JHML

JHML targets the U.S. large-cap universe (roughly the top 800 companies) but doesn’t weight them purely by size.

Instead, it uses a rules-based “multifactor” process—tilting within each sector toward smaller companies, cheaper valuations (lower relative price), and higher profitability, while dialing back exposure to weaker momentum names.

The index is rebuilt and rebalanced twice a year, with any single issuer capped at 4%.