AFSM vs. SVAL ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to iShares US Small Cap Value Factor ETF (SVAL)

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

$30.24

Average Daily Volume

11,306

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

SVAL

iShares US Small Cap Value Factor ETF

SVAL Description

The investment seeks to track the investment results of the Russell 2000 Focused Value Select Index composed of U.S. small-capitalization stocks with prominent value characteristics. The index measures the performance of small-capitalization U.S. companies with prominent value factor characteristics, as determined by the index provider. The fund generally will invest at least 80% of its assets in the component securities and other instruments of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Grade (RS Rating)

Last Trade

$31.88

Average Daily Volume

22,365

Number of Holdings ^*

228

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	SVAL
30 Days	-0.38%	0.98%
60 Days	-1.01%	-2.78%
90 Days	4.10%	-5.03%
12 Months	30.15%	21.01%

70 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in SVAL	Overlap
ABG	C	0.24%	0.35%	0.24%
ACT	D	0.55%	0.44%	0.44%
AKR	B	0.3%	0.61%	0.3%
AMR	F	0.37%	0.28%	0.28%
AMWD	D	0.52%	0.42%	0.42%
ANDE	F	0.05%	0.31%	0.05%
ATKR	F	0.33%	0.2%	0.2%
BCC	D	0.75%	0.46%	0.46%
BNL	D	0.3%	0.44%	0.3%
BXC	A	0.5%	0.47%	0.47%
CAL	F	0.37%	0.37%	0.37%
CALM	B	0.78%	0.64%	0.64%
CASH	A	0.32%	0.0%	0.0%
CEIX	A	0.61%	0.38%	0.38%
CLW	F	0.13%	0.25%	0.13%
EGBN	A	0.55%	0.43%	0.43%
EIG	C	0.12%	0.0%	0.0%
ESNT	F	0.4%	0.45%	0.4%
ETD	F	0.04%	0.33%	0.04%
FBP	D	0.32%	0.0%	0.0%
FDP	A	0.56%	0.44%	0.44%
GMS	A	0.57%	0.5%	0.5%
HCC	A	0.25%	0.44%	0.25%
HDSN	F	0.35%	0.2%	0.2%
HSII	A	0.56%	0.55%	0.55%
HUBG	D	0.27%	0.39%	0.27%
INSW	F	0.24%	0.34%	0.24%
INVA	C	0.12%	0.53%	0.12%
KBH	D	0.54%	0.6%	0.54%
KELYA	D	0.21%	0.39%	0.21%
LPG	F	0.4%	0.36%	0.36%
MATX	A	0.33%	0.62%	0.33%
MD	A	0.31%	0.34%	0.31%
MED	D	0.23%	0.09%	0.09%
METC	F	0.13%	0.33%	0.13%
MHO	D	0.82%	0.64%	0.64%
MLI	A	1.31%	0.77%	0.77%
MLKN	F	0.08%	0.32%	0.08%
MTH	D	0.37%	0.53%	0.37%
NMIH	D	0.62%	0.51%	0.51%
NTB	C	0.61%	0.48%	0.48%
NX	C	0.22%	0.37%	0.22%
ODP	C	0.38%	0.24%	0.24%
OFG	C	0.51%	0.0%	0.0%
PFBC	B	0.82%	0.0%	0.0%
PFS	B	0.3%	0.0%	0.0%
PRDO	B	0.43%	0.0%	0.0%
PRG	C	0.25%	0.47%	0.25%
RDN	F	0.76%	0.49%	0.49%
REZI	C	0.53%	0.44%	0.44%
RMR	D	0.47%	0.35%	0.35%
RYI	C	0.03%	0.27%	0.03%
SCS	F	0.31%	0.38%	0.31%
SIG	C	0.38%	0.45%	0.38%
SKYW	A	1.11%	0.8%	0.8%
STBA	D	0.51%	0.0%	0.0%
STNG	F	0.19%	0.38%	0.19%
SXC	A	0.2%	0.36%	0.2%
THFF	B	0.26%	0.45%	0.26%
TILE	A	0.29%	0.63%	0.29%
TMHC	A	0.73%	0.57%	0.57%
TPH	D	0.07%	0.52%	0.07%
TRMK	B	0.32%	0.0%	0.0%
TWI	F	0.3%	0.17%	0.17%
UVE	C	0.66%	0.5%	0.5%
VSH	F	0.19%	0.24%	0.19%
WABC	B	0.2%	0.0%	0.0%
WGO	D	0.07%	0.33%	0.07%
WNC	F	0.38%	0.29%	0.29%
XRX	F	0.2%	0.18%	0.18%

AFSM Overweight 226 Positions Relative to SVAL

Symbol	Grade	Weight
NHC	C	1.16%
IDCC	A	1.01%
CPRX	A	0.94%
ANF	F	0.91%
SFM	A	0.9%
ALKS	F	0.89%
CRS	B	0.84%
DAKT	C	0.81%
MTG	D	0.8%
JXN	B	0.75%
EME	A	0.72%
STRL	B	0.72%
FIX	B	0.69%
SLG	B	0.68%
PLUS	C	0.65%
ZETA	C	0.65%
MCY	B	0.64%
SLVM	B	0.64%
LNTH	C	0.63%
CVLT	B	0.63%
BMI	D	0.62%
HWKN	D	0.62%
HALO	B	0.62%
TBBK	D	0.62%
COOP	D	0.61%
AROC	D	0.61%
SANM	A	0.6%
GMED	A	0.6%
COKE	D	0.58%
NHI	C	0.58%
SUPN	B	0.57%
CRVL	D	0.57%
POWL	A	0.56%
PI	C	0.56%
BELFB	C	0.56%
DOLE	C	0.56%
UFPT	D	0.54%
PRK	A	0.54%
BTU	A	0.53%
TGNA	B	0.53%
WT	B	0.52%
BRBR	A	0.52%
YOU	A	0.52%
MUSA	C	0.51%
CHCO	A	0.51%
TEX	F	0.5%
DFIN	F	0.5%
CORT	B	0.5%
APPF	D	0.49%
IIPR	C	0.49%
HRB	D	0.48%
DDS	C	0.48%
CVNA	A	0.47%
HIMS	B	0.44%
PINC	A	0.44%
YMAB	A	0.44%
ADUS	D	0.44%
CSWI	B	0.44%
PLAB	F	0.43%
BLBD	F	0.41%
LGND	A	0.41%
WFRD	F	0.41%
SPNS	B	0.41%
PRGS	B	0.4%
HIW	C	0.4%
BDC	B	0.4%
M	D	0.4%
ANIP	F	0.39%
EVER	F	0.39%
INMD	C	0.38%
HRMY	D	0.38%
RXST	D	0.37%
CRAI	B	0.37%
VRNT	F	0.37%
PDM	C	0.37%
QTWO	A	0.36%
PBF	F	0.36%
CNXN	F	0.36%
USLM	A	0.35%
PRMW	B	0.35%
GRBK	D	0.35%
LRN	A	0.35%
APOG	A	0.35%
TMDX	F	0.33%
CUZ	B	0.33%
ASO	F	0.32%
AVNS	F	0.32%
IESC	A	0.32%
MOG.A	C	0.32%
BPMC	C	0.32%
GEO	B	0.32%
SBRA	B	0.31%
CCRN	F	0.31%
LOPE	D	0.31%
RDNT	D	0.31%
VRNS	D	0.31%
CNK	A	0.3%
CMC	A	0.3%
TCMD	A	0.29%
BKE	C	0.29%
IBOC	B	0.29%
DXC	D	0.29%
HCI	B	0.29%
GIII	C	0.28%
ATGE	A	0.28%
PSN	A	0.28%
BKH	D	0.28%
PRM	A	0.27%
MEDP	F	0.27%
CRDO	A	0.27%
BHE	A	0.27%
DNOW	F	0.26%
ASC	F	0.26%
PHIN	C	0.26%
AZZ	D	0.26%
VIRT	A	0.26%
ITCI	A	0.25%
AMKR	F	0.25%
HURN	A	0.25%
INTA	B	0.24%
ONTO	F	0.24%
BKU	C	0.24%
GNK	D	0.24%
KN	C	0.23%
NTCT	C	0.23%
ENS	F	0.22%
KRC	B	0.22%
PIPR	B	0.22%
SBH	B	0.22%
AGX	A	0.22%
HAE	F	0.21%
CMPR	F	0.21%
SIGA	D	0.21%
SMP	B	0.21%
LMAT	B	0.21%
HLX	F	0.21%
DHT	F	0.21%
NSSC	F	0.21%
ADMA	B	0.21%
HY	D	0.21%
VNDA	D	0.21%
VCTR	A	0.2%
SGBX	F	0.2%
ASGN	F	0.2%
EXTR	B	0.2%
TNC	F	0.2%
NAVI	F	0.2%
PK	F	0.2%
IMKTA	D	0.2%
ADNT	F	0.19%
MRVI	F	0.19%
AXSM	C	0.19%
NUS	F	0.19%
UCTT	F	0.19%
HOV	D	0.18%
BLFS	B	0.18%
GOGL	F	0.18%
SD	F	0.17%
TPC	B	0.17%
NVST	A	0.17%
TARS	A	0.17%
HROW	C	0.17%
MAX	D	0.16%
BRC	D	0.16%
GES	F	0.16%
SCVL	F	0.15%
CWCO	F	0.14%
ASTH	C	0.14%
ALRM	F	0.14%
NECB	B	0.14%
PCRX	C	0.14%
OSCR	C	0.14%
ALKT	B	0.14%
SCSC	F	0.14%
TGTX	A	0.14%
AYI	A	0.14%
AIT	A	0.13%
MOV	F	0.13%
CECO	F	0.13%
CHRD	F	0.12%
TWST	F	0.12%
CSGS	D	0.12%
CGEM	F	0.11%
GFF	F	0.1%
YEXT	A	0.1%
AMCX	F	0.1%
RAMP	D	0.09%
SPSC	F	0.09%
KTB	A	0.08%
CTRE	A	0.08%
KRYS	C	0.08%
ATLO	F	0.07%
PEBK	D	0.07%
NSIT	F	0.07%
KSS	F	0.07%
AMPH	A	0.06%
EOLS	A	0.06%
AMN	F	0.06%
JWN	C	0.06%
OMI	F	0.06%
REVG	D	0.05%
TDC	B	0.05%
OTTR	F	0.05%
FORM	F	0.05%
SWX	C	0.05%
ATEN	A	0.05%
CTS	A	0.05%
FTDR	B	0.05%
COLL	F	0.05%
OGS	C	0.05%
APAM	A	0.05%
GRND	A	0.05%
PHR	F	0.04%
VITL	C	0.04%
LBRT	F	0.04%
SEMR	D	0.04%
JBI	F	0.04%
HE	D	0.04%
PGNY	F	0.03%
EMBC	C	0.03%
SWI	B	0.03%
ACIW	C	0.02%
ACLS	F	0.02%
MITK	D	0.0%
MAIN	B	0.0%
EPAC	A	0.0%

AFSM Underweight 158 Positions Relative to SVAL

Symbol	Grade	Weight
EBC	C	-0.92%
LC	A	-0.82%
HTLF	A	-0.72%
GBCI	A	-0.65%
UMBF	A	-0.63%
AX	B	-0.63%
FBK	B	-0.62%
TTMI	A	-0.62%
PATK	F	-0.6%
JAKK	A	-0.6%
ARIS	C	-0.59%
QCRH	B	-0.58%
UVSP	B	-0.57%
ABCB	B	-0.57%
SASR	A	-0.56%
CTBI	B	-0.54%
FBNC	D	-0.53%
KFY	C	-0.53%
GABC	A	-0.53%
HBNC	A	-0.53%
DCOM	B	-0.53%
CNX	B	-0.53%
NIC	B	-0.52%
CCB	A	-0.52%
FMBH	D	-0.51%
UNFI	A	-0.51%
PFC	A	-0.51%
CNO	A	-0.51%
GHC	A	-0.51%
HOPE	D	-0.5%
HWC	A	-0.5%
EFSC	B	-0.5%
SRCE	C	-0.5%
TOWN	D	-0.5%
LOB	D	-0.49%
ASB	A	-0.49%
FCF	D	-0.48%
CNOB	D	-0.48%
UBSI	A	-0.48%
BY	B	-0.48%
TMP	A	-0.47%
AVNT	D	-0.47%
WAFD	D	-0.47%
STGW	D	-0.47%
ONB	A	-0.47%
CCS	F	-0.47%
VSTO	A	-0.47%
CFFN	A	-0.47%
FRME	C	-0.47%
MBIN	F	-0.47%
ESGR	C	-0.47%
TCBK	C	-0.47%
SPNT	D	-0.46%
WASH	B	-0.46%
HOMB	B	-0.46%
TCBI	B	-0.46%
BUSE	D	-0.45%
STEL	B	-0.45%
CXW	C	-0.44%
LZB	D	-0.44%
BZH	D	-0.44%
SEI	B	-0.44%
BRKL	A	-0.44%
FIBK	B	-0.44%
BANC	B	-0.44%
NFBK	C	-0.44%
PGC	A	-0.44%
OSBC	B	-0.43%
PEBO	B	-0.43%
ALE	A	-0.43%
EGY	F	-0.43%
MCS	A	-0.43%
CVBF	B	-0.42%
FOR	F	-0.42%
JBGS	C	-0.42%
AEO	F	-0.42%
DEA	C	-0.42%
FFIC	B	-0.42%
UFPI	C	-0.42%
HTBK	D	-0.41%
CVLG	D	-0.41%
WKC	D	-0.41%
SBSI	D	-0.4%
MGY	C	-0.39%
VLY	A	-0.39%
AOSL	D	-0.39%
NWE	D	-0.39%
SM	F	-0.38%
HTH	D	-0.38%
OBK	D	-0.38%
ARCB	F	-0.36%
MNRO	A	-0.35%
WERN	A	-0.34%
LCII	D	-0.34%
SPTN	D	-0.34%
APLE	C	-0.34%
CRC	B	-0.33%
ARKO	C	-0.33%
GEF	B	-0.33%
NOG	F	-0.32%
RLJ	F	-0.32%
ASIX	C	-0.32%
REPX	F	-0.3%
ARCH	B	-0.3%
ATSG	A	-0.29%
IIIN	F	-0.29%
HP	C	-0.28%
LXU	B	-0.28%
FLGT	C	-0.28%
HPK	F	-0.27%
REI	F	-0.27%
THRY	F	-0.27%
HTLD	F	-0.26%
MUR	F	-0.25%
HNRG	B	-0.24%
MTUS	F	-0.23%
BRY	F	-0.22%
WS	A	-0.22%
WOR	F	-0.22%
TALO	D	-0.22%
DK	F	-0.2%
PTEN	F	-0.2%
OIS	D	-0.2%
DAN	F	-0.19%
CMT	F	-0.19%
RGP	F	-0.19%
TBI	F	-0.18%
CVI	F	-0.17%
TH	F	-0.17%
BOOM	F	-0.15%
PARR	F	-0.15%
JRVR	F	-0.14%
CVGI	F	-0.13%
DTC	F	-0.09%
CATY	A	-0.0%
GDOT	C	-0.0%
PPBI	B	-0.0%
TRST	D	-0.0%
SBCF	B	-0.0%
HMN	A	-0.0%
INDB	B	-0.0%
NWBI	C	-0.0%
RNST	B	-0.0%
FFBC	A	-0.0%
BHLB	B	-0.0%
WSFS	D	-0.0%
SFNC	A	-0.0%
NBTB	D	-0.0%
HAFC	A	-0.0%
HFWA	A	-0.0%
FULT	B	-0.0%
VBTX	B	-0.0%
NBHC	A	-0.0%
BANR	A	-0.0%
CADE	B	-0.0%
STC	D	-0.0%
CPF	C	-0.0%
AUB	C	-0.0%