AVSC vs. SPSM ETF Comparison

Comparison of Avantis U.S. Small Cap Equity ETF (AVSC) to SPDR Portfolio Small Cap ETF (SPSM)

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

$53.52

Average Daily Volume

73,261

Number of Holdings ^*

1117

* may have additional holdings in another (foreign) market

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.73

Average Daily Volume

1,324,359

Number of Holdings ^*

587

* may have additional holdings in another (foreign) market

Performance

Period	AVSC	SPSM
30 Days	0.11%	-0.69%
60 Days	2.43%	2.69%
90 Days	5.87%	6.18%
12 Months	22.26%	23.85%

336 Overlapping Holdings

Symbol	Grade	Weight in AVSC	Weight in SPSM	Overlap
AAP	F	0.07%	0.17%	0.07%
ABCB	C	0.0%	0.3%	0.0%
ADNT	F	0.2%	0.14%	0.14%
ADUS	C	0.29%	0.17%	0.17%
AHCO	D	0.12%	0.08%	0.08%
AIN	F	0.13%	0.17%	0.13%
AIR	F	0.05%	0.16%	0.05%
ALG	C	0.1%	0.13%	0.1%
ALGT	A	0.12%	0.07%	0.07%
ALRM	F	0.09%	0.2%	0.09%
AMBC	D	0.07%	0.04%	0.04%
AMN	F	0.15%	0.11%	0.11%
AMPH	A	0.22%	0.14%	0.14%
AMR	F	0.01%	0.16%	0.01%
AMSF	B	0.13%	0.07%	0.07%
AMWD	B	0.17%	0.11%	0.11%
ANDE	F	0.2%	0.11%	0.11%
ANIP	F	0.11%	0.07%	0.07%
AORT	A	0.1%	0.08%	0.08%
AOSL	D	0.12%	0.06%	0.06%
APOG	A	0.19%	0.12%	0.12%
ARCB	F	0.17%	0.18%	0.17%
ARCH	C	0.21%	0.19%	0.19%
ASIX	B	0.09%	0.06%	0.06%
ASTE	C	0.09%	0.05%	0.05%
ASTH	C	0.19%	0.17%	0.17%
ATEN	B	0.13%	0.08%	0.08%
ATGE	A	0.37%	0.21%	0.21%
AVA	D	0.3%	0.23%	0.23%
AVNS	F	0.13%	0.08%	0.08%
AXL	F	0.09%	0.05%	0.05%
AZZ	C	0.29%	0.17%	0.17%
BANC	B	0.26%	0.16%	0.16%
BANR	B	0.29%	0.17%	0.17%
BFH	C	0.35%	0.19%	0.19%
BGS	C	0.09%	0.05%	0.05%
BHE	A	0.23%	0.12%	0.12%
BHLB	B	0.15%	0.09%	0.09%
BJRI	C	0.11%	0.06%	0.06%
BKE	A	0.17%	0.1%	0.1%
BKU	D	0.36%	0.19%	0.19%
BLMN	F	0.17%	0.09%	0.09%
BOH	A	0.33%	0.19%	0.19%
BRKL	A	0.12%	0.07%	0.07%
BTU	A	0.28%	0.23%	0.23%
CABO	C	0.08%	0.12%	0.08%
CAKE	A	0.23%	0.15%	0.15%
CAL	F	0.14%	0.08%	0.08%
CALX	F	0.23%	0.16%	0.16%
CARG	B	0.31%	0.21%	0.21%
CARS	D	0.13%	0.07%	0.07%
CASH	B	0.23%	0.14%	0.14%
CATY	B	0.26%	0.25%	0.25%
CBRL	C	0.14%	0.08%	0.08%
CCS	D	0.24%	0.19%	0.19%
CEIX	B	0.26%	0.21%	0.21%
CENT	D	0.03%	0.02%	0.02%
CENTA	D	0.2%	0.11%	0.11%
CENX	B	0.11%	0.07%	0.07%
CEVA	D	0.07%	0.04%	0.04%
CHCO	C	0.21%	0.13%	0.13%
CHEF	D	0.15%	0.1%	0.1%
CLB	A	0.11%	0.06%	0.06%
CLW	F	0.06%	0.03%	0.03%
CNK	A	0.27%	0.23%	0.23%
CNMD	D	0.22%	0.14%	0.14%
CNSL	A	0.04%	0.03%	0.03%
CNXN	D	0.1%	0.06%	0.06%
COHU	C	0.15%	0.09%	0.09%
COLL	F	0.14%	0.09%	0.09%
CORT	A	0.21%	0.33%	0.21%
CPF	C	0.1%	0.06%	0.06%
CPK	D	0.32%	0.2%	0.2%
CPRX	A	0.2%	0.18%	0.18%
CRGY	A	0.19%	0.14%	0.14%
CRK	B	0.0%	0.08%	0.0%
CSGS	B	0.17%	0.1%	0.1%
CTKB	F	0.06%	0.04%	0.04%
CTS	A	0.19%	0.11%	0.11%
CUBI	F	0.16%	0.1%	0.1%
CVBF	B	0.32%	0.19%	0.19%
CVI	F	0.04%	0.06%	0.04%
CWK	B	0.3%	0.22%	0.22%
CWT	D	0.21%	0.23%	0.21%
DAN	F	0.17%	0.1%	0.1%
DCOM	B	0.14%	0.08%	0.08%
DFIN	F	0.2%	0.13%	0.13%
DGII	B	0.0%	0.08%	0.0%
DIOD	F	0.16%	0.22%	0.16%
DLX	F	0.1%	0.06%	0.06%
DNOW	D	0.14%	0.1%	0.1%
DVAX	A	0.17%	0.1%	0.1%
DXPE	C	0.08%	0.05%	0.05%
ECPG	F	0.11%	0.08%	0.08%
EGBN	B	0.1%	0.05%	0.05%
EIG	C	0.15%	0.09%	0.09%
ENR	A	0.29%	0.16%	0.16%
ENVA	A	0.28%	0.17%	0.17%
EPAC	A	0.3%	0.18%	0.18%
EPC	F	0.21%	0.13%	0.13%
ETD	F	0.09%	0.05%	0.05%
EVTC	D	0.25%	0.16%	0.16%
EXTR	B	0.23%	0.14%	0.14%
EYE	D	0.09%	0.06%	0.06%
EZPW	B	0.08%	0.04%	0.04%
FBK	B	0.23%	0.13%	0.13%
FBNC	D	0.22%	0.13%	0.13%
FCF	D	0.22%	0.13%	0.13%
FDP	A	0.14%	0.07%	0.07%
FFBC	B	0.3%	0.18%	0.18%
FHB	A	0.33%	0.23%	0.23%
FL	D	0.26%	0.15%	0.15%
FLGT	C	0.05%	0.03%	0.03%
FOXF	F	0.07%	0.12%	0.07%
GBX	A	0.22%	0.12%	0.12%
GDEN	F	0.08%	0.05%	0.05%
GDOT	B	0.08%	0.05%	0.05%
GES	F	0.07%	0.04%	0.04%
GIII	C	0.14%	0.09%	0.09%
GNW	D	0.26%	0.22%	0.22%
GO	F	0.11%	0.12%	0.11%
GOGO	F	0.05%	0.03%	0.03%
GPRE	D	0.09%	0.05%	0.05%
GSHD	A	0.24%	0.17%	0.17%
GVA	A	0.29%	0.27%	0.27%
HAFC	A	0.09%	0.05%	0.05%
HAIN	A	0.04%	0.06%	0.04%
HAYN	A	0.09%	0.06%	0.06%
HAYW	A	0.16%	0.16%	0.16%
HBI	A	0.3%	0.18%	0.18%
HCI	B	0.12%	0.07%	0.07%
HCSG	A	0.1%	0.06%	0.06%
HELE	C	0.17%	0.11%	0.11%
HFWA	A	0.1%	0.06%	0.06%
HI	F	0.11%	0.15%	0.11%
HLX	F	0.17%	0.1%	0.1%
HMN	A	0.19%	0.11%	0.11%
HNI	D	0.28%	0.18%	0.18%
HOPE	D	0.18%	0.12%	0.12%
HP	C	0.0%	0.25%	0.0%
HRMY	D	0.17%	0.08%	0.08%
HSII	A	0.09%	0.06%	0.06%
HSTM	A	0.09%	0.05%	0.05%
HTH	F	0.18%	0.11%	0.11%
HTLD	F	0.06%	0.04%	0.04%
HTZ	F	0.01%	0.03%	0.01%
HUBG	C	0.32%	0.2%	0.2%
HWKN	D	0.32%	0.17%	0.17%
HZO	F	0.07%	0.04%	0.04%
IART	C	0.07%	0.1%	0.07%
IBTX	C	0.28%	0.16%	0.16%
IIIN	F	0.06%	0.04%	0.04%
INDB	B	0.33%	0.2%	0.2%
INVA	C	0.14%	0.08%	0.08%
IOSP	F	0.16%	0.2%	0.16%
JBLU	D	0.25%	0.16%	0.16%
JBSS	F	0.09%	0.06%	0.06%
KALU	C	0.15%	0.08%	0.08%
KAR	D	0.04%	0.13%	0.04%
KELYA	D	0.08%	0.05%	0.05%
KLG	F	0.13%	0.09%	0.09%
KLIC	B	0.29%	0.17%	0.17%
KMT	B	0.23%	0.15%	0.15%
KN	D	0.13%	0.11%	0.11%
KOP	F	0.09%	0.05%	0.05%
KSS	F	0.24%	0.16%	0.16%
KW	C	0.15%	0.1%	0.1%
KWR	D	0.04%	0.16%	0.04%
LCII	D	0.2%	0.21%	0.2%
LEG	F	0.07%	0.12%	0.07%
LGIH	D	0.23%	0.16%	0.16%
LGND	A	0.25%	0.15%	0.15%
LKFN	C	0.19%	0.12%	0.12%
LNN	D	0.16%	0.09%	0.09%
LPG	F	0.15%	0.08%	0.08%
LQDT	C	0.06%	0.04%	0.04%
LZB	D	0.21%	0.12%	0.12%
MATV	F	0.1%	0.06%	0.06%
MATW	D	0.08%	0.05%	0.05%
MCRI	A	0.13%	0.07%	0.07%
MCW	A	0.07%	0.04%	0.04%
MD	A	0.13%	0.08%	0.08%
MGEE	C	0.13%	0.25%	0.13%
MGPI	F	0.05%	0.06%	0.05%
MLAB	C	0.05%	0.05%	0.05%
MLKN	F	0.21%	0.12%	0.12%
MMI	D	0.11%	0.07%	0.07%
MMSI	B	0.0%	0.42%	0.0%
MNRO	A	0.09%	0.06%	0.06%
MODG	D	0.1%	0.11%	0.1%
MP	B	0.24%	0.16%	0.16%
MRCY	D	0.06%	0.13%	0.06%
MRTN	F	0.12%	0.07%	0.07%
MSEX	B	0.09%	0.09%	0.09%
MTRN	D	0.22%	0.16%	0.16%
MTUS	F	0.08%	0.04%	0.04%
MTX	B	0.31%	0.19%	0.19%
MYE	F	0.05%	0.04%	0.04%
MYRG	C	0.21%	0.14%	0.14%
NATL	D	0.2%	0.15%	0.15%
NAVI	F	0.15%	0.09%	0.09%
NBHC	B	0.2%	0.13%	0.13%
NBR	C	0.09%	0.05%	0.05%
NBTB	D	0.27%	0.16%	0.16%
NGVT	C	0.15%	0.09%	0.09%
NHC	D	0.22%	0.11%	0.11%
NMIH	D	0.26%	0.23%	0.23%
NPK	F	0.05%	0.03%	0.03%
NWBI	D	0.21%	0.13%	0.13%
NWL	A	0.13%	0.23%	0.13%
NWN	D	0.19%	0.12%	0.12%
NX	C	0.13%	0.1%	0.1%
ODP	C	0.13%	0.08%	0.08%
OFG	C	0.25%	0.14%	0.14%
OI	F	0.21%	0.14%	0.14%
OII	B	0.32%	0.18%	0.18%
OMCL	A	0.16%	0.14%	0.14%
OMI	F	0.12%	0.07%	0.07%
OXM	F	0.15%	0.08%	0.08%
PAHC	B	0.07%	0.04%	0.04%
PARR	F	0.11%	0.07%	0.07%
PATK	F	0.35%	0.22%	0.22%
PAYO	A	0.29%	0.16%	0.16%
PCRX	C	0.1%	0.06%	0.06%
PDCO	F	0.2%	0.12%	0.12%
PFBC	B	0.13%	0.08%	0.08%
PFS	C	0.31%	0.19%	0.19%
PGNY	F	0.02%	0.09%	0.02%
PHIN	C	0.23%	0.15%	0.15%
PINC	B	0.27%	0.16%	0.16%
PLAB	F	0.17%	0.11%	0.11%
PLAY	C	0.16%	0.08%	0.08%
PLMR	D	0.28%	0.18%	0.18%
PLUS	D	0.33%	0.19%	0.19%
PLXS	A	0.29%	0.28%	0.28%
POWL	A	0.33%	0.18%	0.18%
PPBI	C	0.31%	0.19%	0.19%
PRA	B	0.1%	0.06%	0.06%
PRAA	D	0.09%	0.06%	0.06%
PRDO	B	0.18%	0.1%	0.1%
PRG	C	0.24%	0.13%	0.13%
PRGS	B	0.34%	0.21%	0.21%
PRK	C	0.34%	0.19%	0.19%
PRLB	B	0.09%	0.05%	0.05%
PSMT	D	0.29%	0.17%	0.17%
PTEN	F	0.01%	0.21%	0.01%
PTGX	B	0.22%	0.2%	0.2%
PUMP	F	0.09%	0.05%	0.05%
RCUS	F	0.09%	0.07%	0.07%
RES	F	0.07%	0.04%	0.04%
REX	C	0.09%	0.05%	0.05%
REZI	C	0.28%	0.22%	0.22%
RGNX	F	0.05%	0.03%	0.03%
RGR	F	0.09%	0.05%	0.05%
RNST	B	0.25%	0.16%	0.16%
ROCK	D	0.24%	0.15%	0.15%
ROG	D	0.21%	0.13%	0.13%
SAFT	F	0.14%	0.09%	0.09%
SAH	A	0.05%	0.06%	0.05%
SBCF	C	0.28%	0.17%	0.17%
SBH	B	0.17%	0.09%	0.09%
SBSI	D	0.12%	0.07%	0.07%
SCHL	F	0.06%	0.05%	0.05%
SCL	F	0.2%	0.11%	0.11%
SCSC	F	0.12%	0.08%	0.08%
SCVL	F	0.09%	0.05%	0.05%
SDGR	F	0.0%	0.07%	0.0%
SEDG	F	0.0%	0.06%	0.0%
SFNC	B	0.33%	0.22%	0.22%
SHEN	D	0.1%	0.05%	0.05%
SJW	F	0.01%	0.13%	0.01%
SLVM	A	0.26%	0.22%	0.22%
SMP	C	0.07%	0.04%	0.04%
SNCY	A	0.08%	0.04%	0.04%
SNEX	A	0.32%	0.18%	0.18%
SONO	C	0.19%	0.11%	0.11%
SPNT	D	0.17%	0.1%	0.1%
SPTN	C	0.09%	0.05%	0.05%
SSTK	D	0.09%	0.05%	0.05%
STBA	D	0.19%	0.11%	0.11%
STRA	F	0.2%	0.16%	0.16%
SUPN	A	0.23%	0.14%	0.14%
SWI	B	0.07%	0.05%	0.05%
SXC	A	0.09%	0.05%	0.05%
SXI	A	0.26%	0.15%	0.15%
TALO	D	0.17%	0.09%	0.09%
TBBK	D	0.31%	0.2%	0.2%
TDS	B	0.38%	0.2%	0.2%
TFIN	B	0.24%	0.15%	0.15%
THRM	D	0.16%	0.09%	0.09%
THRY	F	0.07%	0.04%	0.04%
THS	D	0.15%	0.13%	0.13%
TILE	A	0.12%	0.08%	0.08%
TMP	A	0.1%	0.06%	0.06%
TNC	F	0.19%	0.13%	0.13%
TR	D	0.02%	0.04%	0.02%
TRIP	C	0.17%	0.13%	0.13%
TRMK	B	0.25%	0.16%	0.16%
TRN	C	0.38%	0.21%	0.21%
TRST	D	0.08%	0.05%	0.05%
TTGT	C	0.08%	0.06%	0.06%
TTMI	A	0.23%	0.14%	0.14%
TWI	F	0.05%	0.03%	0.03%
UCTT	F	0.19%	0.12%	0.12%
UFCS	F	0.04%	0.03%	0.03%
UFPT	C	0.29%	0.15%	0.15%
UNFI	B	0.16%	0.09%	0.09%
USNA	C	0.05%	0.03%	0.03%
USPH	D	0.04%	0.09%	0.04%
UTL	D	0.12%	0.07%	0.07%
VBTX	B	0.18%	0.11%	0.11%
VIAV	A	0.19%	0.15%	0.15%
VIR	A	0.1%	0.05%	0.05%
VRTS	C	0.19%	0.1%	0.1%
VSAT	F	0.1%	0.06%	0.06%
VSCO	A	0.28%	0.17%	0.17%
VSTO	A	0.31%	0.19%	0.19%
VSTS	F	0.21%	0.12%	0.12%
VTLE	F	0.09%	0.05%	0.05%
VTOL	D	0.11%	0.06%	0.06%
VVI	B	0.1%	0.06%	0.06%
WABC	B	0.17%	0.1%	0.1%
WAFD	D	0.36%	0.21%	0.21%
WERN	B	0.29%	0.17%	0.17%
WGO	D	0.2%	0.11%	0.11%
WKC	D	0.17%	0.14%	0.14%
WNC	D	0.1%	0.06%	0.06%
WOR	F	0.1%	0.09%	0.09%
WRLD	F	0.04%	0.03%	0.03%
WSFS	D	0.32%	0.22%	0.22%
WT	B	0.19%	0.09%	0.09%
WWW	B	0.16%	0.09%	0.09%
XNCR	A	0.14%	0.1%	0.1%
XPEL	F	0.11%	0.07%	0.07%
YELP	C	0.24%	0.17%	0.17%
ZD	D	0.18%	0.15%	0.15%

AVSC Overweight 781 Positions Relative to SPSM

Symbol	Grade	Weight
PRIM	A	0.4%
LIVN	D	0.35%
CDE	C	0.34%
AGIO	B	0.33%
SPB	C	0.31%
ICFI	A	0.3%
HTLF	A	0.3%
INSW	F	0.27%
FRME	D	0.27%
TOWN	D	0.27%
LAUR	A	0.26%
BHF	B	0.26%
MWA	A	0.26%
AGX	A	0.25%
EFSC	B	0.25%
SYBT	B	0.24%
EBC	C	0.23%
RIOT	C	0.23%
MGNI	D	0.23%
PCT	B	0.23%
GPOR	F	0.22%
WSBC	B	0.22%
CRI	F	0.22%
KOS	F	0.22%
HURN	A	0.22%
LC	B	0.21%
AZTA	D	0.21%
AGM	F	0.2%
GLNG	B	0.2%
HEES	C	0.2%
SASR	B	0.2%
NTB	D	0.2%
NSSC	F	0.19%
DHT	F	0.19%
FHI	A	0.19%
SKWD	B	0.19%
BLBD	C	0.19%
MQ	A	0.19%
TROX	F	0.18%
IESC	A	0.18%
CLOV	A	0.18%
REVG	C	0.18%
BEAM	D	0.18%
AKRO	A	0.17%
BUSE	D	0.17%
LOB	D	0.17%
TPC	B	0.17%
QCRH	A	0.17%
XPRO	F	0.16%
BKD	D	0.16%
NIC	B	0.16%
NEP	F	0.16%
LILAK	A	0.16%
HLIO	A	0.16%
VRNT	F	0.16%
SFL	F	0.16%
NTLA	F	0.16%
CRAI	B	0.16%
ATSG	A	0.15%
DOLE	B	0.15%
MSGE	C	0.15%
OSW	A	0.15%
VRDN	B	0.15%
USLM	A	0.15%
TCBK	C	0.15%
JELD	F	0.14%
OPEN	F	0.14%
SCS	F	0.14%
VC	F	0.14%
HE	F	0.14%
CNNE	A	0.14%
KRP	B	0.14%
GABC	A	0.14%
VSH	F	0.13%
FBMS	B	0.13%
WTTR	D	0.13%
CDNA	C	0.13%
MRC	F	0.13%
KFRC	D	0.13%
OCFC	C	0.13%
VITL	C	0.13%
WMK	C	0.13%
PEBO	B	0.13%
CNOB	D	0.12%
BXC	A	0.12%
BV	A	0.12%
CSTL	A	0.12%
CWH	F	0.12%
LMND	A	0.12%
IMAX	A	0.12%
OBK	F	0.12%
AMRC	B	0.12%
ACMR	D	0.12%
JBI	F	0.12%
GATO	B	0.12%
TRS	D	0.12%
DK	F	0.12%
BELFB	C	0.11%
TDC	C	0.11%
MBUU	A	0.11%
PLYA	B	0.11%
LMB	C	0.11%
CIFR	B	0.11%
DBRG	D	0.11%
UVSP	C	0.11%
FA	D	0.11%
GCI	C	0.11%
EVRI	A	0.11%
LEU	B	0.11%
HOV	C	0.11%
BFC	B	0.11%
IMKTA	D	0.11%
BZH	C	0.11%
PFC	B	0.11%
VAC	C	0.1%
PLRX	A	0.1%
RLAY	F	0.1%
UTZ	C	0.1%
BY	C	0.1%
GLDD	B	0.1%
UTI	B	0.1%
GRC	C	0.1%
DCO	D	0.1%
OEC	F	0.1%
MLR	A	0.1%
FMBH	D	0.1%
CDRE	D	0.1%
CTBI	B	0.1%
PLUG	C	0.1%
AESI	D	0.1%
ARRY	D	0.1%
NAT	F	0.09%
MBIN	F	0.09%
TDOC	C	0.09%
AMTB	D	0.09%
FCBC	D	0.09%
SGHC	B	0.09%
CFB	D	0.09%
THR	F	0.09%
HBNC	A	0.09%
GNK	D	0.09%
MBWM	D	0.09%
CCB	A	0.09%
OSBC	B	0.09%
CGEM	F	0.09%
IBCP	D	0.09%
DRVN	A	0.08%
HCKT	D	0.08%
REPL	A	0.08%
NBN	A	0.08%
HTBK	D	0.08%
CAC	A	0.08%
QS	F	0.08%
MCB	C	0.08%
SWBI	C	0.08%
ORRF	B	0.08%
FOR	F	0.08%
EGY	F	0.08%
EQBK	B	0.08%
ANNX	B	0.08%
ACEL	D	0.08%
TREE	D	0.08%
NOVA	F	0.08%
ECVT	C	0.08%
BFST	B	0.08%
SPRY	B	0.08%
CECO	F	0.08%
ASC	F	0.08%
HY	D	0.08%
RYI	C	0.08%
DJCO	A	0.08%
PUBM	D	0.08%
RSI	A	0.08%
GT	F	0.08%
AMRK	D	0.08%
FIGS	B	0.07%
EBF	F	0.07%
CMP	C	0.07%
GDYN	B	0.07%
CCNE	B	0.07%
SRCE	C	0.07%
MDXG	A	0.07%
GSBC	C	0.07%
UVE	D	0.07%
OPY	A	0.07%
STGW	C	0.07%
EBS	B	0.07%
AAOI	B	0.07%
NR	F	0.07%
CASS	B	0.07%
NTGR	A	0.07%
OFIX	A	0.07%
RBCAA	B	0.07%
LASR	A	0.07%
RYAM	B	0.07%
IDT	B	0.07%
WASH	B	0.07%
SMBC	B	0.07%
BHRB	C	0.07%
CNDT	C	0.07%
AMAL	B	0.07%
DAKT	A	0.07%
WLDN	B	0.07%
LOVE	B	0.06%
RDUS	D	0.06%
KE	C	0.06%
TRDA	A	0.06%
CVGW	B	0.06%
CLBK	D	0.06%
QTRX	C	0.06%
AUPH	A	0.06%
INOD	A	0.06%
AROW	B	0.06%
PTVE	F	0.06%
NWPX	A	0.06%
SHBI	B	0.06%
ACCO	B	0.06%
FFIC	B	0.06%
PL	C	0.06%
CLFD	D	0.06%
NUVB	F	0.06%
PLOW	F	0.06%
THFF	C	0.06%
ARHS	F	0.06%
NFBK	C	0.06%
MUX	D	0.06%
BHB	B	0.06%
ESQ	A	0.06%
CLNE	C	0.06%
ORIC	F	0.06%
FMNB	D	0.06%
BBW	B	0.06%
ERAS	B	0.06%
ANET	A	0.06%
HONE	D	0.06%
CMRE	C	0.06%
IMXI	F	0.06%
AVO	C	0.06%
HTBI	D	0.06%
OLO	A	0.06%
PGC	A	0.06%
MSBI	A	0.06%
SD	F	0.05%
RMR	D	0.05%
SHYF	C	0.05%
IBTA	B	0.05%
GTN	B	0.05%
ALRS	F	0.05%
ZUMZ	F	0.05%
NVEC	F	0.05%
TERN	D	0.05%
VYGR	C	0.05%
KODK	F	0.05%
KIDS	C	0.05%
MCS	A	0.05%
ZIMV	D	0.05%
ZEUS	F	0.05%
NGVC	B	0.05%
SPFI	B	0.05%
ETWO	F	0.05%
GIC	F	0.05%
VERV	C	0.05%
FISI	D	0.05%
FNKO	B	0.05%
GRNT	D	0.05%
CCCC	D	0.05%
EE	B	0.05%
CARE	B	0.05%
IRMD	B	0.05%
FSBC	B	0.05%
KURA	D	0.05%
CCRN	F	0.05%
KRNY	B	0.05%
ARKO	C	0.05%
LMNR	C	0.05%
ETNB	B	0.05%
ARCT	F	0.05%
LPRO	C	0.05%
HIFS	B	0.05%
DHIL	D	0.05%
FFWM	D	0.05%
SAGE	F	0.05%
MCBS	C	0.05%
DNUT	C	0.05%
LYTS	A	0.05%
AXGN	A	0.05%
ZIP	F	0.05%
MLNK	B	0.05%
CSV	A	0.05%
SMBK	A	0.05%
USAP	A	0.05%
WULF	B	0.05%
CCBG	B	0.05%
LXU	B	0.05%
FC	C	0.05%
BVS	A	0.05%
MPB	B	0.05%
MNTK	B	0.04%
WOW	C	0.04%
APEI	C	0.04%
TITN	D	0.04%
METC	F	0.04%
VNDA	C	0.04%
SB	F	0.04%
MCFT	D	0.04%
LGF.A	C	0.04%
TCMD	A	0.04%
TBPH	D	0.04%
MTRX	B	0.04%
ITOS	F	0.04%
HNRG	B	0.04%
MOV	D	0.04%
HPK	F	0.04%
GCO	F	0.04%
BOC	B	0.04%
MOFG	C	0.04%
REPX	D	0.04%
BSRR	D	0.04%
LINC	A	0.04%
IPI	A	0.04%
INBK	C	0.04%
LXFR	A	0.04%
TYRA	F	0.04%
MEI	F	0.04%
CRCT	B	0.04%
SENEA	A	0.04%
SBLK	F	0.04%
ULH	B	0.04%
OABI	C	0.04%
SFIX	C	0.04%
NEWT	B	0.04%
ALLO	D	0.04%
OSUR	F	0.04%
LILA	A	0.04%
NUS	F	0.04%
HDSN	F	0.04%
SIGA	F	0.04%
WLFC	B	0.04%
LOCO	D	0.04%
GLRE	C	0.04%
HVT	F	0.04%
BRY	D	0.04%
ATNI	F	0.04%
NRC	F	0.04%
GLUE	A	0.04%
MTW	F	0.04%
ABSI	D	0.04%
WOOF	C	0.04%
TRC	F	0.04%
ODC	A	0.04%
AGS	A	0.04%
BMRC	B	0.04%
ANIK	F	0.04%
CVEO	F	0.04%
RBB	D	0.04%
ATRO	D	0.04%
TTI	C	0.04%
HCAT	D	0.04%
NRIM	D	0.04%
RICK	F	0.04%
DDD	C	0.04%
MED	D	0.03%
INZY	F	0.03%
TCBX	A	0.03%
EWCZ	C	0.03%
PBPB	F	0.03%
ADV	D	0.03%
LE	C	0.03%
WTI	F	0.03%
UTMD	F	0.03%
SMHI	F	0.03%
NGS	C	0.03%
BLDE	B	0.03%
RPAY	C	0.03%
LRMR	C	0.03%
ENFN	D	0.03%
VIRC	C	0.03%
CRMT	F	0.03%
JRVR	F	0.03%
APPS	C	0.03%
RLGT	B	0.03%
FLXS	B	0.03%
ENTA	D	0.03%
GHM	D	0.03%
TASK	C	0.03%
TBI	D	0.03%
FRST	F	0.03%
AVXL	A	0.03%
MLYS	B	0.03%
SWIM	C	0.03%
MEC	A	0.03%
PKE	D	0.03%
ANGO	D	0.03%
NAPA	A	0.03%
JAKK	A	0.03%
DBI	F	0.03%
AMCX	F	0.03%
AVNW	F	0.03%
TSVT	D	0.03%
VLGEA	D	0.03%
TH	F	0.03%
PKOH	D	0.03%
SPOK	A	0.03%
INGN	D	0.03%
FLWS	C	0.03%
ITIC	B	0.03%
EDIT	F	0.03%
PACK	D	0.03%
EGHT	C	0.03%
AURA	B	0.03%
PFIS	B	0.03%
HNST	C	0.03%
SRI	F	0.03%
OIS	D	0.03%
ACIC	A	0.03%
RGP	F	0.03%
SLQT	F	0.03%
FARO	D	0.03%
KRO	B	0.03%
ALDX	D	0.03%
IIIV	A	0.03%
VREX	C	0.03%
TRUE	A	0.03%
AMPY	D	0.03%
SRCL	A	0.03%
SAVE	D	0.03%
HRTG	D	0.03%
PRTA	F	0.03%
FATE	F	0.03%
LEGH	D	0.03%
MERC	F	0.03%
ARTNA	F	0.03%
QURE	D	0.03%
FLIC	D	0.03%
OSPN	B	0.03%
GNE	F	0.03%
VPG	F	0.03%
IMMR	F	0.03%
KOD	B	0.02%
ESOA	A	0.02%
EVCM	A	0.02%
TZOO	A	0.02%
ATYR	B	0.02%
HOFT	C	0.02%
GEOS	A	0.02%
CLAR	D	0.02%
EHTH	C	0.02%
LAW	C	0.02%
TNYA	D	0.02%
NNBR	F	0.02%
CTRN	C	0.02%
EU	D	0.02%
HMST	F	0.02%
ACNB	C	0.02%
TG	A	0.02%
INO	F	0.02%
ALEC	D	0.02%
AVD	F	0.02%
OUST	C	0.02%
LDI	F	0.02%
SGHT	F	0.02%
EBTC	B	0.02%
CHGG	F	0.02%
ORGO	B	0.02%
DXLG	F	0.02%
OLMA	D	0.02%
SRG	F	0.02%
QUAD	A	0.02%
FDMT	F	0.02%
TRAK	B	0.02%
JOUT	F	0.02%
SFST	B	0.02%
EPIX	F	0.02%
OBT	D	0.02%
WSBF	B	0.02%
EPM	D	0.02%
ZYXI	D	0.02%
LGF.A	C	0.02%
NATR	D	0.02%
STRO	D	0.02%
MX	F	0.02%
BLNK	C	0.02%
NKTX	F	0.02%
ALTG	C	0.02%
REI	F	0.02%
CRBU	C	0.02%
RELL	B	0.02%
MG	F	0.02%
JILL	F	0.02%
BRCC	F	0.02%
BWB	C	0.02%
GAMB	D	0.02%
RZLT	B	0.02%
OLPX	F	0.02%
PYXS	C	0.02%
FF	B	0.02%
SEB	F	0.02%
MODV	F	0.02%
CYRX	F	0.02%
TWKS	A	0.02%
RNGR	A	0.02%
ACTG	F	0.02%
OFLX	C	0.02%
SGC	C	0.02%
FSTR	F	0.02%
BCAL	B	0.02%
CIVB	A	0.02%
TLS	A	0.02%
LTH	D	0.02%
INFN	B	0.02%
ORN	D	0.02%
PLPC	C	0.02%
FRBA	D	0.02%
DCGO	D	0.02%
AMPS	C	0.02%
RM	C	0.02%
KRT	A	0.02%
BOOM	F	0.02%
PANL	F	0.02%
RBBN	A	0.02%
CDXS	A	0.02%
RCKY	F	0.02%
ASUR	D	0.02%
DGICA	A	0.02%
LSEA	C	0.02%
FRPH	D	0.02%
FMAO	A	0.02%
SSP	F	0.02%
THRD	C	0.02%
FULC	F	0.02%
HBB	F	0.02%
TBRG	B	0.01%
WTBA	A	0.01%
PSTX	D	0.01%
GBIO	F	0.01%
PVBC	D	0.01%
VIGL	B	0.01%
ZNTL	D	0.01%
OPRX	F	0.01%
PEBK	F	0.01%
OPRT	F	0.01%
KEQU	D	0.01%
INTT	C	0.01%
KINS	A	0.01%
SHLS	D	0.01%
NTIC	C	0.01%
CSPI	F	0.01%
CFFI	A	0.01%
LCUT	F	0.01%
YORW	F	0.01%
SERA	C	0.01%
XBIT	B	0.01%
KLXE	F	0.01%
UEIC	F	0.01%
EXFY	D	0.01%
RPTX	C	0.01%
CBNK	B	0.01%
PLL	B	0.01%
MPAA	F	0.01%
METCB	D	0.01%
PWOD	A	0.01%
VEL	C	0.01%
RLMD	C	0.01%
HOWL	D	0.01%
PETS	C	0.01%
KALV	C	0.01%
ABCL	C	0.01%
ULBI	D	0.01%
SEER	A	0.01%
COFS	B	0.01%
SRTS	B	0.01%
RMBL	C	0.01%
TSBK	B	0.01%
BLFY	C	0.01%
BCBP	C	0.01%
MYPS	F	0.01%
CMTL	F	0.01%
SGU	D	0.01%
BBCP	F	0.01%
MASS	F	0.01%
MVBF	F	0.01%
LAKE	F	0.01%
ISTR	A	0.01%
BBSI	B	0.01%
ACRV	C	0.01%
LTRX	D	0.01%
BCML	A	0.01%
BSVN	B	0.01%
BTBT	C	0.01%
CVGI	F	0.01%
HBT	D	0.01%
HBCP	B	0.01%
VTYX	F	0.01%
FET	D	0.01%
CBAN	D	0.01%
CRDF	B	0.01%
ABOS	C	0.01%
UNTY	A	0.01%
COOK	C	0.01%
SPWH	F	0.01%
EML	C	0.01%
GENC	B	0.01%
RCMT	A	0.01%
RVLV	A	0.01%
NVRO	D	0.01%
PEPG	F	0.01%
CRVS	A	0.01%
NRDS	A	0.01%
FFNW	C	0.01%
NFE	F	0.01%
GEVO	B	0.01%
TTEC	F	0.01%
ACU	F	0.01%
STHO	F	0.01%
QUIK	D	0.01%
FSBW	C	0.01%
GNTY	D	0.01%
MGTX	A	0.01%
IBEX	C	0.01%
CZFS	A	0.01%
CWCO	F	0.01%
JYNT	F	0.01%
EEX	F	0.01%
ONTF	D	0.01%
GRPN	F	0.01%
LWAY	B	0.01%
MFIN	A	0.01%
ALT	C	0.01%
TRVI	D	0.01%
VRA	F	0.01%
TTSH	A	0.01%
RMAX	C	0.01%
ACDC	D	0.01%
BELFA	B	0.01%
EVC	B	0.01%
CMT	D	0.01%
FBIZ	D	0.01%
DSGN	B	0.01%
RDVT	A	0.01%
PSNL	C	0.01%
ASLE	C	0.01%
LGTY	B	0.01%
LUNG	F	0.01%
PBYI	C	0.01%
GRWG	C	0.01%
TAYD	F	0.01%
EVBN	B	0.01%
SPR	B	0.0%
DSGR	C	0.0%
CHRD	F	0.0%
SKY	C	0.0%
CODA	A	0.0%
CRD.B	B	0.0%
BCAB	C	0.0%
FVCB	B	0.0%
NKSH	D	0.0%
SVRA	D	0.0%
LCNB	A	0.0%
PDSB	F	0.0%
GEF	B	0.0%
MNSB	D	0.0%
BH	C	0.0%
CVRX	B	0.0%
SRDX	D	0.0%
GEF	B	0.0%
MNTX	C	0.0%
BYRN	C	0.0%
BARK	D	0.0%
RGCO	D	0.0%
LUNA	F	0.0%
INMB	C	0.0%
NWFL	A	0.0%
ACCD	F	0.0%
MBCN	A	0.0%
PLBC	A	0.0%
WMPN	B	0.0%
FSLY	D	0.0%
ASYS	D	0.0%
PESI	B	0.0%
FORR	F	0.0%
EB	C	0.0%
TMCI	D	0.0%
VHI	A	0.0%
CHMG	A	0.0%
SND	A	0.0%
VOXX	A	0.0%
WALD	F	0.0%
AOUT	C	0.0%
ESCA	C	0.0%
EPSN	A	0.0%
DLTH	D	0.0%
BSET	A	0.0%
DHX	F	0.0%
EVEX	D	0.0%
CNTY	A	0.0%
OB	F	0.0%
INFU	F	0.0%
DMAC	A	0.0%
SSBK	A	0.0%
NC	A	0.0%
OVLY	A	0.0%
TIPT	A	0.0%
TUSK	D	0.0%
PRLD	F	0.0%
BMEA	D	0.0%
WEYS	B	0.0%
AXTI	F	0.0%
ORGN	D	0.0%
SFM	A	0.0%
PDEX	A	0.0%
FDBC	A	0.0%
STRT	C	0.0%
HFFG	D	0.0%
DC	D	0.0%
VABK	C	0.0%
GOCO	A	0.0%
KVHI	F	0.0%
CPSS	A	0.0%
IVAC	F	0.0%
STRS	F	0.0%
MYFW	D	0.0%
HLVX	C	0.0%
PTSI	D	0.0%
PACB	C	0.0%
OBIO	C	0.0%
AIRS	A	0.0%
ULCC	B	0.0%
BWFG	D	0.0%
ATLO	F	0.0%
BEEM	D	0.0%
TKNO	A	0.0%
DLHC	F	0.0%
TRNS	F	0.0%
ADPT	A	0.0%
FUNC	A	0.0%
FNLC	D	0.0%
BFLY	A	0.0%
GIFI	F	0.0%
SMID	C	0.0%
ORMP	C	0.0%
ATLC	A	0.0%
FPH	A	0.0%
BRBS	C	0.0%
PAYS	F	0.0%
KOSS	D	0.0%
HQI	D	0.0%
PRME	C	0.0%
ELMD	B	0.0%
MITK	D	0.0%
FEIM	C	0.0%
CZNC	D	0.0%
CATO	A	0.0%
SKLZ	F	0.0%
PKBK	A	0.0%
PCYO	A	0.0%
HURC	A	0.0%
UFI	D	0.0%
PNRG	B	0.0%
DOUG	A	0.0%
SKYH	F	0.0%
TWIN	D	0.0%
GCBC	F	0.0%
DIBS	F	0.0%
CCRD	B	0.0%
TSQ	F	0.0%
PCB	A	0.0%
ALCO	F	0.0%
TLYS	F	0.0%
RGLS	F	0.0%
CTV	A	0.0%
LFVN	A	0.0%
SKYT	B	0.0%
MPX	F	0.0%
COUR	F	0.0%
ARC	A	0.0%
STTK	F	0.0%
STKS	F	0.0%
RRBI	A	0.0%
FLL	A	0.0%
IRON	C	0.0%
CXDO	A	0.0%

AVSC Underweight 251 Positions Relative to SPSM

Symbol	Grade	Weight
MLI	A	-0.69%
CMA	B	-0.61%
ATI	F	-0.58%
CRS	B	-0.58%
JXN	B	-0.55%
SPSC	F	-0.53%
GKOS	B	-0.53%
RHI	C	-0.52%
MTH	C	-0.5%
BBWI	D	-0.49%
LUMN	A	-0.47%
CSWI	B	-0.47%
BMI	C	-0.45%
EPRT	D	-0.45%
AVAV	B	-0.45%
AWI	A	-0.45%
MDU	F	-0.44%
NSIT	F	-0.44%
VFC	A	-0.43%
ETSY	D	-0.43%
INSP	D	-0.43%
ALK	A	-0.43%
COOP	C	-0.42%
DY	D	-0.42%
MOG.A	B	-0.41%
LNC	B	-0.41%
SEE	B	-0.4%
MARA	D	-0.4%
BCPC	B	-0.4%
ZWS	A	-0.39%
FSS	F	-0.39%
BCC	D	-0.39%
IBP	F	-0.39%
PI	C	-0.38%
ACIW	B	-0.38%
RDN	D	-0.38%
BOOT	D	-0.37%
CTRE	B	-0.36%
SM	F	-0.36%
MC	D	-0.36%
MGY	A	-0.36%
SLG	B	-0.36%
BOX	B	-0.35%
PECO	A	-0.34%
AL	C	-0.34%
ACA	A	-0.34%
PIPR	B	-0.34%
GPI	B	-0.34%
ALKS	D	-0.34%
ABG	B	-0.34%
ITRI	A	-0.34%
KRYS	D	-0.33%
RDNT	B	-0.33%
MATX	A	-0.33%
OGN	F	-0.33%
SFBS	A	-0.32%
ITGR	D	-0.32%
SHAK	A	-0.32%
MHO	C	-0.32%
ICUI	C	-0.32%
VRRM	F	-0.32%
AGO	B	-0.31%
SIG	D	-0.31%
GTES	A	-0.31%
EAT	A	-0.31%
TMDX	F	-0.3%
TPH	D	-0.3%
AEIS	A	-0.3%
HASI	A	-0.3%
FELE	D	-0.3%
HIMS	B	-0.3%
FUL	F	-0.3%
FTDR	A	-0.29%
ASO	D	-0.29%
KTB	A	-0.29%
RXO	B	-0.29%
WHD	B	-0.29%
MAC	A	-0.29%
NOG	F	-0.28%
SKT	B	-0.28%
SKYW	A	-0.28%
IIPR	B	-0.28%
STEP	B	-0.28%
HIW	C	-0.28%
IDCC	A	-0.28%
LRN	A	-0.28%
WDFC	A	-0.27%
JBT	A	-0.27%
SANM	A	-0.27%
PBH	A	-0.27%
CALM	B	-0.27%
MSGS	B	-0.27%
DXC	C	-0.27%
ADMA	B	-0.27%
CRC	A	-0.27%
KFY	B	-0.27%
IAC	F	-0.27%
AROC	D	-0.26%
SEM	B	-0.26%
BGC	A	-0.26%
CCOI	B	-0.26%
AEO	F	-0.26%
WD	C	-0.26%
GMS	A	-0.26%
AX	B	-0.26%
ESE	B	-0.25%
AUB	D	-0.25%
BXMT	C	-0.25%
FORM	F	-0.25%
ABM	A	-0.25%
PJT	B	-0.25%
SMTC	B	-0.25%
UCB	D	-0.25%
SITM	B	-0.25%
CVCO	B	-0.25%
AWR	D	-0.24%
FULT	C	-0.24%
BRC	D	-0.24%
OTTR	D	-0.24%
YOU	B	-0.24%
SXT	C	-0.24%
RUSHA	A	-0.24%
SHOO	D	-0.24%
APLE	B	-0.24%
APAM	A	-0.23%
SATS	B	-0.23%
CBU	A	-0.23%
TGTX	B	-0.23%
DEI	B	-0.23%
HCC	A	-0.23%
DORM	A	-0.23%
RUN	C	-0.23%
NPO	F	-0.23%
FBP	D	-0.23%
ENV	A	-0.23%
ABR	B	-0.22%
SMPL	C	-0.22%
BL	B	-0.22%
ACLS	F	-0.22%
TDW	F	-0.22%
CRVL	D	-0.21%
UNF	D	-0.21%
PENN	B	-0.21%
MPW	D	-0.21%
LBRT	F	-0.21%
LXP	D	-0.21%
GFF	F	-0.2%
VIRT	D	-0.2%
UE	A	-0.2%
TGNA	B	-0.2%
CNS	B	-0.2%
FCPT	D	-0.2%
JJSF	C	-0.19%
AKR	A	-0.19%
OUT	B	-0.19%
DOCN	D	-0.19%
AGYS	D	-0.18%
NARI	A	-0.17%
CWEN	C	-0.17%
OSIS	F	-0.17%
DV	F	-0.17%
GRBK	D	-0.17%
GEO	B	-0.16%
TNDM	D	-0.16%
B	A	-0.16%
JOE	F	-0.16%
IPAR	B	-0.16%
BANF	B	-0.16%
URBN	D	-0.15%
ROIC	A	-0.15%
MYGN	F	-0.15%
SHO	F	-0.15%
VCEL	D	-0.15%
STC	D	-0.14%
WOLF	D	-0.14%
VYX	D	-0.14%
NEO	D	-0.13%
HLIT	F	-0.13%
PZZA	A	-0.13%
MCY	B	-0.13%
TRUP	B	-0.13%
LMAT	B	-0.13%
PRVA	C	-0.13%
DRH	D	-0.13%
LTC	A	-0.12%
JBGS	D	-0.12%
RAMP	D	-0.12%
GNL	D	-0.12%
GTY	C	-0.12%
FTRE	F	-0.12%
VECO	F	-0.12%
VRE	D	-0.11%
SABR	C	-0.11%
PEB	F	-0.11%
XHR	C	-0.11%
STAA	F	-0.11%
NTCT	D	-0.11%
CXW	D	-0.11%
ELME	D	-0.11%
AAT	B	-0.1%
SNDR	A	-0.1%
ALEX	C	-0.1%
UPBD	C	-0.1%
DEA	C	-0.1%
UNIT	A	-0.1%
TGI	C	-0.09%
CERT	F	-0.09%
NVEE	C	-0.09%
XRX	F	-0.09%
RC	F	-0.09%
PMT	D	-0.09%
WS	A	-0.09%
UVV	B	-0.09%
QNST	A	-0.08%
FBRT	C	-0.08%
FIZZ	A	-0.08%
ARLO	F	-0.08%
CSR	D	-0.08%
EXPI	B	-0.08%
PBI	A	-0.08%
EFC	D	-0.08%
ARI	D	-0.08%
VICR	A	-0.08%
MXL	D	-0.08%
CWEN	C	-0.07%
NABL	F	-0.07%
JACK	C	-0.07%
PDFS	F	-0.07%
ICHR	F	-0.07%
BDN	D	-0.07%
NXRT	D	-0.07%
RWT	D	-0.07%
AHH	D	-0.06%
NVRI	F	-0.06%
BLFS	B	-0.06%
EMBC	C	-0.06%
CFFN	B	-0.06%
CXM	F	-0.06%
WSR	B	-0.05%
HPP	F	-0.05%
INN	F	-0.05%
KREF	B	-0.05%
FWRD	C	-0.05%
BSIG	A	-0.05%
BFS	D	-0.04%
LESL	D	-0.04%
UHT	D	-0.04%
SLP	F	-0.04%
IRWD	F	-0.04%
SVC	F	-0.04%
CRSR	D	-0.02%