DES vs. DFSV ETF Comparison

Comparison of SmallCap Dividend Fund (DES) to Dimensional US Small Cap Value ETF (DFSV)

DES

SmallCap Dividend Fund

DES Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.00

Average Daily Volume

140,506

Number of Holdings ^*

576

* may have additional holdings in another (foreign) market

DFSV

Dimensional US Small Cap Value ETF

DFSV Description

Dimensional US Small Cap Value ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of small-cap companies. Dimensional US Small Cap Value ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.53

Average Daily Volume

429,206

Number of Holdings ^*

924

* may have additional holdings in another (foreign) market

Performance

Period	DES	DFSV
30 Days	0.25%	-0.07%
60 Days	1.35%	1.51%
90 Days	4.95%	5.70%
12 Months	19.91%	24.88%

312 Overlapping Holdings

Symbol	Grade	Weight in DES	Weight in DFSV	Overlap
AAN	F	0.04%	0.02%	0.02%
ABCB	B	0.15%	0.34%	0.15%
ABM	B	0.25%	0.39%	0.25%
ACA	C	0.17%	0.38%	0.17%
ACCO	D	0.11%	0.05%	0.05%
ACU	C	0.03%	0.0%	0.0%
AGX	A	0.14%	0.01%	0.01%
ALCO	B	0.06%	0.02%	0.02%
ALG	D	0.12%	0.01%	0.01%
ALGT	F	0.16%	0.09%	0.09%
ALRS	D	0.05%	0.0%	0.0%
AMAL	B	0.04%	0.04%	0.04%
AMTB	B	0.04%	0.04%	0.04%
ANDE	B	0.14%	0.27%	0.14%
ANET	D	0.14%	0.02%	0.02%
APOG	A	0.21%	0.0%	0.0%
ARC	C	0.03%	0.01%	0.01%
ARCB	F	0.15%	0.1%	0.1%
ARCH	D	0.14%	0.18%	0.14%
ARKO	F	0.05%	0.0%	0.0%
AROC	B	0.7%	0.05%	0.05%
ASB	A	0.46%	0.45%	0.45%
ASIX	F	0.12%	0.07%	0.07%
ASTE	F	0.13%	0.07%	0.07%
ATNI	F	0.06%	0.03%	0.03%
AUB	C	0.29%	0.29%	0.29%
AVNT	A	0.43%	0.35%	0.35%
AZZ	C	0.15%	0.15%	0.15%
BANC	C	0.19%	0.04%	0.04%
BANR	B	0.16%	0.15%	0.15%
BELFB	B	0.07%	0.02%	0.02%
BGS	B	0.23%	0.05%	0.05%
BGSF	D	0.03%	0.0%	0.0%
BHB	B	0.02%	0.04%	0.02%
BHE	A	0.17%	0.16%	0.16%
BHLB	B	0.09%	0.09%	0.09%
BKU	B	0.22%	0.2%	0.2%
BMRC	F	0.02%	0.02%	0.02%
BRKL	D	0.06%	0.07%	0.06%
BRY	B	0.2%	0.06%	0.06%
BSET	D	0.03%	0.02%	0.02%
BSRR	B	0.04%	0.04%	0.04%
BTU	F	0.18%	0.3%	0.18%
BUSE	B	0.14%	0.13%	0.13%
BY	B	0.06%	0.06%	0.06%
CABO	F	0.21%	0.16%	0.16%
CAC	B	0.03%	0.03%	0.03%
CAL	C	0.14%	0.04%	0.04%
CALM	D	0.11%	0.22%	0.11%
CATC	B	0.03%	0.04%	0.03%
CATO	F	0.03%	0.01%	0.01%
CATY	D	0.4%	0.24%	0.24%
CCNE	C	0.04%	0.02%	0.02%
CCS	D	0.19%	0.36%	0.19%
CFFN	D	0.11%	0.03%	0.03%
CIVB	F	0.03%	0.02%	0.02%
CLAR	B	0.06%	0.0%	0.0%
CMCO	C	0.11%	0.13%	0.11%
CMP	F	0.04%	0.02%	0.02%
CNOB	C	0.05%	0.07%	0.05%
CNXN	D	0.09%	0.09%	0.09%
CPF	B	0.05%	0.04%	0.04%
CRC	F	0.49%	0.32%	0.32%
CRGY	D	0.18%	0.05%	0.05%
CRS	B	0.27%	0.2%	0.2%
CTBI	B	0.13%	0.05%	0.05%
CVBF	B	0.28%	0.1%	0.1%
DAN	C	0.23%	0.19%	0.19%
DBI	F	0.1%	0.02%	0.02%
DCOM	C	0.07%	0.07%	0.07%
DGICA	F	0.04%	0.04%	0.04%
DK	F	0.27%	0.14%	0.14%
DLX	A	0.2%	0.07%	0.07%
EBC	B	0.22%	0.16%	0.16%
EBF	C	0.16%	0.07%	0.07%
EFSC	C	0.09%	0.13%	0.09%
EGBN	F	0.11%	0.03%	0.03%
EGY	B	0.19%	0.01%	0.01%
EIG	D	0.12%	0.15%	0.12%
EML	B	0.06%	0.0%	0.0%
ENS	B	0.23%	0.11%	0.11%
EPC	B	0.16%	0.23%	0.16%
EPM	F	0.05%	0.01%	0.01%
EQBK	A	0.04%	0.02%	0.02%
ESCA	F	0.05%	0.0%	0.0%
ESE	B	0.12%	0.01%	0.01%
ETD	F	0.19%	0.1%	0.1%
EVC	C	0.05%	0.01%	0.01%
FBIZ	C	0.02%	0.02%	0.02%
FBK	B	0.09%	0.06%	0.06%
FBMS	D	0.07%	0.05%	0.05%
FBNC	F	0.09%	0.1%	0.09%
FCBC	B	0.07%	0.01%	0.01%
FCF	B	0.14%	0.1%	0.1%
FF	B	0.07%	0.02%	0.02%
FFBC	B	0.41%	0.25%	0.25%
FFIC	D	0.04%	0.03%	0.03%
FHB	B	0.42%	0.26%	0.26%
FIBK	B	0.61%	0.27%	0.27%
FISI	D	0.07%	0.03%	0.03%
FLIC	D	0.04%	0.02%	0.02%
FMBH	B	0.05%	0.03%	0.03%
FNWB	F	0.0%	0.0%	0.0%
FRBA	D	0.02%	0.01%	0.01%
FRME	B	0.25%	0.18%	0.18%
FRST	D	0.03%	0.02%	0.02%
FSBW	D	0.02%	0.01%	0.01%
FULT	B	0.34%	0.38%	0.34%
GBX	B	0.23%	0.21%	0.21%
GEF	D	0.26%	0.22%	0.22%
GEF	D	0.26%	0.01%	0.01%
GES	B	0.32%	0.04%	0.04%
GHC	C	0.15%	0.33%	0.15%
GNE	F	0.06%	0.0%	0.0%
GNTY	B	0.03%	0.0%	0.0%
GRNT	B	0.27%	0.0%	0.0%
GSBC	B	0.04%	0.02%	0.02%
GTN	C	0.11%	0.05%	0.05%
GVA	B	0.15%	0.08%	0.08%
HAFC	C	0.04%	0.05%	0.04%
HAYN	C	0.12%	0.09%	0.09%
HBNC	B	0.07%	0.04%	0.04%
HCC	B	0.16%	0.04%	0.04%
HFWA	B	0.08%	0.05%	0.05%
HI	F	0.31%	0.18%	0.18%
HIBB	A	0.13%	0.05%	0.05%
HL	B	0.15%	0.31%	0.15%
HNI	C	0.26%	0.06%	0.06%
HOFT	F	0.04%	0.02%	0.02%
HONE	B	0.03%	0.04%	0.03%
HOPE	D	0.19%	0.11%	0.11%
HP	F	0.43%	0.38%	0.38%
HPK	F	0.11%	0.0%	0.0%
HSII	D	0.11%	0.05%	0.05%
HSTM	B	0.07%	0.01%	0.01%
HTBK	D	0.08%	0.04%	0.04%
HTLD	F	0.05%	0.07%	0.05%
HTLF	A	0.13%	0.16%	0.13%
HURC	F	0.04%	0.01%	0.01%
HVT	F	0.13%	0.07%	0.07%
HWC	A	0.31%	0.38%	0.31%
IBCP	B	0.05%	0.02%	0.02%
IBOC	A	0.39%	0.08%	0.08%
IBTX	D	0.16%	0.14%	0.14%
IIIN	D	0.06%	0.04%	0.04%
IMKTA	F	0.07%	0.15%	0.07%
IMMR	C	0.07%	0.01%	0.01%
INBK	C	0.01%	0.02%	0.01%
INDB	C	0.24%	0.19%	0.19%
IOSP	C	0.25%	0.01%	0.01%
ISTR	B	0.02%	0.0%	0.0%
ITIC	B	0.05%	0.0%	0.0%
JBT	F	0.14%	0.03%	0.03%
JOUT	F	0.06%	0.04%	0.04%
KALU	A	0.34%	0.07%	0.07%
KELYA	D	0.1%	0.08%	0.08%
KFY	C	0.2%	0.32%	0.2%
KMT	D	0.22%	0.17%	0.17%
KOP	F	0.1%	0.06%	0.06%
KRNY	F	0.05%	0.04%	0.04%
KRO	B	0.39%	0.05%	0.05%
KSS	D	0.79%	0.27%	0.27%
KW	C	0.09%	0.01%	0.01%
LAKE	B	0.04%	0.02%	0.02%
LBAI	B	0.1%	0.08%	0.08%
LBRT	B	0.34%	0.33%	0.33%
LCII	D	0.37%	0.13%	0.13%
LCUT	C	0.06%	0.02%	0.02%
LEG	F	0.63%	0.1%	0.1%
LYTS	B	0.09%	0.01%	0.01%
LZB	D	0.15%	0.15%	0.15%
MATW	F	0.12%	0.05%	0.05%
MATX	B	0.22%	0.41%	0.22%
MBCN	D	0.01%	0.0%	0.0%
MBIN	B	0.08%	0.07%	0.07%
MBWM	B	0.07%	0.07%	0.07%
MCS	F	0.09%	0.05%	0.05%
MEI	F	0.05%	0.03%	0.03%
MGPI	F	0.08%	0.02%	0.02%
MLAB	B	0.08%	0.01%	0.01%
MLKN	D	0.22%	0.17%	0.17%
MLR	A	0.13%	0.08%	0.08%
MMI	D	0.06%	0.05%	0.05%
MNRO	F	0.17%	0.05%	0.05%
MOV	D	0.09%	0.06%	0.06%
MRTN	D	0.11%	0.07%	0.07%
MSBI	D	0.05%	0.06%	0.05%
MTX	A	0.12%	0.24%	0.12%
NAVI	D	0.19%	0.18%	0.18%
NBHC	C	0.11%	0.08%	0.08%
NBN	B	0.01%	0.01%	0.01%
NBTB	B	0.16%	0.03%	0.03%
NC	D	0.05%	0.02%	0.02%
NECB	B	0.02%	0.01%	0.01%
NFBK	F	0.05%	0.04%	0.04%
NGVC	C	0.1%	0.02%	0.02%
NHC	C	0.24%	0.14%	0.14%
NIC	D	0.05%	0.04%	0.04%
NMRK	D	0.07%	0.1%	0.07%
NNI	B	0.12%	0.33%	0.12%
NOG	B	0.65%	0.02%	0.02%
NPK	A	0.15%	0.04%	0.04%
NPO	D	0.2%	0.04%	0.04%
NRIM	B	0.04%	0.01%	0.01%
NUS	F	0.13%	0.02%	0.02%
NWBI	C	0.28%	0.15%	0.15%
NWLI	A	0.08%	0.13%	0.08%
NX	D	0.1%	0.1%	0.1%
OBK	B	0.03%	0.07%	0.03%
OCFC	B	0.13%	0.09%	0.09%
ODC	A	0.09%	0.01%	0.01%
OFG	A	0.18%	0.09%	0.09%
OPY	A	0.03%	0.0%	0.0%
ORRF	B	0.03%	0.02%	0.02%
OSBC	B	0.04%	0.01%	0.01%
PAHC	B	0.04%	0.02%	0.02%
PATK	C	0.36%	0.11%	0.11%
PDCO	D	0.36%	0.0%	0.0%
PEBO	B	0.22%	0.14%	0.14%
PFC	B	0.11%	0.08%	0.08%
PFS	B	0.21%	0.16%	0.16%
PGC	D	0.03%	0.04%	0.03%
PHX	B	0.04%	0.01%	0.01%
PINC	F	0.38%	0.22%	0.22%
PKOH	C	0.07%	0.03%	0.03%
PLPC	F	0.07%	0.06%	0.06%
PPBI	C	0.29%	0.19%	0.19%
PRDO	A	0.2%	0.13%	0.13%
PRIM	A	0.16%	0.23%	0.16%
PSMT	B	0.17%	0.11%	0.11%
PTVE	C	0.36%	0.12%	0.12%
QCRH	C	0.04%	0.08%	0.04%
RBCAA	B	0.1%	0.06%	0.06%
RCKY	B	0.05%	0.03%	0.03%
RDUS	F	0.09%	0.07%	0.07%
RELL	C	0.04%	0.01%	0.01%
RES	F	0.16%	0.12%	0.12%
REVG	B	0.13%	0.06%	0.06%
RGP	F	0.08%	0.05%	0.05%
RM	B	0.04%	0.03%	0.03%
RNGR	F	0.07%	0.02%	0.02%
RNST	C	0.14%	0.17%	0.14%
RRBI	D	0.02%	0.0%	0.0%
RUSHA	D	0.34%	0.27%	0.27%
RUSHB	F	0.07%	0.01%	0.01%
RYI	F	0.14%	0.07%	0.07%
SAH	B	0.18%	0.12%	0.12%
SASR	C	0.16%	0.06%	0.06%
SBCF	C	0.16%	0.12%	0.12%
SCHL	D	0.12%	0.14%	0.12%
SCL	C	0.16%	0.17%	0.16%
SCS	C	0.23%	0.12%	0.12%
SCVL	B	0.14%	0.13%	0.13%
SD	C	0.11%	0.0%	0.0%
SFNC	D	0.3%	0.2%	0.2%
SGA	B	0.04%	0.02%	0.02%
SGC	B	0.07%	0.01%	0.01%
SHBI	D	0.03%	0.01%	0.01%
SHEN	F	0.04%	0.03%	0.03%
SHYF	B	0.08%	0.0%	0.0%
SLVM	A	0.35%	0.01%	0.01%
SMBC	D	0.03%	0.0%	0.0%
SMBK	B	0.03%	0.02%	0.02%
SMMF	B	0.04%	0.03%	0.03%
SMP	C	0.11%	0.07%	0.07%
SOI	B	0.08%	0.01%	0.01%
SPFI	B	0.02%	0.0%	0.0%
SPTN	D	0.13%	0.1%	0.1%
SRCE	B	0.13%	0.02%	0.02%
STBA	B	0.13%	0.11%	0.11%
STC	B	0.16%	0.13%	0.13%
STRA	A	0.32%	0.28%	0.28%
SWBI	B	0.15%	0.06%	0.06%
SXC	D	0.18%	0.12%	0.12%
TCBK	B	0.08%	0.07%	0.07%
TDS	C	0.25%	0.16%	0.16%
TGNA	D	0.31%	0.25%	0.25%
THFF	B	0.07%	0.04%	0.04%
TILE	B	0.1%	0.05%	0.05%
TOWN	B	0.2%	0.17%	0.17%
TRMK	A	0.19%	0.17%	0.17%
TRN	A	0.34%	0.17%	0.17%
TRS	B	0.08%	0.1%	0.08%
TRST	B	0.07%	0.05%	0.05%
TWIN	D	0.06%	0.01%	0.01%
UCBI	B	0.32%	0.26%	0.26%
UFCS	B	0.03%	0.03%	0.03%
ULH	B	0.18%	0.03%	0.03%
UMBF	B	0.21%	0.11%	0.11%
UNF	F	0.11%	0.23%	0.11%
UNTY	B	0.01%	0.01%	0.01%
UTMD	D	0.06%	0.01%	0.01%
UVV	B	0.34%	0.18%	0.18%
VAC	C	0.52%	0.25%	0.25%
VBTX	B	0.12%	0.09%	0.09%
VLGEA	A	0.08%	0.04%	0.04%
VSEC	B	0.1%	0.08%	0.08%
VSH	C	0.22%	0.4%	0.22%
WAFD	B	0.17%	0.23%	0.17%
WASH	C	0.09%	0.03%	0.03%
WERN	D	0.14%	0.21%	0.14%
WEYS	D	0.08%	0.02%	0.02%
WGO	F	0.17%	0.2%	0.17%
WIRE	B	0.21%	0.34%	0.21%
WMK	B	0.18%	0.24%	0.18%
WNC	F	0.11%	0.02%	0.02%
WOR	D	0.4%	0.17%	0.17%
WSBC	D	0.25%	0.21%	0.21%
WSFS	B	0.12%	0.25%	0.12%
WTTR	B	0.18%	0.08%	0.08%
XRX	F	0.53%	0.17%	0.17%
ZEUS	F	0.1%	0.1%	0.1%

DES Overweight 265 Positions Relative to DFSV

Symbol	Grade	Weight
OGN	B	1.43%
CVI	F	0.97%
TFSL	B	0.81%
ALE	B	0.76%
EPR	C	0.75%
CCOI	F	0.64%
SMG	C	0.6%
BNL	B	0.6%
NSA	D	0.6%
BKH	B	0.59%
TNL	D	0.59%
CRI	D	0.58%
KNTK	B	0.58%
CNS	D	0.56%
JWN	B	0.55%
SR	B	0.55%
VCTR	A	0.55%
OGS	B	0.55%
SBRA	C	0.53%
NWE	B	0.52%
EPRT	A	0.52%
AVA	B	0.51%
KLG	B	0.48%
FBP	A	0.48%
TPG	C	0.48%
NHI	A	0.47%
KTB	B	0.47%
MC	D	0.46%
VGR	D	0.46%
OTTR	B	0.44%
SLG	B	0.44%
PNM	C	0.41%
SHOO	D	0.37%
IIPR	B	0.36%
SLM	B	0.36%
BKE	C	0.36%
MGEE	B	0.36%
CBRL	F	0.35%
BLMN	F	0.35%
HRI	D	0.35%
SXT	B	0.33%
SEM	B	0.31%
CUZ	B	0.31%
PHIN	A	0.31%
RRR	D	0.3%
AWR	C	0.3%
VIRT	A	0.3%
ENR	C	0.3%
GFF	C	0.29%
BOH	D	0.29%
AESI	B	0.28%
KMPR	B	0.27%
SPB	C	0.27%
WHD	B	0.26%
NWN	B	0.26%
CBU	C	0.26%
BRC	B	0.26%
AMSF	D	0.26%
BCO	B	0.26%
WDFC	D	0.25%
MCY	A	0.25%
CAKE	D	0.25%
JJSF	F	0.25%
VRTS	D	0.25%
HEES	F	0.24%
WD	B	0.24%
IDCC	C	0.24%
CACC	D	0.24%
BANF	B	0.23%
TEX	D	0.23%
OXM	B	0.23%
WINA	C	0.22%
MWA	B	0.22%
MGRC	D	0.22%
PZZA	F	0.22%
SJW	D	0.22%
CPK	B	0.22%
CWT	B	0.22%
TNC	D	0.21%
CSGS	F	0.21%
SKT	D	0.21%
GIC	F	0.21%
CTRE	B	0.21%
PRK	A	0.21%
JBSS	F	0.2%
MCRI	D	0.19%
UTL	B	0.19%
KLIC	D	0.19%
POWL	B	0.19%
SITC	C	0.19%
MAC	D	0.19%
STEP	A	0.19%
KFRC	F	0.18%
CHCO	B	0.18%
CNO	A	0.18%
AGM	C	0.18%
MYE	B	0.18%
WWW	B	0.17%
HY	D	0.17%
IRT	B	0.17%
CSWI	A	0.17%
WABC	B	0.17%
SSTK	F	0.17%
AEIS	D	0.17%
PBI	B	0.17%
SFBS	C	0.17%
CRAI	A	0.16%
LXP	D	0.16%
BDC	C	0.16%
AIN	D	0.16%
USPH	C	0.16%
DIN	F	0.16%
HMN	A	0.16%
SXI	D	0.16%
UTZ	B	0.16%
KWR	D	0.16%
PK	D	0.16%
PIPR	A	0.16%
KAI	D	0.15%
HWKN	A	0.15%
PCH	D	0.15%
BGC	A	0.15%
JOE	B	0.15%
REPX	F	0.15%
DBRG	F	0.14%
ALX	B	0.14%
KRT	C	0.14%
PRGS	D	0.14%
PFBC	A	0.14%
ATRI	B	0.14%
CWH	F	0.13%
JACK	F	0.13%
GABC	D	0.13%
NSSC	A	0.13%
SAVE	F	0.13%
DNUT	F	0.13%
YOU	F	0.13%
SAFT	C	0.13%
LKFN	D	0.12%
HCKT	D	0.12%
ATEN	B	0.12%
CDRE	D	0.12%
LMAT	A	0.12%
ICFI	C	0.12%
PLOW	D	0.12%
MTRN	F	0.12%
GRC	F	0.12%
VSTS	F	0.12%
EVTC	F	0.11%
MPX	C	0.11%
USLM	B	0.11%
NVEC	F	0.11%
BBSI	B	0.11%
TR	F	0.11%
LTC	A	0.11%
RGR	C	0.1%
TAST	A	0.1%
EPAC	A	0.1%
SHO	D	0.1%
YORW	C	0.1%
EMBC	F	0.1%
TPB	A	0.1%
UWMC	C	0.1%
DEI	B	0.1%
SPOK	F	0.1%
FCPT	B	0.1%
HTH	B	0.1%
GTY	B	0.1%
LNN	C	0.1%
SLP	B	0.09%
UE	B	0.09%
SYBT	B	0.09%
OFLX	F	0.09%
SBSI	D	0.09%
CTS	A	0.09%
VHI	D	0.09%
SVC	F	0.09%
MSEX	C	0.09%
PJT	C	0.09%
NRC	D	0.09%
CNMD	F	0.09%
AMSWA	D	0.09%
HBT	B	0.08%
JBGS	F	0.08%
CSV	C	0.08%
LMNR	B	0.08%
RLJ	D	0.08%
PEB	D	0.08%
CVGW	C	0.08%
ALTG	D	0.08%
GWRS	C	0.08%
DRH	D	0.08%
PKE	F	0.08%
AKR	B	0.08%
MCBS	B	0.07%
NTST	C	0.07%
UVE	B	0.07%
UMH	B	0.07%
LOB	D	0.07%
WTI	F	0.07%
DEA	B	0.07%
XHR	C	0.07%
ESRT	D	0.07%
ROIC	D	0.07%
GCMG	A	0.07%
IVT	B	0.07%
EXPI	D	0.07%
TRAK	B	0.07%
ARTNA	C	0.07%
AAT	B	0.07%
NATH	D	0.07%
EE	B	0.07%
ALEX	C	0.07%
RICK	F	0.06%
RGCO	A	0.06%
MSB	D	0.06%
MCBC	A	0.06%
HBB	B	0.06%
CASH	B	0.06%
CLB	F	0.06%
TSQ	B	0.05%
CTO	B	0.05%
BHRB	F	0.05%
PGRE	B	0.05%
HCI	B	0.05%
AMRK	B	0.05%
BFS	F	0.05%
CSR	A	0.05%
DHIL	C	0.05%
NEWT	F	0.05%
BRT	B	0.04%
PLYM	F	0.04%
BFC	D	0.04%
CBL	F	0.04%
CASS	D	0.04%
BSIG	C	0.04%
CHCT	F	0.04%
WSR	C	0.04%
HQI	D	0.04%
LAND	D	0.03%
FPI	C	0.03%
CZNC	D	0.03%
WTBA	D	0.03%
BSVN	A	0.03%
VOC	F	0.03%
OLP	A	0.03%
PSTL	C	0.03%
CLDT	F	0.03%
FMNB	D	0.03%
TIPT	D	0.03%
FSBC	D	0.03%
CSPI	D	0.03%
GMRE	D	0.03%
AHH	B	0.03%
CBNK	D	0.02%
AROW	C	0.02%
PKST	F	0.02%
DHC	D	0.02%
III	F	0.02%
RMR	B	0.02%
OBT	B	0.01%
FDBC	D	0.01%
PLBC	B	0.01%
SSBK	B	0.01%
PINE	D	0.01%

DES Underweight 612 Positions Relative to DFSV

Symbol	Grade	Weight
MHK	D	-0.73%
PVH	D	-0.71%
CMC	C	-0.7%
PBF	D	-0.69%
MUR	B	-0.69%
TMHC	C	-0.67%
FNB	A	-0.66%
AVT	B	-0.62%
MTG	C	-0.61%
AGO	D	-0.59%
AL	A	-0.58%
JXN	A	-0.57%
OZK	B	-0.56%
AMKR	C	-0.56%
KEX	B	-0.56%
GPI	B	-0.55%
THO	F	-0.53%
SWN	B	-0.53%
DTM	A	-0.52%
ONB	A	-0.52%
POST	B	-0.52%
ALK	B	-0.51%
TPH	A	-0.51%
WTM	A	-0.5%
CNX	B	-0.5%
INGR	C	-0.5%
SANM	B	-0.49%
M	C	-0.49%
WAL	B	-0.48%
AR	A	-0.47%
ASH	B	-0.47%
PNFP	C	-0.47%
PB	B	-0.46%
SM	B	-0.45%
ST	B	-0.45%
PRGO	B	-0.45%
WTFC	B	-0.44%
UBSI	C	-0.44%
ARW	B	-0.44%
R	A	-0.43%
ESNT	C	-0.43%
FHN	A	-0.43%
HUN	D	-0.43%
CADE	B	-0.43%
AA	B	-0.43%
JHG	A	-0.43%
ELAN	D	-0.42%
STNG	B	-0.42%
GTES	C	-0.42%
OSK	D	-0.42%
FYBR	B	-0.42%
GATX	D	-0.41%
ALIT	C	-0.41%
ESI	D	-0.4%
URBN	D	-0.4%
WCC	C	-0.39%
CHRD	B	-0.39%
BPOP	A	-0.39%
HOG	D	-0.38%
MDU	A	-0.38%
RIG	F	-0.38%
IVZ	D	-0.38%
SEB	F	-0.37%
VLY	F	-0.37%
ZION	B	-0.36%
SKYW	B	-0.36%
GT	D	-0.36%
HUBG	C	-0.36%
NOV	C	-0.36%
DXC	F	-0.36%
AXS	A	-0.36%
LAD	D	-0.35%
X	D	-0.35%
GNW	C	-0.34%
DNB	D	-0.34%
MAN	B	-0.34%
ABG	C	-0.34%
ESGR	C	-0.34%
MTDR	D	-0.33%
COHR	D	-0.33%
DAR	F	-0.32%
WBS	D	-0.32%
TCBI	B	-0.32%
BOKF	A	-0.3%
BCC	D	-0.3%
REZI	D	-0.29%
SSB	D	-0.29%
TROX	B	-0.29%
JLL	C	-0.29%
ENOV	F	-0.28%
ADNT	F	-0.28%
ATGE	A	-0.28%
INSW	A	-0.28%
ODP	C	-0.27%
CEIX	F	-0.27%
CIVI	B	-0.27%
RRC	B	-0.27%
NVST	F	-0.26%
CLVT	F	-0.26%
DHT	B	-0.26%
AZTA	D	-0.26%
LEA	F	-0.25%
LPG	B	-0.24%
GPS	D	-0.24%
BWA	B	-0.24%
B	C	-0.24%
MODG	B	-0.23%
PFSI	A	-0.23%
SNV	C	-0.23%
CRK	B	-0.23%
THS	F	-0.22%
GPOR	B	-0.22%
CWK	C	-0.21%
AEO	B	-0.21%
LGIH	F	-0.21%
SKX	B	-0.21%
LTH	D	-0.21%
ZD	D	-0.21%
TTMI	A	-0.21%
PLAB	C	-0.21%
DIOD	B	-0.2%
SRCL	D	-0.2%
XRAY	F	-0.2%
MIR	C	-0.2%
CENTA	C	-0.19%
ACT	A	-0.19%
SFL	A	-0.19%
JBLU	D	-0.19%
BERY	D	-0.19%
NJR	B	-0.19%
FDP	D	-0.18%
ORA	C	-0.18%
XPRO	B	-0.18%
FA	B	-0.18%
SNDR	D	-0.18%
PPC	A	-0.18%
KAR	A	-0.18%
BHF	B	-0.18%
TNK	B	-0.18%
OI	F	-0.18%
AAP	D	-0.18%
APA	F	-0.18%
MTZ	B	-0.17%
HLX	B	-0.17%
AIR	B	-0.17%
CUBI	D	-0.17%
ADTN	F	-0.17%
NTCT	F	-0.17%
VSTO	A	-0.16%
CMRE	A	-0.16%
ASGN	D	-0.16%
AMWD	D	-0.16%
GMS	C	-0.16%
IPGP	D	-0.15%
CDE	B	-0.15%
OMI	F	-0.14%
TALO	D	-0.14%
BILL	F	-0.14%
FOR	D	-0.14%
FAF	D	-0.14%
USM	C	-0.14%
UA	D	-0.14%
HELE	F	-0.14%
SIG	C	-0.14%
MRCY	D	-0.13%
LRN	A	-0.13%
DNOW	D	-0.13%
JELD	C	-0.13%
ITGR	D	-0.13%
NWL	C	-0.12%
SUPN	D	-0.12%
SPNT	C	-0.12%
PBH	D	-0.12%
REX	B	-0.12%
FL	F	-0.12%
GXO	D	-0.12%
SLCA	B	-0.12%
LILAK	B	-0.12%
ICUI	F	-0.12%
GIII	D	-0.12%
COHU	F	-0.12%
HGV	D	-0.12%
SCSC	B	-0.11%
ENVA	B	-0.11%
DCO	B	-0.11%
LAUR	A	-0.11%
NMIH	A	-0.11%
INVA	B	-0.11%
ECPG	D	-0.11%
VCYT	F	-0.11%
SATS	B	-0.11%
KBH	C	-0.11%
BMBL	F	-0.1%
ECVT	F	-0.1%
GNK	B	-0.1%
SGRY	F	-0.1%
LBRDK	F	-0.1%
PUMP	B	-0.1%
ROG	C	-0.1%
NEOG	F	-0.1%
BKD	B	-0.09%
SWI	B	-0.09%
UAA	F	-0.09%
HLIO	C	-0.09%
AXL	B	-0.09%
BXC	D	-0.09%
PLYA	C	-0.09%
NXST	C	-0.09%
LC	B	-0.09%
KN	B	-0.09%
ACIW	B	-0.08%
EZPW	C	-0.08%
HAYW	C	-0.08%
CPA	C	-0.08%
MGNI	D	-0.08%
CMA	B	-0.08%
PCRX	F	-0.08%
ATSG	C	-0.08%
PLXS	B	-0.08%
AOSL	D	-0.08%
BV	B	-0.08%
UCTT	D	-0.08%
AMBC	D	-0.07%
LGND	D	-0.07%
HZO	F	-0.07%
NAT	C	-0.07%
MSGE	B	-0.07%
DXPE	B	-0.07%
PLUS	C	-0.07%
VREX	F	-0.07%
DRQ	F	-0.07%
PRA	C	-0.07%
SBLK	A	-0.07%
TK	B	-0.07%
TITN	F	-0.07%
MLI	B	-0.07%
ROCK	D	-0.07%
JAZZ	D	-0.07%
HTZ	F	-0.07%
SRCL	D	-0.07%
RCM	F	-0.07%
CLW	A	-0.07%
AVNS	D	-0.07%
ASC	A	-0.07%
KE	C	-0.07%
AGCO	D	-0.06%
VPG	C	-0.06%
PRAA	C	-0.06%
MD	D	-0.06%
NVRI	F	-0.06%
ETWO	B	-0.06%
NR	B	-0.06%
SNCY	F	-0.06%
MOG.A	A	-0.06%
UVSP	B	-0.06%
DGII	F	-0.06%
WS	C	-0.06%
NAPA	F	-0.06%
CCRN	F	-0.06%
VTOL	B	-0.06%
GLDD	F	-0.05%
RDN	C	-0.05%
TKR	B	-0.05%
CTOS	F	-0.05%
TRC	B	-0.05%
THR	B	-0.05%
GRBK	C	-0.05%
ZUMZ	B	-0.05%
CENT	D	-0.05%
KNX	F	-0.05%
MERC	A	-0.05%
MBUU	F	-0.05%
TWI	F	-0.05%
COLB	C	-0.05%
FUL	C	-0.05%
CACI	A	-0.05%
UFPI	C	-0.05%
MRC	D	-0.05%
PRM	B	-0.05%
CGEM	B	-0.04%
PARR	F	-0.04%
DAKT	B	-0.04%
BJRI	C	-0.04%
NWPX	C	-0.04%
SBOW	C	-0.04%
HCSG	F	-0.04%
OSUR	F	-0.04%
GSM	B	-0.04%
OMCL	C	-0.04%
USNA	F	-0.04%
MATV	B	-0.04%
OSG	B	-0.04%
HOMB	B	-0.04%
GLRE	B	-0.04%
PACK	B	-0.04%
IART	F	-0.04%
BIO	F	-0.03%
OIS	F	-0.03%
DH	F	-0.03%
IPI	D	-0.03%
THRY	C	-0.03%
BOOM	F	-0.03%
AVO	B	-0.03%
VMEO	F	-0.03%
LSEA	F	-0.03%
LOCO	C	-0.03%
SRI	F	-0.03%
ZIMV	D	-0.03%
JEF	B	-0.03%
LOVE	B	-0.03%
AEL	A	-0.03%
GCO	F	-0.03%
USAP	B	-0.03%
LILA	B	-0.03%
PRLB	D	-0.03%
NGS	B	-0.03%
GDOT	C	-0.03%
PTEN	F	-0.03%
HRTG	C	-0.03%
AMCX	D	-0.03%
FRPH	B	-0.03%
BFST	D	-0.03%
IAS	F	-0.03%
AHCO	C	-0.03%
TBI	F	-0.03%
BOC	F	-0.03%
TPC	A	-0.03%
HTBI	B	-0.03%
CHGG	F	-0.03%
CFB	C	-0.03%
RYAM	D	-0.02%
EYE	F	-0.02%
ONEW	F	-0.02%
MOFG	D	-0.02%
HOV	B	-0.02%
CLNE	F	-0.02%
RBB	B	-0.02%
CVEO	D	-0.02%
BCML	B	-0.02%
FRD	B	-0.02%
MG	D	-0.02%
TSBK	D	-0.02%
MTW	F	-0.02%
HNRG	F	-0.02%
CNDT	B	-0.02%
SMHI	F	-0.02%
SSYS	F	-0.02%
MCFT	F	-0.02%
TMP	D	-0.02%
ASUR	F	-0.02%
BBCP	D	-0.02%
ASLE	D	-0.02%
CTRN	F	-0.02%
AVD	C	-0.02%
KODK	C	-0.02%
GCI	B	-0.02%
HMST	D	-0.02%
SSP	C	-0.02%
NTGR	F	-0.02%
FLXS	B	-0.02%
FSTR	D	-0.02%
RLGT	F	-0.02%
GENC	B	-0.02%
LE	B	-0.02%
ORN	D	-0.02%
HBCP	B	-0.02%
CLF	F	-0.02%
PANL	C	-0.02%
LEGH	D	-0.02%
RUN	D	-0.02%
RBBN	B	-0.02%
LXU	C	-0.02%
FLWS	F	-0.02%
BAND	B	-0.02%
LGF.A	B	-0.02%
AMPY	B	-0.02%
WSBF	B	-0.02%
GO	F	-0.01%
ACNB	F	-0.01%
ACDC	F	-0.01%
NEXA	B	-0.01%
ACTG	B	-0.01%
ADV	B	-0.01%
GPRE	F	-0.01%
WLFC	B	-0.01%
CBAN	B	-0.01%
GATO	B	-0.01%
OPBK	C	-0.01%
ICHR	C	-0.01%
VRA	D	-0.01%
ANGI	C	-0.01%
NGVT	B	-0.01%
INTT	D	-0.01%
NBR	F	-0.01%
CNSL	C	-0.01%
OLPX	F	-0.01%
RVSB	F	-0.01%
GDEN	F	-0.01%
CRNC	F	-0.01%
TLYS	F	-0.01%
CPS	B	-0.01%
BWB	B	-0.01%
FLGT	F	-0.01%
PETQ	D	-0.01%
UBFO	F	-0.01%
PKBK	C	-0.01%
STRT	D	-0.01%
BLFY	C	-0.01%
TCBX	A	-0.01%
CNXC	F	-0.01%
SUM	D	-0.01%
SBH	F	-0.01%
WOOF	F	-0.01%
CCBG	D	-0.01%
FET	F	-0.01%
FONR	D	-0.01%
AOUT	F	-0.01%
CVGI	F	-0.01%
TTEC	F	-0.01%
DHX	D	-0.01%
DXLG	F	-0.01%
SPWH	F	-0.01%
PCB	D	-0.01%
CLFD	B	-0.01%
MEC	B	-0.01%
VIRC	B	-0.01%
SWIM	F	-0.01%
LXFR	B	-0.01%
BALY	B	-0.01%
AMPS	F	-0.01%
RMAX	F	-0.01%
VNDA	B	-0.01%
BCBP	D	-0.01%
BFIN	D	-0.01%
ANGO	C	-0.01%
VRNT	C	-0.01%
SENEA	B	-0.01%
MPAA	F	-0.01%
AVNW	F	-0.01%
ULBI	A	-0.01%
PFIS	D	-0.01%
MPB	B	-0.01%
CARE	D	-0.01%
UNFI	F	-0.01%
BZH	D	-0.01%
POWW	C	-0.01%
BH	B	-0.01%
KIDS	B	-0.01%
QUAD	F	-0.01%
TTSH	C	-0.01%
ORGO	F	-0.01%
LINC	A	-0.01%
AMR	D	-0.01%
ANIK	A	-0.01%
PTSI	C	-0.01%
JAKK	F	-0.01%
RPAY	B	-0.01%
VSAT	D	-0.01%
NYCB	D	-0.01%
LBRDA	F	-0.01%
GEOS	C	-0.01%
VYGR	C	-0.01%
WNEB	F	-0.01%
FUNC	B	-0.01%
SSBI	F	-0.0%
RBKB	D	-0.0%
ESP	C	-0.0%
COFS	C	-0.0%
LSBK	B	-0.0%
FCAP	D	-0.0%
HWBK	D	-0.0%
FSFG	D	-0.0%
FCCO	F	-0.0%
KEQU	B	-0.0%
CFBK	D	-0.0%
BOTJ	D	-0.0%
OVBC	F	-0.0%
LUNA	F	-0.0%
LARK	D	-0.0%
IROQ	D	-0.0%
RMBI	D	-0.0%
NWFL	D	-0.0%
FNCB	D	-0.0%
TAIT	F	-0.0%
VABK	D	-0.0%
ELSE	C	-0.0%
GROW	D	-0.0%
HNNA	D	-0.0%
LGL	F	-0.0%
NTIP	F	-0.0%
SLNG	C	-0.0%
AMS	B	-0.0%
EHTH	F	-0.0%
CPSS	C	-0.0%
DAIO	F	-0.0%
FKWL	C	-0.0%
FUSB	B	-0.0%
NSYS	B	-0.0%
DIT	F	-0.0%
CRWS	D	-0.0%
MGYR	D	-0.0%
BDL	C	-0.0%
CULP	F	-0.0%
OPHC	D	-0.0%
WHLM	C	-0.0%
AMRC	C	-0.0%
TSRI	D	-0.0%
ATLO	B	-0.0%
MVBF	F	-0.0%
WVVI	F	-0.0%
EVI	D	-0.0%
AFBI	B	-0.0%
ALTO	F	-0.0%
FRAF	C	-0.0%
EBMT	B	-0.0%
SRTS	C	-0.0%
HMNF	F	-0.0%
ALOT	B	-0.0%
VOXX	F	-0.0%
PPIH	B	-0.0%
CBFV	B	-0.0%
TAYD	C	-0.0%
CRMT	D	-0.0%
LCNB	D	-0.0%
CALB	D	-0.0%
LFVN	C	-0.0%
AGTI	C	-0.0%
NTIC	A	-0.0%
AE	C	-0.0%
CEVA	D	-0.0%
UONEK	F	-0.0%
FVCB	D	-0.0%
CHMG	B	-0.0%
MYFW	B	-0.0%
FLL	D	-0.0%
LGF.A	B	-0.0%
CKX	C	-0.0%
GPRO	F	-0.0%
CVR	C	-0.0%
WHG	C	-0.0%
UONE	F	-0.0%
PROV	F	-0.0%
METCB	F	-0.0%
DOUG	F	-0.0%
CNNE	D	-0.0%
FREE	A	-0.0%
CZFS	D	-0.0%
PVBC	B	-0.0%
DSGR	B	-0.0%
MRBK	F	-0.0%
MNSB	F	-0.0%
AXR	D	-0.0%
LIVE	F	-0.0%
FPH	C	-0.0%
TRT	B	-0.0%
CONN	D	-0.0%
ITI	D	-0.0%
DLHC	F	-0.0%
EBTC	D	-0.0%
AXTI	D	-0.0%
ASRV	F	-0.0%
EVBN	D	-0.0%
EGRX	F	-0.0%
FORR	F	-0.0%
HIFS	B	-0.0%
CVLY	B	-0.0%
AC	F	-0.0%
TWKS	F	-0.0%
JRVR	D	-0.0%
ATLC	F	-0.0%
CYRX	D	-0.0%
GAIA	B	-0.0%
CHUY	F	-0.0%
TACT	F	-0.0%
OLO	F	-0.0%
LTRX	D	-0.0%
NL	A	-0.0%
UFI	F	-0.0%
TARO	B	-0.0%
WLDN	A	-0.0%
PRTS	F	-0.0%
TBRG	F	-0.0%
HAIN	F	-0.0%
ITOS	C	-0.0%
NATR	C	-0.0%
TG	B	-0.0%
CIX	B	-0.0%
CRSR	F	-0.0%
PNRG	B	-0.0%
SBFG	F	-0.0%
DLTH	F	-0.0%
ADUS	D	-0.0%
TUSK	F	-0.0%
CZWI	D	-0.0%
KTCC	F	-0.0%
SNFCA	F	-0.0%
SCX	A	-0.0%
CFFI	F	-0.0%
EPSN	B	-0.0%
HDSN	F	-0.0%
TBNK	D	-0.0%
TASK	C	-0.0%
MYPS	F	-0.0%
OCN	C	-0.0%
SFST	F	-0.0%
BWFG	D	-0.0%
PWOD	F	-0.0%
CMTL	F	-0.0%
KVHI	D	-0.0%
MCB	B	-0.0%
ACHC	F	-0.0%
SBT	F	-0.0%

DES: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials REIT - Diversified Oil & Gas E&P REIT - Retail Savings & Cooperative Banks Asset Management Electronic Components Specialty Chemicals REIT - Hotel & Motel Restaurants Home Furnishings & Fixtures Insurance - Property & Casualty Oil & Gas Equipment & Services Packaged Foods Business Services REIT - Healthcare Facilities Staffing & Outsourcing Services Telecom Services Utilities - Regulated Water