SMLF vs. QSML ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to WisdomTree U.S. SmallCap Quality Growth Fund (QSML)

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

QSML

WisdomTree U.S. SmallCap Quality Growth Fund

QSML Description

Under normal circumstances, the fund invests at least 80% of its net assets in the constituent securities of the index, each of which is a security issued by a small-cap company, identified in accordance with the index provider"s market-capitalization selection parameters, that is incorporated and headquartered in the United States.

Grade (RS Rating)

Last Trade

$0.00

Average Daily Volume

2,261

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	QSML
30 Days	7.55%	7.21%
60 Days	8.72%	7.33%
90 Days	9.84%	7.69%
12 Months	38.08%

119 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in QSML	Overlap
ACA	A	0.1%	0.72%	0.1%
ACAD	C	0.11%	0.38%	0.11%
ACLS	F	0.12%	0.29%	0.12%
AEIS	C	0.01%	0.58%	0.01%
AGYS	A	0.04%	0.47%	0.04%
ALRM	C	0.03%	0.43%	0.03%
AMN	F	0.03%	0.13%	0.03%
AMPH	F	0.07%	0.3%	0.07%
AMR	C	0.14%	0.44%	0.14%
ARCB	C	0.02%	0.36%	0.02%
ARCH	B	0.03%	0.46%	0.03%
ARRY	F	0.04%	0.11%	0.04%
ASGN	F	0.01%	0.54%	0.01%
ASO	F	0.06%	0.49%	0.06%
ATRC	C	0.03%	0.25%	0.03%
BAND	B	0.11%	0.07%	0.07%
BASE	B	0.12%	0.15%	0.12%
BKE	B	0.12%	0.34%	0.12%
BL	B	0.16%	0.49%	0.16%
BLMN	F	0.05%	0.14%	0.05%
BOX	B	0.08%	0.7%	0.08%
BRY	F	0.02%	0.05%	0.02%
CAKE	C	0.01%	0.34%	0.01%
CALX	D	0.02%	0.3%	0.02%
CAR	C	0.09%	0.52%	0.09%
CARG	B	0.11%	0.5%	0.11%
CARS	C	0.08%	0.17%	0.08%
CEIX	A	0.07%	0.57%	0.07%
CNS	B	0.03%	0.72%	0.03%
CORT	B	0.3%	0.73%	0.3%
COUR	F	0.09%	0.16%	0.09%
CPRX	C	0.24%	0.35%	0.24%
CRAI	C	0.01%	0.18%	0.01%
CSWI	B	0.08%	0.91%	0.08%
CVCO	A	0.16%	0.55%	0.16%
CVI	F	0.03%	0.28%	0.03%
DFIN	D	0.11%	0.24%	0.11%
DOCN	C	0.02%	0.48%	0.02%
DVAX	C	0.09%	0.23%	0.09%
ENS	F	0.04%	0.53%	0.04%
ENVA	B	0.01%	0.4%	0.01%
EVRI	A	0.02%	0.16%	0.02%
EVTC	B	0.03%	0.33%	0.03%
FHI	B	0.11%	0.49%	0.11%
FLYW	B	0.04%	0.4%	0.04%
GEF	A	0.01%	0.57%	0.01%
GMS	B	0.08%	0.56%	0.08%
GO	C	0.01%	0.26%	0.01%
GOLF	B	0.13%	0.62%	0.13%
GPI	B	0.22%	0.79%	0.22%
HCC	B	0.06%	0.54%	0.06%
HEES	C	0.09%	0.29%	0.09%
HIMS	B	0.1%	0.67%	0.1%
HOV	D	0.1%	0.15%	0.1%
HURN	C	0.25%	0.29%	0.25%
HWKN	B	0.06%	0.37%	0.06%
IDCC	B	0.09%	0.64%	0.09%
IDT	B	0.04%	0.18%	0.04%
IESC	C	0.03%	0.87%	0.03%
IMKTA	C	0.24%	0.19%	0.19%
INSP	D	0.12%	0.72%	0.12%
INTA	B	0.27%	0.59%	0.27%
IOSP	C	0.04%	0.4%	0.04%
IPAR	B	0.13%	0.57%	0.13%
JBSS	F	0.17%	0.14%	0.14%
KAI	B	0.13%	0.66%	0.13%
KFY	B	0.02%	0.57%	0.02%
KLIC	B	0.1%	0.35%	0.1%
KOS	D	0.05%	0.29%	0.05%
LMAT	A	0.02%	0.32%	0.02%
LOVE	A	0.11%	0.07%	0.07%
LRN	A	0.16%	0.62%	0.16%
MATX	C	0.21%	0.74%	0.21%
MC	C	0.0%	0.74%	0.0%
MED	D	0.06%	0.03%	0.03%
MITK	C	0.01%	0.05%	0.01%
MTRN	C	0.1%	0.33%	0.1%
NARI	C	0.07%	0.42%	0.07%
NRC	F	0.03%	0.04%	0.03%
NSP	F	0.11%	0.39%	0.11%
NSSC	D	0.08%	0.18%	0.08%
NX	C	0.03%	0.14%	0.03%
OSUR	F	0.01%	0.04%	0.01%
OXM	F	0.06%	0.17%	0.06%
PIPR	A	0.34%	0.84%	0.34%
PLUS	F	0.07%	0.3%	0.07%
POWI	F	0.01%	0.48%	0.01%
POWL	C	0.38%	0.56%	0.38%
PRGS	A	0.18%	0.4%	0.18%
PZZA	F	0.05%	0.22%	0.05%
REVG	C	0.03%	0.2%	0.03%
RUSHA	C	0.06%	0.65%	0.06%
RYI	C	0.03%	0.12%	0.03%
SAH	C	0.04%	0.3%	0.04%
SKY	A	0.15%	0.81%	0.15%
SNEX	B	0.07%	0.44%	0.07%
SONO	C	0.05%	0.22%	0.05%
SPT	C	0.14%	0.18%	0.14%
SSTK	F	0.11%	0.16%	0.11%
STRL	A	0.29%	0.85%	0.29%
SUPN	C	0.03%	0.27%	0.03%
TEX	F	0.19%	0.49%	0.19%
TPB	B	0.04%	0.15%	0.04%
TPH	D	0.14%	0.56%	0.14%
TR	B	0.01%	0.33%	0.01%
UNFI	A	0.02%	0.17%	0.02%
UPWK	B	0.01%	0.28%	0.01%
VC	F	0.08%	0.36%	0.08%
VCEL	B	0.03%	0.38%	0.03%
VIR	D	0.08%	0.11%	0.08%
VITL	D	0.03%	0.17%	0.03%
VMEO	B	0.13%	0.16%	0.13%
VSH	F	0.09%	0.3%	0.09%
VSTO	A	0.14%	0.36%	0.14%
WGO	C	0.05%	0.26%	0.05%
WNC	C	0.07%	0.12%	0.07%
WOR	F	0.08%	0.28%	0.08%
YELP	C	0.06%	0.35%	0.06%
YETI	D	0.08%	0.44%	0.08%

SMLF Overweight 691 Positions Relative to QSML

Symbol	Grade	Weight
APP	B	1.49%
EME	A	0.94%
EVR	B	0.81%
MSTR	B	0.73%
DECK	A	0.72%
AXON	A	0.66%
SFM	A	0.6%
ALSN	B	0.56%
NTNX	B	0.56%
JBL	C	0.55%
BPOP	C	0.53%
MANH	D	0.5%
SLG	B	0.49%
MLI	B	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	A	0.43%
WSM	C	0.42%
PCOR	B	0.42%
CSL	C	0.41%
COOP	B	0.41%
LPX	B	0.41%
IOT	A	0.41%
VNO	C	0.41%
ORI	A	0.41%
JEF	A	0.4%
HRB	D	0.4%
NTRA	A	0.4%
LBRDA	C	0.4%
GTLB	B	0.39%
EWBC	A	0.39%
UTHR	C	0.38%
DKS	D	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	C	0.33%
JHG	B	0.31%
HSII	B	0.31%
WSO	A	0.31%
ITT	A	0.31%
FLEX	B	0.31%
FR	D	0.31%
SOLV	D	0.31%
MAC	B	0.31%
DDS	B	0.31%
THC	D	0.31%
TPR	B	0.3%
ALKS	C	0.3%
SPXC	A	0.3%
ANF	F	0.3%
CHE	D	0.3%
GGG	B	0.3%
EXE	A	0.29%
TTEK	F	0.29%
PSTG	D	0.29%
PRI	B	0.28%
R	B	0.28%
AGO	B	0.27%
SN	D	0.27%
FCNCA	A	0.27%
SMAR	B	0.26%
ESTC	C	0.26%
SIG	B	0.26%
GPK	C	0.26%
AMH	C	0.25%
OVV	B	0.25%
MOD	A	0.25%
CFR	B	0.25%
TPX	B	0.24%
CBSH	B	0.24%
TREX	C	0.24%
RMBS	B	0.24%
AN	C	0.24%
SKT	A	0.24%
HALO	F	0.24%
EXEL	B	0.24%
ZION	B	0.24%
CW	C	0.23%
ENTG	D	0.23%
GAP	C	0.23%
LSCC	D	0.23%
AMG	B	0.23%
YOU	D	0.23%
UFPI	C	0.23%
EXLS	B	0.23%
BCC	B	0.22%
SANM	B	0.22%
APA	D	0.22%
RPM	A	0.22%
WS	C	0.22%
COKE	C	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	F	0.2%
ETSY	D	0.2%
LIVN	F	0.2%
RDDT	A	0.2%
XRAY	F	0.2%
ELF	C	0.2%
ATKR	D	0.2%
RRX	B	0.2%
AGCO	D	0.2%
DTM	A	0.2%
DNLI	D	0.2%
BBWI	C	0.2%
HAE	C	0.2%
WCC	B	0.2%
TPG	A	0.2%
LUMN	C	0.2%
M	F	0.19%
RNG	C	0.19%
SMG	C	0.19%
JOE	F	0.19%
CROX	D	0.19%
NAVI	F	0.19%
ACM	B	0.19%
GH	B	0.19%
MUR	D	0.19%
HAS	D	0.19%
RRC	B	0.19%
HLI	A	0.18%
KNSL	B	0.18%
XRX	F	0.18%
ARW	D	0.18%
TDOC	C	0.18%
NDSN	B	0.18%
VCYT	B	0.18%
ESAB	C	0.18%
USFD	A	0.18%
HIW	C	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	F	0.17%
BRC	D	0.17%
LNTH	D	0.17%
PDM	D	0.17%
PRG	C	0.17%
KRG	B	0.17%
RHI	C	0.17%
XPO	B	0.17%
AIZ	A	0.17%
EXTR	C	0.17%
PRKS	B	0.17%
SF	B	0.17%
KIM	A	0.16%
IVT	A	0.16%
SRCE	B	0.16%
ALLE	C	0.16%
BMI	B	0.16%
BJ	A	0.16%
WTM	A	0.16%
SLM	A	0.16%
TOL	B	0.16%
GME	C	0.16%
TNL	A	0.16%
CNO	B	0.16%
AGNC	C	0.16%
FAF	A	0.16%
OMF	A	0.16%
PGRE	F	0.16%
KFRC	D	0.16%
GATX	A	0.15%
LBTYA	F	0.15%
GNRC	C	0.15%
SBGI	B	0.15%
HOG	D	0.15%
ONON	A	0.15%
XNCR	B	0.15%
GES	F	0.15%
RL	C	0.15%
ONTO	F	0.15%
W	D	0.15%
VMI	B	0.15%
FTAI	A	0.15%
DOCS	C	0.15%
SPB	C	0.15%
ABG	C	0.15%
CWEN	C	0.15%
ESI	B	0.15%
UMBF	B	0.14%
RGLD	C	0.14%
ATI	C	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	A	0.14%
NOVT	D	0.14%
IONS	F	0.14%
PI	D	0.14%
CMC	B	0.14%
BRKR	D	0.14%
NJR	A	0.14%
ENSG	C	0.14%
UA	C	0.14%
TTC	C	0.14%
YEXT	B	0.14%
PCTY	C	0.14%
SCI	B	0.14%
AY	A	0.14%
SSD	F	0.14%
BLKB	B	0.13%
BPMC	B	0.13%
THO	B	0.13%
NFG	A	0.13%
TNET	F	0.13%
ACCO	C	0.13%
OGS	A	0.13%
BRZE	C	0.13%
BWXT	B	0.13%
RYAN	A	0.13%
BDN	C	0.13%
QLYS	B	0.13%
SFBS	C	0.13%
FYBR	C	0.13%
NUVL	C	0.13%
AA	A	0.13%
SR	A	0.12%
MAT	D	0.12%
AROC	A	0.12%
AWR	B	0.12%
SAIA	B	0.12%
KBR	F	0.12%
GEO	B	0.12%
SATS	D	0.12%
NYT	D	0.12%
OGE	A	0.12%
GFF	A	0.12%
WH	B	0.12%
KRC	B	0.12%
WEN	D	0.12%
NOV	C	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%
CYTK	F	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	B	0.11%
PARA	C	0.11%
PTEN	C	0.11%
OII	B	0.11%
CUBE	C	0.11%
MFA	D	0.11%
HTH	C	0.11%
CRUS	D	0.11%
SPSC	D	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%
BCRX	D	0.11%
KW	C	0.1%
ASB	B	0.1%
CHDN	B	0.1%
HP	C	0.1%
DNOW	B	0.1%
BECN	B	0.1%
EXPI	D	0.1%
PNFP	B	0.1%
IVZ	B	0.1%
UGI	C	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	A	0.1%
LSTR	D	0.1%
NNN	C	0.1%
HUN	F	0.1%
ICFI	F	0.1%
SYNA	C	0.1%
X	B	0.1%
ALX	D	0.1%
LYFT	C	0.1%
CMPR	D	0.1%
AGM	B	0.1%
WAL	B	0.1%
BERY	C	0.1%
INSM	C	0.1%
WMS	F	0.1%
VRNS	D	0.1%
EEFT	B	0.09%
CXT	C	0.09%
MTSI	B	0.09%
WSC	F	0.09%
PHIN	A	0.09%
JACK	C	0.09%
MRC	B	0.09%
MTN	C	0.09%
PCVX	D	0.09%
ATEN	A	0.09%
APG	B	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%
PLNT	A	0.09%
EGP	D	0.09%
BC	C	0.09%
ALIT	C	0.09%
TGNA	B	0.09%
TMHC	C	0.09%
OHI	C	0.09%
INVA	D	0.09%
MTG	C	0.09%
UPBD	B	0.09%
AMLX	C	0.09%
OLN	F	0.09%
WEX	D	0.09%
CUBI	B	0.09%
SON	F	0.09%
CRS	B	0.09%
EXPO	D	0.09%
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	B	0.08%
OZK	B	0.08%
CAL	F	0.08%
ELAN	D	0.08%
MKSI	C	0.08%
SCS	C	0.08%
OSCR	D	0.08%
FHB	B	0.08%
PD	C	0.08%
KN	B	0.08%
MASI	B	0.08%
CACC	D	0.08%
DLX	B	0.08%
VFC	C	0.08%
AGX	B	0.08%
CUZ	B	0.08%
KSS	F	0.08%
MIDD	C	0.08%
BDC	C	0.08%
ALV	C	0.08%
CNMD	C	0.07%
AFRM	A	0.07%
UNIT	B	0.07%
CLH	C	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%
WYNN	C	0.07%
MATV	D	0.07%
VAC	C	0.07%
RIG	D	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%
ASH	F	0.07%
KNF	B	0.07%
SM	B	0.07%
TXRH	B	0.07%
NXST	C	0.07%
NVST	B	0.06%
CC	C	0.06%
AVXL	B	0.06%
AVDX	B	0.06%
GPMT	C	0.06%
COTY	F	0.06%
S	B	0.06%
FN	C	0.06%
TNC	D	0.06%
NXT	C	0.06%
ILPT	F	0.06%
AMCX	C	0.06%
CNX	A	0.06%
TRN	B	0.06%
STWD	C	0.06%
MCY	A	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%
LADR	B	0.06%
NSIT	F	0.06%
SOFI	B	0.06%
FLO	D	0.06%
RDN	D	0.06%
WTTR	A	0.06%
CASY	A	0.06%
IRTC	C	0.06%
RYN	D	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%
AZEK	A	0.06%
OTTR	C	0.06%
HE	C	0.06%
UVV	B	0.06%
KD	B	0.06%
FOLD	F	0.05%
AVAV	C	0.05%
ITGR	B	0.05%
SNV	C	0.05%
ACI	C	0.05%
FFIN	B	0.05%
CVBF	A	0.05%
ITRI	C	0.05%
LBTYK	A	0.05%
EHC	B	0.05%
TILE	B	0.05%
BEAM	D	0.05%
SITE	F	0.05%
CERS	D	0.05%
AEO	F	0.05%
AMBC	C	0.05%
PATH	C	0.05%
HOUS	F	0.05%
MERC	F	0.05%
TARS	C	0.05%
SMTC	B	0.05%
ZIP	D	0.05%
VNT	C	0.05%
THR	B	0.05%
WBS	A	0.05%
APLS	F	0.05%
LFUS	D	0.05%
ASAN	B	0.05%
WBA	F	0.05%
PK	C	0.05%
MDXG	B	0.05%
LECO	C	0.05%
CENTA	C	0.05%
ARWR	D	0.04%
FCN	F	0.04%
MAN	F	0.04%
HPP	F	0.04%
STAG	D	0.04%
MDU	D	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%
PRGO	C	0.04%
LPG	F	0.04%
AGS	A	0.04%
SANA	F	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%
ROKU	D	0.04%
BILL	A	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%
ACHC	F	0.04%
HSTM	B	0.04%
MMS	F	0.04%
FHN	A	0.04%
BCPC	B	0.04%
TDS	B	0.04%
RCUS	F	0.04%
JANX	C	0.03%
SWIM	C	0.03%
AXTA	B	0.03%
GMED	A	0.03%
ALHC	C	0.03%
VIAV	C	0.03%
RDFN	D	0.03%
ADT	C	0.03%
MOG.A	B	0.03%
LTH	C	0.03%
CHRD	D	0.03%
FL	F	0.03%
VNDA	C	0.03%
RGNX	D	0.03%
EMBC	C	0.03%
DNB	B	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	D	0.03%
OFIX	C	0.03%
XHR	B	0.03%
CIEN	C	0.03%
VIRT	A	0.03%
QDEL	F	0.03%
SNBR	F	0.03%
CHWY	B	0.03%
UDMY	D	0.03%
SLAB	F	0.03%
BRSP	C	0.03%
CDP	C	0.03%
MGNI	B	0.03%
HNI	B	0.03%
ACCD	D	0.03%
CGEM	F	0.03%
IVR	F	0.03%
TCBI	C	0.03%
RPD	B	0.03%
SPRY	C	0.03%
RLI	A	0.03%
RKT	F	0.03%
UVE	B	0.03%
OI	C	0.03%
OLED	F	0.03%
BKD	F	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	0.02%
SSB	B	0.02%
CACI	D	0.02%
SLVM	B	0.02%
OSIS	A	0.02%
MSM	C	0.02%
TSE	F	0.02%
KVYO	C	0.02%
ARCT	F	0.02%
OMER	A	0.02%
VSTS	C	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%
MSA	F	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	C	0.02%
DAN	D	0.02%
ALAB	B	0.02%
NWL	C	0.02%
NUS	D	0.02%
EPR	C	0.02%
BMBL	C	0.02%
OPI	F	0.02%
IRWD	F	0.02%
FSS	B	0.02%
WTFC	A	0.02%
MTW	C	0.02%
DY	D	0.02%
DBI	F	0.02%
CLVT	D	0.02%
PR	B	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%
PDCO	F	0.02%
CWK	C	0.01%
ALGM	D	0.01%
VAL	F	0.01%
DINO	D	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%
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%
SWI	C	0.01%
NTLA	F	0.01%
VRE	B	0.01%
ROIV	C	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%
HMST	F	0.01%
AXS	A	0.01%
STGW	A	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GWRE	A	0.01%
RHP	B	0.01%
PYCR	B	0.01%
HTZ	C	0.01%
MBLY	C	0.01%
HAIN	D	0.01%
SWTX	C	0.01%
KALU	C	0.01%
PII	F	0.01%
NEXA	B	0.01%
BYD	B	0.01%
HXL	F	0.01%
NFBK	C	0.01%
SHO	D	0.01%
MAGN	D	0.0%
BFH	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	C	0.0%
GNW	A	0.0%
PFBC	B	0.0%
CASH	B	0.0%
UNM	A	0.0%
TBBK	B	0.0%
FBP	C	0.0%
PRDO	B	0.0%
BKU	A	0.0%
CMA	B	0.0%
AX	B	0.0%
OFG	B	0.0%

SMLF Underweight 212 Positions Relative to QSML

Symbol	Grade	Weight
FOUR	A	-0.91%
HRI	C	-0.87%
CRVL	B	-0.87%
UPST	B	-0.81%
SNDR	B	-0.76%
KTB	B	-0.71%
CALM	A	-0.7%
ROAD	B	-0.7%
FELE	B	-0.68%
SEM	B	-0.68%
LOPE	C	-0.67%
FIZZ	C	-0.62%
WHD	B	-0.62%
PRIM	A	-0.62%
STEP	C	-0.62%
NOG	B	-0.61%
MHO	D	-0.61%
VCTR	B	-0.61%
DORM	B	-0.6%
HGV	C	-0.6%
UAA	C	-0.59%
CRK	B	-0.58%
USLM	A	-0.58%
CCOI	B	-0.57%
FTDR	B	-0.56%
CBZ	B	-0.55%
VRRM	F	-0.55%
MWA	B	-0.54%
ALKT	B	-0.54%
BOOT	C	-0.54%
SMPL	B	-0.54%
WDFC	B	-0.53%
SAM	C	-0.53%
PJT	A	-0.53%
BTU	B	-0.51%
KNTK	A	-0.51%
HAYW	B	-0.5%
DV	C	-0.47%
SHOO	F	-0.45%
NMIH	C	-0.44%
RRR	F	-0.43%
LBRT	D	-0.43%
GSHD	A	-0.43%
HUBG	A	-0.43%
GRBK	D	-0.43%
PATK	C	-0.42%
LCII	C	-0.42%
MGRC	B	-0.41%
VSCO	C	-0.41%
KWR	C	-0.41%
CCS	D	-0.4%
DRVN	B	-0.38%
PSMT	D	-0.38%
TMDX	F	-0.38%
PLMR	A	-0.38%
AZZ	A	-0.38%
DIOD	D	-0.36%
MCW	C	-0.36%
DFH	D	-0.36%
LGIH	F	-0.35%
MYRG	B	-0.35%
RVLV	A	-0.35%
VICR	C	-0.34%
STRA	C	-0.33%
CABO	B	-0.33%
UFPT	C	-0.32%
ALG	B	-0.32%
VZIO	A	-0.31%
ROCK	C	-0.3%
SEMR	C	-0.29%
ASTH	F	-0.29%
EVCM	B	-0.29%
PTGX	D	-0.28%
ADUS	D	-0.27%
HRMY	D	-0.26%
NABL	F	-0.25%
DSGR	C	-0.25%
MBIN	F	-0.25%
VRTS	B	-0.24%
MCRI	A	-0.23%
MODG	F	-0.23%
CHEF	A	-0.23%
ANDE	D	-0.23%
WINA	C	-0.22%
PLAB	C	-0.22%
UCTT	D	-0.22%
ATSG	B	-0.22%
NVEE	F	-0.21%
LNN	B	-0.21%
PLAY	D	-0.21%
GDRX	F	-0.21%
AMRC	F	-0.2%
FOXF	F	-0.2%
UTZ	D	-0.19%
ULH	C	-0.19%
MRTN	D	-0.19%
GDYN	B	-0.18%
COHU	C	-0.18%
STAA	F	-0.18%
RES	D	-0.18%
HCI	C	-0.17%
LMB	B	-0.16%
CWH	B	-0.16%
PDFS	C	-0.16%
BBSI	B	-0.16%
XPEL	B	-0.16%
GIC	D	-0.15%
VTOL	B	-0.15%
CRCT	F	-0.15%
JBI	F	-0.15%
UTI	B	-0.15%
BXC	B	-0.15%
ACMR	D	-0.15%
PGNY	F	-0.15%
ACEL	C	-0.14%
BELFB	C	-0.14%
HTLD	C	-0.14%
MGPI	F	-0.14%
COLL	F	-0.14%
VTLE	C	-0.14%
SCVL	F	-0.14%
RSI	A	-0.13%
TRNS	D	-0.13%
KRUS	B	-0.13%
CTKB	C	-0.12%
HCKT	B	-0.12%
FIGS	F	-0.12%
FWRD	D	-0.12%
TH	C	-0.12%
MBUU	B	-0.12%
REPX	A	-0.11%
KOP	C	-0.11%
ARKO	C	-0.11%
LPRO	B	-0.11%
PARR	F	-0.11%
HAYN	A	-0.11%
REX	D	-0.11%
LQDT	B	-0.11%
MLR	C	-0.11%
IMXI	B	-0.1%
RGR	F	-0.1%
WRLD	C	-0.1%
PCRX	C	-0.1%
HZO	F	-0.1%
EYE	C	-0.1%
AMRK	F	-0.1%
PUBM	C	-0.1%
SNCY	C	-0.1%
CDMO	A	-0.1%
METC	C	-0.1%
SHLS	F	-0.1%
LEGH	D	-0.09%
EVER	D	-0.09%
SWBI	C	-0.09%
MRVI	F	-0.09%
LXU	B	-0.09%
PLPC	B	-0.09%
IRMD	C	-0.09%
CTLP	B	-0.09%
RICK	B	-0.08%
CSV	B	-0.08%
FLGT	F	-0.08%
ORGO	B	-0.08%
GCMG	B	-0.08%
IIIV	C	-0.08%
EGY	D	-0.08%
UWMC	D	-0.08%
IIIN	C	-0.08%
SD	D	-0.07%
ODC	B	-0.07%
CRSR	C	-0.07%
KE	C	-0.07%
LESL	D	-0.07%
THRY	D	-0.07%
DHIL	B	-0.07%
HNRG	B	-0.07%
SLP	D	-0.07%
HUMA	F	-0.07%
BBW	C	-0.07%
TCMD	B	-0.06%
CLFD	F	-0.06%
MCFT	C	-0.06%
ONEW	F	-0.05%
SMLR	B	-0.05%
DSP	A	-0.05%
CCRN	F	-0.05%
REI	D	-0.05%
LAW	F	-0.05%
RNGR	A	-0.05%
NEWT	C	-0.05%
MYE	F	-0.05%
LSEA	D	-0.05%
IPI	C	-0.05%
HVT	D	-0.05%
TITN	C	-0.05%
ZYXI	D	-0.04%
UTMD	F	-0.04%
AMPY	C	-0.04%
HDSN	F	-0.04%
CLW	F	-0.04%
ZEUS	C	-0.04%
VYGR	F	-0.04%
AEHR	F	-0.04%
EWCZ	F	-0.04%
CRMT	D	-0.03%
TTEC	F	-0.03%
EVC	C	-0.03%
EPM	A	-0.03%
INTT	C	-0.02%
RCMT	C	-0.02%
NRDY	C	-0.01%
LUNA	F	-0.0%