SMIZ vs. AFSM ETF Comparison

Comparison of Zacks Small/Mid Cap ETF (SMIZ) to Active Factor Small Cap ETF (AFSM)

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$35.06

Average Daily Volume

15,361

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.70

Average Daily Volume

15,631

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

Performance

Period	SMIZ	AFSM
30 Days	2.90%	1.38%
60 Days	6.44%	3.34%
90 Days	9.93%	6.28%
12 Months	34.86%	29.55%

37 Overlapping Holdings

Symbol	Grade	Weight in SMIZ	Weight in AFSM	Overlap
ADMA	C	1.05%	0.28%	0.28%
ALKS	C	0.46%	0.93%	0.46%
ANF	C	0.54%	0.82%	0.54%
APPF	C	0.37%	0.49%	0.37%
AYI	B	0.71%	0.14%	0.14%
BMI	C	0.65%	0.63%	0.63%
BRBR	A	1.19%	0.52%	0.52%
BTU	C	0.39%	0.55%	0.39%
CHCO	B	0.65%	0.54%	0.54%
COOP	B	0.29%	0.63%	0.29%
CRS	A	0.36%	0.87%	0.36%
CWCO	C	0.16%	0.13%	0.13%
EME	A	1.73%	0.79%	0.79%
EVER	F	0.23%	0.41%	0.23%
FIX	A	0.6%	0.79%	0.6%
GRBK	D	0.34%	0.3%	0.3%
HAE	C	0.31%	0.23%	0.23%
HRB	D	0.27%	0.44%	0.27%
HY	D	0.36%	0.16%	0.16%
KBH	D	0.36%	0.52%	0.36%
KRYS	C	0.38%	0.08%	0.08%
LRN	A	0.84%	0.36%	0.36%
MATX	B	0.54%	0.37%	0.37%
MCY	B	1.06%	0.65%	0.65%
MEDP	D	0.71%	0.27%	0.27%
MHO	D	0.44%	0.78%	0.44%
MTG	D	0.26%	0.73%	0.26%
MUSA	B	0.94%	0.51%	0.51%
PHR	F	0.19%	0.04%	0.04%
PK	D	0.69%	0.2%	0.2%
POWL	C	0.4%	0.7%	0.4%
PRM	B	0.79%	0.25%	0.25%
SLVM	C	1.01%	0.65%	0.65%
SPSC	F	0.36%	0.09%	0.09%
TMDX	F	0.19%	0.21%	0.19%
TMHC	B	0.71%	0.7%	0.7%
YEXT	B	0.64%	0.11%	0.11%

SMIZ Overweight 152 Positions Relative to AFSM

Symbol	Grade	Weight
PRA	B	1.12%
PODD	B	1.05%
NTRS	A	1.04%
ENR	B	1.01%
CBSH	A	0.96%
SNV	B	0.96%
COFS	A	0.95%
KW	B	0.92%
FISI	B	0.92%
ANET	C	0.91%
NTAP	C	0.9%
DDOG	A	0.9%
FULT	B	0.89%
RYAN	B	0.88%
FLS	A	0.86%
MCK	A	0.84%
LNG	A	0.84%
TROW	B	0.81%
NPAB	F	0.8%
GWRE	A	0.79%
ALX	D	0.79%
WMB	A	0.78%
ICUI	D	0.76%
CBAN	B	0.76%
TOL	B	0.76%
NRIM	A	0.74%
AXTA	B	0.73%
RMBS	C	0.72%
IBKR	A	0.69%
HHH	B	0.69%
CEG	C	0.68%
ZUO	B	0.68%
NI	A	0.67%
RCL	A	0.65%
BSRR	C	0.63%
IR	B	0.62%
SOFI	A	0.62%
VMI	B	0.61%
CINF	A	0.61%
OHI	B	0.6%
WTS	B	0.59%
TTWO	A	0.59%
VECO	F	0.58%
GLW	B	0.57%
HQY	A	0.57%
HUBB	B	0.57%
HIG	B	0.57%
VST	A	0.57%
TWLO	A	0.57%
BMRC	A	0.57%
NCLH	B	0.56%
ALRS	C	0.55%
JHG	B	0.55%
ARVN	F	0.55%
EIX	C	0.54%
KREF	D	0.54%
APH	B	0.54%
UAL	A	0.53%
PHM	D	0.51%
ICFI	F	0.5%
LDOS	C	0.5%
WING	D	0.5%
ALTR	B	0.5%
MASI	B	0.49%
IRDM	F	0.49%
UNM	A	0.49%
COIN	A	0.49%
ZBRA	B	0.49%
FLR	B	0.48%
PRI	A	0.48%
BAH	D	0.47%
WEAV	B	0.47%
CMTG	D	0.46%
SPT	C	0.46%
RMD	C	0.45%
SIRI	D	0.44%
JANX	C	0.44%
CHRW	B	0.43%
UIS	C	0.43%
NWPX	A	0.43%
TAP	B	0.43%
ITT	A	0.43%
WAB	B	0.43%
DUOL	A	0.42%
TXT	D	0.41%
HCAT	C	0.41%
CSL	C	0.4%
GTLB	B	0.4%
TSN	B	0.38%
EXPD	D	0.38%
ILMN	C	0.38%
CARG	B	0.38%
AGNC	C	0.37%
THC	C	0.36%
DRI	C	0.36%
VCYT	B	0.36%
HOLX	D	0.36%
FTNT	B	0.35%
GAP	D	0.35%
URBN	C	0.35%
AOSL	C	0.35%
QLYS	C	0.34%
OKTA	D	0.34%
KKR	A	0.34%
CBOE	C	0.33%
DOCU	B	0.33%
ROST	D	0.32%
UI	A	0.32%
RDFN	D	0.32%
ACGL	D	0.32%
OMC	C	0.32%
RIOT	C	0.31%
LHX	B	0.3%
HSTM	A	0.3%
CCS	F	0.3%
ALLO	F	0.29%
UHS	D	0.28%
FSLY	F	0.28%
RBB	B	0.28%
MGM	D	0.27%
PCVX	D	0.26%
WMS	F	0.26%
EPC	F	0.26%
EVTC	B	0.25%
GNTY	A	0.24%
AZEK	B	0.24%
INSP	F	0.24%
WASH	B	0.23%
NYT	D	0.23%
IRM	C	0.22%
KMPR	A	0.22%
ZM	B	0.22%
OPCH	F	0.21%
BRO	B	0.21%
PARR	F	0.21%
AIZ	A	0.21%
SN	D	0.2%
HL	C	0.2%
CPF	B	0.19%
POST	C	0.19%
EXAS	D	0.19%
STNE	F	0.19%
AXS	A	0.17%
DFH	F	0.17%
BMRN	F	0.16%
AFL	C	0.14%
AEO	F	0.13%
STKS	F	0.12%
COUR	F	0.12%
HRTX	F	0.09%
RUN	F	0.08%
SPCE	D	0.04%

SMIZ Underweight 258 Positions Relative to AFSM

Symbol	Grade	Weight
MLI	B	-1.38%
SKYW	B	-1.22%
NHC	B	-1.2%
IDCC	B	-1.17%
SFM	A	-1.0%
CPRX	C	-0.93%
PFBC	B	-0.87%
DAKT	B	-0.86%
STRL	A	-0.84%
ZETA	D	-0.81%
JXN	C	-0.78%
CVLT	B	-0.74%
BCC	C	-0.72%
CALM	A	-0.72%
HALO	F	-0.7%
UVE	A	-0.7%
TBBK	B	-0.7%
RDN	D	-0.7%
SANM	B	-0.67%
CEIX	A	-0.67%
SLG	B	-0.65%
HSII	B	-0.64%
AROC	A	-0.64%
CRVL	A	-0.62%
HWKN	B	-0.61%
FDP	B	-0.61%
GMED	A	-0.61%
GMS	B	-0.6%
REZI	A	-0.6%
UFPT	C	-0.6%
PLUS	F	-0.59%
NTB	B	-0.58%
PRK	B	-0.58%
EGBN	B	-0.57%
NHI	D	-0.57%
CORT	C	-0.57%
NMIH	D	-0.56%
SUPN	B	-0.56%
TGNA	B	-0.55%
OFG	B	-0.54%
BXC	B	-0.54%
CVNA	A	-0.53%
BELFB	C	-0.53%
STBA	B	-0.53%
DOLE	D	-0.53%
AMWD	C	-0.52%
HIMS	C	-0.51%
COKE	C	-0.51%
GEO	A	-0.51%
PI	D	-0.5%
WT	A	-0.49%
ACT	D	-0.49%
PRDO	B	-0.47%
TEX	D	-0.47%
DFIN	D	-0.46%
CSWI	A	-0.46%
PINC	B	-0.46%
DDS	B	-0.44%
PLAB	D	-0.43%
USLM	A	-0.43%
LNTH	F	-0.43%
WFRD	F	-0.42%
RMR	F	-0.42%
IESC	A	-0.41%
LGND	C	-0.41%
YMAB	F	-0.41%
QTWO	B	-0.4%
ADUS	D	-0.4%
AMR	C	-0.39%
BDC	B	-0.39%
PRGS	B	-0.38%
INMD	C	-0.38%
WNC	D	-0.38%
VRNT	D	-0.38%
M	D	-0.37%
RDNT	B	-0.37%
YOU	D	-0.37%
SIG	C	-0.37%
ANIP	D	-0.37%
APOG	B	-0.37%
TILE	B	-0.37%
BPMC	C	-0.36%
CRAI	B	-0.36%
LOPE	B	-0.36%
MD	C	-0.36%
HRMY	F	-0.36%
CAL	F	-0.36%
BLBD	F	-0.36%
IIPR	F	-0.36%
HIW	D	-0.35%
CNXN	D	-0.35%
CASH	B	-0.35%
ESNT	D	-0.34%
PDM	D	-0.34%
MOG.A	B	-0.34%
TRMK	B	-0.34%
MTH	D	-0.34%
CMC	B	-0.33%
FBP	B	-0.33%
ATKR	D	-0.33%
PBF	D	-0.32%
LPG	F	-0.32%
ATGE	B	-0.32%
PFS	B	-0.32%
CUZ	B	-0.31%
SCS	B	-0.31%
IBOC	B	-0.31%
SPNS	F	-0.3%
TWI	F	-0.3%
DXC	D	-0.3%
CNK	A	-0.3%
RXST	F	-0.3%
BHE	B	-0.29%
AKR	A	-0.29%
CRDO	B	-0.29%
DNOW	B	-0.29%
HURN	B	-0.29%
SBRA	B	-0.29%
TCMD	B	-0.29%
ODP	F	-0.29%
VIRT	A	-0.28%
BKE	B	-0.28%
PHIN	B	-0.28%
ASO	F	-0.28%
HUBG	A	-0.28%
THFF	B	-0.28%
AZZ	A	-0.27%
AVNS	F	-0.27%
SXC	A	-0.27%
ITCI	B	-0.27%
HCC	B	-0.27%
BNL	D	-0.27%
PSN	C	-0.27%
ABG	B	-0.26%
INTA	B	-0.26%
BKU	A	-0.26%
CCRN	F	-0.26%
PRG	C	-0.26%
VRNS	D	-0.26%
HCI	C	-0.26%
BKH	A	-0.26%
PIPR	B	-0.25%
GNK	D	-0.25%
AGX	B	-0.25%
GIII	D	-0.25%
KN	B	-0.23%
VNDA	C	-0.23%
MED	F	-0.23%
NTCT	C	-0.23%
LMAT	A	-0.23%
HLX	C	-0.22%
IMKTA	C	-0.22%
HDSN	F	-0.22%
SMP	C	-0.22%
AMKR	F	-0.21%
NX	C	-0.21%
VCTR	B	-0.21%
EXTR	C	-0.21%
SIGA	F	-0.21%
WABC	B	-0.21%
SBH	B	-0.21%
BLFS	C	-0.2%
ENS	D	-0.2%
KRC	C	-0.2%
CMPR	F	-0.2%
INSW	F	-0.2%
NUS	C	-0.2%
SGBX	F	-0.19%
DHT	D	-0.19%
ONTO	F	-0.19%
ASGN	F	-0.19%
ASC	D	-0.19%
NSSC	F	-0.19%
TARS	C	-0.19%
UCTT	F	-0.18%
TPC	C	-0.18%
TNC	F	-0.18%
GOGL	C	-0.18%
NAVI	F	-0.18%
HOV	D	-0.17%
TGTX	B	-0.17%
NVST	C	-0.17%
ADNT	F	-0.17%
AXSM	B	-0.17%
BRC	C	-0.16%
KELYA	F	-0.16%
XRX	F	-0.16%
SD	F	-0.16%
HROW	D	-0.16%
VSH	F	-0.16%
SCSC	B	-0.15%
SCVL	F	-0.15%
GES	F	-0.15%
STNG	D	-0.15%
AIT	B	-0.14%
NECB	B	-0.14%
METC	C	-0.14%
ALRM	C	-0.14%
MRVI	F	-0.14%
EIG	B	-0.13%
TWST	F	-0.13%
PCRX	C	-0.13%
MOV	D	-0.13%
CSGS	B	-0.13%
CECO	C	-0.12%
CLW	F	-0.12%
ALKT	B	-0.12%
OSCR	C	-0.11%
CHRD	F	-0.11%
INVA	C	-0.11%
CGEM	F	-0.11%
RAMP	C	-0.1%
GFF	B	-0.1%
AMCX	C	-0.1%
ASTH	F	-0.1%
MAX	F	-0.09%
MLKN	F	-0.08%
KTB	A	-0.08%
ATLO	D	-0.07%
TPH	D	-0.07%
PEBK	B	-0.07%
CTRE	C	-0.07%
WGO	D	-0.07%
FTDR	B	-0.06%
APAM	B	-0.06%
CTS	C	-0.06%
GRND	A	-0.06%
JWN	C	-0.06%
OMI	F	-0.06%
KSS	F	-0.06%
SWX	A	-0.05%
REVG	B	-0.05%
OGS	A	-0.05%
AMPH	F	-0.05%
NSIT	F	-0.05%
ATEN	A	-0.05%
HE	C	-0.04%
AMN	F	-0.04%
TDC	D	-0.04%
SEMR	C	-0.04%
FORM	F	-0.04%
ETD	D	-0.04%
EOLS	F	-0.04%
ANDE	F	-0.04%
OTTR	C	-0.04%
COLL	F	-0.04%
PGNY	F	-0.03%
JBI	F	-0.03%
VITL	D	-0.03%
RYI	C	-0.03%
SWI	B	-0.03%
EMBC	D	-0.03%
LBRT	F	-0.03%
ACLS	F	-0.02%
ACIW	B	-0.02%
MITK	D	-0.0%
MAIN	A	-0.0%
EPAC	B	-0.0%