JMEE vs. VBR ETF Comparison

Comparison of JPMorgan Market Expansion Enhanced Equity ETF (JMEE) to Vanguard Small-Cap Value ETF - DNQ (VBR)

JMEE

JPMorgan Market Expansion Enhanced Equity ETF

JMEE Description

The investment seeks to provide investment results that correspond to or incrementally exceed the total return performance of the S&P 1000 Index that tracks the performance of the small- and mid-capitalization equity markets. Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. The index is an index which includes stocks of small- and mid-capitalization companies. The fund may use futures contracts to gain or reduce exposure to its index, maintain liquidity and minimize transaction costs.

Grade (RS Rating)

Last Trade

$64.22

Average Daily Volume

76,554

Number of Holdings ^*

578

* may have additional holdings in another (foreign) market

VBR

Vanguard Small-Cap Value ETF - DNQ

VBR Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Value Index, a broadly diversified index of value stocks of small U.S. companies. 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

$210.38

Average Daily Volume

424,285

Number of Holdings ^*

797

* may have additional holdings in another (foreign) market

Performance

Period	JMEE	VBR
30 Days	4.00%	4.08%
60 Days	8.64%	8.07%
90 Days	9.89%	10.34%
12 Months	31.71%	32.02%

360 Overlapping Holdings

Symbol	Grade	Weight in JMEE	Weight in VBR	Overlap
AA	C	0.19%	0.29%	0.19%
AAP	D	0.06%	0.07%	0.06%
AAT	C	0.1%	0.04%	0.04%
ABCB	B	0.37%	0.12%	0.12%
ABG	B	0.15%	0.14%	0.14%
ABM	B	0.1%	0.1%	0.1%
ACA	B	0.14%	0.13%	0.13%
ACHC	F	0.1%	0.16%	0.1%
ACM	B	0.62%	0.4%	0.4%
ADC	A	0.3%	0.22%	0.22%
AEO	F	0.08%	0.11%	0.08%
AFG	A	0.27%	0.29%	0.27%
AGCO	F	0.29%	0.18%	0.18%
AGO	B	0.11%	0.11%	0.11%
AIT	A	0.26%	0.25%	0.25%
ALK	A	0.16%	0.16%	0.16%
ALLY	C	0.22%	0.28%	0.22%
AM	B	0.11%	0.15%	0.11%
AMED	F	0.21%	0.09%	0.09%
AMG	B	0.36%	0.15%	0.15%
AMN	F	0.02%	0.05%	0.02%
AN	C	0.26%	0.17%	0.17%
ANDE	D	0.09%	0.05%	0.05%
ANF	D	0.21%	0.21%	0.21%
APLE	B	0.03%	0.09%	0.03%
APOG	B	0.05%	0.04%	0.04%
AR	B	0.09%	0.12%	0.09%
ARCB	C	0.16%	0.07%	0.07%
ARCH	B	0.04%	0.07%	0.04%
ARMK	B	0.31%	0.29%	0.29%
AROC	B	0.09%	0.09%	0.09%
ARW	F	0.31%	0.2%	0.2%
ASGN	C	0.15%	0.11%	0.11%
ASH	F	0.11%	0.12%	0.11%
ASO	F	0.06%	0.12%	0.06%
ATGE	B	0.11%	0.08%	0.08%
ATR	A	0.24%	0.31%	0.24%
AVNS	F	0.02%	0.03%	0.02%
AVNT	B	0.21%	0.13%	0.13%
AWR	B	0.08%	0.09%	0.08%
AX	B	0.11%	0.1%	0.1%
AXL	C	0.02%	0.02%	0.02%
AXTA	A	0.09%	0.23%	0.09%
AYI	B	0.28%	0.24%	0.24%
AZTA	F	0.1%	0.06%	0.06%
AZZ	B	0.05%	0.07%	0.05%
BANR	B	0.29%	0.06%	0.06%
BC	C	0.13%	0.16%	0.13%
BCC	B	0.25%	0.16%	0.16%
BCO	F	0.14%	0.14%	0.14%
BDC	C	0.15%	0.14%	0.14%
BDN	D	0.02%	0.03%	0.02%
BERY	C	0.38%	0.21%	0.21%
BFS	C	0.01%	0.01%	0.01%
BGS	F	0.02%	0.02%	0.02%
BHF	B	0.18%	0.08%	0.08%
BJ	B	0.31%	0.32%	0.31%
BJRI	B	0.02%	0.01%	0.01%
BKE	A	0.03%	0.04%	0.03%
BKU	B	0.14%	0.08%	0.08%
BLMN	F	0.03%	0.04%	0.03%
BRC	A	0.32%	0.09%	0.09%
BRKL	B	0.08%	0.02%	0.02%
BRX	A	0.43%	0.24%	0.24%
BYD	A	0.12%	0.06%	0.06%
CACI	C	0.69%	0.32%	0.32%
CADE	B	0.16%	0.17%	0.16%
CAL	D	0.04%	0.02%	0.02%
CAR	C	0.05%	0.04%	0.04%
CBSH	A	0.2%	0.2%	0.2%
CBT	C	0.32%	0.18%	0.18%
CC	C	0.12%	0.09%	0.09%
CCK	D	0.26%	0.33%	0.26%
CDP	C	0.27%	0.1%	0.1%
CENTA	C	0.04%	0.05%	0.04%
CFFN	B	0.02%	0.02%	0.02%
CFR	B	0.33%	0.19%	0.19%
CG	C	0.26%	0.29%	0.26%
CHRD	F	0.3%	0.23%	0.23%
CLF	D	0.1%	0.17%	0.1%
CMA	A	0.16%	0.23%	0.16%
CMC	B	0.27%	0.18%	0.18%
CNK	B	0.08%	0.04%	0.04%
CNO	B	0.13%	0.1%	0.1%
CNX	B	0.09%	0.13%	0.09%
CNXC	F	0.01%	0.08%	0.01%
COHR	B	0.7%	0.2%	0.2%
COLM	B	0.02%	0.04%	0.02%
COOP	B	0.28%	0.16%	0.16%
CPRI	F	0.04%	0.14%	0.04%
CR	B	0.21%	0.22%	0.21%
CRC	B	0.11%	0.12%	0.11%
CRI	D	0.02%	0.06%	0.02%
CSL	B	0.64%	0.6%	0.6%
CSR	C	0.07%	0.03%	0.03%
CUZ	C	0.18%	0.13%	0.13%
CVBF	B	0.07%	0.07%	0.07%
CWEN	D	0.07%	0.07%	0.07%
CWEN	D	0.07%	0.03%	0.03%
CWK	B	0.07%	0.09%	0.07%
CXW	B	0.05%	0.04%	0.04%
DAN	D	0.03%	0.04%	0.03%
DCI	A	0.43%	0.26%	0.26%
DINO	D	0.18%	0.21%	0.18%
DKS	F	0.33%	0.24%	0.24%
DLX	A	0.02%	0.02%	0.02%
DNOW	B	0.13%	0.04%	0.04%
DTM	B	0.14%	0.22%	0.14%
DY	C	0.12%	0.08%	0.08%
EAT	B	0.13%	0.09%	0.09%
EGP	C	0.41%	0.26%	0.26%
EHC	A	0.58%	0.28%	0.28%
EME	B	0.84%	0.58%	0.58%
ENS	D	0.1%	0.12%	0.1%
EPC	F	0.05%	0.05%	0.05%
EPR	D	0.04%	0.11%	0.04%
EQH	B	0.36%	0.39%	0.36%
ESAB	B	0.15%	0.18%	0.15%
ESNT	D	0.3%	0.19%	0.19%
EVR	B	0.18%	0.27%	0.18%
EVTC	C	0.06%	0.06%	0.06%
EWBC	B	0.63%	0.33%	0.33%
FAF	C	0.14%	0.19%	0.14%
FBIN	F	0.05%	0.32%	0.05%
FBP	B	0.2%	0.1%	0.1%
FCN	F	0.16%	0.24%	0.16%
FDP	B	0.03%	0.03%	0.03%
FHI	A	0.2%	0.08%	0.08%
FHN	A	0.45%	0.24%	0.24%
FL	F	0.04%	0.07%	0.04%
FLO	F	0.14%	0.13%	0.13%
FLR	C	0.23%	0.24%	0.23%
FLS	B	0.21%	0.2%	0.2%
FNB	A	0.19%	0.15%	0.15%
FR	C	0.37%	0.21%	0.21%
FUL	F	0.21%	0.12%	0.12%
FWRD	D	0.03%	0.01%	0.01%
FYBR	D	0.19%	0.25%	0.19%
G	B	0.38%	0.2%	0.2%
GAP	B	0.1%	0.15%	0.1%
GBCI	B	0.09%	0.15%	0.09%
GEF	A	0.08%	0.04%	0.04%
GEF	A	0.08%	0.0%	0.0%
GEO	B	0.04%	0.05%	0.04%
GES	F	0.01%	0.02%	0.01%
GFF	A	0.09%	0.09%	0.09%
GHC	B	0.02%	0.08%	0.02%
GLPI	D	0.24%	0.39%	0.24%
GME	C	0.11%	0.25%	0.11%
GMS	B	0.16%	0.1%	0.1%
GNW	B	0.07%	0.09%	0.07%
GPI	A	0.16%	0.14%	0.14%
GT	C	0.04%	0.07%	0.04%
GTY	B	0.04%	0.04%	0.04%
GVA	B	0.06%	0.1%	0.06%
HAIN	F	0.02%	0.02%	0.02%
HBI	B	0.04%	0.07%	0.04%
HCC	C	0.17%	0.1%	0.1%
HELE	C	0.03%	0.04%	0.03%
HIW	D	0.09%	0.1%	0.09%
HMN	B	0.04%	0.04%	0.04%
HOG	F	0.09%	0.13%	0.09%
HOPE	B	0.16%	0.04%	0.04%
HP	C	0.07%	0.04%	0.04%
HRB	D	0.25%	0.26%	0.25%
HTH	B	0.14%	0.04%	0.04%
HTZ	C	0.01%	0.01%	0.01%
HUBG	A	0.08%	0.08%	0.08%
HWC	B	0.19%	0.13%	0.13%
IAC	F	0.09%	0.11%	0.09%
IART	D	0.05%	0.03%	0.03%
IDA	A	0.36%	0.16%	0.16%
INGR	B	0.33%	0.26%	0.26%
IOSP	B	0.07%	0.08%	0.07%
ITGR	B	0.11%	0.13%	0.11%
ITT	A	0.31%	0.35%	0.31%
JAZZ	B	0.25%	0.19%	0.19%
JEF	A	0.37%	0.26%	0.26%
JHG	B	0.22%	0.14%	0.14%
JLL	C	0.42%	0.37%	0.37%
JXN	B	0.18%	0.2%	0.18%
KAR	B	0.06%	0.05%	0.05%
KBH	D	0.15%	0.16%	0.15%
KBR	B	0.24%	0.25%	0.24%
KEX	B	0.2%	0.2%	0.2%
KFY	B	0.14%	0.11%	0.11%
KMPR	A	0.09%	0.11%	0.09%
KNF	C	0.06%	0.15%	0.06%
KNX	B	0.31%	0.24%	0.24%
KRC	C	0.16%	0.13%	0.13%
KREF	D	0.02%	0.02%	0.02%
KSS	F	0.05%	0.06%	0.05%
KTB	B	0.07%	0.13%	0.07%
LAD	B	0.24%	0.24%	0.24%
LAMR	D	0.29%	0.17%	0.17%
LEG	F	0.04%	0.05%	0.04%
LPX	B	0.23%	0.2%	0.2%
LRN	B	0.18%	0.05%	0.05%
LUMN	B	0.14%	0.21%	0.14%
LXP	C	0.23%	0.08%	0.08%
M	D	0.1%	0.12%	0.1%
MAC	B	0.04%	0.11%	0.04%
MAN	F	0.16%	0.1%	0.1%
MAT	C	0.17%	0.19%	0.17%
MATV	F	0.02%	0.03%	0.02%
MATX	A	0.23%	0.14%	0.14%
MDU	F	0.09%	0.15%	0.09%
MHO	D	0.11%	0.06%	0.06%
MKSI	C	0.15%	0.21%	0.15%
MLI	B	0.51%	0.24%	0.24%
MLKN	D	0.05%	0.05%	0.05%
MNRO	B	0.02%	0.02%	0.02%
MODG	F	0.05%	0.02%	0.02%
MSM	B	0.11%	0.11%	0.11%
MTG	C	0.34%	0.19%	0.19%
MTH	D	0.2%	0.21%	0.2%
MTRN	B	0.12%	0.07%	0.07%
MTX	B	0.06%	0.07%	0.06%
MTZ	B	0.21%	0.11%	0.11%
MUR	F	0.12%	0.14%	0.12%
MUSA	B	0.3%	0.26%	0.26%
MXL	C	0.22%	0.02%	0.02%
NATL	B	0.08%	0.06%	0.06%
NBHC	B	0.21%	0.05%	0.05%
NGVT	B	0.04%	0.04%	0.04%
NNN	F	0.17%	0.26%	0.17%
NSP	F	0.06%	0.09%	0.06%
NVRI	F	0.01%	0.01%	0.01%
NVT	B	0.57%	0.34%	0.34%
NWE	C	0.07%	0.1%	0.07%
NWL	B	0.09%	0.09%	0.09%
NX	C	0.02%	0.04%	0.02%
NYT	C	0.24%	0.25%	0.24%
OC	A	0.49%	0.44%	0.44%
ODP	F	0.02%	0.03%	0.02%
OFG	B	0.19%	0.06%	0.06%
OGE	B	0.41%	0.24%	0.24%
OGS	A	0.19%	0.12%	0.12%
OHI	C	0.18%	0.3%	0.18%
OI	D	0.05%	0.06%	0.05%
OMCL	C	0.06%	0.06%	0.06%
ONB	B	0.27%	0.17%	0.17%
ORI	A	0.18%	0.24%	0.18%
OSK	B	0.19%	0.19%	0.19%
OVV	C	0.3%	0.29%	0.29%
PAG	B	0.17%	0.09%	0.09%
PB	B	0.22%	0.19%	0.19%
PBF	F	0.07%	0.08%	0.07%
PBH	A	0.03%	0.1%	0.03%
PCH	F	0.24%	0.1%	0.1%
PENN	B	0.08%	0.08%	0.08%
PFGC	B	0.51%	0.35%	0.35%
PHIN	B	0.18%	0.06%	0.06%
PII	F	0.07%	0.13%	0.07%
PIPR	B	0.22%	0.14%	0.14%
PK	B	0.06%	0.08%	0.06%
PNFP	B	0.4%	0.1%	0.1%
POST	D	0.15%	0.08%	0.08%
PPC	B	0.07%	0.05%	0.05%
PR	C	0.2%	0.12%	0.12%
PRAA	B	0.03%	0.02%	0.02%
PRGS	A	0.06%	0.08%	0.06%
PSMT	C	0.08%	0.06%	0.06%
PTEN	C	0.09%	0.09%	0.09%
PUMP	D	0.02%	0.02%	0.02%
PVH	C	0.18%	0.16%	0.16%
R	A	0.21%	0.17%	0.17%
RDN	C	0.14%	0.15%	0.14%
REZI	A	0.09%	0.08%	0.08%
RGA	A	0.54%	0.41%	0.41%
RLI	A	0.25%	0.19%	0.19%
RNR	D	0.35%	0.41%	0.35%
RNST	B	0.05%	0.06%	0.05%
ROIC	A	0.2%	0.05%	0.05%
RPM	A	0.33%	0.45%	0.33%
RRC	B	0.28%	0.2%	0.2%
RRX	C	0.28%	0.32%	0.28%
RS	B	0.64%	0.46%	0.46%
RUSHA	B	0.07%	0.1%	0.07%
RYN	F	0.09%	0.14%	0.09%
SAH	B	0.02%	0.02%	0.02%
SAIC	C	0.2%	0.21%	0.2%
SBRA	C	0.16%	0.13%	0.13%
SCHL	D	0.05%	0.02%	0.02%
SCI	B	0.29%	0.31%	0.29%
SEIC	A	0.25%	0.23%	0.23%
SF	B	0.27%	0.26%	0.26%
SFM	B	0.48%	0.32%	0.32%
SHOO	D	0.12%	0.05%	0.05%
SIG	B	0.07%	0.13%	0.07%
SKYW	B	0.12%	0.09%	0.09%
SLG	C	0.12%	0.13%	0.12%
SLGN	A	0.11%	0.12%	0.11%
SLM	B	0.34%	0.14%	0.14%
SM	C	0.32%	0.07%	0.07%
SMG	D	0.07%	0.11%	0.07%
SNV	B	0.28%	0.18%	0.18%
SNX	C	0.28%	0.22%	0.22%
SON	D	0.27%	0.15%	0.15%
SR	C	0.05%	0.11%	0.05%
STAG	D	0.03%	0.21%	0.03%
STRA	C	0.05%	0.06%	0.05%
STWD	D	0.14%	0.19%	0.14%
SUPN	B	0.05%	0.05%	0.05%
SWX	B	0.03%	0.13%	0.03%
SXI	B	0.04%	0.06%	0.04%
SXT	B	0.06%	0.1%	0.06%
TCBI	B	0.08%	0.1%	0.08%
TDC	D	0.08%	0.08%	0.08%
TDS	B	0.07%	0.06%	0.06%
TEX	D	0.11%	0.1%	0.1%
THC	B	0.66%	0.46%	0.46%
THO	B	0.14%	0.16%	0.14%
TILE	B	0.04%	0.02%	0.02%
TKR	F	0.2%	0.15%	0.15%
TMHC	C	0.15%	0.2%	0.15%
TNL	A	0.16%	0.09%	0.09%
TOL	C	0.44%	0.46%	0.44%
TPH	D	0.13%	0.12%	0.12%
TRMK	B	0.05%	0.05%	0.05%
TTEK	C	0.33%	0.36%	0.33%
UAA	B	0.12%	0.05%	0.05%
UCB	B	0.05%	0.1%	0.05%
UFPI	B	0.39%	0.22%	0.22%
UGI	D	0.18%	0.15%	0.15%
UMBF	B	0.06%	0.13%	0.06%
UNFI	C	0.02%	0.03%	0.02%
UNM	A	0.53%	0.25%	0.25%
USFD	A	0.36%	0.43%	0.36%
UTHR	B	1.03%	0.46%	0.46%
VAC	B	0.09%	0.07%	0.07%
VFC	C	0.21%	0.22%	0.21%
VIRT	B	0.11%	0.07%	0.07%
VMI	B	0.12%	0.17%	0.12%
VNT	B	0.1%	0.15%	0.1%
VOYA	B	0.22%	0.22%	0.22%
VRE	B	0.03%	0.04%	0.03%
VRTS	B	0.08%	0.04%	0.04%
VSCO	B	0.12%	0.06%	0.06%
VVV	B	0.22%	0.16%	0.16%
VYX	B	0.08%	0.06%	0.06%
WAFD	B	0.12%	0.08%	0.08%
WAL	B	0.18%	0.26%	0.18%
WBS	A	0.43%	0.23%	0.23%
WCC	B	0.23%	0.24%	0.23%
WD	D	0.03%	0.1%	0.03%
WKC	D	0.05%	0.05%	0.05%
WNC	C	0.02%	0.02%	0.02%
WSFS	B	0.09%	0.09%	0.09%
WSM	F	0.35%	0.45%	0.35%
WT	B	0.03%	0.04%	0.03%
WTFC	B	0.19%	0.21%	0.19%
WTRG	C	0.25%	0.27%	0.25%
WTS	B	0.33%	0.16%	0.16%
WU	F	0.08%	0.12%	0.08%
WWW	B	0.05%	0.04%	0.04%
X	C	0.17%	0.21%	0.17%
XHR	B	0.08%	0.02%	0.02%
XPO	B	0.41%	0.17%	0.17%
ZD	B	0.06%	0.06%	0.06%

JMEE Overweight 220 Positions Relative to VBR

Symbol	Grade	Weight
EXEL	B	0.81%
PSTG	D	0.62%
CLH	B	0.54%
FN	B	0.5%
MANH	C	0.49%
TXRH	A	0.49%
CASY	B	0.48%
GMED	B	0.45%
WSO	A	0.45%
LII	B	0.44%
TPL	B	0.44%
FIX	B	0.44%
MASI	B	0.42%
GGG	B	0.41%
MTDR	C	0.41%
CUBE	D	0.37%
IBKR	A	0.37%
ILMN	C	0.36%
CHDN	C	0.35%
FELE	A	0.35%
NBIX	C	0.34%
WEX	D	0.33%
EPRT	C	0.33%
FNF	C	0.32%
DT	C	0.31%
AMH	C	0.31%
PTGX	C	0.3%
RUN	F	0.3%
KLIC	C	0.3%
GKOS	A	0.29%
DUOL	B	0.29%
SKX	F	0.29%
BLD	F	0.29%
CASH	B	0.28%
SRPT	F	0.28%
LNW	F	0.28%
HQY	B	0.28%
WMS	F	0.28%
IRDM	C	0.27%
VIR	C	0.27%
BRBR	A	0.27%
WING	D	0.27%
BURL	C	0.27%
MEDP	C	0.25%
NMIH	C	0.24%
BWXT	A	0.24%
CHE	D	0.24%
UCTT	F	0.24%
LECO	C	0.24%
RBC	B	0.23%
CIEN	B	0.23%
HAE	B	0.23%
ELS	C	0.22%
EXP	B	0.22%
CPK	A	0.22%
PEN	B	0.22%
OLED	F	0.21%
PLMR	C	0.21%
EXLS	B	0.21%
PLNT	A	0.21%
LNTH	F	0.21%
HAFC	B	0.21%
ONTO	F	0.2%
CHX	D	0.2%
TPX	B	0.2%
PCTY	A	0.2%
ELF	C	0.2%
AAON	B	0.2%
LSCC	D	0.2%
ENSG	C	0.19%
TKO	D	0.19%
SPSC	D	0.19%
CIVI	F	0.18%
HGV	B	0.18%
CPF	B	0.18%
ENVA	B	0.18%
UTL	C	0.18%
OII	B	0.17%
DAR	B	0.17%
COKE	C	0.17%
SSD	D	0.17%
ATI	D	0.17%
RMBS	B	0.17%
CROX	F	0.17%
NOV	C	0.17%
LSTR	B	0.16%
KRG	B	0.16%
LBRT	F	0.16%
OPCH	F	0.16%
REXR	F	0.16%
RBA	B	0.15%
FND	F	0.15%
BCPC	B	0.15%
BOOT	D	0.15%
CNM	D	0.15%
IDCC	B	0.15%
GTLS	A	0.15%
RAMP	C	0.15%
MORN	B	0.15%
MMS	D	0.15%
CGNX	C	0.15%
BRKR	F	0.15%
MMSI	B	0.14%
QLYS	B	0.14%
FSS	C	0.14%
ACIW	B	0.14%
CTRE	C	0.14%
GXO	B	0.14%
TTC	F	0.13%
ALV	C	0.13%
MTN	D	0.13%
ALG	B	0.13%
AEIS	C	0.13%
HXL	D	0.13%
KNSL	C	0.13%
IRT	A	0.12%
IBP	F	0.12%
H	B	0.12%
TRIP	D	0.12%
SNEX	B	0.12%
GRBK	D	0.12%
MARA	C	0.12%
CELH	F	0.12%
LOPE	B	0.12%
AVAV	C	0.12%
FTDR	B	0.11%
CALM	B	0.11%
OLLI	C	0.11%
TBBK	B	0.11%
SHAK	C	0.11%
ICHR	C	0.11%
CVCO	B	0.1%
FORM	F	0.1%
RH	C	0.1%
SAIA	B	0.1%
VBTX	B	0.1%
DORM	B	0.1%
BANC	B	0.1%
POWI	C	0.1%
MCRI	A	0.1%
GNTX	C	0.1%
SMTC	B	0.09%
VAL	F	0.09%
ARWR	C	0.09%
MYRG	B	0.09%
FLGT	F	0.09%
PATK	D	0.09%
JBT	A	0.09%
CHEF	B	0.09%
SITM	B	0.08%
DFIN	D	0.08%
WWD	B	0.08%
YETI	C	0.08%
RDNT	B	0.08%
SMPL	B	0.08%
CRS	B	0.08%
IIPR	F	0.08%
QNST	C	0.08%
SBSI	B	0.08%
CRVL	B	0.08%
ACLS	F	0.08%
CEIX	B	0.08%
BSIG	B	0.08%
CWT	D	0.07%
DIOD	F	0.07%
FIVE	F	0.07%
RGEN	C	0.07%
WFRD	D	0.06%
DV	C	0.06%
CW	B	0.06%
ROCK	C	0.06%
JBSS	F	0.06%
WPC	F	0.06%
HWKN	C	0.06%
SBCF	B	0.06%
CCS	F	0.06%
CARG	B	0.06%
AMR	C	0.06%
FCPT	C	0.06%
RGLD	C	0.06%
YELP	C	0.06%
GOGO	C	0.05%
CNMD	C	0.05%
EXPO	D	0.05%
ADUS	D	0.05%
AHH	D	0.05%
PRDO	B	0.05%
KLG	D	0.04%
WGO	B	0.04%
PLAB	C	0.04%
PLAY	C	0.04%
ADNT	D	0.04%
REX	C	0.04%
DCOM	B	0.04%
RCM	B	0.04%
EXPI	C	0.03%
SCVL	D	0.03%
GDEN	B	0.03%
DGII	B	0.03%
VTOL	B	0.03%
CUBI	B	0.03%
TREX	C	0.03%
COHU	C	0.03%
PFBC	B	0.03%
GPRE	F	0.02%
XPEL	C	0.02%
ASIX	B	0.02%
LPG	F	0.02%
DXPE	B	0.02%
ALGT	B	0.02%
HFWA	B	0.02%
WOLF	F	0.02%
HSTM	A	0.02%
EEFT	C	0.02%
EFC	C	0.02%
SXC	B	0.02%
VECO	F	0.01%
HSII	B	0.01%
TALO	C	0.01%
MYE	F	0.01%

JMEE Underweight 437 Positions Relative to VBR

Symbol	Grade	Weight
SW	C	-0.74%
BLDR	D	-0.65%
BAH	C	-0.61%
ATO	A	-0.58%
FCNCA	B	-0.57%
NRG	B	-0.54%
PNR	A	-0.47%
IEX	B	-0.47%
KIM	A	-0.45%
AES	F	-0.41%
BG	D	-0.39%
EMN	D	-0.38%
REG	A	-0.38%
CPT	C	-0.38%
ALLE	D	-0.37%
JNPR	D	-0.37%
FFIV	A	-0.37%
JBL	C	-0.37%
UHS	D	-0.37%
KMX	C	-0.35%
SJM	F	-0.35%
CHRW	A	-0.35%
TFX	F	-0.34%
IPG	F	-0.34%
BXP	D	-0.33%
HUBB	B	-0.33%
LDOS	B	-0.32%
EPAM	B	-0.31%
TPR	B	-0.31%
AIZ	A	-0.3%
HII	D	-0.3%
LKQ	D	-0.3%
TAP	B	-0.29%
PNW	B	-0.29%
HAS	D	-0.28%
FRT	C	-0.28%
SOLV	D	-0.28%
QRVO	F	-0.28%
Z	B	-0.28%
HSIC	F	-0.27%
STLD	B	-0.27%
GL	B	-0.27%
GPK	D	-0.26%
PRI	A	-0.26%
APA	F	-0.26%
MOS	D	-0.25%
MHK	D	-0.25%
APG	B	-0.24%
AGNC	C	-0.24%
FMC	F	-0.24%
BWA	B	-0.24%
ALSN	A	-0.24%
SWN	C	-0.23%
DOC	C	-0.23%
MIDD	C	-0.22%
IVZ	C	-0.22%
NI	A	-0.22%
VNO	C	-0.21%
BPOP	C	-0.21%
ELAN	D	-0.21%
AAL	B	-0.21%
RL	B	-0.21%
SSB	B	-0.21%
DVA	C	-0.2%
ZION	B	-0.2%
UHAL	C	-0.2%
BBWI	C	-0.2%
NSIT	F	-0.2%
BIO	C	-0.19%
MSA	D	-0.19%
CRUS	F	-0.19%
RHI	B	-0.19%
EVRG	A	-0.19%
LEA	F	-0.18%
MOG.A	B	-0.17%
WHR	B	-0.17%
ACI	C	-0.17%
ESI	B	-0.17%
AXS	A	-0.17%
ST	F	-0.16%
COLB	B	-0.16%
XRAY	F	-0.16%
AUR	D	-0.16%
NFG	C	-0.16%
ALB	B	-0.16%
OLN	D	-0.16%
OMF	A	-0.16%
PARA	C	-0.16%
SRCL	B	-0.16%
SIGI	B	-0.16%
NXST	C	-0.15%
SIRI	D	-0.15%
KD	A	-0.15%
BECN	B	-0.15%
LNC	B	-0.15%
TPG	B	-0.14%
GATX	A	-0.14%
RIVN	D	-0.14%
AVT	C	-0.14%
THG	A	-0.14%
SUM	C	-0.14%
HOMB	A	-0.14%
ZWS	B	-0.14%
OGN	F	-0.14%
POR	D	-0.14%
PSN	B	-0.14%
UBSI	B	-0.14%
LYFT	B	-0.13%
NUVL	D	-0.13%
MGM	D	-0.13%
FFIN	B	-0.13%
NCLH	B	-0.13%
AL	B	-0.13%
OZK	B	-0.13%
NJR	A	-0.13%
HASI	F	-0.12%
GTES	B	-0.12%
WTM	A	-0.12%
ICUI	D	-0.12%
SEE	C	-0.12%
BKH	B	-0.12%
ESGR	C	-0.11%
NHI	D	-0.11%
ALE	A	-0.11%
PLXS	C	-0.11%
DXC	B	-0.11%
DNB	B	-0.11%
MDGL	C	-0.11%
VLY	B	-0.11%
EDR	C	-0.11%
PNM	B	-0.11%
HUN	F	-0.11%
HL	D	-0.11%
MGEE	A	-0.1%
ESE	B	-0.1%
IBOC	B	-0.1%
AUB	B	-0.1%
AMKR	F	-0.1%
NVST	C	-0.1%
NPO	B	-0.1%
MPW	F	-0.1%
SANM	B	-0.1%
BNL	D	-0.1%
PRGO	C	-0.1%
SEM	B	-0.1%
SKT	B	-0.1%
SATS	C	-0.09%
FHB	B	-0.09%
PRIM	B	-0.09%
ALIT	B	-0.09%
UNF	B	-0.09%
WEN	C	-0.09%
APAM	B	-0.09%
ATKR	D	-0.09%
AVA	C	-0.09%
CBU	B	-0.09%
SYNA	D	-0.09%
ASB	B	-0.09%
COMP	B	-0.09%
WBA	D	-0.09%
BEN	C	-0.09%
BTU	B	-0.09%
EBC	B	-0.09%
COTY	F	-0.09%
OTTR	C	-0.09%
BGC	C	-0.09%
FULT	B	-0.09%
TGNA	B	-0.08%
URBN	C	-0.08%
CXT	D	-0.08%
AIN	D	-0.08%
ABR	B	-0.08%
ADTN	B	-0.08%
TRN	B	-0.08%
WLK	F	-0.08%
PFSI	D	-0.08%
DEI	C	-0.08%
CATY	B	-0.08%
JWN	B	-0.08%
WERN	B	-0.07%
ENR	B	-0.07%
FFBC	B	-0.07%
PFS	B	-0.07%
PECO	A	-0.07%
HAYW	C	-0.07%
BOKF	B	-0.07%
VSH	F	-0.07%
BFH	B	-0.07%
SMMT	D	-0.07%
INDB	B	-0.07%
ENOV	C	-0.07%
HNI	B	-0.07%
PPBI	B	-0.07%
PRK	B	-0.07%
DBRG	F	-0.07%
OSIS	B	-0.07%
RNG	B	-0.07%
AKR	C	-0.07%
CDE	D	-0.07%
BOH	B	-0.07%
SPB	B	-0.07%
RNA	B	-0.07%
IOVA	D	-0.07%
FIBK	B	-0.07%
SFNC	B	-0.07%
MGRC	B	-0.07%
OUT	C	-0.07%
BXMT	D	-0.07%
UE	B	-0.07%
BANF	B	-0.06%
RXO	C	-0.06%
HURN	B	-0.06%
GNL	D	-0.06%
PRG	B	-0.06%
HI	C	-0.06%
VSTS	D	-0.06%
NMRK	B	-0.06%
THS	F	-0.06%
INFA	D	-0.06%
WLY	A	-0.06%
IPGP	C	-0.06%
SFBS	B	-0.06%
JOBY	C	-0.06%
NBTB	B	-0.06%
VGR	B	-0.06%
VIAV	B	-0.06%
PINC	A	-0.06%
KMT	B	-0.06%
CGON	D	-0.06%
LAUR	B	-0.06%
EQC	C	-0.06%
IBTX	B	-0.06%
IVT	B	-0.06%
FRME	B	-0.06%
SHO	C	-0.06%
TOWN	B	-0.06%
ZG	B	-0.06%
BLKB	C	-0.06%
AIR	C	-0.06%
MIR	C	-0.06%
VRNT	D	-0.05%
CABO	B	-0.05%
UPBD	B	-0.05%
HLIO	B	-0.05%
HE	F	-0.05%
LTC	B	-0.05%
CRGY	B	-0.05%
REYN	D	-0.05%
STEP	B	-0.05%
CHCO	B	-0.05%
DDS	C	-0.05%
NHC	B	-0.05%
SCL	C	-0.05%
FCF	B	-0.05%
NPAB	F	-0.05%
WSBC	B	-0.05%
NWBI	B	-0.05%
DRH	B	-0.05%
PDCO	F	-0.05%
TROX	F	-0.05%
LGND	B	-0.05%
MCY	B	-0.05%
PZZA	D	-0.05%
TTMI	B	-0.05%
GOLF	B	-0.05%
FTRE	D	-0.05%
LZB	C	-0.05%
B	A	-0.05%
CAKE	B	-0.05%
IMVT	D	-0.05%
PBI	C	-0.04%
AIV	C	-0.04%
INSW	F	-0.04%
PMT	D	-0.04%
UVV	B	-0.04%
WOR	F	-0.04%
PDM	D	-0.04%
WABC	B	-0.04%
JELD	F	-0.04%
ARI	D	-0.04%
BKD	F	-0.04%
OXM	D	-0.04%
NNI	C	-0.04%
UNIT	C	-0.04%
VC	D	-0.04%
LADR	B	-0.04%
VCTR	B	-0.04%
SPNT	C	-0.04%
VSAT	F	-0.04%
CSGS	B	-0.04%
RRR	F	-0.04%
REVG	B	-0.04%
SBH	C	-0.04%
ALEX	B	-0.04%
CODI	B	-0.04%
ESRT	D	-0.04%
LCII	C	-0.04%
NTCT	B	-0.04%
GBX	A	-0.04%
HEES	B	-0.04%
JBGS	F	-0.04%
KN	B	-0.04%
BHE	C	-0.04%
STBA	B	-0.04%
DYN	C	-0.04%
GO	C	-0.04%
ELME	D	-0.04%
NWN	B	-0.04%
USM	C	-0.03%
SMR	B	-0.03%
CMTG	D	-0.03%
JACK	D	-0.03%
BV	B	-0.03%
LGF.A	F	-0.03%
DNUT	D	-0.03%
MMI	B	-0.03%
JBLU	C	-0.03%
TRS	C	-0.03%
MD	C	-0.03%
CBRL	C	-0.03%
THR	D	-0.03%
FA	D	-0.03%
ATSG	A	-0.03%
RWT	D	-0.03%
INVA	B	-0.03%
VSTO	A	-0.03%
LEVI	F	-0.03%
MRC	B	-0.03%
HTLF	B	-0.03%
SCSC	B	-0.03%
CARS	B	-0.03%
SNDR	B	-0.03%
UA	B	-0.03%
ECPG	B	-0.03%
FBRT	C	-0.03%
CNNE	B	-0.03%
ETWO	D	-0.03%
KALU	B	-0.03%
WMK	B	-0.03%
WS	B	-0.03%
KFRC	C	-0.03%
ACT	C	-0.03%
KWR	C	-0.03%
SCS	C	-0.03%
XRX	F	-0.03%
OMI	F	-0.03%
DK	D	-0.03%
SAFT	B	-0.03%
BHLB	B	-0.03%
AMRX	B	-0.03%
GIII	D	-0.03%
MYGN	F	-0.03%
EIG	A	-0.03%
NAVI	D	-0.03%
MSGE	F	-0.03%
LC	B	-0.03%
HTLD	C	-0.02%
ATUS	B	-0.02%
FOR	F	-0.02%
BMBL	C	-0.02%
BASE	C	-0.02%
CMPR	D	-0.02%
HY	F	-0.02%
KELYA	F	-0.02%
PCRX	D	-0.02%
SWI	B	-0.02%
TMP	B	-0.02%
MATW	C	-0.02%
HPP	F	-0.02%
UHAL	C	-0.02%
HLF	D	-0.02%
RGR	F	-0.02%
KOP	C	-0.02%
ECVT	C	-0.02%
AMWD	B	-0.02%
ASTE	B	-0.02%
BRSP	B	-0.02%
PRLB	B	-0.02%
SVC	F	-0.02%
SEB	D	-0.02%
PRA	B	-0.02%
CVI	F	-0.02%
EMBC	B	-0.02%
HCSG	B	-0.02%
FG	B	-0.02%
EYE	D	-0.02%
RBRK	B	-0.02%
NUS	D	-0.01%
LDI	B	-0.01%
BRCC	F	-0.01%
OPK	B	-0.01%
TWKS	B	-0.01%
DJT	D	-0.01%
DIN	C	-0.01%
OLPX	F	-0.01%
VREX	C	-0.01%
CENT	C	-0.01%
TGI	B	-0.01%
ALX	D	-0.01%
CMP	D	-0.01%
AMBC	C	-0.01%
TRTX	C	-0.01%
SWBI	D	-0.01%
KRO	D	-0.01%
SRCL	B	-0.01%
ZIP	C	-0.01%
NAPA	A	-0.01%
CNDT	B	-0.01%
CRCT	F	-0.01%
WOOF	D	-0.01%
EGBN	B	-0.01%
RUSHB	B	-0.01%
WRLD	C	-0.01%
INN	C	-0.01%
VMEO	B	-0.01%
EE	B	-0.01%
RMR	F	-0.01%
GRC	B	-0.01%
PTVE	C	-0.01%
NABL	F	-0.01%
USNA	C	-0.01%
CLB	C	-0.01%
SSTK	D	-0.01%
CLBK	B	-0.01%
CCO	C	-0.01%
ARRY	C	-0.01%
GCMG	C	-0.01%
LGF.A	F	-0.01%
CWH	C	-0.01%
DAWN	C	-0.01%
PWSC	C	-0.0%
SCWX	B	-0.0%
AC	B	-0.0%
AMCX	C	-0.0%
TASK	B	-0.0%
ACDC	C	-0.0%
LESL	D	-0.0%