SMLF vs. DEUS ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to Deutsche X-trackers Russell 1000 Enhanced Beta ETF (DEUS)

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

$73.06

Average Daily Volume

71,849

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

DEUS

Deutsche X-trackers Russell 1000 Enhanced Beta ETF

DEUS Description

The investment seeks investment results that correspond generally to the performance of the Russell 1000 Comprehensive Factor Index. The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance of the underlying index, which is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of value, momentum, quality, low volatility and size. It will normally invest at least 80% of its net assets in equity securities of issuers from the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.46

Average Daily Volume

6,372

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	DEUS
30 Days	10.53%	5.28%
60 Days	10.49%	5.59%
90 Days	11.95%	7.47%
12 Months	40.74%	30.24%

229 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in DEUS	Overlap
ACHC	F	0.04%	0.01%	0.01%
ACI	C	0.05%	0.1%	0.05%
ACM	A	0.19%	0.09%	0.09%
AGCO	D	0.2%	0.03%	0.03%
AGO	B	0.27%	0.14%	0.14%
AIZ	A	0.17%	0.14%	0.14%
ALLE	D	0.16%	0.1%	0.1%
ALSN	B	0.56%	0.37%	0.37%
AM	A	0.37%	0.02%	0.02%
AMG	B	0.23%	0.21%	0.21%
AMH	D	0.25%	0.04%	0.04%
AN	C	0.24%	0.02%	0.02%
APG	B	0.09%	0.03%	0.03%
APP	B	1.49%	0.03%	0.03%
APPF	B	0.06%	0.01%	0.01%
ARW	D	0.18%	0.03%	0.03%
ASH	D	0.07%	0.02%	0.02%
ATI	D	0.14%	0.01%	0.01%
AXON	A	0.66%	0.03%	0.03%
AXS	A	0.01%	0.09%	0.01%
AXTA	A	0.03%	0.04%	0.03%
AYI	B	0.35%	0.24%	0.24%
AZEK	A	0.06%	0.04%	0.04%
BBWI	D	0.2%	0.01%	0.01%
BC	C	0.09%	0.03%	0.03%
BERY	B	0.1%	0.04%	0.04%
BJ	A	0.16%	0.41%	0.16%
BLD	D	0.21%	0.09%	0.09%
BPOP	B	0.53%	0.04%	0.04%
BRBR	A	0.06%	0.21%	0.06%
BRKR	D	0.14%	0.03%	0.03%
BRX	A	0.37%	0.03%	0.03%
BSY	D	0.12%	0.01%	0.01%
BWXT	B	0.13%	0.12%	0.12%
CACC	D	0.08%	0.02%	0.02%
CACI	D	0.02%	0.28%	0.02%
CASY	A	0.06%	0.54%	0.06%
CBSH	A	0.24%	0.05%	0.05%
CC	C	0.06%	0.01%	0.01%
CFR	B	0.25%	0.02%	0.02%
CHDN	B	0.1%	0.02%	0.02%
CHE	D	0.3%	0.09%	0.09%
CIEN	B	0.03%	0.1%	0.03%
CLH	B	0.07%	0.11%	0.07%
CLVT	F	0.02%	0.0%	0.0%
CMA	A	0.0%	0.04%	0.0%
CNM	D	0.36%	0.25%	0.25%
COKE	C	0.22%	0.23%	0.22%
CR	A	0.35%	0.15%	0.15%
CROX	D	0.19%	0.01%	0.01%
CRUS	D	0.11%	0.17%	0.11%
CSL	C	0.41%	0.23%	0.23%
CUBE	D	0.11%	0.1%	0.1%
CUZ	B	0.08%	0.01%	0.01%
CW	B	0.23%	0.19%	0.19%
CWEN	C	0.15%	0.01%	0.01%
CXT	B	0.09%	0.03%	0.03%
DCI	B	0.18%	0.15%	0.15%
DDS	B	0.31%	0.01%	0.01%
DECK	A	0.72%	0.12%	0.12%
DINO	D	0.01%	0.09%	0.01%
DKS	C	0.38%	0.15%	0.15%
DNB	B	0.03%	0.01%	0.01%
DTM	B	0.2%	0.19%	0.19%
EEFT	B	0.09%	0.05%	0.05%
EGP	F	0.09%	0.03%	0.03%
EHC	B	0.05%	0.19%	0.05%
ELF	C	0.2%	0.01%	0.01%
EME	C	0.94%	0.46%	0.46%
ENTG	D	0.23%	0.04%	0.04%
ESAB	B	0.18%	0.08%	0.08%
ESI	A	0.15%	0.05%	0.05%
EVR	B	0.81%	0.25%	0.25%
EWBC	A	0.39%	0.11%	0.11%
EXEL	B	0.24%	0.19%	0.19%
FAF	A	0.16%	0.02%	0.02%
FCN	D	0.04%	0.04%	0.04%
FCNCA	A	0.27%	0.28%	0.27%
FHB	A	0.08%	0.02%	0.02%
FHN	A	0.04%	0.05%	0.04%
FIX	A	0.44%	0.24%	0.24%
FLO	D	0.06%	0.08%	0.06%
FR	C	0.31%	0.03%	0.03%
FYBR	D	0.13%	0.17%	0.13%
GAP	C	0.23%	0.03%	0.03%
GGG	B	0.3%	0.08%	0.08%
GLPI	C	0.18%	0.03%	0.03%
GNRC	B	0.15%	0.03%	0.03%
GO	C	0.01%	0.06%	0.01%
GPK	C	0.26%	0.08%	0.08%
GWRE	A	0.01%	0.07%	0.01%
HAS	D	0.19%	0.01%	0.01%
HIW	D	0.18%	0.03%	0.03%
HLI	B	0.18%	0.3%	0.18%
HOG	D	0.15%	0.06%	0.06%
HRB	D	0.4%	0.3%	0.3%
HUN	F	0.1%	0.01%	0.01%
HXL	D	0.01%	0.03%	0.01%
IBKR	A	0.45%	0.14%	0.14%
IDA	A	0.46%	0.04%	0.04%
ITT	A	0.31%	0.25%	0.25%
IVZ	B	0.1%	0.01%	0.01%
JBL	B	0.55%	0.54%	0.54%
JEF	A	0.4%	0.01%	0.01%
JHG	A	0.31%	0.17%	0.17%
KBR	F	0.12%	0.03%	0.03%
KD	B	0.06%	0.02%	0.02%
KIM	A	0.16%	0.03%	0.03%
KNSL	B	0.18%	0.3%	0.18%
KRC	C	0.12%	0.03%	0.03%
LAMR	D	0.33%	0.16%	0.16%
LECO	B	0.05%	0.16%	0.05%
LFUS	F	0.05%	0.02%	0.02%
LPX	B	0.41%	0.01%	0.01%
LSCC	D	0.23%	0.06%	0.06%
LSTR	D	0.1%	0.06%	0.06%
M	D	0.19%	0.01%	0.01%
MAN	D	0.04%	0.04%	0.04%
MANH	D	0.5%	0.18%	0.18%
MASI	A	0.08%	0.02%	0.02%
MAT	D	0.12%	0.09%	0.09%
MDU	D	0.04%	0.06%	0.04%
MEDP	D	0.38%	0.08%	0.08%
MIDD	C	0.08%	0.01%	0.01%
MKSI	C	0.08%	0.0%	0.0%
MSA	D	0.02%	0.02%	0.02%
MSM	C	0.02%	0.06%	0.02%
MTG	C	0.09%	0.24%	0.09%
MTN	C	0.09%	0.03%	0.03%
MTSI	B	0.09%	0.05%	0.05%
NDSN	B	0.18%	0.04%	0.04%
NFG	A	0.13%	0.18%	0.13%
NNN	D	0.1%	0.05%	0.05%
NOV	C	0.12%	0.01%	0.01%
NTNX	A	0.56%	0.01%	0.01%
NVT	B	0.49%	0.07%	0.07%
NWL	B	0.02%	0.04%	0.02%
NXST	C	0.07%	0.1%	0.07%
NYT	C	0.12%	0.16%	0.12%
OC	A	0.18%	0.37%	0.18%
OGE	B	0.12%	0.14%	0.12%
OHI	C	0.09%	0.01%	0.01%
OLED	D	0.03%	0.06%	0.03%
OLN	D	0.09%	0.03%	0.03%
OMF	A	0.16%	0.02%	0.02%
ONTO	D	0.15%	0.06%	0.06%
ORI	A	0.41%	0.17%	0.17%
OZK	B	0.08%	0.07%	0.07%
PCOR	B	0.42%	0.03%	0.03%
PCTY	B	0.14%	0.02%	0.02%
PII	D	0.01%	0.01%	0.01%
PNFP	B	0.1%	0.06%	0.06%
PRGO	B	0.04%	0.04%	0.04%
PRI	A	0.28%	0.17%	0.17%
PSTG	D	0.29%	0.05%	0.05%
PVH	C	0.17%	0.07%	0.07%
R	B	0.28%	0.15%	0.15%
RGEN	D	0.08%	0.01%	0.01%
RGLD	C	0.14%	0.1%	0.1%
RHI	B	0.17%	0.09%	0.09%
RL	B	0.15%	0.28%	0.15%
RLI	B	0.03%	0.14%	0.03%
RNR	C	0.21%	0.49%	0.21%
RPM	A	0.22%	0.17%	0.17%
RRX	B	0.2%	0.02%	0.02%
RS	B	0.49%	0.35%	0.35%
RYAN	B	0.13%	0.02%	0.02%
RYN	D	0.06%	0.02%	0.02%
SAIA	B	0.12%	0.1%	0.1%
SCI	B	0.14%	0.09%	0.09%
SEE	C	0.0%	0.01%	0.0%
SF	B	0.17%	0.07%	0.07%
SITE	D	0.05%	0.05%	0.05%
SLM	A	0.16%	0.03%	0.03%
SMAR	A	0.26%	0.01%	0.01%
SMG	D	0.19%	0.03%	0.03%
SN	D	0.27%	0.06%	0.06%
SNV	B	0.05%	0.04%	0.04%
SOLV	C	0.31%	0.34%	0.31%
SON	D	0.09%	0.05%	0.05%
SPB	C	0.15%	0.03%	0.03%
SSD	D	0.14%	0.18%	0.14%
STAG	F	0.04%	0.02%	0.02%
STWD	C	0.06%	0.02%	0.02%
TDC	D	0.01%	0.04%	0.01%
THC	D	0.31%	0.02%	0.02%
THO	B	0.13%	0.05%	0.05%
TKR	D	0.17%	0.04%	0.04%
TNL	A	0.16%	0.03%	0.03%
TOL	B	0.16%	0.24%	0.16%
TOST	B	0.21%	0.01%	0.01%
TPG	A	0.2%	0.04%	0.04%
TPR	B	0.3%	0.14%	0.14%
TPX	B	0.24%	0.01%	0.01%
TREX	C	0.24%	0.05%	0.05%
TTC	D	0.14%	0.03%	0.03%
TTEK	F	0.29%	0.07%	0.07%
TXRH	C	0.07%	0.23%	0.07%
UA	C	0.14%	0.01%	0.01%
UGI	A	0.1%	0.01%	0.01%
UNM	A	0.0%	0.12%	0.0%
USFD	A	0.18%	0.07%	0.07%
UTHR	C	0.38%	0.4%	0.38%
VFC	C	0.08%	0.01%	0.01%
VIRT	B	0.03%	0.04%	0.03%
VMI	B	0.15%	0.03%	0.03%
VNO	B	0.41%	0.02%	0.02%
VNT	B	0.05%	0.07%	0.05%
VOYA	B	0.17%	0.03%	0.03%
VSTS	C	0.02%	0.06%	0.02%
WAL	B	0.1%	0.01%	0.01%
WBS	A	0.05%	0.05%	0.05%
WCC	B	0.2%	0.03%	0.03%
WEX	D	0.09%	0.04%	0.04%
WFRD	D	0.35%	0.04%	0.04%
WH	B	0.12%	0.02%	0.02%
WING	D	0.36%	0.03%	0.03%
WMS	D	0.1%	0.05%	0.05%
WSC	D	0.09%	0.01%	0.01%
WSM	B	0.42%	0.21%	0.21%
WSO	A	0.31%	0.19%	0.19%
WTFC	A	0.02%	0.04%	0.02%
WTM	A	0.16%	0.01%	0.01%
WYNN	D	0.07%	0.01%	0.01%
X	C	0.1%	0.01%	0.01%
XPO	B	0.17%	0.02%	0.02%
XRAY	F	0.2%	0.01%	0.01%
YETI	C	0.08%	0.02%	0.02%
ZION	B	0.24%	0.05%	0.05%

SMLF Overweight 581 Positions Relative to DEUS

Symbol	Grade	Weight
MSTR	C	0.73%
SFM	A	0.6%
SLG	B	0.49%
MLI	C	0.49%
CVNA	B	0.46%
DUOL	A	0.44%
COCO	B	0.43%
COOP	B	0.41%
IOT	A	0.41%
NTRA	B	0.4%
LBRDA	C	0.4%
GTLB	B	0.39%
POWL	C	0.38%
PIPR	B	0.34%
CAVA	B	0.34%
WK	B	0.34%
HSII	B	0.31%
FLEX	A	0.31%
MAC	B	0.31%
ALKS	B	0.3%
SPXC	A	0.3%
CORT	B	0.3%
ANF	C	0.3%
EXE	B	0.29%
STRL	B	0.29%
INTA	A	0.27%
ESTC	C	0.26%
SIG	B	0.26%
OVV	B	0.25%
MOD	A	0.25%
HURN	B	0.25%
CPRX	C	0.24%
RMBS	C	0.24%
SKT	B	0.24%
HALO	F	0.24%
IMKTA	C	0.24%
YOU	D	0.23%
UFPI	B	0.23%
EXLS	B	0.23%
BCC	B	0.22%
SANM	B	0.22%
GPI	A	0.22%
APA	D	0.22%
WS	B	0.22%
AXSM	B	0.22%
MATX	C	0.21%
AR	B	0.21%
AZPN	A	0.21%
SRPT	D	0.2%
ETSY	D	0.2%
LIVN	F	0.2%
RDDT	B	0.2%
ATKR	C	0.2%
DNLI	D	0.2%
HAE	C	0.2%
LUMN	C	0.2%
TEX	D	0.19%
RNG	B	0.19%
JOE	F	0.19%
NAVI	C	0.19%
GH	B	0.19%
MUR	D	0.19%
RRC	B	0.19%
PRGS	A	0.18%
XRX	F	0.18%
TDOC	C	0.18%
VCYT	B	0.18%
FROG	C	0.18%
AVNT	B	0.18%
MMYT	B	0.17%
ACLX	C	0.17%
LNW	D	0.17%
BRC	D	0.17%
LNTH	D	0.17%
PDM	D	0.17%
PRG	C	0.17%
KRG	B	0.17%
EXTR	B	0.17%
PRKS	C	0.17%
JBSS	D	0.17%
IVT	B	0.16%
SRCE	B	0.16%
BL	B	0.16%
BMI	B	0.16%
LRN	A	0.16%
CVCO	A	0.16%
GME	C	0.16%
CNO	A	0.16%
AGNC	D	0.16%
PGRE	F	0.16%
KFRC	D	0.16%
GATX	A	0.15%
LBTYA	B	0.15%
SBGI	B	0.15%
ONON	A	0.15%
XNCR	B	0.15%
GES	F	0.15%
W	F	0.15%
FTAI	B	0.15%
DOCS	C	0.15%
ABG	B	0.15%
SKY	A	0.15%
AMR	C	0.14%
UMBF	B	0.14%
VSTO	A	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	B	0.14%
NOVT	D	0.14%
IONS	F	0.14%
PI	D	0.14%
CMC	B	0.14%
NJR	A	0.14%
ENSG	D	0.14%
YEXT	A	0.14%
AY	B	0.14%
SPT	C	0.14%
TPH	D	0.14%
BLKB	B	0.13%
VMEO	B	0.13%
BPMC	C	0.13%
IPAR	B	0.13%
TNET	D	0.13%
ACCO	C	0.13%
OGS	A	0.13%
BRZE	C	0.13%
GOLF	B	0.13%
KAI	A	0.13%
BDN	C	0.13%
QLYS	C	0.13%
SFBS	B	0.13%
NUVL	D	0.13%
AA	B	0.13%
SR	A	0.12%
INSP	D	0.12%
AROC	B	0.12%
AWR	B	0.12%
GEO	B	0.12%
BASE	C	0.12%
SATS	D	0.12%
ACLS	F	0.12%
GFF	A	0.12%
BKE	B	0.12%
WEN	D	0.12%
AIT	A	0.12%
CBT	C	0.12%
WAFD	B	0.12%
WTS	B	0.12%
NTCT	C	0.11%
FHI	A	0.11%
CYTK	F	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	A	0.11%
PARA	C	0.11%
SSTK	F	0.11%
PTEN	C	0.11%
OII	B	0.11%
DFIN	D	0.11%
LOVE	B	0.11%
MFA	D	0.11%
ACAD	D	0.11%
HTH	B	0.11%
CARG	C	0.11%
SPSC	C	0.11%
BAND	B	0.11%
ODP	F	0.11%
CHX	C	0.11%
APOG	B	0.11%
CXW	B	0.11%
MCB	B	0.11%
MDGL	B	0.11%
NSP	D	0.11%
BCRX	D	0.11%
KW	B	0.1%
MTRN	C	0.1%
ASB	B	0.1%
HP	B	0.1%
ACA	A	0.1%
DNOW	B	0.1%
BECN	B	0.1%
EXPI	C	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	B	0.1%
ICFI	F	0.1%
HOV	D	0.1%
SYNA	C	0.1%
ALX	D	0.1%
LYFT	C	0.1%
CMPR	D	0.1%
AGM	C	0.1%
KLIC	B	0.1%
INSM	C	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
VSH	D	0.09%
PHIN	A	0.09%
JACK	D	0.09%
MRC	B	0.09%
PCVX	D	0.09%
HEES	B	0.09%
ATEN	B	0.09%
PBH	A	0.09%
HI	C	0.09%
LGND	B	0.09%
CAR	C	0.09%
VERA	B	0.09%
LZ	D	0.09%
FLG	C	0.09%
IDCC	A	0.09%
PLNT	A	0.09%
ALIT	C	0.09%
TGNA	B	0.09%
TMHC	B	0.09%
INVA	D	0.09%
COUR	F	0.09%
UPBD	B	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
CUBI	C	0.09%
CRS	A	0.09%
EXPO	D	0.09%
VC	D	0.08%
FIVN	C	0.08%
TENB	C	0.08%
LILA	D	0.08%
OPCH	D	0.08%
HWC	B	0.08%
CVLT	B	0.08%
VIR	D	0.08%
FLR	B	0.08%
PEGA	A	0.08%
CAL	D	0.08%
ELAN	D	0.08%
SCS	C	0.08%
OSCR	D	0.08%
PD	C	0.08%
KN	B	0.08%
GMS	B	0.08%
WOR	F	0.08%
DLX	B	0.08%
BOX	B	0.08%
NSSC	D	0.08%
AGX	B	0.08%
KSS	F	0.08%
CARS	B	0.08%
BDC	B	0.08%
ALV	C	0.08%
CSWI	A	0.08%
CNMD	C	0.07%
AFRM	B	0.07%
UNIT	B	0.07%
EQC	B	0.07%
DH	D	0.07%
HASI	D	0.07%
AMRX	C	0.07%
PEN	B	0.07%
EYPT	F	0.07%
MATV	D	0.07%
VAC	B	0.07%
RIG	D	0.07%
AMPH	D	0.07%
LXP	D	0.07%
POR	C	0.07%
AMPL	C	0.07%
FLNC	C	0.07%
WLY	B	0.07%
NBR	C	0.07%
EPAC	B	0.07%
NTB	B	0.07%
GKOS	B	0.07%
DOMO	C	0.07%
GCO	B	0.07%
KNF	A	0.07%
PLUS	F	0.07%
SM	B	0.07%
SNEX	B	0.07%
NARI	C	0.07%
CEIX	A	0.07%
WNC	C	0.07%
NVST	B	0.06%
AVXL	B	0.06%
YELP	C	0.06%
OXM	D	0.06%
AVDX	B	0.06%
GPMT	C	0.06%
COTY	F	0.06%
S	B	0.06%
FN	D	0.06%
TNC	D	0.06%
NXT	C	0.06%
ILPT	D	0.06%
HWKN	B	0.06%
AMCX	C	0.06%
HCC	B	0.06%
CNX	A	0.06%
TRN	C	0.06%
MCY	A	0.06%
CTBI	B	0.06%
MPW	F	0.06%
ITCI	C	0.06%
VKTX	F	0.06%
RUSHA	C	0.06%
FUN	C	0.06%
ASO	F	0.06%
LADR	B	0.06%
NSIT	F	0.06%
SOFI	A	0.06%
RDN	C	0.06%
WTTR	B	0.06%
IRTC	D	0.06%
ADEA	D	0.06%
BCO	D	0.06%
SFL	D	0.06%
AIV	C	0.06%
ADMA	B	0.06%
OTTR	C	0.06%
HE	C	0.06%
UVV	B	0.06%
MED	F	0.06%
FOLD	F	0.05%
AVAV	D	0.05%
ITGR	B	0.05%
FFIN	B	0.05%
CVBF	A	0.05%
SONO	C	0.05%
PZZA	D	0.05%
ITRI	B	0.05%
LBTYK	A	0.05%
TILE	B	0.05%
BEAM	D	0.05%
CERS	C	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	F	0.05%
TARS	B	0.05%
SMTC	B	0.05%
ZIP	F	0.05%
THR	B	0.05%
APLS	D	0.05%
ASAN	C	0.05%
WBA	F	0.05%
PK	B	0.05%
MDXG	B	0.05%
WGO	C	0.05%
CENTA	C	0.05%
ARWR	F	0.04%
HPP	F	0.04%
DAWN	F	0.04%
CORZ	A	0.04%
PFSI	D	0.04%
KREF	D	0.04%
OUT	A	0.04%
DIN	C	0.04%
LPG	F	0.04%
FLYW	C	0.04%
AGS	A	0.04%
IDT	B	0.04%
ENS	D	0.04%
SANA	F	0.04%
TPB	B	0.04%
SAH	A	0.04%
ANAB	F	0.04%
NATL	B	0.04%
HELE	C	0.04%
RVMD	C	0.04%
KLG	C	0.04%
CELH	F	0.04%
AGYS	A	0.04%
ARRY	C	0.04%
ROKU	D	0.04%
BILL	A	0.04%
CFFN	B	0.04%
OMI	F	0.04%
HLF	C	0.04%
ANGI	D	0.04%
IBP	D	0.04%
NHI	D	0.04%
HSTM	B	0.04%
MMS	F	0.04%
BCPC	B	0.04%
TDS	B	0.04%
IOSP	B	0.04%
RCUS	F	0.04%
JANX	C	0.03%
SWIM	C	0.03%
GMED	A	0.03%
ALHC	C	0.03%
VIAV	B	0.03%
ALRM	C	0.03%
RDFN	D	0.03%
ADT	C	0.03%
MOG.A	B	0.03%
LTH	C	0.03%
CHRD	D	0.03%
SUPN	C	0.03%
FL	F	0.03%
VNDA	C	0.03%
RGNX	F	0.03%
EVTC	B	0.03%
VCEL	B	0.03%
NX	C	0.03%
EMBC	C	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	D	0.03%
OFIX	B	0.03%
XHR	B	0.03%
QDEL	F	0.03%
REVG	B	0.03%
SNBR	F	0.03%
RYI	C	0.03%
CHWY	B	0.03%
IESC	B	0.03%
UDMY	F	0.03%
ARCH	B	0.03%
SLAB	D	0.03%
BRSP	B	0.03%
CDP	C	0.03%
MGNI	A	0.03%
HNI	B	0.03%
AMN	F	0.03%
ACCD	D	0.03%
VITL	D	0.03%
CGEM	F	0.03%
IVR	F	0.03%
TCBI	B	0.03%
RPD	C	0.03%
SPRY	D	0.03%
ATRC	C	0.03%
CNS	B	0.03%
RKT	F	0.03%
UVE	B	0.03%
NRC	F	0.03%
OI	C	0.03%
BKD	D	0.03%
CVI	F	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	0.02%
SSB	B	0.02%
SLVM	B	0.02%
OSIS	B	0.02%
TSE	F	0.02%
KVYO	C	0.02%
UNFI	A	0.02%
ARCT	F	0.02%
OMER	A	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	D	0.02%
KFY	B	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	B	0.02%
DAN	D	0.02%
DOCN	D	0.02%
ALAB	B	0.02%
EVRI	A	0.02%
NUS	D	0.02%
EPR	D	0.02%
BMBL	C	0.02%
OPI	F	0.02%
IRWD	F	0.02%
FSS	B	0.02%
MTW	C	0.02%
DY	D	0.02%
DBI	F	0.02%
LMAT	A	0.02%
PR	B	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	C	0.02%
OPEN	D	0.02%
SNDX	F	0.02%
WD	D	0.02%
AKRO	B	0.02%
PTCT	B	0.02%
GIII	D	0.02%
USNA	C	0.02%
LANC	C	0.02%
ARCB	C	0.02%
PDCO	D	0.02%
CALX	D	0.02%
CWK	B	0.01%
ALGM	D	0.01%
VAL	D	0.01%
PGEN	F	0.01%
AIN	C	0.01%
ARR	D	0.01%
PEB	D	0.01%
JAMF	F	0.01%
PCH	D	0.01%
EPC	D	0.01%
SFIX	B	0.01%
POWI	D	0.01%
FLWS	F	0.01%
XPRO	F	0.01%
MBC	D	0.01%
BIGC	C	0.01%
MLAB	D	0.01%
JOBY	B	0.01%
UTL	B	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	C	0.01%
NTLA	F	0.01%
VRE	B	0.01%
TR	B	0.01%
ROIV	C	0.01%
TTGT	C	0.01%
SWX	B	0.01%
HCAT	D	0.01%
OIS	C	0.01%
RBRK	A	0.01%
NGVT	B	0.01%
HQY	B	0.01%
ENVA	B	0.01%
HMST	D	0.01%
CAKE	C	0.01%
STGW	B	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GEF	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	C	0.01%
SWTX	C	0.01%
KALU	C	0.01%
NEXA	C	0.01%
BYD	C	0.01%
UPWK	B	0.01%
NFBK	B	0.01%
SHO	C	0.01%
AEIS	B	0.01%
MAGN	F	0.0%
BFH	B	0.0%
MC	C	0.0%
CHCO	B	0.0%
GDOT	D	0.0%
NBTB	B	0.0%
EGBN	B	0.0%
FULT	A	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	A	0.0%
TBBK	B	0.0%
FBP	B	0.0%
PRDO	B	0.0%
BKU	A	0.0%
AX	A	0.0%
OFG	B	0.0%

SMLF Underweight 607 Positions Relative to DEUS

Symbol	Grade	Weight
MCK	B	-1.17%
ACGL	D	-0.94%
CAH	B	-0.93%
VST	B	-0.8%
COR	B	-0.64%
GDDY	A	-0.64%
LDOS	C	-0.64%
PHM	D	-0.61%
KR	B	-0.55%
CTSH	B	-0.55%
MO	A	-0.54%
CMI	A	-0.53%
CBOE	B	-0.52%
CINF	A	-0.52%
DHI	D	-0.5%
CNC	D	-0.49%
NTAP	C	-0.49%
LEN	D	-0.48%
EG	C	-0.47%
FFIV	B	-0.47%
ADM	D	-0.46%
ETR	B	-0.45%
NVR	D	-0.45%
PCAR	B	-0.45%
FTNT	C	-0.44%
MKL	A	-0.43%
GRMN	B	-0.43%
HUM	C	-0.42%
PEG	A	-0.4%
TSCO	D	-0.39%
EBAY	D	-0.38%
HIG	B	-0.37%
NUE	C	-0.35%
SNA	A	-0.35%
CI	F	-0.34%
PGR	A	-0.34%
IP	B	-0.33%
STLD	B	-0.33%
APH	A	-0.33%
IT	C	-0.33%
INGR	B	-0.33%
GWW	B	-0.33%
MSI	B	-0.33%
AZO	C	-0.32%
NRG	B	-0.32%
IBM	C	-0.31%
SWKS	F	-0.31%
MOH	F	-0.31%
CB	C	-0.31%
FAST	B	-0.31%
WRB	A	-0.31%
BR	A	-0.3%
TJX	A	-0.3%
ATO	A	-0.3%
TSN	B	-0.3%
SYF	B	-0.3%
BKNG	A	-0.3%
ORLY	B	-0.29%
PKG	A	-0.28%
EXPE	B	-0.28%
LPLA	A	-0.28%
MUSA	A	-0.28%
DAL	C	-0.28%
CL	D	-0.28%
TRV	B	-0.27%
T	A	-0.27%
DVA	B	-0.27%
GM	B	-0.27%
KLAC	D	-0.27%
HPE	B	-0.26%
AFL	B	-0.26%
MAS	D	-0.26%
GEN	B	-0.26%
INTU	C	-0.25%
EXP	A	-0.25%
GNTX	C	-0.25%
BRO	B	-0.25%
CVS	D	-0.24%
BBY	D	-0.24%
OMC	C	-0.24%
SKX	D	-0.24%
SNPS	B	-0.24%
SRE	A	-0.24%
DBX	B	-0.24%
WMB	A	-0.24%
A	D	-0.24%
GEHC	F	-0.24%
FDS	B	-0.23%
MMC	B	-0.23%
J	F	-0.23%
VZ	C	-0.23%
CBRE	B	-0.23%
TT	A	-0.23%
ELV	F	-0.23%
CPAY	A	-0.22%
LRCX	F	-0.22%
GL	B	-0.22%
ROST	C	-0.22%
WM	A	-0.22%
SAIC	F	-0.22%
CDNS	B	-0.21%
VTRS	A	-0.21%
GD	F	-0.21%
HLT	A	-0.21%
SYY	B	-0.21%
AEP	D	-0.21%
RSG	A	-0.21%
CHTR	C	-0.21%
FDX	B	-0.21%
CAT	B	-0.2%
NOW	A	-0.2%
NI	A	-0.2%
KMB	D	-0.2%
CTRA	B	-0.2%
PAYX	C	-0.2%
PAYC	B	-0.2%
EIX	B	-0.2%
DUK	C	-0.2%
EA	A	-0.2%
CHD	B	-0.2%
UHS	D	-0.2%
URI	B	-0.2%
LII	A	-0.2%
LH	C	-0.2%
MSFT	F	-0.19%
PPL	B	-0.19%
EOG	A	-0.19%
OSK	B	-0.19%
SEIC	B	-0.19%
AMAT	F	-0.19%
PSA	D	-0.19%
AKAM	D	-0.19%
XEL	A	-0.18%
SNX	C	-0.18%
K	A	-0.18%
PWR	A	-0.18%
ADSK	A	-0.18%
TROW	B	-0.18%
EMN	D	-0.18%
LUV	C	-0.18%
CE	F	-0.18%
GPC	D	-0.18%
VLO	C	-0.18%
L	A	-0.18%
ODFL	B	-0.18%
COF	B	-0.18%
AOS	F	-0.18%
BG	F	-0.18%
IWB	A	-0.18%
KEYS	A	-0.18%
ED	D	-0.18%
MCO	B	-0.18%
MPC	D	-0.17%
SHW	A	-0.17%
DPZ	C	-0.17%
CMS	C	-0.17%
HII	D	-0.17%
DOX	D	-0.17%
D	C	-0.17%
DELL	C	-0.17%
TW	A	-0.17%
LOPE	B	-0.17%
BKR	B	-0.17%
TXT	D	-0.17%
CNP	B	-0.17%
HPQ	B	-0.17%
WAB	B	-0.17%
CRM	B	-0.17%
ANET	C	-0.16%
DGX	A	-0.16%
CARR	D	-0.16%
CF	B	-0.16%
PSN	D	-0.16%
GILD	C	-0.16%
IR	B	-0.16%
TGT	F	-0.16%
PNR	A	-0.16%
MAR	B	-0.15%
PYPL	B	-0.15%
FI	A	-0.15%
PM	B	-0.15%
MLM	B	-0.15%
BK	A	-0.15%
CMG	B	-0.15%
AAON	B	-0.15%
CMCSA	B	-0.15%
CDW	F	-0.15%
ATR	B	-0.15%
ADI	D	-0.15%
MTB	A	-0.15%
HST	C	-0.15%
QCOM	F	-0.15%
ROL	B	-0.15%
BAH	F	-0.15%
SO	D	-0.15%
ADBE	C	-0.15%
REGN	F	-0.15%
FICO	B	-0.15%
GEV	B	-0.15%
JCI	C	-0.14%
APO	B	-0.14%
ROK	B	-0.14%
MSCI	C	-0.14%
EXC	C	-0.14%
AVY	D	-0.14%
DOV	A	-0.14%
CSCO	B	-0.14%
VVV	F	-0.14%
AWI	A	-0.14%
CPRT	A	-0.14%
VRTX	F	-0.14%
CTAS	B	-0.14%
COST	B	-0.14%
OTIS	C	-0.13%
BWA	D	-0.13%
FOXA	B	-0.13%
AMP	A	-0.13%
WST	C	-0.13%
WEC	A	-0.13%
WDAY	B	-0.13%
DLTR	F	-0.13%
KMI	A	-0.13%
POOL	C	-0.13%
WU	D	-0.13%
LOW	D	-0.13%
NEU	C	-0.13%
NBIX	C	-0.12%
ROP	B	-0.12%
POST	C	-0.12%
APD	A	-0.12%
TYL	B	-0.12%
FE	C	-0.12%
PANW	C	-0.12%
EPAM	C	-0.12%
EVRG	A	-0.12%
ECL	D	-0.12%
PSX	C	-0.12%
PNC	B	-0.12%
VMC	B	-0.12%
SPG	B	-0.12%
NWSA	B	-0.12%
RGA	A	-0.12%
ADP	B	-0.11%
HUBB	B	-0.11%
DTE	C	-0.11%
NDAQ	A	-0.11%
DD	D	-0.11%
HWM	A	-0.11%
LMT	D	-0.11%
AON	A	-0.11%
ITW	B	-0.11%
VRSK	A	-0.11%
KEX	C	-0.11%
TER	D	-0.11%
FNF	B	-0.11%
MPWR	F	-0.11%
EXPD	D	-0.11%
BLK	C	-0.11%
BRK.A	B	-0.11%
HD	A	-0.1%
GE	D	-0.1%
DLB	B	-0.1%
VICI	C	-0.1%
GOOGL	C	-0.1%
YUM	B	-0.1%
AVB	B	-0.1%
PNW	B	-0.1%
SSNC	B	-0.1%
LYB	F	-0.1%
AFG	A	-0.1%
DE	A	-0.1%
ULTA	F	-0.1%
FLS	B	-0.1%
FITB	A	-0.1%
KHC	F	-0.1%
COLM	B	-0.1%
GIS	D	-0.1%
HBAN	A	-0.1%
ETN	A	-0.1%
COP	C	-0.1%
TAP	C	-0.1%
TPL	A	-0.1%
AAPL	C	-0.1%
CSX	B	-0.09%
AMCR	D	-0.09%
DFS	B	-0.09%
LNT	A	-0.09%
MET	A	-0.09%
AME	A	-0.09%
RF	A	-0.09%
PRU	A	-0.09%
USB	A	-0.09%
CPB	D	-0.09%
MCHP	D	-0.09%
AXP	A	-0.09%
AEE	A	-0.09%
HCA	F	-0.09%
WTW	B	-0.09%
TXN	C	-0.09%
BLDR	D	-0.09%
GOOG	C	-0.09%
ARMK	B	-0.09%
MDLZ	F	-0.09%
BX	A	-0.09%
VEEV	C	-0.08%
JBHT	C	-0.08%
NVDA	C	-0.08%
JKHY	D	-0.08%
LIN	D	-0.08%
TMUS	B	-0.08%
ABBV	D	-0.08%
EQR	B	-0.08%
BSX	B	-0.08%
QRVO	F	-0.08%
META	D	-0.08%
AMGN	D	-0.08%
DLR	B	-0.08%
UHAL	D	-0.08%
FND	C	-0.08%
SBUX	A	-0.08%
JLL	D	-0.08%
FTV	C	-0.08%
IEX	B	-0.08%
DOW	F	-0.07%
RTX	C	-0.07%
FOX	A	-0.07%
WY	D	-0.07%
NEE	D	-0.07%
EXR	D	-0.07%
STZ	D	-0.07%
ALL	A	-0.07%
NTRS	A	-0.07%
ISRG	A	-0.07%
JNPR	F	-0.07%
VLTO	D	-0.07%
WWD	B	-0.07%
MMM	D	-0.07%
BURL	A	-0.07%
GLW	B	-0.07%
CCK	C	-0.07%
JAZZ	B	-0.07%
SYK	C	-0.07%
OLLI	D	-0.07%
RMD	C	-0.07%
DG	F	-0.07%
NOC	D	-0.07%
F	C	-0.07%
CPNG	D	-0.07%
ACN	C	-0.07%
MRO	B	-0.07%
CFG	B	-0.07%
BALL	D	-0.07%
STE	F	-0.07%
ESS	B	-0.07%
CTVA	C	-0.06%
PTC	A	-0.06%
BMY	B	-0.06%
AJG	B	-0.06%
IRM	D	-0.06%
MTD	D	-0.06%
WMT	A	-0.06%
LEA	D	-0.06%
CME	A	-0.06%
NSC	B	-0.06%
UPS	C	-0.06%
AMZN	C	-0.06%
LNG	B	-0.06%
KDP	D	-0.06%
AIG	B	-0.06%
ALK	C	-0.06%
UNH	C	-0.06%
CLX	B	-0.06%
SPOT	B	-0.06%
LULU	C	-0.06%
TDY	B	-0.06%
WFC	A	-0.06%
GTES	A	-0.06%
KEY	B	-0.06%
LHX	C	-0.06%
MDT	D	-0.06%
LYV	A	-0.06%
IDXX	F	-0.06%
KVUE	A	-0.06%
IPG	D	-0.06%
WBD	C	-0.05%
NKE	D	-0.05%
STT	A	-0.05%
NWS	B	-0.05%
PEP	F	-0.05%
UNP	C	-0.05%
VRT	B	-0.05%
CRBG	B	-0.05%
ARES	A	-0.05%
ICE	C	-0.05%
MAA	B	-0.05%
ANSS	B	-0.05%
CPT	B	-0.05%
EQH	B	-0.05%
SBAC	D	-0.05%
IQV	D	-0.05%
PCG	A	-0.05%
AAP	C	-0.05%
HON	B	-0.05%
JNJ	D	-0.05%
LKQ	D	-0.05%
PPG	F	-0.05%
DASH	A	-0.05%
WPC	D	-0.05%
WTRG	B	-0.05%
AMKR	D	-0.05%
ZTS	D	-0.05%
SPGI	C	-0.05%
ABNB	C	-0.05%
FBIN	D	-0.05%
PPC	C	-0.05%
CVX	A	-0.05%
CRI	D	-0.05%
MTZ	B	-0.05%
AES	F	-0.05%
GPN	B	-0.05%
AVTR	F	-0.05%
CHH	A	-0.04%
ES	D	-0.04%
INVH	D	-0.04%
BDX	F	-0.04%
FCX	D	-0.04%
PFG	D	-0.04%
SCHW	B	-0.04%
G	B	-0.04%
UDR	B	-0.04%
PG	A	-0.04%
CCI	D	-0.04%
AVGO	D	-0.04%
EW	C	-0.04%
XOM	B	-0.04%
MNST	C	-0.04%
TEAM	A	-0.04%
RBC	A	-0.04%
ABT	B	-0.04%
SLGN	A	-0.04%
SLB	C	-0.04%
EFX	F	-0.04%
MHK	D	-0.04%
RPRX	D	-0.04%
IFF	D	-0.04%
WLK	D	-0.04%
MCD	D	-0.04%
VRSN	F	-0.04%
FANG	D	-0.04%
AWK	D	-0.04%
MORN	B	-0.04%
ELS	C	-0.04%
DRI	B	-0.04%
CAG	D	-0.04%
BFAM	D	-0.03%
ALGN	D	-0.03%
LEN	D	-0.03%
BXP	D	-0.03%
SJM	D	-0.03%
MRK	F	-0.03%
DT	C	-0.03%
HRL	D	-0.03%
FIS	C	-0.03%
PH	A	-0.03%
TECH	D	-0.03%
ZBH	C	-0.03%
QGEN	D	-0.03%
TMO	F	-0.03%
MRVL	B	-0.03%
HES	B	-0.03%
FRT	B	-0.03%
MSGS	A	-0.03%
DHR	F	-0.03%
REG	B	-0.03%
MKTX	D	-0.03%
REYN	D	-0.03%
KKR	A	-0.03%
TRU	D	-0.03%
COLB	A	-0.03%
DVN	F	-0.03%
CRL	C	-0.03%
TFC	A	-0.03%
RJF	A	-0.03%
H	B	-0.03%
FTI	A	-0.03%
KO	D	-0.03%
NFLX	A	-0.03%
HOLX	D	-0.03%
BAX	D	-0.03%
DIS	B	-0.03%
CRWD	B	-0.03%
GLOB	B	-0.03%
V	A	-0.03%
FNB	A	-0.03%
FTRE	D	-0.03%
OGN	D	-0.03%
NSA	D	-0.03%
HSY	F	-0.03%
INCY	C	-0.03%
JPM	A	-0.02%
RVTY	F	-0.02%
KNX	B	-0.02%
FSLR	F	-0.02%
INTC	D	-0.02%
HAL	C	-0.02%
C	A	-0.02%
SCCO	F	-0.02%
LVS	C	-0.02%
IPGP	D	-0.02%
CNH	C	-0.02%
BEN	C	-0.02%
WHR	B	-0.02%
OWL	A	-0.02%
GS	A	-0.02%
TDG	D	-0.02%
CSGP	D	-0.02%
WAT	B	-0.02%
PINC	B	-0.02%
DOC	D	-0.02%
PLD	D	-0.02%
TFX	F	-0.02%
MKC	D	-0.02%
LBRDK	C	-0.02%
THG	A	-0.02%
DXC	B	-0.02%
SAM	C	-0.02%
SWK	D	-0.02%
DOCU	A	-0.02%
EQIX	A	-0.02%
TRMB	B	-0.02%
AMED	F	-0.02%
MTCH	D	-0.02%
KMX	B	-0.02%
HUBS	A	-0.02%
CHRW	C	-0.02%
ALLY	C	-0.02%
MA	C	-0.02%
PB	A	-0.02%
BAC	A	-0.02%
CTLT	B	-0.01%
FMC	D	-0.01%
CGNX	C	-0.01%
AAL	B	-0.01%
SNOW	C	-0.01%
BMRN	D	-0.01%
SEB	F	-0.01%
HEI	B	-0.01%
TRIP	F	-0.01%
ORCL	B	-0.01%
ZI	D	-0.01%
CIVI	D	-0.01%
INFA	D	-0.01%
ON	D	-0.01%
OKTA	C	-0.01%
EL	F	-0.01%
REXR	F	-0.01%
BOKF	B	-0.01%
CNA	B	-0.01%
UAL	A	-0.01%
CLF	F	-0.01%
AGR	B	-0.01%
CEG	D	-0.01%
LLY	F	-0.01%
IAC	D	-0.01%
UBER	D	-0.01%
AMD	F	-0.01%
NU	C	-0.01%
SNDR	B	-0.01%
MOS	F	-0.01%
TTWO	A	-0.01%
ST	F	-0.01%
UHAL	D	-0.01%
WELL	A	-0.01%
DDOG	A	-0.01%
HEI	B	-0.01%
ALB	C	-0.01%
ADC	B	-0.01%
APTV	D	-0.01%
ZS	C	-0.01%
HSIC	B	-0.01%
ZBRA	B	-0.01%
PINS	D	-0.01%
DAY	B	-0.01%
O	D	-0.01%
UAA	C	-0.01%
FIVE	F	-0.01%
OXY	D	-0.01%
DV	C	-0.01%
FRPT	B	-0.01%
DXCM	D	-0.01%
AMT	D	-0.01%
ZM	B	-0.01%
ARE	D	-0.01%
PAG	B	-0.01%
LW	C	-0.01%
EMR	A	-0.01%
GXO	B	-0.01%
LITE	B	-0.01%
AVT	C	-0.0%
GFS	C	-0.0%
SMCI	F	-0.0%
AZTA	D	-0.0%
XYL	D	-0.0%
RH	B	-0.0%
HAYW	B	-0.0%
TTD	B	-0.0%
MGM	D	-0.0%