FESM vs. VTWO ETF Comparison

Comparison of Fidelity Enhanced Small Cap ETF (FESM) to Vanguard Russell 2000 ETF (VTWO)

FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.59

Average Daily Volume

123,580

Number of Holdings ^*

562

* may have additional holdings in another (foreign) market

VTWO

Vanguard Russell 2000 ETF

VTWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 2000® Index. The index is designed to measure the performance of small-capitalization stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$94.85

Average Daily Volume

1,650,049

Number of Holdings ^*

1757

* may have additional holdings in another (foreign) market

Performance

Period	FESM	VTWO
30 Days	7.42%	6.00%
60 Days	7.32%	6.12%
90 Days	8.30%	6.82%
12 Months	39.28%	33.52%

527 Overlapping Holdings

	Symbol	Grade	Weight in FESM	Weight in VTWO	Overlap
	AAT	B	0.36%	0.05%	0.05%
	ABCB	B	0.36%	0.15%	0.15%
	ABM	B	0.32%	0.12%	0.12%
	ABSI	F	0.05%	0.01%	0.01%
	ABUS	D	0.02%	0.02%	0.02%
	ACA	A	0.37%	0.17%	0.17%
	ACAD	C	0.11%	0.07%	0.07%
	ACIW	B	0.05%	0.2%	0.05%
	ACLX	C	0.03%	0.13%	0.03%
	ADMA	B	0.11%	0.17%	0.11%
	ADPT	C	0.09%	0.02%	0.02%
	ADUS	D	0.1%	0.08%	0.08%
	AEO	F	0.5%	0.15%	0.15%
	AGIO	C	0.14%	0.09%	0.09%
	AGS	A	0.09%	0.02%	0.02%
	AIN	C	0.08%	0.1%	0.08%
	AIR	B	0.49%	0.08%	0.08%
	AIT	B	0.47%	0.31%	0.31%
	AKBA	C	0.08%	0.01%	0.01%
	AKRO	B	0.06%	0.07%	0.06%
	ALE	A	0.1%	0.14%	0.1%
	ALEC	F	0.02%	0.01%	0.01%
	ALHC	C	0.02%	0.04%	0.02%
	ALKS	C	0.21%	0.17%	0.17%
	ALRM	C	0.16%	0.1%	0.1%
	ALT	C	0.02%	0.02%	0.02%
	ALTR	B	0.1%	0.2%	0.1%
	ALX	D	0.04%	0.02%	0.02%
	AMAL	B	0.09%	0.02%	0.02%
	AMBA	B	0.09%	0.08%	0.08%
	AMPH	F	0.1%	0.07%	0.07%
	AMRX	C	0.12%	0.05%	0.05%
	AMSC	B	0.12%	0.03%	0.03%
	AMSF	B	0.15%	0.03%	0.03%
	ANF	F	0.74%	0.26%	0.26%
	ANGO	C	0.02%	0.01%	0.01%
	ANIK	D	0.03%	0.01%	0.01%
	ANIP	F	0.08%	0.04%	0.04%
	ANNX	F	0.06%	0.02%	0.02%
	AORT	B	0.22%	0.04%	0.04%
	AOSL	C	0.04%	0.03%	0.03%
	APOG	C	0.38%	0.06%	0.06%
	APPN	B	0.06%	0.05%	0.05%
	ARAY	C	0.08%	0.01%	0.01%
	ARCT	F	0.06%	0.02%	0.02%
	ARLO	C	0.17%	0.04%	0.04%
	AROC	A	0.39%	0.12%	0.12%
	ARQT	B	0.09%	0.04%	0.04%
	ARRY	F	0.03%	0.04%	0.03%
	ARVN	F	0.06%	0.06%	0.06%
	ARWR	D	0.05%	0.08%	0.05%
	ASC	F	0.03%	0.03%	0.03%
	ATNI	F	0.07%	0.01%	0.01%
	ATRC	C	0.13%	0.05%	0.05%
	ATRO	D	0.05%	0.02%	0.02%
	AUB	B	0.1%	0.12%	0.1%
	AUR	C	0.09%	0.2%	0.09%
	AVD	C	0.06%	0.0%	0.0%
	AVNS	F	0.18%	0.04%	0.04%
	AVTE	D	0.01%	0.0%	0.0%
	AWR	B	0.3%	0.11%	0.11%
	AX	B	0.29%	0.13%	0.13%
	AXGN	C	0.21%	0.02%	0.02%
	AXL	C	0.21%	0.03%	0.03%
	AXNX	A	0.03%	0.13%	0.03%
	AXSM	B	0.07%	0.12%	0.07%
	BAND	B	0.36%	0.02%	0.02%
	BANF	B	0.43%	0.08%	0.08%
	BASE	B	0.04%	0.02%	0.02%
	BBIO	F	0.07%	0.13%	0.07%
	BBSI	B	0.33%	0.04%	0.04%
	BCC	B	0.16%	0.2%	0.16%
	BCO	F	0.24%	0.19%	0.19%
	BCPC	B	0.09%	0.21%	0.09%
	BCRX	D	0.1%	0.06%	0.06%
	BDC	C	0.29%	0.17%	0.17%
	BDTX	F	0.04%	0.01%	0.01%
	BEAM	D	0.03%	0.07%	0.03%
	BECN	B	0.03%	0.2%	0.03%
	BGC	C	0.66%	0.12%	0.12%
	BGS	F	0.06%	0.03%	0.03%
	BHE	C	0.41%	0.06%	0.06%
	BHLB	B	0.03%	0.04%	0.03%
	BKD	F	0.06%	0.05%	0.05%
	BL	B	0.2%	0.12%	0.12%
	BLBD	D	0.04%	0.06%	0.04%
	BLKB	B	0.07%	0.13%	0.07%
	BMI	B	0.4%	0.24%	0.24%
	BOH	B	0.16%	0.09%	0.09%
	BOOT	C	0.05%	0.18%	0.05%
	BPMC	B	0.16%	0.21%	0.16%
	BRSP	C	0.04%	0.03%	0.03%
	BSIG	A	0.07%	0.03%	0.03%
	BSRR	B	0.08%	0.01%	0.01%
	BUSE	B	0.23%	0.05%	0.05%
	BVS	D	0.18%	0.02%	0.02%
	BY	B	0.05%	0.03%	0.03%
	CADE	B	0.18%	0.21%	0.18%
	CALM	A	0.22%	0.11%	0.11%
	CATY	B	0.08%	0.11%	0.08%
	CBU	B	0.37%	0.11%	0.11%
	CCBG	B	0.01%	0.02%	0.01%
	CCCC	F	0.06%	0.01%	0.01%
	CDE	C	0.07%	0.1%	0.07%
	CDMO	A	0.08%	0.03%	0.03%
	CDNA	D	0.11%	0.06%	0.06%
	CDP	C	0.25%	0.13%	0.13%
	CDXS	B	0.06%	0.01%	0.01%
	CECO	B	0.35%	0.03%	0.03%
	CEIX	A	0.25%	0.11%	0.11%
	CERS	D	0.06%	0.01%	0.01%
	CHGG	C	0.03%	0.01%	0.01%
	CHRS	D	0.01%	0.0%	0.0%
	CHX	C	0.11%	0.21%	0.11%
	CLDX	F	0.06%	0.08%	0.06%
	CMC	B	0.06%	0.23%	0.06%
	CMPR	D	0.39%	0.05%	0.05%
	CNK	C	0.14%	0.11%	0.11%
	CNMD	C	0.35%	0.08%	0.08%
	CNO	B	0.27%	0.14%	0.14%
	CNXN	C	0.18%	0.03%	0.03%
	CODI	B	0.44%	0.05%	0.05%
	COGT	D	0.05%	0.04%	0.04%
	COLL	F	0.07%	0.05%	0.05%
	COMM	D	0.22%	0.05%	0.05%
	COMP	B	0.58%	0.09%	0.09%
	CORT	B	0.23%	0.14%	0.14%
	COUR	F	0.04%	0.04%	0.04%
	CPF	B	0.23%	0.03%	0.03%
	CPRX	C	0.14%	0.08%	0.08%
	CPS	C	0.15%	0.01%	0.01%
	CRAI	C	0.22%	0.04%	0.04%
	CRBU	D	0.02%	0.01%	0.01%
	CRC	A	0.22%	0.13%	0.13%
	CRDO	B	0.36%	0.15%	0.15%
	CRGY	B	0.58%	0.06%	0.06%
	CRNX	C	0.13%	0.15%	0.13%
	CRS	B	0.81%	0.28%	0.28%
	CRVL	B	0.04%	0.11%	0.04%
	CSGS	B	0.59%	0.05%	0.05%
	CSR	B	0.03%	0.04%	0.03%
	CSWI	B	0.17%	0.22%	0.17%
	CTBI	B	0.07%	0.03%	0.03%
	CTKB	C	0.07%	0.02%	0.02%
	CTRE	C	0.2%	0.16%	0.16%
	CVBF	A	0.05%	0.09%	0.05%
	CVLT	B	0.77%	0.25%	0.25%
	CWCO	C	0.03%	0.01%	0.01%
	CWT	C	0.2%	0.12%	0.12%
	CXM	C	0.04%	0.04%	0.04%
	CYTK	F	0.16%	0.22%	0.16%
	DAKT	C	0.05%	0.02%	0.02%
	DCO	C	0.17%	0.03%	0.03%
	DEA	D	0.08%	0.05%	0.05%
	DIN	C	0.02%	0.02%	0.02%
	DIOD	D	0.1%	0.11%	0.1%
	DK	C	0.12%	0.04%	0.04%
	DNLI	D	0.07%	0.13%	0.07%
	DOMO	B	0.15%	0.01%	0.01%
	DSGN	C	0.05%	0.01%	0.01%
	DVAX	C	0.02%	0.05%	0.02%
	DXPE	C	0.16%	0.02%	0.02%
	DY	D	0.15%	0.21%	0.15%
	DYN	F	0.11%	0.11%	0.11%
	EAT	A	0.11%	0.12%	0.11%
	EB	C	0.02%	0.01%	0.01%
	EDIT	F	0.03%	0.01%	0.01%
	EE	A	0.05%	0.01%	0.01%
	EGHT	B	0.29%	0.01%	0.01%
	ENS	F	0.61%	0.15%	0.15%
	ENSG	C	0.03%	0.29%	0.03%
	ENTA	F	0.03%	0.01%	0.01%
	EOLS	D	0.06%	0.03%	0.03%
	EPAC	C	0.23%	0.08%	0.08%
	EQC	B	0.31%	0.08%	0.08%
	ERAS	C	0.06%	0.02%	0.02%
	ESRT	C	0.34%	0.05%	0.05%
	ETD	C	0.14%	0.03%	0.03%
	ETNB	C	0.05%	0.02%	0.02%
	ETWO	F	0.03%	0.03%	0.03%
	EWTX	C	0.16%	0.07%	0.07%
	EXLS	B	0.54%	0.22%	0.22%
	EXPI	D	0.16%	0.04%	0.04%
	EXTR	C	0.13%	0.07%	0.07%
	FATE	F	0.03%	0.01%	0.01%
	FBK	C	0.06%	0.06%	0.06%
	FBP	C	0.28%	0.13%	0.13%
	FCF	B	0.02%	0.06%	0.02%
	FDP	B	0.08%	0.04%	0.04%
	FFBC	B	0.1%	0.09%	0.09%
	FFIN	B	0.35%	0.18%	0.18%
	FISI	B	0.07%	0.01%	0.01%
	FIZZ	C	0.03%	0.04%	0.03%
	FLNC	D	0.17%	0.05%	0.05%
	FLR	B	0.5%	0.3%	0.3%
	FLXS	B	0.14%	0.01%	0.01%
	FLYW	B	0.05%	0.07%	0.05%
	FN	C	0.74%	0.32%	0.32%
	FNKO	D	0.03%	0.01%	0.01%
	FOLD	F	0.14%	0.12%	0.12%
	FORM	D	0.12%	0.13%	0.12%
	FRME	B	0.18%	0.08%	0.08%
	FSS	B	0.08%	0.21%	0.08%
	FSTR	B	0.02%	0.01%	0.01%
	FTDR	B	0.08%	0.14%	0.08%
	FUL	F	0.52%	0.16%	0.16%
	FULT	A	0.19%	0.12%	0.12%
	GATX	A	0.01%	0.17%	0.01%
	GCI	D	0.03%	0.03%	0.03%
	GEO	B	0.22%	0.06%	0.06%
	GERN	D	0.04%	0.1%	0.04%
	GFF	A	0.3%	0.1%	0.1%
	GH	B	0.35%	0.1%	0.1%
	GHC	B	0.14%	0.1%	0.1%
	GIC	D	0.06%	0.02%	0.02%
	GIII	D	0.03%	0.05%	0.03%
	GKOS	B	0.1%	0.23%	0.1%
	GMRE	F	0.1%	0.02%	0.02%
	GNW	A	0.33%	0.11%	0.11%
	GPRE	F	0.02%	0.03%	0.02%
	GRC	A	0.03%	0.03%	0.03%
	GT	C	0.39%	0.09%	0.09%
	HAE	C	0.14%	0.15%	0.14%
	HALO	F	0.21%	0.26%	0.21%
	HBI	B	0.07%	0.1%	0.07%
	HCAT	D	0.11%	0.02%	0.02%
	HCI	C	0.11%	0.03%	0.03%
	HIMS	B	0.03%	0.13%	0.03%
	HL	D	0.19%	0.14%	0.14%
	HLIT	D	0.09%	0.06%	0.06%
	HLX	B	0.23%	0.06%	0.06%
	HNI	B	0.2%	0.09%	0.09%
	HNST	A	0.03%	0.01%	0.01%
	HP	C	0.25%	0.11%	0.11%
	HQY	A	0.24%	0.25%	0.24%
	HROW	D	0.03%	0.05%	0.03%
	HRTG	C	0.07%	0.01%	0.01%
	HRTX	F	0.04%	0.01%	0.01%
	HSTM	B	0.2%	0.03%	0.03%
	HUMA	F	0.03%	0.02%	0.02%
	HURN	C	0.21%	0.07%	0.07%
	HWC	B	0.22%	0.16%	0.16%
	HWKN	B	0.53%	0.09%	0.09%
	HY	D	0.18%	0.03%	0.03%
	IART	C	0.06%	0.05%	0.05%
	IBP	D	0.57%	0.22%	0.22%
	ICFI	F	0.04%	0.11%	0.04%
	IDT	B	0.03%	0.02%	0.02%
	IDYA	F	0.04%	0.1%	0.04%
	IGT	F	0.49%	0.09%	0.09%
	IMVT	F	0.01%	0.06%	0.01%
	INDB	B	0.1%	0.09%	0.09%
	INO	F	0.01%	0.01%	0.01%
	INSM	C	0.42%	0.42%	0.42%
	INTA	B	0.17%	0.07%	0.07%
	IOVA	F	0.04%	0.09%	0.04%
	IRTC	C	0.17%	0.09%	0.09%
	IRWD	F	0.07%	0.02%	0.02%
	ITRI	C	0.47%	0.18%	0.18%
	JAMF	F	0.07%	0.05%	0.05%
	JBSS	F	0.02%	0.03%	0.02%
	JXN	C	0.64%	0.26%	0.26%
	KALV	F	0.04%	0.02%	0.02%
	KAR	B	0.31%	0.07%	0.07%
	KBH	D	0.2%	0.21%	0.2%
	KE	C	0.07%	0.02%	0.02%
	KNF	B	0.13%	0.19%	0.13%
	KOD	B	0.07%	0.0%	0.0%
	KREF	C	0.12%	0.03%	0.03%
	KRYS	C	0.11%	0.17%	0.11%
	KTB	B	0.08%	0.17%	0.08%
	KTOS	B	0.31%	0.13%	0.13%
	KURA	F	0.1%	0.05%	0.05%
	KYMR	D	0.03%	0.08%	0.03%
	LADR	B	0.1%	0.05%	0.05%
	LANC	C	0.45%	0.13%	0.13%
	LGF.A	C	0.07%	0.03%	0.03%
	LGF.A	C	0.05%	0.02%	0.02%
	LGF.A	C	0.07%	0.02%	0.02%
	LGF.A	C	0.05%	0.03%	0.03%
	LGND	C	0.09%	0.06%	0.06%
	LIVN	F	0.07%	0.11%	0.07%
	LKFN	C	0.52%	0.06%	0.06%
	LMAT	A	0.03%	0.07%	0.03%
	LMB	B	0.17%	0.03%	0.03%
	LMND	B	0.51%	0.03%	0.03%
	LNTH	D	0.07%	0.28%	0.07%
	LTH	C	0.08%	0.05%	0.05%
	LUMN	C	0.86%	0.26%	0.26%
	LUNR	B	0.07%	0.01%	0.01%
	LYTS	B	0.11%	0.02%	0.02%
	MAC	B	0.22%	0.15%	0.15%
	MATX	C	0.32%	0.18%	0.18%
	MBWM	B	0.03%	0.03%	0.03%
	MCB	B	0.02%	0.02%	0.02%
	MCRI	A	0.05%	0.04%	0.04%
	MCY	A	0.03%	0.06%	0.03%
	MDGL	B	0.15%	0.14%	0.14%
	MDXG	B	0.02%	0.03%	0.02%
	MED	D	0.03%	0.01%	0.01%
	MGNX	F	0.04%	0.01%	0.01%
	MHO	D	0.59%	0.17%	0.17%
	MLNK	C	0.05%	0.02%	0.02%
	MMSI	A	0.4%	0.21%	0.21%
	MOG.A	B	0.25%	0.21%	0.21%
	MQ	D	0.02%	0.08%	0.02%
	MRC	B	0.08%	0.04%	0.04%
	MRSN	D	0.02%	0.01%	0.01%
	MRTN	D	0.23%	0.04%	0.04%
	MSBI	B	0.04%	0.02%	0.02%
	MTH	D	0.3%	0.27%	0.27%
	MTRN	C	0.08%	0.08%	0.08%
	MTX	B	0.56%	0.09%	0.09%
	MUR	D	0.19%	0.18%	0.18%
	MWA	B	0.6%	0.12%	0.12%
	MXL	C	0.48%	0.04%	0.04%
	MYE	F	0.07%	0.02%	0.02%
	MYGN	F	0.09%	0.09%	0.09%
	NABL	F	0.06%	0.03%	0.03%
	NARI	C	0.03%	0.08%	0.03%
	NBR	C	0.24%	0.02%	0.02%
	NBTB	B	0.07%	0.07%	0.07%
	NFBK	C	0.15%	0.02%	0.02%
	NGVC	A	0.1%	0.01%	0.01%
	NJR	A	0.3%	0.17%	0.17%
	NKTR	F	0.02%	0.01%	0.01%
	NKTX	F	0.02%	0.01%	0.01%
	NMIH	C	0.33%	0.12%	0.12%
	NOVA	F	0.01%	0.04%	0.01%
	NPAB	F	0.04%	0.13%	0.04%
	NPK	B	0.03%	0.01%	0.01%
	NRIX	C	0.14%	0.05%	0.05%
	NSSC	D	0.04%	0.05%	0.04%
	NTLA	F	0.02%	0.07%	0.02%
	NUVB	C	0.07%	0.02%	0.02%
	NUVL	C	0.04%	0.13%	0.04%
	NVAX	F	0.07%	0.07%	0.07%
	NWBI	B	0.57%	0.06%	0.06%
	NXRT	B	0.04%	0.04%	0.04%
	OABI	F	0.05%	0.01%	0.01%
	ODP	F	0.09%	0.04%	0.04%
	OFG	B	0.15%	0.08%	0.08%
	OI	C	0.21%	0.07%	0.07%
	OIS	B	0.05%	0.01%	0.01%
	ONTF	C	0.02%	0.01%	0.01%
	OPCH	D	0.14%	0.2%	0.14%
	OPEN	F	0.07%	0.05%	0.05%
	ORGO	B	0.05%	0.01%	0.01%
	ORIC	F	0.07%	0.02%	0.02%
	OSCR	D	0.1%	0.15%	0.1%
	OTTR	C	0.11%	0.12%	0.11%
	OUT	A	0.53%	0.1%	0.1%
	PACB	F	0.08%	0.02%	0.02%
	PAHC	C	0.05%	0.02%	0.02%
	PAYO	A	0.65%	0.08%	0.08%
	PBH	A	0.21%	0.13%	0.13%
	PBI	B	0.19%	0.04%	0.04%
	PBYI	C	0.02%	0.0%	0.0%
	PCRX	C	0.08%	0.03%	0.03%
	PCVX	D	0.36%	0.5%	0.36%
	PD	C	0.18%	0.06%	0.06%
	PDCO	F	0.02%	0.06%	0.02%
	PDFS	C	0.24%	0.04%	0.04%
	PECO	A	0.34%	0.17%	0.17%
	PFS	B	0.31%	0.09%	0.09%
	PGC	B	0.07%	0.02%	0.02%
	PGEN	F	0.02%	0.0%	0.0%
	PHR	F	0.29%	0.05%	0.05%
	PJT	A	0.18%	0.12%	0.12%
	PKE	B	0.02%	0.01%	0.01%
	PL	B	0.07%	0.02%	0.02%
	PLAB	C	0.22%	0.06%	0.06%
	PLPC	B	0.25%	0.01%	0.01%
	PLXS	B	0.23%	0.14%	0.14%
	PRAA	D	0.02%	0.03%	0.02%
	PRG	C	0.54%	0.07%	0.07%
	PRGS	A	0.26%	0.11%	0.11%
	PRK	B	0.17%	0.09%	0.09%
	PRLB	B	0.08%	0.03%	0.03%
	PRO	C	0.18%	0.03%	0.03%
	PTCT	B	0.17%	0.1%	0.1%
	PTGX	D	0.08%	0.1%	0.08%
	QLYS	B	0.56%	0.18%	0.18%
	QTRX	F	0.06%	0.02%	0.02%
	QTWO	A	0.8%	0.17%	0.17%
	RAMP	B	0.02%	0.06%	0.02%
	RCKT	F	0.03%	0.04%	0.03%
	RCKY	F	0.02%	0.01%	0.01%
	RDFN	D	0.1%	0.05%	0.05%
	REPL	D	0.07%	0.02%	0.02%
	REPX	A	0.12%	0.01%	0.01%
	REZI	A	0.46%	0.11%	0.11%
	RIG	D	0.01%	0.11%	0.01%
	RLAY	F	0.03%	0.03%	0.03%
	RM	C	0.06%	0.01%	0.01%
	RMAX	C	0.03%	0.01%	0.01%
	RMBS	B	0.19%	0.17%	0.17%
	RNA	C	0.21%	0.18%	0.18%
	RNST	B	0.22%	0.07%	0.07%
	ROCK	C	0.21%	0.08%	0.08%
	RUSHA	C	0.08%	0.12%	0.08%
	RVMD	C	0.26%	0.25%	0.25%
	RVNC	F	0.06%	0.02%	0.02%
	RXO	D	0.06%	0.14%	0.06%
	RXRX	F	0.09%	0.06%	0.06%
	RYTM	C	0.16%	0.11%	0.11%
	SAGE	F	0.05%	0.01%	0.01%
	SAH	C	0.15%	0.03%	0.03%
	SANA	F	0.03%	0.02%	0.02%
	SANM	B	0.39%	0.14%	0.14%
	SBH	C	0.18%	0.05%	0.05%
	SCS	C	0.08%	0.05%	0.05%
	SEM	B	0.07%	0.14%	0.07%
	SFBS	C	0.18%	0.15%	0.15%
	SFL	D	0.02%	0.05%	0.02%
	SFM	A	0.97%	0.41%	0.41%
	SHAK	C	0.23%	0.14%	0.14%
	SHEN	F	0.03%	0.03%	0.03%
	SIGI	C	0.44%	0.21%	0.21%
	SJW	F	0.21%	0.07%	0.07%
	SKT	A	0.11%	0.13%	0.11%
	SKYW	C	0.69%	0.12%	0.12%
	SLG	B	0.13%	0.17%	0.13%
	SLVM	B	0.18%	0.11%	0.11%
	SMMT	D	0.01%	0.07%	0.01%
	SMTC	B	0.19%	0.11%	0.11%
	SNBR	F	0.05%	0.01%	0.01%
	SNDX	F	0.06%	0.06%	0.06%
	SNEX	B	0.25%	0.08%	0.08%
	SPCE	D	0.01%	0.0%	0.0%
	SPNS	F	0.02%	0.04%	0.02%
	SPOK	B	0.02%	0.01%	0.01%
	SPSC	D	0.72%	0.27%	0.27%
	SPT	C	0.08%	0.05%	0.05%
	SRCE	B	0.13%	0.04%	0.04%
	SRRK	C	0.13%	0.02%	0.02%
	SSTK	F	0.08%	0.03%	0.03%
	STBA	B	0.03%	0.06%	0.03%
	STEP	C	0.32%	0.13%	0.13%
	STNE	F	0.03%	0.12%	0.03%
	STNG	F	0.15%	0.12%	0.12%
	STRO	F	0.05%	0.01%	0.01%
	SUPN	C	0.02%	0.06%	0.02%
	SVRA	F	0.02%	0.02%	0.02%
	SWTX	C	0.02%	0.08%	0.02%
	SWX	B	0.31%	0.16%	0.16%
	SXC	A	0.28%	0.03%	0.03%
	SXT	C	0.32%	0.12%	0.12%
	TCBK	C	0.02%	0.05%	0.02%
	TCMD	B	0.08%	0.01%	0.01%
	TDOC	C	0.08%	0.06%	0.06%
	TDS	B	0.17%	0.08%	0.08%
	TENB	C	0.36%	0.18%	0.18%
	TERN	F	0.04%	0.02%	0.02%
	TEX	F	0.34%	0.13%	0.13%
	TGTX	B	0.09%	0.12%	0.09%
	THR	B	0.07%	0.04%	0.04%
	TILE	B	0.22%	0.04%	0.04%
	TMCI	C	0.05%	0.01%	0.01%
	TMHC	C	0.47%	0.26%	0.26%
	TNC	D	0.19%	0.07%	0.07%
	TNDM	D	0.04%	0.1%	0.04%
	TNET	F	0.02%	0.11%	0.02%
	TNYA	D	0.02%	0.0%	0.0%
	TPH	D	0.34%	0.15%	0.15%
	TREE	F	0.06%	0.02%	0.02%
	TRN	B	0.26%	0.1%	0.1%
	TRNO	F	0.28%	0.23%	0.23%
	TRTX	C	0.15%	0.02%	0.02%
	TRUE	C	0.1%	0.01%	0.01%
	TRUP	B	0.12%	0.05%	0.05%
	TSHA	C	0.06%	0.01%	0.01%
	TSVT	F	0.04%	0.01%	0.01%
	TVTX	C	0.16%	0.04%	0.04%
	TWST	F	0.14%	0.1%	0.1%
	UBSI	B	0.19%	0.18%	0.18%
	UCB	A	0.14%	0.13%	0.13%
	UCTT	D	0.37%	0.06%	0.06%
	UEC	B	0.06%	0.09%	0.06%
	UFPI	C	0.03%	0.29%	0.03%
	UHT	D	0.05%	0.02%	0.02%
	UMBF	B	0.34%	0.17%	0.17%
	UNIT	B	0.11%	0.05%	0.05%
	UPBD	B	0.5%	0.06%	0.06%
	URBN	C	0.08%	0.09%	0.08%
	URGN	F	0.01%	0.02%	0.01%
	USLM	A	0.03%	0.04%	0.03%
	UVE	B	0.04%	0.02%	0.02%
	UVSP	B	0.03%	0.03%	0.03%
	VBTX	B	0.09%	0.05%	0.05%
	VCEL	B	0.03%	0.08%	0.03%
	VCYT	B	0.15%	0.1%	0.1%
	VERA	C	0.02%	0.06%	0.02%
	VICR	C	0.35%	0.04%	0.04%
	VMEO	B	0.51%	0.03%	0.03%
	VNDA	C	0.05%	0.01%	0.01%
	VRE	B	0.18%	0.05%	0.05%
	VREX	B	0.29%	0.02%	0.02%
	VRTS	B	0.14%	0.05%	0.05%
	VSCO	C	0.03%	0.07%	0.03%
	VTOL	B	0.1%	0.03%	0.03%
	VYGR	F	0.04%	0.01%	0.01%
	WABC	B	0.21%	0.05%	0.05%
	WEAV	C	0.07%	0.02%	0.02%
	WK	B	0.28%	0.15%	0.15%
	WKC	C	0.14%	0.07%	0.07%
	WMK	C	0.07%	0.04%	0.04%
	WOOF	D	0.3%	0.01%	0.01%
	WS	C	0.13%	0.04%	0.04%
	WSBC	B	0.15%	0.06%	0.06%
	WSBF	C	0.07%	0.01%	0.01%
	WSR	A	0.13%	0.02%	0.02%
	WT	A	0.51%	0.05%	0.05%
	WTS	B	0.39%	0.21%	0.21%
	WVE	C	0.08%	0.02%	0.02%
	XBIT	F	0.01%	0.01%	0.01%
	XNCR	B	0.02%	0.04%	0.02%
	XRX	F	0.18%	0.04%	0.04%
	YELP	C	0.58%	0.08%	0.08%
	YEXT	B	0.28%	0.03%	0.03%
	YMAB	F	0.03%	0.02%	0.02%
	YOU	D	0.32%	0.11%	0.11%
	ZEUS	C	0.12%	0.01%	0.01%
	ZIMV	D	0.02%	0.02%	0.02%
	ZIP	D	0.05%	0.03%	0.03%
	ZNTL	F	0.04%	0.01%	0.01%
	ZUO	B	0.2%	0.04%	0.04%

FESM Overweight 37 Positions Relative to VTWO

	Symbol	Grade	Weight
	EME	A	0.55%
	CVNA	B	0.55%
	FIX	A	0.55%
	MTDR	B	0.51%
	FHI	B	0.5%
	SF	B	0.32%
	ATI	C	0.32%
	COKE	C	0.32%
	LNW	F	0.28%
	PSN	D	0.24%
	EZPW	B	0.23%
	BRC	D	0.12%
	EBS	C	0.09%
	SGMO	C	0.08%
	EGP	D	0.08%
	MEDP	D	0.07%
	HURC	B	0.06%
	ALLK	D	0.05%
	OPY	B	0.05%
	ONTO	F	0.05%
	LPSN	F	0.04%
	TXRH	B	0.04%
	PRTS	C	0.03%
	ACET	F	0.03%
	RLMD	F	0.03%
	UPLD	B	0.02%
	CTMX	F	0.02%
	DOC	C	0.02%
	TSE	F	0.02%
	KPTI	D	0.02%
	BOLT	F	0.01%
	CARA	D	0.01%
	WFRD	D	0.01%
	ALVR	F	0.01%
	ZDGE	F	0.01%
	FGEN	D	0.01%
	ADAP	F	0.01%

FESM Underweight 1232 Positions Relative to VTWO

	Symbol	Grade	Weight
	MLI	B	-0.3%
	SSB	B	-0.27%
	ESNT	F	-0.25%
	MOD	A	-0.25%
	NOVT	D	-0.24%
	HLNE	B	-0.24%
	VRNS	D	-0.23%
	RHP	B	-0.23%
	ONB	C	-0.22%
	COOP	B	-0.22%
	EPRT	B	-0.22%
	NSIT	F	-0.22%
	CBT	D	-0.22%
	CWST	A	-0.22%
	MMS	F	-0.21%
	KRG	B	-0.21%
	EXPO	D	-0.21%
	ZETA	D	-0.2%
	GTLS	A	-0.2%
	TMDX	F	-0.19%
	GPI	B	-0.19%
	SKY	A	-0.19%
	HOMB	A	-0.19%
	ZWS	B	-0.19%
	GBCI	B	-0.19%
	AVAV	C	-0.19%
	RDN	D	-0.19%
	CNX	A	-0.18%
	ABG	C	-0.18%
	MC	C	-0.18%
	POR	C	-0.18%
	PIPR	A	-0.18%
	PI	D	-0.18%
	AVNT	B	-0.17%
	SM	B	-0.17%
	RDNT	B	-0.17%
	BOX	B	-0.17%
	VRRM	F	-0.17%
	IRT	A	-0.17%
	SUM	B	-0.17%
	FELE	B	-0.17%
	MGY	A	-0.16%
	SBRA	C	-0.16%
	ITGR	B	-0.16%
	STRL	A	-0.16%
	SIG	B	-0.16%
	MARA	B	-0.16%
	HRI	C	-0.16%
	KAI	B	-0.15%
	PRMW	C	-0.15%
	ESGR	B	-0.15%
	ASO	F	-0.15%
	ORA	B	-0.15%
	OGS	A	-0.15%
	BKH	A	-0.15%
	ASGN	F	-0.15%
	SLAB	F	-0.14%
	IIPR	D	-0.14%
	SR	A	-0.14%
	CWAN	B	-0.14%
	HASI	D	-0.14%
	KFY	B	-0.14%
	ICUI	D	-0.14%
	VLY	B	-0.14%
	WHD	B	-0.14%
	AEIS	C	-0.14%
	PNM	B	-0.14%
	RUN	F	-0.14%
	NPO	A	-0.13%
	ACLS	F	-0.13%
	GVA	A	-0.13%
	VAL	F	-0.13%
	SGBX	F	-0.13%
	TDW	F	-0.13%
	WDFC	B	-0.13%
	NOG	B	-0.13%
	NHI	D	-0.13%
	NWE	B	-0.13%
	SHOO	F	-0.13%
	BNL	D	-0.13%
	PCH	F	-0.13%
	IDCC	B	-0.13%
	CVCO	A	-0.13%
	GMS	B	-0.13%
	POWI	F	-0.13%
	LRN	A	-0.13%
	GLNG	C	-0.13%
	WD	D	-0.13%
	NEOG	F	-0.13%
	SITM	B	-0.12%
	ALIT	C	-0.12%
	NSP	F	-0.12%
	EBC	B	-0.12%
	ENV	B	-0.12%
	SMPL	B	-0.12%
	PBF	D	-0.12%
	CBZ	B	-0.12%
	ASB	B	-0.12%
	IBOC	B	-0.12%
	EVH	F	-0.12%
	BXMT	C	-0.12%
	HCC	B	-0.12%
	TCBI	C	-0.12%
	MGEE	B	-0.12%
	ESE	B	-0.12%
	CCOI	B	-0.12%
	BTU	B	-0.12%
	RKLB	A	-0.12%
	APLE	B	-0.12%
	PRCT	B	-0.12%
	ABR	C	-0.11%
	CCS	D	-0.11%
	LXP	D	-0.11%
	DORM	B	-0.11%
	PTEN	C	-0.11%
	LCII	C	-0.11%
	UNF	B	-0.11%
	ROAD	B	-0.11%
	ACVA	B	-0.11%
	WSFS	B	-0.11%
	SATS	D	-0.11%
	SYNA	C	-0.11%
	AVA	A	-0.11%
	PFSI	C	-0.11%
	PATK	C	-0.11%
	UPST	B	-0.11%
	LBRT	D	-0.11%
	PRIM	A	-0.11%
	ATKR	D	-0.11%
	CWK	C	-0.11%
	JBT	B	-0.11%
	PLUS	F	-0.1%
	AMR	C	-0.1%
	GRBK	D	-0.1%
	VC	F	-0.1%
	UE	B	-0.1%
	PRFT	B	-0.1%
	JJSF	C	-0.1%
	CNS	B	-0.1%
	DOCN	C	-0.1%
	CARG	B	-0.1%
	BUR	C	-0.1%
	SFNC	C	-0.1%
	TBBK	B	-0.1%
	RRR	F	-0.1%
	HGV	C	-0.1%
	TGNA	B	-0.1%
	FCPT	C	-0.1%
	BKU	A	-0.1%
	APAM	B	-0.1%
	CPK	A	-0.1%
	HUBG	A	-0.1%
	SQSP	A	-0.1%
	IOSP	C	-0.1%
	ATGE	B	-0.1%
	DEI	B	-0.1%
	PLMR	A	-0.09%
	TOWN	B	-0.09%
	WAFD	B	-0.09%
	IPAR	B	-0.09%
	KWR	C	-0.09%
	BFH	C	-0.09%
	FRSH	B	-0.09%
	WERN	C	-0.09%
	VSH	F	-0.09%
	HTLF	B	-0.09%
	PPBI	C	-0.09%
	AKR	B	-0.09%
	AZZ	A	-0.09%
	ARCH	B	-0.09%
	FIBK	B	-0.09%
	KLIC	B	-0.09%
	AGYS	A	-0.09%
	OSIS	A	-0.09%
	RPD	B	-0.09%
	SGRY	F	-0.09%
	LGIH	F	-0.09%
	ASTH	F	-0.09%
	OII	B	-0.09%
	ARCB	C	-0.09%
	MGRC	B	-0.09%
	BANR	B	-0.08%
	BANC	B	-0.08%
	JBLU	F	-0.08%
	AI	B	-0.08%
	KMT	B	-0.08%
	STRA	C	-0.08%
	NATL	B	-0.08%
	POWL	C	-0.08%
	NMRK	C	-0.08%
	INSW	F	-0.08%
	VERX	A	-0.08%
	IBTX	B	-0.08%
	SHO	D	-0.08%
	BE	B	-0.08%
	JOE	F	-0.08%
	CSTM	F	-0.08%
	RIOT	C	-0.08%
	BRZE	C	-0.08%
	ROG	D	-0.08%
	SXI	B	-0.08%
	CLSK	C	-0.08%
	ENVA	B	-0.08%
	FL	F	-0.08%
	EVTC	B	-0.08%
	VGR	B	-0.08%
	ZD	B	-0.08%
	MIR	A	-0.08%
	LAUR	A	-0.08%
	DBRG	F	-0.08%
	SBCF	B	-0.08%
	VCTR	B	-0.08%
	CALX	D	-0.08%
	ENR	B	-0.08%
	VSTO	A	-0.08%
	UFPT	C	-0.08%
	PSMT	D	-0.08%
	RXST	F	-0.07%
	EPC	F	-0.07%
	PZZA	F	-0.07%
	PRM	C	-0.07%
	LZB	B	-0.07%
	DRH	B	-0.07%
	STAA	F	-0.07%
	VECO	F	-0.07%
	TTMI	C	-0.07%
	GOLF	B	-0.07%
	ALG	B	-0.07%
	PRVA	C	-0.07%
	B	A	-0.07%
	NEO	C	-0.07%
	KOS	D	-0.07%
	PAR	A	-0.07%
	EFSC	B	-0.07%
	IVT	A	-0.07%
	TRMK	C	-0.07%
	ROIC	A	-0.07%
	HI	C	-0.07%
	CAKE	C	-0.07%
	GPOR	B	-0.07%
	VYX	B	-0.07%
	CABO	B	-0.07%
	VIAV	C	-0.07%
	OMCL	C	-0.07%
	PHIN	A	-0.07%
	THS	D	-0.07%
	GSHD	A	-0.07%
	JOBY	B	-0.07%
	ADNT	F	-0.07%
	STC	B	-0.07%
	MRCY	C	-0.07%
	NTCT	C	-0.06%
	XHR	B	-0.06%
	SKWD	A	-0.06%
	SONO	C	-0.06%
	MIRM	B	-0.06%
	AMC	C	-0.06%
	TALO	C	-0.06%
	TGLS	B	-0.06%
	VRNT	C	-0.06%
	ELME	D	-0.06%
	NWN	A	-0.06%
	NBHC	C	-0.06%
	MODG	F	-0.06%
	GBX	A	-0.06%
	KN	B	-0.06%
	HEES	C	-0.06%
	NHC	C	-0.06%
	GTY	A	-0.06%
	GEF	A	-0.06%
	LTC	B	-0.06%
	PEB	D	-0.06%
	HLIO	B	-0.06%
	SYBT	B	-0.06%
	HE	C	-0.06%
	PTON	A	-0.06%
	ARDX	F	-0.06%
	AMN	F	-0.06%
	NNI	D	-0.06%
	ASPN	F	-0.06%
	PAGS	F	-0.06%
	GOGL	F	-0.06%
	XPRO	D	-0.06%
	CENTA	C	-0.06%
	ANDE	D	-0.06%
	LOB	C	-0.06%
	IESC	C	-0.06%
	WGO	C	-0.06%
	SCL	C	-0.06%
	CASH	B	-0.06%
	OSW	B	-0.06%
	NVCR	C	-0.06%
	FBNC	B	-0.06%
	MNKD	C	-0.06%
	PLUG	F	-0.06%
	MYRG	B	-0.06%
	GNL	F	-0.06%
	DFIN	D	-0.06%
	KROS	D	-0.06%
	NTB	B	-0.06%
	CHCO	B	-0.06%
	AGM	B	-0.06%
	MLKN	F	-0.06%
	KNTK	A	-0.06%
	TROX	D	-0.06%
	WLY	B	-0.06%
	MGNI	B	-0.06%
	FOXF	F	-0.06%
	TFIN	B	-0.06%
	CGON	F	-0.06%
	NX	C	-0.05%
	NAVI	F	-0.05%
	RC	D	-0.05%
	PMT	C	-0.05%
	PDM	D	-0.05%
	LC	A	-0.05%
	LPG	F	-0.05%
	AGX	B	-0.05%
	KW	C	-0.05%
	USPH	B	-0.05%
	NIC	B	-0.05%
	JANX	C	-0.05%
	UMH	B	-0.05%
	UVV	B	-0.05%
	NTST	C	-0.05%
	AIV	C	-0.05%
	OXM	F	-0.05%
	UPWK	B	-0.05%
	WOR	F	-0.05%
	BLMN	F	-0.05%
	VSEC	C	-0.05%
	ARI	C	-0.05%
	NVEE	F	-0.05%
	INMD	C	-0.05%
	LNN	B	-0.05%
	OCUL	D	-0.05%
	JELD	F	-0.05%
	BKE	B	-0.05%
	SOUN	B	-0.05%
	DNOW	B	-0.05%
	INFN	D	-0.05%
	CUBI	B	-0.05%
	DAN	D	-0.05%
	SABR	C	-0.05%
	SASR	B	-0.05%
	WWW	A	-0.05%
	TNK	F	-0.05%
	CXW	C	-0.05%
	ALEX	B	-0.05%
	RLJ	C	-0.05%
	ALKT	B	-0.05%
	HELE	C	-0.05%
	SPNT	B	-0.05%
	PGNY	F	-0.05%
	NGVT	B	-0.05%
	WRBY	A	-0.05%
	VRDN	D	-0.05%
	ENVX	F	-0.05%
	JBI	F	-0.05%
	HMN	B	-0.05%
	REVG	C	-0.05%
	HOPE	C	-0.05%
	AMWD	C	-0.05%
	PRDO	B	-0.05%
	CTS	C	-0.05%
	THRM	F	-0.05%
	JBGS	F	-0.05%
	CHEF	A	-0.05%
	VSAT	F	-0.05%
	AESI	B	-0.05%
	DHT	F	-0.05%
	HTH	C	-0.05%
	SBSI	C	-0.04%
	SHLS	F	-0.04%
	IRON	B	-0.04%
	APLD	B	-0.04%
	UTL	B	-0.04%
	LFST	B	-0.04%
	FSLY	D	-0.04%
	FBMS	B	-0.04%
	MD	C	-0.04%
	DGII	C	-0.04%
	UNFI	A	-0.04%
	PARR	F	-0.04%
	AUPH	B	-0.04%
	ERII	D	-0.04%
	CDRE	F	-0.04%
	VZIO	A	-0.04%
	PFBC	B	-0.04%
	CBRL	C	-0.04%
	QNST	B	-0.04%
	FA	C	-0.04%
	DFH	D	-0.04%
	BZH	C	-0.04%
	HOV	D	-0.04%
	WTTR	A	-0.04%
	RWT	D	-0.04%
	PNTG	D	-0.04%
	CMCO	C	-0.04%
	ATEN	A	-0.04%
	DCOM	B	-0.04%
	OEC	C	-0.04%
	CWH	B	-0.04%
	CRK	B	-0.04%
	ACMR	D	-0.04%
	SDGR	C	-0.04%
	TRS	B	-0.04%
	EVRI	A	-0.04%
	PEBO	B	-0.04%
	ICHR	C	-0.04%
	EFC	C	-0.04%
	ACT	C	-0.04%
	INVA	D	-0.04%
	OCFC	B	-0.04%
	FBRT	D	-0.04%
	CNNE	B	-0.04%
	LBPH	A	-0.04%
	IMKTA	C	-0.04%
	TRNS	D	-0.04%
	XPEL	B	-0.04%
	WULF	C	-0.04%
	CARS	C	-0.04%
	GABC	B	-0.04%
	WINA	C	-0.04%
	ECPG	C	-0.04%
	PLAY	D	-0.04%
	KLG	B	-0.04%
	CAL	F	-0.04%
	AHCO	F	-0.04%
	VITL	D	-0.04%
	KFRC	D	-0.04%
	UTZ	D	-0.04%
	MSEX	C	-0.04%
	KALU	C	-0.04%
	PCT	C	-0.04%
	MSGE	F	-0.04%
	TPC	C	-0.04%
	SCSC	C	-0.04%
	MGPI	F	-0.04%
	OMI	F	-0.04%
	EIG	B	-0.04%
	COHU	C	-0.04%
	SAVA	C	-0.04%
	SAFT	B	-0.04%
	HRMY	D	-0.04%
	TARS	C	-0.04%
	AGL	F	-0.04%
	QCRH	B	-0.04%
	AMRC	F	-0.04%
	LILAK	D	-0.04%
	DOLE	D	-0.04%
	RGR	F	-0.03%
	IBUY	B	-0.03%
	MATW	C	-0.03%
	GLDD	B	-0.03%
	SMP	C	-0.03%
	CIFR	C	-0.03%
	ACHR	B	-0.03%
	SWI	C	-0.03%
	UDMY	D	-0.03%
	IE	C	-0.03%
	PRTA	F	-0.03%
	REX	D	-0.03%
	SPRY	C	-0.03%
	AHH	D	-0.03%
	HLF	C	-0.03%
	DAWN	D	-0.03%
	INN	D	-0.03%
	CFFN	C	-0.03%
	PTLO	F	-0.03%
	ASTE	C	-0.03%
	FCBC	C	-0.03%
	EU	D	-0.03%
	VVI	C	-0.03%
	RPAY	D	-0.03%
	TMP	B	-0.03%
	CSTL	D	-0.03%
	TPB	B	-0.03%
	SCHL	F	-0.03%
	HFWA	C	-0.03%
	NAT	F	-0.03%
	KOP	C	-0.03%
	IMNM	F	-0.03%
	HAYN	A	-0.03%
	SVC	F	-0.03%
	CFB	B	-0.03%
	SPTN	D	-0.03%
	HZO	F	-0.03%
	DESP	B	-0.03%
	CYH	F	-0.03%
	PRA	C	-0.03%
	VTLE	C	-0.03%
	HAIN	D	-0.03%
	XMTR	B	-0.03%
	ASIX	B	-0.03%
	LEU	C	-0.03%
	AMRK	F	-0.03%
	FLNG	C	-0.03%
	IAS	C	-0.03%
	HSII	B	-0.03%
	SCVL	F	-0.03%
	MBUU	B	-0.03%
	CVI	F	-0.03%
	ECVT	C	-0.03%
	GDYN	B	-0.03%
	MBIN	F	-0.03%
	APLT	C	-0.03%
	EMBC	C	-0.03%
	NVRI	D	-0.03%
	HCSG	C	-0.03%
	RSI	A	-0.03%
	GNK	D	-0.03%
	BHRB	B	-0.03%
	ATSG	B	-0.03%
	PFC	B	-0.03%
	RCUS	F	-0.03%
	PETQ	A	-0.03%
	FG	A	-0.03%
	MEG	F	-0.03%
	WNC	C	-0.03%
	EYE	C	-0.03%
	BELFB	C	-0.03%
	DRVN	B	-0.03%
	ALGT	B	-0.03%
	MNRO	D	-0.03%
	CENX	B	-0.03%
	CGEM	F	-0.03%
	BLND	A	-0.03%
	DLX	B	-0.03%
	CLB	B	-0.03%
	BXC	B	-0.03%
	IMAX	B	-0.03%
	FIGS	F	-0.03%
	BLX	B	-0.03%
	FWRD	D	-0.03%
	BRKL	B	-0.03%
	FMBH	B	-0.03%
	BFC	B	-0.03%
	ELVN	D	-0.03%
	GSAT	C	-0.03%
	BLFS	C	-0.03%
	CNOB	B	-0.03%
	PGRE	F	-0.03%
	PLYM	F	-0.03%
	BV	C	-0.03%
	JACK	C	-0.03%
	DHC	F	-0.03%
	MATV	D	-0.03%
	MRVI	F	-0.03%
	SMR	B	-0.03%
	DNUT	F	-0.03%
	BDN	C	-0.03%
	MMI	C	-0.03%
	ASAN	B	-0.03%
	TGI	B	-0.03%
	OBK	C	-0.03%
	DX	B	-0.03%
	RVLV	A	-0.03%
	MNMD	C	-0.02%
	DMRC	B	-0.02%
	CLDT	B	-0.02%
	BIGC	B	-0.02%
	BALY	B	-0.02%
	AURA	C	-0.02%
	CMP	C	-0.02%
	MOFG	B	-0.02%
	FUBO	D	-0.02%
	BTBT	C	-0.02%
	CTO	B	-0.02%
	MEI	F	-0.02%
	SHYF	C	-0.02%
	CCSI	C	-0.02%
	DHIL	B	-0.02%
	WLFC	B	-0.02%
	AVXL	B	-0.02%
	LXU	B	-0.02%
	SHBI	B	-0.02%
	CTLP	B	-0.02%
	CCRN	F	-0.02%
	PFIS	A	-0.02%
	NWPX	A	-0.02%
	OLP	B	-0.02%
	USNA	C	-0.02%
	PX	A	-0.02%
	STOK	F	-0.02%
	BBW	C	-0.02%
	LMNR	B	-0.02%
	UFCS	A	-0.02%
	RUSHB	C	-0.02%
	FLGT	F	-0.02%
	TWKS	B	-0.02%
	SNCY	C	-0.02%
	BFS	C	-0.02%
	CRMD	C	-0.02%
	KIDS	D	-0.02%
	CSV	B	-0.02%
	MPB	B	-0.02%
	ANET	C	-0.02%
	INOD	B	-0.02%
	GTN	F	-0.02%
	FPI	B	-0.02%
	ESQ	B	-0.02%
	BHB	C	-0.02%
	CLW	F	-0.02%
	SMBK	B	-0.02%
	FC	F	-0.02%
	GOGO	C	-0.02%
	IBTA	C	-0.02%
	PTVE	B	-0.02%
	ENFN	B	-0.02%
	LAND	F	-0.02%
	CLBK	C	-0.02%
	CLFD	F	-0.02%
	AIOT	B	-0.02%
	AROW	B	-0.02%
	FWRG	C	-0.02%
	TYRA	F	-0.02%
	CVGW	D	-0.02%
	OLMA	F	-0.02%
	KRUS	B	-0.02%
	RGNX	D	-0.02%
	GCMG	B	-0.02%
	IIIV	C	-0.02%
	OPK	C	-0.02%
	AMBC	C	-0.02%
	RDUS	B	-0.02%
	LQDT	B	-0.02%
	LASR	D	-0.02%
	CHCT	C	-0.02%
	TIPT	C	-0.02%
	GSBC	C	-0.02%
	FSBC	C	-0.02%
	CCNE	C	-0.02%
	HONE	C	-0.02%
	PKST	F	-0.02%
	HTBI	B	-0.02%
	NRDS	C	-0.02%
	THFF	B	-0.02%
	NBN	C	-0.02%
	SLP	D	-0.02%
	ACCO	C	-0.02%
	INST	B	-0.02%
	WLDN	C	-0.02%
	OLO	A	-0.02%
	TK	D	-0.02%
	OFIX	C	-0.02%
	EVER	D	-0.02%
	AAOI	B	-0.02%
	CLNE	F	-0.02%
	REAX	D	-0.02%
	YORW	F	-0.02%
	CHPT	F	-0.02%
	SMBC	B	-0.02%
	SRDX	B	-0.02%
	MAX	F	-0.02%
	RES	D	-0.02%
	SGHC	A	-0.02%
	RBCAA	B	-0.02%
	WASH	C	-0.02%
	FDMT	F	-0.02%
	NEXT	C	-0.02%
	RYAM	C	-0.02%
	FMNB	B	-0.02%
	THRY	D	-0.02%
	SRCL	B	-0.02%
	AVO	C	-0.02%
	HAFC	B	-0.02%
	RYI	C	-0.02%
	NNBR	C	-0.02%
	CEVA	B	-0.02%
	CASS	C	-0.02%
	MCBS	B	-0.02%
	CCO	C	-0.02%
	ARKO	C	-0.02%
	SIBN	F	-0.02%
	LESL	D	-0.02%
	NTGR	B	-0.02%
	SEMR	C	-0.02%
	HTLD	C	-0.02%
	NR	B	-0.02%
	CBL	B	-0.02%
	ATEC	C	-0.02%
	LQDA	F	-0.02%
	IIIN	C	-0.02%
	IMXI	B	-0.02%
	EQBK	B	-0.02%
	HTBK	B	-0.02%
	SWBI	C	-0.02%
	EGY	D	-0.02%
	ACEL	C	-0.02%
	CAC	C	-0.02%
	CCB	A	-0.02%
	STGW	A	-0.02%
	MCW	C	-0.02%
	PAX	C	-0.02%
	TRST	B	-0.02%
	BFST	C	-0.02%
	BMBL	C	-0.02%
	FOR	F	-0.02%
	BJRI	C	-0.02%
	PHAT	F	-0.02%
	EBF	F	-0.02%
	LPRO	B	-0.02%
	GDOT	D	-0.02%
	PUBM	C	-0.02%
	PLOW	D	-0.02%
	TTGT	B	-0.02%
	AMTB	B	-0.02%
	OSPN	A	-0.02%
	ARHS	F	-0.02%
	MTUS	C	-0.02%
	CNDT	C	-0.02%
	PLRX	D	-0.02%
	GDEN	B	-0.02%
	CMTG	F	-0.02%
	UTI	B	-0.02%
	CHUY	B	-0.02%
	GOOD	B	-0.02%
	HPP	F	-0.02%
	ANAB	F	-0.02%
	INDI	C	-0.02%
	BBUC	C	-0.02%
	ORRF	B	-0.02%
	KELYA	F	-0.02%
	IBCP	B	-0.02%
	HCKT	B	-0.02%
	MLAB	F	-0.02%
	EGBN	B	-0.02%
	VIR	D	-0.02%
	HBNC	B	-0.02%
	CMRE	C	-0.02%
	DJCO	B	-0.02%
	MLR	C	-0.02%
	PUMP	C	-0.02%
	OSBC	A	-0.02%
	STTK	F	-0.01%
	JILL	C	-0.01%
	QRHC	D	-0.01%
	CLAR	D	-0.01%
	BBCP	D	-0.01%
	CADL	F	-0.01%
	TWIN	F	-0.01%
	VRA	C	-0.01%
	ESCA	B	-0.01%
	MDWD	D	-0.01%
	HFFG	C	-0.01%
	QUAD	C	-0.01%
	BSVN	B	-0.01%
	GWRS	B	-0.01%
	STRS	B	-0.01%
	BBAI	C	-0.01%
	FF	F	-0.01%
	RELL	B	-0.01%
	FRGE	F	-0.01%
	BTMD	B	-0.01%
	ACDC	B	-0.01%
	SMID	B	-0.01%
	VIRC	B	-0.01%
	MFIN	B	-0.01%
	RDW	A	-0.01%
	MHLD	D	-0.01%
	RSVR	B	-0.01%
	DXLG	D	-0.01%
	MODV	C	-0.01%
	FFNW	C	-0.01%
	ATLO	C	-0.01%
	MBI	B	-0.01%
	GPMT	C	-0.01%
	CHMG	B	-0.01%
	AEYE	C	-0.01%
	USCB	B	-0.01%
	MYFW	B	-0.01%
	ESSA	B	-0.01%
	PLL	C	-0.01%
	DC	D	-0.01%
	MGTX	C	-0.01%
	EPM	A	-0.01%
	ACHV	F	-0.01%
	RXT	C	-0.01%
	SAMG	B	-0.01%
	FLL	C	-0.01%
	BLNK	F	-0.01%
	EML	D	-0.01%
	TCX	D	-0.01%
	PVBC	B	-0.01%
	MLP	B	-0.01%
	ASLE	C	-0.01%
	GPRO	F	-0.01%
	JOUT	F	-0.01%
	BLDE	C	-0.01%
	FSP	B	-0.01%
	AFCG	D	-0.01%
	LAW	F	-0.01%
	DSP	A	-0.01%
	NKSH	C	-0.01%
	IBEX	B	-0.01%
	GAMB	A	-0.01%
	NATR	C	-0.01%
	CTOS	B	-0.01%
	ACTG	D	-0.01%
	SEVN	C	-0.01%
	ORN	B	-0.01%
	ZURA	F	-0.01%
	OFLX	D	-0.01%
	VEL	A	-0.01%
	PESI	B	-0.01%
	BRCC	F	-0.01%
	CDXC	B	-0.01%
	KRT	B	-0.01%
	PYXS	D	-0.01%
	NNBR	C	-0.01%
	STHO	F	-0.01%
	LXRX	F	-0.01%
	ISTR	B	-0.01%
	ALTG	C	-0.01%
	FET	F	-0.01%
	OVLY	B	-0.01%
	BCBP	B	-0.01%
	RGCO	B	-0.01%
	OB	B	-0.01%
	RNGR	A	-0.01%
	LFMD	D	-0.01%
	TTSH	F	-0.01%
	FCEL	B	-0.01%
	BWFG	B	-0.01%
	IHRT	B	-0.01%
	CTV	A	-0.01%
	ATOS	F	-0.01%
	HOFT	B	-0.01%
	LCNB	B	-0.01%
	TG	D	-0.01%
	TLS	D	-0.01%
	VABK	B	-0.01%
	TRVI	F	-0.01%
	JRVR	F	-0.01%
	BRT	A	-0.01%
	ATLC	A	-0.01%
	PSTX	D	-0.01%
	CTGO	D	-0.01%
	NWFL	C	-0.01%
	ALCO	D	-0.01%
	HPK	B	-0.01%
	NVRO	F	-0.01%
	SGC	C	-0.01%
	INSE	C	-0.01%
	BHR	C	-0.01%
	NXDT	F	-0.01%
	SLDP	F	-0.01%
	PCB	B	-0.01%
	NGS	B	-0.01%
	FLWS	D	-0.01%
	WEYS	C	-0.01%
	JAKK	C	-0.01%
	MBCN	C	-0.01%
	FORR	C	-0.01%
	TPIC	F	-0.01%
	CABA	F	-0.01%
	GNE	F	-0.01%
	BLFY	B	-0.01%
	WTI	F	-0.01%
	LNZA	F	-0.01%
	XOMA	C	-0.01%
	FVCB	B	-0.01%
	SERA	F	-0.01%
	ASUR	C	-0.01%
	MITT	D	-0.01%
	BARK	C	-0.01%
	GENC	C	-0.01%
	TRAK	B	-0.01%
	GCBC	C	-0.01%
	GLUE	C	-0.01%
	PRME	F	-0.01%
	PKBK	A	-0.01%
	EVCM	B	-0.01%
	SGHT	F	-0.01%
	LYEL	F	-0.01%
	LSEA	D	-0.01%
	OMER	A	-0.01%
	PCYO	A	-0.01%
	UTMD	F	-0.01%
	FULC	F	-0.01%
	MVBF	C	-0.01%
	NATH	C	-0.01%
	ULCC	D	-0.01%
	PANL	F	-0.01%
	TSBK	A	-0.01%
	PLBC	A	-0.01%
	CIO	C	-0.01%
	DGICA	A	-0.01%
	PINE	C	-0.01%
	RLGT	B	-0.01%
	GRPN	F	-0.01%
	PBPB	C	-0.01%
	EWCZ	F	-0.01%
	INGN	C	-0.01%
	APEI	B	-0.01%
	SMHI	F	-0.01%
	FDBC	C	-0.01%
	FHTX	C	-0.01%
	MG	D	-0.01%
	MVIS	F	-0.01%
	HNRG	B	-0.01%
	TBI	F	-0.01%
	REI	D	-0.01%
	CBNK	B	-0.01%
	DH	F	-0.01%
	CRMT	D	-0.01%
	RRBI	A	-0.01%
	AMPS	C	-0.01%
	UNTY	B	-0.01%
	LE	D	-0.01%
	BCML	B	-0.01%
	FRST	B	-0.01%
	JMSB	C	-0.01%
	SKYT	D	-0.01%
	AVNW	F	-0.01%
	IRBT	F	-0.01%
	IGMS	F	-0.01%
	HBB	F	-0.01%
	SFIX	B	-0.01%
	BOOM	F	-0.01%
	OCGN	F	-0.01%
	BLZE	F	-0.01%
	ADCT	F	-0.01%
	SSBK	B	-0.01%
	AMPY	C	-0.01%
	COFS	A	-0.01%
	TH	C	-0.01%
	CBAN	B	-0.01%
	HEAR	D	-0.01%
	SFST	B	-0.01%
	IPI	C	-0.01%
	PKOH	C	-0.01%
	REFI	A	-0.01%
	SAVE	F	-0.01%
	WOW	C	-0.01%
	PFMT	F	-0.01%
	CZFS	B	-0.01%
	ALDX	D	-0.01%
	IMMR	C	-0.01%
	MEC	F	-0.01%
	THRD	F	-0.01%
	INZY	F	-0.01%
	AVAH	B	-0.01%
	KRO	C	-0.01%
	ITOS	F	-0.01%
	ACIC	B	-0.01%
	OUST	C	-0.01%
	SWIM	C	-0.01%
	RCEL	B	-0.01%
	CIVB	B	-0.01%
	VLGEA	C	-0.01%
	FLIC	B	-0.01%
	GNTY	A	-0.01%
	LRMR	D	-0.01%
	AMCX	C	-0.01%
	BMEA	F	-0.01%
	ACCD	D	-0.01%
	BWB	B	-0.01%
	INBK	B	-0.01%
	PACK	B	-0.01%
	HBT	B	-0.01%
	OOMA	B	-0.01%
	FNLC	C	-0.01%
	MOV	D	-0.01%
	ONEW	F	-0.01%
	KODK	B	-0.01%
	TITN	C	-0.01%
	HMST	F	-0.01%
	NEWT	C	-0.01%
	SLQT	C	-0.01%
	SENEA	A	-0.01%
	CZNC	C	-0.01%
	BYRN	B	-0.01%
	GRND	A	-0.01%
	RBBN	C	-0.01%
	APPS	F	-0.01%
	ULH	C	-0.01%
	TBPH	B	-0.01%
	XPOF	C	-0.01%
	GCO	C	-0.01%
	FSBW	C	-0.01%
	LAZR	D	-0.01%
	TCBX	B	-0.01%
	MTRX	B	-0.01%
	OBT	C	-0.01%
	LEGH	D	-0.01%
	SRI	F	-0.01%
	MCFT	C	-0.01%
	GHM	A	-0.01%
	WTBA	B	-0.01%
	REAL	B	-0.01%
	AAN	B	-0.01%
	OSUR	F	-0.01%
	NAPA	A	-0.01%
	DBI	F	-0.01%
	METC	C	-0.01%
	ILPT	F	-0.01%
	HBCP	C	-0.01%
	CRSR	C	-0.01%
	ESPR	B	-0.01%
	LINC	C	-0.01%
	RDVT	A	-0.01%
	GRNT	B	-0.01%
	SB	F	-0.01%
	VPG	F	-0.01%
	SIGA	F	-0.01%
	RGP	F	-0.01%
	LUNG	F	-0.01%
	FNA	B	-0.01%
	PSTL	D	-0.01%
	EBTC	C	-0.01%
	LILA	D	-0.01%
	FRBA	D	-0.01%
	BWMN	C	-0.01%
	BMRC	B	-0.01%
	PLSE	C	-0.01%
	ITIC	A	-0.01%
	DENN	D	-0.01%
	NECB	C	-0.01%
	OLPX	D	-0.01%
	CRCT	F	-0.01%
	LIND	C	-0.01%
	NNOX	C	-0.01%
	LWLG	D	-0.01%
	USAP	B	-0.01%
	MTW	C	-0.01%
	ODC	B	-0.01%
	DCGO	B	-0.01%
	EAF	C	-0.01%
	CMPO	B	-0.01%
	GEF	A	-0.01%
	MNTK	F	-0.01%
	VERV	F	-0.01%
	MLYS	F	-0.01%
	LOCO	D	-0.01%
	LGTY	C	-0.01%
	ZUMZ	B	-0.01%
	NRC	F	-0.01%
	CYRX	F	-0.01%
	CENT	C	-0.01%
	FMAO	B	-0.01%
	LXFR	C	-0.01%
	AEHR	F	-0.01%
	CNSL	C	-0.01%
	BCAL	B	-0.01%
	ALLO	F	-0.01%
	PPTA	C	-0.01%
	MCS	B	-0.01%
	DDD	C	-0.01%
	ACNB	B	-0.01%
	FBIZ	B	-0.01%
	IAUX	F	-0.01%
	FARO	C	-0.01%
	ADV	D	-0.01%
	TRC	F	-0.01%
	NUS	D	-0.01%
	BOC	C	-0.01%
	HDSN	F	-0.01%
	AQST	D	-0.01%
	NRIM	A	-0.01%
	UIS	B	-0.01%
	ACRE	B	-0.01%
	HIFS	C	-0.01%
	KRNY	C	-0.01%
	GLRE	B	-0.01%
	RICK	B	-0.01%
	NVEC	B	-0.01%
	RBB	B	-0.01%
	CAPR	C	-0.01%
	TTI	B	-0.01%
	ATEX	F	-0.01%
	FFWM	C	-0.01%
	BRY	F	-0.01%
	RMR	F	-0.01%
	SD	D	-0.01%
	HVT	D	-0.01%
	TRDA	C	-0.01%
	CARE	C	-0.01%
	FRPH	B	-0.01%
	EYPT	D	-0.01%
	CELC	F	-0.01%
	SPFI	C	-0.01%
	XERS	C	-0.01%
	FFIC	B	-0.01%
	MITK	C	-0.01%
	DSGR	C	-0.01%
	BYND	F	-0.01%
	HTZ	C	-0.01%
	TWI	F	-0.01%
	LOVE	A	-0.01%
	WRLD	C	-0.01%
	IRMD	C	-0.01%
	ALRS	D	-0.01%
	QRTEB	F	-0.0%
	PWSC	C	-0.0%
	LYRA	F	-0.0%
	VGAS	B	-0.0%
	AMPX	C	-0.0%
	RENB	F	-0.0%
	ARL	D	-0.0%
	SST	F	-0.0%
	PRLD	F	-0.0%
	VRCA	F	-0.0%
	ELEV	D	-0.0%
	TCI	D	-0.0%
	VALU	C	-0.0%
	LLAP	F	-0.0%
	CIX	D	-0.0%
	GOCO	C	-0.0%
	GMGI	C	-0.0%
	CURV	D	-0.0%
	STEM	F	-0.0%
	HLVX	F	-0.0%
	METCB	F	-0.0%
	GALT	C	-0.0%
	ATNM	F	-0.0%
	PRPL	F	-0.0%
	SWKH	F	-0.0%
	RAPT	F	-0.0%
	ALXO	F	-0.0%
	NL	B	-0.0%
	BKSY	B	-0.0%
	GOEV	F	-0.0%
	HOWL	F	-0.0%
	VTSI	C	-0.0%
	TDUP	C	-0.0%
	AIRS	C	-0.0%
	CLPR	D	-0.0%
	OVID	F	-0.0%
	NRDY	C	-0.0%
	AKYA	F	-0.0%
	INMB	F	-0.0%
	MAPS	B	-0.0%
	EP	C	-0.0%
	TLYS	F	-0.0%
	EEX	C	-0.0%
	RMBL	B	-0.0%
	STKS	F	-0.0%
	HQI	B	-0.0%
	IPSC	F	-0.0%
	DLHC	F	-0.0%
	CPSS	B	-0.0%
	VHI	D	-0.0%
	LCUT	F	-0.0%
	MASS	F	-0.0%
	ACRV	F	-0.0%
	AMTX	C	-0.0%
	SES	F	-0.0%
	REKR	F	-0.0%
	MPX	C	-0.0%
	GLSI	F	-0.0%
	QBTS	B	-0.0%
	SCWO	F	-0.0%
	QSI	C	-0.0%
	WALD	F	-0.0%
	ULBI	F	-0.0%
	PNRG	A	-0.0%
	CSTE	F	-0.0%
	NPCE	C	-0.0%
	SBT	C	-0.0%
	EGAN	C	-0.0%
	EVEX	D	-0.0%
	NTIC	B	-0.0%
	RMNI	C	-0.0%
	EVI	F	-0.0%
	TUSK	F	-0.0%
	RGLS	F	-0.0%
	NRGV	C	-0.0%
	BLUE	F	-0.0%
	VERU	F	-0.0%
	ABOS	F	-0.0%
	CRDF	F	-0.0%
	QUIK	F	-0.0%
	KFS	B	-0.0%
	RILY	F	-0.0%
	SKIN	D	-0.0%
	CVGI	F	-0.0%
	FREY	B	-0.0%
	HBIO	F	-0.0%
	PEBK	B	-0.0%
	RGTI	B	-0.0%
	STXS	C	-0.0%
	DIBS	F	-0.0%
	SMLR	B	-0.0%
	XFOR	F	-0.0%
	INNV	F	-0.0%
	SSTI	C	-0.0%
	TTEC	F	-0.0%
	MRAM	D	-0.0%
	NC	B	-0.0%
	III	C	-0.0%
	CVRX	C	-0.0%
	FENC	D	-0.0%
	BH	B	-0.0%
	LWAY	C	-0.0%
	PRCH	B	-0.0%
	TAYD	D	-0.0%
	CTRN	F	-0.0%
	QIPT	F	-0.0%
	GRWG	D	-0.0%
	OBIO	C	-0.0%
	SMTI	B	-0.0%
	PAYS	F	-0.0%
	GBIO	F	-0.0%
	PRTH	B	-0.0%
	NODK	A	-0.0%
	AOMR	F	-0.0%
	JYNT	C	-0.0%
	ZYXI	D	-0.0%
	SKYH	C	-0.0%
	COOK	D	-0.0%
	CDZI	C	-0.0%
	EVC	C	-0.0%
	NREF	A	-0.0%
	POWW	F	-0.0%
	CMT	C	-0.0%
	PBFS	A	-0.0%
	CDLX	D	-0.0%
	CRNC	C	-0.0%
	SCPH	F	-0.0%
	GEOS	B	-0.0%
	VTYX	F	-0.0%
	KLTR	B	-0.0%
	PEPG	F	-0.0%
	MYPS	C	-0.0%
	TSQ	D	-0.0%
	BELFA	D	-0.0%
	INFU	B	-0.0%
	LCTX	F	-0.0%
	OPRX	F	-0.0%
	SSP	F	-0.0%

FESM: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Drug Manufacturers - Specialty & Generic Medical Devices Software - Infrastructure Electronic Components Specialty Retail Diagnostics & Research Diversified Industrials Insurance - Property & Casualty Medical Instruments & Supplies Aerospace & Defense Building Materials Business Services REIT - Retail Telecom Services Asset Management Oil & Gas Equipment & Services REIT - Office

Keywords: Medicine Biopharmaceutical Biotechnology Bank Banking Cancer Clinical Medicine Deposit Products Life Sciences Computing Disease Real Estate Investment Trust Commercial Banking Insurance Pharmaceutical Telecommunications Biology Immune System Construction Mining

VTWO: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Medical Devices Software - Infrastructure REIT - Diversified Diversified Industrials Business Services Oil & Gas E&P Oil & Gas Equipment & Services Specialty Chemicals Specialty Retail Asset Management Electronic Components Medical Instruments & Supplies Restaurants Savings & Cooperative Banks Aerospace & Defense Insurance - Property & Casualty Conglomerates

Keywords: Bank Banking Medicine Deposit Products Biopharmaceutical Biotechnology Real Estate Investment Trust Cancer Real Estate Loans Computing Commercial Banking Clinical Medicine Natural Gas Insurance Mortgage Loan Loan Life Sciences Construction Mining Telecommunications