AFSM vs. SLYG ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 Growth Index) (SLYG)

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

SLYG

SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 Growth Index)

SLYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of small capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. In seeking to track the performance of the S&P SmallCap 600 Growth Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the small-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$99.02

Average Daily Volume

125,508

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	SLYG
30 Days	7.72%	8.97%
60 Days	6.49%	6.59%
90 Days	6.95%	7.11%
12 Months	33.58%	33.74%

107 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in SLYG	Overlap
ABG	B	0.25%	0.37%	0.25%
ACIW	B	0.02%	0.52%	0.02%
ACLS	F	0.02%	0.34%	0.02%
ADMA	B	0.28%	0.66%	0.28%
ADUS	D	0.4%	0.13%	0.13%
ALKS	B	0.91%	0.42%	0.42%
ALRM	C	0.14%	0.43%	0.14%
AMN	F	0.04%	0.08%	0.04%
AMPH	D	0.05%	0.25%	0.05%
AMR	C	0.42%	0.39%	0.39%
AMWD	C	0.5%	0.12%	0.12%
ANDE	D	0.05%	0.12%	0.05%
ANIP	F	0.35%	0.13%	0.13%
APAM	B	0.06%	0.27%	0.06%
APOG	B	0.36%	0.12%	0.12%
AROC	B	0.69%	0.59%	0.59%
ASTH	D	0.1%	0.25%	0.1%
ATEN	B	0.05%	0.08%	0.05%
ATGE	B	0.32%	0.48%	0.32%
AZZ	B	0.28%	0.37%	0.28%
BCC	B	0.72%	0.8%	0.72%
BKE	B	0.3%	0.13%	0.13%
BLFS	C	0.2%	0.06%	0.06%
BMI	B	0.63%	0.92%	0.63%
BRC	D	0.15%	0.29%	0.15%
BTU	B	0.55%	0.22%	0.22%
CALM	A	0.78%	0.56%	0.56%
CASH	A	0.36%	0.29%	0.29%
CEIX	A	0.68%	0.49%	0.49%
CHCO	B	0.54%	0.16%	0.16%
CNK	B	0.32%	0.5%	0.32%
COLL	F	0.04%	0.14%	0.04%
CORT	B	0.57%	0.46%	0.46%
CPRX	C	0.88%	0.34%	0.34%
CRS	A	0.93%	1.31%	0.93%
CRVL	A	0.63%	0.47%	0.47%
CSGS	B	0.14%	0.11%	0.11%
CSWI	A	0.47%	1.0%	0.47%
CTRE	D	0.08%	0.47%	0.08%
CTS	C	0.05%	0.13%	0.05%
DFIN	D	0.45%	0.23%	0.23%
EPAC	B	0.0%	0.25%	0.0%
ETD	C	0.04%	0.04%	0.04%
EXTR	B	0.2%	0.18%	0.18%
FBP	B	0.33%	0.49%	0.33%
FORM	D	0.04%	0.43%	0.04%
FTDR	A	0.06%	0.61%	0.06%
GES	F	0.15%	0.07%	0.07%
GFF	A	0.12%	0.3%	0.12%
GMS	B	0.6%	0.58%	0.58%
GRBK	D	0.3%	0.31%	0.3%
HCC	B	0.28%	0.51%	0.28%
HCI	C	0.26%	0.13%	0.13%
HLX	B	0.23%	0.21%	0.21%
HRMY	D	0.35%	0.08%	0.08%
HWKN	B	0.64%	0.34%	0.34%
IDCC	A	1.19%	0.67%	0.67%
IIPR	D	0.37%	0.24%	0.24%
INVA	D	0.11%	0.08%	0.08%
KN	B	0.22%	0.09%	0.09%
KRYS	B	0.08%	0.43%	0.08%
KTB	B	0.08%	0.66%	0.08%
LBRT	D	0.04%	0.43%	0.04%
LMAT	A	0.24%	0.31%	0.24%
LPG	F	0.32%	0.14%	0.14%
LRN	A	0.38%	0.63%	0.38%
MATX	C	0.35%	0.75%	0.35%
MHO	D	0.76%	0.62%	0.62%
MLI	C	1.38%	1.5%	1.38%
MOG.A	B	0.34%	0.92%	0.34%
MTH	D	0.34%	0.94%	0.34%
NHC	C	1.15%	0.1%	0.1%
NMIH	D	0.58%	0.28%	0.28%
NSIT	F	0.05%	0.4%	0.05%
NX	C	0.21%	0.14%	0.14%
OFG	B	0.54%	0.3%	0.3%
OTTR	C	0.05%	0.49%	0.05%
PFBC	B	0.88%	0.17%	0.17%
PGNY	F	0.02%	0.16%	0.02%
PI	D	0.49%	0.4%	0.4%
PIPR	B	0.25%	0.38%	0.25%
PLAB	C	0.42%	0.15%	0.15%
PLUS	F	0.51%	0.19%	0.19%
POWL	C	0.55%	0.39%	0.39%
PRDO	B	0.51%	0.13%	0.13%
PRG	C	0.26%	0.29%	0.26%
PRGS	A	0.39%	0.41%	0.39%
PRK	B	0.59%	0.16%	0.16%
RAMP	C	0.1%	0.28%	0.1%
RDN	C	0.72%	0.41%	0.41%
RDNT	B	0.37%	0.75%	0.37%
SIG	B	0.39%	0.62%	0.39%
SKYW	B	1.22%	0.35%	0.35%
SPSC	C	0.09%	0.96%	0.09%
STBA	B	0.54%	0.12%	0.12%
SUPN	C	0.58%	0.11%	0.11%
SWI	B	0.03%	0.05%	0.03%
TBBK	B	0.69%	0.4%	0.4%
TGTX	B	0.18%	0.58%	0.18%
TMDX	F	0.19%	0.39%	0.19%
TNC	D	0.18%	0.24%	0.18%
TPH	D	0.07%	0.35%	0.07%
UFPT	B	0.55%	0.3%	0.3%
WABC	B	0.21%	0.13%	0.13%
WGO	C	0.07%	0.14%	0.07%
WT	B	0.55%	0.2%	0.2%
YOU	D	0.37%	0.24%	0.24%

AFSM Overweight 188 Positions Relative to SLYG

Symbol	Grade	Weight
SFM	A	1.03%
STRL	B	0.86%
DAKT	B	0.85%
ANF	C	0.84%
FIX	A	0.84%
EME	C	0.82%
CVLT	B	0.77%
MTG	C	0.76%
JXN	C	0.72%
UVE	B	0.72%
TMHC	B	0.7%
MCY	A	0.67%
REZI	A	0.66%
SANM	B	0.65%
SLG	B	0.65%
GMED	A	0.65%
COOP	B	0.64%
HSII	B	0.63%
FDP	B	0.63%
SLVM	B	0.62%
NTB	B	0.59%
NHI	D	0.57%
GEO	B	0.57%
BRBR	A	0.57%
EGBN	B	0.56%
TGNA	B	0.56%
HALO	F	0.55%
BXC	B	0.55%
ZETA	D	0.54%
MUSA	A	0.54%
CVNA	B	0.54%
COKE	C	0.54%
APPF	B	0.51%
ACT	D	0.51%
KBH	D	0.51%
BELFB	C	0.51%
DOLE	D	0.5%
DDS	B	0.5%
PINC	B	0.47%
LNTH	D	0.47%
TEX	D	0.46%
USLM	A	0.44%
HRB	D	0.43%
QTWO	A	0.42%
HIMS	B	0.42%
WFRD	D	0.4%
RMR	F	0.4%
IESC	B	0.39%
TILE	B	0.39%
LGND	B	0.39%
BDC	B	0.39%
EVER	F	0.39%
INMD	C	0.38%
VRNT	C	0.38%
WNC	C	0.37%
LOPE	B	0.36%
BLBD	D	0.36%
CAL	D	0.36%
M	D	0.36%
HIW	D	0.35%
CNXN	C	0.35%
ESNT	D	0.35%
BPMC	C	0.35%
CRAI	B	0.35%
TRMK	B	0.34%
PBF	D	0.34%
MD	B	0.34%
CMC	B	0.33%
PFS	B	0.32%
PDM	D	0.32%
YMAB	F	0.31%
ATKR	C	0.31%
RXST	F	0.31%
SCS	C	0.31%
CUZ	B	0.31%
IBOC	A	0.31%
ODP	F	0.3%
TCMD	A	0.3%
DNOW	B	0.3%
VIRT	B	0.3%
AKR	B	0.3%
SBRA	C	0.29%
THFF	B	0.29%
PHIN	A	0.29%
SPNS	F	0.29%
DXC	B	0.29%
HUBG	A	0.29%
BKH	A	0.28%
BHE	B	0.28%
BNL	D	0.28%
CRDO	B	0.28%
TWI	F	0.28%
SXC	A	0.28%
HURN	B	0.28%
ITCI	C	0.27%
BKU	A	0.27%
CCRN	F	0.26%
ASO	F	0.26%
INTA	A	0.26%
VRNS	D	0.26%
GIII	D	0.25%
AGX	B	0.25%
MEDP	D	0.25%
GNK	D	0.25%
PRM	C	0.25%
HDSN	F	0.24%
PSN	D	0.24%
AVNS	F	0.24%
MED	F	0.23%
NTCT	C	0.23%
SMP	B	0.22%
IMKTA	C	0.22%
HAE	C	0.22%
VNDA	C	0.22%
NUS	D	0.22%
SBH	C	0.22%
VCTR	B	0.21%
INSW	F	0.21%
KRC	C	0.2%
ENS	D	0.2%
PK	B	0.2%
DHT	F	0.2%
AMKR	D	0.2%
CMPR	D	0.2%
ASC	F	0.2%
NAVI	C	0.19%
UCTT	D	0.19%
SGBX	F	0.19%
GOGL	F	0.19%
AXSM	B	0.19%
NSSC	D	0.19%
TARS	B	0.19%
TPC	C	0.18%
ONTO	D	0.18%
SIGA	F	0.18%
HOV	D	0.17%
SD	D	0.17%
HY	D	0.17%
ASGN	F	0.17%
NVST	B	0.17%
XRX	F	0.16%
STNG	F	0.16%
ADNT	F	0.16%
METC	C	0.15%
SCSC	B	0.15%
VSH	D	0.15%
SCVL	F	0.14%
AIT	A	0.14%
HROW	D	0.14%
OSCR	D	0.14%
CWCO	C	0.14%
AYI	B	0.14%
NECB	B	0.14%
CECO	A	0.14%
KELYA	F	0.14%
EIG	B	0.13%
MOV	C	0.13%
ALKT	B	0.13%
PCRX	C	0.13%
TWST	D	0.12%
CLW	F	0.12%
MRVI	F	0.12%
YEXT	A	0.11%
AMCX	C	0.11%
CHRD	D	0.11%
MAX	F	0.1%
CGEM	F	0.09%
MLKN	D	0.08%
PEBK	B	0.08%
ATLO	D	0.07%
GRND	A	0.06%
KSS	F	0.06%
JWN	C	0.06%
REVG	B	0.05%
SWX	B	0.05%
OGS	A	0.05%
OMI	F	0.05%
PHR	F	0.04%
TDC	D	0.04%
HE	C	0.04%
SEMR	B	0.04%
EOLS	D	0.04%
JBI	F	0.03%
VITL	D	0.03%
EMBC	C	0.03%
RYI	C	0.03%
MITK	C	0.0%
MAIN	A	0.0%

AFSM Underweight 237 Positions Relative to SLYG

Symbol	Grade	Weight
GKOS	B	-1.1%
ATI	D	-1.03%
AWI	A	-0.98%
AVAV	D	-0.81%
FSS	B	-0.81%
MARA	C	-0.78%
GPI	A	-0.77%
SM	B	-0.75%
MGY	A	-0.75%
IBP	D	-0.7%
SHAK	C	-0.68%
ITGR	B	-0.66%
FELE	B	-0.61%
BOOT	D	-0.6%
NOG	A	-0.6%
SKT	B	-0.58%
CRC	B	-0.58%
INSP	D	-0.57%
CVCO	A	-0.56%
ESE	B	-0.55%
WDFC	B	-0.55%
VRRM	D	-0.54%
MSGS	A	-0.53%
MMSI	B	-0.52%
APLE	B	-0.51%
CCOI	B	-0.49%
AEO	F	-0.47%
BCPC	B	-0.47%
CARG	C	-0.45%
SHOO	D	-0.45%
ACA	A	-0.44%
BOX	B	-0.44%
EPRT	B	-0.44%
PATK	D	-0.43%
GSHD	A	-0.42%
OII	B	-0.41%
MC	C	-0.41%
PLMR	B	-0.41%
DV	C	-0.4%
WHD	B	-0.4%
AGYS	A	-0.4%
AX	A	-0.4%
AGO	B	-0.4%
JJSF	B	-0.38%
VCEL	B	-0.38%
DORM	B	-0.37%
ITRI	B	-0.37%
ETSY	D	-0.37%
ARCB	C	-0.37%
AEIS	B	-0.37%
PECO	A	-0.36%
TDW	F	-0.36%
ZWS	B	-0.35%
YELP	C	-0.35%
OSIS	B	-0.35%
SXI	B	-0.35%
KFY	B	-0.34%
EAT	A	-0.34%
MYRG	B	-0.34%
BGC	C	-0.34%
MTRN	C	-0.34%
EVTC	B	-0.33%
IPAR	B	-0.33%
JBT	B	-0.33%
TFIN	A	-0.32%
SFBS	B	-0.32%
SMPL	B	-0.32%
SITM	B	-0.32%
CNMD	C	-0.32%
URBN	C	-0.32%
MGEE	C	-0.31%
PJT	A	-0.31%
ROCK	C	-0.31%
GVA	A	-0.31%
PRVA	B	-0.31%
ALG	B	-0.3%
SEE	C	-0.3%
SHO	C	-0.3%
ARCH	B	-0.3%
FUL	F	-0.29%
BL	B	-0.29%
PLXS	B	-0.28%
JOE	F	-0.28%
NEO	C	-0.28%
PBH	A	-0.28%
IOSP	B	-0.27%
LCII	C	-0.27%
DRH	B	-0.27%
CATY	B	-0.26%
HP	B	-0.26%
PTGX	C	-0.25%
RUSHA	C	-0.25%
AWR	B	-0.25%
AIR	B	-0.25%
RXO	C	-0.25%
GTES	A	-0.24%
PTEN	C	-0.24%
UE	C	-0.24%
TRN	C	-0.23%
WSFS	A	-0.23%
SMTC	B	-0.23%
HNI	B	-0.23%
KLIC	B	-0.23%
NPO	A	-0.23%
CUBI	C	-0.23%
NARI	C	-0.22%
WD	D	-0.22%
VECO	F	-0.22%
BANF	B	-0.22%
TRIP	F	-0.22%
DIOD	D	-0.22%
TDS	B	-0.22%
SXT	B	-0.21%
DVAX	C	-0.21%
SPNT	A	-0.21%
ENV	B	-0.2%
IAC	D	-0.2%
DOCN	D	-0.19%
CPK	A	-0.19%
MTX	B	-0.19%
CNS	B	-0.19%
CCS	D	-0.18%
CWT	D	-0.18%
KWR	C	-0.18%
UNF	B	-0.18%
BOH	B	-0.18%
AIN	C	-0.18%
STEP	B	-0.18%
LGIH	D	-0.18%
PLAY	D	-0.17%
FCPT	C	-0.17%
ROG	D	-0.17%
PAYO	A	-0.16%
CARS	B	-0.16%
OXM	D	-0.16%
ARLO	C	-0.16%
XPEL	C	-0.15%
CAKE	C	-0.15%
PARR	D	-0.15%
ENR	B	-0.15%
WS	B	-0.15%
AL	B	-0.15%
EXPI	C	-0.15%
MCRI	A	-0.15%
OUT	A	-0.15%
EFC	C	-0.15%
STRA	C	-0.14%
LZB	B	-0.14%
VRTS	B	-0.14%
TNDM	F	-0.13%
FCF	A	-0.13%
LKFN	B	-0.13%
XHR	B	-0.13%
UPBD	B	-0.13%
JACK	D	-0.13%
MP	B	-0.13%
VVI	C	-0.13%
PDFS	C	-0.13%
RWT	D	-0.13%
TRUP	B	-0.12%
VSTS	C	-0.12%
CALX	D	-0.12%
WOR	F	-0.12%
UNIT	B	-0.11%
PZZA	D	-0.11%
XNCR	B	-0.11%
USPH	B	-0.11%
HLIT	D	-0.11%
SABR	C	-0.11%
STAA	F	-0.11%
LNN	B	-0.1%
MYGN	F	-0.1%
MXL	C	-0.1%
GTY	B	-0.1%
SJW	D	-0.1%
LTC	B	-0.1%
REX	D	-0.1%
ARI	C	-0.1%
SHEN	F	-0.09%
VRE	B	-0.09%
AMBC	C	-0.09%
FIZZ	C	-0.09%
PRLB	A	-0.09%
THRM	D	-0.09%
BHLB	B	-0.09%
CERT	F	-0.09%
VICR	B	-0.09%
CRK	B	-0.09%
MSEX	B	-0.08%
AORT	B	-0.08%
SDGR	C	-0.08%
LQDT	B	-0.08%
NABL	F	-0.07%
TTGT	C	-0.07%
MATW	C	-0.07%
BLMN	F	-0.07%
MRTN	C	-0.07%
RES	D	-0.07%
COHU	C	-0.07%
AMSF	B	-0.07%
BSIG	A	-0.07%
FOXF	F	-0.07%
WRLD	C	-0.06%
SBSI	B	-0.06%
MGPI	F	-0.06%
MMI	B	-0.06%
JBSS	D	-0.06%
VTLE	C	-0.06%
HSTM	B	-0.06%
CLB	B	-0.06%
WOLF	F	-0.06%
KOP	C	-0.06%
UTL	B	-0.06%
GDEN	B	-0.06%
HAYN	C	-0.06%
WSR	A	-0.05%
MTUS	C	-0.05%
RCUS	F	-0.05%
IRWD	F	-0.05%
TR	B	-0.05%
AHH	D	-0.05%
MCW	B	-0.05%
INN	D	-0.05%
CVI	F	-0.05%
SSTK	F	-0.05%
IIIN	C	-0.05%
UHT	D	-0.04%
SEDG	F	-0.04%
SNCY	C	-0.04%
SLP	D	-0.04%
CEVA	B	-0.04%
HTLD	B	-0.04%
MYE	F	-0.03%
RGNX	F	-0.03%
GOGO	C	-0.03%
BFS	C	-0.03%
NPK	B	-0.02%