AVSC vs. SPSM ETF Comparison

Comparison of Avantis U.S. Small Cap Equity ETF (AVSC) to SPDR Portfolio Small Cap ETF (SPSM)

AVSC

Avantis U.S. Small Cap Equity ETF

AVSC Description

Avantis U.S. Small Cap Equity ETF is an exchange traded fund launched and managed by American Century Investment Management, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of small-cap companies. The fund seeks to benchmark the performance of its portfolio against the Russell 2000 Index. Avantis U.S. Small Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$59.57

Average Daily Volume

73,096

Number of Holdings ^*

1130

* may have additional holdings in another (foreign) market

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.55

Average Daily Volume

1,582,217

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

Performance

Period	AVSC	SPSM
30 Days	11.89%	11.30%
60 Days	11.18%	10.04%
90 Days	10.41%	10.57%
12 Months	32.99%	34.06%

342 Overlapping Holdings

Symbol	Grade	Weight in AVSC	Weight in SPSM	Overlap
AAP	C	0.08%	0.17%	0.08%
ABCB	B	0.0%	0.32%	0.0%
ACLS	F	0.03%	0.17%	0.03%
ADNT	F	0.18%	0.12%	0.12%
ADUS	D	0.25%	0.15%	0.15%
AHCO	D	0.1%	0.07%	0.07%
AIN	C	0.15%	0.18%	0.15%
AIR	B	0.05%	0.17%	0.05%
ALG	C	0.11%	0.14%	0.11%
ALGT	B	0.14%	0.08%	0.08%
ALRM	C	0.1%	0.21%	0.1%
AMBC	C	0.07%	0.04%	0.04%
AMN	F	0.08%	0.07%	0.07%
AMPH	F	0.18%	0.12%	0.12%
AMR	C	0.02%	0.19%	0.02%
AMSF	B	0.13%	0.08%	0.08%
AMWD	B	0.18%	0.11%	0.11%
ANDE	D	0.19%	0.11%	0.11%
ANIP	D	0.11%	0.06%	0.06%
AORT	B	0.1%	0.07%	0.07%
AOSL	C	0.09%	0.05%	0.05%
APOG	B	0.2%	0.13%	0.13%
ARCB	C	0.18%	0.18%	0.18%
ARCH	B	0.23%	0.21%	0.21%
ASIX	A	0.09%	0.06%	0.06%
ASTE	C	0.1%	0.06%	0.06%
ASTH	F	0.13%	0.12%	0.12%
ATEN	B	0.14%	0.09%	0.09%
ATGE	B	0.39%	0.23%	0.23%
AVA	B	0.28%	0.22%	0.22%
AVNS	F	0.1%	0.06%	0.06%
AXL	C	0.08%	0.05%	0.05%
AZZ	B	0.29%	0.18%	0.18%
BANC	B	0.25%	0.16%	0.16%
BANR	B	0.31%	0.18%	0.18%
BFH	B	0.37%	0.2%	0.2%
BGS	F	0.06%	0.04%	0.04%
BHE	B	0.22%	0.12%	0.12%
BHLB	B	0.16%	0.09%	0.09%
BJRI	B	0.1%	0.06%	0.06%
BKE	B	0.18%	0.1%	0.1%
BKU	B	0.39%	0.22%	0.22%
BLMN	F	0.13%	0.07%	0.07%
BOH	B	0.33%	0.22%	0.22%
BRKL	B	0.13%	0.08%	0.08%
BTU	C	0.28%	0.24%	0.24%
CABO	C	0.1%	0.13%	0.1%
CAKE	B	0.25%	0.16%	0.16%
CAL	D	0.13%	0.07%	0.07%
CALX	F	0.17%	0.12%	0.12%
CARG	C	0.33%	0.22%	0.22%
CARS	B	0.14%	0.08%	0.08%
CASH	B	0.25%	0.14%	0.14%
CATY	B	0.26%	0.26%	0.26%
CBRL	C	0.13%	0.08%	0.08%
CCS	D	0.23%	0.17%	0.17%
CEIX	A	0.26%	0.24%	0.24%
CENT	C	0.03%	0.03%	0.03%
CENTA	C	0.2%	0.12%	0.12%
CENX	B	0.12%	0.08%	0.08%
CEVA	B	0.07%	0.05%	0.05%
CHCO	B	0.22%	0.13%	0.13%
CHEF	B	0.14%	0.1%	0.1%
CLB	C	0.11%	0.07%	0.07%
CNK	B	0.27%	0.24%	0.24%
CNMD	C	0.23%	0.15%	0.15%
CNSL	C	0.04%	0.03%	0.03%
CNXN	C	0.1%	0.06%	0.06%
COHU	C	0.13%	0.08%	0.08%
COLL	F	0.11%	0.07%	0.07%
CORT	B	0.22%	0.35%	0.22%
CPF	B	0.11%	0.06%	0.06%
CPK	A	0.31%	0.21%	0.21%
CPRX	C	0.18%	0.17%	0.17%
CRGY	B	0.21%	0.15%	0.15%
CRK	B	0.0%	0.09%	0.0%
CRSR	C	0.0%	0.02%	0.0%
CSGS	B	0.18%	0.11%	0.11%
CTKB	C	0.08%	0.05%	0.05%
CTS	B	0.19%	0.12%	0.12%
CUBI	C	0.18%	0.11%	0.11%
CVBF	B	0.35%	0.21%	0.21%
CVI	F	0.04%	0.05%	0.04%
CWK	B	0.29%	0.23%	0.23%
CWT	D	0.21%	0.21%	0.21%
DAN	F	0.13%	0.07%	0.07%
DCOM	B	0.15%	0.09%	0.09%
DFIN	D	0.19%	0.11%	0.11%
DGII	B	0.0%	0.08%	0.0%
DIOD	D	0.14%	0.18%	0.14%
DLX	B	0.12%	0.07%	0.07%
DNOW	B	0.17%	0.11%	0.11%
DVAX	C	0.18%	0.1%	0.1%
DXPE	A	0.11%	0.06%	0.06%
ECPG	B	0.11%	0.08%	0.08%
EGBN	B	0.1%	0.06%	0.06%
EIG	B	0.16%	0.09%	0.09%
ENR	A	0.28%	0.16%	0.16%
ENVA	B	0.3%	0.19%	0.19%
EPAC	B	0.3%	0.18%	0.18%
EPC	D	0.2%	0.12%	0.12%
ETD	C	0.08%	0.05%	0.05%
EVTC	C	0.25%	0.16%	0.16%
EXTR	C	0.24%	0.14%	0.14%
EYE	C	0.1%	0.06%	0.06%
EZPW	B	0.07%	0.04%	0.04%
FBK	B	0.24%	0.14%	0.14%
FBNC	B	0.23%	0.13%	0.13%
FCF	B	0.23%	0.14%	0.14%
FDP	C	0.15%	0.08%	0.08%
FFBC	B	0.31%	0.2%	0.2%
FHB	B	0.33%	0.24%	0.24%
FL	D	0.25%	0.13%	0.13%
FLGT	F	0.04%	0.02%	0.02%
FOXF	F	0.06%	0.1%	0.06%
GBX	A	0.22%	0.14%	0.14%
GDEN	C	0.08%	0.05%	0.05%
GDOT	D	0.07%	0.04%	0.04%
GES	F	0.06%	0.03%	0.03%
GIII	C	0.14%	0.08%	0.08%
GNW	A	0.27%	0.23%	0.23%
GO	C	0.11%	0.12%	0.11%
GOGO	C	0.05%	0.03%	0.03%
GPRE	F	0.08%	0.05%	0.05%
GSHD	B	0.24%	0.2%	0.2%
GVA	B	0.31%	0.3%	0.3%
HAFC	B	0.1%	0.05%	0.05%
HAIN	C	0.03%	0.05%	0.03%
HAYN	C	0.09%	0.06%	0.06%
HAYW	B	0.14%	0.16%	0.14%
HBI	B	0.31%	0.21%	0.21%
HCI	B	0.11%	0.07%	0.07%
HCSG	B	0.1%	0.06%	0.06%
HELE	C	0.16%	0.11%	0.11%
HFWA	B	0.11%	0.06%	0.06%
HI	C	0.12%	0.16%	0.12%
HLX	C	0.18%	0.1%	0.1%
HMN	B	0.2%	0.12%	0.12%
HNI	B	0.29%	0.18%	0.18%
HOPE	B	0.19%	0.12%	0.12%
HP	C	0.0%	0.24%	0.0%
HRMY	D	0.13%	0.09%	0.09%
HSII	B	0.1%	0.06%	0.06%
HSTM	B	0.09%	0.05%	0.05%
HTH	B	0.17%	0.1%	0.1%
HTLD	C	0.07%	0.04%	0.04%
HTZ	C	0.01%	0.04%	0.01%
HUBG	A	0.35%	0.22%	0.22%
HWKN	A	0.32%	0.17%	0.17%
HZO	C	0.07%	0.04%	0.04%
IART	C	0.07%	0.11%	0.07%
IBTX	B	0.29%	0.16%	0.16%
ICHR	C	0.01%	0.07%	0.01%
IIIN	C	0.07%	0.04%	0.04%
INDB	B	0.35%	0.22%	0.22%
INVA	D	0.13%	0.07%	0.07%
IOSP	B	0.18%	0.21%	0.18%
JBLU	F	0.27%	0.14%	0.14%
JBSS	F	0.07%	0.05%	0.05%
KALU	C	0.15%	0.09%	0.09%
KAR	B	0.05%	0.15%	0.05%
KELYA	F	0.06%	0.03%	0.03%
KLG	C	0.12%	0.08%	0.08%
KLIC	B	0.26%	0.18%	0.18%
KMT	B	0.25%	0.16%	0.16%
KN	B	0.13%	0.11%	0.11%
KOP	C	0.09%	0.06%	0.06%
KSS	F	0.23%	0.14%	0.14%
KW	C	0.14%	0.09%	0.09%
KWR	D	0.05%	0.16%	0.05%
LBRT	F	0.08%	0.21%	0.08%
LCII	C	0.2%	0.21%	0.2%
LEG	D	0.07%	0.11%	0.07%
LGIH	C	0.23%	0.15%	0.15%
LGND	B	0.24%	0.15%	0.15%
LKFN	B	0.2%	0.13%	0.13%
LNN	B	0.16%	0.1%	0.1%
LPG	F	0.13%	0.07%	0.07%
LQDT	B	0.07%	0.04%	0.04%
LZB	B	0.21%	0.13%	0.13%
MATV	F	0.08%	0.05%	0.05%
MATW	C	0.08%	0.05%	0.05%
MCRI	A	0.13%	0.08%	0.08%
MCW	C	0.08%	0.05%	0.05%
MD	C	0.14%	0.09%	0.09%
MGEE	C	0.14%	0.27%	0.14%
MGPI	F	0.04%	0.05%	0.04%
MLAB	D	0.04%	0.04%	0.04%
MLKN	D	0.2%	0.12%	0.12%
MMI	B	0.11%	0.07%	0.07%
MMSI	B	0.0%	0.43%	0.0%
MNRO	C	0.09%	0.06%	0.06%
MODG	F	0.08%	0.08%	0.08%
MP	A	0.21%	0.16%	0.16%
MRCY	B	0.07%	0.14%	0.07%
MRTN	C	0.12%	0.07%	0.07%
MSEX	B	0.09%	0.08%	0.08%
MTRN	C	0.23%	0.17%	0.17%
MTUS	C	0.07%	0.04%	0.04%
MTX	B	0.32%	0.18%	0.18%
MYE	F	0.05%	0.03%	0.03%
MYRG	C	0.25%	0.17%	0.17%
NATL	C	0.22%	0.15%	0.15%
NAVI	C	0.14%	0.08%	0.08%
NBHC	B	0.2%	0.13%	0.13%
NBR	C	0.08%	0.05%	0.05%
NBTB	B	0.28%	0.16%	0.16%
NGVT	B	0.19%	0.12%	0.12%
NHC	B	0.22%	0.11%	0.11%
NMIH	C	0.24%	0.21%	0.21%
NPK	B	0.05%	0.03%	0.03%
NWBI	B	0.22%	0.13%	0.13%
NWL	A	0.12%	0.26%	0.12%
NWN	A	0.18%	0.11%	0.11%
NX	C	0.13%	0.1%	0.1%
ODP	F	0.1%	0.06%	0.06%
OFG	B	0.25%	0.14%	0.14%
OI	C	0.21%	0.14%	0.14%
OII	B	0.33%	0.2%	0.2%
OMCL	C	0.17%	0.15%	0.15%
OMI	F	0.11%	0.06%	0.06%
OXM	D	0.14%	0.08%	0.08%
PAHC	C	0.07%	0.04%	0.04%
PARR	D	0.12%	0.07%	0.07%
PATK	C	0.32%	0.21%	0.21%
PAYO	B	0.32%	0.19%	0.19%
PCRX	C	0.09%	0.05%	0.05%
PDCO	D	0.17%	0.12%	0.12%
PFBC	B	0.13%	0.08%	0.08%
PFS	B	0.33%	0.2%	0.2%
PGNY	F	0.02%	0.08%	0.02%
PHIN	B	0.25%	0.16%	0.16%
PINC	B	0.28%	0.17%	0.17%
PLAB	C	0.17%	0.11%	0.11%
PLAY	D	0.15%	0.08%	0.08%
PLMR	B	0.3%	0.2%	0.2%
PLUS	F	0.26%	0.15%	0.15%
PLXS	B	0.29%	0.3%	0.29%
POWL	C	0.35%	0.19%	0.19%
PPBI	B	0.31%	0.19%	0.19%
PRA	B	0.1%	0.06%	0.06%
PRAA	C	0.1%	0.06%	0.06%
PRDO	B	0.2%	0.12%	0.12%
PRG	B	0.25%	0.14%	0.14%
PRGS	A	0.33%	0.2%	0.2%
PRK	B	0.35%	0.2%	0.2%
PRLB	B	0.11%	0.07%	0.07%
PSMT	C	0.26%	0.16%	0.16%
PTEN	C	0.01%	0.21%	0.01%
PTGX	C	0.19%	0.17%	0.17%
PUMP	C	0.09%	0.04%	0.04%
RCUS	F	0.08%	0.06%	0.06%
RES	D	0.07%	0.03%	0.03%
REX	F	0.09%	0.05%	0.05%
REZI	B	0.33%	0.27%	0.27%
RGNX	F	0.06%	0.03%	0.03%
RGR	F	0.08%	0.05%	0.05%
RNST	B	0.25%	0.17%	0.17%
ROCK	C	0.25%	0.15%	0.15%
ROG	D	0.2%	0.12%	0.12%
RUN	F	0.03%	0.16%	0.03%
SAFT	B	0.14%	0.09%	0.09%
SAH	B	0.05%	0.07%	0.05%
SBCF	B	0.29%	0.18%	0.18%
SBH	B	0.17%	0.1%	0.1%
SBSI	B	0.12%	0.07%	0.07%
SCHL	D	0.06%	0.04%	0.04%
SCL	C	0.2%	0.11%	0.11%
SCSC	B	0.12%	0.08%	0.08%
SCVL	F	0.08%	0.04%	0.04%
SDGR	C	0.01%	0.07%	0.01%
SEDG	F	0.0%	0.04%	0.0%
SFNC	B	0.33%	0.22%	0.22%
SHEN	F	0.08%	0.04%	0.04%
SJW	D	0.01%	0.12%	0.01%
SLVM	B	0.23%	0.21%	0.21%
SMP	C	0.08%	0.05%	0.05%
SNCY	C	0.09%	0.04%	0.04%
SNEX	A	0.32%	0.2%	0.2%
SONO	C	0.19%	0.11%	0.11%
SPNT	B	0.17%	0.1%	0.1%
SPTN	F	0.07%	0.04%	0.04%
SSTK	F	0.08%	0.05%	0.05%
STBA	B	0.2%	0.11%	0.11%
STRA	C	0.21%	0.17%	0.17%
SUPN	C	0.23%	0.14%	0.14%
SWI	B	0.08%	0.05%	0.05%
SXC	B	0.13%	0.07%	0.07%
SXI	A	0.27%	0.17%	0.17%
TALO	C	0.18%	0.1%	0.1%
TBBK	B	0.33%	0.19%	0.19%
TDS	B	0.37%	0.22%	0.22%
TFIN	A	0.24%	0.15%	0.15%
THRM	D	0.16%	0.09%	0.09%
THRY	F	0.05%	0.03%	0.03%
THS	F	0.13%	0.11%	0.11%
TILE	A	0.16%	0.1%	0.1%
TMP	B	0.1%	0.07%	0.07%
TNC	D	0.18%	0.12%	0.12%
TR	B	0.02%	0.04%	0.02%
TRIP	F	0.15%	0.11%	0.11%
TRMK	B	0.26%	0.16%	0.16%
TRN	B	0.37%	0.22%	0.22%
TRST	B	0.08%	0.05%	0.05%
TRUP	B	0.02%	0.12%	0.02%
TTGT	C	0.07%	0.05%	0.05%
TTMI	B	0.27%	0.17%	0.17%
TWI	D	0.04%	0.02%	0.02%
UCTT	D	0.17%	0.11%	0.11%
UFCS	B	0.05%	0.04%	0.04%
UFPT	C	0.29%	0.14%	0.14%
UNFI	A	0.16%	0.09%	0.09%
UPBD	B	0.01%	0.11%	0.01%
USNA	C	0.05%	0.03%	0.03%
USPH	C	0.04%	0.1%	0.04%
UTL	B	0.11%	0.07%	0.07%
VBTX	A	0.19%	0.11%	0.11%
VIAV	B	0.19%	0.15%	0.15%
VIR	F	0.1%	0.05%	0.05%
VRTS	B	0.19%	0.11%	0.11%
VSAT	F	0.07%	0.04%	0.04%
VSCO	B	0.34%	0.2%	0.2%
VSTO	A	0.29%	0.18%	0.18%
VSTS	C	0.2%	0.11%	0.11%
VTLE	C	0.1%	0.06%	0.06%
VTOL	B	0.11%	0.06%	0.06%
VVI	B	0.11%	0.07%	0.07%
WABC	B	0.17%	0.11%	0.11%
WAFD	B	0.36%	0.21%	0.21%
WERN	B	0.29%	0.17%	0.17%
WGO	C	0.2%	0.12%	0.12%
WKC	D	0.18%	0.12%	0.12%
WNC	C	0.1%	0.06%	0.06%
WOR	D	0.1%	0.09%	0.09%
WRLD	C	0.04%	0.03%	0.03%
WSFS	B	0.34%	0.24%	0.24%
WT	B	0.19%	0.1%	0.1%
WWW	B	0.22%	0.12%	0.12%
XNCR	B	0.14%	0.1%	0.1%
XPEL	C	0.11%	0.07%	0.07%
YELP	C	0.24%	0.17%	0.17%
ZD	C	0.2%	0.18%	0.18%

AVSC Overweight 788 Positions Relative to SPSM

Symbol	Grade	Weight
PRIM	A	0.45%
AGIO	B	0.37%
HTLF	B	0.33%
LIVN	F	0.32%
FRME	B	0.3%
SPB	C	0.3%
MGNI	B	0.29%
LAUR	B	0.29%
TOWN	B	0.28%
CDE	D	0.28%
BHF	B	0.27%
MWA	B	0.27%
ICFI	F	0.26%
EFSC	B	0.26%
AGX	B	0.26%
SYBT	B	0.25%
WSBC	B	0.24%
INSW	F	0.24%
HURN	B	0.24%
KOS	F	0.23%
EBC	B	0.23%
RIOT	C	0.23%
GPOR	B	0.23%
IESC	B	0.21%
BEAM	C	0.21%
LC	B	0.21%
AGM	B	0.21%
HEES	B	0.21%
SASR	B	0.21%
NTB	B	0.2%
LOB	B	0.2%
SKWD	B	0.2%
CRI	F	0.2%
AZTA	D	0.2%
REVG	B	0.19%
USLM	B	0.19%
LMND	B	0.19%
PCT	C	0.18%
DHT	F	0.18%
FHI	A	0.18%
QCRH	B	0.18%
TPC	C	0.17%
ATSG	B	0.17%
VRNT	C	0.17%
BUSE	B	0.17%
GLNG	B	0.17%
NTLA	F	0.16%
AKRO	C	0.16%
TCBK	B	0.16%
BLBD	F	0.16%
NSSC	D	0.16%
NIC	B	0.16%
HLIO	B	0.16%
SFL	F	0.15%
CRAI	B	0.15%
OSW	B	0.15%
XPRO	F	0.15%
TROX	F	0.15%
GABC	B	0.15%
WTTR	B	0.15%
NEP	F	0.14%
KRP	C	0.14%
OCFC	B	0.14%
CNNE	B	0.14%
DK	C	0.14%
SCS	B	0.14%
VRDN	D	0.14%
PEBO	B	0.14%
WMK	B	0.14%
CIFR	C	0.13%
BKD	F	0.13%
IMKTA	C	0.13%
BXC	B	0.13%
FBMS	B	0.13%
KFRC	C	0.13%
OPEN	C	0.13%
IMAX	B	0.13%
VC	D	0.13%
HE	C	0.13%
MQ	F	0.13%
MSGE	D	0.13%
DOLE	D	0.13%
CLOV	D	0.13%
MRC	B	0.13%
BFC	B	0.12%
LMB	B	0.12%
JBI	F	0.12%
ARRY	C	0.12%
CWH	C	0.12%
AAOI	B	0.12%
BZH	B	0.12%
CNOB	B	0.12%
OBK	B	0.12%
FA	C	0.12%
PFC	B	0.12%
BV	B	0.11%
TDC	D	0.11%
VSH	F	0.11%
ACMR	F	0.11%
OEC	C	0.11%
TRS	B	0.11%
PLYA	B	0.11%
CTBI	B	0.11%
CDNA	D	0.11%
UVSP	B	0.11%
JELD	F	0.1%
HBNC	B	0.1%
GLDD	B	0.1%
MBWM	B	0.1%
OSBC	B	0.1%
MBUU	C	0.1%
BELFB	C	0.1%
ECVT	C	0.1%
VITL	F	0.1%
PLUG	D	0.1%
GRC	B	0.1%
INOD	B	0.1%
CCB	B	0.1%
CSTL	D	0.1%
LILAK	F	0.1%
DCO	B	0.1%
HOV	C	0.1%
MDXG	B	0.1%
IBCP	B	0.1%
AMRC	F	0.1%
SGHC	B	0.1%
EVRI	A	0.1%
AESI	B	0.1%
BY	B	0.1%
UTI	A	0.1%
VAC	B	0.1%
FMBH	B	0.1%
DRVN	B	0.09%
MCB	B	0.09%
LEU	C	0.09%
DJCO	B	0.09%
RSI	B	0.09%
RLAY	F	0.09%
CDRE	D	0.09%
FCBC	B	0.09%
CECO	B	0.09%
HCKT	B	0.09%
GT	C	0.09%
CFB	B	0.09%
UTZ	D	0.09%
MBIN	F	0.09%
ANET	C	0.09%
GATO	D	0.09%
AMTB	B	0.09%
THR	B	0.09%
MLR	B	0.09%
DBRG	F	0.09%
GCI	C	0.09%
GNK	D	0.09%
RBCAA	B	0.08%
ORRF	C	0.08%
ACEL	B	0.08%
AMAL	B	0.08%
OLO	B	0.08%
STGW	B	0.08%
IDT	B	0.08%
HTBK	B	0.08%
CNDT	D	0.08%
WASH	C	0.08%
DAKT	B	0.08%
SMBC	B	0.08%
BHRB	B	0.08%
PLRX	C	0.08%
PUBM	C	0.08%
CGEM	F	0.08%
NTGR	B	0.08%
EQBK	B	0.08%
CAC	B	0.08%
RYAM	C	0.08%
TDOC	C	0.08%
NBN	B	0.08%
BFST	B	0.08%
RYI	C	0.08%
EBF	F	0.07%
CMRE	D	0.07%
MSBI	B	0.07%
EBS	C	0.07%
GDYN	B	0.07%
ACCO	B	0.07%
AUPH	B	0.07%
NUVB	C	0.07%
TREE	F	0.07%
OPY	B	0.07%
FOR	F	0.07%
HTBI	B	0.07%
PGC	B	0.07%
SRCE	B	0.07%
AVO	C	0.07%
REPL	C	0.07%
CCNE	B	0.07%
PL	B	0.07%
GSBC	B	0.07%
CASS	B	0.07%
SWBI	C	0.07%
SPRY	D	0.07%
NR	B	0.07%
UVE	B	0.07%
IMXI	B	0.07%
EGY	F	0.07%
OFIX	B	0.07%
NAT	F	0.07%
QS	F	0.07%
KRNY	C	0.06%
KE	C	0.06%
ORIC	D	0.06%
PTVE	C	0.06%
SMBK	A	0.06%
CCBG	B	0.06%
MCBS	B	0.06%
CLBK	B	0.06%
BBW	B	0.06%
CLNE	D	0.06%
CMP	C	0.06%
LPRO	C	0.06%
NOVA	F	0.06%
TRDA	B	0.06%
FFIC	B	0.06%
CSV	A	0.06%
MCS	B	0.06%
SHBI	B	0.06%
AMRK	F	0.06%
PLOW	D	0.06%
ERAS	C	0.06%
LYTS	B	0.06%
AROW	B	0.06%
BHB	B	0.06%
ESQ	B	0.06%
ARHS	D	0.06%
NWPX	B	0.06%
ANNX	F	0.06%
THFF	B	0.06%
HY	F	0.06%
WLDN	D	0.06%
HONE	B	0.06%
NFBK	B	0.06%
ASC	F	0.06%
FMNB	B	0.06%
MUX	F	0.05%
SD	D	0.05%
SHYF	C	0.05%
HNRG	B	0.05%
ARKO	C	0.05%
HCAT	C	0.05%
REPX	B	0.05%
ARCT	F	0.05%
KURA	F	0.05%
ZEUS	C	0.05%
FC	D	0.05%
RICK	C	0.05%
BMRC	B	0.05%
IRMD	B	0.05%
QTRX	F	0.05%
LMNR	C	0.05%
HNST	B	0.05%
CARE	C	0.05%
DNUT	F	0.05%
FISI	B	0.05%
USAP	B	0.05%
GRNT	B	0.05%
SPFI	B	0.05%
ZIP	F	0.05%
LXU	C	0.05%
WULF	C	0.05%
ETNB	C	0.05%
HIFS	B	0.05%
FSBC	B	0.05%
LOVE	B	0.05%
RDUS	C	0.05%
DHIL	B	0.05%
CLW	D	0.05%
MLNK	C	0.05%
NGVC	A	0.05%
FIGS	F	0.05%
MPB	B	0.05%
NRIM	B	0.05%
FFWM	C	0.05%
TTI	C	0.05%
CVGW	C	0.05%
EE	B	0.05%
LASR	F	0.05%
OSUR	F	0.04%
MOV	C	0.04%
HVT	F	0.04%
AVXL	C	0.04%
IPI	B	0.04%
VNDA	C	0.04%
WOOF	D	0.04%
FLIC	A	0.04%
ATRO	F	0.04%
SBLK	F	0.04%
GLUE	C	0.04%
MEI	D	0.04%
GTN	F	0.04%
IIIV	C	0.04%
IBTA	C	0.04%
GHM	B	0.04%
CCCC	F	0.04%
HPK	C	0.04%
OABI	D	0.04%
TCMD	B	0.04%
SENEA	B	0.04%
DDD	C	0.04%
TBPH	C	0.04%
KIDS	D	0.04%
CVEO	F	0.04%
GIC	F	0.04%
LOCO	D	0.04%
VYGR	F	0.04%
OIS	C	0.04%
SLQT	C	0.04%
NEWT	B	0.04%
MTRX	B	0.04%
GCO	B	0.04%
CCRN	F	0.04%
RMR	F	0.04%
BSRR	B	0.04%
EGHT	C	0.04%
AGS	B	0.04%
MCFT	B	0.04%
KODK	B	0.04%
LINC	C	0.04%
TRC	D	0.04%
APEI	B	0.04%
INBK	B	0.04%
ODC	C	0.04%
METC	C	0.04%
FNKO	D	0.04%
LXFR	B	0.04%
VERV	F	0.04%
GLRE	B	0.04%
MOFG	B	0.04%
ALRS	D	0.04%
OSPN	A	0.04%
NRC	F	0.04%
ULH	B	0.04%
NVEC	C	0.04%
NUS	C	0.04%
SFIX	B	0.04%
MTW	C	0.04%
TERN	F	0.04%
CLFD	F	0.04%
AXGN	D	0.04%
WLFC	B	0.04%
BVS	D	0.04%
RBB	B	0.04%
ZUMZ	C	0.04%
ETWO	F	0.04%
FARO	B	0.04%
ZIMV	F	0.04%
ALDX	D	0.03%
MAN	D	0.03%
UTMD	D	0.03%
RVLV	B	0.03%
EDIT	F	0.03%
DBI	F	0.03%
MNTK	F	0.03%
CDXS	B	0.03%
NAPA	B	0.03%
ENFN	B	0.03%
RPAY	C	0.03%
CRMT	C	0.03%
FRST	B	0.03%
GAMB	B	0.03%
PLPC	B	0.03%
FMAO	B	0.03%
VIRC	B	0.03%
ANGO	C	0.03%
CRCT	F	0.03%
TCBX	B	0.03%
DCGO	C	0.03%
CIVB	B	0.03%
BCAL	B	0.03%
AURA	D	0.03%
FLWS	D	0.03%
JAKK	C	0.03%
ANIK	F	0.03%
PKE	B	0.03%
TASK	C	0.03%
PRTA	F	0.03%
ABSI	F	0.03%
VPG	F	0.03%
HDSN	F	0.03%
INGN	C	0.03%
PKOH	B	0.03%
NGS	B	0.03%
AMCX	D	0.03%
KRO	D	0.03%
MERC	F	0.03%
SPOK	B	0.03%
ORN	C	0.03%
IMMR	C	0.03%
SAGE	F	0.03%
RGP	F	0.03%
PFIS	A	0.03%
VLGEA	B	0.03%
PBPB	C	0.03%
VREX	C	0.03%
PACK	C	0.03%
AMPY	C	0.03%
LEGH	C	0.03%
GNE	C	0.03%
ARTNA	F	0.03%
LGF.A	C	0.03%
SB	F	0.03%
ALLO	F	0.03%
TYRA	F	0.03%
ITOS	F	0.03%
SIGA	D	0.03%
ACIC	B	0.03%
TRUE	B	0.03%
QURE	C	0.03%
TH	C	0.03%
BRY	F	0.03%
WOW	B	0.03%
BOC	C	0.03%
TITN	C	0.03%
ITIC	B	0.03%
HRTG	C	0.03%
ACDC	C	0.02%
ATYR	C	0.02%
DSGN	C	0.02%
UNTY	B	0.02%
ALEC	F	0.02%
HOFT	C	0.02%
EVCM	B	0.02%
CHGG	D	0.02%
MX	F	0.02%
CWCO	C	0.02%
TNYA	C	0.02%
MG	F	0.02%
TZOO	B	0.02%
ZYXI	D	0.02%
CZFS	B	0.02%
SRG	D	0.02%
SAVE	D	0.02%
HBB	F	0.02%
OLPX	C	0.02%
FDMT	F	0.02%
GEOS	D	0.02%
FF	D	0.02%
LGTY	D	0.02%
EVBN	B	0.02%
JOUT	D	0.02%
ESOA	B	0.02%
WSBF	B	0.02%
LGF.A	C	0.02%
RCKY	F	0.02%
ACNB	B	0.02%
INZY	F	0.02%
APLD	B	0.02%
DXLG	F	0.02%
STRO	F	0.02%
TRAK	B	0.02%
AVD	D	0.02%
RDVT	B	0.02%
BRCC	F	0.02%
AVNW	F	0.02%
EBTC	B	0.02%
BOOM	F	0.02%
FBIZ	B	0.02%
REI	F	0.02%
ALT	C	0.02%
JRVR	F	0.02%
SFST	B	0.02%
KOD	C	0.02%
SMHI	F	0.02%
LDI	C	0.02%
ACTG	F	0.02%
BWB	B	0.02%
RELL	B	0.02%
OBT	C	0.02%
OUST	C	0.02%
JILL	C	0.02%
EPM	C	0.02%
ASUR	C	0.02%
CRBU	F	0.02%
EWCZ	F	0.02%
NATR	C	0.02%
INFN	D	0.02%
SRI	F	0.02%
CYRX	F	0.02%
ALTG	C	0.02%
MODV	C	0.02%
TLS	F	0.02%
QUAD	B	0.02%
THRD	D	0.02%
RZLT	C	0.02%
BBSI	A	0.02%
LTH	C	0.02%
RM	C	0.02%
ORGO	C	0.02%
BLDE	C	0.02%
FRBA	C	0.02%
PYXS	F	0.02%
TSVT	F	0.02%
ENTA	F	0.02%
MEC	D	0.02%
OFLX	D	0.02%
SEB	F	0.02%
DGICA	A	0.02%
SGC	C	0.02%
PANL	F	0.02%
STNG	F	0.02%
LSEA	C	0.02%
MED	D	0.02%
WTI	F	0.02%
FRPH	B	0.02%
TBI	F	0.02%
LE	D	0.02%
RNGR	B	0.02%
FULC	D	0.02%
FLXS	B	0.02%
MLYS	F	0.02%
LRMR	F	0.02%
ATNI	F	0.02%
RBBN	C	0.02%
FATE	F	0.02%
KRT	A	0.02%
ADV	C	0.02%
SWIM	C	0.02%
LILA	F	0.02%
FSTR	B	0.02%
RLGT	B	0.02%
AMPS	C	0.02%
RRBI	B	0.01%
WTBA	B	0.01%
PVBC	B	0.01%
FPH	C	0.01%
HOWL	F	0.01%
EPIX	F	0.01%
INTT	C	0.01%
TBRG	B	0.01%
SERA	F	0.01%
NTIC	C	0.01%
PEBK	B	0.01%
CSPI	C	0.01%
IRON	C	0.01%
LFVN	B	0.01%
LCUT	F	0.01%
XBIT	F	0.01%
RPTX	F	0.01%
OPRT	C	0.01%
KEQU	C	0.01%
PSTX	C	0.01%
CMTL	D	0.01%
RLMD	F	0.01%
MASS	F	0.01%
SHLS	F	0.01%
KINS	B	0.01%
KALV	F	0.01%
PEPG	F	0.01%
CFFI	B	0.01%
BFLY	B	0.01%
METCB	F	0.01%
ULBI	F	0.01%
LTRX	F	0.01%
YORW	D	0.01%
ZNTL	D	0.01%
ULCC	C	0.01%
CBNK	B	0.01%
VEL	A	0.01%
PLL	C	0.01%
COUR	D	0.01%
PWOD	A	0.01%
ABCL	C	0.01%
CVGI	F	0.01%
KLXE	C	0.01%
RMBL	C	0.01%
VTYX	F	0.01%
UEIC	C	0.01%
NVRO	F	0.01%
SRTS	B	0.01%
SPWH	F	0.01%
BBCP	C	0.01%
ACRV	F	0.01%
MPAA	C	0.01%
ABOS	F	0.01%
SGU	B	0.01%
CC	C	0.01%
TSBK	B	0.01%
BTBT	C	0.01%
PETS	C	0.01%
BCBP	B	0.01%
MVBF	C	0.01%
EML	F	0.01%
CRDF	F	0.01%
BLFY	B	0.01%
COOK	D	0.01%
SEER	B	0.01%
LAKE	C	0.01%
STHO	F	0.01%
TTEC	D	0.01%
ISTR	B	0.01%
BCML	A	0.01%
APPS	F	0.01%
CRVS	B	0.01%
EXFY	B	0.01%
FFNW	C	0.01%
LWAY	D	0.01%
HBT	B	0.01%
GRPN	F	0.01%
FET	F	0.01%
RCMT	C	0.01%
MYPS	C	0.01%
GEVO	D	0.01%
GRWG	F	0.01%
COFS	B	0.01%
GENC	B	0.01%
CBAN	B	0.01%
QUIK	F	0.01%
BSVN	B	0.01%
SGHT	F	0.01%
FSBW	B	0.01%
JYNT	C	0.01%
RMAX	B	0.01%
ACU	C	0.01%
ONTF	C	0.01%
NFE	D	0.01%
EEX	C	0.01%
GNTY	A	0.01%
TTSH	D	0.01%
HMST	F	0.01%
CTRN	D	0.01%
BELFA	D	0.01%
PSNL	D	0.01%
CNXC	F	0.01%
TRVI	D	0.01%
HBCP	B	0.01%
VRA	D	0.01%
LUNG	F	0.01%
MFIN	C	0.01%
MGTX	C	0.01%
LAW	D	0.01%
EU	F	0.01%
TAYD	F	0.01%
INO	F	0.01%
TG	D	0.01%
SSP	F	0.01%
OLMA	F	0.01%
EHTH	C	0.01%
BLNK	F	0.01%
NSP	F	0.01%
CMT	C	0.01%
IBEX	B	0.01%
NNBR	C	0.01%
NKTX	F	0.01%
NRDS	C	0.01%
PBYI	C	0.01%
EVC	C	0.01%
CLAR	D	0.01%
ASLE	C	0.01%
SPR	D	0.0%
DSGR	C	0.0%
CHRD	F	0.0%
SKY	B	0.0%
CODA	B	0.0%
CRD.B	D	0.0%
PDSB	F	0.0%
FVCB	B	0.0%
SVRA	F	0.0%
NKSH	C	0.0%
LCNB	B	0.0%
CUE	F	0.0%
GEF	B	0.0%
MNSB	C	0.0%
SRDX	B	0.0%
MNTX	C	0.0%
BCAB	F	0.0%
GEF	B	0.0%
BH	B	0.0%
INMB	F	0.0%
RGCO	C	0.0%
LUNA	D	0.0%
BARK	B	0.0%
BYRN	B	0.0%
FREY	C	0.0%
CVRX	C	0.0%
NWFL	B	0.0%
NRGV	C	0.0%
MBCN	C	0.0%
PLBC	A	0.0%
WMPN	B	0.0%
ASYS	C	0.0%
PESI	C	0.0%
FSLY	D	0.0%
FORR	C	0.0%
WALD	F	0.0%
EB	C	0.0%
CHMG	A	0.0%
SND	C	0.0%
AOUT	B	0.0%
AXTI	F	0.0%
DLTH	D	0.0%
DHX	D	0.0%
ESCA	C	0.0%
EPSN	B	0.0%
ACCD	D	0.0%
EVEX	C	0.0%
BSET	B	0.0%
DMAC	C	0.0%
TUSK	F	0.0%
NC	C	0.0%
TMCI	C	0.0%
ORGN	D	0.0%
OVLY	A	0.0%
OB	B	0.0%
SSBK	B	0.0%
TIPT	B	0.0%
CNTY	C	0.0%
IVAC	F	0.0%
WEYS	B	0.0%
DC	F	0.0%
INFU	C	0.0%
HFFG	C	0.0%
VOXX	C	0.0%
FDBC	B	0.0%
VHI	D	0.0%
STRT	B	0.0%
SFM	B	0.0%
BEEM	F	0.0%
GOCO	C	0.0%
VABK	C	0.0%
HLVX	D	0.0%
CPSS	C	0.0%
KVHI	B	0.0%
OBIO	D	0.0%
STRS	C	0.0%
MYFW	B	0.0%
ATLO	D	0.0%
AIRS	C	0.0%
BWFG	A	0.0%
PDEX	B	0.0%
DLHC	F	0.0%
TRNS	F	0.0%
BMEA	F	0.0%
PACB	F	0.0%
FUNC	A	0.0%
KOSS	C	0.0%
SMID	B	0.0%
PAYS	F	0.0%
ORMP	F	0.0%
FNLC	B	0.0%
ADPT	C	0.0%
TKNO	C	0.0%
SKLZ	D	0.0%
UFI	F	0.0%
CATO	F	0.0%
PRME	F	0.0%
HQI	B	0.0%
FEIM	B	0.0%
GIFI	C	0.0%
MITK	C	0.0%
CZNC	B	0.0%
ATLC	B	0.0%
SKYT	F	0.0%
HURC	C	0.0%
PKBK	B	0.0%
DIBS	F	0.0%
GBIO	F	0.0%
PCYO	B	0.0%
TWIN	F	0.0%
CTV	A	0.0%
TSQ	F	0.0%
EAF	C	0.0%
RGLS	F	0.0%
STKS	D	0.0%
OPRX	F	0.0%
TLYS	F	0.0%
ALCO	D	0.0%
CXDO	C	0.0%
FLL	D	0.0%
PCB	B	0.0%
VIGL	F	0.0%
SGMO	C	0.0%
SKYH	C	0.0%
GCBC	C	0.0%
ARC	A	0.0%
BRBS	C	0.0%
MPX	C	0.0%
DOUG	C	0.0%
PNRG	B	0.0%
CCRD	A	0.0%
ELMD	A	0.0%

AVSC Underweight 244 Positions Relative to SPSM

Symbol	Grade	Weight
MLI	C	-0.73%
CRS	B	-0.64%
CMA	A	-0.64%
LUMN	C	-0.59%
GKOS	B	-0.54%
JXN	B	-0.54%
RHI	C	-0.53%
BBWI	C	-0.5%
ATI	D	-0.5%
AWI	B	-0.48%
CSWI	A	-0.48%
SPSC	C	-0.47%
ALK	A	-0.47%
MTH	C	-0.46%
VFC	C	-0.46%
BMI	B	-0.45%
MOG.A	B	-0.45%
COOP	B	-0.45%
EPRT	B	-0.42%
LNC	B	-0.42%
DY	D	-0.41%
ACIW	B	-0.41%
BCPC	B	-0.41%
ETSY	D	-0.41%
ZWS	A	-0.4%
EAT	A	-0.39%
BCC	B	-0.39%
AVAV	D	-0.39%
FSS	B	-0.39%
MARA	C	-0.38%
PIPR	A	-0.38%
RDNT	C	-0.37%
MGY	B	-0.37%
MC	B	-0.37%
ITRI	B	-0.37%
MATX	C	-0.37%
INSP	D	-0.37%
GPI	B	-0.37%
AL	A	-0.36%
ACA	B	-0.36%
CTRE	D	-0.36%
SEE	C	-0.36%
SM	C	-0.36%
ABG	B	-0.36%
RDN	C	-0.36%
BOX	A	-0.35%
SLG	B	-0.35%
GTES	A	-0.34%
IBP	C	-0.34%
PECO	B	-0.34%
IDCC	A	-0.33%
SHAK	B	-0.33%
SFBS	B	-0.33%
KRYS	C	-0.32%
ITGR	A	-0.32%
ALKS	B	-0.32%
KTB	A	-0.32%
AGO	A	-0.32%
ADMA	B	-0.32%
LRN	B	-0.31%
AX	B	-0.31%
WHD	A	-0.31%
SKYW	B	-0.31%
ICUI	D	-0.3%
FTDR	B	-0.3%
FELE	B	-0.3%
MAC	A	-0.3%
NSIT	F	-0.3%
SANM	B	-0.3%
SIG	B	-0.3%
MHO	C	-0.3%
BGC	C	-0.29%
PBH	B	-0.29%
AROC	B	-0.29%
STEP	B	-0.29%
FUL	D	-0.29%
BOOT	D	-0.29%
NOG	A	-0.29%
AEIS	B	-0.29%
TPH	C	-0.28%
OGN	F	-0.28%
GMS	B	-0.28%
SKT	A	-0.28%
TGTX	B	-0.28%
UCB	B	-0.28%
KFY	B	-0.28%
CRC	C	-0.28%
HIMS	A	-0.28%
PI	D	-0.28%
VRRM	F	-0.27%
RUSHA	B	-0.27%
SITM	B	-0.27%
ESE	B	-0.27%
JBT	B	-0.27%
WDFC	B	-0.27%
AUB	B	-0.27%
MDU	F	-0.27%
FULT	B	-0.27%
CALM	B	-0.27%
CVCO	B	-0.27%
SEM	B	-0.27%
GEO	B	-0.26%
DORM	B	-0.26%
MSGS	B	-0.26%
RXO	C	-0.26%
PJT	B	-0.26%
APLE	B	-0.25%
HCC	B	-0.25%
DXC	B	-0.25%
NPO	A	-0.25%
CBU	B	-0.25%
HIW	D	-0.24%
IAC	D	-0.24%
OTTR	C	-0.24%
ASO	F	-0.24%
CCOI	B	-0.24%
FBP	B	-0.24%
WD	C	-0.24%
SMTC	A	-0.24%
SMPL	B	-0.24%
ABM	B	-0.24%
ENV	B	-0.23%
AWR	B	-0.23%
HASI	D	-0.23%
AEO	F	-0.23%
CRVL	B	-0.23%
SXT	B	-0.23%
APAM	B	-0.23%
GFF	B	-0.22%
BRC	C	-0.22%
SHOO	D	-0.22%
BXMT	C	-0.22%
FORM	F	-0.21%
TGNA	B	-0.21%
UNF	B	-0.21%
VIRT	B	-0.21%
IIPR	D	-0.21%
BL	B	-0.21%
PENN	C	-0.21%
DEI	A	-0.21%
ABR	C	-0.2%
UE	B	-0.2%
SATS	D	-0.2%
AKR	A	-0.19%
FCPT	C	-0.19%
CNS	B	-0.19%
TMDX	F	-0.19%
DV	C	-0.19%
LXP	D	-0.19%
AGYS	B	-0.19%
TDW	F	-0.18%
OUT	A	-0.18%
MPW	F	-0.18%
JJSF	C	-0.18%
NARI	C	-0.18%
VCEL	B	-0.18%
CXW	C	-0.17%
YOU	D	-0.17%
BANF	B	-0.17%
OSIS	A	-0.17%
URBN	C	-0.16%
ROIC	A	-0.16%
IPAR	B	-0.16%
CWEN	C	-0.16%
DOCN	D	-0.16%
SHO	C	-0.15%
GRBK	D	-0.15%
LMAT	B	-0.15%
B	A	-0.15%
PRVA	B	-0.15%
JOE	F	-0.14%
NEO	C	-0.14%
MCY	B	-0.14%
VYX	C	-0.14%
STC	A	-0.14%
DRH	B	-0.13%
RAMP	C	-0.13%
TNDM	F	-0.13%
LTC	B	-0.12%
FTRE	C	-0.12%
PEB	D	-0.11%
VECO	F	-0.11%
WS	B	-0.11%
XHR	A	-0.11%
NTCT	B	-0.11%
PZZA	F	-0.11%
GTY	A	-0.11%
UVV	B	-0.1%
MYGN	F	-0.1%
HLIT	F	-0.1%
UNIT	B	-0.1%
ALEX	B	-0.1%
ELME	D	-0.1%
TGI	B	-0.1%
SNDR	B	-0.1%
GNL	D	-0.1%
SABR	C	-0.1%
VRE	C	-0.1%
VICR	B	-0.09%
RC	D	-0.09%
JBGS	D	-0.09%
AAT	B	-0.09%
STAA	F	-0.09%
EXPI	C	-0.08%
MXL	C	-0.08%
EFC	C	-0.08%
CERT	D	-0.08%
FIZZ	B	-0.08%
CSR	B	-0.08%
ARLO	C	-0.08%
QNST	C	-0.08%
PBI	B	-0.08%
NVEE	F	-0.08%
PMT	D	-0.08%
ARI	C	-0.08%
DEA	D	-0.08%
RWT	D	-0.07%
CXM	C	-0.07%
PDFS	C	-0.07%
XRX	F	-0.07%
NXRT	B	-0.07%
FBRT	C	-0.07%
BSIG	B	-0.06%
EMBC	C	-0.06%
CFFN	B	-0.06%
WOLF	F	-0.06%
JACK	D	-0.06%
BDN	C	-0.06%
CWEN	C	-0.06%
WSR	A	-0.05%
INN	C	-0.05%
KREF	D	-0.05%
NABL	F	-0.05%
BLFS	C	-0.05%
AHH	D	-0.05%
UHT	D	-0.04%
NVRI	F	-0.04%
LESL	C	-0.04%
IRWD	F	-0.04%
FWRD	D	-0.04%
SVC	F	-0.03%
SLP	D	-0.03%
BFS	C	-0.03%
HPP	F	-0.03%