AVSC vs. FSMD ETF Comparison

Comparison of Avantis U.S. Small Cap Equity ETF (AVSC) to Fidelity Small-Mid Factor ETF (FSMD)

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

$53.30

Average Daily Volume

92,137

Number of Holdings ^*

1120

* may have additional holdings in another (foreign) market

FSMD

Fidelity Small-Mid Factor ETF

FSMD Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$40.63

Average Daily Volume

100,750

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

Performance

Period	AVSC	FSMD
30 Days	1.55%	2.65%
60 Days	-1.46%	2.37%
90 Days	8.02%	8.36%
12 Months	19.38%	24.39%

170 Overlapping Holdings

Symbol	Grade	Weight in AVSC	Weight in FSMD	Overlap
ADUS	B	0.29%	0.13%	0.13%
AGX	B	0.17%	0.1%	0.1%
AMAL	B	0.09%	0.1%	0.09%
AMCX	F	0.03%	0.08%	0.03%
AMN	F	0.16%	0.09%	0.09%
AMPH	C	0.2%	0.12%	0.12%
ANDE	D	0.2%	0.09%	0.09%
ANIP	F	0.11%	0.09%	0.09%
APAM	C	0.0%	0.13%	0.0%
APOG	C	0.18%	0.09%	0.09%
ARCH	D	0.18%	0.11%	0.11%
ASC	D	0.1%	0.1%	0.1%
ASTH	B	0.28%	0.12%	0.12%
ATEN	C	0.12%	0.1%	0.1%
ATGE	D	0.36%	0.12%	0.12%
AVA	B	0.31%	0.15%	0.15%
AZZ	D	0.29%	0.1%	0.1%
BHE	C	0.21%	0.1%	0.1%
BKE	B	0.17%	0.11%	0.11%
BRY	F	0.04%	0.09%	0.04%
BTU	D	0.26%	0.13%	0.13%
CASH	B	0.22%	0.12%	0.12%
CASS	C	0.07%	0.09%	0.07%
CATY	C	0.25%	0.14%	0.14%
CECO	C	0.1%	0.08%	0.08%
CEIX	C	0.23%	0.14%	0.14%
CFB	C	0.1%	0.1%	0.1%
CHCO	B	0.21%	0.12%	0.12%
CHRD	F	0.0%	0.23%	0.0%
CLW	F	0.07%	0.05%	0.05%
CNXN	B	0.11%	0.09%	0.09%
COLL	C	0.15%	0.11%	0.11%
CORT	B	0.17%	0.14%	0.14%
CPF	B	0.09%	0.1%	0.09%
CPRX	B	0.2%	0.14%	0.14%
CRAI	C	0.14%	0.09%	0.09%
CSV	C	0.05%	0.09%	0.05%
CTBI	B	0.1%	0.1%	0.1%
CTS	D	0.18%	0.1%	0.1%
CUBI	F	0.2%	0.09%	0.09%
CWCO	D	0.01%	0.1%	0.01%
EBF	B	0.08%	0.08%	0.08%
EGY	D	0.08%	0.09%	0.08%
EIG	B	0.15%	0.11%	0.11%
ENS	D	0.0%	0.13%	0.0%
ENVA	C	0.25%	0.11%	0.11%
EPAC	B	0.28%	0.11%	0.11%
ETH	F	0.09%	0.09%	0.09%
FF	C	0.02%	0.11%	0.02%
FHI	B	0.18%	0.14%	0.14%
FSS	D	0.0%	0.15%	0.0%
FULT	D	0.28%	0.14%	0.14%
GIC	D	0.05%	0.07%	0.05%
GIII	C	0.17%	0.12%	0.12%
GKOS	D	0.0%	0.21%	0.0%
GNE	D	0.04%	0.11%	0.04%
GNW	B	0.26%	0.14%	0.14%
GPOR	C	0.22%	0.13%	0.13%
HCC	D	0.08%	0.11%	0.08%
HCI	C	0.1%	0.1%	0.1%
HCKT	C	0.08%	0.09%	0.08%
HCSG	C	0.1%	0.08%	0.08%
HE	D	0.15%	0.09%	0.09%
HMN	C	0.18%	0.11%	0.11%
HNI	C	0.3%	0.11%	0.11%
HSII	C	0.09%	0.08%	0.08%
HSTM	C	0.09%	0.1%	0.09%
HUBG	C	0.34%	0.11%	0.11%
HWKN	C	0.31%	0.11%	0.11%
IBCP	B	0.09%	0.1%	0.09%
ICFI	B	0.32%	0.13%	0.13%
IDT	C	0.1%	0.12%	0.1%
IESC	C	0.17%	0.09%	0.09%
IMKTA	D	0.14%	0.09%	0.09%
IMMR	D	0.04%	0.07%	0.04%
INSW	D	0.3%	0.13%	0.13%
INVA	B	0.14%	0.11%	0.11%
IOSP	D	0.1%	0.11%	0.1%
JBI	F	0.18%	0.06%	0.06%
JBSS	F	0.09%	0.09%	0.09%
KELYA	D	0.09%	0.07%	0.07%
KFRC	F	0.15%	0.09%	0.09%
KLG	C	0.14%	0.1%	0.1%
KRT	D	0.02%	0.06%	0.02%
KURA	C	0.02%	0.12%	0.02%
LGND	C	0.24%	0.12%	0.12%
LPG	F	0.18%	0.11%	0.11%
LZB	C	0.22%	0.11%	0.11%
MCB	C	0.07%	0.1%	0.07%
MCRI	C	0.13%	0.1%	0.1%
METC	F	0.04%	0.06%	0.04%
MLR	D	0.09%	0.07%	0.07%
MMSI	A	0.0%	0.2%	0.0%
MSBI	D	0.06%	0.09%	0.06%
MTX	F	0.31%	0.11%	0.11%
MWA	C	0.27%	0.12%	0.12%
NHC	D	0.23%	0.11%	0.11%
NMIH	B	0.37%	0.15%	0.15%
NPK	C	0.05%	0.08%	0.05%
NSSC	D	0.18%	0.08%	0.08%
NVEC	F	0.05%	0.08%	0.05%
OFG	C	0.27%	0.12%	0.12%
OSUR	D	0.04%	0.09%	0.04%
PAHC	B	0.06%	0.11%	0.06%
PANL	D	0.03%	0.07%	0.03%
PATK	A	0.37%	0.13%	0.13%
PBH	B	0.0%	0.16%	0.0%
PEBO	C	0.13%	0.1%	0.1%
PFBC	C	0.12%	0.1%	0.1%
PHIN	C	0.31%	0.13%	0.13%
PINC	C	0.27%	0.12%	0.12%
PLAB	D	0.19%	0.1%	0.1%
PLMR	B	0.32%	0.13%	0.13%
PLUS	B	0.31%	0.13%	0.13%
PLXS	B	0.28%	0.14%	0.14%
POWL	C	0.23%	0.09%	0.09%
PRDO	D	0.18%	0.1%	0.1%
PRGS	B	0.31%	0.13%	0.13%
PRIM	C	0.36%	0.11%	0.11%
QCRH	C	0.16%	0.11%	0.11%
REX	D	0.09%	0.1%	0.09%
RMR	C	0.05%	0.09%	0.05%
ROAD	A	0.24%	0.12%	0.12%
ROCK	D	0.26%	0.1%	0.1%
RUSHA	C	0.0%	0.11%	0.0%
SBH	C	0.17%	0.12%	0.12%
SCHL	D	0.08%	0.12%	0.08%
SCS	C	0.16%	0.09%	0.09%
SCSC	D	0.15%	0.1%	0.1%
SCVL	C	0.1%	0.1%	0.1%
SEM	D	0.0%	0.14%	0.0%
SFM	B	0.0%	0.26%	0.0%
SIGA	D	0.05%	0.08%	0.05%
SKWD	C	0.17%	0.11%	0.11%
SKYW	C	0.32%	0.12%	0.12%
SLVM	B	0.25%	0.13%	0.13%
SMP	C	0.08%	0.09%	0.08%
SNEX	C	0.29%	0.12%	0.12%
SPNT	C	0.18%	0.11%	0.11%
SPOK	C	0.03%	0.11%	0.03%
SRCE	C	0.07%	0.1%	0.07%
SSTK	F	0.1%	0.1%	0.1%
STRA	D	0.2%	0.12%	0.12%
SUPN	D	0.22%	0.14%	0.14%
SXC	F	0.09%	0.07%	0.07%
TDS	B	0.3%	0.15%	0.15%
THFF	C	0.06%	0.09%	0.06%
TK	C	0.07%	0.12%	0.07%
TNC	D	0.23%	0.09%	0.09%
TNK	D	0.16%	0.11%	0.11%
TPC	C	0.15%	0.08%	0.08%
TRNS	C	0.0%	0.1%	0.0%
UFPT	C	0.32%	0.12%	0.12%
USLM	B	0.12%	0.09%	0.09%
UTI	D	0.1%	0.09%	0.09%
UTL	B	0.12%	0.11%	0.11%
UTMD	F	0.03%	0.09%	0.03%
UVE	B	0.07%	0.1%	0.07%
UVSP	B	0.11%	0.1%	0.1%
VCTR	B	0.1%	0.12%	0.1%
VNDA	D	0.04%	0.09%	0.04%
VSH	F	0.08%	0.1%	0.08%
VSTO	B	0.29%	0.12%	0.12%
WABC	D	0.17%	0.11%	0.11%
WDFC	C	0.0%	0.14%	0.0%
WSBC	C	0.22%	0.12%	0.12%
WTFC	C	0.01%	0.2%	0.01%
YELP	F	0.23%	0.13%	0.13%
ZD	D	0.17%	0.15%	0.15%
ZYXI	F	0.02%	0.09%	0.02%

AVSC Overweight 950 Positions Relative to FSMD

Symbol	Grade	Weight
WAFD	B	0.37%
BKU	C	0.36%
AGIO	D	0.35%
WSFS	D	0.34%
TRN	C	0.34%
BOH	C	0.33%
SFNC	B	0.33%
CPK	A	0.33%
PRFT	A	0.33%
PRK	C	0.32%
LIVN	D	0.32%
SPB	B	0.32%
CARG	B	0.31%
CDE	C	0.31%
INDB	C	0.31%
FHB	C	0.31%
CWK	B	0.3%
OII	D	0.3%
TBBK	B	0.3%
CCS	B	0.29%
CNK	B	0.29%
MGEE	A	0.29%
PPBI	D	0.29%
GVA	B	0.29%
WERN	D	0.29%
PFS	C	0.29%
FFBC	C	0.29%
CVBF	C	0.29%
FL	D	0.28%
HTLF	B	0.28%
CRI	C	0.28%
EBC	B	0.28%
TOWN	B	0.28%
SBCF	C	0.28%
PSMT	B	0.28%
ENR	D	0.27%
HBI	B	0.27%
NBTB	D	0.27%
EVTC	D	0.27%
LAUR	C	0.27%
GRBK	B	0.27%
FRME	D	0.27%
BANR	B	0.26%
BANC	C	0.26%
KMT	B	0.26%
REZI	D	0.26%
IBTX	B	0.26%
KLIC	D	0.25%
CWT	A	0.25%
MGNI	C	0.25%
JBLU	D	0.25%
MLKN	D	0.25%
SXI	D	0.25%
KSS	F	0.25%
TTMI	D	0.25%
PRG	B	0.25%
HURN	C	0.24%
KOS	F	0.24%
MTRN	F	0.24%
RNST	D	0.24%
EFSC	C	0.24%
TRMK	C	0.24%
LGIH	C	0.24%
CALX	D	0.24%
XPRO	F	0.24%
VSTS	D	0.23%
EPC	F	0.23%
BLBD	C	0.23%
NTLA	F	0.23%
CAKE	D	0.23%
NTB	C	0.23%
FBNC	C	0.22%
CENTA	D	0.22%
FCF	C	0.22%
VSCO	C	0.22%
DFIN	B	0.22%
AGM	D	0.22%
EXTR	C	0.22%
BEAM	F	0.21%
NBHC	D	0.21%
SCL	D	0.21%
STBA	C	0.21%
OI	D	0.21%
ROG	D	0.21%
NWBI	C	0.21%
LKFN	C	0.21%
SYBT	C	0.21%
FBK	B	0.21%
DHT	C	0.2%
GSHD	C	0.2%
PDCO	D	0.2%
BHF	F	0.2%
CNMD	D	0.2%
UCTT	F	0.2%
WGO	D	0.2%
VRNT	F	0.2%
REVG	D	0.19%
HLX	F	0.19%
HTH	C	0.19%
GLNG	D	0.19%
TALO	F	0.19%
GBX	C	0.19%
LOB	B	0.19%
OMCL	C	0.19%
SASR	B	0.19%
ADNT	F	0.19%
NWN	B	0.19%
BKD	D	0.18%
BLMN	F	0.18%
LCII	C	0.18%
CAL	F	0.18%
TROX	F	0.18%
CDNA	C	0.18%
THRM	D	0.18%
HEES	D	0.18%
BUSE	C	0.18%
NEP	D	0.18%
HOPE	C	0.18%
DAN	F	0.17%
OPEN	D	0.17%
AMWD	C	0.17%
VBTX	B	0.17%
CSGS	C	0.17%
DVAX	D	0.17%
NATL	D	0.17%
VRTS	D	0.17%
OXM	D	0.17%
SFL	D	0.17%
CRGY	F	0.17%
SONO	F	0.17%
AZTA	D	0.17%
MYRG	F	0.17%
HAYW	D	0.16%
LC	C	0.16%
JELD	D	0.16%
ARCB	D	0.16%
LILAK	C	0.16%
NOVA	C	0.16%
LNN	C	0.16%
OMI	D	0.15%
KW	C	0.15%
DOLE	A	0.15%
BHLB	C	0.15%
OSW	C	0.15%
HELE	D	0.15%
MP	D	0.15%
TILE	B	0.15%
SAFT	C	0.15%
THS	C	0.15%
MQ	F	0.15%
ABM	D	0.15%
HRMY	B	0.15%
NIC	C	0.15%
MSGE	B	0.15%
XNCR	C	0.15%
NGVT	F	0.15%
RIOT	F	0.15%
TCBK	C	0.15%
DK	F	0.15%
NAVI	C	0.15%
PARR	F	0.14%
PLAY	F	0.14%
AVNS	B	0.14%
FDP	B	0.14%
PTGX	B	0.14%
KRP	D	0.14%
COHU	D	0.14%
GABC	C	0.14%
WWW	B	0.14%
CARS	D	0.14%
KALU	D	0.14%
DNOW	D	0.14%
TRIP	F	0.14%
CNNE	D	0.14%
WMK	C	0.14%
ODP	F	0.13%
AMRC	C	0.13%
ATSG	D	0.13%
SGH	F	0.13%
MRC	D	0.13%
HOV	C	0.13%
WTTR	D	0.13%
MRTN	D	0.13%
OCFC	B	0.13%
HLIO	D	0.13%
CHEF	C	0.13%
VSAT	F	0.13%
MMI	C	0.12%
CNOB	B	0.12%
PCT	C	0.12%
AMSF	C	0.12%
FBMS	B	0.12%
CWH	C	0.12%
XPEL	D	0.12%
GO	F	0.12%
TRS	D	0.12%
VITL	D	0.12%
IMAX	C	0.12%
WOR	F	0.12%
AKRO	C	0.12%
LMND	D	0.12%
NWL	C	0.12%
TCBI	B	0.12%
BZH	B	0.12%
AHCO	B	0.12%
SBSI	C	0.12%
RLAY	D	0.12%
OBK	D	0.12%
EVRI	C	0.12%
FA	B	0.12%
NX	D	0.12%
MATV	B	0.12%
FMBH	B	0.11%
CBRL	F	0.11%
ECPG	C	0.11%
DLX	D	0.11%
CSTL	B	0.11%
KN	D	0.11%
WNC	F	0.11%
BFC	B	0.11%
ACMR	F	0.11%
ARRY	F	0.11%
MD	C	0.11%
OEC	F	0.11%
AOSL	D	0.11%
BXC	D	0.11%
BRKL	C	0.11%
UNFI	C	0.11%
UTZ	C	0.11%
PFC	C	0.11%
VTOL	D	0.11%
DCOM	B	0.11%
OSBC	B	0.1%
SPTN	C	0.1%
BELFB	C	0.1%
AMRK	C	0.1%
KOP	F	0.1%
HFWA	C	0.1%
MODG	F	0.1%
SHEN	F	0.1%
PRLB	D	0.1%
GPRE	F	0.1%
GRC	D	0.1%
LMB	C	0.1%
HAYN	D	0.1%
MBUU	D	0.1%
NAT	D	0.1%
PLUG	F	0.1%
EYE	F	0.1%
PLYA	D	0.1%
CLB	D	0.1%
HI	F	0.1%
CDRE	C	0.1%
VIR	F	0.1%
PRAA	F	0.1%
BV	B	0.1%
GNK	D	0.1%
DCO	B	0.1%
CGEM	D	0.1%
MBIN	C	0.1%
AXL	F	0.09%
BGS	D	0.09%
ECVT	F	0.09%
MATW	F	0.09%
CENX	D	0.09%
FCBC	B	0.09%
HBNC	B	0.09%
ALGT	F	0.09%
PUMP	F	0.09%
AESI	C	0.09%
DXPE	C	0.09%
BJRI	D	0.09%
VIAV	D	0.09%
GDEN	D	0.09%
THR	D	0.09%
ASTE	F	0.09%
MNRO	D	0.09%
WULF	D	0.09%
TGLS	B	0.09%
RGR	F	0.09%
GATO	B	0.09%
ASIX	C	0.09%
MBWM	C	0.09%
RCUS	C	0.09%
BY	C	0.09%
AIN	F	0.09%
SWI	B	0.08%
SWBI	D	0.08%
GT	F	0.08%
HAFC	C	0.08%
HTBK	C	0.08%
HZO	C	0.08%
CRK	D	0.08%
PCRX	F	0.08%
HY	D	0.08%
FOR	D	0.08%
STGW	B	0.08%
DJCO	B	0.08%
NR	D	0.08%
TRST	C	0.08%
OFIX	C	0.08%
ACEL	C	0.08%
NBR	F	0.08%
EGBN	C	0.08%
ARHS	F	0.08%
CNDT	C	0.08%
MSEX	C	0.08%
TMP	C	0.08%
GLDD	C	0.08%
VC	F	0.08%
GES	F	0.08%
MTUS	F	0.08%
AMTB	D	0.08%
DBRG	D	0.08%
PUBM	F	0.08%
TREE	C	0.08%
PLRX	F	0.08%
VVI	D	0.08%
PRA	C	0.08%
GCI	D	0.08%
ORRF	B	0.07%
CIFR	F	0.07%
HTBI	B	0.07%
IART	F	0.07%
WASH	B	0.07%
RBCAA	C	0.07%
HONE	C	0.07%
LEG	D	0.07%
ANET	C	0.07%
AAP	F	0.07%
DRVN	C	0.07%
PLOW	C	0.07%
IMXI	D	0.07%
SMBC	C	0.07%
GSBC	D	0.07%
RSI	C	0.07%
GDOT	C	0.07%
RYAM	B	0.07%
TTGT	F	0.07%
FMNB	C	0.07%
CEVA	C	0.07%
CAC	C	0.07%
HTLD	D	0.07%
ORIC	D	0.07%
DAKT	D	0.07%
RYI	F	0.07%
RGNX	D	0.07%
MDXG	F	0.07%
ITOS	F	0.07%
CCB	C	0.07%
SPRY	C	0.07%
THRY	D	0.07%
VAC	F	0.07%
ALG	D	0.07%
FULC	F	0.07%
TDOC	D	0.07%
AVO	B	0.07%
SGHC	C	0.07%
EQBK	B	0.07%
SNCY	F	0.07%
CTKB	F	0.07%
CHUY	B	0.07%
NUVB	D	0.07%
RES	F	0.07%
EZPW	D	0.07%
BFST	B	0.07%
IIIN	D	0.07%
KIDS	C	0.06%
KE	F	0.06%
AXGN	B	0.06%
AROW	C	0.06%
CLBK	C	0.06%
BHB	B	0.06%
EBS	D	0.06%
PTVE	D	0.06%
NTGR	C	0.06%
WLDN	B	0.06%
ZIMV	D	0.06%
NFBK	C	0.06%
ARCT	F	0.06%
AIR	C	0.06%
REPL	C	0.06%
NBN	C	0.06%
CCRN	F	0.06%
CLFD	C	0.06%
AAOI	D	0.06%
CVGW	B	0.06%
OLO	F	0.06%
OPY	D	0.06%
LASR	F	0.06%
CCNE	C	0.06%
CLNE	C	0.06%
ERAS	D	0.06%
MYE	F	0.06%
ACCO	C	0.06%
MCW	D	0.06%
TERN	C	0.06%
ANNX	C	0.06%
MRCY	C	0.06%
AMBC	F	0.06%
BHRB	C	0.06%
LQDT	B	0.06%
CMRE	D	0.06%
HVT	D	0.05%
ANIK	D	0.05%
MPB	B	0.05%
KAR	D	0.05%
IRMD	B	0.05%
HIFS	C	0.05%
FIGS	F	0.05%
FFWM	D	0.05%
UFCS	D	0.05%
AGS	D	0.05%
USAP	C	0.05%
TRDA	F	0.05%
CABO	F	0.05%
KRNY	D	0.05%
SAGE	F	0.05%
LXU	D	0.05%
KODK	D	0.05%
TRC	C	0.05%
NGVC	B	0.05%
FISI	C	0.05%
LMNR	B	0.05%
VERV	F	0.05%
MLNK	C	0.05%
PL	F	0.05%
HRTG	C	0.05%
TYRA	D	0.05%
FFIC	C	0.05%
RDUS	D	0.05%
NUS	F	0.05%
ZUMZ	D	0.05%
TDC	F	0.05%
ETNB	F	0.05%
ATRO	D	0.05%
SD	F	0.05%
ZEUS	F	0.05%
ZIP	D	0.05%
CCBG	B	0.05%
LPRO	F	0.05%
FATE	F	0.05%
GRNT	D	0.05%
BBW	C	0.05%
GOGO	F	0.05%
TWI	D	0.05%
NRC	F	0.05%
NWPX	C	0.05%
MUX	D	0.05%
DHIL	C	0.05%
CCCC	D	0.05%
PGC	C	0.05%
QTRX	F	0.05%
SHBI	B	0.05%
ESQ	A	0.05%
LYTS	C	0.05%
SLQT	F	0.05%
SAH	D	0.05%
FC	D	0.05%
FLGT	D	0.05%
USNA	F	0.05%
SAVE	F	0.04%
GCO	F	0.04%
OIS	F	0.04%
MTRX	C	0.04%
AVNW	F	0.04%
FDMT	F	0.04%
VPG	F	0.04%
LEGH	B	0.04%
GTN	F	0.04%
SRCL	A	0.04%
LINC	C	0.04%
INGN	C	0.04%
MOV	F	0.04%
APEI	D	0.04%
MCFT	D	0.04%
INBK	C	0.04%
MGPI	C	0.04%
BMRC	C	0.04%
ATNI	C	0.04%
SENEA	B	0.04%
LEU	F	0.04%
NKTX	F	0.04%
ARTNA	C	0.04%
EDIT	F	0.04%
ETWO	C	0.04%
ULH	C	0.04%
ABSI	F	0.04%
LILA	C	0.04%
OCUL	C	0.04%
CLOV	C	0.04%
LOVE	C	0.04%
RGP	D	0.04%
MLAB	C	0.04%
EE	C	0.04%
TH	C	0.04%
MEI	F	0.04%
ALRS	C	0.04%
MCS	C	0.04%
FNKO	C	0.04%
HPK	D	0.04%
CVI	F	0.04%
RBB	B	0.04%
MTW	F	0.04%
BVS	B	0.04%
HDSN	F	0.04%
SB	D	0.04%
ALLO	D	0.04%
SRI	F	0.04%
SHYF	D	0.04%
WOOF	C	0.04%
OABI	D	0.04%
HCAT	C	0.04%
ODC	D	0.04%
GDYN	C	0.04%
LOCO	B	0.04%
VYGR	F	0.04%
SFIX	D	0.04%
FOXF	F	0.04%
CVEO	B	0.04%
NRIM	C	0.04%
GLRE	B	0.04%
MCBS	B	0.04%
SPFI	C	0.04%
TTI	F	0.04%
SMBK	A	0.04%
ARKO	D	0.04%
WRLD	D	0.04%
FSBC	B	0.04%
DNUT	D	0.04%
SBLK	D	0.04%
MODV	F	0.04%
CARE	B	0.04%
CNSL	A	0.04%
RICK	F	0.04%
CMP	F	0.04%
MNTK	F	0.03%
FMAO	B	0.03%
JAKK	D	0.03%
ORN	F	0.03%
FRPH	D	0.03%
ENFN	D	0.03%
MED	F	0.03%
NGS	D	0.03%
FRBA	B	0.03%
LTH	B	0.03%
BOOM	F	0.03%
LSEA	C	0.03%
TRUE	D	0.03%
EPIX	C	0.03%
PBPB	D	0.03%
RM	B	0.03%
EGHT	F	0.03%
JRVR	F	0.03%
GLUE	C	0.03%
TR	C	0.03%
RCKY	C	0.03%
PKE	C	0.03%
TASK	D	0.03%
PKOH	C	0.03%
VIRC	C	0.03%
TBI	F	0.03%
ANGO	C	0.03%
INZY	C	0.03%
FLWS	D	0.03%
VREX	F	0.03%
ENTA	F	0.03%
TSVT	C	0.03%
DBI	F	0.03%
ACIC	D	0.03%
PFIS	C	0.03%
FRST	D	0.03%
SMHI	F	0.03%
BSRR	C	0.03%
KALV	F	0.03%
QURE	F	0.03%
MOFG	B	0.03%
VRDN	C	0.03%
CRMT	F	0.03%
AUPH	C	0.03%
CRCT	D	0.03%
LXFR	C	0.03%
DDD	F	0.03%
FARO	D	0.03%
REPX	D	0.03%
VLGEA	A	0.03%
NEWT	F	0.03%
TCMD	C	0.03%
MERC	F	0.03%
AMPY	D	0.03%
INOD	D	0.03%
KRO	D	0.03%
IPI	C	0.03%
HNST	C	0.03%
ADV	C	0.03%
TITN	F	0.03%
AAN	C	0.03%
WOW	D	0.03%
PACK	D	0.03%
FLIC	C	0.03%
TBPH	D	0.03%
CENT	D	0.03%
ALDX	C	0.03%
BOC	C	0.03%
OBT	C	0.02%
STTK	F	0.02%
SSP	F	0.02%
ACDC	F	0.02%
NAPA	F	0.02%
JYNT	F	0.02%
APPS	D	0.02%
LAW	D	0.02%
BCAL	D	0.02%
NFE	F	0.02%
HOFT	D	0.02%
NNBR	F	0.02%
IBTA	D	0.02%
ORGO	D	0.02%
PGNY	F	0.02%
CLAR	F	0.02%
SFST	C	0.02%
CIVB	C	0.02%
AVXL	D	0.02%
PEPG	F	0.02%
EU	D	0.02%
MG	C	0.02%
BLNK	F	0.02%
HAIN	D	0.02%
EBTC	B	0.02%
DXLG	F	0.02%
ACNB	C	0.02%
ALEC	D	0.02%
CMT	C	0.02%
RELL	D	0.02%
LUNG	D	0.02%
LDI	C	0.02%
ALTG	F	0.02%
FLXS	B	0.02%
TAYD	B	0.02%
RPAY	F	0.02%
SRG	F	0.02%
OLPX	C	0.02%
OSPN	B	0.02%
WLFC	B	0.02%
TNYA	F	0.02%
LBPH	D	0.02%
STRO	D	0.02%
DCGO	D	0.02%
TRAK	B	0.02%
WSBF	B	0.02%
GAMB	C	0.02%
CHGG	F	0.02%
AVD	F	0.02%
HMST	B	0.02%
EPM	C	0.02%
JILL	F	0.02%
NATR	F	0.02%
OLMA	D	0.02%
JOUT	D	0.02%
BWB	B	0.02%
HNRG	F	0.02%
PYXS	D	0.02%
IIIV	D	0.02%
INO	F	0.02%
MX	F	0.02%
RNGR	C	0.02%
RBBN	F	0.02%
THRD	C	0.02%
CRBU	F	0.02%
SGC	D	0.02%
TLS	F	0.02%
ACTG	D	0.02%
OFLX	D	0.02%
PAX	F	0.02%
AMPS	F	0.02%
RLGT	C	0.02%
LE	D	0.02%
BRCC	F	0.02%
SGHT	D	0.02%
BLDE	D	0.02%
ASUR	C	0.02%
CDXS	F	0.02%
FSTR	D	0.02%
HBB	B	0.02%
DGICA	B	0.02%
CYRX	F	0.02%
SEB	C	0.02%
LGF.A	D	0.02%
BTBT	F	0.02%
INFN	B	0.02%
LRMR	F	0.02%
AURA	C	0.02%
REI	D	0.02%
MLYS	F	0.02%
GHM	D	0.02%
SWIM	C	0.02%
PRTA	D	0.02%
ADPT	C	0.02%
ITIC	B	0.02%
WTI	F	0.02%
EWCZ	F	0.02%
MEC	B	0.02%
STKS	F	0.01%
DIBS	D	0.01%
RRBI	C	0.01%
ALCO	C	0.01%
TBRG	C	0.01%
FLL	D	0.01%
TLYS	F	0.01%
IRON	D	0.01%
PVBC	D	0.01%
VIGL	D	0.01%
PEBK	F	0.01%
TWKS	C	0.01%
RCAT	C	0.01%
GBIO	F	0.01%
OPRT	F	0.01%
KEQU	F	0.01%
CFFI	C	0.01%
INTT	F	0.01%
RPTX	D	0.01%
NTIC	F	0.01%
CSPI	F	0.01%
CRVS	C	0.01%
EXFY	C	0.01%
PWOD	C	0.01%
ZNTL	D	0.01%
XBIT	C	0.01%
SRTS	D	0.01%
PETS	D	0.01%
METCB	F	0.01%
PSTX	D	0.01%
HOWL	F	0.01%
UEIC	F	0.01%
RLMD	F	0.01%
CMTL	D	0.01%
YORW	C	0.01%
LAKE	D	0.01%
CBNK	B	0.01%
RMBL	D	0.01%
SEER	D	0.01%
SERA	C	0.01%
PSNL	C	0.01%
GRPN	F	0.01%
ONTF	D	0.01%
LCUT	F	0.01%
MPAA	D	0.01%
EML	C	0.01%
CRDF	D	0.01%
OPRX	F	0.01%
ISTR	B	0.01%
ELYM	C	0.01%
ATYR	C	0.01%
ABCL	F	0.01%
KLXE	F	0.01%
LTRX	D	0.01%
TTEC	F	0.01%
VTYX	D	0.01%
PLPC	D	0.01%
TSBK	C	0.01%
BSVN	C	0.01%
HBCP	B	0.01%
BCML	C	0.01%
BCBP	C	0.01%
UNTY	C	0.01%
IBEX	B	0.01%
BELFA	B	0.01%
KOD	F	0.01%
ALT	D	0.01%
ULBI	F	0.01%
MVBF	D	0.01%
ABOS	F	0.01%
BBCP	F	0.01%
NVRO	F	0.01%
SPWH	D	0.01%
COOK	C	0.01%
BLFY	C	0.01%
HBT	C	0.01%
RCMT	D	0.01%
MASS	F	0.01%
ACRV	C	0.01%
LWAY	C	0.01%
GENC	D	0.01%
RVLV	B	0.01%
FET	F	0.01%
CBAN	B	0.01%
SGU	C	0.01%
MYPS	F	0.01%
EVBN	A	0.01%
FSBW	B	0.01%
MGTX	F	0.01%
MFIN	D	0.01%
EHTH	F	0.01%
DSGN	C	0.01%
CZFS	C	0.01%
LGF.A	D	0.01%
CVGI	F	0.01%
TZOO	C	0.01%
TCBX	A	0.01%
ESOA	C	0.01%
EVCM	D	0.01%
QUIK	F	0.01%
FFNW	B	0.01%
EVC	D	0.01%
CTRN	F	0.01%
FBIZ	C	0.01%
VRA	F	0.01%
STHO	C	0.01%
GNTY	B	0.01%
PBYI	F	0.01%
ACU	C	0.01%
ASLE	F	0.01%
RMAX	C	0.01%
TRVI	C	0.01%
GRWG	F	0.01%
GEOS	D	0.01%
TG	B	0.01%
QUAD	F	0.01%
RZLT	C	0.01%
NRDS	D	0.01%
TTSH	D	0.01%
SPR	D	0.0%
DSGR	B	0.0%
SKY	B	0.0%
CODA	B	0.0%
CRD.B	C	0.0%
FVCB	C	0.0%
NKSH	D	0.0%
LCNB	B	0.0%
SJM	C	0.0%
PDSB	F	0.0%
SVRA	F	0.0%
CRD.B	C	0.0%
GEF	D	0.0%
CMLS	F	0.0%
MNTX	D	0.0%
UONE	F	0.0%
RAPT	F	0.0%
MNSB	D	0.0%
BH	D	0.0%
GEF	D	0.0%
SRDX	D	0.0%
RGCO	C	0.0%
CHMG	C	0.0%
INMB	F	0.0%
HA	B	0.0%
BARK	C	0.0%
AEIS	D	0.0%
NWFL	C	0.0%
MBCN	C	0.0%
PLBC	C	0.0%
WMPN	D	0.0%
LUNA	F	0.0%
ATHA	F	0.0%
PNRG	B	0.0%
PESI	C	0.0%
RUSHB	C	0.0%
TMCI	F	0.0%
ASYS	C	0.0%
EB	F	0.0%
ATNM	F	0.0%
WTM	D	0.0%
SND	D	0.0%
TKNO	C	0.0%
CNTY	F	0.0%
NC	F	0.0%
RXT	D	0.0%
FORR	D	0.0%
OB	D	0.0%
EPSN	D	0.0%
PBI	D	0.0%
AOUT	F	0.0%
DHX	F	0.0%
ESCA	F	0.0%
DLTH	D	0.0%
BSET	C	0.0%
WALD	D	0.0%
COUR	F	0.0%
OVLY	C	0.0%
SSBK	C	0.0%
TUSK	D	0.0%
INFU	D	0.0%
DMAC	C	0.0%
TIPT	B	0.0%
GOCO	F	0.0%
ABCB	B	0.0%
AXTI	F	0.0%
AIRS	F	0.0%
WEYS	B	0.0%
VTSI	F	0.0%
DOUG	C	0.0%
HFFG	D	0.0%
ARC	A	0.0%
FDBC	C	0.0%
DC	D	0.0%
RDVT	B	0.0%
HLVX	D	0.0%
KVHI	C	0.0%
VABK	B	0.0%
FPH	C	0.0%
CPSS	C	0.0%
OBIO	F	0.0%
FUNC	A	0.0%
IVAC	F	0.0%
VEL	B	0.0%
MYFW	C	0.0%
STRS	C	0.0%
BWFG	B	0.0%
BEEM	F	0.0%
PTSI	D	0.0%
ATLO	D	0.0%
CATO	F	0.0%
ATLC	D	0.0%
FNLC	C	0.0%
KOSS	D	0.0%
SMID	D	0.0%
GIFI	F	0.0%
PRLD	F	0.0%
KINS	C	0.0%
SHLS	D	0.0%
FEIM	C	0.0%
ORMP	D	0.0%
DLHC	F	0.0%
PRME	F	0.0%
PAYS	D	0.0%
HURC	D	0.0%
HQI	C	0.0%
MITK	F	0.0%
IGMS	C	0.0%
PCYO	C	0.0%
CZNC	C	0.0%
PKBK	A	0.0%
SKLZ	D	0.0%
AMSWA	C	0.0%
UFI	C	0.0%
PLL	F	0.0%
CXDO	C	0.0%
WTBA	C	0.0%
SEDG	F	0.0%
HTZ	F	0.0%
PCB	C	0.0%
TSQ	F	0.0%
TWIN	D	0.0%
CTV	D	0.0%
BYRN	C	0.0%
SKYT	C	0.0%
GCBC	D	0.0%
RGLS	F	0.0%
CCRD	C	0.0%
MPX	D	0.0%

AVSC Underweight 409 Positions Relative to FSMD

Symbol	Grade	Weight
NRG	C	-0.39%
LII	A	-0.38%
MANH	A	-0.37%
EME	A	-0.37%
TPL	C	-0.36%
THC	B	-0.36%
UTHR	C	-0.36%
NTNX	C	-0.36%
RPM	B	-0.35%
L	C	-0.34%
PCVX	B	-0.34%
GWRE	A	-0.34%
TOL	B	-0.34%
NTRA	B	-0.34%
LYV	C	-0.34%
ROL	B	-0.33%
NWSA	D	-0.33%
UHS	B	-0.33%
RNR	B	-0.33%
ELS	B	-0.33%
CPT	B	-0.32%
IBKR	B	-0.32%
PSTG	D	-0.32%
CASY	C	-0.32%
ERIE	B	-0.32%
SNA	B	-0.32%
TW	A	-0.32%
WSO	C	-0.32%
RGA	B	-0.32%
PNR	A	-0.32%
NDSN	C	-0.31%
REG	B	-0.31%
GGG	C	-0.31%
AMH	B	-0.31%
DKS	D	-0.3%
TFX	B	-0.3%
OC	C	-0.3%
ACM	B	-0.3%
JNPR	B	-0.3%
CUBE	A	-0.3%
TTEK	B	-0.29%
SRPT	F	-0.29%
EQH	C	-0.29%
JLL	B	-0.29%
SCI	A	-0.29%
REXR	C	-0.28%
ALLE	A	-0.28%
CLH	B	-0.28%
NBIX	D	-0.28%
BSY	D	-0.28%
WING	B	-0.28%
OHI	B	-0.27%
TXRH	D	-0.27%
MTCH	C	-0.27%
KNSL	C	-0.27%
BLD	D	-0.27%
AIZ	C	-0.27%
CW	B	-0.27%
SOLV	C	-0.27%
SW	B	-0.27%
BXP	A	-0.27%
LAMR	A	-0.27%
EWBC	D	-0.27%
CHRW	C	-0.27%
CPB	B	-0.26%
ATR	A	-0.26%
MUSA	B	-0.26%
DOX	C	-0.26%
INCY	C	-0.26%
FIX	B	-0.26%
FTI	D	-0.26%
WWD	D	-0.25%
NNN	B	-0.25%
HII	D	-0.25%
HRB	C	-0.25%
UNM	B	-0.25%
ENSG	A	-0.25%
CHDN	B	-0.25%
BJ	D	-0.25%
EHC	B	-0.25%
DUOL	C	-0.25%
NYT	C	-0.25%
TAP	C	-0.25%
ITT	C	-0.25%
CACI	B	-0.25%
TPR	C	-0.25%
RGLD	B	-0.24%
SKX	C	-0.24%
DTM	B	-0.24%
PRI	B	-0.24%
DVA	A	-0.24%
ORI	B	-0.24%
HRL	C	-0.24%
CHK	D	-0.24%
FRT	B	-0.24%
BFAM	B	-0.24%
CHE	C	-0.24%
NVT	D	-0.24%
INGR	B	-0.24%
AFG	B	-0.24%
WAL	B	-0.24%
OGE	B	-0.24%
GL	C	-0.24%
ONTO	D	-0.24%
OLED	C	-0.23%
ELAN	D	-0.23%
ADC	B	-0.23%
GMED	D	-0.23%
TPX	C	-0.23%
SNX	D	-0.23%
EVR	B	-0.23%
HLI	A	-0.23%
HALO	B	-0.23%
FHN	C	-0.23%
AOS	D	-0.23%
LECO	D	-0.23%
EXEL	A	-0.23%
BRX	B	-0.23%
SF	B	-0.23%
HSIC	D	-0.23%
GPK	A	-0.23%
FR	B	-0.22%
BRBR	C	-0.22%
WBS	D	-0.22%
PLNT	B	-0.22%
CIEN	C	-0.22%
DINO	F	-0.22%
MHK	B	-0.22%
BWXT	D	-0.22%
ALLY	F	-0.22%
WMS	D	-0.22%
MORN	C	-0.22%
CMA	B	-0.22%
EXP	A	-0.22%
MTN	D	-0.21%
NFG	A	-0.21%
ESNT	B	-0.21%
BPOP	C	-0.21%
AYI	B	-0.21%
BERY	B	-0.21%
STAG	B	-0.21%
VOYA	A	-0.21%
LNTH	C	-0.21%
FN	D	-0.21%
CBSH	B	-0.21%
TTC	D	-0.21%
RBC	D	-0.21%
MEDP	D	-0.21%
RGEN	F	-0.21%
CRUS	D	-0.21%
OWL	C	-0.21%
CROX	C	-0.21%
DCI	D	-0.21%
SPSC	D	-0.2%
RLI	B	-0.2%
SAIC	B	-0.2%
ARW	C	-0.2%
ZION	D	-0.2%
ACI	D	-0.2%
ALV	F	-0.2%
DOCS	B	-0.2%
GNTX	F	-0.2%
AIT	C	-0.2%
MLI	B	-0.2%
ALSN	B	-0.2%
SEIC	C	-0.2%
RL	B	-0.2%
BWA	F	-0.2%
TMHC	B	-0.2%
MTH	B	-0.2%
FCN	C	-0.2%
AXTA	C	-0.2%
MTG	B	-0.2%
COKE	C	-0.19%
UFPI	C	-0.19%
MASI	D	-0.19%
KBH	B	-0.19%
NOVT	D	-0.19%
CR	C	-0.19%
CRBG	D	-0.19%
EPRT	A	-0.19%
CVLT	B	-0.19%
G	B	-0.19%
SN	B	-0.19%
AXS	B	-0.19%
HLNE	B	-0.19%
BRKR	D	-0.19%
SSD	C	-0.19%
ADMA	C	-0.19%
ANF	D	-0.19%
WH	B	-0.19%
SNV	C	-0.19%
WFRD	D	-0.19%
OSK	D	-0.18%
RDN	C	-0.18%
TREX	F	-0.18%
AAON	A	-0.18%
MSA	D	-0.18%
BKH	A	-0.18%
PI	B	-0.18%
EXLS	B	-0.18%
CBT	B	-0.18%
NXST	D	-0.18%
NSIT	C	-0.18%
SIGI	C	-0.18%
VRNS	C	-0.18%
RHI	D	-0.18%
CNX	B	-0.18%
OLLI	C	-0.18%
BMI	A	-0.18%
LSTR	D	-0.18%
DBX	D	-0.18%
POST	C	-0.18%
COOP	B	-0.18%
THG	A	-0.18%
UGI	B	-0.18%
CNM	F	-0.17%
APPF	D	-0.17%
OMF	D	-0.17%
UMBF	B	-0.17%
CMC	D	-0.17%
FLS	D	-0.17%
R	B	-0.17%
WMG	D	-0.17%
ITGR	B	-0.17%
CTRE	A	-0.17%
CIVI	F	-0.17%
ALTR	D	-0.17%
ALE	B	-0.17%
AMG	C	-0.17%
BPMC	F	-0.17%
ALKS	C	-0.17%
BCPC	C	-0.17%
ESI	D	-0.17%
PRCT	B	-0.17%
ACIW	B	-0.17%
OGN	C	-0.17%
MTSI	D	-0.17%
SR	A	-0.17%
JXN	B	-0.17%
KD	D	-0.17%
SON	C	-0.17%
MGY	D	-0.17%
BGC	B	-0.16%
ZETA	B	-0.16%
KNF	B	-0.16%
HOG	C	-0.16%
PIPR	B	-0.16%
MMS	D	-0.16%
ASGN	D	-0.16%
FTDR	B	-0.16%
MHO	B	-0.16%
WU	F	-0.16%
SLM	D	-0.16%
CSWI	B	-0.16%
BYD	C	-0.16%
EEFT	F	-0.16%
AVT	D	-0.16%
TENB	D	-0.16%
VMI	D	-0.16%
WTS	C	-0.16%
FLO	C	-0.16%
VVV	D	-0.16%
NHI	B	-0.16%
DY	C	-0.16%
IBP	C	-0.16%
ESTC	F	-0.16%
AWI	C	-0.16%
ACLX	B	-0.16%
QTWO	B	-0.16%
MOG.A	B	-0.16%
AXNX	B	-0.16%
ESAB	C	-0.16%
AGCO	D	-0.16%
EXPO	B	-0.16%
VNT	D	-0.16%
ASO	C	-0.16%
GPI	B	-0.16%
CUZ	B	-0.16%
NWE	A	-0.16%
KRYS	D	-0.16%
RDNT	B	-0.16%
LRN	B	-0.15%
SLGN	B	-0.15%
PBF	F	-0.15%
AROC	D	-0.15%
SUM	D	-0.15%
AMED	D	-0.15%
ABG	F	-0.15%
AGR	B	-0.15%
KTB	A	-0.15%
DLB	D	-0.15%
BCC	C	-0.15%
NSA	A	-0.15%
VIRT	B	-0.15%
DORM	B	-0.15%
CRNX	C	-0.15%
LOPE	D	-0.15%
NEU	C	-0.15%
WLK	D	-0.15%
TPH	C	-0.15%
FUL	D	-0.15%
BCO	B	-0.15%
OZK	D	-0.15%
BNL	A	-0.15%
QLYS	F	-0.15%
DXC	C	-0.15%
ZWS	B	-0.15%
ESGR	D	-0.15%
TKR	D	-0.15%
MDU	B	-0.15%
TGNA	C	-0.14%
ASB	D	-0.14%
SANM	D	-0.14%
COLM	B	-0.14%
LANC	D	-0.14%
CRVL	B	-0.14%
IDCC	B	-0.14%
LBRT	D	-0.14%
OTTR	D	-0.14%
AEO	F	-0.14%
IBOC	C	-0.14%
VRRM	D	-0.14%
SHOO	B	-0.14%
HAE	D	-0.14%
FBP	D	-0.14%
AN	D	-0.14%
CVCO	B	-0.14%
MATX	C	-0.14%
KRC	C	-0.14%
ASH	D	-0.14%
PSN	B	-0.14%
CNO	B	-0.14%
HIW	A	-0.14%
STNG	D	-0.14%
CALM	B	-0.13%
DEI	A	-0.13%
PAG	D	-0.13%
MSM	D	-0.13%
PJT	C	-0.13%
CNXC	D	-0.13%
LEVI	C	-0.13%
PEGA	C	-0.13%
UE	B	-0.13%
KAI	C	-0.13%
BRC	B	-0.13%
SQSP	A	-0.13%
STRL	C	-0.13%
TNL	F	-0.13%
FORM	F	-0.13%
WEN	C	-0.13%
AX	D	-0.13%
KFY	B	-0.13%
AMKR	D	-0.13%
GHC	C	-0.13%
CHH	C	-0.13%
FELE	D	-0.13%
ACA	C	-0.13%
SXT	D	-0.13%
SHO	D	-0.12%
USM	B	-0.12%
LTC	B	-0.12%
GTES	C	-0.12%
CBZ	F	-0.12%
ADTN	F	-0.12%
OSIS	C	-0.12%
VCEL	F	-0.12%
REYN	C	-0.12%
VGR	C	-0.12%
LMAT	B	-0.12%
AMRX	B	-0.12%
CACC	F	-0.12%
EQC	B	-0.12%
AAT	B	-0.11%
MIR	F	-0.11%
HIMS	D	-0.11%
PDM	B	-0.11%
GOLF	D	-0.11%
DEA	B	-0.11%
PPC	D	-0.11%
TWST	D	-0.11%
PLTK	D	-0.11%
MCY	C	-0.11%
MGRC	F	-0.11%
ACT	A	-0.11%
ALRM	F	-0.11%
EWTX	D	-0.11%
UNF	B	-0.11%
GEO	D	-0.1%
OLP	A	-0.1%
INFA	D	-0.1%
URBN	D	-0.1%
USPH	F	-0.1%
MRVI	C	-0.1%
XHR	C	-0.1%
SLP	F	-0.09%
BBSI	B	-0.09%
ALX	B	-0.09%
FIZZ	F	-0.09%
VECO	F	-0.09%
WSR	D	-0.09%
PGRE	C	-0.09%
AMR	F	-0.09%
CXW	D	-0.09%
TPB	C	-0.09%
STAA	F	-0.09%
DDS	D	-0.09%
WINA	D	-0.09%
SMLR	F	-0.07%