AFSM vs. CSML ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to IQ Chaikin U.S. Small Cap ETF (CSML)

AFSM

Active Factor Small Cap ETF

AFSM 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 small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.41

Average Daily Volume

5,783

Number of Holdings ^*

308

* may have additional holdings in another (foreign) market

CSML

IQ Chaikin U.S. Small Cap ETF

CSML Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the Nasdaq Chaikin Power US Small Cap Index. The fund invests at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of small-capitalization U.S. issuers. The underlying index applies the Chaikin Power Gauge®, a quantitative multi-factor model that seeks to identify securities that are expected to outperform peers, to select securities from the Nasdaq US 1500 Index. The underlying index is an equally weighted index of small-capitalization securities.

Grade (RS Rating)

Last Trade

$34.95

Average Daily Volume

38,231

Number of Holdings ^*

469

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	CSML
30 Days	-1.01%	-3.77%
60 Days	-0.67%	-1.35%
90 Days	4.99%	-1.21%
12 Months	29.13%	13.48%

112 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in CSML	Overlap
ABG	F	0.35%	0.2%	0.2%
ADUS	C	0.34%	0.2%	0.2%
ALE	A	0.32%	0.22%	0.22%
ALKS	F	0.82%	0.19%	0.19%
ALKT	A	0.1%	0.21%	0.1%
ALRM	D	0.36%	0.19%	0.19%
AMRK	A	0.31%	0.27%	0.27%
AMWD	D	0.29%	0.19%	0.19%
ANDE	B	0.32%	0.22%	0.22%
ANIP	C	0.4%	0.2%	0.2%
APOG	A	0.33%	0.21%	0.21%
APPF	C	0.57%	0.18%	0.18%
ARCB	F	0.34%	0.21%	0.21%
ARCH	D	0.66%	0.22%	0.22%
ASIX	F	0.16%	0.2%	0.16%
ASO	D	0.1%	0.18%	0.1%
ATEN	A	0.05%	0.2%	0.05%
AVNS	D	0.21%	0.2%	0.2%
BCC	D	1.16%	0.19%	0.19%
BDC	C	0.53%	0.19%	0.19%
BKH	B	0.27%	0.21%	0.21%
BMI	A	0.6%	0.23%	0.23%
CADE	B	0.36%	0.21%	0.21%
CASH	B	0.23%	0.21%	0.21%
CBZ	D	0.36%	0.2%	0.2%
CCRN	F	0.45%	0.2%	0.2%
CCS	D	0.21%	0.18%	0.18%
CNXN	D	0.6%	0.2%	0.2%
COHU	F	0.17%	0.19%	0.17%
COOP	A	0.35%	0.21%	0.21%
CORT	D	0.25%	0.19%	0.19%
CPRX	D	0.68%	0.2%	0.2%
CRAI	B	0.07%	0.21%	0.07%
CRUS	C	0.05%	0.19%	0.05%
CSGS	F	0.08%	0.2%	0.08%
DNOW	D	0.34%	0.2%	0.2%
DVAX	D	0.04%	0.2%	0.04%
EGBN	F	0.46%	0.2%	0.2%
EIG	D	0.06%	0.21%	0.06%
FOR	D	0.11%	0.17%	0.11%
GEO	B	0.35%	0.22%	0.22%
GFF	C	0.05%	0.19%	0.05%
GMS	C	0.65%	0.19%	0.19%
GNK	A	0.64%	0.22%	0.22%
HAE	A	0.25%	0.21%	0.21%
HRMY	C	0.36%	0.19%	0.19%
HSII	D	0.26%	0.2%	0.2%
HUBG	C	0.5%	0.2%	0.2%
HURN	F	0.46%	0.2%	0.2%
HWKN	A	0.28%	0.2%	0.2%
IBOC	A	0.31%	0.21%	0.21%
IDCC	C	0.54%	0.19%	0.19%
IIIN	D	0.22%	0.19%	0.19%
IMKTA	F	0.16%	0.21%	0.16%
IMXI	D	0.19%	0.2%	0.19%
INDB	C	0.05%	0.21%	0.05%
INSW	A	0.2%	0.21%	0.2%
INTA	F	0.16%	0.19%	0.16%
KBH	B	0.76%	0.19%	0.19%
KFY	D	0.28%	0.2%	0.2%
KN	B	0.08%	0.21%	0.08%
KNSA	C	0.19%	0.18%	0.18%
KTB	B	0.07%	0.2%	0.07%
LGND	D	0.48%	0.22%	0.22%
LOPE	C	0.31%	0.2%	0.2%
LRN	A	0.27%	0.19%	0.19%
MATX	B	0.63%	0.2%	0.2%
MCY	A	0.3%	0.23%	0.23%
MIRM	D	0.17%	0.2%	0.17%
MITK	C	0.26%	0.19%	0.19%
MLI	B	0.72%	0.21%	0.21%
MOG.A	A	0.29%	0.2%	0.2%
MRVI	C	0.32%	0.18%	0.18%
MTG	C	0.77%	0.19%	0.19%
NHC	D	0.52%	0.21%	0.21%
NMIH	A	0.28%	0.2%	0.2%
NSIT	A	0.38%	0.21%	0.21%
ODP	C	0.37%	0.2%	0.2%
OFG	A	0.57%	0.2%	0.2%
OMI	F	0.14%	0.19%	0.14%
PDM	B	0.27%	0.2%	0.2%
PFS	B	0.21%	0.22%	0.21%
PHR	D	0.04%	0.19%	0.04%
PIPR	A	0.17%	0.2%	0.17%
PLUS	C	0.66%	0.2%	0.2%
POWL	B	0.51%	0.19%	0.19%
PRDO	A	0.62%	0.21%	0.21%
QLYS	D	0.39%	0.21%	0.21%
RAMP	D	0.26%	0.2%	0.2%
ROCK	D	0.1%	0.19%	0.1%
SANM	B	0.59%	0.2%	0.2%
SCS	D	0.33%	0.2%	0.2%
SITC	C	0.2%	0.2%	0.2%
SLVM	A	0.63%	0.2%	0.2%
STRA	A	0.26%	0.2%	0.2%
STRL	D	0.7%	0.19%	0.19%
SUPN	D	0.26%	0.19%	0.19%
THFF	B	0.24%	0.21%	0.21%
TNC	D	0.55%	0.2%	0.2%
TPH	A	0.07%	0.2%	0.07%
UNFI	F	0.05%	0.17%	0.05%
UVE	B	0.49%	0.21%	0.21%
VCTR	A	0.07%	0.24%	0.07%
VRNT	C	0.3%	0.2%	0.2%
VSH	C	0.38%	0.2%	0.2%
VSTO	A	0.06%	0.21%	0.06%
WABC	B	0.21%	0.21%	0.21%
WIRE	A	0.83%	0.24%	0.24%
WNC	F	0.31%	0.19%	0.19%
WTS	C	0.32%	0.2%	0.2%
XRX	F	0.25%	0.19%	0.19%
YELP	C	0.1%	0.21%	0.1%

AFSM Overweight 196 Positions Relative to CSML

Symbol	Grade	Weight
ELF	D	1.09%
HCC	B	1.03%
ESGR	B	0.92%
FIX	C	0.91%
DDS	B	0.87%
PFBC	A	0.85%
CAL	D	0.81%
WFRD	B	0.8%
ANF	C	0.79%
TNK	B	0.78%
MOD	B	0.76%
SMCI	D	0.75%
ATKR	B	0.73%
MHO	D	0.71%
EME	A	0.7%
LPG	B	0.69%
AROC	B	0.66%
TMHC	C	0.65%
PBF	C	0.64%
AMR	D	0.63%
SSD	D	0.61%
OTTR	B	0.59%
AMPH	F	0.59%
TEX	D	0.59%
SKT	D	0.57%
SIG	C	0.57%
MUSA	D	0.57%
NTB	A	0.57%
CALM	D	0.56%
BXC	D	0.55%
DFIN	A	0.55%
BRBR	C	0.54%
UFPT	A	0.54%
BKU	B	0.53%
PLAB	C	0.53%
CRVL	C	0.53%
CHCO	B	0.52%
CEIX	F	0.51%
RDN	C	0.5%
GRBK	C	0.5%
SKYW	A	0.48%
OPCH	F	0.48%
BTU	F	0.46%
FDP	D	0.46%
STBA	B	0.45%
TGNA	D	0.45%
WINA	C	0.45%
NAVI	D	0.45%
MEDP	D	0.45%
HIBB	A	0.43%
GMED	D	0.43%
RMR	B	0.43%
FBP	A	0.39%
MD	D	0.39%
ASC	A	0.39%
BKE	D	0.39%
SPNS	B	0.38%
VNDA	B	0.38%
TWI	F	0.38%
BPMC	A	0.38%
CWCO	D	0.37%
NTCT	F	0.37%
PINC	F	0.37%
INMD	F	0.36%
CVLT	A	0.34%
ONTO	A	0.34%
M	C	0.34%
CTRE	B	0.33%
KOP	F	0.33%
MTH	A	0.33%
UFPI	C	0.33%
CMC	C	0.33%
HIW	A	0.32%
CVBF	D	0.32%
ETD	F	0.31%
PRG	B	0.31%
HRB	D	0.3%
REZI	D	0.3%
VRNS	D	0.3%
HLNE	A	0.3%
HCI	B	0.3%
RHP	D	0.3%
IIPR	A	0.3%
PSN	D	0.3%
ASTH	D	0.29%
MED	F	0.29%
SFL	A	0.28%
CRC	F	0.28%
CRS	A	0.28%
NHI	A	0.27%
MAC	D	0.27%
AMKR	C	0.27%
BELFB	B	0.27%
ITCI	C	0.26%
OSIS	C	0.26%
HLX	B	0.26%
CUZ	A	0.26%
NSSC	B	0.26%
MOV	D	0.25%
SLG	B	0.25%
RMBS	F	0.25%
DAKT	B	0.25%
ACT	A	0.25%
CATY	D	0.25%
DFH	D	0.24%
SD	C	0.24%
DHT	A	0.24%
WGO	F	0.24%
COKE	B	0.24%
RLI	D	0.24%
SBRA	B	0.24%
PK	D	0.24%
HIMS	D	0.23%
DUOL	A	0.23%
KFRC	D	0.22%
TMDX	A	0.22%
CMPR	D	0.21%
PARR	F	0.21%
WMK	D	0.21%
DOLE	B	0.21%
RXST	A	0.21%
UE	B	0.21%
TBBK	F	0.21%
BRZE	D	0.2%
VGR	F	0.2%
EPR	D	0.2%
IDYA	D	0.2%
LNTH	B	0.19%
BASE	D	0.19%
STNG	A	0.19%
HDSN	F	0.19%
RYI	F	0.19%
EXTR	F	0.19%
HOV	B	0.19%
KRC	D	0.19%
QTRX	F	0.19%
BPOP	A	0.18%
TCMD	F	0.18%
INVA	B	0.17%
CLSK	C	0.17%
LMAT	A	0.17%
NUS	F	0.17%
FWRD	F	0.17%
SIGA	A	0.16%
CHRD	B	0.16%
MXL	D	0.16%
AXSM	C	0.16%
IRWD	F	0.16%
LXU	C	0.15%
LQDA	D	0.15%
OSCR	A	0.15%
ALXO	B	0.14%
BRC	B	0.14%
AYI	C	0.13%
CECO	C	0.13%
LBRT	B	0.12%
AIT	C	0.11%
NEO	D	0.11%
SPSC	C	0.1%
ESNT	D	0.09%
ACAD	F	0.09%
YEXT	F	0.09%
KRYS	D	0.08%
CABA	F	0.08%
AMN	D	0.07%
SFM	A	0.07%
JWN	B	0.06%
SQSP	B	0.06%
GES	B	0.06%
KAI	D	0.06%
TGTX	C	0.06%
BECN	B	0.06%
OPI	C	0.06%
TNET	F	0.06%
OVV	B	0.06%
JBI	D	0.06%
MLKN	D	0.05%
PRK	A	0.05%
FIBK	B	0.05%
VCEL	C	0.05%
KSS	F	0.05%
OGS	B	0.05%
HVT	F	0.05%
CTS	A	0.05%
ZEUS	F	0.05%
APAM	D	0.05%
GCO	F	0.04%
SIBN	F	0.04%
TDC	F	0.04%
EGRX	F	0.04%
EMBC	F	0.04%
EOLS	D	0.04%
VSCO	F	0.03%
SPTN	D	0.03%
EYPT	D	0.02%
AKR	B	0.0%

AFSM Underweight 357 Positions Relative to CSML

Symbol	Grade	Weight
AGX	B	-0.26%
ENV	B	-0.24%
CSR	A	-0.24%
ZETA	A	-0.23%
GRNT	B	-0.23%
PRA	C	-0.23%
SLGN	B	-0.22%
LYEL	C	-0.22%
CBT	A	-0.22%
GHC	B	-0.22%
USLM	A	-0.22%
OEC	B	-0.22%
CNK	D	-0.22%
JRVR	D	-0.22%
THRY	C	-0.22%
VIRT	A	-0.22%
AVA	B	-0.22%
HTLF	A	-0.22%
CION	A	-0.22%
LILAK	B	-0.22%
EE	B	-0.22%
DCO	A	-0.22%
CNX	B	-0.22%
PGC	D	-0.22%
ITGR	D	-0.22%
JAMF	B	-0.22%
NXRT	B	-0.22%
PRIM	A	-0.22%
KOS	D	-0.22%
KALU	A	-0.22%
NWN	B	-0.22%
CWEN	B	-0.22%
AAN	F	-0.22%
CCB	B	-0.22%
CRK	C	-0.22%
BLKB	B	-0.22%
HLIO	B	-0.22%
SAM	F	-0.21%
UVSP	A	-0.21%
AWR	C	-0.21%
BFST	D	-0.21%
DO	D	-0.21%
ROIC	D	-0.21%
AXS	B	-0.21%
UTL	B	-0.21%
ENVA	B	-0.21%
MMS	C	-0.21%
EVTC	F	-0.21%
THG	A	-0.21%
CAKE	D	-0.21%
REX	B	-0.21%
DIOD	C	-0.21%
IRT	B	-0.21%
BBSI	A	-0.21%
FHI	F	-0.21%
UMBF	B	-0.21%
HTBK	D	-0.21%
WING	A	-0.21%
MSBI	D	-0.21%
FCF	B	-0.21%
MSM	F	-0.21%
DCPH	A	-0.21%
SXC	D	-0.21%
SPNT	C	-0.21%
STC	A	-0.21%
CARG	C	-0.21%
JOUT	F	-0.21%
ACIW	A	-0.21%
BRKL	D	-0.21%
QNST	A	-0.21%
SNEX	A	-0.21%
AAT	B	-0.21%
HFWA	C	-0.21%
SFNC	D	-0.21%
FMBH	B	-0.21%
EQC	D	-0.21%
SLM	A	-0.21%
HTH	C	-0.21%
SRCE	B	-0.21%
KRG	C	-0.21%
CNOB	C	-0.21%
KNTK	B	-0.21%
PRGO	B	-0.21%
FBMS	D	-0.21%
HPK	F	-0.21%
USM	D	-0.21%
KE	D	-0.21%
SBSI	D	-0.21%
QCRH	C	-0.21%
FLS	A	-0.21%
KAR	A	-0.21%
EGY	B	-0.21%
ASB	A	-0.21%
HE	F	-0.21%
MAN	B	-0.21%
GSBC	B	-0.21%
MATV	A	-0.21%
SKWD	B	-0.21%
IDT	A	-0.21%
CPF	A	-0.21%
NPK	A	-0.21%
ALEX	C	-0.21%
ASH	A	-0.21%
WMG	C	-0.21%
RNST	C	-0.21%
EZPW	C	-0.21%
ITRI	A	-0.21%
BY	A	-0.21%
ASTE	F	-0.21%
JXN	A	-0.21%
SWX	A	-0.21%
DHIL	C	-0.21%
BHE	A	-0.21%
PEBO	B	-0.21%
MWA	A	-0.21%
WTM	A	-0.21%
AMTB	B	-0.21%
HP	F	-0.21%
IIIV	C	-0.21%
MDU	A	-0.21%
FBK	B	-0.21%
WAFD	B	-0.21%
ABM	B	-0.21%
ENR	C	-0.21%
AVNT	A	-0.21%
BSIG	C	-0.21%
NWE	B	-0.21%
PLXS	B	-0.21%
FRME	B	-0.21%
UVV	B	-0.21%
FFBC	A	-0.21%
AGYS	C	-0.21%
WTTR	B	-0.21%
OZK	B	-0.21%
COGT	C	-0.21%
PLOW	D	-0.2%
ATRI	B	-0.2%
LQDT	D	-0.2%
KRNY	F	-0.2%
PLMR	B	-0.2%
DRH	D	-0.2%
WERN	D	-0.2%
TTMI	A	-0.2%
HNI	B	-0.2%
CLW	B	-0.2%
CMCO	C	-0.2%
PLYA	C	-0.2%
CLDT	F	-0.2%
NABL	D	-0.2%
BOX	F	-0.2%
AGM	A	-0.2%
AURA	D	-0.2%
HCKT	D	-0.2%
VECO	B	-0.2%
PX	F	-0.2%
MYRG	F	-0.2%
THR	A	-0.2%
WRBY	D	-0.2%
EB	F	-0.2%
JBSS	F	-0.2%
DY	A	-0.2%
MLAB	B	-0.2%
EXLS	D	-0.2%
CAC	B	-0.2%
ICUI	F	-0.2%
HSTM	B	-0.2%
IOSP	C	-0.2%
WU	C	-0.2%
CFB	D	-0.2%
ETWO	B	-0.2%
RLJ	D	-0.2%
SCL	D	-0.2%
DRVN	F	-0.2%
PEB	F	-0.2%
SASR	D	-0.2%
TCBK	B	-0.2%
TPG	C	-0.2%
GDOT	C	-0.2%
CXM	D	-0.2%
BNL	C	-0.2%
MGPI	D	-0.2%
VC	D	-0.2%
LEGH	D	-0.2%
GTX	C	-0.2%
KELYA	C	-0.2%
LFST	D	-0.2%
GPI	A	-0.2%
NIC	C	-0.2%
AMAL	B	-0.2%
MTX	A	-0.2%
DORM	C	-0.2%
GPOR	C	-0.2%
CENTA	C	-0.2%
OFIX	F	-0.2%
OXM	A	-0.2%
MBIN	C	-0.2%
HI	F	-0.2%
FTDR	B	-0.2%
PRGS	F	-0.2%
ENS	D	-0.2%
IPAR	F	-0.2%
NBHC	C	-0.2%
ADMA	A	-0.2%
TPB	A	-0.2%
EPC	B	-0.2%
ESE	B	-0.2%
BCO	A	-0.2%
HONE	B	-0.2%
TWKS	F	-0.2%
EBF	D	-0.2%
SNDR	D	-0.2%
TRN	A	-0.2%
GO	F	-0.2%
VAC	C	-0.2%
COLM	B	-0.2%
AVT	A	-0.2%
FELE	D	-0.2%
AZZ	C	-0.2%
ESAB	B	-0.2%
SJW	D	-0.2%
SCSC	C	-0.2%
CODI	D	-0.2%
ASGN	D	-0.2%
AMG	C	-0.2%
BFS	F	-0.2%
INN	D	-0.2%
CNO	A	-0.2%
SCHL	D	-0.2%
IESC	B	-0.2%
CXW	C	-0.2%
FMNB	D	-0.2%
AL	A	-0.2%
ACEL	C	-0.2%
TIPT	D	-0.2%
DXPE	B	-0.2%
BLMN	F	-0.2%
TRMK	A	-0.2%
TDS	D	-0.2%
EQBK	A	-0.2%
LAUR	A	-0.2%
MBWM	B	-0.2%
MTSI	A	-0.2%
SVRA	D	-0.2%
VPG	D	-0.2%
BV	A	-0.2%
ELVN	B	-0.2%
FSS	C	-0.2%
GATX	C	-0.2%
CBL	F	-0.2%
ARTNA	D	-0.2%
HCSG	F	-0.2%
BHF	C	-0.2%
AMK	D	-0.2%
ASAN	F	-0.19%
SWI	B	-0.19%
ACCO	F	-0.19%
CNXC	F	-0.19%
PCH	D	-0.19%
RGP	D	-0.19%
GSAT	F	-0.19%
CRSR	F	-0.19%
CSTL	B	-0.19%
SSTK	F	-0.19%
MRTN	D	-0.19%
CHRS	F	-0.19%
ACA	B	-0.19%
VNT	D	-0.19%
ALTG	D	-0.19%
PTCT	B	-0.19%
CSV	B	-0.19%
CASS	D	-0.19%
ATGE	A	-0.19%
ACRE	D	-0.19%
NX	D	-0.19%
HTLD	F	-0.19%
ATNI	F	-0.19%
NAPA	F	-0.19%
ARDX	C	-0.19%
LZB	F	-0.19%
SVC	F	-0.19%
DCGO	F	-0.19%
PCRX	F	-0.19%
AEIS	D	-0.19%
GEF	D	-0.19%
MCRI	C	-0.19%
PEGA	D	-0.19%
EVH	F	-0.19%
NEU	D	-0.19%
TNL	D	-0.19%
TARS	C	-0.19%
ECVT	F	-0.19%
AGO	D	-0.19%
ALG	D	-0.19%
ENOV	F	-0.19%
PLYM	F	-0.19%
PRLB	F	-0.19%
COLL	C	-0.19%
CVI	F	-0.19%
ALIT	C	-0.19%
ZIP	F	-0.19%
GIC	F	-0.19%
RXO	D	-0.19%
RUSHA	D	-0.19%
CGEM	A	-0.19%
OI	F	-0.19%
EEFT	C	-0.19%
CTOS	F	-0.19%
RPD	F	-0.19%
XHR	B	-0.19%
SHO	D	-0.19%
MYE	A	-0.19%
GRC	F	-0.19%
ATEC	D	-0.19%
ICFI	C	-0.19%
SGBX	D	-0.18%
IART	F	-0.18%
ZNTL	F	-0.18%
CEVA	D	-0.18%
ARVN	D	-0.18%
ALEC	F	-0.18%
XNCR	C	-0.18%
PRTA	F	-0.18%
RNG	D	-0.18%
YOU	F	-0.18%
TDOC	F	-0.18%
URBN	D	-0.18%
OSPN	B	-0.18%
SUM	D	-0.18%
TRDA	D	-0.18%
GDYN	D	-0.18%
NWL	D	-0.18%
PATK	D	-0.18%
RPAY	B	-0.18%
VIR	C	-0.17%
RCUS	F	-0.17%
ATRC	F	-0.17%
ABOS	F	-0.17%
SES	F	-0.17%
SWTX	D	-0.17%
FDMT	D	-0.17%
MBUU	F	-0.17%
HBI	F	-0.17%
SLAB	D	-0.17%
TTEC	F	-0.17%
CCSI	F	-0.17%
VTYX	F	-0.17%
BEAM	F	-0.16%
OPEN	F	-0.16%
TVTX	F	-0.16%
SPWR	F	-0.16%
HLVX	D	-0.16%
PL	F	-0.15%
FF	B	-0.15%
SAGE	F	-0.15%
HLIT	F	-0.15%
NRGV	F	-0.13%
SEB	C	-0.13%