ISCG vs. FSMD ETF Comparison

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

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

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

Performance

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

300 Overlapping Holdings

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

ISCG Overweight 700 Positions Relative to FSMD

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%

ISCG Underweight 273 Positions Relative to FSMD

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%