JMEE vs. QVMS ETF Comparison

Comparison of JPMorgan Market Expansion Enhanced Equity ETF (JMEE) to Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)

JMEE

JPMorgan Market Expansion Enhanced Equity ETF

JMEE Description

The investment seeks to provide investment results that correspond to or incrementally exceed the total return performance of the S&P 1000 Index that tracks the performance of the small- and mid-capitalization equity markets. Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. The index is an index which includes stocks of small- and mid-capitalization companies. The fund may use futures contracts to gain or reduce exposure to its index, maintain liquidity and minimize transaction costs.

Grade (RS Rating)

Last Trade

$65.43

Average Daily Volume

84,852

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

QVMS Description

The investment seeks to track the investment results of the S&P SmallCap 600 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, designed to track the performance of a subset of securities from the S&P SmallCap 600 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.40

Average Daily Volume

453

Number of Holdings ^*

523

* may have additional holdings in another (foreign) market

Performance

Period	JMEE	QVMS
30 Days	7.79%	9.42%
60 Days	7.56%	8.13%
90 Days	8.33%	8.38%
12 Months	33.83%	32.90%

258 Overlapping Holdings

	Symbol	Grade	Weight in JMEE	Weight in QVMS	Overlap
	AAP	C	0.06%	0.22%	0.06%
	AAT	B	0.09%	0.1%	0.09%
	ABCB	B	0.36%	0.36%	0.36%
	ABG	B	0.15%	0.46%	0.15%
	ABM	B	0.09%	0.31%	0.09%
	ACA	A	0.15%	0.41%	0.15%
	ACIW	B	0.14%	0.47%	0.14%
	ACLS	F	0.08%	0.21%	0.08%
	ADUS	D	0.05%	0.17%	0.05%
	AEIS	B	0.13%	0.35%	0.13%
	AEO	F	0.07%	0.27%	0.07%
	AGO	B	0.12%	0.37%	0.12%
	AHH	D	0.05%	0.06%	0.05%
	ALG	B	0.13%	0.16%	0.13%
	ALGT	B	0.02%	0.08%	0.02%
	ALK	C	0.17%	0.46%	0.17%
	AMN	F	0.01%	0.09%	0.01%
	AMR	C	0.06%	0.26%	0.06%
	ANDE	D	0.09%	0.13%	0.09%
	APLE	B	0.03%	0.27%	0.03%
	APOG	B	0.05%	0.15%	0.05%
	ARCB	C	0.15%	0.21%	0.15%
	ARCH	B	0.04%	0.25%	0.04%
	AROC	B	0.09%	0.28%	0.09%
	ASIX	A	0.02%	0.06%	0.02%
	ASO	F	0.06%	0.28%	0.06%
	ATGE	B	0.1%	0.26%	0.1%
	ATI	D	0.17%	0.55%	0.17%
	AVAV	D	0.12%	0.48%	0.12%
	AVNS	F	0.02%	0.07%	0.02%
	AWR	B	0.08%	0.24%	0.08%
	AX	A	0.11%	0.35%	0.11%
	AXL	C	0.02%	0.06%	0.02%
	AZZ	B	0.05%	0.21%	0.05%
	BANR	B	0.28%	0.2%	0.2%
	BCC	B	0.25%	0.47%	0.25%
	BCPC	B	0.14%	0.47%	0.14%
	BDN	C	0.02%	0.07%	0.02%
	BFS	C	0.01%	0.04%	0.01%
	BGS	F	0.02%	0.04%	0.02%
	BJRI	B	0.02%	0.07%	0.02%
	BKE	B	0.09%	0.11%	0.09%
	BKU	A	0.14%	0.25%	0.14%
	BLMN	F	0.03%	0.1%	0.03%
	BOOT	D	0.16%	0.28%	0.16%
	BRC	D	0.32%	0.26%	0.26%
	BRKL	B	0.08%	0.09%	0.08%
	CAL	D	0.04%	0.08%	0.04%
	CALM	A	0.11%	0.29%	0.11%
	CARG	C	0.07%	0.22%	0.07%
	CASH	A	0.28%	0.16%	0.16%
	CBU	B	0.03%	0.3%	0.03%
	CCS	D	0.06%	0.2%	0.06%
	CEIX	A	0.08%	0.28%	0.08%
	CENTA	C	0.03%	0.17%	0.03%
	CFFN	B	0.02%	0.07%	0.02%
	CHEF	A	0.09%	0.12%	0.09%
	CMA	A	0.16%	0.71%	0.16%
	CNK	B	0.09%	0.25%	0.09%
	CNMD	C	0.05%	0.17%	0.05%
	COHU	C	0.03%	0.1%	0.03%
	COOP	B	0.29%	0.51%	0.29%
	CPF	A	0.18%	0.07%	0.07%
	CPK	A	0.23%	0.21%	0.21%
	CRC	B	0.11%	0.31%	0.11%
	CRS	A	0.08%	0.69%	0.08%
	CRVL	A	0.08%	0.25%	0.08%
	CSR	B	0.07%	0.08%	0.07%
	CTRE	D	0.12%	0.32%	0.12%
	CUBI	C	0.03%	0.13%	0.03%
	CVBF	A	0.07%	0.25%	0.07%
	CVCO	A	0.1%	0.28%	0.1%
	CWEN	C	0.07%	0.24%	0.07%
	CWK	B	0.07%	0.21%	0.07%
	CWT	D	0.06%	0.23%	0.06%
	CXW	B	0.07%	0.19%	0.07%
	DAN	D	0.03%	0.1%	0.03%
	DCOM	A	0.04%	0.09%	0.04%
	DFIN	D	0.08%	0.12%	0.08%
	DGII	B	0.03%	0.1%	0.03%
	DIOD	D	0.06%	0.22%	0.06%
	DLX	B	0.02%	0.08%	0.02%
	DNOW	B	0.14%	0.13%	0.13%
	DORM	B	0.1%	0.3%	0.1%
	DXPE	B	0.02%	0.08%	0.02%
	DY	D	0.12%	0.39%	0.12%
	EAT	A	0.13%	0.4%	0.13%
	EFC	C	0.03%	0.08%	0.03%
	ENVA	B	0.16%	0.24%	0.16%
	EPC	D	0.05%	0.15%	0.05%
	EPRT	B	0.35%	0.43%	0.35%
	EVTC	B	0.06%	0.17%	0.06%
	EXPI	C	0.02%	0.07%	0.02%
	FBK	B	0.04%	0.16%	0.04%
	FBP	B	0.19%	0.28%	0.19%
	FCPT	C	0.07%	0.18%	0.07%
	FDP	B	0.03%	0.09%	0.03%
	FELE	B	0.34%	0.35%	0.34%
	FL	F	0.04%	0.19%	0.04%
	FLGT	F	0.07%	0.03%	0.03%
	FORM	D	0.09%	0.26%	0.09%
	FSS	B	0.14%	0.47%	0.14%
	FTDR	A	0.11%	0.33%	0.11%
	FUL	F	0.21%	0.34%	0.21%
	GDEN	B	0.03%	0.06%	0.03%
	GEO	B	0.09%	0.29%	0.09%
	GES	F	0.01%	0.04%	0.01%
	GFF	A	0.1%	0.23%	0.1%
	GIII	D	0.01%	0.08%	0.01%
	GKOS	B	0.29%	0.56%	0.29%
	GMS	B	0.16%	0.31%	0.16%
	GNW	A	0.08%	0.26%	0.08%
	GOGO	C	0.05%	0.04%	0.04%
	GPI	A	0.16%	0.46%	0.16%
	GPRE	F	0.02%	0.06%	0.02%
	GRBK	D	0.12%	0.14%	0.12%
	GTY	B	0.04%	0.12%	0.04%
	GVA	A	0.06%	0.33%	0.06%
	HAFC	A	0.21%	0.06%	0.06%
	HAIN	C	0.01%	0.05%	0.01%
	HBI	B	0.02%	0.21%	0.02%
	HCC	B	0.15%	0.31%	0.15%
	HFWA	B	0.02%	0.07%	0.02%
	HIW	D	0.08%	0.26%	0.08%
	HMN	B	0.04%	0.14%	0.04%
	HOPE	B	0.15%	0.13%	0.13%
	HP	B	0.06%	0.27%	0.06%
	HSII	B	0.08%	0.07%	0.07%
	HSTM	B	0.03%	0.06%	0.03%
	HTH	B	0.14%	0.12%	0.12%
	HTZ	C	0.02%	0.05%	0.02%
	HUBG	A	0.08%	0.25%	0.08%
	HWKN	B	0.06%	0.2%	0.06%
	IAC	D	0.08%	0.26%	0.08%
	IART	C	0.04%	0.14%	0.04%
	IBP	D	0.11%	0.4%	0.11%
	ICHR	C	0.11%	0.09%	0.09%
	IDCC	A	0.16%	0.36%	0.16%
	IIPR	D	0.07%	0.22%	0.07%
	IOSP	B	0.07%	0.25%	0.07%
	ITGR	B	0.12%	0.36%	0.12%
	JBSS	D	0.06%	0.06%	0.06%
	JBT	B	0.09%	0.3%	0.09%
	JXN	C	0.16%	0.58%	0.16%
	KAR	B	0.07%	0.18%	0.07%
	KFY	B	0.14%	0.32%	0.14%
	KLG	C	0.04%	0.08%	0.04%
	KLIC	B	0.28%	0.21%	0.21%
	KREF	D	0.02%	0.05%	0.02%
	KSS	F	0.03%	0.16%	0.03%
	KTB	B	0.08%	0.35%	0.08%
	LBRT	D	0.15%	0.22%	0.15%
	LPG	F	0.02%	0.08%	0.02%
	LRN	A	0.15%	0.32%	0.15%
	LXP	D	0.22%	0.21%	0.21%
	MAC	B	0.04%	0.31%	0.04%
	MARA	C	0.13%	0.45%	0.13%
	MATV	D	0.01%	0.05%	0.01%
	MATX	C	0.23%	0.46%	0.23%
	MCRI	A	0.11%	0.08%	0.08%
	MGY	A	0.03%	0.41%	0.03%
	MHO	D	0.11%	0.34%	0.11%
	MLI	C	0.49%	0.84%	0.49%
	MLKN	D	0.05%	0.15%	0.05%
	MMSI	B	0.14%	0.44%	0.14%
	MNRO	D	0.04%	0.07%	0.04%
	MODG	F	0.04%	0.1%	0.04%
	MTH	D	0.19%	0.51%	0.19%
	MTRN	C	0.12%	0.21%	0.12%
	MTX	B	0.06%	0.21%	0.06%
	MYE	F	0.01%	0.04%	0.01%
	MYRG	B	0.09%	0.21%	0.09%
	NBHC	B	0.2%	0.15%	0.15%
	NMIH	D	0.23%	0.24%	0.23%
	NVRI	F	0.01%	0.05%	0.01%
	NWL	B	0.09%	0.25%	0.09%
	NX	C	0.02%	0.11%	0.02%
	ODP	F	0.01%	0.07%	0.01%
	OFG	B	0.19%	0.17%	0.17%
	OI	C	0.05%	0.16%	0.05%
	OII	B	0.16%	0.25%	0.16%
	PATK	D	0.06%	0.21%	0.06%
	PBH	A	0.03%	0.33%	0.03%
	PENN	C	0.08%	0.25%	0.08%
	PFBC	B	0.03%	0.09%	0.03%
	PHIN	A	0.18%	0.19%	0.18%
	PIPR	B	0.21%	0.42%	0.21%
	PLAB	C	0.04%	0.14%	0.04%
	PLAY	D	0.04%	0.09%	0.04%
	PLMR	B	0.23%	0.21%	0.21%
	PRAA	C	0.03%	0.08%	0.03%
	PRDO	B	0.06%	0.14%	0.06%
	PRGS	A	0.06%	0.22%	0.06%
	PSMT	C	0.05%	0.18%	0.05%
	PTEN	C	0.09%	0.23%	0.09%
	PTGX	C	0.26%	0.17%	0.17%
	PUMP	B	0.02%	0.05%	0.02%
	QNST	B	0.07%	0.08%	0.07%
	RAMP	C	0.17%	0.15%	0.15%
	RDN	C	0.14%	0.42%	0.14%
	RDNT	B	0.09%	0.43%	0.09%
	REX	D	0.04%	0.06%	0.04%
	REZI	A	0.1%	0.31%	0.1%
	RNST	B	0.05%	0.19%	0.05%
	ROCK	C	0.06%	0.17%	0.06%
	ROIC	A	0.21%	0.17%	0.17%
	RUSHA	C	0.07%	0.32%	0.07%
	SAH	A	0.02%	0.08%	0.02%
	SBCF	A	0.06%	0.2%	0.06%
	SBSI	B	0.08%	0.08%	0.08%
	SCHL	D	0.05%	0.05%	0.05%
	SCVL	F	0.03%	0.05%	0.03%
	SHAK	C	0.09%	0.35%	0.09%
	SHOO	D	0.12%	0.24%	0.12%
	SIG	B	0.08%	0.35%	0.08%
	SITM	B	0.08%	0.28%	0.08%
	SKYW	B	0.12%	0.35%	0.12%
	SLG	B	0.11%	0.37%	0.11%
	SM	B	0.33%	0.45%	0.33%
	SMPL	B	0.08%	0.24%	0.08%
	SNCY	C	0.01%	0.04%	0.01%
	SNEX	B	0.12%	0.21%	0.12%
	SPSC	C	0.19%	0.54%	0.19%
	STRA	C	0.06%	0.17%	0.06%
	SUPN	C	0.05%	0.17%	0.05%
	SXC	A	0.03%	0.09%	0.03%
	SXI	B	0.04%	0.2%	0.04%
	SXT	B	0.06%	0.26%	0.06%
	TALO	C	0.01%	0.15%	0.01%
	TBBK	B	0.16%	0.24%	0.16%
	TDS	B	0.07%	0.24%	0.07%
	THS	D	0.04%	0.12%	0.04%
	TILE	B	0.04%	0.12%	0.04%
	TPH	D	0.13%	0.32%	0.13%
	TRIP	F	0.1%	0.13%	0.1%
	TRMK	B	0.05%	0.19%	0.05%
	UCB	A	0.08%	0.31%	0.08%
	UCTT	D	0.23%	0.13%	0.13%
	UNFI	A	0.02%	0.1%	0.02%
	UTL	B	0.18%	0.07%	0.07%
	VBTX	B	0.1%	0.13%	0.1%
	VECO	F	0.01%	0.14%	0.01%
	VFC	C	0.21%	0.53%	0.21%
	VIRT	B	0.12%	0.23%	0.12%
	VRTS	B	0.08%	0.13%	0.08%
	VSCO	B	0.13%	0.24%	0.13%
	VTOL	B	0.03%	0.08%	0.03%
	WAFD	B	0.11%	0.2%	0.11%
	WD	D	0.03%	0.29%	0.03%
	WGO	C	0.04%	0.15%	0.04%
	WKC	D	0.05%	0.13%	0.05%
	WNC	C	0.02%	0.07%	0.02%
	WSFS	A	0.09%	0.29%	0.09%
	WT	B	0.03%	0.1%	0.03%
	WWW	B	0.07%	0.14%	0.07%
	XHR	B	0.08%	0.13%	0.08%
	XPEL	C	0.02%	0.07%	0.02%
	YELP	C	0.07%	0.19%	0.07%

JMEE Overweight 328 Positions Relative to QVMS

	Symbol	Grade	Weight
	UTHR	C	1.02%
	EME	C	0.85%
	EXEL	B	0.81%
	COHR	B	0.71%
	THC	D	0.68%
	CSL	C	0.65%
	EWBC	A	0.62%
	CACI	D	0.61%
	RS	B	0.61%
	ACM	A	0.59%
	EHC	B	0.58%
	PSTG	D	0.58%
	NVT	B	0.55%
	RGA	A	0.55%
	UNM	A	0.55%
	CLH	B	0.53%
	OC	A	0.53%
	FN	D	0.52%
	TXRH	C	0.5%
	PFGC	B	0.5%
	SFM	A	0.49%
	TPL	A	0.49%
	MANH	D	0.49%
	CASY	A	0.48%
	WSO	A	0.47%
	TOL	B	0.46%
	GMED	A	0.45%
	FIX	A	0.45%
	FHN	A	0.45%
	LII	A	0.45%
	WBS	A	0.44%
	BRX	A	0.44%
	G	B	0.43%
	JLL	D	0.43%
	DCI	B	0.43%
	PNFP	B	0.42%
	MTDR	B	0.42%
	MASI	A	0.41%
	XPO	B	0.41%
	OGE	B	0.41%
	EGP	F	0.41%
	GGG	B	0.41%
	UFPI	B	0.39%
	IDA	A	0.39%
	IBKR	A	0.39%
	BERY	B	0.38%
	JEF	A	0.38%
	CUBE	D	0.38%
	AMG	B	0.37%
	FR	C	0.37%
	USFD	A	0.36%
	SLM	A	0.34%
	NBIX	C	0.34%
	ILMN	D	0.34%
	DKS	C	0.34%
	RPM	A	0.34%
	EQH	B	0.34%
	MTG	C	0.34%
	CFR	B	0.33%
	FNF	B	0.33%
	AMH	D	0.33%
	RNR	C	0.33%
	WTS	B	0.33%
	INGR	B	0.33%
	CHDN	B	0.33%
	MUSA	A	0.32%
	WEX	D	0.32%
	OVV	B	0.32%
	ARMK	B	0.31%
	ITT	A	0.31%
	BURL	A	0.3%
	DUOL	A	0.3%
	ESNT	D	0.3%
	DT	C	0.3%
	KNX	B	0.3%
	CBT	C	0.3%
	WSM	B	0.3%
	CHRD	D	0.3%
	BJ	A	0.3%
	WING	D	0.29%
	AFG	A	0.29%
	BLD	D	0.29%
	TTEK	F	0.29%
	BRBR	A	0.29%
	ARW	D	0.29%
	RRC	B	0.29%
	AYI	B	0.29%
	SKX	D	0.29%
	HQY	B	0.28%
	LAMR	D	0.28%
	JAZZ	B	0.28%
	AGCO	D	0.28%
	SCI	B	0.28%
	AN	C	0.27%
	RRX	B	0.27%
	IRDM	D	0.27%
	ADC	B	0.27%
	SON	D	0.27%
	SF	B	0.27%
	RLI	B	0.27%
	SNX	C	0.27%
	ONB	B	0.27%
	SNV	B	0.27%
	HAE	C	0.27%
	CMC	B	0.26%
	SEIC	B	0.26%
	BWXT	B	0.26%
	AIT	A	0.26%
	PR	B	0.25%
	PCH	D	0.25%
	LAD	A	0.25%
	CDP	C	0.25%
	CHE	D	0.25%
	CG	A	0.25%
	CCK	C	0.25%
	LECO	B	0.24%
	GLPI	C	0.24%
	CIEN	B	0.24%
	MEDP	D	0.24%
	SRPT	D	0.24%
	WTRG	B	0.24%
	NYT	C	0.24%
	HRB	D	0.24%
	PLNT	A	0.24%
	ELF	C	0.24%
	ATR	B	0.24%
	LPX	B	0.24%
	MXL	C	0.23%
	JHG	A	0.23%
	LNW	D	0.23%
	WMS	D	0.23%
	PEN	B	0.23%
	AAON	B	0.23%
	RBC	A	0.23%
	WAL	B	0.23%
	ANF	C	0.23%
	WCC	B	0.23%
	VIR	D	0.23%
	ELS	C	0.23%
	R	B	0.22%
	ALLY	C	0.22%
	EXP	A	0.22%
	POST	C	0.22%
	TPX	B	0.22%
	PB	A	0.22%
	FHI	A	0.21%
	FLS	B	0.21%
	CR	A	0.21%
	MTZ	B	0.21%
	KEX	C	0.21%
	CBSH	A	0.21%
	EXLS	B	0.21%
	AVNT	B	0.21%
	KBR	F	0.21%
	VOYA	B	0.21%
	WTFC	A	0.2%
	ENSG	D	0.2%
	PCTY	B	0.2%
	FLR	B	0.2%
	CHX	C	0.2%
	AMED	F	0.2%
	VVV	F	0.2%
	DINO	D	0.19%
	OHI	C	0.19%
	OLED	D	0.19%
	FYBR	D	0.19%
	HWC	B	0.19%
	FNB	A	0.19%
	LNTH	D	0.19%
	TKO	B	0.19%
	TKR	D	0.19%
	LSCC	D	0.19%
	OGS	A	0.19%
	NNN	D	0.18%
	DAR	C	0.18%
	CUZ	B	0.18%
	BHF	B	0.18%
	AA	B	0.18%
	UGI	A	0.18%
	ORI	A	0.18%
	OSK	B	0.18%
	CNO	A	0.18%
	ONTO	D	0.18%
	PVH	C	0.18%
	TNL	A	0.17%
	SAIC	F	0.17%
	EVR	B	0.17%
	CIVI	D	0.17%
	SSD	D	0.17%
	HGV	B	0.17%
	MAT	D	0.17%
	NOV	C	0.17%
	CROX	D	0.17%
	PAG	B	0.17%
	COKE	C	0.17%
	MORN	B	0.16%
	GTLS	B	0.16%
	MAN	D	0.16%
	LSTR	D	0.16%
	KRG	B	0.16%
	SBRA	C	0.16%
	CADE	B	0.16%
	RMBS	C	0.16%
	REXR	F	0.16%
	MKSI	C	0.16%
	ESAB	B	0.15%
	DTM	B	0.15%
	X	C	0.15%
	CGNX	C	0.15%
	KBH	D	0.15%
	FND	C	0.15%
	FAF	A	0.15%
	RBA	A	0.15%
	OPCH	D	0.15%
	FCN	D	0.15%
	KRC	C	0.15%
	LUMN	C	0.14%
	CNM	D	0.14%
	THO	B	0.14%
	KNSL	B	0.14%
	BDC	B	0.14%
	MMS	F	0.14%
	GXO	B	0.14%
	UAA	C	0.14%
	TMHC	B	0.14%
	STWD	C	0.14%
	BRKR	D	0.14%
	BC	C	0.13%
	HXL	D	0.13%
	MUR	D	0.13%
	MTN	C	0.13%
	LOPE	B	0.13%
	QLYS	C	0.13%
	BCO	D	0.13%
	ALV	C	0.13%
	GME	C	0.13%
	FLO	D	0.13%
	BYD	C	0.12%
	VMI	B	0.12%
	IRT	A	0.12%
	H	B	0.12%
	TTC	D	0.12%
	GNTX	C	0.11%
	MSM	C	0.11%
	GAP	C	0.11%
	CC	C	0.11%
	OLLI	D	0.11%
	SLGN	A	0.11%
	CELH	F	0.11%
	AM	A	0.11%
	VNT	B	0.1%
	POWI	D	0.1%
	KMPR	B	0.1%
	RH	B	0.1%
	ASGN	F	0.1%
	CHWY	B	0.1%
	BANC	A	0.1%
	MDU	D	0.1%
	TEX	D	0.1%
	ENS	D	0.1%
	VAC	B	0.1%
	BBWI	D	0.1%
	ASH	D	0.1%
	AAL	B	0.1%
	YETI	C	0.09%
	VAL	D	0.09%
	RYN	D	0.09%
	GEF	A	0.09%
	SMTC	B	0.09%
	HOG	D	0.09%
	TCBI	B	0.09%
	AZTA	D	0.09%
	ARWR	F	0.09%
	GBCI	B	0.09%
	CNX	A	0.09%
	ACHC	F	0.09%
	AXTA	A	0.09%
	AR	B	0.09%
	SAIA	B	0.09%
	WWD	B	0.08%
	VYX	B	0.08%
	NATL	B	0.08%
	WU	D	0.08%
	TDC	D	0.08%
	CLF	F	0.08%
	BSIG	A	0.08%
	NWE	B	0.07%
	PBF	D	0.07%
	RGEN	D	0.07%
	M	D	0.07%
	PII	D	0.07%
	FIVE	F	0.07%
	SMG	D	0.07%
	ZD	C	0.07%
	CAR	C	0.06%
	NSP	D	0.06%
	DV	C	0.06%
	WPC	D	0.06%
	KNF	A	0.06%
	RUN	F	0.06%
	PPC	C	0.06%
	UMBF	B	0.06%
	RGLD	C	0.06%
	PK	B	0.06%
	SR	A	0.05%
	EXPO	D	0.05%
	JWN	C	0.05%
	OMCL	C	0.05%
	WFRD	D	0.05%
	CW	B	0.05%
	VRE	B	0.04%
	EPR	D	0.04%
	LEG	F	0.04%
	NGVT	B	0.04%
	GT	C	0.04%
	CPRI	F	0.04%
	ADNT	F	0.04%
	FBIN	D	0.04%
	RCM	F	0.04%
	STAG	F	0.03%
	FWRD	D	0.03%
	TREX	C	0.03%
	SWX	B	0.03%
	COLM	B	0.02%
	GHC	C	0.02%
	EEFT	B	0.02%
	CNXC	F	0.01%
	WOLF	F	0.01%

JMEE Underweight 265 Positions Relative to QVMS

	Symbol	Grade	Weight
	RHI	B	-0.59%
	AWI	A	-0.53%
	MOG.A	B	-0.5%
	LNC	B	-0.5%
	BMI	B	-0.5%
	MC	C	-0.43%
	ITRI	B	-0.42%
	SEE	C	-0.42%
	AL	B	-0.42%
	ALKS	B	-0.39%
	CORT	B	-0.38%
	SFBS	B	-0.38%
	WHD	B	-0.36%
	GTES	A	-0.35%
	NSIT	F	-0.35%
	PECO	A	-0.35%
	SANM	B	-0.34%
	KRYS	B	-0.33%
	OGN	D	-0.33%
	PLXS	B	-0.33%
	NOG	A	-0.33%
	SEM	B	-0.32%
	BGC	C	-0.32%
	FULT	A	-0.32%
	AUB	B	-0.31%
	VRRM	D	-0.3%
	WDFC	B	-0.3%
	CATY	B	-0.3%
	MGEE	C	-0.29%
	SKT	B	-0.29%
	DXC	B	-0.29%
	PJT	A	-0.28%
	ESE	B	-0.28%
	OTTR	C	-0.28%
	FHB	A	-0.28%
	NPO	A	-0.28%
	RXO	C	-0.27%
	STEP	B	-0.27%
	ICUI	D	-0.26%
	APAM	B	-0.26%
	BFH	B	-0.26%
	SFNC	B	-0.25%
	TDW	F	-0.25%
	CCOI	B	-0.25%
	INDB	B	-0.25%
	TRN	C	-0.25%
	ALRM	C	-0.25%
	GSHD	A	-0.24%
	SLVM	B	-0.24%
	BXMT	C	-0.24%
	ENV	B	-0.24%
	BL	B	-0.24%
	BOH	B	-0.24%
	BTU	B	-0.24%
	AVA	A	-0.23%
	PRK	B	-0.23%
	PFS	B	-0.23%
	HASI	D	-0.23%
	VCEL	B	-0.23%
	LCII	C	-0.23%
	UNF	B	-0.23%
	DEI	B	-0.23%
	POWL	C	-0.22%
	ABR	C	-0.22%
	PPBI	B	-0.22%
	HI	C	-0.22%
	FFBC	A	-0.22%
	PAYO	A	-0.21%
	B	B	-0.21%
	JJSF	B	-0.21%
	EPAC	B	-0.21%
	UE	C	-0.21%
	HNI	B	-0.21%
	AIN	C	-0.21%
	WERN	C	-0.2%
	IPAR	B	-0.2%
	NBTB	B	-0.2%
	VSTO	A	-0.2%
	TTMI	B	-0.2%
	CNS	B	-0.2%
	AGYS	A	-0.2%
	KWR	C	-0.19%
	PINC	B	-0.19%
	PRVA	B	-0.19%
	UFPT	B	-0.19%
	AKR	B	-0.19%
	CPRX	C	-0.19%
	ENR	B	-0.19%
	OSIS	B	-0.19%
	VIAV	B	-0.18%
	KMT	B	-0.18%
	PLUS	F	-0.18%
	TFIN	A	-0.18%
	MPW	F	-0.18%
	IBTX	B	-0.18%
	CAKE	C	-0.18%
	PRG	C	-0.17%
	JBLU	F	-0.17%
	GBX	A	-0.17%
	LGIH	D	-0.17%
	SATS	D	-0.17%
	AIR	B	-0.17%
	MRCY	B	-0.17%
	MCY	A	-0.17%
	URBN	C	-0.17%
	NEO	C	-0.16%
	STC	B	-0.16%
	LMAT	A	-0.16%
	GO	C	-0.16%
	CABO	C	-0.16%
	HAYW	B	-0.16%
	SHO	C	-0.16%
	NHC	C	-0.15%
	TRUP	B	-0.15%
	FBNC	A	-0.15%
	NWBI	B	-0.15%
	LGND	B	-0.15%
	FTRE	D	-0.15%
	FCF	A	-0.15%
	LKFN	B	-0.15%
	DRH	B	-0.15%
	CHCO	B	-0.15%
	CTS	C	-0.14%
	NTCT	C	-0.14%
	HLX	B	-0.14%
	VSTS	C	-0.14%
	BANF	B	-0.14%
	TNC	D	-0.14%
	KN	B	-0.14%
	JOE	F	-0.14%
	BHE	B	-0.14%
	CALX	D	-0.14%
	LZB	B	-0.14%
	SONO	C	-0.14%
	ROG	D	-0.14%
	LTC	B	-0.13%
	CSGS	B	-0.13%
	AMWD	C	-0.13%
	STBA	B	-0.13%
	PDCO	D	-0.13%
	ASTH	D	-0.13%
	SCL	C	-0.13%
	MYGN	F	-0.12%
	THRM	D	-0.12%
	PEB	D	-0.12%
	NWN	A	-0.12%
	WABC	B	-0.12%
	SJW	D	-0.12%
	UPBD	B	-0.12%
	SCSC	B	-0.11%
	KALU	C	-0.11%
	USPH	B	-0.11%
	NAVI	C	-0.11%
	GNL	F	-0.11%
	SPNT	A	-0.11%
	LNN	B	-0.11%
	ELME	D	-0.11%
	STAA	F	-0.11%
	SBH	C	-0.11%
	HLIT	D	-0.11%
	WS	B	-0.11%
	DEA	D	-0.1%
	JBGS	D	-0.1%
	VICR	B	-0.1%
	WOR	F	-0.1%
	CRK	B	-0.1%
	SAFT	C	-0.1%
	BHLB	B	-0.1%
	UVV	B	-0.1%
	EIG	B	-0.1%
	ALEX	C	-0.1%
	SNDR	B	-0.09%
	PARR	D	-0.09%
	FIZZ	C	-0.09%
	CBRL	C	-0.09%
	ARLO	C	-0.09%
	PMT	D	-0.09%
	RC	D	-0.09%
	OXM	D	-0.09%
	AMSF	B	-0.09%
	AORT	B	-0.09%
	MSEX	B	-0.09%
	XNCR	B	-0.09%
	CARS	B	-0.09%
	ATEN	B	-0.09%
	CENX	B	-0.09%
	ARI	C	-0.09%
	NVEE	F	-0.09%
	MD	B	-0.09%
	CERT	F	-0.09%
	PRLB	A	-0.08%
	HRMY	D	-0.08%
	MRTN	C	-0.08%
	TMP	B	-0.08%
	MMI	B	-0.08%
	VVI	C	-0.08%
	COLL	F	-0.08%
	ANIP	F	-0.08%
	INVA	D	-0.08%
	VTLE	C	-0.08%
	NXRT	B	-0.08%
	XRX	F	-0.08%
	CLB	B	-0.08%
	CXM	C	-0.08%
	FBRT	C	-0.08%
	KOP	C	-0.07%
	BLFS	C	-0.07%
	EYE	C	-0.07%
	HCSG	C	-0.07%
	EGBN	B	-0.07%
	PRA	C	-0.07%
	PCRX	C	-0.07%
	ASTE	B	-0.07%
	RWT	D	-0.07%
	OMI	F	-0.07%
	TRST	A	-0.06%
	AHCO	F	-0.06%
	NBR	C	-0.06%
	HAYN	C	-0.06%
	NABL	F	-0.06%
	MCW	B	-0.06%
	MATW	C	-0.06%
	SSTK	F	-0.06%
	AOSL	C	-0.06%
	CNXN	C	-0.06%
	HCI	C	-0.06%
	MGPI	F	-0.06%
	RCUS	F	-0.06%
	VSAT	F	-0.05%
	CEVA	B	-0.05%
	HZO	D	-0.05%
	CTKB	C	-0.05%
	MTUS	C	-0.05%
	SMP	B	-0.05%
	SPTN	D	-0.05%
	CVI	F	-0.05%
	IIIN	C	-0.05%
	RGR	F	-0.05%
	SHEN	F	-0.05%
	EZPW	A	-0.05%
	WSR	A	-0.05%
	ETD	C	-0.05%
	INN	D	-0.05%
	SWI	B	-0.05%
	USNA	C	-0.04%
	RGNX	F	-0.04%
	KELYA	F	-0.04%
	SVC	F	-0.04%
	GDOT	D	-0.04%
	PAHC	C	-0.04%
	SLP	D	-0.04%
	UHT	D	-0.04%
	TR	B	-0.04%
	HPP	F	-0.04%
	UFCS	B	-0.04%
	LQDT	B	-0.04%
	RES	D	-0.04%
	HTLD	B	-0.04%
	MLAB	D	-0.04%
	AMBC	C	-0.04%
	CRSR	C	-0.03%
	TWI	F	-0.03%
	NPK	B	-0.03%
	WRLD	C	-0.03%
	THRY	F	-0.03%

JMEE: Top Represented Industries & Keywords

Industries: Banks - Regional - US Building Materials Business Services Diversified Industrials Oil & Gas E&P Packaged Foods Asset Management Specialty Chemicals Specialty Retail REIT - Retail Engineering & Construction REIT - Diversified Semiconductor Equipment & Materials Software - Application Auto Parts Biotechnology Apparel Manufacturing Apparel Stores Medical Care Oil & Gas Equipment & Services

Keywords: Bank Banking Real Estate Investment Trust Mining Chemical Insurance Deposit Products Natural Gas Construction Aerospace Clothing Semiconductor Retail Store Electronics Transport Building Materials Beverage Fashion Medicine Supply Chain Management

QVMS: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Diversified Industrials Oil & Gas Equipment & Services Packaged Foods REIT - Retail Specialty Chemicals Insurance - Property & Casualty Asset Management Auto Parts Oil & Gas E&P REIT - Hotel & Motel Software - Application Specialty Retail Building Materials Communication Equipment Credit Services Electronic Components Medical Instruments & Supplies

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Real Estate Loans Clothing Computing Aerospace Chemical Insurance Commercial Bank Commercial Banking Mining Mortgage Loan Retail Store Semiconductor Transport Fashion Construction