SMLF vs. VIOO ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to Vanguard S&P Small-Cap 600 ETF (VIOO)

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

$65.33

Average Daily Volume

77,865

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

VIOO

Vanguard S&P Small-Cap 600 ETF

VIOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600Â® Index. The index measures the performance of small-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$105.43

Average Daily Volume

116,896

Number of Holdings ^*

577

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	VIOO
30 Days	1.12%	-0.99%
60 Days	6.77%	3.76%
90 Days	8.22%	8.70%
12 Months	32.20%	27.33%

246 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in VIOO	Overlap
ABG	D	0.15%	0.38%	0.15%
ACA	C	0.09%	0.34%	0.09%
ACLS	F	0.17%	0.27%	0.17%
AEIS	F	0.01%	0.3%	0.01%
AEO	B	0.06%	0.29%	0.06%
AGO	B	0.24%	0.32%	0.24%
AGYS	D	0.04%	0.17%	0.04%
AIN	F	0.01%	0.23%	0.01%
ALKS	B	0.3%	0.37%	0.3%
ALRM	F	0.03%	0.23%	0.03%
AMBC	F	0.05%	0.04%	0.04%
AMCX	F	0.02%	0.02%	0.02%
AMN	F	0.06%	0.1%	0.06%
AMPH	C	0.08%	0.14%	0.08%
AMR	F	0.15%	0.21%	0.15%
APOG	B	0.1%	0.11%	0.1%
ARCB	D	0.03%	0.19%	0.03%
ARCH	D	0.03%	0.19%	0.03%
AROC	B	0.11%	0.23%	0.11%
ASO	D	0.08%	0.31%	0.08%
ATEN	B	0.08%	0.07%	0.07%
ATI	B	0.17%	0.61%	0.17%
AVAV	B	0.05%	0.44%	0.05%
AWR	A	0.12%	0.23%	0.12%
AX	D	0.0%	0.27%	0.0%
BANF	D	0.12%	0.12%	0.12%
BCC	C	0.23%	0.41%	0.23%
BCPC	C	0.05%	0.44%	0.05%
BDN	A	0.0%	0.07%	0.0%
BKE	D	0.12%	0.09%	0.09%
BKU	D	0.0%	0.22%	0.0%
BL	D	0.14%	0.19%	0.14%
BLMN	F	0.07%	0.12%	0.07%
BMI	A	0.16%	0.47%	0.16%
BOH	D	0.0%	0.2%	0.0%
BOX	C	0.08%	0.36%	0.08%
BRC	C	0.18%	0.25%	0.18%
BSIG	D	0.01%	0.05%	0.01%
CAKE	A	0.01%	0.14%	0.01%
CAL	F	0.09%	0.11%	0.09%
CALX	C	0.03%	0.17%	0.03%
CARG	C	0.1%	0.17%	0.1%
CARS	F	0.08%	0.08%	0.08%
CASH	D	0.0%	0.13%	0.0%
CEIX	B	0.07%	0.21%	0.07%
CENTA	F	0.06%	0.14%	0.06%
CFFN	D	0.04%	0.06%	0.04%
CHCO	D	0.0%	0.13%	0.0%
CMA	C	0.0%	0.58%	0.0%
CNMD	D	0.07%	0.17%	0.07%
CNS	C	0.03%	0.18%	0.03%
COOP	B	0.4%	0.46%	0.4%
CORT	B	0.25%	0.25%	0.25%
CPRX	C	0.22%	0.17%	0.17%
CRC	B	0.09%	0.26%	0.09%
CRS	C	0.09%	0.55%	0.09%
CUBI	F	0.08%	0.11%	0.08%
CVBF	B	0.0%	0.19%	0.0%
CVCO	B	0.16%	0.25%	0.16%
CVI	F	0.04%	0.06%	0.04%
CWEN	C	0.18%	0.07%	0.07%
CWEN	C	0.18%	0.18%	0.18%
CWK	C	0.01%	0.2%	0.01%
CXW	F	0.07%	0.12%	0.07%
DAN	D	0.03%	0.11%	0.03%
DBI	F	0.03%	0.02%	0.02%
DEI	A	0.0%	0.21%	0.0%
DFIN	C	0.12%	0.13%	0.12%
DIN	D	0.04%	0.04%	0.04%
DLX	F	0.07%	0.07%	0.07%
DNOW	F	0.09%	0.11%	0.09%
DOCN	C	0.02%	0.15%	0.02%
DVAX	D	0.08%	0.11%	0.08%
DY	C	0.02%	0.39%	0.02%
EGBN	B	0.0%	0.05%	0.0%
EIG	B	0.07%	0.09%	0.07%
EMBC	F	0.03%	0.07%	0.03%
ENR	B	0.01%	0.17%	0.01%
ENSG	D	0.14%	0.65%	0.14%
ENVA	D	0.01%	0.18%	0.01%
EPAC	C	0.06%	0.17%	0.06%
EPC	F	0.01%	0.15%	0.01%
EVTC	D	0.03%	0.17%	0.03%
EXPI	C	0.11%	0.07%	0.07%
EXTR	C	0.17%	0.16%	0.16%
FBP	D	0.21%	0.27%	0.21%
FHB	D	0.07%	0.24%	0.07%
FL	F	0.03%	0.2%	0.03%
FN	B	0.06%	0.67%	0.06%
FSS	B	0.02%	0.44%	0.02%
FULT	D	0.0%	0.27%	0.0%
GDOT	C	0.0%	0.04%	0.0%
GEO	F	0.06%	0.14%	0.06%
GES	F	0.19%	0.04%	0.04%
GFF	C	0.12%	0.19%	0.12%
GIII	C	0.03%	0.08%	0.03%
GKOS	B	0.07%	0.52%	0.07%
GMS	C	0.08%	0.26%	0.08%
GNW	C	0.0%	0.23%	0.0%
GO	F	0.01%	0.14%	0.01%
GPI	C	0.21%	0.38%	0.21%
HAIN	B	0.02%	0.06%	0.02%
HASI	C	0.09%	0.28%	0.09%
HCC	B	0.06%	0.25%	0.06%
HI	F	0.08%	0.18%	0.08%
HIW	C	0.2%	0.26%	0.2%
HNI	B	0.03%	0.2%	0.03%
HP	F	0.09%	0.25%	0.09%
HPP	F	0.0%	0.05%	0.0%
HSII	C	0.26%	0.06%	0.06%
HSTM	B	0.04%	0.05%	0.04%
HTH	D	0.11%	0.12%	0.11%
HTZ	F	0.01%	0.03%	0.01%
HWKN	A	0.06%	0.18%	0.06%
IBP	B	0.05%	0.4%	0.05%
IDCC	A	0.07%	0.27%	0.07%
INVA	B	0.1%	0.08%	0.08%
IOSP	F	0.04%	0.22%	0.04%
IPAR	D	0.13%	0.18%	0.13%
IRWD	F	0.02%	0.05%	0.02%
ITGR	C	0.05%	0.33%	0.05%
ITRI	C	0.05%	0.36%	0.05%
JACK	F	0.09%	0.07%	0.07%
JBSS	F	0.21%	0.07%	0.07%
JOE	D	0.23%	0.16%	0.16%
JXN	A	0.0%	0.47%	0.0%
KALU	D	0.01%	0.09%	0.01%
KFY	C	0.02%	0.29%	0.02%
KLG	D	0.04%	0.09%	0.04%
KLIC	D	0.11%	0.19%	0.11%
KN	C	0.08%	0.13%	0.08%
KREF	C	0.04%	0.05%	0.04%
KSS	D	0.1%	0.16%	0.1%
KW	B	0.1%	0.1%	0.1%
LGND	D	0.08%	0.14%	0.08%
LMAT	B	0.02%	0.14%	0.02%
LPG	F	0.05%	0.1%	0.05%
LRN	C	0.14%	0.25%	0.14%
LUMN	C	0.18%	0.41%	0.18%
LXP	D	0.08%	0.23%	0.08%
MAC	C	0.31%	0.26%	0.26%
MATV	F	0.1%	0.08%	0.08%
MATX	C	0.19%	0.36%	0.19%
MC	C	0.0%	0.36%	0.0%
MCY	B	0.05%	0.13%	0.05%
MERC	D	0.06%	0.02%	0.02%
MLAB	B	0.01%	0.05%	0.01%
MLI	C	0.41%	0.63%	0.41%
MMSI	C	0.14%	0.43%	0.14%
MOG.A	A	0.03%	0.43%	0.03%
MPW	C	0.09%	0.21%	0.09%
MTRN	F	0.1%	0.18%	0.1%
NARI	F	0.06%	0.17%	0.06%
NATL	D	0.04%	0.15%	0.04%
NAVI	D	0.2%	0.1%	0.1%
NBR	F	0.06%	0.05%	0.05%
NBTB	D	0.0%	0.18%	0.0%
NGVT	D	0.01%	0.1%	0.01%
NSIT	B	0.09%	0.46%	0.09%
NTCT	B	0.11%	0.12%	0.11%
NUS	F	0.02%	0.03%	0.02%
NWL	D	0.02%	0.21%	0.02%
NWN	C	0.01%	0.12%	0.01%
NX	F	0.03%	0.09%	0.03%
ODP	F	0.14%	0.08%	0.08%
OFG	D	0.29%	0.17%	0.17%
OI	D	0.04%	0.15%	0.04%
OII	D	0.1%	0.21%	0.1%
OMI	F	0.06%	0.09%	0.06%
OSIS	B	0.02%	0.18%	0.02%
OTTR	F	0.07%	0.27%	0.07%
OUT	C	0.04%	0.19%	0.04%
OXM	F	0.07%	0.1%	0.07%
PBH	D	0.08%	0.29%	0.08%
PDCO	F	0.03%	0.14%	0.03%
PEB	D	0.01%	0.12%	0.01%
PFBC	D	0.0%	0.08%	0.0%
PHIN	C	0.08%	0.17%	0.08%
PIPR	B	0.3%	0.32%	0.3%
PLUS	C	0.09%	0.2%	0.09%
POWL	A	0.29%	0.12%	0.12%
PRDO	D	0.0%	0.11%	0.0%
PRG	C	0.18%	0.15%	0.15%
PRGS	B	0.18%	0.19%	0.18%
PTEN	F	0.11%	0.22%	0.11%
PZZA	D	0.05%	0.12%	0.05%
RAMP	F	0.02%	0.13%	0.02%
RCUS	F	0.05%	0.07%	0.05%
RDN	D	0.0%	0.42%	0.0%
RGNX	F	0.03%	0.04%	0.03%
RHI	D	0.16%	0.5%	0.16%
RUSHA	D	0.05%	0.25%	0.05%
SAH	D	0.04%	0.07%	0.04%
SANM	D	0.2%	0.29%	0.2%
SATS	C	0.16%	0.17%	0.16%
SEE	C	0.0%	0.39%	0.0%
SFBS	D	0.12%	0.3%	0.12%
SGH	D	0.03%	0.08%	0.03%
SHO	D	0.02%	0.16%	0.02%
SIG	C	0.28%	0.29%	0.28%
SKT	A	0.23%	0.26%	0.23%
SLG	C	0.46%	0.33%	0.33%
SLVM	C	0.02%	0.21%	0.02%
SM	F	0.07%	0.4%	0.07%
SMTC	C	0.05%	0.22%	0.05%
SNEX	C	0.07%	0.17%	0.07%
SONO	D	0.04%	0.12%	0.04%
SPSC	D	0.13%	0.57%	0.13%
SSTK	F	0.13%	0.07%	0.07%
SUPN	D	0.02%	0.15%	0.02%
SVC	F	0.04%	0.06%	0.04%
SWI	C	0.01%	0.05%	0.01%
TBBK	C	0.0%	0.21%	0.0%
TDS	B	0.04%	0.18%	0.04%
TILE	C	0.04%	0.08%	0.04%
TNC	F	0.07%	0.14%	0.07%
TPH	C	0.16%	0.32%	0.16%
TR	D	0.01%	0.04%	0.01%
TRMK	D	0.0%	0.16%	0.0%
TRN	C	0.06%	0.21%	0.06%
TTGT	F	0.01%	0.05%	0.01%
UNFI	B	0.01%	0.07%	0.01%
UNIT	B	0.07%	0.08%	0.07%
USNA	F	0.02%	0.03%	0.02%
UTL	C	0.01%	0.07%	0.01%
UVV	D	0.07%	0.1%	0.07%
VCEL	F	0.02%	0.19%	0.02%
VECO	F	0.13%	0.15%	0.13%
VFC	B	0.08%	0.46%	0.08%
VGR	B	0.33%	0.15%	0.15%
VIAV	B	0.02%	0.15%	0.02%
VIR	F	0.07%	0.06%	0.06%
VIRT	B	0.03%	0.21%	0.03%
VSTO	D	0.13%	0.18%	0.13%
VSTS	D	0.02%	0.14%	0.02%
WAFD	D	0.12%	0.19%	0.12%
WD	C	0.03%	0.28%	0.03%
WGO	D	0.05%	0.13%	0.05%
WLY	A	0.07%	0.16%	0.07%
WNC	F	0.08%	0.07%	0.07%
WOR	F	0.08%	0.11%	0.08%
WS	D	0.18%	0.08%	0.08%
XHR	B	0.03%	0.11%	0.03%
XNCR	D	0.13%	0.08%	0.08%
XRX	D	0.23%	0.1%	0.1%
YELP	D	0.06%	0.18%	0.06%

SMLF Overweight 570 Positions Relative to VIOO

Symbol	Grade	Weight
EME	C	0.84%
EVR	C	0.72%
APP	A	0.7%
DECK	B	0.68%
BPOP	D	0.57%
JBL	D	0.55%
MANH	C	0.53%
WSM	B	0.52%
NTNX	C	0.5%
NVT	D	0.5%
RS	D	0.48%
SFM	A	0.48%
ALSN	A	0.48%
WING	B	0.47%
HRB	C	0.45%
AXON	A	0.45%
IDA	C	0.43%
CSL	A	0.42%
DKS	D	0.42%
LPX	A	0.41%
FIX	A	0.41%
ORI	B	0.41%
CNM	F	0.41%
MSTR	B	0.41%
MEDP	F	0.4%
DUOL	B	0.4%
IOT	C	0.4%
VNO	A	0.4%
AM	A	0.39%
COCO	C	0.39%
PCOR	D	0.38%
IBKR	A	0.37%
LBRDA	B	0.37%
BRX	C	0.37%
WFRD	F	0.37%
UTHR	C	0.37%
LAMR	C	0.36%
FR	C	0.35%
NTRA	A	0.35%
CR	B	0.34%
CHE	C	0.34%
CVNA	A	0.34%
GTLB	D	0.34%
TTEK	B	0.34%
JEF	A	0.34%
SOLV	C	0.33%
THC	C	0.33%
CAVA	C	0.32%
ANF	F	0.32%
EWBC	D	0.32%
ITT	B	0.32%
AYI	A	0.31%
WSO	C	0.31%
WK	D	0.31%
XRAY	D	0.31%
GGG	B	0.31%
SN	B	0.3%
DDS	D	0.3%
PSTG	F	0.3%
SPXC	C	0.3%
CROX	C	0.29%
MOD	B	0.29%
FLEX	C	0.29%
YOU	C	0.29%
GPK	C	0.28%
SMAR	A	0.27%
HALO	D	0.27%
JHG	C	0.27%
ENTG	D	0.27%
AN	C	0.27%
TPR	B	0.26%
PRI	A	0.26%
IMKTA	F	0.26%
CHK	D	0.26%
R	C	0.26%
AMH	D	0.26%
LBTYA	A	0.26%
FCNCA	D	0.25%
TPX	C	0.25%
APA	F	0.25%
COKE	B	0.25%
LSCC	D	0.25%
BLD	C	0.25%
HURN	D	0.24%
LNTH	C	0.24%
TREX	D	0.24%
UFPI	C	0.24%
STRL	B	0.24%
SMG	A	0.23%
AMG	B	0.23%
ETSY	F	0.23%
RNR	A	0.23%
GAP	F	0.23%
HAS	A	0.23%
W	D	0.23%
INTA	C	0.23%
SRPT	F	0.23%
ESTC	F	0.23%
ARW	C	0.22%
AXSM	B	0.22%
AZPN	C	0.22%
DNLI	C	0.22%
BBWI	F	0.22%
AGCO	D	0.22%
OVV	F	0.22%
LIVN	B	0.21%
ONTO	B	0.21%
CBSH	D	0.21%
RPM	A	0.21%
AR	B	0.21%
CFR	D	0.21%
CW	A	0.21%
ATKR	F	0.2%
RMBS	F	0.2%
GLPI	A	0.2%
TKR	D	0.2%
ZION	D	0.2%
RRX	C	0.2%
MUR	F	0.2%
EXLS	A	0.2%
AGNC	C	0.19%
HAE	D	0.19%
RRC	D	0.19%
HOG	D	0.19%
TPG	B	0.19%
EXEL	B	0.19%
NDSN	B	0.19%
ELF	F	0.19%
BRKR	D	0.19%
AVNT	C	0.19%
M	F	0.19%
ACM	C	0.19%
TEX	F	0.19%
LNW	F	0.18%
TDOC	D	0.18%
FROG	F	0.18%
KFRC	F	0.18%
KNSL	D	0.18%
PDM	C	0.18%
DCI	B	0.18%
ALLE	A	0.17%
AIZ	A	0.17%
VOYA	A	0.17%
RNG	F	0.17%
OC	C	0.17%
PI	B	0.17%
VCYT	C	0.17%
PGRE	D	0.17%
PVH	F	0.17%
USFD	C	0.17%
TOL	A	0.17%
FAF	B	0.17%
WCC	C	0.17%
KRG	C	0.17%
TTC	D	0.16%
BJ	D	0.16%
SLM	C	0.16%
TOST	C	0.16%
SKY	B	0.16%
IGT	F	0.16%
ESAB	C	0.16%
HLI	C	0.16%
IONS	F	0.16%
PRKS	D	0.16%
SSD	B	0.16%
SPB	C	0.16%
MMYT	D	0.16%
SQSP	A	0.16%
DTM	A	0.16%
WTM	D	0.15%
NJR	C	0.15%
OMF	F	0.15%
TNL	B	0.15%
RL	B	0.15%
SF	A	0.15%
AY	C	0.15%
CNO	C	0.15%
NOVT	C	0.15%
ONON	C	0.15%
KIM	C	0.15%
SPT	F	0.15%
IVT	C	0.15%
ACLX	C	0.15%
GH	F	0.15%
NUVL	B	0.15%
ESI	B	0.15%
TNET	F	0.14%
CMC	D	0.14%
OGS	C	0.14%
BSY	D	0.14%
NSP	F	0.14%
SCI	C	0.14%
GME	F	0.14%
UA	B	0.14%
CRUS	D	0.14%
RGLD	C	0.14%
INSP	B	0.14%
FYBR	C	0.14%
SBGI	B	0.14%
SRCE	D	0.14%
OGE	A	0.13%
HOV	D	0.13%
BRZE	F	0.13%
YEXT	B	0.13%
KRC	C	0.13%
NOV	F	0.13%
BPMC	F	0.13%
GNRC	B	0.13%
WTS	C	0.13%
NYT	A	0.13%
CUBE	C	0.13%
RYAN	A	0.13%
GOLF	F	0.13%
FTAI	A	0.13%
DOCS	A	0.13%
HUN	B	0.13%
CBT	B	0.13%
BLKB	C	0.13%
MFA	C	0.13%
KBR	C	0.13%
THO	B	0.13%
NFG	A	0.13%
GATX	F	0.13%
XPO	F	0.13%
WMS	D	0.13%
VMI	B	0.13%
AA	B	0.13%
OLN	D	0.12%
CHX	D	0.12%
VRNS	C	0.12%
BWXT	A	0.12%
PCTY	B	0.12%
ALX	C	0.12%
KAI	C	0.12%
NNN	A	0.12%
UMBF	C	0.12%
QLYS	F	0.12%
LILA	B	0.12%
BCRX	D	0.12%
MAT	D	0.12%
ACCO	C	0.12%
WEN	D	0.12%
SR	C	0.12%
VSH	F	0.11%
ACAD	F	0.11%
SON	D	0.11%
PNM	B	0.11%
AIT	B	0.11%
CMPR	F	0.11%
WH	C	0.11%
BAND	D	0.11%
SYNA	D	0.11%
PARA	F	0.11%
CYTK	F	0.11%
UGI	C	0.11%
INSM	D	0.11%
ICFI	C	0.11%
BERY	C	0.11%
PCVX	B	0.11%
COUR	F	0.11%
OPCH	F	0.11%
OSCR	C	0.11%
EXPO	A	0.11%
WEX	C	0.11%
NSSC	F	0.1%
AAN	C	0.1%
UPBD	F	0.1%
TMHC	C	0.1%
SAIA	D	0.1%
OHI	C	0.1%
FHI	C	0.1%
BASE	F	0.1%
WSC	D	0.1%
BC	D	0.1%
MTG	B	0.1%
NYCB	D	0.1%
WAL	C	0.1%
IVZ	A	0.1%
SWN	D	0.1%
X	F	0.1%
LSTR	D	0.1%
LAZ	C	0.1%
EGP	D	0.1%
VMEO	C	0.1%
RDDT	B	0.1%
LOVE	C	0.1%
APG	F	0.09%
BDC	B	0.09%
CACC	F	0.09%
LBTYK	A	0.09%
EEFT	F	0.09%
YETI	B	0.09%
BECN	F	0.09%
ALIT	D	0.09%
CXT	F	0.09%
SITC	F	0.09%
MIDD	D	0.09%
MTN	D	0.09%
HIMS	B	0.09%
MCB	B	0.09%
CHDN	D	0.09%
IBOC	D	0.09%
AGM	F	0.09%
LYFT	D	0.08%
TENB	F	0.08%
LZ	F	0.08%
FLR	D	0.08%
CRDO	B	0.08%
BCO	C	0.08%
CAR	D	0.08%
FLNC	C	0.08%
PD	F	0.08%
NXST	D	0.08%
ILPT	D	0.08%
MTSI	B	0.08%
PNFP	D	0.08%
PLNT	B	0.08%
CSWI	B	0.08%
ASB	F	0.08%
MKSI	F	0.08%
SCS	D	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%
ASH	F	0.08%
MRC	D	0.08%
ALV	F	0.08%
ADEA	C	0.07%
CLH	C	0.07%
GCO	F	0.07%
TXRH	A	0.07%
APPF	C	0.07%
PEGA	B	0.07%
AZEK	C	0.07%
ANAB	D	0.07%
SANA	F	0.07%
FLO	D	0.07%
HWC	D	0.07%
ANGI	D	0.07%
HE	F	0.07%
EQC	D	0.07%
HOUS	D	0.07%
DH	F	0.07%
RIG	F	0.07%
RYN	C	0.07%
MASI	B	0.07%
AIV	C	0.07%
KNF	C	0.07%
VKTX	C	0.07%
SFL	D	0.07%
NTB	D	0.07%
MED	F	0.07%
CVLT	C	0.07%
OZK	F	0.07%
ACHC	F	0.07%
WYNN	B	0.07%
COTY	F	0.07%
POR	C	0.07%
HEES	D	0.07%
PK	D	0.06%
GPMT	D	0.06%
WBA	F	0.06%
NVST	D	0.06%
APLS	F	0.06%
AGX	A	0.06%
PEN	D	0.06%
CASY	D	0.06%
VAC	D	0.06%
LFUS	C	0.06%
FIVN	F	0.06%
NXT	F	0.06%
AMLX	D	0.06%
MDU	C	0.06%
LADR	D	0.06%
DOMO	F	0.06%
AMRX	B	0.06%
ADMA	C	0.06%
CC	D	0.06%
AMPL	D	0.06%
STWD	C	0.06%
AVDX	F	0.05%
PFSI	C	0.05%
OLED	C	0.05%
MAN	D	0.05%
BKD	D	0.05%
ASAN	F	0.05%
VNT	F	0.05%
ACI	F	0.05%
EHC	B	0.05%
BEAM	F	0.05%
CTBI	D	0.05%
CERS	F	0.05%
NHI	C	0.05%
RKT	C	0.05%
CNX	A	0.05%
WTTR	C	0.05%
FOLD	F	0.05%
ITCI	D	0.05%
BRBR	C	0.05%
S	C	0.05%
LECO	D	0.05%
ZIP	D	0.05%
KOS	F	0.05%
MMS	B	0.05%
AFRM	C	0.05%
EYPT	F	0.05%
CELH	F	0.05%
PATH	D	0.05%
FUN	F	0.05%
THR	F	0.05%
SITE	D	0.05%
KD	F	0.05%
IRTC	F	0.05%
MDXG	F	0.04%
CLVT	D	0.04%
SPRY	B	0.04%
FHN	D	0.04%
ACCD	F	0.04%
SLAB	D	0.04%
OPI	F	0.04%
QDEL	D	0.04%
TARS	C	0.04%
CGEM	F	0.04%
SOFI	C	0.04%
ARRY	F	0.04%
SNV	D	0.04%
DAWN	D	0.04%
PRGO	F	0.04%
IVR	C	0.04%
RDFN	C	0.04%
AGS	B	0.04%
HELE	D	0.04%
SNBR	C	0.04%
EVH	D	0.04%
WBS	D	0.04%
AVXL	D	0.04%
VITL	B	0.04%
NRC	F	0.04%
FFIN	D	0.04%
HLF	F	0.04%
STAG	D	0.04%
FCN	C	0.04%
ENS	D	0.04%
ROKU	C	0.04%
QRTEA	F	0.03%
RYI	F	0.03%
TSE	B	0.03%
CIEN	A	0.03%
VNDA	F	0.03%
TCBI	C	0.03%
OFIX	D	0.03%
ATRC	C	0.03%
DNB	D	0.03%
MGNI	D	0.03%
ADT	D	0.03%
SNDX	F	0.03%
OPEN	F	0.03%
BILL	D	0.03%
CHRD	F	0.03%
LTH	C	0.03%
REVG	D	0.03%
TWO	D	0.03%
JELD	D	0.03%
SWIM	B	0.03%
BRSP	D	0.03%
UDMY	F	0.03%
CHWY	C	0.03%
TLRY	F	0.03%
TPB	A	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%
RVMD	B	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%
MSM	D	0.02%
KVYO	B	0.02%
KRNY	C	0.02%
BMBL	F	0.02%
CACI	A	0.02%
WOOF	A	0.02%
HMST	B	0.02%
OLPX	C	0.02%
WTFC	D	0.02%
PII	D	0.02%
BRY	F	0.02%
MTW	F	0.02%
EDR	A	0.02%
GPRO	D	0.02%
DYN	D	0.02%
MSA	F	0.02%
EVRI	A	0.02%
PR	F	0.02%
ARCT	D	0.02%
RLJ	D	0.02%
PTCT	C	0.02%
AKRO	C	0.02%
EPR	C	0.02%
CNDT	B	0.02%
TGTX	C	0.02%
PBF	F	0.02%
JANX	D	0.02%
CRSP	F	0.02%
GMED	D	0.02%
LANC	F	0.02%
ALHC	B	0.02%
AXTA	C	0.02%
SAFE	C	0.02%
IESC	B	0.02%
SFIX	F	0.01%
RBRK	F	0.01%
JOBY	D	0.01%
ZUO	F	0.01%
DINO	F	0.01%
MITK	F	0.01%
VAL	F	0.01%
PGEN	F	0.01%
ARR	D	0.01%
OMER	D	0.01%
BIGC	F	0.01%
CRAI	C	0.01%
PCH	C	0.01%
POWI	F	0.01%
FLWS	F	0.01%
OIS	F	0.01%
TDC	D	0.01%
ALGM	F	0.01%
JAMF	F	0.01%
HQY	C	0.01%
UPWK	D	0.01%
WTI	D	0.01%
BKH	C	0.01%
MBC	C	0.01%
VRE	C	0.01%
PYCR	D	0.01%
ROIV	D	0.01%
SWX	C	0.01%
HCAT	C	0.01%
SWTX	F	0.01%
AXS	A	0.01%
STGW	B	0.01%
ALAB	D	0.01%
GEF	D	0.01%
GWRE	A	0.01%
BYD	C	0.01%
XPRO	F	0.01%
NFBK	D	0.01%
MBLY	F	0.01%
RHP	C	0.01%
NEXA	B	0.01%
ASGN	D	0.01%
RXT	C	0.01%
HXL	F	0.01%
SSB	C	0.01%
HYFM	D	0.0%
BFH	D	0.0%
UNM	A	0.0%

SMLF Underweight 331 Positions Relative to VIOO

Symbol	Grade	Weight
MTH	C	-0.55%
OGN	F	-0.44%
EPRT	C	-0.43%
LNC	D	-0.42%
AWI	A	-0.42%
ACIW	B	-0.41%
AL	D	-0.37%
KRYS	D	-0.37%
FUL	F	-0.36%
PECO	C	-0.35%
RUN	D	-0.35%
MARA	F	-0.35%
ALK	B	-0.35%
VRRM	D	-0.35%
MGY	B	-0.35%
RDNT	C	-0.34%
MHO	C	-0.34%
TDW	F	-0.33%
FELE	C	-0.32%
CTRE	B	-0.32%
ABCB	C	-0.31%
BOOT	A	-0.31%
WHD	B	-0.3%
GTES	C	-0.29%
FTDR	C	-0.29%
SHAK	C	-0.29%
FORM	F	-0.29%
BGC	C	-0.29%
SEM	D	-0.29%
ABM	D	-0.28%
UCBI	B	-0.28%
NOG	F	-0.28%
IAC	C	-0.28%
DXC	D	-0.28%
KTB	B	-0.28%
MSGS	A	-0.27%
PLXS	B	-0.27%
IIPR	C	-0.27%
AUB	D	-0.27%
WDFC	B	-0.27%
RXO	D	-0.26%
NPO	C	-0.26%
ICUI	B	-0.26%
CATY	D	-0.25%
BXMT	C	-0.25%
DIOD	F	-0.25%
CBU	D	-0.25%
APLE	D	-0.25%
WSFS	D	-0.25%
NMIH	C	-0.25%
SXT	C	-0.25%
GVA	A	-0.25%
ESE	B	-0.24%
SHOO	A	-0.24%
SKYW	B	-0.24%
LBRT	F	-0.24%
MGEE	C	-0.24%
ENV	C	-0.24%
DORM	C	-0.24%
EAT	A	-0.24%
CWT	D	-0.24%
REZI	D	-0.23%
CCOI	B	-0.23%
LCII	B	-0.23%
AVA	D	-0.23%
TNDM	D	-0.22%
CCS	C	-0.22%
STEP	A	-0.22%
ATGE	D	-0.22%
UNF	A	-0.22%
JBT	B	-0.22%
SMPL	D	-0.22%
CRVL	C	-0.22%
APAM	C	-0.22%
HUBG	D	-0.22%
CNK	C	-0.22%
CALM	B	-0.22%
SFNC	C	-0.21%
INDB	D	-0.21%
AAP	F	-0.21%
PATK	C	-0.21%
PJT	C	-0.21%
DV	F	-0.21%
PENN	D	-0.21%
SITM	B	-0.2%
ABR	C	-0.2%
MYGN	D	-0.2%
FCPT	C	-0.2%
CPK	C	-0.2%
JJSF	B	-0.2%
PRFT	A	-0.2%
AZZ	C	-0.19%
PLMR	C	-0.19%
BTU	B	-0.19%
PPBI	F	-0.19%
MTX	B	-0.19%
PFS	D	-0.19%
UE	C	-0.19%
PTGX	C	-0.19%
FFBC	D	-0.19%
PRK	D	-0.19%
SBCF	D	-0.18%
AKR	C	-0.18%
WERN	D	-0.18%
KWR	D	-0.18%
ADUS	D	-0.18%
UFPT	D	-0.18%
AIR	D	-0.17%
RNST	D	-0.17%
LGIH	C	-0.17%
HBI	B	-0.17%
PSMT	B	-0.17%
B	C	-0.16%
KMT	C	-0.16%
STC	C	-0.16%
OMCL	C	-0.16%
BANR	C	-0.16%
URBN	F	-0.16%
FTRE	F	-0.16%
PRVA	F	-0.16%
IBTX	D	-0.16%
NEO	F	-0.16%
MLKN	F	-0.16%
STRA	F	-0.16%
SXI	C	-0.16%
ROCK	D	-0.16%
GSHD	B	-0.16%
PINC	F	-0.16%
ALG	D	-0.15%
ROIC	C	-0.15%
THS	C	-0.15%
BANC	D	-0.15%
MRCY	B	-0.15%
TTMI	D	-0.15%
GRBK	C	-0.15%
ASTH	A	-0.15%
TALO	F	-0.14%
ROG	D	-0.14%
VSCO	C	-0.14%
DRH	C	-0.14%
NHC	D	-0.14%
KAR	D	-0.14%
HAYW	B	-0.14%
PLAB	D	-0.13%
STBA	D	-0.13%
TRUP	D	-0.13%
NBHC	D	-0.13%
SCL	D	-0.13%
HLIT	C	-0.13%
GNL	D	-0.13%
FOXF	F	-0.13%
MYRG	F	-0.13%
UCTT	D	-0.13%
LEG	D	-0.13%
FBK	D	-0.13%
JBLU	B	-0.13%
LZB	C	-0.13%
SJW	D	-0.13%
LKFN	F	-0.13%
FBNC	D	-0.13%
FCF	D	-0.13%
NWBI	D	-0.13%
CTS	B	-0.12%
GBX	C	-0.12%
CHEF	C	-0.12%
BHE	C	-0.12%
HOPE	D	-0.12%
GTY	C	-0.12%
TRIP	F	-0.12%
LTC	D	-0.12%
THRM	F	-0.12%
CABO	F	-0.12%
HLX	D	-0.12%
ANDE	D	-0.12%
STAA	D	-0.12%
VBTX	C	-0.11%
SPNT	D	-0.11%
CSGS	C	-0.11%
WABC	F	-0.11%
ARI	F	-0.11%
SEDG	F	-0.11%
IART	F	-0.11%
MGPI	D	-0.11%
VRTS	F	-0.11%
AMWD	B	-0.11%
MODG	F	-0.11%
ALEX	D	-0.11%
JBGS	C	-0.11%
HMN	B	-0.11%
NVEE	F	-0.1%
COLL	B	-0.1%
SCSC	D	-0.1%
COHU	F	-0.1%
RC	F	-0.1%
USPH	F	-0.1%
SAFT	D	-0.1%
CERT	F	-0.1%
AAT	C	-0.1%
SBH	C	-0.1%
DEA	D	-0.1%
LNN	C	-0.1%
CSR	D	-0.09%
EFC	D	-0.09%
MSEX	C	-0.09%
HRMY	D	-0.09%
ARLO	F	-0.09%
MXL	F	-0.09%
SDGR	F	-0.09%
SABR	B	-0.09%
BHLB	D	-0.09%
VSAT	F	-0.09%
ECPG	F	-0.09%
PARR	F	-0.09%
PMT	C	-0.09%
SBSI	D	-0.08%
MCRI	B	-0.08%
RWT	C	-0.08%
SNDR	C	-0.08%
FWRD	D	-0.08%
QNST	B	-0.08%
MRTN	F	-0.08%
PLAY	D	-0.08%
CRK	B	-0.08%
ICHR	D	-0.08%
FIZZ	D	-0.08%
TGI	F	-0.08%
DGII	B	-0.08%
CXM	F	-0.08%
NXRT	D	-0.08%
WWW	A	-0.08%
PBI	C	-0.08%
AVNS	D	-0.08%
AHCO	C	-0.07%
VICR	B	-0.07%
CBRL	D	-0.07%
MD	B	-0.07%
NABL	F	-0.07%
BRKL	D	-0.07%
DCOM	C	-0.07%
GPRE	F	-0.07%
CLB	D	-0.07%
PRAA	F	-0.07%
XPEL	D	-0.07%
BLFS	D	-0.07%
MMI	C	-0.07%
NVRI	D	-0.07%
AMSF	B	-0.07%
VTOL	D	-0.07%
PDFS	F	-0.07%
AOSL	D	-0.07%
ANIP	F	-0.07%
FDP	C	-0.07%
BJRI	D	-0.06%
SCVL	D	-0.06%
DXPE	C	-0.06%
PCRX	F	-0.06%
INN	A	-0.06%
RGR	F	-0.06%
VVI	B	-0.06%
CPF	C	-0.06%
CENX	B	-0.06%
SXC	F	-0.06%
AXL	F	-0.06%
SPTN	B	-0.06%
HAYN	B	-0.06%
SHEN	F	-0.06%
TMP	D	-0.06%
ASTE	F	-0.06%
PRLB	F	-0.06%
MATW	F	-0.06%
HFWA	D	-0.06%
ASIX	A	-0.06%
HCSG	D	-0.06%
MNRO	B	-0.06%
SCHL	F	-0.06%
AHH	F	-0.06%
CNXN	C	-0.06%
EYE	F	-0.06%
KOP	F	-0.06%
HAFC	D	-0.05%
SMP	D	-0.05%
MCW	F	-0.05%
ALGT	D	-0.05%
MTUS	F	-0.05%
EZPW	D	-0.05%
WSR	C	-0.05%
CHUY	B	-0.05%
HZO	D	-0.05%
PUMP	F	-0.05%
TRST	D	-0.05%
IIIN	F	-0.05%
BGS	D	-0.05%
KELYA	D	-0.05%
PRA	B	-0.05%
REX	D	-0.05%
HCI	B	-0.05%
GDEN	D	-0.05%
ETH	F	-0.05%
CHCT	F	-0.04%
FLGT	F	-0.04%
LQDT	C	-0.04%
GOGO	F	-0.04%
CCRN	F	-0.04%
VREX	F	-0.04%
BFS	A	-0.04%
RES	D	-0.04%
CTKB	F	-0.04%
CLW	F	-0.04%
LESL	F	-0.04%
CEVA	B	-0.04%
HTLD	F	-0.04%
MYE	F	-0.04%
UHT	C	-0.04%
THRY	F	-0.04%
SLP	F	-0.04%
CNSL	A	-0.03%
HVT	F	-0.03%
CENT	F	-0.03%
MOV	F	-0.03%
ZEUS	F	-0.03%
WRLD	D	-0.03%
CVGW	B	-0.03%
NPK	F	-0.03%
SNCY	D	-0.03%
TWI	F	-0.03%
PAHC	C	-0.03%
UFCS	D	-0.03%
DDD	D	-0.02%
CMP	D	-0.02%
CRSR	D	-0.02%
RILY	F	-0.01%