RWJ vs. JPSE ETF Comparison

Comparison of RevenueShares Small Cap (RWJ) to JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE)

RWJ

RevenueShares Small Cap

RWJ Description

The investment seeks outperform the total return performance of the S&P SmallCap 600® Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Small Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of small capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$48.31

Average Daily Volume

109,509

Number of Holdings ^*

581

* may have additional holdings in another (foreign) market

JPSE

JPMorgan Diversified Return U.S. Small Cap Equity ETF

JPSE Description

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 2000 Diversified Factor Index.

Grade (RS Rating)

Last Trade

$50.85

Average Daily Volume

33,513

Number of Holdings ^*

529

* may have additional holdings in another (foreign) market

Performance

Period	RWJ	JPSE
30 Days	5.12%	5.92%
60 Days	4.45%	5.89%
90 Days	5.85%	6.96%
12 Months	31.21%	28.45%

316 Overlapping Holdings

	Symbol	Grade	Weight in RWJ	Weight in JPSE	Overlap
	AAT	B	0.03%	0.22%	0.03%
	ABCB	B	0.12%	0.3%	0.12%
	ABG	C	1.33%	0.13%	0.13%
	ABM	B	0.64%	0.21%	0.21%
	ACA	A	0.2%	0.35%	0.2%
	ACLS	F	0.06%	0.09%	0.06%
	ADUS	D	0.07%	0.21%	0.07%
	AEIS	C	0.12%	0.28%	0.12%
	AEO	F	0.35%	0.17%	0.17%
	AGYS	A	0.02%	0.33%	0.02%
	AHCO	F	0.22%	0.06%	0.06%
	AIN	C	0.08%	0.12%	0.08%
	AKR	B	0.03%	0.31%	0.03%
	ALEX	B	0.01%	0.15%	0.01%
	ALKS	C	0.11%	0.17%	0.11%
	ALRM	C	0.07%	0.13%	0.07%
	AMPH	F	0.05%	0.21%	0.05%
	AMR	C	0.27%	0.23%	0.23%
	AMWD	C	0.14%	0.06%	0.06%
	ANDE	D	0.85%	0.25%	0.25%
	ANIP	F	0.04%	0.17%	0.04%
	AOSL	C	0.03%	0.01%	0.01%
	APAM	B	0.09%	0.17%	0.09%
	APLE	B	0.11%	0.23%	0.11%
	APOG	C	0.12%	0.24%	0.12%
	ARCB	C	0.33%	0.21%	0.21%
	ARCH	B	0.26%	0.26%	0.26%
	ARI	C	0.06%	0.1%	0.06%
	AROC	A	0.09%	0.35%	0.09%
	ASIX	B	0.11%	0.13%	0.11%
	ASO	F	0.36%	0.18%	0.18%
	ASTH	F	0.09%	0.19%	0.09%
	ATEN	A	0.02%	0.18%	0.02%
	AUB	B	0.09%	0.13%	0.09%
	AVA	A	0.13%	0.28%	0.13%
	AVNS	F	0.04%	0.05%	0.04%
	AWR	B	0.04%	0.2%	0.04%
	AX	B	0.16%	0.27%	0.16%
	AZZ	A	0.12%	0.18%	0.12%
	B	A	0.13%	0.06%	0.06%
	BANF	B	0.07%	0.04%	0.04%
	BCC	B	0.51%	0.32%	0.32%
	BCPC	B	0.07%	0.3%	0.07%
	BDN	C	0.03%	0.21%	0.03%
	BGS	F	0.1%	0.13%	0.1%
	BHE	C	0.22%	0.26%	0.22%
	BKE	B	0.09%	0.32%	0.09%
	BLMN	F	0.26%	0.1%	0.1%
	BMI	B	0.06%	0.31%	0.06%
	BSIG	A	0.04%	0.07%	0.04%
	BTU	B	0.38%	0.24%	0.24%
	CABO	B	0.14%	0.23%	0.14%
	CAL	F	0.2%	0.03%	0.03%
	CALM	A	0.21%	0.38%	0.21%
	CALX	D	0.06%	0.13%	0.06%
	CARG	B	0.08%	0.26%	0.08%
	CARS	C	0.05%	0.06%	0.05%
	CASH	B	0.07%	0.09%	0.07%
	CATY	B	0.12%	0.21%	0.12%
	CCOI	B	0.08%	0.29%	0.08%
	CCS	D	0.23%	0.11%	0.11%
	CEIX	A	0.21%	0.32%	0.21%
	CENTA	C	0.11%	0.15%	0.11%
	CENX	B	0.23%	0.34%	0.23%
	CHCO	B	0.03%	0.07%	0.03%
	CHEF	A	0.26%	0.13%	0.13%
	CNMD	C	0.09%	0.15%	0.09%
	CNS	B	0.04%	0.08%	0.04%
	CNSL	C	0.08%	0.1%	0.08%
	CNXN	C	0.19%	0.17%	0.17%
	COHU	C	0.04%	0.19%	0.04%
	COLL	F	0.03%	0.22%	0.03%
	COOP	B	0.15%	0.31%	0.15%
	CORT	B	0.06%	0.43%	0.06%
	CPK	A	0.05%	0.3%	0.05%
	CPRX	C	0.03%	0.3%	0.03%
	CRC	A	0.19%	0.2%	0.19%
	CRK	B	0.13%	0.21%	0.13%
	CRS	B	0.24%	0.38%	0.24%
	CRVL	B	0.07%	0.33%	0.07%
	CSGS	B	0.1%	0.15%	0.1%
	CSWI	B	0.07%	0.32%	0.07%
	CTRE	C	0.02%	0.29%	0.02%
	CTS	C	0.04%	0.22%	0.04%
	CVI	F	0.51%	0.11%	0.11%
	CWK	C	0.7%	0.07%	0.07%
	CWT	C	0.06%	0.19%	0.06%
	CXW	C	0.22%	0.39%	0.22%
	DEA	D	0.02%	0.17%	0.02%
	DEI	B	0.08%	0.25%	0.08%
	DFIN	D	0.05%	0.07%	0.05%
	DGII	C	0.04%	0.23%	0.04%
	DIOD	D	0.08%	0.17%	0.08%
	DNOW	B	0.2%	0.17%	0.17%
	DORM	B	0.16%	0.08%	0.08%
	DRH	B	0.08%	0.2%	0.08%
	DVAX	C	0.02%	0.18%	0.02%
	DXPE	C	0.16%	0.03%	0.03%
	EFC	C	0.03%	0.23%	0.03%
	EIG	B	0.07%	0.17%	0.07%
	ENR	B	0.23%	0.28%	0.23%
	ENVA	B	0.21%	0.36%	0.21%
	EPC	F	0.15%	0.24%	0.15%
	EPRT	B	0.03%	0.29%	0.03%
	ETD	C	0.04%	0.23%	0.04%
	EVTC	B	0.06%	0.12%	0.06%
	EXPI	D	0.3%	0.11%	0.11%
	EXTR	C	0.09%	0.25%	0.09%
	FBP	C	0.09%	0.16%	0.09%
	FCF	B	0.05%	0.08%	0.05%
	FCPT	C	0.02%	0.26%	0.02%
	FDP	B	0.35%	0.26%	0.26%
	FELE	B	0.16%	0.31%	0.16%
	FFBC	B	0.09%	0.13%	0.09%
	FIZZ	C	0.09%	0.24%	0.09%
	FLGT	F	0.02%	0.06%	0.02%
	FORM	D	0.04%	0.2%	0.04%
	FSS	B	0.13%	0.27%	0.13%
	FUL	F	0.23%	0.26%	0.23%
	FULT	A	0.13%	0.17%	0.13%
	GEO	B	0.34%	0.55%	0.34%
	GFF	A	0.22%	0.19%	0.19%
	GIII	D	0.22%	0.07%	0.07%
	GMS	B	0.46%	0.27%	0.27%
	GNW	A	0.52%	0.2%	0.2%
	GOGO	C	0.03%	0.15%	0.03%
	GPI	B	1.47%	0.31%	0.31%
	GRBK	D	0.12%	0.21%	0.12%
	GTY	A	0.01%	0.16%	0.01%
	HAIN	D	0.1%	0.1%	0.1%
	HASI	D	0.02%	0.19%	0.02%
	HAYN	A	0.04%	0.18%	0.04%
	HCC	B	0.14%	0.32%	0.14%
	HCSG	C	0.13%	0.05%	0.05%
	HI	C	0.24%	0.06%	0.06%
	HLIT	D	0.04%	0.25%	0.04%
	HLX	B	0.11%	0.26%	0.11%
	HMN	B	0.13%	0.04%	0.04%
	HNI	B	0.2%	0.26%	0.2%
	HOPE	C	0.08%	0.17%	0.08%
	HPP	F	0.05%	0.01%	0.01%
	HRMY	D	0.04%	0.1%	0.04%
	HSII	B	0.09%	0.08%	0.08%
	HTH	C	0.11%	0.13%	0.11%
	HUBG	A	0.31%	0.07%	0.07%
	HWKN	B	0.07%	0.2%	0.07%
	IBP	D	0.19%	0.24%	0.19%
	ICHR	C	0.06%	0.09%	0.06%
	IDCC	B	0.07%	0.39%	0.07%
	IIPR	D	0.02%	0.24%	0.02%
	INN	D	0.05%	0.12%	0.05%
	INVA	D	0.02%	0.27%	0.02%
	IOSP	C	0.15%	0.27%	0.15%
	IPAR	B	0.1%	0.12%	0.1%
	IRWD	F	0.03%	0.03%	0.03%
	ITGR	B	0.13%	0.29%	0.13%
	JBSS	F	0.07%	0.17%	0.07%
	JJSF	C	0.11%	0.25%	0.11%
	JOE	F	0.02%	0.24%	0.02%
	JXN	C	0.4%	0.35%	0.35%
	KALU	C	0.25%	0.22%	0.22%
	KFY	B	0.22%	0.16%	0.16%
	KLG	B	0.18%	0.18%	0.18%
	KLIC	B	0.06%	0.24%	0.06%
	KOP	C	0.15%	0.21%	0.15%
	KTB	B	0.22%	0.35%	0.22%
	KWR	C	0.14%	0.19%	0.14%
	LBRT	D	0.29%	0.19%	0.19%
	LCII	C	0.26%	0.14%	0.14%
	LGND	C	0.01%	0.3%	0.01%
	LPG	F	0.03%	0.17%	0.03%
	LTC	B	0.01%	0.29%	0.01%
	LUMN	C	1.4%	0.39%	0.39%
	LXP	D	0.02%	0.18%	0.02%
	LZB	B	0.15%	0.29%	0.15%
	MAC	B	0.07%	0.33%	0.07%
	MATV	D	0.09%	0.15%	0.09%
	MATX	C	0.29%	0.34%	0.29%
	MC	C	0.08%	0.31%	0.08%
	MGEE	B	0.05%	0.25%	0.05%
	MGPI	F	0.03%	0.11%	0.03%
	MGY	A	0.1%	0.28%	0.1%
	MHO	D	0.27%	0.28%	0.27%
	MLI	B	0.31%	0.39%	0.31%
	MLKN	F	0.23%	0.13%	0.13%
	MMI	C	0.04%	0.02%	0.02%
	MMSI	A	0.09%	0.3%	0.09%
	MOG.A	B	0.28%	0.14%	0.14%
	MSEX	C	0.01%	0.09%	0.01%
	MTH	D	0.39%	0.26%	0.26%
	MTRN	C	0.13%	0.26%	0.13%
	MTUS	C	0.09%	0.17%	0.09%
	MTX	B	0.17%	0.27%	0.17%
	MXL	C	0.03%	0.03%	0.03%
	MYE	F	0.05%	0.03%	0.03%
	MYGN	F	0.03%	0.05%	0.03%
	NAVI	F	0.33%	0.16%	0.16%
	NBTB	B	0.06%	0.17%	0.06%
	NEO	C	0.04%	0.07%	0.04%
	NGVT	B	0.13%	0.24%	0.13%
	NHC	C	0.08%	0.07%	0.07%
	NMIH	C	0.04%	0.23%	0.04%
	NOG	B	0.16%	0.16%	0.16%
	NPK	B	0.02%	0.05%	0.02%
	NPO	A	0.08%	0.26%	0.08%
	NSIT	F	0.48%	0.21%	0.21%
	NTCT	C	0.06%	0.16%	0.06%
	NWBI	B	0.05%	0.17%	0.05%
	NWN	A	0.08%	0.25%	0.08%
	NX	C	0.08%	0.05%	0.05%
	ODP	F	0.44%	0.0%	0.0%
	OFG	B	0.06%	0.23%	0.06%
	OMCL	C	0.08%	0.1%	0.08%
	OMI	F	0.59%	0.1%	0.1%
	OTTR	C	0.1%	0.27%	0.1%
	OUT	A	0.14%	0.17%	0.14%
	OXM	F	0.1%	0.1%	0.1%
	PARR	F	0.57%	0.13%	0.13%
	PATK	C	0.25%	0.29%	0.25%
	PBH	A	0.09%	0.31%	0.09%
	PBI	B	0.26%	0.11%	0.11%
	PCRX	C	0.06%	0.02%	0.02%
	PDCO	F	0.42%	0.04%	0.04%
	PEB	D	0.1%	0.15%	0.1%
	PECO	A	0.04%	0.27%	0.04%
	PHIN	A	0.28%	0.09%	0.09%
	PI	D	0.02%	0.21%	0.02%
	PLAB	C	0.06%	0.27%	0.06%
	PLUS	F	0.13%	0.21%	0.13%
	PLXS	B	0.34%	0.36%	0.34%
	PMT	C	0.1%	0.16%	0.1%
	PRDO	B	0.06%	0.35%	0.06%
	PRG	C	0.18%	0.12%	0.12%
	PRGS	A	0.06%	0.29%	0.06%
	PSMT	D	0.34%	0.07%	0.07%
	PTEN	C	0.4%	0.13%	0.13%
	RC	D	0.07%	0.03%	0.03%
	RDN	D	0.09%	0.27%	0.09%
	RDNT	B	0.14%	0.26%	0.14%
	RES	D	0.1%	0.09%	0.09%
	REX	D	0.05%	0.19%	0.05%
	RGR	F	0.03%	0.14%	0.03%
	RNST	B	0.08%	0.14%	0.08%
	ROIC	A	0.03%	0.25%	0.03%
	RUN	F	0.08%	0.08%	0.08%
	RWT	D	0.05%	0.06%	0.05%
	SAFT	B	0.07%	0.08%	0.07%
	SANM	B	0.62%	0.24%	0.24%
	SATS	D	1.5%	0.29%	0.29%
	SCHL	F	0.09%	0.04%	0.04%
	SCL	C	0.16%	0.19%	0.16%
	SCSC	C	0.24%	0.21%	0.21%
	SCVL	F	0.08%	0.24%	0.08%
	SEM	B	0.52%	0.3%	0.3%
	SFNC	C	0.12%	0.14%	0.12%
	SHEN	F	0.02%	0.13%	0.02%
	SHO	D	0.07%	0.25%	0.07%
	SHOO	F	0.14%	0.19%	0.14%
	SIG	B	0.52%	0.31%	0.31%
	SJW	F	0.04%	0.15%	0.04%
	SKT	A	0.04%	0.32%	0.04%
	SKYW	C	0.32%	0.33%	0.32%
	SLG	B	0.06%	0.31%	0.06%
	SLP	D	0.0%	0.08%	0.0%
	SLVM	B	0.27%	0.32%	0.27%
	SM	B	0.2%	0.28%	0.2%
	SMPL	B	0.09%	0.25%	0.09%
	SNEX	B	0.15%	0.11%	0.11%
	SPSC	D	0.04%	0.27%	0.04%
	SPTN	D	0.56%	0.14%	0.14%
	SSTK	F	0.06%	0.1%	0.06%
	STAA	F	0.02%	0.03%	0.02%
	STC	B	0.16%	0.28%	0.16%
	STRA	C	0.09%	0.19%	0.09%
	SUPN	C	0.05%	0.22%	0.05%
	SVC	F	0.08%	0.05%	0.05%
	SWI	C	0.06%	0.06%	0.06%
	SXC	A	0.23%	0.28%	0.23%
	SXI	B	0.06%	0.25%	0.06%
	SXT	C	0.11%	0.23%	0.11%
	TDS	B	0.47%	0.38%	0.38%
	TGNA	B	0.26%	0.32%	0.26%
	THRM	F	0.09%	0.07%	0.07%
	THS	D	0.18%	0.15%	0.15%
	TILE	B	0.12%	0.31%	0.12%
	TNC	D	0.08%	0.01%	0.01%
	TPH	D	0.27%	0.24%	0.24%
	TRMK	C	0.08%	0.09%	0.08%
	TRST	B	0.02%	0.07%	0.02%
	TTMI	C	0.22%	0.31%	0.22%
	UCTT	D	0.13%	0.22%	0.13%
	UE	B	0.03%	0.31%	0.03%
	UFPT	C	0.03%	0.24%	0.03%
	UNF	B	0.17%	0.01%	0.01%
	UNFI	A	2.85%	0.19%	0.19%
	UNIT	B	0.08%	0.07%	0.07%
	UPBD	B	0.31%	0.18%	0.18%
	URBN	C	0.41%	0.17%	0.17%
	USNA	C	0.06%	0.1%	0.06%
	USPH	B	0.05%	0.17%	0.05%
	UVV	B	0.2%	0.22%	0.2%
	VIAV	C	0.08%	0.25%	0.08%
	VRTS	B	0.07%	0.02%	0.02%
	WAFD	B	0.1%	0.21%	0.1%
	WDFC	B	0.04%	0.28%	0.04%
	WGO	C	0.23%	0.17%	0.17%
	WHD	B	0.09%	0.28%	0.09%
	WKC	C	3.1%	0.19%	0.19%
	WNC	C	0.16%	0.09%	0.09%
	WOR	F	0.13%	0.19%	0.13%
	WSR	A	0.01%	0.15%	0.01%
	WT	A	0.03%	0.11%	0.03%
	XHR	B	0.08%	0.19%	0.08%
	XRX	F	0.36%	0.09%	0.09%
	YELP	C	0.1%	0.25%	0.1%
	YOU	D	0.04%	0.14%	0.04%

RWJ Overweight 265 Positions Relative to JPSE

	Symbol	Grade	Weight
	LNC	C	1.38%
	SAH	C	1.15%
	KSS	F	1.1%
	ADNT	F	1.07%
	DXC	B	0.99%
	ALK	B	0.92%
	HTZ	C	0.83%
	AAP	D	0.78%
	VFC	C	0.77%
	JBLU	F	0.76%
	RUSHA	C	0.68%
	DAN	D	0.65%
	VSCO	C	0.65%
	NWL	C	0.63%
	REZI	A	0.58%
	EAT	A	0.52%
	RHI	C	0.51%
	FL	F	0.51%
	AXL	C	0.49%
	PENN	C	0.47%
	OI	C	0.47%
	MCY	A	0.45%
	CMA	B	0.44%
	SNDR	B	0.42%
	HBI	B	0.41%
	SEE	C	0.41%
	BFH	C	0.4%
	MYRG	B	0.38%
	GBX	A	0.34%
	OGN	F	0.34%
	GO	C	0.34%
	GVA	A	0.34%
	NATL	B	0.33%
	CAKE	C	0.32%
	ALGT	B	0.32%
	WS	C	0.32%
	DY	D	0.31%
	LEG	F	0.3%
	RXO	D	0.29%
	GTES	A	0.29%
	ATI	C	0.28%
	VYX	B	0.28%
	TRN	B	0.27%
	CBRL	C	0.27%
	MODG	F	0.25%
	SBH	C	0.25%
	NBR	C	0.25%
	IAC	F	0.25%
	SABR	C	0.24%
	WERN	C	0.24%
	KELYA	F	0.23%
	HP	C	0.23%
	OII	B	0.22%
	CNK	C	0.22%
	SPNT	B	0.21%
	VSTO	A	0.21%
	PLAY	D	0.2%
	FTRE	D	0.2%
	MD	C	0.2%
	VSAT	F	0.2%
	AL	B	0.2%
	ITRI	C	0.19%
	ETSY	D	0.19%
	WWW	A	0.19%
	VSTS	C	0.19%
	VIRT	A	0.18%
	DLX	B	0.18%
	GES	F	0.18%
	KMT	B	0.17%
	LRN	A	0.17%
	GPRE	F	0.17%
	HZO	F	0.16%
	BKU	A	0.16%
	ICUI	D	0.16%
	AIR	B	0.16%
	BGC	C	0.16%
	VTLE	C	0.15%
	FTDR	B	0.15%
	HELE	C	0.15%
	PZZA	F	0.15%
	JBT	B	0.15%
	FWRD	D	0.14%
	ATGE	B	0.14%
	PRVA	C	0.14%
	CVCO	A	0.14%
	KAR	B	0.14%
	LGIH	F	0.14%
	EYE	C	0.14%
	IART	C	0.14%
	MATW	C	0.13%
	ALG	B	0.13%
	ZWS	B	0.13%
	PIPR	A	0.13%
	BXMT	C	0.13%
	TALO	C	0.13%
	SONO	C	0.13%
	TRIP	F	0.13%
	VVI	C	0.12%
	CUBI	B	0.12%
	TGI	B	0.12%
	AMN	F	0.12%
	ACIW	B	0.12%
	POWL	C	0.12%
	CRSR	C	0.11%
	PINC	B	0.11%
	WSFS	B	0.11%
	TWI	F	0.11%
	ASTE	C	0.11%
	GDOT	D	0.11%
	NVRI	D	0.11%
	CENT	C	0.11%
	BJRI	C	0.11%
	UCB	A	0.11%
	ZD	B	0.11%
	OSIS	A	0.11%
	JACK	C	0.11%
	AWI	A	0.11%
	PUMP	C	0.11%
	ABR	C	0.11%
	PJT	A	0.11%
	BRC	D	0.1%
	FHB	B	0.1%
	SMP	C	0.1%
	MNRO	D	0.1%
	UFCS	A	0.1%
	ROCK	C	0.1%
	SHAK	C	0.1%
	BOOT	C	0.1%
	SNCY	C	0.1%
	VTOL	B	0.1%
	PRA	C	0.1%
	BOH	B	0.09%
	PAYO	A	0.09%
	ECPG	C	0.09%
	LESL	D	0.09%
	ENV	B	0.09%
	TRUP	B	0.09%
	BANC	B	0.09%
	BOX	B	0.08%
	IBTX	B	0.08%
	MSGS	A	0.08%
	SFBS	C	0.08%
	INDB	B	0.08%
	FOXF	F	0.08%
	HAYW	B	0.08%
	HTLD	C	0.08%
	MCW	C	0.08%
	PAHC	C	0.08%
	ESE	B	0.08%
	EZPW	B	0.08%
	AGO	B	0.07%
	PFS	B	0.07%
	VBTX	B	0.07%
	MRCY	C	0.07%
	SMTC	B	0.07%
	BANR	B	0.07%
	CBU	B	0.07%
	WD	D	0.07%
	MRTN	D	0.07%
	PRAA	D	0.07%
	EMBC	C	0.07%
	PPBI	C	0.06%
	BRKL	B	0.06%
	HIW	C	0.06%
	KN	B	0.06%
	AVAV	C	0.06%
	GDEN	B	0.06%
	ROG	D	0.06%
	SBCF	B	0.06%
	CVBF	A	0.06%
	DCOM	B	0.06%
	STEP	C	0.06%
	FBK	C	0.06%
	SEDG	F	0.06%
	NVEE	F	0.06%
	EGBN	B	0.06%
	TDW	F	0.06%
	PGNY	F	0.05%
	THRY	D	0.05%
	PRLB	B	0.05%
	AHH	D	0.05%
	PRK	B	0.05%
	CWEN	C	0.05%
	QNST	B	0.05%
	CWEN	C	0.05%
	DOCN	C	0.05%
	NBHC	C	0.05%
	EPAC	C	0.05%
	BHLB	B	0.05%
	DV	C	0.05%
	TR	B	0.05%
	VRRM	F	0.05%
	TBBK	B	0.05%
	WOLF	F	0.05%
	RAMP	B	0.05%
	MARA	B	0.05%
	BL	B	0.05%
	CXM	C	0.05%
	HCI	C	0.05%
	TGTX	B	0.04%
	KW	C	0.04%
	FBRT	D	0.04%
	IIIN	C	0.04%
	TNDM	D	0.04%
	HAFC	B	0.04%
	MCRI	A	0.04%
	STBA	B	0.04%
	VICR	C	0.04%
	WRLD	C	0.04%
	NARI	C	0.04%
	CLB	B	0.04%
	PFBC	B	0.04%
	KREF	C	0.04%
	VECO	F	0.04%
	TFIN	B	0.04%
	GNL	F	0.04%
	FBNC	B	0.04%
	INSP	D	0.04%
	LNN	B	0.04%
	AMBC	C	0.03%
	HFWA	C	0.03%
	WABC	B	0.03%
	AMSF	B	0.03%
	GSHD	A	0.03%
	LQDT	B	0.03%
	PTGX	D	0.03%
	GKOS	B	0.03%
	CPF	B	0.03%
	ADMA	B	0.03%
	NABL	F	0.03%
	AORT	B	0.03%
	XPEL	B	0.03%
	TMP	B	0.03%
	CFFN	C	0.03%
	SBSI	C	0.03%
	PLMR	A	0.03%
	LKFN	C	0.03%
	UTL	B	0.03%
	ARLO	C	0.03%
	JBGS	F	0.03%
	MPW	F	0.03%
	ELME	D	0.02%
	RCUS	F	0.02%
	LMAT	A	0.02%
	MP	C	0.02%
	BFS	C	0.02%
	VCEL	B	0.02%
	CSR	B	0.02%
	NXRT	B	0.02%
	CTKB	C	0.02%
	VRE	B	0.02%
	TTGT	B	0.02%
	HSTM	B	0.02%
	CERT	F	0.02%
	RGNX	D	0.01%
	VIR	D	0.01%
	UHT	D	0.01%
	CEVA	B	0.01%
	BLFS	C	0.01%
	XNCR	B	0.01%
	KRYS	C	0.01%
	PDFS	C	0.01%
	MLAB	F	0.01%
	SITM	B	0.01%
	SDGR	C	0.01%

RWJ Underweight 213 Positions Relative to JPSE

	Symbol	Grade	Weight
	SMR	B	-0.67%
	STRL	A	-0.46%
	SFM	A	-0.41%
	CNX	A	-0.4%
	IDT	B	-0.39%
	AIT	B	-0.39%
	TPB	B	-0.38%
	UEC	B	-0.36%
	LAUR	A	-0.35%
	CMC	B	-0.34%
	CNO	B	-0.33%
	ACLX	C	-0.32%
	UFPI	C	-0.32%
	ONB	C	-0.32%
	TMHC	C	-0.31%
	FN	C	-0.31%
	CBT	D	-0.31%
	QTWO	A	-0.31%
	OGS	A	-0.31%
	AVNT	B	-0.31%
	KRG	B	-0.3%
	BKH	A	-0.3%
	UBSI	B	-0.3%
	WTS	B	-0.3%
	ANET	C	-0.3%
	NMRK	C	-0.3%
	CDP	C	-0.29%
	HQY	A	-0.29%
	SR	A	-0.29%
	CVLT	B	-0.29%
	ESRT	C	-0.29%
	NJR	A	-0.29%
	SBRA	C	-0.29%
	CWST	A	-0.29%
	ENSG	C	-0.28%
	NOVT	D	-0.28%
	ALE	A	-0.28%
	NWE	B	-0.28%
	RHP	B	-0.28%
	HLNE	B	-0.28%
	PFSI	C	-0.27%
	KBH	D	-0.27%
	POR	C	-0.27%
	SWX	B	-0.26%
	BNL	D	-0.26%
	GATX	A	-0.26%
	GSAT	C	-0.26%
	NHI	D	-0.26%
	TRNO	F	-0.25%
	PDM	D	-0.25%
	MMS	F	-0.25%
	INFN	D	-0.25%
	RYI	C	-0.25%
	ESNT	F	-0.25%
	DHT	F	-0.25%
	CRAI	C	-0.24%
	WK	B	-0.24%
	IRT	A	-0.24%
	PCH	F	-0.24%
	HOMB	A	-0.24%
	WTTR	A	-0.24%
	BDC	C	-0.23%
	ECVT	C	-0.23%
	CHX	C	-0.23%
	SWBI	C	-0.23%
	CDE	C	-0.23%
	ESGR	B	-0.22%
	UTZ	D	-0.22%
	NTB	B	-0.22%
	LANC	C	-0.22%
	RLJ	C	-0.22%
	GPOR	B	-0.22%
	ORA	B	-0.21%
	HAE	C	-0.21%
	LNTH	D	-0.21%
	RMBS	B	-0.21%
	QLYS	B	-0.21%
	HL	D	-0.2%
	SCS	C	-0.2%
	POWI	F	-0.2%
	IBOC	B	-0.2%
	NTGR	B	-0.2%
	STNG	F	-0.2%
	DBRG	F	-0.2%
	OEC	C	-0.2%
	INSW	F	-0.19%
	EQC	B	-0.19%
	HLF	C	-0.19%
	IMKTA	C	-0.19%
	KNTK	A	-0.18%
	EAF	C	-0.18%
	LXU	B	-0.18%
	MUR	D	-0.18%
	OPCH	D	-0.18%
	HE	C	-0.18%
	TNET	F	-0.18%
	GEF	A	-0.18%
	VITL	D	-0.18%
	LILAK	D	-0.17%
	TROX	D	-0.17%
	ATKR	D	-0.17%
	LADR	B	-0.17%
	EGHT	B	-0.17%
	HWC	B	-0.17%
	AMSC	B	-0.17%
	PBF	D	-0.17%
	VCTR	B	-0.16%
	CSTM	F	-0.16%
	DOLE	D	-0.16%
	RYAM	C	-0.16%
	WMK	C	-0.16%
	MED	D	-0.16%
	VSH	F	-0.16%
	CMRE	C	-0.16%
	MGRC	B	-0.16%
	SGRY	F	-0.15%
	ACRE	B	-0.15%
	CLW	F	-0.15%
	CLFD	F	-0.15%
	ASGN	F	-0.15%
	EE	A	-0.15%
	RDFN	D	-0.14%
	WSBC	B	-0.14%
	FUBO	D	-0.13%
	METC	C	-0.13%
	HVT	D	-0.13%
	ACCO	C	-0.12%
	UMBF	B	-0.12%
	ZEUS	C	-0.12%
	IVT	A	-0.12%
	ENS	F	-0.12%
	ACT	C	-0.12%
	BZH	C	-0.11%
	ASC	F	-0.11%
	VREX	B	-0.11%
	COMM	D	-0.11%
	IGT	F	-0.11%
	EXPO	D	-0.11%
	SD	D	-0.1%
	RDUS	B	-0.1%
	BXC	B	-0.1%
	BLKB	B	-0.1%
	MRC	B	-0.1%
	HOV	D	-0.1%
	OCFC	B	-0.1%
	NSP	F	-0.1%
	GNK	D	-0.1%
	PGRE	F	-0.09%
	NUS	D	-0.09%
	IPI	C	-0.09%
	EGY	D	-0.09%
	AGM	B	-0.09%
	PNTG	D	-0.09%
	MOV	D	-0.09%
	CMCO	C	-0.09%
	PRM	C	-0.08%
	CSTL	D	-0.08%
	OSUR	F	-0.08%
	FRME	B	-0.07%
	FLNG	C	-0.07%
	ARCT	F	-0.07%
	SRCE	B	-0.07%
	BUSE	B	-0.06%
	CHCT	C	-0.06%
	RBCAA	B	-0.06%
	MWA	B	-0.06%
	ZUMZ	B	-0.06%
	USAP	B	-0.06%
	CTBI	B	-0.06%
	CWCO	C	-0.06%
	BRY	F	-0.06%
	MITK	C	-0.05%
	NAT	F	-0.05%
	SYNA	C	-0.05%
	ZYXI	D	-0.05%
	MEI	F	-0.05%
	ANF	F	-0.05%
	KRO	C	-0.05%
	PLL	C	-0.05%
	AVNW	F	-0.05%
	CCRN	F	-0.04%
	GTN	F	-0.04%
	TH	C	-0.04%
	NATR	C	-0.04%
	WOW	C	-0.04%
	NR	B	-0.04%
	VRNT	C	-0.04%
	ATEX	F	-0.04%
	AIV	C	-0.03%
	OSPN	A	-0.03%
	VNDA	C	-0.03%
	CWH	B	-0.03%
	THFF	B	-0.03%
	LFMD	D	-0.03%
	CSV	B	-0.03%
	GRWG	D	-0.03%
	GIC	D	-0.02%
	RGP	F	-0.02%
	CCSI	C	-0.02%
	LWLG	D	-0.02%
	TG	D	-0.02%
	SRDX	B	-0.02%
	CIX	D	-0.02%
	AVD	C	-0.02%
	TRS	B	-0.02%
	AAOI	B	-0.02%
	TRTX	C	-0.01%
	TBI	F	-0.01%
	BH	B	-0.01%
	BOOM	F	-0.01%
	ANIK	D	-0.01%
	RBBN	C	-0.0%
	STHO	F	-0.0%

RWJ: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology REIT - Diversified Diversified Industrials Software - Application Packaged Foods Specialty Chemicals Asset Management Oil & Gas Equipment & Services REIT - Retail Software - Infrastructure Auto Parts Insurance - Property & Casualty Medical Devices Restaurants Specialty Retail Communication Equipment Drug Manufacturers - Specialty & Generic Electronic Components Oil & Gas E&P

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

JPSE: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Specialty Chemicals Software - Application Diversified Industrials Telecom Services Oil & Gas E&P Packaged Foods Biotechnology Communication Equipment REIT - Hotel & Motel REIT - Retail Asset Management Electronic Components Oil & Gas Equipment & Services REIT - Office Diagnostics & Research Residential Construction Shipping & Ports Coal

Keywords: Real Estate Investment Trust Bank Banking Natural Gas Chemical Telecommunications Medicine Mining Computing Deposit Products Mortgage Loan Aerospace Clothing Semiconductor Broadband Real Estate Loans Retail Store Steel Alloys Building Materials