AFMC vs. VFMF ETF Comparison

Comparison of Active Factor Mid Cap ETF (AFMC) to Vanguard U.S. Multifactor ETF (VFMF)

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

$34.31

Average Daily Volume

9,370

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$139.64

Average Daily Volume

8,764

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	AFMC	VFMF
30 Days	7.36%	6.72%
60 Days	6.97%	7.63%
90 Days	8.83%	7.99%
12 Months	41.05%	33.84%

108 Overlapping Holdings

Symbol	Grade	Weight in AFMC	Weight in VFMF	Overlap
ACT	D	0.86%	0.29%	0.29%
AEO	F	0.12%	0.17%	0.12%
AIT	A	0.22%	0.17%	0.17%
ALSN	B	1.14%	0.3%	0.3%
AMG	B	0.61%	0.32%	0.32%
AMR	C	0.43%	0.11%	0.11%
AN	C	0.25%	0.14%	0.14%
ARW	D	0.34%	0.09%	0.09%
ASO	F	0.32%	0.24%	0.24%
ATKR	C	0.27%	0.02%	0.02%
AYI	B	1.19%	0.26%	0.26%
BCC	B	0.46%	0.52%	0.46%
BERY	B	0.57%	0.03%	0.03%
BLD	D	0.13%	0.19%	0.13%
BLDR	D	0.6%	0.12%	0.12%
BTU	B	0.45%	0.05%	0.05%
BWA	D	0.21%	0.06%	0.06%
BYD	C	0.35%	0.03%	0.03%
CACI	D	0.76%	0.07%	0.07%
CAH	B	0.13%	0.53%	0.13%
CASY	A	0.14%	0.05%	0.05%
CATY	B	0.25%	0.06%	0.06%
CBSH	A	0.5%	0.34%	0.34%
CHRD	D	0.39%	0.15%	0.15%
CMC	B	0.61%	0.14%	0.14%
CNA	B	0.24%	0.07%	0.07%
CNM	D	0.67%	0.07%	0.07%
COKE	C	0.83%	0.18%	0.18%
CR	A	0.29%	0.16%	0.16%
CROX	D	0.17%	0.2%	0.17%
CRS	A	0.52%	0.05%	0.05%
CRUS	D	0.47%	0.06%	0.06%
CRVL	A	0.21%	0.09%	0.09%
CSL	C	0.82%	0.07%	0.07%
CVLT	B	0.69%	0.14%	0.14%
DDS	B	0.38%	0.03%	0.03%
DECK	A	0.51%	0.16%	0.16%
DKS	C	0.29%	0.15%	0.15%
DVA	B	0.05%	0.16%	0.05%
EME	C	1.3%	0.22%	0.22%
ENS	D	0.5%	0.14%	0.14%
EQH	B	0.1%	0.2%	0.1%
ESAB	B	0.24%	0.15%	0.15%
EXP	A	0.57%	0.11%	0.11%
FFIV	B	0.57%	0.02%	0.02%
FIX	A	1.0%	0.16%	0.16%
GAP	C	0.32%	0.08%	0.08%
GPI	A	0.25%	0.03%	0.03%
HALO	F	0.51%	0.11%	0.11%
HNI	B	0.44%	0.06%	0.06%
HRB	D	0.53%	0.45%	0.45%
HWC	B	0.33%	0.12%	0.12%
IBOC	A	0.86%	0.34%	0.34%
IDCC	A	0.95%	0.07%	0.07%
INGR	B	0.92%	0.35%	0.35%
ITRI	B	0.09%	0.1%	0.09%
JBL	B	0.69%	0.24%	0.24%
JWN	C	0.19%	0.07%	0.07%
JXN	C	0.73%	0.1%	0.1%
KBH	D	1.12%	0.16%	0.16%
KMT	B	0.49%	0.03%	0.03%
LNTH	D	0.27%	0.14%	0.14%
LOPE	B	0.27%	0.06%	0.06%
LPX	B	0.24%	0.21%	0.21%
M	D	0.15%	0.22%	0.15%
MAN	D	0.39%	0.02%	0.02%
MEDP	D	0.47%	0.15%	0.15%
MLI	C	1.17%	0.71%	0.71%
MTG	C	1.07%	0.71%	0.71%
MTH	D	0.49%	0.07%	0.07%
MUSA	A	0.58%	0.14%	0.14%
NAVI	C	0.2%	0.09%	0.09%
NSIT	F	0.11%	0.24%	0.11%
NTAP	C	0.59%	0.17%	0.17%
NXST	C	0.62%	0.04%	0.04%
OC	A	0.78%	0.44%	0.44%
OGN	D	0.08%	0.12%	0.08%
ORI	A	1.12%	0.45%	0.45%
PHM	D	0.57%	0.72%	0.57%
PINC	B	0.44%	0.18%	0.18%
PPC	C	0.53%	0.2%	0.2%
PRI	A	0.59%	0.28%	0.28%
PVH	C	0.41%	0.39%	0.39%
RDN	C	0.75%	0.21%	0.21%
RL	B	0.27%	0.19%	0.19%
RS	B	0.35%	0.11%	0.11%
SANM	B	0.52%	0.1%	0.1%
SFM	A	1.95%	0.16%	0.16%
SKX	D	0.07%	0.26%	0.07%
SM	B	0.17%	0.13%	0.13%
SNA	A	0.46%	0.15%	0.15%
STLD	B	0.36%	0.18%	0.18%
TEX	D	0.38%	0.18%	0.18%
THC	D	1.2%	0.2%	0.2%
TMHC	B	0.8%	0.18%	0.18%
TOL	B	1.48%	0.25%	0.25%
TPH	D	0.11%	0.13%	0.11%
TPL	A	0.87%	0.03%	0.03%
TPR	B	0.56%	0.14%	0.14%
UFPI	B	0.35%	0.37%	0.35%
UHS	D	0.46%	0.1%	0.1%
UNM	A	0.9%	0.28%	0.28%
UTHR	C	1.66%	0.37%	0.37%
VNT	B	0.1%	0.13%	0.1%
WCC	B	0.26%	0.12%	0.12%
WFRD	D	0.4%	0.22%	0.22%
WSM	B	0.71%	0.28%	0.28%
WU	D	0.07%	0.06%	0.06%

AFMC Overweight 136 Positions Relative to VFMF

Symbol	Grade	Weight
GDDY	A	1.12%
NRG	B	0.96%
VST	B	0.95%
CW	B	0.81%
HIW	D	0.78%
ESNT	D	0.78%
SF	B	0.74%
LII	A	0.73%
WBS	A	0.71%
TXRH	C	0.7%
GLPI	C	0.68%
FHI	A	0.67%
G	B	0.67%
FICO	B	0.66%
ERIE	D	0.64%
WPC	D	0.62%
BRBR	A	0.58%
OHI	C	0.58%
SNX	C	0.57%
CUZ	B	0.56%
DBX	B	0.55%
NFG	A	0.55%
TGNA	B	0.54%
SBRA	C	0.53%
PSN	D	0.53%
ACIW	B	0.51%
NYT	C	0.51%
RPM	A	0.5%
NVST	B	0.46%
GMED	A	0.46%
DINO	D	0.46%
GHC	C	0.45%
PK	B	0.44%
ONTO	D	0.44%
NTCT	C	0.44%
JLL	D	0.44%
AGCO	D	0.42%
RGLD	C	0.4%
CHE	D	0.4%
GEF	A	0.4%
HLI	B	0.39%
LAMR	D	0.39%
EXEL	B	0.39%
JAZZ	B	0.39%
SAIC	F	0.38%
CDP	C	0.38%
MOH	F	0.37%
ANF	C	0.37%
AIZ	A	0.37%
WSO	A	0.37%
ADC	B	0.33%
CSWI	A	0.33%
UGI	A	0.33%
COLB	A	0.33%
INCY	C	0.32%
SSB	B	0.31%
FHN	A	0.31%
EPR	D	0.31%
BDC	B	0.3%
TTEK	F	0.3%
APPF	B	0.3%
FSS	B	0.29%
MANH	D	0.28%
AVT	C	0.28%
PBF	D	0.28%
NVT	B	0.27%
CHRW	C	0.27%
EHC	B	0.27%
NSA	D	0.26%
WWD	B	0.26%
OLN	D	0.26%
ZD	C	0.26%
MSM	C	0.26%
JHG	A	0.26%
CTRE	D	0.26%
HOG	D	0.25%
IBP	D	0.25%
ENSG	D	0.24%
VMI	B	0.24%
TDC	D	0.23%
NBIX	C	0.22%
HST	C	0.22%
L	A	0.21%
LEA	D	0.21%
OZK	B	0.2%
NEU	C	0.19%
HOMB	A	0.19%
PRGO	B	0.18%
SJM	D	0.18%
ADNT	F	0.18%
DXC	B	0.18%
CLF	F	0.18%
CRI	D	0.18%
HPP	F	0.17%
APLE	B	0.17%
NUS	D	0.17%
ABG	B	0.17%
ZION	B	0.17%
VSH	D	0.15%
ATR	B	0.15%
OPCH	D	0.12%
BOX	B	0.11%
ELF	C	0.11%
AOS	F	0.1%
CUBE	D	0.1%
EXLS	B	0.1%
BPMC	C	0.1%
GEN	B	0.1%
LECO	B	0.09%
ITT	A	0.09%
CPT	B	0.09%
CNXC	F	0.09%
AMN	F	0.09%
ZETA	D	0.08%
BRX	A	0.08%
HSIC	B	0.08%
APA	D	0.08%
ASGN	F	0.08%
DCI	B	0.08%
DOCS	C	0.08%
HAE	C	0.08%
TAP	C	0.07%
OSCR	D	0.06%
PBH	A	0.06%
PDCO	D	0.06%
MMSI	B	0.06%
SPSC	C	0.05%
ACLS	F	0.05%
AWI	A	0.05%
BMI	B	0.04%
CXT	B	0.04%
LEVI	F	0.03%
IART	C	0.02%
NNN	D	0.0%
VRNS	D	0.0%
PI	D	0.0%

AFMC Underweight 362 Positions Relative to VFMF

Symbol	Grade	Weight
WFC	A	-1.25%
AFL	B	-1.08%
AIG	B	-1.02%
BK	A	-0.98%
ABBV	D	-0.93%
GOOG	C	-0.9%
MMM	D	-0.9%
VLO	C	-0.85%
MPC	D	-0.83%
QCOM	F	-0.82%
HCA	F	-0.82%
AXP	A	-0.82%
META	D	-0.82%
PM	B	-0.81%
MO	A	-0.78%
AMAT	F	-0.78%
WMT	A	-0.78%
T	A	-0.77%
TMUS	B	-0.75%
APO	B	-0.74%
KR	B	-0.73%
JPM	A	-0.72%
MCK	B	-0.71%
SYF	B	-0.71%
HIG	B	-0.7%
BPOP	B	-0.67%
TGT	F	-0.65%
OFG	B	-0.64%
LMT	D	-0.64%
NVDA	C	-0.63%
IBM	C	-0.61%
FANG	D	-0.6%
EWBC	A	-0.59%
KMB	D	-0.59%
CFG	B	-0.57%
FDX	B	-0.54%
COST	B	-0.52%
BKNG	A	-0.52%
VZ	C	-0.52%
KLAC	D	-0.52%
EOG	A	-0.51%
FI	A	-0.51%
CI	F	-0.5%
GOOGL	C	-0.5%
FBP	B	-0.5%
ANET	C	-0.5%
CAT	B	-0.48%
XOM	B	-0.47%
OMF	A	-0.46%
MRK	F	-0.46%
CL	D	-0.46%
COLL	F	-0.46%
GM	B	-0.44%
TT	A	-0.44%
GILD	C	-0.43%
AZO	C	-0.43%
TJX	A	-0.42%
SLM	A	-0.41%
CNO	A	-0.4%
FITB	A	-0.39%
AMAL	B	-0.39%
JNJ	D	-0.38%
RTX	C	-0.36%
NWS	B	-0.36%
KELYA	F	-0.36%
ANDE	D	-0.34%
PRDO	B	-0.34%
EIG	B	-0.34%
CBOE	B	-0.34%
WRB	A	-0.33%
CVX	A	-0.33%
SCS	C	-0.32%
CPF	A	-0.31%
NMIH	D	-0.31%
CASH	A	-0.3%
NTB	B	-0.3%
SIG	B	-0.3%
GIII	D	-0.3%
GFF	A	-0.29%
SRCE	B	-0.28%
CALM	A	-0.28%
TK	D	-0.27%
PSX	C	-0.27%
FCX	D	-0.26%
DHI	D	-0.26%
EAT	A	-0.26%
TPC	C	-0.26%
MHO	D	-0.25%
FCF	A	-0.25%
PFBC	B	-0.25%
WSFS	A	-0.24%
PHIN	A	-0.24%
CPAY	A	-0.23%
STT	A	-0.23%
VIRT	B	-0.23%
MLKN	D	-0.23%
DELL	C	-0.23%
FNF	B	-0.23%
WTTR	B	-0.23%
MHK	D	-0.22%
MBIN	D	-0.22%
COP	C	-0.22%
GNW	A	-0.21%
SIGA	F	-0.21%
THO	B	-0.21%
CVCO	A	-0.2%
AMKR	D	-0.2%
AX	A	-0.2%
CAL	D	-0.2%
SPOT	B	-0.2%
AMWD	C	-0.2%
ASC	F	-0.2%
GMS	B	-0.2%
PGR	A	-0.2%
JEF	A	-0.19%
AMRX	C	-0.19%
AHCO	F	-0.19%
ATGE	B	-0.19%
HPQ	B	-0.19%
HWKN	B	-0.19%
PKG	A	-0.19%
BOKF	B	-0.19%
CRM	B	-0.19%
LEN	D	-0.19%
STNG	F	-0.18%
VCTR	B	-0.18%
NVR	D	-0.18%
PLUS	F	-0.18%
TILE	B	-0.18%
IMKTA	C	-0.18%
BELFB	C	-0.18%
REVG	B	-0.18%
PATK	D	-0.18%
IESC	B	-0.18%
CNOB	B	-0.18%
BLX	C	-0.18%
HP	B	-0.18%
COOP	B	-0.17%
SKYW	B	-0.17%
DLX	B	-0.17%
ALKS	B	-0.17%
CTRA	B	-0.17%
PLAB	C	-0.17%
URI	B	-0.17%
MRC	B	-0.17%
AMP	A	-0.17%
COR	B	-0.17%
AGO	B	-0.17%
WMK	C	-0.16%
BV	B	-0.16%
STBA	B	-0.16%
TBBK	B	-0.16%
R	B	-0.16%
CF	B	-0.16%
IDT	B	-0.16%
BG	F	-0.16%
KD	B	-0.16%
BAC	A	-0.16%
GNK	D	-0.16%
OMI	F	-0.16%
PR	B	-0.16%
SXC	A	-0.16%
ASB	B	-0.16%
KEX	C	-0.16%
CRBG	B	-0.15%
PFGC	B	-0.15%
RMD	C	-0.15%
KTB	B	-0.15%
DHT	F	-0.15%
CRC	B	-0.15%
PYPL	B	-0.15%
TNL	A	-0.15%
SCSC	B	-0.15%
LDOS	C	-0.15%
SLVM	B	-0.15%
CHCO	B	-0.15%
WABC	B	-0.14%
DAKT	B	-0.14%
FTI	A	-0.14%
ETD	C	-0.14%
NR	B	-0.14%
CNXN	C	-0.14%
ABCB	B	-0.14%
TNK	F	-0.14%
MCY	A	-0.14%
BBW	B	-0.14%
PUMP	B	-0.14%
HAFC	A	-0.13%
PCAR	B	-0.13%
SPOK	C	-0.13%
NUE	C	-0.13%
MUR	D	-0.13%
HBI	B	-0.13%
EXPE	B	-0.13%
HCC	B	-0.13%
NMRK	B	-0.13%
INSW	F	-0.12%
DNOW	B	-0.12%
RCL	A	-0.12%
PTGX	C	-0.12%
KNTK	B	-0.12%
ROCK	C	-0.12%
BHLB	B	-0.12%
ZEUS	C	-0.12%
FIBK	A	-0.12%
PSTG	D	-0.12%
CBU	B	-0.12%
CPRX	C	-0.12%
SSD	D	-0.12%
CTSH	B	-0.12%
UA	C	-0.12%
CYH	F	-0.12%
IMMR	C	-0.12%
URBN	C	-0.12%
AGX	B	-0.12%
SPTN	D	-0.11%
PH	A	-0.11%
SCHL	D	-0.11%
LPG	F	-0.11%
SBSI	B	-0.11%
CEIX	A	-0.11%
REX	D	-0.11%
CNX	A	-0.11%
MATX	C	-0.11%
GPC	D	-0.1%
DOX	D	-0.1%
MPWR	F	-0.1%
GRBK	D	-0.1%
QCRH	A	-0.1%
WHD	B	-0.1%
FLWS	F	-0.1%
LRN	A	-0.1%
VERX	B	-0.1%
LYB	F	-0.1%
CDNA	D	-0.1%
AZZ	B	-0.1%
GRND	A	-0.09%
APOG	B	-0.09%
OXM	D	-0.09%
SWKS	F	-0.09%
GPOR	B	-0.09%
WLY	B	-0.09%
MOG.A	B	-0.09%
DXPE	B	-0.09%
JELD	F	-0.09%
INDB	B	-0.09%
FDP	B	-0.08%
PSMT	C	-0.08%
SFNC	B	-0.08%
MTDR	B	-0.08%
ARCB	C	-0.08%
SD	D	-0.08%
HSTM	B	-0.08%
ACCO	C	-0.08%
UPBD	B	-0.08%
WMS	D	-0.07%
DOLE	D	-0.07%
OVV	B	-0.07%
USAP	B	-0.07%
DESP	B	-0.07%
EBAY	D	-0.07%
MTUS	C	-0.07%
ZIMV	D	-0.07%
CTAS	B	-0.07%
PLPC	B	-0.07%
EPC	D	-0.07%
BBSI	B	-0.07%
HIMS	B	-0.07%
HVT	D	-0.07%
CG	A	-0.07%
LEN	D	-0.07%
STRL	B	-0.07%
NTGR	B	-0.07%
VFC	C	-0.07%
RES	D	-0.07%
LZB	B	-0.07%
FN	D	-0.06%
NHC	C	-0.06%
UTI	A	-0.06%
GOGL	F	-0.06%
C	A	-0.06%
CENTA	C	-0.06%
FLO	D	-0.06%
JILL	C	-0.06%
CIVI	D	-0.06%
FRME	B	-0.06%
AMZN	C	-0.06%
PFG	D	-0.06%
NAT	F	-0.06%
AGM	C	-0.06%
RNR	C	-0.06%
OSUR	F	-0.05%
TCBI	B	-0.05%
GRNT	B	-0.05%
CLW	F	-0.05%
NOG	A	-0.05%
BKE	B	-0.05%
LBRT	D	-0.05%
UFPT	B	-0.05%
SCVL	F	-0.05%
NX	C	-0.05%
BBY	D	-0.05%
SN	D	-0.05%
BJ	A	-0.05%
MET	A	-0.05%
DASH	A	-0.05%
ZUMZ	C	-0.05%
SUPN	C	-0.05%
CBT	C	-0.05%
YOU	D	-0.05%
PRK	B	-0.05%
MD	B	-0.05%
ADMA	B	-0.05%
LQDT	B	-0.05%
OSBC	A	-0.05%
LYTS	B	-0.05%
SMLR	B	-0.04%
CTS	C	-0.04%
HOV	D	-0.04%
HEES	B	-0.04%
WGO	C	-0.04%
GOLF	B	-0.04%
HSII	B	-0.04%
STGW	B	-0.04%
SXI	B	-0.04%
BKU	A	-0.04%
KFRC	D	-0.04%
MCRI	A	-0.04%
MBUU	C	-0.04%
MGY	A	-0.04%
NSSC	D	-0.04%
TNC	D	-0.04%
SHOO	D	-0.04%
VTRS	A	-0.04%
WEX	D	-0.04%
GEO	B	-0.04%
PRMW	C	-0.04%
EFSC	B	-0.04%
CRAI	B	-0.04%
HPE	B	-0.04%
ATEN	B	-0.03%
GPK	C	-0.03%
UVSP	B	-0.03%
BSIG	A	-0.03%
STRA	C	-0.03%
PRLB	A	-0.03%
MOV	C	-0.03%
CCRN	F	-0.03%
RRC	B	-0.03%
HFWA	B	-0.03%
BRY	F	-0.03%
EPAC	B	-0.03%
TCBK	B	-0.03%
WNC	C	-0.03%
INGN	C	-0.02%
VRA	F	-0.02%
RGP	F	-0.02%
BUSE	B	-0.02%
PEBO	A	-0.02%
SB	F	-0.02%
ADTN	A	-0.02%
MBWM	B	-0.02%