FAB vs. AVUV ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to Avantis U.S. Small Cap Value ETF (AVUV)

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.78

Average Daily Volume

2,522

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

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

$102.77

Average Daily Volume

777,280

Number of Holdings ^*

717

* may have additional holdings in another (foreign) market

Performance

Period	FAB	AVUV
30 Days	4.66%	7.10%
60 Days	4.71%	7.60%
90 Days	4.92%	7.64%
12 Months	25.88%	30.52%

219 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in AVUV	Overlap
AAP	D	0.18%	0.2%	0.18%
ABCB	B	0.1%	0.24%	0.1%
AEO	F	0.11%	0.54%	0.11%
AGO	B	0.25%	0.45%	0.25%
AIN	C	0.02%	0.0%	0.0%
AL	B	0.23%	0.8%	0.23%
ALIT	C	0.05%	0.08%	0.05%
ALK	B	0.15%	0.9%	0.15%
ALKS	C	0.09%	0.39%	0.09%
AMKR	D	0.15%	0.07%	0.07%
AMR	C	0.22%	0.46%	0.22%
ANDE	D	0.09%	0.29%	0.09%
ARCB	C	0.08%	0.36%	0.08%
ASB	B	0.06%	0.27%	0.06%
ASH	F	0.12%	0.04%	0.04%
ASO	F	0.18%	0.24%	0.18%
ATKR	D	0.23%	0.37%	0.23%
AVT	C	0.17%	0.51%	0.17%
AXS	A	0.14%	0.39%	0.14%
BANR	B	0.09%	0.28%	0.09%
BCC	B	0.17%	0.83%	0.17%
BFH	C	0.15%	0.42%	0.15%
BHE	C	0.05%	0.28%	0.05%
BHF	C	0.03%	0.45%	0.03%
BHLB	B	0.03%	0.1%	0.03%
BKE	B	0.08%	0.23%	0.08%
BKU	A	0.08%	0.35%	0.08%
BPOP	C	0.04%	0.21%	0.04%
BTU	B	0.13%	0.54%	0.13%
BUSE	B	0.08%	0.16%	0.08%
BY	B	0.12%	0.1%	0.1%
CABO	B	0.14%	0.12%	0.12%
CAL	F	0.11%	0.19%	0.11%
CASH	B	0.09%	0.25%	0.09%
CATY	B	0.09%	0.42%	0.09%
CC	C	0.02%	0.17%	0.02%
CENTA	C	0.1%	0.22%	0.1%
CIVI	D	0.22%	0.2%	0.2%
CLF	F	0.15%	0.04%	0.04%
CMA	B	0.1%	0.02%	0.02%
CMC	B	0.23%	0.22%	0.22%
CNO	B	0.19%	0.58%	0.19%
CNX	A	0.25%	0.78%	0.25%
CNXN	C	0.02%	0.11%	0.02%
COLB	B	0.15%	0.5%	0.15%
COLM	C	0.09%	0.37%	0.09%
CRC	A	0.1%	0.72%	0.1%
CRGY	B	0.13%	0.27%	0.13%
CRI	F	0.06%	0.28%	0.06%
CRK	B	0.09%	0.22%	0.09%
CUBI	B	0.15%	0.23%	0.15%
CVBF	A	0.09%	0.04%	0.04%
CVI	F	0.1%	0.07%	0.07%
DAN	D	0.08%	0.2%	0.08%
DDS	B	0.19%	0.06%	0.06%
DIOD	D	0.07%	0.16%	0.07%
DNOW	B	0.14%	0.11%	0.11%
DXC	B	0.18%	0.69%	0.18%
EBC	B	0.11%	0.03%	0.03%
EFSC	B	0.08%	0.25%	0.08%
EIG	B	0.14%	0.15%	0.14%
ENS	F	0.12%	0.26%	0.12%
ESNT	F	0.19%	0.22%	0.19%
FBK	C	0.03%	0.03%	0.03%
FBNC	B	0.06%	0.02%	0.02%
FCF	B	0.08%	0.2%	0.08%
FDP	B	0.03%	0.15%	0.03%
FFBC	B	0.11%	0.02%	0.02%
FIBK	B	0.08%	0.02%	0.02%
FIVE	F	0.09%	0.02%	0.02%
FNB	A	0.15%	0.31%	0.15%
FOR	F	0.11%	0.09%	0.09%
FRME	B	0.09%	0.11%	0.09%
FULT	A	0.08%	0.33%	0.08%
GBX	A	0.16%	0.33%	0.16%
GES	F	0.1%	0.09%	0.09%
GHC	B	0.11%	0.02%	0.02%
GIC	D	0.02%	0.0%	0.0%
GIII	D	0.13%	0.23%	0.13%
GNW	A	0.03%	0.27%	0.03%
GPOR	B	0.13%	0.05%	0.05%
GPRE	F	0.02%	0.03%	0.02%
GRBK	D	0.06%	0.03%	0.03%
GT	C	0.13%	0.51%	0.13%
HCC	B	0.22%	0.64%	0.22%
HMN	B	0.06%	0.01%	0.01%
HOG	D	0.18%	0.58%	0.18%
HOPE	C	0.08%	0.17%	0.08%
HOV	D	0.1%	0.08%	0.08%
HP	C	0.24%	0.51%	0.24%
HRI	C	0.18%	0.88%	0.18%
HTH	C	0.05%	0.06%	0.05%
HTZ	C	0.15%	0.04%	0.04%
HUBG	A	0.08%	0.39%	0.08%
HWC	B	0.1%	0.52%	0.1%
HY	D	0.08%	0.07%	0.07%
IMKTA	C	0.12%	0.18%	0.12%
INDB	B	0.12%	0.17%	0.12%
INVA	D	0.12%	0.12%	0.12%
IPGP	D	0.07%	0.0%	0.0%
JWN	D	0.09%	0.35%	0.09%
JXN	C	0.24%	0.9%	0.24%
KALU	C	0.08%	0.18%	0.08%
KBH	D	0.16%	0.64%	0.16%
KFRC	D	0.02%	0.01%	0.01%
KLG	B	0.07%	0.12%	0.07%
KMT	B	0.14%	0.37%	0.14%
KOS	D	0.13%	0.29%	0.13%
KSS	F	0.11%	0.39%	0.11%
LBRT	D	0.2%	0.51%	0.2%
LC	A	0.07%	0.14%	0.07%
LCII	C	0.05%	0.37%	0.05%
LEA	F	0.19%	0.02%	0.02%
LNN	B	0.05%	0.01%	0.01%
LPX	B	0.09%	0.27%	0.09%
LZB	B	0.1%	0.27%	0.1%
M	F	0.17%	0.54%	0.17%
MATX	C	0.2%	0.97%	0.2%
MCRI	A	0.08%	0.17%	0.08%
MDU	D	0.16%	0.54%	0.16%
MGY	A	0.19%	0.73%	0.19%
MHO	D	0.19%	0.69%	0.19%
MLI	B	0.1%	0.94%	0.1%
MRC	B	0.11%	0.14%	0.11%
MRTN	D	0.07%	0.17%	0.07%
MTDR	B	0.26%	0.12%	0.12%
MTG	C	0.21%	0.38%	0.21%
MTH	D	0.19%	0.16%	0.16%
MUR	D	0.21%	0.23%	0.21%
MYRG	B	0.04%	0.01%	0.01%
NAVI	F	0.1%	0.15%	0.1%
NBTB	B	0.03%	0.09%	0.03%
NIC	B	0.06%	0.0%	0.0%
NNI	D	0.02%	0.08%	0.02%
NOG	B	0.25%	0.65%	0.25%
NWBI	B	0.05%	0.11%	0.05%
NX	C	0.08%	0.14%	0.08%
ODP	F	0.04%	0.14%	0.04%
OEC	C	0.1%	0.15%	0.1%
OFG	B	0.05%	0.26%	0.05%
OLPX	D	0.02%	0.0%	0.0%
OMF	A	0.15%	0.21%	0.15%
OXM	F	0.02%	0.19%	0.02%
OZK	B	0.19%	0.54%	0.19%
PARR	F	0.12%	0.14%	0.12%
PATK	C	0.05%	0.1%	0.05%
PBF	D	0.22%	0.28%	0.22%
PDCO	F	0.09%	0.15%	0.09%
PEBO	B	0.12%	0.13%	0.12%
PFBC	B	0.09%	0.07%	0.07%
PFS	B	0.03%	0.14%	0.03%
PHIN	A	0.11%	0.38%	0.11%
PII	F	0.1%	0.31%	0.1%
PINC	B	0.14%	0.33%	0.14%
PLAB	C	0.12%	0.27%	0.12%
PLUS	F	0.02%	0.36%	0.02%
PLYA	B	0.09%	0.15%	0.09%
PPBI	C	0.03%	0.11%	0.03%
PRDO	B	0.12%	0.21%	0.12%
PRG	C	0.1%	0.16%	0.1%
PSMT	D	0.05%	0.36%	0.05%
PTEN	C	0.23%	0.43%	0.23%
PVH	C	0.22%	0.14%	0.14%
R	B	0.2%	0.73%	0.2%
RDN	D	0.21%	0.64%	0.21%
RES	D	0.12%	0.09%	0.09%
RIG	D	0.14%	0.11%	0.11%
SAFT	B	0.03%	0.02%	0.02%
SANM	B	0.15%	0.4%	0.15%
SASR	B	0.09%	0.18%	0.09%
SCL	C	0.05%	0.17%	0.05%
SCSC	C	0.1%	0.19%	0.1%
SCVL	F	0.06%	0.11%	0.06%
SEB	F	0.11%	0.07%	0.07%
SFNC	C	0.08%	0.03%	0.03%
SHEN	F	0.05%	0.02%	0.02%
SIG	B	0.16%	0.58%	0.16%
SLM	A	0.09%	0.69%	0.09%
SM	B	0.24%	0.83%	0.24%
SNDR	B	0.08%	0.17%	0.08%
SNEX	B	0.06%	0.33%	0.06%
SPNT	B	0.13%	0.2%	0.13%
SRCE	B	0.08%	0.03%	0.03%
STBA	B	0.05%	0.16%	0.05%
TALO	C	0.14%	0.27%	0.14%
TCBI	C	0.03%	0.31%	0.03%
TCBK	C	0.08%	0.11%	0.08%
TDS	B	0.13%	0.55%	0.13%
TEX	F	0.21%	0.52%	0.21%
THO	B	0.13%	0.54%	0.13%
THRM	F	0.05%	0.05%	0.05%
TMHC	C	0.22%	0.1%	0.1%
TOWN	B	0.05%	0.14%	0.05%
TPH	D	0.2%	0.37%	0.2%
TRMK	C	0.12%	0.17%	0.12%
TTMI	C	0.07%	0.22%	0.07%
UCB	A	0.05%	0.03%	0.03%
UFPI	C	0.09%	0.07%	0.07%
ULH	C	0.14%	0.06%	0.06%
UMBF	B	0.05%	0.6%	0.05%
URBN	C	0.22%	0.45%	0.22%
USM	B	0.11%	0.16%	0.11%
VBTX	B	0.08%	0.12%	0.08%
VC	F	0.12%	0.22%	0.12%
VLY	B	0.14%	0.38%	0.14%
VRTS	B	0.08%	0.07%	0.07%
VSAT	F	0.06%	0.05%	0.05%
VSH	F	0.11%	0.34%	0.11%
VTLE	C	0.14%	0.06%	0.06%
WAFD	B	0.05%	0.33%	0.05%
WAL	B	0.05%	0.11%	0.05%
WD	D	0.04%	0.33%	0.04%
WERN	C	0.08%	0.42%	0.08%
WGO	C	0.08%	0.19%	0.08%
WKC	C	0.11%	0.16%	0.11%
WMK	C	0.11%	0.18%	0.11%
WSFS	B	0.08%	0.28%	0.08%
WTFC	A	0.1%	0.27%	0.1%
ZION	B	0.16%	0.09%	0.09%

FAB Overweight 446 Positions Relative to AVUV

Symbol	Grade	Weight
UAL	A	0.7%
SYF	B	0.57%
DAL	B	0.56%
GM	C	0.56%
PCAR	B	0.51%
FOXA	A	0.49%
STLD	B	0.48%
CVX	A	0.48%
CINF	A	0.48%
TROW	B	0.48%
EOG	A	0.48%
RS	B	0.47%
COP	C	0.47%
HPE	B	0.46%
F	C	0.46%
CTRA	B	0.46%
XOM	B	0.45%
WFC	A	0.45%
AIG	B	0.45%
HAL	C	0.45%
VLO	C	0.45%
CMCSA	B	0.45%
DVN	F	0.44%
T	A	0.44%
NUE	C	0.43%
COF	C	0.43%
OXY	D	0.43%
PSX	C	0.43%
TOL	B	0.43%
HBAN	A	0.42%
KMI	A	0.42%
MPC	D	0.42%
EG	C	0.41%
EQT	B	0.41%
LNG	A	0.41%
LEN	D	0.4%
CFG	B	0.4%
BG	D	0.4%
OC	A	0.39%
ETR	B	0.39%
PHM	D	0.39%
LYB	F	0.38%
SRE	A	0.38%
VTRS	A	0.38%
C	A	0.38%
CVS	D	0.38%
ADM	D	0.38%
CTSH	B	0.37%
CRBG	B	0.37%
L	A	0.37%
XEL	A	0.37%
FANG	C	0.37%
INTC	C	0.37%
FDX	B	0.37%
ALLY	C	0.36%
CNP	A	0.36%
AEE	A	0.36%
KR	B	0.36%
SLB	C	0.36%
ATO	A	0.36%
HIG	B	0.35%
CB	C	0.35%
CF	A	0.35%
ZBH	C	0.35%
APTV	F	0.33%
EXC	C	0.33%
SNA	A	0.32%
VZ	C	0.32%
DG	F	0.32%
ED	C	0.32%
ON	D	0.32%
MS	A	0.32%
MTB	A	0.31%
CHTR	C	0.31%
BAC	A	0.3%
SWKS	F	0.3%
IP	A	0.3%
DHI	F	0.3%
BKR	A	0.3%
RF	A	0.29%
TDY	B	0.28%
LUV	C	0.28%
TRV	B	0.28%
USB	A	0.28%
FITB	B	0.28%
NI	A	0.27%
STT	B	0.27%
CNC	D	0.27%
PPL	A	0.26%
DGX	A	0.26%
TXT	D	0.25%
D	C	0.25%
LNT	A	0.25%
AFL	B	0.25%
EQR	C	0.25%
ULTA	F	0.25%
TGT	F	0.25%
OVV	B	0.25%
DTE	C	0.24%
CE	F	0.24%
BLDR	D	0.24%
OSK	C	0.24%
DE	B	0.24%
EBAY	D	0.24%
HRL	D	0.24%
DUK	C	0.24%
SYY	D	0.24%
BBY	D	0.23%
AMG	B	0.23%
STX	C	0.23%
RJF	A	0.23%
KHC	F	0.23%
AEP	C	0.23%
TAP	C	0.23%
CHRD	D	0.22%
BIIB	F	0.22%
NFE	D	0.22%
NOV	C	0.22%
AKAM	D	0.22%
DINO	D	0.21%
CADE	B	0.21%
OKE	A	0.21%
ZM	C	0.21%
DOW	F	0.21%
UNM	A	0.21%
CXW	C	0.21%
PNC	B	0.2%
DIS	B	0.2%
G	B	0.2%
RIOT	C	0.2%
APA	D	0.2%
KEY	B	0.2%
RUSHA	C	0.2%
LBRDK	C	0.2%
UGI	C	0.2%
LAD	A	0.2%
RNR	C	0.2%
BWA	D	0.2%
KIM	A	0.19%
JBHT	C	0.19%
TSN	B	0.19%
RRC	B	0.19%
CSCO	B	0.19%
DAR	C	0.19%
NWSA	A	0.19%
PKG	A	0.19%
LNC	C	0.19%
JAZZ	B	0.19%
KRC	B	0.18%
OTTR	C	0.18%
GBDC	D	0.18%
BKH	A	0.18%
PNW	A	0.18%
HPQ	B	0.18%
ADTN	A	0.18%
DRI	B	0.18%
CSX	C	0.18%
COOP	B	0.18%
FMC	D	0.18%
PRU	A	0.18%
RGA	A	0.18%
BEN	C	0.18%
GPI	B	0.18%
POR	C	0.17%
WBS	A	0.17%
CMS	C	0.17%
NVR	D	0.17%
CNXC	F	0.17%
FHN	A	0.17%
SOLV	D	0.17%
SR	A	0.17%
BBWI	C	0.17%
MOS	F	0.17%
HST	C	0.17%
FNF	B	0.17%
NFG	A	0.17%
EVRG	A	0.17%
WEC	A	0.17%
SSNC	B	0.17%
MOH	F	0.16%
KDP	F	0.16%
HUM	C	0.16%
ARE	F	0.16%
WCC	B	0.16%
BMBL	C	0.16%
SUM	B	0.16%
FE	C	0.16%
DOC	C	0.16%
CARR	C	0.16%
PPG	F	0.16%
HSY	F	0.16%
JNJ	C	0.16%
EIX	B	0.16%
BYD	B	0.15%
CTOS	B	0.15%
ECVT	C	0.15%
WLK	D	0.15%
JBT	B	0.15%
ARW	D	0.15%
UHS	D	0.15%
GIS	D	0.15%
GPC	D	0.15%
BERY	C	0.14%
ELV	F	0.14%
WHR	B	0.14%
JBL	C	0.14%
INGR	C	0.14%
ABG	C	0.14%
GMS	B	0.14%
TGNA	B	0.14%
REZI	A	0.13%
LKQ	F	0.13%
VAC	C	0.13%
WS	C	0.13%
IART	C	0.13%
OGS	A	0.13%
PAG	B	0.13%
PK	C	0.13%
NXST	C	0.13%
APLE	B	0.13%
RLJ	C	0.13%
OGE	A	0.13%
HELE	C	0.13%
GL	C	0.13%
SWX	B	0.13%
GEF	A	0.13%
EMN	C	0.12%
ZD	B	0.12%
SJM	D	0.12%
SON	F	0.12%
AVA	A	0.12%
EPC	F	0.12%
POST	C	0.12%
AN	C	0.12%
SHO	D	0.12%
SNX	D	0.12%
BC	C	0.12%
UVV	B	0.12%
CCS	D	0.11%
SAH	C	0.11%
DBRG	F	0.11%
OLN	F	0.11%
WU	F	0.11%
NWE	B	0.1%
HII	F	0.1%
CMI	A	0.1%
ODFL	C	0.1%
ABR	C	0.1%
MLKN	F	0.1%
IDA	A	0.1%
PB	B	0.1%
UBSI	B	0.1%
EQC	B	0.1%
NWN	A	0.1%
VNT	C	0.1%
BV	C	0.1%
LADR	B	0.1%
BECN	B	0.1%
SBH	C	0.1%
GEO	B	0.1%
SEIC	B	0.1%
HGV	C	0.1%
VSCO	C	0.1%
DRH	B	0.1%
CMCO	C	0.1%
OGN	F	0.1%
AMWD	C	0.1%
HD	B	0.09%
WTRG	B	0.09%
PFG	D	0.09%
TNET	F	0.09%
MSM	C	0.09%
CRL	D	0.09%
OMC	C	0.09%
CLX	A	0.09%
SBUX	A	0.09%
ACN	B	0.09%
KFY	B	0.09%
WSBC	B	0.09%
SLGN	A	0.09%
LHX	C	0.09%
BNL	D	0.09%
KNX	C	0.09%
WRB	A	0.09%
ADNT	F	0.09%
CUZ	B	0.09%
PNM	B	0.09%
APD	A	0.09%
LH	B	0.09%
ORI	A	0.09%
IEX	C	0.09%
J	D	0.09%
AR	B	0.09%
AIZ	A	0.09%
PYPL	B	0.09%
ACA	A	0.09%
VSTS	C	0.09%
BOKF	B	0.09%
HIW	C	0.09%
MDLZ	F	0.08%
WPC	C	0.08%
MODG	F	0.08%
TKR	D	0.08%
AWK	C	0.08%
REYN	D	0.08%
CPB	D	0.08%
WY	F	0.08%
PTVE	B	0.08%
LMT	D	0.08%
EXPD	C	0.08%
ALG	B	0.08%
SKX	D	0.08%
DD	C	0.08%
CI	D	0.08%
IPG	D	0.08%
MAS	D	0.08%
XRX	F	0.08%
LAUR	A	0.08%
HOLX	D	0.08%
MDT	D	0.08%
AGCO	D	0.08%
FTV	C	0.08%
KEYS	A	0.08%
GD	D	0.08%
PEP	F	0.08%
RNST	B	0.08%
UPS	C	0.08%
CTVA	C	0.08%
NDSN	B	0.08%
MIDD	C	0.08%
MAA	B	0.08%
ASGN	F	0.08%
LOW	C	0.08%
LILAK	D	0.07%
SJW	F	0.07%
PEB	D	0.07%
CAG	F	0.07%
SPB	C	0.07%
UNF	B	0.07%
NKE	F	0.07%
XHR	B	0.07%
UHAL	D	0.07%
MMS	F	0.07%
SBCF	B	0.06%
GOGO	C	0.06%
CSGS	B	0.06%
AMN	F	0.06%
FHI	B	0.06%
PBH	A	0.06%
OMI	F	0.06%
KAR	B	0.06%
DFH	D	0.06%
FHB	B	0.06%
CAR	C	0.06%
SSTK	F	0.06%
LGIH	F	0.06%
AFG	A	0.05%
BJ	A	0.05%
ROG	D	0.05%
FLR	B	0.05%
DFIN	D	0.05%
SEM	B	0.05%
DEA	D	0.05%
DNB	B	0.05%
MUSA	B	0.05%
YETI	D	0.05%
PFGC	B	0.05%
SSB	B	0.05%
RHI	C	0.05%
SYNA	C	0.05%
AUB	B	0.05%
CXT	C	0.05%
ARI	C	0.05%
ALEX	B	0.05%
GXO	B	0.05%
KWR	C	0.05%
DK	C	0.05%
ROCK	C	0.05%
GO	C	0.05%
JEF	A	0.05%
ABM	B	0.05%
ENOV	C	0.05%
MTX	B	0.05%
EPAM	B	0.05%
TPR	B	0.05%
HLF	C	0.05%
IOSP	C	0.05%
PNFP	B	0.05%
UPWK	B	0.04%
FBIN	D	0.04%
NSP	F	0.04%
IAC	F	0.04%
FOXF	F	0.04%
HSIC	C	0.04%
AVNS	F	0.04%
RYN	D	0.04%
CZR	F	0.04%
LFUS	D	0.04%
TTC	C	0.04%
FUL	F	0.04%
MGM	D	0.04%
STWD	C	0.04%
SEE	C	0.04%
FAF	A	0.04%
LSTR	D	0.04%
MAT	D	0.04%
NJR	A	0.04%
IVZ	B	0.04%
AVNT	B	0.04%
FELE	B	0.04%
SKY	A	0.04%
WTS	B	0.04%
PRGO	C	0.04%
VOYA	B	0.04%
AIR	B	0.03%
HAYW	B	0.03%
MTRN	C	0.03%
XPEL	B	0.03%
DEI	B	0.03%
HLIO	B	0.03%
IVT	A	0.03%
CVCO	A	0.03%
ROIC	A	0.03%
SAM	C	0.03%
CBU	B	0.03%
MCW	C	0.03%
MGPI	F	0.03%
OPCH	D	0.03%
BLMN	F	0.02%
JBGS	F	0.02%
CWEN	C	0.02%
SHOO	F	0.02%
MSGE	F	0.02%
LXP	D	0.02%
RC	D	0.02%
CMTG	F	0.02%
SHLS	F	0.02%
NVEE	F	0.02%
STC	B	0.02%
NMRK	C	0.02%
CNMD	C	0.02%
OI	C	0.02%
MSEX	C	0.02%
UPBD	B	0.02%
EVTC	B	0.02%
PGRE	F	0.02%

FAB Underweight 498 Positions Relative to AVUV

Symbol	Grade	Weight
GATX	A	-0.91%
SKYW	C	-0.83%
IDCC	B	-0.77%
CBT	D	-0.74%
SFM	A	-0.71%
AROC	A	-0.65%
CALM	A	-0.63%
POWL	C	-0.59%
AX	B	-0.59%
MARA	B	-0.54%
ARCH	B	-0.53%
CEIX	A	-0.53%
IBOC	B	-0.48%
SLVM	B	-0.46%
STNG	F	-0.45%
FBP	C	-0.43%
ANF	F	-0.42%
ONB	C	-0.42%
VSTO	A	-0.41%
NMIH	C	-0.39%
OII	B	-0.39%
SATS	D	-0.38%
TRN	B	-0.38%
AGX	B	-0.36%
INSW	F	-0.36%
TBBK	B	-0.35%
CAKE	C	-0.32%
PLXS	B	-0.32%
HEES	C	-0.31%
APOG	C	-0.3%
BOH	B	-0.3%
STRL	A	-0.3%
ESGR	B	-0.29%
SNV	C	-0.29%
ATSG	B	-0.28%
JBLU	F	-0.28%
GVA	A	-0.27%
TILE	B	-0.26%
HLX	B	-0.26%
FYBR	C	-0.25%
AGM	B	-0.23%
PFSI	C	-0.22%
WTTR	A	-0.22%
SUPN	C	-0.22%
HHH	B	-0.22%
DHT	F	-0.21%
SCS	C	-0.21%
HWKN	B	-0.21%
NTB	B	-0.21%
ALGT	B	-0.21%
UNFI	A	-0.2%
BXC	B	-0.2%
SXC	A	-0.2%
PAYO	A	-0.2%
LPG	F	-0.19%
TPC	C	-0.19%
SFL	D	-0.19%
OPEN	F	-0.19%
IRDM	D	-0.19%
WABC	B	-0.18%
QCRH	B	-0.18%
KRP	B	-0.18%
GLNG	C	-0.17%
HRMY	D	-0.17%
FL	F	-0.16%
DOLE	D	-0.16%
JELD	F	-0.15%
WOR	F	-0.15%
HTLF	B	-0.14%
UAA	C	-0.14%
DCOM	B	-0.14%
WNC	C	-0.14%
PTGX	D	-0.14%
CBRL	C	-0.14%
BELFB	C	-0.14%
AM	A	-0.14%
GNK	D	-0.13%
STNE	F	-0.13%
BJRI	C	-0.13%
OCFC	B	-0.13%
AXL	C	-0.13%
PUMP	C	-0.13%
PFC	B	-0.12%
PLMR	A	-0.12%
NBHC	C	-0.12%
BRKL	B	-0.12%
AMPH	F	-0.12%
MBUU	B	-0.12%
RYI	C	-0.12%
CARS	C	-0.12%
DAKT	C	-0.11%
ETD	C	-0.11%
OBK	C	-0.11%
MTUS	C	-0.11%
CTBI	B	-0.11%
EBS	C	-0.11%
EGY	D	-0.11%
ASIX	B	-0.11%
ACT	C	-0.11%
GAP	C	-0.11%
SGHC	A	-0.11%
NBR	C	-0.11%
CNOB	B	-0.11%
HAFC	B	-0.1%
SNCY	C	-0.1%
FMBH	B	-0.1%
REX	D	-0.1%
MBIN	F	-0.1%
OSBC	A	-0.1%
SPTN	D	-0.1%
AMAL	B	-0.1%
PAGS	F	-0.1%
NR	B	-0.1%
MBWM	B	-0.1%
VTOL	B	-0.1%
UVSP	B	-0.1%
IBCP	B	-0.1%
RYAM	C	-0.1%
CPF	B	-0.1%
AMRC	F	-0.1%
SCHL	F	-0.09%
NBN	C	-0.09%
SYBT	B	-0.09%
IIIN	C	-0.09%
CLW	F	-0.09%
MATV	D	-0.09%
IBTX	B	-0.09%
HCI	C	-0.09%
THG	A	-0.09%
TROX	D	-0.09%
UTI	B	-0.09%
EGBN	B	-0.09%
ASC	F	-0.09%
CLVT	D	-0.08%
SWBI	C	-0.08%
BFST	C	-0.08%
NGVC	A	-0.08%
FBMS	B	-0.08%
TGLS	B	-0.08%
TRST	B	-0.08%
PAHC	C	-0.08%
MCS	B	-0.08%
ENLC	A	-0.08%
MCB	B	-0.08%
ANET	C	-0.08%
CHX	C	-0.08%
BBW	C	-0.08%
SMP	C	-0.08%
KLIC	B	-0.08%
MCY	A	-0.08%
NTGR	B	-0.08%
SFBS	C	-0.08%
NAT	F	-0.08%
GLDD	B	-0.08%
CFB	B	-0.08%
CCNE	C	-0.07%
HTBK	B	-0.07%
GRNT	B	-0.07%
MSBI	B	-0.07%
UVE	B	-0.07%
SMBC	B	-0.07%
GSBC	C	-0.07%
HTLD	C	-0.07%
LOVE	A	-0.07%
LMB	B	-0.07%
SKWD	A	-0.07%
WASH	C	-0.07%
CMRE	C	-0.07%
ZEUS	C	-0.07%
KELYA	F	-0.07%
BGS	F	-0.07%
LXU	B	-0.07%
RDUS	B	-0.07%
RBCAA	B	-0.07%
ACCO	C	-0.06%
AROW	B	-0.06%
OPY	B	-0.06%
CVGW	D	-0.06%
AMBC	C	-0.06%
REPX	A	-0.06%
SD	D	-0.06%
CCB	A	-0.06%
IESC	C	-0.06%
CCRN	F	-0.06%
THFF	B	-0.06%
EBF	F	-0.06%
ESQ	B	-0.06%
OSCR	D	-0.06%
UA	C	-0.06%
HTBI	B	-0.06%
PGC	B	-0.06%
LXFR	C	-0.05%
SIGA	F	-0.05%
KE	C	-0.05%
BVS	D	-0.05%
APEI	B	-0.05%
USNA	C	-0.05%
BRY	F	-0.05%
SB	F	-0.05%
ARHS	F	-0.05%
GDOT	D	-0.05%
SBSI	C	-0.05%
AMTB	B	-0.05%
MCBS	B	-0.05%
NRIM	A	-0.05%
HVT	D	-0.05%
SPFI	C	-0.05%
FISI	B	-0.05%
NFBK	C	-0.05%
ORRF	B	-0.05%
MCFT	C	-0.05%
JBSS	F	-0.05%
OSUR	F	-0.05%
SMBK	B	-0.05%
CVEO	F	-0.05%
WTM	A	-0.05%
ODC	B	-0.05%
FFIC	B	-0.05%
HPK	B	-0.05%
FG	A	-0.05%
BHB	C	-0.05%
BKD	F	-0.05%
HBNC	B	-0.05%
SBLK	F	-0.05%
CAC	C	-0.05%
METC	C	-0.05%
NWPX	A	-0.05%
USAP	B	-0.05%
GDEN	B	-0.05%
TNC	D	-0.05%
HRTG	C	-0.04%
RGR	F	-0.04%
FNKO	D	-0.04%
ATNI	F	-0.04%
CARE	C	-0.04%
VIRC	B	-0.04%
CENT	C	-0.04%
CCBG	B	-0.04%
AMCX	C	-0.04%
USLM	A	-0.04%
DBI	F	-0.04%
LRN	A	-0.04%
FSBC	C	-0.04%
GCO	C	-0.04%
CHCO	B	-0.04%
ZIMV	D	-0.04%
HNRG	B	-0.04%
MPB	B	-0.04%
MOV	D	-0.04%
VLGEA	C	-0.04%
RBB	B	-0.04%
TWI	F	-0.04%
DXLG	D	-0.03%
ACIC	B	-0.03%
XPRO	D	-0.03%
ORN	B	-0.03%
TMP	B	-0.03%
MED	D	-0.03%
CNDT	C	-0.03%
FLXS	B	-0.03%
BANC	B	-0.03%
NATR	C	-0.03%
IPI	C	-0.03%
CENX	B	-0.03%
LOB	C	-0.03%
NUS	D	-0.03%
PKOH	C	-0.03%
LYTS	B	-0.03%
KRT	B	-0.03%
DHIL	B	-0.03%
EZPW	B	-0.03%
RNGR	A	-0.03%
MYE	F	-0.03%
WRLD	C	-0.03%
HFWA	C	-0.03%
LE	D	-0.03%
SHBI	B	-0.03%
AOSL	C	-0.03%
CRCT	F	-0.03%
MOFG	B	-0.03%
VPG	F	-0.03%
SGC	C	-0.03%
FLIC	B	-0.03%
TH	C	-0.03%
PANL	F	-0.03%
AMPY	C	-0.03%
LKFN	C	-0.03%
GLRE	B	-0.03%
FLWS	D	-0.03%
JAKK	C	-0.03%
HSII	B	-0.03%
GHM	A	-0.02%
IMMR	C	-0.02%
PBYI	C	-0.02%
VRA	C	-0.02%
PUBM	C	-0.02%
EPM	A	-0.02%
HBCP	C	-0.02%
LEGH	D	-0.02%
FSTR	B	-0.02%
ESOA	B	-0.02%
FRBA	D	-0.02%
RICK	B	-0.02%
BFC	B	-0.02%
IMXI	B	-0.02%
OIS	B	-0.02%
WTBA	B	-0.02%
HBT	B	-0.02%
HIFS	C	-0.02%
ALRS	D	-0.02%
CASS	C	-0.02%
MNTK	F	-0.02%
BMRC	B	-0.02%
UNTY	B	-0.02%
CIVB	B	-0.02%
CMT	C	-0.02%
ANIP	F	-0.02%
ACDC	B	-0.02%
KODK	B	-0.02%
TCBX	B	-0.02%
MERC	F	-0.02%
EQBK	B	-0.02%
FFWM	C	-0.02%
SFST	B	-0.02%
HBB	F	-0.02%
HOFT	B	-0.02%
INBK	B	-0.02%
BSRR	B	-0.02%
PRA	C	-0.02%
RM	C	-0.02%
HONE	C	-0.02%
FSBW	C	-0.02%
WLFC	B	-0.02%
NEU	D	-0.02%
FMNB	B	-0.02%
SWIM	C	-0.02%
MEI	F	-0.02%
FIGS	F	-0.02%
REI	D	-0.02%
PLPC	B	-0.02%
TTI	B	-0.02%
TBI	F	-0.02%
HDSN	F	-0.02%
RCKY	F	-0.02%
FBIZ	B	-0.02%
ACNB	B	-0.02%
BWB	B	-0.02%
UBFO	A	-0.01%
MTRX	B	-0.01%
EVC	C	-0.01%
BSET	C	-0.01%
PWOD	A	-0.01%
VNDA	C	-0.01%
BSVN	B	-0.01%
KRO	C	-0.01%
COFS	A	-0.01%
TSBK	A	-0.01%
KEQU	B	-0.01%
SONO	C	-0.01%
KNF	B	-0.01%
FRST	B	-0.01%
FCBC	C	-0.01%
LSEA	D	-0.01%
KLXE	C	-0.01%
CBNK	B	-0.01%
ISTR	B	-0.01%
OPBK	B	-0.01%
BWFG	B	-0.01%
NC	B	-0.01%
LFVN	C	-0.01%
LCUT	F	-0.01%
JRVR	F	-0.01%
LWAY	C	-0.01%
MPAA	B	-0.01%
ATLC	A	-0.01%
GABC	B	-0.01%
IBEX	B	-0.01%
LNTH	D	-0.01%
FUNC	B	-0.01%
CBAN	B	-0.01%
BCML	B	-0.01%
APLD	B	-0.01%
METCB	F	-0.01%
VEL	A	-0.01%
ACTG	D	-0.01%
PKBK	A	-0.01%
GNTY	A	-0.01%
FLL	C	-0.01%
LTH	C	-0.01%
GEOS	B	-0.01%
ACU	C	-0.01%
UFCS	A	-0.01%
ITIC	A	-0.01%
AMSF	B	-0.01%
TTSH	F	-0.01%
ALTG	C	-0.01%
HMST	F	-0.01%
EBTC	C	-0.01%
MFIN	B	-0.01%
NGS	B	-0.01%
SRI	F	-0.01%
EVBN	B	-0.01%
FF	F	-0.01%
PCB	B	-0.01%
BELFA	D	-0.01%
CVGI	F	-0.01%
RLGT	B	-0.01%
CLAR	D	-0.01%
WSBF	C	-0.01%
NNBR	C	-0.01%
MVBF	C	-0.01%
MTW	C	-0.01%
MWA	B	-0.01%
TAYD	D	-0.01%
SF	B	-0.01%
AVO	C	-0.01%
UEIC	B	-0.01%
BCBP	B	-0.01%
TG	D	-0.01%
KRNY	C	-0.01%
RMAX	C	-0.01%
OBT	C	-0.01%
MEC	F	-0.01%
CPHC	C	-0.0%
AVNW	F	-0.0%
VREX	B	-0.0%
MRBK	A	-0.0%
NKSH	C	-0.0%
SRTS	B	-0.0%
MNSB	C	-0.0%
WNEB	A	-0.0%
KVHI	B	-0.0%
PLBC	A	-0.0%
ECPG	C	-0.0%
FGBI	A	-0.0%
ESCA	B	-0.0%
MYFW	B	-0.0%
UTMD	F	-0.0%
LAKE	B	-0.0%
ATLO	C	-0.0%
VABK	B	-0.0%
KOP	C	-0.0%
FDBC	C	-0.0%
CNTY	B	-0.0%
PVBC	B	-0.0%
AOUT	B	-0.0%
WOW	C	-0.0%
PHX	A	-0.0%
PDEX	C	-0.0%
BCAL	B	-0.0%
NEWT	C	-0.0%
PCRX	C	-0.0%
WEYS	C	-0.0%
OB	B	-0.0%
MYPS	C	-0.0%
LPRO	B	-0.0%
ZUMZ	B	-0.0%
DLTH	D	-0.0%
UFI	D	-0.0%
CSPI	C	-0.0%
SPWH	F	-0.0%
NWFL	C	-0.0%
TBNK	B	-0.0%
CZFS	B	-0.0%
VHI	D	-0.0%
RRBI	A	-0.0%
FVCB	B	-0.0%
CRD.B	D	-0.0%
EML	D	-0.0%
CHMG	B	-0.0%
QUAD	C	-0.0%
FONR	D	-0.0%
EPSN	B	-0.0%
CCRD	B	-0.0%
PFIS	A	-0.0%
KINS	B	-0.0%
CFFI	A	-0.0%
CATO	D	-0.0%
PEBK	B	-0.0%
CBFV	A	-0.0%
RVSB	B	-0.0%
OVLY	B	-0.0%
ASTE	C	-0.0%
BOOM	F	-0.0%
HWBK	B	-0.0%
FNLC	C	-0.0%
TWIN	F	-0.0%
PNRG	A	-0.0%
PYXS	D	-0.0%
FET	F	-0.0%
CPSS	B	-0.0%
FRAF	A	-0.0%
BFIN	B	-0.0%
SEG	B	-0.0%
BANF	B	-0.0%
MPX	C	-0.0%
XBIT	F	-0.0%
STKS	F	-0.0%