SMLF vs. GVUS ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS)

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

$73.10

Average Daily Volume

70,611

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

GVUS

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

GVUS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization value segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$50.44

Average Daily Volume

35,490

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	GVUS
30 Days	7.55%	2.39%
60 Days	8.72%	4.06%
90 Days	9.84%	5.58%
12 Months	38.08%

248 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in GVUS	Overlap
AA	A	0.13%	0.04%	0.04%
ACHC	F	0.04%	0.01%	0.01%
ACI	C	0.05%	0.03%	0.03%
ACM	B	0.19%	0.06%	0.06%
AFRM	A	0.07%	0.05%	0.05%
AGCO	D	0.2%	0.02%	0.02%
AGNC	C	0.16%	0.03%	0.03%
AGO	B	0.27%	0.02%	0.02%
AIZ	A	0.17%	0.04%	0.04%
ALGM	D	0.01%	0.01%	0.01%
ALLE	C	0.16%	0.05%	0.05%
ALSN	B	0.56%	0.04%	0.04%
AM	A	0.37%	0.01%	0.01%
AMG	B	0.23%	0.02%	0.02%
AMH	C	0.25%	0.05%	0.05%
AN	C	0.24%	0.02%	0.02%
APA	D	0.22%	0.03%	0.03%
APG	B	0.09%	0.03%	0.03%
AR	B	0.21%	0.03%	0.03%
ARW	D	0.18%	0.02%	0.02%
ASH	F	0.07%	0.01%	0.01%
ATI	C	0.14%	0.03%	0.03%
AXS	A	0.01%	0.03%	0.01%
AXTA	B	0.03%	0.03%	0.03%
AYI	B	0.35%	0.04%	0.04%
AZEK	A	0.06%	0.01%	0.01%
BBWI	C	0.2%	0.03%	0.03%
BC	C	0.09%	0.02%	0.02%
BERY	C	0.1%	0.03%	0.03%
BILL	A	0.04%	0.03%	0.03%
BJ	A	0.16%	0.04%	0.04%
BLD	D	0.21%	0.04%	0.04%
BPOP	C	0.53%	0.02%	0.02%
BRBR	A	0.06%	0.04%	0.04%
BRKR	D	0.14%	0.01%	0.01%
BRX	A	0.37%	0.03%	0.03%
BWXT	B	0.13%	0.04%	0.04%
BYD	B	0.01%	0.02%	0.01%
CACC	D	0.08%	0.0%	0.0%
CACI	D	0.02%	0.04%	0.02%
CAR	C	0.09%	0.0%	0.0%
CASY	A	0.06%	0.05%	0.05%
CBSH	B	0.24%	0.03%	0.03%
CC	C	0.06%	0.01%	0.01%
CFR	B	0.25%	0.03%	0.03%
CHE	D	0.3%	0.03%	0.03%
CHRD	D	0.03%	0.03%	0.03%
CIEN	C	0.03%	0.04%	0.03%
CLH	C	0.07%	0.05%	0.05%
CLVT	D	0.02%	0.01%	0.01%
CMA	B	0.0%	0.04%	0.0%
CNM	D	0.36%	0.01%	0.01%
COKE	C	0.22%	0.03%	0.03%
COTY	F	0.06%	0.01%	0.01%
CR	A	0.35%	0.03%	0.03%
CROX	D	0.19%	0.02%	0.02%
CRUS	D	0.11%	0.02%	0.02%
CSL	C	0.41%	0.07%	0.07%
CUBE	C	0.11%	0.04%	0.04%
CUZ	B	0.08%	0.02%	0.02%
CVNA	B	0.46%	0.06%	0.06%
CW	C	0.23%	0.05%	0.05%
CWEN	C	0.15%	0.01%	0.01%
CWEN	C	0.15%	0.0%	0.0%
CXT	C	0.09%	0.01%	0.01%
DCI	B	0.18%	0.04%	0.04%
DDS	B	0.31%	0.01%	0.01%
DINO	D	0.01%	0.03%	0.01%
DKS	D	0.38%	0.04%	0.04%
DNB	B	0.03%	0.01%	0.01%
DOCS	C	0.15%	0.02%	0.02%
DTM	A	0.2%	0.04%	0.04%
EEFT	B	0.09%	0.02%	0.02%
EGP	D	0.09%	0.03%	0.03%
EHC	B	0.05%	0.04%	0.04%
ELAN	D	0.08%	0.03%	0.03%
EME	A	0.94%	0.05%	0.05%
EPR	C	0.02%	0.01%	0.01%
ESAB	C	0.18%	0.03%	0.03%
ESI	B	0.15%	0.02%	0.02%
ETSY	D	0.2%	0.01%	0.01%
EVR	B	0.81%	0.04%	0.04%
EWBC	A	0.39%	0.06%	0.06%
EXEL	B	0.24%	0.01%	0.01%
FAF	A	0.16%	0.03%	0.03%
FCN	F	0.04%	0.03%	0.03%
FCNCA	A	0.27%	0.1%	0.1%
FHB	B	0.08%	0.01%	0.01%
FHN	A	0.04%	0.04%	0.04%
FLO	D	0.06%	0.02%	0.02%
FR	D	0.31%	0.03%	0.03%
FYBR	C	0.13%	0.03%	0.03%
GAP	C	0.23%	0.02%	0.02%
GGG	B	0.3%	0.06%	0.06%
GLPI	C	0.18%	0.05%	0.05%
GME	C	0.16%	0.04%	0.04%
GMED	A	0.03%	0.04%	0.03%
GNRC	C	0.15%	0.02%	0.02%
GO	C	0.01%	0.01%	0.01%
GPK	C	0.26%	0.03%	0.03%
GWRE	A	0.01%	0.03%	0.01%
HAS	D	0.19%	0.0%	0.0%
HIW	C	0.18%	0.01%	0.01%
HLI	A	0.18%	0.03%	0.03%
HOG	D	0.15%	0.02%	0.02%
HRB	D	0.4%	0.03%	0.03%
HUN	F	0.1%	0.01%	0.01%
HXL	F	0.01%	0.02%	0.01%
IBKR	A	0.45%	0.07%	0.07%
IDA	A	0.46%	0.02%	0.02%
IONS	F	0.14%	0.0%	0.0%
ITT	A	0.31%	0.05%	0.05%
IVZ	B	0.1%	0.03%	0.03%
JBL	C	0.55%	0.05%	0.05%
JEF	A	0.4%	0.04%	0.04%
JHG	B	0.31%	0.02%	0.02%
KBR	F	0.12%	0.03%	0.03%
KD	B	0.06%	0.02%	0.02%
KIM	A	0.16%	0.06%	0.06%
KRC	B	0.12%	0.02%	0.02%
KSS	F	0.08%	0.01%	0.01%
LAMR	C	0.33%	0.03%	0.03%
LBRDA	C	0.4%	0.0%	0.0%
LECO	C	0.05%	0.03%	0.03%
LFUS	D	0.05%	0.02%	0.02%
LPX	B	0.41%	0.01%	0.01%
LSCC	D	0.23%	0.0%	0.0%
LSTR	D	0.1%	0.03%	0.03%
LYFT	C	0.1%	0.01%	0.01%
M	F	0.19%	0.02%	0.02%
MAN	F	0.04%	0.01%	0.01%
MASI	B	0.08%	0.01%	0.01%
MAT	D	0.12%	0.02%	0.02%
MDU	D	0.04%	0.01%	0.01%
MIDD	C	0.08%	0.03%	0.03%
MKSI	C	0.08%	0.03%	0.03%
MPW	F	0.06%	0.01%	0.01%
MSA	F	0.02%	0.02%	0.02%
MSM	C	0.02%	0.01%	0.01%
MSTR	B	0.73%	0.19%	0.19%
MTG	C	0.09%	0.03%	0.03%
MTN	C	0.09%	0.0%	0.0%
MTSI	B	0.09%	0.03%	0.03%
NDSN	B	0.18%	0.06%	0.06%
NFG	A	0.13%	0.02%	0.02%
NNN	C	0.1%	0.03%	0.03%
NOV	C	0.12%	0.02%	0.02%
NTNX	B	0.56%	0.05%	0.05%
NVST	B	0.06%	0.01%	0.01%
NVT	B	0.49%	0.05%	0.05%
NWL	C	0.02%	0.02%	0.02%
NXST	C	0.07%	0.01%	0.01%
NYT	D	0.12%	0.03%	0.03%
OC	A	0.18%	0.07%	0.07%
OGE	A	0.12%	0.03%	0.03%
OHI	C	0.09%	0.04%	0.04%
OLED	F	0.03%	0.01%	0.01%
OLN	F	0.09%	0.02%	0.02%
OMF	A	0.16%	0.02%	0.02%
ONTO	F	0.15%	0.02%	0.02%
ORI	A	0.41%	0.04%	0.04%
OVV	B	0.25%	0.05%	0.05%
OZK	B	0.08%	0.02%	0.02%
PARA	C	0.11%	0.02%	0.02%
PATH	C	0.05%	0.0%	0.0%
PII	F	0.01%	0.01%	0.01%
PK	C	0.05%	0.01%	0.01%
PLNT	A	0.09%	0.01%	0.01%
PNFP	B	0.1%	0.04%	0.04%
PR	B	0.02%	0.03%	0.02%
PRGO	C	0.04%	0.01%	0.01%
PRI	B	0.28%	0.04%	0.04%
PSTG	D	0.29%	0.01%	0.01%
PVH	C	0.17%	0.02%	0.02%
PYCR	B	0.01%	0.0%	0.0%
R	B	0.28%	0.03%	0.03%
RGEN	D	0.08%	0.02%	0.02%
RGLD	C	0.14%	0.04%	0.04%
RHI	C	0.17%	0.03%	0.03%
RKT	F	0.03%	0.01%	0.01%
RL	C	0.15%	0.03%	0.03%
RLI	A	0.03%	0.03%	0.03%
RNR	C	0.21%	0.05%	0.05%
ROIV	C	0.01%	0.02%	0.01%
ROKU	D	0.04%	0.03%	0.03%
RPM	A	0.22%	0.05%	0.05%
RRC	B	0.19%	0.03%	0.03%
RRX	B	0.2%	0.04%	0.04%
RS	B	0.49%	0.07%	0.07%
RYN	D	0.06%	0.02%	0.02%
S	B	0.06%	0.02%	0.02%
SAIA	B	0.12%	0.02%	0.02%
SCI	B	0.14%	0.05%	0.05%
SEE	C	0.0%	0.02%	0.0%
SF	B	0.17%	0.04%	0.04%
SITE	F	0.05%	0.02%	0.02%
SLM	A	0.16%	0.02%	0.02%
SMG	C	0.19%	0.01%	0.01%
SN	D	0.27%	0.02%	0.02%
SNV	C	0.05%	0.03%	0.03%
SOFI	B	0.06%	0.05%	0.05%
SOLV	D	0.31%	0.04%	0.04%
SON	F	0.09%	0.02%	0.02%
SPB	C	0.15%	0.01%	0.01%
SSD	F	0.14%	0.03%	0.03%
STAG	D	0.04%	0.03%	0.03%
STWD	C	0.06%	0.02%	0.02%
THC	D	0.31%	0.06%	0.06%
THO	B	0.13%	0.02%	0.02%
TKR	D	0.17%	0.02%	0.02%
TNL	A	0.16%	0.01%	0.01%
TOL	B	0.16%	0.06%	0.06%
TPG	A	0.2%	0.02%	0.02%
TPR	B	0.3%	0.05%	0.05%
TTC	C	0.14%	0.03%	0.03%
TTEK	F	0.29%	0.03%	0.03%
UA	C	0.14%	0.01%	0.01%
UGI	C	0.1%	0.02%	0.02%
UNM	A	0.0%	0.05%	0.0%
USFD	A	0.18%	0.06%	0.06%
UTHR	C	0.38%	0.06%	0.06%
VAC	C	0.07%	0.01%	0.01%
VFC	C	0.08%	0.03%	0.03%
VIRT	A	0.03%	0.01%	0.01%
VMI	B	0.15%	0.03%	0.03%
VNO	C	0.41%	0.03%	0.03%
VNT	C	0.05%	0.02%	0.02%
VOYA	B	0.17%	0.03%	0.03%
VSTS	C	0.02%	0.01%	0.01%
W	D	0.15%	0.01%	0.01%
WAL	B	0.1%	0.04%	0.04%
WBA	F	0.05%	0.02%	0.02%
WBS	A	0.05%	0.04%	0.04%
WCC	B	0.2%	0.04%	0.04%
WEN	D	0.12%	0.01%	0.01%
WEX	D	0.09%	0.03%	0.03%
WH	B	0.12%	0.03%	0.03%
WMS	F	0.1%	0.02%	0.02%
WSC	F	0.09%	0.02%	0.02%
WSM	C	0.42%	0.03%	0.03%
WSO	A	0.31%	0.07%	0.07%
WTFC	A	0.02%	0.03%	0.02%
WTM	A	0.16%	0.02%	0.02%
WYNN	C	0.07%	0.03%	0.03%
X	B	0.1%	0.03%	0.03%
XRAY	F	0.2%	0.01%	0.01%
YETI	D	0.08%	0.01%	0.01%
ZION	B	0.24%	0.03%	0.03%

SMLF Overweight 563 Positions Relative to GVUS

Symbol	Grade	Weight
APP	B	1.49%
DECK	A	0.72%
AXON	A	0.66%
SFM	A	0.6%
MANH	D	0.5%
SLG	B	0.49%
MLI	B	0.49%
FIX	A	0.44%
DUOL	A	0.44%
COCO	A	0.43%
PCOR	B	0.42%
COOP	B	0.41%
IOT	A	0.41%
NTRA	A	0.4%
GTLB	B	0.39%
POWL	C	0.38%
MEDP	D	0.38%
WING	D	0.36%
WFRD	D	0.35%
PIPR	A	0.34%
CAVA	B	0.34%
WK	B	0.34%
HSII	B	0.31%
FLEX	B	0.31%
MAC	B	0.31%
ALKS	C	0.3%
SPXC	A	0.3%
CORT	B	0.3%
ANF	F	0.3%
EXE	A	0.29%
STRL	A	0.29%
INTA	B	0.27%
SMAR	B	0.26%
ESTC	C	0.26%
SIG	B	0.26%
MOD	A	0.25%
HURN	C	0.25%
TPX	B	0.24%
CPRX	C	0.24%
TREX	C	0.24%
RMBS	B	0.24%
SKT	A	0.24%
HALO	F	0.24%
IMKTA	C	0.24%
ENTG	D	0.23%
YOU	D	0.23%
UFPI	C	0.23%
EXLS	B	0.23%
BCC	B	0.22%
SANM	B	0.22%
GPI	B	0.22%
WS	C	0.22%
AXSM	B	0.22%
MATX	C	0.21%
TOST	B	0.21%
AZPN	A	0.21%
SRPT	F	0.2%
LIVN	F	0.2%
RDDT	A	0.2%
ELF	C	0.2%
ATKR	D	0.2%
DNLI	D	0.2%
HAE	C	0.2%
LUMN	C	0.2%
TEX	F	0.19%
RNG	C	0.19%
JOE	F	0.19%
NAVI	F	0.19%
GH	B	0.19%
MUR	D	0.19%
PRGS	A	0.18%
KNSL	B	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	F	0.17%
BRC	D	0.17%
LNTH	D	0.17%
PDM	D	0.17%
PRG	C	0.17%
KRG	B	0.17%
XPO	B	0.17%
EXTR	C	0.17%
PRKS	B	0.17%
JBSS	F	0.17%
IVT	A	0.16%
SRCE	B	0.16%
BL	B	0.16%
BMI	B	0.16%
LRN	A	0.16%
CVCO	A	0.16%
CNO	B	0.16%
PGRE	F	0.16%
KFRC	D	0.16%
GATX	A	0.15%
LBTYA	F	0.15%
SBGI	B	0.15%
ONON	A	0.15%
XNCR	B	0.15%
GES	F	0.15%
FTAI	A	0.15%
ABG	C	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	A	0.14%
NOVT	D	0.14%
PI	D	0.14%
CMC	B	0.14%
NJR	A	0.14%
ENSG	C	0.14%
YEXT	B	0.14%
PCTY	C	0.14%
AY	A	0.14%
SPT	C	0.14%
TPH	D	0.14%
BLKB	B	0.13%
VMEO	B	0.13%
BPMC	B	0.13%
IPAR	B	0.13%
TNET	F	0.13%
ACCO	C	0.13%
OGS	A	0.13%
BRZE	C	0.13%
GOLF	B	0.13%
RYAN	A	0.13%
KAI	B	0.13%
BDN	C	0.13%
QLYS	B	0.13%
SFBS	C	0.13%
NUVL	C	0.13%
SR	A	0.12%
INSP	D	0.12%
AROC	A	0.12%
AWR	B	0.12%
GEO	B	0.12%
BASE	B	0.12%
SATS	D	0.12%
ACLS	F	0.12%
GFF	A	0.12%
BKE	B	0.12%
AIT	B	0.12%
CBT	D	0.12%
BSY	F	0.12%
WAFD	B	0.12%
WTS	B	0.12%
NTCT	C	0.11%
FHI	B	0.11%
CYTK	F	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	B	0.11%
SSTK	F	0.11%
PTEN	C	0.11%
OII	B	0.11%
DFIN	D	0.11%
LOVE	A	0.11%
MFA	D	0.11%
ACAD	C	0.11%
HTH	C	0.11%
CARG	B	0.11%
SPSC	D	0.11%
BAND	B	0.11%
ODP	F	0.11%
CHX	C	0.11%
APOG	C	0.11%
CXW	C	0.11%
MCB	B	0.11%
MDGL	B	0.11%
NSP	F	0.11%
BCRX	D	0.11%
KW	C	0.1%
MTRN	C	0.1%
ASB	B	0.1%
CHDN	B	0.1%
HP	C	0.1%
ACA	A	0.1%
DNOW	B	0.1%
BECN	B	0.1%
EXPI	D	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	A	0.1%
ICFI	F	0.1%
HOV	D	0.1%
SYNA	C	0.1%
ALX	D	0.1%
CMPR	D	0.1%
AGM	B	0.1%
KLIC	B	0.1%
INSM	C	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
VSH	F	0.09%
PHIN	A	0.09%
JACK	C	0.09%
MRC	B	0.09%
PCVX	D	0.09%
HEES	C	0.09%
ATEN	A	0.09%
PBH	A	0.09%
HI	C	0.09%
LGND	C	0.09%
VERA	C	0.09%
LZ	C	0.09%
FLG	D	0.09%
IDCC	B	0.09%
ALIT	C	0.09%
TGNA	B	0.09%
TMHC	C	0.09%
INVA	D	0.09%
COUR	F	0.09%
UPBD	B	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
CUBI	B	0.09%
CRS	B	0.09%
EXPO	D	0.09%
VC	F	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	B	0.08%
CAL	F	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%
CARS	C	0.08%
BDC	C	0.08%
ALV	C	0.08%
CSWI	B	0.08%
CNMD	C	0.07%
UNIT	B	0.07%
EQC	B	0.07%
DH	F	0.07%
HASI	D	0.07%
AMRX	C	0.07%
PEN	B	0.07%
EYPT	D	0.07%
MATV	D	0.07%
RIG	D	0.07%
AMPH	F	0.07%
LXP	D	0.07%
POR	C	0.07%
AMPL	B	0.07%
FLNC	D	0.07%
WLY	B	0.07%
NBR	C	0.07%
EPAC	C	0.07%
NTB	B	0.07%
GKOS	B	0.07%
DOMO	B	0.07%
GCO	C	0.07%
KNF	B	0.07%
PLUS	F	0.07%
SM	B	0.07%
TXRH	B	0.07%
SNEX	B	0.07%
NARI	C	0.07%
CEIX	A	0.07%
WNC	C	0.07%
AVXL	B	0.06%
YELP	C	0.06%
OXM	F	0.06%
AVDX	B	0.06%
GPMT	C	0.06%
FN	C	0.06%
TNC	D	0.06%
NXT	C	0.06%
ILPT	F	0.06%
HWKN	B	0.06%
AMCX	C	0.06%
HCC	B	0.06%
CNX	A	0.06%
TRN	B	0.06%
MCY	A	0.06%
CTBI	B	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%
RDN	D	0.06%
WTTR	A	0.06%
IRTC	C	0.06%
ADEA	C	0.06%
BCO	F	0.06%
SFL	D	0.06%
AIV	C	0.06%
ADMA	B	0.06%
APPF	B	0.06%
OTTR	C	0.06%
HE	C	0.06%
UVV	B	0.06%
MED	D	0.06%
FOLD	F	0.05%
AVAV	C	0.05%
ITGR	B	0.05%
FFIN	B	0.05%
CVBF	A	0.05%
SONO	C	0.05%
PZZA	F	0.05%
ITRI	C	0.05%
LBTYK	A	0.05%
TILE	B	0.05%
BEAM	D	0.05%
CERS	D	0.05%
AEO	F	0.05%
BLMN	F	0.05%
AMBC	C	0.05%
HOUS	F	0.05%
MERC	F	0.05%
KOS	D	0.05%
TARS	C	0.05%
SMTC	B	0.05%
ZIP	D	0.05%
THR	B	0.05%
APLS	F	0.05%
ASAN	B	0.05%
MDXG	B	0.05%
WGO	C	0.05%
CENTA	C	0.05%
ARWR	D	0.04%
HPP	F	0.04%
DAWN	D	0.04%
CORZ	B	0.04%
PFSI	C	0.04%
KREF	C	0.04%
OUT	A	0.04%
DIN	C	0.04%
LPG	F	0.04%
FLYW	B	0.04%
AGS	A	0.04%
IDT	B	0.04%
ENS	F	0.04%
SANA	F	0.04%
TPB	B	0.04%
SAH	C	0.04%
ANAB	F	0.04%
NATL	B	0.04%
HELE	C	0.04%
RVMD	C	0.04%
KLG	B	0.04%
CELH	F	0.04%
AGYS	A	0.04%
ARRY	F	0.04%
CFFN	C	0.04%
OMI	F	0.04%
HLF	C	0.04%
ANGI	F	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	C	0.04%
RCUS	F	0.04%
JANX	C	0.03%
SWIM	C	0.03%
ALHC	C	0.03%
VIAV	C	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	D	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	C	0.03%
XHR	B	0.03%
QDEL	F	0.03%
REVG	C	0.03%
SNBR	F	0.03%
RYI	C	0.03%
CHWY	B	0.03%
IESC	C	0.03%
UDMY	D	0.03%
ARCH	B	0.03%
SLAB	F	0.03%
BRSP	C	0.03%
CDP	C	0.03%
MGNI	B	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	C	0.03%
RPD	B	0.03%
SPRY	C	0.03%
ATRC	C	0.03%
CNS	B	0.03%
UVE	B	0.03%
NRC	F	0.03%
OI	C	0.03%
BKD	F	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	A	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	B	0.02%
QRTEA	F	0.02%
GPRO	F	0.02%
SAFE	F	0.02%
KFY	B	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	C	0.02%
DAN	D	0.02%
DOCN	C	0.02%
ALAB	B	0.02%
EVRI	A	0.02%
NUS	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%
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	F	0.02%
CNDT	C	0.02%
OPEN	F	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	F	0.02%
CALX	D	0.02%
CWK	C	0.01%
VAL	F	0.01%
PGEN	F	0.01%
AIN	C	0.01%
ARR	D	0.01%
PEB	D	0.01%
JAMF	F	0.01%
PCH	F	0.01%
EPC	F	0.01%
SFIX	B	0.01%
POWI	F	0.01%
FLWS	D	0.01%
TDC	D	0.01%
XPRO	D	0.01%
MBC	F	0.01%
BIGC	B	0.01%
MLAB	F	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	C	0.01%
SWI	C	0.01%
MITK	C	0.01%
NTLA	F	0.01%
VRE	B	0.01%
TR	B	0.01%
TTGT	B	0.01%
SWX	B	0.01%
HCAT	D	0.01%
OIS	B	0.01%
RBRK	A	0.01%
NGVT	B	0.01%
HQY	A	0.01%
ENVA	B	0.01%
HMST	F	0.01%
CAKE	C	0.01%
STGW	A	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GEF	A	0.01%
RHP	B	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%
NEXA	B	0.01%
UPWK	B	0.01%
NFBK	C	0.01%
SHO	D	0.01%
AEIS	C	0.01%
MAGN	D	0.0%
BFH	C	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	C	0.0%
GNW	A	0.0%
PFBC	B	0.0%
CASH	B	0.0%
TBBK	B	0.0%
FBP	C	0.0%
PRDO	B	0.0%
BKU	A	0.0%
AX	B	0.0%
OFG	B	0.0%

SMLF Underweight 588 Positions Relative to GVUS

Symbol	Grade	Weight
BRK.A	B	-3.35%
JPM	A	-2.73%
XOM	B	-2.08%
UNH	B	-1.98%
JNJ	C	-1.44%
WMT	A	-1.42%
BAC	A	-1.23%
PG	C	-1.21%
CVX	A	-1.08%
WFC	A	-1.01%
CSCO	B	-0.91%
ACN	B	-0.86%
LIN	C	-0.84%
DIS	B	-0.82%
PM	B	-0.78%
ABT	B	-0.78%
MCD	D	-0.77%
TMO	F	-0.76%
IBM	C	-0.73%
VZ	C	-0.68%
ABBV	F	-0.65%
CMCSA	B	-0.64%
TXN	C	-0.63%
CAT	B	-0.63%
T	A	-0.63%
NEE	C	-0.61%
SPGI	C	-0.61%
RTX	D	-0.61%
LOW	C	-0.6%
BLK	B	-0.6%
GE	D	-0.59%
DHR	F	-0.58%
MS	A	-0.57%
ETN	A	-0.56%
PFE	F	-0.55%
GS	A	-0.53%
COP	C	-0.51%
C	A	-0.51%
BSX	A	-0.5%
HON	C	-0.49%
CB	C	-0.45%
MDT	D	-0.44%
TMUS	B	-0.44%
BMY	B	-0.44%
GILD	C	-0.43%
SCHW	B	-0.42%
PLD	F	-0.41%
MU	D	-0.41%
ADI	D	-0.4%
KO	D	-0.4%
INTC	C	-0.4%
SYK	B	-0.39%
DE	B	-0.39%
AXP	A	-0.39%
UPS	C	-0.38%
MMC	B	-0.37%
MO	A	-0.37%
SO	C	-0.37%
PH	A	-0.35%
GEV	B	-0.35%
MDLZ	F	-0.34%
DUK	C	-0.34%
PYPL	B	-0.34%
ICE	C	-0.34%
CME	B	-0.32%
CI	D	-0.32%
WELL	A	-0.32%
HD	B	-0.32%
FI	A	-0.32%
PNC	B	-0.32%
GD	D	-0.31%
ELV	F	-0.31%
EQIX	A	-0.31%
BA	F	-0.31%
EOG	A	-0.3%
USB	A	-0.3%
LMT	D	-0.3%
AMD	F	-0.29%
AON	A	-0.29%
UNP	C	-0.29%
KKR	A	-0.28%
EMR	B	-0.28%
REGN	F	-0.28%
CSX	C	-0.27%
WMB	A	-0.27%
MRVL	B	-0.27%
COF	C	-0.27%
TGT	F	-0.27%
APD	A	-0.27%
FDX	B	-0.26%
CVS	D	-0.26%
NOC	D	-0.26%
GM	C	-0.25%
MAR	A	-0.25%
OKE	A	-0.25%
BDX	F	-0.25%
TT	A	-0.24%
FCX	F	-0.24%
SLB	C	-0.24%
AFL	B	-0.24%
TFC	A	-0.24%
CARR	C	-0.24%
DLR	B	-0.23%
MMM	D	-0.23%
SRE	A	-0.23%
ROP	B	-0.23%
NSC	B	-0.23%
AJG	A	-0.23%
CEG	C	-0.23%
TRV	B	-0.23%
VRTX	D	-0.23%
MPC	D	-0.22%
TJX	A	-0.22%
JCI	B	-0.22%
BK	A	-0.22%
PCAR	B	-0.22%
KMI	A	-0.21%
TDG	D	-0.21%
PSX	C	-0.21%
AEP	C	-0.2%
DHI	F	-0.19%
D	C	-0.19%
O	C	-0.19%
HCA	F	-0.19%
MET	A	-0.19%
AIG	B	-0.19%
FIS	C	-0.19%
CMI	A	-0.19%
ITW	B	-0.19%
PCG	A	-0.18%
CCI	C	-0.18%
KVUE	A	-0.18%
PRU	A	-0.18%
PEP	F	-0.18%
CRM	B	-0.18%
LHX	C	-0.18%
NEM	D	-0.18%
RSG	A	-0.17%
HWM	A	-0.17%
BKR	A	-0.17%
EA	A	-0.17%
F	C	-0.17%
SPG	A	-0.17%
URI	C	-0.17%
ALL	A	-0.17%
DFS	B	-0.17%
PEG	A	-0.17%
PSA	C	-0.17%
AME	A	-0.17%
MCK	A	-0.17%
VLO	C	-0.17%
CBRE	B	-0.16%
OTIS	C	-0.16%
LEN	D	-0.16%
DAL	B	-0.16%
IR	B	-0.16%
MSI	B	-0.16%
STZ	D	-0.15%
CTSH	B	-0.15%
KR	B	-0.15%
CTVA	C	-0.15%
XEL	A	-0.15%
EXC	C	-0.15%
APH	A	-0.14%
GIS	D	-0.14%
NKE	F	-0.14%
NUE	C	-0.14%
KDP	F	-0.14%
ROST	D	-0.14%
GLW	B	-0.14%
MTB	A	-0.14%
RCL	A	-0.14%
ACGL	C	-0.14%
CHTR	C	-0.14%
A	D	-0.14%
NDAQ	A	-0.13%
AVB	B	-0.13%
PWR	A	-0.13%
GEHC	D	-0.13%
EW	C	-0.13%
VICI	C	-0.13%
FANG	C	-0.13%
HUM	C	-0.13%
MCHP	F	-0.13%
OXY	D	-0.13%
ED	C	-0.13%
AMGN	F	-0.13%
MLM	C	-0.13%
DD	C	-0.13%
CL	D	-0.13%
WAB	B	-0.13%
EXR	C	-0.13%
HIG	B	-0.13%
HLT	A	-0.12%
ROK	C	-0.12%
TTWO	A	-0.12%
UAL	A	-0.12%
DELL	B	-0.12%
CNC	D	-0.12%
RJF	A	-0.12%
IQV	F	-0.12%
WEC	A	-0.12%
DOW	F	-0.12%
EBAY	D	-0.12%
ETR	B	-0.12%
GRMN	B	-0.12%
EIX	B	-0.12%
FITB	B	-0.12%
WTW	B	-0.12%
SQ	A	-0.11%
HPQ	B	-0.11%
HPE	B	-0.11%
VMC	B	-0.11%
DOV	A	-0.11%
KHC	F	-0.11%
EQR	C	-0.11%
ON	D	-0.11%
PPG	F	-0.11%
STT	B	-0.11%
CSGP	D	-0.11%
ANSS	B	-0.11%
XYL	D	-0.11%
PAYX	B	-0.11%
GPN	B	-0.11%
RMD	C	-0.1%
DTE	C	-0.1%
MTD	F	-0.1%
PPL	A	-0.1%
SBUX	A	-0.1%
ADM	D	-0.1%
NVR	D	-0.1%
HBAN	A	-0.1%
SYF	B	-0.1%
VTR	B	-0.1%
KEYS	A	-0.1%
TROW	B	-0.1%
AWK	C	-0.1%
HAL	C	-0.1%
FTV	C	-0.1%
PHM	D	-0.1%
KMB	C	-0.1%
CHD	A	-0.1%
SW	A	-0.1%
IFF	D	-0.09%
WBD	B	-0.09%
WY	F	-0.09%
ZBH	C	-0.09%
YUM	D	-0.09%
CINF	A	-0.09%
PGR	A	-0.09%
BIIB	F	-0.09%
HUBB	B	-0.09%
EQT	B	-0.09%
SBAC	D	-0.09%
FE	C	-0.09%
LNG	A	-0.09%
RF	A	-0.09%
DVN	F	-0.09%
CCL	A	-0.09%
AEE	A	-0.09%
EFX	F	-0.09%
MSCI	C	-0.08%
ESS	B	-0.08%
LUV	C	-0.08%
CNP	A	-0.08%
LH	B	-0.08%
PFG	D	-0.08%
BBY	D	-0.08%
IP	A	-0.08%
CMS	C	-0.08%
FSLR	F	-0.08%
WDC	D	-0.08%
INVH	D	-0.08%
STLD	B	-0.08%
PKG	A	-0.08%
K	A	-0.08%
CBOE	C	-0.08%
ZM	C	-0.08%
CFG	B	-0.08%
HSY	F	-0.08%
NTRS	A	-0.08%
HOOD	B	-0.08%
APO	B	-0.08%
LYB	F	-0.08%
ILMN	C	-0.08%
TDY	B	-0.08%
LDOS	C	-0.08%
STE	D	-0.08%
ES	C	-0.08%
ATO	A	-0.08%
RBA	A	-0.07%
GPC	D	-0.07%
TRMB	B	-0.07%
MAS	D	-0.07%
IEX	C	-0.07%
J	D	-0.07%
PNR	A	-0.07%
TRU	D	-0.07%
WRB	A	-0.07%
KEY	B	-0.07%
DGX	A	-0.07%
TSN	B	-0.07%
HOLX	D	-0.07%
ARE	F	-0.07%
MAA	B	-0.07%
SNA	A	-0.07%
MKC	C	-0.07%
BALL	F	-0.07%
OMC	C	-0.07%
CTRA	B	-0.07%
BLDR	D	-0.07%
SYY	D	-0.06%
EVRG	A	-0.06%
EXPD	C	-0.06%
VRSN	C	-0.06%
IRM	C	-0.06%
HES	B	-0.06%
APTV	F	-0.06%
UDR	B	-0.06%
JBHT	C	-0.06%
AMCR	C	-0.06%
DOC	C	-0.06%
BRO	B	-0.06%
MKL	A	-0.06%
L	A	-0.06%
RGA	A	-0.06%
VTRS	A	-0.06%
ZBRA	B	-0.06%
SUI	C	-0.06%
LNT	A	-0.06%
SSNC	B	-0.06%
FNF	B	-0.06%
TXT	D	-0.06%
CF	A	-0.06%
MRO	B	-0.06%
GEN	B	-0.06%
BAX	F	-0.06%
NI	A	-0.06%
DG	F	-0.06%
Z	A	-0.05%
UHS	D	-0.05%
JNPR	D	-0.05%
CAH	B	-0.05%
CDW	F	-0.05%
FDS	B	-0.05%
EMN	C	-0.05%
MRNA	F	-0.05%
BMRN	F	-0.05%
FTI	A	-0.05%
ALB	B	-0.05%
HST	C	-0.05%
WPC	C	-0.05%
EPAM	B	-0.05%
CPT	B	-0.05%
BXP	C	-0.05%
JKHY	D	-0.05%
CHRW	B	-0.05%
CAG	F	-0.05%
BG	D	-0.05%
COHR	B	-0.05%
SWK	D	-0.05%
AKAM	D	-0.05%
ELS	C	-0.05%
DLTR	F	-0.05%
NTAP	C	-0.05%
EG	C	-0.05%
SWKS	F	-0.05%
RVTY	F	-0.05%
TWLO	A	-0.05%
REG	A	-0.05%
FFIV	B	-0.05%
VLTO	C	-0.05%
ZTS	D	-0.05%
AVTR	F	-0.05%
TFX	F	-0.04%
TW	A	-0.04%
QGEN	D	-0.04%
REXR	F	-0.04%
FBIN	D	-0.04%
ADP	A	-0.04%
FRT	B	-0.04%
INGR	C	-0.04%
DRI	B	-0.04%
EL	F	-0.04%
CNH	C	-0.04%
GL	C	-0.04%
DOX	D	-0.04%
MKTX	D	-0.04%
WTRG	B	-0.04%
COIN	C	-0.04%
DPZ	C	-0.04%
CRL	D	-0.04%
AVY	F	-0.04%
DAY	B	-0.04%
AES	F	-0.04%
ARMK	B	-0.04%
LAD	A	-0.04%
AFG	A	-0.04%
RPRX	D	-0.04%
WWD	C	-0.04%
LKQ	F	-0.04%
IPG	D	-0.04%
BKNG	A	-0.04%
PNW	A	-0.04%
FOXA	A	-0.04%
TECH	F	-0.04%
CCK	D	-0.04%
CTLT	C	-0.04%
PFGC	B	-0.04%
NWSA	A	-0.04%
FTNT	C	-0.04%
TAP	C	-0.04%
SJM	D	-0.04%
CG	B	-0.04%
ATR	B	-0.04%
QCOM	F	-0.04%
NRG	B	-0.04%
INCY	C	-0.04%
AMAT	F	-0.04%
KMX	B	-0.04%
COLB	B	-0.03%
CGNX	D	-0.03%
ALGN	D	-0.03%
GWW	B	-0.03%
ALK	B	-0.03%
DAR	C	-0.03%
FMC	D	-0.03%
FND	D	-0.03%
GXO	B	-0.03%
GNTX	C	-0.03%
OSK	C	-0.03%
FAST	B	-0.03%
LBRDK	C	-0.03%
LW	C	-0.03%
PB	B	-0.03%
JAZZ	B	-0.03%
MNST	C	-0.03%
KEX	B	-0.03%
DASH	B	-0.03%
MHK	D	-0.03%
SKX	D	-0.03%
ADC	A	-0.03%
HII	F	-0.03%
G	B	-0.03%
CRBG	B	-0.03%
FLS	B	-0.03%
RIVN	F	-0.03%
MTCH	D	-0.03%
SHW	B	-0.03%
BWA	D	-0.03%
CZR	F	-0.03%
TKO	A	-0.03%
SEIC	B	-0.03%
ECL	D	-0.03%
FICO	B	-0.03%
WAT	C	-0.03%
CPB	D	-0.03%
MOS	F	-0.03%
HRL	D	-0.03%
MTZ	B	-0.03%
ALLY	C	-0.03%
JLL	D	-0.03%
AOS	F	-0.03%
MGM	D	-0.03%
SNX	D	-0.03%
KNX	C	-0.03%
AAL	B	-0.03%
HSIC	C	-0.03%
PTC	B	-0.03%
RBC	A	-0.03%
WST	C	-0.03%
OGN	F	-0.02%
PAYC	B	-0.02%
DLB	B	-0.02%
GTES	A	-0.02%
WLK	D	-0.02%
KMPR	A	-0.02%
AWI	A	-0.02%
SLGN	A	-0.02%
PSN	D	-0.02%
AZO	C	-0.02%
DBX	B	-0.02%
ST	F	-0.02%
AVT	C	-0.02%
FRPT	A	-0.02%
AMP	A	-0.02%
AL	B	-0.02%
BFAM	D	-0.02%
POST	C	-0.02%
LEA	F	-0.02%
LITE	B	-0.02%
EXAS	D	-0.02%
ORLY	B	-0.02%
OLLI	D	-0.02%
FOX	A	-0.02%
H	B	-0.02%
THG	A	-0.02%
FNB	A	-0.02%
XP	F	-0.02%
WHR	B	-0.02%
CE	F	-0.02%
BIO	C	-0.02%
MTDR	B	-0.02%
COLD	D	-0.02%
BEN	C	-0.02%
LNC	C	-0.02%
OKTA	C	-0.02%
SIRI	C	-0.02%
MOH	F	-0.02%
QRVO	F	-0.02%
SAIC	F	-0.02%
TER	F	-0.01%
SNDR	B	-0.01%
TRIP	F	-0.01%
REYN	D	-0.01%
FTRE	D	-0.01%
QS	F	-0.01%
LEG	F	-0.01%
CNXC	F	-0.01%
LCID	F	-0.01%
BIRK	D	-0.01%
SHC	F	-0.01%
ADTN	A	-0.01%
LEN	D	-0.01%
CRI	F	-0.01%
PPC	C	-0.01%
BR	A	-0.01%
MP	C	-0.01%
IPGP	D	-0.01%
GLOB	B	-0.01%
UAA	C	-0.01%
RCM	A	-0.01%
AAP	D	-0.01%
SAM	C	-0.01%
AZTA	D	-0.01%
ULTA	F	-0.01%
PINC	B	-0.01%
HHH	B	-0.01%
CPRI	F	-0.01%
EXP	B	-0.01%
JWN	D	-0.01%
HAYW	B	-0.01%
ENOV	C	-0.01%
BOKF	B	-0.01%
BROS	A	-0.01%
AGR	A	-0.01%
COLM	C	-0.01%
AMKR	D	-0.01%
U	C	-0.01%
AMED	F	-0.01%
PAG	B	-0.01%
WU	F	-0.01%
IRDM	D	-0.01%
SPR	D	-0.01%
PENN	C	-0.01%
NSA	C	-0.01%
LOPE	C	-0.01%
ZI	D	-0.01%
ZG	A	-0.01%
ALNY	D	-0.01%
CPRT	B	-0.01%
BHF	C	-0.01%
CLF	F	-0.01%
UHAL	D	-0.01%
IAC	F	-0.01%
NWS	A	-0.01%
NEU	D	-0.01%
GFS	C	-0.01%
CIVI	D	-0.01%
TYL	B	-0.01%
MSGS	A	-0.01%
DXC	B	-0.01%
CTAS	B	-0.01%
RH	C	-0.01%
SEG	B	-0.0%
UWMC	D	-0.0%
TXG	F	-0.0%
DJT	C	-0.0%
SEB	F	-0.0%
HCP	B	-0.0%
WOLF	F	-0.0%
CERT	F	-0.0%
TFSL	A	-0.0%
FIVE	F	-0.0%
CNA	C	-0.0%
INFA	D	-0.0%
DV	C	-0.0%
NCNO	C	-0.0%