VBR vs. CSF ETF Comparison

Comparison of Vanguard Small-Cap Value ETF - DNQ (VBR) to Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Fund (CSF)

VBR

Vanguard Small-Cap Value ETF - DNQ

VBR Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Value Index, a broadly diversified index of value stocks of small U.S. companies. 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

$214.02

Average Daily Volume

435,439

Number of Holdings ^*

794

* may have additional holdings in another (foreign) market

CSF

Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Fund

CSF Description

The investment seeks investment results that match the performance of the CEMP U.S. Small Cap 500 Long/Cash Volatility Weighted Index before fees and expenses. The index was created by the fund's investment advisor and consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S., market capitalizations of less than $3 billion, and the stock of which trades on a U.S. exchange. It includes only companies with consistent positive earnings and is weighted based on the volatility of each stock. The fund invests at least 80% of its assets in securities of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$59.29

Average Daily Volume

2,439

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	VBR	CSF
30 Days	7.07%	10.41%
60 Days	7.22%	9.07%
90 Days	8.68%	9.94%
12 Months	33.95%	25.32%

289 Overlapping Holdings

Symbol	Grade	Weight in VBR	Weight in CSF	Overlap
AAP	C	0.06%	0.12%	0.06%
ABCB	B	0.12%	0.22%	0.12%
ABG	B	0.13%	0.18%	0.13%
ABM	B	0.1%	0.18%	0.1%
ACA	A	0.13%	0.21%	0.13%
AEO	F	0.1%	0.15%	0.1%
AGO	B	0.12%	0.29%	0.12%
AIN	C	0.06%	0.19%	0.06%
AIR	B	0.06%	0.19%	0.06%
AL	B	0.13%	0.2%	0.13%
ALK	C	0.18%	0.28%	0.18%
ALSN	B	0.27%	0.27%	0.27%
AMG	B	0.16%	0.28%	0.16%
AMN	F	0.04%	0.06%	0.04%
ANDE	D	0.04%	0.19%	0.04%
ANF	C	0.2%	0.1%	0.1%
APAM	B	0.09%	0.23%	0.09%
ARCB	C	0.07%	0.14%	0.07%
AROC	B	0.09%	0.22%	0.09%
ASB	B	0.1%	0.25%	0.1%
ASGN	F	0.11%	0.19%	0.11%
ASH	D	0.11%	0.18%	0.11%
ASO	F	0.11%	0.14%	0.11%
ATGE	B	0.08%	0.17%	0.08%
AUB	B	0.1%	0.21%	0.1%
AVA	A	0.09%	0.28%	0.09%
AVNT	B	0.12%	0.21%	0.12%
AVT	C	0.14%	0.25%	0.14%
AWR	B	0.09%	0.3%	0.09%
AX	A	0.11%	0.19%	0.11%
AXS	A	0.17%	0.31%	0.17%
AZZ	B	0.06%	0.18%	0.06%
BANF	B	0.06%	0.23%	0.06%
BANR	B	0.06%	0.24%	0.06%
BC	C	0.15%	0.18%	0.15%
BCC	B	0.15%	0.16%	0.15%
BCO	D	0.13%	0.2%	0.13%
BDC	B	0.14%	0.2%	0.14%
BFH	B	0.07%	0.14%	0.07%
BGC	C	0.1%	0.18%	0.1%
BKE	B	0.04%	0.21%	0.04%
BKH	A	0.12%	0.31%	0.12%
BKU	A	0.08%	0.17%	0.08%
BLKB	B	0.06%	0.21%	0.06%
BOH	B	0.08%	0.23%	0.08%
BOKF	B	0.07%	0.25%	0.07%
BRC	D	0.09%	0.26%	0.09%
BTU	B	0.09%	0.21%	0.09%
CABO	C	0.04%	0.16%	0.04%
CADE	B	0.18%	0.22%	0.18%
CAKE	C	0.06%	0.22%	0.06%
CATY	B	0.09%	0.23%	0.09%
CBT	C	0.17%	0.19%	0.17%
CBU	B	0.09%	0.22%	0.09%
CC	C	0.08%	0.1%	0.08%
CENTA	C	0.04%	0.19%	0.04%
CHCO	B	0.05%	0.28%	0.05%
CMPR	D	0.02%	0.11%	0.02%
CNK	B	0.05%	0.21%	0.05%
CNO	A	0.1%	0.27%	0.1%
CNX	A	0.14%	0.34%	0.14%
COLB	A	0.17%	0.17%	0.17%
COLM	B	0.04%	0.27%	0.04%
COOP	B	0.16%	0.24%	0.16%
CRC	B	0.12%	0.17%	0.12%
CRGY	B	0.05%	0.18%	0.05%
CRI	D	0.05%	0.19%	0.05%
CRUS	D	0.17%	0.11%	0.11%
CVBF	A	0.08%	0.22%	0.08%
CVI	F	0.02%	0.13%	0.02%
CWEN	C	0.03%	0.19%	0.03%
CWEN	C	0.07%	0.19%	0.07%
CXT	B	0.08%	0.21%	0.08%
DDS	B	0.05%	0.19%	0.05%
DTM	B	0.26%	0.47%	0.26%
DXC	B	0.1%	0.14%	0.1%
DY	D	0.07%	0.21%	0.07%
EAT	A	0.13%	0.26%	0.13%
EBC	B	0.09%	0.2%	0.09%
EE	A	0.01%	0.24%	0.01%
ENR	B	0.07%	0.27%	0.07%
ENS	D	0.11%	0.21%	0.11%
EPC	D	0.05%	0.23%	0.05%
ESAB	B	0.21%	0.28%	0.21%
ESE	B	0.09%	0.27%	0.09%
ESI	A	0.17%	0.22%	0.17%
EVTC	B	0.06%	0.21%	0.06%
FA	C	0.03%	0.23%	0.03%
FBP	B	0.09%	0.23%	0.09%
FCF	A	0.05%	0.23%	0.05%
FFBC	A	0.07%	0.24%	0.07%
FFIN	B	0.13%	0.21%	0.13%
FHB	A	0.09%	0.27%	0.09%
FHI	A	0.09%	0.38%	0.09%
FIBK	A	0.08%	0.19%	0.08%
FLO	D	0.12%	0.3%	0.12%
FLS	B	0.2%	0.33%	0.2%
FNB	A	0.15%	0.26%	0.15%
FRME	B	0.06%	0.22%	0.06%
FUL	F	0.12%	0.25%	0.12%
FULT	A	0.1%	0.22%	0.1%
GATX	A	0.14%	0.28%	0.14%
GBCI	B	0.17%	0.19%	0.17%
GEF	A	0.0%	0.27%	0.0%
GEF	A	0.04%	0.27%	0.04%
GFF	A	0.08%	0.16%	0.08%
GHC	C	0.08%	0.27%	0.08%
GME	C	0.25%	0.04%	0.04%
GMS	B	0.1%	0.23%	0.1%
GNW	A	0.09%	0.27%	0.09%
GO	C	0.04%	0.14%	0.04%
GOLF	B	0.05%	0.22%	0.05%
GPI	A	0.14%	0.21%	0.14%
GVA	A	0.11%	0.33%	0.11%
HAYW	B	0.07%	0.17%	0.07%
HCC	B	0.1%	0.14%	0.1%
HEES	B	0.05%	0.17%	0.05%
HNI	B	0.06%	0.24%	0.06%
HOG	D	0.11%	0.14%	0.11%
HOMB	A	0.14%	0.26%	0.14%
HP	B	0.04%	0.18%	0.04%
HTH	B	0.04%	0.22%	0.04%
HUBG	A	0.07%	0.24%	0.07%
HURN	B	0.06%	0.23%	0.06%
HWC	B	0.13%	0.21%	0.13%
IBOC	A	0.1%	0.25%	0.1%
IDA	A	0.16%	0.39%	0.16%
INDB	B	0.07%	0.2%	0.07%
INSW	F	0.03%	0.17%	0.03%
IOSP	B	0.08%	0.23%	0.08%
IPGP	D	0.06%	0.19%	0.06%
ITGR	B	0.12%	0.22%	0.12%
JWN	C	0.09%	0.13%	0.09%
JXN	C	0.22%	0.19%	0.19%
KAR	B	0.05%	0.29%	0.05%
KBH	D	0.15%	0.16%	0.15%
KEX	C	0.19%	0.24%	0.19%
KFY	B	0.11%	0.23%	0.11%
KMPR	B	0.11%	0.23%	0.11%
KMT	B	0.06%	0.25%	0.06%
KNF	A	0.16%	0.23%	0.16%
KSS	F	0.06%	0.1%	0.06%
KTB	B	0.14%	0.23%	0.14%
KWR	C	0.03%	0.23%	0.03%
LAUR	A	0.06%	0.28%	0.06%
LCII	C	0.04%	0.15%	0.04%
LEVI	F	0.02%	0.13%	0.02%
LGND	B	0.05%	0.14%	0.05%
LNC	B	0.17%	0.2%	0.17%
LPX	B	0.18%	0.19%	0.18%
LRN	A	0.06%	0.27%	0.06%
LZB	B	0.05%	0.18%	0.05%
M	D	0.12%	0.13%	0.12%
MAN	D	0.09%	0.2%	0.09%
MATX	C	0.15%	0.24%	0.15%
MCY	A	0.05%	0.22%	0.05%
MDU	D	0.16%	0.23%	0.16%
MGEE	C	0.1%	0.24%	0.1%
MHO	D	0.06%	0.14%	0.06%
MLI	C	0.27%	0.27%	0.27%
MLKN	D	0.05%	0.12%	0.05%
MODG	F	0.02%	0.11%	0.02%
MOG.A	B	0.16%	0.23%	0.16%
MSM	C	0.1%	0.24%	0.1%
MTG	C	0.19%	0.26%	0.19%
MTRN	C	0.06%	0.16%	0.06%
MTX	B	0.07%	0.25%	0.07%
MTZ	B	0.11%	0.18%	0.11%
NABL	F	0.01%	0.2%	0.01%
NAVI	C	0.03%	0.19%	0.03%
NBHC	B	0.05%	0.24%	0.05%
NBTB	B	0.06%	0.19%	0.06%
NFG	A	0.16%	0.32%	0.16%
NHC	C	0.04%	0.21%	0.04%
NJR	A	0.13%	0.33%	0.13%
NMRK	B	0.06%	0.18%	0.06%
NNI	D	0.04%	0.23%	0.04%
NPO	A	0.09%	0.19%	0.09%
NSP	D	0.08%	0.15%	0.08%
NWBI	B	0.05%	0.25%	0.05%
NWE	B	0.1%	0.31%	0.1%
OFG	B	0.05%	0.22%	0.05%
OGN	D	0.14%	0.1%	0.1%
OGS	A	0.12%	0.3%	0.12%
ONB	B	0.18%	0.24%	0.18%
OSIS	B	0.06%	0.22%	0.06%
OTTR	C	0.1%	0.2%	0.1%
OZK	B	0.14%	0.18%	0.14%
PBH	A	0.11%	0.28%	0.11%
PDCO	D	0.05%	0.18%	0.05%
PFS	B	0.07%	0.19%	0.07%
PFSI	D	0.07%	0.19%	0.07%
PHIN	A	0.06%	0.19%	0.06%
PII	D	0.11%	0.14%	0.11%
PINC	B	0.06%	0.29%	0.06%
PIPR	B	0.14%	0.26%	0.14%
PLXS	B	0.11%	0.24%	0.11%
PNM	F	0.11%	0.33%	0.11%
POR	C	0.14%	0.31%	0.14%
PRG	C	0.05%	0.14%	0.05%
PRGS	A	0.08%	0.28%	0.08%
PRIM	A	0.09%	0.24%	0.09%
PRK	B	0.07%	0.21%	0.07%
PSMT	C	0.06%	0.25%	0.06%
PTEN	C	0.09%	0.14%	0.09%
PTVE	B	0.01%	0.15%	0.01%
R	B	0.18%	0.24%	0.18%
RDN	C	0.15%	0.23%	0.15%
REVG	B	0.04%	0.12%	0.04%
REZI	A	0.08%	0.19%	0.08%
RNST	B	0.06%	0.21%	0.06%
RRR	D	0.04%	0.15%	0.04%
RUSHA	C	0.1%	0.22%	0.1%
SAH	A	0.02%	0.16%	0.02%
SANM	B	0.11%	0.15%	0.11%
SCL	C	0.05%	0.21%	0.05%
SEB	F	0.02%	0.23%	0.02%
SEE	C	0.12%	0.2%	0.12%
SEM	B	0.1%	0.17%	0.1%
SFBS	B	0.06%	0.17%	0.06%
SFM	A	0.38%	0.25%	0.25%
SFNC	B	0.08%	0.21%	0.08%
SHOO	D	0.05%	0.23%	0.05%
SIG	B	0.11%	0.17%	0.11%
SKYW	B	0.11%	0.25%	0.11%
SLGN	A	0.12%	0.29%	0.12%
SLM	A	0.14%	0.26%	0.14%
SM	B	0.07%	0.16%	0.07%
SNDR	B	0.03%	0.27%	0.03%
SNV	B	0.2%	0.22%	0.2%
SON	D	0.15%	0.27%	0.15%
SPB	C	0.07%	0.2%	0.07%
SPNT	A	0.04%	0.23%	0.04%
SR	A	0.1%	0.34%	0.1%
STBA	B	0.04%	0.19%	0.04%
STEP	B	0.05%	0.2%	0.05%
STRA	C	0.06%	0.16%	0.06%
SUM	B	0.17%	0.24%	0.17%
SUPN	C	0.05%	0.17%	0.05%
SWI	B	0.02%	0.18%	0.02%
SWX	B	0.13%	0.27%	0.13%
SXI	B	0.06%	0.23%	0.06%
SXT	B	0.09%	0.25%	0.09%
SYNA	C	0.08%	0.14%	0.08%
TCBI	B	0.1%	0.25%	0.1%
TDC	D	0.09%	0.15%	0.09%
TEX	D	0.1%	0.14%	0.1%
TGNA	B	0.08%	0.27%	0.08%
THG	A	0.14%	0.34%	0.14%
TNL	A	0.09%	0.23%	0.09%
TOWN	B	0.06%	0.23%	0.06%
TPH	D	0.11%	0.17%	0.11%
TRN	C	0.08%	0.19%	0.08%
TTMI	B	0.06%	0.2%	0.06%
UBSI	B	0.15%	0.23%	0.15%
UCB	A	0.1%	0.22%	0.1%
UGI	A	0.15%	0.19%	0.15%
UMBF	B	0.13%	0.24%	0.13%
UNF	B	0.08%	0.21%	0.08%
UPBD	B	0.04%	0.19%	0.04%
URBN	C	0.07%	0.16%	0.07%
USM	B	0.03%	0.12%	0.03%
VAC	B	0.07%	0.19%	0.07%
VC	D	0.04%	0.18%	0.04%
VCTR	B	0.04%	0.24%	0.04%
VIRT	B	0.07%	0.19%	0.07%
VLY	B	0.12%	0.16%	0.12%
VMI	B	0.18%	0.23%	0.18%
VNT	B	0.17%	0.24%	0.17%
VRNT	C	0.04%	0.1%	0.04%
VSCO	B	0.07%	0.14%	0.07%
VSH	D	0.06%	0.16%	0.06%
VSTS	C	0.05%	0.09%	0.05%
VVV	F	0.15%	0.23%	0.15%
WAFD	B	0.08%	0.19%	0.08%
WD	D	0.1%	0.19%	0.1%
WEN	D	0.1%	0.28%	0.1%
WERN	C	0.06%	0.26%	0.06%
WKC	D	0.04%	0.22%	0.04%
WMK	C	0.03%	0.26%	0.03%
WOR	F	0.03%	0.16%	0.03%
WS	B	0.04%	0.13%	0.04%
WSBC	A	0.05%	0.22%	0.05%
WSFS	A	0.09%	0.2%	0.09%
WTM	A	0.13%	0.26%	0.13%
WTS	B	0.15%	0.27%	0.15%
WU	D	0.11%	0.24%	0.11%
ZD	C	0.06%	0.2%	0.06%
ZWS	B	0.14%	0.3%	0.14%

VBR Overweight 505 Positions Relative to CSF

Symbol	Grade	Weight
SW	A	0.78%
BAH	F	0.69%
EME	C	0.61%
FCNCA	A	0.61%
BLDR	D	0.58%
ATO	A	0.58%
CSL	C	0.57%
NRG	B	0.55%
UTHR	C	0.49%
RPM	A	0.48%
PNR	A	0.48%
KIM	A	0.47%
IEX	B	0.47%
RS	B	0.46%
OC	A	0.45%
TOL	B	0.44%
USFD	A	0.44%
THC	D	0.43%
ACM	A	0.42%
EQH	B	0.42%
RGA	A	0.41%
FFIV	B	0.4%
RNR	C	0.4%
JBL	B	0.39%
WSM	B	0.39%
EWBC	A	0.39%
JLL	D	0.38%
REG	B	0.38%
GLPI	C	0.38%
TTEK	F	0.38%
PFGC	B	0.37%
JNPR	F	0.37%
ALLE	D	0.36%
EMN	D	0.36%
CACI	D	0.36%
LDOS	C	0.36%
CPT	B	0.36%
NVT	B	0.36%
BG	F	0.35%
SJM	D	0.34%
CHRW	C	0.34%
UHS	D	0.34%
CG	A	0.34%
AES	F	0.34%
ATR	B	0.33%
SCI	B	0.33%
BJ	A	0.33%
CCK	C	0.33%
KMX	B	0.33%
ITT	A	0.33%
BXP	D	0.33%
HUBB	B	0.33%
TPR	B	0.32%
OHI	C	0.32%
IPG	D	0.32%
RRX	B	0.32%
EPAM	C	0.3%
FBIN	D	0.3%
OVV	B	0.3%
AA	B	0.3%
AIZ	A	0.29%
ARMK	B	0.29%
PNW	B	0.29%
EHC	B	0.29%
SOLV	C	0.29%
SF	B	0.29%
WCC	B	0.28%
TAP	C	0.28%
TFX	F	0.28%
GL	B	0.28%
WTRG	B	0.28%
UNM	A	0.28%
STLD	B	0.28%
ALLY	C	0.28%
EVR	B	0.28%
LKQ	D	0.28%
AFG	A	0.28%
JEF	A	0.27%
Z	A	0.27%
AYI	B	0.27%
FRT	B	0.27%
FHN	A	0.27%
PRI	A	0.27%
APA	D	0.26%
SEIC	B	0.26%
AAL	B	0.26%
DCI	B	0.26%
WBS	A	0.26%
AIT	A	0.26%
LAD	A	0.26%
FYBR	D	0.26%
HSIC	B	0.26%
KBR	F	0.26%
FLR	B	0.26%
MUSA	A	0.26%
APG	B	0.25%
CMA	A	0.25%
GPK	C	0.25%
MOS	F	0.25%
INGR	B	0.25%
NYT	C	0.25%
HAS	D	0.25%
WAL	B	0.25%
VFC	C	0.24%
FMC	D	0.24%
BRX	A	0.24%
ORI	A	0.24%
AXTA	A	0.24%
HRB	D	0.24%
EGP	F	0.24%
WTFC	A	0.23%
CHRD	D	0.23%
DKS	C	0.23%
DOC	D	0.23%
X	C	0.23%
NI	A	0.23%
VOYA	B	0.23%
NNN	D	0.23%
KNX	B	0.23%
OGE	B	0.23%
SAIC	F	0.22%
SNX	C	0.22%
IVZ	B	0.22%
SSB	B	0.22%
ADC	B	0.22%
VNO	B	0.22%
RL	B	0.22%
CR	A	0.22%
BWA	D	0.22%
BERY	B	0.22%
ZION	B	0.22%
UFPI	B	0.21%
COHR	B	0.21%
MHK	D	0.21%
XPO	B	0.21%
CBSH	A	0.21%
HII	D	0.21%
AGNC	D	0.21%
CFR	B	0.21%
MKSI	C	0.2%
RHI	B	0.2%
QRVO	F	0.2%
RLI	B	0.2%
TMHC	B	0.2%
STAG	F	0.2%
G	B	0.2%
RRC	B	0.2%
MAT	D	0.2%
BIO	D	0.2%
FR	C	0.2%
MIDD	C	0.2%
FCN	D	0.2%
AGCO	D	0.19%
BPOP	B	0.19%
JAZZ	B	0.19%
LUMN	C	0.19%
MTH	D	0.19%
EVRG	A	0.19%
UHAL	D	0.19%
PB	A	0.19%
OSK	B	0.19%
ESNT	D	0.18%
CLF	F	0.18%
CMC	B	0.18%
MSA	D	0.18%
BBWI	D	0.18%
ELAN	D	0.18%
DINO	D	0.18%
STWD	C	0.18%
FAF	A	0.18%
ARW	D	0.18%
WHR	B	0.17%
BECN	B	0.17%
NSIT	F	0.17%
SRCL	C	0.17%
ACI	C	0.17%
LAMR	D	0.17%
PARA	C	0.17%
SIRI	C	0.17%
DVA	B	0.17%
OMF	A	0.17%
LEA	D	0.16%
NXST	C	0.16%
PVH	C	0.16%
SIGI	C	0.16%
TPG	A	0.16%
ALB	C	0.16%
NCLH	B	0.16%
GAP	C	0.15%
PSN	D	0.15%
ST	F	0.15%
TKR	D	0.15%
AN	C	0.15%
THO	B	0.15%
JHG	A	0.15%
KD	B	0.15%
RYN	D	0.14%
CUZ	B	0.14%
XRAY	F	0.14%
KRC	C	0.14%
MDGL	B	0.14%
OLN	D	0.14%
AM	A	0.14%
AUR	C	0.14%
SLG	B	0.14%
RIVN	F	0.13%
PR	B	0.13%
LYFT	C	0.13%
MUR	D	0.13%
SBRA	C	0.13%
GTES	A	0.13%
DNB	B	0.12%
ICUI	D	0.12%
MAC	B	0.12%
EDR	A	0.12%
HASI	D	0.12%
MGM	D	0.12%
NVST	B	0.11%
HUN	F	0.11%
CDP	C	0.11%
SKT	B	0.11%
ESGR	B	0.11%
ALE	A	0.11%
SMG	D	0.11%
ACHC	F	0.11%
NUVL	D	0.11%
AR	B	0.11%
PNFP	B	0.11%
HL	D	0.11%
BEN	C	0.1%
WBA	F	0.1%
PCH	D	0.1%
BNL	D	0.1%
NHI	D	0.1%
EPR	D	0.1%
IAC	D	0.1%
NWL	B	0.1%
PRGO	B	0.1%
HIW	D	0.1%
DEI	B	0.09%
SATS	D	0.09%
MIR	A	0.09%
PENN	C	0.09%
PAG	B	0.09%
ADTN	A	0.09%
ATKR	C	0.09%
AMED	F	0.09%
CWK	B	0.09%
APLE	B	0.09%
COMP	B	0.09%
AKR	B	0.08%
COTY	F	0.08%
LXP	D	0.08%
ABR	C	0.08%
PBF	D	0.08%
TDS	B	0.08%
UE	C	0.08%
DBRG	F	0.08%
PK	B	0.08%
MPW	F	0.08%
ALIT	C	0.08%
MGRC	B	0.08%
RNG	B	0.08%
AMKR	D	0.08%
IOVA	F	0.08%
BHF	B	0.08%
BYD	C	0.07%
OMCL	C	0.07%
GT	C	0.07%
ENOV	C	0.07%
CDE	D	0.07%
PECO	A	0.07%
HBI	B	0.07%
RNA	D	0.07%
CNXC	F	0.07%
PPBI	B	0.07%
BXMT	C	0.07%
OUT	A	0.07%
ARCH	B	0.07%
WLK	D	0.07%
POST	C	0.07%
NATL	B	0.06%
CGON	F	0.06%
AZTA	D	0.06%
TRMK	B	0.06%
IMVT	F	0.06%
RXO	C	0.06%
HI	C	0.06%
WLY	B	0.06%
GEO	B	0.06%
EQC	B	0.06%
SMMT	D	0.06%
ZG	A	0.06%
VIAV	B	0.06%
SHO	C	0.06%
IBTX	B	0.06%
INFA	D	0.06%
IVT	B	0.06%
B	B	0.06%
JOBY	B	0.06%
FL	F	0.06%
CPRI	F	0.06%
UAA	C	0.05%
APOG	B	0.05%
LTC	B	0.05%
DRH	B	0.05%
HE	C	0.05%
THS	D	0.05%
PZZA	D	0.05%
PPC	C	0.05%
OI	C	0.05%
GBX	A	0.05%
GNL	F	0.05%
VYX	B	0.05%
ROIC	A	0.05%
EIG	B	0.04%
PBI	B	0.04%
ARI	C	0.04%
AAT	B	0.04%
FDP	B	0.04%
DYN	F	0.04%
PDM	D	0.04%
IART	C	0.04%
DNOW	B	0.04%
VRE	B	0.04%
LADR	B	0.04%
WABC	B	0.04%
CSGS	B	0.04%
CAR	C	0.04%
SBH	C	0.04%
ALEX	C	0.04%
NX	C	0.04%
ESRT	C	0.04%
CODI	B	0.04%
BLMN	F	0.04%
WT	B	0.04%
REYN	D	0.04%
HOPE	B	0.04%
NTCT	C	0.04%
TROX	D	0.04%
CXW	B	0.04%
SMR	B	0.04%
HELE	C	0.04%
KN	B	0.04%
VRTS	B	0.04%
JBGS	D	0.04%
NWN	A	0.04%
ELME	D	0.04%
BHE	B	0.04%
LC	A	0.04%
FTRE	D	0.04%
HMN	B	0.04%
NGVT	B	0.04%
LEG	F	0.04%
GTY	B	0.04%
HLIO	B	0.04%
NPAB	B	0.04%
AVNS	F	0.03%
MMI	B	0.03%
THR	B	0.03%
XRX	F	0.03%
LGF.A	C	0.03%
SCSC	B	0.03%
BV	B	0.03%
OMI	F	0.03%
JACK	D	0.03%
MYGN	F	0.03%
BRKL	B	0.03%
DK	C	0.03%
DNUT	D	0.03%
RWT	D	0.03%
ODP	F	0.03%
MRC	B	0.03%
DAN	D	0.03%
CARS	B	0.03%
UA	C	0.03%
SCS	C	0.03%
ECPG	B	0.03%
TRS	B	0.03%
INVA	D	0.03%
CBRL	C	0.03%
MD	B	0.03%
ACT	D	0.03%
KFRC	D	0.03%
FBRT	C	0.03%
CSR	B	0.03%
ATSG	B	0.03%
OXM	D	0.03%
HTLF	B	0.03%
VSAT	F	0.03%
SAFT	C	0.03%
RBRK	A	0.03%
CNNE	B	0.03%
MSGE	F	0.03%
KALU	C	0.03%
AIV	C	0.03%
JELD	F	0.03%
UNFI	A	0.03%
VSTO	A	0.03%
GIII	D	0.03%
WWW	B	0.03%
BHLB	B	0.03%
PMT	D	0.03%
BKD	D	0.03%
UNIT	B	0.03%
AMRX	C	0.03%
UVV	B	0.03%
SVC	F	0.02%
ATUS	C	0.02%
DAWN	F	0.02%
FOR	F	0.02%
NAPA	B	0.02%
CWH	B	0.02%
BASE	C	0.02%
HPP	F	0.02%
PUMP	B	0.02%
KELYA	F	0.02%
HY	D	0.02%
AXL	C	0.02%
BGS	F	0.02%
UHAL	D	0.02%
RGR	F	0.02%
KOP	C	0.02%
BMBL	C	0.02%
MATW	C	0.02%
KREF	D	0.02%
PRLB	A	0.02%
ECVT	C	0.02%
AMWD	C	0.02%
ETWO	F	0.02%
XHR	B	0.02%
HLF	C	0.02%
ASTE	B	0.02%
CFFN	B	0.02%
PCRX	C	0.02%
WNC	C	0.02%
CMTG	F	0.02%
TMP	B	0.02%
PRAA	C	0.02%
FG	B	0.02%
PRA	C	0.02%
MNRO	D	0.02%
HAIN	C	0.02%
BRSP	B	0.02%
MATV	D	0.02%
HCSG	C	0.02%
EMBC	C	0.02%
EYE	C	0.02%
DLX	B	0.02%
BDN	C	0.02%
JBLU	F	0.02%
OLPX	D	0.01%
OPK	C	0.01%
TWKS	D	0.01%
DIN	C	0.01%
CENT	C	0.01%
ALX	D	0.01%
CMP	C	0.01%
AMBC	C	0.01%
KRO	D	0.01%
TGI	B	0.01%
VREX	C	0.01%
SWBI	C	0.01%
CNDT	C	0.01%
ZIP	F	0.01%
TRTX	B	0.01%
SRCL	C	0.01%
HTZ	C	0.01%
CRCT	F	0.01%
WOOF	D	0.01%
NVRI	F	0.01%
INN	D	0.01%
RUSHB	B	0.01%
WRLD	C	0.01%
VMEO	B	0.01%
RMR	F	0.01%
EGBN	B	0.01%
GRC	A	0.01%
SSTK	F	0.01%
BJRI	B	0.01%
FWRD	D	0.01%
USNA	C	0.01%
CCO	C	0.01%
CLB	B	0.01%
CLBK	B	0.01%
HTLD	B	0.01%
ARRY	C	0.01%
BFS	C	0.01%
SCHL	D	0.01%
DJT	C	0.01%
TILE	B	0.01%
GCMG	B	0.01%
MXL	C	0.01%
LGF.A	C	0.01%
CAL	D	0.01%
GES	F	0.01%
SCWX	B	0.0%
AC	C	0.0%
AMCX	C	0.0%
ACDC	C	0.0%
TASK	C	0.0%
LESL	C	0.0%
LDI	C	0.0%
NUS	D	0.0%
BRCC	F	0.0%

VBR Underweight 200 Positions Relative to CSF

Symbol	Grade	Weight
MSGS	A	-0.33%
EPAC	B	-0.32%
LOPE	B	-0.32%
KNTK	B	-0.32%
DLB	B	-0.31%
CPK	A	-0.3%
IDCC	A	-0.3%
MMSI	B	-0.3%
CALM	A	-0.3%
PJT	A	-0.3%
AWI	A	-0.29%
CWST	A	-0.29%
USLM	A	-0.29%
CASH	A	-0.28%
EXLS	B	-0.28%
NEU	C	-0.27%
SMPL	B	-0.27%
FELE	B	-0.27%
SNEX	B	-0.27%
CSWI	A	-0.27%
HLNE	B	-0.26%
BCPC	B	-0.26%
ACIW	B	-0.25%
CWT	D	-0.25%
WMG	C	-0.25%
SJW	D	-0.25%
JBT	B	-0.25%
GPOR	B	-0.25%
NMIH	D	-0.25%
MGY	A	-0.25%
LANC	C	-0.24%
RYAN	B	-0.24%
HAE	C	-0.24%
MMS	F	-0.24%
ALRM	C	-0.23%
OSW	A	-0.23%
HRI	B	-0.23%
ORA	B	-0.23%
CRVL	A	-0.23%
EEFT	B	-0.23%
ENVA	B	-0.23%
ALG	B	-0.23%
STC	B	-0.23%
MWA	B	-0.23%
KAI	A	-0.23%
VSEC	C	-0.22%
FTDR	A	-0.22%
DORM	B	-0.22%
ROAD	A	-0.22%
SYBT	B	-0.21%
TNC	D	-0.21%
MC	C	-0.21%
EFSC	B	-0.21%
NOG	A	-0.21%
WDFC	B	-0.21%
FSS	B	-0.21%
CNXN	C	-0.21%
FBK	B	-0.21%
BOX	B	-0.21%
YELP	C	-0.21%
HGV	B	-0.2%
LKFN	B	-0.2%
FIZZ	C	-0.2%
CNS	B	-0.2%
LMAT	A	-0.2%
ALTR	B	-0.2%
PATK	D	-0.2%
SBCF	A	-0.2%
AGM	C	-0.2%
JJSF	B	-0.2%
DFIN	D	-0.2%
CCOI	B	-0.2%
BMI	B	-0.2%
IRDM	D	-0.19%
ROG	D	-0.19%
MYRG	B	-0.19%
TFIN	A	-0.19%
CEIX	A	-0.19%
UTZ	D	-0.19%
CBZ	B	-0.19%
ICFI	F	-0.19%
CVCO	A	-0.19%
WHD	B	-0.19%
ADUS	D	-0.19%
BROS	B	-0.19%
PAYO	A	-0.18%
WGO	C	-0.18%
PAY	B	-0.18%
AEIS	B	-0.18%
FBNC	A	-0.18%
MCW	B	-0.18%
BL	B	-0.18%
JOE	F	-0.18%
VRRM	D	-0.18%
STRL	B	-0.18%
FRPT	B	-0.18%
RDNT	B	-0.18%
CRS	A	-0.18%
KTOS	B	-0.17%
ALKS	B	-0.17%
PLMR	B	-0.17%
CHEF	A	-0.17%
ROCK	C	-0.17%
SAM	C	-0.17%
CVLT	B	-0.17%
AGYS	A	-0.17%
IPAR	B	-0.17%
VICR	B	-0.16%
OII	B	-0.16%
GTX	D	-0.16%
CORT	B	-0.16%
RAMP	C	-0.16%
AESI	B	-0.16%
FOUR	B	-0.16%
OLLI	D	-0.16%
TBBK	B	-0.16%
GTLS	B	-0.16%
ITRI	B	-0.16%
DOCS	C	-0.15%
CXM	C	-0.15%
TALO	C	-0.15%
SKY	A	-0.15%
ADNT	F	-0.15%
TGLS	B	-0.15%
LTH	C	-0.15%
VERX	B	-0.15%
EXPO	D	-0.15%
GSHD	A	-0.15%
VCEL	B	-0.15%
GRBK	D	-0.15%
SLVM	B	-0.15%
OPCH	D	-0.15%
IESC	B	-0.15%
LOB	B	-0.15%
HWKN	B	-0.15%
CPRX	C	-0.14%
PEGA	A	-0.14%
SHAK	C	-0.14%
SHC	F	-0.14%
AMPH	D	-0.14%
LBRT	D	-0.14%
BOOT	D	-0.14%
ATI	D	-0.14%
PRVA	B	-0.14%
HRMY	D	-0.14%
POWI	D	-0.14%
PLUS	F	-0.14%
CNMD	C	-0.14%
APPF	B	-0.13%
VAL	D	-0.13%
BOWL	C	-0.13%
MBIN	D	-0.13%
CCS	D	-0.13%
AVAV	D	-0.12%
DOCN	D	-0.12%
LGIH	D	-0.12%
KOS	F	-0.12%
HALO	F	-0.12%
MNKD	C	-0.12%
ASTH	D	-0.12%
YETI	C	-0.12%
IBP	D	-0.12%
RH	B	-0.12%
VECO	F	-0.11%
CALX	D	-0.11%
TRIP	F	-0.11%
RIOT	C	-0.11%
PTGX	C	-0.11%
AMR	C	-0.11%
PI	D	-0.11%
HIMS	B	-0.11%
TGTX	B	-0.11%
YOU	D	-0.11%
DIOD	D	-0.11%
MOD	A	-0.11%
CVNA	B	-0.11%
POWL	C	-0.11%
ADMA	B	-0.11%
ALGM	D	-0.1%
ACAD	D	-0.1%
NSSC	D	-0.1%
HLIT	D	-0.1%
LPG	F	-0.1%
UFPT	B	-0.1%
CHWY	B	-0.1%
KRYS	B	-0.09%
FORM	D	-0.09%
MGPI	F	-0.09%
PGNY	F	-0.08%
ACLS	F	-0.08%
RKT	F	-0.08%
ARHS	F	-0.08%
DFH	D	-0.08%
FOXF	F	-0.08%
IAS	C	-0.08%
BLBD	D	-0.08%
TDW	F	-0.07%
MARA	C	-0.06%
LNTH	D	-0.06%
TMDX	F	-0.05%