ISCV vs. SMLV ETF Comparison

Comparison of iShares Morningstar Small-Cap Value ETF (ISCV) to SPDR Russell 2000 Low Volatility (SMLV)

ISCV

iShares Morningstar Small-Cap Value ETF

ISCV Description

The investment seeks to track the investment results of the Morningstar US Small Cap Broad Value Extended IndexSM composed of small-capitalization U.S. equities that exhibit value characteristics. 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. The underlying index measures the performance of stocks issued by small-capitalization companies that have exhibited above-average value characteristics as determined by Morningstar, Inc.âs (Morningstar or the index provider) proprietary index methodology

Grade (RS Rating)

Last Trade

$64.15

Average Daily Volume

9,908

Number of Holdings ^*

1120

* may have additional holdings in another (foreign) market

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.09

Average Daily Volume

11,423

Number of Holdings ^*

403

* may have additional holdings in another (foreign) market

Performance

Period	ISCV	SMLV
30 Days	5.35%	6.59%
60 Days	4.24%	5.54%
90 Days	11.71%	19.73%
12 Months	22.93%	30.08%

244 Overlapping Holdings

Symbol	Grade	Weight in ISCV	Weight in SMLV	Overlap
AAP	F	1.0%	0.03%	0.03%
ABM	D	1.0%	0.08%	0.08%
ACIW	B	1.0%	0.1%	0.1%
AEIS	D	1.0%	0.05%	0.05%
AGIO	C	1.0%	0.05%	0.05%
AGM	D	1.0%	0.83%	0.83%
AGX	B	1.0%	0.25%	0.25%
AHH	B	1.0%	0.1%	0.1%
AIN	D	1.0%	0.06%	0.06%
ALKS	C	1.0%	0.05%	0.05%
AMED	C	1.0%	0.06%	0.06%
AMN	F	1.0%	0.05%	0.05%
AMSF	C	1.0%	0.67%	0.67%
APOG	B	1.0%	0.07%	0.07%
ARCH	F	1.0%	0.05%	0.05%
ARKO	C	1.0%	0.13%	0.13%
AROC	D	1.0%	0.1%	0.1%
ASGN	D	1.0%	0.05%	0.05%
ASH	D	1.0%	0.11%	0.11%
AVNS	B	1.0%	0.07%	0.07%
AVT	C	1.0%	0.08%	0.08%
AZZ	D	1.0%	0.08%	0.08%
BBSI	B	1.0%	0.08%	0.08%
BFC	B	1.0%	0.59%	0.59%
BFS	B	1.0%	0.1%	0.1%
BHE	D	1.0%	0.11%	0.11%
BKH	B	1.0%	0.22%	0.22%
BLKB	C	1.0%	0.09%	0.09%
BNL	B	1.0%	0.15%	0.15%
BOWL	F	1.0%	0.05%	0.05%
BRC	C	1.0%	0.15%	0.15%
BRKL	C	1.0%	0.63%	0.63%
BUSE	C	1.0%	1.04%	1.0%
CABO	F	1.0%	0.06%	0.06%
CACC	F	1.0%	0.07%	0.07%
CALM	A	1.0%	0.13%	0.13%
CASS	C	1.0%	0.1%	0.1%
CBRL	D	1.0%	0.03%	0.03%
CBU	C	1.0%	1.55%	1.0%
CCOI	C	1.0%	0.1%	0.1%
CENT	F	1.0%	0.07%	0.07%
CFFN	D	1.0%	0.53%	0.53%
CHCO	B	1.0%	1.23%	1.0%
CHCT	F	1.0%	0.09%	0.09%
CMCO	F	1.0%	0.05%	0.05%
CNNE	D	1.0%	0.07%	0.07%
CNO	B	1.0%	1.07%	1.0%
CNXC	F	1.0%	0.06%	0.06%
COLM	C	1.0%	0.13%	0.13%
CORT	C	1.0%	0.06%	0.06%
CPK	B	1.0%	0.22%	0.22%
CRC	C	1.0%	0.08%	0.08%
CRI	D	1.0%	0.07%	0.07%
CSGS	C	1.0%	0.12%	0.12%
CSR	B	1.0%	0.15%	0.15%
CTBI	B	1.0%	0.62%	0.62%
CTRE	C	1.0%	0.13%	0.13%
CUZ	B	1.0%	0.11%	0.11%
DEA	B	1.0%	0.19%	0.19%
DEI	B	1.0%	0.1%	0.1%
DK	F	1.0%	0.06%	0.06%
DNB	C	1.0%	0.09%	0.09%
DORM	B	1.0%	0.11%	0.11%
EBF	B	1.0%	0.3%	0.3%
ECVT	F	1.0%	0.05%	0.05%
EFSC	B	1.0%	1.03%	1.0%
EIG	C	1.0%	0.87%	0.87%
ENS	D	1.0%	0.08%	0.08%
EQC	C	1.0%	0.74%	0.74%
ESGR	D	1.0%	1.26%	1.0%
EVTC	D	1.0%	0.7%	0.7%
FBMS	B	1.0%	0.65%	0.65%
FCBC	A	1.0%	0.48%	0.48%
FCF	C	1.0%	1.0%	1.0%
FCPT	C	1.0%	0.14%	0.14%
FFIN	B	1.0%	1.15%	1.0%
FLO	C	1.0%	0.31%	0.31%
FMBH	B	1.0%	0.59%	0.59%
FPI	D	1.0%	0.08%	0.08%
FTDR	B	1.0%	0.11%	0.11%
FUL	C	1.0%	0.07%	0.07%
FULT	D	1.0%	0.92%	0.92%
GABC	C	1.0%	0.8%	0.8%
GATX	D	1.0%	0.13%	0.13%
GBCI	B	1.0%	0.86%	0.86%
GEF	D	1.0%	0.12%	0.12%
GEF	D	1.0%	0.12%	0.12%
GHC	B	1.0%	0.1%	0.1%
GMRE	C	1.0%	0.1%	0.1%
GOOD	B	1.0%	0.13%	0.13%
GPI	B	1.0%	0.06%	0.06%
GPOR	D	1.0%	0.15%	0.15%
GSBC	D	1.0%	0.37%	0.37%
GTY	B	1.0%	0.19%	0.19%
HCC	F	1.0%	0.1%	0.1%
HCKT	C	1.0%	0.11%	0.11%
HELE	D	1.0%	0.03%	0.03%
HFWA	C	1.0%	0.54%	0.54%
HI	F	1.0%	0.03%	0.03%
HIW	B	1.0%	0.12%	0.12%
HLF	F	1.0%	0.03%	0.03%
HMN	D	1.0%	1.01%	1.0%
HNI	C	1.0%	0.12%	0.12%
HOMB	B	1.0%	0.9%	0.9%
HSII	C	1.0%	0.09%	0.09%
HTLD	D	1.0%	0.15%	0.15%
HUBG	C	1.0%	0.1%	0.1%
HUN	D	1.0%	0.06%	0.06%
IART	F	1.0%	0.04%	0.04%
IBOC	D	1.0%	1.02%	1.0%
ICUI	B	1.0%	0.11%	0.11%
IDA	C	1.0%	0.26%	0.26%
INVA	B	1.0%	0.11%	0.11%
IPGP	F	1.0%	0.04%	0.04%
IRT	B	1.0%	0.11%	0.11%
IRWD	F	1.0%	0.03%	0.03%
ITGR	A	1.0%	0.08%	0.08%
JBGS	C	1.0%	0.1%	0.1%
JBI	F	1.0%	0.05%	0.05%
JBSS	D	1.0%	0.11%	0.11%
JBT	D	1.0%	0.06%	0.06%
JJSF	C	1.0%	0.16%	0.16%
KFRC	D	1.0%	0.08%	0.08%
KN	D	1.0%	0.07%	0.07%
KREF	B	1.0%	0.13%	0.13%
KW	C	1.0%	0.11%	0.11%
LAUR	C	1.0%	0.07%	0.07%
LEG	D	1.0%	0.04%	0.04%
LILAK	D	1.0%	0.09%	0.09%
LKFN	C	1.0%	0.79%	0.79%
LTC	C	1.0%	0.14%	0.14%
LXP	B	1.0%	0.15%	0.15%
LZB	C	1.0%	0.08%	0.08%
MATW	F	1.0%	0.05%	0.05%
MCBS	B	1.0%	0.39%	0.39%
MGEE	B	1.0%	0.22%	0.22%
MLAB	C	1.0%	0.07%	0.07%
MLR	D	1.0%	0.11%	0.11%
MNRO	D	1.0%	0.05%	0.05%
MOG.A	B	1.0%	0.1%	0.1%
MRCY	D	1.0%	0.08%	0.08%
MRTN	D	1.0%	0.12%	0.12%
MSGS	B	1.0%	0.1%	0.1%
MTX	D	1.0%	0.08%	0.08%
MWA	B	1.0%	0.11%	0.11%
NBHC	D	1.0%	1.08%	1.0%
NBTB	D	1.0%	1.36%	1.0%
NEOG	D	1.0%	0.04%	0.04%
NFG	B	1.0%	0.52%	0.52%
NHC	D	1.0%	0.23%	0.23%
NIC	C	1.0%	0.91%	0.91%
NNI	B	1.0%	1.77%	1.0%
NPK	D	1.0%	0.19%	0.19%
NTCT	C	1.0%	0.1%	0.1%
NTST	D	1.0%	0.14%	0.14%
NVST	D	1.0%	0.05%	0.05%
NWBI	C	1.0%	1.17%	1.0%
NWE	B	1.0%	0.25%	0.25%
NWN	C	1.0%	0.2%	0.2%
OBK	D	1.0%	0.66%	0.66%
OGN	D	1.0%	0.04%	0.04%
OMCL	C	1.0%	0.08%	0.08%
ONB	C	1.0%	1.34%	1.0%
OSIS	D	1.0%	0.11%	0.11%
OXM	F	1.0%	0.04%	0.04%
PBH	B	1.0%	0.15%	0.15%
PCH	C	1.0%	0.09%	0.09%
PCRX	F	1.0%	0.03%	0.03%
PDCO	F	1.0%	0.05%	0.05%
PEBO	C	1.0%	0.74%	0.74%
PECO	B	1.0%	0.23%	0.23%
PINC	C	1.0%	0.11%	0.11%
PLOW	C	1.0%	0.09%	0.09%
PLUS	A	1.0%	0.07%	0.07%
PLXS	A	1.0%	0.13%	0.13%
PNM	B	1.0%	0.24%	0.24%
POWI	F	1.0%	0.05%	0.05%
PRDO	D	1.0%	0.07%	0.07%
PRGO	D	1.0%	0.07%	0.07%
PRGS	C	1.0%	0.11%	0.11%
PRIM	B	1.0%	0.08%	0.08%
PRK	C	1.0%	1.38%	1.0%
PSMT	B	1.0%	0.09%	0.09%
PTCT	C	1.0%	0.04%	0.04%
PZZA	D	1.0%	0.05%	0.05%
QCRH	B	1.0%	0.88%	0.88%
RDN	C	1.0%	0.93%	0.93%
RGR	D	1.0%	0.07%	0.07%
RUSHA	C	1.0%	0.09%	0.09%
SAFT	D	1.0%	0.86%	0.86%
SANM	D	1.0%	0.07%	0.07%
SASR	B	1.0%	1.01%	1.0%
SATS	C	1.0%	0.07%	0.07%
SBSI	B	1.0%	0.69%	0.69%
SCHL	D	1.0%	0.05%	0.05%
SCL	D	1.0%	0.12%	0.12%
SCSC	D	1.0%	0.06%	0.06%
SEM	D	1.0%	0.06%	0.06%
SFNC	B	1.0%	0.79%	0.79%
SHEN	F	1.0%	0.05%	0.05%
SHOO	B	1.0%	0.07%	0.07%
SLGN	B	1.0%	0.21%	0.21%
SMP	C	1.0%	0.13%	0.13%
SNDR	B	1.0%	0.13%	0.13%
SR	B	1.0%	0.21%	0.21%
SRCE	C	1.0%	0.75%	0.75%
SRCL	A	1.0%	0.1%	0.1%
STBA	B	1.0%	0.99%	0.99%
SUPN	C	1.0%	0.07%	0.07%
SXC	F	1.0%	0.07%	0.07%
SXI	C	1.0%	0.08%	0.08%
SXT	C	1.0%	0.17%	0.17%
SYBT	A	1.0%	0.99%	0.99%
TGNA	D	1.0%	0.11%	0.11%
THG	B	1.0%	1.65%	1.0%
TMP	C	1.0%	0.54%	0.54%
TNC	F	1.0%	0.08%	0.08%
TOWN	B	1.0%	1.13%	1.0%
TPH	C	1.0%	0.06%	0.06%
TRMK	C	1.0%	0.91%	0.91%
TRS	D	1.0%	0.15%	0.15%
TRST	C	1.0%	0.44%	0.44%
TTGT	F	1.0%	0.04%	0.04%
TTMI	D	1.0%	0.07%	0.07%
UHT	B	1.0%	0.13%	0.13%
UNF	C	1.0%	0.14%	0.14%
USNA	F	1.0%	0.04%	0.04%
USPH	F	1.0%	0.04%	0.04%
UVSP	B	1.0%	0.59%	0.59%
VAL	F	1.0%	0.08%	0.08%
VECO	F	1.0%	0.04%	0.04%
VIAV	D	1.0%	0.06%	0.06%
VIRT	C	1.0%	1.51%	1.0%
VMI	D	1.0%	0.12%	0.12%
VREX	F	1.0%	0.03%	0.03%
VRNT	F	1.0%	0.04%	0.04%
VSH	F	1.0%	0.06%	0.06%
WABC	D	1.0%	0.92%	0.92%
WAFD	C	1.0%	0.98%	0.98%
WEN	C	1.0%	0.1%	0.1%
WERN	D	1.0%	0.14%	0.14%
WSBC	D	1.0%	0.84%	0.84%
WU	F	1.0%	0.89%	0.89%
ZD	D	1.0%	0.05%	0.05%

ISCV Overweight 876 Positions Relative to SMLV

Symbol	Grade	Weight
ALXO	F	1.0%
EWCZ	F	1.0%
CDLX	F	1.0%
ACTG	F	1.0%
LYEL	D	1.0%
ZNTL	D	1.0%
SAGE	F	1.0%
DNA	F	1.0%
RILY	F	1.0%
NKLA	F	1.0%
GYRE	D	1.0%
WEST	F	1.0%
CHGG	F	1.0%
GIC	D	1.0%
TH	D	1.0%
PARAA	D	1.0%
CTRI	F	1.0%
REPX	D	1.0%
CTOS	F	1.0%
TTI	F	1.0%
SANA	F	1.0%
MITK	F	1.0%
HPK	D	1.0%
YMAB	C	1.0%
ORIC	D	1.0%
ACDC	F	1.0%
CABA	F	1.0%
ROOT	F	1.0%
FRPH	D	1.0%
SRRK	F	1.0%
GOGO	F	1.0%
DH	D	1.0%
RUSHB	C	1.0%
PLPC	D	1.0%
ULCC	D	1.0%
PGY	F	1.0%
MAX	C	1.0%
KGS	B	1.0%
LEGH	B	1.0%
ANAB	C	1.0%
TIPT	B	1.0%
PTLO	C	1.0%
BMBL	F	1.0%
OLO	D	1.0%
LEU	D	1.0%
TARS	C	1.0%
KRT	D	1.0%
AVO	B	1.0%
HG	C	1.0%
TITN	F	1.0%
ACCD	D	1.0%
IIIV	D	1.0%
HBT	C	1.0%
UP	D	1.0%
TYRA	C	1.0%
PUMP	D	1.0%
RSI	C	1.0%
NRDS	D	1.0%
ENFN	D	1.0%
TFSL	C	1.0%
FSLY	D	1.0%
QTRX	D	1.0%
BLFS	C	1.0%
TBLA	F	1.0%
KRO	D	1.0%
DXPE	C	1.0%
ALEC	C	1.0%
RPAY	F	1.0%
NEXT	F	1.0%
FIGS	F	1.0%
IMXI	D	1.0%
SEMR	D	1.0%
THR	D	1.0%
GCT	F	1.0%
BSIG	B	1.0%
CYRX	D	1.0%
RES	D	1.0%
MERC	F	1.0%
IE	F	1.0%
LMB	B	1.0%
AMBC	D	1.0%
AMAL	B	1.0%
IDT	C	1.0%
METC	F	1.0%
ACIC	D	1.0%
PACK	D	1.0%
SWBI	F	1.0%
ULH	C	1.0%
KE	F	1.0%
BYON	F	1.0%
GES	F	1.0%
MBIN	D	1.0%
COGT	C	1.0%
SEAT	F	1.0%
OABI	D	1.0%
ETWO	C	1.0%
ACHR	F	1.0%
IIIN	D	1.0%
CRSR	F	1.0%
CHUY	C	1.0%
OLPX	C	1.0%
CMP	D	1.0%
REX	D	1.0%
SNCY	D	1.0%
STER	B	1.0%
EZPW	D	1.0%
LILA	D	1.0%
MYE	D	1.0%
ATRO	D	1.0%
UTZ	C	1.0%
SWI	B	1.0%
BELFB	B	1.0%
ARHS	F	1.0%
LESL	F	1.0%
OLMA	D	1.0%
STOK	C	1.0%
MTUS	F	1.0%
FOR	C	1.0%
SYRE	C	1.0%
CLBK	C	1.0%
AUPH	C	1.0%
PRLB	F	1.0%
DAWN	D	1.0%
GDRX	F	1.0%
HVT	D	1.0%
LFST	C	1.0%
BTSG	B	1.0%
LXU	D	1.0%
HTZ	F	1.0%
CLNE	C	1.0%
PLRX	F	1.0%
CNSL	B	1.0%
GRNT	D	1.0%
NAPA	F	1.0%
TWKS	C	1.0%
NUS	F	1.0%
WSR	D	1.0%
VZIO	B	1.0%
LGF.A	F	1.0%
DRVN	C	1.0%
CBL	D	1.0%
AOSL	D	1.0%
RBCAA	B	1.0%
TILE	B	1.0%
SD	D	1.0%
BRY	F	1.0%
KNSA	C	1.0%
MCW	F	1.0%
EVER	D	1.0%
NBR	F	1.0%
FIP	D	1.0%
RDUS	D	1.0%
CCB	B	1.0%
LBRDA	F	1.0%
BALY	B	1.0%
RCUS	C	1.0%
PRA	C	1.0%
KOP	F	1.0%
GTN	D	1.0%
ALEX	B	1.0%
SCVL	B	1.0%
CCO	C	1.0%
DIN	F	1.0%
CWEN	C	1.0%
CVLG	C	1.0%
AORT	D	1.0%
MTTR	C	1.0%
CCRN	F	1.0%
WNC	F	1.0%
HUT	D	1.0%
PTVE	D	1.0%
FLGT	D	1.0%
SDGR	D	1.0%
FIZZ	D	1.0%
UFCS	D	1.0%
NUVB	D	1.0%
SAVA	C	1.0%
ATUS	C	1.0%
CWH	C	1.0%
CFB	D	1.0%
SBGI	D	1.0%
NVEE	F	1.0%
WRLD	D	1.0%
LBPH	D	1.0%
OEC	F	1.0%
ATSG	D	1.0%
CGEM	D	1.0%
OPK	C	1.0%
WT	D	1.0%
RGNX	F	1.0%
TRUP	C	1.0%
CLW	F	1.0%
WTTR	D	1.0%
HOUS	C	1.0%
LMND	D	1.0%
PFBC	D	1.0%
TRTX	C	1.0%
GDEN	D	1.0%
VRDN	C	1.0%
PWP	C	1.0%
CHPT	F	1.0%
RAMP	F	1.0%
ALX	B	1.0%
BXC	D	1.0%
ARVN	F	1.0%
CNXN	B	1.0%
ZYME	B	1.0%
PKST	C	1.0%
KAR	D	1.0%
EYE	F	1.0%
PLTK	C	1.0%
AMTB	D	1.0%
LC	D	1.0%
TWI	D	1.0%
SAFE	C	1.0%
NR	D	1.0%
EQBK	B	1.0%
OMI	D	1.0%
LPRO	D	1.0%
DBRG	D	1.0%
CPF	B	1.0%
RYI	D	1.0%
ATMU	B	1.0%
MMI	C	1.0%
PLUG	F	1.0%
THRY	D	1.0%
UMH	C	1.0%
AIV	B	1.0%
PLYM	D	1.0%
PBI	D	1.0%
CSTL	C	1.0%
RLJ	D	1.0%
NYMT	C	1.0%
NX	F	1.0%
DHC	B	1.0%
MXL	F	1.0%
EGY	D	1.0%
DNOW	D	1.0%
NXRT	C	1.0%
MSEX	C	1.0%
TLRY	F	1.0%
ACEL	C	1.0%
HTBK	C	1.0%
EGBN	C	1.0%
HPP	D	1.0%
BFST	B	1.0%
VTS	C	1.0%
MGPI	D	1.0%
TREE	C	1.0%
WOLF	F	1.0%
KROS	C	1.0%
FWRD	C	1.0%
VVX	D	1.0%
STGW	B	1.0%
WS	D	1.0%
CNDT	C	1.0%
AXL	F	1.0%
VTLE	F	1.0%
HZO	C	1.0%
KELYA	D	1.0%
BV	C	1.0%
CARS	D	1.0%
FA	B	1.0%
TGI	F	1.0%
DVAX	D	1.0%
ETNB	F	1.0%
SEDG	F	1.0%
FTRE	D	1.0%
ETD	C	1.0%
BGS	D	1.0%
HY	F	1.0%
ALGT	F	1.0%
AKRO	C	1.0%
ASTE	D	1.0%
AMRC	C	1.0%
NVAX	D	1.0%
VTOL	D	1.0%
INN	A	1.0%
HBNC	B	1.0%
EVRI	C	1.0%
GNK	D	1.0%
FG	D	1.0%
ASIX	C	1.0%
MBWM	D	1.0%
VRE	B	1.0%
SNDX	F	1.0%
INFN	B	1.0%
PPC	D	1.0%
VIR	F	1.0%
MBUU	D	1.0%
IBCP	B	1.0%
CVI	F	1.0%
BY	C	1.0%
HAIN	D	1.0%
HEES	D	1.0%
OSBC	C	1.0%
TALO	D	1.0%
UPWK	D	1.0%
HLIO	D	1.0%
BRSP	D	1.0%
PRAA	D	1.0%
SPTN	C	1.0%
SVC	D	1.0%
WMK	C	1.0%
NVRI	D	1.0%
PRM	B	1.0%
MGNI	D	1.0%
TDOC	D	1.0%
LGND	C	1.0%
SEB	D	1.0%
CHEF	D	1.0%
DLX	D	1.0%
AMWD	D	1.0%
HCSG	C	1.0%
PCT	C	1.0%
DX	B	1.0%
AMRK	C	1.0%
SAH	D	1.0%
PETQ	B	1.0%
CMTG	D	1.0%
MCY	D	1.0%
NOVA	C	1.0%
NVCR	D	1.0%
JACK	F	1.0%
VRTS	F	1.0%
SSTK	F	1.0%
KNTK	B	1.0%
AAT	B	1.0%
SKWD	C	1.0%
TBBK	B	1.0%
USM	C	1.0%
GO	F	1.0%
DFIN	B	1.0%
RCKT	D	1.0%
AESI	C	1.0%
DOCN	A	1.0%
BDN	B	1.0%
CRK	D	1.0%
LGF.A	F	1.0%
PFC	C	1.0%
CNOB	B	1.0%
ESRT	B	1.0%
RKLB	C	1.0%
BBIO	D	1.0%
RRR	D	1.0%
FOLD	D	1.0%
PGRE	C	1.0%
CASH	B	1.0%
EMBC	C	1.0%
MD	C	1.0%
HAYW	C	1.0%
NPO	D	1.0%
UNFI	C	1.0%
UE	B	1.0%
ULS	D	1.0%
SHC	C	1.0%
SBCF	C	1.0%
SYNA	F	1.0%
PEB	D	1.0%
ADNT	F	1.0%
GTX	F	1.0%
DCOM	B	1.0%
UTL	C	1.0%
TNDM	C	1.0%
MRC	D	1.0%
MATV	C	1.0%
TFIN	D	1.0%
SGH	F	1.0%
ARR	B	1.0%
MLKN	D	1.0%
TDC	F	1.0%
TXG	D	1.0%
ANDE	D	1.0%
ODP	F	1.0%
IDYA	F	1.0%
OCFC	B	1.0%
GFF	D	1.0%
FOXF	D	1.0%
AGL	F	1.0%
URBN	F	1.0%
TPC	C	1.0%
RWT	B	1.0%
PLAY	F	1.0%
YELP	F	1.0%
CWEN	C	1.0%
GOLF	D	1.0%
IMKTA	D	1.0%
NEO	C	1.0%
EFC	B	1.0%
UA	D	1.0%
CAL	F	1.0%
KURA	D	1.0%
VCTR	B	1.0%
ACT	B	1.0%
HHH	C	1.0%
ECPG	D	1.0%
LRN	B	1.0%
FBRT	C	1.0%
KALU	F	1.0%
PARR	F	1.0%
FDP	C	1.0%
WWW	B	1.0%
AMRX	B	1.0%
REYN	C	1.0%
TRN	D	1.0%
ZI	D	1.0%
BANF	B	1.0%
MSGE	B	1.0%
CPRX	A	1.0%
SMMT	C	1.0%
SABR	D	1.0%
REVG	D	1.0%
BHLB	B	1.0%
SJW	C	1.0%
ARWR	F	1.0%
COLL	C	1.0%
BKD	D	1.0%
XRX	D	1.0%
JELD	D	1.0%
DYN	D	1.0%
VSTS	D	1.0%
SCS	D	1.0%
RXO	D	1.0%
NGVT	D	1.0%
VSAT	F	1.0%
DAN	F	1.0%
PDM	B	1.0%
KLG	C	1.0%
GIII	C	1.0%
CIM	B	1.0%
PMT	C	1.0%
SNEX	B	1.0%
SKYW	C	1.0%
HE	F	1.0%
YETI	D	1.0%
VBTX	B	1.0%
RC	F	1.0%
CAR	F	1.0%
AIR	C	1.0%
NAVI	C	1.0%
UVV	D	1.0%
ARI	F	1.0%
ADEA	C	1.0%
UNIT	C	1.0%
CODI	D	1.0%
ATGE	C	1.0%
MQ	F	1.0%
OPEN	D	1.0%
IVT	B	1.0%
BLMN	F	1.0%
RNG	F	1.0%
MFA	B	1.0%
ARCB	D	1.0%
CMPR	D	1.0%
SBH	B	1.0%
LPG	F	1.0%
EBC	B	1.0%
ROIC	B	1.0%
AMBA	C	1.0%
APAM	C	1.0%
BKE	B	1.0%
AMC	F	1.0%
CDE	C	1.0%
DBD	C	1.0%
AGO	C	1.0%
TCBK	D	1.0%
STEL	C	1.0%
PLAB	F	1.0%
SKT	B	1.0%
ALTM	F	1.0%
OUT	C	1.0%
DDS	F	1.0%
RDFN	C	1.0%
UAA	C	1.0%
NXT	F	1.0%
PTEN	F	1.0%
SPNT	C	1.0%
TROX	F	1.0%
WTM	D	1.0%
STEP	B	1.0%
CUBI	F	1.0%
TDW	F	1.0%
CXW	F	1.0%
TWO	B	1.0%
WOR	D	1.0%
CLVT	D	1.0%
HOPE	B	1.0%
AMR	F	1.0%
AEO	F	1.0%
GBX	C	1.0%
PRFT	B	1.0%
JOBY	F	1.0%
LADR	B	1.0%
BCO	B	1.0%
HTH	C	1.0%
UPBD	F	1.0%
RH	B	1.0%
PTON	C	1.0%
REZI	D	1.0%
SPR	D	1.0%
TGTX	C	1.0%
CRGY	D	1.0%
GEO	F	1.0%
GVA	B	1.0%
SMG	C	1.0%
AX	D	1.0%
VSCO	C	1.0%
AHR	B	1.0%
CWT	C	1.0%
CDP	B	1.0%
ELME	B	1.0%
ESAB	C	1.0%
WGO	D	1.0%
BDC	B	1.0%
KFY	B	1.0%
LITE	B	1.0%
HGV	F	1.0%
KNF	B	1.0%
WSFS	D	1.0%
FBK	B	1.0%
FBNC	B	1.0%
CORZ	C	1.0%
CENTA	F	1.0%
WKC	B	1.0%
SITC	D	1.0%
AKR	B	1.0%
AMKR	F	1.0%
PATK	B	1.0%
STR	D	1.0%
INSW	D	1.0%
FCFS	C	1.0%
B	D	1.0%
HRI	D	1.0%
BEAM	F	1.0%
DRH	C	1.0%
CAKE	C	1.0%
GNL	C	1.0%
DIOD	F	1.0%
HLMN	B	1.0%
IIPR	B	1.0%
DNLI	C	1.0%
ATKR	F	1.0%
CEIX	D	1.0%
VYX	D	1.0%
EPC	F	1.0%
CBT	B	1.0%
PRKS	D	1.0%
BGC	B	1.0%
WHD	C	1.0%
NSA	B	1.0%
KOS	F	1.0%
OTTR	F	1.0%
OI	D	1.0%
LEVI	C	1.0%
CNK	C	1.0%
ALIT	D	1.0%
RIG	F	1.0%
ENR	D	1.0%
CCS	B	1.0%
KMT	B	1.0%
VNT	F	1.0%
LCII	C	1.0%
JBLU	D	1.0%
BANR	B	1.0%
MSM	D	1.0%
H	C	1.0%
NATL	D	1.0%
THS	C	1.0%
STC	B	1.0%
PRG	B	1.0%
GAP	F	1.0%
IBTX	B	1.0%
MASI	F	1.0%
ENVA	C	1.0%
OFG	C	1.0%
BOOT	A	1.0%
BANC	B	1.0%
RYN	C	1.0%
WLY	C	1.0%
TNET	F	1.0%
MBC	B	1.0%
CWK	B	1.0%
VGR	B	1.0%
PHIN	B	1.0%
CLF	F	1.0%
EEFT	D	1.0%
TPG	B	1.0%
QS	F	1.0%
ADT	C	1.0%
INFA	D	1.0%
AXTA	B	1.0%
NMRK	A	1.0%
FRME	D	1.0%
FL	D	1.0%
HASI	C	1.0%
PIPR	B	1.0%
KSS	F	1.0%
VSTO	C	1.0%
ETSY	F	1.0%
TPX	C	1.0%
GT	F	1.0%
VAC	F	1.0%
PFS	B	1.0%
COMP	C	1.0%
PPBI	D	1.0%
HBI	B	1.0%
CVBF	D	1.0%
ENOV	D	1.0%
QDEL	D	1.0%
CRSP	F	1.0%
LGIH	C	1.0%
CR	C	1.0%
EPRT	B	1.0%
BFH	D	1.0%
HL	C	1.0%
RHI	D	1.0%
HTLF	B	1.0%
AYI	B	1.0%
TDS	C	1.0%
BOKF	B	1.0%
KEX	C	1.0%
SEIC	C	1.0%
AL	D	1.0%
SITE	C	1.0%
FFBC	D	1.0%
GRBK	B	1.0%
NOV	F	1.0%
ABR	B	1.0%
JWN	C	1.0%
RKT	C	1.0%
FLS	D	1.0%
VC	F	1.0%
LYFT	D	1.0%
BOH	D	1.0%
RL	C	1.0%
INDB	C	1.0%
PENN	D	1.0%
SFBS	B	1.0%
THO	D	1.0%
CC	F	1.0%
BTU	D	1.0%
TKR	D	1.0%
NYCB	D	1.0%
PSN	B	1.0%
MSA	D	1.0%
BKU	C	1.0%
SLVM	B	1.0%
CNX	B	1.0%
LBRDK	F	1.0%
POST	C	1.0%
BHF	F	1.0%
NEU	D	1.0%
FIBK	B	1.0%
IAC	C	1.0%
FHI	A	1.0%
NSIT	D	1.0%
MATX	B	1.0%
FHB	D	1.0%
CATY	C	1.0%
PK	D	1.0%
KNX	C	1.0%
NWL	C	1.0%
SFM	B	1.0%
AVA	C	1.0%
AMG	C	1.0%
TNL	D	1.0%
GMED	D	1.0%
ZG	B	1.0%
BC	C	1.0%
HP	F	1.0%
NMIH	B	1.0%
POR	C	1.0%
MTN	D	1.0%
EAT	A	1.0%
LBRT	D	1.0%
REXR	C	1.0%
BXMT	C	1.0%
ASB	D	1.0%
PFSI	C	1.0%
ATR	B	1.0%
GTES	C	1.0%
FBP	C	1.0%
AUB	D	1.0%
TCBI	B	1.0%
CYTK	F	1.0%
NOG	D	1.0%
HLI	B	1.0%
GMS	D	1.0%
WEX	C	1.0%
CXT	D	1.0%
NJR	B	1.0%
PBF	F	1.0%
LBTYA	B	1.0%
R	A	1.0%
UFPI	C	1.0%
AM	C	1.0%
DBX	D	1.0%
MAN	C	1.0%
MPW	C	1.0%
LBTYK	B	1.0%
UCB	C	1.0%
MMS	C	1.0%
CACI	B	1.0%
COLD	D	1.0%
TEX	F	1.0%
ALV	F	1.0%
WD	A	1.0%
GXO	D	1.0%
MAC	B	1.0%
LSTR	D	1.0%
VLY	C	1.0%
ESI	D	1.0%
MKTX	C	1.0%
PRI	B	1.0%
EPR	B	1.0%
TTC	D	1.0%
LEA	F	1.0%
KMPR	D	1.0%
ALE	B	1.0%
OGS	B	1.0%
MIDD	D	1.0%
DXC	C	1.0%
LPX	B	1.0%
RVMD	C	1.0%
MKSI	F	1.0%
MLI	A	1.0%
SIGI	D	1.0%
CIEN	C	1.0%
CIVI	F	1.0%
SIG	C	1.0%
SBRA	C	1.0%
SWX	C	1.0%
MAT	C	1.0%
ABCB	B	1.0%
RGLD	C	1.0%
M	F	1.0%
MGY	C	1.0%
KRC	B	1.0%
KTB	B	1.0%
BYD	C	1.0%
SAIC	C	1.0%
ASO	C	1.0%
STAG	C	1.0%
ADC	C	1.0%
PII	D	1.0%
RUN	C	1.0%
HWC	D	1.0%
AVNT	B	1.0%
BIO	C	1.0%
OZK	D	1.0%
AN	D	1.0%
ABG	D	1.0%
W	D	1.0%
AUR	B	1.0%
OSK	F	1.0%
CFR	C	1.0%
SLG	B	1.0%
WH	B	1.0%
MC	B	1.0%
MHO	B	1.0%
SM	F	1.0%
CPRI	D	1.0%
SLM	D	1.0%
SWN	D	1.0%
JHG	B	1.0%
ALSN	B	1.0%
FRT	C	1.0%
GNRC	D	1.0%
CZR	C	1.0%
UMBF	B	1.0%
CRUS	D	1.0%
VOYA	B	1.0%
SEE	D	1.0%
ROIV	C	1.0%
HOG	C	1.0%
MDU	C	1.0%
GPK	B	1.0%
UBSI	B	1.0%
NNN	C	1.0%
COLB	B	1.0%
LNC	D	1.0%
UGI	C	1.0%
FNB	C	1.0%
OLN	D	1.0%
NXST	D	1.0%
BCC	B	1.0%
OMF	D	1.0%
JXN	A	1.0%
BECN	D	1.0%
ALK	C	1.0%
WHR	D	1.0%
GME	F	1.0%
ST	D	1.0%
IVZ	B	1.0%
MUR	F	1.0%
KD	D	1.0%
XRAY	D	1.0%
SON	C	1.0%
BRX	B	1.0%
PVH	F	1.0%
HRB	C	1.0%
HAS	B	1.0%
DAR	F	1.0%
COOP	C	1.0%
CROX	D	1.0%
KBH	A	1.0%
CADE	C	1.0%
AGCO	D	1.0%
RITM	B	1.0%
VFC	C	1.0%
CMC	D	1.0%
PARA	F	1.0%
INGR	B	1.0%
JEF	B	1.0%
MTDR	F	1.0%
STWD	B	1.0%
LUMN	C	1.0%
G	C	1.0%
AXS	B	1.0%
BBWI	F	1.0%
EVR	A	1.0%
VNO	B	1.0%
LAMR	B	1.0%
SNV	C	1.0%
FYBR	C	1.0%
TMHC	A	1.0%
ARW	C	1.0%
MTG	B	1.0%
AAL	D	1.0%
ESNT	B	1.0%
FAF	B	1.0%
ZION	D	1.0%
JAZZ	D	1.0%
WTFC	B	1.0%
PR	F	1.0%
PB	B	1.0%
BPOP	C	1.0%
WCC	D	1.0%
RRC	D	1.0%
SSB	B	1.0%
ELAN	D	1.0%
PNFP	B	1.0%
MTH	A	1.0%
BWA	D	1.0%
DTM	B	1.0%
AGNC	B	1.0%
LAD	D	1.0%
CMA	B	1.0%
CVNA	B	1.0%
WBS	D	1.0%
BERY	B	1.0%
FLR	D	1.0%
AA	D	1.0%
FMC	C	1.0%
X	F	1.0%
CBSH	C	1.0%
JLL	B	1.0%
MHK	C	1.0%
OGE	C	1.0%
CHRD	F	1.0%
FHN	D	1.0%
SF	A	1.0%
WAL	B	1.0%
HSIC	C	1.0%
ORI	B	1.0%
Z	B	1.0%
GL	C	1.0%
TPR	C	1.0%
RIVN	F	1.0%
AIZ	B	1.0%
OHI	B	1.0%
PNW	C	1.0%
NLY	B	1.0%
FBIN	B	1.0%
EWBC	D	1.0%
CHRW	B	1.0%

ISCV Underweight 160 Positions Relative to SMLV

Symbol	Grade	Weight
PJT	B	-1.62%
GCMG	B	-1.07%
MGRC	F	-1.0%
BLX	C	-0.82%
PAX	F	-0.61%
BHRB	C	-0.59%
TRIN	D	-0.45%
CAC	C	-0.39%
FMNB	B	-0.39%
CCNE	C	-0.36%
HONE	C	-0.36%
HTBI	B	-0.36%
AROW	D	-0.35%
THFF	B	-0.35%
NFBK	C	-0.33%
BHB	A	-0.33%
CCBG	B	-0.32%
MPB	B	-0.31%
ESQ	B	-0.31%
DHIL	C	-0.31%
SMBK	A	-0.3%
ALRS	C	-0.29%
BSRR	B	-0.28%
SPFI	B	-0.28%
GLRE	B	-0.27%
KRNY	C	-0.27%
HIFS	B	-0.27%
ORRF	B	-0.26%
FMAO	B	-0.25%
ACNB	C	-0.25%
ARTNA	D	-0.24%
FSBC	B	-0.24%
FBIZ	B	-0.24%
PFIS	B	-0.22%
SBR	D	-0.21%
CZNC	D	-0.21%
FSBW	B	-0.21%
BWB	B	-0.21%
EBTC	B	-0.21%
HBCP	B	-0.21%
GNTY	B	-0.2%
WTBA	D	-0.2%
OKLO	F	-0.19%
FLIC	B	-0.19%
TRC	D	-0.18%
PSTL	B	-0.18%
WSBF	B	-0.18%
FNLC	C	-0.18%
VLGEA	B	-0.18%
CSWI	B	-0.17%
FRST	C	-0.17%
ICFI	B	-0.16%
CTO	C	-0.16%
CBNK	B	-0.16%
CMPO	C	-0.15%
CVLT	B	-0.14%
UTMD	F	-0.14%
HSTM	C	-0.14%
FELE	C	-0.14%
BMI	A	-0.14%
EXPO	A	-0.14%
NHI	C	-0.14%
PKE	D	-0.13%
GENC	D	-0.13%
CBZ	F	-0.12%
AFCG	D	-0.12%
ADMA	B	-0.12%
BCAL	D	-0.12%
ACA	B	-0.12%
UFPT	B	-0.12%
HWKN	C	-0.12%
ROAD	B	-0.11%
ADUS	B	-0.11%
ESE	B	-0.11%
NOMD	B	-0.11%
FSS	D	-0.11%
GRC	D	-0.11%
PAHC	B	-0.1%
WDFC	C	-0.1%
LMAT	C	-0.1%
LNN	D	-0.1%
RGP	F	-0.1%
RLGT	C	-0.09%
WINA	D	-0.09%
ALG	D	-0.09%
RDWR	C	-0.09%
RNGR	C	-0.09%
TRNS	D	-0.09%
INSM	D	-0.09%
EPAC	B	-0.08%
HURN	C	-0.08%
GLDD	B	-0.08%
APLE	D	-0.08%
NCNO	D	-0.08%
IOSP	D	-0.08%
MGIC	C	-0.08%
KAI	C	-0.08%
LOPE	D	-0.08%
SQSP	A	-0.08%
ATNI	C	-0.08%
PBT	D	-0.08%
ITRN	C	-0.07%
AMSWA	C	-0.07%
ENV	C	-0.07%
SFL	F	-0.07%
CTS	D	-0.07%
SPOK	C	-0.07%
BOX	C	-0.07%
FORR	D	-0.07%
WEYS	B	-0.07%
SPNS	D	-0.07%
FSTR	D	-0.06%
VPG	F	-0.06%
NVEC	D	-0.06%
JOUT	D	-0.06%
IBEX	B	-0.06%
MEI	D	-0.06%
ATEX	D	-0.06%
STRA	F	-0.06%
GPRK	F	-0.06%
CSV	C	-0.06%
OFIX	D	-0.06%
CVCO	A	-0.06%
MMSI	B	-0.06%
NARI	F	-0.05%
WK	D	-0.05%
XNCR	C	-0.05%
FORM	F	-0.05%
HRMY	B	-0.05%
NATR	F	-0.05%
BL	D	-0.05%
SRDX	D	-0.05%
AMPH	C	-0.05%
LIVN	D	-0.05%
GKOS	C	-0.05%
CNMD	D	-0.05%
IRDM	D	-0.05%
HAE	F	-0.05%
RDNT	B	-0.05%
CEVA	C	-0.05%
SPB	C	-0.05%
ATEN	C	-0.05%
KIDS	D	-0.05%
IRMD	C	-0.05%
ETH	D	-0.05%
ALRM	F	-0.04%
ARCO	F	-0.04%
ZIP	D	-0.04%
IMTX	C	-0.04%
ANIP	D	-0.04%
NRC	F	-0.04%
RARE	B	-0.04%
MYRG	F	-0.04%
THRM	D	-0.04%
MTRN	F	-0.04%
ANIK	D	-0.04%
TBPH	F	-0.03%
ATRC	C	-0.03%
ACAD	F	-0.02%
AZTA	F	-0.02%