HDG vs. VFMF ETF Comparison

Comparison of ProShares Hedge Replication ETF (HDG) to Vanguard U.S. Multifactor ETF (VFMF)

HDG

ProShares Hedge Replication ETF

HDG Description

The investment seeks investment results before fees and expenses that track the performance of the Merrill Lynch Factor Model-Exchange Series. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.31

Average Daily Volume

1,759

Number of Holdings ^*

1740

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$139.64

Average Daily Volume

8,764

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	HDG	VFMF
30 Days	1.17%	6.72%
60 Days	1.41%	7.63%
90 Days	1.65%	7.99%
12 Months	8.95%	33.84%

255 Overlapping Holdings

	Symbol	Grade	Weight in HDG	Weight in VFMF	Overlap
	ABCB	B	0.03%	0.14%	0.03%
	ACCO	C	0.0%	0.08%	0.0%
	ACT	D	0.01%	0.29%	0.01%
	ADMA	B	0.02%	0.05%	0.02%
	AEO	F	0.02%	0.17%	0.02%
	AGM	C	0.01%	0.06%	0.01%
	AGX	B	0.01%	0.12%	0.01%
	AHCO	F	0.01%	0.19%	0.01%
	AIT	A	0.06%	0.17%	0.06%
	ALKS	B	0.03%	0.17%	0.03%
	AMAL	B	0.0%	0.39%	0.0%
	AMR	C	0.01%	0.11%	0.01%
	AMRX	C	0.01%	0.19%	0.01%
	AMWD	C	0.01%	0.2%	0.01%
	ANDE	D	0.01%	0.34%	0.01%
	ANET	C	0.0%	0.5%	0.0%
	APOG	B	0.01%	0.09%	0.01%
	ARCB	C	0.01%	0.08%	0.01%
	ASB	B	0.02%	0.16%	0.02%
	ASC	F	0.0%	0.2%	0.0%
	ASO	F	0.02%	0.24%	0.02%
	ATEN	B	0.01%	0.03%	0.01%
	ATGE	B	0.02%	0.19%	0.02%
	ATKR	C	0.02%	0.02%	0.02%
	AX	A	0.02%	0.2%	0.02%
	AZZ	B	0.01%	0.1%	0.01%
	BBSI	B	0.01%	0.07%	0.01%
	BBW	B	0.0%	0.14%	0.0%
	BCC	B	0.03%	0.52%	0.03%
	BELFB	C	0.0%	0.18%	0.0%
	BHLB	B	0.01%	0.12%	0.01%
	BKE	B	0.01%	0.05%	0.01%
	BKU	A	0.02%	0.04%	0.02%
	BLX	C	0.01%	0.18%	0.01%
	BRY	F	0.0%	0.03%	0.0%
	BSIG	A	0.0%	0.03%	0.0%
	BTU	B	0.02%	0.05%	0.02%
	BUSE	B	0.01%	0.02%	0.01%
	BV	B	0.01%	0.16%	0.01%
	CAL	D	0.01%	0.2%	0.01%
	CALM	A	0.02%	0.28%	0.02%
	CASH	A	0.01%	0.3%	0.01%
	CATY	B	0.02%	0.06%	0.02%
	CBT	C	0.03%	0.05%	0.03%
	CBU	B	0.02%	0.12%	0.02%
	CCRN	F	0.0%	0.03%	0.0%
	CDNA	D	0.01%	0.1%	0.01%
	CEIX	A	0.02%	0.11%	0.02%
	CENTA	C	0.01%	0.06%	0.01%
	CHCO	B	0.01%	0.15%	0.01%
	CLW	F	0.0%	0.05%	0.0%
	CMC	B	0.04%	0.14%	0.04%
	CNO	A	0.02%	0.4%	0.02%
	CNOB	B	0.01%	0.18%	0.01%
	CNX	A	0.03%	0.11%	0.03%
	CNXN	C	0.0%	0.14%	0.0%
	COLL	F	0.01%	0.46%	0.01%
	COOP	B	0.03%	0.17%	0.03%
	CPF	A	0.0%	0.31%	0.0%
	CPRX	C	0.01%	0.12%	0.01%
	CRAI	B	0.01%	0.04%	0.01%
	CRC	B	0.02%	0.15%	0.02%
	CRS	A	0.05%	0.05%	0.05%
	CRVL	A	0.02%	0.09%	0.02%
	CTS	C	0.01%	0.04%	0.01%
	CVCO	A	0.02%	0.2%	0.02%
	CVLT	B	0.04%	0.14%	0.04%
	CYH	F	0.0%	0.12%	0.0%
	DAKT	B	0.0%	0.14%	0.0%
	DESP	B	0.01%	0.07%	0.01%
	DHT	F	0.01%	0.15%	0.01%
	DLX	B	0.01%	0.17%	0.01%
	DNOW	B	0.01%	0.12%	0.01%
	DOLE	D	0.01%	0.07%	0.01%
	DXPE	B	0.0%	0.09%	0.0%
	EAT	A	0.03%	0.26%	0.03%
	EFSC	B	0.01%	0.04%	0.01%
	EIG	B	0.01%	0.34%	0.01%
	ENS	D	0.02%	0.14%	0.02%
	EPAC	B	0.01%	0.03%	0.01%
	EPC	D	0.01%	0.07%	0.01%
	ETD	C	0.0%	0.14%	0.0%
	FBP	B	0.02%	0.5%	0.02%
	FCF	A	0.01%	0.25%	0.01%
	FDP	B	0.01%	0.08%	0.01%
	FIBK	A	0.01%	0.12%	0.01%
	FLWS	F	0.0%	0.1%	0.0%
	FN	D	0.05%	0.06%	0.05%
	FRME	B	0.01%	0.06%	0.01%
	GEO	B	0.02%	0.04%	0.02%
	GFF	A	0.02%	0.29%	0.02%
	GIII	D	0.01%	0.3%	0.01%
	GMS	B	0.02%	0.2%	0.02%
	GNK	D	0.0%	0.16%	0.0%
	GNW	A	0.02%	0.21%	0.02%
	GOGL	F	0.01%	0.06%	0.01%
	GOLF	B	0.01%	0.04%	0.01%
	GPI	A	0.03%	0.03%	0.03%
	GPOR	B	0.01%	0.09%	0.01%
	GRBK	D	0.01%	0.1%	0.01%
	GRND	A	0.0%	0.09%	0.0%
	GRNT	B	0.0%	0.05%	0.0%
	HAFC	A	0.0%	0.13%	0.0%
	HALO	F	0.03%	0.11%	0.03%
	HBI	B	0.02%	0.13%	0.02%
	HCC	B	0.02%	0.13%	0.02%
	HEES	B	0.01%	0.04%	0.01%
	HFWA	B	0.01%	0.03%	0.01%
	HIMS	B	0.02%	0.07%	0.02%
	HNI	B	0.01%	0.06%	0.01%
	HOV	D	0.0%	0.04%	0.0%
	HP	B	0.02%	0.18%	0.02%
	HSII	B	0.01%	0.04%	0.01%
	HSTM	B	0.0%	0.08%	0.0%
	HVT	D	0.0%	0.07%	0.0%
	HWC	B	0.03%	0.12%	0.03%
	HWKN	B	0.01%	0.19%	0.01%
	IBOC	A	0.02%	0.34%	0.02%
	IDCC	A	0.03%	0.07%	0.03%
	IDT	B	0.0%	0.16%	0.0%
	IESC	B	0.01%	0.18%	0.01%
	IMKTA	C	0.01%	0.18%	0.01%
	IMMR	C	0.0%	0.12%	0.0%
	INDB	B	0.02%	0.09%	0.02%
	INGN	C	0.0%	0.02%	0.0%
	INSW	F	0.01%	0.12%	0.01%
	ITRI	B	0.03%	0.1%	0.03%
	JELD	F	0.0%	0.09%	0.0%
	JILL	C	0.0%	0.06%	0.0%
	JXN	C	0.04%	0.1%	0.04%
	KBH	D	0.03%	0.16%	0.03%
	KELYA	F	0.0%	0.36%	0.0%
	KFRC	D	0.01%	0.04%	0.01%
	KMT	B	0.01%	0.03%	0.01%
	KNTK	B	0.01%	0.12%	0.01%
	KTB	B	0.03%	0.15%	0.03%
	LBRT	D	0.02%	0.05%	0.02%
	LNTH	D	0.03%	0.14%	0.03%
	LPG	F	0.01%	0.11%	0.01%
	LQDT	B	0.0%	0.05%	0.0%
	LRN	A	0.02%	0.1%	0.02%
	LYTS	B	0.0%	0.05%	0.0%
	LZB	B	0.01%	0.07%	0.01%
	MATX	C	0.03%	0.11%	0.03%
	MBIN	D	0.0%	0.22%	0.0%
	MBUU	C	0.0%	0.04%	0.0%
	MBWM	B	0.0%	0.02%	0.0%
	MCRI	A	0.01%	0.04%	0.01%
	MCY	A	0.01%	0.14%	0.01%
	MD	B	0.01%	0.05%	0.01%
	MGY	A	0.03%	0.04%	0.03%
	MHO	D	0.02%	0.25%	0.02%
	MLI	C	0.06%	0.71%	0.06%
	MLKN	D	0.01%	0.23%	0.01%
	MOG.A	B	0.03%	0.09%	0.03%
	MOV	C	0.0%	0.03%	0.0%
	MRC	B	0.01%	0.17%	0.01%
	MTH	D	0.04%	0.07%	0.04%
	MTUS	C	0.0%	0.07%	0.0%
	MUR	D	0.03%	0.13%	0.03%
	NAT	F	0.0%	0.06%	0.0%
	NAVI	C	0.01%	0.09%	0.01%
	NHC	C	0.01%	0.06%	0.01%
	NMIH	D	0.02%	0.31%	0.02%
	NMRK	B	0.01%	0.13%	0.01%
	NOG	A	0.02%	0.05%	0.02%
	NR	B	0.0%	0.14%	0.0%
	NSIT	F	0.02%	0.24%	0.02%
	NSSC	D	0.01%	0.04%	0.01%
	NTB	B	0.01%	0.3%	0.01%
	NTGR	B	0.0%	0.07%	0.0%
	NX	C	0.01%	0.05%	0.01%
	OFG	B	0.01%	0.64%	0.01%
	OMI	F	0.01%	0.16%	0.01%
	OSBC	A	0.0%	0.05%	0.0%
	OSUR	F	0.0%	0.05%	0.0%
	OXM	D	0.01%	0.09%	0.01%
	PATK	D	0.02%	0.18%	0.02%
	PEBO	A	0.01%	0.02%	0.01%
	PFBC	B	0.01%	0.25%	0.01%
	PHIN	A	0.01%	0.24%	0.01%
	PLAB	C	0.01%	0.17%	0.01%
	PLPC	B	0.0%	0.07%	0.0%
	PLUS	F	0.01%	0.18%	0.01%
	PRDO	B	0.01%	0.34%	0.01%
	PRK	B	0.02%	0.05%	0.02%
	PRLB	A	0.01%	0.03%	0.01%
	PSMT	C	0.01%	0.08%	0.01%
	PTGX	C	0.01%	0.12%	0.01%
	PUMP	B	0.0%	0.14%	0.0%
	QCRH	A	0.01%	0.1%	0.01%
	RDN	C	0.03%	0.21%	0.03%
	RES	D	0.0%	0.07%	0.0%
	REVG	B	0.01%	0.18%	0.01%
	REX	D	0.0%	0.11%	0.0%
	RGP	F	0.0%	0.02%	0.0%
	ROCK	C	0.01%	0.12%	0.01%
	SANM	B	0.02%	0.1%	0.02%
	SB	F	0.0%	0.02%	0.0%
	SBSI	B	0.01%	0.11%	0.01%
	SCHL	D	0.0%	0.11%	0.0%
	SCS	C	0.01%	0.32%	0.01%
	SCSC	B	0.01%	0.15%	0.01%
	SCVL	F	0.0%	0.05%	0.0%
	SD	D	0.0%	0.08%	0.0%
	SFM	A	0.08%	0.16%	0.08%
	SFNC	B	0.02%	0.08%	0.02%
	SHOO	D	0.02%	0.04%	0.02%
	SIG	B	0.02%	0.3%	0.02%
	SIGA	F	0.0%	0.21%	0.0%
	SKYW	B	0.02%	0.17%	0.02%
	SLVM	B	0.02%	0.15%	0.02%
	SM	B	0.03%	0.13%	0.03%
	SMLR	B	0.0%	0.04%	0.0%
	SPOK	C	0.0%	0.13%	0.0%
	SPTN	D	0.0%	0.11%	0.0%
	SRCE	B	0.01%	0.28%	0.01%
	STBA	B	0.01%	0.16%	0.01%
	STGW	B	0.0%	0.04%	0.0%
	STNG	F	0.01%	0.18%	0.01%
	STRA	C	0.01%	0.03%	0.01%
	STRL	B	0.03%	0.07%	0.03%
	SUPN	C	0.01%	0.05%	0.01%
	SXC	A	0.01%	0.16%	0.01%
	SXI	B	0.01%	0.04%	0.01%
	TBBK	B	0.02%	0.16%	0.02%
	TCBI	B	0.02%	0.05%	0.02%
	TCBK	B	0.01%	0.03%	0.01%
	TEX	D	0.02%	0.18%	0.02%
	TILE	B	0.01%	0.18%	0.01%
	TMHC	B	0.04%	0.18%	0.04%
	TNC	D	0.01%	0.04%	0.01%
	TPC	C	0.01%	0.26%	0.01%
	TPH	D	0.02%	0.13%	0.02%
	UFPI	B	0.04%	0.37%	0.04%
	UFPT	B	0.01%	0.05%	0.01%
	UPBD	B	0.01%	0.08%	0.01%
	URBN	C	0.01%	0.12%	0.01%
	USAP	B	0.0%	0.07%	0.0%
	UTI	A	0.0%	0.06%	0.0%
	UVSP	B	0.0%	0.03%	0.0%
	VCTR	B	0.01%	0.18%	0.01%
	VERX	B	0.01%	0.1%	0.01%
	VRA	F	0.0%	0.02%	0.0%
	WABC	B	0.01%	0.14%	0.01%
	WGO	C	0.01%	0.04%	0.01%
	WHD	B	0.02%	0.1%	0.02%
	WMK	C	0.01%	0.16%	0.01%
	WNC	C	0.0%	0.03%	0.0%
	WSFS	A	0.02%	0.24%	0.02%
	WTTR	B	0.01%	0.23%	0.01%
	YOU	D	0.01%	0.05%	0.01%
	ZEUS	C	0.0%	0.12%	0.0%
	ZIMV	D	0.0%	0.07%	0.0%
	ZUMZ	C	0.0%	0.05%	0.0%

HDG Overweight 1485 Positions Relative to VFMF

	Symbol	Grade	Weight
	PCVX	D	0.06%
	INSM	C	0.06%
	SSB	B	0.05%
	HQY	B	0.05%
	RVMD	C	0.05%
	LUMN	C	0.05%
	FLR	B	0.05%
	BECN	B	0.04%
	BMI	B	0.04%
	MOD	A	0.04%
	GBCI	B	0.04%
	RHP	B	0.04%
	SPSC	C	0.04%
	CSWI	A	0.04%
	CWST	A	0.04%
	RKLB	B	0.04%
	ONB	B	0.04%
	GKOS	B	0.04%
	CADE	B	0.04%
	EXLS	B	0.04%
	GTLS	B	0.04%
	ANF	C	0.04%
	HLNE	B	0.04%
	ENSG	D	0.04%
	HAE	C	0.03%
	RNA	D	0.03%
	WK	B	0.03%
	AVNT	B	0.03%
	KAI	A	0.03%
	CWAN	B	0.03%
	SHAK	C	0.03%
	AUR	C	0.03%
	SWX	B	0.03%
	BOX	B	0.03%
	NJR	A	0.03%
	POR	C	0.03%
	CTRE	D	0.03%
	IRT	A	0.03%
	FELE	B	0.03%
	VLY	B	0.03%
	PECO	A	0.03%
	SFBS	B	0.03%
	TENB	C	0.03%
	CRNX	C	0.03%
	IBP	D	0.03%
	MMS	F	0.03%
	BDC	B	0.03%
	ACA	A	0.03%
	SLG	B	0.03%
	EXPO	D	0.03%
	MDGL	B	0.03%
	CRDO	B	0.03%
	ABG	B	0.03%
	RDNT	B	0.03%
	SKY	A	0.03%
	DY	D	0.03%
	UPST	B	0.03%
	MC	C	0.03%
	AVAV	D	0.03%
	UMBF	B	0.03%
	FFIN	B	0.03%
	KNF	A	0.03%
	QLYS	C	0.03%
	FSS	B	0.03%
	GATX	A	0.03%
	BPMC	C	0.03%
	RMBS	C	0.03%
	UBSI	B	0.03%
	ZWS	B	0.03%
	VRNS	D	0.03%
	ACIW	B	0.03%
	QTWO	A	0.03%
	CYTK	F	0.03%
	WTS	B	0.03%
	MARA	C	0.03%
	EPRT	B	0.03%
	ESNT	D	0.03%
	BCPC	B	0.03%
	HOMB	A	0.03%
	KRG	B	0.03%
	TRNO	F	0.03%
	MMSI	B	0.03%
	CHX	C	0.03%
	SUM	B	0.03%
	PIPR	B	0.03%
	ALTR	B	0.03%
	NOVT	D	0.03%
	SIGI	C	0.03%
	HRI	B	0.03%
	PPBI	B	0.02%
	ABR	C	0.02%
	PFS	B	0.02%
	OII	B	0.02%
	GSHD	A	0.02%
	PFSI	D	0.02%
	FFBC	A	0.02%
	CNS	B	0.02%
	VCYT	B	0.02%
	AGYS	A	0.02%
	SATS	D	0.02%
	STNE	F	0.02%
	UE	C	0.02%
	CPK	A	0.02%
	HTLF	B	0.02%
	SMTC	B	0.02%
	FOLD	F	0.02%
	LIVN	F	0.02%
	PRGS	A	0.02%
	IIPR	D	0.02%
	ALRM	C	0.02%
	ARCH	B	0.02%
	VSCO	B	0.02%
	MGRC	B	0.02%
	OSCR	D	0.02%
	BFH	B	0.02%
	LCII	C	0.02%
	SYNA	C	0.02%
	APAM	B	0.02%
	TNET	D	0.02%
	FORM	D	0.02%
	UNF	B	0.02%
	CWT	D	0.02%
	UEC	B	0.02%
	DEI	B	0.02%
	AVA	A	0.02%
	PTCT	B	0.02%
	CVBF	A	0.02%
	TGNA	B	0.02%
	NUVL	D	0.02%
	GHC	C	0.02%
	IOSP	B	0.02%
	TRN	C	0.02%
	BOH	B	0.02%
	VAL	D	0.02%
	HUBG	A	0.02%
	MIR	A	0.02%
	PAYO	A	0.02%
	AGIO	C	0.02%
	TDS	B	0.02%
	HASI	D	0.02%
	RYTM	C	0.02%
	ACVA	B	0.02%
	RIG	D	0.02%
	BXMT	C	0.02%
	HGV	B	0.02%
	DNLI	D	0.02%
	PTEN	C	0.02%
	ZETA	D	0.02%
	CARG	C	0.02%
	AWR	B	0.02%
	CWK	B	0.02%
	NEOG	F	0.02%
	ENV	B	0.02%
	PBF	D	0.02%
	SLAB	D	0.02%
	CLSK	C	0.02%
	HL	D	0.02%
	BNL	D	0.02%
	NPAB	B	0.02%
	FRSH	C	0.02%
	SXT	B	0.02%
	ALIT	C	0.02%
	NHI	D	0.02%
	SGBX	F	0.02%
	BBIO	F	0.02%
	PCH	D	0.02%
	SMPL	B	0.02%
	OTTR	C	0.02%
	GLNG	C	0.02%
	CDP	C	0.02%
	BLKB	B	0.02%
	AXSM	B	0.02%
	POWI	D	0.02%
	WD	D	0.02%
	NWE	B	0.02%
	GH	B	0.02%
	BL	B	0.02%
	NPO	A	0.02%
	ABM	B	0.02%
	CCOI	B	0.02%
	CNK	B	0.02%
	SITM	B	0.02%
	LANC	C	0.02%
	APLE	B	0.02%
	RIOT	C	0.02%
	EBC	B	0.02%
	DORM	B	0.02%
	ICUI	D	0.02%
	KTOS	B	0.02%
	CBZ	B	0.02%
	RXO	C	0.02%
	RUSHA	C	0.02%
	JBT	B	0.02%
	OPCH	D	0.02%
	ESE	B	0.02%
	ALE	A	0.02%
	REZI	A	0.02%
	MWA	B	0.02%
	PJT	A	0.02%
	BGC	C	0.02%
	ROAD	A	0.02%
	WDFC	B	0.02%
	AUB	B	0.02%
	PRCT	B	0.02%
	MGEE	C	0.02%
	SKT	B	0.02%
	ACLX	C	0.02%
	SR	A	0.02%
	FULT	A	0.02%
	AROC	B	0.02%
	VRRM	D	0.02%
	KFY	B	0.02%
	UCB	A	0.02%
	ASGN	F	0.02%
	BOOT	D	0.02%
	ESGR	B	0.02%
	STEP	B	0.02%
	SEM	B	0.02%
	PBH	A	0.02%
	PLXS	B	0.02%
	BCO	D	0.02%
	AEIS	B	0.02%
	TGTX	B	0.02%
	PI	D	0.02%
	FUL	F	0.02%
	PRIM	A	0.02%
	MAC	B	0.02%
	CORT	B	0.02%
	PNM	F	0.02%
	BE	B	0.02%
	SBRA	C	0.02%
	GVA	A	0.02%
	ORA	B	0.02%
	OGS	A	0.02%
	BKH	A	0.02%
	FTDR	A	0.02%
	KRYS	B	0.02%
	ITGR	B	0.02%
	AMN	F	0.01%
	LMB	A	0.01%
	PNTG	D	0.01%
	PRAA	C	0.01%
	VTOL	B	0.01%
	DCO	C	0.01%
	VITL	D	0.01%
	VSAT	F	0.01%
	CLB	B	0.01%
	SAH	A	0.01%
	RCKT	F	0.01%
	UTL	B	0.01%
	RWT	D	0.01%
	DNUT	D	0.01%
	VVI	C	0.01%
	DX	B	0.01%
	GDYN	B	0.01%
	ACMR	F	0.01%
	TMP	B	0.01%
	PDFS	C	0.01%
	BHRB	B	0.01%
	TRNS	D	0.01%
	ECVT	C	0.01%
	HCI	C	0.01%
	COUR	F	0.01%
	MMI	B	0.01%
	FMBH	B	0.01%
	VMEO	B	0.01%
	ACHR	B	0.01%
	LEU	C	0.01%
	BY	B	0.01%
	CXM	C	0.01%
	BZH	B	0.01%
	XRX	F	0.01%
	RDFN	D	0.01%
	INOD	B	0.01%
	ARQT	C	0.01%
	PFC	A	0.01%
	THR	B	0.01%
	PARR	D	0.01%
	MRTN	C	0.01%
	LFST	C	0.01%
	HRMY	D	0.01%
	BFC	B	0.01%
	AAOI	B	0.01%
	BLND	B	0.01%
	DRVN	B	0.01%
	BKD	D	0.01%
	PHR	F	0.01%
	ICHR	C	0.01%
	VZIO	A	0.01%
	EFC	C	0.01%
	OBK	B	0.01%
	JBI	F	0.01%
	BXC	B	0.01%
	TPB	B	0.01%
	OEC	C	0.01%
	OPEN	D	0.01%
	ANIP	F	0.01%
	NVAX	F	0.01%
	PRO	C	0.01%
	SDGR	C	0.01%
	NXRT	B	0.01%
	CMCO	B	0.01%
	IMAX	B	0.01%
	ARRY	C	0.01%
	INVA	D	0.01%
	TRS	B	0.01%
	FA	C	0.01%
	BLMN	F	0.01%
	FBRT	C	0.01%
	AMSC	B	0.01%
	DAN	D	0.01%
	AORT	B	0.01%
	WVE	C	0.01%
	UTZ	D	0.01%
	EVRI	A	0.01%
	ERII	D	0.01%
	MSGE	F	0.01%
	ARLO	C	0.01%
	QNST	B	0.01%
	NNBR	C	0.01%
	CBRL	C	0.01%
	CSR	B	0.01%
	FBMS	B	0.01%
	AUPH	B	0.01%
	EXPI	C	0.01%
	BRKL	B	0.01%
	MDXG	B	0.01%
	AMSF	B	0.01%
	SAVA	D	0.01%
	DGII	B	0.01%
	FIZZ	C	0.01%
	PMT	D	0.01%
	ASAN	C	0.01%
	KLG	C	0.01%
	ATSG	B	0.01%
	RC	D	0.01%
	XPEL	C	0.01%
	MXL	C	0.01%
	CNNE	B	0.01%
	ARDX	F	0.01%
	ALHC	C	0.01%
	ECPG	B	0.01%
	COHU	C	0.01%
	BLBD	D	0.01%
	KURA	F	0.01%
	IRON	B	0.01%
	PGNY	F	0.01%
	PBI	B	0.01%
	PDM	D	0.01%
	MSEX	B	0.01%
	DEA	D	0.01%
	DK	C	0.01%
	VICR	B	0.01%
	FLNC	C	0.01%
	DCOM	A	0.01%
	OCFC	B	0.01%
	CENX	B	0.01%
	HROW	D	0.01%
	CIFR	B	0.01%
	XPRO	F	0.01%
	NTST	D	0.01%
	MODG	F	0.01%
	ALGT	B	0.01%
	SAFT	C	0.01%
	JAMF	F	0.01%
	KW	B	0.01%
	AIV	C	0.01%
	XMTR	C	0.01%
	CARS	B	0.01%
	UMH	C	0.01%
	CRK	B	0.01%
	PLAY	D	0.01%
	SFL	D	0.01%
	WOR	F	0.01%
	NVEE	F	0.01%
	VRDN	D	0.01%
	KALU	C	0.01%
	RVLV	B	0.01%
	JBGS	D	0.01%
	WINA	B	0.01%
	GABC	B	0.01%
	UNFI	A	0.01%
	AAT	B	0.01%
	LNN	B	0.01%
	ARI	C	0.01%
	ENVX	F	0.01%
	SNDX	F	0.01%
	TVTX	B	0.01%
	TROX	D	0.01%
	UVV	B	0.01%
	GSAT	C	0.01%
	STAA	F	0.01%
	HLIT	D	0.01%
	TGI	B	0.01%
	THRM	D	0.01%
	LADR	B	0.01%
	CWH	B	0.01%
	UNIT	B	0.01%
	INFN	C	0.01%
	USPH	B	0.01%
	AESI	B	0.01%
	NTLA	F	0.01%
	PCT	C	0.01%
	CMPR	D	0.01%
	FOXF	F	0.01%
	JANX	C	0.01%
	MYGN	F	0.01%
	ZUO	B	0.01%
	SBH	C	0.01%
	XNCR	B	0.01%
	PLUG	F	0.01%
	WS	B	0.01%
	ALEX	C	0.01%
	SABR	C	0.01%
	SPT	C	0.01%
	LTH	C	0.01%
	ESRT	C	0.01%
	OCUL	D	0.01%
	EVH	F	0.01%
	ELME	D	0.01%
	VRE	B	0.01%
	ARVN	D	0.01%
	VRNT	C	0.01%
	HLX	B	0.01%
	CHEF	A	0.01%
	INMD	C	0.01%
	PAGS	F	0.01%
	BCRX	D	0.01%
	PEB	D	0.01%
	NIC	B	0.01%
	GNL	F	0.01%
	NRIX	D	0.01%
	RLJ	C	0.01%
	USLM	A	0.01%
	APPN	B	0.01%
	RXRX	F	0.01%
	SPNT	A	0.01%
	HTH	B	0.01%
	HELE	C	0.01%
	VECO	F	0.01%
	CSTM	F	0.01%
	UCTT	D	0.01%
	NTCT	C	0.01%
	XHR	B	0.01%
	AMC	C	0.01%
	CLDX	F	0.01%
	CODI	B	0.01%
	THS	D	0.01%
	VBTX	B	0.01%
	IART	C	0.01%
	NWN	A	0.01%
	GTY	B	0.01%
	IMVT	F	0.01%
	CGON	F	0.01%
	TDOC	C	0.01%
	NNI	D	0.01%
	HOPE	B	0.01%
	PDCO	D	0.01%
	PZZA	D	0.01%
	DFIN	D	0.01%
	KN	B	0.01%
	CSGS	B	0.01%
	SCL	C	0.01%
	SONO	C	0.01%
	WT	B	0.01%
	CUBI	C	0.01%
	SMMT	D	0.01%
	RXST	F	0.01%
	DVAX	C	0.01%
	PRM	C	0.01%
	WKC	D	0.01%
	LC	A	0.01%
	LTC	B	0.01%
	ATRC	C	0.01%
	LOB	B	0.01%
	HLIO	B	0.01%
	KROS	D	0.01%
	TARS	B	0.01%
	SASR	B	0.01%
	TGLS	B	0.01%
	WULF	C	0.01%
	TALO	C	0.01%
	NGVT	B	0.01%
	BHE	B	0.01%
	HE	C	0.01%
	VRTS	B	0.01%
	LMND	B	0.01%
	AMPH	D	0.01%
	NVCR	C	0.01%
	HMN	B	0.01%
	GEF	A	0.01%
	PD	C	0.01%
	CALX	D	0.01%
	WWW	B	0.01%
	TRUP	B	0.01%
	TNDM	F	0.01%
	SGRY	F	0.01%
	MIRM	B	0.01%
	ASTH	D	0.01%
	SJW	D	0.01%
	ADNT	F	0.01%
	JOE	F	0.01%
	VSEC	C	0.01%
	NBHC	B	0.01%
	MNKD	C	0.01%
	VERA	B	0.01%
	SRRK	B	0.01%
	KOS	F	0.01%
	SMR	B	0.01%
	MQ	F	0.01%
	RAMP	C	0.01%
	FBNC	A	0.01%
	SKWD	A	0.01%
	BEAM	D	0.01%
	KYMR	D	0.01%
	SOUN	C	0.01%
	LKFN	B	0.01%
	DRH	B	0.01%
	UPWK	B	0.01%
	OSW	A	0.01%
	WRBY	B	0.01%
	ALKT	B	0.01%
	NWBI	B	0.01%
	LGND	B	0.01%
	ALG	B	0.01%
	AKRO	B	0.01%
	SYBT	B	0.01%
	NEO	C	0.01%
	VSH	D	0.01%
	LBPH	A	0.01%
	ROG	D	0.01%
	STC	B	0.01%
	EXTR	B	0.01%
	FL	F	0.01%
	CRGY	B	0.01%
	PRG	C	0.01%
	GBX	A	0.01%
	FBK	B	0.01%
	MGNI	A	0.01%
	ACAD	D	0.01%
	OI	C	0.01%
	DBRG	F	0.01%
	VYX	B	0.01%
	SHO	C	0.01%
	LMAT	A	0.01%
	IVT	B	0.01%
	WSBC	A	0.01%
	IOVA	F	0.01%
	OMCL	C	0.01%
	ADUS	D	0.01%
	HURN	B	0.01%
	NATL	B	0.01%
	GERN	D	0.01%
	KAR	B	0.01%
	TWST	D	0.01%
	AMBA	B	0.01%
	MRCY	B	0.01%
	ROIC	A	0.01%
	B	B	0.01%
	RUN	F	0.01%
	PRVA	B	0.01%
	LGIH	D	0.01%
	VIAV	B	0.01%
	TFIN	A	0.01%
	INTA	A	0.01%
	AI	B	0.01%
	IDYA	F	0.01%
	JBLU	F	0.01%
	CNMD	C	0.01%
	ARWR	F	0.01%
	IGT	F	0.01%
	EVTC	B	0.01%
	NBTB	B	0.01%
	BANC	A	0.01%
	IPAR	B	0.01%
	RNST	B	0.01%
	AIR	B	0.01%
	DYN	F	0.01%
	EWTX	C	0.01%
	KWR	C	0.01%
	HI	C	0.01%
	JOBY	B	0.01%
	BRZE	C	0.01%
	CAKE	C	0.01%
	IBTX	B	0.01%
	CABO	C	0.01%
	TRMK	B	0.01%
	TTMI	B	0.01%
	YELP	C	0.01%
	CXW	B	0.01%
	ACLS	F	0.01%
	MTRN	C	0.01%
	MYRG	B	0.01%
	COMP	B	0.01%
	CCS	D	0.01%
	DIOD	D	0.01%
	JJSF	B	0.01%
	DOCN	D	0.01%
	CDE	D	0.01%
	VC	D	0.01%
	WERN	C	0.01%
	ENR	B	0.01%
	OSIS	B	0.01%
	WAFD	B	0.01%
	BANF	B	0.01%
	RPD	C	0.01%
	TOWN	B	0.01%
	TDW	F	0.01%
	RRR	D	0.01%
	LAUR	A	0.01%
	KLIC	B	0.01%
	SBCF	A	0.01%
	AIN	C	0.01%
	ZD	C	0.01%
	IRTC	D	0.01%
	SWTX	C	0.01%
	VCEL	B	0.01%
	AKR	B	0.01%
	BANR	B	0.01%
	POWL	C	0.01%
	PLMR	B	0.01%
	TMDX	F	0.01%
	MTX	B	0.01%
	VSTO	A	0.01%
	ICFI	F	0.01%
	FCPT	C	0.01%
	ENVA	B	0.01%
	NSP	D	0.01%
	PAR	B	0.01%
	FLYW	C	0.01%
	GT	C	0.01%
	BUR	C	0.01%
	PTON	B	0.01%
	OUT	A	0.01%
	SNEX	B	0.01%
	LXP	D	0.01%
	NARI	C	0.01%
	QRTEB	F	0.0%
	LYRA	F	0.0%
	VGAS	C	0.0%
	PRLD	F	0.0%
	VRCA	F	0.0%
	ARL	D	0.0%
	SST	F	0.0%
	RENB	F	0.0%
	ELEV	D	0.0%
	AVTE	D	0.0%
	RAPT	F	0.0%
	GOEV	F	0.0%
	AMPX	C	0.0%
	VALU	C	0.0%
	SES	F	0.0%
	TCI	D	0.0%
	CIX	D	0.0%
	ALXO	F	0.0%
	ATNM	F	0.0%
	PRPL	F	0.0%
	STTK	F	0.0%
	CURV	D	0.0%
	GMGI	D	0.0%
	SWKH	F	0.0%
	HOWL	F	0.0%
	STEM	F	0.0%
	GOCO	C	0.0%
	GALT	C	0.0%
	MASS	F	0.0%
	HLVX	D	0.0%
	METCB	D	0.0%
	IPSC	F	0.0%
	TLYS	F	0.0%
	STKS	F	0.0%
	BLUE	F	0.0%
	PEPG	F	0.0%
	OVID	F	0.0%
	CLPR	D	0.0%
	NL	B	0.0%
	AKYA	F	0.0%
	VHI	D	0.0%
	OPRX	F	0.0%
	REKR	F	0.0%
	SCWO	F	0.0%
	EEX	C	0.0%
	XFOR	F	0.0%
	INMB	F	0.0%
	NRDY	C	0.0%
	DLHC	F	0.0%
	VTSI	C	0.0%
	LCUT	F	0.0%
	ULBI	F	0.0%
	TDUP	C	0.0%
	QSI	C	0.0%
	CADL	F	0.0%
	GBIO	F	0.0%
	VERU	F	0.0%
	TUSK	D	0.0%
	WALD	F	0.0%
	CVGI	F	0.0%
	ACRV	F	0.0%
	CSTE	D	0.0%
	MPX	B	0.0%
	GLSI	D	0.0%
	CHRS	D	0.0%
	MAPS	C	0.0%
	EP	C	0.0%
	HQI	B	0.0%
	AIRS	C	0.0%
	RMBL	C	0.0%
	HBIO	F	0.0%
	EVEX	D	0.0%
	TTEC	F	0.0%
	RGLS	F	0.0%
	CPSS	B	0.0%
	FENC	D	0.0%
	EVI	C	0.0%
	SCPH	F	0.0%
	RILY	F	0.0%
	INNV	F	0.0%
	FRGE	F	0.0%
	QUIK	F	0.0%
	GRWG	F	0.0%
	TPIC	F	0.0%
	SCLX	F	0.0%
	PBYI	C	0.0%
	EGAN	C	0.0%
	CRDF	F	0.0%
	SBT	C	0.0%
	COOK	D	0.0%
	DIBS	F	0.0%
	ABOS	F	0.0%
	RMNI	C	0.0%
	BDTX	F	0.0%
	QIPT	F	0.0%
	PGEN	F	0.0%
	SSP	F	0.0%
	TNYA	C	0.0%
	LWAY	D	0.0%
	PAYS	F	0.0%
	INO	F	0.0%
	POWW	F	0.0%
	NTIC	C	0.0%
	CTRN	D	0.0%
	STXS	C	0.0%
	KFS	B	0.0%
	IAUX	F	0.0%
	MRAM	D	0.0%
	SSTI	C	0.0%
	LXRX	F	0.0%
	VTYX	F	0.0%
	SKIN	D	0.0%
	TAYD	D	0.0%
	AOMR	D	0.0%
	QRHC	D	0.0%
	JYNT	C	0.0%
	BKSY	C	0.0%
	III	C	0.0%
	ZYXI	D	0.0%
	SAVE	D	0.0%
	NC	B	0.0%
	LNZA	F	0.0%
	NODK	A	0.0%
	NPCE	C	0.0%
	SPCE	D	0.0%
	MDWD	D	0.0%
	CRNC	C	0.0%
	APPS	F	0.0%
	CMT	D	0.0%
	LCTX	F	0.0%
	TWIN	F	0.0%
	BBCP	C	0.0%
	XBIT	F	0.0%
	TSQ	D	0.0%
	SGHT	F	0.0%
	PNRG	B	0.0%
	NKTX	F	0.0%
	PEBK	B	0.0%
	CABA	F	0.0%
	OBIO	C	0.0%
	HFFG	C	0.0%
	FF	D	0.0%
	CLAR	D	0.0%
	TCX	F	0.0%
	SMTI	B	0.0%
	PBFS	B	0.0%
	SKYH	C	0.0%
	CDLX	D	0.0%
	BH	B	0.0%
	AMTX	C	0.0%
	ZURA	F	0.0%
	ACDC	C	0.0%
	CDZI	B	0.0%
	HRTX	F	0.0%
	GWRS	B	0.0%
	NREF	A	0.0%
	MHLD	C	0.0%
	ESCA	C	0.0%
	JRVR	F	0.0%
	IGMS	F	0.0%
	EML	D	0.0%
	QBTS	B	0.0%
	BTMD	C	0.0%
	ACHV	F	0.0%
	DC	D	0.0%
	FLL	D	0.0%
	STRS	B	0.0%
	BLNK	F	0.0%
	PRTH	C	0.0%
	SMHI	F	0.0%
	NRGV	C	0.0%
	MYPS	C	0.0%
	DXLG	F	0.0%
	AVD	D	0.0%
	GPRO	F	0.0%
	AVNW	F	0.0%
	STHO	F	0.0%
	AFCG	D	0.0%
	SLDP	F	0.0%
	GEOS	C	0.0%
	BOOM	F	0.0%
	LAW	D	0.0%
	EVC	C	0.0%
	BRCC	F	0.0%
	FFNW	C	0.0%
	INZY	F	0.0%
	SEVN	D	0.0%
	RXT	C	0.0%
	TRVI	D	0.0%
	GPMT	C	0.0%
	ATOS	F	0.0%
	NVRO	F	0.0%
	CRBU	F	0.0%
	ARAY	D	0.0%
	VIRC	B	0.0%
	RCKY	F	0.0%
	SAMG	B	0.0%
	ACTG	D	0.0%
	ATLO	D	0.0%
	SERA	F	0.0%
	CHMG	B	0.0%
	TSVT	F	0.0%
	NNBR	C	0.0%
	CHGG	D	0.0%
	RSVR	A	0.0%
	JOUT	D	0.0%
	HBB	F	0.0%
	ESSA	B	0.0%
	RELL	B	0.0%
	PVBC	B	0.0%
	BBAI	C	0.0%
	FET	D	0.0%
	MYFW	B	0.0%
	IRBT	F	0.0%
	INFU	B	0.0%
	ONTF	C	0.0%
	IBEX	B	0.0%
	SRI	F	0.0%
	LYEL	F	0.0%
	KOD	C	0.0%
	RGCO	C	0.0%
	CTV	A	0.0%
	FSP	C	0.0%
	NXDT	D	0.0%
	EPM	A	0.0%
	BMEA	F	0.0%
	MLP	B	0.0%
	CTGO	D	0.0%
	BELFA	D	0.0%
	MFIN	C	0.0%
	TLS	F	0.0%
	MODV	C	0.0%
	DSGN	C	0.0%
	CVRX	C	0.0%
	BLDE	D	0.0%
	VEL	A	0.0%
	BSVN	B	0.0%
	ALCO	D	0.0%
	MVIS	F	0.0%
	AEYE	C	0.0%
	FULC	F	0.0%
	TG	D	0.0%
	TTSH	D	0.0%
	SMID	B	0.0%
	GRPN	F	0.0%
	HOFT	C	0.0%
	NKSH	B	0.0%
	PSTX	D	0.0%
	MG	D	0.0%
	ALTG	C	0.0%
	PRME	F	0.0%
	PESI	B	0.0%
	CIO	D	0.0%
	MED	F	0.0%
	FORR	D	0.0%
	OB	C	0.0%
	NKTR	F	0.0%
	LSEA	D	0.0%
	VABK	C	0.0%
	ENTA	F	0.0%
	ADCT	F	0.0%
	LFMD	D	0.0%
	MITT	D	0.0%
	WTI	F	0.0%
	RMAX	C	0.0%
	KLTR	B	0.0%
	PANL	F	0.0%
	ZNTL	F	0.0%
	BARK	B	0.0%
	ASLE	C	0.0%
	FHTX	D	0.0%
	RGTI	C	0.0%
	BCBP	A	0.0%
	EWCZ	F	0.0%
	HPK	B	0.0%
	FATE	F	0.0%
	PYXS	D	0.0%
	ATNI	F	0.0%
	ASUR	C	0.0%
	OFLX	D	0.0%
	GNE	D	0.0%
	ALDX	D	0.0%
	LILA	D	0.0%
	TBI	F	0.0%
	GAMB	A	0.0%
	USCB	B	0.0%
	MEC	D	0.0%
	NATR	C	0.0%
	LCNB	A	0.0%
	HMST	D	0.0%
	GENC	B	0.0%
	BWFG	A	0.0%
	KRT	A	0.0%
	SGC	C	0.0%
	SKYT	D	0.0%
	BRT	B	0.0%
	PLL	C	0.0%
	OVLY	A	0.0%
	DBI	F	0.0%
	ITOS	F	0.0%
	UTMD	F	0.0%
	ISTR	B	0.0%
	PCB	A	0.0%
	QUAD	C	0.0%
	BHR	B	0.0%
	PFMT	D	0.0%
	EDIT	F	0.0%
	PINE	C	0.0%
	MGNX	F	0.0%
	NATH	C	0.0%
	LE	D	0.0%
	INSE	C	0.0%
	FVCB	B	0.0%
	ANIK	F	0.0%
	ABSI	F	0.0%
	REI	D	0.0%
	DH	D	0.0%
	IHRT	C	0.0%
	JAKK	C	0.0%
	SWIM	C	0.0%
	PRCH	C	0.0%
	STRO	F	0.0%
	ILPT	D	0.0%
	MBCN	B	0.0%
	ONEW	D	0.0%
	BLFY	B	0.0%
	LUNG	F	0.0%
	FREY	B	0.0%
	RNGR	B	0.0%
	ORN	C	0.0%
	RDW	B	0.0%
	CRCT	F	0.0%
	PKBK	A	0.0%
	GCBC	C	0.0%
	EVCM	B	0.0%
	OCGN	F	0.0%
	NWFL	C	0.0%
	OLPX	D	0.0%
	FSTR	B	0.0%
	MVBF	B	0.0%
	CRMT	C	0.0%
	THRD	D	0.0%
	FRST	B	0.0%
	DGICA	A	0.0%
	CPS	C	0.0%
	MGTX	C	0.0%
	BLZE	F	0.0%
	WSBF	C	0.0%
	TSBK	B	0.0%
	CCCC	F	0.0%
	MRSN	D	0.0%
	ACCD	D	0.0%
	VPG	D	0.0%
	HEAR	C	0.0%
	RM	D	0.0%
	KRO	D	0.0%
	RLGT	A	0.0%
	WEYS	C	0.0%
	DSP	B	0.0%
	TRAK	B	0.0%
	CBNK	B	0.0%
	AMPY	C	0.0%
	CTOS	C	0.0%
	XOMA	C	0.0%
	FLXS	B	0.0%
	VYGR	F	0.0%
	ANGO	D	0.0%
	WOW	B	0.0%
	NGS	B	0.0%
	HDSN	F	0.0%
	SNBR	F	0.0%
	RRBI	A	0.0%
	PCYO	B	0.0%
	REFI	A	0.0%
	MBI	B	0.0%
	CDXS	B	0.0%
	MNTK	F	0.0%
	HRTG	C	0.0%
	KODK	B	0.0%
	SAGE	F	0.0%
	PLBC	A	0.0%
	CBAN	B	0.0%
	PBPB	C	0.0%
	ORGO	B	0.0%
	PKE	B	0.0%
	EB	C	0.0%
	LRMR	F	0.0%
	PACK	B	0.0%
	VNDA	C	0.0%
	IPI	B	0.0%
	ULCC	D	0.0%
	BCML	A	0.0%
	ATLC	B	0.0%
	FDBC	C	0.0%
	NRC	F	0.0%
	LEGH	D	0.0%
	DOMO	C	0.0%
	AVAH	B	0.0%
	APEI	B	0.0%
	AMPS	C	0.0%
	ALLO	F	0.0%
	PKOH	B	0.0%
	AEHR	F	0.0%
	AMCX	C	0.0%
	CRSR	C	0.0%
	VLGEA	B	0.0%
	PHAT	F	0.0%
	PSTL	D	0.0%
	FLIC	B	0.0%
	NGVC	A	0.0%
	HBT	B	0.0%
	FNLC	B	0.0%
	CYRX	F	0.0%
	TITN	C	0.0%
	COFS	A	0.0%
	BWB	B	0.0%
	TH	C	0.0%
	CZNC	B	0.0%
	PLSE	C	0.0%
	BYND	F	0.0%
	JMSB	C	0.0%
	GNTY	A	0.0%
	GCO	B	0.0%
	OBT	C	0.0%
	SSBK	B	0.0%
	CERS	C	0.0%
	TYRA	F	0.0%
	RCEL	C	0.0%
	NNOX	C	0.0%
	SENEA	B	0.0%
	FRBA	C	0.0%
	METC	C	0.0%
	CZFS	B	0.0%
	GLUE	C	0.0%
	ACIC	B	0.0%
	SANA	F	0.0%
	SFIX	B	0.0%
	LOCO	D	0.0%
	OIS	C	0.0%
	BYRN	B	0.0%
	UNTY	B	0.0%
	FNKO	D	0.0%
	SLQT	C	0.0%
	HNRG	B	0.0%
	MEI	D	0.0%
	AQST	D	0.0%
	LAZR	F	0.0%
	DENN	D	0.0%
	ATEX	D	0.0%
	ALEC	F	0.0%
	MLYS	F	0.0%
	NEWT	B	0.0%
	BWMN	C	0.0%
	ADV	D	0.0%
	OOMA	B	0.0%
	CLFD	D	0.0%
	FSBW	B	0.0%
	CDXC	B	0.0%
	TRC	F	0.0%
	WOOF	D	0.0%
	MTRX	B	0.0%
	CIVB	B	0.0%
	VERV	F	0.0%
	SFST	B	0.0%
	CENT	C	0.0%
	CELC	F	0.0%
	INBK	B	0.0%
	SVRA	D	0.0%
	CMPO	A	0.0%
	LWLG	F	0.0%
	TRUE	B	0.0%
	RMR	F	0.0%
	LGTY	D	0.0%
	LUNR	B	0.0%
	TWI	F	0.0%
	MCFT	B	0.0%
	FLGT	F	0.0%
	ULH	B	0.0%
	MAX	F	0.0%
	CNSL	C	0.0%
	TBPH	C	0.0%
	TERN	F	0.0%
	ITIC	B	0.0%
	HBCP	B	0.0%
	TSHA	C	0.0%
	RBBN	C	0.0%
	ODC	C	0.0%
	OABI	F	0.0%
	HIFS	B	0.0%
	BOC	C	0.0%
	EBTC	B	0.0%
	EGHT	C	0.0%
	NECB	B	0.0%
	XPOF	C	0.0%
	OUST	C	0.0%
	MTW	C	0.0%
	RDVT	A	0.0%
	KALV	D	0.0%
	ACRE	C	0.0%
	OLMA	F	0.0%
	GIC	D	0.0%
	ANAB	F	0.0%
	TMCI	D	0.0%
	AKBA	C	0.0%
	KIDS	D	0.0%
	OMER	A	0.0%
	NUS	D	0.0%
	ARCT	F	0.0%
	GEF	A	0.0%
	DDD	C	0.0%
	TCMD	A	0.0%
	WRLD	C	0.0%
	REPX	A	0.0%
	TCBX	A	0.0%
	CWCO	C	0.0%
	REAL	A	0.0%
	WTBA	B	0.0%
	NVEC	C	0.0%
	LXFR	C	0.0%
	DSGR	D	0.0%
	GHM	A	0.0%
	NPK	B	0.0%
	GLRE	B	0.0%
	GTN	F	0.0%
	FC	F	0.0%
	FMAO	B	0.0%
	ESPR	C	0.0%
	FISI	A	0.0%
	ACNB	B	0.0%
	NOVA	F	0.0%
	LINC	B	0.0%
	LAND	F	0.0%
	FRPH	A	0.0%
	XERS	B	0.0%
	PPTA	C	0.0%
	DMRC	C	0.0%
	BSRR	B	0.0%
	QTRX	F	0.0%
	BFS	C	0.0%
	MITK	C	0.0%
	RBB	B	0.0%
	DCGO	C	0.0%
	YMAB	F	0.0%
	BIGC	C	0.0%
	HUMA	F	0.0%
	FBIZ	B	0.0%
	URGN	F	0.0%
	ALX	D	0.0%
	BVS	D	0.0%
	BCAL	B	0.0%
	CLDT	B	0.0%
	BMRC	B	0.0%
	BALY	C	0.0%
	LMNR	B	0.0%
	STOK	F	0.0%
	RVNC	F	0.0%
	NRIM	A	0.0%
	CTO	B	0.0%
	TREE	F	0.0%
	CARE	C	0.0%
	MYE	F	0.0%
	CHPT	F	0.0%
	PACB	F	0.0%
	AURA	D	0.0%
	THRY	F	0.0%
	RGNX	F	0.0%
	IRMD	C	0.0%
	TRDA	B	0.0%
	FUBO	F	0.0%
	FDMT	F	0.0%
	OLP	B	0.0%
	HCAT	D	0.0%
	LOVE	B	0.0%
	DHIL	A	0.0%
	USNA	C	0.0%
	SVC	F	0.0%
	AGS	A	0.0%
	SLP	D	0.0%
	LGF.A	C	0.0%
	LXU	B	0.0%
	KRNY	B	0.0%
	RICK	C	0.0%
	CLNE	D	0.0%
	EVER	F	0.0%
	SPFI	B	0.0%
	CVGW	D	0.0%
	EYPT	F	0.0%
	BAND	B	0.0%
	LIND	C	0.0%
	CCSI	C	0.0%
	MOFG	A	0.0%
	PKST	D	0.0%
	EE	A	0.0%
	TTI	C	0.0%
	LASR	D	0.0%
	FNA	C	0.0%
	SHYF	C	0.0%
	KE	C	0.0%
	ERAS	C	0.0%
	RDUS	C	0.0%
	MPB	B	0.0%
	REAX	D	0.0%
	ATRO	D	0.0%
	NUVB	C	0.0%
	PFIS	A	0.0%
	ENFN	A	0.0%
	FFIC	B	0.0%
	BGS	F	0.0%
	FFWM	C	0.0%
	ARHS	F	0.0%
	CAPR	C	0.0%
	NWPX	A	0.0%
	GOGO	C	0.0%
	MRVI	F	0.0%
	SEMR	B	0.0%
	AGL	F	0.0%
	FARO	B	0.0%
	UIS	B	0.0%
	PX	A	0.0%
	RUSHB	B	0.0%
	HTZ	C	0.0%
	SHBI	A	0.0%
	CHCT	C	0.0%
	CLBK	B	0.0%
	HPP	F	0.0%
	GCMG	B	0.0%
	CMP	C	0.0%
	UHT	D	0.0%
	HONE	B	0.0%
	ALRS	D	0.0%
	PTVE	B	0.0%
	CTLP	B	0.0%
	AMRK	F	0.0%
	BTBT	C	0.0%
	RLAY	F	0.0%
	IMNM	F	0.0%
	PAHC	C	0.0%
	YORW	D	0.0%
	ESQ	A	0.0%
	WLDN	D	0.0%
	TRTX	B	0.0%
	WEAV	B	0.0%
	ORIC	F	0.0%
	CSV	B	0.0%
	KRUS	B	0.0%
	GMRE	F	0.0%
	MCS	B	0.0%
	IBTA	C	0.0%
	CCBG	B	0.0%
	ARKO	C	0.0%
	DIN	C	0.0%
	UFCS	B	0.0%
	SRDX	B	0.0%
	SIBN	F	0.0%
	ABUS	D	0.0%
	FPI	B	0.0%
	MLAB	D	0.0%
	OPK	C	0.0%
	NFBK	B	0.0%
	HTBI	B	0.0%
	BHB	B	0.0%
	VREX	C	0.0%
	AMBC	C	0.0%
	NVRI	F	0.0%
	ALT	C	0.0%
	LESL	C	0.0%
	UVE	B	0.0%
	AXGN	D	0.0%
	THFF	B	0.0%
	EGY	D	0.0%
	FWRG	C	0.0%
	AROW	B	0.0%
	EAF	C	0.0%
	DHC	F	0.0%
	NRDS	C	0.0%
	EBF	F	0.0%
	CCO	C	0.0%
	FOR	F	0.0%
	FSBC	B	0.0%
	MSBI	B	0.0%
	FMNB	B	0.0%
	MNMD	C	0.0%
	SMBK	B	0.0%
	AIOT	B	0.0%
	HNST	B	0.0%
	AVXL	B	0.0%
	HTLD	B	0.0%
	TIPT	B	0.0%
	PLOW	D	0.0%
	IIIV	C	0.0%
	IIIN	C	0.0%
	LQDA	D	0.0%
	CRMD	C	0.0%
	AVO	C	0.0%
	CCNE	B	0.0%
	GSBC	B	0.0%
	CMTG	F	0.0%
	ANNX	F	0.0%
	RYAM	C	0.0%
	MLNK	B	0.0%
	HY	D	0.0%
	NAPA	B	0.0%
	ADPT	C	0.0%
	SNCY	C	0.0%
	IRWD	F	0.0%
	ACEL	C	0.0%
	GDOT	D	0.0%
	SWBI	C	0.0%
	SMBC	B	0.0%
	PRTA	F	0.0%
	MEG	F	0.0%
	PTLO	F	0.0%
	ETWO	F	0.0%
	CASS	B	0.0%
	OFIX	B	0.0%
	MCBS	B	0.0%
	CNDT	C	0.0%
	CMRE	C	0.0%
	CBL	A	0.0%
	PGC	C	0.0%
	PL	A	0.0%
	RGR	F	0.0%
	PUBM	C	0.0%
	SHEN	F	0.0%
	OSPN	A	0.0%
	HZO	D	0.0%
	CEVA	B	0.0%
	FIGS	F	0.0%
	CVI	F	0.0%
	HTBK	A	0.0%
	LPRO	C	0.0%
	WLFC	B	0.0%
	RBCAA	B	0.0%
	HAIN	C	0.0%
	MATV	D	0.0%
	NBN	B	0.0%
	WASH	C	0.0%
	INN	D	0.0%
	EU	D	0.0%
	ZIP	F	0.0%
	REPL	B	0.0%
	NBR	C	0.0%
	PAX	B	0.0%
	ETNB	C	0.0%
	IMXI	B	0.0%
	KREF	D	0.0%
	GDEN	B	0.0%
	EOLS	D	0.0%
	MCB	B	0.0%
	OLO	B	0.0%
	BJRI	B	0.0%
	AOSL	C	0.0%
	EQBK	A	0.0%
	CAC	B	0.0%
	BFST	C	0.0%
	GOOD	B	0.0%
	SPRY	D	0.0%
	GPRE	F	0.0%
	SMP	B	0.0%
	RYI	C	0.0%
	BBUC	B	0.0%
	TRST	A	0.0%
	DAWN	F	0.0%
	GCI	D	0.0%
	MATW	C	0.0%
	AMTB	B	0.0%
	WSR	A	0.0%
	RPAY	D	0.0%
	MGPI	F	0.0%
	PLRX	F	0.0%
	CGEM	F	0.0%
	DJCO	B	0.0%
	VIR	D	0.0%
	SWI	B	0.0%
	CTKB	C	0.0%
	AXL	C	0.0%
	INDI	C	0.0%
	AHH	D	0.0%
	IAS	C	0.0%
	CSTL	D	0.0%
	MLR	B	0.0%
	IBUY	A	0.0%
	ORRF	B	0.0%
	MCW	B	0.0%
	PLYM	F	0.0%
	CDMO	B	0.0%
	BASE	C	0.0%
	BLFS	C	0.0%
	BMBL	C	0.0%
	HAYN	C	0.0%
	NABL	F	0.0%
	TTGT	C	0.0%
	JBSS	D	0.0%
	UDMY	F	0.0%
	PCRX	C	0.0%
	KOP	C	0.0%
	IBCP	B	0.0%
	HCKT	B	0.0%
	CFB	B	0.0%
	ASIX	A	0.0%
	FCBC	B	0.0%
	FLNG	B	0.0%
	SSTK	F	0.0%
	SHLS	F	0.0%
	GLDD	B	0.0%
	DFH	D	0.0%
	IE	C	0.0%
	HLF	C	0.0%
	SGHC	A	0.0%
	HBNC	B	0.0%
	CECO	A	0.0%
	BRSP	B	0.0%
	CCB	A	0.0%
	AMRC	F	0.0%
	YEXT	A	0.0%
	COGT	D	0.0%
	FSLY	D	0.0%
	LILAK	D	0.0%
	APLT	B	0.0%
	NEXT	B	0.0%
	LGF.A	C	0.0%
	ASTE	B	0.0%
	ASPN	F	0.0%
	AVNS	F	0.0%
	EGBN	B	0.0%
	ATEC	C	0.0%
	EMBC	C	0.0%
	APLD	A	0.0%
	RSI	B	0.0%
	GRC	A	0.0%
	HCSG	C	0.0%
	CFFN	B	0.0%
	SPNS	F	0.0%
	PRA	C	0.0%
	FG	B	0.0%
	ELVN	D	0.0%
	RCUS	F	0.0%
	EYE	C	0.0%
	CDRE	D	0.0%
	MNRO	D	0.0%
	COMM	D	0.0%
	JACK	D	0.0%
	FWRD	D	0.0%
	BDN	C	0.0%
	CTBI	B	0.0%
	ODP	F	0.0%
	VTLE	C	0.0%
	PGRE	F	0.0%

HDG Underweight 215 Positions Relative to VFMF

	Symbol	Grade	Weight
	WFC	A	-1.25%
	AFL	B	-1.08%
	AIG	B	-1.02%
	BK	A	-0.98%
	ABBV	D	-0.93%
	GOOG	C	-0.9%
	MMM	D	-0.9%
	VLO	C	-0.85%
	MPC	D	-0.83%
	QCOM	F	-0.82%
	HCA	F	-0.82%
	AXP	A	-0.82%
	META	D	-0.82%
	PM	B	-0.81%
	MO	A	-0.78%
	AMAT	F	-0.78%
	WMT	A	-0.78%
	T	A	-0.77%
	TMUS	B	-0.75%
	APO	B	-0.74%
	KR	B	-0.73%
	PHM	D	-0.72%
	JPM	A	-0.72%
	MCK	B	-0.71%
	MTG	C	-0.71%
	SYF	B	-0.71%
	HIG	B	-0.7%
	BPOP	B	-0.67%
	TGT	F	-0.65%
	LMT	D	-0.64%
	NVDA	C	-0.63%
	IBM	C	-0.61%
	FANG	D	-0.6%
	EWBC	A	-0.59%
	KMB	D	-0.59%
	CFG	B	-0.57%
	FDX	B	-0.54%
	CAH	B	-0.53%
	COST	B	-0.52%
	BKNG	A	-0.52%
	VZ	C	-0.52%
	KLAC	D	-0.52%
	EOG	A	-0.51%
	FI	A	-0.51%
	CI	F	-0.5%
	GOOGL	C	-0.5%
	CAT	B	-0.48%
	XOM	B	-0.47%
	OMF	A	-0.46%
	MRK	F	-0.46%
	CL	D	-0.46%
	ORI	A	-0.45%
	HRB	D	-0.45%
	GM	B	-0.44%
	TT	A	-0.44%
	OC	A	-0.44%
	GILD	C	-0.43%
	AZO	C	-0.43%
	TJX	A	-0.42%
	SLM	A	-0.41%
	PVH	C	-0.39%
	FITB	A	-0.39%
	JNJ	D	-0.38%
	UTHR	C	-0.37%
	RTX	C	-0.36%
	NWS	B	-0.36%
	INGR	B	-0.35%
	CBSH	A	-0.34%
	CBOE	B	-0.34%
	WRB	A	-0.33%
	CVX	A	-0.33%
	AMG	B	-0.32%
	ALSN	B	-0.3%
	PRI	A	-0.28%
	WSM	B	-0.28%
	UNM	A	-0.28%
	TK	D	-0.27%
	PSX	C	-0.27%
	FCX	D	-0.26%
	AYI	B	-0.26%
	DHI	D	-0.26%
	SKX	D	-0.26%
	TOL	B	-0.25%
	JBL	B	-0.24%
	CPAY	A	-0.23%
	STT	A	-0.23%
	VIRT	B	-0.23%
	DELL	C	-0.23%
	FNF	B	-0.23%
	EME	C	-0.22%
	M	D	-0.22%
	MHK	D	-0.22%
	WFRD	D	-0.22%
	COP	C	-0.22%
	LPX	B	-0.21%
	THO	B	-0.21%
	THC	D	-0.2%
	EQH	B	-0.2%
	AMKR	D	-0.2%
	SPOT	B	-0.2%
	PPC	C	-0.2%
	PGR	A	-0.2%
	CROX	D	-0.2%
	JEF	A	-0.19%
	RL	B	-0.19%
	HPQ	B	-0.19%
	BLD	D	-0.19%
	PKG	A	-0.19%
	BOKF	B	-0.19%
	CRM	B	-0.19%
	LEN	D	-0.19%
	NVR	D	-0.18%
	STLD	B	-0.18%
	COKE	C	-0.18%
	PINC	B	-0.18%
	CTRA	B	-0.17%
	URI	B	-0.17%
	AMP	A	-0.17%
	NTAP	C	-0.17%
	COR	B	-0.17%
	AGO	B	-0.17%
	R	B	-0.16%
	DECK	A	-0.16%
	CF	B	-0.16%
	CR	A	-0.16%
	FIX	A	-0.16%
	BG	F	-0.16%
	KD	B	-0.16%
	DVA	B	-0.16%
	BAC	A	-0.16%
	PR	B	-0.16%
	KEX	C	-0.16%
	ESAB	B	-0.15%
	CRBG	B	-0.15%
	PFGC	B	-0.15%
	RMD	C	-0.15%
	CHRD	D	-0.15%
	PYPL	B	-0.15%
	SNA	A	-0.15%
	MEDP	D	-0.15%
	TNL	A	-0.15%
	DKS	C	-0.15%
	LDOS	C	-0.15%
	FTI	A	-0.14%
	AN	C	-0.14%
	TNK	F	-0.14%
	TPR	B	-0.14%
	MUSA	A	-0.14%
	PCAR	B	-0.13%
	NUE	C	-0.13%
	VNT	B	-0.13%
	EXPE	B	-0.13%
	RCL	A	-0.12%
	WCC	B	-0.12%
	PSTG	D	-0.12%
	SSD	D	-0.12%
	CTSH	B	-0.12%
	UA	C	-0.12%
	OGN	D	-0.12%
	BLDR	D	-0.12%
	PH	A	-0.11%
	EXP	A	-0.11%
	RS	B	-0.11%
	GPC	D	-0.1%
	DOX	D	-0.1%
	MPWR	F	-0.1%
	UHS	D	-0.1%
	LYB	F	-0.1%
	ARW	D	-0.09%
	SWKS	F	-0.09%
	WLY	B	-0.09%
	MTDR	B	-0.08%
	GAP	C	-0.08%
	CACI	D	-0.07%
	WMS	D	-0.07%
	OVV	B	-0.07%
	CNA	B	-0.07%
	EBAY	D	-0.07%
	CTAS	B	-0.07%
	CG	A	-0.07%
	LEN	D	-0.07%
	JWN	C	-0.07%
	VFC	C	-0.07%
	CNM	D	-0.07%
	CSL	C	-0.07%
	LOPE	B	-0.06%
	C	A	-0.06%
	FLO	D	-0.06%
	WU	D	-0.06%
	CIVI	D	-0.06%
	CRUS	D	-0.06%
	BWA	D	-0.06%
	AMZN	C	-0.06%
	PFG	D	-0.06%
	RNR	C	-0.06%
	BBY	D	-0.05%
	SN	D	-0.05%
	BJ	A	-0.05%
	MET	A	-0.05%
	DASH	A	-0.05%
	CASY	A	-0.05%
	NXST	C	-0.04%
	VTRS	A	-0.04%
	WEX	D	-0.04%
	PRMW	C	-0.04%
	HPE	B	-0.04%
	GPK	C	-0.03%
	BYD	C	-0.03%
	BERY	B	-0.03%
	RRC	B	-0.03%
	TPL	A	-0.03%
	DDS	B	-0.03%
	MAN	D	-0.02%
	FFIV	B	-0.02%
	ADTN	A	-0.02%

HDG: 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 Savings & Cooperative Banks Insurance - Property & Casualty Restaurants Aerospace & Defense 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

VFMF: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Specialty Retail Residential Construction Shipping & Ports Asset Management Building Materials Oil & Gas Equipment & Services Apparel Manufacturing Credit Services Diversified Industrials Apparel Stores Business Services Electronic Components Software - Application Steel Banks - Global Biotechnology Education & Training Services Engineering & Construction

Keywords: S&P 500 Bank Banking Deposit Products Insurance Clothing Computing Construction Mining Natural Gas Nasdaq 100 Aerospace Building Materials Chemical Retail Store Commercial Banking Electronics Fashion Insurance Products Investment Management