RWJ vs. JPSE ETF Comparison

Comparison of RevenueShares Small Cap (RWJ) to JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE)

RWJ

RevenueShares Small Cap

RWJ Description

The investment seeks outperform the total return performance of the S&P SmallCap 600® Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Small Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of small capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$45.96

Average Daily Volume

122,466

Number of Holdings ^*

572

* may have additional holdings in another (foreign) market

JPSE

JPMorgan Diversified Return U.S. Small Cap Equity ETF

JPSE Description

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 2000 Diversified Factor Index.

Grade (RS Rating)

Last Trade

$48.16

Average Daily Volume

37,816

Number of Holdings ^*

532

* may have additional holdings in another (foreign) market

Performance

Period	RWJ	JPSE
30 Days	2.43%	2.68%
60 Days	6.24%	2.27%
90 Days	12.72%	9.93%
12 Months	22.38%	20.15%

323 Overlapping Holdings

	Symbol	Grade	Weight in RWJ	Weight in JPSE	Overlap
	AAT	B	0.04%	0.23%	0.04%
	ABCB	B	0.13%	0.27%	0.13%
	ABG	F	1.0%	0.11%	0.11%
	ABM	D	0.58%	0.19%	0.19%
	ABR	B	0.11%	0.18%	0.11%
	ACA	C	0.18%	0.31%	0.18%
	ACLS	F	0.06%	0.12%	0.06%
	ADUS	B	0.08%	0.23%	0.08%
	AEIS	D	0.1%	0.23%	0.1%
	AEO	D	0.35%	0.18%	0.18%
	AGYS	D	0.02%	0.29%	0.02%
	AHCO	B	0.22%	0.07%	0.07%
	AIN	D	0.08%	0.12%	0.08%
	AKR	C	0.03%	0.37%	0.03%
	ALEX	B	0.02%	0.16%	0.02%
	ALKS	C	0.13%	0.17%	0.13%
	ALRM	F	0.05%	0.11%	0.05%
	AMPH	C	0.05%	0.23%	0.05%
	AMR	F	0.17%	0.17%	0.17%
	AMWD	C	0.14%	0.06%	0.06%
	ANDE	D	0.92%	0.26%	0.26%
	ANIP	D	0.03%	0.19%	0.03%
	AOSL	D	0.05%	0.01%	0.01%
	APAM	C	0.08%	0.29%	0.08%
	APLE	D	0.09%	0.22%	0.09%
	APOG	B	0.1%	0.2%	0.1%
	ARCB	D	0.29%	0.21%	0.21%
	ARCH	F	0.17%	0.16%	0.16%
	ARI	F	0.05%	0.16%	0.05%
	AROC	C	0.07%	0.3%	0.07%
	ASIX	C	0.12%	0.11%	0.11%
	ASO	C	0.47%	0.23%	0.23%
	ASTH	B	0.13%	0.28%	0.13%
	ATEN	C	0.02%	0.16%	0.02%
	AUB	C	0.09%	0.11%	0.09%
	AVA	B	0.15%	0.32%	0.15%
	AVNS	B	0.06%	0.07%	0.06%
	AWR	B	0.05%	0.15%	0.05%
	AX	D	0.14%	0.21%	0.14%
	AZZ	C	0.1%	0.16%	0.1%
	B	D	0.1%	0.05%	0.05%
	BANF	B	0.07%	0.08%	0.07%
	BCC	C	0.49%	0.31%	0.31%
	BCPC	C	0.07%	0.32%	0.07%
	BDN	B	0.04%	0.23%	0.04%
	BGS	D	0.15%	0.2%	0.15%
	BHE	C	0.2%	0.24%	0.2%
	BKE	B	0.1%	0.32%	0.1%
	BLMN	F	0.28%	0.14%	0.14%
	BMI	B	0.06%	0.32%	0.06%
	BRKL	C	0.05%	0.0%	0.0%
	BSIG	B	0.03%	0.09%	0.03%
	BXMT	C	0.15%	0.04%	0.04%
	CABO	F	0.11%	0.18%	0.11%
	CAL	F	0.17%	0.03%	0.03%
	CALM	B	0.2%	0.33%	0.2%
	CALX	D	0.07%	0.16%	0.07%
	CARG	B	0.07%	0.22%	0.07%
	CARS	D	0.04%	0.06%	0.04%
	CASH	B	0.07%	0.08%	0.07%
	CATY	B	0.11%	0.18%	0.11%
	CCOI	C	0.1%	0.3%	0.1%
	CCRN	F	0.11%	0.05%	0.05%
	CCS	B	0.33%	0.13%	0.13%
	CEIX	D	0.17%	0.23%	0.17%
	CENTA	D	0.11%	0.16%	0.11%
	CENX	D	0.13%	0.14%	0.13%
	CHCO	B	0.03%	0.06%	0.03%
	CHCT	F	0.01%	0.05%	0.01%
	CHEF	C	0.26%	0.06%	0.06%
	CHUY	B	0.05%	0.01%	0.01%
	CLW	F	0.08%	0.15%	0.08%
	CNMD	D	0.09%	0.17%	0.09%
	CNS	B	0.04%	0.08%	0.04%
	CNSL	A	0.08%	0.11%	0.08%
	CNXN	B	0.22%	0.18%	0.18%
	COHU	F	0.03%	0.18%	0.03%
	COLL	B	0.05%	0.29%	0.05%
	COOP	B	0.16%	0.33%	0.16%
	CORT	B	0.04%	0.33%	0.04%
	CPK	B	0.06%	0.33%	0.06%
	CPRX	B	0.04%	0.36%	0.04%
	CRC	C	0.17%	0.17%	0.17%
	CRK	D	0.09%	0.14%	0.09%
	CRS	B	0.27%	0.42%	0.27%
	CRVL	B	0.07%	0.36%	0.07%
	CSGS	C	0.09%	0.14%	0.09%
	CTRE	B	0.02%	0.35%	0.02%
	CTS	D	0.03%	0.2%	0.03%
	CVI	F	0.5%	0.13%	0.13%
	CWK	B	0.81%	0.07%	0.07%
	CWT	C	0.07%	0.22%	0.07%
	CXW	F	0.15%	0.25%	0.15%
	DEA	B	0.02%	0.21%	0.02%
	DEI	B	0.09%	0.25%	0.09%
	DFIN	B	0.07%	0.08%	0.07%
	DGII	D	0.04%	0.2%	0.04%
	DIOD	F	0.09%	0.19%	0.09%
	DNOW	D	0.15%	0.06%	0.06%
	DORM	B	0.17%	0.07%	0.07%
	DRH	C	0.08%	0.2%	0.08%
	DVAX	D	0.02%	0.19%	0.02%
	DXPE	C	0.12%	0.02%	0.02%
	ECPG	C	0.1%	0.01%	0.01%
	EFC	B	0.03%	0.27%	0.03%
	EIG	B	0.07%	0.17%	0.07%
	ENR	F	0.21%	0.25%	0.21%
	ENSG	C	0.34%	0.37%	0.34%
	ENVA	C	0.21%	0.29%	0.21%
	EPC	F	0.15%	0.27%	0.15%
	EPRT	A	0.03%	0.34%	0.03%
	ETH	D	0.05%	0.26%	0.05%
	EVTC	D	0.05%	0.11%	0.05%
	EXPI	C	0.38%	0.22%	0.22%
	EXTR	C	0.1%	0.23%	0.1%
	FBP	C	0.1%	0.16%	0.1%
	FCF	C	0.06%	0.07%	0.06%
	FCPT	A	0.02%	0.3%	0.02%
	FDP	B	0.39%	0.24%	0.24%
	FELE	C	0.15%	0.28%	0.15%
	FFBC	C	0.09%	0.11%	0.09%
	FIZZ	D	0.08%	0.25%	0.08%
	FLGT	D	0.02%	0.09%	0.02%
	FN	D	0.18%	0.28%	0.18%
	FORM	F	0.03%	0.22%	0.03%
	FSS	D	0.13%	0.24%	0.13%
	FUL	D	0.25%	0.29%	0.25%
	FULT	C	0.12%	0.14%	0.12%
	FWRD	C	0.2%	0.05%	0.05%
	GEO	F	0.16%	0.28%	0.16%
	GFF	C	0.19%	0.17%	0.17%
	GIII	C	0.25%	0.1%	0.1%
	GMS	C	0.36%	0.24%	0.24%
	GNW	B	0.54%	0.32%	0.32%
	GOGO	F	0.02%	0.15%	0.02%
	GPI	B	1.45%	0.34%	0.34%
	GRBK	B	0.17%	0.24%	0.17%
	GTY	B	0.02%	0.18%	0.02%
	HAIN	D	0.14%	0.07%	0.07%
	HASI	B	0.03%	0.26%	0.03%
	HAYN	D	0.04%	0.19%	0.04%
	HCC	F	0.1%	0.24%	0.1%
	HCSG	C	0.12%	0.05%	0.05%
	HI	F	0.13%	0.15%	0.13%
	HLIT	C	0.05%	0.31%	0.05%
	HLX	D	0.09%	0.23%	0.09%
	HMN	C	0.11%	0.04%	0.04%
	HNI	B	0.21%	0.25%	0.21%
	HOPE	B	0.09%	0.16%	0.09%
	HPP	D	0.06%	0.09%	0.06%
	HRMY	B	0.06%	0.12%	0.06%
	HSII	C	0.08%	0.06%	0.06%
	HTH	C	0.11%	0.21%	0.11%
	HUBG	C	0.3%	0.06%	0.06%
	HVT	D	0.05%	0.16%	0.05%
	HWKN	B	0.09%	0.09%	0.09%
	IBP	C	0.19%	0.26%	0.19%
	ICHR	F	0.04%	0.08%	0.04%
	IDCC	B	0.05%	0.33%	0.05%
	IIPR	B	0.03%	0.34%	0.03%
	INN	C	0.06%	0.09%	0.06%
	INVA	B	0.03%	0.31%	0.03%
	IOSP	D	0.12%	0.25%	0.12%
	IPAR	D	0.1%	0.12%	0.1%
	IRWD	F	0.02%	0.03%	0.02%
	ITGR	B	0.12%	0.31%	0.12%
	JBSS	D	0.07%	0.21%	0.07%
	JJSF	C	0.11%	0.27%	0.11%
	JOE	C	0.03%	0.31%	0.03%
	JXN	B	0.3%	0.35%	0.3%
	KALU	F	0.16%	0.14%	0.14%
	KFY	B	0.2%	0.15%	0.15%
	KLG	C	0.2%	0.15%	0.15%
	KLIC	D	0.04%	0.2%	0.04%
	KOP	F	0.14%	0.21%	0.14%
	KREF	B	0.06%	0.04%	0.04%
	KTB	B	0.2%	0.21%	0.2%
	KWR	D	0.13%	0.18%	0.13%
	LBRT	D	0.3%	0.2%	0.2%
	LCII	C	0.3%	0.15%	0.15%
	LGND	C	0.01%	0.29%	0.01%
	LPG	F	0.03%	0.22%	0.03%
	LTC	B	0.02%	0.3%	0.02%
	LUMN	C	5.26%	1.01%	1.01%
	LXP	B	0.03%	0.21%	0.03%
	LZB	C	0.17%	0.34%	0.17%
	MAC	B	0.07%	0.29%	0.07%
	MATV	B	0.16%	0.23%	0.16%
	MATX	C	0.24%	0.32%	0.24%
	MC	B	0.08%	0.29%	0.08%
	MGEE	B	0.05%	0.23%	0.05%
	MGPI	C	0.06%	0.21%	0.06%
	MGY	C	0.09%	0.24%	0.09%
	MHO	B	0.37%	0.37%	0.37%
	MLI	B	0.29%	0.37%	0.29%
	MLKN	D	0.27%	0.14%	0.14%
	MMI	C	0.05%	0.02%	0.02%
	MMSI	B	0.1%	0.32%	0.1%
	MOG.A	B	0.3%	0.12%	0.12%
	MOV	F	0.03%	0.08%	0.03%
	MSEX	C	0.01%	0.09%	0.01%
	MTH	B	0.53%	0.31%	0.31%
	MTRN	D	0.11%	0.23%	0.11%
	MTUS	F	0.07%	0.18%	0.07%
	MTX	D	0.13%	0.25%	0.13%
	MXL	F	0.03%	0.03%	0.03%
	MYE	D	0.05%	0.04%	0.04%
	MYGN	B	0.06%	0.1%	0.06%
	NAVI	C	0.38%	0.24%	0.24%
	NBTB	D	0.06%	0.16%	0.06%
	NEO	C	0.05%	0.09%	0.05%
	NGVT	F	0.09%	0.13%	0.09%
	NHC	D	0.1%	0.07%	0.07%
	NMIH	B	0.05%	0.27%	0.05%
	NOG	D	0.11%	0.12%	0.11%
	NPK	C	0.02%	0.05%	0.02%
	NPO	C	0.07%	0.23%	0.07%
	NSIT	C	0.67%	0.3%	0.3%
	NTCT	D	0.06%	0.15%	0.06%
	NUS	F	0.08%	0.04%	0.04%
	NWBI	C	0.06%	0.16%	0.06%
	NWN	B	0.09%	0.26%	0.09%
	NX	D	0.07%	0.05%	0.05%
	ODP	F	0.4%	0.13%	0.13%
	OFG	C	0.07%	0.25%	0.07%
	OMCL	C	0.12%	0.1%	0.1%
	OMI	D	0.63%	0.13%	0.13%
	OTTR	D	0.08%	0.26%	0.08%
	OXM	D	0.09%	0.12%	0.09%
	PARR	F	0.45%	0.13%	0.13%
	PATK	B	0.31%	0.35%	0.31%
	PBH	B	0.09%	0.3%	0.09%
	PBI	C	0.32%	0.1%	0.1%
	PCRX	F	0.02%	0.02%	0.02%
	PDCO	F	0.43%	0.12%	0.12%
	PEB	D	0.09%	0.16%	0.09%
	PECO	B	0.05%	0.29%	0.05%
	PLAB	F	0.06%	0.24%	0.06%
	PLUS	B	0.19%	0.23%	0.19%
	PLXS	B	0.34%	0.31%	0.31%
	PMT	B	0.11%	0.18%	0.11%
	PRDO	D	0.05%	0.3%	0.05%
	PRFT	A	0.06%	0.1%	0.06%
	PRG	B	0.22%	0.13%	0.13%
	PRGS	C	0.06%	0.27%	0.06%
	PSMT	B	0.36%	0.07%	0.07%
	PTEN	F	0.28%	0.12%	0.12%
	RC	D	0.08%	0.13%	0.08%
	RDN	B	0.1%	0.34%	0.1%
	RDNT	B	0.13%	0.22%	0.13%
	RES	D	0.1%	0.04%	0.04%
	REX	D	0.05%	0.14%	0.05%
	RGR	F	0.04%	0.16%	0.04%
	RNST	D	0.08%	0.12%	0.08%
	ROIC	B	0.03%	0.24%	0.03%
	RWT	B	0.07%	0.12%	0.07%
	SAFT	C	0.07%	0.08%	0.07%
	SANM	D	0.56%	0.21%	0.21%
	SATS	B	1.85%	0.39%	0.39%
	SCHL	D	0.1%	0.05%	0.05%
	SCL	D	0.13%	0.16%	0.13%
	SCSC	D	0.25%	0.2%	0.2%
	SCVL	B	0.09%	0.31%	0.09%
	SEM	D	0.49%	0.3%	0.3%
	SFNC	B	0.12%	0.15%	0.12%
	SHEN	F	0.02%	0.16%	0.02%
	SHO	D	0.07%	0.26%	0.07%
	SHOO	B	0.15%	0.2%	0.15%
	SIG	C	0.49%	0.3%	0.3%
	SJW	C	0.05%	0.18%	0.05%
	SKT	B	0.04%	0.32%	0.04%
	SKYW	C	0.21%	0.16%	0.16%
	SLG	B	0.07%	0.29%	0.07%
	SLP	F	0.0%	0.1%	0.0%
	SLVM	B	0.28%	0.31%	0.28%
	SM	D	0.14%	0.23%	0.14%
	SMPL	D	0.08%	0.25%	0.08%
	SNEX	C	0.14%	0.09%	0.09%
	SPSC	D	0.04%	0.3%	0.04%
	SPTN	C	0.79%	0.19%	0.19%
	SSTK	F	0.05%	0.11%	0.05%
	STAA	F	0.02%	0.04%	0.02%
	STC	B	0.19%	0.34%	0.19%
	STRA	D	0.07%	0.19%	0.07%
	SUPN	C	0.05%	0.2%	0.05%
	SVC	F	0.12%	0.1%	0.1%
	SXC	F	0.12%	0.18%	0.12%
	SXI	C	0.05%	0.21%	0.05%
	SXT	C	0.1%	0.23%	0.1%
	TDS	C	0.42%	0.33%	0.33%
	THRM	D	0.09%	0.09%	0.09%
	THS	C	0.29%	0.11%	0.11%
	TILE	B	0.11%	0.24%	0.11%
	TNC	D	0.08%	0.01%	0.01%
	TPH	C	0.31%	0.26%	0.26%
	TRMK	C	0.09%	0.08%	0.08%
	TRST	C	0.02%	0.07%	0.02%
	TTMI	D	0.16%	0.24%	0.16%
	UCTT	F	0.09%	0.2%	0.09%
	UE	B	0.04%	0.34%	0.04%
	UFPT	C	0.03%	0.35%	0.03%
	UNF	B	0.2%	0.01%	0.01%
	UNFI	C	2.46%	0.15%	0.15%
	UNIT	C	0.16%	0.08%	0.08%
	URBN	D	0.3%	0.17%	0.17%
	USNA	F	0.05%	0.1%	0.05%
	USPH	D	0.04%	0.17%	0.04%
	UVV	D	0.21%	0.22%	0.21%
	VGR	C	0.14%	0.33%	0.14%
	VIAV	D	0.08%	0.21%	0.08%
	VREX	F	0.05%	0.09%	0.05%
	VRTS	D	0.06%	0.07%	0.06%
	WAFD	B	0.11%	0.22%	0.11%
	WDFC	B	0.04%	0.27%	0.04%
	WGO	D	0.22%	0.17%	0.17%
	WHD	C	0.09%	0.24%	0.09%
	WNC	F	0.16%	0.1%	0.1%
	WOR	F	0.12%	0.22%	0.12%
	WSR	D	0.01%	0.14%	0.01%
	XHR	C	0.07%	0.18%	0.07%
	XRX	F	0.35%	0.11%	0.11%
	YELP	F	0.09%	0.26%	0.09%
	ZEUS	F	0.12%	0.11%	0.11%

RWJ Overweight 249 Positions Relative to JPSE

	Symbol	Grade	Weight
	LNC	D	1.13%
	DXC	C	1.12%
	KSS	F	1.1%
	SAH	D	0.97%
	VFC	C	0.93%
	JBLU	D	0.73%
	ALK	C	0.73%
	RUSHA	C	0.64%
	NWL	D	0.6%
	FL	D	0.6%
	HTZ	D	0.56%
	DAN	F	0.56%
	VSCO	C	0.54%
	HBI	B	0.49%
	OI	D	0.49%
	AAP	F	0.49%
	PENN	D	0.47%
	CMA	B	0.45%
	OGN	D	0.44%
	REZI	D	0.41%
	RHI	D	0.41%
	MCY	C	0.39%
	SEE	D	0.35%
	AXL	F	0.35%
	LEG	D	0.35%
	VSAT	F	0.34%
	RXO	D	0.34%
	ATI	C	0.34%
	CNK	B	0.33%
	KELYA	D	0.32%
	IAC	C	0.32%
	EAT	B	0.31%
	DY	B	0.31%
	SBH	B	0.31%
	BTU	D	0.3%
	GVA	B	0.3%
	NATL	D	0.28%
	PHIN	B	0.27%
	VSTS	D	0.26%
	ICUI	B	0.25%
	GBX	C	0.25%
	WS	C	0.25%
	SABR	D	0.24%
	TRN	C	0.24%
	CAKE	C	0.23%
	SPNT	C	0.23%
	WERN	D	0.23%
	VSTO	B	0.22%
	NBR	F	0.22%
	GO	F	0.22%
	VIRT	B	0.21%
	MD	C	0.21%
	RUN	C	0.21%
	CBRL	D	0.2%
	OII	D	0.19%
	MODG	F	0.19%
	AMN	F	0.19%
	HP	D	0.18%
	BKU	C	0.18%
	FTRE	F	0.18%
	NVRI	D	0.18%
	LGIH	C	0.18%
	HZO	C	0.17%
	LRN	B	0.17%
	AL	D	0.17%
	BGC	B	0.17%
	FTDR	B	0.17%
	MYRG	F	0.17%
	GES	F	0.17%
	GPRE	F	0.17%
	PZZA	D	0.16%
	WWW	B	0.16%
	DBI	F	0.16%
	OUT	B	0.16%
	ALGT	F	0.15%
	CVCO	B	0.15%
	AIR	C	0.15%
	ITRI	C	0.15%
	KMT	B	0.15%
	DLX	D	0.14%
	TRUP	C	0.14%
	ACIW	B	0.14%
	TWI	D	0.14%
	BOOT	B	0.14%
	PRVA	D	0.13%
	GDOT	C	0.13%
	MATW	F	0.12%
	TALO	F	0.12%
	ALG	D	0.12%
	ATGE	D	0.12%
	PIPR	B	0.12%
	PJT	B	0.11%
	MERC	F	0.11%
	OSIS	C	0.11%
	WSFS	C	0.11%
	SMP	C	0.11%
	CUBI	F	0.11%
	PLAY	F	0.11%
	UCBI	B	0.11%
	EYE	F	0.11%
	KAR	D	0.11%
	CENT	D	0.11%
	EMBC	C	0.1%
	PUMP	F	0.1%
	VTOL	D	0.1%
	PINC	C	0.1%
	AWI	B	0.1%
	BRC	B	0.1%
	JBT	D	0.1%
	PAHC	B	0.09%
	IBTX	B	0.09%
	JACK	F	0.09%
	TGI	D	0.09%
	SHAK	C	0.09%
	ASTE	F	0.09%
	MNRO	D	0.09%
	ROCK	D	0.09%
	BOX	B	0.09%
	ENV	C	0.09%
	TRIP	F	0.09%
	FHB	C	0.09%
	AMCX	F	0.09%
	MRCY	C	0.08%
	UFCS	D	0.08%
	CBU	C	0.08%
	FOXF	F	0.08%
	ESE	B	0.08%
	BJRI	D	0.08%
	BOH	C	0.08%
	SONO	F	0.08%
	SFBS	B	0.08%
	SMTC	C	0.08%
	WD	B	0.08%
	HTLD	D	0.08%
	VVI	C	0.08%
	PRA	C	0.08%
	INDB	C	0.08%
	SNCY	D	0.08%
	EZPW	D	0.08%
	BANR	B	0.07%
	FBK	B	0.07%
	PFS	B	0.07%
	CVGW	C	0.07%
	PRAA	D	0.07%
	VBTX	B	0.07%
	SEDG	F	0.07%
	GDEN	D	0.07%
	HAYW	C	0.07%
	MSGS	B	0.07%
	HIW	B	0.07%
	MRTN	D	0.07%
	SGH	F	0.07%
	CWEN	B	0.06%
	CWEN	B	0.06%
	MCW	F	0.06%
	DOCN	B	0.06%
	TDW	F	0.06%
	CMP	D	0.06%
	TR	C	0.06%
	THRY	D	0.06%
	POWL	C	0.06%
	STEP	B	0.06%
	EGBN	C	0.06%
	VRRM	D	0.06%
	AGO	C	0.06%
	BANC	B	0.06%
	NVEE	F	0.06%
	LESL	F	0.06%
	DCOM	B	0.06%
	MPW	C	0.06%
	SBCF	C	0.06%
	IART	F	0.06%
	TBBK	B	0.06%
	DIN	F	0.05%
	HCI	C	0.05%
	NBHC	C	0.05%
	CXM	F	0.05%
	BL	D	0.05%
	PRK	C	0.05%
	JBGS	B	0.05%
	CVBF	C	0.05%
	BHLB	C	0.05%
	KN	D	0.05%
	TNDM	C	0.05%
	ROG	D	0.05%
	STBA	B	0.05%
	GNL	B	0.05%
	FBNC	B	0.05%
	AHH	B	0.05%
	CRSR	F	0.05%
	NARI	F	0.04%
	SBSI	B	0.04%
	PFBC	C	0.04%
	WRLD	D	0.04%
	DV	F	0.04%
	MCRI	B	0.04%
	IIIN	D	0.04%
	RAMP	F	0.04%
	AVAV	D	0.04%
	UTL	B	0.04%
	KW	C	0.04%
	EPAC	B	0.04%
	LNN	C	0.04%
	QNST	B	0.04%
	GKOS	D	0.03%
	LQDT	B	0.03%
	NABL	D	0.03%
	HFWA	C	0.03%
	GSHD	B	0.03%
	MARA	F	0.03%
	TMP	C	0.03%
	VICR	F	0.03%
	CFFN	C	0.03%
	RILY	F	0.03%
	LKFN	C	0.03%
	CPF	B	0.03%
	VECO	F	0.03%
	XPEL	D	0.03%
	ARLO	F	0.03%
	PLMR	B	0.03%
	PPBI	D	0.03%
	CLB	D	0.03%
	PRLB	D	0.03%
	HAFC	C	0.03%
	VCEL	D	0.02%
	LMAT	B	0.02%
	RCUS	D	0.02%
	CERT	F	0.02%
	AMBC	F	0.02%
	MLAB	C	0.02%
	HSTM	C	0.02%
	BFS	C	0.02%
	CSR	B	0.02%
	DDD	F	0.02%
	NXRT	B	0.02%
	WABC	D	0.02%
	AMSF	C	0.02%
	RGNX	D	0.01%
	UHT	B	0.01%
	CEVA	C	0.01%
	KRYS	D	0.01%
	PDFS	D	0.01%
	SITM	B	0.01%
	XNCR	C	0.01%
	BLFS	D	0.01%
	CTKB	F	0.01%
	TTGT	F	0.01%
	SDGR	F	0.01%
	VIR	F	0.0%

RWJ Underweight 209 Positions Relative to JPSE

	Symbol	Grade	Weight
	RDFN	C	-0.52%
	NMRK	B	-0.4%
	SFM	B	-0.39%
	LNTH	C	-0.37%
	SBRA	B	-0.37%
	PFSI	B	-0.36%
	TMHC	B	-0.36%
	NHI	A	-0.36%
	CNO	B	-0.35%
	POR	B	-0.33%
	BKH	B	-0.33%
	OGS	B	-0.33%
	LAUR	B	-0.33%
	IDT	C	-0.33%
	KRG	B	-0.33%
	ESNT	B	-0.33%
	CNX	A	-0.32%
	AIT	C	-0.32%
	KBH	B	-0.32%
	CWST	D	-0.32%
	NWE	A	-0.31%
	PRMW	A	-0.31%
	ESRT	B	-0.31%
	CBT	B	-0.31%
	ACLX	B	-0.31%
	UFPI	C	-0.31%
	NJR	B	-0.31%
	STRL	B	-0.31%
	ONB	C	-0.3%
	BNL	B	-0.3%
	SR	B	-0.3%
	TRNO	C	-0.3%
	WTS	C	-0.29%
	OPCH	C	-0.29%
	ALE	A	-0.29%
	CMC	D	-0.29%
	AVNT	B	-0.29%
	DHT	C	-0.28%
	PCH	C	-0.28%
	TGNA	C	-0.28%
	PDM	B	-0.28%
	NOVT	D	-0.28%
	MMS	D	-0.28%
	UTZ	C	-0.27%
	STNG	D	-0.26%
	RHP	D	-0.26%
	LILAK	D	-0.26%
	TPB	C	-0.26%
	UBSI	B	-0.26%
	QTWO	B	-0.25%
	LANC	D	-0.25%
	INFN	B	-0.25%
	TNK	D	-0.24%
	CDE	C	-0.24%
	CSWI	B	-0.24%
	IRT	B	-0.24%
	CVLT	B	-0.24%
	SWX	C	-0.23%
	DBRG	D	-0.23%
	INSW	D	-0.23%
	HLNE	B	-0.23%
	NTB	C	-0.23%
	AAOI	D	-0.23%
	CLFD	C	-0.23%
	GATX	D	-0.23%
	CSTM	D	-0.23%
	IMKTA	D	-0.22%
	HOMB	B	-0.22%
	RLJ	D	-0.22%
	SMR	D	-0.22%
	SWBI	D	-0.22%
	HQY	C	-0.22%
	ESGR	D	-0.22%
	CHX	D	-0.21%
	SCS	B	-0.21%
	SGRY	C	-0.21%
	CRAI	C	-0.21%
	OPEN	D	-0.21%
	BDC	B	-0.2%
	ORA	C	-0.2%
	WK	D	-0.2%
	TNET	D	-0.2%
	EQC	B	-0.2%
	VLY	C	-0.2%
	LADR	B	-0.19%
	HAE	D	-0.19%
	VSH	D	-0.19%
	NTGR	C	-0.19%
	GSAT	F	-0.19%
	QLYS	F	-0.19%
	GEF	D	-0.18%
	RYI	F	-0.18%
	WTTR	C	-0.18%
	PBF	F	-0.18%
	HE	F	-0.18%
	POWI	F	-0.18%
	OEC	F	-0.18%
	MED	F	-0.17%
	TROX	F	-0.17%
	ANET	B	-0.17%
	MUR	D	-0.17%
	ACRE	C	-0.17%
	IBOC	C	-0.17%
	WMK	C	-0.17%
	GPOR	C	-0.16%
	ASC	D	-0.16%
	COMM	B	-0.16%
	UEC	F	-0.16%
	ATKR	F	-0.16%
	ASGN	D	-0.16%
	FUBO	D	-0.16%
	VITL	D	-0.15%
	MGRC	F	-0.15%
	HWC	D	-0.15%
	RMBS	F	-0.15%
	ARCT	F	-0.15%
	CMRE	D	-0.15%
	LXU	D	-0.15%
	ECVT	F	-0.14%
	RYAM	B	-0.14%
	ACT	A	-0.14%
	AGM	D	-0.14%
	HLF	F	-0.13%
	VCTR	B	-0.13%
	HOV	C	-0.13%
	WSBC	D	-0.13%
	OCFC	B	-0.13%
	IGT	D	-0.13%
	DX	A	-0.13%
	EGHT	F	-0.12%
	BZH	B	-0.12%
	IVT	B	-0.12%
	NSP	D	-0.12%
	ENS	C	-0.12%
	EXPO	B	-0.12%
	GNK	D	-0.11%
	EE	B	-0.11%
	ACCO	C	-0.11%
	SD	D	-0.1%
	PGRE	C	-0.1%
	OSUR	F	-0.1%
	RDUS	D	-0.1%
	PNTG	B	-0.1%
	UMBF	B	-0.1%
	BLKB	B	-0.1%
	CSTL	C	-0.09%
	BRY	F	-0.08%
	CMCO	F	-0.08%
	AVNW	F	-0.08%
	BXC	D	-0.08%
	IPI	C	-0.08%
	DOLE	A	-0.07%
	SRCE	C	-0.07%
	EAF	D	-0.07%
	FLNG	C	-0.07%
	ZUMZ	D	-0.07%
	FRME	C	-0.06%
	BUSE	C	-0.06%
	CWCO	F	-0.06%
	MWA	C	-0.05%
	WOW	D	-0.05%
	TH	D	-0.05%
	KRO	D	-0.05%
	METC	F	-0.05%
	ZYXI	F	-0.05%
	RBCAA	B	-0.05%
	TK	C	-0.05%
	CTBI	B	-0.05%
	NAT	D	-0.05%
	MEI	F	-0.05%
	GRWG	F	-0.04%
	ANF	D	-0.04%
	GTN	D	-0.04%
	SYNA	F	-0.04%
	MRC	D	-0.04%
	MITK	F	-0.04%
	VRNT	F	-0.04%
	EGY	D	-0.04%
	AMPS	F	-0.03%
	CSV	B	-0.03%
	PLL	F	-0.03%
	OSPN	B	-0.03%
	THFF	B	-0.03%
	LWLG	F	-0.03%
	VNDA	D	-0.03%
	AIV	B	-0.03%
	CWH	C	-0.03%
	TRTX	C	-0.03%
	LFMD	F	-0.03%
	NATR	F	-0.03%
	CCSI	C	-0.02%
	BOOM	D	-0.02%
	CIX	C	-0.02%
	GIC	D	-0.02%
	SIGI	C	-0.02%
	RGP	F	-0.02%
	ANIK	D	-0.02%
	TG	B	-0.02%
	SRDX	D	-0.02%
	NNI	B	-0.02%
	TRS	D	-0.02%
	BH	D	-0.01%
	CCBG	B	-0.01%
	NR	F	-0.01%
	STHO	C	-0.01%
	TBI	F	-0.01%
	HL	C	-0.01%
	AVD	F	-0.01%
	RBBN	D	-0.0%

RWJ: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Packaged Foods Restaurants Software - Application Specialty Chemicals Asset Management Diversified Industrials Oil & Gas Equipment & Services REIT - Retail Insurance - Property & Casualty Auto Parts Communication Equipment Drug Manufacturers - Specialty & Generic REIT - Hotel & Motel Specialty Retail Telecom Services Apparel Stores Building Materials

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Chemical Real Estate Loans Aerospace Clothing Commercial Bank Insurance Semiconductor Retail Store Transport Commercial Banking Mining Mortgage Loan Fashion Investment Management

JPSE: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Specialty Chemicals Software - Application Diversified Industrials Oil & Gas E&P Packaged Foods Telecom Services Biotechnology REIT - Retail Communication Equipment REIT - Hotel & Motel Asset Management Oil & Gas Equipment & Services Shipping & Ports Diagnostics & Research REIT - Office Residential Construction Electronic Components Real Estate Services

Keywords: Real Estate Investment Trust Bank Banking Natural Gas Chemical Telecommunications Medicine Mortgage Loan Computing Deposit Products Mining Clothing Semiconductor Aerospace Real Estate Loans Loan Broadband Real Estate Properties Retail Store Oil And Gas