	F	-0.37%
	PSX	D	-0.37%
	GIS	B	-0.36%
	ED	C	-0.36%
	TGT	C	-0.36%
	PRU	C	-0.35%
	KMI	A	-0.35%
	CTSH	C	-0.34%
	PCAR	D	-0.34%
	SPG	B	-0.33%
	F	D	-0.31%
	KHC	C	-0.31%
	WDAY	D	-0.3%
	LHX	D	-0.3%
	MCHP	D	-0.3%
	ADSK	B	-0.29%
	NUE	F	-0.29%
	ON	D	-0.28%
	FTNT	C	-0.28%
	HUM	F	-0.27%
	DOW	D	-0.27%
	ADM	D	-0.26%
	MTG	B	-0.26%
	CNC	C	-0.25%
	DASH	C	-0.25%
	HIW	B	-0.25%
	VLO	D	-0.24%
	DNB	C	-0.24%
	SLGN	B	-0.23%
	R	B	-0.23%
	EPR	B	-0.23%
	CRUS	D	-0.23%
	NFG	B	-0.22%
	HOG	C	-0.22%
	WU	D	-0.2%
	CNXC	D	-0.2%
	AVT	D	-0.2%
	CNH	C	-0.2%
	MAN	C	-0.2%
	SNV	C	-0.19%
	CRI	C	-0.19%
	FNB	D	-0.19%
	MDU	B	-0.19%
	AGO	C	-0.18%
	STWD	A	-0.18%
	CLVT	D	-0.18%
	JHG	B	-0.17%
	JWN	B	-0.17%
	DXC	C	-0.17%
	VAC	F	-0.16%
	DELL	D	-0.16%
	M	F	-0.16%
	GFS	F	-0.15%
	COLB	B	-0.15%
	AXS	B	-0.15%
	TNL	D	-0.15%
	APTV	D	-0.15%
	WEN	C	-0.14%
	FIS	B	-0.13%
	PH	B	-0.13%
	AGNC	A	-0.13%
	PK	D	-0.13%
	KRC	B	-0.13%
	PNC	B	-0.12%
	KSS	F	-0.12%
	PEGA	C	-0.12%
	FHB	C	-0.12%
	CUZ	B	-0.12%
	IPGP	F	-0.12%
	VZ	B	-0.12%
	LEG	D	-0.11%
	SPB	B	-0.11%
	NWL	D	-0.11%
	EXC	B	-0.11%
	COLM	B	-0.11%
	IAC	C	-0.11%
	OZK	D	-0.11%
	TDC	F	-0.11%
	PRGO	D	-0.11%
	CWEN	B	-0.1%
	SNDR	B	-0.1%
	D	C	-0.1%
	PINC	C	-0.09%
	AAP	F	-0.08%
	GTES	C	-0.08%
	VFC	C	-0.08%
	DVN	F	-0.08%
	MPW	C	-0.08%
	BDX	F	-0.07%
	OGN	D	-0.07%
	FTRE	F	-0.06%
	SOLV	C	-0.05%
	HUN	D	-0.03%
	LOPE	D	-0.0%

JHMM: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Biotechnology Banks - Regional - US Software - Infrastructure Business Services Oil & Gas E&P Asset Management Specialty Retail Utilities - Regulated Electric Building Materials Packaged Foods Packaging & Containers Scientific & Technical Instruments Engineering & Construction REIT - Residential Specialty Chemicals Capital Markets Diagnostics & Research Information Technology Services

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

JVAL: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Semiconductors Information Technology Services Software - Infrastructure Diversified Industrials Oil & Gas E&P Packaged Foods Packaging & Containers Semiconductor Equipment & Materials Asset Management Specialty Retail Utilities - Regulated Electric Apparel Manufacturing Auto Parts Drug Manufacturers - Major Health Care Plans Internet Content & Information REIT - Retail Credit Services

Keywords: S&P 500 Nasdaq 100 Computing Bank Banking Electronics Semiconductor Insurance Natural Gas Telecommunications Aerospace Integrated Circuits Cloud Computing Dow Jones Component Cash Management Real Estate Investment Trust Work From Home Commercial Banking Electricity Financial Products