EBIT vs. QVMS ETF Comparison

Comparison of Harbor AlphaEdge Small Cap Earners ETF (EBIT) to Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)

EBIT

Harbor AlphaEdge Small Cap Earners ETF

EBIT Description

The fund invests at least 80% of its total assets in securities that are included in the Index. The index is designed to deliver exposure to equity securities of small cap U.S. companies that are profitable, or "small cap earners," based on the index provider"s methodology.

Grade (RS Rating)

Last Trade

$35.07

Average Daily Volume

2,478

Number of Holdings ^*

652

* may have additional holdings in another (foreign) market

QVMS

Invesco S&P SmallCap 600 QVM Multi-factor ETF

QVMS Description

The investment seeks to track the investment results of the S&P SmallCap 600 Â® Quality, Value & Momentum Top 90% Multi- Factor Index (the âunderlying indexâ). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, designed to track the performance of a subset of securities from the S&P SmallCap 600 Â® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.99

Average Daily Volume

470

Number of Holdings ^*

524

* may have additional holdings in another (foreign) market

Performance

Period	EBIT	QVMS
30 Days	6.78%	8.06%
60 Days	11.73%	12.76%
90 Days	12.49%	13.07%
12 Months		37.22%

264 Overlapping Holdings

Symbol	Grade	Weight in EBIT	Weight in QVMS	Overlap
ABCB	B	0.24%	0.34%	0.24%
ABG	B	0.5%	0.42%	0.42%
ABM	B	0.18%	0.31%	0.18%
ABR	B	0.55%	0.23%	0.23%
ACA	B	0.16%	0.39%	0.16%
ACIW	A	0.19%	0.45%	0.19%
ACLS	F	0.08%	0.26%	0.08%
AEO	F	0.14%	0.32%	0.14%
ALEX	B	0.08%	0.11%	0.08%
ALG	C	0.1%	0.15%	0.1%
ALGT	C	0.13%	0.07%	0.07%
AMBC	F	0.15%	0.04%	0.04%
AMN	F	0.15%	0.15%	0.15%
AMR	D	0.38%	0.24%	0.24%
AMWD	B	0.06%	0.13%	0.06%
ANDE	D	0.12%	0.13%	0.12%
AOSL	F	0.07%	0.08%	0.07%
APAM	B	0.23%	0.25%	0.23%
APLE	B	0.16%	0.28%	0.16%
APOG	B	0.07%	0.14%	0.07%
ARCB	C	0.12%	0.21%	0.12%
ARCH	B	0.37%	0.23%	0.23%
ARI	F	0.19%	0.09%	0.09%
AROC	B	0.17%	0.26%	0.17%
ASIX	B	0.11%	0.06%	0.06%
ASO	F	0.39%	0.31%	0.31%
ATEN	B	0.06%	0.09%	0.06%
AUB	B	0.16%	0.29%	0.16%
AVA	D	0.16%	0.24%	0.16%
AVNS	F	0.05%	0.08%	0.05%
AWR	C	0.13%	0.25%	0.13%
AX	B	0.19%	0.3%	0.19%
AXL	D	0.11%	0.06%	0.06%
BANF	B	0.17%	0.13%	0.13%
BANR	B	0.17%	0.19%	0.17%
BCC	B	0.43%	0.46%	0.43%
BFH	B	0.35%	0.25%	0.25%
BGS	F	0.08%	0.06%	0.06%
BKE	B	0.16%	0.1%	0.1%
BKU	B	0.19%	0.23%	0.19%
BLMN	D	0.11%	0.13%	0.11%
BOH	B	0.2%	0.24%	0.2%
BOOT	D	0.14%	0.28%	0.14%
BTU	B	0.67%	0.24%	0.24%
BXMT	B	0.57%	0.26%	0.26%
CABO	C	0.23%	0.14%	0.14%
CAL	F	0.1%	0.09%	0.09%
CALM	B	0.31%	0.31%	0.31%
CALX	F	0.04%	0.19%	0.04%
CARG	B	0.1%	0.21%	0.1%
CARS	D	0.04%	0.08%	0.04%
CATY	B	0.26%	0.29%	0.26%
CBRL	C	0.09%	0.09%	0.09%
CBU	B	0.17%	0.28%	0.17%
CCOI	B	0.29%	0.27%	0.27%
CCS	F	0.22%	0.21%	0.21%
CEIX	A	0.31%	0.26%	0.26%
CHCO	B	0.14%	0.15%	0.14%
CLW	F	0.03%	0.04%	0.03%
CNS	B	0.16%	0.21%	0.16%
COLL	F	0.07%	0.1%	0.07%
COOP	B	0.79%	0.5%	0.5%
CRC	B	0.34%	0.29%	0.29%
CRK	A	0.39%	0.1%	0.1%
CRS	B	0.06%	0.69%	0.06%
CSR	C	0.06%	0.08%	0.06%
CUBI	C	0.14%	0.11%	0.11%
CVBF	B	0.17%	0.22%	0.17%
CVCO	B	0.13%	0.26%	0.13%
CVI	F	0.22%	0.05%	0.05%
CWK	B	0.26%	0.21%	0.21%
CXW	B	0.11%	0.14%	0.11%
DAN	F	0.09%	0.13%	0.09%
DCOM	B	0.15%	0.09%	0.09%
DEI	B	0.18%	0.24%	0.18%
DIOD	D	0.15%	0.27%	0.15%
DNOW	C	0.06%	0.11%	0.06%
DRH	B	0.09%	0.16%	0.09%
DXPE	B	0.06%	0.06%	0.06%
DY	D	0.16%	0.4%	0.16%
EFC	D	0.14%	0.08%	0.08%
EGBN	B	0.14%	0.07%	0.07%
ENVA	B	0.24%	0.21%	0.21%
EPC	D	0.16%	0.16%	0.16%
EPRT	D	0.17%	0.45%	0.17%
FBK	B	0.13%	0.15%	0.13%
FBNC	B	0.12%	0.14%	0.12%
FBP	C	0.2%	0.28%	0.2%
FBRT	B	0.13%	0.09%	0.09%
FELE	C	0.2%	0.33%	0.2%
FFBC	B	0.17%	0.21%	0.17%
FL	F	0.16%	0.19%	0.16%
FLGT	C	0.12%	0.03%	0.03%
FORM	F	0.06%	0.31%	0.06%
FTDR	B	0.2%	0.31%	0.2%
FUL	D	0.24%	0.35%	0.24%
FULT	B	0.19%	0.29%	0.19%
GDEN	F	0.13%	0.05%	0.05%
GEO	A	0.2%	0.19%	0.19%
GFF	C	0.08%	0.2%	0.08%
GMS	B	0.24%	0.3%	0.24%
GNW	C	0.44%	0.25%	0.25%
GOGO	C	0.06%	0.03%	0.03%
GPI	B	0.54%	0.41%	0.41%
GRBK	D	0.19%	0.16%	0.16%
HAFC	B	0.12%	0.06%	0.06%
HASI	C	0.18%	0.3%	0.18%
HBI	B	0.27%	0.21%	0.21%
HCC	A	0.31%	0.3%	0.3%
HCI	B	0.06%	0.07%	0.06%
HI	C	0.13%	0.19%	0.13%
HMN	B	0.05%	0.13%	0.05%
HOPE	B	0.16%	0.13%	0.13%
HP	C	0.13%	0.28%	0.13%
HPP	F	0.03%	0.05%	0.03%
HRMY	D	0.1%	0.1%	0.1%
HSII	B	0.09%	0.07%	0.07%
HSTM	A	0.04%	0.06%	0.04%
HTLD	C	0.07%	0.04%	0.04%
HTZ	F	0.54%	0.03%	0.03%
HUBG	B	0.18%	0.23%	0.18%
HZO	C	0.09%	0.05%	0.05%
IART	C	0.11%	0.12%	0.11%
IBP	F	0.14%	0.44%	0.14%
IBTX	B	0.14%	0.18%	0.14%
IIIN	F	0.05%	0.05%	0.05%
INDB	B	0.16%	0.23%	0.16%
INVA	B	0.22%	0.09%	0.09%
IPAR	C	0.13%	0.2%	0.13%
JBSS	F	0.09%	0.07%	0.07%
JJSF	B	0.1%	0.22%	0.1%
JXN	B	1.81%	0.62%	0.62%
KALU	C	0.04%	0.1%	0.04%
KFY	B	0.21%	0.31%	0.21%
KLG	C	0.05%	0.08%	0.05%
KLIC	C	0.15%	0.23%	0.15%
KREF	C	0.18%	0.05%	0.05%
KTB	A	0.24%	0.32%	0.24%
LBRT	F	0.18%	0.23%	0.18%
LCII	D	0.18%	0.25%	0.18%
LGIH	D	0.16%	0.17%	0.16%
LKFN	B	0.11%	0.14%	0.11%
LNN	B	0.05%	0.11%	0.05%
LPG	F	0.08%	0.09%	0.08%
LQDT	B	0.07%	0.04%	0.04%
LXP	D	0.14%	0.23%	0.14%
MAC	B	0.08%	0.32%	0.08%
MATX	B	0.6%	0.4%	0.4%
MC	B	0.14%	0.4%	0.14%
MCW	B	0.1%	0.05%	0.05%
MD	B	0.13%	0.09%	0.09%
MGY	B	0.38%	0.4%	0.38%
MHO	C	0.27%	0.35%	0.27%
MLI	B	0.52%	0.81%	0.52%
MMI	B	0.06%	0.08%	0.06%
MNRO	B	0.07%	0.07%	0.07%
MODG	F	0.08%	0.12%	0.08%
MOG.A	B	0.23%	0.47%	0.23%
MTH	D	0.48%	0.54%	0.48%
MTRN	C	0.07%	0.2%	0.07%
MYE	F	0.04%	0.04%	0.04%
MYRG	C	0.07%	0.17%	0.07%
NAVI	F	1.31%	0.11%	0.11%
NHC	C	0.1%	0.15%	0.1%
NMIH	D	0.22%	0.26%	0.22%
NOG	B	0.34%	0.31%	0.31%
NSIT	F	0.18%	0.51%	0.18%
NX	C	0.06%	0.11%	0.06%
OFG	C	0.12%	0.16%	0.12%
OI	D	0.38%	0.16%	0.16%
OMI	F	0.07%	0.08%	0.07%
OTTR	C	0.19%	0.3%	0.19%
OXM	F	0.08%	0.09%	0.08%
PAHC	B	0.07%	0.04%	0.04%
PARR	F	0.1%	0.08%	0.08%
PATK	D	0.2%	0.23%	0.2%
PBH	B	0.18%	0.31%	0.18%
PDCO	C	0.14%	0.15%	0.14%
PEB	D	0.2%	0.13%	0.13%
PFS	B	0.14%	0.21%	0.14%
PHIN	B	0.15%	0.18%	0.15%
PIPR	B	0.2%	0.38%	0.2%
PLAB	C	0.14%	0.14%	0.14%
PLAY	C	0.14%	0.1%	0.1%
PLMR	C	0.07%	0.2%	0.07%
PMT	D	0.31%	0.1%	0.1%
POWL	B	0.08%	0.2%	0.08%
PPBI	B	0.14%	0.22%	0.14%
PRA	B	0.05%	0.06%	0.05%
PRAA	C	0.12%	0.07%	0.07%
PRG	C	0.15%	0.16%	0.15%
PRGS	A	0.09%	0.23%	0.09%
RC	F	0.24%	0.09%	0.09%
RDN	D	0.4%	0.45%	0.4%
RES	F	0.1%	0.04%	0.04%
REX	C	0.07%	0.06%	0.06%
REZI	B	0.22%	0.26%	0.22%
ROCK	D	0.09%	0.17%	0.09%
ROG	C	0.09%	0.15%	0.09%
RUSHA	B	0.28%	0.3%	0.28%
RWT	D	0.3%	0.08%	0.08%
SAH	B	0.21%	0.08%	0.08%
SANM	B	0.25%	0.33%	0.25%
SBCF	B	0.12%	0.19%	0.12%
SBH	C	0.2%	0.12%	0.12%
SCHL	F	0.03%	0.05%	0.03%
SCSC	C	0.08%	0.1%	0.08%
SCVL	D	0.06%	0.05%	0.05%
SEM	B	0.31%	0.3%	0.3%
SFBS	B	0.17%	0.36%	0.17%
SFNC	B	0.19%	0.25%	0.19%
SHOO	D	0.18%	0.26%	0.18%
SIG	B	0.35%	0.36%	0.35%
SJW	F	0.1%	0.14%	0.1%
SKYW	B	0.18%	0.32%	0.18%
SLP	F	0.02%	0.04%	0.02%
SLVM	B	0.29%	0.25%	0.25%
SM	C	0.47%	0.45%	0.45%
SNCY	C	0.07%	0.04%	0.04%
SONO	C	0.05%	0.14%	0.05%
SPTN	F	0.1%	0.06%	0.06%
SSTK	D	0.04%	0.07%	0.04%
STAA	F	0.02%	0.13%	0.02%
STC	D	0.14%	0.16%	0.14%
STEP	B	0.17%	0.27%	0.17%
STRA	D	0.07%	0.16%	0.07%
SVC	F	0.05%	0.05%	0.05%
TALO	D	0.12%	0.13%	0.12%
TBBK	C	0.14%	0.23%	0.14%
TDS	B	0.1%	0.24%	0.1%
TFIN	B	0.07%	0.17%	0.07%
THRY	F	0.03%	0.05%	0.03%
TPH	D	0.27%	0.33%	0.27%
TRN	B	0.2%	0.25%	0.2%
TRST	B	0.09%	0.05%	0.05%
TTMI	A	0.12%	0.17%	0.12%
TWI	F	0.08%	0.03%	0.03%
UCB	B	0.17%	0.29%	0.17%
UCTT	D	0.06%	0.14%	0.06%
UE	B	0.18%	0.21%	0.18%
UFPT	C	0.05%	0.18%	0.05%
UHT	D	0.07%	0.04%	0.04%
URBN	D	0.13%	0.17%	0.13%
USPH	C	0.09%	0.1%	0.09%
UVV	C	0.12%	0.1%	0.1%
VBTX	B	0.13%	0.13%	0.13%
VECO	F	0.05%	0.16%	0.05%
VIAV	B	0.08%	0.17%	0.08%
VRRM	F	0.1%	0.36%	0.1%
VRTS	B	0.18%	0.13%	0.13%
VSCO	A	0.42%	0.2%	0.2%
VSTO	A	0.17%	0.21%	0.17%
VTLE	D	0.17%	0.07%	0.07%
WAFD	C	0.15%	0.19%	0.15%
WD	B	0.17%	0.31%	0.17%
WERN	B	0.16%	0.2%	0.16%
WGO	C	0.17%	0.15%	0.15%
WNC	D	0.08%	0.07%	0.07%
WOR	D	0.18%	0.1%	0.1%
WS	B	0.05%	0.11%	0.05%
WSFS	B	0.18%	0.26%	0.18%
WSR	B	0.07%	0.05%	0.05%
XHR	B	0.06%	0.13%	0.06%
YELP	C	0.06%	0.19%	0.06%

EBIT Overweight 388 Positions Relative to QVMS

Symbol	Grade	Weight
PBF	F	0.84%
TMHC	A	0.55%
CMC	B	0.52%
PFSI	D	0.51%
NNI	B	0.45%
TGNA	B	0.44%
VLY	B	0.41%
MUR	F	0.41%
ACT	D	0.41%
ESNT	F	0.39%
KBH	D	0.39%
CRGY	A	0.38%
IGT	D	0.38%
HRI	B	0.38%
CNO	B	0.37%
UFPI	C	0.35%
UNIT	B	0.34%
ATKR	C	0.33%
CBT	A	0.32%
CMRE	C	0.31%
UMBF	B	0.31%
HWC	B	0.3%
NMRK	B	0.3%
SSB	B	0.29%
BECN	B	0.28%
RRR	C	0.28%
PAGS	F	0.28%
BKH	D	0.28%
SFM	A	0.28%
AIT	B	0.28%
STNE	F	0.28%
ADNT	F	0.27%
GPOR	C	0.27%
GEF	B	0.27%
NJR	C	0.27%
POR	D	0.26%
GTN	C	0.26%
SIGI	B	0.25%
WTS	C	0.25%
SR	D	0.25%
AVNT	B	0.25%
AGM	B	0.25%
SUM	B	0.25%
HGV	C	0.25%
ONB	B	0.25%
KNTK	B	0.24%
MRVI	F	0.24%
CWH	C	0.24%
HOMB	B	0.24%
EAF	C	0.24%
VCTR	B	0.24%
BDC	B	0.24%
GATX	B	0.24%
GBCI	B	0.23%
GOGL	D	0.23%
BCO	D	0.23%
ENSG	C	0.23%
ASB	B	0.23%
UBSI	B	0.22%
CADE	B	0.22%
MMS	C	0.22%
CHX	D	0.22%
VSH	F	0.22%
GT	C	0.22%
IBOC	B	0.22%
STNG	F	0.22%
OGS	C	0.22%
GHC	B	0.21%
RHP	B	0.21%
TNET	F	0.21%
HLNE	B	0.21%
PNM	B	0.21%
TEX	C	0.2%
KW	B	0.2%
GLNG	B	0.2%
VHI	B	0.2%
SKY	C	0.2%
LADR	C	0.19%
PRIM	A	0.19%
NWE	D	0.19%
VYX	C	0.19%
HALO	C	0.19%
EXLS	A	0.18%
SWX	B	0.18%
FFIN	B	0.18%
HTLF	B	0.18%
SGRY	D	0.18%
RYI	C	0.18%
FG	C	0.18%
ASGN	B	0.18%
FIBK	B	0.18%
ATSG	A	0.18%
ANF	F	0.17%
INSW	F	0.17%
LILAK	D	0.17%
BXC	B	0.17%
ALE	A	0.17%
HLF	C	0.17%
BNL	D	0.16%
CDP	C	0.16%
TOWN	C	0.16%
PTVE	D	0.16%
TROX	F	0.16%
ECPG	B	0.16%
TCBI	B	0.16%
MBIN	F	0.15%
KNF	B	0.15%
HOV	D	0.15%
EMBC	C	0.15%
ATLC	A	0.15%
TGLS	C	0.15%
GOLF	C	0.15%
SASR	B	0.15%
JACK	D	0.15%
WSBC	B	0.15%
DFH	F	0.15%
VEL	C	0.15%
EFSC	B	0.15%
FN	B	0.15%
HELE	D	0.14%
KOS	F	0.14%
OPCH	F	0.14%
FRME	B	0.14%
EVRI	A	0.14%
PCH	D	0.14%
STRL	A	0.14%
HEES	B	0.14%
SFL	F	0.14%
TPB	B	0.13%
ZD	C	0.13%
IESC	B	0.13%
AMCX	F	0.13%
CSTM	F	0.13%
ENS	F	0.13%
IMKTA	D	0.13%
HPK	F	0.13%
OLPX	F	0.12%
FLNG	F	0.12%
GTLS	B	0.12%
IRT	C	0.12%
NHI	D	0.12%
BBSI	A	0.12%
CMPO	B	0.12%
WLFC	B	0.12%
CNOB	B	0.12%
BZH	C	0.12%
ESGR	B	0.12%
GOOD	B	0.11%
PFC	B	0.11%
LNTH	D	0.11%
MOD	C	0.11%
DK	F	0.11%
CENT	D	0.11%
ARL	F	0.11%
TCBK	B	0.11%
CCO	C	0.11%
NSP	F	0.11%
FWRD	C	0.11%
AMRK	F	0.11%
FOR	C	0.11%
WTI	C	0.1%
CAC	B	0.1%
WMK	B	0.1%
OLP	B	0.1%
INMD	C	0.1%
UVSP	B	0.1%
NGVT	C	0.1%
AMAL	B	0.1%
CSWI	A	0.1%
CLPR	C	0.1%
TCI	F	0.1%
CSV	B	0.1%
CPSS	B	0.1%
CIO	D	0.1%
LESL	D	0.1%
AVO	B	0.09%
CCSI	B	0.09%
MED	D	0.09%
REVG	C	0.09%
BV	B	0.09%
MBUU	C	0.09%
CCB	B	0.09%
LC	B	0.09%
SMBK	B	0.09%
PSTL	B	0.09%
EBC	B	0.09%
HLIO	B	0.09%
PEBO	B	0.09%
NAPA	A	0.09%
DIN	C	0.09%
TRS	B	0.09%
MFIN	B	0.08%
OUT	C	0.08%
CCRN	F	0.08%
HAE	C	0.08%
CBNK	B	0.08%
EBF	D	0.08%
SKWD	B	0.08%
UTMD	D	0.08%
UTZ	F	0.08%
VC	F	0.08%
KODK	B	0.08%
OEC	F	0.08%
MCBS	B	0.08%
STGW	C	0.08%
DHC	F	0.08%
TGI	C	0.08%
LEU	C	0.08%
FA	D	0.08%
IRMD	B	0.08%
ARKO	C	0.08%
RBB	B	0.08%
ONEW	C	0.07%
USCB	B	0.07%
ITIC	B	0.07%
MCB	B	0.07%
SGHC	B	0.07%
LPRO	C	0.07%
AGS	A	0.07%
BCAL	B	0.07%
NRC	F	0.07%
TIPT	B	0.07%
AGX	B	0.07%
GMRE	D	0.07%
CRAI	B	0.07%
BKD	F	0.07%
REFI	B	0.07%
HONE	C	0.07%
BCML	B	0.07%
LOCO	D	0.07%
OSW	A	0.07%
PCB	B	0.06%
KFRC	D	0.06%
PLOW	D	0.06%
SWKH	F	0.06%
NATH	B	0.06%
RVLV	B	0.06%
BBW	C	0.06%
NTST	F	0.06%
OFLX	C	0.06%
FPI	B	0.06%
RDVT	B	0.06%
HVT	F	0.06%
GRNT	C	0.06%
SCS	C	0.06%
VLGEA	C	0.06%
LGTY	B	0.06%
GENC	C	0.06%
ACDC	D	0.06%
CRCT	D	0.06%
YORW	C	0.06%
CTO	B	0.06%
METC	D	0.06%
CARE	B	0.06%
TRAK	B	0.06%
GIC	F	0.06%
ACTG	D	0.06%
BFC	B	0.06%
JELD	F	0.06%
ESSA	B	0.06%
LOB	C	0.06%
RM	D	0.06%
CMPR	F	0.06%
III	D	0.06%
FOXF	F	0.06%
MLR	B	0.06%
TH	D	0.06%
NREF	C	0.05%
QUAD	B	0.05%
PNRG	B	0.05%
ACMR	C	0.05%
PLPC	B	0.05%
SNBR	D	0.05%
CVLT	A	0.05%
ACRE	C	0.05%
DENN	C	0.05%
FFWM	C	0.05%
ZEUS	D	0.05%
REPX	B	0.05%
MRAM	D	0.05%
AMRC	D	0.05%
HBCP	B	0.05%
HBT	B	0.05%
PKE	B	0.05%
NVEC	C	0.05%
GLRE	B	0.05%
FNLC	B	0.05%
GCI	B	0.05%
UNTY	B	0.05%
GPMT	C	0.05%
LEGH	C	0.05%
BSVN	B	0.05%
DHT	F	0.05%
MOV	D	0.05%
FRBA	C	0.05%
CBAN	B	0.05%
LYTS	A	0.05%
VSEC	B	0.05%
TTEC	F	0.05%
PANL	D	0.05%
HQY	B	0.05%
FWRG	C	0.04%
ARHS	F	0.04%
RRBI	B	0.04%
MPX	C	0.04%
MAPS	F	0.04%
SHLS	D	0.04%
IMMR	F	0.04%
LSEA	F	0.04%
MG	F	0.04%
FSP	C	0.04%
BRT	C	0.04%
ATLO	D	0.04%
ITOS	F	0.04%
TSBK	B	0.04%
PCYO	B	0.04%
TITN	C	0.04%
FORR	F	0.04%
EGAN	D	0.04%
REI	C	0.04%
CLFD	D	0.04%
IDT	B	0.04%
PINE	D	0.04%
KFS	B	0.04%
DBI	F	0.04%
VRNT	F	0.04%
IBEX	C	0.03%
ARRY	F	0.03%
VITL	D	0.03%
NEOG	C	0.03%
PBFS	B	0.03%
HFFG	C	0.03%
BHR	C	0.03%
TTSH	B	0.03%
KRT	B	0.03%
SIGA	C	0.03%
ALCO	F	0.03%
PTSI	C	0.03%
CTOS	C	0.03%
RGP	F	0.03%
GWRS	B	0.03%
VREX	C	0.03%
NUS	F	0.03%
GNTY	C	0.03%
MYFW	C	0.03%
PLBC	B	0.03%
HDSN	F	0.03%
CASS	B	0.03%
PRTH	C	0.03%
EPM	C	0.03%
THR	D	0.03%
NL	C	0.03%
FRPH	B	0.03%
SSBK	B	0.03%
INSE	B	0.03%
OVLY	B	0.03%
AMPY	C	0.03%
PFIS	B	0.03%
HMST	F	0.03%
DXLG	D	0.02%
CURV	F	0.02%
GCBC	C	0.02%
FVCB	B	0.02%
CTRN	C	0.02%
AVNW	F	0.02%
JILL	D	0.02%
RILY	F	0.02%
SMLR	C	0.02%
OBT	C	0.02%
NKSH	C	0.02%
LCUT	D	0.02%
NWFL	B	0.02%
VALU	B	0.02%
TRC	F	0.02%
SHYF	C	0.02%
CRMT	F	0.02%
COFS	B	0.02%
CIX	D	0.02%
CHGG	F	0.02%
BBCP	F	0.02%
JRVR	F	0.02%
NTIC	C	0.02%
JMSB	B	0.02%
VABK	B	0.02%
PGNY	F	0.01%
RMNI	D	0.01%
HQI	D	0.01%
EWCZ	D	0.01%

EBIT Underweight 260 Positions Relative to QVMS

Symbol	Grade	Weight
CMA	B	-0.67%
ATI	D	-0.59%
GKOS	B	-0.59%
VFC	B	-0.59%
RHI	B	-0.58%
SPSC	F	-0.54%
AVAV	B	-0.54%
LNC	B	-0.5%
AWI	A	-0.5%
BMI	C	-0.49%
BCPC	B	-0.47%
FSS	D	-0.46%
SEE	C	-0.44%
MMSI	A	-0.44%
ALK	B	-0.43%
MARA	C	-0.43%
SLG	A	-0.4%
AL	B	-0.4%
OGN	F	-0.4%
ITRI	A	-0.39%
RDNT	B	-0.38%
ALKS	C	-0.38%
AGO	B	-0.37%
CTRE	C	-0.36%
PECO	B	-0.36%
ITGR	A	-0.36%
AEIS	B	-0.36%
CORT	B	-0.35%
EAT	B	-0.35%
SHAK	B	-0.34%
KRYS	C	-0.34%
WHD	B	-0.33%
PLXS	B	-0.33%
GTES	B	-0.32%
JBT	B	-0.31%
LRN	A	-0.31%
BGC	A	-0.31%
IDCC	A	-0.31%
DXC	B	-0.3%
IIPR	D	-0.3%
GVA	B	-0.3%
IAC	C	-0.3%
WDFC	B	-0.3%
RXO	C	-0.3%
SKT	A	-0.29%
HIW	C	-0.29%
TDW	F	-0.29%
ICUI	C	-0.28%
SXT	B	-0.28%
DORM	B	-0.27%
SITM	A	-0.27%
NWL	B	-0.27%
ESE	B	-0.27%
NPO	C	-0.27%
FHB	B	-0.27%
MGEE	A	-0.26%
PENN	C	-0.26%
BRC	B	-0.26%
CWT	D	-0.25%
ENV	C	-0.25%
PJT	B	-0.25%
IOSP	B	-0.24%
CRVL	B	-0.24%
ATGE	A	-0.24%
BL	C	-0.24%
CWEN	D	-0.24%
OII	B	-0.24%
ALRM	C	-0.24%
CNK	A	-0.24%
GSHD	B	-0.23%
PLUS	C	-0.23%
UNF	C	-0.23%
SMPL	C	-0.23%
PTGX	B	-0.22%
VIRT	B	-0.22%
B	B	-0.22%
PRK	B	-0.22%
PTEN	D	-0.22%
AZZ	C	-0.21%
MPW	D	-0.21%
VCEL	B	-0.21%
SNEX	B	-0.21%
MTX	B	-0.21%
CPK	C	-0.21%
HWKN	D	-0.2%
FCPT	D	-0.2%
AAP	F	-0.2%
AIN	D	-0.2%
AKR	B	-0.2%
CPRX	B	-0.2%
EPAC	B	-0.2%
HNI	B	-0.2%
SATS	C	-0.2%
ASTH	B	-0.19%
SXI	B	-0.19%
ADUS	D	-0.19%
RNST	B	-0.19%
NBTB	B	-0.19%
PSMT	C	-0.19%
ENR	B	-0.19%
SHO	B	-0.18%
KWR	D	-0.18%
OSIS	C	-0.18%
PAYO	A	-0.18%
TRMK	B	-0.18%
AGYS	C	-0.18%
KMT	B	-0.17%
MCY	B	-0.17%
KSS	F	-0.17%
HAYW	B	-0.17%
EVTC	D	-0.17%
MYGN	F	-0.17%
SUPN	B	-0.17%
CAKE	B	-0.17%
PINC	B	-0.17%
KAR	B	-0.16%
CNMD	C	-0.16%
ROIC	A	-0.16%
GBX	B	-0.16%
LGND	A	-0.16%
TRUP	C	-0.16%
AIR	F	-0.16%
PRVA	B	-0.16%
CENTA	D	-0.16%
FCF	B	-0.15%
MRCY	C	-0.15%
NWBI	B	-0.15%
TNC	F	-0.15%
LMAT	B	-0.15%
NBHC	B	-0.15%
JBLU	F	-0.15%
MLKN	F	-0.15%
JOE	F	-0.15%
CASH	B	-0.15%
TRIP	D	-0.15%
GO	D	-0.15%
NTCT	B	-0.14%
BHE	B	-0.14%
SCL	D	-0.14%
RAMP	C	-0.14%
NEO	C	-0.14%
FTRE	F	-0.14%
KN	B	-0.14%
THS	F	-0.14%
VSTS	F	-0.14%
NWN	C	-0.13%
DFIN	F	-0.13%
GTY	C	-0.13%
CHEF	C	-0.13%
HLX	D	-0.13%
WKC	D	-0.13%
CTS	B	-0.13%
LTC	B	-0.13%
LZB	C	-0.13%
WABC	B	-0.12%
CSGS	B	-0.12%
THRM	F	-0.12%
JBGS	D	-0.12%
PRDO	B	-0.12%
ELME	D	-0.12%
HTH	C	-0.12%
STBA	C	-0.12%
GNL	D	-0.12%
SPNT	D	-0.11%
UPBD	C	-0.11%
HLIT	F	-0.11%
DEA	C	-0.11%
AAT	B	-0.11%
COHU	C	-0.11%
CERT	F	-0.1%
BHLB	B	-0.1%
WT	B	-0.1%
EIG	B	-0.1%
DGII	B	-0.1%
NVEE	B	-0.1%
SAFT	C	-0.1%
UNFI	B	-0.1%
WWW	A	-0.1%
CLB	C	-0.09%
GIII	B	-0.09%
CXM	D	-0.09%
TILE	B	-0.09%
XRX	F	-0.09%
XNCR	C	-0.09%
ODP	F	-0.09%
ARLO	C	-0.09%
AMSF	B	-0.09%
PFBC	B	-0.09%
VICR	B	-0.09%
MSEX	B	-0.09%
AORT	B	-0.09%
PCRX	D	-0.08%
BLFS	B	-0.08%
MGPI	F	-0.08%
UTL	D	-0.08%
VTOL	C	-0.08%
NVRI	F	-0.08%
SBSI	C	-0.08%
FDP	B	-0.08%
NXRT	C	-0.08%
ICHR	C	-0.08%
QNST	C	-0.08%
CENX	B	-0.08%
BRKL	B	-0.08%
ANIP	F	-0.08%
SNDR	B	-0.08%
MCRI	B	-0.08%
FIZZ	B	-0.08%
AHCO	F	-0.07%
HCSG	B	-0.07%
GPRE	F	-0.07%
SXC	B	-0.07%
HFWA	B	-0.07%
CFFN	B	-0.07%
VVI	B	-0.07%
XPEL	D	-0.07%
RCUS	D	-0.07%
MATV	F	-0.07%
NABL	F	-0.07%
DLX	B	-0.07%
TMP	B	-0.07%
MRTN	C	-0.07%
BDN	C	-0.07%
BJRI	C	-0.07%
EXPI	C	-0.07%
INN	D	-0.06%
ETD	F	-0.06%
PRLB	B	-0.06%
RGR	F	-0.06%
NBR	C	-0.06%
AHH	D	-0.06%
HAYN	A	-0.06%
MATW	C	-0.06%
ASTE	C	-0.06%
KOP	D	-0.06%
SHEN	F	-0.06%
EYE	D	-0.06%
HAIN	D	-0.06%
VSAT	F	-0.06%
CNXN	C	-0.06%
CPF	B	-0.06%
CEVA	B	-0.05%
MTUS	D	-0.05%
KELYA	F	-0.05%
MLAB	D	-0.05%
SWI	B	-0.05%
EZPW	B	-0.05%
PUMP	D	-0.05%
USNA	C	-0.04%
CTKB	C	-0.04%
TR	C	-0.04%
BFS	B	-0.04%
GES	F	-0.04%
GDOT	B	-0.04%
SMP	C	-0.04%
CRSR	D	-0.03%
RGNX	D	-0.03%
NPK	D	-0.03%
WRLD	C	-0.03%
UFCS	B	-0.03%