AVUV vs. FAB ETF Comparison

Comparison of Avantis U.S. Small Cap Value ETF (AVUV) to First Trust Multi Cap Value AlphaDEX Fund (FAB)

AVUV

Avantis U.S. Small Cap Value ETF

AVUV Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of U.S. small cap companies across market sectors and industry groups. Under normal market conditions, it will invest at least 80% of its assets in securities of small capitalization companies located in the United States. The fund also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$103.08

Average Daily Volume

749,010

Number of Holdings ^*

713

* may have additional holdings in another (foreign) market

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.29

Average Daily Volume

2,751

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

Performance

Period	AVUV	FAB
30 Days	8.29%	4.59%
60 Days	14.69%	7.92%
90 Days	14.50%	9.47%
12 Months	39.17%	31.97%

217 Overlapping Holdings

Symbol	Grade	Weight in AVUV	Weight in FAB	Overlap
AAP	F	0.21%	0.17%	0.17%
ABCB	B	0.23%	0.1%	0.1%
AEO	F	0.63%	0.11%	0.11%
AGO	B	0.44%	0.23%	0.23%
AL	B	0.8%	0.22%	0.22%
ALIT	D	0.07%	0.04%	0.04%
ALK	B	0.91%	0.15%	0.15%
ALKS	C	0.39%	0.09%	0.09%
AMKR	F	0.07%	0.16%	0.07%
AMR	C	0.45%	0.22%	0.22%
ANDE	D	0.31%	0.1%	0.1%
ARCB	C	0.34%	0.08%	0.08%
ASB	B	0.25%	0.06%	0.06%
ASH	F	0.05%	0.12%	0.05%
ASO	F	0.26%	0.19%	0.19%
ATKR	D	0.37%	0.26%	0.26%
AVT	B	0.55%	0.18%	0.18%
AXS	A	0.4%	0.13%	0.13%
BANR	B	0.27%	0.09%	0.09%
BCC	B	0.86%	0.17%	0.17%
BFH	B	0.4%	0.16%	0.16%
BHE	B	0.28%	0.06%	0.06%
BHF	B	0.45%	0.03%	0.03%
BHLB	B	0.1%	0.03%	0.03%
BKE	B	0.22%	0.08%	0.08%
BKU	B	0.33%	0.08%	0.08%
BPOP	D	0.21%	0.04%	0.04%
BTU	B	0.58%	0.14%	0.14%
BUSE	C	0.15%	0.07%	0.07%
BY	B	0.09%	0.11%	0.09%
CABO	C	0.11%	0.14%	0.11%
CAL	F	0.19%	0.11%	0.11%
CASH	B	0.24%	0.09%	0.09%
CATY	B	0.4%	0.09%	0.09%
CC	C	0.2%	0.02%	0.02%
CENTA	D	0.22%	0.1%	0.1%
CIVI	D	0.2%	0.23%	0.2%
CLF	D	0.05%	0.18%	0.05%
CMA	B	0.02%	0.1%	0.02%
CMC	B	0.21%	0.24%	0.21%
CNO	B	0.57%	0.19%	0.19%
CNX	B	0.77%	0.25%	0.25%
CNXN	C	0.12%	0.02%	0.02%
COLB	B	0.48%	0.15%	0.15%
COLM	C	0.39%	0.09%	0.09%
CRC	B	0.71%	0.09%	0.09%
CRGY	A	0.26%	0.12%	0.12%
CRI	F	0.31%	0.06%	0.06%
CRK	B	0.2%	0.09%	0.09%
CUBI	C	0.2%	0.14%	0.14%
CVBF	B	0.04%	0.09%	0.04%
CVI	F	0.06%	0.09%	0.06%
DAN	F	0.19%	0.08%	0.08%
DDS	C	0.07%	0.18%	0.07%
DIOD	D	0.18%	0.08%	0.08%
DNOW	C	0.1%	0.13%	0.1%
DXC	C	0.67%	0.19%	0.19%
EBC	B	0.03%	0.11%	0.03%
EFSC	B	0.24%	0.08%	0.08%
EIG	B	0.15%	0.14%	0.14%
ENS	F	0.28%	0.12%	0.12%
ESNT	F	0.23%	0.18%	0.18%
FBK	B	0.03%	0.03%	0.03%
FBNC	B	0.02%	0.05%	0.02%
FCF	B	0.19%	0.08%	0.08%
FDP	B	0.16%	0.03%	0.03%
FFBC	B	0.02%	0.11%	0.02%
FIBK	B	0.02%	0.08%	0.02%
FIVE	F	0.02%	0.09%	0.02%
FNB	B	0.29%	0.15%	0.15%
FOR	D	0.1%	0.12%	0.1%
FRME	B	0.1%	0.08%	0.08%
FULT	B	0.31%	0.08%	0.08%
GBX	B	0.32%	0.16%	0.16%
GES	F	0.1%	0.11%	0.1%
GHC	A	0.02%	0.11%	0.02%
GIC	F	0.0%	0.02%	0.0%
GIII	C	0.24%	0.13%	0.13%
GNW	C	0.26%	0.02%	0.02%
GPOR	C	0.05%	0.12%	0.05%
GPRE	F	0.04%	0.02%	0.02%
GRBK	D	0.04%	0.06%	0.04%
GT	C	0.48%	0.14%	0.14%
HCC	A	0.68%	0.25%	0.25%
HMN	B	0.01%	0.06%	0.01%
HOG	F	0.63%	0.18%	0.18%
HOPE	B	0.17%	0.08%	0.08%
HOV	D	0.09%	0.11%	0.09%
HP	C	0.52%	0.25%	0.25%
HRI	B	0.9%	0.19%	0.19%
HTH	C	0.06%	0.05%	0.05%
HTZ	D	0.04%	0.12%	0.04%
HUBG	B	0.38%	0.08%	0.08%
HWC	B	0.49%	0.1%	0.1%
HY	F	0.09%	0.09%	0.09%
IMKTA	D	0.18%	0.12%	0.12%
INDB	B	0.15%	0.12%	0.12%
INVA	B	0.13%	0.13%	0.13%
JWN	C	0.38%	0.09%	0.09%
JXN	B	0.89%	0.26%	0.26%
KALU	C	0.18%	0.08%	0.08%
KBH	C	0.71%	0.16%	0.16%
KFRC	D	0.01%	0.02%	0.01%
KLG	C	0.13%	0.08%	0.08%
KMT	B	0.35%	0.14%	0.14%
KOS	F	0.3%	0.11%	0.11%
KSS	F	0.42%	0.11%	0.11%
LBRT	F	0.53%	0.2%	0.2%
LC	B	0.13%	0.06%	0.06%
LCII	D	0.39%	0.05%	0.05%
LEA	F	0.0%	0.19%	0.0%
LNN	B	0.01%	0.05%	0.01%
LPX	B	0.27%	0.09%	0.09%
LZB	C	0.26%	0.09%	0.09%
M	C	0.6%	0.18%	0.18%
MATX	B	1.0%	0.19%	0.19%
MCRI	B	0.18%	0.08%	0.08%
MDU	F	0.5%	0.15%	0.15%
MGY	A	0.75%	0.19%	0.19%
MHO	C	0.76%	0.21%	0.21%
MLI	B	0.92%	0.11%	0.11%
MRC	B	0.14%	0.11%	0.11%
MRTN	C	0.16%	0.07%	0.07%
MTDR	C	0.13%	0.25%	0.13%
MTG	D	0.39%	0.21%	0.21%
MTH	D	0.18%	0.2%	0.18%
MUR	F	0.24%	0.21%	0.21%
MYRG	C	0.01%	0.03%	0.01%
NAVI	F	0.15%	0.1%	0.1%
NBTB	B	0.09%	0.03%	0.03%
NIC	B	0.0%	0.06%	0.0%
NNI	C	0.09%	0.03%	0.03%
NOG	B	0.63%	0.25%	0.25%
NWBI	B	0.11%	0.05%	0.05%
NX	C	0.15%	0.08%	0.08%
ODP	F	0.19%	0.05%	0.05%
OEC	F	0.15%	0.09%	0.09%
OFG	C	0.26%	0.05%	0.05%
OLPX	F	0.01%	0.02%	0.01%
OMF	A	0.21%	0.15%	0.15%
OXM	F	0.19%	0.02%	0.02%
OZK	B	0.53%	0.19%	0.19%
PARR	F	0.14%	0.11%	0.11%
PATK	D	0.1%	0.04%	0.04%
PBF	F	0.29%	0.21%	0.21%
PDCO	D	0.16%	0.1%	0.1%
PEBO	B	0.12%	0.11%	0.11%
PFBC	B	0.07%	0.08%	0.07%
PFS	B	0.13%	0.03%	0.03%
PHIN	B	0.36%	0.11%	0.11%
PII	F	0.35%	0.11%	0.11%
PINC	B	0.31%	0.14%	0.14%
PLAB	C	0.27%	0.13%	0.13%
PLUS	C	0.37%	0.02%	0.02%
PLYA	A	0.15%	0.09%	0.09%
PPBI	B	0.11%	0.03%	0.03%
PRDO	B	0.2%	0.11%	0.11%
PRG	C	0.17%	0.1%	0.1%
PSMT	C	0.37%	0.05%	0.05%
PTEN	D	0.42%	0.24%	0.24%
PVH	C	0.13%	0.22%	0.13%
R	A	0.72%	0.19%	0.19%
RDN	D	0.65%	0.21%	0.21%
RES	F	0.1%	0.12%	0.1%
RIG	D	0.13%	0.14%	0.13%
SAFT	C	0.02%	0.03%	0.02%
SANM	B	0.4%	0.16%	0.16%
SASR	B	0.17%	0.09%	0.09%
SCL	C	0.17%	0.05%	0.05%
SCSC	C	0.18%	0.1%	0.1%
SCVL	D	0.11%	0.06%	0.06%
SEB	F	0.08%	0.11%	0.08%
SFNC	B	0.03%	0.08%	0.03%
SHEN	F	0.03%	0.05%	0.03%
SIG	B	0.58%	0.16%	0.16%
SLM	B	0.67%	0.09%	0.09%
SM	C	0.85%	0.23%	0.23%
SNDR	A	0.17%	0.08%	0.08%
SNEX	B	0.33%	0.06%	0.06%
SPNT	C	0.2%	0.12%	0.12%
SRCE	B	0.03%	0.08%	0.03%
STBA	C	0.16%	0.05%	0.05%
TALO	C	0.25%	0.14%	0.14%
TCBI	B	0.29%	0.03%	0.03%
TCBK	B	0.11%	0.08%	0.08%
TDS	B	0.53%	0.14%	0.14%
TEX	C	0.55%	0.23%	0.23%
THO	C	0.56%	0.13%	0.13%
THRM	F	0.05%	0.05%	0.05%
TMHC	A	0.11%	0.22%	0.11%
TOWN	C	0.14%	0.05%	0.05%
TPH	D	0.38%	0.2%	0.2%
TRMK	B	0.17%	0.12%	0.12%
TTMI	A	0.22%	0.07%	0.07%
UCB	B	0.03%	0.05%	0.03%
UFPI	C	0.07%	0.09%	0.07%
ULH	B	0.06%	0.15%	0.06%
UMBF	B	0.56%	0.05%	0.05%
URBN	D	0.46%	0.21%	0.21%
USM	B	0.17%	0.12%	0.12%
VBTX	B	0.11%	0.08%	0.08%
VC	F	0.23%	0.12%	0.12%
VLY	B	0.38%	0.14%	0.14%
VRTS	B	0.07%	0.08%	0.07%
VSAT	F	0.06%	0.08%	0.06%
VSH	F	0.38%	0.12%	0.12%
VTLE	D	0.06%	0.14%	0.06%
WAFD	C	0.32%	0.05%	0.05%
WAL	B	0.11%	0.04%	0.04%
WD	B	0.34%	0.04%	0.04%
WERN	B	0.41%	0.08%	0.08%
WGO	C	0.19%	0.08%	0.08%
WKC	D	0.17%	0.11%	0.11%
WMK	B	0.17%	0.11%	0.11%
WSFS	B	0.26%	0.08%	0.08%
WTFC	B	0.26%	0.1%	0.1%
ZION	B	0.09%	0.16%	0.09%

AVUV Overweight 496 Positions Relative to FAB

Symbol	Grade	Weight
GATX	B	0.9%
CBT	B	0.8%
SKYW	B	0.8%
IDCC	A	0.73%
SFM	A	0.7%
CALM	B	0.65%
AROC	B	0.59%
STNG	F	0.54%
AX	B	0.51%
POWL	B	0.5%
ARCH	B	0.49%
CEIX	B	0.49%
SLVM	A	0.48%
VSTO	B	0.45%
IBOC	B	0.45%
ANF	C	0.45%
SATS	C	0.44%
FBP	C	0.42%
NMIH	D	0.41%
INSW	F	0.4%
ONB	B	0.39%
OII	B	0.38%
MARA	C	0.35%
TRN	B	0.35%
AGX	B	0.34%
CAKE	B	0.33%
ESGR	B	0.32%
TBBK	C	0.32%
PLXS	B	0.31%
BOH	B	0.3%
ATSG	B	0.3%
FYBR	C	0.29%
APOG	A	0.29%
JBLU	C	0.28%
HEES	B	0.28%
SNV	B	0.27%
TILE	A	0.26%
STRL	A	0.26%
GVA	A	0.25%
HLX	D	0.24%
PFSI	D	0.23%
NTB	B	0.23%
AGM	B	0.22%
OPEN	F	0.22%
SUPN	B	0.22%
HHH	B	0.22%
LPG	F	0.22%
SFL	F	0.22%
DHT	F	0.22%
ALGT	C	0.21%
JELD	F	0.21%
BXC	B	0.2%
HWKN	C	0.2%
UNFI	B	0.2%
IRDM	C	0.2%
SCS	C	0.2%
KRP	B	0.19%
GLNG	B	0.18%
SXC	A	0.18%
WTTR	B	0.18%
TPC	B	0.18%
QCRH	B	0.17%
WABC	B	0.17%
DOLE	B	0.17%
PAYO	A	0.17%
HRMY	D	0.17%
CBRL	D	0.16%
FL	F	0.16%
WOR	D	0.15%
AM	B	0.15%
PTGX	C	0.15%
STNE	F	0.14%
MBUU	C	0.14%
WNC	D	0.14%
AMPH	D	0.14%
AMRC	F	0.14%
BELFB	B	0.14%
AXL	D	0.13%
UAA	C	0.13%
PUMP	F	0.13%
BJRI	C	0.13%
HTLF	B	0.13%
DCOM	B	0.13%
NBHC	B	0.12%
MATV	F	0.12%
NBR	C	0.12%
RYI	C	0.12%
OCFC	B	0.12%
ASC	F	0.12%
ASIX	B	0.12%
EGY	F	0.12%
SPTN	F	0.12%
GAP	C	0.12%
GNK	D	0.12%
BGS	F	0.11%
MTUS	C	0.11%
TROX	F	0.11%
CNOB	B	0.11%
PFC	B	0.11%
BRKL	B	0.11%
PLMR	C	0.11%
CARS	C	0.11%
ETD	F	0.11%
ACT	D	0.11%
NR	D	0.1%
NAT	F	0.1%
EBS	C	0.1%
SNCY	C	0.1%
CPF	B	0.1%
VTOL	C	0.1%
AMAL	B	0.1%
UVSP	B	0.1%
CLVT	F	0.1%
CTBI	B	0.1%
KELYA	F	0.1%
DAKT	B	0.1%
OBK	B	0.1%
REX	C	0.1%
PAGS	F	0.1%
ENLC	B	0.09%
SWBI	C	0.09%
KLIC	C	0.09%
EGBN	B	0.09%
BBW	C	0.09%
IIIN	F	0.09%
HAFC	B	0.09%
CLW	F	0.09%
MBWM	B	0.09%
OSBC	B	0.09%
FMBH	B	0.09%
SGHC	B	0.09%
MBIN	F	0.09%
HCI	B	0.09%
RYAM	B	0.09%
IBCP	B	0.09%
FBMS	B	0.08%
IBTX	B	0.08%
PAHC	B	0.08%
CMRE	C	0.08%
LXU	C	0.08%
OSCR	F	0.08%
SFBS	B	0.08%
NBN	B	0.08%
CFB	C	0.08%
UTI	A	0.08%
GLDD	B	0.08%
SYBT	B	0.08%
MCS	B	0.08%
SCHL	F	0.08%
SMP	C	0.08%
NTGR	A	0.08%
CHX	D	0.07%
BKD	F	0.07%
MSBI	B	0.07%
GRNT	C	0.07%
HTLD	C	0.07%
GSBC	B	0.07%
WASH	B	0.07%
CCRN	F	0.07%
NGVC	A	0.07%
ZEUS	D	0.07%
RBCAA	B	0.07%
THG	A	0.07%
LOVE	B	0.07%
RDUS	C	0.07%
MCB	B	0.07%
TGLS	B	0.07%
BFST	B	0.07%
MCY	A	0.07%
TRST	B	0.07%
SBLK	F	0.06%
BVS	C	0.06%
OSUR	D	0.06%
IESC	A	0.06%
TNC	F	0.06%
ODC	C	0.06%
THFF	B	0.06%
CCB	B	0.06%
USAP	B	0.06%
ANET	C	0.06%
ESQ	B	0.06%
UA	C	0.06%
HTBI	C	0.06%
CVGW	B	0.06%
AMBC	C	0.06%
OPY	B	0.06%
SD	F	0.06%
PGC	B	0.06%
EBF	D	0.06%
BRY	F	0.06%
LMB	A	0.06%
SKWD	A	0.06%
CCNE	B	0.06%
HTBK	B	0.06%
SMBC	B	0.06%
UVE	C	0.06%
MCFT	B	0.05%
AMTB	B	0.05%
NFBK	B	0.05%
MOV	D	0.05%
SBSI	B	0.05%
KE	C	0.05%
LXFR	B	0.05%
FISI	C	0.05%
USNA	C	0.05%
FFIC	B	0.05%
FG	B	0.05%
REPX	A	0.05%
ORRF	B	0.05%
SB	F	0.05%
SIGA	D	0.05%
SMBK	B	0.05%
METC	C	0.05%
NWPX	B	0.05%
HBNC	B	0.05%
CAC	B	0.05%
GDOT	D	0.05%
BHB	B	0.05%
GDEN	C	0.05%
HVT	F	0.05%
AROW	B	0.05%
WTM	B	0.05%
HPK	F	0.05%
ACCO	B	0.05%
JBSS	F	0.05%
CVEO	D	0.05%
CCBG	B	0.04%
CARE	B	0.04%
AMPY	D	0.04%
GCO	C	0.04%
VPG	F	0.04%
FSBC	B	0.04%
CENT	D	0.04%
HNRG	C	0.04%
CHCO	B	0.04%
CRCT	D	0.04%
RGR	F	0.04%
ATNI	F	0.04%
JAKK	C	0.04%
AMCX	D	0.04%
VLGEA	B	0.04%
FNKO	C	0.04%
DBI	F	0.04%
TWI	F	0.04%
RBB	B	0.04%
NRIM	B	0.04%
AOSL	F	0.04%
MCBS	B	0.04%
MPB	B	0.04%
APEI	C	0.04%
ZIMV	F	0.04%
SPFI	B	0.04%
ARHS	F	0.04%
CENX	B	0.03%
RCKY	F	0.03%
DXLG	C	0.03%
TMP	B	0.03%
BWB	B	0.03%
LOB	C	0.03%
LYTS	A	0.03%
TBI	D	0.03%
XPRO	F	0.03%
SWIM	D	0.03%
BANC	B	0.03%
NUS	F	0.03%
FLXS	B	0.03%
TH	D	0.03%
MED	D	0.03%
PKOH	B	0.03%
DHIL	B	0.03%
KRT	B	0.03%
SHBI	B	0.03%
IPI	B	0.03%
MOFG	B	0.03%
RNGR	A	0.03%
HFWA	B	0.03%
SGC	C	0.03%
FLIC	B	0.03%
WRLD	C	0.03%
HDSN	F	0.03%
LKFN	B	0.03%
HRTG	D	0.03%
HSII	A	0.03%
FIGS	D	0.03%
MYE	F	0.03%
EZPW	B	0.03%
PANL	D	0.03%
LE	D	0.03%
USLM	A	0.03%
FLWS	C	0.03%
VIRC	C	0.03%
GLRE	B	0.03%
PUBM	C	0.02%
LRN	B	0.02%
PBYI	D	0.02%
UNTY	B	0.02%
EPM	B	0.02%
BFC	B	0.02%
VRA	D	0.02%
HBT	B	0.02%
IMMR	C	0.02%
OIS	C	0.02%
CVGI	F	0.02%
LEGH	C	0.02%
FRBA	C	0.02%
RMAX	B	0.02%
HIFS	B	0.02%
BMRC	B	0.02%
WTBA	B	0.02%
ALRS	C	0.02%
CIVB	B	0.02%
FFWM	C	0.02%
ACDC	D	0.02%
KODK	C	0.02%
CASS	B	0.02%
TG	B	0.02%
TCBX	B	0.02%
INBK	B	0.02%
MEC	D	0.02%
MNTK	C	0.02%
ANIP	D	0.02%
SFST	B	0.02%
CMT	D	0.02%
EQBK	B	0.02%
PLPC	A	0.02%
PRA	B	0.02%
BSRR	B	0.02%
MERC	C	0.02%
HOFT	C	0.02%
HONE	C	0.02%
FMNB	C	0.02%
TTI	C	0.02%
FSBW	B	0.02%
WLFC	C	0.02%
FBIZ	B	0.02%
ORN	C	0.02%
MEI	F	0.02%
HBB	F	0.02%
CNDT	C	0.02%
RM	D	0.02%
ACNB	B	0.02%
NATR	C	0.02%
REI	F	0.02%
ACIC	B	0.02%
MPX	C	0.01%
KNF	B	0.01%
BSVN	B	0.01%
UBFO	A	0.01%
EVC	C	0.01%
XBIT	C	0.01%
PWOD	C	0.01%
COFS	B	0.01%
KLXE	D	0.01%
SONO	C	0.01%
VNDA	C	0.01%
STKS	F	0.01%
BSET	B	0.01%
FCBC	B	0.01%
TSBK	B	0.01%
FRST	C	0.01%
CBNK	B	0.01%
KEQU	D	0.01%
MPAA	D	0.01%
ISTR	B	0.01%
BWFG	C	0.01%
PTSI	C	0.01%
OPBK	B	0.01%
ATLC	A	0.01%
KRO	C	0.01%
GABC	B	0.01%
UFCS	B	0.01%
NC	C	0.01%
LFVN	B	0.01%
CBAN	B	0.01%
LWAY	D	0.01%
IBEX	C	0.01%
LSEA	F	0.01%
LCUT	F	0.01%
BCML	B	0.01%
FUNC	A	0.01%
VEL	C	0.01%
PKBK	B	0.01%
GNTY	C	0.01%
HMST	F	0.01%
METCB	C	0.01%
ALTG	C	0.01%
ITIC	B	0.01%
LTH	C	0.01%
ACTG	D	0.01%
NGS	B	0.01%
JRVR	D	0.01%
GEOS	C	0.01%
EBTC	B	0.01%
EVBN	B	0.01%
AVO	B	0.01%
AMSF	A	0.01%
ACU	D	0.01%
MTW	C	0.01%
GHM	B	0.01%
FLL	D	0.01%
MVBF	C	0.01%
UEIC	C	0.01%
PCB	A	0.01%
TTSH	B	0.01%
MFIN	B	0.01%
SRI	F	0.01%
BELFA	B	0.01%
RLGT	B	0.01%
MWA	A	0.01%
LNTH	D	0.01%
SF	B	0.01%
OBT	B	0.01%
NNBR	F	0.01%
WSBF	B	0.01%
KRNY	B	0.01%
CLAR	D	0.01%
BCBP	B	0.01%
ESOA	A	0.01%
TAYD	D	0.01%
FSTR	C	0.01%
FF	C	0.01%
RICK	C	0.01%
IMXI	B	0.01%
HBCP	B	0.01%
CPHC	C	0.0%
MRBK	C	0.0%
AVNW	F	0.0%
NKSH	B	0.0%
SRTS	B	0.0%
KVHI	F	0.0%
MNSB	C	0.0%
WNEB	B	0.0%
PLBC	B	0.0%
ECPG	B	0.0%
FGBI	C	0.0%
ESCA	C	0.0%
MYFW	C	0.0%
UTMD	D	0.0%
LAKE	C	0.0%
ATLO	D	0.0%
VABK	A	0.0%
KOP	D	0.0%
FDBC	B	0.0%
CNTY	B	0.0%
PDEX	B	0.0%
PVBC	B	0.0%
BCAL	B	0.0%
WOW	B	0.0%
AOUT	B	0.0%
PCRX	D	0.0%
PHX	C	0.0%
OB	C	0.0%
MYPS	D	0.0%
WEYS	B	0.0%
LPRO	D	0.0%
ZUMZ	D	0.0%
DLTH	F	0.0%
NWFL	B	0.0%
CSPI	D	0.0%
SPWH	F	0.0%
CZFS	B	0.0%
UFI	F	0.0%
TBNK	B	0.0%
RRBI	B	0.0%
FVCB	B	0.0%
QUAD	B	0.0%
CHMG	B	0.0%
CRD.B	C	0.0%
KINS	B	0.0%
FONR	F	0.0%
CCRD	B	0.0%
PFIS	B	0.0%
MTRX	B	0.0%
PYXS	C	0.0%
PNRG	B	0.0%
PEBK	B	0.0%
VHI	B	0.0%
ASTE	C	0.0%
CFFI	B	0.0%
EPSN	B	0.0%
EML	D	0.0%
OVLY	B	0.0%
FNLC	B	0.0%
CBFV	C	0.0%
RVSB	C	0.0%
NEU	D	0.0%
TWIN	D	0.0%
CATO	C	0.0%
HWBK	C	0.0%
FET	D	0.0%
BOOM	F	0.0%
BANF	B	0.0%
CPSS	B	0.0%
SEG	D	0.0%
BFIN	C	0.0%
FRAF	B	0.0%

AVUV Underweight 448 Positions Relative to FAB

Symbol	Grade	Weight
UAL	A	-0.65%
SYF	B	-0.56%
GM	B	-0.54%
DAL	B	-0.52%
STLD	B	-0.51%
PCAR	B	-0.5%
TROW	B	-0.48%
RS	B	-0.48%
NUE	C	-0.47%
CINF	B	-0.47%
HPE	B	-0.46%
FOXA	B	-0.46%
CMCSA	B	-0.46%
CVX	B	-0.46%
COP	C	-0.46%
EOG	B	-0.45%
XOM	B	-0.45%
F	D	-0.45%
AIG	C	-0.45%
T	B	-0.44%
VLO	D	-0.44%
HAL	D	-0.44%
CTRA	C	-0.44%
COF	B	-0.43%
WFC	B	-0.43%
OXY	F	-0.43%
DVN	F	-0.43%
TOL	B	-0.43%
KMI	A	-0.42%
PSX	F	-0.42%
MPC	F	-0.41%
HBAN	B	-0.41%
VTRS	B	-0.4%
LYB	F	-0.4%
PHM	D	-0.4%
LEN	D	-0.4%
EG	D	-0.4%
ETR	B	-0.39%
EQT	B	-0.39%
INTC	C	-0.39%
CFG	B	-0.39%
BG	F	-0.39%
LNG	A	-0.39%
CVS	F	-0.39%
C	B	-0.38%
CRBG	C	-0.38%
ADM	F	-0.38%
FANG	D	-0.37%
CTSH	B	-0.37%
OC	B	-0.37%
ALLY	C	-0.37%
SRE	A	-0.37%
SLB	D	-0.36%
FDX	B	-0.36%
KR	A	-0.36%
L	A	-0.36%
ON	D	-0.35%
CNP	B	-0.35%
ZBH	C	-0.35%
XEL	B	-0.35%
ATO	A	-0.35%
CB	D	-0.34%
APTV	F	-0.34%
HIG	C	-0.34%
CF	B	-0.34%
AEE	A	-0.34%
ED	D	-0.33%
EXC	D	-0.33%
SWKS	F	-0.32%
DG	F	-0.32%
DHI	D	-0.31%
CHTR	B	-0.31%
SNA	A	-0.31%
MS	B	-0.31%
VZ	D	-0.31%
MTB	B	-0.3%
BKR	B	-0.3%
IP	B	-0.3%
BAC	B	-0.29%
CE	F	-0.29%
CNC	F	-0.29%
USB	B	-0.28%
RF	B	-0.28%
TDY	A	-0.28%
LUV	B	-0.27%
FITB	B	-0.27%
STT	B	-0.27%
TRV	B	-0.27%
DGX	B	-0.26%
NI	A	-0.26%
ULTA	C	-0.26%
AKAM	F	-0.26%
TGT	F	-0.25%
PPL	B	-0.25%
D	C	-0.25%
SYY	C	-0.25%
DE	C	-0.25%
TXT	D	-0.25%
LNT	D	-0.24%
KHC	F	-0.24%
AEP	D	-0.24%
OSK	B	-0.24%
EBAY	D	-0.24%
HRL	F	-0.24%
STX	D	-0.24%
AFL	D	-0.24%
DUK	D	-0.24%
EQR	D	-0.24%
DOW	F	-0.23%
BIIB	F	-0.23%
DTE	D	-0.23%
OVV	D	-0.23%
BLDR	D	-0.23%
LBRDK	B	-0.22%
CXW	B	-0.22%
CHRD	F	-0.22%
AMG	C	-0.22%
BBY	D	-0.22%
NOV	D	-0.22%
RJF	B	-0.22%
NFE	F	-0.22%
RIOT	C	-0.21%
BWA	D	-0.21%
RNR	B	-0.21%
TAP	B	-0.21%
FMC	D	-0.2%
OKE	A	-0.2%
KEY	B	-0.2%
LAD	B	-0.2%
DINO	F	-0.2%
ZM	A	-0.2%
UNM	B	-0.2%
CADE	B	-0.2%
RUSHA	B	-0.2%
UGI	D	-0.2%
DAR	C	-0.19%
CSCO	A	-0.19%
JBHT	B	-0.19%
NWSA	B	-0.19%
PNC	A	-0.19%
LNC	B	-0.19%
APA	F	-0.19%
PKG	B	-0.19%
HST	C	-0.18%
RGA	B	-0.18%
PRU	C	-0.18%
DRI	B	-0.18%
DIS	C	-0.18%
CSX	B	-0.18%
CNXC	F	-0.18%
GPI	B	-0.18%
HPQ	B	-0.18%
OTTR	D	-0.18%
BEN	C	-0.18%
MOS	C	-0.18%
KRC	B	-0.18%
RRC	C	-0.18%
G	B	-0.18%
JAZZ	B	-0.18%
COOP	A	-0.18%
ADTN	B	-0.18%
KIM	A	-0.18%
SOLV	C	-0.18%
PPG	F	-0.17%
FNF	C	-0.17%
POR	D	-0.17%
ARE	D	-0.17%
NFG	C	-0.17%
NVR	D	-0.17%
BKH	C	-0.17%
JNJ	D	-0.17%
EVRG	B	-0.17%
MOH	F	-0.17%
BBWI	D	-0.17%
TSN	D	-0.17%
DOC	B	-0.17%
WEC	B	-0.17%
PNW	B	-0.17%
GBDC	B	-0.17%
SSNC	C	-0.17%
UHS	D	-0.16%
HSY	F	-0.16%
ARW	F	-0.16%
WLK	F	-0.16%
HUM	F	-0.16%
WCC	B	-0.16%
WBS	B	-0.16%
FE	D	-0.16%
CARR	D	-0.16%
FHN	B	-0.16%
EIX	D	-0.16%
SR	D	-0.16%
CMS	D	-0.16%
SUM	B	-0.16%
JBT	B	-0.15%
NXST	C	-0.15%
JBL	C	-0.15%
ECVT	C	-0.15%
BMBL	D	-0.15%
TGNA	B	-0.15%
KDP	F	-0.15%
GIS	F	-0.15%
GPC	F	-0.15%
IART	C	-0.14%
ABG	B	-0.14%
INGR	B	-0.14%
GMS	B	-0.14%
ELV	F	-0.14%
CTOS	C	-0.14%
BYD	A	-0.14%
HELE	D	-0.13%
OGS	C	-0.13%
PAG	C	-0.13%
BERY	C	-0.13%
RLJ	D	-0.13%
SWX	B	-0.13%
BC	C	-0.13%
SHO	B	-0.13%
PK	C	-0.13%
VAC	B	-0.13%
APLE	B	-0.13%
WHR	B	-0.13%
WS	A	-0.13%
GEF	B	-0.13%
GL	C	-0.13%
OGE	A	-0.13%
SNX	B	-0.13%
WU	F	-0.12%
OLN	F	-0.12%
AVA	D	-0.12%
EMN	D	-0.12%
AN	D	-0.12%
SON	F	-0.12%
POST	D	-0.12%
UVV	C	-0.12%
SJM	D	-0.12%
LKQ	F	-0.12%
EPC	D	-0.12%
AMWD	B	-0.11%
REZI	A	-0.11%
CCS	D	-0.11%
OGN	F	-0.11%
SAH	B	-0.11%
DBRG	F	-0.11%
BV	A	-0.11%
ODFL	B	-0.1%
SBH	C	-0.1%
AMN	F	-0.1%
UBSI	B	-0.1%
HII	F	-0.1%
ABR	B	-0.1%
MLKN	F	-0.1%
NWN	B	-0.1%
HGV	C	-0.1%
SEIC	B	-0.1%
LADR	C	-0.1%
ZD	C	-0.1%
EQC	C	-0.1%
HIW	B	-0.1%
CMCO	C	-0.1%
BECN	B	-0.1%
VSCO	B	-0.1%
VNT	B	-0.1%
DRH	B	-0.1%
WSBC	B	-0.09%
OMC	B	-0.09%
GD	B	-0.09%
AR	C	-0.09%
ACN	C	-0.09%
WTRG	B	-0.09%
MIDD	C	-0.09%
ADNT	F	-0.09%
SLGN	B	-0.09%
PNM	B	-0.09%
MODG	F	-0.09%
KEYS	A	-0.09%
ORI	B	-0.09%
PYPL	A	-0.09%
MSM	C	-0.09%
AIZ	A	-0.09%
KFY	B	-0.09%
APD	B	-0.09%
WRB	B	-0.09%
IEX	B	-0.09%
LH	A	-0.09%
LHX	A	-0.09%
ASGN	B	-0.09%
KNX	B	-0.09%
CRL	D	-0.09%
BNL	D	-0.09%
CUZ	B	-0.09%
NWE	D	-0.09%
IDA	A	-0.09%
CMI	B	-0.09%
BOKF	B	-0.09%
VSTS	F	-0.09%
J	C	-0.09%
PB	B	-0.09%
ACA	B	-0.09%
GEO	B	-0.09%
MDLZ	F	-0.08%
REYN	F	-0.08%
WPC	D	-0.08%
AWK	D	-0.08%
EXPD	D	-0.08%
CI	F	-0.08%
CPB	D	-0.08%
TKR	F	-0.08%
WY	D	-0.08%
FTV	F	-0.08%
UHAL	B	-0.08%
LMT	D	-0.08%
ALG	C	-0.08%
MAS	D	-0.08%
IPG	F	-0.08%
SKX	F	-0.08%
PEP	F	-0.08%
LAUR	B	-0.08%
DD	D	-0.08%
TNET	F	-0.08%
HOLX	D	-0.08%
MAA	C	-0.08%
RNST	B	-0.08%
AGCO	D	-0.08%
MMS	C	-0.08%
MDT	C	-0.08%
UPS	D	-0.08%
HD	B	-0.08%
LOW	B	-0.08%
SBUX	B	-0.08%
IPGP	C	-0.08%
NDSN	C	-0.08%
CTVA	C	-0.08%
CLX	B	-0.08%
PFG	C	-0.08%
LILAK	F	-0.08%
XRX	F	-0.08%
DFH	D	-0.07%
LGIH	D	-0.07%
SPB	C	-0.07%
SJW	D	-0.07%
SSTK	D	-0.07%
UNF	B	-0.07%
NKE	F	-0.07%
PEB	D	-0.07%
CAG	F	-0.07%
XHR	B	-0.07%
PTVE	D	-0.07%
PBH	B	-0.06%
ENOV	C	-0.06%
FHI	B	-0.06%
CSGS	B	-0.06%
KAR	B	-0.06%
HLF	C	-0.06%
FHB	B	-0.06%
OMI	F	-0.06%
DNB	B	-0.05%
BJ	B	-0.05%
DK	F	-0.05%
PFGC	B	-0.05%
YETI	F	-0.05%
DFIN	F	-0.05%
TPR	A	-0.05%
SEM	B	-0.05%
SSB	B	-0.05%
SYNA	D	-0.05%
AUB	B	-0.05%
RHI	B	-0.05%
GO	D	-0.05%
ROG	C	-0.05%
JEF	B	-0.05%
DEA	D	-0.05%
ARI	D	-0.05%
GXO	C	-0.05%
KWR	D	-0.05%
EPAM	C	-0.05%
CXT	D	-0.05%
ALEX	B	-0.05%
ROCK	C	-0.05%
PNFP	B	-0.05%
MTX	B	-0.05%
IOSP	B	-0.05%
FLR	C	-0.05%
ABM	B	-0.05%
CAR	D	-0.05%
SBCF	B	-0.05%
GOGO	C	-0.05%
UPWK	B	-0.04%
FBIN	D	-0.04%
NSP	F	-0.04%
FAF	D	-0.04%
HSIC	F	-0.04%
STWD	D	-0.04%
MGM	F	-0.04%
LFUS	C	-0.04%
SEE	C	-0.04%
AVNS	F	-0.04%
NJR	C	-0.04%
RYN	D	-0.04%
CZR	D	-0.04%
FOXF	F	-0.04%
SKY	C	-0.04%
FUL	D	-0.04%
TTC	D	-0.04%
AFG	B	-0.04%
LSTR	C	-0.04%
WTS	C	-0.04%
IAC	C	-0.04%
MAT	C	-0.04%
AVNT	B	-0.04%
VOYA	B	-0.04%
PRGO	D	-0.04%
MUSA	C	-0.04%
FELE	C	-0.04%
IVZ	B	-0.04%
SHLS	D	-0.03%
EVTC	C	-0.03%
CNMD	C	-0.03%
MSEX	B	-0.03%
MTRN	C	-0.03%
HAYW	C	-0.03%
PGRE	B	-0.03%
CVCO	A	-0.03%
SAM	C	-0.03%
NVEE	D	-0.03%
IVT	A	-0.03%
DEI	B	-0.03%
ROIC	A	-0.03%
HLIO	B	-0.03%
CBU	B	-0.03%
MGPI	F	-0.03%
MCW	B	-0.03%
OPCH	F	-0.03%
CWEN	D	-0.02%
AIN	D	-0.02%
RC	F	-0.02%
SHOO	D	-0.02%
CMTG	D	-0.02%
STC	C	-0.02%
LXP	D	-0.02%
AIR	C	-0.02%
OI	D	-0.02%
NMRK	B	-0.02%
XPEL	C	-0.02%
JBGS	D	-0.02%
MSGE	C	-0.02%
BLMN	F	-0.02%
UPBD	C	-0.02%