JHMM vs. SMLF ETF Comparison

Comparison of John Hancock Multifactor Mid Cap ETF (JHMM) to iShares FactorSelect MSCI USA Small-Cap ETF (SMLF)

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

SMLF

iShares FactorSelect MSCI USA Small-Cap ETF

SMLF Description

The investment seeks to track the investment results of the MSCI USA Small Cap Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The underlying index is designed to select equity securities from MSCI USA Small Cap Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$73.06

Average Daily Volume

71,833

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

Performance

Period	JHMM	SMLF
30 Days	6.45%	10.53%
60 Days	7.02%	10.49%
90 Days	9.13%	11.95%
12 Months	33.74%	40.74%

258 Overlapping Holdings

Symbol	Grade	Weight in JHMM	Weight in SMLF	Overlap
AA	B	0.05%	0.13%	0.05%
ACHC	F	0.07%	0.04%	0.04%
ACI	C	0.09%	0.05%	0.05%
ACM	A	0.22%	0.19%	0.19%
AFRM	B	0.09%	0.07%	0.07%
AGCO	D	0.13%	0.2%	0.13%
AIT	A	0.15%	0.12%	0.12%
AIZ	A	0.19%	0.17%	0.17%
ALLE	D	0.2%	0.16%	0.16%
ALSN	B	0.17%	0.56%	0.17%
ALV	C	0.16%	0.08%	0.08%
AM	A	0.05%	0.37%	0.05%
AMH	D	0.12%	0.25%	0.12%
AN	C	0.16%	0.24%	0.16%
ANF	C	0.09%	0.3%	0.09%
APA	D	0.09%	0.22%	0.09%
APG	B	0.11%	0.09%	0.09%
APP	B	0.35%	1.49%	0.35%
APPF	B	0.05%	0.06%	0.05%
AR	B	0.12%	0.21%	0.12%
ARW	D	0.15%	0.18%	0.15%
ATI	D	0.07%	0.14%	0.07%
AXON	A	0.27%	0.66%	0.27%
AXS	A	0.04%	0.01%	0.01%
AXTA	A	0.14%	0.03%	0.03%
AYI	B	0.17%	0.35%	0.17%
AZEK	A	0.05%	0.06%	0.05%
BBWI	D	0.08%	0.2%	0.08%
BECN	B	0.02%	0.1%	0.02%
BERY	B	0.18%	0.1%	0.1%
BILL	A	0.09%	0.04%	0.04%
BJ	A	0.19%	0.16%	0.16%
BLD	D	0.19%	0.21%	0.19%
BMI	B	0.05%	0.16%	0.05%
BPMC	C	0.03%	0.13%	0.03%
BPOP	B	0.11%	0.53%	0.11%
BRBR	A	0.09%	0.06%	0.06%
BRKR	D	0.1%	0.14%	0.1%
BRX	A	0.09%	0.37%	0.09%
BSY	D	0.08%	0.12%	0.08%
BWXT	B	0.14%	0.13%	0.13%
CACC	D	0.04%	0.08%	0.04%
CACI	D	0.18%	0.02%	0.02%
CASY	A	0.26%	0.06%	0.06%
CBSH	A	0.14%	0.24%	0.14%
CELH	F	0.03%	0.04%	0.03%
CFR	B	0.12%	0.25%	0.12%
CHDN	B	0.13%	0.1%	0.1%
CHE	D	0.13%	0.3%	0.13%
CHRD	D	0.08%	0.03%	0.03%
CHWY	B	0.02%	0.03%	0.02%
CHX	C	0.06%	0.11%	0.06%
CIEN	B	0.21%	0.03%	0.03%
CLH	B	0.21%	0.07%	0.07%
CMA	A	0.17%	0.0%	0.0%
CMC	B	0.12%	0.14%	0.12%
CNM	D	0.1%	0.36%	0.1%
COKE	C	0.09%	0.22%	0.09%
COTY	F	0.04%	0.06%	0.04%
CR	A	0.11%	0.35%	0.11%
CROX	D	0.1%	0.19%	0.1%
CRS	A	0.04%	0.09%	0.04%
CRUS	D	0.05%	0.11%	0.05%
CSL	C	0.27%	0.41%	0.27%
CUBE	D	0.11%	0.11%	0.11%
CVLT	B	0.05%	0.08%	0.05%
CVNA	B	0.17%	0.46%	0.17%
CW	B	0.17%	0.23%	0.17%
CYTK	F	0.04%	0.11%	0.04%
DCI	B	0.16%	0.18%	0.16%
DDS	B	0.03%	0.31%	0.03%
DECK	A	0.31%	0.72%	0.31%
DINO	D	0.1%	0.01%	0.01%
DKS	C	0.17%	0.38%	0.17%
DOCS	C	0.04%	0.15%	0.04%
DTM	B	0.1%	0.2%	0.1%
DUOL	A	0.09%	0.44%	0.09%
EDR	A	0.06%	0.02%	0.02%
EGP	F	0.08%	0.09%	0.08%
EHC	B	0.2%	0.05%	0.05%
ELAN	D	0.11%	0.08%	0.08%
ELF	C	0.06%	0.2%	0.06%
EME	C	0.3%	0.94%	0.3%
ENSG	D	0.12%	0.14%	0.12%
ENTG	D	0.17%	0.23%	0.17%
ESAB	B	0.09%	0.18%	0.09%
ESI	A	0.05%	0.15%	0.05%
ESTC	C	0.06%	0.26%	0.06%
ETSY	D	0.05%	0.2%	0.05%
EVR	B	0.11%	0.81%	0.11%
EWBC	A	0.26%	0.39%	0.26%
EXEL	B	0.19%	0.24%	0.19%
EXLS	B	0.06%	0.23%	0.06%
FAF	A	0.12%	0.16%	0.12%
FCN	D	0.09%	0.04%	0.04%
FCNCA	A	0.33%	0.27%	0.27%
FHN	A	0.13%	0.04%	0.04%
FIX	A	0.17%	0.44%	0.17%
FLEX	A	0.42%	0.31%	0.31%
FLR	B	0.08%	0.08%	0.08%
FN	D	0.09%	0.06%	0.06%
FR	C	0.07%	0.31%	0.07%
FYBR	D	0.15%	0.13%	0.13%
GAP	C	0.07%	0.23%	0.07%
GGG	B	0.2%	0.3%	0.2%
GKOS	B	0.03%	0.07%	0.03%
GLPI	C	0.13%	0.18%	0.13%
GME	C	0.05%	0.16%	0.05%
GMED	A	0.14%	0.03%	0.03%
GNRC	B	0.15%	0.15%	0.15%
GPK	C	0.14%	0.26%	0.14%
GTLB	B	0.05%	0.39%	0.05%
GWRE	A	0.22%	0.01%	0.01%
HALO	F	0.09%	0.24%	0.09%
HAS	D	0.14%	0.19%	0.14%
HLI	B	0.12%	0.18%	0.12%
HQY	B	0.1%	0.01%	0.01%
HRB	D	0.11%	0.4%	0.11%
IBKR	A	0.21%	0.45%	0.21%
IBP	D	0.05%	0.04%	0.04%
INSM	C	0.04%	0.1%	0.04%
IONS	F	0.03%	0.14%	0.03%
IOT	A	0.04%	0.41%	0.04%
ITCI	C	0.06%	0.06%	0.06%
ITT	A	0.2%	0.31%	0.2%
IVZ	B	0.12%	0.1%	0.1%
JBL	B	0.24%	0.55%	0.24%
JEF	A	0.22%	0.4%	0.22%
JXN	C	0.09%	0.0%	0.0%
KBR	F	0.11%	0.12%	0.11%
KIM	A	0.15%	0.16%	0.15%
KNSL	B	0.14%	0.18%	0.14%
LAMR	D	0.13%	0.33%	0.13%
LBRDA	C	0.02%	0.4%	0.02%
LECO	B	0.16%	0.05%	0.05%
LFUS	F	0.12%	0.05%	0.05%
LNTH	D	0.04%	0.17%	0.04%
LNW	D	0.12%	0.17%	0.12%
LPX	B	0.07%	0.41%	0.07%
LSCC	D	0.09%	0.23%	0.09%
LSTR	D	0.11%	0.1%	0.1%
MANH	D	0.21%	0.5%	0.21%
MASI	A	0.11%	0.08%	0.08%
MAT	D	0.11%	0.12%	0.11%
MEDP	D	0.11%	0.38%	0.11%
MIDD	C	0.12%	0.08%	0.08%
MKSI	C	0.14%	0.08%	0.08%
MLI	C	0.1%	0.49%	0.1%
MOD	A	0.04%	0.25%	0.04%
MOG.A	B	0.04%	0.03%	0.03%
MSA	D	0.08%	0.02%	0.02%
MTG	C	0.05%	0.09%	0.05%
MTN	C	0.11%	0.09%	0.09%
MTSI	B	0.08%	0.09%	0.08%
MUR	D	0.08%	0.19%	0.08%
NDSN	B	0.17%	0.18%	0.17%
NNN	D	0.08%	0.1%	0.08%
NOV	C	0.08%	0.12%	0.08%
NOVT	D	0.08%	0.14%	0.08%
NSIT	F	0.08%	0.06%	0.06%
NTNX	A	0.1%	0.56%	0.1%
NTRA	B	0.13%	0.4%	0.13%
NVT	B	0.17%	0.49%	0.17%
NXST	C	0.14%	0.07%	0.07%
NYT	C	0.13%	0.12%	0.12%
OC	A	0.39%	0.18%	0.18%
OGE	B	0.15%	0.12%	0.12%
OHI	C	0.1%	0.09%	0.09%
OLED	D	0.13%	0.03%	0.03%
OMF	A	0.05%	0.16%	0.05%
ONTO	D	0.1%	0.15%	0.1%
ORI	A	0.17%	0.41%	0.17%
OVV	B	0.18%	0.25%	0.18%
PARA	C	0.05%	0.11%	0.05%
PATH	C	0.04%	0.05%	0.04%
PCOR	B	0.05%	0.42%	0.05%
PCTY	B	0.11%	0.14%	0.11%
PCVX	D	0.07%	0.09%	0.07%
PEGA	A	0.03%	0.08%	0.03%
PEN	B	0.08%	0.07%	0.07%
PLNT	A	0.09%	0.09%	0.09%
PNFP	B	0.13%	0.1%	0.1%
PR	B	0.1%	0.02%	0.02%
PRI	A	0.16%	0.28%	0.16%
PSTG	D	0.16%	0.29%	0.16%
PVH	C	0.07%	0.17%	0.07%
R	B	0.08%	0.28%	0.08%
RBRK	A	0.01%	0.01%	0.01%
RGEN	D	0.09%	0.08%	0.08%
RGLD	C	0.11%	0.14%	0.11%
RHI	B	0.15%	0.17%	0.15%
RHP	B	0.05%	0.01%	0.01%
RKT	F	0.01%	0.03%	0.01%
RL	B	0.14%	0.15%	0.14%
RLI	B	0.1%	0.03%	0.03%
RNR	C	0.22%	0.21%	0.21%
ROIV	C	0.03%	0.01%	0.01%
ROKU	D	0.09%	0.04%	0.04%
RPM	A	0.19%	0.22%	0.19%
RRC	B	0.12%	0.19%	0.12%
RRX	B	0.16%	0.2%	0.16%
RS	B	0.24%	0.49%	0.24%
RVMD	C	0.05%	0.04%	0.04%
S	B	0.06%	0.06%	0.06%
SAIA	B	0.18%	0.12%	0.12%
SCI	B	0.29%	0.14%	0.14%
SF	B	0.2%	0.17%	0.17%
SFM	A	0.15%	0.6%	0.15%
SITE	D	0.08%	0.05%	0.05%
SMAR	A	0.06%	0.26%	0.06%
SN	D	0.05%	0.27%	0.05%
SNV	B	0.04%	0.05%	0.04%
SOFI	A	0.11%	0.06%	0.06%
SOLV	C	0.08%	0.31%	0.08%
SON	D	0.11%	0.09%	0.09%
SPSC	C	0.08%	0.11%	0.08%
SRPT	D	0.08%	0.2%	0.08%
SSB	B	0.1%	0.02%	0.02%
SSD	D	0.1%	0.14%	0.1%
STAG	F	0.07%	0.04%	0.04%
THC	D	0.23%	0.31%	0.23%
THO	B	0.06%	0.13%	0.06%
TKR	D	0.08%	0.17%	0.08%
TMHC	B	0.1%	0.09%	0.09%
TOL	B	0.31%	0.16%	0.16%
TOST	B	0.12%	0.21%	0.12%
TPR	B	0.26%	0.3%	0.26%
TPX	B	0.12%	0.24%	0.12%
TREX	C	0.11%	0.24%	0.11%
TTC	D	0.13%	0.14%	0.13%
TTEK	F	0.13%	0.29%	0.13%
TXRH	C	0.18%	0.07%	0.07%
UFPI	B	0.13%	0.23%	0.13%
UNM	A	0.21%	0.0%	0.0%
USFD	A	0.27%	0.18%	0.18%
UTHR	C	0.3%	0.38%	0.3%
VFC	C	0.05%	0.08%	0.05%
VKTX	F	0.03%	0.06%	0.03%
VNO	B	0.04%	0.41%	0.04%
VOYA	B	0.13%	0.17%	0.13%
VRNS	D	0.02%	0.1%	0.02%
WAL	B	0.18%	0.1%	0.1%
WBS	A	0.16%	0.05%	0.05%
WCC	B	0.21%	0.2%	0.2%
WEX	D	0.12%	0.09%	0.09%
WFRD	D	0.07%	0.35%	0.07%
WH	B	0.14%	0.12%	0.12%
WING	D	0.08%	0.36%	0.08%
WMS	D	0.13%	0.1%	0.1%
WSC	D	0.11%	0.09%	0.09%
WSM	B	0.25%	0.42%	0.25%
WSO	A	0.17%	0.31%	0.17%
WTFC	A	0.13%	0.02%	0.02%
WTS	B	0.07%	0.12%	0.07%
WYNN	D	0.1%	0.07%	0.07%
X	C	0.15%	0.1%	0.1%
XPO	B	0.21%	0.17%	0.17%
ZION	B	0.17%	0.24%	0.17%

JHMM Overweight 381 Positions Relative to SMLF

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%
HIG	B	0.43%
SYF	B	0.43%
PWR	A	0.42%
IT	C	0.4%
PHM	D	0.4%
ETR	B	0.39%
RCL	A	0.37%
CBRE	B	0.37%
FITB	A	0.36%
WAB	B	0.36%
NVR	D	0.36%
MTB	A	0.36%
TSCO	D	0.35%
DOV	A	0.35%
EIX	B	0.35%
VRSK	A	0.35%
LNG	B	0.35%
BLDR	D	0.34%
FANG	D	0.34%
COR	B	0.33%
TPL	A	0.33%
ACGL	D	0.33%
VRT	B	0.32%
ROK	B	0.32%
WTW	B	0.32%
HPE	B	0.32%
RMD	C	0.32%
RJF	A	0.32%
EBAY	D	0.31%
LH	C	0.31%
ANSS	B	0.31%
KEYS	A	0.31%
EQH	B	0.31%
IR	B	0.31%
GLW	B	0.31%
STLD	B	0.31%
DFS	B	0.31%
TTWO	A	0.31%
DGX	A	0.3%
HUBB	B	0.3%
LPLA	A	0.29%
NDAQ	A	0.29%
NTAP	C	0.29%
MLM	B	0.29%
RF	A	0.29%
IRM	D	0.29%
BR	A	0.29%
BKR	B	0.29%
GRMN	B	0.29%
NI	A	0.28%
EXR	D	0.28%
CAH	B	0.28%
STT	A	0.28%
SNA	A	0.27%
CDW	F	0.27%
FFIV	B	0.27%
ZBRA	B	0.27%
MPWR	F	0.26%
GDDY	A	0.26%
HBAN	A	0.26%
EFX	F	0.26%
FSLR	F	0.26%
IP	B	0.26%
OMC	C	0.26%
CPAY	A	0.26%
KR	B	0.26%
TYL	B	0.26%
VTRS	A	0.26%
HOLX	D	0.25%
EVRG	A	0.25%
MTD	D	0.25%
PCG	A	0.25%
CNP	B	0.25%
ZBH	C	0.25%
BBY	D	0.25%
TRMB	B	0.25%
WDC	D	0.25%
PNR	A	0.25%
PFG	D	0.25%
VMC	B	0.25%
PTC	A	0.24%
GEN	B	0.24%
RGA	A	0.24%
BAH	F	0.24%
ALLY	C	0.24%
WST	C	0.24%
COHR	B	0.24%
LII	A	0.24%
DRI	B	0.23%
WEC	A	0.23%
TDY	B	0.23%
PKG	A	0.23%
JNPR	F	0.23%
CFG	B	0.23%
STE	F	0.23%
AEE	A	0.23%
BRO	B	0.23%
MKL	A	0.22%
FDS	B	0.22%
MRO	B	0.22%
TER	D	0.22%
CHD	B	0.22%
NRG	B	0.22%
JLL	D	0.22%
HUBS	A	0.22%
LDOS	C	0.22%
MOH	F	0.22%
XYL	D	0.22%
EXPD	D	0.22%
UHS	D	0.22%
CINF	A	0.21%
ULTA	F	0.21%
WAT	B	0.21%
PFGC	B	0.21%
BURL	A	0.21%
TROW	B	0.21%
IPG	D	0.21%
SSNC	B	0.21%
DTE	C	0.21%
DOX	D	0.21%
FTV	C	0.2%
AKAM	D	0.2%
ALNY	D	0.2%
PPL	B	0.2%
EXPE	B	0.2%
FE	C	0.2%
PNW	B	0.2%
NTRS	A	0.2%
CTRA	B	0.2%
INGR	B	0.19%
PODD	C	0.19%
EMN	D	0.19%
ATO	A	0.19%
LAD	A	0.19%
FOXA	B	0.19%
GPC	D	0.19%
AVY	D	0.19%
LNT	A	0.19%
BG	F	0.19%
L	A	0.19%
TWLO	A	0.19%
CMS	C	0.19%
KEY	B	0.19%
WRB	A	0.19%
HOOD	B	0.18%
TXT	D	0.18%
SWKS	F	0.18%
ARES	A	0.18%
RVTY	F	0.18%
ATR	B	0.18%
CLX	B	0.18%
DOCU	A	0.18%
STX	D	0.18%
JBHT	C	0.18%
CHRW	C	0.18%
CMI	A	0.18%
FBIN	D	0.18%
BALL	D	0.18%
AFG	A	0.18%
HAL	C	0.18%
CRL	C	0.18%
FNF	B	0.18%
AWK	D	0.18%
K	A	0.18%
ZM	B	0.17%
MAS	D	0.17%
CCL	B	0.17%
CCK	C	0.17%
NCLH	B	0.17%
IEX	B	0.17%
HSIC	B	0.17%
CF	B	0.17%
EQT	B	0.17%
JKHY	D	0.17%
ES	D	0.17%
ARMK	B	0.17%
KMX	B	0.17%
VICI	C	0.17%
GL	B	0.17%
LYB	F	0.17%
DAY	B	0.16%
SWK	D	0.16%
WY	D	0.16%
VTR	C	0.16%
NWSA	B	0.16%
DLTR	F	0.16%
SEIC	B	0.16%
NBIX	C	0.16%
TSN	B	0.16%
POOL	C	0.16%
EG	C	0.16%
AMCR	D	0.15%
UAL	A	0.15%
DVA	B	0.15%
EQR	B	0.15%
WWD	B	0.15%
TRU	D	0.15%
CBOE	B	0.15%
TECH	D	0.15%
TAP	C	0.15%
GLOB	B	0.15%
LKQ	D	0.15%
BWA	D	0.15%
KNX	B	0.15%
DPZ	C	0.15%
IFF	D	0.15%
AVTR	F	0.15%
AVB	B	0.15%
JAZZ	B	0.14%
VLTO	D	0.14%
FND	C	0.14%
DAL	C	0.14%
OSK	B	0.14%
EPAM	C	0.14%
AOS	F	0.14%
MUSA	A	0.14%
CTLT	B	0.14%
GPN	B	0.14%
LW	C	0.14%
UDR	B	0.14%
VRSN	F	0.14%
MKC	D	0.14%
SJM	D	0.14%
MKTX	D	0.13%
SW	A	0.13%
EXP	A	0.13%
CPT	B	0.13%
CPB	D	0.13%
LYV	A	0.13%
INCY	C	0.13%
TFX	F	0.13%
Z	A	0.13%
REG	B	0.13%
SKX	D	0.13%
G	B	0.13%
BMRN	D	0.12%
MOS	F	0.12%
POST	C	0.12%
LBRDK	C	0.12%
CAG	D	0.12%
ST	F	0.12%
HST	C	0.12%
SAIC	F	0.12%
CLF	F	0.12%
MORN	B	0.12%
ESS	B	0.12%
QRVO	F	0.12%
ELS	C	0.12%
J	F	0.12%
DD	D	0.12%
MTZ	B	0.12%
GNTX	C	0.12%
HII	D	0.12%
PPG	F	0.12%
INVH	D	0.12%
AES	F	0.12%
DBX	B	0.11%
UHAL	D	0.11%
HEI	B	0.11%
LEA	D	0.11%
FTI	A	0.11%
DT	C	0.11%
BIO	D	0.11%
CG	A	0.11%
SBAC	D	0.11%
ARE	D	0.11%
WTRG	B	0.11%
GXO	B	0.11%
BAX	D	0.11%
ROL	B	0.11%
MAA	B	0.11%
DAR	C	0.11%
MHK	D	0.11%
NET	B	0.11%
BXP	D	0.11%
ERIE	D	0.11%
WHR	B	0.11%
PAYC	B	0.11%
DOC	D	0.1%
WPC	D	0.1%
CE	F	0.1%
PINS	D	0.1%
MTDR	B	0.1%
CGNX	C	0.1%
RBLX	C	0.1%
HPQ	B	0.1%
PB	A	0.1%
ALGN	D	0.1%
MDB	C	0.09%
WBD	C	0.09%
HEI	B	0.09%
ZS	C	0.09%
TW	A	0.09%
REXR	F	0.09%
SNX	C	0.09%
FOX	A	0.09%
CNH	C	0.09%
VEEV	C	0.09%
SUI	D	0.09%
EXAS	D	0.09%
DKNG	B	0.09%
RBC	A	0.09%
FRT	B	0.09%
AAON	B	0.09%
FMC	D	0.08%
H	B	0.08%
BEN	C	0.08%
ESNT	D	0.08%
MTCH	D	0.08%
ICLR	D	0.08%
OKTA	C	0.08%
ALB	C	0.08%
FLS	B	0.08%
CRBG	B	0.08%
DLB	B	0.08%
AMKR	D	0.07%
PAG	B	0.07%
CIVI	D	0.07%
NWS	B	0.07%
ADC	B	0.07%
ENPH	F	0.07%
ILMN	D	0.07%
HLNE	B	0.07%
RPRX	D	0.07%
WLK	D	0.06%
SIGI	C	0.06%
BFAM	D	0.06%
COLD	D	0.06%
FOUR	B	0.06%
ADTN	A	0.06%
CHH	A	0.06%
TKO	B	0.06%
HRL	D	0.06%
SMCI	F	0.05%
BOKF	B	0.05%
PSN	D	0.05%
TRNO	F	0.05%
SNAP	C	0.05%
ALTR	B	0.05%
SUM	B	0.05%
ONB	B	0.05%
ENLC	A	0.04%
CSGP	D	0.04%
ZWS	B	0.04%
HCP	B	0.04%
PPC	C	0.04%
CFLT	B	0.04%
LUV	C	0.04%
U	C	0.04%
AAL	B	0.03%
NEU	C	0.03%
AUR	C	0.03%
FRPT	B	0.03%
CWST	A	0.03%
WMG	C	0.03%
RCM	F	0.03%
UI	A	0.02%
CNA	B	0.02%
VERX	B	0.02%
INFA	D	0.02%
CWAN	B	0.02%
REYN	D	0.02%
LEVI	F	0.02%
ZG	A	0.02%
SMMT	D	0.01%
BIRK	D	0.01%
KEX	C	0.01%
SIRI	C	0.01%
NPAB	B	0.01%
UHAL	D	0.01%
KNTK	B	0.01%
STEP	B	0.01%
UWMC	D	0.0%

JHMM Underweight 552 Positions Relative to SMLF

Symbol	Grade	Weight
MSTR	C	-0.73%
SLG	B	-0.49%
IDA	A	-0.46%
COCO	B	-0.43%
COOP	B	-0.41%
POWL	C	-0.38%
PIPR	B	-0.34%
CAVA	B	-0.34%
WK	B	-0.34%
JHG	A	-0.31%
HSII	B	-0.31%
MAC	B	-0.31%
ALKS	B	-0.3%
SPXC	A	-0.3%
CORT	B	-0.3%
EXE	B	-0.29%
STRL	B	-0.29%
AGO	B	-0.27%
INTA	A	-0.27%
SIG	B	-0.26%
HURN	B	-0.25%
CPRX	C	-0.24%
RMBS	C	-0.24%
SKT	B	-0.24%
IMKTA	C	-0.24%
AMG	B	-0.23%
YOU	D	-0.23%
BCC	B	-0.22%
SANM	B	-0.22%
GPI	A	-0.22%
WS	B	-0.22%
AXSM	B	-0.22%
MATX	C	-0.21%
AZPN	A	-0.21%
LIVN	F	-0.2%
RDDT	B	-0.2%
XRAY	F	-0.2%
ATKR	C	-0.2%
DNLI	D	-0.2%
HAE	C	-0.2%
TPG	A	-0.2%
LUMN	C	-0.2%
TEX	D	-0.19%
M	D	-0.19%
RNG	B	-0.19%
SMG	D	-0.19%
JOE	F	-0.19%
NAVI	C	-0.19%
GH	B	-0.19%
PRGS	A	-0.18%
XRX	F	-0.18%
TDOC	C	-0.18%
VCYT	B	-0.18%
HIW	D	-0.18%
FROG	C	-0.18%
AVNT	B	-0.18%
MMYT	B	-0.17%
ACLX	C	-0.17%
BRC	D	-0.17%
PDM	D	-0.17%
PRG	C	-0.17%
KRG	B	-0.17%
EXTR	B	-0.17%
PRKS	C	-0.17%
JBSS	D	-0.17%
IVT	B	-0.16%
SRCE	B	-0.16%
BL	B	-0.16%
WTM	A	-0.16%
SLM	A	-0.16%
LRN	A	-0.16%
CVCO	A	-0.16%
TNL	A	-0.16%
CNO	A	-0.16%
AGNC	D	-0.16%
PGRE	F	-0.16%
KFRC	D	-0.16%
GATX	A	-0.15%
LBTYA	B	-0.15%
SBGI	B	-0.15%
HOG	D	-0.15%
ONON	A	-0.15%
XNCR	B	-0.15%
GES	F	-0.15%
W	F	-0.15%
VMI	B	-0.15%
FTAI	B	-0.15%
SPB	C	-0.15%
ABG	B	-0.15%
CWEN	C	-0.15%
SKY	A	-0.15%
AMR	C	-0.14%
UMBF	B	-0.14%
VSTO	A	-0.14%
IGT	F	-0.14%
BANF	B	-0.14%
MMSI	B	-0.14%
PI	D	-0.14%
NJR	A	-0.14%
UA	C	-0.14%
YEXT	A	-0.14%
AY	B	-0.14%
SPT	C	-0.14%
TPH	D	-0.14%
BLKB	B	-0.13%
VMEO	B	-0.13%
IPAR	B	-0.13%
NFG	A	-0.13%
TNET	D	-0.13%
ACCO	C	-0.13%
OGS	A	-0.13%
BRZE	C	-0.13%
GOLF	B	-0.13%
RYAN	B	-0.13%
KAI	A	-0.13%
BDN	C	-0.13%
QLYS	C	-0.13%
SFBS	B	-0.13%
NUVL	D	-0.13%
SR	A	-0.12%
INSP	D	-0.12%
AROC	B	-0.12%
AWR	B	-0.12%
GEO	B	-0.12%
BASE	C	-0.12%
SATS	D	-0.12%
ACLS	F	-0.12%
GFF	A	-0.12%
BKE	B	-0.12%
KRC	C	-0.12%
WEN	D	-0.12%
CBT	C	-0.12%
WAFD	B	-0.12%
NTCT	C	-0.11%
FHI	A	-0.11%
TXNM	A	-0.11%
LAZ	B	-0.11%
IBOC	A	-0.11%
SSTK	F	-0.11%
PTEN	C	-0.11%
OII	B	-0.11%
DFIN	D	-0.11%
LOVE	B	-0.11%
MFA	D	-0.11%
ACAD	D	-0.11%
HTH	B	-0.11%
CARG	C	-0.11%
BAND	B	-0.11%
ODP	F	-0.11%
APOG	B	-0.11%
CXW	B	-0.11%
MCB	B	-0.11%
MDGL	B	-0.11%
NSP	D	-0.11%
BCRX	D	-0.11%
KW	B	-0.1%
MTRN	C	-0.1%
ASB	B	-0.1%
HP	B	-0.1%
ACA	A	-0.1%
DNOW	B	-0.1%
EXPI	C	-0.1%
UGI	A	-0.1%
CRDO	B	-0.1%
VECO	F	-0.1%
CRC	B	-0.1%
HUN	F	-0.1%
ICFI	F	-0.1%
HOV	D	-0.1%
SYNA	C	-0.1%
ALX	D	-0.1%
LYFT	C	-0.1%
CMPR	D	-0.1%
AGM	C	-0.1%
KLIC	B	-0.1%
HIMS	B	-0.1%
EEFT	B	-0.09%
VSH	D	-0.09%
CXT	B	-0.09%
PHIN	A	-0.09%
JACK	D	-0.09%
MRC	B	-0.09%
HEES	B	-0.09%
ATEN	B	-0.09%
PBH	A	-0.09%
HI	C	-0.09%
LGND	B	-0.09%
CAR	C	-0.09%
VERA	B	-0.09%
LZ	D	-0.09%
FLG	C	-0.09%
IDCC	A	-0.09%
BC	C	-0.09%
ALIT	C	-0.09%
TGNA	B	-0.09%
INVA	D	-0.09%
COUR	F	-0.09%
UPBD	B	-0.09%
DVAX	C	-0.09%
AMLX	C	-0.09%
OLN	D	-0.09%
CUBI	C	-0.09%
EXPO	D	-0.09%
VC	D	-0.08%
FIVN	C	-0.08%
TENB	C	-0.08%
LILA	D	-0.08%
OPCH	D	-0.08%
HWC	B	-0.08%
VIR	D	-0.08%
OZK	B	-0.08%
CAL	D	-0.08%
SCS	C	-0.08%
OSCR	D	-0.08%
FHB	A	-0.08%
PD	C	-0.08%
YETI	C	-0.08%
KN	B	-0.08%
GMS	B	-0.08%
WOR	F	-0.08%
DLX	B	-0.08%
BOX	B	-0.08%
NSSC	D	-0.08%
AGX	B	-0.08%
CUZ	B	-0.08%
KSS	F	-0.08%
CARS	B	-0.08%
BDC	B	-0.08%
CSWI	A	-0.08%
CNMD	C	-0.07%
UNIT	B	-0.07%
EQC	B	-0.07%
DH	D	-0.07%
HASI	D	-0.07%
AMRX	C	-0.07%
EYPT	F	-0.07%
MATV	D	-0.07%
VAC	B	-0.07%
RIG	D	-0.07%
AMPH	D	-0.07%
LXP	D	-0.07%
POR	C	-0.07%
AMPL	C	-0.07%
FLNC	C	-0.07%
WLY	B	-0.07%
NBR	C	-0.07%
EPAC	B	-0.07%
NTB	B	-0.07%
DOMO	C	-0.07%
GCO	B	-0.07%
ASH	D	-0.07%
KNF	A	-0.07%
PLUS	F	-0.07%
SM	B	-0.07%
SNEX	B	-0.07%
NARI	C	-0.07%
CEIX	A	-0.07%
WNC	C	-0.07%
NVST	B	-0.06%
CC	C	-0.06%
AVXL	B	-0.06%
YELP	C	-0.06%
OXM	D	-0.06%
AVDX	B	-0.06%
GPMT	C	-0.06%
TNC	D	-0.06%
NXT	C	-0.06%
ILPT	D	-0.06%
HWKN	B	-0.06%
AMCX	C	-0.06%
HCC	B	-0.06%
CNX	A	-0.06%
TRN	C	-0.06%
STWD	C	-0.06%
MCY	A	-0.06%
CTBI	B	-0.06%
MPW	F	-0.06%
RUSHA	C	-0.06%
FUN	C	-0.06%
ASO	F	-0.06%
LADR	B	-0.06%
FLO	D	-0.06%
RDN	C	-0.06%
WTTR	B	-0.06%
IRTC	D	-0.06%
RYN	D	-0.06%
ADEA	D	-0.06%
BCO	D	-0.06%
SFL	D	-0.06%
AIV	C	-0.06%
ADMA	B	-0.06%
OTTR	C	-0.06%
HE	C	-0.06%
UVV	B	-0.06%
KD	B	-0.06%
MED	F	-0.06%
FOLD	F	-0.05%
AVAV	D	-0.05%
ITGR	B	-0.05%
FFIN	B	-0.05%
CVBF	A	-0.05%
SONO	C	-0.05%
PZZA	D	-0.05%
ITRI	B	-0.05%
LBTYK	A	-0.05%
TILE	B	-0.05%
BEAM	D	-0.05%
CERS	C	-0.05%
AEO	F	-0.05%
BLMN	F	-0.05%
AMBC	C	-0.05%
HOUS	D	-0.05%
MERC	F	-0.05%
KOS	F	-0.05%
TARS	B	-0.05%
SMTC	B	-0.05%
ZIP	F	-0.05%
VNT	B	-0.05%
THR	B	-0.05%
APLS	D	-0.05%
ASAN	C	-0.05%
WBA	F	-0.05%
PK	B	-0.05%
MDXG	B	-0.05%
WGO	C	-0.05%
CENTA	C	-0.05%
ARWR	F	-0.04%
MAN	D	-0.04%
HPP	F	-0.04%
MDU	D	-0.04%
DAWN	F	-0.04%
CORZ	A	-0.04%
PFSI	D	-0.04%
KREF	D	-0.04%
OUT	A	-0.04%
DIN	C	-0.04%
PRGO	B	-0.04%
LPG	F	-0.04%
FLYW	C	-0.04%
AGS	A	-0.04%
IDT	B	-0.04%
ENS	D	-0.04%
SANA	F	-0.04%
TPB	B	-0.04%
SAH	A	-0.04%
ANAB	F	-0.04%
NATL	B	-0.04%
HELE	C	-0.04%
KLG	C	-0.04%
AGYS	A	-0.04%
ARRY	C	-0.04%
CFFN	B	-0.04%
OMI	F	-0.04%
HLF	C	-0.04%
ANGI	D	-0.04%
NHI	D	-0.04%
HSTM	B	-0.04%
MMS	F	-0.04%
BCPC	B	-0.04%
TDS	B	-0.04%
IOSP	B	-0.04%
RCUS	F	-0.04%
JANX	C	-0.03%
SWIM	C	-0.03%
ALHC	C	-0.03%
VIAV	B	-0.03%
ALRM	C	-0.03%
RDFN	D	-0.03%
ADT	C	-0.03%
LTH	C	-0.03%
SUPN	C	-0.03%
FL	F	-0.03%
VNDA	C	-0.03%
RGNX	F	-0.03%
EVTC	B	-0.03%
VCEL	B	-0.03%
NX	C	-0.03%
EMBC	C	-0.03%
DNB	B	-0.03%
TGTX	B	-0.03%
BBIO	F	-0.03%
QXO	D	-0.03%
OFIX	B	-0.03%
XHR	B	-0.03%
VIRT	B	-0.03%
QDEL	F	-0.03%
REVG	B	-0.03%
SNBR	F	-0.03%
RYI	C	-0.03%
IESC	B	-0.03%
UDMY	F	-0.03%
ARCH	B	-0.03%
SLAB	D	-0.03%
BRSP	B	-0.03%
CDP	C	-0.03%
MGNI	A	-0.03%
HNI	B	-0.03%
AMN	F	-0.03%
ACCD	D	-0.03%
VITL	D	-0.03%
CGEM	F	-0.03%
IVR	F	-0.03%
TCBI	B	-0.03%
RPD	C	-0.03%
SPRY	D	-0.03%
ATRC	C	-0.03%
CNS	B	-0.03%
UVE	B	-0.03%
NRC	F	-0.03%
OI	C	-0.03%
BKD	D	-0.03%
CVI	F	-0.03%
RXT	C	-0.02%
ERAS	C	-0.02%
WOOF	D	-0.02%
SLVM	B	-0.02%
OSIS	B	-0.02%
MSM	C	-0.02%
TSE	F	-0.02%
KVYO	C	-0.02%
UNFI	A	-0.02%
ARCT	F	-0.02%
OMER	A	-0.02%
VSTS	C	-0.02%
BRY	F	-0.02%
DYN	F	-0.02%
EVH	F	-0.02%
PRO	C	-0.02%
RAMP	C	-0.02%
QRTEA	F	-0.02%
GPRO	F	-0.02%
SAFE	D	-0.02%
KFY	B	-0.02%
JELD	F	-0.02%
KRNY	B	-0.02%
DAN	D	-0.02%
DOCN	D	-0.02%
ALAB	B	-0.02%
EVRI	A	-0.02%
NWL	B	-0.02%
NUS	D	-0.02%
EPR	D	-0.02%
BMBL	C	-0.02%
OPI	F	-0.02%
IRWD	F	-0.02%
FSS	B	-0.02%
MTW	C	-0.02%
DY	D	-0.02%
DBI	F	-0.02%
LMAT	A	-0.02%
CLVT	F	-0.02%
RLJ	C	-0.02%
PBF	D	-0.02%
CRSP	D	-0.02%
TLRY	F	-0.02%
SITC	D	-0.02%
SVC	F	-0.02%
TWO	D	-0.02%
CNDT	C	-0.02%
OPEN	D	-0.02%
SNDX	F	-0.02%
WD	D	-0.02%
AKRO	B	-0.02%
PTCT	B	-0.02%
GIII	D	-0.02%
USNA	C	-0.02%
LANC	C	-0.02%
ARCB	C	-0.02%
PDCO	D	-0.02%
CALX	D	-0.02%
CWK	B	-0.01%
ALGM	D	-0.01%
VAL	D	-0.01%
PGEN	F	-0.01%
AIN	C	-0.01%
ARR	D	-0.01%
PEB	D	-0.01%
JAMF	F	-0.01%
PCH	D	-0.01%
EPC	D	-0.01%
SFIX	B	-0.01%
POWI	D	-0.01%
FLWS	F	-0.01%
TDC	D	-0.01%
XPRO	F	-0.01%
MBC	D	-0.01%
BIGC	C	-0.01%
MLAB	D	-0.01%
GO	C	-0.01%
JOBY	B	-0.01%
UTL	B	-0.01%
WTI	F	-0.01%
ZUO	B	-0.01%
NWN	A	-0.01%
BKH	A	-0.01%
CRAI	B	-0.01%
SWI	B	-0.01%
MITK	C	-0.01%
NTLA	F	-0.01%
VRE	B	-0.01%
TR	B	-0.01%
TTGT	C	-0.01%
SWX	B	-0.01%
HCAT	D	-0.01%
OIS	C	-0.01%
NGVT	B	-0.01%
ENVA	B	-0.01%
HMST	D	-0.01%
CAKE	C	-0.01%
STGW	B	-0.01%
OLPX	D	-0.01%
ENR	B	-0.01%
BSIG	A	-0.01%
GEF	A	-0.01%
PYCR	C	-0.01%
ASGN	F	-0.01%
HTZ	C	-0.01%
MBLY	C	-0.01%
OSUR	F	-0.01%
HAIN	C	-0.01%
SWTX	C	-0.01%
KALU	C	-0.01%
PII	D	-0.01%
NEXA	C	-0.01%
BYD	C	-0.01%
UPWK	B	-0.01%
HXL	D	-0.01%
NFBK	B	-0.01%
SHO	C	-0.01%
AEIS	B	-0.01%
MAGN	F	-0.0%
BFH	B	-0.0%
MC	C	-0.0%
SEE	C	-0.0%
CHCO	B	-0.0%
GDOT	D	-0.0%
NBTB	B	-0.0%
EGBN	B	-0.0%
FULT	A	-0.0%
EIG	B	-0.0%
BOH	B	-0.0%
DEI	B	-0.0%
TRMK	B	-0.0%
GNW	A	-0.0%
PFBC	B	-0.0%
CASH	A	-0.0%
TBBK	B	-0.0%
FBP	B	-0.0%
PRDO	B	-0.0%
BKU	A	-0.0%
AX	A	-0.0%
OFG	B	-0.0%