BBMC vs. SMLF ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) to iShares FactorSelect MSCI USA Small-Cap ETF (SMLF)

BBMC

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

BBMC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MorningstarÂ® US Mid Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index consists of equity securities primarily traded in the United States and targets those securities that fall between the 85th and 95th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$103.59

Average Daily Volume

37,279

Number of Holdings ^*

571

* may have additional holdings in another (foreign) market

SMLF

iShares FactorSelect MSCI USA Small-Cap ETF

SMLF Description

The investment seeks to track the investment results of the MSCI USA Small Cap Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The underlying index is designed to select equity securities from MSCI USA Small Cap Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$73.06

Average Daily Volume

71,849

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

Performance

Period	BBMC	SMLF
30 Days	9.15%	10.53%
60 Days	9.85%	10.49%
90 Days	11.48%	11.95%
12 Months	34.64%	40.74%

372 Overlapping Holdings

Symbol	Grade	Weight in BBMC	Weight in SMLF	Overlap
AA	B	0.27%	0.13%	0.13%
ABG	B	0.13%	0.15%	0.13%
ACA	A	0.13%	0.1%	0.1%
ACAD	D	0.05%	0.11%	0.05%
ACHC	F	0.09%	0.04%	0.04%
ACLS	F	0.06%	0.12%	0.06%
ACM	A	0.37%	0.19%	0.19%
AEIS	B	0.1%	0.01%	0.01%
AFRM	B	0.36%	0.07%	0.07%
AGCO	D	0.15%	0.2%	0.15%
AGNC	D	0.19%	0.16%	0.16%
AGO	B	0.12%	0.27%	0.12%
AIT	A	0.26%	0.12%	0.12%
AIZ	A	0.29%	0.17%	0.17%
ALGM	D	0.06%	0.01%	0.01%
ALIT	C	0.08%	0.09%	0.08%
ALKS	B	0.12%	0.3%	0.12%
ALSN	B	0.26%	0.56%	0.26%
ALV	C	0.17%	0.08%	0.08%
AM	A	0.13%	0.37%	0.13%
AMG	B	0.15%	0.23%	0.15%
AMH	D	0.3%	0.25%	0.25%
AN	C	0.11%	0.24%	0.11%
ANF	C	0.18%	0.3%	0.18%
APG	B	0.17%	0.09%	0.09%
APLS	D	0.05%	0.05%	0.05%
APP	B	1.55%	1.49%	1.49%
AR	B	0.24%	0.21%	0.21%
ARW	D	0.15%	0.18%	0.15%
ARWR	F	0.06%	0.04%	0.04%
ASGN	F	0.1%	0.01%	0.01%
ASH	D	0.09%	0.07%	0.07%
ASO	F	0.09%	0.06%	0.06%
ATI	D	0.18%	0.14%	0.14%
ATKR	C	0.08%	0.2%	0.08%
AVNT	B	0.12%	0.18%	0.12%
AWR	B	0.08%	0.12%	0.08%
AXS	A	0.17%	0.01%	0.01%
AXSM	B	0.09%	0.22%	0.09%
AXTA	A	0.21%	0.03%	0.03%
AYI	B	0.25%	0.35%	0.25%
AZEK	A	0.17%	0.06%	0.06%
BBWI	D	0.18%	0.2%	0.18%
BC	C	0.14%	0.09%	0.09%
BCPC	B	0.14%	0.04%	0.04%
BDC	B	0.12%	0.08%	0.08%
BECN	B	0.17%	0.1%	0.1%
BERY	B	0.19%	0.1%	0.1%
BILL	A	0.21%	0.04%	0.04%
BJ	A	0.27%	0.16%	0.16%
BKH	A	0.11%	0.01%	0.01%
BL	B	0.07%	0.16%	0.07%
BLD	D	0.28%	0.21%	0.21%
BLKB	B	0.09%	0.13%	0.09%
BMI	B	0.16%	0.16%	0.16%
BOX	B	0.12%	0.08%	0.08%
BPMC	C	0.14%	0.13%	0.13%
BPOP	B	0.17%	0.53%	0.17%
BRBR	A	0.24%	0.06%	0.06%
BRKR	D	0.12%	0.14%	0.12%
BRX	A	0.22%	0.37%	0.22%
BWXT	B	0.29%	0.13%	0.13%
BYD	C	0.12%	0.01%	0.01%
CACC	D	0.07%	0.08%	0.07%
CACI	D	0.25%	0.02%	0.02%
CAR	C	0.04%	0.09%	0.04%
CASY	A	0.38%	0.06%	0.06%
CBSH	A	0.23%	0.24%	0.23%
CBT	C	0.15%	0.12%	0.12%
CC	C	0.07%	0.06%	0.06%
CELH	F	0.1%	0.04%	0.04%
CFR	B	0.21%	0.25%	0.21%
CHDN	B	0.25%	0.1%	0.1%
CHE	D	0.21%	0.3%	0.21%
CHRD	D	0.2%	0.03%	0.03%
CHX	C	0.15%	0.11%	0.11%
CIEN	B	0.24%	0.03%	0.03%
CLH	B	0.31%	0.07%	0.07%
CLVT	F	0.04%	0.02%	0.02%
CMA	A	0.23%	0.0%	0.0%
CMC	B	0.17%	0.14%	0.14%
CNM	D	0.2%	0.36%	0.2%
CNS	B	0.07%	0.03%	0.03%
COKE	C	0.16%	0.22%	0.16%
COOP	B	0.15%	0.41%	0.15%
COTY	F	0.07%	0.06%	0.06%
CR	A	0.21%	0.35%	0.21%
CRC	B	0.08%	0.1%	0.08%
CROX	D	0.15%	0.19%	0.15%
CRSP	D	0.1%	0.02%	0.02%
CRUS	D	0.14%	0.11%	0.11%
CSL	C	0.51%	0.41%	0.41%
CUBE	D	0.27%	0.11%	0.11%
CUZ	B	0.11%	0.08%	0.08%
CVNA	B	0.7%	0.46%	0.46%
CW	B	0.34%	0.23%	0.23%
CWEN	C	0.02%	0.15%	0.02%
CWEN	C	0.06%	0.15%	0.06%
CYTK	F	0.15%	0.11%	0.11%
DCI	B	0.23%	0.18%	0.18%
DDS	B	0.04%	0.31%	0.04%
DINO	D	0.18%	0.01%	0.01%
DKS	C	0.29%	0.38%	0.29%
DNB	B	0.08%	0.03%	0.03%
DOCS	C	0.16%	0.15%	0.15%
DTM	B	0.25%	0.2%	0.2%
DUOL	A	0.28%	0.44%	0.28%
EDR	A	0.14%	0.02%	0.02%
EEFT	B	0.11%	0.09%	0.09%
EGP	F	0.21%	0.09%	0.09%
EHC	B	0.25%	0.05%	0.05%
ELAN	D	0.17%	0.08%	0.08%
ELF	C	0.16%	0.2%	0.16%
EME	C	0.59%	0.94%	0.59%
ENS	D	0.1%	0.04%	0.04%
ENSG	D	0.2%	0.14%	0.14%
EPR	D	0.08%	0.02%	0.02%
ESAB	B	0.17%	0.18%	0.17%
ESI	A	0.16%	0.15%	0.15%
ESTC	C	0.18%	0.26%	0.18%
ETSY	D	0.15%	0.2%	0.15%
EVH	F	0.04%	0.02%	0.02%
EVR	B	0.27%	0.81%	0.27%
EXEL	B	0.25%	0.24%	0.24%
EXLS	B	0.18%	0.23%	0.18%
EXPO	D	0.12%	0.09%	0.09%
FAF	A	0.17%	0.16%	0.16%
FCN	D	0.17%	0.04%	0.04%
FFIN	B	0.15%	0.05%	0.05%
FHI	A	0.09%	0.11%	0.09%
FHN	A	0.28%	0.04%	0.04%
FIVN	C	0.07%	0.08%	0.07%
FIX	A	0.4%	0.44%	0.4%
FLO	D	0.11%	0.06%	0.06%
FLR	B	0.23%	0.08%	0.08%
FLYW	C	0.05%	0.04%	0.04%
FN	D	0.21%	0.06%	0.06%
FOLD	F	0.06%	0.05%	0.05%
FR	C	0.16%	0.31%	0.16%
FSS	B	0.14%	0.02%	0.02%
FYBR	D	0.16%	0.13%	0.13%
GAP	C	0.12%	0.23%	0.12%
GATX	A	0.13%	0.15%	0.13%
GEF	A	0.04%	0.01%	0.01%
GGG	B	0.38%	0.3%	0.3%
GLPI	C	0.32%	0.18%	0.18%
GME	C	0.26%	0.16%	0.16%
GMED	A	0.23%	0.03%	0.03%
GNRC	B	0.28%	0.15%	0.15%
GOLF	B	0.05%	0.13%	0.05%
GPI	A	0.14%	0.22%	0.14%
GPK	C	0.22%	0.26%	0.22%
GTLB	B	0.17%	0.39%	0.17%
GWRE	A	0.41%	0.01%	0.01%
HAE	C	0.11%	0.2%	0.11%
HALO	F	0.14%	0.24%	0.14%
HAS	D	0.2%	0.19%	0.19%
HI	C	0.06%	0.09%	0.06%
HLI	B	0.24%	0.18%	0.18%
HOG	D	0.11%	0.15%	0.11%
HP	B	0.08%	0.1%	0.08%
HQY	B	0.22%	0.01%	0.01%
HRB	D	0.21%	0.4%	0.21%
HUN	F	0.08%	0.1%	0.08%
HWC	B	0.12%	0.08%	0.08%
HXL	D	0.12%	0.01%	0.01%
IBKR	A	0.49%	0.45%	0.45%
IBP	D	0.12%	0.04%	0.04%
IDA	A	0.15%	0.46%	0.15%
INSP	D	0.13%	0.12%	0.12%
IONS	F	0.12%	0.14%	0.12%
IOT	A	0.24%	0.41%	0.24%
IPAR	B	0.06%	0.13%	0.06%
IRTC	D	0.06%	0.06%	0.06%
ITCI	C	0.2%	0.06%	0.06%
ITT	A	0.32%	0.31%	0.31%
IVZ	B	0.14%	0.1%	0.1%
JBL	B	0.35%	0.55%	0.35%
JEF	A	0.3%	0.4%	0.3%
JHG	A	0.14%	0.31%	0.14%
JXN	C	0.18%	0.0%	0.0%
KBR	F	0.2%	0.12%	0.12%
KD	B	0.16%	0.06%	0.06%
KNSL	B	0.26%	0.18%	0.18%
KRC	C	0.11%	0.12%	0.11%
KRG	B	0.15%	0.17%	0.15%
LAMR	D	0.28%	0.33%	0.28%
LANC	C	0.09%	0.02%	0.02%
LBRDA	C	0.04%	0.4%	0.04%
LECO	B	0.3%	0.05%	0.05%
LFUS	F	0.15%	0.05%	0.05%
LNTH	D	0.13%	0.17%	0.13%
LNW	D	0.21%	0.17%	0.17%
LPX	B	0.19%	0.41%	0.19%
LSCC	D	0.17%	0.23%	0.17%
LSTR	D	0.16%	0.1%	0.1%
LTH	C	0.04%	0.03%	0.03%
LYFT	C	0.15%	0.1%	0.1%
M	D	0.1%	0.19%	0.1%
MAN	D	0.07%	0.04%	0.04%
MANH	D	0.42%	0.5%	0.42%
MASI	A	0.18%	0.08%	0.08%
MAT	D	0.16%	0.12%	0.12%
MDGL	B	0.12%	0.11%	0.11%
MDU	D	0.09%	0.04%	0.04%
MEDP	D	0.19%	0.38%	0.19%
MIDD	C	0.18%	0.08%	0.08%
MKSI	C	0.16%	0.08%	0.08%
MLI	C	0.25%	0.49%	0.25%
MMS	F	0.12%	0.04%	0.04%
MMSI	B	0.15%	0.14%	0.14%
MPW	F	0.06%	0.06%	0.06%
MSA	D	0.16%	0.02%	0.02%
MSM	C	0.09%	0.02%	0.02%
MSTR	C	1.69%	0.73%	0.73%
MTG	C	0.17%	0.09%	0.09%
MTN	C	0.17%	0.09%	0.09%
MTSI	B	0.18%	0.09%	0.09%
MUR	D	0.13%	0.19%	0.13%
NDSN	B	0.33%	0.18%	0.18%
NFG	A	0.14%	0.13%	0.13%
NJR	A	0.12%	0.14%	0.12%
NNN	D	0.2%	0.1%	0.1%
NOV	C	0.16%	0.12%	0.12%
NOVT	D	0.15%	0.14%	0.14%
NSIT	F	0.1%	0.06%	0.06%
NSP	D	0.07%	0.11%	0.07%
NTNX	A	0.42%	0.56%	0.42%
NTRA	B	0.47%	0.4%	0.4%
NVST	B	0.09%	0.06%	0.06%
NVT	B	0.3%	0.49%	0.3%
NWL	B	0.09%	0.02%	0.02%
NXST	C	0.13%	0.07%	0.07%
NYT	C	0.21%	0.12%	0.12%
OGE	B	0.22%	0.12%	0.12%
OGS	A	0.1%	0.13%	0.1%
OHI	C	0.24%	0.09%	0.09%
OLED	D	0.2%	0.03%	0.03%
OLN	D	0.12%	0.09%	0.09%
OMF	A	0.16%	0.16%	0.16%
ONTO	D	0.2%	0.15%	0.15%
OPCH	D	0.09%	0.08%	0.08%
ORI	A	0.24%	0.41%	0.24%
OTTR	C	0.08%	0.06%	0.06%
OVV	B	0.3%	0.25%	0.25%
OZK	B	0.13%	0.08%	0.08%
PARA	C	0.15%	0.11%	0.11%
PATH	C	0.14%	0.05%	0.05%
PBF	D	0.08%	0.02%	0.02%
PBH	A	0.1%	0.09%	0.09%
PCH	D	0.08%	0.01%	0.01%
PCOR	B	0.15%	0.42%	0.15%
PCTY	B	0.21%	0.14%	0.14%
PCVX	D	0.24%	0.09%	0.09%
PEGA	A	0.09%	0.08%	0.08%
PEN	B	0.22%	0.07%	0.07%
PFSI	D	0.07%	0.04%	0.04%
PII	D	0.09%	0.01%	0.01%
PLNT	A	0.21%	0.09%	0.09%
PNFP	B	0.24%	0.1%	0.1%
POR	C	0.12%	0.07%	0.07%
POWI	D	0.09%	0.01%	0.01%
PR	B	0.24%	0.02%	0.02%
PRGO	B	0.09%	0.04%	0.04%
PRI	A	0.26%	0.28%	0.26%
PSTG	D	0.38%	0.29%	0.29%
PTEN	C	0.08%	0.11%	0.08%
PVH	C	0.14%	0.17%	0.14%
PYCR	C	0.03%	0.01%	0.01%
QLYS	C	0.13%	0.13%	0.13%
R	B	0.18%	0.28%	0.18%
RDN	C	0.13%	0.06%	0.06%
RGEN	D	0.16%	0.08%	0.08%
RGLD	C	0.24%	0.14%	0.14%
RHI	B	0.19%	0.17%	0.17%
RHP	B	0.16%	0.01%	0.01%
RIG	D	0.08%	0.07%	0.07%
RL	B	0.21%	0.15%	0.15%
RLI	B	0.18%	0.03%	0.03%
RMBS	C	0.14%	0.24%	0.14%
RNR	C	0.34%	0.21%	0.21%
ROIV	C	0.12%	0.01%	0.01%
ROKU	D	0.22%	0.04%	0.04%
RPM	A	0.44%	0.22%	0.22%
RRC	B	0.21%	0.19%	0.19%
RRX	B	0.29%	0.2%	0.2%
RS	B	0.43%	0.49%	0.43%
RUSHA	C	0.09%	0.06%	0.06%
RVMD	C	0.19%	0.04%	0.04%
RYAN	B	0.18%	0.13%	0.13%
RYN	D	0.1%	0.06%	0.06%
S	B	0.18%	0.06%	0.06%
SAIA	B	0.34%	0.12%	0.12%
SANM	B	0.11%	0.22%	0.11%
SCI	B	0.31%	0.14%	0.14%
SEE	C	0.13%	0.0%	0.0%
SF	B	0.29%	0.17%	0.17%
SFM	A	0.36%	0.6%	0.36%
SIG	B	0.11%	0.26%	0.11%
SITE	D	0.16%	0.05%	0.05%
SKY	A	0.14%	0.15%	0.14%
SLAB	D	0.08%	0.03%	0.03%
SLM	A	0.13%	0.16%	0.13%
SM	B	0.13%	0.07%	0.07%
SMAR	A	0.19%	0.26%	0.19%
SMG	D	0.08%	0.19%	0.08%
SNV	B	0.2%	0.05%	0.05%
SOFI	A	0.36%	0.06%	0.06%
SOLV	C	0.23%	0.31%	0.23%
SON	D	0.12%	0.09%	0.09%
SPSC	C	0.16%	0.11%	0.11%
SR	A	0.1%	0.12%	0.1%
SRPT	D	0.24%	0.2%	0.2%
SSB	B	0.2%	0.02%	0.02%
SSD	D	0.19%	0.14%	0.14%
STAG	F	0.17%	0.04%	0.04%
STWD	C	0.15%	0.06%	0.06%
SWX	B	0.11%	0.01%	0.01%
SYNA	C	0.07%	0.1%	0.07%
TDC	D	0.07%	0.01%	0.01%
TENB	C	0.12%	0.08%	0.08%
TEX	D	0.09%	0.19%	0.09%
THC	D	0.37%	0.31%	0.31%
THO	B	0.14%	0.13%	0.13%
TKR	D	0.13%	0.17%	0.13%
TMHC	B	0.17%	0.09%	0.09%
TNET	D	0.07%	0.13%	0.07%
TNL	A	0.09%	0.16%	0.09%
TOL	B	0.39%	0.16%	0.16%
TOST	B	0.41%	0.21%	0.21%
TPR	B	0.33%	0.3%	0.3%
TPX	B	0.23%	0.24%	0.23%
TREX	C	0.18%	0.24%	0.18%
TTC	D	0.21%	0.14%	0.14%
TTEK	F	0.27%	0.29%	0.27%
TXRH	C	0.33%	0.07%	0.07%
UA	C	0.03%	0.14%	0.03%
UFPI	B	0.2%	0.23%	0.2%
UGI	A	0.13%	0.1%	0.1%
UMBF	B	0.14%	0.14%	0.14%
UNM	A	0.32%	0.0%	0.0%
USFD	A	0.38%	0.18%	0.18%
UTHR	C	0.34%	0.38%	0.34%
VAC	B	0.07%	0.07%	0.07%
VAL	D	0.08%	0.01%	0.01%
VC	D	0.06%	0.08%	0.06%
VFC	C	0.16%	0.08%	0.08%
VKTX	F	0.13%	0.06%	0.06%
VMI	B	0.17%	0.15%	0.15%
VNT	B	0.15%	0.05%	0.05%
VOYA	B	0.2%	0.17%	0.17%
WAL	B	0.24%	0.1%	0.1%
WBS	A	0.26%	0.05%	0.05%
WCC	B	0.23%	0.2%	0.2%
WEN	D	0.07%	0.12%	0.07%
WEX	D	0.19%	0.09%	0.09%
WFRD	D	0.15%	0.35%	0.15%
WH	B	0.19%	0.12%	0.12%
WING	D	0.24%	0.36%	0.24%
WK	B	0.12%	0.34%	0.12%
WMS	D	0.24%	0.1%	0.1%
WOR	F	0.03%	0.08%	0.03%
WSC	D	0.17%	0.09%	0.09%
WSM	B	0.41%	0.42%	0.41%
WTFC	A	0.21%	0.02%	0.02%
WTM	A	0.12%	0.16%	0.12%
WTS	B	0.14%	0.12%	0.12%
X	C	0.21%	0.1%	0.1%
XPO	B	0.42%	0.17%	0.17%
XRAY	F	0.1%	0.2%	0.1%
YETI	C	0.08%	0.08%	0.08%
ZION	B	0.22%	0.24%	0.22%

BBMC Overweight 199 Positions Relative to SMLF

Symbol	Grade	Weight
DKNG	B	0.51%
HOOD	B	0.45%
TW	A	0.38%
COHR	B	0.36%
PFGC	B	0.33%
CHRW	C	0.32%
JLL	D	0.31%
OWL	A	0.29%
NCLH	B	0.28%
CTLT	B	0.27%
FND	C	0.27%
ATR	B	0.27%
EXP	A	0.26%
LAD	A	0.26%
PNW	B	0.26%
ERIE	D	0.26%
MUSA	A	0.26%
MKTX	D	0.25%
GL	B	0.25%
HSIC	B	0.24%
LBRDK	C	0.24%
ARMK	B	0.24%
WWD	B	0.24%
ALLY	C	0.24%
WTRG	B	0.24%
INGR	B	0.23%
SEIC	B	0.23%
RBC	A	0.23%
FRT	B	0.23%
FBIN	D	0.23%
REXR	F	0.22%
AAL	B	0.22%
AOS	F	0.22%
TKO	B	0.22%
MORN	B	0.22%
AAON	B	0.22%
KNX	B	0.21%
MTZ	B	0.21%
FLS	B	0.2%
PB	A	0.2%
BWA	D	0.2%
DVA	B	0.2%
MTCH	D	0.2%
SKX	D	0.2%
JAZZ	B	0.19%
KEX	C	0.19%
CZR	F	0.19%
OSK	B	0.18%
GTLS	B	0.18%
RIVN	F	0.18%
ADC	B	0.18%
MHK	D	0.18%
CWST	A	0.17%
H	B	0.17%
AWI	A	0.17%
ONB	B	0.17%
CADE	B	0.17%
DAR	C	0.17%
ALK	C	0.17%
FRPT	B	0.17%
FMC	D	0.17%
GNTX	C	0.17%
G	B	0.17%
MTDR	B	0.17%
GXO	B	0.17%
BFAM	D	0.16%
CFLT	B	0.16%
DBX	B	0.16%
CGNX	C	0.16%
COLB	A	0.16%
GBCI	B	0.16%
MTH	D	0.16%
BIO	D	0.16%
HRI	B	0.15%
THG	A	0.15%
EPRT	B	0.15%
FNB	A	0.15%
ALTR	B	0.15%
POST	C	0.15%
LNC	B	0.15%
SIGI	C	0.15%
HOMB	A	0.15%
ESNT	D	0.15%
FOUR	B	0.15%
WHR	B	0.15%
UHAL	D	0.15%
SAIC	F	0.15%
LEA	D	0.14%
VVV	F	0.14%
CLF	F	0.14%
OLLI	D	0.14%
UBSI	B	0.14%
COLD	D	0.14%
ZWS	B	0.14%
TRNO	F	0.14%
SNX	C	0.14%
SUM	B	0.14%
AL	B	0.13%
KBH	D	0.13%
LITE	B	0.13%
BE	B	0.12%
FIVE	F	0.12%
MGY	A	0.12%
ST	F	0.12%
RH	B	0.12%
IRT	A	0.12%
AVT	C	0.12%
PECO	A	0.12%
DLB	B	0.11%
ORA	B	0.11%
FELE	B	0.11%
PNM	F	0.11%
KMPR	B	0.11%
PSN	D	0.11%
VLY	B	0.11%
SLGN	A	0.11%
WMG	C	0.11%
LOPE	B	0.11%
OGN	D	0.1%
NEU	C	0.1%
GTES	A	0.1%
FUL	F	0.1%
CHH	A	0.1%
SMPL	B	0.09%
CCOI	B	0.09%
DXC	B	0.09%
APLE	B	0.09%
IAC	D	0.09%
SPR	D	0.09%
RARE	D	0.09%
WU	D	0.09%
MSGS	A	0.09%
ALE	A	0.09%
ESGR	B	0.09%
SEM	B	0.09%
JBT	B	0.09%
CIVI	D	0.09%
NSA	D	0.08%
AMKR	D	0.08%
AVA	A	0.08%
HGV	B	0.08%
BTU	B	0.08%
IRDM	D	0.08%
BHF	B	0.08%
PAG	B	0.08%
NWE	B	0.08%
SXT	B	0.08%
NEOG	F	0.08%
CRVL	A	0.08%
ENV	B	0.08%
HL	D	0.08%
INFA	D	0.08%
BOKF	B	0.07%
GT	C	0.07%
PENN	C	0.07%
ZI	D	0.07%
DV	C	0.07%
COLM	B	0.07%
CWT	D	0.07%
SAM	C	0.07%
BXMT	C	0.07%
RCM	F	0.06%
IPGP	D	0.06%
ADTN	A	0.06%
KWR	C	0.06%
PINC	B	0.06%
AAP	C	0.06%
ENOV	C	0.06%
CPRI	F	0.06%
DIOD	D	0.06%
HHH	B	0.06%
JJSF	B	0.06%
AZTA	D	0.05%
UAA	C	0.05%
FRHC	B	0.05%
LCID	F	0.05%
PPC	C	0.05%
DJT	C	0.04%
REYN	D	0.04%
IMVT	F	0.04%
CNXC	F	0.04%
SGRY	F	0.04%
MP	B	0.04%
ADNT	F	0.04%
SHC	F	0.04%
FIZZ	C	0.03%
PGNY	F	0.03%
MODG	F	0.03%
CRK	B	0.03%
TXG	F	0.03%
SEDG	F	0.02%
SEB	F	0.02%
TFSL	A	0.02%
WOLF	F	0.02%
NFE	D	0.02%
ACT	D	0.02%
RUSHB	B	0.01%
UHAL	D	0.01%
PLTK	B	0.01%

BBMC Underweight 439 Positions Relative to SMLF

Symbol	Grade	Weight
DECK	A	-0.72%
AXON	A	-0.66%
SLG	B	-0.49%
COCO	B	-0.43%
VNO	B	-0.41%
EWBC	A	-0.39%
POWL	C	-0.38%
PIPR	B	-0.34%
CAVA	B	-0.34%
HSII	B	-0.31%
WSO	A	-0.31%
FLEX	A	-0.31%
MAC	B	-0.31%
SPXC	A	-0.3%
CORT	B	-0.3%
EXE	B	-0.29%
STRL	B	-0.29%
INTA	A	-0.27%
SN	D	-0.27%
FCNCA	A	-0.27%
MOD	A	-0.25%
HURN	B	-0.25%
CPRX	C	-0.24%
SKT	B	-0.24%
IMKTA	C	-0.24%
ENTG	D	-0.23%
YOU	D	-0.23%
BCC	B	-0.22%
APA	D	-0.22%
WS	B	-0.22%
MATX	C	-0.21%
AZPN	A	-0.21%
LIVN	F	-0.2%
RDDT	B	-0.2%
DNLI	D	-0.2%
TPG	A	-0.2%
LUMN	C	-0.2%
RNG	B	-0.19%
JOE	F	-0.19%
NAVI	C	-0.19%
GH	B	-0.19%
PRGS	A	-0.18%
XRX	F	-0.18%
TDOC	C	-0.18%
VCYT	B	-0.18%
HIW	D	-0.18%
OC	A	-0.18%
FROG	C	-0.18%
MMYT	B	-0.17%
ACLX	C	-0.17%
BRC	D	-0.17%
PDM	D	-0.17%
PRG	C	-0.17%
EXTR	B	-0.17%
PRKS	C	-0.17%
JBSS	D	-0.17%
KIM	A	-0.16%
IVT	B	-0.16%
SRCE	B	-0.16%
ALLE	D	-0.16%
LRN	A	-0.16%
CVCO	A	-0.16%
CNO	A	-0.16%
PGRE	F	-0.16%
KFRC	D	-0.16%
LBTYA	B	-0.15%
SBGI	B	-0.15%
ONON	A	-0.15%
XNCR	B	-0.15%
GES	F	-0.15%
W	F	-0.15%
FTAI	B	-0.15%
SPB	C	-0.15%
AMR	C	-0.14%
VSTO	A	-0.14%
IGT	F	-0.14%
BANF	B	-0.14%
PI	D	-0.14%
YEXT	A	-0.14%
AY	B	-0.14%
SPT	C	-0.14%
TPH	D	-0.14%
VMEO	B	-0.13%
ACCO	C	-0.13%
BRZE	C	-0.13%
KAI	A	-0.13%
BDN	C	-0.13%
SFBS	B	-0.13%
NUVL	D	-0.13%
AROC	B	-0.12%
GEO	B	-0.12%
BASE	C	-0.12%
SATS	D	-0.12%
GFF	A	-0.12%
BKE	B	-0.12%
BSY	D	-0.12%
WAFD	B	-0.12%
NTCT	C	-0.11%
TXNM	A	-0.11%
LAZ	B	-0.11%
IBOC	A	-0.11%
SSTK	F	-0.11%
OII	B	-0.11%
DFIN	D	-0.11%
LOVE	B	-0.11%
MFA	D	-0.11%
HTH	B	-0.11%
CARG	C	-0.11%
BAND	B	-0.11%
ODP	F	-0.11%
APOG	B	-0.11%
CXW	B	-0.11%
MCB	B	-0.11%
BCRX	D	-0.11%
KW	B	-0.1%
MTRN	C	-0.1%
ASB	B	-0.1%
DNOW	B	-0.1%
EXPI	C	-0.1%
CRDO	B	-0.1%
VECO	F	-0.1%
ICFI	F	-0.1%
HOV	D	-0.1%
ALX	D	-0.1%
CMPR	D	-0.1%
AGM	C	-0.1%
KLIC	B	-0.1%
INSM	C	-0.1%
VRNS	D	-0.1%
HIMS	B	-0.1%
VSH	D	-0.09%
CXT	B	-0.09%
PHIN	A	-0.09%
JACK	D	-0.09%
MRC	B	-0.09%
HEES	B	-0.09%
ATEN	B	-0.09%
LGND	B	-0.09%
VERA	B	-0.09%
LZ	D	-0.09%
FLG	C	-0.09%
IDCC	A	-0.09%
TGNA	B	-0.09%
INVA	D	-0.09%
COUR	F	-0.09%
UPBD	B	-0.09%
DVAX	C	-0.09%
AMLX	C	-0.09%
CUBI	C	-0.09%
CRS	A	-0.09%
LILA	D	-0.08%
CVLT	B	-0.08%
VIR	D	-0.08%
CAL	D	-0.08%
SCS	C	-0.08%
OSCR	D	-0.08%
FHB	A	-0.08%
PD	C	-0.08%
KN	B	-0.08%
GMS	B	-0.08%
DLX	B	-0.08%
NSSC	D	-0.08%
AGX	B	-0.08%
KSS	F	-0.08%
CARS	B	-0.08%
CSWI	A	-0.08%
CNMD	C	-0.07%
UNIT	B	-0.07%
EQC	B	-0.07%
DH	D	-0.07%
HASI	D	-0.07%
AMRX	C	-0.07%
EYPT	F	-0.07%
WYNN	D	-0.07%
MATV	D	-0.07%
AMPH	D	-0.07%
LXP	D	-0.07%
AMPL	C	-0.07%
FLNC	C	-0.07%
WLY	B	-0.07%
NBR	C	-0.07%
EPAC	B	-0.07%
NTB	B	-0.07%
GKOS	B	-0.07%
DOMO	C	-0.07%
GCO	B	-0.07%
KNF	A	-0.07%
PLUS	F	-0.07%
SNEX	B	-0.07%
NARI	C	-0.07%
CEIX	A	-0.07%
WNC	C	-0.07%
AVXL	B	-0.06%
YELP	C	-0.06%
OXM	D	-0.06%
AVDX	B	-0.06%
GPMT	C	-0.06%
TNC	D	-0.06%
NXT	C	-0.06%
ILPT	D	-0.06%
HWKN	B	-0.06%
AMCX	C	-0.06%
HCC	B	-0.06%
CNX	A	-0.06%
TRN	C	-0.06%
MCY	A	-0.06%
CTBI	B	-0.06%
FUN	C	-0.06%
LADR	B	-0.06%
WTTR	B	-0.06%
ADEA	D	-0.06%
BCO	D	-0.06%
SFL	D	-0.06%
AIV	C	-0.06%
ADMA	B	-0.06%
APPF	B	-0.06%
HE	C	-0.06%
UVV	B	-0.06%
MED	F	-0.06%
AVAV	D	-0.05%
ITGR	B	-0.05%
ACI	C	-0.05%
CVBF	A	-0.05%
SONO	C	-0.05%
PZZA	D	-0.05%
ITRI	B	-0.05%
LBTYK	A	-0.05%
TILE	B	-0.05%
BEAM	D	-0.05%
CERS	C	-0.05%
AEO	F	-0.05%
BLMN	F	-0.05%
AMBC	C	-0.05%
HOUS	D	-0.05%
MERC	F	-0.05%
KOS	F	-0.05%
TARS	B	-0.05%
SMTC	B	-0.05%
ZIP	F	-0.05%
THR	B	-0.05%
ASAN	C	-0.05%
WBA	F	-0.05%
PK	B	-0.05%
MDXG	B	-0.05%
WGO	C	-0.05%
CENTA	C	-0.05%
HPP	F	-0.04%
DAWN	F	-0.04%
CORZ	A	-0.04%
KREF	D	-0.04%
OUT	A	-0.04%
DIN	C	-0.04%
LPG	F	-0.04%
AGS	A	-0.04%
IDT	B	-0.04%
SANA	F	-0.04%
TPB	B	-0.04%
SAH	A	-0.04%
ANAB	F	-0.04%
NATL	B	-0.04%
HELE	C	-0.04%
KLG	C	-0.04%
AGYS	A	-0.04%
ARRY	C	-0.04%
CFFN	B	-0.04%
OMI	F	-0.04%
HLF	C	-0.04%
ANGI	D	-0.04%
NHI	D	-0.04%
HSTM	B	-0.04%
TDS	B	-0.04%
IOSP	B	-0.04%
RCUS	F	-0.04%
JANX	C	-0.03%
SWIM	C	-0.03%
ALHC	C	-0.03%
VIAV	B	-0.03%
ALRM	C	-0.03%
RDFN	D	-0.03%
ADT	C	-0.03%
MOG.A	B	-0.03%
SUPN	C	-0.03%
FL	F	-0.03%
VNDA	C	-0.03%
RGNX	F	-0.03%
EVTC	B	-0.03%
VCEL	B	-0.03%
NX	C	-0.03%
EMBC	C	-0.03%
TGTX	B	-0.03%
BBIO	F	-0.03%
QXO	D	-0.03%
OFIX	B	-0.03%
XHR	B	-0.03%
VIRT	B	-0.03%
QDEL	F	-0.03%
REVG	B	-0.03%
SNBR	F	-0.03%
RYI	C	-0.03%
CHWY	B	-0.03%
IESC	B	-0.03%
UDMY	F	-0.03%
ARCH	B	-0.03%
BRSP	B	-0.03%
CDP	C	-0.03%
MGNI	A	-0.03%
HNI	B	-0.03%
AMN	F	-0.03%
ACCD	D	-0.03%
VITL	D	-0.03%
CGEM	F	-0.03%
IVR	F	-0.03%
TCBI	B	-0.03%
RPD	C	-0.03%
SPRY	D	-0.03%
ATRC	C	-0.03%
RKT	F	-0.03%
UVE	B	-0.03%
NRC	F	-0.03%
OI	C	-0.03%
BKD	D	-0.03%
CVI	F	-0.03%
RXT	C	-0.02%
ERAS	C	-0.02%
WOOF	D	-0.02%
SLVM	B	-0.02%
OSIS	B	-0.02%
TSE	F	-0.02%
KVYO	C	-0.02%
UNFI	A	-0.02%
ARCT	F	-0.02%
OMER	A	-0.02%
VSTS	C	-0.02%
BRY	F	-0.02%
DYN	F	-0.02%
PRO	C	-0.02%
RAMP	C	-0.02%
QRTEA	F	-0.02%
GPRO	F	-0.02%
SAFE	D	-0.02%
KFY	B	-0.02%
JELD	F	-0.02%
KRNY	B	-0.02%
DAN	D	-0.02%
DOCN	D	-0.02%
ALAB	B	-0.02%
EVRI	A	-0.02%
NUS	D	-0.02%
BMBL	C	-0.02%
OPI	F	-0.02%
IRWD	F	-0.02%
MTW	C	-0.02%
DY	D	-0.02%
DBI	F	-0.02%
LMAT	A	-0.02%
RLJ	C	-0.02%
TLRY	F	-0.02%
SITC	D	-0.02%
SVC	F	-0.02%
TWO	D	-0.02%
CNDT	C	-0.02%
OPEN	D	-0.02%
SNDX	F	-0.02%
WD	D	-0.02%
AKRO	B	-0.02%
PTCT	B	-0.02%
GIII	D	-0.02%
USNA	C	-0.02%
ARCB	C	-0.02%
PDCO	D	-0.02%
CALX	D	-0.02%
CWK	B	-0.01%
PGEN	F	-0.01%
AIN	C	-0.01%
ARR	D	-0.01%
PEB	D	-0.01%
JAMF	F	-0.01%
EPC	D	-0.01%
SFIX	B	-0.01%
FLWS	F	-0.01%
XPRO	F	-0.01%
MBC	D	-0.01%
BIGC	C	-0.01%
MLAB	D	-0.01%
GO	C	-0.01%
JOBY	B	-0.01%
UTL	B	-0.01%
WTI	F	-0.01%
ZUO	B	-0.01%
NWN	A	-0.01%
CRAI	B	-0.01%
SWI	B	-0.01%
MITK	C	-0.01%
NTLA	F	-0.01%
VRE	B	-0.01%
TR	B	-0.01%
TTGT	C	-0.01%
HCAT	D	-0.01%
OIS	C	-0.01%
RBRK	A	-0.01%
NGVT	B	-0.01%
ENVA	B	-0.01%
HMST	D	-0.01%
CAKE	C	-0.01%
STGW	B	-0.01%
OLPX	D	-0.01%
ENR	B	-0.01%
BSIG	A	-0.01%
HTZ	C	-0.01%
MBLY	C	-0.01%
OSUR	F	-0.01%
HAIN	C	-0.01%
SWTX	C	-0.01%
KALU	C	-0.01%
NEXA	C	-0.01%
UPWK	B	-0.01%
NFBK	B	-0.01%
SHO	C	-0.01%
MAGN	F	-0.0%
BFH	B	-0.0%
MC	C	-0.0%
CHCO	B	-0.0%
GDOT	D	-0.0%
NBTB	B	-0.0%
EGBN	B	-0.0%
FULT	A	-0.0%
EIG	B	-0.0%
BOH	B	-0.0%
DEI	B	-0.0%
TRMK	B	-0.0%
GNW	A	-0.0%
PFBC	B	-0.0%
CASH	A	-0.0%
TBBK	B	-0.0%
FBP	B	-0.0%
PRDO	B	-0.0%
BKU	A	-0.0%
AX	A	-0.0%
OFG	B	-0.0%