DES vs. DFSV ETF Comparison

Comparison of SmallCap Dividend Fund (DES) to Dimensional US Small Cap Value ETF (DFSV)

DES

SmallCap Dividend Fund

DES Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.65

Average Daily Volume

121,395

Number of Holdings ^*

573

* may have additional holdings in another (foreign) market

DFSV

Dimensional US Small Cap Value ETF

DFSV Description

Dimensional US Small Cap Value ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of small-cap companies. Dimensional US Small Cap Value ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.31

Average Daily Volume

441,632

Number of Holdings ^*

931

* may have additional holdings in another (foreign) market

Performance

Period	DES	DFSV
30 Days	-1.87%	-2.63%
60 Days	-3.04%	-3.16%
90 Days	-2.80%	-3.22%
12 Months	11.75%	14.10%

318 Overlapping Holdings

Symbol	Grade	Weight in DES	Weight in DFSV	Overlap
AAN	B	0.06%	0.03%	0.03%
ABCB	C	0.16%	0.33%	0.16%
ABM	B	0.28%	0.42%	0.28%
ACA	D	0.18%	0.4%	0.18%
ACCO	F	0.11%	0.04%	0.04%
ACU	D	0.03%	0.0%	0.0%
AGX	C	0.16%	0.01%	0.01%
ALCO	D	0.05%	0.02%	0.02%
ALG	F	0.1%	0.01%	0.01%
ALGT	F	0.14%	0.08%	0.08%
ALRS	F	0.05%	0.0%	0.0%
AMAL	B	0.05%	0.04%	0.04%
AMTB	C	0.04%	0.04%	0.04%
ANDE	D	0.13%	0.23%	0.13%
ANET	A	0.14%	0.02%	0.02%
ARC	B	0.03%	0.01%	0.01%
ARCB	D	0.12%	0.17%	0.12%
ARCH	C	0.13%	0.18%	0.13%
ARKO	D	0.08%	0.0%	0.0%
AROC	B	0.7%	0.05%	0.05%
AROW	B	0.02%	0.0%	0.0%
ASB	D	0.45%	0.4%	0.4%
ASIX	F	0.1%	0.06%	0.06%
ASTE	F	0.08%	0.06%	0.06%
ATNI	F	0.06%	0.03%	0.03%
AUB	C	0.3%	0.26%	0.26%
AVNT	D	0.44%	0.36%	0.36%
AZZ	D	0.16%	0.15%	0.15%
BANC	D	0.14%	0.01%	0.01%
BANR	C	0.18%	0.16%	0.16%
BELFB	C	0.08%	0.02%	0.02%
BGS	F	0.17%	0.03%	0.03%
BHB	D	0.03%	0.03%	0.03%
BHE	D	0.21%	0.19%	0.19%
BHLB	C	0.09%	0.1%	0.09%
BHRB	F	0.08%	0.03%	0.03%
BKU	C	0.23%	0.2%	0.2%
BMRC	C	0.02%	0.02%	0.02%
BRKL	D	0.07%	0.07%	0.07%
BRY	D	0.15%	0.05%	0.05%
BSET	D	0.03%	0.02%	0.02%
BSRR	B	0.04%	0.04%	0.04%
BTU	C	0.17%	0.28%	0.17%
BUSE	B	0.15%	0.13%	0.13%
BY	B	0.06%	0.06%	0.06%
CABO	F	0.19%	0.14%	0.14%
CAC	C	0.03%	0.03%	0.03%
CAL	F	0.12%	0.04%	0.04%
CALM	B	0.12%	0.25%	0.12%
CATC	B	0.03%	0.03%	0.03%
CATO	D	0.03%	0.01%	0.01%
CATY	D	0.43%	0.24%	0.24%
CCNE	D	0.05%	0.02%	0.02%
CCS	D	0.17%	0.34%	0.17%
CFFN	C	0.11%	0.03%	0.03%
CIVB	D	0.03%	0.02%	0.02%
CLAR	F	0.07%	0.0%	0.0%
CMCO	F	0.09%	0.1%	0.09%
CMP	F	0.05%	0.02%	0.02%
CNOB	F	0.05%	0.06%	0.05%
CNXN	D	0.09%	0.08%	0.08%
CPF	B	0.05%	0.04%	0.04%
CRC	C	0.47%	0.33%	0.33%
CRGY	B	0.2%	0.08%	0.08%
CTBI	C	0.14%	0.04%	0.04%
CVBF	C	0.3%	0.13%	0.13%
CZNC	F	0.03%	0.01%	0.01%
DAN	F	0.22%	0.17%	0.17%
DBI	F	0.07%	0.02%	0.02%
DCOM	C	0.08%	0.07%	0.07%
DGICA	F	0.04%	0.03%	0.03%
DK	F	0.23%	0.13%	0.13%
DLX	D	0.25%	0.07%	0.07%
DNUT	F	0.11%	0.05%	0.05%
EBC	B	0.25%	0.19%	0.19%
EBF	B	0.17%	0.07%	0.07%
EFSC	C	0.09%	0.12%	0.09%
EGBN	F	0.1%	0.04%	0.04%
EGY	C	0.18%	0.03%	0.03%
EIG	C	0.11%	0.14%	0.11%
EML	C	0.05%	0.0%	0.0%
ENS	C	0.27%	0.11%	0.11%
EPC	B	0.18%	0.24%	0.18%
EPM	F	0.04%	0.01%	0.01%
EQBK	B	0.04%	0.02%	0.02%
ESCA	F	0.05%	0.0%	0.0%
ESE	D	0.12%	0.01%	0.01%
ETD	D	0.18%	0.09%	0.09%
EVC	F	0.05%	0.01%	0.01%
FBIZ	C	0.02%	0.02%	0.02%
FBK	B	0.09%	0.06%	0.06%
FBMS	D	0.07%	0.05%	0.05%
FBNC	C	0.09%	0.09%	0.09%
FCBC	B	0.08%	0.01%	0.01%
FCF	B	0.14%	0.1%	0.1%
FF	C	0.06%	0.02%	0.02%
FFBC	D	0.41%	0.23%	0.23%
FFIC	C	0.05%	0.03%	0.03%
FHB	C	0.41%	0.24%	0.24%
FIBK	B	0.63%	0.25%	0.25%
FISI	B	0.07%	0.03%	0.03%
FLIC	F	0.04%	0.02%	0.02%
FMBH	B	0.05%	0.03%	0.03%
FNWB	D	0.0%	0.0%	0.0%
FRBA	C	0.02%	0.02%	0.02%
FRME	D	0.25%	0.16%	0.16%
FRST	C	0.03%	0.02%	0.02%
FSBW	C	0.02%	0.01%	0.01%
FULT	D	0.35%	0.34%	0.34%
GBX	D	0.22%	0.21%	0.21%
GEF	F	0.25%	0.19%	0.19%
GEF	F	0.25%	0.01%	0.01%
GES	D	0.24%	0.04%	0.04%
GHC	D	0.15%	0.3%	0.15%
GNTY	C	0.03%	0.01%	0.01%
GRNT	C	0.26%	0.01%	0.01%
GSBC	C	0.04%	0.02%	0.02%
GTN	F	0.08%	0.04%	0.04%
GVA	B	0.17%	0.09%	0.09%
HAFC	C	0.04%	0.04%	0.04%
HAYN	C	0.12%	0.07%	0.07%
HBB	D	0.05%	0.0%	0.0%
HBNC	D	0.07%	0.04%	0.04%
HBT	B	0.08%	0.0%	0.0%
HCC	C	0.14%	0.04%	0.04%
HFWA	D	0.08%	0.05%	0.05%
HI	F	0.25%	0.19%	0.19%
HIBB	A	0.14%	0.01%	0.01%
HL	C	0.14%	0.31%	0.14%
HLIO	D	0.12%	0.11%	0.11%
HMN	D	0.13%	0.04%	0.04%
HNI	C	0.27%	0.06%	0.06%
HOFT	F	0.03%	0.02%	0.02%
HONE	C	0.03%	0.04%	0.03%
HOPE	C	0.21%	0.1%	0.1%
HP	D	0.38%	0.38%	0.38%
HPK	C	0.09%	0.0%	0.0%
HSII	D	0.11%	0.05%	0.05%
HSTM	C	0.08%	0.01%	0.01%
HTBK	C	0.09%	0.04%	0.04%
HTLD	C	0.07%	0.08%	0.07%
HTLF	B	0.18%	0.17%	0.17%
HURC	F	0.03%	0.01%	0.01%
HVT	F	0.11%	0.05%	0.05%
HWC	C	0.33%	0.38%	0.33%
IBCP	B	0.06%	0.02%	0.02%
IBOC	C	0.4%	0.05%	0.05%
IBTX	B	0.19%	0.16%	0.16%
III	F	0.02%	0.0%	0.0%
IIIN	F	0.06%	0.04%	0.04%
IMKTA	F	0.07%	0.13%	0.07%
IMMR	B	0.09%	0.01%	0.01%
INBK	C	0.01%	0.02%	0.01%
INDB	D	0.24%	0.17%	0.17%
IOSP	D	0.25%	0.0%	0.0%
ISTR	D	0.02%	0.0%	0.0%
ITIC	B	0.05%	0.0%	0.0%
JBT	F	0.15%	0.09%	0.09%
JOUT	F	0.05%	0.03%	0.03%
KALU	D	0.32%	0.06%	0.06%
KELYA	D	0.09%	0.06%	0.06%
KFY	B	0.22%	0.34%	0.22%
KMT	F	0.25%	0.16%	0.16%
KOP	F	0.07%	0.05%	0.05%
KRNY	C	0.05%	0.04%	0.04%
KRO	D	0.43%	0.05%	0.05%
KSS	F	0.74%	0.25%	0.25%
KW	C	0.1%	0.01%	0.01%
LAKE	B	0.05%	0.02%	0.02%
LBRT	D	0.31%	0.31%	0.31%
LCII	F	0.36%	0.15%	0.15%
LCUT	F	0.06%	0.02%	0.02%
LEG	F	0.39%	0.08%	0.08%
LYTS	D	0.09%	0.01%	0.01%
LZB	C	0.17%	0.16%	0.16%
MATW	F	0.11%	0.05%	0.05%
MATX	B	0.27%	0.47%	0.27%
MBCN	D	0.01%	0.0%	0.0%
MBWM	C	0.08%	0.07%	0.07%
MCS	F	0.08%	0.03%	0.03%
MEI	F	0.05%	0.02%	0.02%
MGPI	F	0.08%	0.05%	0.05%
MLAB	D	0.06%	0.02%	0.02%
MLKN	D	0.23%	0.16%	0.16%
MLR	D	0.14%	0.08%	0.08%
MMI	D	0.06%	0.05%	0.05%
MNRO	F	0.13%	0.04%	0.04%
MOV	D	0.09%	0.05%	0.05%
MRTN	C	0.12%	0.11%	0.11%
MSBI	D	0.05%	0.05%	0.05%
MTX	C	0.13%	0.26%	0.13%
MYE	F	0.1%	0.01%	0.01%
NAVI	F	0.18%	0.16%	0.16%
NBHC	B	0.13%	0.1%	0.1%
NBN	B	0.02%	0.01%	0.01%
NBTB	B	0.17%	0.03%	0.03%
NC	F	0.05%	0.02%	0.02%
NECB	B	0.02%	0.01%	0.01%
NFBK	C	0.06%	0.04%	0.04%
NGVC	A	0.13%	0.03%	0.03%
NHC	A	0.28%	0.16%	0.16%
NIC	C	0.06%	0.04%	0.04%
NMRK	C	0.07%	0.11%	0.07%
NNI	C	0.13%	0.33%	0.13%
NOG	C	0.56%	0.1%	0.1%
NPK	D	0.14%	0.04%	0.04%
NPO	D	0.19%	0.04%	0.04%
NRIM	B	0.05%	0.01%	0.01%
NUS	F	0.14%	0.02%	0.02%
NWBI	C	0.3%	0.15%	0.15%
NWLI	A	0.08%	0.12%	0.08%
NX	F	0.08%	0.08%	0.08%
OBK	D	0.03%	0.07%	0.03%
OCFC	B	0.14%	0.08%	0.08%
ODC	F	0.09%	0.01%	0.01%
OFG	B	0.18%	0.07%	0.07%
OPY	B	0.03%	0.0%	0.0%
ORRF	B	0.03%	0.02%	0.02%
OSBC	B	0.04%	0.02%	0.02%
PAHC	C	0.04%	0.02%	0.02%
PATK	D	0.37%	0.1%	0.1%
PDCO	F	0.34%	0.0%	0.0%
PEBO	D	0.22%	0.13%	0.13%
PFC	D	0.11%	0.07%	0.07%
PFS	D	0.3%	0.2%	0.2%
PGC	F	0.03%	0.04%	0.03%
PHIN	D	0.31%	0.04%	0.04%
PHX	D	0.04%	0.01%	0.01%
PINC	F	0.34%	0.18%	0.18%
PKOH	D	0.08%	0.03%	0.03%
PLPC	F	0.07%	0.06%	0.06%
PPBI	F	0.33%	0.2%	0.2%
PRDO	C	0.23%	0.14%	0.14%
PRIM	D	0.16%	0.22%	0.16%
PSMT	D	0.16%	0.1%	0.1%
PTVE	F	0.26%	0.1%	0.1%
QCRH	C	0.04%	0.08%	0.04%
RBCAA	C	0.1%	0.06%	0.06%
RCKY	C	0.07%	0.04%	0.04%
RDUS	F	0.08%	0.05%	0.05%
RELL	C	0.04%	0.01%	0.01%
REPX	C	0.16%	0.01%	0.01%
RES	F	0.15%	0.1%	0.1%
REVG	D	0.15%	0.07%	0.07%
RGP	F	0.08%	0.04%	0.04%
RM	D	0.04%	0.03%	0.03%
RNGR	C	0.07%	0.02%	0.02%
RNST	B	0.14%	0.16%	0.14%
RRBI	D	0.02%	0.0%	0.0%
RUSHA	F	0.3%	0.25%	0.25%
RUSHB	F	0.06%	0.01%	0.01%
RYI	F	0.09%	0.06%	0.06%
SAH	D	0.16%	0.11%	0.11%
SASR	C	0.18%	0.08%	0.08%
SBCF	D	0.16%	0.11%	0.11%
SCHL	D	0.12%	0.12%	0.12%
SCL	D	0.16%	0.16%	0.16%
SCS	C	0.24%	0.12%	0.12%
SCVL	C	0.15%	0.14%	0.14%
SD	D	0.1%	0.0%	0.0%
SFNC	D	0.31%	0.19%	0.19%
SGA	F	0.03%	0.01%	0.01%
SGC	D	0.07%	0.01%	0.01%
SHBI	C	0.03%	0.01%	0.01%
SHEN	C	0.06%	0.04%	0.04%
SHYF	F	0.09%	0.0%	0.0%
SMBC	C	0.03%	0.0%	0.0%
SMBK	B	0.03%	0.02%	0.02%
SMP	F	0.1%	0.06%	0.06%
SOI	D	0.07%	0.02%	0.02%
SPFI	D	0.02%	0.01%	0.01%
SPTN	F	0.12%	0.07%	0.07%
SRCE	B	0.14%	0.03%	0.03%
STBA	B	0.14%	0.11%	0.11%
STC	D	0.16%	0.1%	0.1%
STRA	C	0.3%	0.26%	0.26%
SWBI	D	0.13%	0.05%	0.05%
SXC	D	0.17%	0.11%	0.11%
TCBK	C	0.09%	0.08%	0.08%
TDS	B	0.33%	0.21%	0.21%
TEX	D	0.21%	0.01%	0.01%
TGNA	D	0.32%	0.22%	0.22%
THFF	D	0.07%	0.04%	0.04%
TILE	D	0.1%	0.05%	0.05%
TOWN	B	0.21%	0.16%	0.16%
TRMK	C	0.19%	0.16%	0.16%
TRN	D	0.38%	0.14%	0.14%
TRS	D	0.07%	0.1%	0.07%
TRST	C	0.07%	0.05%	0.05%
TWIN	F	0.04%	0.0%	0.0%
UCBI	D	0.32%	0.26%	0.26%
UFCS	D	0.03%	0.03%	0.03%
ULH	D	0.16%	0.02%	0.02%
UMBF	C	0.23%	0.11%	0.11%
UNF	B	0.12%	0.24%	0.12%
UNTY	C	0.01%	0.01%	0.01%
UTMD	F	0.06%	0.01%	0.01%
UVV	D	0.32%	0.16%	0.16%
VAC	F	0.47%	0.24%	0.24%
VBTX	C	0.13%	0.09%	0.09%
VLGEA	D	0.07%	0.03%	0.03%
VSEC	B	0.12%	0.07%	0.07%
VSH	D	0.22%	0.37%	0.22%
VSTS	F	0.08%	0.03%	0.03%
WAFD	C	0.17%	0.21%	0.17%
WASH	C	0.09%	0.03%	0.03%
WERN	F	0.15%	0.21%	0.15%
WEYS	D	0.08%	0.02%	0.02%
WGO	F	0.15%	0.17%	0.15%
WIRE	A	0.22%	0.02%	0.02%
WMK	D	0.18%	0.22%	0.18%
WNC	F	0.1%	0.04%	0.04%
WOR	F	0.32%	0.08%	0.08%
WSBC	D	0.25%	0.18%	0.18%
WSFS	B	0.13%	0.25%	0.13%
WTTR	B	0.2%	0.1%	0.1%
XRX	F	0.45%	0.15%	0.15%
ZEUS	F	0.07%	0.06%	0.06%

DES Overweight 256 Positions Relative to DFSV

Symbol	Grade	Weight
OGN	C	1.58%
TFSL	D	0.86%
ALE	C	0.8%
CVI	F	0.79%
EPR	C	0.78%
NSA	B	0.7%
BNL	B	0.66%
KNTK	B	0.61%
JWN	B	0.6%
TNL	D	0.59%
SBRA	A	0.58%
CNS	B	0.58%
BKH	D	0.58%
SMG	D	0.57%
CCOI	D	0.55%
OGS	C	0.55%
EPRT	A	0.55%
SR	C	0.54%
MC	A	0.52%
FBP	B	0.51%
NHI	A	0.51%
CRI	F	0.51%
VCTR	D	0.51%
NWE	D	0.51%
KTB	D	0.5%
SLG	B	0.49%
AVA	D	0.49%
VGR	C	0.47%
TPG	D	0.46%
OTTR	D	0.45%
PNM	D	0.42%
IIPR	B	0.4%
SEM	A	0.39%
SHOO	C	0.38%
SLVM	D	0.38%
BKE	D	0.36%
SLM	D	0.35%
MGEE	D	0.35%
CRS	B	0.35%
SXT	C	0.34%
KLG	F	0.33%
JJSF	B	0.31%
HRI	F	0.31%
AWR	D	0.31%
CUZ	D	0.31%
VIRT	C	0.31%
ENR	C	0.31%
RRR	B	0.3%
BCO	B	0.3%
SPB	D	0.29%
BOH	F	0.29%
BRC	B	0.29%
GFF	D	0.28%
CBU	B	0.28%
IDCC	A	0.28%
CAKE	C	0.28%
KMPR	C	0.27%
VRTS	D	0.26%
WHD	C	0.26%
NWN	F	0.26%
AESI	C	0.25%
MCY	C	0.25%
AMSF	F	0.25%
WD	D	0.25%
BLMN	F	0.25%
WWW	C	0.24%
CACC	B	0.24%
CBRL	F	0.24%
WDFC	D	0.24%
MWA	C	0.24%
STEP	B	0.24%
BANF	D	0.23%
CPK	C	0.23%
CWT	C	0.23%
PRK	B	0.23%
APOG	D	0.22%
CTRE	A	0.22%
SJW	D	0.22%
OXM	D	0.21%
PBI	A	0.21%
WINA	D	0.21%
MGRC	D	0.21%
KLIC	B	0.2%
IRT	B	0.2%
JBSS	D	0.2%
SKT	D	0.2%
SITC	B	0.2%
MAC	D	0.19%
CSWI	A	0.19%
SFBS	C	0.19%
CHCO	C	0.19%
CNO	B	0.19%
PIPR	A	0.19%
AEIS	C	0.19%
UTL	D	0.19%
HY	D	0.19%
AGM	B	0.18%
BDC	C	0.18%
HWKN	B	0.18%
CSGS	F	0.18%
CRAI	C	0.18%
POWL	D	0.18%
MCRI	D	0.18%
PZZA	F	0.17%
GIC	F	0.17%
LXP	B	0.17%
HEES	F	0.17%
KFRC	D	0.17%
WABC	D	0.17%
TNC	D	0.17%
SSTK	F	0.16%
ATRI	B	0.16%
KWR	F	0.16%
ALX	B	0.15%
PK	D	0.15%
SXI	D	0.15%
UTZ	D	0.15%
LMAT	A	0.15%
KAI	B	0.15%
AIN	D	0.15%
BGC	C	0.15%
KRT	C	0.15%
NSSC	B	0.15%
PRGS	B	0.15%
GRC	C	0.14%
YOU	B	0.14%
GABC	B	0.14%
JOE	D	0.14%
PFBC	D	0.14%
PCH	F	0.14%
USPH	F	0.14%
SAFT	D	0.13%
USLM	C	0.13%
DIN	F	0.13%
BBSI	B	0.12%
LTC	A	0.12%
PLOW	F	0.12%
LKFN	D	0.12%
ATEN	C	0.12%
SAVE	F	0.12%
CDRE	B	0.12%
ICFI	D	0.12%
PJT	A	0.11%
FCPT	B	0.11%
VHI	D	0.11%
CWH	F	0.11%
MSEX	C	0.11%
HTH	D	0.11%
UWMC	D	0.11%
LNN	D	0.11%
MTRN	F	0.11%
DBRG	F	0.11%
JACK	F	0.11%
TPB	B	0.11%
EMBC	F	0.11%
TR	C	0.11%
HCKT	D	0.11%
SYBT	C	0.1%
DEI	D	0.1%
UE	B	0.1%
CNMD	D	0.1%
CTS	D	0.1%
SHO	C	0.1%
NVEC	D	0.1%
EPAC	B	0.1%
YORW	B	0.1%
GTY	D	0.1%
AKR	A	0.09%
SBSI	D	0.09%
CSV	C	0.09%
EVTC	F	0.09%
SLP	F	0.09%
RGR	F	0.09%
SPOK	C	0.09%
MPX	F	0.09%
EE	C	0.08%
JBGS	B	0.08%
NATH	B	0.08%
EXPI	F	0.08%
CLB	B	0.08%
PKE	F	0.08%
ALEX	B	0.08%
DRH	D	0.08%
GWRS	D	0.08%
AMSWA	D	0.08%
SVC	F	0.08%
LMNR	D	0.08%
MBIN	C	0.08%
TRAK	C	0.07%
UMH	A	0.07%
AAT	B	0.07%
IVT	C	0.07%
CVGW	F	0.07%
RLJ	F	0.07%
ESRT	C	0.07%
XHR	D	0.07%
ROIC	C	0.07%
LOB	F	0.07%
ARTNA	C	0.07%
CASH	B	0.07%
DEA	B	0.07%
GCMG	C	0.07%
MCBS	B	0.07%
PEB	D	0.07%
GNE	D	0.06%
RGCO	D	0.06%
NEWT	D	0.06%
ALTG	F	0.06%
OFLX	F	0.06%
NTST	D	0.06%
NRC	F	0.06%
MSB	C	0.06%
UVE	D	0.06%
WTI	D	0.06%
CTO	B	0.05%
PGRE	C	0.05%
DHIL	F	0.05%
WSR	B	0.05%
RICK	F	0.05%
BFS	C	0.05%
CSR	B	0.05%
FSBC	C	0.04%
AHH	B	0.04%
CHCT	F	0.04%
CSPI	B	0.04%
CASS	D	0.04%
GMRE	B	0.04%
PLYM	B	0.04%
AMRK	C	0.04%
HCI	F	0.04%
TSQ	C	0.04%
BSIG	C	0.04%
BFC	D	0.04%
CBL	B	0.04%
HQI	F	0.04%
MCBC	A	0.04%
LAND	B	0.03%
FPI	C	0.03%
CLDT	D	0.03%
DHC	B	0.03%
PSTL	C	0.03%
OLP	B	0.03%
WTBA	D	0.03%
TIPT	F	0.03%
FMNB	D	0.03%
BSVN	B	0.03%
BRT	D	0.03%
PINE	D	0.02%
SSBK	C	0.02%
PKST	F	0.02%
CBNK	D	0.02%
RMR	D	0.02%
VOC	D	0.02%
FDBC	F	0.01%
OBT	B	0.01%
PLBC	F	0.01%

DES Underweight 613 Positions Relative to DFSV

Symbol	Grade	Weight
AMKR	B	-0.76%
CMC	D	-0.68%
TMHC	D	-0.67%
PVH	F	-0.67%
MHK	D	-0.67%
KEX	B	-0.64%
FNB	C	-0.63%
AVT	D	-0.62%
MUR	D	-0.61%
MTG	B	-0.59%
AL	C	-0.58%
JXN	C	-0.58%
DTM	B	-0.58%
PBF	F	-0.56%
SWN	D	-0.56%
IVZ	D	-0.54%
AGO	D	-0.54%
ONB	B	-0.51%
M	C	-0.51%
GPI	D	-0.51%
POST	C	-0.51%
WAL	B	-0.5%
CNX	C	-0.5%
ALK	F	-0.5%
STNG	B	-0.49%
INGR	D	-0.49%
SANM	C	-0.49%
AA	B	-0.48%
THO	D	-0.48%
PB	D	-0.47%
OZK	D	-0.47%
FYBR	B	-0.47%
TPH	D	-0.47%
ASH	D	-0.46%
PNFP	D	-0.46%
ESNT	C	-0.45%
JHG	B	-0.45%
CADE	D	-0.45%
WTM	D	-0.45%
URBN	C	-0.44%
ARW	D	-0.44%
ST	C	-0.42%
GATX	B	-0.42%
ESI	B	-0.42%
FHN	C	-0.42%
WTFC	D	-0.42%
SM	D	-0.42%
R	B	-0.42%
COHR	B	-0.41%
OSK	D	-0.41%
NOV	D	-0.41%
UBSI	D	-0.41%
AR	D	-0.41%
AXS	C	-0.4%
RIG	F	-0.4%
HUN	F	-0.4%
MDU	C	-0.39%
WCC	D	-0.39%
SKYW	B	-0.39%
GTES	D	-0.39%
MTDR	D	-0.38%
ZION	C	-0.38%
CHRD	C	-0.38%
LAD	F	-0.38%
HOG	F	-0.37%
WBS	D	-0.36%
ESGR	A	-0.36%
ABG	D	-0.36%
ALIT	F	-0.36%
PRGO	F	-0.35%
HUBG	C	-0.35%
DXC	C	-0.35%
ATGE	A	-0.34%
X	C	-0.33%
BWA	F	-0.33%
SEB	F	-0.33%
DNB	F	-0.33%
CEIX	B	-0.32%
TCBI	C	-0.32%
MAN	D	-0.32%
GNW	D	-0.32%
GT	F	-0.32%
BOKF	D	-0.32%
SSB	D	-0.31%
LTH	B	-0.31%
DAR	F	-0.31%
BPOP	D	-0.31%
CLF	D	-0.3%
VLY	F	-0.3%
LEA	F	-0.3%
JLL	B	-0.3%
INSW	C	-0.29%
REZI	D	-0.28%
B	B	-0.28%
TTMI	B	-0.27%
GPS	C	-0.27%
ENOV	F	-0.27%
ADTN	D	-0.27%
KNX	C	-0.27%
AZTA	D	-0.27%
DHT	D	-0.26%
MODG	D	-0.26%
SRCL	B	-0.26%
SNV	B	-0.25%
TROX	D	-0.25%
BCC	F	-0.25%
CRK	D	-0.25%
ZD	F	-0.24%
ADNT	F	-0.24%
RRC	D	-0.24%
CIVI	D	-0.24%
XRAY	F	-0.24%
LGIH	F	-0.23%
CWK	C	-0.23%
JAZZ	F	-0.23%
LPG	C	-0.23%
BERY	D	-0.23%
ELAN	D	-0.23%
FL	D	-0.23%
MIR	C	-0.22%
XPRO	C	-0.22%
LBRDK	C	-0.22%
DIOD	C	-0.22%
BIO	D	-0.22%
NJR	D	-0.21%
SKX	C	-0.21%
USM	B	-0.21%
GPOR	D	-0.21%
TNK	C	-0.21%
IPGP	D	-0.2%
ACT	C	-0.2%
NVST	F	-0.2%
ORA	C	-0.2%
CMRE	C	-0.2%
FAF	D	-0.19%
NEOG	C	-0.19%
COLB	D	-0.19%
PLAB	D	-0.19%
ODP	F	-0.19%
SFL	C	-0.19%
THS	C	-0.19%
JBLU	C	-0.19%
CMA	C	-0.19%
SNDR	B	-0.19%
HLX	B	-0.18%
AGCO	F	-0.18%
AAP	F	-0.18%
BHF	F	-0.18%
AIR	B	-0.17%
PPC	B	-0.17%
CUBI	B	-0.17%
FA	C	-0.16%
KAR	C	-0.16%
SIG	D	-0.16%
CENTA	D	-0.16%
HELE	F	-0.16%
AEO	F	-0.16%
CLVT	F	-0.16%
APA	F	-0.16%
BILL	F	-0.16%
FOR	F	-0.15%
OI	F	-0.15%
ASGN	D	-0.14%
FDP	F	-0.14%
LILAK	B	-0.14%
ICUI	B	-0.14%
UA	F	-0.14%
NTCT	D	-0.14%
SGRY	F	-0.14%
ITGR	C	-0.13%
GMS	D	-0.13%
ROG	D	-0.13%
AOSL	B	-0.13%
NWL	F	-0.13%
AMWD	F	-0.13%
SATS	B	-0.12%
GIII	F	-0.12%
DNOW	D	-0.12%
TALO	F	-0.12%
MRCY	D	-0.12%
LRN	D	-0.12%
SPNT	D	-0.12%
KN	D	-0.12%
COHU	B	-0.12%
NMIH	B	-0.11%
SCSC	D	-0.11%
INVA	B	-0.11%
SWI	B	-0.11%
SUPN	F	-0.11%
KBH	D	-0.11%
HGV	D	-0.11%
GXO	F	-0.11%
VCYT	C	-0.11%
ECVT	D	-0.1%
PBH	C	-0.1%
BMBL	F	-0.1%
ASC	C	-0.1%
ECPG	D	-0.1%
PCRX	F	-0.1%
MGNI	B	-0.1%
GO	D	-0.1%
BV	C	-0.1%
CPA	D	-0.1%
DCO	B	-0.1%
PLYA	D	-0.09%
LC	C	-0.09%
OMI	F	-0.09%
REX	F	-0.09%
GNK	D	-0.09%
LAUR	C	-0.09%
PUMP	F	-0.09%
CLW	D	-0.08%
AXL	F	-0.08%
ACIW	A	-0.08%
ATSG	C	-0.08%
BXC	F	-0.08%
ASO	F	-0.08%
JELD	F	-0.08%
TK	C	-0.08%
HZO	C	-0.08%
AVNS	F	-0.08%
VTOL	C	-0.08%
UAA	F	-0.08%
NXST	B	-0.08%
ROCK	D	-0.07%
ETWO	C	-0.07%
HAYW	F	-0.07%
NAT	D	-0.07%
MLI	C	-0.07%
PRM	B	-0.07%
RCM	F	-0.07%
IART	C	-0.07%
NR	C	-0.07%
EZPW	D	-0.07%
CDE	A	-0.07%
DGII	D	-0.07%
KE	F	-0.07%
PLXS	D	-0.07%
ENVA	B	-0.07%
MIDD	F	-0.07%
GLDD	C	-0.06%
AMBC	F	-0.06%
PFSI	B	-0.06%
MRC	D	-0.06%
VREX	F	-0.06%
DXPE	D	-0.06%
NVRI	C	-0.06%
PLUS	D	-0.06%
VSTO	B	-0.06%
PRA	F	-0.06%
UVSP	B	-0.06%
CZR	C	-0.06%
SOFI	F	-0.06%
WS	C	-0.06%
SRCL	B	-0.06%
SBLK	D	-0.06%
DRQ	F	-0.06%
TRC	C	-0.05%
PRAA	F	-0.05%
SBOW	B	-0.05%
ZUMZ	B	-0.05%
MOS	F	-0.05%
MSGE	D	-0.05%
UFPI	D	-0.05%
MBUU	F	-0.05%
VPG	F	-0.05%
MD	F	-0.05%
FUL	D	-0.05%
SLCA	B	-0.05%
TPC	C	-0.05%
SNCY	C	-0.05%
HOMB	D	-0.05%
HTZ	F	-0.05%
CACI	B	-0.05%
NAPA	F	-0.05%
MATV	D	-0.04%
GCI	B	-0.04%
WHR	C	-0.04%
HCSG	D	-0.04%
OMCL	F	-0.04%
GPRE	F	-0.04%
HTBI	B	-0.04%
TITN	F	-0.04%
GSM	C	-0.04%
MERC	F	-0.04%
NWPX	D	-0.04%
CTOS	F	-0.04%
TKR	D	-0.04%
DAKT	B	-0.04%
OSG	A	-0.04%
CFB	B	-0.04%
CENT	F	-0.04%
EYE	F	-0.04%
PACK	D	-0.04%
THR	D	-0.04%
GLRE	D	-0.04%
CCRN	F	-0.04%
RDN	B	-0.04%
USNA	F	-0.04%
LBRDA	C	-0.04%
GRBK	C	-0.04%
OIS	F	-0.03%
LOVE	F	-0.03%
AMCX	F	-0.03%
USAP	D	-0.03%
FLWS	C	-0.03%
BOOM	C	-0.03%
ORN	D	-0.03%
LXU	F	-0.03%
GCO	F	-0.03%
PARR	F	-0.03%
SRI	F	-0.03%
LEGH	D	-0.03%
AVO	F	-0.03%
UNFI	C	-0.03%
DOLE	C	-0.03%
TWI	F	-0.03%
ZIMV	B	-0.03%
FRPH	F	-0.03%
TBI	F	-0.03%
GDOT	F	-0.03%
OSUR	F	-0.03%
FMC	F	-0.03%
IPI	D	-0.03%
AHCO	D	-0.03%
IAS	C	-0.03%
BFST	D	-0.03%
LOCO	C	-0.03%
BOC	F	-0.03%
VMEO	F	-0.03%
MTW	F	-0.03%
LILA	C	-0.03%
BJRI	B	-0.03%
PRLB	D	-0.03%
CVEO	D	-0.02%
MOFG	C	-0.02%
MG	D	-0.02%
RBB	C	-0.02%
MEC	B	-0.02%
FLXS	D	-0.02%
CNDT	D	-0.02%
MPB	B	-0.02%
CFFI	D	-0.02%
TSBK	D	-0.02%
TWLO	D	-0.02%
GDEN	F	-0.02%
BCML	D	-0.02%
CLFD	C	-0.02%
ASLE	F	-0.02%
MCFT	F	-0.02%
FSTR	F	-0.02%
SBH	D	-0.02%
NTGR	C	-0.02%
ANGO	F	-0.02%
BBCP	F	-0.02%
PYCR	D	-0.02%
HMST	C	-0.02%
HOV	D	-0.02%
ADV	D	-0.02%
LGF.A	D	-0.02%
ASUR	C	-0.02%
RYAM	C	-0.02%
CHGG	F	-0.02%
CTRN	F	-0.02%
VNDA	C	-0.02%
GENC	D	-0.02%
AVD	F	-0.02%
SMHI	B	-0.02%
RLGT	C	-0.02%
BAND	C	-0.02%
BKD	C	-0.02%
HBCP	C	-0.02%
LSEA	F	-0.02%
CRSR	F	-0.02%
HRTG	F	-0.02%
PANL	C	-0.02%
HNRG	C	-0.02%
UCTT	A	-0.02%
TMP	C	-0.02%
AMPY	B	-0.02%
RBBN	B	-0.02%
KODK	B	-0.02%
NGS	D	-0.02%
WSBF	B	-0.02%
RUN	F	-0.02%
AMPS	D	-0.02%
ACTG	C	-0.01%
ACDC	F	-0.01%
ANGI	F	-0.01%
MOG.A	C	-0.01%
OPBK	D	-0.01%
NEXA	B	-0.01%
FORR	F	-0.01%
CEVA	D	-0.01%
CRNC	F	-0.01%
INTT	D	-0.01%
CPS	F	-0.01%
NATR	F	-0.01%
CNSL	B	-0.01%
CBAN	B	-0.01%
RIOT	D	-0.01%
EBTC	F	-0.01%
LTRX	F	-0.01%
RVSB	F	-0.01%
WLFC	B	-0.01%
CMTL	D	-0.01%
FLGT	F	-0.01%
POWW	F	-0.01%
TCMD	F	-0.01%
CVGI	F	-0.01%
HDSN	F	-0.01%
UBFO	D	-0.01%
NBR	F	-0.01%
CHUY	F	-0.01%
BWB	D	-0.01%
PKBK	F	-0.01%
TCBX	D	-0.01%
SPWH	F	-0.01%
DHX	D	-0.01%
VRA	F	-0.01%
FONR	C	-0.01%
ICHR	B	-0.01%
CCBG	D	-0.01%
STRT	C	-0.01%
VYGR	F	-0.01%
BALY	F	-0.01%
BLFY	C	-0.01%
CNXC	C	-0.01%
PCB	D	-0.01%
GEOS	D	-0.01%
PETQ	B	-0.01%
AOUT	C	-0.01%
LGND	B	-0.01%
MPAA	C	-0.01%
TTEC	F	-0.01%
AMR	D	-0.01%
AVNW	F	-0.01%
BZH	F	-0.01%
BFIN	B	-0.01%
SSYS	F	-0.01%
VRNT	C	-0.01%
DXLG	D	-0.01%
RMAX	F	-0.01%
TTSH	C	-0.01%
BCBP	D	-0.01%
BH	D	-0.01%
SENEA	C	-0.01%
LXFR	D	-0.01%
SWIM	F	-0.01%
FUNC	C	-0.01%
CLNE	F	-0.01%
FRD	F	-0.01%
FET	F	-0.01%
PFIS	C	-0.01%
ORGO	C	-0.01%
PTSI	F	-0.01%
SSP	F	-0.01%
DH	F	-0.01%
LINC	B	-0.01%
QUAD	B	-0.01%
WNEB	C	-0.01%
VIRC	C	-0.01%
JAKK	D	-0.01%
ULBI	D	-0.01%
THRY	F	-0.01%
CARE	B	-0.01%
SSBI	D	-0.0%
RBKB	B	-0.0%
ESP	C	-0.0%
COFS	C	-0.0%
LSBK	C	-0.0%
FCAP	B	-0.0%
HWBK	B	-0.0%
FSFG	B	-0.0%
FCCO	D	-0.0%
KEQU	B	-0.0%
CFBK	D	-0.0%
OVBC	F	-0.0%
BOTJ	C	-0.0%
IROQ	C	-0.0%
LARK	C	-0.0%
RMBI	B	-0.0%
LUNA	D	-0.0%
NWFL	F	-0.0%
TAIT	D	-0.0%
FNCB	B	-0.0%
ELSE	D	-0.0%
VABK	C	-0.0%
CONN	F	-0.0%
GROW	C	-0.0%
LGL	B	-0.0%
NTIP	F	-0.0%
HNNA	B	-0.0%
SLNG	D	-0.0%
AMS	D	-0.0%
FUSB	D	-0.0%
DAIO	D	-0.0%
NSYS	C	-0.0%
CPSS	B	-0.0%
FKWL	B	-0.0%
DIT	D	-0.0%
CRWS	D	-0.0%
MGYR	B	-0.0%
BDL	D	-0.0%
VOXX	F	-0.0%
CULP	C	-0.0%
OPHC	C	-0.0%
EVI	F	-0.0%
ALTO	F	-0.0%
ATLO	D	-0.0%
WHLM	B	-0.0%
ALOT	F	-0.0%
WVVI	F	-0.0%
FRAF	D	-0.0%
EBMT	C	-0.0%
TAYD	D	-0.0%
AMRC	F	-0.0%
PPIH	D	-0.0%
HMNF	C	-0.0%
AFBI	A	-0.0%
CBFV	C	-0.0%
HFFG	F	-0.0%
LCNB	D	-0.0%
TSRI	A	-0.0%
UEIC	D	-0.0%
SGRP	B	-0.0%
GPRO	F	-0.0%
NTIC	D	-0.0%
AE	C	-0.0%
LGF.A	D	-0.0%
CKX	D	-0.0%
UONEK	F	-0.0%
CVR	F	-0.0%
FLL	C	-0.0%
WHG	C	-0.0%
METCB	F	-0.0%
PROV	D	-0.0%
UONE	F	-0.0%
FREE	A	-0.0%
TBRG	C	-0.0%
KOSS	B	-0.0%
CZFS	D	-0.0%
CALB	F	-0.0%
LIVE	F	-0.0%
FVCB	F	-0.0%
UFI	F	-0.0%
MYFW	C	-0.0%
EHTH	F	-0.0%
AXR	D	-0.0%
KIDS	C	-0.0%
BWEN	C	-0.0%
FMAO	C	-0.0%
ITI	D	-0.0%
CHMG	C	-0.0%
TRT	C	-0.0%
TG	D	-0.0%
ASRV	D	-0.0%
MRBK	B	-0.0%
MNSB	D	-0.0%
JRVR	F	-0.0%
PVBC	B	-0.0%
CSTL	F	-0.0%
HIFS	B	-0.0%
RSVR	C	-0.0%
AXTI	C	-0.0%
DO	C	-0.0%
EVBN	C	-0.0%
CVLY	B	-0.0%
NYCB	D	-0.0%
TACT	F	-0.0%
AC	F	-0.0%
ATLC	C	-0.0%
VTSI	F	-0.0%
OLO	F	-0.0%
FPH	D	-0.0%
TWKS	F	-0.0%
PRTS	F	-0.0%
GAIA	B	-0.0%
DLHC	F	-0.0%
NL	F	-0.0%
MNTX	F	-0.0%
WLDN	C	-0.0%
ANIK	D	-0.0%
PNRG	C	-0.0%
SRTS	B	-0.0%
SBFG	B	-0.0%
KTCC	F	-0.0%
TUSK	F	-0.0%
DLTH	F	-0.0%
ITOS	D	-0.0%
CZWI	C	-0.0%
ADUS	B	-0.0%
CGEM	D	-0.0%
LE	D	-0.0%
CIX	F	-0.0%
NEO	D	-0.0%
EPSN	C	-0.0%
MYPS	F	-0.0%
TBNK	F	-0.0%
TLYS	D	-0.0%
MCB	C	-0.0%
ONEW	D	-0.0%
SNFCA	B	-0.0%
MVBF	F	-0.0%
WOOF	C	-0.0%
TASK	C	-0.0%
KVHI	F	-0.0%
BWFG	D	-0.0%
PWOD	C	-0.0%
SFST	C	-0.0%
VSAT	F	-0.0%
SBT	C	-0.0%
ACNB	C	-0.0%