SMLF vs. EUSA ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to iShares MSCI USA Index Fund (EUSA)

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

$61.32

Average Daily Volume

66,095

Number of Holdings ^*

817

* may have additional holdings in another (foreign) market

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$87.45

Average Daily Volume

29,648

Number of Holdings ^*

609

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	EUSA
30 Days	-1.68%	-2.55%
60 Days	-0.48%	-0.64%
90 Days	5.28%	3.49%
12 Months	27.64%	21.69%

46 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in EUSA	Overlap
ACI	D	0.17%	0.15%	0.15%
ACM	A	0.19%	0.17%	0.17%
AIZ	C	0.16%	0.16%	0.16%
ALLE	D	0.16%	0.16%	0.16%
AMH	D	0.27%	0.17%	0.17%
APA	F	0.35%	0.16%	0.16%
APP	B	0.4%	0.19%	0.19%
AXON	A	0.34%	0.18%	0.18%
AZPN	C	0.21%	0.18%	0.18%
BBWI	C	0.34%	0.16%	0.16%
BILL	F	0.1%	0.16%	0.1%
BSY	B	0.18%	0.17%	0.17%
CELH	D	0.14%	0.18%	0.14%
CFLT	D	0.06%	0.14%	0.06%
CHK	B	0.31%	0.18%	0.18%
CSL	A	0.41%	0.18%	0.18%
DAR	F	0.04%	0.16%	0.04%
DECK	D	0.67%	0.16%	0.16%
DINO	F	0.01%	0.15%	0.01%
DKS	B	0.54%	0.2%	0.2%
ENTG	D	0.34%	0.15%	0.15%
FCNCA	B	0.25%	0.17%	0.17%
GGG	D	0.32%	0.16%	0.16%
GLPI	F	0.18%	0.16%	0.16%
HAS	B	0.1%	0.19%	0.1%
IOT	B	0.34%	0.16%	0.16%
JBL	F	0.58%	0.14%	0.14%
KIM	C	0.14%	0.15%	0.14%
KNX	F	0.04%	0.14%	0.04%
LSCC	D	0.36%	0.15%	0.15%
MANH	F	0.43%	0.15%	0.15%
NDSN	C	0.23%	0.16%	0.16%
OC	A	0.18%	0.2%	0.18%
OVV	B	0.33%	0.19%	0.19%
PARA	C	0.01%	0.17%	0.01%
PCTY	D	0.13%	0.15%	0.13%
RGEN	D	0.12%	0.13%	0.12%
RHI	F	0.18%	0.14%	0.14%
RPM	D	0.2%	0.16%	0.16%
RS	D	0.52%	0.16%	0.16%
TOST	D	0.09%	0.18%	0.09%
TRGP	B	0.42%	0.19%	0.19%
TTC	D	0.32%	0.15%	0.15%
UTHR	A	0.27%	0.18%	0.18%
WSM	A	0.64%	0.21%	0.21%
WSO	A	0.3%	0.18%	0.18%

SMLF Overweight 771 Positions Relative to EUSA

Symbol	Grade	Weight
EME	A	0.82%
WFRD	B	0.6%
EVR	B	0.58%
FR	D	0.57%
BPOP	A	0.57%
NVT	A	0.56%
NTNX	C	0.56%
ATKR	B	0.53%
MEDP	D	0.52%
WING	A	0.51%
IDA	B	0.48%
JEF	B	0.45%
CNM	A	0.44%
COOP	A	0.42%
ALSN	D	0.41%
AM	A	0.4%
ITT	D	0.39%
ORI	A	0.38%
HRB	D	0.37%
LPX	D	0.37%
FIX	C	0.36%
CHE	F	0.36%
SIG	C	0.35%
LAMR	B	0.35%
MLI	B	0.35%
INSP	B	0.35%
CROX	D	0.34%
WK	D	0.34%
IBKR	A	0.34%
DDS	B	0.34%
SFM	A	0.34%
TREX	D	0.34%
PSTG	C	0.34%
EWBC	A	0.33%
VNO	D	0.33%
NTRA	A	0.33%
BRX	C	0.33%
WIRE	A	0.33%
PIPR	A	0.32%
ESTC	C	0.32%
TTEK	A	0.32%
COCO	B	0.31%
VGR	F	0.31%
ANF	C	0.31%
DUOL	A	0.3%
MUR	C	0.3%
ELF	D	0.3%
AYI	C	0.29%
AGCO	F	0.29%
SPT	F	0.29%
AR	A	0.28%
RMBS	F	0.28%
BLD	D	0.28%
GPK	C	0.28%
IMKTA	F	0.28%
RNR	D	0.28%
AN	B	0.27%
CR	A	0.27%
RRX	D	0.27%
FLEX	D	0.27%
GES	B	0.27%
SPXC	A	0.26%
AGO	D	0.26%
TKR	B	0.26%
XP	D	0.26%
MAC	D	0.26%
SRPT	B	0.26%
TPX	D	0.25%
JOE	B	0.25%
M	C	0.25%
XNCR	C	0.25%
ETRN	A	0.25%
THC	A	0.25%
GPI	A	0.24%
CFR	C	0.24%
TPR	D	0.24%
HSII	D	0.24%
R	A	0.24%
RRC	B	0.24%
JHG	B	0.24%
JBSS	F	0.24%
ARW	B	0.23%
UFPI	C	0.23%
TEX	D	0.23%
HAE	A	0.23%
PRI	D	0.23%
BRKR	F	0.23%
SATS	B	0.23%
MSTR	D	0.23%
SWAV	A	0.23%
BCC	D	0.23%
BJ	C	0.22%
LBTYA	D	0.22%
AMR	D	0.22%
NAVI	D	0.22%
AMG	C	0.22%
SLM	A	0.22%
CAVA	A	0.22%
MOD	B	0.22%
ASO	D	0.21%
PI	A	0.21%
TPG	C	0.21%
ALKS	F	0.21%
EXPO	B	0.21%
CBSH	A	0.21%
XRAY	F	0.21%
SKT	D	0.2%
SANM	B	0.2%
WCC	C	0.2%
HALO	D	0.2%
KFRC	D	0.2%
SN	A	0.2%
ONTO	A	0.2%
DCI	B	0.2%
SMG	C	0.2%
SMAR	D	0.2%
OMF	A	0.2%
PVH	D	0.2%
DTM	B	0.2%
CMA	B	0.19%
EXEL	D	0.19%
LNW	D	0.19%
CPRX	D	0.19%
PRGS	F	0.19%
VSTO	A	0.19%
SCI	D	0.19%
ZION	A	0.19%
KBR	A	0.18%
AVNT	A	0.18%
NOV	D	0.18%
IONS	F	0.18%
AGNC	B	0.18%
GH	D	0.18%
FROG	D	0.18%
NSP	D	0.18%
HLI	A	0.18%
IRWD	F	0.18%
HOG	D	0.18%
ACLS	D	0.18%
CW	A	0.18%
GTLB	F	0.18%
FHB	A	0.18%
SAIA	F	0.17%
TNET	F	0.17%
PTEN	F	0.17%
LNTH	B	0.17%
AXNX	C	0.17%
ATI	B	0.17%
MATX	B	0.17%
QLYS	D	0.17%
AXSM	C	0.17%
WTM	A	0.17%
AA	A	0.17%
SSTK	F	0.17%
AX	A	0.17%
HIW	A	0.17%
ESAB	B	0.17%
EXLS	D	0.17%
EDR	A	0.17%
PRKS	D	0.17%
RNG	D	0.17%
BL	D	0.17%
COKE	B	0.17%
KNSL	F	0.16%
USFD	C	0.16%
CYTK	D	0.16%
SSD	D	0.16%
VOYA	C	0.16%
KRG	C	0.16%
LIVN	A	0.16%
TDOC	F	0.16%
FAF	F	0.16%
KAI	D	0.15%
WMS	C	0.15%
AY	B	0.15%
CMC	C	0.15%
MATV	A	0.15%
TPH	A	0.15%
RIG	F	0.15%
GEO	B	0.15%
ESI	C	0.15%
NOVT	D	0.15%
IGT	F	0.15%
TNL	D	0.15%
HI	F	0.15%
IVT	B	0.15%
DNOW	D	0.15%
SPB	C	0.15%
CORT	D	0.15%
BRC	B	0.15%
WEN	B	0.15%
VIR	C	0.15%
SQSP	B	0.14%
GATX	C	0.14%
BLKB	B	0.14%
SRCE	B	0.14%
OLN	D	0.14%
GOLF	D	0.14%
PGRE	B	0.14%
GPS	D	0.14%
PRG	B	0.14%
SYNA	D	0.14%
HURN	F	0.14%
SKY	D	0.14%
CC	C	0.14%
EXTR	F	0.14%
SF	A	0.14%
MTRN	F	0.14%
CGEM	A	0.14%
PDM	B	0.14%
ABG	F	0.14%
HUN	D	0.14%
CHX	D	0.14%
VSH	C	0.14%
XPO	D	0.14%
CVCO	C	0.14%
BAND	B	0.13%
CNO	A	0.13%
DNLI	F	0.13%
MODN	B	0.13%
WEX	D	0.13%
CVNA	A	0.13%
SR	B	0.13%
XRX	F	0.13%
INTA	F	0.13%
NXT	D	0.13%
HP	F	0.13%
WOR	D	0.13%
FIVN	F	0.13%
OGS	B	0.13%
UPBD	F	0.13%
MAT	F	0.13%
WAL	C	0.13%
NFG	A	0.13%
ENSG	D	0.13%
IPAR	F	0.13%
BDN	B	0.13%
DFIN	A	0.13%
THO	F	0.13%
RGLD	B	0.13%
X	F	0.12%
AWR	C	0.12%
HTH	C	0.12%
KSS	F	0.12%
OGE	A	0.12%
OPCH	F	0.12%
UA	D	0.12%
CMPR	D	0.12%
CBT	A	0.12%
KLIC	D	0.12%
MMYT	B	0.12%
ALIT	C	0.12%
SON	D	0.12%
KRC	D	0.12%
LRN	A	0.12%
JACK	F	0.12%
GNRC	B	0.12%
RYAN	D	0.12%
SPSC	C	0.12%
PR	B	0.12%
WSC	F	0.11%
VMI	B	0.11%
OII	B	0.11%
BC	F	0.11%
ODP	C	0.11%
ICFI	C	0.11%
ATEN	A	0.11%
LSTR	D	0.11%
BLMN	F	0.11%
WAFD	B	0.11%
WTS	C	0.11%
APG	D	0.11%
WH	D	0.11%
CUBE	D	0.11%
CXT	B	0.11%
AEL	A	0.11%
MCB	B	0.11%
BKE	D	0.11%
CACC	D	0.11%
NNN	A	0.11%
NYT	B	0.11%
CAL	D	0.11%
BMI	A	0.11%
AROC	B	0.11%
VRNS	D	0.11%
HOV	B	0.11%
ALX	C	0.11%
GME	C	0.11%
BWXT	D	0.11%
LILA	B	0.11%
BANF	B	0.11%
VCYT	D	0.1%
EGP	F	0.1%
SFL	A	0.1%
MKSI	D	0.1%
ACAD	F	0.1%
W	C	0.1%
AIT	C	0.1%
ANAB	B	0.1%
APLS	F	0.1%
SFBS	C	0.1%
SBGI	C	0.1%
IBOC	A	0.1%
BPMC	A	0.1%
FHI	F	0.1%
APOG	A	0.1%
VKTX	C	0.1%
MIDD	D	0.1%
COTY	D	0.1%
MRC	D	0.1%
EEFT	C	0.1%
GFF	C	0.1%
ARCB	F	0.1%
BRZE	D	0.1%
UMBF	B	0.1%
CHDN	B	0.1%
BERY	D	0.1%
ASH	A	0.1%
CRC	F	0.1%
WNC	F	0.1%
FYBR	C	0.1%
CRUS	C	0.1%
MFA	B	0.1%
AGM	A	0.1%
PII	F	0.1%
VC	D	0.1%
IDT	A	0.1%
CARS	D	0.09%
YETI	F	0.09%
GMS	C	0.09%
OZK	B	0.09%
LAZ	C	0.09%
ASB	A	0.09%
NJR	B	0.09%
VSTS	F	0.09%
TGNA	D	0.09%
KW	C	0.09%
MTG	C	0.09%
PBH	D	0.09%
SNEX	A	0.09%
ACLX	D	0.09%
MDGL	D	0.09%
IVZ	D	0.09%
SANA	C	0.09%
IRTC	C	0.09%
CUBI	D	0.09%
SM	B	0.09%
YOU	F	0.09%
OXM	A	0.09%
SITC	C	0.09%
CXW	C	0.09%
LUMN	F	0.09%
VECO	B	0.09%
LYFT	D	0.09%
TENB	F	0.09%
MERC	A	0.09%
LOVE	B	0.09%
PD	F	0.09%
AMN	D	0.09%
ACHC	F	0.09%
NAPA	F	0.08%
BEAM	F	0.08%
AEO	C	0.08%
SLVM	A	0.08%
ASGN	D	0.08%
OSCR	A	0.08%
MASI	C	0.08%
DLX	A	0.08%
NBR	F	0.08%
OTTR	B	0.08%
MTSI	A	0.08%
KN	B	0.08%
PLUS	C	0.08%
ALV	A	0.08%
FLO	B	0.08%
VAC	C	0.08%
DOMO	F	0.08%
ACA	B	0.08%
OHI	A	0.08%
HOUS	F	0.08%
SNDR	D	0.08%
KOS	D	0.08%
EXPI	D	0.08%
DOCS	F	0.08%
HEES	F	0.08%
BASE	D	0.08%
OMI	F	0.08%
NSIT	A	0.08%
HIBB	A	0.08%
INVA	B	0.08%
NXST	C	0.08%
MGRC	D	0.08%
UVE	B	0.07%
BCO	A	0.07%
STWD	C	0.07%
PLNT	F	0.07%
BDC	C	0.07%
LECO	D	0.07%
PCVX	D	0.07%
MMSI	B	0.07%
PK	D	0.07%
HELE	D	0.07%
AIV	B	0.07%
GCO	F	0.07%
TXRH	A	0.07%
SONO	D	0.07%
ONON	C	0.07%
HCC	B	0.07%
HWC	A	0.07%
LPG	B	0.07%
HASI	C	0.07%
PNFP	C	0.07%
PZZA	F	0.07%
TOL	C	0.07%
CENTA	C	0.07%
RYN	F	0.07%
AVDX	D	0.07%
FLR	C	0.07%
CUZ	A	0.07%
UVV	B	0.07%
EQC	D	0.07%
BOX	F	0.07%
LXP	D	0.07%
YELP	C	0.07%
AZEK	C	0.07%
JXN	A	0.07%
NRC	D	0.07%
CNMD	F	0.07%
CAR	D	0.07%
SAFE	D	0.07%
MPW	C	0.07%
TLRY	C	0.07%
TDC	F	0.07%
CEIX	F	0.07%
BCRX	F	0.07%
NTB	A	0.07%
YEXT	F	0.07%
POR	B	0.07%
WLY	B	0.06%
LGND	D	0.06%
NYCB	D	0.06%
PNM	C	0.06%
HLF	C	0.06%
STNE	C	0.06%
HE	F	0.06%
DOCN	D	0.06%
LFUS	C	0.06%
IDCC	C	0.06%
ESTA	B	0.06%
DIN	F	0.06%
CSWI	A	0.06%
CLH	A	0.06%
CALX	F	0.06%
VERA	C	0.06%
ADEA	F	0.06%
SVC	F	0.06%
ARRY	D	0.06%
THG	A	0.06%
SIX	D	0.06%
ALGM	C	0.06%
DVAX	D	0.06%
GTLS	C	0.06%
PEGA	D	0.06%
STAA	B	0.06%
MDU	A	0.06%
NVST	F	0.06%
ZIP	F	0.06%
AGS	D	0.06%
HIMS	D	0.06%
SITE	F	0.06%
WGO	F	0.06%
STRL	D	0.06%
AMPH	F	0.06%
PFBC	A	0.06%
VNT	D	0.06%
UGI	C	0.06%
ASAN	F	0.06%
NARI	F	0.06%
LADR	A	0.06%
TKO	B	0.06%
THR	A	0.06%
AAN	F	0.06%
ILPT	C	0.06%
PEN	F	0.06%
AMPL	D	0.05%
EVRI	F	0.05%
DYN	D	0.05%
FCN	B	0.05%
TRN	A	0.05%
EHC	A	0.05%
COUR	F	0.05%
ACCO	F	0.05%
UNIT	F	0.05%
CTBI	A	0.05%
FBP	A	0.05%
ACCD	F	0.05%
WD	C	0.05%
RUSHA	D	0.05%
MODG	B	0.05%
GIII	D	0.05%
SNBR	F	0.05%
PCH	D	0.05%
SCS	D	0.05%
BECN	B	0.05%
RCUS	F	0.05%
CARG	C	0.05%
BRBR	C	0.05%
MMS	C	0.05%
IOSP	C	0.05%
MAN	B	0.05%
BKD	A	0.05%
KD	D	0.05%
CNDT	C	0.05%
FOLD	F	0.05%
MCY	A	0.05%
WTTR	B	0.05%
CERS	F	0.05%
RGNX	F	0.05%
CVLT	A	0.05%
ADT	C	0.05%
JOBY	D	0.05%
SOFI	F	0.04%
INSW	A	0.04%
ARCH	D	0.04%
NX	D	0.04%
SYM	D	0.04%
UNM	A	0.04%
IRDM	C	0.04%
FLNC	B	0.04%
BRY	B	0.04%
KREF	F	0.04%
HMST	D	0.04%
BRSP	F	0.04%
NUS	F	0.04%
AMCX	D	0.04%
FHN	A	0.04%
CLVT	F	0.04%
PFSI	A	0.04%
PDCO	F	0.04%
OUT	D	0.04%
OLED	C	0.04%
FFIN	C	0.04%
LITE	D	0.04%
OPI	C	0.04%
HPP	F	0.04%
IVR	C	0.04%
CVBF	D	0.04%
HWKN	A	0.04%
LZ	D	0.04%
CNX	B	0.04%
MED	F	0.04%
SAH	B	0.04%
STAG	D	0.04%
BCPC	C	0.04%
NHI	A	0.04%
SLAB	D	0.04%
FNA	D	0.04%
RPD	F	0.04%
ALG	D	0.04%
FLYW	F	0.04%
ENS	D	0.04%
CHRD	B	0.04%
UDMY	F	0.04%
ARWR	F	0.04%
EVH	F	0.04%
WBS	D	0.04%
AGX	B	0.04%
PBF	C	0.04%
QDEL	F	0.04%
ITGR	D	0.04%
CVI	F	0.04%
FIVE	F	0.04%
VFC	F	0.03%
SLG	B	0.03%
EMBC	F	0.03%
PRGO	B	0.03%
ATHA	F	0.03%
NTCT	F	0.03%
GNW	C	0.03%
RDFN	D	0.03%
SUPN	D	0.03%
TDS	D	0.03%
DBI	D	0.03%
EPAC	A	0.03%
CNS	D	0.03%
TMHC	C	0.03%
XPRO	B	0.03%
MTW	F	0.03%
NEXA	B	0.03%
TSE	F	0.03%
PRO	F	0.03%
HNI	B	0.03%
FL	F	0.03%
OFIX	F	0.03%
MBLY	C	0.03%
PGEN	D	0.03%
VCEL	C	0.03%
RLJ	D	0.03%
CDP	A	0.03%
TWO	A	0.03%
CRSP	F	0.03%
GPRO	F	0.03%
BMBL	F	0.03%
NATL	B	0.03%
ANGI	C	0.03%
FFWM	F	0.03%
KLG	B	0.03%
LANC	D	0.03%
VNDA	B	0.03%
USNA	D	0.03%
RH	D	0.03%
RVMD	A	0.03%
AVAV	B	0.03%
DBRG	F	0.03%
XHR	B	0.03%
RLI	D	0.03%
TTGT	D	0.03%
AVXL	F	0.03%
AGYS	C	0.03%
MDXG	D	0.03%
DAN	C	0.03%
SNDX	D	0.03%
ALRM	D	0.03%
TILE	C	0.03%
SNV	C	0.03%
EVTC	F	0.03%
RKT	C	0.03%
CFFN	D	0.03%
PLCE	F	0.02%
ETNB	F	0.02%
OPEN	F	0.02%
MITK	C	0.02%
DAWN	A	0.02%
PYCR	F	0.02%
OSIS	C	0.02%
BBIO	F	0.02%
STRO	F	0.02%
BOH	D	0.02%
ITCI	C	0.02%
CTRN	D	0.02%
HXL	D	0.02%
TBBK	F	0.02%
BOKF	A	0.02%
SHO	D	0.02%
KFY	D	0.02%
PTCT	B	0.02%
LTH	F	0.02%
INSM	D	0.02%
CPRI	F	0.02%
AKRO	F	0.02%
NTLA	F	0.02%
WTFC	A	0.02%
KALU	A	0.02%
OFG	A	0.02%
SP	B	0.02%
GMED	D	0.02%
CASY	B	0.02%
RL	D	0.02%
SPRY	C	0.02%
WS	C	0.02%
PRDO	A	0.02%
MSM	F	0.02%
DH	F	0.02%
SCHL	D	0.02%
MGNI	D	0.02%
SWTX	D	0.02%
DY	A	0.02%
CASH	B	0.02%
DEI	B	0.02%
SAM	F	0.02%
MSEX	D	0.02%
ALHC	B	0.02%
OI	F	0.02%
TROX	A	0.02%
TVTX	F	0.02%
AMSF	F	0.02%
VIRT	A	0.02%
EPR	D	0.02%
DOOR	A	0.02%
CIEN	D	0.02%
FSS	C	0.02%
TPB	A	0.02%
AMBC	D	0.02%
AXTA	A	0.02%
ATRC	F	0.02%
ATRI	B	0.02%
MSA	D	0.02%
PRTA	F	0.02%
RAMP	D	0.02%
VIAV	F	0.02%
TNC	D	0.02%
DNB	D	0.02%
TCBI	B	0.02%
GDOT	C	0.02%
NBTB	B	0.01%
ALLO	F	0.01%
WOOF	F	0.01%
HMN	A	0.01%
EGRX	F	0.01%
NVRO	F	0.01%
ADPT	F	0.01%
UNFI	F	0.01%
NFBK	D	0.01%
TGTX	C	0.01%
OIS	F	0.01%
BIGC	F	0.01%
HZO	F	0.01%
NUVL	D	0.01%
HTZ	F	0.01%
HCAT	F	0.01%
CHWY	F	0.01%
SSP	C	0.01%
MATW	D	0.01%
CAKE	D	0.01%
SWI	B	0.01%
POWI	D	0.01%
ARR	C	0.01%
MBC	D	0.01%
VRE	C	0.01%
PEB	F	0.01%
UTL	B	0.01%
AXS	B	0.01%
RDN	C	0.01%
BKU	B	0.01%
NWN	B	0.01%
KNF	B	0.01%
HQY	D	0.01%
BKH	B	0.01%
GO	F	0.01%
FULT	A	0.01%
BSIG	C	0.01%
AGEN	D	0.01%
BYD	F	0.01%
RXT	C	0.01%
STGW	B	0.01%
TR	F	0.01%
AIN	F	0.01%
EPC	B	0.01%
JAMF	B	0.01%
NGVT	B	0.01%
UPWK	D	0.01%
ROIV	B	0.01%
VAL	D	0.01%
ENR	C	0.01%
QRTEA	D	0.01%
FLWS	D	0.01%
WTI	F	0.01%
SSB	D	0.01%
ENVA	B	0.01%
SWIM	F	0.01%
GEF	D	0.01%
HYFM	D	0.01%
SWX	A	0.01%
NMRA	F	0.01%
OMER	C	0.01%
TRMK	A	0.01%
HAIN	F	0.01%
CACI	A	0.01%
RHP	D	0.01%
ERAS	D	0.01%
AEIS	D	0.01%
KRNY	F	0.01%
EIG	D	0.01%
VMEO	D	0.0%
PAYO	C	0.0%
FBNC	F	0.0%
CHCO	B	0.0%
BFH	A	0.0%
SEE	C	0.0%
EGBN	F	0.0%
MC	D	0.0%

SMLF Underweight 563 Positions Relative to EUSA

Symbol	Grade	Weight
VST	A	-0.25%
MU	B	-0.23%
DELL	B	-0.23%
CEG	A	-0.23%
NRG	A	-0.22%
WDC	B	-0.21%
COIN	D	-0.21%
VLO	C	-0.2%
HRL	B	-0.2%
DVN	B	-0.2%
MPC	D	-0.2%
MRNA	B	-0.2%
FCX	A	-0.2%
DAL	A	-0.2%
HOOD	C	-0.2%
VRT	A	-0.2%
BKR	D	-0.19%
JCI	C	-0.19%
GPC	B	-0.19%
CFG	A	-0.19%
DXCM	D	-0.19%
FSLR	B	-0.19%
CTRA	A	-0.19%
TSN	A	-0.19%
MET	D	-0.19%
FDX	C	-0.19%
EMN	A	-0.19%
PYPL	B	-0.19%
FANG	B	-0.19%
ADM	D	-0.19%
KMB	A	-0.19%
AFL	B	-0.19%
NEE	B	-0.19%
XOM	B	-0.19%
CAG	B	-0.19%
C	A	-0.19%
TPL	B	-0.19%
NTAP	C	-0.19%
SCHW	A	-0.19%
COP	C	-0.19%
GM	B	-0.19%
DFS	B	-0.19%
GRMN	A	-0.19%
HIG	D	-0.19%
KR	C	-0.19%
EBAY	C	-0.19%
RCL	A	-0.19%
WFC	B	-0.19%
EOG	B	-0.19%
CPAY	B	-0.19%
PXD	B	-0.19%
MRO	C	-0.19%
PWR	A	-0.19%
SQ	D	-0.19%
BG	C	-0.19%
DOC	A	-0.18%
OMC	B	-0.18%
JPM	B	-0.18%
DD	A	-0.18%
AVTR	C	-0.18%
HBAN	A	-0.18%
WRK	A	-0.18%
EXC	C	-0.18%
MSI	A	-0.18%
APH	A	-0.18%
TT	A	-0.18%
MS	A	-0.18%
LMT	B	-0.18%
TSCO	A	-0.18%
AZO	D	-0.18%
COF	B	-0.18%
STLD	D	-0.18%
GD	A	-0.18%
CPB	B	-0.18%
BWA	B	-0.18%
TDG	A	-0.18%
L	A	-0.18%
CHD	B	-0.18%
CCK	C	-0.18%
ALL	B	-0.18%
CMI	C	-0.18%
CINF	D	-0.18%
SYF	A	-0.18%
DGX	A	-0.18%
NI	A	-0.18%
NDAQ	B	-0.18%
DVA	B	-0.18%
EQT	B	-0.18%
GIS	B	-0.18%
HAL	F	-0.18%
GE	A	-0.18%
ACGL	A	-0.18%
DE	B	-0.18%
SO	A	-0.18%
PM	A	-0.18%
AOS	D	-0.18%
KHC	B	-0.18%
KMI	A	-0.18%
FITB	A	-0.18%
D	A	-0.18%
MLM	D	-0.18%
PEG	A	-0.18%
FI	D	-0.18%
OXY	C	-0.18%
HUBB	D	-0.18%
PSX	D	-0.18%
CPRT	C	-0.18%
ALLY	A	-0.18%
WAB	A	-0.18%
TGT	D	-0.18%
TXT	D	-0.18%
RTX	B	-0.18%
OKE	C	-0.18%
DASH	D	-0.18%
FMC	D	-0.18%
CMG	A	-0.18%
AXP	B	-0.18%
GS	A	-0.18%
NEM	B	-0.18%
ETN	A	-0.18%
GDDY	A	-0.18%
H	C	-0.18%
DOCU	B	-0.18%
CAT	D	-0.18%
BAC	B	-0.18%
MKC	B	-0.18%
FIS	C	-0.18%
PHM	A	-0.18%
HPE	D	-0.18%
NVDA	C	-0.18%
PGR	B	-0.18%
WMB	B	-0.18%
DPZ	B	-0.18%
IRM	D	-0.18%
UHS	C	-0.17%
JKHY	D	-0.17%
O	B	-0.17%
RMD	B	-0.17%
MMC	D	-0.17%
DLR	B	-0.17%
SNA	D	-0.17%
URI	D	-0.17%
LIN	D	-0.17%
MMM	A	-0.17%
GWW	D	-0.17%
ARES	C	-0.17%
AES	B	-0.17%
MKL	A	-0.17%
SNAP	B	-0.17%
KDP	A	-0.17%
PKG	C	-0.17%
CB	C	-0.17%
BBY	D	-0.17%
ATO	A	-0.17%
PFG	C	-0.17%
CARR	A	-0.17%
FE	A	-0.17%
MCO	C	-0.17%
BLDR	C	-0.17%
APD	C	-0.17%
TROW	D	-0.17%
SWK	F	-0.17%
CPT	A	-0.17%
AMP	B	-0.17%
A	C	-0.17%
TWLO	C	-0.17%
STT	C	-0.17%
EMR	D	-0.17%
SLB	F	-0.17%
ODFL	F	-0.17%
KKR	D	-0.17%
KO	A	-0.17%
UDR	B	-0.17%
LOW	D	-0.17%
PEP	B	-0.17%
ESS	A	-0.17%
TXN	A	-0.17%
BMRN	F	-0.17%
HCA	D	-0.17%
LEN	C	-0.17%
LPLA	A	-0.17%
WM	C	-0.17%
LNT	B	-0.17%
AME	D	-0.17%
CMS	A	-0.17%
ROL	B	-0.17%
PPL	A	-0.17%
PCG	A	-0.17%
HWM	A	-0.17%
CSGP	C	-0.17%
V	D	-0.17%
MTD	D	-0.17%
CI	C	-0.17%
ORCL	D	-0.17%
ORLY	D	-0.17%
COR	D	-0.17%
EXAS	F	-0.17%
CVX	B	-0.17%
AEP	A	-0.17%
WMT	C	-0.17%
LDOS	A	-0.17%
HOLX	B	-0.17%
DOW	C	-0.17%
YUM	C	-0.17%
CG	D	-0.17%
CE	C	-0.17%
NVR	D	-0.17%
K	B	-0.17%
CNP	A	-0.17%
LYB	D	-0.17%
ELV	B	-0.17%
TAP	F	-0.17%
TMO	C	-0.17%
WLK	B	-0.17%
INVH	B	-0.17%
EQR	A	-0.17%
HES	B	-0.17%
MCK	C	-0.17%
EQH	A	-0.17%
EVRG	B	-0.17%
IFF	B	-0.17%
XYL	A	-0.17%
MCHP	A	-0.17%
WEC	B	-0.17%
DHI	D	-0.17%
META	D	-0.17%
NTRS	C	-0.17%
KEY	C	-0.17%
PNR	C	-0.17%
ABNB	D	-0.17%
NOC	B	-0.17%
QCOM	A	-0.17%
CL	A	-0.17%
BSX	A	-0.17%
AMZN	A	-0.17%
BALL	A	-0.17%
RF	B	-0.17%
BK	A	-0.17%
AVB	A	-0.17%
OKTA	D	-0.17%
F	C	-0.17%
BRK.A	D	-0.17%
NBIX	A	-0.17%
RSG	C	-0.17%
APO	D	-0.17%
PNC	A	-0.17%
AEE	C	-0.17%
FERG	B	-0.17%
PH	C	-0.17%
MTB	A	-0.17%
AFG	D	-0.17%
ED	A	-0.17%
HUBS	D	-0.17%
LII	D	-0.17%
AIG	A	-0.17%
OTIS	D	-0.17%
DOV	A	-0.17%
PRU	C	-0.17%
VLTO	A	-0.17%
RJF	A	-0.17%
ERIE	C	-0.17%
STZ	D	-0.17%
DUK	A	-0.17%
WST	F	-0.17%
ETR	A	-0.17%
EIX	A	-0.17%
TFC	A	-0.17%
PCAR	D	-0.17%
CTAS	A	-0.17%
MO	A	-0.17%
IPG	F	-0.16%
JNJ	F	-0.16%
HSIC	F	-0.16%
QRVO	F	-0.16%
REGN	B	-0.16%
CRM	D	-0.16%
CNHI	F	-0.16%
SWKS	F	-0.16%
LLY	D	-0.16%
SYK	D	-0.16%
ABBV	D	-0.16%
LRCX	D	-0.16%
TEAM	F	-0.16%
ANET	D	-0.16%
ICE	D	-0.16%
LH	F	-0.16%
BLK	D	-0.16%
VRTX	D	-0.16%
CTLT	C	-0.16%
TJX	C	-0.16%
AWK	B	-0.16%
IP	D	-0.16%
MRVL	D	-0.16%
SSNC	C	-0.16%
UNP	C	-0.16%
LYV	D	-0.16%
WY	D	-0.16%
AMAT	C	-0.16%
CLX	F	-0.16%
POOL	F	-0.16%
MDT	C	-0.16%
INTU	C	-0.16%
WAT	D	-0.16%
MNST	D	-0.16%
NSC	D	-0.16%
AMGN	A	-0.16%
WRB	D	-0.16%
SPG	D	-0.16%
NOW	D	-0.16%
NXPI	A	-0.16%
HII	D	-0.16%
DRI	F	-0.16%
ADP	D	-0.16%
SYY	D	-0.16%
CHRW	C	-0.16%
CDNS	D	-0.16%
KMX	F	-0.16%
BX	D	-0.16%
GEN	F	-0.16%
TER	A	-0.16%
BDX	F	-0.16%
CNC	C	-0.16%
SPGI	C	-0.16%
JNPR	D	-0.16%
ZBH	D	-0.16%
HPQ	D	-0.16%
DDOG	C	-0.16%
SHW	D	-0.16%
CRL	D	-0.16%
J	B	-0.16%
UHAL	C	-0.16%
ITW	F	-0.16%
PAYX	D	-0.16%
VZ	D	-0.16%
LHX	A	-0.16%
HSY	C	-0.16%
MAA	B	-0.16%
VICI	D	-0.16%
IBM	D	-0.16%
CMCSA	F	-0.16%
FFIV	F	-0.16%
HST	D	-0.16%
WPC	C	-0.16%
PAYC	F	-0.16%
T	C	-0.16%
ROK	F	-0.16%
KLAC	B	-0.16%
BMY	F	-0.16%
ZM	F	-0.16%
LEA	F	-0.16%
WCN	D	-0.16%
COO	D	-0.16%
ANSS	D	-0.16%
LNG	D	-0.16%
TRMB	D	-0.16%
GLW	B	-0.16%
MDLZ	D	-0.16%
NFLX	D	-0.16%
HON	C	-0.16%
MA	D	-0.16%
ROP	F	-0.16%
STX	D	-0.16%
ALNY	D	-0.16%
BAX	F	-0.16%
CAH	F	-0.16%
CDW	F	-0.16%
CSCO	F	-0.16%
BR	C	-0.16%
USB	C	-0.16%
MOS	F	-0.16%
COST	C	-0.16%
WTRG	B	-0.16%
VTR	B	-0.16%
REG	F	-0.16%
MRK	B	-0.16%
ISRG	C	-0.16%
WELL	A	-0.16%
GPN	F	-0.16%
AMCR	A	-0.16%
MAR	D	-0.16%
EXPE	F	-0.16%
HLT	D	-0.16%
IQV	D	-0.16%
AON	F	-0.16%
MAS	D	-0.16%
TEL	C	-0.16%
ZBRA	A	-0.16%
ADI	A	-0.16%
UPS	F	-0.16%
CCL	F	-0.16%
AVY	A	-0.16%
ARE	D	-0.16%
TW	B	-0.16%
FWONK	B	-0.16%
GEHC	D	-0.16%
CTVA	A	-0.16%
SEIC	C	-0.16%
AJG	C	-0.16%
MSFT	C	-0.16%
BAH	B	-0.16%
MGM	F	-0.16%
DG	D	-0.16%
IT	D	-0.16%
RVTY	F	-0.16%
VMC	C	-0.16%
ALGN	F	-0.16%
DHR	C	-0.16%
EG	D	-0.16%
TRV	C	-0.16%
PG	A	-0.16%
AVGO	D	-0.16%
EL	F	-0.16%
BRO	C	-0.16%
NLY	A	-0.16%
IEX	D	-0.16%
SRE	B	-0.16%
DTE	A	-0.16%
CF	F	-0.16%
TMUS	A	-0.16%
KVUE	D	-0.16%
DIS	C	-0.16%
ES	B	-0.16%
EW	D	-0.16%
IR	D	-0.16%
ECL	A	-0.16%
CME	D	-0.16%
PTC	D	-0.16%
UBER	D	-0.15%
DT	F	-0.15%
MTN	F	-0.15%
VRSK	C	-0.15%
CHTR	F	-0.15%
NKE	F	-0.15%
FDS	D	-0.15%
TTD	B	-0.15%
MOH	F	-0.15%
EXPD	D	-0.15%
LBTYK	D	-0.15%
VEEV	D	-0.15%
CRWD	D	-0.15%
AAPL	C	-0.15%
PPG	D	-0.15%
CZR	F	-0.15%
SUI	F	-0.15%
BURL	D	-0.15%
TRU	C	-0.15%
TTWO	D	-0.15%
DKNG	D	-0.15%
ELS	D	-0.15%
ROST	D	-0.15%
AMT	D	-0.15%
ALB	D	-0.15%
PSA	D	-0.15%
XEL	C	-0.15%
WTW	D	-0.15%
UNH	C	-0.15%
RPRX	D	-0.15%
AKAM	F	-0.15%
SBUX	F	-0.15%
FICO	D	-0.15%
PINS	A	-0.15%
WYNN	D	-0.15%
CBRE	D	-0.15%
MKTX	F	-0.15%
GILD	F	-0.15%
DBX	F	-0.15%
BXP	F	-0.15%
CLF	F	-0.15%
HD	D	-0.15%
EXR	C	-0.15%
NWSA	D	-0.15%
NUE	D	-0.15%
TDY	D	-0.15%
VRSN	F	-0.15%
KEYS	D	-0.15%
CSX	D	-0.15%
FTNT	F	-0.15%
BEN	F	-0.15%
FBIN	D	-0.15%
ABT	D	-0.15%
MCD	F	-0.15%
TYL	A	-0.15%
SMCI	D	-0.15%
SJM	F	-0.15%
SBAC	F	-0.15%
PFE	D	-0.15%
FTV	F	-0.15%
BKNG	C	-0.15%
SNPS	D	-0.15%
FAST	D	-0.15%
LKQ	D	-0.14%
LVS	D	-0.14%
MPWR	C	-0.14%
ADSK	D	-0.14%
BIO	D	-0.14%
MTCH	D	-0.14%
LSXMK	D	-0.14%
TFX	F	-0.14%
RBLX	C	-0.14%
WDAY	D	-0.14%
DLTR	D	-0.14%
ACN	F	-0.14%
ROKU	F	-0.14%
WBD	F	-0.14%
ENPH	F	-0.14%
JAZZ	D	-0.14%
ADBE	D	-0.14%
ILMN	F	-0.14%
EFX	D	-0.14%
LUV	F	-0.14%
PODD	D	-0.14%
CTSH	F	-0.14%
AMD	D	-0.14%
CCI	D	-0.14%
BIIB	D	-0.14%
VTRS	D	-0.14%
PLTR	D	-0.14%
EQIX	F	-0.14%
IDXX	F	-0.14%
APTV	D	-0.14%
FNF	A	-0.14%
ETSY	F	-0.14%
CVS	F	-0.14%
EA	D	-0.14%
INCY	D	-0.14%
NET	F	-0.14%
TECH	C	-0.14%
STE	D	-0.14%
HUM	F	-0.14%
ON	F	-0.13%
PLD	D	-0.13%
PATH	D	-0.13%
ULTA	F	-0.13%
MSCI	F	-0.13%
INTC	F	-0.13%
MDB	F	-0.13%
JBHT	F	-0.13%
ZTS	D	-0.13%
MELI	C	-0.13%
EPAM	D	-0.13%
Z	F	-0.13%
PANW	B	-0.13%
DAY	F	-0.13%
LULU	F	-0.13%
WBA	F	-0.13%
LBRDK	F	-0.13%
LW	D	-0.13%
BA	D	-0.13%
FOXA	B	-0.12%
TSLA	D	-0.12%
SNOW	D	-0.11%
GL	F	-0.11%
SIRI	F	-0.11%
U	F	-0.11%
ZS	D	-0.11%
GOOGL	A	-0.1%
HEI	A	-0.1%
RIVN	F	-0.09%
GOOG	A	-0.09%
HEI	A	-0.07%
FOX	B	-0.06%
GEV	A	-0.04%
SOLV	C	-0.03%