GSSC vs. SMLV ETF Comparison

Comparison of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) to SPDR Russell 2000 Low Volatility (SMLV)

GSSC

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

GSSC Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Small Cap Equity Index. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in the index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to equity securities of small capitalization U.S. issuers.

Grade (RS Rating)

Last Trade

$71.97

Average Daily Volume

19,826

Number of Holdings ^*

1237

* may have additional holdings in another (foreign) market

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$135.35

Average Daily Volume

5,917

Number of Holdings ^*

404

* may have additional holdings in another (foreign) market

Performance

Period	GSSC	SMLV
30 Days	1.59%	5.32%
60 Days	5.85%	9.13%
90 Days	8.16%	13.01%
12 Months	29.69%	37.56%

311 Overlapping Holdings

Symbol	Grade	Weight in GSSC	Weight in SMLV	Overlap
ABM	B	0.1%	0.08%	0.08%
ACA	B	0.13%	0.12%	0.12%
ACAD	C	0.17%	0.02%	0.02%
ACIW	B	0.23%	0.1%	0.1%
ACNB	A	0.0%	0.27%	0.0%
ADMA	C	0.18%	0.12%	0.12%
ADUS	D	0.11%	0.1%	0.1%
AEIS	B	0.1%	0.05%	0.05%
AGIO	B	0.02%	0.05%	0.02%
AGM	A	0.2%	0.83%	0.2%
AGX	B	0.11%	0.39%	0.11%
AHH	D	0.02%	0.08%	0.02%
AIN	C	0.04%	0.05%	0.04%
ALG	B	0.08%	0.09%	0.08%
ALKS	B	0.28%	0.05%	0.05%
ALRM	C	0.1%	0.03%	0.03%
AMN	F	0.05%	0.04%	0.04%
AMPH	F	0.1%	0.05%	0.05%
AMSF	A	0.08%	0.72%	0.08%
ANIK	D	0.04%	0.03%	0.03%
ANIP	D	0.1%	0.03%	0.03%
AORT	B	0.05%	0.05%	0.05%
APLE	B	0.1%	0.07%	0.07%
APOG	B	0.16%	0.09%	0.09%
ARCH	B	0.1%	0.06%	0.06%
AROC	A	0.11%	0.1%	0.1%
AROW	A	0.04%	0.36%	0.04%
ASGN	D	0.19%	0.05%	0.05%
ATEN	A	0.11%	0.05%	0.05%
ATRC	C	0.13%	0.04%	0.04%
AVNS	F	0.07%	0.06%	0.06%
AZZ	B	0.11%	0.07%	0.07%
BBSI	A	0.09%	0.08%	0.08%
BFC	B	0.03%	0.62%	0.03%
BHE	B	0.11%	0.12%	0.11%
BKH	A	0.1%	0.19%	0.1%
BL	B	0.04%	0.05%	0.04%
BLKB	D	0.1%	0.08%	0.08%
BLX	A	0.08%	0.81%	0.08%
BMI	B	0.24%	0.13%	0.13%
BNL	D	0.06%	0.12%	0.06%
BOX	B	0.22%	0.06%	0.06%
BRKL	A	0.06%	0.69%	0.06%
BSRR	B	0.04%	0.29%	0.04%
BUSE	A	0.06%	0.96%	0.06%
CABO	B	0.04%	0.06%	0.04%
CAC	A	0.06%	0.45%	0.06%
CALM	A	0.18%	0.15%	0.15%
CASS	B	0.03%	0.1%	0.03%
CBU	A	0.08%	1.68%	0.08%
CBZ	B	0.11%	0.12%	0.11%
CCBG	A	0.05%	0.33%	0.05%
CCNE	B	0.04%	0.38%	0.04%
CCOI	B	0.05%	0.1%	0.05%
CENT	C	0.04%	0.06%	0.04%
CEVA	B	0.03%	0.05%	0.03%
CHCO	A	0.13%	1.24%	0.13%
CMCO	C	0.08%	0.05%	0.05%
CNMD	C	0.07%	0.04%	0.04%
CNNE	B	0.02%	0.07%	0.02%
CNO	A	0.24%	1.13%	0.24%
CORT	B	0.44%	0.08%	0.08%
CPK	A	0.04%	0.2%	0.04%
CRC	B	0.1%	0.09%	0.09%
CSGS	A	0.09%	0.11%	0.09%
CSR	A	0.02%	0.12%	0.02%
CSV	B	0.05%	0.06%	0.05%
CSWI	B	0.28%	0.18%	0.18%
CTBI	A	0.05%	0.68%	0.05%
CTO	B	0.02%	0.15%	0.02%
CTRE	D	0.11%	0.11%	0.11%
CTS	B	0.07%	0.08%	0.07%
CVCO	A	0.11%	0.06%	0.06%
CVLT	B	0.39%	0.14%	0.14%
DEA	D	0.02%	0.16%	0.02%
DEI	B	0.07%	0.1%	0.07%
DHIL	A	0.08%	0.3%	0.08%
DK	D	0.04%	0.04%	0.04%
DORM	B	0.11%	0.11%	0.11%
EBF	D	0.03%	0.24%	0.03%
ECVT	C	0.06%	0.06%	0.06%
EFSC	A	0.06%	1.09%	0.06%
EIG	A	0.06%	0.86%	0.06%
ELME	D	0.02%	0.13%	0.02%
ENS	D	0.1%	0.07%	0.07%
ENV	B	0.07%	0.06%	0.06%
EPAC	B	0.13%	0.08%	0.08%
EQC	A	0.04%	0.64%	0.04%
ESE	A	0.06%	0.12%	0.06%
ESGR	B	0.16%	1.11%	0.16%
ESQ	B	0.07%	0.33%	0.07%
ETD	D	0.09%	0.05%	0.05%
EVTC	C	0.06%	0.62%	0.06%
EXPO	D	0.04%	0.12%	0.04%
FBIZ	A	0.07%	0.25%	0.07%
FBMS	A	0.03%	0.69%	0.03%
FCF	A	0.07%	1.03%	0.07%
FCPT	C	0.04%	0.11%	0.04%
FELE	B	0.2%	0.14%	0.14%
FFIN	A	0.16%	1.18%	0.16%
FLIC	A	0.03%	0.2%	0.03%
FMAO	A	0.0%	0.26%	0.0%
FMBH	A	0.06%	0.58%	0.06%
FMNB	A	0.03%	0.37%	0.03%
FNLC	A	0.03%	0.19%	0.03%
FORM	F	0.08%	0.04%	0.04%
FORR	F	0.04%	0.05%	0.04%
FRST	A	0.0%	0.17%	0.0%
FSBW	B	0.03%	0.2%	0.03%
FSS	C	0.16%	0.1%	0.1%
FSTR	B	0.02%	0.05%	0.02%
FTDR	B	0.21%	0.12%	0.12%
FUL	F	0.11%	0.06%	0.06%
FULT	A	0.15%	0.98%	0.15%
GABC	A	0.06%	0.84%	0.06%
GATX	A	0.1%	0.12%	0.1%
GBCI	A	0.12%	1.02%	0.12%
GEF	A	0.06%	0.11%	0.06%
GENC	B	0.03%	0.13%	0.03%
GHC	A	0.14%	0.11%	0.11%
GKOS	B	0.1%	0.05%	0.05%
GMRE	D	0.02%	0.08%	0.02%
GOOD	B	0.02%	0.12%	0.02%
GPI	A	0.23%	0.06%	0.06%
GPOR	A	0.12%	0.14%	0.12%
GRC	B	0.05%	0.11%	0.05%
GSBC	A	0.06%	0.38%	0.06%
GTY	C	0.02%	0.16%	0.02%
HAE	A	0.09%	0.05%	0.05%
HBCP	A	0.04%	0.22%	0.04%
HCC	B	0.15%	0.12%	0.12%
HCKT	A	0.14%	0.12%	0.12%
HELE	C	0.04%	0.03%	0.03%
HFWA	A	0.04%	0.6%	0.04%
HI	C	0.04%	0.03%	0.03%
HIFS	B	0.02%	0.3%	0.02%
HLF	C	0.12%	0.03%	0.03%
HMN	A	0.07%	1.11%	0.07%
HNI	A	0.24%	0.11%	0.11%
HOMB	A	0.15%	0.91%	0.15%
HONE	A	0.02%	0.34%	0.02%
HRMY	D	0.16%	0.04%	0.04%
HSII	B	0.04%	0.1%	0.04%
HSTM	B	0.08%	0.13%	0.08%
HTBI	A	0.04%	0.35%	0.04%
HTLD	B	0.03%	0.13%	0.03%
HUBG	A	0.13%	0.1%	0.1%
HURN	B	0.08%	0.08%	0.08%
HWKN	C	0.1%	0.11%	0.1%
IART	C	0.05%	0.05%	0.05%
IBOC	A	0.2%	1.08%	0.2%
ICFI	F	0.12%	0.14%	0.12%
ICUI	D	0.07%	0.1%	0.07%
INSM	D	0.14%	0.08%	0.08%
INVA	C	0.19%	0.1%	0.1%
IOSP	C	0.15%	0.08%	0.08%
IRMD	B	0.05%	0.05%	0.05%
IRT	A	0.08%	0.09%	0.08%
IRWD	D	0.07%	0.03%	0.03%
ITGR	B	0.16%	0.07%	0.07%
JBGS	D	0.05%	0.09%	0.05%
JBI	F	0.03%	0.03%	0.03%
JBSS	F	0.06%	0.09%	0.06%
JBT	B	0.05%	0.07%	0.05%
JJSF	C	0.07%	0.15%	0.07%
JOUT	F	0.02%	0.05%	0.02%
KAI	A	0.21%	0.09%	0.09%
KFRC	D	0.16%	0.07%	0.07%
KIDS	F	0.02%	0.05%	0.02%
KN	B	0.07%	0.07%	0.07%
KREF	D	0.02%	0.11%	0.02%
KRNY	A	0.03%	0.3%	0.03%
LAUR	A	0.07%	0.07%	0.07%
LGTY	B	0.03%	0.06%	0.03%
LILAK	F	0.03%	0.08%	0.03%
LIVN	C	0.08%	0.05%	0.05%
LKFN	A	0.11%	0.8%	0.11%
LMAT	A	0.12%	0.1%	0.1%
LNN	B	0.03%	0.1%	0.03%
LTC	B	0.04%	0.13%	0.04%
LXP	D	0.04%	0.13%	0.04%
LZB	A	0.1%	0.07%	0.07%
MATW	C	0.03%	0.05%	0.03%
MEI	F	0.01%	0.05%	0.01%
MGEE	A	0.04%	0.21%	0.04%
MGRC	B	0.04%	1.03%	0.04%
MLAB	F	0.09%	0.06%	0.06%
MLR	B	0.07%	0.12%	0.07%
MMSI	A	0.15%	0.06%	0.06%
MNRO	B	0.04%	0.06%	0.04%
MOG.A	B	0.19%	0.1%	0.1%
MRTN	C	0.02%	0.11%	0.02%
MTRN	C	0.05%	0.04%	0.04%
MTX	B	0.12%	0.08%	0.08%
MWA	A	0.11%	0.12%	0.11%
MYRG	B	0.06%	0.06%	0.06%
NARI	C	0.13%	0.05%	0.05%
NBHC	A	0.07%	1.19%	0.07%
NBTB	A	0.08%	1.36%	0.08%
NEOG	D	0.06%	0.04%	0.04%
NHC	B	0.15%	0.21%	0.15%
NHI	D	0.1%	0.11%	0.1%
NIC	A	0.05%	0.97%	0.05%
NNI	C	0.05%	1.73%	0.05%
NPK	B	0.02%	0.17%	0.02%
NRC	F	0.04%	0.03%	0.03%
NTCT	B	0.06%	0.1%	0.06%
NVEC	D	0.03%	0.05%	0.03%
NWBI	A	0.06%	1.19%	0.06%
NWE	C	0.05%	0.21%	0.05%
OBK	A	0.03%	0.65%	0.03%
OFIX	B	0.11%	0.06%	0.06%
OMCL	C	0.09%	0.09%	0.09%
ONB	B	0.18%	1.41%	0.18%
OSIS	A	0.07%	0.1%	0.07%
OXM	F	0.12%	0.03%	0.03%
PAHC	A	0.09%	0.09%	0.09%
PAX	C	0.02%	0.6%	0.02%
PBH	A	0.22%	0.14%	0.14%
PCH	D	0.06%	0.08%	0.06%
PCRX	C	0.1%	0.03%	0.03%
PDCO	F	0.1%	0.05%	0.05%
PEBO	A	0.07%	0.76%	0.07%
PECO	A	0.08%	0.2%	0.08%
PFIS	A	0.04%	0.24%	0.04%
PJT	A	0.26%	1.91%	0.26%
PLOW	D	0.02%	0.07%	0.02%
PLUS	F	0.12%	0.07%	0.07%
PLXS	B	0.14%	0.15%	0.14%
PNM	B	0.06%	0.22%	0.06%
POWI	D	0.08%	0.05%	0.05%
PRDO	B	0.21%	0.07%	0.07%
PRGS	B	0.13%	0.11%	0.11%
PRIM	A	0.19%	0.1%	0.1%
PRK	A	0.13%	1.49%	0.13%
PSMT	D	0.07%	0.08%	0.07%
PSTL	C	0.02%	0.16%	0.02%
PTCT	B	0.13%	0.04%	0.04%
PZZA	D	0.06%	0.05%	0.05%
QCRH	A	0.1%	0.95%	0.1%
RDN	C	0.25%	0.81%	0.25%
RDNT	B	0.17%	0.05%	0.05%
RGP	F	0.05%	0.08%	0.05%
RGR	F	0.03%	0.06%	0.03%
RLGT	B	0.04%	0.09%	0.04%
ROAD	B	0.1%	0.13%	0.1%
RUSHA	B	0.19%	0.11%	0.11%
SAFT	A	0.04%	0.8%	0.04%
SANM	B	0.1%	0.08%	0.08%
SASR	A	0.07%	1.08%	0.07%
SATS	D	0.04%	0.08%	0.04%
SBSI	B	0.03%	0.68%	0.03%
SCHL	F	0.07%	0.03%	0.03%
SCL	D	0.05%	0.12%	0.05%
SCSC	B	0.12%	0.05%	0.05%
SEM	B	0.13%	0.06%	0.06%
SFL	F	0.05%	0.06%	0.05%
SFNC	B	0.07%	0.86%	0.07%
SHOO	D	0.17%	0.06%	0.06%
SMP	C	0.06%	0.12%	0.06%
SPNS	F	0.04%	0.07%	0.04%
SPOK	B	0.03%	0.07%	0.03%
SR	A	0.06%	0.18%	0.06%
SRCE	A	0.06%	0.76%	0.06%
SRDX	C	0.08%	0.04%	0.04%
STBA	A	0.08%	0.92%	0.08%
STRA	C	0.05%	0.05%	0.05%
SUPN	B	0.21%	0.07%	0.07%
SXC	A	0.09%	0.1%	0.09%
SXI	A	0.06%	0.09%	0.06%
SXT	C	0.07%	0.16%	0.07%
SYBT	A	0.07%	1.11%	0.07%
TBPH	B	0.04%	0.03%	0.03%
TGNA	B	0.12%	0.12%	0.12%
THFF	A	0.04%	0.36%	0.04%
THRM	F	0.02%	0.04%	0.02%
TMP	A	0.02%	0.65%	0.02%
TNC	F	0.13%	0.07%	0.07%
TOWN	A	0.09%	1.08%	0.09%
TPH	D	0.16%	0.05%	0.05%
TRMK	A	0.09%	1.0%	0.09%
TRNS	F	0.06%	0.07%	0.06%
TRS	D	0.04%	0.14%	0.04%
TRST	A	0.04%	0.44%	0.04%
TTMI	B	0.12%	0.08%	0.08%
UFPT	C	0.09%	0.12%	0.09%
UHT	D	0.02%	0.11%	0.02%
UNF	A	0.08%	0.13%	0.08%
USNA	C	0.07%	0.04%	0.04%
USPH	C	0.08%	0.04%	0.04%
UVSP	A	0.06%	0.6%	0.06%
VAL	F	0.05%	0.07%	0.05%
VECO	F	0.04%	0.04%	0.04%
VIAV	B	0.07%	0.07%	0.07%
VLGEA	A	0.05%	0.17%	0.05%
VPG	F	0.04%	0.05%	0.04%
VREX	C	0.09%	0.04%	0.04%
VRNT	D	0.05%	0.04%	0.04%
VSH	F	0.06%	0.05%	0.05%
WABC	A	0.1%	0.95%	0.1%
WAFD	A	0.07%	0.93%	0.07%
WDFC	A	0.17%	0.1%	0.1%
WERN	B	0.05%	0.14%	0.05%
WINA	B	0.14%	0.09%	0.09%
WK	B	0.11%	0.05%	0.05%
WSBC	A	0.07%	0.88%	0.07%
WSBF	B	0.04%	0.17%	0.04%
WT	A	0.12%	0.14%	0.12%
WTBA	A	0.06%	0.23%	0.06%
XNCR	B	0.07%	0.05%	0.05%
ZD	B	0.08%	0.05%	0.05%

GSSC Overweight 926 Positions Relative to SMLV

Symbol	Grade	Weight
SFM	A	0.63%
MLI	B	0.5%
AIT	A	0.42%
JXN	B	0.4%
IESC	B	0.36%
ANF	C	0.35%
HLNE	A	0.35%
UFPI	C	0.34%
BCC	B	0.31%
GMS	A	0.31%
CPRX	C	0.3%
COOP	B	0.28%
LRN	A	0.28%
ENVA	A	0.27%
ENSG	D	0.27%
WTS	A	0.26%
TGTX	B	0.26%
MATX	B	0.25%
KTB	A	0.24%
AX	A	0.24%
MOD	C	0.24%
ESNT	D	0.23%
TMHC	B	0.23%
BECN	B	0.23%
FN	C	0.22%
CARG	A	0.22%
MGY	A	0.22%
SPSC	D	0.22%
CMC	B	0.22%
GEO	A	0.21%
EXLS	B	0.21%
FBP	A	0.21%
QLYS	C	0.2%
SFBS	A	0.2%
PCVX	D	0.2%
YELP	C	0.2%
CRS	A	0.2%
CBT	C	0.2%
SSB	A	0.2%
APAM	A	0.2%
VCEL	A	0.2%
FLR	B	0.2%
STRL	B	0.2%
UMBF	A	0.2%
ABCB	A	0.19%
KBH	D	0.19%
INOD	B	0.19%
GSHD	A	0.19%
HALO	D	0.19%
GFF	A	0.19%
AMRX	C	0.19%
MHO	D	0.19%
MDXG	A	0.19%
PIPR	A	0.19%
CRVL	B	0.19%
PATK	C	0.18%
SM	C	0.18%
LNTH	F	0.18%
IDCC	A	0.18%
VRNS	D	0.18%
RHP	B	0.18%
PI	D	0.18%
IBP	F	0.18%
CEIX	A	0.18%
NSIT	F	0.18%
MTH	D	0.18%
RMBS	C	0.17%
CDNA	D	0.17%
SIG	B	0.17%
TBBK	A	0.17%
ZETA	F	0.17%
SIGI	A	0.17%
COMP	B	0.17%
CASH	A	0.17%
USLM	A	0.17%
COLL	F	0.17%
CNX	A	0.17%
EAT	A	0.17%
CNS	B	0.17%
ABG	A	0.16%
NMIH	D	0.16%
ATKR	C	0.16%
QTWO	A	0.16%
HQY	A	0.16%
UPBD	B	0.16%
CMPR	F	0.16%
EXPI	C	0.16%
NTB	B	0.16%
SKYW	A	0.16%
CADE	A	0.16%
UPWK	B	0.15%
PFBC	A	0.15%
EXTR	B	0.15%
OFG	B	0.15%
BFH	A	0.15%
SNEX	A	0.15%
CUBI	B	0.15%
ATGE	B	0.15%
AEO	F	0.15%
AMR	C	0.15%
HWC	A	0.15%
RVLV	A	0.15%
KFY	B	0.15%
RSI	B	0.15%
ALTR	B	0.15%
TILE	A	0.15%
IPAR	C	0.14%
UNFI	A	0.14%
BDC	B	0.14%
DXPE	A	0.14%
GVA	A	0.14%
MMS	D	0.14%
YEXT	A	0.14%
UBSI	A	0.14%
BXC	B	0.14%
NOVT	D	0.14%
LBRT	F	0.14%
DNOW	A	0.14%
RVMD	B	0.14%
APPN	B	0.14%
BCRX	D	0.14%
POWL	C	0.13%
SWX	A	0.13%
SBH	A	0.13%
STEP	A	0.13%
CNXN	D	0.13%
BKE	A	0.13%
MD	B	0.13%
AUB	A	0.13%
EPRT	C	0.13%
DLX	A	0.13%
KRG	B	0.13%
IDT	B	0.13%
IMKTA	C	0.13%
BCO	F	0.13%
CXW	B	0.13%
FIZZ	B	0.13%
DY	C	0.13%
CATY	A	0.13%
RXO	C	0.12%
SKT	A	0.12%
PHR	F	0.12%
GCI	D	0.12%
ASB	A	0.12%
ASAN	C	0.12%
GNW	A	0.12%
CHX	C	0.12%
BANF	A	0.12%
MUR	F	0.12%
STC	A	0.12%
AXSM	B	0.12%
KNF	B	0.12%
LGND	B	0.12%
DVAX	C	0.12%
TPC	C	0.12%
IBCP	A	0.12%
BKU	A	0.12%
PRG	A	0.12%
DFIN	D	0.12%
VSCO	A	0.12%
NSSC	F	0.12%
BLBD	F	0.12%
CAL	D	0.12%
VITL	F	0.12%
ACLX	C	0.12%
SKY	A	0.12%
MC	B	0.12%
IMXI	B	0.11%
TEX	D	0.11%
TCBI	A	0.11%
BPMC	D	0.11%
WMK	B	0.11%
RNA	C	0.11%
CWST	A	0.11%
REZI	A	0.11%
TENB	D	0.11%
SCS	A	0.11%
CWK	B	0.11%
SPT	C	0.11%
GOLF	A	0.11%
LCII	D	0.11%
BASE	C	0.11%
NSP	F	0.11%
SONO	C	0.11%
BCPC	B	0.11%
NBN	A	0.11%
WSFS	A	0.11%
ARLO	D	0.11%
TDOC	C	0.1%
MLKN	F	0.1%
FIGS	F	0.1%
AVNT	A	0.1%
VLY	A	0.1%
EMBC	C	0.1%
VSTO	A	0.1%
OPCH	F	0.1%
BOOT	C	0.1%
CRAI	B	0.1%
PFSI	D	0.1%
GRBK	D	0.1%
FOLD	F	0.1%
WGO	B	0.1%
VCYT	B	0.1%
EWTX	C	0.1%
HTLF	A	0.1%
BOH	A	0.1%
ASO	F	0.1%
VRRM	D	0.1%
AGYS	A	0.1%
OTTR	C	0.1%
ABR	C	0.1%
MAC	A	0.1%
ATEC	C	0.1%
INMD	C	0.1%
AVAV	C	0.1%
SBRA	C	0.1%
BLND	B	0.1%
MYGN	F	0.1%
NPO	A	0.1%
SCVL	F	0.1%
SUM	B	0.1%
HCI	B	0.1%
EOLS	F	0.1%
SLG	B	0.1%
SMR	B	0.09%
REAX	C	0.09%
PBF	D	0.09%
PLAB	D	0.09%
CLSK	C	0.09%
RKLB	B	0.09%
MRC	B	0.09%
LANC	D	0.09%
IRTC	C	0.09%
GTLS	A	0.09%
STNG	F	0.09%
CARS	B	0.09%
NOG	A	0.09%
ALE	A	0.09%
CALX	F	0.09%
IIPR	F	0.09%
AMAL	B	0.09%
OSPN	B	0.09%
ITRI	B	0.09%
FFBC	A	0.09%
CHEF	B	0.09%
FBK	A	0.09%
NMRK	B	0.09%
LYTS	A	0.09%
HNST	A	0.09%
SSTK	F	0.09%
SPNT	A	0.09%
UIS	B	0.09%
PTON	B	0.09%
RYAM	B	0.09%
FRME	A	0.09%
VCTR	B	0.09%
PLMR	A	0.09%
BGC	B	0.09%
XPEL	B	0.09%
ACLS	F	0.09%
TPB	A	0.09%
LOVE	A	0.08%
SKWD	A	0.08%
URBN	C	0.08%
STNE	F	0.08%
AMSC	C	0.08%
ACT	C	0.08%
TRNO	D	0.08%
CWAN	B	0.08%
CPF	A	0.08%
BANR	A	0.08%
STAA	F	0.08%
BTU	B	0.08%
AMWD	B	0.08%
GIII	D	0.08%
BELFB	C	0.08%
UCB	A	0.08%
SYNA	C	0.08%
RUSHB	B	0.08%
PTGX	D	0.08%
CRNX	C	0.08%
HEES	B	0.08%
HRI	B	0.08%
CCSI	B	0.08%
CSTL	C	0.08%
OMI	F	0.08%
DIOD	F	0.08%
MMI	A	0.08%
WULF	C	0.08%
NAVI	D	0.08%
ZWS	B	0.08%
POR	D	0.08%
KAR	A	0.08%
ROCK	C	0.08%
AKR	B	0.08%
LMB	A	0.08%
HGV	B	0.08%
HOPE	A	0.08%
KMT	B	0.08%
EVER	F	0.08%
OGS	A	0.08%
SPTN	F	0.08%
CRDO	C	0.08%
PRO	C	0.08%
MBWM	A	0.08%
SLVM	B	0.08%
HIMS	C	0.08%
REVG	A	0.08%
BBW	B	0.08%
WLDN	C	0.08%
DAKT	A	0.08%
AXNX	A	0.08%
SEMR	D	0.08%
VRTS	A	0.08%
WD	D	0.07%
AIR	B	0.07%
PFC	A	0.07%
ALKT	B	0.07%
RNST	A	0.07%
BIGC	C	0.07%
ESRT	D	0.07%
VC	F	0.07%
ARCB	C	0.07%
ACCO	B	0.07%
SHO	D	0.07%
MCS	B	0.07%
YMAB	D	0.07%
LUMN	C	0.07%
CDE	D	0.07%
FBNC	A	0.07%
NX	C	0.07%
COMM	D	0.07%
GBX	A	0.07%
DRH	B	0.07%
DESP	A	0.07%
USAP	B	0.07%
AKBA	C	0.07%
ADNT	F	0.07%
HLX	D	0.07%
FL	F	0.07%
BV	C	0.07%
CENTA	C	0.07%
REAL	B	0.07%
WHD	B	0.07%
LOB	A	0.07%
INDB	A	0.07%
NJR	A	0.07%
SPRY	C	0.07%
MARA	B	0.07%
LC	B	0.07%
OUT	C	0.07%
CXM	C	0.07%
PAGS	F	0.07%
GLNG	C	0.07%
RBCAA	A	0.07%
TNET	F	0.07%
INSW	F	0.07%
SGBX	F	0.07%
LINC	C	0.07%
PFS	A	0.07%
WKC	C	0.07%
MBIN	D	0.07%
RYI	B	0.07%
SIBN	D	0.07%
RYTM	C	0.07%
FC	F	0.07%
ZEUS	C	0.07%
CNK	A	0.07%
MCY	A	0.07%
UDMY	D	0.07%
HOV	F	0.07%
CDP	C	0.07%
WRBY	A	0.07%
GCO	B	0.06%
TFIN	A	0.06%
ORA	B	0.06%
BVS	D	0.06%
HAFC	A	0.06%
OSBC	A	0.06%
HVT	F	0.06%
UNTY	A	0.06%
RCEL	C	0.06%
HTH	B	0.06%
CENX	A	0.06%
BYRN	A	0.06%
BXMT	D	0.06%
CMRE	B	0.06%
CECO	C	0.06%
PLPC	B	0.06%
INBK	A	0.06%
INFN	C	0.06%
GT	C	0.06%
RAMP	C	0.06%
OOMA	A	0.06%
CCRN	F	0.06%
RPD	C	0.06%
THRY	F	0.06%
EGHT	C	0.06%
KWR	C	0.06%
TRUP	A	0.06%
SFIX	C	0.06%
PTEN	D	0.06%
ANDE	C	0.06%
ASTH	F	0.06%
PRCT	B	0.06%
KLIC	C	0.06%
UCTT	F	0.06%
AXL	C	0.06%
B	A	0.06%
TARS	B	0.06%
SMTC	C	0.06%
SMPL	B	0.06%
VSEC	B	0.06%
SGRY	F	0.06%
TCMD	A	0.06%
PDM	D	0.06%
FLGT	F	0.06%
AHCO	D	0.06%
FDP	A	0.06%
OII	B	0.06%
TRDA	B	0.06%
CDXC	B	0.06%
TRUE	B	0.06%
CVBF	A	0.06%
IBTX	A	0.06%
WRLD	D	0.06%
TDS	B	0.06%
UVE	A	0.06%
OCUL	C	0.06%
WWW	A	0.06%
NUS	C	0.06%
PHIN	A	0.06%
DYN	F	0.06%
OSCR	F	0.06%
KRYS	D	0.06%
PGC	A	0.06%
RLJ	C	0.06%
SMBC	A	0.06%
PDFS	D	0.06%
EPC	F	0.06%
GIC	F	0.06%
CTKB	C	0.05%
EVRI	A	0.05%
IBTA	C	0.05%
PTVE	C	0.05%
BY	A	0.05%
MCRI	A	0.05%
TNDM	F	0.05%
BSIG	A	0.05%
TTI	B	0.05%
MYE	F	0.05%
AVA	C	0.05%
BLZE	D	0.05%
LOCO	D	0.05%
VERA	B	0.05%
ROG	D	0.05%
RXST	F	0.05%
WSR	B	0.05%
THR	C	0.05%
ZIMV	F	0.05%
BHLB	A	0.05%
HRTG	C	0.05%
MBI	B	0.05%
CCS	F	0.05%
HY	F	0.05%
SBCF	A	0.05%
PEB	F	0.05%
NGVT	B	0.05%
ASC	F	0.05%
KYMR	C	0.05%
SWTX	C	0.05%
NTGR	A	0.05%
APEI	B	0.05%
PGRE	C	0.05%
TGLS	A	0.05%
PUMP	F	0.05%
OCFC	A	0.05%
SFST	A	0.05%
AWR	A	0.05%
PRLB	B	0.05%
WASH	A	0.05%
ALIT	C	0.05%
DSGR	C	0.05%
EYE	C	0.05%
DHT	D	0.05%
CSTM	F	0.05%
VYX	C	0.05%
ORGO	B	0.05%
RES	F	0.05%
SIGA	F	0.05%
AGS	A	0.05%
GOGL	C	0.05%
ITIC	A	0.05%
VNDA	C	0.05%
ALEX	B	0.05%
DJCO	B	0.05%
ZUMZ	D	0.05%
UTI	A	0.05%
APLT	C	0.05%
INN	D	0.05%
OSUR	F	0.05%
WOR	F	0.05%
TREE	F	0.05%
RICK	B	0.05%
FISI	A	0.05%
HP	C	0.05%
SNBR	F	0.05%
UNIT	B	0.05%
MDGL	C	0.05%
FIBK	A	0.05%
RC	F	0.05%
KE	C	0.05%
DOMO	C	0.05%
RRR	D	0.05%
COHU	D	0.05%
OEC	C	0.05%
FOR	F	0.05%
NVEE	F	0.05%
AAT	C	0.05%
HBI	A	0.05%
MTUS	F	0.05%
GDYN	C	0.05%
DCOM	A	0.05%
PNTG	D	0.05%
KALU	C	0.05%
NWPX	A	0.05%
WNC	C	0.05%
ENR	A	0.05%
VBTX	A	0.05%
CNOB	A	0.05%
MCFT	B	0.05%
PMT	D	0.05%
TCBK	A	0.05%
XHR	B	0.05%
DGII	B	0.05%
VTOL	B	0.04%
MOFG	A	0.04%
VRE	A	0.04%
STGW	B	0.04%
TBI	F	0.04%
DCGO	B	0.04%
ALT	C	0.04%
NATH	B	0.04%
CAKE	A	0.04%
NUVL	D	0.04%
FRSH	B	0.04%
GNE	F	0.04%
RMR	F	0.04%
FLWS	D	0.04%
OVLY	A	0.04%
CYRX	D	0.04%
VABK	B	0.04%
CDRE	D	0.04%
RM	D	0.04%
NNBR	C	0.04%
HTBK	A	0.04%
LFMD	C	0.04%
FULC	F	0.04%
FA	D	0.04%
FRPH	A	0.04%
HBNC	A	0.04%
JAKK	C	0.04%
CBL	B	0.04%
ERII	B	0.04%
PPBI	A	0.04%
HUMA	F	0.04%
AIOT	B	0.04%
DAN	F	0.04%
MOV	C	0.04%
BLFS	D	0.04%
DENN	C	0.04%
CYTK	D	0.04%
ASIX	B	0.04%
TMDX	F	0.04%
ARI	D	0.04%
THS	F	0.04%
TWST	F	0.04%
CERS	D	0.04%
SMLR	B	0.04%
IDYA	F	0.04%
INSE	B	0.04%
GNK	C	0.04%
LPG	F	0.04%
RBBN	B	0.04%
UMH	C	0.04%
TRN	A	0.04%
TWI	F	0.04%
IGT	F	0.04%
HLIT	F	0.04%
IIIN	C	0.04%
TITN	C	0.04%
DOCN	D	0.04%
XRX	F	0.04%
NRIX	C	0.04%
GCBC	B	0.04%
ASPN	F	0.04%
PCB	A	0.04%
PKBK	A	0.04%
CNDT	B	0.04%
BDN	D	0.04%
MBUU	C	0.04%
SB	F	0.04%
MAX	F	0.04%
AMCX	C	0.04%
SMMT	D	0.04%
ANGO	C	0.04%
FARO	B	0.04%
WVE	C	0.04%
AQST	D	0.04%
AMRK	F	0.04%
PRCH	B	0.04%
LADR	A	0.04%
KOP	C	0.04%
ABSI	F	0.04%
OSW	B	0.04%
NPAB	F	0.04%
FFIC	A	0.04%
FBRT	C	0.04%
ODP	F	0.04%
MSBI	A	0.04%
FNKO	D	0.04%
OCGN	F	0.04%
SLAB	F	0.04%
BWMN	C	0.04%
EFC	D	0.04%
DOLE	D	0.04%
UE	B	0.04%
QNST	C	0.04%
PAR	A	0.04%
CLDT	C	0.04%
KELYA	F	0.04%
VYGR	F	0.04%
ACVA	A	0.04%
PRVA	B	0.04%
ICHR	C	0.04%
GRND	B	0.04%
PCYO	A	0.04%
EGY	F	0.04%
EBC	A	0.04%
SWI	B	0.04%
CIVB	A	0.04%
PBPB	B	0.04%
AMBA	B	0.03%
SVRA	F	0.03%
NWFL	B	0.03%
BGS	F	0.03%
AUPH	B	0.03%
BRZE	C	0.03%
RDFN	D	0.03%
OLO	B	0.03%
LESL	C	0.03%
CIO	F	0.03%
METC	C	0.03%
NVRO	F	0.03%
JRVR	F	0.03%
MNKD	B	0.03%
DNLI	C	0.03%
HDSN	F	0.03%
MQ	F	0.03%
TROX	F	0.03%
GPRO	F	0.03%
OIS	B	0.03%
MITK	C	0.03%
JOE	F	0.03%
AI	C	0.03%
MEC	D	0.03%
BOC	D	0.03%
OABI	D	0.03%
CLFD	F	0.03%
CLW	F	0.03%
FNA	B	0.03%
SHYF	C	0.03%
SHAK	B	0.03%
BBIO	F	0.03%
SLP	F	0.03%
VIRC	C	0.03%
RXT	C	0.03%
HCAT	C	0.03%
DBI	F	0.03%
ESPR	C	0.03%
REX	C	0.03%
RWT	D	0.03%
WOOF	D	0.03%
QTRX	D	0.03%
BZH	B	0.03%
SD	F	0.03%
ARDX	F	0.03%
RDUS	C	0.03%
CHMG	A	0.03%
SVC	F	0.03%
EVH	F	0.03%
CWT	C	0.03%
EAF	B	0.03%
INFU	B	0.03%
DCO	A	0.03%
AIV	C	0.03%
OFLX	C	0.03%
ACIC	B	0.03%
NBR	D	0.03%
WS	B	0.03%
TH	C	0.03%
NEO	C	0.03%
NXRT	A	0.03%
BCBP	A	0.03%
FG	A	0.03%
OPK	A	0.03%
CHGG	D	0.03%
GEOS	C	0.03%
TDW	F	0.03%
BJRI	A	0.03%
OI	C	0.03%
NATL	B	0.03%
TALO	C	0.03%
MODG	F	0.03%
GNL	D	0.03%
ARCT	F	0.03%
KLG	F	0.03%
CWCO	C	0.03%
VICR	B	0.03%
ADV	F	0.03%
MG	F	0.03%
BRT	A	0.03%
MCB	A	0.03%
EGBN	A	0.03%
RMAX	D	0.03%
ANET	C	0.03%
AMBC	C	0.03%
HAYN	A	0.03%
LXU	C	0.03%
KNTK	A	0.03%
NKSH	B	0.03%
UVV	B	0.03%
GRPN	F	0.03%
ABUS	D	0.03%
SNDX	D	0.03%
JELD	F	0.03%
AEYE	C	0.03%
TGI	A	0.03%
PGNY	F	0.03%
BWFG	A	0.03%
FOXF	F	0.03%
GHM	A	0.03%
DIN	C	0.03%
PD	C	0.03%
DH	F	0.03%
BKD	F	0.03%
PARR	D	0.03%
PAYO	A	0.03%
EPM	A	0.03%
HAIN	F	0.03%
MNTK	F	0.03%
MRSN	C	0.03%
MTW	C	0.03%
HASI	F	0.03%
MGNX	D	0.03%
ROIC	A	0.03%
CRMD	C	0.03%
UTL	C	0.03%
MED	D	0.03%
IVT	B	0.03%
HROW	D	0.03%
HPP	F	0.03%
MGNI	A	0.03%
OLPX	D	0.02%
XERS	C	0.02%
HL	D	0.02%
WTI	F	0.02%
BOOM	F	0.02%
NABL	F	0.02%
AVXL	C	0.02%
LILA	F	0.02%
CTV	D	0.02%
HBIO	F	0.02%
EDIT	F	0.02%
CVI	D	0.02%
LGIH	F	0.02%
RVNC	F	0.02%
PEBK	A	0.02%
ZYXI	D	0.02%
ADCT	F	0.02%
AESI	D	0.02%
TSBK	B	0.02%
STOK	D	0.02%
CRCT	F	0.02%
SRI	F	0.02%
HE	D	0.02%
IMMR	F	0.02%
YORW	D	0.02%
GTN	F	0.02%
SHLS	F	0.02%
VRDN	C	0.02%
BUR	D	0.02%
EGAN	C	0.02%
MXL	C	0.02%
SSP	F	0.02%
NVCR	D	0.02%
LQDA	F	0.02%
GDOT	C	0.02%
PLBC	A	0.02%
SAVA	C	0.02%
DX	A	0.02%
XPRO	F	0.02%
FSP	C	0.02%
ACEL	B	0.02%
PSTX	D	0.02%
SMID	B	0.02%
VIR	C	0.02%
BELFA	D	0.02%
MSGE	D	0.02%
RCKT	F	0.02%
EU	F	0.02%
SJW	F	0.02%
LTH	D	0.02%
TSHA	D	0.02%
III	C	0.02%
CTRN	D	0.02%
DXLG	C	0.02%
JANX	C	0.02%
BEAM	D	0.02%
CRSR	C	0.02%
AOSL	F	0.02%
NC	C	0.02%
NTLA	F	0.02%
GDEN	B	0.02%
MATV	F	0.02%
CYH	F	0.02%
NNBR	C	0.02%
SAH	A	0.02%
PLRX	D	0.02%
CDLX	D	0.02%
PBYI	D	0.02%
MTRX	B	0.02%
AMTB	B	0.02%
JYNT	D	0.02%
VRA	D	0.02%
KROS	C	0.02%
NGS	A	0.02%
IOVA	D	0.02%
COFS	A	0.02%
LRMR	D	0.02%
ZUO	A	0.02%
MFIN	B	0.02%
ANNX	D	0.02%
NREF	A	0.02%
PBI	C	0.02%
FDBC	B	0.02%
BRY	F	0.02%
NECB	A	0.02%
CMT	F	0.02%
NKTR	D	0.02%
ORN	C	0.02%
ARRY	C	0.02%
SKYH	A	0.02%
OMER	B	0.02%
SKIN	D	0.02%
CLBK	B	0.02%
LAZR	C	0.02%
KTOS	B	0.02%
ASTE	B	0.02%
IRON	C	0.02%
AMPY	D	0.02%
APPS	F	0.02%
SGC	C	0.02%
ARWR	D	0.02%
ILPT	F	0.02%
KURA	F	0.02%
LUNG	F	0.02%
SMTI	C	0.02%
MNMD	B	0.02%
TLS	D	0.02%
FLNG	D	0.02%
BLMN	F	0.02%
BAND	C	0.02%
HRTX	F	0.01%
SLDP	F	0.01%
CODI	A	0.01%
FVCB	B	0.01%
BRSP	B	0.01%
FWRD	D	0.01%
NRDY	F	0.01%
AAOI	A	0.01%
TTEC	F	0.01%
HQI	B	0.01%
KRO	D	0.01%
KODK	D	0.01%
XMTR	C	0.01%
IBUY	B	0.01%
ACRE	B	0.01%
PRAA	C	0.01%
ALTG	C	0.01%
NVAX	F	0.01%
ATLC	A	0.01%
PINE	D	0.01%
RGCO	C	0.01%
ADPT	C	0.01%
CPSS	B	0.01%
AVD	C	0.01%
MBCN	C	0.01%
INO	F	0.01%
VVI	A	0.01%
LCUT	F	0.01%
ATLO	C	0.01%
SAGE	F	0.01%
INZY	F	0.01%
IMNM	F	0.01%
ULBI	F	0.01%
CRNC	D	0.01%
ANAB	F	0.01%
EVI	D	0.01%
ARHS	F	0.01%
DFH	F	0.0%
HZO	F	0.0%
PLL	C	0.0%
ACDC	D	0.0%
SRRK	C	0.0%
SSTI	F	0.0%
METCB	C	0.0%
MYPS	C	0.0%
CVGI	F	0.0%
CDMO	A	0.0%
NR	D	0.0%
ACCD	F	0.0%
EYPT	D	0.0%
NKTX	F	0.0%
SWBI	D	0.0%
URGN	F	0.0%

GSSC Underweight 93 Positions Relative to SMLV

Symbol	Grade	Weight
THG	A	-1.55%
VIRT	A	-1.4%
GCMG	B	-1.05%
WU	F	-0.71%
OKLO	C	-0.57%
BHRB	A	-0.57%
CFFN	A	-0.57%
FCBC	B	-0.49%
NFG	A	-0.48%
MCBS	A	-0.4%
TRIN	A	-0.38%
BHB	A	-0.37%
NFBK	A	-0.35%
SMBK	A	-0.34%
MPB	B	-0.3%
SPFI	A	-0.3%
FLO	D	-0.27%
GLRE	B	-0.26%
ORRF	A	-0.26%
ALRS	D	-0.26%
IDA	A	-0.24%
FSBC	A	-0.24%
EBTC	A	-0.23%
BWB	B	-0.21%
ARTNA	F	-0.2%
GNTY	A	-0.19%
CZNC	B	-0.19%
SLGN	B	-0.19%
NWN	A	-0.18%
SBR	B	-0.18%
CBNK	A	-0.17%
CMPO	C	-0.17%
TRC	D	-0.15%
ARKO	D	-0.14%
BRC	C	-0.14%
VMI	B	-0.13%
UTMD	D	-0.12%
PKE	B	-0.12%
BCAL	A	-0.12%
SNDR	B	-0.12%
HIW	D	-0.11%
NTST	D	-0.11%
COLM	B	-0.11%
PINC	B	-0.11%
NCNO	B	-0.1%
MSGS	B	-0.1%
AFCG	F	-0.1%
RNGR	A	-0.1%
CUZ	B	-0.1%
WEN	C	-0.1%
KW	C	-0.1%
CHCT	C	-0.09%
GLDD	B	-0.09%
NOMD	D	-0.09%
BFS	C	-0.09%
ASH	F	-0.09%
MRCY	B	-0.08%
LOPE	B	-0.08%
WEYS	A	-0.08%
RDWR	A	-0.08%
AVT	C	-0.08%
FPI	B	-0.08%
DNB	B	-0.08%
MGIC	C	-0.07%
PBT	B	-0.07%
ATNI	F	-0.06%
GPRK	C	-0.06%
IBEX	B	-0.06%
ITRN	C	-0.06%
CXT	D	-0.06%
PRGO	C	-0.06%
SPB	C	-0.05%
CRI	D	-0.05%
ATEX	F	-0.05%
AMED	F	-0.05%
IRDM	C	-0.05%
HUN	F	-0.05%
NVST	C	-0.05%
CNXC	F	-0.04%
BOWL	F	-0.04%
IPGP	D	-0.04%
SHEN	F	-0.04%
NATR	B	-0.04%
TTGT	C	-0.04%
IMTX	F	-0.03%
OGN	F	-0.03%
RARE	F	-0.03%
CBRL	C	-0.03%
ARCO	D	-0.03%
LEG	F	-0.03%
ZIP	D	-0.03%
AZTA	F	-0.02%
AAP	D	-0.02%