Quick Facts



Daily Prices

-1.40% (-$0.53)
March 04, 2021

Summary Stats

Listing Date 2017-04-17
AUM $68.70 M
Mgmt. Fee 0.32%
MER 4 0.39%

Investment Objective

MULC.B seeks to track the performance of the John Hancock Dimensional Large Cap Index (CAD), before fees and expenses.

ETF Characteristics 1

Price to Book (P/B) 3.1943
Price to Earnings (P/E) 20.04463
Average Market Cap $103.31 B
Dividend Yield 1.68%
Units Outstanding 1850000
Number of Holdings 783
Target Range Top 750 market capitalization
Hold Range 751-800 market capitalization
Risk Rating Medium
Reconstitution Semi-Annual - March/September

Why Invest

Broad large-cap exposure

Targeting a wide range of large-cap U.S stocks to access the breadth of the market's opportunities

Time-tested multifactor approach

Emphasizing factors (smaller cap, lower relative price, and higher profitability) that academic research has linked to higher expected returns

Efficient structure

Seeking to minimize turnover, trading costs, tax liabilities, and cash drag

Performance ±

Growth Chart

Growth Chart

Compound Returns (%)

1 month 3 months 6 months 1 year 3 years 5 years 10 years Inception
3.19 4.55 11.00 24.71 12.09 12.44
  1 month 3 months 6 months 1 year 3 years 5 years 10 years Inception
ETF 3.19 4.55 11.00 24.71 12.09 12.44

Calendar Returns (%)

2018 2019 2020
-0.05 24.35 14.09
2018 2019 2020
ETF -0.05 24.35 14.09

Portfolio Allocation as of 2021-03-04

Geographic Allocation (%)

Geographic Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Geographic Allocation pie chart.
Name Weight %
United States 96.98
Ireland 1.08
United Kingdom 0.82
Switzerland 0.45
Canada 0.26
Bermuda 0.18
Sweden 0.09
Australia 0.05
Israel 0.03
Other 0.05

Sector Allocation (%)

Sector Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Sector Allocation pie chart.
Name Weight %
Information Technology 23.68
Financials 13.45
Health Care 13.12
Consumer Discretionary 11.32
Industrials 11.08
Communication Services 8.96
Consumer Staples 5.65
Materials 3.98
Utilities 3.53
Other 5.24

Asset Allocation (%)

Asset Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Asset Allocation pie chart.
Name Weight %
Equities 99.72
Cash 0.12
Unit Trusts 0.11
Currency 0.04

Top 10 Holdings (%) 2

Name Ticker ISIN Weight %
Microsoft Corporation MSFT US5949181045 3.35
Apple Inc. AAPL US0378331005 3.34
Amazon.com Inc. AMZN US0231351067 2.26
Alphabet Inc., Class "A" GOOGL US02079K3059 1.78
Facebook Inc., Class "A" FB US30303M1027 1.05
JPMorgan Chase & Company JPM US46625H1005 1.01
Berkshire Hathaway Inc., Class B BRK/B US0846707026 0.88
Johnson & Johnson JNJ US4781601046 0.86
UnitedHealth Group Incorporated UNH US91324P1021 0.77
Visa Inc., Class "A" V US92826C8394 0.73
Comcast Corporation, Class "A" CMCSA US20030N1019 0.72
Walt Disney Company (The) DIS US2546871060 0.66
Mastercard Incorporated, Class "A" MA US57636Q1040 0.65
Intel Corporation INTC US4581401001 0.64
Procter & Gamble Company (The) PG US7427181091 0.60
Bank of America Corp. BAC US0605051046 0.59
Tesla Inc. TSLA US88160R1014 0.58
Verizon Communications Inc. VZ US92343V1044 0.58
PayPal Holdings Inc. PYPL US70450Y1038 0.49
AT&T Inc. T US00206R1023 0.48
Chevron Corporation CVX US1667641005 0.47
Exxon Mobil Corporation XOM US30231G1022 0.47
Home Depot Inc. (The) HD US4370761029 0.46
NVIDIA Corporation NVDA US67066G1040 0.46
Cisco Systems Inc. CSCO US17275R1023 0.45
Pfizer Inc. PFE US7170811035 0.45
Walmart Inc. WMT US9311421039 0.44
Abbott Laboratories ABT US0028241000 0.44
Lam Research Corporation LRCX US5128071082 0.44
Oracle Corporation ORCL US68389X1054 0.42
Merck & Company Inc. MRK US58933Y1055 0.41
Wells Fargo & Company WFC US9497461015 0.38
Micron Technology Inc. MU US5951121038 0.38
PepsiCo Inc. PEP US7134481081 0.38
Broadcom Inc. AVGO US11135F1012 0.38
Thermo Fisher Scientific Inc. TMO US8835561023 0.38
Coca-Cola Company (The) KO US1912161007 0.38
Morgan Stanley MS US6174464486 0.38
NIKE Inc., Class "B" NKE US6541061031 0.38
Citigroup Inc. C US1729674242 0.37
Applied Materials Inc. AMAT US0382221051 0.37
Texas Instruments Incorporated TXN US8825081040 0.37
Accenture PLC, Class "A" ACN IE00B4BNMY34 0.36
Target Corporation TGT US87612E1064 0.36
QUALCOMM Incorporated QCOM US7475251036 0.36
Union Pacific Corporation UNP US9078181081 0.36
AbbVie Inc. ABBV US00287Y1091 0.35
Eli Lilly & Company LLY US5324571083 0.34
Netflix Inc. NFLX US64110L1061 0.34
Adobe Inc. ADBE US00724F1012 0.34
Honeywell International Inc. HON US4385161066 0.32
Deere & Company DE US2441991054 0.32
Amgen Inc. AMGN US0311621009 0.31
Caterpillar Inc. CAT US1491231015 0.31
Raytheon Technologies Corporation RTX US75513E1010 0.31
Alphabet Inc., Class "C" GOOG US02079K1079 0.31
Costco Wholesale Corporation COST US22160K1051 0.30
Charles Schwab Corporation (The) SCHW US8085131055 0.30
Medtronic PLC MDT IE00BTN1Y115 0.30
McDonald's Corporation MCD US5801351017 0.30
Lowe's Companies Inc. LOW US5486611073 0.29
Charter Communications Inc. CHTR US16119P1084 0.29
International Business Machines Corporation IBM US4592001014 0.29
Danaher Corporation DHR US2358511028 0.28
salesforce.com inc. CRM US79466L3024 0.28
KLA Corporation KLAC US4824801009 0.28
Cigna Corporation CI US1255231003 0.28
The Goldman Sachs Group, Inc. GS US38141G1040 0.27
Norfolk Southern Corporation NSC US6558441084 0.27
Freeport-McMoRan Inc. FCX US35671D8570 0.27
TJX Companies Inc. (The) TJX US8725401090 0.26
Bristol-Myers Squibb Company BMY US1101221083 0.26
Anthem Inc. ANTM US0367521038 0.26
Starbucks Corporation SBUX US8552441094 0.26
Aptiv PLC APTV JE00B783TY65 0.26
Parker-Hannifin Corporation PH US7010941042 0.26
Truist Financial Corporation TFC US89832Q1094 0.26
Capital One Financial Corporation COF US14040H1059 0.25
American Express Company AXP US0258161092 0.25
Viacomcbs Inc. VIACA US92556H1077 0.25
NextEra Energy Inc. NEE US65339F1012 0.25
Booking Holdings Inc. BKNG US09857L1089 0.24
CVS Health Corporation CVS US1266501006 0.24
Ameriprise Financial Inc. AMP US03076C1062 0.24
eBay Inc. EBAY US2786421030 0.23
Cummins Inc. CMI US2310211063 0.23
PACCAR Inc. PCAR US6937181088 0.23
3M Company MMM US88579Y1010 0.23
Intuit Inc. INTU US4612021034 0.23
Linde PLC LIN IE00BZ12WP82 0.22
Ross Stores Inc. ROST US7782961038 0.22
Boeing Company (The) BA US0970231058 0.22
TE Connectivity Ltd. TEL CH0102993182 0.22
T. Rowe Price Group Inc. TROW US74144T1088 0.22
Kroger Company (The) KR US5010441013 0.22
S&P Global Inc. SPGI US78409V1044 0.22
Estee Lauder Companies Inc. (The), Class "A" EL US5184391044 0.21
Analog Devices Inc. ADI US0326541051 0.21
PNC Financial Services Group Inc. (The) PNC US6934751057 0.21
United Parcel Service Inc., Class "B" UPS US9113121068 0.21
Philip Morris International Inc. PM US7181721090 0.21
Aon PLC AON IE00BLP1HW54 0.21
MSCI Inc. MSCI US55354G1004 0.21
Agilent Technologies Inc. A US00846U1016 0.21
Gilead Sciences Inc. GILD US3755581036 0.21
CSX Corp. CSX US1264081035 0.21
Illinois Tool Works Inc. ITW US4523081093 0.21
General Electric Company GE US3696041033 0.21
Activision Blizzard Inc. ATVI US00507V1098 0.21
Best Buy Company Inc. BBY US0865161014 0.20
McKesson Corporation MCK US58155Q1031 0.20
Eaton Corporation PLC ETN IE00B8KQN827 0.20
Humana Inc. HUM US4448591028 0.20
Johnson Controls International PLC JCI IE00BY7QL619 0.20
Stryker Corporation SYK US8636671013 0.20
Discover Financial Services DFS US2547091080 0.20
General Motors Company GM US37045V1008 0.20
Fifth Third Bancorp FITB US3167731005 0.20
Travelers Companies Inc. (The) TRV US89417E1091 0.19
Rockwell Automation Inc. ROK US7739031091 0.19
Waste Management Inc. WM US94106L1098 0.19
Cadence Design Systems Inc. CDNS US1273871087 0.19
Corning Incorporated GLW US2193501051 0.19
U.S. Bancorp USB US9029733048 0.19
Sherwin-Williams Company (The) SHW US8243481061 0.19
Mondelez International Inc. MDLZ US6092071058 0.19
Skyworks Solutions Inc. SWKS US83088M1027 0.19
Zoetis Inc. ZTS US98978V1035 0.19
Laboratory Corporation of America Holdings LH US50540R4092 0.19
Global Payments Inc. GPN US37940X1028 0.18
ConocoPhillips COP US20825C1045 0.18
FedEx Corporation FDX US31428X1063 0.18
Lockheed Martin Corporation LMT US5398301094 0.18
United Rentals Inc. URI US9113631090 0.18
PPG Industries Inc. PPG US6935061076 0.18
Progressive Corporation (The) PGR US7433151039 0.18
Microchip Technology Incorporated MCHP US5950171042 0.18
Fidelity National Information Services Inc. FIS US31620M1062 0.18
Allstate Corporation (The) ALL US0200021014 0.18
Emerson Electric Company EMR US2910111044 0.18
IQVIA Holdings Inc. IQV US46266C1053 0.18
Dollar General Corporation DG US2566771059 0.18
Altria Group Inc. MO US02209S1033 0.18
CBRE Group Inc. CBRE US12504L1098 0.18
Amphenol Corporation APH US0320951017 0.18
Twitter Inc. TWTR US90184L1026 0.17
Duke Energy Corporation DUK US26441C2044 0.17
Southern Company (The) SO US8425871071 0.17
Stanley Black & Decker Inc. SWK US8545021011 0.17
Zimmer Biomet Holdings Inc. ZBH US98956P1021 0.17
Automatic Data Processing Inc. ADP US0530151036 0.17
Air Products and Chemicals Inc. APD US0091581068 0.17
IDEXX Laboratories Inc. IDXX US45168D1046 0.17
Republic Services Inc. RSG US7607591002 0.17
Ball Corporation BLL US0584981064 0.17
Public Service Enterprise Group Inc. PEG US7445731067 0.17
Intercontinental Exchange Inc. ICE US45866F1049 0.17
Marsh & McLennan Companies Inc. MMC US5717481023 0.17
Advanced Micro Devices Inc AMD US0079031078 0.17
Mettler-Toledo International Inc. MTD US5926881054 0.16
Exelon Corporation EXC US30161N1019 0.16
Biogen Inc. BIIB US09062X1037 0.16
Chipotle Mexican Grill Inc. CMG US1696561059 0.16
International Paper Company IP US4601461035 0.16
Seagate Technology PLC STX IE00B58JVZ52 0.16
Valero Energy Corporation VLO US91913Y1001 0.16
AMETEK, Inc. AME US0311001004 0.16
BlackRock Inc., Class "A" BLK US09247X1019 0.16
Marathon Petroleum Corporation MPC US56585A1025 0.16
American Electric Power Company Inc. AEP US0255371017 0.16
Paychex Inc. PAYX US7043261079 0.16
American Tower Corporation AMT US03027X1000 0.16
Regions Financial Corporation RF US7591EP1005 0.16
D.R. Horton Inc. DHI US23331A1097 0.16
Align Technology Inc. ALGN US0162551016 0.16
Archer-Daniels-Midland Company ADM US0394831020 0.16
Quest Diagnostics Incorporated DGX US74834L1008 0.16
Illumina Inc. ILMN US4523271090 0.16
Ecolab Inc. ECL US2788651006 0.15
Becton, Dickinson and Company BDX US0758871091 0.15
T-Mobile US Inc. TMUS US8725901040 0.15
Intuitive Surgical Inc. ISRG US46120E6023 0.15
PPL Corporation PPL US69351T1060 0.15
Ally Financial Inc ALLY US02005N1000 0.15
Maxim Integrated Products Inc. MXIM US57772K1016 0.15
Moody's Corporation MCO US6153691059 0.15
Sysco Corporation SYY US8718291078 0.15
Newmont Corporation NEM US6516391066 0.15
Hartford Financial Services Group Inc. (The) HIG US4165151048 0.15
DTE Energy Company DTE US2333311072 0.15
Dollar Tree Inc. DLTR US2567461080 0.15
Synchrony Financial SYF US87165B1035 0.15
Motorola Solutions Inc. MSI US6200763075 0.15
Consolidated Edison Inc. ED US2091151041 0.15
SVB Financial Group SIVB US78486Q1013 0.15
HP Inc. HPQ US40434L1052 0.15
Clorox Company (The) CLX US1890541097 0.15
Match Group Inc. MTCH US57667L1070 0.14
ResMed Inc. RMD US7611521078 0.14
Willis Towers Watson PLC WLTW IE00BDB6Q211 0.14
Liberty Broadband Corporation, Class "C" LBRDK US5303073051 0.14
Fastenal Company FAST US3119001044 0.14
International Flavors & Fragrances Inc. IFF US4595061015 0.14
Hilton Worldwide Holdings Inc. HLT US43300A2033 0.14
Tractor Supply Company TSCO US8923561067 0.14
ServiceNow Inc. NOW US81762P1021 0.14
Bank of New York Mellon Corporation (The) BK US0640581007 0.14
Prologis Inc. PLD US74340W1036 0.14
General Mills Inc. GIS US3703341046 0.14
Eversource Energy ES US30040W1080 0.14
Keysight Technologies Inc. KEYS US49338L1035 0.14
Edwards Lifesciences Corporation EW US28176E1082 0.14
Dover Corporation DOV US2600031080 0.14
lululemon athletica inc. LULU US5500211090 0.14
Colgate-Palmolive Company CL US1941621039 0.14
Aflac Inc. AFL US0010551028 0.14
Centene Corporation CNC US15135B1017 0.14
Verisk Analytics Inc. VRSK US92345Y1064 0.14
CarMax Inc. KMX US1431301027 0.14
Cognizant Technology Solutions Corporation CTSH US1924461023 0.14
Corteva Inc. CTVA US22052L1044 0.14
First Republic Bank FRC US33616C1009 0.14
Edison International EIX US2810201077 0.14
CME Group Inc., Class "A" CME US12572Q1058 0.13
Marvell Technology Group Limited MRVL BMG5876H1051 0.13
Xcel Energy Inc. XEL US98389B1008 0.13
O'Reilly Automotive Inc. ORLY US67103H1077 0.13
Chubb Limited CB CH0044328745 0.13
Ford Motor Company F US3453708600 0.13
Entergy Corporation ETR US29364G1031 0.13
Twilio Inc. TWLO US90138F1021 0.13
Western Digital Corporation WDC US9581021055 0.13
Zebra Technologies Corporation ZBRA US9892071054 0.13
ANSYS Inc. ANSS US03662Q1058 0.13
FleetCor Technologies Inc. FLT US3390411052 0.13
Kansas City Southern KSU US4851703029 0.13
Northrop Grumman Corporation NOC US6668071029 0.13
Autodesk Inc. ADSK US0527691069 0.13
AutoZone Inc. AZO US0533321024 0.13
MetLife Inc. MET US59156R1086 0.13
Omnicom Group Inc. OMC US6819191064 0.13
Celanese Corporation, Series "A" CE US1508701034 0.13
Boston Scientific Corporation BSX US1011371077 0.13
Weyerhaeuser Company WY US9621661043 0.13
WEC Energy Group Inc. WEC US92939U1060 0.13
Hologic Inc. HOLX US4364401012 0.13
NVR Inc. NVR US62944T1051 0.13
Dow Inc. DOW US2605571031 0.13
Ameren Corporation AEE US0236081024 0.13
Synopsys Inc. SNPS US8716071076 0.13
State Street Corporation STT US8574771031 0.13
Northern Trust Corporation NTRS US6658591044 0.13
IHS Markit Limited INFO BMG475671050 0.13
Cerner Corporation CERN US1567821046 0.13
McCormick & Company Incorporated MKC US5797802064 0.13
Crown Castle International Corporation CCI US22822V1017 0.13
Roper Technologies Inc. ROP US7766961061 0.13
Nucor Corporation NUE US6703461052 0.12
Xilinx Inc. XLNX US9839191015 0.12
KeyCorp KEY US4932671088 0.12
Copart Inc. CPRT US2172041061 0.12
Prudential Financial Inc. PRU US7443201022 0.12
W.W. Grainger Inc. GWW US3848021040 0.12
HCA Healthcare Inc. HCA US40412C1018 0.12
Arthur J Gallagher & Company AJG US3635761097 0.12
AES Corporation (The) AES US00130H1059 0.12
Eastman Chemical Company EMN US2774321002 0.12
Electronic Arts Inc. EA US2855121099 0.12
M&T Bank Corporation MTB US55261F1049 0.12
Fiserv Inc. FISV US3377381088 0.12
CDW Corporation CDW US12514G1085 0.12
Citizens Financial Group Inc. CFG US1746101054 0.12
Alexion Pharmaceuticals Inc. ALXN US0153511094 0.12
Baxter International Inc. BAX US0718131099 0.12
Old Dominion Freight Line Inc. ODFL US6795801009 0.12
American Water Works Company Inc. AWK US0304201033 0.12
Constellation Brands Inc. STZ US21036P1084 0.12
Vulcan Materials Company VMC US9291601097 0.12
American International Group Inc. AIG US0268747849 0.12
Teradyne Inc. TER US8807701029 0.12
Kimberly-Clark Corporation KMB US4943681035 0.11
Lennar Corporation LEN US5260571048 0.11
L3Harris Technologies Inc. LHX US5024311095 0.11
Ulta Beauty Inc. ULTA US90384S3031 0.11
Principal Financial Group Inc. PFG US74251V1026 0.11
LyondellBasell Industries NV, Class "A" LYB NL0009434992 0.11
Martin Marietta Materials Inc. MLM US5732841060 0.11
Equifax Inc. EFX US2944291051 0.11
General Dynamics Corporation GD US3695501086 0.11
Vertex Pharmaceuticals Incorporated VRTX US92532F1003 0.11
Yum Brands Inc. YUM US9884981013 0.11
Marriott International Inc., Class "A" MAR US5719032022 0.11
JB Hunt Transport Services Inc. JBHT US4456581077 0.11
Equinix Inc. EQIX US29444U7000 0.11
VF Corporation VFC US9182041080 0.11
Qorvo Inc. QRVO US74736K1016 0.11
Expedia Group Inc. EXPE US30212P3038 0.10
Square Inc., Class "A" SQ US8522341036 0.10
TransDigm Group Incorporated TDG US8936411003 0.10
NetApp Inc. NTAP US64110D1046 0.10
Genuine Parts Company GPC US3724601055 0.10
Dominion Energy Inc. D US25746U1097 0.10
Williams Companies Inc. (The) WMB US9694571004 0.10
Darden Restaurants Inc. DRI US2371941053 0.10
CoStar Group Inc. CSGP US22160N1090 0.10
Roku Inc. ROKU US77543R1023 0.10
AmerisourceBergen Corporation ABC US03073E1055 0.10
Citrix Systems Inc. CTXS US1773761002 0.10
Waters Corporation WAT US9418481035 0.10
Monster Beverage Corporation MNST US61174X1090 0.10
Hess Corporation HES US42809H1077 0.10
MGM Resorts International MGM US5529531015 0.10
DaVita Inc. DVA US23918K1088 0.10
Varian Medical Systems Inc. VAR US92220P1057 0.10
IAC Interactive Corporation US44891N1090 0.10
Discovery Inc., Class "A" DISCA US25470F1049 0.10
Digital Realty Trust Inc. DLR US2538681030 0.10
Hershey Company (The) HSY US4278661081 0.10
Expeditors International of Washington Inc. EXPD US3021301094 0.10
Cooper Companies Inc. (The) COO US2166484020 0.10
VeriSign Inc. VRSN US92343E1029 0.10
AvalonBay Communities Inc. AVB US0534841012 0.10
Fortive Corporation FTV US34959J1088 0.10
Huntington Bancshares Inc. HBAN US4461501045 0.10
Phillips 66 PSX US7185461040 0.10
Universal Health Services Inc. UHS US9139031002 0.10
ConAgra Brands Inc. CAG US2058871029 0.10
Carrier Global Corporation CARR US14448C1045 0.10
Akamai Technologies Inc. AKAM US00971T1016 0.10
Burlington Stores Inc. BURL US1220171060 0.10
Whirlpool Corporation WHR US9633201069 0.10
Church & Dwight Company Inc. CHD US1713401024 0.10
ONEOK Inc. OKE US6826801036 0.09
Tyson Foods Inc., Class "A" TSN US9024941034 0.09
Veeva Systems Inc., Class "A" VEEV US9224751084 0.09
Hewlett Packard Enterprise Company HPE US42824C1099 0.09
FirstEnergy Corporation FE US3379321074 0.09
Trimble Inc. TRMB US8962391004 0.09
Cardinal Health Inc. CAH US14149Y1082 0.09
Gartner Inc. IT US3666511072 0.09
CMS Energy Corporation CMS US1258961002 0.09
Cintas Corporation CTAS US1729081059 0.09
Cincinnati Financial Corporation CINF US1720621010 0.09
Broadridge Financial Solutions Inc., ADR BR US11133T1034 0.09
Palo Alto Networks Inc. PANW US6974351057 0.09
Nasdaq Inc. NDAQ US6311031081 0.09
Packaging Corporation of America PKG US6951561090 0.09
Xylem Inc. XYL US98419M1009 0.09
Fortinet Inc. FTNT US34959E1091 0.09
Raymond James Financial Inc. RJF US7547301090 0.09
Uber Technologies Inc. UBER US90353T1007 0.09
Kellogg Company K US4878361082 0.09
Albemarle Corporation ALB US0126531013 0.09
Garmin Limited GRMN CH0114405324 0.09
MarketAxess Holdings Inc. MKTX US57060D1081 0.09
ON Semiconductor Corporation ON US6821891057 0.09
Walgreens Boots Alliance Inc. WBA US9314271084 0.09
Snap Inc. SNAP US83304A1060 0.09
Interpublic Group of Companies Inc. (The) IPG US4606901001 0.09
Take-Two Interactive Software Inc. TTWO US8740541094 0.09
Welltower Inc. WELL US95040Q1040 0.09
Teleflex Incorporated TFX US8793691069 0.09
Regeneron Pharmaceuticals Inc. REGN US75886F1075 0.09
Otis Worldwide Corporation OTIS US68902V1070 0.08
Lincoln National Corporation LNC US5341871094 0.08
West Pharmaceutical Services Inc. WST US9553061055 0.08
Las Vegas Sands Corporation LVS US5178341070 0.08
Loews Corporation L US5404241086 0.08
Kinder Morgan Inc. KMI US49456B1017 0.08
CH Robinson Worldwide Inc. CHRW US12541W2098 0.08
Evergy Inc. EVRG US30034W1062 0.08
Equity Residential EQR US29476L1070 0.08
IDEX Corporation IEX US45167R1041 0.08
TransUnion TRU US89400J1079 0.08
Textron Inc. TXT US8832031012 0.08
Avery Dennison Corporation AVY US0536111091 0.08
Pioneer Natural Resources Company PXD US7237871071 0.08
Lear Corporation LEA US5218652049 0.08
Zillow Group Inc., Class "C" Z US98954M2008 0.08
Amdocs Limited DOX GB0022569080 0.08
Jacobs Engineering Group Inc. J US4698141078 0.08
EOG Resources Inc. EOG US26875P1012 0.08
Catalent Inc. CTLT US1488061029 0.08
Crown Holdings Inc. CCK US2283681060 0.08
Sempra Energy SRE US8168511090 0.08
Workday Inc. WDAY US98138H1014 0.08
DuPont de Nemours Inc. DD US26614N1028 0.08
Hasbro Inc. HAS US4180561072 0.08
Flex Limited FLEX SG9999000020 0.08
Steris PLC STE IE00BFY8C754 0.08
Allegion PLC ALLE IE00BFRT3W74 0.08
SBA Communications Corporation SBAC US78410G1040 0.08
FMC Corporation FMC US3024913036 0.08
Masco Corporation MAS US5745991068 0.08
Royal Caribbean Cruises Limited RCL LR0008862868 0.08
EPAM Systems Inc. EPAM US29414B1044 0.08
SS&C Technologies Holdings Inc. SSNC US78467J1007 0.08
CF Industries Holdings Inc. CF US1252691001 0.08
Molina Healthcare Inc. MOH US60855R1005 0.08
PerkinElmer Inc. PKI US7140461093 0.07
Snap-on Inc. SNA US8330341012 0.07
Ventas Inc. VTR US92276F1003 0.07
WestRock Company WRK US96145D1054 0.07
PulteGroup Inc. PHM US7458671010 0.07
Markel Corporation MKL US5705351048 0.07
Realty Income Corporation O US7561091049 0.07
Leidos Holdings Inc. LDOS US5253271028 0.07
Public Storage PSA US74460D1090 0.07
F5 Networks Inc. FFIV US3156161024 0.07
Alexandria Real Estate Equities Inc. ARE US0152711091 0.07
Nortonlifelock Inc NLOK US6687711084 0.07
JM Smucker Company (The) SJM US8326964058 0.07
Bunge Limited BG BMG169621056 0.07
Paycom Software Inc. PAYC US70432V1026 0.07
Fortune Brands Home & Security Inc. FBHS US34964C1062 0.07
Ingersoll-Rand Inc IR US45687V1061 0.07
Occidental Petroleum Corporation OXY US6745991058 0.07
Henry Schein Inc. HSIC US8064071025 0.07
Howmet Aerospace HWM US4432011082 0.07
Comerica Incorporated CMA US2003401070 0.07
Essex Property Trust Inc. ESS US2971781057 0.07
Trade Desk Inc. (The) TTD US88339J1051 0.07
Mohawk Industries Inc. MHK US6081901042 0.07
Hormel Foods Corporation HRL US4404521001 0.07
Southwest Airlines Company LUV US8447411088 0.07
XPO Logistics Inc. XPO US9837931008 0.07
Moderna Inc. MRNA US60770K1079 0.07
W. R. Berkley Corporation WRB US0844231029 0.07
Lamb Weston Holdings Inc. LW US5132721045 0.07
Amcor PLC AMCR JE00BJ1F3079 0.07
Vail Resorts Inc. MTN US91879Q1094 0.07
DexCom Inc. DXCM US2521311074 0.07
Arrow Electronics Inc. ARW US0427351004 0.07
Alliant Energy Corporation LNT US0188021085 0.07
Wynn Resorts Limited WYNN US9831341071 0.07
Blackstone Group Inc/The BX US09260D1072 0.07
Advance Auto Parts Inc. AAP US00751Y1064 0.07
CenterPoint Energy Inc. CNP US15189T1079 0.07
Tyler Technologies Inc. TYL US9022521051 0.07
Globe Life Inc. GL US37959E1029 0.06
Arch Capital Group Limited ACGL BMG0450A1053 0.06
Brown-Forman Corporation, Class "B" BF/B US1156372096 0.06
Jack Henry & Associates Inc. JKHY US4262811015 0.06
Charles River Laboratories International Inc. CRL US1598641074 0.06
Simon Property Group Inc. SPG US8288061091 0.06
FactSet Research Systems Inc. FDS US3030751057 0.06
Splunk Inc. SPLK US8486371045 0.06
Arista Networks Inc. ANET US0404131064 0.06
Reliance Steel & Aluminum Company RS US7595091023 0.06
RPM International Inc. RPM US7496851038 0.06
Boston Properties Inc. BXP US1011211018 0.06
Discovery Inc., Class "C" DISCK US25470F3029 0.06
Aramark ARMK US03852U1060 0.06
Fox Corporation, Class "A" FOXA US35137L1052 0.06
KKR & Company Inc. KKR US48251W1045 0.06
Everest Re Group Limited RE BMG3223R1088 0.06
LKQ Corporation LKQ US5018892084 0.06
Schlumberger Limited SLB AN8068571086 0.06
Delta Air Lines Inc. DAL US2473617023 0.06
Halliburton Company HAL US4062161017 0.06
Zions Bancorporation NA ZION US9897011071 0.06
Cheniere Energy Inc. LNG US16411R2085 0.06
Pinnacle West Capital Corporation PNW US7234841010 0.06
Western Union Company (The) WU US9598021098 0.06
BorgWarner Inc. BWA US0997241064 0.06
Viatris Inc VTRS US92556V1061 0.06
Steel Dynamics Inc. STLD US8581191009 0.06
Extra Space Storage Inc. EXR US30225T1025 0.06
Campbell Soup Company CPB US1344291091 0.06
Pool Corporation POOL US73278L1052 0.06
Etsy Inc. ETSY US29786A1060 0.06
Okta Inc. OKTA US6792951054 0.06
Teledyne Technologies Incorporated TDY US8793601050 0.06
Domino's Pizza Inc. DPZ US25754A2015 0.06
Live Nation Entertainment Inc. LYV US5380341090 0.06
Bio-Rad Laboratories Inc. BIO US0905722072 0.06
Mid-America Apartment Communities Inc. MAA US59522J1034 0.06
Signature Bank SBNY US82669G1040 0.06
RingCentral Inc. RNG US76680R2067 0.06
Robert Half International Inc. RHI US7703231032 0.06
Fidelity National Financial Inc. FNF US31620R3030 0.06
East West Bancorp Inc. EWBC US27579R1041 0.06
Brown & Brown Inc. BRO US1152361010 0.06
Owens Corning OC US6907421019 0.06
NiSource Inc. NI US65473P1057 0.06
Carlisle Companies Incorporated CSL US1423391002 0.06
Sensata Technologies Holding PLC ST GB00BFMBMT84 0.06
Mosaic Company (The) MOS US61945C1036 0.06
Healthpeak Properties Inc HCP US42250P1030 0.06
Hubbell Inc. HUBB US4435106079 0.06
Voya Financial Inc. VOYA US9290891004 0.06
Duke Realty Corporation DRE US2644115055 0.06
Service Corporation International SCI US8175651046 0.06
Westinghouse Air Brake Technologie WAB US9297401088 0.05
HubSpot Inc. HUBS US4435731009 0.05
Juniper Networks Inc. JNPR US48203R1041 0.05
Diamondback Energy Inc. FANG US25278X1090 0.05
Elanco Animal Health Inc. ELAN US28414H1032 0.05
Atlassian Corporation PLC, Class "A" TEAM GB00BZ09BD16 0.05
Pentair PLC PNR IE00BLS09M33 0.05
Lennox International Inc. LII US5261071071 0.05
Fair Isaac Corporation FICO US3032501047 0.05
Reinsurance Group of America Incorporated RGA US7593516047 0.05
BioMarin Pharmaceutical Inc. BMRN US09061G1013 0.05
Booz Allen Hamilton Holding Corporation BAH US0995021062 0.05
LPL Financial Holdings Inc. LPLA US50212V1008 0.05
Jones Lang LaSalle Incorporated JLL US48020Q1076 0.05
SEI Investments Company SEIC US7841171033 0.05
Jazz Pharmaceuticals PLC JAZZ IE00B4Q5ZN47 0.05
Graco Inc. GGG US3841091040 0.05
Atmos Energy Corporation ATO US0495601058 0.05
Autoliv Inc. ALV US0528001094 0.05
Newell Brands Inc. NWL US6512291062 0.05
DocuSign Inc. DOCU US2561631068 0.05
Pinterest Inc PINS US72352L1061 0.05
HEICO Corporation HEI US4228061093 0.05
Entegris Inc. ENTG US29362U1043 0.05
Cboe Global Markets Inc. CBOE US12503M1080 0.05
Alleghany Corporation Y US0171751003 0.05
PTC Inc. PTC US69370C1009 0.05
Gentex Corporation GNTX US3719011096 0.05
Toro Company (The) TTC US8910921084 0.05
American Financial Group Inc. AFG US0259321042 0.05
Monolithic Power Systems Inc. MPWR US6098391054 0.05
United Continental Holdings Inc. UAL US9100471096 0.05
SeaGen Inc SGEN US81181C1045 0.05
Cognex Corporation CGNX US1924221039 0.05
Nordson Corp NDSN US6556631025 0.05
News Corporation, Class "A" NWSA US65249B1098 0.05
Molson Coors Beverage Company TAP US60871R2094 0.05
Sun Communities Inc. SUI US8666741041 0.05
Incyte Corporation INCY US45337C1027 0.05
Huntington Ingalls Industries Inc. HII US4464131063 0.05
UDR Inc. UDR US9026531049 0.05
Franklin Resources Inc. BEN US3546131018 0.05
Host Hotels & Resorts Inc. HST US44107P1049 0.05
Aspen Technology Inc. AZPN US0453271035 0.05
Invitation Homes Inc. INVH US46187W1071 0.05
Equitable Holdings Inc. EQH US29452E1010 0.05
Horizon Therapeutics Plc HZNP IE00BQPVQZ61 0.05
Altice USA Inc. ATUS US02156K1034 0.05
Liberty Media Corporation-Liberty Formula One FWONK US5312298541 0.05
Bio-Techne Corporation TECH US09073M1045 0.05
Kraft Heinz Company (The) KHC US5007541064 0.04
Berry Global Group Inc. BERY US08579W1036 0.04
VICI Properties Inc VICI US9256521090 0.04
ABIOMED Inc. ABMD US0036541003 0.04
Polaris Inc. PII US7310681025 0.04
Black Knight Inc. BKI US09215C1053 0.04
NRG Energy Inc. NRG US6293775085 0.04
UGI Corporation UGI US9026811052 0.04
DISH Network Corporation DISH US25470M1099 0.04
Alnylam Pharmaceuticals Inc. ALNY US02043Q1076 0.04
PRA Health Sciences Inc. PRAH US69354M1080 0.04
Gap Inc. (The) GPS US3647601083 0.04
Ingredion Incorporated INGR US4571871023 0.04
AptarGroup Inc. ATR US0383361039 0.04
Generac Holdings Inc. GNRC US3687361044 0.04
Donaldson Company Inc. DCI US2576511099 0.04
US Foods Holding Corporation USFD US9120081099 0.04
United States Dollar 0.04
Zoom Video Communications Inc. ZM US98980L1017 0.04
Wayfair Inc. W US94419L1017 0.04
AO Smith Corporation AOS US8318652091 0.04
Post Holdings Inc. POST US7374461041 0.04
Coupa Software Inc. COUP US22266L1061 0.04
Crowdstrike Holdings Inc. CRWD US22788C1053 0.04
Commerce Bancshares Inc. CBSH US2005251036 0.04
GoDaddy Inc. GDDY US3802371076 0.04
Dell Technologies Inc., Class "C" DELL US24703L2025 0.04
Canadian Dollar 0.04
Insulet Corporation PODD US45784P1012 0.04
Zendesk Inc. ZEN US98936J1016 0.04
Encompass Health Corporation EHC US29261A1007 0.04
OGE Energy Corporation OGE US6708371033 0.04
Peloton Interactive Inc PTON US70614W1009 0.04
Lincoln Electric Holdings Inc. LECO US5339001068 0.04
Guidewire Software Inc. GWRE US40171V1008 0.04
Masimo Corporation MASI US5747951003 0.04
Exact Sciences Corporation EXAS US30063P1057 0.04
Carnival Corporation CCL PA1436583006 0.04
Equity LifeStyle Properties Inc. ELS US29472R1086 0.04
Spotify Technology SA SPOT LU1778762911 0.04
Iron Mountain Incorporated IRM US46284V1017 0.04
Camden Property Trust CPT US1331311027 0.04
WP Carey Inc. WPC US92936U1097 0.04
Rollins Inc. ROL US7757111049 0.04
Quanta Services Inc. PWR US74762E1029 0.04
APA Corp APA US03743Q1085 0.04
Enphase Energy Inc ENPH US29355A1079 0.04
WEX Inc. WEX US96208T1043 0.04
Hill-Rom Holdings Inc. HRC US4314751029 0.04
Cabot Oil & Gas Corporation COG US1270971039 0.04
IPG Photonics Corporation IPGP US44980X1090 0.04
Watsco Inc. WSO US9426222009 0.04
Keurig Dr Pepper Inc. KDP US49271V1008 0.04
Axalta Coating Systems Limited AXTA BMG0750C1082 0.04
DXC Technology Company DXC US23355L1061 0.03
Athene Holding Limited, Class "A" ATH BMG0684D1074 0.03
Gaming and Leisure Properties Inc. GLPI US36467J1088 0.03
Cable One Inc. CABO US12685J1051 0.03
IAA Inc. IAA US4492531037 0.03
Genpact Ltd. G BMG3922B1072 0.03
Bright Horizons Family Solutions Inc. BFAM US1091941005 0.03
CDK Global Inc. CDK US12508E1010 0.03
Avantor Inc. AVTR US05352A1007 0.03
Terminix Global Holdings Inc. TMX US88087E1001 0.03
Essential Utilities Inc. WTRG US29670G1022 0.03
Slack Technologies Inc., Class "A" WORK US83088V1026 0.03
Regency Centers Corporation REG US7588491032 0.03
First American Financial Corporation FAF US31847R1023 0.03
Nielsen Holdings PLC NLSN GB00BWFY5505 0.03
Sirius XM Holdings Inc. SIRI US82968B1035 0.03
Vornado Realty Trust VNO US9290421091 0.03
SolarEdge Technologies Inc SEDG US83417M1045 0.03
AMERCO UHAL US0235861004 0.03
Nuance Communications Inc. NUAN US67020Y1001 0.03
Liberty SiriusXM Group, Class "A" LSXMA US5312294094 0.03
Vistra Corporation VST US92840M1027 0.03
AECOM ACM US00766T1007 0.03
Ceridian HCM Holding Inc. CDAY US15677J1088 0.03
Exelixis Inc. EXEL US30161Q1040 0.03
Casey's General Stores Inc. CASY US1475281036 0.03
Dolby Laboratories Inc. DLB US25659T1079 0.03
Federal Realty Investment Trust FRT US3137472060 0.03
Assurant Inc. AIZ US04621X1081 0.03
Omega Healthcare Investors Inc. OHI US6819361006 0.03
Medical Properties Trust Inc. MPW US58463J3041 0.03
Lamar Advertising Company LAMR US5128161099 0.03
MongoDB Inc. MDB US60937P1066 0.03
Ciena Corporation CIEN US1717793095 0.03
Erie Indemnity Company ERIE US29530P1021 0.03
VMware Inc. VMW US9285634021 0.03
American Homes 4 Rent AMH US02665T3068 0.03
RealPage Inc. RP US75606N1090 0.03
Vereit Inc. VER US92339V3087 0.03
Perrigo Company PLC PRGO IE00BGH1M568 0.03
L Brands Inc. LB US5017971046 0.03
Penn National Gaming Inc PENN US7075691094 0.03
Herbalife Ltd. HLF KYG4412G1010 0.03
Five Below Inc. FIVE US33829M1018 0.03
Scotts Miracle-Gro Company (The), Class "A" SMG US8101861065 0.03
Euronet Worldwide Inc. EEFT US2987361092 0.03
Carvana Company CVNA US1468691027 0.03
Universal Display Corporation OLED US91347P1057 0.03
Caesars Entertainment Inc CZR US12769G1004 0.03
Southern Copper Corporation SCCO US84265V1052 0.03
Kilroy Realty Corporation KRC US49427F1084 0.03
National Retail Properties Inc. NNN US6374171063 0.03
Avalara Inc. AVLR US05338G1067 0.03
Neurocrine Biosciences Inc. NBIX US64125C1099 0.03
Trex Company Inc. TREX US89531P1057 0.02
Teladoc Inc. TDOC US87918A1051 0.02
Chemed Corporation CHE US16359R1032 0.02
MKS Instruments Inc. MKSI US55306N1046 0.02
RenaissanceRe Holdings Limited RNR BMG7496G1033 0.02
Royal Gold Inc. RGLD US7802871084 0.02
Williams-Sonoma Inc. WSM US9699041011 0.02
Fox Corporation, Class "B" FOX US35137L2043 0.02
Bruker Corporation BRKR US1167941087 0.02
Zscaler Inc. ZS US98980G1022 0.02
Novocure Limited NVCR JE00BYSS4X48 0.02
Baker Hughes Company BKR US05722G1004 0.02
CACI International Inc. CACI US1271903049 0.02
Santander Consumer USA Holdings Inc. SC US80283M1018 0.02
Cree Inc. CREE US2254471012 0.02
Zynga Inc. ZNGA US98986T1088 0.02
CyrusOne Inc. CONE US23283R1005 0.02
Liberty SiriusXM Group, Class "C" LSXMK US5312296073 0.02
Morningstar Inc. MORN US6177001095 0.02
Smartsheet Inc SMAR US83200N1037 0.02
Deckers Outdoor Corporation DECK US2435371073 0.02
Knight-Swift Transportation Holdings Inc. KNX US4990491049 0.02
Apartment Income REIT Corp AIRC US03750L1098 0.02
CubeSmart CUBE US2296631094 0.02
First Solar Inc. FSLR US3364331070 0.02
Amedisys Inc. AMED US0234361089 0.02
Brown-Forman Corporation BF/A US1156371007 0.02
Woodward Inc. WWD US9807451037 0.02
STORE Capital Corporation STOR US8621211007 0.02
Guardant Health Inc. GH US40131M1099 0.02
Healthcare Trust of America Inc. HTA US42225P5017 0.02
Floor & Decor Holdings Inc. FND US3397501012 0.02
Chegg Inc. CHGG US1630921096 0.02
Credit Acceptance Corporation CACC US2253101016 0.02
Vontier Corp VNT US9288811014 0.02
Westlake Chemical Corporation WLK US9604131022 0.02
Lumentum Holdings Inc. LITE US55024U1097 0.02
Lithia Motors Inc. LAD US5367971034 0.02
Americold Realty Trust COLD US03064D1081 0.02
Dropbox Inc. DBX US26210C1045 0.02
Sonoco Products Company SON US8354951027 0.02
American Airlines Group Inc. AAL US02376R1023 0.02
Datadog Inc DDOG US23804L1035 0.02
Hyatt Hotels Corporation H US4485791028 0.02
Ionis Pharmaceuticals Inc. IONS US4622221004 0.02
CloudFlare Inc. NET US18915M1071 0.02
Concentrix Corp CNXC US20602D1019 0.02
Proofpoint Inc. PFPT US7434241037 0.02
Zillow Group Inc. ZG US98954M1018 0.02
Paylocity Holding Corporation PCTY US70438V1061 0.02
Elastic NV ESTC NL0013056914 0.01
News Corporation, Class "B" NWS US65249B2088 0.01
Anaplan Inc. PLAN US03272L1089 0.01
Restoration Hardware Holdings Inc. RH US74967X1037 0.01
Sarepta Therapeutics Inc. SRPT US8036071004 0.01
Penumbra Inc. PEN US70975L1070 0.01
Churchill Downs Inc. CHDN US1714841087 0.01
MGM Growth Properties LLC, Class "A" MGP US55303A1051 0.01
New York Times Company (The) NYT US6501111073 0.01
Continental Resources Inc. CLR US2120151012 0.01
Ubiquiti Networks Inc. UBNT US90353W1036 0.01
Avangrid Inc. AGR US05351W1036 0.01
Pegasystems Inc. PEGA US7055731035 0.01
Manhattan Associates Inc. MANH US5627501092 0.01
Ares Management Corp. ARES US03990B1017 0.01
SYNNEX Corporation SNX US87162W1009 0.01
Stericycle Inc. SRCL US8589121081 0.01
Boston Beer Company Inc. (The) SAM US1005571070 0.01
Repligen Corporation RGEN US7599161095 0.01
Five9 Inc. FIVN US3383071012 0.01
Inphi Corporation IPHI US45772F1075 0.01
Columbia Sportswear Company COLM US1985161066 0.01
Liberty Broadband Corporation LBRDA US5303071071 0.01
Apollo Global Management Inc APO US03768E1055 0.01
Dynatrace Inc. DT US2681501092 0.01
10X Genomics Inc. TXG US88025U1097 0.01
GrubHub Inc. GRUB US4001101025 0.01
Tradeweb Markets Inc. TW US8926721064 0.01
Alteryx Inc AYX US02156B1035 0.01
Novavax Inc. 0A3S US6700024010 0.01
Beyond Meat Inc BYND US08862E1091 0.01
BJ's Wholesale Club Holdings Inc BJ US05550J1016 0.01
Chewy Inc. CHWY US16679L1098 0.01
Sealed Air Corporation SEE US81211K1007 0.01
Globus Medical Inc. GMED US3795772082 0.01
CoreSite Realty Corporation COR US21870Q1058 0.01
ACADIA Pharmaceuticals Inc. ACAD US0042251084 0.01
Quidel Corporation QDEL US74838J1016 0.01
Ollies Bargain Outlet Holdings OLLI US6811161099 0.01
Prosperity Bancshares Inc. PB US7436061052 0.01
LHC Group Inc. LHCG US50187A1079 0.01
Bill.Com Holdings Inc BILL US0900431000 0.01
CNA Financial Corporation CNA US1261171003 0.01
Mirati Therapeutics Inc. MRTX US60468T1051 0.01
Emergent BioSolutions Inc. EBS US29089Q1058 0.01
Rexford Industrial Realty Inc. REXR US76169C1009 0.01
Fastly Inc FSLY US31188V1008 0.01
CRISPR Therapeutics AG CRSP CH0334081137 0.01
BWX Technologies Inc. BWXT US05605H1005 0.01
Acceleron Pharma Inc. XLRN US00434H1086 0.01
Brookfield Renewable Corp BEPC CA11284V1058 0.01
Royalty Pharma PLC RPRX GB00BMVP7Y09 0.01
Globant SA GLOB LU0974299876 0.01
Sunrun Inc RUN US86771W1053 0.01
Tandem Diabetes Care Inc. TNDM US8753722037 0.01
Nutanix Inc. NTNX US67059N1081 0.00
Reynolds Consumer Products Inc REYN US76171L1061 0.00
iRhythm Technologies Inc. IRTC US4500561067 0.00
PPD Inc. PPD US69355F1021 0.00
Adaptive Biotechnologies Corporation ADPT US00650F1093 0.00
Warner Music Group Corp WMG US9345502036 0.00
Lyft Inc LYFT US55087P1049 0.00
Dun & Bradstreet Holdings Inc DNB US26484T1060 0.00
Liberty Media Group FWONA US5312298707 0.00
Apartment Investment & Management Company AIV US03748R7474 0.00
SolarWinds Corp SWI US83417Q1058 0.00
ADT Inc. ADT US00090Q1031 0.00
Appfolio Inc APPF US03783C1009 0.00
ANGI Homeservices Inc. ANGI US00183L1026 0.00
Rocket Cos Inc RKT US77311W1018 0.00


Picture of Dimensional Fund Advisors.
Dimensional Fund Advisors

Founded in 1981, a pioneer in applying insight from academic research to a systematic investment process that pursues higher expected returns through advanced portfolio design and implementation.

Picture of Lukas J. Smart, CFA.
Lukas J. Smart, CFA Dimensional Fund Advisors LP*
Investing since 2003
Picture of Joel P. Schneider.
Joel P. Schneider Dimensional Fund Advisors LP*
Investing since 2011
Picture of Joseph F. Hohn.
Joseph F. Hohn Dimensional Fund Advisors LP*

Index Approach

Market exposure

Define the target range of securities for the specific index.

Market exposure

Target Range 750. Will hold up to 800 to minimize unwarranted trading costs

Portfolio structure

Weight the index to emphasize smaller companies, lower valuations, and higher profitability. 3 ±

Portfolio structure

The portfolio will target smaller companies, lower valuations, and higher profitability


Incorporate measured flexibility during reconstitution to maintain focus while balancing the trade-offs among competing premiums.

This approach is designed to:

  • Maintain focus on the asset class and factors
  • Control for unnecessary turnover
  • Minimize unnecessary trading costs
John Hancock Dimensional Large Cap Index is a rules-based index of large-cap U.S. stocks that have been selected based on sources of expected returns. Securities eligible for inclusion in the index are classified according to their market capitalization, relative price, and profitability, and are weighted accordingly in favor of smaller, less expensive, more profitable companies. The index is reconstituted and rebalanced on a semiannual basis. Index performance assumes reinvestment of dividends and, unless otherwise indicated, does not reflect the management fees, operating expenses, transaction costs, and other expenses that apply to an ETF. It is not possible to invest directly in an index. Past performance does not guarantee future results.