MMTM vs. BALI ETF Comparison

Comparison of SPDR S&P 1500 Momentum Tilt ETF (MMTM) to BlackRock Advantage Large Cap Income ETF (BALI)

MMTM

SPDR S&P 1500 Momentum Tilt ETF

MMTM Description

The investment seeks investment results that, before fees and expenses, correspond to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P 1500 Positive Momentum Tilt Index. It invests substantially all, but at least 80%, of total assets in the securities, including business development companies, comprising the index. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively high momentum are overweight relative to the S&P Composite 1500 Index and stocks with relatively low momentum are underweight. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$260.78

Average Daily Volume

2,341

Number of Holdings ^*

1439

* may have additional holdings in another (foreign) market

BALI

BlackRock Advantage Large Cap Income ETF

BALI Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.95

Average Daily Volume

91,883

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	MMTM	BALI
30 Days	0.54%	0.94%
60 Days	4.14%	3.21%
90 Days	5.81%	5.26%
12 Months	36.75%	27.78%

136 Overlapping Holdings

Symbol	Grade	Weight in MMTM	Weight in BALI	Overlap
AAPL	C	5.96%	7.52%	5.96%
ACN	C	0.14%	0.06%	0.06%
ADBE	F	0.02%	0.52%	0.02%
ALL	A	0.13%	0.4%	0.13%
AMGN	F	0.19%	0.62%	0.19%
AMZN	B	4.11%	4.94%	4.11%
AVB	B	0.07%	0.15%	0.07%
AVGO	C	2.66%	0.64%	0.64%
BBY	D	0.05%	0.0%	0.0%
BIIB	F	0.0%	0.03%	0.0%
BKNG	A	0.4%	0.13%	0.13%
BRK.A	A	1.32%	0.84%	0.84%
BSX	A	0.36%	0.14%	0.14%
C	A	0.36%	1.05%	0.36%
CAG	F	0.01%	0.01%	0.01%
CAH	A	0.02%	1.12%	0.02%
CBOE	C	0.02%	0.03%	0.02%
CI	D	0.04%	0.12%	0.04%
CL	C	0.16%	0.87%	0.16%
CLX	A	0.04%	0.01%	0.01%
CMCSA	B	0.05%	0.9%	0.05%
CME	A	0.02%	1.12%	0.02%
CMS	C	0.03%	0.3%	0.03%
COP	B	0.01%	0.5%	0.01%
COST	B	1.15%	0.0%	0.0%
CPT	D	0.03%	0.18%	0.03%
CRWD	B	0.21%	0.23%	0.21%
CSCO	B	0.06%	0.36%	0.06%
CSX	B	0.04%	0.07%	0.04%
CTAS	B	0.21%	1.15%	0.21%
CVX	A	0.07%	1.53%	0.07%
DHI	F	0.15%	0.07%	0.07%
DOC	D	0.04%	0.04%	0.04%
DUK	C	0.13%	0.1%	0.1%
DVN	F	0.0%	0.01%	0.0%
ED	D	0.02%	0.06%	0.02%
ELV	F	0.06%	0.2%	0.06%
EME	B	0.08%	0.3%	0.08%
EQIX	A	0.07%	0.0%	0.0%
ES	C	0.03%	0.35%	0.03%
ETN	B	0.4%	0.36%	0.36%
EXC	C	0.01%	0.31%	0.01%
EXEL	B	0.01%	0.18%	0.01%
EXPD	D	0.01%	0.44%	0.01%
F	C	0.02%	0.82%	0.02%
FE	C	0.02%	0.42%	0.02%
FOXA	B	0.02%	0.0%	0.0%
FTNT	B	0.1%	1.0%	0.1%
GD	D	0.08%	0.14%	0.08%
GILD	B	0.05%	1.32%	0.05%
GOOG	B	1.16%	1.67%	1.16%
GOOGL	B	1.58%	3.06%	1.58%
GWW	B	0.12%	0.03%	0.03%
HAL	C	0.0%	0.39%	0.0%
HAS	D	0.02%	0.21%	0.02%
HCA	F	0.2%	0.57%	0.2%
HD	A	0.91%	0.01%	0.01%
HES	B	0.0%	0.07%	0.0%
IDA	A	0.0%	0.1%	0.0%
INCY	B	0.01%	0.14%	0.01%
INGR	B	0.02%	0.03%	0.02%
IVZ	B	0.02%	0.02%	0.02%
JNJ	D	0.17%	0.03%	0.03%
JNPR	D	0.03%	0.02%	0.02%
JPM	A	1.81%	1.16%	1.16%
K	B	0.06%	0.04%	0.04%
KMB	C	0.04%	1.01%	0.04%
KMI	A	0.1%	0.11%	0.1%
KR	B	0.05%	0.83%	0.05%
KRG	B	0.01%	0.07%	0.01%
LDOS	C	0.07%	0.4%	0.07%
LLY	F	1.74%	0.94%	0.94%
LMT	D	0.16%	1.09%	0.16%
LRCX	F	0.2%	0.59%	0.2%
MA	A	0.58%	1.81%	0.58%
MANH	D	0.04%	0.41%	0.04%
MCD	D	0.14%	0.0%	0.0%
MCK	A	0.02%	0.21%	0.02%
MDT	D	0.15%	0.93%	0.15%
META	C	3.99%	1.57%	1.57%
MMC	C	0.07%	1.22%	0.07%
MO	A	0.18%	0.8%	0.18%
MRK	F	0.11%	1.35%	0.11%
MSFT	D	3.16%	7.07%	3.16%
MSI	A	0.23%	0.56%	0.23%
MTN	C	0.0%	0.31%	0.0%
MU	D	0.29%	0.37%	0.29%
NBIX	D	0.0%	0.44%	0.0%
NFLX	A	1.07%	0.15%	0.15%
NNN	C	0.01%	0.25%	0.01%
NOC	D	0.03%	0.82%	0.03%
NOW	B	0.56%	0.37%	0.37%
NTAP	D	0.07%	0.26%	0.07%
NUE	D	0.0%	0.02%	0.0%
NVDA	B	12.73%	7.31%	7.31%
NYT	D	0.02%	0.05%	0.02%
OHI	C	0.01%	0.15%	0.01%
OSK	B	0.0%	0.28%	0.0%
PAG	B	0.0%	0.02%	0.0%
PCAR	B	0.05%	0.2%	0.05%
PFE	F	0.02%	1.19%	0.02%
PG	C	0.25%	0.15%	0.15%
PGR	B	0.42%	1.2%	0.42%
PH	B	0.27%	0.24%	0.24%
PM	A	0.45%	1.26%	0.45%
PNW	A	0.01%	1.0%	0.01%
QCOM	F	0.48%	1.02%	0.48%
RGA	A	0.03%	0.0%	0.0%
ROST	D	0.06%	0.05%	0.05%
RSG	B	0.07%	1.06%	0.07%
SHW	C	0.25%	1.18%	0.25%
SON	D	0.0%	0.02%	0.0%
SPG	A	0.15%	0.23%	0.15%
SPGI	C	0.4%	0.26%	0.26%
SYK	A	0.2%	0.45%	0.2%
T	A	0.39%	1.07%	0.39%
TFC	A	0.17%	0.65%	0.17%
TJX	A	0.21%	0.34%	0.21%
TMO	F	0.39%	0.1%	0.1%
TRV	A	0.12%	0.34%	0.12%
TSCO	D	0.08%	0.14%	0.08%
TSLA	A	1.02%	1.06%	1.02%
TSN	A	0.02%	0.0%	0.0%
TT	A	0.31%	0.4%	0.31%
TXRH	B	0.04%	0.54%	0.04%
UNH	B	0.15%	0.98%	0.15%
UPS	C	0.01%	1.13%	0.01%
UTHR	C	0.05%	0.46%	0.05%
V	A	0.33%	1.33%	0.33%
VZ	C	0.26%	0.93%	0.26%
WHR	A	0.0%	0.05%	0.0%
WING	F	0.03%	0.22%	0.03%
WM	B	0.1%	1.22%	0.1%
WMT	A	0.89%	1.22%	0.89%
WRB	A	0.02%	0.25%	0.02%
XOM	A	0.24%	0.4%	0.24%

MMTM Overweight 1303 Positions Relative to BALI

Symbol	Grade	Weight
ORCL	A	0.89%
BAC	A	0.81%
ABBV	F	0.68%
AMD	F	0.67%
GE	D	0.65%
ISRG	A	0.6%
GS	A	0.56%
WFC	A	0.56%
CAT	B	0.56%
CRM	B	0.55%
IBM	D	0.51%
AXP	B	0.51%
UBER	F	0.45%
TXN	B	0.43%
PLTR	A	0.4%
MS	A	0.4%
AMAT	F	0.4%
RTX	D	0.39%
BX	A	0.39%
NEE	C	0.38%
BLK	A	0.38%
DHR	F	0.35%
LOW	A	0.35%
KKR	A	0.34%
KO	D	0.33%
ANET	C	0.32%
FI	A	0.32%
GEV	B	0.3%
PANW	B	0.27%
ADI	D	0.26%
KLAC	F	0.26%
TMUS	A	0.26%
APH	B	0.25%
PNC	A	0.25%
CEG	D	0.24%
TDG	D	0.23%
MMM	D	0.23%
ICE	C	0.22%
PYPL	A	0.21%
MCO	D	0.2%
WELL	A	0.2%
CB	C	0.19%
CMG	B	0.19%
URI	B	0.19%
CARR	D	0.19%
FICO	A	0.19%
USB	A	0.19%
LIN	D	0.18%
SO	C	0.18%
GM	B	0.18%
RCL	A	0.18%
ECL	D	0.17%
VST	A	0.17%
BK	A	0.17%
COF	B	0.17%
HWM	A	0.16%
JCI	A	0.16%
INTU	B	0.16%
TGT	C	0.16%
ABT	A	0.16%
ADP	B	0.15%
VRTX	C	0.15%
HLT	A	0.15%
PWR	A	0.15%
FCX	F	0.15%
PSA	C	0.14%
OKE	A	0.14%
FIS	A	0.14%
AXON	A	0.14%
PLD	D	0.13%
DIS	B	0.13%
ADSK	B	0.13%
CBRE	B	0.13%
REGN	F	0.13%
WMB	A	0.13%
LEN	D	0.13%
DFS	B	0.13%
TRGP	A	0.13%
AMP	A	0.13%
D	C	0.12%
DAL	A	0.12%
IR	B	0.12%
UNP	D	0.12%
NXPI	F	0.12%
SCHW	A	0.12%
CMI	A	0.12%
DELL	B	0.12%
AFL	C	0.12%
AMT	D	0.12%
NEM	F	0.11%
PEG	C	0.11%
GLW	B	0.11%
EXR	C	0.11%
IRM	D	0.11%
HIG	A	0.1%
GRMN	B	0.1%
EFX	F	0.1%
MTB	A	0.1%
WAB	B	0.1%
MET	A	0.1%
IT	B	0.1%
FITB	A	0.1%
O	D	0.1%
RMD	C	0.1%
AEP	C	0.1%
NVR	D	0.09%
PRU	A	0.09%
A	F	0.09%
SYF	B	0.09%
MAR	A	0.09%
PHM	D	0.09%
EBAY	D	0.09%
GDDY	A	0.09%
MPWR	F	0.09%
DECK	A	0.08%
GEHC	D	0.08%
NDAQ	A	0.08%
NSC	B	0.08%
UAL	A	0.08%
DLR	A	0.08%
SW	A	0.07%
XYL	D	0.07%
CSL	C	0.07%
CFG	A	0.07%
HUBB	B	0.07%
BLDR	D	0.07%
DOV	B	0.07%
HON	A	0.07%
OTIS	C	0.07%
CCI	C	0.07%
CCL	A	0.07%
VTR	C	0.07%
TYL	B	0.07%
ETR	A	0.07%
HBAN	A	0.07%
VLTO	D	0.07%
EIX	C	0.07%
RF	A	0.07%
LHX	B	0.07%
HPQ	A	0.07%
LII	A	0.06%
WSM	D	0.06%
ORLY	B	0.06%
BURL	A	0.06%
TPL	A	0.06%
PODD	A	0.06%
STT	A	0.06%
THC	C	0.06%
IBKR	A	0.06%
EXPE	A	0.06%
IFF	F	0.06%
EMR	A	0.06%
STX	D	0.06%
PEP	F	0.06%
WDC	F	0.06%
FSLR	D	0.06%
BRO	B	0.06%
NRG	B	0.06%
MTD	F	0.06%
ZBRA	B	0.06%
ZTS	D	0.06%
CW	B	0.05%
DE	C	0.05%
ITW	B	0.05%
PPL	A	0.05%
SRE	A	0.05%
DTE	C	0.05%
PKG	B	0.05%
SFM	B	0.05%
IQV	F	0.05%
HPE	B	0.05%
IP	A	0.05%
MAS	D	0.05%
CPAY	A	0.05%
GEN	B	0.05%
MLM	B	0.05%
TER	F	0.05%
CINF	A	0.05%
AZO	A	0.05%
EQR	C	0.05%
FIX	A	0.05%
PNR	A	0.05%
AJG	A	0.05%
TOL	B	0.05%
KEY	A	0.05%
KVUE	A	0.05%
COHR	C	0.05%
WAT	B	0.05%
SF	A	0.04%
BLD	F	0.04%
GNRC	B	0.04%
EVR	B	0.04%
XPO	B	0.04%
SRPT	F	0.04%
AME	A	0.04%
ERIE	F	0.04%
AON	A	0.04%
CDNS	B	0.04%
KDP	F	0.04%
RVTY	D	0.04%
EWBC	A	0.04%
UHS	D	0.04%
FAST	B	0.04%
JEF	A	0.04%
ESS	A	0.04%
MSCI	A	0.04%
MDLZ	F	0.04%
AIG	A	0.04%
DUOL	B	0.04%
DKS	D	0.04%
WSO	A	0.04%
JLL	C	0.04%
FDX	A	0.04%
TPR	A	0.04%
FNF	C	0.04%
USFD	B	0.04%
BALL	D	0.04%
EQH	B	0.04%
OMC	C	0.04%
VMC	B	0.04%
ACGL	D	0.04%
NTRS	A	0.04%
OC	A	0.04%
PFG	A	0.03%
EA	A	0.03%
SNV	B	0.03%
CVLT	B	0.03%
VRSK	B	0.03%
AWK	C	0.03%
FYBR	C	0.03%
MKC	D	0.03%
ONTO	F	0.03%
TECH	F	0.03%
VTRS	A	0.03%
AA	A	0.03%
GKOS	B	0.03%
FBIN	F	0.03%
CMA	B	0.03%
HLNE	B	0.03%
RL	B	0.03%
BWXT	A	0.03%
ALLY	C	0.03%
BR	A	0.03%
VICI	C	0.03%
FN	C	0.03%
FND	F	0.03%
RPM	A	0.03%
PTC	B	0.03%
SMCI	F	0.03%
ROP	C	0.03%
SCI	A	0.03%
NVT	C	0.03%
MTZ	B	0.03%
IDXX	F	0.03%
CASY	B	0.03%
DD	D	0.03%
NCLH	B	0.03%
KIM	A	0.03%
TTEK	F	0.03%
YUM	D	0.03%
JXN	B	0.03%
CACI	C	0.03%
HLI	B	0.03%
ALGN	C	0.03%
AYI	B	0.03%
AAON	B	0.03%
CG	B	0.03%
ALLE	D	0.03%
UDR	C	0.03%
BXP	D	0.03%
CUBE	C	0.03%
SBUX	A	0.03%
ATO	A	0.03%
EMN	C	0.03%
LUMN	C	0.03%
KEYS	C	0.03%
FFIV	B	0.03%
GME	C	0.03%
CPRT	A	0.03%
WTW	B	0.03%
BMY	B	0.03%
CTVA	D	0.03%
AVTR	F	0.03%
MLI	B	0.03%
CTSH	B	0.03%
EXP	B	0.03%
CRS	A	0.03%
ITT	A	0.03%
PCG	A	0.03%
LUV	A	0.03%
LAMR	D	0.03%
NI	A	0.03%
WAL	B	0.03%
CTLT	D	0.03%
PAYX	B	0.03%
PSX	C	0.03%
COR	B	0.03%
LYV	A	0.03%
PSTG	F	0.03%
CLH	C	0.03%
RJF	A	0.03%
MAA	A	0.03%
AEE	A	0.02%
KBH	D	0.02%
ALK	A	0.02%
KHC	F	0.02%
LNT	A	0.02%
J	D	0.02%
FANG	C	0.02%
CBSH	A	0.02%
ATR	B	0.02%
ANSS	B	0.02%
SHAK	B	0.02%
PIPR	A	0.02%
CYTK	D	0.02%
RGLD	A	0.02%
MCHP	F	0.02%
ADC	A	0.02%
H	B	0.02%
ABNB	C	0.02%
EPRT	C	0.02%
L	A	0.02%
LITE	B	0.02%
IBP	F	0.02%
DGX	A	0.02%
BRX	A	0.02%
WTFC	A	0.02%
UMBF	B	0.02%
VMI	B	0.02%
ADMA	C	0.02%
LNTH	F	0.02%
CHD	A	0.02%
STE	D	0.02%
AXTA	A	0.02%
BMI	C	0.02%
XEL	A	0.02%
KD	A	0.02%
MUSA	A	0.02%
MTG	C	0.02%
CROX	F	0.02%
SSD	D	0.02%
PRI	A	0.02%
TDY	B	0.02%
SKYW	B	0.02%
NWSA	B	0.02%
ENPH	F	0.02%
DPZ	C	0.02%
AVAV	C	0.02%
OLED	F	0.02%
INVH	D	0.02%
TPX	A	0.02%
ON	F	0.02%
ILMN	C	0.02%
WY	D	0.02%
CNM	C	0.02%
SKX	F	0.02%
PLNT	A	0.02%
RBC	A	0.02%
SLG	B	0.02%
DY	C	0.02%
R	B	0.02%
MATX	B	0.02%
AES	F	0.02%
AIZ	A	0.02%
TKO	C	0.02%
ENSG	D	0.02%
FSS	B	0.02%
AVY	D	0.02%
GAP	C	0.02%
MARA	C	0.02%
WWD	B	0.02%
EVRG	A	0.02%
FLR	B	0.02%
MASI	B	0.02%
KNSL	B	0.02%
SYY	B	0.02%
SSB	B	0.02%
TROW	A	0.02%
KNF	B	0.02%
DVA	C	0.02%
SWK	F	0.02%
HALO	D	0.02%
EAT	A	0.02%
MEDP	D	0.02%
ARMK	C	0.02%
CRUS	F	0.02%
STZ	D	0.02%
COKE	D	0.02%
FLS	A	0.02%
MTH	D	0.02%
COOP	B	0.02%
RYAN	B	0.02%
KEX	A	0.02%
MOG.A	B	0.02%
ACIW	B	0.02%
PFGC	B	0.02%
FTV	D	0.02%
HRB	D	0.02%
RDNT	B	0.02%
DOCS	B	0.02%
CSWI	A	0.02%
ATI	D	0.02%
ESAB	B	0.02%
FHN	A	0.02%
BRBR	A	0.02%
SNPS	C	0.02%
MKSI	C	0.02%
AMCR	D	0.02%
CIEN	B	0.02%
GIS	D	0.02%
ARE	F	0.02%
VNO	C	0.02%
TMHC	B	0.02%
APD	A	0.02%
AIT	A	0.02%
DOW	F	0.02%
TRMB	B	0.02%
WMS	F	0.02%
DTM	A	0.02%
LPX	A	0.02%
CR	B	0.02%
MTSI	B	0.02%
RRX	B	0.02%
GMED	A	0.02%
AWI	B	0.02%
ROL	A	0.02%
EHC	B	0.02%
ACM	B	0.02%
PNFP	A	0.02%
ZION	A	0.02%
MHK	D	0.02%
WEC	A	0.02%
ANF	C	0.02%
CHRW	A	0.02%
ELS	B	0.01%
ALE	A	0.01%
PBH	A	0.01%
PLUS	F	0.01%
AM	A	0.01%
LSTR	D	0.01%
GHC	B	0.01%
VSTO	A	0.01%
CMC	B	0.01%
FORM	F	0.01%
VNT	C	0.01%
ALRM	C	0.01%
WBS	A	0.01%
FUL	F	0.01%
AIR	B	0.01%
ASTH	F	0.01%
AGO	A	0.01%
HOMB	A	0.01%
UBSI	A	0.01%
CWEN	C	0.01%
PPBI	B	0.01%
URBN	C	0.01%
UCTT	F	0.01%
SLB	C	0.01%
QLYS	C	0.01%
OTTR	C	0.01%
CRVL	A	0.01%
THG	A	0.01%
GPC	D	0.01%
THO	B	0.01%
BANR	A	0.01%
WLK	F	0.01%
PFS	A	0.01%
MTX	B	0.01%
CARG	A	0.01%
WS	B	0.01%
MIDD	C	0.01%
NEU	D	0.01%
WTS	A	0.01%
VCEL	B	0.01%
X	C	0.01%
QRVO	F	0.01%
WTRG	B	0.01%
STC	A	0.01%
ADUS	D	0.01%
BDX	F	0.01%
TBBK	A	0.01%
FRT	C	0.01%
LGND	C	0.01%
VOYA	A	0.01%
NHC	B	0.01%
JBLU	D	0.01%
STAG	D	0.01%
GATX	A	0.01%
CPK	A	0.01%
HII	F	0.01%
EGP	D	0.01%
IEX	B	0.01%
VIRT	A	0.01%
PRG	B	0.01%
CDP	C	0.01%
PATK	C	0.01%
CE	F	0.01%
BRC	C	0.01%
PPC	B	0.01%
UCB	A	0.01%
JWN	C	0.01%
AVT	C	0.01%
SPSC	F	0.01%
BOX	B	0.01%
LECO	C	0.01%
CPRX	C	0.01%
NMIH	D	0.01%
B	A	0.01%
EOG	A	0.01%
WAFD	B	0.01%
RXO	C	0.01%
CVCO	B	0.01%
OGE	A	0.01%
ROIV	D	0.01%
PK	D	0.01%
APOG	B	0.01%
PRK	B	0.01%
SWKS	F	0.01%
CNK	A	0.01%
ATGE	B	0.01%
HSY	F	0.01%
SANM	B	0.01%
APPF	C	0.01%
GRBK	D	0.01%
NSA	C	0.01%
SWX	A	0.01%
CVS	D	0.01%
ACA	A	0.01%
MCY	A	0.01%
OGN	F	0.01%
PLMR	A	0.01%
KFY	B	0.01%
SEIC	A	0.01%
OLLI	D	0.01%
FDS	A	0.01%
PHIN	A	0.01%
NPO	A	0.01%
RUN	F	0.01%
CRL	D	0.01%
LMAT	A	0.01%
SKT	A	0.01%
MDU	D	0.01%
RS	B	0.01%
ELF	C	0.01%
SEM	B	0.01%
SFNC	B	0.01%
NDSN	C	0.01%
FMC	F	0.01%
DOCN	F	0.01%
HWC	B	0.01%
MKTX	D	0.01%
RLI	A	0.01%
YOU	D	0.01%
CPB	D	0.01%
CF	A	0.01%
PJT	B	0.01%
SATS	D	0.01%
CNC	F	0.01%
PTGX	D	0.01%
CHDN	C	0.01%
CFR	B	0.01%
ASB	B	0.01%
OUT	A	0.01%
AZZ	A	0.01%
DEI	B	0.01%
HOG	D	0.01%
CBU	B	0.01%
HBI	A	0.01%
SLVM	B	0.01%
CNP	A	0.01%
SIG	C	0.01%
CCK	D	0.01%
CNO	A	0.01%
SNA	A	0.01%
HNI	B	0.01%
JKHY	D	0.01%
AMG	A	0.01%
TREX	C	0.01%
ABCB	B	0.01%
FAF	C	0.01%
BKU	A	0.01%
AL	A	0.01%
AMKR	F	0.01%
TRN	A	0.01%
NOVT	D	0.01%
BA	F	0.01%
FBP	B	0.01%
RUSHA	B	0.01%
POST	D	0.01%
CTRE	D	0.01%
M	D	0.01%
TNL	A	0.01%
KRC	C	0.01%
BJ	B	0.01%
FNB	A	0.01%
ENV	B	0.01%
PPG	D	0.01%
INTC	C	0.01%
LYB	F	0.01%
WPC	D	0.01%
GVA	A	0.01%
FULT	A	0.01%
IBOC	A	0.01%
KMPR	A	0.01%
DT	C	0.01%
TXT	D	0.01%
CWK	B	0.01%
BCPC	B	0.01%
BOOT	C	0.01%
BGC	B	0.01%
DRI	B	0.01%
AOS	F	0.01%
REG	A	0.01%
TMDX	F	0.01%
GMS	B	0.01%
SBRA	C	0.01%
LH	B	0.01%
LNW	F	0.01%
NKE	F	0.01%
HWKN	B	0.01%
VRRM	F	0.01%
ZWS	B	0.01%
SMG	D	0.01%
MAC	A	0.01%
HASI	F	0.01%
EW	C	0.01%
ROK	B	0.01%
IIPR	F	0.01%
WD	D	0.01%
CDW	F	0.01%
AFG	A	0.01%
SITM	B	0.01%
IDCC	A	0.01%
GGG	A	0.01%
HIW	D	0.01%
CALM	A	0.01%
POOL	D	0.01%
POWL	C	0.01%
MORN	B	0.01%
GFF	B	0.01%
AMH	C	0.01%
DORM	B	0.01%
ITGR	B	0.01%
BKR	A	0.01%
HST	D	0.01%
RH	C	0.01%
INSP	F	0.01%
EXLS	B	0.01%
SBAC	C	0.01%
VVV	B	0.01%
RDN	D	0.01%
ODFL	B	0.01%
FR	D	0.01%
CNX	A	0.01%
SNX	C	0.01%
VLO	C	0.01%
BCC	A	0.01%
ESNT	D	0.01%
ORI	A	0.01%
GPI	B	0.01%
KMX	B	0.01%
FOX	A	0.01%
MC	B	0.01%
SAIA	C	0.01%
GBCI	A	0.01%
NSIT	F	0.01%
STLD	B	0.01%
TPH	D	0.01%
SMTC	C	0.01%
FTDR	B	0.01%
GEO	A	0.01%
GLPI	C	0.01%
BCO	F	0.01%
JHG	A	0.01%
VFC	C	0.01%
WCC	B	0.01%
UFPI	C	0.01%
AX	A	0.01%
AVNT	B	0.01%
GTES	A	0.01%
BAX	F	0.01%
EXPO	D	0.01%
MMSI	A	0.01%
KTB	A	0.01%
ICUI	D	0.01%
PB	A	0.01%
TTWO	A	0.01%
AROC	A	0.01%
PVH	C	0.01%
COLB	B	0.01%
LAD	A	0.01%
RNR	D	0.01%
RBA	A	0.01%
TFX	F	0.01%
SLM	A	0.01%
CADE	B	0.01%
FFIN	A	0.01%
CUZ	B	0.01%
IRT	A	0.01%
MHO	D	0.01%
ITRI	B	0.01%
LNC	B	0.01%
MPC	C	0.01%
SFBS	B	0.01%
CORT	C	0.01%
DCI	B	0.01%
ALTR	B	0.01%
ONB	B	0.01%
TGTX	C	0.01%
UNM	A	0.01%
KRYS	C	0.01%
BDC	B	0.01%
PI	D	0.01%
LRN	A	0.01%
STEP	B	0.01%
HOLX	D	0.01%
CBT	C	0.01%
PSN	C	0.01%
GPK	D	0.01%
FLGT	F	0.0%
BFS	C	0.0%
RGNX	F	0.0%
RES	F	0.0%
PAHC	B	0.0%
SLP	F	0.0%
HZO	F	0.0%
AOSL	D	0.0%
VSAT	F	0.0%
VTLE	C	0.0%
TR	A	0.0%
PCRX	C	0.0%
GDOT	D	0.0%
SPTN	F	0.0%
SEDG	F	0.0%
VIR	F	0.0%
PUMP	C	0.0%
HFWA	B	0.0%
RCUS	F	0.0%
AHCO	F	0.0%
MMI	B	0.0%
EYE	C	0.0%
BSIG	A	0.0%
XPEL	C	0.0%
WOLF	F	0.0%
CBRL	C	0.0%
AVNS	F	0.0%
OMI	F	0.0%
HRMY	D	0.0%
CLB	C	0.0%
PARR	D	0.0%
SBSI	B	0.0%
AORT	B	0.0%
BJRI	B	0.0%
TWI	F	0.0%
DEA	D	0.0%
TALO	C	0.0%
BLMN	F	0.0%
PBI	C	0.0%
LNN	B	0.0%
TGI	A	0.0%
QNST	C	0.0%
DAN	F	0.0%
PGNY	F	0.0%
DGII	B	0.0%
MYE	F	0.0%
FOXF	F	0.0%
HELE	C	0.0%
STAA	F	0.0%
AAT	C	0.0%
ALGM	F	0.0%
CSR	B	0.0%
PEB	F	0.0%
HLIT	F	0.0%
GOGO	C	0.0%
BHLB	B	0.0%
IART	C	0.0%
HOPE	B	0.0%
LEG	F	0.0%
MP	B	0.0%
VSTS	F	0.0%
AMPH	F	0.0%
WGO	C	0.0%
RCM	A	0.0%
FBNC	B	0.0%
DVAX	C	0.0%
NWBI	A	0.0%
FL	F	0.0%
CEVA	B	0.0%
BLFS	D	0.0%
UAA	B	0.0%
SABR	B	0.0%
CNXC	F	0.0%
FTRE	D	0.0%
ADNT	F	0.0%
UNIT	B	0.0%
ROG	D	0.0%
VSH	F	0.0%
LGIH	F	0.0%
CAR	C	0.0%
CNMD	C	0.0%
RNST	B	0.0%
NEO	C	0.0%
NBR	D	0.0%
EXTR	C	0.0%
GDEN	B	0.0%
ARWR	D	0.0%
SBCF	B	0.0%
YELP	C	0.0%
CXW	B	0.0%
VTOL	B	0.0%
ASTE	C	0.0%
HI	C	0.0%
EMBC	C	0.0%
VC	F	0.0%
JACK	C	0.0%
WERN	B	0.0%
MNRO	B	0.0%
DV	C	0.0%
DLX	A	0.0%
SCHL	F	0.0%
NVRI	F	0.0%
LBRT	F	0.0%
SLAB	F	0.0%
USNA	C	0.0%
ARCH	B	0.0%
HAIN	F	0.0%
PII	F	0.0%
COLM	B	0.0%
LCII	D	0.0%
ETD	D	0.0%
PENN	C	0.0%
VICR	C	0.0%
VAC	C	0.0%
PTEN	C	0.0%
POWI	D	0.0%
PCH	D	0.0%
ALGT	B	0.0%
GT	C	0.0%
PLAY	C	0.0%
UNF	B	0.0%
ORA	B	0.0%
HAFC	A	0.0%
CABO	C	0.0%
XNCR	B	0.0%
MSM	D	0.0%
FLO	D	0.0%
CFFN	B	0.0%
NWN	A	0.0%
IRWD	D	0.0%
WABC	B	0.0%
DXC	D	0.0%
CELH	F	0.0%
RC	D	0.0%
SJW	F	0.0%
ST	F	0.0%
PZZA	D	0.0%
LTC	B	0.0%
NGVT	B	0.0%
SEE	D	0.0%
AMN	F	0.0%
BRKL	B	0.0%
BYD	B	0.0%
UA	B	0.0%
NWL	B	0.0%
MODG	F	0.0%
SCL	D	0.0%
MATV	F	0.0%
ECPG	B	0.0%
JOE	F	0.0%
EPC	D	0.0%
HTLD	B	0.0%
AXL	C	0.0%
SM	C	0.0%
LEA	F	0.0%
SXC	A	0.0%
ALG	C	0.0%
FIZZ	B	0.0%
CNSL	B	0.0%
KOP	C	0.0%
MLKN	F	0.0%
XRAY	F	0.0%
BANF	B	0.0%
HPP	F	0.0%
DCOM	A	0.0%
AGCO	D	0.0%
WFRD	F	0.0%
ENR	A	0.0%
WT	A	0.0%
KELYA	F	0.0%
MD	B	0.0%
ENOV	C	0.0%
DAR	B	0.0%
AMSF	B	0.0%
USPH	C	0.0%
CGNX	D	0.0%
GES	F	0.0%
JAZZ	B	0.0%
LSCC	D	0.0%
NVEE	F	0.0%
DINO	D	0.0%
MTDR	B	0.0%
G	A	0.0%
SDGR	D	0.0%
GXO	B	0.0%
SVC	F	0.0%
HCI	C	0.0%
AIN	C	0.0%
MXL	D	0.0%
HMN	B	0.0%
KLIC	C	0.0%
PCTY	B	0.0%
AHH	C	0.0%
JBSS	F	0.0%
NSP	F	0.0%
MCRI	A	0.0%
NARI	B	0.0%
SCSC	B	0.0%
OI	D	0.0%
DRH	B	0.0%
JBGS	F	0.0%
GTLS	A	0.0%
SAFT	B	0.0%
TDW	F	0.0%
CWT	D	0.0%
RGEN	F	0.0%
GEF	B	0.0%
UTL	D	0.0%
OMCL	C	0.0%
LKFN	A	0.0%
KSS	F	0.0%
KALU	C	0.0%
HGV	C	0.0%
CHRD	D	0.0%
MAT	D	0.0%
HSIC	C	0.0%
AMR	C	0.0%
ACLS	F	0.0%
BEN	C	0.0%
GSHD	A	0.0%
VRTS	B	0.0%
BL	C	0.0%
GL	B	0.0%
WBA	F	0.0%
ROIC	A	0.0%
JJSF	C	0.0%
SHO	D	0.0%
CPRI	F	0.0%
RRC	B	0.0%
TRIP	D	0.0%
MATW	C	0.0%
LESL	C	0.0%
IPAR	C	0.0%
MGPI	F	0.0%
AR	B	0.0%
BHF	B	0.0%
CSGS	B	0.0%
XRX	F	0.0%
KLG	D	0.0%
PAYC	B	0.0%
LQDT	A	0.0%
PLAB	D	0.0%
CTS	B	0.0%
SOLV	C	0.0%
PR	B	0.0%
PRAA	C	0.0%
GO	C	0.0%
UPBD	C	0.0%
PEN	B	0.0%
EVTC	C	0.0%
OPCH	F	0.0%
JBT	A	0.0%
VRE	A	0.0%
TAP	B	0.0%
CC	C	0.0%
MPW	F	0.0%
SJM	D	0.0%
WNC	C	0.0%
ALB	C	0.0%
CERT	F	0.0%
COHU	D	0.0%
MTRN	C	0.0%
GNL	D	0.0%
BXMT	D	0.0%
DAY	B	0.0%
HRL	F	0.0%
ASIX	B	0.0%
MSEX	B	0.0%
UFCS	A	0.0%
COLL	F	0.0%
VIAV	B	0.0%
AAL	B	0.0%
AEIS	B	0.0%
NABL	F	0.0%
CZR	F	0.0%
PDFS	D	0.0%
EFC	C	0.0%
BMRN	F	0.0%
GPRE	F	0.0%
DLTR	F	0.0%
IIIN	C	0.0%
EXPI	C	0.0%
FCF	A	0.0%
NVST	C	0.0%
BG	D	0.0%
TMP	A	0.0%
MOS	D	0.0%
OVV	C	0.0%
BGS	F	0.0%
ARCB	C	0.0%
EPAM	B	0.0%
CALX	F	0.0%
HP	C	0.0%
FIVE	F	0.0%
THS	F	0.0%
AKAM	F	0.0%
SYNA	D	0.0%
KAR	A	0.0%
APA	F	0.0%
HCSG	B	0.0%
SHC	D	0.0%
JBL	C	0.0%
PDCO	D	0.0%
TKR	F	0.0%
IPGP	D	0.0%
BDN	D	0.0%
AWR	A	0.0%
MRNA	F	0.0%
BANC	B	0.0%
SAM	C	0.0%
DG	F	0.0%
RWT	D	0.0%
VSCO	A	0.0%
GTY	A	0.0%
PRGO	C	0.0%
ACHC	F	0.0%
JBHT	C	0.0%
FDP	A	0.0%
PRLB	B	0.0%
SHEN	F	0.0%
DNOW	B	0.0%
RGR	F	0.0%
ODP	F	0.0%
INN	D	0.0%
MTCH	F	0.0%
SMP	C	0.0%
YETI	F	0.0%
CAL	F	0.0%
UHT	D	0.0%
VRSN	F	0.0%
MRO	A	0.0%
CEIX	A	0.0%
AMWD	B	0.0%
ALKS	C	0.0%
CHH	A	0.0%
SSTK	F	0.0%
RYN	D	0.0%
VLY	A	0.0%
EGBN	B	0.0%
PNM	B	0.0%
ABR	B	0.0%
TGNA	B	0.0%
LXP	D	0.0%
TRST	A	0.0%
FWRD	D	0.0%
ATEN	A	0.0%
ARW	D	0.0%
WDFC	B	0.0%
NAVI	F	0.0%
TDC	F	0.0%
MRTN	C	0.0%
NEOG	D	0.0%
LFUS	D	0.0%
AVA	C	0.0%
AAP	C	0.0%
ANDE	C	0.0%
ICHR	C	0.0%
CAKE	B	0.0%
OLN	F	0.0%
SUPN	B	0.0%
BIO	D	0.0%
NX	C	0.0%
VVI	B	0.0%
COTY	F	0.0%
DIOD	F	0.0%
CVBF	A	0.0%
WEN	C	0.0%
CLF	F	0.0%
KN	B	0.0%
CTRA	A	0.0%
HUBG	A	0.0%
FHI	A	0.0%
VAL	F	0.0%
TILE	B	0.0%
PRGS	B	0.0%
PRA	B	0.0%
KMT	B	0.0%
TRUP	B	0.0%
PMT	D	0.0%
TTGT	C	0.0%
FCN	F	0.0%
MTUS	F	0.0%
ASO	F	0.0%
ALEX	B	0.0%
WWW	A	0.0%
WOR	F	0.0%
HTH	B	0.0%
CARS	B	0.0%
APTV	F	0.0%
GNTX	D	0.0%
SMPL	B	0.0%
BBWI	C	0.0%
VYX	C	0.0%
CRI	F	0.0%
TEX	D	0.0%
NTCT	B	0.0%
ASGN	F	0.0%
HAYW	A	0.0%
FCPT	C	0.0%
LVS	B	0.0%
ALV	C	0.0%
KWR	C	0.0%
WST	C	0.0%
LIVN	C	0.0%
TTMI	B	0.0%
CHCO	B	0.0%
BC	D	0.0%
LANC	D	0.0%
THRM	F	0.0%
UVV	B	0.0%
EL	F	0.0%
CHE	D	0.0%
DBX	C	0.0%
NXST	D	0.0%
SAH	B	0.0%
ARI	C	0.0%
ETSY	D	0.0%
PAYO	A	0.0%
EQT	A	0.0%
TRMK	B	0.0%
REX	C	0.0%
IRDM	D	0.0%
MGY	A	0.0%
IBTX	B	0.0%
SR	A	0.0%
LKQ	F	0.0%
MRCY	B	0.0%
INDB	A	0.0%
ZD	B	0.0%
PARA	D	0.0%
CCOI	B	0.0%
EIG	A	0.0%
NATL	C	0.0%
BKE	A	0.0%
SBH	A	0.0%
WBD	B	0.0%
PBF	D	0.0%
SXI	A	0.0%
OZK	A	0.0%
AMED	F	0.0%
CXT	D	0.0%
HAE	B	0.0%
CENTA	C	0.0%
UNFI	A	0.0%
TCBI	A	0.0%
REXR	F	0.0%
RAMP	C	0.0%
BHE	B	0.0%
ENS	D	0.0%
OXM	F	0.0%
PRDO	B	0.0%
MSGS	B	0.0%
RHI	C	0.0%
NWE	C	0.0%
CNXN	D	0.0%
ASH	F	0.0%
PECO	A	0.0%
BRKR	F	0.0%
DXCM	C	0.0%
CUBI	B	0.0%
OII	B	0.0%
HSII	B	0.0%
KNX	B	0.0%
BWA	B	0.0%
XHR	B	0.0%
DLB	D	0.0%
CSGP	F	0.0%
GPN	B	0.0%
AGYS	A	0.0%
LOPE	B	0.0%
GBX	A	0.0%
MGM	D	0.0%
CATY	A	0.0%
HUM	D	0.0%
ZBH	C	0.0%
ARLO	D	0.0%
HXL	F	0.0%
FFBC	A	0.0%
RMBS	C	0.0%
MSA	D	0.0%
TNDM	F	0.0%
ELME	D	0.0%
GIII	D	0.0%
BOH	B	0.0%
PSMT	D	0.0%
ABG	B	0.0%
ADM	D	0.0%
CHTR	B	0.0%
ROCK	C	0.0%
LULU	C	0.0%
CHX	C	0.0%
NFG	A	0.0%
VBTX	B	0.0%
SCVL	F	0.0%
OXY	D	0.0%
BKH	A	0.0%
CPF	A	0.0%
INVA	C	0.0%
MAN	F	0.0%
SNEX	A	0.0%
TTC	D	0.0%
WYNN	D	0.0%
SPNT	A	0.0%
APLE	B	0.0%
EPR	D	0.0%
STRA	C	0.0%
LZB	A	0.0%
SIGI	B	0.0%
OGS	A	0.0%
NOV	D	0.0%
FELE	B	0.0%
CRC	A	0.0%
SXT	C	0.0%
MUR	D	0.0%
REZI	A	0.0%
IPG	F	0.0%
PFBC	B	0.0%
MNST	B	0.0%
CCS	F	0.0%
AZTA	F	0.0%
NOG	A	0.0%
KBR	D	0.0%
CIVI	C	0.0%
FHB	B	0.0%
BLKB	C	0.0%
HQY	A	0.0%
OFG	B	0.0%
GNW	A	0.0%
POR	C	0.0%
SLGN	A	0.0%
NBTB	B	0.0%
LW	C	0.0%
BERY	C	0.0%
AKR	A	0.0%
APAM	A	0.0%
NJR	A	0.0%
MMS	D	0.0%
TDS	B	0.0%
LPG	F	0.0%
ESE	A	0.0%
CASH	B	0.0%
FBK	B	0.0%
NBHC	B	0.0%
STBA	B	0.0%
WH	B	0.0%
EEFT	C	0.0%
EPAC	B	0.0%
ANIP	D	0.0%
TNC	F	0.0%
HLX	C	0.0%
SHOO	D	0.0%
STWD	C	0.0%
TFIN	B	0.0%
AUB	A	0.0%
AEO	F	0.0%
CHEF	C	0.0%
MOH	F	0.0%
PLXS	B	0.0%
MYGN	F	0.0%
MYRG	C	0.0%
EG	D	0.0%
BFH	B	0.0%
UE	B	0.0%
CENX	B	0.0%
CNS	B	0.0%
ENVA	B	0.0%
UGI	C	0.0%
DFIN	D	0.0%
HCC	B	0.0%
ULTA	F	0.0%
WEX	F	0.0%
UFPT	C	0.0%
VECO	F	0.0%
WSFS	A	0.0%
OSIS	A	0.0%
WHD	B	0.0%
MGEE	A	0.0%
NWS	B	0.0%
ABM	B	0.0%
SAIC	D	0.0%
IOSP	C	0.0%
AN	D	0.0%
WKC	D	0.0%
WU	F	0.0%

MMTM Underweight 13 Positions Relative to BALI

Symbol	Grade	Weight
OMF	A	-1.1%
CCEP	D	-0.47%
HESM	A	-0.46%
NTRA	B	-0.33%
HUBS	B	-0.25%
SMAR	A	-0.12%
DDS	B	-0.11%
WCN	A	-0.06%
SNAP	D	-0.04%
MELI	D	-0.02%
FLEX	B	-0.02%
LEVI	F	-0.01%
XP	F	-0.01%