JHMM vs. SHUS ETF Comparison

Comparison of John Hancock Multifactor Mid Cap ETF (JHMM) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

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&#39;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

$64.08

Average Daily Volume

180,113

Number of Holdings ^*

639

* may have additional holdings in another (foreign) market

SHUS

Syntax Stratified U.S. Total Market Hedged ETF

SHUS Description

The investment seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500® Index over a full market cycle by investing in ETFs or underlying securities that provide Stratified WeightTM U.S. total equity market exposure to companies in the 1500 while seeking risk-managed growth via a defined risk hedging process. The fund will also invest in index options for risk management purposes and to seek to generate additional returns. Syntax?s Stratified Weight? is designed to correct for business risk concentrations that regularly occur in cap-weighted indices and equal-weighted indices.

Grade (RS Rating)

Last Trade

$44.29

Average Daily Volume

2,444

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	JHMM	SHUS
30 Days	4.90%	2.26%
60 Days	6.55%	3.81%
90 Days	8.03%	5.24%
12 Months	32.38%	15.89%

251 Overlapping Holdings

Symbol	Grade	Weight in JHMM	Weight in SHUS	Overlap
ACGL	C	0.33%	0.14%	0.14%
AEE	A	0.23%	0.08%	0.08%
AES	F	0.12%	0.31%	0.12%
AIZ	A	0.19%	0.2%	0.19%
AKAM	D	0.2%	0.26%	0.2%
ALB	B	0.08%	0.05%	0.05%
ALGN	D	0.1%	0.1%	0.1%
ALLE	C	0.2%	0.07%	0.07%
AMCR	C	0.15%	0.12%	0.12%
AME	A	0.44%	0.12%	0.12%
AMP	A	0.57%	0.09%	0.09%
ANSS	B	0.31%	0.17%	0.17%
AOS	F	0.14%	0.21%	0.14%
APA	D	0.09%	0.07%	0.07%
ARE	F	0.11%	0.1%	0.1%
ATO	A	0.19%	0.32%	0.19%
AVB	B	0.15%	0.1%	0.1%
AVY	F	0.19%	0.06%	0.06%
AWK	C	0.18%	0.32%	0.18%
AXON	A	0.27%	0.09%	0.09%
BALL	F	0.18%	0.12%	0.12%
BAX	F	0.11%	0.05%	0.05%
BBWI	C	0.08%	0.19%	0.08%
BBY	D	0.25%	0.17%	0.17%
BEN	C	0.08%	0.08%	0.08%
BG	D	0.19%	0.36%	0.19%
BKR	A	0.29%	0.35%	0.29%
BLDR	D	0.34%	0.19%	0.19%
BR	A	0.29%	0.11%	0.11%
BRO	B	0.23%	0.03%	0.03%
BWA	D	0.15%	0.41%	0.15%
BXP	C	0.11%	0.11%	0.11%
CAG	F	0.12%	0.21%	0.12%
CAH	B	0.28%	0.19%	0.19%
CBOE	C	0.15%	0.04%	0.04%
CBRE	B	0.37%	0.04%	0.04%
CCL	A	0.17%	0.09%	0.09%
CDW	F	0.27%	0.12%	0.12%
CE	F	0.1%	0.07%	0.07%
CF	A	0.17%	0.09%	0.09%
CFG	B	0.23%	0.05%	0.05%
CHD	A	0.22%	0.41%	0.22%
CHRW	B	0.18%	0.09%	0.09%
CINF	A	0.21%	0.14%	0.14%
CLX	A	0.18%	0.41%	0.18%
CMI	A	0.18%	0.08%	0.08%
CMS	C	0.19%	0.07%	0.07%
CNP	A	0.25%	0.25%	0.25%
COR	B	0.33%	0.18%	0.18%
CPAY	A	0.26%	0.04%	0.04%
CPB	D	0.13%	0.2%	0.13%
CPT	B	0.13%	0.1%	0.1%
CRL	D	0.18%	0.14%	0.14%
CSGP	D	0.04%	0.04%	0.04%
CTLT	C	0.14%	0.24%	0.14%
CTRA	B	0.2%	0.17%	0.17%
DAL	B	0.14%	0.27%	0.14%
DAY	B	0.16%	0.22%	0.16%
DD	C	0.12%	0.05%	0.05%
DECK	A	0.31%	0.29%	0.29%
DFS	B	0.31%	0.68%	0.31%
DGX	A	0.3%	0.16%	0.16%
DLTR	F	0.16%	0.17%	0.16%
DOC	C	0.1%	0.11%	0.1%
DOV	A	0.35%	0.17%	0.17%
DPZ	C	0.15%	0.52%	0.15%
DRI	B	0.23%	0.5%	0.23%
DTE	C	0.21%	0.24%	0.21%
DVA	C	0.15%	0.11%	0.11%
EBAY	D	0.31%	0.22%	0.22%
EFX	F	0.26%	0.04%	0.04%
EG	C	0.16%	0.14%	0.14%
EIX	B	0.35%	0.24%	0.24%
EMN	C	0.19%	0.05%	0.05%
ENPH	F	0.07%	0.25%	0.07%
EPAM	B	0.14%	0.13%	0.13%
EQR	C	0.15%	0.1%	0.1%
EQT	B	0.17%	0.18%	0.17%
ERIE	D	0.11%	0.2%	0.11%
ES	C	0.17%	0.07%	0.07%
ESS	B	0.12%	0.1%	0.1%
ETR	B	0.39%	0.25%	0.25%
EVRG	A	0.25%	0.08%	0.08%
EXPD	C	0.22%	0.09%	0.09%
EXPE	B	0.2%	0.12%	0.12%
EXR	C	0.28%	0.11%	0.11%
FANG	C	0.34%	0.07%	0.07%
FAST	B	0.43%	0.12%	0.12%
FDS	B	0.22%	0.04%	0.04%
FE	C	0.2%	0.24%	0.2%
FFIV	B	0.27%	0.2%	0.2%
FICO	B	0.48%	0.03%	0.03%
FITB	B	0.36%	0.05%	0.05%
FMC	D	0.08%	0.08%	0.08%
FOX	A	0.09%	0.1%	0.09%
FOXA	A	0.19%	0.1%	0.1%
FRT	B	0.09%	0.06%	0.06%
FSLR	F	0.26%	0.2%	0.2%
FTV	C	0.2%	0.03%	0.03%
GDDY	A	0.26%	0.26%	0.26%
GEN	B	0.24%	0.17%	0.17%
GL	C	0.17%	0.19%	0.17%
GLW	B	0.31%	0.19%	0.19%
GNRC	C	0.15%	0.08%	0.08%
GPC	D	0.19%	0.15%	0.15%
GPN	B	0.14%	0.04%	0.04%
GRMN	B	0.29%	0.32%	0.29%
HAL	C	0.18%	0.33%	0.18%
HAS	D	0.14%	0.25%	0.14%
HBAN	A	0.26%	0.05%	0.05%
HIG	B	0.43%	0.14%	0.14%
HII	F	0.12%	0.08%	0.08%
HOLX	D	0.25%	0.1%	0.1%
HPE	B	0.32%	0.19%	0.19%
HPQ	B	0.1%	0.34%	0.1%
HRL	D	0.06%	0.36%	0.06%
HSIC	C	0.17%	0.2%	0.17%
HST	C	0.12%	0.11%	0.11%
HUBB	B	0.3%	0.26%	0.26%
HWM	A	0.43%	0.07%	0.07%
IEX	C	0.17%	0.2%	0.17%
IFF	D	0.15%	0.05%	0.05%
INCY	C	0.13%	0.25%	0.13%
INVH	D	0.12%	0.1%	0.1%
IP	A	0.26%	0.06%	0.06%
IPG	D	0.21%	0.33%	0.21%
IR	B	0.31%	0.2%	0.2%
IRM	C	0.29%	0.06%	0.06%
IT	C	0.4%	0.13%	0.13%
IVZ	B	0.12%	0.09%	0.09%
J	D	0.12%	0.39%	0.12%
JBHT	C	0.18%	0.08%	0.08%
JBL	C	0.24%	0.37%	0.24%
JKHY	D	0.17%	0.05%	0.05%
JNPR	D	0.23%	0.19%	0.19%
K	A	0.18%	0.18%	0.18%
KEY	B	0.19%	0.06%	0.06%
KEYS	A	0.31%	0.2%	0.2%
KIM	A	0.15%	0.06%	0.06%
KMX	B	0.17%	0.14%	0.14%
KR	B	0.26%	0.73%	0.26%
L	A	0.19%	0.49%	0.19%
LDOS	C	0.22%	0.13%	0.13%
LH	B	0.31%	0.16%	0.16%
LKQ	F	0.15%	0.14%	0.14%
LNT	A	0.19%	0.08%	0.08%
LUV	C	0.04%	0.25%	0.04%
LW	C	0.14%	0.22%	0.14%
LYB	F	0.17%	0.07%	0.07%
LYV	A	0.13%	0.09%	0.09%
MAA	B	0.11%	0.1%	0.1%
MAS	D	0.17%	0.19%	0.17%
MHK	D	0.11%	0.18%	0.11%
MKC	C	0.14%	0.21%	0.14%
MKTX	D	0.13%	0.04%	0.04%
MLM	C	0.29%	0.17%	0.17%
MOH	F	0.22%	0.25%	0.22%
MOS	F	0.12%	0.08%	0.08%
MPWR	F	0.26%	0.21%	0.21%
MRO	B	0.22%	0.07%	0.07%
MTB	A	0.36%	0.06%	0.06%
MTCH	D	0.08%	0.46%	0.08%
MTD	F	0.25%	0.14%	0.14%
NCLH	B	0.17%	0.09%	0.09%
NDAQ	A	0.29%	0.04%	0.04%
NDSN	B	0.17%	0.03%	0.03%
NI	A	0.28%	0.32%	0.28%
NRG	B	0.22%	0.32%	0.22%
NTAP	C	0.29%	0.17%	0.17%
NTRS	A	0.2%	0.08%	0.08%
NVR	D	0.36%	0.3%	0.3%
NWS	A	0.07%	0.1%	0.07%
NWSA	A	0.16%	0.1%	0.1%
OMC	C	0.26%	0.33%	0.26%
PARA	C	0.05%	0.2%	0.05%
PAYC	B	0.11%	0.21%	0.11%
PCG	A	0.25%	0.07%	0.07%
PFG	D	0.25%	0.2%	0.2%
PHM	D	0.4%	0.25%	0.25%
PKG	A	0.23%	0.06%	0.06%
PNR	A	0.25%	0.19%	0.19%
PNW	A	0.2%	0.07%	0.07%
PODD	C	0.19%	0.1%	0.1%
POOL	C	0.16%	0.13%	0.13%
PPG	F	0.12%	0.07%	0.07%
PPL	A	0.2%	0.08%	0.08%
PTC	B	0.24%	0.17%	0.17%
PWR	A	0.42%	0.4%	0.4%
QRVO	F	0.12%	0.21%	0.12%
RCL	A	0.37%	0.08%	0.08%
REG	A	0.13%	0.06%	0.06%
RF	A	0.29%	0.06%	0.06%
RJF	A	0.32%	0.25%	0.25%
RL	C	0.14%	0.32%	0.14%
RMD	C	0.32%	0.09%	0.09%
ROK	C	0.32%	0.03%	0.03%
ROL	B	0.11%	0.18%	0.11%
RVTY	F	0.18%	0.1%	0.1%
SBAC	D	0.11%	0.06%	0.06%
SJM	D	0.14%	0.21%	0.14%
SMCI	F	0.05%	0.15%	0.05%
SNA	A	0.27%	0.25%	0.25%
SOLV	D	0.08%	0.05%	0.05%
STE	D	0.23%	0.12%	0.12%
STLD	B	0.31%	0.27%	0.27%
STT	B	0.28%	0.11%	0.11%
STX	C	0.18%	0.17%	0.17%
SW	A	0.13%	0.07%	0.07%
SWK	D	0.16%	0.26%	0.16%
SWKS	F	0.18%	0.21%	0.18%
SYF	B	0.43%	0.68%	0.43%
TAP	C	0.15%	0.25%	0.15%
TDY	B	0.23%	0.03%	0.03%
TECH	F	0.15%	0.15%	0.15%
TER	F	0.22%	0.16%	0.16%
TFX	F	0.13%	0.05%	0.05%
TPR	B	0.26%	0.32%	0.26%
TRGP	A	0.46%	0.24%	0.24%
TRMB	B	0.25%	0.03%	0.03%
TROW	B	0.21%	0.08%	0.08%
TSCO	D	0.35%	0.12%	0.12%
TSN	B	0.16%	0.35%	0.16%
TTWO	A	0.31%	0.48%	0.31%
TXT	D	0.18%	0.16%	0.16%
TYL	B	0.26%	0.21%	0.21%
UAL	A	0.15%	0.28%	0.15%
UDR	B	0.14%	0.1%	0.1%
UHS	D	0.22%	0.32%	0.22%
ULTA	F	0.21%	0.17%	0.17%
URI	C	0.66%	0.14%	0.14%
VICI	C	0.17%	0.06%	0.06%
VLTO	C	0.14%	0.03%	0.03%
VMC	B	0.25%	0.17%	0.17%
VRSK	A	0.35%	0.04%	0.04%
VRSN	C	0.14%	0.27%	0.14%
VST	A	0.54%	0.4%	0.4%
VTR	B	0.16%	0.11%	0.11%
VTRS	A	0.26%	0.24%	0.24%
WAB	B	0.36%	0.13%	0.13%
WAT	C	0.21%	0.15%	0.15%
WBD	B	0.09%	0.19%	0.09%
WDC	D	0.25%	0.17%	0.17%
WEC	A	0.23%	0.07%	0.07%
WRB	A	0.19%	0.13%	0.13%
WST	C	0.24%	0.05%	0.05%
WTW	B	0.32%	0.04%	0.04%
WY	F	0.16%	0.17%	0.16%
WYNN	C	0.1%	0.08%	0.08%
XYL	D	0.22%	0.19%	0.19%
ZBH	C	0.25%	0.12%	0.12%
ZBRA	B	0.27%	0.13%	0.13%

JHMM Overweight 388 Positions Relative to SHUS

Symbol	Grade	Weight
FLEX	B	0.42%
OC	A	0.39%
LNG	A	0.35%
APP	B	0.35%
TPL	A	0.33%
FCNCA	A	0.33%
VRT	B	0.32%
TOL	B	0.31%
EQH	C	0.31%
UTHR	C	0.3%
EME	A	0.3%
LPLA	A	0.29%
SCI	B	0.29%
USFD	A	0.27%
CSL	C	0.27%
CASY	A	0.26%
EWBC	A	0.26%
WSM	C	0.25%
RGA	A	0.24%
RS	B	0.24%
BAH	F	0.24%
ALLY	C	0.24%
COHR	B	0.24%
LII	A	0.24%
THC	D	0.23%
MKL	A	0.22%
ACM	B	0.22%
RNR	C	0.22%
GWRE	A	0.22%
JEF	A	0.22%
JLL	D	0.22%
HUBS	A	0.22%
XPO	B	0.21%
IBKR	A	0.21%
CLH	C	0.21%
UNM	A	0.21%
MANH	D	0.21%
CIEN	C	0.21%
PFGC	B	0.21%
BURL	B	0.21%
WCC	B	0.21%
SSNC	B	0.21%
DOX	D	0.21%
GGG	B	0.2%
ALNY	D	0.2%
EHC	B	0.2%
ITT	A	0.2%
SF	B	0.2%
BJ	A	0.19%
INGR	C	0.19%
LAD	A	0.19%
EXEL	B	0.19%
TWLO	A	0.19%
RPM	A	0.19%
BLD	D	0.19%
HOOD	B	0.18%
WAL	B	0.18%
ARES	A	0.18%
CACI	D	0.18%
ATR	B	0.18%
TXRH	B	0.18%
BERY	C	0.18%
DOCU	B	0.18%
SAIA	B	0.18%
FBIN	D	0.18%
AFG	A	0.18%
FNF	B	0.18%
OVV	B	0.18%
ZM	C	0.17%
CVNA	B	0.17%
AYI	B	0.17%
CCK	D	0.17%
WSO	A	0.17%
ARMK	B	0.17%
DKS	D	0.17%
ENTG	D	0.17%
ALSN	B	0.17%
ORI	A	0.17%
ZION	B	0.17%
CMA	B	0.17%
FIX	A	0.17%
CW	C	0.17%
NVT	B	0.17%
RRX	B	0.16%
ALV	C	0.16%
PRI	B	0.16%
SEIC	B	0.16%
AN	C	0.16%
PSTG	D	0.16%
NBIX	C	0.16%
DCI	B	0.16%
WBS	A	0.16%
LECO	C	0.16%
FYBR	C	0.15%
X	B	0.15%
WWD	C	0.15%
AIT	B	0.15%
TRU	D	0.15%
ARW	D	0.15%
OGE	A	0.15%
RHI	C	0.15%
GLOB	B	0.15%
KNX	C	0.15%
AVTR	F	0.15%
SFM	A	0.15%
JAZZ	B	0.14%
WH	B	0.14%
CBSH	B	0.14%
FND	D	0.14%
KNSL	B	0.14%
OSK	C	0.14%
GMED	A	0.14%
BWXT	B	0.14%
MUSA	B	0.14%
NXST	C	0.14%
AXTA	B	0.14%
MKSI	C	0.14%
GPK	C	0.14%
OLED	F	0.13%
LAMR	C	0.13%
EXP	B	0.13%
GLPI	C	0.13%
UFPI	C	0.13%
AGCO	D	0.13%
CHDN	B	0.13%
TTC	C	0.13%
PNFP	B	0.13%
VOYA	B	0.13%
NTRA	A	0.13%
WTFC	A	0.13%
NYT	D	0.13%
Z	A	0.13%
TTEK	F	0.13%
FHN	A	0.13%
SKX	D	0.13%
G	B	0.13%
WMS	F	0.13%
CHE	D	0.13%
BMRN	F	0.12%
AR	B	0.12%
POST	C	0.12%
WEX	D	0.12%
ENSG	C	0.12%
LBRDK	C	0.12%
LNW	F	0.12%
TPX	B	0.12%
ST	F	0.12%
SAIC	F	0.12%
CLF	F	0.12%
MORN	B	0.12%
AMH	C	0.12%
FAF	A	0.12%
CMC	B	0.12%
RRC	B	0.12%
TOST	B	0.12%
CFR	B	0.12%
ELS	C	0.12%
MTZ	B	0.12%
HLI	A	0.12%
GNTX	C	0.12%
MIDD	C	0.12%
LFUS	D	0.12%
ELAN	D	0.11%
SON	F	0.11%
DBX	B	0.11%
UHAL	D	0.11%
BPOP	C	0.11%
MTN	C	0.11%
MEDP	D	0.11%
LSTR	D	0.11%
CR	A	0.11%
HEI	A	0.11%
LEA	F	0.11%
TREX	C	0.11%
MAT	D	0.11%
PCTY	C	0.11%
FTI	A	0.11%
WSC	F	0.11%
SOFI	B	0.11%
DT	D	0.11%
HRB	D	0.11%
CUBE	C	0.11%
BIO	C	0.11%
CG	B	0.11%
APG	B	0.11%
KBR	F	0.11%
WTRG	B	0.11%
GXO	B	0.11%
MASI	B	0.11%
DAR	C	0.11%
NET	B	0.11%
RGLD	C	0.11%
EVR	B	0.11%
WHR	B	0.11%
NTNX	B	0.1%
RLI	A	0.1%
WPC	C	0.1%
BRKR	D	0.1%
ONTO	F	0.1%
MLI	B	0.1%
PINS	F	0.1%
TMHC	C	0.1%
SSB	B	0.1%
DINO	D	0.1%
CROX	D	0.1%
MTDR	B	0.1%
OHI	C	0.1%
CGNX	D	0.1%
RBLX	C	0.1%
DTM	A	0.1%
SSD	F	0.1%
HQY	A	0.1%
PR	B	0.1%
PB	B	0.1%
CNM	D	0.1%
MDB	B	0.09%
LSCC	D	0.09%
PLNT	A	0.09%
DUOL	A	0.09%
COKE	C	0.09%
BRX	A	0.09%
HEI	A	0.09%
ZS	B	0.09%
ROKU	D	0.09%
TW	A	0.09%
AFRM	A	0.09%
ANF	F	0.09%
BRBR	A	0.09%
JXN	C	0.09%
REXR	F	0.09%
SNX	D	0.09%
ESAB	C	0.09%
BILL	A	0.09%
HALO	F	0.09%
CNH	C	0.09%
VEEV	C	0.09%
SUI	C	0.09%
EXAS	D	0.09%
DKNG	B	0.09%
ACI	C	0.09%
FN	C	0.09%
RBC	A	0.09%
AAON	B	0.09%
RGEN	D	0.09%
FCN	F	0.09%
H	B	0.08%
NNN	C	0.08%
ESNT	F	0.08%
NOV	C	0.08%
WING	D	0.08%
ICLR	D	0.08%
R	B	0.08%
SPSC	D	0.08%
OKTA	C	0.08%
TKR	D	0.08%
FLR	B	0.08%
PEN	B	0.08%
EGP	D	0.08%
SITE	F	0.08%
MUR	D	0.08%
SRPT	F	0.08%
CHRD	D	0.08%
NSIT	F	0.08%
NOVT	D	0.08%
FLS	B	0.08%
CRBG	B	0.08%
DLB	B	0.08%
BSY	F	0.08%
MTSI	B	0.08%
MSA	F	0.08%
AMKR	D	0.07%
ACHC	F	0.07%
PAG	B	0.07%
STAG	D	0.07%
LPX	B	0.07%
CIVI	D	0.07%
PVH	C	0.07%
ADC	A	0.07%
PCVX	D	0.07%
ILMN	C	0.07%
FR	D	0.07%
GAP	C	0.07%
ATI	C	0.07%
HLNE	B	0.07%
RPRX	D	0.07%
WFRD	D	0.07%
WTS	B	0.07%
WLK	D	0.06%
EDR	A	0.06%
CHX	C	0.06%
SIGI	C	0.06%
BFAM	D	0.06%
ESTC	C	0.06%
COLD	D	0.06%
FOUR	A	0.06%
EXLS	B	0.06%
ADTN	A	0.06%
ITCI	C	0.06%
CHH	A	0.06%
TKO	A	0.06%
ELF	C	0.06%
SMAR	B	0.06%
THO	B	0.06%
S	B	0.06%
BOKF	B	0.05%
PSN	D	0.05%
AM	A	0.05%
RVMD	C	0.05%
RHP	B	0.05%
CVLT	B	0.05%
TRNO	F	0.05%
AZEK	A	0.05%
IBP	D	0.05%
ESI	B	0.05%
APPF	B	0.05%
SNAP	D	0.05%
VFC	C	0.05%
CRUS	D	0.05%
BMI	B	0.05%
GTLB	B	0.05%
MTG	C	0.05%
SN	D	0.05%
PCOR	B	0.05%
OMF	A	0.05%
ETSY	D	0.05%
ALTR	B	0.05%
SUM	B	0.05%
ONB	C	0.05%
GME	C	0.05%
AA	A	0.05%
VNO	C	0.04%
ENLC	A	0.04%
ZWS	B	0.04%
CYTK	F	0.04%
AXS	A	0.04%
HCP	B	0.04%
PPC	C	0.04%
CFLT	B	0.04%
SNV	C	0.04%
DOCS	C	0.04%
CACC	D	0.04%
U	C	0.04%
IOT	A	0.04%
COTY	F	0.04%
PATH	C	0.04%
CRS	B	0.04%
MOG.A	B	0.04%
MOD	A	0.04%
LNTH	D	0.04%
INSM	C	0.04%
AAL	B	0.03%
CELH	F	0.03%
NEU	D	0.03%
DDS	B	0.03%
AUR	C	0.03%
GKOS	B	0.03%
PEGA	B	0.03%
FRPT	A	0.03%
CWST	A	0.03%
BPMC	B	0.03%
WMG	D	0.03%
IONS	F	0.03%
RCM	A	0.03%
VKTX	F	0.03%
ROIV	C	0.03%
BECN	B	0.02%
UI	B	0.02%
CHWY	B	0.02%
CNA	C	0.02%
LBRDA	C	0.02%
VERX	A	0.02%
INFA	D	0.02%
CWAN	B	0.02%
REYN	D	0.02%
LEVI	F	0.02%
ZG	A	0.02%
VRNS	D	0.02%
SMMT	D	0.01%
RKT	F	0.01%
RBRK	A	0.01%
BIRK	D	0.01%
KEX	B	0.01%
SIRI	C	0.01%
NPAB	F	0.01%
UHAL	D	0.01%
KNTK	A	0.01%
STEP	C	0.01%
UWMC	D	0.0%

JHMM Underweight 249 Positions Relative to SHUS

Symbol	Grade	Weight
CVX	A	-0.75%
XOM	B	-0.75%
SYY	D	-0.73%
WMT	A	-0.72%
ROST	D	-0.71%
TJX	A	-0.71%
COST	A	-0.7%
COF	C	-0.69%
CVS	D	-0.68%
WBA	F	-0.63%
CMCSA	B	-0.51%
PSX	C	-0.5%
YUM	D	-0.5%
EL	F	-0.49%
VLO	C	-0.49%
MSI	B	-0.49%
MCD	D	-0.49%
AAPL	C	-0.49%
CMG	B	-0.49%
BRK.A	B	-0.49%
SBUX	A	-0.48%
EA	A	-0.48%
MPC	D	-0.48%
CHTR	C	-0.46%
META	D	-0.46%
KVUE	A	-0.41%
KMB	C	-0.41%
PG	C	-0.41%
CL	D	-0.4%
APTV	F	-0.39%
CEG	C	-0.38%
ADM	D	-0.36%
PM	B	-0.35%
MO	A	-0.35%
CRM	B	-0.35%
ORCL	A	-0.34%
SLB	C	-0.34%
SNPS	B	-0.34%
T	A	-0.33%
TMUS	B	-0.33%
NKE	F	-0.33%
HCA	F	-0.33%
CDNS	B	-0.33%
IBM	C	-0.33%
MSFT	D	-0.32%
VZ	C	-0.32%
LULU	C	-0.3%
FCX	F	-0.29%
EXC	C	-0.29%
TSLA	B	-0.27%
MS	A	-0.26%
HUM	C	-0.26%
ETN	A	-0.26%
EQIX	A	-0.26%
DLR	B	-0.26%
ZTS	D	-0.25%
STZ	D	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
BMY	B	-0.25%
SCHW	B	-0.25%
UNH	B	-0.25%
LOW	C	-0.25%
NUE	C	-0.25%
HD	B	-0.25%
PEG	A	-0.25%
GS	A	-0.25%
CNC	D	-0.25%
AEP	C	-0.24%
MRK	D	-0.24%
D	C	-0.24%
OKE	A	-0.24%
ED	C	-0.24%
KDP	F	-0.24%
PFE	F	-0.24%
BIIB	F	-0.24%
ABBV	F	-0.24%
NEE	C	-0.24%
WMB	A	-0.24%
NEM	D	-0.24%
GM	C	-0.24%
LEN	D	-0.24%
ELV	F	-0.24%
KO	D	-0.24%
F	C	-0.24%
GILD	C	-0.24%
REGN	F	-0.23%
NXPI	D	-0.23%
VRTX	D	-0.23%
LLY	F	-0.23%
MRNA	F	-0.23%
AMGN	F	-0.23%
JNJ	C	-0.23%
DHI	F	-0.23%
NOW	A	-0.22%
QCOM	F	-0.22%
NFLX	A	-0.22%
AVGO	D	-0.22%
PLTR	B	-0.22%
ADI	D	-0.22%
CPRT	B	-0.22%
GOOGL	C	-0.22%
TXN	C	-0.22%
ON	D	-0.22%
GOOG	C	-0.22%
KHC	F	-0.21%
CSCO	B	-0.21%
ANET	C	-0.21%
MET	A	-0.21%
GIS	D	-0.21%
ADP	A	-0.21%
PAYX	B	-0.21%
AMZN	C	-0.21%
AFL	B	-0.2%
INTU	B	-0.2%
PRU	A	-0.2%
DIS	B	-0.2%
TEL	B	-0.19%
PGR	A	-0.19%
ALL	A	-0.19%
AIG	B	-0.19%
RSG	A	-0.18%
CRWD	B	-0.18%
GEV	B	-0.18%
WM	B	-0.18%
MDLZ	F	-0.18%
MCK	A	-0.18%
CI	D	-0.18%
APH	A	-0.18%
TGT	F	-0.17%
MMM	D	-0.17%
DG	F	-0.17%
GE	D	-0.17%
FTNT	C	-0.17%
ITW	B	-0.17%
DELL	B	-0.17%
KLAC	F	-0.17%
HSY	F	-0.17%
PEP	F	-0.17%
AMAT	F	-0.17%
CTAS	B	-0.17%
PANW	B	-0.16%
INTC	C	-0.16%
GD	D	-0.16%
DVN	F	-0.16%
BA	F	-0.16%
HON	C	-0.16%
ADSK	A	-0.16%
AZO	C	-0.15%
A	D	-0.15%
MU	D	-0.15%
ADBE	C	-0.15%
TRV	B	-0.14%
CB	C	-0.14%
CAT	B	-0.14%
AMD	F	-0.14%
ORLY	B	-0.14%
TMO	F	-0.14%
WFC	A	-0.13%
GWW	B	-0.13%
CTSH	B	-0.13%
C	A	-0.13%
DE	B	-0.13%
ACN	B	-0.13%
BKNG	A	-0.13%
NVDA	B	-0.13%
MCHP	F	-0.13%
IQV	F	-0.13%
HLT	A	-0.12%
SYK	B	-0.12%
ABNB	C	-0.12%
MAR	A	-0.12%
ISRG	A	-0.12%
BAC	A	-0.12%
JPM	A	-0.12%
PCAR	B	-0.12%
WELL	A	-0.11%
BK	A	-0.11%
UBER	F	-0.11%
DHR	F	-0.1%
GEHC	D	-0.1%
PSA	C	-0.1%
KKR	A	-0.09%
BLK	B	-0.09%
DXCM	C	-0.09%
IDXX	F	-0.09%
SO	C	-0.08%
CARR	C	-0.08%
TT	A	-0.08%
JCI	B	-0.08%
PH	A	-0.08%
UNP	C	-0.08%
NSC	B	-0.08%
OTIS	C	-0.08%
LMT	D	-0.08%
NOC	D	-0.08%
BX	A	-0.08%
RTX	D	-0.08%
ODFL	C	-0.08%
LVS	B	-0.08%
CSX	C	-0.08%
CTVA	C	-0.08%
LHX	C	-0.08%
UPS	C	-0.08%
OXY	D	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
MGM	D	-0.07%
EOG	A	-0.07%
DOW	F	-0.07%
HES	B	-0.07%
DUK	C	-0.07%
FDX	B	-0.07%
SRE	A	-0.07%
XEL	A	-0.07%
FI	A	-0.06%
PNC	B	-0.06%
EW	C	-0.06%
ABT	B	-0.06%
MDT	D	-0.06%
PYPL	B	-0.06%
AMT	C	-0.06%
BSX	A	-0.06%
PLD	F	-0.06%
CCI	C	-0.06%
O	C	-0.06%
SPG	A	-0.06%
TDG	D	-0.06%
SHW	B	-0.06%
MA	B	-0.05%
AXP	A	-0.05%
APD	A	-0.05%
ECL	D	-0.05%
BDX	F	-0.05%
FIS	C	-0.05%
TFC	A	-0.05%
USB	A	-0.05%
MCO	B	-0.04%
AON	A	-0.04%
SPGI	C	-0.04%
ICE	C	-0.04%
V	A	-0.04%
CME	B	-0.04%
LIN	C	-0.04%
MSCI	C	-0.04%
EMR	B	-0.03%
ROP	B	-0.03%
AJG	A	-0.03%
MMC	B	-0.03%