SMLF vs. BBSC ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC)

SMLF

iShares FactorSelect MSCI USA Small-Cap ETF

SMLF Description

The investment seeks to track the investment results of the MSCI USA Small Cap Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The underlying index is designed to select equity securities from MSCI USA Small Cap Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$66.13

Average Daily Volume

76,961

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

BBSC

JPMorgan BetaBuilders U.S. Small Cap Equity ETF

BBSC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar ®US Small Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the index and at least 80% of its assets in the securities of small-capitalization companies. The index consists of equity securities primarily traded in the United States and targets those securities that fall between the 95th and 99th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$66.66

Average Daily Volume

22,035

Number of Holdings ^*

723

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	BBSC
30 Days	4.99%	3.23%
60 Days	10.44%	9.16%
90 Days	9.91%	10.02%
12 Months	33.05%	29.63%

288 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in BBSC	Overlap
ACLX	C	0.15%	0.22%	0.15%
AEO	C	0.06%	0.26%	0.06%
AGM	D	0.09%	0.11%	0.09%
AGYS	D	0.04%	0.17%	0.04%
AIN	F	0.01%	0.18%	0.01%
AIV	D	0.07%	0.08%	0.07%
AKRO	D	0.02%	0.11%	0.02%
ALHC	C	0.02%	0.08%	0.02%
ALRM	F	0.03%	0.18%	0.03%
ALX	D	0.12%	0.03%	0.03%
AMN	F	0.06%	0.11%	0.06%
AMPH	C	0.08%	0.12%	0.08%
AMR	F	0.15%	0.17%	0.15%
AMRX	B	0.06%	0.07%	0.06%
APOG	B	0.1%	0.1%	0.1%
APPF	C	0.07%	0.34%	0.07%
ARCB	F	0.03%	0.17%	0.03%
ARCH	D	0.03%	0.16%	0.03%
AROC	B	0.11%	0.21%	0.11%
ARRY	F	0.04%	0.06%	0.04%
ASAN	F	0.05%	0.07%	0.05%
ASB	D	0.08%	0.22%	0.08%
ATEN	B	0.08%	0.07%	0.07%
ATRC	C	0.03%	0.09%	0.03%
AVAV	B	0.05%	0.36%	0.05%
AX	D	0.0%	0.22%	0.0%
BANF	D	0.12%	0.14%	0.12%
BBIO	F	0.03%	0.2%	0.03%
BCC	C	0.23%	0.37%	0.23%
BCO	C	0.08%	0.33%	0.08%
BCRX	D	0.12%	0.1%	0.1%
BDN	B	0.0%	0.06%	0.0%
BEAM	F	0.05%	0.12%	0.05%
BKD	F	0.05%	0.08%	0.05%
BKE	B	0.12%	0.09%	0.09%
BKU	D	0.0%	0.18%	0.0%
BLMN	F	0.07%	0.09%	0.07%
BMBL	F	0.02%	0.04%	0.02%
BOH	D	0.0%	0.17%	0.0%
BRC	C	0.18%	0.22%	0.18%
BRSP	D	0.03%	0.05%	0.03%
BRZE	F	0.13%	0.13%	0.13%
BSIG	D	0.01%	0.05%	0.01%
CACC	F	0.09%	0.21%	0.09%
CAKE	A	0.01%	0.13%	0.01%
CAL	F	0.09%	0.08%	0.08%
CALX	C	0.03%	0.15%	0.03%
CARG	C	0.1%	0.17%	0.1%
CARS	F	0.08%	0.07%	0.07%
CASH	C	0.0%	0.11%	0.0%
CEIX	B	0.07%	0.19%	0.07%
CENTA	F	0.06%	0.11%	0.06%
CHCO	D	0.0%	0.11%	0.0%
CHWY	C	0.03%	0.27%	0.03%
CMPR	F	0.11%	0.09%	0.09%
CNMD	F	0.07%	0.15%	0.07%
CNO	B	0.15%	0.25%	0.15%
CNX	A	0.05%	0.31%	0.05%
CORT	B	0.25%	0.28%	0.25%
COUR	F	0.11%	0.06%	0.06%
CPRX	C	0.22%	0.14%	0.14%
CRDO	B	0.08%	0.28%	0.08%
CRS	B	0.09%	0.51%	0.09%
CSWI	A	0.08%	0.41%	0.08%
CTBI	B	0.05%	0.05%	0.05%
CUBI	F	0.08%	0.09%	0.08%
CVBF	B	0.0%	0.16%	0.0%
CVCO	C	0.16%	0.23%	0.16%
CVI	D	0.04%	0.05%	0.04%
CVLT	B	0.07%	0.44%	0.07%
CWK	D	0.01%	0.19%	0.01%
CXW	F	0.07%	0.09%	0.07%
DAN	D	0.03%	0.09%	0.03%
DAWN	D	0.04%	0.06%	0.04%
DEI	A	0.0%	0.19%	0.0%
DFIN	B	0.12%	0.11%	0.11%
DH	F	0.07%	0.01%	0.01%
DIN	D	0.04%	0.03%	0.03%
DLX	F	0.07%	0.05%	0.05%
DNLI	C	0.22%	0.24%	0.22%
DNOW	F	0.09%	0.09%	0.09%
DOCN	B	0.02%	0.15%	0.02%
DVAX	F	0.08%	0.09%	0.08%
DY	C	0.02%	0.37%	0.02%
DYN	D	0.02%	0.16%	0.02%
EIG	A	0.07%	0.08%	0.07%
ENR	B	0.01%	0.13%	0.01%
ENVA	B	0.01%	0.14%	0.01%
EPAC	A	0.06%	0.15%	0.06%
EPC	F	0.01%	0.12%	0.01%
EQC	D	0.07%	0.14%	0.07%
EVRI	A	0.02%	0.07%	0.02%
EVTC	D	0.03%	0.13%	0.03%
EXPI	C	0.11%	0.08%	0.08%
EXTR	D	0.17%	0.13%	0.13%
FBP	B	0.21%	0.23%	0.21%
FHB	D	0.07%	0.2%	0.07%
FL	F	0.03%	0.15%	0.03%
FLNC	C	0.08%	0.09%	0.08%
FROG	F	0.18%	0.15%	0.15%
FULT	D	0.0%	0.22%	0.0%
GEO	D	0.06%	0.11%	0.06%
GES	F	0.19%	0.04%	0.04%
GFF	C	0.12%	0.17%	0.12%
GH	F	0.15%	0.18%	0.15%
GIII	C	0.03%	0.08%	0.03%
GKOS	B	0.07%	0.45%	0.07%
GMS	B	0.08%	0.23%	0.08%
GNW	A	0.0%	0.2%	0.0%
GO	F	0.01%	0.11%	0.01%
HASI	B	0.09%	0.25%	0.09%
HCC	C	0.06%	0.22%	0.06%
HE	F	0.07%	0.07%	0.07%
HEES	D	0.07%	0.11%	0.07%
HELE	D	0.04%	0.09%	0.04%
HIMS	C	0.09%	0.19%	0.09%
HIW	C	0.2%	0.23%	0.2%
HLF	F	0.04%	0.05%	0.04%
HNI	B	0.03%	0.17%	0.03%
HPP	F	0.0%	0.04%	0.0%
HSTM	B	0.04%	0.05%	0.04%
HTH	F	0.11%	0.1%	0.1%
HTZ	F	0.01%	0.03%	0.01%
HURN	D	0.24%	0.13%	0.13%
HWKN	B	0.06%	0.16%	0.06%
IBOC	D	0.09%	0.21%	0.09%
ICFI	C	0.11%	0.21%	0.11%
IDCC	A	0.07%	0.23%	0.07%
IESC	A	0.02%	0.12%	0.02%
IMKTA	F	0.26%	0.07%	0.07%
INSM	D	0.11%	0.78%	0.11%
INTA	C	0.23%	0.14%	0.14%
INVA	B	0.1%	0.07%	0.07%
IOSP	F	0.04%	0.19%	0.04%
IRWD	F	0.02%	0.04%	0.02%
ITGR	B	0.05%	0.28%	0.05%
ITRI	C	0.05%	0.31%	0.05%
IVT	B	0.15%	0.13%	0.13%
JACK	F	0.09%	0.06%	0.06%
JAMF	F	0.01%	0.06%	0.01%
JELD	D	0.03%	0.09%	0.03%
JOBY	C	0.01%	0.15%	0.01%
JOE	D	0.23%	0.15%	0.15%
KAI	C	0.12%	0.26%	0.12%
KALU	D	0.01%	0.08%	0.01%
KFRC	F	0.18%	0.08%	0.08%
KFY	C	0.02%	0.24%	0.02%
KLG	F	0.04%	0.08%	0.04%
KLIC	D	0.11%	0.16%	0.11%
KN	B	0.08%	0.11%	0.08%
KNF	B	0.07%	0.3%	0.07%
KOS	F	0.05%	0.12%	0.05%
KSS	D	0.1%	0.15%	0.1%
KW	C	0.1%	0.08%	0.08%
LADR	D	0.06%	0.09%	0.06%
LGND	C	0.08%	0.12%	0.08%
LILA	B	0.12%	0.02%	0.02%
LIVN	C	0.21%	0.19%	0.19%
LMAT	A	0.02%	0.12%	0.02%
LPG	F	0.05%	0.09%	0.05%
LRN	D	0.14%	0.24%	0.14%
LUMN	C	0.18%	0.46%	0.18%
LXP	D	0.08%	0.2%	0.08%
MAC	B	0.31%	0.25%	0.25%
MATV	F	0.1%	0.06%	0.06%
MATX	C	0.19%	0.32%	0.19%
MC	B	0.0%	0.32%	0.0%
MCY	B	0.05%	0.11%	0.05%
MGNI	D	0.03%	0.11%	0.03%
MOD	B	0.29%	0.43%	0.29%
MOG.A	C	0.03%	0.38%	0.03%
MTRN	F	0.1%	0.15%	0.1%
NARI	F	0.06%	0.14%	0.06%
NATL	D	0.04%	0.14%	0.04%
NAVI	D	0.2%	0.08%	0.08%
NBR	D	0.06%	0.04%	0.04%
NBTB	D	0.0%	0.14%	0.0%
NGVT	D	0.01%	0.09%	0.01%
NHI	C	0.05%	0.24%	0.05%
NRC	F	0.04%	0.02%	0.02%
NSSC	F	0.1%	0.1%	0.1%
NTCT	C	0.11%	0.1%	0.1%
NTLA	F	0.02%	0.13%	0.02%
NUVL	B	0.15%	0.22%	0.15%
NWN	D	0.01%	0.1%	0.01%
NX	F	0.03%	0.08%	0.03%
ODP	F	0.14%	0.07%	0.07%
OFG	D	0.29%	0.14%	0.14%
OI	D	0.04%	0.14%	0.04%
OII	D	0.1%	0.16%	0.1%
OMI	F	0.06%	0.07%	0.06%
OPEN	F	0.03%	0.08%	0.03%
OSCR	C	0.11%	0.23%	0.11%
OSIS	C	0.02%	0.16%	0.02%
OUT	C	0.04%	0.17%	0.04%
OXM	F	0.07%	0.09%	0.07%
PDCO	F	0.03%	0.12%	0.03%
PDM	C	0.18%	0.08%	0.08%
PEB	D	0.01%	0.11%	0.01%
PFBC	D	0.0%	0.07%	0.0%
PGRE	D	0.17%	0.06%	0.06%
PHIN	D	0.08%	0.14%	0.08%
PI	A	0.17%	0.33%	0.17%
PIPR	A	0.3%	0.29%	0.29%
PK	D	0.06%	0.21%	0.06%
PLUS	B	0.09%	0.17%	0.09%
POWL	B	0.29%	0.14%	0.14%
PRG	C	0.18%	0.14%	0.14%
PRGS	A	0.18%	0.19%	0.18%
PRO	F	0.02%	0.06%	0.02%
PTCT	C	0.02%	0.19%	0.02%
PZZA	D	0.05%	0.11%	0.05%
RAMP	F	0.02%	0.11%	0.02%
RCUS	D	0.05%	0.05%	0.05%
RDDT	B	0.1%	0.11%	0.1%
RGNX	F	0.03%	0.03%	0.03%
RKT	D	0.05%	0.16%	0.05%
RLJ	D	0.02%	0.1%	0.02%
RNG	F	0.17%	0.16%	0.16%
RPD	D	0.03%	0.15%	0.03%
RYI	D	0.03%	0.04%	0.03%
SAH	D	0.04%	0.06%	0.04%
SANA	F	0.07%	0.03%	0.03%
SCS	D	0.08%	0.08%	0.08%
SFBS	B	0.12%	0.28%	0.12%
SHO	B	0.02%	0.14%	0.02%
SKT	A	0.23%	0.23%	0.23%
SLG	C	0.46%	0.3%	0.3%
SLVM	C	0.02%	0.19%	0.02%
SMTC	C	0.05%	0.24%	0.05%
SNDX	F	0.03%	0.1%	0.03%
SNEX	B	0.07%	0.15%	0.07%
SONO	F	0.04%	0.09%	0.04%
SPB	C	0.16%	0.17%	0.16%
SPT	F	0.15%	0.1%	0.1%
SQSP	A	0.16%	0.19%	0.16%
SRCE	D	0.14%	0.07%	0.07%
SSTK	F	0.13%	0.06%	0.06%
STRL	B	0.24%	0.3%	0.24%
SUPN	D	0.02%	0.11%	0.02%
SVC	D	0.04%	0.05%	0.04%
SWI	B	0.01%	0.04%	0.01%
SWTX	F	0.01%	0.12%	0.01%
TBBK	A	0.0%	0.18%	0.0%
TCBI	B	0.03%	0.22%	0.03%
TDOC	D	0.18%	0.1%	0.1%
TDS	C	0.04%	0.16%	0.04%
TGNA	B	0.08%	0.17%	0.08%
TGTX	D	0.02%	0.22%	0.02%
TLRY	F	0.03%	0.1%	0.03%
TNC	F	0.07%	0.12%	0.07%
TPG	A	0.19%	0.32%	0.19%
TPH	C	0.16%	0.27%	0.16%
TR	D	0.01%	0.03%	0.01%
TRMK	D	0.0%	0.12%	0.0%
TRN	C	0.06%	0.18%	0.06%
TTGT	F	0.01%	0.04%	0.01%
UDMY	F	0.03%	0.05%	0.03%
UNIT	B	0.07%	0.09%	0.07%
UPWK	D	0.01%	0.08%	0.01%
USNA	F	0.02%	0.03%	0.02%
UVV	D	0.07%	0.09%	0.07%
VCEL	F	0.02%	0.14%	0.02%
VCYT	C	0.17%	0.17%	0.17%
VECO	F	0.13%	0.13%	0.13%
VERA	C	0.08%	0.11%	0.08%
VGR	B	0.33%	0.14%	0.14%
VIAV	C	0.02%	0.13%	0.02%
VIR	F	0.07%	0.05%	0.05%
VIRT	B	0.03%	0.17%	0.03%
VNO	B	0.4%	0.45%	0.4%
VRNS	B	0.12%	0.42%	0.12%
VSH	F	0.11%	0.14%	0.11%
VSTO	B	0.13%	0.14%	0.13%
VSTS	D	0.02%	0.13%	0.02%
W	C	0.23%	0.35%	0.23%
WAFD	D	0.12%	0.18%	0.12%
WD	C	0.03%	0.25%	0.03%
WGO	D	0.05%	0.11%	0.05%
WNC	F	0.08%	0.06%	0.06%
WS	D	0.18%	0.07%	0.07%
XHR	A	0.03%	0.1%	0.03%
XNCR	D	0.13%	0.09%	0.09%
XRX	D	0.23%	0.08%	0.08%
YELP	D	0.06%	0.15%	0.06%
YOU	C	0.29%	0.17%	0.17%
ZIP	D	0.05%	0.04%	0.04%
ZUO	F	0.01%	0.08%	0.01%

SMLF Overweight 527 Positions Relative to BBSC

Symbol	Grade	Weight
EME	B	0.84%
EVR	C	0.72%
APP	A	0.7%
DECK	B	0.68%
BPOP	D	0.57%
JBL	C	0.55%
MANH	A	0.53%
WSM	C	0.52%
NTNX	C	0.5%
NVT	C	0.5%
RS	D	0.48%
SFM	A	0.48%
ALSN	A	0.48%
WING	C	0.47%
HRB	C	0.45%
AXON	A	0.45%
IDA	D	0.43%
CSL	A	0.42%
DKS	D	0.42%
MLI	B	0.41%
LPX	C	0.41%
FIX	A	0.41%
ORI	A	0.41%
CNM	F	0.41%
MSTR	B	0.41%
MEDP	F	0.4%
DUOL	B	0.4%
IOT	C	0.4%
COOP	B	0.4%
AM	A	0.39%
COCO	C	0.39%
PCOR	D	0.38%
IBKR	A	0.37%
LBRDA	C	0.37%
BRX	C	0.37%
WFRD	F	0.37%
UTHR	C	0.37%
LAMR	C	0.36%
FR	D	0.35%
NTRA	A	0.35%
CR	A	0.34%
CHE	D	0.34%
CVNA	A	0.34%
GTLB	D	0.34%
TTEK	A	0.34%
JEF	A	0.34%
SOLV	C	0.33%
THC	D	0.33%
CAVA	B	0.32%
ANF	D	0.32%
EWBC	B	0.32%
ITT	C	0.32%
AYI	A	0.31%
WSO	C	0.31%
WK	D	0.31%
XRAY	D	0.31%
GGG	C	0.31%
SN	A	0.3%
DDS	D	0.3%
ALKS	B	0.3%
PSTG	F	0.3%
SPXC	A	0.3%
CROX	C	0.29%
FLEX	B	0.29%
SIG	C	0.28%
GPK	D	0.28%
SMAR	A	0.27%
HALO	D	0.27%
JHG	A	0.27%
ENTG	D	0.27%
AN	D	0.27%
TPR	B	0.26%
PRI	A	0.26%
CHK	C	0.26%
R	C	0.26%
HSII	D	0.26%
AMH	D	0.26%
LBTYA	C	0.26%
FCNCA	D	0.25%
TPX	C	0.25%
APA	F	0.25%
COKE	C	0.25%
LSCC	D	0.25%
BLD	D	0.25%
LNTH	C	0.24%
TREX	D	0.24%
UFPI	C	0.24%
AGO	B	0.24%
SMG	C	0.23%
AMG	B	0.23%
ETSY	F	0.23%
RNR	A	0.23%
GAP	F	0.23%
HAS	A	0.23%
SRPT	F	0.23%
ESTC	F	0.23%
ARW	C	0.22%
AXSM	D	0.22%
AZPN	A	0.22%
BBWI	F	0.22%
AGCO	D	0.22%
OVV	D	0.22%
ONTO	B	0.21%
CBSH	D	0.21%
JBSS	F	0.21%
RPM	A	0.21%
AR	C	0.21%
CFR	B	0.21%
GPI	C	0.21%
CW	A	0.21%
ATKR	F	0.2%
RMBS	F	0.2%
GLPI	C	0.2%
TKR	B	0.2%
ZION	D	0.2%
SANM	D	0.2%
RRX	B	0.2%
MUR	F	0.2%
EXLS	B	0.2%
AGNC	B	0.19%
HAE	F	0.19%
RRC	D	0.19%
HOG	D	0.19%
EXEL	B	0.19%
NDSN	C	0.19%
ELF	F	0.19%
BRKR	D	0.19%
AVNT	C	0.19%
M	D	0.19%
ACM	A	0.19%
TEX	F	0.19%
LNW	F	0.18%
CWEN	C	0.18%
KNSL	B	0.18%
DCI	B	0.18%
ALLE	A	0.17%
AIZ	B	0.17%
VOYA	A	0.17%
ATI	C	0.17%
OC	C	0.17%
PVH	D	0.17%
USFD	C	0.17%
TOL	C	0.17%
ACLS	F	0.17%
FAF	C	0.17%
WCC	D	0.17%
KRG	C	0.17%
TTC	F	0.16%
BJ	B	0.16%
SLM	B	0.16%
TOST	B	0.16%
SKY	C	0.16%
IGT	F	0.16%
ESAB	C	0.16%
HLI	A	0.16%
IONS	F	0.16%
PRKS	C	0.16%
SSD	B	0.16%
MMYT	B	0.16%
SATS	C	0.16%
RHI	D	0.16%
BMI	A	0.16%
DTM	A	0.16%
WTM	C	0.15%
NJR	C	0.15%
OMF	D	0.15%
TNL	B	0.15%
RL	B	0.15%
SF	A	0.15%
ABG	D	0.15%
AY	C	0.15%
NOVT	C	0.15%
ONON	A	0.15%
KIM	C	0.15%
ESI	C	0.15%
TNET	D	0.14%
CMC	D	0.14%
OGS	C	0.14%
BSY	D	0.14%
NSP	F	0.14%
MMSI	C	0.14%
SCI	D	0.14%
GME	D	0.14%
UA	B	0.14%
CRUS	D	0.14%
BL	D	0.14%
RGLD	C	0.14%
INSP	C	0.14%
FYBR	C	0.14%
SBGI	A	0.14%
ENSG	D	0.14%
SPSC	D	0.13%
OGE	C	0.13%
HOV	D	0.13%
YEXT	B	0.13%
KRC	C	0.13%
NOV	F	0.13%
BPMC	F	0.13%
GNRC	B	0.13%
WTS	C	0.13%
NYT	C	0.13%
CUBE	C	0.13%
RYAN	A	0.13%
GOLF	F	0.13%
FTAI	A	0.13%
DOCS	A	0.13%
IPAR	D	0.13%
HUN	B	0.13%
CBT	B	0.13%
BLKB	C	0.13%
MFA	C	0.13%
KBR	A	0.13%
THO	C	0.13%
NFG	A	0.13%
GATX	F	0.13%
XPO	F	0.13%
WMS	D	0.13%
VMI	B	0.13%
AA	B	0.13%
OLN	D	0.12%
CHX	C	0.12%
BWXT	A	0.12%
PCTY	C	0.12%
NNN	C	0.12%
UMBF	C	0.12%
QLYS	F	0.12%
AWR	B	0.12%
MAT	B	0.12%
ACCO	C	0.12%
WEN	B	0.12%
SR	D	0.12%
PTEN	F	0.11%
ACAD	F	0.11%
SON	D	0.11%
PNM	B	0.11%
AIT	B	0.11%
WH	C	0.11%
BAND	C	0.11%
SYNA	F	0.11%
PARA	F	0.11%
CYTK	D	0.11%
UGI	C	0.11%
BERY	C	0.11%
PCVX	C	0.11%
OPCH	F	0.11%
EXPO	A	0.11%
WEX	C	0.11%
AAN	B	0.1%
UPBD	F	0.1%
TMHC	C	0.1%
SAIA	D	0.1%
OHI	C	0.1%
FHI	A	0.1%
BASE	F	0.1%
WSC	D	0.1%
BC	C	0.1%
MTG	A	0.1%
NYCB	D	0.1%
WAL	C	0.1%
IVZ	A	0.1%
SWN	D	0.1%
X	F	0.1%
LSTR	F	0.1%
LAZ	C	0.1%
EGP	D	0.1%
VMEO	C	0.1%
LOVE	C	0.1%
APG	F	0.09%
BDC	A	0.09%
MPW	C	0.09%
LBTYK	C	0.09%
EEFT	F	0.09%
NSIT	B	0.09%
YETI	C	0.09%
BECN	D	0.09%
ALIT	D	0.09%
HP	D	0.09%
CXT	F	0.09%
CRC	B	0.09%
SITC	D	0.09%
MIDD	D	0.09%
ACA	C	0.09%
MTN	D	0.09%
MCB	B	0.09%
CHDN	C	0.09%
LYFT	D	0.08%
TENB	D	0.08%
HI	F	0.08%
ASO	D	0.08%
LZ	D	0.08%
FLR	B	0.08%
CAR	D	0.08%
PD	F	0.08%
NXST	D	0.08%
PBH	D	0.08%
ILPT	D	0.08%
MTSI	B	0.08%
PNFP	B	0.08%
PLNT	B	0.08%
MKSI	F	0.08%
BOX	C	0.08%
CUZ	C	0.08%
VFC	A	0.08%
VC	F	0.08%
MDGL	F	0.08%
RGEN	F	0.08%
ELAN	D	0.08%
ASH	F	0.08%
WOR	F	0.08%
MRC	D	0.08%
ALV	F	0.08%
ADEA	B	0.07%
CLH	B	0.07%
OTTR	F	0.07%
GCO	D	0.07%
TXRH	A	0.07%
PEGA	B	0.07%
AZEK	D	0.07%
ANAB	D	0.07%
WLY	A	0.07%
SM	D	0.07%
FLO	D	0.07%
HWC	D	0.07%
ANGI	D	0.07%
HOUS	D	0.07%
RIG	F	0.07%
RYN	C	0.07%
MASI	B	0.07%
VKTX	C	0.07%
SFL	D	0.07%
NTB	D	0.07%
MED	F	0.07%
OZK	D	0.07%
ACHC	F	0.07%
WYNN	B	0.07%
COTY	F	0.07%
POR	D	0.07%
GPMT	D	0.06%
MERC	D	0.06%
FN	B	0.06%
WBA	F	0.06%
NVST	D	0.06%
APLS	F	0.06%
AGX	A	0.06%
PEN	D	0.06%
CASY	D	0.06%
VAC	D	0.06%
LFUS	C	0.06%
FIVN	F	0.06%
NXT	F	0.06%
AMLX	D	0.06%
MDU	C	0.06%
DOMO	F	0.06%
ADMA	A	0.06%
CC	D	0.06%
AMPL	D	0.06%
STWD	C	0.06%
AVDX	F	0.05%
PFSI	C	0.05%
OLED	B	0.05%
MAN	D	0.05%
BCPC	C	0.05%
VNT	F	0.05%
ACI	F	0.05%
EHC	C	0.05%
AMBC	F	0.05%
CERS	F	0.05%
WTTR	B	0.05%
FOLD	F	0.05%
ITCI	D	0.05%
BRBR	A	0.05%
S	C	0.05%
LECO	D	0.05%
MMS	C	0.05%
AFRM	C	0.05%
EYPT	F	0.05%
CELH	F	0.05%
PATH	D	0.05%
RUSHA	D	0.05%
FUN	F	0.05%
IBP	C	0.05%
THR	F	0.05%
SITE	D	0.05%
KD	D	0.05%
IRTC	F	0.05%
MDXG	F	0.04%
CLVT	D	0.04%
SPRY	C	0.04%
FHN	D	0.04%
ACCD	F	0.04%
SLAB	D	0.04%
OPI	F	0.04%
QDEL	D	0.04%
TARS	C	0.04%
TILE	C	0.04%
CGEM	F	0.04%
SOFI	C	0.04%
CFFN	D	0.04%
SNV	D	0.04%
PRGO	F	0.04%
IVR	C	0.04%
RDFN	C	0.04%
AGS	A	0.04%
SNBR	C	0.04%
EVH	D	0.04%
WBS	D	0.04%
AVXL	D	0.04%
VITL	C	0.04%
FFIN	D	0.04%
KREF	C	0.04%
STAG	D	0.04%
FCN	C	0.04%
ENS	B	0.04%
ROKU	C	0.04%
QRTEA	D	0.03%
TSE	C	0.03%
CIEN	A	0.03%
VNDA	F	0.03%
OFIX	D	0.03%
DNB	D	0.03%
ADT	D	0.03%
BILL	D	0.03%
CHRD	F	0.03%
LTH	B	0.03%
EMBC	F	0.03%
REVG	D	0.03%
SGH	D	0.03%
TWO	D	0.03%
SWIM	B	0.03%
TPB	C	0.03%
DBI	F	0.03%
RLI	A	0.03%
FLYW	F	0.03%
IDT	C	0.03%
QXO	F	0.03%
CORZ	C	0.03%
RVMD	B	0.03%
CNS	C	0.03%
CDP	A	0.03%
UVE	C	0.03%
ARWR	F	0.03%
ERAS	D	0.02%
OSUR	F	0.02%
MSM	D	0.02%
KVYO	B	0.02%
KRNY	C	0.02%
CACI	A	0.02%
WOOF	B	0.02%
HMST	B	0.02%
OLPX	C	0.02%
NWL	D	0.02%
WTFC	B	0.02%
HAIN	C	0.02%
PII	D	0.02%
BRY	F	0.02%
MTW	F	0.02%
EDR	A	0.02%
GPRO	F	0.02%
MSA	F	0.02%
PR	D	0.02%
ARCT	D	0.02%
NUS	F	0.02%
FSS	D	0.02%
EPR	C	0.02%
CNDT	B	0.02%
PBF	F	0.02%
JANX	C	0.02%
CRSP	F	0.02%
GMED	B	0.02%
LANC	F	0.02%
AXTA	C	0.02%
SAFE	C	0.02%
AMCX	F	0.02%
SFIX	F	0.01%
RBRK	D	0.01%
DINO	F	0.01%
MITK	F	0.01%
VAL	F	0.01%
PGEN	F	0.01%
ARR	D	0.01%
OMER	F	0.01%
BIGC	F	0.01%
CRAI	B	0.01%
PCH	C	0.01%
POWI	F	0.01%
FLWS	F	0.01%
OIS	D	0.01%
TDC	D	0.01%
ALGM	F	0.01%
HQY	B	0.01%
UTL	D	0.01%
WTI	C	0.01%
BKH	C	0.01%
MBC	C	0.01%
VRE	C	0.01%
PYCR	D	0.01%
ROIV	D	0.01%
SWX	C	0.01%
HCAT	C	0.01%
AXS	A	0.01%
STGW	B	0.01%
MLAB	B	0.01%
ALAB	C	0.01%
GEF	B	0.01%
GWRE	A	0.01%
BYD	B	0.01%
UNFI	C	0.01%
XPRO	F	0.01%
NFBK	D	0.01%
MBLY	F	0.01%
RHP	B	0.01%
NEXA	B	0.01%
ASGN	D	0.01%
AEIS	B	0.01%
RXT	C	0.01%
HXL	F	0.01%
SSB	C	0.01%
HYFM	D	0.0%
BFH	D	0.0%
SEE	C	0.0%
EGBN	C	0.0%
GDOT	C	0.0%
RDN	D	0.0%
JXN	A	0.0%
UNM	A	0.0%
CMA	C	0.0%
PRDO	D	0.0%

SMLF Underweight 435 Positions Relative to BBSC

Symbol	Grade	Weight
HLNE	A	-0.44%
AUR	C	-0.38%
ZETA	B	-0.36%
ACIW	A	-0.35%
HCP	A	-0.34%
BOOT	B	-0.34%
MHO	C	-0.31%
MARA	F	-0.31%
TMDX	D	-0.31%
QTWO	B	-0.3%
KRYS	D	-0.3%
RDNT	C	-0.3%
VRRM	D	-0.3%
KTB	C	-0.3%
CTRE	C	-0.29%
RXO	D	-0.28%
SHAK	A	-0.27%
ABCB	C	-0.27%
RUN	D	-0.27%
SBRA	C	-0.26%
WHD	A	-0.25%
ICUI	B	-0.25%
PLXS	A	-0.25%
FTDR	B	-0.25%
IIPR	C	-0.25%
PRCT	D	-0.24%
FORM	D	-0.24%
EAT	A	-0.23%
BGC	B	-0.23%
KTOS	B	-0.23%
UCBI	B	-0.23%
TDW	F	-0.23%
SHOO	A	-0.23%
WDFC	B	-0.23%
GVA	A	-0.23%
AXNX	A	-0.23%
NOG	D	-0.22%
BNL	C	-0.22%
MGEE	C	-0.22%
ABM	D	-0.22%
AUB	D	-0.22%
CRNX	C	-0.22%
SKYW	B	-0.22%
MWA	A	-0.22%
CWAN	B	-0.22%
NPO	C	-0.22%
STEP	A	-0.22%
NMIH	B	-0.21%
UPST	C	-0.21%
CALM	A	-0.21%
PATK	A	-0.21%
AMED	D	-0.21%
CBZ	F	-0.21%
ESE	C	-0.21%
EBC	B	-0.21%
SITM	A	-0.21%
SGBX	F	-0.2%
DORM	C	-0.2%
CATY	B	-0.2%
CDE	C	-0.2%
LBRT	D	-0.2%
LCII	C	-0.2%
WSFS	D	-0.2%
APAM	B	-0.2%
CBU	D	-0.2%
ROAD	C	-0.2%
CNK	D	-0.2%
ACVA	C	-0.2%
PJT	A	-0.2%
PRIM	A	-0.2%
GHC	A	-0.19%
UNF	A	-0.19%
FIBK	C	-0.19%
REZI	D	-0.19%
TNDM	D	-0.19%
CCS	C	-0.19%
PRFT	A	-0.18%
SFNC	B	-0.18%
CPK	C	-0.18%
ABR	C	-0.18%
AI	D	-0.18%
AGIO	D	-0.18%
MGRC	D	-0.18%
FCPT	C	-0.18%
RRR	D	-0.18%
HUBG	D	-0.18%
ATGE	D	-0.18%
IDYA	F	-0.17%
PTGX	C	-0.17%
HBI	B	-0.17%
INDB	D	-0.17%
GRBK	C	-0.17%
TWST	D	-0.17%
BROS	F	-0.17%
RYTM	C	-0.17%
MYGN	D	-0.16%
AKR	B	-0.16%
RKLB	B	-0.16%
NCNO	F	-0.16%
HTLF	B	-0.16%
FFBC	D	-0.16%
UFPT	D	-0.16%
WERN	D	-0.16%
PPBI	D	-0.16%
PRK	D	-0.16%
AZZ	B	-0.16%
UEC	C	-0.16%
UE	C	-0.16%
JWN	D	-0.16%
LGIH	C	-0.16%
MTX	C	-0.16%
CRI	D	-0.16%
CLSK	F	-0.15%
DBRG	D	-0.15%
ZD	D	-0.15%
LAUR	C	-0.15%
GERN	D	-0.15%
RIOT	F	-0.15%
SBCF	D	-0.15%
NMRK	C	-0.15%
ASTH	B	-0.15%
AIR	C	-0.15%
PLMR	A	-0.15%
PFS	D	-0.15%
PSMT	A	-0.15%
COMP	C	-0.15%
TOWN	C	-0.15%
MIR	B	-0.15%
ADUS	D	-0.15%
AMBA	C	-0.15%
VCTR	A	-0.15%
URBN	F	-0.14%
FRSH	F	-0.14%
STRA	F	-0.14%
LEVI	C	-0.14%
JBLU	B	-0.14%
QS	F	-0.14%
GSHD	B	-0.14%
HAYW	C	-0.14%
ROCK	D	-0.14%
BANC	D	-0.14%
KYMR	D	-0.14%
FRME	D	-0.14%
SXI	B	-0.14%
B	A	-0.13%
SMMT	D	-0.13%
EFSC	D	-0.13%
TTMI	D	-0.13%
ROIC	C	-0.13%
PRVA	F	-0.13%
OMCL	C	-0.13%
CLDX	F	-0.13%
KMT	C	-0.13%
THS	D	-0.13%
RNST	D	-0.13%
MRCY	B	-0.13%
STC	D	-0.13%
MQ	F	-0.13%
IOVA	D	-0.13%
IBTX	B	-0.13%
BANR	B	-0.13%
FOXF	F	-0.12%
TROX	D	-0.12%
MLKN	F	-0.12%
KAR	F	-0.12%
LEG	D	-0.12%
PAR	D	-0.12%
ALG	F	-0.12%
VSCO	C	-0.12%
LZB	D	-0.12%
UCTT	D	-0.12%
INSW	B	-0.12%
VERX	B	-0.12%
DRH	B	-0.12%
NHC	D	-0.12%
ROG	D	-0.12%
GPOR	B	-0.12%
NEO	F	-0.12%
HLIT	D	-0.11%
TRIP	D	-0.11%
STBA	D	-0.11%
LOB	B	-0.11%
LTC	D	-0.11%
LKFN	D	-0.11%
OSW	B	-0.11%
NWBI	D	-0.11%
GTY	C	-0.11%
BHE	C	-0.11%
FTRE	F	-0.11%
ANDE	D	-0.11%
AMC	F	-0.11%
SYBT	C	-0.11%
SJW	D	-0.11%
FBK	B	-0.11%
FBNC	B	-0.11%
PDFS	F	-0.11%
FCF	D	-0.11%
WSBC	D	-0.11%
SCL	D	-0.11%
MYRG	D	-0.11%
GNL	D	-0.11%
PTON	C	-0.11%
TRUP	B	-0.1%
SAVA	D	-0.1%
HOPE	B	-0.1%
BUSE	D	-0.1%
AMWD	C	-0.1%
HMN	B	-0.1%
ESRT	C	-0.1%
CTS	B	-0.1%
HLX	C	-0.1%
PLAB	D	-0.1%
SNDR	D	-0.1%
JBGS	C	-0.1%
RXRX	F	-0.1%
THRM	F	-0.1%
CHEF	C	-0.1%
HLIO	B	-0.1%
NVCR	F	-0.1%
EWTX	B	-0.1%
GBX	C	-0.1%
KROS	C	-0.1%
TGLS	B	-0.1%
NNI	B	-0.1%
NBHC	D	-0.1%
PLUG	D	-0.1%
RXST	F	-0.1%
VRNT	F	-0.1%
CABO	F	-0.1%
STAA	D	-0.09%
HRMY	D	-0.09%
DEA	D	-0.09%
NIC	D	-0.09%
NVEE	F	-0.09%
TCBK	D	-0.09%
CODI	D	-0.09%
LNN	C	-0.09%
ENVX	D	-0.09%
VRDN	B	-0.09%
WWW	B	-0.09%
VBTX	C	-0.09%
SABR	C	-0.09%
ARDX	D	-0.09%
SBH	B	-0.09%
CSGS	B	-0.09%
SOUN	F	-0.09%
SASR	B	-0.09%
ALEX	D	-0.09%
ALKT	D	-0.09%
INFN	C	-0.09%
SPNT	D	-0.09%
VRTS	D	-0.09%
MSEX	C	-0.08%
GABC	D	-0.08%
AGL	F	-0.08%
PBI	C	-0.08%
JBI	F	-0.08%
BHLB	D	-0.08%
MSGE	B	-0.08%
CERT	F	-0.08%
SCSC	D	-0.08%
IART	F	-0.08%
MXL	D	-0.08%
DK	F	-0.08%
LC	D	-0.08%
UTZ	D	-0.08%
APPN	C	-0.08%
SAFT	D	-0.08%
COHU	F	-0.08%
ARVN	F	-0.08%
PHR	F	-0.08%
MGPI	F	-0.08%
PMT	B	-0.08%
RCKT	F	-0.08%
SKWD	A	-0.08%
TALO	D	-0.08%
ARI	F	-0.08%
WABC	F	-0.08%
AMRC	C	-0.08%
USPH	F	-0.08%
AAT	C	-0.08%
RC	F	-0.08%
ERII	C	-0.07%
SBSI	D	-0.07%
WRBY	B	-0.07%
PDFS	F	-0.07%
OEC	F	-0.07%
FA	A	-0.07%
GTX	F	-0.07%
MRTN	F	-0.07%
ESTA	D	-0.07%
RWT	C	-0.07%
CBRL	D	-0.07%
USLM	C	-0.07%
KURA	F	-0.07%
TRS	D	-0.07%
PARR	F	-0.07%
SDGR	F	-0.07%
MCRI	B	-0.07%
ICHR	D	-0.07%
ANIP	F	-0.07%
PLAY	D	-0.07%
OCFC	C	-0.07%
CWH	C	-0.07%
DCOM	B	-0.07%
AVNS	D	-0.07%
CSR	D	-0.07%
FDP	C	-0.07%
LILAK	D	-0.07%
CNNE	F	-0.07%
WINA	C	-0.07%
ECPG	F	-0.07%
WMK	D	-0.07%
CLB	D	-0.06%
RLAY	F	-0.06%
USM	B	-0.06%
CENX	C	-0.06%
EYE	F	-0.06%
CGON	C	-0.06%
CDRE	A	-0.06%
MNRO	B	-0.06%
FIGS	C	-0.06%
DNUT	F	-0.06%
MBIN	C	-0.06%
LMND	F	-0.06%
BRKL	D	-0.06%
IMAX	D	-0.06%
CXM	F	-0.06%
MEG	F	-0.06%
DRVN	C	-0.06%
LGF.A	F	-0.06%
CNXN	C	-0.06%
PCT	C	-0.06%
XPEL	D	-0.06%
GSAT	F	-0.06%
MRVI	F	-0.06%
OBK	D	-0.06%
AMSF	B	-0.06%
NABL	F	-0.06%
FSLY	D	-0.06%
VSAT	F	-0.06%
MD	B	-0.06%
AUPH	C	-0.06%
DGII	B	-0.06%
VICR	C	-0.06%
RVLV	C	-0.06%
SHLS	F	-0.06%
NXRT	D	-0.06%
MMI	D	-0.06%
SMP	D	-0.05%
MATW	F	-0.05%
PRLB	F	-0.05%
IE	D	-0.05%
SCHL	F	-0.05%
ASTE	F	-0.05%
PRTA	F	-0.05%
AXL	F	-0.05%
BGS	D	-0.05%
RGR	F	-0.05%
GDEN	D	-0.05%
PTLO	C	-0.05%
ECVT	F	-0.05%
FG	B	-0.05%
CIFR	C	-0.05%
PRA	C	-0.05%
MBUU	D	-0.05%
SHEN	F	-0.05%
AHCO	D	-0.05%
XMTR	F	-0.05%
VZIO	A	-0.05%
GPRE	F	-0.05%
IAS	F	-0.05%
ATSG	D	-0.05%
ALGT	D	-0.05%
ETWO	F	-0.05%
CMTG	F	-0.05%
GRC	B	-0.05%
ASIX	A	-0.05%
HCSG	F	-0.05%
GDYN	B	-0.05%
KNTK	A	-0.05%
PFC	D	-0.05%
IRON	C	-0.04%
THRY	F	-0.04%
PUMP	D	-0.04%
MLNK	F	-0.04%
CTKB	F	-0.04%
AVO	C	-0.04%
ATEC	F	-0.04%
SWBI	F	-0.04%
FOR	D	-0.04%
RBCAA	C	-0.04%
RES	C	-0.04%
HTLD	F	-0.04%
LFST	C	-0.04%
BJRI	B	-0.04%
INDI	F	-0.04%
MCW	F	-0.04%
RPAY	F	-0.04%
KELYA	D	-0.04%
IBUY	A	-0.04%
BV	A	-0.04%
PCRX	D	-0.04%
DSGR	A	-0.03%
NEXT	F	-0.03%
IBTA	C	-0.03%
KIDS	F	-0.03%
WRLD	F	-0.03%
GIC	D	-0.03%
SNCY	F	-0.03%
MYE	F	-0.03%
OPK	D	-0.03%
PTVE	D	-0.03%
GOGO	F	-0.03%
CLBK	F	-0.03%
SRCL	B	-0.03%
AMTB	F	-0.03%
FWRG	F	-0.03%
PLRX	F	-0.03%
BFS	C	-0.03%
LESL	F	-0.03%
AMAL	B	-0.03%
CTOS	F	-0.02%
FNA	F	-0.02%
BOWL	D	-0.02%
TH	F	-0.02%
CRSR	D	-0.02%
SAGE	F	-0.02%
CENT	F	-0.02%
CBL	D	-0.02%
GRNT	D	-0.02%
LGF.A	F	-0.02%
NAPA	F	-0.02%
RILY	F	-0.01%
ZNTL	F	-0.01%