SSLY vs. JPSE ETF Comparison

Comparison of Syntax Stratified SmallCap ETF (SSLY) to JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE)

SSLY

Syntax Stratified SmallCap ETF

SSLY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified SmallCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 80% of its total assets in the securities comprising the index. The index is the Stratified WeightTM version of the widely used S&P SmallCap 600® Index and holds the same constituents as the S&P SmallCap 600® Index.

Grade (RS Rating)

Last Trade

$42.59

Average Daily Volume

621

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

JPSE

JPMorgan Diversified Return U.S. Small Cap Equity ETF

JPSE Description

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 2000 Diversified Factor Index.

Grade (RS Rating)

Last Trade

$43.20

Average Daily Volume

43,866

Number of Holdings ^*

542

* may have additional holdings in another (foreign) market

Performance

Period	SSLY	JPSE
30 Days	-4.37%	-2.44%
60 Days	-3.34%	-2.02%
90 Days	-3.15%	-1.87%
12 Months	-0.45%	9.83%

316 Overlapping Holdings

Symbol	Grade	Weight in SSLY	Weight in JPSE	Overlap
AAT	B	0.07%	0.2%	0.07%
ABCB	C	0.02%	0.23%	0.02%
ABG	D	0.11%	0.11%	0.11%
ABM	B	0.12%	0.2%	0.12%
ABR	B	0.02%	0.2%	0.02%
ACA	D	0.14%	0.31%	0.14%
ACLS	B	0.07%	0.22%	0.07%
ADUS	B	0.11%	0.23%	0.11%
AEIS	C	0.15%	0.28%	0.15%
AEO	F	0.12%	0.1%	0.1%
AGYS	B	0.15%	0.3%	0.15%
AHCO	D	0.26%	0.08%	0.08%
AIN	D	0.17%	0.13%	0.13%
AKR	A	0.06%	0.32%	0.06%
ALEX	B	0.06%	0.15%	0.06%
ALKS	C	0.2%	0.17%	0.17%
AMPH	F	0.31%	0.2%	0.2%
AMR	D	0.06%	0.22%	0.06%
AMWD	F	0.08%	0.05%	0.05%
ANDE	D	0.2%	0.28%	0.2%
ANF	C	0.11%	0.04%	0.04%
ANIP	D	0.32%	0.22%	0.22%
AOSL	B	0.47%	0.01%	0.01%
APAM	D	0.34%	0.28%	0.28%
APLE	D	0.07%	0.24%	0.07%
APOG	D	0.08%	0.14%	0.08%
ARCB	D	0.07%	0.23%	0.07%
ARCH	C	0.07%	0.19%	0.07%
ARI	D	0.02%	0.19%	0.02%
AROC	B	0.08%	0.34%	0.08%
ASIX	F	0.13%	0.1%	0.1%
ASO	F	0.24%	0.2%	0.2%
ASTH	C	0.41%	0.22%	0.22%
ATEN	C	0.79%	0.07%	0.07%
AUB	C	0.02%	0.09%	0.02%
AVA	D	0.27%	0.29%	0.27%
AVNS	F	0.11%	0.06%	0.06%
AWR	D	0.28%	0.14%	0.14%
AX	B	0.1%	0.19%	0.1%
AZZ	D	0.07%	0.16%	0.07%
B	B	0.06%	0.06%	0.06%
BANF	D	0.02%	0.11%	0.02%
BCC	F	0.09%	0.3%	0.09%
BCPC	A	0.05%	0.3%	0.05%
BDN	D	0.08%	0.21%	0.08%
BGS	F	0.11%	0.16%	0.11%
BHE	D	0.26%	0.22%	0.22%
BKE	D	0.3%	0.27%	0.27%
BLMN	F	0.13%	0.15%	0.13%
BMI	C	0.12%	0.34%	0.12%
BRKL	D	0.02%	0.0%	0.0%
BSIG	C	0.33%	0.13%	0.13%
BXMT	C	0.02%	0.18%	0.02%
CAL	F	0.14%	0.02%	0.02%
CALM	B	0.2%	0.34%	0.2%
CARG	C	0.24%	0.22%	0.22%
CARS	C	0.24%	0.07%	0.07%
CASH	B	0.16%	0.07%	0.07%
CATY	D	0.02%	0.17%	0.02%
CCOI	D	0.25%	0.21%	0.21%
CCRN	F	0.06%	0.05%	0.05%
CCS	D	0.17%	0.11%	0.11%
CEIX	B	0.07%	0.24%	0.07%
CENTA	D	0.05%	0.16%	0.05%
CHCO	C	0.1%	0.06%	0.06%
CHCT	F	0.39%	0.07%	0.07%
CHUY	F	0.13%	0.0%	0.0%
CLW	D	0.23%	0.26%	0.23%
CNMD	D	0.1%	0.16%	0.1%
CNS	B	0.34%	0.06%	0.06%
CNSL	B	0.24%	0.11%	0.11%
CNXN	D	0.1%	0.16%	0.1%
COHU	B	0.18%	0.25%	0.18%
COLL	C	0.2%	0.27%	0.2%
COOP	D	0.2%	0.36%	0.2%
CORT	C	0.22%	0.29%	0.22%
CPK	C	0.28%	0.31%	0.28%
CPRX	D	0.26%	0.28%	0.26%
CRC	C	0.18%	0.2%	0.18%
CRK	D	0.16%	0.16%	0.16%
CRS	B	0.08%	0.42%	0.08%
CRVL	B	0.14%	0.32%	0.14%
CSGS	F	0.17%	0.12%	0.12%
CTRE	A	0.39%	0.34%	0.34%
CTS	D	0.3%	0.22%	0.22%
CVI	F	0.3%	0.14%	0.14%
CWT	C	0.28%	0.19%	0.19%
CXW	D	0.09%	0.19%	0.09%
DEA	B	0.08%	0.21%	0.08%
DEI	D	0.08%	0.2%	0.08%
DFIN	D	0.34%	0.07%	0.07%
DGII	D	0.4%	0.18%	0.18%
DIOD	C	0.39%	0.22%	0.22%
DNOW	D	0.08%	0.07%	0.07%
DORM	C	0.15%	0.06%	0.06%
DRH	D	0.07%	0.21%	0.07%
DVAX	D	0.19%	0.2%	0.19%
DXPE	D	0.1%	0.02%	0.02%
ECPG	D	0.12%	0.05%	0.05%
EFC	B	0.06%	0.27%	0.06%
EIG	C	0.31%	0.16%	0.16%
ENR	C	0.25%	0.28%	0.25%
ENSG	B	0.12%	0.31%	0.12%
ENVA	B	0.12%	0.23%	0.12%
EPC	B	0.25%	0.32%	0.25%
EPRT	A	0.07%	0.32%	0.07%
ETD	D	0.1%	0.24%	0.1%
EVTC	F	0.17%	0.12%	0.12%
EXPI	F	0.18%	0.18%	0.18%
EXTR	C	0.43%	0.24%	0.24%
FBP	B	0.12%	0.15%	0.12%
FCF	B	0.02%	0.06%	0.02%
FCPT	B	0.06%	0.27%	0.06%
FDP	F	0.2%	0.19%	0.19%
FELE	D	0.3%	0.29%	0.29%
FFBC	D	0.02%	0.1%	0.02%
FIZZ	B	0.11%	0.3%	0.11%
FLGT	F	0.21%	0.1%	0.1%
FN	C	0.27%	0.35%	0.27%
FORM	A	0.18%	0.41%	0.18%
FSS	D	0.1%	0.23%	0.1%
FUL	D	0.05%	0.29%	0.05%
FULT	D	0.02%	0.14%	0.02%
FWRD	D	0.11%	0.04%	0.04%
GEO	B	0.09%	0.35%	0.09%
GFF	D	0.36%	0.17%	0.17%
GMS	D	0.09%	0.23%	0.09%
GNW	D	0.3%	0.3%	0.3%
GOGO	D	0.41%	0.17%	0.17%
GPI	D	0.11%	0.29%	0.11%
GRBK	C	0.17%	0.2%	0.17%
GTY	D	0.06%	0.15%	0.06%
HASI	D	0.11%	0.23%	0.11%
HAYN	C	0.07%	0.17%	0.07%
HCC	C	0.07%	0.3%	0.07%
HCSG	D	0.12%	0.04%	0.04%
HI	F	0.14%	0.21%	0.14%
HIBB	A	0.24%	0.23%	0.23%
HLIT	B	0.62%	0.27%	0.27%
HLX	B	0.08%	0.27%	0.08%
HMN	D	0.3%	0.04%	0.04%
HNI	C	0.1%	0.22%	0.1%
HOPE	C	0.02%	0.14%	0.02%
HPP	D	0.08%	0.1%	0.08%
HRMY	B	0.28%	0.11%	0.11%
HSII	D	0.06%	0.06%	0.06%
HTH	D	0.02%	0.27%	0.02%
HUBG	C	0.11%	0.06%	0.06%
HVT	F	0.53%	0.15%	0.15%
IBP	D	0.08%	0.26%	0.08%
ICHR	B	0.08%	0.11%	0.08%
IDCC	A	0.17%	0.33%	0.17%
IIPR	B	0.07%	0.35%	0.07%
INN	D	0.07%	0.09%	0.07%
INVA	B	0.2%	0.28%	0.2%
IOSP	D	0.05%	0.3%	0.05%
IPAR	F	0.26%	0.12%	0.12%
IRWD	F	0.21%	0.16%	0.16%
ITGR	C	0.11%	0.32%	0.11%
JBSS	D	0.11%	0.24%	0.11%
JJSF	B	0.11%	0.29%	0.11%
JOE	D	0.06%	0.31%	0.06%
JXN	C	0.31%	0.4%	0.31%
KALU	D	0.16%	0.17%	0.16%
KFY	B	0.07%	0.15%	0.07%
KLIC	B	0.08%	0.26%	0.08%
KOP	F	0.13%	0.2%	0.13%
KREF	D	0.02%	0.07%	0.02%
KWR	F	0.05%	0.19%	0.05%
LBRT	D	0.07%	0.19%	0.07%
LCII	F	0.3%	0.13%	0.13%
LGND	B	0.32%	0.24%	0.24%
LPG	C	0.3%	0.24%	0.24%
LTC	A	0.12%	0.3%	0.12%
LUMN	F	0.22%	0.14%	0.14%
LXP	B	0.07%	0.21%	0.07%
LZB	C	0.11%	0.29%	0.11%
MAC	D	0.06%	0.28%	0.06%
MATV	D	0.17%	0.21%	0.17%
MATX	B	0.08%	0.36%	0.08%
MC	A	0.1%	0.24%	0.1%
MGEE	D	0.27%	0.2%	0.2%
MGPI	F	0.39%	0.11%	0.11%
MGY	B	0.18%	0.26%	0.18%
MHO	D	0.16%	0.28%	0.16%
MLI	C	0.31%	0.34%	0.31%
MLKN	D	0.1%	0.14%	0.1%
MMI	D	0.17%	0.02%	0.02%
MMSI	B	0.11%	0.3%	0.11%
MOG.A	C	0.15%	0.1%	0.1%
MOV	D	0.17%	0.11%	0.11%
MSEX	C	0.28%	0.08%	0.08%
MTH	D	0.17%	0.25%	0.17%
MTRN	F	0.07%	0.24%	0.07%
MTX	C	0.05%	0.35%	0.05%
MXL	B	0.58%	0.04%	0.04%
MYE	F	0.05%	0.04%	0.04%
MYGN	B	0.1%	0.1%	0.1%
NAVI	F	0.12%	0.23%	0.12%
NBTB	B	0.02%	0.14%	0.02%
NEO	D	0.1%	0.13%	0.1%
NGVT	F	0.05%	0.08%	0.05%
NHC	A	0.12%	0.07%	0.07%
NMIH	B	0.12%	0.23%	0.12%
NOG	C	0.17%	0.13%	0.13%
NPK	D	0.24%	0.05%	0.05%
NPO	D	0.06%	0.22%	0.06%
NSIT	C	0.1%	0.33%	0.1%
NTCT	D	0.41%	0.13%	0.13%
NUS	F	0.21%	0.01%	0.01%
NWBI	C	0.1%	0.15%	0.1%
NWN	F	0.28%	0.24%	0.24%
NX	F	0.08%	0.05%	0.05%
ODP	F	0.25%	0.19%	0.19%
OFG	B	0.15%	0.23%	0.15%
OMCL	F	0.1%	0.05%	0.05%
OMI	F	0.24%	0.12%	0.12%
OTTR	D	0.28%	0.3%	0.28%
OXM	D	0.12%	0.13%	0.12%
PARR	F	0.3%	0.17%	0.17%
PATK	D	0.15%	0.27%	0.15%
PBH	C	0.34%	0.31%	0.31%
PBI	A	0.11%	0.07%	0.07%
PCRX	F	0.2%	0.04%	0.04%
PDCO	F	0.31%	0.13%	0.13%
PEB	D	0.07%	0.18%	0.07%
PECO	C	0.06%	0.27%	0.06%
PLAB	D	0.08%	0.26%	0.08%
PLUS	D	0.39%	0.11%	0.11%
PLXS	D	0.59%	0.26%	0.26%
PMT	C	0.06%	0.2%	0.06%
PRDO	C	0.15%	0.3%	0.15%
PRFT	B	0.4%	0.1%	0.1%
PRG	D	0.12%	0.09%	0.09%
PRGS	B	0.14%	0.27%	0.14%
PSMT	D	0.36%	0.06%	0.06%
PTEN	F	0.08%	0.15%	0.08%
RC	C	0.02%	0.15%	0.02%
RDN	B	0.12%	0.33%	0.12%
RDNT	B	0.1%	0.21%	0.1%
RES	F	0.08%	0.04%	0.04%
REX	F	0.19%	0.15%	0.15%
RGR	F	0.29%	0.17%	0.17%
RNST	B	0.02%	0.12%	0.02%
ROIC	C	0.06%	0.2%	0.06%
RWT	B	0.06%	0.11%	0.06%
SAFT	D	0.3%	0.07%	0.07%
SANM	C	0.59%	0.22%	0.22%
SATS	B	0.4%	0.42%	0.4%
SCHL	D	0.3%	0.05%	0.05%
SCL	D	0.05%	0.2%	0.05%
SCSC	D	0.1%	0.14%	0.1%
SCVL	C	0.15%	0.3%	0.15%
SEM	A	0.41%	0.36%	0.36%
SFNC	D	0.02%	0.12%	0.02%
SHEN	C	0.24%	0.16%	0.16%
SHO	C	0.08%	0.28%	0.08%
SHOO	C	0.16%	0.2%	0.16%
SIG	D	0.17%	0.27%	0.17%
SITC	B	0.06%	0.31%	0.06%
SJW	D	0.28%	0.16%	0.16%
SKT	D	0.06%	0.29%	0.06%
SLCA	B	0.07%	0.26%	0.07%
SLG	B	0.08%	0.27%	0.08%
SLP	F	0.41%	0.16%	0.16%
SLVM	D	0.17%	0.34%	0.17%
SM	D	0.16%	0.25%	0.16%
SMPL	D	0.11%	0.27%	0.11%
SNEX	B	0.18%	0.08%	0.08%
SPSC	B	0.14%	0.31%	0.14%
SPTN	F	0.35%	0.16%	0.16%
SSTK	F	0.22%	0.14%	0.14%
STAA	B	0.11%	0.05%	0.05%
STC	D	0.17%	0.3%	0.17%
STRA	C	0.15%	0.23%	0.15%
SUPN	F	0.27%	0.19%	0.19%
SVC	F	0.07%	0.1%	0.07%
SXC	D	0.07%	0.21%	0.07%
SXI	D	0.35%	0.21%	0.21%
SXT	C	0.13%	0.24%	0.13%
TBBK	B	0.13%	0.1%	0.1%
TDS	B	0.4%	0.3%	0.3%
THRM	F	0.29%	0.09%	0.09%
THS	C	0.11%	0.1%	0.1%
TILE	D	0.07%	0.14%	0.07%
TNC	D	0.14%	0.01%	0.01%
TPH	D	0.17%	0.22%	0.17%
TRMK	C	0.02%	0.07%	0.02%
TRST	C	0.1%	0.06%	0.06%
TTMI	B	0.32%	0.27%	0.27%
UCTT	A	0.07%	0.33%	0.07%
UE	B	0.06%	0.33%	0.06%
UFPT	A	0.13%	0.3%	0.13%
UNF	B	0.13%	0.01%	0.01%
UNFI	C	0.35%	0.15%	0.15%
UNIT	D	0.07%	0.04%	0.04%
URBN	C	0.29%	0.23%	0.23%
USNA	F	0.11%	0.12%	0.11%
USPH	F	0.1%	0.2%	0.1%
UVV	D	0.4%	0.21%	0.21%
VGR	C	0.39%	0.24%	0.24%
VIAV	D	0.16%	0.16%	0.16%
VREX	F	0.19%	0.12%	0.12%
VRTS	D	0.35%	0.08%	0.08%
WAFD	C	0.1%	0.18%	0.1%
WDFC	D	0.13%	0.26%	0.13%
WGO	F	0.29%	0.16%	0.16%
WHD	C	0.08%	0.24%	0.08%
WIRE	A	0.3%	0.37%	0.3%
WNC	F	0.1%	0.11%	0.1%
WOR	F	0.05%	0.23%	0.05%
WSR	B	0.06%	0.14%	0.06%
XHR	D	0.07%	0.16%	0.07%
XRX	F	0.15%	0.12%	0.12%
YELP	F	0.24%	0.3%	0.24%
ZEUS	F	0.07%	0.12%	0.07%

SSLY Overweight 263 Positions Relative to JPSE

Symbol	Grade	Weight
VCEL	C	0.88%
ALRM	C	0.8%
EMBC	F	0.77%
TNDM	C	0.7%
CNK	A	0.68%
CALX	C	0.59%
LESL	F	0.54%
SGH	B	0.53%
CEVA	D	0.5%
DXC	C	0.42%
HSTM	C	0.4%
SITM	B	0.39%
MD	F	0.39%
MPW	F	0.38%
GO	D	0.38%
SMTC	C	0.38%
SDGR	F	0.37%
CHEF	A	0.36%
CERT	D	0.36%
STEP	B	0.36%
AMCX	F	0.35%
TRUP	B	0.33%
PAHC	C	0.32%
AMSF	F	0.31%
MCY	C	0.31%
VSTO	B	0.31%
FL	D	0.31%
SPWR	F	0.3%
PRA	F	0.3%
PINC	F	0.3%
DLX	D	0.3%
PLMR	C	0.3%
AGO	D	0.3%
SPNT	D	0.3%
UFCS	D	0.3%
MODG	D	0.3%
HCI	F	0.29%
SNCY	C	0.29%
SHAK	D	0.29%
PRLB	D	0.29%
PZZA	F	0.29%
JACK	F	0.28%
UTL	D	0.28%
KN	D	0.28%
RUN	F	0.27%
JBLU	C	0.26%
LQDT	B	0.25%
SKYW	B	0.25%
ALK	F	0.24%
SBH	D	0.24%
SABR	D	0.24%
VSAT	F	0.23%
TRIP	F	0.23%
DOCN	C	0.23%
IAC	F	0.23%
ALGT	F	0.23%
CABO	F	0.23%
GPRE	F	0.22%
THRY	F	0.22%
SMP	F	0.2%
AXL	F	0.2%
AVAV	D	0.2%
GIII	F	0.2%
TALO	F	0.2%
OGN	C	0.2%
WD	D	0.2%
BLFS	C	0.2%
FTRE	D	0.19%
KTB	D	0.19%
HBI	C	0.19%
DAN	F	0.19%
CTKB	D	0.19%
CVGW	F	0.18%
CRSR	F	0.18%
GDOT	F	0.18%
WWW	C	0.18%
VRRM	B	0.18%
KSS	F	0.18%
MLAB	D	0.18%
GSHD	D	0.17%
CWK	C	0.17%
MARA	C	0.17%
VFC	D	0.17%
MERC	F	0.17%
BGC	C	0.17%
ATGE	A	0.16%
CBU	B	0.16%
CUBI	B	0.16%
OI	F	0.16%
EYE	F	0.16%
TGI	B	0.16%
KRYS	B	0.16%
LGIH	F	0.16%
NATL	B	0.16%
CVCO	D	0.16%
SEE	F	0.16%
SONO	F	0.16%
VIRT	C	0.16%
DBI	F	0.15%
VICR	F	0.15%
LKFN	D	0.15%
GVA	B	0.15%
XNCR	F	0.15%
MYRG	F	0.15%
RGNX	F	0.15%
EPAC	B	0.15%
CMA	C	0.15%
BOOT	B	0.15%
LRN	D	0.15%
NBHC	B	0.15%
FOXF	C	0.15%
NVEE	F	0.15%
HWKN	B	0.14%
RAMP	C	0.14%
ENV	C	0.14%
XPEL	F	0.14%
BL	D	0.14%
KMT	F	0.14%
CXM	D	0.14%
EAT	C	0.14%
JBT	F	0.14%
DY	B	0.14%
RCUS	F	0.14%
ACIW	A	0.14%
NABL	B	0.14%
VIR	F	0.14%
POWL	D	0.13%
BJRI	B	0.13%
HTZ	F	0.13%
CAKE	C	0.13%
BOX	D	0.13%
CWEN	D	0.13%
DV	D	0.13%
CWEN	D	0.13%
MCW	F	0.12%
PRAA	F	0.12%
AAP	F	0.12%
BRC	B	0.12%
WRLD	D	0.12%
HZO	C	0.12%
ESE	D	0.12%
CBRL	F	0.12%
ARLO	B	0.12%
KAR	C	0.12%
EZPW	D	0.12%
VSCO	D	0.12%
AMBC	F	0.12%
LNC	C	0.12%
OSIS	C	0.12%
VSTS	F	0.12%
DIN	F	0.12%
DDD	F	0.12%
AIR	B	0.11%
IART	C	0.11%
AL	C	0.11%
TRN	D	0.11%
PIPR	A	0.11%
ITRI	C	0.11%
LMAT	A	0.11%
ICUI	B	0.11%
NARI	C	0.11%
PHIN	D	0.11%
GKOS	A	0.11%
LNN	D	0.11%
MNRO	F	0.11%
GES	D	0.11%
SAH	D	0.11%
FTDR	D	0.11%
TR	C	0.11%
SIX	B	0.1%
LEG	F	0.1%
PRVA	D	0.1%
VVI	D	0.1%
TTGT	B	0.1%
ASTE	F	0.1%
RUSHA	F	0.1%
ALG	F	0.1%
BOH	F	0.1%
KLG	F	0.1%
PJT	A	0.1%
CFFN	C	0.1%
CPF	B	0.1%
GBX	D	0.1%
MRCY	D	0.1%
HAIN	D	0.1%
MCRI	D	0.09%
AWI	D	0.09%
NBR	F	0.09%
GDEN	F	0.09%
NWL	F	0.09%
RXO	B	0.09%
PENN	C	0.09%
MATW	F	0.09%
SEDG	F	0.09%
QNST	C	0.09%
PUMP	F	0.08%
WS	C	0.08%
VECO	B	0.08%
HTLD	C	0.08%
PLAY	F	0.08%
VTOL	C	0.08%
MRTN	C	0.08%
DRQ	F	0.08%
HIW	C	0.08%
GNL	C	0.08%
UHT	C	0.08%
HAYW	F	0.08%
MSGS	B	0.08%
HP	D	0.08%
OII	B	0.08%
JBGS	B	0.08%
PDFS	B	0.08%
CLB	B	0.08%
RILY	F	0.08%
REZI	D	0.08%
AHH	B	0.07%
KW	C	0.07%
KELYA	D	0.07%
CSR	B	0.07%
BTU	C	0.07%
NXRT	C	0.07%
TDW	C	0.07%
IIIN	F	0.07%
CENX	B	0.07%
ROCK	D	0.07%
WERN	F	0.07%
ATI	C	0.07%
NVRI	C	0.07%
TWI	F	0.06%
BFS	C	0.06%
AMN	F	0.06%
OUT	C	0.06%
CMP	F	0.06%
RHI	F	0.06%
ROG	D	0.05%
CENT	F	0.05%
PFBC	D	0.02%
BANC	D	0.02%
PRK	B	0.02%
PFS	D	0.02%
FBNC	C	0.02%
FHB	C	0.02%
WABC	D	0.02%
UCBI	D	0.02%
HFWA	D	0.02%
BHLB	C	0.02%
IBTX	B	0.02%
SBCF	D	0.02%
FBK	B	0.02%
BKU	C	0.02%
SFBS	C	0.02%
HAFC	C	0.02%
VBTX	C	0.02%
INDB	D	0.02%
CVBF	C	0.02%
PPBI	F	0.02%
SBSI	D	0.02%
STBA	B	0.02%
TMP	C	0.02%
BANR	C	0.02%
WSFS	B	0.02%
DCOM	C	0.02%
EGBN	F	0.02%

SSLY Underweight 226 Positions Relative to JPSE

Symbol	Grade	Weight
PRMW	C	-0.43%
TNK	C	-0.4%
COKE	B	-0.4%
SFM	B	-0.4%
STNG	B	-0.38%
ONTO	B	-0.36%
NHI	A	-0.36%
AMKR	B	-0.36%
IDT	D	-0.34%
PFSI	B	-0.34%
CBT	D	-0.34%
CWST	B	-0.34%
DDS	D	-0.33%
SMCI	B	-0.33%
ALE	C	-0.33%
STRL	D	-0.33%
SBRA	A	-0.33%
ESNT	C	-0.32%
CNX	C	-0.31%
DHT	D	-0.31%
OGS	C	-0.31%
LAUR	C	-0.31%
CSTM	D	-0.31%
PR	C	-0.31%
CMC	D	-0.31%
AIT	C	-0.31%
ELF	C	-0.31%
FIX	D	-0.31%
LNTH	C	-0.3%
CNO	B	-0.3%
KRG	B	-0.3%
POR	D	-0.3%
TMHC	D	-0.3%
BKH	D	-0.3%
MMS	B	-0.3%
BRBR	B	-0.3%
NJR	D	-0.29%
NMRK	C	-0.29%
NOVT	C	-0.29%
BNL	B	-0.28%
TRNO	B	-0.28%
LANC	B	-0.28%
AVNT	D	-0.28%
SR	C	-0.28%
UFPI	D	-0.28%
NWE	D	-0.28%
ESRT	C	-0.28%
KBH	D	-0.27%
WTS	D	-0.27%
RHP	D	-0.26%
SSD	F	-0.26%
HQY	B	-0.26%
CLFD	C	-0.26%
INSW	C	-0.26%
PBF	F	-0.26%
ONB	B	-0.26%
SWBI	D	-0.26%
UTZ	D	-0.26%
LILAK	B	-0.26%
IRT	B	-0.25%
CRAI	C	-0.25%
PCH	F	-0.25%
ACLX	C	-0.25%
OEC	F	-0.25%
TGNA	D	-0.25%
SIGI	F	-0.25%
MTDR	D	-0.25%
CHRD	C	-0.25%
CIVI	D	-0.25%
OPCH	F	-0.25%
ETRN	D	-0.25%
UBSI	D	-0.24%
TROX	D	-0.24%
VSH	D	-0.24%
CHX	C	-0.24%
ATKR	F	-0.24%
RLJ	F	-0.24%
GATX	B	-0.23%
RDFN	F	-0.23%
QLYS	D	-0.23%
SWX	D	-0.23%
APPF	B	-0.23%
NTB	C	-0.23%
PDM	B	-0.22%
TNET	F	-0.22%
ESGR	A	-0.22%
POWI	D	-0.22%
DBRG	F	-0.22%
RMBS	B	-0.22%
HAE	C	-0.22%
TPB	B	-0.22%
ASC	C	-0.21%
INFN	B	-0.21%
IMKTA	F	-0.21%
CSWI	A	-0.21%
EQC	C	-0.21%
HOMB	D	-0.2%
GSAT	D	-0.2%
WK	F	-0.2%
BDC	C	-0.19%
OPEN	F	-0.19%
LADR	A	-0.19%
GEF	F	-0.18%
RYI	F	-0.18%
HLNE	B	-0.18%
IBOC	C	-0.17%
WMK	D	-0.17%
SGRY	F	-0.17%
SCS	C	-0.17%
ECVT	D	-0.17%
GPOR	D	-0.17%
ACRE	D	-0.17%
MGRC	D	-0.16%
ASGN	D	-0.16%
ARCT	F	-0.16%
VLY	F	-0.16%
LXU	F	-0.16%
HLF	C	-0.16%
CVLT	B	-0.15%
HWC	C	-0.14%
AGM	B	-0.14%
ACT	C	-0.13%
GNK	D	-0.13%
DX	D	-0.13%
ENS	C	-0.13%
NSP	F	-0.13%
IGT	F	-0.13%
WSBC	D	-0.12%
EXPO	C	-0.12%
NTGR	C	-0.12%
VCTR	D	-0.12%
OCFC	B	-0.12%
FUBO	F	-0.12%
SOI	D	-0.11%
EGHT	D	-0.11%
SD	D	-0.11%
EE	C	-0.11%
AVNW	F	-0.11%
NWLI	A	-0.11%
OSUR	F	-0.1%
PGRE	C	-0.1%
ACCO	F	-0.1%
BZH	F	-0.1%
CMRE	C	-0.1%
RYAM	C	-0.1%
ANET	A	-0.1%
ATRC	C	-0.09%
CMCO	F	-0.09%
BRY	D	-0.09%
HOV	D	-0.09%
BLKB	D	-0.09%
RDUS	F	-0.08%
FLNG	C	-0.08%
UEC	D	-0.08%
BXC	F	-0.08%
NNI	C	-0.08%
UMBF	C	-0.08%
MED	F	-0.08%
WTTR	B	-0.08%
CSTL	F	-0.07%
VRNT	C	-0.07%
PNTG	B	-0.07%
ZYXI	F	-0.06%
IPI	D	-0.06%
KRO	D	-0.06%
IVT	C	-0.06%
SRCE	B	-0.06%
ZUMZ	B	-0.06%
NAT	D	-0.06%
EAF	F	-0.06%
VNDA	C	-0.05%
GRWG	F	-0.05%
SYNA	F	-0.05%
FRME	D	-0.05%
CTBI	C	-0.05%
PETS	F	-0.05%
BUSE	B	-0.05%
SMR	B	-0.05%
MITK	F	-0.05%
MWA	C	-0.04%
BGFV	F	-0.04%
GTN	F	-0.04%
PLL	F	-0.04%
CWCO	D	-0.04%
AMPS	D	-0.04%
NATR	F	-0.04%
ATRI	B	-0.04%
LWLG	F	-0.04%
MRC	D	-0.04%
RBCAA	C	-0.04%
MEI	F	-0.04%
AIV	B	-0.03%
BOOM	C	-0.03%
CSV	C	-0.03%
CMTL	D	-0.03%
TBRG	C	-0.03%
TRTX	B	-0.03%
TH	D	-0.03%
COMM	F	-0.03%
CIX	F	-0.02%
GIC	F	-0.02%
AVD	F	-0.02%
RGP	F	-0.02%
CWH	F	-0.02%
OSPN	C	-0.02%
THFF	D	-0.02%
ANIK	D	-0.02%
SRDX	A	-0.02%
WOW	C	-0.02%
TRS	D	-0.02%
NR	C	-0.01%
BH	D	-0.01%
OABI	D	-0.01%
STHO	F	-0.01%
CCSI	D	-0.01%
CNNE	D	-0.01%
CMBM	F	-0.01%
CCBG	D	-0.01%
EFSC	C	-0.01%
TBI	F	-0.01%
TG	D	-0.01%
RBBN	B	-0.0%
MURA	F	-0.0%
EGRX	C	-0.0%
DOUG	F	-0.0%
HL	C	-0.0%