IJR vs. QVMS ETF Comparison

Comparison of iShares Core S&P Small-Cap ETF (IJR) to Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS)

IJR

iShares Core S&P Small-Cap ETF

IJR Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P SmallCap 600® (the "underlying index"), which measures the performance of the small-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$123.53

Average Daily Volume

3,217,476

Number of Holdings ^*

601

* 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 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). 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 ® 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	IJR	QVMS
30 Days	7.84%	8.06%
60 Days	12.31%	12.76%
90 Days	12.71%	13.07%
12 Months	36.54%	37.22%

525 Overlapping Holdings

	Symbol	Grade	Weight in IJR	Weight in QVMS	Overlap
	AAP	F	0.16%	0.2%	0.16%
	AAT	B	0.1%	0.11%	0.1%
	ABCB	B	0.3%	0.34%	0.3%
	ABG	B	0.34%	0.42%	0.34%
	ABM	B	0.25%	0.31%	0.25%
	ABR	B	0.0%	0.23%	0.0%
	ACA	B	0.34%	0.39%	0.34%
	ACIW	A	0.39%	0.45%	0.39%
	ACLS	F	0.21%	0.26%	0.21%
	ADUS	D	0.17%	0.19%	0.17%
	AEIS	B	0.31%	0.36%	0.31%
	AEO	F	0.26%	0.32%	0.26%
	AGO	B	0.31%	0.37%	0.31%
	AGYS	C	0.17%	0.18%	0.17%
	AHCO	F	0.08%	0.07%	0.07%
	AHH	D	0.06%	0.06%	0.06%
	AIN	D	0.16%	0.2%	0.16%
	AIR	F	0.16%	0.16%	0.16%
	AKR	B	0.19%	0.2%	0.19%
	AL	B	0.35%	0.4%	0.35%
	ALEX	B	0.1%	0.11%	0.1%
	ALG	C	0.13%	0.15%	0.13%
	ALGT	C	0.07%	0.07%	0.07%
	ALK	B	0.46%	0.43%	0.43%
	ALKS	C	0.32%	0.38%	0.32%
	ALRM	C	0.2%	0.24%	0.2%
	AMBC	F	0.0%	0.04%	0.0%
	AMN	F	0.11%	0.15%	0.11%
	AMR	D	0.17%	0.24%	0.17%
	AMSF	B	0.08%	0.09%	0.08%
	AMWD	B	0.11%	0.13%	0.11%
	ANDE	D	0.11%	0.13%	0.11%
	ANIP	F	0.07%	0.08%	0.07%
	AORT	B	0.07%	0.09%	0.07%
	AOSL	F	0.06%	0.08%	0.06%
	APAM	B	0.0%	0.25%	0.0%
	APLE	B	0.25%	0.28%	0.25%
	APOG	B	0.12%	0.14%	0.12%
	ARCB	C	0.19%	0.21%	0.19%
	ARCH	B	0.2%	0.23%	0.2%
	ARI	F	0.09%	0.09%	0.09%
	ARLO	C	0.08%	0.09%	0.08%
	AROC	B	0.25%	0.26%	0.25%
	ASIX	B	0.06%	0.06%	0.06%
	ASO	F	0.28%	0.31%	0.28%
	ASTE	C	0.05%	0.06%	0.05%
	ASTH	B	0.17%	0.19%	0.17%
	ATEN	B	0.08%	0.09%	0.08%
	ATGE	A	0.23%	0.24%	0.23%
	ATI	D	0.49%	0.59%	0.49%
	AUB	B	0.0%	0.29%	0.0%
	AVA	D	0.22%	0.24%	0.22%
	AVAV	B	0.45%	0.54%	0.45%
	AVNS	F	0.06%	0.08%	0.06%
	AWI	A	0.46%	0.5%	0.46%
	AWR	C	0.23%	0.25%	0.23%
	AX	B	0.0%	0.3%	0.0%
	AXL	D	0.05%	0.06%	0.05%
	AZZ	C	0.17%	0.21%	0.17%
	B	B	0.16%	0.22%	0.16%
	BANF	B	0.16%	0.13%	0.13%
	BANR	B	0.0%	0.19%	0.0%
	BCC	B	0.39%	0.46%	0.39%
	BCPC	B	0.41%	0.47%	0.41%
	BDN	C	0.07%	0.07%	0.07%
	BFH	B	0.0%	0.25%	0.0%
	BFS	B	0.04%	0.04%	0.04%
	BGC	A	0.24%	0.31%	0.24%
	BGS	F	0.05%	0.06%	0.05%
	BHE	B	0.12%	0.14%	0.12%
	BHLB	B	0.0%	0.1%	0.0%
	BJRI	C	0.06%	0.07%	0.06%
	BKE	B	0.1%	0.1%	0.1%
	BKU	B	0.0%	0.23%	0.0%
	BL	C	0.22%	0.24%	0.22%
	BLFS	B	0.06%	0.08%	0.06%
	BLMN	D	0.09%	0.13%	0.09%
	BMI	C	0.44%	0.49%	0.44%
	BOH	B	0.0%	0.24%	0.0%
	BOOT	D	0.29%	0.28%	0.28%
	BRC	B	0.24%	0.26%	0.24%
	BRKL	B	0.07%	0.08%	0.07%
	BTU	B	0.25%	0.24%	0.24%
	BXMT	B	0.24%	0.26%	0.24%
	CABO	C	0.12%	0.14%	0.12%
	CAKE	B	0.16%	0.17%	0.16%
	CAL	F	0.08%	0.09%	0.08%
	CALM	B	0.27%	0.31%	0.27%
	CALX	F	0.16%	0.19%	0.16%
	CARG	B	0.2%	0.21%	0.2%
	CARS	D	0.07%	0.08%	0.07%
	CASH	B	0.0%	0.15%	0.0%
	CATY	B	0.0%	0.29%	0.0%
	CBRL	C	0.08%	0.09%	0.08%
	CBU	B	0.0%	0.28%	0.0%
	CCOI	B	0.26%	0.27%	0.26%
	CCS	F	0.18%	0.21%	0.18%
	CEIX	A	0.22%	0.26%	0.22%
	CENTA	D	0.11%	0.16%	0.11%
	CENX	B	0.07%	0.08%	0.07%
	CERT	F	0.08%	0.1%	0.08%
	CEVA	B	0.04%	0.05%	0.04%
	CFFN	B	0.06%	0.07%	0.06%
	CHCO	B	0.0%	0.15%	0.0%
	CHEF	C	0.1%	0.13%	0.1%
	CLB	C	0.07%	0.09%	0.07%
	CLW	F	0.03%	0.04%	0.03%
	CMA	B	0.64%	0.67%	0.64%
	CNK	A	0.24%	0.24%	0.24%
	CNMD	C	0.16%	0.16%	0.16%
	CNS	B	0.2%	0.21%	0.2%
	CNXN	C	0.06%	0.06%	0.06%
	COHU	C	0.09%	0.11%	0.09%
	COLL	F	0.08%	0.1%	0.08%
	COOP	B	0.43%	0.5%	0.43%
	CORT	B	0.34%	0.35%	0.34%
	CPF	B	0.0%	0.06%	0.0%
	CPK	C	0.2%	0.21%	0.2%
	CPRX	B	0.18%	0.2%	0.18%
	CRC	B	0.27%	0.29%	0.27%
	CRK	A	0.08%	0.1%	0.08%
	CRS	B	0.56%	0.69%	0.56%
	CRSR	D	0.02%	0.03%	0.02%
	CRVL	B	0.2%	0.24%	0.2%
	CSGS	B	0.1%	0.12%	0.1%
	CSR	C	0.08%	0.08%	0.08%
	CTKB	C	0.04%	0.04%	0.04%
	CTRE	C	0.38%	0.36%	0.36%
	CTS	B	0.11%	0.13%	0.11%
	CUBI	C	0.1%	0.11%	0.1%
	CVBF	B	0.19%	0.22%	0.19%
	CVCO	B	0.25%	0.26%	0.25%
	CVI	F	0.04%	0.05%	0.04%
	CWEN	D	0.07%	0.24%	0.07%
	CWEN	D	0.18%	0.24%	0.18%
	CWK	B	0.16%	0.21%	0.16%
	CWT	D	0.23%	0.25%	0.23%
	CXM	D	0.07%	0.09%	0.07%
	CXW	B	0.11%	0.14%	0.11%
	DAN	F	0.07%	0.13%	0.07%
	DCOM	B	0.08%	0.09%	0.08%
	DEA	C	0.1%	0.11%	0.1%
	DEI	B	0.0%	0.24%	0.0%
	DFIN	F	0.12%	0.13%	0.12%
	DGII	B	0.08%	0.1%	0.08%
	DIOD	D	0.2%	0.27%	0.2%
	DLX	B	0.06%	0.07%	0.06%
	DNOW	C	0.1%	0.11%	0.1%
	DORM	B	0.23%	0.27%	0.23%
	DRH	B	0.13%	0.16%	0.13%
	DXC	B	0.27%	0.3%	0.27%
	DXPE	B	0.05%	0.06%	0.05%
	DY	D	0.38%	0.4%	0.38%
	EAT	B	0.34%	0.35%	0.34%
	EFC	D	0.08%	0.08%	0.08%
	EGBN	B	0.06%	0.07%	0.06%
	EIG	B	0.0%	0.1%	0.0%
	ELME	D	0.11%	0.12%	0.11%
	ENR	B	0.16%	0.19%	0.16%
	ENV	C	0.0%	0.25%	0.0%
	ENVA	B	0.17%	0.21%	0.17%
	EPAC	B	0.18%	0.2%	0.18%
	EPC	D	0.13%	0.16%	0.13%
	EPRT	D	0.42%	0.45%	0.42%
	ESE	B	0.25%	0.27%	0.25%
	ETD	F	0.05%	0.06%	0.05%
	EVTC	D	0.16%	0.17%	0.16%
	EXPI	C	0.09%	0.07%	0.07%
	EYE	D	0.06%	0.06%	0.06%
	EZPW	B	0.05%	0.05%	0.05%
	FBK	B	0.13%	0.15%	0.13%
	FBNC	B	0.13%	0.14%	0.13%
	FBP	C	0.0%	0.28%	0.0%
	FBRT	B	0.08%	0.09%	0.08%
	FCF	B	0.13%	0.15%	0.13%
	FCPT	D	0.19%	0.2%	0.19%
	FDP	B	0.08%	0.08%	0.08%
	FELE	C	0.28%	0.33%	0.28%
	FFBC	B	0.0%	0.21%	0.0%
	FHB	B	0.24%	0.27%	0.24%
	FIZZ	B	0.08%	0.08%	0.08%
	FL	F	0.14%	0.19%	0.14%
	FLGT	C	0.03%	0.03%	0.03%
	FORM	F	0.22%	0.31%	0.22%
	FSS	D	0.38%	0.46%	0.38%
	FTDR	B	0.29%	0.31%	0.29%
	FTRE	F	0.11%	0.14%	0.11%
	FUL	D	0.3%	0.35%	0.3%
	FULT	B	0.0%	0.29%	0.0%
	GBX	B	0.14%	0.16%	0.14%
	GDEN	F	0.05%	0.05%	0.05%
	GDOT	B	0.0%	0.04%	0.0%
	GEO	A	0.16%	0.19%	0.16%
	GES	F	0.04%	0.04%	0.04%
	GFF	C	0.19%	0.2%	0.19%
	GIII	B	0.09%	0.09%	0.09%
	GKOS	B	0.55%	0.59%	0.55%
	GMS	B	0.27%	0.3%	0.27%
	GNL	D	0.0%	0.12%	0.0%
	GNW	C	0.0%	0.25%	0.0%
	GO	D	0.11%	0.15%	0.11%
	GOGO	C	0.03%	0.03%	0.03%
	GPI	B	0.36%	0.41%	0.36%
	GPRE	F	0.06%	0.07%	0.06%
	GRBK	D	0.16%	0.16%	0.16%
	GSHD	B	0.2%	0.23%	0.2%
	GTES	B	0.33%	0.32%	0.32%
	GTY	C	0.12%	0.13%	0.12%
	GVA	B	0.28%	0.3%	0.28%
	HAFC	B	0.05%	0.06%	0.05%
	HAIN	D	0.06%	0.06%	0.06%
	HASI	C	0.31%	0.3%	0.3%
	HAYN	A	0.06%	0.06%	0.06%
	HAYW	B	0.17%	0.17%	0.17%
	HBI	B	0.18%	0.21%	0.18%
	HCC	A	0.0%	0.3%	0.0%
	HCI	B	0.07%	0.07%	0.07%
	HCSG	B	0.06%	0.07%	0.06%
	HFWA	B	0.06%	0.07%	0.06%
	HI	C	0.15%	0.19%	0.15%
	HIW	C	0.27%	0.29%	0.27%
	HLIT	F	0.1%	0.11%	0.1%
	HLX	D	0.1%	0.13%	0.1%
	HMN	B	0.0%	0.13%	0.0%
	HNI	B	0.18%	0.2%	0.18%
	HOPE	B	0.11%	0.13%	0.11%
	HP	C	0.25%	0.28%	0.25%
	HPP	F	0.05%	0.05%	0.05%
	HRMY	D	0.07%	0.1%	0.07%
	HSII	B	0.06%	0.07%	0.06%
	HSTM	A	0.05%	0.06%	0.05%
	HTH	C	0.11%	0.12%	0.11%
	HTLD	C	0.04%	0.04%	0.04%
	HTZ	F	0.03%	0.03%	0.03%
	HUBG	B	0.2%	0.23%	0.2%
	HWKN	D	0.15%	0.2%	0.15%
	HZO	C	0.04%	0.05%	0.04%
	IAC	C	0.26%	0.3%	0.26%
	IART	C	0.09%	0.12%	0.09%
	IBP	F	0.38%	0.44%	0.38%
	IBTX	B	0.16%	0.18%	0.16%
	ICHR	C	0.07%	0.08%	0.07%
	ICUI	C	0.31%	0.28%	0.28%
	IDCC	A	0.29%	0.31%	0.29%
	IIIN	F	0.04%	0.05%	0.04%
	IIPR	D	0.28%	0.3%	0.28%
	INDB	B	0.0%	0.23%	0.0%
	INN	D	0.05%	0.06%	0.05%
	INVA	B	0.08%	0.09%	0.08%
	IOSP	B	0.2%	0.24%	0.2%
	IPAR	C	0.16%	0.2%	0.16%
	ITGR	A	0.31%	0.36%	0.31%
	ITRI	A	0.38%	0.39%	0.38%
	JBGS	D	0.11%	0.12%	0.11%
	JBLU	F	0.13%	0.15%	0.13%
	JBSS	F	0.06%	0.07%	0.06%
	JBT	B	0.27%	0.31%	0.27%
	JJSF	B	0.19%	0.22%	0.19%
	JOE	F	0.15%	0.15%	0.15%
	JXN	B	0.2%	0.62%	0.2%
	KALU	C	0.09%	0.1%	0.09%
	KAR	B	0.13%	0.16%	0.13%
	KELYA	F	0.05%	0.05%	0.05%
	KFY	B	0.28%	0.31%	0.28%
	KLG	C	0.08%	0.08%	0.08%
	KLIC	C	0.18%	0.23%	0.18%
	KMT	B	0.15%	0.17%	0.15%
	KN	B	0.12%	0.14%	0.12%
	KOP	D	0.05%	0.06%	0.05%
	KREF	C	0.05%	0.05%	0.05%
	KRYS	C	0.33%	0.34%	0.33%
	KSS	F	0.15%	0.17%	0.15%
	KTB	A	0.32%	0.32%	0.32%
	KWR	D	0.16%	0.18%	0.16%
	LBRT	F	0.21%	0.23%	0.21%
	LCII	D	0.21%	0.25%	0.21%
	LGIH	D	0.16%	0.17%	0.16%
	LGND	A	0.15%	0.16%	0.15%
	LKFN	B	0.12%	0.14%	0.12%
	LMAT	B	0.14%	0.15%	0.14%
	LNC	B	0.0%	0.5%	0.0%
	LNN	B	0.1%	0.11%	0.1%
	LPG	F	0.08%	0.09%	0.08%
	LQDT	B	0.04%	0.04%	0.04%
	LRN	A	0.3%	0.31%	0.3%
	LTC	B	0.13%	0.13%	0.13%
	LXP	D	0.21%	0.23%	0.21%
	LZB	C	0.12%	0.13%	0.12%
	MAC	B	0.31%	0.32%	0.31%
	MARA	C	0.37%	0.43%	0.37%
	MATV	F	0.06%	0.07%	0.06%
	MATW	C	0.05%	0.06%	0.05%
	MATX	B	0.39%	0.4%	0.39%
	MC	B	0.0%	0.4%	0.0%
	MCRI	B	0.08%	0.08%	0.08%
	MCW	B	0.05%	0.05%	0.05%
	MCY	B	0.14%	0.17%	0.14%
	MD	B	0.08%	0.09%	0.08%
	MGEE	A	0.25%	0.26%	0.25%
	MGPI	F	0.05%	0.08%	0.05%
	MGY	B	0.36%	0.4%	0.36%
	MHO	C	0.31%	0.35%	0.31%
	MLAB	D	0.05%	0.05%	0.05%
	MLI	B	0.7%	0.81%	0.7%
	MLKN	F	0.12%	0.15%	0.12%
	MMI	B	0.07%	0.08%	0.07%
	MMSI	A	0.43%	0.44%	0.43%
	MNRO	B	0.06%	0.07%	0.06%
	MODG	F	0.1%	0.12%	0.1%
	MOG.A	B	0.41%	0.47%	0.41%
	MPW	D	0.21%	0.21%	0.21%
	MRCY	C	0.12%	0.15%	0.12%
	MRTN	C	0.07%	0.07%	0.07%
	MSEX	B	0.08%	0.09%	0.08%
	MTH	D	0.5%	0.54%	0.5%
	MTRN	C	0.16%	0.2%	0.16%
	MTUS	D	0.04%	0.05%	0.04%
	MTX	B	0.18%	0.21%	0.18%
	MYE	F	0.03%	0.04%	0.03%
	MYGN	F	0.15%	0.17%	0.15%
	MYRG	C	0.16%	0.17%	0.16%
	NABL	F	0.06%	0.07%	0.06%
	NAVI	F	0.08%	0.11%	0.08%
	NBHC	B	0.0%	0.15%	0.0%
	NBR	C	0.05%	0.06%	0.05%
	NBTB	B	0.0%	0.19%	0.0%
	NEO	C	0.13%	0.14%	0.13%
	NHC	C	0.11%	0.15%	0.11%
	NMIH	D	0.23%	0.26%	0.23%
	NOG	B	0.27%	0.31%	0.27%
	NPK	D	0.03%	0.03%	0.03%
	NPO	C	0.23%	0.27%	0.23%
	NSIT	F	0.37%	0.51%	0.37%
	NTCT	B	0.11%	0.14%	0.11%
	NVEE	B	0.09%	0.1%	0.09%
	NVRI	F	0.05%	0.08%	0.05%
	NWBI	B	0.0%	0.15%	0.0%
	NWL	B	0.28%	0.27%	0.27%
	NWN	C	0.11%	0.13%	0.11%
	NX	C	0.1%	0.11%	0.1%
	NXRT	C	0.07%	0.08%	0.07%
	ODP	F	0.08%	0.09%	0.08%
	OFG	C	0.0%	0.16%	0.0%
	OGN	F	0.36%	0.4%	0.36%
	OI	D	0.13%	0.16%	0.13%
	OII	B	0.19%	0.24%	0.19%
	OMI	F	0.07%	0.08%	0.07%
	OSIS	C	0.16%	0.18%	0.16%
	OTTR	C	0.25%	0.3%	0.25%
	OXM	F	0.08%	0.09%	0.08%
	PAHC	B	0.04%	0.04%	0.04%
	PARR	F	0.0%	0.08%	0.0%
	PATK	D	0.21%	0.23%	0.21%
	PAYO	A	0.0%	0.18%	0.0%
	PBH	B	0.28%	0.31%	0.28%
	PCRX	D	0.06%	0.08%	0.06%
	PDCO	C	0.12%	0.15%	0.12%
	PEB	D	0.11%	0.13%	0.11%
	PECO	B	0.35%	0.36%	0.35%
	PENN	C	0.22%	0.26%	0.22%
	PFBC	B	0.0%	0.09%	0.0%
	PFS	B	0.0%	0.21%	0.0%
	PHIN	B	0.15%	0.18%	0.15%
	PINC	B	0.16%	0.17%	0.16%
	PIPR	B	0.34%	0.38%	0.34%
	PJT	B	0.25%	0.25%	0.25%
	PLAB	C	0.11%	0.14%	0.11%
	PLAY	C	0.09%	0.1%	0.09%
	PLMR	C	0.18%	0.2%	0.18%
	PLUS	C	0.18%	0.23%	0.18%
	PLXS	B	0.3%	0.33%	0.3%
	PMT	D	0.09%	0.1%	0.09%
	POWL	B	0.18%	0.2%	0.18%
	PPBI	B	0.0%	0.22%	0.0%
	PRA	B	0.06%	0.06%	0.06%
	PRAA	C	0.06%	0.07%	0.06%
	PRDO	B	0.0%	0.12%	0.0%
	PRG	C	0.14%	0.16%	0.14%
	PRGS	A	0.21%	0.23%	0.21%
	PRK	B	0.19%	0.22%	0.19%
	PRLB	B	0.05%	0.06%	0.05%
	PRVA	B	0.14%	0.16%	0.14%
	PSMT	C	0.16%	0.19%	0.16%
	PTEN	D	0.21%	0.22%	0.21%
	PTGX	B	0.2%	0.22%	0.2%
	PUMP	D	0.04%	0.05%	0.04%
	QNST	C	0.09%	0.08%	0.08%
	RAMP	C	0.13%	0.14%	0.13%
	RC	F	0.09%	0.09%	0.09%
	RCUS	D	0.06%	0.07%	0.06%
	RDN	D	0.18%	0.45%	0.18%
	RDNT	B	0.0%	0.38%	0.0%
	RES	F	0.04%	0.04%	0.04%
	REX	C	0.05%	0.06%	0.05%
	REZI	B	0.22%	0.26%	0.22%
	RGNX	D	0.03%	0.03%	0.03%
	RGR	F	0.05%	0.06%	0.05%
	RHI	B	0.52%	0.58%	0.52%
	RNST	B	0.0%	0.19%	0.0%
	ROCK	D	0.16%	0.17%	0.16%
	ROG	C	0.13%	0.15%	0.13%
	ROIC	A	0.15%	0.16%	0.15%
	RUSHA	B	0.26%	0.3%	0.26%
	RWT	D	0.07%	0.08%	0.07%
	RXO	C	0.29%	0.3%	0.29%
	SAFT	C	0.09%	0.1%	0.09%
	SAH	B	0.06%	0.08%	0.06%
	SANM	B	0.29%	0.33%	0.29%
	SATS	C	0.23%	0.2%	0.2%
	SBCF	B	0.0%	0.19%	0.0%
	SBH	C	0.1%	0.12%	0.1%
	SBSI	C	0.07%	0.08%	0.07%
	SCHL	F	0.05%	0.05%	0.05%
	SCL	D	0.12%	0.14%	0.12%
	SCSC	C	0.07%	0.1%	0.07%
	SCVL	D	0.05%	0.05%	0.05%
	SEE	C	0.0%	0.44%	0.0%
	SEM	B	0.25%	0.3%	0.25%
	SFBS	B	0.31%	0.36%	0.31%
	SFNC	B	0.0%	0.25%	0.0%
	SHAK	B	0.37%	0.34%	0.34%
	SHEN	F	0.05%	0.06%	0.05%
	SHO	B	0.16%	0.18%	0.16%
	SHOO	D	0.25%	0.26%	0.25%
	SIG	B	0.31%	0.36%	0.31%
	SITM	A	0.24%	0.27%	0.24%
	SJW	F	0.12%	0.14%	0.12%
	SKT	A	0.27%	0.29%	0.27%
	SKYW	B	0.29%	0.32%	0.29%
	SLG	A	0.37%	0.4%	0.37%
	SLP	F	0.03%	0.04%	0.03%
	SLVM	B	0.22%	0.25%	0.22%
	SM	C	0.36%	0.45%	0.36%
	SMP	C	0.05%	0.04%	0.04%
	SMPL	C	0.23%	0.23%	0.23%
	SNCY	C	0.04%	0.04%	0.04%
	SNDR	B	0.1%	0.08%	0.08%
	SNEX	B	0.19%	0.21%	0.19%
	SONO	C	0.11%	0.14%	0.11%
	SPNT	D	0.1%	0.11%	0.1%
	SPSC	F	0.46%	0.54%	0.46%
	SPTN	F	0.05%	0.06%	0.05%
	SSTK	D	0.06%	0.07%	0.06%
	STAA	F	0.11%	0.13%	0.11%
	STBA	C	0.0%	0.12%	0.0%
	STC	D	0.0%	0.16%	0.0%
	STEP	B	0.28%	0.27%	0.27%
	STRA	D	0.16%	0.16%	0.16%
	SUPN	B	0.14%	0.17%	0.14%
	SVC	F	0.04%	0.05%	0.04%
	SWI	B	0.05%	0.05%	0.05%
	SXC	B	0.07%	0.07%	0.07%
	SXI	B	0.16%	0.19%	0.16%
	SXT	B	0.24%	0.28%	0.24%
	TALO	D	0.1%	0.13%	0.1%
	TBBK	C	0.0%	0.23%	0.0%
	TDS	B	0.22%	0.24%	0.22%
	TDW	F	0.0%	0.29%	0.0%
	TFIN	B	0.15%	0.17%	0.15%
	THRM	F	0.1%	0.12%	0.1%
	THRY	F	0.04%	0.05%	0.04%
	THS	F	0.13%	0.14%	0.13%
	TILE	B	0.08%	0.09%	0.08%
	TMP	B	0.06%	0.07%	0.06%
	TNC	F	0.12%	0.15%	0.12%
	TPH	D	0.29%	0.33%	0.29%
	TR	C	0.04%	0.04%	0.04%
	TRIP	D	0.13%	0.15%	0.13%
	TRMK	B	0.0%	0.18%	0.0%
	TRN	B	0.21%	0.25%	0.21%
	TRST	B	0.05%	0.05%	0.05%
	TRUP	C	0.14%	0.16%	0.14%
	TTMI	A	0.17%	0.17%	0.17%
	TWI	F	0.02%	0.03%	0.02%
	UCB	B	0.0%	0.29%	0.0%
	UCTT	D	0.11%	0.14%	0.11%
	UE	B	0.2%	0.21%	0.2%
	UFCS	B	0.03%	0.03%	0.03%
	UFPT	C	0.15%	0.18%	0.15%
	UHT	D	0.04%	0.04%	0.04%
	UNF	C	0.2%	0.23%	0.2%
	UNFI	B	0.09%	0.1%	0.09%
	UPBD	C	0.11%	0.11%	0.11%
	URBN	D	0.15%	0.17%	0.15%
	USNA	C	0.03%	0.04%	0.03%
	USPH	C	0.09%	0.1%	0.09%
	UTL	D	0.07%	0.08%	0.07%
	UVV	C	0.09%	0.1%	0.09%
	VBTX	B	0.11%	0.13%	0.11%
	VCEL	B	0.16%	0.21%	0.16%
	VECO	F	0.12%	0.16%	0.12%
	VFC	B	0.52%	0.59%	0.52%
	VIAV	B	0.15%	0.17%	0.15%
	VICR	B	0.08%	0.09%	0.08%
	VIRT	B	0.19%	0.22%	0.19%
	VRRM	F	0.32%	0.36%	0.32%
	VRTS	B	0.11%	0.13%	0.11%
	VSAT	F	0.06%	0.06%	0.06%
	VSCO	A	0.18%	0.2%	0.18%
	VSTO	A	0.19%	0.21%	0.19%
	VSTS	F	0.12%	0.14%	0.12%
	VTLE	D	0.06%	0.07%	0.06%
	VTOL	C	0.06%	0.08%	0.06%
	VVI	B	0.06%	0.07%	0.06%
	WABC	B	0.1%	0.12%	0.1%
	WAFD	C	0.0%	0.19%	0.0%
	WD	B	0.26%	0.31%	0.26%
	WDFC	B	0.27%	0.3%	0.27%
	WERN	B	0.17%	0.2%	0.17%
	WGO	C	0.12%	0.15%	0.12%
	WHD	B	0.3%	0.33%	0.3%
	WKC	D	0.12%	0.13%	0.12%
	WNC	D	0.06%	0.07%	0.06%
	WOR	D	0.09%	0.1%	0.09%
	WRLD	C	0.03%	0.03%	0.03%
	WS	B	0.1%	0.11%	0.1%
	WSFS	B	0.0%	0.26%	0.0%
	WSR	B	0.05%	0.05%	0.05%
	WT	B	0.09%	0.1%	0.09%
	WWW	A	0.09%	0.1%	0.09%
	XHR	B	0.11%	0.13%	0.11%
	XNCR	C	0.1%	0.09%	0.09%
	XPEL	D	0.07%	0.07%	0.07%
	XRX	F	0.07%	0.09%	0.07%
	YELP	C	0.17%	0.19%	0.17%

IJR Overweight 76 Positions Relative to QVMS

	Symbol	Grade	Weight
	SPXC	C	0.5%
	BBWI	C	0.48%
	INSP	D	0.44%
	CSWI	A	0.44%
	MDU	F	0.44%
	ETSY	D	0.44%
	ZWS	B	0.39%
	BOX	B	0.35%
	PI	C	0.33%
	ADMA	C	0.29%
	FUN	C	0.28%
	MSGS	A	0.28%
	HIMS	B	0.27%
	YOU	D	0.26%
	SMTC	A	0.25%
	TGTX	B	0.25%
	RUN	F	0.24%
	TGNA	B	0.21%
	TMDX	F	0.21%
	OUT	C	0.19%
	DOCN	D	0.19%
	DV	D	0.18%
	NARI	C	0.18%
	QDEL	F	0.17%
	MP	B	0.17%
	OMCL	B	0.17%
	MBC	D	0.17%
	ZD	C	0.16%
	BANC	B	0.16%
	CURB	C	0.16%
	WLY	B	0.15%
	TNDM	F	0.15%
	VYX	C	0.14%
	NATL	C	0.14%
	CRGY	A	0.14%
	AMPH	D	0.14%
	WOLF	F	0.13%
	ADNT	F	0.13%
	PZZA	C	0.13%
	NGVT	C	0.12%
	LEG	F	0.12%
	DVAX	C	0.11%
	HELE	D	0.11%
	FOXF	F	0.11%
	KW	B	0.1%
	STEL	B	0.1%
	VRE	B	0.1%
	ADEA	A	0.1%
	PGNY	F	0.09%
	TWO	F	0.09%
	SABR	C	0.09%
	UNIT	B	0.09%
	ECPG	B	0.08%
	PDFS	D	0.07%
	ARR	D	0.07%
	JACK	D	0.07%
	SDGR	D	0.07%
	SEDG	F	0.07%
	SAFE	F	0.07%
	MXL	C	0.07%
	BSIG	B	0.06%
	TTGT	C	0.06%
	SITC	F	0.06%
	EMBC	C	0.06%
	FWRD	C	0.05%
	VIR	C	0.05%
	LESL	D	0.04%
	INVX	D	0.04%
	NYMT	F	0.04%
	IRWD	D	0.04%
	CNSL	A	0.03%
	CENT	D	0.02%
	TGI	C	0.0%
	PBI	A	0.0%
	EXTR	B	0.0%
	LUMN	B	0.0%

IJR Underweight 0 Positions Relative to QVMS

	Symbol	Grade	Weight

IJR: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology REIT - Diversified Diversified Industrials Software - Application Oil & Gas Equipment & Services Packaged Foods REIT - Retail Specialty Chemicals Asset Management Medical Devices Software - Infrastructure Auto Parts Insurance - Property & Casualty Oil & Gas E&P Restaurants Specialty Retail Building Materials Communication Equipment Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Chemical Real Estate Loans Aerospace Clothing Mortgage Loan Insurance Commercial Bank Mining Semiconductor Transport Commercial Banking Investment Management Retail Store Construction

QVMS: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Diversified Industrials Oil & Gas Equipment & Services Packaged Foods REIT - Retail Specialty Chemicals Insurance - Property & Casualty Asset Management Auto Parts Oil & Gas E&P REIT - Hotel & Motel Software - Application Specialty Retail Building Materials Communication Equipment Credit Services Electronic Components Medical Instruments & Supplies

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Real Estate Loans Clothing Computing Aerospace Chemical Insurance Commercial Bank Commercial Banking Mining Mortgage Loan Retail Store Semiconductor Transport Fashion Construction