SMLF vs. MDYV ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index (MDYV)

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

MDYV

SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index

MDYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization value sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$85.86

Average Daily Volume

306,977

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	MDYV
30 Days	10.53%	7.26%
60 Days	10.49%	8.46%
90 Days	11.95%	9.68%
12 Months	40.74%	31.69%

183 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in MDYV	Overlap
AA	B	0.13%	0.72%	0.13%
ACM	A	0.19%	0.52%	0.19%
AGCO	D	0.2%	0.39%	0.2%
ALGM	D	0.01%	0.14%	0.01%
ALV	C	0.08%	0.19%	0.08%
AM	A	0.37%	0.14%	0.14%
AMG	B	0.23%	0.38%	0.23%
AMH	D	0.25%	0.32%	0.25%
AN	C	0.24%	0.3%	0.24%
AR	B	0.21%	0.6%	0.21%
ARW	D	0.18%	0.41%	0.18%
ASB	B	0.1%	0.27%	0.1%
ASGN	F	0.01%	0.28%	0.01%
ASH	D	0.07%	0.26%	0.07%
AVNT	B	0.18%	0.32%	0.18%
AYI	B	0.35%	0.34%	0.34%
BC	C	0.09%	0.14%	0.09%
BDC	B	0.08%	0.33%	0.08%
BERY	B	0.1%	0.51%	0.1%
BJ	A	0.16%	0.78%	0.16%
BKH	A	0.01%	0.29%	0.01%
BLKB	B	0.13%	0.09%	0.09%
BRBR	A	0.06%	0.3%	0.06%
BRKR	D	0.14%	0.16%	0.14%
BRX	A	0.37%	0.33%	0.33%
CACI	D	0.02%	0.47%	0.02%
CBSH	A	0.24%	0.33%	0.24%
CBT	C	0.12%	0.13%	0.12%
CC	C	0.06%	0.19%	0.06%
CDP	C	0.03%	0.14%	0.03%
CFR	B	0.25%	0.35%	0.25%
CHE	D	0.3%	0.23%	0.23%
CHWY	B	0.03%	0.18%	0.03%
CHX	C	0.11%	0.13%	0.11%
CIEN	B	0.03%	0.4%	0.03%
CMC	B	0.14%	0.46%	0.14%
CNM	D	0.36%	0.23%	0.23%
CNO	A	0.16%	0.28%	0.16%
CRUS	D	0.11%	0.16%	0.11%
CUBE	D	0.11%	0.33%	0.11%
CUZ	B	0.08%	0.32%	0.08%
CVLT	B	0.08%	0.2%	0.08%
CW	B	0.23%	0.33%	0.23%
CXT	B	0.09%	0.18%	0.09%
CYTK	F	0.11%	0.24%	0.11%
DCI	B	0.18%	0.27%	0.18%
DINO	D	0.01%	0.46%	0.01%
DKS	C	0.38%	0.36%	0.36%
DOCS	C	0.15%	0.22%	0.15%
DTM	B	0.2%	0.24%	0.2%
EEFT	B	0.09%	0.13%	0.09%
EGP	F	0.09%	0.21%	0.09%
EHC	B	0.05%	0.38%	0.05%
ENS	D	0.04%	0.15%	0.04%
EPR	D	0.02%	0.09%	0.02%
EVR	B	0.81%	0.22%	0.22%
EWBC	A	0.39%	0.45%	0.39%
EXLS	B	0.23%	0.21%	0.21%
EXPO	D	0.09%	0.17%	0.09%
FAF	A	0.16%	0.45%	0.16%
FFIN	B	0.05%	0.22%	0.05%
FHI	A	0.11%	0.22%	0.11%
FHN	A	0.04%	0.73%	0.04%
FLO	D	0.06%	0.29%	0.06%
FLR	B	0.08%	0.59%	0.08%
FR	C	0.31%	0.24%	0.24%
FYBR	D	0.13%	0.52%	0.13%
GAP	C	0.23%	0.33%	0.23%
GATX	A	0.15%	0.23%	0.15%
GEF	A	0.01%	0.12%	0.01%
GLPI	C	0.18%	0.51%	0.18%
GME	C	0.16%	0.72%	0.16%
GMED	A	0.03%	0.62%	0.03%
GPK	C	0.26%	0.57%	0.26%
HAE	C	0.2%	0.12%	0.12%
HOG	D	0.15%	0.26%	0.15%
HQY	B	0.01%	0.28%	0.01%
HWC	B	0.08%	0.17%	0.08%
HXL	D	0.01%	0.17%	0.01%
IBKR	A	0.45%	0.54%	0.45%
IBOC	A	0.11%	0.15%	0.11%
IDA	A	0.46%	0.26%	0.26%
JEF	A	0.4%	0.8%	0.4%
JHG	A	0.31%	0.39%	0.31%
KBR	F	0.12%	0.29%	0.12%
KD	B	0.06%	0.44%	0.06%
KNF	A	0.07%	0.1%	0.07%
KRC	C	0.12%	0.28%	0.12%
KRG	B	0.17%	0.4%	0.17%
LAMR	D	0.33%	0.32%	0.32%
LANC	C	0.02%	0.12%	0.02%
LFUS	F	0.05%	0.13%	0.05%
LIVN	F	0.2%	0.12%	0.12%
LPX	B	0.41%	0.17%	0.17%
LSTR	D	0.1%	0.14%	0.1%
M	D	0.19%	0.29%	0.19%
MAN	D	0.04%	0.2%	0.04%
MASI	A	0.08%	0.18%	0.08%
MAT	D	0.12%	0.24%	0.12%
MIDD	C	0.08%	0.25%	0.08%
MKSI	C	0.08%	0.26%	0.08%
MMS	F	0.04%	0.09%	0.04%
MSM	C	0.02%	0.12%	0.02%
MTG	C	0.09%	0.27%	0.09%
MTN	C	0.09%	0.15%	0.09%
MTSI	B	0.09%	0.18%	0.09%
MUR	D	0.19%	0.18%	0.18%
NFG	A	0.13%	0.37%	0.13%
NJR	A	0.14%	0.32%	0.14%
NNN	D	0.1%	0.33%	0.1%
NOV	C	0.12%	0.43%	0.12%
NOVT	D	0.14%	0.17%	0.14%
NSP	D	0.11%	0.09%	0.09%
NVST	B	0.06%	0.23%	0.06%
NXST	C	0.07%	0.34%	0.07%
OGE	B	0.12%	0.57%	0.12%
OGS	A	0.13%	0.28%	0.13%
OHI	C	0.09%	0.41%	0.09%
OLN	D	0.09%	0.2%	0.09%
OPCH	D	0.08%	0.11%	0.08%
ORI	A	0.41%	0.6%	0.41%
OZK	B	0.08%	0.16%	0.08%
PBF	D	0.02%	0.21%	0.02%
PCH	D	0.01%	0.2%	0.01%
PII	D	0.01%	0.24%	0.01%
PNFP	B	0.1%	0.38%	0.1%
POR	C	0.07%	0.32%	0.07%
POWI	D	0.01%	0.12%	0.01%
PRGO	B	0.04%	0.25%	0.04%
PVH	C	0.17%	0.39%	0.17%
R	B	0.28%	0.48%	0.28%
RGLD	C	0.14%	0.3%	0.14%
RLI	B	0.03%	0.17%	0.03%
RNR	C	0.21%	0.41%	0.21%
ROIV	C	0.01%	0.13%	0.01%
RPM	A	0.22%	0.54%	0.22%
RRX	B	0.2%	0.77%	0.2%
RYN	D	0.06%	0.17%	0.06%
SCI	B	0.14%	0.4%	0.14%
SF	B	0.17%	0.8%	0.17%
SFM	A	0.6%	0.57%	0.57%
SLM	A	0.16%	0.21%	0.16%
SMG	D	0.19%	0.13%	0.13%
SNV	B	0.05%	0.54%	0.05%
SON	D	0.09%	0.33%	0.09%
SR	A	0.12%	0.26%	0.12%
SRPT	D	0.2%	0.14%	0.14%
SSB	B	0.02%	0.55%	0.02%
STAG	F	0.04%	0.22%	0.04%
STWD	C	0.06%	0.42%	0.06%
SWX	B	0.01%	0.31%	0.01%
SYNA	C	0.1%	0.12%	0.1%
TCBI	B	0.03%	0.28%	0.03%
TEX	D	0.19%	0.1%	0.1%
THC	D	0.31%	1.05%	0.31%
THO	B	0.13%	0.39%	0.13%
TKR	D	0.17%	0.2%	0.17%
TMHC	B	0.09%	0.49%	0.09%
TNL	A	0.16%	0.08%	0.08%
TTC	D	0.14%	0.3%	0.14%
UA	C	0.14%	0.08%	0.08%
UGI	A	0.1%	0.34%	0.1%
UMBF	B	0.14%	0.37%	0.14%
UNM	A	0.0%	0.83%	0.0%
USFD	A	0.18%	1.09%	0.18%
UTHR	C	0.38%	0.64%	0.38%
VAC	B	0.07%	0.2%	0.07%
VC	D	0.08%	0.09%	0.08%
VMI	B	0.15%	0.46%	0.15%
VNO	B	0.41%	0.47%	0.41%
VOYA	B	0.17%	0.32%	0.17%
VSH	D	0.09%	0.12%	0.09%
WAL	B	0.1%	0.33%	0.1%
WBS	A	0.05%	0.69%	0.05%
WCC	B	0.2%	0.63%	0.2%
WEN	D	0.12%	0.1%	0.1%
WH	B	0.12%	0.18%	0.12%
WTFC	A	0.02%	0.59%	0.02%
X	C	0.1%	0.55%	0.1%
XPO	B	0.17%	0.62%	0.17%
XRAY	F	0.2%	0.24%	0.2%
YETI	C	0.08%	0.08%	0.08%
ZION	B	0.24%	0.59%	0.24%

SMLF Overweight 627 Positions Relative to MDYV

Symbol	Grade	Weight
APP	B	1.49%
EME	C	0.94%
MSTR	C	0.73%
DECK	A	0.72%
AXON	A	0.66%
ALSN	B	0.56%
NTNX	A	0.56%
JBL	B	0.55%
BPOP	B	0.53%
MANH	D	0.5%
SLG	B	0.49%
MLI	C	0.49%
RS	B	0.49%
NVT	B	0.49%
CVNA	B	0.46%
FIX	A	0.44%
DUOL	A	0.44%
COCO	B	0.43%
WSM	B	0.42%
PCOR	B	0.42%
CSL	C	0.41%
COOP	B	0.41%
IOT	A	0.41%
HRB	D	0.4%
NTRA	B	0.4%
LBRDA	C	0.4%
GTLB	B	0.39%
POWL	C	0.38%
MEDP	D	0.38%
WING	D	0.36%
WFRD	D	0.35%
CR	A	0.35%
PIPR	B	0.34%
CAVA	B	0.34%
WK	B	0.34%
HSII	B	0.31%
WSO	A	0.31%
ITT	A	0.31%
FLEX	A	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%
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%
FCNCA	A	0.27%
SMAR	A	0.26%
ESTC	C	0.26%
SIG	B	0.26%
OVV	B	0.25%
MOD	A	0.25%
HURN	B	0.25%
TPX	B	0.24%
CPRX	C	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%
ENTG	D	0.23%
LSCC	D	0.23%
YOU	D	0.23%
UFPI	B	0.23%
BCC	B	0.22%
SANM	B	0.22%
GPI	A	0.22%
APA	D	0.22%
WS	B	0.22%
COKE	C	0.22%
AXSM	B	0.22%
MATX	C	0.21%
TOST	B	0.21%
BLD	D	0.21%
AZPN	A	0.21%
ETSY	D	0.2%
RDDT	B	0.2%
ELF	C	0.2%
ATKR	C	0.2%
DNLI	D	0.2%
BBWI	D	0.2%
TPG	A	0.2%
LUMN	C	0.2%
RNG	B	0.19%
JOE	F	0.19%
CROX	D	0.19%
NAVI	C	0.19%
GH	B	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%
OC	A	0.18%
FROG	C	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%
RHI	B	0.17%
AIZ	A	0.17%
EXTR	B	0.17%
PRKS	C	0.17%
JBSS	D	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%
LRN	A	0.16%
CVCO	A	0.16%
TOL	B	0.16%
AGNC	D	0.16%
OMF	A	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%
GES	F	0.15%
RL	B	0.15%
ONTO	D	0.15%
W	F	0.15%
FTAI	B	0.15%
SPB	C	0.15%
ABG	B	0.15%
CWEN	C	0.15%
SKY	A	0.15%
ESI	A	0.15%
AMR	C	0.14%
ATI	D	0.14%
VSTO	A	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	B	0.14%
IONS	F	0.14%
PI	D	0.14%
ENSG	D	0.14%
YEXT	A	0.14%
PCTY	B	0.14%
AY	B	0.14%
SPT	C	0.14%
SSD	D	0.14%
TPH	D	0.14%
VMEO	B	0.13%
BPMC	C	0.13%
IPAR	B	0.13%
TNET	D	0.13%
ACCO	C	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%
NUVL	D	0.13%
INSP	D	0.12%
AROC	B	0.12%
AWR	B	0.12%
SAIA	B	0.12%
GEO	B	0.12%
BASE	C	0.12%
SATS	D	0.12%
ACLS	F	0.12%
NYT	C	0.12%
GFF	A	0.12%
BKE	B	0.12%
AIT	A	0.12%
BSY	D	0.12%
WAFD	B	0.12%
WTS	B	0.12%
NTCT	C	0.11%
TXNM	A	0.11%
LAZ	B	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%
APOG	B	0.11%
CXW	B	0.11%
MCB	B	0.11%
MDGL	B	0.11%
BCRX	D	0.11%
KW	B	0.1%
MTRN	C	0.1%
CHDN	B	0.1%
HP	B	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%
CRC	B	0.1%
HUN	F	0.1%
ICFI	F	0.1%
HOV	D	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%
WMS	D	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
WSC	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%
APG	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%
INVA	D	0.09%
COUR	F	0.09%
UPBD	B	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
WEX	D	0.09%
CUBI	C	0.09%
CRS	A	0.09%
FIVN	C	0.08%
TENB	C	0.08%
LILA	D	0.08%
VIR	D	0.08%
RGEN	D	0.08%
PEGA	A	0.08%
CAL	D	0.08%
ELAN	D	0.08%
SCS	C	0.08%
OSCR	D	0.08%
FHB	A	0.08%
PD	C	0.08%
KN	B	0.08%
GMS	B	0.08%
WOR	F	0.08%
CACC	D	0.08%
DLX	B	0.08%
VFC	C	0.08%
BOX	B	0.08%
NSSC	D	0.08%
AGX	B	0.08%
KSS	F	0.08%
CARS	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%
RIG	D	0.07%
AMPH	D	0.07%
LXP	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%
PLUS	F	0.07%
SM	B	0.07%
TXRH	C	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	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%
CASY	A	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%
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%
ACI	C	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%
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%
APLS	D	0.05%
ASAN	C	0.05%
WBA	F	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%
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%
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%
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%
ACHC	F	0.04%
HSTM	B	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%
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%
DNB	B	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	D	0.03%
OFIX	B	0.03%
XHR	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%
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%
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%
OLED	D	0.03%
BKD	D	0.03%
CVI	F	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	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%
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%
KFY	B	0.02%
MSA	D	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%
NWL	B	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%
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%
ARCB	C	0.02%
PDCO	D	0.02%
CALX	D	0.02%
CWK	B	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%
EPC	D	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%
UTL	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%
TTGT	C	0.01%
HCAT	D	0.01%
OIS	C	0.01%
RBRK	A	0.01%
NGVT	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%
GWRE	A	0.01%
RHP	B	0.01%
PYCR	C	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%
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%
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%
CMA	A	0.0%
AX	A	0.0%
OFG	B	0.0%

SMLF Underweight 101 Positions Relative to MDYV

Symbol	Grade	Weight
ILMN	D	-1.53%
DOCU	A	-1.11%
FNF	B	-1.07%
COHR	B	-1.03%
RGA	A	-1.02%
PFGC	B	-0.9%
JLL	D	-0.84%
WPC	D	-0.81%
ARMK	B	-0.69%
AFG	A	-0.69%
ALLY	C	-0.67%
LAD	A	-0.67%
CNH	C	-0.63%
AAL	B	-0.63%
KNX	B	-0.61%
SNX	C	-0.59%
MTZ	B	-0.57%
TPL	A	-0.57%
AVTR	F	-0.56%
PB	A	-0.53%
ADC	B	-0.51%
G	B	-0.5%
OSK	B	-0.49%
EQH	B	-0.48%
CADE	B	-0.47%
ONB	B	-0.47%
BURL	A	-0.46%
BIO	D	-0.45%
COLB	A	-0.44%
DAR	C	-0.44%
GBCI	B	-0.43%
INGR	B	-0.42%
WHR	B	-0.42%
ESNT	D	-0.4%
FNB	A	-0.4%
LITE	B	-0.39%
THG	A	-0.39%
REXR	F	-0.38%
CG	A	-0.38%
FBIN	D	-0.38%
HOMB	A	-0.38%
CCK	C	-0.38%
UBSI	B	-0.38%
BMRN	D	-0.37%
CLF	F	-0.37%
LEA	D	-0.36%
WTRG	B	-0.34%
POST	C	-0.34%
ST	F	-0.33%
AVT	C	-0.32%
IRT	A	-0.32%
ATR	B	-0.32%
VLY	B	-0.32%
ELS	C	-0.32%
SLGN	A	-0.3%
JAZZ	B	-0.3%
TKO	B	-0.3%
SBRA	C	-0.29%
ORA	B	-0.29%
FLS	B	-0.29%
KMPR	B	-0.29%
KEX	C	-0.29%
PNM	F	-0.28%
SAIC	F	-0.28%
SEIC	B	-0.27%
CGNX	C	-0.26%
ALE	A	-0.25%
WU	D	-0.24%
NWE	B	-0.23%
GHC	C	-0.22%
BHF	B	-0.21%
AMKR	D	-0.2%
PAG	B	-0.2%
KBH	D	-0.19%
NEOG	F	-0.19%
GXO	B	-0.18%
RH	B	-0.18%
GT	C	-0.18%
SIGI	C	-0.18%
GNTX	C	-0.17%
ENOV	C	-0.17%
JWN	C	-0.15%
RCM	F	-0.15%
PPC	C	-0.14%
ZI	D	-0.14%
UAA	C	-0.13%
CNXC	F	-0.13%
DLB	B	-0.13%
CRI	D	-0.13%
AMED	F	-0.12%
IRDM	D	-0.12%
CHH	A	-0.11%
COLM	B	-0.1%
NSA	D	-0.1%
SAM	C	-0.1%
PSN	D	-0.09%
IPGP	D	-0.08%
CPRI	F	-0.08%
HGV	B	-0.07%
WMG	C	-0.07%
AZTA	D	-0.05%