FSMD vs. ISCG ETF Comparison

Comparison of Fidelity Small-Mid Factor ETF (FSMD) to iShares Morningstar Small-Cap Growth ETF (ISCG)

FSMD

Fidelity Small-Mid Factor ETF

FSMD Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$37.68

Average Daily Volume

95,406

Number of Holdings ^*

572

* may have additional holdings in another (foreign) market

ISCG

iShares Morningstar Small-Cap Growth ETF

ISCG Description

The investment seeks to track the investment results of the MorningstarÂ® US Small Cap Broad Growth Extended IndexSM composed of small-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by small-capitalization companies that have exhibited above-average growth characteristics as determined by Morningstar, Inc. (Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$45.48

Average Daily Volume

28,690

Number of Holdings ^*

1000

* may have additional holdings in another (foreign) market

Performance

Period	FSMD	ISCG
30 Days	0.44%	0.90%
60 Days	1.38%	2.84%
90 Days	-2.69%	-2.22%
12 Months	14.91%	11.17%

300 Overlapping Holdings

Symbol	Grade	Weight in FSMD	Weight in ISCG	Overlap
AAON	B	0.18%	0.27%	0.18%
ACA	D	0.15%	0.18%	0.15%
ACAD	D	0.08%	0.09%	0.08%
ACIW	A	0.16%	0.14%	0.14%
ACLS	B	0.16%	0.21%	0.16%
ADMA	A	0.22%	0.12%	0.12%
ADUS	B	0.15%	0.08%	0.08%
AEO	F	0.16%	0.1%	0.1%
AGM	C	0.11%	0.03%	0.03%
AGX	B	0.15%	0.02%	0.02%
AIRC	A	0.2%	0.13%	0.13%
AIT	C	0.21%	0.34%	0.21%
ALG	F	0.09%	0.08%	0.08%
ALKS	D	0.16%	0.11%	0.11%
ALRM	D	0.13%	0.14%	0.13%
ALSN	C	0.21%	0.12%	0.12%
ALTR	B	0.18%	0.26%	0.18%
ALV	D	0.24%	0.16%	0.16%
AMAL	A	0.1%	0.01%	0.01%
AMED	F	0.14%	0.04%	0.04%
AMG	C	0.18%	0.11%	0.11%
AMKR	B	0.15%	0.11%	0.11%
AMPH	F	0.1%	0.07%	0.07%
AMR	F	0.11%	0.05%	0.05%
AMWD	F	0.09%	0.02%	0.02%
ANDE	D	0.1%	0.03%	0.03%
ANF	B	0.32%	0.4%	0.32%
ANIP	C	0.12%	0.05%	0.05%
APAM	C	0.13%	0.07%	0.07%
APPF	B	0.16%	0.25%	0.16%
ARCB	D	0.11%	0.05%	0.05%
ARDX	C	0.09%	0.06%	0.06%
ASGN	D	0.14%	0.06%	0.06%
ASTH	B	0.13%	0.07%	0.07%
ATGE	A	0.16%	0.06%	0.06%
ATKR	D	0.16%	0.1%	0.1%
ATR	D	0.25%	0.3%	0.25%
AWI	D	0.18%	0.23%	0.18%
AX	C	0.14%	0.07%	0.07%
AXNX	B	0.15%	0.16%	0.15%
AXTA	D	0.21%	0.23%	0.21%
AYI	D	0.23%	0.24%	0.23%
AZZ	D	0.13%	0.05%	0.05%
BC	F	0.17%	0.09%	0.09%
BCO	B	0.17%	0.15%	0.15%
BCPC	B	0.16%	0.22%	0.16%
BDC	B	0.17%	0.11%	0.11%
BELFB	B	0.08%	0.02%	0.02%
BFAM	C	0.2%	0.28%	0.2%
BL	D	0.1%	0.11%	0.1%
BLKB	C	0.13%	0.07%	0.07%
BMI	D	0.19%	0.25%	0.19%
BNL	B	0.13%	0.04%	0.04%
BOX	D	0.14%	0.18%	0.14%
BPMC	B	0.23%	0.31%	0.23%
BRBR	C	0.21%	0.35%	0.21%
BRC	B	0.14%	0.07%	0.07%
BRX	B	0.21%	0.12%	0.12%
BWXT	B	0.23%	0.4%	0.23%
CACI	B	0.27%	0.3%	0.27%
CARG	B	0.14%	0.1%	0.1%
CASH	B	0.12%	0.03%	0.03%
CASS	F	0.1%	0.01%	0.01%
CBZ	D	0.16%	0.16%	0.16%
CCS	C	0.12%	0.04%	0.04%
CEIX	B	0.15%	0.04%	0.04%
CHCO	B	0.12%	0.03%	0.03%
CHE	D	0.23%	0.38%	0.23%
CHH	B	0.13%	0.15%	0.13%
CNX	C	0.19%	0.06%	0.06%
CNXN	C	0.09%	0.02%	0.02%
COKE	A	0.17%	0.26%	0.17%
CORT	B	0.17%	0.08%	0.08%
CPRX	C	0.12%	0.03%	0.03%
CR	B	0.21%	0.22%	0.21%
CRUS	A	0.24%	0.11%	0.11%
CRVL	C	0.13%	0.11%	0.11%
CSWI	B	0.17%	0.19%	0.17%
CUBE	B	0.26%	0.46%	0.26%
CVCO	D	0.14%	0.13%	0.13%
CVLT	A	0.18%	0.24%	0.18%
CW	B	0.28%	0.48%	0.28%
CWAN	C	0.12%	0.12%	0.12%
CWEN	C	0.14%	0.05%	0.05%
CWEN	C	0.14%	0.02%	0.02%
DBX	D	0.14%	0.11%	0.11%
DCI	D	0.24%	0.4%	0.24%
DIOD	D	0.14%	0.05%	0.05%
DLB	D	0.15%	0.22%	0.15%
DOCS	B	0.15%	0.16%	0.15%
DORM	B	0.14%	0.07%	0.07%
DUOL	B	0.24%	0.35%	0.24%
DV	F	0.08%	0.13%	0.08%
EGP	B	0.22%	0.37%	0.22%
EHC	B	0.26%	0.4%	0.26%
ELF	B	0.29%	0.53%	0.29%
ENS	B	0.16%	0.09%	0.09%
ENSG	B	0.22%	0.31%	0.22%
EPRT	A	0.17%	0.13%	0.13%
ESAB	D	0.18%	0.18%	0.18%
ESI	B	0.19%	0.11%	0.11%
ESTC	B	0.23%	0.45%	0.23%
EVR	A	0.23%	0.1%	0.1%
EVTC	F	0.11%	0.04%	0.04%
EXEL	B	0.21%	0.3%	0.21%
EXP	D	0.21%	0.34%	0.21%
FCN	C	0.22%	0.36%	0.22%
FELE	D	0.14%	0.18%	0.14%
FIVN	F	0.09%	0.15%	0.09%
FIZZ	B	0.1%	0.03%	0.03%
FLS	C	0.2%	0.17%	0.17%
FN	B	0.24%	0.41%	0.24%
FOR	D	0.09%	0.01%	0.01%
FORM	B	0.19%	0.21%	0.19%
FR	C	0.19%	0.27%	0.19%
FRSH	D	0.08%	0.11%	0.08%
FRT	C	0.22%	0.2%	0.2%
FSS	D	0.17%	0.23%	0.17%
FTDR	C	0.14%	0.05%	0.05%
FUL	D	0.15%	0.11%	0.11%
GIC	F	0.06%	0.01%	0.01%
GMED	A	0.25%	0.22%	0.22%
GNTX	D	0.23%	0.36%	0.23%
GOLF	C	0.12%	0.04%	0.04%
GPK	D	0.22%	0.17%	0.17%
GRC	B	0.1%	0.03%	0.03%
GSHD	D	0.09%	0.06%	0.06%
GWRE	A	0.29%	0.53%	0.29%
HAE	D	0.18%	0.19%	0.18%
HALO	A	0.25%	0.3%	0.25%
HAS	C	0.25%	0.14%	0.14%
HCKT	D	0.08%	0.02%	0.02%
HLI	A	0.22%	0.19%	0.19%
HLNE	B	0.17%	0.22%	0.17%
HNI	C	0.12%	0.04%	0.04%
HQY	A	0.23%	0.33%	0.23%
HRB	A	0.23%	0.14%	0.14%
HSTM	B	0.11%	0.03%	0.03%
HURN	C	0.1%	0.08%	0.08%
HWKN	A	0.13%	0.08%	0.08%
IBOC	C	0.15%	0.07%	0.07%
IBP	D	0.18%	0.22%	0.18%
ICFI	B	0.12%	0.13%	0.12%
IDA	C	0.16%	0.07%	0.07%
IDCC	B	0.14%	0.13%	0.13%
IDYA	F	0.12%	0.06%	0.06%
IESC	D	0.14%	0.06%	0.06%
INFA	B	0.09%	0.07%	0.07%
INGR	D	0.22%	0.12%	0.12%
IONS	B	0.18%	0.3%	0.18%
IOSP	C	0.13%	0.14%	0.13%
IOT	D	0.15%	0.29%	0.15%
ITGR	C	0.17%	0.13%	0.13%
ITT	C	0.27%	0.48%	0.27%
JBI	F	0.09%	0.05%	0.05%
JBSS	D	0.09%	0.02%	0.02%
JJSF	B	0.13%	0.07%	0.07%
JLL	B	0.27%	0.15%	0.15%
KAI	B	0.13%	0.16%	0.13%
KBR	C	0.24%	0.4%	0.24%
KFRC	D	0.09%	0.03%	0.03%
KNSA	C	0.1%	0.02%	0.02%
KNSL	F	0.24%	0.39%	0.24%
KNX	C	0.2%	0.21%	0.2%
KRG	B	0.17%	0.22%	0.17%
LAMR	A	0.27%	0.21%	0.21%
LAUR	C	0.13%	0.04%	0.04%
LBRDK	C	0.18%	0.16%	0.16%
LCII	F	0.12%	0.04%	0.04%
LEA	F	0.19%	0.12%	0.12%
LFUS	C	0.19%	0.29%	0.19%
LIVN	C	0.15%	0.14%	0.14%
LMAT	B	0.15%	0.07%	0.07%
LNTH	B	0.24%	0.26%	0.24%
LNW	B	0.25%	0.44%	0.25%
LOPE	C	0.16%	0.17%	0.16%
LRN	B	0.15%	0.09%	0.09%
LSTR	B	0.19%	0.14%	0.14%
MATX	A	0.16%	0.07%	0.07%
MGEE	D	0.14%	0.06%	0.06%
MGRC	D	0.11%	0.12%	0.11%
MITK	F	0.07%	0.02%	0.02%
MLI	C	0.2%	0.14%	0.14%
MLR	C	0.12%	0.01%	0.01%
MMS	B	0.18%	0.09%	0.09%
MMSI	A	0.18%	0.22%	0.18%
MOG.A	C	0.17%	0.16%	0.16%
MSA	B	0.2%	0.19%	0.19%
MSM	D	0.12%	0.07%	0.07%
MTCH	F	0.22%	0.37%	0.22%
MTN	D	0.19%	0.17%	0.17%
MTRN	D	0.1%	0.1%	0.1%
MUSA	B	0.28%	0.44%	0.28%
MYRG	F	0.11%	0.11%	0.11%
NCNO	C	0.11%	0.11%	0.11%
NEU	F	0.12%	0.05%	0.05%
NHC	A	0.13%	0.04%	0.04%
NHI	A	0.16%	0.14%	0.14%
NNN	A	0.23%	0.16%	0.16%
NRC	F	0.07%	0.02%	0.02%
NSIT	B	0.18%	0.12%	0.12%
NSP	F	0.12%	0.15%	0.12%
NWLI	A	0.11%	0.02%	0.02%
NYT	A	0.24%	0.36%	0.24%
OABI	F	0.07%	0.01%	0.01%
OEC	F	0.09%	0.03%	0.03%
OLED	A	0.25%	0.45%	0.25%
OLLI	B	0.22%	0.28%	0.22%
ONTO	B	0.3%	0.5%	0.3%
OPCH	F	0.17%	0.22%	0.17%
OSIS	C	0.11%	0.07%	0.07%
OSK	C	0.2%	0.1%	0.1%
OTTR	C	0.14%	0.07%	0.07%
PATH	F	0.12%	0.26%	0.12%
PATK	C	0.13%	0.05%	0.05%
PBH	C	0.15%	0.06%	0.06%
PCVX	B	0.2%	0.36%	0.2%
PGNY	D	0.1%	0.11%	0.1%
PLMR	C	0.16%	0.09%	0.09%
PLPC	F	0.09%	0.01%	0.01%
PLUS	C	0.11%	0.04%	0.04%
PLXS	C	0.13%	0.08%	0.08%
POR	C	0.16%	0.08%	0.08%
POWL	D	0.14%	0.06%	0.06%
PRDO	C	0.12%	0.02%	0.02%
PRI	B	0.23%	0.22%	0.22%
PSN	B	0.15%	0.08%	0.08%
QCRH	C	0.11%	0.02%	0.02%
QLYS	D	0.14%	0.24%	0.14%
QTRX	F	0.06%	0.01%	0.01%
RAMP	D	0.09%	0.06%	0.06%
RBC	C	0.22%	0.36%	0.22%
REX	D	0.12%	0.02%	0.02%
RGEN	D	0.17%	0.3%	0.17%
RGLD	C	0.21%	0.22%	0.21%
RHI	F	0.18%	0.2%	0.18%
RL	B	0.24%	0.21%	0.21%
RLI	D	0.2%	0.27%	0.2%
RMBS	D	0.17%	0.28%	0.17%
ROAD	B	0.14%	0.11%	0.11%
ROCK	F	0.1%	0.1%	0.1%
RUSHA	F	0.12%	0.07%	0.07%
RYAN	B	0.21%	0.27%	0.21%
SAIC	D	0.18%	0.11%	0.11%
SANM	B	0.15%	0.07%	0.07%
SEIC	D	0.21%	0.23%	0.21%
SFM	A	0.26%	0.27%	0.26%
SHOO	B	0.14%	0.04%	0.04%
SIGI	F	0.19%	0.08%	0.08%
SKT	C	0.14%	0.08%	0.08%
SKWD	C	0.12%	0.02%	0.02%
SKX	B	0.27%	0.43%	0.27%
SKY	F	0.16%	0.18%	0.16%
SKYW	B	0.17%	0.09%	0.09%
SLP	C	0.13%	0.04%	0.04%
SMAR	B	0.17%	0.28%	0.17%
SNEX	C	0.13%	0.04%	0.04%
SPSC	C	0.2%	0.32%	0.2%
SSD	F	0.2%	0.34%	0.2%
STAG	B	0.2%	0.12%	0.12%
STRA	C	0.14%	0.11%	0.11%
STRL	B	0.18%	0.17%	0.17%
SUM	D	0.15%	0.2%	0.15%
SWI	B	0.08%	0.02%	0.02%
SWN	D	0.24%	0.11%	0.11%
SXI	D	0.12%	0.05%	0.05%
TBBK	B	0.11%	0.06%	0.06%
TDC	D	0.11%	0.1%	0.1%
TENB	D	0.14%	0.23%	0.14%
THO	D	0.16%	0.11%	0.11%
TNC	D	0.11%	0.05%	0.05%
TNET	F	0.13%	0.05%	0.05%
TPX	D	0.23%	0.27%	0.23%
TREX	F	0.24%	0.37%	0.24%
TRNO	B	0.17%	0.26%	0.17%
TTC	B	0.26%	0.25%	0.25%
TXRH	B	0.32%	0.54%	0.32%
UFPI	D	0.2%	0.17%	0.17%
UFPT	B	0.16%	0.09%	0.09%
URBN	C	0.14%	0.05%	0.05%
USLM	B	0.11%	0.04%	0.04%
USPH	F	0.12%	0.04%	0.04%
VCEL	C	0.12%	0.11%	0.11%
VCTR	D	0.16%	0.05%	0.05%
VKTX	D	0.29%	0.24%	0.24%
VNT	D	0.18%	0.17%	0.17%
VOYA	D	0.23%	0.12%	0.12%
VRNS	B	0.16%	0.24%	0.16%
VRRM	B	0.16%	0.21%	0.16%
WDFC	F	0.12%	0.14%	0.12%
WEN	F	0.12%	0.07%	0.07%
WH	C	0.18%	0.08%	0.08%
WINA	F	0.1%	0.05%	0.05%
WIRE	B	0.18%	0.11%	0.11%
WMG	D	0.15%	0.19%	0.15%
WS	C	0.09%	0.02%	0.02%
WTS	D	0.16%	0.23%	0.16%
WWD	C	0.3%	0.46%	0.3%
YELP	F	0.12%	0.06%	0.06%
ZWS	D	0.15%	0.2%	0.15%

FSMD Overweight 273 Positions Relative to ISCG

Symbol	Grade	Weight
PSTG	B	0.48%
EME	C	0.45%
TPL	B	0.41%
DKS	B	0.38%
IP	B	0.37%
UTHR	A	0.37%
RBA	B	0.36%
CASY	B	0.36%
WING	A	0.35%
RGA	B	0.35%
IBKR	B	0.35%
TOL	D	0.34%
NVT	D	0.33%
BLD	D	0.33%
WMS	D	0.32%
FTI	C	0.32%
FOXA	A	0.32%
WRK	D	0.32%
APP	B	0.32%
CLH	B	0.31%
JKHY	B	0.31%
XPO	D	0.31%
TECH	D	0.31%
UHS	B	0.31%
UDR	B	0.31%
TW	C	0.31%
FIX	D	0.31%
EVRG	C	0.3%
RNR	C	0.3%
INCY	B	0.3%
SCI	B	0.29%
MEDP	B	0.29%
EMN	C	0.29%
AMH	A	0.29%
ALLY	B	0.29%
NI	B	0.29%
TTEK	C	0.29%
QRVO	B	0.28%
CHK	D	0.28%
CRL	F	0.28%
BSY	D	0.28%
RPRX	F	0.27%
REG	B	0.27%
CHRW	B	0.27%
EWBC	C	0.27%
ELAN	C	0.27%
JNPR	B	0.27%
UNM	C	0.26%
AOS	D	0.26%
TFX	D	0.25%
SF	A	0.25%
AIZ	D	0.25%
DOCU	D	0.25%
DVA	C	0.25%
ALLE	C	0.25%
ERIE	C	0.25%
BXP	B	0.24%
CRBG	C	0.24%
CPB	C	0.24%
DINO	D	0.24%
HRL	F	0.24%
ORI	C	0.24%
DTM	A	0.24%
PNW	C	0.24%
AFG	D	0.24%
HII	D	0.24%
CNM	D	0.24%
FFIV	C	0.24%
CHRD	C	0.23%
CCK	F	0.23%
MORN	C	0.23%
TAP	F	0.23%
SNX	C	0.23%
OHI	A	0.23%
HSIC	F	0.23%
ETRN	D	0.23%
MOS	D	0.22%
ACI	F	0.22%
DOX	D	0.22%
BWA	F	0.22%
JXN	C	0.22%
ZION	C	0.21%
AXS	B	0.21%
ARW	F	0.21%
OGE	C	0.21%
COOP	C	0.21%
JAZZ	F	0.21%
KBH	B	0.2%
MGY	C	0.2%
ESNT	B	0.2%
MTG	B	0.2%
LAD	D	0.2%
TMHC	C	0.2%
X	D	0.2%
BPOP	C	0.2%
MUR	D	0.2%
MTH	D	0.2%
WBS	D	0.2%
BRKR	F	0.19%
BERY	D	0.19%
EXAS	F	0.19%
KD	B	0.19%
WTFC	C	0.19%
MHK	C	0.19%
OMF	C	0.19%
GPI	D	0.18%
AGCO	F	0.18%
ESGR	B	0.18%
AN	D	0.18%
RDN	B	0.18%
STNG	B	0.18%
NFG	D	0.18%
ABG	C	0.18%
GL	C	0.18%
WU	D	0.17%
SON	F	0.17%
MPW	F	0.17%
AVT	C	0.17%
PBF	D	0.17%
FNB	C	0.17%
CMC	C	0.17%
OZK	D	0.16%
SATS	B	0.16%
NEOG	C	0.16%
WLK	D	0.16%
COLB	D	0.16%
TPH	C	0.16%
BCC	F	0.16%
KTB	D	0.16%
CRC	B	0.16%
HOG	D	0.16%
XRAY	F	0.16%
PCOR	D	0.16%
NXST	C	0.16%
VIRT	C	0.16%
MHO	C	0.15%
SLVM	B	0.15%
CNO	C	0.15%
CUZ	C	0.15%
PHIN	D	0.15%
ALE	B	0.15%
VNO	B	0.15%
TNL	B	0.15%
FBP	A	0.15%
GPOR	D	0.15%
UMBF	C	0.15%
CTRE	C	0.15%
MTX	B	0.14%
TNK	B	0.14%
EPR	B	0.14%
GNW	D	0.14%
VSTO	A	0.14%
OGS	C	0.14%
BYD	D	0.14%
NMIH	A	0.14%
HIW	B	0.14%
BXMT	C	0.14%
INSW	B	0.14%
FULT	C	0.14%
OSG	A	0.14%
ASC	B	0.14%
ASO	F	0.14%
GMS	F	0.14%
BKH	C	0.14%
ESE	C	0.13%
EQC	B	0.13%
CALM	B	0.13%
BTU	F	0.13%
AVA	C	0.13%
CATY	B	0.13%
TEX	D	0.13%
GHC	D	0.13%
CACC	C	0.13%
HCC	D	0.13%
ENVA	C	0.13%
LPG	D	0.13%
PAG	D	0.13%
KRC	D	0.13%
WABC	C	0.12%
PFBC	C	0.12%
GEO	C	0.12%
ZD	C	0.12%
CENTA	F	0.12%
HELE	F	0.12%
TGNA	D	0.12%
LTC	A	0.12%
HUBG	B	0.12%
DDS	C	0.12%
VLY	D	0.12%
PETQ	B	0.12%
DEI	C	0.12%
CLW	C	0.12%
GRBK	B	0.12%
DXC	C	0.12%
USM	B	0.12%
OFG	C	0.12%
AMRX	C	0.12%
VSH	D	0.12%
VGR	C	0.11%
COLL	D	0.11%
TK	B	0.11%
DEA	B	0.11%
INVA	B	0.11%
ACLX	B	0.11%
PEBO	C	0.11%
DAKT	B	0.11%
ARCH	F	0.11%
SUPN	D	0.11%
FCF	C	0.11%
LZB	B	0.11%
ACT	C	0.11%
CRI	F	0.11%
PLTK	F	0.11%
PINC	F	0.11%
GIII	F	0.1%
GEF	F	0.1%
IRMD	B	0.1%
BDN	D	0.1%
IBCP	C	0.1%
SCHL	D	0.1%
IART	C	0.1%
NAVI	D	0.1%
AMN	F	0.1%
OMCL	F	0.1%
PRGS	B	0.1%
WGO	F	0.1%
BKE	D	0.1%
PDM	B	0.1%
CTBI	C	0.1%
CUBI	C	0.1%
OSBC	C	0.1%
CCOI	D	0.1%
SRCE	C	0.1%
WOR	F	0.1%
MSBI	D	0.09%
IMKTA	F	0.09%
MCB	C	0.09%
ODC	F	0.09%
HNRG	C	0.09%
PLAB	F	0.09%
WRLD	D	0.09%
KELYA	D	0.09%
THFF	C	0.09%
PARR	D	0.09%
ETD	D	0.09%
EBF	B	0.09%
BFST	C	0.09%
NYCB	F	0.09%
BZH	F	0.09%
HAFC	C	0.09%
CVI	F	0.09%
SCS	B	0.09%
RMR	F	0.08%
HE	F	0.08%
SIRI	F	0.08%
DFH	D	0.08%
KREF	F	0.08%
SMLR	C	0.08%
SPOK	D	0.08%
CXW	D	0.08%
UVV	D	0.08%
GNE	F	0.07%
LSEA	F	0.07%
IRON	C	0.07%
CCRN	F	0.07%
CWCO	D	0.07%
HVT	F	0.07%
SXC	D	0.07%
RCMT	F	0.06%
AMCX	F	0.06%
OSUR	F	0.06%
IRWD	F	0.05%
MED	F	0.03%

FSMD Underweight 700 Positions Relative to ISCG

Symbol	Grade	Weight
INSM	B	-0.5%
TOST	B	-0.49%
COHR	B	-0.49%
FTAI	B	-0.47%
CTLT	B	-0.47%
WFRD	C	-0.41%
ARMK	A	-0.4%
OWL	C	-0.37%
LSCC	F	-0.36%
NCLH	B	-0.36%
CGNX	C	-0.35%
TKO	B	-0.35%
WSC	F	-0.34%
ROKU	D	-0.33%
APG	B	-0.33%
ITCI	C	-0.32%
AFRM	F	-0.32%
ATI	C	-0.32%
MTZ	C	-0.31%
CFLT	C	-0.31%
SOFI	D	-0.31%
CVNA	B	-0.3%
PLNT	B	-0.3%
CAVA	B	-0.3%
SPXC	B	-0.3%
PEN	D	-0.3%
ACHC	D	-0.29%
REXR	C	-0.29%
MTSI	A	-0.29%
CHX	C	-0.29%
FIVE	F	-0.28%
AZEK	D	-0.28%
GTLS	D	-0.28%
PCTY	F	-0.27%
NOVT	B	-0.27%
FRPT	B	-0.27%
GKOS	A	-0.27%
S	D	-0.26%
CWST	B	-0.26%
RHP	D	-0.26%
GTLB	D	-0.26%
VVV	B	-0.25%
CRS	B	-0.24%
MARA	B	-0.24%
HXL	F	-0.24%
AVAV	C	-0.23%
BILL	F	-0.23%
EDR	A	-0.23%
DY	B	-0.23%
EXLS	B	-0.23%
MKTX	F	-0.22%
TMDX	A	-0.22%
EXPO	B	-0.22%
MOD	C	-0.22%
ITRI	D	-0.21%
MDGL	B	-0.21%
KEX	B	-0.21%
KRYS	B	-0.21%
H	B	-0.21%
CART	F	-0.21%
NOV	B	-0.21%
NXT	D	-0.2%
FOUR	B	-0.2%
WEX	D	-0.2%
ETSY	F	-0.2%
CLF	D	-0.2%
HCP	A	-0.2%
CRDO	B	-0.19%
LANC	C	-0.18%
RDNT	B	-0.18%
CHWY	B	-0.18%
ORA	C	-0.18%
INSP	F	-0.18%
RARE	D	-0.17%
COLD	C	-0.17%
GNRC	D	-0.17%
WK	D	-0.17%
CCCS	D	-0.17%
APLS	F	-0.16%
GH	C	-0.16%
PI	C	-0.16%
SLAB	F	-0.16%
CLSK	C	-0.16%
QTWO	C	-0.16%
CBT	D	-0.16%
CIEN	C	-0.16%
MASI	C	-0.16%
AXSM	B	-0.15%
VAL	B	-0.15%
AI	B	-0.15%
GME	C	-0.15%
SMPL	D	-0.15%
IRTC	B	-0.15%
POST	C	-0.15%
APLE	C	-0.15%
SHAK	D	-0.15%
BROS	B	-0.15%
SITE	F	-0.15%
OSCR	D	-0.14%
IRDM	F	-0.14%
ZETA	B	-0.14%
MKSI	B	-0.14%
MIDD	F	-0.14%
GPS	C	-0.14%
CZR	C	-0.14%
JEF	A	-0.14%
WTM	B	-0.14%
CERE	D	-0.14%
HIMS	C	-0.14%
TDW	C	-0.13%
PRCT	D	-0.13%
AGO	C	-0.13%
TKR	D	-0.13%
CRNX	C	-0.13%
SAM	C	-0.13%
FROG	C	-0.13%
PECO	C	-0.13%
KTOS	B	-0.13%
KLIC	B	-0.12%
CROX	B	-0.12%
TWST	B	-0.12%
CYTK	D	-0.12%
AZTA	D	-0.12%
RIOT	F	-0.12%
BE	C	-0.12%
SQSP	A	-0.12%
FCFS	F	-0.12%
AWR	D	-0.12%
RPD	D	-0.12%
BHVN	D	-0.12%
ACVA	C	-0.12%
OII	C	-0.11%
LCID	F	-0.11%
EVH	F	-0.11%
BWIN	A	-0.11%
NUVL	C	-0.11%
SPR	B	-0.11%
MBLY	D	-0.11%
AGYS	A	-0.11%
KWR	D	-0.11%
THG	C	-0.11%
NARI	C	-0.11%
GXO	D	-0.11%
EEFT	D	-0.11%
AL	C	-0.11%
SPB	C	-0.11%
R	B	-0.11%
ADC	B	-0.11%
PEGA	C	-0.11%
SG	B	-0.11%
PJT	A	-0.11%
BRZE	D	-0.1%
ROG	C	-0.1%
YETI	D	-0.1%
SWTX	D	-0.1%
LPX	C	-0.1%
BIO	F	-0.1%
CNMD	D	-0.1%
NPO	D	-0.1%
CALX	C	-0.1%
PD	B	-0.1%
UCTT	B	-0.1%
MAT	F	-0.1%
SHO	C	-0.1%
AVDX	B	-0.1%
IPAR	D	-0.1%
MYGN	B	-0.1%
ZI	F	-0.1%
ASH	D	-0.1%
RH	D	-0.1%
BOOT	B	-0.1%
NTLA	D	-0.1%
BBIO	F	-0.1%
MODG	D	-0.1%
CLDX	D	-0.1%
KNF	C	-0.1%
GERN	C	-0.1%
SYNA	F	-0.1%
UEC	D	-0.1%
IRT	A	-0.1%
MIR	B	-0.1%
SITM	B	-0.1%
ALGM	D	-0.1%
SMTC	D	-0.09%
RRR	B	-0.09%
SGRY	F	-0.09%
HOMB	C	-0.09%
ENV	C	-0.09%
SRCL	B	-0.09%
TRIP	D	-0.09%
AEIS	B	-0.09%
NFE	D	-0.09%
MSGS	C	-0.09%
RXST	C	-0.09%
CNS	B	-0.09%
MWA	C	-0.09%
GATX	B	-0.09%
CFR	C	-0.09%
JBT	C	-0.09%
RCM	B	-0.09%
RVMD	C	-0.09%
VECO	B	-0.09%
CRSP	D	-0.09%
TPG	D	-0.09%
PTEN	D	-0.09%
RYTM	C	-0.09%
RYN	D	-0.09%
JOE	C	-0.09%
EPAC	B	-0.09%
SXT	C	-0.08%
AAP	F	-0.08%
HLX	B	-0.08%
SPT	D	-0.08%
AM	B	-0.08%
ABM	B	-0.08%
SONO	F	-0.08%
PRIM	C	-0.08%
VCYT	C	-0.08%
WHD	B	-0.08%
EXTR	C	-0.08%
ALTM	F	-0.08%
IOVA	F	-0.08%
RXO	A	-0.08%
AIN	D	-0.08%
SEM	B	-0.08%
STAA	C	-0.08%
TNDM	D	-0.08%
RELY	F	-0.08%
VERX	A	-0.08%
PTCT	C	-0.08%
PTGX	B	-0.08%
BATRK	C	-0.08%
UPST	F	-0.08%
HRI	D	-0.08%
KFY	B	-0.08%
NSSC	B	-0.08%
LYFT	D	-0.08%
FOLD	F	-0.08%
LITE	B	-0.08%
PRVA	D	-0.08%
MNKD	B	-0.07%
XHR	C	-0.07%
OSW	B	-0.07%
PIPR	A	-0.07%
GVA	B	-0.07%
ASPN	C	-0.07%
GFF	D	-0.07%
CDP	B	-0.07%
RIG	D	-0.07%
YOU	B	-0.07%
CERT	D	-0.07%
MEG	C	-0.07%
COHU	B	-0.07%
HASI	C	-0.07%
CTS	B	-0.07%
INTA	B	-0.07%
HUN	F	-0.07%
THRM	F	-0.07%
IIPR	B	-0.07%
ARWR	C	-0.07%
PAR	B	-0.07%
DBRG	D	-0.07%
RDDT	B	-0.07%
FLYW	F	-0.07%
IMVT	F	-0.07%
POWI	F	-0.07%
VITL	A	-0.06%
ASAN	D	-0.06%
HGV	D	-0.06%
TXG	F	-0.06%
LOB	D	-0.06%
ARLO	B	-0.06%
MP	F	-0.06%
AIR	A	-0.06%
NJR	C	-0.06%
ICHR	C	-0.06%
NSA	B	-0.06%
PRO	D	-0.06%
PWSC	B	-0.06%
REZI	C	-0.06%
HLIT	B	-0.06%
VERA	D	-0.06%
AGIO	B	-0.06%
KAR	C	-0.06%
ALKT	C	-0.06%
KYMR	D	-0.06%
AROC	C	-0.06%
SMG	D	-0.06%
AVDL	F	-0.06%
ICUI	B	-0.06%
SFBS	C	-0.06%
UE	A	-0.06%
PSMT	C	-0.06%
DNLI	B	-0.06%
UNF	C	-0.06%
EBC	C	-0.06%
ZUO	C	-0.06%
CWT	C	-0.06%
IONQ	F	-0.06%
FFIN	C	-0.06%
MSGE	D	-0.06%
EVBG	C	-0.06%
VSEC	B	-0.06%
FRHC	C	-0.06%
TRN	B	-0.06%
TGTX	B	-0.06%
STEP	A	-0.06%
RXRX	D	-0.06%
LNN	B	-0.06%
CNK	A	-0.05%
LZ	D	-0.05%
GPRE	F	-0.05%
HI	F	-0.05%
WRBY	B	-0.05%
DYN	B	-0.05%
HRMY	C	-0.05%
PYCR	F	-0.05%
COCO	C	-0.05%
WULF	B	-0.05%
PZZA	F	-0.05%
APPN	D	-0.05%
ATEC	D	-0.05%
IAC	D	-0.05%
COLM	D	-0.05%
IPGP	D	-0.05%
ESTA	D	-0.05%
TRNS	D	-0.05%
WERN	D	-0.05%
ADNT	F	-0.05%
HHH	F	-0.05%
CXM	D	-0.05%
NABL	A	-0.05%
HL	D	-0.05%
MIRM	B	-0.05%
PDFS	B	-0.05%
CDE	B	-0.05%
TGLS	C	-0.05%
SITC	A	-0.05%
ATRC	D	-0.05%
DOCN	D	-0.05%
LTH	B	-0.05%
ALIT	D	-0.05%
FLNC	F	-0.05%
CRAI	B	-0.05%
PHR	D	-0.05%
PRFT	B	-0.05%
XNCR	F	-0.05%
PCH	F	-0.05%
DCO	B	-0.04%
HEES	D	-0.04%
VICR	F	-0.04%
COUR	F	-0.04%
UDMY	D	-0.04%
QNST	C	-0.04%
DNOW	C	-0.04%
MRVI	D	-0.04%
ULS	B	-0.04%
CENX	C	-0.04%
VIAV	F	-0.04%
DGII	D	-0.04%
JOBY	D	-0.04%
OUT	C	-0.04%
PUBM	D	-0.04%
NVEE	D	-0.04%
DVAX	F	-0.04%
AMBA	C	-0.04%
AMK	B	-0.04%
MQ	D	-0.04%
DNUT	F	-0.04%
GSAT	D	-0.04%
NEO	D	-0.04%
UTZ	D	-0.04%
SHC	C	-0.04%
CECO	A	-0.04%
LGND	B	-0.04%
SYM	D	-0.04%
SBCF	C	-0.04%
JAMF	D	-0.04%
TFIN	A	-0.04%
MGNI	B	-0.04%
RLJ	D	-0.04%
SLNO	D	-0.04%
NVAX	C	-0.04%
NVCR	D	-0.04%
EXPI	D	-0.04%
MCRI	B	-0.04%
HAYW	F	-0.04%
PLUG	F	-0.04%
MLKN	C	-0.04%
CLB	B	-0.04%
SCL	C	-0.04%
ALEX	B	-0.04%
BANF	C	-0.04%
SNDX	D	-0.04%
KVYO	C	-0.04%
RNG	D	-0.04%
CPK	C	-0.04%
AVPT	A	-0.04%
INDI	D	-0.04%
ATEN	C	-0.04%
GO	D	-0.04%
DO	B	-0.04%
WOLF	F	-0.04%
PPC	A	-0.04%
WSFS	A	-0.04%
AKR	A	-0.03%
MGPI	D	-0.03%
RPAY	B	-0.03%
LAB	F	-0.03%
FWRG	F	-0.03%
BLFS	B	-0.03%
BBSI	B	-0.03%
RCKT	F	-0.03%
LC	D	-0.03%
VRE	D	-0.03%
LBRDA	C	-0.03%
LQDA	D	-0.03%
TILE	D	-0.03%
VMEO	D	-0.03%
UMH	B	-0.03%
ARCT	F	-0.03%
RLAY	D	-0.03%
RVLV	D	-0.03%
PEB	D	-0.03%
YEXT	D	-0.03%
ZIP	F	-0.03%
CMCO	F	-0.03%
GDYN	D	-0.03%
REYN	C	-0.03%
CLVT	D	-0.03%
DRQ	D	-0.03%
BMBL	D	-0.03%
PRAX	D	-0.03%
NBBK	C	-0.03%
VSTS	D	-0.03%
HUT	B	-0.03%
CHEF	B	-0.03%
UTI	C	-0.03%
APOG	C	-0.03%
IVT	C	-0.03%
SDGR	F	-0.03%
DRS	B	-0.03%
AMPL	D	-0.03%
FOXF	D	-0.03%
BASE	D	-0.03%
VRTS	C	-0.03%
HLIO	D	-0.03%
FSLY	F	-0.03%
TDOC	F	-0.03%
TALO	D	-0.03%
BHE	B	-0.03%
BJRI	B	-0.03%
RKLB	B	-0.03%
VVI	D	-0.03%
FCPT	B	-0.03%
IAS	C	-0.03%
PCRX	D	-0.03%
TRUP	B	-0.03%
WT	B	-0.03%
LOAR	D	-0.03%
NTST	D	-0.03%
CGON	F	-0.03%
MTTR	C	-0.03%
AKRO	C	-0.03%
RBRK	C	-0.03%
THR	C	-0.03%
SYBT	B	-0.03%
MXL	B	-0.03%
TLRY	F	-0.03%
HAYN	C	-0.03%
PACS	B	-0.03%
KROS	F	-0.03%
ERII	F	-0.03%
CDRE	C	-0.03%
XPEL	F	-0.03%
MCY	C	-0.03%
ARVN	D	-0.03%
DFIN	D	-0.03%
IMAX	B	-0.03%
NRDS	B	-0.02%
VRDN	D	-0.02%
MTUS	D	-0.02%
DNTH	B	-0.02%
WMK	D	-0.02%
CFB	B	-0.02%
NXRT	B	-0.02%
SAGE	F	-0.02%
SMMT	C	-0.02%
LEU	F	-0.02%
EYE	D	-0.02%
KGS	C	-0.02%
GABC	A	-0.02%
IMXI	C	-0.02%
MRTN	C	-0.02%
CHCT	D	-0.02%
RES	F	-0.02%
DXPE	D	-0.02%
LMB	B	-0.02%
AMRC	D	-0.02%
SWBI	F	-0.02%
MUX	D	-0.02%
ALNT	F	-0.02%
KOP	F	-0.02%
WVE	F	-0.02%
MNTK	C	-0.02%
VZIO	B	-0.02%
ARHS	C	-0.02%
PRLB	D	-0.02%
TNGX	C	-0.02%
PUMP	D	-0.02%
AAT	B	-0.02%
BLND	D	-0.02%
PTLO	F	-0.02%
FIGS	D	-0.02%
IE	F	-0.02%
COGT	C	-0.02%
MSEX	D	-0.02%
DRVN	D	-0.02%
ATRI	C	-0.02%
BATRA	C	-0.02%
ATEX	C	-0.02%
CWH	F	-0.02%
BSIG	C	-0.02%
UPWK	D	-0.02%
ACHR	F	-0.02%
BFC	C	-0.02%
RCUS	D	-0.02%
GTY	D	-0.02%
OMI	F	-0.02%
LMND	D	-0.02%
TGI	B	-0.02%
FC	D	-0.02%
SAVA	F	-0.02%
KRUS	F	-0.02%
ESRT	C	-0.02%
PWP	B	-0.02%
TARS	D	-0.02%
ML	D	-0.02%
TR	C	-0.02%
GOGO	D	-0.02%
KIDS	F	-0.02%
AIV	C	-0.02%
RSI	B	-0.02%
ECVT	D	-0.02%
LQDT	B	-0.02%
PWFL	D	-0.02%
RUM	D	-0.02%
IDT	C	-0.02%
CARS	B	-0.02%
AUPH	C	-0.02%
AOSL	A	-0.02%
NIC	C	-0.02%
DAWN	D	-0.02%
SIBN	F	-0.02%
NVTS	F	-0.02%
WTTR	B	-0.02%
NX	F	-0.02%
INST	C	-0.02%
LAZR	F	-0.02%
SJW	D	-0.02%
MBIN	C	-0.02%
AESI	D	-0.02%
PRM	B	-0.02%
SANA	F	-0.02%
FIP	B	-0.02%
TFSL	C	-0.02%
WNC	D	-0.02%
AORT	A	-0.02%
ETWO	D	-0.02%
SEDG	F	-0.02%
MLNK	B	-0.02%
ROIC	C	-0.02%
SAFE	C	-0.02%
HIBB	A	-0.02%
INFN	B	-0.02%
IMNM	F	-0.02%
YORW	C	-0.02%
EOLS	D	-0.02%
LKFN	C	-0.02%
CTOS	F	-0.01%
CHGG	F	-0.01%
WEST	C	-0.01%
LYEL	F	-0.01%
TITN	F	-0.01%
ARKO	C	-0.01%
MYE	F	-0.01%
ALEC	D	-0.01%
CLNE	C	-0.01%
CTRI	F	-0.01%
EIG	C	-0.01%
ACCD	F	-0.01%
ORIC	F	-0.01%
CDLX	F	-0.01%
HBT	B	-0.01%
HG	B	-0.01%
NKLA	F	-0.01%
STTK	F	-0.01%
FWRD	D	-0.01%
PLRX	F	-0.01%
STER	C	-0.01%
CSTL	D	-0.01%
BYON	F	-0.01%
EVER	D	-0.01%
SEMR	D	-0.01%
BOWL	B	-0.01%
CLBK	D	-0.01%
NPK	D	-0.01%
OFLX	F	-0.01%
RUSHB	F	-0.01%
ENFN	D	-0.01%
LFST	F	-0.01%
VREX	F	-0.01%
MLAB	F	-0.01%
STOK	C	-0.01%
SNCY	D	-0.01%
PLOW	D	-0.01%
TH	D	-0.01%
MAX	F	-0.01%
KE	D	-0.01%
PGY	C	-0.01%
CCB	B	-0.01%
GCT	D	-0.01%
YMAB	D	-0.01%
NEXT	B	-0.01%
NBR	D	-0.01%
SYRE	F	-0.01%
GDEN	D	-0.01%
NOVA	D	-0.01%
UHT	B	-0.01%
CELC	C	-0.01%
EVCM	B	-0.01%
EWCZ	F	-0.01%
GOOD	B	-0.01%
CGEM	D	-0.01%
FRPH	D	-0.01%
ROOT	D	-0.01%
SCVL	B	-0.01%
TIPT	D	-0.01%
RBCAA	C	-0.01%
EVRI	C	-0.01%
FNA	F	-0.01%
ULCC	F	-0.01%
ABSI	F	-0.01%
ANAB	B	-0.01%
SRRK	F	-0.01%
CHUY	F	-0.01%
ATRO	B	-0.01%
LBPH	B	-0.01%
EVLV	F	-0.01%
MCW	C	-0.01%
TALK	D	-0.01%
PRA	F	-0.01%
PRME	F	-0.01%
AMBC	D	-0.01%
ATSG	D	-0.01%
GDRX	C	-0.01%
HSII	C	-0.01%
LESL	F	-0.01%
OLO	F	-0.01%
DNA	F	-0.01%
NN	C	-0.01%
EZPW	C	-0.01%
FA	C	-0.01%
TMCI	F	-0.01%
AVNS	C	-0.01%
TTI	D	-0.01%
WSR	A	-0.01%
DSGR	F	-0.01%
AVO	F	-0.01%
GMRE	B	-0.01%
FPI	B	-0.01%
ATXS	D	-0.01%
TTGT	B	-0.01%
SVV	F	-0.01%
IIIN	D	-0.01%
BXC	F	-0.01%
VERV	F	-0.01%
GES	F	-0.01%
WEAV	D	-0.01%
MMI	D	-0.01%
AMPS	D	-0.01%
BTSG	C	-0.01%
BOC	F	-0.01%
EYPT	F	-0.01%
IIIV	C	-0.01%
SVRA	D	-0.01%
TBLA	F	-0.01%
PLYM	B	-0.01%
RGP	D	-0.0%
ALXO	F	-0.0%
GYRE	F	-0.0%
TYRA	D	-0.0%
HPK	D	-0.0%
DH	F	-0.0%
REPX	B	-0.0%
ACTG	D	-0.0%
LEGH	B	-0.0%
ZNTL	F	-0.0%
SCLX	C	-0.0%
CYRX	F	-0.0%