SMLF vs. SMMV ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV)

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

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$44.00

Average Daily Volume

37,615

Number of Holdings ^*

289

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	SMMV
30 Days	10.53%	7.13%
60 Days	10.49%	7.74%
90 Days	11.95%	9.63%
12 Months	40.74%	29.90%

127 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in SMMV	Overlap
ACAD	D	0.11%	0.05%	0.05%
ACHC	F	0.04%	0.06%	0.04%
ACLX	C	0.17%	0.11%	0.11%
ADEA	D	0.06%	0.05%	0.05%
ADMA	B	0.06%	0.21%	0.06%
AGX	B	0.08%	0.33%	0.08%
ALKS	B	0.3%	0.71%	0.3%
ALRM	C	0.03%	0.1%	0.03%
AM	A	0.37%	0.36%	0.36%
ANAB	F	0.04%	0.03%	0.03%
ARCH	B	0.03%	0.16%	0.03%
ASH	D	0.07%	0.23%	0.07%
ATEN	B	0.09%	0.18%	0.09%
AWR	B	0.12%	0.19%	0.12%
AXS	A	0.01%	1.32%	0.01%
BJ	A	0.16%	0.73%	0.16%
BLKB	B	0.13%	0.14%	0.13%
BOX	B	0.08%	0.07%	0.07%
BRC	D	0.17%	0.63%	0.17%
BWXT	B	0.13%	0.78%	0.13%
CACI	D	0.02%	0.81%	0.02%
CASY	A	0.06%	0.79%	0.06%
CEIX	A	0.07%	0.08%	0.07%
CGEM	F	0.03%	0.03%	0.03%
CHCO	B	0.0%	0.11%	0.0%
CHE	D	0.3%	1.32%	0.3%
CIEN	B	0.03%	0.15%	0.03%
CNX	A	0.06%	0.17%	0.06%
COKE	C	0.22%	0.06%	0.06%
CORT	B	0.3%	0.3%	0.3%
CRAI	B	0.01%	0.25%	0.01%
CSWI	A	0.08%	0.45%	0.08%
CVLT	B	0.08%	1.12%	0.08%
CW	B	0.23%	0.71%	0.23%
CXW	B	0.11%	0.16%	0.11%
DAWN	F	0.04%	0.04%	0.04%
DCI	B	0.18%	0.31%	0.18%
DTM	B	0.2%	1.14%	0.2%
DVAX	C	0.09%	0.29%	0.09%
EDR	A	0.02%	0.19%	0.02%
EHC	B	0.05%	1.08%	0.05%
EIG	B	0.0%	0.26%	0.0%
ENSG	D	0.14%	1.06%	0.14%
EPAC	B	0.07%	0.09%	0.07%
EQC	B	0.07%	0.4%	0.07%
EXEL	B	0.24%	1.73%	0.24%
FCN	D	0.04%	0.61%	0.04%
FLO	D	0.06%	0.82%	0.06%
GEO	B	0.12%	0.09%	0.09%
GO	C	0.01%	0.3%	0.01%
GPK	C	0.26%	0.11%	0.11%
GWRE	A	0.01%	0.09%	0.01%
HALO	F	0.24%	0.12%	0.12%
HCC	B	0.06%	0.16%	0.06%
HLI	B	0.18%	0.38%	0.18%
HQY	B	0.01%	1.23%	0.01%
HRB	D	0.4%	0.47%	0.4%
HSTM	B	0.04%	0.14%	0.04%
HURN	B	0.25%	0.42%	0.25%
HWKN	B	0.06%	0.28%	0.06%
IBKR	A	0.45%	0.54%	0.45%
ICFI	F	0.1%	0.15%	0.1%
IDA	A	0.46%	1.12%	0.46%
IDCC	A	0.09%	0.31%	0.09%
IDT	B	0.04%	0.15%	0.04%
IMKTA	C	0.24%	0.19%	0.19%
INSM	C	0.1%	0.58%	0.1%
INVA	D	0.09%	0.21%	0.09%
IONS	F	0.14%	0.45%	0.14%
IRWD	F	0.02%	0.09%	0.02%
ITCI	C	0.06%	0.08%	0.06%
JBSS	D	0.17%	0.14%	0.14%
KBR	F	0.12%	0.42%	0.12%
LANC	C	0.02%	0.32%	0.02%
LBTYK	A	0.05%	0.13%	0.05%
LMAT	A	0.02%	0.12%	0.02%
LRN	A	0.16%	0.7%	0.16%
LSTR	D	0.1%	0.81%	0.1%
MATX	C	0.21%	0.08%	0.08%
MCY	A	0.06%	0.38%	0.06%
MDU	D	0.04%	0.59%	0.04%
MITK	C	0.01%	0.03%	0.01%
MMS	F	0.04%	0.23%	0.04%
MSA	D	0.02%	0.44%	0.02%
MSM	C	0.02%	0.57%	0.02%
NJR	A	0.14%	0.24%	0.14%
NRC	F	0.03%	0.06%	0.03%
NSIT	F	0.06%	0.3%	0.06%
NTCT	C	0.11%	0.18%	0.11%
NTNX	A	0.56%	0.11%	0.11%
NYT	C	0.12%	0.4%	0.12%
OGE	B	0.12%	1.16%	0.12%
OGS	A	0.13%	0.14%	0.13%
OHI	C	0.09%	0.6%	0.09%
OPCH	D	0.08%	0.19%	0.08%
ORI	A	0.41%	1.57%	0.41%
OSIS	B	0.02%	0.07%	0.02%
PBF	D	0.02%	0.06%	0.02%
PBH	A	0.09%	0.77%	0.09%
PCVX	D	0.09%	0.47%	0.09%
PDCO	D	0.02%	0.3%	0.02%
POR	C	0.07%	0.49%	0.07%
PRDO	B	0.0%	0.35%	0.0%
PRGO	B	0.04%	0.15%	0.04%
PRGS	A	0.18%	0.51%	0.18%
RAMP	C	0.02%	0.06%	0.02%
RGLD	C	0.14%	1.39%	0.14%
RLI	B	0.03%	1.25%	0.03%
RNR	C	0.21%	0.93%	0.21%
RYAN	B	0.13%	0.69%	0.13%
SCI	B	0.14%	0.25%	0.14%
SFM	A	0.6%	1.07%	0.6%
SON	D	0.09%	0.43%	0.09%
SPRY	D	0.03%	0.09%	0.03%
SR	A	0.12%	0.07%	0.07%
SWX	B	0.01%	0.18%	0.01%
TARS	B	0.05%	0.08%	0.05%
TGNA	B	0.09%	0.5%	0.09%
TXNM	A	0.11%	0.75%	0.11%
TXRH	C	0.07%	0.62%	0.07%
UNM	A	0.0%	1.16%	0.0%
UVE	B	0.03%	0.12%	0.03%
VIRT	B	0.03%	0.5%	0.03%
VITL	D	0.03%	0.08%	0.03%
WEN	D	0.12%	0.6%	0.12%
WTM	A	0.16%	0.93%	0.16%
YELP	C	0.06%	0.25%	0.06%

SMLF Overweight 683 Positions Relative to SMMV

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%
ALSN	B	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%
LPX	B	0.41%
IOT	A	0.41%
VNO	B	0.41%
JEF	A	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%
WING	D	0.36%
CNM	D	0.36%
WFRD	D	0.35%
CR	A	0.35%
AYI	B	0.35%
PIPR	B	0.34%
CAVA	B	0.34%
WK	B	0.34%
LAMR	D	0.33%
JHG	A	0.31%
HSII	B	0.31%
WSO	A	0.31%
ITT	A	0.31%
FLEX	A	0.31%
FR	C	0.31%
SOLV	C	0.31%
MAC	B	0.31%
DDS	B	0.31%
THC	D	0.31%
TPR	B	0.3%
SPXC	A	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%
R	B	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%
AMH	D	0.25%
OVV	B	0.25%
MOD	A	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%
ZION	B	0.24%
ENTG	D	0.23%
GAP	C	0.23%
LSCC	D	0.23%
AMG	B	0.23%
YOU	D	0.23%
UFPI	B	0.23%
EXLS	B	0.23%
BCC	B	0.22%
SANM	B	0.22%
GPI	A	0.22%
APA	D	0.22%
RPM	A	0.22%
WS	B	0.22%
AXSM	B	0.22%
AR	B	0.21%
TOST	B	0.21%
BLD	D	0.21%
AZPN	A	0.21%
SRPT	D	0.2%
ETSY	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%
DNLI	D	0.2%
BBWI	D	0.2%
HAE	C	0.2%
WCC	B	0.2%
TPG	A	0.2%
LUMN	C	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%
NAVI	C	0.19%
ACM	A	0.19%
GH	B	0.19%
MUR	D	0.19%
HAS	D	0.19%
RRC	B	0.19%
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	B	0.18%
USFD	A	0.18%
HIW	D	0.18%
OC	A	0.18%
GLPI	C	0.18%
FROG	C	0.18%
AVNT	B	0.18%
MMYT	B	0.17%
VOYA	B	0.17%
PVH	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%
RHI	B	0.17%
XPO	B	0.17%
AIZ	A	0.17%
EXTR	B	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%
BL	B	0.16%
BMI	B	0.16%
SLM	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%
XNCR	B	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%
ABG	B	0.15%
CWEN	C	0.15%
SKY	A	0.15%
ESI	A	0.15%
AMR	C	0.14%
UMBF	B	0.14%
ATI	D	0.14%
VSTO	A	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	B	0.14%
NOVT	D	0.14%
PI	D	0.14%
CMC	B	0.14%
BRKR	D	0.14%
UA	C	0.14%
TTC	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%
THO	B	0.13%
IPAR	B	0.13%
NFG	A	0.13%
TNET	D	0.13%
ACCO	C	0.13%
BRZE	C	0.13%
GOLF	B	0.13%
KAI	A	0.13%
BDN	C	0.13%
QLYS	C	0.13%
SFBS	B	0.13%
FYBR	D	0.13%
NUVL	D	0.13%
AA	B	0.13%
MAT	D	0.12%
INSP	D	0.12%
AROC	B	0.12%
SAIA	B	0.12%
BASE	C	0.12%
SATS	D	0.12%
ACLS	F	0.12%
GFF	A	0.12%
BKE	B	0.12%
WH	B	0.12%
KRC	C	0.12%
NOV	C	0.12%
AIT	A	0.12%
CBT	C	0.12%
BSY	D	0.12%
WAFD	B	0.12%
WTS	B	0.12%
FHI	A	0.11%
CYTK	F	0.11%
LAZ	B	0.11%
IBOC	A	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%
CUBE	D	0.11%
MFA	D	0.11%
HTH	B	0.11%
CRUS	D	0.11%
CARG	C	0.11%
SPSC	C	0.11%
BAND	B	0.11%
ODP	F	0.11%
CHX	C	0.11%
APOG	B	0.11%
MCB	B	0.11%
MDGL	B	0.11%
NSP	D	0.11%
BCRX	D	0.11%
KW	B	0.1%
MTRN	C	0.1%
ASB	B	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%
PNFP	B	0.1%
IVZ	B	0.1%
UGI	A	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	B	0.1%
NNN	D	0.1%
HUN	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%
KLIC	B	0.1%
BERY	B	0.1%
WMS	D	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
EEFT	B	0.09%
VSH	D	0.09%
CXT	B	0.09%
MTSI	B	0.09%
WSC	D	0.09%
PHIN	A	0.09%
JACK	D	0.09%
MRC	B	0.09%
MTN	C	0.09%
HEES	B	0.09%
APG	B	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%
PLNT	A	0.09%
EGP	F	0.09%
BC	C	0.09%
ALIT	C	0.09%
TMHC	B	0.09%
MTG	C	0.09%
COUR	F	0.09%
UPBD	B	0.09%
AMLX	C	0.09%
OLN	D	0.09%
WEX	D	0.09%
CUBI	C	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%
HWC	B	0.08%
VIR	D	0.08%
FLR	B	0.08%
RGEN	D	0.08%
PEGA	A	0.08%
OZK	B	0.08%
CAL	D	0.08%
ELAN	D	0.08%
MKSI	C	0.08%
SCS	C	0.08%
OSCR	D	0.08%
FHB	A	0.08%
PD	C	0.08%
YETI	C	0.08%
KN	B	0.08%
MASI	A	0.08%
GMS	B	0.08%
WOR	F	0.08%
CACC	D	0.08%
DLX	B	0.08%
VFC	C	0.08%
NSSC	D	0.08%
CUZ	B	0.08%
KSS	F	0.08%
CARS	B	0.08%
MIDD	C	0.08%
BDC	B	0.08%
ALV	C	0.08%
CNMD	C	0.07%
AFRM	B	0.07%
UNIT	B	0.07%
CLH	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%
VAC	B	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%
NTB	B	0.07%
GKOS	B	0.07%
DOMO	C	0.07%
GCO	B	0.07%
KNF	A	0.07%
PLUS	F	0.07%
SM	B	0.07%
SNEX	B	0.07%
NARI	C	0.07%
NXST	C	0.07%
WNC	C	0.07%
NVST	B	0.06%
CC	C	0.06%
AVXL	B	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%
AMCX	C	0.06%
TRN	C	0.06%
STWD	C	0.06%
CTBI	B	0.06%
MPW	F	0.06%
BRBR	A	0.06%
VKTX	F	0.06%
RUSHA	C	0.06%
FUN	C	0.06%
ASO	F	0.06%
LADR	B	0.06%
SOFI	A	0.06%
RDN	C	0.06%
WTTR	B	0.06%
IRTC	D	0.06%
RYN	D	0.06%
BCO	D	0.06%
SFL	D	0.06%
AIV	C	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%
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%
CVBF	A	0.05%
SONO	C	0.05%
PZZA	D	0.05%
ITRI	B	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%
SMTC	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%
WGO	C	0.05%
LECO	B	0.05%
CENTA	C	0.05%
ARWR	F	0.04%
MAN	D	0.04%
HPP	F	0.04%
STAG	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%
ENS	D	0.04%
SANA	F	0.04%
TPB	B	0.04%
SAH	A	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%
FHN	A	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%
GMED	A	0.03%
ALHC	C	0.03%
VIAV	B	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%
QDEL	F	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%
HNI	B	0.03%
AMN	F	0.03%
ACCD	D	0.03%
IVR	F	0.03%
TCBI	B	0.03%
RPD	C	0.03%
ATRC	C	0.03%
CNS	B	0.03%
RKT	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%
SSB	B	0.02%
SLVM	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%
QRTEA	F	0.02%
GPRO	F	0.02%
SAFE	D	0.02%
KFY	B	0.02%
JELD	F	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%
EPR	D	0.02%
BMBL	C	0.02%
OPI	F	0.02%
FSS	B	0.02%
WTFC	A	0.02%
MTW	C	0.02%
DY	D	0.02%
DBI	F	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%
CALX	D	0.02%
CWK	B	0.01%
ALGM	D	0.01%
VAL	D	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	D	0.01%
EPC	D	0.01%
SFIX	B	0.01%
POWI	D	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%
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	B	0.01%
NTLA	F	0.01%
VRE	B	0.01%
TR	B	0.01%
ROIV	C	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%
CAKE	C	0.01%
STGW	B	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GEF	A	0.01%
RHP	B	0.01%
PYCR	C	0.01%
ASGN	F	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%
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%
AEIS	B	0.01%
MAGN	F	0.0%
BFH	B	0.0%
MC	C	0.0%
SEE	C	0.0%
GDOT	D	0.0%
NBTB	B	0.0%
EGBN	B	0.0%
FULT	A	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%
BKU	A	0.0%
CMA	A	0.0%
AX	A	0.0%
OFG	B	0.0%

SMLF Underweight 162 Positions Relative to SMMV

Symbol	Grade	Weight
MUSA	A	-1.6%
ATR	B	-1.49%
ADC	B	-1.45%
SIGI	C	-1.14%
RGA	A	-1.11%
THG	A	-1.11%
PNW	B	-0.91%
GNTX	C	-0.9%
PSN	D	-0.87%
DLB	B	-0.81%
POST	C	-0.77%
NEU	C	-0.75%
CALM	A	-0.72%
INGR	B	-0.72%
LOPE	B	-0.69%
PAGP	A	-0.68%
TKO	B	-0.66%
CCOI	B	-0.66%
CTRE	D	-0.65%
MSGS	A	-0.64%
NWE	B	-0.64%
VNOM	A	-0.59%
CCCS	B	-0.59%
GHC	C	-0.58%
AMED	F	-0.56%
HESM	B	-0.54%
PINC	B	-0.51%
FCFS	F	-0.49%
CWAN	B	-0.48%
DRS	B	-0.47%
LAUR	A	-0.47%
JJSF	B	-0.47%
ECG	C	-0.46%
ESGR	B	-0.46%
MGEE	C	-0.46%
WERN	C	-0.45%
JAZZ	B	-0.42%
KNTK	B	-0.42%
ADUS	D	-0.37%
CWST	A	-0.35%
XENE	D	-0.34%
BATRK	C	-0.34%
AVT	C	-0.34%
REYN	D	-0.33%
UNF	B	-0.33%
MGRC	B	-0.33%
NHC	C	-0.33%
AVPT	A	-0.33%
HMN	B	-0.33%
SNDR	B	-0.32%
VRRM	D	-0.32%
BHE	B	-0.32%
SKWD	A	-0.32%
INSW	F	-0.31%
SMPL	B	-0.31%
SNX	C	-0.31%
USLM	A	-0.3%
GPOR	B	-0.3%
WT	B	-0.28%
DBX	B	-0.28%
MIRM	B	-0.28%
CRNX	C	-0.27%
VVV	F	-0.27%
ALE	A	-0.26%
SAIC	F	-0.25%
OSW	A	-0.25%
IDYA	F	-0.24%
OLLI	D	-0.24%
PPC	C	-0.24%
SAFT	C	-0.24%
WABC	B	-0.22%
AMSF	B	-0.21%
NTST	D	-0.2%
PJT	A	-0.2%
AVA	A	-0.2%
CHH	A	-0.19%
BFC	B	-0.18%
RARE	D	-0.18%
COLL	F	-0.18%
KRP	B	-0.18%
SPNT	A	-0.17%
CNXN	C	-0.16%
KNSA	F	-0.16%
WMK	C	-0.16%
CWT	D	-0.16%
IRON	B	-0.15%
DJCO	B	-0.14%
VVX	C	-0.14%
SLGN	A	-0.14%
HCKT	B	-0.14%
ATGE	B	-0.14%
GTX	D	-0.13%
RGR	F	-0.13%
REX	D	-0.13%
KRYS	B	-0.13%
ZYME	C	-0.13%
SPTN	D	-0.12%
SMP	B	-0.12%
PLXS	B	-0.11%
VREX	C	-0.11%
LQDT	B	-0.11%
USM	B	-0.11%
LTC	B	-0.11%
SHEN	F	-0.11%
SNRE	D	-0.1%
MCS	B	-0.1%
AGIO	C	-0.1%
DHIL	A	-0.1%
ACEL	C	-0.1%
EBF	F	-0.1%
NABL	F	-0.1%
UFCS	B	-0.1%
TIPT	B	-0.09%
CRVL	A	-0.09%
HCI	C	-0.09%
YORW	D	-0.09%
FC	F	-0.08%
DORM	B	-0.08%
EWTX	C	-0.08%
ANIP	F	-0.08%
NPK	B	-0.08%
BBSI	B	-0.08%
KELYA	F	-0.08%
STRA	C	-0.08%
NTGR	B	-0.08%
FRPH	A	-0.08%
IMAX	B	-0.07%
CNSL	C	-0.07%
SENEA	B	-0.07%
TBPH	C	-0.07%
LQDA	D	-0.07%
ATEX	D	-0.07%
THS	D	-0.07%
WINA	B	-0.07%
CPK	A	-0.07%
IMXI	B	-0.06%
CART	C	-0.06%
CLW	F	-0.06%
HG	C	-0.06%
UTI	A	-0.06%
CCRN	F	-0.06%
ACT	D	-0.06%
IRMD	C	-0.05%
IMNM	F	-0.05%
SCHL	D	-0.05%
METC	C	-0.05%
UTZ	D	-0.05%
AESI	B	-0.05%
KROS	D	-0.05%
CGON	F	-0.05%
USPH	B	-0.05%
SEB	F	-0.05%
RMR	F	-0.05%
BATRA	F	-0.05%
BTU	B	-0.05%
GNK	D	-0.04%
SWBI	C	-0.04%
DK	C	-0.04%
TH	C	-0.04%
ROG	D	-0.03%
CRGX	F	-0.03%
ITOS	F	-0.02%