SMLF vs. IJS ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to iShares S&P SmallCap 600 Value ETF (IJS)

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

71,833

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

IJS

iShares S&P SmallCap 600 Value ETF

IJS Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit value characteristics. 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. It seeks to track the investment results of the S&P SmallCap 600Â® Value Index (the "underlying index"), which measures the performance of the small-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$115.66

Average Daily Volume

239,551

Number of Holdings ^*

459

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	IJS
30 Days	10.53%	9.12%
60 Days	10.49%	8.01%
90 Days	11.95%	8.44%
12 Months	40.74%	29.93%

187 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in IJS	Overlap
ABG	B	0.15%	0.37%	0.15%
ACA	A	0.1%	0.28%	0.1%
ADEA	D	0.06%	0.11%	0.06%
AEIS	B	0.01%	0.22%	0.01%
AGO	B	0.27%	0.25%	0.25%
AIN	C	0.01%	0.18%	0.01%
ALKS	B	0.3%	0.23%	0.23%
AMN	F	0.03%	0.06%	0.03%
APOG	B	0.11%	0.14%	0.11%
ARCH	B	0.03%	0.13%	0.03%
ARR	D	0.01%	0.04%	0.01%
ASO	F	0.06%	0.48%	0.06%
ATEN	B	0.09%	0.09%	0.09%
AWR	B	0.12%	0.21%	0.12%
AX	A	0.0%	0.22%	0.0%
BANF	B	0.14%	0.13%	0.13%
BBWI	D	0.2%	0.98%	0.2%
BCPC	B	0.04%	0.35%	0.04%
BDN	C	0.13%	0.12%	0.12%
BFH	B	0.0%	0.0%	0.0%
BKE	B	0.12%	0.08%	0.08%
BKU	A	0.0%	0.43%	0.0%
BL	B	0.16%	0.14%	0.14%
BLMN	F	0.05%	0.07%	0.05%
BOH	B	0.0%	0.26%	0.0%
BOX	B	0.08%	0.26%	0.08%
BRC	D	0.17%	0.16%	0.16%
BSIG	A	0.01%	0.05%	0.01%
CAKE	C	0.01%	0.17%	0.01%
CAL	D	0.08%	0.15%	0.08%
CALX	D	0.02%	0.12%	0.02%
CENTA	C	0.05%	0.23%	0.05%
CFFN	B	0.04%	0.11%	0.04%
CHCO	B	0.0%	0.0%	0.0%
CMA	A	0.0%	1.27%	0.0%
CNS	B	0.03%	0.19%	0.03%
COOP	B	0.41%	0.86%	0.41%
CORT	B	0.3%	0.23%	0.23%
CVBF	A	0.05%	0.41%	0.05%
CVI	F	0.03%	0.04%	0.03%
CWEN	C	0.15%	0.32%	0.15%
CWEN	C	0.15%	0.12%	0.12%
CWK	B	0.01%	0.38%	0.01%
CXW	B	0.11%	0.33%	0.11%
DAN	D	0.02%	0.15%	0.02%
DEI	B	0.0%	0.43%	0.0%
DLX	B	0.08%	0.14%	0.08%
DNOW	B	0.1%	0.21%	0.1%
DOCN	D	0.02%	0.14%	0.02%
DY	D	0.02%	0.76%	0.02%
EGBN	B	0.0%	0.12%	0.0%
EIG	B	0.0%	0.19%	0.0%
EMBC	C	0.03%	0.12%	0.03%
ENR	B	0.01%	0.17%	0.01%
ENVA	B	0.01%	0.37%	0.01%
EPAC	B	0.07%	0.12%	0.07%
EPC	D	0.01%	0.24%	0.01%
ETSY	D	0.2%	0.44%	0.2%
EXTR	B	0.17%	0.11%	0.11%
FHB	A	0.08%	0.48%	0.08%
FL	F	0.03%	0.27%	0.03%
FULT	A	0.0%	0.54%	0.0%
GDOT	D	0.0%	0.0%	0.0%
GEO	B	0.12%	0.5%	0.12%
GFF	A	0.12%	0.13%	0.12%
GIII	D	0.02%	0.17%	0.02%
GNW	A	0.0%	0.44%	0.0%
GO	C	0.01%	0.24%	0.01%
HAIN	C	0.01%	0.09%	0.01%
HASI	D	0.07%	0.44%	0.07%
HELE	C	0.04%	0.21%	0.04%
HI	C	0.09%	0.32%	0.09%
HIMS	B	0.1%	0.51%	0.1%
HIW	D	0.18%	0.47%	0.18%
HNI	B	0.03%	0.14%	0.03%
HP	B	0.1%	0.21%	0.1%
HPP	F	0.04%	0.07%	0.04%
HSII	B	0.31%	0.13%	0.13%
HSTM	B	0.04%	0.05%	0.04%
HTH	B	0.11%	0.2%	0.11%
HTZ	C	0.01%	0.07%	0.01%
INSP	D	0.12%	0.18%	0.12%
INVA	D	0.09%	0.07%	0.07%
IOSP	B	0.04%	0.15%	0.04%
IRWD	F	0.02%	0.04%	0.02%
ITRI	B	0.05%	0.37%	0.05%
JBSS	D	0.17%	0.05%	0.05%
JXN	C	0.0%	0.0%	0.0%
KALU	C	0.01%	0.18%	0.01%
KFY	B	0.02%	0.23%	0.02%
KLG	C	0.04%	0.16%	0.04%
KLIC	B	0.1%	0.13%	0.1%
KN	B	0.08%	0.13%	0.08%
KREF	D	0.04%	0.09%	0.04%
KSS	F	0.08%	0.28%	0.08%
KW	B	0.1%	0.18%	0.1%
LGND	B	0.09%	0.28%	0.09%
LUMN	C	0.2%	1.21%	0.2%
LXP	D	0.07%	0.38%	0.07%
MAC	B	0.31%	0.58%	0.31%
MATV	D	0.07%	0.09%	0.07%
MBC	D	0.01%	0.3%	0.01%
MC	C	0.0%	0.0%	0.0%
MCY	A	0.06%	0.27%	0.06%
MDU	D	0.04%	0.52%	0.04%
MLAB	D	0.01%	0.08%	0.01%
MMSI	B	0.14%	0.34%	0.14%
MPW	F	0.06%	0.36%	0.06%
NARI	C	0.07%	0.15%	0.07%
NATL	B	0.04%	0.3%	0.04%
NAVI	C	0.19%	0.16%	0.16%
NBR	C	0.07%	0.09%	0.07%
NBTB	B	0.0%	0.33%	0.0%
NGVT	B	0.01%	0.23%	0.01%
NSIT	F	0.06%	0.21%	0.06%
NTCT	C	0.11%	0.22%	0.11%
NWL	B	0.02%	0.51%	0.02%
NWN	A	0.01%	0.22%	0.01%
NX	C	0.03%	0.06%	0.03%
ODP	F	0.11%	0.12%	0.11%
OI	C	0.03%	0.28%	0.03%
OMI	F	0.04%	0.13%	0.04%
OUT	A	0.04%	0.2%	0.04%
PBH	A	0.09%	0.29%	0.09%
PDCO	D	0.02%	0.22%	0.02%
PEB	D	0.01%	0.2%	0.01%
PHIN	A	0.09%	0.32%	0.09%
PI	D	0.14%	0.17%	0.14%
PIPR	B	0.34%	0.38%	0.34%
PLUS	F	0.07%	0.11%	0.07%
PRDO	B	0.0%	0.0%	0.0%
PTEN	C	0.11%	0.18%	0.11%
PZZA	D	0.05%	0.11%	0.05%
QDEL	F	0.03%	0.29%	0.03%
RCUS	F	0.04%	0.07%	0.04%
RDN	C	0.06%	0.33%	0.06%
RGNX	F	0.03%	0.03%	0.03%
RHI	B	0.17%	1.04%	0.17%
RUSHA	C	0.06%	0.29%	0.06%
SAFE	D	0.02%	0.13%	0.02%
SAH	A	0.04%	0.13%	0.04%
SANM	B	0.22%	0.58%	0.22%
SATS	D	0.12%	0.38%	0.12%
SEE	C	0.0%	0.0%	0.0%
SFBS	B	0.13%	0.35%	0.13%
SITC	D	0.02%	0.05%	0.02%
SLG	B	0.49%	0.68%	0.49%
SLVM	B	0.02%	0.4%	0.02%
SMTC	B	0.05%	0.25%	0.05%
SNEX	B	0.07%	0.38%	0.07%
SONO	C	0.05%	0.22%	0.05%
SSTK	F	0.11%	0.05%	0.05%
SUPN	C	0.03%	0.16%	0.03%
SVC	F	0.02%	0.06%	0.02%
SWI	B	0.01%	0.06%	0.01%
TDS	B	0.04%	0.21%	0.04%
TGNA	B	0.09%	0.41%	0.09%
TILE	B	0.05%	0.2%	0.05%
TPH	D	0.14%	0.21%	0.14%
TR	B	0.01%	0.03%	0.01%
TRMK	B	0.0%	0.33%	0.0%
TRN	C	0.06%	0.21%	0.06%
TTGT	C	0.01%	0.04%	0.01%
UNFI	A	0.02%	0.18%	0.02%
UNIT	B	0.07%	0.09%	0.07%
UPBD	B	0.09%	0.09%	0.09%
USNA	C	0.02%	0.06%	0.02%
UTL	B	0.01%	0.07%	0.01%
UVV	B	0.06%	0.19%	0.06%
VFC	C	0.08%	0.93%	0.08%
VIAV	B	0.03%	0.3%	0.03%
VIR	D	0.08%	0.1%	0.08%
VIRT	B	0.03%	0.4%	0.03%
VRE	B	0.01%	0.12%	0.01%
VSTO	A	0.14%	0.36%	0.14%
VSTS	C	0.02%	0.1%	0.02%
WAFD	B	0.12%	0.42%	0.12%
WD	D	0.02%	0.27%	0.02%
WGO	C	0.05%	0.11%	0.05%
WLY	B	0.07%	0.29%	0.07%
WNC	C	0.07%	0.12%	0.07%
WOR	F	0.08%	0.05%	0.05%
WS	B	0.22%	0.06%	0.06%
XHR	B	0.03%	0.09%	0.03%
XNCR	B	0.15%	0.1%	0.1%
XRX	F	0.18%	0.13%	0.13%
YOU	D	0.23%	0.11%	0.11%

SMLF Overweight 624 Positions Relative to IJS

Symbol	Grade	Weight
APP	B	1.49%
EME	C	0.94%
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%
JBL	B	0.55%
BPOP	B	0.53%
MANH	D	0.5%
MLI	C	0.49%
RS	B	0.49%
NVT	B	0.49%
CVNA	B	0.46%
IDA	A	0.46%
IBKR	A	0.45%
FIX	A	0.44%
DUOL	A	0.44%
COCO	B	0.43%
WSM	B	0.42%
PCOR	B	0.42%
CSL	C	0.41%
LPX	B	0.41%
IOT	A	0.41%
VNO	B	0.41%
ORI	A	0.41%
JEF	A	0.4%
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%
DKS	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%
CAVA	B	0.34%
WK	B	0.34%
LAMR	D	0.33%
JHG	A	0.31%
WSO	A	0.31%
ITT	A	0.31%
FLEX	A	0.31%
FR	C	0.31%
SOLV	C	0.31%
DDS	B	0.31%
THC	D	0.31%
TPR	B	0.3%
SPXC	A	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%
R	B	0.28%
INTA	A	0.27%
SN	D	0.27%
FCNCA	A	0.27%
SMAR	A	0.26%
ESTC	C	0.26%
SIG	B	0.26%
GPK	C	0.26%
AMH	D	0.25%
OVV	B	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%
AN	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%
GAP	C	0.23%
LSCC	D	0.23%
AMG	B	0.23%
UFPI	B	0.23%
EXLS	B	0.23%
BCC	B	0.22%
GPI	A	0.22%
APA	D	0.22%
RPM	A	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%
LIVN	F	0.2%
RDDT	B	0.2%
XRAY	F	0.2%
ELF	C	0.2%
ATKR	C	0.2%
RRX	B	0.2%
AGCO	D	0.2%
DTM	B	0.2%
DNLI	D	0.2%
HAE	C	0.2%
WCC	B	0.2%
TPG	A	0.2%
TEX	D	0.19%
M	D	0.19%
RNG	B	0.19%
SMG	D	0.19%
JOE	F	0.19%
CROX	D	0.19%
ACM	A	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%
ARW	D	0.18%
TDOC	C	0.18%
NDSN	B	0.18%
VCYT	B	0.18%
ESAB	B	0.18%
USFD	A	0.18%
OC	A	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	D	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%
AIZ	A	0.17%
PRKS	C	0.17%
SF	B	0.17%
KIM	A	0.16%
IVT	B	0.16%
SRCE	B	0.16%
ALLE	D	0.16%
BMI	B	0.16%
BJ	A	0.16%
WTM	A	0.16%
SLM	A	0.16%
LRN	A	0.16%
CVCO	A	0.16%
TOL	B	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%
GES	F	0.15%
RL	B	0.15%
ONTO	D	0.15%
W	F	0.15%
VMI	B	0.15%
FTAI	B	0.15%
DOCS	C	0.15%
SPB	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%
IGT	F	0.14%
NOVT	D	0.14%
IONS	F	0.14%
CMC	B	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%
BLKB	B	0.13%
VMEO	B	0.13%
BPMC	C	0.13%
THO	B	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%
QLYS	C	0.13%
FYBR	D	0.13%
NUVL	D	0.13%
AA	B	0.13%
SR	A	0.12%
MAT	D	0.12%
AROC	B	0.12%
SAIA	B	0.12%
KBR	F	0.12%
BASE	C	0.12%
ACLS	F	0.12%
NYT	C	0.12%
OGE	B	0.12%
WH	B	0.12%
KRC	C	0.12%
WEN	D	0.12%
NOV	C	0.12%
AIT	A	0.12%
CBT	C	0.12%
BSY	D	0.12%
WTS	B	0.12%
FHI	A	0.11%
CYTK	F	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	A	0.11%
PARA	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%
CRUS	D	0.11%
CARG	C	0.11%
SPSC	C	0.11%
BAND	B	0.11%
CHX	C	0.11%
MCB	B	0.11%
MDGL	B	0.11%
NSP	D	0.11%
BCRX	D	0.11%
MTRN	C	0.1%
ASB	B	0.1%
CHDN	B	0.1%
BECN	B	0.1%
EXPI	C	0.1%
PNFP	B	0.1%
IVZ	B	0.1%
UGI	A	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%
X	C	0.1%
ALX	D	0.1%
LYFT	C	0.1%
CMPR	D	0.1%
AGM	C	0.1%
WAL	B	0.1%
BERY	B	0.1%
INSM	C	0.1%
WMS	D	0.1%
VRNS	D	0.1%
EEFT	B	0.09%
VSH	D	0.09%
CXT	B	0.09%
MTSI	B	0.09%
WSC	D	0.09%
JACK	D	0.09%
MRC	B	0.09%
MTN	C	0.09%
PCVX	D	0.09%
HEES	B	0.09%
APG	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%
EGP	F	0.09%
BC	C	0.09%
ALIT	C	0.09%
TMHC	B	0.09%
OHI	C	0.09%
MTG	C	0.09%
COUR	F	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%
FLR	B	0.08%
RGEN	D	0.08%
PEGA	A	0.08%
OZK	B	0.08%
ELAN	D	0.08%
MKSI	C	0.08%
SCS	C	0.08%
OSCR	D	0.08%
PD	C	0.08%
YETI	C	0.08%
MASI	A	0.08%
GMS	B	0.08%
CACC	D	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%
CLH	B	0.07%
EQC	B	0.07%
DH	D	0.07%
AMRX	C	0.07%
PEN	B	0.07%
EYPT	F	0.07%
WYNN	D	0.07%
VAC	B	0.07%
RIG	D	0.07%
AMPH	D	0.07%
POR	C	0.07%
AMPL	C	0.07%
FLNC	C	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%
SM	B	0.07%
TXRH	C	0.07%
CEIX	A	0.07%
NXST	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%
STWD	C	0.06%
CTBI	B	0.06%
BRBR	A	0.06%
ITCI	C	0.06%
VKTX	F	0.06%
FUN	C	0.06%
LADR	B	0.06%
SOFI	A	0.06%
FLO	D	0.06%
WTTR	B	0.06%
CASY	A	0.06%
IRTC	D	0.06%
RYN	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%
KD	B	0.06%
MED	F	0.06%
FOLD	F	0.05%
AVAV	D	0.05%
ITGR	B	0.05%
SNV	B	0.05%
ACI	C	0.05%
FFIN	B	0.05%
LBTYK	A	0.05%
EHC	B	0.05%
BEAM	D	0.05%
SITE	D	0.05%
CERS	C	0.05%
AEO	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%
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%
WBA	F	0.05%
PK	B	0.05%
MDXG	B	0.05%
LECO	B	0.05%
ARWR	F	0.04%
FCN	D	0.04%
MAN	D	0.04%
STAG	F	0.04%
DAWN	F	0.04%
CORZ	A	0.04%
PFSI	D	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%
RVMD	C	0.04%
CELH	F	0.04%
AGYS	A	0.04%
ARRY	C	0.04%
ROKU	D	0.04%
BILL	A	0.04%
HLF	C	0.04%
ANGI	D	0.04%
IBP	D	0.04%
NHI	D	0.04%
ACHC	F	0.04%
MMS	F	0.04%
FHN	A	0.04%
JANX	C	0.03%
SWIM	C	0.03%
AXTA	A	0.03%
GMED	A	0.03%
ALHC	C	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%
VNDA	C	0.03%
EVTC	B	0.03%
VCEL	B	0.03%
DNB	B	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	D	0.03%
OFIX	B	0.03%
CIEN	B	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%
SLAB	D	0.03%
BRSP	B	0.03%
CDP	C	0.03%
MGNI	A	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%
RLI	B	0.03%
RKT	F	0.03%
UVE	B	0.03%
NRC	F	0.03%
OLED	D	0.03%
BKD	D	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	0.02%
SSB	B	0.02%
CACI	D	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%
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%
MSA	D	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	B	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%
FSS	B	0.02%
WTFC	A	0.02%
MTW	C	0.02%
DBI	F	0.02%
LMAT	A	0.02%
CLVT	F	0.02%
PR	B	0.02%
RLJ	C	0.02%
PBF	D	0.02%
CRSP	D	0.02%
TLRY	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%
LANC	C	0.02%
ARCB	C	0.02%
ALGM	D	0.01%
VAL	D	0.01%
DINO	D	0.01%
PGEN	F	0.01%
JAMF	F	0.01%
PCH	D	0.01%
SFIX	B	0.01%
POWI	D	0.01%
FLWS	F	0.01%
TDC	D	0.01%
XPRO	F	0.01%
BIGC	C	0.01%
JOBY	B	0.01%
WTI	F	0.01%
ZUO	B	0.01%
BKH	A	0.01%
CRAI	B	0.01%
MITK	C	0.01%
NTLA	F	0.01%
ROIV	C	0.01%
SWX	B	0.01%
HCAT	D	0.01%
OIS	C	0.01%
RBRK	A	0.01%
HQY	B	0.01%
HMST	D	0.01%
AXS	A	0.01%
STGW	B	0.01%
OLPX	D	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%
SWTX	C	0.01%
PII	D	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%
MAGN	F	0.0%
PFBC	B	0.0%
CASH	A	0.0%
UNM	A	0.0%
TBBK	B	0.0%
FBP	B	0.0%
OFG	B	0.0%

SMLF Underweight 272 Positions Relative to IJS

Symbol	Grade	Weight
ALK	C	-0.95%
LNC	B	-0.84%
ABCB	B	-0.63%
ICUI	D	-0.57%
SEM	B	-0.55%
AL	B	-0.55%
OGN	D	-0.54%
UCB	A	-0.54%
REZI	A	-0.53%
AUB	B	-0.53%
DXC	B	-0.52%
CBU	B	-0.51%
ABM	B	-0.48%
ZWS	B	-0.45%
HUBG	A	-0.43%
INDB	B	-0.43%
SFNC	B	-0.43%
BXMT	C	-0.43%
PENN	C	-0.43%
EAT	A	-0.42%
AVA	A	-0.41%
STEP	B	-0.4%
ECG	C	-0.4%
VSCO	B	-0.4%
HBI	B	-0.4%
FFBC	A	-0.39%
ABR	C	-0.38%
EPRT	B	-0.38%
PPBI	B	-0.37%
BANR	B	-0.36%
AKR	B	-0.36%
SBCF	A	-0.35%
WERN	C	-0.34%
ZD	C	-0.34%
PLXS	B	-0.33%
PINC	B	-0.33%
PECO	A	-0.33%
RNST	B	-0.33%
TTMI	B	-0.33%
HAYW	B	-0.32%
IBTX	B	-0.32%
KMT	B	-0.31%
RUN	F	-0.31%
ROIC	A	-0.31%
BANC	A	-0.31%
AAP	C	-0.31%
B	B	-0.3%
KAR	B	-0.3%
PSMT	C	-0.3%
SKYW	B	-0.29%
STC	B	-0.29%
ACIW	B	-0.29%
JBLU	F	-0.29%
OMCL	C	-0.29%
CRGY	B	-0.29%
FUL	F	-0.29%
IAC	D	-0.28%
RXO	C	-0.28%
GBX	A	-0.28%
VYX	B	-0.28%
GVA	A	-0.28%
FBK	B	-0.27%
MRCY	B	-0.27%
BTU	B	-0.26%
SXT	B	-0.26%
NBHC	B	-0.26%
WSFS	A	-0.26%
CTRE	D	-0.26%
FBNC	A	-0.26%
NPO	A	-0.26%
CWT	D	-0.25%
CABO	C	-0.25%
BHE	B	-0.24%
HMN	B	-0.24%
MGEE	C	-0.24%
ADNT	F	-0.24%
WWW	B	-0.24%
FTRE	D	-0.24%
UNF	B	-0.24%
WHD	B	-0.23%
HOPE	B	-0.23%
PRK	B	-0.23%
WKC	D	-0.23%
MLKN	D	-0.23%
CPK	A	-0.22%
SCL	C	-0.22%
LEG	F	-0.22%
VBTX	B	-0.22%
PAYO	A	-0.22%
PJT	A	-0.22%
JBT	B	-0.21%
THS	D	-0.21%
SITM	B	-0.21%
IART	C	-0.21%
UCTT	D	-0.21%
STEL	A	-0.2%
CHEF	A	-0.2%
SNDR	B	-0.2%
BGC	C	-0.2%
ELME	D	-0.2%
GNL	F	-0.2%
APAM	B	-0.2%
FCPT	C	-0.2%
KRYS	B	-0.2%
MP	B	-0.19%
SBH	C	-0.19%
STRA	C	-0.19%
TALO	C	-0.19%
TGI	B	-0.19%
ALEX	C	-0.19%
SAFT	C	-0.18%
AAT	B	-0.18%
MTX	B	-0.18%
IIPR	D	-0.18%
JBGS	D	-0.18%
MD	B	-0.17%
MODG	F	-0.17%
ADUS	D	-0.17%
SMPL	B	-0.17%
QNST	B	-0.16%
FDP	B	-0.16%
PMT	D	-0.16%
ALGT	B	-0.16%
UE	C	-0.16%
DORM	B	-0.16%
NVEE	F	-0.16%
DGII	B	-0.16%
ECPG	B	-0.16%
CCS	D	-0.16%
DEA	D	-0.16%
RC	D	-0.16%
CENX	B	-0.16%
CURB	D	-0.16%
DCOM	A	-0.16%
FBRT	C	-0.15%
LCII	C	-0.15%
CBRL	C	-0.15%
BRKL	B	-0.15%
SCSC	B	-0.15%
KWR	C	-0.15%
CSR	B	-0.15%
LKFN	B	-0.14%
NXRT	B	-0.14%
AHCO	F	-0.14%
ICHR	C	-0.14%
SXC	A	-0.14%
FCF	A	-0.14%
NMIH	D	-0.14%
HFWA	B	-0.13%
PRAA	C	-0.13%
TRUP	B	-0.13%
CXM	C	-0.13%
SJW	D	-0.13%
TMP	B	-0.13%
LTC	B	-0.13%
DIOD	D	-0.13%
TNDM	F	-0.13%
FOXF	F	-0.12%
LZB	B	-0.12%
BJRI	B	-0.12%
CPF	A	-0.12%
ASTE	B	-0.12%
HCSG	C	-0.12%
LGIH	D	-0.12%
AVNS	F	-0.12%
CNXN	C	-0.12%
MNRO	D	-0.12%
EYE	C	-0.12%
PRA	C	-0.12%
DXPE	B	-0.12%
GTY	B	-0.12%
VTOL	B	-0.12%
PCRX	C	-0.11%
HAFC	A	-0.11%
ASIX	A	-0.11%
CSGS	B	-0.11%
NHC	C	-0.11%
SABR	C	-0.1%
LNN	B	-0.1%
COHU	C	-0.1%
TRST	A	-0.1%
MYGN	F	-0.1%
PTGX	C	-0.1%
CTS	C	-0.1%
THRM	D	-0.1%
GPRE	F	-0.1%
HRMY	D	-0.1%
ANDE	D	-0.1%
AXL	C	-0.1%
SPTN	D	-0.09%
USPH	B	-0.09%
SBSI	B	-0.09%
SCHL	D	-0.09%
VSAT	F	-0.09%
EZPW	A	-0.09%
SCVL	F	-0.09%
HLIT	D	-0.09%
AMSF	B	-0.09%
CTKB	C	-0.09%
MSEX	B	-0.09%
AIR	B	-0.09%
RGR	F	-0.09%
FWRD	D	-0.09%
AMWD	C	-0.09%
AOSL	C	-0.09%
SMP	B	-0.09%
UFCS	B	-0.08%
NVRI	F	-0.08%
LESL	C	-0.08%
INVX	C	-0.08%
VICR	B	-0.08%
MMI	B	-0.08%
HZO	D	-0.08%
ROG	D	-0.08%
VRTS	B	-0.08%
WABC	B	-0.08%
CRK	B	-0.08%
PUMP	B	-0.08%
THRY	F	-0.07%
BGS	F	-0.07%
PAHC	C	-0.07%
FIZZ	C	-0.07%
STAA	F	-0.07%
CLB	B	-0.07%
MRTN	C	-0.07%
MCW	B	-0.06%
MXL	C	-0.06%
AHH	D	-0.06%
VTLE	C	-0.06%
ARI	C	-0.06%
WOLF	F	-0.06%
PLAB	C	-0.06%
SDGR	C	-0.06%
CERT	F	-0.06%
KELYA	F	-0.06%
AORT	B	-0.06%
PRLB	A	-0.05%
INN	D	-0.05%
HAYN	C	-0.05%
TWI	F	-0.05%
FLGT	F	-0.05%
CNSL	C	-0.05%
CENT	C	-0.05%
KOP	C	-0.05%
CEVA	B	-0.05%
SEDG	F	-0.05%
ETD	C	-0.05%
MATW	C	-0.04%
NABL	F	-0.04%
UHT	D	-0.04%
GDEN	B	-0.04%
MGPI	F	-0.04%
CRSR	C	-0.04%
BLFS	C	-0.04%
SNCY	C	-0.04%
WSR	A	-0.04%
SLP	D	-0.03%
IIIN	C	-0.03%
NPK	B	-0.03%
MYE	F	-0.03%
HTLD	B	-0.03%
GOGO	C	-0.03%
MTUS	C	-0.03%
BFS	C	-0.03%
BHLB	B	-0.0%
STBA	B	-0.0%
PBI	B	-0.0%
ENV	B	-0.0%
NWBI	B	-0.0%
CATY	B	-0.0%
PFS	B	-0.0%
GTES	A	-0.0%