VLU vs. HDG ETF Comparison

Comparison of SPDR S&P 1500 Value Tilt ETF (VLU) to ProShares Hedge Replication ETF (HDG)

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

$184.14

Average Daily Volume

11,667

Number of Holdings ^*

1423

* may have additional holdings in another (foreign) market

HDG

ProShares Hedge Replication ETF

HDG Description

The investment seeks investment results before fees and expenses that track the performance of the Merrill Lynch Factor Model-Exchange Series. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.07

Average Daily Volume

1,467

Number of Holdings ^*

1747

* may have additional holdings in another (foreign) market

Performance

Period	VLU	HDG
30 Days	3.47%	1.12%
60 Days	4.09%	0.88%
90 Days	7.29%	2.84%
12 Months	26.24%	7.91%

602 Overlapping Holdings

	Symbol	Grade	Weight in VLU	Weight in HDG	Overlap
	AAT	B	0.01%	0.01%	0.01%
	ABCB	B	0.02%	0.02%	0.02%
	ABG	D	0.04%	0.03%	0.03%
	ABM	D	0.03%	0.02%	0.02%
	ABR	B	0.02%	0.02%	0.02%
	ACA	B	0.01%	0.03%	0.01%
	ACIW	C	0.01%	0.03%	0.01%
	ACLS	F	0.0%	0.02%	0.0%
	ADNT	F	0.02%	0.01%	0.01%
	ADUS	B	0.0%	0.01%	0.0%
	AEIS	D	0.0%	0.02%	0.0%
	AEO	F	0.01%	0.02%	0.01%
	AGYS	D	0.0%	0.01%	0.0%
	AHCO	C	0.01%	0.01%	0.01%
	AHH	C	0.0%	0.0%	0.0%
	AIN	D	0.01%	0.02%	0.01%
	AIR	C	0.0%	0.01%	0.0%
	AIT	A	0.01%	0.05%	0.01%
	AKR	B	0.01%	0.01%	0.01%
	ALE	B	0.02%	0.02%	0.02%
	ALEX	B	0.01%	0.01%	0.01%
	ALG	D	0.0%	0.01%	0.0%
	ALGT	F	0.0%	0.0%	0.0%
	ALKS	C	0.01%	0.03%	0.01%
	ALRM	F	0.0%	0.02%	0.0%
	AMBC	D	0.0%	0.0%	0.0%
	AMCX	F	0.0%	0.0%	0.0%
	AMN	F	0.01%	0.01%	0.01%
	AMPH	C	0.0%	0.01%	0.0%
	AMR	F	0.01%	0.01%	0.01%
	AMSF	C	0.0%	0.01%	0.0%
	AMWD	D	0.01%	0.01%	0.01%
	ANDE	D	0.02%	0.01%	0.01%
	ANET	B	0.07%	0.0%	0.0%
	ANF	D	0.01%	0.04%	0.01%
	AOSL	D	0.0%	0.0%	0.0%
	APAM	C	0.01%	0.02%	0.01%
	APLE	D	0.03%	0.02%	0.02%
	APOG	B	0.0%	0.01%	0.0%
	ARCB	D	0.01%	0.01%	0.01%
	ARCH	F	0.02%	0.01%	0.01%
	ARI	F	0.01%	0.01%	0.01%
	AROC	D	0.01%	0.02%	0.01%
	ARWR	F	0.0%	0.02%	0.0%
	ASB	D	0.03%	0.02%	0.02%
	ASGN	D	0.01%	0.02%	0.01%
	ASIX	C	0.01%	0.0%	0.0%
	ASO	C	0.02%	0.02%	0.02%
	ASTE	D	0.0%	0.0%	0.0%
	ASTH	B	0.0%	0.01%	0.0%
	ATGE	D	0.01%	0.02%	0.01%
	AUB	D	0.02%	0.02%	0.02%
	AVA	C	0.02%	0.02%	0.02%
	AVAV	C	0.01%	0.03%	0.01%
	AVNS	B	0.01%	0.01%	0.01%
	AVNT	B	0.02%	0.03%	0.02%
	AWR	B	0.01%	0.02%	0.01%
	AX	D	0.01%	0.02%	0.01%
	AXL	F	0.01%	0.0%	0.0%
	AZZ	D	0.01%	0.01%	0.01%
	B	D	0.01%	0.01%	0.01%
	BANC	B	0.02%	0.01%	0.01%
	BANF	B	0.01%	0.01%	0.01%
	BANR	B	0.02%	0.01%	0.01%
	BCC	C	0.02%	0.03%	0.02%
	BCO	B	0.01%	0.03%	0.01%
	BCPC	C	0.01%	0.03%	0.01%
	BDC	B	0.01%	0.02%	0.01%
	BDN	B	0.01%	0.01%	0.01%
	BFS	B	0.01%	0.0%	0.0%
	BGC	B	0.01%	0.02%	0.01%
	BGS	D	0.01%	0.0%	0.0%
	BHE	D	0.02%	0.01%	0.01%
	BHLB	B	0.01%	0.01%	0.01%
	BJRI	D	0.0%	0.0%	0.0%
	BKE	B	0.01%	0.01%	0.01%
	BKH	B	0.04%	0.03%	0.03%
	BKU	C	0.03%	0.02%	0.02%
	BLKB	C	0.0%	0.02%	0.0%
	BLMN	F	0.01%	0.01%	0.01%
	BMI	A	0.0%	0.04%	0.0%
	BOH	D	0.01%	0.01%	0.01%
	BOOT	A	0.01%	0.03%	0.01%
	BOX	C	0.0%	0.03%	0.0%
	BRKL	C	0.01%	0.01%	0.01%
	BSIG	B	0.0%	0.0%	0.0%
	BTU	D	0.02%	0.02%	0.02%
	BXMT	C	0.03%	0.02%	0.02%
	CABO	F	0.01%	0.01%	0.01%
	CADE	C	0.02%	0.03%	0.02%
	CAKE	D	0.01%	0.01%	0.01%
	CAL	F	0.01%	0.01%	0.01%
	CALM	A	0.03%	0.02%	0.02%
	CALX	D	0.0%	0.01%	0.0%
	CARG	B	0.01%	0.01%	0.01%
	CARS	D	0.0%	0.01%	0.0%
	CASH	B	0.01%	0.01%	0.01%
	CATY	C	0.03%	0.02%	0.02%
	CBRL	D	0.01%	0.0%	0.0%
	CBT	B	0.02%	0.03%	0.02%
	CBU	C	0.01%	0.02%	0.01%
	CCOI	C	0.01%	0.02%	0.01%
	CCRN	F	0.0%	0.0%	0.0%
	CCS	B	0.01%	0.02%	0.01%
	CEIX	D	0.02%	0.02%	0.02%
	CENT	F	0.0%	0.0%	0.0%
	CENTA	F	0.01%	0.01%	0.01%
	CENX	D	0.0%	0.0%	0.0%
	CEVA	C	0.0%	0.0%	0.0%
	CFFN	D	0.01%	0.0%	0.0%
	CHCO	B	0.01%	0.01%	0.01%
	CHCT	F	0.0%	0.0%	0.0%
	CHEF	D	0.01%	0.01%	0.01%
	CHUY	C	0.0%	0.0%	0.0%
	CHX	F	0.01%	0.03%	0.01%
	CLB	D	0.0%	0.0%	0.0%
	CLW	F	0.0%	0.0%	0.0%
	CMC	D	0.03%	0.03%	0.03%
	CMP	D	0.0%	0.0%	0.0%
	CNK	C	0.03%	0.02%	0.02%
	CNMD	D	0.0%	0.01%	0.0%
	CNO	B	0.03%	0.02%	0.02%
	CNSL	B	0.0%	0.0%	0.0%
	CNX	B	0.04%	0.02%	0.02%
	CNXN	B	0.01%	0.0%	0.0%
	COHU	F	0.0%	0.01%	0.0%
	COLL	C	0.0%	0.01%	0.0%
	COOP	C	0.05%	0.03%	0.03%
	CORT	C	0.01%	0.02%	0.01%
	CPF	B	0.01%	0.0%	0.0%
	CPK	B	0.01%	0.02%	0.01%
	CPRX	B	0.0%	0.01%	0.0%
	CRC	C	0.02%	0.02%	0.02%
	CRK	D	0.01%	0.01%	0.01%
	CRS	B	0.02%	0.04%	0.02%
	CRSR	F	0.0%	0.0%	0.0%
	CRVL	B	0.0%	0.02%	0.0%
	CSGS	C	0.0%	0.01%	0.0%
	CSR	B	0.01%	0.01%	0.01%
	CTRE	C	0.01%	0.03%	0.01%
	CTS	D	0.0%	0.01%	0.0%
	CUBI	F	0.01%	0.01%	0.01%
	CVBF	D	0.01%	0.01%	0.01%
	CVCO	A	0.01%	0.02%	0.01%
	CVGW	C	0.0%	0.0%	0.0%
	CVI	F	0.01%	0.0%	0.0%
	CVLT	B	0.01%	0.04%	0.01%
	CWK	B	0.02%	0.02%	0.02%
	CWT	C	0.01%	0.02%	0.01%
	CXW	F	0.01%	0.01%	0.01%
	CYTK	F	0.0%	0.04%	0.0%
	DAN	F	0.01%	0.01%	0.01%
	DBI	F	0.0%	0.0%	0.0%
	DCOM	B	0.01%	0.01%	0.01%
	DDD	F	0.0%	0.0%	0.0%
	DEA	B	0.01%	0.01%	0.01%
	DEI	B	0.03%	0.02%	0.02%
	DFIN	B	0.0%	0.01%	0.0%
	DGII	D	0.0%	0.01%	0.0%
	DIN	F	0.0%	0.0%	0.0%
	DIOD	F	0.01%	0.02%	0.01%
	DLX	F	0.01%	0.01%	0.01%
	DNOW	D	0.01%	0.01%	0.01%
	DORM	B	0.01%	0.02%	0.01%
	DRH	C	0.01%	0.01%	0.01%
	DVAX	D	0.0%	0.01%	0.0%
	DXPE	D	0.0%	0.0%	0.0%
	DY	B	0.01%	0.03%	0.01%
	EAT	A	0.01%	0.02%	0.01%
	ECPG	D	0.01%	0.01%	0.01%
	EFC	B	0.01%	0.01%	0.01%
	EGBN	C	0.01%	0.0%	0.0%
	EIG	C	0.01%	0.01%	0.01%
	EMBC	C	0.0%	0.01%	0.0%
	ENR	D	0.01%	0.01%	0.01%
	ENS	D	0.01%	0.02%	0.01%
	ENSG	B	0.01%	0.05%	0.01%
	ENV	C	0.0%	0.02%	0.0%
	ENVA	C	0.02%	0.01%	0.01%
	EPAC	B	0.0%	0.01%	0.0%
	EPC	F	0.01%	0.01%	0.01%
	EPRT	B	0.01%	0.03%	0.01%
	ESE	B	0.01%	0.02%	0.01%
	ESNT	B	0.02%	0.04%	0.02%
	ETH	D	0.0%	0.0%	0.0%
	EVTC	D	0.0%	0.01%	0.0%
	EXLS	B	0.01%	0.03%	0.01%
	EXPI	C	0.01%	0.01%	0.01%
	EXPO	B	0.0%	0.03%	0.0%
	EXTR	C	0.0%	0.01%	0.0%
	EYE	F	0.0%	0.0%	0.0%
	FBK	B	0.01%	0.01%	0.01%
	FBNC	B	0.01%	0.01%	0.01%
	FBP	C	0.01%	0.02%	0.01%
	FCF	C	0.01%	0.01%	0.01%
	FCPT	C	0.01%	0.02%	0.01%
	FDP	C	0.01%	0.01%	0.01%
	FELE	C	0.01%	0.03%	0.01%
	FFBC	D	0.02%	0.01%	0.01%
	FFIN	B	0.01%	0.03%	0.01%
	FIZZ	D	0.01%	0.01%	0.01%
	FL	D	0.02%	0.01%	0.01%
	FLGT	D	0.0%	0.0%	0.0%
	FLR	D	0.03%	0.05%	0.03%
	FN	D	0.01%	0.05%	0.01%
	FORM	F	0.01%	0.02%	0.01%
	FOXF	D	0.0%	0.01%	0.0%
	FSS	D	0.01%	0.03%	0.01%
	FTDR	B	0.01%	0.02%	0.01%
	FUL	C	0.01%	0.03%	0.01%
	FULT	D	0.02%	0.02%	0.02%
	FWRD	C	0.01%	0.01%	0.01%
	GATX	D	0.01%	0.03%	0.01%
	GBCI	B	0.02%	0.03%	0.02%
	GBX	C	0.02%	0.01%	0.01%
	GDEN	D	0.0%	0.0%	0.0%
	GDOT	C	0.01%	0.0%	0.0%
	GEF	D	0.02%	0.01%	0.01%
	GEF	D	0.02%	0.0%	0.0%
	GEO	F	0.02%	0.01%	0.01%
	GFF	D	0.01%	0.02%	0.01%
	GHC	B	0.03%	0.02%	0.02%
	GIII	C	0.01%	0.01%	0.01%
	GKOS	C	0.0%	0.04%	0.0%
	GMS	D	0.01%	0.02%	0.01%
	GNL	C	0.02%	0.01%	0.01%
	GNW	B	0.03%	0.02%	0.02%
	GOGO	F	0.0%	0.0%	0.0%
	GPI	B	0.04%	0.03%	0.03%
	GPRE	F	0.0%	0.0%	0.0%
	GRBK	B	0.01%	0.01%	0.01%
	GT	F	0.02%	0.01%	0.01%
	GTLS	F	0.01%	0.03%	0.01%
	GTY	B	0.01%	0.01%	0.01%
	GVA	B	0.01%	0.02%	0.01%
	HAE	F	0.01%	0.02%	0.01%
	HAFC	C	0.0%	0.0%	0.0%
	HAIN	D	0.01%	0.0%	0.0%
	HALO	C	0.01%	0.05%	0.01%
	HASI	C	0.01%	0.02%	0.01%
	HAYN	D	0.0%	0.0%	0.0%
	HBI	B	0.02%	0.01%	0.01%
	HCC	F	0.03%	0.02%	0.02%
	HCI	C	0.0%	0.0%	0.0%
	HCSG	C	0.01%	0.0%	0.0%
	HELE	D	0.0%	0.01%	0.0%
	HFWA	C	0.0%	0.0%	0.0%
	HGV	F	0.01%	0.02%	0.01%
	HI	F	0.01%	0.01%	0.01%
	HLIT	C	0.0%	0.01%	0.0%
	HLX	F	0.01%	0.01%	0.01%
	HMN	D	0.01%	0.01%	0.01%
	HNI	C	0.01%	0.01%	0.01%
	HOMB	B	0.02%	0.03%	0.02%
	HOPE	B	0.01%	0.01%	0.01%
	HP	F	0.03%	0.02%	0.02%
	HPP	D	0.01%	0.0%	0.0%
	HQY	C	0.01%	0.04%	0.01%
	HRMY	B	0.0%	0.01%	0.0%
	HSII	C	0.0%	0.0%	0.0%
	HTH	C	0.01%	0.01%	0.01%
	HTLD	D	0.0%	0.0%	0.0%
	HTZ	F	0.0%	0.0%	0.0%
	HUBG	C	0.01%	0.02%	0.01%
	HVT	D	0.0%	0.0%	0.0%
	HWC	D	0.03%	0.03%	0.03%
	HWKN	C	0.01%	0.01%	0.01%
	HZO	C	0.0%	0.0%	0.0%
	IART	F	0.0%	0.01%	0.0%
	IBOC	D	0.02%	0.02%	0.02%
	IBP	D	0.01%	0.03%	0.01%
	IBTX	B	0.02%	0.01%	0.01%
	ICHR	F	0.0%	0.01%	0.0%
	ICUI	B	0.01%	0.02%	0.01%
	IDCC	C	0.01%	0.02%	0.01%
	IIIN	D	0.0%	0.0%	0.0%
	IIPR	B	0.02%	0.02%	0.02%
	INDB	C	0.01%	0.02%	0.01%
	INN	B	0.01%	0.0%	0.0%
	INVA	B	0.01%	0.01%	0.01%
	IOSP	D	0.01%	0.02%	0.01%
	IPAR	F	0.0%	0.01%	0.0%
	IRT	B	0.01%	0.03%	0.01%
	IRWD	F	0.0%	0.0%	0.0%
	ITGR	A	0.01%	0.03%	0.01%
	ITRI	C	0.01%	0.03%	0.01%
	JACK	F	0.0%	0.01%	0.0%
	JBGS	C	0.02%	0.01%	0.01%
	JBLU	D	0.02%	0.01%	0.01%
	JBSS	D	0.0%	0.0%	0.0%
	JBT	D	0.01%	0.02%	0.01%
	JJSF	C	0.01%	0.01%	0.01%
	JOE	C	0.0%	0.01%	0.0%
	JXN	A	0.05%	0.04%	0.04%
	KALU	F	0.01%	0.01%	0.01%
	KAR	D	0.02%	0.01%	0.01%
	KBH	A	0.02%	0.03%	0.02%
	KELYA	D	0.01%	0.0%	0.0%
	KFY	B	0.01%	0.02%	0.01%
	KLG	C	0.01%	0.01%	0.01%
	KLIC	F	0.01%	0.01%	0.01%
	KMT	B	0.01%	0.01%	0.01%
	KN	D	0.01%	0.01%	0.01%
	KNF	B	0.01%	0.03%	0.01%
	KOP	F	0.0%	0.0%	0.0%
	KREF	B	0.01%	0.0%	0.0%
	KRG	B	0.02%	0.03%	0.02%
	KTB	B	0.01%	0.02%	0.01%
	KW	C	0.01%	0.01%	0.01%
	KWR	D	0.01%	0.01%	0.01%
	LANC	D	0.01%	0.02%	0.01%
	LBRT	D	0.02%	0.02%	0.02%
	LCII	C	0.01%	0.02%	0.01%
	LESL	F	0.0%	0.0%	0.0%
	LGIH	C	0.01%	0.01%	0.01%
	LGND	C	0.01%	0.01%	0.01%
	LIVN	D	0.0%	0.02%	0.0%
	LKFN	C	0.0%	0.01%	0.0%
	LNN	D	0.0%	0.01%	0.0%
	LNTH	D	0.01%	0.04%	0.01%
	LPG	F	0.01%	0.01%	0.01%
	LQDT	B	0.0%	0.0%	0.0%
	LRN	B	0.01%	0.02%	0.01%
	LTC	C	0.01%	0.01%	0.01%
	LUMN	C	0.06%	0.03%	0.03%
	LXP	B	0.01%	0.02%	0.01%
	LZB	C	0.01%	0.01%	0.01%
	MAC	B	0.01%	0.02%	0.01%
	MATV	C	0.01%	0.01%	0.01%
	MATW	F	0.0%	0.0%	0.0%
	MATX	B	0.02%	0.03%	0.02%
	MC	B	0.01%	0.03%	0.01%
	MCRI	C	0.01%	0.01%	0.01%
	MCW	F	0.0%	0.0%	0.0%
	MCY	D	0.01%	0.01%	0.01%
	MD	C	0.01%	0.01%	0.01%
	MGEE	B	0.01%	0.02%	0.01%
	MGPI	D	0.0%	0.01%	0.0%
	MGY	C	0.01%	0.02%	0.01%
	MHO	B	0.02%	0.03%	0.02%
	MLI	B	0.03%	0.05%	0.03%
	MLKN	D	0.02%	0.01%	0.01%
	MMI	C	0.01%	0.01%	0.01%
	MMS	C	0.02%	0.03%	0.02%
	MMSI	B	0.01%	0.03%	0.01%
	MNRO	D	0.01%	0.0%	0.0%
	MODG	F	0.01%	0.01%	0.01%
	MOG.A	B	0.02%	0.03%	0.02%
	MOV	F	0.0%	0.0%	0.0%
	MRCY	D	0.01%	0.01%	0.01%
	MRTN	D	0.0%	0.01%	0.0%
	MSEX	C	0.0%	0.01%	0.0%
	MTH	A	0.02%	0.04%	0.02%
	MTRN	F	0.0%	0.01%	0.0%
	MTUS	F	0.0%	0.0%	0.0%
	MTX	F	0.01%	0.01%	0.01%
	MUR	F	0.04%	0.03%	0.03%
	MXL	F	0.0%	0.01%	0.0%
	MYE	D	0.0%	0.0%	0.0%
	MYGN	C	0.01%	0.01%	0.01%
	MYRG	F	0.01%	0.01%	0.01%
	NABL	D	0.0%	0.01%	0.0%
	NARI	F	0.0%	0.01%	0.0%
	NATL	D	0.02%	0.01%	0.01%
	NAVI	C	0.01%	0.01%	0.01%
	NBHC	D	0.01%	0.01%	0.01%
	NBR	F	0.01%	0.0%	0.0%
	NBTB	D	0.01%	0.01%	0.01%
	NEO	C	0.0%	0.01%	0.0%
	NEOG	D	0.0%	0.02%	0.0%
	NGVT	D	0.01%	0.01%	0.01%
	NHC	D	0.01%	0.01%	0.01%
	NJR	B	0.02%	0.03%	0.02%
	NMIH	B	0.01%	0.02%	0.01%
	NOG	D	0.03%	0.02%	0.02%
	NOVT	D	0.01%	0.04%	0.01%
	NPK	D	0.0%	0.0%	0.0%
	NPO	D	0.01%	0.02%	0.01%
	NSIT	D	0.02%	0.03%	0.02%
	NSP	F	0.01%	0.02%	0.01%
	NTCT	C	0.0%	0.01%	0.0%
	NUS	F	0.0%	0.0%	0.0%
	NVEE	F	0.0%	0.01%	0.0%
	NVRI	D	0.01%	0.0%	0.0%
	NWBI	C	0.02%	0.01%	0.01%
	NWE	B	0.02%	0.02%	0.02%
	NWN	C	0.01%	0.01%	0.01%
	NX	F	0.0%	0.01%	0.0%
	NXRT	C	0.0%	0.01%	0.0%
	ODP	F	0.01%	0.01%	0.01%
	OFG	C	0.01%	0.01%	0.01%
	OGS	B	0.04%	0.02%	0.02%
	OI	D	0.02%	0.01%	0.01%
	OII	D	0.01%	0.01%	0.01%
	OMCL	C	0.01%	0.01%	0.01%
	OMI	D	0.01%	0.01%	0.01%
	ONB	C	0.03%	0.04%	0.03%
	OPCH	C	0.01%	0.03%	0.01%
	ORA	C	0.01%	0.02%	0.01%
	OSIS	D	0.01%	0.01%	0.01%
	OTTR	F	0.01%	0.02%	0.01%
	OUT	C	0.01%	0.02%	0.01%
	OXM	F	0.0%	0.01%	0.0%
	PAHC	B	0.0%	0.0%	0.0%
	PARR	F	0.01%	0.01%	0.01%
	PATK	B	0.01%	0.02%	0.01%
	PBF	F	0.03%	0.02%	0.02%
	PBH	B	0.01%	0.02%	0.01%
	PBI	D	0.01%	0.01%	0.01%
	PCH	C	0.01%	0.02%	0.01%
	PCRX	F	0.0%	0.0%	0.0%
	PDCO	F	0.02%	0.01%	0.01%
	PEB	D	0.01%	0.01%	0.01%
	PECO	B	0.01%	0.03%	0.01%
	PFBC	D	0.0%	0.01%	0.0%
	PFS	B	0.02%	0.01%	0.01%
	PGNY	F	0.0%	0.01%	0.0%
	PHIN	B	0.01%	0.01%	0.01%
	PIPR	B	0.01%	0.03%	0.01%
	PJT	B	0.01%	0.02%	0.01%
	PLAB	F	0.01%	0.01%	0.01%
	PLAY	F	0.0%	0.01%	0.0%
	PLMR	C	0.0%	0.01%	0.0%
	PLUS	A	0.01%	0.01%	0.01%
	PLXS	A	0.01%	0.02%	0.01%
	PMT	C	0.01%	0.01%	0.01%
	PNM	B	0.02%	0.02%	0.02%
	POR	C	0.02%	0.03%	0.02%
	POWI	F	0.0%	0.02%	0.0%
	POWL	C	0.0%	0.01%	0.0%
	PPBI	D	0.01%	0.01%	0.01%
	PRA	C	0.0%	0.0%	0.0%
	PRAA	D	0.0%	0.0%	0.0%
	PRDO	D	0.0%	0.01%	0.0%
	PRFT	B	0.0%	0.02%	0.0%
	PRG	A	0.02%	0.01%	0.01%
	PRGS	C	0.0%	0.02%	0.0%
	PRK	C	0.01%	0.01%	0.01%
	PRLB	F	0.0%	0.0%	0.0%
	PRVA	F	0.0%	0.01%	0.0%
	PSMT	B	0.01%	0.01%	0.01%
	PTEN	F	0.01%	0.02%	0.01%
	PUMP	D	0.01%	0.0%	0.0%
	PZZA	D	0.0%	0.01%	0.0%
	QLYS	F	0.0%	0.03%	0.0%
	QNST	B	0.0%	0.01%	0.0%
	RAMP	F	0.0%	0.01%	0.0%
	RC	F	0.01%	0.01%	0.01%
	RCUS	C	0.0%	0.01%	0.0%
	RDN	C	0.03%	0.03%	0.03%
	RDNT	B	0.01%	0.03%	0.01%
	RES	D	0.01%	0.0%	0.0%
	REX	D	0.0%	0.0%	0.0%
	REZI	D	0.01%	0.02%	0.01%
	RGNX	F	0.0%	0.0%	0.0%
	RGR	D	0.0%	0.0%	0.0%
	RILY	F	0.0%	0.0%	0.0%
	RMBS	F	0.0%	0.03%	0.0%
	RNST	D	0.02%	0.01%	0.01%
	ROCK	D	0.0%	0.01%	0.0%
	ROG	F	0.0%	0.01%	0.0%
	ROIC	C	0.01%	0.01%	0.01%
	RUN	C	0.02%	0.03%	0.02%
	RUSHA	C	0.02%	0.02%	0.02%
	RWT	B	0.01%	0.01%	0.01%
	RXO	D	0.01%	0.02%	0.01%
	SABR	D	0.01%	0.01%	0.01%
	SAFT	D	0.01%	0.01%	0.01%
	SAH	D	0.01%	0.0%	0.0%
	SANM	D	0.03%	0.02%	0.02%
	SATS	C	0.03%	0.02%	0.02%
	SBCF	C	0.01%	0.01%	0.01%
	SBH	B	0.01%	0.01%	0.01%
	SBRA	C	0.02%	0.03%	0.02%
	SBSI	B	0.01%	0.01%	0.01%
	SCHL	D	0.01%	0.0%	0.0%
	SCL	F	0.01%	0.01%	0.01%
	SCSC	D	0.01%	0.01%	0.01%
	SCVL	B	0.01%	0.0%	0.0%
	SEM	D	0.02%	0.02%	0.02%
	SFBS	B	0.01%	0.02%	0.01%
	SFM	B	0.02%	0.06%	0.02%
	SFNC	B	0.02%	0.02%	0.02%
	SGH	F	0.0%	0.01%	0.0%
	SHAK	C	0.0%	0.02%	0.0%
	SHEN	F	0.0%	0.0%	0.0%
	SHO	C	0.01%	0.01%	0.01%
	SHOO	B	0.01%	0.02%	0.01%
	SIG	C	0.02%	0.02%	0.02%
	SIGI	D	0.02%	0.03%	0.02%
	SITM	B	0.0%	0.02%	0.0%
	SJW	C	0.0%	0.01%	0.0%
	SKT	B	0.01%	0.02%	0.01%
	SKYW	C	0.02%	0.02%	0.02%
	SLAB	D	0.0%	0.02%	0.0%
	SLG	C	0.02%	0.03%	0.02%
	SLVM	B	0.01%	0.02%	0.01%
	SM	F	0.02%	0.03%	0.02%
	SMP	C	0.0%	0.0%	0.0%
	SMPL	D	0.01%	0.02%	0.01%
	SMTC	C	0.0%	0.02%	0.0%
	SNCY	D	0.0%	0.0%	0.0%
	SNEX	B	0.02%	0.01%	0.01%
	SONO	D	0.0%	0.01%	0.0%
	SPNT	C	0.01%	0.01%	0.01%
	SPSC	D	0.0%	0.04%	0.0%
	SPTN	C	0.01%	0.0%	0.0%
	SR	B	0.02%	0.02%	0.02%
	SRCL	A	0.01%	0.0%	0.0%
	SSB	B	0.02%	0.04%	0.02%
	SSTK	F	0.0%	0.01%	0.0%
	STAA	F	0.0%	0.01%	0.0%
	STBA	B	0.01%	0.01%	0.01%
	STC	B	0.01%	0.01%	0.01%
	STRA	F	0.01%	0.01%	0.01%
	SUPN	C	0.0%	0.01%	0.0%
	SVC	D	0.01%	0.0%	0.0%
	SWX	C	0.02%	0.03%	0.02%
	SXC	F	0.01%	0.0%	0.0%
	SXI	C	0.0%	0.01%	0.0%
	SXT	C	0.01%	0.02%	0.01%
	SYNA	F	0.01%	0.02%	0.01%
	TALO	D	0.01%	0.01%	0.01%
	TBBK	B	0.01%	0.01%	0.01%
	TCBI	B	0.02%	0.02%	0.02%
	TDS	C	0.02%	0.01%	0.01%
	TEX	F	0.01%	0.02%	0.01%
	TGI	F	0.0%	0.01%	0.0%
	TGNA	D	0.03%	0.02%	0.02%
	THRM	D	0.0%	0.01%	0.0%
	THRY	D	0.0%	0.0%	0.0%
	THS	C	0.01%	0.01%	0.01%
	TILE	B	0.0%	0.01%	0.0%
	TMHC	A	0.04%	0.04%	0.04%
	TMP	C	0.01%	0.0%	0.0%
	TNC	F	0.0%	0.01%	0.0%
	TNDM	C	0.0%	0.02%	0.0%
	TPH	C	0.02%	0.02%	0.02%
	TRMK	C	0.01%	0.01%	0.01%
	TRN	D	0.02%	0.02%	0.02%
	TRST	C	0.0%	0.0%	0.0%
	TRUP	C	0.0%	0.01%	0.0%
	TTGT	F	0.0%	0.0%	0.0%
	TTMI	D	0.01%	0.01%	0.01%
	TWI	D	0.01%	0.0%	0.0%
	UBSI	B	0.02%	0.03%	0.02%
	UCBI	B	0.01%	0.02%	0.01%
	UCTT	F	0.01%	0.01%	0.01%
	UE	B	0.01%	0.02%	0.01%
	UFCS	D	0.0%	0.0%	0.0%
	UFPI	C	0.02%	0.04%	0.02%
	UFPT	B	0.0%	0.01%	0.0%
	UHT	B	0.0%	0.0%	0.0%
	UMBF	B	0.02%	0.03%	0.02%
	UNF	C	0.01%	0.02%	0.01%
	UNFI	C	0.01%	0.01%	0.01%
	UNIT	C	0.01%	0.01%	0.01%
	URBN	F	0.02%	0.01%	0.01%
	USNA	F	0.0%	0.0%	0.0%
	USPH	F	0.0%	0.01%	0.0%
	UTL	C	0.0%	0.01%	0.0%
	UVV	D	0.01%	0.01%	0.01%
	VAL	F	0.01%	0.02%	0.01%
	VBTX	B	0.01%	0.01%	0.01%
	VC	F	0.01%	0.02%	0.01%
	VCEL	D	0.0%	0.01%	0.0%
	VECO	F	0.0%	0.01%	0.0%
	VGR	B	0.02%	0.01%	0.01%
	VIAV	D	0.0%	0.01%	0.0%
	VICR	D	0.0%	0.0%	0.0%
	VIR	F	0.01%	0.0%	0.0%
	VLY	C	0.03%	0.02%	0.02%
	VREX	F	0.0%	0.0%	0.0%
	VRRM	D	0.0%	0.03%	0.0%
	VRTS	F	0.0%	0.01%	0.0%
	VSAT	F	0.01%	0.01%	0.01%
	VSCO	C	0.02%	0.01%	0.01%
	VSH	F	0.01%	0.01%	0.01%
	VSTO	C	0.01%	0.01%	0.01%
	VTOL	D	0.0%	0.01%	0.0%
	VVI	D	0.0%	0.0%	0.0%
	WABC	D	0.0%	0.01%	0.0%
	WAFD	C	0.02%	0.01%	0.01%
	WD	B	0.01%	0.02%	0.01%
	WDFC	C	0.0%	0.02%	0.0%
	WERN	D	0.01%	0.01%	0.01%
	WGO	D	0.01%	0.01%	0.01%
	WNC	F	0.0%	0.01%	0.0%
	WOR	D	0.01%	0.01%	0.01%
	WRLD	D	0.01%	0.0%	0.0%
	WS	D	0.01%	0.01%	0.01%
	WSFS	D	0.01%	0.02%	0.01%
	WSR	D	0.0%	0.0%	0.0%
	WTS	C	0.01%	0.03%	0.01%
	WWW	B	0.01%	0.01%	0.01%
	XHR	B	0.01%	0.01%	0.01%
	XNCR	C	0.0%	0.01%	0.0%
	XPEL	D	0.0%	0.01%	0.0%
	XRX	D	0.01%	0.01%	0.01%
	YELP	F	0.01%	0.01%	0.01%
	ZD	D	0.01%	0.01%	0.01%
	ZEUS	F	0.0%	0.0%	0.0%

VLU Overweight 822 Positions Relative to HDG

	Symbol	Grade	Weight
	BRK.A	C	2.41%
	AAPL	C	2.37%
	XOM	C	1.97%
	AMZN	C	1.94%
	WMT	C	1.8%
	VZ	B	1.69%
	META	B	1.68%
	MSFT	C	1.54%
	T	C	1.41%
	BAC	D	1.38%
	JPM	D	1.35%
	CVX	D	1.26%
	UNH	C	1.22%
	GOOG	D	1.13%
	C	D	0.99%
	WFC	D	0.96%
	JNJ	C	0.89%
	PFE	C	0.87%
	GOOGL	D	0.69%
	CVS	D	0.66%
	CMCSA	D	0.61%
	PM	C	0.58%
	PG	C	0.53%
	MPC	F	0.52%
	HD	B	0.51%
	GS	C	0.51%
	TFC	C	0.5%
	MS	D	0.49%
	COF	B	0.48%
	GM	C	0.48%
	PSX	F	0.48%
	RTX	C	0.47%
	TSLA	C	0.47%
	ABBV	C	0.46%
	CSCO	C	0.46%
	IBM	B	0.45%
	KO	C	0.44%
	TMUS	C	0.42%
	ELV	C	0.42%
	AVGO	C	0.42%
	CI	C	0.41%
	MET	B	0.41%
	V	C	0.41%
	ORCL	C	0.41%
	VLO	F	0.4%
	COP	D	0.4%
	NEE	C	0.4%
	CB	B	0.39%
	PEP	C	0.39%
	PRU	C	0.38%
	F	F	0.38%
	MRK	D	0.38%
	UPS	D	0.37%
	PNC	B	0.37%
	KMI	B	0.37%
	MO	C	0.36%
	DUK	C	0.36%
	LMT	C	0.36%
	CNC	D	0.36%
	USB	B	0.36%
	MCK	F	0.35%
	MDT	C	0.35%
	KR	C	0.34%
	AXP	B	0.34%
	GILD	B	0.34%
	BMY	C	0.33%
	NVDA	D	0.32%
	ACN	C	0.32%
	SO	B	0.32%
	CHTR	D	0.3%
	COST	B	0.3%
	MMM	B	0.29%
	GE	B	0.28%
	AMGN	B	0.28%
	ADM	D	0.27%
	BK	B	0.27%
	INTC	F	0.27%
	D	C	0.26%
	FDX	C	0.26%
	HPQ	D	0.26%
	ABT	C	0.26%
	DAL	C	0.26%
	DIS	D	0.26%
	CAH	C	0.25%
	AIG	D	0.25%
	KHC	C	0.25%
	QCOM	D	0.24%
	LLY	C	0.24%
	TXN	C	0.24%
	UNP	C	0.24%
	DE	B	0.23%
	CRM	D	0.23%
	CAT	B	0.23%
	EOG	D	0.23%
	TGT	C	0.23%
	HCA	B	0.23%
	KVUE	C	0.23%
	LOW	B	0.23%
	LYB	D	0.22%
	MDLZ	B	0.22%
	AFL	C	0.22%
	LIN	B	0.21%
	SW	B	0.21%
	SCHW	D	0.21%
	EXC	C	0.21%
	HON	D	0.21%
	BLK	B	0.2%
	HPE	D	0.2%
	HUM	F	0.2%
	GD	B	0.2%
	ADBE	F	0.19%
	PGR	B	0.19%
	DD	B	0.18%
	TRV	C	0.18%
	OXY	F	0.18%
	AEP	C	0.18%
	NEM	B	0.18%
	TMO	B	0.18%
	DOW	D	0.18%
	PYPL	B	0.17%
	CFG	C	0.17%
	WBD	D	0.17%
	BBY	C	0.17%
	NFLX	B	0.17%
	SYF	C	0.17%
	TJX	B	0.17%
	SRE	C	0.17%
	CCL	C	0.16%
	TSN	C	0.16%
	REGN	C	0.16%
	PFG	B	0.16%
	PLD	C	0.16%
	MCD	B	0.16%
	AMT	C	0.16%
	WMB	B	0.16%
	ALL	B	0.16%
	NOC	B	0.16%
	JCI	B	0.15%
	MTB	B	0.15%
	BA	F	0.15%
	UAL	C	0.15%
	SBUX	C	0.15%
	LEN	B	0.15%
	IP	B	0.15%
	LUV	C	0.15%
	KEY	B	0.14%
	ACGL	C	0.14%
	PEG	C	0.14%
	XEL	B	0.14%
	APD	B	0.14%
	ETR	B	0.14%
	AMD	D	0.14%
	ED	C	0.14%
	ADI	C	0.14%
	O	C	0.13%
	VTRS	D	0.13%
	RGA	C	0.13%
	MMC	C	0.13%
	BG	D	0.13%
	KDP	B	0.13%
	L	C	0.13%
	MU	F	0.13%
	NKE	D	0.13%
	DFS	C	0.13%
	SPGI	B	0.13%
	STT	B	0.13%
	SLB	F	0.13%
	DVN	F	0.13%
	DHI	B	0.13%
	EMR	D	0.13%
	MA	B	0.13%
	DHR	B	0.13%
	HIG	B	0.13%
	NUE	F	0.12%
	ICE	C	0.12%
	CCI	C	0.12%
	CMI	C	0.12%
	OKE	B	0.12%
	AMAT	D	0.12%
	NSC	C	0.12%
	BX	B	0.12%
	GIS	B	0.12%
	WELL	C	0.12%
	PCG	C	0.12%
	SYY	D	0.12%
	CSX	D	0.11%
	RF	B	0.11%
	FIS	B	0.11%
	EIX	C	0.11%
	HBAN	B	0.11%
	CL	D	0.11%
	PCAR	D	0.11%
	BSX	B	0.11%
	KMB	D	0.11%
	ETN	C	0.11%
	FITB	B	0.11%
	CTSH	C	0.11%
	VRTX	D	0.11%
	LHX	C	0.1%
	GLW	C	0.1%
	WM	D	0.1%
	EBAY	B	0.1%
	BKR	C	0.1%
	WEC	C	0.1%
	TEL	D	0.1%
	ISRG	B	0.1%
	AMP	A	0.1%
	FANG	D	0.1%
	DTE	C	0.1%
	PFGC	B	0.1%
	EQT	D	0.1%
	VICI	C	0.1%
	BKNG	C	0.1%
	CME	C	0.1%
	UBER	C	0.09%
	FOXA	B	0.09%
	ADP	B	0.09%
	CARR	B	0.09%
	VTR	C	0.09%
	PH	B	0.09%
	EG	C	0.09%
	AEE	C	0.09%
	CTVA	B	0.09%
	OVV	F	0.09%
	EQR	B	0.09%
	UNM	B	0.09%
	BDX	D	0.09%
	SYK	C	0.09%
	TAP	D	0.09%
	ITW	C	0.09%
	RSG	D	0.09%
	BIIB	F	0.09%
	ES	C	0.09%
	PPL	C	0.09%
	EQIX	C	0.08%
	TT	B	0.08%
	NXPI	F	0.08%
	PSA	B	0.08%
	AVB	B	0.08%
	MOS	F	0.08%
	LRCX	F	0.08%
	AFG	B	0.08%
	DVA	B	0.08%
	MRO	D	0.08%
	CAG	C	0.08%
	ALLY	F	0.08%
	CBRE	A	0.08%
	FNF	B	0.08%
	SNX	D	0.08%
	FCX	D	0.08%
	MAR	C	0.08%
	HRL	C	0.08%
	K	B	0.08%
	EQH	C	0.07%
	WTW	C	0.07%
	PANW	D	0.07%
	PPG	D	0.07%
	VST	C	0.07%
	BAX	C	0.07%
	URI	B	0.07%
	HSY	C	0.07%
	ROST	C	0.07%
	BWA	D	0.07%
	NDAQ	A	0.07%
	STLD	F	0.07%
	ATO	B	0.07%
	PHM	B	0.07%
	CINF	C	0.07%
	CMA	B	0.07%
	LAD	D	0.07%
	AON	B	0.07%
	TROW	D	0.07%
	NVR	B	0.07%
	CNP	C	0.07%
	WY	C	0.07%
	USFD	B	0.07%
	NTRS	A	0.07%
	AZO	D	0.07%
	X	F	0.07%
	TRGP	B	0.07%
	EVRG	B	0.07%
	HAL	F	0.07%
	CHK	D	0.07%
	ORLY	C	0.07%
	FE	C	0.07%
	CHRD	F	0.07%
	MHK	C	0.07%
	DGX	B	0.06%
	IQV	C	0.06%
	UHS	B	0.06%
	VFC	C	0.06%
	CTRA	F	0.06%
	HES	F	0.06%
	GPC	D	0.06%
	KLAC	D	0.06%
	ABNB	D	0.06%
	STWD	A	0.06%
	LVS	D	0.06%
	GRMN	D	0.06%
	NOW	B	0.06%
	AJG	D	0.06%
	APH	D	0.06%
	WBA	F	0.06%
	ARE	C	0.06%
	PAYX	C	0.06%
	CF	C	0.06%
	BXP	B	0.06%
	ARW	C	0.06%
	NI	B	0.06%
	SPG	B	0.06%
	CHRW	B	0.06%
	IFF	B	0.06%
	INTU	C	0.06%
	CMS	C	0.06%
	SWK	B	0.06%
	ZION	D	0.06%
	SWN	D	0.06%
	AMCR	B	0.06%
	AAL	D	0.06%
	APTV	D	0.06%
	DINO	F	0.06%
	GPN	D	0.06%
	AWK	B	0.06%
	IVZ	B	0.06%
	THC	A	0.06%
	SHW	B	0.06%
	RCL	B	0.06%
	OMC	B	0.06%
	GLPI	C	0.05%
	UGI	C	0.05%
	COLB	B	0.05%
	IRM	C	0.05%
	PARA	F	0.05%
	EA	D	0.05%
	FHN	D	0.05%
	BALL	C	0.05%
	MKC	C	0.05%
	WDC	D	0.05%
	ESS	B	0.05%
	OGN	D	0.05%
	LDOS	B	0.05%
	RS	D	0.05%
	ECL	B	0.05%
	ALK	C	0.05%
	INVH	C	0.05%
	MOH	D	0.05%
	JLL	B	0.05%
	EMN	B	0.05%
	ORI	B	0.05%
	MGM	F	0.05%
	SWKS	D	0.05%
	ON	D	0.05%
	WHR	D	0.05%
	KMX	D	0.05%
	ZBH	F	0.05%
	RJF	C	0.05%
	GWW	B	0.05%
	NRG	C	0.05%
	EXR	B	0.05%
	ZTS	C	0.05%
	SJM	C	0.05%
	TOL	B	0.05%
	JEF	B	0.05%
	BLDR	C	0.05%
	MCHP	F	0.05%
	AES	C	0.05%
	CPB	C	0.05%
	ARMK	B	0.05%
	VNO	C	0.05%
	WRB	C	0.05%
	DOC	C	0.05%
	PNW	C	0.05%
	LEA	F	0.05%
	BEN	F	0.05%
	RNR	C	0.05%
	ROP	C	0.05%
	MNST	D	0.05%
	WPC	C	0.05%
	STZ	D	0.05%
	DG	F	0.05%
	R	A	0.05%
	PWR	B	0.04%
	BRO	C	0.04%
	HWM	B	0.04%
	UTHR	C	0.04%
	FAF	B	0.04%
	CEG	C	0.04%
	CCK	A	0.04%
	LKQ	F	0.04%
	TKO	B	0.04%
	FAST	C	0.04%
	WCC	D	0.04%
	A	C	0.04%
	KIM	C	0.04%
	M	F	0.04%
	DKS	D	0.04%
	FTNT	C	0.04%
	MPW	C	0.04%
	TSCO	C	0.04%
	WU	F	0.04%
	CPAY	B	0.04%
	CDW	D	0.04%
	KRC	C	0.04%
	DLR	B	0.04%
	J	C	0.04%
	EXPE	C	0.04%
	NTAP	D	0.04%
	EW	F	0.04%
	ROK	D	0.04%
	EXPD	C	0.04%
	AN	D	0.04%
	AR	F	0.04%
	OHI	B	0.04%
	MUSA	D	0.04%
	OZK	D	0.04%
	TXT	D	0.04%
	AIZ	B	0.04%
	IPG	C	0.04%
	BERY	B	0.04%
	CPT	B	0.04%
	WLK	D	0.04%
	ALB	D	0.04%
	VOYA	B	0.04%
	HST	C	0.04%
	REG	C	0.04%
	WAB	A	0.04%
	CE	F	0.04%
	AL	D	0.04%
	GAP	F	0.04%
	CTAS	B	0.04%
	AVT	C	0.04%
	FYBR	C	0.04%
	DLTR	F	0.04%
	MSI	B	0.04%
	CMG	C	0.04%
	PKG	B	0.04%
	JHG	B	0.04%
	LNT	B	0.04%
	SNPS	F	0.04%
	EL	F	0.04%
	MCO	B	0.04%
	OC	D	0.04%
	FOX	B	0.04%
	STX	C	0.04%
	EWBC	D	0.04%
	CIVI	F	0.04%
	JBL	D	0.04%
	MAA	B	0.04%
	DRI	B	0.04%
	IBKR	B	0.04%
	APA	F	0.04%
	LNC	D	0.04%
	ANSS	D	0.03%
	STE	C	0.03%
	CR	C	0.03%
	ALGN	D	0.03%
	CSL	B	0.03%
	HOLX	C	0.03%
	CLH	A	0.03%
	FNB	C	0.03%
	ILMN	C	0.03%
	BIO	C	0.03%
	PK	D	0.03%
	CUZ	B	0.03%
	PAG	D	0.03%
	PENN	D	0.03%
	CUBE	C	0.03%
	MTZ	B	0.03%
	RMD	C	0.03%
	NCLH	C	0.03%
	MTG	B	0.03%
	XYL	D	0.03%
	HUBB	B	0.03%
	GDDY	C	0.03%
	TDG	B	0.03%
	CSGP	D	0.03%
	KD	D	0.03%
	CZR	C	0.03%
	RL	C	0.03%
	LAMR	B	0.03%
	RRC	D	0.03%
	HRB	C	0.03%
	HOG	C	0.03%
	BRX	B	0.03%
	LULU	D	0.03%
	MAS	B	0.03%
	NXST	D	0.03%
	SON	C	0.03%
	ODFL	D	0.03%
	XPO	D	0.03%
	PB	B	0.03%
	BURL	B	0.03%
	THO	D	0.03%
	VMC	D	0.03%
	GEHC	C	0.03%
	CNXC	F	0.03%
	SF	A	0.03%
	ULTA	D	0.03%
	AMKR	F	0.03%
	JNPR	B	0.03%
	AMH	C	0.03%
	NFG	B	0.03%
	SKX	D	0.03%
	MDU	C	0.03%
	NNN	C	0.03%
	HSIC	C	0.03%
	MLM	D	0.03%
	WTRG	D	0.03%
	NWSA	D	0.03%
	AGCO	D	0.03%
	HAS	B	0.03%
	ACM	B	0.03%
	NWL	C	0.03%
	GPK	B	0.03%
	CHD	D	0.03%
	POST	C	0.03%
	MRNA	F	0.03%
	OGE	C	0.03%
	HII	D	0.03%
	IT	B	0.03%
	FMC	C	0.03%
	JBHT	D	0.03%
	MAN	C	0.03%
	AKAM	D	0.03%
	TDY	B	0.03%
	AA	D	0.03%
	SNA	C	0.03%
	BJ	D	0.03%
	ADSK	C	0.03%
	LYV	B	0.03%
	CBOE	C	0.03%
	CPRT	D	0.03%
	TPR	C	0.03%
	WBS	D	0.03%
	UDR	C	0.03%
	CLX	C	0.03%
	FTV	C	0.03%
	WSO	C	0.03%
	FSLR	C	0.03%
	CASY	D	0.03%
	CACI	B	0.03%
	YUM	D	0.03%
	KNX	C	0.03%
	AME	C	0.03%
	SNV	C	0.03%
	HIW	B	0.03%
	KEYS	C	0.03%
	GL	C	0.03%
	DOV	B	0.03%
	INGR	B	0.03%
	DXC	C	0.03%
	OTIS	C	0.03%
	AXTA	B	0.02%
	SLM	D	0.02%
	LEG	D	0.02%
	RGLD	C	0.02%
	MIDD	D	0.02%
	ASH	D	0.02%
	MTCH	C	0.02%
	COLM	C	0.02%
	VVV	D	0.02%
	CRUS	D	0.02%
	PPC	D	0.02%
	FRT	C	0.02%
	MTN	D	0.02%
	STAG	C	0.02%
	ALLE	B	0.02%
	EXEL	C	0.02%
	TTEK	C	0.02%
	NVT	D	0.02%
	BYD	C	0.02%
	RRX	C	0.02%
	AOS	D	0.02%
	TKR	D	0.02%
	MSM	D	0.02%
	FR	B	0.02%
	CPRI	D	0.02%
	BLD	D	0.02%
	CROX	D	0.02%
	AGO	C	0.02%
	WYNN	D	0.02%
	ST	D	0.02%
	IDA	C	0.02%
	NDSN	C	0.02%
	WWD	D	0.02%
	FLO	C	0.02%
	COTY	F	0.02%
	VLTO	C	0.02%
	VSTS	D	0.02%
	CIEN	C	0.02%
	GXO	D	0.02%
	REXR	C	0.02%
	PTC	D	0.02%
	GNRC	D	0.02%
	LII	B	0.02%
	TTWO	C	0.02%
	PRI	B	0.02%
	EVR	A	0.02%
	WAT	C	0.02%
	ELS	C	0.02%
	BBWI	F	0.02%
	ATI	D	0.02%
	GME	F	0.02%
	BC	C	0.02%
	HLT	B	0.02%
	TFX	C	0.02%
	PVH	F	0.02%
	FHB	D	0.02%
	TER	D	0.02%
	CW	B	0.02%
	TRMB	C	0.02%
	WFRD	F	0.02%
	RHI	D	0.02%
	KSS	F	0.02%
	AM	C	0.02%
	TYL	C	0.02%
	CG	D	0.02%
	CBSH	C	0.02%
	PRGO	D	0.02%
	PNR	B	0.02%
	OLN	D	0.02%
	EHC	C	0.02%
	SBAC	C	0.02%
	DECK	C	0.02%
	THG	B	0.02%
	RPM	B	0.02%
	KEX	C	0.02%
	IR	C	0.02%
	ERIE	B	0.02%
	SAIC	C	0.02%
	G	C	0.02%
	H	C	0.02%
	SLGN	B	0.02%
	EFX	B	0.02%
	MTD	D	0.02%
	OSK	F	0.02%
	CWEN	C	0.02%
	JWN	C	0.02%
	FFIV	B	0.02%
	ZBRA	B	0.02%
	DTM	B	0.02%
	DAR	F	0.02%
	AAP	F	0.02%
	INCY	C	0.02%
	PII	D	0.02%
	JAZZ	D	0.02%
	WTFC	C	0.02%
	COKE	C	0.02%
	PR	F	0.02%
	ADC	C	0.02%
	AMG	C	0.02%
	BR	D	0.02%
	COHR	C	0.02%
	QRVO	F	0.02%
	LNW	B	0.02%
	VRSN	D	0.02%
	CLF	F	0.02%
	ALV	F	0.02%
	AVY	C	0.02%
	PNFP	B	0.02%
	MTDR	F	0.02%
	SCI	B	0.02%
	IDXX	C	0.02%
	CDNS	D	0.02%
	CFR	C	0.02%
	NOV	F	0.02%
	BHF	F	0.02%
	EME	B	0.02%
	WSM	D	0.02%
	GO	F	0.01%
	ESAB	C	0.01%
	FIVE	D	0.01%
	MSGS	B	0.01%
	GES	F	0.01%
	EZPW	D	0.01%
	BRKR	D	0.01%
	MSA	D	0.01%
	CHH	C	0.01%
	SOLV	C	0.01%
	CHE	C	0.01%
	TDC	F	0.01%
	PAYC	D	0.01%
	WST	D	0.01%
	RCM	C	0.01%
	PCTY	C	0.01%
	AWI	B	0.01%
	RGEN	D	0.01%
	MASI	F	0.01%
	TPX	C	0.01%
	EXP	B	0.01%
	CGNX	F	0.01%
	BRBR	C	0.01%
	HXL	F	0.01%
	OLED	C	0.01%
	MORN	C	0.01%
	MEDP	F	0.01%
	TREX	D	0.01%
	ONTO	D	0.01%
	AMED	C	0.01%
	VNT	F	0.01%
	DAY	D	0.01%
	IPGP	F	0.01%
	MTSI	D	0.01%
	WEN	C	0.01%
	DOCS	B	0.01%
	BWXT	D	0.01%
	CWEN	C	0.01%
	ENOV	D	0.01%
	SSD	D	0.01%
	FND	C	0.01%
	NBIX	F	0.01%
	DT	C	0.01%
	NWS	D	0.01%
	DXCM	F	0.01%
	ETSY	F	0.01%
	PODD	B	0.01%
	MKSI	F	0.01%
	PINC	C	0.01%
	CRI	D	0.01%
	DLB	F	0.01%
	WMS	D	0.01%
	SAIA	D	0.01%
	CNM	F	0.01%
	LOPE	D	0.01%
	RLI	B	0.01%
	DPZ	F	0.01%
	WH	B	0.01%
	BRC	C	0.01%
	ROL	C	0.01%
	NYT	C	0.01%
	MAT	C	0.01%
	NEU	D	0.01%
	POOL	C	0.01%
	SHC	C	0.01%
	RBC	C	0.01%
	FHI	A	0.01%
	MKTX	C	0.01%
	RH	B	0.01%
	EGP	B	0.01%
	PSTG	F	0.01%
	RYN	C	0.01%
	LECO	F	0.01%
	SMG	C	0.01%
	LITE	B	0.01%
	NSA	B	0.01%
	OLLI	C	0.01%
	LW	D	0.01%
	XRAY	D	0.01%
	TTC	D	0.01%
	GGG	C	0.01%
	AXON	B	0.01%
	EPR	B	0.01%
	UA	D	0.01%
	VAC	F	0.01%
	AYI	B	0.01%
	LSTR	D	0.01%
	FCN	D	0.01%
	FIX	B	0.01%
	VRSK	D	0.01%
	HLI	B	0.01%
	UAA	C	0.01%
	IEX	D	0.01%
	FDS	C	0.01%
	NVST	D	0.01%
	GNTX	F	0.01%
	LFUS	C	0.01%
	VMI	D	0.01%
	DCI	C	0.01%
	ENPH	D	0.01%
	CRL	F	0.01%
	WEX	C	0.01%
	ATR	B	0.01%
	MSCI	C	0.01%
	SMCI	F	0.01%
	GMED	D	0.01%
	EPAM	F	0.01%
	CC	F	0.01%
	DBX	D	0.01%
	CHDN	C	0.01%
	FLS	D	0.01%
	MPWR	C	0.01%
	TNL	D	0.01%
	SEE	D	0.01%
	JKHY	B	0.01%
	TXRH	C	0.01%
	ACHC	C	0.01%
	ITT	B	0.01%
	KMPR	D	0.01%
	KBR	D	0.01%
	EEFT	D	0.01%
	FICO	B	0.01%
	CTLT	B	0.01%
	LPX	B	0.01%
	CAR	F	0.01%
	SEIC	C	0.01%
	WOLF	F	0.0%
	CERT	F	0.0%
	ELF	F	0.0%
	AAON	B	0.0%
	CELH	F	0.0%
	DV	F	0.0%
	PEN	D	0.0%
	SEDG	F	0.0%
	WING	B	0.0%
	YETI	D	0.0%
	IRDM	D	0.0%
	KNSL	C	0.0%
	LSCC	D	0.0%
	MERC	F	0.0%
	HAYW	C	0.0%
	MANH	B	0.0%
	CACC	F	0.0%
	PLNT	B	0.0%
	SAM	F	0.0%
	TRIP	F	0.0%
	FTRE	D	0.0%
	AZTA	F	0.0%
	ZI	D	0.0%
	MP	D	0.0%
	ALGM	F	0.0%
	TECH	C	0.0%
	TR	C	0.0%

VLU Underweight 1145 Positions Relative to HDG

	Symbol	Grade	Weight
	PCVX	C	-0.08%
	INSM	D	-0.07%
	RHP	C	-0.04%
	CWST	D	-0.04%
	RVMD	C	-0.04%
	TRNO	C	-0.04%
	ESGR	D	-0.03%
	PI	B	-0.03%
	AUR	C	-0.03%
	QTWO	A	-0.03%
	MARA	F	-0.03%
	SUM	D	-0.03%
	RNA	D	-0.03%
	TMDX	D	-0.03%
	TENB	F	-0.03%
	ZETA	C	-0.03%
	ZWS	A	-0.03%
	SKY	B	-0.03%
	ALTR	D	-0.03%
	KRYS	D	-0.03%
	BECN	D	-0.03%
	CSWI	B	-0.03%
	BPMC	F	-0.03%
	MOD	A	-0.03%
	VRNS	C	-0.03%
	HLNE	B	-0.03%
	PTCT	C	-0.02%
	AGIO	C	-0.02%
	MGRC	F	-0.02%
	GERN	D	-0.02%
	TWST	D	-0.02%
	BUR	D	-0.02%
	YOU	C	-0.02%
	DOCN	A	-0.02%
	PTGX	C	-0.02%
	DYN	D	-0.02%
	ROAD	B	-0.02%
	RRR	D	-0.02%
	SWTX	F	-0.02%
	CLDX	C	-0.02%
	UPST	C	-0.02%
	RYTM	B	-0.02%
	NUVL	C	-0.02%
	STEP	B	-0.02%
	PRIM	B	-0.02%
	SQSP	A	-0.02%
	BL	D	-0.02%
	PFSI	C	-0.02%
	HIMS	D	-0.02%
	ACVA	B	-0.02%
	GH	D	-0.02%
	RIG	F	-0.02%
	IDYA	F	-0.02%
	ICFI	B	-0.02%
	ATKR	F	-0.02%
	EBC	B	-0.02%
	MWA	B	-0.02%
	TNET	F	-0.02%
	GLNG	C	-0.02%
	CBZ	F	-0.02%
	STNG	D	-0.02%
	KTOS	C	-0.02%
	ACLX	B	-0.02%
	SGBX	F	-0.02%
	TGTX	C	-0.02%
	NPAB	D	-0.02%
	PRCT	C	-0.02%
	CWAN	B	-0.02%
	FOLD	D	-0.02%
	AXSM	C	-0.02%
	ALIT	D	-0.02%
	DNLI	C	-0.02%
	CRDO	D	-0.02%
	STNE	F	-0.02%
	TDW	F	-0.02%
	HL	C	-0.02%
	NHI	C	-0.02%
	BNL	B	-0.02%
	EVH	C	-0.02%
	AXNX	B	-0.02%
	STRL	B	-0.02%
	WHD	C	-0.02%
	WK	D	-0.02%
	KAI	C	-0.02%
	PRMW	B	-0.02%
	HRI	D	-0.02%
	ADMA	B	-0.02%
	CRNX	C	-0.02%
	BBIO	D	-0.02%
	OSCR	B	-0.02%
	MDGL	F	-0.02%
	DRVN	C	-0.01%
	BHRB	C	-0.01%
	ELVN	D	-0.01%
	BLX	C	-0.01%
	BXC	D	-0.01%
	BLFS	C	-0.01%
	USLM	B	-0.01%
	LGF.A	F	-0.01%
	PFC	C	-0.01%
	PCT	C	-0.01%
	PETQ	B	-0.01%
	DCO	A	-0.01%
	EOLS	C	-0.01%
	CGON	C	-0.01%
	ACMR	F	-0.01%
	CMCO	F	-0.01%
	BFC	B	-0.01%
	DFH	C	-0.01%
	FMBH	B	-0.01%
	RVLV	B	-0.01%
	MEG	F	-0.01%
	ERII	D	-0.01%
	IMAX	C	-0.01%
	GSAT	F	-0.01%
	PRTA	F	-0.01%
	CNOB	B	-0.01%
	HA	A	-0.01%
	LMND	D	-0.01%
	CDRE	C	-0.01%
	TVTX	B	-0.01%
	PGRE	C	-0.01%
	PDFS	F	-0.01%
	BBSI	B	-0.01%
	PLYM	D	-0.01%
	BZH	B	-0.01%
	OBK	D	-0.01%
	ATEN	C	-0.01%
	CWH	C	-0.01%
	OEC	F	-0.01%
	ASAN	F	-0.01%
	THR	D	-0.01%
	AUPH	C	-0.01%
	WTTR	D	-0.01%
	FBMS	B	-0.01%
	DNUT	D	-0.01%
	PNTG	B	-0.01%
	MRVI	C	-0.01%
	FA	B	-0.01%
	MRC	D	-0.01%
	OCFC	B	-0.01%
	VZIO	B	-0.01%
	COGT	C	-0.01%
	TPC	C	-0.01%
	AGL	F	-0.01%
	TRS	D	-0.01%
	WINA	D	-0.01%
	ANIP	D	-0.01%
	ARRY	F	-0.01%
	HOV	C	-0.01%
	WULF	D	-0.01%
	VITL	D	-0.01%
	PEBO	C	-0.01%
	IMKTA	D	-0.01%
	EVRI	C	-0.01%
	ACT	B	-0.01%
	TRNS	D	-0.01%
	CNNE	D	-0.01%
	COUR	D	-0.01%
	SRCE	D	-0.01%
	ARLO	F	-0.01%
	SILK	A	-0.01%
	ALHC	C	-0.01%
	AMRC	C	-0.01%
	AGX	B	-0.01%
	GABC	C	-0.01%
	WMK	C	-0.01%
	COMM	B	-0.01%
	CRAI	D	-0.01%
	SPNS	D	-0.01%
	LBPH	D	-0.01%
	SAVA	C	-0.01%
	ZUO	F	-0.01%
	MSGE	B	-0.01%
	SHLS	D	-0.01%
	ARQT	C	-0.01%
	UTZ	C	-0.01%
	LC	D	-0.01%
	SDGR	D	-0.01%
	UPWK	D	-0.01%
	KFRC	D	-0.01%
	VSEC	C	-0.01%
	JELD	D	-0.01%
	DOLE	A	-0.01%
	PDM	B	-0.01%
	TARS	C	-0.01%
	PHR	D	-0.01%
	DK	F	-0.01%
	QCRH	B	-0.01%
	JANX	C	-0.01%
	SFL	F	-0.01%
	EWTX	B	-0.01%
	NOVA	C	-0.01%
	PLUG	F	-0.01%
	WRBY	D	-0.01%
	LILAK	D	-0.01%
	SCS	D	-0.01%
	VRDN	C	-0.01%
	TDOC	D	-0.01%
	NIC	C	-0.01%
	BKD	D	-0.01%
	HE	F	-0.01%
	RCKT	D	-0.01%
	NTST	D	-0.01%
	UMH	C	-0.01%
	AIV	B	-0.01%
	HROW	B	-0.01%
	IESC	D	-0.01%
	SPT	F	-0.01%
	APPN	D	-0.01%
	OPEN	D	-0.01%
	RDFN	C	-0.01%
	ATRC	C	-0.01%
	TNK	F	-0.01%
	INFN	B	-0.01%
	FLNC	C	-0.01%
	NSSC	F	-0.01%
	JAMF	D	-0.01%
	ALKT	D	-0.01%
	OCUL	C	-0.01%
	HLIO	D	-0.01%
	TCBK	D	-0.01%
	AMRX	B	-0.01%
	ENVX	F	-0.01%
	RXRX	F	-0.01%
	INMD	D	-0.01%
	AESI	C	-0.01%
	LADR	C	-0.01%
	CODI	D	-0.01%
	TGLS	B	-0.01%
	ESRT	B	-0.01%
	PWSC	C	-0.01%
	REVG	D	-0.01%
	GOGL	D	-0.01%
	RLJ	D	-0.01%
	HEES	D	-0.01%
	BUSE	C	-0.01%
	SOUN	D	-0.01%
	AMC	F	-0.01%
	JBI	F	-0.01%
	ARDX	D	-0.01%
	TROX	F	-0.01%
	LTH	B	-0.01%
	SASR	B	-0.01%
	CRGY	D	-0.01%
	CDNA	C	-0.01%
	ASPN	D	-0.01%
	NRIX	C	-0.01%
	DHT	D	-0.01%
	KURA	D	-0.01%
	CMPR	F	-0.01%
	SKWD	C	-0.01%
	LOB	B	-0.01%
	VERA	C	-0.01%
	SYBT	A	-0.01%
	PRM	B	-0.01%
	PTON	C	-0.01%
	SNDX	F	-0.01%
	OSW	C	-0.01%
	BLBD	D	-0.01%
	PDFS	F	-0.01%
	NNI	B	-0.01%
	BCRX	C	-0.01%
	ARVN	F	-0.01%
	VRNT	F	-0.01%
	KROS	C	-0.01%
	MGNI	D	-0.01%
	MNKD	C	-0.01%
	MIRM	D	-0.01%
	KNTK	B	-0.01%
	XPRO	F	-0.01%
	NTB	C	-0.01%
	IMVT	D	-0.01%
	AGM	D	-0.01%
	INTA	A	-0.01%
	WSBC	D	-0.01%
	PAGS	F	-0.01%
	AKRO	C	-0.01%
	NVAX	D	-0.01%
	LMAT	C	-0.01%
	AI	F	-0.01%
	BRZE	F	-0.01%
	PAR	B	-0.01%
	KOS	F	-0.01%
	GOLF	D	-0.01%
	GPOR	D	-0.01%
	NVCR	D	-0.01%
	BEAM	F	-0.01%
	EFSC	C	-0.01%
	RXST	C	-0.01%
	GSHD	C	-0.01%
	HURN	C	-0.01%
	MIR	D	-0.01%
	ACAD	F	-0.01%
	VERX	D	-0.01%
	RIOT	F	-0.01%
	INSW	D	-0.01%
	NTLA	F	-0.01%
	AMBA	C	-0.01%
	LAUR	C	-0.01%
	SMMT	C	-0.01%
	NMRK	A	-0.01%
	KYMR	C	-0.01%
	IVT	B	-0.01%
	UEC	D	-0.01%
	CLSK	F	-0.01%
	VCTR	B	-0.01%
	DBRG	D	-0.01%
	FRME	D	-0.01%
	RPD	F	-0.01%
	BE	F	-0.01%
	CSTM	F	-0.01%
	JOBY	F	-0.01%
	FLYW	F	-0.01%
	EQC	C	-0.01%
	COMP	C	-0.01%
	CDE	C	-0.01%
	FIBK	B	-0.01%
	FRSH	F	-0.01%
	HTLF	B	-0.01%
	TOWN	B	-0.01%
	RKLB	C	-0.01%
	VCYT	B	-0.01%
	IRTC	F	-0.01%
	MQ	F	-0.01%
	SGRY	C	-0.01%
	IOVA	C	-0.01%
	CNS	B	-0.01%
	IGT	D	-0.01%
	QRTEB	F	-0.0%
	AMPX	F	-0.0%
	VGAS	D	-0.0%
	LYRA	F	-0.0%
	VALU	D	-0.0%
	AVTE	D	-0.0%
	SST	F	-0.0%
	ARL	D	-0.0%
	ELEV	F	-0.0%
	RENB	F	-0.0%
	TCI	F	-0.0%
	GOCO	F	-0.0%
	VRCA	F	-0.0%
	LLAP	F	-0.0%
	GMGI	D	-0.0%
	CIX	C	-0.0%
	METCB	F	-0.0%
	AIRS	D	-0.0%
	EVEX	D	-0.0%
	HLVX	F	-0.0%
	GALT	C	-0.0%
	NL	C	-0.0%
	RAPT	F	-0.0%
	PRPL	F	-0.0%
	ATNM	F	-0.0%
	SWKH	D	-0.0%
	ELYM	C	-0.0%
	CURV	F	-0.0%
	CLPR	C	-0.0%
	VHI	C	-0.0%
	TDUP	F	-0.0%
	EP	D	-0.0%
	VTSI	F	-0.0%
	OVID	D	-0.0%
	PRLD	F	-0.0%
	NRDY	F	-0.0%
	STKS	F	-0.0%
	RMBL	D	-0.0%
	HOWL	D	-0.0%
	STEM	F	-0.0%
	AKYA	D	-0.0%
	ZURA	C	-0.0%
	TLYS	F	-0.0%
	IPSC	F	-0.0%
	ALXO	F	-0.0%
	PNRG	A	-0.0%
	INMB	F	-0.0%
	MPX	D	-0.0%
	MAPS	F	-0.0%
	HQI	C	-0.0%
	LCUT	F	-0.0%
	KOD	F	-0.0%
	GLSI	D	-0.0%
	TTEC	F	-0.0%
	CPSS	C	-0.0%
	MASS	F	-0.0%
	REKR	F	-0.0%
	EVI	D	-0.0%
	DLHC	F	-0.0%
	NRGV	D	-0.0%
	QBTS	F	-0.0%
	TUSK	D	-0.0%
	AMTX	F	-0.0%
	PRCH	D	-0.0%
	CRDF	D	-0.0%
	QSI	D	-0.0%
	ULBI	D	-0.0%
	CSTE	F	-0.0%
	EEX	D	-0.0%
	BH	F	-0.0%
	SCWO	C	-0.0%
	RMNI	F	-0.0%
	RGLS	D	-0.0%
	NTIC	F	-0.0%
	LWAY	C	-0.0%
	NPCE	F	-0.0%
	EGAN	F	-0.0%
	PTSI	D	-0.0%
	KFS	D	-0.0%
	PBYI	F	-0.0%
	ABOS	F	-0.0%
	NC	F	-0.0%
	PRTH	C	-0.0%
	WALD	D	-0.0%
	QUIK	F	-0.0%
	SKIN	F	-0.0%
	MRAM	D	-0.0%
	CAPR	C	-0.0%
	SSP	F	-0.0%
	CVGI	F	-0.0%
	CVRX	D	-0.0%
	SMLR	F	-0.0%
	ACRV	D	-0.0%
	INNV	D	-0.0%
	COOK	C	-0.0%
	BLUE	F	-0.0%
	QIPT	F	-0.0%
	III	F	-0.0%
	RGTI	F	-0.0%
	NODK	D	-0.0%
	VERU	F	-0.0%
	JILL	F	-0.0%
	HBIO	F	-0.0%
	GRWG	F	-0.0%
	XFOR	F	-0.0%
	CRNC	F	-0.0%
	KLTR	D	-0.0%
	CTRN	D	-0.0%
	FREY	F	-0.0%
	ZYXI	F	-0.0%
	XBIT	C	-0.0%
	STXS	D	-0.0%
	GBIO	D	-0.0%
	EVC	D	-0.0%
	TNYA	F	-0.0%
	PEBK	D	-0.0%
	FENC	F	-0.0%
	SBT	F	-0.0%
	PGEN	F	-0.0%
	GEOS	D	-0.0%
	DIBS	D	-0.0%
	SSTI	F	-0.0%
	AOMR	F	-0.0%
	VRA	F	-0.0%
	TSQ	F	-0.0%
	OPRX	F	-0.0%
	CDZI	D	-0.0%
	PBFS	B	-0.0%
	INFU	F	-0.0%
	VTYX	F	-0.0%
	LCTX	F	-0.0%
	HFFG	D	-0.0%
	ACDC	F	-0.0%
	GPMT	D	-0.0%
	CADL	C	-0.0%
	JYNT	F	-0.0%
	BBCP	F	-0.0%
	TWIN	D	-0.0%
	QUAD	F	-0.0%
	CLAR	F	-0.0%
	POWW	F	-0.0%
	SES	F	-0.0%
	CDLX	F	-0.0%
	OBIO	F	-0.0%
	NREF	C	-0.0%
	CMT	C	-0.0%
	PLL	F	-0.0%
	TAYD	B	-0.0%
	SMTI	D	-0.0%
	MYPS	F	-0.0%
	PESI	C	-0.0%
	ESCA	D	-0.0%
	MDWD	D	-0.0%
	PAYS	D	-0.0%
	MFIN	D	-0.0%
	RELL	C	-0.0%
	MHLD	F	-0.0%
	RDW	D	-0.0%
	PEPG	F	-0.0%
	DXLG	F	-0.0%
	SKYH	C	-0.0%
	DC	D	-0.0%
	AEYE	D	-0.0%
	IBEX	B	-0.0%
	STRS	D	-0.0%
	SCPH	C	-0.0%
	QRHC	C	-0.0%
	FF	C	-0.0%
	USCB	C	-0.0%
	SMID	C	-0.0%
	ESSA	C	-0.0%
	CHRS	F	-0.0%
	ACHV	F	-0.0%
	STTK	F	-0.0%
	RSVR	D	-0.0%
	SAMG	B	-0.0%
	GWRS	B	-0.0%
	VIRC	D	-0.0%
	BELFA	A	-0.0%
	MBI	F	-0.0%
	HNRG	F	-0.0%
	FRGE	F	-0.0%
	LNZA	F	-0.0%
	EML	C	-0.0%
	MYFW	C	-0.0%
	AVD	F	-0.0%
	BSVN	C	-0.0%
	SCLX	F	-0.0%
	FFNW	B	-0.0%
	BBAI	D	-0.0%
	FSP	D	-0.0%
	PVBC	D	-0.0%
	GPRO	D	-0.0%
	ATLO	D	-0.0%
	ALTG	F	-0.0%
	DSP	D	-0.0%
	LUNR	C	-0.0%
	LAW	D	-0.0%
	NNBR	D	-0.0%
	RGCO	D	-0.0%
	MGTX	F	-0.0%
	TG	A	-0.0%
	CHMG	C	-0.0%
	RXT	C	-0.0%
	BTMD	D	-0.0%
	ONTF	F	-0.0%
	ISTR	B	-0.0%
	FLL	F	-0.0%
	DSGN	C	-0.0%
	CDXC	C	-0.0%
	JOUT	D	-0.0%
	HOFT	C	-0.0%
	NKSH	D	-0.0%
	EPM	C	-0.0%
	STHO	C	-0.0%
	NATR	F	-0.0%
	INO	F	-0.0%
	CRBU	F	-0.0%
	AFCG	D	-0.0%
	OFLX	D	-0.0%
	NVRO	F	-0.0%
	KRT	D	-0.0%
	CTGO	F	-0.0%
	ULCC	D	-0.0%
	ASLE	F	-0.0%
	TPIC	D	-0.0%
	SEVN	B	-0.0%
	CTOS	F	-0.0%
	BLNK	F	-0.0%
	GAMB	C	-0.0%
	ACTG	F	-0.0%
	TTSH	D	-0.0%
	ORN	F	-0.0%
	FSTR	D	-0.0%
	FET	F	-0.0%
	OVLY	D	-0.0%
	IGMS	C	-0.0%
	PYXS	D	-0.0%
	BRCC	F	-0.0%
	CTV	D	-0.0%
	ATLC	D	-0.0%
	BCBP	C	-0.0%
	VEL	B	-0.0%
	BLDE	D	-0.0%
	TLS	D	-0.0%
	SGC	F	-0.0%
	OB	D	-0.0%
	CABA	F	-0.0%
	VABK	B	-0.0%
	LFMD	F	-0.0%
	MLP	C	-0.0%
	LYEL	D	-0.0%
	FVCB	C	-0.0%
	FLXS	A	-0.0%
	ORGO	D	-0.0%
	IHRT	D	-0.0%
	TCX	D	-0.0%
	ZNTL	D	-0.0%
	INSE	C	-0.0%
	ALCO	B	-0.0%
	LCNB	C	-0.0%
	JAKK	C	-0.0%
	ARAY	D	-0.0%
	WEYS	B	-0.0%
	NXDT	C	-0.0%
	CHGG	F	-0.0%
	FLWS	F	-0.0%
	GLUE	C	-0.0%
	CDXS	D	-0.0%
	LE	D	-0.0%
	ATOS	C	-0.0%
	BHR	D	-0.0%
	TRVI	C	-0.0%
	IRBT	F	-0.0%
	BWFG	B	-0.0%
	WTI	F	-0.0%
	LXRX	F	-0.0%
	RNGR	C	-0.0%
	MBCN	C	-0.0%
	JRVR	F	-0.0%
	RMAX	C	-0.0%
	PCB	C	-0.0%
	GENC	D	-0.0%
	PANL	F	-0.0%
	PSTX	D	-0.0%
	HPK	D	-0.0%
	BRT	C	-0.0%
	MRSN	D	-0.0%
	MED	F	-0.0%
	NWFL	C	-0.0%
	FCEL	F	-0.0%
	ASUR	D	-0.0%
	EAF	D	-0.0%
	NGS	D	-0.0%
	ADCT	D	-0.0%
	OMER	D	-0.0%
	SLDP	F	-0.0%
	LSEA	C	-0.0%
	PBPB	D	-0.0%
	MVIS	D	-0.0%
	EGHT	F	-0.0%
	BOOM	D	-0.0%
	PCYO	B	-0.0%
	COFS	B	-0.0%
	SERA	C	-0.0%
	GCBC	D	-0.0%
	RCKY	D	-0.0%
	BMEA	D	-0.0%
	PLBC	B	-0.0%
	HRTX	F	-0.0%
	MITT	B	-0.0%
	PKBK	B	-0.0%
	CMPO	C	-0.0%
	TSBK	B	-0.0%
	BLFY	B	-0.0%
	TSVT	C	-0.0%
	TRAK	B	-0.0%
	GNE	D	-0.0%
	EVCM	D	-0.0%
	XOMA	B	-0.0%
	NATH	B	-0.0%
	MG	C	-0.0%
	CPS	F	-0.0%
	SMHI	F	-0.0%
	MGNX	F	-0.0%
	UNTY	B	-0.0%
	NKTR	D	-0.0%
	FORR	D	-0.0%
	RLGT	C	-0.0%
	BARK	C	-0.0%
	EWCZ	F	-0.0%
	JMSB	D	-0.0%
	DH	D	-0.0%
	CBNK	B	-0.0%
	BDTX	D	-0.0%
	MVBF	D	-0.0%
	APEI	D	-0.0%
	FRST	C	-0.0%
	BCML	B	-0.0%
	UTMD	F	-0.0%
	CIO	C	-0.0%
	TBI	F	-0.0%
	SGHT	D	-0.0%
	RRBI	C	-0.0%
	PRME	F	-0.0%
	KRO	D	-0.0%
	FDBC	C	-0.0%
	SFST	C	-0.0%
	DGICA	B	-0.0%
	WSBF	B	-0.0%
	BLZE	D	-0.0%
	FHTX	C	-0.0%
	REAL	D	-0.0%
	CZFS	C	-0.0%
	PINE	C	-0.0%
	MEC	A	-0.0%
	HBB	B	-0.0%
	HEAR	D	-0.0%
	PKOH	D	-0.0%
	SSBK	C	-0.0%
	ENTA	F	-0.0%
	DOMO	F	-0.0%
	RCEL	D	-0.0%
	REI	D	-0.0%
	SWIM	C	-0.0%
	AMPY	D	-0.0%
	WOW	D	-0.0%
	CIVB	C	-0.0%
	PKE	D	-0.0%
	GRPN	F	-0.0%
	CBAN	B	-0.0%
	BYRN	C	-0.0%
	TMCI	F	-0.0%
	IPI	D	-0.0%
	AMPS	F	-0.0%
	EB	F	-0.0%
	NGVC	C	-0.0%
	RM	B	-0.0%
	IAUX	D	-0.0%
	ITIC	B	-0.0%
	THRD	C	-0.0%
	METC	F	-0.0%
	NEWT	F	-0.0%
	LAZR	F	-0.0%
	SKYT	C	-0.0%
	ACIC	D	-0.0%
	TRUE	D	-0.0%
	IMMR	D	-0.0%
	REFI	C	-0.0%
	ONEW	F	-0.0%
	PLPC	D	-0.0%
	RBBN	D	-0.0%
	APPS	D	-0.0%
	CRCT	C	-0.0%
	NECB	B	-0.0%
	PFMT	B	-0.0%
	GNTY	B	-0.0%
	FLIC	B	-0.0%
	INZY	C	-0.0%
	INBK	D	-0.0%
	GCO	D	-0.0%
	FNLC	C	-0.0%
	PACK	D	-0.0%
	HBT	C	-0.0%
	CRMT	F	-0.0%
	AVAH	C	-0.0%
	TITN	F	-0.0%
	OIS	D	-0.0%
	SAVE	F	-0.0%
	VLGEA	B	-0.0%
	INGN	D	-0.0%
	BWB	B	-0.0%
	SPOK	C	-0.0%
	OOMA	C	-0.0%
	SENEA	C	-0.0%
	ULH	C	-0.0%
	VNDA	F	-0.0%
	HMST	C	-0.0%
	AVNW	F	-0.0%
	MTRX	C	-0.0%
	GRND	C	-0.0%
	ANGO	C	-0.0%
	CZNC	D	-0.0%
	OBT	C	-0.0%
	HBCP	B	-0.0%
	KODK	D	-0.0%
	VYGR	F	-0.0%
	MCFT	F	-0.0%
	MNTK	D	-0.0%
	ATNI	C	-0.0%
	ACCD	D	-0.0%
	SB	D	-0.0%
	VPG	F	-0.0%
	TCBX	B	-0.0%
	OLPX	C	-0.0%
	LUNG	D	-0.0%
	LEGH	B	-0.0%
	FSBW	B	-0.0%
	ABSI	D	-0.0%
	LXFR	C	-0.0%
	REPX	D	-0.0%
	TBPH	F	-0.0%
	EBTC	B	-0.0%
	DENN	D	-0.0%
	BWMN	F	-0.0%
	NAPA	F	-0.0%
	AKBA	D	-0.0%
	ITI	B	-0.0%
	WTBA	D	-0.0%
	GHM	D	-0.0%
	LILA	D	-0.0%
	ODC	C	-0.0%
	LOVE	D	-0.0%
	FRBA	B	-0.0%
	ALLO	D	-0.0%
	ALDX	C	-0.0%
	RDVT	A	-0.0%
	LINC	D	-0.0%
	SNBR	C	-0.0%
	FARO	D	-0.0%
	PSTL	B	-0.0%
	TCMD	C	-0.0%
	LWLG	F	-0.0%
	EDIT	F	-0.0%
	XPOF	D	-0.0%
	GRNT	D	-0.0%
	FNKO	C	-0.0%
	EE	B	-0.0%
	WLFC	B	-0.0%
	OCGN	F	-0.0%
	AAN	C	-0.0%
	RGP	F	-0.0%
	LRMR	F	-0.0%
	BTBT	D	-0.0%
	ILPT	C	-0.0%
	USAP	C	-0.0%
	PLSE	C	-0.0%
	OSUR	D	-0.0%
	MTW	F	-0.0%
	HNST	D	-0.0%
	BMRC	C	-0.0%
	SFIX	D	-0.0%
	NRC	F	-0.0%
	LIND	C	-0.0%
	ACNB	C	-0.0%
	TH	D	-0.0%
	PPTA	C	-0.0%
	PL	F	-0.0%
	ESPR	F	-0.0%
	SRI	F	-0.0%
	MLYS	D	-0.0%
	FFWM	D	-0.0%
	FMAO	B	-0.0%
	AMSWA	C	-0.0%
	NNOX	F	-0.0%
	WOOF	C	-0.0%
	NKTX	F	-0.0%
	CYRX	D	-0.0%
	MEI	D	-0.0%
	MCS	C	-0.0%
	UIS	C	-0.0%
	HRTG	C	-0.0%
	MODV	F	-0.0%
	FBIZ	B	-0.0%
	NRIM	B	-0.0%
	ERAS	C	-0.0%
	BCAL	D	-0.0%
	SIGA	D	-0.0%
	HDSN	D	-0.0%
	TTI	F	-0.0%
	NVEC	D	-0.0%
	FNA	F	-0.0%
	DSGR	B	-0.0%
	GTHX	A	-0.0%
	CCCC	C	-0.0%
	ANIK	D	-0.0%
	KRNY	C	-0.0%
	BOC	D	-0.0%
	LOCO	B	-0.0%
	CELC	F	-0.0%
	DCGO	D	-0.0%
	AEHR	F	-0.0%
	TRC	D	-0.0%
	CTLP	F	-0.0%
	RICK	D	-0.0%
	AQST	C	-0.0%
	RBB	B	-0.0%
	BYND	D	-0.0%
	FISI	B	-0.0%
	TRDA	D	-0.0%
	TSHA	D	-0.0%
	CERS	F	-0.0%
	ZUMZ	D	-0.0%
	MITK	F	-0.0%
	ACRE	C	-0.0%
	FFIC	C	-0.0%
	AVXL	D	-0.0%
	CWCO	F	-0.0%
	SPFI	B	-0.0%
	LXU	D	-0.0%
	STRO	D	-0.0%
	BSRR	B	-0.0%
	ALRS	C	-0.0%
	IRMD	C	-0.0%
	BBW	C	-0.0%
	CRMD	B	-0.0%
	GTN	D	-0.0%
	GLRE	B	-0.0%
	IBTA	D	-0.0%
	FRPH	D	-0.0%
	RDUS	D	-0.0%
	RMR	C	-0.0%
	SD	F	-0.0%
	CCSI	C	-0.0%
	FATE	F	-0.0%
	CLDT	D	-0.0%
	ADV	C	-0.0%
	CARE	B	-0.0%
	ENFN	D	-0.0%
	BVS	C	-0.0%
	RUSHB	C	-0.0%
	OABI	D	-0.0%
	MOFG	B	-0.0%
	NWPX	C	-0.0%
	XERS	C	-0.0%
	BRY	F	-0.0%
	BIGC	F	-0.0%
	SAGE	F	-0.0%
	BAND	D	-0.0%
	AIOT	D	-0.0%
	WEAV	C	-0.0%
	KRUS	C	-0.0%
	BALY	B	-0.0%
	LMNR	B	-0.0%
	EYPT	D	-0.0%
	PFIS	B	-0.0%
	KALV	F	-0.0%
	SHYF	D	-0.0%
	HIFS	B	-0.0%
	TYRA	C	-0.0%
	INOD	D	-0.0%
	ESQ	B	-0.0%
	CTO	C	-0.0%
	ITOS	F	-0.0%
	SVRA	D	-0.0%
	VERV	F	-0.0%
	OLP	B	-0.0%
	AURA	C	-0.0%
	PX	C	-0.0%
	SHBI	B	-0.0%
	KE	F	-0.0%
	MAX	C	-0.0%
	LYTS	C	-0.0%
	DMRC	F	-0.0%
	MPB	B	-0.0%
	MNMD	F	-0.0%
	QTRX	D	-0.0%
	PGC	C	-0.0%
	DHIL	C	-0.0%
	TWKS	C	-0.0%
	GIC	D	-0.0%
	ZIMV	F	-0.0%
	PTVE	D	-0.0%
	FC	D	-0.0%
	AGS	D	-0.0%
	CLBK	C	-0.0%
	CSV	C	-0.0%
	FPI	D	-0.0%
	SMBK	A	-0.0%
	GCMG	B	-0.0%
	NFBK	C	-0.0%
	BHB	A	-0.0%
	FWRG	F	-0.0%
	DAKT	D	-0.0%
	NTGR	C	-0.0%
	AROW	D	-0.0%
	LGF.A	F	-0.0%
	WVE	D	-0.0%
	PACB	D	-0.0%
	MSBI	D	-0.0%
	FSBC	B	-0.0%
	CCBG	B	-0.0%
	HCAT	C	-0.0%
	TIPT	B	-0.0%
	LAND	C	-0.0%
	NBN	C	-0.0%
	ALEC	C	-0.0%
	ARKO	C	-0.0%
	SLQT	F	-0.0%
	URGN	F	-0.0%
	WLDN	B	-0.0%
	RYAM	B	-0.0%
	NRDS	F	-0.0%
	ATEX	D	-0.0%
	CLFD	D	-0.0%
	TK	C	-0.0%
	ACCO	C	-0.0%
	AAOI	C	-0.0%
	GSBC	D	-0.0%
	UVE	C	-0.0%
	CCNE	C	-0.0%
	ARCT	F	-0.0%
	IIIV	D	-0.0%
	LASR	F	-0.0%
	CLNE	C	-0.0%
	SEMR	D	-0.0%
	THFF	B	-0.0%
	YMAB	C	-0.0%
	OLO	D	-0.0%
	OLMA	D	-0.0%
	HTBI	B	-0.0%
	HONE	C	-0.0%
	PKST	C	-0.0%
	HUMA	D	-0.0%
	APLT	D	-0.0%
	TRTX	C	-0.0%
	SMBC	C	-0.0%
	RBCAA	B	-0.0%
	KIDS	D	-0.0%
	OPK	C	-0.0%
	FUBO	D	-0.0%
	ADPT	C	-0.0%
	ALT	D	-0.0%
	SLP	F	-0.0%
	WASH	B	-0.0%
	EVER	D	-0.0%
	MCB	C	-0.0%
	INST	D	-0.0%
	ANNX	C	-0.0%
	CHPT	F	-0.0%
	STOK	C	-0.0%
	REAX	D	-0.0%
	REPL	C	-0.0%
	SGHC	C	-0.0%
	TREE	C	-0.0%
	ALX	B	-0.0%
	RYI	D	-0.0%
	NEXT	F	-0.0%
	ATRO	D	-0.0%
	CIFR	F	-0.0%
	CCO	C	-0.0%
	AMAL	B	-0.0%
	CCB	B	-0.0%
	FMNB	B	-0.0%
	CASS	C	-0.0%
	SRDX	D	-0.0%
	MCBS	B	-0.0%
	DJCO	A	-0.0%
	FULC	F	-0.0%
	CAC	C	-0.0%
	YORW	D	-0.0%
	NUVB	D	-0.0%
	LPRO	D	-0.0%
	LEU	D	-0.0%
	BBUC	C	-0.0%
	ARHS	D	-0.0%
	ATEC	F	-0.0%
	EGY	D	-0.0%
	OSPN	B	-0.0%
	EQBK	B	-0.0%
	INDI	F	-0.0%
	AXGN	B	-0.0%
	IMXI	D	-0.0%
	SWBI	F	-0.0%
	BASE	F	-0.0%
	CMRE	D	-0.0%
	GMRE	C	-0.0%
	NNBR	D	-0.0%
	IDT	C	-0.0%
	AVO	B	-0.0%
	HTBK	C	-0.0%
	IE	F	-0.0%
	APLD	C	-0.0%
	CBL	D	-0.0%
	FOR	C	-0.0%
	EBF	B	-0.0%
	OFIX	D	-0.0%
	NR	D	-0.0%
	ACEL	C	-0.0%
	PUBM	F	-0.0%
	LQDA	F	-0.0%
	SPRY	C	-0.0%
	SRRK	F	-0.0%
	PAX	F	-0.0%
	BFST	B	-0.0%
	CNDT	C	-0.0%
	BMBL	F	-0.0%
	PLOW	C	-0.0%
	AMTB	D	-0.0%
	ORIC	D	-0.0%
	GCI	C	-0.0%
	SIBN	D	-0.0%
	TERN	C	-0.0%
	MLNK	C	-0.0%
	GOOD	B	-0.0%
	STGW	B	-0.0%
	MLAB	C	-0.0%
	GLDD	B	-0.0%
	MLR	D	-0.0%
	ABUS	C	-0.0%
	UTI	D	-0.0%
	PHAT	C	-0.0%
	HCKT	C	-0.0%
	ZIP	D	-0.0%
	ORRF	B	-0.0%
	IBCP	B	-0.0%
	BV	C	-0.0%
	PTLO	C	-0.0%
	EU	D	-0.0%
	IBUY	B	-0.0%
	CDMO	B	-0.0%
	ETNB	F	-0.0%
	SANA	F	-0.0%
	CMTG	D	-0.0%
	TPB	B	-0.0%
	SWI	B	-0.0%
	HBNC	B	-0.0%
	MBWM	D	-0.0%
	CTKB	F	-0.0%
	HY	F	-0.0%
	YEXT	C	-0.0%
	SMR	D	-0.0%
	HSTM	D	-0.0%
	RVNC	D	-0.0%
	BELFB	B	-0.0%
	FIGS	F	-0.0%
	CYH	B	-0.0%
	PLRX	F	-0.0%
	CGEM	D	-0.0%
	ANAB	C	-0.0%
	ASC	D	-0.0%
	RPAY	F	-0.0%
	LMB	B	-0.0%
	OSBC	C	-0.0%
	FCBC	A	-0.0%
	GNK	D	-0.0%
	HLF	F	-0.0%
	RSI	C	-0.0%
	DHC	B	-0.0%
	NAT	D	-0.0%
	XMTR	D	-0.0%
	FG	D	-0.0%
	BRSP	D	-0.0%
	DAWN	D	-0.0%
	MDXG	F	-0.0%
	MBIN	D	-0.0%
	UDMY	D	-0.0%
	ETWO	C	-0.0%
	ECVT	F	-0.0%
	VMEO	C	-0.0%
	CTBI	B	-0.0%
	DESP	C	-0.0%
	ATSG	D	-0.0%
	IMNM	C	-0.0%
	MBUU	D	-0.0%
	AMSC	D	-0.0%
	GRC	D	-0.0%
	FSLY	D	-0.0%
	CFB	D	-0.0%
	BLND	C	-0.0%
	AMRK	C	-0.0%
	CXM	F	-0.0%
	ACHR	F	-0.0%
	RLAY	D	-0.0%
	CECO	D	-0.0%
	PRO	F	-0.0%
	FLNG	C	-0.0%
	FDMT	F	-0.0%
	UVSP	B	-0.0%
	IAS	D	-0.0%
	IRON	D	-0.0%
	DX	B	-0.0%
	LFST	C	-0.0%
	GDYN	C	-0.0%
	BY	D	-0.0%
	CSTL	C	-0.0%

VLU: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Software - Application Oil & Gas E&P Semiconductors Packaged Foods Biotechnology Business Services Specialty Chemicals REIT - Diversified Asset Management Specialty Retail Utilities - Regulated Electric Diagnostics & Research Insurance - Property & Casualty Restaurants REIT - Retail Building Materials Aerospace & Defense Capital Markets

Keywords: S&P 500 Bank Banking Nasdaq 100 Natural Gas Real Estate Investment Trust Insurance Chemical Computing Aerospace Electronics Mining Medicine Semiconductor Electricity Deposit Products Telecommunications Transport Clothing Commercial Banking

HDG: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Medical Devices Software - Infrastructure REIT - Diversified Diversified Industrials Business Services Oil & Gas E&P Oil & Gas Equipment & Services Specialty Chemicals Specialty Retail Asset Management Medical Instruments & Supplies Restaurants Savings & Cooperative Banks Aerospace & Defense Electronic Components Insurance - Property & Casualty Diagnostics & Research

Keywords: Bank Banking Medicine Deposit Products Biopharmaceutical Biotechnology Cancer Real Estate Investment Trust Real Estate Loans Computing Commercial Banking Natural Gas Clinical Medicine Insurance Mortgage Loan Loan Life Sciences Chemical Commercial Bank Construction