SPSM vs. FYX ETF Comparison

Comparison of SPDR Portfolio Small Cap ETF (SPSM) to First Trust Small Cap Core AlphaDEX (FYX)

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.68

Average Daily Volume

1,609,566

Number of Holdings ^*

576

* may have additional holdings in another (foreign) market

FYX

First Trust Small Cap Core AlphaDEX

FYX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Small Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P SmallCap 600(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$100.20

Average Daily Volume

23,203

Number of Holdings ^*

494

* may have additional holdings in another (foreign) market

Performance

Period	SPSM	FYX
30 Days	1.60%	2.69%
60 Days	1.83%	2.02%
90 Days	9.97%	11.14%
12 Months	21.45%	21.55%

306 Overlapping Holdings

Symbol	Grade	Weight in SPSM	Weight in FYX	Overlap
AAT	B	0.1%	0.29%	0.1%
ABM	D	0.26%	0.24%	0.24%
ABR	B	0.21%	0.24%	0.21%
ACIW	B	0.4%	0.29%	0.29%
ADUS	B	0.18%	0.07%	0.07%
AGYS	D	0.16%	0.24%	0.16%
AIN	D	0.21%	0.12%	0.12%
AIR	C	0.18%	0.05%	0.05%
AKR	C	0.19%	0.15%	0.15%
ALEX	B	0.11%	0.14%	0.11%
ALG	D	0.15%	0.06%	0.06%
ALGT	F	0.05%	0.25%	0.05%
ALRM	F	0.22%	0.05%	0.05%
AMN	F	0.14%	0.21%	0.14%
ANDE	D	0.12%	0.23%	0.12%
ANIP	D	0.07%	0.11%	0.07%
APAM	C	0.22%	0.06%	0.06%
APOG	B	0.11%	0.18%	0.11%
ARCB	D	0.19%	0.17%	0.17%
ARCH	F	0.18%	0.25%	0.18%
ARI	F	0.1%	0.06%	0.06%
AROC	C	0.23%	0.29%	0.23%
ASTH	B	0.18%	0.08%	0.08%
ATGE	D	0.22%	0.32%	0.22%
AUB	C	0.27%	0.2%	0.2%
AVA	B	0.24%	0.33%	0.24%
AX	D	0.25%	0.26%	0.25%
AZZ	C	0.18%	0.3%	0.18%
B	D	0.15%	0.05%	0.05%
BANF	B	0.12%	0.14%	0.12%
BANR	B	0.16%	0.27%	0.16%
BHLB	C	0.09%	0.07%	0.07%
BKE	B	0.1%	0.21%	0.1%
BKU	C	0.21%	0.29%	0.21%
BLMN	F	0.11%	0.1%	0.1%
BOH	C	0.2%	0.07%	0.07%
BOOT	B	0.37%	0.07%	0.07%
BRC	B	0.26%	0.27%	0.26%
CABO	F	0.12%	0.28%	0.12%
CAKE	C	0.14%	0.06%	0.06%
CAL	F	0.08%	0.16%	0.08%
CALM	B	0.22%	0.34%	0.22%
CARG	B	0.18%	0.13%	0.13%
CARS	D	0.08%	0.16%	0.08%
CASH	B	0.13%	0.21%	0.13%
CATY	B	0.24%	0.26%	0.24%
CBRL	D	0.07%	0.16%	0.07%
CBU	C	0.24%	0.15%	0.15%
CCS	B	0.23%	0.37%	0.23%
CEIX	D	0.2%	0.28%	0.2%
CENTA	D	0.14%	0.24%	0.14%
CENX	D	0.06%	0.19%	0.06%
CHCO	B	0.14%	0.2%	0.14%
CHEF	C	0.11%	0.06%	0.06%
CNK	B	0.24%	0.4%	0.24%
CNXN	B	0.06%	0.13%	0.06%
COHU	F	0.09%	0.04%	0.04%
COLL	B	0.1%	0.27%	0.1%
CORT	B	0.27%	0.27%	0.27%
CPK	B	0.22%	0.14%	0.14%
CPRX	B	0.18%	0.16%	0.16%
CRC	C	0.25%	0.28%	0.25%
CRK	D	0.08%	0.23%	0.08%
CRS	B	0.56%	0.39%	0.39%
CRSR	F	0.02%	0.03%	0.02%
CSGS	C	0.1%	0.14%	0.1%
CTRE	B	0.35%	0.07%	0.07%
CTS	D	0.11%	0.11%	0.11%
CUBI	F	0.11%	0.3%	0.11%
CVBF	C	0.19%	0.18%	0.18%
CVCO	B	0.26%	0.15%	0.15%
CWEN	B	0.07%	0.14%	0.07%
CWEN	B	0.19%	0.14%	0.14%
CWT	C	0.25%	0.2%	0.2%
CXW	F	0.11%	0.3%	0.11%
DAN	F	0.1%	0.19%	0.1%
DEA	B	0.11%	0.2%	0.11%
DEI	B	0.22%	0.22%	0.22%
DFIN	B	0.13%	0.2%	0.13%
DIOD	F	0.23%	0.2%	0.2%
DNOW	D	0.1%	0.26%	0.1%
DOCN	B	0.17%	0.07%	0.07%
DORM	B	0.25%	0.22%	0.22%
DRH	C	0.14%	0.06%	0.06%
DY	B	0.42%	0.33%	0.33%
EAT	B	0.25%	0.12%	0.12%
EIG	B	0.09%	0.34%	0.09%
ENR	F	0.15%	0.06%	0.06%
ENV	C	0.25%	0.18%	0.18%
ENVA	C	0.17%	0.3%	0.17%
EPAC	B	0.18%	0.26%	0.18%
EPC	F	0.15%	0.22%	0.15%
ESE	B	0.24%	0.07%	0.07%
EXTR	C	0.15%	0.07%	0.07%
EYE	F	0.07%	0.05%	0.05%
FBK	B	0.13%	0.14%	0.13%
FBNC	B	0.14%	0.23%	0.14%
FBP	C	0.26%	0.13%	0.13%
FCF	C	0.13%	0.29%	0.13%
FCPT	A	0.22%	0.07%	0.07%
FDP	B	0.08%	0.16%	0.08%
FFBC	C	0.19%	0.27%	0.19%
FHB	C	0.23%	0.2%	0.2%
FORM	F	0.27%	0.13%	0.13%
FOXF	F	0.13%	0.14%	0.13%
FTDR	B	0.29%	0.26%	0.26%
FTRE	F	0.15%	0.05%	0.05%
FULT	C	0.25%	0.19%	0.19%
FWRD	C	0.09%	0.11%	0.09%
GBX	C	0.12%	0.23%	0.12%
GDEN	D	0.06%	0.31%	0.06%
GEO	F	0.14%	0.16%	0.14%
GES	F	0.04%	0.28%	0.04%
GFF	C	0.2%	0.18%	0.18%
GIII	C	0.1%	0.13%	0.1%
GNW	B	0.23%	0.13%	0.13%
GO	F	0.13%	0.09%	0.09%
GOGO	F	0.03%	0.14%	0.03%
GPRE	F	0.06%	0.05%	0.05%
GRBK	B	0.16%	0.16%	0.16%
GTY	B	0.12%	0.22%	0.12%
GVA	B	0.27%	0.36%	0.27%
HASI	B	0.31%	0.21%	0.21%
HAYW	C	0.13%	0.07%	0.07%
HI	F	0.15%	0.08%	0.08%
HIW	B	0.27%	0.3%	0.27%
HLX	D	0.11%	0.24%	0.11%
HMN	C	0.11%	0.12%	0.11%
HNI	B	0.19%	0.14%	0.14%
HOPE	B	0.12%	0.2%	0.12%
HPP	D	0.05%	0.31%	0.05%
HRMY	B	0.1%	0.08%	0.08%
HTH	C	0.12%	0.12%	0.12%
HTLD	D	0.04%	0.18%	0.04%
HTZ	D	0.03%	0.23%	0.03%
HUBG	C	0.22%	0.25%	0.22%
HWKN	B	0.18%	0.39%	0.18%
IART	F	0.09%	0.07%	0.07%
ICUI	B	0.29%	0.27%	0.27%
IDCC	B	0.27%	0.28%	0.27%
IIPR	B	0.29%	0.21%	0.21%
INDB	C	0.2%	0.28%	0.2%
INVA	B	0.09%	0.36%	0.09%
IOSP	D	0.21%	0.1%	0.1%
ITRI	C	0.37%	0.3%	0.3%
JBGS	B	0.12%	0.14%	0.12%
JBT	D	0.22%	0.28%	0.22%
JJSF	C	0.2%	0.18%	0.18%
JOE	C	0.17%	0.13%	0.13%
KALU	F	0.09%	0.14%	0.09%
KFY	B	0.29%	0.12%	0.12%
KLG	C	0.1%	0.2%	0.1%
KMT	B	0.16%	0.26%	0.16%
KN	D	0.12%	0.24%	0.12%
KOP	F	0.06%	0.3%	0.06%
KRYS	D	0.39%	0.32%	0.32%
KSS	F	0.17%	0.26%	0.17%
KW	C	0.1%	0.07%	0.07%
LCII	C	0.24%	0.13%	0.13%
LEG	D	0.13%	0.06%	0.06%
LGIH	C	0.18%	0.29%	0.18%
LGND	C	0.14%	0.29%	0.14%
LKFN	C	0.13%	0.13%	0.13%
LMAT	B	0.14%	0.26%	0.14%
LNN	C	0.1%	0.12%	0.1%
LPG	F	0.09%	0.21%	0.09%
LRN	B	0.26%	0.35%	0.26%
LTC	B	0.13%	0.13%	0.13%
LXP	B	0.24%	0.13%	0.13%
LZB	C	0.14%	0.33%	0.14%
MATW	F	0.06%	0.23%	0.06%
MCRI	B	0.08%	0.27%	0.08%
MCY	C	0.12%	0.2%	0.12%
MLKN	D	0.15%	0.24%	0.15%
MODG	F	0.11%	0.15%	0.11%
MRTN	D	0.08%	0.22%	0.08%
MTX	D	0.19%	0.1%	0.1%
MYGN	B	0.2%	0.2%	0.2%
MYRG	F	0.13%	0.04%	0.04%
NABL	D	0.07%	0.15%	0.07%
NARI	F	0.19%	0.06%	0.06%
NAVI	C	0.1%	0.26%	0.1%
NBHC	C	0.12%	0.19%	0.12%
NBTB	D	0.17%	0.14%	0.14%
NHC	D	0.13%	0.21%	0.13%
NMIH	B	0.26%	0.35%	0.26%
NTCT	D	0.11%	0.06%	0.06%
NVEE	F	0.09%	0.12%	0.09%
NWBI	C	0.13%	0.27%	0.13%
NWN	B	0.12%	0.33%	0.12%
NX	D	0.1%	0.29%	0.1%
ODP	F	0.07%	0.18%	0.07%
OFG	C	0.16%	0.21%	0.16%
OI	D	0.15%	0.19%	0.15%
OII	D	0.19%	0.12%	0.12%
OMCL	C	0.16%	0.29%	0.16%
OMI	D	0.09%	0.26%	0.09%
OSIS	C	0.18%	0.19%	0.18%
OUT	B	0.2%	0.07%	0.07%
OXM	D	0.1%	0.05%	0.05%
PARR	F	0.08%	0.22%	0.08%
PATK	B	0.22%	0.22%	0.22%
PBH	B	0.29%	0.19%	0.19%
PCRX	F	0.05%	0.11%	0.05%
PDCO	F	0.14%	0.21%	0.14%
PDFS	D	0.07%	0.1%	0.07%
PDFS	D	0.07%	0.09%	0.07%
PEB	D	0.12%	0.06%	0.06%
PFBC	C	0.08%	0.25%	0.08%
PFS	B	0.19%	0.15%	0.15%
PHIN	B	0.17%	0.35%	0.17%
PINC	C	0.17%	0.06%	0.06%
PIPR	B	0.33%	0.07%	0.07%
PJT	B	0.22%	0.34%	0.22%
PLAY	F	0.08%	0.05%	0.05%
PLMR	B	0.19%	0.28%	0.19%
PLUS	B	0.19%	0.22%	0.19%
PLXS	B	0.27%	0.07%	0.07%
PMT	B	0.1%	0.18%	0.1%
POWL	C	0.12%	0.35%	0.12%
PPBI	D	0.18%	0.06%	0.06%
PRDO	D	0.11%	0.31%	0.11%
PRG	B	0.16%	0.39%	0.16%
PRGS	C	0.2%	0.13%	0.13%
PRK	C	0.19%	0.07%	0.07%
PRVA	D	0.16%	0.07%	0.07%
PSMT	B	0.18%	0.19%	0.18%
PTGX	C	0.22%	0.4%	0.22%
RAMP	F	0.14%	0.05%	0.05%
RC	D	0.09%	0.28%	0.09%
RDNT	B	0.35%	0.28%	0.28%
REZI	D	0.22%	0.23%	0.22%
RNST	D	0.16%	0.25%	0.16%
ROCK	D	0.17%	0.06%	0.06%
ROG	D	0.14%	0.1%	0.1%
ROIC	B	0.16%	0.23%	0.16%
SABR	D	0.1%	0.14%	0.1%
SAFT	C	0.1%	0.13%	0.1%
SAH	D	0.07%	0.24%	0.07%
SATS	B	0.23%	0.38%	0.23%
SBCF	C	0.18%	0.2%	0.18%
SBH	B	0.1%	0.35%	0.1%
SCHL	D	0.06%	0.27%	0.06%
SCL	D	0.12%	0.1%	0.1%
SFNC	B	0.21%	0.21%	0.21%
SHAK	C	0.3%	0.14%	0.14%
SHEN	F	0.06%	0.11%	0.06%
SHO	D	0.16%	0.06%	0.06%
SHOO	B	0.25%	0.13%	0.13%
SITM	B	0.2%	0.07%	0.07%
SJW	C	0.14%	0.19%	0.14%
SKT	B	0.27%	0.07%	0.07%
SKYW	C	0.25%	0.28%	0.25%
SLG	B	0.35%	0.22%	0.22%
SLVM	B	0.21%	0.2%	0.2%
SMTC	C	0.21%	0.33%	0.21%
SNDR	B	0.08%	0.27%	0.08%
SNEX	C	0.17%	0.19%	0.17%
SPNT	C	0.1%	0.35%	0.1%
SSTK	F	0.06%	0.2%	0.06%
STBA	B	0.13%	0.3%	0.13%
STC	B	0.17%	0.14%	0.14%
STRA	D	0.16%	0.1%	0.1%
SUPN	C	0.13%	0.07%	0.07%
SWI	B	0.05%	0.12%	0.05%
SXI	C	0.16%	0.06%	0.06%
SXT	C	0.25%	0.06%	0.06%
TALO	F	0.14%	0.22%	0.14%
TBBK	B	0.2%	0.31%	0.2%
TDS	C	0.18%	0.34%	0.18%
TGI	D	0.08%	0.16%	0.08%
THRM	D	0.12%	0.11%	0.11%
THS	C	0.16%	0.14%	0.14%
TNC	D	0.14%	0.11%	0.11%
TNDM	C	0.22%	0.26%	0.22%
TR	C	0.05%	0.06%	0.05%
TRIP	F	0.12%	0.05%	0.05%
TRMK	C	0.15%	0.19%	0.15%
TRN	C	0.21%	0.31%	0.21%
TTMI	D	0.15%	0.11%	0.11%
UCBI	B	0.27%	0.2%	0.2%
UE	B	0.2%	0.21%	0.2%
UFPT	C	0.18%	0.28%	0.18%
UNF	B	0.22%	0.26%	0.22%
UVV	D	0.1%	0.32%	0.1%
VBTX	B	0.11%	0.21%	0.11%
VCEL	D	0.18%	0.06%	0.06%
VECO	F	0.14%	0.16%	0.14%
VGR	C	0.16%	0.09%	0.09%
VICR	F	0.07%	0.07%	0.07%
VIRT	B	0.22%	0.08%	0.08%
VRTS	D	0.11%	0.16%	0.11%
VSAT	F	0.08%	0.14%	0.08%
VSCO	C	0.14%	0.23%	0.14%
VSTO	B	0.18%	0.06%	0.06%
WABC	D	0.1%	0.12%	0.1%
WAFD	B	0.19%	0.22%	0.19%
WD	B	0.29%	0.13%	0.13%
WERN	D	0.19%	0.25%	0.19%
WGO	D	0.13%	0.24%	0.13%
WHD	C	0.29%	0.26%	0.26%
WOR	F	0.11%	0.11%	0.11%
WSFS	C	0.25%	0.2%	0.2%
XHR	C	0.11%	0.17%	0.11%
XRX	F	0.09%	0.11%	0.09%
YELP	F	0.18%	0.06%	0.06%

SPSM Overweight 271 Positions Relative to FYX

Symbol	Grade	Weight
ENSG	C	0.68%
FN	D	0.65%
MLI	B	0.63%
CMA	B	0.6%
ATI	C	0.6%
MTH	B	0.58%
SPSC	D	0.56%
RHI	D	0.51%
GKOS	D	0.5%
VFC	C	0.49%
LUMN	C	0.49%
COOP	B	0.48%
BMI	B	0.48%
MOG.A	B	0.45%
JXN	B	0.45%
EPRT	A	0.45%
NSIT	C	0.45%
AWI	B	0.44%
BCPC	C	0.44%
MMSI	B	0.44%
RDN	B	0.42%
ALK	C	0.42%
FSS	D	0.42%
BCC	C	0.42%
AVAV	D	0.42%
IBP	C	0.41%
OGN	D	0.41%
LNC	D	0.39%
BOX	B	0.38%
GPI	B	0.38%
SEE	D	0.38%
ALKS	C	0.37%
MC	B	0.37%
PECO	B	0.37%
MATX	C	0.36%
AL	D	0.36%
VRRM	D	0.36%
MHO	B	0.36%
MARA	F	0.35%
FUL	D	0.35%
ACA	C	0.35%
ABG	F	0.35%
SM	D	0.35%
RUN	C	0.34%
MGY	C	0.34%
ASO	C	0.34%
AGO	C	0.33%
TPH	C	0.33%
ITGR	B	0.33%
SIG	C	0.32%
ABCB	B	0.31%
DXC	C	0.3%
MPW	C	0.3%
SFBS	B	0.3%
FELE	C	0.3%
IAC	C	0.29%
AEO	D	0.29%
BGC	B	0.29%
AEIS	D	0.29%
SANM	D	0.29%
KTB	B	0.29%
SEM	D	0.29%
GTES	C	0.28%
MAC	B	0.28%
MSGS	B	0.27%
GMS	C	0.27%
TDW	F	0.27%
WDFC	B	0.27%
MGEE	B	0.26%
OTTR	D	0.26%
BXMT	C	0.26%
ACLS	F	0.26%
NOG	D	0.25%
RUSHA	C	0.25%
APLE	D	0.25%
NPO	C	0.25%
NWL	D	0.24%
RXO	D	0.24%
CCOI	C	0.24%
SMPL	D	0.24%
AWR	B	0.24%
HCC	F	0.23%
CRVL	B	0.23%
LBRT	D	0.23%
HP	D	0.23%
PENN	D	0.23%
CWK	B	0.21%
PRFT	A	0.21%
STEP	B	0.21%
BL	D	0.2%
HBI	B	0.19%
CNS	B	0.19%
AMR	F	0.19%
PTEN	F	0.19%
DV	F	0.19%
AAP	F	0.19%
KLIC	D	0.18%
GSHD	B	0.18%
KWR	D	0.18%
CNMD	D	0.18%
BTU	D	0.18%
CALX	D	0.17%
NEO	C	0.17%
IPAR	D	0.17%
EVTC	D	0.17%
MTRN	D	0.17%
FL	D	0.17%
MRCY	C	0.16%
BANC	B	0.16%
JBLU	D	0.16%
URBN	D	0.16%
IBTX	B	0.16%
VIAV	D	0.15%
NATL	D	0.15%
VSTS	D	0.15%
GNL	B	0.14%
KAR	D	0.14%
AMPH	C	0.14%
PZZA	D	0.13%
TRUP	C	0.13%
PLAB	F	0.12%
BHE	C	0.12%
UCTT	F	0.12%
HLIT	C	0.12%
STAA	F	0.12%
AMWD	C	0.11%
SONO	F	0.11%
DVAX	D	0.11%
USPH	D	0.1%
NGVT	F	0.1%
XNCR	C	0.1%
MGPI	C	0.1%
UNIT	C	0.1%
TILE	B	0.09%
AVNS	B	0.09%
EXPI	C	0.09%
CSR	B	0.09%
SEDG	F	0.09%
ECPG	C	0.09%
EFC	B	0.09%
SDGR	F	0.09%
SCSC	D	0.09%
MSEX	C	0.09%
WWW	B	0.09%
ARLO	F	0.09%
CERT	F	0.09%
DGII	D	0.08%
MMI	C	0.08%
SBSI	B	0.08%
ICHR	F	0.08%
RCUS	D	0.08%
UTL	B	0.08%
QNST	B	0.08%
WS	C	0.08%
MATV	B	0.08%
SGH	F	0.08%
FIZZ	D	0.08%
NXRT	B	0.08%
RWT	B	0.08%
PBI	C	0.08%
MXL	F	0.08%
JBSS	D	0.07%
AHCO	B	0.07%
PRAA	D	0.07%
JACK	F	0.07%
AOSL	D	0.07%
WNC	F	0.07%
DLX	D	0.07%
BRKL	C	0.07%
DCOM	B	0.07%
MD	C	0.07%
BDN	B	0.07%
EMBC	C	0.07%
BLFS	D	0.07%
UNFI	C	0.07%
XPEL	D	0.07%
AMSF	C	0.07%
ATEN	C	0.07%
CXM	F	0.07%
VVI	C	0.06%
ETH	D	0.06%
VIR	F	0.06%
INN	C	0.06%
ASTE	F	0.06%
BSIG	B	0.06%
CFFN	C	0.06%
RGR	F	0.06%
BJRI	D	0.06%
KREF	B	0.06%
BGS	D	0.06%
ASIX	C	0.06%
TMP	C	0.06%
CPF	B	0.06%
SCVL	B	0.06%
HCI	C	0.06%
PRLB	D	0.06%
HFWA	C	0.06%
HAYN	D	0.06%
HAIN	D	0.06%
SPTN	C	0.06%
SVC	F	0.06%
HSII	C	0.06%
MNRO	D	0.06%
CLB	D	0.06%
AHH	B	0.06%
VTOL	D	0.06%
HCSG	C	0.06%
NVRI	D	0.06%
EZPW	D	0.05%
HAFC	C	0.05%
MTUS	F	0.05%
THRY	D	0.05%
UHT	B	0.05%
RGNX	D	0.05%
CEVA	C	0.05%
PUMP	F	0.05%
MCW	F	0.05%
IIIN	D	0.05%
WSR	D	0.05%
SMP	C	0.05%
CHUY	B	0.05%
TTGT	F	0.05%
TRST	C	0.05%
CVI	F	0.05%
IRWD	F	0.05%
DXPE	C	0.05%
MLAB	C	0.05%
PRA	C	0.05%
EGBN	C	0.05%
REX	D	0.05%
SXC	F	0.05%
HZO	C	0.05%
KELYA	D	0.05%
AXL	F	0.05%
HSTM	C	0.05%
PAHC	B	0.04%
CCRN	F	0.04%
FLGT	D	0.04%
DIN	F	0.04%
CTKB	F	0.04%
CLW	F	0.04%
VREX	F	0.04%
RES	D	0.04%
AMBC	F	0.04%
LQDT	B	0.04%
SLP	F	0.04%
MYE	D	0.04%
GDOT	C	0.04%
CVGW	C	0.04%
BFS	C	0.04%
LESL	F	0.04%
NBR	F	0.04%
CMP	D	0.03%
DDD	F	0.03%
CNSL	A	0.03%
HVT	D	0.03%
CENT	D	0.03%
NUS	F	0.03%
ZEUS	F	0.03%
WRLD	D	0.03%
NPK	C	0.03%
SNCY	D	0.03%
CHCT	F	0.03%
USNA	F	0.03%
TWI	D	0.03%
UFCS	D	0.03%
DBI	F	0.02%
AMCX	F	0.02%
MERC	F	0.02%
MOV	F	0.02%
RILY	F	0.01%

SPSM Underweight 189 Positions Relative to FYX

Symbol	Grade	Weight
SMMT	C	-0.64%
ADMA	B	-0.48%
ZETA	B	-0.46%
ALHC	C	-0.45%
PRCT	B	-0.4%
OSCR	B	-0.4%
HE	F	-0.38%
PI	B	-0.36%
QTWO	B	-0.36%
MIRM	D	-0.36%
ROAD	B	-0.35%
OLPX	C	-0.35%
BNL	B	-0.35%
BZH	B	-0.35%
NWE	A	-0.34%
CNX	A	-0.34%
USLM	B	-0.34%
SGBX	F	-0.34%
IESC	C	-0.34%
EBC	B	-0.34%
ATSG	D	-0.33%
WMK	C	-0.33%
REVG	C	-0.33%
UAA	C	-0.33%
STRL	B	-0.32%
AGIO	D	-0.32%
GEF	D	-0.32%
IMKTA	D	-0.32%
GERN	D	-0.32%
SPB	B	-0.32%
AMRX	B	-0.32%
GHC	C	-0.32%
SR	B	-0.32%
OSW	C	-0.31%
ALKT	D	-0.31%
EFSC	B	-0.3%
CSWI	B	-0.3%
TMDX	C	-0.3%
TGNA	C	-0.3%
CNO	B	-0.29%
BKD	D	-0.29%
RYI	F	-0.28%
RLJ	D	-0.28%
KTOS	B	-0.27%
ICFI	C	-0.27%
CRI	C	-0.27%
TWST	D	-0.27%
RXST	C	-0.27%
JWN	B	-0.26%
FRME	C	-0.26%
WSBC	D	-0.26%
NMRK	B	-0.26%
OCFC	B	-0.26%
SKWD	C	-0.26%
SCS	B	-0.25%
FHI	A	-0.25%
MBIN	C	-0.25%
IBOC	C	-0.25%
BXC	D	-0.25%
LILAK	D	-0.24%
HIMS	D	-0.24%
VERX	D	-0.24%
PEBO	C	-0.24%
ADNT	F	-0.24%
USM	C	-0.24%
VSH	D	-0.24%
NHI	A	-0.23%
TNL	D	-0.23%
BCRX	C	-0.23%
SASR	B	-0.23%
SBRA	B	-0.22%
WRBY	D	-0.22%
ECVT	F	-0.22%
RYTM	B	-0.22%
CBZ	F	-0.22%
TOWN	B	-0.22%
CMPR	F	-0.22%
NIC	C	-0.21%
ADV	C	-0.21%
NSA	B	-0.21%
CRDO	D	-0.21%
CMCO	F	-0.21%
DSGR	B	-0.21%
SYBT	B	-0.21%
MSGE	B	-0.21%
HURN	C	-0.2%
VCTR	B	-0.2%
SRCE	C	-0.2%
PRIM	C	-0.2%
BOWL	D	-0.2%
VAC	F	-0.2%
CTOS	F	-0.2%
INSW	D	-0.2%
ARDX	D	-0.2%
PNM	B	-0.2%
LAUR	B	-0.19%
AGM	D	-0.19%
SPR	D	-0.19%
JELD	D	-0.19%
EQC	B	-0.19%
FIBK	B	-0.19%
ALX	B	-0.19%
TCBK	C	-0.19%
BUSE	C	-0.19%
PTCT	C	-0.19%
PTVE	D	-0.18%
NSSC	F	-0.18%
CHGG	F	-0.18%
TRS	D	-0.18%
OEC	F	-0.18%
KYMR	C	-0.18%
AESI	C	-0.18%
MGNI	D	-0.18%
DOCS	B	-0.17%
KOS	F	-0.17%
TGLS	B	-0.16%
TPG	B	-0.16%
ZD	D	-0.16%
LTH	B	-0.16%
MIR	D	-0.16%
HELE	D	-0.15%
ENVX	F	-0.15%
BROS	D	-0.15%
LOB	B	-0.15%
MRUS	D	-0.15%
FLNC	C	-0.15%
TCBI	B	-0.14%
CRNX	C	-0.14%
PAR	B	-0.14%
CDRE	C	-0.13%
KNTK	B	-0.13%
BDC	B	-0.13%
AIV	B	-0.13%
MLNK	C	-0.13%
ACVA	B	-0.13%
ESRT	B	-0.13%
NNI	B	-0.13%
GBDC	C	-0.12%
ENOV	F	-0.12%
ASB	D	-0.12%
RRR	D	-0.12%
ZUO	D	-0.11%
GH	D	-0.11%
THR	D	-0.11%
PK	D	-0.11%
GPOR	C	-0.11%
YOU	B	-0.1%
VCYT	B	-0.09%
RKLB	B	-0.09%
DK	F	-0.09%
JBI	F	-0.09%
UMH	C	-0.08%
CWAN	A	-0.08%
DFH	C	-0.08%
RKT	B	-0.08%
HLF	F	-0.08%
DRVN	C	-0.07%
MP	D	-0.07%
LMND	D	-0.07%
MWA	C	-0.07%
CLBK	C	-0.07%
CLDX	C	-0.07%
BMBL	F	-0.07%
IVT	B	-0.07%
FA	B	-0.07%
INTA	B	-0.07%
GTX	D	-0.06%
FOR	C	-0.06%
ETWO	C	-0.06%
HEES	D	-0.06%
CMTG	F	-0.06%
AMC	D	-0.06%
KFRC	D	-0.06%
LEVI	C	-0.06%
AGL	F	-0.06%
ATUS	C	-0.06%
SMG	C	-0.06%
GIC	D	-0.06%
PGRE	C	-0.06%
LADR	B	-0.06%
DNUT	D	-0.06%
XPRO	F	-0.05%
VRNT	F	-0.05%
TDOC	D	-0.05%
AI	F	-0.05%
HLIO	D	-0.05%
BE	F	-0.05%
FWRG	F	-0.05%
CLSK	F	-0.04%