SMLF vs. DFVE ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to DoubleLine Fortune 500 Equal Weight ETF (DFVE)

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

DFVE

DoubleLine Fortune 500 Equal Weight ETF

DFVE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the underlying index, or derivatives transactions that provide investment exposure to the underlying index or securities that comprise the underlying index. The fund will concentrate its investments in securities of issuers in any one industry or group of industries to the extent that the underlying index reflects a concentration in that industry or group of industries.

Grade (RS Rating)

Last Trade

$30.21

Average Daily Volume

1,621

Number of Holdings ^*

454

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	DFVE
30 Days	10.53%	4.75%
60 Days	10.49%	5.52%
90 Days	11.95%	7.18%
12 Months	40.74%

78 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in DFVE	Overlap
AA	B	0.13%	0.26%	0.13%
ABG	B	0.15%	0.23%	0.15%
ACI	C	0.05%	0.2%	0.05%
ACM	A	0.19%	0.23%	0.19%
AGCO	D	0.2%	0.2%	0.2%
AIZ	A	0.17%	0.22%	0.17%
ALV	C	0.08%	0.21%	0.08%
AN	C	0.24%	0.19%	0.19%
APA	D	0.22%	0.15%	0.15%
ARW	D	0.18%	0.17%	0.17%
BBWI	D	0.2%	0.21%	0.2%
BECN	B	0.1%	0.24%	0.1%
BERY	B	0.1%	0.2%	0.1%
BJ	A	0.16%	0.23%	0.16%
CAR	C	0.09%	0.26%	0.09%
CASY	A	0.06%	0.24%	0.06%
CHWY	B	0.03%	0.23%	0.03%
CMC	B	0.14%	0.23%	0.14%
CVNA	B	0.46%	0.33%	0.33%
DAN	D	0.02%	0.16%	0.02%
DINO	D	0.01%	0.18%	0.01%
DKS	C	0.38%	0.17%	0.17%
EME	C	0.94%	0.27%	0.27%
FCNCA	A	0.27%	0.23%	0.23%
FL	F	0.03%	0.16%	0.03%
FLR	B	0.08%	0.21%	0.08%
GAP	C	0.23%	0.2%	0.2%
GNW	A	0.0%	0.22%	0.0%
GPI	A	0.22%	0.23%	0.22%
GPK	C	0.26%	0.2%	0.2%
HTZ	C	0.01%	0.24%	0.01%
IBKR	A	0.45%	0.29%	0.29%
JBL	B	0.55%	0.25%	0.25%
JEF	A	0.4%	0.26%	0.26%
KD	B	0.06%	0.25%	0.06%
KSS	F	0.08%	0.19%	0.08%
LUMN	C	0.2%	0.36%	0.2%
M	D	0.19%	0.2%	0.19%
MAN	D	0.04%	0.18%	0.04%
NOV	C	0.12%	0.19%	0.12%
NSIT	F	0.06%	0.15%	0.06%
NWL	B	0.02%	0.26%	0.02%
OC	A	0.18%	0.24%	0.18%
ODP	F	0.11%	0.17%	0.11%
OI	C	0.03%	0.21%	0.03%
OMI	F	0.04%	0.16%	0.04%
ORI	A	0.41%	0.22%	0.22%
OVV	B	0.25%	0.2%	0.2%
PARA	C	0.11%	0.22%	0.11%
PBF	D	0.02%	0.19%	0.02%
PII	D	0.01%	0.17%	0.01%
PVH	C	0.17%	0.22%	0.17%
QRTEA	F	0.02%	0.15%	0.02%
R	B	0.28%	0.24%	0.24%
RPM	A	0.22%	0.24%	0.22%
RS	B	0.49%	0.23%	0.23%
SAH	A	0.04%	0.22%	0.04%
SANM	B	0.22%	0.23%	0.22%
SATS	D	0.12%	0.24%	0.12%
SNEX	B	0.07%	0.24%	0.07%
THC	D	0.31%	0.21%	0.21%
THO	B	0.13%	0.21%	0.13%
TMHC	B	0.09%	0.22%	0.09%
TOL	B	0.16%	0.22%	0.16%
UFPI	B	0.23%	0.22%	0.22%
UGI	A	0.1%	0.2%	0.1%
UNFI	A	0.02%	0.29%	0.02%
UNM	A	0.0%	0.26%	0.0%
USFD	A	0.18%	0.23%	0.18%
VFC	C	0.08%	0.22%	0.08%
VOYA	B	0.17%	0.24%	0.17%
W	F	0.15%	0.19%	0.15%
WBA	F	0.05%	0.2%	0.05%
WCC	B	0.2%	0.26%	0.2%
WSM	B	0.42%	0.2%	0.2%
WSO	A	0.31%	0.24%	0.24%
X	C	0.1%	0.2%	0.1%
XPO	B	0.17%	0.27%	0.17%

SMLF Overweight 732 Positions Relative to DFVE

Symbol	Grade	Weight
APP	B	1.49%
EVR	B	0.81%
MSTR	C	0.73%
DECK	A	0.72%
AXON	A	0.66%
SFM	A	0.6%
ALSN	B	0.56%
NTNX	A	0.56%
BPOP	B	0.53%
MANH	D	0.5%
SLG	B	0.49%
MLI	C	0.49%
NVT	B	0.49%
IDA	A	0.46%
FIX	A	0.44%
DUOL	A	0.44%
COCO	B	0.43%
PCOR	B	0.42%
CSL	C	0.41%
COOP	B	0.41%
LPX	B	0.41%
IOT	A	0.41%
VNO	B	0.41%
HRB	D	0.4%
NTRA	B	0.4%
LBRDA	C	0.4%
GTLB	B	0.39%
EWBC	A	0.39%
POWL	C	0.38%
UTHR	C	0.38%
MEDP	D	0.38%
BRX	A	0.37%
AM	A	0.37%
WING	D	0.36%
CNM	D	0.36%
WFRD	D	0.35%
CR	A	0.35%
AYI	B	0.35%
PIPR	B	0.34%
CAVA	B	0.34%
WK	B	0.34%
LAMR	D	0.33%
JHG	A	0.31%
HSII	B	0.31%
ITT	A	0.31%
FLEX	A	0.31%
FR	C	0.31%
SOLV	C	0.31%
MAC	B	0.31%
DDS	B	0.31%
TPR	B	0.3%
ALKS	B	0.3%
SPXC	A	0.3%
CORT	B	0.3%
ANF	C	0.3%
CHE	D	0.3%
GGG	B	0.3%
EXE	B	0.29%
TTEK	F	0.29%
STRL	B	0.29%
PSTG	D	0.29%
PRI	A	0.28%
AGO	B	0.27%
INTA	A	0.27%
SN	D	0.27%
SMAR	A	0.26%
ESTC	C	0.26%
SIG	B	0.26%
AMH	D	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	C	0.24%
RMBS	C	0.24%
SKT	B	0.24%
HALO	F	0.24%
EXEL	B	0.24%
IMKTA	C	0.24%
ZION	B	0.24%
CW	B	0.23%
ENTG	D	0.23%
LSCC	D	0.23%
AMG	B	0.23%
YOU	D	0.23%
EXLS	B	0.23%
BCC	B	0.22%
WS	B	0.22%
COKE	C	0.22%
AXSM	B	0.22%
MATX	C	0.21%
RNR	C	0.21%
AR	B	0.21%
TOST	B	0.21%
BLD	D	0.21%
AZPN	A	0.21%
SRPT	D	0.2%
ETSY	D	0.2%
LIVN	F	0.2%
RDDT	B	0.2%
XRAY	F	0.2%
ELF	C	0.2%
ATKR	C	0.2%
RRX	B	0.2%
DTM	B	0.2%
DNLI	D	0.2%
HAE	C	0.2%
TPG	A	0.2%
TEX	D	0.19%
RNG	B	0.19%
SMG	D	0.19%
JOE	F	0.19%
CROX	D	0.19%
NAVI	C	0.19%
GH	B	0.19%
MUR	D	0.19%
HAS	D	0.19%
RRC	B	0.19%
HLI	B	0.18%
PRGS	A	0.18%
KNSL	B	0.18%
XRX	F	0.18%
TDOC	C	0.18%
NDSN	B	0.18%
VCYT	B	0.18%
ESAB	B	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%
ACLX	C	0.17%
TKR	D	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%
RHI	B	0.17%
EXTR	B	0.17%
PRKS	C	0.17%
JBSS	D	0.17%
SF	B	0.17%
KIM	A	0.16%
IVT	B	0.16%
SRCE	B	0.16%
ALLE	D	0.16%
BL	B	0.16%
BMI	B	0.16%
WTM	A	0.16%
SLM	A	0.16%
LRN	A	0.16%
CVCO	A	0.16%
GME	C	0.16%
TNL	A	0.16%
CNO	A	0.16%
AGNC	D	0.16%
FAF	A	0.16%
OMF	A	0.16%
PGRE	F	0.16%
KFRC	D	0.16%
GATX	A	0.15%
LBTYA	B	0.15%
GNRC	B	0.15%
SBGI	B	0.15%
HOG	D	0.15%
ONON	A	0.15%
XNCR	B	0.15%
GES	F	0.15%
RL	B	0.15%
ONTO	D	0.15%
VMI	B	0.15%
FTAI	B	0.15%
DOCS	C	0.15%
SPB	C	0.15%
CWEN	C	0.15%
SKY	A	0.15%
ESI	A	0.15%
AMR	C	0.14%
UMBF	B	0.14%
RGLD	C	0.14%
ATI	D	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%
BRKR	D	0.14%
NJR	A	0.14%
ENSG	D	0.14%
UA	C	0.14%
TTC	D	0.14%
YEXT	A	0.14%
PCTY	B	0.14%
SCI	B	0.14%
AY	B	0.14%
SPT	C	0.14%
SSD	D	0.14%
TPH	D	0.14%
BLKB	B	0.13%
VMEO	B	0.13%
BPMC	C	0.13%
IPAR	B	0.13%
NFG	A	0.13%
TNET	D	0.13%
ACCO	C	0.13%
OGS	A	0.13%
BRZE	C	0.13%
BWXT	B	0.13%
GOLF	B	0.13%
RYAN	B	0.13%
KAI	A	0.13%
BDN	C	0.13%
QLYS	C	0.13%
SFBS	B	0.13%
FYBR	D	0.13%
NUVL	D	0.13%
SR	A	0.12%
MAT	D	0.12%
INSP	D	0.12%
AROC	B	0.12%
AWR	B	0.12%
SAIA	B	0.12%
KBR	F	0.12%
GEO	B	0.12%
BASE	C	0.12%
ACLS	F	0.12%
NYT	C	0.12%
OGE	B	0.12%
GFF	A	0.12%
BKE	B	0.12%
WH	B	0.12%
KRC	C	0.12%
WEN	D	0.12%
AIT	A	0.12%
CBT	C	0.12%
BSY	D	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%
SSTK	F	0.11%
PTEN	C	0.11%
OII	B	0.11%
DFIN	D	0.11%
LOVE	B	0.11%
CUBE	D	0.11%
MFA	D	0.11%
ACAD	D	0.11%
HTH	B	0.11%
CRUS	D	0.11%
CARG	C	0.11%
SPSC	C	0.11%
BAND	B	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%
CHDN	B	0.1%
HP	B	0.1%
ACA	A	0.1%
DNOW	B	0.1%
EXPI	C	0.1%
PNFP	B	0.1%
IVZ	B	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	B	0.1%
LSTR	D	0.1%
NNN	D	0.1%
HUN	F	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%
WAL	B	0.1%
KLIC	B	0.1%
INSM	C	0.1%
WMS	D	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
EEFT	B	0.09%
VSH	D	0.09%
CXT	B	0.09%
MTSI	B	0.09%
WSC	D	0.09%
PHIN	A	0.09%
JACK	D	0.09%
MRC	B	0.09%
MTN	C	0.09%
PCVX	D	0.09%
HEES	B	0.09%
ATEN	B	0.09%
APG	B	0.09%
PBH	A	0.09%
HI	C	0.09%
LGND	B	0.09%
VERA	B	0.09%
LZ	D	0.09%
FLG	C	0.09%
IDCC	A	0.09%
PLNT	A	0.09%
EGP	F	0.09%
BC	C	0.09%
ALIT	C	0.09%
TGNA	B	0.09%
OHI	C	0.09%
INVA	D	0.09%
MTG	C	0.09%
COUR	F	0.09%
UPBD	B	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
OLN	D	0.09%
WEX	D	0.09%
CUBI	C	0.09%
SON	D	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%
RGEN	D	0.08%
PEGA	A	0.08%
OZK	B	0.08%
CAL	D	0.08%
ELAN	D	0.08%
MKSI	C	0.08%
SCS	C	0.08%
OSCR	D	0.08%
FHB	A	0.08%
PD	C	0.08%
YETI	C	0.08%
KN	B	0.08%
MASI	A	0.08%
GMS	B	0.08%
WOR	F	0.08%
CACC	D	0.08%
DLX	B	0.08%
BOX	B	0.08%
NSSC	D	0.08%
AGX	B	0.08%
CUZ	B	0.08%
CARS	B	0.08%
MIDD	C	0.08%
BDC	B	0.08%
CSWI	A	0.08%
CNMD	C	0.07%
AFRM	B	0.07%
UNIT	B	0.07%
CLH	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%
WYNN	D	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%
ASH	D	0.07%
KNF	A	0.07%
PLUS	F	0.07%
SM	B	0.07%
TXRH	C	0.07%
NARI	C	0.07%
CEIX	A	0.07%
NXST	C	0.07%
WNC	C	0.07%
NVST	B	0.06%
CC	C	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%
STWD	C	0.06%
MCY	A	0.06%
CTBI	B	0.06%
MPW	F	0.06%
BRBR	A	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%
SOFI	A	0.06%
FLO	D	0.06%
RDN	C	0.06%
WTTR	B	0.06%
IRTC	D	0.06%
RYN	D	0.06%
ADEA	D	0.06%
BCO	D	0.06%
SFL	D	0.06%
AIV	C	0.06%
ADMA	B	0.06%
APPF	B	0.06%
AZEK	A	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%
SNV	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%
EHC	B	0.05%
TILE	B	0.05%
BEAM	D	0.05%
SITE	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%
VNT	B	0.05%
THR	B	0.05%
WBS	A	0.05%
APLS	D	0.05%
LFUS	F	0.05%
ASAN	C	0.05%
PK	B	0.05%
MDXG	B	0.05%
WGO	C	0.05%
LECO	B	0.05%
CENTA	C	0.05%
ARWR	F	0.04%
FCN	D	0.04%
HPP	F	0.04%
STAG	F	0.04%
MDU	D	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%
PRGO	B	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%
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%
HLF	C	0.04%
ANGI	D	0.04%
IBP	D	0.04%
NHI	D	0.04%
ACHC	F	0.04%
HSTM	B	0.04%
MMS	F	0.04%
FHN	A	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%
AXTA	A	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%
VNDA	C	0.03%
RGNX	F	0.03%
EVTC	B	0.03%
VCEL	B	0.03%
NX	C	0.03%
EMBC	C	0.03%
DNB	B	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	D	0.03%
OFIX	B	0.03%
XHR	B	0.03%
CIEN	B	0.03%
VIRT	B	0.03%
QDEL	F	0.03%
REVG	B	0.03%
SNBR	F	0.03%
RYI	C	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%
RLI	B	0.03%
RKT	F	0.03%
UVE	B	0.03%
NRC	F	0.03%
OLED	D	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%
CACI	D	0.02%
SLVM	B	0.02%
OSIS	B	0.02%
MSM	C	0.02%
TSE	F	0.02%
KVYO	C	0.02%
ARCT	F	0.02%
OMER	A	0.02%
VSTS	C	0.02%
BRY	F	0.02%
DYN	F	0.02%
EVH	F	0.02%
PRO	C	0.02%
RAMP	C	0.02%
GPRO	F	0.02%
SAFE	D	0.02%
KFY	B	0.02%
MSA	D	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	B	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%
WTFC	A	0.02%
MTW	C	0.02%
DY	D	0.02%
DBI	F	0.02%
LMAT	A	0.02%
CLVT	F	0.02%
PR	B	0.02%
RLJ	C	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%
TDC	D	0.01%
XPRO	F	0.01%
MBC	D	0.01%
BIGC	C	0.01%
MLAB	D	0.01%
GO	C	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%
AXS	A	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%
GWRE	A	0.01%
RHP	B	0.01%
PYCR	C	0.01%
ASGN	F	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%
HXL	D	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%
SEE	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%
PFBC	B	0.0%
CASH	A	0.0%
TBBK	B	0.0%
FBP	B	0.0%
PRDO	B	0.0%
BKU	A	0.0%
CMA	A	0.0%
AX	A	0.0%
OFG	B	0.0%

SMLF Underweight 376 Positions Relative to DFVE

Symbol	Grade	Weight
UAL	A	-0.43%
VST	B	-0.35%
TSLA	B	-0.33%
DAL	C	-0.32%
ATUS	C	-0.3%
ALK	C	-0.3%
DASH	A	-0.29%
JBLU	F	-0.29%
YUMC	C	-0.29%
LPLA	A	-0.29%
AAL	B	-0.28%
BKNG	A	-0.28%
RJF	A	-0.28%
ORCL	B	-0.28%
MS	A	-0.27%
LYV	A	-0.27%
SYF	B	-0.27%
TRGP	B	-0.27%
CRM	B	-0.27%
FAST	B	-0.26%
ETR	B	-0.26%
LAD	A	-0.26%
NVDA	C	-0.26%
NOW	A	-0.26%
INTC	D	-0.26%
MTB	A	-0.26%
EMR	A	-0.26%
AMZN	C	-0.26%
KMI	A	-0.26%
MTZ	B	-0.26%
WBD	C	-0.26%
LULU	C	-0.26%
WFC	A	-0.26%
EXPE	B	-0.26%
AMP	A	-0.26%
DFS	B	-0.26%
COF	B	-0.26%
LVS	C	-0.26%
SQ	B	-0.26%
WAB	B	-0.25%
TAP	C	-0.25%
NTRS	A	-0.25%
PYPL	B	-0.25%
MNST	C	-0.25%
OKE	A	-0.25%
PWR	A	-0.25%
SCHW	B	-0.25%
BKR	B	-0.25%
DELL	C	-0.25%
GWW	B	-0.25%
GXO	B	-0.25%
WMB	A	-0.25%
PCAR	B	-0.25%
FI	A	-0.25%
LDOS	C	-0.25%
MAR	B	-0.25%
SAIC	F	-0.24%
LNG	B	-0.24%
BAC	A	-0.24%
DIS	B	-0.24%
BK	A	-0.24%
PKG	A	-0.24%
HLT	A	-0.24%
CHTR	C	-0.24%
CEG	D	-0.24%
HPE	B	-0.24%
URI	B	-0.24%
GM	B	-0.24%
GILD	C	-0.24%
GS	A	-0.24%
CPNG	D	-0.24%
PH	A	-0.24%
IP	B	-0.24%
ALB	C	-0.24%
CSCO	B	-0.24%
BMY	B	-0.24%
CMI	A	-0.24%
VMC	B	-0.24%
CBRE	B	-0.24%
HBAN	A	-0.24%
NFLX	A	-0.24%
STLD	B	-0.24%
CAT	B	-0.23%
GT	C	-0.23%
FIS	C	-0.23%
VTRS	A	-0.23%
ISRG	A	-0.23%
ORLY	B	-0.23%
BAH	F	-0.23%
JBHT	C	-0.23%
USB	A	-0.23%
LOW	D	-0.23%
EQIX	A	-0.23%
KNX	B	-0.23%
BSX	B	-0.23%
AXP	A	-0.23%
STT	A	-0.23%
WHR	B	-0.23%
AVGO	D	-0.23%
CINF	A	-0.23%
GOOGL	C	-0.23%
CMCSA	B	-0.23%
AEE	A	-0.23%
HD	A	-0.23%
DOV	A	-0.23%
C	A	-0.23%
FITB	A	-0.23%
CAH	B	-0.23%
LHX	C	-0.23%
NRG	B	-0.23%
XEL	A	-0.23%
RF	A	-0.23%
GLW	B	-0.23%
CNP	B	-0.23%
META	D	-0.23%
WMT	A	-0.23%
LUV	C	-0.23%
HON	B	-0.23%
CTAS	B	-0.23%
MCK	B	-0.23%
V	A	-0.23%
INGR	B	-0.23%
APD	A	-0.23%
INTU	C	-0.23%
T	A	-0.23%
ADP	B	-0.23%
KEY	B	-0.23%
MSI	B	-0.23%
PFGC	B	-0.23%
TRV	B	-0.23%
SRE	A	-0.23%
KR	B	-0.23%
ABNB	C	-0.23%
FOXA	B	-0.23%
PNC	B	-0.23%
EQH	B	-0.23%
RSG	A	-0.22%
GPN	B	-0.22%
COST	B	-0.22%
PRU	A	-0.22%
PGR	A	-0.22%
MU	D	-0.22%
OMC	C	-0.22%
CLX	B	-0.22%
CZR	F	-0.22%
WDAY	B	-0.22%
ALL	A	-0.22%
JLL	D	-0.22%
COR	B	-0.22%
UPS	C	-0.22%
JWN	C	-0.22%
GE	D	-0.22%
SBUX	A	-0.22%
WEC	A	-0.22%
EBAY	D	-0.22%
GD	F	-0.22%
RGA	A	-0.22%
TFC	A	-0.22%
IBM	C	-0.22%
PPL	B	-0.22%
SHW	A	-0.22%
CMG	B	-0.22%
OTIS	C	-0.22%
MET	A	-0.22%
NSC	B	-0.22%
LH	C	-0.22%
ROK	B	-0.22%
CTSH	B	-0.22%
CARR	D	-0.22%
CVX	A	-0.22%
WM	A	-0.22%
PFG	D	-0.22%
CSX	B	-0.22%
DXC	B	-0.22%
DRI	B	-0.22%
APH	A	-0.22%
CHRW	C	-0.22%
JPM	A	-0.22%
MA	C	-0.22%
SYK	C	-0.22%
ARMK	B	-0.22%
CFG	B	-0.22%
EA	A	-0.22%
BEN	C	-0.22%
AFG	A	-0.22%
PEG	A	-0.22%
ITW	B	-0.22%
LNC	B	-0.22%
PCG	A	-0.22%
EMN	D	-0.21%
VZ	C	-0.21%
MMC	B	-0.21%
AIG	B	-0.21%
GEHC	F	-0.21%
WDC	D	-0.21%
F	C	-0.21%
MAS	D	-0.21%
ECL	D	-0.21%
BRK.A	B	-0.21%
BALL	D	-0.21%
DD	D	-0.21%
CMS	C	-0.21%
SPGI	C	-0.21%
STZ	D	-0.21%
NOC	D	-0.21%
EXC	C	-0.21%
VRTX	F	-0.21%
AFL	B	-0.21%
TGT	F	-0.21%
D	C	-0.21%
ABM	B	-0.21%
K	A	-0.21%
MKL	A	-0.21%
CTVA	C	-0.21%
RTX	C	-0.21%
TSCO	D	-0.21%
NUE	C	-0.21%
WY	D	-0.21%
MGM	D	-0.21%
DE	A	-0.21%
HIG	B	-0.21%
WRB	A	-0.21%
L	A	-0.21%
PM	B	-0.21%
MUSA	A	-0.21%
SO	D	-0.21%
XOM	B	-0.21%
AJG	B	-0.21%
MSFT	F	-0.21%
DVA	B	-0.21%
BWA	D	-0.21%
OSK	B	-0.21%
FNF	B	-0.21%
UNH	C	-0.21%
ABT	B	-0.21%
MCD	D	-0.21%
DGX	A	-0.21%
EOG	A	-0.21%
BLDR	D	-0.21%
TJX	A	-0.21%
HES	B	-0.21%
CCK	C	-0.21%
MO	A	-0.21%
NWSA	B	-0.21%
ULTA	F	-0.21%
HPQ	B	-0.21%
SIRI	C	-0.2%
HRL	D	-0.2%
PAG	B	-0.2%
UNP	C	-0.2%
QCOM	F	-0.2%
ED	D	-0.2%
AMAT	F	-0.2%
FE	C	-0.2%
CVS	D	-0.2%
EIX	B	-0.2%
PSX	C	-0.2%
HSIC	B	-0.2%
DTE	C	-0.2%
PEP	F	-0.2%
DK	C	-0.2%
BDX	F	-0.2%
HAL	C	-0.2%
ZBH	C	-0.2%
PPG	F	-0.2%
AMD	F	-0.2%
HSY	F	-0.2%
AVT	C	-0.2%
AZO	C	-0.2%
ZTS	D	-0.2%
TXT	D	-0.2%
WKC	D	-0.2%
COP	C	-0.2%
SJM	D	-0.2%
ICE	C	-0.2%
EXPD	D	-0.2%
PHM	D	-0.2%
SNX	C	-0.2%
TXN	C	-0.2%
AAPL	C	-0.2%
PG	A	-0.2%
TSN	B	-0.2%
VLO	C	-0.2%
UBER	D	-0.2%
FDX	B	-0.2%
FCX	D	-0.2%
LMT	D	-0.2%
DUK	C	-0.2%
SYY	B	-0.2%
BURL	A	-0.2%
MMM	D	-0.2%
J	F	-0.2%
CPB	D	-0.19%
DHR	F	-0.19%
ON	D	-0.19%
IPG	D	-0.19%
XYL	D	-0.19%
MOS	F	-0.19%
AMGN	D	-0.19%
BBY	D	-0.19%
KMX	B	-0.19%
KHC	F	-0.19%
GIS	D	-0.19%
ES	D	-0.19%
NKE	D	-0.19%
MHK	D	-0.19%
LEN	D	-0.19%
FANG	D	-0.19%
AVY	D	-0.19%
CI	F	-0.19%
KMB	D	-0.19%
ADI	D	-0.19%
ROST	C	-0.19%
LKQ	D	-0.19%
NVR	D	-0.19%
ANDE	D	-0.19%
LRCX	F	-0.19%
MPC	D	-0.19%
KDP	D	-0.19%
PLD	D	-0.19%
PFE	D	-0.19%
JNJ	D	-0.19%
NEE	D	-0.19%
MDLZ	F	-0.19%
ADBE	C	-0.19%
AEP	D	-0.19%
ADM	D	-0.18%
BAX	D	-0.18%
LLY	F	-0.18%
ALLY	C	-0.18%
DHI	D	-0.18%
UHS	D	-0.18%
CL	D	-0.18%
DVN	F	-0.18%
GPC	D	-0.18%
IFF	D	-0.18%
ABBV	D	-0.18%
AMT	D	-0.18%
KO	D	-0.18%
AAP	C	-0.18%
MOH	F	-0.18%
TMO	F	-0.18%
WLK	D	-0.18%
CLF	F	-0.18%
DG	F	-0.18%
HCA	F	-0.18%
SKX	D	-0.18%
CAG	D	-0.18%
OXY	D	-0.18%
BA	F	-0.17%
KLAC	D	-0.17%
BIIB	F	-0.17%
MCHP	D	-0.17%
HUM	C	-0.17%
SEB	F	-0.17%
CDW	F	-0.17%
DOW	F	-0.17%
MRK	F	-0.17%
IQV	D	-0.17%
AMRK	F	-0.17%
SPTN	D	-0.17%
SWK	D	-0.17%
LEA	D	-0.17%
DLTR	F	-0.16%
NEM	D	-0.16%
AES	F	-0.16%
PARR	D	-0.16%
HII	D	-0.15%
CYH	F	-0.15%
ELV	F	-0.15%
CNC	D	-0.15%
REGN	F	-0.14%
EL	F	-0.14%
CE	F	-0.12%
CNXC	F	-0.11%
SMCI	F	-0.09%