ISCG vs. AFSM ETF Comparison

Comparison of iShares Morningstar Small-Cap Growth ETF (ISCG) to Active Factor Small Cap ETF (AFSM)

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

$53.20

Average Daily Volume

28,801

Number of Holdings ^*

986

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

15,693

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

Performance

Period	ISCG	AFSM
30 Days	8.99%	7.72%
60 Days	9.14%	6.49%
90 Days	10.36%	6.95%
12 Months	36.32%	33.58%

157 Overlapping Holdings

Symbol	Grade	Weight in ISCG	Weight in AFSM	Overlap
ACIW	B	0.18%	0.02%	0.02%
ACLS	F	0.09%	0.02%	0.02%
ADMA	B	0.19%	0.28%	0.19%
ADNT	F	0.03%	0.17%	0.03%
ADUS	D	0.09%	0.4%	0.09%
AGX	B	0.04%	0.25%	0.04%
AIT	A	0.42%	0.14%	0.14%
AKR	B	0.03%	0.29%	0.03%
ALKS	B	0.11%	0.93%	0.11%
ALKT	B	0.07%	0.12%	0.07%
ALRM	C	0.12%	0.14%	0.12%
AMKR	D	0.06%	0.21%	0.06%
AMPH	D	0.07%	0.05%	0.05%
AMR	C	0.04%	0.39%	0.04%
AMWD	C	0.03%	0.52%	0.03%
ANDE	D	0.02%	0.04%	0.02%
ANF	C	0.29%	0.82%	0.29%
ANIP	F	0.04%	0.37%	0.04%
APAM	B	0.07%	0.06%	0.06%
APOG	B	0.03%	0.37%	0.03%
APPF	B	0.2%	0.49%	0.2%
AROC	B	0.08%	0.64%	0.08%
ASGN	F	0.05%	0.19%	0.05%
ASTH	D	0.07%	0.1%	0.07%
ATEN	B	0.05%	0.05%	0.05%
ATGE	B	0.07%	0.32%	0.07%
ATKR	C	0.06%	0.33%	0.06%
AVNS	F	0.01%	0.27%	0.01%
AXSM	B	0.15%	0.17%	0.15%
AYI	B	0.28%	0.14%	0.14%
AZZ	B	0.05%	0.27%	0.05%
BDC	B	0.12%	0.39%	0.12%
BELFB	C	0.02%	0.53%	0.02%
BHE	B	0.03%	0.29%	0.03%
BLFS	C	0.03%	0.2%	0.03%
BMI	B	0.25%	0.63%	0.25%
BNL	D	0.04%	0.27%	0.04%
BPMC	C	0.24%	0.36%	0.24%
BRBR	A	0.39%	0.52%	0.39%
BRC	D	0.06%	0.16%	0.06%
BXC	B	0.02%	0.54%	0.02%
CASH	A	0.03%	0.35%	0.03%
CECO	A	0.04%	0.12%	0.04%
CEIX	A	0.04%	0.67%	0.04%
CGEM	F	0.01%	0.11%	0.01%
CHCO	B	0.03%	0.54%	0.03%
CNK	B	0.06%	0.3%	0.06%
CNXN	C	0.01%	0.35%	0.01%
COKE	C	0.26%	0.51%	0.26%
CORT	B	0.12%	0.57%	0.12%
CPRX	C	0.04%	0.93%	0.04%
CRAI	B	0.05%	0.36%	0.05%
CRDO	B	0.24%	0.29%	0.24%
CRS	A	0.37%	0.87%	0.37%
CRVL	A	0.14%	0.62%	0.14%
CSWI	A	0.28%	0.46%	0.28%
CTS	C	0.07%	0.06%	0.06%
CVLT	B	0.3%	0.74%	0.3%
CVNA	B	0.56%	0.53%	0.53%
DFIN	D	0.03%	0.46%	0.03%
DNOW	B	0.03%	0.29%	0.03%
EIG	B	0.02%	0.13%	0.02%
ENS	D	0.07%	0.2%	0.07%
EOLS	D	0.03%	0.04%	0.03%
EPAC	B	0.1%	0.0%	0.0%
EVER	F	0.01%	0.41%	0.01%
EXTR	B	0.08%	0.21%	0.08%
FORM	D	0.12%	0.04%	0.04%
FTDR	A	0.08%	0.06%	0.06%
GES	F	0.01%	0.15%	0.01%
GFF	A	0.07%	0.1%	0.07%
GMED	A	0.24%	0.61%	0.24%
HAE	C	0.18%	0.23%	0.18%
HALO	F	0.23%	0.7%	0.23%
HIMS	B	0.15%	0.51%	0.15%
HLX	B	0.06%	0.22%	0.06%
HRB	D	0.13%	0.44%	0.13%
HRMY	D	0.04%	0.36%	0.04%
HSII	B	0.02%	0.64%	0.02%
HURN	B	0.09%	0.29%	0.09%
HWKN	B	0.1%	0.61%	0.1%
IBOC	A	0.08%	0.31%	0.08%
IDCC	A	0.19%	1.17%	0.19%
IESC	B	0.1%	0.41%	0.1%
IIPR	D	0.06%	0.36%	0.06%
INTA	A	0.1%	0.26%	0.1%
ITCI	C	0.33%	0.27%	0.27%
JBI	F	0.02%	0.03%	0.02%
KRYS	B	0.18%	0.08%	0.08%
LGND	B	0.05%	0.41%	0.05%
LMAT	A	0.08%	0.23%	0.08%
LNTH	D	0.22%	0.43%	0.22%
LOPE	B	0.19%	0.36%	0.19%
LRN	A	0.12%	0.36%	0.12%
MATX	C	0.08%	0.37%	0.08%
MAX	F	0.01%	0.09%	0.01%
MCY	A	0.04%	0.65%	0.04%
MITK	C	0.01%	0.0%	0.0%
MLI	C	0.2%	1.38%	0.2%
MLKN	D	0.03%	0.08%	0.03%
MOG.A	B	0.19%	0.34%	0.19%
MRVI	F	0.02%	0.14%	0.02%
MUSA	A	0.43%	0.51%	0.43%
NHC	C	0.04%	1.2%	0.04%
NHI	D	0.14%	0.57%	0.14%
NSIT	F	0.09%	0.05%	0.05%
NSSC	D	0.05%	0.19%	0.05%
NX	C	0.03%	0.21%	0.03%
OMI	F	0.02%	0.06%	0.02%
ONTO	D	0.33%	0.19%	0.19%
OSCR	D	0.12%	0.11%	0.11%
OTTR	C	0.06%	0.04%	0.04%
PCRX	C	0.02%	0.13%	0.02%
PGNY	F	0.05%	0.03%	0.03%
PHR	F	0.04%	0.04%	0.04%
PI	D	0.17%	0.5%	0.17%
PIPR	B	0.09%	0.25%	0.09%
PLUS	F	0.04%	0.59%	0.04%
POWL	C	0.12%	0.7%	0.12%
PRDO	B	0.03%	0.47%	0.03%
PRM	C	0.04%	0.25%	0.04%
PSN	D	0.08%	0.27%	0.08%
QTWO	A	0.24%	0.4%	0.24%
RAMP	C	0.05%	0.1%	0.05%
RDN	C	0.1%	0.7%	0.1%
RDNT	B	0.21%	0.37%	0.21%
REZI	A	0.07%	0.6%	0.07%
RXST	F	0.06%	0.3%	0.06%
SANM	B	0.07%	0.67%	0.07%
SCVL	F	0.01%	0.15%	0.01%
SEMR	B	0.01%	0.04%	0.01%
SFM	A	0.42%	1.0%	0.42%
SKYW	B	0.11%	1.22%	0.11%
SPSC	C	0.27%	0.09%	0.09%
STRL	B	0.25%	0.84%	0.25%
SWI	B	0.01%	0.03%	0.01%
TARS	B	0.04%	0.19%	0.04%
TBBK	B	0.07%	0.7%	0.07%
TDC	D	0.07%	0.04%	0.04%
TGTX	B	0.1%	0.17%	0.1%
TILE	B	0.04%	0.37%	0.04%
TMDX	F	0.11%	0.21%	0.11%
TNC	D	0.04%	0.18%	0.04%
TWST	D	0.09%	0.13%	0.09%
UCTT	D	0.06%	0.18%	0.06%
UFPT	B	0.09%	0.6%	0.09%
USLM	A	0.06%	0.43%	0.06%
VCTR	B	0.06%	0.21%	0.06%
VITL	D	0.03%	0.03%	0.03%
VRNS	D	0.23%	0.26%	0.23%
WFRD	D	0.25%	0.42%	0.25%
WNC	C	0.02%	0.38%	0.02%
WT	B	0.03%	0.49%	0.03%
YEXT	A	0.04%	0.11%	0.04%
YMAB	F	0.01%	0.41%	0.01%
YOU	D	0.09%	0.37%	0.09%
ZETA	D	0.17%	0.81%	0.17%

ISCG Overweight 829 Positions Relative to AFSM

Symbol	Grade	Weight
TOST	B	0.71%
FTAI	B	0.69%
GWRE	A	0.67%
COHR	B	0.64%
SOFI	A	0.61%
AFRM	B	0.6%
CW	B	0.57%
TXRH	C	0.53%
ITT	A	0.51%
INSM	C	0.49%
BWXT	B	0.49%
OWL	A	0.48%
DUOL	A	0.48%
NCLH	B	0.46%
CUBE	D	0.45%
CTLT	B	0.43%
EXP	A	0.42%
IOT	A	0.42%
KNSL	B	0.42%
EXEL	B	0.41%
CAVA	B	0.41%
WWD	B	0.4%
ARMK	B	0.4%
EHC	B	0.4%
PCVX	D	0.39%
RBC	A	0.38%
TKO	B	0.38%
AAON	B	0.37%
FN	D	0.37%
DCI	B	0.37%
MTZ	B	0.36%
HQY	B	0.36%
PEN	B	0.36%
ROKU	D	0.36%
BILL	A	0.35%
PLNT	A	0.35%
PCTY	B	0.35%
CHE	D	0.34%
LNW	D	0.34%
EGP	F	0.34%
MTCH	D	0.33%
SKX	D	0.33%
NYT	C	0.33%
ENSG	D	0.33%
SMAR	A	0.32%
SPXC	A	0.32%
OLED	D	0.32%
KBR	F	0.32%
S	B	0.31%
ATR	B	0.31%
ESTC	C	0.31%
GKOS	B	0.31%
SSD	D	0.31%
HLNE	B	0.31%
GTLS	B	0.3%
ATI	D	0.3%
TREX	C	0.3%
FCN	D	0.29%
RYAN	B	0.29%
FRPT	B	0.29%
GTLB	B	0.29%
RLI	B	0.29%
MTSI	B	0.29%
EXLS	B	0.29%
RGEN	D	0.28%
MOD	A	0.28%
WSC	D	0.28%
TPX	B	0.28%
CACI	D	0.28%
AWI	A	0.28%
AZEK	A	0.28%
GNTX	C	0.28%
CFLT	B	0.27%
RHP	B	0.27%
FR	C	0.27%
CWST	A	0.27%
APG	B	0.27%
LSCC	D	0.27%
BFAM	D	0.26%
CART	C	0.26%
DOCS	C	0.26%
MKTX	D	0.26%
CGNX	C	0.26%
ELF	C	0.26%
KRG	B	0.25%
CR	A	0.25%
REXR	F	0.25%
MMSI	B	0.25%
FOUR	B	0.25%
PRI	A	0.25%
SEIC	B	0.25%
HLI	B	0.24%
CHX	C	0.24%
SUM	B	0.24%
NOVT	D	0.24%
ALTR	B	0.24%
LFUS	F	0.24%
DY	D	0.24%
OLLI	D	0.23%
RGLD	C	0.23%
FSS	B	0.23%
LBRDK	C	0.23%
RMBS	C	0.23%
SKY	A	0.23%
PATH	C	0.23%
AXTA	A	0.23%
WTS	B	0.23%
BCPC	B	0.23%
TRNO	F	0.23%
ZWS	B	0.23%
RL	B	0.22%
MARA	C	0.22%
KNX	B	0.22%
IONQ	B	0.22%
VKTX	F	0.22%
UPST	B	0.22%
EDR	A	0.22%
AVAV	D	0.22%
CHWY	B	0.21%
HCP	B	0.21%
ACA	A	0.21%
INSP	D	0.21%
QLYS	C	0.21%
ITRI	B	0.21%
BE	B	0.2%
EXPO	D	0.2%
H	B	0.2%
RHI	B	0.2%
BOX	B	0.2%
TTC	D	0.2%
TENB	C	0.2%
FRT	B	0.2%
GNRC	B	0.2%
HXL	D	0.2%
KEX	C	0.2%
ESAB	B	0.2%
IBP	D	0.2%
LAMR	D	0.2%
IONS	F	0.2%
CIEN	B	0.2%
MDGL	B	0.2%
VVV	F	0.2%
WK	B	0.19%
KAI	A	0.19%
FIVE	F	0.19%
JEF	A	0.19%
FLS	B	0.19%
PRCT	B	0.18%
UFPI	B	0.18%
WMG	C	0.18%
MASI	A	0.18%
WEX	D	0.18%
SHAK	C	0.18%
GPK	C	0.17%
CBT	C	0.17%
CRNX	C	0.17%
CHH	A	0.17%
CWAN	B	0.17%
JLL	D	0.17%
DLB	B	0.17%
FELE	B	0.17%
ORA	B	0.17%
VRRM	D	0.16%
SITM	B	0.16%
CCCS	B	0.16%
ALSN	B	0.16%
BROS	B	0.16%
NOV	C	0.16%
ROAD	A	0.16%
SMTC	B	0.15%
VNT	B	0.15%
PEGA	A	0.15%
EPRT	B	0.15%
PJT	A	0.15%
GME	C	0.15%
GH	B	0.15%
NNN	D	0.15%
CBZ	B	0.15%
LANC	C	0.15%
MTN	C	0.15%
AI	B	0.15%
KTOS	B	0.15%
MSA	D	0.15%
CVCO	A	0.15%
SITE	D	0.15%
WDFC	B	0.15%
ETSY	D	0.15%
RARE	D	0.15%
OPCH	D	0.15%
BHVN	D	0.15%
WTM	A	0.14%
ITGR	B	0.14%
MIDD	C	0.14%
ACHC	F	0.14%
MIR	A	0.14%
SMPL	B	0.14%
POST	C	0.14%
CLF	F	0.14%
RDDT	B	0.14%
PECO	A	0.14%
RIOT	C	0.14%
APLE	B	0.14%
LITE	B	0.13%
KNF	A	0.13%
ADC	B	0.13%
CLSK	C	0.13%
SLAB	D	0.13%
THG	A	0.13%
HAS	D	0.13%
AWR	B	0.13%
ACVA	B	0.13%
INGR	B	0.13%
R	B	0.13%
COLD	D	0.13%
TPG	A	0.13%
EVR	B	0.13%
UEC	B	0.13%
SG	B	0.13%
ALV	C	0.13%
NXT	C	0.13%
BRX	A	0.13%
AGO	B	0.13%
AGYS	A	0.12%
LPX	B	0.12%
BCO	D	0.12%
RVMD	C	0.12%
RELY	B	0.12%
MGRC	B	0.12%
IOSP	B	0.12%
BWIN	D	0.12%
BL	B	0.12%
CZR	F	0.12%
RKLB	B	0.12%
SAM	C	0.12%
HRI	B	0.12%
LSTR	D	0.12%
VCYT	B	0.12%
RH	B	0.12%
IRDM	D	0.12%
VOYA	B	0.12%
RYTM	C	0.12%
CARG	C	0.12%
NUVL	D	0.12%
NCNO	B	0.12%
TKR	D	0.11%
IRT	A	0.11%
NARI	C	0.11%
RXO	C	0.11%
NSP	D	0.11%
FCFS	F	0.11%
ALTM	C	0.11%
CFR	B	0.11%
CYTK	F	0.11%
MWA	B	0.11%
CNS	B	0.11%
GAP	C	0.11%
AMG	B	0.11%
VCEL	B	0.11%
PRIM	A	0.11%
PLXS	B	0.11%
DBX	B	0.11%
GSHD	A	0.11%
OII	B	0.11%
THO	B	0.11%
STAG	F	0.11%
LIVN	F	0.11%
FIVN	C	0.11%
FRSH	C	0.11%
DV	C	0.11%
GXO	B	0.11%
IRTC	D	0.1%
FROG	C	0.1%
APLS	D	0.1%
JBT	B	0.1%
SKT	B	0.1%
ESI	A	0.1%
MAT	D	0.1%
ALGM	D	0.1%
MYRG	B	0.1%
RPD	C	0.1%
KLIC	B	0.1%
HOMB	A	0.1%
BIO	D	0.1%
SPB	C	0.1%
AL	B	0.1%
SAIC	F	0.1%
ICFI	F	0.1%
PAR	B	0.1%
MKSI	C	0.1%
PLMR	B	0.1%
NPO	A	0.1%
VERX	B	0.1%
SWTX	C	0.09%
STEP	B	0.09%
WHD	B	0.09%
PTGX	C	0.09%
RUSHA	C	0.09%
RYN	D	0.09%
STRA	C	0.09%
FLYW	C	0.09%
AX	A	0.09%
BRZE	C	0.09%
CNX	A	0.09%
WULF	C	0.09%
RCM	F	0.09%
BC	C	0.09%
CNMD	C	0.09%
DORM	B	0.09%
MSGS	A	0.09%
GATX	A	0.09%
WH	B	0.09%
EBC	B	0.09%
PRVA	B	0.09%
KWR	C	0.09%
OSK	B	0.09%
IPAR	B	0.09%
BOOT	D	0.09%
LYFT	C	0.09%
SPR	D	0.09%
FUL	F	0.09%
GVA	A	0.09%
EEFT	B	0.09%
MTRN	C	0.09%
AZTA	D	0.08%
MNKD	C	0.08%
SEM	B	0.08%
POR	C	0.08%
IDA	A	0.08%
SYNA	C	0.08%
AEO	F	0.08%
CRUS	D	0.08%
ABM	B	0.08%
BATRK	C	0.08%
ICUI	D	0.08%
AVDX	B	0.08%
FFIN	B	0.08%
GERN	D	0.08%
ALG	B	0.08%
CALX	D	0.08%
VERA	B	0.08%
JOE	F	0.08%
AEIS	B	0.08%
ACAD	D	0.08%
SFBS	B	0.08%
BBIO	F	0.08%
YETI	C	0.08%
VAL	D	0.08%
PTCT	B	0.08%
VSEC	C	0.08%
LEA	D	0.08%
LCID	F	0.08%
SHO	C	0.08%
KFY	B	0.08%
ROCK	C	0.08%
FRHC	B	0.08%
AGIO	C	0.07%
MSM	C	0.07%
PTEN	C	0.07%
OSIS	B	0.07%
LOB	B	0.07%
PBH	A	0.07%
BLKB	B	0.07%
XNCR	B	0.07%
RRR	D	0.07%
CROX	D	0.07%
CRSP	D	0.07%
SXT	B	0.07%
MP	B	0.07%
AIN	C	0.07%
SGRY	F	0.07%
ROG	D	0.07%
TGLS	B	0.07%
UE	C	0.07%
PD	C	0.07%
ZI	D	0.07%
TRN	C	0.07%
FOLD	F	0.07%
ATRC	C	0.07%
MMS	F	0.07%
AM	A	0.07%
ASH	D	0.07%
OSW	A	0.07%
IOVA	F	0.07%
SIGI	C	0.07%
MGEE	C	0.07%
CDP	C	0.07%
ENV	B	0.07%
KYMR	D	0.07%
CDE	D	0.06%
INFA	D	0.06%
EVH	F	0.06%
COCO	B	0.06%
NSA	D	0.06%
DRS	B	0.06%
LNN	B	0.06%
NJR	A	0.06%
ZUO	B	0.06%
WRBY	B	0.06%
DNLI	D	0.06%
HASI	D	0.06%
SBCF	A	0.06%
MIRM	B	0.06%
POWI	D	0.06%
MBLY	C	0.06%
MSGE	F	0.06%
DBRG	F	0.06%
WSFS	A	0.06%
SPT	C	0.06%
JJSF	B	0.06%
PSMT	C	0.06%
CWT	D	0.06%
SMG	D	0.06%
TDW	F	0.06%
TRIP	F	0.06%
LTH	C	0.06%
CLDX	F	0.06%
SONO	C	0.06%
XHR	B	0.06%
UNF	B	0.06%
SXI	B	0.06%
KAR	B	0.06%
WEN	D	0.06%
AVPT	A	0.06%
IMVT	F	0.06%
COLM	B	0.05%
IMAX	B	0.05%
ARLO	C	0.05%
PRAX	C	0.05%
ARWR	F	0.05%
TFIN	A	0.05%
LOAR	A	0.05%
DGII	B	0.05%
MGNI	A	0.05%
CPK	A	0.05%
WINA	B	0.05%
AIR	B	0.05%
VIAV	B	0.05%
CENX	B	0.05%
ARCB	C	0.05%
HAYW	B	0.05%
WERN	C	0.05%
RNG	B	0.05%
SNEX	B	0.05%
MODG	F	0.05%
TNDM	F	0.05%
PATK	D	0.05%
COHU	C	0.05%
NEU	C	0.05%
VICR	B	0.05%
ALIT	C	0.05%
LAUR	A	0.05%
ASAN	C	0.05%
TRUP	B	0.05%
RIG	D	0.05%
PCH	D	0.05%
HGV	B	0.05%
CWEN	C	0.05%
BANF	B	0.05%
APPN	B	0.05%
FLNC	C	0.05%
RVLV	B	0.05%
DOCN	D	0.05%
KVYO	C	0.05%
IDYA	F	0.05%
THRM	D	0.05%
RXRX	F	0.05%
HHH	B	0.05%
HUN	F	0.05%
PPC	C	0.05%
GSAT	C	0.05%
HL	D	0.05%
YELP	C	0.05%
WVE	C	0.05%
PYCR	C	0.05%
MYGN	F	0.05%
NTLA	F	0.05%
HLIT	D	0.05%
UTI	A	0.04%
RLJ	C	0.04%
DCO	C	0.04%
IVT	B	0.04%
BLND	B	0.04%
SMMT	D	0.04%
ERII	D	0.04%
KROS	D	0.04%
LZ	D	0.04%
VVI	C	0.04%
LBRDA	C	0.04%
DIOD	D	0.04%
CLB	B	0.04%
SRRK	B	0.04%
GOLF	B	0.04%
XPEL	C	0.04%
FTRE	D	0.04%
IPGP	D	0.04%
PDFS	C	0.04%
DYN	F	0.04%
TRNS	D	0.04%
ESTA	D	0.04%
CXM	C	0.04%
URBN	C	0.04%
SHOO	D	0.04%
AMBA	B	0.04%
SLNO	B	0.04%
SYM	C	0.04%
TNET	D	0.04%
AKRO	B	0.04%
SHC	F	0.04%
HEES	B	0.04%
NEO	C	0.04%
ATEC	C	0.04%
LCII	C	0.04%
BGC	C	0.04%
VMEO	B	0.04%
GDYN	B	0.04%
LC	A	0.04%
PRO	C	0.04%
AVDL	F	0.04%
STAA	F	0.04%
NFE	D	0.04%
ICHR	C	0.04%
AAP	C	0.04%
EXPI	C	0.04%
ARDX	F	0.04%
HUT	B	0.04%
ULS	B	0.04%
SYBT	B	0.04%
HNI	B	0.04%
PZZA	D	0.04%
IAC	D	0.04%
ALEX	C	0.04%
LMND	B	0.04%
CERT	F	0.04%
RBRK	A	0.04%
JOBY	B	0.04%
OUT	A	0.04%
VECO	F	0.04%
MCRI	A	0.04%
QNST	B	0.04%
UPWK	B	0.03%
TALO	C	0.03%
ARVN	D	0.03%
CMCO	B	0.03%
NIC	B	0.03%
VRDN	D	0.03%
LKFN	B	0.03%
SDGR	C	0.03%
KGS	B	0.03%
ACHR	B	0.03%
LMB	A	0.03%
BJRI	B	0.03%
PUBM	C	0.03%
IDT	B	0.03%
INFN	C	0.03%
AIOT	B	0.03%
CHEF	A	0.03%
WTTR	B	0.03%
AUPH	B	0.03%
VRE	B	0.03%
NTST	D	0.03%
VSTS	C	0.03%
CWH	B	0.03%
UDMY	F	0.03%
FIZZ	C	0.03%
LBPH	A	0.03%
ROIC	A	0.03%
BBSI	B	0.03%
VRTS	B	0.03%
HLIO	B	0.03%
PWP	B	0.03%
SNDX	F	0.03%
CDRE	D	0.03%
BASE	C	0.03%
INDI	C	0.03%
THR	B	0.03%
UMH	C	0.03%
NABL	F	0.03%
SAVA	D	0.03%
HAYN	C	0.03%
COUR	F	0.03%
IAS	C	0.03%
USPH	B	0.03%
CGON	F	0.03%
HI	C	0.03%
AGM	C	0.03%
AMPL	C	0.03%
NVEE	F	0.03%
GO	C	0.03%
FCPT	C	0.03%
NBBK	B	0.03%
JAMF	F	0.03%
MTTR	B	0.03%
GRC	A	0.03%
EVTC	B	0.03%
SCL	C	0.03%
HSTM	B	0.03%
UTZ	D	0.03%
AMED	F	0.03%
TXG	F	0.03%
DVAX	C	0.03%
ASPN	F	0.03%
CCS	D	0.03%
PLUG	F	0.03%
NVCR	C	0.03%
DNUT	D	0.03%
PUMP	B	0.02%
ALNT	C	0.02%
IMXI	B	0.02%
KNSA	F	0.02%
DSGR	D	0.02%
KOP	C	0.02%
GOGO	C	0.02%
FIGS	F	0.02%
FNA	C	0.02%
KIDS	D	0.02%
ATEX	D	0.02%
REX	D	0.02%
CFB	B	0.02%
RPAY	D	0.02%
EVRI	A	0.02%
MMI	B	0.02%
AVO	C	0.02%
VZIO	A	0.02%
PACS	F	0.02%
MLR	B	0.02%
IMNM	F	0.02%
SYRE	F	0.02%
RCUS	F	0.02%
ECVT	C	0.02%
OLO	B	0.02%
AOSL	C	0.02%
FC	F	0.02%
ARCT	F	0.02%
NXRT	B	0.02%
EYPT	F	0.02%
ATSG	B	0.02%
BATRA	F	0.02%
PTLO	F	0.02%
CARS	B	0.02%
FOXF	F	0.02%
COGT	D	0.02%
SLP	D	0.02%
IE	C	0.02%
FA	C	0.02%
GABC	B	0.02%
BMBL	C	0.02%
DAWN	F	0.02%
KRUS	B	0.02%
ROOT	B	0.02%
SIBN	F	0.02%
TR	B	0.02%
AAT	B	0.02%
PRLB	A	0.02%
OEC	C	0.02%
LQDA	D	0.02%
LAB	F	0.02%
RUM	C	0.02%
HCKT	B	0.02%
CWEN	C	0.02%
AIV	C	0.02%
WEAV	B	0.02%
YORW	D	0.02%
ESRT	C	0.02%
SJW	D	0.02%
MXL	C	0.02%
FIP	D	0.02%
AESI	B	0.02%
ML	C	0.02%
PEB	D	0.02%
FWRG	C	0.02%
MSEX	B	0.02%
SKWD	A	0.02%
RLAY	F	0.02%
SAFE	D	0.02%
BTSG	C	0.02%
INVX	C	0.02%
GTY	B	0.02%
TGI	B	0.02%
AORT	B	0.02%
MBIN	D	0.02%
DXPE	B	0.02%
MEG	F	0.02%
DRVN	B	0.02%
BFC	B	0.02%
MLNK	B	0.02%
ZIP	F	0.02%
SAFT	C	0.02%
LEU	C	0.02%
TFSL	A	0.02%
NVAX	F	0.02%
RSI	B	0.02%
WS	B	0.02%
NN	B	0.02%
KFRC	D	0.02%
BSIG	A	0.02%
REYN	D	0.02%
TDOC	C	0.02%
CLVT	F	0.02%
TLRY	F	0.02%
GPRE	F	0.02%
FSLY	D	0.02%
MQ	F	0.02%
LQDT	B	0.02%
QCRH	A	0.02%
NOVA	F	0.01%
CTOS	C	0.01%
BOWL	C	0.01%
EWCZ	F	0.01%
ARKO	C	0.01%
CTRI	C	0.01%
PLPC	B	0.01%
PGY	F	0.01%
DNA	F	0.01%
GDRX	F	0.01%
KE	C	0.01%
SAGE	F	0.01%
PRME	F	0.01%
HBT	B	0.01%
HG	C	0.01%
GCT	D	0.01%
CELC	F	0.01%
STOK	F	0.01%
NPK	B	0.01%
OFLX	D	0.01%
TNGX	F	0.01%
PLRX	F	0.01%
LESL	C	0.01%
ORIC	F	0.01%
VREX	C	0.01%
QTRX	F	0.01%
ANAB	F	0.01%
ARHS	F	0.01%
NEXT	B	0.01%
ENFN	A	0.01%
TH	C	0.01%
ATRO	D	0.01%
SEDG	F	0.01%
CLBK	B	0.01%
PLOW	D	0.01%
SANA	F	0.01%
ABSI	F	0.01%
SNCY	C	0.01%
SVV	F	0.01%
FOR	F	0.01%
NBR	C	0.01%
MTUS	C	0.01%
MLAB	D	0.01%
EVCM	B	0.01%
UHT	D	0.01%
GDEN	B	0.01%
CSTL	D	0.01%
LAZR	F	0.01%
RUSHB	B	0.01%
AMBC	C	0.01%
NVTS	D	0.01%
FRPH	A	0.01%
FWRD	D	0.01%
MNTK	F	0.01%
GIC	D	0.01%
NRC	F	0.01%
ULCC	D	0.01%
GOOD	B	0.01%
LFST	C	0.01%
PLYM	F	0.01%
AMPS	C	0.01%
WOLF	F	0.01%
MCW	B	0.01%
DNTH	F	0.01%
CHCT	C	0.01%
GMRE	F	0.01%
TBLA	D	0.01%
IIIN	C	0.01%
EVLV	F	0.01%
NRDS	C	0.01%
TTGT	C	0.01%
EYE	C	0.01%
VERV	F	0.01%
TIPT	B	0.01%
AMRC	F	0.01%
SITC	D	0.01%
RES	D	0.01%
ATXS	F	0.01%
CCB	A	0.01%
CATX	F	0.01%
CASS	B	0.01%
SWBI	C	0.01%
RBCAA	B	0.01%
SVRA	D	0.01%
FPI	B	0.01%
WSR	A	0.01%
IIIV	C	0.01%
TTI	C	0.01%
AMAL	B	0.01%
MRTN	C	0.01%
PRA	C	0.01%
JBSS	D	0.01%
RCKT	F	0.01%
WMK	C	0.01%
MGPI	F	0.01%
EZPW	A	0.01%
TMCI	D	0.01%
BOC	C	0.01%
MUX	F	0.01%
ETWO	F	0.01%
TALK	B	0.01%
ALXO	F	0.0%
NKLA	F	0.0%
SCLX	F	0.0%
STTK	F	0.0%
CDLX	D	0.0%
CHGG	D	0.0%
DH	D	0.0%
ZNTL	F	0.0%
WEST	C	0.0%
ACCD	D	0.0%
BYON	F	0.0%
TYRA	F	0.0%
HPK	B	0.0%
GYRE	F	0.0%
ACTG	D	0.0%
LEGH	D	0.0%
LYEL	F	0.0%
CYRX	F	0.0%
TITN	C	0.0%
CLNE	D	0.0%
MYE	F	0.0%
ALEC	F	0.0%
REPX	A	0.0%
OABI	F	0.0%

ISCG Underweight 138 Positions Relative to AFSM

Symbol	Grade	Weight
PFBC	B	-0.87%
DAKT	B	-0.86%
FIX	A	-0.79%
EME	C	-0.79%
MHO	D	-0.78%
JXN	C	-0.78%
MTG	C	-0.73%
BCC	B	-0.72%
CALM	A	-0.72%
UVE	B	-0.7%
TMHC	B	-0.7%
SLVM	B	-0.65%
SLG	B	-0.65%
COOP	B	-0.63%
FDP	B	-0.61%
GMS	B	-0.6%
NTB	B	-0.58%
PRK	B	-0.58%
EGBN	B	-0.57%
NMIH	D	-0.56%
SUPN	C	-0.56%
BTU	B	-0.55%
TGNA	B	-0.55%
OFG	B	-0.54%
STBA	B	-0.53%
DOLE	D	-0.53%
KBH	D	-0.52%
GEO	B	-0.51%
ACT	D	-0.49%
TEX	D	-0.47%
PINC	B	-0.46%
DDS	B	-0.44%
PLAB	C	-0.43%
RMR	F	-0.42%
PRGS	A	-0.38%
INMD	C	-0.38%
VRNT	C	-0.38%
M	D	-0.37%
SIG	B	-0.37%
MD	B	-0.36%
CAL	D	-0.36%
BLBD	D	-0.36%
HIW	D	-0.35%
ESNT	D	-0.34%
PDM	D	-0.34%
TRMK	B	-0.34%
MTH	D	-0.34%
CMC	B	-0.33%
FBP	B	-0.33%
PBF	D	-0.32%
LPG	F	-0.32%
PFS	B	-0.32%
CUZ	B	-0.31%
SCS	C	-0.31%
SPNS	F	-0.3%
TWI	F	-0.3%
DXC	B	-0.3%
GRBK	D	-0.3%
SBRA	C	-0.29%
TCMD	A	-0.29%
ODP	F	-0.29%
VIRT	B	-0.28%
BKE	B	-0.28%
PHIN	A	-0.28%
ASO	F	-0.28%
HUBG	A	-0.28%
THFF	B	-0.28%
MEDP	D	-0.27%
SXC	A	-0.27%
HCC	B	-0.27%
ABG	B	-0.26%
BKU	A	-0.26%
CCRN	F	-0.26%
PRG	C	-0.26%
HCI	C	-0.26%
BKH	A	-0.26%
GNK	D	-0.25%
GIII	D	-0.25%
KN	B	-0.23%
VNDA	C	-0.23%
MED	F	-0.23%
NTCT	C	-0.23%
IMKTA	C	-0.22%
HDSN	F	-0.22%
SMP	B	-0.22%
SIGA	F	-0.21%
WABC	B	-0.21%
SBH	C	-0.21%
PK	B	-0.2%
KRC	C	-0.2%
CMPR	D	-0.2%
INSW	F	-0.2%
NUS	D	-0.2%
SGBX	F	-0.19%
DHT	F	-0.19%
ASC	F	-0.19%
TPC	C	-0.18%
GOGL	F	-0.18%
NAVI	C	-0.18%
HOV	D	-0.17%
NVST	B	-0.17%
KELYA	F	-0.16%
XRX	F	-0.16%
SD	D	-0.16%
HY	D	-0.16%
HROW	D	-0.16%
VSH	D	-0.16%
SCSC	B	-0.15%
STNG	F	-0.15%
NECB	B	-0.14%
METC	C	-0.14%
CWCO	C	-0.13%
MOV	C	-0.13%
CSGS	B	-0.13%
CLW	F	-0.12%
CHRD	D	-0.11%
INVA	D	-0.11%
AMCX	C	-0.1%
KTB	B	-0.08%
ATLO	D	-0.07%
TPH	D	-0.07%
PEBK	B	-0.07%
CTRE	D	-0.07%
WGO	C	-0.07%
GRND	A	-0.06%
JWN	C	-0.06%
KSS	F	-0.06%
SWX	B	-0.05%
REVG	B	-0.05%
OGS	A	-0.05%
HE	C	-0.04%
AMN	F	-0.04%
ETD	C	-0.04%
COLL	F	-0.04%
RYI	C	-0.03%
EMBC	C	-0.03%
LBRT	D	-0.03%
MAIN	A	-0.0%