BBUS vs. SCHJ ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Equity ETF (BBUS) to HCM Defender 500 Index ETF (SCHJ)

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$107.85

Average Daily Volume

114,622

Number of Holdings ^*

544

* may have additional holdings in another (foreign) market

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.42

Average Daily Volume

88,949

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	BBUS	SCHJ
30 Days	3.35%	-0.36%
60 Days	4.87%	-0.92%
90 Days	6.62%	0.10%
12 Months	33.27%	6.61%

320 Overlapping Holdings

	Symbol	Grade	Weight in BBUS	Weight in SCHJ	Overlap
	A	D	0.07%	0.02%	0.02%
	AAPL	C	6.36%	0.04%	0.04%
	ABBV	D	0.57%	0.03%	0.03%
	ABT	B	0.39%	0.02%	0.02%
	ADBE	C	0.43%	0.01%	0.01%
	ADI	D	0.2%	0.02%	0.02%
	ADM	D	0.05%	0.02%	0.02%
	ADP	B	0.24%	0.05%	0.05%
	ADSK	A	0.13%	0.02%	0.02%
	AEE	A	0.05%	0.0%	0.0%
	AEP	D	0.1%	0.01%	0.01%
	AES	F	0.02%	0.0%	0.0%
	AFL	B	0.11%	0.01%	0.01%
	AGR	B	0.0%	0.02%	0.0%
	AIG	B	0.09%	0.04%	0.04%
	ALB	C	0.02%	0.01%	0.01%
	ALL	A	0.1%	0.03%	0.03%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.27%	0.04%	0.04%
	AMCR	D	0.03%	0.03%	0.03%
	AMGN	D	0.3%	0.01%	0.01%
	AMP	A	0.11%	0.02%	0.02%
	AMT	D	0.18%	0.01%	0.01%
	AMZN	C	3.73%	0.04%	0.04%
	AON	A	0.16%	0.02%	0.02%
	APD	A	0.14%	0.02%	0.02%
	APH	A	0.16%	0.0%	0.0%
	APTV	D	0.02%	0.01%	0.01%
	ARE	D	0.03%	0.02%	0.02%
	ATO	A	0.04%	0.05%	0.04%
	AVB	B	0.06%	0.01%	0.01%
	AVGO	D	1.44%	0.02%	0.02%
	AWK	D	0.05%	0.02%	0.02%
	AXP	A	0.32%	0.04%	0.04%
	AZO	C	0.1%	0.0%	0.0%
	BA	F	0.21%	0.01%	0.01%
	BAC	A	0.6%	0.03%	0.03%
	BAX	D	0.03%	0.03%	0.03%
	BDX	F	0.13%	0.05%	0.05%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.02%	0.02%	0.02%
	BIIB	F	0.04%	0.1%	0.04%
	BK	A	0.11%	0.01%	0.01%
	BKNG	A	0.32%	0.02%	0.02%
	BLK	C	0.29%	0.07%	0.07%
	BMY	B	0.23%	0.02%	0.02%
	BR	A	0.05%	0.02%	0.02%
	BRO	B	0.05%	0.01%	0.01%
	BSX	B	0.26%	0.0%	0.0%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.25%	0.03%	0.03%
	CAG	D	0.03%	0.01%	0.01%
	CAH	B	0.06%	0.02%	0.02%
	CARR	D	0.12%	0.1%	0.1%
	CAT	B	0.36%	0.02%	0.02%
	CB	C	0.21%	0.02%	0.02%
	CCI	D	0.09%	0.01%	0.01%
	CE	F	0.02%	0.03%	0.02%
	CF	B	0.03%	0.02%	0.02%
	CFG	B	0.04%	0.02%	0.02%
	CHD	B	0.05%	0.01%	0.01%
	CHTR	C	0.07%	0.06%	0.06%
	CI	F	0.17%	0.02%	0.02%
	CL	D	0.15%	0.0%	0.0%
	CLX	B	0.04%	0.03%	0.03%
	CMCSA	B	0.32%	0.01%	0.01%
	CME	A	0.16%	0.07%	0.07%
	CMI	A	0.1%	0.0%	0.0%
	CMS	C	0.04%	0.0%	0.0%
	CNH	C	0.02%	0.02%	0.02%
	CNP	B	0.04%	0.02%	0.02%
	COF	B	0.13%	0.01%	0.01%
	COP	C	0.26%	0.09%	0.09%
	COST	B	0.8%	0.0%	0.0%
	CPB	D	0.02%	0.01%	0.01%
	CRM	B	0.59%	0.02%	0.02%
	CSCO	B	0.45%	0.03%	0.03%
	CSX	B	0.13%	0.01%	0.01%
	CTRA	B	0.04%	0.0%	0.0%
	CTVA	C	0.08%	0.02%	0.02%
	CVS	D	0.14%	0.01%	0.01%
	CVX	A	0.53%	0.02%	0.02%
	D	C	0.09%	0.02%	0.02%
	DAL	C	0.08%	0.02%	0.02%
	DD	D	0.07%	0.09%	0.07%
	DE	A	0.2%	0.0%	0.0%
	DELL	C	0.07%	0.04%	0.04%
	DFS	B	0.08%	0.02%	0.02%
	DG	F	0.03%	0.03%	0.03%
	DGX	A	0.03%	0.03%	0.03%
	DHI	D	0.09%	0.02%	0.02%
	DHR	F	0.29%	0.01%	0.01%
	DIS	B	0.4%	0.04%	0.04%
	DLR	B	0.12%	0.03%	0.03%
	DLTR	F	0.03%	0.05%	0.03%
	DOC	D	0.03%	0.0%	0.0%
	DOV	A	0.05%	0.02%	0.02%
	DOW	F	0.06%	0.04%	0.04%
	DTE	C	0.05%	0.01%	0.01%
	DUK	C	0.17%	0.02%	0.02%
	DVN	F	0.05%	0.02%	0.02%
	EA	A	0.08%	0.03%	0.03%
	EBAY	D	0.06%	0.03%	0.03%
	ED	D	0.07%	0.03%	0.03%
	EFX	F	0.06%	0.01%	0.01%
	EIX	B	0.06%	0.0%	0.0%
	EL	F	0.03%	0.02%	0.02%
	EMN	D	0.02%	0.05%	0.02%
	EMR	A	0.14%	0.03%	0.03%
	EOG	A	0.15%	0.02%	0.02%
	EQH	B	0.03%	0.02%	0.02%
	EQIX	A	0.17%	0.02%	0.02%
	EQR	B	0.05%	0.03%	0.03%
	ES	D	0.04%	0.01%	0.01%
	ESS	B	0.04%	0.0%	0.0%
	ETN	A	0.28%	0.05%	0.05%
	ETR	B	0.06%	0.02%	0.02%
	EVRG	A	0.03%	0.03%	0.03%
	EXC	C	0.07%	0.03%	0.03%
	EXPE	B	0.04%	0.02%	0.02%
	FANG	D	0.06%	0.03%	0.03%
	FCNCA	A	0.05%	0.0%	0.0%
	FDX	B	0.13%	0.04%	0.04%
	FE	C	0.04%	0.01%	0.01%
	FIS	C	0.09%	0.03%	0.03%
	FITB	A	0.06%	0.01%	0.01%
	FLEX	A	0.03%	0.0%	0.0%
	FOXA	B	0.02%	0.04%	0.02%
	FTNT	C	0.12%	0.03%	0.03%
	FTV	C	0.05%	0.03%	0.03%
	GD	F	0.13%	0.02%	0.02%
	GE	D	0.37%	0.03%	0.03%
	GILD	C	0.21%	0.07%	0.07%
	GIS	D	0.07%	0.01%	0.01%
	GM	B	0.12%	0.01%	0.01%
	GOOGL	C	2.0%	0.03%	0.03%
	GPN	B	0.06%	0.02%	0.02%
	GS	A	0.36%	0.05%	0.05%
	GWW	B	0.1%	0.03%	0.03%
	HAL	C	0.05%	0.03%	0.03%
	HBAN	A	0.05%	0.02%	0.02%
	HCA	F	0.12%	0.04%	0.04%
	HD	A	0.77%	0.01%	0.01%
	HES	B	0.08%	0.02%	0.02%
	HII	D	0.01%	0.02%	0.01%
	HON	B	0.29%	0.04%	0.04%
	HPE	B	0.05%	0.03%	0.03%
	HPQ	B	0.07%	0.1%	0.07%
	HRL	D	0.02%	0.05%	0.02%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.01%	0.01%
	HUBB	B	0.05%	0.02%	0.02%
	HUM	C	0.07%	0.01%	0.01%
	IBM	C	0.38%	0.03%	0.03%
	ICE	C	0.17%	0.02%	0.02%
	IFF	D	0.04%	0.03%	0.03%
	ILMN	D	0.04%	0.02%	0.02%
	INTC	D	0.2%	0.02%	0.02%
	INTU	C	0.35%	0.02%	0.02%
	IP	B	0.04%	0.03%	0.03%
	ITW	B	0.15%	0.04%	0.04%
	JBHT	C	0.03%	0.04%	0.03%
	JCI	C	0.11%	0.03%	0.03%
	JNJ	D	0.71%	0.02%	0.02%
	JNPR	F	0.02%	0.02%	0.02%
	JPM	A	1.33%	0.02%	0.02%
	K	A	0.04%	0.02%	0.02%
	KDP	D	0.07%	0.02%	0.02%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	A	0.06%	0.03%	0.03%
	KIM	A	0.03%	0.0%	0.0%
	KLAC	D	0.16%	0.07%	0.07%
	KMB	D	0.09%	0.02%	0.02%
	KMI	A	0.11%	0.01%	0.01%
	KO	D	0.48%	0.05%	0.05%
	KR	B	0.08%	0.02%	0.02%
	L	A	0.03%	0.02%	0.02%
	LDOS	C	0.04%	0.03%	0.03%
	LEN	D	0.08%	0.02%	0.02%
	LEN	D	0.0%	0.02%	0.0%
	LH	C	0.04%	0.02%	0.02%
	LHX	C	0.09%	0.03%	0.03%
	LII	A	0.04%	0.03%	0.03%
	LIN	D	0.42%	0.0%	0.0%
	LLY	F	1.23%	0.02%	0.02%
	LMT	D	0.22%	0.02%	0.02%
	LNT	A	0.03%	0.02%	0.02%
	LOW	D	0.29%	0.01%	0.01%
	LRCX	F	0.18%	0.01%	0.01%
	LUV	C	0.04%	0.04%	0.04%
	LVS	C	0.04%	0.03%	0.03%
	LYB	F	0.04%	0.02%	0.02%
	MA	C	0.81%	0.04%	0.04%
	MAA	B	0.04%	0.01%	0.01%
	MAR	B	0.13%	0.02%	0.02%
	MCD	D	0.41%	0.01%	0.01%
	MCHP	D	0.07%	0.05%	0.05%
	MCK	B	0.16%	0.01%	0.01%
	MCO	B	0.15%	0.02%	0.02%
	MDLZ	F	0.17%	0.03%	0.03%
	MDT	D	0.21%	0.1%	0.1%
	MET	A	0.1%	0.02%	0.02%
	MKC	D	0.04%	0.03%	0.03%
	MLM	B	0.07%	0.04%	0.04%
	MMC	B	0.21%	0.02%	0.02%
	MMM	D	0.14%	0.02%	0.02%
	MO	A	0.19%	0.02%	0.02%
	MOS	F	0.02%	0.04%	0.02%
	MPC	D	0.11%	0.03%	0.03%
	MRK	F	0.48%	0.05%	0.05%
	MRVL	B	0.15%	0.02%	0.02%
	MS	A	0.32%	0.03%	0.03%
	MSFT	F	5.99%	0.05%	0.05%
	MSI	B	0.16%	0.03%	0.03%
	MTB	A	0.07%	0.01%	0.01%
	MU	D	0.21%	0.03%	0.03%
	NDAQ	A	0.06%	0.02%	0.02%
	NEE	D	0.31%	0.0%	0.0%
	NEM	D	0.1%	0.01%	0.01%
	NI	A	0.03%	0.06%	0.03%
	NKE	D	0.17%	0.01%	0.01%
	NOC	D	0.14%	0.04%	0.04%
	NSC	B	0.11%	0.0%	0.0%
	NTAP	C	0.05%	0.02%	0.02%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	C	0.07%	0.02%	0.02%
	NVDA	C	6.71%	0.03%	0.03%
	NXPI	D	0.11%	0.02%	0.02%
	O	D	0.1%	0.01%	0.01%
	OC	A	0.03%	0.02%	0.02%
	OKE	A	0.13%	0.0%	0.0%
	OMC	C	0.04%	0.02%	0.02%
	ORCL	B	0.59%	0.06%	0.06%
	ORLY	B	0.13%	0.02%	0.02%
	OTIS	C	0.08%	0.07%	0.07%
	PCAR	B	0.11%	0.0%	0.0%
	PCG	A	0.08%	0.02%	0.02%
	PEG	A	0.09%	0.02%	0.02%
	PEP	F	0.42%	0.02%	0.02%
	PFE	D	0.27%	0.03%	0.03%
	PFG	D	0.04%	0.02%	0.02%
	PG	A	0.78%	0.02%	0.02%
	PH	A	0.17%	0.04%	0.04%
	PHM	D	0.05%	0.03%	0.03%
	PKG	A	0.04%	0.02%	0.02%
	PM	B	0.39%	0.02%	0.02%
	PNC	B	0.16%	0.02%	0.02%
	PPG	F	0.06%	0.01%	0.01%
	PPL	B	0.05%	0.04%	0.04%
	PRU	A	0.09%	0.01%	0.01%
	PSA	D	0.1%	0.01%	0.01%
	PSX	C	0.11%	0.01%	0.01%
	PYPL	B	0.17%	0.03%	0.03%
	QCOM	F	0.33%	0.02%	0.02%
	RF	A	0.05%	0.05%	0.05%
	RGA	A	0.03%	0.02%	0.02%
	ROK	B	0.06%	0.02%	0.02%
	ROP	B	0.11%	0.01%	0.01%
	ROST	C	0.09%	0.02%	0.02%
	RPRX	D	0.02%	0.04%	0.02%
	RSG	A	0.08%	0.01%	0.01%
	RTX	C	0.31%	0.02%	0.02%
	SBUX	A	0.22%	0.04%	0.04%
	SCCO	F	0.02%	0.0%	0.0%
	SCHW	B	0.22%	0.01%	0.01%
	SHW	A	0.17%	0.02%	0.02%
	SJM	D	0.02%	0.05%	0.02%
	SLB	C	0.12%	0.02%	0.02%
	SO	D	0.19%	0.0%	0.0%
	SPG	B	0.11%	0.02%	0.02%
	SPGI	C	0.31%	0.04%	0.04%
	SRE	A	0.11%	0.02%	0.02%
	STLD	B	0.04%	0.02%	0.02%
	STT	A	0.06%	0.01%	0.01%
	STZ	D	0.08%	0.02%	0.02%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.05%	0.05%
	SYK	C	0.27%	0.02%	0.02%
	SYY	B	0.07%	0.02%	0.02%
	T	A	0.32%	0.01%	0.01%
	TAP	C	0.02%	0.08%	0.02%
	TDY	B	0.04%	0.02%	0.02%
	TFC	A	0.12%	0.02%	0.02%
	TGT	F	0.11%	0.05%	0.05%
	TJX	A	0.26%	0.02%	0.02%
	TMO	F	0.38%	0.03%	0.03%
	TMUS	B	0.22%	0.06%	0.06%
	TRMB	B	0.03%	0.02%	0.02%
	TSN	B	0.03%	0.02%	0.02%
	TT	A	0.18%	0.03%	0.03%
	TXN	C	0.35%	0.0%	0.0%
	TXT	D	0.03%	0.0%	0.0%
	UAL	A	0.06%	0.02%	0.02%
	UHS	D	0.02%	0.04%	0.02%
	UNH	C	1.07%	0.01%	0.01%
	UNP	C	0.28%	0.0%	0.0%
	UPS	C	0.19%	0.02%	0.02%
	USB	A	0.15%	0.03%	0.03%
	V	A	1.0%	0.09%	0.09%
	VLO	C	0.09%	0.03%	0.03%
	VMC	B	0.07%	0.03%	0.03%
	VRSK	A	0.08%	0.05%	0.05%
	VRSN	F	0.03%	0.03%	0.03%
	VTR	C	0.05%	0.01%	0.01%
	VZ	C	0.34%	0.02%	0.02%
	WAB	B	0.07%	0.02%	0.02%
	WBA	F	0.01%	0.06%	0.01%
	WEC	A	0.06%	0.02%	0.02%
	WELL	A	0.16%	0.0%	0.0%
	WFC	A	0.49%	0.02%	0.02%
	WLK	D	0.01%	0.04%	0.01%
	WM	A	0.16%	0.02%	0.02%
	WMB	A	0.14%	0.03%	0.03%
	WMT	A	0.73%	0.03%	0.03%
	WPC	D	0.02%	0.02%	0.02%
	XEL	A	0.07%	0.02%	0.02%
	XOM	B	1.04%	0.03%	0.03%
	ZBH	C	0.04%	0.01%	0.01%
	ZTS	D	0.16%	0.02%	0.02%

BBUS Overweight 224 Positions Relative to SCHJ

	Symbol	Grade	Weight
	META	D	2.4%
	TSLA	B	1.84%
	GOOG	C	1.79%
	BRK.A	B	1.64%
	NFLX	A	0.73%
	AMD	F	0.43%
	ACN	C	0.43%
	NOW	A	0.41%
	ISRG	A	0.37%
	PGR	A	0.29%
	UBER	D	0.27%
	BX	A	0.26%
	PANW	C	0.25%
	PLTR	B	0.24%
	FI	A	0.24%
	VRTX	F	0.23%
	PLD	D	0.21%
	KKR	A	0.2%
	ANET	C	0.19%
	ELV	F	0.18%
	GEV	B	0.18%
	MELI	D	0.18%
	CMG	B	0.16%
	CRWD	B	0.16%
	CDNS	B	0.16%
	SNPS	B	0.16%
	CTAS	B	0.15%
	REGN	F	0.15%
	TDG	D	0.14%
	CEG	D	0.14%
	APO	B	0.13%
	HLT	A	0.12%
	ECL	D	0.12%
	FCX	D	0.12%
	COIN	C	0.12%
	AJG	B	0.12%
	URI	B	0.11%
	WDAY	B	0.11%
	TTD	B	0.11%
	RCL	A	0.11%
	FICO	B	0.11%
	ABNB	C	0.11%
	TRV	B	0.11%
	SQ	B	0.1%
	VRT	B	0.1%
	VST	B	0.1%
	LNG	B	0.1%
	DASH	A	0.1%
	AME	A	0.09%
	BKR	B	0.09%
	TRGP	B	0.09%
	PAYX	C	0.09%
	MSCI	C	0.09%
	FAST	B	0.09%
	HWM	A	0.09%
	PWR	A	0.09%
	CPRT	A	0.09%
	TEAM	A	0.08%
	CTSH	B	0.08%
	IT	C	0.08%
	DDOG	A	0.08%
	CBRE	B	0.08%
	ODFL	B	0.08%
	KVUE	A	0.08%
	COR	B	0.08%
	IR	B	0.08%
	EW	C	0.08%
	F	C	0.08%
	SNOW	C	0.08%
	AXON	A	0.08%
	IRM	D	0.07%
	LULU	C	0.07%
	IDXX	F	0.07%
	HIG	B	0.07%
	EXR	D	0.07%
	HUBS	A	0.07%
	RMD	C	0.07%
	IQV	D	0.07%
	ACGL	D	0.07%
	GLW	B	0.07%
	YUM	B	0.07%
	MNST	C	0.07%
	CPNG	D	0.06%
	ON	D	0.06%
	NET	B	0.06%
	TSCO	D	0.06%
	XYL	D	0.06%
	ANSS	B	0.06%
	DXCM	D	0.06%
	TTWO	A	0.06%
	RJF	A	0.06%
	CNC	D	0.06%
	CSGP	D	0.06%
	VEEV	C	0.06%
	ALNY	D	0.06%
	GRMN	B	0.06%
	ARES	A	0.06%
	WTW	B	0.06%
	OXY	D	0.06%
	VICI	C	0.06%
	GEHC	F	0.06%
	CINF	A	0.05%
	CDW	F	0.05%
	SBAC	D	0.05%
	LPLA	A	0.05%
	MTD	D	0.05%
	VLTO	D	0.05%
	CCL	B	0.05%
	TYL	B	0.05%
	CPAY	A	0.05%
	GDDY	A	0.05%
	NVR	D	0.05%
	TROW	B	0.05%
	MPWR	F	0.05%
	EQT	B	0.05%
	RBLX	C	0.05%
	DECK	A	0.05%
	KHC	F	0.05%
	SW	A	0.05%
	TPL	A	0.05%
	HOLX	D	0.04%
	ZS	C	0.04%
	BAH	F	0.04%
	PODD	C	0.04%
	WSO	A	0.04%
	TRU	D	0.04%
	FSLR	F	0.04%
	SNA	A	0.04%
	WRB	A	0.04%
	ZM	B	0.04%
	BALL	D	0.04%
	INVH	D	0.04%
	DRI	B	0.04%
	ZBRA	B	0.04%
	NRG	B	0.04%
	STX	D	0.04%
	MDB	C	0.04%
	LYV	A	0.04%
	WDC	D	0.04%
	STE	F	0.04%
	WAT	B	0.04%
	BLDR	D	0.04%
	MKL	A	0.04%
	WBD	C	0.04%
	WY	D	0.04%
	PTC	A	0.04%
	WST	C	0.04%
	EPAM	C	0.03%
	UDR	B	0.03%
	AKAM	D	0.03%
	AVTR	F	0.03%
	POOL	C	0.03%
	RVTY	F	0.03%
	DT	C	0.03%
	FFIV	B	0.03%
	ROL	B	0.03%
	EWBC	A	0.03%
	ENTG	D	0.03%
	DPZ	C	0.03%
	FNF	B	0.03%
	SUI	D	0.03%
	VTRS	A	0.03%
	SSNC	B	0.03%
	AVY	D	0.03%
	DOCU	A	0.03%
	TER	D	0.03%
	EG	C	0.03%
	MRO	B	0.03%
	ULTA	F	0.03%
	HEI	B	0.03%
	TWLO	A	0.03%
	EXPD	D	0.03%
	J	F	0.03%
	ALGN	D	0.03%
	IEX	B	0.03%
	GPC	D	0.03%
	GEN	B	0.03%
	MAS	D	0.03%
	BBY	D	0.03%
	MOH	F	0.03%
	BURL	A	0.03%
	PNR	A	0.03%
	PINS	D	0.03%
	FDS	B	0.03%
	APA	D	0.02%
	ENPH	F	0.02%
	WYNN	D	0.02%
	TFX	F	0.02%
	MGM	D	0.02%
	CRL	C	0.02%
	EXAS	D	0.02%
	LKQ	D	0.02%
	AFG	A	0.02%
	IPG	D	0.02%
	TECH	D	0.02%
	CCK	C	0.02%
	LW	C	0.02%
	CG	A	0.02%
	NWSA	B	0.02%
	PAYC	B	0.02%
	SNAP	C	0.02%
	INCY	C	0.02%
	HEI	B	0.02%
	BMRN	D	0.02%
	DAY	B	0.02%
	OKTA	C	0.02%
	KMX	B	0.02%
	NBIX	C	0.02%
	MRNA	F	0.02%
	JKHY	D	0.02%
	REG	B	0.02%
	Z	A	0.02%
	ELS	C	0.02%
	CPT	B	0.02%
	SMCI	F	0.02%
	NWS	B	0.01%
	ZG	A	0.01%
	FOX	A	0.01%
	SIRI	C	0.01%
	BSY	D	0.01%
	QRVO	F	0.01%
	U	C	0.01%
	CRBG	B	0.01%
	ACI	C	0.01%

BBUS Underweight 117 Positions Relative to SCHJ

	Symbol	Grade	Weight
	BABA	D	-0.09%
	STLA	F	-0.07%
	SF	B	-0.05%
	BERY	B	-0.05%
	DXC	B	-0.04%
	CMA	A	-0.04%
	BHP	F	-0.04%
	VFC	C	-0.04%
	JEF	A	-0.04%
	GSK	F	-0.04%
	TPR	B	-0.03%
	FAF	A	-0.03%
	HP	B	-0.03%
	THG	A	-0.03%
	BWA	D	-0.03%
	KMPR	B	-0.03%
	HAS	D	-0.03%
	MAIN	A	-0.03%
	TEL	B	-0.03%
	RL	B	-0.03%
	GP	F	-0.03%
	ORI	A	-0.03%
	TME	D	-0.03%
	BC	C	-0.03%
	JBL	B	-0.03%
	SNX	C	-0.03%
	AN	C	-0.03%
	MHK	D	-0.03%
	WB	D	-0.03%
	FRT	B	-0.03%
	OPI	F	-0.03%
	JD	D	-0.03%
	AWH	F	-0.03%
	PVH	C	-0.03%
	JHG	A	-0.03%
	VNT	B	-0.03%
	BKU	A	-0.03%
	CNO	A	-0.03%
	AVT	C	-0.03%
	ALLY	C	-0.03%
	EPD	A	-0.03%
	ARCC	A	-0.03%
	BIDU	F	-0.03%
	HSBC	B	-0.03%
	TSLX	C	-0.02%
	TCPC	C	-0.02%
	FNB	A	-0.02%
	VLY	B	-0.02%
	SNV	B	-0.02%
	WAL	B	-0.02%
	AIZ	A	-0.02%
	LEG	F	-0.02%
	KSS	F	-0.02%
	SBRA	C	-0.02%
	OCSL	F	-0.02%
	GXO	B	-0.02%
	HTGC	D	-0.02%
	NEU	C	-0.02%
	BCSF	C	-0.02%
	PSEC	D	-0.02%
	AGO	B	-0.02%
	RNR	C	-0.02%
	KRC	C	-0.02%
	TKR	D	-0.02%
	RS	B	-0.02%
	PNW	B	-0.02%
	G	B	-0.02%
	HRB	D	-0.02%
	RPM	A	-0.02%
	GBDC	C	-0.02%
	FHN	A	-0.02%
	LNC	B	-0.02%
	HOG	D	-0.02%
	UNM	A	-0.02%
	LAZ	B	-0.02%
	GSBD	F	-0.02%
	BKH	A	-0.02%
	VOYA	B	-0.02%
	SLG	B	-0.02%
	H	B	-0.02%
	CNA	B	-0.02%
	NNN	D	-0.02%
	R	B	-0.02%
	SITC	D	-0.02%
	GLPI	C	-0.02%
	CM	A	-0.02%
	AL	B	-0.02%
	VOD	F	-0.02%
	AER	B	-0.02%
	BNS	A	-0.02%
	DB	D	-0.02%
	RY	A	-0.02%
	MUFG	B	-0.02%
	NWG	C	-0.02%
	VNO	B	-0.01%
	PDM	D	-0.01%
	ARW	D	-0.01%
	CSL	C	-0.01%
	OGE	B	-0.01%
	OHI	C	-0.01%
	CP	D	-0.01%
	WEST	C	-0.01%
	AMG	B	-0.01%
	OGS	A	-0.01%
	PAA	B	-0.01%
	NFG	A	-0.01%
	BMO	A	-0.01%
	TD	F	-0.01%
	AZN	D	-0.01%
	WHR	B	-0.0%
	CUBE	D	-0.0%
	BDN	C	-0.0%
	BRX	A	-0.0%
	WU	D	-0.0%
	IVZ	B	-0.0%
	FSK	A	-0.0%
	MPLX	A	-0.0%

BBUS: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Diagnostics & Research Semiconductors Asset Management Aerospace & Defense Banks - Regional - US Oil & Gas E&P Biotechnology Capital Markets Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods REIT - Residential Software - Infrastructure Specialty Chemicals Specialty Retail Medical Devices

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Bank Chemical Aerospace Medicine Real Estate Investment Trust Telecommunications Banking Cloud Computing Mobile Devices Semiconductor Mining Insurance Products

SCHJ: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Drug Manufacturers - Major Credit Services Diversified Industrials Semiconductors REIT - Office Specialty Chemicals Business Services Packaged Foods Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas E&P REIT - Retail Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Dow Jones Component Real Estate Investment Trust Investment Bank Computing Electronics Financial Products Insurance Products Cash Management Aerospace Chemical Commercial Banking Semiconductor Disability