JHMM vs. SMMD ETF Comparison

Comparison of John Hancock Multifactor Mid Cap ETF (JHMM) to iShares Russell 2500 ETF (SMMD)

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

$64.05

Average Daily Volume

181,985

Number of Holdings ^*

639

* may have additional holdings in another (foreign) market

SMMD

iShares Russell 2500 ETF

SMMD Description

The investment seeks to track the investment results of the Russell 2500TM Index. The fund generally will invest at least 90% of its assets in the component securities, including indirect investments through the underlying fund, of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index measures the performance of the small- to mid-capitalization sector of the U.S. equity market, as defined by FTSE Russell.

Grade (RS Rating)

Last Trade

$73.02

Average Daily Volume

119,434

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	JHMM	SMMD
30 Days	6.45%	8.00%
60 Days	7.02%	7.78%
90 Days	9.13%	8.86%
12 Months	33.74%	32.28%

339 Overlapping Holdings

	Symbol	Grade	Weight in JHMM	Weight in SMMD	Overlap
	AA	B	0.05%	0.17%	0.05%
	AAL	B	0.03%	0.14%	0.03%
	AAON	B	0.09%	0.14%	0.09%
	ACHC	F	0.07%	0.05%	0.05%
	ACI	C	0.09%	0.12%	0.09%
	ACM	A	0.22%	0.23%	0.22%
	ADC	B	0.07%	0.11%	0.07%
	AFG	A	0.18%	0.15%	0.15%
	AFRM	B	0.09%	0.23%	0.09%
	AGCO	D	0.13%	0.09%	0.09%
	AIZ	A	0.19%	0.18%	0.18%
	ALLE	D	0.2%	0.18%	0.18%
	ALLY	C	0.24%	0.15%	0.15%
	ALSN	B	0.17%	0.15%	0.15%
	AM	A	0.05%	0.08%	0.05%
	AMH	D	0.12%	0.19%	0.12%
	AMKR	D	0.07%	0.04%	0.04%
	AN	C	0.16%	0.06%	0.06%
	AOS	F	0.14%	0.13%	0.13%
	APA	D	0.09%	0.12%	0.09%
	APG	B	0.11%	0.13%	0.11%
	APPF	B	0.05%	0.08%	0.05%
	AR	B	0.12%	0.15%	0.12%
	ARMK	B	0.17%	0.16%	0.16%
	ARW	D	0.15%	0.09%	0.09%
	ATI	D	0.07%	0.11%	0.07%
	ATR	B	0.18%	0.17%	0.17%
	AVY	D	0.19%	0.24%	0.19%
	AXS	A	0.04%	0.1%	0.04%
	AXTA	A	0.14%	0.13%	0.13%
	AYI	B	0.17%	0.15%	0.15%
	AZEK	A	0.05%	0.11%	0.05%
	BBWI	D	0.08%	0.1%	0.08%
	BERY	B	0.18%	0.12%	0.12%
	BFAM	D	0.06%	0.1%	0.06%
	BILL	A	0.09%	0.14%	0.09%
	BIO	D	0.11%	0.09%	0.09%
	BIRK	D	0.01%	0.03%	0.01%
	BJ	A	0.19%	0.18%	0.18%
	BLD	D	0.19%	0.17%	0.17%
	BOKF	B	0.05%	0.04%	0.04%
	BPOP	B	0.11%	0.1%	0.1%
	BRBR	A	0.09%	0.15%	0.09%
	BRKR	D	0.1%	0.09%	0.09%
	BRX	A	0.09%	0.13%	0.09%
	BSY	D	0.08%	0.1%	0.08%
	BWA	D	0.15%	0.11%	0.11%
	BWXT	B	0.14%	0.18%	0.14%
	BXP	D	0.11%	0.19%	0.11%
	CACC	D	0.04%	0.04%	0.04%
	CACI	D	0.18%	0.16%	0.16%
	CASY	A	0.26%	0.23%	0.23%
	CBSH	A	0.14%	0.13%	0.13%
	CCK	C	0.17%	0.16%	0.16%
	CELH	F	0.03%	0.08%	0.03%
	CFLT	B	0.04%	0.11%	0.04%
	CFR	B	0.12%	0.13%	0.12%
	CG	A	0.11%	0.17%	0.11%
	CGNX	C	0.1%	0.1%	0.1%
	CHDN	B	0.13%	0.15%	0.13%
	CHE	D	0.13%	0.12%	0.12%
	CHH	A	0.06%	0.06%	0.06%
	CHRD	D	0.08%	0.12%	0.08%
	CHRW	C	0.18%	0.19%	0.18%
	CIEN	B	0.21%	0.15%	0.15%
	CIVI	D	0.07%	0.08%	0.07%
	CLF	F	0.12%	0.09%	0.09%
	CLH	B	0.21%	0.19%	0.19%
	CMA	A	0.17%	0.12%	0.12%
	CNM	D	0.1%	0.13%	0.1%
	COHR	B	0.24%	0.21%	0.21%
	COKE	C	0.09%	0.11%	0.09%
	COLD	D	0.06%	0.1%	0.06%
	COTY	F	0.04%	0.04%	0.04%
	CPT	B	0.13%	0.19%	0.13%
	CR	A	0.11%	0.13%	0.11%
	CRL	C	0.18%	0.15%	0.15%
	CROX	D	0.1%	0.09%	0.09%
	CRUS	D	0.05%	0.08%	0.05%
	CTLT	B	0.14%	0.16%	0.14%
	CUBE	D	0.11%	0.16%	0.11%
	CVNA	B	0.17%	0.4%	0.17%
	CW	B	0.17%	0.21%	0.17%
	DAR	C	0.11%	0.1%	0.1%
	DAY	B	0.16%	0.18%	0.16%
	DBX	B	0.11%	0.1%	0.1%
	DCI	B	0.16%	0.14%	0.14%
	DDS	B	0.03%	0.02%	0.02%
	DINO	D	0.1%	0.1%	0.1%
	DKS	C	0.17%	0.17%	0.17%
	DLB	B	0.08%	0.07%	0.07%
	DOCS	C	0.04%	0.09%	0.04%
	DOX	D	0.21%	0.15%	0.15%
	DT	C	0.11%	0.23%	0.11%
	DTM	B	0.1%	0.16%	0.1%
	DUOL	A	0.09%	0.19%	0.09%
	DVA	B	0.15%	0.12%	0.12%
	EG	C	0.16%	0.25%	0.16%
	EGP	F	0.08%	0.12%	0.08%
	EHC	B	0.2%	0.15%	0.15%
	ELAN	D	0.11%	0.1%	0.1%
	ELF	C	0.06%	0.1%	0.06%
	ELS	C	0.12%	0.19%	0.12%
	EME	C	0.3%	0.37%	0.3%
	EQH	B	0.31%	0.18%	0.18%
	EQT	B	0.17%	0.41%	0.17%
	ESAB	B	0.09%	0.11%	0.09%
	ESI	A	0.05%	0.1%	0.05%
	ESTC	C	0.06%	0.12%	0.06%
	ETSY	D	0.05%	0.09%	0.05%
	EVR	B	0.11%	0.17%	0.11%
	EWBC	A	0.26%	0.22%	0.22%
	EXAS	D	0.09%	0.15%	0.09%
	EXEL	B	0.19%	0.15%	0.15%
	EXP	A	0.13%	0.15%	0.13%
	FAF	A	0.12%	0.1%	0.1%
	FBIN	D	0.18%	0.14%	0.14%
	FCN	D	0.09%	0.1%	0.09%
	FDS	B	0.22%	0.28%	0.22%
	FFIV	B	0.27%	0.21%	0.21%
	FHN	A	0.13%	0.17%	0.13%
	FIX	A	0.17%	0.26%	0.17%
	FLS	B	0.08%	0.12%	0.08%
	FMC	D	0.08%	0.11%	0.08%
	FND	C	0.14%	0.17%	0.14%
	FOUR	B	0.06%	0.1%	0.06%
	FR	C	0.07%	0.1%	0.07%
	FRPT	B	0.03%	0.11%	0.03%
	FRT	B	0.09%	0.14%	0.09%
	FTI	A	0.11%	0.19%	0.11%
	FYBR	D	0.15%	0.13%	0.13%
	G	B	0.13%	0.12%	0.12%
	GAP	C	0.07%	0.07%	0.07%
	GEN	B	0.24%	0.24%	0.24%
	GGG	B	0.2%	0.22%	0.2%
	GL	B	0.17%	0.15%	0.15%
	GLOB	B	0.15%	0.14%	0.14%
	GLPI	C	0.13%	0.2%	0.13%
	GME	C	0.05%	0.16%	0.05%
	GMED	A	0.14%	0.14%	0.14%
	GNRC	B	0.15%	0.16%	0.15%
	GNTX	C	0.12%	0.1%	0.1%
	GPK	C	0.14%	0.13%	0.13%
	GTLB	B	0.05%	0.12%	0.05%
	GWRE	A	0.22%	0.24%	0.22%
	GXO	B	0.11%	0.11%	0.11%
	H	B	0.08%	0.1%	0.08%
	HAS	D	0.14%	0.13%	0.13%
	HCP	B	0.04%	0.07%	0.04%
	HII	D	0.12%	0.12%	0.12%
	HLI	B	0.12%	0.15%	0.12%
	HOOD	B	0.18%	0.35%	0.18%
	HRB	D	0.11%	0.12%	0.11%
	HSIC	B	0.17%	0.14%	0.14%
	HST	C	0.12%	0.19%	0.12%
	INFA	D	0.02%	0.03%	0.02%
	INGR	B	0.19%	0.14%	0.14%
	IONS	F	0.03%	0.08%	0.03%
	IPG	D	0.21%	0.16%	0.16%
	ITCI	C	0.06%	0.13%	0.06%
	ITT	A	0.2%	0.19%	0.19%
	IVZ	B	0.12%	0.1%	0.1%
	JAZZ	B	0.14%	0.12%	0.12%
	JBL	B	0.24%	0.22%	0.22%
	JEF	A	0.22%	0.2%	0.2%
	JKHY	D	0.17%	0.19%	0.17%
	JLL	D	0.22%	0.18%	0.18%
	JNPR	F	0.23%	0.17%	0.17%
	KBR	F	0.11%	0.12%	0.11%
	KEX	C	0.01%	0.11%	0.01%
	KIM	A	0.15%	0.25%	0.15%
	KNSL	B	0.14%	0.16%	0.14%
	KNX	B	0.15%	0.13%	0.13%
	LAD	A	0.19%	0.16%	0.16%
	LAMR	D	0.13%	0.17%	0.13%
	LBRDA	C	0.02%	0.02%	0.02%
	LBRDK	C	0.12%	0.14%	0.12%
	LEA	D	0.11%	0.08%	0.08%
	LECO	B	0.16%	0.17%	0.16%
	LFUS	F	0.12%	0.09%	0.09%
	LII	A	0.24%	0.31%	0.24%
	LNW	D	0.12%	0.13%	0.12%
	LPX	B	0.07%	0.11%	0.07%
	LSCC	D	0.09%	0.11%	0.09%
	LSTR	D	0.11%	0.1%	0.1%
	MANH	D	0.21%	0.25%	0.21%
	MASI	A	0.11%	0.11%	0.11%
	MAT	D	0.11%	0.09%	0.09%
	MEDP	D	0.11%	0.13%	0.11%
	MHK	D	0.11%	0.11%	0.11%
	MIDD	C	0.12%	0.11%	0.11%
	MKSI	C	0.14%	0.11%	0.11%
	MKTX	D	0.13%	0.15%	0.13%
	MORN	B	0.12%	0.14%	0.12%
	MOS	F	0.12%	0.13%	0.12%
	MSA	D	0.08%	0.09%	0.08%
	MTCH	D	0.08%	0.12%	0.08%
	MTDR	B	0.1%	0.11%	0.1%
	MTG	C	0.05%	0.1%	0.05%
	MTN	C	0.11%	0.1%	0.1%
	MTSI	B	0.08%	0.11%	0.08%
	MTZ	B	0.12%	0.13%	0.12%
	MUSA	A	0.14%	0.15%	0.14%
	NBIX	C	0.16%	0.19%	0.16%
	NCLH	B	0.17%	0.17%	0.17%
	NDSN	B	0.17%	0.22%	0.17%
	NEU	C	0.03%	0.06%	0.03%
	NI	A	0.28%	0.25%	0.25%
	NNN	D	0.08%	0.12%	0.08%
	NOV	C	0.08%	0.1%	0.08%
	NRG	B	0.22%	0.3%	0.22%
	NTNX	A	0.1%	0.26%	0.1%
	NTRA	B	0.13%	0.29%	0.13%
	NVT	B	0.17%	0.19%	0.17%
	NWS	B	0.07%	0.06%	0.06%
	NWSA	B	0.16%	0.17%	0.16%
	NXST	C	0.14%	0.08%	0.08%
	NYT	C	0.13%	0.13%	0.13%
	OC	A	0.39%	0.25%	0.25%
	OGE	B	0.15%	0.13%	0.13%
	OHI	C	0.1%	0.15%	0.1%
	OLED	D	0.13%	0.12%	0.12%
	OMF	A	0.05%	0.09%	0.05%
	ONTO	D	0.1%	0.12%	0.1%
	ORI	A	0.17%	0.14%	0.14%
	OSK	B	0.14%	0.11%	0.11%
	OVV	B	0.18%	0.18%	0.18%
	PAG	B	0.07%	0.04%	0.04%
	PARA	C	0.05%	0.1%	0.05%
	PATH	C	0.04%	0.09%	0.04%
	PB	A	0.1%	0.11%	0.1%
	PCOR	B	0.05%	0.12%	0.05%
	PCTY	B	0.11%	0.13%	0.11%
	PEGA	A	0.03%	0.06%	0.03%
	PEN	B	0.08%	0.13%	0.08%
	PFGC	B	0.21%	0.2%	0.2%
	PKG	A	0.23%	0.32%	0.23%
	PLNT	A	0.09%	0.13%	0.09%
	PNFP	B	0.13%	0.14%	0.13%
	PNR	A	0.25%	0.26%	0.25%
	PNW	B	0.2%	0.16%	0.16%
	POOL	C	0.16%	0.2%	0.16%
	POST	C	0.12%	0.08%	0.08%
	PPC	C	0.04%	0.03%	0.03%
	PR	B	0.1%	0.16%	0.1%
	PRI	A	0.16%	0.16%	0.16%
	PSN	D	0.05%	0.07%	0.05%
	PSTG	D	0.16%	0.24%	0.16%
	PVH	C	0.07%	0.08%	0.07%
	QRVO	F	0.12%	0.1%	0.1%
	R	B	0.08%	0.1%	0.08%
	RBC	A	0.09%	0.14%	0.09%
	REG	B	0.13%	0.2%	0.13%
	REXR	F	0.09%	0.14%	0.09%
	REYN	D	0.02%	0.02%	0.02%
	RGA	A	0.24%	0.23%	0.23%
	RGEN	D	0.09%	0.12%	0.09%
	RGLD	C	0.11%	0.15%	0.11%
	RHI	B	0.15%	0.11%	0.11%
	RL	B	0.14%	0.12%	0.12%
	RLI	B	0.1%	0.11%	0.1%
	RNR	C	0.22%	0.2%	0.2%
	ROIV	C	0.03%	0.07%	0.03%
	ROKU	D	0.09%	0.13%	0.09%
	RPM	A	0.19%	0.26%	0.19%
	RRC	B	0.12%	0.13%	0.12%
	RRX	B	0.16%	0.17%	0.16%
	RS	B	0.24%	0.27%	0.24%
	S	B	0.06%	0.12%	0.06%
	SAIA	B	0.18%	0.22%	0.18%
	SAIC	F	0.12%	0.1%	0.1%
	SCI	B	0.29%	0.18%	0.18%
	SEIC	B	0.16%	0.12%	0.12%
	SF	B	0.2%	0.17%	0.17%
	SITE	D	0.08%	0.1%	0.08%
	SKX	D	0.13%	0.12%	0.12%
	SMAR	A	0.06%	0.11%	0.06%
	SN	D	0.05%	0.1%	0.05%
	SNA	A	0.27%	0.28%	0.27%
	SNV	B	0.04%	0.12%	0.04%
	SNX	C	0.09%	0.13%	0.09%
	SOFI	A	0.11%	0.23%	0.11%
	SON	D	0.11%	0.07%	0.07%
	SRPT	D	0.08%	0.15%	0.08%
	SSD	D	0.1%	0.11%	0.1%
	ST	F	0.12%	0.07%	0.07%
	STAG	F	0.07%	0.1%	0.07%
	SW	A	0.13%	0.43%	0.13%
	TECH	D	0.15%	0.16%	0.15%
	TFX	F	0.13%	0.13%	0.13%
	THC	D	0.23%	0.21%	0.21%
	THO	B	0.06%	0.08%	0.06%
	TKO	B	0.06%	0.16%	0.06%
	TKR	D	0.08%	0.07%	0.07%
	TOL	B	0.31%	0.23%	0.23%
	TOST	B	0.12%	0.28%	0.12%
	TPL	A	0.33%	0.42%	0.33%
	TPR	B	0.26%	0.19%	0.19%
	TPX	B	0.12%	0.14%	0.12%
	TREX	C	0.11%	0.11%	0.11%
	TTC	D	0.13%	0.13%	0.13%
	TTEK	F	0.13%	0.16%	0.13%
	TXRH	C	0.18%	0.19%	0.18%
	TXT	D	0.18%	0.23%	0.18%
	U	C	0.04%	0.1%	0.04%
	UHAL	D	0.11%	0.01%	0.01%
	UHAL	D	0.01%	0.01%	0.01%
	UHAL	D	0.01%	0.09%	0.01%
	UHAL	D	0.11%	0.09%	0.09%
	UHS	D	0.22%	0.17%	0.17%
	UI	A	0.02%	0.02%	0.02%
	UNM	A	0.21%	0.18%	0.18%
	USFD	A	0.27%	0.23%	0.23%
	UTHR	C	0.3%	0.24%	0.24%
	UWMC	D	0.0%	0.01%	0.0%
	VFC	C	0.05%	0.1%	0.05%
	VKTX	F	0.03%	0.08%	0.03%
	VNO	B	0.04%	0.11%	0.04%
	VOYA	B	0.13%	0.12%	0.12%
	WAL	B	0.18%	0.15%	0.15%
	WBS	A	0.16%	0.16%	0.16%
	WCC	B	0.21%	0.14%	0.14%
	WEX	D	0.12%	0.11%	0.11%
	WFRD	D	0.07%	0.09%	0.07%
	WH	B	0.14%	0.11%	0.11%
	WHR	B	0.11%	0.09%	0.09%
	WING	D	0.08%	0.15%	0.08%
	WMS	D	0.13%	0.13%	0.13%
	WSC	D	0.11%	0.1%	0.1%
	WSO	A	0.17%	0.28%	0.17%
	WTFC	A	0.13%	0.13%	0.13%
	WTRG	B	0.11%	0.15%	0.11%
	WWD	B	0.15%	0.16%	0.15%
	WYNN	D	0.1%	0.14%	0.1%
	X	C	0.15%	0.14%	0.14%
	XPO	B	0.21%	0.26%	0.21%
	Z	A	0.13%	0.2%	0.13%
	ZG	A	0.02%	0.06%	0.02%
	ZION	B	0.17%	0.13%	0.13%

JHMM Overweight 302 Positions Relative to SMMD

	Symbol	Grade	Weight
	URI	B	0.66%
	AMP	A	0.57%
	VST	B	0.54%
	FICO	B	0.48%
	TRGP	B	0.46%
	AME	A	0.44%
	FAST	B	0.43%
	HWM	A	0.43%
	HIG	B	0.43%
	SYF	B	0.43%
	FLEX	A	0.42%
	PWR	A	0.42%
	IT	C	0.4%
	PHM	D	0.4%
	ETR	B	0.39%
	RCL	A	0.37%
	CBRE	B	0.37%
	FITB	A	0.36%
	WAB	B	0.36%
	NVR	D	0.36%
	MTB	A	0.36%
	TSCO	D	0.35%
	DOV	A	0.35%
	EIX	B	0.35%
	VRSK	A	0.35%
	LNG	B	0.35%
	APP	B	0.35%
	BLDR	D	0.34%
	FANG	D	0.34%
	COR	B	0.33%
	ACGL	D	0.33%
	FCNCA	A	0.33%
	VRT	B	0.32%
	ROK	B	0.32%
	WTW	B	0.32%
	HPE	B	0.32%
	RMD	C	0.32%
	RJF	A	0.32%
	EBAY	D	0.31%
	DECK	A	0.31%
	LH	C	0.31%
	ANSS	B	0.31%
	KEYS	A	0.31%
	IR	B	0.31%
	GLW	B	0.31%
	STLD	B	0.31%
	DFS	B	0.31%
	TTWO	A	0.31%
	DGX	A	0.3%
	HUBB	B	0.3%
	LPLA	A	0.29%
	NDAQ	A	0.29%
	NTAP	C	0.29%
	MLM	B	0.29%
	RF	A	0.29%
	IRM	D	0.29%
	BR	A	0.29%
	BKR	B	0.29%
	GRMN	B	0.29%
	EXR	D	0.28%
	CAH	B	0.28%
	STT	A	0.28%
	CDW	F	0.27%
	AXON	A	0.27%
	ZBRA	B	0.27%
	CSL	C	0.27%
	MPWR	F	0.26%
	GDDY	A	0.26%
	HBAN	A	0.26%
	EFX	F	0.26%
	FSLR	F	0.26%
	IP	B	0.26%
	OMC	C	0.26%
	CPAY	A	0.26%
	KR	B	0.26%
	TYL	B	0.26%
	VTRS	A	0.26%
	HOLX	D	0.25%
	EVRG	A	0.25%
	MTD	D	0.25%
	PCG	A	0.25%
	CNP	B	0.25%
	ZBH	C	0.25%
	BBY	D	0.25%
	WSM	B	0.25%
	TRMB	B	0.25%
	WDC	D	0.25%
	PFG	D	0.25%
	VMC	B	0.25%
	PTC	A	0.24%
	BAH	F	0.24%
	WST	C	0.24%
	DRI	B	0.23%
	WEC	A	0.23%
	TDY	B	0.23%
	CFG	B	0.23%
	STE	F	0.23%
	AEE	A	0.23%
	BRO	B	0.23%
	MKL	A	0.22%
	MRO	B	0.22%
	TER	D	0.22%
	CHD	B	0.22%
	HUBS	A	0.22%
	LDOS	C	0.22%
	MOH	F	0.22%
	XYL	D	0.22%
	EXPD	D	0.22%
	IBKR	A	0.21%
	CINF	A	0.21%
	ULTA	F	0.21%
	WAT	B	0.21%
	BURL	A	0.21%
	TROW	B	0.21%
	SSNC	B	0.21%
	DTE	C	0.21%
	FTV	C	0.2%
	AKAM	D	0.2%
	ALNY	D	0.2%
	PPL	B	0.2%
	EXPE	B	0.2%
	FE	C	0.2%
	NTRS	A	0.2%
	CTRA	B	0.2%
	PODD	C	0.19%
	EMN	D	0.19%
	ATO	A	0.19%
	FOXA	B	0.19%
	GPC	D	0.19%
	LNT	A	0.19%
	BG	F	0.19%
	L	A	0.19%
	TWLO	A	0.19%
	CMS	C	0.19%
	KEY	B	0.19%
	WRB	A	0.19%
	SWKS	F	0.18%
	ARES	A	0.18%
	RVTY	F	0.18%
	CLX	B	0.18%
	DOCU	A	0.18%
	STX	D	0.18%
	JBHT	C	0.18%
	CMI	A	0.18%
	BALL	D	0.18%
	HAL	C	0.18%
	FNF	B	0.18%
	AWK	D	0.18%
	K	A	0.18%
	ZM	B	0.17%
	MAS	D	0.17%
	CCL	B	0.17%
	IEX	B	0.17%
	CF	B	0.17%
	ES	D	0.17%
	KMX	B	0.17%
	VICI	C	0.17%
	ENTG	D	0.17%
	LYB	F	0.17%
	SWK	D	0.16%
	WY	D	0.16%
	VTR	C	0.16%
	ALV	C	0.16%
	DLTR	F	0.16%
	TSN	B	0.16%
	AMCR	D	0.15%
	UAL	A	0.15%
	EQR	B	0.15%
	AIT	A	0.15%
	TRU	D	0.15%
	CBOE	B	0.15%
	TAP	C	0.15%
	LKQ	D	0.15%
	DPZ	C	0.15%
	IFF	D	0.15%
	AVTR	F	0.15%
	SFM	A	0.15%
	AVB	B	0.15%
	VLTO	D	0.14%
	DAL	C	0.14%
	EPAM	C	0.14%
	GPN	B	0.14%
	LW	C	0.14%
	UDR	B	0.14%
	VRSN	F	0.14%
	MKC	D	0.14%
	SJM	D	0.14%
	UFPI	B	0.13%
	CPB	D	0.13%
	LYV	A	0.13%
	INCY	C	0.13%
	BMRN	D	0.12%
	ENSG	D	0.12%
	CAG	D	0.12%
	ESS	B	0.12%
	CMC	B	0.12%
	J	F	0.12%
	DD	D	0.12%
	PPG	F	0.12%
	INVH	D	0.12%
	AES	F	0.12%
	HEI	B	0.11%
	SBAC	D	0.11%
	ARE	D	0.11%
	BAX	D	0.11%
	ROL	B	0.11%
	MAA	B	0.11%
	NET	B	0.11%
	ERIE	D	0.11%
	PAYC	B	0.11%
	DOC	D	0.1%
	WPC	D	0.1%
	CE	F	0.1%
	MLI	C	0.1%
	PINS	D	0.1%
	TMHC	B	0.1%
	SSB	B	0.1%
	RBLX	C	0.1%
	HPQ	B	0.1%
	HQY	B	0.1%
	ALGN	D	0.1%
	MDB	C	0.09%
	WBD	C	0.09%
	HEI	B	0.09%
	ZS	C	0.09%
	TW	A	0.09%
	ANF	C	0.09%
	JXN	C	0.09%
	FOX	A	0.09%
	HALO	F	0.09%
	CNH	C	0.09%
	VEEV	C	0.09%
	SUI	D	0.09%
	DKNG	B	0.09%
	FN	D	0.09%
	BEN	C	0.08%
	ESNT	D	0.08%
	ICLR	D	0.08%
	SPSC	C	0.08%
	OKTA	C	0.08%
	FLR	B	0.08%
	MUR	D	0.08%
	ALB	C	0.08%
	NSIT	F	0.08%
	NOVT	D	0.08%
	SOLV	C	0.08%
	CRBG	B	0.08%
	ENPH	F	0.07%
	PCVX	D	0.07%
	ILMN	D	0.07%
	HLNE	B	0.07%
	RPRX	D	0.07%
	WTS	B	0.07%
	WLK	D	0.06%
	EDR	A	0.06%
	CHX	C	0.06%
	SIGI	C	0.06%
	EXLS	B	0.06%
	ADTN	A	0.06%
	HRL	D	0.06%
	SMCI	F	0.05%
	RVMD	C	0.05%
	RHP	B	0.05%
	CVLT	B	0.05%
	TRNO	F	0.05%
	IBP	D	0.05%
	SNAP	C	0.05%
	BMI	B	0.05%
	ALTR	B	0.05%
	SUM	B	0.05%
	ONB	B	0.05%
	ENLC	A	0.04%
	CSGP	D	0.04%
	ZWS	B	0.04%
	CYTK	F	0.04%
	LUV	C	0.04%
	IOT	A	0.04%
	CRS	A	0.04%
	MOG.A	B	0.04%
	MOD	A	0.04%
	LNTH	D	0.04%
	INSM	C	0.04%
	AUR	C	0.03%
	GKOS	B	0.03%
	CWST	A	0.03%
	BPMC	C	0.03%
	WMG	C	0.03%
	RCM	F	0.03%
	BECN	B	0.02%
	CHWY	B	0.02%
	CNA	B	0.02%
	VERX	B	0.02%
	CWAN	B	0.02%
	LEVI	F	0.02%
	VRNS	D	0.02%
	SMMT	D	0.01%
	RKT	F	0.01%
	RBRK	A	0.01%
	SIRI	C	0.01%
	NPAB	B	0.01%
	KNTK	B	0.01%
	STEP	B	0.01%

JHMM Underweight 158 Positions Relative to SMMD

	Symbol	Grade	Weight
	IWM	B	-41.9%
	EXE	B	-0.34%
	CAVA	B	-0.16%
	NLY	C	-0.15%
	CZR	F	-0.12%
	RIVN	F	-0.12%
	AGNC	D	-0.11%
	RYAN	B	-0.11%
	CART	C	-0.11%
	KD	B	-0.11%
	COLB	A	-0.1%
	ALK	C	-0.1%
	AZPN	A	-0.1%
	VMI	B	-0.1%
	HR	C	-0.1%
	AWI	A	-0.1%
	LITE	B	-0.09%
	THG	A	-0.09%
	JHG	A	-0.09%
	NFG	A	-0.09%
	AMG	B	-0.09%
	TPG	A	-0.09%
	LYFT	C	-0.09%
	VNT	B	-0.09%
	FNB	A	-0.09%
	IDA	A	-0.09%
	STWD	C	-0.09%
	LAZ	B	-0.09%
	RH	B	-0.08%
	AL	B	-0.08%
	OZK	B	-0.08%
	UGI	A	-0.08%
	SLM	A	-0.08%
	BC	C	-0.08%
	INSP	D	-0.08%
	VNOM	A	-0.08%
	CCCS	B	-0.08%
	RITM	C	-0.08%
	OLLI	D	-0.08%
	BROS	B	-0.08%
	KMPR	B	-0.07%
	RYN	D	-0.07%
	FIVE	F	-0.07%
	EEFT	B	-0.07%
	SLGN	A	-0.07%
	KRC	C	-0.07%
	LOPE	B	-0.07%
	CUZ	B	-0.07%
	AGO	B	-0.07%
	AVT	C	-0.07%
	HXL	D	-0.07%
	BYD	C	-0.07%
	OLN	D	-0.07%
	WTM	A	-0.07%
	VVV	F	-0.07%
	NWL	B	-0.06%
	NVST	B	-0.06%
	DNB	B	-0.06%
	XRAY	F	-0.06%
	OGN	D	-0.06%
	GTES	A	-0.06%
	MSM	C	-0.06%
	ASH	D	-0.06%
	MDU	D	-0.06%
	DXC	B	-0.06%
	HOG	D	-0.06%
	W	F	-0.06%
	M	D	-0.06%
	RARE	D	-0.06%
	SEE	C	-0.06%
	FLO	D	-0.06%
	MSGS	A	-0.06%
	LNC	B	-0.06%
	NSA	D	-0.05%
	PENN	C	-0.05%
	PK	B	-0.05%
	CC	C	-0.05%
	VIRT	B	-0.05%
	WEN	D	-0.05%
	BHF	B	-0.05%
	HUN	F	-0.05%
	VAC	B	-0.05%
	SMG	D	-0.05%
	ZI	D	-0.05%
	ECG	C	-0.05%
	YETI	C	-0.05%
	LLYVK	A	-0.05%
	IRDM	D	-0.05%
	HIW	D	-0.05%
	NCNO	B	-0.05%
	EPR	D	-0.05%
	PII	D	-0.05%
	FHB	A	-0.05%
	IAC	D	-0.05%
	TNL	A	-0.05%
	SPR	D	-0.05%
	PRGO	B	-0.05%
	AZTA	D	-0.04%
	WU	D	-0.04%
	MP	B	-0.04%
	SPB	C	-0.04%
	MPW	F	-0.04%
	ALGM	D	-0.04%
	ENOV	C	-0.04%
	HHH	B	-0.04%
	COLM	B	-0.04%
	SAM	C	-0.04%
	FIVN	C	-0.04%
	CXT	B	-0.04%
	RNG	B	-0.04%
	AMED	F	-0.04%
	DV	C	-0.04%
	MAN	D	-0.04%
	APLS	D	-0.04%
	TDC	D	-0.04%
	CAR	C	-0.03%
	UAA	C	-0.03%
	FTRE	D	-0.03%
	DJT	C	-0.03%
	KSS	F	-0.03%
	QS	F	-0.03%
	GO	C	-0.03%
	CNXC	F	-0.03%
	SHC	F	-0.03%
	CRI	D	-0.03%
	LCID	F	-0.03%
	QDEL	F	-0.03%
	VSTS	C	-0.03%
	IPGP	D	-0.03%
	CLVT	F	-0.03%
	LBTYK	A	-0.03%
	ADT	C	-0.03%
	LBTYA	B	-0.03%
	JWN	C	-0.03%
	CPRI	F	-0.03%
	ALAB	B	-0.03%
	AAP	C	-0.03%
	HAYW	B	-0.03%
	CWEN	C	-0.03%
	PINC	B	-0.03%
	CERT	F	-0.02%
	PYCR	C	-0.02%
	AS	B	-0.02%
	TXG	F	-0.02%
	LLYVA	A	-0.02%
	TRIP	F	-0.02%
	SNDR	B	-0.02%
	LEG	F	-0.02%
	UA	C	-0.02%
	PLTK	B	-0.01%
	NFE	D	-0.01%
	SEB	F	-0.01%
	TFSL	A	-0.01%
	WOLF	F	-0.01%
	CWEN	C	-0.01%
	LOAR	A	-0.01%
	PARAA	B	-0.0%
	SEG	B	-0.0%

JHMM: Top Represented Industries & Keywords

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

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

SMMD: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Software - Infrastructure Oil & Gas E&P Packaging & Containers Specialty Retail Apparel Manufacturing Asset Management Building Materials Diagnostics & Research Engineering & Construction Information Technology Services Leisure Semiconductors Aerospace & Defense Business Services Capital Markets Medical Care

Keywords: S&P 500 Real Estate Investment Trust Insurance Banking Computing Bank Chemical Electronics Natural Gas Aerospace Mining Telecommunications Biotechnology Medicine Beverage Insurance Products Semiconductor Construction Plastic Supply Chain Management