SMLF vs. CFO ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to Compass EMP US 500 Enhanced Volatility Weighted Index ETF (CFO)

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

$70.37

Average Daily Volume

70,017

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

CFO

Compass EMP US 500 Enhanced Volatility Weighted Index ETF

CFO Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Long/Cash Volatility Weighted Index before fees and expenses. The index is an unmanaged index that consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges with consistent positive earnings and weighted based on the volatility of each stock. Under normal market conditions, the fund invests at least 80% of its assets in the securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$71.38

Average Daily Volume

10,499

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	CFO
30 Days	3.58%	0.45%
60 Days	6.73%	3.66%
90 Days	9.95%	6.30%
12 Months	35.13%	24.83%

51 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in CFO	Overlap
ACM	B	0.19%	0.23%	0.19%
ALLE	D	0.16%	0.21%	0.16%
APP	A	1.49%	0.24%	0.24%
AXON	A	0.66%	0.22%	0.22%
BLD	F	0.21%	0.1%	0.1%
BSY	D	0.12%	0.14%	0.12%
CASY	A	0.06%	0.18%	0.06%
CHWY	B	0.03%	0.08%	0.03%
CLH	C	0.07%	0.2%	0.07%
COKE	C	0.22%	0.12%	0.12%
CSL	C	0.41%	0.19%	0.19%
CVNA	A	0.46%	0.08%	0.08%
CW	B	0.23%	0.27%	0.23%
DECK	A	0.72%	0.13%	0.13%
DKS	D	0.38%	0.1%	0.1%
EME	A	0.94%	0.2%	0.2%
ENTG	F	0.23%	0.1%	0.1%
EWBC	A	0.39%	0.21%	0.21%
FCNCA	A	0.27%	0.17%	0.17%
FIX	A	0.44%	0.13%	0.13%
GGG	B	0.3%	0.27%	0.27%
IBKR	A	0.45%	0.28%	0.28%
ITT	A	0.31%	0.2%	0.2%
JBL	C	0.55%	0.14%	0.14%
JEF	A	0.4%	0.24%	0.24%
KNSL	B	0.18%	0.1%	0.1%
MANH	D	0.5%	0.16%	0.16%
NDSN	D	0.18%	0.21%	0.18%
OC	A	0.18%	0.18%	0.18%
OVV	C	0.25%	0.18%	0.18%
PR	B	0.02%	0.17%	0.02%
PSTG	F	0.29%	0.09%	0.09%
RKT	F	0.03%	0.06%	0.03%
RNR	C	0.21%	0.21%	0.21%
RPM	B	0.22%	0.25%	0.22%
RS	B	0.49%	0.19%	0.19%
RYAN	B	0.13%	0.18%	0.13%
SCI	A	0.14%	0.24%	0.14%
SOLV	F	0.31%	0.13%	0.13%
SRPT	F	0.2%	0.07%	0.07%
THC	C	0.31%	0.14%	0.14%
TOL	B	0.16%	0.13%	0.13%
TTEK	F	0.29%	0.16%	0.16%
TXRH	B	0.07%	0.23%	0.07%
USFD	A	0.18%	0.22%	0.18%
UTHR	C	0.38%	0.17%	0.17%
WING	D	0.36%	0.11%	0.11%
WMS	F	0.1%	0.11%	0.1%
WSM	D	0.42%	0.1%	0.1%
WSO	A	0.31%	0.19%	0.19%
XPO	B	0.17%	0.14%	0.14%

SMLF Overweight 759 Positions Relative to CFO

Symbol	Grade	Weight
EVR	B	0.81%
MSTR	A	0.73%
SFM	A	0.6%
ALSN	B	0.56%
NTNX	B	0.56%
BPOP	C	0.53%
SLG	B	0.49%
MLI	B	0.49%
NVT	C	0.49%
IDA	A	0.46%
DUOL	A	0.44%
COCO	A	0.43%
PCOR	C	0.42%
COOP	B	0.41%
LPX	B	0.41%
IOT	A	0.41%
VNO	C	0.41%
ORI	A	0.41%
HRB	D	0.4%
NTRA	A	0.4%
LBRDA	C	0.4%
GTLB	B	0.39%
POWL	C	0.38%
MEDP	D	0.38%
BRX	A	0.37%
AM	A	0.37%
CNM	C	0.36%
WFRD	F	0.35%
CR	A	0.35%
AYI	B	0.35%
PIPR	B	0.34%
CAVA	C	0.34%
WK	C	0.34%
LAMR	D	0.33%
JHG	B	0.31%
HSII	B	0.31%
FLEX	B	0.31%
FR	C	0.31%
MAC	A	0.31%
DDS	B	0.31%
TPR	B	0.3%
ALKS	C	0.3%
SPXC	A	0.3%
CORT	C	0.3%
ANF	C	0.3%
CHE	F	0.3%
EXE	A	0.29%
STRL	A	0.29%
PRI	A	0.28%
R	B	0.28%
AGO	A	0.27%
INTA	B	0.27%
SN	D	0.27%
SMAR	A	0.26%
ESTC	C	0.26%
SIG	C	0.26%
GPK	D	0.26%
AMH	C	0.25%
MOD	A	0.25%
HURN	B	0.25%
CFR	B	0.25%
TPX	B	0.24%
CPRX	C	0.24%
CBSH	A	0.24%
TREX	D	0.24%
RMBS	C	0.24%
AN	D	0.24%
SKT	A	0.24%
HALO	F	0.24%
EXEL	B	0.24%
IMKTA	C	0.24%
ZION	B	0.24%
GAP	D	0.23%
LSCC	D	0.23%
AMG	C	0.23%
YOU	D	0.23%
UFPI	C	0.23%
EXLS	B	0.23%
BCC	C	0.22%
SANM	B	0.22%
GPI	B	0.22%
APA	F	0.22%
WS	B	0.22%
AXSM	B	0.22%
MATX	B	0.21%
AR	B	0.21%
TOST	A	0.21%
AZPN	A	0.21%
ETSY	D	0.2%
LIVN	D	0.2%
RDDT	A	0.2%
XRAY	D	0.2%
ELF	C	0.2%
ATKR	D	0.2%
RRX	B	0.2%
AGCO	F	0.2%
DTM	A	0.2%
DNLI	C	0.2%
BBWI	C	0.2%
HAE	C	0.2%
WCC	B	0.2%
TPG	A	0.2%
LUMN	C	0.2%
TEX	D	0.19%
M	D	0.19%
RNG	C	0.19%
SMG	C	0.19%
JOE	F	0.19%
CROX	F	0.19%
NAVI	F	0.19%
GH	B	0.19%
MUR	F	0.19%
HAS	D	0.19%
RRC	B	0.19%
HLI	B	0.18%
PRGS	B	0.18%
XRX	F	0.18%
ARW	F	0.18%
TDOC	D	0.18%
VCYT	B	0.18%
ESAB	C	0.18%
HIW	D	0.18%
GLPI	C	0.18%
FROG	C	0.18%
DCI	B	0.18%
AVNT	B	0.18%
MMYT	B	0.17%
VOYA	B	0.17%
PVH	C	0.17%
ACLX	C	0.17%
TKR	F	0.17%
LNW	F	0.17%
BRC	C	0.17%
LNTH	F	0.17%
PDM	D	0.17%
PRG	C	0.17%
KRG	A	0.17%
RHI	C	0.17%
AIZ	A	0.17%
EXTR	C	0.17%
PRKS	B	0.17%
JBSS	F	0.17%
SF	B	0.17%
KIM	A	0.16%
IVT	A	0.16%
SRCE	B	0.16%
BL	C	0.16%
BMI	C	0.16%
BJ	B	0.16%
WTM	A	0.16%
SLM	B	0.16%
LRN	A	0.16%
CVCO	A	0.16%
GME	C	0.16%
TNL	B	0.16%
CNO	B	0.16%
AGNC	C	0.16%
FAF	C	0.16%
OMF	A	0.16%
PGRE	D	0.16%
KFRC	D	0.16%
GATX	B	0.15%
LBTYA	F	0.15%
GNRC	B	0.15%
SBGI	B	0.15%
HOG	F	0.15%
ONON	B	0.15%
XNCR	B	0.15%
GES	F	0.15%
RL	C	0.15%
ONTO	F	0.15%
W	D	0.15%
VMI	B	0.15%
FTAI	A	0.15%
DOCS	C	0.15%
SPB	C	0.15%
ABG	B	0.15%
CWEN	C	0.15%
SKY	A	0.15%
ESI	B	0.15%
AMR	C	0.14%
UMBF	B	0.14%
RGLD	C	0.14%
ATI	C	0.14%
VSTO	A	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	A	0.14%
NOVT	D	0.14%
IONS	F	0.14%
PI	D	0.14%
CMC	B	0.14%
BRKR	F	0.14%
NJR	A	0.14%
ENSG	D	0.14%
UA	C	0.14%
TTC	F	0.14%
YEXT	B	0.14%
PCTY	B	0.14%
AY	A	0.14%
SPT	C	0.14%
SSD	D	0.14%
TPH	D	0.14%
BLKB	B	0.13%
VMEO	C	0.13%
BPMC	C	0.13%
THO	C	0.13%
IPAR	C	0.13%
NFG	A	0.13%
TNET	F	0.13%
ACCO	B	0.13%
OGS	A	0.13%
BRZE	C	0.13%
BWXT	A	0.13%
GOLF	B	0.13%
KAI	B	0.13%
BDN	C	0.13%
QLYS	C	0.13%
SFBS	B	0.13%
FYBR	C	0.13%
NUVL	D	0.13%
AA	A	0.13%
SR	A	0.12%
MAT	D	0.12%
INSP	F	0.12%
AROC	A	0.12%
AWR	A	0.12%
SAIA	C	0.12%
KBR	F	0.12%
GEO	A	0.12%
BASE	C	0.12%
SATS	C	0.12%
ACLS	F	0.12%
NYT	D	0.12%
OGE	A	0.12%
GFF	B	0.12%
BKE	B	0.12%
WH	B	0.12%
KRC	C	0.12%
WEN	C	0.12%
NOV	D	0.12%
AIT	B	0.12%
CBT	C	0.12%
WAFD	B	0.12%
WTS	B	0.12%
NTCT	C	0.11%
FHI	B	0.11%
CYTK	D	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	B	0.11%
PARA	D	0.11%
SSTK	F	0.11%
PTEN	C	0.11%
OII	B	0.11%
DFIN	D	0.11%
LOVE	A	0.11%
CUBE	C	0.11%
MFA	D	0.11%
ACAD	C	0.11%
HTH	B	0.11%
CRUS	F	0.11%
CARG	B	0.11%
SPSC	F	0.11%
BAND	D	0.11%
ODP	F	0.11%
CHX	C	0.11%
APOG	B	0.11%
CXW	B	0.11%
MCB	B	0.11%
MDGL	C	0.11%
NSP	F	0.11%
BCRX	D	0.11%
KW	B	0.1%
MTRN	C	0.1%
ASB	B	0.1%
CHDN	C	0.1%
HP	C	0.1%
ACA	A	0.1%
DNOW	B	0.1%
BECN	B	0.1%
EXPI	C	0.1%
PNFP	B	0.1%
IVZ	C	0.1%
UGI	C	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	A	0.1%
LSTR	D	0.1%
NNN	C	0.1%
HUN	F	0.1%
ICFI	F	0.1%
HOV	D	0.1%
SYNA	D	0.1%
X	C	0.1%
ALX	D	0.1%
LYFT	C	0.1%
CMPR	F	0.1%
AGM	B	0.1%
WAL	B	0.1%
KLIC	C	0.1%
BERY	D	0.1%
INSM	C	0.1%
VRNS	D	0.1%
HIMS	C	0.1%
EEFT	C	0.09%
VSH	F	0.09%
CXT	C	0.09%
MTSI	B	0.09%
WSC	F	0.09%
PHIN	B	0.09%
JACK	D	0.09%
MRC	B	0.09%
MTN	C	0.09%
PCVX	D	0.09%
HEES	C	0.09%
ATEN	A	0.09%
APG	C	0.09%
PBH	A	0.09%
HI	C	0.09%
LGND	C	0.09%
CAR	C	0.09%
VERA	C	0.09%
LZ	C	0.09%
FLG	D	0.09%
IDCC	B	0.09%
PLNT	A	0.09%
EGP	D	0.09%
BC	D	0.09%
ALIT	C	0.09%
TGNA	B	0.09%
TMHC	B	0.09%
OHI	B	0.09%
INVA	C	0.09%
MTG	D	0.09%
COUR	F	0.09%
UPBD	C	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
OLN	F	0.09%
WEX	F	0.09%
CUBI	C	0.09%
SON	F	0.09%
CRS	A	0.09%
EXPO	D	0.09%
VC	F	0.08%
FIVN	C	0.08%
TENB	D	0.08%
LILA	F	0.08%
OPCH	F	0.08%
HWC	B	0.08%
CVLT	B	0.08%
VIR	F	0.08%
FLR	B	0.08%
RGEN	F	0.08%
PEGA	B	0.08%
OZK	B	0.08%
CAL	F	0.08%
ELAN	D	0.08%
MKSI	C	0.08%
SCS	B	0.08%
OSCR	C	0.08%
FHB	B	0.08%
PD	C	0.08%
YETI	D	0.08%
KN	B	0.08%
MASI	B	0.08%
GMS	B	0.08%
WOR	F	0.08%
CACC	F	0.08%
DLX	B	0.08%
VFC	C	0.08%
BOX	B	0.08%
NSSC	F	0.08%
AGX	B	0.08%
CUZ	B	0.08%
KSS	F	0.08%
CARS	C	0.08%
MIDD	D	0.08%
BDC	B	0.08%
ALV	C	0.08%
CSWI	A	0.08%
CNMD	C	0.07%
AFRM	A	0.07%
UNIT	B	0.07%
EQC	A	0.07%
DH	F	0.07%
HASI	F	0.07%
AMRX	C	0.07%
PEN	B	0.07%
EYPT	D	0.07%
WYNN	D	0.07%
MATV	F	0.07%
VAC	C	0.07%
RIG	D	0.07%
AMPH	F	0.07%
LXP	D	0.07%
POR	C	0.07%
AMPL	B	0.07%
FLNC	C	0.07%
WLY	B	0.07%
NBR	D	0.07%
EPAC	B	0.07%
NTB	B	0.07%
GKOS	A	0.07%
DOMO	C	0.07%
GCO	C	0.07%
ASH	F	0.07%
KNF	B	0.07%
PLUS	F	0.07%
SM	C	0.07%
SNEX	B	0.07%
NARI	C	0.07%
CEIX	A	0.07%
NXST	C	0.07%
WNC	D	0.07%
NVST	C	0.06%
CC	D	0.06%
AVXL	C	0.06%
YELP	C	0.06%
OXM	F	0.06%
AVDX	B	0.06%
GPMT	B	0.06%
COTY	F	0.06%
S	B	0.06%
FN	B	0.06%
TNC	F	0.06%
NXT	D	0.06%
ILPT	D	0.06%
HWKN	B	0.06%
AMCX	C	0.06%
HCC	B	0.06%
CNX	A	0.06%
TRN	A	0.06%
STWD	C	0.06%
MCY	B	0.06%
CTBI	B	0.06%
MPW	F	0.06%
BRBR	A	0.06%
ITCI	B	0.06%
VKTX	F	0.06%
RUSHA	B	0.06%
FUN	C	0.06%
ASO	F	0.06%
LADR	B	0.06%
NSIT	F	0.06%
SOFI	A	0.06%
FLO	D	0.06%
RDN	D	0.06%
WTTR	A	0.06%
IRTC	C	0.06%
RYN	D	0.06%
ADEA	C	0.06%
BCO	F	0.06%
SFL	D	0.06%
AIV	C	0.06%
ADMA	C	0.06%
APPF	C	0.06%
AZEK	B	0.06%
OTTR	C	0.06%
HE	C	0.06%
UVV	B	0.06%
KD	A	0.06%
MED	F	0.06%
FOLD	F	0.05%
AVAV	C	0.05%
ITGR	B	0.05%
SNV	B	0.05%
ACI	C	0.05%
FFIN	B	0.05%
CVBF	B	0.05%
SONO	C	0.05%
PZZA	F	0.05%
ITRI	B	0.05%
LBTYK	A	0.05%
EHC	B	0.05%
TILE	B	0.05%
BEAM	C	0.05%
SITE	D	0.05%
CERS	D	0.05%
AEO	F	0.05%
BLMN	F	0.05%
AMBC	C	0.05%
PATH	C	0.05%
HOUS	D	0.05%
MERC	F	0.05%
KOS	D	0.05%
TARS	C	0.05%
SMTC	C	0.05%
ZIP	D	0.05%
VNT	C	0.05%
THR	B	0.05%
WBS	A	0.05%
APLS	F	0.05%
LFUS	D	0.05%
ASAN	C	0.05%
WBA	F	0.05%
PK	D	0.05%
MDXG	A	0.05%
WGO	D	0.05%
LECO	C	0.05%
CENTA	C	0.05%
ARWR	D	0.04%
FCN	F	0.04%
MAN	F	0.04%
HPP	F	0.04%
STAG	D	0.04%
MDU	D	0.04%
DAWN	D	0.04%
CORZ	B	0.04%
PFSI	C	0.04%
KREF	D	0.04%
OUT	A	0.04%
DIN	C	0.04%
PRGO	C	0.04%
LPG	F	0.04%
FLYW	B	0.04%
AGS	A	0.04%
IDT	B	0.04%
ENS	D	0.04%
SANA	F	0.04%
TPB	A	0.04%
SAH	B	0.04%
ANAB	F	0.04%
NATL	B	0.04%
HELE	C	0.04%
RVMD	B	0.04%
KLG	D	0.04%
CELH	F	0.04%
AGYS	A	0.04%
ARRY	F	0.04%
ROKU	D	0.04%
BILL	B	0.04%
CFFN	B	0.04%
OMI	F	0.04%
HLF	C	0.04%
ANGI	F	0.04%
IBP	F	0.04%
NHI	D	0.04%
ACHC	F	0.04%
HSTM	A	0.04%
MMS	D	0.04%
FHN	A	0.04%
BCPC	B	0.04%
TDS	B	0.04%
IOSP	C	0.04%
RCUS	F	0.04%
JANX	C	0.03%
SWIM	D	0.03%
AXTA	B	0.03%
GMED	A	0.03%
ALHC	C	0.03%
VIAV	C	0.03%
ALRM	C	0.03%
RDFN	D	0.03%
ADT	B	0.03%
MOG.A	B	0.03%
LTH	C	0.03%
CHRD	F	0.03%
SUPN	B	0.03%
FL	F	0.03%
VNDA	C	0.03%
RGNX	D	0.03%
EVTC	B	0.03%
VCEL	A	0.03%
NX	C	0.03%
EMBC	D	0.03%
DNB	B	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	C	0.03%
OFIX	B	0.03%
XHR	B	0.03%
CIEN	B	0.03%
VIRT	A	0.03%
QDEL	F	0.03%
REVG	B	0.03%
SNBR	F	0.03%
RYI	C	0.03%
IESC	A	0.03%
UDMY	D	0.03%
ARCH	B	0.03%
SLAB	F	0.03%
BRSP	C	0.03%
CDP	C	0.03%
MGNI	A	0.03%
HNI	B	0.03%
AMN	F	0.03%
ACCD	F	0.03%
VITL	D	0.03%
CGEM	F	0.03%
IVR	D	0.03%
TCBI	B	0.03%
RPD	C	0.03%
SPRY	C	0.03%
ATRC	C	0.03%
CNS	B	0.03%
RLI	A	0.03%
UVE	A	0.03%
NRC	F	0.03%
OI	D	0.03%
OLED	F	0.03%
BKD	F	0.03%
CVI	D	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	0.02%
SSB	B	0.02%
CACI	C	0.02%
SLVM	C	0.02%
OSIS	A	0.02%
MSM	D	0.02%
TSE	F	0.02%
KVYO	D	0.02%
UNFI	B	0.02%
ARCT	F	0.02%
OMER	B	0.02%
VSTS	F	0.02%
BRY	F	0.02%
DYN	F	0.02%
EVH	F	0.02%
PRO	C	0.02%
RAMP	C	0.02%
QRTEA	F	0.02%
GPRO	F	0.02%
SAFE	F	0.02%
KFY	B	0.02%
MSA	D	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	B	0.02%
DAN	F	0.02%
DOCN	D	0.02%
ALAB	B	0.02%
EVRI	A	0.02%
NWL	B	0.02%
NUS	C	0.02%
EPR	D	0.02%
BMBL	C	0.02%
OPI	F	0.02%
IRWD	F	0.02%
FSS	B	0.02%
WTFC	B	0.02%
MTW	C	0.02%
DY	C	0.02%
DBI	F	0.02%
LMAT	A	0.02%
CLVT	D	0.02%
RLJ	C	0.02%
PBF	D	0.02%
CRSP	D	0.02%
TLRY	F	0.02%
SITC	D	0.02%
SVC	F	0.02%
TWO	D	0.02%
CNDT	D	0.02%
OPEN	F	0.02%
SNDX	F	0.02%
WD	D	0.02%
AKRO	C	0.02%
PTCT	C	0.02%
GIII	D	0.02%
USNA	C	0.02%
LANC	D	0.02%
ARCB	C	0.02%
PDCO	F	0.02%
CALX	D	0.02%
CWK	C	0.01%
ALGM	F	0.01%
VAL	F	0.01%
DINO	D	0.01%
PGEN	F	0.01%
AIN	C	0.01%
ARR	D	0.01%
PEB	F	0.01%
JAMF	F	0.01%
PCH	D	0.01%
EPC	F	0.01%
SFIX	B	0.01%
POWI	D	0.01%
FLWS	F	0.01%
TDC	D	0.01%
XPRO	F	0.01%
MBC	F	0.01%
BIGC	C	0.01%
MLAB	F	0.01%
GO	C	0.01%
JOBY	B	0.01%
UTL	C	0.01%
WTI	F	0.01%
ZUO	B	0.01%
NWN	A	0.01%
BKH	A	0.01%
CRAI	B	0.01%
SWI	B	0.01%
MITK	D	0.01%
NTLA	F	0.01%
VRE	A	0.01%
TR	B	0.01%
ROIV	D	0.01%
TTGT	B	0.01%
SWX	A	0.01%
HCAT	C	0.01%
OIS	C	0.01%
RBRK	A	0.01%
NGVT	C	0.01%
HQY	A	0.01%
ENVA	B	0.01%
HMST	D	0.01%
AXS	A	0.01%
CAKE	B	0.01%
STGW	B	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GEF	B	0.01%
GWRE	A	0.01%
RHP	B	0.01%
PYCR	C	0.01%
ASGN	F	0.01%
HTZ	C	0.01%
MBLY	C	0.01%
OSUR	F	0.01%
HAIN	D	0.01%
SWTX	C	0.01%
KALU	C	0.01%
PII	F	0.01%
NEXA	B	0.01%
BYD	B	0.01%
UPWK	C	0.01%
HXL	F	0.01%
NFBK	B	0.01%
SHO	D	0.01%
AEIS	B	0.01%
MAGN	F	0.0%
BFH	B	0.0%
MC	B	0.0%
SEE	D	0.0%
CHCO	B	0.0%
GDOT	D	0.0%
NBTB	B	0.0%
EGBN	B	0.0%
FULT	B	0.0%
EIG	B	0.0%
JXN	C	0.0%
BOH	B	0.0%
DEI	B	0.0%
TRMK	B	0.0%
GNW	A	0.0%
PFBC	B	0.0%
CASH	B	0.0%
UNM	A	0.0%
TBBK	B	0.0%
FBP	B	0.0%
PRDO	B	0.0%
BKU	A	0.0%
CMA	B	0.0%
AX	B	0.0%
OFG	B	0.0%

SMLF Underweight 444 Positions Relative to CFO

Symbol	Grade	Weight
TMUS	B	-0.42%
ADP	B	-0.35%
KMI	A	-0.35%
FI	A	-0.34%
ATO	A	-0.34%
V	A	-0.34%
BRK.A	B	-0.34%
ITW	B	-0.33%
KO	D	-0.33%
HON	B	-0.33%
RSG	A	-0.33%
WMB	A	-0.32%
AMP	A	-0.32%
L	A	-0.32%
NI	A	-0.31%
ETR	A	-0.31%
MSI	B	-0.31%
MA	B	-0.31%
CHD	A	-0.31%
ICE	C	-0.3%
LNG	A	-0.3%
PM	A	-0.3%
LIN	D	-0.3%
YUM	D	-0.3%
MMC	D	-0.3%
PPL	A	-0.3%
LMT	D	-0.3%
OKE	A	-0.3%
PG	C	-0.3%
TRGP	A	-0.3%
BK	B	-0.3%
CSX	C	-0.29%
BLK	B	-0.29%
SRE	A	-0.29%
DUK	C	-0.29%
CSCO	B	-0.29%
EA	A	-0.29%
SPGI	D	-0.29%
HLT	A	-0.29%
GD	D	-0.29%
WMT	A	-0.29%
BSX	A	-0.29%
PEG	C	-0.29%
RJF	A	-0.29%
LDOS	C	-0.28%
CB	C	-0.28%
CME	A	-0.28%
LHX	B	-0.28%
OTIS	C	-0.28%
EVRG	A	-0.28%
COR	B	-0.28%
PKG	B	-0.28%
CL	D	-0.28%
HOLX	D	-0.28%
PCG	A	-0.27%
MCD	D	-0.27%
TJX	A	-0.27%
T	A	-0.27%
CPRT	B	-0.27%
AFG	A	-0.27%
CMS	C	-0.27%
JNJ	D	-0.27%
GWW	B	-0.27%
CVX	A	-0.27%
MAR	B	-0.27%
WM	B	-0.27%
SO	C	-0.27%
PAYX	B	-0.27%
IEX	B	-0.27%
ORLY	B	-0.26%
RTX	D	-0.26%
MS	A	-0.26%
ED	C	-0.26%
XOM	B	-0.26%
PFG	C	-0.26%
MET	A	-0.26%
FOXA	B	-0.26%
SYK	A	-0.26%
VRSN	F	-0.26%
BRO	B	-0.26%
JPM	A	-0.26%
SNA	B	-0.26%
ABT	A	-0.26%
FE	C	-0.26%
MO	A	-0.26%
WAB	B	-0.26%
ROP	C	-0.26%
CTAS	B	-0.26%
LNT	A	-0.26%
BR	B	-0.26%
PEP	F	-0.26%
FAST	B	-0.26%
CINF	A	-0.25%
MNST	C	-0.25%
DOV	B	-0.25%
HIG	B	-0.25%
HD	A	-0.25%
KR	B	-0.25%
UNP	D	-0.25%
AEE	A	-0.25%
MDLZ	F	-0.25%
MDT	D	-0.25%
MSFT	D	-0.25%
FDS	B	-0.25%
AVY	D	-0.25%
AME	A	-0.25%
WEC	A	-0.25%
KDP	D	-0.25%
JKHY	D	-0.25%
MKL	A	-0.25%
NDAQ	A	-0.25%
AJG	B	-0.25%
PPG	F	-0.25%
SSNC	C	-0.25%
VMC	B	-0.24%
TRMB	B	-0.24%
DRI	C	-0.24%
TAP	B	-0.24%
MCK	A	-0.24%
OMC	C	-0.24%
COP	B	-0.24%
COST	A	-0.24%
STT	B	-0.24%
TW	A	-0.24%
MORN	B	-0.24%
CMCSA	B	-0.24%
NOC	D	-0.24%
BDX	F	-0.24%
CTSH	C	-0.24%
VRSK	B	-0.24%
HEI	A	-0.24%
PTC	B	-0.24%
GDDY	A	-0.24%
CNP	A	-0.24%
GS	B	-0.24%
TRV	A	-0.24%
STZ	D	-0.24%
DAL	A	-0.23%
PCAR	C	-0.23%
AEP	C	-0.23%
TDY	B	-0.23%
AXP	B	-0.23%
TT	A	-0.23%
ECL	D	-0.23%
DGX	A	-0.23%
PGR	B	-0.23%
MCO	D	-0.23%
AON	B	-0.23%
J	D	-0.23%
BKR	B	-0.23%
SYY	D	-0.23%
EOG	A	-0.23%
BAC	A	-0.23%
EQH	B	-0.23%
AIG	C	-0.23%
CAH	B	-0.23%
ALL	A	-0.23%
COF	B	-0.23%
WFC	A	-0.23%
NTRS	A	-0.23%
SHW	C	-0.23%
ZBH	C	-0.23%
DTE	C	-0.23%
EIX	C	-0.23%
FFIV	B	-0.22%
RGA	B	-0.22%
PFGC	B	-0.22%
CBOE	C	-0.22%
FTV	D	-0.22%
PRU	B	-0.22%
BKNG	A	-0.22%
INCY	C	-0.22%
LYV	A	-0.22%
MTB	A	-0.22%
ROST	D	-0.22%
CTRA	B	-0.22%
LOW	C	-0.22%
VZ	C	-0.22%
CI	D	-0.22%
UAL	A	-0.22%
AZO	C	-0.22%
APO	A	-0.22%
AFL	C	-0.22%
ROL	B	-0.22%
FIS	C	-0.22%
EMR	A	-0.22%
EXPD	D	-0.22%
CLX	A	-0.22%
TROW	B	-0.22%
MLM	B	-0.22%
XEL	A	-0.22%
NWSA	B	-0.22%
CMI	A	-0.22%
KMB	C	-0.22%
KHC	F	-0.21%
C	B	-0.21%
SYF	B	-0.21%
HBAN	B	-0.21%
LPLA	A	-0.21%
ABBV	F	-0.21%
DIS	B	-0.21%
EMN	D	-0.21%
ACN	C	-0.21%
CPAY	A	-0.21%
IBM	C	-0.21%
GRMN	B	-0.21%
LVS	B	-0.21%
GIS	F	-0.21%
AWK	C	-0.21%
EXC	C	-0.21%
JCI	B	-0.21%
LYB	F	-0.21%
IT	C	-0.21%
WRB	B	-0.21%
GILD	C	-0.21%
SCHW	A	-0.21%
LH	B	-0.21%
PNC	B	-0.21%
ETN	B	-0.2%
OWL	A	-0.2%
TMO	F	-0.2%
BX	A	-0.2%
AAPL	C	-0.2%
FNF	A	-0.2%
STE	D	-0.2%
TSCO	D	-0.2%
D	C	-0.2%
CPB	D	-0.2%
FICO	B	-0.2%
VLTO	C	-0.2%
TYL	B	-0.2%
SJM	D	-0.2%
TDG	D	-0.2%
IR	B	-0.2%
IPG	F	-0.2%
ACGL	D	-0.2%
CAT	C	-0.2%
OXY	F	-0.2%
ADSK	B	-0.2%
ORCL	A	-0.2%
ARES	A	-0.2%
HSY	F	-0.2%
PH	B	-0.2%
EBAY	D	-0.2%
DOW	F	-0.2%
DE	C	-0.2%
APH	B	-0.2%
AMZN	B	-0.2%
XYL	D	-0.2%
GLW	B	-0.19%
EQT	A	-0.19%
INTU	B	-0.19%
H	B	-0.19%
ISRG	A	-0.19%
WMG	C	-0.19%
GM	B	-0.19%
CBRE	B	-0.19%
RCL	A	-0.19%
NFLX	A	-0.19%
CAG	F	-0.19%
USB	B	-0.19%
NVR	D	-0.19%
FITB	B	-0.19%
UNH	C	-0.19%
STLD	B	-0.19%
RF	A	-0.19%
TXT	D	-0.19%
ELV	F	-0.18%
PAG	B	-0.18%
DVN	F	-0.18%
MAS	D	-0.18%
ZM	B	-0.18%
CF	A	-0.18%
HAL	C	-0.18%
SLB	C	-0.18%
KVUE	A	-0.18%
KKR	A	-0.18%
REGN	F	-0.18%
TPL	A	-0.18%
MRK	F	-0.18%
APD	A	-0.18%
EG	D	-0.18%
IP	A	-0.18%
MKC	D	-0.18%
NSC	B	-0.18%
DHR	D	-0.18%
JBHT	C	-0.18%
GOOGL	B	-0.18%
CDNS	B	-0.17%
GE	D	-0.17%
CFG	B	-0.17%
BG	D	-0.17%
CRBG	B	-0.17%
ZTS	D	-0.17%
PWR	A	-0.17%
DD	D	-0.17%
GEN	B	-0.17%
BAH	D	-0.17%
VEEV	C	-0.17%
CRM	B	-0.17%
NUE	D	-0.17%
DPZ	C	-0.17%
WAT	C	-0.17%
TXN	C	-0.17%
DVA	C	-0.17%
ODFL	B	-0.17%
UPS	C	-0.17%
DOCU	B	-0.17%
HUBB	B	-0.17%
GPC	F	-0.17%
AOS	F	-0.17%
CMG	C	-0.17%
LII	A	-0.17%
GPN	C	-0.17%
PSX	C	-0.17%
FANG	D	-0.17%
HCA	F	-0.17%
HRL	D	-0.16%
IDXX	F	-0.16%
KEY	B	-0.16%
DT	C	-0.16%
PYPL	B	-0.16%
NOW	B	-0.16%
HWM	A	-0.16%
ABNB	D	-0.16%
AMGN	D	-0.16%
MSCI	B	-0.16%
A	F	-0.16%
CSGP	F	-0.16%
CARR	D	-0.16%
NEE	C	-0.16%
GEV	A	-0.15%
WLK	F	-0.15%
STX	D	-0.15%
HPE	B	-0.15%
TGT	B	-0.15%
KEYS	C	-0.15%
UHAL	D	-0.15%
PHM	D	-0.15%
PODD	B	-0.15%
WDAY	C	-0.15%
CHRW	B	-0.15%
RVTY	D	-0.15%
CTVA	C	-0.15%
GEHC	D	-0.15%
HPQ	B	-0.15%
ERIE	F	-0.15%
AKAM	F	-0.15%
FDX	B	-0.15%
EXPE	B	-0.15%
POOL	D	-0.15%
NRG	B	-0.15%
VST	A	-0.15%
JLL	D	-0.15%
ZBRA	B	-0.15%
UHS	D	-0.15%
ULTA	F	-0.15%
CDW	F	-0.15%
VLO	C	-0.15%
EFX	F	-0.14%
WST	D	-0.14%
LEN	D	-0.14%
FTNT	B	-0.14%
MGM	D	-0.14%
CVS	F	-0.14%
BIIB	F	-0.14%
NTAP	C	-0.14%
URI	B	-0.14%
CPNG	D	-0.14%
SNPS	C	-0.14%
DDOG	A	-0.14%
PLTR	A	-0.14%
HII	F	-0.14%
ROK	B	-0.14%
MPC	D	-0.14%
EPAM	C	-0.13%
BMRN	F	-0.13%
ANET	C	-0.13%
LLY	F	-0.13%
BURL	A	-0.13%
NBIX	C	-0.13%
FCX	F	-0.13%
META	C	-0.13%
CHTR	B	-0.13%
ADI	D	-0.13%
TFX	F	-0.13%
HOOD	A	-0.13%
LUV	B	-0.13%
MOH	F	-0.13%
CNC	F	-0.13%
NXPI	F	-0.12%
NKE	F	-0.12%
AVTR	F	-0.12%
DHI	D	-0.12%
MTD	F	-0.12%
SBUX	A	-0.12%
UBER	F	-0.12%
F	C	-0.12%
TSLA	A	-0.12%
CRWD	B	-0.12%
BBY	D	-0.12%
ADBE	D	-0.12%
ALLY	C	-0.12%
SQ	A	-0.12%
KMX	C	-0.12%
TECH	F	-0.12%
VRT	A	-0.12%
IQV	F	-0.12%
MMM	D	-0.12%
TTD	B	-0.12%
AES	F	-0.11%
AMAT	F	-0.11%
AVGO	C	-0.11%
PANW	B	-0.11%
FND	F	-0.11%
ADM	D	-0.11%
HUM	D	-0.11%
RMD	C	-0.11%
ALGN	D	-0.11%
QCOM	F	-0.11%
CEG	C	-0.11%
EW	C	-0.1%
SWKS	F	-0.1%
INTC	C	-0.1%
PINS	F	-0.1%
LRCX	F	-0.1%
MCHP	F	-0.1%
CE	F	-0.1%
NVDA	A	-0.1%
BLDR	D	-0.1%
EL	F	-0.09%
DG	F	-0.09%
KLAC	F	-0.09%
AMD	F	-0.09%
COIN	A	-0.09%
APTV	F	-0.09%
FSLR	F	-0.08%
TER	F	-0.08%
DXCM	C	-0.08%
ON	F	-0.08%
DELL	B	-0.08%
MPWR	F	-0.06%
ENPH	F	-0.04%
SMCI	F	-0.02%