AFSM vs. DSMC ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Distillate Small/Mid Cash Flow ETF (DSMC)

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

$32.64

Average Daily Volume

15,693

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

DSMC

Distillate Small/Mid Cash Flow ETF

DSMC Description

Distillate Small/Mid Cash Flow ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Distillate Capital Partners LLC and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. It employs proprietary research to create its portfolio. Distillate Small/Mid Cash Flow ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.81

Average Daily Volume

11,170

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	DSMC
30 Days	7.72%	7.74%
60 Days	6.49%	6.16%
90 Days	6.95%	5.92%
12 Months	33.58%	22.93%

63 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in DSMC	Overlap
AGX	B	0.25%	0.91%	0.25%
AMR	C	0.39%	1.46%	0.39%
AMWD	C	0.52%	0.58%	0.52%
ANDE	D	0.04%	0.45%	0.04%
APAM	B	0.06%	0.56%	0.06%
APOG	B	0.37%	0.59%	0.37%
ASC	F	0.19%	0.29%	0.19%
ASO	F	0.28%	0.62%	0.28%
ATKR	C	0.33%	1.27%	0.33%
BCC	B	0.72%	0.86%	0.72%
BKE	B	0.28%	0.57%	0.28%
BXC	B	0.54%	0.65%	0.54%
CAL	D	0.36%	0.36%	0.36%
CALM	A	0.72%	0.79%	0.72%
CEIX	A	0.67%	0.97%	0.67%
CHRD	D	0.11%	1.29%	0.11%
CNXN	C	0.35%	0.46%	0.35%
COLL	F	0.04%	0.38%	0.04%
CTS	C	0.06%	0.52%	0.06%
DDS	B	0.44%	1.84%	0.44%
DXC	B	0.3%	0.46%	0.3%
ETD	C	0.04%	0.43%	0.04%
EXTR	B	0.21%	0.45%	0.21%
GIII	D	0.25%	0.53%	0.25%
GMS	B	0.6%	0.7%	0.6%
GNK	D	0.25%	0.46%	0.25%
HCC	B	0.27%	0.69%	0.27%
HLX	B	0.22%	0.42%	0.22%
HRMY	D	0.36%	0.43%	0.36%
HSII	B	0.64%	0.55%	0.55%
HUBG	A	0.28%	0.54%	0.28%
IDCC	B	1.17%	1.54%	1.17%
INSW	F	0.2%	0.45%	0.2%
INVA	D	0.11%	0.45%	0.11%
JBI	F	0.03%	0.31%	0.03%
KBH	D	0.52%	0.99%	0.52%
LOPE	B	0.36%	0.76%	0.36%
LPG	F	0.32%	0.35%	0.32%
MATX	C	0.37%	0.91%	0.37%
MD	B	0.36%	0.6%	0.36%
NTCT	C	0.23%	0.47%	0.23%
NVST	B	0.17%	0.58%	0.17%
NX	C	0.21%	0.55%	0.21%
ODP	F	0.29%	0.42%	0.29%
PCRX	C	0.13%	0.51%	0.13%
PINC	B	0.46%	0.52%	0.46%
PLAB	C	0.43%	0.43%	0.43%
PRDO	B	0.47%	0.55%	0.47%
PRG	C	0.26%	0.54%	0.26%
REVG	B	0.05%	0.46%	0.05%
SBH	C	0.21%	0.48%	0.21%
SIG	B	0.37%	0.92%	0.37%
SLVM	B	0.65%	0.6%	0.6%
STRL	B	0.84%	1.17%	0.84%
SUPN	C	0.56%	0.49%	0.49%
SXC	A	0.27%	0.63%	0.27%
TDC	D	0.04%	0.52%	0.04%
TEX	D	0.47%	0.61%	0.47%
TMHC	B	0.7%	0.72%	0.7%
TPH	D	0.07%	0.54%	0.07%
VCTR	B	0.21%	0.61%	0.21%
WGO	C	0.07%	0.56%	0.07%
WNC	C	0.38%	0.46%	0.38%

AFSM Overweight 232 Positions Relative to DSMC

Symbol	Grade	Weight
MLI	C	1.38%
SKYW	B	1.22%
NHC	C	1.2%
SFM	A	1.0%
CPRX	C	0.93%
ALKS	B	0.93%
PFBC	B	0.87%
CRS	A	0.87%
DAKT	B	0.86%
ANF	C	0.82%
ZETA	D	0.81%
FIX	A	0.79%
EME	C	0.79%
MHO	D	0.78%
JXN	C	0.78%
CVLT	B	0.74%
MTG	C	0.73%
HALO	F	0.7%
UVE	B	0.7%
POWL	C	0.7%
TBBK	B	0.7%
RDN	C	0.7%
SANM	B	0.67%
MCY	A	0.65%
SLG	B	0.65%
AROC	B	0.64%
BMI	B	0.63%
COOP	B	0.63%
CRVL	A	0.62%
HWKN	B	0.61%
FDP	B	0.61%
GMED	A	0.61%
REZI	A	0.6%
UFPT	B	0.6%
PLUS	F	0.59%
NTB	B	0.58%
PRK	B	0.58%
EGBN	B	0.57%
NHI	D	0.57%
CORT	B	0.57%
NMIH	D	0.56%
BTU	B	0.55%
TGNA	B	0.55%
OFG	B	0.54%
CHCO	B	0.54%
CVNA	B	0.53%
BELFB	D	0.53%
STBA	B	0.53%
DOLE	D	0.53%
BRBR	A	0.52%
HIMS	C	0.51%
COKE	C	0.51%
MUSA	A	0.51%
GEO	B	0.51%
PI	D	0.5%
APPF	B	0.49%
WT	B	0.49%
ACT	D	0.49%
DFIN	D	0.46%
CSWI	A	0.46%
HRB	D	0.44%
USLM	A	0.43%
LNTH	D	0.43%
WFRD	D	0.42%
RMR	F	0.42%
IESC	B	0.41%
LGND	B	0.41%
YMAB	F	0.41%
EVER	F	0.41%
QTWO	A	0.4%
ADUS	D	0.4%
BDC	B	0.39%
PRGS	A	0.38%
INMD	C	0.38%
VRNT	C	0.38%
M	D	0.37%
RDNT	B	0.37%
YOU	D	0.37%
ANIP	F	0.37%
TILE	B	0.37%
BPMC	C	0.36%
CRAI	B	0.36%
LRN	A	0.36%
BLBD	D	0.36%
IIPR	D	0.36%
HIW	D	0.35%
CASH	A	0.35%
ESNT	D	0.34%
PDM	D	0.34%
MOG.A	B	0.34%
TRMK	B	0.34%
MTH	D	0.34%
CMC	B	0.33%
FBP	B	0.33%
PBF	D	0.32%
ATGE	B	0.32%
PFS	B	0.32%
CUZ	B	0.31%
SCS	C	0.31%
IBOC	A	0.31%
SPNS	F	0.3%
TWI	F	0.3%
CNK	B	0.3%
GRBK	D	0.3%
RXST	F	0.3%
BHE	B	0.29%
AKR	B	0.29%
CRDO	B	0.29%
DNOW	B	0.29%
HURN	B	0.29%
SBRA	C	0.29%
TCMD	A	0.29%
ADMA	B	0.28%
VIRT	B	0.28%
PHIN	A	0.28%
THFF	B	0.28%
AZZ	B	0.27%
MEDP	D	0.27%
AVNS	F	0.27%
ITCI	C	0.27%
BNL	D	0.27%
PSN	D	0.27%
ABG	B	0.26%
INTA	A	0.26%
BKU	A	0.26%
CCRN	F	0.26%
VRNS	D	0.26%
HCI	C	0.26%
BKH	A	0.26%
PIPR	B	0.25%
PRM	C	0.25%
HAE	C	0.23%
KN	B	0.23%
VNDA	C	0.23%
MED	F	0.23%
LMAT	A	0.23%
IMKTA	C	0.22%
HDSN	F	0.22%
SMP	B	0.22%
AMKR	D	0.21%
TMDX	F	0.21%
SIGA	F	0.21%
WABC	B	0.21%
PK	B	0.2%
BLFS	C	0.2%
ENS	D	0.2%
KRC	C	0.2%
CMPR	D	0.2%
NUS	D	0.2%
SGBX	F	0.19%
DHT	F	0.19%
ONTO	D	0.19%
ASGN	F	0.19%
NSSC	D	0.19%
TARS	B	0.19%
UCTT	D	0.18%
TPC	C	0.18%
TNC	D	0.18%
GOGL	F	0.18%
NAVI	C	0.18%
HOV	D	0.17%
TGTX	B	0.17%
ADNT	F	0.17%
AXSM	B	0.17%
BRC	D	0.16%
KELYA	F	0.16%
XRX	F	0.16%
SD	D	0.16%
HY	D	0.16%
HROW	D	0.16%
VSH	D	0.16%
SCSC	B	0.15%
SCVL	F	0.15%
GES	F	0.15%
STNG	F	0.15%
AIT	A	0.14%
NECB	B	0.14%
METC	C	0.14%
ALRM	C	0.14%
MRVI	F	0.14%
AYI	B	0.14%
EIG	B	0.13%
TWST	D	0.13%
CWCO	C	0.13%
MOV	C	0.13%
CSGS	B	0.13%
CECO	A	0.12%
CLW	F	0.12%
ALKT	B	0.12%
OSCR	D	0.11%
YEXT	A	0.11%
CGEM	F	0.11%
RAMP	C	0.1%
GFF	A	0.1%
AMCX	C	0.1%
ASTH	D	0.1%
SPSC	C	0.09%
MAX	F	0.09%
MLKN	D	0.08%
KRYS	B	0.08%
KTB	B	0.08%
ATLO	D	0.07%
PEBK	B	0.07%
CTRE	D	0.07%
FTDR	A	0.06%
GRND	A	0.06%
JWN	C	0.06%
OMI	F	0.06%
KSS	F	0.06%
SWX	B	0.05%
OGS	A	0.05%
AMPH	D	0.05%
NSIT	F	0.05%
ATEN	B	0.05%
HE	C	0.04%
AMN	F	0.04%
SEMR	B	0.04%
PHR	F	0.04%
FORM	D	0.04%
EOLS	D	0.04%
OTTR	C	0.04%
PGNY	F	0.03%
VITL	D	0.03%
RYI	C	0.03%
SWI	B	0.03%
EMBC	C	0.03%
LBRT	D	0.03%
ACLS	F	0.02%
ACIW	B	0.02%
MITK	C	0.0%
MAIN	A	0.0%
EPAC	B	0.0%

AFSM Underweight 78 Positions Relative to DSMC

Symbol	Grade	Weight
OC	A	-1.69%
TOL	B	-1.55%
ARCH	B	-1.3%
CF	B	-1.27%
WEX	D	-1.2%
TPR	B	-1.14%
ETSY	D	-1.13%
JAZZ	B	-1.06%
ALSN	B	-0.97%
CROX	D	-0.97%
TAP	C	-0.95%
RHI	B	-0.93%
VSCO	B	-0.91%
OVV	B	-0.88%
GPOR	B	-0.87%
OSK	B	-0.86%
QRVO	F	-0.83%
MTDR	B	-0.79%
THO	B	-0.79%
BBWI	D	-0.79%
AR	B	-0.74%
DOX	D	-0.73%
SEIC	B	-0.72%
SM	B	-0.71%
COLM	B	-0.69%
CRI	D	-0.69%
DINO	D	-0.68%
CIVI	D	-0.67%
BWA	D	-0.67%
CRC	A	-0.66%
LCII	C	-0.66%
G	B	-0.65%
RRC	B	-0.65%
VRTS	B	-0.64%
EEFT	B	-0.64%
FHI	A	-0.63%
BCO	D	-0.62%
IPG	D	-0.61%
DBX	B	-0.61%
LKQ	D	-0.6%
PBH	A	-0.6%
APA	D	-0.6%
ZD	B	-0.59%
MGY	A	-0.59%
VSTO	A	-0.58%
MOS	F	-0.57%
KFY	B	-0.57%
CHX	C	-0.56%
KLIC	B	-0.56%
MUR	D	-0.56%
MBUU	C	-0.54%
MCRI	A	-0.54%
IMXI	B	-0.53%
ROCK	C	-0.52%
ARLP	A	-0.52%
OXM	D	-0.52%
AB	C	-0.51%
SHOO	D	-0.51%
EVRI	A	-0.5%
CLF	F	-0.49%
GDEN	B	-0.48%
MAN	D	-0.48%
CARS	B	-0.48%
DIOD	D	-0.47%
BSM	B	-0.47%
EXPI	C	-0.47%
WKC	D	-0.47%
KRP	B	-0.46%
TRIP	F	-0.46%
NSP	D	-0.45%
COHU	C	-0.44%
XRAY	F	-0.43%
RES	D	-0.42%
SSTK	F	-0.42%
RPAY	D	-0.42%
RGR	F	-0.42%
WOR	F	-0.41%
SCHL	D	-0.36%