FAB vs. JHMM ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to John Hancock Multifactor Mid Cap ETF (JHMM)

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$88.95

Average Daily Volume

2,527

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

JHMM

John Hancock Multifactor Mid Cap ETF

JHMM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid Cap Index. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities that compose the fund&#39;s benchmark index. The index is designed to comprise a subset of securities in the U.S. Universe issued by companies whose market capitalizations are between the 200th and 951st largest U.S. Company at the time of reconstitution.

Grade (RS Rating)

Last Trade

$64.05

Average Daily Volume

181,985

Number of Holdings ^*

639

* may have additional holdings in another (foreign) market

Performance

Period	FAB	JHMM
30 Days	6.40%	6.45%
60 Days	5.80%	7.02%
90 Days	6.32%	9.13%
12 Months	27.56%	33.74%

216 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in JHMM	Overlap
ADTN	A	0.18%	0.06%	0.06%
AEE	A	0.36%	0.23%	0.23%
AFG	A	0.05%	0.18%	0.05%
AGCO	D	0.08%	0.13%	0.08%
AIZ	A	0.09%	0.19%	0.09%
AKAM	D	0.22%	0.2%	0.2%
ALLY	C	0.36%	0.24%	0.24%
AMKR	D	0.15%	0.07%	0.07%
AN	C	0.12%	0.16%	0.12%
APA	D	0.2%	0.09%	0.09%
AR	B	0.09%	0.12%	0.09%
ARE	D	0.16%	0.11%	0.11%
ARW	D	0.15%	0.15%	0.15%
ATO	A	0.36%	0.19%	0.19%
AWK	D	0.08%	0.18%	0.08%
AXS	A	0.14%	0.04%	0.04%
BBWI	D	0.17%	0.08%	0.08%
BBY	D	0.23%	0.25%	0.23%
BECN	B	0.1%	0.02%	0.02%
BEN	C	0.18%	0.08%	0.08%
BERY	B	0.14%	0.18%	0.14%
BG	F	0.4%	0.19%	0.19%
BJ	A	0.05%	0.19%	0.05%
BKR	B	0.3%	0.29%	0.29%
BLDR	D	0.24%	0.34%	0.24%
BOKF	B	0.09%	0.05%	0.05%
BPOP	B	0.04%	0.11%	0.04%
BWA	D	0.2%	0.15%	0.15%
CAG	D	0.07%	0.12%	0.07%
CE	F	0.24%	0.1%	0.1%
CF	B	0.35%	0.17%	0.17%
CFG	B	0.4%	0.23%	0.23%
CHRD	D	0.22%	0.08%	0.08%
CINF	A	0.48%	0.21%	0.21%
CIVI	D	0.22%	0.07%	0.07%
CLF	F	0.15%	0.12%	0.12%
CLX	B	0.09%	0.18%	0.09%
CMA	A	0.1%	0.17%	0.1%
CMC	B	0.23%	0.12%	0.12%
CMI	A	0.1%	0.18%	0.1%
CMS	C	0.17%	0.19%	0.17%
CNP	B	0.36%	0.25%	0.25%
CPB	D	0.08%	0.13%	0.08%
CRBG	B	0.37%	0.08%	0.08%
CRL	C	0.09%	0.18%	0.09%
CTRA	B	0.46%	0.2%	0.2%
DAL	C	0.56%	0.14%	0.14%
DAR	C	0.19%	0.11%	0.11%
DD	D	0.08%	0.12%	0.08%
DDS	B	0.19%	0.03%	0.03%
DGX	A	0.26%	0.3%	0.26%
DINO	D	0.21%	0.1%	0.1%
DOC	D	0.16%	0.1%	0.1%
DRI	B	0.18%	0.23%	0.18%
DTE	C	0.24%	0.21%	0.21%
EBAY	D	0.24%	0.31%	0.24%
EG	C	0.41%	0.16%	0.16%
EIX	B	0.16%	0.35%	0.16%
EMN	D	0.12%	0.19%	0.12%
EPAM	C	0.05%	0.14%	0.05%
EQR	B	0.25%	0.15%	0.15%
EQT	B	0.41%	0.17%	0.17%
ESNT	D	0.19%	0.08%	0.08%
ETR	B	0.39%	0.39%	0.39%
EVRG	A	0.17%	0.25%	0.17%
EXPD	D	0.08%	0.22%	0.08%
FAF	A	0.04%	0.12%	0.04%
FANG	D	0.37%	0.34%	0.34%
FBIN	D	0.04%	0.18%	0.04%
FE	C	0.16%	0.2%	0.16%
FHN	A	0.17%	0.13%	0.13%
FITB	A	0.28%	0.36%	0.28%
FLR	B	0.05%	0.08%	0.05%
FMC	D	0.18%	0.08%	0.08%
FNF	B	0.17%	0.18%	0.17%
FOXA	B	0.49%	0.19%	0.19%
FTV	C	0.08%	0.2%	0.08%
G	B	0.2%	0.13%	0.13%
GL	B	0.13%	0.17%	0.13%
GPC	D	0.15%	0.19%	0.15%
GXO	B	0.05%	0.11%	0.05%
HAL	C	0.45%	0.18%	0.18%
HBAN	A	0.42%	0.26%	0.26%
HIG	B	0.35%	0.43%	0.35%
HII	D	0.1%	0.12%	0.1%
HOLX	D	0.08%	0.25%	0.08%
HPE	B	0.46%	0.32%	0.32%
HPQ	B	0.18%	0.1%	0.1%
HRL	D	0.24%	0.06%	0.06%
HSIC	B	0.04%	0.17%	0.04%
HST	C	0.17%	0.12%	0.12%
IEX	B	0.09%	0.17%	0.09%
INGR	B	0.14%	0.19%	0.14%
IP	B	0.3%	0.26%	0.26%
IPG	D	0.08%	0.21%	0.08%
IVZ	B	0.04%	0.12%	0.04%
J	F	0.09%	0.12%	0.09%
JAZZ	B	0.19%	0.14%	0.14%
JBHT	C	0.19%	0.18%	0.18%
JBL	B	0.14%	0.24%	0.14%
JEF	A	0.05%	0.22%	0.05%
JXN	C	0.24%	0.09%	0.09%
KEY	B	0.2%	0.19%	0.19%
KEYS	A	0.08%	0.31%	0.08%
KIM	A	0.19%	0.15%	0.15%
KNX	B	0.09%	0.15%	0.09%
KR	B	0.36%	0.26%	0.26%
L	A	0.37%	0.19%	0.19%
LAD	A	0.2%	0.19%	0.19%
LBRDK	C	0.2%	0.12%	0.12%
LEA	D	0.19%	0.11%	0.11%
LFUS	F	0.04%	0.12%	0.04%
LH	C	0.09%	0.31%	0.09%
LKQ	D	0.13%	0.15%	0.13%
LNG	B	0.41%	0.35%	0.35%
LNT	A	0.25%	0.19%	0.19%
LPX	B	0.09%	0.07%	0.07%
LSTR	D	0.04%	0.11%	0.04%
LUV	C	0.28%	0.04%	0.04%
LYB	F	0.38%	0.17%	0.17%
MAA	B	0.08%	0.11%	0.08%
MAS	D	0.08%	0.17%	0.08%
MAT	D	0.04%	0.11%	0.04%
MIDD	C	0.08%	0.12%	0.08%
MLI	C	0.1%	0.1%	0.1%
MOH	F	0.16%	0.22%	0.16%
MOS	F	0.17%	0.12%	0.12%
MTB	A	0.31%	0.36%	0.31%
MTDR	B	0.26%	0.1%	0.1%
MTG	C	0.21%	0.05%	0.05%
MUR	D	0.21%	0.08%	0.08%
MUSA	A	0.05%	0.14%	0.05%
NDSN	B	0.08%	0.17%	0.08%
NI	A	0.27%	0.28%	0.27%
NOV	C	0.22%	0.08%	0.08%
NVR	D	0.17%	0.36%	0.17%
NWSA	B	0.19%	0.16%	0.16%
NXST	C	0.13%	0.14%	0.13%
OC	A	0.39%	0.39%	0.39%
OGE	B	0.13%	0.15%	0.13%
OMC	C	0.09%	0.26%	0.09%
OMF	A	0.15%	0.05%	0.05%
ORI	A	0.09%	0.17%	0.09%
OSK	B	0.24%	0.14%	0.14%
OVV	B	0.25%	0.18%	0.18%
PAG	B	0.13%	0.07%	0.07%
PB	A	0.1%	0.1%	0.1%
PFG	D	0.09%	0.25%	0.09%
PFGC	B	0.05%	0.21%	0.05%
PHM	D	0.39%	0.4%	0.39%
PKG	A	0.19%	0.23%	0.19%
PNFP	B	0.05%	0.13%	0.05%
PNW	B	0.18%	0.2%	0.18%
POST	C	0.12%	0.12%	0.12%
PPG	F	0.16%	0.12%	0.12%
PPL	B	0.26%	0.2%	0.2%
PVH	C	0.22%	0.07%	0.07%
R	B	0.2%	0.08%	0.08%
REYN	D	0.08%	0.02%	0.02%
RF	A	0.29%	0.29%	0.29%
RGA	A	0.18%	0.24%	0.18%
RHI	B	0.05%	0.15%	0.05%
RJF	A	0.23%	0.32%	0.23%
RNR	C	0.2%	0.22%	0.2%
RRC	B	0.19%	0.12%	0.12%
RS	B	0.47%	0.24%	0.24%
SEIC	B	0.1%	0.16%	0.1%
SJM	D	0.12%	0.14%	0.12%
SKX	D	0.08%	0.13%	0.08%
SNA	A	0.32%	0.27%	0.27%
SNX	C	0.12%	0.09%	0.09%
SOLV	C	0.17%	0.08%	0.08%
SON	D	0.12%	0.11%	0.11%
SSB	B	0.05%	0.1%	0.05%
SSNC	B	0.17%	0.21%	0.17%
STLD	B	0.48%	0.31%	0.31%
STT	A	0.27%	0.28%	0.27%
STX	D	0.23%	0.18%	0.18%
SUM	B	0.16%	0.05%	0.05%
SWKS	F	0.3%	0.18%	0.18%
SYF	B	0.57%	0.43%	0.43%
TAP	C	0.23%	0.15%	0.15%
TDY	B	0.28%	0.23%	0.23%
THO	B	0.13%	0.06%	0.06%
TKR	D	0.08%	0.08%	0.08%
TMHC	B	0.22%	0.1%	0.1%
TOL	B	0.43%	0.31%	0.31%
TPR	B	0.05%	0.26%	0.05%
TROW	B	0.48%	0.21%	0.21%
TSN	B	0.19%	0.16%	0.16%
TTC	D	0.04%	0.13%	0.04%
TXT	D	0.25%	0.18%	0.18%
UAL	A	0.7%	0.15%	0.15%
UFPI	B	0.09%	0.13%	0.09%
UHAL	D	0.07%	0.11%	0.07%
UHAL	D	0.07%	0.01%	0.01%
UHS	D	0.15%	0.22%	0.15%
ULTA	F	0.25%	0.21%	0.21%
UNM	A	0.21%	0.21%	0.21%
VOYA	B	0.04%	0.13%	0.04%
VTRS	A	0.38%	0.26%	0.26%
WAL	B	0.05%	0.18%	0.05%
WBS	A	0.17%	0.16%	0.16%
WCC	B	0.16%	0.21%	0.16%
WEC	A	0.17%	0.23%	0.17%
WHR	B	0.14%	0.11%	0.11%
WLK	D	0.15%	0.06%	0.06%
WPC	D	0.08%	0.1%	0.08%
WRB	A	0.09%	0.19%	0.09%
WTFC	A	0.1%	0.13%	0.1%
WTRG	B	0.09%	0.11%	0.09%
WTS	B	0.04%	0.07%	0.04%
WY	D	0.08%	0.16%	0.08%
ZBH	C	0.35%	0.25%	0.25%
ZION	B	0.16%	0.17%	0.16%
ZM	B	0.21%	0.17%	0.17%

FAB Overweight 450 Positions Relative to JHMM

Symbol	Grade	Weight
GM	B	0.56%
PCAR	B	0.51%
CVX	A	0.48%
EOG	A	0.48%
COP	C	0.47%
F	C	0.46%
XOM	B	0.45%
WFC	A	0.45%
AIG	B	0.45%
VLO	C	0.45%
CMCSA	B	0.45%
DVN	F	0.44%
T	A	0.44%
NUE	C	0.43%
COF	B	0.43%
OXY	D	0.43%
PSX	C	0.43%
KMI	A	0.42%
MPC	D	0.42%
LEN	D	0.4%
SRE	A	0.38%
C	A	0.38%
CVS	D	0.38%
ADM	D	0.38%
CTSH	B	0.37%
XEL	A	0.37%
INTC	D	0.37%
FDX	B	0.37%
SLB	C	0.36%
CB	C	0.35%
APTV	D	0.33%
EXC	C	0.33%
VZ	C	0.32%
DG	F	0.32%
ED	D	0.32%
ON	D	0.32%
MS	A	0.32%
CHTR	C	0.31%
BAC	A	0.3%
DHI	D	0.3%
TRV	B	0.28%
USB	A	0.28%
CNC	D	0.27%
AGO	B	0.25%
D	C	0.25%
NOG	A	0.25%
AFL	B	0.25%
TGT	F	0.25%
CNX	A	0.25%
SM	B	0.24%
HP	B	0.24%
DE	A	0.24%
DUK	C	0.24%
SYY	B	0.24%
AMG	B	0.23%
KHC	F	0.23%
ATKR	C	0.23%
PTEN	C	0.23%
AL	B	0.23%
AEP	D	0.23%
AMR	C	0.22%
PBF	D	0.22%
BIIB	F	0.22%
NFE	D	0.22%
URBN	C	0.22%
HCC	B	0.22%
CADE	B	0.21%
OKE	A	0.21%
DOW	F	0.21%
CXW	B	0.21%
RDN	C	0.21%
TEX	D	0.21%
LBRT	D	0.2%
PNC	B	0.2%
DIS	B	0.2%
RIOT	C	0.2%
MATX	C	0.2%
RUSHA	C	0.2%
UGI	A	0.2%
TPH	D	0.2%
CSCO	B	0.19%
MTH	D	0.19%
LNC	B	0.19%
OZK	B	0.19%
CNO	A	0.19%
MGY	A	0.19%
MHO	D	0.19%
KRC	C	0.18%
OTTR	C	0.18%
GBDC	C	0.18%
HRI	B	0.18%
BKH	A	0.18%
DXC	B	0.18%
CSX	B	0.18%
COOP	B	0.18%
PRU	A	0.18%
ASO	F	0.18%
AAP	C	0.18%
HOG	D	0.18%
GPI	A	0.18%
POR	C	0.17%
CNXC	F	0.17%
AVT	C	0.17%
SR	A	0.17%
M	D	0.17%
BCC	B	0.17%
NFG	A	0.17%
KDP	D	0.16%
HUM	C	0.16%
MDU	D	0.16%
KBH	D	0.16%
BMBL	C	0.16%
GBX	A	0.16%
CARR	D	0.16%
HSY	F	0.16%
SIG	B	0.16%
JNJ	D	0.16%
BYD	C	0.15%
SANM	B	0.15%
CTOS	C	0.15%
ECVT	C	0.15%
CUBI	C	0.15%
BFH	B	0.15%
JBT	B	0.15%
FNB	A	0.15%
ALK	C	0.15%
GIS	D	0.15%
COLB	A	0.15%
HTZ	C	0.15%
RIG	D	0.14%
ELV	F	0.14%
KMT	B	0.14%
EIG	B	0.14%
TALO	C	0.14%
DNOW	B	0.14%
ULH	B	0.14%
PINC	B	0.14%
ABG	B	0.14%
GMS	B	0.14%
TGNA	B	0.14%
VTLE	C	0.14%
VLY	B	0.14%
CABO	C	0.14%
REZI	A	0.13%
GIII	D	0.13%
VAC	B	0.13%
WS	B	0.13%
BTU	B	0.13%
KOS	F	0.13%
CRGY	B	0.13%
SPNT	A	0.13%
IART	C	0.13%
OGS	A	0.13%
PK	B	0.13%
APLE	B	0.13%
RLJ	C	0.13%
TDS	B	0.13%
GT	C	0.13%
GPOR	B	0.13%
HELE	C	0.13%
SWX	B	0.13%
GEF	A	0.13%
RES	D	0.12%
ASH	D	0.12%
BY	B	0.12%
ZD	C	0.12%
PEBO	A	0.12%
PRDO	B	0.12%
AVA	A	0.12%
TRMK	B	0.12%
EPC	D	0.12%
VC	D	0.12%
INDB	B	0.12%
IMKTA	C	0.12%
SHO	C	0.12%
ENS	D	0.12%
PARR	D	0.12%
PLAB	C	0.12%
INVA	D	0.12%
BC	C	0.12%
UVV	B	0.12%
AEO	F	0.11%
VSH	D	0.11%
MRC	B	0.11%
CCS	D	0.11%
WMK	C	0.11%
SEB	F	0.11%
KSS	F	0.11%
SAH	A	0.11%
DBRG	F	0.11%
WKC	D	0.11%
USM	B	0.11%
PHIN	A	0.11%
EBC	B	0.11%
OLN	D	0.11%
GHC	C	0.11%
FOR	F	0.11%
CAL	D	0.11%
WU	D	0.11%
FFBC	A	0.11%
NWE	B	0.1%
ODFL	B	0.1%
CRC	B	0.1%
ABCB	B	0.1%
ABR	C	0.1%
OEC	C	0.1%
MLKN	D	0.1%
NAVI	C	0.1%
IDA	A	0.1%
PRG	C	0.1%
UBSI	B	0.1%
EQC	B	0.1%
NWN	A	0.1%
VNT	B	0.1%
LZB	B	0.1%
BV	B	0.1%
CENTA	C	0.1%
HWC	B	0.1%
LADR	B	0.1%
SBH	C	0.1%
GEO	B	0.1%
CVI	F	0.1%
HGV	B	0.1%
SCSC	B	0.1%
VSCO	B	0.1%
HOV	D	0.1%
DRH	B	0.1%
CMCO	B	0.1%
OGN	D	0.1%
PII	D	0.1%
AMWD	C	0.1%
GES	F	0.1%
HD	A	0.09%
FRME	B	0.09%
TNET	D	0.09%
MSM	C	0.09%
FIVE	F	0.09%
PFBC	B	0.09%
SBUX	A	0.09%
ACN	C	0.09%
ALKS	B	0.09%
KFY	B	0.09%
COLM	B	0.09%
WSBC	A	0.09%
CATY	B	0.09%
CRK	B	0.09%
JWN	C	0.09%
SLGN	A	0.09%
SASR	B	0.09%
CASH	A	0.09%
LHX	C	0.09%
BNL	D	0.09%
PDCO	D	0.09%
PLYA	B	0.09%
ADNT	F	0.09%
CUZ	B	0.09%
PNM	F	0.09%
BANR	B	0.09%
APD	A	0.09%
SLM	A	0.09%
CVBF	A	0.09%
ANDE	D	0.09%
PYPL	B	0.09%
ACA	A	0.09%
VSTS	C	0.09%
HIW	D	0.09%
BUSE	B	0.08%
ARCB	C	0.08%
MDLZ	F	0.08%
MODG	F	0.08%
WERN	C	0.08%
WGO	C	0.08%
MCRI	A	0.08%
PTVE	B	0.08%
LMT	D	0.08%
SNDR	B	0.08%
ALG	B	0.08%
DAN	D	0.08%
HOPE	B	0.08%
FIBK	A	0.08%
CI	F	0.08%
FCF	A	0.08%
SRCE	B	0.08%
HUBG	A	0.08%
NX	C	0.08%
XRX	F	0.08%
LAUR	A	0.08%
BKE	B	0.08%
MDT	D	0.08%
BKU	A	0.08%
TCBK	B	0.08%
VBTX	B	0.08%
KALU	C	0.08%
GD	F	0.08%
WSFS	A	0.08%
PEP	F	0.08%
HY	D	0.08%
RNST	B	0.08%
UPS	C	0.08%
CTVA	C	0.08%
SFNC	B	0.08%
EFSC	B	0.08%
VRTS	B	0.08%
FULT	A	0.08%
ASGN	F	0.08%
LOW	D	0.08%
TTMI	B	0.07%
LC	A	0.07%
LILAK	D	0.07%
SJW	D	0.07%
PEB	D	0.07%
MRTN	C	0.07%
SPB	C	0.07%
UNF	B	0.07%
NKE	D	0.07%
KLG	C	0.07%
IPGP	D	0.07%
DIOD	D	0.07%
XHR	B	0.07%
MMS	F	0.07%
SBCF	A	0.06%
GOGO	C	0.06%
FBNC	A	0.06%
CSGS	B	0.06%
AMN	F	0.06%
FHI	A	0.06%
PBH	A	0.06%
OMI	F	0.06%
KAR	B	0.06%
DFH	D	0.06%
NIC	B	0.06%
SNEX	B	0.06%
HMN	B	0.06%
FHB	A	0.06%
CRI	D	0.06%
CAR	C	0.06%
GRBK	D	0.06%
ASB	B	0.06%
SCVL	F	0.06%
VSAT	F	0.06%
SSTK	F	0.06%
LGIH	D	0.06%
ROG	D	0.05%
PATK	D	0.05%
ALIT	C	0.05%
DFIN	D	0.05%
SEM	B	0.05%
DEA	D	0.05%
DNB	B	0.05%
SHEN	F	0.05%
THRM	D	0.05%
YETI	C	0.05%
LCII	C	0.05%
PSMT	C	0.05%
UCB	A	0.05%
SYNA	C	0.05%
AUB	B	0.05%
OFG	B	0.05%
SCL	C	0.05%
CXT	B	0.05%
ARI	C	0.05%
ALEX	C	0.05%
LNN	B	0.05%
KWR	C	0.05%
HTH	B	0.05%
STBA	B	0.05%
UMBF	B	0.05%
DK	C	0.05%
ROCK	C	0.05%
GO	C	0.05%
ABM	B	0.05%
ENOV	C	0.05%
MTX	B	0.05%
WAFD	B	0.05%
TOWN	B	0.05%
HLF	C	0.05%
IOSP	B	0.05%
BHE	B	0.05%
NWBI	B	0.05%
UPWK	B	0.04%
MYRG	B	0.04%
NSP	D	0.04%
IAC	D	0.04%
FOXF	F	0.04%
AVNS	F	0.04%
RYN	D	0.04%
CZR	F	0.04%
WD	D	0.04%
FUL	F	0.04%
MGM	D	0.04%
STWD	C	0.04%
SEE	C	0.04%
ODP	F	0.04%
NJR	A	0.04%
AVNT	B	0.04%
FELE	B	0.04%
SKY	A	0.04%
PRGO	B	0.04%
AIR	B	0.03%
HAYW	B	0.03%
SAFT	C	0.03%
MTRN	C	0.03%
XPEL	C	0.03%
DEI	B	0.03%
HLIO	B	0.03%
GNW	A	0.03%
IVT	B	0.03%
CVCO	A	0.03%
PPBI	B	0.03%
ROIC	A	0.03%
SAM	C	0.03%
NBTB	B	0.03%
FDP	B	0.03%
BHF	B	0.03%
BHLB	B	0.03%
PFS	B	0.03%
CBU	B	0.03%
FBK	B	0.03%
MCW	B	0.03%
MGPI	F	0.03%
TCBI	B	0.03%
OPCH	D	0.03%
OLPX	D	0.02%
BLMN	F	0.02%
PLUS	F	0.02%
GIC	D	0.02%
GPRE	F	0.02%
JBGS	D	0.02%
OXM	D	0.02%
CWEN	C	0.02%
SHOO	D	0.02%
AIN	C	0.02%
MSGE	F	0.02%
LXP	D	0.02%
RC	D	0.02%
CMTG	F	0.02%
SHLS	F	0.02%
CNXN	C	0.02%
CC	C	0.02%
NVEE	F	0.02%
KFRC	D	0.02%
NNI	D	0.02%
STC	B	0.02%
NMRK	B	0.02%
CNMD	C	0.02%
OI	C	0.02%
MSEX	B	0.02%
UPBD	B	0.02%
EVTC	B	0.02%
PGRE	F	0.02%

FAB Underweight 423 Positions Relative to JHMM

Symbol	Grade	Weight
URI	B	-0.66%
AMP	A	-0.57%
VST	B	-0.54%
FICO	B	-0.48%
TRGP	B	-0.46%
AME	A	-0.44%
FAST	B	-0.43%
HWM	A	-0.43%
FLEX	A	-0.42%
PWR	A	-0.42%
IT	C	-0.4%
RCL	A	-0.37%
CBRE	B	-0.37%
WAB	B	-0.36%
TSCO	D	-0.35%
DOV	A	-0.35%
VRSK	A	-0.35%
APP	B	-0.35%
COR	B	-0.33%
TPL	A	-0.33%
ACGL	D	-0.33%
FCNCA	A	-0.33%
VRT	B	-0.32%
ROK	B	-0.32%
WTW	B	-0.32%
RMD	C	-0.32%
DECK	A	-0.31%
ANSS	B	-0.31%
EQH	B	-0.31%
IR	B	-0.31%
GLW	B	-0.31%
DFS	B	-0.31%
TTWO	A	-0.31%
UTHR	C	-0.3%
HUBB	B	-0.3%
EME	C	-0.3%
LPLA	A	-0.29%
NDAQ	A	-0.29%
SCI	B	-0.29%
NTAP	C	-0.29%
MLM	B	-0.29%
IRM	D	-0.29%
BR	A	-0.29%
GRMN	B	-0.29%
EXR	D	-0.28%
CAH	B	-0.28%
USFD	A	-0.27%
CDW	F	-0.27%
AXON	A	-0.27%
FFIV	B	-0.27%
ZBRA	B	-0.27%
CSL	C	-0.27%
MPWR	F	-0.26%
GDDY	A	-0.26%
CASY	A	-0.26%
EFX	F	-0.26%
FSLR	F	-0.26%
CPAY	A	-0.26%
TYL	B	-0.26%
EWBC	A	-0.26%
MTD	D	-0.25%
PCG	A	-0.25%
WSM	B	-0.25%
TRMB	B	-0.25%
WDC	D	-0.25%
PNR	A	-0.25%
VMC	B	-0.25%
PTC	A	-0.24%
GEN	B	-0.24%
BAH	F	-0.24%
WST	C	-0.24%
COHR	B	-0.24%
LII	A	-0.24%
JNPR	F	-0.23%
THC	D	-0.23%
STE	F	-0.23%
BRO	B	-0.23%
MKL	A	-0.22%
ACM	A	-0.22%
FDS	B	-0.22%
MRO	B	-0.22%
TER	D	-0.22%
CHD	B	-0.22%
NRG	B	-0.22%
GWRE	A	-0.22%
JLL	D	-0.22%
HUBS	A	-0.22%
LDOS	C	-0.22%
XYL	D	-0.22%
XPO	B	-0.21%
IBKR	A	-0.21%
CLH	B	-0.21%
MANH	D	-0.21%
CIEN	B	-0.21%
WAT	B	-0.21%
BURL	A	-0.21%
DOX	D	-0.21%
ALLE	D	-0.2%
GGG	B	-0.2%
ALNY	D	-0.2%
EXPE	B	-0.2%
EHC	B	-0.2%
ITT	A	-0.2%
NTRS	A	-0.2%
SF	B	-0.2%
PODD	C	-0.19%
EXEL	B	-0.19%
AVY	D	-0.19%
TWLO	A	-0.19%
RPM	A	-0.19%
BLD	D	-0.19%
HOOD	B	-0.18%
ARES	A	-0.18%
CACI	D	-0.18%
RVTY	F	-0.18%
ATR	B	-0.18%
TXRH	C	-0.18%
DOCU	A	-0.18%
CHRW	C	-0.18%
SAIA	B	-0.18%
BALL	D	-0.18%
K	A	-0.18%
CVNA	B	-0.17%
CCL	B	-0.17%
AYI	B	-0.17%
CCK	C	-0.17%
NCLH	B	-0.17%
JKHY	D	-0.17%
WSO	A	-0.17%
ES	D	-0.17%
ARMK	B	-0.17%
KMX	B	-0.17%
VICI	C	-0.17%
DKS	C	-0.17%
ENTG	D	-0.17%
ALSN	B	-0.17%
FIX	A	-0.17%
CW	B	-0.17%
NVT	B	-0.17%
RRX	B	-0.16%
DAY	B	-0.16%
SWK	D	-0.16%
VTR	C	-0.16%
ALV	C	-0.16%
DLTR	F	-0.16%
PRI	A	-0.16%
PSTG	D	-0.16%
NBIX	C	-0.16%
DCI	B	-0.16%
POOL	C	-0.16%
LECO	B	-0.16%
AMCR	D	-0.15%
FYBR	D	-0.15%
DVA	B	-0.15%
X	C	-0.15%
GNRC	B	-0.15%
WWD	B	-0.15%
AIT	A	-0.15%
TRU	D	-0.15%
CBOE	B	-0.15%
TECH	D	-0.15%
GLOB	B	-0.15%
DPZ	C	-0.15%
IFF	D	-0.15%
AVTR	F	-0.15%
SFM	A	-0.15%
AVB	B	-0.15%
VLTO	D	-0.14%
WH	B	-0.14%
CBSH	A	-0.14%
FND	C	-0.14%
KNSL	B	-0.14%
GMED	A	-0.14%
RL	B	-0.14%
AOS	F	-0.14%
BWXT	B	-0.14%
CTLT	B	-0.14%
GPN	B	-0.14%
LW	C	-0.14%
AXTA	A	-0.14%
UDR	B	-0.14%
VRSN	F	-0.14%
MKC	D	-0.14%
MKSI	C	-0.14%
HAS	D	-0.14%
GPK	C	-0.14%
MKTX	D	-0.13%
OLED	D	-0.13%
LAMR	D	-0.13%
SW	A	-0.13%
EXP	A	-0.13%
CPT	B	-0.13%
GLPI	C	-0.13%
CHDN	B	-0.13%
NTRA	B	-0.13%
LYV	A	-0.13%
NYT	C	-0.13%
INCY	C	-0.13%
TFX	F	-0.13%
Z	A	-0.13%
REG	B	-0.13%
TTEK	F	-0.13%
WMS	D	-0.13%
CHE	D	-0.13%
BMRN	D	-0.12%
WEX	D	-0.12%
ENSG	D	-0.12%
LNW	D	-0.12%
TPX	B	-0.12%
ST	F	-0.12%
SAIC	F	-0.12%
MORN	B	-0.12%
ESS	B	-0.12%
AMH	D	-0.12%
TOST	B	-0.12%
QRVO	F	-0.12%
CFR	B	-0.12%
ELS	C	-0.12%
MTZ	B	-0.12%
HLI	B	-0.12%
GNTX	C	-0.12%
INVH	D	-0.12%
AES	F	-0.12%
ELAN	D	-0.11%
DBX	B	-0.11%
MTN	C	-0.11%
MEDP	D	-0.11%
CR	A	-0.11%
HEI	B	-0.11%
TREX	C	-0.11%
PCTY	B	-0.11%
FTI	A	-0.11%
WSC	D	-0.11%
SOFI	A	-0.11%
DT	C	-0.11%
HRB	D	-0.11%
CUBE	D	-0.11%
BIO	D	-0.11%
CG	A	-0.11%
SBAC	D	-0.11%
APG	B	-0.11%
KBR	F	-0.11%
BAX	D	-0.11%
MASI	A	-0.11%
ROL	B	-0.11%
MHK	D	-0.11%
NET	B	-0.11%
BXP	D	-0.11%
ERIE	D	-0.11%
RGLD	C	-0.11%
EVR	B	-0.11%
PAYC	B	-0.11%
NTNX	A	-0.1%
RLI	B	-0.1%
WYNN	D	-0.1%
BRKR	D	-0.1%
ONTO	D	-0.1%
PINS	D	-0.1%
CROX	D	-0.1%
OHI	C	-0.1%
CGNX	C	-0.1%
RBLX	C	-0.1%
DTM	B	-0.1%
SSD	D	-0.1%
HQY	B	-0.1%
PR	B	-0.1%
ALGN	D	-0.1%
CNM	D	-0.1%
MDB	C	-0.09%
WBD	C	-0.09%
LSCC	D	-0.09%
PLNT	A	-0.09%
DUOL	A	-0.09%
COKE	C	-0.09%
BRX	A	-0.09%
HEI	B	-0.09%
ZS	C	-0.09%
ROKU	D	-0.09%
TW	A	-0.09%
AFRM	B	-0.09%
ANF	C	-0.09%
BRBR	A	-0.09%
REXR	F	-0.09%
ESAB	B	-0.09%
FOX	A	-0.09%
BILL	A	-0.09%
HALO	F	-0.09%
CNH	C	-0.09%
VEEV	C	-0.09%
SUI	D	-0.09%
EXAS	D	-0.09%
DKNG	B	-0.09%
ACI	C	-0.09%
FN	D	-0.09%
RBC	A	-0.09%
FRT	B	-0.09%
AAON	B	-0.09%
RGEN	D	-0.09%
FCN	D	-0.09%
H	B	-0.08%
NNN	D	-0.08%
MTCH	D	-0.08%
WING	D	-0.08%
ICLR	D	-0.08%
SPSC	C	-0.08%
OKTA	C	-0.08%
PEN	B	-0.08%
EGP	F	-0.08%
SITE	D	-0.08%
ALB	C	-0.08%
SRPT	D	-0.08%
NSIT	F	-0.08%
NOVT	D	-0.08%
FLS	B	-0.08%
DLB	B	-0.08%
BSY	D	-0.08%
MTSI	B	-0.08%
MSA	D	-0.08%
ACHC	F	-0.07%
STAG	F	-0.07%
NWS	B	-0.07%
ADC	B	-0.07%
ENPH	F	-0.07%
PCVX	D	-0.07%
ILMN	D	-0.07%
FR	C	-0.07%
GAP	C	-0.07%
ATI	D	-0.07%
HLNE	B	-0.07%
RPRX	D	-0.07%
WFRD	D	-0.07%
EDR	A	-0.06%
CHX	C	-0.06%
SIGI	C	-0.06%
BFAM	D	-0.06%
ESTC	C	-0.06%
COLD	D	-0.06%
FOUR	B	-0.06%
EXLS	B	-0.06%
ITCI	C	-0.06%
CHH	A	-0.06%
TKO	B	-0.06%
ELF	C	-0.06%
SMAR	A	-0.06%
S	B	-0.06%
SMCI	F	-0.05%
PSN	D	-0.05%
AM	A	-0.05%
RVMD	C	-0.05%
PARA	C	-0.05%
RHP	B	-0.05%
CVLT	B	-0.05%
TRNO	F	-0.05%
AZEK	A	-0.05%
IBP	D	-0.05%
ESI	A	-0.05%
APPF	B	-0.05%
SNAP	C	-0.05%
VFC	C	-0.05%
CRUS	D	-0.05%
BMI	B	-0.05%
GTLB	B	-0.05%
SN	D	-0.05%
PCOR	B	-0.05%
ETSY	D	-0.05%
ALTR	B	-0.05%
ONB	B	-0.05%
GME	C	-0.05%
AA	B	-0.05%
VNO	B	-0.04%
ENLC	A	-0.04%
CSGP	D	-0.04%
ZWS	B	-0.04%
CYTK	F	-0.04%
HCP	B	-0.04%
PPC	C	-0.04%
CFLT	B	-0.04%
SNV	B	-0.04%
DOCS	C	-0.04%
CACC	D	-0.04%
U	C	-0.04%
IOT	A	-0.04%
COTY	F	-0.04%
PATH	C	-0.04%
CRS	A	-0.04%
MOG.A	B	-0.04%
MOD	A	-0.04%
LNTH	D	-0.04%
INSM	C	-0.04%
AAL	B	-0.03%
CELH	F	-0.03%
NEU	C	-0.03%
AUR	C	-0.03%
GKOS	B	-0.03%
PEGA	A	-0.03%
FRPT	B	-0.03%
CWST	A	-0.03%
BPMC	C	-0.03%
WMG	C	-0.03%
IONS	F	-0.03%
RCM	F	-0.03%
VKTX	F	-0.03%
ROIV	C	-0.03%
UI	A	-0.02%
CHWY	B	-0.02%
CNA	B	-0.02%
LBRDA	C	-0.02%
VERX	B	-0.02%
INFA	D	-0.02%
CWAN	B	-0.02%
LEVI	F	-0.02%
ZG	A	-0.02%
VRNS	D	-0.02%
SMMT	D	-0.01%
RKT	F	-0.01%
RBRK	A	-0.01%
BIRK	D	-0.01%
KEX	C	-0.01%
SIRI	C	-0.01%
NPAB	B	-0.01%
KNTK	B	-0.01%
STEP	B	-0.01%
UWMC	D	-0.0%