AFSM vs. BSV ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Vanguard Short-Term Bond ETF (BSV)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

BSV

Vanguard Short-Term Bond ETF

BSV Description

The investment seeks to track the performance of a market-weighted bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 1 and 5 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$77.32

Average Daily Volume

2,089,462

Number of Holdings ^*

441

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	BSV
30 Days	7.72%	-0.28%
60 Days	6.49%	-1.26%
90 Days	6.95%	-0.34%
12 Months	33.58%	5.43%

12 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in BSV	Overlap
BKH	A	0.28%	0.01%	0.01%
BKU	A	0.27%	0.01%	0.01%
COKE	C	0.54%	0.01%	0.01%
DXC	B	0.29%	0.01%	0.01%
HRB	D	0.43%	0.01%	0.01%
KRC	C	0.2%	0.01%	0.01%
KSS	F	0.06%	0.01%	0.01%
MAIN	A	0.0%	0.01%	0.0%
OGS	A	0.05%	0.01%	0.01%
PDM	D	0.32%	0.01%	0.01%
SBRA	C	0.29%	0.01%	0.01%
SLG	B	0.65%	0.01%	0.01%

AFSM Overweight 283 Positions Relative to BSV

Symbol	Grade	Weight
MLI	C	1.38%
SKYW	B	1.22%
IDCC	A	1.19%
NHC	C	1.15%
SFM	A	1.03%
CRS	A	0.93%
ALKS	B	0.91%
CPRX	C	0.88%
PFBC	B	0.88%
STRL	B	0.86%
DAKT	B	0.85%
ANF	C	0.84%
FIX	A	0.84%
EME	C	0.82%
CALM	A	0.78%
CVLT	B	0.77%
MTG	C	0.76%
MHO	D	0.76%
JXN	C	0.72%
BCC	B	0.72%
RDN	C	0.72%
UVE	B	0.72%
TMHC	B	0.7%
AROC	B	0.69%
TBBK	B	0.69%
CEIX	A	0.68%
MCY	A	0.67%
REZI	A	0.66%
SANM	B	0.65%
GMED	A	0.65%
COOP	B	0.64%
HWKN	B	0.64%
HSII	B	0.63%
FDP	B	0.63%
BMI	B	0.63%
CRVL	A	0.63%
SLVM	B	0.62%
GMS	B	0.6%
PRK	B	0.59%
NTB	B	0.59%
SUPN	C	0.58%
NMIH	D	0.58%
NHI	D	0.57%
GEO	B	0.57%
BRBR	A	0.57%
CORT	B	0.57%
EGBN	B	0.56%
TGNA	B	0.56%
POWL	C	0.55%
BTU	B	0.55%
HALO	F	0.55%
WT	B	0.55%
BXC	B	0.55%
UFPT	B	0.55%
ZETA	D	0.54%
MUSA	A	0.54%
STBA	B	0.54%
CVNA	B	0.54%
OFG	B	0.54%
CHCO	B	0.54%
APPF	B	0.51%
ACT	D	0.51%
PRDO	B	0.51%
PLUS	F	0.51%
KBH	D	0.51%
BELFB	C	0.51%
DOLE	D	0.5%
DDS	B	0.5%
AMWD	C	0.5%
PI	D	0.49%
PINC	B	0.47%
LNTH	D	0.47%
CSWI	A	0.47%
TEX	D	0.46%
DFIN	D	0.45%
USLM	A	0.44%
AMR	C	0.42%
QTWO	A	0.42%
HIMS	B	0.42%
PLAB	C	0.42%
ADUS	D	0.4%
WFRD	D	0.4%
RMR	F	0.4%
SIG	B	0.39%
IESC	B	0.39%
TILE	B	0.39%
LGND	B	0.39%
BDC	B	0.39%
PRGS	A	0.39%
EVER	F	0.39%
INMD	C	0.38%
VRNT	C	0.38%
LRN	A	0.38%
RDNT	B	0.37%
WNC	C	0.37%
YOU	D	0.37%
IIPR	D	0.37%
LOPE	B	0.36%
CASH	A	0.36%
BLBD	D	0.36%
CAL	D	0.36%
M	D	0.36%
APOG	B	0.36%
HIW	D	0.35%
HRMY	D	0.35%
ANIP	F	0.35%
CNXN	C	0.35%
ESNT	D	0.35%
BPMC	C	0.35%
CRAI	B	0.35%
MATX	C	0.35%
TRMK	B	0.34%
MTH	D	0.34%
PBF	D	0.34%
MD	B	0.34%
MOG.A	B	0.34%
CMC	B	0.33%
FBP	B	0.33%
PFS	B	0.32%
LPG	F	0.32%
ATGE	B	0.32%
CNK	B	0.32%
YMAB	F	0.31%
ATKR	C	0.31%
RXST	F	0.31%
SCS	C	0.31%
CUZ	B	0.31%
IBOC	A	0.31%
ODP	F	0.3%
TCMD	A	0.3%
DNOW	B	0.3%
VIRT	B	0.3%
AKR	B	0.3%
GRBK	D	0.3%
BKE	B	0.3%
THFF	B	0.29%
PHIN	A	0.29%
SPNS	F	0.29%
HUBG	A	0.29%
ADMA	B	0.28%
BHE	B	0.28%
BNL	D	0.28%
HCC	B	0.28%
CRDO	B	0.28%
TWI	F	0.28%
SXC	A	0.28%
HURN	B	0.28%
AZZ	B	0.28%
ITCI	C	0.27%
CCRN	F	0.26%
HCI	C	0.26%
ASO	F	0.26%
INTA	A	0.26%
VRNS	D	0.26%
PRG	C	0.26%
GIII	D	0.25%
AGX	B	0.25%
MEDP	D	0.25%
GNK	D	0.25%
ABG	B	0.25%
PIPR	B	0.25%
PRM	C	0.25%
HDSN	F	0.24%
PSN	D	0.24%
AVNS	F	0.24%
LMAT	A	0.24%
MED	F	0.23%
NTCT	C	0.23%
HLX	B	0.23%
SMP	B	0.22%
IMKTA	C	0.22%
HAE	C	0.22%
VNDA	C	0.22%
NUS	D	0.22%
KN	B	0.22%
SBH	C	0.22%
NX	C	0.21%
VCTR	B	0.21%
INSW	F	0.21%
WABC	B	0.21%
BLFS	C	0.2%
ENS	D	0.2%
PK	B	0.2%
DHT	F	0.2%
AMKR	D	0.2%
EXTR	B	0.2%
CMPR	D	0.2%
ASC	F	0.2%
NAVI	C	0.19%
UCTT	D	0.19%
SGBX	F	0.19%
GOGL	F	0.19%
AXSM	B	0.19%
TMDX	F	0.19%
NSSC	D	0.19%
TARS	B	0.19%
TPC	C	0.18%
TNC	D	0.18%
TGTX	B	0.18%
ONTO	D	0.18%
SIGA	F	0.18%
HOV	D	0.17%
SD	D	0.17%
HY	D	0.17%
ASGN	F	0.17%
NVST	B	0.17%
XRX	F	0.16%
STNG	F	0.16%
ADNT	F	0.16%
METC	C	0.15%
GES	F	0.15%
SCSC	B	0.15%
VSH	D	0.15%
BRC	D	0.15%
SCVL	F	0.14%
AIT	A	0.14%
CSGS	B	0.14%
HROW	D	0.14%
OSCR	D	0.14%
CWCO	C	0.14%
AYI	B	0.14%
NECB	B	0.14%
CECO	A	0.14%
ALRM	C	0.14%
KELYA	F	0.14%
EIG	B	0.13%
MOV	C	0.13%
ALKT	B	0.13%
PCRX	C	0.13%
GFF	A	0.12%
TWST	D	0.12%
CLW	F	0.12%
MRVI	F	0.12%
YEXT	A	0.11%
INVA	D	0.11%
AMCX	C	0.11%
CHRD	D	0.11%
MAX	F	0.1%
ASTH	D	0.1%
RAMP	C	0.1%
CGEM	F	0.09%
SPSC	C	0.09%
MLKN	D	0.08%
CTRE	D	0.08%
PEBK	B	0.08%
KRYS	B	0.08%
KTB	B	0.08%
ATLO	D	0.07%
TPH	D	0.07%
WGO	C	0.07%
APAM	B	0.06%
FTDR	A	0.06%
GRND	A	0.06%
JWN	C	0.06%
ANDE	D	0.05%
OTTR	C	0.05%
AMPH	D	0.05%
NSIT	F	0.05%
REVG	B	0.05%
SWX	B	0.05%
ATEN	B	0.05%
CTS	C	0.05%
OMI	F	0.05%
LBRT	D	0.04%
AMN	F	0.04%
PHR	F	0.04%
FORM	D	0.04%
TDC	D	0.04%
ETD	C	0.04%
HE	C	0.04%
SEMR	B	0.04%
COLL	F	0.04%
EOLS	D	0.04%
JBI	F	0.03%
VITL	D	0.03%
EMBC	C	0.03%
RYI	C	0.03%
SWI	B	0.03%
ACLS	F	0.02%
PGNY	F	0.02%
ACIW	B	0.02%
MITK	C	0.0%
EPAC	B	0.0%

AFSM Underweight 429 Positions Relative to BSV

Symbol	Grade	Weight
WIT	A	-0.26%
CARR	D	-0.03%
STLA	F	-0.02%
TAP	C	-0.02%
BIIB	F	-0.02%
KLAC	D	-0.02%
MDT	D	-0.02%
NOC	D	-0.02%
NI	A	-0.02%
VOD	F	-0.02%
ETN	A	-0.02%
MCHP	D	-0.02%
OTIS	C	-0.02%
DD	D	-0.02%
VZ	C	-0.02%
V	A	-0.02%
CHTR	C	-0.02%
NNN	D	-0.01%
NEU	C	-0.01%
NDAQ	A	-0.01%
NVT	B	-0.01%
NTAP	C	-0.01%
MOS	F	-0.01%
MAS	D	-0.01%
PCAR	B	-0.01%
MA	C	-0.01%
MLM	B	-0.01%
LNC	B	-0.01%
MHK	D	-0.01%
LIN	D	-0.01%
LDOS	C	-0.01%
MCO	B	-0.01%
IVZ	B	-0.01%
HRL	D	-0.01%
HP	B	-0.01%
HOG	D	-0.01%
INTU	C	-0.01%
JHG	A	-0.01%
HES	B	-0.01%
JEF	A	-0.01%
JD	D	-0.01%
IFF	D	-0.01%
HAS	D	-0.01%
L	A	-0.01%
JCI	C	-0.01%
H	B	-0.01%
GXO	B	-0.01%
KMPR	B	-0.01%
KMB	D	-0.01%
ES	D	-0.01%
EQR	B	-0.01%
EQH	B	-0.01%
EPR	D	-0.01%
DHI	D	-0.01%
FTNT	C	-0.01%
EL	F	-0.01%
EFX	F	-0.01%
FRT	B	-0.01%
DAL	C	-0.01%
EA	A	-0.01%
FNB	A	-0.01%
CSL	C	-0.01%
FMC	D	-0.01%
FLS	B	-0.01%
GBDC	C	-0.01%
BC	C	-0.01%
ALLE	D	-0.01%
BAX	D	-0.01%
AIZ	A	-0.01%
CNA	B	-0.01%
CMI	A	-0.01%
AVT	C	-0.01%
CLX	B	-0.01%
AVB	B	-0.01%
BRX	A	-0.01%
ATO	A	-0.01%
AEP	D	-0.01%
AEE	A	-0.01%
ADM	D	-0.01%
CHD	B	-0.01%
ARW	D	-0.01%
CF	B	-0.01%
CE	F	-0.01%
CDNS	B	-0.01%
AON	A	-0.01%
A	D	-0.01%
BEN	C	-0.01%
AN	C	-0.01%
CACC	D	-0.01%
CPT	B	-0.01%
BDN	C	-0.01%
BCSF	C	-0.01%
AMG	B	-0.01%
THG	A	-0.01%
UNM	A	-0.01%
WEC	A	-0.01%
TEL	B	-0.01%
WAL	B	-0.01%
SYK	C	-0.01%
SWK	D	-0.01%
VNT	B	-0.01%
TRMB	B	-0.01%
XEL	A	-0.01%
WPC	D	-0.01%
SKT	B	-0.01%
SITC	D	-0.01%
RS	B	-0.01%
ROST	C	-0.01%
PVH	C	-0.01%
PHM	D	-0.01%
RL	B	-0.01%
PFG	D	-0.01%
DOC	D	-0.01%
RGA	A	-0.01%
SPGI	C	-0.01%
PPG	F	-0.01%
SNX	C	-0.01%
SNV	B	-0.01%
MAA	B	-0.01%
NFG	A	-0.01%
NEM	D	-0.01%
ORLY	B	-0.01%
ORI	A	-0.01%
OPI	F	-0.01%
LNT	A	-0.01%
LLY	F	-0.01%
LII	A	-0.01%
OCSL	F	-0.01%
OC	A	-0.01%
LEG	F	-0.01%
MSI	B	-0.01%
LAZ	B	-0.01%
NTRS	A	-0.01%
MRVL	B	-0.01%
MCK	B	-0.01%
NSC	B	-0.01%
MP	B	-0.01%
KIM	A	-0.01%
KEYS	A	-0.01%
K	A	-0.01%
GSBD	F	-0.01%
HUBB	B	-0.01%
HSY	F	-0.01%
JNPR	F	-0.01%
IPG	D	-0.01%
IP	B	-0.01%
HII	D	-0.01%
ILMN	D	-0.01%
JBHT	C	-0.01%
GWW	B	-0.01%
KR	B	-0.01%
DLR	B	-0.01%
FHN	A	-0.01%
EMR	A	-0.01%
EMN	D	-0.01%
FTV	C	-0.01%
FDX	B	-0.01%
ED	D	-0.01%
CUBE	D	-0.01%
DVN	F	-0.01%
CTVA	C	-0.01%
FAF	A	-0.01%
FLEX	A	-0.01%
DOW	F	-0.01%
DOV	A	-0.01%
ALB	C	-0.01%
CNP	B	-0.01%
CNH	C	-0.01%
BWA	D	-0.01%
BABA	D	-0.01%
CMS	C	-0.01%
AWH	F	-0.01%
AFG	A	-0.01%
BRO	B	-0.01%
BR	A	-0.01%
ADSK	A	-0.01%
ADI	D	-0.01%
CFG	B	-0.01%
APTV	D	-0.01%
APH	A	-0.01%
APD	A	-0.01%
AMAT	F	-0.01%
CP	D	-0.01%
COST	B	-0.01%
UDR	B	-0.01%
UAL	A	-0.01%
TDY	B	-0.01%
WAB	B	-0.01%
TXT	D	-0.01%
TSLX	C	-0.01%
SWKS	F	-0.01%
VOYA	B	-0.01%
VNO	B	-0.01%
VMC	B	-0.01%
WY	D	-0.01%
WU	D	-0.01%
VFC	C	-0.01%
TKR	D	-0.01%
WM	A	-0.01%
WHR	B	-0.01%
PNW	B	-0.01%
ROK	B	-0.01%
RNR	C	-0.01%
SF	B	-0.01%
PSEC	D	-0.01%
PSA	D	-0.01%
SCCO	F	-0.01%
RF	A	-0.01%
GLPI	C	-0.01%
HAL	C	-0.01%
KO	D	-0.01%
ESS	B	-0.01%
KEY	B	-0.01%
KDP	D	-0.01%
HUM	C	-0.01%
NUE	C	-0.01%
LYB	F	-0.01%
MMM	D	-0.01%
OHI	C	-0.01%
LHX	C	-0.01%
LH	C	-0.01%
MET	A	-0.01%
O	D	-0.01%
NXPI	D	-0.01%
MDLZ	F	-0.01%
BHP	F	-0.01%
BG	F	-0.01%
CRM	B	-0.01%
AZO	C	-0.01%
AWK	D	-0.01%
CME	A	-0.01%
AGR	B	-0.01%
CL	D	-0.01%
DHR	F	-0.01%
DTE	C	-0.01%
EVRG	A	-0.01%
ETR	B	-0.01%
CNO	A	-0.01%
HST	C	-0.01%
GP	F	-0.01%
MAR	B	-0.01%
LRCX	F	-0.01%
MKC	D	-0.01%
AMGN	D	-0.01%
WB	D	-0.01%
VTR	C	-0.01%
SYY	B	-0.01%
SYF	B	-0.01%
ZTS	D	-0.01%
VRSK	A	-0.01%
STLD	B	-0.01%
SRE	A	-0.01%
R	B	-0.01%
PKG	A	-0.01%
PYPL	B	-0.01%
PRU	A	-0.01%
PEG	A	-0.01%
AES	F	-0.01%
ADP	B	-0.01%
ABT	B	-0.01%
HBAN	A	-0.01%
KMI	A	-0.01%
DLTR	F	-0.01%
EOG	A	-0.01%
DGX	A	-0.01%
EIX	B	-0.01%
DE	A	-0.01%
FSK	A	-0.01%
D	C	-0.01%
EBAY	D	-0.01%
LEN	D	-0.01%
NVDA	C	-0.01%
ITW	B	-0.01%
UNP	C	-0.01%
TT	A	-0.01%
AFL	B	-0.01%
ADBE	C	-0.01%
BLK	C	-0.01%
BIDU	F	-0.01%
FANG	D	-0.01%
CSX	B	-0.01%
CSCO	B	-0.01%
EXPE	B	-0.01%
EXC	C	-0.01%
CAH	B	-0.01%
AL	B	-0.01%
BXP	D	-0.01%
TJX	A	-0.01%
WLK	D	-0.01%
PM	B	-0.01%
RSG	A	-0.01%
SHW	A	-0.01%
ROP	B	-0.01%
PG	A	-0.01%
PPL	B	-0.01%
AMT	D	-0.01%
COP	C	-0.01%
STT	A	-0.01%
VLO	C	-0.01%
TMO	F	-0.01%
WEST	C	-0.01%
WMB	A	-0.01%
SLB	C	-0.01%
QCOM	F	-0.01%
RPRX	D	-0.01%
PH	A	-0.01%
CB	C	-0.01%
CPB	D	-0.01%
USB	A	-0.01%
UPS	C	-0.01%
TGT	F	-0.01%
UNH	C	-0.01%
WBA	F	-0.01%
AIG	B	-0.01%
CM	A	-0.01%
AER	B	-0.01%
BK	A	-0.01%
CCI	D	-0.01%
BERY	B	-0.01%
DUK	C	-0.01%
GD	F	-0.01%
ALLY	C	-0.01%
CAF	D	-0.01%
ICE	C	-0.01%
ET	A	-0.01%
EQIX	A	-0.01%
FOXA	B	-0.01%
OMC	C	-0.01%
MCD	D	-0.01%
MRK	F	-0.01%
GPN	B	-0.01%
HON	B	-0.01%
JNJ	D	-0.01%
GIS	D	-0.01%
HD	A	-0.01%
GE	D	-0.01%
SBUX	A	-0.01%
SPG	B	-0.01%
LVS	C	-0.01%
NKE	D	-0.01%
MMC	B	-0.01%
PAA	B	-0.01%
TFC	A	-0.01%
TXN	C	-0.01%
ZBH	C	-0.01%
STZ	D	-0.01%
PNC	B	-0.01%
RTX	C	-0.01%
PSX	C	-0.01%
PFE	D	-0.01%
BKNG	A	-0.01%
ARE	D	-0.01%
ARCC	A	-0.01%
BDX	F	-0.01%
AMP	A	-0.01%
CAT	B	-0.01%
CMA	A	-0.01%
BSX	B	-0.01%
AVGO	D	-0.01%
DIS	B	-0.01%
DG	F	-0.01%
DFS	B	-0.01%
EDC	F	-0.01%
FIS	C	-0.01%
ALL	A	-0.01%
COE	D	-0.01%
CAG	D	-0.01%
GOOGL	C	-0.01%
HPQ	B	-0.01%
MPLX	A	-0.01%
GSK	F	-0.01%
MO	A	-0.01%
LOW	D	-0.01%
OKE	A	-0.01%
MU	D	-0.01%
MTB	A	-0.01%
AMZN	C	-0.01%
AXP	A	-0.01%
EPD	A	-0.01%
DB	D	-0.01%
COF	B	-0.01%
INTC	D	-0.01%
GILD	C	-0.01%
MPC	D	-0.01%
NEE	D	-0.01%
RY	A	-0.01%
PEP	F	-0.01%
VTRS	A	-0.01%
AZN	D	-0.01%
BNS	A	-0.01%
FITB	A	-0.01%
HCA	F	-0.01%
EQNR	D	-0.01%
CVX	A	-0.01%
NWG	C	-0.01%
IBM	C	-0.01%
HPE	B	-0.01%
SCHW	B	-0.01%
PCG	A	-0.01%
LUV	C	-0.01%
LMT	D	-0.01%
TSN	B	-0.01%
WMT	A	-0.01%
SO	D	-0.01%
T	A	-0.01%
TMUS	B	-0.01%
WELL	A	-0.01%
TD	F	-0.01%
CI	F	-0.01%
ORCL	B	-0.01%
BMO	A	-0.01%
CMCSA	B	-0.01%
GM	B	-0.01%
XOM	B	-0.01%
ABBV	D	-0.01%
BMY	B	-0.01%
CVS	D	-0.01%
GS	A	-0.01%
MSFT	F	-0.01%
MUFG	B	-0.01%
BA	F	-0.01%
HSBC	B	-0.01%
AAPL	C	-0.01%
DELL	C	-0.01%
WFC	A	-0.01%
C	A	-0.01%
MS	A	-0.01%
BAC	A	-0.01%
JPM	A	-0.01%