AFSM vs. SBB ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to ProShares Short SmallCap600 (SBB)

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

$27.95

Average Daily Volume

1,583

Number of Holdings ^*

304

* may have additional holdings in another (foreign) market

SBB

ProShares Short SmallCap600

SBB Description

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.54

Average Daily Volume

2,144

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	SBB
30 Days	-3.80%	3.91%
60 Days	1.47%	-0.70%
90 Days	-2.55%	3.42%
12 Months	16.16%	-4.92%

16 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in SBB	Overlap
AIT	C	0.11%	0.33%	0.11%
AMN	F	0.09%	0.4%	0.09%
BRC	B	0.15%	0.37%	0.15%
FBP	C	0.31%	0.28%	0.28%
MEDP	B	0.34%	0.32%	0.32%
MOG.A	C	0.29%	0.38%	0.29%
MTH	D	0.36%	0.3%	0.3%
NMIH	B	0.55%	0.29%	0.29%
NSIT	B	0.4%	0.32%	0.32%
PRGS	F	0.33%	0.28%	0.28%
QLYS	D	0.26%	0.36%	0.26%
SANM	B	0.63%	0.31%	0.31%
SKYW	B	1.11%	0.42%	0.42%
SSD	D	0.29%	0.43%	0.29%
STRA	D	0.28%	0.45%	0.28%
WTS	D	0.3%	0.36%	0.3%

AFSM Overweight 288 Positions Relative to SBB

Symbol	Grade	Weight
ANF	B	1.29%
TNK	B	1.16%
BCC	D	1.04%
ALKS	C	0.9%
IDCC	A	0.88%
ESGR	B	0.85%
NHC	A	0.84%
FIX	C	0.83%
EME	B	0.78%
MOD	D	0.78%
PFBC	C	0.77%
PLAB	F	0.73%
RDN	C	0.73%
ELF	B	0.71%
MTG	B	0.71%
CPRX	C	0.71%
WFRD	C	0.7%
UVE	D	0.69%
MHO	C	0.69%
VRNT	C	0.67%
COOP	B	0.66%
MLI	C	0.66%
ARCH	D	0.65%
STRL	C	0.65%
GMS	D	0.63%
MUSA	A	0.63%
UFPT	B	0.63%
TMHC	D	0.63%
AROC	D	0.62%
APPF	C	0.61%
BMI	B	0.61%
NTB	B	0.6%
CEIX	C	0.6%
LPG	C	0.6%
ATKR	F	0.59%
GMED	B	0.58%
DDS	D	0.57%
REZI	D	0.57%
DAKT	C	0.56%
AMR	F	0.56%
M	D	0.54%
EVER	D	0.54%
OFG	C	0.54%
TEX	D	0.54%
BRBR	D	0.54%
PBF	F	0.53%
MCY	C	0.52%
CRVL	C	0.52%
PLUS	D	0.52%
HSII	B	0.52%
BTU	D	0.52%
BXC	F	0.51%
SLG	B	0.51%
BELFB	C	0.51%
CHCO	C	0.5%
ACT	C	0.5%
KBH	B	0.5%
LNTH	C	0.49%
ODP	F	0.49%
DFIN	D	0.49%
TBBK	C	0.48%
SIG	D	0.48%
SUPN	D	0.48%
AMWD	F	0.48%
TGNA	D	0.47%
RMR	D	0.47%
WNC	D	0.46%
CAL	C	0.46%
PRDO	D	0.46%
PRK	B	0.46%
FDP	D	0.46%
TNC	C	0.46%
ANIP	D	0.45%
DOLE	C	0.45%
PINC	F	0.44%
STBA	C	0.44%
RXST	D	0.44%
ONTO	B	0.43%
HIMS	C	0.43%
NUS	F	0.43%
ADUS	A	0.43%
BPMC	B	0.43%
INMD	D	0.42%
CCRN	F	0.41%
ASC	B	0.41%
HDSN	F	0.41%
POWL	C	0.41%
ESNT	B	0.4%
SPNS	B	0.4%
YMAB	D	0.4%
EGBN	D	0.38%
CWCO	F	0.37%
IIPR	B	0.37%
CRS	C	0.36%
CORT	C	0.36%
GNK	C	0.35%
CRAI	B	0.35%
BDC	B	0.35%
CNXN	C	0.35%
ASO	D	0.34%
OSCR	D	0.34%
CBZ	D	0.34%
SLVM	B	0.34%
TWI	F	0.34%
ALRM	D	0.34%
HRMY	C	0.34%
INSW	B	0.33%
OTTR	D	0.33%
SCS	C	0.33%
LOPE	D	0.33%
AMKR	B	0.32%
SFM	B	0.32%
MATX	B	0.32%
CVLT	A	0.32%
RDNT	B	0.31%
HIW	B	0.31%
LGND	C	0.31%
DNOW	D	0.31%
CMC	C	0.31%
APOG	D	0.31%
VNDA	B	0.3%
CALM	D	0.3%
XRX	F	0.3%
JXN	B	0.3%
IBOC	C	0.3%
AVNS	C	0.3%
PRMW	C	0.3%
SFL	C	0.29%
MED	F	0.29%
HWKN	B	0.29%
HCC	D	0.29%
COKE	B	0.29%
GEO	D	0.29%
DXC	D	0.29%
PSN	C	0.29%
NHI	B	0.28%
BNL	B	0.28%
YOU	B	0.28%
LRN	B	0.28%
GRBK	B	0.28%
ANDE	D	0.28%
HUBG	B	0.28%
UCTT	B	0.28%
AZZ	C	0.28%
ADNT	F	0.27%
CLW	B	0.27%
PDM	B	0.27%
BHE	B	0.27%
CASH	B	0.27%
AMRK	D	0.27%
SKT	D	0.27%
QTWO	C	0.27%
VSH	F	0.26%
HLX	C	0.26%
STNG	A	0.26%
BKH	C	0.26%
BKE	C	0.26%
ABG	B	0.26%
HY	B	0.26%
KELYA	C	0.25%
HURN	C	0.25%
HAE	D	0.25%
GIII	D	0.25%
MAC	D	0.25%
PCRX	C	0.25%
CMPR	D	0.25%
HCI	D	0.25%
TILE	D	0.25%
NSSC	B	0.25%
PRG	C	0.25%
AMPH	F	0.25%
ENS	B	0.25%
CUZ	C	0.25%
OSIS	D	0.25%
TCMD	F	0.25%
GOGL	C	0.24%
BLBD	B	0.24%
THFF	D	0.24%
RAMP	D	0.24%
SXC	D	0.24%
HRB	A	0.24%
IMKTA	F	0.24%
SBRA	A	0.24%
DHT	C	0.24%
KN	B	0.24%
MRVI	F	0.23%
OPCH	D	0.23%
PFS	D	0.23%
NX	F	0.23%
PK	D	0.23%
ITCI	B	0.23%
TMDX	B	0.22%
SMP	D	0.22%
NTCT	D	0.22%
GES	F	0.22%
ZETA	C	0.22%
WINA	D	0.22%
BKU	C	0.21%
SD	D	0.21%
AMCX	D	0.21%
SBH	F	0.21%
PI	D	0.21%
SIGA	D	0.21%
KNSA	D	0.2%
WABC	D	0.2%
NAVI	D	0.2%
KFRC	D	0.2%
LMAT	B	0.2%
MD	D	0.19%
SGBX	F	0.19%
HOV	D	0.19%
MOV	D	0.19%
IDYA	D	0.19%
PIPR	B	0.18%
EXTR	C	0.18%
INTA	C	0.18%
KRC	F	0.18%
CVNA	B	0.18%
DFH	F	0.18%
TWST	B	0.17%
CHRD	D	0.17%
NVST	F	0.17%
AXSM	B	0.16%
LQDA	C	0.16%
CGEM	D	0.16%
SCSC	D	0.15%
TARS	D	0.15%
MAX	D	0.15%
PARR	F	0.15%
TPC	B	0.14%
BASE	F	0.14%
CLSK	C	0.14%
CECO	C	0.13%
AYI	D	0.13%
VCTR	D	0.12%
SPSC	B	0.11%
EIG	C	0.11%
CSGS	D	0.11%
QTRX	F	0.1%
GFF	D	0.1%
INVA	B	0.1%
ASTH	B	0.1%
ALKT	C	0.1%
OMI	D	0.09%
KRYS	B	0.09%
KSS	D	0.09%
MLKN	D	0.09%
VGR	B	0.09%
ROCK	D	0.09%
CSWI	A	0.08%
WGO	F	0.08%
YEXT	F	0.08%
TPH	D	0.07%
ALXO	F	0.07%
TGTX	B	0.07%
KTB	B	0.07%
JBI	D	0.06%
CTRE	B	0.06%
CTS	B	0.06%
VSTO	C	0.06%
KAI	B	0.06%
HALO	B	0.06%
JWN	B	0.06%
FORM	B	0.06%
HE	F	0.05%
ETD	D	0.05%
VCEL	C	0.05%
SEMR	D	0.05%
VITL	B	0.05%
OGS	F	0.05%
IESC	D	0.05%
PGNY	F	0.05%
ATEN	D	0.05%
ASGN	D	0.05%
COLL	D	0.05%
SWX	D	0.05%
LBRT	D	0.05%
APAM	D	0.05%
TDC	D	0.05%
ZEUS	F	0.04%
ACLS	B	0.04%
PHR	D	0.04%
EOLS	F	0.04%
RYI	F	0.03%
EMBC	C	0.03%
SWI	B	0.03%
EYPT	F	0.01%
MITK	D	0.0%

AFSM Underweight 76 Positions Relative to SBB

Symbol	Grade	Weight
DAR	F	-0.61%
GBCI	D	-0.49%
BLD	C	-0.48%
JBT	C	-0.47%
EXPO	B	-0.47%
NEOG	C	-0.47%
VIAV	F	-0.46%
OMCL	F	-0.46%
CBU	D	-0.46%
BCPC	B	-0.44%
NEO	F	-0.43%
SHOO	B	-0.42%
AVA	D	-0.42%
B	B	-0.41%
AWR	D	-0.41%
UNF	F	-0.41%
LAD	F	-0.41%
ONB	C	-0.4%
CNMD	F	-0.4%
CCOI	F	-0.39%
ADC	B	-0.39%
POWI	D	-0.39%
ITRI	C	-0.39%
UFPI	C	-0.38%
SFNC	D	-0.38%
CVBF	D	-0.37%
PRLB	F	-0.37%
ITGR	C	-0.37%
JJSF	B	-0.36%
AEIS	B	-0.36%
ABCB	C	-0.36%
CROX	B	-0.36%
INDB	F	-0.35%
WING	B	-0.35%
WWW	B	-0.35%
LCII	F	-0.35%
COLB	F	-0.35%
ABM	A	-0.34%
WDFC	D	-0.34%
FOXF	C	-0.34%
LXP	B	-0.34%
SEM	B	-0.33%
ESE	D	-0.33%
AEL	A	-0.33%
IOSP	D	-0.33%
IRDM	F	-0.33%
ARI	D	-0.33%
ROG	C	-0.32%
CWT	D	-0.32%
MNRO	F	-0.32%
GTLS	F	-0.32%
FUL	C	-0.32%
SAIA	B	-0.32%
LPSN	D	-0.32%
AIN	D	-0.31%
HI	D	-0.31%
DIOD	B	-0.31%
EBS	B	-0.31%
IVR	B	-0.31%
EXLS	C	-0.31%
FN	B	-0.31%
FELE	C	-0.3%
PMT	D	-0.3%
SPXC	A	-0.3%
ALGT	F	-0.3%
ENSG	B	-0.3%
KFY	B	-0.3%
FFBC	D	-0.3%
ACA	B	-0.29%
AAT	B	-0.29%
DORM	B	-0.29%
PLXS	C	-0.29%
XHR	D	-0.29%
KWR	F	-0.28%
AKR	B	-0.28%
NWN	F	-0.28%