RYLD vs. SMLF ETF Comparison

Comparison of Global X Russell 2000 Covered Call ETF (RYLD) to iShares FactorSelect MSCI USA Small-Cap ETF (SMLF)

RYLD

Global X Russell 2000 Covered Call ETF

RYLD Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index. The fund invests at least 80% of its total assets in component securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the Russell 2000 Index, and "writes" a succession of one-month at-the-money covered call options on the reference index.

Grade (RS Rating)

Last Trade

$16.49

Average Daily Volume

609,331

Number of Holdings ^*

1779

* may have additional holdings in another (foreign) market

SMLF

iShares FactorSelect MSCI USA Small-Cap ETF

SMLF Description

The investment seeks to track the investment results of the MSCI USA Small Cap Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The underlying index is designed to select equity securities from MSCI USA Small Cap Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. 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 fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.05

Average Daily Volume

68,350

Number of Holdings ^*

816

* may have additional holdings in another (foreign) market

Performance

Period	RYLD	SMLF
30 Days	2.38%	6.92%
60 Days	0.71%	3.71%
90 Days	3.05%	5.09%
12 Months	0.38%	26.35%

485 Overlapping Holdings

Symbol	Grade	Weight in RYLD	Weight in SMLF	Overlap
AAN	D	0.01%	0.06%	0.01%
ABG	C	0.16%	0.14%	0.14%
ACA	A	0.14%	0.09%	0.09%
ACAD	F	0.07%	0.1%	0.07%
ACCD	F	0.02%	0.05%	0.02%
ACCO	F	0.01%	0.05%	0.01%
ACLS	D	0.12%	0.19%	0.12%
ACLX	D	0.06%	0.09%	0.06%
ADPT	D	0.0%	0.01%	0.0%
AEIS	C	0.13%	0.02%	0.02%
AEO	C	0.14%	0.07%	0.07%
AGM	D	0.05%	0.09%	0.05%
AGS	B	0.01%	0.06%	0.01%
AGX	B	0.03%	0.05%	0.03%
AGYS	B	0.05%	0.03%	0.03%
AIN	C	0.09%	0.01%	0.01%
AIT	B	0.25%	0.1%	0.1%
AIV	C	0.04%	0.07%	0.04%
AKRO	F	0.04%	0.02%	0.02%
ALG	D	0.07%	0.04%	0.04%
ALHC	C	0.02%	0.03%	0.02%
ALIT	F	0.11%	0.12%	0.11%
ALKS	F	0.13%	0.2%	0.13%
ALLO	F	0.0%	0.01%	0.0%
ALRM	C	0.11%	0.03%	0.03%
ALX	C	0.02%	0.12%	0.02%
AMBC	B	0.03%	0.03%	0.03%
AMCX	C	0.01%	0.04%	0.01%
AMN	D	0.08%	0.09%	0.08%
AMPH	D	0.05%	0.06%	0.05%
AMR	F	0.12%	0.2%	0.12%
AMSF	F	0.03%	0.02%	0.02%
ANAB	C	0.02%	0.1%	0.02%
ANF	B	0.21%	0.32%	0.21%
APG	D	0.25%	0.1%	0.1%
APOG	B	0.05%	0.1%	0.05%
ARCB	F	0.09%	0.1%	0.09%
ARCH	D	0.09%	0.03%	0.03%
AROC	C	0.09%	0.11%	0.09%
ARRY	F	0.06%	0.06%	0.06%
ARWR	F	0.09%	0.05%	0.05%
ASAN	D	0.04%	0.06%	0.04%
ASB	B	0.12%	0.09%	0.09%
ASGN	C	0.16%	0.08%	0.08%
ASO	F	0.14%	0.2%	0.14%
ATEN	B	0.04%	0.12%	0.04%
ATI	B	0.25%	0.16%	0.16%
ATKR	D	0.21%	0.45%	0.21%
ATRC	F	0.03%	0.02%	0.02%
ATRI	C	0.03%	0.02%	0.02%
AVAV	B	0.16%	0.03%	0.03%
AVNT	B	0.13%	0.19%	0.13%
AVXL	D	0.01%	0.03%	0.01%
AWR	C	0.09%	0.12%	0.09%
AX	B	0.11%	0.19%	0.11%
AXNX	C	0.11%	0.16%	0.11%
AXSM	C	0.09%	0.17%	0.09%
BAND	C	0.02%	0.15%	0.02%
BANF	C	0.07%	0.11%	0.07%
BASE	C	0.03%	0.09%	0.03%
BBIO	D	0.1%	0.02%	0.02%
BCC	C	0.19%	0.22%	0.19%
BCO	B	0.14%	0.07%	0.07%
BCPC	B	0.16%	0.04%	0.04%
BCRX	C	0.03%	0.09%	0.03%
BDC	B	0.13%	0.07%	0.07%
BDN	C	0.02%	0.13%	0.02%
BEAM	F	0.05%	0.08%	0.05%
BECN	B	0.19%	0.05%	0.05%
BIGC	D	0.01%	0.01%	0.01%
BKD	C	0.04%	0.05%	0.04%
BKE	D	0.04%	0.11%	0.04%
BKH	C	0.12%	0.01%	0.01%
BKU	C	0.07%	0.01%	0.01%
BL	D	0.11%	0.17%	0.11%
BLKB	C	0.12%	0.13%	0.12%
BLMN	F	0.07%	0.1%	0.07%
BMBL	D	0.03%	0.03%	0.03%
BMI	B	0.19%	0.11%	0.11%
BOH	D	0.07%	0.02%	0.02%
BOX	D	0.12%	0.07%	0.07%
BPMC	C	0.22%	0.11%	0.11%
BRBR	C	0.26%	0.05%	0.05%
BRSP	F	0.03%	0.03%	0.03%
BRY	F	0.02%	0.03%	0.02%
BRZE	F	0.07%	0.1%	0.07%
BSIG	C	0.02%	0.01%	0.01%
CAKE	B	0.05%	0.01%	0.01%
CAL	C	0.04%	0.11%	0.04%
CALX	F	0.06%	0.06%	0.06%
CARG	A	0.08%	0.05%	0.05%
CARS	C	0.04%	0.08%	0.04%
CASH	C	0.05%	0.02%	0.02%
CBT	B	0.18%	0.13%	0.13%
CEIX	D	0.09%	0.07%	0.07%
CENTA	A	0.06%	0.07%	0.06%
CERS	C	0.0%	0.06%	0.0%
CFFN	F	0.02%	0.04%	0.02%
CGEM	C	0.03%	0.15%	0.03%
CHCO	C	0.05%	0.0%	0.0%
CHRD	B	0.25%	0.04%	0.04%
CHX	D	0.22%	0.14%	0.14%
CMC	B	0.21%	0.15%	0.15%
CMPR	D	0.05%	0.11%	0.05%
CNDT	B	0.0%	0.06%	0.0%
CNMD	F	0.07%	0.07%	0.07%
CNO	B	0.1%	0.13%	0.1%
CNS	C	0.06%	0.03%	0.03%
CNX	B	0.12%	0.04%	0.04%
COKE	C	0.16%	0.21%	0.16%
COOP	B	0.18%	0.43%	0.18%
CORT	C	0.07%	0.16%	0.07%
COUR	F	0.04%	0.04%	0.04%
CPRX	C	0.05%	0.18%	0.05%
CRC	F	0.12%	0.1%	0.1%
CSWI	B	0.12%	0.06%	0.06%
CTBI	B	0.02%	0.05%	0.02%
CUBI	D	0.04%	0.09%	0.04%
CVBF	C	0.07%	0.04%	0.04%
CVCO	B	0.12%	0.15%	0.12%
CVI	F	0.03%	0.04%	0.03%
CVLT	A	0.15%	0.05%	0.05%
CVNA	C	0.38%	0.17%	0.17%
CXW	D	0.05%	0.09%	0.05%
CYTK	D	0.2%	0.16%	0.16%
DAN	C	0.06%	0.04%	0.04%
DAWN	C	0.04%	0.02%	0.02%
DBI	F	0.02%	0.03%	0.02%
DBRG	F	0.08%	0.03%	0.03%
DDS	B	0.06%	0.33%	0.06%
DEI	C	0.08%	0.02%	0.02%
DFIN	C	0.06%	0.13%	0.06%
DH	F	0.01%	0.02%	0.01%
DIN	F	0.02%	0.05%	0.02%
DLX	B	0.03%	0.09%	0.03%
DNLI	D	0.07%	0.13%	0.07%
DNOW	D	0.05%	0.15%	0.05%
DOCN	D	0.08%	0.06%	0.06%
DOMO	F	0.01%	0.08%	0.01%
DOOR	A	0.09%	0.02%	0.02%
DUOL	F	0.25%	0.32%	0.25%
DVAX	F	0.05%	0.06%	0.05%
DY	B	0.14%	0.02%	0.02%
DYN	B	0.05%	0.04%	0.04%
EGBN	F	0.02%	0.03%	0.02%
EGRX	F	0.0%	0.01%	0.0%
EIG	D	0.04%	0.02%	0.02%
ELF	D	0.28%	0.29%	0.28%
EMBC	D	0.02%	0.03%	0.02%
ENR	D	0.07%	0.01%	0.01%
ENS	C	0.13%	0.04%	0.04%
ENSG	D	0.21%	0.13%	0.13%
ENVA	D	0.07%	0.01%	0.01%
EPAC	B	0.07%	0.03%	0.03%
EPC	C	0.06%	0.01%	0.01%
EQC	C	0.06%	0.07%	0.06%
ERAS	F	0.0%	0.02%	0.0%
ETNB	F	0.02%	0.02%	0.02%
ETRN	B	0.18%	0.25%	0.18%
EVH	F	0.1%	0.04%	0.04%
EVRI	F	0.02%	0.04%	0.02%
EVTC	D	0.08%	0.03%	0.03%
EXLS	C	0.16%	0.18%	0.16%
EXPI	D	0.03%	0.1%	0.03%
EXPO	C	0.16%	0.21%	0.16%
EXTR	F	0.05%	0.13%	0.05%
FBNC	F	0.04%	0.0%	0.0%
FBP	B	0.11%	0.05%	0.05%
FFIN	B	0.13%	0.04%	0.04%
FFWM	F	0.01%	0.03%	0.01%
FIX	B	0.4%	0.38%	0.38%
FL	F	0.06%	0.03%	0.03%
FLNC	D	0.04%	0.04%	0.04%
FLR	D	0.18%	0.07%	0.07%
FLWS	D	0.01%	0.01%	0.01%
FLYW	F	0.06%	0.04%	0.04%
FNA	F	0.01%	0.05%	0.01%
FOLD	F	0.09%	0.05%	0.05%
FSS	B	0.17%	0.02%	0.02%
FULT	B	0.09%	0.01%	0.01%
GATX	B	0.15%	0.14%	0.14%
GCO	D	0.01%	0.07%	0.01%
GDOT	D	0.01%	0.02%	0.01%
GEF	F	0.01%	0.01%	0.01%
GEF	F	0.05%	0.01%	0.01%
GEO	D	0.05%	0.13%	0.05%
GES	C	0.03%	0.26%	0.03%
GFF	C	0.11%	0.1%	0.1%
GH	C	0.07%	0.18%	0.07%
GIII	C	0.04%	0.05%	0.04%
GMS	B	0.12%	0.08%	0.08%
GNW	C	0.11%	0.03%	0.03%
GOLF	C	0.07%	0.14%	0.07%
GPI	B	0.15%	0.23%	0.15%
GPRO	F	0.0%	0.03%	0.0%
GTLS	C	0.22%	0.07%	0.07%
HAE	B	0.15%	0.23%	0.15%
HAIN	D	0.02%	0.02%	0.02%
HALO	A	0.18%	0.21%	0.18%
HASI	B	0.11%	0.07%	0.07%
HCAT	F	0.01%	0.01%	0.01%
HCC	C	0.11%	0.06%	0.06%
HEES	F	0.05%	0.08%	0.05%
HELE	D	0.08%	0.07%	0.07%
HI	D	0.1%	0.14%	0.1%
HIBB	A	0.04%	0.08%	0.04%
HIMS	D	0.05%	0.06%	0.05%
HLF	D	0.03%	0.06%	0.03%
HMN	D	0.05%	0.01%	0.01%
HMST	F	0.01%	0.03%	0.01%
HNI	B	0.07%	0.03%	0.03%
HOV	B	0.03%	0.12%	0.03%
HP	F	0.12%	0.12%	0.12%
HPP	F	0.02%	0.03%	0.02%
HQY	D	0.21%	0.01%	0.01%
HSII	B	0.02%	0.23%	0.02%
HTH	C	0.06%	0.12%	0.06%
HURN	F	0.06%	0.13%	0.06%
HWC	B	0.13%	0.07%	0.07%
HWKN	C	0.05%	0.04%	0.04%
HZO	F	0.02%	0.01%	0.01%
IBOC	B	0.11%	0.1%	0.1%
ICFI	D	0.09%	0.11%	0.09%
IDCC	C	0.1%	0.06%	0.06%
IDT	A	0.02%	0.11%	0.02%
IGT	F	0.07%	0.15%	0.07%
IMKTA	D	0.03%	0.27%	0.03%
INSM	F	0.12%	0.02%	0.02%
INSW	A	0.08%	0.03%	0.03%
INTA	C	0.06%	0.13%	0.06%
INVA	C	0.03%	0.08%	0.03%
IOSP	B	0.1%	0.05%	0.05%
IPAR	F	0.08%	0.14%	0.08%
IRTC	F	0.1%	0.09%	0.09%
IRWD	F	0.04%	0.18%	0.04%
ITCI	D	0.22%	0.02%	0.02%
ITGR	C	0.12%	0.04%	0.04%
IVT	C	0.06%	0.15%	0.06%
JACK	F	0.04%	0.11%	0.04%
JAMF	D	0.04%	0.01%	0.01%
JBSS	D	0.03%	0.24%	0.03%
JOBY	D	0.04%	0.06%	0.04%
JOE	C	0.06%	0.24%	0.06%
JXN	C	0.2%	0.08%	0.08%
KAI	D	0.12%	0.14%	0.12%
KALU	B	0.05%	0.02%	0.02%
KFRC	D	0.04%	0.2%	0.04%
KFY	B	0.11%	0.02%	0.02%
KLIC	D	0.09%	0.12%	0.09%
KN	C	0.05%	0.08%	0.05%
KNF	C	0.14%	0.01%	0.01%
KOS	D	0.09%	0.08%	0.08%
KREF	D	0.02%	0.04%	0.02%
KRG	D	0.15%	0.15%	0.15%
KRNY	D	0.01%	0.01%	0.01%
KW	D	0.03%	0.09%	0.03%
LADR	B	0.04%	0.06%	0.04%
LANC	D	0.12%	0.03%	0.03%
LGND	C	0.05%	0.06%	0.05%
LILA	C	0.01%	0.12%	0.01%
LIVN	B	0.11%	0.18%	0.11%
LNTH	C	0.16%	0.18%	0.16%
LNW	D	0.29%	0.2%	0.2%
LOVE	C	0.01%	0.1%	0.01%
LPG	C	0.05%	0.07%	0.05%
LRN	B	0.1%	0.13%	0.1%
LTH	C	0.02%	0.02%	0.02%
LUMN	F	0.0%	0.1%	0.0%
LXP	D	0.08%	0.07%	0.07%
MAC	C	0.11%	0.28%	0.11%
MATV	D	0.03%	0.14%	0.03%
MATW	D	0.03%	0.01%	0.01%
MATX	C	0.14%	0.17%	0.14%
MC	B	0.12%	0.01%	0.01%
MCB	C	0.01%	0.11%	0.01%
MCY	B	0.05%	0.05%	0.05%
MDGL	D	0.1%	0.09%	0.09%
MDXG	C	0.03%	0.04%	0.03%
MED	F	0.01%	0.04%	0.01%
MGNI	D	0.04%	0.02%	0.02%
MGRC	D	0.1%	0.08%	0.08%
MITK	C	0.02%	0.02%	0.02%
MLI	B	0.21%	0.35%	0.21%
MMS	B	0.17%	0.05%	0.05%
MMSI	B	0.15%	0.07%	0.07%
MOD	A	0.2%	0.24%	0.2%
MODG	C	0.08%	0.05%	0.05%
MODN	C	0.04%	0.12%	0.04%
MRC	B	0.03%	0.1%	0.03%
MSEX	D	0.03%	0.02%	0.02%
MSTR	D	0.61%	0.27%	0.27%
MTRN	D	0.07%	0.13%	0.07%
MTSI	B	0.18%	0.08%	0.08%
MTW	F	0.01%	0.03%	0.01%
MUR	D	0.22%	0.29%	0.22%
NAPA	F	0.01%	0.07%	0.01%
NARI	D	0.07%	0.07%	0.07%
NAVI	F	0.05%	0.22%	0.05%
NBR	F	0.02%	0.08%	0.02%
NBTB	C	0.07%	0.01%	0.01%
NFBK	D	0.01%	0.01%	0.01%
NGVT	C	0.06%	0.01%	0.01%
NHI	B	0.09%	0.04%	0.04%
NJR	C	0.14%	0.09%	0.09%
NOVT	C	0.18%	0.15%	0.15%
NRC	F	0.01%	0.07%	0.01%
NSIT	A	0.2%	0.09%	0.09%
NSP	D	0.13%	0.18%	0.13%
NTB	A	0.06%	0.07%	0.06%
NTCT	D	0.04%	0.03%	0.03%
NTLA	D	0.07%	0.02%	0.02%
NUS	D	0.02%	0.04%	0.02%
NUVL	D	0.06%	0.01%	0.01%
NVRO	F	0.01%	0.01%	0.01%
NWN	C	0.05%	0.01%	0.01%
NX	D	0.04%	0.04%	0.04%
ODP	F	0.06%	0.1%	0.06%
OFG	B	0.06%	0.02%	0.02%
OFIX	C	0.02%	0.03%	0.02%
OGS	D	0.11%	0.13%	0.11%
OI	F	0.07%	0.02%	0.02%
OII	C	0.08%	0.1%	0.08%
OIS	F	0.01%	0.01%	0.01%
OMER	C	0.0%	0.02%	0.0%
OMI	D	0.04%	0.06%	0.04%
ONTO	A	0.33%	0.22%	0.22%
OPCH	F	0.17%	0.12%	0.12%
OPEN	F	0.0%	0.02%	0.0%
OPI	D	0.0%	0.05%	0.0%
OSCR	B	0.11%	0.09%	0.09%
OSIS	C	0.07%	0.02%	0.02%
OTTR	C	0.13%	0.08%	0.08%
OUT	D	0.07%	0.04%	0.04%
OXM	D	0.05%	0.09%	0.05%
PBF	D	0.18%	0.04%	0.04%
PBH	D	0.11%	0.08%	0.08%
PCH	D	0.11%	0.05%	0.05%
PCVX	C	0.23%	0.07%	0.07%
PDCO	F	0.07%	0.04%	0.04%
PDM	B	0.03%	0.14%	0.03%
PEB	D	0.06%	0.01%	0.01%
PFBC	B	0.03%	0.07%	0.03%
PFSI	B	0.08%	0.04%	0.04%
PGEN	D	0.0%	0.03%	0.0%
PGRE	C	0.03%	0.14%	0.03%
PI	A	0.12%	0.21%	0.12%
PIPR	B	0.12%	0.33%	0.12%
PLCE	D	0.0%	0.02%	0.0%
PLUS	B	0.07%	0.08%	0.07%
PNM	D	0.11%	0.06%	0.06%
POR	C	0.15%	0.07%	0.07%
POWI	C	0.14%	0.01%	0.01%
PR	D	0.26%	0.13%	0.13%
PRDO	C	0.05%	0.03%	0.03%
PRG	C	0.06%	0.14%	0.06%
PRGS	F	0.08%	0.19%	0.08%
PRO	F	0.04%	0.03%	0.03%
PRTA	F	0.03%	0.03%	0.03%
PTCT	C	0.07%	0.02%	0.02%
PTEN	F	0.13%	0.16%	0.13%
PZZA	F	0.06%	0.06%	0.06%
QLYS	F	0.18%	0.16%	0.16%
RAMP	F	0.07%	0.02%	0.02%
RCUS	D	0.03%	0.05%	0.03%
RDFN	C	0.02%	0.03%	0.02%
RDN	C	0.17%	0.01%	0.01%
RGNX	F	0.02%	0.06%	0.02%
RHP	D	0.19%	0.01%	0.01%
RLJ	F	0.05%	0.03%	0.03%
RMBS	D	0.2%	0.27%	0.2%
RPD	F	0.07%	0.04%	0.04%
RUSHA	D	0.09%	0.05%	0.05%
RVMD	B	0.18%	0.03%	0.03%
RXT	C	0.0%	0.01%	0.0%
SAH	C	0.04%	0.04%	0.04%
SANA	C	0.03%	0.1%	0.03%
SANM	C	0.12%	0.2%	0.12%
SATS	C	0.06%	0.24%	0.06%
SCHL	F	0.04%	0.02%	0.02%
SCS	C	0.04%	0.05%	0.04%
SFBS	C	0.11%	0.1%	0.1%
SFL	B	0.05%	0.1%	0.05%
SFM	B	0.25%	0.37%	0.25%
SHO	D	0.07%	0.02%	0.02%
SIG	C	0.15%	0.33%	0.15%
SITC	B	0.09%	0.09%	0.09%
SIX	C	0.06%	0.06%	0.06%
SKT	C	0.09%	0.19%	0.09%
SKY	C	0.14%	0.14%	0.14%
SLAB	D	0.13%	0.04%	0.04%
SLG	C	0.11%	0.03%	0.03%
SLVM	B	0.08%	0.08%	0.08%
SM	D	0.2%	0.09%	0.09%
SNBR	D	0.01%	0.05%	0.01%
SNDX	D	0.07%	0.04%	0.04%
SNEX	C	0.07%	0.09%	0.07%
SONO	D	0.07%	0.07%	0.07%
SP	B	0.04%	0.02%	0.02%
SPRY	D	0.01%	0.02%	0.01%
SPSC	C	0.23%	0.13%	0.13%
SPT	F	0.04%	0.15%	0.04%
SQSP	A	0.07%	0.14%	0.07%
SR	C	0.11%	0.12%	0.11%
SRCE	C	0.03%	0.14%	0.03%
SSB	C	0.2%	0.01%	0.01%
SSD	D	0.25%	0.16%	0.16%
SSP	F	0.01%	0.01%	0.01%
SSTK	F	0.03%	0.15%	0.03%
STAA	C	0.07%	0.06%	0.06%
STGW	C	0.02%	0.01%	0.01%
STNE	D	0.16%	0.06%	0.06%
STRL	A	0.12%	0.07%	0.07%
STRO	F	0.0%	0.02%	0.0%
SUPN	F	0.05%	0.03%	0.03%
SVC	F	0.03%	0.06%	0.03%
SWI	B	0.02%	0.01%	0.01%
SWIM	C	0.0%	0.01%	0.0%
SWTX	D	0.09%	0.02%	0.02%
SWX	B	0.16%	0.01%	0.01%
SYNA	F	0.12%	0.13%	0.12%
TBBK	F	0.06%	0.02%	0.02%
TCBI	C	0.09%	0.03%	0.03%
TDS	B	0.05%	0.02%	0.02%
TENB	F	0.16%	0.09%	0.09%
TEX	C	0.13%	0.24%	0.13%
TGNA	C	0.11%	0.09%	0.09%
TGTX	C	0.08%	0.01%	0.01%
THR	B	0.04%	0.06%	0.04%
TILE	C	0.03%	0.04%	0.03%
TMHC	B	0.21%	0.03%	0.03%
TNC	D	0.07%	0.02%	0.02%
TNET	F	0.13%	0.17%	0.13%
TPB	B	0.02%	0.03%	0.02%
TPH	B	0.13%	0.15%	0.13%
TRMK	B	0.06%	0.02%	0.02%
TRN	B	0.08%	0.05%	0.05%
TROX	B	0.07%	0.02%	0.02%
TSE	F	0.0%	0.03%	0.0%
TTGT	D	0.02%	0.03%	0.02%
TVTX	F	0.01%	0.02%	0.01%
UDMY	F	0.03%	0.04%	0.03%
UFPI	B	0.23%	0.23%	0.23%
UMBF	B	0.12%	0.1%	0.1%
UNFI	D	0.02%	0.01%	0.01%
UNIT	F	0.03%	0.03%	0.03%
UPWK	D	0.05%	0.01%	0.01%
USNA	D	0.02%	0.03%	0.02%
UTL	A	0.03%	0.01%	0.01%
UVE	C	0.02%	0.06%	0.02%
UVV	C	0.04%	0.07%	0.04%
VAL	B	0.15%	0.01%	0.01%
VC	D	0.11%	0.11%	0.11%
VCEL	C	0.07%	0.03%	0.03%
VCYT	D	0.05%	0.1%	0.05%
VECO	A	0.07%	0.1%	0.07%
VERA	C	0.07%	0.06%	0.06%
VGR	D	0.05%	0.3%	0.05%
VIAV	F	0.05%	0.02%	0.02%
VIR	C	0.03%	0.18%	0.03%
VKTX	C	0.26%	0.09%	0.09%
VMEO	D	0.02%	0.0%	0.0%
VNDA	C	0.01%	0.03%	0.01%
VRNS	D	0.16%	0.11%	0.11%
VSH	C	0.1%	0.14%	0.1%
VSTO	C	0.07%	0.19%	0.07%
WAFD	C	0.07%	0.11%	0.07%
WD	C	0.1%	0.05%	0.05%
WFRD	B	0.29%	0.58%	0.29%
WGO	F	0.06%	0.06%	0.06%
WIRE	B	0.16%	0.32%	0.16%
WK	D	0.13%	0.34%	0.13%
WNC	F	0.04%	0.1%	0.04%
WOR	D	0.06%	0.13%	0.06%
WS	D	0.03%	0.02%	0.02%
WTI	F	0.0%	0.01%	0.0%
WTS	B	0.19%	0.11%	0.11%
WTTR	B	0.02%	0.05%	0.02%
XHR	C	0.05%	0.03%	0.03%
XNCR	D	0.04%	0.28%	0.04%
XPRO	C	0.06%	0.03%	0.03%
XRX	F	0.05%	0.12%	0.05%
YELP	F	0.09%	0.07%	0.07%
YEXT	F	0.02%	0.07%	0.02%
YOU	F	0.05%	0.09%	0.05%
ZIP	F	0.03%	0.06%	0.03%

RYLD Overweight 1294 Positions Relative to SMLF

Symbol	Grade	Weight
VTWO	B	22.01%
SMCI	D	1.36%
FN	B	0.26%
MTDR	D	0.24%
MTH	B	0.21%
CIVI	C	0.2%
ESNT	C	0.19%
SIGI	F	0.19%
CWST	B	0.18%
IBP	D	0.18%
ONB	B	0.18%
TDW	B	0.17%
KBH	A	0.17%
AAON	D	0.17%
TRNO	F	0.17%
CADE	B	0.17%
APPF	B	0.16%
SUM	C	0.16%
GKOS	B	0.16%
MOG.A	B	0.16%
CRS	A	0.16%
ITRI	B	0.16%
ALTR	B	0.15%
HOMB	B	0.15%
FELE	D	0.15%
MARA	D	0.15%
MGY	C	0.15%
ZWS	C	0.15%
HLNE	B	0.15%
TMDX	B	0.14%
HRI	C	0.14%
FUL	B	0.14%
EPRT	B	0.14%
GBCI	C	0.14%
FORM	C	0.14%
UBSI	C	0.14%
HGV	D	0.13%
ACIW	B	0.13%
IRT	B	0.13%
STNG	B	0.13%
PECO	F	0.13%
SHAK	C	0.13%
ESGR	B	0.13%
WDFC	D	0.12%
SKYW	B	0.12%
AMKR	C	0.12%
QTWO	B	0.12%
ORA	C	0.12%
CBZ	C	0.12%
LBRT	B	0.12%
ALE	B	0.12%
VRRM	B	0.12%
KTB	B	0.12%
VLY	D	0.11%
MHO	C	0.11%
CRNX	B	0.11%
SXT	B	0.11%
ABCB	C	0.11%
DIOD	D	0.11%
SBRA	C	0.11%
ENV	B	0.11%
SEM	A	0.11%
SMPL	C	0.11%
KRYS	D	0.11%
NOG	C	0.11%
GT	C	0.11%
MWA	B	0.1%
FTDR	C	0.1%
CTRE	C	0.1%
JBT	F	0.1%
MGEE	C	0.1%
ABM	C	0.1%
IIPR	B	0.1%
PLXS	C	0.1%
RDNT	A	0.1%
AUB	C	0.1%
SHOO	C	0.1%
HL	C	0.1%
UCBI	C	0.1%
REZI	C	0.1%
AVA	C	0.1%
BXMT	F	0.1%
NWE	C	0.1%
CWT	C	0.1%
GHC	B	0.1%
IDYA	D	0.1%
NPO	D	0.1%
CLSK	D	0.1%
PRMW	C	0.1%
APLE	F	0.1%
PSN	D	0.1%
BOOT	B	0.1%
IOVA	D	0.1%
WHD	C	0.1%
BGC	B	0.1%
KWR	D	0.09%
APAM	B	0.09%
NMIH	B	0.09%
ADNT	F	0.09%
BTU	F	0.09%
STRA	C	0.09%
GVA	B	0.09%
HUBG	C	0.09%
UEC	C	0.09%
BNL	C	0.09%
ESE	C	0.09%
CCOI	F	0.09%
LCII	D	0.09%
MQ	D	0.09%
WSFS	B	0.09%
KTOS	C	0.09%
ATGE	B	0.09%
CERE	B	0.09%
PJT	C	0.08%
CALM	D	0.08%
TWST	B	0.08%
WERN	D	0.08%
CPK	C	0.08%
RXO	C	0.08%
ABR	C	0.08%
INDB	D	0.08%
PRCT	C	0.08%
DORM	C	0.08%
PATK	C	0.08%
JJSF	C	0.08%
CCS	C	0.08%
UNF	D	0.08%
CBU	C	0.08%
SGBX	F	0.08%
PGNY	F	0.08%
RRR	D	0.08%
PRIM	B	0.08%
EAT	B	0.08%
PAGS	D	0.08%
ALPN	A	0.08%
CLDX	D	0.08%
MTX	B	0.08%
CATY	C	0.08%
AIR	B	0.08%
CSTM	D	0.08%
ZD	F	0.08%
PRFT	C	0.08%
GLNG	B	0.08%
FIBK	C	0.08%
URBN	C	0.08%
NEOG	F	0.08%
SMTC	B	0.08%
MYRG	D	0.08%
BANC	D	0.07%
MIR	D	0.07%
SBCF	C	0.07%
STEP	A	0.07%
RYTM	D	0.07%
SGRY	D	0.07%
KMT	C	0.07%
LGIH	D	0.07%
PLMR	B	0.07%
MLKN	C	0.07%
SXI	B	0.07%
RIOT	F	0.07%
ZETA	A	0.07%
NEO	D	0.07%
PRVA	F	0.07%
EBC	C	0.07%
LAUR	B	0.07%
ROG	D	0.07%
FFBC	B	0.07%
FCPT	B	0.07%
FRME	C	0.07%
SFNC	D	0.07%
ROAD	B	0.07%
CRDO	D	0.07%
ACVA	C	0.07%
BE	C	0.07%
CRVL	A	0.07%
PLAY	D	0.07%
FRSH	F	0.07%
PSMT	A	0.07%
PPBI	C	0.07%
ROCK	D	0.07%
AZZ	C	0.07%
ADUS	B	0.06%
GPOR	C	0.06%
HLX	B	0.06%
THRM	F	0.06%
TALO	F	0.06%
DRH	F	0.06%
AGIO	B	0.06%
PDFS	C	0.06%
SJW	D	0.06%
GOGL	C	0.06%
AMBA	F	0.06%
B	C	0.06%
PLAB	C	0.06%
RXST	B	0.06%
TTMI	B	0.06%
DO	C	0.06%
THS	F	0.06%
BRP	C	0.06%
HTLF	A	0.06%
JBLU	D	0.06%
ARDX	C	0.06%
SCL	C	0.06%
CNK	C	0.06%
UFPT	B	0.06%
TOWN	C	0.06%
DK	D	0.06%
KROS	D	0.06%
RNA	B	0.06%
MYGN	C	0.06%
UE	C	0.06%
VRNT	C	0.06%
UCTT	C	0.06%
FOXF	D	0.06%
AI	D	0.06%
PRK	A	0.06%
KAR	B	0.06%
ARI	F	0.05%
BHE	B	0.05%
GNL	D	0.05%
NWBI	C	0.05%
SKWD	D	0.05%
RCKT	D	0.05%
NSSC	B	0.05%
SPNT	B	0.05%
INMD	F	0.05%
EFSC	C	0.05%
OEC	C	0.05%
EVBG	D	0.05%
KNTK	B	0.05%
NWLI	A	0.05%
MGNX	F	0.05%
KURA	C	0.05%
POWL	C	0.05%
NMRK	C	0.05%
NNI	A	0.05%
VCTR	B	0.05%
KYMR	D	0.05%
LMAT	B	0.05%
ROIC	D	0.05%
CNNE	D	0.05%
LZB	C	0.05%
USPH	C	0.05%
IBTX	D	0.05%
IESC	C	0.05%
AKR	B	0.05%
MXL	F	0.05%
PTGX	C	0.05%
TNK	A	0.05%
AMWD	C	0.05%
LKFN	C	0.05%
ARVN	D	0.05%
HBI	D	0.05%
GBX	C	0.05%
GRBK	C	0.05%
CTS	B	0.05%
BANR	C	0.05%
DHT	B	0.05%
PARR	F	0.05%
HLIO	C	0.05%
JBGS	F	0.05%
IMVT	D	0.05%
VRTS	C	0.05%
ASTH	C	0.05%
WSBC	C	0.05%
UPST	D	0.05%
ANDE	F	0.05%
SITM	C	0.05%
CWK	B	0.05%
STC	B	0.05%
RNST	C	0.05%
MORF	F	0.04%
DNUT	F	0.04%
PWSC	F	0.04%
VBTX	C	0.04%
CRAI	B	0.04%
DEA	C	0.04%
ICHR	D	0.04%
SBH	D	0.04%
JBI	D	0.04%
PEBO	C	0.04%
FIZZ	D	0.04%
FSLY	F	0.04%
RKLB	D	0.04%
LGF.A	C	0.04%
GPRE	F	0.04%
EYE	F	0.04%
PRM	B	0.04%
NHC	B	0.04%
PFS	C	0.04%
SLCA	C	0.04%
SCSC	A	0.04%
PHR	D	0.04%
KRUS	D	0.04%
HOPE	C	0.04%
WINA	D	0.04%
TCBK	C	0.04%
CBRL	F	0.04%
JELD	F	0.04%
TARS	C	0.04%
LOB	D	0.04%
ALEX	C	0.04%
INBX	D	0.04%
HLIT	D	0.04%
BUSE	C	0.04%
LILAK	C	0.04%
ESRT	C	0.04%
ARLO	C	0.04%
SAFT	D	0.04%
OSW	B	0.04%
MEG	B	0.04%
PAR	C	0.04%
DFH	D	0.04%
ENVX	D	0.04%
CMCO	B	0.04%
STBA	C	0.04%
ACMR	D	0.04%
RXRX	D	0.04%
SDGR	F	0.04%
SHLS	F	0.04%
EWTX	C	0.04%
GSHD	F	0.04%
WABC	C	0.04%
ZUO	C	0.04%
MGPI	F	0.04%
NBHC	C	0.04%
SYBT	C	0.04%
CXM	D	0.04%
PMT	A	0.04%
LNN	D	0.04%
NVEE	F	0.04%
VSEC	D	0.04%
NTST	C	0.04%
APPN	F	0.04%
COLL	D	0.04%
GTY	C	0.04%
UTZ	C	0.04%
RC	D	0.04%
ASPN	C	0.04%
PCRX	D	0.04%
CHEF	A	0.04%
DCPH	A	0.04%
COHU	F	0.04%
ADMA	B	0.04%
FCF	C	0.04%
FBK	B	0.04%
CODI	D	0.04%
OMCL	D	0.04%
CSGS	F	0.04%
LTC	B	0.04%
BRKL	F	0.03%
SLP	B	0.03%
VTOL	B	0.03%
HCSG	D	0.03%
CLB	D	0.03%
HY	B	0.03%
ARCT	F	0.03%
IMAX	C	0.03%
FBMS	D	0.03%
KELYA	D	0.03%
VZIO	D	0.03%
SHEN	D	0.03%
CECO	B	0.03%
THRY	D	0.03%
NXRT	C	0.03%
NAT	C	0.03%
REVG	B	0.03%
MNRO	F	0.03%
AMRX	B	0.03%
VRCA	C	0.03%
INDI	F	0.03%
ATSG	D	0.03%
SBSI	D	0.03%
SRRK	D	0.03%
BGS	F	0.03%
LBAI	C	0.03%
ALGT	F	0.03%
ASC	A	0.03%
FG	C	0.03%
DCO	B	0.03%
PRLB	D	0.03%
LESL	F	0.03%
CLW	A	0.03%
BZH	D	0.03%
RGR	F	0.03%
LMND	C	0.03%
BLX	C	0.03%
FLNG	C	0.03%
SAVA	C	0.03%
AMRC	D	0.03%
SXC	D	0.03%
CENX	C	0.03%
TGI	C	0.03%
BBSI	B	0.03%
RPAY	D	0.03%
VITL	C	0.03%
TK	B	0.03%
MMI	C	0.03%
AXL	C	0.03%
NABL	D	0.03%
RVLV	B	0.03%
KOP	F	0.03%
REX	C	0.03%
DXPE	C	0.03%
FDP	F	0.03%
BXC	D	0.03%
USLM	B	0.03%
TRNS	B	0.03%
AVNS	D	0.03%
FA	C	0.03%
JANX	C	0.03%
PUMP	C	0.03%
CWH	F	0.03%
ECVT	F	0.03%
DOLE	C	0.03%
RWT	C	0.03%
OCFC	C	0.03%
GABC	C	0.03%
AHCO	D	0.03%
TRUP	C	0.03%
DJCO	B	0.03%
CRK	C	0.03%
QNST	C	0.03%
SGH	F	0.03%
ACT	B	0.03%
CIM	D	0.03%
MCRI	D	0.03%
DGII	F	0.03%
GNK	B	0.03%
CRGY	C	0.03%
PLYM	F	0.03%
BLBD	B	0.03%
UMH	B	0.03%
WWW	C	0.03%
LC	C	0.03%
SBOW	D	0.03%
ATEC	F	0.03%
QCRH	C	0.03%
SASR	C	0.03%
OBK	C	0.03%
ECPG	D	0.03%
PUBM	C	0.03%
MNKD	D	0.03%
PBI	C	0.03%
PRAA	C	0.03%
FDMT	D	0.03%
PDFS	C	0.03%
MRTN	D	0.03%
NIC	C	0.03%
ANIP	D	0.03%
BHLB	C	0.03%
WRBY	B	0.03%
ALKT	C	0.03%
INFN	C	0.03%
MSGE	D	0.03%
SPNS	B	0.03%
CSR	B	0.03%
HRMY	F	0.03%
WMK	B	0.03%
AAT	B	0.03%
TRS	B	0.03%
OSUR	F	0.02%
LYTS	C	0.02%
MAX	D	0.02%
CMP	F	0.02%
HTBK	C	0.02%
FC	D	0.02%
PETQ	C	0.02%
NNOX	C	0.02%
ATRO	C	0.02%
CWCO	D	0.02%
HAFC	C	0.02%
OLO	F	0.02%
BALY	D	0.02%
UFCS	C	0.02%
CCB	C	0.02%
BYND	D	0.02%
NRDS	D	0.02%
MSBI	D	0.02%
CDNA	C	0.02%
RBCAA	C	0.02%
TITN	F	0.02%
EQBK	B	0.02%
HTLD	D	0.02%
DAKT	C	0.02%
CEVA	F	0.02%
HBNC	C	0.02%
SNCY	F	0.02%
GSBC	C	0.02%
IBCP	B	0.02%
EBF	C	0.02%
GRND	D	0.02%
CRSR	F	0.02%
BFST	D	0.02%
TRST	C	0.02%
PTVE	D	0.02%
XMTR	F	0.02%
CDMO	C	0.02%
IIIV	F	0.02%
KIDS	C	0.02%
TCMD	F	0.02%
BV	A	0.02%
TREE	C	0.02%
AVO	C	0.02%
TERN	D	0.02%
OSPN	C	0.02%
KE	D	0.02%
RLAY	F	0.02%
ZEUS	F	0.02%
LMB	B	0.02%
RSI	B	0.02%
GTN	D	0.02%
WRLD	D	0.02%
YORW	C	0.02%
EOLS	C	0.02%
GOOD	A	0.02%
LQDA	D	0.02%
NR	B	0.02%
NNBR	D	0.02%
CPF	B	0.02%
BBUC	D	0.02%
UTI	C	0.02%
CHUY	F	0.02%
GMRE	D	0.02%
LGF.A	C	0.02%
FWRD	F	0.02%
HCKT	F	0.02%
SEMR	B	0.02%
PLOW	D	0.02%
GDYN	F	0.02%
CTLP	D	0.02%
NVRI	D	0.02%
CLBK	F	0.02%
ACHR	F	0.02%
FPI	C	0.02%
IAS	D	0.02%
MLAB	C	0.02%
CYRX	F	0.02%
CSTL	C	0.02%
NEXT	C	0.02%
INN	F	0.02%
CFB	C	0.02%
GLDD	B	0.02%
RES	F	0.02%
CCRN	F	0.02%
ATEX	D	0.02%
BY	B	0.02%
TRTX	B	0.02%
CHGG	F	0.02%
OSBC	C	0.02%
WSR	B	0.02%
MBWM	C	0.02%
LXU	C	0.02%
FIGS	D	0.02%
QTRX	F	0.02%
CBL	D	0.02%
RYI	F	0.02%
SIBN	F	0.02%
MLR	A	0.02%
CASS	D	0.02%
CDLX	F	0.02%
AMTB	C	0.02%
LASR	C	0.02%
PKST	D	0.02%
ELVN	C	0.02%
COGT	D	0.02%
PCT	F	0.02%
BHRB	F	0.02%
VREX	F	0.02%
AOSL	C	0.02%
CATC	C	0.02%
BLFS	C	0.02%
ACEL	F	0.02%
HFWA	C	0.02%
UVSP	B	0.02%
TBPH	C	0.02%
LEU	D	0.02%
CDRE	F	0.02%
GDEN	F	0.02%
ASIX	F	0.02%
FOR	D	0.02%
ARQT	D	0.02%
HA	C	0.02%
CMRE	A	0.02%
CRCT	C	0.02%
DRQ	F	0.02%
IIIN	F	0.02%
RILY	C	0.02%
PNTG	B	0.02%
ANET	A	0.02%
TMP	D	0.02%
EGY	D	0.02%
DX	B	0.02%
HSTM	C	0.02%
MIRM	F	0.02%
GOGO	C	0.02%
SCVL	B	0.02%
FCBC	C	0.02%
MYE	F	0.02%
SPTN	D	0.02%
SOUN	D	0.02%
IMXI	D	0.02%
SRCL	F	0.02%
MD	F	0.02%
CTKB	F	0.02%
SAGE	F	0.02%
BELFB	C	0.02%
VRDN	F	0.02%
CHCT	F	0.02%
AUPH	D	0.02%
TPC	B	0.02%
FWRG	F	0.02%
ETD	D	0.02%
IE	C	0.02%
IBUY	B	0.02%
KNSA	C	0.02%
CNOB	C	0.02%
DCOM	D	0.02%
OCUL	D	0.02%
VVI	C	0.02%
NRIX	D	0.02%
SILK	C	0.02%
PFC	C	0.02%
PAX	F	0.02%
FMNB	D	0.02%
SMP	F	0.02%
CMTG	F	0.02%
AMRK	C	0.02%
SWBI	D	0.02%
ZNTL	F	0.02%
AHH	C	0.02%
FMBH	C	0.02%
MBUU	F	0.02%
AMK	D	0.02%
CPS	F	0.02%
EFC	B	0.02%
VICR	F	0.02%
BJRI	C	0.02%
PRA	D	0.02%
YMAB	D	0.02%
LPRO	D	0.02%
HCI	D	0.02%
HAYN	D	0.02%
LFST	C	0.02%
ASTE	F	0.02%
ERII	F	0.02%
GRC	F	0.02%
BFC	C	0.02%
MBIN	C	0.02%
XPEL	F	0.02%
CNXN	C	0.02%
PLRX	D	0.02%
EEX	D	0.01%
RELL	D	0.01%
FVCB	F	0.01%
RSVR	C	0.01%
PKBK	D	0.01%
HNRG	D	0.01%
KRT	C	0.01%
BCBP	D	0.01%
FCCO	D	0.01%
PLSE	F	0.01%
SMTI	F	0.01%
PWOD	D	0.01%
ASUR	F	0.01%
TCX	D	0.01%
IVAC	C	0.01%
OOMA	F	0.01%
LAW	F	0.01%
BSVN	B	0.01%
PCB	D	0.01%
CBAN	C	0.01%
MLYS	C	0.01%
HBIO	F	0.01%
ACDC	D	0.01%
HPK	F	0.01%
CFFI	F	0.01%
ESCA	D	0.01%
NGVC	B	0.01%
WALD	F	0.01%
CBNK	C	0.01%
INGN	C	0.01%
BBCP	F	0.01%
OPRX	D	0.01%
PCYO	D	0.01%
SNPO	C	0.01%
DXLG	F	0.01%
CLAR	C	0.01%
INSE	F	0.01%
JAKK	F	0.01%
INFU	F	0.01%
RLGT	F	0.01%
JMSB	F	0.01%
VABK	D	0.01%
EVBN	F	0.01%
MVBF	F	0.01%
LE	C	0.01%
GPMT	F	0.01%
CIO	C	0.01%
JILL	B	0.01%
SKYT	D	0.01%
TMCI	F	0.01%
ASLE	D	0.01%
CMT	D	0.01%
FNKO	C	0.01%
ESSA	D	0.01%
QIPT	D	0.01%
TTSH	D	0.01%
JOUT	F	0.01%
TG	C	0.01%
TSQ	D	0.01%
DGICA	F	0.01%
LCNB	D	0.01%
ALCO	D	0.01%
LIND	F	0.01%
CHMG	C	0.01%
AURA	F	0.01%
CVGI	F	0.01%
AFCG	C	0.01%
RNGR	F	0.01%
GCBC	C	0.01%
OVLY	D	0.01%
SFST	F	0.01%
KODK	D	0.01%
RDVT	C	0.01%
FORR	F	0.01%
EPM	F	0.01%
RGCO	C	0.01%
NXDT	F	0.01%
NKSH	D	0.01%
PEPG	C	0.01%
ITIC	C	0.01%
UNTY	C	0.01%
CIVB	D	0.01%
NWFL	F	0.01%
NATR	F	0.01%
FENC	F	0.01%
MACK	B	0.01%
GRNT	C	0.01%
MEC	B	0.01%
OCN	D	0.01%
ULCC	D	0.01%
MLP	B	0.01%
OFLX	F	0.01%
ZYXI	D	0.01%
LEGH	C	0.01%
MBCN	D	0.01%
BRT	C	0.01%
ANGO	D	0.01%
ANNX	F	0.01%
COFS	C	0.01%
PRME	D	0.01%
THRD	C	0.01%
RM	C	0.01%
NATH	D	0.01%
CTOS	F	0.01%
IPI	C	0.01%
JYNT	A	0.01%
CZFS	F	0.01%
BLFY	C	0.01%
AVTE	D	0.01%
FLIC	D	0.01%
ATLO	B	0.01%
FRST	D	0.01%
BMEA	F	0.01%
WOW	D	0.01%
WLFC	B	0.01%
FNLC	D	0.01%
EBTC	D	0.01%
ALTG	F	0.01%
PLBC	D	0.01%
GENC	B	0.01%
PSTL	C	0.01%
XOMA	D	0.01%
HEAR	C	0.01%
AXGN	F	0.01%
HOFT	F	0.01%
RRBI	D	0.01%
GNTY	C	0.01%
VRA	C	0.01%
TSBK	D	0.01%
STOK	C	0.01%
BCML	C	0.01%
MG	D	0.01%
RCEL	F	0.01%
BWB	C	0.01%
PINE	C	0.01%
ITI	F	0.01%
RCKY	B	0.01%
ONTF	F	0.01%
FET	F	0.01%
UTMD	D	0.01%
MNTK	D	0.01%
KALV	C	0.01%
BMRC	D	0.01%
VLGEA	B	0.01%
WSBF	C	0.01%
ACTG	B	0.01%
EVCM	C	0.01%
SSBK	C	0.01%
TYRA	C	0.01%
STHO	C	0.01%
FBIZ	C	0.01%
MCS	F	0.01%
FRBA	F	0.01%
TCBX	C	0.01%
PLL	D	0.01%
PFIS	D	0.01%
ATNI	F	0.01%
ENTA	F	0.01%
AMPY	F	0.01%
HBT	C	0.01%
FSBW	C	0.01%
BOOM	F	0.01%
CZNC	D	0.01%
SOI	C	0.01%
PACK	D	0.01%
FDBC	F	0.01%
PKE	F	0.01%
CVLY	C	0.01%
IRON	F	0.01%
NKTX	D	0.01%
CCSI	D	0.01%
FSBC	C	0.01%
ACNB	F	0.01%
KRO	B	0.01%
FISI	C	0.01%
PHAT	C	0.01%
WTBA	C	0.01%
HBCP	C	0.01%
ATNM	C	0.01%
ITOS	B	0.01%
NECB	B	0.01%
FMAO	C	0.01%
REPX	F	0.01%
ONEW	D	0.01%
LUNG	D	0.01%
IMMR	A	0.01%
PPTA	C	0.01%
PKOH	C	0.01%
CRBU	F	0.01%
ORRF	C	0.01%
DCGO	F	0.01%
HROW	C	0.01%
LOCO	C	0.01%
RAPT	F	0.01%
XPOF	F	0.01%
LRMR	C	0.01%
AEHR	F	0.01%
JRVR	F	0.01%
BSRR	B	0.01%
CRMD	C	0.01%
VYGR	D	0.01%
MOFG	F	0.01%
ENFN	C	0.01%
MPB	C	0.01%
INOD	C	0.01%
IRBT	D	0.01%
OBT	C	0.01%
GLRE	A	0.01%
CARE	D	0.01%
ALEC	F	0.01%
LXFR	C	0.01%
EE	C	0.01%
HQI	F	0.01%
SPOK	D	0.01%
FATE	D	0.01%
PBPB	F	0.01%
ZUMZ	C	0.01%
NTGR	F	0.01%
VERV	F	0.01%
HIFS	C	0.01%
RBB	C	0.01%
ACIC	C	0.01%
NEWT	C	0.01%
TRC	C	0.01%
PANL	C	0.01%
SIGA	D	0.01%
DMRC	D	0.01%
UIS	D	0.01%
IRMD	D	0.01%
FARO	D	0.01%
MODV	D	0.01%
NRIM	B	0.01%
NWPX	B	0.01%
TRDA	C	0.01%
RVNC	F	0.01%
GNE	F	0.01%
MBI	D	0.01%
REPL	F	0.01%
SENEA	B	0.01%
PAHC	B	0.01%
RGP	F	0.01%
AVNW	F	0.01%
SPFI	C	0.01%
TBI	F	0.01%
FFIC	D	0.01%
RMR	C	0.01%
ALXO	C	0.01%
MCBC	B	0.01%
BOC	F	0.01%
AVD	F	0.01%
OLMA	F	0.01%
PX	D	0.01%
ESQ	C	0.01%
OABI	F	0.01%
AROW	C	0.01%
SMHI	D	0.01%
MCFT	F	0.01%
SHBI	D	0.01%
HLVX	D	0.01%
ARTNA	C	0.01%
CSV	C	0.01%
BWMN	D	0.01%
ULH	C	0.01%
CCBG	D	0.01%
SMBK	C	0.01%
URGN	F	0.01%
ALRS	F	0.01%
OLP	B	0.01%
SMBC	D	0.01%
DSGR	B	0.01%
CELC	D	0.01%
SAVE	F	0.01%
NBN	C	0.01%
WLDN	C	0.01%
WEAV	F	0.01%
BBW	B	0.01%
EYPT	F	0.01%
ACRE	F	0.01%
VPG	F	0.01%
ALT	D	0.01%
CRMT	D	0.01%
CRNC	F	0.01%
PLPC	D	0.01%
TH	D	0.01%
LINC	C	0.01%
AMSWA	F	0.01%
NOVA	F	0.01%
BHB	C	0.01%
TARO	C	0.01%
CCNE	C	0.01%
CENT	C	0.01%
MEI	D	0.01%
PGC	D	0.01%
LAND	D	0.01%
TIPT	C	0.01%
NVEC	D	0.01%
MOV	C	0.01%
SRI	F	0.01%
SHYF	C	0.01%
ZIMV	D	0.01%
LWLG	F	0.01%
FRPH	D	0.01%
GCMG	B	0.01%
SD	D	0.01%
RUSHB	F	0.01%
CTO	B	0.01%
NVAX	C	0.01%
SMR	C	0.01%
ARKO	D	0.01%
EDIT	F	0.01%
CLDT	F	0.01%
CABA	F	0.01%
TWI	F	0.01%
ANIK	C	0.01%
BFS	C	0.01%
EB	F	0.01%
AMPS	F	0.01%
EWCZ	F	0.01%
HDSN	F	0.01%
LMNR	C	0.01%
AESI	B	0.01%
WVE	C	0.01%
EVER	C	0.01%
DHIL	C	0.01%
NPK	C	0.01%
WASH	C	0.01%
BOWL	D	0.01%
REFI	C	0.01%
FLGT	D	0.01%
ORIC	D	0.01%
HVT	F	0.01%
GIC	F	0.01%
RICK	F	0.01%
AMAL	C	0.01%
TAST	A	0.01%
HTBI	C	0.01%
SRDX	C	0.01%
SB	B	0.01%
INST	F	0.01%
PTLO	F	0.01%
OSG	B	0.01%
DENN	F	0.01%
LQDT	C	0.01%
CAC	C	0.01%
ODC	B	0.01%
DDD	F	0.01%
HONE	C	0.01%
CLFD	C	0.01%
PDSB	F	0.01%
THFF	C	0.01%
LBPH	C	0.01%
MLNK	F	0.01%
MCBS	B	0.01%
UHT	D	0.01%
CVGW	C	0.01%
RDUS	D	0.01%
ZVIA	D	0.0%
XFOR	F	0.0%
VUZI	D	0.0%
SPCE	F	0.0%
VTNR	F	0.0%
LLAP	F	0.0%
STEM	F	0.0%
SKYX	F	0.0%
SES	F	0.0%
MCRB	D	0.0%
RIGL	F	0.0%
PIII	F	0.0%
ORGN	D	0.0%
OPTN	F	0.0%
OPK	C	0.0%
NKLA	F	0.0%
MRNS	F	0.0%
LPSN	F	0.0%
LCTX	F	0.0%
LICY	F	0.0%
KZR	F	0.0%
KPTI	F	0.0%
KLTR	F	0.0%
VATE	D	0.0%
IKNA	F	0.0%
IAUX	F	0.0%
GRTS	F	0.0%
GSAT	F	0.0%
GEVO	D	0.0%
FCEL	F	0.0%
FUBO	F	0.0%
FTCI	D	0.0%
FOSL	D	0.0%
FOA	F	0.0%
FGEN	F	0.0%
EYEN	D	0.0%
EOSE	F	0.0%
NRGV	F	0.0%
DOUG	F	0.0%
DM	F	0.0%
DNMR	F	0.0%
COMM	F	0.0%
CTXR	F	0.0%
PRTS	F	0.0%
CARA	F	0.0%
BFLY	D	0.0%
BLUE	F	0.0%
BKSY	F	0.0%
BBAI	F	0.0%
XAIR	F	0.0%
BARK	D	0.0%
BW	F	0.0%
ATRA	F	0.0%
ASRT	D	0.0%
ALVR	F	0.0%
BIRD	D	0.0%
ALLK	F	0.0%
AKTS	F	0.0%
ACRS	F	0.0%
FEAM	D	0.0%
SCWO	D	0.0%
XERS	F	0.0%
WW	F	0.0%
VOR	F	0.0%
UONE	F	0.0%
UONEK	F	0.0%
COOK	D	0.0%
TDUP	D	0.0%
WULF	D	0.0%
SST	F	0.0%
SPWR	D	0.0%
SFIX	D	0.0%
SLDP	C	0.0%
SLQT	B	0.0%
SEER	D	0.0%
REI	D	0.0%
RMNI	F	0.0%
RPHM	F	0.0%
RLYB	D	0.0%
QSI	C	0.0%
PRPL	F	0.0%
PMVP	D	0.0%
MYPS	F	0.0%
PL	D	0.0%
PACB	F	0.0%
ORGO	D	0.0%
OMGA	F	0.0%
OCEA	F	0.0%
NDLS	D	0.0%
NRDY	F	0.0%
MVIS	F	0.0%
MAXN	F	0.0%
MHLD	C	0.0%
LYEL	C	0.0%
LAZR	D	0.0%
LXRX	D	0.0%
KRMD	D	0.0%
IMRX	F	0.0%
IHRT	F	0.0%
EAF	D	0.0%
GLT	F	0.0%
FRGE	F	0.0%
EXFY	F	0.0%
EVC	D	0.0%
DZSI	D	0.0%
DHC	F	0.0%
APPS	F	0.0%
DC	C	0.0%
CUE	F	0.0%
CMTL	F	0.0%
CHRS	F	0.0%
CCO	D	0.0%
CLNE	D	0.0%
CARM	F	0.0%
CDZI	D	0.0%
BCOV	D	0.0%
BTBT	D	0.0%
BTAI	F	0.0%
AVAH	C	0.0%
NPAB	C	0.0%
AMPX	F	0.0%
POWW	D	0.0%
ACET	F	0.0%
ARAY	F	0.0%
AADI	F	0.0%
EGHT	D	0.0%
TRUE	D	0.0%
TRVI	D	0.0%
TWKS	D	0.0%
SABR	D	0.0%
RBBN	C	0.0%
PSTX	C	0.0%
PFMT	C	0.0%
OVID	D	0.0%
NUVB	C	0.0%
MRSN	F	0.0%
LUNA	F	0.0%
LNZA	F	0.0%
HFFG	F	0.0%
HRTX	C	0.0%
GRWG	C	0.0%
GBIO	D	0.0%
GCI	C	0.0%
DHX	D	0.0%
CUTR	D	0.0%
COMP	C	0.0%
CYH	C	0.0%
CDXS	C	0.0%
IPSC	D	0.0%
CNTY	F	0.0%
BHR	C	0.0%
BRBS	D	0.0%
BLNK	C	0.0%
BCAB	C	0.0%
SKIN	F	0.0%
AUR	C	0.0%
ABUS	C	0.0%
APLD	D	0.0%
VIGL	D	0.0%
VERI	F	0.0%
VTYX	F	0.0%
TPIC	C	0.0%
TTI	F	0.0%
SGHC	C	0.0%
RDW	B	0.0%
RYAM	D	0.0%
PRLD	D	0.0%
OM	D	0.0%
KOD	F	0.0%
GERN	C	0.0%
EBS	C	0.0%
CNSL	C	0.0%
CIFR	D	0.0%
BRCC	C	0.0%
BLDE	C	0.0%
ALDX	D	0.0%
ADV	D	0.0%
TSVT	D	0.0%
ZURA	C	0.0%
VGAS	D	0.0%
TGAN	B	0.0%
CURV	C	0.0%
TNYA	F	0.0%
SMMT	C	0.0%
SVRA	D	0.0%
PAYS	B	0.0%
INZY	D	0.0%
HUMA	C	0.0%
EU	C	0.0%
ETWO	C	0.0%
DSGN	C	0.0%
CDE	C	0.0%
SGHT	D	0.0%
ARL	F	0.0%
VALU	D	0.0%
QRTEB	F	0.0%
VHI	B	0.0%
PRTH	C	0.0%
CLPR	F	0.0%
TCI	F	0.0%
CMBM	F	0.0%
DLTH	F	0.0%
OBIO	F	0.0%
METCB	F	0.0%
CMPO	D	0.0%
SWKH	C	0.0%
NVCT	F	0.0%
CIX	F	0.0%
NL	D	0.0%
ELA	D	0.0%
GOCO	F	0.0%
MURA	F	0.0%
AKYA	F	0.0%
GORV	F	0.0%
AIRS	F	0.0%
ACRV	C	0.0%
BGFV	F	0.0%
GNLX	F	0.0%
GAMB	F	0.0%
SBT	D	0.0%
PETS	D	0.0%
MPX	D	0.0%
IGMS	D	0.0%
CATO	F	0.0%
ATOM	F	0.0%
STKS	C	0.0%
VOXX	F	0.0%
LSEA	D	0.0%
BIG	D	0.0%
TELA	D	0.0%
NREF	D	0.0%
PBFS	F	0.0%
DSP	D	0.0%
TUSK	D	0.0%
FHTX	F	0.0%
KLXE	F	0.0%
III	F	0.0%
CVRX	F	0.0%
CPSS	D	0.0%
TBRG	D	0.0%
AOMR	B	0.0%
OB	C	0.0%
KVHI	C	0.0%
NC	D	0.0%
EVEX	D	0.0%
USCB	B	0.0%
CCRD	D	0.0%
EHTH	D	0.0%
EP	D	0.0%
SNFCA	D	0.0%
TLYS	F	0.0%
STRS	D	0.0%
EGAN	F	0.0%
SPWH	D	0.0%
PTSI	D	0.0%
SSTI	F	0.0%
PNRG	C	0.0%
MYFW	C	0.0%
FF	D	0.0%
NODK	B	0.0%
IBEX	D	0.0%
BTMD	D	0.0%
INNV	F	0.0%
INTT	F	0.0%
SAMG	D	0.0%
BWFG	F	0.0%
ATLC	F	0.0%
CRD.B	D	0.0%
GLUE	F	0.0%
MASS	D	0.0%
QUAD	F	0.0%
MGTX	F	0.0%
SMLR	F	0.0%
VEL	C	0.0%
RMAX	D	0.0%
KFS	D	0.0%
CTGO	D	0.0%
WEYS	C	0.0%
EVI	F	0.0%
RRGB	D	0.0%
MNSB	D	0.0%
FLL	D	0.0%
TTEC	F	0.0%
BH	B	0.0%
GWRS	B	0.0%
SCPH	F	0.0%

RYLD Underweight 332 Positions Relative to SMLF

Symbol	Grade	Weight
EME	A	-0.83%
DECK	C	-0.68%
WSM	B	-0.65%
EVR	A	-0.59%
BPOP	A	-0.58%
NVT	A	-0.58%
NTNX	B	-0.58%
FR	D	-0.57%
JBL	F	-0.56%
DKS	D	-0.52%
RS	D	-0.52%
WING	C	-0.51%
MEDP	C	-0.51%
IDA	C	-0.48%
JEF	A	-0.46%
CNM	A	-0.45%
MANH	D	-0.44%
APP	C	-0.42%
CSL	B	-0.41%
TRGP	B	-0.4%
ALSN	D	-0.4%
ITT	A	-0.39%
AM	A	-0.39%
ORI	B	-0.38%
HRB	B	-0.37%
CROX	B	-0.36%
IOT	B	-0.36%
LPX	A	-0.36%
LSCC	F	-0.36%
TREX	D	-0.35%
PSTG	A	-0.35%
CHE	F	-0.35%
TTEK	B	-0.34%
BBWI	B	-0.34%
LAMR	A	-0.34%
IBKR	B	-0.34%
INSP	F	-0.34%
OVV	D	-0.33%
APA	F	-0.33%
EWBC	B	-0.33%
ENTG	D	-0.33%
NTRA	B	-0.33%
AXON	D	-0.33%
COCO	C	-0.32%
GGG	D	-0.32%
ESTC	C	-0.32%
BRX	C	-0.32%
WSO	B	-0.31%
TTC	C	-0.31%
AYI	B	-0.29%
CHK	B	-0.29%
VNO	D	-0.29%
UTHR	B	-0.29%
SPXC	B	-0.28%
RNR	D	-0.28%
GPK	C	-0.28%
AGCO	D	-0.28%
AMH	B	-0.27%
AR	B	-0.27%
FLEX	C	-0.27%
XP	F	-0.27%
THC	A	-0.27%
SRPT	C	-0.27%
CR	A	-0.27%
RRX	D	-0.26%
BLD	C	-0.26%
AN	C	-0.26%
JHG	A	-0.25%
TPX	C	-0.25%
TKR	B	-0.25%
M	D	-0.25%
AGO	D	-0.25%
R	A	-0.24%
FCNCA	C	-0.24%
RRC	B	-0.24%
SWAV	A	-0.23%
PRI	D	-0.23%
CFR	D	-0.23%
NDSN	B	-0.23%
BJ	B	-0.22%
ARW	C	-0.22%
SLM	D	-0.22%
LBTYA	D	-0.22%
TPR	D	-0.22%
WCC	B	-0.22%
CAVA	B	-0.22%
TPG	D	-0.21%
CBSH	B	-0.21%
BRKR	D	-0.21%
AMG	D	-0.21%
SN	B	-0.2%
ZION	B	-0.2%
DCI	B	-0.2%
SMAR	D	-0.2%
RPM	C	-0.2%
PVH	D	-0.2%
DTM	A	-0.2%
ACM	D	-0.19%
FHB	B	-0.19%
CMA	B	-0.19%
OMF	C	-0.19%
AZPN	B	-0.19%
SMG	D	-0.19%
CW	B	-0.19%
XRAY	F	-0.19%
AA	B	-0.18%
SCI	D	-0.18%
KBR	C	-0.18%
NOV	F	-0.18%
RHI	F	-0.18%
FROG	D	-0.18%
BSY	B	-0.18%
AGNC	A	-0.18%
OC	B	-0.18%
HOG	D	-0.18%
GTLB	D	-0.18%
HLI	B	-0.18%
GLPI	C	-0.18%
EDR	A	-0.17%
VOYA	B	-0.17%
HIW	B	-0.17%
IONS	F	-0.17%
RNG	C	-0.17%
EXEL	F	-0.17%
WTM	D	-0.17%
ESAB	B	-0.17%
USFD	B	-0.16%
AIZ	D	-0.16%
TDOC	F	-0.16%
GME	C	-0.16%
FAF	D	-0.16%
PRKS	D	-0.16%
SAIA	F	-0.16%
KNSL	F	-0.16%
ACI	D	-0.16%
CELH	C	-0.15%
WEN	D	-0.15%
HUN	D	-0.15%
ESI	D	-0.15%
WMS	B	-0.15%
TNL	C	-0.15%
BRC	B	-0.15%
ALLE	D	-0.15%
SPB	B	-0.15%
AY	C	-0.15%
RIG	D	-0.15%
WAL	C	-0.14%
SF	A	-0.14%
OLN	C	-0.14%
CC	C	-0.14%
XPO	D	-0.14%
GPS	D	-0.14%
MMYT	A	-0.13%
RYAN	B	-0.13%
MAT	F	-0.13%
W	C	-0.13%
THO	F	-0.13%
PCTY	D	-0.13%
UPBD	C	-0.13%
NFG	B	-0.13%
KIM	C	-0.13%
NXT	D	-0.13%
RGLD	A	-0.13%
UA	F	-0.12%
RGEN	D	-0.12%
X	D	-0.12%
OGE	B	-0.12%
KRC	D	-0.12%
GNRC	C	-0.12%
SON	B	-0.12%
VMI	C	-0.12%
WEX	D	-0.12%
FIVN	F	-0.12%
WH	F	-0.11%
EEFT	C	-0.11%
BERY	D	-0.11%
LSTR	C	-0.11%
WSC	F	-0.11%
CXT	B	-0.11%
CACC	D	-0.11%
CUBE	D	-0.11%
FYBR	B	-0.11%
NNN	B	-0.11%
KSS	D	-0.11%
NYT	B	-0.11%
LYFT	D	-0.1%
EGP	D	-0.1%
HAS	C	-0.1%
MKSI	C	-0.1%
MIDD	F	-0.1%
PII	F	-0.1%
BWXT	D	-0.1%
MFA	C	-0.1%
ASH	B	-0.1%
SBGI	C	-0.1%
BC	D	-0.1%
CRUS	A	-0.1%
CHDN	C	-0.1%
OZK	C	-0.09%
MTG	C	-0.09%
CAR	D	-0.09%
IVZ	C	-0.09%
BILL	F	-0.09%
FHI	D	-0.09%
PD	F	-0.09%
COTY	F	-0.09%
APLS	F	-0.09%
MERC	C	-0.09%
SAFE	C	-0.08%
MASI	D	-0.08%
FLO	C	-0.08%
ALV	A	-0.08%
DOCS	F	-0.08%
OHI	C	-0.08%
VAC	D	-0.08%
HOUS	F	-0.08%
YETI	D	-0.08%
TOST	B	-0.08%
ACHC	F	-0.08%
LAZ	B	-0.08%
NXST	C	-0.08%
SNDR	D	-0.08%
STWD	B	-0.07%
MPW	C	-0.07%
PLNT	C	-0.07%
LECO	D	-0.07%
PEN	F	-0.07%
TXRH	B	-0.07%
RYN	F	-0.07%
AVDX	D	-0.07%
ONON	B	-0.07%
AZEK	C	-0.07%
TOL	A	-0.07%
CUZ	B	-0.07%
PNFP	C	-0.07%
ILPT	C	-0.07%
NYCB	D	-0.07%
WLY	C	-0.06%
ADT	B	-0.06%
CFLT	D	-0.06%
TLRY	D	-0.06%
NVST	F	-0.06%
UGI	C	-0.06%
ALGM	D	-0.06%
SITE	D	-0.06%
ESTA	C	-0.06%
THG	C	-0.06%
PEGA	C	-0.06%
MDU	B	-0.06%
LFUS	C	-0.06%
VNT	D	-0.06%
CLH	B	-0.06%
TDC	F	-0.06%
TKO	C	-0.06%
PK	D	-0.06%
ADEA	C	-0.06%
FCN	B	-0.05%
QDEL	D	-0.05%
EHC	B	-0.05%
VSTS	F	-0.05%
MAN	C	-0.05%
KD	A	-0.05%
HE	D	-0.05%
SOFI	F	-0.04%
ANGI	C	-0.04%
LITE	D	-0.04%
SNV	B	-0.04%
KNX	F	-0.04%
CLVT	F	-0.04%
UNM	B	-0.04%
FHN	B	-0.04%
RKT	C	-0.04%
DAR	D	-0.04%
LZ	F	-0.04%
OLED	C	-0.04%
STAG	D	-0.04%
SYM	C	-0.04%
IVR	C	-0.04%
FIVE	F	-0.04%
WBS	D	-0.04%
AMPL	F	-0.04%
AXTA	C	-0.03%
DNB	C	-0.03%
NEXA	B	-0.03%
ATHA	F	-0.03%
CDP	B	-0.03%
TWO	C	-0.03%
MBLY	F	-0.03%
CRSP	F	-0.03%
KLG	C	-0.03%
NATL	A	-0.03%
RLI	C	-0.03%
RH	C	-0.03%
IRDM	D	-0.03%
PARA	D	-0.02%
PYCR	F	-0.02%
BOKF	B	-0.02%
CTRN	F	-0.02%
CPRI	F	-0.02%
WTFC	B	-0.02%
RL	D	-0.02%
GMED	B	-0.02%
HXL	C	-0.02%
CASY	B	-0.02%
MSM	D	-0.02%
SAM	F	-0.02%
EPR	C	-0.02%
VIRT	B	-0.02%
CIEN	C	-0.02%
PRGO	D	-0.02%
MSA	B	-0.02%
VFC	F	-0.02%
WOOF	D	-0.01%
CHWY	F	-0.01%
HTZ	F	-0.01%
DINO	D	-0.01%
ARR	C	-0.01%
MBC	D	-0.01%
VRE	C	-0.01%
GO	F	-0.01%
AGEN	D	-0.01%
TR	F	-0.01%
AXS	B	-0.01%
BYD	F	-0.01%
ROIV	C	-0.01%
HYFM	F	-0.01%
QRTEA	F	-0.01%
NMRA	F	-0.01%
CACI	B	-0.01%
PAYO	C	-0.0%
BFH	B	-0.0%
SEE	C	-0.0%