AVSC vs. FNCL ETF Comparison

Comparison of Avantis U.S. Small Cap Equity ETF (AVSC) to Fidelity MSCI Financials Index ETF (FNCL)

AVSC

Avantis U.S. Small Cap Equity ETF

AVSC Description

Avantis U.S. Small Cap Equity ETF is an exchange traded fund launched and managed by American Century Investment Management, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of small-cap companies. The fund seeks to benchmark the performance of its portfolio against the Russell 2000 Index. Avantis U.S. Small Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$54.06

Average Daily Volume

84,472

Number of Holdings ^*

1156

* may have additional holdings in another (foreign) market

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.86

Average Daily Volume

81,837

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	AVSC	FNCL
30 Days	13.30%	6.90%
60 Days	9.27%	6.38%
90 Days	12.50%	9.38%
12 Months	15.87%	26.72%

166 Overlapping Holdings

Symbol	Grade	Weight in AVSC	Weight in FNCL	Overlap
ABCB	B	0.0%	0.06%	0.0%
AGM	C	0.23%	0.03%	0.03%
AMAL	C	0.08%	0.01%	0.01%
AMBC	F	0.07%	0.01%	0.01%
AMK	C	0.05%	0.01%	0.01%
AMSF	D	0.11%	0.01%	0.01%
AMTB	D	0.08%	0.01%	0.01%
APAM	B	0.0%	0.04%	0.0%
AROW	B	0.06%	0.0%	0.0%
AUB	B	0.19%	0.05%	0.05%
BANC	C	0.23%	0.03%	0.03%
BANR	C	0.24%	0.03%	0.03%
BFC	C	0.11%	0.01%	0.01%
BFST	B	0.07%	0.01%	0.01%
BHB	B	0.05%	0.01%	0.01%
BHF	C	0.13%	0.05%	0.05%
BHLB	B	0.14%	0.02%	0.02%
BKU	B	0.34%	0.04%	0.04%
BOH	B	0.32%	0.04%	0.04%
BRKL	B	0.11%	0.01%	0.01%
BUSE	C	0.18%	0.03%	0.03%
BY	C	0.1%	0.01%	0.01%
CAC	B	0.07%	0.01%	0.01%
CASH	B	0.2%	0.03%	0.03%
CASS	D	0.06%	0.01%	0.01%
CATY	B	0.28%	0.05%	0.05%
CBU	B	0.35%	0.04%	0.04%
CCB	B	0.07%	0.01%	0.01%
CCBG	B	0.05%	0.01%	0.01%
CFB	B	0.09%	0.01%	0.01%
CHCO	B	0.2%	0.02%	0.02%
CLBK	C	0.06%	0.01%	0.01%
CNNE	C	0.14%	0.01%	0.01%
CNOB	B	0.11%	0.01%	0.01%
CPF	B	0.08%	0.01%	0.01%
CRD.B	D	0.0%	0.0%	0.0%
CRD.B	D	0.0%	0.0%	0.0%
CTBI	B	0.09%	0.01%	0.01%
CUBI	B	0.25%	0.03%	0.03%
CVBF	C	0.31%	0.04%	0.04%
DCOM	B	0.1%	0.01%	0.01%
DFIN	B	0.21%	0.03%	0.03%
DGICA	B	0.02%	0.0%	0.0%
DHIL	C	0.05%	0.0%	0.0%
EBC	B	0.38%	0.04%	0.04%
ECPG	B	0.1%	0.01%	0.01%
EFSC	B	0.23%	0.03%	0.03%
EGBN	D	0.08%	0.01%	0.01%
EIG	A	0.14%	0.02%	0.02%
ENVA	B	0.25%	0.03%	0.03%
EQBK	C	0.07%	0.01%	0.01%
EVTC	D	0.26%	0.03%	0.03%
EZPW	C	0.06%	0.01%	0.01%
FBK	B	0.2%	0.02%	0.02%
FBMS	B	0.1%	0.01%	0.01%
FBNC	C	0.2%	0.02%	0.02%
FCBC	B	0.08%	0.01%	0.01%
FCF	B	0.22%	0.03%	0.03%
FFBC	B	0.29%	0.04%	0.04%
FHB	B	0.36%	0.05%	0.05%
FHI	C	0.11%	0.04%	0.04%
FIBK	C	0.26%	0.04%	0.04%
FMBH	C	0.09%	0.01%	0.01%
FMNB	B	0.07%	0.01%	0.01%
FRME	B	0.28%	0.04%	0.04%
FSBC	B	0.03%	0.01%	0.01%
FULT	C	0.33%	0.05%	0.05%
GABC	C	0.13%	0.02%	0.02%
GCBC	B	0.01%	0.0%	0.0%
GDOT	D	0.05%	0.01%	0.01%
GNW	B	0.27%	0.04%	0.04%
GSBC	C	0.07%	0.01%	0.01%
GSHD	B	0.22%	0.03%	0.03%
HAFC	B	0.07%	0.01%	0.01%
HBNC	B	0.08%	0.01%	0.01%
HBT	C	0.01%	0.01%	0.01%
HCI	D	0.09%	0.01%	0.01%
HFWA	B	0.09%	0.01%	0.01%
HMN	C	0.16%	0.02%	0.02%
HONE	B	0.06%	0.01%	0.01%
HOPE	B	0.19%	0.02%	0.02%
HTBK	C	0.07%	0.01%	0.01%
HTH	C	0.18%	0.02%	0.02%
HTLF	B	0.23%	0.03%	0.03%
IBCP	B	0.09%	0.01%	0.01%
IBTX	B	0.25%	0.03%	0.03%
IIIV	B	0.01%	0.01%	0.01%
IMXI	B	0.07%	0.01%	0.01%
INDB	B	0.31%	0.04%	0.04%
KRNY	C	0.05%	0.0%	0.0%
LC	B	0.14%	0.02%	0.02%
LKFN	C	0.21%	0.03%	0.03%
LMND	C	0.14%	0.02%	0.02%
LOB	B	0.19%	0.02%	0.02%
LPRO	D	0.06%	0.01%	0.01%
MBIN	C	0.11%	0.01%	0.01%
MBWM	C	0.1%	0.01%	0.01%
MCB	C	0.07%	0.01%	0.01%
MCBS	B	0.02%	0.01%	0.01%
MCY	B	0.11%	0.02%	0.02%
MQ	D	0.11%	0.03%	0.03%
MSBI	C	0.06%	0.01%	0.01%
NATL	C	0.09%	0.03%	0.03%
NAVI	C	0.15%	0.02%	0.02%
NBHC	C	0.19%	0.02%	0.02%
NBTB	B	0.26%	0.03%	0.03%
NFBK	B	0.06%	0.01%	0.01%
NIC	C	0.15%	0.02%	0.02%
NMIH	B	0.37%	0.04%	0.04%
NRDS	C	0.02%	0.01%	0.01%
NWBI	B	0.2%	0.03%	0.03%
OBK	C	0.12%	0.01%	0.01%
OCFC	B	0.12%	0.02%	0.02%
OFG	B	0.26%	0.03%	0.03%
ONB	B	0.01%	0.09%	0.01%
OSBC	B	0.09%	0.01%	0.01%
PEBO	C	0.14%	0.02%	0.02%
PFBC	B	0.13%	0.01%	0.01%
PFC	B	0.11%	0.02%	0.02%
PFS	B	0.28%	0.03%	0.03%
PGC	C	0.05%	0.0%	0.0%
PLMR	B	0.28%	0.03%	0.03%
PPBI	C	0.3%	0.04%	0.04%
PRA	D	0.07%	0.01%	0.01%
PRAA	C	0.12%	0.01%	0.01%
PRG	B	0.22%	0.03%	0.03%
PRK	C	0.32%	0.04%	0.04%
QCRH	B	0.15%	0.02%	0.02%
RBCAA	B	0.06%	0.01%	0.01%
RNST	C	0.24%	0.03%	0.03%
RPAY	D	0.0%	0.01%	0.0%
SAFT	C	0.14%	0.02%	0.02%
SASR	B	0.16%	0.02%	0.02%
SBCF	C	0.28%	0.03%	0.03%
SBSI	B	0.11%	0.01%	0.01%
SFNC	B	0.31%	0.04%	0.04%
SKWD	B	0.15%	0.02%	0.02%
SMBC	A	0.06%	0.01%	0.01%
SNEX	A	0.27%	0.03%	0.03%
SPFI	B	0.03%	0.01%	0.01%
SPNT	B	0.16%	0.02%	0.02%
SRCE	B	0.08%	0.02%	0.02%
STBA	B	0.2%	0.03%	0.03%
SYBT	B	0.2%	0.02%	0.02%
TBBK	B	0.3%	0.04%	0.04%
TCBI	C	0.11%	0.04%	0.04%
TCBK	B	0.15%	0.02%	0.02%
THFF	B	0.06%	0.01%	0.01%
TIPT	B	0.0%	0.01%	0.0%
TMP	B	0.08%	0.01%	0.01%
TOWN	B	0.26%	0.04%	0.04%
TRMK	B	0.24%	0.03%	0.03%
TRST	B	0.08%	0.01%	0.01%
UFCS	C	0.05%	0.01%	0.01%
UVE	C	0.06%	0.01%	0.01%
UVSP	C	0.1%	0.01%	0.01%
VBTX	B	0.16%	0.02%	0.02%
VCTR	C	0.11%	0.03%	0.03%
VRTS	C	0.18%	0.02%	0.02%
WABC	C	0.17%	0.02%	0.02%
WAFD	B	0.33%	0.04%	0.04%
WASH	B	0.06%	0.01%	0.01%
WRLD	D	0.05%	0.01%	0.01%
WSBC	C	0.21%	0.03%	0.03%
WSFS	B	0.38%	0.05%	0.05%
WTM	C	0.0%	0.06%	0.0%

AVSC Overweight 990 Positions Relative to FNCL

Symbol	Grade	Weight
ANF	D	0.37%
OII	A	0.35%
MWA	B	0.34%
ATGE	B	0.34%
IDCC	A	0.33%
PRIM	B	0.33%
SKYW	C	0.33%
PATK	B	0.33%
KTOS	B	0.32%
AVA	B	0.32%
TRN	B	0.32%
AGIO	C	0.32%
MOD	B	0.32%
GVA	B	0.31%
SLVM	B	0.31%
MTX	D	0.31%
CWK	B	0.31%
HUBG	B	0.31%
INSW	D	0.3%
FTDR	B	0.3%
CCS	B	0.3%
FL	C	0.29%
PLUS	B	0.29%
HNI	B	0.29%
PRFT	A	0.29%
PLXS	B	0.29%
CPK	B	0.29%
WERN	C	0.28%
AROC	C	0.28%
ROCK	C	0.28%
PRGS	B	0.28%
SPB	D	0.28%
AZZ	D	0.28%
CDE	B	0.28%
CNK	A	0.28%
MGEE	B	0.28%
XPRO	B	0.27%
PINC	C	0.27%
PHIN	B	0.27%
REZI	B	0.27%
GRBK	B	0.27%
JBLU	C	0.26%
TTMI	D	0.26%
CARG	D	0.26%
EPAC	C	0.26%
UCTT	D	0.26%
MLKN	B	0.26%
ASTH	B	0.26%
MYRG	F	0.26%
PSMT	B	0.26%
ICFI	B	0.26%
MTRN	C	0.26%
NSSC	B	0.25%
TNC	C	0.25%
SXI	B	0.25%
TDS	C	0.25%
VRNT	B	0.25%
HWKN	C	0.25%
VSTO	A	0.25%
ENR	C	0.25%
HBI	B	0.24%
KMT	B	0.24%
JBI	C	0.24%
ROAD	B	0.24%
BEAM	C	0.24%
UFPT	B	0.24%
LAUR	B	0.24%
CWT	A	0.24%
HURN	C	0.23%
KSS	F	0.23%
NHC	B	0.23%
SCL	D	0.23%
MGNI	C	0.23%
NTB	C	0.22%
LGIH	C	0.22%
ANDE	C	0.22%
LZB	B	0.22%
HLX	C	0.22%
PDCO	D	0.22%
RIOT	F	0.22%
EPC	D	0.22%
TNK	D	0.21%
CENTA	F	0.21%
ADNT	F	0.21%
ROG	C	0.21%
HEES	C	0.21%
CAKE	C	0.21%
LGND	B	0.21%
GLNG	C	0.21%
YELP	F	0.21%
AWR	B	0.21%
BLBD	D	0.21%
TROX	D	0.21%
AIR	F	0.21%
LPG	D	0.2%
BLMN	D	0.2%
PLAB	F	0.2%
DNOW	B	0.2%
WGO	D	0.2%
EXTR	C	0.2%
SONO	F	0.19%
DAN	D	0.19%
ASPN	D	0.19%
SUPN	C	0.19%
GBX	C	0.19%
HE	C	0.19%
DHT	B	0.19%
BKD	C	0.19%
ADUS	C	0.19%
PRDO	B	0.19%
SGBX	F	0.19%
GPOR	D	0.19%
CRI	F	0.19%
VSCO	F	0.18%
THRM	C	0.18%
OI	D	0.18%
AMPH	D	0.18%
JELD	D	0.18%
NWN	B	0.18%
CPRX	C	0.18%
APOG	B	0.18%
AZTA	C	0.18%
KLIC	F	0.18%
POWL	D	0.18%
DO	B	0.18%
AMN	C	0.18%
NGVT	D	0.18%
OPEN	D	0.18%
AMWD	B	0.18%
BHE	A	0.18%
OXM	C	0.18%
CTS	D	0.18%
NTLA	D	0.18%
VSTS	D	0.17%
TRIP	F	0.17%
ABM	A	0.17%
STRA	D	0.17%
DVAX	F	0.17%
IART	F	0.17%
CNMD	F	0.17%
REVG	B	0.17%
TALO	D	0.17%
ODP	D	0.17%
PARR	D	0.17%
CORT	B	0.17%
LIVN	F	0.17%
DK	F	0.17%
VSAT	C	0.16%
OSW	C	0.16%
LNN	B	0.16%
ARRY	F	0.16%
SFL	F	0.16%
CAL	C	0.16%
COHU	F	0.16%
KFRC	B	0.15%
PLAY	F	0.15%
GO	F	0.15%
TPC	B	0.15%
ZD	F	0.15%
OEC	C	0.15%
XNCR	F	0.15%
CARS	B	0.15%
CSGS	D	0.15%
LILAK	B	0.15%
SCS	B	0.15%
SCSC	B	0.15%
BKE	B	0.15%
KALU	D	0.15%
GIII	D	0.14%
IMKTA	C	0.14%
SLCA	B	0.14%
BXC	C	0.14%
OMI	D	0.14%
HELE	F	0.14%
SGH	C	0.14%
MSGE	B	0.14%
IESC	C	0.14%
CRAI	D	0.14%
LCII	C	0.14%
SBH	C	0.14%
NMRK	B	0.14%
COLL	B	0.14%
MRC	B	0.14%
WMK	B	0.14%
WTTR	A	0.13%
MRTN	C	0.13%
NWL	C	0.13%
ATSG	C	0.13%
WWW	B	0.13%
KW	C	0.13%
CRGY	C	0.13%
KOS	F	0.13%
HAYW	C	0.13%
TILE	B	0.13%
HOV	B	0.13%
BTU	F	0.13%
KRP	D	0.13%
NX	C	0.13%
ARCH	F	0.13%
CLW	B	0.12%
AOSL	C	0.12%
VIR	C	0.12%
KLG	D	0.12%
ATEN	F	0.12%
PUBM	C	0.12%
BZH	B	0.12%
DOLE	A	0.12%
CLB	B	0.12%
INVA	A	0.12%
MCRI	B	0.12%
MP	F	0.12%
AVNS	B	0.12%
TRS	D	0.12%
DLX	B	0.12%
GPRE	D	0.12%
RLAY	D	0.12%
OMCL	D	0.12%
HRMY	C	0.12%
SHEN	C	0.12%
EYE	D	0.12%
AGX	B	0.12%
ARCB	C	0.12%
PRLB	C	0.11%
VITL	D	0.11%
HLIO	D	0.11%
UTI	B	0.11%
WOR	F	0.11%
ARHS	D	0.11%
USLM	B	0.11%
FDP	C	0.11%
UNFI	C	0.11%
CWH	C	0.11%
MMI	C	0.11%
VTOL	A	0.11%
GNK	D	0.11%
ASC	C	0.11%
PCT	C	0.11%
ANIP	B	0.11%
SSTK	C	0.11%
PLUG	F	0.11%
ACMR	F	0.11%
WNC	D	0.11%
NBR	C	0.11%
MTUS	C	0.11%
CDNA	B	0.11%
CBRL	D	0.11%
MATV	B	0.11%
SXC	A	0.11%
EVRI	C	0.11%
ECVT	C	0.11%
UTL	B	0.11%
CHEF	C	0.1%
IDT	C	0.1%
CNXN	B	0.1%
BELFB	B	0.1%
CDRE	C	0.1%
EWTX	D	0.1%
AXL	D	0.1%
XPEL	D	0.1%
EGY	B	0.1%
KOP	D	0.1%
GRC	B	0.1%
FA	B	0.1%
AHCO	C	0.1%
CECO	C	0.1%
ALGT	D	0.1%
PUMP	D	0.1%
NOVA	D	0.1%
IMAX	A	0.1%
NVRI	A	0.1%
PLYA	C	0.1%
CGEM	D	0.1%
CENX	D	0.1%
PCRX	F	0.1%
DXPE	B	0.09%
MNRO	C	0.09%
BJRI	F	0.09%
KELYA	B	0.09%
HAYN	B	0.09%
SWBI	B	0.09%
THR	C	0.09%
NAT	F	0.09%
TTGT	C	0.09%
CIFR	C	0.09%
MLR	B	0.09%
RYI	D	0.09%
KAR	C	0.09%
RGR	C	0.09%
JBSS	B	0.09%
NEP	F	0.09%
REX	C	0.09%
SBOW	D	0.09%
ASTE	D	0.09%
MBUU	D	0.09%
GES	C	0.09%
MATW	D	0.09%
HY	B	0.09%
SCVL	B	0.09%
DCO	B	0.09%
UTZ	F	0.09%
MORF	B	0.09%
HCSG	C	0.09%
ALG	D	0.08%
IIIN	C	0.08%
BGS	D	0.08%
TREE	C	0.08%
HSII	B	0.08%
LMB	B	0.08%
HI	C	0.08%
GCI	B	0.08%
PLRX	D	0.08%
EBS	C	0.08%
JJSF	B	0.08%
CTKB	D	0.08%
NR	B	0.08%
RES	C	0.08%
HSTM	B	0.08%
TDOC	F	0.08%
KN	C	0.08%
CNDT	B	0.08%
AMRC	F	0.08%
HZO	C	0.08%
VVI	D	0.08%
GDEN	D	0.08%
PAX	D	0.08%
AMRK	C	0.08%
PRM	B	0.08%
ASIX	C	0.08%
SPTN	C	0.08%
ETH	D	0.08%
CCRN	D	0.07%
SPRY	C	0.07%
FATE	C	0.07%
LEG	D	0.07%
OFIX	C	0.07%
CSTL	C	0.07%
MODG	C	0.07%
DRQ	F	0.07%
FULC	C	0.07%
KE	C	0.07%
ACEL	B	0.07%
HTLD	C	0.07%
BV	B	0.07%
ZIMV	C	0.07%
EBF	B	0.07%
RGNX	D	0.07%
STGW	D	0.07%
SMP	D	0.07%
NUVB	C	0.07%
THRY	D	0.07%
FOR	F	0.07%
GLDD	B	0.07%
DBRG	D	0.07%
CHUY	C	0.07%
GATO	C	0.07%
MDXG	C	0.07%
VIAV	D	0.07%
DAKT	B	0.07%
HCKT	A	0.07%
SNCY	D	0.07%
ORIC	C	0.07%
RCUS	D	0.07%
SCHL	F	0.07%
MCW	C	0.07%
MD	D	0.07%
PL	C	0.06%
OLO	D	0.06%
AVO	C	0.06%
MRCY	C	0.06%
ACCO	D	0.06%
AKRO	D	0.06%
USNA	F	0.06%
NBN	B	0.06%
ELVN	B	0.06%
VYGR	C	0.06%
HTBI	B	0.06%
LQDT	B	0.06%
ARCT	F	0.06%
SAH	B	0.06%
ANET	C	0.06%
SAGE	F	0.06%
QTRX	F	0.06%
NUS	F	0.06%
CCNE	B	0.06%
CMP	D	0.06%
ZEUS	D	0.06%
MYE	D	0.06%
CRK	F	0.06%
ITOS	B	0.06%
PTVE	C	0.06%
LASR	D	0.06%
MYGN	B	0.06%
DJCO	B	0.06%
SWI	C	0.06%
TK	D	0.06%
YOU	C	0.06%
ZIP	F	0.05%
METC	D	0.05%
PAHC	B	0.05%
APEI	B	0.05%
ZUMZ	B	0.05%
MEI	D	0.05%
MOV	D	0.05%
KIDS	D	0.05%
MUX	D	0.05%
TYRA	B	0.05%
TRDA	C	0.05%
RICK	D	0.05%
VPG	C	0.05%
LOVE	C	0.05%
TRC	B	0.05%
NVEC	A	0.05%
ORRF	B	0.05%
DDD	D	0.05%
ANIK	C	0.05%
INFN	C	0.05%
AGS	D	0.05%
ESQ	A	0.05%
CSV	B	0.05%
ETNB	D	0.05%
IMMR	C	0.05%
SLQT	C	0.05%
NPK	C	0.05%
SFIX	B	0.05%
CABO	D	0.05%
SBLK	D	0.05%
KODK	B	0.05%
GIC	D	0.05%
SHBI	B	0.05%
SD	C	0.05%
SRI	D	0.05%
CLNE	D	0.05%
GOGO	F	0.05%
CEVA	D	0.05%
LYTS	B	0.05%
RYAM	B	0.05%
TWI	D	0.05%
EDIT	D	0.05%
GRNT	C	0.05%
CMRE	D	0.05%
BRY	D	0.05%
MTW	D	0.05%
NTGR	B	0.05%
FLGT	C	0.05%
LXU	D	0.05%
GTN	D	0.05%
TTI	D	0.05%
CCCC	C	0.05%
OPY	C	0.05%
VERV	D	0.05%
ANNX	C	0.05%
SIGA	C	0.05%
ATRO	B	0.05%
NRC	D	0.05%
CLFD	B	0.05%
PLOW	C	0.05%
FFIC	C	0.05%
FC	C	0.05%
RDUS	D	0.05%
SRCL	B	0.04%
IPI	C	0.04%
FLWS	C	0.04%
AMPY	C	0.04%
EE	C	0.04%
AAOI	F	0.04%
HCAT	D	0.04%
CARE	C	0.04%
NRIM	C	0.04%
ADV	C	0.04%
ALRS	C	0.04%
ULH	C	0.04%
CENT	F	0.04%
SAVE	F	0.04%
USAP	B	0.04%
GLRE	A	0.04%
OSUR	D	0.04%
HIFS	B	0.04%
BMRC	C	0.04%
TBPH	C	0.04%
ALLO	D	0.04%
LILA	B	0.04%
NKTX	D	0.04%
LMNR	C	0.04%
MERC	F	0.04%
NGVC	A	0.04%
SHYF	B	0.04%
DRVN	C	0.04%
GCO	C	0.04%
RSI	C	0.04%
ODC	F	0.04%
AVNW	D	0.04%
SMHI	C	0.04%
INBK	B	0.04%
CNSL	A	0.04%
IRMD	C	0.04%
QURE	C	0.04%
WLDN	B	0.04%
REPL	D	0.04%
MLNK	C	0.04%
CRMT	C	0.04%
BHRB	B	0.04%
DBI	D	0.04%
AMCX	F	0.04%
TBI	D	0.04%
ERAS	C	0.04%
LINC	B	0.04%
MCFT	C	0.04%
MCBC	B	0.04%
OABI	D	0.04%
TITN	D	0.04%
VNDA	C	0.04%
BBW	D	0.04%
MSEX	C	0.04%
KURA	D	0.04%
ETWO	C	0.04%
HDSN	F	0.04%
NWPX	A	0.04%
RGP	D	0.04%
EGHT	C	0.04%
ARKO	D	0.04%
SGHC	B	0.04%
FFWM	C	0.04%
ABSI	C	0.04%
HVT	D	0.04%
FISI	B	0.04%
SOI	B	0.04%
CVGW	F	0.04%
HPK	C	0.04%
TERN	C	0.04%
SB	D	0.04%
WULF	C	0.04%
RMR	B	0.04%
FOXF	D	0.03%
BTBT	C	0.03%
LSEA	C	0.03%
SGC	C	0.03%
TGLS	C	0.03%
VLGEA	A	0.03%
MED	F	0.03%
AMPS	D	0.03%
TR	C	0.03%
MOFG	B	0.03%
PANL	F	0.03%
FIGS	C	0.03%
UTMD	D	0.03%
PSTX	C	0.03%
FSTR	D	0.03%
CRCT	C	0.03%
WTI	D	0.03%
INZY	C	0.03%
TLS	C	0.03%
SPOK	C	0.03%
MNTK	D	0.03%
INGN	C	0.03%
FARO	F	0.03%
JILL	C	0.03%
TRUE	C	0.03%
GNE	D	0.03%
TCMD	D	0.03%
VIRC	A	0.03%
RCKY	D	0.03%
AVD	D	0.03%
BRCC	D	0.03%
ACIC	C	0.03%
SSP	D	0.03%
MITK	C	0.03%
TSVT	C	0.03%
ENFN	C	0.03%
REPX	C	0.03%
EWCZ	F	0.03%
VREX	F	0.03%
ALTG	C	0.03%
MCS	D	0.03%
FNKO	C	0.03%
HNST	C	0.03%
CDXS	C	0.03%
INO	C	0.03%
WOW	C	0.03%
AESI	D	0.03%
PEPG	F	0.03%
MODV	F	0.03%
ATRI	C	0.03%
BOOM	F	0.03%
BOC	D	0.03%
WOOF	D	0.03%
MTRX	F	0.03%
LEU	F	0.03%
SMBK	B	0.03%
CVI	D	0.03%
JRVR	D	0.03%
TNYA	F	0.03%
CHGG	D	0.03%
ORN	D	0.03%
PACK	C	0.03%
CVEO	B	0.03%
ARTNA	C	0.03%
LOCO	A	0.03%
MPB	A	0.03%
KRO	D	0.03%
LEGH	B	0.03%
RBB	B	0.03%
FLIC	B	0.03%
LYEL	F	0.03%
NEWT	C	0.03%
DORM	B	0.03%
TH	F	0.03%
ENTA	C	0.03%
AXGN	C	0.03%
AAN	C	0.03%
ATNI	C	0.03%
OIS	D	0.03%
FRST	B	0.03%
TASK	C	0.03%
KALV	C	0.03%
SENEA	C	0.03%
PFIS	B	0.02%
TTSH	B	0.02%
HBB	C	0.02%
OLPX	C	0.02%
GRWG	F	0.02%
HOFT	D	0.02%
RELL	C	0.02%
IGMS	C	0.02%
ACNB	C	0.02%
INOD	C	0.02%
MGTX	D	0.02%
LAW	D	0.02%
AURA	C	0.02%
QUAD	D	0.02%
FLXS	C	0.02%
MASS	D	0.02%
CMT	D	0.02%
EHTH	D	0.02%
ALEC	C	0.02%
TTEC	D	0.02%
MYPS	D	0.02%
STTK	F	0.02%
ALDX	D	0.02%
FF	C	0.02%
LUNG	F	0.02%
EBTC	C	0.02%
CTRN	F	0.02%
QUIK	F	0.02%
EU	F	0.02%
ASLE	F	0.02%
VRA	D	0.02%
GLUE	D	0.02%
SFST	C	0.02%
RM	B	0.02%
JYNT	D	0.02%
HMST	C	0.02%
EPM	C	0.02%
NNBR	C	0.02%
FRBA	B	0.02%
ZYXI	D	0.02%
CVGI	D	0.02%
FRPH	B	0.02%
RNGR	C	0.02%
GHM	B	0.02%
LRMR	D	0.02%
MEC	B	0.02%
ORGO	C	0.02%
POWW	F	0.02%
TRAK	B	0.02%
PBYI	D	0.02%
PYXS	C	0.02%
ACDC	D	0.02%
NVRO	D	0.02%
SRG	D	0.02%
EPIX	F	0.02%
GDYN	C	0.02%
REI	C	0.02%
ACTG	C	0.02%
BVS	C	0.02%
CLAR	F	0.02%
MLYS	D	0.02%
DXLG	D	0.02%
JAKK	D	0.02%
FDMT	F	0.02%
MX	D	0.02%
WSBF	B	0.02%
LXFR	B	0.02%
SGHT	C	0.02%
LBPH	C	0.02%
OFLX	F	0.02%
JOUT	D	0.02%
NGS	C	0.02%
RLGT	C	0.02%
BWB	C	0.02%
PKE	F	0.02%
BLDE	C	0.02%
LTH	B	0.02%
ASUR	C	0.02%
LE	B	0.02%
DNUT	F	0.02%
HRTG	C	0.02%
PBPB	F	0.02%
HNRG	D	0.02%
CYRX	D	0.02%
NATR	D	0.02%
CRBU	D	0.02%
ANGO	C	0.02%
RBBN	C	0.02%
BLNK	C	0.02%
KRT	B	0.02%
PKOH	B	0.02%
PRTA	D	0.01%
RZLT	C	0.01%
UPLD	F	0.01%
AUPH	D	0.01%
OBT	B	0.01%
XBIT	C	0.01%
CTV	C	0.01%
ALCO	B	0.01%
NTIC	F	0.01%
RRBI	B	0.01%
TSQ	C	0.01%
MPX	C	0.01%
TBRG	D	0.01%
BCBP	B	0.01%
CWCO	D	0.01%
BGFV	F	0.01%
LWAY	F	0.01%
FREY	F	0.01%
EML	C	0.01%
LAKE	B	0.01%
XRX	F	0.01%
FLL	C	0.01%
HTZ	F	0.01%
PLPC	C	0.01%
PRME	F	0.01%
TLYS	D	0.01%
UA	D	0.01%
CRDF	F	0.01%
UAA	D	0.01%
PVBC	C	0.01%
FFNW	C	0.01%
CMTL	D	0.01%
ALXO	F	0.01%
CIVB	C	0.01%
EVBN	B	0.01%
FREE	A	0.01%
CBNK	B	0.01%
METCB	D	0.01%
EVCM	B	0.01%
INTT	D	0.01%
ZNTL	F	0.01%
ELYM	C	0.01%
DCGO	D	0.01%
PETS	F	0.01%
RMBL	F	0.01%
COOK	C	0.01%
STKS	C	0.01%
OPRT	D	0.01%
ATNM	D	0.01%
ACRV	C	0.01%
CSPI	C	0.01%
YORW	B	0.01%
ELEV	F	0.01%
LTRX	D	0.01%
ESOA	C	0.01%
HOWL	F	0.01%
TZOO	C	0.01%
GBIO	C	0.01%
NEXT	B	0.01%
RPTX	D	0.01%
GNTY	B	0.01%
VTYX	F	0.01%
DSGN	C	0.01%
MPAA	D	0.01%
RVLV	C	0.01%
SEER	C	0.01%
ULBI	C	0.01%
JANX	F	0.01%
FET	D	0.01%
KLXE	D	0.01%
SLDP	C	0.01%
RLMD	D	0.01%
PPTA	B	0.01%
ATHA	C	0.01%
FMAO	B	0.01%
UEIC	C	0.01%
CALX	C	0.01%
GAMB	C	0.01%
ATYR	C	0.01%
SPWH	F	0.01%
TSBK	B	0.01%
SGU	C	0.01%
IBEX	C	0.01%
ABCL	F	0.01%
TAYD	C	0.01%
BLFY	B	0.01%
BCML	B	0.01%
RCMT	F	0.01%
APPS	D	0.01%
MLAB	C	0.01%
CEIX	D	0.01%
LCUT	D	0.01%
MG	A	0.01%
BBCP	D	0.01%
COGT	C	0.01%
SWIM	D	0.01%
RMAX	C	0.01%
TDUP	C	0.01%
ITIC	A	0.01%
BSRR	C	0.01%
SKYT	F	0.01%
MFIN	D	0.01%
EVC	D	0.01%
ABOS	C	0.01%
KOD	D	0.01%
MVBF	C	0.01%
GEOS	F	0.01%
CZFS	C	0.01%
ADPT	C	0.01%
THRD	D	0.01%
LDI	D	0.01%
TRVI	C	0.01%
ARAY	D	0.01%
NAPA	F	0.01%
TG	C	0.01%
STRO	C	0.01%
ACU	C	0.01%
STHO	C	0.01%
SERA	C	0.01%
OPRX	F	0.01%
DSGR	C	0.0%
SPR	B	0.0%
SKY	B	0.0%
CHRD	D	0.0%
CODA	C	0.0%
MMSI	C	0.0%
FVCB	C	0.0%
NKSH	C	0.0%
LCNB	C	0.0%
SJM	C	0.0%
SVRA	C	0.0%
PDSB	D	0.0%
ENS	B	0.0%
RUSHA	B	0.0%
BCAB	D	0.0%
GEF	C	0.0%
PBH	C	0.0%
UONE	F	0.0%
MNSB	D	0.0%
MNTX	D	0.0%
HA	D	0.0%
BH	C	0.0%
GEF	C	0.0%
SRDX	C	0.0%
LUNA	F	0.0%
BARK	C	0.0%
RAPT	F	0.0%
RGCO	B	0.0%
CHMG	C	0.0%
SEM	B	0.0%
CMLS	F	0.0%
VTSI	D	0.0%
MXL	F	0.0%
SHLS	F	0.0%
NWFL	C	0.0%
MBCN	C	0.0%
PNRG	B	0.0%
AEIS	B	0.0%
FSS	B	0.0%
WMPN	B	0.0%
WDFC	B	0.0%
PLBC	B	0.0%
FEIM	B	0.0%
INMB	F	0.0%
RUSHB	C	0.0%
PESI	C	0.0%
NOTV	D	0.0%
ASYS	D	0.0%
GKOS	C	0.0%
RDVT	C	0.0%
WALD	F	0.0%
RXT	D	0.0%
SND	D	0.0%
PBI	C	0.0%
OB	C	0.0%
EPSN	C	0.0%
CNTY	D	0.0%
ISTR	B	0.0%
CMBM	F	0.0%
SKIN	F	0.0%
BSET	F	0.0%
AOUT	C	0.0%
DMAC	C	0.0%
NC	D	0.0%
ESCA	D	0.0%
DLTH	F	0.0%
SCYX	D	0.0%
SFM	B	0.0%
BWEN	D	0.0%
EXFY	D	0.0%
OVLY	B	0.0%
INFU	D	0.0%
SSBK	B	0.0%
TUSK	C	0.0%
VERA	D	0.0%
DHX	F	0.0%
KOSS	C	0.0%
AGYS	B	0.0%
SPWR	F	0.0%
ARC	C	0.0%
WEYS	A	0.0%
VOXX	F	0.0%
PRPH	F	0.0%
HFFG	C	0.0%
TWKS	C	0.0%
AIRS	D	0.0%
FDBC	C	0.0%
DC	F	0.0%
VABK	B	0.0%
AVXL	C	0.0%
FPH	B	0.0%
KYMR	B	0.0%
FUNC	B	0.0%
CPSS	C	0.0%
KVHI	F	0.0%
HLVX	F	0.0%
MYFW	C	0.0%
IBTA	F	0.0%
ALT	F	0.0%
BWFG	B	0.0%
PTGX	C	0.0%
GOCO	C	0.0%
IVAC	F	0.0%
VRDN	C	0.0%
KEQU	A	0.0%
GENC	A	0.0%
OMGA	F	0.0%
STRS	C	0.0%
CFFI	C	0.0%
OBIO	D	0.0%
VIGL	D	0.0%
BSVN	B	0.0%
SMID	D	0.0%
VSH	C	0.0%
BEEM	D	0.0%
PLL	F	0.0%
AMSWA	C	0.0%
ATLC	C	0.0%
ATLO	A	0.0%
CATO	F	0.0%
FNLC	C	0.0%
PTSI	C	0.0%
AXTI	D	0.0%
BCAL	C	0.0%
BYRN	F	0.0%
BELFA	A	0.0%
UNTY	B	0.0%
HURC	D	0.0%
HQI	D	0.0%
ORMP	C	0.0%
WTBA	C	0.0%
GIFI	D	0.0%
RGLS	D	0.0%
PKBK	B	0.0%
HBCP	B	0.0%
TRNS	D	0.0%
DLHC	D	0.0%
JWN	B	0.0%
FSBW	B	0.0%
ONTF	D	0.0%
UFI	F	0.0%
TWIN	D	0.0%
PCYO	C	0.0%
CXDO	C	0.0%
EB	F	0.0%
CRVS	C	0.0%
TCBX	C	0.0%
GSIT	D	0.0%
SRTS	C	0.0%
CZNC	C	0.0%
PAYS	B	0.0%
CCRD	F	0.0%
SKLZ	F	0.0%
CBAN	B	0.0%
FORR	D	0.0%
OM	F	0.0%
FBIZ	B	0.0%
OLMA	C	0.0%
PWOD	C	0.0%
HAIN	D	0.0%
WLFC	A	0.0%
PCB	B	0.0%
SEDG	F	0.0%
DIBS	F	0.0%

AVSC Underweight 208 Positions Relative to FNCL

Symbol	Grade	Weight
JPM	B	-8.63%
BRK.A	C	-8.12%
V	F	-5.81%
MA	C	-5.17%
BAC	D	-4.19%
WFC	C	-3.03%
GS	B	-2.3%
SPGI	C	-2.22%
AXP	A	-2.0%
MS	B	-1.81%
BLK	A	-1.8%
PGR	C	-1.79%
C	B	-1.77%
CB	A	-1.56%
MMC	A	-1.52%
BX	B	-1.43%
SCHW	F	-1.42%
ICE	A	-1.22%
KKR	B	-1.04%
MCO	A	-1.04%
PNC	A	-1.02%
CME	F	-1.02%
USB	C	-1.0%
AON	B	-0.91%
AJG	A	-0.87%
TFC	A	-0.84%
PYPL	C	-0.82%
COF	A	-0.81%
AFL	A	-0.74%
AIG	A	-0.74%
BK	A	-0.7%
APO	A	-0.69%
TRV	B	-0.69%
MET	A	-0.67%
PRU	B	-0.64%
COIN	D	-0.64%
ALL	C	-0.63%
FIS	B	-0.62%
AMP	D	-0.62%
MSCI	C	-0.6%
ACGL	D	-0.52%
DFS	B	-0.51%
HIG	B	-0.47%
SQ	F	-0.47%
WTW	A	-0.41%
MTB	B	-0.41%
FITB	A	-0.41%
ARES	A	-0.38%
NDAQ	B	-0.38%
GPN	D	-0.37%
STT	A	-0.36%
TROW	D	-0.35%
BRO	A	-0.34%
RJF	D	-0.33%
HBAN	B	-0.31%
SYF	B	-0.3%
RF	C	-0.3%
MKL	B	-0.3%
FCNCA	B	-0.3%
CBOE	C	-0.28%
CINF	A	-0.28%
CPAY	C	-0.28%
CFG	B	-0.28%
PFG	C	-0.27%
NTRS	B	-0.26%
EG	B	-0.24%
WRB	B	-0.24%
LPLA	F	-0.23%
KEY	B	-0.22%
L	B	-0.22%
FDS	F	-0.22%
RGA	A	-0.21%
FNF	B	-0.2%
EQH	B	-0.2%
EWBC	B	-0.18%
JKHY	B	-0.18%
RNR	B	-0.17%
ALLY	A	-0.17%
IBKR	D	-0.17%
TW	B	-0.17%
CG	B	-0.16%
HOOD	D	-0.16%
ERIE	A	-0.15%
FHN	B	-0.14%
KNSL	C	-0.14%
JEF	A	-0.14%
TOST	C	-0.13%
ORI	A	-0.13%
MORN	B	-0.13%
EVR	B	-0.13%
SF	A	-0.13%
PRI	B	-0.13%
AFG	B	-0.13%
AIZ	B	-0.13%
OWL	C	-0.12%
MKTX	D	-0.12%
WBS	B	-0.12%
WAL	B	-0.12%
GL	D	-0.12%
UNM	A	-0.12%
VOYA	D	-0.11%
SSB	B	-0.11%
WEX	D	-0.11%
PNFP	B	-0.11%
BPOP	B	-0.11%
HLI	B	-0.11%
ZION	B	-0.11%
CBSH	B	-0.11%
ESNT	B	-0.1%
MTG	B	-0.1%
AGNC	C	-0.1%
WTFC	C	-0.1%
CFR	B	-0.1%
SNV	B	-0.1%
CMA	B	-0.1%
SEIC	B	-0.1%
SOFI	D	-0.1%
CADE	B	-0.09%
STWD	C	-0.09%
RYAN	B	-0.09%
JXN	B	-0.09%
FAF	B	-0.09%
OMF	B	-0.09%
AFRM	F	-0.09%
COOP	B	-0.09%
AXS	B	-0.09%
BEN	D	-0.09%
PB	B	-0.09%
HOMB	B	-0.08%
SIGI	F	-0.08%
HLNE	B	-0.08%
LNC	B	-0.08%
COLB	B	-0.08%
RDN	B	-0.08%
AMG	B	-0.08%
IVZ	B	-0.08%
RLI	A	-0.08%
FNB	B	-0.08%
SLM	C	-0.07%
UMBF	B	-0.07%
AGO	C	-0.07%
FFIN	B	-0.07%
THG	A	-0.07%
JHG	A	-0.07%
HWC	C	-0.07%
PIPR	B	-0.07%
OZK	C	-0.07%
GBCI	B	-0.07%
UBSI	B	-0.07%
CNO	A	-0.06%
IBOC	B	-0.06%
SFBS	B	-0.06%
KMPR	B	-0.06%
AX	C	-0.06%
PFSI	C	-0.06%
EEFT	D	-0.06%
ESGR	C	-0.06%
MC	B	-0.06%
BGC	C	-0.05%
TPG	A	-0.05%
VLY	C	-0.05%
UCBI	B	-0.05%
WD	C	-0.05%
FBP	B	-0.05%
HASI	B	-0.05%
ASB	C	-0.05%
CACC	B	-0.05%
FOUR	D	-0.05%
VIRT	C	-0.04%
STEP	B	-0.04%
BXMT	D	-0.04%
PJT	B	-0.04%
BOKF	C	-0.04%
WU	D	-0.04%
UPST	C	-0.03%
FLYW	D	-0.03%
STC	C	-0.03%
RKT	B	-0.03%
OSCR	D	-0.03%
BANF	B	-0.03%
CNS	B	-0.03%
ABR	D	-0.03%
EFC	C	-0.02%
PMT	C	-0.02%
TRUP	B	-0.02%
ACT	B	-0.02%
FRHC	C	-0.02%
ARI	B	-0.02%
NNI	A	-0.02%
LADR	C	-0.02%
RC	C	-0.02%
CODI	B	-0.02%
PAY	C	-0.01%
PX	C	-0.01%
CTLP	B	-0.01%
TRTX	C	-0.01%
KREF	C	-0.01%
TFSL	C	-0.01%
BSIG	A	-0.01%
CFFN	C	-0.01%
FG	C	-0.01%
UWMC	B	-0.01%
BRSP	D	-0.01%
DX	C	-0.01%
RWT	C	-0.01%
CMTG	D	-0.01%
RILY	F	-0.0%
HGTY	C	-0.0%