JHMM vs. VCSH ETF Comparison

Comparison of John Hancock Multifactor Mid Cap ETF (JHMM) to Vanguard Short-Term Corporate Bond ETF (VCSH)

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'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

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 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 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$78.17

Average Daily Volume

2,792,762

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

Performance

Period	JHMM	VCSH
30 Days	6.45%	-0.10%
60 Days	7.02%	-0.93%
90 Days	9.13%	0.07%
12 Months	33.74%	6.91%

175 Overlapping Holdings

	Symbol	Grade	Weight in JHMM	Weight in VCSH	Overlap
	AEE	A	0.23%	0.01%	0.01%
	AES	F	0.12%	0.02%	0.02%
	AFG	A	0.18%	0.02%	0.02%
	AIZ	A	0.19%	0.02%	0.02%
	ALB	C	0.08%	0.02%	0.02%
	ALLE	D	0.2%	0.02%	0.02%
	ALLY	C	0.24%	0.01%	0.01%
	AMP	A	0.57%	0.01%	0.01%
	AN	C	0.16%	0.02%	0.02%
	ARE	D	0.11%	0.01%	0.01%
	ARW	D	0.15%	0.01%	0.01%
	ATO	A	0.19%	0.03%	0.03%
	AVB	B	0.15%	0.01%	0.01%
	AWK	D	0.18%	0.01%	0.01%
	BAX	D	0.11%	0.03%	0.03%
	BEN	C	0.08%	0.02%	0.02%
	BERY	B	0.18%	0.03%	0.03%
	BG	F	0.19%	0.03%	0.03%
	BR	A	0.29%	0.02%	0.02%
	BRO	B	0.23%	0.02%	0.02%
	BRX	A	0.09%	0.02%	0.02%
	BWA	D	0.15%	0.02%	0.02%
	BXP	D	0.11%	0.03%	0.03%
	CACC	D	0.04%	0.01%	0.01%
	CAG	D	0.12%	0.01%	0.01%
	CAH	B	0.28%	0.02%	0.02%
	CE	F	0.1%	0.02%	0.02%
	CF	B	0.17%	0.02%	0.02%
	CFG	B	0.23%	0.01%	0.01%
	CHD	B	0.22%	0.01%	0.01%
	CLX	B	0.18%	0.01%	0.01%
	CMA	A	0.17%	0.01%	0.01%
	CMI	A	0.18%	0.02%	0.02%
	CMS	C	0.19%	0.01%	0.01%
	CNA	B	0.02%	0.02%	0.02%
	CNH	C	0.09%	0.02%	0.02%
	CNP	B	0.25%	0.01%	0.01%
	COKE	C	0.09%	0.02%	0.02%
	CPB	D	0.13%	0.02%	0.02%
	CPT	B	0.13%	0.02%	0.02%
	CSL	C	0.27%	0.01%	0.01%
	CUBE	D	0.11%	0.01%	0.01%
	DAL	C	0.14%	0.01%	0.01%
	DD	D	0.12%	0.08%	0.08%
	DFS	B	0.31%	0.01%	0.01%
	DGX	A	0.3%	0.02%	0.02%
	DLTR	F	0.16%	0.05%	0.05%
	DOC	D	0.1%	0.02%	0.02%
	DOV	A	0.35%	0.02%	0.02%
	DTE	C	0.21%	0.01%	0.01%
	EBAY	D	0.31%	0.03%	0.03%
	EFX	F	0.26%	0.02%	0.02%
	EIX	B	0.35%	0.01%	0.01%
	EMN	D	0.19%	0.03%	0.03%
	EQH	B	0.31%	0.02%	0.02%
	EQR	B	0.15%	0.02%	0.02%
	ES	D	0.17%	0.01%	0.01%
	ESS	B	0.12%	0.01%	0.01%
	ETR	B	0.39%	0.01%	0.01%
	EVRG	A	0.25%	0.01%	0.01%
	EXPE	B	0.2%	0.02%	0.02%
	FAF	A	0.12%	0.01%	0.01%
	FANG	D	0.34%	0.02%	0.02%
	FE	C	0.2%	0.01%	0.01%
	FHN	A	0.13%	0.01%	0.01%
	FITB	A	0.36%	0.03%	0.03%
	FLEX	A	0.42%	0.02%	0.02%
	FLS	B	0.08%	0.01%	0.01%
	FMC	D	0.08%	0.01%	0.01%
	FOXA	B	0.19%	0.04%	0.04%
	FRT	B	0.09%	0.02%	0.02%
	FTV	C	0.2%	0.04%	0.04%
	G	B	0.13%	0.01%	0.01%
	GLPI	C	0.13%	0.03%	0.03%
	GPN	B	0.14%	0.03%	0.03%
	GXO	B	0.11%	0.02%	0.02%
	H	B	0.08%	0.01%	0.01%
	HAL	C	0.18%	0.03%	0.03%
	HAS	D	0.14%	0.03%	0.03%
	HBAN	A	0.26%	0.01%	0.01%
	HII	D	0.12%	0.01%	0.01%
	HPE	B	0.32%	0.03%	0.03%
	HPQ	B	0.1%	0.05%	0.05%
	HRB	D	0.11%	0.02%	0.02%
	HRL	D	0.06%	0.03%	0.03%
	HST	C	0.12%	0.02%	0.02%
	HUBB	B	0.3%	0.01%	0.01%
	IFF	D	0.15%	0.01%	0.01%
	ILMN	D	0.07%	0.02%	0.02%
	IP	B	0.26%	0.02%	0.02%
	IPG	D	0.21%	0.01%	0.01%
	IVZ	B	0.12%	0.02%	0.02%
	JBHT	C	0.18%	0.03%	0.03%
	JBL	B	0.24%	0.01%	0.01%
	JEF	A	0.22%	0.03%	0.03%
	JNPR	F	0.23%	0.03%	0.03%
	K	A	0.18%	0.02%	0.02%
	KEY	B	0.19%	0.01%	0.01%
	KEYS	A	0.31%	0.02%	0.02%
	KIM	A	0.15%	0.01%	0.01%
	KR	B	0.26%	0.02%	0.02%
	L	A	0.19%	0.02%	0.02%
	LDOS	C	0.22%	0.02%	0.02%
	LH	C	0.31%	0.01%	0.01%
	LII	A	0.24%	0.01%	0.01%
	LNT	A	0.19%	0.02%	0.02%
	LUV	C	0.04%	0.01%	0.01%
	LYB	F	0.17%	0.02%	0.02%
	MAA	B	0.11%	0.01%	0.01%
	MHK	D	0.11%	0.03%	0.03%
	MKC	D	0.14%	0.02%	0.02%
	MLM	B	0.29%	0.01%	0.01%
	MOS	F	0.12%	0.03%	0.03%
	MTB	A	0.36%	0.02%	0.02%
	NDAQ	A	0.29%	0.01%	0.01%
	NEU	C	0.03%	0.01%	0.01%
	NI	A	0.28%	0.05%	0.05%
	NNN	D	0.08%	0.02%	0.02%
	NTAP	C	0.29%	0.02%	0.02%
	NTRS	A	0.2%	0.04%	0.04%
	NVT	B	0.17%	0.01%	0.01%
	OC	A	0.39%	0.01%	0.01%
	OHI	C	0.1%	0.02%	0.02%
	OMC	C	0.26%	0.06%	0.06%
	ORI	A	0.17%	0.02%	0.02%
	PCG	A	0.25%	0.01%	0.01%
	PFG	D	0.25%	0.01%	0.01%
	PHM	D	0.4%	0.03%	0.03%
	PKG	A	0.23%	0.01%	0.01%
	PNW	B	0.2%	0.01%	0.01%
	PPG	F	0.12%	0.01%	0.01%
	PPL	B	0.2%	0.01%	0.01%
	PVH	C	0.07%	0.03%	0.03%
	R	B	0.08%	0.01%	0.01%
	RF	A	0.29%	0.04%	0.04%
	RGA	A	0.24%	0.01%	0.01%
	RL	B	0.14%	0.02%	0.02%
	RNR	C	0.22%	0.01%	0.01%
	ROK	B	0.32%	0.01%	0.01%
	RPM	A	0.19%	0.01%	0.01%
	RPRX	D	0.07%	0.04%	0.04%
	RS	B	0.24%	0.01%	0.01%
	SF	B	0.2%	0.02%	0.02%
	SNV	B	0.04%	0.01%	0.01%
	SNX	C	0.09%	0.03%	0.03%
	STLD	B	0.31%	0.02%	0.02%
	STT	A	0.28%	0.03%	0.03%
	SWK	D	0.16%	0.03%	0.03%
	SWKS	F	0.18%	0.03%	0.03%
	SYF	B	0.43%	0.03%	0.03%
	TAP	C	0.15%	0.1%	0.1%
	TDY	B	0.23%	0.02%	0.02%
	TKR	D	0.08%	0.01%	0.01%
	TRMB	B	0.25%	0.01%	0.01%
	TSN	B	0.16%	0.01%	0.01%
	TXT	D	0.18%	0.01%	0.01%
	UAL	A	0.15%	0.01%	0.01%
	UDR	B	0.14%	0.01%	0.01%
	UHS	D	0.22%	0.01%	0.01%
	UNM	A	0.21%	0.02%	0.02%
	VFC	C	0.05%	0.04%	0.04%
	VMC	B	0.25%	0.01%	0.01%
	VNO	B	0.04%	0.02%	0.02%
	VOYA	B	0.13%	0.02%	0.02%
	VRSK	A	0.35%	0.05%	0.05%
	VTR	C	0.16%	0.02%	0.02%
	VTRS	A	0.26%	0.03%	0.03%
	WAB	B	0.36%	0.03%	0.03%
	WAL	B	0.18%	0.03%	0.03%
	WEC	A	0.23%	0.02%	0.02%
	WHR	B	0.11%	0.01%	0.01%
	WLK	D	0.06%	0.04%	0.04%
	WPC	D	0.1%	0.02%	0.02%
	WY	D	0.16%	0.01%	0.01%
	ZBH	C	0.25%	0.02%	0.02%

JHMM Overweight 464 Positions Relative to VCSH

	Symbol	Grade	Weight
	URI	B	0.66%
	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%
	PWR	A	0.42%
	IT	C	0.4%
	RCL	A	0.37%
	CBRE	B	0.37%
	NVR	D	0.36%
	TSCO	D	0.35%
	LNG	B	0.35%
	APP	B	0.35%
	BLDR	D	0.34%
	COR	B	0.33%
	TPL	A	0.33%
	ACGL	D	0.33%
	FCNCA	A	0.33%
	VRT	B	0.32%
	WTW	B	0.32%
	RMD	C	0.32%
	RJF	A	0.32%
	DECK	A	0.31%
	TOL	B	0.31%
	ANSS	B	0.31%
	IR	B	0.31%
	GLW	B	0.31%
	TTWO	A	0.31%
	UTHR	C	0.3%
	EME	C	0.3%
	LPLA	A	0.29%
	SCI	B	0.29%
	IRM	D	0.29%
	BKR	B	0.29%
	GRMN	B	0.29%
	EXR	D	0.28%
	USFD	A	0.27%
	SNA	A	0.27%
	CDW	F	0.27%
	AXON	A	0.27%
	FFIV	B	0.27%
	ZBRA	B	0.27%
	MPWR	F	0.26%
	GDDY	A	0.26%
	CASY	A	0.26%
	TPR	B	0.26%
	FSLR	F	0.26%
	CPAY	A	0.26%
	TYL	B	0.26%
	EWBC	A	0.26%
	HOLX	D	0.25%
	MTD	D	0.25%
	BBY	D	0.25%
	WSM	B	0.25%
	WDC	D	0.25%
	PNR	A	0.25%
	PTC	A	0.24%
	GEN	B	0.24%
	BAH	F	0.24%
	WST	C	0.24%
	COHR	B	0.24%
	DRI	B	0.23%
	THC	D	0.23%
	STE	F	0.23%
	MKL	A	0.22%
	ACM	A	0.22%
	FDS	B	0.22%
	MRO	B	0.22%
	TER	D	0.22%
	NRG	B	0.22%
	GWRE	A	0.22%
	JLL	D	0.22%
	HUBS	A	0.22%
	MOH	F	0.22%
	XYL	D	0.22%
	EXPD	D	0.22%
	XPO	B	0.21%
	IBKR	A	0.21%
	CLH	B	0.21%
	MANH	D	0.21%
	CINF	A	0.21%
	ULTA	F	0.21%
	CIEN	B	0.21%
	WAT	B	0.21%
	PFGC	B	0.21%
	BURL	A	0.21%
	WCC	B	0.21%
	TROW	B	0.21%
	SSNC	B	0.21%
	DOX	D	0.21%
	AKAM	D	0.2%
	GGG	B	0.2%
	ALNY	D	0.2%
	EHC	B	0.2%
	ITT	A	0.2%
	CTRA	B	0.2%
	BJ	A	0.19%
	INGR	B	0.19%
	PODD	C	0.19%
	LAD	A	0.19%
	GPC	D	0.19%
	EXEL	B	0.19%
	AVY	D	0.19%
	TWLO	A	0.19%
	BLD	D	0.19%
	WRB	A	0.19%
	HOOD	B	0.18%
	ARES	A	0.18%
	CACI	D	0.18%
	RVTY	F	0.18%
	ATR	B	0.18%
	TXRH	C	0.18%
	DOCU	A	0.18%
	STX	D	0.18%
	CHRW	C	0.18%
	SAIA	B	0.18%
	FBIN	D	0.18%
	BALL	D	0.18%
	CRL	C	0.18%
	FNF	B	0.18%
	OVV	B	0.18%
	ZM	B	0.17%
	MAS	D	0.17%
	CVNA	B	0.17%
	CCL	B	0.17%
	AYI	B	0.17%
	CCK	C	0.17%
	NCLH	B	0.17%
	IEX	B	0.17%
	HSIC	B	0.17%
	EQT	B	0.17%
	JKHY	D	0.17%
	WSO	A	0.17%
	ARMK	B	0.17%
	KMX	B	0.17%
	VICI	C	0.17%
	DKS	C	0.17%
	ENTG	D	0.17%
	ALSN	B	0.17%
	ZION	B	0.17%
	NDSN	B	0.17%
	FIX	A	0.17%
	CW	B	0.17%
	GL	B	0.17%
	RRX	B	0.16%
	DAY	B	0.16%
	NWSA	B	0.16%
	ALV	C	0.16%
	PRI	A	0.16%
	SEIC	B	0.16%
	PSTG	D	0.16%
	NBIX	C	0.16%
	DCI	B	0.16%
	POOL	C	0.16%
	WBS	A	0.16%
	LECO	B	0.16%
	EG	C	0.16%
	AMCR	D	0.15%
	FYBR	D	0.15%
	DVA	B	0.15%
	X	C	0.15%
	GNRC	B	0.15%
	WWD	B	0.15%
	AIT	A	0.15%
	TRU	D	0.15%
	CBOE	B	0.15%
	TECH	D	0.15%
	OGE	B	0.15%
	RHI	B	0.15%
	GLOB	B	0.15%
	LKQ	D	0.15%
	KNX	B	0.15%
	DPZ	C	0.15%
	AVTR	F	0.15%
	SFM	A	0.15%
	JAZZ	B	0.14%
	VLTO	D	0.14%
	WH	B	0.14%
	CBSH	A	0.14%
	FND	C	0.14%
	KNSL	B	0.14%
	OSK	B	0.14%
	GMED	A	0.14%
	EPAM	C	0.14%
	AOS	F	0.14%
	BWXT	B	0.14%
	MUSA	A	0.14%
	NXST	C	0.14%
	CTLT	B	0.14%
	LW	C	0.14%
	AXTA	A	0.14%
	VRSN	F	0.14%
	SJM	D	0.14%
	MKSI	C	0.14%
	GPK	C	0.14%
	MKTX	D	0.13%
	OLED	D	0.13%
	LAMR	D	0.13%
	SW	A	0.13%
	EXP	A	0.13%
	UFPI	B	0.13%
	AGCO	D	0.13%
	CHDN	B	0.13%
	TTC	D	0.13%
	PNFP	B	0.13%
	NTRA	B	0.13%
	WTFC	A	0.13%
	LYV	A	0.13%
	NYT	C	0.13%
	INCY	C	0.13%
	TFX	F	0.13%
	Z	A	0.13%
	REG	B	0.13%
	TTEK	F	0.13%
	SKX	D	0.13%
	WMS	D	0.13%
	CHE	D	0.13%
	BMRN	D	0.12%
	AR	B	0.12%
	POST	C	0.12%
	WEX	D	0.12%
	ENSG	D	0.12%
	LBRDK	C	0.12%
	LNW	D	0.12%
	TPX	B	0.12%
	ST	F	0.12%
	SAIC	F	0.12%
	CLF	F	0.12%
	MORN	B	0.12%
	AMH	D	0.12%
	CMC	B	0.12%
	RRC	B	0.12%
	TOST	B	0.12%
	QRVO	F	0.12%
	CFR	B	0.12%
	ELS	C	0.12%
	J	F	0.12%
	MTZ	B	0.12%
	HLI	B	0.12%
	GNTX	C	0.12%
	MIDD	C	0.12%
	INVH	D	0.12%
	LFUS	F	0.12%
	ELAN	D	0.11%
	SON	D	0.11%
	DBX	B	0.11%
	UHAL	D	0.11%
	BPOP	B	0.11%
	MTN	C	0.11%
	MEDP	D	0.11%
	LSTR	D	0.11%
	CR	A	0.11%
	HEI	B	0.11%
	LEA	D	0.11%
	TREX	C	0.11%
	MAT	D	0.11%
	PCTY	B	0.11%
	FTI	A	0.11%
	WSC	D	0.11%
	SOFI	A	0.11%
	DT	C	0.11%
	BIO	D	0.11%
	CG	A	0.11%
	SBAC	D	0.11%
	APG	B	0.11%
	KBR	F	0.11%
	WTRG	B	0.11%
	MASI	A	0.11%
	ROL	B	0.11%
	DAR	C	0.11%
	NET	B	0.11%
	ERIE	D	0.11%
	RGLD	C	0.11%
	EVR	B	0.11%
	PAYC	B	0.11%
	NTNX	A	0.1%
	RLI	B	0.1%
	WYNN	D	0.1%
	BRKR	D	0.1%
	ONTO	D	0.1%
	MLI	C	0.1%
	PINS	D	0.1%
	TMHC	B	0.1%
	SSB	B	0.1%
	DINO	D	0.1%
	CROX	D	0.1%
	MTDR	B	0.1%
	CGNX	C	0.1%
	RBLX	C	0.1%
	DTM	B	0.1%
	SSD	D	0.1%
	HQY	B	0.1%
	PR	B	0.1%
	PB	A	0.1%
	ALGN	D	0.1%
	CNM	D	0.1%
	MDB	C	0.09%
	WBD	C	0.09%
	LSCC	D	0.09%
	PLNT	A	0.09%
	APA	D	0.09%
	DUOL	A	0.09%
	HEI	B	0.09%
	ZS	C	0.09%
	ROKU	D	0.09%
	TW	A	0.09%
	AFRM	B	0.09%
	ANF	C	0.09%
	BRBR	A	0.09%
	JXN	C	0.09%
	REXR	F	0.09%
	ESAB	B	0.09%
	FOX	A	0.09%
	BILL	A	0.09%
	HALO	F	0.09%
	VEEV	C	0.09%
	SUI	D	0.09%
	EXAS	D	0.09%
	DKNG	B	0.09%
	ACI	C	0.09%
	FN	D	0.09%
	RBC	A	0.09%
	AAON	B	0.09%
	RGEN	D	0.09%
	FCN	D	0.09%
	BBWI	D	0.08%
	ESNT	D	0.08%
	NOV	C	0.08%
	MTCH	D	0.08%
	WING	D	0.08%
	ICLR	D	0.08%
	SPSC	C	0.08%
	OKTA	C	0.08%
	FLR	B	0.08%
	PEN	B	0.08%
	EGP	F	0.08%
	SITE	D	0.08%
	MUR	D	0.08%
	SRPT	D	0.08%
	CHRD	D	0.08%
	NSIT	F	0.08%
	NOVT	D	0.08%
	SOLV	C	0.08%
	CRBG	B	0.08%
	DLB	B	0.08%
	BSY	D	0.08%
	MTSI	B	0.08%
	MSA	D	0.08%
	AMKR	D	0.07%
	ACHC	F	0.07%
	PAG	B	0.07%
	STAG	F	0.07%
	LPX	B	0.07%
	CIVI	D	0.07%
	NWS	B	0.07%
	ADC	B	0.07%
	ENPH	F	0.07%
	PCVX	D	0.07%
	FR	C	0.07%
	GAP	C	0.07%
	ATI	D	0.07%
	HLNE	B	0.07%
	WFRD	D	0.07%
	WTS	B	0.07%
	EDR	A	0.06%
	CHX	C	0.06%
	SIGI	C	0.06%
	BFAM	D	0.06%
	ESTC	C	0.06%
	COLD	D	0.06%
	FOUR	B	0.06%
	EXLS	B	0.06%
	ADTN	A	0.06%
	ITCI	C	0.06%
	CHH	A	0.06%
	TKO	B	0.06%
	ELF	C	0.06%
	SMAR	A	0.06%
	THO	B	0.06%
	S	B	0.06%
	SMCI	F	0.05%
	BOKF	B	0.05%
	PSN	D	0.05%
	AM	A	0.05%
	RVMD	C	0.05%
	PARA	C	0.05%
	RHP	B	0.05%
	CVLT	B	0.05%
	TRNO	F	0.05%
	AZEK	A	0.05%
	IBP	D	0.05%
	ESI	A	0.05%
	APPF	B	0.05%
	SNAP	C	0.05%
	CRUS	D	0.05%
	BMI	B	0.05%
	GTLB	B	0.05%
	MTG	C	0.05%
	SN	D	0.05%
	PCOR	B	0.05%
	OMF	A	0.05%
	ETSY	D	0.05%
	ALTR	B	0.05%
	SUM	B	0.05%
	ONB	B	0.05%
	GME	C	0.05%
	AA	B	0.05%
	ENLC	A	0.04%
	CSGP	D	0.04%
	ZWS	B	0.04%
	CYTK	F	0.04%
	AXS	A	0.04%
	HCP	B	0.04%
	PPC	C	0.04%
	CFLT	B	0.04%
	DOCS	C	0.04%
	U	C	0.04%
	IOT	A	0.04%
	COTY	F	0.04%
	PATH	C	0.04%
	CRS	A	0.04%
	MOG.A	B	0.04%
	MOD	A	0.04%
	LNTH	D	0.04%
	INSM	C	0.04%
	AAL	B	0.03%
	CELH	F	0.03%
	DDS	B	0.03%
	AUR	C	0.03%
	GKOS	B	0.03%
	PEGA	A	0.03%
	FRPT	B	0.03%
	CWST	A	0.03%
	BPMC	C	0.03%
	WMG	C	0.03%
	IONS	F	0.03%
	RCM	F	0.03%
	VKTX	F	0.03%
	ROIV	C	0.03%
	BECN	B	0.02%
	UI	A	0.02%
	CHWY	B	0.02%
	LBRDA	C	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%
	VRNS	D	0.02%
	SMMT	D	0.01%
	RKT	F	0.01%
	RBRK	A	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 268 Positions Relative to VCSH

	Symbol	Grade	Weight
	V	A	-0.13%
	CARR	D	-0.09%
	MDT	D	-0.08%
	BIIB	F	-0.08%
	STLA	F	-0.07%
	OTIS	C	-0.07%
	ETN	A	-0.07%
	CHTR	C	-0.07%
	KO	D	-0.06%
	COST	B	-0.06%
	KLAC	D	-0.06%
	WBA	F	-0.06%
	AIG	B	-0.06%
	HCA	F	-0.06%
	VZ	C	-0.06%
	ADP	B	-0.05%
	ADM	D	-0.05%
	CRM	B	-0.05%
	BLK	C	-0.05%
	TGT	F	-0.05%
	LMT	D	-0.05%
	NOC	D	-0.05%
	ORCL	B	-0.05%
	ITW	B	-0.04%
	TJX	A	-0.04%
	WB	D	-0.04%
	MA	C	-0.04%
	ARCC	A	-0.04%
	ZTS	D	-0.04%
	QCOM	F	-0.04%
	GSK	F	-0.04%
	MRK	F	-0.04%
	AZN	D	-0.04%
	GOOGL	C	-0.04%
	GILD	C	-0.04%
	AMZN	C	-0.04%
	TMUS	B	-0.04%
	MSFT	F	-0.04%
	DLR	B	-0.03%
	MSI	B	-0.03%
	AMAT	F	-0.03%
	FDX	B	-0.03%
	EL	F	-0.03%
	APTV	D	-0.03%
	CME	A	-0.03%
	AGR	B	-0.03%
	JD	D	-0.03%
	NUE	C	-0.03%
	DXC	B	-0.03%
	CNO	A	-0.03%
	SPGI	C	-0.03%
	GIS	D	-0.03%
	ADBE	C	-0.03%
	SYY	B	-0.03%
	PRU	A	-0.03%
	MU	D	-0.03%
	PYPL	B	-0.03%
	PFE	D	-0.03%
	VLO	C	-0.03%
	WMB	A	-0.03%
	DIS	B	-0.03%
	EPD	A	-0.03%
	MPLX	A	-0.03%
	FIS	C	-0.03%
	CB	C	-0.03%
	AER	B	-0.03%
	MPC	D	-0.03%
	AXP	A	-0.03%
	INTC	D	-0.03%
	CMCSA	B	-0.03%
	MS	A	-0.03%
	AAPL	C	-0.03%
	SKT	B	-0.02%
	THG	A	-0.02%
	VNT	B	-0.02%
	BKU	A	-0.02%
	CDNS	B	-0.02%
	A	D	-0.02%
	GBDC	C	-0.02%
	BC	C	-0.02%
	HP	B	-0.02%
	HOG	D	-0.02%
	INTU	C	-0.02%
	JCI	C	-0.02%
	KMPR	B	-0.02%
	FTNT	C	-0.02%
	EA	A	-0.02%
	PSA	D	-0.02%
	SBRA	C	-0.02%
	TSLX	C	-0.02%
	WM	A	-0.02%
	BKH	A	-0.02%
	APH	A	-0.02%
	BABA	D	-0.02%
	AWH	F	-0.02%
	CTVA	C	-0.02%
	GSBD	F	-0.02%
	GWW	B	-0.02%
	LLY	F	-0.02%
	OCSL	F	-0.02%
	LAZ	B	-0.02%
	MRVL	B	-0.02%
	CSX	B	-0.02%
	LRCX	F	-0.02%
	DVN	F	-0.02%
	PH	A	-0.02%
	TT	A	-0.02%
	LIN	D	-0.02%
	LHX	C	-0.02%
	MCO	B	-0.02%
	HUM	C	-0.02%
	EOG	A	-0.02%
	NKE	D	-0.02%
	ADI	D	-0.02%
	DHR	F	-0.02%
	ROST	C	-0.02%
	OKE	A	-0.02%
	NXPI	D	-0.02%
	KDP	D	-0.02%
	BKNG	A	-0.02%
	ABT	B	-0.02%
	ICE	C	-0.02%
	FSK	A	-0.02%
	GD	F	-0.02%
	UPS	C	-0.02%
	WEST	C	-0.02%
	PM	B	-0.02%
	NVDA	C	-0.02%
	STZ	D	-0.02%
	SBUX	A	-0.02%
	SPG	B	-0.02%
	ET	A	-0.02%
	EQIX	A	-0.02%
	AL	B	-0.02%
	CM	A	-0.02%
	CCI	D	-0.02%
	MET	A	-0.02%
	SLB	C	-0.02%
	SHW	A	-0.02%
	PNC	B	-0.02%
	KMI	A	-0.02%
	CSCO	B	-0.02%
	AFL	B	-0.02%
	LVS	C	-0.02%
	BDX	F	-0.02%
	CAT	B	-0.02%
	JNJ	D	-0.02%
	USB	A	-0.02%
	RTX	C	-0.02%
	RY	A	-0.02%
	PEP	F	-0.02%
	CVX	A	-0.02%
	GM	B	-0.02%
	TD	F	-0.02%
	BMY	B	-0.02%
	WMT	A	-0.02%
	ABBV	D	-0.02%
	IBM	C	-0.02%
	CVS	D	-0.02%
	XOM	B	-0.02%
	C	A	-0.02%
	HIW	D	-0.01%
	FNB	A	-0.01%
	VLY	B	-0.01%
	KSS	F	-0.01%
	AMD	F	-0.01%
	EPR	D	-0.01%
	ED	D	-0.01%
	NEM	D	-0.01%
	LEG	F	-0.01%
	JHG	A	-0.01%
	HES	B	-0.01%
	SLG	B	-0.01%
	BDN	C	-0.01%
	BCSF	C	-0.01%
	TME	D	-0.01%
	SITC	D	-0.01%
	TEL	B	-0.01%
	CL	D	-0.01%
	BHP	F	-0.01%
	GP	F	-0.01%
	KMB	D	-0.01%
	OGS	A	-0.01%
	LNC	B	-0.01%
	PSEC	D	-0.01%
	SCCO	F	-0.01%
	ADSK	A	-0.01%
	MAIN	A	-0.01%
	PDM	D	-0.01%
	EMR	A	-0.01%
	HSY	F	-0.01%
	KRC	C	-0.01%
	MAR	B	-0.01%
	NFG	A	-0.01%
	ORLY	B	-0.01%
	OPI	F	-0.01%
	LEN	D	-0.01%
	NSC	B	-0.01%
	APD	A	-0.01%
	CP	D	-0.01%
	DHI	D	-0.01%
	UNP	C	-0.01%
	AVT	C	-0.01%
	PCAR	B	-0.01%
	AMG	B	-0.01%
	XEL	A	-0.01%
	AZO	C	-0.01%
	SRE	A	-0.01%
	MCK	B	-0.01%
	DE	A	-0.01%
	DUK	C	-0.01%
	DOW	F	-0.01%
	WU	D	-0.01%
	ROP	B	-0.01%
	MMM	D	-0.01%
	MDLZ	F	-0.01%
	ALL	A	-0.01%
	AEP	D	-0.01%
	SYK	C	-0.01%
	TXN	C	-0.01%
	PSX	C	-0.01%
	PEG	A	-0.01%
	O	D	-0.01%
	MCHP	D	-0.01%
	BSX	B	-0.01%
	AON	A	-0.01%
	HON	B	-0.01%
	BIDU	F	-0.01%
	AMT	D	-0.01%
	MMC	B	-0.01%
	PAA	B	-0.01%
	AMGN	D	-0.01%
	D	C	-0.01%
	BK	A	-0.01%
	RSG	A	-0.01%
	HD	A	-0.01%
	TMO	F	-0.01%
	PG	A	-0.01%
	DG	F	-0.01%
	MO	A	-0.01%
	NEE	D	-0.01%
	LOW	D	-0.01%
	SCHW	B	-0.01%
	EXC	C	-0.01%
	MCD	D	-0.01%
	BNS	A	-0.01%
	COP	C	-0.01%
	SO	D	-0.01%
	COF	B	-0.01%
	VOD	F	-0.01%
	GE	D	-0.01%
	WELL	A	-0.01%
	UNH	C	-0.01%
	TFC	A	-0.01%
	DB	D	-0.01%
	AVGO	D	-0.01%
	BMO	A	-0.01%
	T	A	-0.01%
	HSBC	B	-0.01%
	NWG	C	-0.01%
	CI	F	-0.01%
	MUFG	B	-0.01%
	WFC	A	-0.01%
	GS	A	-0.01%
	JPM	A	-0.01%
	DELL	C	-0.01%
	BA	F	-0.01%
	BAC	A	-0.01%

JHMM: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Software - Infrastructure Business Services Asset Management Diagnostics & Research Building Materials Oil & Gas E&P Specialty Retail Packaged Foods Utilities - Regulated Electric Packaging & Containers Scientific & Technical Instruments Engineering & Construction Information Technology Services Insurance - Property & Casualty REIT - Residential Specialty Chemicals

Keywords: S&P 500 Computing Natural Gas Insurance Aerospace Chemical Banking Electronics Real Estate Investment Trust Bank Mining Medicine Nasdaq 100 Building Materials Biotechnology Electricity Insurance Products Telecommunications Beverage Oil And Gas

VCSH: Top Represented Industries & Keywords

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

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