DFAS vs. FSMD ETF Comparison

Comparison of Dimensional U.S. Small Cap ETF (DFAS) to Fidelity Small-Mid Factor ETF (FSMD)

DFAS

Dimensional U.S. Small Cap ETF

DFAS Description

The investment seeks to achieve long-term capital appreciation while minimizing federal income taxes on returns. To achieve its investment objective, the fund, using a market capitalization weighted approach, purchases a broad and diverse group of securities of U.S. small cap companies. As a non-fundamental policy, normally, the fund will invest at least 80% of its net assets in securities of small cap U.S. companies. The fund may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

Grade (RS Rating)

Last Trade

$69.99

Average Daily Volume

278,836

Number of Holdings ^*

1904

* 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

$44.30

Average Daily Volume

86,159

Number of Holdings ^*

578

* may have additional holdings in another (foreign) market

Performance

Period	DFAS	FSMD
30 Days	8.76%	7.37%
60 Days	8.60%	7.55%
90 Days	9.01%	9.10%
12 Months	31.97%	35.46%

457 Overlapping Holdings

Symbol	Grade	Weight in DFAS	Weight in FSMD	Overlap
AAON	B	0.26%	0.25%	0.25%
ABG	B	0.15%	0.16%	0.15%
ACA	A	0.14%	0.15%	0.14%
ACIW	B	0.16%	0.19%	0.16%
ACLX	C	0.03%	0.19%	0.03%
ACT	D	0.04%	0.1%	0.04%
ADMA	B	0.11%	0.22%	0.11%
ADTN	A	0.08%	0.11%	0.08%
ADUS	D	0.06%	0.12%	0.06%
AEO	F	0.11%	0.12%	0.11%
AGCO	D	0.09%	0.15%	0.09%
AGX	B	0.06%	0.16%	0.06%
AIT	A	0.34%	0.25%	0.25%
AIZ	A	0.02%	0.26%	0.02%
ALE	A	0.11%	0.16%	0.11%
ALKS	B	0.12%	0.16%	0.12%
ALRM	C	0.07%	0.11%	0.07%
ALSN	B	0.25%	0.25%	0.25%
ALTR	B	0.13%	0.18%	0.13%
ALV	C	0.1%	0.19%	0.1%
AMAL	B	0.03%	0.11%	0.03%
AMCX	C	0.01%	0.08%	0.01%
AMED	F	0.04%	0.12%	0.04%
AMG	B	0.19%	0.17%	0.17%
AMKR	D	0.15%	0.11%	0.11%
AMN	F	0.02%	0.05%	0.02%
AMPH	D	0.05%	0.12%	0.05%
AMR	C	0.09%	0.1%	0.09%
AMRX	C	0.07%	0.12%	0.07%
AN	C	0.16%	0.13%	0.13%
ANDE	D	0.06%	0.08%	0.06%
ANF	C	0.31%	0.19%	0.19%
ANIP	F	0.03%	0.09%	0.03%
APAM	B	0.08%	0.14%	0.08%
APOG	B	0.05%	0.11%	0.05%
APPF	B	0.05%	0.16%	0.05%
ARCH	B	0.08%	0.13%	0.08%
AROC	B	0.12%	0.17%	0.12%
ARW	D	0.11%	0.16%	0.11%
ASB	B	0.12%	0.16%	0.12%
ASC	F	0.01%	0.06%	0.01%
ASGN	F	0.13%	0.15%	0.13%
ASH	D	0.12%	0.12%	0.12%
ASO	F	0.1%	0.13%	0.1%
ASTH	D	0.06%	0.1%	0.06%
ATEN	B	0.03%	0.11%	0.03%
ATGE	B	0.11%	0.14%	0.11%
ATR	B	0.0%	0.27%	0.0%
AVA	A	0.07%	0.13%	0.07%
AVT	C	0.14%	0.15%	0.14%
AWI	A	0.24%	0.18%	0.18%
AX	A	0.14%	0.16%	0.14%
AXNX	C	0.07%	0.15%	0.07%
AXS	A	0.16%	0.19%	0.16%
AXTA	A	0.16%	0.21%	0.16%
AYI	B	0.26%	0.24%	0.24%
AZZ	B	0.06%	0.11%	0.06%
BBSI	B	0.03%	0.09%	0.03%
BCC	B	0.18%	0.15%	0.15%
BCO	D	0.11%	0.12%	0.11%
BCPC	B	0.18%	0.16%	0.16%
BERY	B	0.13%	0.19%	0.13%
BFAM	D	0.13%	0.17%	0.13%
BFH	B	0.1%	0.13%	0.1%
BGC	C	0.1%	0.16%	0.1%
BHE	B	0.06%	0.11%	0.06%
BKE	B	0.06%	0.11%	0.06%
BKH	A	0.13%	0.16%	0.13%
BMI	B	0.18%	0.19%	0.18%
BPOP	B	0.17%	0.18%	0.17%
BRBR	A	0.23%	0.24%	0.23%
BRC	D	0.08%	0.12%	0.08%
BRKR	D	0.01%	0.15%	0.01%
BRY	F	0.01%	0.07%	0.01%
BTU	B	0.08%	0.15%	0.08%
BWA	D	0.13%	0.2%	0.13%
BWXT	B	0.12%	0.26%	0.12%
BYD	C	0.04%	0.17%	0.04%
CACI	D	0.1%	0.27%	0.1%
CALM	A	0.11%	0.15%	0.11%
CASH	A	0.06%	0.13%	0.06%
CASS	B	0.02%	0.09%	0.02%
CATY	B	0.11%	0.15%	0.11%
CBSH	A	0.17%	0.22%	0.17%
CBT	C	0.19%	0.18%	0.18%
CBZ	B	0.1%	0.13%	0.1%
CECO	A	0.03%	0.07%	0.03%
CEIX	A	0.11%	0.17%	0.11%
CFB	B	0.02%	0.09%	0.02%
CHCO	B	0.05%	0.12%	0.05%
CHE	D	0.09%	0.21%	0.09%
CHH	A	0.12%	0.14%	0.12%
CHRD	D	0.06%	0.2%	0.06%
CIEN	B	0.22%	0.26%	0.22%
CIVI	D	0.05%	0.14%	0.05%
CLW	F	0.01%	0.04%	0.01%
CMA	A	0.14%	0.24%	0.14%
CMC	B	0.24%	0.19%	0.19%
CNM	D	0.09%	0.16%	0.09%
CNO	A	0.1%	0.16%	0.1%
CNX	A	0.19%	0.23%	0.19%
CNXC	F	0.01%	0.07%	0.01%
CNXN	C	0.05%	0.09%	0.05%
COKE	C	0.09%	0.16%	0.09%
COLL	F	0.03%	0.08%	0.03%
COLM	B	0.12%	0.12%	0.12%
COOP	B	0.1%	0.19%	0.1%
CORT	B	0.13%	0.21%	0.13%
CPF	A	0.02%	0.11%	0.02%
CPRX	C	0.08%	0.15%	0.08%
CR	A	0.18%	0.21%	0.18%
CRAI	B	0.04%	0.1%	0.04%
CROX	D	0.12%	0.16%	0.12%
CRUS	D	0.17%	0.15%	0.15%
CRVL	A	0.21%	0.15%	0.15%
CSV	B	0.02%	0.1%	0.02%
CSWI	A	0.16%	0.18%	0.16%
CTBI	B	0.03%	0.11%	0.03%
CTS	C	0.04%	0.12%	0.04%
CUBI	C	0.06%	0.1%	0.06%
CVCO	A	0.11%	0.15%	0.11%
CVLT	B	0.17%	0.2%	0.17%
CWCO	C	0.01%	0.09%	0.01%
CXT	B	0.07%	0.11%	0.07%
DBX	B	0.11%	0.19%	0.11%
DCI	B	0.08%	0.21%	0.08%
DDS	B	0.11%	0.1%	0.1%
DINO	D	0.04%	0.18%	0.04%
DLB	B	0.06%	0.14%	0.06%
DOCS	C	0.13%	0.28%	0.13%
DORM	B	0.12%	0.17%	0.12%
DOX	D	0.01%	0.25%	0.01%
DTM	B	0.2%	0.28%	0.2%
DXC	B	0.09%	0.15%	0.09%
DY	D	0.15%	0.15%	0.15%
EBF	F	0.02%	0.07%	0.02%
EEFT	B	0.11%	0.15%	0.11%
EGY	D	0.0%	0.08%	0.0%
EHC	B	0.18%	0.25%	0.18%
EIG	B	0.04%	0.11%	0.04%
ELAN	D	0.15%	0.2%	0.15%
ENS	D	0.13%	0.12%	0.12%
ENSG	D	0.27%	0.22%	0.22%
ENVA	B	0.09%	0.14%	0.09%
EPAC	B	0.08%	0.12%	0.08%
ESAB	B	0.15%	0.2%	0.15%
ESGR	B	0.12%	0.14%	0.12%
ESI	A	0.24%	0.17%	0.17%
ESNT	D	0.2%	0.17%	0.17%
ESTC	C	0.09%	0.18%	0.09%
ETD	C	0.02%	0.08%	0.02%
EVR	B	0.12%	0.27%	0.12%
EWTX	C	0.05%	0.21%	0.05%
EXEL	B	0.29%	0.28%	0.28%
EXLS	B	0.23%	0.21%	0.21%
EXP	A	0.16%	0.25%	0.16%
EXPO	D	0.16%	0.14%	0.14%
FBP	B	0.1%	0.14%	0.1%
FCN	D	0.22%	0.17%	0.17%
FELE	B	0.16%	0.13%	0.13%
FF	D	0.01%	0.09%	0.01%
FHI	A	0.11%	0.15%	0.11%
FHN	A	0.12%	0.26%	0.12%
FIX	A	0.05%	0.34%	0.05%
FIZZ	C	0.08%	0.09%	0.08%
FLO	D	0.1%	0.13%	0.1%
FLS	B	0.16%	0.2%	0.16%
FN	D	0.3%	0.23%	0.23%
FORM	D	0.08%	0.12%	0.08%
FSS	B	0.18%	0.14%	0.14%
FTDR	A	0.11%	0.17%	0.11%
FTI	A	0.05%	0.29%	0.05%
FUL	F	0.17%	0.13%	0.13%
FULT	A	0.14%	0.15%	0.14%
G	B	0.12%	0.2%	0.12%
GHC	C	0.09%	0.15%	0.09%
GIC	D	0.03%	0.06%	0.03%
GIII	D	0.04%	0.11%	0.04%
GKOS	B	0.04%	0.21%	0.04%
GL	B	0.1%	0.23%	0.1%
GNE	D	0.01%	0.1%	0.01%
GNTX	C	0.1%	0.18%	0.1%
GNW	A	0.1%	0.13%	0.1%
GOLF	B	0.1%	0.11%	0.1%
GPI	A	0.17%	0.17%	0.17%
GPK	C	0.11%	0.21%	0.11%
GPOR	B	0.07%	0.13%	0.07%
GTES	A	0.13%	0.13%	0.13%
HAE	C	0.11%	0.16%	0.11%
HALO	F	0.15%	0.21%	0.15%
HCC	B	0.06%	0.13%	0.06%
HCI	C	0.03%	0.11%	0.03%
HCKT	B	0.02%	0.11%	0.02%
HCSG	C	0.02%	0.08%	0.02%
HE	C	0.02%	0.07%	0.02%
HII	D	0.0%	0.17%	0.0%
HIMS	B	0.1%	0.18%	0.1%
HLI	B	0.08%	0.25%	0.08%
HLNE	B	0.17%	0.23%	0.17%
HMN	B	0.05%	0.12%	0.05%
HNI	B	0.07%	0.11%	0.07%
HOG	D	0.1%	0.13%	0.1%
HRB	D	0.21%	0.21%	0.21%
HSIC	B	0.13%	0.21%	0.13%
HSII	B	0.03%	0.09%	0.03%
HSTM	B	0.03%	0.1%	0.03%
HUBG	A	0.1%	0.11%	0.1%
HWKN	B	0.08%	0.11%	0.08%
IBCP	B	0.02%	0.1%	0.02%
IBOC	A	0.14%	0.15%	0.14%
IBP	D	0.18%	0.14%	0.14%
ICFI	F	0.08%	0.12%	0.08%
IDCC	A	0.16%	0.18%	0.16%
IDT	B	0.03%	0.14%	0.03%
IESC	B	0.13%	0.16%	0.13%
IMKTA	C	0.03%	0.08%	0.03%
IMMR	C	0.0%	0.06%	0.0%
INFA	D	0.05%	0.09%	0.05%
INGR	B	0.21%	0.24%	0.21%
INSW	F	0.07%	0.1%	0.07%
INVA	D	0.04%	0.1%	0.04%
IOSP	B	0.08%	0.12%	0.08%
ITGR	B	0.14%	0.17%	0.14%
ITT	A	0.01%	0.26%	0.01%
JBI	F	0.03%	0.04%	0.03%
JBSS	D	0.02%	0.07%	0.02%
JLL	D	0.06%	0.27%	0.06%
JXN	C	0.26%	0.22%	0.22%
KAI	A	0.11%	0.15%	0.11%
KBH	D	0.11%	0.16%	0.11%
KD	B	0.2%	0.19%	0.19%
KELYA	F	0.01%	0.05%	0.01%
KFRC	D	0.03%	0.07%	0.03%
KFY	B	0.11%	0.13%	0.11%
KNF	A	0.14%	0.17%	0.14%
KNSL	B	0.04%	0.24%	0.04%
KRT	A	0.01%	0.07%	0.01%
KRYS	B	0.14%	0.15%	0.14%
KTB	B	0.13%	0.17%	0.13%
KURA	F	0.03%	0.1%	0.03%
LANC	C	0.13%	0.13%	0.13%
LBRT	D	0.08%	0.12%	0.08%
LEVI	F	0.03%	0.1%	0.03%
LGND	B	0.05%	0.13%	0.05%
LMAT	A	0.06%	0.13%	0.06%
LNTH	D	0.14%	0.16%	0.14%
LOPE	B	0.21%	0.16%	0.16%
LPG	F	0.03%	0.08%	0.03%
LRN	A	0.15%	0.17%	0.15%
LSTR	D	0.11%	0.17%	0.11%
LZB	B	0.05%	0.11%	0.05%
MASI	A	0.13%	0.23%	0.13%
MATX	C	0.21%	0.17%	0.17%
MCB	B	0.01%	0.11%	0.01%
MCRI	A	0.03%	0.1%	0.03%
MCY	A	0.13%	0.12%	0.12%
MDU	D	0.08%	0.1%	0.08%
METC	C	0.01%	0.07%	0.01%
MGRC	B	0.07%	0.11%	0.07%
MGY	A	0.12%	0.18%	0.12%
MHK	D	0.13%	0.19%	0.13%
MHO	D	0.07%	0.14%	0.07%
MIR	A	0.1%	0.15%	0.1%
MLI	C	0.26%	0.25%	0.25%
MLR	B	0.02%	0.09%	0.02%
MMS	F	0.1%	0.15%	0.1%
MMSI	B	0.22%	0.2%	0.2%
MOG.A	B	0.15%	0.17%	0.15%
MRVI	F	0.02%	0.06%	0.02%
MSA	D	0.22%	0.16%	0.16%
MSBI	B	0.01%	0.1%	0.01%
MSM	C	0.08%	0.13%	0.08%
MTCH	D	0.13%	0.2%	0.13%
MTG	C	0.15%	0.18%	0.15%
MTH	D	0.08%	0.17%	0.08%
MTN	C	0.1%	0.18%	0.1%
MTSI	B	0.21%	0.21%	0.21%
MTX	B	0.12%	0.11%	0.11%
MUSA	A	0.1%	0.23%	0.1%
MWA	B	0.12%	0.14%	0.12%
NEU	C	0.09%	0.13%	0.09%
NFG	A	0.11%	0.18%	0.11%
NHC	C	0.06%	0.11%	0.06%
NMIH	D	0.11%	0.13%	0.11%
NOVT	D	0.19%	0.17%	0.17%
NPK	B	0.01%	0.07%	0.01%
NSIT	F	0.16%	0.13%	0.13%
NSSC	D	0.04%	0.07%	0.04%
NVEC	C	0.01%	0.08%	0.01%
NWE	B	0.08%	0.15%	0.08%
NXST	C	0.12%	0.17%	0.12%
NYT	C	0.16%	0.24%	0.16%
OFG	B	0.05%	0.11%	0.05%
OGE	B	0.15%	0.24%	0.15%
OGN	D	0.07%	0.12%	0.07%
OLED	D	0.09%	0.18%	0.09%
OLLI	D	0.14%	0.16%	0.14%
OMF	A	0.15%	0.18%	0.15%
ONTO	D	0.09%	0.21%	0.09%
ORI	A	0.13%	0.23%	0.13%
OSIS	B	0.1%	0.12%	0.1%
OSK	B	0.17%	0.18%	0.17%
OSUR	F	0.01%	0.08%	0.01%
OTTR	C	0.09%	0.13%	0.09%
OZK	B	0.18%	0.16%	0.16%
PAHC	C	0.01%	0.12%	0.01%
PANL	F	0.01%	0.06%	0.01%
PATK	D	0.09%	0.12%	0.09%
PBF	D	0.09%	0.12%	0.09%
PBH	A	0.13%	0.16%	0.13%
PEBO	A	0.04%	0.1%	0.04%
PEGA	A	0.1%	0.16%	0.1%
PFBC	B	0.04%	0.11%	0.04%
PHIN	A	0.04%	0.13%	0.04%
PINC	B	0.06%	0.12%	0.06%
PIPR	B	0.15%	0.18%	0.15%
PJT	A	0.09%	0.15%	0.09%
PLAB	C	0.04%	0.11%	0.04%
PLMR	B	0.07%	0.13%	0.07%
PLNT	A	0.16%	0.23%	0.16%
PLTK	B	0.01%	0.11%	0.01%
PLUS	F	0.07%	0.12%	0.07%
PLXS	B	0.11%	0.16%	0.11%
POST	C	0.15%	0.16%	0.15%
POWL	C	0.09%	0.18%	0.09%
PPC	C	0.05%	0.12%	0.05%
PRDO	B	0.07%	0.1%	0.07%
PRGS	A	0.09%	0.14%	0.09%
PRI	A	0.16%	0.26%	0.16%
PRIM	A	0.13%	0.16%	0.13%
PSN	D	0.11%	0.15%	0.11%
QCRH	A	0.06%	0.12%	0.06%
QLYS	C	0.13%	0.17%	0.13%
QTWO	A	0.15%	0.21%	0.15%
R	B	0.09%	0.19%	0.09%
RBC	A	0.13%	0.21%	0.13%
RDN	C	0.12%	0.15%	0.12%
RDNT	B	0.2%	0.2%	0.2%
REX	D	0.02%	0.1%	0.02%
REYN	D	0.08%	0.09%	0.08%
RGEN	D	0.07%	0.19%	0.07%
RGLD	C	0.09%	0.22%	0.09%
RHI	B	0.11%	0.2%	0.11%
RLI	B	0.26%	0.2%	0.2%
RMR	F	0.01%	0.07%	0.01%
ROAD	A	0.1%	0.16%	0.1%
ROCK	C	0.06%	0.1%	0.06%
RUSHA	C	0.09%	0.13%	0.09%
SAIC	F	0.17%	0.2%	0.17%
SANM	B	0.14%	0.15%	0.14%
SBH	C	0.03%	0.11%	0.03%
SCHL	D	0.02%	0.09%	0.02%
SCS	C	0.03%	0.08%	0.03%
SCSC	B	0.05%	0.1%	0.05%
SCVL	F	0.03%	0.08%	0.03%
SEIC	B	0.13%	0.22%	0.13%
SEM	B	0.15%	0.15%	0.15%
SF	B	0.17%	0.29%	0.17%
SFM	A	0.44%	0.33%	0.33%
SHOO	D	0.08%	0.13%	0.08%
SIGA	F	0.01%	0.07%	0.01%
SIGI	C	0.19%	0.18%	0.18%
SKWD	A	0.03%	0.13%	0.03%
SKX	D	0.07%	0.2%	0.07%
SKYW	B	0.13%	0.16%	0.13%
SLGN	A	0.17%	0.14%	0.14%
SLM	A	0.17%	0.17%	0.17%
SLP	D	0.01%	0.07%	0.01%
SLVM	B	0.12%	0.14%	0.12%
SMLR	B	0.01%	0.14%	0.01%
SMP	B	0.02%	0.09%	0.02%
SN	D	0.1%	0.18%	0.1%
SNEX	B	0.09%	0.13%	0.09%
SNV	B	0.17%	0.23%	0.17%
SON	D	0.1%	0.14%	0.1%
SPNT	A	0.1%	0.1%	0.1%
SPOK	C	0.01%	0.11%	0.01%
SPSC	C	0.2%	0.17%	0.17%
SR	A	0.09%	0.15%	0.09%
SRCE	B	0.04%	0.1%	0.04%
SSD	D	0.19%	0.18%	0.18%
SSTK	F	0.03%	0.08%	0.03%
STAA	F	0.03%	0.08%	0.03%
STNG	F	0.08%	0.1%	0.08%
STRA	C	0.1%	0.11%	0.1%
STRL	B	0.22%	0.2%	0.2%
SUM	B	0.19%	0.18%	0.18%
SUPN	C	0.05%	0.14%	0.05%
SXC	A	0.03%	0.1%	0.03%
SXT	B	0.08%	0.13%	0.08%
TDS	B	0.12%	0.18%	0.12%
TENB	C	0.0%	0.15%	0.0%
TFX	F	0.0%	0.21%	0.0%
TGNA	B	0.09%	0.16%	0.09%
THFF	B	0.02%	0.1%	0.02%
THG	A	0.21%	0.18%	0.18%
TKR	D	0.19%	0.13%	0.13%
TMHC	B	0.24%	0.2%	0.2%
TNC	D	0.04%	0.08%	0.04%
TNL	A	0.09%	0.15%	0.09%
TPB	B	0.03%	0.12%	0.03%
TPC	C	0.04%	0.1%	0.04%
TPH	D	0.11%	0.13%	0.11%
TPR	B	0.06%	0.28%	0.06%
TPX	B	0.16%	0.23%	0.16%
TREX	C	0.11%	0.18%	0.11%
TRNS	D	0.03%	0.07%	0.03%
TTC	D	0.06%	0.19%	0.06%
TWST	D	0.07%	0.11%	0.07%
TXRH	C	0.12%	0.29%	0.12%
UFPI	B	0.26%	0.19%	0.19%
UFPT	B	0.06%	0.12%	0.06%
UGI	A	0.08%	0.16%	0.08%
UMBF	B	0.24%	0.18%	0.18%
UNF	B	0.08%	0.11%	0.08%
UPBD	B	0.05%	0.09%	0.05%
URBN	C	0.12%	0.1%	0.1%
USLM	A	0.11%	0.14%	0.11%
USM	B	0.07%	0.12%	0.07%
USPH	B	0.04%	0.1%	0.04%
UTI	A	0.03%	0.1%	0.03%
UTL	B	0.03%	0.1%	0.03%
UTMD	F	0.01%	0.09%	0.01%
UVE	B	0.02%	0.1%	0.02%
UVSP	B	0.02%	0.11%	0.02%
VCEL	B	0.06%	0.14%	0.06%
VCTR	B	0.14%	0.14%	0.14%
VECO	F	0.04%	0.08%	0.04%
VIRT	B	0.08%	0.15%	0.08%
VMI	B	0.16%	0.18%	0.16%
VNDA	C	0.01%	0.08%	0.01%
VNT	B	0.13%	0.18%	0.13%
VOYA	B	0.12%	0.22%	0.12%
VRNS	D	0.0%	0.16%	0.0%
VRRM	D	0.09%	0.11%	0.09%
VSH	D	0.05%	0.08%	0.05%
VSTO	A	0.09%	0.12%	0.09%
VVV	F	0.14%	0.16%	0.14%
WABC	B	0.04%	0.11%	0.04%
WAL	B	0.17%	0.25%	0.17%
WBS	A	0.13%	0.26%	0.13%
WDFC	B	0.09%	0.14%	0.09%
WEN	D	0.09%	0.13%	0.09%
WFRD	D	0.11%	0.18%	0.11%
WH	B	0.16%	0.22%	0.16%
WINA	B	0.04%	0.1%	0.04%
WING	D	0.1%	0.22%	0.1%
WKC	D	0.04%	0.13%	0.04%
WSBC	A	0.06%	0.12%	0.06%
WTFC	A	0.27%	0.22%	0.22%
WTS	B	0.14%	0.15%	0.14%
WU	D	0.08%	0.12%	0.08%
WWD	B	0.1%	0.24%	0.1%
YELP	C	0.07%	0.14%	0.07%
ZD	C	0.06%	0.16%	0.06%
ZION	B	0.14%	0.23%	0.14%
ZWS	B	0.09%	0.16%	0.09%

DFAS Overweight 1447 Positions Relative to FSMD

Symbol	Grade	Weight
CADE	B	0.3%
SSB	B	0.28%
FRPT	B	0.25%
LPX	B	0.25%
SOFI	A	0.23%
CRS	A	0.23%
GATX	A	0.22%
HWC	B	0.21%
UBSI	B	0.21%
AGO	B	0.21%
PNFP	B	0.2%
KEX	C	0.2%
HOMB	A	0.2%
BECN	B	0.2%
HQY	B	0.2%
MOD	A	0.2%
FNB	A	0.2%
FFIN	B	0.19%
JHG	A	0.19%
FLR	B	0.18%
AM	A	0.18%
CRDO	B	0.18%
GAP	C	0.18%
ATI	D	0.18%
PFSI	D	0.18%
ONB	B	0.17%
BOX	B	0.17%
ITRI	B	0.17%
GBCI	B	0.17%
IDA	A	0.17%
NJR	A	0.16%
SKY	A	0.16%
SM	B	0.16%
EAT	A	0.16%
HRI	B	0.16%
CWST	A	0.16%
AVAV	D	0.16%
ALK	C	0.16%
AZEK	A	0.16%
MTDR	B	0.16%
BILL	A	0.16%
FAF	A	0.15%
ENLC	A	0.15%
AVNT	B	0.15%
ORA	B	0.15%
THO	B	0.15%
ABCB	B	0.15%
AEIS	B	0.14%
BDC	B	0.14%
WCC	B	0.14%
OPCH	D	0.14%
GVA	A	0.14%
FFBC	A	0.14%
KNX	B	0.14%
GLOB	B	0.14%
MTZ	B	0.14%
LITE	B	0.14%
FOUR	B	0.14%
TRN	C	0.14%
AL	B	0.14%
SWX	B	0.14%
AAL	B	0.14%
PVH	C	0.14%
CRC	B	0.14%
JAZZ	B	0.14%
RMBS	C	0.14%
LAD	A	0.14%
IPAR	B	0.13%
GXO	B	0.13%
WAFD	B	0.13%
GTLS	B	0.13%
SHAK	C	0.13%
CNS	B	0.13%
CFR	B	0.13%
PB	A	0.13%
SFBS	B	0.13%
PEN	B	0.13%
SIG	B	0.13%
LAUR	A	0.13%
NCLH	B	0.13%
BC	C	0.13%
AA	B	0.13%
S	B	0.13%
POR	C	0.13%
LBRDK	C	0.12%
FYBR	D	0.12%
RH	B	0.12%
WSFS	A	0.12%
CNK	B	0.12%
X	C	0.12%
KMPR	B	0.12%
SFNC	B	0.12%
MKTX	D	0.12%
KAR	B	0.12%
HXL	D	0.12%
AUB	B	0.12%
WTM	A	0.12%
BLKB	B	0.12%
IVZ	B	0.12%
TCBI	B	0.12%
BOOT	D	0.12%
VFC	C	0.12%
PCTY	B	0.12%
TOWN	B	0.12%
RRC	B	0.12%
VLY	B	0.12%
U	C	0.11%
SMPL	B	0.11%
NOG	A	0.11%
WHD	B	0.11%
KTOS	B	0.11%
AUR	C	0.11%
BKU	A	0.11%
GNRC	B	0.11%
MIDD	C	0.11%
SITM	B	0.11%
NCNO	B	0.11%
DAY	B	0.11%
APG	B	0.11%
AR	B	0.11%
LFUS	F	0.11%
TNET	D	0.11%
WD	D	0.11%
MAT	D	0.11%
BOKF	B	0.11%
WEX	D	0.11%
HAS	D	0.11%
OII	B	0.1%
DNB	B	0.1%
EBC	B	0.1%
CRK	B	0.1%
BBWI	D	0.1%
GMS	B	0.1%
BROS	B	0.1%
PAYO	A	0.1%
PNW	B	0.1%
DNLI	D	0.1%
RNST	B	0.1%
ESE	B	0.1%
REZI	A	0.1%
NPO	A	0.1%
CBU	B	0.1%
ABM	B	0.1%
SEE	C	0.1%
KBR	F	0.1%
DAR	C	0.1%
BANF	B	0.1%
M	D	0.1%
PNM	F	0.1%
TEX	D	0.1%
KMT	B	0.1%
NOV	C	0.1%
WHR	B	0.1%
OGS	A	0.1%
FRME	B	0.1%
MUR	D	0.1%
LNC	B	0.1%
HHH	B	0.1%
BHF	B	0.09%
EPC	D	0.09%
PRK	B	0.09%
ST	F	0.09%
TBBK	B	0.09%
RIG	D	0.09%
PRGO	B	0.09%
ARMK	B	0.09%
SLAB	D	0.09%
COTY	F	0.09%
TGLS	B	0.09%
VCYT	B	0.09%
CHX	C	0.09%
PSMT	C	0.09%
ETSY	D	0.09%
JWN	C	0.09%
ACHC	F	0.09%
CPA	D	0.09%
HGV	B	0.09%
NWL	B	0.09%
PCOR	B	0.09%
PPBI	B	0.09%
CVBF	A	0.09%
CCS	D	0.09%
CARG	C	0.09%
LSCC	D	0.09%
INTA	A	0.09%
CACC	D	0.09%
MGEE	C	0.09%
JBT	B	0.09%
CPK	A	0.09%
CGNX	C	0.09%
FA	C	0.09%
FHB	A	0.09%
UCB	A	0.09%
GFF	A	0.09%
HL	D	0.09%
SITE	D	0.09%
RXO	C	0.09%
HAYW	B	0.09%
WSC	D	0.08%
SGRY	F	0.08%
ARCB	C	0.08%
AWR	B	0.08%
ENOV	C	0.08%
ATKR	C	0.08%
INSP	D	0.08%
YETI	C	0.08%
TDW	F	0.08%
FRSH	C	0.08%
CWK	B	0.08%
MTRN	C	0.08%
JJSF	B	0.08%
VAC	B	0.08%
PFS	B	0.08%
CDE	D	0.08%
VAL	D	0.08%
BOH	B	0.08%
B	B	0.08%
OLN	D	0.08%
DOCN	D	0.08%
IPGP	D	0.08%
BANR	B	0.08%
HUN	F	0.08%
NVST	B	0.08%
AIR	B	0.08%
FROG	C	0.08%
CLF	F	0.08%
CAKE	C	0.08%
LCII	C	0.08%
ALIT	C	0.08%
LIVN	F	0.08%
SGBX	F	0.08%
HP	B	0.08%
FIBK	A	0.08%
MC	C	0.08%
MSGS	A	0.08%
ALKT	B	0.08%
POWI	D	0.08%
NBTB	B	0.08%
PATH	C	0.08%
LEA	D	0.08%
INDB	B	0.08%
MLKN	D	0.07%
PAR	B	0.07%
GT	C	0.07%
MRCY	B	0.07%
KLIC	B	0.07%
MKSI	C	0.07%
FIVE	F	0.07%
TDC	D	0.07%
ICUI	D	0.07%
IRDM	D	0.07%
VERX	B	0.07%
HBI	B	0.07%
IBTX	B	0.07%
MGNI	A	0.07%
WYNN	D	0.07%
ACLS	F	0.07%
AIN	C	0.07%
PRG	C	0.07%
NSP	D	0.07%
SNDR	B	0.07%
FBK	B	0.07%
NARI	C	0.07%
VSCO	B	0.07%
ACVA	B	0.07%
RNA	D	0.07%
SPB	C	0.07%
FMC	D	0.07%
TTMI	B	0.07%
SBCF	A	0.07%
PII	D	0.07%
LGIH	D	0.07%
STEP	B	0.07%
WERN	C	0.07%
HURN	B	0.07%
XRAY	F	0.07%
JOE	F	0.07%
ALG	B	0.07%
MP	B	0.07%
NNI	D	0.07%
BL	B	0.07%
LYFT	C	0.07%
TRMK	B	0.07%
CWT	D	0.07%
LTH	C	0.07%
MAN	D	0.07%
HTLF	B	0.07%
SHC	F	0.07%
SYNA	C	0.07%
SAM	C	0.07%
UEC	B	0.07%
OI	C	0.06%
RUN	F	0.06%
VIAV	B	0.06%
THS	D	0.06%
HEES	B	0.06%
NUVL	D	0.06%
SYBT	B	0.06%
ZI	D	0.06%
VSEC	C	0.06%
WULF	C	0.06%
FL	F	0.06%
CC	C	0.06%
OMCL	C	0.06%
CENX	B	0.06%
COLB	A	0.06%
KWR	C	0.06%
LNW	D	0.06%
HI	C	0.06%
CMPR	D	0.06%
SEB	F	0.06%
CLVT	F	0.06%
KNTK	B	0.06%
AGYS	A	0.06%
NABL	F	0.06%
GBX	A	0.06%
STC	B	0.06%
DV	C	0.06%
TFIN	A	0.06%
DHT	F	0.06%
TROX	D	0.06%
WOR	F	0.06%
FLYW	C	0.06%
MYRG	B	0.06%
ENR	B	0.06%
ALGM	D	0.06%
EFSC	B	0.06%
VC	D	0.06%
JBLU	F	0.06%
NWBI	B	0.06%
GSHD	A	0.06%
OSCR	D	0.06%
CNMD	C	0.06%
SXI	B	0.06%
DIOD	D	0.06%
MOS	F	0.06%
LUMN	C	0.06%
TILE	B	0.05%
CRL	C	0.05%
DNUT	D	0.05%
MQ	F	0.05%
TRIP	F	0.05%
DFIN	D	0.05%
GEF	A	0.05%
CAR	C	0.05%
KOS	F	0.05%
TALO	C	0.05%
MYGN	F	0.05%
UA	C	0.05%
SWTX	C	0.05%
LKFN	B	0.05%
CVI	F	0.05%
CRGY	B	0.05%
CERT	F	0.05%
COMP	B	0.05%
UPWK	B	0.05%
ROG	D	0.05%
HRMY	D	0.05%
AMBA	B	0.05%
OSW	A	0.05%
CRI	D	0.05%
NEO	C	0.05%
JAMF	F	0.05%
NBHC	B	0.05%
AMWD	C	0.05%
WGO	C	0.05%
WMK	C	0.05%
FBNC	A	0.05%
SJW	D	0.05%
YOU	D	0.05%
AGIO	C	0.05%
CWEN	C	0.05%
KSS	F	0.05%
AGM	C	0.05%
NTCT	C	0.05%
HTH	B	0.05%
FBIN	D	0.05%
SWI	B	0.05%
CALX	D	0.05%
BEAM	D	0.05%
VRTS	B	0.05%
VYX	B	0.05%
HCP	B	0.05%
AAP	C	0.05%
WS	B	0.05%
EVTC	B	0.05%
HLX	B	0.05%
RAMP	C	0.05%
DBRG	F	0.05%
CABO	C	0.05%
FCF	A	0.05%
NMRK	B	0.05%
KN	B	0.05%
AZTA	D	0.05%
PRVA	B	0.05%
WRBY	B	0.05%
PYCR	C	0.05%
LOB	B	0.05%
RNG	B	0.05%
BHLB	B	0.04%
EVH	F	0.04%
MRTN	C	0.04%
HELE	C	0.04%
BLBD	D	0.04%
NATL	B	0.04%
MSGE	F	0.04%
SAFT	C	0.04%
NVEE	F	0.04%
MNKD	C	0.04%
LEG	F	0.04%
FOR	F	0.04%
PLAY	D	0.04%
VRNT	C	0.04%
ENV	B	0.04%
NX	C	0.04%
NTLA	F	0.04%
QRVO	F	0.04%
NWN	A	0.04%
TCBK	B	0.04%
IAS	C	0.04%
IOVA	F	0.04%
KW	B	0.04%
PENN	C	0.04%
GRBK	D	0.04%
MODG	F	0.04%
DNOW	B	0.04%
BUSE	B	0.04%
NGVT	B	0.04%
LW	C	0.04%
BIO	D	0.04%
SFL	D	0.04%
XPRO	F	0.04%
IMAX	B	0.04%
ATRC	C	0.04%
REVG	B	0.04%
FDP	B	0.04%
VICR	B	0.04%
ARVN	D	0.04%
PZZA	D	0.04%
VSTS	C	0.04%
HLIT	D	0.04%
VBTX	B	0.04%
HLIO	B	0.04%
NIC	B	0.04%
NEOG	F	0.04%
MMI	B	0.04%
UCTT	D	0.04%
DVAX	C	0.04%
CMRE	C	0.04%
GTX	D	0.04%
GO	C	0.04%
PDCO	D	0.04%
XNCR	B	0.04%
STBA	B	0.04%
SONO	C	0.04%
CHEF	A	0.04%
CENTA	C	0.04%
IART	C	0.04%
HOPE	B	0.04%
WTTR	B	0.04%
LC	A	0.04%
ADNT	F	0.04%
RCM	F	0.04%
SCL	C	0.04%
MBIN	D	0.04%
UAA	C	0.04%
CSGS	B	0.04%
NTB	B	0.04%
KYMR	D	0.04%
SASR	B	0.04%
FLNC	C	0.04%
QS	F	0.04%
SAH	A	0.04%
TFSL	A	0.04%
WT	B	0.04%
NAVI	C	0.04%
CXM	C	0.03%
GRC	A	0.03%
PFC	A	0.03%
LILAK	D	0.03%
XRX	F	0.03%
THR	B	0.03%
GSBC	B	0.03%
TGI	B	0.03%
WLFC	B	0.03%
BKD	D	0.03%
DCO	C	0.03%
XPEL	C	0.03%
HOV	D	0.03%
OEC	C	0.03%
COUR	F	0.03%
INFN	C	0.03%
DSGR	D	0.03%
MGPI	F	0.03%
VTOL	B	0.03%
ICHR	C	0.03%
DLX	B	0.03%
ARRY	C	0.03%
TMP	B	0.03%
CNOB	B	0.03%
SBSI	B	0.03%
FBMS	B	0.03%
CPRI	F	0.03%
NRIX	D	0.03%
BRKL	B	0.03%
VMEO	B	0.03%
XMTR	C	0.03%
BV	B	0.03%
FWRG	C	0.03%
PTVE	B	0.03%
DGII	B	0.03%
CMCO	B	0.03%
SABR	C	0.03%
ACAD	D	0.03%
ERII	D	0.03%
MDXG	B	0.03%
OMI	F	0.03%
DAN	D	0.03%
BANC	A	0.03%
LMB	A	0.03%
MSEX	B	0.03%
QNST	B	0.03%
AORT	B	0.03%
PNTG	D	0.03%
TRS	B	0.03%
PDFS	C	0.03%
DK	C	0.03%
AMSC	B	0.03%
BLMN	F	0.03%
OCFC	B	0.03%
MXL	C	0.03%
PGNY	F	0.03%
MRC	B	0.03%
MLNK	B	0.03%
ECPG	B	0.03%
OXM	D	0.03%
COHU	C	0.03%
FOXF	F	0.03%
RES	D	0.03%
RBCAA	B	0.03%
IMVT	F	0.03%
BXC	B	0.03%
VITL	D	0.03%
KALU	C	0.03%
WNC	C	0.03%
GDYN	B	0.03%
LEU	C	0.03%
THRM	D	0.03%
APA	D	0.03%
BSIG	A	0.03%
DCOM	A	0.03%
MD	B	0.03%
BY	B	0.03%
DXPE	B	0.03%
UNFI	A	0.03%
MCW	B	0.03%
RKLB	B	0.03%
CAL	D	0.03%
RVLV	B	0.03%
ASPN	F	0.03%
CWH	B	0.03%
LNN	B	0.03%
DRVN	B	0.03%
ALGT	B	0.03%
GABC	B	0.03%
AMSF	B	0.03%
CLBK	B	0.03%
UTZ	D	0.03%
PLYA	B	0.03%
TR	B	0.03%
EXTR	B	0.03%
LFST	C	0.03%
CARS	B	0.03%
SPNS	F	0.03%
FIVN	C	0.03%
TDOC	C	0.03%
ATSG	B	0.03%
RCUS	F	0.03%
UVV	B	0.03%
EMBC	C	0.02%
ENFN	A	0.02%
UFCS	B	0.02%
DHIL	A	0.02%
MCS	B	0.02%
AROW	B	0.02%
CEVA	B	0.02%
BBW	B	0.02%
HTBK	A	0.02%
RBBN	C	0.02%
AMBC	C	0.02%
PUBM	C	0.02%
RIOT	C	0.02%
CCBG	B	0.02%
CNDT	C	0.02%
OSPN	A	0.02%
ORRF	B	0.02%
AXGN	D	0.02%
NWPX	A	0.02%
SMBC	B	0.02%
CLNE	D	0.02%
HZO	D	0.02%
STGW	B	0.02%
NFE	D	0.02%
INDI	C	0.02%
NRDS	C	0.02%
IRMD	C	0.02%
CAC	B	0.02%
PLPC	B	0.02%
SPTN	D	0.02%
TREE	F	0.02%
IMXI	B	0.02%
PGC	C	0.02%
ARKO	C	0.02%
PARA	C	0.02%
GPRE	F	0.02%
GATO	D	0.02%
WASH	C	0.02%
OLO	B	0.02%
CTLP	B	0.02%
ATLC	B	0.02%
NBR	C	0.02%
EYE	C	0.02%
MATW	C	0.02%
SHEN	F	0.02%
VIR	D	0.02%
SWBI	C	0.02%
USNA	C	0.02%
RXST	F	0.02%
AXL	C	0.02%
RPAY	D	0.02%
CWEN	C	0.02%
RYAM	C	0.02%
MNRO	D	0.02%
LYTS	B	0.02%
LPRO	C	0.02%
NGVC	A	0.02%
PCRX	C	0.02%
GCI	D	0.02%
DJCO	B	0.02%
CCK	C	0.02%
NR	B	0.02%
AMTB	B	0.02%
VZIO	A	0.02%
HAFC	A	0.02%
MTUS	C	0.02%
HNST	B	0.02%
KRO	D	0.02%
NTGR	B	0.02%
CDNA	D	0.02%
SNCY	C	0.02%
RCKT	F	0.02%
ADPT	C	0.02%
DAWN	F	0.02%
WWW	B	0.02%
NAT	F	0.02%
LGF.A	C	0.02%
TRST	A	0.02%
WRLD	C	0.02%
TARS	B	0.02%
ANET	C	0.02%
EQBK	A	0.02%
TIPT	B	0.02%
HBNC	B	0.02%
ASIX	A	0.02%
MBUU	C	0.02%
NBN	B	0.02%
MBWM	B	0.02%
KOP	C	0.02%
RYI	C	0.02%
DAKT	B	0.02%
ASTE	B	0.02%
FIGS	F	0.02%
VTLE	C	0.02%
OSBC	A	0.02%
PRA	C	0.02%
GLDD	B	0.02%
OBK	B	0.02%
REPL	B	0.02%
CTKB	C	0.02%
MATV	D	0.02%
DOLE	D	0.02%
TTGT	C	0.02%
JELD	F	0.02%
VRDN	D	0.02%
PAY	B	0.02%
EZPW	A	0.02%
HY	D	0.02%
JACK	D	0.02%
SDGR	C	0.02%
KROS	D	0.02%
BZH	B	0.02%
FMBH	B	0.02%
FSLY	D	0.02%
KRUS	B	0.02%
GES	F	0.02%
AMRK	F	0.02%
PRAA	C	0.02%
CGEM	F	0.02%
AMRC	F	0.02%
GNK	D	0.02%
HFWA	B	0.02%
CSTL	D	0.02%
CLB	B	0.02%
CFFN	B	0.02%
BELFB	C	0.02%
FCBC	B	0.02%
RUSHB	B	0.02%
AOSL	C	0.02%
PRLB	A	0.02%
HTLD	B	0.02%
PARR	D	0.02%
ECVT	C	0.02%
ODP	F	0.02%
CDRE	D	0.02%
DFH	D	0.02%
BJRI	B	0.02%
PUMP	B	0.02%
PRM	C	0.02%
ULH	B	0.02%
CBRL	C	0.02%
ETWO	F	0.02%
VVI	C	0.02%
SEMR	B	0.02%
YEXT	A	0.02%
AVNS	F	0.02%
BLFS	C	0.02%
AHCO	F	0.02%
LQDT	B	0.02%
CCB	A	0.02%
ALCO	D	0.01%
FUNC	A	0.01%
RMAX	C	0.01%
NC	B	0.01%
EPM	A	0.01%
MVBF	B	0.01%
RRBI	A	0.01%
OPBK	B	0.01%
PKBK	A	0.01%
RCMT	C	0.01%
TBI	F	0.01%
OUST	C	0.01%
NECB	B	0.01%
MODV	C	0.01%
FFNW	C	0.01%
CTRN	D	0.01%
ELMD	A	0.01%
VERV	F	0.01%
LAKE	B	0.01%
PFIS	A	0.01%
AKRO	B	0.01%
BCBP	A	0.01%
CBAN	B	0.01%
INGN	C	0.01%
MUX	F	0.01%
MEC	D	0.01%
EVBN	B	0.01%
ALTG	C	0.01%
BLFY	B	0.01%
AURA	D	0.01%
BWFG	A	0.01%
ENTA	F	0.01%
CBNK	B	0.01%
VYGR	F	0.01%
BOWL	C	0.01%
DBI	F	0.01%
RNGR	B	0.01%
DDD	C	0.01%
CLFD	D	0.01%
VRA	F	0.01%
TTSH	D	0.01%
ACEL	C	0.01%
RDVT	A	0.01%
EB	C	0.01%
MPX	B	0.01%
CFFI	B	0.01%
HBCP	B	0.01%
LILA	D	0.01%
CVEO	F	0.01%
LUNG	F	0.01%
TASK	C	0.01%
ZNTL	F	0.01%
OFIX	B	0.01%
STRO	F	0.01%
ACCD	D	0.01%
FSTR	B	0.01%
CIFR	B	0.01%
SGC	C	0.01%
AGS	A	0.01%
INSE	C	0.01%
WOW	B	0.01%
ARLO	C	0.01%
FRBA	C	0.01%
ASLE	C	0.01%
FULC	F	0.01%
ERAS	C	0.01%
CRMT	C	0.01%
ACNB	B	0.01%
MG	D	0.01%
ELF	C	0.01%
TSBK	B	0.01%
DSP	B	0.01%
CRD.B	D	0.01%
ONTF	C	0.01%
SAGE	F	0.01%
TG	D	0.01%
SD	D	0.01%
BTMD	C	0.01%
FATE	F	0.01%
PL	A	0.01%
EWCZ	F	0.01%
ATUS	C	0.01%
HDSN	F	0.01%
OPY	B	0.01%
CCCC	F	0.01%
AEHR	F	0.01%
LXFR	C	0.01%
NATR	C	0.01%
NUS	D	0.01%
VSAT	F	0.01%
IBEX	B	0.01%
OPEN	D	0.01%
FLXS	B	0.01%
FORR	D	0.01%
JOUT	D	0.01%
FRST	B	0.01%
LAW	D	0.01%
FLWS	F	0.01%
ALRS	D	0.01%
LMND	B	0.01%
PBPB	C	0.01%
VPG	D	0.01%
ALT	C	0.01%
ONEW	D	0.01%
ORIC	F	0.01%
BCML	A	0.01%
WEYS	C	0.01%
MLP	B	0.01%
LSEA	D	0.01%
QUAD	C	0.01%
PCYO	B	0.01%
ALEC	F	0.01%
GENC	B	0.01%
RGP	F	0.01%
ATNI	F	0.01%
CZNC	B	0.01%
JAKK	C	0.01%
AMPY	C	0.01%
CRSR	C	0.01%
FLIC	B	0.01%
EVCM	B	0.01%
MEI	D	0.01%
ARTNA	D	0.01%
ACTG	D	0.01%
PKE	B	0.01%
ANIK	F	0.01%
UDMY	F	0.01%
APEI	B	0.01%
TZOO	A	0.01%
TITN	C	0.01%
DENN	D	0.01%
KALV	D	0.01%
FNLC	B	0.01%
HEAR	C	0.01%
RLGT	A	0.01%
MOV	C	0.01%
FSBW	B	0.01%
SEG	B	0.01%
GCO	B	0.01%
ANGO	D	0.01%
ORN	C	0.01%
PACK	B	0.01%
HAYN	C	0.01%
LEGH	D	0.01%
BWB	B	0.01%
OIS	C	0.01%
CCRN	F	0.01%
JILL	C	0.01%
SNBR	F	0.01%
ULCC	D	0.01%
SFST	B	0.01%
MPB	B	0.01%
CIVB	B	0.01%
AESI	B	0.01%
CYRX	F	0.01%
MCFT	B	0.01%
RRR	D	0.01%
CNSL	C	0.01%
GSM	D	0.01%
INBK	B	0.01%
OOMA	B	0.01%
YMAB	F	0.01%
WOOF	D	0.01%
ITOS	F	0.01%
RM	D	0.01%
TBPH	C	0.01%
RBB	B	0.01%
VLGEA	B	0.01%
SPFI	B	0.01%
NGS	B	0.01%
HOFT	C	0.01%
EBTC	B	0.01%
SFIX	B	0.01%
HVT	D	0.01%
LCID	F	0.01%
MYE	F	0.01%
GNTY	A	0.01%
TERN	F	0.01%
UNTY	B	0.01%
HTBI	B	0.01%
MTW	C	0.01%
SMAR	A	0.01%
EVRI	A	0.01%
HBT	B	0.01%
EGBN	B	0.01%
LGTY	D	0.01%
BH	B	0.01%
TRUE	B	0.01%
FBIZ	B	0.01%
GAMB	A	0.01%
HLF	C	0.01%
CENT	C	0.01%
WTBA	B	0.01%
IRON	B	0.01%
ZIMV	D	0.01%
CMP	C	0.01%
LESL	C	0.01%
WSBF	C	0.01%
HAIN	C	0.01%
ADV	D	0.01%
LIND	C	0.01%
BHRB	B	0.01%
DH	D	0.01%
TCMD	A	0.01%
LMNR	B	0.01%
MITK	C	0.01%
GTN	F	0.01%
BMRC	B	0.01%
CARE	C	0.01%
ODC	C	0.01%
TRUP	B	0.01%
NRC	F	0.01%
TRC	F	0.01%
RICK	C	0.01%
GDEN	B	0.01%
ZEUS	C	0.01%
SIBN	F	0.01%
GHM	A	0.01%
LINC	B	0.01%
CTOS	C	0.01%
FISI	A	0.01%
BOC	C	0.01%
USAP	B	0.01%
QTRX	F	0.01%
NOVA	F	0.01%
IPI	B	0.01%
NATH	C	0.01%
TWLO	A	0.01%
SHYF	C	0.01%
ATRO	D	0.01%
ZUMZ	C	0.01%
HRTG	C	0.01%
HIFS	B	0.01%
EE	A	0.01%
ALLO	F	0.01%
CCSI	C	0.01%
COGT	D	0.01%
BMBL	C	0.01%
PLRX	F	0.01%
STOK	F	0.01%
NRIM	A	0.01%
FFWM	C	0.01%
SHBI	A	0.01%
GDRX	F	0.01%
BALY	C	0.01%
AIOT	B	0.01%
TWI	F	0.01%
AVO	C	0.01%
ARHS	F	0.01%
LBRDA	C	0.01%
DGICA	A	0.01%
BAND	B	0.01%
LOCO	D	0.01%
LASR	D	0.01%
FARO	B	0.01%
TTI	C	0.01%
PKOH	B	0.01%
OFLX	D	0.01%
BSRR	B	0.01%
MERC	F	0.01%
AMPS	C	0.01%
HTZ	C	0.01%
LE	D	0.01%
LOVE	B	0.01%
CLSK	C	0.01%
HCAT	D	0.01%
KE	C	0.01%
THRY	F	0.01%
KIDS	D	0.01%
GOGO	C	0.01%
NAPA	B	0.01%
KRNY	B	0.01%
ITIC	B	0.01%
OABI	F	0.01%
GLRE	B	0.01%
EVER	F	0.01%
GDOT	D	0.01%
LGF.A	C	0.01%
HNRG	B	0.01%
SENEA	B	0.01%
FG	B	0.01%
ARCT	F	0.01%
BGS	F	0.01%
FFIC	B	0.01%
SRDX	B	0.01%
BHB	B	0.01%
SPRY	D	0.01%
MOFG	A	0.01%
RGNX	F	0.01%
VREX	C	0.01%
PRTA	F	0.01%
SMBK	B	0.01%
FC	F	0.01%
MLAB	D	0.01%
RDUS	C	0.01%
RLAY	F	0.01%
FNKO	D	0.01%
YORW	D	0.01%
GEF	A	0.01%
CVGW	D	0.01%
NVRI	F	0.01%
FMNB	B	0.01%
HONE	B	0.01%
IIIV	C	0.01%
ANNX	F	0.01%
PLOW	D	0.01%
RXRX	F	0.01%
UIS	B	0.01%
CTLT	B	0.01%
CCNE	B	0.01%
MCBS	B	0.01%
LXU	B	0.01%
BFST	C	0.01%
ZIP	F	0.01%
FLGT	F	0.01%
IIIN	C	0.01%
CPS	C	0.01%
MEG	F	0.01%
MTRX	B	0.01%
FRPH	A	0.01%
ACCO	C	0.01%
SHLS	F	0.01%
ATEX	D	0.01%
OLMA	F	0.01%
CYH	F	0.01%
GME	C	0.01%
ESQ	A	0.01%
PTLO	F	0.01%
WLDN	D	0.01%
NFBK	B	0.01%
STTK	F	0.0%
ATHA	D	0.0%
NXGL	B	0.0%
KRMD	B	0.0%
UNB	A	0.0%
LSBK	A	0.0%
SWKH	F	0.0%
PDSB	F	0.0%
BWEN	F	0.0%
GTN.A	D	0.0%
AUBN	B	0.0%
FNWD	D	0.0%
SSBI	F	0.0%
SATS	D	0.0%
SGRP	D	0.0%
HFFG	C	0.0%
AAME	D	0.0%
RAPT	F	0.0%
OCC	F	0.0%
APPS	F	0.0%
CKX	F	0.0%
KFFB	F	0.0%
CVR	C	0.0%
BMEA	F	0.0%
FCCO	B	0.0%
HVT	D	0.0%
CRCT	F	0.0%
SVT	D	0.0%
TKNO	B	0.0%
DGICB	C	0.0%
BCAB	F	0.0%
ATYR	C	0.0%
FSFG	A	0.0%
RMCF	C	0.0%
GORV	F	0.0%
WYY	B	0.0%
ELA	A	0.0%
SUP	F	0.0%
GROW	F	0.0%
MHH	B	0.0%
RDIB	F	0.0%
NTIP	D	0.0%
ORMP	D	0.0%
XERS	B	0.0%
MGYR	B	0.0%
ABOS	F	0.0%
HQI	B	0.0%
SIF	D	0.0%
MXC	D	0.0%
TRAK	B	0.0%
SKLZ	D	0.0%
RMBL	C	0.0%
MBCN	B	0.0%
SVRA	D	0.0%
AIRS	C	0.0%
OVBC	A	0.0%
BIOX	F	0.0%
GBIO	F	0.0%
UONEK	F	0.0%
CPIX	F	0.0%
ACRV	F	0.0%
TRVI	D	0.0%
OB	C	0.0%
EBMT	A	0.0%
ACIU	C	0.0%
EVI	C	0.0%
DCGO	C	0.0%
KLXE	C	0.0%
IGT	F	0.0%
RMBI	A	0.0%
VEL	A	0.0%
LEE	B	0.0%
FARM	C	0.0%
HSON	D	0.0%
CMLS	F	0.0%
BCOV	A	0.0%
NWFL	C	0.0%
PEPG	F	0.0%
PPIH	B	0.0%
NCSM	C	0.0%
SAVE	D	0.0%
PEBK	B	0.0%
MASS	F	0.0%
GRPN	F	0.0%
NEXA	C	0.0%
SKYH	C	0.0%
ARKR	F	0.0%
ISDR	F	0.0%
ELVN	D	0.0%
NL	B	0.0%
EXPI	C	0.0%
CMBM	F	0.0%
HGBL	F	0.0%
BASE	C	0.0%
LSF	C	0.0%
AWRE	F	0.0%
XOMA	C	0.0%
DSGN	C	0.0%
FINW	A	0.0%
VABK	C	0.0%
CXDO	C	0.0%
PVBC	B	0.0%
MRBK	A	0.0%
BW	D	0.0%
BDL	F	0.0%
SSBK	B	0.0%
INVE	C	0.0%
DOUG	B	0.0%
ZDGE	F	0.0%
FTK	B	0.0%
TH	C	0.0%
DIT	F	0.0%
HOWL	F	0.0%
SBT	C	0.0%
RFL	D	0.0%
ETNB	C	0.0%
PYXS	D	0.0%
BRID	D	0.0%
CRDF	F	0.0%
CZFS	B	0.0%
AC	C	0.0%
RDI	D	0.0%
PPSI	B	0.0%
HHS	F	0.0%
BGSF	F	0.0%
TSE	F	0.0%
AVXL	B	0.0%
BLNK	F	0.0%
RFIL	B	0.0%
HWBK	B	0.0%
OVLY	A	0.0%
METCB	D	0.0%
NAII	F	0.0%
AXTI	F	0.0%
TAYD	D	0.0%
LUNA	D	0.0%
RRGB	D	0.0%
AES	F	0.0%
OBT	C	0.0%
LWAY	D	0.0%
RZLT	C	0.0%
CELH	F	0.0%
DIBS	F	0.0%
BELFA	D	0.0%
USCB	B	0.0%
LTBR	C	0.0%
JANX	C	0.0%
NODK	A	0.0%
BSVN	B	0.0%
HGTY	B	0.0%
LARK	A	0.0%
LDI	C	0.0%
SERA	F	0.0%
COOK	D	0.0%
BRBS	B	0.0%
TACT	F	0.0%
SNFCA	B	0.0%
CIX	D	0.0%
GIFI	C	0.0%
CDXC	B	0.0%
SMTI	B	0.0%
UPST	B	0.0%
TUSK	D	0.0%
POWW	F	0.0%
SGHT	F	0.0%
AI	B	0.0%
CSPI	C	0.0%
SENEB	A	0.0%
THRD	D	0.0%
TYRA	F	0.0%
UG	F	0.0%
KINS	B	0.0%
EXAS	D	0.0%
INO	F	0.0%
CNTY	B	0.0%
STKS	F	0.0%
ACDC	C	0.0%
FDBC	C	0.0%
PSTX	D	0.0%
PLBC	A	0.0%
UPLD	C	0.0%
GPRO	F	0.0%
GAIA	A	0.0%
BCAL	B	0.0%
ARC	A	0.0%
ASRV	B	0.0%
SCWX	B	0.0%
CULP	D	0.0%
RILY	F	0.0%
NUVB	C	0.0%
ANGI	D	0.0%
PESI	B	0.0%
ESP	C	0.0%
LFVN	B	0.0%
KOD	C	0.0%
FVCB	B	0.0%
CE	F	0.0%
DLHC	F	0.0%
GSIT	D	0.0%
ARAY	D	0.0%
PHR	F	0.0%
ENPH	F	0.0%
FNA	C	0.0%
ALOT	C	0.0%
EEX	C	0.0%
OLPX	D	0.0%
CPHC	C	0.0%
RAIL	D	0.0%
QRHC	D	0.0%
PETS	C	0.0%
GWRS	B	0.0%
GLUE	C	0.0%
NNBR	C	0.0%
CVRX	C	0.0%
SMID	B	0.0%
KTCC	C	0.0%
CDMO	B	0.0%
AXR	B	0.0%
CMTL	F	0.0%
DHX	F	0.0%
KFS	B	0.0%
PNRG	B	0.0%
TSVT	F	0.0%
PAYS	F	0.0%
FNWB	C	0.0%
BFC	B	0.0%
BDTX	F	0.0%
SPWH	F	0.0%
SKYT	D	0.0%
GCBC	C	0.0%
GRWG	F	0.0%
KVHI	B	0.0%
OPRT	C	0.0%
IVAC	D	0.0%
FLL	D	0.0%
CCOI	B	0.0%
LNSR	B	0.0%
AGM	C	0.0%
DC	D	0.0%
CVGI	F	0.0%
SGA	F	0.0%
UBFO	A	0.0%
PSNL	D	0.0%
TSQ	D	0.0%
MNTX	C	0.0%
INTT	C	0.0%
RSVR	A	0.0%
RMNI	C	0.0%
OPRX	F	0.0%
ASYS	D	0.0%
VTSI	C	0.0%
SRTS	B	0.0%
ALTO	F	0.0%
NKSH	B	0.0%
NKTX	F	0.0%
IRWD	F	0.0%
ATLO	D	0.0%
FRD	D	0.0%
AIRG	C	0.0%
PROV	C	0.0%
CIA	B	0.0%
MHLD	C	0.0%
CPSS	B	0.0%
VALU	C	0.0%
DLTH	D	0.0%
BYRN	B	0.0%
TBNK	B	0.0%
TLYS	F	0.0%
PFMT	D	0.0%
HBIO	F	0.0%
INZY	F	0.0%
LTRX	F	0.0%
PWOD	A	0.0%
ABSI	F	0.0%
NVRO	F	0.0%
IRBT	F	0.0%
UFI	F	0.0%
RVSB	B	0.0%
CHGG	D	0.0%
WOLF	F	0.0%
PLL	C	0.0%
GCMG	B	0.0%
SSTI	C	0.0%
AE	B	0.0%
EGHT	C	0.0%
DIN	C	0.0%
MYFW	B	0.0%
CRNC	C	0.0%
CATO	D	0.0%
WHG	B	0.0%
KEQU	C	0.0%
LCUT	F	0.0%
NTIC	C	0.0%
BBCP	C	0.0%
LCNB	A	0.0%
CLAR	D	0.0%
ESSA	B	0.0%
TRDA	B	0.0%
FONR	D	0.0%
EPSN	B	0.0%
FEIM	B	0.0%
CDXS	B	0.0%
ESCA	C	0.0%
FPH	C	0.0%
MX	F	0.0%
MRAM	D	0.0%
CRBU	F	0.0%
UEIC	C	0.0%
ULBI	F	0.0%
RRX	B	0.0%
ESOA	A	0.0%
ISSC	B	0.0%
ACIC	B	0.0%
SSP	F	0.0%
TCBX	A	0.0%
CZWI	A	0.0%
HURC	C	0.0%
EVC	C	0.0%
SWIM	C	0.0%
MPAA	C	0.0%
AOUT	A	0.0%
EHTH	C	0.0%
KODK	B	0.0%
TMDX	F	0.0%
AVD	D	0.0%
PDEX	B	0.0%
EML	D	0.0%
BSET	B	0.0%
III	C	0.0%
VOXX	C	0.0%
EGAN	C	0.0%
MED	F	0.0%
FMAO	B	0.0%
ISTR	B	0.0%
JRVR	F	0.0%
BWMN	C	0.0%
GEOS	C	0.0%
CHMG	B	0.0%
REPX	A	0.0%
PCB	A	0.0%
RGR	F	0.0%
ACU	B	0.0%
BOOM	F	0.0%
TWIN	F	0.0%
STRT	B	0.0%
PHX	A	0.0%
PBYI	C	0.0%
FET	D	0.0%
AVNW	F	0.0%
INOD	B	0.0%
SSYS	C	0.0%
ZUO	B	0.0%
JYNT	C	0.0%
RCKY	F	0.0%
EDIT	F	0.0%
MGTX	C	0.0%
CMT	D	0.0%
SANA	F	0.0%
SMHI	F	0.0%
DXLG	F	0.0%
WTI	F	0.0%
CDLX	D	0.0%
MGNX	F	0.0%
RGCO	C	0.0%
BLDE	D	0.0%
SAMG	B	0.0%
TBRG	B	0.0%
TTEC	F	0.0%
SRI	F	0.0%
BFIN	B	0.0%
RELL	B	0.0%
HPK	B	0.0%
INFU	B	0.0%
STRS	B	0.0%
HBB	F	0.0%
FSBC	B	0.0%
ALDX	D	0.0%
BVS	D	0.0%
AAOI	B	0.0%
WNEB	A	0.0%
GRNT	B	0.0%
MNTK	F	0.0%
ASUR	C	0.0%
ORGO	B	0.0%
TLS	F	0.0%
EBS	C	0.0%
VIRC	B	0.0%
HMST	D	0.0%

DFAS Underweight 121 Positions Relative to FSMD

Symbol	Grade	Weight
TPL	A	-0.57%
EME	C	-0.46%
LYV	A	-0.42%
IBKR	A	-0.42%
NRG	B	-0.41%
UTHR	C	-0.38%
NTNX	A	-0.38%
LII	A	-0.37%
SNA	A	-0.37%
MANH	D	-0.36%
NTRA	B	-0.35%
GWRE	A	-0.35%
RPM	A	-0.35%
THC	D	-0.34%
PNR	A	-0.34%
NWSA	B	-0.33%
DUOL	A	-0.33%
EWBC	A	-0.33%
TOL	B	-0.33%
WSO	A	-0.33%
CASY	A	-0.32%
OC	A	-0.32%
EQH	B	-0.32%
TW	A	-0.32%
RGA	A	-0.31%
L	A	-0.31%
CW	B	-0.31%
ACM	A	-0.31%
GGG	B	-0.3%
INCY	C	-0.3%
RNR	C	-0.3%
PSTG	D	-0.3%
ROL	B	-0.29%
UNM	A	-0.29%
CPT	B	-0.28%
NDSN	B	-0.28%
ELS	C	-0.28%
SCI	B	-0.28%
SW	A	-0.28%
NBIX	C	-0.27%
TTEK	F	-0.27%
UHS	D	-0.27%
REG	B	-0.27%
CLH	B	-0.27%
JNPR	F	-0.27%
LECO	B	-0.26%
PCVX	D	-0.26%
LAMR	D	-0.26%
BSY	D	-0.26%
BXP	D	-0.26%
ALLE	D	-0.26%
OWL	A	-0.26%
AMH	D	-0.26%
NVT	B	-0.26%
CHRW	C	-0.26%
SOLV	C	-0.25%
DKS	C	-0.25%
BJ	A	-0.25%
TAP	C	-0.25%
BLD	D	-0.24%
OHI	C	-0.24%
CUBE	D	-0.24%
GMED	A	-0.24%
MORN	B	-0.23%
AFG	A	-0.23%
SRPT	D	-0.23%
ERIE	D	-0.23%
SNX	C	-0.22%
BRX	A	-0.22%
DVA	B	-0.22%
RL	B	-0.22%
ALLY	C	-0.22%
CHDN	B	-0.22%
MEDP	D	-0.21%
FRT	B	-0.21%
CRBG	B	-0.2%
CPB	D	-0.2%
REXR	F	-0.2%
HRL	D	-0.2%
ADC	B	-0.2%
WMS	D	-0.19%
ACI	C	-0.19%
PRCT	B	-0.19%
AOS	F	-0.19%
NNN	D	-0.19%
WMG	C	-0.18%
FR	C	-0.18%
PI	D	-0.17%
BPMC	C	-0.17%
STAG	F	-0.17%
EPRT	B	-0.17%
ZETA	D	-0.16%
CUZ	B	-0.16%
GEO	B	-0.16%
KRC	C	-0.15%
CTRE	D	-0.15%
CRNX	C	-0.15%
NHI	D	-0.14%
CXW	B	-0.14%
BNL	D	-0.13%
DEI	B	-0.13%
HIW	D	-0.13%
UE	C	-0.13%
AGR	B	-0.13%
NSA	D	-0.12%
PAG	B	-0.12%
WLK	D	-0.12%
LTC	B	-0.11%
EQC	B	-0.11%
SHO	C	-0.11%
DEA	D	-0.1%
AAT	B	-0.1%
PDM	D	-0.1%
SIRI	C	-0.1%
XHR	B	-0.1%
ZYXI	D	-0.09%
PGRE	F	-0.09%
KLG	C	-0.09%
WSR	A	-0.09%
OLP	B	-0.09%
ALX	D	-0.08%