RFLR vs. VIOV ETF Comparison

Comparison of Innovator U.S. Small Cap Power Buffer ETF - September Innovator U.S. Small Cap Managed Floor ETF (RFLR) to Vanguard S&P Small-Cap 600 Value ETF (VIOV)

RFLR

Innovator U.S. Small Cap Power Buffer ETF - September Innovator U.S. Small Cap Managed Floor ETF

RFLR Description

The fund will invest at least 80% of its net assets (including borrowings for investment purposes) in equity securities of U.S. small capitalization companies and option contracts that give economic exposure to equity securities of U.S. small capitalization companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.77

Average Daily Volume

5,770

Number of Holdings ^*

1095

* may have additional holdings in another (foreign) market

VIOV

Vanguard S&P Small-Cap 600 Value ETF

VIOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600® Value Index, which represents the value companies of the S&P SmallCap 600 Index. The index measures the performance of small-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$97.67

Average Daily Volume

50,568

Number of Holdings ^*

450

* may have additional holdings in another (foreign) market

Performance

Period	RFLR	VIOV
30 Days	4.28%	6.59%
60 Days	5.22%	6.01%
90 Days		6.63%
12 Months		26.99%

327 Overlapping Holdings

	Symbol	Grade	Weight in RFLR	Weight in VIOV	Overlap
	ABCB	B	0.18%	0.58%	0.18%
	ABG	C	0.15%	0.34%	0.15%
	ABM	B	0.14%	0.49%	0.14%
	ABR	C	0.15%	0.41%	0.15%
	ACA	A	0.2%	0.27%	0.2%
	ACIW	B	0.16%	0.28%	0.16%
	ADNT	F	0.1%	0.25%	0.1%
	ADUS	D	0.1%	0.19%	0.1%
	AEIS	C	0.22%	0.23%	0.22%
	AGO	B	0.2%	0.24%	0.2%
	AHCO	F	0.06%	0.16%	0.06%
	AHH	D	0.06%	0.06%	0.06%
	AIR	B	0.12%	0.08%	0.08%
	AKR	B	0.12%	0.38%	0.12%
	ALEX	B	0.06%	0.2%	0.06%
	ALGT	B	0.07%	0.14%	0.07%
	AMWD	C	0.05%	0.09%	0.05%
	AORT	B	0.05%	0.07%	0.05%
	AOSL	C	0.04%	0.11%	0.04%
	APAM	B	0.13%	0.2%	0.13%
	APOG	C	0.04%	0.13%	0.04%
	ARCH	B	0.14%	0.12%	0.12%
	ARI	C	0.14%	0.06%	0.06%
	ASIX	B	0.03%	0.11%	0.03%
	ASTE	C	0.05%	0.11%	0.05%
	ATEN	A	0.05%	0.08%	0.05%
	AUB	B	0.15%	0.49%	0.15%
	AVA	A	0.13%	0.43%	0.13%
	AVNS	F	0.04%	0.12%	0.04%
	AWR	B	0.13%	0.21%	0.13%
	AX	B	0.2%	0.2%	0.2%
	B	A	0.07%	0.31%	0.07%
	BANC	B	0.12%	0.31%	0.12%
	BANF	B	0.12%	0.12%	0.12%
	BCPC	B	0.22%	0.35%	0.22%
	BFH	C	0.18%	0.36%	0.18%
	BFS	C	0.05%	0.03%	0.03%
	BGC	C	0.16%	0.22%	0.16%
	BGS	F	0.03%	0.1%	0.03%
	BHE	C	0.11%	0.23%	0.11%
	BJRI	C	0.04%	0.13%	0.04%
	BKE	B	0.1%	0.07%	0.07%
	BKU	A	0.13%	0.39%	0.13%
	BL	B	0.14%	0.14%	0.14%
	BLFS	C	0.07%	0.05%	0.05%
	BLMN	F	0.06%	0.09%	0.06%
	BOH	B	0.14%	0.25%	0.14%
	BOX	B	0.24%	0.26%	0.24%
	BSIG	A	0.05%	0.04%	0.04%
	BTU	B	0.09%	0.27%	0.09%
	BXMT	C	0.1%	0.46%	0.1%
	CABO	B	0.09%	0.23%	0.09%
	CAKE	C	0.12%	0.17%	0.12%
	CAL	F	0.07%	0.15%	0.07%
	CALX	D	0.11%	0.15%	0.11%
	CATY	B	0.02%	0.26%	0.02%
	CBRL	C	0.05%	0.15%	0.05%
	CCS	D	0.16%	0.17%	0.16%
	CENX	B	0.04%	0.13%	0.04%
	CERT	F	0.06%	0.07%	0.06%
	CEVA	B	0.02%	0.05%	0.02%
	CFFN	C	0.05%	0.12%	0.05%
	CHEF	A	0.07%	0.2%	0.07%
	CLB	B	0.05%	0.07%	0.05%
	CNS	B	0.12%	0.2%	0.12%
	CNXN	C	0.04%	0.11%	0.04%
	COHU	C	0.04%	0.1%	0.04%
	COOP	B	0.24%	0.83%	0.24%
	CORT	B	0.22%	0.23%	0.22%
	CPK	A	0.02%	0.22%	0.02%
	CRGY	B	0.07%	0.28%	0.07%
	CRK	B	0.08%	0.08%	0.08%
	CSGS	B	0.03%	0.1%	0.03%
	CSR	B	0.04%	0.16%	0.04%
	CTKB	C	0.03%	0.08%	0.03%
	CTRE	C	0.23%	0.29%	0.23%
	CTS	C	0.05%	0.1%	0.05%
	CVBF	A	0.14%	0.37%	0.14%
	CVI	F	0.07%	0.04%	0.04%
	CWEN	C	0.1%	0.39%	0.1%
	CWEN	C	0.1%	0.08%	0.08%
	CWT	C	0.11%	0.27%	0.11%
	CXM	C	0.05%	0.13%	0.05%
	CXW	C	0.12%	0.22%	0.12%
	DAN	D	0.03%	0.14%	0.03%
	DCOM	B	0.05%	0.15%	0.05%
	DEI	B	0.13%	0.43%	0.13%
	DGII	C	0.04%	0.15%	0.04%
	DIOD	D	0.12%	0.15%	0.12%
	DLX	B	0.05%	0.12%	0.05%
	DNOW	B	0.09%	0.18%	0.09%
	DOCN	C	0.1%	0.16%	0.1%
	DORM	B	0.12%	0.14%	0.12%
	DY	D	0.24%	0.74%	0.24%
	EAT	A	0.2%	0.39%	0.2%
	ECPG	C	0.04%	0.16%	0.04%
	EGBN	B	0.05%	0.12%	0.05%
	ELME	D	0.09%	0.22%	0.09%
	ENR	B	0.12%	0.16%	0.12%
	ENV	B	0.09%	0.27%	0.09%
	ENVA	B	0.11%	0.33%	0.11%
	EPAC	C	0.13%	0.12%	0.12%
	EPC	F	0.07%	0.25%	0.07%
	EPRT	B	0.34%	0.39%	0.34%
	ETD	C	0.04%	0.05%	0.04%
	EYE	C	0.07%	0.12%	0.07%
	EZPW	B	0.04%	0.09%	0.04%
	FBNC	B	0.11%	0.25%	0.11%
	FCPT	C	0.13%	0.21%	0.13%
	FDP	B	0.05%	0.16%	0.05%
	FFBC	B	0.09%	0.36%	0.09%
	FHB	B	0.19%	0.46%	0.19%
	FIZZ	C	0.05%	0.07%	0.05%
	FLGT	F	0.03%	0.06%	0.03%
	FOXF	F	0.08%	0.14%	0.08%
	FUL	F	0.14%	0.3%	0.14%
	FULT	A	0.15%	0.48%	0.15%
	FWRD	D	0.05%	0.1%	0.05%
	GBX	A	0.1%	0.27%	0.1%
	GDEN	B	0.04%	0.04%	0.04%
	GDOT	D	0.03%	0.09%	0.03%
	GEO	B	0.18%	0.3%	0.18%
	GIII	D	0.08%	0.17%	0.08%
	GNW	A	0.07%	0.42%	0.07%
	GO	C	0.09%	0.2%	0.09%
	GOGO	C	0.08%	0.03%	0.03%
	GTES	A	0.19%	0.42%	0.19%
	GVA	A	0.2%	0.26%	0.2%
	HAIN	D	0.02%	0.11%	0.02%
	HASI	D	0.15%	0.59%	0.15%
	HAYN	A	0.04%	0.05%	0.04%
	HAYW	B	0.08%	0.34%	0.08%
	HBI	B	0.08%	0.36%	0.08%
	HELE	C	0.08%	0.21%	0.08%
	HFWA	C	0.06%	0.12%	0.06%
	HI	C	0.12%	0.28%	0.12%
	HIMS	B	0.14%	0.52%	0.14%
	HIW	C	0.13%	0.52%	0.13%
	HLIT	D	0.06%	0.09%	0.06%
	HMN	B	0.07%	0.22%	0.07%
	HNI	B	0.09%	0.14%	0.09%
	HSII	B	0.05%	0.12%	0.05%
	HSTM	B	0.08%	0.05%	0.05%
	HTZ	C	0.04%	0.05%	0.04%
	HUBG	A	0.15%	0.39%	0.15%
	IART	C	0.1%	0.18%	0.1%
	IBTX	B	0.12%	0.31%	0.12%
	ICUI	D	0.21%	0.61%	0.21%
	IIPR	D	0.13%	0.24%	0.13%
	INDB	B	0.14%	0.39%	0.14%
	INVA	D	0.04%	0.08%	0.04%
	IOSP	C	0.13%	0.14%	0.13%
	IRWD	F	0.03%	0.03%	0.03%
	ITRI	C	0.15%	0.37%	0.15%
	JBLU	F	0.12%	0.25%	0.12%
	JBT	B	0.13%	0.21%	0.13%
	JXN	C	0.31%	1.1%	0.31%
	KALU	C	0.04%	0.17%	0.04%
	KAR	B	0.12%	0.25%	0.12%
	KFY	B	0.3%	0.23%	0.23%
	KLG	B	0.06%	0.16%	0.06%
	KLIC	B	0.18%	0.13%	0.13%
	KMT	B	0.16%	0.29%	0.16%
	KN	B	0.1%	0.13%	0.1%
	KOP	C	0.04%	0.05%	0.04%
	KREF	C	0.04%	0.1%	0.04%
	KRYS	C	0.16%	0.22%	0.16%
	KSS	F	0.13%	0.3%	0.13%
	KW	C	0.04%	0.18%	0.04%
	KWR	C	0.12%	0.15%	0.12%
	LCII	C	0.15%	0.15%	0.15%
	LESL	D	0.04%	0.07%	0.04%
	LGIH	F	0.1%	0.12%	0.1%
	LGND	C	0.09%	0.28%	0.09%
	LKFN	C	0.11%	0.13%	0.11%
	LNN	B	0.05%	0.1%	0.05%
	LXP	D	0.2%	0.41%	0.2%
	LZB	B	0.09%	0.11%	0.09%
	MAC	B	0.21%	0.59%	0.21%
	MC	C	0.33%	0.31%	0.31%
	MCW	C	0.04%	0.06%	0.04%
	MCY	A	0.1%	0.26%	0.1%
	MD	C	0.05%	0.15%	0.05%
	MGEE	B	0.15%	0.21%	0.15%
	MNRO	D	0.05%	0.12%	0.05%
	MODG	F	0.08%	0.2%	0.08%
	MP	C	0.09%	0.19%	0.09%
	MRCY	C	0.13%	0.24%	0.13%
	MRTN	D	0.1%	0.07%	0.07%
	MSEX	C	0.05%	0.09%	0.05%
	MTX	B	0.12%	0.18%	0.12%
	MXL	C	0.03%	0.06%	0.03%
	NABL	F	0.04%	0.05%	0.04%
	NARI	C	0.07%	0.15%	0.07%
	NAVI	F	0.05%	0.16%	0.05%
	NBR	C	0.03%	0.1%	0.03%
	NBTB	B	0.12%	0.31%	0.12%
	NGVT	B	0.12%	0.22%	0.12%
	NHC	C	0.1%	0.11%	0.1%
	NMIH	C	0.16%	0.16%	0.16%
	NPK	B	0.05%	0.03%	0.03%
	NTCT	C	0.05%	0.22%	0.05%
	NVEE	F	0.05%	0.17%	0.05%
	NVRI	D	0.02%	0.09%	0.02%
	NWL	C	0.16%	0.53%	0.16%
	NWN	A	0.05%	0.22%	0.05%
	NX	C	0.1%	0.06%	0.06%
	NXRT	B	0.06%	0.13%	0.06%
	ODP	F	0.06%	0.15%	0.06%
	OMCL	C	0.12%	0.33%	0.12%
	OUT	A	0.14%	0.21%	0.14%
	PAYO	A	0.08%	0.19%	0.08%
	PBH	A	0.18%	0.28%	0.18%
	PBI	B	0.07%	0.16%	0.07%
	PCRX	C	0.04%	0.11%	0.04%
	PDCO	F	0.09%	0.24%	0.09%
	PEB	D	0.1%	0.21%	0.1%
	PECO	A	0.23%	0.33%	0.23%
	PENN	C	0.15%	0.43%	0.15%
	PFS	B	0.13%	0.36%	0.13%
	PHIN	A	0.1%	0.3%	0.1%
	PI	D	0.09%	0.2%	0.09%
	PINC	B	0.01%	0.31%	0.01%
	PIPR	A	0.29%	0.33%	0.29%
	PJT	A	0.17%	0.21%	0.17%
	PLAB	C	0.08%	0.06%	0.06%
	PLUS	F	0.12%	0.13%	0.12%
	PLXS	B	0.17%	0.32%	0.17%
	PPBI	C	0.13%	0.36%	0.13%
	PRA	C	0.04%	0.11%	0.04%
	PRDO	B	0.09%	0.09%	0.09%
	PRK	B	0.13%	0.22%	0.13%
	PRLB	B	0.05%	0.03%	0.03%
	PSMT	D	0.11%	0.3%	0.11%
	PTGX	D	0.12%	0.11%	0.11%
	PUMP	C	0.04%	0.08%	0.04%
	PZZA	F	0.09%	0.13%	0.09%
	QNST	B	0.03%	0.17%	0.03%
	RC	D	0.1%	0.17%	0.1%
	RCUS	F	0.05%	0.07%	0.05%
	RDN	D	0.24%	0.34%	0.24%
	REZI	A	0.19%	0.42%	0.19%
	RNST	B	0.1%	0.32%	0.1%
	ROG	D	0.08%	0.08%	0.08%
	ROIC	A	0.16%	0.29%	0.16%
	RUSHA	C	0.17%	0.28%	0.17%
	RXO	D	0.13%	0.3%	0.13%
	SABR	C	0.06%	0.08%	0.06%
	SAFT	B	0.06%	0.17%	0.06%
	SAH	C	0.05%	0.12%	0.05%
	SANM	B	0.18%	0.56%	0.18%
	SATS	D	0.06%	0.44%	0.06%
	SBCF	B	0.12%	0.33%	0.12%
	SBH	C	0.11%	0.19%	0.11%
	SBSI	C	0.06%	0.08%	0.06%
	SCL	C	0.05%	0.22%	0.05%
	SCSC	C	0.05%	0.14%	0.05%
	SDGR	C	0.0%	0.06%	0.0%
	SEM	B	0.2%	0.49%	0.2%
	SFBS	C	0.22%	0.33%	0.22%
	SFNC	C	0.14%	0.42%	0.14%
	SITM	B	0.16%	0.19%	0.16%
	SJW	F	0.05%	0.14%	0.05%
	SKYW	C	0.18%	0.26%	0.18%
	SLG	B	0.24%	0.71%	0.24%
	SLP	D	0.03%	0.03%	0.03%
	SLVM	B	0.15%	0.43%	0.15%
	SMPL	B	0.17%	0.17%	0.17%
	SMTC	B	0.14%	0.27%	0.14%
	SNCY	C	0.05%	0.04%	0.04%
	SNDR	B	0.06%	0.19%	0.06%
	SNEX	B	0.1%	0.37%	0.1%
	SONO	C	0.08%	0.22%	0.08%
	SPTN	D	0.03%	0.1%	0.03%
	STAA	F	0.1%	0.08%	0.08%
	STBA	B	0.07%	0.1%	0.07%
	STC	B	0.14%	0.28%	0.14%
	STEP	C	0.15%	0.38%	0.15%
	STRA	C	0.09%	0.18%	0.09%
	SUPN	C	0.09%	0.16%	0.09%
	SXC	A	0.06%	0.13%	0.06%
	SXT	C	0.13%	0.27%	0.13%
	TALO	C	0.08%	0.19%	0.08%
	TDS	B	0.12%	0.21%	0.12%
	TGNA	B	0.14%	0.4%	0.14%
	TILE	B	0.06%	0.15%	0.06%
	TMP	B	0.07%	0.12%	0.07%
	TPH	D	0.18%	0.22%	0.18%
	TRMK	C	0.06%	0.31%	0.06%
	TRN	B	0.11%	0.21%	0.11%
	TRST	B	0.06%	0.09%	0.06%
	TRUP	B	0.08%	0.14%	0.08%
	TTGT	B	0.04%	0.05%	0.04%
	TTMI	C	0.11%	0.33%	0.11%
	TWI	F	0.04%	0.05%	0.04%
	UCB	A	0.16%	0.49%	0.16%
	UCTT	D	0.06%	0.22%	0.06%
	UE	B	0.17%	0.16%	0.16%
	UFCS	A	0.05%	0.06%	0.05%
	UNF	B	0.12%	0.23%	0.12%
	UNFI	A	0.05%	0.18%	0.05%
	UNIT	B	0.07%	0.09%	0.07%
	USPH	B	0.08%	0.08%	0.08%
	VIAV	C	0.1%	0.3%	0.1%
	VICR	C	0.05%	0.07%	0.05%
	VIR	D	0.03%	0.1%	0.03%
	VIRT	A	0.13%	0.37%	0.13%
	VRE	B	0.05%	0.12%	0.05%
	VSCO	C	0.11%	0.35%	0.11%
	VSTO	A	0.09%	0.37%	0.09%
	VSTS	C	0.08%	0.11%	0.08%
	VTLE	C	0.05%	0.06%	0.05%
	VTOL	B	0.03%	0.12%	0.03%
	WABC	B	0.07%	0.08%	0.07%
	WAFD	B	0.12%	0.4%	0.12%
	WD	D	0.16%	0.29%	0.16%
	WERN	C	0.09%	0.33%	0.09%
	WHD	B	0.12%	0.22%	0.12%
	WNC	C	0.0%	0.11%	0.0%
	WOLF	F	0.04%	0.13%	0.04%
	WS	C	0.06%	0.06%	0.06%
	WSFS	B	0.15%	0.23%	0.15%
	WWW	A	0.06%	0.18%	0.06%
	XHR	B	0.06%	0.09%	0.06%
	XNCR	B	0.04%	0.09%	0.04%
	XRX	F	0.06%	0.14%	0.06%
	YOU	D	0.11%	0.16%	0.11%

RFLR Overweight 769 Positions Relative to VIOV

	Symbol	Grade	Weight
	CSWI	B	0.34%
	GPI	B	0.33%
	MATX	C	0.31%
	CNX	A	0.31%
	CRC	A	0.3%
	KAI	B	0.3%
	FBP	C	0.29%
	RDNT	B	0.29%
	HLNE	B	0.29%
	OLLI	D	0.28%
	KD	B	0.28%
	ITGR	B	0.28%
	FOUR	A	0.28%
	CBT	D	0.28%
	APPF	B	0.27%
	STRL	A	0.26%
	HAE	C	0.26%
	AWI	A	0.26%
	HRI	C	0.25%
	COLB	B	0.25%
	MARA	B	0.25%
	AVAV	C	0.25%
	QTWO	A	0.25%
	CEIX	A	0.24%
	ALTR	B	0.24%
	TPG	A	0.24%
	QXO	D	0.24%
	AVNT	B	0.24%
	IESC	C	0.23%
	BECN	B	0.23%
	NVST	B	0.23%
	GMS	B	0.23%
	MDGL	B	0.23%
	SR	A	0.23%
	UPST	B	0.23%
	RKLB	A	0.23%
	BKH	A	0.22%
	WK	B	0.22%
	BOOT	C	0.22%
	MHO	D	0.22%
	SKT	A	0.22%
	BDC	C	0.22%
	OGS	A	0.22%
	KNF	B	0.22%
	UMBF	B	0.21%
	ASB	B	0.21%
	DNLI	D	0.21%
	HCP	B	0.21%
	LOPE	C	0.21%
	LEVI	F	0.2%
	BROS	A	0.2%
	HWC	B	0.2%
	ALE	A	0.2%
	AVT	C	0.19%
	SBRA	C	0.19%
	CNO	B	0.19%
	SHAK	C	0.19%
	KMPR	A	0.19%
	AUR	C	0.19%
	WTM	A	0.18%
	LRN	A	0.18%
	CCOI	B	0.18%
	SFL	D	0.18%
	ENS	F	0.18%
	AXSM	B	0.18%
	ACLX	C	0.18%
	OFG	B	0.18%
	R	B	0.18%
	IDCC	B	0.18%
	OII	B	0.18%
	ALIT	C	0.18%
	CWAN	B	0.18%
	RDDT	A	0.18%
	RYTM	C	0.17%
	PK	C	0.17%
	HL	D	0.17%
	PNM	B	0.17%
	ENOV	C	0.17%
	DOCS	C	0.17%
	ESGR	B	0.17%
	TNL	A	0.17%
	FTDR	B	0.17%
	CRNX	C	0.17%
	PRIM	A	0.17%
	CBZ	B	0.16%
	LITE	B	0.16%
	MOG.A	B	0.16%
	SYNA	C	0.16%
	RNA	C	0.16%
	INTA	B	0.16%
	TEX	F	0.16%
	MOD	A	0.16%
	GPOR	B	0.16%
	HCC	B	0.16%
	AXNX	A	0.16%
	TCBI	C	0.16%
	EBC	B	0.16%
	SPR	D	0.16%
	TGTX	B	0.16%
	OTTR	C	0.15%
	POWL	C	0.15%
	KFRC	D	0.15%
	ARWR	D	0.15%
	IBOC	B	0.15%
	PEGA	B	0.15%
	FIVN	C	0.15%
	NCNO	C	0.15%
	ESE	B	0.15%
	LAUR	A	0.15%
	ROAD	B	0.15%
	PTCT	B	0.15%
	RRR	F	0.15%
	VCYT	B	0.15%
	WSBC	B	0.15%
	BCC	B	0.15%
	RIOT	C	0.15%
	BLKB	B	0.15%
	WDFC	B	0.15%
	SLAB	F	0.15%
	MSGS	A	0.14%
	ATGE	B	0.14%
	CNK	C	0.14%
	MGRC	B	0.14%
	FSS	B	0.14%
	GATX	A	0.14%
	GRBK	D	0.14%
	CLSK	C	0.14%
	KTB	B	0.14%
	BHF	C	0.14%
	AI	B	0.14%
	SGBX	F	0.14%
	CVCO	A	0.14%
	FHI	B	0.14%
	UEC	B	0.14%
	UAA	C	0.14%
	HTLF	B	0.13%
	SMG	C	0.13%
	CPA	D	0.13%
	ARCB	C	0.13%
	MIR	A	0.13%
	SPB	C	0.13%
	CDP	C	0.13%
	NMRK	C	0.13%
	FIBK	B	0.13%
	CRVL	B	0.13%
	AMED	F	0.13%
	ALG	B	0.13%
	FROG	C	0.13%
	VCEL	B	0.13%
	BNL	D	0.13%
	VCTR	B	0.12%
	NPAB	F	0.12%
	FA	C	0.12%
	RNG	C	0.12%
	RPD	B	0.12%
	SYBT	B	0.12%
	SHO	D	0.12%
	ACAD	C	0.12%
	MWA	B	0.12%
	PCH	F	0.12%
	NVGS	D	0.12%
	AGYS	A	0.12%
	FRSH	B	0.12%
	SAM	C	0.12%
	PTON	A	0.12%
	FOLD	F	0.12%
	CALM	A	0.12%
	EPR	C	0.12%
	PRGS	A	0.12%
	MYRG	B	0.11%
	UMH	B	0.11%
	VSH	F	0.11%
	PARR	F	0.11%
	CARG	B	0.11%
	SIG	B	0.11%
	DRH	B	0.11%
	SNDX	F	0.11%
	LMND	B	0.11%
	GSHD	A	0.11%
	MNKD	C	0.11%
	GERN	D	0.11%
	GLNG	C	0.11%
	PRVA	C	0.11%
	EVTC	B	0.11%
	JWN	D	0.11%
	AGM	B	0.11%
	GT	C	0.11%
	TDC	D	0.11%
	AMBA	B	0.11%
	HURN	C	0.11%
	VC	F	0.11%
	WTTR	A	0.11%
	VAC	C	0.11%
	SGRY	F	0.11%
	MIRM	B	0.11%
	FELE	B	0.11%
	JJSF	C	0.11%
	DV	C	0.11%
	BXC	B	0.1%
	IMVT	F	0.1%
	KTOS	B	0.1%
	ESRT	C	0.1%
	WINA	C	0.1%
	VSEC	C	0.1%
	TDOC	C	0.1%
	CPRX	C	0.1%
	IMKTA	C	0.1%
	NOG	B	0.1%
	MTRN	C	0.1%
	NNI	D	0.1%
	CMCO	C	0.1%
	ALRM	C	0.1%
	SHC	F	0.1%
	NTB	B	0.1%
	AGIO	C	0.1%
	IPAR	B	0.1%
	BMI	B	0.1%
	EQC	B	0.1%
	GOLF	B	0.1%
	PRCT	B	0.09%
	GHC	B	0.09%
	WRBY	A	0.09%
	QS	F	0.09%
	VERA	C	0.09%
	PD	C	0.09%
	RAMP	B	0.09%
	KROS	D	0.09%
	LBPH	A	0.09%
	AIV	C	0.09%
	DFIN	D	0.09%
	PLUG	F	0.09%
	AKRO	B	0.09%
	HLIO	B	0.09%
	FRHC	B	0.09%
	PAR	A	0.09%
	TWST	F	0.09%
	NWE	B	0.09%
	AROC	A	0.09%
	DVAX	C	0.09%
	GSAT	C	0.09%
	EWTX	C	0.09%
	IPGP	D	0.09%
	SPT	C	0.09%
	CXT	C	0.09%
	APLE	B	0.09%
	VERX	A	0.09%
	CMPR	D	0.09%
	ICFI	F	0.09%
	UA	C	0.09%
	ATRC	C	0.09%
	IOVA	F	0.09%
	YELP	C	0.08%
	APPN	B	0.08%
	VRDN	D	0.08%
	RVLV	A	0.08%
	HEES	C	0.08%
	SOUN	B	0.08%
	RXRX	F	0.08%
	FORM	D	0.08%
	XMTR	B	0.08%
	HROW	D	0.08%
	THR	B	0.08%
	REVG	C	0.08%
	PATK	C	0.08%
	SXI	B	0.08%
	OKLO	B	0.08%
	AMSC	B	0.08%
	OEC	C	0.08%
	ARVN	F	0.08%
	SHOO	F	0.08%
	PRM	C	0.08%
	SMR	B	0.08%
	NSSC	D	0.08%
	AEO	F	0.08%
	BCRX	D	0.08%
	CC	C	0.08%
	CUBI	B	0.08%
	REX	D	0.08%
	PNTG	D	0.07%
	INDI	C	0.07%
	CDE	C	0.07%
	UNTY	B	0.07%
	SKY	A	0.07%
	MQ	D	0.07%
	COUR	F	0.07%
	PCT	C	0.07%
	VMEO	B	0.07%
	TARS	C	0.07%
	TVTX	C	0.07%
	FLNC	D	0.07%
	CTBI	B	0.07%
	NIC	B	0.07%
	TCBK	C	0.07%
	ZETA	D	0.07%
	VREX	B	0.07%
	TCMD	B	0.07%
	SRRK	C	0.07%
	BE	B	0.07%
	CLNE	F	0.07%
	AGX	B	0.07%
	TRIP	F	0.07%
	AMR	C	0.07%
	CGON	F	0.07%
	AVXL	B	0.07%
	JANX	C	0.07%
	GENI	C	0.07%
	UPWK	B	0.07%
	IVT	A	0.06%
	HTBK	B	0.06%
	IRON	B	0.06%
	OPY	B	0.06%
	PFIS	A	0.06%
	CCBG	B	0.06%
	KOS	D	0.06%
	OSW	B	0.06%
	CBL	B	0.06%
	FCBC	C	0.06%
	BCML	B	0.06%
	AMC	C	0.06%
	GASS	D	0.06%
	EBTC	C	0.06%
	SPFI	C	0.06%
	HWKN	B	0.06%
	TRS	B	0.06%
	MCBS	B	0.06%
	ETNB	C	0.06%
	EEX	C	0.06%
	TPB	B	0.06%
	DFH	D	0.06%
	CMRE	C	0.06%
	EFC	C	0.06%
	ACT	C	0.06%
	DAWN	D	0.06%
	CRMT	D	0.06%
	AAOI	B	0.06%
	SHBI	B	0.06%
	WTBA	B	0.06%
	OBK	C	0.06%
	EVRI	A	0.06%
	MSBI	B	0.06%
	KYMR	D	0.06%
	RBCAA	B	0.06%
	PLRX	D	0.06%
	OCUL	D	0.06%
	MBWM	B	0.06%
	AMRX	C	0.06%
	LEU	C	0.06%
	SMBK	B	0.06%
	CASH	B	0.06%
	NTST	C	0.06%
	CNOB	B	0.06%
	AMRC	F	0.06%
	IRMD	C	0.06%
	AMPH	F	0.06%
	SEMR	C	0.06%
	CAC	C	0.06%
	XPEL	B	0.06%
	CIVB	B	0.06%
	GES	F	0.06%
	WASH	C	0.06%
	BMRC	B	0.06%
	NEXT	C	0.06%
	TPC	C	0.06%
	DBRG	F	0.06%
	CECO	B	0.06%
	LGF.A	C	0.06%
	LADR	B	0.06%
	USLM	A	0.06%
	TMCI	C	0.06%
	PFC	B	0.06%
	ARDX	F	0.06%
	TGLS	B	0.05%
	TROX	D	0.05%
	FLYW	B	0.05%
	WMK	C	0.05%
	SPRY	C	0.05%
	INOD	B	0.05%
	CNNE	B	0.05%
	WULF	C	0.05%
	SFST	B	0.05%
	KRNY	C	0.05%
	BLX	B	0.05%
	PINE	C	0.05%
	FFIC	B	0.05%
	CRAI	C	0.05%
	MLR	C	0.05%
	ULH	C	0.05%
	PSTL	D	0.05%
	DCO	C	0.05%
	ANIP	F	0.05%
	FREY	B	0.05%
	ATSG	B	0.05%
	FRBA	D	0.05%
	FWRG	C	0.05%
	USCB	B	0.05%
	ARLO	C	0.05%
	MDXG	B	0.05%
	DRVN	B	0.05%
	SPNT	B	0.05%
	DGICA	A	0.05%
	CIFR	C	0.05%
	FSLY	D	0.05%
	SCS	C	0.05%
	ACCO	C	0.05%
	ECVT	C	0.05%
	NVRO	F	0.05%
	OLP	B	0.05%
	ANET	C	0.05%
	LC	A	0.05%
	CZNC	C	0.05%
	IDT	B	0.05%
	GNTY	A	0.05%
	ACHR	B	0.05%
	CTO	B	0.05%
	ALRS	D	0.05%
	TSBK	A	0.05%
	ASAN	B	0.05%
	BKD	F	0.05%
	OLO	A	0.05%
	FNLC	C	0.05%
	CLOV	D	0.05%
	BWB	B	0.05%
	RLJ	C	0.05%
	CAR	C	0.05%
	VVI	C	0.05%
	MSGE	F	0.05%
	CBAN	B	0.05%
	PCB	B	0.05%
	CTLP	B	0.05%
	CBNK	B	0.05%
	WT	A	0.05%
	RBB	B	0.05%
	SD	D	0.05%
	NBN	C	0.05%
	HBCP	C	0.05%
	GSBC	C	0.05%
	FBIZ	B	0.05%
	JBI	F	0.05%
	MOFG	B	0.05%
	HCI	C	0.04%
	IMXI	B	0.04%
	BH	B	0.04%
	ASTH	F	0.04%
	UVE	B	0.04%
	JAMF	F	0.04%
	DBI	F	0.04%
	ALX	D	0.04%
	MBIN	F	0.04%
	PRTH	B	0.04%
	BOC	C	0.04%
	TYRA	F	0.04%
	BCBP	B	0.04%
	ONTF	C	0.04%
	CSTL	D	0.04%
	SB	F	0.04%
	TTI	B	0.04%
	BKSY	B	0.04%
	VEL	A	0.04%
	MRC	B	0.04%
	FORR	C	0.04%
	HNST	A	0.04%
	SAVA	C	0.04%
	SBT	C	0.04%
	TREE	F	0.04%
	RM	C	0.04%
	SWBI	C	0.04%
	PRCH	B	0.04%
	GLDD	B	0.04%
	FIGS	F	0.04%
	UTI	B	0.04%
	RYI	C	0.04%
	RBBN	C	0.04%
	AVO	C	0.04%
	GDYN	B	0.04%
	LYTS	B	0.04%
	GTX	C	0.04%
	COMM	D	0.04%
	ZUO	B	0.04%
	BLND	A	0.04%
	CHCT	C	0.04%
	PPTA	C	0.04%
	BMBL	C	0.04%
	KE	C	0.04%
	ENVX	F	0.04%
	EOLS	D	0.04%
	DX	B	0.04%
	DOLE	D	0.04%
	LAND	F	0.04%
	PGRE	F	0.04%
	TRNS	D	0.04%
	AVD	C	0.04%
	CARE	C	0.04%
	PLTK	B	0.04%
	PYCR	B	0.04%
	HGTY	B	0.04%
	MLNK	C	0.04%
	FPI	B	0.04%
	UTZ	D	0.04%
	AMTB	B	0.04%
	JACK	C	0.04%
	APLT	C	0.04%
	PRO	C	0.04%
	BZH	C	0.04%
	CGEM	F	0.04%
	BRSP	C	0.04%
	LMB	B	0.04%
	COGT	D	0.04%
	PDM	D	0.04%
	AROW	B	0.04%
	BV	C	0.04%
	AXGN	C	0.04%
	CDXC	B	0.04%
	APLD	B	0.04%
	TRC	F	0.04%
	PAY	A	0.04%
	IBUY	B	0.04%
	RBRK	A	0.04%
	PCYO	A	0.04%
	EE	A	0.04%
	HY	D	0.03%
	XOMA	C	0.03%
	NPCE	C	0.03%
	RDUS	B	0.03%
	CDXS	B	0.03%
	CCO	C	0.03%
	CDRE	F	0.03%
	EAF	C	0.03%
	BYND	F	0.03%
	LILAK	D	0.03%
	ATUS	B	0.03%
	LQDA	F	0.03%
	OM	D	0.03%
	BALY	B	0.03%
	LWLG	D	0.03%
	TRDA	C	0.03%
	BAND	B	0.03%
	LGF.A	C	0.03%
	GEVO	D	0.03%
	XERS	C	0.03%
	RES	D	0.03%
	ERII	D	0.03%
	PFMT	F	0.03%
	VOR	D	0.03%
	AIOT	B	0.03%
	EBS	C	0.03%
	RXST	F	0.03%
	NNBR	C	0.03%
	CCSI	C	0.03%
	ZUMZ	B	0.03%
	GATO	C	0.03%
	ODC	B	0.03%
	HUMA	F	0.03%
	HNRG	B	0.03%
	OZ	C	0.03%
	LFST	B	0.03%
	NAPA	A	0.03%
	CATO	D	0.03%
	MTRX	B	0.03%
	CVGW	D	0.03%
	ONEW	F	0.03%
	DC	D	0.03%
	NRDS	C	0.03%
	PTLO	F	0.03%
	BTBT	C	0.03%
	USM	B	0.03%
	AMCX	C	0.03%
	LOVE	A	0.03%
	KRUS	B	0.03%
	ESEA	D	0.03%
	NRIX	C	0.03%
	CPS	C	0.03%
	WRLD	C	0.03%
	GTN	F	0.03%
	ZNTL	F	0.03%
	PDFS	C	0.03%
	FFWM	C	0.03%
	OSUR	F	0.03%
	FOR	F	0.03%
	BBW	C	0.03%
	AMPS	C	0.03%
	DAKT	C	0.03%
	NINE	C	0.03%
	METC	C	0.03%
	AGS	A	0.03%
	TRTX	C	0.03%
	ZIP	D	0.03%
	MNMD	C	0.03%
	CDZI	C	0.03%
	DCGO	B	0.03%
	EGHT	B	0.03%
	EXFY	A	0.03%
	RPAY	D	0.03%
	IAS	C	0.03%
	OMER	A	0.03%
	WEAV	C	0.03%
	BCO	F	0.03%
	MEI	F	0.03%
	YEXT	B	0.03%
	LIND	C	0.03%
	BIGC	B	0.03%
	MITK	C	0.03%
	BASE	B	0.03%
	OFIX	C	0.03%
	RVNC	F	0.03%
	SHYF	C	0.03%
	VNDA	C	0.03%
	PTVE	B	0.03%
	VZIO	A	0.03%
	WLDN	C	0.03%
	ANGO	C	0.03%
	CVEO	F	0.03%
	COFS	A	0.03%
	IE	C	0.03%
	ACDC	B	0.03%
	MGNI	B	0.03%
	PUBM	C	0.03%
	GWRS	B	0.03%
	SMTI	B	0.03%
	CRMD	C	0.03%
	FET	F	0.03%
	ARRY	F	0.03%
	OLMA	F	0.03%
	ACTG	D	0.03%
	PLOW	D	0.03%
	PL	B	0.03%
	MBUU	B	0.03%
	SPNS	F	0.03%
	ALKT	B	0.03%
	HVT	D	0.03%
	ASRT	D	0.02%
	BLNK	F	0.02%
	INO	F	0.02%
	LWAY	C	0.02%
	AQST	D	0.02%
	KFS	B	0.02%
	NKTR	F	0.02%
	GBLI	C	0.02%
	STTK	F	0.02%
	FULC	F	0.02%
	VRRM	F	0.02%
	IRBT	F	0.02%
	VITL	D	0.02%
	ABSI	F	0.02%
	BVS	D	0.02%
	SERA	F	0.02%
	ANGI	F	0.02%
	ACMR	D	0.02%
	MODV	C	0.02%
	NDLS	F	0.02%
	RYAM	C	0.02%
	REAL	B	0.02%
	OPRX	F	0.02%
	OLPX	D	0.02%
	ESPR	B	0.02%
	AEHR	F	0.02%
	MEC	F	0.02%
	SCPH	F	0.02%
	EYPT	D	0.02%
	LRMR	D	0.02%
	PLCE	C	0.02%
	DDD	C	0.02%
	BRCC	F	0.02%
	SWIM	C	0.02%
	RZLT	C	0.02%
	MVIS	F	0.02%
	URGN	F	0.02%
	CRCT	F	0.02%
	ELVN	D	0.02%
	OBIO	C	0.02%
	GLSI	F	0.02%
	UONE	F	0.02%
	UIS	B	0.02%
	ACRV	F	0.02%
	RSI	A	0.02%
	SENS	F	0.02%
	TNYA	D	0.02%
	LXRX	F	0.02%
	ARKO	C	0.02%
	OUST	C	0.02%
	ALLO	F	0.02%
	GSL	F	0.02%
	SLDP	F	0.02%
	ACIC	B	0.02%
	KOPN	C	0.02%
	KALV	F	0.02%
	TLYS	F	0.02%
	PHAT	F	0.02%
	ENTA	F	0.02%
	SPCE	D	0.02%
	MUX	D	0.02%
	ARAY	C	0.02%
	PSTX	D	0.02%
	LFMD	D	0.02%
	PACB	F	0.02%
	CLFD	F	0.02%
	REPL	D	0.02%
	VERV	F	0.02%
	PACK	B	0.02%
	INNV	F	0.02%
	AEYE	C	0.02%
	IHRT	B	0.02%
	CELC	F	0.02%
	BOOM	F	0.02%
	RLGT	B	0.02%
	MRSN	D	0.02%
	XPOF	C	0.02%
	PAYS	F	0.02%
	AKBA	C	0.02%
	MGNX	F	0.02%
	DSGN	C	0.02%
	EOSE	D	0.02%
	BELFB	C	0.02%
	CRBU	D	0.02%
	PGEN	F	0.02%
	COOK	D	0.02%
	LUNR	B	0.02%
	SRDX	B	0.02%
	SANA	F	0.02%
	QSI	C	0.02%
	BFLY	B	0.02%
	BOWL	C	0.02%
	SPOK	B	0.02%
	SAGE	F	0.02%
	EDIT	F	0.02%
	ALDX	D	0.02%
	LYEL	F	0.02%
	STXS	C	0.02%
	CHGG	C	0.02%
	GCI	D	0.02%
	LAZR	D	0.02%
	MCB	B	0.02%
	SRI	F	0.02%
	RCEL	B	0.02%
	IBTA	C	0.02%
	ADMA	B	0.01%
	LILA	D	0.01%
	HRTX	F	0.01%
	GOSS	F	0.01%
	LNZA	F	0.01%
	SES	F	0.01%
	APPS	F	0.01%
	IGMS	F	0.01%
	BMEA	F	0.01%
	PSNL	D	0.01%
	VERU	F	0.01%
	TPIC	F	0.01%
	CABA	F	0.01%
	FPH	C	0.01%
	VERI	F	0.01%
	BLUE	F	0.01%
	XBIT	F	0.01%
	SLQT	C	0.01%
	CADL	F	0.01%
	RAPT	F	0.01%
	SGHT	F	0.01%
	BW	D	0.01%
	TSE	F	0.01%
	INZY	F	0.01%
	GHLD	F	0.01%
	STRO	F	0.01%
	YMAB	F	0.01%
	MAX	F	0.01%
	FNKO	D	0.01%
	ALXO	F	0.01%
	NRC	F	0.01%
	PRME	F	0.01%
	TSHA	C	0.01%
	TSVT	F	0.01%
	ORGN	D	0.0%

RFLR Underweight 123 Positions Relative to VIOV

	Symbol	Grade	Weight
	CMA	B	-1.23%
	RHI	C	-1.02%
	VFC	C	-1.0%
	LUMN	C	-0.95%
	BBWI	C	-0.92%
	ALK	B	-0.88%
	MDU	D	-0.86%
	LNC	C	-0.86%
	OGN	F	-0.7%
	AL	B	-0.53%
	ASO	F	-0.53%
	DXC	B	-0.52%
	ETSY	D	-0.48%
	CBU	B	-0.47%
	RUN	F	-0.47%
	SEE	C	-0.46%
	CWK	C	-0.45%
	ZWS	B	-0.44%
	MPW	F	-0.4%
	MMSI	A	-0.34%
	BANR	B	-0.32%
	AAP	D	-0.31%
	WLY	B	-0.3%
	IAC	F	-0.3%
	ZD	B	-0.3%
	NATL	B	-0.28%
	FL	F	-0.28%
	VYX	B	-0.27%
	NWBI	B	-0.25%
	THS	D	-0.25%
	NBHC	C	-0.25%
	NSIT	F	-0.25%
	FBK	C	-0.25%
	OI	C	-0.25%
	NPO	A	-0.24%
	WKC	C	-0.23%
	MLKN	F	-0.23%
	LEG	F	-0.23%
	HOPE	C	-0.22%
	FTRE	D	-0.22%
	ALKS	C	-0.22%
	CENTA	C	-0.22%
	HP	C	-0.22%
	GNL	F	-0.22%
	HTH	C	-0.21%
	INSP	D	-0.21%
	VBTX	B	-0.21%
	JBGS	F	-0.21%
	AAT	B	-0.19%
	DEA	D	-0.19%
	EIG	B	-0.18%
	PTEN	C	-0.18%
	UVV	B	-0.18%
	PMT	C	-0.17%
	TGI	B	-0.16%
	BRC	D	-0.16%
	AIN	C	-0.16%
	TNDM	D	-0.16%
	BRKL	B	-0.15%
	MYGN	F	-0.15%
	FBRT	D	-0.15%
	OMI	F	-0.14%
	LTC	B	-0.14%
	BDN	C	-0.13%
	GTY	A	-0.13%
	FCF	B	-0.13%
	ICHR	C	-0.13%
	PRAA	D	-0.12%
	VSAT	F	-0.12%
	HCSG	C	-0.12%
	EMBC	C	-0.12%
	GFF	A	-0.12%
	MATV	D	-0.12%
	CPF	B	-0.11%
	EXTR	C	-0.11%
	GPRE	F	-0.11%
	RGR	F	-0.1%
	AMN	F	-0.1%
	SMP	C	-0.1%
	AXL	C	-0.1%
	HRMY	D	-0.1%
	CHCO	B	-0.1%
	ANDE	D	-0.1%
	HAFC	B	-0.1%
	THRM	F	-0.1%
	WGO	C	-0.1%
	BHLB	B	-0.09%
	AMSF	B	-0.09%
	SEDG	F	-0.09%
	SCVL	F	-0.09%
	HPP	F	-0.09%
	MLAB	F	-0.09%
	SCHL	F	-0.09%
	UPBD	B	-0.09%
	DXPE	C	-0.09%
	KELYA	F	-0.09%
	UTL	B	-0.08%
	SVC	F	-0.08%
	VRTS	B	-0.08%
	MMI	C	-0.08%
	HZO	F	-0.08%
	PAHC	C	-0.07%
	THRY	D	-0.07%
	SSTK	F	-0.06%
	SWI	C	-0.06%
	USNA	C	-0.06%
	CLW	F	-0.06%
	CENT	C	-0.05%
	INN	D	-0.05%
	JBSS	F	-0.05%
	CNSL	C	-0.05%
	WOR	F	-0.05%
	MATW	C	-0.04%
	UHT	D	-0.04%
	MGPI	F	-0.04%
	CRSR	C	-0.04%
	WSR	A	-0.04%
	TR	B	-0.03%
	IIIN	C	-0.03%
	HTLD	C	-0.03%
	RGNX	D	-0.03%
	MYE	F	-0.03%
	MTUS	C	-0.03%

RFLR: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Software - Infrastructure Medical Devices REIT - Diversified Specialty Chemicals Business Services Electronic Components Diversified Industrials Auto Parts Engineering & Construction Insurance - Property & Casualty Asset Management Restaurants Credit Services Diagnostics & Research Oil & Gas Equipment & Services Aerospace & Defense Information Technology Services

Keywords: Bank Banking Medicine Biopharmaceutical Biotechnology Deposit Products Real Estate Investment Trust Cancer Computing Insurance Mining Real Estate Loans Clinical Medicine Life Sciences Telecommunications Transport Natural Gas Loan Construction Chemical

VIOV: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Asset Management Packaged Foods REIT - Retail Specialty Chemicals Auto Parts Communication Equipment REIT - Office Software - Infrastructure Specialty Retail Diversified Industrials Electronic Components Insurance - Property & Casualty Medical Devices Semiconductors Credit Services Information Technology Services Restaurants

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Real Estate Loans Medicine Computing Commercial Bank Investment Management Mortgage Loan Chemical Commercial Banking Transport Insurance Aerospace Clothing Loan Semiconductor Mining Residential Real Estate Loans