MMTM vs. BTAL ETF Comparison

Comparison of SPDR S&P 1500 Momentum Tilt ETF (MMTM) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)
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

$263.99

Average Daily Volume

2,284

Number of Holdings *

1438

* may have additional holdings in another (foreign) market
BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.40

Average Daily Volume

549,360

Number of Holdings *

391

* may have additional holdings in another (foreign) market
Performance
Period MMTM BTAL
30 Days 2.99% -1.58%
60 Days 7.40% -4.84%
90 Days 8.30% -4.37%
12 Months 39.16% -5.30%
328 Overlapping Holdings
Symbol Grade Weight in MMTM Weight in BTAL Overlap
AA C 0.03% -0.53% -0.53%
ABBV F 0.8% 0.37% 0.37%
ACGL C 0.04% 0.4% 0.04%
ACN B 0.14% 0.45% 0.14%
ADC A 0.02% 0.45% 0.02%
ADP A 0.15% 0.48% 0.15%
AEE B 0.01% 0.49% 0.01%
AES F 0.02% -0.34% -0.34%
AIZ A 0.02% 0.46% 0.02%
AKAM F 0.0% 0.38% 0.0%
ALB C 0.0% -0.51% -0.51%
ALGN D 0.03% -0.41% -0.41%
ALL B 0.12% 0.47% 0.12%
ALLY C 0.03% -0.38% -0.38%
AMCR D 0.02% 0.39% 0.02%
AMD F 0.72% -0.42% -0.42%
AMGN F 0.2% 0.4% 0.2%
AMKR F 0.01% -0.35% -0.35%
ANET C 0.35% -0.49% -0.49%
AON B 0.04% 0.48% 0.04%
AR B 0.0% -0.52% -0.52%
ARE F 0.02% -0.41% -0.41%
ARMK B 0.02% 0.46% 0.02%
ARW F 0.0% 0.37% 0.0%
ARWR C 0.0% -0.4% -0.4%
ASGN D 0.0% 0.44% 0.0%
AVB B 0.07% 0.45% 0.07%
AVGO C 2.85% -0.47% -0.47%
AVT C 0.01% 0.42% 0.01%
AWK D 0.03% -0.41% -0.41%
AXON B 0.11% -0.74% -0.74%
AXTA A 0.02% -0.49% -0.49%
AZO B 0.05% 0.33% 0.05%
BBWI C 0.0% -0.44% -0.44%
BG D 0.0% 0.38% 0.0%
BKR B 0.01% 0.53% 0.01%
BLD F 0.04% -0.41% -0.41%
BLDR C 0.07% -0.44% -0.44%
BMRN F 0.0% 0.31% 0.0%
BMY B 0.03% 0.53% 0.03%
BRO B 0.06% 0.48% 0.06%
BWA B 0.0% 0.45% 0.0%
BWXT B 0.02% 0.54% 0.02%
BX A 0.38% -0.56% -0.56%
BXP D 0.03% -0.47% -0.47%
CACI C 0.03% 0.53% 0.03%
CAR C 0.0% -0.5% -0.5%
CARR C 0.19% -0.46% -0.46%
CB C 0.18% 0.44% 0.18%
CBOE D 0.02% 0.41% 0.02%
CBRE B 0.13% -0.51% -0.51%
CC C 0.0% -0.44% -0.44%
CCK D 0.01% 0.46% 0.01%
CCL B 0.07% -0.63% -0.63%
CDP C 0.01% 0.47% 0.01%
CE F 0.01% -0.25% -0.25%
CEG D 0.25% -0.52% -0.52%
CELH F 0.0% -0.3% -0.3%
CF B 0.01% 0.44% 0.01%
CFG B 0.06% -0.48% -0.48%
CG B 0.03% -0.57% -0.57%
CHD A 0.02% 0.46% 0.02%
CHE D 0.0% 0.41% 0.0%
CHH B 0.0% 0.49% 0.0%
CHRW A 0.02% 0.45% 0.02%
CHX C 0.0% -0.43% -0.43%
CI D 0.04% 0.42% 0.04%
CINF A 0.05% 0.48% 0.05%
CLH B 0.04% 0.46% 0.04%
CMA A 0.03% -0.55% -0.55%
CME B 0.02% 0.47% 0.02%
CMG B 0.18% 0.46% 0.18%
CMS D 0.03% 0.44% 0.03%
CNC F 0.01% 0.32% 0.01%
CNM D 0.02% -0.37% -0.37%
CNXC F 0.0% -0.25% -0.25%
COHR C 0.06% -0.57% -0.57%
COLM B 0.0% 0.44% 0.0%
COR B 0.04% 0.46% 0.04%
COTY D 0.0% -0.34% -0.34%
CPB F 0.01% 0.38% 0.01%
CRL C 0.01% -0.47% -0.47%
CRWD B 0.2% -0.57% -0.57%
CSCO A 0.06% 0.5% 0.06%
CSGP F 0.0% -0.43% -0.43%
CSX B 0.04% 0.46% 0.04%
CTSH A 0.03% 0.46% 0.03%
CW C 0.05% 0.52% 0.05%
CWEN D 0.01% -0.41% -0.41%
CXT F 0.0% 0.42% 0.0%
CZR F 0.0% -0.46% -0.46%
D D 0.12% -0.45% -0.45%
DAL A 0.11% -0.69% -0.69%
DAR B 0.0% -0.45% -0.45%
DAY B 0.0% -0.6% -0.6%
DBX B 0.0% 0.49% 0.0%
DD D 0.03% 0.43% 0.03%
DECK B 0.07% 0.44% 0.07%
DELL C 0.12% -0.54% -0.54%
DGX B 0.02% 0.45% 0.02%
DINO D 0.0% -0.38% -0.38%
DKS D 0.04% -0.37% -0.37%
DLB D 0.0% 0.44% 0.0%
DRI B 0.01% 0.47% 0.01%
DUK D 0.13% 0.43% 0.13%
DUOL A 0.04% -0.65% -0.65%
DVN F 0.0% 0.37% 0.0%
ED D 0.03% 0.42% 0.03%
EFX F 0.1% -0.39% -0.39%
EG D 0.0% 0.42% 0.0%
EL F 0.0% -0.3% -0.3%
ELF C 0.01% -0.38% -0.38%
ELS B 0.0% 0.44% 0.0%
ELV F 0.06% 0.34% 0.06%
ENPH F 0.02% -0.22% -0.22%
EQR C 0.05% 0.43% 0.05%
EQT B 0.0% -0.59% -0.59%
ERIE F 0.04% 0.39% 0.04%
ETN B 0.4% -0.53% -0.53%
EW F 0.01% -0.42% -0.42%
EXP B 0.03% -0.55% -0.55%
EXPE B 0.06% -0.56% -0.56%
F C 0.02% -0.44% -0.44%
FANG C 0.02% 0.39% 0.02%
FBIN F 0.03% -0.43% -0.43%
FCN F 0.0% 0.4% 0.0%
FCX F 0.17% -0.42% -0.42%
FFIV B 0.03% 0.53% 0.03%
FLO F 0.0% 0.41% 0.0%
FMC F 0.01% 0.37% 0.01%
FND F 0.03% -0.4% -0.4%
FOXA A 0.02% 0.49% 0.02%
FOXF F 0.0% 0.37% 0.0%
FTNT B 0.09% 0.56% 0.09%
FYBR D 0.03% -0.52% -0.52%
G B 0.0% 0.51% 0.0%
GD C 0.08% 0.45% 0.08%
GILD B 0.05% 0.53% 0.05%
GIS F 0.02% 0.39% 0.02%
GLPI D 0.01% 0.42% 0.01%
GLW B 0.11% 0.49% 0.11%
GME C 0.03% -0.57% -0.57%
GNRC B 0.04% -0.53% -0.53%
GPC D 0.01% 0.37% 0.01%
GTLS B 0.0% -0.6% -0.6%
HIG C 0.09% 0.45% 0.09%
HON B 0.06% 0.48% 0.06%
HPQ B 0.08% 0.45% 0.08%
HQY B 0.0% 0.57% 0.0%
HRB D 0.02% 0.4% 0.02%
HUM D 0.0% 0.35% 0.0%
IBKR A 0.06% 0.61% 0.06%
IBM D 0.51% 0.46% 0.46%
IDXX F 0.03% -0.4% -0.4%
ILMN C 0.02% -0.49% -0.49%
INTC C 0.01% -0.53% -0.53%
ITT A 0.03% -0.49% -0.49%
J D 0.02% 0.43% 0.02%
JAZZ B 0.0% 0.48% 0.0%
JHG A 0.01% -0.53% -0.53%
JLL C 0.04% -0.47% -0.47%
JNJ D 0.17% 0.41% 0.17%
JNPR D 0.03% 0.43% 0.03%
KBR D 0.0% 0.45% 0.0%
KHC F 0.02% 0.39% 0.02%
KKR B 0.34% -0.55% -0.55%
KMI B 0.1% 0.55% 0.1%
KMX B 0.01% -0.4% -0.4%
KO F 0.33% 0.38% 0.33%
KR A 0.05% 0.49% 0.05%
KRC C 0.01% -0.48% -0.48%
KSS D 0.0% -0.41% -0.41%
L A 0.02% 0.45% 0.02%
LAMR D 0.04% -0.47% -0.47%
LITE B 0.01% -0.66% -0.66%
LMT D 0.16% 0.41% 0.16%
LNC B 0.01% -0.49% -0.49%
LNT C 0.01% 0.45% 0.01%
LPX A 0.02% -0.51% -0.51%
LRCX F 0.21% -0.39% -0.39%
LULU B 0.0% 0.5% 0.0%
LYV A 0.03% -0.6% -0.6%
MAN F 0.0% 0.37% 0.0%
MCD C 0.13% 0.43% 0.13%
MCK B 0.02% 0.51% 0.02%
MDU D 0.01% 0.31% 0.01%
MGM D 0.0% -0.43% -0.43%
MKC D 0.03% 0.42% 0.03%
MKSI C 0.02% -0.42% -0.42%
MMC D 0.07% 0.42% 0.07%
MOH F 0.0% 0.4% 0.0%
MOS D 0.0% 0.39% 0.0%
MPWR F 0.13% -0.27% -0.27%
MRNA F 0.0% -0.24% -0.24%
MSA D 0.0% 0.42% 0.0%
MSFT C 3.13% 0.44% 0.44%
MSI B 0.22% 0.51% 0.22%
MSM C 0.0% 0.47% 0.0%
MTCH F 0.0% 0.36% 0.0%
MTDR B 0.0% -0.44% -0.44%
MU D 0.33% -0.46% -0.46%
MUR D 0.0% 0.37% 0.0%
MUSA B 0.02% 0.44% 0.02%
NEM F 0.12% 0.34% 0.12%
NEU C 0.01% 0.46% 0.01%
NOC D 0.03% 0.44% 0.03%
NRG C 0.07% -0.49% -0.49%
NTRS A 0.04% -0.53% -0.53%
NVDA A 12.83% -0.51% -0.51%
NVT C 0.03% -0.5% -0.5%
NWE C 0.0% -0.45% -0.45%
NWL B 0.0% 0.55% 0.0%
O D 0.1% 0.4% 0.1%
OC A 0.04% -0.45% -0.45%
OHI C 0.01% 0.45% 0.01%
OLLI C 0.01% 0.42% 0.01%
ON F 0.02% 0.4% 0.02%
ORI A 0.01% 0.46% 0.01%
ORLY A 0.06% 0.51% 0.06%
OXY F 0.0% 0.38% 0.0%
OZK B 0.0% -0.49% -0.49%
PAG B 0.0% 0.42% 0.0%
PAYC B 0.0% 0.62% 0.0%
PAYX B 0.03% 0.49% 0.03%
PCAR B 0.05% 0.53% 0.05%
PCTY B 0.0% 0.57% 0.0%
PEN C 0.0% -0.51% -0.51%
PENN B 0.0% -0.49% -0.49%
PFE F 0.02% 0.39% 0.02%
PFGC B 0.02% -0.51% -0.51%
PGR A 0.42% 0.46% 0.42%
PKG B 0.05% 0.5% 0.05%
PLD D 0.12% -0.38% -0.38%
PLTR B 0.37% -0.85% -0.85%
PNFP B 0.02% -0.56% -0.56%
PNM B 0.0% 0.48% 0.0%
PNW A 0.01% 0.45% 0.01%
PODD B 0.05% -0.63% -0.63%
POWI D 0.0% -0.43% -0.43%
PWR B 0.15% -0.51% -0.51%
PYPL A 0.2% -0.53% -0.53%
REG A 0.01% 0.45% 0.01%
RF A 0.07% -0.5% -0.5%
RGA A 0.03% 0.47% 0.03%
RGEN C 0.0% -0.45% -0.45%
RH C 0.01% -0.55% -0.55%
RLI A 0.01% 0.51% 0.01%
RMBS C 0.0% -0.54% -0.54%
RMD C 0.11% -0.46% -0.46%
RNR D 0.01% 0.46% 0.01%
ROIV D 0.01% -0.43% -0.43%
ROP A 0.03% 0.47% 0.03%
RRC B 0.0% -0.5% -0.5%
RSG B 0.07% 0.44% 0.07%
RTX D 0.39% 0.45% 0.39%
RUN F 0.01% -0.21% -0.21%
RYAN B 0.02% 0.48% 0.02%
RYN F 0.0% -0.43% -0.43%
SAIA B 0.01% -0.62% -0.62%
SAIC D 0.01% 0.51% 0.01%
SBRA C 0.01% 0.5% 0.01%
SCHW B 0.11% -0.54% -0.54%
SEDG F 0.0% -0.21% -0.21%
SEE C 0.0% -0.45% -0.45%
SFM B 0.05% 0.62% 0.05%
SHW A 0.25% -0.48% -0.48%
SIGI B 0.0% 0.49% 0.0%
SLGN B 0.0% 0.46% 0.0%
SMCI F 0.04% -0.18% -0.18%
SMG D 0.01% -0.46% -0.46%
SNA A 0.01% 0.56% 0.01%
SNV B 0.03% -0.57% -0.57%
SNX C 0.01% 0.42% 0.01%
SRPT F 0.04% 0.35% 0.04%
SSD F 0.02% -0.44% -0.44%
ST F 0.0% 0.37% 0.0%
T A 0.38% 0.49% 0.38%
TDY B 0.02% 0.5% 0.02%
TER F 0.05% -0.35% -0.35%
TFX F 0.01% -0.36% -0.36%
TGNA B 0.0% 0.56% 0.0%
TGT C 0.16% -0.43% -0.43%
THG A 0.01% 0.51% 0.01%
THO B 0.01% -0.45% -0.45%
TJX A 0.2% 0.43% 0.2%
TMUS A 0.25% 0.49% 0.25%
TOL B 0.05% -0.47% -0.47%
TREX C 0.01% -0.49% -0.49%
TROW A 0.02% -0.48% -0.48%
TRV B 0.12% 0.51% 0.12%
TSLA B 0.96% -0.68% -0.68%
TT B 0.3% -0.51% -0.51%
TXRH A 0.04% 0.51% 0.04%
TXT D 0.01% 0.42% 0.01%
UBER F 0.46% -0.44% -0.44%
UGI D 0.0% -0.43% -0.43%
UNH B 0.15% 0.44% 0.15%
UNM A 0.01% 0.56% 0.01%
URI B 0.19% -0.54% -0.54%
USB B 0.19% -0.49% -0.49%
USFD B 0.04% -0.51% -0.51%
UTHR B 0.05% 0.5% 0.05%
VFC C 0.01% 0.49% 0.01%
VICI D 0.03% 0.41% 0.03%
VNO C 0.02% -0.55% -0.55%
VRSN C 0.0% 0.44% 0.0%
VST B 0.16% -0.74% -0.74%
VTRS B 0.03% 0.48% 0.03%
VZ D 0.26% 0.42% 0.26%
WAL B 0.03% -0.51% -0.51%
WBA D 0.0% -0.42% -0.42%
WCC B 0.01% -0.55% -0.55%
WEC B 0.02% 0.46% 0.02%
WELL B 0.21% 0.49% 0.21%
WEN C 0.0% 0.47% 0.0%
WH A 0.0% 0.55% 0.0%
WM A 0.09% 0.46% 0.09%
WMS F 0.03% -0.37% -0.37%
WOLF F 0.0% -0.3% -0.3%
WPC F 0.01% 0.4% 0.01%
WRB B 0.02% 0.44% 0.02%
WTW A 0.03% 0.46% 0.03%
X D 0.01% 0.46% 0.01%
XEL A 0.02% 0.49% 0.02%
XOM B 0.24% 0.44% 0.24%
XPO B 0.04% -0.56% -0.56%
YUM B 0.03% 0.43% 0.03%
ZION B 0.02% -0.54% -0.54%
MMTM Overweight 1110 Positions Relative to BTAL
Symbol Grade Weight
AAPL C 5.9%
META B 4.07%
AMZN A 4.05%
LLY F 1.75%
JPM A 1.75%
GOOGL C 1.62%
BRK.A B 1.29%
GOOG C 1.18%
COST B 1.13%
NFLX A 1.01%
HD B 0.89%
WMT A 0.88%
ORCL A 0.88%
BAC A 0.79%
GE D 0.64%
ISRG A 0.59%
CAT B 0.59%
MA B 0.58%
GS B 0.55%
NOW A 0.54%
WFC A 0.53%
AXP B 0.51%
CRM B 0.51%
QCOM F 0.5%
TXN B 0.45%
PM B 0.43%
AMAT F 0.42%
BKNG A 0.4%
TMO F 0.4%
SPGI C 0.39%
MS A 0.39%
NEE D 0.37%
DHR F 0.36%
BSX A 0.36%
C B 0.36%
LOW B 0.34%
V A 0.32%
GEV B 0.31%
FI A 0.31%
KLAC F 0.27%
ADI D 0.27%
PANW B 0.26%
PH A 0.26%
APH B 0.25%
TDG D 0.24%
PNC B 0.24%
PG C 0.24%
MMM C 0.23%
ICE C 0.22%
HCA D 0.21%
CTAS B 0.21%
MCO C 0.19%
SYK A 0.19%
FICO B 0.18%
SO D 0.18%
LIN D 0.18%
BK B 0.17%
COF B 0.17%
MO A 0.17%
TFC B 0.17%
GM B 0.17%
RCL A 0.17%
ABT C 0.16%
ECL C 0.16%
HLT A 0.15%
SPG A 0.15%
VRTX B 0.15%
JCI A 0.15%
MDT D 0.15%
INTU A 0.15%
CL F 0.15%
HWM B 0.15%
DHI D 0.15%
OKE A 0.14%
PSA D 0.14%
FIS B 0.14%
WMB B 0.13%
TRGP B 0.13%
AMP A 0.13%
LEN D 0.13%
DFS B 0.13%
REGN F 0.13%
MRK F 0.12%
IR A 0.12%
CMI A 0.12%
UNP D 0.12%
GWW B 0.12%
AFL C 0.12%
NXPI F 0.12%
ADSK B 0.12%
AMT F 0.12%
AEP D 0.11%
EXR D 0.11%
DIS B 0.11%
IRM D 0.11%
GRMN A 0.1%
MTB A 0.1%
FITB A 0.1%
MET C 0.1%
WAB B 0.1%
IT B 0.1%
PEG C 0.1%
NVR D 0.09%
GDDY B 0.09%
MAR A 0.09%
EBAY C 0.09%
PHM D 0.09%
A F 0.09%
LDOS C 0.08%
EME B 0.08%
UAL A 0.08%
NDAQ B 0.08%
TSCO D 0.08%
NSC B 0.08%
GEHC D 0.08%
PRU B 0.08%
DLR C 0.08%
SYF B 0.08%
CSL B 0.07%
STX D 0.07%
XYL F 0.07%
DOV A 0.07%
WDC D 0.07%
TYL B 0.07%
SW B 0.07%
OTIS D 0.07%
CCI F 0.07%
VTR C 0.07%
HUBB C 0.07%
EQIX B 0.07%
ETR B 0.07%
HBAN A 0.07%
EIX C 0.07%
MTD F 0.07%
VLTO D 0.07%
CVX A 0.07%
LHX B 0.07%
NTAP D 0.07%
LII B 0.06%
BURL C 0.06%
WAT B 0.06%
TPL B 0.06%
WSM F 0.06%
STT B 0.06%
EMR A 0.06%
IFF F 0.06%
THC B 0.06%
PEP D 0.06%
FSLR F 0.06%
ROST D 0.06%
ZTS D 0.06%
K A 0.06%
ZBRA B 0.06%
PPL A 0.05%
CPAY A 0.05%
DTE D 0.05%
SRE B 0.05%
CMCSA B 0.05%
ITW B 0.05%
DE D 0.05%
GEN B 0.05%
HPE B 0.05%
MAS D 0.05%
BBY C 0.05%
PNR A 0.05%
IQV F 0.05%
MLM B 0.05%
KVUE A 0.05%
AJG A 0.05%
FIX B 0.05%
KEY B 0.05%
AVTR F 0.04%
AME A 0.04%
KMB D 0.04%
EVR B 0.04%
KDP C 0.04%
JEF B 0.04%
EWBC B 0.04%
CDNS B 0.04%
MSCI B 0.04%
TPR A 0.04%
PSTG D 0.04%
ESS C 0.04%
FAST B 0.04%
UHS D 0.04%
MDLZ F 0.04%
AIG B 0.04%
RVTY C 0.04%
FDX B 0.04%
FNF C 0.04%
BALL D 0.04%
WSO B 0.04%
DOC C 0.04%
MANH C 0.04%
CLX A 0.04%
OMC A 0.04%
EQH B 0.04%
IP B 0.04%
VMC B 0.04%
EHC B 0.03%
ACM B 0.03%
CVLT B 0.03%
MHK D 0.03%
DOW F 0.03%
BR A 0.03%
HLNE B 0.03%
MTSI B 0.03%
GKOS B 0.03%
RPM A 0.03%
AAON B 0.03%
PTC B 0.03%
TECH D 0.03%
ONTO F 0.03%
RL B 0.03%
FN C 0.03%
SCI B 0.03%
KIM A 0.03%
NCLH B 0.03%
MTZ B 0.03%
CASY B 0.03%
AYI A 0.03%
ES D 0.03%
SBUX B 0.03%
UDR C 0.03%
HLI B 0.03%
ATO B 0.03%
CUBE D 0.03%
ALLE D 0.03%
CPT C 0.03%
CPRT A 0.03%
EMN D 0.03%
JXN C 0.03%
LUV B 0.03%
PCG A 0.03%
NI A 0.03%
WING D 0.03%
LUMN C 0.03%
CTVA C 0.03%
TTEK F 0.03%
PSX C 0.03%
CRS B 0.03%
KEYS C 0.03%
MLI B 0.03%
RJF A 0.03%
CTLT D 0.03%
MAA C 0.03%
SF A 0.03%
KRYS C 0.02%
GPK D 0.02%
KBH D 0.02%
ATR A 0.02%
BDC C 0.02%
H B 0.02%
CBT C 0.02%
EPRT C 0.02%
PIPR B 0.02%
WTFC B 0.02%
CYTK C 0.02%
PI D 0.02%
ADMA C 0.02%
ANSS B 0.02%
BRX A 0.02%
UMBF B 0.02%
PSN C 0.02%
STE D 0.02%
SHAK C 0.02%
RGLD C 0.02%
VMI B 0.02%
KD A 0.02%
IBP F 0.02%
BMI B 0.02%
PRI B 0.02%
MTG C 0.02%
ABNB C 0.02%
CROX F 0.02%
TPX B 0.02%
SKYW B 0.02%
NWSA B 0.02%
DY C 0.02%
MCHP F 0.02%
INVH D 0.02%
PLNT A 0.02%
MARA B 0.02%
R B 0.02%
DOCS B 0.02%
LNTH F 0.02%
DPZ C 0.02%
MATX B 0.02%
IVZ B 0.02%
RBC B 0.02%
FSS C 0.02%
KNSL C 0.02%
WY F 0.02%
SKX F 0.02%
TKO D 0.02%
EVRG A 0.02%
GAP B 0.02%
RDNT B 0.02%
ENSG C 0.02%
EAT B 0.02%
DVA C 0.02%
AVY F 0.02%
AVAV C 0.02%
SLG C 0.02%
TSN B 0.02%
MASI B 0.02%
STZ D 0.02%
OLED F 0.02%
WWD B 0.02%
SSB B 0.02%
ADBE C 0.02%
COKE C 0.02%
NYT C 0.02%
KEX A 0.02%
SYY D 0.02%
FLS B 0.02%
CRUS F 0.02%
FTV C 0.02%
COOP B 0.02%
BRBR A 0.02%
KNF C 0.02%
MTH D 0.02%
MEDP D 0.02%
FHN A 0.02%
SWK F 0.02%
MOG.A B 0.02%
CSWI B 0.02%
HALO C 0.02%
ATI F 0.02%
AIT A 0.02%
FLR C 0.02%
CIEN B 0.02%
DTM A 0.02%
APD B 0.02%
ACIW B 0.02%
ESAB B 0.02%
CAH B 0.02%
SNPS C 0.02%
TMHC B 0.02%
ROL C 0.02%
INGR B 0.02%
CR B 0.02%
TRMB B 0.02%
AWI B 0.02%
GMED B 0.02%
ANF C 0.02%
EA A 0.02%
FE D 0.02%
PFG C 0.02%
RRX B 0.02%
VRSK A 0.02%
HAS D 0.02%
AIR B 0.01%
ALRM C 0.01%
VSTO A 0.01%
MYGN F 0.01%
LSTR B 0.01%
VECO F 0.01%
AM B 0.01%
AGO B 0.01%
WBS A 0.01%
CMC B 0.01%
HOMB A 0.01%
URBN C 0.01%
HCC C 0.01%
UFPT C 0.01%
UBSI B 0.01%
JBLU C 0.01%
CARG B 0.01%
SLB C 0.01%
BANR B 0.01%
PPBI B 0.01%
VNT C 0.01%
FUL F 0.01%
VCEL B 0.01%
FORM F 0.01%
PFS B 0.01%
CRVL B 0.01%
QLYS B 0.01%
KRG B 0.01%
WTS B 0.01%
OTTR C 0.01%
MTX B 0.01%
STC C 0.01%
VIRT B 0.01%
WS B 0.01%
CPK A 0.01%
WLK F 0.01%
MIDD D 0.01%
UCTT F 0.01%
TBBK B 0.01%
BDX F 0.01%
PLUS F 0.01%
WTRG C 0.01%
FRT B 0.01%
PATK C 0.01%
VOYA B 0.01%
EOG A 0.01%
IEX B 0.01%
UCB B 0.01%
PRG B 0.01%
GATX B 0.01%
HII F 0.01%
NHC B 0.01%
EGP D 0.01%
ADUS D 0.01%
STAG D 0.01%
QRVO F 0.01%
JWN B 0.01%
BRC B 0.01%
BOX A 0.01%
NMIH D 0.01%
CVCO B 0.01%
WAFD B 0.01%
B A 0.01%
PPC C 0.01%
SPSC F 0.01%
PLMR A 0.01%
PK C 0.01%
OGE B 0.01%
HSY F 0.01%
PRK B 0.01%
APOG B 0.01%
LGND C 0.01%
SWX B 0.01%
LECO C 0.01%
CNK B 0.01%
APPF B 0.01%
RXO C 0.01%
CPRX C 0.01%
FDS A 0.01%
MCY B 0.01%
GRBK D 0.01%
ACA B 0.01%
NSA D 0.01%
SEIC A 0.01%
PHIN B 0.01%
ATGE C 0.01%
CVS F 0.01%
KFY B 0.01%
ASTH F 0.01%
NPO B 0.01%
SANM C 0.01%
SWKS F 0.01%
SKT A 0.01%
LMAT B 0.01%
OGN F 0.01%
HWC B 0.01%
SFNC B 0.01%
RS C 0.01%
DOCN C 0.01%
NDSN B 0.01%
OUT B 0.01%
EXEL B 0.01%
SEM C 0.01%
PJT B 0.01%
CFR B 0.01%
MKTX C 0.01%
ASB B 0.01%
AZZ B 0.01%
BKU A 0.01%
CBU B 0.01%
CNP B 0.01%
CNO B 0.01%
FAF C 0.01%
YOU D 0.01%
AL B 0.01%
AMG B 0.01%
HNI B 0.01%
CHDN B 0.01%
SIG B 0.01%
HOG D 0.01%
DEI B 0.01%
ABCB B 0.01%
TRN B 0.01%
FBP B 0.01%
FNB B 0.01%
TNL A 0.01%
HBI B 0.01%
JKHY C 0.01%
POST D 0.01%
KMPR A 0.01%
ENV B 0.01%
RUSHA B 0.01%
CTRE C 0.01%
FULT B 0.01%
BJ B 0.01%
SLVM C 0.01%
PPG F 0.01%
IBOC B 0.01%
NOVT C 0.01%
PTGX D 0.01%
GVA B 0.01%
M C 0.01%
SATS D 0.01%
GFF B 0.01%
BA F 0.01%
TMDX F 0.01%
BCPC B 0.01%
DT C 0.01%
LYB F 0.01%
HWKN C 0.01%
GMS B 0.01%
BOOT C 0.01%
AFG A 0.01%
ROK B 0.01%
LH B 0.01%
VRRM D 0.01%
NKE F 0.01%
INCY B 0.01%
ZWS B 0.01%
MAC B 0.01%
AOS F 0.01%
CWK C 0.01%
CAG F 0.01%
GGG B 0.01%
IDCC B 0.01%
CALM B 0.01%
BGC C 0.01%
AMH C 0.01%
UPS C 0.01%
WD D 0.01%
DORM B 0.01%
FOX A 0.01%
MORN B 0.01%
LNW F 0.01%
ITGR B 0.01%
IIPR F 0.01%
VLO C 0.01%
RDN C 0.01%
CNX B 0.01%
POOL D 0.01%
EXLS B 0.01%
COP C 0.01%
GPI B 0.01%
GEO B 0.01%
ODFL B 0.01%
HIW D 0.01%
ESNT D 0.01%
VVV B 0.01%
FR D 0.01%
SBAC D 0.01%
HST D 0.01%
BCC B 0.01%
GBCI B 0.01%
MC B 0.01%
EXPD C 0.01%
SITM B 0.01%
CDW F 0.01%
TPH C 0.01%
HASI F 0.01%
EXC C 0.01%
AX B 0.01%
POWL C 0.01%
PB B 0.01%
UFPI B 0.01%
FTDR B 0.01%
AROC B 0.01%
KTB A 0.01%
TGTX B 0.01%
TTWO A 0.01%
AVNT B 0.01%
COLB A 0.01%
STLD C 0.01%
MMSI B 0.01%
SMTC C 0.01%
RBA B 0.01%
LAD B 0.01%
GTES B 0.01%
BCO F 0.01%
PVH C 0.01%
INSP F 0.01%
SLM A 0.01%
IRT A 0.01%
FFIN B 0.01%
CADE B 0.01%
ICUI D 0.01%
MPC D 0.01%
NSIT F 0.01%
EXPO D 0.01%
SFBS B 0.01%
CORT B 0.01%
ONB B 0.01%
CUZ B 0.01%
DCI A 0.01%
ALTR C 0.01%
NNN F 0.01%
LRN B 0.01%
STEP B 0.01%
ALK A 0.01%
CBSH A 0.01%
ITRI B 0.01%
MHO D 0.01%
HOLX D 0.01%
BAX F 0.01%
BFS C 0.0%
FLGT F 0.0%
RGNX D 0.0%
PAHC B 0.0%
RES F 0.0%
AOSL D 0.0%
TR B 0.0%
SLP F 0.0%
VTLE C 0.0%
HZO F 0.0%
PCRX C 0.0%
VSAT F 0.0%
HFWA B 0.0%
SPTN F 0.0%
GDOT C 0.0%
AHCO F 0.0%
PUMP C 0.0%
MMI B 0.0%
RCUS F 0.0%
XPEL B 0.0%
VIR C 0.0%
BSIG B 0.0%
EYE C 0.0%
PARR F 0.0%
CBRL C 0.0%
OMI F 0.0%
AVNS F 0.0%
CLB C 0.0%
HRMY D 0.0%
SBSI B 0.0%
TGI B 0.0%
BJRI B 0.0%
AORT C 0.0%
TWI F 0.0%
TALO C 0.0%
DEA D 0.0%
HELE C 0.0%
LNN B 0.0%
DGII B 0.0%
MYE F 0.0%
DAN D 0.0%
QNST C 0.0%
PBI C 0.0%
AAT B 0.0%
HLIT D 0.0%
CSR B 0.0%
PGNY F 0.0%
BHLB B 0.0%
GOGO C 0.0%
BLMN F 0.0%
ALGM F 0.0%
STAA F 0.0%
PEB F 0.0%
HOPE B 0.0%
DVAX B 0.0%
VSTS D 0.0%
LEG F 0.0%
IART C 0.0%
MP C 0.0%
FTRE D 0.0%
FBNC B 0.0%
WGO B 0.0%
AMPH C 0.0%
SABR B 0.0%
RCM B 0.0%
NWBI B 0.0%
FL F 0.0%
ADNT D 0.0%
CEVA B 0.0%
GDEN B 0.0%
LGIH F 0.0%
RNST B 0.0%
NEO B 0.0%
UNIT C 0.0%
UAA B 0.0%
ROG D 0.0%
CNMD C 0.0%
VSH F 0.0%
SBCF B 0.0%
BLFS C 0.0%
EXTR C 0.0%
NBR C 0.0%
HI C 0.0%
YELP C 0.0%
ASTE B 0.0%
CXW B 0.0%
VTOL B 0.0%
EMBC C 0.0%
VC F 0.0%
WERN B 0.0%
JACK C 0.0%
DLX B 0.0%
MNRO B 0.0%
DV C 0.0%
NVRI F 0.0%
SCHL F 0.0%
LBRT F 0.0%
USNA C 0.0%
ARCH B 0.0%
SLAB F 0.0%
LCII D 0.0%
ETD D 0.0%
PII F 0.0%
ALGT B 0.0%
HAIN F 0.0%
PTEN C 0.0%
PCH F 0.0%
VAC B 0.0%
CABO B 0.0%
UNF B 0.0%
HAFC B 0.0%
PLAY C 0.0%
VICR C 0.0%
GT C 0.0%
ORA B 0.0%
XNCR B 0.0%
NWN B 0.0%
CFFN B 0.0%
WABC B 0.0%
RC D 0.0%
DXC B 0.0%
BRKL B 0.0%
SJW F 0.0%
LTC B 0.0%
BYD A 0.0%
IRWD D 0.0%
NGVT B 0.0%
ECPG C 0.0%
HTLD B 0.0%
SCL C 0.0%
PZZA D 0.0%
SM C 0.0%
AXL C 0.0%
UA B 0.0%
SXC B 0.0%
LEA F 0.0%
JOE F 0.0%
EPC F 0.0%
FIZZ C 0.0%
XRAY F 0.0%
ALG B 0.0%
CNSL C 0.0%
MATV F 0.0%
BANF B 0.0%
MODG F 0.0%
MLKN D 0.0%
KOP C 0.0%
DCOM B 0.0%
WT B 0.0%
WHR B 0.0%
AGCO F 0.0%
ENR A 0.0%
AMSF B 0.0%
WFRD F 0.0%
SDGR C 0.0%
ENOV C 0.0%
MD C 0.0%
HPP F 0.0%
USPH C 0.0%
GES F 0.0%
CGNX C 0.0%
GXO B 0.0%
HCI B 0.0%
MXL C 0.0%
AIN C 0.0%
KELYA F 0.0%
OI C 0.0%
MCRI A 0.0%
LSCC D 0.0%
HMN B 0.0%
AHH D 0.0%
SAFT B 0.0%
LKFN B 0.0%
NVEE F 0.0%
AMN F 0.0%
DRH C 0.0%
SCSC B 0.0%
JBSS F 0.0%
GEF B 0.0%
UTL C 0.0%
HGV B 0.0%
KLIC C 0.0%
CWT D 0.0%
NARI C 0.0%
NSP F 0.0%
GSHD B 0.0%
SVC F 0.0%
KALU C 0.0%
CHRD D 0.0%
BEN C 0.0%
VRTS B 0.0%
JBGS F 0.0%
MAT C 0.0%
BL B 0.0%
AMR C 0.0%
HSIC F 0.0%
GL B 0.0%
ROIC A 0.0%
OMCL C 0.0%
IPAR B 0.0%
TDW F 0.0%
MGPI F 0.0%
ACLS F 0.0%
JJSF C 0.0%
SHO D 0.0%
BHF B 0.0%
MATW C 0.0%
TAP B 0.0%
CPRI F 0.0%
TRIP D 0.0%
LQDT B 0.0%
GO C 0.0%
CSGS B 0.0%
PR C 0.0%
VRE B 0.0%
XRX F 0.0%
JBT B 0.0%
LESL D 0.0%
UPBD B 0.0%
PLAB C 0.0%
EVTC C 0.0%
PRAA C 0.0%
OPCH F 0.0%
WNC C 0.0%
CTS C 0.0%
UFCS B 0.0%
SJM F 0.0%
SOLV C 0.0%
KLG F 0.0%
AAL B 0.0%
MPW F 0.0%
MTRN B 0.0%
HRL F 0.0%
CERT F 0.0%
OVV C 0.0%
DLTR F 0.0%
BXMT D 0.0%
IIIN C 0.0%
ASIX B 0.0%
MSEX C 0.0%
FCF B 0.0%
TMP B 0.0%
VIAV C 0.0%
MTN C 0.0%
EPAM B 0.0%
EFC C 0.0%
AEIS B 0.0%
GNL F 0.0%
PDFS C 0.0%
COHU C 0.0%
GPRE F 0.0%
ARCB C 0.0%
APA F 0.0%
SYNA C 0.0%
NABL F 0.0%
NVST C 0.0%
BGS F 0.0%
HCSG B 0.0%
EXPI C 0.0%
KAR B 0.0%
COLL F 0.0%
SAM B 0.0%
FIVE F 0.0%
DNOW B 0.0%
BANC B 0.0%
HP C 0.0%
AWR C 0.0%
VSCO B 0.0%
TKR F 0.0%
GTY C 0.0%
SHC D 0.0%
DG F 0.0%
BDN D 0.0%
PRGO C 0.0%
JBL C 0.0%
SHEN F 0.0%
RWT D 0.0%
CALX F 0.0%
FDP B 0.0%
JBHT C 0.0%
PRLB C 0.0%
THS F 0.0%
PDCO F 0.0%
INN D 0.0%
ACHC F 0.0%
IPGP C 0.0%
RGR F 0.0%
CAL D 0.0%
SMP B 0.0%
ATEN A 0.0%
YETI D 0.0%
MRO B 0.0%
ODP F 0.0%
EGBN B 0.0%
AMWD B 0.0%
WDFC B 0.0%
VLY B 0.0%
UHT D 0.0%
TRST B 0.0%
AAP C 0.0%
ALKS C 0.0%
CEIX B 0.0%
ABR B 0.0%
VVI B 0.0%
TDC F 0.0%
AVA C 0.0%
NAVI D 0.0%
FWRD C 0.0%
LXP D 0.0%
CAKE B 0.0%
MRTN C 0.0%
SSTK D 0.0%
CVBF B 0.0%
LFUS D 0.0%
ANDE D 0.0%
NX C 0.0%
SUPN C 0.0%
CTRA B 0.0%
HUBG A 0.0%
NEOG D 0.0%
TRUP B 0.0%
OLN F 0.0%
ICHR C 0.0%
TILE B 0.0%
PRA B 0.0%
BIO C 0.0%
FHI A 0.0%
PRGS A 0.0%
KN B 0.0%
VAL D 0.0%
CARS B 0.0%
KMT B 0.0%
SMPL B 0.0%
TTGT C 0.0%
WWW B 0.0%
PMT D 0.0%
VYX B 0.0%
ALEX B 0.0%
DIOD F 0.0%
HTH B 0.0%
CRI D 0.0%
GNTX C 0.0%
ASO F 0.0%
WOR F 0.0%
APTV F 0.0%
NTCT B 0.0%
MTUS D 0.0%
CLF F 0.0%
FCPT C 0.0%
WST B 0.0%
ZD B 0.0%
HAYW B 0.0%
ALV C 0.0%
CHCO B 0.0%
LIVN C 0.0%
TEX D 0.0%
UVV B 0.0%
KWR C 0.0%
LVS C 0.0%
BIIB F 0.0%
BC D 0.0%
SAH B 0.0%
THRM F 0.0%
TTMI B 0.0%
ARI C 0.0%
IRDM B 0.0%
SR C 0.0%
LANC C 0.0%
MGY B 0.0%
TRMK B 0.0%
BKE A 0.0%
SBH A 0.0%
PAYO B 0.0%
WBD B 0.0%
IBTX B 0.0%
NATL B 0.0%
LKQ C 0.0%
INDB B 0.0%
HAL C 0.0%
ETSY D 0.0%
TCBI B 0.0%
REX C 0.0%
EIG A 0.0%
HAE B 0.0%
PRDO B 0.0%
MRCY B 0.0%
PBF F 0.0%
PARA B 0.0%
NXST C 0.0%
DXCM C 0.0%
ENS D 0.0%
UNFI B 0.0%
CENTA C 0.0%
SXI B 0.0%
RAMP C 0.0%
CUBI B 0.0%
OXM D 0.0%
REXR F 0.0%
SON F 0.0%
RHI B 0.0%
CCOI C 0.0%
MSGS B 0.0%
GPN B 0.0%
AMED F 0.0%
PECO B 0.0%
AGYS B 0.0%
CNXN C 0.0%
BHE C 0.0%
ASH F 0.0%
GBX A 0.0%
HSII B 0.0%
XHR B 0.0%
LOPE B 0.0%
OII B 0.0%
CATY B 0.0%
FFBC B 0.0%
KNX C 0.0%
ZBH C 0.0%
HXL F 0.0%
BRKR F 0.0%
BKH A 0.0%
BOH B 0.0%
NFG D 0.0%
ABG B 0.0%
GIII C 0.0%
REZI A 0.0%
WYNN C 0.0%
CHTR B 0.0%
ADM F 0.0%
ARLO C 0.0%
CPF B 0.0%
PSMT D 0.0%
ELME D 0.0%
ROCK C 0.0%
VBTX B 0.0%
SPNT B 0.0%
SCVL D 0.0%
LZB B 0.0%
SNEX B 0.0%
INVA C 0.0%
APLE B 0.0%
OGS B 0.0%
EPR D 0.0%
CRC B 0.0%
TTC F 0.0%
TNDM F 0.0%
STRA C 0.0%
NBIX C 0.0%
PFBC B 0.0%
MNST B 0.0%
NOV C 0.0%
FELE B 0.0%
NUE D 0.0%
SXT B 0.0%
NOG B 0.0%
HES B 0.0%
IPG F 0.0%
CCS F 0.0%
GNW B 0.0%
FHB B 0.0%
BLKB C 0.0%
NBTB B 0.0%
OFG B 0.0%
CIVI D 0.0%
LW B 0.0%
NJR A 0.0%
POR D 0.0%
AZTA F 0.0%
FBK B 0.0%
CASH B 0.0%
APAM B 0.0%
BERY D 0.0%
AKR B 0.0%
LPG D 0.0%
STBA B 0.0%
ESE B 0.0%
TFIN B 0.0%
NBHC B 0.0%
ANIP C 0.0%
TDS C 0.0%
EEFT C 0.0%
AUB A 0.0%
HLX C 0.0%
STWD C 0.0%
MMS F 0.0%
MYRG B 0.0%
EPAC B 0.0%
MGEE B 0.0%
SHOO D 0.0%
TNC F 0.0%
OSK B 0.0%
AEO F 0.0%
ENVA B 0.0%
UE B 0.0%
CHEF B 0.0%
WSFS B 0.0%
OSIS B 0.0%
IDA A 0.0%
CNS C 0.0%
NWS B 0.0%
IOSP B 0.0%
DFIN D 0.0%
PBH A 0.0%
WEX D 0.0%
CENX B 0.0%
PLXS C 0.0%
BFH B 0.0%
WHD B 0.0%
ULTA C 0.0%
AN C 0.0%
GHC B 0.0%
ABM B 0.0%
ALE A 0.0%
WKC C 0.0%
WU F 0.0%
MMTM Underweight 63 Positions Relative to BTAL
Symbol Grade Weight
MSTR B -1.11%
BILL B -0.72%
LPLA A -0.59%
ZI C -0.58%
CFLT B -0.57%
ALSN B -0.56%
LNG B -0.51%
MKL A -0.51%
AXS A -0.47%
DOX C -0.47%
EDR B -0.46%
HEI A -0.46%
TNET C -0.41%
WTM A -0.39%
AGL F -0.19%
TXG F --0.3%
RIVN F --0.32%
NTLA F --0.32%
OPEN F --0.33%
BRZE C --0.34%
RKT F --0.34%
RIG C --0.38%
SHLS D --0.4%
W F --0.4%
ELAN C --0.41%
AGNC C --0.41%
NVCR D --0.43%
PINS F --0.43%
APG C --0.45%
CRSP D --0.46%
PATH C --0.46%
TRU D --0.47%
ROKU C --0.48%
ZS B --0.48%
NTRA B --0.49%
NET B --0.49%
HHH B --0.49%
GH B --0.5%
VEEV B --0.51%
SNAP C --0.52%
DKNG B --0.52%
FOUR B --0.53%
DNLI C --0.53%
MDB C --0.54%
RBLX B --0.54%
IOT B --0.55%
TTD B --0.56%
OWL B --0.57%
Z B --0.57%
SQ B --0.58%
TPG B --0.59%
MRVL B --0.59%
DASH A --0.6%
TDOC C --0.6%
HOOD B --0.68%
VRT B --0.68%
LYFT B --0.69%
COIN B --0.69%
CVNA B --0.69%
TOST A --0.7%
PTON C --0.76%
SOFI B --0.78%
AFRM B --0.78%
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