MMTM vs. XHYI ETF Comparison

Comparison of SPDR S&P 1500 Momentum Tilt ETF (MMTM) to BondBloxx USD High Yield Bond Industrial Sector ETF (XHYI)

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

$231.30

Average Daily Volume

1,621

Number of Holdings ^*

1419

* may have additional holdings in another (foreign) market

XHYI

BondBloxx USD High Yield Bond Industrial Sector ETF

XHYI Description

The BondBloxx USD High Yield Bond Industrial Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the industrial sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Core Industrial Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the industrial sector, including the basic materials, capital goods, transportation and services subsectors.

Grade (RS Rating)

Last Trade

$37.71

Average Daily Volume

5,879

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	MMTM	XHYI
30 Days	5.01%	1.85%
60 Days	2.64%	1.38%
90 Days	6.27%	2.26%
12 Months	33.90%	9.81%

69 Overlapping Holdings

Symbol	Grade	Weight in MMTM	Weight in XHYI	Overlap
AA	B	0.0%	0.27%	0.0%
AAL	C	0.01%	0.36%	0.01%
ACM	D	0.02%	0.39%	0.02%
ARMK	B	0.02%	0.25%	0.02%
ASGN	C	0.01%	0.25%	0.01%
ASH	B	0.0%	0.23%	0.0%
ATGE	B	0.01%	0.24%	0.01%
ATI	B	0.02%	0.37%	0.02%
AVNT	B	0.0%	0.52%	0.0%
AXTA	C	0.01%	0.45%	0.01%
BCO	B	0.01%	0.37%	0.01%
BERY	D	0.01%	0.26%	0.01%
BLD	C	0.05%	0.24%	0.05%
BLDR	D	0.08%	0.35%	0.08%
CAR	D	0.0%	0.25%	0.0%
CASH	C	0.0%	0.43%	0.0%
CC	C	0.0%	0.37%	0.0%
CCK	C	0.0%	0.52%	0.0%
CCS	C	0.01%	0.4%	0.01%
CLF	F	0.03%	0.12%	0.03%
CLH	B	0.03%	0.38%	0.03%
CMC	B	0.01%	0.12%	0.01%
CMP	F	0.0%	0.26%	0.0%
CRS	A	0.01%	0.26%	0.01%
DAL	B	0.09%	0.38%	0.09%
ENS	C	0.01%	0.25%	0.01%
FLR	D	0.02%	0.25%	0.02%
FUL	B	0.01%	0.25%	0.01%
GFF	C	0.01%	0.38%	0.01%
GPK	C	0.01%	0.24%	0.01%
HCC	C	0.01%	0.13%	0.01%
HI	D	0.0%	0.39%	0.0%
HWM	A	0.1%	0.24%	0.1%
HXL	C	0.01%	0.26%	0.01%
IBP	D	0.02%	0.13%	0.02%
IT	D	0.11%	0.36%	0.11%
KALU	B	0.0%	0.35%	0.0%
KAR	B	0.0%	0.38%	0.0%
KBH	A	0.02%	0.12%	0.02%
LGIH	D	0.0%	0.12%	0.0%
LPX	A	0.02%	0.12%	0.02%
MATV	D	0.0%	0.12%	0.0%
MERC	C	0.0%	0.37%	0.0%
MHO	C	0.02%	0.37%	0.02%
MTH	B	0.02%	0.27%	0.02%
NGVT	C	0.0%	0.35%	0.0%
OI	F	0.0%	0.24%	0.0%
OLN	C	0.01%	0.66%	0.01%
PATK	C	0.01%	0.23%	0.01%
PBI	C	0.0%	0.25%	0.0%
REZI	C	0.01%	0.12%	0.01%
SEE	C	0.0%	0.26%	0.0%
SLGN	C	0.0%	0.25%	0.0%
SLVM	B	0.0%	0.27%	0.0%
SRCL	F	0.01%	0.35%	0.01%
SXC	D	0.0%	0.24%	0.0%
TDG	C	0.25%	0.59%	0.25%
TGI	C	0.0%	0.13%	0.0%
TMHC	B	0.02%	0.25%	0.02%
TPH	B	0.01%	0.26%	0.01%
TRN	B	0.0%	0.26%	0.0%
TWI	F	0.0%	0.13%	0.0%
UAL	C	0.02%	0.25%	0.02%
UBER	D	0.54%	0.41%	0.41%
URI	B	0.18%	0.24%	0.18%
VVV	D	0.01%	0.36%	0.01%
WCC	B	0.01%	0.41%	0.01%
X	D	0.03%	0.39%	0.03%
XPO	D	0.05%	0.53%	0.05%

MMTM Overweight 1350 Positions Relative to XHYI

Symbol	Grade	Weight
NVDA	B	9.22%
MSFT	B	7.43%
AMZN	C	6.0%
META	D	4.07%
GOOGL	B	2.85%
GOOG	B	2.41%
LLY	B	2.29%
AVGO	A	2.28%
AAPL	B	1.97%
JPM	A	1.74%
BRK.A	C	1.49%
COST	A	1.04%
NFLX	C	0.98%
AMD	D	0.97%
CRM	D	0.89%
HD	D	0.75%
MA	D	0.75%
V	C	0.7%
WFC	A	0.68%
GE	C	0.68%
AMAT	A	0.64%
QCOM	B	0.62%
CAT	C	0.61%
BAC	B	0.58%
TSLA	D	0.56%
INTU	C	0.54%
NOW	C	0.52%
ABBV	D	0.51%
IBM	D	0.51%
MU	B	0.49%
ETN	A	0.49%
ADBE	F	0.49%
MRK	B	0.45%
LRCX	C	0.44%
UNH	C	0.44%
ORCL	C	0.42%
LIN	D	0.42%
WMT	D	0.41%
PGR	C	0.41%
AXP	B	0.39%
XOM	B	0.39%
PG	B	0.37%
KLAC	A	0.36%
INTC	F	0.36%
ACN	F	0.35%
C	A	0.32%
SCHW	A	0.32%
DIS	D	0.31%
BKNG	B	0.31%
PANW	C	0.31%
AMGN	B	0.3%
ISRG	B	0.3%
UNP	B	0.3%
CI	D	0.29%
COP	D	0.29%
SNPS	C	0.28%
BX	B	0.28%
ANET	A	0.27%
CEG	B	0.26%
DHR	A	0.26%
GS	A	0.26%
PH	B	0.26%
APH	A	0.25%
TJX	B	0.25%
CDNS	D	0.24%
BSX	A	0.24%
LOW	D	0.24%
TT	B	0.24%
CB	B	0.23%
CSCO	D	0.23%
VZ	C	0.23%
SHW	D	0.23%
CMG	C	0.23%
MPC	D	0.23%
BLK	C	0.22%
SPGI	C	0.22%
MCK	B	0.22%
NXPI	A	0.22%
PSX	D	0.22%
PCAR	D	0.21%
TMO	B	0.21%
CTAS	B	0.2%
JNJ	D	0.19%
MAR	D	0.19%
VRTX	B	0.19%
TXN	A	0.19%
VLO	D	0.18%
SYK	D	0.18%
COF	B	0.18%
AIG	C	0.18%
ABNB	D	0.17%
EMR	B	0.17%
WM	D	0.17%
SMCI	D	0.17%
ELV	B	0.17%
ABT	F	0.17%
HLT	D	0.16%
ECL	B	0.16%
USB	C	0.16%
REGN	B	0.16%
ALL	D	0.15%
CMCSA	F	0.15%
GD	B	0.15%
SPG	C	0.15%
CPRT	D	0.15%
CARR	B	0.15%
ICE	B	0.15%
CME	D	0.14%
ADP	C	0.14%
GM	B	0.14%
MMC	B	0.14%
DLR	C	0.14%
MS	A	0.14%
ADI	A	0.14%
DHI	C	0.14%
PNC	A	0.13%
LEN	B	0.13%
PWR	B	0.13%
IR	C	0.13%
GWW	D	0.13%
MLM	C	0.13%
FCX	B	0.13%
KO	B	0.13%
RCL	C	0.13%
AMP	A	0.13%
FDX	D	0.13%
BK	A	0.12%
WMB	B	0.12%
T	B	0.12%
VMC	B	0.12%
TMUS	C	0.12%
FAST	D	0.12%
FICO	B	0.12%
ROST	D	0.12%
PRU	A	0.12%
CSX	D	0.12%
DE	C	0.12%
VST	B	0.12%
HON	B	0.12%
MPWR	B	0.11%
NSC	D	0.11%
TFC	A	0.11%
CL	B	0.11%
MSI	A	0.11%
ORLY	D	0.11%
TRV	D	0.11%
FANG	C	0.11%
MCO	B	0.11%
PLD	F	0.11%
AJG	B	0.1%
CDW	D	0.1%
FIS	A	0.1%
WELL	A	0.1%
ROP	D	0.1%
IQV	D	0.1%
TGT	D	0.1%
NUE	D	0.1%
ADSK	F	0.1%
RSG	D	0.09%
GRMN	A	0.09%
WDC	B	0.09%
AME	D	0.09%
CVX	C	0.09%
EOG	D	0.09%
MCHP	B	0.09%
EQIX	D	0.09%
WAB	A	0.09%
HIG	B	0.09%
ITW	D	0.09%
OKE	B	0.09%
SLB	F	0.09%
PHM	A	0.09%
F	D	0.08%
PEP	B	0.08%
DECK	C	0.08%
NTAP	B	0.08%
MET	B	0.08%
CMI	B	0.08%
ODFL	F	0.08%
AFL	A	0.08%
CVS	F	0.08%
FITB	A	0.08%
WSM	B	0.08%
HCA	C	0.08%
AZO	D	0.08%
TRGP	B	0.08%
FTV	D	0.07%
PTC	C	0.07%
STZ	D	0.07%
ACGL	B	0.07%
NRG	B	0.07%
RJF	B	0.07%
HUBB	C	0.07%
AXON	D	0.07%
DXCM	D	0.07%
DFS	C	0.07%
EME	A	0.07%
TEL	A	0.07%
DUK	A	0.07%
RTX	B	0.07%
CSL	B	0.07%
IRM	A	0.07%
CNC	B	0.06%
DOW	B	0.06%
STLD	D	0.06%
JBL	F	0.06%
LDOS	B	0.06%
MDT	C	0.06%
STX	B	0.06%
EFX	C	0.06%
KR	D	0.06%
MSCI	F	0.06%
HAL	F	0.06%
DPZ	B	0.06%
OTIS	C	0.06%
EW	C	0.06%
LII	B	0.06%
GDDY	A	0.06%
SYF	C	0.06%
JCI	B	0.06%
XYL	A	0.06%
MCD	D	0.06%
BR	C	0.06%
NVR	C	0.06%
PSTG	A	0.06%
CAH	F	0.06%
NOC	C	0.06%
VRSK	B	0.06%
CTSH	F	0.06%
CSGP	D	0.06%
WMS	B	0.05%
HBAN	A	0.05%
PKG	C	0.05%
GPN	F	0.05%
KEY	B	0.05%
DOV	B	0.05%
WRK	A	0.05%
IDXX	C	0.05%
CELH	C	0.05%
GEHC	D	0.05%
LHX	B	0.05%
MAS	D	0.05%
FIX	B	0.05%
PM	A	0.05%
TXT	D	0.05%
MOH	F	0.05%
A	A	0.05%
OXY	D	0.05%
BRO	A	0.05%
NVT	A	0.05%
MMM	A	0.05%
BKR	C	0.05%
KMI	A	0.05%
OC	B	0.05%
TOL	A	0.05%
CBRE	C	0.05%
WRB	D	0.05%
LMT	B	0.05%
PAYX	B	0.05%
CE	D	0.05%
AON	F	0.05%
CCL	F	0.05%
ALLY	B	0.04%
WWD	B	0.04%
MEDP	C	0.04%
EBAY	B	0.04%
EWBC	B	0.04%
LYB	D	0.04%
RGA	A	0.04%
TREX	D	0.04%
IBKR	B	0.04%
TTWO	D	0.04%
ITT	A	0.04%
ELF	D	0.04%
ERIE	D	0.04%
DKS	D	0.04%
CNM	A	0.04%
LULU	F	0.04%
MNST	F	0.04%
ONTO	A	0.04%
SAIA	F	0.04%
OVV	D	0.04%
RS	D	0.04%
TSCO	B	0.04%
MTB	B	0.04%
AVY	B	0.04%
WY	F	0.04%
PSA	C	0.04%
EQH	B	0.04%
PEG	A	0.04%
WTW	D	0.04%
MO	A	0.04%
HES	C	0.04%
PNR	B	0.04%
J	D	0.04%
LECO	D	0.04%
SYY	D	0.04%
MANH	D	0.04%
CBOE	D	0.04%
WING	C	0.04%
FTNT	F	0.04%
FNF	B	0.04%
BALL	B	0.04%
RPM	C	0.04%
LYV	D	0.04%
AMT	D	0.04%
EXPE	F	0.04%
SO	B	0.04%
DD	B	0.04%
HPE	C	0.04%
MRO	D	0.03%
DINO	D	0.03%
MKSI	C	0.03%
MUSA	A	0.03%
SFM	B	0.03%
GILD	F	0.03%
ALV	A	0.03%
WAT	B	0.03%
AVB	B	0.03%
BWXT	D	0.03%
STT	B	0.03%
FND	C	0.03%
IEX	D	0.03%
OSK	C	0.03%
COHR	D	0.03%
ANF	B	0.03%
TTEK	B	0.03%
RRX	D	0.03%
KNSL	F	0.03%
NTRS	B	0.03%
AYI	B	0.03%
TYL	B	0.03%
CTRA	C	0.03%
NWSA	C	0.03%
FN	B	0.03%
MORN	D	0.03%
ON	D	0.03%
SSD	D	0.03%
PFG	B	0.03%
FFIV	D	0.03%
RF	B	0.03%
BRBR	C	0.03%
EA	F	0.03%
CINF	D	0.03%
WSO	B	0.03%
TPX	C	0.03%
PR	D	0.03%
CG	D	0.03%
NDSN	B	0.03%
ROK	F	0.03%
HII	D	0.03%
PPG	D	0.03%
AIZ	D	0.03%
MDLZ	C	0.03%
CFG	B	0.03%
LNW	D	0.03%
KEYS	C	0.03%
CHD	B	0.03%
BBWI	B	0.03%
HST	D	0.03%
USFD	B	0.03%
NDAQ	C	0.03%
VTRS	D	0.03%
TXRH	B	0.03%
WST	F	0.03%
CASY	B	0.03%
BA	F	0.03%
STE	C	0.03%
TER	B	0.03%
ANSS	D	0.03%
WFRD	B	0.03%
NBIX	B	0.03%
EXP	B	0.03%
TRMB	D	0.03%
AKAM	F	0.03%
L	C	0.03%
TROW	C	0.03%
CW	B	0.03%
CRL	D	0.03%
THC	A	0.03%
EIX	A	0.02%
SRE	A	0.02%
VRRM	B	0.02%
AEP	B	0.02%
MTSI	B	0.02%
RBC	C	0.02%
GNRC	C	0.02%
SAIC	C	0.02%
ROL	B	0.02%
OLED	C	0.02%
COKE	C	0.02%
WIRE	B	0.02%
AGO	D	0.02%
NEU	D	0.02%
MOG.A	B	0.02%
ZBRA	A	0.02%
KHC	D	0.02%
EXR	C	0.02%
AMH	B	0.02%
RMBS	D	0.02%
KBR	C	0.02%
FLS	A	0.02%
POOL	D	0.02%
NEE	A	0.02%
LNC	C	0.02%
LAMR	A	0.02%
CADE	B	0.02%
AEO	C	0.02%
GNTX	D	0.02%
SWAV	A	0.02%
FSS	B	0.02%
QRVO	F	0.02%
SWKS	F	0.02%
KNF	C	0.02%
QLYS	F	0.02%
ESNT	C	0.02%
LAD	F	0.02%
DVN	D	0.02%
CMA	B	0.02%
AR	B	0.02%
MTDR	D	0.02%
ORI	B	0.02%
PFE	D	0.02%
ATR	C	0.02%
TDY	D	0.02%
CVLT	A	0.02%
FORM	C	0.02%
PRI	D	0.02%
THO	F	0.02%
JBHT	F	0.02%
GPS	D	0.02%
R	A	0.02%
ITRI	B	0.02%
EXEL	F	0.02%
APPF	B	0.02%
UHS	B	0.02%
MTG	C	0.02%
EG	D	0.02%
PFGC	C	0.02%
SF	A	0.02%
SNX	A	0.02%
GKOS	B	0.02%
EHC	B	0.02%
BURL	D	0.02%
CHRD	B	0.02%
COOP	B	0.02%
PVH	D	0.02%
PBF	D	0.02%
AWI	D	0.02%
EQT	C	0.02%
FDS	D	0.02%
RRC	B	0.02%
KMX	D	0.02%
JXN	C	0.02%
BXP	C	0.02%
BBY	D	0.02%
MLI	B	0.02%
ALLE	D	0.02%
HLI	B	0.02%
EXPD	D	0.02%
NSIT	A	0.02%
WEX	D	0.02%
JNPR	D	0.02%
SNA	D	0.02%
WTFC	B	0.02%
BCC	C	0.02%
YUM	C	0.02%
KD	A	0.02%
HRB	B	0.02%
PNFP	C	0.02%
ESAB	B	0.02%
BG	D	0.02%
ATO	C	0.02%
VNT	D	0.02%
UNM	B	0.02%
OMC	A	0.02%
EMN	B	0.02%
BDX	F	0.02%
ZION	B	0.02%
ARE	C	0.02%
SM	D	0.02%
HQY	D	0.02%
JEF	A	0.02%
GGG	D	0.02%
CF	F	0.02%
ETR	A	0.02%
ESS	B	0.02%
NCLH	F	0.02%
RL	D	0.02%
WBS	D	0.02%
EQR	B	0.02%
DTE	B	0.02%
AOS	C	0.02%
MSA	B	0.02%
LH	D	0.02%
AIT	B	0.02%
INVH	A	0.02%
ETRN	B	0.02%
VLTO	A	0.02%
DVA	C	0.02%
ZTS	D	0.02%
JLL	A	0.02%
UFPI	B	0.02%
DRI	F	0.02%
CYTK	D	0.02%
IP	B	0.02%
HPQ	C	0.02%
SWN	C	0.02%
SWK	D	0.02%
GLW	A	0.02%
EVR	A	0.02%
KLIC	D	0.01%
APOG	B	0.01%
HIW	B	0.01%
DGX	B	0.01%
LMAT	B	0.01%
OPCH	F	0.01%
OMI	D	0.01%
CUBI	D	0.01%
BJ	B	0.01%
TCBI	C	0.01%
AIR	B	0.01%
NXST	C	0.01%
PJT	C	0.01%
TNC	D	0.01%
MTX	B	0.01%
SJM	F	0.01%
NEO	D	0.01%
CARG	A	0.01%
FELE	D	0.01%
K	B	0.01%
TKR	B	0.01%
MMSI	B	0.01%
URBN	C	0.01%
FFIN	B	0.01%
CLX	F	0.01%
LCII	D	0.01%
BANC	D	0.01%
SXI	B	0.01%
BLMN	F	0.01%
OGE	B	0.01%
MLKN	C	0.01%
MCY	B	0.01%
FRT	B	0.01%
HOLX	D	0.01%
SANM	C	0.01%
EPRT	B	0.01%
BOH	D	0.01%
GSHD	F	0.01%
BAX	F	0.01%
APD	D	0.01%
CNO	B	0.01%
RGLD	A	0.01%
NNN	B	0.01%
GL	F	0.01%
CNP	B	0.01%
KFY	B	0.01%
ULTA	F	0.01%
ARCB	F	0.01%
BDC	B	0.01%
AEE	C	0.01%
LPG	C	0.01%
SPNT	B	0.01%
GVA	B	0.01%
MTZ	C	0.01%
HWKN	C	0.01%
ESE	C	0.01%
AUB	C	0.01%
VTR	B	0.01%
AMWD	C	0.01%
BEN	F	0.01%
GEO	D	0.01%
ALG	D	0.01%
WSFS	B	0.01%
CRVL	A	0.01%
PLAY	D	0.01%
GRBK	C	0.01%
VECO	A	0.01%
RAMP	F	0.01%
MTRN	D	0.01%
UBSI	C	0.01%
AMKR	C	0.01%
CBSH	B	0.01%
PECO	F	0.01%
UCTT	C	0.01%
UTHR	B	0.01%
TRIP	F	0.01%
FSLR	C	0.01%
CXW	D	0.01%
SBAC	F	0.01%
HAE	B	0.01%
IIPR	B	0.01%
FYBR	B	0.01%
CFR	D	0.01%
KNX	F	0.01%
RLI	C	0.01%
AMPH	D	0.01%
PRG	C	0.01%
ASB	B	0.01%
HNI	B	0.01%
UDR	C	0.01%
WDFC	D	0.01%
GPC	C	0.01%
ABG	C	0.01%
CORT	C	0.01%
NOVT	C	0.01%
ARLO	C	0.01%
PB	C	0.01%
PLUS	B	0.01%
BOOT	B	0.01%
LEA	F	0.01%
APAM	B	0.01%
LFUS	C	0.01%
LNT	B	0.01%
HOMB	B	0.01%
ACHC	F	0.01%
HOG	D	0.01%
ASO	F	0.01%
VCEL	C	0.01%
CTRE	C	0.01%
NOG	C	0.01%
TNL	C	0.01%
AMG	D	0.01%
CVCO	B	0.01%
CUBE	D	0.01%
WOR	D	0.01%
PLMR	B	0.01%
IPG	D	0.01%
MYRG	D	0.01%
FBP	B	0.01%
AZZ	C	0.01%
FULT	B	0.01%
FR	D	0.01%
SFBS	C	0.01%
AZTA	F	0.01%
LSTR	C	0.01%
CEIX	D	0.01%
KSS	D	0.01%
CRC	F	0.01%
NMIH	B	0.01%
GATX	B	0.01%
VOYA	B	0.01%
BC	D	0.01%
MAT	F	0.01%
GBCI	C	0.01%
UFPT	B	0.01%
GNW	C	0.01%
POWL	C	0.01%
IBOC	B	0.01%
IFF	B	0.01%
EPR	C	0.01%
PYPL	D	0.01%
KRC	D	0.01%
SBRA	C	0.01%
OSIS	C	0.01%
SIG	C	0.01%
ZBH	D	0.01%
KMPR	C	0.01%
IVZ	C	0.01%
FTDR	C	0.01%
KRG	D	0.01%
WH	F	0.01%
RUSHA	D	0.01%
VAL	B	0.01%
PAG	C	0.01%
NWS	C	0.01%
CIEN	C	0.01%
ARCH	D	0.01%
ROCK	D	0.01%
HP	F	0.01%
LOPE	C	0.01%
POST	C	0.01%
GT	C	0.01%
FAF	D	0.01%
LUV	F	0.01%
MGY	C	0.01%
BCPC	B	0.01%
AEIS	C	0.01%
ACIW	B	0.01%
BRKR	D	0.01%
OLLI	D	0.01%
DAY	F	0.01%
SBUX	F	0.01%
SEIC	D	0.01%
CACC	D	0.01%
GPI	B	0.01%
ACA	A	0.01%
BMY	F	0.01%
YELP	F	0.01%
NYT	B	0.01%
BRX	C	0.01%
NI	A	0.01%
HWC	B	0.01%
RHI	F	0.01%
ARW	C	0.01%
KTB	B	0.01%
SKT	C	0.01%
SSB	C	0.01%
DBX	D	0.01%
AVT	B	0.01%
AN	C	0.01%
VICI	C	0.01%
UMBF	B	0.01%
OTTR	C	0.01%
PIPR	B	0.01%
ABCB	C	0.01%
SIGI	F	0.01%
CMS	B	0.01%
HALO	A	0.01%
FNB	B	0.01%
LRN	B	0.01%
MIDD	F	0.01%
RH	C	0.01%
ALGN	F	0.01%
GMS	B	0.01%
MDU	B	0.01%
JHG	A	0.01%
MGM	F	0.01%
AM	A	0.01%
M	D	0.01%
FCN	B	0.01%
WD	C	0.01%
ED	B	0.01%
STWD	B	0.01%
WLK	B	0.01%
AROC	C	0.01%
LBRT	B	0.01%
RNR	D	0.01%
OZK	C	0.01%
KDP	B	0.01%
AL	B	0.01%
CROX	B	0.01%
ALRM	C	0.01%
MHK	C	0.01%
NPO	D	0.01%
UPS	D	0.01%
IDCC	C	0.01%
WU	D	0.01%
CHK	B	0.01%
PPL	A	0.01%
EXC	C	0.01%
MC	B	0.01%
PK	D	0.01%
KIM	C	0.01%
MATX	C	0.01%
FE	B	0.01%
CNX	B	0.01%
CHE	F	0.01%
AFG	B	0.01%
NOV	F	0.01%
REG	C	0.01%
GTLS	C	0.01%
SCI	D	0.01%
PCG	A	0.01%
NKE	F	0.01%
EGP	D	0.01%
TEX	C	0.01%
SKX	A	0.01%
SPSC	C	0.01%
STAG	D	0.01%
KEX	B	0.01%
CBT	B	0.01%
RDNT	A	0.01%
AAON	D	0.01%
CTVA	C	0.01%
MAC	C	0.01%
BGC	B	0.01%
DT	D	0.01%
DCI	B	0.01%
SWX	B	0.01%
MUR	D	0.01%
ITGR	C	0.01%
INGR	C	0.01%
CIVI	C	0.01%
ONB	B	0.01%
CCI	D	0.01%
OHI	C	0.01%
RGEN	D	0.01%
SLG	C	0.01%
WTS	B	0.01%
DTM	A	0.01%
D	B	0.01%
SNV	B	0.01%
CTLT	D	0.01%
SKYW	B	0.01%
VNO	D	0.01%
ENSG	D	0.01%
JKHY	D	0.01%
H	D	0.01%
AMR	F	0.01%
TPR	D	0.01%
SHAK	C	0.01%
DY	B	0.01%
CHX	D	0.01%
RDN	C	0.01%
KMB	C	0.01%
BMI	B	0.01%
SLM	D	0.01%
CACI	B	0.01%
TAP	F	0.01%
AVAV	B	0.01%
PAHC	B	0.0%
BFS	C	0.0%
CRNC	F	0.0%
AMCX	C	0.0%
OSUR	F	0.0%
FLGT	D	0.0%
ATNI	F	0.0%
DDD	F	0.0%
DBI	F	0.0%
HZO	F	0.0%
RES	F	0.0%
AOSL	C	0.0%
GDOT	D	0.0%
HFWA	C	0.0%
CHUY	F	0.0%
TR	F	0.0%
XPEL	F	0.0%
CCRN	F	0.0%
RGNX	F	0.0%
MMI	C	0.0%
BSIG	C	0.0%
RCUS	D	0.0%
DRQ	F	0.0%
SPTN	D	0.0%
AHCO	D	0.0%
CLB	D	0.0%
SBSI	D	0.0%
VIR	C	0.0%
SABR	D	0.0%
PUMP	C	0.0%
HRMY	F	0.0%
SLP	B	0.0%
AVNS	D	0.0%
BJRI	C	0.0%
SPWR	D	0.0%
DEA	C	0.0%
DGII	F	0.0%
CBRL	F	0.0%
SLCA	C	0.0%
PFS	C	0.0%
AAT	B	0.0%
QNST	C	0.0%
BHLB	C	0.0%
LNN	D	0.0%
PCRX	D	0.0%
EYE	F	0.0%
IBTX	D	0.0%
FBNC	F	0.0%
TALO	F	0.0%
HOPE	C	0.0%
HLIT	D	0.0%
UAA	F	0.0%
CSR	B	0.0%
BANR	C	0.0%
VSAT	D	0.0%
MP	C	0.0%
NWBI	C	0.0%
CEVA	F	0.0%
ASTH	C	0.0%
CHEF	A	0.0%
BLFS	C	0.0%
RCM	F	0.0%
CVGW	C	0.0%
PEB	D	0.0%
IART	F	0.0%
MED	F	0.0%
RNST	C	0.0%
LEG	F	0.0%
FOXF	D	0.0%
EMBC	D	0.0%
GOGO	C	0.0%
FL	F	0.0%
SBCF	C	0.0%
CHCT	F	0.0%
MYE	F	0.0%
DAN	C	0.0%
STAA	C	0.0%
HAIN	D	0.0%
ALGM	D	0.0%
NVRI	D	0.0%
PHIN	B	0.0%
GDEN	F	0.0%
NBR	F	0.0%
TTEC	F	0.0%
DEI	C	0.0%
VTOL	B	0.0%
VICR	F	0.0%
PPBI	C	0.0%
ROG	D	0.0%
ASTE	F	0.0%
CFFN	F	0.0%
CLW	A	0.0%
MD	F	0.0%
TNDM	A	0.0%
MNRO	F	0.0%
ALGT	F	0.0%
PENN	F	0.0%
UA	F	0.0%
DORM	C	0.0%
ARWR	F	0.0%
ADNT	F	0.0%
DLX	B	0.0%
PGNY	F	0.0%
NSA	C	0.0%
WOLF	F	0.0%
RUN	D	0.0%
CNXC	D	0.0%
UCBI	C	0.0%
ENV	B	0.0%
MCS	F	0.0%
HTLD	D	0.0%
COLM	B	0.0%
UNF	D	0.0%
NWL	C	0.0%
JACK	F	0.0%
LITE	D	0.0%
ORA	C	0.0%
SEDG	F	0.0%
VC	D	0.0%
USNA	D	0.0%
SEM	A	0.0%
SLAB	D	0.0%
VAC	D	0.0%
CNSL	C	0.0%
SDGR	F	0.0%
CABO	F	0.0%
WABC	C	0.0%
RC	D	0.0%
DXC	F	0.0%
PII	F	0.0%
NWN	C	0.0%
VREX	F	0.0%
XNCR	D	0.0%
SCHL	F	0.0%
IRT	B	0.0%
LTC	B	0.0%
VFC	F	0.0%
BANF	C	0.0%
ECPG	D	0.0%
AXL	C	0.0%
CPRX	C	0.0%
ROIC	D	0.0%
FLO	C	0.0%
VSCO	C	0.0%
VMI	C	0.0%
SJW	D	0.0%
DIN	F	0.0%
LQDT	C	0.0%
DRH	F	0.0%
AIRC	A	0.0%
G	C	0.0%
JBGS	F	0.0%
NVEE	F	0.0%
FIZZ	D	0.0%
WHR	F	0.0%
OMCL	D	0.0%
AMSF	F	0.0%
PZZA	F	0.0%
HPP	F	0.0%
ENR	D	0.0%
OGN	B	0.0%
JBLU	D	0.0%
MASI	D	0.0%
ICUI	D	0.0%
IRWD	F	0.0%
SCL	C	0.0%
AHH	C	0.0%
EPC	C	0.0%
TRUP	C	0.0%
ST	C	0.0%
UGI	C	0.0%
ASIX	F	0.0%
KELYA	D	0.0%
JAZZ	F	0.0%
SHO	D	0.0%
PCTY	D	0.0%
VGR	D	0.0%
VIAV	F	0.0%
GES	C	0.0%
MODG	C	0.0%
LKFN	C	0.0%
GMED	B	0.0%
DAR	D	0.0%
ENOV	F	0.0%
MXL	F	0.0%
FCF	C	0.0%
SHC	F	0.0%
MATW	D	0.0%
HMN	D	0.0%
SCSC	A	0.0%
FWRD	F	0.0%
FDP	F	0.0%
UTL	A	0.0%
HCI	D	0.0%
PRFT	C	0.0%
MKTX	D	0.0%
PEN	F	0.0%
EXPI	D	0.0%
JJSF	C	0.0%
SAFT	D	0.0%
GEF	F	0.0%
USPH	C	0.0%
CSGS	F	0.0%
CGNX	C	0.0%
PRAA	C	0.0%
FMC	C	0.0%
UFCS	C	0.0%
PRLB	D	0.0%
PAYC	F	0.0%
CWT	C	0.0%
MPW	C	0.0%
PDFS	C	0.0%
AIN	C	0.0%
CAKE	B	0.0%
GNL	D	0.0%
TMP	D	0.0%
HGV	D	0.0%
JBT	F	0.0%
EFC	B	0.0%
SOLV	F	0.0%
NFBK	D	0.0%
LUMN	F	0.0%
VRTS	C	0.0%
YETI	D	0.0%
WWW	C	0.0%
COHU	F	0.0%
BHF	F	0.0%
IIIN	F	0.0%
HBI	D	0.0%
TILE	C	0.0%
THS	F	0.0%
CHDN	C	0.0%
CALX	F	0.0%
GTY	C	0.0%
GO	F	0.0%
EGBN	F	0.0%
CPK	C	0.0%
RWT	C	0.0%
NVST	F	0.0%
BDN	C	0.0%
TFX	D	0.0%
JBSS	D	0.0%
HCSG	D	0.0%
INCY	D	0.0%
TRST	C	0.0%
VLY	D	0.0%
COLL	D	0.0%
VVI	C	0.0%
UNFI	D	0.0%
UHT	D	0.0%
WTRG	C	0.0%
MYGN	C	0.0%
KLG	C	0.0%
CTS	B	0.0%
TGNA	C	0.0%
WNC	F	0.0%
MSEX	D	0.0%
MOS	F	0.0%
SVC	F	0.0%
ACLS	D	0.0%
SMP	F	0.0%
NSP	D	0.0%
CPT	B	0.0%
CLDT	F	0.0%
INN	F	0.0%
MTCH	F	0.0%
RGR	F	0.0%
DNOW	D	0.0%
NEOG	F	0.0%
FOX	C	0.0%
MEI	D	0.0%
FHI	D	0.0%
LESL	F	0.0%
PODD	D	0.0%
TECH	C	0.0%
NUS	D	0.0%
XRX	F	0.0%
AMN	D	0.0%
RGP	F	0.0%
LXP	D	0.0%
SUPN	F	0.0%
ATEN	B	0.0%
COLB	C	0.0%
INDB	D	0.0%
GME	C	0.0%
WBA	F	0.0%
PRGO	D	0.0%
WAFD	C	0.0%
CERT	F	0.0%
RYN	F	0.0%
CCOI	F	0.0%
CBU	C	0.0%
SAM	F	0.0%
TTMI	B	0.0%
AES	B	0.0%
MRTN	D	0.0%
HVT	F	0.0%
NAVI	F	0.0%
LGND	C	0.0%
AWR	C	0.0%
PRA	D	0.0%
KN	C	0.0%
ALEX	C	0.0%
CAG	C	0.0%
SHEN	D	0.0%
SGH	F	0.0%
EPAM	F	0.0%
CHH	F	0.0%
VRSN	F	0.0%
KMT	C	0.0%
AGYS	B	0.0%
FCPT	B	0.0%
PDCO	F	0.0%
MTN	F	0.0%
ALB	D	0.0%
SAH	C	0.0%
ENPH	D	0.0%
MRCY	D	0.0%
APA	F	0.0%
CARS	C	0.0%
MAA	C	0.0%
AMCR	B	0.0%
WEN	D	0.0%
NTCT	D	0.0%
BIO	F	0.0%
VSTS	F	0.0%
TDC	F	0.0%
HAYW	C	0.0%
DIOD	D	0.0%
NATL	A	0.0%
SSTK	F	0.0%
TTGT	D	0.0%
CAL	C	0.0%
ZEUS	F	0.0%
GPRE	F	0.0%
HTH	C	0.0%
RXO	C	0.0%
SBH	D	0.0%
MGPI	F	0.0%
LVS	F	0.0%
WBD	F	0.0%
HIBB	A	0.0%
DCOM	D	0.0%
TRMK	B	0.0%
ALK	C	0.0%
ICHR	D	0.0%
SR	C	0.0%
PMT	A	0.0%
NX	D	0.0%
ADC	C	0.0%
HSII	B	0.0%
SYNA	F	0.0%
EIG	D	0.0%
BGS	F	0.0%
SMPL	C	0.0%
B	C	0.0%
BKE	D	0.0%
SMG	D	0.0%
UVV	C	0.0%
IPGP	D	0.0%
ILMN	F	0.0%
TSN	B	0.0%
BRKL	F	0.0%
CUZ	B	0.0%
MKC	C	0.0%
EAT	B	0.0%
MOV	C	0.0%
CNXN	C	0.0%
IRDM	D	0.0%
CPF	B	0.0%
CATY	C	0.0%
ZD	F	0.0%
SNEX	C	0.0%
VBTX	C	0.0%
HAFC	C	0.0%
RILY	C	0.0%
CRI	F	0.0%
BHE	B	0.0%
COTY	F	0.0%
CALM	D	0.0%
PRDO	C	0.0%
OII	C	0.0%
SITM	C	0.0%
ES	C	0.0%
OFG	B	0.0%
FFBC	B	0.0%
ODP	F	0.0%
ARI	F	0.0%
LIVN	B	0.0%
CHCO	C	0.0%
STC	B	0.0%
ADUS	B	0.0%
EXTR	F	0.0%
NWE	C	0.0%
LZB	C	0.0%
ETD	D	0.0%
PSMT	A	0.0%
APTV	D	0.0%
INVA	C	0.0%
HAS	C	0.0%
AAP	D	0.0%
AKR	B	0.0%
FIVE	F	0.0%
THRM	F	0.0%
PARA	D	0.0%
FOXA	C	0.0%
NBTB	C	0.0%
XHR	C	0.0%
FBK	B	0.0%
MCRI	D	0.0%
ETSY	F	0.0%
MTD	A	0.0%
DLTR	F	0.0%
WGO	F	0.0%
CENTA	A	0.0%
PFBC	B	0.0%
DLB	C	0.0%
LKQ	F	0.0%
NBHC	C	0.0%
BWA	C	0.0%
SCVL	B	0.0%
REXR	F	0.0%
AWK	C	0.0%
WYNN	D	0.0%
OGS	D	0.0%
BKH	C	0.0%
REX	C	0.0%
CHTR	F	0.0%
SIX	C	0.0%
NFG	B	0.0%
FHN	B	0.0%
EXLS	C	0.0%
FHB	B	0.0%
OXM	D	0.0%
STBA	C	0.0%
WEC	C	0.0%
APLE	F	0.0%
DOC	A	0.0%
CPB	C	0.0%
HSIC	C	0.0%
MSGS	C	0.0%
SON	B	0.0%
DG	D	0.0%
LANC	D	0.0%
TTC	C	0.0%
EPAC	B	0.0%
HSY	C	0.0%
BLKB	C	0.0%
TBBK	F	0.0%
KWR	D	0.0%
UE	C	0.0%
GHC	B	0.0%
WERN	D	0.0%
POWI	C	0.0%
PRGS	F	0.0%
CHRW	C	0.0%
BXMT	F	0.0%
GXO	D	0.0%
SXT	B	0.0%
XEL	D	0.0%
EVTC	D	0.0%
PNM	D	0.0%
RMD	B	0.0%
POR	C	0.0%
HRL	C	0.0%
NJR	C	0.0%
CENX	C	0.0%
PLAB	C	0.0%
BIIB	D	0.0%
UNIT	F	0.0%
ANDE	F	0.0%
BYD	F	0.0%
NABL	D	0.0%
EL	F	0.0%
AVA	C	0.0%
ADM	D	0.0%
STRA	C	0.0%
CNK	C	0.0%
AGCO	D	0.0%
ABM	C	0.0%
CRUS	A	0.0%
NARI	D	0.0%
ELS	D	0.0%
GLPI	C	0.0%
EXPO	C	0.0%
VSTO	C	0.0%
IDA	C	0.0%
MAN	C	0.0%
PCH	D	0.0%
MMS	B	0.0%
SHOO	C	0.0%
EVRG	C	0.0%
LW	F	0.0%
THG	C	0.0%
LNTH	C	0.0%
KVUE	C	0.0%
WS	D	0.0%
HELE	D	0.0%
CZR	F	0.0%
NYCB	D	0.0%
PTEN	F	0.0%
SFNC	D	0.0%
CVBF	C	0.0%
BL	D	0.0%
PBH	D	0.0%
EEFT	C	0.0%
DV	F	0.0%
CNMD	F	0.0%
GIS	C	0.0%
GBX	C	0.0%
DFIN	C	0.0%
AMED	B	0.0%
BKU	C	0.0%
ALE	B	0.0%
XRAY	F	0.0%
ANIP	D	0.0%
HUM	D	0.0%
PRK	A	0.0%
SMTC	B	0.0%
BOX	D	0.0%
ABR	C	0.0%
HLX	B	0.0%
PARR	F	0.0%
IOSP	B	0.0%
SITC	B	0.0%
IPAR	F	0.0%
GIII	C	0.0%
MRNA	C	0.0%
FTRE	F	0.0%
NHC	B	0.0%
ALKS	F	0.0%
PPC	B	0.0%
VSH	C	0.0%
PNW	C	0.0%
ENVA	D	0.0%
AX	B	0.0%
HUBG	C	0.0%
JWN	C	0.0%
TDS	B	0.0%
DVAX	F	0.0%
KOP	F	0.0%
O	C	0.0%
JOE	C	0.0%
MSM	D	0.0%
NEM	B	0.0%
LSCC	F	0.0%
BRC	B	0.0%
PLXS	C	0.0%
CPRI	F	0.0%

MMTM Underweight 32 Positions Relative to XHYI

Symbol	Grade	Weight
HRI	C	-0.52%
HA	C	-0.51%
TROX	B	-0.47%
HEES	F	-0.47%
TSE	F	-0.39%
DBD	B	-0.38%
ADT	B	-0.38%
JELD	F	-0.37%
CSTM	D	-0.35%
SAVE	F	-0.28%
HL	C	-0.27%
RYAM	D	-0.26%
LXU	C	-0.26%
EVA	D	-0.26%
BZH	D	-0.26%
ZIP	F	-0.25%
UAN	B	-0.25%
TPC	B	-0.25%
GLT	F	-0.25%
APG	D	-0.24%
TNET	F	-0.24%
ESI	D	-0.24%
CNDT	B	-0.24%
BECN	B	-0.24%
SPR	D	-0.24%
DOOR	A	-0.23%
HTZ	F	-0.23%
BTU	F	-0.12%
BXC	D	-0.12%
ATKR	D	-0.12%
PKOH	C	-0.11%
CDE	C	-0.11%