SMLF vs. VALQ ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

$66.13

Average Daily Volume

76,961

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$61.61

Average Daily Volume

7,337

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	VALQ
30 Days	4.99%	3.43%
60 Days	10.44%	10.14%
90 Days	9.91%	9.21%
12 Months	33.05%	30.39%

80 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in VALQ	Overlap
AIT	B	0.11%	0.09%	0.09%
AIZ	B	0.17%	0.09%	0.09%
ALKS	B	0.3%	0.09%	0.09%
ALLE	A	0.17%	0.57%	0.17%
ALSN	A	0.48%	0.11%	0.11%
AMG	B	0.23%	0.09%	0.09%
AN	D	0.27%	0.08%	0.08%
ANF	D	0.32%	0.14%	0.14%
APP	A	0.7%	0.12%	0.12%
ARW	C	0.22%	0.37%	0.22%
AXS	A	0.01%	0.1%	0.01%
AXTA	C	0.02%	0.09%	0.02%
AYI	A	0.31%	0.42%	0.31%
AZEK	D	0.07%	0.33%	0.07%
BERY	C	0.11%	0.09%	0.09%
BMI	A	0.16%	0.09%	0.09%
BRBR	A	0.05%	0.17%	0.05%
BYD	B	0.01%	0.09%	0.01%
CACI	A	0.02%	0.09%	0.02%
CBT	B	0.13%	0.43%	0.13%
CMC	D	0.14%	0.09%	0.09%
COKE	C	0.25%	0.08%	0.08%
CR	A	0.34%	0.16%	0.16%
CROX	C	0.29%	0.09%	0.09%
CRUS	D	0.14%	0.21%	0.14%
CSL	A	0.42%	0.09%	0.09%
DCI	B	0.18%	0.59%	0.18%
DDS	D	0.3%	0.14%	0.14%
DKS	D	0.42%	0.13%	0.13%
EEFT	F	0.09%	0.08%	0.08%
EHC	C	0.05%	0.09%	0.05%
EME	B	0.84%	0.12%	0.12%
EVR	C	0.72%	0.09%	0.09%
EXEL	B	0.19%	0.1%	0.1%
FLO	D	0.07%	0.24%	0.07%
GAP	F	0.23%	0.14%	0.14%
HRB	C	0.45%	0.59%	0.45%
IGT	F	0.16%	0.08%	0.08%
IVZ	A	0.1%	0.65%	0.1%
JBL	C	0.55%	0.28%	0.28%
JEF	A	0.34%	0.16%	0.16%
LAMR	C	0.36%	0.18%	0.18%
LECO	D	0.05%	0.82%	0.05%
LFUS	C	0.06%	0.15%	0.06%
MANH	A	0.53%	0.09%	0.09%
MAT	B	0.12%	0.08%	0.08%
MEDP	F	0.4%	0.07%	0.07%
MLI	B	0.41%	0.09%	0.09%
MMS	C	0.05%	0.08%	0.05%
MSM	D	0.02%	0.09%	0.02%
MTG	A	0.1%	0.43%	0.1%
NOVT	C	0.15%	0.31%	0.15%
NSIT	B	0.09%	0.25%	0.09%
NVT	C	0.5%	0.66%	0.5%
NXST	D	0.08%	0.08%	0.08%
NYT	C	0.13%	0.54%	0.13%
OC	C	0.17%	1.04%	0.17%
OMF	D	0.15%	0.08%	0.08%
ORI	A	0.41%	0.18%	0.18%
PARA	F	0.11%	0.08%	0.08%
PEGA	B	0.07%	0.1%	0.07%
PVH	D	0.17%	0.08%	0.08%
QLYS	F	0.12%	0.24%	0.12%
RHI	D	0.16%	0.09%	0.09%
RL	B	0.15%	0.1%	0.1%
SFM	A	0.48%	0.79%	0.48%
SM	D	0.07%	0.26%	0.07%
THC	D	0.33%	0.1%	0.1%
TKR	B	0.2%	0.08%	0.08%
TMHC	C	0.1%	0.09%	0.09%
TOL	C	0.17%	1.06%	0.17%
TPR	B	0.26%	0.76%	0.26%
TXRH	A	0.07%	0.09%	0.07%
UNM	A	0.0%	0.09%	0.0%
USFD	C	0.17%	0.09%	0.09%
UTHR	C	0.37%	0.13%	0.13%
VMI	B	0.13%	0.08%	0.08%
WING	C	0.47%	0.17%	0.17%
WSM	C	0.52%	0.34%	0.34%
WTS	C	0.13%	0.09%	0.09%

SMLF Overweight 735 Positions Relative to VALQ

Symbol	Grade	Weight
DECK	B	0.68%
BPOP	D	0.57%
NTNX	C	0.5%
RS	D	0.48%
SLG	C	0.46%
AXON	A	0.45%
IDA	D	0.43%
LPX	C	0.41%
FIX	A	0.41%
CNM	F	0.41%
MSTR	B	0.41%
DUOL	B	0.4%
IOT	C	0.4%
VNO	B	0.4%
COOP	B	0.4%
AM	A	0.39%
COCO	C	0.39%
PCOR	D	0.38%
IBKR	A	0.37%
LBRDA	C	0.37%
BRX	C	0.37%
WFRD	F	0.37%
FR	D	0.35%
NTRA	A	0.35%
CHE	D	0.34%
CVNA	A	0.34%
GTLB	D	0.34%
TTEK	A	0.34%
VGR	B	0.33%
SOLV	C	0.33%
CAVA	B	0.32%
EWBC	B	0.32%
ITT	C	0.32%
WSO	C	0.31%
MAC	B	0.31%
WK	D	0.31%
XRAY	D	0.31%
GGG	C	0.31%
SN	A	0.3%
PIPR	A	0.3%
PSTG	F	0.3%
SPXC	A	0.3%
POWL	B	0.29%
MOD	B	0.29%
OFG	D	0.29%
FLEX	B	0.29%
YOU	C	0.29%
SIG	C	0.28%
GPK	D	0.28%
SMAR	A	0.27%
HALO	D	0.27%
JHG	A	0.27%
ENTG	D	0.27%
PRI	A	0.26%
IMKTA	F	0.26%
CHK	C	0.26%
R	C	0.26%
HSII	D	0.26%
AMH	D	0.26%
LBTYA	C	0.26%
FCNCA	D	0.25%
TPX	C	0.25%
APA	F	0.25%
CORT	B	0.25%
LSCC	D	0.25%
BLD	D	0.25%
HURN	D	0.24%
LNTH	C	0.24%
TREX	D	0.24%
UFPI	C	0.24%
STRL	B	0.24%
AGO	B	0.24%
SMG	C	0.23%
XRX	D	0.23%
BCC	C	0.23%
ETSY	F	0.23%
RNR	A	0.23%
HAS	A	0.23%
JOE	D	0.23%
W	C	0.23%
INTA	C	0.23%
SKT	A	0.23%
SRPT	F	0.23%
ESTC	F	0.23%
AXSM	D	0.22%
AZPN	A	0.22%
DNLI	C	0.22%
BBWI	F	0.22%
AGCO	D	0.22%
OVV	D	0.22%
CPRX	C	0.22%
LIVN	C	0.21%
ONTO	B	0.21%
CBSH	D	0.21%
JBSS	F	0.21%
RPM	A	0.21%
AR	C	0.21%
FBP	B	0.21%
CFR	B	0.21%
GPI	C	0.21%
CW	A	0.21%
ATKR	F	0.2%
HIW	C	0.2%
RMBS	F	0.2%
GLPI	C	0.2%
ZION	D	0.2%
SANM	D	0.2%
RRX	B	0.2%
MUR	F	0.2%
EXLS	B	0.2%
NAVI	D	0.2%
AGNC	B	0.19%
HAE	F	0.19%
GES	F	0.19%
RRC	D	0.19%
HOG	D	0.19%
TPG	A	0.19%
MATX	C	0.19%
NDSN	C	0.19%
ELF	F	0.19%
BRKR	D	0.19%
AVNT	C	0.19%
M	D	0.19%
ACM	A	0.19%
TEX	F	0.19%
LNW	F	0.18%
TDOC	D	0.18%
CWEN	C	0.18%
FROG	F	0.18%
WS	D	0.18%
KFRC	F	0.18%
BRC	C	0.18%
KNSL	B	0.18%
PRG	C	0.18%
LUMN	C	0.18%
PRGS	A	0.18%
PDM	C	0.18%
VOYA	A	0.17%
ATI	C	0.17%
RNG	F	0.17%
PI	A	0.17%
VCYT	C	0.17%
PGRE	D	0.17%
EXTR	D	0.17%
ACLS	F	0.17%
FAF	C	0.17%
WCC	D	0.17%
KRG	C	0.17%
TTC	F	0.16%
CVCO	C	0.16%
BJ	B	0.16%
SLM	B	0.16%
TOST	B	0.16%
SKY	C	0.16%
ESAB	C	0.16%
HLI	A	0.16%
IONS	F	0.16%
PRKS	C	0.16%
SSD	B	0.16%
SPB	C	0.16%
MMYT	B	0.16%
SATS	C	0.16%
TPH	C	0.16%
SQSP	A	0.16%
DTM	A	0.16%
AMR	F	0.15%
WTM	C	0.15%
NJR	C	0.15%
TNL	B	0.15%
SF	A	0.15%
ABG	D	0.15%
AY	C	0.15%
CNO	B	0.15%
ONON	A	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%
ESI	C	0.15%
TNET	D	0.14%
ODP	F	0.14%
OGS	C	0.14%
BSY	D	0.14%
NSP	F	0.14%
MMSI	C	0.14%
SCI	D	0.14%
GME	D	0.14%
UA	B	0.14%
LRN	D	0.14%
BL	D	0.14%
RGLD	C	0.14%
INSP	C	0.14%
FYBR	C	0.14%
SBGI	A	0.14%
SRCE	D	0.14%
ENSG	D	0.14%
SPSC	D	0.13%
OGE	C	0.13%
HOV	D	0.13%
BRZE	F	0.13%
YEXT	B	0.13%
KRC	C	0.13%
VECO	F	0.13%
VSTO	B	0.13%
NOV	F	0.13%
BPMC	F	0.13%
GNRC	B	0.13%
CUBE	C	0.13%
RYAN	A	0.13%
GOLF	F	0.13%
SSTK	F	0.13%
FTAI	A	0.13%
DOCS	A	0.13%
IPAR	D	0.13%
HUN	B	0.13%
BLKB	C	0.13%
MFA	C	0.13%
KBR	A	0.13%
THO	C	0.13%
NFG	A	0.13%
GATX	F	0.13%
XPO	F	0.13%
WMS	D	0.13%
XNCR	D	0.13%
AA	B	0.13%
GFF	C	0.12%
OLN	D	0.12%
BKE	B	0.12%
CHX	C	0.12%
VRNS	B	0.12%
BWXT	A	0.12%
PCTY	C	0.12%
ALX	D	0.12%
SFBS	B	0.12%
KAI	C	0.12%
NNN	C	0.12%
UMBF	C	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	B	0.12%
WEN	B	0.12%
SR	D	0.12%
PTEN	F	0.11%
NTCT	C	0.11%
KLIC	D	0.11%
VSH	F	0.11%
ACAD	F	0.11%
SON	D	0.11%
EXPI	C	0.11%
PNM	B	0.11%
CMPR	F	0.11%
WH	C	0.11%
AROC	B	0.11%
BAND	C	0.11%
SYNA	F	0.11%
CYTK	D	0.11%
UGI	C	0.11%
INSM	D	0.11%
ICFI	C	0.11%
PCVX	C	0.11%
COUR	F	0.11%
OPCH	F	0.11%
OSCR	C	0.11%
EXPO	A	0.11%
WEX	C	0.11%
HTH	F	0.11%
NSSC	F	0.1%
MTRN	F	0.1%
AAN	B	0.1%
UPBD	F	0.1%
CARG	C	0.1%
KSS	D	0.1%
INVA	B	0.1%
SAIA	D	0.1%
OHI	C	0.1%
FHI	A	0.1%
BASE	F	0.1%
WSC	D	0.1%
BC	C	0.1%
APOG	B	0.1%
NYCB	D	0.1%
WAL	C	0.1%
KW	C	0.1%
MATV	F	0.1%
SWN	D	0.1%
X	F	0.1%
LSTR	F	0.1%
LAZ	C	0.1%
EGP	D	0.1%
OII	D	0.1%
VMEO	C	0.1%
RDDT	B	0.1%
LOVE	C	0.1%
APG	F	0.09%
BDC	A	0.09%
MPW	C	0.09%
CACC	F	0.09%
LBTYK	C	0.09%
HASI	B	0.09%
YETI	C	0.09%
BECN	D	0.09%
ALIT	D	0.09%
JACK	F	0.09%
DNOW	F	0.09%
HP	D	0.09%
CXT	F	0.09%
CRC	B	0.09%
SITC	D	0.09%
CAL	F	0.09%
MIDD	D	0.09%
ACA	C	0.09%
CRS	B	0.09%
MTN	D	0.09%
PLUS	B	0.09%
HIMS	C	0.09%
MCB	B	0.09%
CHDN	C	0.09%
IBOC	D	0.09%
AGM	D	0.09%
LYFT	D	0.08%
TENB	D	0.08%
HI	F	0.08%
ASO	D	0.08%
AMPH	C	0.08%
LZ	D	0.08%
FLR	B	0.08%
GMS	B	0.08%
CRDO	B	0.08%
LXP	D	0.08%
WNC	F	0.08%
CARS	F	0.08%
BCO	C	0.08%
CAR	D	0.08%
FLNC	C	0.08%
PD	F	0.08%
LGND	C	0.08%
PBH	D	0.08%
ILPT	D	0.08%
MTSI	B	0.08%
ATEN	B	0.08%
PNFP	B	0.08%
PLNT	B	0.08%
CSWI	A	0.08%
DVAX	F	0.08%
ASB	D	0.08%
MKSI	F	0.08%
PHIN	D	0.08%
BOX	C	0.08%
SCS	D	0.08%
KN	B	0.08%
CUBI	F	0.08%
CUZ	C	0.08%
VFC	A	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%
ASH	F	0.08%
WOR	F	0.08%
MRC	D	0.08%
ALV	F	0.08%
ADEA	B	0.07%
CLH	B	0.07%
CEIX	B	0.07%
OXM	F	0.07%
TNC	F	0.07%
SNEX	B	0.07%
BLMN	F	0.07%
OTTR	F	0.07%
GCO	D	0.07%
APPF	C	0.07%
UVV	D	0.07%
EIG	A	0.07%
ANAB	D	0.07%
WLY	A	0.07%
SANA	F	0.07%
HWC	D	0.07%
ANGI	D	0.07%
HE	F	0.07%
EQC	D	0.07%
HOUS	D	0.07%
GKOS	B	0.07%
DH	F	0.07%
FHB	D	0.07%
DLX	F	0.07%
RIG	F	0.07%
RYN	C	0.07%
MASI	B	0.07%
CXW	F	0.07%
AIV	D	0.07%
VIR	F	0.07%
KNF	B	0.07%
CNMD	F	0.07%
VKTX	C	0.07%
SFL	D	0.07%
NTB	D	0.07%
MED	F	0.07%
CVLT	B	0.07%
OZK	D	0.07%
UNIT	B	0.07%
ACHC	F	0.07%
WYNN	B	0.07%
COTY	F	0.07%
IDCC	A	0.07%
POR	D	0.07%
HEES	D	0.07%
PK	D	0.06%
GPMT	D	0.06%
TRN	C	0.06%
MERC	D	0.06%
FN	B	0.06%
WBA	F	0.06%
NVST	D	0.06%
YELP	D	0.06%
APLS	F	0.06%
CENTA	F	0.06%
AGX	A	0.06%
PEN	D	0.06%
HCC	C	0.06%
CASY	D	0.06%
VAC	D	0.06%
FIVN	F	0.06%
NXT	F	0.06%
OMI	F	0.06%
AMLX	D	0.06%
MDU	C	0.06%
AMN	F	0.06%
GEO	D	0.06%
HWKN	B	0.06%
AEO	C	0.06%
NBR	D	0.06%
LADR	D	0.06%
DOMO	F	0.06%
AMRX	B	0.06%
ADMA	A	0.06%
CC	D	0.06%
NARI	F	0.06%
AMPL	D	0.06%
EPAC	A	0.06%
STWD	C	0.06%
AVDX	F	0.05%
ITGR	B	0.05%
PFSI	C	0.05%
RCUS	D	0.05%
OLED	B	0.05%
ITRI	C	0.05%
MAN	D	0.05%
BKD	F	0.05%
ASAN	F	0.05%
BCPC	C	0.05%
VNT	F	0.05%
ACI	F	0.05%
AVAV	B	0.05%
BEAM	F	0.05%
AMBC	F	0.05%
CTBI	B	0.05%
CERS	F	0.05%
NHI	C	0.05%
RKT	D	0.05%
CNX	A	0.05%
WTTR	B	0.05%
FOLD	F	0.05%
ITCI	D	0.05%
LPG	F	0.05%
S	C	0.05%
ZIP	D	0.05%
MCY	B	0.05%
KOS	F	0.05%
SMTC	C	0.05%
AFRM	C	0.05%
EYPT	F	0.05%
CELH	F	0.05%
PATH	D	0.05%
WGO	D	0.05%
RUSHA	D	0.05%
FUN	F	0.05%
IBP	C	0.05%
THR	F	0.05%
SITE	D	0.05%
PZZA	D	0.05%
KD	D	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	C	0.04%
TDS	C	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%
PRGO	F	0.04%
OUT	C	0.04%
IVR	C	0.04%
RDFN	C	0.04%
AGS	A	0.04%
HSTM	B	0.04%
HELE	D	0.04%
NATL	D	0.04%
SNBR	C	0.04%
EVH	D	0.04%
SVC	D	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%
STAG	D	0.04%
FCN	C	0.04%
KLG	F	0.04%
ENS	B	0.04%
ROKU	C	0.04%
IOSP	F	0.04%
CVI	D	0.04%
SONO	F	0.04%
GIII	C	0.03%
WD	C	0.03%
QRTEA	D	0.03%
RYI	D	0.03%
MOG.A	C	0.03%
ARCB	F	0.03%
TSE	C	0.03%
ALRM	F	0.03%
DAN	D	0.03%
CIEN	A	0.03%
VNDA	F	0.03%
TCBI	B	0.03%
OFIX	D	0.03%
ATRC	C	0.03%
NX	F	0.03%
DNB	D	0.03%
VIRT	B	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	B	0.03%
RGNX	F	0.03%
EMBC	F	0.03%
REVG	D	0.03%
SGH	D	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	C	0.03%
DBI	F	0.03%
XHR	A	0.03%
HNI	B	0.03%
RLI	A	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	C	0.02%
SHO	B	0.02%
RAMP	F	0.02%
KVYO	B	0.02%
KRNY	C	0.02%
BMBL	F	0.02%
SLVM	C	0.02%
WOOF	B	0.02%
HMST	B	0.02%
OLPX	C	0.02%
NWL	D	0.02%
WTFC	B	0.02%
KFY	C	0.02%
HAIN	C	0.02%
PII	D	0.02%
VSTS	D	0.02%
BRY	F	0.02%
MTW	F	0.02%
EDR	A	0.02%
LMAT	A	0.02%
GPRO	F	0.02%
DYN	D	0.02%
MSA	F	0.02%
EVRI	A	0.02%
PR	D	0.02%
ARCT	D	0.02%
NUS	F	0.02%
IRWD	F	0.02%
RLJ	D	0.02%
DOCN	B	0.02%
PTCT	C	0.02%
FSS	D	0.02%
AKRO	D	0.02%
EPR	C	0.02%
CNDT	B	0.02%
TGTX	D	0.02%
DY	C	0.02%
PBF	F	0.02%
JANX	C	0.02%
SUPN	D	0.02%
CRSP	F	0.02%
GMED	B	0.02%
LANC	F	0.02%
ALHC	C	0.02%
VCEL	F	0.02%
VIAV	C	0.02%
SAFE	C	0.02%
IESC	A	0.02%
USNA	F	0.02%
AMCX	F	0.02%
CWK	D	0.01%
SFIX	F	0.01%
RBRK	D	0.01%
JOBY	C	0.01%
ZUO	F	0.01%
DINO	F	0.01%
MITK	F	0.01%
VAL	F	0.01%
PGEN	F	0.01%
AIN	F	0.01%
TTGT	F	0.01%
SWI	B	0.01%
ARR	D	0.01%
OMER	F	0.01%
BIGC	F	0.01%
GO	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	D	0.01%
TDC	D	0.01%
ALGM	F	0.01%
ENVA	B	0.01%
JAMF	F	0.01%
HQY	B	0.01%
CAKE	A	0.01%
UTL	D	0.01%
UPWK	D	0.01%
WTI	C	0.01%
BKH	C	0.01%
MBC	C	0.01%
VRE	C	0.01%
NWN	D	0.01%
TR	D	0.01%
NGVT	D	0.01%
HTZ	F	0.01%
BSIG	D	0.01%
PYCR	D	0.01%
ROIV	D	0.01%
SWX	C	0.01%
HCAT	C	0.01%
SWTX	F	0.01%
ENR	B	0.01%
STGW	B	0.01%
MLAB	B	0.01%
ALAB	C	0.01%
GEF	B	0.01%
GWRE	A	0.01%
UNFI	C	0.01%
XPRO	F	0.01%
NFBK	D	0.01%
KALU	D	0.01%
MBLY	F	0.01%
RHP	B	0.01%
NEXA	B	0.01%
ASGN	D	0.01%
AEIS	B	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	B	0.0%
SEE	C	0.0%
EGBN	C	0.0%
GDOT	C	0.0%
NBTB	D	0.0%
HPP	F	0.0%
CVBF	B	0.0%
RDN	D	0.0%
FULT	D	0.0%
BOH	D	0.0%
JXN	A	0.0%
TRMK	D	0.0%
DEI	A	0.0%
GNW	A	0.0%
PFBC	D	0.0%
BDN	B	0.0%
CASH	C	0.0%
TBBK	A	0.0%
CMA	C	0.0%
AX	D	0.0%
PRDO	D	0.0%
BKU	D	0.0%

SMLF Underweight 161 Positions Relative to VALQ

Symbol	Grade	Weight
AAPL	C	-2.66%
TEL	D	-2.56%
CMCSA	B	-2.21%
IBM	A	-2.21%
WMT	A	-2.1%
KMB	D	-2.09%
MSI	A	-2.06%
AMZN	C	-2.04%
EBAY	A	-1.96%
CL	D	-1.95%
HD	A	-1.94%
KO	C	-1.93%
ABBV	C	-1.92%
INGR	B	-1.81%
CTAS	C	-1.78%
HPQ	B	-1.76%
ETN	B	-1.75%
NFLX	A	-1.71%
VLTO	A	-1.7%
SPG	A	-1.67%
APH	D	-1.62%
JLL	C	-1.53%
TXN	C	-1.53%
CLX	C	-1.53%
TGT	C	-1.51%
LYB	B	-1.35%
UBER	C	-1.3%
MAS	C	-1.29%
BBY	C	-1.23%
PG	D	-1.13%
OTIS	A	-1.09%
GPC	D	-1.08%
MTD	C	-1.07%
ITW	C	-0.9%
CTSH	B	-0.77%
PYPL	A	-0.76%
CAH	B	-0.76%
BMY	A	-0.71%
CI	D	-0.7%
DOX	B	-0.69%
CSCO	A	-0.66%
SEIC	B	-0.65%
GOOGL	B	-0.58%
QCOM	D	-0.55%
MO	D	-0.52%
REYN	D	-0.51%
ECL	C	-0.47%
FFIV	B	-0.47%
NTAP	D	-0.44%
HUBB	A	-0.41%
DBX	C	-0.35%
AMCR	C	-0.35%
G	A	-0.34%
FLS	A	-0.33%
SHW	C	-0.33%
ZM	B	-0.32%
GWW	B	-0.29%
MSFT	D	-0.27%
DOCU	A	-0.26%
TT	A	-0.25%
NEU	F	-0.24%
PH	A	-0.24%
MPC	D	-0.23%
UHS	D	-0.23%
FICO	C	-0.21%
CAT	A	-0.21%
KR	C	-0.21%
DVA	C	-0.2%
COLM	B	-0.2%
LEN	C	-0.18%
ADSK	B	-0.18%
PPG	D	-0.17%
ROST	D	-0.17%
TJX	D	-0.17%
SYY	D	-0.16%
DPZ	D	-0.16%
AMKR	F	-0.16%
IDXX	D	-0.16%
EXPE	B	-0.11%
GL	C	-0.11%
SWKS	F	-0.11%
MMM	C	-0.11%
BKNG	B	-0.1%
META	A	-0.1%
LMT	A	-0.1%
GILD	A	-0.1%
AKAM	D	-0.09%
SSNC	C	-0.09%
ADBE	F	-0.09%
EPAM	F	-0.09%
FDX	F	-0.09%
TER	C	-0.09%
NTRS	B	-0.09%
INCY	B	-0.09%
JNJ	D	-0.09%
SNA	C	-0.09%
LDOS	A	-0.09%
TAP	D	-0.09%
NVR	C	-0.09%
FOXA	B	-0.09%
RGA	B	-0.09%
INFA	D	-0.09%
FTNT	A	-0.09%
AMAT	C	-0.09%
POST	C	-0.09%
PHM	C	-0.09%
STLD	C	-0.09%
EXPD	D	-0.09%
VRSN	C	-0.09%
DGX	D	-0.09%
KEYS	B	-0.09%
GIS	C	-0.09%
ALL	A	-0.09%
OMC	C	-0.09%
PGR	B	-0.09%
FIS	A	-0.09%
STT	A	-0.09%
BWA	C	-0.09%
TWLO	B	-0.09%
PKG	B	-0.09%
JKHY	A	-0.09%
HPE	B	-0.09%
DLB	D	-0.09%
CAG	D	-0.09%
CCK	C	-0.09%
TRMB	B	-0.09%
AVGO	B	-0.09%
RMD	C	-0.09%
BK	A	-0.09%
SAIC	A	-0.09%
SWK	C	-0.09%
SYF	A	-0.09%
AOS	C	-0.09%
HIG	A	-0.09%
QRVO	F	-0.08%
CHTR	D	-0.08%
TSN	D	-0.08%
VLO	F	-0.08%
CNC	F	-0.08%
GM	D	-0.08%
IQV	F	-0.08%
ELV	F	-0.08%
GDDY	B	-0.08%
TXT	F	-0.08%
JAZZ	F	-0.08%
EA	D	-0.08%
CPB	D	-0.08%
ADTN	C	-0.08%
KBH	D	-0.08%
KLAC	B	-0.08%
SKX	B	-0.08%
MHK	C	-0.08%
EG	A	-0.08%
TROW	D	-0.08%
FIZZ	F	-0.08%
LRCX	D	-0.08%
K	B	-0.08%
L	C	-0.08%
BRK.A	B	-0.08%
ALLY	F	-0.07%
MCK	F	-0.07%