JHML vs. BTAL ETF Comparison

Comparison of John Hancock Multifactor Large Cap ETF (JHML) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

JHML

John Hancock Multifactor Large Cap ETF

JHML Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Large 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'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 larger than that of the 801st largest U.S. Company at the time of reconstitution.

Grade (RS Rating)

Last Trade

$72.44

Average Daily Volume

21,303

Number of Holdings ^*

755

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	JHML	BTAL
30 Days	3.76%	-4.57%
60 Days	4.93%	-3.16%
90 Days	6.94%	-3.70%
12 Months	31.31%	-6.81%

291 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in BTAL	Overlap
	AA	B	0.01%	-0.56%	-0.56%
	ABBV	D	0.38%	0.36%	0.36%
	ACGL	D	0.15%	0.38%	0.15%
	ACN	C	0.35%	0.44%	0.35%
	ADP	B	0.21%	0.46%	0.21%
	AEE	A	0.11%	0.49%	0.11%
	AES	F	0.04%	-0.35%	-0.35%
	AFRM	B	0.01%	-0.84%	-0.84%
	AIZ	A	0.04%	0.48%	0.04%
	AKAM	D	0.06%	0.36%	0.06%
	ALB	C	0.04%	-0.52%	-0.52%
	ALGN	D	0.03%	-0.43%	-0.43%
	ALL	A	0.18%	0.48%	0.18%
	ALLY	C	0.08%	-0.37%	-0.37%
	ALSN	B	0.01%	0.56%	0.01%
	AMCR	D	0.06%	0.39%	0.06%
	AMD	F	0.31%	-0.4%	-0.4%
	AMGN	D	0.28%	0.37%	0.28%
	AMKR	D	0.0%	-0.34%	-0.34%
	ANET	C	0.17%	-0.46%	-0.46%
	AON	A	0.16%	0.47%	0.16%
	APG	B	0.01%	-0.44%	-0.44%
	AR	B	0.01%	-0.53%	-0.53%
	ARE	D	0.04%	-0.4%	-0.4%
	ARMK	B	0.04%	0.45%	0.04%
	AVB	B	0.09%	0.45%	0.09%
	AVGO	D	1.0%	-0.45%	-0.45%
	AWK	D	0.08%	-0.42%	-0.42%
	AXON	A	0.08%	-0.74%	-0.74%
	AXTA	A	0.01%	-0.49%	-0.49%
	AZO	C	0.12%	0.33%	0.12%
	BG	F	0.06%	0.4%	0.06%
	BKR	B	0.12%	0.53%	0.12%
	BLD	D	0.03%	-0.4%	-0.4%
	BLDR	D	0.12%	-0.44%	-0.44%
	BLK	C	0.17%	-0.54%	-0.54%
	BMRN	D	0.04%	0.29%	0.04%
	BMY	B	0.21%	0.51%	0.21%
	BRO	B	0.1%	0.47%	0.1%
	BWA	D	0.03%	0.44%	0.03%
	BWXT	B	0.02%	0.53%	0.02%
	BX	A	0.14%	-0.57%	-0.57%
	BXP	D	0.03%	-0.46%	-0.46%
	CACI	D	0.03%	0.42%	0.03%
	CARR	D	0.19%	-0.45%	-0.45%
	CB	C	0.18%	0.45%	0.18%
	CBOE	B	0.05%	0.43%	0.05%
	CBRE	B	0.22%	-0.51%	-0.51%
	CCK	C	0.05%	0.43%	0.05%
	CCL	B	0.07%	-0.63%	-0.63%
	CE	F	0.04%	-0.24%	-0.24%
	CEG	D	0.15%	-0.52%	-0.52%
	CELH	F	0.01%	-0.29%	-0.29%
	CF	B	0.08%	0.46%	0.08%
	CFG	B	0.09%	-0.49%	-0.49%
	CG	A	0.03%	-0.55%	-0.55%
	CHD	B	0.1%	0.47%	0.1%
	CHE	D	0.02%	0.4%	0.02%
	CHRW	C	0.07%	0.45%	0.07%
	CI	F	0.19%	0.4%	0.19%
	CINF	A	0.1%	0.49%	0.1%
	CLH	B	0.04%	0.43%	0.04%
	CME	A	0.12%	0.47%	0.12%
	CMG	B	0.2%	0.45%	0.2%
	CMS	C	0.08%	0.44%	0.08%
	CNC	D	0.11%	0.32%	0.11%
	CNM	D	0.02%	-0.38%	-0.38%
	COHR	B	0.02%	-0.52%	-0.52%
	COIN	C	0.07%	-0.71%	-0.71%
	COR	B	0.16%	0.45%	0.16%
	COTY	F	0.01%	-0.33%	-0.33%
	CPB	D	0.04%	0.38%	0.04%
	CRL	C	0.04%	-0.41%	-0.41%
	CRWD	B	0.11%	-0.57%	-0.57%
	CSCO	B	0.4%	0.49%	0.4%
	CSGP	D	0.09%	-0.42%	-0.42%
	CSX	B	0.18%	0.45%	0.18%
	CTSH	B	0.16%	0.43%	0.16%
	CVNA	B	0.05%	-0.68%	-0.68%
	CW	B	0.03%	0.47%	0.03%
	D	C	0.09%	-0.45%	-0.45%
	DAL	C	0.05%	-0.68%	-0.68%
	DASH	A	0.08%	-0.59%	-0.59%
	DAY	B	0.04%	-0.56%	-0.56%
	DBX	B	0.02%	0.47%	0.02%
	DD	D	0.13%	0.43%	0.13%
	DECK	A	0.13%	0.44%	0.13%
	DELL	C	0.07%	-0.53%	-0.53%
	DGX	A	0.12%	0.45%	0.12%
	DINO	D	0.02%	-0.39%	-0.39%
	DKNG	B	0.04%	-0.53%	-0.53%
	DKS	C	0.06%	-0.37%	-0.37%
	DOX	D	0.06%	0.43%	0.06%
	DRI	B	0.11%	0.46%	0.11%
	DUK	C	0.18%	0.43%	0.18%
	DUOL	A	0.01%	-0.63%	-0.63%
	DVN	F	0.06%	0.37%	0.06%
	ED	D	0.16%	0.42%	0.16%
	EDR	A	0.01%	0.46%	0.01%
	EFX	F	0.13%	-0.35%	-0.35%
	EG	C	0.07%	0.42%	0.07%
	EL	F	0.02%	-0.31%	-0.31%
	ELF	C	0.01%	-0.35%	-0.35%
	ELS	C	0.03%	0.43%	0.03%
	ELV	F	0.19%	0.33%	0.19%
	ENPH	F	0.02%	-0.23%	-0.23%
	EQR	B	0.07%	0.44%	0.07%
	EQT	B	0.05%	-0.59%	-0.59%
	ERIE	D	0.04%	0.38%	0.04%
	ETN	A	0.25%	-0.52%	-0.52%
	EW	C	0.08%	-0.44%	-0.44%
	EXP	A	0.02%	-0.53%	-0.53%
	EXPE	B	0.1%	-0.56%	-0.56%
	F	C	0.09%	-0.44%	-0.44%
	FANG	D	0.15%	0.39%	0.15%
	FBIN	D	0.05%	-0.41%	-0.41%
	FCN	D	0.0%	0.38%	0.0%
	FCX	D	0.14%	-0.42%	-0.42%
	FFIV	B	0.06%	0.52%	0.06%
	FMC	D	0.03%	0.37%	0.03%
	FND	C	0.04%	-0.4%	-0.4%
	FOXA	B	0.06%	0.48%	0.06%
	FTNT	C	0.14%	0.52%	0.14%
	GD	F	0.15%	0.41%	0.15%
	GILD	C	0.24%	0.49%	0.24%
	GIS	D	0.12%	0.38%	0.12%
	GLPI	C	0.03%	0.42%	0.03%
	GLW	B	0.17%	0.47%	0.17%
	GME	C	0.01%	-0.56%	-0.56%
	GNRC	B	0.01%	-0.51%	-0.51%
	GPC	D	0.09%	0.37%	0.09%
	HEI	B	0.03%	0.47%	0.03%
	HEI	B	0.04%	0.47%	0.04%
	HIG	B	0.23%	0.45%	0.23%
	HON	B	0.25%	0.47%	0.25%
	HOOD	B	0.05%	-0.72%	-0.72%
	HPQ	B	0.13%	0.45%	0.13%
	HRB	D	0.01%	0.41%	0.01%
	HUM	C	0.1%	0.34%	0.1%
	IBKR	A	0.04%	0.62%	0.04%
	IBM	C	0.36%	0.45%	0.36%
	IDXX	F	0.1%	-0.39%	-0.39%
	ILMN	D	0.04%	-0.43%	-0.43%
	INTC	D	0.18%	-0.54%	-0.54%
	IOT	A	0.02%	-0.52%	-0.52%
	ITT	A	0.03%	-0.49%	-0.49%
	J	F	0.04%	0.41%	0.04%
	JLL	D	0.06%	-0.46%	-0.46%
	JNJ	D	0.57%	0.42%	0.42%
	JNPR	F	0.06%	0.39%	0.06%
	KBR	F	0.02%	0.37%	0.02%
	KHC	F	0.06%	0.38%	0.06%
	KKR	A	0.15%	-0.55%	-0.55%
	KMI	A	0.18%	0.56%	0.18%
	KMX	B	0.06%	-0.4%	-0.4%
	KO	D	0.34%	0.37%	0.34%
	KR	B	0.26%	0.47%	0.26%
	L	A	0.1%	0.45%	0.1%
	LAMR	D	0.03%	-0.46%	-0.46%
	LMT	D	0.2%	0.38%	0.2%
	LNG	B	0.15%	0.51%	0.15%
	LNT	A	0.06%	0.46%	0.06%
	LPLA	A	0.1%	0.59%	0.1%
	LRCX	F	0.2%	-0.36%	-0.36%
	LULU	C	0.11%	0.48%	0.11%
	LYV	A	0.06%	-0.62%	-0.62%
	MCD	D	0.29%	0.42%	0.29%
	MCK	B	0.17%	0.51%	0.17%
	MDB	C	0.04%	-0.53%	-0.53%
	MKC	D	0.08%	0.41%	0.08%
	MKL	A	0.09%	0.53%	0.09%
	MKSI	C	0.01%	-0.4%	-0.4%
	MMC	B	0.18%	0.42%	0.18%
	MOH	F	0.08%	0.36%	0.08%
	MOS	F	0.04%	0.38%	0.04%
	MPWR	F	0.08%	-0.24%	-0.24%
	MRNA	F	0.02%	-0.22%	-0.22%
	MRVL	B	0.22%	-0.56%	-0.56%
	MSFT	F	3.67%	0.43%	0.43%
	MSI	B	0.18%	0.51%	0.18%
	MTCH	D	0.02%	0.35%	0.02%
	MU	D	0.21%	-0.43%	-0.43%
	MUSA	A	0.02%	0.43%	0.02%
	NEM	D	0.1%	0.35%	0.1%
	NET	B	0.05%	-0.5%	-0.5%
	NOC	D	0.13%	0.4%	0.13%
	NRG	B	0.06%	-0.49%	-0.49%
	NTRA	B	0.02%	-0.56%	-0.56%
	NTRS	A	0.1%	-0.54%	-0.54%
	NVDA	C	3.35%	-0.48%	-0.48%
	NVT	B	0.03%	-0.49%	-0.49%
	O	D	0.08%	0.39%	0.08%
	OC	A	0.11%	-0.46%	-0.46%
	OHI	C	0.02%	0.43%	0.02%
	ON	D	0.11%	0.38%	0.11%
	ORI	A	0.04%	0.46%	0.04%
	ORLY	B	0.15%	0.5%	0.15%
	OXY	D	0.09%	0.38%	0.09%
	PAG	B	0.01%	0.41%	0.01%
	PATH	C	0.01%	-0.43%	-0.43%
	PAYC	B	0.03%	0.59%	0.03%
	PAYX	C	0.13%	0.47%	0.13%
	PCAR	B	0.22%	0.51%	0.22%
	PCTY	B	0.02%	0.53%	0.02%
	PEN	B	0.01%	-0.52%	-0.52%
	PFE	D	0.25%	0.37%	0.25%
	PFGC	B	0.04%	-0.49%	-0.49%
	PGR	A	0.2%	0.45%	0.2%
	PINS	D	0.03%	-0.4%	-0.4%
	PKG	A	0.11%	0.49%	0.11%
	PLD	D	0.15%	-0.39%	-0.39%
	PLTR	B	0.15%	-0.87%	-0.87%
	PNW	B	0.06%	0.45%	0.06%
	PODD	C	0.04%	-0.59%	-0.59%
	PWR	A	0.17%	-0.51%	-0.51%
	PYPL	B	0.13%	-0.52%	-0.52%
	RBLX	C	0.02%	-0.51%	-0.51%
	REG	B	0.03%	0.45%	0.03%
	RF	A	0.14%	-0.5%	-0.5%
	RGA	A	0.07%	0.48%	0.07%
	RGEN	D	0.02%	-0.37%	-0.37%
	RIVN	F	0.01%	-0.3%	-0.3%
	RKT	F	0.0%	-0.29%	-0.29%
	RMD	C	0.13%	-0.45%	-0.45%
	RNR	C	0.04%	0.46%	0.04%
	ROIV	C	0.0%	-0.41%	-0.41%
	ROKU	D	0.02%	-0.47%	-0.47%
	ROP	B	0.13%	0.45%	0.13%
	RRC	B	0.01%	-0.51%	-0.51%
	RSG	A	0.14%	0.43%	0.14%
	RTX	C	0.29%	0.43%	0.29%
	SAIA	B	0.03%	-0.59%	-0.59%
	SCHW	B	0.18%	-0.56%	-0.56%
	SFM	A	0.01%	0.6%	0.01%
	SHW	A	0.23%	-0.47%	-0.47%
	SMCI	F	0.02%	-0.18%	-0.18%
	SNA	A	0.09%	0.55%	0.09%
	SNAP	C	0.02%	-0.49%	-0.49%
	SNX	C	0.02%	0.41%	0.02%
	SOFI	A	0.01%	-0.79%	-0.79%
	SQ	B	0.08%	-0.6%	-0.6%
	SRPT	D	0.02%	0.32%	0.02%
	SSD	D	0.01%	-0.43%	-0.43%
	T	A	0.25%	0.5%	0.25%
	TDY	B	0.08%	0.48%	0.08%
	TER	D	0.08%	-0.33%	-0.33%
	TFX	F	0.03%	-0.36%	-0.36%
	TGT	F	0.19%	-0.44%	-0.44%
	TJX	A	0.24%	0.43%	0.24%
	TMUS	B	0.23%	0.49%	0.23%
	TOL	B	0.04%	-0.47%	-0.47%
	TOST	B	0.02%	-0.71%	-0.71%
	TROW	B	0.11%	-0.48%	-0.48%
	TRU	D	0.07%	-0.44%	-0.44%
	TRV	B	0.21%	0.52%	0.21%
	TSLA	B	0.68%	-0.7%	-0.7%
	TT	A	0.23%	-0.51%	-0.51%
	TTD	B	0.12%	-0.5%	-0.5%
	TXRH	C	0.04%	0.51%	0.04%
	TXT	D	0.09%	0.4%	0.09%
	UBER	D	0.12%	-0.42%	-0.42%
	UNH	C	0.73%	0.43%	0.43%
	UNM	A	0.05%	0.57%	0.05%
	URI	B	0.37%	-0.52%	-0.52%
	USB	A	0.16%	-0.49%	-0.49%
	USFD	A	0.06%	-0.49%	-0.49%
	UTHR	C	0.06%	0.45%	0.06%
	VEEV	C	0.07%	-0.46%	-0.46%
	VICI	C	0.08%	0.42%	0.08%
	VRSN	F	0.06%	0.43%	0.06%
	VRT	B	0.12%	-0.67%	-0.67%
	VST	B	0.21%	-0.76%	-0.76%
	VTRS	A	0.05%	0.48%	0.05%
	VZ	C	0.34%	0.44%	0.34%
	WAL	B	0.01%	-0.49%	-0.49%
	WBA	F	0.02%	-0.4%	-0.4%
	WCC	B	0.03%	-0.55%	-0.55%
	WEC	A	0.11%	0.46%	0.11%
	WELL	A	0.14%	0.5%	0.14%
	WM	A	0.25%	0.45%	0.25%
	WMS	D	0.03%	-0.37%	-0.37%
	WPC	D	0.03%	0.41%	0.03%
	WRB	A	0.09%	0.45%	0.09%
	WTW	B	0.15%	0.45%	0.15%
	X	C	0.01%	0.43%	0.01%
	XEL	A	0.15%	0.5%	0.15%
	XOM	B	0.72%	0.44%	0.44%
	XPO	B	0.04%	-0.54%	-0.54%
	YUM	B	0.11%	0.43%	0.11%
	Z	A	0.03%	-0.56%	-0.56%
	ZS	C	0.04%	-0.46%	-0.46%

JHML Overweight 464 Positions Relative to BTAL

	Symbol	Grade	Weight
	AAPL	C	3.79%
	AMZN	C	2.69%
	GOOGL	C	1.88%
	META	D	1.79%
	JPM	A	1.09%
	BRK.A	B	1.04%
	LLY	F	0.89%
	V	A	0.7%
	MA	C	0.64%
	WMT	A	0.64%
	PG	A	0.58%
	HD	A	0.52%
	WFC	A	0.49%
	COST	B	0.49%
	GOOG	C	0.49%
	BAC	A	0.47%
	ORCL	B	0.43%
	CVX	A	0.41%
	CRM	B	0.38%
	CAT	B	0.38%
	MRK	F	0.36%
	CMCSA	B	0.36%
	NFLX	A	0.36%
	GS	A	0.35%
	MS	A	0.34%
	TXN	C	0.33%
	QCOM	F	0.33%
	PEP	F	0.33%
	AMAT	F	0.32%
	AXP	A	0.31%
	TMO	F	0.31%
	AMP	A	0.31%
	INTU	C	0.29%
	ABT	B	0.29%
	ADBE	C	0.28%
	LIN	D	0.28%
	COP	C	0.26%
	UNP	C	0.26%
	APH	A	0.26%
	RCL	A	0.26%
	DFS	B	0.25%
	DIS	B	0.25%
	VLO	C	0.24%
	GE	D	0.24%
	C	A	0.24%
	SPGI	C	0.24%
	BKNG	A	0.24%
	COF	B	0.23%
	ISRG	A	0.23%
	CMI	A	0.23%
	PH	A	0.23%
	FI	A	0.23%
	DHR	F	0.22%
	PM	B	0.22%
	LOW	D	0.22%
	BK	A	0.22%
	NOW	A	0.21%
	FICO	B	0.21%
	BSX	B	0.21%
	EOG	A	0.21%
	PRU	A	0.21%
	VRTX	F	0.21%
	DE	A	0.21%
	JCI	C	0.2%
	SNPS	B	0.2%
	ADI	D	0.2%
	KLAC	D	0.2%
	CTAS	B	0.19%
	AJG	B	0.19%
	ITW	B	0.19%
	AIG	B	0.19%
	PEG	A	0.19%
	EMR	A	0.18%
	ETR	B	0.18%
	AME	A	0.18%
	NVR	D	0.18%
	HWM	A	0.18%
	NSC	B	0.18%
	MCO	B	0.18%
	IT	C	0.18%
	PNC	B	0.18%
	SYK	C	0.18%
	SO	D	0.18%
	FAST	B	0.18%
	CDNS	B	0.18%
	VRSK	A	0.17%
	NUE	C	0.17%
	FITB	A	0.17%
	FDX	B	0.17%
	TSCO	D	0.17%
	SYF	B	0.17%
	TFC	A	0.17%
	PANW	C	0.17%
	GM	B	0.16%
	MCHP	D	0.16%
	GWW	B	0.16%
	DHI	D	0.16%
	MDLZ	F	0.16%
	AFL	B	0.16%
	SBUX	A	0.16%
	ICE	C	0.16%
	EBAY	D	0.16%
	APO	B	0.16%
	EXC	C	0.16%
	DOV	A	0.15%
	MTB	A	0.15%
	EA	A	0.15%
	WMB	A	0.15%
	PHM	D	0.15%
	TDG	D	0.15%
	MPC	D	0.15%
	PCG	A	0.15%
	MDT	D	0.15%
	AEP	D	0.15%
	NEE	D	0.15%
	EIX	B	0.15%
	TRGP	B	0.14%
	MMM	D	0.14%
	VMC	B	0.14%
	CVS	D	0.14%
	IQV	D	0.14%
	MLM	B	0.14%
	MAR	B	0.14%
	REGN	F	0.14%
	NTAP	C	0.14%
	APP	B	0.14%
	ROST	C	0.14%
	IR	B	0.14%
	LHX	C	0.14%
	APD	A	0.14%
	STLD	B	0.14%
	ZTS	D	0.14%
	ROK	B	0.14%
	MO	A	0.14%
	NKE	D	0.14%
	BDX	F	0.13%
	WAB	B	0.13%
	ECL	D	0.13%
	STT	A	0.13%
	OKE	A	0.13%
	CAH	B	0.13%
	UPS	C	0.13%
	DOW	F	0.13%
	A	D	0.13%
	BBY	D	0.13%
	NXPI	D	0.13%
	HLT	A	0.13%
	CL	D	0.13%
	RJF	A	0.13%
	OTIS	C	0.12%
	MSCI	C	0.12%
	PFG	D	0.12%
	GEHC	F	0.12%
	KEYS	A	0.12%
	PSX	C	0.12%
	ADSK	A	0.12%
	OMC	C	0.12%
	CSL	C	0.12%
	FIS	C	0.12%
	DLR	B	0.12%
	STZ	D	0.12%
	CTVA	C	0.12%
	GRMN	B	0.12%
	PPG	F	0.12%
	CPAY	A	0.12%
	PPL	B	0.12%
	SYY	B	0.12%
	HBAN	A	0.11%
	FCNCA	A	0.11%
	DTE	C	0.11%
	ANSS	B	0.11%
	LYB	F	0.11%
	ODFL	B	0.11%
	AMT	D	0.11%
	IP	B	0.11%
	LEN	D	0.11%
	CPRT	A	0.11%
	SRE	A	0.11%
	LH	C	0.11%
	NDAQ	A	0.11%
	GEV	B	0.11%
	MET	A	0.11%
	HES	B	0.11%
	EQIX	A	0.11%
	SPG	B	0.11%
	MTD	D	0.11%
	XYL	D	0.1%
	TTWO	A	0.1%
	LDOS	C	0.1%
	HUBB	B	0.1%
	RS	B	0.1%
	CDW	F	0.1%
	KMB	D	0.1%
	WAT	B	0.1%
	GPN	B	0.1%
	WSM	B	0.1%
	BR	A	0.1%
	HPE	B	0.1%
	ULTA	F	0.1%
	GDDY	A	0.09%
	MRO	B	0.09%
	BALL	D	0.09%
	WDAY	B	0.09%
	KEY	B	0.09%
	IRM	D	0.09%
	EXPD	D	0.09%
	BAH	F	0.09%
	HOLX	D	0.09%
	JBHT	C	0.09%
	CNP	B	0.09%
	WDC	D	0.09%
	FLEX	A	0.09%
	MNST	C	0.09%
	FE	C	0.09%
	BA	F	0.09%
	ES	D	0.09%
	K	A	0.09%
	CLX	B	0.09%
	TYL	B	0.09%
	HCA	F	0.09%
	FTV	C	0.09%
	MAS	D	0.08%
	DXCM	D	0.08%
	NI	A	0.08%
	CTRA	B	0.08%
	UHS	D	0.08%
	SLB	C	0.08%
	DDOG	A	0.08%
	GEN	B	0.08%
	SPOT	B	0.08%
	ADM	D	0.08%
	JBL	B	0.08%
	STE	F	0.08%
	ARES	A	0.08%
	HAL	C	0.08%
	FNF	B	0.08%
	ZBRA	B	0.08%
	EXR	D	0.08%
	STX	D	0.08%
	LII	A	0.08%
	EQH	B	0.08%
	ZBH	C	0.08%
	WY	D	0.08%
	WST	C	0.08%
	HUBS	A	0.08%
	BIIB	F	0.08%
	EWBC	A	0.07%
	TRMB	B	0.07%
	AVY	D	0.07%
	IPG	D	0.07%
	SSNC	B	0.07%
	DLTR	F	0.07%
	HSY	F	0.07%
	FSLR	F	0.07%
	IEX	B	0.07%
	VTR	C	0.07%
	TSN	B	0.07%
	PSA	D	0.07%
	PNR	A	0.07%
	SCI	B	0.07%
	KVUE	A	0.07%
	ALLE	D	0.07%
	CCI	D	0.07%
	IFF	D	0.07%
	PTC	A	0.07%
	TPR	B	0.07%
	FDS	B	0.07%
	TPL	A	0.07%
	CHTR	C	0.07%
	RPM	A	0.07%
	EVRG	A	0.07%
	ATO	A	0.07%
	MANH	D	0.06%
	RVTY	F	0.06%
	SWK	D	0.06%
	LBRDK	C	0.06%
	SBAC	D	0.06%
	WSO	A	0.06%
	EME	C	0.06%
	WBD	C	0.06%
	EMN	D	0.06%
	ALNY	D	0.06%
	SWKS	F	0.06%
	BURL	A	0.06%
	TEAM	A	0.05%
	CASY	A	0.05%
	ZM	B	0.05%
	SJM	D	0.05%
	TAP	C	0.05%
	TWLO	A	0.05%
	HSIC	B	0.05%
	APTV	D	0.05%
	ROL	B	0.05%
	AVTR	F	0.05%
	AFG	A	0.05%
	KDP	D	0.05%
	NDSN	B	0.05%
	LECO	B	0.05%
	BAX	D	0.05%
	MAA	B	0.05%
	SEIC	B	0.05%
	VLTO	D	0.05%
	POOL	C	0.05%
	GL	B	0.05%
	CAG	D	0.05%
	JKHY	D	0.05%
	INVH	D	0.05%
	GGG	B	0.05%
	DG	F	0.05%
	DPZ	C	0.05%
	ESS	B	0.05%
	ACM	A	0.05%
	ENTG	D	0.05%
	MKTX	D	0.04%
	HST	C	0.04%
	CTLT	B	0.04%
	JEF	A	0.04%
	HII	D	0.04%
	KIM	A	0.04%
	UDR	B	0.04%
	AOS	F	0.04%
	DT	C	0.04%
	SNOW	C	0.04%
	ALV	C	0.04%
	LVS	C	0.04%
	BJ	A	0.04%
	INCY	C	0.04%
	SUI	D	0.04%
	OVV	B	0.04%
	UAL	A	0.04%
	THC	D	0.04%
	NWSA	B	0.04%
	HAS	D	0.04%
	LAD	A	0.04%
	LKQ	D	0.04%
	DVA	B	0.04%
	EPAM	C	0.04%
	ATR	B	0.04%
	LW	C	0.04%
	SCCO	F	0.03%
	H	B	0.03%
	BIO	D	0.03%
	CUBE	D	0.03%
	BEN	C	0.03%
	ABNB	C	0.03%
	WTRG	B	0.03%
	PRI	A	0.03%
	GLOB	B	0.03%
	WYNN	D	0.03%
	WEX	D	0.03%
	RL	B	0.03%
	GPK	C	0.03%
	SF	B	0.03%
	MORN	B	0.03%
	OKTA	C	0.03%
	HRL	D	0.03%
	AMH	D	0.03%
	QRVO	F	0.03%
	GNTX	C	0.03%
	TTEK	F	0.03%
	TECH	D	0.03%
	KNX	B	0.03%
	DOCU	A	0.03%
	PSTG	D	0.03%
	CHDN	B	0.03%
	DOC	D	0.03%
	TW	A	0.03%
	GWRE	A	0.03%
	NBIX	C	0.03%
	WBS	A	0.03%
	TTC	D	0.03%
	CPT	B	0.03%
	FHN	A	0.03%
	RRX	B	0.03%
	OLED	D	0.02%
	INGR	B	0.02%
	CIEN	B	0.02%
	APA	D	0.02%
	EGP	F	0.02%
	REXR	F	0.02%
	MEDP	D	0.02%
	PARA	C	0.02%
	HLI	B	0.02%
	NNN	D	0.02%
	EXAS	D	0.02%
	FOX	A	0.02%
	NTNX	A	0.02%
	WWD	B	0.02%
	BRKR	D	0.02%
	FIX	A	0.02%
	EHC	B	0.02%
	FTI	A	0.02%
	BSY	D	0.02%
	SKX	D	0.02%
	WLK	D	0.02%
	KNSL	B	0.02%
	ACI	C	0.02%
	SOLV	C	0.02%
	LNW	D	0.02%
	LUV	C	0.02%
	WSC	D	0.02%
	CRBG	B	0.02%
	TPX	B	0.02%
	SW	A	0.02%
	RPRX	D	0.02%
	UHAL	D	0.02%
	FRT	B	0.02%
	DCI	B	0.02%
	APPF	B	0.01%
	MHK	D	0.01%
	CR	A	0.01%
	PSN	D	0.01%
	RGLD	C	0.01%
	HALO	F	0.01%
	CNA	B	0.01%
	ATI	D	0.01%
	GAP	C	0.01%
	ENSG	D	0.01%
	ZG	A	0.01%
	PR	B	0.01%
	GMED	A	0.01%
	CBSH	A	0.01%
	LEN	D	0.01%
	FLR	B	0.01%
	UI	A	0.01%
	OGE	B	0.01%
	MTZ	B	0.01%
	CROX	D	0.01%
	SIRI	C	0.01%
	GFS	C	0.01%
	SN	D	0.01%
	EVR	B	0.01%
	BERY	B	0.01%
	MLI	C	0.01%
	TKO	B	0.01%
	GTLB	B	0.01%
	CNH	C	0.01%
	AYI	B	0.01%
	WING	D	0.01%
	PCVX	D	0.01%
	RBC	A	0.01%
	NYT	C	0.01%
	FN	D	0.01%
	ONTO	D	0.01%
	WMG	C	0.01%
	ICLR	D	0.01%
	PCOR	B	0.01%
	CPNG	D	0.01%
	COKE	C	0.01%
	COLD	D	0.01%
	NWS	B	0.01%
	INFA	D	0.0%
	SMMT	D	0.0%
	BIRK	D	0.0%
	HLNE	B	0.0%
	UHAL	D	0.0%
	BRX	A	0.0%
	PPC	C	0.0%
	BFAM	D	0.0%
	ESTC	C	0.0%
	CHWY	B	0.0%
	AUR	C	0.0%
	INSM	C	0.0%
	LBRDA	C	0.0%

JHML Underweight 102 Positions Relative to BTAL

	Symbol	Grade	Weight
	MSTR	C	-1.19%
	BILL	A	-0.68%
	HQY	B	-0.58%
	CFLT	B	-0.56%
	NWL	B	-0.54%
	WH	B	-0.53%
	TGNA	B	-0.53%
	RLI	B	-0.51%
	THG	A	-0.51%
	CHH	A	-0.5%
	PNM	F	-0.5%
	G	B	-0.49%
	VFC	C	-0.48%
	SIGI	C	-0.48%
	AXS	A	-0.48%
	SBRA	C	-0.47%
	RYAN	B	-0.47%
	WEN	D	-0.46%
	SLGN	A	-0.46%
	ADC	B	-0.45%
	JAZZ	B	-0.44%
	CDP	C	-0.44%
	NEU	C	-0.44%
	DLB	B	-0.43%
	ZI	D	-0.43%
	MSM	C	-0.43%
	COLM	B	-0.43%
	FLO	D	-0.42%
	AVT	C	-0.42%
	CXT	B	-0.42%
	OLLI	D	-0.41%
	SAIC	F	-0.4%
	MSA	D	-0.4%
	ASGN	F	-0.39%
	WTM	A	-0.39%
	MAN	D	-0.37%
	ARW	D	-0.37%
	TNET	D	-0.37%
	MUR	D	-0.37%
	ST	F	-0.36%
	FOXF	F	-0.35%
	MDU	D	-0.32%
	AGL	F	-0.16%
	SEDG	F	--0.19%
	RUN	F	--0.21%
	CNXC	F	--0.23%
	WOLF	F	--0.25%
	TXG	F	--0.26%
	NTLA	F	--0.27%
	OPEN	D	--0.3%
	BRZE	C	--0.33%
	SHLS	F	--0.35%
	ARWR	F	--0.35%
	NVCR	C	--0.38%
	RIG	D	--0.38%
	KSS	F	--0.39%
	ELAN	D	--0.39%
	AGNC	D	--0.41%
	W	F	--0.41%
	POWI	D	--0.41%
	DNLI	D	--0.42%
	CHX	C	--0.42%
	CZR	F	--0.42%
	CWEN	C	--0.42%
	CC	C	--0.43%
	CRSP	D	--0.43%
	MGM	D	--0.43%
	SEE	C	--0.44%
	THO	B	--0.44%
	UGI	A	--0.44%
	RYN	D	--0.44%
	BBWI	D	--0.44%
	TREX	C	--0.45%
	NWE	B	--0.45%
	DAR	C	--0.45%
	MTDR	B	--0.45%
	SMG	D	--0.46%
	KRC	C	--0.46%
	PENN	C	--0.46%
	HHH	B	--0.47%
	LNC	B	--0.48%
	OZK	B	--0.49%
	GH	B	--0.49%
	CAR	C	--0.51%
	RMBS	C	--0.51%
	LPX	B	--0.52%
	VNO	B	--0.52%
	ZION	B	--0.53%
	JHG	A	--0.53%
	RH	B	--0.53%
	FYBR	D	--0.53%
	SNV	B	--0.54%
	FOUR	B	--0.54%
	CMA	A	--0.54%
	PNFP	B	--0.55%
	TDOC	C	--0.56%
	GTLS	B	--0.58%
	OWL	A	--0.58%
	TPG	A	--0.58%
	LITE	B	--0.62%
	LYFT	C	--0.65%
	PTON	B	--0.69%

JHML: Top Represented Industries & Keywords

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

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

BTAL: Top Represented Industries & Keywords

Industries: Software - Application Insurance - Property & Casualty Software - Infrastructure Biotechnology Semiconductors Utilities - Regulated Electric Asset Management Banks - Regional - US Specialty Retail Aerospace & Defense Business Services Oil & Gas E&P Building Materials Information Technology Services Restaurants Diagnostics & Research Drug Manufacturers - Major Health Care Plans Diversified Industrials Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Insurance Natural Gas Computing Insurance Products Electricity Real Estate Investment Trust Aerospace Chemical IBD 50 Semiconductor Telecommunications Banking Cloud Computing Dow Jones Component Electronics Biotechnology Medicine Bank