AFMC vs. BIV ETF Comparison

Comparison of Active Factor Mid Cap ETF (AFMC) to Vanguard Intermediate-Term Bond ETF (BIV)

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.03

Average Daily Volume

1,447

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$74.55

Average Daily Volume

1,015,319

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	AFMC	BIV
30 Days	7.07%	1.77%
60 Days	4.11%	0.50%
90 Days	8.90%	0.68%
12 Months	30.94%	1.33%

49 Overlapping Holdings

Symbol	Grade	Weight in AFMC	Weight in BIV	Overlap
AIZ	D	0.46%	0.01%	0.01%
AMG	D	0.46%	0.02%	0.02%
AN	C	0.34%	0.01%	0.01%
ARW	C	0.38%	0.01%	0.01%
AYI	C	1.08%	0.01%	0.01%
BERY	D	0.43%	0.01%	0.01%
BHF	F	0.04%	0.01%	0.01%
BRX	C	0.07%	0.01%	0.01%
CAH	F	0.54%	0.03%	0.03%
CSL	B	0.73%	0.01%	0.01%
CUBE	C	0.09%	0.01%	0.01%
DXC	F	0.15%	0.02%	0.02%
EPR	C	0.14%	0.01%	0.01%
EQH	A	0.1%	0.01%	0.01%
GLPI	C	0.44%	0.01%	0.01%
HIW	C	0.27%	0.01%	0.01%
HPP	F	0.28%	0.01%	0.01%
HRB	B	0.64%	0.01%	0.01%
HUBB	D	0.27%	0.01%	0.01%
INGR	B	0.51%	0.01%	0.01%
JBL	F	0.82%	0.01%	0.01%
KMT	C	0.22%	0.01%	0.01%
L	B	0.68%	0.01%	0.01%
LII	B	0.58%	0.01%	0.01%
NEU	D	0.6%	0.01%	0.01%
NFG	B	0.51%	0.01%	0.01%
NNN	B	0.18%	0.01%	0.01%
NTAP	B	0.64%	0.01%	0.01%
NVT	C	0.24%	0.01%	0.01%
OC	C	1.06%	0.01%	0.01%
OHI	C	0.66%	0.01%	0.01%
PHM	B	0.58%	0.01%	0.01%
RL	D	0.22%	0.02%	0.02%
RPM	C	0.49%	0.01%	0.01%
RS	D	1.28%	0.01%	0.01%
SBRA	B	0.79%	0.01%	0.01%
SF	B	0.56%	0.01%	0.01%
SJM	F	0.2%	0.01%	0.01%
SNA	D	0.33%	0.01%	0.01%
SNX	A	0.6%	0.01%	0.01%
STLD	D	0.77%	0.01%	0.01%
TKR	C	0.28%	0.01%	0.01%
UHS	B	0.17%	0.02%	0.02%
UNM	B	0.72%	0.01%	0.01%
VNT	D	0.05%	0.01%	0.01%
WBS	D	0.29%	0.01%	0.01%
WPC	C	0.37%	0.01%	0.01%
WU	D	0.04%	0.01%	0.01%
ZION	B	0.35%	0.01%	0.01%

AFMC Overweight 199 Positions Relative to BIV

Symbol	Grade	Weight
VST	B	3.08%
WSM	C	1.63%
DECK	C	1.29%
SFM	A	1.21%
EME	B	1.16%
KBH	B	1.1%
COKE	C	1.1%
MTG	C	1.05%
BLDR	D	0.97%
ESNT	C	0.97%
THC	B	0.9%
FIX	C	0.9%
CNM	B	0.89%
CHRD	C	0.85%
RDN	C	0.85%
TOL	B	0.85%
IBOC	B	0.84%
ALSN	D	0.84%
MTH	B	0.83%
TMHC	B	0.75%
BCC	D	0.74%
NRG	B	0.73%
BRBR	D	0.69%
FICO	A	0.69%
EXP	D	0.69%
NXST	C	0.69%
WFRD	C	0.68%
CHE	F	0.67%
MLI	C	0.66%
JLL	B	0.65%
MUSA	B	0.64%
ONTO	C	0.64%
ERIE	C	0.63%
ELF	D	0.63%
PRI	D	0.62%
CMC	B	0.61%
GMED	B	0.6%
SSD	F	0.59%
ACT	B	0.57%
UTHR	A	0.55%
MEDP	D	0.55%
HNI	B	0.55%
STAG	C	0.54%
OZK	C	0.52%
CUZ	C	0.52%
AMR	F	0.5%
PK	D	0.5%
TEX	C	0.5%
ORI	A	0.5%
DINO	D	0.49%
PVH	D	0.49%
PSN	D	0.49%
SANM	B	0.49%
IDCC	C	0.49%
SAIC	C	0.48%
PBF	D	0.48%
BLD	D	0.48%
DDS	C	0.48%
WSO	B	0.47%
CATY	C	0.46%
MAN	C	0.46%
APPF	C	0.46%
LAMR	B	0.46%
ASO	F	0.45%
GHC	B	0.44%
ATKR	F	0.43%
NYT	B	0.43%
DKS	D	0.42%
FFIV	D	0.42%
EXEL	F	0.41%
GPS	D	0.41%
MOH	F	0.4%
FSS	B	0.39%
TXRH	B	0.38%
IBP	D	0.38%
NAVI	F	0.38%
ANF	A	0.37%
LOPE	C	0.36%
WMS	C	0.36%
DBX	D	0.36%
ASGN	C	0.36%
UFPI	C	0.35%
CADE	C	0.34%
VSH	C	0.34%
ESAB	C	0.33%
FHI	D	0.33%
NVST	F	0.32%
EVR	A	0.32%
NTCT	D	0.32%
ABG	C	0.32%
SLM	D	0.31%
NBIX	B	0.31%
POST	B	0.3%
OLN	C	0.3%
MSM	F	0.3%
HWC	C	0.3%
G	D	0.29%
NSIT	B	0.29%
FHN	B	0.29%
TNL	D	0.29%
SSB	C	0.29%
BDC	C	0.29%
CNXC	D	0.29%
CRUS	B	0.29%
AMN	F	0.29%
CVBF	C	0.28%
LECO	D	0.28%
BPOP	B	0.28%
CROX	C	0.27%
CRI	F	0.27%
THO	F	0.27%
HOMB	B	0.26%
CIVI	C	0.26%
TPR	D	0.26%
BTU	F	0.26%
AGCO	F	0.26%
BECN	C	0.26%
JWN	C	0.25%
WCC	C	0.25%
MANH	D	0.25%
ENS	C	0.25%
NSA	C	0.25%
GGG	D	0.25%
PRGO	F	0.24%
AZEK	D	0.24%
APG	D	0.24%
UGI	C	0.23%
ENSG	D	0.23%
PINC	F	0.22%
TGNA	C	0.22%
HSIC	C	0.22%
CELH	C	0.22%
MOG.A	C	0.22%
PEN	F	0.22%
KAI	D	0.21%
M	D	0.21%
CVLT	B	0.21%
GPI	B	0.21%
ITCI	D	0.21%
AEO	D	0.21%
ALE	B	0.2%
USFD	B	0.2%
GEF	F	0.2%
PECO	F	0.19%
RHI	F	0.19%
PBH	D	0.19%
TPH	B	0.18%
APLE	F	0.18%
AIT	B	0.18%
MMS	B	0.18%
BPMC	C	0.17%
GDDY	B	0.17%
ATR	C	0.17%
QLYS	F	0.16%
TNET	F	0.16%
NJR	C	0.16%
OPCH	F	0.16%
WTS	B	0.16%
MSA	B	0.15%
CRVL	A	0.15%
OSCR	B	0.15%
NUS	D	0.15%
IART	F	0.14%
MPW	C	0.14%
AOS	D	0.14%
HAE	B	0.14%
CW	B	0.14%
LNTH	C	0.13%
RMBS	F	0.13%
IRM	B	0.13%
LYFT	D	0.12%
CASY	B	0.12%
OGN	B	0.11%
JHG	B	0.11%
ITT	A	0.1%
DUOL	F	0.1%
ELS	D	0.1%
S	D	0.1%
VSCO	C	0.1%
HALO	B	0.1%
CHX	D	0.1%
KWR	D	0.1%
CACI	B	0.09%
WOR	D	0.09%
BOX	D	0.08%
MMSI	B	0.08%
BRKR	D	0.08%
PDCO	F	0.07%
ACLS	D	0.07%
ACIW	A	0.06%
TDC	F	0.06%
ROKU	F	0.06%
JAZZ	F	0.06%
SPSC	C	0.05%
BMI	B	0.05%
W	C	0.05%
NSP	F	0.04%
SMAR	C	0.04%
OVV	D	0.02%

AFMC Underweight 439 Positions Relative to BIV

Symbol	Grade	Weight
WIT	D	-0.35%
DT	D	-0.11%
MSFT	B	-0.1%
AXP	A	-0.05%
DD	A	-0.05%
ABBV	D	-0.05%
BIIB	D	-0.04%
MS	B	-0.04%
WFC	C	-0.04%
TMUS	B	-0.04%
CB	A	-0.03%
KOF	C	-0.03%
DLTR	F	-0.03%
SLB	F	-0.03%
RJF	B	-0.03%
BWA	C	-0.03%
BMO	B	-0.03%
ESGR	B	-0.03%
NOW	C	-0.03%
TSN	B	-0.03%
NVDA	C	-0.03%
BABA	C	-0.03%
LVS	F	-0.02%
NI	B	-0.02%
LRCX	D	-0.02%
LMT	B	-0.02%
MRO	D	-0.02%
INVH	B	-0.02%
KLAC	B	-0.02%
EOG	C	-0.02%
EBAY	C	-0.02%
CTAS	B	-0.02%
BR	C	-0.02%
ADI	B	-0.02%
CPB	C	-0.02%
XRAY	F	-0.02%
QRVO	F	-0.02%
MOS	F	-0.02%
MET	A	-0.02%
LDOS	A	-0.02%
MTB	B	-0.02%
HST	D	-0.02%
HPQ	C	-0.02%
HIG	A	-0.02%
HAL	D	-0.02%
EFX	D	-0.02%
DAL	B	-0.02%
EA	F	-0.02%
DOX	F	-0.02%
ETN	C	-0.02%
BC	F	-0.02%
CNO	A	-0.02%
ADP	B	-0.02%
ADM	D	-0.02%
CHRW	C	-0.02%
ARCC	B	-0.02%
AAP	D	-0.02%
TEL	B	-0.02%
SYK	D	-0.02%
SYF	C	-0.02%
VRSN	F	-0.02%
ZBH	D	-0.02%
TRMB	D	-0.02%
PXD	B	-0.02%
PGR	C	-0.02%
DOC	B	-0.02%
REGN	B	-0.02%
ADBE	F	-0.02%
MCD	F	-0.02%
DLR	C	-0.02%
NEM	B	-0.02%
MU	B	-0.02%
GSK	B	-0.02%
WAB	A	-0.02%
WY	F	-0.02%
PH	D	-0.02%
EXPE	F	-0.02%
GD	A	-0.02%
PYPL	D	-0.02%
CHTR	F	-0.02%
CRM	D	-0.02%
DFS	C	-0.02%
CAG	C	-0.02%
SYY	D	-0.02%
MPLX	C	-0.02%
VTRS	D	-0.02%
ET	B	-0.02%
MMC	A	-0.02%
BSX	A	-0.02%
GOOGL	A	-0.02%
QCOM	B	-0.02%
NWG	B	-0.02%
MRK	B	-0.02%
HCA	C	-0.02%
FOXA	C	-0.02%
CARR	B	-0.02%
NOC	C	-0.02%
GE	C	-0.02%
VOD	B	-0.02%
MUFG	D	-0.02%
AMZN	C	-0.02%
WTFC	B	-0.01%
SKT	D	-0.01%
ROST	D	-0.01%
PWR	C	-0.01%
REXR	F	-0.01%
SAVE	F	-0.01%
GBDC	C	-0.01%
ALLE	D	-0.01%
AXS	A	-0.01%
AVT	B	-0.01%
CMA	B	-0.01%
CHD	B	-0.01%
CE	D	-0.01%
CBT	B	-0.01%
THG	A	-0.01%
TME	B	-0.01%
NOV	D	-0.01%
NDAQ	B	-0.01%
OGS	C	-0.01%
IFF	A	-0.01%
JCI	B	-0.01%
KMPR	C	-0.01%
EPRT	B	-0.01%
VNO	F	-0.01%
WLK	B	-0.01%
PNW	B	-0.01%
RNR	C	-0.01%
PSEC	C	-0.01%
DOV	B	-0.01%
AFG	B	-0.01%
APTV	D	-0.01%
OCSL	D	-0.01%
MDT	B	-0.01%
MDC	A	-0.01%
MCY	B	-0.01%
PDM	C	-0.01%
MP	C	-0.01%
KRG	C	-0.01%
EMN	C	-0.01%
FSK	B	-0.01%
LXP	D	-0.01%
OSK	D	-0.01%
MKL	A	-0.01%
OPI	D	-0.01%
BEN	F	-0.01%
BDN	C	-0.01%
AMH	B	-0.01%
WEC	C	-0.01%
WB	D	-0.01%
VRSK	A	-0.01%
R	B	-0.01%
SITC	B	-0.01%
PKG	C	-0.01%
PFG	B	-0.01%
SCS	C	-0.01%
SAFE	C	-0.01%
PPG	F	-0.01%
SON	B	-0.01%
FMC	C	-0.01%
FLS	B	-0.01%
FLO	C	-0.01%
EW	D	-0.01%
BBY	D	-0.01%
ALL	C	-0.01%
BAX	F	-0.01%
CMI	D	-0.01%
CME	C	-0.01%
AVB	B	-0.01%
AGR	D	-0.01%
AGO	D	-0.01%
ATO	B	-0.01%
CINF	C	-0.01%
AEL	A	-0.01%
AEE	C	-0.01%
ADC	C	-0.01%
ACGL	A	-0.01%
BKU	C	-0.01%
AAT	B	-0.01%
OGE	A	-0.01%
MCO	A	-0.01%
NUE	D	-0.01%
GPC	D	-0.01%
GP	F	-0.01%
HR	C	-0.01%
HP	F	-0.01%
INTU	B	-0.01%
GILD	F	-0.01%
JD	C	-0.01%
IEX	D	-0.01%
GXO	D	-0.01%
DHR	A	-0.01%
DHI	D	-0.01%
FTNT	D	-0.01%
FRT	C	-0.01%
STE	C	-0.01%
WTRG	C	-0.01%
RYN	F	-0.01%
ROK	F	-0.01%
RF	B	-0.01%
REG	C	-0.01%
PRE	C	-0.01%
MAS	D	-0.01%
NHI	B	-0.01%
MLM	D	-0.01%
MHK	C	-0.01%
LIN	D	-0.01%
CNHI	F	-0.01%
BRO	A	-0.01%
BNS	C	-0.01%
BKH	C	-0.01%
AAL	C	-0.01%
AMCR	C	-0.01%
CP	D	-0.01%
UDR	C	-0.01%
WBA	F	-0.01%
TD	F	-0.01%
TSCO	A	-0.01%
SWX	A	-0.01%
SWKS	F	-0.01%
VOYA	B	-0.01%
XYL	A	-0.01%
VMC	D	-0.01%
KEX	A	-0.01%
ITW	D	-0.01%
HSY	C	-0.01%
JNPR	D	-0.01%
ILMN	F	-0.01%
KSS	D	-0.01%
KRC	C	-0.01%
EIX	A	-0.01%
DVN	D	-0.01%
CTVA	C	-0.01%
FAF	D	-0.01%
EXR	C	-0.01%
DRI	F	-0.01%
DSS	F	-0.01%
LLY	B	-0.01%
LEG	F	-0.01%
NVR	D	-0.01%
MRVL	C	-0.01%
NSC	D	-0.01%
KIM	C	-0.01%
MAA	C	-0.01%
ORLY	D	-0.01%
LNT	B	-0.01%
OMC	B	-0.01%
LAZ	B	-0.01%
NTRS	C	-0.01%
KEYS	C	-0.01%
K	C	-0.01%
HUN	C	-0.01%
IPG	D	-0.01%
HII	D	-0.01%
HBAN	B	-0.01%
KR	D	-0.01%
EMR	B	-0.01%
DGX	A	-0.01%
DE	D	-0.01%
ED	B	-0.01%
FLEX	C	-0.01%
DOW	B	-0.01%
FITB	B	-0.01%
AL	C	-0.01%
CNP	B	-0.01%
CMS	A	-0.01%
AVY	B	-0.01%
ADSK	F	-0.01%
CFG	A	-0.01%
BIDU	D	-0.01%
APD	C	-0.01%
UPS	D	-0.01%
TGT	D	-0.01%
WELL	B	-0.01%
TXT	D	-0.01%
TCN	A	-0.01%
TT	B	-0.01%
SUI	F	-0.01%
VFC	F	-0.01%
TJX	B	-0.01%
WM	B	-0.01%
PM	B	-0.01%
RPRX	F	-0.01%
ROP	C	-0.01%
PSA	C	-0.01%
SO	A	-0.01%
LNC	C	-0.01%
LH	D	-0.01%
LEA	F	-0.01%
MPC	D	-0.01%
KEY	B	-0.01%
HUM	D	-0.01%
GL	F	-0.01%
JEF	A	-0.01%
HAS	C	-0.01%
H	D	-0.01%
KMB	C	-0.01%
ESS	B	-0.01%
ES	C	-0.01%
EQR	B	-0.01%
EL	F	-0.01%
FNF	B	-0.01%
EVRG	C	-0.01%
ETR	B	-0.01%
AZO	D	-0.01%
CNA	B	-0.01%
AWK	C	-0.01%
CLX	F	-0.01%
AES	B	-0.01%
A	B	-0.01%
BG	C	-0.01%
CBOE	C	-0.01%
TXN	B	-0.01%
VTR	B	-0.01%
SWK	D	-0.01%
ZTS	D	-0.01%
PSX	D	-0.01%
RGA	A	-0.01%
SPGI	B	-0.01%
AZN	B	-0.01%
AFL	A	-0.01%
AER	B	-0.01%
BLK	B	-0.01%
BK	A	-0.01%
APH	B	-0.01%
CCI	D	-0.01%
AMAT	B	-0.01%
LEN	B	-0.01%
MSI	A	-0.01%
GPN	F	-0.01%
GIS	C	-0.01%
ICE	B	-0.01%
EQNR	D	-0.01%
EQIX	D	-0.01%
FDX	D	-0.01%
ECL	A	-0.01%
NKE	F	-0.01%
PAA	C	-0.01%
MKC	C	-0.01%
MA	D	-0.01%
LYB	D	-0.01%
MMM	A	-0.01%
O	C	-0.01%
NXPI	B	-0.01%
HRL	C	-0.01%
UNP	C	-0.01%
TDY	D	-0.01%
STT	B	-0.01%
VLO	D	-0.01%
TMO	B	-0.01%
WRK	A	-0.01%
WHR	F	-0.01%
PLD	F	-0.01%
RSG	D	-0.01%
PG	A	-0.01%
FANG	C	-0.01%
CSX	D	-0.01%
BXP	C	-0.01%
XEL	D	-0.01%
SRE	A	-0.01%
PRU	A	-0.01%
PEG	B	-0.01%
SBUX	F	-0.01%
SPG	C	-0.01%
AEP	A	-0.01%
AON	F	-0.01%
GM	B	-0.01%
DTE	A	-0.01%
FIS	A	-0.01%
CAT	C	-0.01%
STZ	D	-0.01%
EPD	C	-0.01%
DG	D	-0.01%
DB	B	-0.01%
COF	C	-0.01%
MO	A	-0.01%
OTIS	C	-0.01%
OKE	B	-0.01%
LHX	A	-0.01%
MDLZ	C	-0.01%
KDP	C	-0.01%
WMB	A	-0.01%
V	B	-0.01%
SHW	D	-0.01%
PEP	B	-0.01%
DUK	A	-0.01%
EXC	C	-0.01%
AMT	C	-0.01%
COP	D	-0.01%
USB	D	-0.01%
HON	B	-0.01%
JNJ	D	-0.01%
HD	D	-0.01%
D	A	-0.01%
CVX	B	-0.01%
MAR	D	-0.01%
LUV	F	-0.01%
CPT	B	-0.01%
AMGN	B	-0.01%
TFC	B	-0.01%
PFE	D	-0.01%
SCHW	B	-0.01%
BKNG	C	-0.01%
ARE	C	-0.01%
ABT	F	-0.01%
INTC	F	-0.01%
HES	C	-0.01%
KO	B	-0.01%
PNC	B	-0.01%
DIS	D	-0.01%
LOW	D	-0.01%
UNH	C	-0.01%
AIG	A	-0.01%
KMI	A	-0.01%
WMT	A	-0.01%
AAPL	C	-0.01%
BDX	F	-0.01%
DELL	B	-0.01%
NEE	B	-0.01%
XOM	B	-0.01%
CI	D	-0.01%
COST	B	-0.01%
RTX	B	-0.01%
IBM	D	-0.01%
UAL	C	-0.01%
ORCL	C	-0.01%
PCG	A	-0.01%
AVGO	B	-0.01%
CVS	F	-0.01%
GS	A	-0.01%
T	B	-0.01%
JPM	A	-0.01%
HSBC	B	-0.01%
VZ	C	-0.01%
BMY	F	-0.01%
CMCSA	F	-0.01%
BA	D	-0.01%
C	B	-0.01%
BAC	B	-0.01%