QWLD vs. JHMM ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to John Hancock Multifactor Mid Cap ETF (JHMM)

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.67

Average Daily Volume

4,311

Number of Holdings ^*

605

* may have additional holdings in another (foreign) market

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

$60.07

Average Daily Volume

142,497

Number of Holdings ^*

633

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	JHMM
30 Days	1.25%	3.14%
60 Days	5.04%	4.45%
90 Days	6.95%	9.14%
12 Months	28.57%	27.88%

315 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in JHMM	Overlap
	ACGL	B	0.28%	0.4%	0.28%
	ACI	F	0.02%	0.1%	0.02%
	ACM	B	0.01%	0.21%	0.01%
	AEE	B	0.08%	0.23%	0.08%
	AES	C	0.01%	0.18%	0.01%
	AFG	C	0.02%	0.19%	0.02%
	AGCO	D	0.01%	0.14%	0.01%
	AIZ	B	0.07%	0.18%	0.07%
	AKAM	D	0.13%	0.23%	0.13%
	ALB	D	0.01%	0.07%	0.01%
	ALGN	D	0.01%	0.13%	0.01%
	ALLE	B	0.02%	0.21%	0.02%
	ALLY	F	0.01%	0.24%	0.01%
	AMCR	B	0.08%	0.17%	0.08%
	AME	C	0.01%	0.41%	0.01%
	AMH	D	0.0%	0.13%	0.0%
	AMP	B	0.08%	0.49%	0.08%
	ANSS	D	0.0%	0.3%	0.0%
	AOS	B	0.02%	0.17%	0.02%
	APA	F	0.03%	0.1%	0.03%
	APP	C	0.0%	0.16%	0.0%
	ARE	C	0.01%	0.13%	0.01%
	ARES	B	0.0%	0.17%	0.0%
	ATO	B	0.01%	0.19%	0.01%
	AVB	C	0.01%	0.17%	0.01%
	AVTR	C	0.01%	0.21%	0.01%
	AVY	C	0.03%	0.21%	0.03%
	AWK	C	0.01%	0.22%	0.01%
	AXON	B	0.0%	0.18%	0.0%
	BAH	B	0.16%	0.26%	0.16%
	BALL	C	0.01%	0.21%	0.01%
	BAX	C	0.02%	0.15%	0.02%
	BBWI	D	0.0%	0.08%	0.0%
	BBY	A	0.06%	0.29%	0.06%
	BEN	F	0.01%	0.08%	0.01%
	BG	F	0.03%	0.23%	0.03%
	BIO	C	0.0%	0.11%	0.0%
	BKR	C	0.02%	0.25%	0.02%
	BLDR	C	0.05%	0.38%	0.05%
	BMRN	F	0.07%	0.13%	0.07%
	BR	C	0.04%	0.29%	0.04%
	BRO	C	0.13%	0.23%	0.13%
	BSY	C	0.01%	0.09%	0.01%
	BURL	C	0.01%	0.23%	0.01%
	BXP	C	0.01%	0.12%	0.01%
	CAG	B	0.05%	0.15%	0.05%
	CAH	C	0.12%	0.28%	0.12%
	CBOE	C	0.25%	0.17%	0.17%
	CBRE	B	0.03%	0.36%	0.03%
	CCK	B	0.01%	0.18%	0.01%
	CCL	C	0.01%	0.13%	0.01%
	CDW	D	0.09%	0.35%	0.09%
	CE	D	0.01%	0.18%	0.01%
	CF	B	0.12%	0.17%	0.12%
	CFG	D	0.03%	0.21%	0.03%
	CG	C	0.01%	0.1%	0.01%
	CHD	C	0.18%	0.22%	0.18%
	CHK	C	0.02%	0.2%	0.02%
	CHRD	F	0.01%	0.09%	0.01%
	CHRW	B	0.01%	0.17%	0.01%
	CINF	C	0.02%	0.2%	0.02%
	CLX	C	0.01%	0.19%	0.01%
	CMI	B	0.08%	0.16%	0.08%
	CMS	B	0.05%	0.21%	0.05%
	CNH	C	0.01%	0.1%	0.01%
	CNP	C	0.01%	0.25%	0.01%
	CPAY	B	0.01%	0.23%	0.01%
	CPB	C	0.1%	0.15%	0.1%
	CPT	C	0.01%	0.14%	0.01%
	CRBG	C	0.01%	0.08%	0.01%
	CRL	F	0.0%	0.2%	0.0%
	CSGP	D	0.0%	0.04%	0.0%
	CSL	B	0.03%	0.27%	0.03%
	CTLT	B	0.01%	0.15%	0.01%
	CTRA	F	0.02%	0.2%	0.02%
	DAL	C	0.01%	0.1%	0.01%
	DAY	D	0.0%	0.13%	0.0%
	DD	B	0.02%	0.13%	0.02%
	DECK	C	0.04%	0.29%	0.04%
	DFS	C	0.03%	0.26%	0.03%
	DGX	B	0.1%	0.31%	0.1%
	DINO	F	0.05%	0.12%	0.05%
	DKNG	C	0.0%	0.09%	0.0%
	DKS	D	0.03%	0.19%	0.03%
	DLTR	F	0.01%	0.19%	0.01%
	DOC	B	0.01%	0.11%	0.01%
	DOCU	C	0.0%	0.13%	0.0%
	DOV	B	0.04%	0.34%	0.04%
	DPZ	D	0.06%	0.15%	0.06%
	DRI	C	0.03%	0.23%	0.03%
	DT	C	0.0%	0.11%	0.0%
	DTE	A	0.02%	0.24%	0.02%
	DVA	B	0.01%	0.16%	0.01%
	EBAY	B	0.01%	0.33%	0.01%
	EFX	C	0.01%	0.31%	0.01%
	EG	B	0.06%	0.18%	0.06%
	EIX	B	0.03%	0.38%	0.03%
	ELS	D	0.0%	0.13%	0.0%
	EME	B	0.04%	0.26%	0.04%
	EMN	B	0.01%	0.21%	0.01%
	ENPH	D	0.03%	0.14%	0.03%
	ENTG	D	0.0%	0.2%	0.0%
	EPAM	F	0.02%	0.12%	0.02%
	EQH	C	0.01%	0.29%	0.01%
	EQR	C	0.01%	0.16%	0.01%
	EQT	C	0.01%	0.14%	0.01%
	ERIE	B	0.16%	0.16%	0.16%
	ES	B	0.02%	0.2%	0.02%
	ESS	C	0.01%	0.13%	0.01%
	ETR	A	0.02%	0.36%	0.02%
	EVRG	B	0.01%	0.26%	0.01%
	EXAS	D	0.0%	0.13%	0.0%
	EXPD	B	0.04%	0.24%	0.04%
	EXPE	C	0.01%	0.16%	0.01%
	EXR	C	0.01%	0.33%	0.01%
	FANG	F	0.09%	0.35%	0.09%
	FAST	C	0.08%	0.39%	0.08%
	FCNCA	D	0.1%	0.31%	0.1%
	FDS	C	0.03%	0.21%	0.03%
	FE	B	0.01%	0.23%	0.01%
	FFIV	B	0.15%	0.25%	0.15%
	FICO	B	0.04%	0.42%	0.04%
	FITB	B	0.03%	0.34%	0.03%
	FNF	B	0.01%	0.2%	0.01%
	FOX	B	0.01%	0.08%	0.01%
	FOXA	B	0.01%	0.17%	0.01%
	FSLR	C	0.01%	0.34%	0.01%
	FTV	C	0.01%	0.21%	0.01%
	GDDY	C	0.21%	0.23%	0.21%
	GGG	C	0.03%	0.2%	0.03%
	GLPI	C	0.01%	0.14%	0.01%
	GLW	B	0.02%	0.31%	0.02%
	GPC	D	0.06%	0.22%	0.06%
	GPN	D	0.02%	0.14%	0.02%
	GRMN	D	0.04%	0.25%	0.04%
	H	B	0.0%	0.08%	0.0%
	HAL	F	0.02%	0.19%	0.02%
	HBAN	B	0.03%	0.23%	0.03%
	HEI	C	0.0%	0.11%	0.0%
	HEI	C	0.0%	0.11%	0.0%
	HEI	C	0.0%	0.09%	0.0%
	HEI	C	0.0%	0.09%	0.0%
	HIG	B	0.03%	0.46%	0.03%
	HII	F	0.01%	0.18%	0.01%
	HOLX	D	0.01%	0.28%	0.01%
	HOOD	C	0.0%	0.13%	0.0%
	HPE	C	0.03%	0.29%	0.03%
	HPQ	C	0.04%	0.1%	0.04%
	HRL	F	0.1%	0.07%	0.07%
	HSIC	C	0.01%	0.2%	0.01%
	HST	D	0.01%	0.13%	0.01%
	HUBB	B	0.04%	0.3%	0.04%
	HWM	B	0.01%	0.38%	0.01%
	IEX	C	0.02%	0.16%	0.02%
	IFF	A	0.01%	0.19%	0.01%
	ILMN	D	0.0%	0.07%	0.0%
	INCY	C	0.12%	0.12%	0.12%
	INVH	D	0.01%	0.14%	0.01%
	IOT	C	0.0%	0.04%	0.0%
	IP	C	0.02%	0.24%	0.02%
	IPG	C	0.02%	0.24%	0.02%
	IR	B	0.01%	0.3%	0.01%
	IRM	C	0.01%	0.32%	0.01%
	IT	C	0.03%	0.4%	0.03%
	J	A	0.01%	0.13%	0.01%
	JBHT	D	0.03%	0.18%	0.03%
	JBL	C	0.01%	0.21%	0.01%
	JKHY	B	0.06%	0.18%	0.06%
	JNPR	A	0.13%	0.25%	0.13%
	K	A	0.22%	0.19%	0.19%
	KEY	C	0.02%	0.18%	0.02%
	KEYS	B	0.17%	0.32%	0.17%
	KIM	C	0.01%	0.15%	0.01%
	KMX	D	0.01%	0.18%	0.01%
	KNX	C	0.01%	0.15%	0.01%
	KR	B	0.3%	0.26%	0.26%
	L	D	0.16%	0.19%	0.16%
	LDOS	A	0.01%	0.21%	0.01%
	LII	C	0.0%	0.25%	0.0%
	LKQ	F	0.01%	0.17%	0.01%
	LNG	D	0.05%	0.32%	0.05%
	LNT	A	0.03%	0.21%	0.03%
	LPLA	D	0.03%	0.21%	0.03%
	LUV	C	0.0%	0.04%	0.0%
	LW	D	0.0%	0.12%	0.0%
	LYB	D	0.03%	0.21%	0.03%
	LYV	A	0.0%	0.11%	0.0%
	MAA	C	0.01%	0.12%	0.01%
	MANH	B	0.04%	0.21%	0.04%
	MAS	B	0.01%	0.18%	0.01%
	MKC	C	0.01%	0.17%	0.01%
	MKL	C	0.12%	0.21%	0.12%
	MKTX	D	0.02%	0.13%	0.02%
	MLM	D	0.01%	0.28%	0.01%
	MOH	D	0.07%	0.27%	0.07%
	MOS	F	0.02%	0.12%	0.02%
	MPWR	B	0.06%	0.41%	0.06%
	MRO	D	0.02%	0.22%	0.02%
	MTB	C	0.04%	0.31%	0.04%
	MTCH	C	0.0%	0.1%	0.0%
	NBIX	F	0.11%	0.17%	0.11%
	NDAQ	C	0.01%	0.29%	0.01%
	NDSN	C	0.02%	0.18%	0.02%
	NET	D	0.0%	0.1%	0.0%
	NI	B	0.01%	0.28%	0.01%
	NRG	B	0.01%	0.21%	0.01%
	NTAP	D	0.04%	0.31%	0.04%
	NTRS	C	0.01%	0.18%	0.01%
	NVR	B	0.07%	0.39%	0.07%
	NWSA	D	0.01%	0.15%	0.01%
	OC	C	0.03%	0.36%	0.03%
	OKTA	F	0.0%	0.08%	0.0%
	OMC	B	0.04%	0.27%	0.04%
	OVV	F	0.02%	0.18%	0.02%
	PARA	D	0.01%	0.05%	0.01%
	PAYC	D	0.02%	0.09%	0.02%
	PCG	C	0.03%	0.25%	0.03%
	PFG	B	0.02%	0.26%	0.02%
	PHM	B	0.07%	0.46%	0.07%
	PINS	D	0.0%	0.11%	0.0%
	PKG	B	0.03%	0.22%	0.03%
	PNR	B	0.03%	0.24%	0.03%
	PODD	C	0.0%	0.18%	0.0%
	POOL	C	0.03%	0.18%	0.03%
	PPG	C	0.01%	0.13%	0.01%
	PPL	A	0.01%	0.21%	0.01%
	PSTG	F	0.0%	0.17%	0.0%
	PTC	C	0.07%	0.23%	0.07%
	PWR	B	0.01%	0.38%	0.01%
	QRVO	F	0.01%	0.19%	0.01%
	RBLX	C	0.0%	0.09%	0.0%
	RCL	B	0.0%	0.28%	0.0%
	REG	C	0.01%	0.14%	0.01%
	RF	B	0.03%	0.27%	0.03%
	RJF	C	0.01%	0.26%	0.01%
	RMD	C	0.05%	0.35%	0.05%
	ROK	D	0.05%	0.31%	0.05%
	ROKU	D	0.0%	0.1%	0.0%
	ROL	C	0.08%	0.12%	0.08%
	RPM	B	0.01%	0.19%	0.01%
	RPRX	C	0.01%	0.08%	0.01%
	RS	D	0.01%	0.23%	0.01%
	SBAC	C	0.01%	0.13%	0.01%
	SEIC	B	0.01%	0.14%	0.01%
	SJM	C	0.08%	0.17%	0.08%
	SMCI	F	0.04%	0.12%	0.04%
	SNA	B	0.03%	0.22%	0.03%
	SNAP	D	0.0%	0.05%	0.0%
	SOLV	D	0.03%	0.09%	0.03%
	SSNC	C	0.01%	0.23%	0.01%
	STE	B	0.01%	0.26%	0.01%
	STLD	C	0.02%	0.28%	0.02%
	STT	B	0.03%	0.28%	0.03%
	STX	B	0.01%	0.2%	0.01%
	SUI	C	0.01%	0.11%	0.01%
	SW	B	0.02%	0.13%	0.02%
	SWK	B	0.02%	0.2%	0.02%
	SWKS	F	0.03%	0.21%	0.03%
	SYF	C	0.03%	0.35%	0.03%
	TAP	D	0.01%	0.14%	0.01%
	TDY	B	0.05%	0.22%	0.05%
	TECH	C	0.0%	0.17%	0.0%
	TER	C	0.03%	0.28%	0.03%
	TFX	B	0.01%	0.18%	0.01%
	TOST	C	0.0%	0.08%	0.0%
	TPL	C	0.04%	0.23%	0.04%
	TRGP	C	0.03%	0.39%	0.03%
	TRMB	C	0.01%	0.22%	0.01%
	TROW	C	0.05%	0.2%	0.05%
	TRU	B	0.01%	0.16%	0.01%
	TSCO	B	0.05%	0.36%	0.05%
	TSN	D	0.13%	0.16%	0.13%
	TTC	F	0.02%	0.14%	0.02%
	TTWO	D	0.01%	0.28%	0.01%
	TW	B	0.0%	0.09%	0.0%
	TWLO	C	0.0%	0.13%	0.0%
	TXT	D	0.01%	0.19%	0.01%
	TYL	C	0.0%	0.26%	0.0%
	UDR	C	0.0%	0.16%	0.0%
	UHAL	B	0.01%	0.12%	0.01%
	UHAL	B	0.01%	0.01%	0.01%
	UHS	C	0.01%	0.28%	0.01%
	ULTA	D	0.07%	0.23%	0.07%
	URI	B	0.02%	0.64%	0.02%
	UTHR	B	0.14%	0.28%	0.14%
	VEEV	C	0.04%	0.09%	0.04%
	VICI	C	0.02%	0.19%	0.02%
	VLTO	B	0.05%	0.15%	0.05%
	VMC	C	0.01%	0.23%	0.01%
	VRSK	D	0.0%	0.34%	0.0%
	VRSN	C	0.14%	0.15%	0.14%
	VRT	C	0.0%	0.24%	0.0%
	VST	B	0.01%	0.38%	0.01%
	VTR	C	0.01%	0.17%	0.01%
	VTRS	D	0.03%	0.26%	0.03%
	WAB	B	0.01%	0.34%	0.01%
	WAT	B	0.04%	0.2%	0.04%
	WBD	D	0.06%	0.08%	0.06%
	WDC	C	0.01%	0.27%	0.01%
	WEC	B	0.19%	0.24%	0.19%
	WLK	C	0.0%	0.07%	0.0%
	WPC	C	0.01%	0.12%	0.01%
	WRB	D	0.13%	0.2%	0.13%
	WSM	C	0.04%	0.3%	0.04%
	WSO	C	0.03%	0.17%	0.03%
	WST	D	0.03%	0.24%	0.03%
	WTRG	D	0.01%	0.12%	0.01%
	WTW	B	0.07%	0.31%	0.07%
	WY	C	0.02%	0.18%	0.02%
	WYNN	C	0.0%	0.09%	0.0%
	XYL	C	0.01%	0.26%	0.01%
	Z	C	0.0%	0.12%	0.0%
	ZBH	F	0.01%	0.26%	0.01%
	ZBRA	B	0.01%	0.26%	0.01%
	ZM	C	0.01%	0.14%	0.01%

QWLD Overweight 293 Positions Relative to JHMM

	Symbol	Grade	Weight
	AAPL	C	2.55%
	MSFT	C	2.36%
	META	B	2.11%
	NVDA	C	2.04%
	LLY	D	1.39%
	UNH	C	1.29%
	JNJ	C	1.15%
	V	C	1.11%
	GOOGL	D	0.99%
	PG	C	0.96%
	CSCO	B	0.92%
	NVS	C	0.88%
	GOOG	D	0.87%
	PEP	D	0.83%
	COST	C	0.76%
	WMT	B	0.72%
	BRK.A	C	0.7%
	MA	B	0.67%
	TMUS	B	0.64%
	KO	B	0.64%
	ACN	C	0.62%
	VZ	A	0.6%
	MSI	B	0.58%
	JPM	D	0.52%
	MMC	C	0.51%
	MRK	F	0.5%
	ROP	C	0.49%
	IBM	B	0.49%
	WM	D	0.49%
	TXN	B	0.48%
	MCK	F	0.47%
	SO	B	0.47%
	XOM	D	0.46%
	NFLX	B	0.46%
	LMT	A	0.45%
	REGN	D	0.44%
	ADBE	F	0.44%
	RSG	D	0.44%
	VRTX	D	0.42%
	MCD	B	0.42%
	APH	C	0.4%
	ABBV	B	0.4%
	CB	B	0.4%
	GIS	B	0.38%
	DUK	B	0.37%
	ED	B	0.37%
	T	B	0.36%
	AMZN	C	0.35%
	CAT	B	0.35%
	TJX	C	0.34%
	NOC	B	0.34%
	PGR	C	0.34%
	GE	C	0.33%
	AMAT	D	0.33%
	QCOM	D	0.33%
	BAC	D	0.33%
	UL	B	0.3%
	CVX	F	0.29%
	UNP	D	0.27%
	TRV	C	0.27%
	ELV	D	0.27%
	AZO	B	0.27%
	WCN	D	0.26%
	ADP	C	0.24%
	INTU	D	0.24%
	GILD	B	0.23%
	ORCL	B	0.23%
	HON	C	0.23%
	ISRG	C	0.23%
	CL	C	0.22%
	KHC	C	0.22%
	ORLY	B	0.22%
	BLK	B	0.22%
	C	C	0.22%
	WFC	D	0.21%
	PFE	D	0.21%
	MFG	D	0.2%
	CTSH	B	0.2%
	LRCX	D	0.2%
	BMY	C	0.19%
	NKE	D	0.19%
	GD	C	0.19%
	CHKP	B	0.19%
	AMGN	D	0.19%
	CI	C	0.19%
	ANET	C	0.19%
	HSY	D	0.18%
	KLAC	D	0.18%
	AJG	D	0.18%
	MPC	F	0.18%
	EA	D	0.17%
	CVS	D	0.17%
	HUM	F	0.17%
	WMB	C	0.16%
	CMCSA	C	0.16%
	PANW	D	0.16%
	KDP	B	0.16%
	ZTS	B	0.16%
	MDLZ	C	0.16%
	TGT	C	0.15%
	TM	D	0.15%
	CME	B	0.15%
	AON	B	0.15%
	GM	C	0.15%
	ABBV	B	0.15%
	PSX	F	0.14%
	TD	C	0.14%
	SHW	B	0.14%
	YUM	B	0.14%
	TT	B	0.14%
	HD	B	0.14%
	GS	B	0.14%
	MMM	B	0.14%
	ITW	B	0.13%
	DEO	C	0.13%
	E	D	0.13%
	MCO	C	0.13%
	CTAS	C	0.13%
	CMG	D	0.13%
	KMB	C	0.12%
	AVGO	C	0.12%
	SNPS	F	0.12%
	AFL	A	0.12%
	TSLA	C	0.12%
	MUFG	D	0.12%
	DHI	C	0.12%
	CDNS	D	0.12%
	CNI	D	0.11%
	CSX	C	0.11%
	COP	F	0.1%
	PCAR	D	0.1%
	GWW	B	0.1%
	BCS	B	0.1%
	ADSK	B	0.09%
	IDXX	D	0.09%
	RTX	B	0.09%
	MS	B	0.09%
	SMFG	D	0.09%
	F	F	0.09%
	ABT	C	0.09%
	PAYX	C	0.09%
	STLA	F	0.09%
	PSA	C	0.09%
	INTC	D	0.09%
	LYG	B	0.09%
	LEN	B	0.09%
	KVUE	B	0.08%
	DIS	D	0.08%
	XEL	B	0.08%
	TFC	D	0.08%
	COF	B	0.08%
	SONY	C	0.08%
	HMC	D	0.08%
	PNC	C	0.08%
	USB	C	0.08%
	TEL	D	0.08%
	AIG	D	0.07%
	A	C	0.07%
	MCHP	D	0.07%
	EW	F	0.07%
	TMO	B	0.07%
	ODFL	D	0.07%
	CPRT	D	0.07%
	VLO	F	0.07%
	LOW	B	0.07%
	AEP	C	0.07%
	ALL	C	0.07%
	BDX	D	0.07%
	AXP	B	0.06%
	LULU	D	0.06%
	DHR	B	0.06%
	D	C	0.06%
	MDT	B	0.06%
	CNC	D	0.06%
	NEE	B	0.06%
	FDX	D	0.06%
	LIN	B	0.06%
	UPS	D	0.06%
	DE	A	0.06%
	MNST	D	0.06%
	LOGI	D	0.06%
	PM	C	0.06%
	CHTR	D	0.05%
	CRM	C	0.05%
	MT	C	0.05%
	NEM	C	0.05%
	BK	B	0.05%
	MET	B	0.05%
	BTI	C	0.05%
	PLD	C	0.05%
	ADM	D	0.05%
	EOG	D	0.05%
	OXY	F	0.04%
	MO	C	0.04%
	WBA	F	0.04%
	MU	D	0.04%
	SPGI	C	0.04%
	ADI	C	0.04%
	AMD	C	0.04%
	WDAY	D	0.04%
	PYPL	B	0.04%
	DOW	C	0.04%
	NUE	D	0.04%
	HCA	B	0.04%
	CTVA	B	0.04%
	PRU	C	0.04%
	APD	B	0.03%
	FCX	C	0.03%
	JCI	B	0.03%
	NSC	C	0.03%
	OKE	C	0.03%
	ETN	C	0.03%
	AMT	C	0.03%
	DVN	F	0.03%
	SYY	C	0.03%
	ICE	C	0.03%
	SLB	F	0.03%
	SYK	C	0.03%
	KMI	C	0.03%
	SRE	B	0.03%
	SCHW	D	0.03%
	EXC	B	0.03%
	SBUX	C	0.03%
	NMR	F	0.02%
	BIIB	F	0.02%
	APTV	D	0.02%
	CCI	C	0.02%
	NXPI	D	0.02%
	SPG	B	0.02%
	DLR	B	0.02%
	FIS	C	0.02%
	GEHC	B	0.02%
	GEV	B	0.02%
	PH	B	0.02%
	AER	C	0.02%
	ROST	C	0.02%
	WELL	C	0.02%
	CEG	C	0.02%
	KKR	B	0.02%
	PEG	B	0.02%
	CARR	B	0.02%
	BSX	B	0.02%
	BX	C	0.02%
	BKNG	B	0.02%
	LHX	C	0.02%
	EMR	D	0.02%
	O	B	0.02%
	MGM	D	0.01%
	OTEX	D	0.01%
	FTNT	B	0.01%
	HLT	B	0.01%
	MBAVU	D	0.01%
	EL	D	0.01%
	CCEP	C	0.01%
	SE	B	0.01%
	MRVL	D	0.01%
	STZ	C	0.01%
	ABNB	D	0.01%
	WFG	B	0.01%
	OTIS	B	0.01%
	TDG	B	0.01%
	MAR	B	0.01%
	DELL	C	0.01%
	HES	F	0.01%
	APO	B	0.01%
	UBER	C	0.01%
	SQ	D	0.01%
	MRNA	F	0.01%
	NOW	C	0.01%
	ECL	B	0.01%
	IQV	D	0.01%
	ON	D	0.01%
	DG	F	0.01%
	EQIX	B	0.01%
	BA	F	0.01%
	MELI	C	0.01%
	GLBE	C	0.0%
	XRX	D	0.0%
	DDOG	D	0.0%
	FUTU	A	0.0%
	MSTR	C	0.0%
	GRAB	B	0.0%
	SNOW	F	0.0%
	DXCM	F	0.0%
	CRWD	D	0.0%
	TTD	B	0.0%
	PLTR	C	0.0%
	RIVN	F	0.0%
	LVS	C	0.0%
	MSCI	C	0.0%
	DASH	B	0.0%
	COIN	F	0.0%
	QGEN	C	0.0%

QWLD Underweight 320 Positions Relative to JHMM

	Symbol	Grade	Weight
	FLEX	B	-0.37%
	TOL	A	-0.32%
	MTD	C	-0.3%
	SCI	C	-0.29%
	USFD	C	-0.26%
	CASY	D	-0.25%
	RNR	B	-0.24%
	THC	C	-0.24%
	RGA	C	-0.24%
	BLD	C	-0.23%
	DOX	C	-0.23%
	JLL	B	-0.23%
	EWBC	C	-0.22%
	ALNY	C	-0.22%
	TPR	A	-0.21%
	GWRE	B	-0.21%
	COHR	C	-0.21%
	CLH	C	-0.21%
	PNW	C	-0.21%
	EHC	B	-0.2%
	PFGC	B	-0.2%
	ITT	B	-0.2%
	BERY	B	-0.19%
	JEF	C	-0.19%
	ARMK	B	-0.18%
	ARW	B	-0.18%
	INGR	B	-0.18%
	WCC	C	-0.18%
	CIEN	B	-0.18%
	GL	D	-0.18%
	BJ	D	-0.18%
	CACI	B	-0.18%
	ATR	B	-0.17%
	FND	C	-0.17%
	NVT	C	-0.17%
	SF	B	-0.17%
	HUBS	D	-0.17%
	AN	C	-0.17%
	UNM	B	-0.17%
	HAS	B	-0.17%
	WAL	B	-0.17%
	ORI	B	-0.17%
	FYBR	C	-0.16%
	CMA	C	-0.16%
	SKX	C	-0.16%
	TTEK	C	-0.16%
	X	F	-0.16%
	SAIA	D	-0.16%
	RRX	C	-0.16%
	IBKR	B	-0.16%
	CW	B	-0.16%
	DCI	C	-0.16%
	GPK	C	-0.16%
	ALV	F	-0.16%
	OLED	D	-0.16%
	XPO	D	-0.16%
	WMS	D	-0.16%
	MKSI	F	-0.15%
	CHE	C	-0.15%
	CROX	C	-0.15%
	WWD	C	-0.15%
	FIX	B	-0.15%
	LNW	F	-0.15%
	NXST	D	-0.15%
	BWA	C	-0.15%
	LECO	D	-0.15%
	LAD	B	-0.15%
	TXRH	B	-0.15%
	OGE	B	-0.15%
	EXEL	C	-0.15%
	WBS	C	-0.14%
	ALSN	B	-0.14%
	OSK	F	-0.14%
	LAMR	B	-0.14%
	WEX	C	-0.14%
	ACHC	D	-0.14%
	KNSL	D	-0.14%
	NYT	B	-0.14%
	SWN	C	-0.14%
	ZION	D	-0.14%
	PRI	B	-0.14%
	AYI	B	-0.14%
	MUSA	D	-0.14%
	GNTX	D	-0.13%
	ICLR	F	-0.13%
	CLF	F	-0.13%
	BRKR	D	-0.13%
	CBSH	D	-0.13%
	JAZZ	D	-0.13%
	LEA	D	-0.13%
	RL	B	-0.13%
	ENSG	D	-0.13%
	WSC	D	-0.13%
	VOYA	B	-0.13%
	CUBE	C	-0.13%
	FAF	B	-0.13%
	UFPI	C	-0.13%
	POST	B	-0.13%
	NCLH	B	-0.13%
	SAIC	C	-0.13%
	CHDN	D	-0.13%
	LFUS	C	-0.13%
	GLOB	D	-0.13%
	AXTA	B	-0.13%
	MHK	B	-0.13%
	MIDD	C	-0.13%
	RHI	D	-0.13%
	ST	D	-0.13%
	REXR	C	-0.12%
	MAT	D	-0.12%
	ELAN	D	-0.12%
	MTN	D	-0.12%
	BPOP	C	-0.12%
	WH	B	-0.12%
	ONTO	C	-0.12%
	CVNA	B	-0.12%
	NSIT	C	-0.12%
	TPX	B	-0.12%
	RGLD	C	-0.12%
	GNRC	D	-0.12%
	KBR	D	-0.12%
	G	C	-0.12%
	SFM	B	-0.12%
	HRB	C	-0.12%
	MEDP	F	-0.12%
	IVZ	B	-0.12%
	SON	D	-0.12%
	EXP	B	-0.12%
	AIT	B	-0.12%
	GMED	D	-0.12%
	PNFP	C	-0.11%
	WHR	C	-0.11%
	AR	C	-0.11%
	TREX	F	-0.11%
	HLI	C	-0.11%
	CMC	D	-0.11%
	MTZ	C	-0.11%
	OHI	C	-0.11%
	LSTR	D	-0.11%
	FHN	D	-0.11%
	SSD	C	-0.11%
	BWXT	A	-0.11%
	APG	F	-0.11%
	HALO	D	-0.11%
	RRC	D	-0.11%
	WTFC	C	-0.11%
	CNM	F	-0.11%
	NTRA	C	-0.11%
	FCN	C	-0.11%
	MORN	C	-0.11%
	EGP	C	-0.1%
	COKE	C	-0.1%
	MSA	D	-0.1%
	SSB	C	-0.1%
	PB	D	-0.1%
	SRPT	F	-0.1%
	DBX	C	-0.1%
	EVR	B	-0.1%
	RGEN	F	-0.1%
	PR	F	-0.1%
	CR	B	-0.1%
	CGNX	F	-0.1%
	FTI	D	-0.1%
	FRT	C	-0.1%
	GXO	D	-0.1%
	CFR	C	-0.1%
	WING	C	-0.1%
	DAR	F	-0.1%
	TMHC	B	-0.1%
	LBRDK	C	-0.09%
	MDB	D	-0.09%
	NOVT	D	-0.09%
	ANF	D	-0.09%
	DLB	D	-0.09%
	RLI	B	-0.09%
	HQY	C	-0.09%
	SITE	D	-0.09%
	UAL	B	-0.09%
	PCTY	D	-0.09%
	BRX	C	-0.09%
	SPSC	D	-0.09%
	FN	C	-0.09%
	FMC	B	-0.09%
	TKR	C	-0.09%
	MUR	F	-0.09%
	RBC	B	-0.09%
	MTDR	F	-0.09%
	PCVX	C	-0.09%
	LSCC	D	-0.09%
	ESNT	B	-0.09%
	NNN	B	-0.09%
	SNX	C	-0.09%
	CIVI	F	-0.08%
	FLR	D	-0.08%
	BRBR	B	-0.08%
	STAG	D	-0.08%
	ESAB	C	-0.08%
	AFRM	D	-0.08%
	PLNT	C	-0.08%
	FR	C	-0.08%
	AMKR	F	-0.08%
	JXN	B	-0.08%
	NTNX	D	-0.08%
	MLI	B	-0.08%
	BFAM	C	-0.08%
	NOV	F	-0.08%
	ATI	C	-0.08%
	DTM	C	-0.08%
	MASI	C	-0.08%
	COLD	D	-0.08%
	WFRD	F	-0.08%
	THO	C	-0.07%
	CRUS	D	-0.07%
	PVH	D	-0.07%
	PAG	D	-0.07%
	FLS	C	-0.07%
	GAP	F	-0.07%
	TKO	A	-0.07%
	SOFI	D	-0.07%
	MTSI	C	-0.07%
	DUOL	C	-0.07%
	PEN	D	-0.07%
	ADC	C	-0.07%
	AAON	B	-0.07%
	WTS	C	-0.07%
	ZS	F	-0.07%
	FOUR	C	-0.06%
	COTY	D	-0.06%
	ITCI	D	-0.06%
	MTG	B	-0.06%
	SN	B	-0.06%
	BILL	D	-0.06%
	TRNO	D	-0.06%
	CHH	B	-0.06%
	EDR	A	-0.06%
	IBP	C	-0.06%
	CHX	F	-0.06%
	ETSY	D	-0.06%
	SIGI	D	-0.06%
	S	D	-0.06%
	ELF	F	-0.06%
	LNTH	D	-0.06%
	SMAR	A	-0.06%
	HLNE	B	-0.06%
	NWS	D	-0.06%
	LPX	B	-0.06%
	ADTN	C	-0.06%
	SUM	D	-0.05%
	GTLB	D	-0.05%
	ESI	C	-0.05%
	PSN	B	-0.05%
	U	D	-0.05%
	RHP	C	-0.05%
	AM	B	-0.05%
	AA	C	-0.05%
	INSM	D	-0.05%
	OMF	D	-0.05%
	VFC	B	-0.05%
	AZEK	C	-0.05%
	ONB	D	-0.05%
	ALTR	C	-0.05%
	APPF	C	-0.05%
	EXLS	B	-0.05%
	BMI	B	-0.05%
	ESTC	F	-0.05%
	VNO	B	-0.04%
	RCM	C	-0.04%
	ENLC	B	-0.04%
	RVMD	C	-0.04%
	AXS	B	-0.04%
	CRS	C	-0.04%
	HCP	A	-0.04%
	IONS	F	-0.04%
	CYTK	F	-0.04%
	GME	D	-0.04%
	MOG.A	B	-0.04%
	VKTX	D	-0.04%
	BOKF	C	-0.04%
	PCOR	D	-0.04%
	PATH	D	-0.04%
	CACC	F	-0.04%
	MOD	C	-0.04%
	CVLT	B	-0.04%
	PEGA	B	-0.03%
	AUR	C	-0.03%
	VRNS	B	-0.03%
	NEU	D	-0.03%
	REYN	C	-0.03%
	GKOS	C	-0.03%
	LEVI	C	-0.03%
	CFLT	F	-0.03%
	FRPT	C	-0.03%
	CWST	D	-0.03%
	WMG	D	-0.03%
	BPMC	F	-0.03%
	DOCS	B	-0.03%
	SNV	D	-0.03%
	CELH	F	-0.03%
	ZWS	B	-0.03%
	PPC	D	-0.03%
	VERX	D	-0.02%
	CHWY	D	-0.02%
	CWAN	C	-0.02%
	CNA	D	-0.02%
	AAL	D	-0.02%
	ZG	C	-0.02%
	INFA	D	-0.02%
	DDS	D	-0.02%
	RBRK	F	-0.01%
	SMMT	D	-0.01%
	UI	B	-0.01%
	RKT	C	-0.01%
	KNTK	C	-0.01%
	KEX	C	-0.01%
	STEP	B	-0.01%
	LBRDA	C	-0.01%
	BECN	F	-0.01%
	BIRK	F	-0.01%
	NPAB	D	-0.01%
	UWMC	D	-0.0%

QWLD: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Asset Management Business Services Semiconductors Capital Markets Diagnostics & Research Oil & Gas E&P Software - Infrastructure Specialty Retail Aerospace & Defense Banks - Regional - US Drug Manufacturers - Major REIT - Residential Specialty Chemicals Biotechnology Insurance - Property & Casualty Packaged Foods Banks - Global

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Bank Telecommunications Chemical Aerospace Banking Real Estate Investment Trust Insurance Products Medicine Semiconductor Cloud Computing Mining Mobile Devices

JHMM: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Software - Infrastructure Business Services Asset Management Oil & Gas E&P Building Materials Specialty Retail Diagnostics & Research 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 Building Materials Medicine Nasdaq 100 Electricity Insurance Products Telecommunications Beverage Biotechnology Oil And Gas