RFLR vs. SPSM ETF Comparison

Comparison of Innovator U.S. Small Cap Power Buffer ETF - September Innovator U.S. Small Cap Managed Floor ETF (RFLR) to SPDR Portfolio Small Cap ETF (SPSM)

RFLR

Innovator U.S. Small Cap Power Buffer ETF - September Innovator U.S. Small Cap Managed Floor ETF

RFLR Description

The fund will invest at least 80% of its net assets (including borrowings for investment purposes) in equity securities of U.S. small capitalization companies and option contracts that give economic exposure to equity securities of U.S. small capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.19

Average Daily Volume

5,758

Number of Holdings ^*

1097

* may have additional holdings in another (foreign) market

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.89

Average Daily Volume

1,569,142

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

Performance

Period	RFLR	SPSM
30 Days	0.80%	2.09%
60 Days	2.58%	2.54%
90 Days		7.45%
12 Months		27.14%

423 Overlapping Holdings

Symbol	Grade	Weight in RFLR	Weight in SPSM	Overlap
ABCB	B	0.18%	0.31%	0.18%
ABG	B	0.15%	0.36%	0.15%
ABM	B	0.13%	0.25%	0.13%
ABR	B	0.14%	0.2%	0.14%
ACA	A	0.19%	0.35%	0.19%
ACIW	B	0.15%	0.43%	0.15%
ADMA	C	0.01%	0.32%	0.01%
ADNT	F	0.09%	0.12%	0.09%
ADUS	D	0.11%	0.16%	0.11%
AEIS	B	0.22%	0.31%	0.22%
AEO	F	0.08%	0.24%	0.08%
AGO	A	0.18%	0.3%	0.18%
AGYS	A	0.11%	0.18%	0.11%
AHCO	F	0.05%	0.07%	0.05%
AHH	C	0.06%	0.05%	0.05%
AIR	B	0.12%	0.15%	0.12%
AKR	A	0.12%	0.18%	0.12%
ALEX	B	0.06%	0.1%	0.06%
ALG	C	0.13%	0.14%	0.13%
ALGT	B	0.07%	0.07%	0.07%
ALRM	C	0.09%	0.2%	0.09%
AMPH	F	0.07%	0.12%	0.07%
AMR	C	0.07%	0.18%	0.07%
AMWD	B	0.05%	0.11%	0.05%
ANIP	D	0.05%	0.07%	0.05%
AORT	B	0.05%	0.08%	0.05%
AOSL	D	0.03%	0.04%	0.03%
APAM	A	0.13%	0.23%	0.13%
APLE	B	0.09%	0.24%	0.09%
APOG	B	0.04%	0.13%	0.04%
ARCB	C	0.14%	0.19%	0.14%
ARCH	B	0.14%	0.21%	0.14%
ARI	C	0.14%	0.08%	0.08%
ARLO	D	0.05%	0.08%	0.05%
AROC	A	0.09%	0.26%	0.09%
ASIX	B	0.03%	0.06%	0.03%
ASTE	C	0.05%	0.06%	0.05%
ASTH	F	0.05%	0.17%	0.05%
ATEN	A	0.05%	0.08%	0.05%
ATGE	B	0.14%	0.24%	0.14%
AUB	A	0.14%	0.26%	0.14%
AVA	C	0.13%	0.2%	0.13%
AVAV	C	0.26%	0.43%	0.26%
AVNS	F	0.04%	0.06%	0.04%
AWI	B	0.25%	0.46%	0.25%
AWR	A	0.13%	0.22%	0.13%
AX	A	0.2%	0.3%	0.2%
B	A	0.07%	0.15%	0.07%
BANC	B	0.12%	0.15%	0.12%
BANF	B	0.12%	0.17%	0.12%
BCC	A	0.15%	0.38%	0.15%
BCPC	B	0.22%	0.4%	0.22%
BFH	B	0.19%	0.21%	0.19%
BFS	C	0.05%	0.03%	0.03%
BGC	B	0.17%	0.3%	0.17%
BGS	F	0.04%	0.04%	0.04%
BHE	B	0.11%	0.13%	0.11%
BJRI	B	0.04%	0.06%	0.04%
BKE	A	0.09%	0.09%	0.09%
BKU	A	0.13%	0.2%	0.13%
BL	C	0.13%	0.21%	0.13%
BLFS	D	0.09%	0.07%	0.07%
BLMN	F	0.07%	0.09%	0.07%
BMI	C	0.1%	0.46%	0.1%
BOH	B	0.13%	0.21%	0.13%
BOOT	C	0.2%	0.28%	0.2%
BOX	B	0.23%	0.34%	0.23%
BSIG	A	0.05%	0.06%	0.05%
BTU	B	0.1%	0.25%	0.1%
BXMT	D	0.1%	0.23%	0.1%
CABO	C	0.09%	0.12%	0.09%
CAKE	B	0.12%	0.15%	0.12%
CAL	F	0.06%	0.07%	0.06%
CALM	A	0.12%	0.25%	0.12%
CALX	F	0.12%	0.14%	0.12%
CARG	A	0.09%	0.2%	0.09%
CASH	B	0.06%	0.14%	0.06%
CATY	A	0.02%	0.25%	0.02%
CBRL	C	0.05%	0.08%	0.05%
CCOI	B	0.19%	0.25%	0.19%
CCS	F	0.16%	0.17%	0.16%
CEIX	A	0.23%	0.24%	0.23%
CENX	B	0.04%	0.08%	0.04%
CERT	F	0.06%	0.08%	0.06%
CEVA	B	0.02%	0.05%	0.02%
CFFN	B	0.05%	0.06%	0.05%
CHEF	C	0.07%	0.1%	0.07%
CLB	C	0.05%	0.07%	0.05%
CNK	A	0.13%	0.23%	0.13%
CNS	B	0.12%	0.19%	0.12%
CNXN	D	0.04%	0.06%	0.04%
COHU	D	0.05%	0.09%	0.05%
COOP	B	0.23%	0.44%	0.23%
CORT	C	0.21%	0.35%	0.21%
CPK	A	0.02%	0.19%	0.02%
CPRX	C	0.1%	0.18%	0.1%
CRC	A	0.28%	0.27%	0.27%
CRGY	A	0.06%	0.14%	0.06%
CRK	A	0.08%	0.08%	0.08%
CRVL	A	0.13%	0.22%	0.13%
CSGS	B	0.03%	0.11%	0.03%
CSR	B	0.04%	0.08%	0.04%
CSWI	A	0.32%	0.48%	0.32%
CTKB	C	0.04%	0.05%	0.04%
CTRE	D	0.21%	0.36%	0.21%
CTS	B	0.06%	0.12%	0.06%
CUBI	B	0.08%	0.1%	0.08%
CVBF	A	0.14%	0.2%	0.14%
CVCO	B	0.14%	0.26%	0.14%
CVI	D	0.06%	0.04%	0.04%
CWEN	C	0.1%	0.16%	0.1%
CWEN	C	0.1%	0.06%	0.06%
CWT	D	0.11%	0.21%	0.11%
CXM	C	0.05%	0.06%	0.05%
CXW	B	0.1%	0.17%	0.1%
DAN	F	0.03%	0.08%	0.03%
DCOM	A	0.05%	0.08%	0.05%
DEI	B	0.13%	0.22%	0.13%
DFIN	D	0.08%	0.12%	0.08%
DGII	B	0.04%	0.08%	0.04%
DIOD	F	0.13%	0.2%	0.13%
DLX	A	0.04%	0.07%	0.04%
DNOW	B	0.08%	0.1%	0.08%
DOCN	F	0.1%	0.17%	0.1%
DORM	B	0.12%	0.25%	0.12%
DRH	B	0.11%	0.13%	0.11%
DV	C	0.11%	0.19%	0.11%
DVAX	C	0.08%	0.1%	0.08%
DY	C	0.22%	0.36%	0.22%
EAT	A	0.19%	0.34%	0.19%
ECPG	B	0.04%	0.08%	0.04%
EFC	C	0.05%	0.08%	0.05%
EGBN	B	0.05%	0.06%	0.05%
ELME	D	0.09%	0.11%	0.09%
ENR	A	0.11%	0.15%	0.11%
ENV	B	0.08%	0.22%	0.08%
ENVA	B	0.1%	0.18%	0.1%
EPAC	B	0.13%	0.19%	0.13%
EPC	D	0.07%	0.12%	0.07%
EPRT	C	0.31%	0.39%	0.31%
ESE	A	0.15%	0.25%	0.15%
ETD	D	0.04%	0.04%	0.04%
EVTC	C	0.1%	0.16%	0.1%
EYE	C	0.08%	0.06%	0.06%
EZPW	A	0.04%	0.04%	0.04%
FBNC	B	0.1%	0.13%	0.1%
FBP	B	0.29%	0.24%	0.24%
FCPT	C	0.12%	0.18%	0.12%
FDP	A	0.05%	0.08%	0.05%
FELE	B	0.11%	0.3%	0.11%
FFBC	A	0.09%	0.19%	0.09%
FHB	B	0.19%	0.24%	0.19%
FIZZ	B	0.04%	0.08%	0.04%
FLGT	F	0.04%	0.03%	0.03%
FORM	F	0.08%	0.23%	0.08%
FOXF	F	0.09%	0.1%	0.09%
FSS	B	0.13%	0.38%	0.13%
FTDR	B	0.17%	0.3%	0.17%
FUL	F	0.14%	0.3%	0.14%
FULT	A	0.15%	0.26%	0.15%
FWRD	D	0.05%	0.05%	0.05%
GBX	A	0.1%	0.14%	0.1%
GDEN	B	0.04%	0.05%	0.04%
GDOT	D	0.03%	0.05%	0.03%
GEO	A	0.14%	0.23%	0.14%
GES	F	0.06%	0.03%	0.03%
GIII	D	0.07%	0.09%	0.07%
GMS	B	0.22%	0.27%	0.22%
GNW	A	0.07%	0.21%	0.07%
GO	C	0.07%	0.12%	0.07%
GOGO	C	0.07%	0.03%	0.03%
GPI	B	0.32%	0.36%	0.32%
GRBK	D	0.14%	0.15%	0.14%
GSHD	A	0.1%	0.19%	0.1%
GTES	A	0.19%	0.33%	0.19%
GVA	A	0.19%	0.29%	0.19%
HAIN	F	0.02%	0.05%	0.02%
HASI	F	0.17%	0.26%	0.17%
HAYN	A	0.04%	0.05%	0.04%
HAYW	A	0.08%	0.16%	0.08%
HBI	A	0.07%	0.2%	0.07%
HCC	B	0.17%	0.27%	0.17%
HCI	C	0.03%	0.07%	0.03%
HELE	C	0.07%	0.1%	0.07%
HFWA	B	0.06%	0.06%	0.06%
HI	C	0.11%	0.15%	0.11%
HIMS	C	0.15%	0.31%	0.15%
HIW	D	0.13%	0.25%	0.13%
HLIT	F	0.05%	0.1%	0.05%
HMN	B	0.07%	0.12%	0.07%
HNI	B	0.09%	0.18%	0.09%
HSII	B	0.05%	0.06%	0.05%
HSTM	B	0.08%	0.05%	0.05%
HTZ	C	0.03%	0.03%	0.03%
HUBG	A	0.14%	0.2%	0.14%
HWKN	B	0.05%	0.16%	0.05%
IART	C	0.11%	0.12%	0.11%
IBTX	B	0.12%	0.16%	0.12%
ICUI	D	0.21%	0.3%	0.21%
IDCC	A	0.17%	0.31%	0.17%
IIPR	F	0.14%	0.22%	0.14%
INDB	A	0.13%	0.21%	0.13%
INVA	C	0.04%	0.08%	0.04%
IOSP	C	0.13%	0.21%	0.13%
IPAR	C	0.1%	0.16%	0.1%
IRWD	D	0.03%	0.05%	0.03%
ITGR	B	0.27%	0.31%	0.27%
ITRI	B	0.15%	0.38%	0.15%
JACK	C	0.04%	0.06%	0.04%
JBLU	D	0.1%	0.13%	0.1%
JBT	A	0.12%	0.26%	0.12%
JJSF	C	0.12%	0.19%	0.12%
JXN	B	0.34%	0.58%	0.34%
KALU	C	0.04%	0.09%	0.04%
KAR	A	0.1%	0.15%	0.1%
KFY	B	0.3%	0.29%	0.29%
KLG	D	0.06%	0.09%	0.06%
KLIC	C	0.18%	0.18%	0.18%
KMT	B	0.17%	0.16%	0.16%
KN	B	0.1%	0.12%	0.1%
KOP	C	0.04%	0.05%	0.04%
KREF	D	0.04%	0.05%	0.04%
KRYS	C	0.16%	0.33%	0.16%
KSS	F	0.12%	0.14%	0.12%
KTB	A	0.13%	0.31%	0.13%
KW	C	0.04%	0.09%	0.04%
KWR	C	0.12%	0.16%	0.12%
LCII	D	0.15%	0.2%	0.15%
LESL	C	0.04%	0.04%	0.04%
LGIH	F	0.1%	0.16%	0.1%
LGND	C	0.09%	0.16%	0.09%
LKFN	A	0.1%	0.13%	0.1%
LNN	B	0.05%	0.1%	0.05%
LRN	A	0.17%	0.29%	0.17%
LXP	D	0.2%	0.2%	0.2%
LZB	A	0.08%	0.12%	0.08%
MAC	A	0.19%	0.29%	0.19%
MARA	C	0.22%	0.39%	0.22%
MATX	B	0.3%	0.38%	0.3%
MC	B	0.33%	0.38%	0.33%
MCW	C	0.04%	0.05%	0.04%
MCY	A	0.09%	0.13%	0.09%
MD	B	0.05%	0.09%	0.05%
MGEE	A	0.14%	0.24%	0.14%
MHO	D	0.22%	0.31%	0.22%
MNRO	B	0.04%	0.06%	0.04%
MODG	F	0.09%	0.1%	0.09%
MOG.A	B	0.16%	0.44%	0.16%
MP	B	0.09%	0.17%	0.09%
MRCY	B	0.13%	0.15%	0.13%
MRTN	C	0.1%	0.07%	0.07%
MSEX	B	0.05%	0.08%	0.05%
MSGS	B	0.13%	0.26%	0.13%
MTRN	C	0.1%	0.17%	0.1%
MTX	B	0.12%	0.18%	0.12%
MXL	D	0.03%	0.08%	0.03%
MYRG	C	0.1%	0.17%	0.1%
NABL	F	0.04%	0.06%	0.04%
NARI	B	0.07%	0.18%	0.07%
NAVI	F	0.05%	0.08%	0.05%
NBR	D	0.03%	0.05%	0.03%
NBTB	B	0.12%	0.16%	0.12%
NGVT	B	0.12%	0.12%	0.12%
NHC	B	0.1%	0.11%	0.1%
NMIH	D	0.16%	0.21%	0.16%
NOG	A	0.1%	0.28%	0.1%
NPK	C	0.05%	0.03%	0.03%
NTCT	B	0.05%	0.11%	0.05%
NVEE	F	0.05%	0.09%	0.05%
NVRI	F	0.02%	0.04%	0.02%
NWL	B	0.15%	0.26%	0.15%
NWN	A	0.05%	0.11%	0.05%
NX	C	0.09%	0.1%	0.09%
NXRT	A	0.06%	0.07%	0.06%
ODP	F	0.06%	0.06%	0.06%
OFG	B	0.18%	0.14%	0.14%
OII	B	0.18%	0.2%	0.18%
OMCL	C	0.13%	0.17%	0.13%
OTTR	C	0.15%	0.24%	0.15%
OUT	A	0.13%	0.17%	0.13%
PARR	D	0.1%	0.06%	0.06%
PATK	C	0.08%	0.2%	0.08%
PAYO	A	0.12%	0.19%	0.12%
PBH	A	0.16%	0.28%	0.16%
PBI	C	0.07%	0.09%	0.07%
PCRX	C	0.04%	0.06%	0.04%
PDCO	D	0.09%	0.12%	0.09%
PDFS	D	0.03%	0.07%	0.03%
PEB	F	0.1%	0.11%	0.1%
PECO	A	0.23%	0.33%	0.23%
PENN	C	0.14%	0.21%	0.14%
PFS	A	0.13%	0.19%	0.13%
PHIN	A	0.09%	0.15%	0.09%
PI	D	0.1%	0.32%	0.1%
PINC	B	0.01%	0.17%	0.01%
PIPR	A	0.3%	0.37%	0.3%
PJT	B	0.17%	0.26%	0.17%
PLAB	D	0.08%	0.11%	0.08%
PLUS	F	0.14%	0.18%	0.14%
PLXS	B	0.17%	0.31%	0.17%
POWL	C	0.17%	0.22%	0.17%
PPBI	B	0.13%	0.19%	0.13%
PRA	B	0.04%	0.06%	0.04%
PRDO	B	0.08%	0.11%	0.08%
PRGS	B	0.12%	0.2%	0.12%
PRK	B	0.14%	0.19%	0.14%
PRLB	B	0.05%	0.07%	0.05%
PRVA	B	0.1%	0.16%	0.1%
PSMT	D	0.11%	0.16%	0.11%
PTGX	D	0.13%	0.19%	0.13%
PUMP	C	0.04%	0.04%	0.04%
PZZA	D	0.11%	0.13%	0.11%
QNST	C	0.03%	0.09%	0.03%
RAMP	C	0.08%	0.13%	0.08%
RC	D	0.09%	0.08%	0.08%
RCUS	F	0.05%	0.06%	0.05%
RDN	D	0.24%	0.35%	0.24%
RDNT	B	0.24%	0.32%	0.24%
RES	F	0.03%	0.04%	0.03%
REX	C	0.09%	0.05%	0.05%
REZI	A	0.16%	0.22%	0.16%
RNST	B	0.09%	0.16%	0.09%
ROG	D	0.08%	0.13%	0.08%
ROIC	A	0.15%	0.15%	0.15%
RUSHA	B	0.17%	0.27%	0.17%
RXO	C	0.15%	0.27%	0.15%
SABR	B	0.05%	0.09%	0.05%
SAFT	B	0.06%	0.09%	0.06%
SAH	B	0.04%	0.07%	0.04%
SANM	B	0.19%	0.32%	0.19%
SATS	D	0.07%	0.22%	0.07%
SBCF	B	0.12%	0.17%	0.12%
SBH	A	0.1%	0.09%	0.09%
SBSI	B	0.06%	0.07%	0.06%
SCL	D	0.05%	0.12%	0.05%
SCSC	B	0.05%	0.08%	0.05%
SDGR	D	0.0%	0.07%	0.0%
SEM	B	0.2%	0.28%	0.2%
SFBS	B	0.22%	0.33%	0.22%
SFNC	B	0.14%	0.21%	0.14%
SHAK	B	0.19%	0.36%	0.19%
SHO	D	0.12%	0.15%	0.12%
SHOO	D	0.08%	0.23%	0.08%
SIG	C	0.1%	0.3%	0.1%
SITM	B	0.15%	0.29%	0.15%
SJW	F	0.05%	0.12%	0.05%
SKT	A	0.2%	0.27%	0.2%
SKYW	B	0.17%	0.31%	0.17%
SLG	B	0.24%	0.36%	0.24%
SLP	F	0.03%	0.03%	0.03%
SLVM	B	0.16%	0.22%	0.16%
SMPL	B	0.16%	0.22%	0.16%
SMTC	C	0.14%	0.26%	0.14%
SNCY	C	0.04%	0.04%	0.04%
SNDR	B	0.06%	0.1%	0.06%
SNEX	A	0.1%	0.19%	0.1%
SONO	C	0.07%	0.11%	0.07%
SPNT	A	0.05%	0.09%	0.05%
SPTN	F	0.04%	0.05%	0.04%
STAA	F	0.1%	0.11%	0.1%
STBA	B	0.07%	0.11%	0.07%
STC	A	0.13%	0.14%	0.13%
STEP	B	0.14%	0.28%	0.14%
STRA	C	0.08%	0.17%	0.08%
SUPN	B	0.09%	0.14%	0.09%
SXC	A	0.06%	0.07%	0.06%
SXI	A	0.08%	0.17%	0.08%
SXT	C	0.13%	0.24%	0.13%
TALO	C	0.08%	0.1%	0.08%
TDS	B	0.13%	0.22%	0.13%
TGNA	B	0.13%	0.22%	0.13%
TGTX	C	0.14%	0.26%	0.14%
TILE	B	0.05%	0.1%	0.05%
TMP	A	0.07%	0.06%	0.06%
TPH	D	0.17%	0.27%	0.17%
TRIP	D	0.08%	0.12%	0.08%
TRMK	B	0.06%	0.16%	0.06%
TRN	A	0.1%	0.21%	0.1%
TRST	A	0.06%	0.05%	0.05%
TRUP	B	0.08%	0.11%	0.08%
TTGT	C	0.04%	0.05%	0.04%
TTMI	B	0.11%	0.18%	0.11%
TWI	F	0.04%	0.02%	0.02%
UCB	A	0.16%	0.26%	0.16%
UCTT	F	0.06%	0.12%	0.06%
UE	B	0.16%	0.19%	0.16%
UFCS	A	0.04%	0.04%	0.04%
UNF	B	0.12%	0.2%	0.12%
UNFI	A	0.05%	0.09%	0.05%
UNIT	B	0.07%	0.1%	0.07%
USPH	C	0.08%	0.1%	0.08%
VCEL	B	0.12%	0.17%	0.12%
VIAV	B	0.1%	0.16%	0.1%
VICR	C	0.05%	0.09%	0.05%
VIR	F	0.04%	0.06%	0.04%
VIRT	A	0.12%	0.19%	0.12%
VRE	A	0.04%	0.1%	0.04%
VRRM	F	0.02%	0.27%	0.02%
VSCO	A	0.1%	0.19%	0.1%
VSTO	A	0.09%	0.18%	0.09%
VSTS	F	0.08%	0.11%	0.08%
VTLE	C	0.04%	0.06%	0.04%
VTOL	B	0.03%	0.06%	0.03%
VVI	B	0.05%	0.06%	0.05%
WABC	B	0.07%	0.1%	0.07%
WAFD	B	0.12%	0.21%	0.12%
WD	D	0.16%	0.25%	0.16%
WDFC	B	0.15%	0.25%	0.15%
WERN	B	0.09%	0.17%	0.09%
WHD	B	0.13%	0.31%	0.13%
WNC	C	0.0%	0.06%	0.0%
WOLF	F	0.08%	0.07%	0.07%
WRLD	D	0.03%	0.03%	0.03%
WS	B	0.06%	0.11%	0.06%
WSFS	A	0.15%	0.23%	0.15%
WT	A	0.05%	0.09%	0.05%
WWW	A	0.04%	0.12%	0.04%
XHR	B	0.05%	0.11%	0.05%
XNCR	B	0.03%	0.1%	0.03%
XPEL	C	0.05%	0.07%	0.05%
XRX	F	0.06%	0.07%	0.06%
YELP	C	0.07%	0.17%	0.07%
YOU	D	0.15%	0.18%	0.15%

RFLR Overweight 675 Positions Relative to SPSM

Symbol	Grade	Weight
CNX	A	0.29%
CBT	C	0.29%
OLLI	D	0.28%
KAI	A	0.28%
HLNE	B	0.28%
FOUR	A	0.27%
APPF	C	0.26%
HRI	B	0.26%
MDGL	C	0.25%
NVST	C	0.24%
TPG	A	0.24%
STRL	B	0.24%
COLB	B	0.24%
KD	A	0.23%
KNF	B	0.23%
ALTR	B	0.23%
BDC	B	0.23%
AVNT	B	0.23%
QXO	D	0.23%
IESC	B	0.22%
BECN	A	0.22%
SR	A	0.22%
QTWO	B	0.22%
UMBF	B	0.21%
DNLI	C	0.21%
HAE	B	0.21%
ASB	B	0.21%
OGS	A	0.21%
HWC	B	0.2%
ALE	A	0.2%
WK	B	0.2%
AUR	C	0.2%
LOPE	B	0.2%
BKH	A	0.2%
HCP	B	0.2%
AVT	C	0.19%
LEVI	F	0.19%
HL	D	0.18%
UPST	B	0.18%
SBRA	C	0.18%
ENS	D	0.18%
CNO	A	0.18%
WTM	A	0.18%
RDDT	A	0.17%
CRNX	C	0.17%
ESGR	B	0.17%
SLAB	F	0.17%
CWAN	C	0.17%
ENOV	C	0.17%
TEX	D	0.17%
ALIT	C	0.17%
RYTM	C	0.17%
SGBX	F	0.17%
RKLB	B	0.17%
SFL	D	0.17%
ACLX	C	0.17%
R	B	0.17%
KMPR	A	0.17%
PNM	B	0.16%
MOD	C	0.16%
EBC	A	0.16%
TNL	A	0.16%
SPR	D	0.16%
RRR	F	0.16%
PRIM	A	0.16%
PK	D	0.16%
AXSM	B	0.16%
WSBC	A	0.15%
ROAD	B	0.15%
BLKB	C	0.15%
GPOR	A	0.15%
PTCT	C	0.15%
KFRC	D	0.15%
CBZ	B	0.15%
TCBI	A	0.15%
RIOT	C	0.15%
AXNX	A	0.15%
INTA	B	0.15%
CDP	C	0.14%
FHI	A	0.14%
PEGA	B	0.14%
AMED	F	0.14%
BHF	B	0.14%
ARWR	D	0.14%
NCNO	B	0.14%
BROS	A	0.14%
RNA	C	0.14%
AI	C	0.14%
UEC	A	0.14%
LAUR	A	0.14%
VCYT	B	0.14%
IBOC	A	0.14%
SYNA	D	0.14%
HTLF	B	0.13%
LITE	B	0.13%
MIR	A	0.13%
FROG	C	0.13%
SGRY	F	0.13%
IOVA	D	0.13%
FIBK	A	0.13%
SNDX	F	0.13%
FOLD	F	0.13%
DOCS	B	0.13%
GATX	A	0.13%
MGRC	B	0.13%
BNL	D	0.13%
FIVN	C	0.12%
RNG	C	0.12%
RPD	C	0.12%
VSH	F	0.12%
FA	D	0.12%
PTON	C	0.12%
CPA	A	0.12%
PCH	D	0.12%
SPB	C	0.12%
GERN	F	0.12%
EPR	D	0.12%
SMG	D	0.12%
ZETA	D	0.12%
NMRK	A	0.12%
UAA	B	0.12%
CLSK	C	0.12%
TDC	F	0.11%
ACAD	C	0.11%
GT	C	0.11%
VC	F	0.11%
AGM	B	0.11%
NNI	C	0.11%
SAM	C	0.11%
AMBA	B	0.11%
MNKD	B	0.11%
WTTR	A	0.11%
HURN	B	0.11%
VCTR	B	0.11%
MWA	B	0.11%
GLNG	C	0.11%
NVGS	C	0.11%
SYBT	B	0.11%
BXC	A	0.1%
ESRT	D	0.1%
LMND	A	0.1%
MIRM	C	0.1%
ATRC	C	0.1%
UMH	A	0.1%
EWTX	C	0.1%
WINA	B	0.1%
VAC	C	0.1%
ICFI	F	0.1%
TWST	F	0.1%
TDOC	C	0.1%
IPGP	D	0.1%
AKRO	C	0.1%
NTB	B	0.1%
EQC	A	0.1%
IMVT	F	0.1%
SHC	D	0.1%
JWN	C	0.1%
ARDX	F	0.09%
HROW	D	0.09%
GSAT	C	0.09%
QS	F	0.09%
CC	C	0.09%
NWE	C	0.09%
AIV	C	0.09%
ARVN	D	0.09%
KTOS	C	0.09%
AGIO	C	0.09%
SPT	C	0.09%
VERX	B	0.09%
PRM	C	0.09%
CXT	D	0.09%
KROS	D	0.09%
GOLF	B	0.09%
CMPR	F	0.09%
GHC	B	0.09%
PRCT	B	0.09%
IMKTA	C	0.09%
VSEC	B	0.09%
CMCO	C	0.09%
FRSH	C	0.09%
NPAB	F	0.09%
HLIO	B	0.09%
OEC	C	0.08%
REVG	B	0.08%
RXRX	F	0.08%
THR	B	0.08%
JANX	C	0.08%
CLNE	D	0.08%
CGON	D	0.08%
PCT	C	0.08%
PAR	A	0.08%
XMTR	C	0.08%
APPN	C	0.08%
FRHC	A	0.08%
VRDN	C	0.08%
VERA	B	0.08%
NSSC	F	0.08%
UA	B	0.08%
BCRX	D	0.08%
PD	C	0.08%
LBPH	A	0.08%
PLUG	F	0.08%
TARS	C	0.07%
PNTG	D	0.07%
COUR	F	0.07%
VMEO	B	0.07%
NVRO	F	0.07%
CTBI	A	0.07%
NIC	B	0.07%
TPC	B	0.07%
TCBK	A	0.07%
AVXL	C	0.07%
SMR	A	0.07%
UPWK	C	0.07%
AMSC	C	0.07%
CLOV	D	0.07%
PLRX	D	0.07%
OKLO	C	0.07%
VREX	C	0.07%
AMRC	F	0.07%
SRRK	C	0.07%
AGX	C	0.07%
WRBY	A	0.07%
HEES	B	0.07%
RVLV	B	0.07%
EOLS	F	0.06%
BE	B	0.06%
GSBC	B	0.06%
EBTC	B	0.06%
ACT	D	0.06%
MCBS	B	0.06%
JBI	F	0.06%
PFIS	B	0.06%
OPY	B	0.06%
SPFI	B	0.06%
SHBI	A	0.06%
CRMT	F	0.06%
EVRI	A	0.06%
IRON	C	0.06%
FCBC	B	0.06%
NEXT	B	0.06%
WTBA	B	0.06%
OBK	B	0.06%
TRS	D	0.06%
RBCAA	B	0.06%
BMRC	A	0.06%
CECO	C	0.06%
SMBK	B	0.06%
CIVB	B	0.06%
BKD	F	0.06%
DAWN	D	0.06%
MBWM	B	0.06%
MSBI	B	0.06%
COMM	D	0.06%
NTST	D	0.06%
USLM	A	0.06%
CDE	C	0.06%
FLNC	D	0.06%
TVTX	C	0.06%
SKY	A	0.06%
WASH	B	0.06%
CNOB	B	0.06%
MQ	D	0.06%
KYMR	C	0.06%
LADR	B	0.06%
IRMD	B	0.06%
DFH	F	0.06%
SEMR	D	0.06%
TCMD	A	0.06%
DBRG	F	0.06%
PFC	A	0.06%
CAC	B	0.06%
TMCI	C	0.06%
LGF.A	F	0.06%
OCUL	C	0.06%
LEU	C	0.06%
UNTY	A	0.06%
ETNB	D	0.06%
SOUN	C	0.06%
CNNE	B	0.05%
ATSG	A	0.05%
COGT	D	0.05%
FFIC	B	0.05%
DRVN	A	0.05%
SPNS	F	0.05%
LMB	A	0.05%
PSTL	D	0.05%
SCS	B	0.05%
DGICA	B	0.05%
TRC	F	0.05%
CAR	C	0.05%
ACCO	B	0.05%
FRBA	C	0.05%
ECVT	C	0.05%
ASAN	C	0.05%
FIGS	F	0.05%
CZNC	B	0.05%
WULF	C	0.05%
GNTY	A	0.05%
RLJ	C	0.05%
SPRY	C	0.05%
ULH	B	0.05%
BV	C	0.05%
OLP	B	0.05%
LC	A	0.05%
TPB	A	0.05%
IDT	B	0.05%
ALRS	D	0.05%
INDI	C	0.05%
CRAI	B	0.05%
MLR	C	0.05%
KOS	D	0.05%
CTO	B	0.05%
PCB	A	0.05%
TSBK	B	0.05%
TROX	F	0.05%
RBB	B	0.05%
CIFR	C	0.05%
BWB	B	0.05%
AXGN	D	0.05%
CBAN	A	0.05%
SD	D	0.05%
NBN	B	0.05%
HBCP	B	0.05%
FBIZ	B	0.05%
MOFG	A	0.05%
FNLC	B	0.05%
CTLP	B	0.05%
IVT	A	0.05%
FSLY	D	0.05%
EEX	C	0.05%
CBNK	B	0.05%
AMC	F	0.05%
BCML	A	0.05%
CCBG	B	0.05%
MSGE	F	0.05%
GENI	B	0.05%
AMRX	C	0.05%
CBL	A	0.05%
GASS	D	0.05%
OSW	B	0.05%
HTBK	A	0.05%
CMRE	B	0.05%
BCO	F	0.04%
IAS	D	0.04%
FORR	D	0.04%
BCBP	A	0.04%
PAY	A	0.04%
HVT	D	0.04%
ACDC	C	0.04%
VEL	A	0.04%
FLYW	B	0.04%
ACTG	F	0.04%
ACHR	B	0.04%
MBUU	C	0.04%
SB	D	0.04%
UTI	A	0.04%
BMBL	C	0.04%
AVD	C	0.04%
ALKT	B	0.04%
ONTF	C	0.04%
MBIN	F	0.04%
SBT	C	0.04%
MDXG	A	0.04%
TYRA	F	0.04%
SAVA	C	0.04%
GTX	D	0.04%
GDYN	C	0.04%
SWBI	D	0.04%
TREE	F	0.04%
CSTL	C	0.04%
GLDD	B	0.04%
BOC	D	0.04%
RBBN	B	0.04%
ZUO	B	0.04%
PLTK	A	0.04%
BZH	C	0.04%
PYCR	C	0.04%
CHCT	C	0.04%
MRC	B	0.04%
TRNS	F	0.04%
DX	A	0.04%
LILAK	F	0.04%
AVO	B	0.04%
ALX	D	0.04%
ENVX	F	0.04%
RYI	C	0.04%
JAMF	F	0.04%
PCYO	A	0.04%
PGRE	D	0.04%
PRO	C	0.04%
BRSP	B	0.04%
RM	D	0.04%
CDXC	A	0.04%
CARE	B	0.04%
TGLS	B	0.04%
OLMA	F	0.04%
PHAT	F	0.04%
AMTB	B	0.04%
AROW	B	0.04%
FPI	A	0.04%
KE	C	0.04%
EE	A	0.04%
RVNC	F	0.04%
RBRK	B	0.04%
WMK	B	0.04%
OLO	B	0.04%
IBUY	B	0.04%
PPTA	B	0.04%
MLNK	C	0.04%
HGTY	B	0.04%
DCO	B	0.04%
ANET	C	0.04%
APLD	C	0.04%
BLX	B	0.04%
UTZ	D	0.04%
APLT	C	0.04%
USCB	B	0.04%
NAPA	A	0.04%
KRNY	B	0.04%
FWRG	C	0.04%
PDM	D	0.04%
CGEM	F	0.04%
PINE	D	0.04%
DOLE	D	0.04%
SFST	A	0.04%
LAND	F	0.04%
BTBT	C	0.03%
PAYS	F	0.03%
EOSE	D	0.03%
CELC	F	0.03%
MGNI	B	0.03%
OPRX	F	0.03%
LGF.A	F	0.03%
EBS	C	0.03%
ARRY	D	0.03%
LOVE	A	0.03%
SAGE	F	0.03%
ZUMZ	D	0.03%
CDXS	C	0.03%
ALLO	D	0.03%
VERV	F	0.03%
INNV	F	0.03%
IBTA	D	0.03%
HY	D	0.03%
DCGO	B	0.03%
LFST	C	0.03%
XOMA	B	0.03%
ERII	D	0.03%
LQDA	F	0.03%
BOOM	F	0.03%
CLFD	F	0.03%
QSI	F	0.03%
GATO	C	0.03%
OZ	B	0.03%
ZNTL	D	0.03%
INOD	B	0.03%
BAND	D	0.03%
MTRX	B	0.03%
CDRE	F	0.03%
PRCH	C	0.03%
ESEA	C	0.03%
PL	B	0.03%
FFWM	C	0.03%
XERS	C	0.03%
NRIX	C	0.03%
EDIT	F	0.03%
RAPT	F	0.03%
CATO	C	0.03%
CCSI	B	0.03%
SRI	F	0.03%
DAKT	A	0.03%
CPS	C	0.03%
CVGW	C	0.03%
BIGC	C	0.03%
RDUS	C	0.03%
USM	B	0.03%
PRTH	A	0.03%
NINE	C	0.03%
METC	C	0.03%
GEVO	D	0.03%
TRTX	B	0.03%
BASE	C	0.03%
ODC	D	0.03%
AGS	A	0.03%
YEXT	B	0.03%
CRBU	D	0.03%
HUMA	F	0.03%
IMXI	B	0.03%
ALDX	D	0.03%
NRDS	C	0.03%
EGHT	C	0.03%
BBW	B	0.03%
VNDA	C	0.03%
SANA	F	0.03%
CRMD	C	0.03%
KRUS	D	0.03%
ZIP	D	0.03%
PACB	F	0.03%
BYND	F	0.03%
DC	F	0.03%
BH	A	0.03%
LIND	A	0.03%
FOR	F	0.03%
OSUR	F	0.03%
PTLO	F	0.03%
MITK	C	0.03%
BKSY	B	0.03%
LYEL	F	0.03%
LWLG	D	0.03%
PTVE	C	0.03%
WEAV	B	0.03%
SMTI	B	0.03%
AAOI	A	0.03%
RXST	F	0.03%
MEI	F	0.03%
COFS	A	0.03%
VZIO	A	0.03%
CVEO	D	0.03%
PUBM	D	0.03%
ONEW	F	0.03%
OFIX	B	0.03%
SHYF	C	0.03%
WLDN	C	0.03%
RPAY	D	0.03%
UVE	A	0.03%
LYTS	A	0.03%
FET	D	0.03%
BLND	A	0.03%
DBI	F	0.03%
PFMT	F	0.03%
FREY	B	0.03%
ANGO	C	0.03%
GTN	F	0.03%
CDZI	B	0.03%
PLOW	D	0.03%
IE	D	0.03%
GWRS	B	0.03%
TTI	B	0.03%
XBIT	D	0.02%
GBLI	A	0.02%
BLUE	F	0.02%
FNKO	D	0.02%
FULC	F	0.02%
PRME	F	0.02%
BVS	D	0.02%
ALXO	F	0.02%
REAL	B	0.02%
STRO	D	0.02%
CADL	F	0.02%
IRBT	F	0.02%
KFS	B	0.02%
AQST	D	0.02%
IHRT	C	0.02%
INZY	F	0.02%
ACMR	F	0.02%
TSE	F	0.02%
LWAY	C	0.02%
ASRT	F	0.02%
PLCE	C	0.02%
SGHT	F	0.02%
BLNK	F	0.02%
OLPX	F	0.02%
MODV	D	0.02%
RYAM	B	0.02%
INO	F	0.02%
OUST	C	0.02%
BW	C	0.02%
TSVT	F	0.02%
MEC	F	0.02%
KOPN	C	0.02%
OM	D	0.02%
SWIM	D	0.02%
XPOF	B	0.02%
NKTR	F	0.02%
LFMD	C	0.02%
ESPR	C	0.02%
LUNR	B	0.02%
YMAB	F	0.02%
RSI	B	0.02%
PSTX	D	0.02%
AEHR	F	0.02%
RZLT	C	0.02%
URGN	F	0.02%
OBIO	C	0.02%
BRCC	F	0.02%
UIS	B	0.02%
LRMR	D	0.02%
NPCE	C	0.02%
UONE	F	0.02%
OMER	B	0.02%
CRCT	F	0.02%
GLSI	F	0.02%
EXFY	B	0.02%
HNRG	A	0.02%
ACRV	D	0.02%
MRSN	C	0.02%
MVIS	F	0.02%
EYPT	D	0.02%
VITL	F	0.02%
ACIC	B	0.02%
GSL	F	0.02%
ABSI	F	0.02%
LAZR	D	0.02%
ARKO	D	0.02%
TNYA	D	0.02%
DSGN	C	0.02%
AMPS	C	0.02%
SERA	F	0.02%
STXS	C	0.02%
SLDP	F	0.02%
AEYE	C	0.02%
PACK	C	0.02%
ELVN	C	0.02%
LXRX	F	0.02%
DDD	C	0.02%
SPCE	C	0.02%
AIOT	A	0.02%
PGEN	F	0.02%
SENS	F	0.02%
MUX	F	0.02%
FCEL	B	0.02%
SCPH	F	0.02%
MCB	A	0.02%
RCEL	B	0.02%
TLYS	F	0.02%
SPOK	B	0.02%
BFLY	B	0.02%
EAF	B	0.02%
HNST	A	0.02%
SRDX	C	0.02%
NDLS	F	0.02%
ANGI	F	0.02%
ENTA	F	0.02%
KALV	F	0.02%
MNMD	C	0.02%
APPS	F	0.02%
AKBA	C	0.02%
BELFB	C	0.02%
TWKS	B	0.02%
AMCX	C	0.02%
REPL	C	0.02%
COOK	D	0.02%
CCO	D	0.02%
CHGG	D	0.02%
RLGT	B	0.02%
MGNX	D	0.02%
BOWL	C	0.02%
GCI	D	0.02%
VOR	D	0.02%
TRDA	C	0.02%
NNBR	C	0.02%
ARAY	D	0.02%
ATUS	C	0.02%
BALY	A	0.02%
TSHA	D	0.01%
GOSS	F	0.01%
HRTX	F	0.01%
LILA	F	0.01%
SLQT	C	0.01%
FPH	C	0.01%
SES	F	0.01%
MAX	F	0.01%
BMEA	F	0.01%
VERI	F	0.01%
GHLD	F	0.01%
VERU	F	0.01%
STTK	F	0.01%
LNZA	F	0.01%
CABA	F	0.01%
TPIC	F	0.01%
PSNL	D	0.01%
IGMS	F	0.01%
NRC	F	0.01%
ORGN	D	0.0%

RFLR Underweight 163 Positions Relative to SPSM

Symbol	Grade	Weight
MLI	B	-0.73%
LUMN	C	-0.65%
CMA	B	-0.63%
CRS	A	-0.61%
RHI	C	-0.54%
GKOS	B	-0.53%
VFC	C	-0.5%
BBWI	C	-0.49%
ATI	D	-0.49%
SPSC	F	-0.48%
MTH	D	-0.47%
ALK	A	-0.45%
ETSY	D	-0.43%
LNC	B	-0.42%
MMSI	A	-0.41%
INSP	F	-0.41%
ZWS	B	-0.39%
SEE	D	-0.36%
IBP	F	-0.35%
MGY	A	-0.35%
AL	A	-0.34%
SM	C	-0.34%
ALKS	C	-0.33%
NSIT	F	-0.33%
OGN	F	-0.29%
DXC	D	-0.28%
IAC	F	-0.27%
ASO	F	-0.26%
CBU	B	-0.25%
MDU	D	-0.25%
HP	C	-0.25%
CWK	B	-0.24%
NPO	A	-0.24%
BRC	C	-0.23%
LBRT	F	-0.21%
PTEN	C	-0.21%
TDW	F	-0.21%
ACLS	F	-0.2%
TMDX	F	-0.2%
MPW	F	-0.19%
GFF	B	-0.19%
UFPT	C	-0.18%
AIN	C	-0.18%
RUN	F	-0.18%
TBBK	A	-0.18%
BANR	A	-0.17%
AZZ	A	-0.17%
PLMR	A	-0.17%
CNMD	C	-0.16%
AAP	C	-0.16%
OSIS	A	-0.16%
URBN	C	-0.15%
TNDM	F	-0.15%
ZD	B	-0.15%
EXTR	C	-0.15%
ROCK	C	-0.15%
OI	D	-0.14%
PRG	B	-0.14%
JOE	F	-0.14%
NEO	C	-0.14%
VYX	C	-0.14%
NATL	C	-0.14%
FL	F	-0.14%
LMAT	A	-0.14%
TFIN	B	-0.14%
NWBI	A	-0.13%
NBHC	B	-0.13%
CHCO	B	-0.13%
FCF	A	-0.13%
FBK	B	-0.13%
WKC	D	-0.12%
LTC	B	-0.12%
MLKN	F	-0.12%
TNC	F	-0.12%
WGO	C	-0.12%
THS	F	-0.12%
ANDE	C	-0.11%
AMN	F	-0.11%
GTY	A	-0.11%
VRTS	B	-0.11%
GNL	D	-0.11%
VBTX	B	-0.11%
UPBD	C	-0.11%
MYGN	F	-0.11%
FTRE	D	-0.11%
LEG	F	-0.11%
HOPE	B	-0.11%
CENTA	C	-0.11%
VECO	F	-0.11%
THRM	F	-0.1%
HLX	C	-0.1%
JBGS	F	-0.1%
HTH	B	-0.1%
EXPI	C	-0.09%
PLAY	C	-0.09%
BHLB	B	-0.09%
UVV	B	-0.09%
PGNY	F	-0.09%
EIG	A	-0.09%
DEA	D	-0.09%
WOR	F	-0.09%
AAT	C	-0.09%
HRMY	D	-0.09%
CARS	B	-0.08%
BRKL	B	-0.08%
FBRT	C	-0.08%
AMSF	B	-0.08%
COLL	F	-0.08%
ICHR	C	-0.08%
OXM	F	-0.08%
PFBC	B	-0.08%
PMT	D	-0.08%
TGI	A	-0.08%
OMI	F	-0.07%
RWT	D	-0.07%
MMI	B	-0.07%
PRAA	C	-0.07%
LPG	F	-0.07%
MCRI	A	-0.07%
VSAT	F	-0.06%
CPF	A	-0.06%
SSTK	F	-0.06%
SEDG	F	-0.06%
HCSG	B	-0.06%
EMBC	C	-0.06%
DXPE	B	-0.06%
BDN	D	-0.06%
UTL	D	-0.06%
HPP	F	-0.05%
SCHL	F	-0.05%
SCVL	F	-0.05%
RGR	F	-0.05%
INN	D	-0.05%
MGPI	F	-0.05%
SMP	C	-0.05%
AXL	C	-0.05%
HAFC	A	-0.05%
MATV	F	-0.05%
SWI	B	-0.05%
MATW	C	-0.05%
GPRE	F	-0.05%
JBSS	F	-0.05%
TR	A	-0.04%
RGNX	F	-0.04%
HTLD	B	-0.04%
SVC	F	-0.04%
UHT	D	-0.04%
AMBC	C	-0.04%
LQDT	A	-0.04%
IIIN	C	-0.04%
SHEN	F	-0.04%
KELYA	F	-0.04%
MTUS	F	-0.04%
WSR	A	-0.04%
HZO	F	-0.04%
MLAB	F	-0.04%
CNSL	B	-0.03%
MYE	F	-0.03%
USNA	C	-0.03%
PAHC	B	-0.03%
THRY	F	-0.03%
CRSR	D	-0.02%
CENT	C	-0.02%