JHML vs. FELV ETF Comparison

Comparison of John Hancock Multifactor Large Cap ETF (JHML) to Fidelity Enhanced Large Cap Value ETF (FELV)

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

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	JHML	FELV
30 Days	3.76%	4.38%
60 Days	4.93%	5.85%
90 Days	6.94%	7.57%
12 Months	31.31%	29.90%

268 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in FELV	Overlap
	A	D	0.13%	0.09%	0.09%
	AAPL	C	3.79%	0.19%	0.19%
	ABBV	D	0.38%	0.85%	0.38%
	ABT	B	0.29%	0.54%	0.29%
	ACN	C	0.35%	0.34%	0.34%
	ADBE	C	0.28%	0.37%	0.28%
	ADI	D	0.2%	0.04%	0.04%
	ADM	D	0.08%	0.1%	0.08%
	ADP	B	0.21%	0.1%	0.1%
	AEP	D	0.15%	0.08%	0.08%
	AES	F	0.04%	0.16%	0.04%
	AIZ	A	0.04%	0.11%	0.04%
	ALL	A	0.18%	0.19%	0.18%
	ALLE	D	0.07%	0.54%	0.07%
	AMAT	F	0.32%	0.42%	0.32%
	AMD	F	0.31%	0.02%	0.02%
	AME	A	0.18%	0.26%	0.18%
	AMGN	D	0.28%	0.15%	0.15%
	AMH	D	0.03%	0.11%	0.03%
	AMT	D	0.11%	0.14%	0.11%
	AMZN	C	2.69%	0.08%	0.08%
	ANSS	B	0.11%	0.01%	0.01%
	AON	A	0.16%	0.59%	0.16%
	AVGO	D	1.0%	0.12%	0.12%
	AXP	A	0.31%	0.2%	0.2%
	AXTA	A	0.01%	0.03%	0.01%
	AYI	B	0.01%	0.02%	0.01%
	BAC	A	0.47%	1.77%	0.47%
	BBY	D	0.13%	0.15%	0.13%
	BDX	F	0.13%	0.74%	0.13%
	BERY	B	0.01%	0.02%	0.01%
	BIIB	F	0.08%	0.3%	0.08%
	BIO	D	0.03%	0.02%	0.02%
	BK	A	0.22%	0.63%	0.22%
	BKR	B	0.12%	0.1%	0.1%
	BLD	D	0.03%	0.11%	0.03%
	BLDR	D	0.12%	0.01%	0.01%
	BLK	C	0.17%	0.37%	0.17%
	BMRN	D	0.04%	0.11%	0.04%
	BMY	B	0.21%	0.84%	0.21%
	BRK.A	B	1.04%	3.64%	1.04%
	BRX	A	0.0%	0.35%	0.0%
	BSX	B	0.21%	0.19%	0.19%
	C	A	0.24%	0.48%	0.24%
	CACI	D	0.03%	0.46%	0.03%
	CAH	B	0.13%	0.3%	0.13%
	CAT	B	0.38%	0.54%	0.38%
	CCI	D	0.07%	0.57%	0.07%
	CCK	C	0.05%	0.16%	0.05%
	CCL	B	0.07%	0.13%	0.07%
	CEG	D	0.15%	0.17%	0.15%
	CI	F	0.19%	0.6%	0.19%
	CINF	A	0.1%	0.22%	0.1%
	CL	D	0.13%	0.54%	0.13%
	CLX	B	0.09%	0.25%	0.09%
	CMCSA	B	0.36%	1.13%	0.36%
	CME	A	0.12%	0.57%	0.12%
	CMG	B	0.2%	0.07%	0.07%
	CMI	A	0.23%	0.34%	0.23%
	CNC	D	0.11%	0.23%	0.11%
	CNP	B	0.09%	0.15%	0.09%
	COF	B	0.23%	0.47%	0.23%
	COP	C	0.26%	0.56%	0.26%
	CRM	B	0.38%	0.22%	0.22%
	CSCO	B	0.4%	1.07%	0.4%
	CSGP	D	0.09%	0.04%	0.04%
	CSX	B	0.18%	0.34%	0.18%
	CTAS	B	0.19%	0.43%	0.19%
	CTRA	B	0.08%	0.05%	0.05%
	CVNA	B	0.05%	0.62%	0.05%
	CVS	D	0.14%	0.3%	0.14%
	CVX	A	0.41%	0.53%	0.41%
	CW	B	0.03%	0.05%	0.03%
	DASH	A	0.08%	0.08%	0.08%
	DBX	B	0.02%	0.42%	0.02%
	DD	D	0.13%	0.48%	0.13%
	DELL	C	0.07%	0.08%	0.07%
	DFS	B	0.25%	0.05%	0.05%
	DGX	A	0.12%	0.01%	0.01%
	DHI	D	0.16%	0.03%	0.03%
	DHR	F	0.22%	0.17%	0.17%
	DIS	B	0.25%	0.8%	0.25%
	DOC	D	0.03%	0.22%	0.03%
	DOCU	A	0.03%	0.22%	0.03%
	DTE	C	0.11%	0.19%	0.11%
	DUK	C	0.18%	0.28%	0.18%
	DVN	F	0.06%	0.34%	0.06%
	EA	A	0.15%	0.11%	0.11%
	ECL	D	0.13%	0.5%	0.13%
	ED	D	0.16%	0.22%	0.16%
	EIX	B	0.15%	0.17%	0.15%
	ELV	F	0.19%	0.11%	0.11%
	EOG	A	0.21%	0.53%	0.21%
	EQIX	A	0.11%	0.2%	0.11%
	EQR	B	0.07%	0.17%	0.07%
	ES	D	0.09%	0.13%	0.09%
	ETN	A	0.25%	0.76%	0.25%
	EVRG	A	0.07%	0.35%	0.07%
	EW	C	0.08%	0.06%	0.06%
	EXC	C	0.16%	0.24%	0.16%
	F	C	0.09%	0.33%	0.09%
	FANG	D	0.15%	0.09%	0.09%
	FTI	A	0.02%	0.19%	0.02%
	FTV	C	0.09%	0.33%	0.09%
	GAP	C	0.01%	0.25%	0.01%
	GD	F	0.15%	0.14%	0.14%
	GE	D	0.24%	1.05%	0.24%
	GEHC	F	0.12%	0.16%	0.12%
	GEV	B	0.11%	0.28%	0.11%
	GILD	C	0.24%	0.92%	0.24%
	GIS	D	0.12%	0.05%	0.05%
	GL	B	0.05%	0.28%	0.05%
	GLPI	C	0.03%	0.05%	0.03%
	GLW	B	0.17%	0.01%	0.01%
	GPN	B	0.1%	0.09%	0.09%
	GRMN	B	0.12%	0.11%	0.11%
	GS	A	0.35%	0.34%	0.34%
	HAL	C	0.08%	0.13%	0.08%
	HD	A	0.52%	0.45%	0.45%
	HON	B	0.25%	0.08%	0.08%
	HPE	B	0.1%	0.21%	0.1%
	HUM	C	0.1%	0.14%	0.1%
	HWM	A	0.18%	0.12%	0.12%
	IBM	C	0.36%	0.27%	0.27%
	ICE	C	0.16%	0.18%	0.16%
	IFF	D	0.07%	0.08%	0.07%
	ILMN	D	0.04%	0.15%	0.04%
	INCY	C	0.04%	0.22%	0.04%
	INGR	B	0.02%	0.04%	0.02%
	INTC	D	0.18%	0.85%	0.18%
	IQV	D	0.14%	0.17%	0.14%
	ITT	A	0.03%	0.18%	0.03%
	ITW	B	0.19%	0.12%	0.12%
	JCI	C	0.2%	0.21%	0.2%
	JNJ	D	0.57%	1.02%	0.57%
	JPM	A	1.09%	2.93%	1.09%
	KEY	B	0.09%	0.18%	0.09%
	KHC	F	0.06%	0.12%	0.06%
	KLAC	D	0.2%	0.03%	0.03%
	KMB	D	0.1%	0.14%	0.1%
	KMI	A	0.18%	0.24%	0.18%
	KR	B	0.26%	0.31%	0.26%
	L	A	0.1%	0.35%	0.1%
	LDOS	C	0.1%	0.47%	0.1%
	LH	C	0.11%	0.08%	0.08%
	LHX	C	0.14%	0.45%	0.14%
	LIN	D	0.28%	0.46%	0.28%
	LMT	D	0.2%	0.64%	0.2%
	LNW	D	0.02%	0.17%	0.02%
	LOW	D	0.22%	0.07%	0.07%
	MA	C	0.64%	0.28%	0.28%
	MCD	D	0.29%	0.28%	0.28%
	MCK	B	0.17%	0.09%	0.09%
	MDLZ	F	0.16%	0.06%	0.06%
	MDT	D	0.15%	0.4%	0.15%
	MEDP	D	0.02%	0.16%	0.02%
	META	D	1.79%	0.21%	0.21%
	MKC	D	0.08%	0.08%	0.08%
	MKL	A	0.09%	0.17%	0.09%
	MMC	B	0.18%	0.38%	0.18%
	MMM	D	0.14%	0.6%	0.14%
	MO	A	0.14%	0.28%	0.14%
	MS	A	0.34%	0.54%	0.34%
	MSCI	C	0.12%	0.19%	0.12%
	MSI	B	0.18%	0.2%	0.18%
	MU	D	0.21%	0.86%	0.21%
	NEE	D	0.15%	0.81%	0.15%
	NEM	D	0.1%	0.05%	0.05%
	NFLX	A	0.36%	0.19%	0.19%
	NOC	D	0.13%	0.63%	0.13%
	NSC	B	0.18%	0.57%	0.18%
	NTAP	C	0.14%	0.12%	0.12%
	NUE	C	0.17%	0.34%	0.17%
	NVDA	C	3.35%	0.17%	0.17%
	NWS	B	0.01%	0.03%	0.01%
	NWSA	B	0.04%	0.06%	0.04%
	OC	A	0.11%	0.22%	0.11%
	OGE	B	0.01%	0.06%	0.01%
	OKTA	C	0.03%	0.02%	0.02%
	OXY	D	0.09%	0.15%	0.09%
	PCAR	B	0.22%	0.39%	0.22%
	PCG	A	0.15%	0.39%	0.15%
	PEG	A	0.19%	0.1%	0.1%
	PFE	D	0.25%	0.85%	0.25%
	PFG	D	0.12%	0.16%	0.12%
	PG	A	0.58%	1.24%	0.58%
	PGR	A	0.2%	0.35%	0.2%
	PH	A	0.23%	0.12%	0.12%
	PHM	D	0.15%	0.01%	0.01%
	PKG	A	0.11%	0.13%	0.11%
	PM	B	0.22%	1.31%	0.22%
	PNC	B	0.18%	0.7%	0.18%
	PNR	A	0.07%	0.19%	0.07%
	PPG	F	0.12%	0.57%	0.12%
	PRU	A	0.21%	0.17%	0.17%
	PSA	D	0.07%	0.52%	0.07%
	PYPL	B	0.13%	0.79%	0.13%
	QCOM	F	0.33%	0.5%	0.33%
	QRVO	F	0.03%	0.11%	0.03%
	RCL	A	0.26%	0.15%	0.15%
	REG	B	0.03%	0.07%	0.03%
	RGA	A	0.07%	0.03%	0.03%
	RJF	A	0.13%	0.03%	0.03%
	ROP	B	0.13%	0.01%	0.01%
	ROST	C	0.14%	0.11%	0.11%
	RSG	A	0.14%	0.66%	0.14%
	RTX	C	0.29%	0.7%	0.29%
	SCHW	B	0.18%	0.88%	0.18%
	SEIC	B	0.05%	0.58%	0.05%
	SO	D	0.18%	0.12%	0.12%
	SOLV	C	0.02%	0.12%	0.02%
	SPG	B	0.11%	0.18%	0.11%
	SPGI	C	0.24%	0.63%	0.24%
	SQ	B	0.08%	0.7%	0.08%
	SSNC	B	0.07%	0.5%	0.07%
	STLD	B	0.14%	0.33%	0.14%
	STT	A	0.13%	0.15%	0.13%
	SWKS	F	0.06%	0.13%	0.06%
	SYF	B	0.17%	0.03%	0.03%
	SYK	C	0.18%	0.26%	0.18%
	T	A	0.25%	1.02%	0.25%
	TAP	C	0.05%	0.16%	0.05%
	TFC	A	0.17%	0.24%	0.17%
	TFX	F	0.03%	0.03%	0.03%
	TGT	F	0.19%	0.01%	0.01%
	TJX	A	0.24%	0.28%	0.24%
	TMO	F	0.31%	0.73%	0.31%
	TMUS	B	0.23%	0.56%	0.23%
	TOL	B	0.04%	0.28%	0.04%
	TPR	B	0.07%	0.1%	0.07%
	TRGP	B	0.14%	0.09%	0.09%
	TRMB	B	0.07%	0.05%	0.05%
	TROW	B	0.11%	0.13%	0.11%
	TRV	B	0.21%	0.28%	0.21%
	TT	A	0.23%	0.52%	0.23%
	TWLO	A	0.05%	0.3%	0.05%
	TXN	C	0.33%	0.16%	0.16%
	TXT	D	0.09%	0.53%	0.09%
	UAL	A	0.04%	0.03%	0.03%
	UHS	D	0.08%	0.12%	0.08%
	UNH	C	0.73%	1.57%	0.73%
	UNM	A	0.05%	0.38%	0.05%
	UNP	C	0.26%	0.75%	0.26%
	UPS	C	0.13%	0.06%	0.06%
	USFD	A	0.06%	0.19%	0.06%
	VEEV	C	0.07%	0.28%	0.07%
	VICI	C	0.08%	0.25%	0.08%
	VLTO	D	0.05%	0.04%	0.04%
	VMC	B	0.14%	0.28%	0.14%
	VRTX	F	0.21%	0.09%	0.09%
	VST	B	0.21%	0.07%	0.07%
	VZ	C	0.34%	0.68%	0.34%
	WAB	B	0.13%	0.45%	0.13%
	WBD	C	0.06%	0.09%	0.06%
	WCC	B	0.03%	0.07%	0.03%
	WDAY	B	0.09%	0.13%	0.09%
	WDC	D	0.09%	0.14%	0.09%
	WFC	A	0.49%	1.22%	0.49%
	WM	A	0.25%	0.25%	0.25%
	WMB	A	0.15%	0.12%	0.12%
	WMT	A	0.64%	1.76%	0.64%
	WTW	B	0.15%	0.26%	0.15%
	XEL	A	0.15%	0.25%	0.15%
	XOM	B	0.72%	2.51%	0.72%
	Z	A	0.03%	0.22%	0.03%
	ZBRA	B	0.08%	0.32%	0.08%
	ZG	A	0.01%	0.18%	0.01%
	ZM	B	0.05%	0.52%	0.05%

JHML Overweight 487 Positions Relative to FELV

	Symbol	Grade	Weight
	MSFT	F	3.67%
	GOOGL	C	1.88%
	LLY	F	0.89%
	V	A	0.7%
	TSLA	B	0.68%
	COST	B	0.49%
	GOOG	C	0.49%
	ORCL	B	0.43%
	URI	B	0.37%
	MRK	F	0.36%
	KO	D	0.34%
	PEP	F	0.33%
	AMP	A	0.31%
	INTU	C	0.29%
	APH	A	0.26%
	VLO	C	0.24%
	BKNG	A	0.24%
	SHW	A	0.23%
	ISRG	A	0.23%
	HIG	B	0.23%
	FI	A	0.23%
	CBRE	B	0.22%
	MRVL	B	0.22%
	NOW	A	0.21%
	FICO	B	0.21%
	DE	A	0.21%
	SNPS	B	0.2%
	LRCX	F	0.2%
	AJG	B	0.19%
	CARR	D	0.19%
	AIG	B	0.19%
	EMR	A	0.18%
	ETR	B	0.18%
	NVR	D	0.18%
	MCO	B	0.18%
	IT	C	0.18%
	FAST	B	0.18%
	CB	C	0.18%
	CDNS	B	0.18%
	VRSK	A	0.17%
	PWR	A	0.17%
	ANET	C	0.17%
	FITB	A	0.17%
	FDX	B	0.17%
	TSCO	D	0.17%
	PANW	C	0.17%
	GM	B	0.16%
	MCHP	D	0.16%
	CTSH	B	0.16%
	GWW	B	0.16%
	COR	B	0.16%
	AFL	B	0.16%
	SBUX	A	0.16%
	EBAY	D	0.16%
	APO	B	0.16%
	USB	A	0.16%
	PLD	D	0.15%
	DOV	A	0.15%
	MTB	A	0.15%
	TDG	D	0.15%
	MPC	D	0.15%
	KKR	A	0.15%
	PLTR	B	0.15%
	LNG	B	0.15%
	ACGL	D	0.15%
	ORLY	B	0.15%
	FTNT	C	0.14%
	WELL	A	0.14%
	MLM	B	0.14%
	MAR	B	0.14%
	REGN	F	0.14%
	RF	A	0.14%
	APP	B	0.14%
	IR	B	0.14%
	APD	A	0.14%
	ZTS	D	0.14%
	ROK	B	0.14%
	BX	A	0.14%
	FCX	D	0.14%
	NKE	D	0.14%
	DECK	A	0.13%
	EFX	F	0.13%
	RMD	C	0.13%
	OKE	A	0.13%
	HPQ	B	0.13%
	DOW	F	0.13%
	NXPI	D	0.13%
	HLT	A	0.13%
	PAYX	C	0.13%
	VRT	B	0.12%
	OTIS	C	0.12%
	AZO	C	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%
	CPAY	A	0.12%
	TTD	B	0.12%
	PPL	B	0.12%
	SYY	B	0.12%
	UBER	D	0.12%
	HBAN	A	0.11%
	ON	D	0.11%
	FCNCA	A	0.11%
	LULU	C	0.11%
	DRI	B	0.11%
	AEE	A	0.11%
	LYB	F	0.11%
	ODFL	B	0.11%
	CRWD	B	0.11%
	IP	B	0.11%
	LEN	D	0.11%
	CPRT	A	0.11%
	SRE	A	0.11%
	YUM	B	0.11%
	WEC	A	0.11%
	NDAQ	A	0.11%
	MET	A	0.11%
	HES	B	0.11%
	MTD	D	0.11%
	XYL	D	0.1%
	TTWO	A	0.1%
	HUBB	B	0.1%
	IDXX	F	0.1%
	RS	B	0.1%
	NTRS	A	0.1%
	CDW	F	0.1%
	CHD	B	0.1%
	EXPE	B	0.1%
	WAT	B	0.1%
	LPLA	A	0.1%
	BRO	B	0.1%
	WSM	B	0.1%
	BR	A	0.1%
	ULTA	F	0.1%
	SNA	A	0.09%
	GDDY	A	0.09%
	AVB	B	0.09%
	MRO	B	0.09%
	BALL	D	0.09%
	WRB	A	0.09%
	IRM	D	0.09%
	EXPD	D	0.09%
	BAH	F	0.09%
	HOLX	D	0.09%
	JBHT	C	0.09%
	D	C	0.09%
	FLEX	A	0.09%
	MNST	C	0.09%
	FE	C	0.09%
	BA	F	0.09%
	K	A	0.09%
	GPC	D	0.09%
	CFG	B	0.09%
	TYL	B	0.09%
	HCA	F	0.09%
	MAS	D	0.08%
	DXCM	D	0.08%
	NI	A	0.08%
	TDY	B	0.08%
	SLB	C	0.08%
	DDOG	A	0.08%
	AXON	A	0.08%
	GEN	B	0.08%
	ALLY	C	0.08%
	SPOT	B	0.08%
	JBL	B	0.08%
	AWK	D	0.08%
	TER	D	0.08%
	STE	F	0.08%
	MOH	F	0.08%
	ARES	A	0.08%
	FNF	B	0.08%
	EXR	D	0.08%
	CF	B	0.08%
	O	D	0.08%
	STX	D	0.08%
	CMS	C	0.08%
	MPWR	F	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%
	EG	C	0.07%
	EWBC	A	0.07%
	AVY	D	0.07%
	IPG	D	0.07%
	DLTR	F	0.07%
	HSY	F	0.07%
	FSLR	F	0.07%
	IEX	B	0.07%
	CHRW	C	0.07%
	VTR	C	0.07%
	TRU	D	0.07%
	TSN	B	0.07%
	COIN	C	0.07%
	SCI	B	0.07%
	KVUE	A	0.07%
	PTC	A	0.07%
	FDS	B	0.07%
	TPL	A	0.07%
	CHTR	C	0.07%
	RPM	A	0.07%
	ATO	A	0.07%
	MANH	D	0.06%
	DOX	D	0.06%
	RVTY	F	0.06%
	PNW	B	0.06%
	BG	F	0.06%
	SWK	D	0.06%
	LBRDK	C	0.06%
	FOXA	B	0.06%
	LYV	A	0.06%
	SBAC	D	0.06%
	WSO	A	0.06%
	UTHR	C	0.06%
	JNPR	F	0.06%
	AMCR	D	0.06%
	KMX	B	0.06%
	NRG	B	0.06%
	AKAM	D	0.06%
	LNT	A	0.06%
	JLL	D	0.06%
	FFIV	B	0.06%
	EME	C	0.06%
	DKS	C	0.06%
	EMN	D	0.06%
	ALNY	D	0.06%
	VRSN	F	0.06%
	BURL	A	0.06%
	TEAM	A	0.05%
	CASY	A	0.05%
	SJM	D	0.05%
	HSIC	B	0.05%
	FBIN	D	0.05%
	APTV	D	0.05%
	HOOD	B	0.05%
	ROL	B	0.05%
	AVTR	F	0.05%
	AFG	A	0.05%
	KDP	D	0.05%
	EQT	B	0.05%
	CBOE	B	0.05%
	NDSN	B	0.05%
	LECO	B	0.05%
	BAX	D	0.05%
	MAA	B	0.05%
	POOL	C	0.05%
	CAG	D	0.05%
	VTRS	A	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%
	DAL	C	0.05%
	ACM	A	0.05%
	NET	B	0.05%
	ENTG	D	0.05%
	DKNG	B	0.04%
	MKTX	D	0.04%
	IBKR	A	0.04%
	HST	C	0.04%
	CTLT	B	0.04%
	DAY	B	0.04%
	JEF	A	0.04%
	HII	D	0.04%
	CE	F	0.04%
	CLH	B	0.04%
	KIM	A	0.04%
	ORI	A	0.04%
	ERIE	D	0.04%
	RNR	C	0.04%
	UDR	B	0.04%
	XPO	B	0.04%
	CRL	C	0.04%
	AOS	F	0.04%
	DT	C	0.04%
	SNOW	C	0.04%
	ALV	C	0.04%
	LVS	C	0.04%
	ZS	C	0.04%
	FND	C	0.04%
	ALB	C	0.04%
	BJ	A	0.04%
	SUI	D	0.04%
	MDB	C	0.04%
	OVV	B	0.04%
	THC	D	0.04%
	HAS	D	0.04%
	TXRH	C	0.04%
	PODD	C	0.04%
	PFGC	B	0.04%
	LAD	A	0.04%
	LKQ	D	0.04%
	J	F	0.04%
	MOS	F	0.04%
	DVA	B	0.04%
	CPB	D	0.04%
	ARMK	B	0.04%
	EPAM	C	0.04%
	ATR	B	0.04%
	HEI	B	0.04%
	ARE	D	0.04%
	LW	C	0.04%
	SCCO	F	0.03%
	H	B	0.03%
	CUBE	D	0.03%
	BEN	C	0.03%
	ABNB	C	0.03%
	CG	A	0.03%
	WPC	D	0.03%
	WTRG	B	0.03%
	PRI	A	0.03%
	GLOB	B	0.03%
	FMC	D	0.03%
	WYNN	D	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	RL	B	0.03%
	SAIA	B	0.03%
	WMS	D	0.03%
	GPK	C	0.03%
	SF	B	0.03%
	MORN	B	0.03%
	HRL	D	0.03%
	LAMR	D	0.03%
	GNTX	C	0.03%
	TTEK	F	0.03%
	NVT	B	0.03%
	HEI	B	0.03%
	TECH	D	0.03%
	KNX	B	0.03%
	PSTG	D	0.03%
	CHDN	B	0.03%
	PINS	D	0.03%
	TW	A	0.03%
	GWRE	A	0.03%
	NBIX	C	0.03%
	ELS	C	0.03%
	BXP	D	0.03%
	WBS	A	0.03%
	TTC	D	0.03%
	CPT	B	0.03%
	BWA	D	0.03%
	PAYC	B	0.03%
	FHN	A	0.03%
	RRX	B	0.03%
	OLED	D	0.02%
	CIEN	B	0.02%
	RBLX	C	0.02%
	SNX	C	0.02%
	SMCI	F	0.02%
	EXP	A	0.02%
	APA	D	0.02%
	IOT	A	0.02%
	SRPT	D	0.02%
	EGP	F	0.02%
	NTRA	B	0.02%
	REXR	F	0.02%
	BWXT	B	0.02%
	RGEN	D	0.02%
	WBA	F	0.02%
	MUSA	A	0.02%
	CNM	D	0.02%
	OHI	C	0.02%
	PARA	C	0.02%
	PCTY	B	0.02%
	HLI	B	0.02%
	DINO	D	0.02%
	NNN	D	0.02%
	EXAS	D	0.02%
	FOX	A	0.02%
	NTNX	A	0.02%
	SNAP	C	0.02%
	EL	F	0.02%
	WWD	B	0.02%
	ROKU	D	0.02%
	ENPH	F	0.02%
	BRKR	D	0.02%
	FIX	A	0.02%
	TOST	B	0.02%
	EHC	B	0.02%
	BSY	D	0.02%
	SKX	D	0.02%
	MTCH	D	0.02%
	WLK	D	0.02%
	KNSL	B	0.02%
	ACI	C	0.02%
	LUV	C	0.02%
	WSC	D	0.02%
	CRBG	B	0.02%
	TPX	B	0.02%
	MRNA	F	0.02%
	SW	A	0.02%
	KBR	F	0.02%
	CHE	D	0.02%
	RPRX	D	0.02%
	COHR	B	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%
	HRB	D	0.01%
	CNA	B	0.01%
	COTY	F	0.01%
	ATI	D	0.01%
	ENSG	D	0.01%
	CELH	F	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%
	RIVN	F	0.01%
	GNRC	B	0.01%
	GME	C	0.01%
	MTZ	B	0.01%
	CROX	D	0.01%
	SIRI	C	0.01%
	SSD	D	0.01%
	GFS	C	0.01%
	SN	D	0.01%
	AA	B	0.01%
	PEN	B	0.01%
	EVR	B	0.01%
	MLI	C	0.01%
	TKO	B	0.01%
	ELF	C	0.01%
	GTLB	B	0.01%
	SFM	A	0.01%
	SOFI	A	0.01%
	PATH	C	0.01%
	WAL	B	0.01%
	CNH	C	0.01%
	EDR	A	0.01%
	DUOL	A	0.01%
	MKSI	C	0.01%
	PAG	B	0.01%
	WING	D	0.01%
	PCVX	D	0.01%
	RBC	A	0.01%
	NYT	C	0.01%
	FN	D	0.01%
	ALSN	B	0.01%
	ONTO	D	0.01%
	WMG	C	0.01%
	ICLR	D	0.01%
	APG	B	0.01%
	X	C	0.01%
	PCOR	B	0.01%
	CPNG	D	0.01%
	COKE	C	0.01%
	AFRM	B	0.01%
	COLD	D	0.01%
	RRC	B	0.01%
	AR	B	0.01%
	INFA	D	0.0%
	SMMT	D	0.0%
	BIRK	D	0.0%
	HLNE	B	0.0%
	UHAL	D	0.0%
	ROIV	C	0.0%
	RKT	F	0.0%
	FCN	D	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%
	AMKR	D	0.0%

JHML Underweight 64 Positions Relative to FELV

	Symbol	Grade	Weight
	IGT	F	-0.36%
	EXEL	B	-0.35%
	TPH	D	-0.35%
	LPX	B	-0.33%
	FR	C	-0.28%
	ANF	C	-0.28%
	TDC	D	-0.27%
	SEE	C	-0.25%
	FLS	B	-0.25%
	SKYW	B	-0.21%
	MGM	D	-0.21%
	VMI	B	-0.2%
	TMHC	B	-0.18%
	ACA	A	-0.17%
	QGEN	D	-0.16%
	JXN	C	-0.15%
	EEFT	B	-0.12%
	ENS	D	-0.11%
	BCC	B	-0.11%
	ADTN	A	-0.1%
	CRC	B	-0.1%
	MHO	D	-0.1%
	CNO	A	-0.09%
	MTDR	B	-0.09%
	KD	B	-0.09%
	ACT	D	-0.09%
	CRUS	D	-0.09%
	TENB	C	-0.08%
	BBWI	D	-0.08%
	ALRM	C	-0.08%
	BYD	C	-0.07%
	LYFT	C	-0.07%
	NWL	B	-0.06%
	LEG	F	-0.06%
	ARW	D	-0.06%
	VSTS	C	-0.06%
	NMRK	B	-0.06%
	SAM	C	-0.05%
	FHI	A	-0.05%
	PLTK	B	-0.05%
	AM	A	-0.04%
	VAC	B	-0.04%
	HL	D	-0.04%
	CWEN	C	-0.04%
	BKH	A	-0.04%
	CTRE	D	-0.04%
	MSA	D	-0.03%
	EXTR	B	-0.03%
	WS	B	-0.03%
	ALKS	B	-0.03%
	MATX	C	-0.03%
	CWEN	C	-0.02%
	SWI	B	-0.02%
	OGN	D	-0.02%
	ITRI	B	-0.02%
	WOOF	D	-0.02%
	MWA	B	-0.01%
	TNL	A	-0.01%
	FTDR	A	-0.01%
	MUR	D	-0.01%
	CXT	B	-0.01%
	AXS	A	-0.01%
	SON	D	-0.01%
	M	D	-0.01%

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

FELV: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Diagnostics & Research Semiconductors Oil & Gas E&P Software - Application Asset Management Drug Manufacturers - Major Insurance - Property & Casualty Capital Markets Communication Equipment Credit Services Health Care Plans Residential Construction Aerospace & Defense Apparel Stores Biotechnology Building Materials Business Services Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Dow Jones Component Electricity Insurance Aerospace Electronics Telecommunications Chemical Medicine Mining Mobile Devices Bank Building Materials Cloud Computing Construction Insurance Products Biotechnology