DFAT vs. FLCV ETF Comparison

Comparison of Dimensional U.S. Targeted Value ETF (DFAT) to Trust Federated Hermes MDT Large Cap Value ETF (FLCV)

DFAT

Dimensional U.S. Targeted Value ETF

DFAT Description

The investment seeks to achieve long-term capital appreciation while minimizing federal income taxes on returns. As a non-fundamental policy, under normal circumstances, the fund will invest at least 80% of its net assets in securities of U.S. companies. The fund may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

Grade (RS Rating)

Last Trade

$60.18

Average Daily Volume

235,337

Number of Holdings ^*

1396

* may have additional holdings in another (foreign) market

FLCV

Trust Federated Hermes MDT Large Cap Value ETF

FLCV Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap and value investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.91

Average Daily Volume

2,185

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	DFAT	FLCV
30 Days	9.44%	5.48%
60 Days	8.94%	7.84%
90 Days	8.36%	10.69%
12 Months	31.01%

15 Overlapping Holdings

Symbol	Grade	Weight in DFAT	Weight in FLCV	Overlap
AA	B	0.33%	0.23%	0.23%
AAP	C	0.1%	0.62%	0.1%
AGCO	D	0.34%	0.1%	0.1%
BERY	B	0.23%	0.85%	0.23%
BPOP	B	0.37%	0.72%	0.37%
DTM	B	0.34%	0.13%	0.13%
DXC	B	0.19%	0.23%	0.19%
ELAN	D	0.2%	0.81%	0.2%
FMC	D	0.01%	0.54%	0.01%
GAP	C	0.3%	0.96%	0.3%
MAN	D	0.14%	0.55%	0.14%
PVH	C	0.34%	0.66%	0.34%
SNX	C	0.53%	0.07%	0.07%
TAP	C	0.4%	0.26%	0.26%
XRAY	F	0.08%	0.18%	0.08%

DFAT Overweight 1381 Positions Relative to FLCV

Symbol	Grade	Weight
UNM	A	0.71%
LAD	A	0.54%
WCC	B	0.53%
TMHC	B	0.53%
ALLY	C	0.52%
FHN	A	0.52%
JXN	C	0.51%
KNX	B	0.5%
OVV	B	0.5%
AR	B	0.49%
WBS	A	0.48%
MHK	D	0.47%
PNFP	B	0.46%
MLI	C	0.46%
WTFC	A	0.45%
TWLO	A	0.45%
CMC	B	0.45%
CMA	A	0.44%
AXS	A	0.44%
ZION	B	0.43%
SOFI	A	0.43%
X	C	0.43%
ARW	D	0.42%
SSB	B	0.42%
CNX	A	0.41%
SKYW	B	0.4%
PB	A	0.4%
MOS	F	0.39%
BWA	D	0.39%
IVZ	B	0.39%
DINO	D	0.38%
POST	C	0.38%
INGR	B	0.38%
JLL	D	0.38%
GPI	A	0.37%
COHR	B	0.37%
MTDR	B	0.37%
MTG	C	0.37%
JHG	A	0.36%
AGO	B	0.35%
ALK	C	0.35%
SNV	B	0.35%
ORI	A	0.35%
CADE	B	0.35%
BCC	B	0.34%
OZK	B	0.34%
ONB	B	0.34%
AVT	C	0.34%
BOKF	B	0.33%
FAF	A	0.33%
FNB	A	0.33%
JEF	A	0.33%
AL	B	0.32%
SJM	D	0.32%
IBOC	A	0.32%
FYBR	D	0.32%
THO	B	0.31%
UBSI	B	0.3%
GTES	A	0.3%
SM	B	0.3%
SANM	B	0.3%
WTM	A	0.3%
NOV	C	0.3%
PAG	B	0.3%
ABCB	B	0.3%
ESNT	D	0.29%
R	B	0.29%
RRX	B	0.29%
AX	A	0.29%
NXST	C	0.28%
TPH	D	0.28%
PLXS	B	0.28%
ASB	B	0.28%
ITGR	B	0.28%
TCBI	B	0.28%
MUR	D	0.28%
BIO	D	0.27%
LRN	A	0.27%
ABG	B	0.27%
ACA	A	0.27%
AN	C	0.27%
CNO	A	0.26%
LEA	D	0.26%
RUSHA	C	0.26%
CLF	F	0.26%
CEIX	A	0.26%
SIG	B	0.26%
CHRD	D	0.26%
HWC	B	0.26%
PRIM	A	0.26%
PR	B	0.25%
ABM	B	0.25%
ATGE	B	0.25%
CALM	A	0.24%
FLEX	A	0.24%
HOMB	A	0.24%
FBP	B	0.24%
OMF	A	0.24%
OLN	D	0.24%
FULT	A	0.24%
AEO	F	0.23%
GNW	A	0.23%
ESGR	B	0.23%
AUB	B	0.23%
DNB	B	0.23%
GHC	C	0.23%
HUBG	A	0.22%
GVA	A	0.22%
VTRS	A	0.22%
IPG	D	0.22%
PFSI	D	0.22%
HOG	D	0.22%
HHH	B	0.22%
TDS	B	0.22%
CRS	A	0.22%
CATY	B	0.22%
PBF	D	0.22%
WSFS	A	0.22%
KFY	B	0.22%
MCY	A	0.21%
UHAL	D	0.21%
CRC	B	0.21%
BTU	B	0.21%
ASH	D	0.21%
GMS	B	0.21%
CRK	B	0.21%
CVCO	A	0.21%
TRN	C	0.21%
AMR	C	0.2%
VLY	B	0.2%
DAR	C	0.2%
KMPR	B	0.2%
ESE	B	0.2%
M	D	0.2%
AROC	B	0.2%
NPO	A	0.2%
WAL	B	0.2%
URBN	C	0.2%
CNH	C	0.2%
SF	B	0.2%
PBH	A	0.2%
STNG	F	0.19%
LBRDK	C	0.19%
LBRT	D	0.19%
HUN	F	0.19%
REZI	A	0.19%
HL	D	0.19%
UCB	A	0.19%
MTX	B	0.18%
VOYA	B	0.18%
TGNA	B	0.18%
HP	B	0.18%
BC	C	0.18%
IOSP	B	0.18%
ARCH	B	0.18%
UNF	B	0.18%
GL	B	0.18%
PATK	D	0.18%
RIG	D	0.18%
RDN	C	0.18%
NNI	D	0.18%
CCS	D	0.18%
ENVA	B	0.18%
MATX	C	0.18%
UFPI	B	0.17%
ASO	F	0.17%
TTMI	B	0.17%
BFH	B	0.17%
COOP	B	0.17%
FFBC	A	0.17%
NMIH	D	0.17%
FHB	A	0.17%
CACI	D	0.17%
WAFD	B	0.17%
PRGO	B	0.17%
SNEX	B	0.16%
AMKR	D	0.16%
TEX	D	0.16%
CWK	B	0.16%
VCYT	B	0.16%
AIR	B	0.16%
TRMK	B	0.16%
BEN	C	0.16%
FIBK	A	0.16%
INSW	F	0.15%
NWL	B	0.15%
SON	D	0.15%
RNST	B	0.15%
FRME	B	0.15%
KEX	C	0.15%
APA	D	0.15%
CVBF	A	0.15%
SNDR	B	0.15%
SPB	C	0.15%
EMN	D	0.15%
SFNC	B	0.15%
ALIT	C	0.15%
BRBR	A	0.15%
GBX	A	0.15%
BANR	B	0.15%
NVST	B	0.15%
VAC	B	0.15%
ACIW	B	0.15%
HTLF	B	0.15%
ALG	B	0.15%
BHF	B	0.15%
OSK	B	0.15%
BKU	A	0.15%
ARCB	C	0.14%
PFGC	B	0.14%
CASH	A	0.14%
LCII	C	0.14%
AVNT	B	0.14%
KAR	B	0.14%
WSBC	A	0.14%
PRDO	B	0.14%
INDB	B	0.14%
STC	B	0.14%
TOWN	B	0.14%
NBTB	B	0.14%
DORM	B	0.14%
USM	B	0.14%
SMPL	B	0.14%
B	B	0.14%
PFS	B	0.14%
NWBI	B	0.14%
MTH	D	0.14%
NOG	A	0.14%
VSTO	A	0.14%
PPC	C	0.13%
MTRN	C	0.13%
NAVI	C	0.13%
ENOV	C	0.13%
WD	D	0.13%
DIOD	D	0.13%
CNXN	C	0.13%
ST	F	0.13%
MHO	D	0.13%
PPBI	B	0.13%
EFSC	B	0.13%
EPC	D	0.13%
JAZZ	B	0.13%
CDE	D	0.13%
WMK	C	0.13%
WERN	C	0.13%
GT	C	0.13%
IBTX	B	0.13%
ESI	A	0.13%
OFG	B	0.13%
LGIH	D	0.13%
AZTA	D	0.13%
FCF	A	0.13%
PSMT	C	0.13%
KMT	B	0.13%
FDP	B	0.12%
JBLU	F	0.12%
FUL	F	0.12%
MGNI	A	0.12%
THS	D	0.12%
WGO	C	0.12%
PLUS	F	0.12%
LAUR	A	0.12%
DNOW	B	0.12%
SEB	F	0.12%
USFD	A	0.12%
ZD	C	0.12%
VSH	D	0.12%
WKC	D	0.12%
MGY	A	0.12%
HLX	B	0.12%
HMN	B	0.12%
BG	F	0.12%
UMBF	B	0.12%
STRA	C	0.12%
FBK	B	0.12%
DHT	F	0.12%
CBU	B	0.12%
SEM	B	0.12%
LZB	B	0.12%
KN	B	0.12%
KBH	D	0.12%
PHIN	A	0.12%
G	B	0.12%
RRC	B	0.11%
ARMK	B	0.11%
BRC	D	0.11%
MRCY	B	0.11%
AMWD	C	0.11%
ENS	D	0.11%
CENTA	C	0.11%
PINC	B	0.11%
GEF	A	0.11%
GATX	A	0.11%
OSIS	B	0.11%
SFL	D	0.11%
ANDE	D	0.11%
ROCK	C	0.11%
EBC	B	0.11%
BHE	B	0.11%
SBCF	A	0.1%
SRCE	B	0.1%
WTTR	B	0.1%
AGIO	C	0.1%
APOG	B	0.1%
OI	C	0.1%
QCRH	A	0.1%
FBNC	A	0.1%
NHC	C	0.1%
KTOS	B	0.1%
UCTT	D	0.1%
CPA	D	0.1%
AGM	C	0.1%
NMRK	B	0.1%
UVV	B	0.1%
UAA	C	0.1%
CERT	F	0.1%
CUBI	C	0.1%
TROX	D	0.1%
SUPN	C	0.1%
LGND	B	0.1%
GPK	C	0.1%
FL	F	0.1%
WOR	F	0.1%
SPNT	A	0.1%
ADTN	A	0.09%
HOPE	B	0.09%
COTY	F	0.09%
BANC	A	0.09%
HCC	B	0.09%
UA	C	0.09%
INVA	D	0.09%
MLKN	D	0.09%
PLAB	C	0.09%
LKQ	D	0.09%
SLGN	A	0.09%
HRI	B	0.09%
NTCT	C	0.09%
LC	A	0.09%
MRTN	C	0.09%
ICFI	F	0.09%
KSS	F	0.09%
GIII	D	0.09%
SWI	B	0.09%
COLB	A	0.09%
CMRE	C	0.09%
TFIN	A	0.09%
HAYW	B	0.09%
IP	B	0.09%
CLVT	F	0.09%
EIG	B	0.09%
SAH	A	0.09%
NBHC	B	0.09%
VRTS	B	0.09%
GTLS	B	0.09%
ASGN	F	0.09%
WS	B	0.09%
TCBK	B	0.08%
ICUI	D	0.08%
MODG	F	0.08%
MIR	A	0.08%
ADNT	F	0.08%
SASR	B	0.08%
RUN	F	0.08%
CTS	C	0.08%
BHLB	B	0.08%
ROG	D	0.08%
SCL	C	0.08%
MAT	D	0.08%
UPBD	B	0.08%
LTH	C	0.08%
ACHC	F	0.08%
TALO	C	0.08%
SCSC	B	0.08%
MDU	D	0.08%
PDCO	D	0.08%
BUSE	B	0.08%
GPOR	B	0.08%
STBA	B	0.08%
XRX	F	0.07%
PLYA	B	0.07%
CTBI	B	0.07%
TKR	D	0.07%
UNFI	A	0.07%
NVEE	F	0.07%
MGRC	B	0.07%
IMKTA	C	0.07%
SCS	C	0.07%
NIC	B	0.07%
NEOG	F	0.07%
HTH	B	0.07%
VSEC	C	0.07%
CAL	D	0.07%
FOR	F	0.07%
CABO	C	0.07%
RAMP	C	0.07%
ATSG	B	0.07%
LPG	F	0.07%
LILAK	D	0.07%
MMI	B	0.07%
DDS	B	0.07%
CIVI	D	0.07%
SAFT	C	0.07%
ECPG	B	0.07%
HI	C	0.07%
DK	C	0.07%
GO	C	0.07%
IART	C	0.07%
MSGE	F	0.07%
SXC	A	0.07%
BXC	B	0.07%
BDC	B	0.07%
VBTX	B	0.07%
KLIC	B	0.07%
KWR	C	0.07%
DCOM	A	0.06%
KALU	C	0.06%
OXM	D	0.06%
VC	D	0.06%
PRK	B	0.06%
NTB	B	0.06%
OCFC	B	0.06%
CRI	D	0.06%
CMCO	B	0.06%
IPGP	D	0.06%
AZZ	B	0.06%
VECO	F	0.06%
OC	A	0.06%
DGII	B	0.06%
WHR	B	0.06%
DXPE	B	0.06%
PFBC	B	0.06%
CRGY	B	0.06%
AOSL	C	0.06%
SXT	B	0.06%
MRC	B	0.06%
PEBO	A	0.06%
CNXC	F	0.06%
SCVL	F	0.06%
AIN	C	0.06%
SAM	C	0.06%
ESAB	B	0.06%
AMED	F	0.06%
RIOT	C	0.06%
XPRO	F	0.06%
RES	D	0.06%
WLFC	B	0.06%
COHU	C	0.06%
CVI	F	0.06%
ADUS	D	0.06%
DAN	D	0.06%
TPC	C	0.06%
SONO	C	0.05%
GABC	B	0.05%
HURN	B	0.05%
ACT	D	0.05%
MD	B	0.05%
BRKL	B	0.05%
GSBC	B	0.05%
GNK	D	0.05%
TRST	A	0.05%
AXL	C	0.05%
ETD	C	0.05%
ODP	F	0.05%
UVSP	B	0.05%
BECN	B	0.05%
FSLY	D	0.05%
AHCO	F	0.05%
OMI	F	0.05%
ECVT	C	0.05%
PRLB	A	0.05%
CARS	B	0.05%
NX	C	0.05%
DVAX	C	0.05%
TMP	B	0.05%
FBMS	B	0.05%
GRBK	D	0.05%
HSTM	B	0.05%
LOB	B	0.05%
CNOB	B	0.05%
PFC	A	0.05%
ASTE	B	0.05%
JNPR	F	0.05%
HTLD	B	0.05%
TDW	F	0.05%
BJRI	B	0.05%
SCHL	D	0.05%
FA	C	0.05%
BY	B	0.05%
ORA	B	0.05%
SXI	B	0.05%
KOS	F	0.05%
REX	D	0.05%
GES	F	0.05%
PUMP	B	0.05%
AMAL	B	0.05%
ICHR	C	0.05%
SGRY	F	0.05%
ALGT	B	0.05%
BV	B	0.05%
VAL	D	0.05%
JBT	B	0.05%
BELFB	C	0.05%
TRS	B	0.05%
TILE	B	0.05%
RUSHB	B	0.05%
THR	B	0.05%
HSII	B	0.05%
MBIN	D	0.05%
VTOL	B	0.05%
DCO	C	0.05%
RNR	C	0.05%
HNI	B	0.05%
NAT	F	0.04%
HOV	D	0.04%
CSTL	D	0.04%
HGV	B	0.04%
RBCAA	B	0.04%
HZO	D	0.04%
OLO	B	0.04%
MSM	C	0.04%
CNDT	C	0.04%
KRO	D	0.04%
ATLC	B	0.04%
TIPT	B	0.04%
UVE	B	0.04%
KOP	C	0.04%
MSBI	B	0.04%
AMRK	F	0.04%
SBSI	B	0.04%
PRAA	C	0.04%
BZH	B	0.04%
CCBG	B	0.04%
JELD	F	0.04%
AGX	B	0.04%
DLX	B	0.04%
MNRO	D	0.04%
HAFC	A	0.04%
NEO	C	0.04%
SW	A	0.04%
MBWM	B	0.04%
HBNC	B	0.04%
PRA	C	0.04%
RYI	C	0.04%
IBCP	B	0.04%
AVNS	F	0.04%
MATW	C	0.04%
FCBC	B	0.04%
ASIX	A	0.04%
OEC	C	0.04%
PCRX	C	0.04%
SPTN	D	0.04%
OSBC	A	0.04%
DAKT	B	0.04%
TDOC	C	0.04%
BMBL	C	0.04%
DV	C	0.04%
MBUU	C	0.04%
NAPA	B	0.04%
NR	B	0.04%
HAYN	C	0.04%
EGBN	B	0.04%
MLR	B	0.04%
SLVM	B	0.04%
KW	B	0.04%
CFFN	B	0.04%
NTGR	B	0.04%
MTUS	C	0.04%
CAG	D	0.04%
CZR	F	0.04%
HELE	C	0.04%
VIAV	B	0.04%
SWBI	C	0.04%
EYE	C	0.04%
VTLE	C	0.04%
YELP	C	0.04%
GRC	A	0.04%
WNC	C	0.04%
TRIP	F	0.04%
HFWA	B	0.04%
GLDD	B	0.04%
CPRI	F	0.04%
HLIO	B	0.04%
CPF	A	0.04%
SMP	B	0.04%
EQBK	A	0.04%
LIVN	F	0.04%
EZPW	A	0.04%
VRNT	C	0.04%
GBCI	B	0.03%
SMBC	B	0.03%
BHB	B	0.03%
OSW	A	0.03%
GLRE	B	0.03%
LEG	F	0.03%
KE	C	0.03%
CENT	C	0.03%
ACCO	C	0.03%
MCB	B	0.03%
LOCO	D	0.03%
FLGT	F	0.03%
UTI	A	0.03%
DOLE	D	0.03%
HNRG	B	0.03%
BAND	B	0.03%
ANET	C	0.03%
RBBN	C	0.03%
LOVE	B	0.03%
FWRG	C	0.03%
AMTB	B	0.03%
CHCO	B	0.03%
CSV	B	0.03%
EBF	F	0.03%
IIIN	C	0.03%
NPK	B	0.03%
VMEO	B	0.03%
SBH	C	0.03%
HCSG	C	0.03%
NVRI	F	0.03%
CHEF	A	0.03%
LBRDA	C	0.03%
CLNE	D	0.03%
CECO	A	0.03%
ATKR	C	0.03%
VFC	C	0.03%
BKD	D	0.03%
NFBK	B	0.03%
AIZ	A	0.03%
ALV	C	0.03%
THFF	B	0.03%
HONE	B	0.03%
NGVT	B	0.03%
NGVC	A	0.03%
NBN	B	0.03%
IAS	C	0.03%
NJR	A	0.03%
MCS	B	0.03%
RDUS	C	0.03%
DNUT	D	0.03%
EVH	F	0.03%
FMBH	B	0.03%
ASC	F	0.03%
CFB	B	0.03%
GXO	B	0.03%
OMCL	C	0.03%
PGC	C	0.03%
MYRG	B	0.03%
SNCY	C	0.03%
OBK	B	0.03%
THRM	D	0.03%
MATV	D	0.03%
HTBK	A	0.03%
EWBC	A	0.03%
CAC	B	0.03%
RYAM	C	0.03%
AMBC	C	0.03%
VREX	C	0.03%
PII	D	0.03%
PLPC	B	0.03%
APTV	D	0.03%
REVG	B	0.03%
UFCS	B	0.03%
RPAY	D	0.03%
NWPX	A	0.03%
ETWO	F	0.03%
LE	D	0.02%
FMNB	B	0.02%
HTBI	B	0.02%
VPG	D	0.02%
CRMT	C	0.02%
INBK	B	0.02%
AMG	B	0.02%
AMCX	C	0.02%
JOUT	D	0.02%
FNLC	B	0.02%
WSBF	C	0.02%
ATNI	F	0.02%
GPRE	F	0.02%
BH	B	0.02%
WLDN	D	0.02%
MOV	C	0.02%
TRUE	B	0.02%
SFST	B	0.02%
TITN	C	0.02%
RGP	F	0.02%
OSUR	F	0.02%
VIR	D	0.02%
FLWS	F	0.02%
HOFT	C	0.02%
ORN	C	0.02%
CXT	B	0.02%
RGNX	F	0.02%
BHRB	B	0.02%
BMRC	B	0.02%
RICK	C	0.02%
CNMD	C	0.02%
CIVB	B	0.02%
SPFI	B	0.02%
BFST	C	0.02%
APEI	B	0.02%
FNKO	D	0.02%
CLBK	B	0.02%
HTZ	C	0.02%
WEYS	C	0.02%
BOH	B	0.02%
AMPS	C	0.02%
MCFT	B	0.02%
BBW	B	0.02%
TFSL	A	0.02%
RBB	B	0.02%
TBI	F	0.02%
MTRX	B	0.02%
PYCR	C	0.02%
GCI	D	0.02%
IPI	B	0.02%
RLGT	A	0.02%
GNE	D	0.02%
NBR	C	0.02%
WABC	B	0.02%
TWI	F	0.02%
BRY	F	0.02%
MTW	C	0.02%
SWK	D	0.02%
GTN	F	0.02%
CENX	B	0.02%
PACK	B	0.02%
PLOW	D	0.02%
PAHC	C	0.02%
DJCO	B	0.02%
WASH	C	0.02%
FFWM	C	0.02%
METC	C	0.02%
WTBA	B	0.02%
CARE	C	0.02%
VLGEA	B	0.02%
SIRI	C	0.02%
GEF	A	0.02%
SENEA	B	0.02%
SEG	B	0.02%
CCNE	B	0.02%
SMBK	B	0.02%
DSGR	D	0.02%
VSTS	C	0.02%
HY	D	0.02%
MITK	C	0.02%
FBIZ	B	0.02%
UHS	D	0.02%
CEVA	B	0.02%
HCAT	D	0.02%
JBI	F	0.02%
LGF.A	C	0.02%
SYBT	B	0.02%
USAP	B	0.02%
PRM	C	0.02%
UNTY	B	0.02%
FLXS	B	0.02%
FISI	A	0.02%
DGICA	A	0.02%
OPEN	D	0.02%
AROW	B	0.02%
HRTG	C	0.02%
GCO	B	0.02%
FFIC	B	0.02%
ODC	C	0.02%
BOC	C	0.02%
AVO	C	0.02%
ITIC	B	0.02%
NRIM	A	0.02%
GDOT	D	0.02%
ULH	B	0.02%
SHEN	F	0.02%
NGS	B	0.02%
HVT	D	0.02%
CVGW	D	0.02%
WRLD	C	0.02%
HAIN	C	0.02%
PTVE	B	0.02%
SKX	D	0.02%
MERC	F	0.02%
CALX	D	0.02%
TRC	F	0.02%
ANIP	F	0.02%
GDYN	B	0.02%
SYNA	C	0.02%
MGPI	F	0.02%
BSRR	B	0.02%
SHBI	A	0.02%
PUBM	C	0.02%
ZUMZ	C	0.02%
LYTS	B	0.02%
ORRF	B	0.02%
KELYA	F	0.02%
ZEUS	C	0.02%
USNA	C	0.02%
AORT	B	0.02%
FARO	B	0.02%
HWKN	B	0.02%
MP	B	0.02%
BGS	F	0.02%
MOFG	A	0.02%
FRPH	A	0.02%
CLW	F	0.02%
KRNY	B	0.02%
ESCA	C	0.01%
TTGT	C	0.01%
ALLO	F	0.01%
CCCC	F	0.01%
ARCT	F	0.01%
WOW	B	0.01%
FONR	D	0.01%
SPOK	C	0.01%
HWBK	B	0.01%
IBEX	B	0.01%
HBT	B	0.01%
MXL	C	0.01%
KOD	C	0.01%
IVAC	D	0.01%
SNFCA	B	0.01%
MLNK	B	0.01%
IMMR	C	0.01%
GAMB	A	0.01%
CYRX	F	0.01%
KEQU	C	0.01%
ULBI	F	0.01%
LASR	D	0.01%
GEOS	C	0.01%
GIFI	C	0.01%
AXR	B	0.01%
CZWI	A	0.01%
GDEN	B	0.01%
LCUT	F	0.01%
PARA	C	0.01%
CRBU	F	0.01%
GHM	A	0.01%
ALTG	C	0.01%
AOUT	A	0.01%
BALY	C	0.01%
CHMG	B	0.01%
UBFO	A	0.01%
NTIC	C	0.01%
SSP	F	0.01%
ESQ	A	0.01%
BELFA	D	0.01%
CBNK	B	0.01%
GRNT	B	0.01%
TWIN	F	0.01%
CIFR	B	0.01%
MPAA	C	0.01%
ELMD	A	0.01%
PHX	A	0.01%
PPIH	B	0.01%
EHTH	C	0.01%
ISTR	B	0.01%
PNRG	B	0.01%
TASK	C	0.01%
TTSH	D	0.01%
TNC	D	0.01%
NECB	B	0.01%
AMPH	D	0.01%
RNA	D	0.01%
MCBS	B	0.01%
CLAR	D	0.01%
NOVA	F	0.01%
TR	B	0.01%
PCB	A	0.01%
BBCP	C	0.01%
FNWB	C	0.01%
PTLO	F	0.01%
TLYS	F	0.01%
HII	D	0.01%
NNBR	C	0.01%
UEIC	C	0.01%
HBB	F	0.01%
AESI	B	0.01%
NUVB	C	0.01%
VYGR	F	0.01%
ARKO	C	0.01%
VYX	B	0.01%
BFIN	B	0.01%
MCRI	A	0.01%
AE	B	0.01%
VRA	F	0.01%
EVBN	B	0.01%
III	C	0.01%
MG	D	0.01%
GSM	D	0.01%
RCKY	F	0.01%
NATR	C	0.01%
PRG	C	0.01%
ACCD	D	0.01%
BSET	B	0.01%
RGA	A	0.01%
OPBK	B	0.01%
HURC	C	0.01%
BLDE	D	0.01%
BWFG	A	0.01%
CRNC	C	0.01%
PFIS	A	0.01%
KEY	B	0.01%
FET	D	0.01%
DBRG	F	0.01%
CTRN	D	0.01%
MX	F	0.01%
STRT	B	0.01%
BOOM	F	0.01%
RVSB	B	0.01%
ASUR	C	0.01%
STRS	B	0.01%
KIDS	D	0.01%
RMAX	C	0.01%
BILL	A	0.01%
SRI	F	0.01%
OPY	B	0.01%
CDNA	D	0.01%
MMS	F	0.01%
HEES	B	0.01%
CBAN	B	0.01%
REYN	D	0.01%
UTMD	F	0.01%
SMHI	F	0.01%
LSEA	D	0.01%
MLAB	D	0.01%
PENN	C	0.01%
VIRC	B	0.01%
EML	D	0.01%
EDIT	F	0.01%
USPH	B	0.01%
WNEB	A	0.01%
VSAT	F	0.01%
REPX	A	0.01%
PGNY	F	0.01%
CHGG	D	0.01%
ALCO	D	0.01%
FRBA	C	0.01%
EPM	A	0.01%
SFIX	B	0.01%
TBRG	B	0.01%
NC	B	0.01%
FUNC	A	0.01%
OABI	F	0.01%
FIVE	F	0.01%
LGTY	D	0.01%
ALRS	D	0.01%
SHYF	C	0.01%
PKE	B	0.01%
ACLS	F	0.01%
OPCH	D	0.01%
LAKE	B	0.01%
ANIK	F	0.01%
CVEO	F	0.01%
ASPN	F	0.01%
BCML	A	0.01%
BCBP	A	0.01%
FATE	F	0.01%
QUAD	C	0.01%
BLFY	B	0.01%
HIFS	B	0.01%
EVC	C	0.01%
JJSF	B	0.01%
RELL	B	0.01%
DBI	F	0.01%
OSPN	A	0.01%
PKBK	A	0.01%
ACNB	B	0.01%
CNSL	C	0.01%
SWIM	C	0.01%
WOOF	D	0.01%
MCW	B	0.01%
FF	D	0.01%
RLAY	F	0.01%
LXFR	C	0.01%
QTRX	F	0.01%
OFIX	B	0.01%
TG	D	0.01%
PANL	F	0.01%
FLIC	B	0.01%
GMED	A	0.01%
CGEM	F	0.01%
DH	D	0.01%
CCB	A	0.01%
LXU	B	0.01%
CPSS	B	0.01%
LGF.A	C	0.01%
VOXX	C	0.01%
SMLR	B	0.01%
QNST	B	0.01%
MEI	D	0.01%
ACTG	D	0.01%
ALKS	B	0.01%
ADV	D	0.01%
BANF	B	0.01%
CE	F	0.01%
PARR	D	0.01%
ZIMV	D	0.01%
ORGO	B	0.01%
LEGH	D	0.01%
SGC	C	0.01%
CFFI	B	0.01%
THRY	F	0.01%
AMRC	F	0.01%
LNN	B	0.01%
FSBW	B	0.01%
NUS	D	0.01%
BWB	B	0.01%
KODK	B	0.01%
CRSR	C	0.01%
HDSN	F	0.01%
ANGO	D	0.01%
MYE	F	0.01%
ATRO	D	0.01%
OIS	C	0.01%
RNGR	B	0.01%
CCRN	F	0.01%
GENC	B	0.01%
EBTC	B	0.01%
ONTF	C	0.01%
AMN	F	0.01%
MEC	D	0.01%
AVD	D	0.01%
VNDA	C	0.01%
CZNC	B	0.01%
PKOH	B	0.01%
SD	D	0.01%
FRST	B	0.01%
MPB	B	0.01%
ONEW	D	0.01%
FIGS	F	0.01%
CTOS	C	0.01%
JAKK	C	0.01%
TSBK	B	0.01%
LFST	C	0.01%
LINC	B	0.01%
RM	D	0.01%
ITOS	F	0.01%
HBCP	B	0.01%
FFNW	C	0.01%
FSTR	B	0.01%
GNTY	A	0.01%
AMPY	C	0.01%
CLSK	C	0.01%
EGY	D	0.01%
LILA	D	0.01%
DFH	D	0.01%
CMP	C	0.01%
TCMD	A	0.01%
XERS	B	0.0%
ICD	F	0.0%
CHCI	D	0.0%
CVV	F	0.0%
HFBL	D	0.0%
RBKB	B	0.0%
AWX	C	0.0%
STAA	F	0.0%
ELSE	B	0.0%
MFIN	C	0.0%
IROQ	B	0.0%
WMPN	A	0.0%
NHTC	F	0.0%
CKX	F	0.0%
ABOS	F	0.0%
OPOF	A	0.0%
ACIC	B	0.0%
FUSB	A	0.0%
SLNG	B	0.0%
ACIU	C	0.0%
HOWL	F	0.0%
SSBI	F	0.0%
VTYX	F	0.0%
EDUC	F	0.0%
PEPG	F	0.0%
LTRN	F	0.0%
PALT	F	0.0%
LIVE	F	0.0%
WVVI	F	0.0%
PFMT	D	0.0%
UTZ	D	0.0%
BRBS	B	0.0%
CODA	B	0.0%
ACRV	F	0.0%
QIPT	F	0.0%
WHLM	D	0.0%
OBT	C	0.0%
FCAP	D	0.0%
PRLD	F	0.0%
EVI	C	0.0%
TLF	D	0.0%
PMCB	F	0.0%
ORMP	D	0.0%
AAME	D	0.0%
CARV	F	0.0%
HVT	D	0.0%
COHN	B	0.0%
AMS	C	0.0%
GROW	F	0.0%
NRDS	C	0.0%
SKLZ	D	0.0%
AUBN	B	0.0%
NCSM	C	0.0%
PBHC	B	0.0%
GTN.A	D	0.0%
MTEX	B	0.0%
DDD	C	0.0%
CFBK	C	0.0%
BRID	D	0.0%
JVA	B	0.0%
BIOX	F	0.0%
ABSI	F	0.0%
HHS	F	0.0%
LSBK	A	0.0%
DTST	D	0.0%
CRWS	D	0.0%
TAIT	F	0.0%
UPLD	C	0.0%
RDIB	F	0.0%
UONEK	F	0.0%
ATHA	D	0.0%
SIF	D	0.0%
OPHC	C	0.0%
UBCP	C	0.0%
RMBI	A	0.0%
UONE	F	0.0%
OCC	F	0.0%
UNB	A	0.0%
PRTS	C	0.0%
FXNC	C	0.0%
CNTY	B	0.0%
FKWL	D	0.0%
HNNA	C	0.0%
RFL	D	0.0%
FLO	D	0.0%
SGMA	F	0.0%
GBIO	F	0.0%
TNYA	C	0.0%
BCAB	F	0.0%
CVR	C	0.0%
NSYS	F	0.0%
ICCC	D	0.0%
TRT	B	0.0%
CPIX	F	0.0%
SGRP	D	0.0%
ORIC	F	0.0%
LSF	C	0.0%
SLQT	C	0.0%
MXC	D	0.0%
NTWK	F	0.0%
KRT	A	0.0%
ISSC	B	0.0%
PDEX	B	0.0%
RZLT	C	0.0%
STRO	F	0.0%
STHO	F	0.0%
ALGM	D	0.0%
ZDGE	F	0.0%
BOTJ	B	0.0%
JBSS	D	0.0%
HPK	B	0.0%
FNWD	D	0.0%
DIT	F	0.0%
RCMT	C	0.0%
HSON	D	0.0%
JRSH	B	0.0%
BDTX	F	0.0%
CROX	D	0.0%
SFBC	B	0.0%
NKTX	F	0.0%
INFU	B	0.0%
AFBI	B	0.0%
GTIM	F	0.0%
GDRX	F	0.0%
RAPT	F	0.0%
LGL	C	0.0%
FINW	A	0.0%
SVT	D	0.0%
COFS	A	0.0%
CZFS	B	0.0%
CBFV	A	0.0%
FRAF	A	0.0%
BCOV	A	0.0%
HEAR	C	0.0%
ENZ	F	0.0%
PFIE	A	0.0%
REPL	B	0.0%
OLPX	D	0.0%
PYXS	D	0.0%
FLL	D	0.0%
ETNB	C	0.0%
SSTI	C	0.0%
AWRE	F	0.0%
METCB	D	0.0%
FORM	D	0.0%
SND	B	0.0%
ZI	D	0.0%
APT	D	0.0%
FSBC	B	0.0%
FPH	C	0.0%
DGICB	C	0.0%
FTK	B	0.0%
INDI	C	0.0%
TACT	F	0.0%
MNTK	F	0.0%
FSFG	A	0.0%
AEIS	B	0.0%
LUNA	D	0.0%
CMLS	F	0.0%
AXTI	F	0.0%
BWEN	F	0.0%
NAII	F	0.0%
DSGN	C	0.0%
TAYD	D	0.0%
MNSB	C	0.0%
SBFG	A	0.0%
MHH	B	0.0%
SWKH	F	0.0%
EBMT	A	0.0%
HFFG	C	0.0%
TSVT	F	0.0%
LARK	A	0.0%
INVE	C	0.0%
PBFS	B	0.0%
PETS	C	0.0%
WYY	B	0.0%
OVBC	A	0.0%
DAIO	C	0.0%
MGYR	B	0.0%
RFIL	B	0.0%
BFC	B	0.0%
STKS	F	0.0%
MBCN	B	0.0%
SENEB	A	0.0%
VABK	C	0.0%
XNCR	B	0.0%
CXDO	C	0.0%
AP	F	0.0%
BSVN	B	0.0%
GSIT	D	0.0%
ESOA	A	0.0%
NEXA	C	0.0%
CPB	D	0.0%
OOMA	B	0.0%
SLP	D	0.0%
DIBS	F	0.0%
CPHC	C	0.0%
UHAL	D	0.0%
VEL	A	0.0%
MRAM	D	0.0%
PBYI	C	0.0%
FARM	C	0.0%
COLM	B	0.0%
MYPS	C	0.0%
TSQ	D	0.0%
CIX	D	0.0%
MRBK	A	0.0%
PLRX	F	0.0%
OB	C	0.0%
COOK	D	0.0%
ARKR	F	0.0%
SSBK	B	0.0%
EVCM	B	0.0%
SATS	D	0.0%
CIA	B	0.0%
FCCO	B	0.0%
POWW	F	0.0%
MPX	B	0.0%
DHX	F	0.0%
OVLY	A	0.0%
NKSH	B	0.0%
VTSI	C	0.0%
TRDA	B	0.0%
NL	B	0.0%
NWFL	C	0.0%
NABL	F	0.0%
EBS	C	0.0%
RSVR	A	0.0%
DOUG	B	0.0%
ENTA	F	0.0%
ERAS	C	0.0%
MUX	F	0.0%
CSPI	C	0.0%
BDL	F	0.0%
SKWD	A	0.0%
NODK	A	0.0%
GLUE	C	0.0%
SRTS	B	0.0%
BCAL	B	0.0%
MASS	F	0.0%
HLIT	D	0.0%
AC	C	0.0%
TWST	D	0.0%
ASRV	B	0.0%
SBT	C	0.0%
SAGE	F	0.0%
SCWX	B	0.0%
EGAN	C	0.0%
TERN	F	0.0%
CVGI	F	0.0%
TLS	F	0.0%
PEBK	B	0.0%
FVCB	B	0.0%
DLHC	F	0.0%
OPRX	F	0.0%
BGSF	F	0.0%
GATO	D	0.0%
CMTL	F	0.0%
LCNB	A	0.0%
OPRT	C	0.0%
CULP	D	0.0%
SLM	A	0.0%
ASLE	C	0.0%
SPWH	F	0.0%
PVBC	B	0.0%
PL	A	0.0%
CTKB	C	0.0%
VERV	F	0.0%
LNSR	B	0.0%
ATLO	D	0.0%
FG	B	0.0%
SIGA	F	0.0%
ALTO	F	0.0%
MNTX	C	0.0%
NTLA	F	0.0%
WHG	B	0.0%
VICR	B	0.0%
SSTK	F	0.0%
CMT	D	0.0%
ANGI	D	0.0%
MEG	F	0.0%
RRBI	A	0.0%
SSYS	C	0.0%
BWMN	C	0.0%
FORR	D	0.0%
TUSK	D	0.0%
SUM	B	0.0%
FMAO	B	0.0%
FULC	F	0.0%
MYFW	B	0.0%
ESP	C	0.0%
GAIA	A	0.0%
TTI	C	0.0%
KTCC	C	0.0%
KVHI	B	0.0%
LTRX	F	0.0%
AGM	C	0.0%
ARC	A	0.0%
MVBF	B	0.0%
CATO	D	0.0%
CDLX	D	0.0%
JRVR	F	0.0%
SGA	F	0.0%
EGHT	C	0.0%
DXLG	F	0.0%
QRHC	D	0.0%
FEIM	B	0.0%
NATL	B	0.0%
RMR	F	0.0%
LMNR	B	0.0%
GPRO	F	0.0%
INGN	C	0.0%
TCBX	A	0.0%
TBNK	B	0.0%
ESSA	B	0.0%
CLFD	D	0.0%
PROV	C	0.0%
GRWG	F	0.0%
CPS	C	0.0%
ACU	B	0.0%
ASYS	D	0.0%
PLBC	A	0.0%
FRD	D	0.0%
HMST	D	0.0%
KNF	A	0.0%
PWOD	A	0.0%
DLTH	D	0.0%
RGR	F	0.0%
AVNW	F	0.0%
ALOT	C	0.0%
CF	B	0.0%
MGM	D	0.0%
NATH	C	0.0%
INTT	C	0.0%
EPSN	B	0.0%
HBIO	F	0.0%
UFI	F	0.0%

DFAT Underweight 105 Positions Relative to FLCV

Symbol	Grade	Weight
VLTO	D	-2.54%
PRU	A	-2.52%
AMP	A	-2.5%
GDDY	A	-2.48%
PM	B	-2.44%
JNJ	D	-2.32%
IBKR	A	-2.24%
ABBV	D	-2.06%
GEV	B	-2.01%
KMB	D	-1.9%
TRV	B	-1.84%
FTNT	C	-1.82%
GILD	C	-1.65%
EXC	C	-1.63%
EOG	A	-1.57%
LNG	B	-1.5%
STT	A	-1.49%
PGR	A	-1.47%
BK	A	-1.47%
ALSN	B	-1.47%
OTIS	C	-1.43%
CL	D	-1.4%
PPG	F	-1.35%
HPE	B	-1.3%
TT	A	-1.29%
APP	B	-1.28%
EA	A	-1.27%
NTNX	A	-1.27%
SLG	B	-1.26%
UNP	C	-1.22%
SBAC	D	-1.22%
HIG	B	-1.18%
ICE	C	-1.18%
SN	D	-1.16%
KR	B	-1.16%
NTRS	A	-1.14%
KRC	C	-1.13%
ZM	B	-1.12%
UNH	C	-1.1%
TDG	D	-1.08%
WM	A	-1.07%
JPM	A	-0.99%
INCY	C	-0.94%
AON	A	-0.88%
BRK.A	B	-0.87%
ILMN	D	-0.86%
CMCSA	B	-0.86%
WFC	A	-0.85%
MPC	D	-0.83%
DVN	F	-0.83%
CAT	B	-0.82%
QCOM	F	-0.82%
NEM	D	-0.78%
ABT	B	-0.76%
CVX	A	-0.75%
RCL	A	-0.74%
PEP	F	-0.73%
AMGN	D	-0.68%
T	A	-0.59%
VST	B	-0.56%
ED	D	-0.55%
CAH	B	-0.52%
NUE	C	-0.48%
TJX	A	-0.46%
PSX	C	-0.46%
EBAY	D	-0.45%
WEC	A	-0.42%
ELV	F	-0.41%
CRBG	B	-0.37%
BIIB	F	-0.34%
CI	F	-0.33%
CNC	D	-0.32%
FNF	B	-0.32%
ZTS	D	-0.32%
GE	D	-0.31%
OMC	C	-0.3%
TFX	F	-0.27%
NTAP	C	-0.27%
IBM	C	-0.26%
REGN	F	-0.25%
ETN	A	-0.23%
HUM	C	-0.22%
CEG	D	-0.2%
PNR	A	-0.18%
GLPI	C	-0.18%
NOC	D	-0.16%
PAYC	B	-0.16%
MRK	F	-0.16%
MCD	D	-0.16%
GM	B	-0.15%
VZ	C	-0.15%
EIX	B	-0.15%
PFG	D	-0.14%
UAL	A	-0.12%
DUK	C	-0.11%
HCA	F	-0.1%
ACGL	D	-0.09%
FTI	A	-0.08%
DIS	B	-0.05%
CHRW	C	-0.05%
LDOS	C	-0.05%
MMM	D	-0.04%
QRVO	F	-0.03%
TGT	F	-0.03%
ALNY	D	-0.03%