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

$36.64

Average Daily Volume

106,085

Number of Holdings ^*

567

* 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

$32.76

Average Daily Volume

567,570

Number of Holdings ^*

948

* may have additional holdings in another (foreign) market

Performance

Period	DES	DFSV
30 Days	4.70%	4.98%
60 Days	5.29%	5.46%
90 Days	9.60%	8.43%
12 Months	28.54%	26.90%

321 Overlapping Holdings

Symbol	Grade	Weight in DES	Weight in DFSV	Overlap
ABCB	B	0.19%	0.41%	0.19%
ABM	B	0.27%	0.33%	0.27%
ACA	A	0.2%	0.41%	0.2%
ACCO	B	0.15%	0.03%	0.03%
ACU	C	0.03%	0.0%	0.0%
AESI	B	0.23%	0.01%	0.01%
ALCO	F	0.04%	0.01%	0.01%
ALG	C	0.1%	0.02%	0.02%
ALRS	D	0.05%	0.0%	0.0%
ALTG	C	0.05%	0.0%	0.0%
AMAL	B	0.06%	0.03%	0.03%
AMTB	B	0.04%	0.04%	0.04%
ANDE	F	0.11%	0.16%	0.11%
ANET	D	0.19%	0.01%	0.01%
ARC	A	0.04%	0.01%	0.01%
ARCB	C	0.11%	0.21%	0.11%
ARCH	B	0.12%	0.23%	0.12%
ARKO	D	0.08%	0.0%	0.0%
AROW	B	0.03%	0.0%	0.0%
ASB	B	0.5%	0.38%	0.38%
ASIX	B	0.11%	0.07%	0.07%
ASTE	C	0.1%	0.07%	0.07%
ATNI	F	0.06%	0.02%	0.02%
AUB	B	0.34%	0.3%	0.3%
AVNT	B	0.46%	0.35%	0.35%
AZZ	A	0.15%	0.07%	0.07%
BANC	B	0.19%	0.01%	0.01%
BANR	B	0.24%	0.2%	0.2%
BELFB	D	0.08%	0.02%	0.02%
BFH	B	0.17%	0.27%	0.17%
BGS	F	0.12%	0.03%	0.03%
BHB	B	0.03%	0.04%	0.03%
BHE	B	0.22%	0.16%	0.16%
BHLB	B	0.11%	0.11%	0.11%
BHRB	B	0.09%	0.02%	0.02%
BKU	A	0.27%	0.28%	0.27%
BMRC	B	0.03%	0.02%	0.02%
BRKL	B	0.14%	0.09%	0.09%
BRY	F	0.08%	0.03%	0.03%
BSET	C	0.03%	0.01%	0.01%
BSRR	C	0.05%	0.04%	0.04%
BTU	B	0.18%	0.31%	0.18%
BUSE	B	0.15%	0.12%	0.12%
BY	B	0.07%	0.09%	0.07%
CABO	B	0.19%	0.13%	0.13%
CAC	B	0.06%	0.04%	0.04%
CAL	F	0.1%	0.05%	0.05%
CALM	A	0.16%	0.2%	0.16%
CATO	B	0.02%	0.0%	0.0%
CATY	B	0.51%	0.31%	0.31%
CBNK	B	0.02%	0.0%	0.0%
CCNE	B	0.06%	0.04%	0.04%
CCS	F	0.16%	0.26%	0.16%
CFFN	B	0.12%	0.02%	0.02%
CIVB	B	0.04%	0.03%	0.03%
CLAR	F	0.04%	0.01%	0.01%
CMCO	C	0.09%	0.1%	0.09%
CMP	C	0.06%	0.0%	0.0%
CNMD	C	0.09%	0.0%	0.0%
CNOB	B	0.07%	0.09%	0.07%
CNXN	D	0.1%	0.05%	0.05%
CPF	B	0.09%	0.03%	0.03%
CRC	A	0.45%	0.27%	0.27%
CRGY	A	0.2%	0.09%	0.09%
CTBI	B	0.16%	0.05%	0.05%
CVBF	A	0.33%	0.22%	0.22%
CVI	D	0.48%	0.01%	0.01%
CZNC	B	0.03%	0.01%	0.01%
DAN	F	0.13%	0.12%	0.12%
DBI	F	0.05%	0.02%	0.02%
DCOM	A	0.11%	0.12%	0.11%
DGICA	A	0.04%	0.03%	0.03%
DK	D	0.16%	0.08%	0.08%
DLX	B	0.25%	0.08%	0.08%
DNUT	F	0.1%	0.05%	0.05%
EBC	B	0.32%	0.24%	0.24%
EBF	F	0.15%	0.06%	0.06%
EFSC	B	0.12%	0.16%	0.12%
EGBN	B	0.14%	0.07%	0.07%
EGY	F	0.14%	0.03%	0.03%
EIG	B	0.12%	0.13%	0.12%
EML	D	0.05%	0.01%	0.01%
ENS	D	0.22%	0.08%	0.08%
EPC	F	0.13%	0.18%	0.13%
EPM	A	0.05%	0.01%	0.01%
EQBK	B	0.04%	0.02%	0.02%
ESCA	B	0.05%	0.0%	0.0%
ESE	B	0.14%	0.01%	0.01%
ETD	D	0.16%	0.08%	0.08%
EVC	C	0.05%	0.0%	0.0%
FBIZ	A	0.02%	0.03%	0.02%
FBK	B	0.11%	0.06%	0.06%
FBMS	B	0.09%	0.09%	0.09%
FBNC	B	0.12%	0.14%	0.12%
FCBC	B	0.09%	0.01%	0.01%
FCF	B	0.17%	0.15%	0.15%
FF	F	0.05%	0.02%	0.02%
FFBC	B	0.46%	0.25%	0.25%
FFIC	B	0.06%	0.04%	0.04%
FHB	B	0.46%	0.28%	0.28%
FIBK	A	0.65%	0.29%	0.29%
FISI	B	0.09%	0.04%	0.04%
FLIC	B	0.05%	0.02%	0.02%
FMBH	B	0.05%	0.05%	0.05%
FMNB	B	0.04%	0.0%	0.0%
FNWB	C	0.0%	0.01%	0.0%
FRBA	D	0.02%	0.01%	0.01%
FRME	B	0.28%	0.21%	0.21%
FRST	B	0.03%	0.02%	0.02%
FSBW	B	0.03%	0.01%	0.01%
FULT	B	0.37%	0.32%	0.32%
GBX	B	0.26%	0.21%	0.21%
GEF	A	0.26%	0.01%	0.01%
GEF	A	0.26%	0.19%	0.19%
GES	F	0.18%	0.05%	0.05%
GHC	B	0.17%	0.29%	0.17%
GNTY	A	0.03%	0.01%	0.01%
GRNT	B	0.24%	0.04%	0.04%
GSBC	B	0.04%	0.02%	0.02%
GTN	F	0.07%	0.03%	0.03%
HAFC	B	0.08%	0.06%	0.06%
HAYN	A	0.1%	0.06%	0.06%
HBB	F	0.05%	0.0%	0.0%
HBNC	B	0.09%	0.06%	0.06%
HBT	B	0.09%	0.0%	0.0%
HCC	B	0.13%	0.03%	0.03%
HFWA	B	0.09%	0.07%	0.07%
HI	C	0.17%	0.17%	0.17%
HL	C	0.14%	0.09%	0.09%
HLIO	C	0.11%	0.12%	0.11%
HMN	B	0.15%	0.13%	0.13%
HNI	A	0.29%	0.05%	0.05%
HOFT	C	0.04%	0.02%	0.02%
HONE	B	0.03%	0.04%	0.03%
HOPE	B	0.22%	0.13%	0.13%
HP	C	0.33%	0.32%	0.32%
HPK	C	0.08%	0.0%	0.0%
HSII	B	0.15%	0.07%	0.07%
HSTM	B	0.08%	0.0%	0.0%
HTBK	B	0.1%	0.05%	0.05%
HTLD	C	0.07%	0.06%	0.06%
HTLF	B	0.23%	0.2%	0.2%
HURC	C	0.04%	0.01%	0.01%
HVT	F	0.08%	0.03%	0.03%
HWC	B	0.35%	0.41%	0.35%
HY	D	0.13%	0.0%	0.0%
IBCP	B	0.07%	0.02%	0.02%
IBOC	B	0.42%	0.04%	0.04%
IBTX	B	0.23%	0.21%	0.21%
III	C	0.02%	0.0%	0.0%
IIIN	C	0.05%	0.03%	0.03%
IMKTA	C	0.06%	0.1%	0.06%
IMMR	F	0.07%	0.0%	0.0%
INBK	B	0.01%	0.03%	0.01%
INDB	B	0.29%	0.24%	0.24%
IOSP	C	0.22%	0.0%	0.0%
ISTR	B	0.02%	0.02%	0.02%
ITIC	A	0.08%	0.0%	0.0%
JBT	A	0.16%	0.19%	0.16%
JOUT	F	0.05%	0.02%	0.02%
KALU	C	0.26%	0.08%	0.08%
KELYA	F	0.06%	0.03%	0.03%
KFY	B	0.22%	0.3%	0.22%
KMT	C	0.27%	0.18%	0.18%
KOP	C	0.06%	0.06%	0.06%
KRNY	B	0.06%	0.04%	0.04%
KRO	F	0.34%	0.04%	0.04%
KSS	F	0.51%	0.16%	0.16%
KW	C	0.09%	0.01%	0.01%
KWR	C	0.14%	0.06%	0.06%
LAKE	B	0.04%	0.02%	0.02%
LBRT	F	0.22%	0.24%	0.22%
LCII	C	0.35%	0.16%	0.16%
LCUT	F	0.03%	0.01%	0.01%
LYTS	B	0.11%	0.01%	0.01%
LZB	B	0.16%	0.17%	0.16%
MATW	C	0.09%	0.04%	0.04%
MATX	B	0.29%	0.44%	0.29%
MBCN	C	0.01%	0.0%	0.0%
MBIN	F	0.07%	0.01%	0.01%
MBWM	B	0.09%	0.08%	0.08%
MCS	B	0.13%	0.06%	0.06%
METC	C	0.08%	0.03%	0.03%
MGPI	F	0.05%	0.06%	0.05%
MLKN	F	0.18%	0.14%	0.14%
MLR	C	0.15%	0.07%	0.07%
MMI	B	0.06%	0.03%	0.03%
MNRO	D	0.15%	0.06%	0.06%
MOV	D	0.06%	0.02%	0.02%
MRTN	D	0.1%	0.12%	0.1%
MSBI	B	0.06%	0.05%	0.05%
MTX	C	0.11%	0.22%	0.11%
MYE	F	0.08%	0.01%	0.01%
NAVI	F	0.16%	0.13%	0.13%
NBHC	B	0.13%	0.12%	0.12%
NBN	B	0.04%	0.0%	0.0%
NBTB	B	0.19%	0.02%	0.02%
NC	C	0.04%	0.01%	0.01%
NECB	B	0.03%	0.02%	0.02%
NFBK	B	0.06%	0.04%	0.04%
NGVC	A	0.18%	0.02%	0.02%
NHC	C	0.29%	0.12%	0.12%
NIC	B	0.07%	0.05%	0.05%
NMRK	C	0.09%	0.07%	0.07%
NNI	D	0.12%	0.26%	0.12%
NOG	A	0.53%	0.19%	0.19%
NPK	C	0.12%	0.03%	0.03%
NRIM	A	0.06%	0.01%	0.01%
NWBI	B	0.33%	0.17%	0.17%
NX	C	0.08%	0.07%	0.07%
OBK	B	0.05%	0.06%	0.05%
OCFC	B	0.16%	0.09%	0.09%
ODC	C	0.08%	0.01%	0.01%
OFG	B	0.19%	0.02%	0.02%
OPY	B	0.04%	0.0%	0.0%
ORRF	B	0.04%	0.02%	0.02%
OSBC	A	0.04%	0.05%	0.04%
OXM	F	0.15%	0.03%	0.03%
PAHC	B	0.11%	0.0%	0.0%
PATK	C	0.38%	0.08%	0.08%
PDCO	F	0.25%	0.05%	0.05%
PEBO	B	0.23%	0.12%	0.12%
PFC	B	0.13%	0.09%	0.09%
PFS	B	0.34%	0.26%	0.26%
PGC	A	0.05%	0.05%	0.05%
PHIN	A	0.35%	0.16%	0.16%
PHX	A	0.03%	0.01%	0.01%
PINC	B	0.36%	0.19%	0.19%
PKOH	B	0.08%	0.03%	0.03%
PLPC	B	0.07%	0.05%	0.05%
PPBI	B	0.36%	0.23%	0.23%
PRDO	B	0.26%	0.15%	0.15%
PRIM	A	0.22%	0.12%	0.12%
PSMT	D	0.16%	0.07%	0.07%
PTVE	B	0.25%	0.11%	0.11%
QCRH	B	0.06%	0.09%	0.06%
RBCAA	B	0.12%	0.06%	0.06%
RCKY	F	0.04%	0.02%	0.02%
RDUS	C	0.08%	0.04%	0.04%
RELL	B	0.04%	0.02%	0.02%
REPX	A	0.16%	0.04%	0.04%
RES	D	0.12%	0.1%	0.1%
RGP	F	0.06%	0.02%	0.02%
RGR	F	0.08%	0.01%	0.01%
RM	D	0.04%	0.03%	0.03%
RNGR	A	0.09%	0.02%	0.02%
RNST	B	0.15%	0.19%	0.15%
RRBI	A	0.02%	0.0%	0.0%
RUSHA	B	0.39%	0.3%	0.3%
RUSHB	B	0.08%	0.01%	0.01%
RYI	C	0.1%	0.06%	0.06%
SAH	B	0.16%	0.11%	0.11%
SASR	B	0.24%	0.15%	0.15%
SBCF	B	0.17%	0.11%	0.11%
SBSI	B	0.12%	0.03%	0.03%
SCHL	F	0.08%	0.06%	0.06%
SCL	D	0.13%	0.13%	0.13%
SCS	B	0.21%	0.11%	0.11%
SCVL	F	0.14%	0.1%	0.1%
SD	D	0.08%	0.0%	0.0%
SFNC	B	0.37%	0.25%	0.25%
SGA	F	0.02%	0.01%	0.01%
SGC	C	0.07%	0.01%	0.01%
SHBI	B	0.04%	0.02%	0.02%
SHEN	F	0.04%	0.03%	0.03%
SHYF	C	0.09%	0.01%	0.01%
SMBC	B	0.04%	0.01%	0.01%
SMBK	B	0.05%	0.03%	0.03%
SMP	C	0.11%	0.07%	0.07%
SPFI	B	0.03%	0.01%	0.01%
SPOK	B	0.1%	0.0%	0.0%
SPTN	F	0.11%	0.06%	0.06%
SRCE	B	0.15%	0.04%	0.04%
SSBK	A	0.02%	0.0%	0.0%
SSTK	F	0.11%	0.02%	0.02%
STBA	B	0.16%	0.13%	0.13%
STC	B	0.16%	0.06%	0.06%
STRA	C	0.23%	0.19%	0.19%
SWBI	D	0.1%	0.05%	0.05%
SXC	A	0.19%	0.1%	0.1%
TCBK	B	0.11%	0.1%	0.1%
TDS	B	0.42%	0.31%	0.31%
TEX	D	0.18%	0.11%	0.11%
TGNA	B	0.37%	0.26%	0.26%
THFF	B	0.09%	0.05%	0.05%
TILE	A	0.14%	0.04%	0.04%
TOWN	B	0.23%	0.21%	0.21%
TRMK	B	0.21%	0.19%	0.19%
TRN	B	0.41%	0.09%	0.09%
TRS	B	0.07%	0.09%	0.07%
TRST	B	0.08%	0.06%	0.06%
TWIN	F	0.04%	0.01%	0.01%
UCB	A	0.35%	0.33%	0.33%
UFCS	A	0.03%	0.05%	0.03%
ULH	B	0.17%	0.02%	0.02%
UMBF	B	0.29%	0.11%	0.11%
UNF	B	0.12%	0.25%	0.12%
UNTY	B	0.02%	0.02%	0.02%
UTMD	F	0.05%	0.01%	0.01%
UVE	A	0.07%	0.0%	0.0%
UVV	B	0.31%	0.14%	0.14%
VAC	C	0.42%	0.25%	0.25%
VBTX	B	0.15%	0.13%	0.13%
VLGEA	C	0.08%	0.03%	0.03%
VSEC	B	0.14%	0.06%	0.06%
VSH	F	0.14%	0.19%	0.14%
VSTS	F	0.08%	0.07%	0.07%
WAFD	B	0.19%	0.28%	0.19%
WASH	B	0.11%	0.04%	0.04%
WERN	B	0.15%	0.22%	0.15%
WEYS	C	0.09%	0.02%	0.02%
WGO	D	0.14%	0.15%	0.14%
WKC	C	0.19%	0.16%	0.16%
WMK	B	0.18%	0.19%	0.18%
WNC	D	0.08%	0.05%	0.05%
WOR	F	0.24%	0.05%	0.05%
WSBC	B	0.28%	0.2%	0.2%
WSFS	B	0.14%	0.29%	0.14%
WTTR	A	0.22%	0.12%	0.12%
XRX	F	0.28%	0.07%	0.07%
ZEUS	C	0.05%	0.05%	0.05%

DES Overweight 247 Positions Relative to DFSV

Symbol	Grade	Weight
OGN	F	1.03%
TFSL	B	0.87%
EPR	D	0.73%
ALE	A	0.72%
CNS	B	0.71%
KNTK	A	0.71%
AROC	A	0.71%
CCOI	B	0.66%
TPG	A	0.64%
NSA	C	0.64%
BNL	D	0.61%
SBRA	B	0.61%
TNL	B	0.61%
VCTR	B	0.6%
MC	B	0.6%
KTB	B	0.59%
BKH	A	0.59%
EPRT	A	0.58%
SLG	B	0.58%
JWN	D	0.57%
OGS	A	0.56%
SMG	C	0.55%
CRS	A	0.51%
SR	A	0.51%
NHI	D	0.51%
NWE	C	0.5%
FBP	B	0.5%
AVA	C	0.45%
MGEE	B	0.44%
PNM	B	0.44%
HRI	C	0.44%
VIRT	A	0.42%
BKE	B	0.41%
IDCC	B	0.4%
SLVM	B	0.39%
CRI	F	0.38%
SEM	B	0.37%
LEG	F	0.36%
CUZ	B	0.36%
OTTR	C	0.35%
CBU	B	0.35%
SHOO	D	0.35%
POWL	C	0.35%
SLM	A	0.35%
BOH	B	0.34%
IIPR	F	0.33%
WWW	A	0.33%
SXT	C	0.32%
CDP	D	0.32%
AWR	B	0.32%
MWA	B	0.3%
GFF	A	0.3%
STEP	B	0.3%
CAKE	B	0.3%
AGX	B	0.3%
MCY	B	0.3%
KLG	D	0.3%
AMSF	B	0.3%
ENR	A	0.3%
BRC	C	0.29%
WDFC	B	0.28%
KMPR	A	0.28%
SPB	C	0.28%
WHD	B	0.28%
UPBD	C	0.28%
JJSF	C	0.28%
PBI	C	0.27%
PRK	B	0.27%
BANF	B	0.27%
CSWI	B	0.26%
NWN	A	0.26%
APOG	B	0.25%
BCO	F	0.25%
VRTS	B	0.24%
PIPR	B	0.24%
SFBS	B	0.24%
RRR	F	0.24%
WD	D	0.24%
USLM	B	0.23%
GVA	A	0.23%
SKT	A	0.23%
CPK	A	0.23%
CNO	B	0.23%
CTRE	C	0.23%
CBRL	C	0.23%
HEES	C	0.21%
CSGS	B	0.21%
WINA	B	0.21%
SJW	F	0.2%
MAC	A	0.2%
BDC	B	0.2%
HWKN	B	0.2%
CHCO	B	0.2%
CWT	C	0.2%
MGRC	B	0.2%
CXT	C	0.19%
UTL	B	0.19%
IRT	A	0.19%
MCRI	A	0.19%
AGM	B	0.18%
WABC	B	0.18%
AEIS	B	0.18%
KAI	B	0.18%
NPO	A	0.18%
BGC	C	0.17%
PRGS	B	0.17%
YOU	D	0.17%
CRAI	B	0.17%
GABC	B	0.16%
BLMN	F	0.16%
LMAT	A	0.16%
TPB	A	0.16%
SXI	B	0.16%
PZZA	F	0.16%
KLIC	C	0.16%
PJT	B	0.15%
REVG	B	0.15%
LXP	D	0.15%
PFBC	B	0.15%
JBSS	F	0.15%
KRT	B	0.14%
GIC	F	0.14%
TNC	F	0.14%
VHI	D	0.14%
HCKT	B	0.14%
KFRC	D	0.14%
SAFT	B	0.13%
AIN	C	0.13%
PK	D	0.13%
USPH	B	0.13%
LKFN	B	0.13%
ATEN	A	0.13%
BBSI	A	0.13%
GRC	B	0.13%
PCH	D	0.13%
DEI	A	0.12%
MSEX	B	0.12%
CSV	B	0.12%
EMBC	C	0.12%
CWH	C	0.12%
JOE	F	0.12%
LTC	B	0.12%
SYBT	B	0.12%
UTZ	D	0.12%
ALX	D	0.12%
ICFI	F	0.12%
EPAC	B	0.11%
PLOW	F	0.11%
TR	B	0.11%
CTS	C	0.1%
HTH	C	0.1%
NSSC	F	0.1%
LNN	B	0.1%
CDRE	F	0.1%
AKR	A	0.1%
FCPT	C	0.1%
UE	B	0.1%
DIN	C	0.1%
MTRN	C	0.1%
GTY	A	0.1%
CASH	B	0.09%
NVEC	D	0.09%
JACK	D	0.09%
DBRG	F	0.09%
LGTY	B	0.09%
LMNR	C	0.09%
EE	A	0.09%
DRH	B	0.08%
GCMG	A	0.08%
TRAK	A	0.08%
MPX	C	0.08%
MCBS	B	0.08%
EXPI	C	0.08%
UWMC	D	0.08%
MSB	B	0.08%
LOB	C	0.08%
EVTC	C	0.08%
ROIC	A	0.08%
YORW	D	0.08%
NATH	C	0.08%
SHO	D	0.08%
NUS	C	0.07%
CLB	B	0.07%
VRE	A	0.07%
JBGS	D	0.07%
MLAB	F	0.07%
XHR	B	0.07%
UMH	B	0.07%
ESRT	C	0.07%
GWRS	B	0.07%
AAT	A	0.07%
PKE	B	0.07%
ALEX	A	0.07%
IVT	A	0.07%
CVGW	D	0.07%
OFLX	D	0.06%
GNE	F	0.06%
ARTNA	F	0.06%
PEB	F	0.06%
DEA	D	0.06%
RLJ	C	0.06%
NEWT	B	0.06%
CTO	B	0.05%
WTI	F	0.05%
NRC	F	0.05%
BFS	C	0.05%
BFC	B	0.05%
SLP	F	0.05%
BSIG	A	0.05%
CSR	B	0.05%
RGCO	C	0.05%
DHIL	A	0.05%
CASS	B	0.04%
TIPT	B	0.04%
SVC	F	0.04%
SAVE	F	0.04%
WSR	B	0.04%
MEI	F	0.04%
BSVN	A	0.04%
CBL	A	0.04%
FSBC	B	0.04%
HCI	C	0.04%
HQI	B	0.04%
NTST	D	0.04%
RICK	C	0.04%
CHCT	C	0.03%
CLDT	C	0.03%
PSTL	D	0.03%
CSPI	C	0.03%
AHH	D	0.03%
BRT	A	0.03%
OLP	B	0.03%
TSQ	F	0.03%
GMRE	F	0.03%
AMRK	D	0.03%
PLYM	F	0.03%
WTBA	B	0.03%
RMR	F	0.02%
VOC	D	0.02%
LAND	F	0.02%
PKST	F	0.02%
DHC	F	0.02%
FPI	A	0.02%
FDBC	C	0.01%
OBT	B	0.01%
PLBC	A	0.01%
PINE	D	0.01%

DES Underweight 627 Positions Relative to DFSV

Symbol	Grade	Weight
TMHC	C	-0.68%
JXN	C	-0.67%
X	C	-0.64%
IVZ	B	-0.62%
PB	B	-0.61%
FHN	B	-0.6%
LAD	B	-0.6%
CMC	B	-0.59%
DTM	A	-0.58%
PNFP	B	-0.57%
CNX	A	-0.57%
WBS	A	-0.57%
MHK	D	-0.57%
FNB	B	-0.55%
MTG	C	-0.55%
BWA	D	-0.54%
FYBR	C	-0.54%
ONB	B	-0.54%
WCC	B	-0.54%
KNX	B	-0.53%
CADE	B	-0.53%
THO	C	-0.52%
ZION	B	-0.51%
AMKR	F	-0.51%
ALK	A	-0.51%
GPI	B	-0.5%
AR	B	-0.5%
POST	C	-0.49%
GTES	A	-0.48%
AL	B	-0.48%
CLF	F	-0.47%
UBSI	B	-0.47%
PVH	D	-0.47%
KEX	A	-0.46%
AVT	C	-0.46%
AGO	A	-0.45%
OSK	C	-0.45%
SM	C	-0.45%
OZK	B	-0.45%
WTFC	B	-0.45%
R	B	-0.43%
ARW	D	-0.43%
DAR	C	-0.43%
GATX	A	-0.42%
BOKF	B	-0.42%
MUR	D	-0.41%
WTM	A	-0.41%
SSB	B	-0.41%
ESNT	D	-0.41%
VLY	B	-0.4%
SKYW	B	-0.4%
NOV	C	-0.4%
DNB	A	-0.4%
SANM	B	-0.4%
CMA	B	-0.4%
RRC	B	-0.39%
BPOP	C	-0.39%
ABG	B	-0.39%
JAZZ	B	-0.39%
AXS	A	-0.38%
COLB	B	-0.38%
MOS	D	-0.38%
MTDR	B	-0.38%
ADTN	B	-0.37%
TPH	D	-0.37%
AGCO	F	-0.36%
LEA	F	-0.36%
JHG	B	-0.36%
TCBI	B	-0.35%
HOG	F	-0.35%
BIO	C	-0.34%
CRK	A	-0.34%
M	F	-0.34%
LTH	D	-0.33%
PBF	D	-0.33%
ST	F	-0.33%
URBN	D	-0.32%
INGR	B	-0.31%
HUBG	A	-0.3%
ASH	F	-0.3%
ESGR	B	-0.3%
GNW	A	-0.3%
DXC	C	-0.29%
PRGO	C	-0.29%
RIG	D	-0.29%
WAL	B	-0.29%
ALIT	C	-0.29%
FMC	D	-0.28%
HUN	F	-0.27%
REZI	A	-0.27%
STNG	D	-0.27%
MDU	D	-0.26%
ATGE	B	-0.26%
BHF	B	-0.26%
JLL	D	-0.26%
DINO	D	-0.26%
CWK	C	-0.26%
CIVI	F	-0.26%
NJR	A	-0.25%
XRAY	D	-0.25%
NWL	B	-0.25%
GTLS	A	-0.25%
MAN	F	-0.24%
FAF	A	-0.24%
MIDD	D	-0.24%
GXO	B	-0.24%
PBH	A	-0.24%
NEOG	D	-0.23%
TTMI	B	-0.23%
HHH	B	-0.23%
NVST	C	-0.22%
BILL	A	-0.22%
CHRD	F	-0.22%
SNDR	A	-0.22%
BERY	C	-0.22%
SEB	F	-0.22%
LGIH	F	-0.22%
ENOV	C	-0.21%
AMR	C	-0.21%
ZD	B	-0.21%
ACT	D	-0.21%
GT	C	-0.21%
ESI	B	-0.21%
AAP	D	-0.21%
IPGP	D	-0.21%
HGV	C	-0.2%
AZTA	D	-0.2%
INSW	F	-0.2%
WHR	B	-0.2%
CPA	A	-0.2%
SPNT	A	-0.19%
AIR	B	-0.18%
ASO	F	-0.18%
MIR	A	-0.18%
DIOD	F	-0.18%
AA	A	-0.18%
KAR	B	-0.18%
CEIX	B	-0.18%
CUBI	C	-0.17%
FL	F	-0.17%
DHT	D	-0.17%
FDP	A	-0.16%
B	A	-0.16%
ORA	B	-0.16%
SIG	C	-0.16%
LC	B	-0.16%
AEO	F	-0.16%
SNV	B	-0.16%
CENTA	C	-0.16%
USM	B	-0.16%
BCC	C	-0.16%
GAP	D	-0.16%
ELAN	D	-0.16%
CMRE	B	-0.16%
OI	D	-0.16%
TALO	C	-0.16%
UA	C	-0.16%
LBRDK	C	-0.16%
GPOR	A	-0.16%
UAA	C	-0.15%
PPC	B	-0.15%
TROX	D	-0.15%
HLX	B	-0.15%
THS	F	-0.14%
DNOW	B	-0.14%
MODG	F	-0.14%
SWI	B	-0.14%
AMWD	B	-0.14%
ROG	D	-0.14%
PLAB	C	-0.13%
SON	D	-0.13%
PRM	C	-0.13%
FA	C	-0.13%
SFL	D	-0.13%
TKR	F	-0.13%
ADNT	F	-0.13%
VSTO	A	-0.13%
SKX	F	-0.13%
KN	B	-0.13%
ICUI	D	-0.13%
SCSC	B	-0.12%
KBH	D	-0.12%
LPG	F	-0.12%
INVA	D	-0.12%
SUPN	B	-0.12%
TPC	C	-0.12%
XPRO	F	-0.12%
GIII	F	-0.12%
LRN	A	-0.12%
FOR	F	-0.12%
UNFI	A	-0.11%
ITGR	B	-0.11%
ATSG	A	-0.11%
COHU	D	-0.11%
BV	C	-0.11%
HELE	C	-0.11%
GO	C	-0.11%
SGRY	F	-0.11%
COTY	F	-0.1%
OMCL	C	-0.1%
APA	F	-0.1%
BXC	B	-0.1%
PLYA	B	-0.1%
VAL	F	-0.1%
GMS	B	-0.1%
DOLE	D	-0.1%
IART	C	-0.1%
ALGT	C	-0.09%
AOSL	D	-0.09%
DCO	B	-0.09%
ASGN	F	-0.09%
VTOL	B	-0.09%
NMIH	C	-0.09%
LILAK	D	-0.09%
ECPG	C	-0.08%
REX	D	-0.08%
MRCY	C	-0.08%
LAUR	A	-0.08%
RAMP	C	-0.08%
ODP	F	-0.08%
VTLE	C	-0.08%
UVSP	B	-0.08%
OMI	F	-0.08%
NTCT	C	-0.08%
ECVT	C	-0.08%
EZPW	A	-0.07%
ROCK	D	-0.07%
HOMB	B	-0.07%
AVNS	F	-0.07%
GLDD	B	-0.07%
DGII	B	-0.07%
PLXS	B	-0.07%
EYE	C	-0.07%
ACHC	F	-0.07%
PUMP	D	-0.07%
CLVT	D	-0.06%
NXST	D	-0.06%
CFB	B	-0.06%
HAYW	B	-0.06%
RCM	A	-0.06%
MTUS	D	-0.06%
JELD	F	-0.06%
PCRX	C	-0.06%
CERT	F	-0.06%
DXPE	B	-0.06%
MGNI	B	-0.06%
CE	F	-0.06%
GNK	C	-0.06%
PRA	B	-0.06%
AXL	C	-0.06%
HZO	F	-0.06%
JBLU	F	-0.06%
SBH	B	-0.05%
THR	B	-0.05%
NVRI	D	-0.05%
NR	B	-0.05%
LBRDA	C	-0.05%
MRC	B	-0.05%
ATKR	D	-0.05%
SNCY	C	-0.05%
PRAA	D	-0.05%
CPRI	F	-0.05%
FWRG	C	-0.05%
RYAM	C	-0.05%
ASC	D	-0.05%
RRX	B	-0.05%
CZR	F	-0.05%
NWPX	A	-0.05%
ICHR	C	-0.05%
PRLB	B	-0.05%
NAT	F	-0.05%
ZI	C	-0.05%
NAPA	A	-0.05%
SMPL	B	-0.04%
KOS	D	-0.04%
IAS	C	-0.04%
BJRI	C	-0.04%
CTOS	B	-0.04%
CACI	D	-0.04%
CLW	F	-0.04%
TMP	B	-0.04%
LOCO	D	-0.04%
UFPI	C	-0.04%
GRBK	D	-0.04%
RPAY	D	-0.04%
AMRC	F	-0.04%
ADV	C	-0.04%
HII	F	-0.04%
HTBI	B	-0.04%
OEC	C	-0.04%
USNA	C	-0.04%
AMBC	C	-0.04%
UCTT	F	-0.04%
HCSG	C	-0.04%
TRC	F	-0.04%
FUL	F	-0.04%
VRNT	D	-0.04%
KE	C	-0.04%
MBUU	C	-0.04%
CENT	C	-0.04%
HNRG	B	-0.04%
AVO	B	-0.04%
GLRE	B	-0.04%
MD	C	-0.04%
PLUS	F	-0.04%
VREX	B	-0.04%
HTZ	C	-0.04%
TFX	F	-0.03%
WSBF	B	-0.03%
HBCP	B	-0.03%
VPG	F	-0.03%
LXU	C	-0.03%
LEGH	D	-0.03%
WLFC	C	-0.03%
HRTG	C	-0.03%
BMBL	C	-0.03%
AMPY	F	-0.03%
IPI	B	-0.03%
NGS	A	-0.03%
AMPS	C	-0.03%
BAND	D	-0.03%
BFST	B	-0.03%
SWIM	C	-0.03%
GDOT	D	-0.03%
PACK	B	-0.03%
MTW	C	-0.03%
FRPH	A	-0.03%
USAP	B	-0.03%
BOC	D	-0.03%
MOFG	B	-0.03%
MSGE	F	-0.03%
LOVE	A	-0.03%
GCO	C	-0.03%
WS	B	-0.03%
RDN	D	-0.03%
PKBK	B	-0.02%
HAIN	D	-0.02%
NEO	C	-0.02%
GDEN	B	-0.02%
BCBP	B	-0.02%
KIDS	D	-0.02%
ORGO	B	-0.02%
CDE	C	-0.02%
THRM	F	-0.02%
RBB	B	-0.02%
RMAX	D	-0.02%
MERC	F	-0.02%
FFWM	C	-0.02%
GPRE	F	-0.02%
WNEB	A	-0.02%
NTGR	B	-0.02%
QRVO	F	-0.02%
MEC	F	-0.02%
CARS	C	-0.02%
TSBK	A	-0.02%
TWI	F	-0.02%
KODK	B	-0.02%
PARA	D	-0.02%
SENEA	A	-0.02%
HOV	D	-0.02%
DAKT	B	-0.02%
FUNC	B	-0.02%
VSAT	F	-0.02%
AHCO	D	-0.02%
MCFT	C	-0.02%
ZIMV	F	-0.02%
CFFI	A	-0.02%
PANL	F	-0.02%
OSUR	F	-0.02%
MPB	B	-0.02%
GENC	C	-0.02%
CLNE	F	-0.02%
SEG	B	-0.02%
FSTR	B	-0.02%
ZUMZ	C	-0.02%
FLXS	A	-0.02%
TCBX	A	-0.02%
NVEE	F	-0.02%
BCML	B	-0.02%
CCRN	F	-0.02%
CARE	B	-0.02%
JAKK	C	-0.02%
FLWS	D	-0.02%
LSEA	F	-0.02%
OIS	B	-0.02%
AMCX	C	-0.02%
RLGT	B	-0.02%
GSM	C	-0.02%
CRSR	C	-0.02%
TITN	D	-0.02%
LILA	D	-0.02%
VMEO	B	-0.02%
RBBN	B	-0.02%
MCB	B	-0.02%
CPS	C	-0.01%
NL	B	-0.01%
PVBC	B	-0.01%
PFSI	D	-0.01%
ORN	B	-0.01%
MCW	C	-0.01%
DHX	D	-0.01%
TBNK	B	-0.01%
VTSI	C	-0.01%
APEI	B	-0.01%
BWFG	B	-0.01%
SBT	C	-0.01%
EVBN	B	-0.01%
STRS	B	-0.01%
SPWH	F	-0.01%
NBR	D	-0.01%
TTEC	F	-0.01%
HMST	F	-0.01%
SLQT	B	-0.01%
THRY	F	-0.01%
FONR	F	-0.01%
AMN	F	-0.01%
CSTL	D	-0.01%
VNDA	C	-0.01%
MITK	D	-0.01%
ANGI	F	-0.01%
ACTG	F	-0.01%
MEG	F	-0.01%
VYGR	F	-0.01%
TBI	F	-0.01%
ACNB	B	-0.01%
ANGO	C	-0.01%
NATR	B	-0.01%
TTSH	D	-0.01%
FRD	F	-0.01%
FARO	B	-0.01%
BWMN	C	-0.01%
LTRX	F	-0.01%
SRTS	A	-0.01%
SYNA	D	-0.01%
AOUT	B	-0.01%
VIRC	C	-0.01%
SFST	B	-0.01%
EBTC	B	-0.01%
BZH	C	-0.01%
GEOS	C	-0.01%
TRDA	C	-0.01%
ULBI	F	-0.01%
MPAA	B	-0.01%
RVSB	B	-0.01%
CLFD	F	-0.01%
CTRN	F	-0.01%
DXLG	D	-0.01%
BALY	A	-0.01%
JBI	F	-0.01%
BWB	B	-0.01%
UBFO	A	-0.01%
PWOD	A	-0.01%
SNFCA	A	-0.01%
PFIS	B	-0.01%
HDSN	F	-0.01%
CBAN	B	-0.01%
LGF.A	C	-0.01%
PYCR	C	-0.01%
OPBK	B	-0.01%
ASLE	C	-0.01%
SRI	F	-0.01%
BFIN	A	-0.01%
BLFY	B	-0.01%
FET	F	-0.01%
ORI	A	-0.01%
BH	A	-0.01%
LINC	C	-0.01%
CCBG	B	-0.01%
OLPX	D	-0.01%
CNDT	C	-0.01%
AVD	C	-0.01%
RUN	F	-0.01%
CVEO	D	-0.01%
VRA	D	-0.01%
TCMD	B	-0.01%
SMHI	F	-0.01%
BOOM	F	-0.01%
STRT	B	-0.01%
BBCP	C	-0.01%
GCI	D	-0.01%
MG	F	-0.01%
PARR	F	-0.01%
ENVA	B	-0.01%
PCB	B	-0.01%
LXFR	B	-0.01%
ASUR	C	-0.01%
RBKB	A	-0.0%
LSBK	A	-0.0%
FCAP	D	-0.0%
HWBK	B	-0.0%
FSFG	A	-0.0%
LUNA	F	-0.0%
CFBK	C	-0.0%
BOTJ	B	-0.0%
LARK	A	-0.0%
RMBI	A	-0.0%
TAIT	F	-0.0%
IROQ	A	-0.0%
NWFL	C	-0.0%
ELSE	A	-0.0%
GROW	F	-0.0%
VABK	B	-0.0%
NSYS	D	-0.0%
LGL	B	-0.0%
DAIO	C	-0.0%
GPRO	F	-0.0%
SLNG	B	-0.0%
HNNA	C	-0.0%
DIT	F	-0.0%
CPSS	B	-0.0%
FUSB	A	-0.0%
FKWL	D	-0.0%
BDL	F	-0.0%
WHLM	D	-0.0%
MGYR	A	-0.0%
OVBC	A	-0.0%
ALTO	F	-0.0%
CULP	D	-0.0%
WVVI	F	-0.0%
CCRD	A	-0.0%
EVI	F	-0.0%
OPHC	C	-0.0%
ALOT	C	-0.0%
SSTI	D	-0.0%
ATLO	D	-0.0%
FRAF	A	-0.0%
TAYD	F	-0.0%
COOK	D	-0.0%
AFBI	C	-0.0%
UONEK	F	-0.0%
NTIC	C	-0.0%
LIVE	F	-0.0%
LGF.A	C	-0.0%
CBFV	A	-0.0%
AIOT	A	-0.0%
AMS	F	-0.0%
CKX	F	-0.0%
FLL	F	-0.0%
OVLY	B	-0.0%
AE	A	-0.0%
AXTI	F	-0.0%
METCB	D	-0.0%
FLGT	F	-0.0%
CVR	C	-0.0%
QIPT	F	-0.0%
JRVR	F	-0.0%
HFFG	C	-0.0%
ESP	B	-0.0%
WHG	B	-0.0%
TASK	C	-0.0%
BWEN	F	-0.0%
PROV	A	-0.0%
EBMT	B	-0.0%
CRWS	D	-0.0%
FTK	B	-0.0%
UEIC	B	-0.0%
TRT	B	-0.0%
FVCB	C	-0.0%
TG	D	-0.0%
FIGS	F	-0.0%
ASRV	B	-0.0%
COFS	A	-0.0%
PEBK	B	-0.0%
MNSB	C	-0.0%
TACT	F	-0.0%
MRBK	A	-0.0%
ITOS	F	-0.0%
AC	C	-0.0%
CZFS	B	-0.0%
PPIH	A	-0.0%
HIFS	B	-0.0%
DLHC	F	-0.0%
KVHI	B	-0.0%
TUSK	F	-0.0%
SGRP	D	-0.0%
ONEW	F	-0.0%
NNBR	C	-0.0%
LCNB	A	-0.0%
DCGO	B	-0.0%
TLYS	F	-0.0%
BCAL	A	-0.0%
FCCO	B	-0.0%
GAIA	B	-0.0%
OB	B	-0.0%
BCOV	A	-0.0%
FMAO	B	-0.0%
MNTX	B	-0.0%
CTKB	C	-0.0%
DLTH	D	-0.0%
WLDN	C	-0.0%
CVGI	F	-0.0%
EPSN	A	-0.0%
POWW	F	-0.0%
SBFG	A	-0.0%
CIX	D	-0.0%
MYFW	B	-0.0%
SSP	F	-0.0%
CZWI	A	-0.0%
RSVR	A	-0.0%
KTCC	B	-0.0%
FPH	C	-0.0%
INTT	C	-0.0%
ATLC	A	-0.0%
AXR	A	-0.0%
VEL	A	-0.0%
VCYT	B	-0.0%
ACDC	C	-0.0%
RIOT	C	-0.0%
MATV	F	-0.0%
EHTH	C	-0.0%
CHMG	B	-0.0%
FORR	C	-0.0%
QUAD	C	-0.0%
AVNW	F	-0.0%
NEXA	B	-0.0%
EVH	F	-0.0%
IBEX	A	-0.0%
CMTL	F	-0.0%
LFST	C	-0.0%
PNRG	A	-0.0%
CHGG	C	-0.0%
CRNC	F	-0.0%
SSYS	B	-0.0%
OLO	B	-0.0%
MVBF	C	-0.0%
KEQU	B	-0.0%
CNSL	B	-0.0%