MMTM vs. EHLS ETF Comparison

Comparison of SPDR S&P 1500 Momentum Tilt ETF (MMTM) to Even Herd Long Short ETF (EHLS)

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

$259.57

Average Daily Volume

2,284

Number of Holdings ^*

1438

* may have additional holdings in another (foreign) market

EHLS

Even Herd Long Short ETF

EHLS Description

EHLS seeks long-term capital appreciation through a momentum-focused strategy that takes both long and short positions in US equity securities. In selecting securities, the fund employs a proprietary algorithm that emphasizes a dynamic, trend-focused analysis, instead of a strictly bottom-up valuation analysis, driven by price movements and other data points based on market trends and stock momentum. The sub-adviser may adjust its proprietary system that is continuously optimized and refined. The fund strategy involves taking long positions in equity securities exhibiting strong upward momentum and short positions in those showing downward momentum. The actively managed fund targets a net equity exposure from 40% to 90% net long, subject to adjustments based on market conditions. The fund aims to maintain 100% long and 10-60% short exposure. Short sales may include entering into swap agreements or the use of leverage.

Grade (RS Rating)

Last Trade

$22.32

Average Daily Volume

2,997

Number of Holdings ^*

279

* may have additional holdings in another (foreign) market

Performance

Period	MMTM	EHLS
30 Days	2.99%	5.16%
60 Days	7.40%	8.64%
90 Days	8.30%	12.23%
12 Months	39.16%

193 Overlapping Holdings

Symbol	Grade	Weight in MMTM	Weight in EHLS	Overlap
ADM	F	0.0%	-0.25%	-0.25%
ADMA	C	0.02%	1.31%	0.02%
ADNT	D	0.0%	-0.21%	-0.21%
AES	F	0.02%	-0.17%	-0.17%
AIN	C	0.0%	-0.29%	-0.29%
AIT	A	0.02%	0.54%	0.02%
ALB	C	0.0%	-0.27%	-0.27%
ALGM	F	0.0%	-0.3%	-0.3%
ALGT	B	0.0%	-0.21%	-0.21%
ALLY	C	0.03%	-0.31%	-0.31%
ALRM	C	0.01%	-0.58%	-0.58%
ALV	C	0.0%	-0.25%	-0.25%
AMN	F	0.0%	-0.27%	-0.27%
AMR	C	0.0%	-0.35%	-0.35%
ANET	C	0.35%	1.01%	0.35%
AORT	C	0.0%	0.24%	0.0%
APA	F	0.0%	-0.23%	-0.23%
APTV	F	0.0%	-0.19%	-0.19%
ARE	F	0.02%	-0.28%	-0.28%
ASH	F	0.0%	-0.22%	-0.22%
AVTR	F	0.04%	-0.24%	-0.24%
AXP	B	0.51%	1.0%	0.51%
BEN	C	0.0%	-0.2%	-0.2%
BG	D	0.0%	-0.25%	-0.25%
BHF	B	0.0%	-0.33%	-0.33%
BK	B	0.17%	1.22%	0.17%
BRO	B	0.06%	1.0%	0.06%
BSX	A	0.36%	0.7%	0.36%
CACI	C	0.03%	0.24%	0.03%
CALX	F	0.0%	-0.32%	-0.32%
CAR	C	0.0%	-0.3%	-0.3%
CARS	B	0.0%	-0.31%	-0.31%
CASH	B	0.0%	0.27%	0.0%
CBRE	B	0.13%	1.29%	0.13%
CC	C	0.0%	-0.25%	-0.25%
CDW	F	0.01%	-0.3%	-0.3%
CEG	D	0.25%	1.29%	0.25%
CENTA	C	0.0%	-0.27%	-0.27%
CHRD	D	0.0%	-0.3%	-0.3%
CIVI	D	0.0%	-0.3%	-0.3%
CLH	B	0.04%	0.5%	0.04%
CNK	B	0.01%	0.29%	0.01%
CNX	B	0.01%	1.05%	0.01%
COHU	C	0.0%	-0.31%	-0.31%
COOP	B	0.02%	0.8%	0.02%
CRL	C	0.01%	-0.31%	-0.31%
CRS	B	0.03%	1.26%	0.03%
CSGP	F	0.0%	-0.46%	-0.46%
CSWI	B	0.02%	2.08%	0.02%
CTAS	B	0.21%	1.51%	0.21%
CTRA	B	0.0%	-0.24%	-0.24%
CVX	A	0.07%	-0.3%	-0.3%
CW	C	0.05%	1.32%	0.05%
CWT	D	0.0%	-0.24%	-0.24%
DG	F	0.0%	-0.21%	-0.21%
DIOD	F	0.0%	-0.35%	-0.35%
DIS	B	0.11%	-0.3%	-0.3%
DLB	D	0.0%	-0.25%	-0.25%
DVN	F	0.0%	-0.27%	-0.27%
EG	D	0.0%	-0.29%	-0.29%
ELF	C	0.01%	-0.2%	-0.2%
ELV	F	0.06%	-0.24%	-0.24%
EME	B	0.08%	0.5%	0.08%
ENOV	C	0.0%	-0.23%	-0.23%
ENPH	F	0.02%	-0.21%	-0.21%
EPAM	B	0.0%	-0.44%	-0.44%
ETSY	D	0.0%	-0.25%	-0.25%
EVTC	C	0.0%	-0.3%	-0.3%
EXEL	B	0.01%	0.24%	0.01%
EXLS	B	0.01%	0.26%	0.01%
F	C	0.02%	-0.24%	-0.24%
FI	A	0.31%	0.47%	0.31%
FICO	B	0.18%	1.6%	0.18%
FIVE	F	0.0%	-0.23%	-0.23%
FIZZ	C	0.0%	-0.32%	-0.32%
FTDR	B	0.01%	1.08%	0.01%
FTV	C	0.02%	-0.25%	-0.25%
FUL	F	0.01%	-0.26%	-0.26%
GEF	B	0.0%	-0.25%	-0.25%
GO	C	0.0%	-0.25%	-0.25%
GRBK	D	0.01%	0.47%	0.01%
GVA	B	0.01%	1.4%	0.01%
HELE	C	0.0%	-0.29%	-0.29%
HES	B	0.0%	-0.29%	-0.29%
HLNE	B	0.03%	0.61%	0.03%
HP	C	0.0%	-0.31%	-0.31%
HRB	D	0.02%	0.49%	0.02%
HSY	F	0.01%	-0.25%	-0.25%
HTH	B	0.0%	-0.25%	-0.25%
HUBB	C	0.07%	0.49%	0.07%
HWKN	C	0.01%	1.42%	0.01%
HWM	B	0.15%	1.79%	0.15%
HXL	F	0.0%	-0.28%	-0.28%
IIPR	F	0.01%	1.18%	0.01%
IOSP	B	0.0%	-0.32%	-0.32%
IPG	F	0.0%	-0.28%	-0.28%
IRM	D	0.11%	1.71%	0.11%
ISRG	A	0.59%	0.76%	0.59%
JXN	C	0.03%	0.95%	0.03%
KEYS	C	0.03%	-0.26%	-0.26%
KKR	B	0.34%	0.77%	0.34%
KMX	B	0.01%	-0.3%	-0.3%
KTB	A	0.01%	0.26%	0.01%
LEA	F	0.0%	-0.22%	-0.22%
LKQ	C	0.0%	-0.29%	-0.29%
LW	B	0.0%	-0.3%	-0.3%
LYV	A	0.03%	0.25%	0.03%
MATX	B	0.02%	0.24%	0.02%
MCHP	F	0.02%	-0.27%	-0.27%
META	B	4.07%	1.74%	1.74%
MGM	D	0.0%	-0.26%	-0.26%
MRK	F	0.12%	-0.25%	-0.25%
MRTN	C	0.0%	-0.29%	-0.29%
MSI	B	0.22%	1.5%	0.22%
MTDR	B	0.0%	-0.26%	-0.26%
MTN	C	0.0%	-0.24%	-0.24%
MTRN	B	0.0%	-0.33%	-0.33%
MUR	D	0.0%	-0.28%	-0.28%
MUSA	B	0.02%	0.25%	0.02%
NARI	C	0.0%	-0.35%	-0.35%
NEO	B	0.0%	-0.31%	-0.31%
NKE	F	0.01%	-0.23%	-0.23%
NRG	C	0.07%	1.53%	0.07%
NSP	F	0.0%	-0.26%	-0.26%
NUE	D	0.0%	-0.25%	-0.25%
NVDA	A	12.83%	1.8%	1.8%
ODP	F	0.0%	-0.26%	-0.26%
OHI	C	0.01%	0.48%	0.01%
OLN	F	0.0%	-0.23%	-0.23%
OMI	F	0.0%	-0.47%	-0.47%
ON	F	0.02%	-0.3%	-0.3%
OVV	C	0.0%	-0.31%	-0.31%
OXM	D	0.0%	-0.31%	-0.31%
PARR	F	0.0%	-0.44%	-0.44%
PCH	F	0.0%	-0.25%	-0.25%
PGNY	F	0.0%	-0.38%	-0.38%
PGR	A	0.42%	0.48%	0.42%
PIPR	B	0.02%	1.66%	0.02%
PKG	B	0.05%	0.49%	0.05%
PLD	D	0.12%	-0.24%	-0.24%
PLTR	B	0.37%	1.06%	0.37%
POWL	C	0.01%	0.29%	0.01%
PRGO	C	0.0%	-0.44%	-0.44%
PSN	C	0.02%	0.79%	0.02%
PZZA	D	0.0%	-0.32%	-0.32%
QLYS	B	0.01%	-0.36%	-0.36%
RDNT	B	0.02%	0.96%	0.02%
REXR	F	0.0%	-0.25%	-0.25%
ROG	D	0.0%	-0.25%	-0.25%
SCL	C	0.0%	-0.26%	-0.26%
SFM	B	0.05%	1.25%	0.05%
SIGI	B	0.0%	-0.28%	-0.28%
SJW	F	0.0%	-0.28%	-0.28%
SKT	A	0.01%	1.12%	0.01%
SKYW	B	0.02%	0.56%	0.02%
SLAB	F	0.0%	-0.3%	-0.3%
SLB	C	0.01%	-0.29%	-0.29%
SLG	C	0.02%	1.73%	0.02%
SLVM	C	0.01%	1.32%	0.01%
SNEX	B	0.0%	0.25%	0.0%
SON	F	0.0%	-0.26%	-0.26%
STZ	D	0.02%	-0.25%	-0.25%
TDC	F	0.0%	-0.3%	-0.3%
TEX	D	0.0%	-0.25%	-0.25%
THC	B	0.06%	1.06%	0.06%
TMUS	A	0.25%	0.94%	0.25%
TPL	B	0.06%	1.23%	0.06%
TRGP	B	0.13%	0.54%	0.13%
TRUP	B	0.0%	0.21%	0.0%
TYL	B	0.07%	0.49%	0.07%
UFPT	C	0.01%	0.26%	0.01%
UGI	D	0.0%	-0.29%	-0.29%
UPBD	B	0.0%	-0.29%	-0.29%
UPS	C	0.01%	-0.37%	-0.37%
URBN	C	0.01%	-0.28%	-0.28%
USPH	C	0.0%	-0.56%	-0.56%
VAL	D	0.0%	-0.21%	-0.21%
VC	F	0.0%	-0.24%	-0.24%
VLO	C	0.01%	-0.31%	-0.31%
VRSN	C	0.0%	-0.29%	-0.29%
VSAT	F	0.0%	-0.2%	-0.2%
VST	B	0.16%	1.54%	0.16%
VTLE	C	0.0%	-0.28%	-0.28%
WAB	B	0.1%	0.9%	0.1%
WELL	B	0.21%	1.25%	0.21%
WFRD	F	0.0%	-0.32%	-0.32%
WMT	A	0.88%	0.49%	0.49%
WOR	F	0.0%	-0.25%	-0.25%
WPC	F	0.01%	-0.24%	-0.24%
WU	F	0.0%	-0.18%	-0.18%
YELP	C	0.0%	-0.29%	-0.29%
YOU	D	0.01%	0.73%	0.01%
ZD	B	0.0%	-0.27%	-0.27%

MMTM Overweight 1245 Positions Relative to EHLS

Symbol	Grade	Weight
AAPL	C	5.9%
AMZN	A	4.05%
MSFT	C	3.13%
AVGO	C	2.85%
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%
TSLA	B	0.96%
HD	B	0.89%
ORCL	A	0.88%
ABBV	F	0.8%
BAC	A	0.79%
AMD	F	0.72%
GE	D	0.64%
CAT	B	0.59%
MA	B	0.58%
GS	B	0.55%
NOW	A	0.54%
WFC	A	0.53%
IBM	D	0.51%
CRM	B	0.51%
QCOM	F	0.5%
UBER	F	0.46%
TXN	B	0.45%
PM	B	0.43%
AMAT	F	0.42%
BKNG	A	0.4%
ETN	B	0.4%
TMO	F	0.4%
SPGI	C	0.39%
RTX	D	0.39%
MS	A	0.39%
BX	A	0.38%
T	A	0.38%
NEE	D	0.37%
DHR	F	0.36%
C	B	0.36%
LOW	B	0.34%
MU	D	0.33%
KO	F	0.33%
V	A	0.32%
GEV	B	0.31%
TT	B	0.3%
KLAC	F	0.27%
ADI	D	0.27%
PANW	B	0.26%
VZ	D	0.26%
PH	A	0.26%
APH	B	0.25%
SHW	A	0.25%
TDG	D	0.24%
PNC	B	0.24%
XOM	B	0.24%
PG	C	0.24%
MMM	C	0.23%
ICE	C	0.22%
HCA	D	0.21%
LRCX	F	0.21%
CRWD	B	0.2%
TJX	A	0.2%
PYPL	A	0.2%
AMGN	F	0.2%
CARR	C	0.19%
USB	B	0.19%
URI	B	0.19%
MCO	C	0.19%
SYK	A	0.19%
CB	C	0.18%
CMG	B	0.18%
SO	D	0.18%
LIN	D	0.18%
FCX	F	0.17%
JNJ	D	0.17%
COF	B	0.17%
MO	A	0.17%
TFC	B	0.17%
GM	B	0.17%
RCL	A	0.17%
TGT	C	0.16%
LMT	D	0.16%
ABT	C	0.16%
ECL	C	0.16%
ADP	A	0.15%
HLT	A	0.15%
PWR	B	0.15%
SPG	A	0.15%
UNH	B	0.15%
VRTX	B	0.15%
JCI	A	0.15%
MDT	D	0.15%
INTU	A	0.15%
CL	F	0.15%
DHI	D	0.15%
OKE	A	0.14%
PSA	D	0.14%
FIS	B	0.14%
ACN	B	0.14%
MPWR	F	0.13%
WMB	B	0.13%
AMP	A	0.13%
LEN	D	0.13%
DFS	B	0.13%
DUK	D	0.13%
MCD	C	0.13%
REGN	F	0.13%
D	D	0.12%
NEM	F	0.12%
IR	A	0.12%
TRV	B	0.12%
CMI	A	0.12%
UNP	D	0.12%
GWW	B	0.12%
AFL	C	0.12%
ALL	B	0.12%
NXPI	F	0.12%
ADSK	B	0.12%
AMT	F	0.12%
DELL	C	0.12%
AEP	D	0.11%
DAL	A	0.11%
SCHW	B	0.11%
RMD	C	0.11%
EXR	D	0.11%
GLW	B	0.11%
AXON	B	0.11%
GRMN	A	0.1%
MTB	A	0.1%
FITB	A	0.1%
MET	C	0.1%
EFX	F	0.1%
IT	B	0.1%
O	D	0.1%
PEG	C	0.1%
KMI	B	0.1%
NVR	D	0.09%
GDDY	B	0.09%
MAR	A	0.09%
EBAY	C	0.09%
PHM	D	0.09%
FTNT	B	0.09%
A	F	0.09%
WM	A	0.09%
HIG	C	0.09%
HPQ	B	0.08%
LDOS	C	0.08%
GD	C	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%
BLDR	C	0.07%
XYL	F	0.07%
CCL	B	0.07%
AVB	B	0.07%
DOV	A	0.07%
WDC	D	0.07%
SW	B	0.07%
MMC	D	0.07%
RF	A	0.07%
OTIS	D	0.07%
CCI	F	0.07%
VTR	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%
RSG	B	0.07%
DECK	B	0.07%
LHX	B	0.07%
NTAP	D	0.07%
LII	B	0.06%
BURL	C	0.06%
IBKR	A	0.06%
WAT	B	0.06%
ORLY	A	0.06%
EXPE	B	0.06%
WSM	F	0.06%
COHR	C	0.06%
STT	B	0.06%
EMR	A	0.06%
IFF	F	0.06%
PEP	D	0.06%
FSLR	F	0.06%
CSCO	A	0.06%
HON	B	0.06%
ROST	D	0.06%
ZTS	D	0.06%
K	A	0.06%
ZBRA	B	0.06%
CFG	B	0.06%
PPL	A	0.05%
CPAY	A	0.05%
DTE	D	0.05%
SRE	B	0.05%
CMCSA	B	0.05%
KR	A	0.05%
ITW	B	0.05%
DE	D	0.05%
GEN	B	0.05%
HPE	B	0.05%
CINF	A	0.05%
PCAR	B	0.05%
UTHR	B	0.05%
MAS	D	0.05%
BBY	C	0.05%
PNR	A	0.05%
EQR	C	0.05%
IQV	F	0.05%
TER	F	0.05%
MLM	B	0.05%
AZO	B	0.05%
KVUE	A	0.05%
AJG	A	0.05%
FIX	B	0.05%
TOL	B	0.05%
KEY	B	0.05%
PODD	B	0.05%
GILD	B	0.05%
COR	B	0.04%
LAMR	D	0.04%
GNRC	B	0.04%
AME	A	0.04%
KMB	D	0.04%
BLD	F	0.04%
XPO	B	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%
AON	B	0.04%
SMCI	F	0.04%
ESS	C	0.04%
ERIE	F	0.04%
FAST	B	0.04%
UHS	D	0.04%
DUOL	A	0.04%
MDLZ	F	0.04%
CI	D	0.04%
AIG	B	0.04%
RVTY	C	0.04%
SRPT	F	0.04%
FDX	B	0.04%
FNF	C	0.04%
BALL	D	0.04%
DKS	D	0.04%
WSO	B	0.04%
DOC	C	0.04%
TXRH	A	0.04%
MANH	C	0.04%
CLX	A	0.04%
JLL	C	0.04%
OMC	A	0.04%
USFD	B	0.04%
OC	A	0.04%
EQH	B	0.04%
CSX	B	0.04%
ACGL	C	0.04%
NTRS	A	0.04%
IP	B	0.04%
VMC	B	0.04%
EHC	B	0.03%
ED	D	0.03%
CMA	A	0.03%
ACM	B	0.03%
CVLT	B	0.03%
MHK	D	0.03%
DOW	F	0.03%
SNV	B	0.03%
FYBR	D	0.03%
BR	A	0.03%
AWK	D	0.03%
MKC	D	0.03%
MTSI	B	0.03%
GKOS	B	0.03%
VICI	D	0.03%
RPM	A	0.03%
FND	F	0.03%
AAON	B	0.03%
PTC	B	0.03%
VTRS	B	0.03%
TECH	D	0.03%
GME	C	0.03%
ROP	A	0.03%
FBIN	F	0.03%
ONTO	F	0.03%
RL	B	0.03%
FN	C	0.03%
SCI	B	0.03%
KIM	A	0.03%
WMS	F	0.03%
AA	C	0.03%
NCLH	B	0.03%
MTZ	B	0.03%
JNPR	D	0.03%
YUM	B	0.03%
CASY	B	0.03%
IDXX	F	0.03%
NVT	C	0.03%
AYI	A	0.03%
ES	D	0.03%
SBUX	B	0.03%
UDR	C	0.03%
HLI	B	0.03%
DD	D	0.03%
ATO	B	0.03%
ALGN	D	0.03%
BMY	B	0.03%
CUBE	D	0.03%
CMS	D	0.03%
ALLE	D	0.03%
CG	B	0.03%
CPT	C	0.03%
CPRT	A	0.03%
BXP	D	0.03%
FFIV	B	0.03%
EMN	D	0.03%
LUV	B	0.03%
WTW	A	0.03%
PCG	A	0.03%
NOC	D	0.03%
NI	A	0.03%
CTSH	A	0.03%
WING	D	0.03%
RGA	A	0.03%
LUMN	C	0.03%
CTVA	C	0.03%
WAL	B	0.03%
ITT	A	0.03%
EXP	B	0.03%
TTEK	F	0.03%
PSX	C	0.03%
MLI	B	0.03%
RJF	A	0.03%
CTLT	D	0.03%
MAA	C	0.03%
PAYX	B	0.03%
SF	A	0.03%
KRYS	C	0.02%
GPK	D	0.02%
FANG	C	0.02%
KBH	D	0.02%
ADC	A	0.02%
ATR	A	0.02%
BDC	C	0.02%
H	B	0.02%
KHC	F	0.02%
J	D	0.02%
CBT	C	0.02%
EPRT	C	0.02%
WTFC	B	0.02%
L	A	0.02%
CYTK	C	0.02%
CHD	A	0.02%
PI	D	0.02%
DGX	B	0.02%
ANSS	B	0.02%
BRX	A	0.02%
UMBF	B	0.02%
STE	D	0.02%
XEL	A	0.02%
SHAK	C	0.02%
PFE	F	0.02%
AXTA	A	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%
TDY	B	0.02%
CROX	F	0.02%
TPX	B	0.02%
NWSA	B	0.02%
DY	C	0.02%
INVH	D	0.02%
PLNT	A	0.02%
MARA	B	0.02%
R	B	0.02%
SSD	F	0.02%
AIZ	A	0.02%
DOCS	B	0.02%
LNTH	F	0.02%
DPZ	C	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%
ENSG	C	0.02%
EAT	B	0.02%
DVA	C	0.02%
AVY	F	0.02%
AVAV	C	0.02%
TSN	B	0.02%
MASI	B	0.02%
OLED	F	0.02%
ILMN	C	0.02%
TROW	A	0.02%
WWD	B	0.02%
SSB	B	0.02%
CNM	D	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%
ARMK	B	0.02%
FOXA	A	0.02%
CBOE	D	0.02%
CRUS	F	0.02%
WRB	B	0.02%
RYAN	B	0.02%
BRBR	A	0.02%
KNF	C	0.02%
PFGC	B	0.02%
MTH	D	0.02%
MEDP	D	0.02%
FHN	A	0.02%
MCK	B	0.02%
SWK	F	0.02%
MOG.A	B	0.02%
CME	B	0.02%
HALO	C	0.02%
ATI	F	0.02%
AMCR	D	0.02%
FLR	C	0.02%
GIS	F	0.02%
LPX	A	0.02%
CIEN	B	0.02%
DTM	A	0.02%
APD	B	0.02%
MKSI	C	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%
PNFP	B	0.02%
INGR	B	0.02%
CR	B	0.02%
ZION	B	0.02%
TRMB	B	0.02%
AWI	B	0.02%
CHRW	A	0.02%
GMED	B	0.02%
ANF	C	0.02%
EA	A	0.02%
FE	D	0.02%
WEC	B	0.02%
VNO	C	0.02%
PFG	C	0.02%
BWXT	B	0.02%
RRX	B	0.02%
VRSK	A	0.02%
HAS	D	0.02%
AIR	B	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%
HCC	C	0.01%
UBSI	B	0.01%
JBLU	C	0.01%
CARG	B	0.01%
THG	A	0.01%
BANR	B	0.01%
PPBI	B	0.01%
VNT	C	0.01%
CWEN	D	0.01%
GPC	D	0.01%
VCEL	B	0.01%
FORM	F	0.01%
THO	B	0.01%
PFS	B	0.01%
CRVL	B	0.01%
SAIC	D	0.01%
KRG	B	0.01%
WTS	B	0.01%
OTTR	C	0.01%
MTX	B	0.01%
STC	C	0.01%
NEU	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%
PNW	A	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%
X	D	0.01%
PLMR	A	0.01%
PK	C	0.01%
CDP	C	0.01%
OGE	B	0.01%
ROIV	D	0.01%
PRK	B	0.01%
APOG	B	0.01%
LGND	C	0.01%
SWX	B	0.01%
LECO	C	0.01%
APPF	B	0.01%
RXO	C	0.01%
AVT	C	0.01%
CPRX	C	0.01%
FDS	A	0.01%
MCY	B	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%
MDU	D	0.01%
SANM	C	0.01%
SWKS	F	0.01%
LMAT	B	0.01%
RLI	A	0.01%
OGN	F	0.01%
CE	F	0.01%
HWC	B	0.01%
SFNC	B	0.01%
CF	B	0.01%
RS	C	0.01%
RUN	F	0.01%
OLLI	C	0.01%
DOCN	C	0.01%
NDSN	B	0.01%
OUT	B	0.01%
SEM	C	0.01%
PJT	B	0.01%
CPB	F	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%
SNA	A	0.01%
FAF	C	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%
FMC	F	0.01%
CNC	F	0.01%
DEI	B	0.01%
ABCB	B	0.01%
TRN	B	0.01%
TREX	C	0.01%
CCK	D	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%
AMKR	F	0.01%
PPG	F	0.01%
KRC	C	0.01%
IBOC	B	0.01%
NOVT	C	0.01%
PTGX	D	0.01%
M	C	0.01%
SATS	D	0.01%
GFF	B	0.01%
BA	F	0.01%
TMDX	F	0.01%
INTC	C	0.01%
BCPC	B	0.01%
DT	C	0.01%
LYB	F	0.01%
DRI	B	0.01%
GMS	B	0.01%
TXT	D	0.01%
REG	A	0.01%
BOOT	C	0.01%
SMG	D	0.01%
AFG	A	0.01%
ROK	B	0.01%
LH	B	0.01%
VRRM	D	0.01%
INCY	B	0.01%
ZWS	B	0.01%
EW	F	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%
SBRA	C	0.01%
CALM	B	0.01%
BGC	C	0.01%
AMH	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%
BKR	B	0.01%
RDN	C	0.01%
ORI	A	0.01%
POOL	D	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%
RH	C	0.01%
GBCI	B	0.01%
SAIA	B	0.01%
MC	B	0.01%
EXPD	C	0.01%
JHG	A	0.01%
SITM	B	0.01%
TPH	C	0.01%
HASI	F	0.01%
EXC	C	0.01%
AX	B	0.01%
PB	B	0.01%
WCC	B	0.01%
GLPI	D	0.01%
SNX	C	0.01%
UFPI	B	0.01%
AROC	B	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%
VFC	C	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%
UNM	A	0.01%
LITE	B	0.01%
SFBS	B	0.01%
CORT	B	0.01%
RNR	D	0.01%
ONB	B	0.01%
LNC	B	0.01%
CUZ	B	0.01%
DCI	A	0.01%
LNT	C	0.01%
ALTR	C	0.01%
TFX	F	0.01%
NNN	F	0.01%
LRN	B	0.01%
STEP	B	0.01%
AEE	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%
HZO	F	0.0%
PCRX	C	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%
SEDG	F	0.0%
EYE	C	0.0%
CBRL	C	0.0%
WOLF	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%
TWI	F	0.0%
TALO	C	0.0%
DEA	D	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%
FOXF	F	0.0%
HLIT	D	0.0%
CSR	B	0.0%
BHLB	B	0.0%
GOGO	C	0.0%
BLMN	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%
CEVA	B	0.0%
GDEN	B	0.0%
CNXC	F	0.0%
LGIH	F	0.0%
RNST	B	0.0%
UNIT	C	0.0%
UAA	B	0.0%
CNMD	C	0.0%
VSH	F	0.0%
SBCF	B	0.0%
BLFS	C	0.0%
ARWR	C	0.0%
EXTR	C	0.0%
NBR	C	0.0%
HI	C	0.0%
ASTE	B	0.0%
CXW	B	0.0%
VTOL	B	0.0%
EMBC	C	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%
COLM	B	0.0%
PENN	B	0.0%
LCII	D	0.0%
ETD	D	0.0%
PII	F	0.0%
HAIN	F	0.0%
PTEN	C	0.0%
VAC	B	0.0%
CABO	B	0.0%
UNF	B	0.0%
POWI	D	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%
FLO	F	0.0%
MSM	C	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%
SEE	C	0.0%
ST	F	0.0%
LTC	B	0.0%
BYD	A	0.0%
IRWD	D	0.0%
NGVT	B	0.0%
CELH	F	0.0%
NWL	B	0.0%
ECPG	C	0.0%
HTLD	B	0.0%
SM	C	0.0%
AXL	C	0.0%
UA	B	0.0%
SXC	B	0.0%
JOE	F	0.0%
EPC	F	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%
DAR	B	0.0%
AMSF	B	0.0%
G	B	0.0%
SDGR	C	0.0%
JAZZ	B	0.0%
MD	C	0.0%
HPP	F	0.0%
DINO	D	0.0%
GES	F	0.0%
CGNX	C	0.0%
GXO	B	0.0%
HCI	B	0.0%
MXL	C	0.0%
GTLS	B	0.0%
KELYA	F	0.0%
OI	C	0.0%
MCRI	A	0.0%
LSCC	D	0.0%
HMN	B	0.0%
PCTY	B	0.0%
AHH	D	0.0%
SAFT	B	0.0%
LKFN	B	0.0%
NVEE	F	0.0%
DRH	C	0.0%
SCSC	B	0.0%
JBSS	F	0.0%
RGEN	C	0.0%
UTL	C	0.0%
HGV	B	0.0%
KLIC	C	0.0%
KSS	D	0.0%
GSHD	B	0.0%
SVC	F	0.0%
KALU	C	0.0%
VRTS	B	0.0%
JBGS	F	0.0%
MAT	C	0.0%
BL	B	0.0%
HSIC	F	0.0%
GL	B	0.0%
RRC	B	0.0%
ROIC	A	0.0%
OMCL	C	0.0%
AR	B	0.0%
IPAR	B	0.0%
TDW	F	0.0%
MGPI	F	0.0%
WBA	D	0.0%
ACLS	F	0.0%
JJSF	C	0.0%
SHO	D	0.0%
MATW	C	0.0%
TAP	B	0.0%
CPRI	F	0.0%
TRIP	D	0.0%
LQDT	B	0.0%
CSGS	B	0.0%
PAYC	B	0.0%
PR	C	0.0%
VRE	B	0.0%
PEN	C	0.0%
XRX	F	0.0%
JBT	B	0.0%
LESL	D	0.0%
PLAB	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%
HRL	F	0.0%
CERT	F	0.0%
DLTR	F	0.0%
BXMT	D	0.0%
IIIN	C	0.0%
ASIX	B	0.0%
DAY	B	0.0%
MSEX	C	0.0%
FCF	B	0.0%
TMP	B	0.0%
VIAV	C	0.0%
EFC	C	0.0%
BMRN	F	0.0%
AEIS	B	0.0%
GNL	F	0.0%
PDFS	C	0.0%
CZR	F	0.0%
GPRE	F	0.0%
ARCB	C	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%
MOS	D	0.0%
SAM	B	0.0%
DNOW	B	0.0%
BANC	B	0.0%
AWR	C	0.0%
VSCO	B	0.0%
TKR	F	0.0%
GTY	C	0.0%
SHC	D	0.0%
BDN	D	0.0%
JBL	C	0.0%
SHEN	F	0.0%
RWT	D	0.0%
FDP	B	0.0%
JBHT	C	0.0%
PRLB	C	0.0%
THS	F	0.0%
PDCO	F	0.0%
MTCH	F	0.0%
INN	D	0.0%
ACHC	F	0.0%
AKAM	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%
CHH	B	0.0%
PNM	B	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%
AVA	C	0.0%
NAVI	D	0.0%
FWRD	C	0.0%
MRNA	F	0.0%
LXP	D	0.0%
RYN	F	0.0%
CAKE	B	0.0%
COTY	D	0.0%
SSTK	D	0.0%
CVBF	B	0.0%
ARW	F	0.0%
TGNA	B	0.0%
LFUS	D	0.0%
ANDE	D	0.0%
NX	C	0.0%
SUPN	C	0.0%
HUBG	A	0.0%
NEOG	D	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%
WEN	C	0.0%
KMT	B	0.0%
SMPL	B	0.0%
TTGT	C	0.0%
WWW	B	0.0%
PMT	D	0.0%
PAG	B	0.0%
VYX	B	0.0%
ALEX	B	0.0%
CRI	D	0.0%
FCN	F	0.0%
GNTX	C	0.0%
ASO	F	0.0%
BBWI	C	0.0%
NTCT	B	0.0%
MTUS	D	0.0%
CLF	F	0.0%
FCPT	C	0.0%
WST	B	0.0%
HAYW	B	0.0%
CHCO	B	0.0%
LIVN	C	0.0%
UVV	B	0.0%
KWR	C	0.0%
EQT	B	0.0%
CHE	D	0.0%
ASGN	D	0.0%
LVS	C	0.0%
BIIB	F	0.0%
BC	D	0.0%
SAH	B	0.0%
DBX	B	0.0%
EL	F	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%
INDB	B	0.0%
HAL	C	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%
OZK	B	0.0%
DXCM	C	0.0%
ENS	D	0.0%
UNFI	B	0.0%
SXI	B	0.0%
RAMP	C	0.0%
NWE	C	0.0%
CUBI	B	0.0%
CXT	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%
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%
BWA	B	0.0%
KNX	C	0.0%
ZBH	C	0.0%
HUM	D	0.0%
LULU	B	0.0%
MSA	D	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%
ARLO	C	0.0%
CPF	B	0.0%
PSMT	D	0.0%
ELME	D	0.0%
ROCK	C	0.0%
CHX	C	0.0%
VBTX	B	0.0%
SPNT	B	0.0%
RMBS	C	0.0%
OXY	F	0.0%
SCVL	D	0.0%
LZB	B	0.0%
MAN	F	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%
SXT	B	0.0%
NOG	B	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%
SLGN	B	0.0%
HQY	B	0.0%
NJR	A	0.0%
POR	D	0.0%
AZTA	F	0.0%
FBK	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%
WH	A	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%
KBR	D	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%
DFIN	D	0.0%
PBH	A	0.0%
WEX	D	0.0%
CENX	B	0.0%
PLXS	C	0.0%
BFH	B	0.0%
ELS	B	0.0%
WHD	B	0.0%
ULTA	C	0.0%
AN	C	0.0%
GHC	B	0.0%
MOH	F	0.0%
ABM	B	0.0%
ALE	A	0.0%
WKC	C	0.0%

MMTM Underweight 86 Positions Relative to EHLS

Symbol	Grade	Weight
BMA	B	-2.18%
SPOT	A	-1.95%
QTWO	B	-1.91%
GDS	C	-1.87%
LMB	B	-1.73%
USLM	B	-1.7%
REAX	C	-1.38%
CVNA	B	-1.29%
IGIC	A	-1.29%
CLBT	C	-1.27%
SE	B	-1.21%
TPB	B	-1.11%
DASH	A	-1.06%
ARES	B	-1.05%
PAM	A	-0.99%
GLNG	C	-0.98%
RSI	B	-0.95%
ZETA	F	-0.9%
EDN	A	-0.86%
MOD	D	-0.85%
PNTG	D	-0.85%
IESC	B	-0.82%
NPAB	F	-0.81%
HOOD	B	-0.75%
CDNA	D	-0.7%
TIGO	D	-0.7%
ALSN	B	-0.56%
AMAL	B	-0.56%
NBN	B	-0.55%
BBSI	B	-0.54%
FTI	B	-0.53%
CCB	A	-0.53%
RNA	B	-0.5%
ALHC	C	-0.5%
MMYT	C	-0.49%
TEVA	D	-0.46%
BEKE	C	-0.45%
JD	C	-0.43%
OSCR	D	-0.32%
YPF	A	-0.28%
MLR	C	-0.28%
FRHC	A	-0.27%
RKLB	B	-0.27%
PPTA	C	-0.26%
BBW	B	-0.25%
VIST	B	-0.24%
GATO	C	-0.24%
TCBX	B	-0.24%
ONON	B	-0.23%
QFIN	C	-0.23%
CSTM	F	--0.08%
NEP	F	--0.1%
CVI	F	--0.13%
CQP	B	--0.14%
STNG	F	--0.17%
FLNG	C	--0.18%
WRLD	C	--0.2%
W	F	--0.21%
DOOO	F	--0.22%
COLD	F	--0.22%
ASML	D	--0.23%
AMRC	F	--0.24%
IGT	F	--0.24%
NTST	F	--0.24%
WSC	F	--0.24%
SITE	D	--0.25%
FIVN	C	--0.25%
DKNG	B	--0.25%
CWH	C	--0.26%
APLS	F	--0.26%
PD	C	--0.26%
FMX	F	--0.27%
ENTG	F	--0.27%
ATKR	C	--0.28%
CNI	F	--0.28%
OKTA	C	--0.29%
CENT	C	--0.29%
RPD	C	--0.3%
IAC	F	--0.3%
SNOW	C	--0.3%
SPT	C	--0.32%
TENB	C	--0.34%
IRTC	C	--0.35%
PINS	F	--0.36%
RYI	B	--0.4%
IMCR	C	--0.54%