BBMC vs. MDY ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) to SPDR MidCap Trust Series I (MDY)

BBMC

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

BBMC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® US Mid Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index consists of equity securities primarily traded in the United States and targets those securities that fall between the 85th and 95th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$103.59

Average Daily Volume

37,279

Number of Holdings ^*

571

* may have additional holdings in another (foreign) market

MDY

SPDR MidCap Trust Series I

MDY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P MidCap 400 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P MidCap 400 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$610.71

Average Daily Volume

740,282

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	BBMC	MDY
30 Days	9.15%	7.14%
60 Days	9.85%	7.25%
90 Days	11.48%	8.18%
12 Months	34.64%	32.61%

347 Overlapping Holdings

	Symbol	Grade	Weight in BBMC	Weight in MDY	Overlap
	AA	B	0.27%	0.36%	0.27%
	AAL	B	0.22%	0.3%	0.22%
	AAON	B	0.22%	0.27%	0.22%
	ACHC	F	0.09%	0.14%	0.09%
	ACM	A	0.37%	0.49%	0.37%
	ADC	B	0.18%	0.26%	0.18%
	AGCO	D	0.15%	0.21%	0.15%
	AIT	A	0.26%	0.31%	0.26%
	ALE	A	0.09%	0.13%	0.09%
	ALGM	D	0.06%	0.11%	0.06%
	ALLY	C	0.24%	0.33%	0.24%
	ALTR	B	0.15%	0.21%	0.15%
	ALV	C	0.17%	0.23%	0.17%
	AM	A	0.13%	0.17%	0.13%
	AMG	B	0.15%	0.2%	0.15%
	AMH	D	0.3%	0.38%	0.3%
	AMKR	D	0.08%	0.1%	0.08%
	AN	C	0.11%	0.14%	0.11%
	ANF	C	0.18%	0.23%	0.18%
	AR	B	0.24%	0.26%	0.24%
	ARMK	B	0.24%	0.34%	0.24%
	ARW	D	0.15%	0.22%	0.15%
	ARWR	F	0.06%	0.08%	0.06%
	ASGN	F	0.1%	0.14%	0.1%
	ASH	D	0.09%	0.14%	0.09%
	ATR	B	0.27%	0.38%	0.27%
	AVNT	B	0.12%	0.15%	0.12%
	AVT	C	0.12%	0.16%	0.12%
	AXTA	A	0.21%	0.29%	0.21%
	AYI	B	0.25%	0.32%	0.25%
	AZTA	D	0.05%	0.07%	0.05%
	BC	C	0.14%	0.18%	0.14%
	BDC	B	0.12%	0.16%	0.12%
	BERY	B	0.19%	0.28%	0.19%
	BHF	B	0.08%	0.1%	0.08%
	BIO	D	0.16%	0.24%	0.16%
	BJ	A	0.27%	0.39%	0.27%
	BKH	A	0.11%	0.14%	0.11%
	BLD	D	0.28%	0.37%	0.28%
	BLKB	B	0.09%	0.1%	0.09%
	BRBR	A	0.24%	0.29%	0.24%
	BRKR	D	0.12%	0.22%	0.12%
	BRX	A	0.22%	0.28%	0.22%
	BWXT	B	0.29%	0.38%	0.29%
	BYD	C	0.12%	0.16%	0.12%
	CACI	D	0.25%	0.43%	0.25%
	CADE	B	0.17%	0.21%	0.17%
	CAR	C	0.04%	0.05%	0.04%
	CASY	A	0.38%	0.5%	0.38%
	CBSH	A	0.23%	0.25%	0.23%
	CBT	C	0.15%	0.2%	0.15%
	CC	C	0.07%	0.09%	0.07%
	CELH	F	0.1%	0.16%	0.1%
	CFR	B	0.21%	0.28%	0.21%
	CGNX	C	0.16%	0.24%	0.16%
	CHDN	B	0.25%	0.36%	0.25%
	CHE	D	0.21%	0.28%	0.21%
	CHH	A	0.1%	0.11%	0.1%
	CHRD	D	0.2%	0.27%	0.2%
	CHX	C	0.15%	0.19%	0.15%
	CIEN	B	0.24%	0.32%	0.24%
	CIVI	D	0.09%	0.15%	0.09%
	CLF	F	0.14%	0.21%	0.14%
	CLH	B	0.31%	0.4%	0.31%
	CMC	B	0.17%	0.21%	0.17%
	CNM	D	0.2%	0.29%	0.2%
	CNXC	F	0.04%	0.07%	0.04%
	COHR	B	0.36%	0.49%	0.36%
	COKE	C	0.16%	0.23%	0.16%
	COLB	A	0.16%	0.21%	0.16%
	COLM	B	0.07%	0.09%	0.07%
	COTY	F	0.07%	0.09%	0.07%
	CPRI	F	0.06%	0.08%	0.06%
	CR	A	0.21%	0.26%	0.21%
	CROX	D	0.15%	0.22%	0.15%
	CRUS	D	0.14%	0.2%	0.14%
	CSL	C	0.51%	0.67%	0.51%
	CUBE	D	0.27%	0.37%	0.27%
	CUZ	B	0.11%	0.16%	0.11%
	CW	B	0.34%	0.46%	0.34%
	CYTK	F	0.15%	0.21%	0.15%
	DAR	C	0.17%	0.21%	0.17%
	DBX	B	0.16%	0.21%	0.16%
	DCI	B	0.23%	0.3%	0.23%
	DINO	D	0.18%	0.22%	0.18%
	DKS	C	0.29%	0.39%	0.29%
	DLB	B	0.11%	0.15%	0.11%
	DOCS	C	0.16%	0.18%	0.16%
	DTM	B	0.25%	0.3%	0.25%
	DUOL	A	0.28%	0.38%	0.28%
	EEFT	B	0.11%	0.14%	0.11%
	EGP	F	0.21%	0.29%	0.21%
	EHC	B	0.25%	0.35%	0.25%
	ELF	C	0.16%	0.2%	0.16%
	EME	C	0.59%	0.72%	0.59%
	ENOV	C	0.06%	0.08%	0.06%
	ENS	D	0.1%	0.13%	0.1%
	ENSG	D	0.2%	0.3%	0.2%
	EPR	D	0.08%	0.12%	0.08%
	ESAB	B	0.17%	0.24%	0.17%
	ESNT	D	0.15%	0.22%	0.15%
	EVR	B	0.27%	0.33%	0.27%
	EXEL	B	0.25%	0.33%	0.25%
	EXLS	B	0.18%	0.23%	0.18%
	EXP	A	0.26%	0.33%	0.26%
	EXPO	D	0.12%	0.17%	0.12%
	FAF	A	0.17%	0.23%	0.17%
	FBIN	D	0.23%	0.36%	0.23%
	FCN	D	0.17%	0.24%	0.17%
	FFIN	B	0.15%	0.16%	0.15%
	FHI	A	0.09%	0.11%	0.09%
	FHN	A	0.28%	0.32%	0.28%
	FIVE	F	0.12%	0.18%	0.12%
	FIX	A	0.4%	0.48%	0.4%
	FLO	D	0.11%	0.15%	0.11%
	FLR	B	0.23%	0.31%	0.23%
	FLS	B	0.2%	0.24%	0.2%
	FN	D	0.21%	0.3%	0.21%
	FNB	A	0.15%	0.18%	0.15%
	FND	C	0.27%	0.38%	0.27%
	FR	C	0.16%	0.24%	0.16%
	FYBR	D	0.16%	0.27%	0.16%
	G	B	0.17%	0.22%	0.17%
	GAP	C	0.12%	0.16%	0.12%
	GATX	A	0.13%	0.17%	0.13%
	GBCI	B	0.16%	0.2%	0.16%
	GEF	A	0.04%	0.06%	0.04%
	GGG	B	0.38%	0.47%	0.38%
	GLPI	C	0.32%	0.48%	0.32%
	GME	C	0.26%	0.3%	0.26%
	GMED	A	0.23%	0.29%	0.23%
	GNTX	C	0.17%	0.24%	0.17%
	GPK	C	0.22%	0.29%	0.22%
	GT	C	0.07%	0.08%	0.07%
	GTLS	B	0.18%	0.18%	0.18%
	GXO	B	0.17%	0.25%	0.17%
	H	B	0.17%	0.23%	0.17%
	HAE	C	0.11%	0.13%	0.11%
	HALO	F	0.14%	0.22%	0.14%
	HGV	B	0.08%	0.08%	0.08%
	HLI	B	0.24%	0.32%	0.24%
	HOG	D	0.11%	0.13%	0.11%
	HOMB	A	0.15%	0.17%	0.15%
	HQY	B	0.22%	0.26%	0.22%
	HRB	D	0.21%	0.29%	0.21%
	HWC	B	0.12%	0.16%	0.12%
	HXL	D	0.12%	0.17%	0.12%
	IBKR	A	0.49%	0.57%	0.49%
	IDA	A	0.15%	0.19%	0.15%
	INGR	B	0.23%	0.3%	0.23%
	IPGP	D	0.06%	0.08%	0.06%
	IRDM	D	0.08%	0.12%	0.08%
	IRT	A	0.12%	0.15%	0.12%
	ITT	A	0.32%	0.4%	0.32%
	JAZZ	B	0.19%	0.23%	0.19%
	JEF	A	0.3%	0.36%	0.3%
	JHG	A	0.14%	0.18%	0.14%
	JLL	D	0.31%	0.44%	0.31%
	KBH	D	0.13%	0.2%	0.13%
	KBR	F	0.2%	0.31%	0.2%
	KD	B	0.16%	0.18%	0.16%
	KEX	C	0.19%	0.23%	0.19%
	KMPR	B	0.11%	0.13%	0.11%
	KNSL	B	0.26%	0.33%	0.26%
	KNX	B	0.21%	0.29%	0.21%
	KRC	C	0.11%	0.15%	0.11%
	KRG	B	0.15%	0.19%	0.15%
	LAD	A	0.26%	0.31%	0.26%
	LAMR	D	0.28%	0.4%	0.28%
	LANC	C	0.09%	0.12%	0.09%
	LEA	D	0.14%	0.19%	0.14%
	LECO	B	0.3%	0.38%	0.3%
	LFUS	F	0.15%	0.21%	0.15%
	LITE	B	0.13%	0.15%	0.13%
	LNTH	D	0.13%	0.26%	0.13%
	LNW	D	0.21%	0.29%	0.21%
	LOPE	B	0.11%	0.14%	0.11%
	LPX	B	0.19%	0.21%	0.19%
	LSCC	D	0.17%	0.24%	0.17%
	LSTR	D	0.16%	0.22%	0.16%
	M	D	0.1%	0.15%	0.1%
	MAN	D	0.07%	0.1%	0.07%
	MANH	D	0.42%	0.56%	0.42%
	MASI	A	0.18%	0.22%	0.18%
	MAT	D	0.16%	0.24%	0.16%
	MEDP	D	0.19%	0.28%	0.19%
	MIDD	C	0.18%	0.24%	0.18%
	MKSI	C	0.16%	0.23%	0.16%
	MMS	F	0.12%	0.18%	0.12%
	MORN	B	0.22%	0.31%	0.22%
	MSA	D	0.16%	0.23%	0.16%
	MSM	C	0.09%	0.12%	0.09%
	MTDR	B	0.17%	0.21%	0.17%
	MTG	C	0.17%	0.22%	0.17%
	MTN	C	0.17%	0.22%	0.17%
	MTSI	B	0.18%	0.22%	0.18%
	MTZ	B	0.21%	0.26%	0.21%
	MUR	D	0.13%	0.15%	0.13%
	MUSA	A	0.26%	0.31%	0.26%
	NEOG	F	0.08%	0.1%	0.08%
	NEU	C	0.1%	0.14%	0.1%
	NFG	A	0.14%	0.19%	0.14%
	NJR	A	0.12%	0.16%	0.12%
	NNN	D	0.2%	0.28%	0.2%
	NOV	C	0.16%	0.21%	0.16%
	NOVT	D	0.15%	0.21%	0.15%
	NSA	D	0.08%	0.1%	0.08%
	NSP	D	0.07%	0.1%	0.07%
	NVST	B	0.09%	0.12%	0.09%
	NVT	B	0.3%	0.43%	0.3%
	NWE	B	0.08%	0.11%	0.08%
	NXST	C	0.13%	0.18%	0.13%
	NYT	C	0.21%	0.32%	0.21%
	OGE	B	0.22%	0.28%	0.22%
	OGS	A	0.1%	0.14%	0.1%
	OHI	C	0.24%	0.38%	0.24%
	OLED	D	0.2%	0.27%	0.2%
	OLLI	D	0.14%	0.19%	0.14%
	OLN	D	0.12%	0.17%	0.12%
	ONB	B	0.17%	0.21%	0.17%
	ONTO	D	0.2%	0.34%	0.2%
	OPCH	D	0.09%	0.14%	0.09%
	ORA	B	0.11%	0.15%	0.11%
	ORI	A	0.24%	0.29%	0.24%
	OSK	B	0.18%	0.23%	0.18%
	OVV	B	0.3%	0.36%	0.3%
	OZK	B	0.13%	0.16%	0.13%
	PAG	B	0.08%	0.1%	0.08%
	PB	A	0.2%	0.24%	0.2%
	PBF	D	0.08%	0.1%	0.08%
	PCH	D	0.08%	0.1%	0.08%
	PCTY	B	0.21%	0.28%	0.21%
	PEN	B	0.22%	0.31%	0.22%
	PFGC	B	0.33%	0.44%	0.33%
	PII	D	0.09%	0.13%	0.09%
	PLNT	A	0.21%	0.23%	0.21%
	PNFP	B	0.24%	0.28%	0.24%
	PNM	F	0.11%	0.14%	0.11%
	POR	C	0.12%	0.17%	0.12%
	POST	C	0.15%	0.18%	0.15%
	POWI	D	0.09%	0.12%	0.09%
	PPC	C	0.05%	0.07%	0.05%
	PR	B	0.24%	0.3%	0.24%
	PRGO	B	0.09%	0.12%	0.09%
	PRI	A	0.26%	0.32%	0.26%
	PSN	D	0.11%	0.17%	0.11%
	PSTG	D	0.38%	0.53%	0.38%
	PVH	C	0.14%	0.19%	0.14%
	QLYS	C	0.13%	0.15%	0.13%
	R	B	0.18%	0.22%	0.18%
	RBC	A	0.23%	0.28%	0.23%
	RCM	F	0.06%	0.08%	0.06%
	REXR	F	0.22%	0.32%	0.22%
	RGEN	D	0.16%	0.24%	0.16%
	RGLD	C	0.24%	0.33%	0.24%
	RH	B	0.12%	0.16%	0.12%
	RLI	B	0.18%	0.22%	0.18%
	RMBS	C	0.14%	0.18%	0.14%
	RNR	C	0.34%	0.47%	0.34%
	ROIV	C	0.12%	0.17%	0.12%
	RPM	A	0.44%	0.57%	0.44%
	RRC	B	0.21%	0.25%	0.21%
	RRX	B	0.29%	0.38%	0.29%
	RS	B	0.43%	0.54%	0.43%
	RYAN	B	0.18%	0.23%	0.18%
	RYN	D	0.1%	0.14%	0.1%
	SAIA	B	0.34%	0.45%	0.34%
	SAIC	F	0.15%	0.26%	0.15%
	SAM	C	0.07%	0.09%	0.07%
	SCI	B	0.31%	0.41%	0.31%
	SEIC	B	0.23%	0.25%	0.23%
	SF	B	0.29%	0.37%	0.29%
	SFM	A	0.36%	0.44%	0.36%
	SHC	F	0.04%	0.08%	0.04%
	SIGI	C	0.15%	0.19%	0.15%
	SKX	D	0.2%	0.28%	0.2%
	SLAB	D	0.08%	0.12%	0.08%
	SLGN	A	0.11%	0.14%	0.11%
	SLM	A	0.13%	0.17%	0.13%
	SMG	D	0.08%	0.13%	0.08%
	SNV	B	0.2%	0.25%	0.2%
	SNX	C	0.14%	0.3%	0.14%
	SON	D	0.12%	0.18%	0.12%
	SR	A	0.1%	0.13%	0.1%
	SRPT	D	0.24%	0.41%	0.24%
	SSB	B	0.2%	0.26%	0.2%
	SSD	D	0.19%	0.26%	0.19%
	ST	F	0.12%	0.18%	0.12%
	STAG	F	0.17%	0.23%	0.17%
	STWD	C	0.15%	0.22%	0.15%
	SWX	B	0.11%	0.15%	0.11%
	SYNA	C	0.07%	0.09%	0.07%
	TDC	D	0.07%	0.11%	0.07%
	TEX	D	0.09%	0.12%	0.09%
	THC	D	0.37%	0.51%	0.37%
	THG	A	0.15%	0.18%	0.15%
	THO	B	0.14%	0.19%	0.14%
	TKO	B	0.22%	0.27%	0.22%
	TKR	D	0.13%	0.18%	0.13%
	TMHC	B	0.17%	0.25%	0.17%
	TNL	A	0.09%	0.12%	0.09%
	TOL	B	0.39%	0.52%	0.39%
	TPX	B	0.23%	0.29%	0.23%
	TREX	C	0.18%	0.27%	0.18%
	TTC	D	0.21%	0.29%	0.21%
	TTEK	F	0.27%	0.45%	0.27%
	TXRH	C	0.33%	0.44%	0.33%
	UA	C	0.03%	0.04%	0.03%
	UAA	C	0.05%	0.06%	0.05%
	UBSI	B	0.14%	0.18%	0.14%
	UFPI	B	0.2%	0.26%	0.2%
	UGI	A	0.13%	0.18%	0.13%
	UMBF	B	0.14%	0.17%	0.14%
	UNM	A	0.32%	0.38%	0.32%
	USFD	A	0.38%	0.52%	0.38%
	UTHR	C	0.34%	0.57%	0.34%
	VAC	B	0.07%	0.09%	0.07%
	VAL	D	0.08%	0.12%	0.08%
	VC	D	0.06%	0.09%	0.06%
	VLY	B	0.11%	0.14%	0.11%
	VMI	B	0.17%	0.22%	0.17%
	VNT	B	0.15%	0.2%	0.15%
	VOYA	B	0.2%	0.27%	0.2%
	VVV	F	0.14%	0.18%	0.14%
	WAL	B	0.24%	0.31%	0.24%
	WBS	A	0.26%	0.31%	0.26%
	WCC	B	0.23%	0.3%	0.23%
	WEN	D	0.07%	0.11%	0.07%
	WEX	D	0.19%	0.24%	0.19%
	WFRD	D	0.15%	0.2%	0.15%
	WH	B	0.19%	0.24%	0.19%
	WHR	B	0.15%	0.2%	0.15%
	WING	D	0.24%	0.29%	0.24%
	WMG	C	0.11%	0.16%	0.11%
	WMS	D	0.24%	0.36%	0.24%
	WSM	B	0.41%	0.6%	0.41%
	WTFC	A	0.21%	0.27%	0.21%
	WTRG	B	0.24%	0.34%	0.24%
	WTS	B	0.14%	0.18%	0.14%
	WU	D	0.09%	0.13%	0.09%
	WWD	B	0.24%	0.34%	0.24%
	X	C	0.21%	0.3%	0.21%
	XPO	B	0.42%	0.52%	0.42%
	XRAY	F	0.1%	0.16%	0.1%
	YETI	C	0.08%	0.1%	0.08%
	ZI	D	0.07%	0.11%	0.07%
	ZION	B	0.22%	0.27%	0.22%

BBMC Overweight 224 Positions Relative to MDY

	Symbol	Grade	Weight
	MSTR	C	1.69%
	APP	B	1.55%
	CVNA	B	0.7%
	DKNG	B	0.51%
	NTRA	B	0.47%
	HOOD	B	0.45%
	NTNX	A	0.42%
	GWRE	A	0.41%
	TOST	B	0.41%
	TW	A	0.38%
	AFRM	B	0.36%
	SOFI	A	0.36%
	JBL	B	0.35%
	TPR	B	0.33%
	NDSN	B	0.33%
	CHRW	C	0.32%
	OWL	A	0.29%
	AIZ	A	0.29%
	GNRC	B	0.28%
	NCLH	B	0.28%
	CTLT	B	0.27%
	ALSN	B	0.26%
	PNW	B	0.26%
	ERIE	D	0.26%
	MLI	C	0.25%
	MKTX	D	0.25%
	GL	B	0.25%
	HSIC	B	0.24%
	LBRDK	C	0.24%
	PCVX	D	0.24%
	IOT	A	0.24%
	CMA	A	0.23%
	SOLV	C	0.23%
	FRT	B	0.23%
	AOS	F	0.22%
	ROKU	D	0.22%
	RL	B	0.21%
	BILL	A	0.21%
	BWA	D	0.2%
	DVA	B	0.2%
	ITCI	C	0.2%
	MTCH	D	0.2%
	HAS	D	0.2%
	AGNC	D	0.19%
	RVMD	C	0.19%
	CZR	F	0.19%
	RHI	B	0.19%
	SMAR	A	0.19%
	JXN	C	0.18%
	BBWI	D	0.18%
	ATI	D	0.18%
	S	B	0.18%
	RIVN	F	0.18%
	ESTC	C	0.18%
	MHK	D	0.18%
	ELAN	D	0.17%
	CWST	A	0.17%
	APG	B	0.17%
	AZEK	A	0.17%
	AWI	A	0.17%
	AXS	A	0.17%
	WSC	D	0.17%
	ALK	C	0.17%
	BPOP	B	0.17%
	FRPT	B	0.17%
	BECN	B	0.17%
	FMC	D	0.17%
	GTLB	B	0.17%
	BFAM	D	0.16%
	OMF	A	0.16%
	SITE	D	0.16%
	BMI	B	0.16%
	CFLT	B	0.16%
	ESI	A	0.16%
	SPSC	C	0.16%
	MTH	D	0.16%
	VFC	C	0.16%
	RHP	B	0.16%
	HRI	B	0.15%
	EPRT	B	0.15%
	LNC	B	0.15%
	ETSY	D	0.15%
	COOP	B	0.15%
	PCOR	B	0.15%
	PARA	C	0.15%
	FOUR	B	0.15%
	MMSI	B	0.15%
	LYFT	C	0.15%
	UHAL	D	0.15%
	EDR	A	0.14%
	GPI	A	0.14%
	SKY	A	0.14%
	FSS	B	0.14%
	PATH	C	0.14%
	BPMC	C	0.14%
	COLD	D	0.14%
	IVZ	B	0.14%
	BCPC	B	0.14%
	ZWS	B	0.14%
	TRNO	F	0.14%
	SUM	B	0.14%
	ACA	A	0.13%
	SEE	C	0.13%
	AL	B	0.13%
	VKTX	F	0.13%
	SM	B	0.13%
	RDN	C	0.13%
	ABG	B	0.13%
	INSP	D	0.13%
	BE	B	0.12%
	WK	B	0.12%
	ALKS	B	0.12%
	MGY	A	0.12%
	PECO	A	0.12%
	MDGL	B	0.12%
	WTM	A	0.12%
	TENB	C	0.12%
	AGO	B	0.12%
	IBP	D	0.12%
	BOX	B	0.12%
	IONS	F	0.12%
	SIG	B	0.11%
	FELE	B	0.11%
	SANM	B	0.11%
	OGN	D	0.1%
	GTES	A	0.1%
	CRSP	D	0.1%
	FUL	F	0.1%
	PBH	A	0.1%
	AEIS	B	0.1%
	NSIT	F	0.1%
	SMPL	B	0.09%
	ASO	F	0.09%
	MDU	D	0.09%
	NWL	B	0.09%
	CCOI	B	0.09%
	DXC	B	0.09%
	APLE	B	0.09%
	PEGA	A	0.09%
	IAC	D	0.09%
	SPR	D	0.09%
	AXSM	B	0.09%
	RARE	D	0.09%
	MSGS	A	0.09%
	ESGR	B	0.09%
	RUSHA	C	0.09%
	SEM	B	0.09%
	JBT	B	0.09%
	AVA	A	0.08%
	PTEN	C	0.08%
	AWR	B	0.08%
	BTU	B	0.08%
	ALIT	C	0.08%
	ATKR	C	0.08%
	HUN	F	0.08%
	DNB	B	0.08%
	SXT	B	0.08%
	OTTR	C	0.08%
	HP	B	0.08%
	CRVL	A	0.08%
	ENV	B	0.08%
	HL	D	0.08%
	RIG	D	0.08%
	INFA	D	0.08%
	CRC	B	0.08%
	CNS	B	0.07%
	BOKF	B	0.07%
	CACC	D	0.07%
	PENN	C	0.07%
	FIVN	C	0.07%
	DV	C	0.07%
	TNET	D	0.07%
	PFSI	D	0.07%
	CWT	D	0.07%
	BL	B	0.07%
	BXMT	C	0.07%
	HI	C	0.06%
	IPAR	B	0.06%
	ADTN	A	0.06%
	CWEN	C	0.06%
	KWR	C	0.06%
	ACLS	F	0.06%
	PINC	B	0.06%
	IRTC	D	0.06%
	AAP	C	0.06%
	DIOD	D	0.06%
	HHH	B	0.06%
	JJSF	B	0.06%
	MPW	F	0.06%
	FOLD	F	0.06%
	FRHC	B	0.05%
	GOLF	B	0.05%
	LCID	F	0.05%
	ACAD	D	0.05%
	FLYW	C	0.05%
	APLS	D	0.05%
	DJT	C	0.04%
	EVH	F	0.04%
	LTH	C	0.04%
	LBRDA	C	0.04%
	REYN	D	0.04%
	IMVT	F	0.04%
	SGRY	F	0.04%
	MP	B	0.04%
	CLVT	F	0.04%
	ADNT	F	0.04%
	DDS	B	0.04%
	FIZZ	C	0.03%
	PGNY	F	0.03%
	MODG	F	0.03%
	CRK	B	0.03%
	WOR	F	0.03%
	PYCR	C	0.03%
	TXG	F	0.03%
	SEDG	F	0.02%
	SEB	F	0.02%
	TFSL	A	0.02%
	WOLF	F	0.02%
	CWEN	C	0.02%
	NFE	D	0.02%
	ACT	D	0.02%
	RUSHB	B	0.01%
	UHAL	D	0.01%
	PLTK	B	0.01%

BBMC Underweight 45 Positions Relative to MDY

	Symbol	Grade	Weight
	ILMN	D	-0.79%
	TPL	A	-0.76%
	LII	A	-0.67%
	WSO	A	-0.57%
	DT	C	-0.55%
	RBA	A	-0.54%
	FNF	B	-0.54%
	BURL	A	-0.54%
	OC	A	-0.53%
	AVTR	F	-0.52%
	EQH	B	-0.5%
	DOCU	A	-0.49%
	RGA	A	-0.48%
	EWBC	A	-0.47%
	ELS	C	-0.45%
	BMRN	D	-0.43%
	NBIX	C	-0.42%
	WPC	D	-0.42%
	CCK	C	-0.38%
	CG	A	-0.36%
	CNH	C	-0.34%
	AFG	A	-0.32%
	HLNE	B	-0.25%
	CVLT	B	-0.24%
	VNO	B	-0.24%
	SRCL	C	-0.2%
	KNF	A	-0.19%
	CNX	A	-0.18%
	APPF	B	-0.17%
	BCO	D	-0.16%
	SBRA	C	-0.16%
	WLK	D	-0.15%
	CNO	A	-0.13%
	ASB	B	-0.12%
	TCBI	B	-0.12%
	CDP	C	-0.12%
	AMED	F	-0.11%
	IBOC	A	-0.11%
	LIVN	F	-0.1%
	GHC	C	-0.1%
	PK	B	-0.1%
	CXT	B	-0.09%
	JWN	C	-0.08%
	VSH	D	-0.07%
	CRI	D	-0.07%

BBMC: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Software - Infrastructure Oil & Gas E&P Specialty Chemicals Specialty Retail Asset Management Building Materials Business Services Information Technology Services Packaged Foods Packaging & Containers Semiconductors Capital Markets Engineering & Construction Leisure REIT - Industrial Apparel Manufacturing

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

MDY: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Biotechnology Software - Application Business Services Oil & Gas E&P Specialty Chemicals Asset Management Packaging & Containers Semiconductors Building Materials Diagnostics & Research Engineering & Construction Specialty Retail Apparel Manufacturing Medical Care Packaged Foods REIT - Diversified REIT - Industrial Scientific & Technical Instruments

Keywords: Bank Banking Mining Chemical Natural Gas Insurance Real Estate Investment Trust Electronics Aerospace Semiconductor Computing Supply Chain Management Beverage Construction Deposit Products Telecommunications Biotechnology Commercial Banking Insurance Products Building Materials