JHMU vs. WBIF ETF Comparison

Comparison of John Hancock Dynamic Municipal Bond ETF (JHMU) to WBI Large Cap Tactical Value Shares (WBIF)

JHMU

John Hancock Dynamic Municipal Bond ETF

JHMU Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities that compose the fund's index. The index is designed to comprise securities in the utilities sector within the U.S. Universe whose market capitalizations are larger than that of the 1001st largest U.S. company at the time of reconstitution. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.80

Average Daily Volume

521

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.16

Average Daily Volume

805

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JHMU	WBIF
30 Days	1.06%	0.81%
60 Days	1.90%	-0.26%
90 Days	2.95%	0.79%
12 Months		9.56%

3 Overlapping Holdings

Symbol	Grade	Weight in JHMU	Weight in WBIF	Overlap
DTE	A	3.83%	3.56%	3.56%
DUK	B	5.11%	3.48%	3.48%
SO	B	4.69%	3.92%	3.92%

JHMU Overweight 7 Positions Relative to WBIF

Symbol	Grade	Weight
AEP	C	6.02%
XEL	B	4.99%
SRE	B	4.92%
EXC	B	4.12%
ED	B	4.12%
EIX	B	4.09%
PEG	B	3.94%

JHMU Underweight 22 Positions Relative to WBIF

Symbol	Grade	Weight
BX	C	-5.09%
WRB	D	-4.66%
BDX	D	-4.64%
HIG	B	-4.57%
HCA	B	-4.55%
GWW	B	-4.44%
CI	C	-4.43%
BR	C	-4.16%
CDW	D	-4.13%
DECK	C	-4.04%
NFLX	B	-4.03%
AAPL	C	-3.93%
PANW	D	-3.88%
HYLB	A	-3.85%
INTU	D	-3.82%
ATO	B	-3.79%
ADBE	F	-3.54%
QCOM	D	-3.3%
CRM	C	-2.82%
LRCX	D	-2.8%
TRV	C	-2.62%
CHRW	B	-1.1%

JHMU: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Utilities - Diversified

WBIF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Insurance - Property & Casualty Asset Management Business Services Consumer Electronics Footwear & Accessories Health Care Plans Industrial Distribution Information Technology Services Insurance - Diversified Integrated Shipping & Logistics Media - Diversified Medical Care Medical Instruments & Supplies Semiconductor Equipment & Materials Semiconductors Utilities - Regulated Gas