JHML vs. FAB ETF Comparison

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

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

$69.27

Average Daily Volume

27,407

Number of Holdings ^*

749

* may have additional holdings in another (foreign) market

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

$84.26

Average Daily Volume

3,932

Number of Holdings ^*

660

* may have additional holdings in another (foreign) market

Performance

Period	JHML	FAB
30 Days	2.80%	1.21%
60 Days	5.05%	0.53%
90 Days	6.55%	7.56%
12 Months	32.03%	23.33%

249 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in FAB	Overlap
	ABT	C	0.3%	0.09%	0.09%
	ACGL	B	0.18%	0.46%	0.18%
	ADM	D	0.1%	0.43%	0.1%
	AEE	B	0.11%	0.39%	0.11%
	AEP	C	0.17%	0.39%	0.17%
	AFG	C	0.05%	0.05%	0.05%
	AFL	A	0.16%	0.3%	0.16%
	AIG	D	0.2%	0.33%	0.2%
	AIZ	B	0.04%	0.1%	0.04%
	ALLY	F	0.08%	0.15%	0.08%
	AMKR	F	0.01%	0.07%	0.01%
	APA	F	0.02%	0.14%	0.02%
	APD	B	0.13%	0.19%	0.13%
	APTV	D	0.06%	0.42%	0.06%
	AR	C	0.01%	0.03%	0.01%
	ARE	C	0.05%	0.18%	0.05%
	ATO	B	0.07%	0.39%	0.07%
	AWK	C	0.09%	0.09%	0.09%
	AYI	B	0.01%	0.09%	0.01%
	BAC	D	0.43%	0.25%	0.25%
	BBY	A	0.15%	0.29%	0.15%
	BEN	F	0.03%	0.31%	0.03%
	BERY	B	0.01%	0.14%	0.01%
	BG	F	0.07%	0.39%	0.07%
	BIIB	F	0.11%	0.07%	0.07%
	BJ	D	0.04%	0.04%	0.04%
	BKR	C	0.1%	0.25%	0.1%
	BLK	B	0.16%	0.1%	0.1%
	BRK.A	C	1.06%	0.47%	0.47%
	BWA	C	0.03%	0.17%	0.03%
	C	C	0.23%	0.24%	0.23%
	CACI	B	0.03%	0.05%	0.03%
	CAG	B	0.06%	0.38%	0.06%
	CB	B	0.19%	0.38%	0.19%
	CBRE	B	0.21%	0.11%	0.11%
	CCK	B	0.06%	0.05%	0.05%
	CE	D	0.07%	0.4%	0.07%
	CF	B	0.08%	0.47%	0.08%
	CFG	D	0.09%	0.39%	0.09%
	CHK	C	0.04%	0.19%	0.04%
	CHTR	D	0.06%	0.27%	0.06%
	CI	C	0.22%	0.09%	0.09%
	CINF	C	0.09%	0.48%	0.09%
	CMCSA	C	0.35%	0.43%	0.35%
	CMI	B	0.2%	0.09%	0.09%
	CMS	B	0.09%	0.28%	0.09%
	CNC	D	0.14%	0.38%	0.14%
	CNP	C	0.09%	0.22%	0.09%
	COF	B	0.2%	0.37%	0.2%
	COP	F	0.26%	0.4%	0.26%
	CPB	C	0.05%	0.19%	0.05%
	CRBG	C	0.02%	0.24%	0.02%
	CROX	C	0.01%	0.08%	0.01%
	CSCO	B	0.37%	0.18%	0.18%
	CTRA	F	0.07%	0.37%	0.07%
	CTSH	B	0.15%	0.37%	0.15%
	CTVA	B	0.13%	0.09%	0.09%
	CVS	D	0.15%	0.41%	0.15%
	CVX	F	0.38%	0.39%	0.38%
	D	C	0.1%	0.29%	0.1%
	DD	B	0.13%	0.08%	0.08%
	DE	A	0.23%	0.27%	0.23%
	DG	F	0.06%	0.05%	0.05%
	DGX	B	0.12%	0.28%	0.12%
	DHI	C	0.2%	0.59%	0.2%
	DINO	F	0.02%	0.18%	0.02%
	DKS	D	0.07%	0.08%	0.07%
	DOV	B	0.14%	0.18%	0.14%
	DOW	C	0.16%	0.17%	0.16%
	DTE	A	0.12%	0.27%	0.12%
	DUK	B	0.2%	0.28%	0.2%
	DVN	F	0.06%	0.36%	0.06%
	EBAY	B	0.17%	0.39%	0.17%
	ED	B	0.17%	0.38%	0.17%
	EG	B	0.07%	0.43%	0.07%
	EHC	B	0.02%	0.04%	0.02%
	EIX	B	0.16%	0.29%	0.16%
	ELV	D	0.26%	0.08%	0.08%
	EMN	B	0.07%	0.14%	0.07%
	EOG	D	0.2%	0.42%	0.2%
	EPAM	F	0.04%	0.18%	0.04%
	EQR	C	0.08%	0.27%	0.08%
	EQT	C	0.04%	0.39%	0.04%
	ETR	A	0.16%	0.5%	0.16%
	EVRG	B	0.08%	0.19%	0.08%
	EWBC	C	0.05%	0.14%	0.05%
	EXC	B	0.18%	0.48%	0.18%
	EXPD	B	0.1%	0.08%	0.08%
	F	F	0.09%	0.36%	0.09%
	FANG	F	0.16%	0.38%	0.16%
	FDX	D	0.18%	0.25%	0.18%
	FE	B	0.1%	0.28%	0.1%
	FHN	D	0.03%	0.13%	0.03%
	FITB	B	0.16%	0.29%	0.16%
	FMC	B	0.03%	0.23%	0.03%
	FNF	B	0.08%	0.21%	0.08%
	FOXA	B	0.05%	0.49%	0.05%
	GAP	F	0.01%	0.11%	0.01%
	GD	C	0.16%	0.09%	0.09%
	GIS	B	0.14%	0.29%	0.14%
	GL	D	0.05%	0.16%	0.05%
	GM	C	0.14%	0.44%	0.14%
	GPC	D	0.11%	0.17%	0.11%
	GPN	D	0.1%	0.49%	0.1%
	GS	B	0.31%	0.19%	0.19%
	HAL	F	0.08%	0.29%	0.08%
	HBAN	B	0.09%	0.38%	0.09%
	HCA	B	0.11%	0.21%	0.11%
	HIG	B	0.24%	0.39%	0.24%
	HII	F	0.05%	0.13%	0.05%
	HLI	C	0.02%	0.05%	0.02%
	HPE	C	0.09%	0.37%	0.09%
	HPQ	C	0.13%	0.17%	0.13%
	HRL	F	0.03%	0.18%	0.03%
	HSIC	C	0.05%	0.05%	0.05%
	HSY	D	0.08%	0.18%	0.08%
	HUM	F	0.12%	0.07%	0.07%
	INCY	C	0.04%	0.27%	0.04%
	INTC	D	0.16%	0.17%	0.16%
	IP	C	0.1%	0.05%	0.05%
	IPG	C	0.07%	0.36%	0.07%
	J	A	0.05%	0.09%	0.05%
	JBHT	D	0.09%	0.27%	0.09%
	JBL	C	0.07%	0.25%	0.07%
	JCI	B	0.18%	0.09%	0.09%
	JEF	C	0.03%	0.05%	0.03%
	JLL	B	0.07%	0.05%	0.05%
	JNJ	C	0.64%	0.19%	0.19%
	K	A	0.1%	0.11%	0.1%
	KDP	B	0.06%	0.19%	0.06%
	KEY	C	0.08%	0.2%	0.08%
	KHC	C	0.07%	0.36%	0.07%
	KIM	C	0.04%	0.2%	0.04%
	KMB	C	0.11%	0.08%	0.08%
	KMI	C	0.15%	0.36%	0.15%
	KNX	C	0.03%	0.13%	0.03%
	KR	B	0.25%	0.27%	0.25%
	KVUE	B	0.07%	0.1%	0.07%
	L	D	0.1%	0.36%	0.1%
	LAD	B	0.04%	0.25%	0.04%
	LBRDK	C	0.04%	0.23%	0.04%
	LEN	B	0.01%	0.54%	0.01%
	LEN	B	0.13%	0.54%	0.13%
	LHX	C	0.14%	0.08%	0.08%
	LKQ	F	0.05%	0.33%	0.05%
	LMT	A	0.22%	0.2%	0.2%
	LNG	D	0.14%	0.35%	0.14%
	LNT	A	0.07%	0.1%	0.07%
	LOW	B	0.22%	0.2%	0.2%
	LUV	C	0.02%	0.25%	0.02%
	LYB	D	0.13%	0.34%	0.13%
	MAA	C	0.05%	0.09%	0.05%
	MDLZ	C	0.19%	0.09%	0.09%
	MDT	B	0.16%	0.19%	0.16%
	MKC	C	0.09%	0.1%	0.09%
	MKL	C	0.09%	0.42%	0.09%
	MLI	B	0.01%	0.16%	0.01%
	MOH	D	0.1%	0.2%	0.1%
	MOS	F	0.04%	0.19%	0.04%
	MPC	F	0.16%	0.4%	0.16%
	MS	B	0.27%	0.17%	0.17%
	MTB	C	0.13%	0.4%	0.13%
	NEE	B	0.17%	0.19%	0.17%
	NI	B	0.07%	0.15%	0.07%
	NKE	D	0.16%	0.09%	0.09%
	NRG	B	0.06%	0.13%	0.06%
	NUE	D	0.18%	0.39%	0.18%
	OC	C	0.1%	0.34%	0.1%
	OGE	B	0.01%	0.14%	0.01%
	OKE	C	0.12%	0.19%	0.12%
	OMC	B	0.12%	0.19%	0.12%
	ORI	B	0.04%	0.1%	0.04%
	OVV	F	0.04%	0.18%	0.04%
	OXY	F	0.1%	0.35%	0.1%
	PAG	D	0.01%	0.13%	0.01%
	PARA	D	0.02%	0.04%	0.02%
	PCG	C	0.15%	0.38%	0.15%
	PEG	B	0.19%	0.19%	0.19%
	PFG	B	0.12%	0.09%	0.09%
	PKG	B	0.1%	0.2%	0.1%
	PNC	C	0.17%	0.2%	0.17%
	PNW	C	0.06%	0.19%	0.06%
	POOL	C	0.06%	0.1%	0.06%
	PPG	C	0.13%	0.17%	0.13%
	PRU	C	0.21%	0.08%	0.08%
	PSX	F	0.13%	0.39%	0.13%
	PYPL	B	0.12%	0.22%	0.12%
	QCOM	D	0.37%	0.07%	0.07%
	REGN	D	0.21%	0.09%	0.09%
	RF	B	0.13%	0.29%	0.13%
	RGA	C	0.07%	0.04%	0.04%
	RJF	C	0.11%	0.08%	0.08%
	RNR	B	0.04%	0.24%	0.04%
	RRC	D	0.01%	0.11%	0.01%
	RS	D	0.09%	0.34%	0.09%
	SEIC	B	0.04%	0.09%	0.04%
	SJM	C	0.05%	0.37%	0.05%
	SKX	C	0.02%	0.07%	0.02%
	SNA	B	0.07%	0.37%	0.07%
	SNX	C	0.02%	0.09%	0.02%
	SRE	B	0.11%	0.27%	0.11%
	SSNC	C	0.07%	0.2%	0.07%
	STLD	C	0.13%	0.39%	0.13%
	STT	B	0.13%	0.3%	0.13%
	SWKS	F	0.08%	0.23%	0.08%
	SYF	C	0.14%	0.45%	0.14%
	SYY	C	0.13%	0.08%	0.08%
	T	B	0.25%	0.47%	0.25%
	TAP	D	0.04%	0.22%	0.04%
	TDY	B	0.07%	0.28%	0.07%
	TEL	D	0.19%	0.24%	0.19%
	TFX	B	0.04%	0.05%	0.04%
	TGT	C	0.2%	0.18%	0.18%
	THC	C	0.04%	0.21%	0.04%
	TRGP	C	0.11%	0.1%	0.1%
	TROW	C	0.1%	0.32%	0.1%
	TRV	C	0.2%	0.2%	0.2%
	TSCO	B	0.17%	0.08%	0.08%
	TSN	D	0.07%	0.09%	0.07%
	TXT	D	0.1%	0.25%	0.1%
	UAL	B	0.02%	0.45%	0.02%
	UHAL	B	0.03%	0.4%	0.03%
	UHAL	B	0.0%	0.4%	0.0%
	UHS	C	0.09%	0.21%	0.09%
	UNM	B	0.04%	0.18%	0.04%
	UPS	D	0.13%	0.16%	0.13%
	USB	C	0.16%	0.29%	0.16%
	USFD	C	0.06%	0.05%	0.05%
	UTHR	B	0.06%	0.14%	0.06%
	VLO	F	0.24%	0.37%	0.24%
	VTR	C	0.07%	0.1%	0.07%
	VTRS	D	0.05%	0.38%	0.05%
	VZ	A	0.38%	0.36%	0.36%
	WAL	B	0.01%	0.17%	0.01%
	WBD	D	0.06%	0.38%	0.06%
	WBS	C	0.03%	0.18%	0.03%
	WCC	C	0.03%	0.14%	0.03%
	WEC	B	0.11%	0.29%	0.11%
	WFC	D	0.39%	0.31%	0.31%
	WLK	C	0.03%	0.08%	0.03%
	WMT	B	0.62%	0.09%	0.09%
	WPC	C	0.03%	0.28%	0.03%
	WRB	D	0.09%	0.18%	0.09%
	WTRG	D	0.03%	0.08%	0.03%
	WY	C	0.09%	0.2%	0.09%
	XEL	B	0.15%	0.4%	0.15%
	XOM	D	0.72%	0.34%	0.34%
	ZBH	F	0.08%	0.24%	0.08%
	ZM	C	0.04%	0.28%	0.04%

JHML Overweight 500 Positions Relative to FAB

	Symbol	Grade	Weight
	AAPL	C	3.96%
	MSFT	C	3.91%
	NVDA	C	2.79%
	AMZN	C	2.51%
	GOOGL	D	1.81%
	META	B	1.8%
	LLY	D	1.07%
	AVGO	C	1.02%
	JPM	D	0.98%
	UNH	C	0.74%
	V	C	0.68%
	MA	B	0.63%
	PG	C	0.62%
	TSLA	C	0.56%
	HD	B	0.52%
	COST	C	0.5%
	GOOG	D	0.47%
	ABBV	B	0.46%
	MRK	F	0.44%
	KO	B	0.4%
	ORCL	B	0.4%
	IBM	B	0.39%
	TMO	B	0.38%
	CAT	B	0.38%
	PEP	D	0.37%
	URI	B	0.36%
	AMD	C	0.36%
	AMAT	D	0.35%
	ACN	C	0.34%
	TXN	B	0.34%
	AMGN	D	0.33%
	NFLX	B	0.32%
	LIN	B	0.31%
	CRM	C	0.31%
	AXP	B	0.3%
	MCD	B	0.3%
	RTX	B	0.3%
	ADBE	F	0.29%
	PFE	D	0.29%
	INTU	D	0.28%
	UNP	D	0.28%
	AMP	B	0.27%
	GE	C	0.26%
	DHR	B	0.26%
	TJX	C	0.25%
	KLAC	D	0.25%
	SPGI	C	0.25%
	ETN	C	0.24%
	WM	D	0.24%
	APH	C	0.24%
	ADI	C	0.23%
	HON	C	0.23%
	GILD	B	0.23%
	SHW	B	0.23%
	ISRG	C	0.22%
	BK	B	0.22%
	VRTX	D	0.22%
	PH	B	0.22%
	LRCX	D	0.22%
	TT	B	0.22%
	DIS	D	0.22%
	PGR	C	0.21%
	BSX	B	0.21%
	DFS	C	0.21%
	CARR	B	0.21%
	PM	C	0.21%
	MCHP	D	0.2%
	PCAR	D	0.2%
	CMG	D	0.2%
	RCL	B	0.2%
	ADP	C	0.2%
	TMUS	B	0.2%
	BKNG	B	0.2%
	BMY	C	0.19%
	ITW	B	0.19%
	AJG	D	0.19%
	MRVL	D	0.19%
	MCO	C	0.19%
	NOW	C	0.19%
	SNPS	F	0.19%
	MU	D	0.19%
	SO	B	0.19%
	MMC	C	0.19%
	NVR	B	0.19%
	CDNS	D	0.18%
	NSC	C	0.18%
	IT	C	0.18%
	FICO	B	0.18%
	SYK	C	0.18%
	ALL	C	0.18%
	CTAS	C	0.18%
	CSX	C	0.18%
	FAST	C	0.17%
	TFC	D	0.17%
	TDG	B	0.17%
	PLD	C	0.17%
	ANET	C	0.17%
	ICE	C	0.17%
	IQV	D	0.17%
	PHM	B	0.17%
	FCX	C	0.16%
	CL	C	0.16%
	ROST	C	0.16%
	VRSK	D	0.16%
	HWM	B	0.16%
	SBUX	C	0.16%
	GLW	B	0.16%
	AME	C	0.16%
	ZTS	B	0.16%
	MSI	B	0.16%
	ORLY	B	0.15%
	NTAP	D	0.15%
	NXPI	D	0.15%
	MCK	F	0.15%
	VST	B	0.15%
	A	C	0.15%
	SCHW	D	0.15%
	EMR	D	0.15%
	AON	B	0.15%
	EFX	C	0.15%
	PANW	D	0.15%
	PWR	B	0.15%
	BDX	D	0.14%
	MPWR	B	0.14%
	RSG	D	0.14%
	MO	C	0.14%
	AMT	C	0.14%
	UBER	C	0.14%
	IR	B	0.14%
	KKR	B	0.14%
	MTD	C	0.14%
	NOC	B	0.14%
	WTW	B	0.14%
	RMD	C	0.14%
	ROK	D	0.14%
	CEG	C	0.14%
	MMM	B	0.14%
	GWW	B	0.14%
	BLDR	C	0.14%
	APO	B	0.13%
	PAYX	C	0.13%
	VMC	C	0.13%
	STZ	C	0.13%
	CDW	D	0.13%
	EA	D	0.13%
	BX	C	0.13%
	GEHC	B	0.13%
	WELL	C	0.13%
	NEM	C	0.13%
	MLM	D	0.13%
	ECL	B	0.13%
	ROP	C	0.13%
	CME	B	0.12%
	MET	B	0.12%
	OTIS	B	0.12%
	FIS	C	0.12%
	AZO	B	0.12%
	WAB	B	0.12%
	ON	D	0.12%
	WSM	C	0.12%
	CSL	B	0.12%
	WMB	C	0.12%
	CAH	C	0.12%
	PPL	A	0.12%
	IDXX	D	0.12%
	KEYS	B	0.12%
	MAR	B	0.12%
	HLT	B	0.12%
	BA	F	0.11%
	ANSS	D	0.11%
	CPAY	B	0.11%
	HES	F	0.11%
	ADSK	B	0.11%
	MSCI	C	0.11%
	XYL	C	0.11%
	SPG	B	0.11%
	YUM	B	0.11%
	TTD	B	0.11%
	NDAQ	C	0.11%
	DLR	B	0.11%
	DRI	C	0.11%
	DECK	C	0.11%
	ULTA	D	0.11%
	FTNT	B	0.11%
	EQIX	B	0.11%
	HUBB	B	0.1%
	PLTR	C	0.1%
	BRO	C	0.1%
	BALL	C	0.1%
	CHD	C	0.1%
	WDC	C	0.1%
	BR	C	0.1%
	FCNCA	D	0.1%
	HOLX	D	0.1%
	FTV	C	0.1%
	GRMN	D	0.1%
	TER	C	0.1%
	ODFL	D	0.1%
	CPRT	D	0.1%
	ES	B	0.1%
	TTWO	D	0.09%
	FSLR	C	0.09%
	LII	C	0.09%
	MRO	D	0.09%
	MNST	D	0.09%
	IFF	A	0.09%
	GEV	B	0.09%
	NTRS	C	0.09%
	VRT	C	0.09%
	STE	B	0.09%
	LULU	D	0.09%
	AVB	C	0.09%
	STX	B	0.09%
	TYL	C	0.09%
	CRWD	D	0.09%
	BAH	B	0.09%
	O	B	0.09%
	CLX	C	0.09%
	WAT	B	0.09%
	IRM	C	0.09%
	LDOS	A	0.09%
	EXR	C	0.09%
	CSGP	D	0.09%
	ALLE	B	0.08%
	DXCM	F	0.08%
	TRU	B	0.08%
	SWK	B	0.08%
	EQH	C	0.08%
	DLTR	F	0.08%
	ARES	B	0.08%
	GDDY	C	0.08%
	ZBRA	B	0.08%
	PSA	C	0.08%
	FLEX	B	0.08%
	SLB	F	0.08%
	WST	D	0.08%
	EXPE	C	0.08%
	EW	F	0.08%
	MAS	B	0.08%
	WDAY	D	0.08%
	CCI	C	0.08%
	VICI	C	0.08%
	PNR	B	0.07%
	VEEV	C	0.07%
	DELL	C	0.07%
	VRSN	C	0.07%
	HUBS	D	0.07%
	DASH	B	0.07%
	SBAC	C	0.07%
	BURL	C	0.07%
	AMCR	B	0.07%
	DDOG	D	0.07%
	SCI	C	0.07%
	PTC	C	0.07%
	RPM	B	0.07%
	ALNY	C	0.07%
	FDS	C	0.07%
	LPLA	D	0.07%
	AKAM	D	0.07%
	AVY	C	0.07%
	JKHY	B	0.06%
	TPR	A	0.06%
	VLTO	B	0.06%
	EME	B	0.06%
	ESS	C	0.06%
	MANH	B	0.06%
	CCL	C	0.06%
	TRMB	C	0.06%
	INVH	D	0.06%
	DOX	C	0.06%
	FFIV	B	0.06%
	WSO	C	0.06%
	SPOT	C	0.06%
	APP	C	0.06%
	BAX	C	0.06%
	AES	C	0.06%
	KMX	D	0.06%
	IEX	C	0.06%
	ENTG	D	0.06%
	SQ	D	0.06%
	JNPR	A	0.06%
	AVTR	C	0.06%
	CHRW	B	0.06%
	ARMK	B	0.05%
	BMRN	F	0.05%
	LECO	D	0.05%
	AOS	B	0.05%
	FND	C	0.05%
	DVA	B	0.05%
	HAS	B	0.05%
	SUI	C	0.05%
	NET	D	0.05%
	ROL	C	0.05%
	LYV	A	0.05%
	TPL	C	0.05%
	QRVO	F	0.05%
	ERIE	B	0.05%
	AXON	B	0.05%
	NDSN	C	0.05%
	DPZ	D	0.05%
	CBOE	C	0.05%
	GGG	C	0.05%
	ACM	B	0.05%
	GLPI	C	0.04%
	DOC	B	0.04%
	REG	C	0.04%
	ELS	D	0.04%
	ALGN	D	0.04%
	LVS	C	0.04%
	PINS	D	0.04%
	SNOW	F	0.04%
	MKTX	D	0.04%
	BXP	C	0.04%
	ALB	D	0.04%
	BLD	C	0.04%
	TTC	F	0.04%
	RRX	C	0.04%
	CPT	C	0.04%
	TECH	C	0.04%
	TXRH	B	0.04%
	TTEK	C	0.04%
	ILMN	D	0.04%
	WMS	D	0.04%
	CTLT	B	0.04%
	LW	D	0.04%
	CLH	C	0.04%
	DT	C	0.04%
	NWSA	D	0.04%
	PFGC	B	0.04%
	HST	D	0.04%
	PODD	C	0.04%
	ALV	F	0.04%
	ENPH	D	0.04%
	DAL	C	0.04%
	MRNA	F	0.04%
	UDR	C	0.04%
	MDB	D	0.04%
	ATR	B	0.04%
	SMCI	F	0.04%
	TOL	A	0.04%
	CRL	F	0.04%
	CASY	D	0.04%
	COIN	F	0.04%
	HEI	C	0.04%
	GLOB	D	0.03%
	CG	C	0.03%
	KBR	D	0.03%
	CHE	C	0.03%
	SAIA	D	0.03%
	SCCO	C	0.03%
	PRI	B	0.03%
	H	B	0.03%
	BRKR	D	0.03%
	IBKR	B	0.03%
	WYNN	C	0.03%
	WSC	D	0.03%
	FRT	C	0.03%
	RL	B	0.03%
	MTCH	C	0.03%
	RPRX	C	0.03%
	BIO	C	0.03%
	PAYC	D	0.03%
	ABNB	D	0.03%
	LNW	F	0.03%
	CW	B	0.03%
	EXAS	D	0.03%
	XPO	D	0.03%
	EL	D	0.03%
	DAY	D	0.03%
	MORN	C	0.03%
	NVT	C	0.03%
	TEAM	D	0.03%
	GWRE	B	0.03%
	OKTA	F	0.03%
	TWLO	C	0.03%
	HEI	C	0.03%
	CUBE	C	0.03%
	GNTX	D	0.03%
	ITT	B	0.03%
	TW	B	0.03%
	CVNA	B	0.03%
	PSTG	F	0.03%
	LAMR	B	0.03%
	HOOD	C	0.03%
	Z	C	0.03%
	GPK	C	0.03%
	NBIX	F	0.03%
	AMH	D	0.03%
	CHDN	D	0.03%
	ZS	F	0.03%
	WEX	C	0.03%
	DKNG	C	0.03%
	PCVX	C	0.02%
	ONTO	C	0.02%
	PCTY	D	0.02%
	IOT	C	0.02%
	NTNX	D	0.02%
	MUSA	D	0.02%
	FOX	B	0.02%
	CNM	F	0.02%
	COLD	D	0.02%
	RGEN	F	0.02%
	WBA	F	0.02%
	FTI	D	0.02%
	FIX	B	0.02%
	OHI	C	0.02%
	ICLR	F	0.02%
	EGP	C	0.02%
	COHR	C	0.02%
	DBX	C	0.02%
	SNAP	D	0.02%
	OLED	D	0.02%
	SRPT	F	0.02%
	MEDP	F	0.02%
	WWD	C	0.02%
	SW	B	0.02%
	KNSL	D	0.02%
	TPX	B	0.02%
	REXR	C	0.02%
	ACI	F	0.02%
	ROKU	D	0.02%
	DOCU	C	0.02%
	NNN	B	0.02%
	SF	B	0.02%
	BSY	C	0.02%
	DCI	C	0.02%
	SOLV	D	0.02%
	INSM	D	0.01%
	FCN	C	0.01%
	FLR	D	0.01%
	RKT	C	0.01%
	APPF	C	0.01%
	GNRC	D	0.01%
	MTZ	C	0.01%
	GME	D	0.01%
	AA	C	0.01%
	BFAM	C	0.01%
	GMED	D	0.01%
	PSN	B	0.01%
	ZG	C	0.01%
	CBSH	D	0.01%
	RGLD	C	0.01%
	SOFI	D	0.01%
	MHK	B	0.01%
	PR	F	0.01%
	EVR	B	0.01%
	CNA	D	0.01%
	HRB	C	0.01%
	HALO	D	0.01%
	ENSG	D	0.01%
	ATI	C	0.01%
	AXTA	B	0.01%
	SFM	B	0.01%
	PEN	D	0.01%
	COTY	D	0.01%
	DUOL	C	0.01%
	GFS	F	0.01%
	GTLB	D	0.01%
	CELH	F	0.01%
	SSD	C	0.01%
	ELF	F	0.01%
	RIVN	F	0.01%
	SN	B	0.01%
	ALSN	B	0.01%
	TKO	A	0.01%
	PATH	D	0.01%
	AFRM	D	0.01%
	CNH	C	0.01%
	EDR	A	0.01%
	PCOR	D	0.01%
	FN	C	0.01%
	WMG	D	0.01%
	RBC	B	0.01%
	MKSI	F	0.01%
	X	F	0.01%
	NYT	B	0.01%
	CIEN	B	0.01%
	BWXT	A	0.01%
	APG	F	0.01%
	NWS	D	0.01%
	CPNG	B	0.01%
	COKE	C	0.01%
	WING	C	0.01%
	RBLX	C	0.01%
	TOST	C	0.01%
	INGR	B	0.01%
	NTRA	C	0.01%
	EXP	B	0.01%
	INFA	D	0.0%
	BIRK	F	0.0%
	SMMT	D	0.0%
	HLNE	B	0.0%
	AUR	C	0.0%
	LBRDA	C	0.0%
	PPC	D	0.0%
	ESTC	F	0.0%
	BRX	C	0.0%
	UI	B	0.0%
	CHWY	D	0.0%
	CR	B	0.0%

JHML Underweight 413 Positions Relative to FAB

	Symbol	Grade	Weight
	MHO	B	-0.29%
	TMHC	B	-0.27%
	GPI	B	-0.27%
	MTH	C	-0.27%
	JXN	B	-0.26%
	RUSHA	C	-0.26%
	KBH	C	-0.26%
	MTG	B	-0.25%
	RDN	D	-0.24%
	ESNT	B	-0.24%
	AMG	C	-0.24%
	ASO	D	-0.24%
	HOG	C	-0.24%
	KRC	C	-0.22%
	ESGR	D	-0.22%
	AGO	D	-0.22%
	COLB	B	-0.22%
	VLY	D	-0.22%
	FYBR	C	-0.22%
	SIG	C	-0.22%
	SEB	D	-0.21%
	NOG	F	-0.21%
	BCC	C	-0.21%
	LBRT	F	-0.21%
	DAR	F	-0.21%
	CNXC	F	-0.21%
	BTU	C	-0.21%
	WTM	F	-0.2%
	R	C	-0.2%
	G	C	-0.2%
	SM	F	-0.2%
	AL	C	-0.2%
	AGCO	D	-0.2%
	TEX	F	-0.2%
	TPH	C	-0.2%
	BKH	B	-0.19%
	COOP	C	-0.19%
	GMS	C	-0.19%
	CVI	F	-0.19%
	PVH	D	-0.19%
	OGS	B	-0.19%
	CADE	C	-0.19%
	BYD	C	-0.19%
	MDU	B	-0.18%
	OZK	F	-0.18%
	MUR	F	-0.18%
	MTDR	F	-0.18%
	DXC	D	-0.18%
	POR	B	-0.18%
	ARW	B	-0.18%
	NOV	F	-0.18%
	NFG	B	-0.18%
	HP	F	-0.18%
	AN	C	-0.18%
	PRG	C	-0.17%
	AVT	B	-0.17%
	MGY	D	-0.17%
	PTEN	F	-0.17%
	LNC	C	-0.17%
	MATX	B	-0.17%
	PNFP	C	-0.16%
	CCS	C	-0.16%
	OSK	F	-0.16%
	CUZ	C	-0.16%
	LEA	D	-0.16%
	ADTN	C	-0.16%
	OGN	D	-0.16%
	CLF	F	-0.16%
	CMC	D	-0.16%
	ABG	D	-0.16%
	NMIH	C	-0.15%
	EBC	C	-0.15%
	UFPI	C	-0.15%
	CNX	B	-0.15%
	BZH	B	-0.15%
	PHIN	C	-0.15%
	URBN	F	-0.15%
	PBF	F	-0.15%
	NWE	A	-0.14%
	WMK	D	-0.14%
	PII	D	-0.14%
	GHC	B	-0.14%
	AXS	B	-0.14%
	AGNC	B	-0.14%
	ATSG	C	-0.14%
	WTFC	C	-0.14%
	ONB	D	-0.14%
	LZB	C	-0.14%
	BNL	B	-0.14%
	UAA	C	-0.14%
	THO	C	-0.14%
	INVA	C	-0.14%
	BC	C	-0.14%
	HE	F	-0.14%
	NXST	D	-0.13%
	GDEN	D	-0.13%
	STBA	D	-0.13%
	IMKTA	D	-0.13%
	OMF	D	-0.13%
	SPB	B	-0.13%
	JAZZ	D	-0.13%
	CZR	C	-0.13%
	TGNA	C	-0.13%
	TKR	C	-0.13%
	SANM	D	-0.13%
	UVV	D	-0.13%
	ENVA	C	-0.13%
	SR	B	-0.13%
	HPP	F	-0.13%
	LGIH	D	-0.13%
	AVA	B	-0.13%
	NWN	B	-0.13%
	FNB	D	-0.13%
	GEF	C	-0.13%
	EIG	C	-0.13%
	SON	D	-0.13%
	CHRD	F	-0.13%
	CALM	B	-0.12%
	ASH	F	-0.12%
	HTZ	F	-0.12%
	JBT	C	-0.12%
	AAT	C	-0.12%
	CXW	F	-0.12%
	CABO	F	-0.12%
	INDB	D	-0.12%
	OLPX	D	-0.12%
	OLN	D	-0.12%
	WU	C	-0.12%
	KOP	F	-0.12%
	SBH	B	-0.12%
	FCF	D	-0.12%
	ALK	B	-0.12%
	RC	F	-0.12%
	CNO	C	-0.12%
	HIW	C	-0.12%
	RLJ	D	-0.12%
	NX	F	-0.12%
	BKU	D	-0.12%
	CUBI	F	-0.12%
	RYI	F	-0.12%
	EFSC	D	-0.12%
	AEO	D	-0.12%
	VAL	F	-0.12%
	PFBC	D	-0.11%
	NAVI	D	-0.11%
	IBOC	D	-0.11%
	REVG	D	-0.11%
	ABCB	C	-0.11%
	SCHL	D	-0.11%
	UMBF	C	-0.11%
	ADNT	D	-0.11%
	ATKR	F	-0.11%
	SSB	C	-0.11%
	FRME	D	-0.11%
	CATY	C	-0.11%
	FFBC	D	-0.11%
	SNDR	B	-0.11%
	OCFC	B	-0.11%
	DNOW	F	-0.11%
	GES	F	-0.11%
	BBWI	D	-0.1%
	CENTA	F	-0.1%
	ANDE	D	-0.1%
	USM	C	-0.1%
	IAC	C	-0.1%
	SASR	C	-0.1%
	KSS	D	-0.1%
	HOMB	D	-0.1%
	BOKF	C	-0.1%
	MIDD	C	-0.1%
	ABM	D	-0.1%
	FBNC	C	-0.1%
	REZI	D	-0.1%
	UBSI	D	-0.1%
	CMA	C	-0.1%
	M	F	-0.1%
	PRDO	D	-0.1%
	WERN	C	-0.1%
	VSH	F	-0.1%
	PB	D	-0.1%
	ABR	B	-0.1%
	SLGN	B	-0.1%
	ARCH	D	-0.1%
	ALGT	D	-0.1%
	FAF	B	-0.1%
	DNB	D	-0.1%
	SAH	D	-0.1%
	PEBO	D	-0.1%
	VSCO	C	-0.1%
	HUBG	C	-0.1%
	DDS	D	-0.1%
	IPGP	D	-0.1%
	LPX	B	-0.1%
	CRI	D	-0.1%
	WGO	D	-0.1%
	OFG	C	-0.09%
	AMN	F	-0.09%
	MSGE	B	-0.09%
	CASH	D	-0.09%
	COLM	C	-0.09%
	HOPE	D	-0.09%
	BANR	C	-0.09%
	EPC	F	-0.09%
	SWX	C	-0.09%
	ADV	D	-0.09%
	LGND	D	-0.09%
	SLM	C	-0.09%
	PDCO	F	-0.09%
	ASGN	D	-0.09%
	SFNC	C	-0.09%
	VBTX	C	-0.09%
	UGI	B	-0.09%
	SSTK	F	-0.09%
	DTM	C	-0.09%
	PRGO	F	-0.09%
	TOWN	D	-0.09%
	RYN	C	-0.09%
	HWC	D	-0.09%
	TALO	F	-0.09%
	IDA	B	-0.09%
	GT	F	-0.09%
	NJR	C	-0.09%
	ZION	D	-0.09%
	MATW	F	-0.09%
	REYN	C	-0.09%
	PARR	F	-0.09%
	CRK	C	-0.09%
	CRC	C	-0.09%
	PATK	C	-0.09%
	SAIC	C	-0.09%
	LILAK	D	-0.09%
	ARCB	D	-0.08%
	HGV	F	-0.08%
	OMCL	C	-0.08%
	NBHC	D	-0.08%
	UNF	B	-0.08%
	SJW	F	-0.08%
	FHI	B	-0.08%
	APOG	B	-0.08%
	KMT	B	-0.08%
	MCRI	B	-0.08%
	WSBC	D	-0.08%
	RNST	D	-0.08%
	WSFS	D	-0.08%
	BECN	F	-0.08%
	FIBK	C	-0.08%
	PNM	B	-0.08%
	FHB	D	-0.08%
	ENS	C	-0.08%
	DAN	D	-0.08%
	JELD	D	-0.08%
	BXC	D	-0.08%
	OMI	D	-0.08%
	AX	D	-0.08%
	WHR	C	-0.08%
	NWBI	D	-0.08%
	CENX	C	-0.08%
	SLVM	C	-0.08%
	CTOS	F	-0.08%
	OI	D	-0.08%
	BKE	B	-0.08%
	VRTS	F	-0.07%
	PLUS	B	-0.07%
	MRTN	D	-0.07%
	ZD	D	-0.07%
	CMCO	D	-0.07%
	MODG	F	-0.07%
	CBRL	D	-0.07%
	CAR	D	-0.07%
	CHGG	F	-0.07%
	RIG	F	-0.07%
	ECVT	F	-0.07%
	HTLD	F	-0.07%
	NMRK	B	-0.07%
	ODP	F	-0.07%
	MLKN	F	-0.07%
	ICUI	C	-0.07%
	KN	D	-0.07%
	EQC	D	-0.07%
	KOS	F	-0.07%
	CPK	B	-0.06%
	VCTR	B	-0.06%
	NHC	D	-0.06%
	DFIN	D	-0.06%
	ALEX	C	-0.06%
	BDC	B	-0.06%
	CSGS	C	-0.06%
	CNXN	B	-0.06%
	PRIM	B	-0.06%
	UCBI	B	-0.06%
	SBCF	D	-0.06%
	LCII	C	-0.06%
	AUB	D	-0.06%
	NIC	D	-0.06%
	TCBI	C	-0.06%
	GTY	C	-0.06%
	SKY	B	-0.06%
	VAC	D	-0.06%
	DIOD	F	-0.06%
	WAFD	D	-0.06%
	GEO	F	-0.06%
	ROIC	C	-0.06%
	DORM	C	-0.06%
	VNO	B	-0.06%
	HELE	D	-0.06%
	DEI	B	-0.06%
	FUL	D	-0.05%
	VOYA	B	-0.05%
	SUM	D	-0.05%
	SHEN	F	-0.05%
	NEOG	D	-0.05%
	AVNT	B	-0.05%
	SNV	D	-0.05%
	HLF	F	-0.05%
	BPOP	C	-0.05%
	IVZ	B	-0.05%
	TRS	C	-0.05%
	BXMT	C	-0.05%
	NVST	D	-0.05%
	PCH	C	-0.05%
	PCRX	F	-0.05%
	LNN	C	-0.05%
	MAT	D	-0.05%
	GOGO	F	-0.05%
	XHR	B	-0.05%
	EAT	C	-0.05%
	PBH	C	-0.05%
	CVBF	D	-0.05%
	HTH	D	-0.05%
	PTVE	D	-0.05%
	SAFT	D	-0.05%
	DEA	D	-0.05%
	KLG	D	-0.05%
	TRMK	D	-0.05%
	FULT	D	-0.05%
	SNEX	C	-0.05%
	CWT	D	-0.05%
	PSMT	B	-0.05%
	MCY	C	-0.05%
	BUSE	D	-0.05%
	SRCE	D	-0.05%
	TCBK	D	-0.05%
	OEC	F	-0.05%
	KALU	D	-0.04%
	LANC	F	-0.04%
	CACC	F	-0.04%
	CRUS	D	-0.04%
	SIGI	D	-0.04%
	STRA	F	-0.04%
	LSTR	D	-0.04%
	SEM	D	-0.04%
	KWR	D	-0.04%
	MTX	D	-0.04%
	BHF	F	-0.04%
	SEE	C	-0.04%
	LFUS	C	-0.04%
	RHI	D	-0.04%
	BLMN	F	-0.04%
	FOXF	F	-0.04%
	GXO	D	-0.04%
	MMS	B	-0.04%
	KEX	C	-0.04%
	CMTG	F	-0.03%
	OII	D	-0.03%
	PGRE	D	-0.03%
	ATUS	C	-0.03%
	KFY	C	-0.03%
	LXP	C	-0.03%
	PPBI	D	-0.03%
	SHOO	B	-0.03%
	GNW	C	-0.03%
	WD	B	-0.03%
	NNI	C	-0.03%
	THS	C	-0.03%
	ADUS	C	-0.03%
	FBP	C	-0.03%
	CWEN	A	-0.03%
	AAP	F	-0.03%
	HNI	C	-0.03%
	MWA	B	-0.03%
	NBTB	D	-0.03%
	JBGS	C	-0.03%
	STC	C	-0.03%
	BHLB	C	-0.03%
	BMBL	F	-0.03%
	FBK	C	-0.03%
	CBU	D	-0.03%
	PLXS	B	-0.03%
	CVCO	B	-0.03%
	BOOT	B	-0.03%
	LTH	C	-0.03%
	FDP	C	-0.03%
	PFS	C	-0.03%
	HI	F	-0.02%
	GO	F	-0.02%
	DK	F	-0.02%
	OXM	F	-0.02%
	ROG	D	-0.02%
	SCL	D	-0.02%
	XRX	D	-0.02%
	CTS	D	-0.02%
	WOR	F	-0.02%
	ENOV	F	-0.02%
	CAKE	B	-0.02%
	NVEE	F	-0.02%
	KFRC	F	-0.02%
	VSAT	F	-0.02%
	THRM	F	-0.02%
	APAM	C	-0.02%
	AIN	F	-0.02%
	ASB	D	-0.02%
	HMN	C	-0.02%
	IART	F	-0.01%

JHML: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Software - Infrastructure Utilities - Regulated Electric Diagnostics & Research Asset Management Semiconductors Biotechnology Capital Markets Oil & Gas E&P Specialty Retail Banks - Regional - US 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 Telecommunications Dow Jones Component Medicine Mining Real Estate Investment Trust Semiconductor Bank Banking IBD 50 Biotechnology Insurance Products

FAB: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Utilities - Regulated Electric Asset Management Insurance - Property & Casualty Packaged Foods Residential Construction Packaging & Containers REIT - Diversified Specialty Chemicals Specialty Retail Building Materials Credit Services Utilities - Regulated Gas Auto Parts Diversified Industrials Insurance - Diversified REIT - Office Telecom Services Utilities - Diversified

Keywords: S&P 500 Bank Banking Natural Gas Insurance Deposit Products Electricity Commercial Banking Insurance Products Chemical Real Estate Investment Trust Real Estate Loans Transport Commercial Bank Electronics Trust Services Investment Management Clothing Life Insurance Mining