DFSV vs. SPSM ETF Comparison

Comparison of Dimensional US Small Cap Value ETF (DFSV) to SPDR Portfolio Small Cap ETF (SPSM)

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

$32.83

Average Daily Volume

570,627

Number of Holdings ^*

947

* 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

$48.10

Average Daily Volume

1,435,798

Number of Holdings ^*

587

* may have additional holdings in another (foreign) market

Performance

Period	DFSV	SPSM
30 Days	8.37%	7.88%
60 Days	12.64%	12.41%
90 Days	13.10%	12.73%
12 Months	34.67%	36.63%

289 Overlapping Holdings

Symbol	Grade	Weight in DFSV	Weight in SPSM	Overlap
AAP	F	0.2%	0.16%	0.16%
ABCB	B	0.39%	0.3%	0.3%
ABG	B	0.37%	0.34%	0.34%
ABM	B	0.35%	0.25%	0.25%
ACA	B	0.4%	0.34%	0.34%
ADNT	F	0.14%	0.13%	0.13%
AEO	F	0.12%	0.26%	0.12%
AGO	B	0.44%	0.31%	0.31%
AHCO	F	0.02%	0.08%	0.02%
AIR	F	0.14%	0.15%	0.14%
AL	B	0.47%	0.35%	0.35%
ALG	C	0.02%	0.15%	0.02%
ALGT	C	0.08%	0.07%	0.07%
ALK	B	0.51%	0.46%	0.46%
AMBC	F	0.04%	0.04%	0.04%
AMN	F	0.01%	0.1%	0.01%
AMR	D	0.18%	0.17%	0.17%
AMWD	B	0.14%	0.11%	0.11%
ANDE	D	0.16%	0.11%	0.11%
AOSL	F	0.1%	0.06%	0.06%
ARCB	C	0.22%	0.18%	0.18%
ARCH	B	0.21%	0.19%	0.19%
ASIX	B	0.07%	0.06%	0.06%
ASO	F	0.19%	0.27%	0.19%
ASTE	C	0.07%	0.06%	0.06%
ATGE	A	0.3%	0.22%	0.22%
AUB	B	0.28%	0.25%	0.25%
AVNS	F	0.08%	0.06%	0.06%
AXL	D	0.06%	0.05%	0.05%
AZZ	C	0.07%	0.17%	0.07%
B	B	0.24%	0.16%	0.16%
BANC	B	0.01%	0.16%	0.01%
BANR	B	0.2%	0.17%	0.17%
BCC	B	0.17%	0.39%	0.17%
BFH	B	0.25%	0.19%	0.19%
BGS	F	0.05%	0.05%	0.05%
BHE	B	0.17%	0.12%	0.12%
BHLB	B	0.11%	0.09%	0.09%
BJRI	C	0.04%	0.06%	0.04%
BKU	B	0.26%	0.2%	0.2%
BRKL	B	0.09%	0.08%	0.08%
BTU	B	0.33%	0.25%	0.25%
CABO	C	0.12%	0.12%	0.12%
CAL	F	0.05%	0.08%	0.05%
CALM	B	0.26%	0.27%	0.26%
CARS	D	0.01%	0.07%	0.01%
CATY	B	0.29%	0.25%	0.25%
CCS	F	0.29%	0.18%	0.18%
CEIX	A	0.24%	0.22%	0.22%
CENT	D	0.04%	0.02%	0.02%
CENTA	D	0.15%	0.12%	0.12%
CERT	F	0.04%	0.08%	0.04%
CFFN	B	0.03%	0.06%	0.03%
CLW	F	0.04%	0.03%	0.03%
CMA	B	0.42%	0.62%	0.42%
CNMD	C	0.01%	0.16%	0.01%
CNSL	A	0.01%	0.03%	0.01%
CNXN	C	0.05%	0.06%	0.05%
COHU	C	0.12%	0.1%	0.1%
CPF	B	0.03%	0.05%	0.03%
CRC	B	0.26%	0.27%	0.26%
CRGY	A	0.09%	0.14%	0.09%
CRK	A	0.3%	0.08%	0.08%
CRSR	D	0.02%	0.02%	0.02%
CTKB	C	0.0%	0.04%	0.0%
CUBI	C	0.15%	0.1%	0.1%
CVBF	B	0.2%	0.19%	0.19%
CWK	B	0.27%	0.22%	0.22%
DAN	F	0.12%	0.08%	0.08%
DCOM	B	0.1%	0.08%	0.08%
DGII	B	0.07%	0.08%	0.07%
DIOD	D	0.2%	0.21%	0.2%
DLX	B	0.06%	0.06%	0.06%
DNOW	C	0.12%	0.09%	0.09%
DXC	B	0.3%	0.27%	0.27%
DXPE	B	0.05%	0.05%	0.05%
ECPG	B	0.08%	0.08%	0.08%
EGBN	B	0.06%	0.06%	0.06%
EIG	B	0.12%	0.09%	0.09%
ENVA	B	0.04%	0.17%	0.04%
EPC	D	0.19%	0.13%	0.13%
ESE	B	0.01%	0.25%	0.01%
ETD	F	0.08%	0.05%	0.05%
EYE	D	0.07%	0.06%	0.06%
EZPW	B	0.06%	0.04%	0.04%
FBK	B	0.06%	0.13%	0.06%
FBNC	B	0.13%	0.13%	0.13%
FCF	B	0.14%	0.13%	0.13%
FDP	B	0.16%	0.08%	0.08%
FFBC	B	0.24%	0.18%	0.18%
FHB	B	0.28%	0.24%	0.24%
FL	F	0.19%	0.15%	0.15%
FLGT	C	0.0%	0.03%	0.0%
FUL	D	0.04%	0.3%	0.04%
FULT	B	0.29%	0.24%	0.24%
GBX	B	0.2%	0.14%	0.14%
GDEN	F	0.01%	0.05%	0.01%
GDOT	B	0.03%	0.05%	0.03%
GES	F	0.04%	0.04%	0.04%
GIII	B	0.13%	0.09%	0.09%
GMS	B	0.1%	0.27%	0.1%
GNW	C	0.3%	0.21%	0.21%
GO	D	0.1%	0.11%	0.1%
GPI	B	0.49%	0.35%	0.35%
GPRE	F	0.02%	0.06%	0.02%
GRBK	D	0.04%	0.16%	0.04%
GTES	B	0.47%	0.33%	0.33%
HAFC	B	0.05%	0.05%	0.05%
HAIN	D	0.02%	0.06%	0.02%
HAYN	A	0.06%	0.06%	0.06%
HAYW	B	0.06%	0.17%	0.06%
HCC	A	0.03%	0.25%	0.03%
HCSG	B	0.04%	0.06%	0.04%
HELE	D	0.12%	0.11%	0.11%
HFWA	B	0.06%	0.06%	0.06%
HI	C	0.16%	0.15%	0.15%
HLX	D	0.15%	0.1%	0.1%
HMN	B	0.12%	0.11%	0.11%
HNI	B	0.05%	0.18%	0.05%
HOPE	B	0.13%	0.11%	0.11%
HP	C	0.34%	0.24%	0.24%
HSII	B	0.07%	0.06%	0.06%
HSTM	A	0.0%	0.05%	0.0%
HTLD	C	0.05%	0.04%	0.04%
HTZ	F	0.03%	0.03%	0.03%
HUBG	B	0.28%	0.2%	0.2%
HZO	C	0.07%	0.04%	0.04%
IART	C	0.09%	0.1%	0.09%
IBTX	B	0.21%	0.16%	0.16%
ICHR	C	0.05%	0.07%	0.05%
ICUI	C	0.15%	0.31%	0.15%
IIIN	F	0.03%	0.04%	0.03%
INDB	B	0.22%	0.2%	0.2%
INVA	B	0.13%	0.08%	0.08%
IOSP	B	0.0%	0.2%	0.0%
ITGR	A	0.11%	0.32%	0.11%
JBLU	F	0.06%	0.13%	0.06%
JBT	B	0.2%	0.27%	0.2%
JXN	B	0.72%	0.55%	0.55%
KALU	C	0.08%	0.09%	0.08%
KAR	B	0.15%	0.13%	0.13%
KELYA	F	0.05%	0.05%	0.05%
KFY	B	0.31%	0.28%	0.28%
KMT	B	0.17%	0.15%	0.15%
KN	B	0.14%	0.12%	0.12%
KOP	D	0.05%	0.05%	0.05%
KSS	F	0.17%	0.15%	0.15%
KW	B	0.01%	0.09%	0.01%
KWR	D	0.05%	0.17%	0.05%
LBRT	F	0.24%	0.21%	0.21%
LCII	D	0.16%	0.21%	0.16%
LGIH	D	0.24%	0.16%	0.16%
LPG	F	0.13%	0.08%	0.08%
LRN	A	0.13%	0.3%	0.13%
LZB	C	0.15%	0.12%	0.12%
MATV	F	0.01%	0.06%	0.01%
MATW	C	0.04%	0.05%	0.04%
MATX	B	0.49%	0.39%	0.39%
MCW	B	0.01%	0.06%	0.01%
MD	B	0.04%	0.1%	0.04%
MDU	F	0.43%	0.23%	0.23%
MGPI	F	0.06%	0.05%	0.05%
MLAB	D	0.0%	0.05%	0.0%
MLI	B	0.0%	0.69%	0.0%
MLKN	F	0.13%	0.12%	0.12%
MMI	B	0.03%	0.07%	0.03%
MNRO	B	0.05%	0.06%	0.05%
MODG	F	0.18%	0.1%	0.1%
MRCY	C	0.07%	0.13%	0.07%
MRTN	C	0.11%	0.07%	0.07%
MTUS	D	0.06%	0.04%	0.04%
MTX	B	0.22%	0.18%	0.18%
MYE	F	0.01%	0.03%	0.01%
NAVI	F	0.13%	0.08%	0.08%
NBHC	B	0.12%	0.13%	0.12%
NBR	C	0.01%	0.05%	0.01%
NBTB	B	0.02%	0.16%	0.02%
NEO	C	0.01%	0.13%	0.01%
NHC	C	0.12%	0.11%	0.11%
NMIH	D	0.09%	0.22%	0.09%
NOG	B	0.18%	0.27%	0.18%
NPK	D	0.03%	0.03%	0.03%
NTCT	B	0.09%	0.11%	0.09%
NVEE	B	0.02%	0.09%	0.02%
NVRI	F	0.05%	0.04%	0.04%
NWBI	B	0.17%	0.13%	0.13%
NWL	B	0.25%	0.27%	0.25%
NX	C	0.07%	0.1%	0.07%
ODP	F	0.1%	0.08%	0.08%
OFG	C	0.03%	0.14%	0.03%
OI	D	0.15%	0.13%	0.13%
OMCL	B	0.1%	0.17%	0.1%
OMI	F	0.09%	0.07%	0.07%
OXM	F	0.02%	0.08%	0.02%
PAHC	B	0.0%	0.04%	0.0%
PARR	F	0.01%	0.07%	0.01%
PATK	D	0.08%	0.19%	0.08%
PBH	B	0.25%	0.27%	0.25%
PCRX	D	0.06%	0.06%	0.06%
PDCO	C	0.05%	0.12%	0.05%
PFS	B	0.25%	0.18%	0.18%
PHIN	B	0.15%	0.15%	0.15%
PINC	B	0.17%	0.16%	0.16%
PLAB	C	0.13%	0.11%	0.11%
PLUS	C	0.06%	0.18%	0.06%
PLXS	B	0.08%	0.3%	0.08%
PPBI	B	0.23%	0.18%	0.18%
PRA	B	0.06%	0.06%	0.06%
PRAA	C	0.04%	0.06%	0.04%
PRDO	B	0.13%	0.1%	0.1%
PRLB	B	0.04%	0.07%	0.04%
PSMT	C	0.07%	0.16%	0.07%
PUMP	D	0.07%	0.04%	0.04%
RAMP	C	0.07%	0.13%	0.07%
RDN	D	0.04%	0.36%	0.04%
RES	F	0.1%	0.03%	0.03%
REX	C	0.08%	0.05%	0.05%
REZI	B	0.22%	0.22%	0.22%
RGR	F	0.01%	0.05%	0.01%
RNST	B	0.18%	0.16%	0.16%
ROCK	D	0.07%	0.15%	0.07%
ROG	C	0.14%	0.13%	0.13%
RUN	F	0.02%	0.25%	0.02%
RUSHA	B	0.32%	0.27%	0.27%
SAH	B	0.11%	0.06%	0.06%
SANM	B	0.4%	0.29%	0.29%
SBCF	B	0.1%	0.17%	0.1%
SBH	C	0.05%	0.1%	0.05%
SBSI	C	0.03%	0.07%	0.03%
SCHL	F	0.07%	0.05%	0.05%
SCL	D	0.14%	0.12%	0.12%
SCSC	C	0.11%	0.07%	0.07%
SCVL	D	0.1%	0.05%	0.05%
SFNC	B	0.26%	0.22%	0.22%
SHEN	F	0.04%	0.05%	0.04%
SIG	B	0.15%	0.31%	0.15%
SKYW	B	0.37%	0.3%	0.3%
SM	C	0.45%	0.34%	0.34%
SMP	C	0.07%	0.05%	0.05%
SMPL	C	0.04%	0.23%	0.04%
SNCY	C	0.05%	0.04%	0.04%
SNDR	B	0.21%	0.1%	0.1%
SPNT	D	0.17%	0.1%	0.1%
SPTN	F	0.07%	0.05%	0.05%
SSTK	D	0.01%	0.06%	0.01%
STBA	C	0.12%	0.11%	0.11%
STC	D	0.06%	0.14%	0.06%
STRA	D	0.18%	0.16%	0.16%
SUPN	B	0.13%	0.14%	0.13%
SWI	B	0.15%	0.05%	0.05%
SXC	B	0.09%	0.06%	0.06%
TALO	D	0.15%	0.09%	0.09%
TDS	B	0.32%	0.2%	0.2%
TGNA	B	0.25%	0.2%	0.2%
THRM	F	0.01%	0.1%	0.01%
THRY	F	0.01%	0.04%	0.01%
THS	F	0.16%	0.13%	0.13%
TILE	B	0.03%	0.1%	0.03%
TMP	B	0.04%	0.06%	0.04%
TPH	D	0.39%	0.28%	0.28%
TRMK	B	0.19%	0.16%	0.16%
TRN	B	0.09%	0.2%	0.09%
TRST	B	0.06%	0.05%	0.05%
TTMI	A	0.24%	0.17%	0.17%
TWI	F	0.02%	0.02%	0.02%
UCB	B	0.3%	0.25%	0.25%
UCTT	D	0.03%	0.12%	0.03%
UFCS	B	0.04%	0.03%	0.03%
UNF	C	0.25%	0.2%	0.2%
UNFI	B	0.1%	0.09%	0.09%
URBN	D	0.31%	0.15%	0.15%
USNA	C	0.03%	0.03%	0.03%
UVV	C	0.14%	0.09%	0.09%
VBTX	B	0.12%	0.11%	0.11%
VSAT	F	0.03%	0.06%	0.03%
VSTO	A	0.14%	0.19%	0.14%
VSTS	F	0.08%	0.11%	0.08%
VTLE	D	0.07%	0.05%	0.05%
VTOL	C	0.08%	0.06%	0.06%
WAFD	C	0.28%	0.2%	0.2%
WERN	B	0.21%	0.17%	0.17%
WGO	C	0.15%	0.12%	0.12%
WKC	D	0.16%	0.12%	0.12%
WNC	D	0.04%	0.06%	0.04%
WOR	D	0.05%	0.09%	0.05%
WS	B	0.04%	0.1%	0.04%
WSFS	B	0.26%	0.22%	0.22%
XRX	F	0.07%	0.07%	0.07%
ZD	C	0.18%	0.16%	0.16%

DFSV Overweight 658 Positions Relative to SPSM

Symbol	Grade	Weight
TMHC	A	0.73%
IVZ	B	0.66%
DTM	A	0.64%
PNFP	B	0.6%
FYBR	C	0.6%
MTG	D	0.6%
CLF	C	0.58%
PB	B	0.58%
CMC	B	0.57%
LAD	B	0.57%
FHN	B	0.55%
X	C	0.55%
WCC	B	0.55%
BWA	C	0.54%
WBS	B	0.53%
FNB	B	0.53%
THO	C	0.53%
AMKR	F	0.53%
CNX	A	0.53%
AVT	B	0.52%
POST	D	0.52%
ONB	B	0.52%
CADE	B	0.51%
KNX	B	0.5%
ZION	B	0.49%
PVH	C	0.49%
MHK	D	0.49%
ESNT	F	0.47%
ARW	F	0.47%
UBSI	B	0.45%
OZK	B	0.44%
OSK	B	0.44%
KEX	C	0.44%
WTFC	B	0.44%
BIO	B	0.43%
GATX	B	0.42%
SSB	B	0.42%
DAR	C	0.42%
DNB	B	0.42%
R	B	0.42%
BOKF	B	0.41%
MUR	F	0.41%
WTM	A	0.41%
AR	D	0.41%
NOV	D	0.4%
VLY	B	0.39%
HWC	B	0.39%
JAZZ	B	0.38%
JHG	B	0.38%
ST	F	0.38%
AGCO	D	0.38%
MTDR	C	0.37%
RRC	C	0.36%
ADTN	B	0.36%
HOG	F	0.36%
COLB	B	0.36%
M	C	0.36%
ASB	B	0.36%
ASH	F	0.35%
TCBI	B	0.34%
LBRDK	B	0.34%
AVNT	B	0.34%
ESGR	B	0.33%
INGR	B	0.33%
FMC	D	0.33%
AXS	B	0.33%
LTH	C	0.33%
LEA	F	0.33%
RIG	D	0.32%
XRAY	F	0.32%
PBF	F	0.32%
HUN	F	0.32%
WAL	B	0.31%
STNG	F	0.31%
MOS	C	0.31%
JLL	C	0.3%
ALIT	D	0.29%
BPOP	D	0.29%
NNI	B	0.29%
PRGO	D	0.29%
FIBK	B	0.28%
GHC	B	0.28%
GXO	B	0.27%
BHF	B	0.26%
IPGP	C	0.25%
BERY	C	0.25%
MAN	F	0.25%
NJR	C	0.25%
MIR	B	0.24%
SEB	F	0.24%
MIDD	B	0.24%
HHH	B	0.24%
FAF	D	0.24%
CHRD	D	0.23%
EBC	B	0.23%
CIVI	D	0.23%
ESI	A	0.23%
VAC	B	0.22%
HTLF	B	0.22%
DINO	F	0.22%
ACT	D	0.22%
VSH	F	0.22%
NEOG	C	0.22%
INSW	F	0.21%
NVST	C	0.21%
AZTA	F	0.21%
GTLS	B	0.2%
CPA	C	0.2%
ENOV	C	0.2%
GT	C	0.2%
TOWN	C	0.2%
AA	B	0.19%
FRME	B	0.19%
WSBC	B	0.19%
HGV	C	0.19%
DHT	F	0.18%
USM	B	0.18%
GEF	B	0.18%
WMK	B	0.18%
ORA	A	0.17%
TROX	F	0.17%
WHR	B	0.17%
GAP	C	0.17%
SNV	B	0.16%
UA	B	0.16%
CMRE	C	0.16%
LC	B	0.16%
ELAN	D	0.16%
BILL	C	0.15%
GPOR	C	0.15%
SGRY	D	0.15%
EFSC	B	0.15%
PPC	B	0.15%
SFL	F	0.14%
SKX	F	0.14%
UAA	B	0.14%
TKR	F	0.14%
FOR	C	0.14%
SASR	B	0.14%
SON	F	0.14%
LILAK	D	0.14%
PRM	B	0.14%
KBH	D	0.13%
TEX	C	0.12%
HLIO	B	0.12%
BV	B	0.12%
XPRO	F	0.12%
PRIM	A	0.11%
ASGN	B	0.11%
PTVE	D	0.11%
DOLE	B	0.11%
BUSE	C	0.11%
FA	D	0.11%
UMBF	B	0.11%
PEBO	B	0.11%
IMKTA	D	0.1%
TPC	B	0.1%
TRS	B	0.1%
SCS	C	0.1%
HL	D	0.1%
CLVT	F	0.09%
DCO	C	0.09%
APA	F	0.09%
PFC	B	0.09%
ATSG	A	0.09%
TCBK	B	0.09%
CMCO	D	0.09%
PLYA	B	0.09%
BXC	B	0.09%
QCRH	B	0.09%
WTTR	B	0.09%
DK	F	0.08%
ENS	F	0.08%
UVSP	B	0.08%
BY	B	0.08%
OCFC	B	0.08%
LAUR	A	0.08%
COTY	F	0.08%
JELD	F	0.08%
FBMS	B	0.08%
CNOB	B	0.08%
VAL	F	0.07%
HOMB	B	0.07%
NAPA	A	0.07%
GLDD	B	0.07%
NXST	B	0.07%
LBRDA	B	0.07%
MBWM	B	0.07%
ECVT	C	0.07%
NMRK	B	0.07%
MLR	B	0.07%
RRX	B	0.06%
EBF	D	0.06%
MGNI	C	0.06%
NAT	F	0.06%
RBCAA	B	0.06%
OBK	B	0.06%
RYI	C	0.06%
ASC	F	0.06%
GNK	D	0.06%
RCM	B	0.06%
VSEC	B	0.06%
DNUT	C	0.06%
CZR	D	0.06%
ZI	C	0.06%
PGC	B	0.05%
VREX	C	0.05%
MBUU	C	0.05%
HTBK	B	0.05%
RYAM	B	0.05%
NR	C	0.05%
MRC	B	0.05%
NWPX	B	0.05%
SRCL	A	0.05%
SRCL	A	0.05%
CTBI	B	0.05%
MSBI	B	0.05%
MCS	B	0.05%
FWRG	C	0.05%
CFB	C	0.05%
CACI	B	0.05%
PLPC	B	0.05%
HBNC	B	0.05%
ATKR	C	0.05%
NIC	B	0.05%
BOC	B	0.04%
KOS	F	0.04%
WASH	B	0.04%
HTBI	C	0.04%
RPAY	C	0.04%
SRCE	B	0.04%
LOCO	D	0.04%
MSGE	B	0.04%
ACHC	F	0.04%
THR	D	0.04%
OSBC	B	0.04%
KRNY	B	0.04%
FFIC	B	0.04%
AVO	B	0.04%
BHB	B	0.04%
ADV	C	0.04%
HONE	C	0.04%
IBOC	B	0.04%
NFBK	B	0.04%
RDUS	C	0.04%
BSRR	B	0.04%
KE	C	0.04%
TRC	F	0.04%
KRO	C	0.04%
IAS	C	0.04%
UFPI	C	0.04%
ZEUS	D	0.04%
FMBH	B	0.04%
GTN	C	0.04%
GLRE	B	0.04%
THFF	B	0.04%
AMRC	D	0.04%
SWBI	D	0.04%
JAKK	C	0.03%
OEC	F	0.03%
METC	D	0.03%
REPX	B	0.03%
MOV	D	0.03%
VMEO	B	0.03%
HBCP	B	0.03%
MOFG	B	0.03%
CCRN	F	0.03%
ACCO	B	0.03%
EGY	F	0.03%
FLWS	C	0.03%
WSBF	B	0.03%
BMBL	D	0.03%
PKOH	B	0.03%
LEGH	C	0.03%
ATNI	F	0.03%
BFST	B	0.03%
AMPS	D	0.03%
VCYT	B	0.03%
LXU	C	0.03%
AMPY	C	0.03%
IPI	B	0.03%
WLFC	B	0.03%
RM	D	0.03%
MTW	C	0.03%
FRPH	B	0.03%
VLGEA	C	0.03%
VPG	F	0.03%
GCO	C	0.03%
CTOS	C	0.03%
AMAL	B	0.03%
CAC	B	0.03%
PACK	C	0.03%
VRNT	F	0.03%
HVT	F	0.03%
DGICA	A	0.03%
HNRG	C	0.03%
SWIM	D	0.03%
SMBK	B	0.03%
LOVE	B	0.03%
USAP	B	0.03%
BAND	C	0.03%
FISI	C	0.03%
BRY	F	0.03%
GRNT	C	0.03%
CCNE	B	0.03%
AMTB	B	0.03%
LILA	D	0.03%
HDSN	F	0.02%
ANET	A	0.02%
LAKE	C	0.02%
MCB	B	0.02%
KIDS	F	0.02%
PTSI	C	0.02%
RBB	B	0.02%
RCKY	F	0.02%
ISTR	B	0.02%
FSTR	C	0.02%
CDE	C	0.02%
BOOM	F	0.02%
PYCR	C	0.02%
RELL	B	0.02%
MCFT	B	0.02%
IBCP	B	0.02%
HOFT	C	0.02%
WNEB	B	0.02%
TWLO	A	0.02%
NTGR	B	0.02%
WEYS	B	0.02%
TSBK	B	0.02%
ASUR	C	0.02%
MERC	C	0.02%
ULH	B	0.02%
CFFI	B	0.02%
RMAX	B	0.02%
BMRC	B	0.02%
DAKT	B	0.02%
TCBX	B	0.02%
GSBC	B	0.02%
FUNC	B	0.02%
FLIC	B	0.02%
SHBI	B	0.02%
KODK	B	0.02%
RNGR	A	0.02%
MEC	D	0.02%
MPB	B	0.02%
EQBK	B	0.02%
GENC	C	0.02%
PARA	C	0.02%
DBI	F	0.02%
FRST	C	0.02%
BELFB	B	0.02%
BCML	B	0.02%
PANL	D	0.02%
NGVC	B	0.02%
ORRF	B	0.02%
SEG	D	0.02%
ZIMV	F	0.02%
OIS	C	0.02%
HRTG	D	0.02%
HOV	D	0.02%
AMCX	F	0.02%
CARE	B	0.02%
INBK	B	0.02%
BHRB	B	0.02%
FBIZ	B	0.02%
LSEA	F	0.02%
GSM	F	0.02%
RLGT	B	0.02%
ZUMZ	D	0.02%
FF	B	0.02%
OSUR	D	0.02%
FLXS	B	0.02%
CIVB	B	0.02%
RGP	F	0.02%
TITN	C	0.02%
NGS	B	0.02%
RBBN	A	0.02%
JOUT	F	0.02%
CRNC	D	0.01%
VTSI	D	0.01%
NL	C	0.01%
TBNK	B	0.01%
QUAD	B	0.01%
BWMN	D	0.01%
IMMR	F	0.01%
STRS	C	0.01%
LYTS	A	0.01%
BWFG	C	0.01%
HMST	F	0.01%
TWIN	D	0.01%
DHX	D	0.01%
ODC	C	0.01%
CZNC	B	0.01%
SBT	F	0.01%
EVBN	B	0.01%
ORI	B	0.01%
ACTG	D	0.01%
ARC	A	0.01%
FNWB	F	0.01%
EML	D	0.01%
AVNW	F	0.01%
SSP	D	0.01%
MITK	C	0.01%
NATR	D	0.01%
GNTY	C	0.01%
NBN	B	0.01%
CMTL	F	0.01%
ACNB	B	0.01%
FONR	F	0.01%
VNDA	C	0.01%
SRTS	C	0.01%
TRDA	B	0.01%
SPWH	F	0.01%
MEG	F	0.01%
TTEC	F	0.01%
SGA	F	0.01%
VYGR	C	0.01%
ANGO	C	0.01%
PHX	C	0.01%
MPAA	F	0.01%
SNFCA	B	0.01%
SFST	B	0.01%
FRD	F	0.01%
EPM	C	0.01%
ORN	C	0.01%
FFWM	C	0.01%
EBTC	B	0.01%
TTSH	B	0.01%
TBI	D	0.01%
ANGI	C	0.01%
GEOS	C	0.01%
CSTL	B	0.01%
AOUT	B	0.01%
AESI	D	0.01%
RVSB	C	0.01%
BZH	C	0.01%
SHYF	C	0.01%
CLAR	C	0.01%
PWOD	B	0.01%
UBFO	A	0.01%
CBAN	B	0.01%
GEF	B	0.01%
PFIS	B	0.01%
RUSHB	B	0.01%
SGC	C	0.01%
OPBK	B	0.01%
ASLE	D	0.01%
CIFR	C	0.01%
DXLG	D	0.01%
NRIM	C	0.01%
BH	C	0.01%
BALY	B	0.01%
LCUT	D	0.01%
BWB	B	0.01%
FCBC	B	0.01%
BSET	B	0.01%
VIRC	C	0.01%
CLFD	D	0.01%
BLFY	C	0.01%
UTMD	D	0.01%
ULBI	D	0.01%
ORGO	C	0.01%
CCBG	B	0.01%
LINC	B	0.01%
CLNE	C	0.01%
LTRX	F	0.01%
AVD	D	0.01%
BFIN	C	0.01%
FET	D	0.01%
ALCO	F	0.01%
CTRN	C	0.01%
SMBC	B	0.01%
SPFI	B	0.01%
NC	C	0.01%
TCMD	B	0.01%
HURC	C	0.01%
LGF.A	C	0.01%
OLPX	F	0.01%
FSBW	B	0.01%
MG	F	0.01%
SRI	F	0.01%
STRT	B	0.01%
LXFR	B	0.01%
CNDT	C	0.01%
PCB	B	0.01%
VRA	D	0.01%
NECB	B	0.01%
UNTY	B	0.01%
SENEA	B	0.01%
GCI	B	0.01%
REVG	C	0.01%
SMHI	F	0.01%
CVEO	D	0.01%
PKBK	B	0.01%
BBCP	F	0.01%
FRBA	C	0.01%
BCBP	B	0.01%
RBKB	B	0.0%
LSBK	B	0.0%
FCAP	C	0.0%
HWBK	B	0.0%
FSFG	A	0.0%
LUNA	F	0.0%
CFBK	B	0.0%
BOTJ	C	0.0%
LARK	A	0.0%
RMBI	B	0.0%
IROQ	B	0.0%
TAIT	F	0.0%
NWFL	B	0.0%
ELSE	C	0.0%
GROW	F	0.0%
VABK	B	0.0%
LGL	D	0.0%
NSYS	F	0.0%
OPY	B	0.0%
SLNG	C	0.0%
DAIO	D	0.0%
GPRO	D	0.0%
HNNA	C	0.0%
CPSS	B	0.0%
DIT	F	0.0%
FUSB	B	0.0%
FKWL	D	0.0%
ESP	B	0.0%
BDL	F	0.0%
WHLM	F	0.0%
MGYR	C	0.0%
OVBC	B	0.0%
CCRD	B	0.0%
ALOT	F	0.0%
OPHC	A	0.0%
CULP	D	0.0%
WVVI	F	0.0%
EVI	C	0.0%
SSTI	F	0.0%
ALTO	F	0.0%
ATLO	D	0.0%
FRAF	B	0.0%
TAYD	D	0.0%
AFBI	C	0.0%
NTIC	C	0.0%
COOK	D	0.0%
UONEK	F	0.0%
AIOT	B	0.0%
ESCA	C	0.0%
LIVE	F	0.0%
CBFV	B	0.0%
LGF.A	C	0.0%
AE	B	0.0%
OVLY	B	0.0%
AMS	C	0.0%
SSBK	B	0.0%
CKX	F	0.0%
FTK	B	0.0%
FLL	D	0.0%
METCB	C	0.0%
RRBI	B	0.0%
TASK	C	0.0%
CVR	B	0.0%
HFFG	C	0.0%
UEIC	F	0.0%
QIPT	F	0.0%
WHG	C	0.0%
MBCN	B	0.0%
PROV	B	0.0%
EBMT	A	0.0%
SD	D	0.0%
AXTI	F	0.0%
CRWS	F	0.0%
TRT	C	0.0%
BWEN	F	0.0%
JRVR	F	0.0%
CZFS	B	0.0%
FVCB	B	0.0%
ALTG	C	0.0%
HBB	F	0.0%
CBNK	B	0.0%
ASRV	C	0.0%
ITIC	B	0.0%
TG	B	0.0%
PEBK	C	0.0%
SYNA	D	0.0%
COFS	B	0.0%
SMLR	C	0.0%
MNSB	C	0.0%
MRBK	C	0.0%
PPIH	B	0.0%
AC	B	0.0%
TACT	F	0.0%
ACU	D	0.0%
KVHI	F	0.0%
ITOS	F	0.0%
DLHC	F	0.0%
NNBR	F	0.0%
HIFS	B	0.0%
CATO	B	0.0%
DCGO	C	0.0%
BCAL	B	0.0%
LCNB	B	0.0%
BCOV	B	0.0%
ARKO	C	0.0%
UVE	C	0.0%
ONEW	C	0.0%
SGRP	C	0.0%
SPOK	B	0.0%
TLYS	F	0.0%
OB	C	0.0%
GAIA	B	0.0%
FMAO	B	0.0%
IBEX	C	0.0%
FCCO	B	0.0%
TUSK	D	0.0%
HBT	B	0.0%
MNTX	C	0.0%
APEI	C	0.0%
HPK	F	0.0%
CPRI	F	0.0%
FMNB	C	0.0%
ATLC	A	0.0%
CMP	D	0.0%
POWW	F	0.0%
AROW	B	0.0%
SLQT	F	0.0%
MYFW	C	0.0%
RIOT	C	0.0%
CIX	D	0.0%
SBFG	C	0.0%
EVC	C	0.0%
CZWI	A	0.0%
RSVR	B	0.0%
EPSN	B	0.0%
DLTH	F	0.0%
ACDC	D	0.0%
WLDN	C	0.0%
FARO	B	0.0%
AXR	B	0.0%
INTT	C	0.0%
VEL	C	0.0%
MBIN	F	0.0%
CVGI	F	0.0%
FPH	B	0.0%
KTCC	C	0.0%
SSYS	C	0.0%
OLO	C	0.0%
CHMG	B	0.0%
FORR	F	0.0%
LFST	C	0.0%
EHTH	C	0.0%
PNRG	B	0.0%
MVBF	C	0.0%
III	D	0.0%
CHGG	F	0.0%
KEQU	D	0.0%
PVBC	C	0.0%
ALRS	D	0.0%
CPS	C	0.0%
NEXA	C	0.0%

DFSV Underweight 298 Positions Relative to SPSM

Symbol	Grade	Weight
CRS	B	-0.58%
GKOS	B	-0.54%
LUMN	B	-0.53%
RHI	B	-0.52%
VFC	B	-0.52%
ATI	D	-0.5%
MTH	D	-0.5%
BBWI	C	-0.48%
AWI	A	-0.46%
SPSC	F	-0.46%
CSWI	A	-0.45%
AVAV	B	-0.45%
ETSY	D	-0.45%
BMI	C	-0.44%
INSP	D	-0.43%
COOP	B	-0.43%
LNC	B	-0.43%
MMSI	A	-0.43%
BCPC	B	-0.42%
EPRT	D	-0.42%
MOG.A	B	-0.42%
ZWS	B	-0.4%
SEE	C	-0.4%
ACIW	A	-0.39%
ITRI	A	-0.38%
IBP	F	-0.38%
DY	D	-0.38%
SHAK	B	-0.37%
CTRE	C	-0.37%
FSS	D	-0.37%
SLG	A	-0.36%
NSIT	F	-0.36%
PECO	B	-0.35%
BOX	B	-0.35%
OGN	F	-0.35%
EAT	B	-0.35%
MGY	B	-0.35%
MC	B	-0.35%
MARA	C	-0.35%
PIPR	B	-0.34%
ADMA	C	-0.34%
ALKS	C	-0.33%
CORT	B	-0.33%
PI	C	-0.33%
KRYS	C	-0.33%
SFBS	B	-0.32%
RDNT	B	-0.32%
KTB	A	-0.31%
MHO	C	-0.31%
AEIS	B	-0.31%
IDCC	A	-0.31%
MAC	B	-0.3%
HASI	C	-0.3%
WHD	B	-0.3%
VRRM	F	-0.29%
BOOT	D	-0.29%
RXO	C	-0.29%
FELE	C	-0.29%
HIMS	B	-0.29%
MSGS	A	-0.28%
CVCO	B	-0.28%
STEP	B	-0.28%
BGC	A	-0.28%
GVA	B	-0.28%
FTDR	B	-0.28%
SEM	B	-0.28%
AX	B	-0.27%
WDFC	B	-0.27%
TGTX	B	-0.27%
IIPR	D	-0.27%
SKT	A	-0.27%
CCOI	B	-0.26%
HIW	C	-0.26%
WD	B	-0.26%
IAC	C	-0.26%
DORM	B	-0.26%
APLE	B	-0.25%
PJT	B	-0.25%
SMTC	A	-0.25%
AROC	B	-0.25%
YOU	D	-0.25%
ENV	C	-0.24%
BXMT	B	-0.24%
CNK	A	-0.24%
SITM	A	-0.24%
MGEE	A	-0.24%
SXT	B	-0.24%
CBU	B	-0.24%
SHOO	D	-0.24%
OTTR	C	-0.24%
AWR	C	-0.23%
NPO	C	-0.23%
APAM	B	-0.23%
BRC	B	-0.23%
FBP	C	-0.23%
BOH	B	-0.22%
AVA	D	-0.22%
PENN	C	-0.22%
SLVM	B	-0.22%
DEI	B	-0.22%
CWT	D	-0.22%
SATS	C	-0.22%
FORM	F	-0.22%
CRVL	B	-0.21%
PTGX	B	-0.21%
PRGS	A	-0.21%
TMDX	F	-0.21%
ABR	B	-0.21%
ACLS	F	-0.21%
TDW	F	-0.21%
BL	C	-0.21%
GSHD	B	-0.2%
POWL	B	-0.2%
CNS	B	-0.2%
ALRM	C	-0.2%
CPK	C	-0.2%
PTEN	D	-0.2%
UE	B	-0.2%
MPW	D	-0.2%
LXP	D	-0.2%
CARG	B	-0.2%
OII	B	-0.19%
KLIC	C	-0.19%
HBI	B	-0.19%
PRK	B	-0.19%
FCPT	D	-0.19%
AKR	B	-0.19%
JJSF	B	-0.19%
SNEX	B	-0.19%
VIRT	B	-0.19%
DOCN	D	-0.19%
GFF	C	-0.19%
EPAC	B	-0.18%
DV	D	-0.18%
TBBK	C	-0.18%
CPRX	B	-0.18%
NARI	C	-0.18%
OUT	C	-0.18%
VSCO	A	-0.18%
MP	B	-0.17%
ADUS	D	-0.17%
ASTH	B	-0.17%
YELP	C	-0.17%
AGYS	C	-0.17%
CWEN	D	-0.17%
PLMR	C	-0.17%
CALX	F	-0.16%
TNDM	F	-0.16%
EVTC	D	-0.16%
OSIS	C	-0.16%
ENR	B	-0.16%
SXI	B	-0.16%
PAYO	A	-0.16%
CAKE	B	-0.16%
BANF	B	-0.16%
MYRG	C	-0.16%
VCEL	B	-0.16%
AIN	D	-0.16%
MTRN	C	-0.16%
IPAR	C	-0.16%
VIAV	B	-0.16%
LMAT	B	-0.15%
PRVA	B	-0.15%
GEO	A	-0.15%
EXTR	B	-0.15%
ROIC	A	-0.15%
UFPT	C	-0.15%
LGND	A	-0.15%
HWKN	D	-0.15%
SHO	B	-0.15%
TRUP	C	-0.14%
VYX	C	-0.14%
PRG	C	-0.14%
NATL	C	-0.14%
TFIN	B	-0.14%
JOE	F	-0.14%
AMPH	D	-0.14%
WOLF	F	-0.13%
CHCO	B	-0.13%
MCY	B	-0.13%
TRIP	D	-0.13%
CASH	B	-0.13%
DRH	B	-0.13%
PZZA	C	-0.13%
SONO	C	-0.12%
CTS	B	-0.12%
GTY	C	-0.12%
TNC	F	-0.12%
LTC	B	-0.12%
LEG	F	-0.12%
SJW	F	-0.12%
MYGN	F	-0.12%
VECO	F	-0.12%
LKFN	B	-0.12%
APOG	B	-0.12%
STAA	F	-0.11%
HTH	C	-0.11%
FOXF	F	-0.11%
PEB	D	-0.11%
UPBD	C	-0.11%
DVAX	C	-0.11%
XHR	B	-0.11%
JBGS	D	-0.11%
VRTS	B	-0.11%
ELME	D	-0.11%
CXW	B	-0.11%
NWN	C	-0.11%
DFIN	F	-0.11%
GNL	D	-0.11%
FTRE	F	-0.11%
NGVT	C	-0.11%
HLIT	F	-0.1%
UNIT	B	-0.1%
DEA	C	-0.1%
VRE	B	-0.1%
LNN	B	-0.1%
XNCR	C	-0.1%
CSGS	B	-0.1%
ALEX	B	-0.1%
WABC	B	-0.1%
CHEF	C	-0.1%
RC	F	-0.09%
SAFT	C	-0.09%
MSEX	B	-0.09%
PMT	D	-0.09%
PGNY	F	-0.09%
WT	B	-0.09%
PLAY	C	-0.09%
USPH	C	-0.09%
SABR	C	-0.09%
WWW	A	-0.09%
BLMN	D	-0.09%
BKE	B	-0.09%
AAT	B	-0.09%
AORT	B	-0.08%
MCRI	B	-0.08%
SEDG	F	-0.08%
CSR	C	-0.08%
AMSF	B	-0.08%
MXL	C	-0.08%
ARLO	C	-0.08%
CBRL	C	-0.08%
EFC	D	-0.08%
PFBC	B	-0.08%
VICR	B	-0.08%
FBRT	B	-0.08%
TGI	C	-0.08%
ATEN	B	-0.08%
FIZZ	B	-0.08%
COLL	F	-0.08%
QNST	C	-0.08%
KLG	C	-0.08%
ARI	F	-0.08%
PBI	A	-0.08%
EXPI	C	-0.08%
BDN	C	-0.07%
NABL	F	-0.07%
XPEL	D	-0.07%
CENX	B	-0.07%
CWEN	D	-0.07%
CLB	C	-0.07%
PDFS	D	-0.07%
NXRT	C	-0.07%
CXM	D	-0.07%
UTL	D	-0.07%
HCI	B	-0.07%
RWT	D	-0.07%
JACK	D	-0.07%
ANIP	F	-0.07%
SDGR	D	-0.07%
HRMY	D	-0.07%
BSIG	B	-0.06%
JBSS	F	-0.06%
VVI	B	-0.06%
EMBC	C	-0.06%
RCUS	D	-0.06%
VIR	C	-0.06%
BLFS	B	-0.06%
WSR	B	-0.05%
FWRD	C	-0.05%
INN	D	-0.05%
KREF	C	-0.05%
TTGT	C	-0.05%
AHH	D	-0.05%
TR	C	-0.04%
UHT	D	-0.04%
LQDT	B	-0.04%
LESL	D	-0.04%
SVC	F	-0.04%
CVI	F	-0.04%
CEVA	B	-0.04%
HPP	F	-0.04%
IRWD	D	-0.04%
WRLD	C	-0.03%
GOGO	C	-0.03%
RGNX	D	-0.03%
SLP	F	-0.03%
BFS	B	-0.03%