FAD vs. BBSC ETF Comparison

Comparison of First Trust MuFirst Trust Multi CG AlphaDEX (FAD) to JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC)

FAD

First Trust MuFirst Trust Multi CG AlphaDEX

FAD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$148.28

Average Daily Volume

4,276

Number of Holdings ^*

640

* may have additional holdings in another (foreign) market

BBSC

JPMorgan BetaBuilders U.S. Small Cap Equity ETF

BBSC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar ®US Small Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the index and at least 80% of its assets in the securities of small-capitalization companies. The index consists of equity securities primarily traded in the United States and targets those securities that fall between the 95th and 99th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$73.32

Average Daily Volume

10,446

Number of Holdings ^*

731

* may have additional holdings in another (foreign) market

Performance

Period	FAD	BBSC
30 Days	7.67%	7.42%
60 Days	10.52%	7.36%
90 Days	13.20%	8.31%
12 Months	42.08%	35.63%

237 Overlapping Holdings

Symbol	Grade	Weight in FAD	Weight in BBSC	Overlap
AAT	B	0.07%	0.08%	0.07%
ACIW	B	0.22%	0.36%	0.22%
ACLX	C	0.13%	0.23%	0.13%
ACVA	B	0.05%	0.18%	0.05%
ADUS	D	0.06%	0.13%	0.06%
AGIO	C	0.11%	0.2%	0.11%
AGM	B	0.05%	0.12%	0.05%
AGYS	A	0.05%	0.17%	0.05%
AIV	C	0.05%	0.06%	0.05%
ALHC	C	0.11%	0.08%	0.08%
ALKT	B	0.11%	0.11%	0.11%
ALX	D	0.04%	0.03%	0.03%
AMC	C	0.02%	0.1%	0.02%
AMPH	F	0.06%	0.11%	0.06%
AMRX	C	0.12%	0.07%	0.07%
ANIP	F	0.04%	0.07%	0.04%
APAM	B	0.03%	0.21%	0.03%
APOG	C	0.08%	0.11%	0.08%
APPF	B	0.04%	0.32%	0.04%
APPN	B	0.03%	0.08%	0.03%
ARDX	F	0.03%	0.06%	0.03%
AROC	A	0.06%	0.23%	0.06%
ASTH	F	0.08%	0.1%	0.08%
ATGE	B	0.14%	0.2%	0.14%
AUR	C	0.17%	0.33%	0.17%
AVAV	C	0.16%	0.36%	0.16%
AX	B	0.26%	0.27%	0.26%
AZZ	A	0.07%	0.15%	0.07%
BANC	B	0.05%	0.15%	0.05%
BANF	B	0.08%	0.16%	0.08%
BCO	F	0.16%	0.26%	0.16%
BCRX	D	0.09%	0.1%	0.09%
BEAM	D	0.02%	0.12%	0.02%
BGC	C	0.08%	0.24%	0.08%
BKD	F	0.05%	0.06%	0.05%
BOOT	C	0.17%	0.25%	0.17%
BRC	D	0.06%	0.21%	0.06%
CAKE	C	0.08%	0.14%	0.08%
CALM	A	0.12%	0.24%	0.12%
CARG	B	0.08%	0.19%	0.08%
CARS	C	0.03%	0.07%	0.03%
CBZ	B	0.03%	0.23%	0.03%
CDE	C	0.11%	0.16%	0.11%
CDP	C	0.05%	0.21%	0.05%
CDRE	F	0.04%	0.05%	0.04%
CEIX	A	0.06%	0.21%	0.06%
CENX	B	0.1%	0.07%	0.07%
CHCO	B	0.08%	0.12%	0.08%
CHEF	A	0.12%	0.09%	0.09%
CHWY	B	0.1%	0.31%	0.1%
CIFR	C	0.08%	0.07%	0.07%
CLB	B	0.02%	0.06%	0.02%
CLDX	F	0.02%	0.09%	0.02%
CLSK	C	0.06%	0.19%	0.06%
CMPR	D	0.05%	0.08%	0.05%
CNK	C	0.14%	0.22%	0.14%
CORT	B	0.24%	0.34%	0.24%
CPK	A	0.05%	0.17%	0.05%
CPRX	C	0.1%	0.14%	0.1%
CRDO	B	0.16%	0.35%	0.16%
CRNX	C	0.04%	0.27%	0.04%
CRS	B	0.23%	0.53%	0.23%
CSWI	B	0.23%	0.42%	0.23%
CTRE	C	0.08%	0.26%	0.08%
CTS	C	0.03%	0.1%	0.03%
CVLT	B	0.22%	0.47%	0.22%
CWAN	B	0.11%	0.25%	0.11%
DNLI	D	0.04%	0.22%	0.04%
DOCN	C	0.06%	0.13%	0.06%
DORM	B	0.11%	0.22%	0.11%
DRVN	B	0.06%	0.06%	0.06%
DSGR	C	0.12%	0.02%	0.02%
DY	D	0.21%	0.34%	0.21%
EAT	A	0.19%	0.32%	0.19%
ELME	D	0.04%	0.09%	0.04%
ENVA	B	0.14%	0.16%	0.14%
ENVX	F	0.02%	0.08%	0.02%
EPAC	C	0.05%	0.16%	0.05%
ESE	B	0.08%	0.22%	0.08%
ESRT	C	0.07%	0.09%	0.07%
FBP	C	0.09%	0.22%	0.09%
FBRT	D	0.02%	0.07%	0.02%
FCPT	C	0.05%	0.16%	0.05%
FLNC	D	0.06%	0.08%	0.06%
FTDR	B	0.14%	0.27%	0.14%
GABC	B	0.08%	0.08%	0.08%
GERN	D	0.08%	0.12%	0.08%
GFF	A	0.07%	0.18%	0.07%
GH	B	0.05%	0.22%	0.05%
GKOS	B	0.09%	0.46%	0.09%
GNL	F	0.02%	0.09%	0.02%
GSHD	A	0.13%	0.17%	0.13%
GTX	C	0.05%	0.06%	0.05%
GTY	A	0.05%	0.1%	0.05%
GVA	A	0.15%	0.26%	0.15%
HASI	D	0.13%	0.19%	0.13%
HEES	C	0.06%	0.13%	0.06%
HIMS	B	0.19%	0.2%	0.19%
HLIT	D	0.06%	0.08%	0.06%
HLNE	B	0.24%	0.47%	0.24%
HLX	B	0.04%	0.09%	0.04%
HNI	B	0.12%	0.16%	0.12%
HRMY	D	0.08%	0.07%	0.07%
HURN	C	0.08%	0.14%	0.08%
HWKN	B	0.12%	0.15%	0.12%
IAS	C	0.05%	0.05%	0.05%
IBOC	B	0.15%	0.24%	0.15%
ICFI	F	0.06%	0.18%	0.06%
IDCC	B	0.16%	0.28%	0.16%
IESC	C	0.16%	0.15%	0.15%
IIPR	D	0.06%	0.18%	0.06%
INSM	C	0.11%	0.72%	0.11%
INTA	B	0.11%	0.15%	0.11%
IOVA	F	0.06%	0.12%	0.06%
ITGR	B	0.17%	0.28%	0.17%
ITRI	C	0.22%	0.34%	0.22%
JAMF	F	0.02%	0.05%	0.02%
JOE	F	0.02%	0.12%	0.02%
KAI	B	0.15%	0.29%	0.15%
KN	B	0.07%	0.1%	0.07%
KNF	B	0.22%	0.3%	0.22%
KNTK	A	0.06%	0.07%	0.06%
KTB	B	0.23%	0.32%	0.23%
KTOS	B	0.07%	0.23%	0.07%
KW	C	0.05%	0.07%	0.05%
KYMR	D	0.11%	0.12%	0.11%
LFST	B	0.1%	0.04%	0.04%
LGND	C	0.05%	0.13%	0.05%
LKFN	C	0.05%	0.11%	0.05%
LMAT	A	0.11%	0.13%	0.11%
LMND	B	0.15%	0.1%	0.1%
LPG	F	0.02%	0.07%	0.02%
LRN	A	0.14%	0.26%	0.14%
LTC	B	0.02%	0.1%	0.02%
MAC	B	0.05%	0.26%	0.05%
MARA	B	0.05%	0.35%	0.05%
MBIN	F	0.08%	0.05%	0.05%
MCY	A	0.14%	0.12%	0.12%
MGEE	B	0.06%	0.24%	0.06%
MGNI	B	0.08%	0.13%	0.08%
MIR	A	0.03%	0.2%	0.03%
MLNK	C	0.03%	0.03%	0.03%
MOD	A	0.2%	0.37%	0.2%
MOG.A	B	0.22%	0.39%	0.22%
MWA	B	0.11%	0.24%	0.11%
MYGN	F	0.04%	0.09%	0.04%
NBHC	C	0.11%	0.11%	0.11%
NEO	C	0.05%	0.13%	0.05%
NHC	C	0.12%	0.12%	0.12%
NHI	D	0.06%	0.21%	0.06%
NMIH	C	0.09%	0.18%	0.09%
NSSC	D	0.02%	0.08%	0.02%
NXRT	B	0.05%	0.06%	0.05%
OII	B	0.08%	0.17%	0.08%
OSCR	D	0.09%	0.16%	0.09%
OSIS	A	0.07%	0.16%	0.07%
OSW	B	0.11%	0.11%	0.11%
OUT	A	0.1%	0.16%	0.1%
PAR	A	0.03%	0.15%	0.03%
PAYO	A	0.17%	0.16%	0.16%
PBI	B	0.12%	0.07%	0.07%
PHR	F	0.04%	0.07%	0.04%
PI	D	0.14%	0.26%	0.14%
PIPR	A	0.25%	0.32%	0.25%
PJT	A	0.14%	0.23%	0.14%
PLAY	D	0.03%	0.08%	0.03%
PLMR	A	0.11%	0.15%	0.11%
PMT	C	0.07%	0.07%	0.07%
POWL	C	0.16%	0.18%	0.16%
PRCT	B	0.14%	0.25%	0.14%
PRGS	A	0.09%	0.18%	0.09%
PRIM	A	0.16%	0.26%	0.16%
PRK	B	0.11%	0.17%	0.11%
PTCT	B	0.1%	0.2%	0.1%
PTGX	D	0.11%	0.14%	0.11%
PTON	A	0.11%	0.17%	0.11%
PZZA	F	0.02%	0.1%	0.02%
QTWO	A	0.25%	0.36%	0.25%
RDNT	B	0.24%	0.33%	0.24%
RKLB	A	0.24%	0.29%	0.24%
RLAY	F	0.02%	0.04%	0.02%
RNG	C	0.08%	0.18%	0.08%
ROAD	B	0.16%	0.24%	0.16%
RRR	F	0.02%	0.16%	0.02%
RUN	F	0.09%	0.15%	0.09%
RXST	F	0.04%	0.09%	0.04%
RYTM	C	0.13%	0.19%	0.13%
SABR	C	0.1%	0.09%	0.09%
SBRA	C	0.12%	0.24%	0.12%
SCS	C	0.05%	0.07%	0.05%
SFBS	C	0.24%	0.32%	0.24%
SGBX	F	0.11%	0.18%	0.11%
SHAK	C	0.08%	0.29%	0.08%
SITM	B	0.08%	0.23%	0.08%
SKT	A	0.05%	0.24%	0.05%
SKWD	A	0.12%	0.09%	0.09%
SKYW	C	0.12%	0.27%	0.12%
SLG	B	0.18%	0.31%	0.18%
SLVM	B	0.12%	0.19%	0.12%
SMTC	B	0.1%	0.22%	0.1%
SOUN	B	0.03%	0.12%	0.03%
STEP	C	0.14%	0.24%	0.14%
STRA	C	0.02%	0.14%	0.02%
STRL	A	0.15%	0.36%	0.15%
SWI	C	0.05%	0.04%	0.04%
SXI	B	0.05%	0.15%	0.05%
SYBT	B	0.11%	0.13%	0.11%
TBBK	B	0.13%	0.17%	0.13%
TDW	F	0.03%	0.16%	0.03%
TGLS	B	0.1%	0.11%	0.1%
TGTX	B	0.15%	0.28%	0.15%
TMDX	F	0.09%	0.18%	0.09%
TNC	D	0.02%	0.1%	0.02%
TNDM	D	0.05%	0.12%	0.05%
TPG	A	0.19%	0.35%	0.19%
TR	B	0.02%	0.03%	0.02%
TRN	B	0.13%	0.19%	0.13%
TRUP	B	0.15%	0.11%	0.11%
TWST	F	0.06%	0.13%	0.06%
UE	B	0.08%	0.16%	0.08%
UFPT	C	0.08%	0.14%	0.08%
USLM	A	0.14%	0.1%	0.1%
VCTR	B	0.11%	0.17%	0.11%
VCYT	B	0.13%	0.18%	0.13%
VECO	F	0.02%	0.1%	0.02%
VERX	A	0.09%	0.15%	0.09%
VRNS	D	0.11%	0.36%	0.11%
VRRM	F	0.07%	0.24%	0.07%
WABC	B	0.03%	0.09%	0.03%
WDFC	B	0.05%	0.24%	0.05%
WHD	B	0.14%	0.27%	0.14%
WRBY	A	0.07%	0.08%	0.07%
WT	A	0.08%	0.08%	0.08%
WWW	A	0.15%	0.11%	0.11%
YELP	C	0.02%	0.15%	0.02%
YOU	D	0.09%	0.13%	0.09%
ZETA	D	0.14%	0.2%	0.14%

FAD Overweight 403 Positions Relative to BBSC

Symbol	Grade	Weight
APP	B	0.96%
PLTR	B	0.69%
AXON	A	0.63%
CVNA	B	0.59%
TRGP	A	0.57%
RCL	A	0.55%
VRT	B	0.52%
VST	A	0.52%
DASH	B	0.51%
EXPE	B	0.51%
GDDY	A	0.5%
GS	A	0.5%
HOOD	B	0.5%
EME	A	0.49%
KKR	A	0.49%
FICO	B	0.49%
HWM	A	0.48%
BK	A	0.46%
PWR	A	0.46%
CCL	A	0.45%
WAB	B	0.45%
HEI	A	0.44%
BURL	B	0.44%
TT	A	0.44%
AXP	A	0.44%
ALL	A	0.44%
PGR	A	0.43%
NRG	B	0.43%
URI	C	0.43%
CPNG	D	0.42%
VTR	B	0.42%
UTHR	C	0.42%
AMP	A	0.41%
NTRS	A	0.41%
LYV	A	0.41%
IRM	C	0.41%
FI	A	0.4%
GRMN	B	0.4%
FCNCA	A	0.4%
TMUS	B	0.39%
RBLX	C	0.39%
NVDA	B	0.39%
THC	D	0.39%
TPL	A	0.39%
JPM	A	0.39%
NOW	A	0.38%
ACGL	C	0.37%
PM	B	0.37%
ORCL	A	0.37%
MSI	B	0.37%
PH	A	0.37%
CEG	C	0.37%
BRO	B	0.36%
PCG	A	0.36%
GEN	B	0.36%
BSX	A	0.36%
LII	A	0.35%
HCA	F	0.35%
COST	A	0.35%
CTAS	B	0.35%
PEG	A	0.34%
ANET	C	0.33%
META	D	0.33%
FSLR	F	0.33%
RMD	C	0.33%
CAT	B	0.33%
SHW	B	0.33%
AFRM	A	0.32%
IBM	C	0.32%
GE	D	0.32%
ERIE	D	0.32%
AVGO	D	0.32%
APO	B	0.32%
NEE	C	0.31%
COIN	C	0.31%
SOFI	B	0.3%
TDG	D	0.3%
ALNY	D	0.29%
BAH	F	0.29%
FTNT	C	0.29%
BKNG	A	0.29%
NFLX	A	0.29%
GWW	B	0.28%
CASY	A	0.27%
HLT	A	0.27%
SFM	A	0.27%
ISRG	A	0.27%
NDAQ	A	0.27%
DECK	A	0.27%
HUBB	B	0.26%
AJG	A	0.26%
BR	A	0.26%
TTD	B	0.26%
WELL	A	0.26%
WSO	A	0.26%
MCO	B	0.25%
TJX	A	0.25%
NTRA	A	0.25%
BRK.A	B	0.25%
TYL	B	0.25%
ALSN	B	0.25%
FOUR	A	0.24%
ECL	D	0.24%
MANH	D	0.24%
NTAP	C	0.24%
SPGI	C	0.24%
FIX	A	0.24%
LVS	B	0.24%
SO	C	0.24%
CSL	C	0.24%
ICE	C	0.24%
DUOL	A	0.23%
VLTO	C	0.23%
UBER	F	0.23%
PSA	C	0.23%
TOST	B	0.23%
TSCO	D	0.23%
IBKR	A	0.22%
TSLA	B	0.22%
EXEL	B	0.22%
COHR	B	0.22%
XYL	D	0.22%
CW	C	0.22%
CL	D	0.22%
EFX	F	0.21%
ENSG	C	0.21%
EWBC	A	0.21%
AMT	C	0.21%
WMB	A	0.21%
IOT	A	0.21%
CPAY	A	0.2%
AIT	B	0.2%
DVA	C	0.2%
AAON	B	0.2%
LTH	C	0.2%
ADSK	A	0.19%
FFIN	B	0.19%
MO	A	0.19%
PODD	C	0.19%
MSTR	B	0.19%
PSN	D	0.19%
GMED	A	0.19%
PANW	B	0.19%
COKE	C	0.19%
MAR	A	0.19%
EXLS	B	0.19%
DELL	B	0.19%
HLI	A	0.19%
PEGA	B	0.19%
MMSI	A	0.18%
RSG	A	0.18%
DOV	A	0.18%
GWRE	A	0.18%
ATI	C	0.18%
ORLY	B	0.18%
RL	C	0.18%
SPG	A	0.18%
APH	A	0.18%
CRVL	B	0.18%
ARES	A	0.18%
TTEK	F	0.18%
ETN	A	0.18%
AMZN	C	0.18%
FRPT	A	0.18%
TXRH	B	0.18%
CACI	D	0.18%
AAPL	C	0.17%
ROL	B	0.17%
TKO	A	0.17%
MMC	B	0.17%
CBOE	C	0.17%
AZO	C	0.17%
ADC	A	0.17%
ANF	F	0.17%
ITT	A	0.17%
EHC	B	0.17%
IT	C	0.17%
KEX	B	0.17%
EXP	B	0.17%
IR	B	0.17%
DOCU	B	0.16%
HRB	D	0.16%
ROST	D	0.16%
NCLH	B	0.16%
BFAM	D	0.16%
FSS	B	0.16%
MCD	D	0.16%
VICI	C	0.16%
CBT	D	0.16%
BMI	B	0.16%
EPRT	B	0.16%
OTIS	C	0.16%
BWXT	B	0.15%
AWI	A	0.15%
KO	D	0.15%
BLD	D	0.15%
WSM	C	0.15%
AMGN	F	0.15%
AYI	B	0.15%
PLNT	A	0.15%
BRBR	A	0.15%
O	C	0.15%
RIVN	F	0.15%
EXR	C	0.15%
FFIV	B	0.14%
SCI	B	0.14%
S	B	0.14%
LLY	F	0.14%
IBP	D	0.14%
HOMB	A	0.14%
PRI	B	0.14%
ONB	C	0.14%
SMG	C	0.14%
DOCS	C	0.14%
FLS	B	0.14%
QCRH	B	0.14%
WULF	C	0.14%
LNTH	D	0.14%
CLH	C	0.13%
BDC	C	0.13%
REVG	C	0.13%
AXSM	B	0.13%
BOX	B	0.13%
CNS	B	0.13%
TW	A	0.13%
RYAN	A	0.13%
OLLI	D	0.12%
ADMA	B	0.12%
NYT	D	0.12%
WYNN	C	0.12%
ALLE	C	0.12%
DKS	D	0.12%
OHI	C	0.12%
DT	D	0.12%
AZEK	A	0.12%
WWD	C	0.12%
HALO	F	0.12%
MPWR	F	0.11%
DTM	A	0.11%
PRM	C	0.11%
LPLA	A	0.11%
RNA	C	0.11%
SATS	D	0.11%
ESAB	C	0.1%
GME	C	0.1%
AORT	B	0.1%
CRM	B	0.1%
WING	D	0.1%
RARE	F	0.1%
PCTY	C	0.1%
RVMD	C	0.1%
CRWD	B	0.1%
MTCH	D	0.1%
CBSH	B	0.1%
CCOI	B	0.1%
CRUS	D	0.1%
JANX	C	0.1%
MIRM	B	0.1%
CRAI	C	0.1%
MNKD	C	0.1%
CFR	B	0.1%
INSP	D	0.1%
REG	A	0.09%
EEFT	B	0.09%
CHDN	B	0.09%
AES	F	0.09%
ORA	B	0.09%
IRT	A	0.09%
RHP	B	0.09%
DBX	B	0.09%
WM	B	0.09%
CHD	A	0.09%
ATR	B	0.09%
MA	B	0.09%
PAYX	B	0.09%
GOOGL	C	0.09%
MKTX	D	0.09%
WDAY	B	0.09%
BRX	A	0.09%
MSGS	A	0.09%
ADP	A	0.09%
SYK	B	0.09%
WTTR	A	0.09%
DKNG	B	0.09%
MKL	A	0.09%
LITE	B	0.09%
AON	A	0.09%
CWST	A	0.09%
AXTA	B	0.09%
DLR	B	0.09%
GPN	B	0.09%
WTM	A	0.09%
ITCI	C	0.09%
FAST	B	0.09%
RLI	A	0.09%
NPAB	F	0.09%
CUBE	C	0.08%
BLBD	D	0.08%
SBAC	D	0.08%
AGNC	C	0.08%
MU	D	0.08%
LIN	C	0.08%
KMB	C	0.08%
GLPI	C	0.08%
QCOM	F	0.08%
LAMR	C	0.08%
GPK	C	0.08%
VITL	D	0.08%
GAP	C	0.08%
CPT	B	0.08%
BLKB	B	0.08%
PG	C	0.08%
WAT	C	0.08%
BPMC	B	0.08%
VRTX	D	0.08%
KNSL	B	0.08%
CROX	D	0.08%
MSCI	C	0.08%
AVB	B	0.08%
SEMR	C	0.08%
BCPC	B	0.08%
CMG	B	0.08%
ESS	B	0.08%
EQIX	A	0.08%
KRG	B	0.08%
ITW	B	0.08%
KLAC	F	0.07%
CWT	C	0.07%
AOS	F	0.07%
NRIX	C	0.07%
FND	D	0.07%
EXPO	D	0.07%
A	D	0.07%
FCN	F	0.07%
CCI	C	0.07%
COLL	F	0.07%
ZTS	D	0.07%
GTLS	A	0.06%
TNL	A	0.06%
LYFT	C	0.06%
BLFS	C	0.06%
ASPN	F	0.06%
NSA	C	0.06%
MTD	F	0.06%
AESI	B	0.05%
SXT	C	0.05%
JJSF	C	0.05%
CHH	A	0.05%
UMH	B	0.05%
TRMB	B	0.05%
LOPE	C	0.05%
GATX	A	0.05%
OCUL	D	0.05%
NTNX	B	0.05%
ARQT	B	0.05%
OWL	A	0.05%
MASI	B	0.05%
DAY	B	0.05%
KD	B	0.05%
PAYC	B	0.05%
NNN	C	0.04%
ELAN	D	0.04%
CHE	D	0.04%
MEDP	D	0.04%
EGP	D	0.04%
SSD	F	0.04%
FR	D	0.04%
HUMA	F	0.04%
IPAR	B	0.04%
ROIV	C	0.04%
NEU	D	0.04%
UDR	B	0.04%
CNM	D	0.04%
H	B	0.04%
EVH	F	0.04%
LNW	F	0.04%
AM	A	0.04%
ESI	B	0.04%
DCI	B	0.04%
RGLD	C	0.04%
EPR	C	0.04%
MORN	B	0.04%
MAIN	A	0.04%
NVAX	F	0.04%
RBC	A	0.04%
GOLF	B	0.04%
LCID	F	0.03%
SMPL	B	0.03%
ACAD	C	0.03%
BRKR	D	0.03%
U	C	0.03%
TGI	B	0.03%
TECH	F	0.03%
XPRO	D	0.02%
AZTA	D	0.02%
FOLD	F	0.02%
ARLO	C	0.02%
IRDM	D	0.02%
BXMT	C	0.02%
AWR	B	0.02%
WEN	D	0.02%
THR	B	0.02%
BL	B	0.02%

FAD Underweight 494 Positions Relative to BBSC

Symbol	Grade	Weight
LUMN	C	-0.54%
VNO	C	-0.45%
CNX	A	-0.37%
BCC	B	-0.35%
MATX	C	-0.35%
MC	C	-0.34%
HCP	B	-0.32%
UPST	B	-0.32%
ABCB	B	-0.29%
KRYS	C	-0.28%
RXO	D	-0.27%
MHO	D	-0.27%
TCBI	C	-0.26%
CNO	B	-0.26%
PLXS	B	-0.26%
ASB	B	-0.25%
AUB	B	-0.24%
FULT	A	-0.24%
KFY	B	-0.24%
GMS	B	-0.24%
NOG	B	-0.24%
UCB	A	-0.24%
TPH	D	-0.24%
CBU	B	-0.23%
CATY	B	-0.23%
ICUI	D	-0.23%
REZI	A	-0.23%
BROS	A	-0.23%
CVCO	A	-0.23%
EBC	B	-0.23%
W	D	-0.23%
HCC	B	-0.22%
WSFS	B	-0.22%
FHB	B	-0.22%
ABM	B	-0.22%
AXNX	A	-0.22%
WD	D	-0.22%
AEO	F	-0.21%
RDDT	A	-0.21%
HIW	C	-0.21%
RIOT	C	-0.21%
GEO	B	-0.21%
NPO	A	-0.21%
CXT	C	-0.2%
FIBK	B	-0.2%
GNW	A	-0.2%
GHC	B	-0.2%
VIRT	A	-0.19%
ALRM	C	-0.19%
DEI	B	-0.19%
CVBF	A	-0.19%
WAFD	B	-0.19%
BKU	A	-0.19%
NUVL	C	-0.19%
FRSH	B	-0.19%
IOSP	C	-0.19%
TGNA	B	-0.19%
SFNC	C	-0.19%
TDS	B	-0.19%
INDB	B	-0.19%
BOH	B	-0.19%
HUBG	A	-0.19%
PK	C	-0.19%
FORM	D	-0.19%
NCNO	C	-0.19%
SHOO	F	-0.19%
LIVN	F	-0.18%
UNF	B	-0.18%
ARCH	B	-0.18%
PATK	C	-0.18%
LCII	C	-0.18%
BBIO	F	-0.18%
AMED	F	-0.18%
AI	B	-0.18%
BNL	D	-0.18%
CWK	C	-0.18%
MGRC	B	-0.18%
ZD	B	-0.17%
PPBI	C	-0.17%
PFS	B	-0.17%
JOBY	B	-0.17%
LXP	D	-0.17%
BFH	C	-0.17%
HBI	B	-0.17%
UEC	B	-0.17%
FFBC	B	-0.17%
HTLF	B	-0.17%
LBRT	D	-0.17%
AKR	B	-0.16%
NARI	C	-0.16%
AIN	C	-0.16%
MYRG	B	-0.16%
BANR	B	-0.16%
SBCF	B	-0.16%
CCS	D	-0.16%
VSCO	C	-0.16%
SPB	C	-0.16%
FRME	B	-0.16%
RPD	B	-0.16%
WERN	C	-0.16%
VCEL	B	-0.16%
AMR	C	-0.16%
ABR	C	-0.16%
MTX	B	-0.16%
ARCB	C	-0.16%
SNEX	B	-0.16%
PRVA	C	-0.15%
NBTB	B	-0.15%
TFIN	B	-0.15%
PHIN	A	-0.15%
VSTO	A	-0.15%
AIR	B	-0.15%
CXW	C	-0.15%
AMBA	B	-0.15%
IDYA	F	-0.15%
KLIC	B	-0.15%
MTRN	C	-0.15%
TTMI	C	-0.15%
COMP	B	-0.15%
LAUR	A	-0.15%
TOWN	B	-0.15%
FROG	C	-0.15%
JWN	D	-0.15%
KMT	B	-0.14%
TRMK	C	-0.14%
BRZE	C	-0.14%
CNMD	C	-0.14%
MRCY	C	-0.14%
ROCK	C	-0.14%
EFSC	B	-0.14%
ENR	B	-0.14%
GRBK	D	-0.14%
LGIH	F	-0.14%
B	A	-0.14%
HAYW	B	-0.14%
VIAV	C	-0.14%
PSMT	D	-0.14%
RNST	B	-0.14%
IBTX	B	-0.14%
JBLU	F	-0.14%
IVT	A	-0.14%
FBK	C	-0.13%
SWTX	C	-0.13%
CASH	B	-0.13%
OI	C	-0.13%
KSS	F	-0.13%
GBX	A	-0.13%
GPOR	B	-0.13%
VERA	C	-0.13%
PRG	C	-0.13%
VYX	B	-0.13%
OFG	B	-0.13%
SHO	D	-0.13%
WSBC	B	-0.13%
EVTC	B	-0.13%
EXTR	C	-0.13%
URBN	C	-0.13%
KAR	B	-0.13%
EQC	B	-0.13%
NATL	B	-0.13%
OMCL	C	-0.13%
DYN	F	-0.13%
NMRK	C	-0.13%
ROIC	A	-0.13%
PLUS	F	-0.13%
UPWK	B	-0.12%
VSTS	C	-0.12%
LZB	B	-0.12%
RAMP	B	-0.12%
DRH	B	-0.12%
CABO	B	-0.12%
FBNC	B	-0.12%
SUPN	C	-0.12%
FCF	B	-0.12%
KOS	D	-0.12%
ALG	B	-0.12%
EWTX	C	-0.12%
DBRG	F	-0.12%
CRI	F	-0.12%
FL	F	-0.12%
STC	B	-0.12%
SASR	B	-0.11%
HE	C	-0.11%
ATRC	C	-0.11%
BHE	C	-0.11%
MLKN	F	-0.11%
QS	F	-0.11%
EPC	F	-0.11%
GO	C	-0.11%
WGO	C	-0.11%
DVAX	C	-0.11%
RKT	F	-0.11%
ROG	D	-0.11%
NWBI	B	-0.11%
CALX	D	-0.11%
PD	C	-0.11%
VSH	F	-0.11%
NGVT	B	-0.1%
TDOC	C	-0.1%
VRNT	C	-0.1%
TCBK	C	-0.1%
XHR	B	-0.1%
NTCT	C	-0.1%
BKE	B	-0.1%
DFIN	D	-0.1%
ANDE	D	-0.1%
NWN	A	-0.1%
VBTX	B	-0.1%
DNOW	B	-0.1%
AMWD	C	-0.1%
LEG	F	-0.1%
HELE	C	-0.1%
UCTT	D	-0.1%
CSGS	B	-0.1%
NIC	B	-0.1%
THS	D	-0.1%
SJW	F	-0.1%
IART	C	-0.1%
HOPE	C	-0.1%
PDCO	F	-0.1%
TRIP	F	-0.1%
UPBD	B	-0.1%
MQ	D	-0.1%
SONO	C	-0.1%
NVCR	C	-0.1%
LEVI	F	-0.1%
SMMT	D	-0.1%
STBA	B	-0.1%
SNDR	B	-0.1%
KROS	D	-0.1%
XNCR	B	-0.1%
CUBI	B	-0.1%
CENTA	C	-0.1%
FTRE	D	-0.1%
SCL	C	-0.1%
HLIO	B	-0.1%
VRTS	B	-0.1%
LOB	C	-0.1%
AKRO	B	-0.1%
LC	A	-0.1%
HMN	B	-0.1%
WKC	C	-0.1%
CWH	B	-0.09%
THRM	F	-0.09%
LNN	B	-0.09%
INFN	D	-0.09%
ZUO	B	-0.09%
ALEX	B	-0.09%
LADR	B	-0.09%
CODI	B	-0.09%
WS	C	-0.09%
SPT	C	-0.09%
SBH	C	-0.09%
SNDX	F	-0.09%
TALO	C	-0.09%
NTLA	F	-0.09%
SPNT	B	-0.09%
RXRX	F	-0.09%
GSAT	C	-0.09%
PEB	D	-0.09%
VRE	B	-0.09%
RLJ	C	-0.09%
PLAB	C	-0.09%
HTH	C	-0.09%
PLUG	F	-0.09%
INSW	F	-0.09%
BUSE	B	-0.09%
NNI	D	-0.09%
OXM	F	-0.08%
COHU	C	-0.08%
ALGT	B	-0.08%
PFBC	B	-0.08%
SCSC	C	-0.08%
DEA	D	-0.08%
WMK	C	-0.08%
VICR	C	-0.08%
XMTR	B	-0.08%
NAVI	F	-0.08%
ARVN	F	-0.08%
GIII	D	-0.08%
MD	C	-0.08%
SAFT	B	-0.08%
ASAN	B	-0.08%
FDP	B	-0.08%
VRDN	D	-0.08%
RVLV	A	-0.08%
NVEE	F	-0.08%
TROX	D	-0.08%
KALU	C	-0.08%
DCOM	B	-0.08%
JBGS	F	-0.08%
UVV	B	-0.08%
UNIT	B	-0.08%
BHLB	B	-0.08%
NX	C	-0.08%
EIG	B	-0.08%
FOXF	F	-0.08%
USPH	B	-0.08%
TRS	B	-0.07%
FA	C	-0.07%
IMKTA	C	-0.07%
CAL	F	-0.07%
ICHR	C	-0.07%
INVA	D	-0.07%
CBRL	C	-0.07%
SBSI	C	-0.07%
BLMN	F	-0.07%
PCT	C	-0.07%
MSGE	F	-0.07%
ERII	D	-0.07%
IMAX	B	-0.07%
DAN	D	-0.07%
EXPI	D	-0.07%
CSR	B	-0.07%
ARRY	F	-0.07%
EVRI	A	-0.07%
MCRI	A	-0.07%
KLG	B	-0.07%
AMSF	B	-0.07%
SDGR	C	-0.07%
BRKL	B	-0.07%
AUPH	B	-0.07%
KFRC	D	-0.07%
ATSG	B	-0.07%
ECPG	C	-0.07%
RC	D	-0.07%
DGII	C	-0.07%
CERT	F	-0.07%
WINA	C	-0.07%
UTZ	D	-0.07%
MXL	C	-0.07%
TLRY	F	-0.07%
ATEN	A	-0.07%
MSEX	C	-0.07%
CNNE	B	-0.07%
SAVA	C	-0.07%
PDM	D	-0.07%
ARI	C	-0.07%
OCFC	B	-0.07%
DK	C	-0.07%
SRCE	B	-0.07%
AVNS	F	-0.06%
HCSG	C	-0.06%
MNRO	D	-0.06%
JACK	C	-0.06%
SHLS	F	-0.06%
LGF.A	C	-0.06%
ODP	F	-0.06%
FSLY	D	-0.06%
USM	B	-0.06%
AMN	F	-0.06%
ATEC	C	-0.06%
CXM	C	-0.06%
PRLB	B	-0.06%
ESTA	D	-0.06%
PGRE	F	-0.06%
RWT	D	-0.06%
SAH	C	-0.06%
CTBI	B	-0.06%
DLX	B	-0.06%
PDFS	C	-0.06%
XRX	F	-0.06%
OEC	C	-0.06%
XPEL	B	-0.06%
GDYN	B	-0.06%
MRTN	D	-0.06%
MMI	C	-0.06%
PFC	B	-0.06%
OBK	C	-0.06%
PRO	C	-0.06%
OPEN	F	-0.06%
PARR	F	-0.06%
STAA	F	-0.06%
RCKT	F	-0.06%
MATW	C	-0.05%
CMTG	F	-0.05%
RYI	C	-0.05%
AXL	C	-0.05%
AMTB	B	-0.05%
BMBL	C	-0.05%
LILAK	D	-0.05%
AHCO	F	-0.05%
MGPI	F	-0.05%
HLF	C	-0.05%
GDEN	B	-0.05%
IBUY	B	-0.05%
UDMY	D	-0.05%
MCW	C	-0.05%
PCRX	C	-0.05%
VZIO	A	-0.05%
VTLE	C	-0.05%
TTGT	B	-0.05%
SSTK	F	-0.05%
NABL	F	-0.05%
FG	A	-0.05%
COUR	F	-0.05%
HSTM	B	-0.05%
ASIX	B	-0.05%
IE	C	-0.05%
VIR	D	-0.05%
RCUS	F	-0.05%
BRSP	C	-0.05%
CGON	F	-0.05%
JBI	F	-0.05%
MBUU	B	-0.05%
OMI	F	-0.05%
DAWN	D	-0.05%
ASTE	C	-0.05%
GRC	A	-0.05%
BSIG	A	-0.05%
CNXN	C	-0.05%
EYE	C	-0.05%
PRA	C	-0.05%
AMRC	F	-0.05%
ECVT	C	-0.05%
WNC	C	-0.05%
JELD	F	-0.05%
KURA	F	-0.05%
BDN	C	-0.05%
DNUT	F	-0.05%
ETWO	F	-0.04%
PRTA	F	-0.04%
MRVI	F	-0.04%
PLRX	D	-0.04%
RES	D	-0.04%
IRWD	F	-0.04%
AVO	C	-0.04%
PUMP	C	-0.04%
SCHL	F	-0.04%
SWBI	C	-0.04%
AMAL	B	-0.04%
FWRG	C	-0.04%
NEXT	C	-0.04%
VSAT	F	-0.04%
ZIP	D	-0.04%
SNCY	C	-0.04%
HTLD	C	-0.04%
CVI	F	-0.04%
FIGS	F	-0.04%
PTLO	F	-0.04%
RPAY	D	-0.04%
MATV	D	-0.04%
GPRE	F	-0.04%
NBR	C	-0.04%
RGR	F	-0.04%
MEG	F	-0.04%
IRON	B	-0.04%
BV	C	-0.04%
INDI	C	-0.04%
SHEN	F	-0.04%
SMP	C	-0.04%
CTKB	C	-0.04%
BJRI	C	-0.04%
NAPA	A	-0.04%
RBCAA	B	-0.04%
GRNT	B	-0.03%
IBTA	C	-0.03%
USNA	C	-0.03%
THRY	D	-0.03%
RGNX	D	-0.03%
WRLD	C	-0.03%
SVC	F	-0.03%
KELYA	F	-0.03%
BFS	C	-0.03%
PTVE	B	-0.03%
BGS	F	-0.03%
LESL	D	-0.03%
GES	F	-0.03%
HPP	F	-0.03%
OPK	C	-0.03%
DIN	C	-0.03%
HTZ	C	-0.03%
AGL	F	-0.03%
CLBK	C	-0.03%
GOGO	C	-0.03%
FOR	F	-0.03%
BOWL	C	-0.02%
NRC	F	-0.02%
SANA	F	-0.02%
CRSR	C	-0.02%
CTOS	B	-0.02%
CENT	C	-0.02%
TH	C	-0.02%
LGF.A	C	-0.02%
CBL	B	-0.02%
GIC	D	-0.02%
KIDS	D	-0.02%
FNA	B	-0.02%
MYE	F	-0.02%
ZNTL	F	-0.01%
LILA	D	-0.01%
DH	F	-0.01%
SAGE	F	-0.01%
RILY	F	-0.0%