CVMC vs. JPME ETF Comparison

Comparison of Calvert US Mid-Cap Core Responsible Index ETF (CVMC) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

CVMC

Calvert US Mid-Cap Core Responsible Index ETF

CVMC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$63.41

Average Daily Volume

2,251

Number of Holdings ^*

606

* may have additional holdings in another (foreign) market

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$109.93

Average Daily Volume

10,028

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	CVMC	JPME
30 Days	5.83%	5.14%
60 Days	6.29%	5.14%
90 Days	8.25%	7.46%
12 Months	30.95%	30.14%

231 Overlapping Holdings

	Symbol	Grade	Weight in CVMC	Weight in JPME	Overlap
	A	D	0.38%	0.29%	0.29%
	ACGL	D	0.35%	0.1%	0.1%
	ACI	C	0.08%	0.3%	0.08%
	AEE	A	0.27%	0.02%	0.02%
	AFG	A	0.1%	0.19%	0.1%
	AKAM	D	0.14%	0.12%	0.12%
	ALLY	C	0.1%	0.11%	0.1%
	ALSN	B	0.12%	0.51%	0.12%
	AME	A	0.46%	0.39%	0.39%
	AMP	A	0.54%	0.48%	0.48%
	AN	C	0.04%	0.32%	0.04%
	ANSS	B	0.3%	0.34%	0.3%
	AOS	F	0.1%	0.28%	0.1%
	APP	B	0.55%	1.27%	0.55%
	ASH	D	0.04%	0.26%	0.04%
	ATR	B	0.13%	0.01%	0.01%
	AVB	B	0.34%	0.38%	0.34%
	AVT	C	0.04%	0.14%	0.04%
	AVY	D	0.18%	0.3%	0.18%
	AXS	A	0.06%	0.15%	0.06%
	AYI	B	0.12%	0.09%	0.09%
	BAH	F	0.22%	0.14%	0.14%
	BBY	D	0.17%	0.29%	0.17%
	BG	F	0.13%	0.33%	0.13%
	BIIB	F	0.26%	0.04%	0.04%
	BKR	B	0.45%	0.18%	0.18%
	BPOP	B	0.07%	0.3%	0.07%
	BRBR	A	0.09%	0.36%	0.09%
	BRKR	D	0.06%	0.2%	0.06%
	BRO	B	0.29%	0.17%	0.17%
	BRX	A	0.1%	0.4%	0.1%
	BWA	D	0.11%	0.13%	0.11%
	CAG	D	0.14%	0.31%	0.14%
	CASY	A	0.16%	0.41%	0.16%
	CBOE	B	0.2%	0.35%	0.2%
	CBRE	B	0.42%	0.44%	0.42%
	CDW	F	0.25%	0.26%	0.25%
	CE	F	0.09%	0.19%	0.09%
	CFG	B	0.2%	0.11%	0.11%
	CHD	B	0.25%	0.33%	0.25%
	CHE	D	0.09%	0.33%	0.09%
	CHTR	C	0.39%	0.39%	0.39%
	CIEN	B	0.1%	0.51%	0.1%
	CLH	B	0.14%	0.41%	0.14%
	CLX	B	0.2%	0.35%	0.2%
	CMA	A	0.09%	0.07%	0.07%
	CMI	A	0.5%	0.47%	0.47%
	CMS	C	0.23%	0.37%	0.23%
	CNC	D	0.31%	0.25%	0.25%
	CNM	D	0.08%	0.35%	0.08%
	COKE	C	0.07%	0.34%	0.07%
	CPB	D	0.1%	0.32%	0.1%
	CPT	B	0.14%	0.2%	0.14%
	CROX	D	0.05%	0.22%	0.05%
	CRUS	D	0.06%	0.27%	0.06%
	CSL	C	0.25%	0.42%	0.25%
	CUBE	D	0.12%	0.35%	0.12%
	CWEN	C	0.03%	0.24%	0.03%
	DECK	A	0.26%	0.38%	0.26%
	DFS	B	0.42%	0.14%	0.14%
	DGX	A	0.19%	0.39%	0.19%
	DKS	C	0.11%	0.36%	0.11%
	DLB	B	0.04%	0.22%	0.04%
	DOX	D	0.1%	0.3%	0.1%
	DRI	B	0.22%	0.26%	0.22%
	DTE	C	0.28%	0.37%	0.28%
	DVA	B	0.08%	0.38%	0.08%
	ED	D	0.34%	0.35%	0.34%
	EG	C	0.15%	0.31%	0.15%
	EHC	B	0.11%	0.42%	0.11%
	ELAN	D	0.07%	0.16%	0.07%
	EME	C	0.26%	0.38%	0.26%
	EMN	D	0.13%	0.39%	0.13%
	EQR	B	0.3%	0.29%	0.29%
	ESI	A	0.07%	0.39%	0.07%
	ESS	B	0.22%	0.31%	0.22%
	EVRG	A	0.16%	0.4%	0.16%
	EXC	C	0.39%	0.28%	0.28%
	EXEL	B	0.11%	0.43%	0.11%
	EXPD	D	0.21%	0.22%	0.21%
	FAST	B	0.45%	0.41%	0.41%
	FBIN	D	0.09%	0.32%	0.09%
	FCNCA	A	0.25%	0.43%	0.25%
	FITB	A	0.31%	0.19%	0.19%
	FLO	D	0.05%	0.26%	0.05%
	FMC	D	0.08%	0.21%	0.08%
	FNB	A	0.06%	0.07%	0.06%
	FR	C	0.08%	0.23%	0.08%
	FRPT	B	0.08%	0.27%	0.08%
	FRT	B	0.11%	0.18%	0.11%
	GEHC	F	0.37%	0.07%	0.07%
	GEN	B	0.17%	0.33%	0.17%
	GGG	B	0.17%	0.35%	0.17%
	GIS	D	0.37%	0.32%	0.32%
	GLW	B	0.38%	0.18%	0.18%
	GWW	B	0.5%	0.43%	0.43%
	HBAN	A	0.24%	0.41%	0.24%
	HIG	B	0.33%	0.38%	0.33%
	HOG	D	0.06%	0.02%	0.02%
	HOLX	D	0.19%	0.32%	0.19%
	HPE	B	0.28%	0.34%	0.28%
	HPQ	B	0.36%	0.3%	0.3%
	HRB	D	0.09%	0.33%	0.09%
	HRL	D	0.1%	0.26%	0.1%
	HSIC	B	0.09%	0.29%	0.09%
	HST	C	0.14%	0.32%	0.14%
	HSY	F	0.29%	0.21%	0.21%
	HUBB	B	0.27%	0.43%	0.27%
	HXL	D	0.06%	0.05%	0.05%
	IDA	A	0.07%	0.24%	0.07%
	IEX	B	0.2%	0.05%	0.05%
	IFF	D	0.23%	0.29%	0.23%
	INCY	C	0.16%	0.27%	0.16%
	INGR	B	0.1%	0.42%	0.1%
	IPG	D	0.12%	0.03%	0.03%
	IQV	D	0.37%	0.28%	0.28%
	IRM	D	0.34%	0.39%	0.34%
	IT	C	0.42%	0.38%	0.38%
	ITT	A	0.14%	0.17%	0.14%
	JAZZ	B	0.08%	0.26%	0.08%
	JBL	B	0.14%	0.32%	0.14%
	JEF	A	0.12%	0.49%	0.12%
	JLL	D	0.14%	0.38%	0.14%
	JNPR	F	0.13%	0.38%	0.13%
	K	A	0.23%	0.38%	0.23%
	KEY	B	0.17%	0.1%	0.1%
	KEYS	A	0.29%	0.17%	0.17%
	KIM	A	0.18%	0.36%	0.18%
	KR	B	0.44%	0.42%	0.42%
	KVUE	A	0.43%	0.33%	0.33%
	LAMR	D	0.12%	0.39%	0.12%
	LBRDK	C	0.12%	0.09%	0.09%
	LECO	B	0.13%	0.3%	0.13%
	LEN	D	0.42%	0.36%	0.36%
	LH	C	0.22%	0.32%	0.22%
	LNT	A	0.17%	0.38%	0.17%
	LPX	B	0.07%	0.27%	0.07%
	LSTR	D	0.09%	0.3%	0.09%
	M	D	0.04%	0.14%	0.04%
	MAA	B	0.21%	0.25%	0.21%
	MANH	D	0.17%	0.37%	0.17%
	MAS	D	0.16%	0.31%	0.16%
	MEDP	D	0.09%	0.28%	0.09%
	MKC	D	0.22%	0.28%	0.22%
	MOH	F	0.19%	0.29%	0.19%
	MOS	F	0.1%	0.29%	0.1%
	MPWR	F	0.27%	0.27%	0.27%
	MSM	C	0.04%	0.33%	0.04%
	MTB	A	0.34%	0.31%	0.31%
	MTG	C	0.06%	0.37%	0.06%
	NBIX	C	0.13%	0.25%	0.13%
	NDSN	B	0.16%	0.06%	0.06%
	NFG	A	0.06%	0.36%	0.06%
	NI	A	0.18%	0.41%	0.18%
	NNN	D	0.09%	0.22%	0.09%
	NRG	B	0.21%	0.45%	0.21%
	NTAP	C	0.25%	0.34%	0.25%
	NUE	C	0.36%	0.31%	0.31%
	NVR	D	0.31%	0.37%	0.31%
	NVT	B	0.14%	0.18%	0.14%
	NXST	C	0.06%	0.36%	0.06%
	OC	A	0.22%	0.41%	0.22%
	OHI	C	0.12%	0.38%	0.12%
	OMC	C	0.23%	0.28%	0.23%
	OMF	A	0.06%	0.45%	0.06%
	ON	D	0.29%	0.24%	0.24%
	ORI	A	0.09%	0.4%	0.09%
	PAG	B	0.03%	0.35%	0.03%
	PAYC	B	0.12%	0.03%	0.03%
	PAYX	C	0.47%	0.27%	0.27%
	PB	A	0.07%	0.07%	0.07%
	PEG	A	0.44%	0.41%	0.41%
	PFG	D	0.19%	0.05%	0.05%
	PFGC	B	0.14%	0.4%	0.14%
	PHM	D	0.29%	0.37%	0.29%
	PKG	A	0.24%	0.41%	0.24%
	POOL	C	0.13%	0.13%	0.13%
	PRI	A	0.1%	0.22%	0.1%
	PWR	A	0.48%	0.46%	0.46%
	QRVO	F	0.06%	0.12%	0.06%
	R	B	0.1%	0.27%	0.1%
	REG	B	0.15%	0.37%	0.15%
	REXR	F	0.1%	0.18%	0.1%
	RF	A	0.23%	0.17%	0.17%
	RGA	A	0.15%	0.41%	0.15%
	RHI	B	0.09%	0.07%	0.07%
	RMD	C	0.35%	0.36%	0.35%
	ROKU	D	0.1%	0.37%	0.1%
	RPRX	D	0.11%	0.21%	0.11%
	RS	B	0.22%	0.37%	0.22%
	RVTY	F	0.16%	0.25%	0.16%
	SAIC	F	0.07%	0.28%	0.07%
	SCI	B	0.13%	0.15%	0.13%
	SJM	D	0.13%	0.29%	0.13%
	SLGN	A	0.05%	0.1%	0.05%
	SLM	A	0.05%	0.17%	0.05%
	SNA	A	0.21%	0.44%	0.21%
	SNX	C	0.08%	0.28%	0.08%
	SON	D	0.06%	0.14%	0.06%
	SSNC	B	0.16%	0.35%	0.16%
	STAG	F	0.07%	0.28%	0.07%
	STE	F	0.24%	0.32%	0.24%
	STLD	B	0.25%	0.42%	0.25%
	STWD	C	0.06%	0.23%	0.06%
	SWKS	F	0.14%	0.24%	0.14%
	SYF	B	0.25%	0.51%	0.25%
	SYY	B	0.38%	0.27%	0.27%
	TECH	D	0.12%	0.06%	0.06%
	TER	D	0.18%	0.27%	0.18%
	TFX	F	0.1%	0.08%	0.08%
	THO	B	0.08%	0.13%	0.08%
	TKR	D	0.05%	0.35%	0.05%
	TOL	B	0.17%	0.42%	0.17%
	TPR	B	0.13%	0.43%	0.13%
	TSCO	D	0.28%	0.34%	0.28%
	TXRH	C	0.14%	0.43%	0.14%
	TYL	B	0.27%	0.39%	0.27%
	UGI	A	0.06%	0.37%	0.06%
	UNM	A	0.13%	0.5%	0.13%
	USFD	A	0.17%	0.43%	0.17%
	UTHR	C	0.18%	0.42%	0.18%
	VEEV	C	0.35%	0.28%	0.28%
	WEC	A	0.33%	0.39%	0.33%
	WPC	D	0.13%	0.22%	0.13%
	WSM	B	0.15%	0.31%	0.15%
	WST	C	0.27%	0.28%	0.27%
	WTM	A	0.05%	0.13%	0.05%
	WY	D	0.2%	0.31%	0.2%
	XEL	A	0.4%	0.41%	0.4%
	XRAY	F	0.04%	0.09%	0.04%
	ZION	B	0.08%	0.09%	0.08%

CVMC Overweight 375 Positions Relative to JPME

	Symbol	Grade	Weight
	ADSK	A	0.64%
	FTNT	C	0.59%
	FICO	B	0.57%
	URI	B	0.55%
	TTD	B	0.55%
	BK	A	0.55%
	ALL	A	0.5%
	VRT	B	0.48%
	AXON	A	0.48%
	FIS	C	0.48%
	SQ	B	0.47%
	D	C	0.47%
	DAL	C	0.46%
	MSCI	C	0.46%
	PRU	A	0.44%
	CCI	D	0.44%
	IR	B	0.43%
	ODFL	B	0.43%
	VRSK	A	0.42%
	KMB	D	0.42%
	CTSH	B	0.41%
	OTIS	C	0.41%
	SNOW	C	0.41%
	YUM	B	0.4%
	VMC	B	0.4%
	DDOG	A	0.4%
	TEAM	A	0.4%
	EA	A	0.4%
	WAB	B	0.37%
	ALNY	D	0.35%
	ROK	B	0.35%
	HUBS	A	0.35%
	IDXX	F	0.35%
	EXR	D	0.35%
	LULU	C	0.34%
	HUM	C	0.34%
	CSGP	D	0.33%
	EFX	F	0.33%
	WTW	B	0.31%
	PPG	F	0.31%
	DOV	A	0.31%
	XYL	D	0.31%
	NDAQ	A	0.31%
	HEI	B	0.31%
	TTWO	A	0.3%
	KHC	F	0.3%
	ARES	A	0.3%
	RJF	A	0.29%
	EBAY	D	0.29%
	SW	A	0.29%
	VTR	C	0.29%
	FTV	C	0.29%
	MTD	D	0.28%
	NET	B	0.28%
	AWK	D	0.28%
	BR	A	0.27%
	STT	A	0.27%
	RBLX	C	0.27%
	SBAC	D	0.26%
	WBD	C	0.26%
	ILMN	D	0.25%
	ES	D	0.25%
	VLTO	D	0.25%
	TDY	B	0.25%
	CVNA	B	0.25%
	TROW	B	0.25%
	XPO	B	0.24%
	ZBH	C	0.24%
	WAT	B	0.24%
	LYV	A	0.23%
	LII	A	0.23%
	LPLA	A	0.23%
	PTC	A	0.23%
	TRU	D	0.22%
	WDC	D	0.22%
	ZM	B	0.22%
	CINF	A	0.22%
	ZBRA	B	0.21%
	STX	D	0.21%
	ARE	D	0.21%
	WSO	A	0.21%
	FDS	B	0.21%
	MDB	C	0.21%
	BALL	D	0.21%
	TRMB	B	0.2%
	PODD	C	0.2%
	ZS	C	0.2%
	SAIA	B	0.2%
	PNR	A	0.2%
	JBHT	C	0.2%
	NTRS	A	0.2%
	BAX	D	0.18%
	FSLR	F	0.18%
	PINS	D	0.18%
	CHRW	C	0.18%
	DPZ	C	0.17%
	DOC	D	0.17%
	NTNX	A	0.17%
	DOCU	A	0.17%
	AMCR	D	0.17%
	ALGN	D	0.17%
	SUI	D	0.17%
	ULTA	F	0.17%
	WRB	A	0.17%
	FIX	A	0.17%
	TWLO	A	0.17%
	APTV	D	0.17%
	ENTG	D	0.16%
	PSTG	D	0.16%
	CW	B	0.16%
	ACM	A	0.16%
	DG	F	0.16%
	TOST	B	0.16%
	BURL	A	0.16%
	GPC	D	0.16%
	GWRE	A	0.16%
	VRSN	F	0.16%
	UDR	B	0.16%
	ROL	B	0.16%
	EQH	B	0.15%
	SWK	D	0.15%
	COHR	B	0.15%
	AVTR	F	0.15%
	SFM	A	0.15%
	Z	A	0.15%
	CMC	B	0.14%
	AFRM	B	0.14%
	EWBC	A	0.14%
	EPAM	C	0.14%
	SOFI	A	0.14%
	BXP	D	0.14%
	ALLE	D	0.14%
	EL	F	0.14%
	ELS	C	0.14%
	DT	C	0.14%
	FFIV	B	0.14%
	TW	A	0.14%
	AAL	B	0.13%
	OKTA	C	0.13%
	JKHY	D	0.13%
	DUOL	A	0.13%
	RRX	B	0.13%
	SUM	B	0.13%
	DLTR	F	0.13%
	BMRN	D	0.13%
	KMX	B	0.12%
	WTRG	B	0.12%
	AIT	A	0.12%
	DAY	B	0.12%
	OWL	A	0.12%
	ATI	D	0.12%
	KNX	B	0.12%
	LW	C	0.12%
	BLD	D	0.12%
	TTEK	F	0.12%
	CCK	C	0.12%
	RNR	C	0.12%
	WING	D	0.11%
	DCI	B	0.11%
	MORN	B	0.11%
	SRPT	D	0.11%
	BJ	A	0.11%
	ALV	C	0.11%
	CRL	C	0.11%
	ARMK	B	0.11%
	WWD	B	0.11%
	MKTX	D	0.11%
	SF	B	0.11%
	AES	F	0.11%
	MLI	C	0.11%
	CTLT	B	0.11%
	SNAP	C	0.11%
	PEN	B	0.1%
	TTC	D	0.1%
	LKQ	D	0.1%
	GPK	C	0.1%
	WAL	B	0.1%
	NYT	C	0.1%
	WBS	A	0.1%
	GMED	A	0.1%
	APG	B	0.1%
	CNH	C	0.1%
	KNSL	B	0.1%
	EXAS	D	0.1%
	AXTA	A	0.1%
	AAON	B	0.1%
	CG	A	0.1%
	FND	C	0.1%
	EVR	B	0.1%
	FHN	A	0.1%
	WMS	D	0.1%
	RIVN	F	0.1%
	MOD	A	0.09%
	MKSI	C	0.09%
	BERY	B	0.09%
	CBSH	A	0.09%
	TPX	B	0.09%
	ENSG	D	0.09%
	SSD	D	0.09%
	FLS	B	0.09%
	WCC	B	0.09%
	BILL	A	0.09%
	PNFP	B	0.09%
	PCTY	B	0.09%
	PLNT	A	0.09%
	ALK	C	0.09%
	GL	B	0.09%
	SMCI	F	0.09%
	LAD	A	0.09%
	HLI	B	0.09%
	MTZ	B	0.09%
	LEA	D	0.08%
	S	B	0.08%
	UFPI	B	0.08%
	CVLT	B	0.08%
	WEX	D	0.08%
	G	B	0.08%
	IVZ	B	0.08%
	SNV	B	0.08%
	VMI	B	0.08%
	VOYA	B	0.08%
	SKX	D	0.08%
	H	B	0.08%
	RL	B	0.08%
	SSB	B	0.08%
	PARA	C	0.08%
	FCN	D	0.08%
	HLNE	B	0.08%
	HAS	D	0.08%
	ESTC	C	0.08%
	VNO	B	0.08%
	GXO	B	0.08%
	CGNX	C	0.08%
	TMHC	B	0.08%
	GKOS	B	0.08%
	CFR	B	0.08%
	RGEN	D	0.08%
	ESAB	B	0.08%
	MIDD	C	0.08%
	GTLS	B	0.08%
	OSK	B	0.08%
	ONTO	D	0.08%
	WTFC	A	0.08%
	HQY	B	0.08%
	SEIC	B	0.08%
	WH	B	0.08%
	BPMC	C	0.07%
	BCPC	B	0.07%
	AGCO	D	0.07%
	WTS	B	0.07%
	KRG	B	0.07%
	KD	B	0.07%
	CADE	B	0.07%
	DBX	B	0.07%
	ONB	B	0.07%
	SPSC	C	0.07%
	CBT	C	0.07%
	RYAN	B	0.07%
	CWST	A	0.07%
	CFLT	B	0.07%
	ANF	C	0.07%
	COLD	D	0.07%
	NOVT	D	0.07%
	BFAM	D	0.07%
	MHK	D	0.07%
	MOG.A	B	0.07%
	GME	C	0.07%
	DAR	C	0.07%
	LFUS	F	0.07%
	LSCC	D	0.07%
	VFC	C	0.07%
	AGNC	D	0.07%
	FAF	A	0.07%
	MTH	D	0.07%
	JXN	C	0.07%
	WSC	D	0.07%
	EXLS	B	0.07%
	MSA	D	0.07%
	TREX	C	0.07%
	MTN	C	0.07%
	RHP	B	0.07%
	SMAR	A	0.07%
	BMI	B	0.07%
	HALO	F	0.07%
	ENPH	F	0.07%
	BIO	D	0.07%
	OLED	D	0.07%
	HOMB	A	0.06%
	IBP	D	0.06%
	INSP	D	0.06%
	ETSY	D	0.06%
	ESNT	D	0.06%
	ST	F	0.06%
	EXPO	D	0.06%
	QLYS	C	0.06%
	THG	A	0.06%
	LNC	B	0.06%
	JHG	A	0.06%
	ARW	D	0.06%
	SIGI	C	0.06%
	WHR	B	0.06%
	DY	D	0.06%
	COOP	B	0.06%
	VRNS	D	0.06%
	AL	B	0.06%
	RMBS	C	0.06%
	BEN	C	0.06%
	SEE	C	0.06%
	BECN	B	0.06%
	ITRI	B	0.06%
	SITE	D	0.06%
	BC	C	0.06%
	GATX	A	0.06%
	MAT	D	0.06%
	VNT	B	0.06%
	ALTR	B	0.06%
	FSS	B	0.06%
	MMSI	B	0.06%
	AWI	A	0.06%
	LYFT	C	0.06%
	AZEK	A	0.06%
	ELF	C	0.06%
	EPRT	B	0.06%
	KBH	D	0.06%
	DOCS	C	0.06%
	FOUR	B	0.06%
	BBWI	D	0.06%
	TRNO	F	0.06%
	BCO	D	0.05%
	RH	B	0.05%
	PSN	D	0.05%
	GAP	C	0.05%
	FELE	B	0.05%
	CELH	F	0.05%
	ABG	B	0.05%
	OZK	B	0.05%
	RDN	C	0.05%
	TENB	C	0.05%
	WMG	C	0.05%
	BCC	B	0.05%
	SWX	B	0.05%
	HCP	B	0.05%
	APPF	B	0.05%
	AMG	B	0.05%
	POR	C	0.05%
	TPG	A	0.05%
	ZWS	B	0.05%
	OLLI	D	0.05%
	IONS	F	0.05%
	MMS	F	0.05%
	PVH	C	0.05%
	TNET	D	0.04%
	ATKR	C	0.04%
	BBIO	F	0.04%
	CDP	C	0.04%
	LANC	C	0.04%
	SIG	B	0.04%
	NSIT	F	0.04%
	CHWY	B	0.04%
	OPCH	D	0.04%
	CHH	A	0.04%
	CWAN	B	0.04%
	OGN	D	0.04%
	EEFT	B	0.04%
	FIVE	F	0.04%
	PFSI	D	0.03%
	COLM	B	0.03%
	COTY	F	0.03%
	ALGM	D	0.03%
	CACC	D	0.03%
	AGR	B	0.03%
	BOKF	B	0.03%
	APLS	D	0.03%
	ZI	D	0.03%
	LEVI	F	0.02%

CVMC Underweight 107 Positions Relative to JPME

	Symbol	Grade	Weight
	VST	B	-0.71%
	DTM	B	-0.5%
	TRGP	B	-0.49%
	KMI	A	-0.48%
	WMB	A	-0.47%
	OKE	A	-0.45%
	IP	B	-0.45%
	ETR	B	-0.45%
	LNG	B	-0.44%
	TPL	A	-0.44%
	GRMN	B	-0.44%
	ATO	A	-0.42%
	PPC	C	-0.42%
	TAP	C	-0.42%
	CF	B	-0.41%
	MRO	B	-0.41%
	RPM	A	-0.41%
	SPG	B	-0.41%
	LDOS	C	-0.41%
	CACI	D	-0.4%
	OGE	B	-0.4%
	CAH	B	-0.4%
	AM	A	-0.4%
	THC	D	-0.4%
	LITE	B	-0.4%
	PR	B	-0.4%
	PCG	A	-0.39%
	PNW	B	-0.39%
	COR	B	-0.39%
	PPL	B	-0.39%
	VTRS	A	-0.38%
	AFL	B	-0.38%
	FANG	D	-0.38%
	SPB	C	-0.37%
	FYBR	D	-0.37%
	AJG	B	-0.37%
	VVV	F	-0.36%
	GLPI	C	-0.36%
	EIX	B	-0.36%
	TSN	B	-0.36%
	FE	C	-0.35%
	POST	C	-0.35%
	DINO	D	-0.35%
	BLDR	D	-0.34%
	CTRA	B	-0.33%
	EPR	D	-0.33%
	DHI	D	-0.33%
	UHS	D	-0.33%
	X	C	-0.33%
	VICI	C	-0.33%
	PK	B	-0.33%
	ROST	C	-0.31%
	RBC	A	-0.31%
	WLK	D	-0.31%
	LYB	F	-0.31%
	HIW	D	-0.3%
	GNTX	C	-0.3%
	AR	B	-0.3%
	CTVA	C	-0.3%
	NEU	C	-0.3%
	RGLD	C	-0.29%
	KRC	C	-0.29%
	RRC	B	-0.29%
	ADM	D	-0.29%
	SAM	C	-0.28%
	CLF	F	-0.28%
	OLN	D	-0.28%
	DVN	F	-0.27%
	OVV	B	-0.27%
	BYD	C	-0.27%
	AMH	D	-0.26%
	SMG	D	-0.25%
	UI	A	-0.25%
	QGEN	D	-0.25%
	L	A	-0.25%
	HAL	C	-0.25%
	IRDM	D	-0.24%
	AGO	B	-0.24%
	MGM	D	-0.23%
	EGP	F	-0.23%
	HUN	F	-0.22%
	EXP	A	-0.21%
	MCHP	D	-0.21%
	FNF	B	-0.18%
	REYN	D	-0.18%
	ACHC	F	-0.17%
	CUZ	B	-0.15%
	APA	D	-0.14%
	PINC	B	-0.14%
	RYN	D	-0.14%
	WEN	D	-0.13%
	TXT	D	-0.13%
	CXT	B	-0.1%
	NSA	D	-0.09%
	TNL	A	-0.07%
	CNXC	F	-0.06%
	GO	C	-0.06%
	NVST	B	-0.05%
	CR	A	-0.05%
	WU	D	-0.04%
	CRI	D	-0.04%
	VIRT	B	-0.04%
	ADTN	A	-0.03%
	FTRE	D	-0.03%
	KSS	F	-0.01%
	CC	C	-0.0%
	CNA	B	-0.0%

CVMC: Top Represented Industries & Keywords

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

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

JPME: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Banks - Regional - US Oil & Gas E&P Biotechnology Diagnostics & Research Diversified Industrials Specialty Chemicals Medical Instruments & Supplies REIT - Retail Software - Application Communication Equipment Information Technology Services Medical Care Oil & Gas Midstream Packaging & Containers REIT - Diversified REIT - Industrial REIT - Residential Semiconductors

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Electricity Insurance Electronics Nasdaq 100 Bank Computing Aerospace Chemical Banking Insurance Products Disability Mining Plastic Semiconductor Biotechnology Food Products Real Estate Market