AVUV vs. SPSM ETF Comparison

Comparison of Avantis U.S. Small Cap Value ETF (AVUV) to SPDR Portfolio Small Cap ETF (SPSM)

AVUV

Avantis U.S. Small Cap Value ETF

AVUV Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of U.S. small cap companies across market sectors and industry groups. Under normal market conditions, it will invest at least 80% of its assets in securities of small capitalization companies located in the United States. The fund also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$98.19

Average Daily Volume

673,132

Number of Holdings ^*

712

* 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

$45.93

Average Daily Volume

1,266,382

Number of Holdings ^*

587

* may have additional holdings in another (foreign) market

Performance

Period	AVUV	SPSM
30 Days	3.92%	2.38%
60 Days	5.16%	4.02%
90 Days	3.10%	4.25%
12 Months	31.64%	32.08%

236 Overlapping Holdings

Symbol	Grade	Weight in AVUV	Weight in SPSM	Overlap
AAP	F	0.21%	0.17%	0.17%
ABCB	B	0.23%	0.3%	0.23%
AEO	D	0.67%	0.27%	0.27%
AGO	C	0.44%	0.31%	0.31%
AL	D	0.77%	0.33%	0.33%
ALGT	C	0.17%	0.06%	0.06%
ALK	B	0.81%	0.41%	0.41%
ALKS	C	0.36%	0.34%	0.34%
AMBC	D	0.06%	0.04%	0.04%
AMPH	C	0.17%	0.13%	0.13%
AMR	F	0.47%	0.19%	0.19%
AMSF	B	0.01%	0.07%	0.01%
ANDE	F	0.33%	0.12%	0.12%
ANIP	D	0.02%	0.07%	0.02%
AOSL	C	0.05%	0.07%	0.05%
APOG	C	0.29%	0.13%	0.13%
ARCB	F	0.34%	0.18%	0.18%
ARCH	D	0.49%	0.2%	0.2%
AROC	C	0.62%	0.27%	0.27%
ASIX	C	0.12%	0.06%	0.06%
ASO	D	0.23%	0.29%	0.23%
ASTE	D	0.0%	0.05%	0.0%
AX	D	0.47%	0.25%	0.25%
AXL	D	0.13%	0.05%	0.05%
BANC	B	0.12%	0.14%	0.12%
BANF	B	0.0%	0.15%	0.0%
BANR	B	0.25%	0.16%	0.16%
BCC	C	0.9%	0.41%	0.41%
BFH	D	0.39%	0.18%	0.18%
BGS	D	0.1%	0.05%	0.05%
BHE	C	0.26%	0.12%	0.12%
BHLB	B	0.09%	0.08%	0.08%
BJRI	C	0.13%	0.06%	0.06%
BKE	B	0.21%	0.09%	0.09%
BKU	C	0.34%	0.2%	0.2%
BOH	C	0.27%	0.19%	0.19%
BRKL	B	0.1%	0.07%	0.07%
BTU	C	0.57%	0.25%	0.25%
CABO	D	0.09%	0.12%	0.09%
CAKE	B	0.28%	0.14%	0.14%
CAL	F	0.2%	0.08%	0.08%
CALM	B	0.66%	0.28%	0.28%
CARS	F	0.11%	0.07%	0.07%
CASH	B	0.24%	0.13%	0.13%
CATY	B	0.37%	0.23%	0.23%
CBRL	D	0.15%	0.07%	0.07%
CEIX	C	0.48%	0.22%	0.22%
CENT	F	0.04%	0.02%	0.02%
CENTA	F	0.21%	0.11%	0.11%
CENX	C	0.07%	0.07%	0.07%
CHCO	B	0.04%	0.13%	0.04%
CHUY	B	0.03%	0.05%	0.03%
CLW	F	0.1%	0.04%	0.04%
CMA	B	0.02%	0.6%	0.02%
CNXN	C	0.13%	0.07%	0.07%
CPF	B	0.1%	0.06%	0.06%
CRC	C	0.69%	0.27%	0.27%
CRGY	C	0.26%	0.15%	0.15%
CRK	C	0.2%	0.08%	0.08%
CUBI	F	0.2%	0.1%	0.1%
CVBF	C	0.03%	0.18%	0.03%
CVI	D	0.09%	0.06%	0.06%
DAN	D	0.26%	0.1%	0.1%
DCOM	B	0.12%	0.08%	0.08%
DIOD	D	0.2%	0.22%	0.2%
DNOW	F	0.11%	0.1%	0.1%
DXC	C	0.65%	0.27%	0.27%
ECPG	D	0.0%	0.08%	0.0%
EGBN	C	0.08%	0.05%	0.05%
EIG	B	0.15%	0.09%	0.09%
ETD	D	0.12%	0.05%	0.05%
EZPW	B	0.03%	0.04%	0.03%
FBK	B	0.03%	0.12%	0.03%
FBNC	B	0.02%	0.13%	0.02%
FBP	B	0.44%	0.25%	0.25%
FCF	C	0.2%	0.13%	0.13%
FDP	B	0.14%	0.07%	0.07%
FFBC	C	0.02%	0.18%	0.02%
FL	F	0.13%	0.14%	0.13%
FULT	D	0.33%	0.24%	0.24%
GBX	C	0.27%	0.12%	0.12%
GDEN	F	0.05%	0.05%	0.05%
GDOT	C	0.04%	0.05%	0.04%
GES	F	0.11%	0.04%	0.04%
GIII	C	0.25%	0.09%	0.09%
GNW	C	0.29%	0.23%	0.23%
GPRE	F	0.04%	0.07%	0.04%
GRBK	B	0.13%	0.18%	0.13%
GVA	B	0.2%	0.27%	0.2%
HAFC	B	0.08%	0.04%	0.04%
HCC	C	0.63%	0.25%	0.25%
HCI	A	0.08%	0.07%	0.07%
HFWA	B	0.03%	0.06%	0.03%
HLX	F	0.28%	0.11%	0.11%
HMN	B	0.0%	0.11%	0.0%
HOPE	B	0.17%	0.11%	0.11%
HP	D	0.53%	0.26%	0.26%
HRMY	D	0.17%	0.08%	0.08%
HSII	C	0.02%	0.06%	0.02%
HTH	D	0.06%	0.11%	0.06%
HTLD	F	0.07%	0.04%	0.04%
HTZ	F	0.04%	0.03%	0.03%
HUBG	D	0.37%	0.19%	0.19%
HWKN	C	0.25%	0.18%	0.18%
IBTX	B	0.06%	0.15%	0.06%
IDCC	B	0.64%	0.29%	0.29%
IIIN	F	0.1%	0.05%	0.05%
INDB	C	0.13%	0.19%	0.13%
INVA	B	0.12%	0.08%	0.08%
JBLU	A	0.34%	0.15%	0.15%
JBSS	D	0.06%	0.07%	0.06%
JXN	C	0.91%	0.56%	0.56%
KALU	D	0.17%	0.09%	0.09%
KELYA	F	0.1%	0.05%	0.05%
KFY	D	0.03%	0.28%	0.03%
KLG	D	0.14%	0.09%	0.09%
KLIC	D	0.08%	0.18%	0.08%
KMT	B	0.34%	0.14%	0.14%
KSS	D	0.44%	0.16%	0.16%
LBRT	F	0.62%	0.25%	0.25%
LCII	B	0.4%	0.22%	0.22%
LKFN	D	0.03%	0.12%	0.03%
LNN	F	0.01%	0.1%	0.01%
LPG	F	0.26%	0.09%	0.09%
LZB	D	0.27%	0.12%	0.12%
MARA	D	0.29%	0.34%	0.29%
MATV	F	0.12%	0.07%	0.07%
MATX	C	0.86%	0.34%	0.34%
MCRI	C	0.17%	0.07%	0.07%
MCY	B	0.06%	0.13%	0.06%
MGY	C	0.77%	0.38%	0.38%
MHO	B	0.78%	0.33%	0.33%
MLI	C	0.81%	0.61%	0.61%
MRTN	F	0.17%	0.07%	0.07%
MTH	B	0.19%	0.53%	0.19%
MTUS	F	0.1%	0.04%	0.04%
MYE	F	0.03%	0.04%	0.03%
MYRG	D	0.01%	0.15%	0.01%
NAVI	C	0.16%	0.09%	0.09%
NBHC	C	0.11%	0.12%	0.11%
NBR	F	0.11%	0.05%	0.05%
NBTB	D	0.09%	0.15%	0.09%
NMIH	C	0.45%	0.24%	0.24%
NOG	D	0.67%	0.29%	0.29%
NWBI	C	0.11%	0.12%	0.11%
NX	D	0.15%	0.1%	0.1%
ODP	D	0.18%	0.08%	0.08%
OFG	D	0.27%	0.15%	0.15%
OII	F	0.38%	0.2%	0.2%
OXM	F	0.2%	0.08%	0.08%
PAHC	B	0.07%	0.04%	0.04%
PARR	F	0.16%	0.08%	0.08%
PATK	B	0.12%	0.23%	0.12%
PAYO	A	0.14%	0.15%	0.14%
PCRX	D	0.0%	0.06%	0.0%
PDCO	F	0.15%	0.12%	0.12%
PFBC	C	0.06%	0.08%	0.06%
PFS	B	0.13%	0.18%	0.13%
PHIN	D	0.35%	0.15%	0.15%
PINC	D	0.29%	0.15%	0.15%
PLAB	D	0.28%	0.11%	0.11%
PLMR	C	0.11%	0.18%	0.11%
PLUS	C	0.4%	0.2%	0.2%
PLXS	B	0.24%	0.27%	0.24%
POWL	B	0.47%	0.17%	0.17%
PPBI	C	0.12%	0.18%	0.12%
PRA	C	0.02%	0.06%	0.02%
PRDO	F	0.2%	0.1%	0.1%
PRG	C	0.18%	0.15%	0.15%
PSMT	B	0.39%	0.17%	0.17%
PTEN	F	0.44%	0.22%	0.22%
PTGX	B	0.11%	0.19%	0.11%
PUMP	F	0.15%	0.05%	0.05%
RDN	D	0.69%	0.39%	0.39%
RES	F	0.11%	0.04%	0.04%
REX	F	0.1%	0.06%	0.06%
RGR	D	0.04%	0.05%	0.04%
SAFT	D	0.02%	0.09%	0.02%
SANM	D	0.37%	0.27%	0.27%
SATS	C	0.48%	0.23%	0.23%
SBSI	B	0.05%	0.07%	0.05%
SCHL	F	0.1%	0.05%	0.05%
SCL	D	0.17%	0.12%	0.12%
SCSC	C	0.19%	0.08%	0.08%
SCVL	D	0.12%	0.05%	0.05%
SFBS	B	0.08%	0.29%	0.08%
SFNC	B	0.03%	0.2%	0.03%
SHEN	F	0.03%	0.04%	0.03%
SIG	C	0.62%	0.32%	0.32%
SKYW	B	0.71%	0.27%	0.27%
SLVM	B	0.45%	0.21%	0.21%
SM	D	0.9%	0.39%	0.39%
SMP	F	0.08%	0.05%	0.05%
SNCY	D	0.07%	0.03%	0.03%
SNDR	B	0.16%	0.1%	0.1%
SNEX	B	0.31%	0.18%	0.18%
SONO	D	0.01%	0.11%	0.01%
SPNT	D	0.2%	0.1%	0.1%
SPTN	C	0.12%	0.05%	0.05%
STBA	D	0.17%	0.11%	0.11%
SUPN	B	0.19%	0.13%	0.13%
SXC	D	0.15%	0.06%	0.06%
TALO	F	0.26%	0.1%	0.1%
TBBK	B	0.34%	0.19%	0.19%
TDS	B	0.43%	0.17%	0.17%
THRM	F	0.05%	0.1%	0.05%
TILE	A	0.2%	0.08%	0.08%
TMP	B	0.02%	0.06%	0.02%
TNC	F	0.06%	0.13%	0.06%
TPH	B	0.47%	0.3%	0.3%
TRMK	B	0.18%	0.15%	0.15%
TRN	B	0.36%	0.22%	0.22%
TRST	C	0.07%	0.05%	0.05%
TTMI	C	0.18%	0.14%	0.14%
TWI	F	0.05%	0.03%	0.03%
UCB	D	0.03%	0.25%	0.03%
UFCS	D	0.01%	0.03%	0.01%
UNFI	C	0.19%	0.09%	0.09%
URBN	F	0.45%	0.15%	0.15%
USNA	F	0.04%	0.03%	0.03%
VBTX	B	0.11%	0.1%	0.1%
VRTS	C	0.06%	0.1%	0.06%
VSAT	F	0.06%	0.07%	0.06%
VSTO	B	0.45%	0.19%	0.19%
VTLE	F	0.07%	0.06%	0.06%
VTOL	D	0.09%	0.06%	0.06%
WABC	D	0.16%	0.1%	0.1%
WAFD	B	0.32%	0.21%	0.21%
WD	B	0.35%	0.26%	0.26%
WERN	D	0.4%	0.17%	0.17%
WGO	D	0.19%	0.12%	0.12%
WKC	B	0.2%	0.13%	0.13%
WNC	F	0.14%	0.06%	0.06%
WOR	F	0.15%	0.09%	0.09%
WRLD	D	0.03%	0.03%	0.03%
WSFS	D	0.26%	0.22%	0.22%

AVUV Overweight 476 Positions Relative to SPSM

Symbol	Grade	Weight
MDU	A	0.93%
GATX	D	0.86%
CNX	B	0.86%
CBT	B	0.81%
R	B	0.74%
KBH	D	0.73%
SLM	B	0.71%
HRI	B	0.7%
STNG	F	0.65%
HOG	D	0.65%
SFM	B	0.61%
M	D	0.6%
TEX	D	0.57%
THO	C	0.57%
CNO	B	0.54%
UMBF	B	0.54%
AVT	C	0.52%
GT	D	0.5%
OZK	C	0.5%
HWC	C	0.49%
INSW	D	0.48%
ANF	C	0.47%
COLB	B	0.44%
IBOC	C	0.43%
BHF	C	0.42%
MTG	B	0.42%
AXS	A	0.41%
VSH	F	0.4%
ONB	B	0.38%
COLM	C	0.37%
PII	D	0.37%
VLY	C	0.36%
JWN	B	0.36%
ATKR	F	0.36%
CRI	D	0.35%
KOS	F	0.35%
ESGR	C	0.32%
PBF	D	0.32%
SNV	B	0.31%
ENS	C	0.3%
TCBI	B	0.29%
LPX	B	0.29%
FYBR	C	0.29%
HEES	C	0.29%
AGX	C	0.28%
FNB	C	0.28%
TMHC	B	0.27%
ESNT	B	0.27%
STRL	C	0.27%
MUR	F	0.26%
WTFC	B	0.25%
DHT	C	0.25%
SFL	F	0.24%
ASB	B	0.23%
JELD	D	0.23%
BPOP	B	0.23%
VC	F	0.23%
PFSI	C	0.23%
AGM	C	0.22%
NTB	B	0.22%
EFSC	B	0.22%
ATSG	C	0.21%
CMC	C	0.21%
OPEN	F	0.21%
SCS	D	0.21%
CC	D	0.2%
HHH	C	0.2%
CIVI	F	0.19%
KRP	C	0.19%
WTTR	D	0.19%
GLNG	C	0.19%
BXC	C	0.19%
TPC	B	0.18%
IRDM	C	0.17%
SASR	B	0.17%
WMK	D	0.17%
QCRH	B	0.16%
DOLE	C	0.16%
BUSE	D	0.16%
BELFB	B	0.16%
OEC	F	0.16%
AM	C	0.16%
OMF	D	0.16%
IMKTA	F	0.16%
ASC	F	0.15%
USM	C	0.15%
PLYA	C	0.14%
GNK	F	0.14%
AMRC	D	0.14%
MRC	C	0.14%
TOWN	B	0.14%
HOV	D	0.14%
HTLF	B	0.13%
ACT	B	0.13%
MTDR	F	0.13%
STNE	F	0.13%
MBUU	C	0.13%
EGY	D	0.13%
GPOR	D	0.12%
OCFC	B	0.12%
WAL	C	0.12%
GAP	D	0.12%
LC	C	0.12%
PEBO	C	0.12%
TROX	D	0.12%
RIG	F	0.12%
CNOB	B	0.11%
NAT	D	0.11%
ENLC	A	0.11%
TCBK	C	0.11%
MBIN	C	0.11%
RYI	D	0.11%
EBS	C	0.1%
DAKT	D	0.1%
UAA	B	0.1%
RYAM	C	0.1%
OBK	C	0.1%
NR	F	0.1%
FOR	C	0.1%
PFC	D	0.1%
FRME	C	0.1%
PAGS	F	0.1%
NNI	B	0.09%
BY	D	0.09%
SGHC	B	0.09%
MBWM	C	0.09%
FMBH	C	0.09%
AMAL	A	0.09%
IBCP	B	0.09%
SWBI	D	0.09%
CTBI	B	0.09%
UVSP	B	0.09%
HY	C	0.09%
ZEUS	D	0.08%
GLDD	A	0.08%
LXU	C	0.08%
UTI	D	0.08%
CMRE	C	0.08%
RDUS	D	0.08%
LMB	C	0.08%
SYBT	B	0.08%
BBW	A	0.08%
CLVT	D	0.08%
CFB	D	0.08%
ZION	B	0.08%
UFPI	C	0.08%
CDE	C	0.08%
AMKR	F	0.08%
SEB	F	0.08%
OSBC	B	0.08%
GSBC	D	0.07%
DDS	D	0.07%
GRNT	D	0.07%
BFST	B	0.07%
SD	F	0.07%
FBMS	B	0.07%
NBN	B	0.07%
EBF	F	0.07%
MCB	C	0.07%
NTGR	B	0.07%
CCRN	F	0.07%
CHX	F	0.07%
UVE	D	0.06%
THFF	C	0.06%
ARHS	F	0.06%
ULH	C	0.06%
CCNE	C	0.06%
SB	F	0.06%
HPK	F	0.06%
CVGW	C	0.06%
CVEO	B	0.06%
LOVE	B	0.06%
MCS	A	0.06%
HTBI	D	0.06%
MSBI	C	0.06%
HVT	F	0.06%
SMBC	B	0.06%
SF	B	0.06%
TGLS	B	0.06%
ANET	C	0.06%
BKD	D	0.06%
ATNI	C	0.06%
WASH	B	0.06%
ALIT	D	0.06%
BRY	F	0.06%
HTBK	D	0.06%
SBLK	F	0.06%
PVH	D	0.06%
NGVC	C	0.06%
RBCAA	B	0.06%
GHC	B	0.05%
ZIMV	F	0.05%
SIGA	F	0.05%
MOV	F	0.05%
AMTB	D	0.05%
BHB	D	0.05%
ACCO	D	0.05%
ORRF	B	0.05%
HBNC	B	0.05%
FISI	B	0.05%
FG	C	0.05%
DBI	F	0.05%
OPY	D	0.05%
REPX	C	0.05%
CAC	B	0.05%
OSCR	F	0.05%
CCB	B	0.05%
IESC	B	0.05%
AROW	C	0.05%
USAP	B	0.05%
CLF	D	0.05%
PGC	B	0.05%
ASH	D	0.05%
ODC	C	0.05%
METC	F	0.05%
SKWD	A	0.05%
OSUR	F	0.05%
WTM	B	0.05%
ESQ	B	0.05%
CARE	B	0.04%
RCKY	F	0.04%
PANL	F	0.04%
AMPY	F	0.04%
XPRO	F	0.04%
GCO	C	0.04%
CRCT	C	0.04%
VPG	F	0.04%
AMCX	F	0.04%
MPB	B	0.04%
APEI	F	0.04%
MCBS	B	0.04%
LXFR	B	0.04%
HNRG	C	0.04%
FNKO	B	0.04%
VLGEA	D	0.04%
KE	D	0.04%
SMBK	B	0.04%
SPFI	A	0.04%
NWPX	B	0.04%
FFIC	C	0.04%
RBB	B	0.04%
BVS	B	0.04%
NRIM	B	0.04%
MCFT	F	0.04%
UA	B	0.04%
NFBK	B	0.04%
SHBI	B	0.03%
DXLG	D	0.03%
NUS	F	0.03%
TBI	D	0.03%
IPI	C	0.03%
MED	F	0.03%
BWB	B	0.03%
SWIM	B	0.03%
TH	F	0.03%
REI	F	0.03%
RNGR	C	0.03%
SRCE	C	0.03%
MOFG	B	0.03%
KRT	C	0.03%
PKOH	C	0.03%
DHIL	B	0.03%
EBC	B	0.03%
USLM	B	0.03%
LOB	B	0.03%
HRTG	F	0.03%
SGC	D	0.03%
HBB	B	0.03%
THG	A	0.03%
HDSN	D	0.03%
LYTS	B	0.03%
FLIC	B	0.03%
CCBG	B	0.03%
FIGS	C	0.03%
FLWS	D	0.03%
JAKK	C	0.03%
LE	C	0.03%
VIRC	D	0.03%
GLRE	B	0.03%
FSBC	B	0.03%
IMMR	F	0.03%
FSTR	D	0.02%
BMRC	B	0.02%
BFC	B	0.02%
MNTK	D	0.02%
PUBM	D	0.02%
PLPC	C	0.02%
VRA	F	0.02%
MEC	C	0.02%
TG	B	0.02%
HIFS	B	0.02%
RMAX	C	0.02%
HBT	C	0.02%
EPM	D	0.02%
HMST	D	0.02%
CVGI	F	0.02%
OIS	F	0.02%
SRI	F	0.02%
LEGH	D	0.02%
CASS	D	0.02%
FRBA	B	0.02%
SFST	C	0.02%
ACIC	F	0.02%
FFWM	C	0.02%
KODK	F	0.02%
ALRS	B	0.02%
INBK	C	0.02%
CNDT	C	0.02%
WLFC	B	0.02%
ACDC	F	0.02%
FLXS	B	0.02%
BSRR	D	0.02%
FSBW	B	0.02%
FIBK	B	0.02%
FBIZ	B	0.02%
HOFT	D	0.02%
CMT	F	0.02%
TTI	D	0.02%
ORN	F	0.02%
FMNB	C	0.02%
HONE	B	0.02%
EQBK	B	0.02%
MERC	D	0.02%
RM	D	0.02%
ACNB	C	0.02%
MEI	D	0.02%
NATR	F	0.02%
EVC	D	0.01%
PWOD	B	0.01%
KNF	B	0.01%
MPX	D	0.01%
VNDA	D	0.01%
BOOM	D	0.01%
XBIT	C	0.01%
OLPX	F	0.01%
LFVN	C	0.01%
GIC	D	0.01%
KEQU	F	0.01%
BSET	C	0.01%
STKS	D	0.01%
OPBK	B	0.01%
ISTR	B	0.01%
TSBK	B	0.01%
CBNK	B	0.01%
FCBC	B	0.01%
ATLC	C	0.01%
KLXE	F	0.01%
FRST	C	0.01%
NC	D	0.01%
KRO	C	0.01%
GABC	B	0.01%
BWFG	B	0.01%
PTSI	F	0.01%
IBEX	C	0.01%
LWAY	C	0.01%
LSEA	D	0.01%
MPAA	F	0.01%
FUNC	A	0.01%
CBAN	B	0.01%
BCML	B	0.01%
ALTG	F	0.01%
EVBN	B	0.01%
LCUT	F	0.01%
VEL	B	0.01%
PKBK	B	0.01%
GEOS	D	0.01%
GHM	C	0.01%
ACTG	D	0.01%
GNTY	C	0.01%
ITIC	B	0.01%
METCB	D	0.01%
EBTC	B	0.01%
JRVR	D	0.01%
MFIN	C	0.01%
KFRC	F	0.01%
ESOA	C	0.01%
FLL	D	0.01%
PCB	D	0.01%
TTSH	C	0.01%
LTH	B	0.01%
UEIC	F	0.01%
BELFA	A	0.01%
MVBF	D	0.01%
OBT	D	0.01%
NGS	D	0.01%
ACU	D	0.01%
RLGT	C	0.01%
LNTH	C	0.01%
MTW	D	0.01%
KRNY	C	0.01%
WSBF	D	0.01%
RICK	F	0.01%
MWA	C	0.01%
UNTY	B	0.01%
TCBX	B	0.01%
CLAR	F	0.01%
CIVB	B	0.01%
IMXI	D	0.01%
FF	C	0.01%
PBYI	D	0.01%
HBCP	A	0.01%
BCBP	B	0.01%
NNBR	C	0.01%
TAYD	D	0.01%
WTBA	C	0.01%
CPHC	F	0.0%
MRBK	C	0.0%
NKSH	C	0.0%
PDEX	C	0.0%
CMLS	F	0.0%
SRTS	C	0.0%
WNEB	B	0.0%
PLBC	B	0.0%
KVHI	D	0.0%
MNSB	C	0.0%
FGBI	D	0.0%
ESCA	C	0.0%
MYFW	B	0.0%
UTMD	F	0.0%
MTRX	C	0.0%
LAKE	D	0.0%
CNTY	D	0.0%
ATLO	F	0.0%
VABK	B	0.0%
FDBC	C	0.0%
BCAL	F	0.0%
PVBC	C	0.0%
WOW	D	0.0%
AOUT	C	0.0%
PHX	B	0.0%
WEYS	B	0.0%
OB	D	0.0%
MYPS	F	0.0%
SPWH	D	0.0%
LPRO	D	0.0%
KINS	C	0.0%
ZUMZ	D	0.0%
NWFL	C	0.0%
DLTH	D	0.0%
CZFS	B	0.0%
PNRG	C	0.0%
CSPI	D	0.0%
NIC	B	0.0%
PYXS	D	0.0%
UFI	C	0.0%
SEG	D	0.0%
RRBI	D	0.0%
CCRD	F	0.0%
TBNK	C	0.0%
FVCB	C	0.0%
CHMG	C	0.0%
QUAD	C	0.0%
COFS	B	0.0%
CRD.B	C	0.0%
PFIS	B	0.0%
PEBK	F	0.0%
VHI	B	0.0%
CFFI	C	0.0%
FONR	F	0.0%
HWBK	C	0.0%
OVLY	C	0.0%
EPSN	C	0.0%
FNLC	C	0.0%
CATO	C	0.0%
CBFV	B	0.0%
EML	C	0.0%
RVSB	C	0.0%
NEU	F	0.0%
TWIN	F	0.0%
CPSS	C	0.0%
FRAF	D	0.0%
AVO	C	0.0%
FET	F	0.0%
BSVN	B	0.0%
BFIN	B	0.0%
UBFO	A	0.0%

AVUV Underweight 351 Positions Relative to SPSM

Symbol	Grade	Weight
CRS	C	-0.61%
ATI	D	-0.59%
SPSC	D	-0.55%
GKOS	B	-0.53%
RHI	D	-0.52%
BBWI	D	-0.52%
VFC	C	-0.51%
BMI	D	-0.5%
LUMN	C	-0.48%
CSWI	B	-0.47%
NSIT	B	-0.46%
COOP	B	-0.46%
INSP	C	-0.46%
AVAV	B	-0.44%
AWI	B	-0.44%
ETSY	F	-0.43%
EPRT	A	-0.43%
MOG.A	C	-0.42%
ACIW	C	-0.41%
DY	B	-0.41%
IBP	C	-0.41%
MMSI	D	-0.41%
FSS	D	-0.41%
BCPC	D	-0.41%
PI	C	-0.4%
LNC	C	-0.4%
ZWS	B	-0.39%
SEE	C	-0.38%
BOOT	B	-0.37%
BOX	C	-0.36%
ITRI	C	-0.36%
CTRE	B	-0.35%
OGN	F	-0.35%
GPI	D	-0.35%
MC	B	-0.35%
PIPR	B	-0.34%
TMDX	F	-0.34%
ACA	B	-0.34%
KRYS	D	-0.33%
SLG	A	-0.33%
VRRM	D	-0.33%
SHAK	B	-0.33%
PECO	D	-0.33%
ABG	D	-0.33%
CORT	A	-0.32%
RDNT	C	-0.32%
FUL	D	-0.32%
ITGR	B	-0.32%
ICUI	B	-0.32%
FELE	C	-0.31%
WHD	D	-0.31%
GTES	B	-0.3%
KTB	A	-0.3%
ADMA	F	-0.3%
AEIS	C	-0.3%
MAC	A	-0.29%
RXO	C	-0.29%
HASI	B	-0.29%
IAC	C	-0.28%
SKT	A	-0.28%
IIPR	B	-0.28%
EAT	B	-0.28%
FTDR	B	-0.28%
STEP	B	-0.28%
MSGS	B	-0.27%
FORM	F	-0.27%
GMS	C	-0.27%
SITM	C	-0.26%
SHOO	B	-0.26%
CVCO	B	-0.26%
RUN	F	-0.26%
SEM	D	-0.26%
BGC	D	-0.26%
WDFC	D	-0.26%
HIW	A	-0.26%
TDW	F	-0.25%
AUB	C	-0.25%
NPO	C	-0.25%
PJT	B	-0.25%
CCOI	A	-0.25%
APLE	C	-0.25%
HIMS	C	-0.25%
PBH	D	-0.25%
LRN	F	-0.24%
ENV	C	-0.24%
OTTR	F	-0.24%
SMTC	C	-0.24%
ACLS	F	-0.24%
SXT	B	-0.24%
MGEE	B	-0.24%
BRC	B	-0.24%
ABM	C	-0.24%
JBT	C	-0.23%
DORM	B	-0.23%
CBU	B	-0.23%
CWT	D	-0.23%
CNK	B	-0.23%
BXMT	C	-0.23%
YOU	B	-0.23%
AWR	B	-0.23%
SMPL	F	-0.23%
ESE	B	-0.23%
RUSHA	C	-0.23%
NWL	C	-0.23%
ABR	B	-0.22%
DEI	A	-0.22%
REZI	C	-0.22%
TGTX	D	-0.22%
FHB	C	-0.22%
AVA	D	-0.22%
APAM	A	-0.22%
MPW	D	-0.22%
ATGE	D	-0.21%
DOCN	B	-0.21%
PENN	D	-0.21%
UNF	B	-0.21%
CRVL	D	-0.21%
IOSP	D	-0.21%
PRGS	C	-0.21%
LXP	D	-0.21%
CWK	C	-0.21%
BL	C	-0.21%
TGNA	A	-0.2%
CPK	B	-0.2%
ALRM	F	-0.2%
CCS	B	-0.2%
VIRT	B	-0.2%
CARG	B	-0.2%
FCPT	B	-0.2%
GFF	C	-0.2%
OUT	B	-0.19%
AGYS	B	-0.19%
UE	A	-0.19%
HBI	B	-0.19%
JJSF	C	-0.19%
DV	F	-0.18%
TNDM	F	-0.18%
ASTH	B	-0.18%
PRK	C	-0.18%
MTX	C	-0.18%
AKR	A	-0.18%
HNI	B	-0.18%
CNS	B	-0.18%
KWR	F	-0.17%
ENVA	B	-0.17%
CPRX	B	-0.17%
JOE	C	-0.17%
UFPT	D	-0.17%
LGIH	C	-0.17%
YELP	D	-0.17%
ADUS	C	-0.17%
CWEN	D	-0.17%
AZZ	D	-0.17%
EPAC	B	-0.17%
OSIS	D	-0.17%
SXI	C	-0.16%
HAYW	B	-0.16%
SHO	D	-0.16%
MYGN	F	-0.16%
EVTC	D	-0.16%
AIR	F	-0.16%
MP	C	-0.16%
B	A	-0.16%
STRA	F	-0.16%
ROCK	F	-0.16%
CALX	C	-0.16%
MTRN	F	-0.16%
SBCF	B	-0.16%
AIN	F	-0.16%
GSHD	B	-0.16%
IPAR	F	-0.16%
OMCL	D	-0.15%
ZD	D	-0.15%
VSCO	C	-0.15%
VCEL	F	-0.15%
ROIC	A	-0.15%
EXTR	C	-0.15%
VIAV	C	-0.15%
RNST	C	-0.15%
ENR	C	-0.15%
NARI	D	-0.15%
NATL	D	-0.15%
OI	D	-0.15%
HI	F	-0.14%
DRH	C	-0.14%
LGND	B	-0.14%
VECO	F	-0.14%
LMAT	C	-0.14%
STC	D	-0.14%
GEO	C	-0.14%
THS	B	-0.14%
CNMD	F	-0.14%
VYX	F	-0.14%
ADNT	D	-0.14%
FTRE	F	-0.13%
TFIN	D	-0.13%
SJW	D	-0.13%
EPC	F	-0.13%
KAR	D	-0.13%
VSTS	D	-0.13%
LEG	D	-0.13%
DFIN	D	-0.13%
UCTT	D	-0.13%
ROG	F	-0.13%
NEO	F	-0.13%
PRVA	F	-0.13%
ALG	D	-0.13%
MRCY	D	-0.13%
STAA	F	-0.12%
GTY	B	-0.12%
GO	D	-0.12%
PEB	F	-0.12%
LTC	D	-0.12%
HLIT	D	-0.12%
TRUP	B	-0.12%
TRIP	D	-0.12%
RAMP	D	-0.12%
PZZA	D	-0.12%
FOXF	D	-0.12%
MLKN	F	-0.12%
HELE	D	-0.12%
GNL	B	-0.12%
MODG	D	-0.11%
UPBD	F	-0.11%
AMWD	C	-0.11%
CXW	D	-0.11%
CTS	C	-0.11%
NHC	D	-0.11%
AMN	F	-0.11%
ELME	D	-0.11%
NTCT	C	-0.11%
NWN	B	-0.11%
XHR	C	-0.11%
JBGS	B	-0.11%
KN	C	-0.11%
UVV	F	-0.1%
SABR	C	-0.1%
DEA	A	-0.1%
SBH	D	-0.1%
IART	F	-0.1%
PGNY	F	-0.1%
CERT	F	-0.1%
WWW	C	-0.1%
UNIT	C	-0.1%
ALEX	D	-0.1%
CSGS	C	-0.1%
CHEF	D	-0.1%
VRE	B	-0.1%
COHU	D	-0.09%
WS	C	-0.09%
USPH	D	-0.09%
BLMN	D	-0.09%
COLL	C	-0.09%
NVEE	D	-0.09%
WT	C	-0.09%
WOLF	D	-0.09%
RC	F	-0.09%
XRX	D	-0.09%
NGVT	F	-0.09%
PMT	B	-0.09%
KW	C	-0.09%
AAT	A	-0.09%
DVAX	F	-0.09%
XNCR	C	-0.09%
ICHR	F	-0.08%
AVNS	D	-0.08%
PLAY	D	-0.08%
DGII	C	-0.08%
MD	B	-0.08%
FBRT	B	-0.08%
SEDG	F	-0.08%
QNST	C	-0.08%
FIZZ	D	-0.08%
AHCO	D	-0.08%
MXL	D	-0.08%
ATEN	C	-0.08%
PBI	C	-0.08%
CSR	D	-0.08%
EXPI	D	-0.08%
ARI	F	-0.08%
ARLO	F	-0.08%
MSEX	C	-0.08%
EFC	D	-0.08%
MGPI	F	-0.08%
TGI	C	-0.08%
PRAA	F	-0.07%
CWEN	D	-0.07%
CXM	F	-0.07%
NABL	D	-0.07%
RCUS	C	-0.07%
UTL	D	-0.07%
NXRT	D	-0.07%
CLB	D	-0.07%
SDGR	F	-0.07%
AORT	C	-0.07%
VICR	C	-0.07%
BDN	A	-0.07%
PDFS	F	-0.07%
RWT	B	-0.07%
XPEL	F	-0.07%
OMI	F	-0.07%
PRLB	F	-0.06%
HAIN	C	-0.06%
EMBC	F	-0.06%
KOP	F	-0.06%
AHH	D	-0.06%
HCSG	F	-0.06%
VVI	C	-0.06%
SSTK	F	-0.06%
SAH	D	-0.06%
HAYN	A	-0.06%
BLFS	D	-0.06%
NVRI	D	-0.06%
SVC	F	-0.06%
EYE	F	-0.06%
MNRO	C	-0.06%
MMI	D	-0.06%
JACK	F	-0.06%
DLX	D	-0.06%
HPP	D	-0.05%
CEVA	C	-0.05%
WSR	A	-0.05%
IRWD	F	-0.05%
MCW	D	-0.05%
MLAB	B	-0.05%
VIR	F	-0.05%
KREF	C	-0.05%
DXPE	C	-0.05%
HSTM	C	-0.05%
FWRD	C	-0.05%
BSIG	A	-0.05%
MATW	F	-0.05%
INN	D	-0.05%
SWI	B	-0.05%
CFFN	C	-0.05%
BFS	B	-0.04%
TR	D	-0.04%
LESL	F	-0.04%
SLP	D	-0.04%
LQDT	D	-0.04%
CTKB	F	-0.04%
UHT	D	-0.04%
THRY	F	-0.04%
HZO	D	-0.04%
TTGT	D	-0.04%
NPK	D	-0.03%
CNSL	B	-0.03%
GOGO	F	-0.03%
FLGT	F	-0.03%
RGNX	F	-0.03%
CRSR	D	-0.02%