MMTM vs. BTHM ETF Comparison

Comparison of SPDR S&P 1500 Momentum Tilt ETF (MMTM) to BlackRock Future U.S. Themes ETF (BTHM)

MMTM

SPDR S&P 1500 Momentum Tilt ETF

MMTM Description

The investment seeks investment results that, before fees and expenses, correspond to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P 1500 Positive Momentum Tilt Index. It invests substantially all, but at least 80%, of total assets in the securities, including business development companies, comprising the index. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively high momentum are overweight relative to the S&P Composite 1500 Index and stocks with relatively low momentum are underweight. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$261.29

Average Daily Volume

2,111

Number of Holdings ^*

1440

* may have additional holdings in another (foreign) market

BTHM

BlackRock Future U.S. Themes ETF

BTHM Description

BlackRock Future U.S. Themes ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. BlackRock Future U.S. Themes ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

1,481

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	MMTM	BTHM
30 Days	1.15%	7.97%
60 Days	9.74%	9.77%
90 Days	13.97%	4.47%
12 Months	38.96%	40.34%

137 Overlapping Holdings

Symbol	Grade	Weight in MMTM	Weight in BTHM	Overlap
AAPL	C	6.17%	5.31%	5.31%
ACM	A	0.03%	0.15%	0.03%
ACN	C	0.14%	0.61%	0.14%
ADBE	D	0.02%	0.02%	0.02%
ADI	C	0.29%	0.57%	0.29%
ADP	A	0.14%	0.26%	0.14%
AFL	D	0.13%	0.22%	0.13%
AIT	A	0.02%	0.1%	0.02%
AMAT	F	0.41%	0.36%	0.36%
AMD	F	0.74%	0.25%	0.25%
AMG	C	0.01%	0.13%	0.01%
AMZN	A	3.85%	3.26%	3.26%
ANF	F	0.02%	0.38%	0.02%
APH	A	0.24%	2.13%	0.24%
ATR	A	0.02%	0.37%	0.02%
AVGO	B	2.83%	1.73%	1.73%
AWI	A	0.02%	0.04%	0.02%
AXON	B	0.11%	0.17%	0.11%
AZO	D	0.05%	0.16%	0.05%
BKR	A	0.01%	0.12%	0.01%
BMI	D	0.02%	0.46%	0.02%
BOX	C	0.01%	0.34%	0.01%
BRK.A	D	1.32%	2.34%	1.32%
BRO	A	0.06%	0.04%	0.04%
BSX	B	0.36%	1.91%	0.36%
CACI	A	0.03%	0.17%	0.03%
CAH	C	0.02%	0.02%	0.02%
CAT	B	0.56%	0.61%	0.56%
CDNS	B	0.04%	1.22%	0.04%
CDW	F	0.01%	0.02%	0.01%
CHD	C	0.02%	0.06%	0.02%
CL	D	0.17%	1.64%	0.17%
CLH	C	0.03%	0.43%	0.03%
COST	C	1.12%	2.69%	1.12%
CPRT	D	0.03%	0.42%	0.03%
CRS	B	0.03%	0.18%	0.03%
CRUS	F	0.02%	0.26%	0.02%
CSCO	A	0.06%	0.66%	0.06%
CTAS	B	0.21%	0.06%	0.06%
CVLT	C	0.02%	0.54%	0.02%
DECK	B	0.07%	0.58%	0.07%
DKS	F	0.04%	0.4%	0.04%
DTM	A	0.02%	0.55%	0.02%
DY	D	0.02%	0.55%	0.02%
ECL	D	0.17%	0.11%	0.11%
EHC	A	0.03%	0.16%	0.03%
EME	A	0.07%	0.94%	0.07%
ESNT	F	0.01%	0.14%	0.01%
EXP	B	0.03%	0.1%	0.03%
FANG	F	0.02%	0.06%	0.02%
FAST	A	0.04%	0.22%	0.04%
FFIV	B	0.03%	0.27%	0.03%
FI	A	0.31%	0.58%	0.31%
FIX	B	0.05%	0.38%	0.05%
FLR	B	0.02%	0.28%	0.02%
GAP	C	0.02%	0.09%	0.02%
GDDY	B	0.08%	0.55%	0.08%
GE	D	0.65%	2.44%	0.65%
GGG	C	0.01%	0.47%	0.01%
GOOG	B	1.18%	1.08%	1.08%
GOOGL	B	1.61%	1.1%	1.1%
GPC	F	0.01%	0.03%	0.01%
GRMN	A	0.1%	0.21%	0.1%
GWW	A	0.11%	0.32%	0.11%
HLT	B	0.15%	0.31%	0.15%
HUBB	B	0.07%	0.24%	0.07%
HWM	B	0.14%	0.24%	0.14%
IR	B	0.11%	0.55%	0.11%
ITT	B	0.03%	0.42%	0.03%
JBL	B	0.0%	0.36%	0.0%
JHG	A	0.01%	0.04%	0.01%
KLAC	F	0.29%	0.07%	0.07%
KLG	F	0.0%	0.01%	0.0%
KR	A	0.04%	0.24%	0.04%
LECO	C	0.01%	0.41%	0.01%
LII	A	0.06%	0.58%	0.06%
LIN	D	0.19%	0.73%	0.19%
LKQ	F	0.0%	0.14%	0.0%
LNW	D	0.01%	0.33%	0.01%
LOW	B	0.35%	1.59%	0.35%
LPX	C	0.02%	0.03%	0.02%
LRCX	F	0.21%	0.35%	0.21%
MAR	B	0.09%	0.22%	0.09%
MCK	D	0.02%	0.2%	0.02%
META	B	4.2%	2.24%	2.24%
MLI	A	0.03%	0.64%	0.03%
MLM	B	0.05%	0.23%	0.05%
MMC	D	0.07%	0.37%	0.07%
MSFT	D	3.29%	6.87%	3.29%
MSI	B	0.22%	0.49%	0.22%
MTSI	B	0.02%	0.02%	0.02%
MTZ	A	0.03%	0.52%	0.03%
MUSA	D	0.02%	0.16%	0.02%
NFLX	A	0.99%	0.39%	0.39%
NOC	D	0.03%	0.24%	0.03%
NRG	B	0.06%	0.11%	0.06%
NTAP	D	0.07%	0.29%	0.07%
NVDA	B	12.41%	8.91%	8.91%
NXPI	D	0.13%	0.05%	0.05%
OC	B	0.04%	0.17%	0.04%
OLED	F	0.02%	0.04%	0.02%
ORCL	B	0.86%	0.6%	0.6%
ORLY	B	0.06%	0.18%	0.06%
OTIS	B	0.07%	0.08%	0.07%
PAG	D	0.0%	0.11%	0.0%
PG	D	0.25%	2.3%	0.25%
PHM	D	0.09%	0.29%	0.09%
PPC	A	0.01%	2.02%	0.01%
PSTG	D	0.04%	1.29%	0.04%
PTC	B	0.03%	0.46%	0.03%
PWR	A	0.15%	0.33%	0.15%
QCOM	F	0.5%	0.48%	0.48%
ROST	D	0.06%	2.74%	0.06%
RS	C	0.01%	0.01%	0.01%
RSG	C	0.07%	0.55%	0.07%
SEIC	A	0.01%	0.13%	0.01%
SFM	A	0.05%	0.31%	0.05%
SKX	D	0.02%	0.04%	0.02%
SM	F	0.0%	0.19%	0.0%
SNPS	C	0.02%	0.64%	0.02%
SNX	B	0.01%	0.28%	0.01%
SSD	D	0.02%	0.03%	0.02%
SYK	A	0.2%	0.48%	0.2%
TDW	F	0.0%	0.12%	0.0%
TJX	D	0.2%	2.94%	0.2%
TMHC	A	0.02%	0.29%	0.02%
TRGP	A	0.12%	0.68%	0.12%
TT	B	0.29%	1.16%	0.29%
TXN	B	0.44%	1.03%	0.44%
UFPI	D	0.01%	0.2%	0.01%
VLTO	D	0.07%	0.15%	0.07%
VMC	B	0.04%	0.52%	0.04%
VOYA	C	0.01%	0.12%	0.01%
VRSK	B	0.03%	0.17%	0.03%
WM	B	0.09%	0.08%	0.08%
WMT	A	0.88%	1.84%	0.88%
WSM	D	0.06%	0.17%	0.06%

MMTM Overweight 1303 Positions Relative to BTHM

Symbol	Grade	Weight
LLY	F	1.92%
JPM	B	1.72%
HD	B	0.9%
TSLA	B	0.86%
ABBV	B	0.83%
BAC	B	0.77%
MA	B	0.59%
ISRG	A	0.59%
NOW	A	0.53%
WFC	B	0.52%
CRM	B	0.51%
GS	B	0.51%
IBM	D	0.51%
UBER	C	0.51%
AXP	B	0.5%
PM	A	0.48%
RTX	C	0.41%
NEE	D	0.41%
PGR	D	0.41%
TMO	D	0.41%
T	B	0.4%
SPGI	D	0.39%
ETN	B	0.39%
BX	B	0.38%
MS	B	0.37%
BKNG	A	0.37%
KO	D	0.36%
DHR	D	0.36%
C	B	0.35%
KKR	B	0.33%
ANET	B	0.33%
V	A	0.32%
MU	C	0.31%
PLTR	A	0.3%
GEV	A	0.28%
CEG	C	0.28%
VZ	D	0.27%
PH	A	0.25%
PANW	B	0.25%
TMUS	B	0.25%
ICE	C	0.24%
XOM	B	0.24%
SHW	C	0.24%
TDG	B	0.24%
MMM	D	0.23%
PNC	B	0.23%
WELL	B	0.22%
HCA	D	0.22%
PYPL	B	0.2%
AMGN	D	0.2%
CB	D	0.19%
CARR	D	0.19%
USB	B	0.19%
SO	C	0.19%
CRWD	C	0.19%
MCO	D	0.19%
CMG	D	0.18%
JNJ	D	0.18%
URI	B	0.18%
FCX	B	0.17%
ABT	B	0.17%
TFC	C	0.17%
FICO	B	0.17%
MO	A	0.17%
GM	A	0.17%
RCL	A	0.17%
BK	A	0.17%
TGT	D	0.16%
COF	A	0.16%
DHI	D	0.16%
LMT	D	0.16%
MDT	B	0.16%
INTU	D	0.15%
UNH	D	0.15%
JCI	B	0.15%
VRTX	A	0.15%
FIS	B	0.15%
SPG	A	0.15%
MPWR	F	0.15%
REGN	F	0.15%
VST	C	0.15%
MCD	D	0.14%
DUK	D	0.14%
AMT	D	0.14%
PSA	D	0.14%
NEM	D	0.13%
ALL	D	0.13%
AMP	A	0.13%
IRM	B	0.13%
CBRE	A	0.13%
PLD	F	0.13%
OKE	A	0.13%
LEN	D	0.13%
UNP	D	0.12%
DFS	B	0.12%
TRV	B	0.12%
DELL	B	0.12%
ADSK	A	0.12%
D	B	0.12%
MRK	F	0.12%
WMB	A	0.12%
DAL	A	0.11%
SCHW	B	0.11%
RMD	B	0.11%
PEG	C	0.11%
AEP	D	0.11%
DIS	C	0.11%
O	D	0.11%
GLW	B	0.11%
EXR	D	0.11%
CMI	A	0.11%
HIG	D	0.1%
FITB	B	0.1%
WAB	A	0.1%
KMI	A	0.1%
IT	B	0.1%
EFX	D	0.1%
MET	C	0.1%
GEHC	D	0.09%
PRU	C	0.09%
FTNT	C	0.09%
DLR	B	0.09%
NVR	C	0.09%
A	C	0.09%
EBAY	D	0.09%
MTB	B	0.09%
UAL	A	0.08%
HPQ	B	0.08%
SYF	A	0.08%
LDOS	A	0.08%
TSCO	D	0.08%
NDAQ	A	0.08%
GD	D	0.08%
NSC	B	0.08%
BLDR	D	0.07%
HBAN	B	0.07%
K	A	0.07%
SW	A	0.07%
DOV	A	0.07%
ETR	B	0.07%
WDC	C	0.07%
RF	B	0.07%
MTD	D	0.07%
AVB	B	0.07%
ZTS	F	0.07%
IFF	D	0.07%
CVX	B	0.07%
TYL	B	0.07%
XYL	F	0.07%
EQIX	B	0.07%
LHX	B	0.07%
CCI	D	0.07%
VTR	B	0.07%
EIX	D	0.07%
BURL	D	0.06%
THC	C	0.06%
STT	A	0.06%
HON	B	0.06%
ELV	F	0.06%
CFG	B	0.06%
CSL	D	0.06%
PEP	F	0.06%
ZBRA	B	0.06%
STX	D	0.06%
CCL	B	0.06%
FSLR	D	0.06%
BALL	F	0.05%
CMCSA	B	0.05%
PCAR	B	0.05%
CW	B	0.05%
PPL	B	0.05%
ITW	A	0.05%
HPE	B	0.05%
PKG	A	0.05%
ACGL	F	0.05%
CINF	B	0.05%
DE	C	0.05%
WAT	A	0.05%
KEY	B	0.05%
DTE	D	0.05%
PNR	A	0.05%
MAS	C	0.05%
TPL	A	0.05%
SMCI	F	0.05%
GILD	A	0.05%
BBY	D	0.05%
TER	F	0.05%
IQV	F	0.05%
EMR	A	0.05%
AJG	D	0.05%
TOL	C	0.05%
PODD	A	0.05%
KVUE	A	0.05%
IBKR	A	0.05%
COHR	B	0.05%
EQR	D	0.05%
EXPE	A	0.05%
AVTR	D	0.04%
BLD	D	0.04%
CTVA	A	0.04%
KDP	F	0.04%
TTEK	A	0.04%
LAMR	B	0.04%
TPR	B	0.04%
EWBC	B	0.04%
AON	B	0.04%
KMB	D	0.04%
MSCI	B	0.04%
IP	A	0.04%
DUOL	B	0.04%
WSO	C	0.04%
ESS	D	0.04%
RVTY	C	0.04%
UHS	D	0.04%
FDX	D	0.04%
MANH	D	0.04%
CI	D	0.04%
USFD	A	0.04%
CLX	C	0.04%
AIG	B	0.04%
ERIE	F	0.04%
TXRH	B	0.04%
CSX	D	0.04%
EQH	B	0.04%
OMC	B	0.04%
DOC	A	0.04%
MDLZ	F	0.04%
FNF	D	0.04%
NTRS	B	0.04%
SRPT	D	0.04%
SRE	C	0.04%
UTHR	A	0.04%
GEN	B	0.04%
CPAY	B	0.04%
JLL	A	0.04%
VTRS	B	0.03%
PFG	D	0.03%
CHRW	C	0.03%
AMCR	D	0.03%
BR	B	0.03%
WEC	B	0.03%
HLNE	B	0.03%
SCI	A	0.03%
RL	A	0.03%
FE	D	0.03%
RPM	B	0.03%
NCLH	B	0.03%
AA	B	0.03%
BWXT	B	0.03%
DOW	F	0.03%
AAON	B	0.03%
HAS	D	0.03%
GKOS	C	0.03%
AWK	D	0.03%
ALLY	D	0.03%
ROP	F	0.03%
FND	D	0.03%
FYBR	C	0.03%
FN	C	0.03%
HLI	B	0.03%
ED	D	0.03%
MKC	D	0.03%
GME	C	0.03%
TECH	C	0.03%
AYI	A	0.03%
WMS	D	0.03%
VICI	D	0.03%
KIM	A	0.03%
CASY	A	0.03%
NVT	C	0.03%
YUM	C	0.03%
ALGN	F	0.03%
DD	C	0.03%
WING	F	0.03%
JNPR	A	0.03%
BMY	A	0.03%
FBIN	B	0.03%
ATO	B	0.03%
UDR	D	0.03%
JXN	B	0.03%
ALLE	D	0.03%
SBUX	B	0.03%
WTW	A	0.03%
CTSH	D	0.03%
CG	B	0.03%
IDXX	F	0.03%
CUBE	D	0.03%
CPT	D	0.03%
WAL	C	0.03%
KEYS	C	0.03%
GNRC	A	0.03%
LYV	A	0.03%
BXP	B	0.03%
EVR	B	0.03%
ES	D	0.03%
SF	B	0.03%
AME	A	0.03%
PCG	B	0.03%
RGA	D	0.03%
CMS	C	0.03%
EMN	D	0.03%
PSX	F	0.03%
LUV	B	0.03%
XPO	A	0.03%
ONTO	F	0.03%
RJF	B	0.03%
COR	B	0.03%
NI	A	0.03%
PAYX	B	0.03%
CTLT	D	0.03%
MAA	D	0.03%
JEF	B	0.03%
CYTK	F	0.02%
WTFC	B	0.02%
CBT	B	0.02%
UMBF	B	0.02%
GPK	D	0.02%
BAX	D	0.02%
PLNT	D	0.02%
ALTR	B	0.02%
KBH	D	0.02%
ANSS	C	0.02%
OHI	B	0.02%
LNT	C	0.02%
PI	D	0.02%
MATX	A	0.02%
J	D	0.02%
HOLX	C	0.02%
SHAK	B	0.02%
VMI	A	0.02%
SKYW	A	0.02%
L	D	0.02%
XEL	B	0.02%
ADC	C	0.02%
BRX	A	0.02%
EPRT	D	0.02%
H	F	0.02%
AXTA	A	0.02%
NNN	D	0.02%
KHC	F	0.02%
TPX	D	0.02%
DGX	B	0.02%
PSN	A	0.02%
ABNB	C	0.02%
NSIT	F	0.02%
PRI	B	0.02%
NWSA	B	0.02%
RBC	D	0.02%
DPZ	C	0.02%
R	A	0.02%
IBP	C	0.02%
STE	D	0.02%
MARA	D	0.02%
RGLD	B	0.02%
TFX	F	0.02%
TDY	B	0.02%
PFE	D	0.02%
AIZ	C	0.02%
DOCS	B	0.02%
MASI	A	0.02%
SRCL	A	0.02%
FSS	D	0.02%
INVH	F	0.02%
RDNT	C	0.02%
MTG	D	0.02%
KNSL	F	0.02%
IVZ	B	0.02%
MCHP	F	0.02%
EAT	A	0.02%
F	F	0.02%
DVA	D	0.02%
SSB	B	0.02%
TROW	B	0.02%
EVRG	B	0.02%
KEX	D	0.02%
WY	D	0.02%
FLS	A	0.02%
TKO	D	0.02%
MOG.A	C	0.02%
SLG	A	0.02%
ILMN	A	0.02%
CROX	F	0.02%
HALO	C	0.02%
AVAV	B	0.02%
MEDP	F	0.02%
FHN	B	0.02%
COOP	C	0.02%
ACIW	C	0.02%
FOXA	B	0.02%
CSWI	B	0.02%
SYY	C	0.02%
CNM	C	0.02%
TSN	D	0.02%
AVY	D	0.02%
ON	D	0.02%
STZ	F	0.02%
ARMK	B	0.02%
NYT	C	0.02%
MTH	D	0.02%
TRMB	B	0.02%
PFGC	A	0.02%
RYAN	B	0.02%
MKSI	F	0.02%
ENSG	B	0.02%
WRB	C	0.02%
FTV	F	0.02%
BRBR	A	0.02%
COKE	D	0.02%
KNF	B	0.02%
CIEN	B	0.02%
INGR	A	0.02%
PNFP	A	0.02%
ATI	F	0.02%
CBOE	B	0.02%
ZION	B	0.02%
ESAB	A	0.02%
CR	A	0.02%
AES	F	0.02%
SWK	D	0.02%
GMED	A	0.02%
HRB	D	0.02%
CME	B	0.02%
LNTH	B	0.02%
ROL	D	0.02%
EA	A	0.02%
APD	B	0.02%
SNV	B	0.02%
ENPH	F	0.02%
RRX	B	0.02%
VNO	B	0.02%
WWD	C	0.02%
MHK	D	0.02%
GIS	D	0.02%
CMA	B	0.02%
LUMN	B	0.02%
ARE	D	0.02%
MOH	D	0.01%
ELS	D	0.01%
AIR	F	0.01%
HOMB	B	0.01%
DFIN	F	0.01%
ALE	A	0.01%
UGI	F	0.01%
UBSI	B	0.01%
JBLU	D	0.01%
AM	D	0.01%
CRVL	C	0.01%
BANR	B	0.01%
WU	F	0.01%
VSTO	A	0.01%
AGO	C	0.01%
CARG	A	0.01%
SLB	F	0.01%
VCEL	D	0.01%
PFS	B	0.01%
PPBI	B	0.01%
URBN	D	0.01%
WS	B	0.01%
VECO	F	0.01%
THG	B	0.01%
FUL	D	0.01%
MTX	B	0.01%
WTS	D	0.01%
KRG	A	0.01%
OTTR	C	0.01%
THO	C	0.01%
CWEN	C	0.01%
SAIC	A	0.01%
UCTT	F	0.01%
VIRT	C	0.01%
GATX	B	0.01%
FORM	F	0.01%
STC	D	0.01%
TBBK	D	0.01%
NEU	D	0.01%
PRG	D	0.01%
NHC	D	0.01%
UCB	D	0.01%
PLUS	D	0.01%
WLK	F	0.01%
IEX	B	0.01%
LGND	B	0.01%
PNW	D	0.01%
EOG	F	0.01%
CPK	D	0.01%
MIDD	D	0.01%
WTRG	B	0.01%
CVCO	A	0.01%
SPSC	F	0.01%
BRC	D	0.01%
FRT	C	0.01%
WAFD	D	0.01%
APOG	B	0.01%
BDX	D	0.01%
PRK	B	0.01%
ADUS	D	0.01%
EGP	F	0.01%
X	C	0.01%
OGE	A	0.01%
MYGN	F	0.01%
PHIN	C	0.01%
STAG	D	0.01%
PK	D	0.01%
QRVO	F	0.01%
PATK	D	0.01%
PLMR	D	0.01%
SANM	B	0.01%
APPF	D	0.01%
CPRX	A	0.01%
JWN	B	0.01%
ACA	A	0.01%
CNK	B	0.01%
GNTX	C	0.01%
LMAT	B	0.01%
B	A	0.01%
ATGE	B	0.01%
KFY	C	0.01%
ROIV	D	0.01%
CDP	A	0.01%
NPO	D	0.01%
SWX	B	0.01%
ELF	F	0.01%
NMIH	D	0.01%
SEM	C	0.01%
HSY	F	0.01%
CRL	F	0.01%
FDS	B	0.01%
RXO	C	0.01%
AVT	B	0.01%
ASTH	B	0.01%
MCY	B	0.01%
PJT	B	0.01%
HWC	B	0.01%
NSA	D	0.01%
RLI	B	0.01%
SKT	B	0.01%
CVS	F	0.01%
EXEL	A	0.01%
OLLI	C	0.01%
SWKS	F	0.01%
ASB	A	0.01%
GEO	C	0.01%
SFNC	B	0.01%
GRBK	D	0.01%
CF	B	0.01%
CBU	A	0.01%
NDSN	D	0.01%
CFR	B	0.01%
CNO	B	0.01%
HBI	B	0.01%
BKU	D	0.01%
HNI	D	0.01%
AZZ	C	0.01%
HII	F	0.01%
SNA	A	0.01%
ABCB	B	0.01%
OUT	B	0.01%
SIG	D	0.01%
FNB	B	0.01%
GVA	A	0.01%
AL	C	0.01%
FBP	D	0.01%
TNL	A	0.01%
DEI	B	0.01%
INTC	C	0.01%
CNP	B	0.01%
HOG	F	0.01%
CHDN	C	0.01%
FULT	B	0.01%
DOCN	F	0.01%
CPB	D	0.01%
TRN	B	0.01%
OGN	F	0.01%
RUSHA	A	0.01%
IBOC	B	0.01%
CNC	D	0.01%
SLVM	A	0.01%
TREX	C	0.01%
FAF	D	0.01%
MKTX	B	0.01%
IDCC	A	0.01%
BA	F	0.01%
KMPR	B	0.01%
BJ	B	0.01%
M	C	0.01%
CCK	B	0.01%
AMKR	F	0.01%
GFF	D	0.01%
ENV	B	0.01%
POST	D	0.01%
NOVT	F	0.01%
BGC	A	0.01%
GMS	B	0.01%
JKHY	A	0.01%
INCY	A	0.01%
SATS	C	0.01%
TMDX	F	0.01%
POWL	A	0.01%
TXT	D	0.01%
KRC	B	0.01%
PPG	F	0.01%
BCPC	C	0.01%
DRI	B	0.01%
ZWS	A	0.01%
FMC	B	0.01%
BOOT	D	0.01%
CWK	B	0.01%
PTGX	B	0.01%
DORM	A	0.01%
RUN	D	0.01%
HWKN	D	0.01%
WPC	F	0.01%
SITM	B	0.01%
ROK	C	0.01%
CTRE	B	0.01%
AFG	F	0.01%
LH	B	0.01%
REG	B	0.01%
LYB	F	0.01%
DT	B	0.01%
MAC	A	0.01%
NKE	F	0.01%
MC	C	0.01%
FOX	B	0.01%
AX	B	0.01%
AOS	F	0.01%
COP	D	0.01%
EXLS	A	0.01%
SAIA	B	0.01%
CNX	B	0.01%
ODFL	B	0.01%
WCC	B	0.01%
MORN	B	0.01%
GPI	C	0.01%
VLO	F	0.01%
EW	D	0.01%
CALM	B	0.01%
VVV	D	0.01%
ITGR	C	0.01%
KTB	B	0.01%
CE	F	0.01%
SBRA	B	0.01%
AMH	F	0.01%
UPS	C	0.01%
ORI	C	0.01%
WD	B	0.01%
CAG	D	0.01%
KMX	D	0.01%
POOL	B	0.01%
YOU	B	0.01%
BCC	C	0.01%
AROC	C	0.01%
GBCI	B	0.01%
RH	B	0.01%
FTDR	A	0.01%
TGTX	B	0.01%
HST	C	0.01%
VRRM	F	0.01%
STLD	B	0.01%
TTWO	B	0.01%
TPH	D	0.01%
PB	A	0.01%
HIW	C	0.01%
FR	D	0.01%
CORT	A	0.01%
RDN	D	0.01%
GTES	A	0.01%
EXPD	D	0.01%
LAD	A	0.01%
FFIN	C	0.01%
SMTC	B	0.01%
AVNT	D	0.01%
LITE	B	0.01%
MMSI	B	0.01%
ITRI	A	0.01%
CADE	B	0.01%
SBAC	D	0.01%
SMG	A	0.01%
COLB	B	0.01%
MDU	F	0.01%
SFBS	B	0.01%
ONB	B	0.01%
PVH	D	0.01%
EXPO	D	0.01%
RBA	A	0.01%
UNM	A	0.01%
MPC	F	0.01%
SLM	C	0.01%
GLPI	C	0.01%
IRT	D	0.01%
EXC	D	0.01%
INSP	D	0.01%
ALK	B	0.01%
PIPR	B	0.01%
ICUI	D	0.01%
LNC	B	0.01%
HASI	B	0.01%
CBSH	B	0.01%
STEP	B	0.01%
DCI	B	0.01%
LRN	A	0.01%
IIPR	B	0.01%
MHO	D	0.01%
ADMA	C	0.01%
VFC	B	0.01%
BCO	D	0.01%
CUZ	B	0.01%
BDC	B	0.01%
RNR	B	0.01%
KD	F	0.01%
KRYS	D	0.01%
AEE	A	0.01%
RGNX	F	0.0%
BFS	C	0.0%
FLGT	C	0.0%
RES	F	0.0%
PAHC	B	0.0%
VTLE	F	0.0%
SLP	F	0.0%
TR	D	0.0%
HZO	F	0.0%
PCRX	C	0.0%
VIR	B	0.0%
HFWA	A	0.0%
GDOT	B	0.0%
AOSL	F	0.0%
PUMP	F	0.0%
MMI	C	0.0%
BSIG	A	0.0%
XPEL	F	0.0%
RCUS	F	0.0%
EYE	C	0.0%
VSAT	F	0.0%
SPTN	C	0.0%
AHCO	F	0.0%
AVNS	F	0.0%
PARR	F	0.0%
CLB	B	0.0%
SBSI	D	0.0%
CBRL	D	0.0%
SEDG	F	0.0%
HRMY	D	0.0%
TGI	C	0.0%
TALO	D	0.0%
OMI	F	0.0%
AORT	B	0.0%
BJRI	B	0.0%
TWI	F	0.0%
LNN	C	0.0%
DGII	B	0.0%
DEA	C	0.0%
PBI	A	0.0%
DAN	F	0.0%
GOGO	D	0.0%
HELE	C	0.0%
QNST	B	0.0%
CLW	F	0.0%
MYE	F	0.0%
IART	C	0.0%
PGNY	F	0.0%
BHLB	B	0.0%
HLIT	F	0.0%
AAT	B	0.0%
CSR	D	0.0%
STAA	F	0.0%
FOXF	F	0.0%
HOPE	D	0.0%
PEB	F	0.0%
BLMN	F	0.0%
ALGM	F	0.0%
VSTS	F	0.0%
MP	B	0.0%
DVAX	B	0.0%
LEG	F	0.0%
FBNC	C	0.0%
CEVA	D	0.0%
WGO	D	0.0%
FTRE	F	0.0%
CXW	C	0.0%
CAR	C	0.0%
UAA	B	0.0%
NWBI	C	0.0%
WOLF	D	0.0%
FL	F	0.0%
RCM	B	0.0%
NEO	C	0.0%
CNMD	C	0.0%
AMPH	B	0.0%
LGIH	C	0.0%
ADNT	F	0.0%
UNIT	B	0.0%
RNST	B	0.0%
ROG	D	0.0%
GDEN	F	0.0%
SABR	C	0.0%
BLFS	C	0.0%
ARWR	D	0.0%
SBCF	B	0.0%
CNXC	F	0.0%
HI	C	0.0%
EXTR	C	0.0%
NBR	B	0.0%
VSH	F	0.0%
ASTE	C	0.0%
VTOL	D	0.0%
YELP	D	0.0%
DLX	D	0.0%
DV	D	0.0%
EMBC	C	0.0%
WERN	B	0.0%
MNRO	B	0.0%
VC	F	0.0%
ARCH	C	0.0%
USNA	D	0.0%
SCHL	F	0.0%
JACK	C	0.0%
COLM	C	0.0%
LBRT	F	0.0%
ALGT	B	0.0%
VAC	C	0.0%
VICR	A	0.0%
SLAB	F	0.0%
GT	C	0.0%
CABO	C	0.0%
PTEN	F	0.0%
LCII	D	0.0%
PENN	D	0.0%
ETD	F	0.0%
PII	F	0.0%
UNF	D	0.0%
HAFC	A	0.0%
XNCR	B	0.0%
POWI	C	0.0%
PCH	D	0.0%
PLAY	C	0.0%
SXC	B	0.0%
ORA	A	0.0%
MSM	D	0.0%
HAIN	B	0.0%
CFFN	B	0.0%
WABC	B	0.0%
NVRI	F	0.0%
DXC	C	0.0%
NWN	D	0.0%
FLO	D	0.0%
IRWD	D	0.0%
BRKL	B	0.0%
RC	F	0.0%
UA	B	0.0%
NGVT	B	0.0%
BYD	B	0.0%
HTLD	F	0.0%
SJW	D	0.0%
LTC	B	0.0%
ECPG	C	0.0%
NWL	B	0.0%
SEE	B	0.0%
PZZA	B	0.0%
AXL	F	0.0%
ALG	D	0.0%
SCL	D	0.0%
CELH	F	0.0%
ST	F	0.0%
FIZZ	B	0.0%
KOP	F	0.0%
MLKN	D	0.0%
BANF	B	0.0%
MD	A	0.0%
JOE	F	0.0%
EPC	D	0.0%
CNSL	A	0.0%
DCOM	B	0.0%
LEA	F	0.0%
MODG	F	0.0%
WT	C	0.0%
GTLS	B	0.0%
WHR	B	0.0%
WFRD	F	0.0%
ENOV	D	0.0%
SDGR	F	0.0%
ENR	B	0.0%
G	C	0.0%
AMSF	B	0.0%
USPH	D	0.0%
MATV	D	0.0%
MTDR	D	0.0%
DAR	C	0.0%
JAZZ	C	0.0%
HPP	F	0.0%
AGCO	D	0.0%
AIN	D	0.0%
PCTY	A	0.0%
OI	F	0.0%
CGNX	C	0.0%
DINO	F	0.0%
GES	F	0.0%
SCSC	D	0.0%
HMN	A	0.0%
XRAY	F	0.0%
NVEE	C	0.0%
SAFT	D	0.0%
LSCC	D	0.0%
MXL	D	0.0%
HGV	C	0.0%
MCRI	A	0.0%
NARI	B	0.0%
LKFN	B	0.0%
GXO	B	0.0%
HCI	B	0.0%
DRH	B	0.0%
AHH	D	0.0%
RGEN	D	0.0%
GEF	B	0.0%
AMR	D	0.0%
AMN	F	0.0%
KLIC	B	0.0%
KALU	C	0.0%
PAYC	A	0.0%
UTL	D	0.0%
ROIC	B	0.0%
GSHD	B	0.0%
CWT	D	0.0%
GO	F	0.0%
KSS	F	0.0%
CHRD	F	0.0%
NSP	F	0.0%
KELYA	D	0.0%
BEN	C	0.0%
BL	C	0.0%
VRTS	C	0.0%
RRC	C	0.0%
JBSS	F	0.0%
SVC	F	0.0%
CPRI	F	0.0%
CSGS	C	0.0%
UPBD	D	0.0%
LQDT	C	0.0%
JBGS	D	0.0%
AR	F	0.0%
GL	C	0.0%
MAT	A	0.0%
PRAA	C	0.0%
HSIC	F	0.0%
IPAR	C	0.0%
MATW	D	0.0%
JJSF	C	0.0%
SHO	B	0.0%
OMCL	B	0.0%
WBA	C	0.0%
PR	D	0.0%
BHF	C	0.0%
UFCS	D	0.0%
XRX	F	0.0%
TAP	C	0.0%
PEN	B	0.0%
LESL	C	0.0%
EVTC	F	0.0%
CTS	B	0.0%
PLAB	D	0.0%
VRE	D	0.0%
ACLS	F	0.0%
WNC	F	0.0%
TRIP	C	0.0%
CC	D	0.0%
EPAM	F	0.0%
ALB	C	0.0%
JBT	B	0.0%
MTRN	D	0.0%
MGPI	F	0.0%
PRLB	B	0.0%
DAY	A	0.0%
CERT	F	0.0%
OVV	F	0.0%
OPCH	F	0.0%
ASIX	C	0.0%
VIAV	B	0.0%
FCF	D	0.0%
KAR	D	0.0%
IIIN	F	0.0%
TMP	B	0.0%
MSEX	C	0.0%
SOLV	B	0.0%
SJM	D	0.0%
PDFS	D	0.0%
COHU	C	0.0%
VSCO	B	0.0%
AAL	C	0.0%
HRL	D	0.0%
EXPI	C	0.0%
AEIS	B	0.0%
BXMT	C	0.0%
MPW	D	0.0%
DNOW	D	0.0%
NVST	B	0.0%
DLTR	F	0.0%
MTN	F	0.0%
BG	F	0.0%
EFC	D	0.0%
GNL	D	0.0%
ARCB	F	0.0%
HCSG	B	0.0%
BMRN	F	0.0%
GPRE	D	0.0%
CZR	D	0.0%
FDP	A	0.0%
MOS	C	0.0%
SYNA	F	0.0%
HP	C	0.0%
COLL	F	0.0%
BANC	B	0.0%
SAM	B	0.0%
NABL	D	0.0%
PRGO	F	0.0%
BDN	D	0.0%
AWR	C	0.0%
TILE	A	0.0%
APA	F	0.0%
FIVE	C	0.0%
SHC	D	0.0%
THS	F	0.0%
GTY	C	0.0%
JBHT	B	0.0%
MRO	C	0.0%
YETI	F	0.0%
CEIX	A	0.0%
PDCO	C	0.0%
DG	F	0.0%
WWW	C	0.0%
ATEN	B	0.0%
ALKS	C	0.0%
RWT	D	0.0%
INN	F	0.0%
AAP	F	0.0%
AKAM	D	0.0%
SMP	C	0.0%
CALX	D	0.0%
VVI	B	0.0%
TRST	C	0.0%
IPGP	C	0.0%
TGNA	B	0.0%
RGR	D	0.0%
EGBN	B	0.0%
AMWD	B	0.0%
SHEN	D	0.0%
PNM	B	0.0%
UHT	D	0.0%
TKR	D	0.0%
MRTN	D	0.0%
VRSN	F	0.0%
ICHR	D	0.0%
VLY	B	0.0%
CAL	F	0.0%
CHH	B	0.0%
CVBF	B	0.0%
WDFC	A	0.0%
ABR	B	0.0%
ANDE	F	0.0%
HUBG	C	0.0%
NAVI	F	0.0%
NEOG	F	0.0%
BGS	D	0.0%
LXP	D	0.0%
SSTK	F	0.0%
CAKE	B	0.0%
KMT	A	0.0%
FWRD	C	0.0%
BIO	A	0.0%
SUPN	B	0.0%
RYN	B	0.0%
AVA	D	0.0%
PRA	B	0.0%
NX	C	0.0%
LFUS	D	0.0%
OLN	F	0.0%
MTCH	C	0.0%
CARS	D	0.0%
ODP	D	0.0%
CTRA	F	0.0%
KN	B	0.0%
COTY	F	0.0%
PRGS	B	0.0%
MRNA	F	0.0%
ACHC	F	0.0%
FHI	A	0.0%
TDC	D	0.0%
VAL	F	0.0%
SMPL	B	0.0%
TTMI	B	0.0%
BBWI	D	0.0%
VYX	C	0.0%
MTUS	F	0.0%
WOR	F	0.0%
HTH	D	0.0%
ARW	F	0.0%
TTGT	C	0.0%
ALEX	C	0.0%
DIOD	F	0.0%
WEN	B	0.0%
PAYO	A	0.0%
TRUP	B	0.0%
NTCT	B	0.0%
PMT	D	0.0%
FCN	F	0.0%
ASO	F	0.0%
TEX	F	0.0%
MRCY	D	0.0%
WBD	D	0.0%
ALV	D	0.0%
KWR	F	0.0%
CHCO	B	0.0%
CLF	D	0.0%
WST	C	0.0%
ZD	D	0.0%
HAE	D	0.0%
SAH	B	0.0%
FCPT	D	0.0%
ASGN	F	0.0%
CRI	F	0.0%
EQT	B	0.0%
UVV	C	0.0%
DBX	B	0.0%
LIVN	D	0.0%
TRMK	B	0.0%
THRM	F	0.0%
HAYW	B	0.0%
CHE	F	0.0%
ETSY	D	0.0%
BC	C	0.0%
INDB	B	0.0%
MGY	B	0.0%
ARI	F	0.0%
PRDO	B	0.0%
IBTX	B	0.0%
BKE	A	0.0%
LANC	B	0.0%
EIG	A	0.0%
TCBI	B	0.0%
HAL	F	0.0%
DVN	F	0.0%
LVS	B	0.0%
REX	C	0.0%
AGYS	D	0.0%
PARA	C	0.0%
CUBI	F	0.0%
NATL	D	0.0%
IRDM	B	0.0%
RAMP	D	0.0%
BIIB	F	0.0%
SR	D	0.0%
PBF	F	0.0%
HSII	B	0.0%
OZK	B	0.0%
CENTA	D	0.0%
LOPE	C	0.0%
SXI	B	0.0%
NXST	B	0.0%
SBH	B	0.0%
RHI	B	0.0%
APTV	F	0.0%
BHE	B	0.0%
OII	C	0.0%
UNFI	B	0.0%
GPN	D	0.0%
OXM	F	0.0%
CNXN	D	0.0%
CCOI	B	0.0%
CXT	F	0.0%
ENS	D	0.0%
CATY	B	0.0%
GBX	A	0.0%
FFBC	B	0.0%
NWE	D	0.0%
DXCM	D	0.0%
CHTR	B	0.0%
PECO	A	0.0%
AMED	C	0.0%
KNX	B	0.0%
MSGS	B	0.0%
ARLO	F	0.0%
REXR	F	0.0%
SON	F	0.0%
BWA	D	0.0%
XHR	B	0.0%
CPF	D	0.0%
CSGP	D	0.0%
HUM	F	0.0%
RMBS	C	0.0%
ABG	B	0.0%
DLB	C	0.0%
BOH	A	0.0%
REZI	B	0.0%
CHX	F	0.0%
ZBH	D	0.0%
VBTX	B	0.0%
LULU	C	0.0%
EL	F	0.0%
ROCK	D	0.0%
MSA	D	0.0%
BRKR	F	0.0%
HXL	F	0.0%
ASH	F	0.0%
GIII	C	0.0%
SCVL	D	0.0%
BKH	D	0.0%
PSMT	D	0.0%
SNEX	A	0.0%
LZB	D	0.0%
ELME	D	0.0%
STRA	F	0.0%
SPNT	F	0.0%
OXY	F	0.0%
CRC	B	0.0%
MGM	D	0.0%
SIGI	D	0.0%
NFG	B	0.0%
FELE	D	0.0%
NUE	F	0.0%
TTC	D	0.0%
ADM	F	0.0%
MAN	F	0.0%
APLE	B	0.0%
PFBC	B	0.0%
INVA	C	0.0%
NOG	D	0.0%
NOV	F	0.0%
MUR	F	0.0%
OGS	D	0.0%
TNDM	F	0.0%
BLKB	F	0.0%
MNST	B	0.0%
HES	C	0.0%
HQY	A	0.0%
WYNN	D	0.0%
NBIX	D	0.0%
FHB	A	0.0%
MYRG	B	0.0%
SXT	C	0.0%
OFG	D	0.0%
NBTB	D	0.0%
CIVI	F	0.0%
EPR	D	0.0%
CASH	B	0.0%
GNW	D	0.0%
FBK	B	0.0%
AZTA	D	0.0%
IPG	F	0.0%
ESE	A	0.0%
CCS	D	0.0%
APAM	B	0.0%
STBA	D	0.0%
LW	C	0.0%
SLGN	A	0.0%
WH	B	0.0%
EPAC	A	0.0%
CENX	B	0.0%
NJR	D	0.0%
NBHC	B	0.0%
TDS	B	0.0%
HLX	F	0.0%
AKR	A	0.0%
AUB	C	0.0%
TFIN	B	0.0%
POR	C	0.0%
EEFT	C	0.0%
ENVA	B	0.0%
BFH	C	0.0%
BERY	C	0.0%
KBR	B	0.0%
WSFS	D	0.0%
MGEE	B	0.0%
ANIP	F	0.0%
PLXS	A	0.0%
OSIS	D	0.0%
WHD	C	0.0%
LPG	F	0.0%
MMS	D	0.0%
UFPT	C	0.0%
CHEF	C	0.0%
IDA	A	0.0%
OSK	C	0.0%
HCC	B	0.0%
PBH	A	0.0%
IOSP	D	0.0%
NWS	A	0.0%
SHOO	D	0.0%
QLYS	D	0.0%
STWD	D	0.0%
TNC	F	0.0%
WEX	F	0.0%
UE	A	0.0%
AN	D	0.0%
GHC	A	0.0%
VNT	C	0.0%
WKC	D	0.0%
CMC	B	0.0%
CNS	B	0.0%
ABM	B	0.0%
WBS	B	0.0%
ULTA	D	0.0%
LSTR	D	0.0%
EG	F	0.0%
AEO	F	0.0%
ALRM	D	0.0%

MMTM Underweight 12 Positions Relative to BTHM

Symbol	Grade	Weight
CHKP	F	-1.87%
SSNC	D	-0.75%
WCN	D	-0.61%
BAH	A	-0.53%
DDS	C	-0.42%
AXS	B	-0.24%
HESM	F	-0.22%
SPOT	B	-0.21%
TENB	F	-0.13%
ALSN	A	-0.08%
ZETA	C	-0.07%
GWRE	B	-0.04%