SMLF vs. BSVO ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to EA Bridgeway Omni Small-Cap Value ETF (BSVO)

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

$66.39

Average Daily Volume

66,101

Number of Holdings ^*

809

* may have additional holdings in another (foreign) market

BSVO

EA Bridgeway Omni Small-Cap Value ETF

BSVO Description

The fund seeks to achieve its investment objective by investing primarily in a broad and diverse group of small-cap stocks that the Sub-Adviser determines are value stocks. Under normal circumstances, the fund invests 80% of its net assets (plus borrowings for investment purposes) in equity or equity-related securities ("common stocks") of small-cap companies at the time of purchase.

Grade (RS Rating)

Last Trade

$21.55

Average Daily Volume

131,100

Number of Holdings ^*

568

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	BSVO
30 Days	0.39%	-1.55%
60 Days	5.87%	0.86%
90 Days	9.72%	4.66%
12 Months	30.89%	18.07%

87 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in BSVO	Overlap
ACCO	B	0.11%	0.15%	0.11%
AGM	F	0.1%	0.41%	0.1%
AMBC	D	0.05%	0.14%	0.05%
AMCX	F	0.05%	0.1%	0.05%
ANF	F	0.3%	0.25%	0.25%
ARCB	F	0.02%	0.02%	0.02%
AROC	D	0.11%	0.09%	0.09%
BFH	C	0.0%	0.77%	0.0%
BKU	D	0.0%	0.57%	0.0%
BRY	D	0.02%	0.14%	0.02%
CAL	F	0.08%	0.27%	0.08%
CASH	B	0.0%	0.01%	0.0%
CEIX	B	0.07%	0.01%	0.01%
CENTA	D	0.05%	0.49%	0.05%
CFFN	B	0.04%	0.03%	0.03%
CNDT	C	0.02%	0.21%	0.02%
CTBI	B	0.05%	0.23%	0.05%
CUBI	F	0.08%	0.04%	0.04%
DAN	F	0.02%	0.43%	0.02%
DBI	F	0.02%	0.11%	0.02%
DLX	F	0.07%	0.29%	0.07%
DNOW	D	0.08%	0.45%	0.08%
EGBN	B	0.04%	0.05%	0.04%
EIG	C	0.0%	0.0%	0.0%
ENVA	A	0.01%	0.75%	0.01%
EPC	F	0.01%	0.49%	0.01%
FL	D	0.03%	0.63%	0.03%
FLWS	C	0.01%	0.19%	0.01%
GCO	F	0.06%	0.11%	0.06%
GDOT	B	0.0%	0.15%	0.0%
GES	F	0.16%	0.31%	0.16%
GIII	C	0.03%	0.49%	0.03%
HCC	A	0.06%	0.77%	0.06%
HOV	C	0.11%	0.36%	0.11%
HSII	A	0.28%	0.26%	0.26%
HTH	F	0.11%	0.41%	0.11%
IMKTA	D	0.23%	0.27%	0.23%
INVA	C	0.1%	0.13%	0.1%
JELD	F	0.03%	0.41%	0.03%
KALU	C	0.01%	0.19%	0.01%
KRNY	B	0.02%	0.08%	0.02%
KSS	F	0.09%	0.5%	0.09%
LILA	A	0.12%	0.13%	0.12%
LOVE	B	0.11%	0.11%	0.11%
LPG	F	0.04%	0.48%	0.04%
MATV	F	0.09%	0.25%	0.09%
MCB	C	0.1%	0.15%	0.1%
MCY	B	0.06%	0.04%	0.04%
MERC	F	0.06%	0.13%	0.06%
MRC	F	0.08%	0.24%	0.08%
MTW	F	0.02%	0.12%	0.02%
NAVI	F	0.19%	0.48%	0.19%
NFBK	C	0.01%	0.1%	0.01%
NTB	D	0.07%	0.34%	0.07%
NTCT	D	0.11%	0.06%	0.06%
NX	C	0.03%	0.35%	0.03%
ODP	C	0.15%	0.41%	0.15%
OIS	D	0.01%	0.11%	0.01%
OMI	F	0.05%	0.31%	0.05%
OPEN	F	0.02%	0.39%	0.02%
OSUR	F	0.01%	0.1%	0.01%
PFBC	B	0.0%	0.27%	0.0%
PHIN	C	0.08%	0.73%	0.08%
PRDO	B	0.0%	0.54%	0.0%
PRG	C	0.17%	0.02%	0.02%
QRTEA	F	0.02%	0.02%	0.02%
REVG	C	0.03%	0.0%	0.0%
RYI	C	0.03%	0.3%	0.03%
SAH	A	0.04%	0.0%	0.0%
SATS	B	0.15%	0.56%	0.15%
SCS	F	0.08%	0.49%	0.08%
SFL	F	0.07%	0.52%	0.07%
SRCE	C	0.15%	0.35%	0.15%
SWIM	C	0.03%	0.16%	0.03%
TDS	B	0.05%	0.93%	0.05%
TGNA	B	0.09%	0.67%	0.09%
TRMK	B	0.0%	0.48%	0.0%
UNFI	B	0.02%	0.28%	0.02%
UVE	D	0.03%	0.15%	0.03%
VIR	A	0.07%	0.13%	0.07%
VNDA	C	0.03%	0.06%	0.03%
VSTO	A	0.15%	0.81%	0.15%
WAFD	D	0.12%	0.51%	0.12%
WGO	D	0.05%	0.48%	0.05%
WNC	D	0.07%	0.24%	0.07%
WTTR	D	0.05%	0.46%	0.05%
XRX	F	0.18%	0.4%	0.18%

SMLF Overweight 722 Positions Relative to BSVO

Symbol	Grade	Weight
APP	B	0.94%
EME	A	0.89%
EVR	B	0.76%
DECK	A	0.7%
MSTR	B	0.58%
SFM	A	0.58%
JBL	A	0.56%
ALSN	A	0.55%
NTNX	B	0.53%
BPOP	F	0.53%
NVT	D	0.53%
SLG	B	0.52%
MANH	D	0.51%
CVNA	A	0.5%
AXON	B	0.49%
RS	C	0.48%
MLI	A	0.47%
WSM	D	0.46%
IDA	A	0.44%
DUOL	A	0.43%
HRB	C	0.43%
VNO	B	0.43%
FIX	B	0.42%
CSL	D	0.41%
IOT	C	0.41%
ORI	D	0.41%
PCOR	B	0.41%
IBKR	A	0.41%
UTHR	A	0.4%
COOP	C	0.4%
COCO	A	0.4%
DKS	F	0.4%
CNM	D	0.4%
LBRDA	A	0.39%
EWBC	A	0.39%
AM	D	0.38%
LPX	C	0.38%
MEDP	F	0.38%
JEF	B	0.37%
TTEK	A	0.37%
BRX	A	0.37%
SOLV	B	0.36%
GTLB	A	0.36%
LAMR	B	0.36%
AYI	A	0.35%
CAVA	B	0.35%
WFRD	F	0.35%
YOU	B	0.34%
POWL	A	0.34%
CR	B	0.34%
NTRA	C	0.34%
MAC	A	0.33%
WING	F	0.33%
FR	D	0.33%
THC	B	0.32%
PIPR	B	0.31%
FLEX	A	0.31%
ITT	C	0.31%
CHE	F	0.31%
PSTG	D	0.31%
WK	A	0.31%
WSO	C	0.3%
GGG	D	0.3%
DDS	B	0.29%
ALKS	D	0.29%
JHG	A	0.29%
SMAR	A	0.28%
PRI	B	0.28%
GPK	D	0.28%
SPXC	D	0.28%
CORT	A	0.28%
R	A	0.27%
XRAY	F	0.27%
EXE	A	0.27%
AMG	C	0.26%
HURN	A	0.26%
AGO	B	0.26%
TPR	A	0.26%
SIG	D	0.26%
FCNCA	C	0.26%
SN	C	0.26%
STRL	B	0.26%
MOD	C	0.26%
AMH	F	0.25%
LNTH	A	0.25%
CFR	B	0.25%
ESTC	F	0.25%
LBTYA	C	0.25%
ENTG	F	0.25%
INTA	A	0.25%
TREX	C	0.25%
CPRX	A	0.25%
AN	D	0.24%
SKT	B	0.24%
SRPT	D	0.24%
HALO	B	0.24%
LSCC	C	0.24%
APA	F	0.24%
EXEL	A	0.24%
GAP	C	0.23%
UFPI	D	0.23%
EXLS	A	0.23%
ZION	B	0.23%
RNR	B	0.23%
RMBS	C	0.23%
AGCO	C	0.23%
CW	A	0.23%
OVV	D	0.23%
SMG	A	0.23%
CROX	F	0.22%
CMA	B	0.22%
BCC	D	0.22%
AXSM	D	0.22%
AZPN	A	0.22%
TPX	F	0.22%
RPM	B	0.22%
COKE	D	0.22%
CBSH	A	0.22%
BLD	F	0.22%
TPG	B	0.22%
GPI	B	0.21%
LIVN	D	0.21%
JOE	F	0.21%
SANM	A	0.21%
ETSY	D	0.21%
WS	A	0.21%
MATX	A	0.21%
HAS	D	0.21%
DNLI	C	0.2%
RNG	A	0.2%
M	D	0.2%
TKR	C	0.2%
ATKR	D	0.2%
WCC	A	0.2%
GLPI	C	0.2%
HIW	C	0.2%
ACM	A	0.2%
RRX	A	0.2%
RRC	C	0.19%
DCI	A	0.19%
PDM	B	0.19%
RDDT	A	0.19%
TDOC	C	0.19%
AR	F	0.19%
MUR	F	0.19%
DTM	A	0.19%
ONTO	F	0.19%
ARW	F	0.19%
BBWI	D	0.19%
TEX	F	0.19%
USFD	A	0.18%
AVNT	D	0.18%
W	F	0.18%
PRGS	B	0.18%
ELF	F	0.18%
FROG	C	0.18%
LNW	D	0.18%
NDSN	F	0.18%
JBSS	F	0.18%
ESAB	A	0.18%
ALLE	C	0.17%
PRKS	B	0.17%
SBGI	A	0.17%
SF	B	0.17%
PGRE	C	0.17%
AGNC	D	0.17%
HAE	F	0.17%
PVH	C	0.17%
CWEN	C	0.17%
TOST	A	0.17%
KNSL	F	0.17%
KFRC	D	0.17%
EXTR	B	0.17%
FAF	D	0.17%
BRC	D	0.17%
VCYT	A	0.17%
MMYT	C	0.17%
VOYA	B	0.17%
KRG	A	0.17%
OC	B	0.17%
HLI	A	0.17%
SPB	C	0.16%
SLM	C	0.16%
WTM	C	0.16%
ESI	A	0.16%
OMF	A	0.16%
ACLX	B	0.16%
ENSG	A	0.16%
KIM	A	0.16%
LRN	A	0.16%
XPO	A	0.16%
LUMN	A	0.16%
IVT	A	0.16%
AIZ	D	0.16%
BJ	A	0.16%
TOL	D	0.16%
RHI	C	0.16%
SCI	A	0.15%
NOVT	C	0.15%
FYBR	B	0.15%
TTC	F	0.15%
TPH	D	0.15%
VMI	A	0.15%
GH	C	0.15%
IGT	F	0.15%
SKY	C	0.15%
CVCO	B	0.15%
RL	A	0.15%
RGLD	B	0.15%
AY	A	0.15%
SSD	F	0.15%
IONS	F	0.15%
PI	C	0.15%
CNO	A	0.15%
BMI	C	0.15%
TNL	A	0.15%
BL	B	0.15%
HOG	F	0.15%
BRKR	D	0.15%
ATI	F	0.14%
WEN	A	0.14%
PCTY	A	0.14%
BDN	D	0.14%
NFG	C	0.14%
FTAI	B	0.14%
GME	B	0.14%
ACLS	F	0.14%
YEXT	A	0.14%
GNRC	A	0.14%
AA	B	0.14%
SPT	F	0.14%
GATX	A	0.14%
INSP	D	0.14%
ABG	B	0.14%
NUVL	D	0.14%
KBR	B	0.14%
ONON	D	0.14%
MMSI	B	0.14%
XNCR	A	0.14%
NJR	D	0.14%
GOLF	D	0.13%
NOV	F	0.13%
IPAR	B	0.13%
SFBS	A	0.13%
NSP	F	0.13%
WMS	C	0.13%
AMR	F	0.13%
THO	D	0.13%
UMBF	A	0.13%
CRUS	F	0.13%
BANF	B	0.13%
DOCS	A	0.13%
CBT	A	0.13%
BCRX	C	0.13%
RYAN	B	0.13%
MFA	D	0.13%
NYT	C	0.13%
UA	B	0.13%
OGS	C	0.13%
BSY	D	0.13%
MAT	A	0.13%
BWXT	B	0.13%
KRC	B	0.13%
CMC	B	0.13%
BERY	A	0.12%
CUBE	D	0.12%
WTS	F	0.12%
KAI	A	0.12%
SSTK	D	0.12%
WH	A	0.12%
TNET	F	0.12%
HUN	F	0.12%
BLKB	F	0.12%
SR	D	0.12%
BRZE	F	0.12%
BPMC	C	0.12%
BAND	A	0.12%
AWR	D	0.12%
OGE	C	0.12%
SON	F	0.11%
OHI	B	0.11%
UGI	D	0.11%
GFF	F	0.11%
VRNS	D	0.11%
BASE	D	0.11%
PCVX	D	0.11%
AMLX	B	0.11%
KLIC	B	0.11%
PTEN	F	0.11%
CYTK	F	0.11%
PNM	B	0.11%
FHI	A	0.11%
APOG	A	0.11%
SPSC	F	0.11%
NNN	D	0.11%
LAZ	A	0.11%
CHX	F	0.11%
VECO	F	0.11%
ALX	D	0.11%
PARA	C	0.11%
DFIN	F	0.11%
SAIA	A	0.11%
QLYS	D	0.11%
AIT	A	0.11%
X	C	0.11%
ICFI	A	0.11%
BKE	A	0.11%
WEX	F	0.1%
EXPO	D	0.1%
TMHC	A	0.1%
BC	D	0.1%
VSH	F	0.1%
EGP	F	0.1%
COUR	F	0.1%
SYNA	F	0.1%
VMEO	C	0.1%
JACK	C	0.1%
OLN	F	0.1%
LSTR	F	0.1%
IBOC	B	0.1%
WAL	D	0.1%
KW	C	0.1%
CHDN	C	0.1%
IVZ	B	0.1%
ACAD	F	0.1%
MTG	D	0.1%
EXPI	B	0.1%
HIMS	B	0.1%
HP	C	0.1%
CARG	B	0.1%
OII	B	0.1%
INSM	D	0.1%
MDGL	A	0.1%
NXST	A	0.09%
PLUS	D	0.09%
MIDD	F	0.09%
FLR	B	0.09%
ALIT	F	0.09%
MTN	F	0.09%
LZ	C	0.09%
LGND	A	0.09%
WSC	F	0.09%
MTRN	D	0.09%
EEFT	C	0.09%
CUZ	B	0.09%
CRS	B	0.09%
APG	B	0.09%
DVAX	A	0.09%
PNFP	A	0.09%
UPBD	C	0.09%
VFC	A	0.09%
CXT	F	0.09%
HASI	A	0.09%
FLG	F	0.09%
ASB	A	0.09%
NSSC	F	0.09%
CMPR	F	0.09%
OSCR	C	0.09%
CRC	A	0.09%
ACA	A	0.09%
CRDO	A	0.09%
BECN	B	0.09%
PEGA	A	0.08%
FLNC	A	0.08%
POR	C	0.08%
CVLT	B	0.08%
HI	F	0.08%
ELAN	D	0.08%
CARS	D	0.08%
TENB	F	0.08%
LYFT	C	0.08%
NARI	A	0.08%
OZK	B	0.08%
MASI	A	0.08%
FHB	A	0.08%
AGX	A	0.08%
YETI	D	0.08%
GMS	A	0.08%
VC	F	0.08%
CSWI	B	0.08%
CXW	D	0.08%
PD	C	0.08%
VERA	A	0.08%
RGEN	D	0.08%
EYPT	C	0.08%
KNF	B	0.08%
PLNT	D	0.08%
BOX	B	0.08%
IDCC	A	0.08%
KN	D	0.08%
WOR	F	0.08%
MTSI	B	0.08%
AMPH	A	0.08%
HEES	C	0.08%
ATEN	B	0.08%
CACC	F	0.08%
ASH	F	0.08%
PBH	A	0.08%
ALV	F	0.08%
LBTYK	C	0.08%
OPCH	F	0.08%
BDC	B	0.08%
VKTX	C	0.08%
RDN	D	0.07%
BLMN	F	0.07%
UVV	B	0.07%
AMPL	C	0.07%
ASO	D	0.07%
FLO	F	0.07%
DH	F	0.07%
CNMD	D	0.07%
AIV	D	0.07%
AMRX	D	0.07%
MPW	D	0.07%
OTTR	D	0.07%
RYN	B	0.07%
ADEA	A	0.07%
DOMO	C	0.07%
EPAC	A	0.07%
WLY	B	0.07%
MED	D	0.07%
PEN	A	0.07%
EQC	C	0.07%
RIG	C	0.07%
HE	F	0.07%
GKOS	B	0.07%
BCO	C	0.07%
HWC	B	0.07%
SNEX	A	0.07%
SM	F	0.07%
NSIT	F	0.07%
GEO	B	0.07%
LXP	D	0.07%
MKSI	F	0.07%
WYNN	B	0.07%
TXRH	B	0.07%
CAR	C	0.07%
NBR	C	0.07%
BRBR	A	0.06%
YELP	C	0.06%
SANA	F	0.06%
KD	D	0.06%
CC	C	0.06%
IRTC	C	0.06%
AEO	F	0.06%
OXM	F	0.06%
AFRM	A	0.06%
TRN	C	0.06%
FN	C	0.06%
S	B	0.06%
RUSHA	A	0.06%
COTY	F	0.06%
ITCI	A	0.06%
ILPT	F	0.06%
VAC	C	0.06%
WBA	C	0.06%
NVST	A	0.06%
APPF	D	0.06%
NXT	C	0.06%
FIVN	C	0.06%
TNC	F	0.06%
CASY	B	0.06%
LADR	C	0.06%
STWD	D	0.06%
ANGI	C	0.06%
AZEK	C	0.06%
CLH	C	0.06%
UNIT	A	0.06%
HLF	D	0.05%
CERS	F	0.05%
ITGR	D	0.05%
AVDX	C	0.05%
ANAB	F	0.05%
NHI	D	0.05%
ACI	F	0.05%
RCUS	F	0.05%
SONO	C	0.05%
ASAN	D	0.05%
IBP	F	0.05%
WBS	B	0.05%
ITRI	A	0.05%
THR	F	0.05%
AVXL	A	0.05%
CELH	F	0.05%
KOS	F	0.05%
MMS	C	0.05%
ACHC	F	0.05%
EHC	A	0.05%
SITE	C	0.05%
TARS	A	0.05%
SMTC	B	0.05%
AVAV	B	0.05%
PATH	F	0.05%
GPMT	C	0.05%
VNT	B	0.05%
HWKN	D	0.05%
PK	D	0.05%
HOUS	F	0.05%
ZIP	F	0.05%
LECO	C	0.05%
FUN	C	0.05%
ADMA	B	0.05%
SOFI	A	0.05%
APLS	F	0.05%
CNX	B	0.05%
PZZA	A	0.05%
FOLD	B	0.05%
LFUS	F	0.05%
AMN	F	0.05%
NRC	F	0.04%
CNS	B	0.04%
CORZ	B	0.04%
CGEM	F	0.04%
RPD	C	0.04%
TILE	A	0.04%
DIN	F	0.04%
CDP	A	0.04%
MDU	F	0.04%
AGYS	D	0.04%
SPRY	B	0.04%
ARRY	D	0.04%
ROKU	D	0.04%
NATL	D	0.04%
FCN	F	0.04%
MAN	F	0.04%
OUT	B	0.04%
PFSI	D	0.04%
PRGO	F	0.04%
IDT	B	0.04%
OLED	F	0.04%
FHN	B	0.04%
RVMD	A	0.04%
DAWN	A	0.04%
STAG	F	0.04%
MDXG	A	0.04%
ENS	F	0.04%
AGS	A	0.04%
IOSP	F	0.04%
KREF	B	0.04%
VITL	C	0.04%
RKT	D	0.04%
HELE	C	0.04%
HSTM	A	0.04%
KLG	F	0.04%
FFIN	D	0.04%
BEAM	D	0.04%
BKD	D	0.04%
CVBF	B	0.04%
HPP	F	0.04%
BCPC	B	0.04%
SNV	B	0.04%
VCEL	D	0.03%
TGTX	B	0.03%
AXTA	A	0.03%
MOG.A	B	0.03%
MGNI	D	0.03%
GMED	A	0.03%
ALRM	F	0.03%
WD	C	0.03%
VIAV	A	0.03%
AKRO	A	0.03%
ALHC	A	0.03%
IESC	A	0.03%
CHWY	C	0.03%
LTH	D	0.03%
ADT	B	0.03%
SUPN	A	0.03%
VIRT	D	0.03%
OPI	F	0.03%
SNDX	F	0.03%
JANX	A	0.03%
CHRD	F	0.03%
SVC	F	0.03%
EVTC	D	0.03%
PDCO	F	0.03%
CIEN	B	0.03%
EMBC	C	0.03%
TLRY	D	0.03%
OFIX	A	0.03%
DNB	B	0.03%
XHR	C	0.03%
ARCH	C	0.03%
BBIO	F	0.03%
HNI	D	0.03%
ACCD	F	0.03%
TCBI	B	0.03%
BILL	A	0.03%
QDEL	F	0.03%
OI	F	0.03%
CALX	F	0.03%
QXO	C	0.03%
CVI	F	0.03%
UDMY	D	0.03%
RLI	A	0.03%
SNBR	F	0.03%
BRSP	C	0.03%
SLAB	F	0.03%
ATRC	A	0.03%
FLYW	C	0.03%
ARWR	F	0.03%
RDFN	C	0.03%
CLVT	F	0.03%
EVH	D	0.03%
TPB	A	0.03%
IVR	F	0.03%
HXL	F	0.02%
SSB	C	0.02%
AEIS	A	0.02%
PII	F	0.02%
NEXA	B	0.02%
SHO	F	0.02%
MSM	D	0.02%
PRO	C	0.02%
RAMP	D	0.02%
WOOF	C	0.02%
ALAB	B	0.02%
SLVM	A	0.02%
ARCT	F	0.02%
VSTS	F	0.02%
DYN	F	0.02%
KVYO	A	0.02%
NUS	F	0.02%
KFY	B	0.02%
BMBL	C	0.02%
HAIN	A	0.02%
CACI	A	0.02%
MSA	F	0.02%
LMAT	B	0.02%
WTFC	B	0.02%
FSS	F	0.02%
SAFE	F	0.02%
GPRO	C	0.02%
EDR	B	0.02%
NWL	A	0.02%
RLJ	F	0.02%
EVRI	A	0.02%
PR	F	0.02%
IRWD	F	0.02%
DOCN	D	0.02%
DY	D	0.02%
PBF	F	0.02%
TSE	D	0.02%
EPR	D	0.02%
RGNX	F	0.02%
CRSP	C	0.02%
PTCT	B	0.02%
USNA	C	0.02%
SITC	F	0.02%
TWO	F	0.02%
LANC	A	0.02%
CWK	B	0.01%
AIN	F	0.01%
PGEN	F	0.01%
GO	F	0.01%
DINO	F	0.01%
SFIX	C	0.01%
JOBY	D	0.01%
BIGC	F	0.01%
VAL	F	0.01%
PEB	F	0.01%
ALGM	F	0.01%
ARR	D	0.01%
PCH	D	0.01%
POWI	C	0.01%
HTZ	F	0.01%
XPRO	F	0.01%
HMST	F	0.01%
JAMF	D	0.01%
TR	D	0.01%
OMER	A	0.01%
VRE	D	0.01%
UTL	D	0.01%
BKH	D	0.01%
NWN	D	0.01%
MITK	D	0.01%
MBC	B	0.01%
NTLA	F	0.01%
ZUO	A	0.01%
STGW	C	0.01%
CRAI	B	0.01%
TDC	C	0.01%
HCAT	D	0.01%
WTI	F	0.01%
SWI	B	0.01%
MLAB	C	0.01%
HQY	B	0.01%
SWX	C	0.01%
RBRK	A	0.01%
TTGT	C	0.01%
ROIV	D	0.01%
NGVT	C	0.01%
AXS	B	0.01%
BSIG	A	0.01%
SWTX	F	0.01%
PYCR	A	0.01%
CAKE	A	0.01%
ENR	A	0.01%
MBLY	C	0.01%
GEF	B	0.01%
OLPX	F	0.01%
GWRE	B	0.01%
RHP	A	0.01%
UPWK	A	0.01%
RXT	C	0.01%
ASGN	F	0.01%
BYD	A	0.01%
OSIS	F	0.01%
ERAS	B	0.01%
MC	D	0.0%
CHCO	C	0.0%
SEE	B	0.0%
NBTB	D	0.0%
FULT	C	0.0%
JXN	B	0.0%
BOH	A	0.0%
DEI	B	0.0%
GNW	D	0.0%
UNM	A	0.0%
TBBK	D	0.0%
FBP	D	0.0%
AX	B	0.0%
OFG	C	0.0%

SMLF Underweight 481 Positions Relative to BSVO

Symbol	Grade	Weight
SKYW	A	-0.94%
PATK	F	-0.79%
NMRK	C	-0.78%
CRGY	A	-0.78%
TTMI	A	-0.75%
MHO	C	-0.71%
GPOR	F	-0.71%
GOGL	D	-0.69%
SPNT	D	-0.67%
JBLU	D	-0.66%
GBX	A	-0.66%
PTVE	F	-0.65%
LILAK	A	-0.61%
PINC	B	-0.6%
MLKN	F	-0.59%
TROX	F	-0.59%
BHE	A	-0.58%
AMWD	B	-0.57%
TALO	D	-0.57%
ANDE	F	-0.55%
WKC	D	-0.55%
SFNC	B	-0.55%
FOR	F	-0.54%
BV	A	-0.54%
FRME	D	-0.54%
DOLE	B	-0.53%
MSGE	C	-0.53%
FFBC	B	-0.53%
CMRE	C	-0.53%
VYX	D	-0.52%
FDP	A	-0.51%
INDB	B	-0.51%
TOWN	D	-0.51%
ZD	D	-0.49%
TPC	B	-0.49%
FBK	B	-0.48%
RNST	B	-0.46%
IBTX	C	-0.44%
ADNT	F	-0.44%
AHCO	D	-0.43%
HTLF	A	-0.43%
EFSC	B	-0.43%
WLFC	B	-0.42%
BANR	B	-0.42%
HMN	A	-0.42%
SCSC	F	-0.41%
PLAB	F	-0.41%
STC	D	-0.41%
WSBC	B	-0.4%
NBHC	B	-0.39%
DK	F	-0.38%
LZB	D	-0.37%
ADV	D	-0.36%
GCI	C	-0.36%
HOPE	D	-0.36%
ALGT	A	-0.36%
BZH	C	-0.36%
QCRH	A	-0.36%
ATSG	A	-0.35%
VHI	A	-0.35%
STBA	D	-0.35%
RES	F	-0.35%
PARR	F	-0.35%
BUSE	D	-0.34%
VTLE	F	-0.34%
PFS	C	-0.33%
BXC	A	-0.33%
BLX	B	-0.32%
NWBI	D	-0.32%
SCVL	F	-0.32%
SBH	B	-0.31%
RBCAA	B	-0.3%
PEBO	B	-0.3%
AMAL	B	-0.3%
BY	C	-0.3%
ASIX	B	-0.3%
PUMP	F	-0.28%
SXC	A	-0.28%
GNK	D	-0.28%
VBTX	B	-0.28%
NVRI	F	-0.28%
BHLB	B	-0.27%
EZPW	B	-0.27%
ULH	B	-0.27%
KELYA	D	-0.27%
ECPG	F	-0.27%
AAP	F	-0.26%
PCRX	C	-0.26%
SCHL	F	-0.26%
GHLD	D	-0.26%
SASR	B	-0.26%
KOP	F	-0.25%
UTI	B	-0.25%
SPTN	C	-0.25%
BANC	B	-0.25%
CNOB	D	-0.24%
MD	A	-0.24%
MTUS	F	-0.24%
EQBK	B	-0.23%
ACDC	D	-0.23%
REX	C	-0.23%
AXL	F	-0.23%
SMP	C	-0.22%
ETWO	F	-0.22%
USM	B	-0.22%
FBMS	B	-0.22%
SPFI	B	-0.22%
DAKT	A	-0.21%
ASC	F	-0.21%
MODG	D	-0.21%
CLW	F	-0.2%
NTGR	A	-0.2%
HTLD	F	-0.2%
FBNC	D	-0.2%
VEL	C	-0.19%
UVSP	C	-0.19%
MCS	A	-0.19%
BGS	C	-0.19%
OBK	F	-0.19%
BRKL	A	-0.19%
ORRF	B	-0.19%
RPAY	C	-0.19%
RYAM	B	-0.19%
BALY	A	-0.19%
SNCY	A	-0.19%
EGY	F	-0.19%
WRLD	F	-0.18%
HFWA	A	-0.18%
IBCP	D	-0.18%
CVEO	F	-0.18%
HPK	F	-0.17%
TRST	D	-0.17%
CFB	D	-0.17%
ATNI	F	-0.17%
SBSI	D	-0.17%
NR	F	-0.17%
CPF	C	-0.17%
CBNK	B	-0.16%
DCOM	B	-0.16%
HNRG	B	-0.16%
OCFC	C	-0.16%
TCBK	C	-0.16%
GTN	B	-0.16%
FMBH	D	-0.16%
MBWM	D	-0.16%
HAFC	A	-0.16%
VREX	C	-0.15%
LOCO	D	-0.15%
PANL	F	-0.15%
RDUS	D	-0.15%
PFIS	B	-0.15%
MG	F	-0.15%
TWI	F	-0.15%
PFC	B	-0.15%
SB	F	-0.15%
ZEUS	F	-0.15%
BSRR	D	-0.15%
TIPT	A	-0.15%
SMBK	A	-0.15%
NWPX	A	-0.14%
HVT	F	-0.14%
BFST	B	-0.14%
THFF	C	-0.14%
ACNB	C	-0.14%
ALRS	F	-0.14%
LSEA	C	-0.14%
PACK	D	-0.13%
HBNC	A	-0.13%
MEC	A	-0.13%
MOV	D	-0.13%
TREE	D	-0.13%
EBTC	B	-0.13%
OPY	A	-0.13%
FBIZ	D	-0.13%
ECVT	C	-0.13%
OSBC	B	-0.13%
NECB	B	-0.12%
VLGEA	D	-0.12%
BBCP	F	-0.12%
KODK	F	-0.12%
MOFG	C	-0.12%
NGS	C	-0.12%
CCNE	B	-0.12%
FLGT	C	-0.12%
CCRN	F	-0.11%
USAP	A	-0.11%
FSBW	C	-0.11%
RNGR	A	-0.11%
CENT	D	-0.11%
CAC	A	-0.11%
BH	C	-0.11%
PGC	A	-0.11%
FISI	D	-0.11%
MSBI	A	-0.11%
FF	B	-0.1%
NRIM	D	-0.1%
RLGT	B	-0.1%
IPI	A	-0.1%
KE	C	-0.1%
HONE	D	-0.1%
BSVN	B	-0.1%
HBCP	B	-0.1%
UFCS	F	-0.1%
CPSS	A	-0.1%
BHB	B	-0.1%
JAKK	A	-0.1%
SD	F	-0.1%
AOSL	D	-0.1%
QUAD	A	-0.1%
FFIC	B	-0.1%
TSBK	B	-0.1%
CARE	B	-0.1%
HTBK	D	-0.1%
SGC	C	-0.09%
HBB	F	-0.09%
VTOL	D	-0.09%
FLXS	B	-0.09%
AXR	A	-0.09%
APEI	C	-0.09%
UNTY	A	-0.09%
RGP	F	-0.09%
DGICA	A	-0.09%
MCFT	D	-0.09%
SHBI	B	-0.08%
ISTR	A	-0.08%
WSBF	B	-0.08%
AVNS	F	-0.08%
HLX	F	-0.08%
MPB	B	-0.08%
HRTG	D	-0.08%
GLRE	C	-0.08%
METC	F	-0.08%
SMBC	B	-0.08%
RM	C	-0.08%
FRBA	D	-0.08%
NL	B	-0.08%
RBB	D	-0.08%
TBI	D	-0.08%
WEYS	B	-0.08%
PNRG	B	-0.07%
EVC	B	-0.07%
PTSI	D	-0.07%
NC	A	-0.07%
PKBK	A	-0.07%
FRAF	A	-0.07%
AMPY	D	-0.07%
PCB	A	-0.07%
THRY	F	-0.07%
CHMG	A	-0.07%
CENX	B	-0.07%
VSAT	F	-0.07%
LE	C	-0.07%
OVLY	A	-0.07%
LFVN	A	-0.07%
REI	F	-0.07%
MEI	F	-0.07%
REPX	D	-0.06%
BCML	A	-0.06%
ORN	D	-0.06%
LINC	A	-0.06%
CZWI	A	-0.06%
BCBP	C	-0.06%
CFFI	A	-0.06%
BELFB	C	-0.06%
LCNB	A	-0.06%
RCKY	F	-0.06%
SWKH	F	-0.06%
FSFG	A	-0.06%
ARC	A	-0.06%
CCBG	B	-0.06%
COFS	B	-0.06%
ESSA	B	-0.06%
EML	C	-0.06%
TCBX	A	-0.06%
CBFV	B	-0.06%
CIVB	A	-0.06%
BOOM	F	-0.06%
HZO	F	-0.05%
AMRK	D	-0.05%
CIA	A	-0.05%
POWW	F	-0.05%
WNEB	C	-0.05%
RMAX	C	-0.05%
CCB	A	-0.05%
HWBK	A	-0.05%
PWOD	A	-0.05%
NNBR	F	-0.05%
WMK	C	-0.05%
JRVR	F	-0.05%
FVCB	B	-0.05%
OPBK	A	-0.05%
FUNC	A	-0.05%
SBFG	A	-0.05%
FLIC	D	-0.05%
SMHI	F	-0.05%
SSP	F	-0.05%
VRA	F	-0.05%
PEBK	F	-0.05%
ZUMZ	F	-0.05%
VOXX	A	-0.05%
HOFT	C	-0.05%
LDI	F	-0.04%
LCUT	F	-0.04%
EPSN	A	-0.04%
BMRC	B	-0.04%
OB	F	-0.04%
GEOS	A	-0.04%
CBAN	D	-0.04%
TSQ	F	-0.04%
SFST	B	-0.04%
ITIC	B	-0.04%
BWFG	D	-0.04%
CMT	D	-0.04%
MNSB	D	-0.04%
ITOS	F	-0.04%
JOUT	F	-0.04%
CAAS	A	-0.04%
ESOA	A	-0.04%
ATLC	A	-0.04%
CHGG	F	-0.04%
PBFS	A	-0.04%
UEIC	F	-0.03%
BDL	F	-0.03%
ACTG	F	-0.03%
TUSK	D	-0.03%
SBT	D	-0.03%
DIT	D	-0.03%
WHG	B	-0.03%
EBMT	B	-0.03%
GNTY	D	-0.03%
OPOF	B	-0.03%
LC	B	-0.03%
AXTI	F	-0.03%
TLYS	F	-0.03%
SFBC	B	-0.03%
CLAR	D	-0.03%
SGA	F	-0.03%
PROV	B	-0.03%
NGVC	B	-0.03%
ALCO	F	-0.03%
FGBI	B	-0.03%
FCCO	A	-0.03%
FFWM	D	-0.03%
MYFW	D	-0.03%
RVSB	A	-0.03%
ALTO	A	-0.03%
UBFO	B	-0.03%
XBIT	B	-0.03%
RBKB	A	-0.03%
COOK	C	-0.03%
MBCN	A	-0.03%
PHX	C	-0.03%
ASRT	F	-0.03%
CTRN	C	-0.03%
FFNW	C	-0.03%
MNTX	C	-0.03%
SNFCA	A	-0.03%
FRD	F	-0.03%
MX	F	-0.03%
AE	A	-0.03%
FCAP	A	-0.03%
SENEA	A	-0.02%
TRT	A	-0.02%
SSBK	A	-0.02%
KRO	B	-0.02%
WOW	C	-0.02%
ONEW	C	-0.02%
ARKR	F	-0.02%
BGFV	F	-0.02%
HURC	A	-0.02%
AUBN	A	-0.02%
GRWG	C	-0.02%
CNTY	A	-0.02%
BWB	C	-0.02%
INBK	C	-0.02%
MVBF	F	-0.02%
UFI	D	-0.02%
BOTJ	D	-0.02%
GOCO	A	-0.02%
ASRV	B	-0.02%
GDEN	F	-0.02%
TITN	D	-0.02%
LARK	A	-0.02%
CATO	A	-0.02%
FXNC	A	-0.02%
FONR	F	-0.02%
OPRT	F	-0.02%
SND	A	-0.02%
VYGR	C	-0.02%
PKOH	D	-0.02%
CVGI	F	-0.02%
SPWH	F	-0.02%
SWBI	C	-0.02%
DLTH	D	-0.02%
AROW	B	-0.02%
FINW	A	-0.02%
NCSM	B	-0.02%
BSET	A	-0.02%
AVD	F	-0.02%
CBAT	C	-0.02%
RMBL	C	-0.02%
LMB	C	-0.02%
FUSB	A	-0.01%
LYTS	A	-0.01%
ASUR	D	-0.01%
CZFS	A	-0.01%
HNNA	B	-0.01%
BRBS	C	-0.01%
NATR	D	-0.01%
WYY	B	-0.01%
BRN	F	-0.01%
GTIM	D	-0.01%
NAII	F	-0.01%
BMTX	A	-0.01%
HTBI	D	-0.01%
GLNG	B	-0.01%
PLBC	A	-0.01%
LAKE	F	-0.01%
NTIP	F	-0.01%
KVHI	F	-0.01%
GROW	F	-0.01%
WASH	B	-0.01%
NTWK	C	-0.01%
SCYX	F	-0.01%
ATLO	F	-0.01%
MFIN	A	-0.01%
FMNB	D	-0.01%
LEGH	D	-0.01%
OVID	C	-0.01%
BCAL	B	-0.01%
ACU	F	-0.01%
EVBN	B	-0.01%
UONEK	D	-0.01%
CSTE	F	-0.01%
TWIN	D	-0.01%
BWEN	F	-0.01%
FNWB	F	-0.01%
FNLC	D	-0.01%
DXLG	F	-0.01%
FET	D	-0.01%
FCBC	D	-0.01%
LIVE	F	-0.01%
STRT	C	-0.01%
FRST	F	-0.01%
AZZ	C	-0.01%
MCBS	C	-0.01%
OVBC	D	-0.01%
CRWS	F	-0.01%
ETD	F	-0.01%
AOUT	C	-0.01%
PRLB	B	-0.01%
CRD.B	B	-0.0%
HDSN	F	-0.0%
AAME	C	-0.0%
JRSH	B	-0.0%
GEG	D	-0.0%
BHRB	C	-0.0%
DHX	F	-0.0%
AIRTP	A	-0.0%
PRPH	F	-0.0%
VNCE	D	-0.0%
UNB	A	-0.0%
CLRO	F	-0.0%
SVT	A	-0.0%
UBCP	A	-0.0%
CMLS	F	-0.0%
SIF	D	-0.0%
CARM	C	-0.0%
USEG	B	-0.0%
CIZN	C	-0.0%
AMS	B	-0.0%
TCI	F	-0.0%
CIX	C	-0.0%
MTEX	A	-0.0%
KOSS	D	-0.0%
PRTS	D	-0.0%
PED	D	-0.0%
ULBI	D	-0.0%
VABK	C	-0.0%
RRBI	A	-0.0%
CFBK	A	-0.0%