VLU vs. GSPY ETF Comparison

Comparison of SPDR S&P 1500 Value Tilt ETF (VLU) to Gotham Enhanced 500 ETF (GSPY)

VLU

SPDR S&P 1500 Value Tilt ETF

VLU Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 1500 Low Valuation Tilt Index (the "index"). The fund employs a sampling strategy in seeking to track the index. It generally invests substantially all, but at least 80%, of its total assets in the securities. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively low valuations are overweight relative to the S&P Composite 1500 Index and stocks with relatively high valuations are underweight. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$173.59

Average Daily Volume

10,498

Number of Holdings ^*

1425

* may have additional holdings in another (foreign) market

GSPY

Gotham Enhanced 500 ETF

GSPY Description

The investment seeks long-term capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the S&P 500® Index. It is not a passive index fund, but instead utilizes an enhanced strategy implemented by the fund's investment sub-adviser to invest in the securities in the index and weight those securities based on the Sub-Adviser's assessment of value and each security's weight in the ndex.

Grade (RS Rating)

Last Trade

$29.23

Average Daily Volume

13,676

Number of Holdings ^*

493

* may have additional holdings in another (foreign) market

Performance

Period	VLU	GSPY
30 Days	0.51%	-2.85%
60 Days	1.47%	1.47%
90 Days	3.11%	4.22%
12 Months	16.23%	19.41%

490 Overlapping Holdings

Symbol	Grade	Weight in VLU	Weight in GSPY	Overlap
A	A	0.04%	0.03%	0.03%
AAL	F	0.06%	0.01%	0.01%
AAPL	B	2.34%	6.9%	2.34%
ABBV	A	0.44%	0.23%	0.23%
ABNB	F	0.07%	0.06%	0.06%
ABT	A	0.24%	0.38%	0.24%
ACGL	C	0.12%	0.03%	0.03%
ACN	C	0.3%	0.2%	0.2%
ADBE	C	0.19%	0.17%	0.17%
ADI	D	0.14%	0.08%	0.08%
ADM	D	0.29%	0.2%	0.2%
ADP	A	0.08%	0.53%	0.08%
ADSK	D	0.03%	0.04%	0.03%
AEE	A	0.08%	0.02%	0.02%
AEP	A	0.17%	0.04%	0.04%
AES	D	0.05%	0.01%	0.01%
AFL	A	0.2%	0.04%	0.04%
AIG	C	0.27%	0.04%	0.04%
AIZ	A	0.04%	0.01%	0.01%
AJG	A	0.06%	0.04%	0.04%
AKAM	C	0.03%	0.01%	0.01%
ALB	F	0.04%	0.01%	0.01%
ALGN	F	0.02%	0.01%	0.01%
ALL	A	0.15%	0.03%	0.03%
ALLE	B	0.02%	0.01%	0.01%
AMAT	F	0.13%	0.35%	0.13%
AMCR	A	0.06%	0.01%	0.01%
AMD	F	0.13%	0.14%	0.13%
AME	D	0.03%	0.03%	0.03%
AMGN	B	0.29%	0.13%	0.13%
AMP	D	0.1%	0.09%	0.09%
AMT	A	0.15%	0.07%	0.07%
AMZN	D	1.91%	4.64%	1.91%
ANET	D	0.06%	0.06%	0.06%
ANSS	D	0.02%	0.06%	0.02%
AON	A	0.06%	0.31%	0.06%
AOS	C	0.02%	0.01%	0.01%
APA	D	0.06%	0.01%	0.01%
APD	B	0.13%	0.04%	0.04%
APH	D	0.06%	0.18%	0.06%
APTV	D	0.06%	0.01%	0.01%
ARE	D	0.05%	0.01%	0.01%
ATO	A	0.06%	0.01%	0.01%
AVB	A	0.07%	0.02%	0.02%
AVGO	D	0.39%	1.08%	0.39%
AVY	D	0.02%	0.09%	0.02%
AWK	A	0.06%	0.02%	0.02%
AXON	C	0.01%	0.02%	0.01%
AXP	C	0.33%	0.36%	0.33%
AZO	A	0.07%	0.04%	0.04%
BA	D	0.17%	0.08%	0.08%
BAC	C	1.5%	0.68%	0.68%
BALL	B	0.04%	0.1%	0.04%
BAX	C	0.06%	0.01%	0.01%
BBWI	F	0.02%	0.04%	0.02%
BBY	C	0.15%	0.1%	0.1%
BDX	A	0.09%	0.05%	0.05%
BEN	F	0.06%	0.07%	0.06%
BG	D	0.15%	0.03%	0.03%
BIIB	F	0.1%	0.02%	0.02%
BIO	A	0.03%	0.01%	0.01%
BK	B	0.26%	0.1%	0.1%
BKNG	D	0.09%	0.12%	0.09%
BKR	B	0.11%	0.03%	0.03%
BLDR	C	0.05%	0.11%	0.05%
BLK	B	0.19%	0.28%	0.19%
BMY	A	0.34%	0.37%	0.34%
BR	A	0.02%	0.02%	0.02%
BRK.A	B	2.37%	2.02%	2.02%
BRO	A	0.03%	0.17%	0.03%
BSX	D	0.1%	0.08%	0.08%
BWA	D	0.07%	0.04%	0.04%
BX	B	0.12%	0.21%	0.12%
BXP	B	0.05%	0.01%	0.01%
C	C	1.14%	0.26%	0.26%
CAG	A	0.08%	0.08%	0.08%
CAH	B	0.22%	0.06%	0.06%
CARR	C	0.08%	0.04%	0.04%
CAT	C	0.23%	1.04%	0.23%
CB	A	0.37%	0.08%	0.08%
CBOE	B	0.03%	0.01%	0.01%
CBRE	A	0.08%	0.02%	0.02%
CCI	A	0.11%	0.03%	0.03%
CCL	D	0.16%	0.01%	0.01%
CDNS	F	0.02%	0.15%	0.02%
CDW	D	0.04%	0.16%	0.04%
CE	F	0.05%	0.08%	0.05%
CEG	D	0.03%	0.04%	0.03%
CF	D	0.06%	0.01%	0.01%
CFG	B	0.18%	0.04%	0.04%
CHD	D	0.03%	0.02%	0.02%
CHRW	A	0.05%	0.01%	0.01%
CHTR	A	0.33%	0.19%	0.19%
CI	B	0.39%	0.52%	0.39%
CINF	A	0.06%	0.01%	0.01%
CL	A	0.1%	0.4%	0.1%
CLX	A	0.03%	0.01%	0.01%
CMCSA	B	0.62%	0.11%	0.11%
CME	C	0.1%	0.13%	0.1%
CMG	D	0.04%	0.04%	0.04%
CMI	A	0.12%	0.21%	0.12%
CMS	A	0.06%	0.01%	0.01%
CNC	A	0.35%	0.03%	0.03%
CNP	D	0.07%	0.01%	0.01%
COF	C	0.52%	0.11%	0.11%
COP	F	0.43%	0.09%	0.09%
COST	D	0.27%	0.25%	0.25%
CPAY	B	0.04%	0.12%	0.04%
CPB	A	0.05%	0.01%	0.01%
CPRT	C	0.03%	0.03%	0.03%
CPT	A	0.04%	0.01%	0.01%
CRL	A	0.02%	0.01%	0.01%
CRM	D	0.23%	0.51%	0.23%
CSCO	D	0.45%	0.96%	0.45%
CSGP	D	0.03%	0.02%	0.02%
CSX	C	0.11%	0.34%	0.11%
CTAS	B	0.04%	0.05%	0.04%
CTLT	A	0.01%	0.01%	0.01%
CTRA	F	0.06%	0.01%	0.01%
CTSH	B	0.11%	0.08%	0.08%
CTVA	D	0.09%	0.03%	0.03%
CVS	C	0.7%	0.39%	0.39%
CVX	D	1.43%	0.51%	0.51%
CZR	F	0.03%	0.04%	0.03%
D	A	0.23%	0.03%	0.03%
DAL	F	0.26%	0.14%	0.14%
DAY	C	0.01%	0.0%	0.0%
DD	C	0.18%	0.17%	0.17%
DE	D	0.22%	0.08%	0.08%
DECK	D	0.02%	0.12%	0.02%
DFS	C	0.14%	0.07%	0.07%
DG	D	0.08%	0.02%	0.02%
DGX	A	0.05%	0.01%	0.01%
DHI	A	0.12%	0.04%	0.04%
DHR	A	0.14%	0.4%	0.14%
DIS	F	0.26%	0.84%	0.26%
DLR	A	0.04%	0.03%	0.03%
DLTR	F	0.06%	0.02%	0.02%
DOC	A	0.05%	0.01%	0.01%
DOV	C	0.03%	0.14%	0.03%
DOW	D	0.19%	0.03%	0.03%
DPZ	D	0.01%	0.01%	0.01%
DRI	D	0.04%	0.09%	0.04%
DTE	A	0.1%	0.02%	0.02%
DUK	A	0.33%	0.06%	0.06%
DVA	C	0.07%	0.01%	0.01%
DVN	D	0.16%	0.02%	0.02%
DXCM	F	0.01%	0.03%	0.01%
EA	A	0.05%	0.08%	0.05%
EBAY	A	0.08%	0.17%	0.08%
ECL	C	0.05%	0.05%	0.05%
ED	A	0.13%	0.02%	0.02%
EFX	A	0.02%	0.02%	0.02%
EG	D	0.09%	0.01%	0.01%
EIX	A	0.1%	0.02%	0.02%
EL	F	0.05%	0.03%	0.03%
ELV	B	0.41%	0.29%	0.29%
EMN	C	0.05%	0.01%	0.01%
EMR	C	0.15%	0.05%	0.05%
ENPH	F	0.01%	0.01%	0.01%
EOG	C	0.25%	0.05%	0.05%
EPAM	C	0.01%	0.03%	0.01%
EQIX	A	0.07%	0.05%	0.05%
EQR	B	0.08%	0.02%	0.02%
EQT	F	0.11%	0.01%	0.01%
ES	A	0.09%	0.02%	0.02%
ESS	B	0.04%	0.01%	0.01%
ETN	D	0.11%	0.08%	0.08%
ETR	A	0.13%	0.02%	0.02%
ETSY	D	0.01%	0.0%	0.0%
EVRG	A	0.07%	0.01%	0.01%
EW	F	0.04%	0.03%	0.03%
EXC	A	0.19%	0.03%	0.03%
EXPD	B	0.04%	0.01%	0.01%
EXPE	D	0.04%	0.01%	0.01%
EXR	A	0.05%	0.02%	0.02%
F	F	0.4%	0.03%	0.03%
FANG	C	0.12%	0.03%	0.03%
FAST	B	0.04%	0.03%	0.03%
FCX	F	0.09%	0.05%	0.05%
FDS	D	0.01%	0.01%	0.01%
FDX	B	0.27%	0.37%	0.27%
FE	A	0.07%	0.02%	0.02%
FFIV	A	0.02%	0.06%	0.02%
FICO	A	0.01%	0.03%	0.01%
FIS	C	0.1%	0.03%	0.03%
FITB	B	0.11%	0.06%	0.06%
FMC	A	0.03%	0.01%	0.01%
FOXA	B	0.08%	0.02%	0.02%
FRT	A	0.01%	0.01%	0.01%
FSLR	D	0.03%	0.02%	0.02%
FTNT	F	0.03%	0.03%	0.03%
FTV	D	0.03%	0.02%	0.02%
GD	A	0.2%	0.2%	0.2%
GDDY	A	0.03%	0.01%	0.01%
GE	C	0.27%	0.92%	0.27%
GEHC	B	0.03%	0.03%	0.03%
GILD	A	0.32%	0.5%	0.32%
GIS	A	0.11%	0.03%	0.03%
GL	C	0.03%	0.01%	0.01%
GLW	C	0.1%	0.03%	0.03%
GM	D	0.46%	0.25%	0.25%
GNRC	C	0.02%	0.01%	0.01%
GOOGL	D	0.74%	4.71%	0.74%
GPC	A	0.06%	0.01%	0.01%
GPN	F	0.06%	0.02%	0.02%
GRMN	B	0.06%	0.19%	0.06%
GS	B	0.54%	0.34%	0.34%
GWW	B	0.05%	0.25%	0.05%
HAL	F	0.09%	0.02%	0.02%
HAS	A	0.03%	0.05%	0.03%
HBAN	B	0.11%	0.02%	0.02%
HCA	A	0.21%	0.48%	0.21%
HD	B	0.48%	1.64%	0.48%
HES	D	0.07%	0.03%	0.03%
HIG	A	0.13%	0.02%	0.02%
HII	B	0.03%	0.01%	0.01%
HLT	C	0.02%	0.04%	0.02%
HOLX	A	0.03%	0.01%	0.01%
HON	D	0.21%	0.46%	0.21%
HPE	D	0.23%	0.03%	0.03%
HPQ	C	0.29%	0.22%	0.22%
HRL	A	0.08%	0.09%	0.08%
HSIC	C	0.03%	0.01%	0.01%
HST	D	0.04%	0.01%	0.01%
HSY	A	0.06%	0.03%	0.03%
HUBB	D	0.02%	0.01%	0.01%
HUM	D	0.25%	0.22%	0.22%
HWM	A	0.03%	0.17%	0.03%
IBM	A	0.41%	0.16%	0.16%
ICE	B	0.11%	0.43%	0.11%
IDXX	D	0.02%	0.03%	0.02%
IEX	D	0.01%	0.01%	0.01%
IFF	C	0.06%	0.02%	0.02%
INCY	B	0.02%	0.03%	0.02%
INTC	F	0.44%	0.1%	0.1%
INTU	B	0.06%	0.13%	0.06%
INVH	A	0.04%	0.02%	0.02%
IP	B	0.15%	0.08%	0.08%
IPG	C	0.04%	0.06%	0.04%
IQV	A	0.06%	0.03%	0.03%
IR	C	0.02%	0.1%	0.02%
IRM	A	0.04%	0.02%	0.02%
ISRG	A	0.09%	0.1%	0.09%
IT	A	0.03%	0.02%	0.02%
ITW	C	0.09%	0.38%	0.09%
IVZ	B	0.07%	0.02%	0.02%
J	B	0.04%	0.01%	0.01%
JBHT	C	0.03%	0.01%	0.01%
JBL	F	0.05%	0.08%	0.05%
JCI	D	0.14%	0.03%	0.03%
JKHY	A	0.01%	0.01%	0.01%
JNJ	A	0.86%	1.36%	0.86%
JNPR	A	0.03%	0.01%	0.01%
JPM	C	1.42%	1.33%	1.33%
K	A	0.06%	0.12%	0.06%
KDP	A	0.12%	0.08%	0.08%
KEY	C	0.14%	0.03%	0.03%
KEYS	D	0.03%	0.02%	0.02%
KHC	A	0.24%	0.24%	0.24%
KIM	A	0.03%	0.01%	0.01%
KLAC	D	0.06%	0.21%	0.06%
KMB	A	0.11%	0.29%	0.11%
KMI	B	0.37%	0.03%	0.03%
KMX	B	0.05%	0.01%	0.01%
KO	A	0.42%	0.97%	0.42%
KR	A	0.33%	0.2%	0.2%
KVUE	C	0.19%	0.03%	0.03%
L	B	0.13%	0.09%	0.09%
LDOS	C	0.05%	0.12%	0.05%
LEN	B	0.14%	0.1%	0.1%
LHX	B	0.1%	0.03%	0.03%
LIN	A	0.2%	0.15%	0.15%
LKQ	F	0.04%	0.05%	0.04%
LLY	D	0.21%	0.48%	0.21%
LMT	A	0.34%	0.67%	0.34%
LNT	A	0.04%	0.01%	0.01%
LOW	A	0.22%	0.7%	0.22%
LRCX	F	0.09%	0.24%	0.09%
LULU	F	0.03%	0.16%	0.03%
LUV	F	0.15%	0.01%	0.01%
LVS	F	0.06%	0.15%	0.06%
LW	F	0.01%	0.0%	0.0%
LYB	D	0.23%	0.02%	0.02%
LYV	D	0.03%	0.02%	0.02%
MA	A	0.12%	0.83%	0.12%
MAA	A	0.04%	0.01%	0.01%
MAR	D	0.09%	0.16%	0.09%
MAS	B	0.03%	0.1%	0.03%
MCD	A	0.14%	0.62%	0.14%
MCHP	F	0.06%	0.03%	0.03%
MCK	A	0.41%	0.4%	0.4%
MCO	A	0.04%	0.16%	0.04%
MDLZ	A	0.2%	0.2%	0.2%
MDT	A	0.31%	0.39%	0.31%
MET	C	0.41%	0.04%	0.04%
META	C	1.5%	2.86%	1.5%
MGM	F	0.06%	0.01%	0.01%
MHK	A	0.08%	0.04%	0.04%
MKC	A	0.04%	0.01%	0.01%
MKTX	A	0.01%	0.0%	0.0%
MLM	B	0.03%	0.02%	0.02%
MMC	A	0.12%	0.08%	0.08%
MMM	A	0.28%	0.24%	0.24%
MNST	B	0.06%	0.04%	0.04%
MO	A	0.35%	0.53%	0.35%
MOH	B	0.04%	0.1%	0.04%
MOS	F	0.09%	0.01%	0.01%
MPC	F	0.55%	0.04%	0.04%
MPWR	C	0.01%	0.02%	0.01%
MRK	D	0.41%	0.64%	0.41%
MRNA	F	0.05%	0.03%	0.03%
MRO	D	0.09%	0.01%	0.01%
MS	C	0.52%	0.35%	0.35%
MSCI	A	0.01%	0.03%	0.01%
MSFT	D	1.54%	7.5%	1.54%
MSI	A	0.04%	0.34%	0.04%
MTB	B	0.15%	0.06%	0.06%
MTCH	A	0.01%	0.05%	0.01%
MTD	B	0.02%	0.02%	0.02%
MU	F	0.16%	0.25%	0.16%
NCLH	D	0.03%	0.01%	0.01%
NDAQ	A	0.06%	0.02%	0.02%
NDSN	C	0.02%	0.05%	0.02%
NEE	A	0.36%	0.11%	0.11%
NEM	A	0.16%	0.03%	0.03%
NFLX	D	0.16%	0.68%	0.16%
NI	A	0.06%	0.01%	0.01%
NKE	F	0.12%	0.56%	0.12%
NOC	A	0.15%	0.14%	0.14%
NOW	B	0.06%	0.11%	0.06%
NRG	D	0.05%	0.09%	0.05%
NSC	A	0.12%	0.04%	0.04%
NTAP	C	0.04%	0.15%	0.04%
NTRS	B	0.07%	0.04%	0.04%
NUE	F	0.13%	0.03%	0.03%
NVDA	D	0.31%	5.09%	0.31%
NVR	A	0.06%	0.06%	0.06%
NWSA	C	0.03%	0.01%	0.01%
NXPI	D	0.08%	0.05%	0.05%
O	A	0.12%	0.05%	0.05%
ODFL	C	0.03%	0.03%	0.03%
OKE	C	0.11%	0.03%	0.03%
OMC	B	0.06%	0.1%	0.06%
ON	D	0.05%	0.02%	0.02%
ORCL	C	0.36%	0.26%	0.26%
ORLY	A	0.07%	0.04%	0.04%
OTIS	D	0.04%	0.21%	0.04%
OXY	D	0.21%	0.04%	0.04%
PANW	C	0.06%	0.07%	0.06%
PARA	D	0.05%	0.04%	0.04%
PAYC	C	0.01%	0.01%	0.01%
PAYX	A	0.05%	0.03%	0.03%
PCAR	F	0.12%	0.04%	0.04%
PCG	A	0.11%	0.08%	0.08%
PEG	A	0.13%	0.03%	0.03%
PEP	A	0.38%	0.33%	0.33%
PFE	A	0.92%	0.12%	0.12%
PFG	D	0.16%	0.01%	0.01%
PG	A	0.52%	0.95%	0.52%
PGR	A	0.16%	0.09%	0.09%
PH	C	0.08%	0.36%	0.08%
PHM	B	0.06%	0.02%	0.02%
PKG	A	0.04%	0.09%	0.04%
PLD	B	0.15%	0.08%	0.08%
PM	A	0.53%	1.0%	0.53%
PNC	B	0.38%	0.15%	0.15%
PNR	B	0.02%	0.07%	0.02%
PNW	A	0.05%	0.01%	0.01%
PODD	A	0.01%	0.01%	0.01%
POOL	C	0.01%	0.01%	0.01%
PPG	F	0.07%	0.02%	0.02%
PPL	A	0.09%	0.02%	0.02%
PRU	C	0.41%	0.23%	0.23%
PSA	A	0.06%	0.03%	0.03%
PSX	D	0.55%	0.31%	0.31%
PTC	D	0.02%	0.01%	0.01%
PWR	D	0.03%	0.03%	0.03%
PYPL	B	0.14%	0.36%	0.14%
QCOM	F	0.26%	1.03%	0.26%
QRVO	C	0.03%	0.06%	0.03%
RCL	C	0.06%	0.03%	0.03%
REG	A	0.04%	0.01%	0.01%
REGN	A	0.15%	0.08%	0.08%
RF	B	0.11%	0.02%	0.02%
RJF	D	0.05%	0.02%	0.02%
RL	D	0.03%	0.05%	0.03%
RMD	A	0.02%	0.02%	0.02%
ROK	D	0.04%	0.02%	0.02%
ROL	C	0.01%	0.02%	0.01%
ROP	D	0.05%	0.12%	0.05%
ROST	D	0.06%	0.25%	0.06%
RSG	A	0.09%	0.04%	0.04%
RTX	A	0.45%	0.11%	0.11%
SBAC	A	0.02%	0.02%	0.02%
SBUX	D	0.11%	0.06%	0.06%
SCHW	D	0.23%	0.19%	0.19%
SHW	A	0.06%	0.06%	0.06%
SJM	A	0.05%	0.01%	0.01%
SLB	D	0.16%	0.05%	0.05%
SMCI	F	0.02%	0.22%	0.02%
SNA	B	0.03%	0.08%	0.03%
SNPS	D	0.05%	0.17%	0.05%
SO	A	0.3%	0.06%	0.06%
SOLV	B	0.0%	0.05%	0.0%
SPG	B	0.06%	0.13%	0.06%
SPGI	B	0.12%	0.11%	0.11%
SRE	A	0.16%	0.04%	0.04%
STE	A	0.02%	0.01%	0.01%
STLD	D	0.08%	0.02%	0.02%
STT	B	0.13%	0.03%	0.03%
STX	C	0.05%	0.01%	0.01%
STZ	D	0.06%	0.03%	0.03%
SW	F	0.23%	0.03%	0.03%
SWK	A	0.06%	0.07%	0.06%
SWKS	C	0.06%	0.09%	0.06%
SYF	C	0.19%	0.04%	0.04%
SYK	D	0.08%	0.08%	0.08%
SYY	A	0.12%	0.03%	0.03%
T	A	1.24%	0.7%	0.7%
TAP	C	0.09%	0.06%	0.06%
TDG	D	0.02%	0.05%	0.02%
TDY	B	0.03%	0.01%	0.01%
TECH	A	0.01%	0.01%	0.01%
TEL	C	0.11%	0.25%	0.11%
TER	D	0.02%	0.01%	0.01%
TFC	B	0.54%	0.12%	0.12%
TFX	A	0.02%	0.01%	0.01%
TGT	F	0.23%	0.33%	0.23%
TJX	A	0.16%	0.47%	0.16%
TMO	A	0.18%	0.16%	0.16%
TMUS	A	0.36%	1.03%	0.36%
TPR	D	0.03%	0.05%	0.03%
TRGP	B	0.07%	0.02%	0.02%
TRMB	D	0.02%	0.01%	0.01%
TROW	D	0.07%	0.06%	0.06%
TRV	A	0.16%	0.03%	0.03%
TSCO	D	0.03%	0.02%	0.02%
TSLA	C	0.45%	0.8%	0.45%
TSN	A	0.16%	0.02%	0.02%
TT	C	0.07%	0.18%	0.07%
TTWO	D	0.02%	0.05%	0.02%
TXN	C	0.25%	0.13%	0.13%
TXT	C	0.04%	0.06%	0.04%
TYL	A	0.02%	0.02%	0.02%
UAL	F	0.14%	0.01%	0.01%
UBER	F	0.08%	0.09%	0.08%
UDR	B	0.03%	0.01%	0.01%
UHS	A	0.05%	0.07%	0.05%
ULTA	F	0.03%	0.09%	0.03%
UNH	A	1.17%	0.37%	0.37%
UNP	B	0.23%	0.1%	0.1%
UPS	F	0.37%	0.34%	0.34%
URI	B	0.07%	0.27%	0.07%
USB	B	0.37%	0.15%	0.15%
V	C	0.38%	1.69%	0.38%
VICI	A	0.1%	0.02%	0.02%
VLO	C	0.47%	0.04%	0.04%
VLTO	A	0.02%	0.02%	0.02%
VMC	A	0.03%	0.02%	0.02%
VRSK	C	0.01%	0.03%	0.01%
VRSN	B	0.02%	0.09%	0.02%
VRTX	B	0.12%	0.09%	0.09%
VST	D	0.06%	0.02%	0.02%
VTR	A	0.07%	0.02%	0.02%
VTRS	A	0.13%	0.01%	0.01%
VZ	B	1.54%	0.88%	0.88%
WAB	D	0.04%	0.15%	0.04%
WAT	A	0.02%	0.01%	0.01%
WBA	F	0.08%	0.05%	0.05%
WBD	C	0.17%	0.01%	0.01%
WDC	F	0.05%	0.01%	0.01%
WEC	A	0.09%	0.02%	0.02%
WELL	A	0.11%	0.04%	0.04%
WFC	D	1.11%	0.44%	0.44%
WM	C	0.09%	0.06%	0.06%
WMB	B	0.15%	0.03%	0.03%
WMT	B	1.57%	0.41%	0.41%
WRB	A	0.05%	0.01%	0.01%
WST	F	0.01%	0.01%	0.01%
WTW	A	0.06%	0.16%	0.06%
WY	A	0.07%	0.02%	0.02%
WYNN	F	0.02%	0.05%	0.02%
XEL	A	0.13%	0.02%	0.02%
XOM	A	2.1%	0.84%	0.84%
XYL	D	0.03%	0.02%	0.02%
YUM	B	0.03%	0.18%	0.03%
ZBH	C	0.05%	0.02%	0.02%
ZBRA	B	0.02%	0.01%	0.01%
ZTS	B	0.05%	0.06%	0.05%

VLU Overweight 935 Positions Relative to GSPY

Symbol	Grade	Weight
GOOG	D	1.21%
RGA	C	0.13%
OVV	F	0.11%
ALLY	B	0.11%
CHRD	D	0.1%
SNX	D	0.09%
UNM	B	0.09%
PFGC	D	0.09%
AFG	A	0.08%
CHK	F	0.08%
X	A	0.08%
SWN	F	0.07%
ZION	B	0.07%
EQH	C	0.07%
DINO	F	0.07%
FNF	A	0.07%
COOP	B	0.06%
JXN	C	0.06%
CIVI	F	0.06%
ARW	C	0.06%
THC	B	0.06%
USFD	A	0.06%
LEA	F	0.06%
CMA	B	0.06%
LAD	A	0.06%
ALK	F	0.05%
ORI	A	0.05%
ARMK	B	0.05%
AL	D	0.05%
UGI	A	0.05%
JLL	B	0.05%
ABG	C	0.05%
RNR	A	0.05%
OC	C	0.05%
TOL	B	0.05%
VFC	B	0.05%
EWBC	B	0.05%
WHR	D	0.05%
FHN	C	0.05%
JEF	B	0.05%
LNC	C	0.05%
COLB	B	0.05%
OGN	C	0.05%
RS	D	0.05%
WPC	B	0.05%
MUR	F	0.05%
R	B	0.05%
STWD	B	0.05%
HCC	C	0.04%
OHI	A	0.04%
OGS	B	0.04%
WSO	C	0.04%
UTHR	B	0.04%
HP	D	0.04%
DKS	D	0.04%
AMKR	F	0.04%
BKH	A	0.04%
WBS	C	0.04%
SNV	B	0.04%
CMC	C	0.04%
SANM	C	0.04%
KRC	B	0.04%
MUSA	A	0.04%
TMHC	B	0.04%
WCC	D	0.04%
BERY	B	0.04%
VOYA	D	0.04%
PBF	F	0.04%
GPI	A	0.04%
WU	D	0.04%
M	F	0.04%
WLK	D	0.04%
FOX	B	0.04%
AN	B	0.04%
GPS	D	0.04%
IBKR	D	0.04%
VNO	B	0.04%
AVT	D	0.04%
GLPI	A	0.04%
AR	F	0.04%
JHG	B	0.04%
OZK	B	0.04%
HRB	B	0.03%
AMH	A	0.03%
OSK	D	0.03%
WFRD	D	0.03%
SSB	B	0.03%
BURL	B	0.03%
PR	F	0.03%
CALM	A	0.03%
CSL	C	0.03%
CR	C	0.03%
URBN	C	0.03%
MTZ	D	0.03%
PENN	D	0.03%
MTG	B	0.03%
SON	D	0.03%
FLR	B	0.03%
HOG	B	0.03%
WSM	C	0.03%
MLI	B	0.03%
NNN	A	0.03%
DEI	B	0.03%
ACM	C	0.03%
BXMT	D	0.03%
GHC	C	0.03%
SM	F	0.03%
NFG	A	0.03%
SKX	D	0.03%
GPK	A	0.03%
PAG	A	0.03%
PK	D	0.03%
XPO	B	0.03%
BHF	C	0.03%
PB	B	0.03%
OGE	A	0.03%
CNXC	C	0.03%
POST	A	0.03%
THO	C	0.03%
APLE	C	0.03%
BKU	B	0.03%
TGNA	B	0.03%
MDU	B	0.03%
HWC	B	0.03%
FNB	B	0.03%
MTDR	D	0.03%
RDN	B	0.03%
SF	C	0.03%
CATY	B	0.03%
RRC	F	0.03%
WTRG	A	0.03%
CLF	F	0.03%
GNW	B	0.03%
CNO	A	0.03%
NXST	B	0.03%
NOV	C	0.03%
MPW	C	0.03%
ABM	B	0.03%
INGR	A	0.03%
CACI	A	0.03%
HIW	A	0.03%
FAF	A	0.03%
ASB	C	0.03%
FYBR	B	0.03%
KD	C	0.03%
AAP	D	0.03%
KNX	C	0.03%
MAN	B	0.03%
ONB	B	0.03%
DXC	C	0.03%
NOG	C	0.03%
AGCO	F	0.03%
GT	F	0.03%
CCK	A	0.03%
NWL	A	0.03%
TKO	A	0.03%
VLY	C	0.03%
CASY	B	0.03%
BJ	C	0.03%
CNX	C	0.03%
RC	B	0.02%
HUBG	C	0.02%
TALO	D	0.02%
KBR	B	0.02%
ARI	B	0.02%
TNL	C	0.02%
GATX	C	0.02%
FLS	C	0.02%
NJR	A	0.02%
SPNT	A	0.02%
AXTA	A	0.02%
MIDD	A	0.02%
PPBI	B	0.02%
CRUS	C	0.02%
KMPR	B	0.02%
ASO	F	0.02%
HTH	B	0.02%
RUN	B	0.02%
ENS	C	0.02%
PEB	F	0.02%
KRG	A	0.02%
FR	B	0.02%
WOR	F	0.02%
CVBF	B	0.02%
ABCB	C	0.02%
HOPE	B	0.02%
AVA	A	0.02%
AX	B	0.02%
CIEN	D	0.02%
SEE	C	0.02%
ELS	A	0.02%
LEG	C	0.02%
RUSHA	A	0.02%
MOG.A	C	0.02%
CBT	C	0.02%
SIGI	D	0.02%
OI	C	0.02%
GBX	D	0.02%
MGY	C	0.02%
BYD	C	0.02%
STAG	A	0.02%
VGR	A	0.02%
IDA	A	0.02%
PPC	A	0.02%
NWBI	B	0.02%
MTN	D	0.02%
CXW	D	0.02%
SKYW	C	0.02%
RRX	B	0.02%
SLM	C	0.02%
JBGS	B	0.02%
CABO	C	0.02%
VAL	D	0.02%
SLG	B	0.02%
BHE	B	0.02%
FLO	B	0.02%
GEF	B	0.02%
MMS	B	0.02%
ERIE	A	0.02%
UMBF	B	0.02%
NWE	A	0.02%
CW	C	0.02%
ASH	D	0.02%
CRC	D	0.02%
FULT	B	0.02%
LUMN	A	0.02%
GNL	B	0.02%
REXR	B	0.02%
GBCI	B	0.02%
CROX	D	0.02%
REZI	C	0.02%
NVT	F	0.02%
KAR	B	0.02%
PTEN	F	0.02%
VVV	B	0.02%
LII	B	0.02%
ANDE	C	0.02%
TKR	C	0.02%
VSH	D	0.02%
POR	A	0.02%
AGO	B	0.02%
PRI	B	0.02%
MATX	A	0.02%
BANC	D	0.02%
LBRT	C	0.02%
MHO	B	0.02%
MSM	C	0.02%
BCC	B	0.02%
PNM	A	0.02%
AMR	F	0.02%
BC	C	0.02%
G	B	0.02%
TDS	C	0.02%
RNST	B	0.02%
AVNT	C	0.02%
CC	F	0.02%
EVR	B	0.02%
SAIC	C	0.02%
ST	D	0.02%
CRS	A	0.02%
BANR	B	0.02%
SIG	F	0.02%
GEO	C	0.02%
THG	A	0.02%
ALE	A	0.02%
COTY	F	0.02%
ATI	B	0.02%
RHI	F	0.02%
SR	B	0.02%
WWD	D	0.02%
AM	C	0.02%
PDCO	C	0.02%
GXO	C	0.02%
CWEN	A	0.02%
MLKN	B	0.02%
AUB	B	0.02%
COKE	A	0.02%
TCBI	C	0.02%
JBLU	D	0.02%
PVH	F	0.02%
NATL	C	0.02%
SBRA	B	0.02%
CAR	F	0.02%
BLD	B	0.02%
SWX	B	0.02%
SFM	A	0.02%
SLGN	A	0.02%
RPM	A	0.02%
EHC	A	0.02%
ADC	A	0.02%
ENVA	B	0.02%
KSS	F	0.02%
PRGO	C	0.02%
COHR	D	0.02%
ADNT	F	0.02%
FL	B	0.02%
HBI	B	0.02%
HOMB	B	0.02%
IBTX	B	0.02%
CNK	A	0.02%
CBSH	B	0.02%
KEX	D	0.02%
DTM	B	0.02%
FHB	B	0.02%
OLN	F	0.02%
GME	D	0.02%
JWN	C	0.02%
SNEX	B	0.02%
LNW	B	0.02%
PRG	A	0.02%
WAFD	B	0.02%
ESNT	B	0.02%
H	D	0.02%
LAMR	C	0.02%
PFS	B	0.02%
BTU	F	0.02%
SATS	B	0.02%
WTFC	B	0.02%
CFR	B	0.02%
EME	D	0.02%
IBOC	B	0.02%
PII	D	0.02%
ABR	D	0.02%
JAZZ	B	0.02%
SCI	B	0.02%
TPH	B	0.02%
UFPI	B	0.02%
CG	B	0.02%
ARCH	F	0.02%
CEIX	D	0.02%
UBSI	B	0.02%
AA	F	0.02%
CUBE	A	0.02%
AMG	B	0.02%
CWK	B	0.02%
MTH	B	0.02%
CLH	A	0.02%
FFBC	B	0.02%
CADE	B	0.02%
SEM	C	0.02%
KBH	B	0.02%
BRX	A	0.02%
DAR	D	0.02%
ALV	F	0.02%
TRN	A	0.02%
ILMN	C	0.02%
NSIT	D	0.02%
PNFP	B	0.02%
CUZ	A	0.02%
SFNC	B	0.02%
MSGS	B	0.01%
ZI	F	0.01%
ALGM	F	0.01%
HAFC	B	0.01%
MTRN	D	0.01%
HZO	C	0.01%
KREF	B	0.01%
CORT	B	0.01%
RMBS	F	0.01%
ESAB	C	0.01%
TRST	B	0.01%
FBNC	B	0.01%
NEOG	B	0.01%
UFCS	B	0.01%
ROG	D	0.01%
APOG	B	0.01%
ALEX	A	0.01%
TWI	C	0.01%
PRAA	B	0.01%
RDNT	C	0.01%
AAT	A	0.01%
MCRI	B	0.01%
OMCL	B	0.01%
CHE	A	0.01%
FTRE	C	0.01%
BRKR	C	0.01%
HTZ	F	0.01%
IPAR	B	0.01%
AZTA	C	0.01%
BGS	C	0.01%
AOSL	C	0.01%
HWKN	A	0.01%
MRCY	B	0.01%
ALGT	F	0.01%
NBHC	B	0.01%
VRRM	B	0.01%
PRDO	B	0.01%
PFBC	B	0.01%
XHR	D	0.01%
AEIS	C	0.01%
VRTS	D	0.01%
CHH	B	0.01%
TRIP	F	0.01%
AWR	A	0.01%
MMI	B	0.01%
MYGN	B	0.01%
BRBR	D	0.01%
KNF	B	0.01%
ACLS	F	0.01%
MSA	C	0.01%
AZZ	C	0.01%
ROCK	D	0.01%
JBT	D	0.01%
CARG	D	0.01%
DRH	D	0.01%
ESE	B	0.01%
RCM	A	0.01%
SKT	B	0.01%
CHCO	B	0.01%
HCSG	C	0.01%
INN	A	0.01%
DOCS	D	0.01%
SAFT	B	0.01%
MMSI	A	0.01%
EXP	A	0.01%
PCTY	C	0.01%
SBSI	B	0.01%
HAIN	C	0.01%
ZD	F	0.01%
SMPL	D	0.01%
CHEF	C	0.01%
EFC	B	0.01%
CWT	A	0.01%
AIN	D	0.01%
GES	B	0.01%
WRLD	D	0.01%
BDC	B	0.01%
LGND	B	0.01%
AMWD	B	0.01%
HAE	B	0.01%
MASI	F	0.01%
FOXF	D	0.01%
CPK	A	0.01%
HQY	D	0.01%
SCL	D	0.01%
BKE	B	0.01%
ROIC	A	0.01%
GO	F	0.01%
FTDR	A	0.01%
CAL	B	0.01%
RES	C	0.01%
FIZZ	B	0.01%
GTY	B	0.01%
NGVT	F	0.01%
RGEN	C	0.01%
AWI	B	0.01%
TDC	F	0.01%
EIG	B	0.01%
ASIX	A	0.01%
OUT	B	0.01%
GFF	B	0.01%
NVRI	A	0.01%
TPX	C	0.01%
JJSF	B	0.01%
ICUI	B	0.01%
PLAB	F	0.01%
MGEE	A	0.01%
CPF	B	0.01%
EPC	C	0.01%
RYN	A	0.01%
ENR	B	0.01%
EXLS	B	0.01%
DORM	A	0.01%
YELP	F	0.01%
SBCF	B	0.01%
FORM	F	0.01%
EGBN	C	0.01%
FCPT	A	0.01%
FSS	B	0.01%
ONTO	F	0.01%
IART	F	0.01%
SHO	D	0.01%
HXL	D	0.01%
CASH	B	0.01%
THS	A	0.01%
MNRO	A	0.01%
TMP	B	0.01%
KN	C	0.01%
NHC	B	0.01%
FWRD	D	0.01%
SCHL	F	0.01%
MC	B	0.01%
CFFN	B	0.01%
PJT	B	0.01%
MORN	B	0.01%
KALU	F	0.01%
DNOW	B	0.01%
AVAV	D	0.01%
CVCO	B	0.01%
HPP	C	0.01%
PLUS	B	0.01%
AMED	A	0.01%
ALKS	A	0.01%
BOOT	C	0.01%
OSIS	C	0.01%
HLX	C	0.01%
FND	D	0.01%
TBBK	B	0.01%
HALO	B	0.01%
CUBI	B	0.01%
SYNA	F	0.01%
MTSI	D	0.01%
OLED	D	0.01%
WEN	D	0.01%
NOVT	C	0.01%
FELE	B	0.01%
MEDP	D	0.01%
CWEN	A	0.01%
B	C	0.01%
UE	A	0.01%
KWR	D	0.01%
UCTT	F	0.01%
CRI	F	0.01%
LANC	A	0.01%
MYRG	F	0.01%
KLIC	F	0.01%
STC	B	0.01%
VIR	D	0.01%
CVI	F	0.01%
DT	F	0.01%
SPTN	B	0.01%
CLW	B	0.01%
DCOM	B	0.01%
STRA	D	0.01%
WD	B	0.01%
LGIH	C	0.01%
HMN	D	0.01%
AKR	A	0.01%
BWXT	C	0.01%
AHCO	B	0.01%
HASI	C	0.01%
BRKL	B	0.01%
PHIN	C	0.01%
CGNX	D	0.01%
BCPC	B	0.01%
IDCC	A	0.01%
FBK	B	0.01%
LTC	B	0.01%
ITGR	C	0.01%
SVC	C	0.01%
SCVL	B	0.01%
CBRL	F	0.01%
VNT	F	0.01%
AROC	C	0.01%
OII	B	0.01%
GVA	A	0.01%
SFBS	B	0.01%
LXP	B	0.01%
SHC	C	0.01%
UNFI	B	0.01%
IOSP	C	0.01%
SHOO	C	0.01%
VSTO	A	0.01%
KELYA	B	0.01%
SAIA	F	0.01%
IRT	A	0.01%
TREX	D	0.01%
RWT	B	0.01%
VC	F	0.01%
SXT	C	0.01%
MATV	C	0.01%
SXC	D	0.01%
CAKE	D	0.01%
KMT	C	0.01%
PECO	A	0.01%
ARCB	D	0.01%
UNF	B	0.01%
PUMP	F	0.01%
ORA	B	0.01%
GTLS	D	0.01%
IBP	B	0.01%
SSD	B	0.01%
CRK	F	0.01%
LRN	A	0.01%
WGO	D	0.01%
AXL	F	0.01%
FDP	A	0.01%
ENOV	D	0.01%
OFG	B	0.01%
PIPR	B	0.01%
NWS	C	0.01%
BDN	B	0.01%
IPGP	F	0.01%
CNXN	A	0.01%
MODG	C	0.01%
CTRE	A	0.01%
MTX	D	0.01%
FCF	B	0.01%
RH	D	0.01%
APAM	D	0.01%
PINC	A	0.01%
SAH	C	0.01%
SITC	B	0.01%
RLI	A	0.01%
BLMN	C	0.01%
ENSG	B	0.01%
PCH	B	0.01%
BRC	B	0.01%
CENTA	D	0.01%
PATK	B	0.01%
EXPI	B	0.01%
PBH	B	0.01%
ANF	D	0.01%
WTS	B	0.01%
KLG	C	0.01%
WH	B	0.01%
WWW	B	0.01%
NPO	B	0.01%
DLX	C	0.01%
SBH	D	0.01%
LNTH	B	0.01%
DLB	F	0.01%
ACIW	A	0.01%
ITRI	D	0.01%
NBR	B	0.01%
NSA	B	0.01%
MKSI	F	0.01%
NYT	B	0.01%
BHLB	B	0.01%
MAT	A	0.01%
NEU	C	0.01%
HGV	D	0.01%
BGC	C	0.01%
NSP	C	0.01%
LITE	D	0.01%
BOH	B	0.01%
FN	D	0.01%
LOPE	B	0.01%
GIII	F	0.01%
CHX	C	0.01%
NVST	D	0.01%
NBIX	A	0.01%
LZB	B	0.01%
PRK	B	0.01%
RBC	C	0.01%
FHI	B	0.01%
PBI	B	0.01%
OPCH	A	0.01%
EGP	B	0.01%
XRX	F	0.01%
CCS	B	0.01%
OMI	C	0.01%
CCOI	B	0.01%
EAT	D	0.01%
FIX	D	0.01%
SCSC	B	0.01%
KW	B	0.01%
OLLI	B	0.01%
STBA	B	0.01%
WMS	C	0.01%
SLCA	B	0.01%
EPR	B	0.01%
UA	F	0.01%
TTMI	C	0.01%
NBTB	B	0.01%
FFIN	B	0.01%
RXO	B	0.01%
LCII	C	0.01%
SMG	A	0.01%
WSFS	B	0.01%
HI	D	0.01%
UAA	F	0.01%
XRAY	D	0.01%
SABR	C	0.01%
WS	B	0.01%
PSMT	B	0.01%
OTTR	B	0.01%
ACHC	B	0.01%
AYI	D	0.01%
DIOD	D	0.01%
GMS	B	0.01%
GGG	C	0.01%
FUL	B	0.01%
EPRT	B	0.01%
WEX	D	0.01%
ECPG	B	0.01%
SRCL	A	0.01%
KTB	B	0.01%
GRBK	B	0.01%
AMN	B	0.01%
HLI	B	0.01%
INVA	A	0.01%
WERN	C	0.01%
FCN	B	0.01%
PMT	C	0.01%
VSCO	F	0.01%
DEA	B	0.01%
ACA	D	0.01%
TRMK	B	0.01%
CBU	B	0.01%
LPG	F	0.01%
ATR	B	0.01%
CNM	C	0.01%
AEO	D	0.01%
LSTR	B	0.01%
AIT	B	0.01%
BCO	C	0.01%
PSTG	D	0.01%
LECO	C	0.01%
NWN	B	0.01%
VBTX	B	0.01%
PARR	F	0.01%
DBX	C	0.01%
HNI	B	0.01%
TTC	C	0.01%
LFUS	C	0.01%
VSAT	C	0.01%
MAC	C	0.01%
SLVM	C	0.01%
ASGN	D	0.01%
MCY	A	0.01%
NAVI	C	0.01%
DAN	F	0.01%
ODP	C	0.01%
NMIH	B	0.01%
TEX	D	0.01%
GNTX	D	0.01%
PLXS	B	0.01%
ATGE	B	0.01%
DCI	C	0.01%
CHDN	C	0.01%
DY	C	0.01%
UCBI	B	0.01%
INDB	B	0.01%
GMED	B	0.01%
EXEL	A	0.01%
BANF	B	0.01%
COLM	D	0.01%
UVV	B	0.01%
EEFT	D	0.01%
FBP	B	0.01%
LPX	B	0.01%
RGLD	B	0.01%
CPRI	F	0.01%
IIPR	B	0.01%
VMI	B	0.01%
KFY	B	0.01%
VAC	F	0.01%
TXRH	C	0.01%
SEIC	C	0.01%
VSTS	C	0.01%
ITT	B	0.01%
TTEK	A	0.01%
VICR	C	0.0%
UHT	B	0.0%
NPK	D	0.0%
SPWR	F	0.0%
DDD	D	0.0%
XPEL	D	0.0%
CHUY	B	0.0%
NARI	D	0.0%
LESL	F	0.0%
AGYS	B	0.0%
VCEL	B	0.0%
MSEX	A	0.0%
VREX	F	0.0%
EMBC	B	0.0%
GOGO	F	0.0%
WOLF	F	0.0%
HCI	F	0.0%
PCRX	D	0.0%
AAON	B	0.0%
CEVA	F	0.0%
SNCY	D	0.0%
SITM	C	0.0%
CLB	B	0.0%
LQDT	B	0.0%
BMI	B	0.0%
TTGT	C	0.0%
STAA	D	0.0%
TNDM	C	0.0%
TGI	B	0.0%
BJRI	F	0.0%
COHU	F	0.0%
TRUP	B	0.0%
MXL	F	0.0%
RGNX	D	0.0%
GKOS	C	0.0%
CMP	D	0.0%
NXRT	A	0.0%
NABL	D	0.0%
DGII	C	0.0%
CRSR	F	0.0%
PGNY	D	0.0%
HVT	B	0.0%
ARWR	C	0.0%
ICHR	F	0.0%
CERT	D	0.0%
JBSS	A	0.0%
PEN	F	0.0%
MYE	D	0.0%
EPAC	C	0.0%
CPRX	B	0.0%
CHCT	F	0.0%
CELH	F	0.0%
SSTK	C	0.0%
PZZA	D	0.0%
ELF	D	0.0%
VVI	D	0.0%
ASTE	C	0.0%
DRQ	F	0.0%
WSR	B	0.0%
CTS	D	0.0%
AHH	B	0.0%
CARS	C	0.0%
HSII	A	0.0%
DV	C	0.0%
IIIN	C	0.0%
SXI	B	0.0%
CYTK	C	0.0%
COLL	A	0.0%
PRLB	D	0.0%
HRMY	B	0.0%
CENT	F	0.0%
WING	D	0.0%
XNCR	F	0.0%
SLAB	F	0.0%
NUS	F	0.0%
PRVA	C	0.0%
EXTR	C	0.0%
CVGW	F	0.0%
USNA	F	0.0%
LNN	C	0.0%
YETI	D	0.0%
CCRN	C	0.0%
POWL	C	0.0%
RGR	C	0.0%
KNSL	A	0.0%
RILY	F	0.0%
AMPH	C	0.0%
VIAV	C	0.0%
SONO	F	0.0%
AVNS	A	0.0%
SMTC	D	0.0%
CSGS	C	0.0%
IRDM	C	0.0%
THRM	A	0.0%
THRY	F	0.0%
JACK	C	0.0%
WDFC	B	0.0%
ALG	D	0.0%
SPSC	B	0.0%
BLKB	D	0.0%
KOP	F	0.0%
GDEN	D	0.0%
TNC	C	0.0%
BSIG	B	0.0%
NX	C	0.0%
SHEN	B	0.0%
TILE	A	0.0%
CNMD	F	0.0%
UNIT	C	0.0%
AMSF	C	0.0%
GPRE	C	0.0%
SJW	A	0.0%
HTLD	B	0.0%
SEDG	F	0.0%
POWI	F	0.0%
DXPE	B	0.0%
VECO	D	0.0%
MCW	C	0.0%
RCUS	F	0.0%
BOX	B	0.0%
SGH	F	0.0%
LIVN	F	0.0%
WNC	F	0.0%
SMP	B	0.0%
MGPI	B	0.0%
PRA	D	0.0%
QLYS	D	0.0%
PLNT	B	0.0%
WABC	B	0.0%
PLMR	B	0.0%
FIVE	F	0.0%
HLIT	A	0.0%
PAHC	C	0.0%
SHAK	B	0.0%
DFIN	B	0.0%
PRGS	B	0.0%
IRWD	C	0.0%
REX	C	0.0%
MD	C	0.0%
PRFT	A	0.0%
MANH	B	0.0%
ALRM	B	0.0%
MATW	C	0.0%
EXPO	B	0.0%
CALX	B	0.0%
USPH	D	0.0%
NTCT	C	0.0%
HAYN	A	0.0%
CRVL	B	0.0%
DVAX	F	0.0%
LSCC	F	0.0%
CENX	F	0.0%
AMCX	F	0.0%
ASTH	B	0.0%
CNSL	A	0.0%
MERC	F	0.0%
NEO	A	0.0%
RAMP	F	0.0%
ENV	C	0.0%
AIR	D	0.0%
NVEE	C	0.0%
SUPN	B	0.0%
CVLT	A	0.0%
ETH	D	0.0%
EVTC	C	0.0%
DBI	D	0.0%
MTUS	D	0.0%
TR	C	0.0%
CACC	D	0.0%
SAM	D	0.0%
FLGT	B	0.0%
LKFN	B	0.0%
JOE	B	0.0%
PLAY	F	0.0%
MRTN	C	0.0%
GDOT	F	0.0%
MOV	D	0.0%
HELE	F	0.0%
ZEUS	D	0.0%
MP	F	0.0%
QNST	B	0.0%
ADUS	B	0.0%
OXM	D	0.0%
EYE	D	0.0%
DIN	F	0.0%
CSR	A	0.0%
HFWA	B	0.0%
VTOL	C	0.0%
UTL	A	0.0%
BFS	B	0.0%
EZPW	A	0.0%
AMBC	F	0.0%

VLU Underweight 3 Positions Relative to GSPY

Symbol	Grade	Weight
KKR	C	-0.21%
CRWD	F	-0.04%
GEV	D	-0.03%