SMLF vs. ONEV ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

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

$65.50

Average Daily Volume

77,471

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$129.33

Average Daily Volume

6,961

Number of Holdings ^*

412

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	ONEV
30 Days	1.31%	1.26%
60 Days	6.97%	5.31%
90 Days	8.42%	10.76%
12 Months	30.08%	26.96%

135 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in ONEV	Overlap
ACI	F	0.05%	0.19%	0.05%
ACM	B	0.19%	0.19%	0.19%
AGCO	D	0.22%	0.15%	0.15%
AGO	D	0.24%	0.08%	0.08%
AIZ	A	0.17%	0.16%	0.16%
ALLE	A	0.17%	0.24%	0.17%
ALSN	A	0.48%	0.3%	0.3%
AMG	C	0.23%	0.21%	0.21%
AMH	D	0.26%	0.13%	0.13%
ARW	C	0.22%	0.1%	0.1%
ASH	F	0.08%	0.08%	0.08%
AXS	A	0.01%	0.09%	0.01%
AXTA	C	0.02%	0.08%	0.02%
AYI	A	0.31%	0.14%	0.14%
BC	C	0.1%	0.06%	0.06%
BERY	C	0.11%	0.13%	0.11%
BJ	D	0.16%	0.32%	0.16%
BRBR	B	0.05%	0.07%	0.05%
BRKR	D	0.19%	0.1%	0.1%
BWXT	A	0.12%	0.13%	0.12%
CACC	F	0.09%	0.02%	0.02%
CACC	F	0.09%	0.06%	0.06%
CACI	A	0.02%	0.33%	0.02%
CASY	D	0.06%	0.5%	0.06%
CBSH	D	0.21%	0.06%	0.06%
CHE	B	0.34%	0.32%	0.32%
CHK	C	0.26%	0.32%	0.26%
CIEN	B	0.03%	0.12%	0.03%
CNM	F	0.41%	0.19%	0.19%
COKE	B	0.25%	0.13%	0.13%
CR	C	0.34%	0.11%	0.11%
CRUS	D	0.14%	0.2%	0.14%
CSL	A	0.42%	0.19%	0.19%
CUBE	C	0.13%	0.35%	0.13%
CW	A	0.21%	0.13%	0.13%
CWEN	A	0.18%	0.02%	0.02%
CWEN	A	0.18%	0.04%	0.04%
DCI	B	0.18%	0.25%	0.18%
DINO	F	0.01%	0.06%	0.01%
DNB	D	0.03%	0.05%	0.03%
DTM	A	0.16%	0.16%	0.16%
EEFT	F	0.09%	0.04%	0.04%
EGP	D	0.1%	0.14%	0.1%
EHC	B	0.05%	0.25%	0.05%
EME	C	0.84%	0.28%	0.28%
ESAB	C	0.16%	0.05%	0.05%
ESI	B	0.15%	0.05%	0.05%
EVR	C	0.72%	0.12%	0.12%
EXEL	C	0.19%	0.15%	0.15%
FAF	B	0.17%	0.04%	0.04%
FCN	B	0.04%	0.18%	0.04%
FCNCA	D	0.25%	0.15%	0.15%
FHB	D	0.07%	0.02%	0.02%
FIX	B	0.41%	0.11%	0.11%
FLO	C	0.07%	0.13%	0.07%
FR	C	0.35%	0.19%	0.19%
FYBR	C	0.14%	0.11%	0.11%
GGG	B	0.31%	0.28%	0.28%
GO	F	0.01%	0.06%	0.01%
GPK	B	0.28%	0.18%	0.18%
HIW	C	0.2%	0.05%	0.05%
HLI	B	0.16%	0.27%	0.16%
HOG	C	0.19%	0.04%	0.04%
HRB	C	0.45%	0.33%	0.33%
HUN	B	0.13%	0.05%	0.05%
IBKR	A	0.37%	0.09%	0.09%
IDA	B	0.43%	0.12%	0.12%
ITT	B	0.32%	0.17%	0.17%
JBL	D	0.55%	0.39%	0.39%
JHG	C	0.27%	0.14%	0.14%
KNSL	D	0.18%	0.16%	0.16%
KRC	C	0.13%	0.06%	0.06%
LAMR	C	0.36%	0.18%	0.18%
LBRDA	C	0.37%	0.01%	0.01%
LECO	F	0.05%	0.26%	0.05%
LFUS	C	0.06%	0.07%	0.06%
LSTR	D	0.1%	0.24%	0.1%
MAN	D	0.05%	0.12%	0.05%
MAT	C	0.12%	0.2%	0.12%
MDU	C	0.06%	0.1%	0.06%
MIDD	D	0.09%	0.05%	0.05%
MSA	D	0.02%	0.05%	0.02%
MSM	D	0.02%	0.15%	0.02%
MTG	B	0.1%	0.19%	0.1%
MTN	D	0.09%	0.18%	0.09%
NDSN	B	0.19%	0.08%	0.08%
NFG	A	0.13%	0.2%	0.13%
NNN	A	0.12%	0.13%	0.12%
NVST	D	0.06%	0.03%	0.03%
NWL	D	0.02%	0.06%	0.02%
NXST	D	0.08%	0.07%	0.07%
NYT	B	0.13%	0.2%	0.13%
OC	B	0.17%	0.19%	0.17%
OGE	A	0.13%	0.26%	0.13%
ORI	A	0.41%	0.17%	0.17%
OZK	F	0.07%	0.05%	0.05%
PII	D	0.02%	0.16%	0.02%
PRGO	F	0.04%	0.1%	0.04%
PRI	A	0.26%	0.19%	0.19%
R	C	0.26%	0.08%	0.08%
RGLD	C	0.14%	0.16%	0.14%
RHI	D	0.16%	0.25%	0.16%
RL	B	0.15%	0.21%	0.15%
RLI	A	0.03%	0.23%	0.03%
RNR	A	0.23%	0.5%	0.23%
RPM	C	0.21%	0.22%	0.21%
RS	D	0.48%	0.6%	0.48%
RYN	C	0.07%	0.11%	0.07%
SCI	C	0.14%	0.29%	0.14%
SEE	B	0.0%	0.02%	0.0%
SITE	D	0.05%	0.07%	0.05%
SN	B	0.3%	0.07%	0.07%
SOLV	D	0.33%	0.37%	0.33%
SON	D	0.11%	0.15%	0.11%
SSD	C	0.16%	0.17%	0.16%
STAG	D	0.04%	0.09%	0.04%
TKR	B	0.2%	0.05%	0.05%
TNL	B	0.15%	0.02%	0.02%
TTC	D	0.16%	0.14%	0.14%
TTEK	B	0.34%	0.08%	0.08%
TXRH	B	0.07%	0.11%	0.07%
UA	B	0.14%	0.01%	0.01%
UGI	C	0.11%	0.1%	0.1%
UTHR	B	0.37%	0.57%	0.37%
VFC	B	0.08%	0.16%	0.08%
VIRT	C	0.03%	0.03%	0.03%
VMI	B	0.13%	0.11%	0.11%
VNT	F	0.05%	0.09%	0.05%
VOYA	A	0.17%	0.07%	0.07%
VSTS	D	0.02%	0.07%	0.02%
WBA	F	0.06%	0.06%	0.06%
WH	C	0.11%	0.04%	0.04%
WSC	D	0.1%	0.04%	0.04%
WSO	B	0.31%	0.23%	0.23%
XRAY	D	0.31%	0.09%	0.09%

SMLF Overweight 682 Positions Relative to ONEV

Symbol	Grade	Weight
APP	B	0.7%
DECK	C	0.68%
BPOP	D	0.57%
MANH	C	0.53%
WSM	C	0.52%
NTNX	D	0.5%
NVT	D	0.5%
SFM	A	0.48%
WING	B	0.47%
SLG	C	0.46%
AXON	A	0.45%
DKS	D	0.42%
MLI	B	0.41%
LPX	A	0.41%
MSTR	C	0.41%
MEDP	F	0.4%
DUOL	B	0.4%
IOT	C	0.4%
VNO	B	0.4%
COOP	C	0.4%
AM	A	0.39%
COCO	C	0.39%
PCOR	D	0.38%
BRX	B	0.37%
WFRD	F	0.37%
NTRA	B	0.35%
CVNA	A	0.34%
GTLB	D	0.34%
JEF	B	0.34%
VGR	C	0.33%
THC	C	0.33%
CAVA	C	0.32%
ANF	D	0.32%
EWBC	D	0.32%
MAC	B	0.31%
WK	D	0.31%
PIPR	C	0.3%
DDS	D	0.3%
ALKS	C	0.3%
PSTG	F	0.3%
SPXC	C	0.3%
CROX	C	0.29%
POWL	A	0.29%
MOD	C	0.29%
OFG	D	0.29%
FLEX	B	0.29%
YOU	C	0.29%
SIG	C	0.28%
SMAR	A	0.27%
HALO	D	0.27%
ENTG	D	0.27%
AN	B	0.27%
TPR	B	0.26%
IMKTA	F	0.26%
HSII	B	0.26%
LBTYA	B	0.26%
TPX	B	0.25%
APA	F	0.25%
CORT	B	0.25%
LSCC	D	0.25%
BLD	C	0.25%
HURN	C	0.24%
LNTH	C	0.24%
TREX	D	0.24%
UFPI	B	0.24%
STRL	C	0.24%
SMG	B	0.23%
XRX	F	0.23%
BCC	B	0.23%
ETSY	F	0.23%
GAP	F	0.23%
HAS	A	0.23%
JOE	D	0.23%
W	D	0.23%
INTA	C	0.23%
SKT	A	0.23%
SRPT	F	0.23%
ESTC	F	0.23%
AXSM	C	0.22%
AZPN	C	0.22%
DNLI	C	0.22%
BBWI	F	0.22%
OVV	F	0.22%
CPRX	C	0.22%
LIVN	D	0.21%
ONTO	C	0.21%
JBSS	F	0.21%
AR	C	0.21%
FBP	D	0.21%
CFR	D	0.21%
GPI	C	0.21%
ATKR	F	0.2%
RMBS	F	0.2%
GLPI	B	0.2%
ZION	D	0.2%
SANM	D	0.2%
RRX	C	0.2%
MUR	F	0.2%
EXLS	B	0.2%
NAVI	D	0.2%
AGNC	C	0.19%
HAE	D	0.19%
GES	F	0.19%
RRC	D	0.19%
TPG	C	0.19%
MATX	B	0.19%
ELF	F	0.19%
AVNT	B	0.19%
M	F	0.19%
TEX	F	0.19%
LNW	F	0.18%
TDOC	D	0.18%
FROG	F	0.18%
WS	D	0.18%
KFRC	F	0.18%
BRC	C	0.18%
PRG	C	0.18%
LUMN	C	0.18%
PRGS	B	0.18%
PDM	C	0.18%
ATI	B	0.17%
RNG	F	0.17%
PI	B	0.17%
VCYT	C	0.17%
PGRE	D	0.17%
PVH	F	0.17%
EXTR	D	0.17%
USFD	C	0.17%
TOL	A	0.17%
ACLS	F	0.17%
WCC	C	0.17%
KRG	C	0.17%
CVCO	A	0.16%
SLM	C	0.16%
TOST	B	0.16%
SKY	A	0.16%
IGT	F	0.16%
IONS	F	0.16%
PRKS	D	0.16%
SPB	B	0.16%
MMYT	D	0.16%
SATS	C	0.16%
TPH	B	0.16%
SQSP	A	0.16%
BMI	A	0.16%
AMR	F	0.15%
WTM	D	0.15%
NJR	C	0.15%
OMF	D	0.15%
SF	A	0.15%
ABG	D	0.15%
AY	B	0.15%
CNO	C	0.15%
NOVT	D	0.15%
ONON	C	0.15%
KIM	C	0.15%
SPT	F	0.15%
IVT	B	0.15%
ACLX	C	0.15%
GH	F	0.15%
NUVL	B	0.15%
TNET	F	0.14%
CMC	C	0.14%
ODP	F	0.14%
OGS	A	0.14%
BSY	D	0.14%
NSP	F	0.14%
MMSI	C	0.14%
GME	D	0.14%
LRN	C	0.14%
BL	D	0.14%
INSP	C	0.14%
SBGI	B	0.14%
SRCE	D	0.14%
ENSG	D	0.14%
SPSC	D	0.13%
HOV	C	0.13%
BRZE	F	0.13%
YEXT	B	0.13%
VECO	F	0.13%
VSTO	D	0.13%
NOV	F	0.13%
BPMC	F	0.13%
GNRC	B	0.13%
WTS	B	0.13%
RYAN	A	0.13%
GOLF	F	0.13%
SSTK	F	0.13%
FTAI	B	0.13%
DOCS	B	0.13%
IPAR	D	0.13%
CBT	B	0.13%
BLKB	C	0.13%
MFA	C	0.13%
KBR	D	0.13%
THO	C	0.13%
GATX	D	0.13%
XPO	F	0.13%
WMS	D	0.13%
XNCR	D	0.13%
AA	C	0.13%
GFF	B	0.12%
OLN	D	0.12%
BKE	C	0.12%
CHX	F	0.12%
VRNS	C	0.12%
PCTY	C	0.12%
ALX	C	0.12%
SFBS	D	0.12%
KAI	C	0.12%
UMBF	C	0.12%
QLYS	F	0.12%
LILA	B	0.12%
BANF	D	0.12%
AWR	B	0.12%
BCRX	D	0.12%
ACCO	C	0.12%
WAFD	D	0.12%
DFIN	D	0.12%
WEN	C	0.12%
SR	A	0.12%
PTEN	F	0.11%
NTCT	C	0.11%
KLIC	D	0.11%
VSH	F	0.11%
ACAD	F	0.11%
EXPI	C	0.11%
PNM	B	0.11%
AIT	A	0.11%
CMPR	F	0.11%
AROC	C	0.11%
BAND	F	0.11%
SYNA	F	0.11%
PARA	F	0.11%
CYTK	F	0.11%
INSM	D	0.11%
ICFI	C	0.11%
PCVX	B	0.11%
COUR	F	0.11%
OPCH	D	0.11%
OSCR	C	0.11%
EXPO	B	0.11%
WEX	C	0.11%
HTH	D	0.11%
NSSC	F	0.1%
MTRN	F	0.1%
AAN	D	0.1%
UPBD	F	0.1%
CARG	C	0.1%
TMHC	B	0.1%
KSS	D	0.1%
INVA	B	0.1%
SAIA	D	0.1%
OHI	C	0.1%
FHI	C	0.1%
BASE	F	0.1%
APOG	B	0.1%
NYCB	D	0.1%
WAL	C	0.1%
KW	C	0.1%
MATV	D	0.1%
IVZ	C	0.1%
SWN	C	0.1%
X	F	0.1%
LAZ	C	0.1%
OII	D	0.1%
VMEO	C	0.1%
RDDT	C	0.1%
LOVE	B	0.1%
APG	F	0.09%
BDC	B	0.09%
MPW	C	0.09%
LBTYK	A	0.09%
HASI	C	0.09%
NSIT	C	0.09%
YETI	D	0.09%
BECN	F	0.09%
ALIT	D	0.09%
JACK	F	0.09%
DNOW	F	0.09%
HP	F	0.09%
CXT	F	0.09%
CRC	B	0.09%
SITC	F	0.09%
CAL	F	0.09%
ACA	C	0.09%
CRS	B	0.09%
PLUS	C	0.09%
HIMS	C	0.09%
MCB	C	0.09%
CHDN	D	0.09%
IBOC	D	0.09%
AGM	F	0.09%
LYFT	D	0.08%
TENB	F	0.08%
HI	F	0.08%
ASO	D	0.08%
AMPH	C	0.08%
LZ	D	0.08%
FLR	D	0.08%
GMS	D	0.08%
CRDO	C	0.08%
LXP	D	0.08%
WNC	F	0.08%
CARS	F	0.08%
BCO	A	0.08%
CAR	D	0.08%
FLNC	C	0.08%
PD	F	0.08%
LGND	D	0.08%
PBH	D	0.08%
ILPT	D	0.08%
MTSI	C	0.08%
ATEN	C	0.08%
PNFP	D	0.08%
PLNT	C	0.08%
CSWI	B	0.08%
DVAX	D	0.08%
ASB	F	0.08%
MKSI	F	0.08%
PHIN	D	0.08%
BOX	C	0.08%
SCS	D	0.08%
KN	D	0.08%
CUBI	F	0.08%
CUZ	C	0.08%
VC	F	0.08%
VERA	C	0.08%
MDGL	F	0.08%
TGNA	B	0.08%
RGEN	F	0.08%
ELAN	D	0.08%
WOR	F	0.08%
MRC	D	0.08%
ALV	F	0.08%
ADEA	C	0.07%
CLH	C	0.07%
CEIX	B	0.07%
OXM	F	0.07%
TNC	F	0.07%
SNEX	C	0.07%
BLMN	F	0.07%
OTTR	F	0.07%
GCO	F	0.07%
APPF	C	0.07%
PEGA	C	0.07%
AZEK	B	0.07%
UVV	C	0.07%
EIG	B	0.07%
ANAB	D	0.07%
WLY	A	0.07%
SANA	F	0.07%
SM	F	0.07%
HWC	D	0.07%
ANGI	C	0.07%
HE	F	0.07%
EQC	D	0.07%
HOUS	C	0.07%
GKOS	C	0.07%
DH	F	0.07%
DLX	F	0.07%
RIG	F	0.07%
MASI	C	0.07%
CXW	F	0.07%
AIV	C	0.07%
VIR	F	0.07%
KNF	C	0.07%
CNMD	D	0.07%
VKTX	D	0.07%
SFL	D	0.07%
NTB	D	0.07%
MED	F	0.07%
CVLT	C	0.07%
UNIT	C	0.07%
ACHC	F	0.07%
WYNN	B	0.07%
COTY	F	0.07%
IDCC	A	0.07%
POR	B	0.07%
HEES	D	0.07%
PK	D	0.06%
GPMT	D	0.06%
TRN	C	0.06%
MERC	D	0.06%
FN	C	0.06%
YELP	F	0.06%
APLS	F	0.06%
CENTA	F	0.06%
AGX	B	0.06%
PEN	D	0.06%
HCC	D	0.06%
VAC	D	0.06%
FIVN	F	0.06%
NXT	F	0.06%
OMI	F	0.06%
AMLX	D	0.06%
AMN	F	0.06%
GEO	F	0.06%
HWKN	A	0.06%
AEO	C	0.06%
NBR	F	0.06%
LADR	D	0.06%
DOMO	F	0.06%
AMRX	A	0.06%
ADMA	B	0.06%
CC	D	0.06%
NARI	F	0.06%
AMPL	D	0.06%
EPAC	C	0.06%
STWD	C	0.06%
AVDX	F	0.05%
ITGR	C	0.05%
PFSI	C	0.05%
RCUS	F	0.05%
OLED	C	0.05%
ITRI	C	0.05%
BKD	D	0.05%
ASAN	F	0.05%
BCPC	C	0.05%
AVAV	B	0.05%
BEAM	F	0.05%
AMBC	F	0.05%
CTBI	D	0.05%
CERS	F	0.05%
NHI	C	0.05%
RKT	B	0.05%
CNX	A	0.05%
WTTR	D	0.05%
FOLD	F	0.05%
ITCI	D	0.05%
LPG	F	0.05%
S	D	0.05%
ZIP	D	0.05%
MCY	B	0.05%
KOS	F	0.05%
SMTC	C	0.05%
MMS	A	0.05%
AFRM	C	0.05%
EYPT	F	0.05%
CELH	F	0.05%
PATH	D	0.05%
WGO	D	0.05%
RUSHA	C	0.05%
FUN	F	0.05%
IBP	C	0.05%
THR	F	0.05%
PZZA	D	0.05%
KD	F	0.05%
IRTC	F	0.05%
MDXG	F	0.04%
CLVT	D	0.04%
OI	D	0.04%
SPRY	C	0.04%
FHN	D	0.04%
ACCD	F	0.04%
SLAB	D	0.04%
OPI	F	0.04%
QDEL	D	0.04%
DIN	D	0.04%
TARS	C	0.04%
TILE	B	0.04%
TDS	B	0.04%
CGEM	F	0.04%
SOFI	C	0.04%
SAH	D	0.04%
ARRY	F	0.04%
CFFN	D	0.04%
SNV	D	0.04%
DAWN	D	0.04%
AGYS	D	0.04%
OUT	C	0.04%
IVR	C	0.04%
RDFN	C	0.04%
AGS	D	0.04%
HSTM	B	0.04%
HELE	D	0.04%
NATL	D	0.04%
SNBR	C	0.04%
EVH	D	0.04%
SVC	F	0.04%
WBS	D	0.04%
AVXL	D	0.04%
VITL	C	0.04%
NRC	F	0.04%
FFIN	D	0.04%
HLF	F	0.04%
KREF	C	0.04%
KLG	D	0.04%
ENS	C	0.04%
ROKU	D	0.04%
IOSP	F	0.04%
CVI	F	0.04%
SONO	D	0.04%
GIII	C	0.03%
WD	C	0.03%
QRTEA	F	0.03%
RYI	F	0.03%
MOG.A	B	0.03%
ARCB	D	0.03%
TSE	C	0.03%
ALRM	F	0.03%
DAN	F	0.03%
VNDA	F	0.03%
TCBI	C	0.03%
OFIX	D	0.03%
ATRC	D	0.03%
NX	F	0.03%
MGNI	D	0.03%
ARCH	D	0.03%
ADT	D	0.03%
SNDX	F	0.03%
OPEN	F	0.03%
BILL	D	0.03%
EVTC	D	0.03%
CHRD	F	0.03%
LTH	C	0.03%
RGNX	F	0.03%
EMBC	D	0.03%
REVG	D	0.03%
SGH	F	0.03%
TWO	D	0.03%
JELD	D	0.03%
SWIM	B	0.03%
PDCO	F	0.03%
BRSP	D	0.03%
UDMY	F	0.03%
CHWY	C	0.03%
TLRY	F	0.03%
TPB	B	0.03%
DBI	F	0.03%
XHR	C	0.03%
HNI	B	0.03%
FLYW	F	0.03%
IDT	C	0.03%
BBIO	F	0.03%
QXO	F	0.03%
CORZ	C	0.03%
RPD	D	0.03%
FL	F	0.03%
RVMD	B	0.03%
CNS	C	0.03%
CALX	C	0.03%
CDP	A	0.03%
UVE	C	0.03%
ARWR	F	0.03%
PRO	F	0.02%
ERAS	D	0.02%
OSUR	F	0.02%
NTLA	F	0.02%
OSIS	B	0.02%
SHO	D	0.02%
RAMP	F	0.02%
KVYO	B	0.02%
KRNY	D	0.02%
BMBL	F	0.02%
SLVM	C	0.02%
WOOF	C	0.02%
HMST	B	0.02%
OLPX	C	0.02%
WTFC	C	0.02%
KFY	C	0.02%
HAIN	C	0.02%
BRY	F	0.02%
MTW	F	0.02%
EDR	A	0.02%
LMAT	B	0.02%
GPRO	D	0.02%
DYN	D	0.02%
EVRI	B	0.02%
PR	F	0.02%
ARCT	D	0.02%
NUS	F	0.02%
IRWD	F	0.02%
RLJ	D	0.02%
DOCN	C	0.02%
PTCT	C	0.02%
FSS	B	0.02%
AKRO	C	0.02%
EPR	C	0.02%
CNDT	B	0.02%
TGTX	C	0.02%
DY	C	0.02%
PBF	F	0.02%
JANX	D	0.02%
SUPN	D	0.02%
CRSP	F	0.02%
GMED	D	0.02%
LANC	F	0.02%
ALHC	C	0.02%
VCEL	F	0.02%
VIAV	C	0.02%
SAFE	C	0.02%
IESC	B	0.02%
USNA	F	0.02%
AMCX	F	0.02%
CWK	C	0.01%
SFIX	F	0.01%
RBRK	F	0.01%
JOBY	F	0.01%
ZUO	F	0.01%
MITK	F	0.01%
VAL	F	0.01%
PGEN	F	0.01%
AIN	D	0.01%
TTGT	F	0.01%
SWI	C	0.01%
ARR	D	0.01%
OMER	F	0.01%
BIGC	F	0.01%
CRAI	B	0.01%
PCH	C	0.01%
EPC	F	0.01%
PEB	D	0.01%
POWI	F	0.01%
FLWS	F	0.01%
OIS	F	0.01%
TDC	D	0.01%
ALGM	F	0.01%
ENVA	C	0.01%
JAMF	F	0.01%
HQY	B	0.01%
CAKE	B	0.01%
UTL	C	0.01%
UPWK	D	0.01%
WTI	D	0.01%
BKH	B	0.01%
MBC	B	0.01%
VRE	C	0.01%
NWN	B	0.01%
TR	D	0.01%
NGVT	D	0.01%
HTZ	F	0.01%
BSIG	C	0.01%
PYCR	D	0.01%
ROIV	D	0.01%
SWX	C	0.01%
HCAT	D	0.01%
SWTX	F	0.01%
ENR	B	0.01%
STGW	C	0.01%
MLAB	B	0.01%
ALAB	D	0.01%
GEF	C	0.01%
GWRE	A	0.01%
BYD	C	0.01%
UNFI	B	0.01%
XPRO	F	0.01%
NFBK	D	0.01%
KALU	D	0.01%
MBLY	F	0.01%
RHP	C	0.01%
NEXA	B	0.01%
ASGN	D	0.01%
AEIS	D	0.01%
RXT	C	0.01%
HXL	F	0.01%
SSB	C	0.01%
HYFM	D	0.0%
CHCO	D	0.0%
BFH	D	0.0%
MC	C	0.0%
EGBN	C	0.0%
GDOT	C	0.0%
NBTB	D	0.0%
HPP	F	0.0%
CVBF	D	0.0%
RDN	D	0.0%
FULT	D	0.0%
BOH	F	0.0%
JXN	B	0.0%
TRMK	D	0.0%
UNM	A	0.0%
DEI	A	0.0%
GNW	C	0.0%
PFBC	D	0.0%
BDN	A	0.0%
CASH	D	0.0%
TBBK	C	0.0%
CMA	C	0.0%
AX	D	0.0%
PRDO	D	0.0%
BKU	D	0.0%

SMLF Underweight 277 Positions Relative to ONEV

Symbol	Grade	Weight
CTSH	C	-1.39%
BMY	B	-1.24%
ACGL	A	-1.06%
CAH	B	-1.0%
CNC	F	-0.84%
HUM	F	-0.84%
GILD	A	-0.82%
BBY	B	-0.79%
PSA	C	-0.71%
EA	D	-0.7%
AZO	D	-0.69%
CBOE	B	-0.69%
ORLY	A	-0.68%
ADM	D	-0.67%
EBAY	A	-0.66%
CINF	A	-0.64%
EG	B	-0.62%
CMI	B	-0.62%
GPC	D	-0.62%
ATO	A	-0.61%
MCK	F	-0.6%
VRSN	C	-0.59%
SWKS	F	-0.59%
KVUE	C	-0.57%
TROW	D	-0.57%
FAST	C	-0.56%
NTAP	D	-0.56%
MO	B	-0.55%
KR	B	-0.54%
GEHC	B	-0.54%
AON	A	-0.53%
HPE	C	-0.53%
LDOS	A	-0.52%
OMC	A	-0.51%
TSCO	A	-0.5%
XEL	A	-0.5%
TGT	C	-0.49%
A	B	-0.47%
CHTR	D	-0.47%
FDS	C	-0.47%
FFIV	C	-0.47%
NVR	A	-0.46%
ETR	A	-0.46%
SNA	B	-0.45%
KMB	B	-0.45%
MKL	B	-0.44%
BR	B	-0.43%
PCAR	D	-0.43%
JNPR	C	-0.43%
IP	B	-0.42%
GRMN	D	-0.42%
RPRX	B	-0.41%
GIS	B	-0.41%
DHI	B	-0.4%
K	B	-0.4%
POOL	B	-0.4%
EXPD	B	-0.4%
AMCR	A	-0.39%
DGX	C	-0.39%
WRB	B	-0.38%
PEG	A	-0.38%
EXC	A	-0.37%
AEE	A	-0.37%
DOX	B	-0.37%
DG	F	-0.37%
GWW	A	-0.37%
J	D	-0.37%
MOH	D	-0.37%
INCY	B	-0.36%
KEYS	C	-0.36%
WEC	A	-0.35%
MAS	A	-0.35%
NUE	D	-0.35%
ITW	B	-0.34%
AKAM	D	-0.34%
HII	D	-0.34%
SRE	A	-0.34%
ED	A	-0.34%
TRV	C	-0.34%
D	A	-0.33%
INGR	A	-0.33%
LUV	C	-0.33%
MAA	C	-0.33%
EVRG	B	-0.32%
CVS	D	-0.32%
PHM	A	-0.32%
YUM	B	-0.32%
HSY	D	-0.31%
AEP	B	-0.31%
PAYX	A	-0.31%
BRO	A	-0.31%
FOXA	A	-0.31%
AOS	B	-0.3%
MSCI	B	-0.3%
CTRA	D	-0.3%
PKG	A	-0.3%
CMS	A	-0.3%
CLX	B	-0.3%
CL	D	-0.29%
CBRE	A	-0.29%
VICI	C	-0.29%
BWA	C	-0.29%
NOC	B	-0.29%
IPG	C	-0.28%
ANSS	D	-0.28%
AVB	C	-0.28%
GDDY	D	-0.28%
FDX	D	-0.28%
VTRS	D	-0.28%
CSX	D	-0.27%
NI	A	-0.27%
SBAC	B	-0.27%
WST	D	-0.27%
GL	C	-0.27%
HIG	A	-0.27%
OTIS	A	-0.27%
GNTX	F	-0.26%
EIX	A	-0.26%
MUSA	D	-0.26%
EQR	C	-0.26%
SEIC	B	-0.26%
VRSK	D	-0.25%
JBHT	D	-0.25%
WTW	A	-0.25%
JAZZ	F	-0.25%
SJM	B	-0.25%
SAIC	B	-0.25%
CPT	C	-0.24%
CNP	B	-0.24%
PNW	A	-0.24%
WPC	C	-0.24%
ROK	D	-0.24%
PPL	A	-0.24%
CAG	B	-0.24%
ELS	D	-0.23%
HOLX	D	-0.23%
BAH	A	-0.23%
WY	B	-0.23%
SYY	B	-0.23%
PPG	D	-0.23%
EMN	B	-0.23%
ZBH	F	-0.23%
CPB	D	-0.23%
TAP	D	-0.23%
CE	D	-0.23%
STE	D	-0.22%
DVA	B	-0.22%
SKX	C	-0.22%
UHS	D	-0.22%
JKHY	A	-0.22%
DLTR	F	-0.22%
G	A	-0.22%
DBX	C	-0.22%
DTE	A	-0.21%
LNT	A	-0.21%
ATR	A	-0.21%
MKC	B	-0.21%
L	D	-0.21%
CPAY	A	-0.21%
ROL	B	-0.21%
IEX	D	-0.21%
UDR	C	-0.2%
TXT	D	-0.2%
STLD	C	-0.2%
FE	A	-0.2%
CHD	B	-0.2%
AVY	B	-0.19%
MTD	B	-0.19%
FTV	B	-0.19%
BAX	D	-0.19%
CF	A	-0.19%
BG	D	-0.19%
DOV	C	-0.18%
RSG	D	-0.18%
HST	D	-0.18%
AWK	C	-0.18%
SSNC	C	-0.18%
AME	D	-0.18%
VVV	D	-0.18%
KHC	B	-0.18%
MKTX	C	-0.18%
VST	A	-0.17%
MNST	D	-0.17%
LII	C	-0.17%
DPZ	D	-0.17%
ODFL	D	-0.17%
NDAQ	C	-0.17%
DLB	D	-0.16%
OSK	F	-0.16%
CCK	A	-0.16%
LEA	F	-0.16%
CTVA	B	-0.16%
KNX	C	-0.16%
EXP	C	-0.16%
FOX	A	-0.16%
QGEN	D	-0.16%
ES	A	-0.15%
WU	D	-0.15%
BALL	B	-0.15%
PSN	A	-0.15%
TSN	D	-0.15%
LOPE	D	-0.15%
TW	A	-0.15%
WTRG	D	-0.14%
POST	B	-0.14%
NEU	F	-0.14%
QRVO	F	-0.14%
ESS	C	-0.14%
WHR	C	-0.14%
LKQ	F	-0.14%
TFX	B	-0.14%
HRL	F	-0.13%
PNR	A	-0.13%
VMC	D	-0.13%
NRG	A	-0.12%
SYF	C	-0.12%
LPLA	D	-0.12%
HUBB	A	-0.12%
SNX	C	-0.12%
CHRW	A	-0.11%
TECH	B	-0.11%
NBIX	F	-0.11%
NWSA	D	-0.11%
AWI	A	-0.1%
SLGN	A	-0.1%
OGN	D	-0.1%
COLM	B	-0.1%
MSGS	B	-0.1%
UHAL	A	-0.09%
PINC	F	-0.09%
CRI	D	-0.09%
AAON	B	-0.09%
CRL	F	-0.08%
LBRDK	C	-0.08%
GXO	D	-0.08%
AFG	B	-0.08%
TDY	B	-0.08%
CHH	C	-0.07%
KEX	C	-0.07%
NSA	C	-0.07%
HSIC	C	-0.07%
MORN	C	-0.06%
AES	B	-0.06%
ALK	B	-0.06%
FTRE	F	-0.06%
AAP	F	-0.06%
REYN	C	-0.06%
BEN	F	-0.06%
CNH	C	-0.06%
IPGP	D	-0.06%
ADC	B	-0.06%
LEG	D	-0.05%
FMC	B	-0.05%
SNDR	C	-0.05%
BFAM	C	-0.05%
FLS	B	-0.05%
PB	D	-0.05%
NWS	D	-0.04%
CGNX	F	-0.04%
IRDM	C	-0.04%
OLLI	C	-0.04%
AGR	C	-0.04%
THG	A	-0.04%
WWD	B	-0.04%
AMED	D	-0.04%
FIVE	D	-0.04%
SRCL	B	-0.04%
PAG	D	-0.03%
SEB	D	-0.03%
WLK	B	-0.03%
GTES	C	-0.03%
SAM	D	-0.03%
PPC	A	-0.02%
UHAL	A	-0.02%
CNA	D	-0.02%
ST	F	-0.02%
UAA	B	-0.01%