DFSV vs. FMAT ETF Comparison

Comparison of Dimensional US Small Cap Value ETF (DFSV) to Fidelity MSCI Materials Index ETF (FMAT)

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

$32.75

Average Daily Volume

569,896

Number of Holdings ^*

948

* may have additional holdings in another (foreign) market

FMAT

Fidelity MSCI Materials Index ETF

FMAT Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.64

Average Daily Volume

32,837

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	DFSV	FMAT
30 Days	6.96%	-1.07%
60 Days	7.06%	1.51%
90 Days	6.44%	3.10%
12 Months	28.23%	20.19%

53 Overlapping Holdings

Symbol	Grade	Weight in DFSV	Weight in FMAT	Overlap
AA	A	0.18%	0.68%	0.18%
AMR	C	0.21%	0.18%	0.18%
ARCH	B	0.23%	0.2%	0.2%
ASH	F	0.3%	0.26%	0.26%
ASIX	B	0.07%	0.06%	0.06%
AVNT	B	0.35%	0.33%	0.33%
BERY	C	0.22%	0.53%	0.22%
CDE	C	0.02%	0.17%	0.02%
CE	F	0.06%	0.57%	0.06%
CLF	F	0.47%	0.4%	0.4%
CLW	F	0.04%	0.03%	0.03%
CMC	B	0.59%	0.48%	0.48%
CMP	C	0.0%	0.03%	0.0%
ECVT	C	0.08%	0.06%	0.06%
ESI	B	0.21%	0.46%	0.21%
FMC	D	0.28%	0.49%	0.28%
FUL	F	0.04%	0.29%	0.04%
GEF	A	0.01%	0.12%	0.01%
GEF	A	0.19%	0.12%	0.12%
GEF	A	0.19%	0.02%	0.02%
GEF	A	0.01%	0.02%	0.01%
HAYN	A	0.06%	0.05%	0.05%
HCC	B	0.03%	0.24%	0.03%
HL	D	0.09%	0.23%	0.09%
HUN	F	0.27%	0.22%	0.22%
IOSP	C	0.0%	0.21%	0.0%
KALU	C	0.08%	0.09%	0.08%
KOP	C	0.06%	0.06%	0.06%
KRO	C	0.04%	0.02%	0.02%
KWR	C	0.06%	0.17%	0.06%
LXU	B	0.03%	0.03%	0.03%
MATV	D	0.0%	0.05%	0.0%
MERC	F	0.02%	0.02%	0.02%
METC	C	0.03%	0.03%	0.03%
MOS	F	0.38%	0.59%	0.38%
MTUS	C	0.06%	0.04%	0.04%
MTX	B	0.22%	0.18%	0.18%
MYE	F	0.01%	0.03%	0.01%
OEC	C	0.04%	0.07%	0.04%
OI	C	0.16%	0.14%	0.14%
PACK	B	0.03%	0.02%	0.02%
PRM	C	0.13%	0.12%	0.12%
PTVE	B	0.11%	0.04%	0.04%
RDUS	B	0.04%	0.03%	0.03%
RYI	C	0.06%	0.05%	0.05%
SCL	C	0.13%	0.12%	0.12%
SON	F	0.13%	0.35%	0.13%
SXC	A	0.1%	0.07%	0.07%
TROX	D	0.15%	0.09%	0.09%
TRS	B	0.09%	0.07%	0.07%
WS	C	0.03%	0.1%	0.03%
X	B	0.64%	0.57%	0.57%
ZEUS	C	0.05%	0.03%	0.03%

DFSV Overweight 897 Positions Relative to FMAT

Symbol	Grade	Weight
TMHC	C	0.68%
JXN	C	0.67%
IVZ	B	0.62%
PB	B	0.61%
FHN	A	0.6%
LAD	A	0.6%
DTM	A	0.58%
PNFP	B	0.57%
CNX	A	0.57%
WBS	A	0.57%
MHK	D	0.57%
FNB	A	0.55%
MTG	C	0.55%
BWA	D	0.54%
FYBR	C	0.54%
ONB	C	0.54%
WCC	B	0.54%
KNX	C	0.53%
CADE	B	0.53%
THO	B	0.52%
ZION	B	0.51%
AMKR	D	0.51%
ALK	B	0.51%
GPI	B	0.5%
AR	B	0.5%
POST	C	0.49%
GTES	A	0.48%
AL	B	0.48%
UBSI	B	0.47%
PVH	C	0.47%
KEX	B	0.46%
AVT	C	0.46%
AGO	B	0.45%
OSK	C	0.45%
SM	B	0.45%
OZK	B	0.45%
WTFC	A	0.45%
MATX	C	0.44%
R	B	0.43%
ARW	D	0.43%
DAR	C	0.43%
GATX	A	0.42%
BOKF	B	0.42%
HWC	B	0.41%
MUR	D	0.41%
WTM	A	0.41%
ABCB	B	0.41%
SSB	B	0.41%
ACA	A	0.41%
ESNT	F	0.41%
VLY	B	0.4%
SKYW	C	0.4%
NOV	C	0.4%
DNB	B	0.4%
SANM	B	0.4%
CMA	B	0.4%
RRC	B	0.39%
BPOP	C	0.39%
ABG	C	0.39%
JAZZ	B	0.39%
ASB	B	0.38%
AXS	A	0.38%
COLB	B	0.38%
MTDR	B	0.38%
ADTN	A	0.37%
TPH	D	0.37%
AGCO	D	0.36%
LEA	F	0.36%
JHG	B	0.36%
TCBI	C	0.35%
HOG	D	0.35%
BIO	C	0.34%
CRK	B	0.34%
M	F	0.34%
UCB	A	0.33%
LTH	C	0.33%
PBF	D	0.33%
ST	F	0.33%
ABM	B	0.33%
URBN	C	0.32%
HP	C	0.32%
FULT	A	0.32%
CATY	B	0.31%
INGR	C	0.31%
BTU	B	0.31%
TDS	B	0.31%
RUSHA	C	0.3%
KFY	B	0.3%
HUBG	A	0.3%
AUB	B	0.3%
ESGR	B	0.3%
GNW	A	0.3%
GHC	B	0.29%
WSFS	B	0.29%
DXC	B	0.29%
FIBK	B	0.29%
PRGO	C	0.29%
RIG	D	0.29%
WAL	B	0.29%
ALIT	C	0.29%
BKU	A	0.28%
WAFD	B	0.28%
FHB	B	0.28%
CRC	A	0.27%
REZI	A	0.27%
BFH	C	0.27%
STNG	F	0.27%
TGNA	B	0.26%
PFS	B	0.26%
MDU	D	0.26%
ATGE	B	0.26%
CCS	D	0.26%
BHF	C	0.26%
NNI	D	0.26%
JLL	D	0.26%
DINO	D	0.26%
CWK	C	0.26%
CIVI	D	0.26%
VAC	C	0.25%
NJR	A	0.25%
XRAY	F	0.25%
SFNC	C	0.25%
NWL	C	0.25%
FFBC	B	0.25%
GTLS	A	0.25%
UNF	B	0.25%
LBRT	D	0.24%
MAN	F	0.24%
FAF	A	0.24%
MIDD	C	0.24%
EBC	B	0.24%
GXO	B	0.24%
INDB	B	0.24%
PBH	A	0.24%
NEOG	F	0.23%
TTMI	C	0.23%
HHH	B	0.23%
PPBI	C	0.23%
NVST	B	0.22%
WERN	C	0.22%
BILL	A	0.22%
CHRD	D	0.22%
SNDR	B	0.22%
SEB	F	0.22%
CVBF	A	0.22%
LGIH	F	0.22%
ENOV	C	0.21%
GBX	A	0.21%
TOWN	B	0.21%
FRME	B	0.21%
ARCB	C	0.21%
ZD	B	0.21%
ACT	C	0.21%
GT	C	0.21%
AAP	D	0.21%
IBTX	B	0.21%
IPGP	D	0.21%
CALM	A	0.2%
HGV	C	0.2%
AZTA	D	0.2%
BANR	B	0.2%
WSBC	B	0.2%
HTLF	B	0.2%
INSW	F	0.2%
WHR	B	0.2%
CPA	D	0.2%
SPNT	B	0.19%
JBT	B	0.19%
RNST	B	0.19%
VSH	F	0.19%
WMK	C	0.19%
NOG	B	0.19%
PINC	B	0.19%
TRMK	C	0.19%
STRA	C	0.19%
AIR	B	0.18%
ASO	F	0.18%
EPC	F	0.18%
KMT	B	0.18%
MIR	A	0.18%
DIOD	D	0.18%
KAR	B	0.18%
CEIX	A	0.18%
CUBI	B	0.17%
NWBI	B	0.17%
HI	C	0.17%
FL	F	0.17%
LZB	B	0.17%
DHT	F	0.17%
FDP	B	0.16%
B	A	0.16%
LCII	C	0.16%
ORA	B	0.16%
SIG	B	0.16%
LC	A	0.16%
AEO	F	0.16%
WKC	C	0.16%
SNV	C	0.16%
KSS	F	0.16%
CENTA	C	0.16%
USM	B	0.16%
BCC	B	0.16%
GAP	C	0.16%
ELAN	D	0.16%
CMRE	C	0.16%
PHIN	A	0.16%
TALO	C	0.16%
UA	C	0.16%
BHE	C	0.16%
EFSC	B	0.16%
LBRDK	C	0.16%
ANDE	D	0.16%
GPOR	B	0.16%
UAA	C	0.15%
WGO	C	0.15%
SASR	B	0.15%
PPC	C	0.15%
PRDO	B	0.15%
HLX	B	0.15%
FCF	B	0.15%
THS	D	0.14%
DNOW	B	0.14%
MODG	F	0.14%
FBNC	B	0.14%
MLKN	F	0.14%
SWI	C	0.14%
UVV	B	0.14%
AMWD	C	0.14%
ROG	D	0.14%
VBTX	B	0.13%
HMN	B	0.13%
PLAB	C	0.13%
NAVI	F	0.13%
EIG	B	0.13%
CABO	B	0.13%
FA	C	0.13%
SFL	D	0.13%
TKR	D	0.13%
STBA	B	0.13%
ADNT	F	0.13%
VSTO	A	0.13%
SKX	D	0.13%
HOPE	C	0.13%
KN	B	0.13%
ICUI	D	0.13%
SCSC	C	0.12%
KBH	D	0.12%
DCOM	B	0.12%
LPG	F	0.12%
INVA	D	0.12%
WTTR	A	0.12%
MRTN	D	0.12%
SUPN	C	0.12%
NHC	C	0.12%
DAN	D	0.12%
TPC	C	0.12%
PRIM	A	0.12%
XPRO	D	0.12%
BUSE	B	0.12%
NBHC	C	0.12%
GIII	D	0.12%
LRN	A	0.12%
HLIO	B	0.12%
PEBO	B	0.12%
FOR	F	0.12%
SBCF	B	0.11%
UNFI	A	0.11%
ITGR	B	0.11%
ATSG	B	0.11%
TEX	F	0.11%
SAH	C	0.11%
COHU	C	0.11%
SCS	C	0.11%
BHLB	B	0.11%
UMBF	B	0.11%
BV	C	0.11%
HELE	C	0.11%
GO	C	0.11%
SGRY	F	0.11%
COTY	F	0.1%
SCVL	F	0.1%
OMCL	C	0.1%
CMCO	C	0.1%
RES	D	0.1%
APA	D	0.1%
BXC	B	0.1%
PLYA	B	0.1%
VAL	F	0.1%
IMKTA	C	0.1%
TCBK	C	0.1%
GMS	B	0.1%
DOLE	D	0.1%
IART	C	0.1%
FBMS	B	0.09%
ALGT	B	0.09%
AOSL	C	0.09%
TRN	B	0.09%
CNOB	B	0.09%
QCRH	B	0.09%
DCO	C	0.09%
ASGN	F	0.09%
BY	B	0.09%
VTOL	B	0.09%
OCFC	B	0.09%
CRGY	B	0.09%
PFC	B	0.09%
NMIH	C	0.09%
LILAK	D	0.09%
BRKL	B	0.09%
ECPG	C	0.08%
MBWM	B	0.08%
ETD	C	0.08%
REX	D	0.08%
DLX	B	0.08%
MRCY	C	0.08%
LAUR	A	0.08%
PATK	C	0.08%
RAMP	B	0.08%
ODP	F	0.08%
VTLE	C	0.08%
UVSP	B	0.08%
OMI	F	0.08%
ENS	F	0.08%
DK	C	0.08%
NTCT	C	0.08%
HFWA	C	0.07%
EZPW	B	0.07%
EGBN	B	0.07%
ROCK	C	0.07%
NMRK	C	0.07%
XRX	F	0.07%
SMP	C	0.07%
HOMB	A	0.07%
MLR	C	0.07%
NX	C	0.07%
PSMT	D	0.07%
AVNS	F	0.07%
GLDD	B	0.07%
DGII	C	0.07%
AZZ	A	0.07%
ASTE	C	0.07%
HSII	B	0.07%
PLXS	B	0.07%
EYE	C	0.07%
VSTS	C	0.07%
ACHC	F	0.07%
PUMP	C	0.07%
CLVT	D	0.06%
NXST	C	0.06%
CFB	B	0.06%
MCS	B	0.06%
EBF	F	0.06%
HAYW	B	0.06%
RCM	A	0.06%
JELD	F	0.06%
PCRX	C	0.06%
FBK	C	0.06%
STC	B	0.06%
RBCAA	B	0.06%
CERT	F	0.06%
MNRO	D	0.06%
DXPE	C	0.06%
HBNC	B	0.06%
HAFC	B	0.06%
TRST	B	0.06%
SCHL	F	0.06%
VSEC	C	0.06%
HTLD	C	0.06%
MGNI	B	0.06%
MGPI	F	0.06%
GNK	D	0.06%
SPTN	D	0.06%
OBK	C	0.06%
PRA	C	0.06%
AXL	C	0.06%
HZO	F	0.06%
JBLU	F	0.06%
WOR	F	0.05%
OSBC	A	0.05%
SBH	C	0.05%
THR	B	0.05%
NVRI	D	0.05%
THFF	B	0.05%
FMBH	B	0.05%
GES	F	0.05%
WNC	C	0.05%
NR	B	0.05%
LBRDA	C	0.05%
MRC	B	0.05%
SWBI	C	0.05%
ATKR	D	0.05%
PDCO	F	0.05%
SNCY	C	0.05%
PGC	B	0.05%
PRAA	D	0.05%
HNI	B	0.05%
HTBK	B	0.05%
CPRI	F	0.05%
FWRG	C	0.05%
MSBI	B	0.05%
RYAM	C	0.05%
ASC	F	0.05%
RRX	B	0.05%
UFCS	A	0.05%
CNXN	C	0.05%
PLPC	B	0.05%
CZR	F	0.05%
NIC	B	0.05%
NWPX	A	0.05%
ICHR	C	0.05%
PRLB	B	0.05%
DNUT	F	0.05%
NAT	F	0.05%
ZI	D	0.05%
NAPA	A	0.05%
CTBI	B	0.05%
CAL	F	0.05%
SMPL	B	0.04%
KOS	D	0.04%
REPX	A	0.04%
IAS	C	0.04%
CCNE	C	0.04%
FISI	B	0.04%
AMTB	B	0.04%
BJRI	C	0.04%
CAC	C	0.04%
CTOS	B	0.04%
CACI	D	0.04%
TMP	B	0.04%
LOCO	D	0.04%
UFPI	C	0.04%
GRBK	D	0.04%
RPAY	D	0.04%
WASH	C	0.04%
AMRC	F	0.04%
GRNT	B	0.04%
ADV	D	0.04%
HII	F	0.04%
HTBI	B	0.04%
USNA	C	0.04%
AMBC	C	0.04%
BHB	C	0.04%
UCTT	D	0.04%
HCSG	C	0.04%
FFIC	B	0.04%
SRCE	B	0.04%
TRC	F	0.04%
VRNT	C	0.04%
KRNY	C	0.04%
KE	C	0.04%
IBOC	B	0.04%
MATW	C	0.04%
TILE	B	0.04%
HONE	C	0.04%
MBUU	B	0.04%
CENT	C	0.04%
BSRR	B	0.04%
HNRG	B	0.04%
AVO	C	0.04%
GLRE	B	0.04%
MD	C	0.04%
NFBK	C	0.04%
PLUS	F	0.04%
VREX	B	0.04%
HTZ	C	0.04%
FBIZ	B	0.03%
INBK	B	0.03%
CIVB	B	0.03%
TFX	F	0.03%
WSBF	C	0.03%
HBCP	C	0.03%
VPG	F	0.03%
ACCO	C	0.03%
LEGH	D	0.03%
WLFC	B	0.03%
HRTG	C	0.03%
BMBL	C	0.03%
AMPY	C	0.03%
RM	C	0.03%
IPI	C	0.03%
NGS	B	0.03%
AMAL	B	0.03%
CPF	B	0.03%
PKOH	C	0.03%
AMPS	C	0.03%
NPK	B	0.03%
BAND	B	0.03%
EGY	D	0.03%
MMI	C	0.03%
BRY	F	0.03%
BFST	C	0.03%
SWIM	C	0.03%
IIIN	C	0.03%
KELYA	F	0.03%
OXM	F	0.03%
GDOT	D	0.03%
MTW	C	0.03%
VLGEA	C	0.03%
FRPH	B	0.03%
USAP	B	0.03%
DGICA	A	0.03%
BOC	C	0.03%
SHEN	F	0.03%
GTN	F	0.03%
HVT	D	0.03%
MOFG	B	0.03%
SBSI	C	0.03%
MSGE	F	0.03%
LOVE	A	0.03%
GCO	C	0.03%
BGS	F	0.03%
SMBK	B	0.03%
RDN	D	0.03%
PKBK	A	0.02%
UNTY	B	0.02%
HAIN	D	0.02%
NEO	C	0.02%
GDEN	B	0.02%
BCBP	B	0.02%
KIDS	D	0.02%
ORGO	B	0.02%
RCKY	F	0.02%
THRM	F	0.02%
RBB	B	0.02%
RMAX	C	0.02%
LAKE	B	0.02%
FFWM	C	0.02%
GPRE	F	0.02%
SSTK	F	0.02%
ISTR	B	0.02%
WNEB	A	0.02%
NTGR	B	0.02%
RELL	B	0.02%
IBCP	B	0.02%
DBI	F	0.02%
WEYS	C	0.02%
QRVO	F	0.02%
MEC	F	0.02%
HOFT	B	0.02%
NECB	C	0.02%
BELFB	C	0.02%
CARS	C	0.02%
TSBK	A	0.02%
TWI	F	0.02%
KODK	B	0.02%
EQBK	B	0.02%
PARA	C	0.02%
SENEA	A	0.02%
HOV	D	0.02%
DAKT	C	0.02%
FUNC	B	0.02%
VSAT	F	0.02%
AHCO	F	0.02%
ALG	B	0.02%
MCFT	C	0.02%
ZIMV	D	0.02%
ULH	C	0.02%
BMRC	B	0.02%
CFFI	A	0.02%
PANL	F	0.02%
OSUR	F	0.02%
MPB	B	0.02%
NGVC	A	0.02%
FF	F	0.02%
GSBC	C	0.02%
GENC	C	0.02%
CLNE	F	0.02%
SEG	B	0.02%
ORRF	B	0.02%
FSTR	B	0.02%
FRST	B	0.02%
ZUMZ	B	0.02%
FLXS	B	0.02%
TCBX	B	0.02%
NVEE	F	0.02%
SHBI	B	0.02%
BCML	B	0.02%
CCRN	F	0.02%
CARE	C	0.02%
FLIC	B	0.02%
BHRB	B	0.02%
JAKK	C	0.02%
FLWS	D	0.02%
LSEA	D	0.02%
OIS	B	0.02%
NBTB	B	0.02%
AMCX	C	0.02%
RLGT	B	0.02%
GSM	D	0.02%
RGP	F	0.02%
CRSR	C	0.02%
TITN	C	0.02%
RNGR	A	0.02%
JOUT	F	0.02%
CFFN	C	0.02%
LILA	D	0.02%
ATNI	F	0.02%
OFG	B	0.02%
VMEO	B	0.02%
RBBN	C	0.02%
MOV	D	0.02%
MCB	B	0.02%
CVI	F	0.01%
CPS	C	0.01%
NL	B	0.01%
PVBC	B	0.01%
PFSI	C	0.01%
EML	D	0.01%
ORN	B	0.01%
MCW	C	0.01%
TWIN	F	0.01%
DHX	D	0.01%
ODC	B	0.01%
KW	C	0.01%
TBNK	B	0.01%
VTSI	C	0.01%
ARC	A	0.01%
APEI	B	0.01%
BWFG	B	0.01%
CZNC	C	0.01%
SBT	C	0.01%
EVBN	B	0.01%
STRS	B	0.01%
SPWH	F	0.01%
FNWB	C	0.01%
NBR	C	0.01%
TTEC	F	0.01%
SGA	D	0.01%
LYTS	B	0.01%
HMST	F	0.01%
GNTY	A	0.01%
SLQT	C	0.01%
THRY	D	0.01%
FONR	D	0.01%
AMN	F	0.01%
CSTL	D	0.01%
VNDA	C	0.01%
MITK	C	0.01%
ANGI	F	0.01%
ACTG	D	0.01%
MEG	F	0.01%
VYGR	F	0.01%
TBI	F	0.01%
PHX	A	0.01%
ACNB	B	0.01%
ANGO	C	0.01%
NATR	C	0.01%
TTSH	F	0.01%
FRD	F	0.01%
FARO	C	0.01%
RGR	F	0.01%
BWMN	C	0.01%
LTRX	F	0.01%
SRTS	B	0.01%
SYNA	C	0.01%
AOUT	B	0.01%
VIRC	B	0.01%
SFST	B	0.01%
EBTC	C	0.01%
AESI	B	0.01%
BZH	C	0.01%
GEOS	B	0.01%
TRDA	C	0.01%
ULBI	F	0.01%
MPAA	B	0.01%
EPM	A	0.01%
RVSB	B	0.01%
LCUT	F	0.01%
CLFD	F	0.01%
CTRN	F	0.01%
DXLG	D	0.01%
BALY	B	0.01%
JBI	F	0.01%
CLAR	D	0.01%
BWB	B	0.01%
ANET	C	0.01%
UBFO	A	0.01%
PWOD	A	0.01%
SNFCA	A	0.01%
RUSHB	C	0.01%
PFIS	A	0.01%
HDSN	F	0.01%
CBAN	B	0.01%
SGC	C	0.01%
BSET	C	0.01%
FCBC	C	0.01%
LGF.A	C	0.01%
PYCR	B	0.01%
OPBK	B	0.01%
ASLE	C	0.01%
SRI	F	0.01%
ESE	B	0.01%
NC	B	0.01%
ALCO	D	0.01%
BFIN	B	0.01%
NRIM	A	0.01%
HURC	B	0.01%
UTMD	F	0.01%
BLFY	B	0.01%
FET	F	0.01%
ORI	A	0.01%
BH	B	0.01%
LINC	C	0.01%
SMBC	B	0.01%
CCBG	B	0.01%
BANC	B	0.01%
OLPX	D	0.01%
SPFI	C	0.01%
CNDT	C	0.01%
FSBW	C	0.01%
SHYF	C	0.01%
AVD	C	0.01%
RUN	F	0.01%
CVEO	F	0.01%
VRA	C	0.01%
TCMD	B	0.01%
SMHI	F	0.01%
MBIN	F	0.01%
BOOM	F	0.01%
FRBA	D	0.01%
STRT	B	0.01%
BBCP	D	0.01%
GCI	D	0.01%
MG	D	0.01%
PARR	F	0.01%
ENVA	B	0.01%
PCB	B	0.01%
LXFR	C	0.01%
ASUR	C	0.01%
RBKB	A	0.0%
LSBK	A	0.0%
FCAP	D	0.0%
HWBK	B	0.0%
FSFG	A	0.0%
LUNA	F	0.0%
CFBK	B	0.0%
BOTJ	B	0.0%
LARK	A	0.0%
RMBI	A	0.0%
TAIT	F	0.0%
IROQ	B	0.0%
NWFL	C	0.0%
ELSE	B	0.0%
GROW	F	0.0%
VABK	B	0.0%
NSYS	D	0.0%
LGL	B	0.0%
DAIO	C	0.0%
GPRO	F	0.0%
OPY	B	0.0%
SLNG	C	0.0%
HNNA	B	0.0%
DIT	F	0.0%
CPSS	B	0.0%
FUSB	A	0.0%
FKWL	C	0.0%
BDL	F	0.0%
WHLM	F	0.0%
MGYR	A	0.0%
OVBC	A	0.0%
ALTO	F	0.0%
CULP	D	0.0%
WVVI	F	0.0%
CCRD	B	0.0%
EVI	F	0.0%
OPHC	C	0.0%
ALOT	C	0.0%
SSTI	C	0.0%
ATLO	C	0.0%
FRAF	A	0.0%
TAYD	D	0.0%
COOK	D	0.0%
AFBI	C	0.0%
UONEK	F	0.0%
NTIC	B	0.0%
LIVE	F	0.0%
LGF.A	C	0.0%
CBFV	A	0.0%
ESCA	B	0.0%
AIOT	B	0.0%
AMS	C	0.0%
CKX	F	0.0%
FLL	C	0.0%
OVLY	B	0.0%
AE	A	0.0%
AXTI	F	0.0%
METCB	F	0.0%
FLGT	F	0.0%
CVR	C	0.0%
QIPT	F	0.0%
JRVR	F	0.0%
HFFG	C	0.0%
RRBI	A	0.0%
ESP	C	0.0%
WHG	B	0.0%
TASK	C	0.0%
BWEN	F	0.0%
PROV	A	0.0%
EBMT	B	0.0%
MBCN	C	0.0%
CRWS	D	0.0%
SD	D	0.0%
FTK	B	0.0%
UEIC	B	0.0%
TRT	B	0.0%
FVCB	B	0.0%
TG	D	0.0%
ALTG	C	0.0%
SSBK	B	0.0%
FIGS	F	0.0%
ASRV	B	0.0%
CBNK	B	0.0%
COFS	A	0.0%
PEBK	B	0.0%
MNSB	C	0.0%
TACT	F	0.0%
MRBK	A	0.0%
ITIC	A	0.0%
NBN	C	0.0%
ITOS	F	0.0%
AC	B	0.0%
CZFS	B	0.0%
PPIH	B	0.0%
CATO	D	0.0%
HIFS	C	0.0%
DLHC	F	0.0%
KVHI	B	0.0%
ACU	C	0.0%
ARKO	C	0.0%
TUSK	F	0.0%
SGRP	D	0.0%
ONEW	F	0.0%
HBB	F	0.0%
NNBR	C	0.0%
LCNB	B	0.0%
DCGO	B	0.0%
TLYS	F	0.0%
BCAL	B	0.0%
HY	D	0.0%
SPOK	B	0.0%
UVE	B	0.0%
FCCO	B	0.0%
GAIA	A	0.0%
OB	B	0.0%
BCOV	B	0.0%
FMAO	B	0.0%
MNTX	B	0.0%
HBT	B	0.0%
HPK	B	0.0%
CTKB	C	0.0%
FMNB	B	0.0%
EVC	C	0.0%
HSTM	B	0.0%
DLTH	D	0.0%
WLDN	C	0.0%
CVGI	F	0.0%
EPSN	B	0.0%
POWW	F	0.0%
SBFG	B	0.0%
CIX	D	0.0%
MYFW	B	0.0%
SSP	F	0.0%
CZWI	A	0.0%
RSVR	B	0.0%
AROW	B	0.0%
KTCC	C	0.0%
FPH	C	0.0%
INTT	C	0.0%
ATLC	A	0.0%
AXR	B	0.0%
VEL	A	0.0%
VCYT	B	0.0%
ACDC	B	0.0%
RIOT	C	0.0%
EHTH	C	0.0%
CHMG	B	0.0%
FORR	C	0.0%
QUAD	C	0.0%
AVNW	F	0.0%
CNMD	C	0.0%
PAHC	C	0.0%
NEXA	B	0.0%
III	C	0.0%
EVH	F	0.0%
IBEX	B	0.0%
CMTL	F	0.0%
LFST	B	0.0%
PNRG	A	0.0%
CHGG	C	0.0%
CRNC	C	0.0%
SSYS	B	0.0%
IMMR	C	0.0%
OLO	A	0.0%
MVBF	C	0.0%
ALRS	D	0.0%
KEQU	B	0.0%
CNSL	C	0.0%

DFSV Underweight 59 Positions Relative to FMAT

Symbol	Grade	Weight
LIN	C	-15.3%
SHW	B	-6.57%
APD	A	-4.93%
ECL	D	-4.47%
FCX	F	-4.36%
NEM	D	-3.29%
CTVA	C	-2.81%
VMC	B	-2.62%
MLM	C	-2.54%
NUE	C	-2.46%
DD	C	-2.44%
DOW	F	-2.2%
PPG	F	-2.03%
SW	A	-1.84%
IFF	D	-1.6%
LYB	F	-1.51%
PKG	A	-1.49%
STLD	B	-1.44%
BALL	F	-1.35%
IP	A	-1.32%
RS	B	-1.25%
RPM	A	-1.23%
AVY	F	-1.13%
CF	A	-1.1%
AMCR	C	-1.03%
ALB	B	-0.84%
EMN	C	-0.83%
ATR	B	-0.81%
CCK	D	-0.76%
EXP	B	-0.73%
RGLD	C	-0.65%
AXTA	B	-0.63%
GPK	C	-0.61%
CRS	B	-0.57%
LPX	B	-0.51%
ATI	C	-0.49%
SUM	B	-0.42%
CBT	D	-0.42%
BCPC	B	-0.4%
KNF	B	-0.36%
OLN	F	-0.35%
SEE	C	-0.35%
WLK	D	-0.34%
SLGN	A	-0.32%
NEU	D	-0.27%
SMG	C	-0.22%
SLVM	B	-0.21%
SXT	C	-0.2%
CC	C	-0.2%
MTRN	C	-0.17%
HWKN	B	-0.17%
MP	C	-0.16%
NGVT	B	-0.11%
USLM	A	-0.11%
PCT	C	-0.09%
CENX	B	-0.08%
ASPN	F	-0.07%
GATO	C	-0.05%
IE	C	-0.05%