AFSM vs. NSCS ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Nuveen Small Cap Select ETF (NSCS)

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

$30.33

Average Daily Volume

7,557

Number of Holdings ^*

294

* may have additional holdings in another (foreign) market

NSCS

Nuveen Small Cap Select ETF

NSCS Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$27.33

Average Daily Volume

1,352

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	NSCS
30 Days	1.91%	1.12%
60 Days	1.61%	1.15%
90 Days	8.56%	6.68%
12 Months	25.46%	19.94%

18 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in NSCS	Overlap
AIT	C	0.11%	1.47%	0.11%
ASGN	D	0.2%	1.34%	0.2%
BKH	B	0.29%	1.34%	0.29%
BPMC	D	0.36%	0.33%	0.33%
BRBR	B	0.48%	1.03%	0.48%
CMC	D	0.3%	1.28%	0.3%
CVLT	B	0.71%	1.54%	0.71%
HALO	B	0.79%	0.71%	0.71%
KRYS	D	0.09%	0.83%	0.09%
ONTO	F	0.23%	1.23%	0.23%
PFBC	C	0.82%	1.13%	0.82%
PIPR	B	0.22%	2.12%	0.22%
PRMW	A	0.31%	1.74%	0.31%
QTWO	B	0.32%	2.0%	0.32%
RDNT	B	0.3%	1.12%	0.3%
SIG	C	0.34%	0.83%	0.34%
TCMD	C	0.28%	0.46%	0.28%
TPH	C	0.08%	1.48%	0.08%

AFSM Overweight 276 Positions Relative to NSCS

Symbol	Grade	Weight
NHC	D	1.27%
MLI	B	1.13%
ALKS	C	0.97%
IDCC	B	0.95%
SKYW	C	0.93%
CPRX	B	0.89%
ANF	D	0.88%
MTG	B	0.85%
MHO	B	0.84%
RDN	B	0.83%
SFM	B	0.81%
TNK	D	0.8%
DAKT	D	0.79%
CRS	B	0.77%
UVE	B	0.76%
TMHC	B	0.72%
BCC	C	0.71%
NHI	A	0.68%
NMIH	B	0.68%
TBBK	B	0.67%
EME	B	0.66%
ZETA	B	0.64%
NTB	C	0.64%
BMI	B	0.63%
COOP	B	0.63%
HWKN	B	0.63%
CALM	B	0.63%
JXN	B	0.63%
COKE	C	0.62%
FIX	B	0.62%
PLUS	B	0.61%
ACT	A	0.6%
SANM	D	0.6%
CRVL	B	0.6%
OFG	C	0.6%
GMED	D	0.6%
MUSA	C	0.6%
UFPT	C	0.6%
AROC	C	0.59%
MCY	C	0.59%
SUPN	C	0.59%
STBA	B	0.59%
LNTH	C	0.59%
SLG	B	0.59%
DOLE	A	0.58%
FDP	B	0.58%
SLVM	B	0.58%
KBH	B	0.58%
HSII	C	0.57%
GMS	C	0.56%
STRL	B	0.56%
PRK	C	0.56%
APPF	D	0.54%
CEIX	D	0.54%
CHCO	B	0.54%
DFIN	B	0.54%
HRB	C	0.53%
PI	B	0.52%
RMR	C	0.5%
REZI	D	0.5%
CAL	F	0.5%
TEX	D	0.49%
TGNA	C	0.49%
AMWD	C	0.49%
EVER	D	0.49%
IIPR	B	0.49%
BELFB	C	0.49%
BTU	D	0.47%
YOU	B	0.47%
BXC	D	0.47%
WFRD	F	0.47%
BLBD	C	0.46%
VRNT	F	0.46%
EGBN	C	0.46%
PINC	C	0.46%
LPG	F	0.46%
ADUS	B	0.46%
DDS	D	0.45%
PRDO	D	0.45%
HRMY	B	0.44%
ESNT	B	0.44%
PLAB	F	0.43%
YMAB	C	0.43%
SPNS	D	0.42%
CSWI	B	0.41%
RXST	C	0.41%
WNC	F	0.41%
M	F	0.4%
MTH	B	0.4%
CCRN	F	0.39%
ANIP	D	0.39%
CORT	B	0.39%
LGND	C	0.39%
PBF	F	0.38%
HIW	B	0.38%
CNXN	B	0.38%
INMD	D	0.38%
PRGS	C	0.37%
TMDX	C	0.37%
AMR	F	0.36%
AVNS	B	0.36%
GRBK	B	0.36%
BDC	B	0.36%
POWL	C	0.36%
ODP	F	0.36%
PDM	B	0.36%
TWI	D	0.36%
SCS	B	0.35%
HDSN	D	0.35%
ASO	C	0.35%
FBP	C	0.35%
ATKR	F	0.34%
CASH	B	0.33%
BNL	B	0.33%
LOPE	D	0.33%
DXC	C	0.32%
LRN	B	0.32%
CUZ	B	0.32%
CVNA	B	0.32%
MOG.A	B	0.32%
MATX	C	0.32%
CRAI	C	0.32%
ASC	D	0.31%
HIMS	D	0.31%
CNK	B	0.31%
TRMK	C	0.31%
APOG	B	0.31%
VRNS	C	0.3%
TILE	B	0.3%
AKR	C	0.3%
IBOC	C	0.3%
BKE	B	0.3%
SBRA	B	0.3%
GEO	F	0.3%
PFS	B	0.3%
HUBG	C	0.29%
GIII	C	0.29%
PRG	B	0.28%
PHIN	B	0.28%
ATGE	D	0.28%
VIRT	B	0.28%
THFF	B	0.28%
MEDP	D	0.28%
GNK	D	0.27%
INSW	D	0.27%
PSN	B	0.27%
DNOW	D	0.27%
USLM	B	0.27%
HURN	C	0.27%
MD	C	0.27%
MRVI	C	0.26%
MED	F	0.26%
BHE	C	0.26%
AZZ	C	0.26%
BKU	C	0.26%
SIGA	D	0.25%
ADMA	B	0.25%
VNDA	D	0.25%
ITCI	D	0.25%
IMKTA	D	0.25%
AMKR	F	0.25%
HCI	C	0.25%
SMP	C	0.24%
IESC	C	0.24%
CMPR	F	0.24%
ABG	F	0.24%
KN	D	0.23%
HCC	F	0.23%
NUS	F	0.23%
NTCT	D	0.23%
PRM	B	0.23%
KELYA	D	0.23%
STNG	D	0.22%
DHT	C	0.22%
INTA	B	0.22%
HLX	D	0.22%
ENS	C	0.22%
SBH	B	0.22%
LMAT	B	0.22%
AXSM	C	0.21%
WABC	D	0.21%
NAVI	C	0.21%
HOV	C	0.21%
XRX	F	0.21%
TNC	D	0.21%
NSSC	F	0.21%
PK	D	0.21%
HAE	D	0.21%
GOGL	D	0.2%
ADNT	F	0.2%
NX	D	0.2%
HY	D	0.2%
BLFS	D	0.2%
SD	D	0.19%
GES	F	0.19%
UCTT	F	0.19%
KRC	B	0.19%
SXC	F	0.19%
EXTR	C	0.19%
VSH	D	0.19%
VCTR	B	0.18%
CRDO	D	0.18%
SCVL	B	0.18%
AGX	C	0.17%
SGBX	F	0.17%
BRC	B	0.17%
OSCR	B	0.16%
NVST	D	0.16%
MAX	C	0.15%
SCSC	D	0.15%
CLW	F	0.15%
HROW	B	0.15%
CWCO	F	0.15%
TGTX	B	0.15%
TPC	C	0.15%
CECO	D	0.14%
MOV	F	0.14%
ALRM	F	0.14%
TARS	C	0.14%
INVA	B	0.13%
AYI	B	0.13%
CSGS	C	0.13%
EIG	B	0.13%
TWST	D	0.13%
CHRD	F	0.13%
CGEM	F	0.13%
METC	F	0.12%
ASTH	B	0.12%
SPSC	D	0.11%
ALKT	D	0.11%
PCRX	F	0.11%
YEXT	C	0.1%
GFF	C	0.1%
AMCX	F	0.1%
RAMP	F	0.09%
MLKN	D	0.09%
KTB	B	0.08%
KSS	F	0.08%
CTRE	B	0.08%
JWN	B	0.07%
NSIT	C	0.07%
OMI	D	0.07%
AMN	F	0.07%
WGO	D	0.07%
COLL	B	0.06%
EOLS	C	0.06%
VSTO	B	0.06%
ATEN	C	0.05%
FORM	F	0.05%
ETH	D	0.05%
REVG	C	0.05%
OTTR	D	0.05%
ANDE	D	0.05%
SWX	C	0.05%
CTS	D	0.05%
PHR	C	0.05%
GRND	B	0.05%
APAM	C	0.05%
HE	F	0.05%
AMPH	C	0.05%
FTDR	B	0.05%
OGS	B	0.05%
EMBC	C	0.04%
JBI	F	0.04%
PGNY	F	0.04%
LBRT	D	0.04%
TDC	F	0.04%
SEMR	C	0.04%
RYI	F	0.03%
ACLS	F	0.03%
VITL	D	0.03%
SWI	B	0.03%
ACIW	B	0.02%
MITK	F	0.0%
MAIN	C	0.0%
EPAC	B	0.0%

AFSM Underweight 57 Positions Relative to NSCS

Symbol	Grade	Weight
EVR	B	-2.36%
WTFC	B	-2.22%
NOG	D	-1.79%
SSB	B	-1.72%
MMSI	B	-1.68%
BANR	B	-1.64%
ESE	B	-1.56%
HOMB	B	-1.55%
HQY	C	-1.53%
STAG	C	-1.53%
AVAV	D	-1.52%
MGNI	D	-1.51%
ACA	C	-1.51%
EGP	B	-1.51%
FLR	D	-1.5%
EHC	B	-1.48%
OPCH	C	-1.44%
AVNT	B	-1.43%
SHAK	C	-1.4%
MMS	D	-1.38%
EVRI	C	-1.38%
FIBK	B	-1.36%
KTOS	B	-1.36%
SUM	C	-1.33%
GDYN	C	-1.32%
SHOO	B	-1.31%
NPO	C	-1.25%
MTDR	D	-1.25%
WK	D	-1.17%
TROX	F	-1.16%
ARCB	D	-1.14%
GKOS	D	-1.13%
BYD	C	-1.13%
LADR	B	-1.08%
ICHR	F	-1.04%
LITE	B	-1.01%
SLAB	D	-1.0%
SEM	D	-0.95%
SR	B	-0.94%
ENV	C	-0.93%
RBRK	F	-0.91%
TTMI	D	-0.89%
PRI	B	-0.87%
KEX	C	-0.86%
ZD	D	-0.85%
FROG	F	-0.79%
DAN	F	-0.79%
INSM	D	-0.76%
INN	C	-0.76%
CRNX	C	-0.73%
PCVX	B	-0.72%
ESTA	F	-0.69%
SIBN	D	-0.68%
ARHS	F	-0.57%
MDGL	F	-0.55%
IMVT	D	-0.5%
MODG	F	-0.07%