SMLF vs. DTD ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to WisdomTree Total Dividend Fund (DTD)

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

DTD

WisdomTree Total Dividend Fund

DTD Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index. The fund invests at least 95% of its total assets (exclusive of collateral held from securities lending) in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The WisdomTree Dividend Index is a fundamentally-weighted index that defines the dividend-paying portion of the U.S. stock market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.89

Average Daily Volume

21,384

Number of Holdings ^*

811

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	DTD
30 Days	10.53%	3.20%
60 Days	10.49%	5.00%
90 Days	11.95%	6.93%
12 Months	40.74%	31.64%

267 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in DTD	Overlap
ACI	C	0.05%	0.04%	0.04%
ACM	A	0.19%	0.02%	0.02%
AEO	F	0.05%	0.01%	0.01%
AGCO	D	0.2%	0.01%	0.01%
AGM	C	0.1%	0.01%	0.01%
AIT	A	0.12%	0.04%	0.04%
AIZ	A	0.17%	0.03%	0.03%
ALSN	B	0.56%	0.03%	0.03%
AM	A	0.37%	0.06%	0.06%
AMH	D	0.25%	0.02%	0.02%
APA	D	0.22%	0.02%	0.02%
APOG	B	0.11%	0.02%	0.02%
AROC	B	0.12%	0.03%	0.03%
ASB	B	0.1%	0.04%	0.04%
ASH	D	0.07%	0.01%	0.01%
AVNT	B	0.18%	0.02%	0.02%
AWR	B	0.12%	0.03%	0.03%
BANF	B	0.14%	0.03%	0.03%
BBWI	D	0.2%	0.02%	0.02%
BC	C	0.09%	0.02%	0.02%
BCO	D	0.06%	0.01%	0.01%
BERY	B	0.1%	0.02%	0.02%
BFH	B	0.0%	0.02%	0.0%
BKE	B	0.12%	0.02%	0.02%
BKH	A	0.01%	0.04%	0.01%
BKU	A	0.0%	0.01%	0.0%
BLMN	F	0.05%	0.01%	0.01%
BMI	B	0.16%	0.01%	0.01%
BOH	B	0.0%	0.01%	0.0%
BPOP	B	0.53%	0.03%	0.03%
BRC	D	0.17%	0.02%	0.02%
BRKR	D	0.14%	0.01%	0.01%
BRX	A	0.37%	0.04%	0.04%
BSY	D	0.12%	0.01%	0.01%
BWXT	B	0.13%	0.03%	0.03%
BYD	C	0.01%	0.02%	0.01%
CAKE	C	0.01%	0.02%	0.01%
CASY	A	0.06%	0.02%	0.02%
CBSH	A	0.24%	0.02%	0.02%
CBT	C	0.12%	0.03%	0.03%
CC	C	0.06%	0.01%	0.01%
CFFN	B	0.04%	0.01%	0.01%
CFR	B	0.25%	0.04%	0.04%
CHCO	B	0.0%	0.01%	0.0%
CHDN	B	0.1%	0.01%	0.01%
CHE	D	0.3%	0.01%	0.01%
CHRD	D	0.03%	0.04%	0.03%
CHX	C	0.11%	0.01%	0.01%
CMA	A	0.0%	0.06%	0.0%
CMC	B	0.14%	0.02%	0.02%
CNO	A	0.16%	0.03%	0.03%
CNS	B	0.03%	0.03%	0.03%
COKE	C	0.22%	0.01%	0.01%
CRC	B	0.1%	0.02%	0.02%
CRS	A	0.09%	0.01%	0.01%
CSL	C	0.41%	0.04%	0.04%
CUBE	D	0.11%	0.06%	0.06%
CVBF	A	0.05%	0.02%	0.02%
CVI	F	0.03%	0.01%	0.01%
CWEN	C	0.15%	0.02%	0.02%
CWEN	C	0.15%	0.01%	0.01%
CXT	B	0.09%	0.01%	0.01%
DAN	D	0.02%	0.01%	0.01%
DCI	B	0.18%	0.03%	0.03%
DIN	C	0.04%	0.01%	0.01%
DINO	D	0.01%	0.03%	0.01%
DKS	C	0.38%	0.04%	0.04%
DLX	B	0.08%	0.01%	0.01%
DNB	B	0.03%	0.01%	0.01%
DTM	B	0.2%	0.05%	0.05%
EDR	A	0.02%	0.01%	0.01%
EGBN	B	0.0%	0.02%	0.0%
EGP	F	0.09%	0.01%	0.01%
EHC	B	0.05%	0.03%	0.03%
EME	C	0.94%	0.01%	0.01%
ENR	B	0.01%	0.01%	0.01%
ENS	D	0.04%	0.01%	0.01%
EPC	D	0.01%	0.01%	0.01%
EPR	D	0.02%	0.02%	0.02%
ESI	A	0.15%	0.02%	0.02%
EVR	B	0.81%	0.05%	0.05%
EWBC	A	0.39%	0.06%	0.06%
EXPO	D	0.09%	0.01%	0.01%
FAF	A	0.16%	0.03%	0.03%
FBP	B	0.0%	0.03%	0.0%
FCNCA	A	0.27%	0.03%	0.03%
FFIN	B	0.05%	0.01%	0.01%
FHB	A	0.08%	0.04%	0.04%
FIX	A	0.44%	0.01%	0.01%
FLO	D	0.06%	0.03%	0.03%
FR	C	0.31%	0.02%	0.02%
FULT	A	0.0%	0.02%	0.0%
GAP	C	0.23%	0.03%	0.03%
GATX	A	0.15%	0.01%	0.01%
GEF	A	0.01%	0.02%	0.01%
GES	F	0.15%	0.01%	0.01%
GGG	B	0.3%	0.02%	0.02%
GLPI	C	0.18%	0.06%	0.06%
GOLF	B	0.13%	0.01%	0.01%
GPK	C	0.26%	0.03%	0.03%
HEES	B	0.09%	0.01%	0.01%
HI	C	0.09%	0.01%	0.01%
HLI	B	0.18%	0.04%	0.04%
HNI	B	0.03%	0.02%	0.02%
HOG	D	0.15%	0.01%	0.01%
HP	B	0.1%	0.01%	0.01%
HRB	D	0.4%	0.05%	0.05%
HTH	B	0.11%	0.02%	0.02%
HUN	F	0.1%	0.02%	0.02%
HWC	B	0.08%	0.02%	0.02%
HXL	D	0.01%	0.01%	0.01%
IBKR	A	0.45%	0.02%	0.02%
IBOC	A	0.11%	0.02%	0.02%
IBP	D	0.04%	0.01%	0.01%
IDA	A	0.46%	0.02%	0.02%
IDCC	A	0.09%	0.02%	0.02%
IOSP	B	0.04%	0.02%	0.02%
IPAR	B	0.13%	0.02%	0.02%
ITT	A	0.31%	0.04%	0.04%
JBL	B	0.55%	0.02%	0.02%
JEF	A	0.4%	0.07%	0.07%
JXN	C	0.0%	0.06%	0.0%
KALU	C	0.01%	0.01%	0.01%
KBR	F	0.12%	0.01%	0.01%
KFY	B	0.02%	0.02%	0.02%
KIM	A	0.16%	0.05%	0.05%
KLG	C	0.04%	0.01%	0.01%
KNSL	B	0.18%	0.01%	0.01%
KRC	C	0.12%	0.01%	0.01%
KSS	F	0.08%	0.01%	0.01%
KW	B	0.1%	0.0%	0.0%
LAMR	D	0.33%	0.06%	0.06%
LANC	C	0.02%	0.02%	0.02%
LECO	B	0.05%	0.03%	0.03%
LFUS	F	0.05%	0.01%	0.01%
LPX	B	0.41%	0.02%	0.02%
LSTR	D	0.1%	0.02%	0.02%
LXP	D	0.07%	0.01%	0.01%
M	D	0.19%	0.02%	0.02%
MAC	B	0.31%	0.0%	0.0%
MAN	D	0.04%	0.01%	0.01%
MATX	C	0.21%	0.02%	0.02%
MC	C	0.0%	0.03%	0.0%
MCY	A	0.06%	0.02%	0.02%
MDU	D	0.04%	0.02%	0.02%
MKSI	C	0.08%	0.01%	0.01%
MLI	C	0.49%	0.04%	0.04%
MMS	F	0.04%	0.01%	0.01%
MSA	D	0.02%	0.01%	0.01%
MSM	C	0.02%	0.03%	0.02%
MTG	C	0.09%	0.04%	0.04%
MTN	C	0.09%	0.03%	0.03%
MUR	D	0.19%	0.02%	0.02%
NAVI	C	0.19%	0.01%	0.01%
NDSN	B	0.18%	0.02%	0.02%
NFG	A	0.13%	0.03%	0.03%
NJR	A	0.14%	0.02%	0.02%
NNN	D	0.1%	0.04%	0.04%
NOV	C	0.12%	0.01%	0.01%
NSP	D	0.11%	0.01%	0.01%
NUS	D	0.02%	0.0%	0.0%
NXST	C	0.07%	0.03%	0.03%
NYT	C	0.12%	0.02%	0.02%
OC	A	0.18%	0.04%	0.04%
OFG	B	0.0%	0.03%	0.0%
OGE	B	0.12%	0.06%	0.06%
OGS	A	0.13%	0.03%	0.03%
OLED	D	0.03%	0.01%	0.01%
OLN	D	0.09%	0.01%	0.01%
OMF	A	0.16%	0.05%	0.05%
ORI	A	0.41%	0.07%	0.07%
OTTR	C	0.06%	0.02%	0.02%
OVV	B	0.25%	0.04%	0.04%
OXM	D	0.06%	0.01%	0.01%
OZK	B	0.08%	0.03%	0.03%
PBF	D	0.02%	0.01%	0.01%
PCH	D	0.01%	0.01%	0.01%
PDCO	D	0.02%	0.01%	0.01%
PFBC	B	0.0%	0.01%	0.0%
PFSI	D	0.04%	0.01%	0.01%
PHIN	A	0.09%	0.01%	0.01%
PII	D	0.01%	0.02%	0.01%
PNFP	B	0.1%	0.01%	0.01%
POR	C	0.07%	0.03%	0.03%
POWI	D	0.01%	0.0%	0.0%
POWL	C	0.38%	0.01%	0.01%
PR	B	0.02%	0.02%	0.02%
PRDO	B	0.0%	0.01%	0.0%
PRGS	A	0.18%	0.02%	0.02%
PRI	A	0.28%	0.03%	0.03%
PTEN	C	0.11%	0.01%	0.01%
PZZA	D	0.05%	0.01%	0.01%
R	B	0.28%	0.03%	0.03%
RDN	C	0.06%	0.04%	0.04%
RGLD	C	0.14%	0.02%	0.02%
RHI	B	0.17%	0.02%	0.02%
RHP	B	0.01%	0.02%	0.01%
RL	B	0.15%	0.03%	0.03%
RLI	B	0.03%	0.01%	0.01%
RPM	A	0.22%	0.04%	0.04%
RRC	B	0.19%	0.02%	0.02%
RRX	B	0.2%	0.02%	0.02%
RS	B	0.49%	0.05%	0.05%
RUSHA	C	0.06%	0.03%	0.03%
SCI	B	0.14%	0.03%	0.03%
SCS	C	0.08%	0.01%	0.01%
SEE	C	0.0%	0.01%	0.0%
SF	B	0.17%	0.03%	0.03%
SFBS	B	0.13%	0.01%	0.01%
SKT	B	0.24%	0.01%	0.01%
SLG	B	0.49%	0.01%	0.01%
SLM	A	0.16%	0.02%	0.02%
SLVM	B	0.02%	0.01%	0.01%
SM	B	0.07%	0.01%	0.01%
SMG	D	0.19%	0.03%	0.03%
SNV	B	0.05%	0.04%	0.04%
SON	D	0.09%	0.03%	0.03%
SPB	C	0.15%	0.02%	0.02%
SR	A	0.12%	0.03%	0.03%
SRCE	B	0.16%	0.01%	0.01%
SSB	B	0.02%	0.02%	0.02%
SSD	D	0.14%	0.02%	0.02%
STAG	F	0.04%	0.02%	0.02%
SWX	B	0.01%	0.02%	0.01%
TDS	B	0.04%	0.02%	0.02%
TEX	D	0.19%	0.01%	0.01%
THO	B	0.13%	0.02%	0.02%
TKR	D	0.17%	0.02%	0.02%
TNL	A	0.16%	0.03%	0.03%
TOL	B	0.16%	0.01%	0.01%
TPG	A	0.2%	0.02%	0.02%
TPR	B	0.3%	0.06%	0.06%
TPX	B	0.24%	0.02%	0.02%
TRMK	B	0.0%	0.02%	0.0%
TRN	C	0.06%	0.02%	0.02%
TTC	D	0.14%	0.02%	0.02%
TTEK	F	0.29%	0.02%	0.02%
TXRH	C	0.07%	0.06%	0.06%
UFPI	B	0.23%	0.02%	0.02%
UGI	A	0.1%	0.03%	0.03%
UMBF	B	0.14%	0.02%	0.02%
UNM	A	0.0%	0.06%	0.0%
UPBD	B	0.09%	0.02%	0.02%
UTL	B	0.01%	0.01%	0.01%
UVV	B	0.06%	0.01%	0.01%
VAC	B	0.07%	0.02%	0.02%
VIRT	B	0.03%	0.02%	0.02%
VMI	B	0.15%	0.01%	0.01%
VOYA	B	0.17%	0.02%	0.02%
VSH	D	0.09%	0.01%	0.01%
WAFD	B	0.12%	0.02%	0.02%
WAL	B	0.1%	0.03%	0.03%
WBS	A	0.05%	0.05%	0.05%
WCC	B	0.2%	0.01%	0.01%
WD	D	0.02%	0.01%	0.01%
WEN	D	0.12%	0.03%	0.03%
WGO	C	0.05%	0.01%	0.01%
WH	B	0.12%	0.03%	0.03%
WMS	D	0.1%	0.01%	0.01%
WOR	F	0.08%	0.01%	0.01%
WSM	B	0.42%	0.05%	0.05%
WSO	A	0.31%	0.06%	0.06%
WTFC	A	0.02%	0.01%	0.01%
X	C	0.1%	0.01%	0.01%
XRAY	F	0.2%	0.01%	0.01%
XRX	F	0.18%	0.01%	0.01%
ZION	B	0.24%	0.04%	0.04%

SMLF Overweight 544 Positions Relative to DTD

Symbol	Grade	Weight
APP	B	1.49%
MSTR	C	0.73%
DECK	A	0.72%
AXON	A	0.66%
SFM	A	0.6%
NTNX	A	0.56%
MANH	D	0.5%
NVT	B	0.49%
CVNA	B	0.46%
DUOL	A	0.44%
COCO	B	0.43%
PCOR	B	0.42%
COOP	B	0.41%
IOT	A	0.41%
VNO	B	0.41%
NTRA	B	0.4%
LBRDA	C	0.4%
GTLB	B	0.39%
UTHR	C	0.38%
MEDP	D	0.38%
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%
JHG	A	0.31%
HSII	B	0.31%
FLEX	A	0.31%
SOLV	C	0.31%
DDS	B	0.31%
THC	D	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%
PSTG	D	0.29%
AGO	B	0.27%
INTA	A	0.27%
SN	D	0.27%
SMAR	A	0.26%
ESTC	C	0.26%
SIG	B	0.26%
MOD	A	0.25%
HURN	B	0.25%
CPRX	C	0.24%
TREX	C	0.24%
RMBS	C	0.24%
AN	C	0.24%
HALO	F	0.24%
EXEL	B	0.24%
IMKTA	C	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%
SANM	B	0.22%
GPI	A	0.22%
WS	B	0.22%
AXSM	B	0.22%
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%
ELF	C	0.2%
ATKR	C	0.2%
DNLI	D	0.2%
HAE	C	0.2%
LUMN	C	0.2%
RNG	B	0.19%
JOE	F	0.19%
CROX	D	0.19%
GH	B	0.19%
HAS	D	0.19%
ARW	D	0.18%
TDOC	C	0.18%
VCYT	B	0.18%
ESAB	B	0.18%
USFD	A	0.18%
HIW	D	0.18%
FROG	C	0.18%
MMYT	B	0.17%
PVH	C	0.17%
ACLX	C	0.17%
LNW	D	0.17%
LNTH	D	0.17%
PDM	D	0.17%
PRG	C	0.17%
KRG	B	0.17%
XPO	B	0.17%
EXTR	B	0.17%
PRKS	C	0.17%
JBSS	D	0.17%
IVT	B	0.16%
ALLE	D	0.16%
BL	B	0.16%
BJ	A	0.16%
WTM	A	0.16%
LRN	A	0.16%
CVCO	A	0.16%
GME	C	0.16%
AGNC	D	0.16%
PGRE	F	0.16%
KFRC	D	0.16%
LBTYA	B	0.15%
GNRC	B	0.15%
SBGI	B	0.15%
ONON	A	0.15%
XNCR	B	0.15%
ONTO	D	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%
ATI	D	0.14%
VSTO	A	0.14%
IGT	F	0.14%
MMSI	B	0.14%
NOVT	D	0.14%
IONS	F	0.14%
PI	D	0.14%
ENSG	D	0.14%
UA	C	0.14%
YEXT	A	0.14%
PCTY	B	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%
TNET	D	0.13%
ACCO	C	0.13%
BRZE	C	0.13%
RYAN	B	0.13%
KAI	A	0.13%
BDN	C	0.13%
QLYS	C	0.13%
FYBR	D	0.13%
NUVL	D	0.13%
AA	B	0.13%
MAT	D	0.12%
INSP	D	0.12%
SAIA	B	0.12%
GEO	B	0.12%
BASE	C	0.12%
SATS	D	0.12%
ACLS	F	0.12%
GFF	A	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%
PARA	C	0.11%
SSTK	F	0.11%
OII	B	0.11%
DFIN	D	0.11%
LOVE	B	0.11%
MFA	D	0.11%
ACAD	D	0.11%
CRUS	D	0.11%
CARG	C	0.11%
SPSC	C	0.11%
BAND	B	0.11%
ODP	F	0.11%
CXW	B	0.11%
MCB	B	0.11%
MDGL	B	0.11%
BCRX	D	0.11%
MTRN	C	0.1%
ACA	A	0.1%
DNOW	B	0.1%
BECN	B	0.1%
EXPI	C	0.1%
IVZ	B	0.1%
CRDO	B	0.1%
VECO	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%
KLIC	B	0.1%
INSM	C	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
EEFT	B	0.09%
MTSI	B	0.09%
WSC	D	0.09%
JACK	D	0.09%
MRC	B	0.09%
PCVX	D	0.09%
ATEN	B	0.09%
APG	B	0.09%
PBH	A	0.09%
LGND	B	0.09%
CAR	C	0.09%
VERA	B	0.09%
LZ	D	0.09%
FLG	C	0.09%
PLNT	A	0.09%
ALIT	C	0.09%
TGNA	B	0.09%
TMHC	B	0.09%
OHI	C	0.09%
INVA	D	0.09%
COUR	F	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
WEX	D	0.09%
CUBI	C	0.09%
VC	D	0.08%
FIVN	C	0.08%
TENB	C	0.08%
LILA	D	0.08%
OPCH	D	0.08%
CVLT	B	0.08%
VIR	D	0.08%
FLR	B	0.08%
RGEN	D	0.08%
PEGA	A	0.08%
CAL	D	0.08%
ELAN	D	0.08%
OSCR	D	0.08%
PD	C	0.08%
YETI	C	0.08%
KN	B	0.08%
MASI	A	0.08%
GMS	B	0.08%
CACC	D	0.08%
VFC	C	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%
ALV	C	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%
RIG	D	0.07%
AMPH	D	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%
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%
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%
STWD	C	0.06%
CTBI	B	0.06%
MPW	F	0.06%
BRBR	A	0.06%
ITCI	C	0.06%
VKTX	F	0.06%
FUN	C	0.06%
ASO	F	0.06%
LADR	B	0.06%
NSIT	F	0.06%
SOFI	A	0.06%
WTTR	B	0.06%
IRTC	D	0.06%
RYN	D	0.06%
ADEA	D	0.06%
SFL	D	0.06%
AIV	C	0.06%
ADMA	B	0.06%
APPF	B	0.06%
AZEK	A	0.06%
HE	C	0.06%
KD	B	0.06%
MED	F	0.06%
FOLD	F	0.05%
AVAV	D	0.05%
ITGR	B	0.05%
SONO	C	0.05%
ITRI	B	0.05%
LBTYK	A	0.05%
TILE	B	0.05%
BEAM	D	0.05%
SITE	D	0.05%
CERS	C	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%
APLS	D	0.05%
ASAN	C	0.05%
WBA	F	0.05%
PK	B	0.05%
MDXG	B	0.05%
CENTA	C	0.05%
ARWR	F	0.04%
FCN	D	0.04%
HPP	F	0.04%
DAWN	F	0.04%
CORZ	A	0.04%
KREF	D	0.04%
OUT	A	0.04%
PRGO	B	0.04%
LPG	F	0.04%
FLYW	C	0.04%
AGS	A	0.04%
IDT	B	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%
CELH	F	0.04%
AGYS	A	0.04%
ARRY	C	0.04%
ROKU	D	0.04%
BILL	A	0.04%
OMI	F	0.04%
HLF	C	0.04%
ANGI	D	0.04%
NHI	D	0.04%
ACHC	F	0.04%
HSTM	B	0.04%
FHN	A	0.04%
BCPC	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%
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%
CIEN	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%
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%
RKT	F	0.03%
UVE	B	0.03%
NRC	F	0.03%
OI	C	0.03%
BKD	D	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	0.02%
CACI	D	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%
VSTS	C	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%
JELD	F	0.02%
KRNY	B	0.02%
DOCN	D	0.02%
ALAB	B	0.02%
EVRI	A	0.02%
NWL	B	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%
CLVT	F	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%
AKRO	B	0.02%
PTCT	B	0.02%
GIII	D	0.02%
USNA	C	0.02%
ARCB	C	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%
SFIX	B	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%
WTI	F	0.01%
ZUO	B	0.01%
NWN	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%
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%
STGW	B	0.01%
OLPX	D	0.01%
BSIG	A	0.01%
GWRE	A	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%
NEXA	C	0.01%
UPWK	B	0.01%
NFBK	B	0.01%
SHO	C	0.01%
AEIS	B	0.01%
MAGN	F	0.0%
GDOT	D	0.0%
NBTB	B	0.0%
EIG	B	0.0%
DEI	B	0.0%
GNW	A	0.0%
CASH	A	0.0%
TBBK	B	0.0%
AX	A	0.0%

SMLF Underweight 544 Positions Relative to DTD

Symbol	Grade	Weight
JPM	A	-3.09%
AAPL	C	-3.03%
MSFT	F	-2.78%
XOM	B	-2.48%
AVGO	D	-2.39%
NVDA	C	-2.38%
ABBV	D	-1.97%
JNJ	D	-1.83%
HD	A	-1.78%
WMT	A	-1.61%
PG	A	-1.61%
CVX	A	-1.51%
KO	D	-1.4%
CSCO	B	-1.3%
UNH	C	-1.24%
BAC	A	-1.22%
IBM	C	-1.21%
PM	B	-1.16%
PEP	F	-1.12%
MS	A	-1.03%
META	D	-0.92%
WFC	A	-0.9%
CMCSA	B	-0.88%
GOOGL	C	-0.87%
MCD	D	-0.83%
MRK	F	-0.79%
TMUS	B	-0.76%
ORCL	B	-0.74%
MO	A	-0.7%
GS	A	-0.69%
V	A	-0.67%
TXN	C	-0.65%
LLY	F	-0.63%
C	A	-0.63%
GOOG	C	-0.57%
LOW	D	-0.57%
BMY	B	-0.57%
RTX	C	-0.56%
AMGN	D	-0.55%
HON	B	-0.53%
GILD	C	-0.47%
MA	C	-0.45%
LMT	D	-0.45%
CAT	B	-0.45%
COST	B	-0.44%
BLK	C	-0.43%
UPS	C	-0.43%
QCOM	F	-0.42%
ABT	B	-0.42%
USB	A	-0.42%
SO	D	-0.41%
EOG	A	-0.41%
SPG	B	-0.4%
DUK	C	-0.39%
PNC	B	-0.39%
BX	A	-0.39%
OKE	A	-0.38%
MDLZ	F	-0.37%
UNP	C	-0.37%
TJX	A	-0.35%
WMB	A	-0.35%
ADP	B	-0.34%
PLD	D	-0.33%
D	C	-0.32%
COP	C	-0.32%
AXP	A	-0.32%
ITW	B	-0.31%
SBUX	A	-0.31%
CL	D	-0.3%
BKNG	A	-0.3%
PCAR	B	-0.29%
AMT	D	-0.27%
PEG	A	-0.26%
AFL	B	-0.26%
KMB	D	-0.26%
TGT	F	-0.25%
PRU	A	-0.25%
CVS	D	-0.25%
PAYX	C	-0.25%
O	D	-0.25%
PSA	D	-0.25%
VICI	C	-0.25%
CRM	B	-0.25%
MMC	B	-0.25%
AEP	D	-0.24%
WM	A	-0.24%
SYK	C	-0.24%
SCHW	B	-0.23%
BK	A	-0.23%
XEL	A	-0.22%
ETR	B	-0.22%
MET	A	-0.22%
MPC	D	-0.22%
CCI	D	-0.22%
FIS	C	-0.21%
KHC	F	-0.21%
CI	F	-0.21%
ICE	C	-0.21%
ADI	D	-0.21%
PH	A	-0.2%
PSX	C	-0.2%
GD	F	-0.2%
APO	B	-0.2%
SRE	A	-0.2%
FAST	B	-0.19%
CME	A	-0.19%
WELL	A	-0.19%
ED	D	-0.19%
APD	A	-0.19%
DOW	F	-0.19%
KVUE	A	-0.19%
EMR	A	-0.19%
VST	B	-0.18%
DE	A	-0.18%
VLO	C	-0.17%
GLW	B	-0.17%
CMI	A	-0.17%
DIS	B	-0.17%
INTU	C	-0.17%
SYY	B	-0.17%
DLR	B	-0.17%
FITB	A	-0.16%
MTB	A	-0.16%
NSC	B	-0.16%
FDX	B	-0.16%
GIS	D	-0.16%
AVB	B	-0.16%
GE	D	-0.16%
KR	B	-0.16%
COF	B	-0.16%
EQIX	A	-0.16%
SPGI	C	-0.16%
TMO	F	-0.16%
EXR	D	-0.15%
HPQ	B	-0.15%
TRV	B	-0.15%
MAR	B	-0.15%
EXC	C	-0.15%
EIX	B	-0.15%
APH	A	-0.15%
CTAS	B	-0.15%
RF	A	-0.15%
ALL	A	-0.15%
MSI	B	-0.15%
NOC	D	-0.14%
AMAT	F	-0.14%
KDP	D	-0.14%
NKE	D	-0.14%
AMP	A	-0.14%
DHR	F	-0.14%
SHW	A	-0.13%
ECL	D	-0.13%
PGR	A	-0.13%
TROW	B	-0.13%
STT	A	-0.13%
DFS	B	-0.13%
HBAN	A	-0.13%
KKR	A	-0.13%
HIG	B	-0.13%
K	A	-0.13%
ELV	F	-0.13%
AIG	B	-0.13%
BDX	F	-0.12%
LRCX	F	-0.12%
ZTS	D	-0.12%
AEE	A	-0.12%
BKR	B	-0.12%
LHX	C	-0.12%
HCA	F	-0.11%
CSX	B	-0.11%
BBY	D	-0.11%
MCO	B	-0.11%
GM	B	-0.11%
TRGP	B	-0.11%
PKG	A	-0.11%
WEC	A	-0.11%
ES	D	-0.11%
STZ	D	-0.11%
YUM	B	-0.11%
FE	C	-0.11%
DRI	B	-0.11%
IRM	D	-0.11%
CARR	D	-0.1%
PPL	B	-0.1%
CRBG	B	-0.1%
KLAC	D	-0.1%
ATO	A	-0.1%
GWW	B	-0.1%
IP	B	-0.1%
RSG	A	-0.1%
ARES	A	-0.1%
OTIS	C	-0.1%
EQR	B	-0.1%
DD	D	-0.09%
PFG	D	-0.09%
VTRS	A	-0.09%
SYF	B	-0.09%
DTE	C	-0.09%
EBAY	D	-0.09%
FANG	D	-0.09%
NTRS	A	-0.09%
PNW	B	-0.08%
ADM	D	-0.08%
MCK	B	-0.08%
HSY	F	-0.08%
TSCO	D	-0.08%
URI	B	-0.08%
CG	A	-0.08%
CINF	A	-0.08%
TSN	B	-0.08%
HPE	B	-0.08%
CEG	D	-0.08%
VTR	C	-0.08%
LVS	C	-0.08%
CTSH	B	-0.08%
MU	D	-0.08%
PPG	F	-0.08%
OMC	C	-0.08%
LNG	B	-0.08%
SNA	A	-0.08%
NTAP	C	-0.08%
EVRG	A	-0.08%
HRL	D	-0.07%
CAG	D	-0.07%
CMS	C	-0.07%
CAH	B	-0.07%
NDAQ	A	-0.07%
WRB	A	-0.07%
AJG	B	-0.07%
OXY	D	-0.07%
BR	A	-0.07%
COR	B	-0.07%
NRG	B	-0.07%
ARE	D	-0.07%
EQT	B	-0.07%
MCHP	D	-0.07%
FNF	B	-0.07%
CLX	B	-0.07%
GPC	D	-0.06%
ESS	B	-0.06%
IPG	D	-0.06%
DOV	A	-0.06%
MKC	D	-0.06%
HLT	A	-0.06%
AWK	D	-0.06%
WPC	D	-0.06%
BEN	C	-0.06%
LUV	C	-0.06%
RJF	A	-0.06%
ROST	C	-0.06%
LNT	A	-0.06%
RGA	A	-0.06%
MAA	B	-0.06%
NI	A	-0.06%
LEN	D	-0.06%
DHI	D	-0.06%
HES	B	-0.06%
ROK	B	-0.06%
DELL	C	-0.06%
INVH	D	-0.05%
LNC	B	-0.05%
SJM	D	-0.05%
AME	A	-0.05%
UDR	B	-0.05%
LII	A	-0.05%
JNPR	F	-0.05%
INGR	B	-0.05%
GEN	B	-0.05%
ALLY	C	-0.05%
VMC	B	-0.05%
CBOE	B	-0.05%
IR	B	-0.05%
HUBB	B	-0.05%
PHM	D	-0.05%
HAL	C	-0.05%
DAL	C	-0.05%
CPB	D	-0.05%
FOX	A	-0.05%
SWK	D	-0.05%
EMN	D	-0.05%
MAS	D	-0.05%
ROP	B	-0.05%
CNA	B	-0.05%
OWL	A	-0.05%
EQH	B	-0.05%
NUE	C	-0.05%
UI	A	-0.05%
CNP	B	-0.05%
MSCI	C	-0.05%
MRO	B	-0.04%
HST	C	-0.04%
VLY	B	-0.04%
VRSK	A	-0.04%
ERIE	D	-0.04%
WAB	B	-0.04%
PCG	A	-0.04%
CIVI	D	-0.04%
SWKS	F	-0.04%
BRO	B	-0.04%
CF	B	-0.04%
EA	A	-0.04%
CHRW	C	-0.04%
FRT	B	-0.04%
TPL	A	-0.04%
BAH	F	-0.04%
TAP	C	-0.04%
NWE	B	-0.04%
XYL	D	-0.04%
HWM	A	-0.04%
CHD	B	-0.04%
ROL	B	-0.04%
ODFL	B	-0.04%
DGX	A	-0.04%
FNB	A	-0.04%
PWR	A	-0.04%
SW	A	-0.04%
LDOS	C	-0.04%
MLM	B	-0.04%
WY	D	-0.04%
RMD	C	-0.04%
STLD	B	-0.04%
LPLA	A	-0.03%
KTB	B	-0.03%
QCRH	A	-0.03%
WLK	D	-0.03%
KBH	D	-0.03%
ATR	B	-0.03%
FTV	C	-0.03%
SASR	B	-0.03%
PNM	F	-0.03%
CPT	B	-0.03%
MPWR	F	-0.03%
BOKF	B	-0.03%
SAIC	F	-0.03%
NWSA	B	-0.03%
ACT	D	-0.03%
TMP	B	-0.03%
CATY	B	-0.03%
AUB	B	-0.03%
AVY	D	-0.03%
ALE	A	-0.03%
HLNE	B	-0.03%
WST	C	-0.03%
JWN	C	-0.03%
DPZ	C	-0.03%
OGN	D	-0.03%
WSBC	A	-0.03%
EFX	F	-0.03%
VCTR	B	-0.03%
WU	D	-0.03%
PATK	D	-0.03%
HUM	C	-0.03%
COLB	A	-0.03%
CCOI	B	-0.03%
SUI	D	-0.03%
LKQ	D	-0.03%
FLS	B	-0.03%
AFG	A	-0.03%
SFNC	B	-0.03%
GEHC	F	-0.03%
WTRG	B	-0.03%
BALL	D	-0.03%
FIBK	A	-0.03%
HOMB	A	-0.03%
PB	A	-0.03%
TFSL	A	-0.03%
VRT	B	-0.03%
A	D	-0.03%
HEI	B	-0.03%
GPN	B	-0.03%
SIRI	C	-0.03%
AVA	A	-0.03%
LH	C	-0.03%
PFS	B	-0.03%
PAG	B	-0.03%
EXPD	D	-0.03%
CDW	F	-0.03%
SSNC	B	-0.03%
BANR	B	-0.03%
KMPR	B	-0.02%
THG	A	-0.02%
ZWS	B	-0.02%
HTLF	B	-0.02%
FRME	B	-0.02%
CRI	D	-0.02%
BANC	A	-0.02%
STEP	B	-0.02%
UVSP	B	-0.02%
MGEE	C	-0.02%
BNL	D	-0.02%
RNST	B	-0.02%
TKO	B	-0.02%
WHD	B	-0.02%
ARMK	B	-0.02%
SEM	B	-0.02%
SYBT	B	-0.02%
MRTN	C	-0.02%
NSA	D	-0.02%
IBTX	B	-0.02%
CCS	D	-0.02%
SEIC	B	-0.02%
AL	B	-0.02%
WSFS	A	-0.02%
GNTX	C	-0.02%
BWA	D	-0.02%
NEU	C	-0.02%
MOS	F	-0.02%
STC	B	-0.02%
LAD	A	-0.02%
WWD	B	-0.02%
FCPT	C	-0.02%
MGY	A	-0.02%
TXT	D	-0.02%
ADTN	A	-0.02%
OSK	B	-0.02%
LW	C	-0.02%
UBSI	B	-0.02%
UHS	D	-0.02%
NBHC	B	-0.02%
PINC	B	-0.02%
FCF	A	-0.02%
SBRA	C	-0.02%
LCII	C	-0.02%
EXP	A	-0.02%
VRTS	B	-0.02%
PEBO	A	-0.02%
MWA	B	-0.02%
BRKL	B	-0.02%
FFBC	A	-0.02%
OCFC	B	-0.02%
KMT	B	-0.02%
FBIN	D	-0.02%
ELS	C	-0.02%
CE	F	-0.02%
HAFC	A	-0.02%
GTY	B	-0.02%
KNTK	B	-0.02%
JKHY	D	-0.02%
TW	A	-0.02%
HRI	B	-0.02%
JBHT	C	-0.02%
BUSE	B	-0.02%
STBA	B	-0.02%
CBU	B	-0.02%
ZBH	C	-0.02%
SBAC	D	-0.02%
FDS	B	-0.02%
TRST	A	-0.02%
J	F	-0.02%
REYN	D	-0.02%
HII	D	-0.02%
CADE	B	-0.02%
ONB	B	-0.02%
ALB	C	-0.02%
GBCI	B	-0.02%
NOG	A	-0.02%
AOS	F	-0.02%
POOL	C	-0.02%
FBMS	B	-0.02%
IEX	B	-0.02%
AVT	C	-0.02%
AWI	A	-0.02%
REG	B	-0.02%
IIPR	D	-0.01%
CNXC	F	-0.01%
DK	C	-0.01%
AESI	B	-0.01%
IRDM	D	-0.01%
LZB	B	-0.01%
COLD	D	-0.01%
WMG	C	-0.01%
DLB	B	-0.01%
MLKN	D	-0.01%
CABO	C	-0.01%
SCL	C	-0.01%
WINA	B	-0.01%
MUSA	A	-0.01%
LEVI	F	-0.01%
LBRT	D	-0.01%
PBI	B	-0.01%
GBX	A	-0.01%
MCRI	A	-0.01%
AMKR	D	-0.01%
ORA	B	-0.01%
GL	B	-0.01%
CHH	A	-0.01%
WKC	D	-0.01%
KRO	D	-0.01%
GRNT	B	-0.01%
RGP	F	-0.01%
COLM	B	-0.01%
SLGN	A	-0.01%
RRR	D	-0.01%
SEB	F	-0.01%
JJSF	B	-0.01%
PTVE	B	-0.01%
BTU	B	-0.01%
SAFT	C	-0.01%
LEG	F	-0.01%
MKTX	D	-0.01%
UTZ	D	-0.01%
MTDR	B	-0.01%
UCB	A	-0.01%
AZZ	B	-0.01%
BHE	B	-0.01%
MORN	B	-0.01%
AAON	B	-0.01%
HMN	B	-0.01%
SIGI	C	-0.01%
WERN	C	-0.01%
CRGY	B	-0.01%
AMSF	B	-0.01%
TECH	D	-0.01%
KWR	C	-0.01%
SSBK	B	-0.01%
WMK	C	-0.01%
FG	B	-0.01%
CPK	A	-0.01%
L	A	-0.01%
STRA	C	-0.01%
ABM	B	-0.01%
WDFC	B	-0.01%
WWW	B	-0.01%
ADC	B	-0.01%
EBC	B	-0.01%
SNDR	B	-0.01%
LEA	D	-0.01%
SXT	B	-0.01%
PRK	B	-0.01%
SHOO	D	-0.01%
VLTO	D	-0.01%
JBT	B	-0.01%
TER	D	-0.01%
SNX	C	-0.01%
MSBI	B	-0.01%
CCK	C	-0.01%
PAYC	B	-0.01%
NWS	B	-0.0%
GTN	F	-0.0%
RELL	B	-0.0%
NFE	D	-0.0%
UWMC	D	-0.0%
CWH	B	-0.0%
BGS	F	-0.0%