SMLF vs. JSTC ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to Adasina Social Justice All Cap Global ETF (JSTC)

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

$65.96

Average Daily Volume

65,346

Number of Holdings ^*

808

* may have additional holdings in another (foreign) market

JSTC

Adasina Social Justice All Cap Global ETF

JSTC Description

The investment seeks capital appreciation and income. The fund is an actively-managed exchange-traded fund (?ETF?) that seeks to achieve its investment objective by investing the fund?s assets in a portfolio of global companies whose business practices are aligned with the social justice investment criteria. Under normal market conditions, it will invest in at least three countries (one of which may be the United States) and will invest at least 40% of its total assets at the time of purchase in non?U.S. companies.

Grade (RS Rating)

Last Trade

$18.47

Average Daily Volume

15,651

Number of Holdings ^*

335

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	JSTC
30 Days	0.26%	-1.71%
60 Days	1.57%	-0.40%
90 Days	7.25%	5.97%
12 Months	36.38%	24.31%

150 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in JSTC	Overlap
ACLS	F	0.15%	0.02%	0.02%
AGO	B	0.26%	0.04%	0.04%
ALLE	C	0.18%	0.03%	0.03%
AMG	A	0.25%	0.1%	0.1%
APG	C	0.09%	0.06%	0.06%
APP	A	0.87%	0.49%	0.49%
ASAN	F	0.05%	0.02%	0.02%
ASB	A	0.08%	0.05%	0.05%
AWR	C	0.12%	0.14%	0.12%
AXTA	A	0.02%	0.13%	0.02%
AZEK	C	0.06%	0.04%	0.04%
BDC	B	0.09%	0.05%	0.05%
BKU	D	0.0%	0.02%	0.0%
BL	B	0.16%	0.03%	0.03%
BLD	F	0.23%	0.02%	0.02%
BOX	D	0.08%	0.02%	0.02%
BPOP	F	0.58%	0.02%	0.02%
BSIG	A	0.01%	0.06%	0.01%
BYD	A	0.01%	0.08%	0.01%
CALX	C	0.03%	0.02%	0.02%
CELH	F	0.05%	0.01%	0.01%
CFFN	A	0.04%	0.06%	0.04%
CFR	A	0.24%	0.06%	0.06%
CHCO	B	0.0%	0.11%	0.0%
CHE	F	0.34%	0.05%	0.05%
CNM	D	0.41%	0.02%	0.02%
CNMD	D	0.06%	0.02%	0.02%
CNO	C	0.15%	0.07%	0.07%
CR	A	0.32%	0.04%	0.04%
CRUS	F	0.14%	0.03%	0.03%
CSL	C	0.44%	1.07%	0.44%
CSWI	C	0.08%	0.04%	0.04%
CVLT	B	0.06%	0.02%	0.02%
DLX	F	0.07%	0.05%	0.05%
DNB	B	0.03%	0.03%	0.03%
DY	C	0.02%	0.04%	0.02%
EEFT	F	0.09%	0.02%	0.02%
EHC	A	0.05%	0.06%	0.05%
EIG	A	0.0%	0.07%	0.0%
ENS	F	0.04%	0.06%	0.04%
EPAC	A	0.07%	0.14%	0.07%
ESAB	A	0.16%	0.05%	0.05%
EVH	F	0.03%	0.02%	0.02%
EVTC	D	0.03%	0.02%	0.02%
EWBC	A	0.36%	0.76%	0.36%
EXEL	A	0.21%	0.03%	0.03%
EXLS	A	0.21%	0.04%	0.04%
EXTR	B	0.17%	0.02%	0.02%
FIX	B	0.43%	0.03%	0.03%
FN	B	0.06%	0.03%	0.03%
FSS	F	0.02%	0.05%	0.02%
GGG	F	0.3%	1.45%	0.3%
GH	D	0.14%	0.02%	0.02%
GKOS	B	0.07%	0.03%	0.03%
GMS	C	0.08%	0.04%	0.04%
GO	F	0.01%	0.02%	0.01%
GTLB	C	0.36%	0.02%	0.02%
GWRE	B	0.01%	0.07%	0.01%
HAE	F	0.17%	0.02%	0.02%
HALO	D	0.24%	0.02%	0.02%
HI	F	0.08%	0.03%	0.03%
HLI	A	0.17%	0.08%	0.08%
HURN	A	0.24%	0.17%	0.17%
IBP	F	0.05%	0.07%	0.05%
IGT	F	0.15%	0.04%	0.04%
INSM	D	0.11%	0.13%	0.11%
INSP	D	0.14%	0.03%	0.03%
INVA	B	0.1%	0.03%	0.03%
IONS	F	0.15%	0.02%	0.02%
ITGR	D	0.05%	0.04%	0.04%
JELD	F	0.03%	0.06%	0.03%
JXN	A	0.0%	0.08%	0.0%
KAI	A	0.11%	0.04%	0.04%
KFY	C	0.02%	0.06%	0.02%
KLIC	B	0.1%	0.02%	0.02%
KNSL	F	0.18%	0.02%	0.02%
LNTH	B	0.25%	0.03%	0.03%
LNW	F	0.18%	0.03%	0.03%
MANH	C	0.55%	0.02%	0.02%
MASI	A	0.08%	0.03%	0.03%
MEDP	F	0.39%	0.01%	0.01%
MGNI	C	0.02%	0.02%	0.02%
MLI	A	0.47%	0.06%	0.06%
MMSI	B	0.14%	0.03%	0.03%
MOD	C	0.28%	0.03%	0.03%
MSA	F	0.02%	0.05%	0.02%
MSM	F	0.01%	0.08%	0.01%
MTG	C	0.1%	0.05%	0.05%
NBTB	D	0.0%	0.09%	0.0%
NDSN	D	0.18%	1.01%	0.18%
NOVT	D	0.15%	0.03%	0.03%
NSIT	F	0.09%	0.03%	0.03%
NSP	F	0.14%	0.02%	0.02%
NTLA	F	0.02%	0.02%	0.02%
NTNX	B	0.51%	0.02%	0.02%
NVST	A	0.05%	0.03%	0.03%
NVT	A	0.51%	0.02%	0.02%
NWL	A	0.02%	0.02%	0.02%
ONON	C	0.14%	0.02%	0.02%
OPCH	F	0.11%	0.02%	0.02%
PBH	A	0.08%	0.02%	0.02%
PCOR	B	0.39%	0.02%	0.02%
PCTY	A	0.13%	0.02%	0.02%
PDCO	F	0.03%	0.02%	0.02%
PIPR	B	0.32%	0.04%	0.04%
POWI	D	0.01%	0.02%	0.01%
PRGS	B	0.18%	0.04%	0.04%
PRO	C	0.01%	0.03%	0.01%
PSTG	D	0.33%	0.49%	0.33%
PZZA	B	0.05%	0.04%	0.04%
QLYS	F	0.12%	0.02%	0.02%
RGEN	F	0.08%	0.02%	0.02%
RHI	B	0.16%	0.08%	0.08%
RMBS	C	0.2%	0.02%	0.02%
RPD	B	0.03%	0.02%	0.02%
RPM	B	0.22%	1.14%	0.22%
RYAN	C	0.13%	0.14%	0.13%
SCS	F	0.08%	0.07%	0.07%
SEE	B	0.0%	0.05%	0.0%
SITE	F	0.05%	0.04%	0.04%
SLAB	F	0.04%	0.02%	0.02%
SMAR	A	0.27%	0.03%	0.03%
SPB	D	0.15%	0.03%	0.03%
SPSC	F	0.12%	0.02%	0.02%
SRCE	C	0.15%	0.12%	0.12%
SRPT	D	0.24%	0.02%	0.02%
SSB	B	0.02%	0.03%	0.02%
SSD	F	0.15%	0.06%	0.06%
SUPN	B	0.03%	0.06%	0.03%
TDC	B	0.01%	0.02%	0.01%
TDOC	C	0.19%	0.02%	0.02%
TENB	D	0.08%	0.02%	0.02%
TNC	F	0.06%	0.02%	0.02%
TNET	F	0.13%	0.04%	0.04%
TPH	D	0.15%	0.05%	0.05%
TREX	B	0.22%	0.01%	0.01%
TTC	F	0.15%	0.07%	0.07%
VC	F	0.08%	0.02%	0.02%
VCYT	A	0.16%	0.04%	0.04%
VRNS	C	0.12%	0.04%	0.04%
WAL	D	0.1%	0.05%	0.05%
WBS	B	0.05%	0.04%	0.04%
WCC	A	0.18%	0.06%	0.06%
WD	C	0.03%	0.05%	0.03%
WEX	F	0.11%	0.06%	0.06%
WK	B	0.31%	0.02%	0.02%
WSC	F	0.1%	0.04%	0.04%
WSO	D	0.3%	0.4%	0.3%
WTS	F	0.12%	0.07%	0.07%
YETI	F	0.08%	0.02%	0.02%

SMLF Overweight 658 Positions Relative to JSTC

Symbol	Grade	Weight
EME	A	0.88%
EVR	B	0.78%
DECK	B	0.66%
JBL	B	0.55%
SFM	A	0.53%
AXON	B	0.52%
SLG	B	0.52%
MSTR	A	0.52%
ALSN	A	0.5%
RS	C	0.48%
WSM	F	0.47%
VNO	B	0.45%
HRB	D	0.43%
IDA	A	0.43%
WING	F	0.42%
DKS	F	0.42%
ORI	C	0.41%
IBKR	A	0.4%
CVNA	A	0.4%
COCO	A	0.4%
COOP	D	0.4%
DUOL	A	0.4%
UTHR	A	0.39%
AM	C	0.39%
IOT	B	0.39%
LPX	D	0.38%
BRX	C	0.38%
LBRDA	A	0.38%
WFRD	F	0.37%
LAMR	B	0.37%
JEF	B	0.37%
TTEK	B	0.36%
FR	D	0.35%
POWL	B	0.35%
CAVA	B	0.35%
SOLV	B	0.35%
ANF	D	0.34%
YOU	A	0.33%
AYI	B	0.33%
NTRA	D	0.33%
THC	C	0.32%
SN	C	0.31%
ALKS	F	0.31%
ITT	C	0.31%
MAC	A	0.31%
FLEX	B	0.3%
SPXC	D	0.3%
GPK	C	0.29%
DDS	C	0.29%
PRI	B	0.28%
FCNCA	C	0.28%
CORT	A	0.28%
XRAY	F	0.28%
JHG	A	0.28%
SIG	C	0.27%
EXE	B	0.27%
HSII	A	0.27%
STRL	B	0.27%
APA	F	0.26%
LBTYA	C	0.26%
R	A	0.26%
CROX	F	0.26%
AMH	F	0.26%
LSCC	C	0.25%
OVV	F	0.24%
RNR	C	0.24%
TPR	A	0.24%
UFPI	C	0.24%
SKT	B	0.24%
ENTG	F	0.24%
ESTC	D	0.24%
INTA	A	0.24%
AN	F	0.24%
COKE	D	0.24%
CPRX	A	0.24%
ZION	A	0.23%
JOE	F	0.23%
HAS	D	0.23%
SMG	B	0.23%
XRX	F	0.23%
CW	B	0.23%
GAP	D	0.23%
BCC	C	0.22%
AZPN	B	0.22%
TPG	A	0.22%
TPX	F	0.22%
AXSM	C	0.22%
IMKTA	D	0.22%
AGCO	C	0.22%
JBSS	F	0.21%
LIVN	C	0.21%
HIW	B	0.21%
CBSH	A	0.21%
ARW	D	0.21%
W	F	0.2%
ATKR	F	0.2%
TKR	D	0.2%
ETSY	D	0.2%
PDM	C	0.2%
GLPI	D	0.2%
ONTO	C	0.2%
M	C	0.2%
ACM	A	0.2%
TEX	D	0.2%
BBWI	F	0.2%
MUR	F	0.2%
NAVI	F	0.2%
RRX	B	0.2%
WS	A	0.19%
SANM	A	0.19%
GPI	C	0.19%
AR	F	0.19%
DNLI	D	0.19%
KRG	C	0.18%
PRG	D	0.18%
VOYA	B	0.18%
USFD	A	0.18%
PI	C	0.18%
OC	B	0.18%
MATX	A	0.18%
AGNC	D	0.18%
ELF	F	0.18%
PGRE	C	0.18%
RRC	D	0.18%
RNG	A	0.18%
AVNT	C	0.18%
DTM	A	0.18%
FROG	C	0.18%
DCI	B	0.18%
ACLX	B	0.17%
BDN	C	0.17%
FAF	D	0.17%
GES	F	0.17%
MMYT	B	0.17%
BRC	D	0.17%
KFRC	D	0.16%
RGLD	B	0.16%
CWEN	B	0.16%
IVT	B	0.16%
KIM	B	0.16%
SBGI	A	0.16%
WTM	B	0.16%
SLM	B	0.16%
SF	A	0.16%
ATI	F	0.16%
NUVL	D	0.16%
TOST	A	0.16%
AIZ	D	0.16%
TOL	C	0.16%
BRKR	F	0.16%
PVH	C	0.16%
BJ	B	0.16%
PRKS	B	0.16%
HOG	F	0.16%
KBR	B	0.15%
NJR	C	0.15%
OMF	A	0.15%
RL	B	0.15%
AY	A	0.15%
CVCO	D	0.15%
ENSG	A	0.15%
BMI	D	0.15%
SKY	D	0.15%
LUMN	B	0.15%
SCI	A	0.14%
OGS	C	0.14%
VMI	B	0.14%
UA	B	0.14%
BLKB	D	0.14%
ABG	D	0.14%
KRC	B	0.14%
GNRC	B	0.14%
NFG	B	0.14%
GATX	A	0.14%
ESI	A	0.14%
XNCR	B	0.14%
FTAI	B	0.14%
SATS	B	0.14%
TNL	A	0.14%
VSTO	A	0.14%
ODP	C	0.14%
FYBR	B	0.14%
AA	B	0.14%
SPT	F	0.14%
GOLF	D	0.13%
OGE	C	0.13%
SFBS	B	0.13%
WMS	F	0.13%
NYT	A	0.13%
BCRX	A	0.13%
MFA	C	0.13%
BANF	B	0.13%
GME	C	0.13%
DOCS	B	0.13%
CMC	B	0.13%
THO	D	0.13%
CBT	C	0.13%
WEN	B	0.13%
XPO	A	0.13%
YEXT	A	0.13%
BWXT	B	0.13%
BSY	F	0.13%
BAND	A	0.12%
ACCO	F	0.12%
MAT	A	0.12%
CUBE	D	0.12%
LILA	B	0.12%
BRZE	F	0.12%
BPMC	D	0.12%
NNN	D	0.12%
RDDT	A	0.12%
WAFD	D	0.12%
DFIN	F	0.12%
NOV	F	0.12%
UMBF	A	0.12%
HIMS	B	0.12%
AMR	F	0.12%
SR	D	0.12%
HUN	D	0.12%
IPAR	F	0.12%
NTCT	B	0.11%
LAZ	A	0.11%
GFF	F	0.11%
PNM	B	0.11%
EXPO	D	0.11%
AROC	D	0.11%
LOVE	B	0.11%
BASE	D	0.11%
OLN	F	0.11%
LRN	A	0.11%
SSTK	D	0.11%
APOG	B	0.11%
PTEN	F	0.11%
UGI	C	0.11%
HOV	D	0.11%
AIT	A	0.11%
ALX	D	0.11%
HTH	F	0.11%
VECO	F	0.11%
X	C	0.11%
WH	A	0.11%
PCVX	C	0.11%
BERY	A	0.11%
BKE	B	0.11%
ICFI	B	0.11%
CYTK	F	0.11%
CHX	F	0.11%
EXPI	B	0.1%
CRDO	B	0.1%
SAIA	A	0.1%
VMEO	D	0.1%
ACAD	F	0.1%
VSH	F	0.1%
OHI	A	0.1%
OII	D	0.1%
IBOC	B	0.1%
EGP	D	0.1%
CMPR	F	0.1%
LSTR	D	0.1%
KW	C	0.1%
SYNA	F	0.1%
MCB	B	0.1%
FHI	A	0.1%
PARA	C	0.1%
HP	C	0.1%
IVZ	B	0.1%
SON	F	0.1%
CARG	B	0.1%
COUR	F	0.1%
UPBD	D	0.09%
PNFP	A	0.09%
OSCR	D	0.09%
LBTYK	C	0.09%
TGNA	B	0.09%
ALV	F	0.09%
LGND	B	0.09%
FLR	B	0.09%
MTN	F	0.09%
JACK	C	0.09%
HASI	A	0.09%
ALIT	F	0.09%
MTRN	F	0.09%
CUZ	B	0.09%
AMLX	B	0.09%
MIDD	D	0.09%
CXT	F	0.09%
TMHC	B	0.09%
ACA	B	0.09%
CRS	C	0.09%
PLUS	C	0.09%
CACC	F	0.09%
BECN	B	0.09%
NSSC	F	0.09%
MATV	F	0.09%
CRC	B	0.09%
BC	D	0.09%
KSS	F	0.09%
AGM	F	0.09%
CHDN	A	0.09%
LXP	D	0.08%
NTB	C	0.08%
OZK	B	0.08%
POR	C	0.08%
CXW	C	0.08%
PD	F	0.08%
VERA	C	0.08%
PHIN	B	0.08%
KN	D	0.08%
PLNT	D	0.08%
LYFT	C	0.08%
AMPH	B	0.08%
MTSI	B	0.08%
DVAX	A	0.08%
MDGL	B	0.08%
IDCC	A	0.08%
NXST	A	0.08%
CAL	F	0.08%
LZ	C	0.08%
ATEN	A	0.08%
WOR	F	0.08%
CUBI	D	0.08%
HEES	B	0.08%
ASH	F	0.08%
DNOW	F	0.08%
MRC	F	0.08%
AMPL	C	0.07%
MDU	B	0.07%
AMRX	D	0.07%
ANGI	F	0.07%
FLO	F	0.07%
PEGA	A	0.07%
AIV	D	0.07%
ADEA	A	0.07%
CEIX	A	0.07%
FLNC	A	0.07%
HE	D	0.07%
MPW	D	0.07%
ILPT	F	0.07%
RYN	C	0.07%
RIG	D	0.07%
SFL	F	0.07%
WLY	B	0.07%
ASO	F	0.07%
SNEX	A	0.07%
EQC	D	0.07%
NARI	A	0.07%
TXRH	A	0.07%
GCO	F	0.07%
DH	F	0.07%
HWC	A	0.07%
BCO	D	0.07%
CAR	C	0.07%
NBR	B	0.07%
WNC	F	0.07%
VIR	F	0.07%
EYPT	C	0.07%
CLH	C	0.07%
VKTX	A	0.07%
UNIT	C	0.07%
SM	F	0.07%
AGX	A	0.07%
CARS	D	0.07%
FHB	A	0.07%
MKSI	F	0.07%
ANAB	F	0.07%
ELAN	D	0.07%
KNF	A	0.07%
GEO	B	0.07%
VFC	A	0.07%
WYNN	B	0.07%
MCY	B	0.06%
S	B	0.06%
HCC	A	0.06%
CNX	B	0.06%
AEO	F	0.06%
AFRM	A	0.06%
LFUS	D	0.06%
FOLD	B	0.06%
AMN	F	0.06%
APPF	D	0.06%
TRN	B	0.06%
CC	F	0.06%
HOUS	F	0.06%
IRTC	C	0.06%
OXM	F	0.06%
LADR	C	0.06%
COTY	F	0.06%
KD	D	0.06%
VAC	C	0.06%
HWKN	D	0.06%
WBA	C	0.06%
ACHC	F	0.06%
CASY	A	0.06%
FIVN	D	0.06%
SANA	F	0.06%
PEN	A	0.06%
STWD	C	0.06%
BLMN	D	0.06%
MED	F	0.06%
UVV	C	0.06%
DOMO	C	0.06%
OTTR	D	0.06%
OLED	D	0.05%
FCN	F	0.05%
KLG	F	0.05%
ROKU	D	0.05%
VITL	C	0.05%
AVDX	C	0.05%
CERS	F	0.05%
ACI	F	0.05%
SONO	C	0.05%
CVI	F	0.05%
LPG	F	0.05%
NXT	C	0.05%
VNT	B	0.05%
SMTC	B	0.05%
WTTR	D	0.05%
OMI	F	0.05%
SOFI	A	0.05%
MMS	D	0.05%
RCUS	D	0.05%
ADMA	C	0.05%
AMBC	D	0.05%
GPMT	C	0.05%
THR	F	0.05%
AVAV	B	0.05%
CENTA	F	0.05%
RUSHA	A	0.05%
PATH	D	0.05%
MERC	D	0.05%
PK	F	0.05%
APLS	F	0.05%
FUN	F	0.05%
ITCI	A	0.05%
KOS	F	0.05%
LECO	C	0.05%
CTBI	B	0.05%
WGO	F	0.05%
YELP	F	0.05%
ZIP	F	0.05%
BRBR	A	0.05%
SAH	D	0.04%
CDP	B	0.04%
IVR	F	0.04%
NRC	F	0.04%
RVMD	A	0.04%
ARWR	F	0.04%
CGEM	F	0.04%
CORZ	B	0.04%
CNS	B	0.04%
TILE	D	0.04%
ARRY	F	0.04%
MAN	F	0.04%
IDT	A	0.04%
AGYS	C	0.04%
NATL	D	0.04%
PRGO	D	0.04%
DAWN	A	0.04%
FHN	A	0.04%
HLF	D	0.04%
PFSI	D	0.04%
OUT	B	0.04%
AVXL	A	0.04%
AGS	A	0.04%
STAG	D	0.04%
SPRY	B	0.04%
KREF	D	0.04%
TDS	A	0.04%
IOSP	F	0.04%
HELE	C	0.04%
BKD	D	0.04%
ITRI	A	0.04%
TARS	A	0.04%
FFIN	C	0.04%
RKT	D	0.04%
HSTM	A	0.04%
SNV	A	0.04%
BEAM	F	0.04%
BCPC	D	0.04%
NHI	C	0.04%
DAN	F	0.03%
GMED	B	0.03%
AKRO	A	0.03%
PBF	F	0.03%
MOG.A	D	0.03%
RGNX	F	0.03%
ALRM	F	0.03%
SITC	F	0.03%
VIAV	B	0.03%
TSE	C	0.03%
GIII	B	0.03%
IESC	A	0.03%
DBI	F	0.03%
ADT	B	0.03%
RYI	C	0.03%
VNDA	F	0.03%
JANX	A	0.03%
TWO	F	0.03%
ATRC	A	0.03%
CHWY	D	0.03%
BRSP	B	0.03%
SNDX	F	0.03%
OFIX	B	0.03%
ARCH	B	0.03%
EMBC	D	0.03%
CHRD	F	0.03%
VIRT	C	0.03%
REVG	D	0.03%
FL	F	0.03%
NX	C	0.03%
BILL	A	0.03%
CIEN	B	0.03%
TLRY	F	0.03%
UVE	C	0.03%
XHR	C	0.03%
TCBI	B	0.03%
SWIM	B	0.03%
QXO	D	0.03%
LTH	D	0.03%
BBIO	F	0.03%
QDEL	F	0.03%
SVC	F	0.03%
ACCD	F	0.03%
HNI	D	0.03%
RLI	B	0.03%
UDMY	D	0.03%
TPB	A	0.03%
FLYW	C	0.03%
RDFN	C	0.03%
SNBR	D	0.03%
OI	F	0.03%
CLVT	D	0.03%
OPI	F	0.03%
DIN	F	0.03%
MDXG	C	0.03%
OLPX	F	0.02%
ERAS	D	0.02%
HXL	F	0.02%
OSIS	F	0.02%
UNFI	B	0.02%
SHO	D	0.02%
RAMP	D	0.02%
PII	F	0.02%
HMST	F	0.02%
ALAB	B	0.02%
SLVM	B	0.02%
WOOF	C	0.02%
KVYO	B	0.02%
KRNY	B	0.02%
CACI	A	0.02%
NUS	F	0.02%
HAIN	A	0.02%
VSTS	F	0.02%
BMBL	C	0.02%
ARCT	F	0.02%
LMAT	C	0.02%
WTFC	A	0.02%
MTW	D	0.02%
DYN	F	0.02%
BRY	F	0.02%
EDR	A	0.02%
GPRO	C	0.02%
EVRI	A	0.02%
RLJ	F	0.02%
PR	F	0.02%
IRWD	F	0.02%
SAFE	D	0.02%
CNDT	D	0.02%
USNA	D	0.02%
DOCN	C	0.02%
EPR	D	0.02%
ALHC	A	0.02%
VCEL	D	0.02%
PTCT	B	0.02%
QRTEA	F	0.02%
TGTX	A	0.02%
ARCB	D	0.02%
CRSP	D	0.02%
OPEN	F	0.02%
LANC	D	0.02%
CWK	A	0.01%
SFIX	D	0.01%
AIN	F	0.01%
VAL	F	0.01%
ALGM	F	0.01%
NGVT	C	0.01%
BIGC	F	0.01%
PEB	F	0.01%
DINO	F	0.01%
PCH	F	0.01%
PGEN	F	0.01%
ARR	D	0.01%
EPC	F	0.01%
OIS	D	0.01%
JAMF	F	0.01%
UPWK	A	0.01%
HTZ	F	0.01%
TR	F	0.01%
FLWS	B	0.01%
UTL	D	0.01%
RBRK	A	0.01%
ZUO	A	0.01%
VRE	D	0.01%
OMER	B	0.01%
SWI	B	0.01%
BKH	C	0.01%
WTI	F	0.01%
JOBY	D	0.01%
MBC	B	0.01%
NWN	C	0.01%
MITK	D	0.01%
STGW	F	0.01%
CAKE	A	0.01%
CRAI	B	0.01%
ENVA	B	0.01%
SWX	B	0.01%
HQY	B	0.01%
TTGT	C	0.01%
PYCR	B	0.01%
ROIV	D	0.01%
SWTX	D	0.01%
MBLY	C	0.01%
XPRO	F	0.01%
HCAT	C	0.01%
AXS	C	0.01%
ENR	B	0.01%
KALU	B	0.01%
GEF	B	0.01%
MLAB	D	0.01%
RHP	B	0.01%
NFBK	B	0.01%
ASGN	F	0.01%
OSUR	F	0.01%
AEIS	A	0.01%
RXT	C	0.01%
NEXA	A	0.01%
BFH	D	0.0%
MC	C	0.0%
GDOT	C	0.0%
EGBN	A	0.0%
CVBF	A	0.0%
RDN	C	0.0%
HPP	F	0.0%
AMCX	F	0.0%
FULT	B	0.0%
BOH	A	0.0%
TRMK	A	0.0%
DEI	B	0.0%
UNM	A	0.0%
GNW	C	0.0%
PFBC	A	0.0%
CASH	B	0.0%
PRDO	B	0.0%
FBP	D	0.0%
AX	A	0.0%
TBBK	C	0.0%
CMA	A	0.0%
OFG	C	0.0%

SMLF Underweight 185 Positions Relative to JSTC

Symbol	Grade	Weight
AFL	C	-2.35%
MRK	F	-1.97%
V	A	-1.87%
SNA	A	-1.44%
ADP	A	-1.42%
XYL	F	-1.37%
JNPR	A	-1.37%
PGR	D	-1.28%
SPGI	D	-1.27%
MTB	B	-1.21%
BMY	A	-1.18%
GWW	A	-1.13%
NDAQ	B	-1.13%
ROP	D	-1.08%
PAYX	B	-1.02%
NTAP	D	-1.02%
URI	B	-1.0%
NXPI	D	-0.99%
DHR	F	-0.94%
MCO	D	-0.93%
ADBE	F	-0.93%
K	A	-0.91%
NOW	B	-0.82%
ISRG	B	-0.81%
PWR	B	-0.81%
BRO	B	-0.81%
MAS	C	-0.8%
WTW	A	-0.73%
CDNS	C	-0.66%
MELI	C	-0.64%
IT	C	-0.62%
BUD	D	-0.59%
TW	B	-0.58%
ADSK	B	-0.58%
MSCI	C	-0.55%
IPG	F	-0.55%
VRSN	F	-0.53%
CDW	F	-0.51%
ANSS	C	-0.51%
SSNC	D	-0.51%
EA	A	-0.48%
SJM	F	-0.46%
BAP	B	-0.43%
VRTX	A	-0.42%
DOX	B	-0.37%
PTC	A	-0.37%
BR	C	-0.32%
POOL	C	-0.29%
WAT	D	-0.29%
IDXX	F	-0.29%
FDS	B	-0.28%
MTD	F	-0.28%
OTEX	D	-0.26%
RMD	B	-0.26%
VEEV	C	-0.25%
JKHY	B	-0.21%
NU	A	-0.2%
CHT	D	-0.2%
CRWD	C	-0.18%
AKAM	C	-0.17%
TFX	F	-0.17%
MOH	D	-0.16%
WST	B	-0.16%
TTWO	A	-0.16%
DDOG	B	-0.15%
HUBS	B	-0.14%
DT	B	-0.13%
ATR	A	-0.13%
CWT	D	-0.13%
AZZ	D	-0.13%
NWBI	D	-0.13%
NET	B	-0.12%
FUL	F	-0.12%
BIIB	F	-0.11%
TEAM	B	-0.11%
AMWD	D	-0.1%
STBA	D	-0.1%
SXT	C	-0.09%
SAFT	D	-0.09%
LOGI	F	-0.09%
HOPE	C	-0.09%
HMN	A	-0.09%
DLB	C	-0.08%
VRTS	C	-0.08%
HRI	A	-0.08%
SCSC	F	-0.08%
EPAM	F	-0.08%
SLGN	A	-0.08%
APAM	B	-0.08%
MMI	D	-0.08%
TECH	B	-0.08%
AL	C	-0.07%
SYBT	B	-0.07%
BRKL	A	-0.07%
TWLO	A	-0.07%
SJW	F	-0.07%
WABC	B	-0.07%
RNST	A	-0.07%
B	A	-0.07%
LNC	A	-0.07%
PB	A	-0.06%
AVT	B	-0.06%
RPRX	F	-0.06%
PODD	B	-0.06%
G	D	-0.06%
CBZ	C	-0.05%
DOCU	B	-0.05%
GHC	A	-0.05%
TRS	B	-0.05%
MKTX	A	-0.05%
MDB	F	-0.05%
SPNS	B	-0.05%
BHF	B	-0.05%
FTDR	B	-0.05%
KWR	F	-0.05%
KAR	F	-0.04%
ENOV	D	-0.04%
NPO	F	-0.04%
AAON	A	-0.04%
ACIW	D	-0.04%
ALNY	C	-0.04%
FLUT	B	-0.04%
SCHL	F	-0.04%
BMRN	F	-0.03%
HLIO	B	-0.03%
CABO	D	-0.03%
PHR	F	-0.03%
NOMD	D	-0.03%
SIGI	D	-0.03%
TFSL	D	-0.03%
QTWO	A	-0.03%
LCII	F	-0.03%
REYN	F	-0.03%
BGC	C	-0.03%
FRPT	D	-0.03%
CCS	F	-0.03%
UBSI	A	-0.03%
CGNX	B	-0.03%
ALTR	A	-0.03%
VREX	C	-0.03%
QFIN	B	-0.03%
CSGS	C	-0.03%
RH	B	-0.03%
IMAX	A	-0.03%
FOXF	F	-0.02%
RCKT	F	-0.02%
NBIX	D	-0.02%
IPGP	B	-0.02%
AMBA	B	-0.02%
EYE	D	-0.02%
REZI	D	-0.02%
PACB	C	-0.02%
HUBB	B	-0.02%
WIX	B	-0.02%
IART	C	-0.02%
MRNA	F	-0.02%
PRVA	D	-0.02%
AXNX	A	-0.02%
YMM	B	-0.02%
HCP	A	-0.02%
RGA	D	-0.02%
VRT	B	-0.02%
SXI	A	-0.02%
GRAB	A	-0.02%
CFLT	A	-0.02%
GEHC	D	-0.02%
MNDY	B	-0.02%
FRME	C	-0.02%
CYBR	C	-0.02%
FIBK	B	-0.02%
DOOO	F	-0.02%
PLMR	D	-0.02%
LII	B	-0.02%
TFIN	B	-0.02%
GBCI	A	-0.02%
ROG	F	-0.02%
ZD	F	-0.02%
AMKR	F	-0.02%
PRLB	F	-0.02%
IQ	C	-0.01%
SHLS	F	-0.01%
FTRE	F	-0.01%
FORM	F	-0.01%
OGN	D	-0.01%
MXL	D	-0.01%