JHML vs. VCIT ETF Comparison

Comparison of John Hancock Multifactor Large Cap ETF (JHML) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

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

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$81.02

Average Daily Volume

6,271,503

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	JHML	VCIT
30 Days	3.76%	-0.48%
60 Days	4.93%	-2.66%
90 Days	6.94%	-1.47%
12 Months	31.31%	8.62%

381 Overlapping Holdings

	Symbol	Grade	Weight in JHML	Weight in VCIT	Overlap
	A	D	0.13%	0.02%	0.02%
	AAPL	C	3.79%	0.01%	0.01%
	ABBV	D	0.38%	0.13%	0.13%
	ABT	B	0.29%	0.02%	0.02%
	ACGL	D	0.15%	0.03%	0.03%
	ADBE	C	0.28%	0.05%	0.05%
	ADI	D	0.2%	0.04%	0.04%
	ADM	D	0.08%	0.05%	0.05%
	ADP	B	0.21%	0.04%	0.04%
	ADSK	A	0.12%	0.03%	0.03%
	AEE	A	0.11%	0.01%	0.01%
	AEP	D	0.15%	0.01%	0.01%
	AES	F	0.04%	0.02%	0.02%
	AFG	A	0.05%	0.02%	0.02%
	AFL	B	0.16%	0.01%	0.01%
	AIG	B	0.19%	0.02%	0.02%
	AIZ	A	0.04%	0.02%	0.02%
	ALL	A	0.18%	0.02%	0.02%
	ALLE	D	0.07%	0.02%	0.02%
	AMAT	F	0.32%	0.04%	0.04%
	AMCR	D	0.06%	0.01%	0.01%
	AMGN	D	0.28%	0.01%	0.01%
	AMH	D	0.03%	0.02%	0.02%
	AMT	D	0.11%	0.03%	0.03%
	AMZN	C	2.69%	0.09%	0.09%
	AON	A	0.16%	0.01%	0.01%
	APD	A	0.14%	0.02%	0.02%
	APH	A	0.26%	0.02%	0.02%
	APTV	D	0.05%	0.01%	0.01%
	ARE	D	0.04%	0.01%	0.01%
	ATO	A	0.07%	0.02%	0.02%
	AVB	B	0.09%	0.02%	0.02%
	AVGO	D	1.0%	0.01%	0.01%
	AVY	D	0.07%	0.02%	0.02%
	AWK	D	0.08%	0.02%	0.02%
	AXP	A	0.31%	0.11%	0.11%
	AYI	B	0.01%	0.03%	0.01%
	AZO	C	0.12%	0.03%	0.03%
	BA	F	0.09%	0.03%	0.03%
	BAC	A	0.47%	0.01%	0.01%
	BAX	D	0.05%	0.02%	0.02%
	BBY	D	0.13%	0.02%	0.02%
	BDX	F	0.13%	0.03%	0.03%
	BEN	C	0.03%	0.04%	0.03%
	BERY	B	0.01%	0.03%	0.01%
	BG	F	0.06%	0.03%	0.03%
	BIIB	F	0.08%	0.07%	0.07%
	BK	A	0.22%	0.01%	0.01%
	BKNG	A	0.24%	0.03%	0.03%
	BLK	C	0.17%	0.04%	0.04%
	BMY	B	0.21%	0.03%	0.03%
	BR	A	0.1%	0.04%	0.04%
	BRO	B	0.1%	0.02%	0.02%
	BRX	A	0.0%	0.01%	0.0%
	BSX	B	0.21%	0.01%	0.01%
	BWA	D	0.03%	0.01%	0.01%
	BXP	D	0.03%	0.02%	0.02%
	C	A	0.24%	0.02%	0.02%
	CAG	D	0.05%	0.01%	0.01%
	CAH	B	0.13%	0.05%	0.05%
	CARR	D	0.19%	0.04%	0.04%
	CAT	B	0.38%	0.02%	0.02%
	CB	C	0.18%	0.01%	0.01%
	CBOE	B	0.05%	0.02%	0.02%
	CCI	D	0.07%	0.03%	0.03%
	CE	F	0.04%	0.02%	0.02%
	CFG	B	0.09%	0.03%	0.03%
	CHD	B	0.1%	0.02%	0.02%
	CHRW	C	0.07%	0.03%	0.03%
	CHTR	C	0.07%	0.06%	0.06%
	CI	F	0.19%	0.02%	0.02%
	CINF	A	0.1%	0.02%	0.02%
	CLX	B	0.09%	0.01%	0.01%
	CMCSA	B	0.36%	0.02%	0.02%
	CME	A	0.12%	0.03%	0.03%
	CMI	A	0.23%	0.04%	0.04%
	CMS	C	0.08%	0.02%	0.02%
	CNA	B	0.01%	0.01%	0.01%
	CNH	C	0.01%	0.04%	0.01%
	CNP	B	0.09%	0.02%	0.02%
	COF	B	0.23%	0.03%	0.03%
	COP	C	0.26%	0.01%	0.01%
	COST	B	0.49%	0.07%	0.07%
	CPB	D	0.04%	0.03%	0.03%
	CPT	B	0.03%	0.02%	0.02%
	CRM	B	0.38%	0.07%	0.07%
	CSL	C	0.12%	0.03%	0.03%
	CSX	B	0.18%	0.02%	0.02%
	CTAS	B	0.19%	0.05%	0.05%
	CTVA	C	0.12%	0.02%	0.02%
	CUBE	D	0.03%	0.01%	0.01%
	CVS	D	0.14%	0.02%	0.02%
	CVX	A	0.41%	0.01%	0.01%
	D	C	0.09%	0.01%	0.01%
	DAL	C	0.05%	0.03%	0.03%
	DD	D	0.13%	0.1%	0.1%
	DE	A	0.21%	0.01%	0.01%
	DELL	C	0.07%	0.04%	0.04%
	DFS	B	0.25%	0.01%	0.01%
	DG	F	0.05%	0.03%	0.03%
	DGX	A	0.12%	0.01%	0.01%
	DHI	D	0.16%	0.02%	0.02%
	DHR	F	0.22%	0.04%	0.04%
	DIS	B	0.25%	0.03%	0.03%
	DLR	B	0.12%	0.03%	0.03%
	DLTR	F	0.07%	0.07%	0.07%
	DOC	D	0.03%	0.01%	0.01%
	DOV	A	0.15%	0.02%	0.02%
	DOW	F	0.13%	0.01%	0.01%
	DOX	D	0.06%	0.03%	0.03%
	DRI	B	0.11%	0.02%	0.02%
	DT	C	0.04%	0.28%	0.04%
	DTE	C	0.11%	0.01%	0.01%
	DUK	C	0.18%	0.01%	0.01%
	DVN	F	0.06%	0.01%	0.01%
	EA	A	0.15%	0.04%	0.04%
	EBAY	D	0.16%	0.04%	0.04%
	ECL	D	0.13%	0.01%	0.01%
	ED	D	0.16%	0.01%	0.01%
	EFX	F	0.13%	0.03%	0.03%
	EIX	B	0.15%	0.01%	0.01%
	EL	F	0.02%	0.02%	0.02%
	EMN	D	0.06%	0.03%	0.03%
	EMR	A	0.18%	0.01%	0.01%
	EOG	A	0.21%	0.05%	0.05%
	EQH	B	0.08%	0.01%	0.01%
	EQIX	A	0.11%	0.02%	0.02%
	EQR	B	0.07%	0.02%	0.02%
	ES	D	0.09%	0.01%	0.01%
	ESS	B	0.05%	0.01%	0.01%
	ETN	A	0.25%	0.03%	0.03%
	ETR	B	0.18%	0.01%	0.01%
	EVRG	A	0.07%	0.01%	0.01%
	EW	C	0.08%	0.03%	0.03%
	EXC	C	0.16%	0.01%	0.01%
	EXP	A	0.02%	0.04%	0.02%
	EXPE	B	0.1%	0.05%	0.05%
	EXR	D	0.08%	0.02%	0.02%
	FANG	D	0.15%	0.04%	0.04%
	FDX	B	0.17%	0.02%	0.02%
	FHN	A	0.03%	0.03%	0.03%
	FIS	C	0.12%	0.03%	0.03%
	FITB	A	0.17%	0.03%	0.03%
	FLEX	A	0.09%	0.03%	0.03%
	FMC	D	0.03%	0.03%	0.03%
	FNF	B	0.08%	0.02%	0.02%
	FOXA	B	0.06%	0.03%	0.03%
	FRT	B	0.02%	0.02%	0.02%
	FTNT	C	0.14%	0.02%	0.02%
	GD	F	0.15%	0.01%	0.01%
	GE	D	0.24%	0.04%	0.04%
	GILD	C	0.24%	0.01%	0.01%
	GIS	D	0.12%	0.04%	0.04%
	GL	B	0.05%	0.02%	0.02%
	GLPI	C	0.03%	0.03%	0.03%
	GM	B	0.16%	0.02%	0.02%
	GOOG	C	0.49%	0.01%	0.01%
	GOOGL	C	1.88%	0.04%	0.04%
	GPC	D	0.09%	0.02%	0.02%
	GPN	B	0.1%	0.02%	0.02%
	GS	A	0.35%	0.05%	0.05%
	H	B	0.03%	0.02%	0.02%
	HAL	C	0.08%	0.06%	0.06%
	HAS	D	0.04%	0.01%	0.01%
	HBAN	A	0.11%	0.02%	0.02%
	HCA	F	0.09%	0.05%	0.05%
	HD	A	0.52%	0.03%	0.03%
	HES	B	0.11%	0.02%	0.02%
	HIG	B	0.23%	0.03%	0.03%
	HII	D	0.04%	0.01%	0.01%
	HON	B	0.25%	0.01%	0.01%
	HPQ	B	0.13%	0.04%	0.04%
	HRB	D	0.01%	0.03%	0.01%
	HRL	D	0.03%	0.01%	0.01%
	HST	C	0.04%	0.03%	0.03%
	HSY	F	0.07%	0.01%	0.01%
	HUBB	B	0.1%	0.01%	0.01%
	HUM	C	0.1%	0.01%	0.01%
	IBM	C	0.36%	0.01%	0.01%
	ICE	C	0.16%	0.03%	0.03%
	IEX	B	0.07%	0.05%	0.05%
	IFF	D	0.07%	0.02%	0.02%
	ILMN	D	0.04%	0.03%	0.03%
	INGR	B	0.02%	0.03%	0.02%
	INTC	D	0.18%	0.05%	0.05%
	INTU	C	0.29%	0.02%	0.02%
	INVH	D	0.05%	0.04%	0.04%
	IPG	D	0.07%	0.02%	0.02%
	ITW	B	0.19%	0.04%	0.04%
	JBL	B	0.08%	0.03%	0.03%
	JCI	C	0.2%	0.02%	0.02%
	JEF	A	0.04%	0.02%	0.02%
	JNJ	D	0.57%	0.01%	0.01%
	JNPR	F	0.06%	0.03%	0.03%
	JPM	A	1.09%	0.01%	0.01%
	K	A	0.09%	0.02%	0.02%
	KDP	D	0.05%	0.03%	0.03%
	KEY	B	0.09%	0.02%	0.02%
	KEYS	A	0.12%	0.03%	0.03%
	KIM	A	0.04%	0.02%	0.02%
	KLAC	D	0.2%	0.04%	0.04%
	KMB	D	0.1%	0.02%	0.02%
	KMI	A	0.18%	0.01%	0.01%
	KO	D	0.34%	0.01%	0.01%
	KR	B	0.26%	0.01%	0.01%
	L	A	0.1%	0.04%	0.04%
	LDOS	C	0.1%	0.05%	0.05%
	LEN	D	0.11%	0.01%	0.01%
	LEN	D	0.01%	0.01%	0.01%
	LH	C	0.11%	0.01%	0.01%
	LHX	C	0.14%	0.01%	0.01%
	LII	A	0.08%	0.02%	0.02%
	LIN	D	0.28%	0.03%	0.03%
	LLY	F	0.89%	0.03%	0.03%
	LMT	D	0.2%	0.04%	0.04%
	LNT	A	0.06%	0.01%	0.01%
	LOW	D	0.22%	0.01%	0.01%
	LRCX	F	0.2%	0.04%	0.04%
	LUV	C	0.02%	0.01%	0.01%
	LVS	C	0.04%	0.04%	0.04%
	LYB	F	0.11%	0.03%	0.03%
	MA	C	0.64%	0.03%	0.03%
	MAA	B	0.05%	0.01%	0.01%
	MAR	B	0.14%	0.01%	0.01%
	MAS	D	0.08%	0.02%	0.02%
	MCD	D	0.29%	0.01%	0.01%
	MCO	B	0.18%	0.02%	0.02%
	MDLZ	F	0.16%	0.02%	0.02%
	MDT	D	0.15%	0.02%	0.02%
	MET	A	0.11%	0.07%	0.07%
	MHK	D	0.01%	0.02%	0.01%
	MKC	D	0.08%	0.01%	0.01%
	MKL	A	0.09%	0.01%	0.01%
	MLM	B	0.14%	0.01%	0.01%
	MMC	B	0.18%	0.04%	0.04%
	MMM	D	0.14%	0.02%	0.02%
	MO	A	0.14%	0.02%	0.02%
	MOS	F	0.04%	0.04%	0.04%
	MPC	D	0.15%	0.04%	0.04%
	MRK	F	0.36%	0.06%	0.06%
	MRO	B	0.09%	0.05%	0.05%
	MRVL	B	0.22%	0.03%	0.03%
	MS	A	0.34%	0.01%	0.01%
	MSFT	F	3.67%	0.23%	0.23%
	MSI	B	0.18%	0.02%	0.02%
	MTB	A	0.15%	0.04%	0.04%
	MU	D	0.21%	0.03%	0.03%
	NDAQ	A	0.11%	0.03%	0.03%
	NEE	D	0.15%	0.01%	0.01%
	NEM	D	0.1%	0.05%	0.05%
	NI	A	0.08%	0.03%	0.03%
	NKE	D	0.14%	0.04%	0.04%
	NNN	D	0.02%	0.01%	0.01%
	NOC	D	0.13%	0.02%	0.02%
	NOW	A	0.21%	0.07%	0.07%
	NSC	B	0.18%	0.01%	0.01%
	NTAP	C	0.14%	0.03%	0.03%
	NTRS	A	0.1%	0.02%	0.02%
	NUE	C	0.17%	0.02%	0.02%
	NVDA	C	3.35%	0.06%	0.06%
	NVR	D	0.18%	0.05%	0.05%
	NVT	B	0.03%	0.02%	0.02%
	NXPI	D	0.13%	0.03%	0.03%
	O	D	0.08%	0.03%	0.03%
	OC	A	0.11%	0.02%	0.02%
	OGE	B	0.01%	0.01%	0.01%
	OHI	C	0.02%	0.01%	0.01%
	OKE	A	0.13%	0.01%	0.01%
	OMC	C	0.12%	0.03%	0.03%
	ORCL	B	0.43%	0.02%	0.02%
	ORLY	B	0.15%	0.01%	0.01%
	OTIS	C	0.12%	0.04%	0.04%
	PCG	A	0.15%	0.01%	0.01%
	PEG	A	0.19%	0.01%	0.01%
	PEP	F	0.33%	0.02%	0.02%
	PFE	D	0.25%	0.03%	0.03%
	PFG	D	0.12%	0.02%	0.02%
	PG	A	0.58%	0.04%	0.04%
	PGR	A	0.2%	0.01%	0.01%
	PH	A	0.23%	0.05%	0.05%
	PHM	D	0.15%	0.03%	0.03%
	PKG	A	0.11%	0.02%	0.02%
	PLD	D	0.15%	0.01%	0.01%
	PM	B	0.22%	0.02%	0.02%
	PNC	B	0.18%	0.01%	0.01%
	PNR	A	0.07%	0.01%	0.01%
	PNW	B	0.06%	0.01%	0.01%
	PPG	F	0.12%	0.02%	0.02%
	PRU	A	0.21%	0.02%	0.02%
	PSA	D	0.07%	0.01%	0.01%
	PSX	C	0.12%	0.04%	0.04%
	PWR	A	0.17%	0.05%	0.05%
	PYPL	B	0.13%	0.05%	0.05%
	QCOM	F	0.33%	0.05%	0.05%
	QRVO	F	0.03%	0.05%	0.03%
	REG	B	0.03%	0.02%	0.02%
	REGN	F	0.14%	0.06%	0.06%
	REXR	F	0.02%	0.01%	0.01%
	RF	A	0.14%	0.03%	0.03%
	RGA	A	0.07%	0.03%	0.03%
	RJF	A	0.13%	0.07%	0.07%
	RL	B	0.03%	0.03%	0.03%
	RNR	C	0.04%	0.01%	0.01%
	ROK	B	0.14%	0.01%	0.01%
	ROP	B	0.13%	0.03%	0.03%
	ROST	C	0.14%	0.02%	0.02%
	RPM	A	0.07%	0.03%	0.03%
	RPRX	D	0.02%	0.02%	0.02%
	RS	B	0.1%	0.02%	0.02%
	RSG	A	0.14%	0.01%	0.01%
	RTX	C	0.29%	0.01%	0.01%
	SBUX	A	0.16%	0.02%	0.02%
	SCHW	B	0.18%	0.01%	0.01%
	SF	B	0.03%	0.02%	0.02%
	SHW	A	0.23%	0.02%	0.02%
	SJM	D	0.05%	0.03%	0.03%
	SLB	C	0.08%	0.05%	0.05%
	SNA	A	0.09%	0.01%	0.01%
	SNX	C	0.02%	0.03%	0.02%
	SO	D	0.18%	0.02%	0.02%
	SPG	B	0.11%	0.01%	0.01%
	SPGI	C	0.24%	0.02%	0.02%
	SRE	A	0.11%	0.03%	0.03%
	STE	F	0.08%	0.05%	0.05%
	STLD	B	0.14%	0.02%	0.02%
	STT	A	0.13%	0.01%	0.01%
	STZ	D	0.12%	0.02%	0.02%
	SUI	D	0.04%	0.01%	0.01%
	SWK	D	0.06%	0.03%	0.03%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.17%	0.03%	0.03%
	SYK	C	0.18%	0.02%	0.02%
	SYY	B	0.12%	0.05%	0.05%
	T	A	0.25%	0.05%	0.05%
	TDY	B	0.08%	0.03%	0.03%
	TFC	A	0.17%	0.02%	0.02%
	TGT	F	0.19%	0.02%	0.02%
	TJX	A	0.24%	0.01%	0.01%
	TMO	F	0.31%	0.03%	0.03%
	TMUS	B	0.23%	0.09%	0.09%
	TRMB	B	0.07%	0.03%	0.03%
	TSCO	D	0.17%	0.03%	0.03%
	TSN	B	0.07%	0.06%	0.06%
	TT	A	0.23%	0.03%	0.03%
	TXN	C	0.33%	0.02%	0.02%
	TXT	D	0.09%	0.01%	0.01%
	UAL	A	0.04%	0.01%	0.01%
	UDR	B	0.04%	0.01%	0.01%
	UHS	D	0.08%	0.04%	0.04%
	UNH	C	0.73%	0.01%	0.01%
	UNM	A	0.05%	0.02%	0.02%
	UNP	C	0.26%	0.02%	0.02%
	UPS	C	0.13%	0.03%	0.03%
	URI	B	0.37%	0.04%	0.04%
	USB	A	0.16%	0.01%	0.01%
	V	A	0.7%	0.03%	0.03%
	VLO	C	0.24%	0.03%	0.03%
	VMC	B	0.14%	0.02%	0.02%
	VRSK	A	0.17%	0.06%	0.06%
	VRSN	F	0.06%	0.04%	0.04%
	VTR	C	0.07%	0.02%	0.02%
	VTRS	A	0.05%	0.04%	0.04%
	VZ	C	0.34%	0.04%	0.04%
	WAB	B	0.13%	0.04%	0.04%
	WBA	F	0.02%	0.02%	0.02%
	WBS	A	0.03%	0.02%	0.02%
	WEC	A	0.11%	0.01%	0.01%
	WELL	A	0.14%	0.01%	0.01%
	WFC	A	0.49%	0.01%	0.01%
	WLK	D	0.02%	0.01%	0.01%
	WM	A	0.25%	0.01%	0.01%
	WMB	A	0.15%	0.01%	0.01%
	WMT	A	0.64%	0.01%	0.01%
	WPC	D	0.03%	0.02%	0.02%
	WTRG	B	0.03%	0.03%	0.03%
	WY	D	0.08%	0.01%	0.01%
	XEL	A	0.15%	0.01%	0.01%
	XOM	B	0.72%	0.01%	0.01%
	XYL	D	0.1%	0.02%	0.02%
	ZBH	C	0.08%	0.05%	0.05%
	ZTS	D	0.14%	0.02%	0.02%

JHML Overweight 374 Positions Relative to VCIT

	Symbol	Grade	Weight
	META	D	1.79%
	BRK.A	B	1.04%
	TSLA	B	0.68%
	CSCO	B	0.4%
	NFLX	A	0.36%
	ACN	C	0.35%
	AMD	F	0.31%
	AMP	A	0.31%
	RCL	A	0.26%
	ISRG	A	0.23%
	FI	A	0.23%
	CBRE	B	0.22%
	PCAR	B	0.22%
	TRV	B	0.21%
	FICO	B	0.21%
	VRTX	F	0.21%
	VST	B	0.21%
	CMG	B	0.2%
	SNPS	B	0.2%
	AJG	B	0.19%
	ELV	F	0.19%
	AME	A	0.18%
	HWM	A	0.18%
	IT	C	0.18%
	FAST	B	0.18%
	CDNS	B	0.18%
	GLW	B	0.17%
	ANET	C	0.17%
	MCK	B	0.17%
	PANW	C	0.17%
	MCHP	D	0.16%
	CTSH	B	0.16%
	GWW	B	0.16%
	COR	B	0.16%
	APO	B	0.16%
	WTW	B	0.15%
	CEG	D	0.15%
	TDG	D	0.15%
	KKR	A	0.15%
	PLTR	B	0.15%
	LNG	B	0.15%
	TRGP	B	0.14%
	IQV	D	0.14%
	APP	B	0.14%
	IR	B	0.14%
	BX	A	0.14%
	FCX	D	0.14%
	DECK	A	0.13%
	RMD	C	0.13%
	HLT	A	0.13%
	PAYX	C	0.13%
	CL	D	0.13%
	VRT	B	0.12%
	MSCI	C	0.12%
	GEHC	F	0.12%
	BKR	B	0.12%
	GRMN	B	0.12%
	CPAY	A	0.12%
	TTD	B	0.12%
	PPL	B	0.12%
	UBER	D	0.12%
	BLDR	D	0.12%
	CNC	D	0.11%
	ON	D	0.11%
	FCNCA	A	0.11%
	LULU	C	0.11%
	TROW	B	0.11%
	ANSS	B	0.11%
	ODFL	B	0.11%
	CRWD	B	0.11%
	IP	B	0.11%
	CPRT	A	0.11%
	YUM	B	0.11%
	GEV	B	0.11%
	MTD	D	0.11%
	TTWO	A	0.1%
	IDXX	F	0.1%
	CDW	F	0.1%
	WAT	B	0.1%
	LPLA	A	0.1%
	WSM	B	0.1%
	HPE	B	0.1%
	ULTA	F	0.1%
	CSGP	D	0.09%
	GDDY	A	0.09%
	BALL	D	0.09%
	WDAY	B	0.09%
	WRB	A	0.09%
	F	C	0.09%
	IRM	D	0.09%
	EXPD	D	0.09%
	BAH	F	0.09%
	HOLX	D	0.09%
	OXY	D	0.09%
	JBHT	C	0.09%
	WDC	D	0.09%
	MNST	C	0.09%
	FE	C	0.09%
	TYL	B	0.09%
	FTV	C	0.09%
	DXCM	D	0.08%
	CTRA	B	0.08%
	SQ	B	0.08%
	VICI	C	0.08%
	DDOG	A	0.08%
	AXON	A	0.08%
	GEN	B	0.08%
	ALLY	C	0.08%
	SPOT	B	0.08%
	TER	D	0.08%
	MOH	F	0.08%
	ARES	A	0.08%
	ZBRA	B	0.08%
	CF	B	0.08%
	STX	D	0.08%
	MPWR	F	0.08%
	WST	C	0.08%
	DASH	A	0.08%
	HUBS	A	0.08%
	EG	C	0.07%
	EWBC	A	0.07%
	SSNC	B	0.07%
	FSLR	F	0.07%
	VEEV	C	0.07%
	TRU	D	0.07%
	COIN	C	0.07%
	SCI	B	0.07%
	KVUE	A	0.07%
	PTC	A	0.07%
	TPR	B	0.07%
	FDS	B	0.07%
	TPL	A	0.07%
	CCL	B	0.07%
	MANH	D	0.06%
	RVTY	F	0.06%
	LBRDK	C	0.06%
	LYV	A	0.06%
	SBAC	D	0.06%
	WSO	A	0.06%
	USFD	A	0.06%
	UTHR	C	0.06%
	KMX	B	0.06%
	NRG	B	0.06%
	AKAM	D	0.06%
	JLL	D	0.06%
	FFIV	B	0.06%
	EME	C	0.06%
	WBD	C	0.06%
	DKS	C	0.06%
	ALNY	D	0.06%
	KHC	F	0.06%
	BURL	A	0.06%
	TEAM	A	0.05%
	CASY	A	0.05%
	ZM	B	0.05%
	CVNA	B	0.05%
	TAP	C	0.05%
	TWLO	A	0.05%
	HSIC	B	0.05%
	FBIN	D	0.05%
	HOOD	B	0.05%
	ROL	B	0.05%
	AVTR	F	0.05%
	EQT	B	0.05%
	NDSN	B	0.05%
	LECO	B	0.05%
	SEIC	B	0.05%
	VLTO	D	0.05%
	POOL	C	0.05%
	JKHY	D	0.05%
	CCK	C	0.05%
	GGG	B	0.05%
	DPZ	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%
	CTLT	B	0.04%
	DAY	B	0.04%
	CLH	B	0.04%
	ORI	A	0.04%
	ERIE	D	0.04%
	XPO	B	0.04%
	CRL	C	0.04%
	AOS	F	0.04%
	SNOW	C	0.04%
	ALV	C	0.04%
	ZS	C	0.04%
	FND	C	0.04%
	ALB	C	0.04%
	BJ	A	0.04%
	BMRN	D	0.04%
	INCY	C	0.04%
	MDB	C	0.04%
	OVV	B	0.04%
	TOL	B	0.04%
	THC	D	0.04%
	NWSA	B	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%
	DVA	B	0.04%
	ARMK	B	0.04%
	EPAM	C	0.04%
	ATR	B	0.04%
	HEI	B	0.04%
	LW	C	0.04%
	SCCO	F	0.03%
	BIO	D	0.03%
	CACI	D	0.03%
	ABNB	C	0.03%
	CG	A	0.03%
	PRI	A	0.03%
	GLOB	B	0.03%
	WYNN	D	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	SAIA	B	0.03%
	WMS	D	0.03%
	GPK	C	0.03%
	MORN	B	0.03%
	OKTA	C	0.03%
	LAMR	D	0.03%
	GNTX	C	0.03%
	TTEK	F	0.03%
	TFX	F	0.03%
	HEI	B	0.03%
	CW	B	0.03%
	BLD	D	0.03%
	TECH	D	0.03%
	KNX	B	0.03%
	DOCU	A	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%
	ITT	A	0.03%
	TTC	D	0.03%
	PAYC	B	0.03%
	WCC	B	0.03%
	RRX	B	0.03%
	Z	A	0.03%
	OLED	D	0.02%
	CIEN	B	0.02%
	RBLX	C	0.02%
	SMCI	F	0.02%
	APA	D	0.02%
	IOT	A	0.02%
	SRPT	D	0.02%
	EGP	F	0.02%
	NTRA	B	0.02%
	BWXT	B	0.02%
	RGEN	D	0.02%
	MUSA	A	0.02%
	CNM	D	0.02%
	MEDP	D	0.02%
	PARA	C	0.02%
	PCTY	B	0.02%
	HLI	B	0.02%
	DINO	D	0.02%
	EXAS	D	0.02%
	FOX	A	0.02%
	NTNX	A	0.02%
	SNAP	C	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%
	FTI	A	0.02%
	DBX	B	0.02%
	BSY	D	0.02%
	SKX	D	0.02%
	MTCH	D	0.02%
	KNSL	B	0.02%
	ACI	C	0.02%
	SOLV	C	0.02%
	LNW	D	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%
	COHR	B	0.02%
	UHAL	D	0.02%
	DCI	B	0.02%
	APPF	B	0.01%
	CR	A	0.01%
	PSN	D	0.01%
	RGLD	C	0.01%
	HALO	F	0.01%
	COTY	F	0.01%
	ATI	D	0.01%
	GAP	C	0.01%
	ENSG	D	0.01%
	ZG	A	0.01%
	CELH	F	0.01%
	PR	B	0.01%
	GMED	A	0.01%
	CBSH	A	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%
	AXTA	A	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%
	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%
	NWS	B	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 108 Positions Relative to VCIT

	Symbol	Grade	Weight
	WIT	A	-0.15%
	DB	D	-0.07%
	BABA	D	-0.07%
	KOF	F	-0.06%
	BMO	A	-0.05%
	ARCC	A	-0.05%
	TD	F	-0.05%
	BHF	B	-0.05%
	AZN	D	-0.05%
	NWG	C	-0.05%
	AGR	B	-0.04%
	AMG	B	-0.04%
	XRAY	F	-0.04%
	PAA	B	-0.04%
	AER	B	-0.04%
	MPLX	A	-0.04%
	ET	A	-0.04%
	GSK	F	-0.04%
	VOD	F	-0.04%
	KEX	C	-0.03%
	KSS	F	-0.03%
	FAF	A	-0.03%
	BNS	A	-0.03%
	SBRA	C	-0.03%
	HP	B	-0.03%
	JD	D	-0.03%
	DXC	B	-0.03%
	FLS	B	-0.03%
	BC	C	-0.03%
	CNO	A	-0.03%
	CMA	A	-0.03%
	AGO	B	-0.03%
	ARW	D	-0.03%
	AAT	B	-0.03%
	BDN	C	-0.03%
	TEL	B	-0.03%
	WB	D	-0.03%
	ZION	B	-0.03%
	VNT	B	-0.03%
	SCS	C	-0.03%
	SON	D	-0.03%
	VFC	C	-0.03%
	EPD	A	-0.03%
	MUFG	B	-0.03%
	TME	D	-0.02%
	R	B	-0.02%
	SKT	B	-0.02%
	SITC	D	-0.02%
	SAFE	D	-0.02%
	AVT	C	-0.02%
	BKU	A	-0.02%
	AN	C	-0.02%
	HR	C	-0.02%
	GXO	B	-0.02%
	EPRT	B	-0.02%
	WU	D	-0.02%
	TKR	D	-0.02%
	RYN	D	-0.02%
	NOV	C	-0.02%
	NHI	D	-0.02%
	DSS	F	-0.02%
	VOYA	B	-0.02%
	VNO	B	-0.02%
	FSK	A	-0.02%
	OSK	B	-0.02%
	MCY	A	-0.02%
	PDM	D	-0.02%
	LEG	F	-0.02%
	LAZ	B	-0.02%
	KRC	C	-0.02%
	PRE	D	-0.02%
	LNC	B	-0.02%
	EPR	D	-0.02%
	CP	D	-0.02%
	LEA	D	-0.02%
	HUN	F	-0.02%
	BIDU	F	-0.02%
	ESGR	B	-0.02%
	GBDC	C	-0.01%
	SAVE	D	-0.01%
	OCSL	F	-0.01%
	PSEC	D	-0.01%
	NEU	C	-0.01%
	OGS	A	-0.01%
	KRG	B	-0.01%
	WTFC	A	-0.01%
	CBT	C	-0.01%
	KMT	B	-0.01%
	THG	A	-0.01%
	CHH	A	-0.01%
	ADC	B	-0.01%
	KMPR	B	-0.01%
	AAL	B	-0.01%
	LXP	D	-0.01%
	NFG	A	-0.01%
	OPI	F	-0.01%
	HPP	F	-0.01%
	BKH	A	-0.01%
	SWX	B	-0.01%
	GP	F	-0.01%
	HIW	D	-0.01%
	FLO	D	-0.01%
	AXS	A	-0.01%
	AAP	C	-0.01%
	AL	B	-0.01%
	WHR	B	-0.01%
	WEST	C	-0.01%
	HSBC	B	-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

VCIT: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Diversified Industrials REIT - Retail Asset Management Drug Manufacturers - Major Insurance - Property & Casualty Banks - Global Packaged Foods REIT - Office Semiconductors Specialty Chemicals Specialty Retail Business Services Credit Services Insurance - Life REIT - Residential Capital Markets Aerospace & Defense Diagnostics & Research

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