SMLF vs. STXM ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to Strive Mid-Cap ETF (STXM)

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

$72.91

Average Daily Volume

70,611

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

STXM

Strive Mid-Cap ETF

STXM Description

STXM provides exposure to the US mid-cap space. Starting with a broad, total market universe of 1500 US stocks, the index selects securities ranked 501 to 900 by market capitalization. Eligible securities must be listed on a US exchange and have a free float of at least 10% of its total shares outstanding. The index includes common stock and real estate investment trusts. Selected securities are weighted by market capitalization. The fund intends to utilize a replication strategy, which means it will invest all of its assets in the securities comprising the index. However, the adviser may use a sampling strategy if it is determined to be in the best interest of shareholders. The index rebalances semi-annually in January and July.

Grade (RS Rating)

Last Trade

$27.84

Average Daily Volume

3,814

Number of Holdings ^*

377

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	STXM
30 Days	7.55%	5.34%
60 Days	8.72%	7.07%
90 Days	9.84%	8.44%
12 Months	38.08%

223 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in STXM	Overlap
AA	A	0.13%	0.3%	0.13%
ACI	C	0.05%	0.18%	0.05%
ACM	B	0.19%	0.4%	0.19%
AFRM	A	0.07%	0.34%	0.07%
AGCO	D	0.2%	0.15%	0.15%
AGNC	C	0.16%	0.18%	0.16%
AIT	B	0.12%	0.28%	0.12%
AIZ	A	0.17%	0.3%	0.17%
ALLE	C	0.16%	0.34%	0.16%
ALSN	B	0.56%	0.28%	0.28%
AM	A	0.37%	0.14%	0.14%
AMH	C	0.25%	0.32%	0.25%
AN	C	0.24%	0.15%	0.15%
ANF	F	0.3%	0.19%	0.19%
APA	D	0.22%	0.23%	0.22%
APG	B	0.09%	0.24%	0.09%
APPF	B	0.06%	0.13%	0.06%
AR	B	0.21%	0.24%	0.21%
ARW	D	0.18%	0.17%	0.17%
ATI	C	0.14%	0.19%	0.14%
AXTA	B	0.03%	0.24%	0.03%
AYI	B	0.35%	0.27%	0.27%
AZEK	A	0.06%	0.18%	0.06%
BBWI	C	0.2%	0.19%	0.19%
BECN	B	0.1%	0.17%	0.1%
BERY	C	0.1%	0.2%	0.1%
BJ	A	0.16%	0.32%	0.16%
BLD	D	0.21%	0.33%	0.21%
BPMC	B	0.13%	0.16%	0.13%
BPOP	C	0.53%	0.18%	0.18%
BRBR	A	0.06%	0.25%	0.06%
BRKR	D	0.14%	0.16%	0.14%
BRX	A	0.37%	0.23%	0.23%
BWXT	B	0.13%	0.31%	0.13%
CACC	D	0.08%	0.06%	0.06%
CACI	D	0.02%	0.29%	0.02%
CASY	A	0.06%	0.41%	0.06%
CBSH	B	0.24%	0.23%	0.23%
CELH	F	0.04%	0.12%	0.04%
CFR	B	0.25%	0.22%	0.22%
CHDN	B	0.1%	0.26%	0.1%
CHE	D	0.3%	0.22%	0.22%
CHRD	D	0.03%	0.22%	0.03%
CHWY	B	0.03%	0.1%	0.03%
CHX	C	0.11%	0.16%	0.11%
CIEN	C	0.03%	0.27%	0.03%
CLH	C	0.07%	0.34%	0.07%
CMA	B	0.0%	0.27%	0.0%
CMC	B	0.14%	0.18%	0.14%
CNM	D	0.36%	0.22%	0.22%
COKE	C	0.22%	0.16%	0.16%
COTY	F	0.06%	0.08%	0.06%
CR	A	0.35%	0.22%	0.22%
CROX	D	0.19%	0.16%	0.16%
CRS	B	0.09%	0.23%	0.09%
CRUS	D	0.11%	0.14%	0.11%
CSL	C	0.41%	0.56%	0.41%
CUBE	C	0.11%	0.3%	0.11%
CW	C	0.23%	0.36%	0.23%
CYTK	F	0.11%	0.17%	0.11%
DCI	B	0.18%	0.24%	0.18%
DINO	D	0.01%	0.19%	0.01%
DKS	D	0.38%	0.3%	0.3%
DTM	A	0.2%	0.26%	0.2%
DUOL	A	0.44%	0.31%	0.31%
EDR	A	0.02%	0.11%	0.02%
EGP	D	0.09%	0.23%	0.09%
EHC	B	0.05%	0.27%	0.05%
ELAN	D	0.08%	0.19%	0.08%
ELF	C	0.2%	0.18%	0.18%
EME	A	0.94%	0.62%	0.62%
ENSG	C	0.14%	0.22%	0.14%
ESI	B	0.15%	0.17%	0.15%
ESTC	C	0.26%	0.2%	0.2%
ETSY	D	0.2%	0.16%	0.16%
EVR	B	0.81%	0.29%	0.29%
EWBC	A	0.39%	0.39%	0.39%
EXEL	B	0.24%	0.27%	0.24%
FCN	F	0.04%	0.19%	0.04%
FHN	A	0.04%	0.3%	0.04%
FIX	A	0.44%	0.41%	0.41%
FLEX	B	0.31%	0.4%	0.31%
FLR	B	0.08%	0.23%	0.08%
FR	D	0.31%	0.18%	0.18%
FYBR	C	0.13%	0.23%	0.13%
GAP	C	0.23%	0.15%	0.15%
GGG	B	0.3%	0.4%	0.3%
GLPI	C	0.18%	0.35%	0.18%
GME	C	0.16%	0.29%	0.16%
GMED	A	0.03%	0.25%	0.03%
GNRC	C	0.15%	0.31%	0.15%
GPK	C	0.26%	0.24%	0.24%
GTLB	B	0.39%	0.18%	0.18%
GWRE	A	0.01%	0.44%	0.01%
HALO	F	0.24%	0.19%	0.19%
HAS	D	0.19%	0.22%	0.19%
HLI	A	0.18%	0.27%	0.18%
HQY	A	0.01%	0.22%	0.01%
HRB	D	0.4%	0.22%	0.22%
IBP	D	0.04%	0.13%	0.04%
INSM	C	0.1%	0.32%	0.1%
IONS	F	0.14%	0.13%	0.13%
ITCI	C	0.06%	0.23%	0.06%
ITT	A	0.31%	0.34%	0.31%
IVZ	B	0.1%	0.22%	0.1%
JBL	C	0.55%	0.38%	0.38%
JEF	A	0.4%	0.3%	0.3%
JXN	C	0.0%	0.2%	0.0%
KBR	F	0.12%	0.22%	0.12%
KIM	A	0.16%	0.45%	0.16%
KNSL	B	0.18%	0.28%	0.18%
LAMR	C	0.33%	0.31%	0.31%
LBRDA	C	0.4%	0.04%	0.04%
LECO	C	0.05%	0.32%	0.05%
LFUS	D	0.05%	0.16%	0.05%
LNTH	D	0.17%	0.15%	0.15%
LNW	F	0.17%	0.23%	0.17%
LPX	B	0.41%	0.2%	0.2%
LSCC	D	0.23%	0.19%	0.19%
LSTR	D	0.1%	0.17%	0.1%
MANH	D	0.5%	0.46%	0.46%
MAT	D	0.12%	0.18%	0.12%
MEDP	D	0.38%	0.23%	0.23%
MIDD	C	0.08%	0.2%	0.08%
MKSI	C	0.08%	0.21%	0.08%
MLI	B	0.49%	0.27%	0.27%
MSA	F	0.02%	0.18%	0.02%
MTG	C	0.09%	0.17%	0.09%
MTN	C	0.09%	0.2%	0.09%
MTSI	B	0.09%	0.19%	0.09%
NDSN	B	0.18%	0.36%	0.18%
NNN	C	0.1%	0.21%	0.1%
NOV	C	0.12%	0.17%	0.12%
NOVT	D	0.14%	0.17%	0.14%
NSIT	F	0.06%	0.13%	0.06%
NTNX	B	0.56%	0.47%	0.47%
NTRA	A	0.4%	0.48%	0.4%
NVT	B	0.49%	0.33%	0.33%
NYT	D	0.12%	0.23%	0.12%
OC	A	0.18%	0.45%	0.18%
OGE	A	0.12%	0.23%	0.12%
OHI	C	0.09%	0.26%	0.09%
OLED	F	0.03%	0.2%	0.03%
ONON	A	0.15%	0.33%	0.15%
ONTO	F	0.15%	0.21%	0.15%
ORI	A	0.41%	0.26%	0.26%
OVV	B	0.25%	0.33%	0.25%
PARA	C	0.11%	0.16%	0.11%
PATH	C	0.05%	0.14%	0.05%
PCOR	B	0.42%	0.21%	0.21%
PCTY	C	0.14%	0.24%	0.14%
PCVX	D	0.09%	0.25%	0.09%
PEN	B	0.07%	0.23%	0.07%
PLNT	A	0.09%	0.22%	0.09%
PNFP	B	0.1%	0.27%	0.1%
PR	B	0.02%	0.26%	0.02%
PRI	B	0.28%	0.28%	0.28%
PSTG	D	0.29%	0.41%	0.29%
RDDT	A	0.2%	0.11%	0.11%
RGEN	D	0.08%	0.21%	0.08%
RGLD	C	0.14%	0.26%	0.14%
RHI	C	0.17%	0.21%	0.17%
RL	C	0.15%	0.21%	0.15%
RLI	A	0.03%	0.21%	0.03%
RNR	C	0.21%	0.35%	0.21%
ROIV	C	0.01%	0.14%	0.01%
ROKU	D	0.04%	0.25%	0.04%
RPM	A	0.22%	0.49%	0.22%
RRC	B	0.19%	0.21%	0.19%
RRX	B	0.2%	0.32%	0.2%
RS	B	0.49%	0.48%	0.48%
RVMD	C	0.04%	0.24%	0.04%
RYAN	A	0.13%	0.19%	0.13%
S	B	0.06%	0.22%	0.06%
SAIA	B	0.12%	0.41%	0.12%
SCI	B	0.14%	0.32%	0.14%
SF	B	0.17%	0.3%	0.17%
SFM	A	0.6%	0.38%	0.38%
SITE	F	0.05%	0.17%	0.05%
SMAR	B	0.26%	0.21%	0.21%
SN	D	0.27%	0.17%	0.17%
SNV	C	0.05%	0.22%	0.05%
SOFI	B	0.06%	0.35%	0.06%
SOLV	D	0.31%	0.26%	0.26%
SPSC	D	0.11%	0.18%	0.11%
SRPT	F	0.2%	0.27%	0.2%
SSB	B	0.02%	0.21%	0.02%
SSD	F	0.14%	0.21%	0.14%
STAG	D	0.04%	0.18%	0.04%
THC	D	0.31%	0.43%	0.31%
TMHC	C	0.09%	0.19%	0.09%
TOL	B	0.16%	0.42%	0.16%
TOST	B	0.21%	0.46%	0.21%
TPG	A	0.2%	0.13%	0.13%
TPR	B	0.3%	0.36%	0.3%
TPX	B	0.24%	0.25%	0.24%
TREX	C	0.24%	0.21%	0.21%
TTC	C	0.14%	0.23%	0.14%
TTEK	F	0.29%	0.3%	0.29%
TXRH	B	0.07%	0.35%	0.07%
UFPI	C	0.23%	0.22%	0.22%
UNM	A	0.0%	0.33%	0.0%
USFD	A	0.18%	0.45%	0.18%
VFC	C	0.08%	0.2%	0.08%
VKTX	F	0.06%	0.15%	0.06%
VOYA	B	0.17%	0.22%	0.17%
W	D	0.15%	0.09%	0.09%
WAL	B	0.1%	0.25%	0.1%
WBA	F	0.05%	0.17%	0.05%
WBS	A	0.05%	0.27%	0.05%
WCC	B	0.2%	0.29%	0.2%
WEX	D	0.09%	0.2%	0.09%
WFRD	D	0.35%	0.16%	0.16%
WING	D	0.36%	0.26%	0.26%
WMS	F	0.1%	0.27%	0.1%
WSC	F	0.09%	0.17%	0.09%
WSM	C	0.42%	0.48%	0.42%
WTFC	A	0.02%	0.23%	0.02%
WTS	B	0.12%	0.16%	0.12%
WYNN	C	0.07%	0.24%	0.07%
X	B	0.1%	0.2%	0.1%
XPO	B	0.17%	0.45%	0.17%
ZION	B	0.24%	0.24%	0.24%

SMLF Overweight 587 Positions Relative to STXM

Symbol	Grade	Weight
APP	B	1.49%
MSTR	B	0.73%
DECK	A	0.72%
AXON	A	0.66%
SLG	B	0.49%
CVNA	B	0.46%
IDA	A	0.46%
IBKR	A	0.45%
COCO	A	0.43%
COOP	B	0.41%
IOT	A	0.41%
VNO	C	0.41%
POWL	C	0.38%
UTHR	C	0.38%
PIPR	A	0.34%
CAVA	B	0.34%
WK	B	0.34%
JHG	B	0.31%
HSII	B	0.31%
WSO	A	0.31%
MAC	B	0.31%
DDS	B	0.31%
ALKS	C	0.3%
SPXC	A	0.3%
CORT	B	0.3%
EXE	A	0.29%
STRL	A	0.29%
R	B	0.28%
AGO	B	0.27%
INTA	B	0.27%
FCNCA	A	0.27%
SIG	B	0.26%
MOD	A	0.25%
HURN	C	0.25%
CPRX	C	0.24%
RMBS	B	0.24%
SKT	A	0.24%
IMKTA	C	0.24%
ENTG	D	0.23%
AMG	B	0.23%
YOU	D	0.23%
EXLS	B	0.23%
BCC	B	0.22%
SANM	B	0.22%
GPI	B	0.22%
WS	C	0.22%
AXSM	B	0.22%
MATX	C	0.21%
AZPN	A	0.21%
LIVN	F	0.2%
XRAY	F	0.2%
ATKR	D	0.2%
DNLI	D	0.2%
HAE	C	0.2%
LUMN	C	0.2%
TEX	F	0.19%
M	F	0.19%
RNG	C	0.19%
SMG	C	0.19%
JOE	F	0.19%
NAVI	F	0.19%
GH	B	0.19%
MUR	D	0.19%
PRGS	A	0.18%
XRX	F	0.18%
TDOC	C	0.18%
VCYT	B	0.18%
ESAB	C	0.18%
HIW	C	0.18%
FROG	C	0.18%
AVNT	B	0.18%
MMYT	B	0.17%
PVH	C	0.17%
ACLX	C	0.17%
TKR	D	0.17%
BRC	D	0.17%
PDM	D	0.17%
PRG	C	0.17%
KRG	B	0.17%
EXTR	C	0.17%
PRKS	B	0.17%
JBSS	F	0.17%
IVT	A	0.16%
SRCE	B	0.16%
BL	B	0.16%
BMI	B	0.16%
WTM	A	0.16%
SLM	A	0.16%
LRN	A	0.16%
CVCO	A	0.16%
TNL	A	0.16%
CNO	B	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%
SBGI	B	0.15%
HOG	D	0.15%
XNCR	B	0.15%
GES	F	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%
SKY	A	0.15%
AMR	C	0.14%
UMBF	B	0.14%
VSTO	A	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	A	0.14%
PI	D	0.14%
NJR	A	0.14%
UA	C	0.14%
YEXT	B	0.14%
AY	A	0.14%
SPT	C	0.14%
TPH	D	0.14%
BLKB	B	0.13%
VMEO	B	0.13%
THO	B	0.13%
IPAR	B	0.13%
NFG	A	0.13%
TNET	F	0.13%
ACCO	C	0.13%
OGS	A	0.13%
BRZE	C	0.13%
GOLF	B	0.13%
KAI	B	0.13%
BDN	C	0.13%
QLYS	B	0.13%
SFBS	C	0.13%
NUVL	C	0.13%
SR	A	0.12%
INSP	D	0.12%
AROC	A	0.12%
AWR	B	0.12%
GEO	B	0.12%
BASE	B	0.12%
SATS	D	0.12%
ACLS	F	0.12%
GFF	A	0.12%
BKE	B	0.12%
WH	B	0.12%
KRC	B	0.12%
WEN	D	0.12%
CBT	D	0.12%
BSY	F	0.12%
WAFD	B	0.12%
NTCT	C	0.11%
FHI	B	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	B	0.11%
SSTK	F	0.11%
PTEN	C	0.11%
OII	B	0.11%
DFIN	D	0.11%
LOVE	A	0.11%
MFA	D	0.11%
ACAD	C	0.11%
HTH	C	0.11%
CARG	B	0.11%
BAND	B	0.11%
ODP	F	0.11%
APOG	C	0.11%
CXW	C	0.11%
MCB	B	0.11%
MDGL	B	0.11%
NSP	F	0.11%
BCRX	D	0.11%
KW	C	0.1%
MTRN	C	0.1%
ASB	B	0.1%
HP	C	0.1%
ACA	A	0.1%
DNOW	B	0.1%
EXPI	D	0.1%
UGI	C	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	A	0.1%
HUN	F	0.1%
ICFI	F	0.1%
HOV	D	0.1%
SYNA	C	0.1%
ALX	D	0.1%
LYFT	C	0.1%
CMPR	D	0.1%
AGM	B	0.1%
KLIC	B	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
EEFT	B	0.09%
VSH	F	0.09%
CXT	C	0.09%
PHIN	A	0.09%
JACK	C	0.09%
MRC	B	0.09%
HEES	C	0.09%
ATEN	A	0.09%
PBH	A	0.09%
HI	C	0.09%
LGND	C	0.09%
CAR	C	0.09%
VERA	C	0.09%
LZ	C	0.09%
FLG	D	0.09%
IDCC	B	0.09%
BC	C	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%
OLN	F	0.09%
CUBI	B	0.09%
SON	F	0.09%
EXPO	D	0.09%
VC	F	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%
VIR	D	0.08%
PEGA	B	0.08%
OZK	B	0.08%
CAL	F	0.08%
SCS	C	0.08%
OSCR	D	0.08%
FHB	B	0.08%
PD	C	0.08%
YETI	D	0.08%
KN	B	0.08%
MASI	B	0.08%
GMS	B	0.08%
WOR	F	0.08%
DLX	B	0.08%
BOX	B	0.08%
NSSC	D	0.08%
AGX	B	0.08%
CUZ	B	0.08%
KSS	F	0.08%
CARS	C	0.08%
BDC	C	0.08%
ALV	C	0.08%
CSWI	B	0.08%
CNMD	C	0.07%
UNIT	B	0.07%
EQC	B	0.07%
DH	F	0.07%
HASI	D	0.07%
AMRX	C	0.07%
EYPT	D	0.07%
MATV	D	0.07%
VAC	C	0.07%
RIG	D	0.07%
AMPH	F	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%
PLUS	F	0.07%
SM	B	0.07%
SNEX	B	0.07%
NARI	C	0.07%
CEIX	A	0.07%
NXST	C	0.07%
WNC	C	0.07%
NVST	B	0.06%
CC	C	0.06%
AVXL	B	0.06%
YELP	C	0.06%
OXM	F	0.06%
AVDX	B	0.06%
GPMT	C	0.06%
FN	C	0.06%
TNC	D	0.06%
NXT	C	0.06%
ILPT	F	0.06%
HWKN	B	0.06%
AMCX	C	0.06%
HCC	B	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%
RUSHA	C	0.06%
FUN	C	0.06%
ASO	F	0.06%
LADR	B	0.06%
FLO	D	0.06%
RDN	D	0.06%
WTTR	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%
OTTR	C	0.06%
HE	C	0.06%
UVV	B	0.06%
KD	B	0.06%
MED	D	0.06%
FOLD	F	0.05%
AVAV	C	0.05%
ITGR	B	0.05%
FFIN	B	0.05%
CVBF	A	0.05%
SONO	C	0.05%
PZZA	F	0.05%
ITRI	C	0.05%
LBTYK	A	0.05%
TILE	B	0.05%
BEAM	D	0.05%
CERS	D	0.05%
AEO	F	0.05%
BLMN	F	0.05%
AMBC	C	0.05%
HOUS	F	0.05%
MERC	F	0.05%
KOS	D	0.05%
TARS	C	0.05%
SMTC	B	0.05%
ZIP	D	0.05%
VNT	C	0.05%
THR	B	0.05%
APLS	F	0.05%
ASAN	B	0.05%
PK	C	0.05%
MDXG	B	0.05%
WGO	C	0.05%
CENTA	C	0.05%
ARWR	D	0.04%
MAN	F	0.04%
HPP	F	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%
FLYW	B	0.04%
AGS	A	0.04%
IDT	B	0.04%
ENS	F	0.04%
SANA	F	0.04%
TPB	B	0.04%
SAH	C	0.04%
ANAB	F	0.04%
NATL	B	0.04%
HELE	C	0.04%
KLG	B	0.04%
AGYS	A	0.04%
ARRY	F	0.04%
BILL	A	0.04%
CFFN	C	0.04%
OMI	F	0.04%
HLF	C	0.04%
ANGI	F	0.04%
NHI	D	0.04%
ACHC	F	0.04%
HSTM	B	0.04%
MMS	F	0.04%
BCPC	B	0.04%
TDS	B	0.04%
IOSP	C	0.04%
RCUS	F	0.04%
JANX	C	0.03%
SWIM	C	0.03%
ALHC	C	0.03%
VIAV	C	0.03%
ALRM	C	0.03%
RDFN	D	0.03%
ADT	C	0.03%
MOG.A	B	0.03%
LTH	C	0.03%
SUPN	C	0.03%
FL	F	0.03%
VNDA	C	0.03%
RGNX	D	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	C	0.03%
XHR	B	0.03%
VIRT	A	0.03%
QDEL	F	0.03%
REVG	C	0.03%
SNBR	F	0.03%
RYI	C	0.03%
IESC	C	0.03%
UDMY	D	0.03%
ARCH	B	0.03%
SLAB	F	0.03%
BRSP	C	0.03%
CDP	C	0.03%
MGNI	B	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%
TCBI	C	0.03%
RPD	B	0.03%
SPRY	C	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%
BKD	F	0.03%
CVI	F	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	0.02%
SLVM	B	0.02%
OSIS	A	0.02%
MSM	C	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	B	0.02%
QRTEA	F	0.02%
GPRO	F	0.02%
SAFE	F	0.02%
KFY	B	0.02%
JELD	F	0.02%
KRNY	C	0.02%
DAN	D	0.02%
DOCN	C	0.02%
ALAB	B	0.02%
EVRI	A	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%
MTW	C	0.02%
DY	D	0.02%
DBI	F	0.02%
LMAT	A	0.02%
CLVT	D	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%
ARCB	C	0.02%
PDCO	F	0.02%
CALX	D	0.02%
CWK	C	0.01%
ALGM	D	0.01%
VAL	F	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%
POWI	F	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%
GO	C	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%
CRAI	C	0.01%
SWI	C	0.01%
MITK	C	0.01%
NTLA	F	0.01%
VRE	B	0.01%
TR	B	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%
ENVA	B	0.01%
HMST	F	0.01%
AXS	A	0.01%
CAKE	C	0.01%
STGW	A	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GEF	A	0.01%
RHP	B	0.01%
PYCR	B	0.01%
ASGN	F	0.01%
HTZ	C	0.01%
MBLY	C	0.01%
OSUR	F	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%
UPWK	B	0.01%
HXL	F	0.01%
NFBK	C	0.01%
SHO	D	0.01%
AEIS	C	0.01%
MAGN	D	0.0%
BFH	C	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%
BOH	B	0.0%
DEI	B	0.0%
TRMK	C	0.0%
GNW	A	0.0%
PFBC	B	0.0%
CASH	B	0.0%
TBBK	B	0.0%
FBP	C	0.0%
PRDO	B	0.0%
BKU	A	0.0%
AX	B	0.0%
OFG	B	0.0%

SMLF Underweight 154 Positions Relative to STXM

Symbol	Grade	Weight
TPL	A	-0.7%
HOOD	B	-0.59%
PKG	A	-0.57%
IP	A	-0.53%
SNA	A	-0.52%
AER	A	-0.51%
NRG	B	-0.51%
KEY	B	-0.49%
PNR	A	-0.48%
BURL	B	-0.47%
DOCU	B	-0.45%
AVY	F	-0.45%
EG	C	-0.45%
GEN	B	-0.44%
FNF	B	-0.44%
NI	A	-0.44%
TXT	D	-0.44%
DT	D	-0.43%
COHR	B	-0.42%
EQH	C	-0.42%
DOC	C	-0.41%
FFIV	B	-0.41%
RGA	A	-0.41%
VTRS	A	-0.41%
TWLO	A	-0.41%
POOL	C	-0.38%
CHRW	B	-0.37%
PFGC	B	-0.36%
REG	A	-0.36%
JKHY	D	-0.35%
JNPR	D	-0.35%
DAY	B	-0.34%
JLL	D	-0.34%
CG	B	-0.34%
NBIX	C	-0.34%
CPT	B	-0.34%
CYBR	A	-0.34%
KMX	B	-0.33%
HST	C	-0.33%
BXP	C	-0.33%
BG	D	-0.33%
ELS	C	-0.32%
ALB	B	-0.32%
TAP	C	-0.31%
NCLH	B	-0.31%
ATR	B	-0.31%
UHS	D	-0.31%
LW	C	-0.31%
Z	A	-0.31%
PAYC	B	-0.31%
EMN	C	-0.31%
EXP	B	-0.3%
NWSA	A	-0.3%
IPG	D	-0.3%
CCK	D	-0.3%
TECH	F	-0.3%
MNDY	C	-0.29%
FND	D	-0.28%
LAD	A	-0.28%
PNW	A	-0.28%
LKQ	F	-0.28%
LBRDK	C	-0.28%
WWD	C	-0.28%
CTLT	C	-0.28%
AFG	A	-0.28%
MUSA	B	-0.27%
GL	C	-0.27%
DOX	D	-0.27%
ALLY	C	-0.27%
MKTX	D	-0.27%
CRL	D	-0.27%
SEIC	B	-0.27%
ARMK	B	-0.27%
FRT	B	-0.26%
GLOB	B	-0.26%
WTRG	B	-0.26%
INGR	C	-0.26%
AAON	B	-0.25%
REXR	F	-0.25%
EXAS	D	-0.25%
MORN	B	-0.25%
FBIN	D	-0.25%
MTZ	B	-0.24%
RBC	A	-0.24%
AOS	F	-0.24%
TFX	F	-0.24%
HSIC	C	-0.23%
SKX	D	-0.23%
CNH	C	-0.23%
MTCH	D	-0.23%
MOS	F	-0.23%
KNX	C	-0.23%
FLS	B	-0.22%
CZR	F	-0.22%
BWA	D	-0.22%
TKO	A	-0.22%
MHK	D	-0.21%
KEX	B	-0.21%
SNX	D	-0.21%
FMC	D	-0.2%
JAZZ	B	-0.2%
PB	B	-0.2%
HII	F	-0.2%
ADC	A	-0.2%
GTLS	A	-0.2%
DBX	B	-0.19%
GXO	B	-0.19%
CGNX	D	-0.19%
ONB	C	-0.19%
BIO	C	-0.19%
GNTX	C	-0.19%
DVA	C	-0.19%
OSK	C	-0.19%
MTH	D	-0.18%
MTDR	B	-0.18%
H	B	-0.18%
BEN	C	-0.18%
UHAL	D	-0.17%
COLD	D	-0.17%
CFLT	B	-0.17%
QRVO	F	-0.17%
SUM	B	-0.16%
TRNO	F	-0.16%
BFAM	D	-0.16%
CLF	F	-0.15%
PSN	D	-0.15%
LEA	F	-0.15%
ESNT	F	-0.15%
ALTR	B	-0.15%
CIVI	D	-0.14%
KBH	D	-0.14%
HCP	B	-0.14%
POST	C	-0.14%
U	C	-0.14%
HLNE	B	-0.14%
AUR	C	-0.12%
BROS	A	-0.11%
NWS	A	-0.11%
DLB	B	-0.11%
AMKR	D	-0.09%
PAG	B	-0.08%
ZG	A	-0.08%
ADTN	A	-0.08%
HESM	B	-0.07%
PPC	C	-0.06%
KNTK	A	-0.06%
AAL	B	-0.06%
BOKF	B	-0.06%
SMMT	D	-0.05%
LCID	F	-0.05%
INFA	D	-0.05%
LEVI	F	-0.04%
UHAL	D	-0.01%
UWMC	D	-0.01%