SMLF vs. NUSC ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to NuShares ESG Small-Cap ETF (NUSC)

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

$71.68

Average Daily Volume

70,611

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

NUSC

NuShares ESG Small-Cap ETF

NUSC Description

Fund seeks to track the investments results, before fees and expenses, of the TIAA ESG Small-Cap Index.

Grade (RS Rating)

Last Trade

$44.65

Average Daily Volume

78,897

Number of Holdings ^*

480

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	NUSC
30 Days	7.55%	5.07%
60 Days	8.72%	4.69%
90 Days	9.84%	5.11%
12 Months	38.08%	26.74%

233 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in NUSC	Overlap
ABG	C	0.15%	0.06%	0.06%
ACA	A	0.1%	0.03%	0.03%
ACHC	F	0.04%	0.02%	0.02%
AEO	F	0.05%	0.03%	0.03%
AGCO	D	0.2%	0.03%	0.03%
AGNC	C	0.16%	0.54%	0.16%
ALKS	C	0.3%	0.44%	0.3%
AMBC	C	0.05%	0.05%	0.05%
AMG	B	0.23%	0.58%	0.23%
AMN	F	0.03%	0.09%	0.03%
ARCT	F	0.02%	0.04%	0.02%
AROC	A	0.12%	0.34%	0.12%
ARRY	F	0.04%	0.11%	0.04%
ASGN	F	0.01%	0.24%	0.01%
ATKR	D	0.2%	0.32%	0.2%
AVNT	B	0.18%	0.32%	0.18%
AXTA	B	0.03%	0.55%	0.03%
AYI	B	0.35%	0.16%	0.16%
AZEK	A	0.06%	0.29%	0.06%
BCC	B	0.22%	0.54%	0.22%
BCPC	B	0.04%	0.56%	0.04%
BDC	C	0.08%	0.21%	0.08%
BECN	B	0.1%	0.32%	0.1%
BERY	C	0.1%	0.59%	0.1%
BFH	C	0.0%	0.23%	0.0%
BKD	F	0.03%	0.09%	0.03%
BLD	D	0.21%	0.37%	0.21%
BLKB	B	0.13%	0.26%	0.13%
BMI	B	0.16%	0.63%	0.16%
BOX	B	0.08%	0.04%	0.04%
BRC	D	0.17%	0.32%	0.17%
BRKR	D	0.14%	0.1%	0.1%
CALX	D	0.02%	0.17%	0.02%
CARS	C	0.08%	0.11%	0.08%
CASH	B	0.0%	0.2%	0.0%
CASY	A	0.06%	0.76%	0.06%
CBSH	B	0.24%	0.64%	0.24%
CGEM	F	0.03%	0.06%	0.03%
CHX	C	0.11%	0.57%	0.11%
CLVT	D	0.02%	0.13%	0.02%
CNM	D	0.36%	0.73%	0.36%
CNMD	C	0.07%	0.02%	0.02%
COUR	F	0.09%	0.09%	0.09%
CR	A	0.35%	0.82%	0.35%
CROX	D	0.19%	0.53%	0.19%
CRSP	D	0.02%	0.08%	0.02%
CRUS	D	0.11%	0.47%	0.11%
CUBE	C	0.11%	0.11%	0.11%
CVLT	B	0.08%	0.73%	0.08%
CWEN	C	0.15%	0.09%	0.09%
CWEN	C	0.15%	0.22%	0.15%
CWK	C	0.01%	0.02%	0.01%
CYTK	F	0.11%	0.24%	0.11%
DFIN	D	0.11%	0.16%	0.11%
DNLI	D	0.2%	0.12%	0.12%
DNOW	B	0.1%	0.15%	0.1%
DYN	F	0.02%	0.12%	0.02%
EGP	D	0.09%	0.38%	0.09%
ELAN	D	0.08%	0.23%	0.08%
EMBC	C	0.03%	0.07%	0.03%
ENSG	C	0.14%	0.31%	0.14%
EPAC	C	0.07%	0.26%	0.07%
EQC	B	0.07%	0.19%	0.07%
ESI	B	0.15%	0.63%	0.15%
ESTC	C	0.26%	0.12%	0.12%
ETSY	D	0.2%	0.03%	0.03%
EVTC	B	0.03%	0.21%	0.03%
EWBC	A	0.39%	1.01%	0.39%
EXLS	B	0.23%	0.72%	0.23%
EXPI	D	0.1%	0.1%	0.1%
EYPT	D	0.07%	0.05%	0.05%
FAF	A	0.16%	0.65%	0.16%
FBP	C	0.0%	0.34%	0.0%
FCN	F	0.04%	0.54%	0.04%
FHN	A	0.04%	0.66%	0.04%
FIX	A	0.44%	0.6%	0.44%
FL	F	0.03%	0.03%	0.03%
FLEX	B	0.31%	0.48%	0.31%
FYBR	C	0.13%	0.23%	0.13%
GAP	C	0.23%	0.16%	0.16%
GH	B	0.19%	0.14%	0.14%
GKOS	B	0.07%	0.18%	0.07%
GME	C	0.16%	0.36%	0.16%
GNRC	C	0.15%	0.48%	0.15%
GPI	B	0.22%	0.43%	0.22%
GTLB	B	0.39%	0.16%	0.16%
HAE	C	0.2%	0.3%	0.2%
HAIN	D	0.01%	0.06%	0.01%
HAS	D	0.19%	0.32%	0.19%
HASI	D	0.07%	0.15%	0.07%
HELE	C	0.04%	0.14%	0.04%
HIMS	B	0.1%	0.29%	0.1%
HNI	B	0.03%	0.25%	0.03%
HOG	D	0.15%	0.33%	0.15%
HPP	F	0.04%	0.05%	0.04%
HQY	A	0.01%	0.18%	0.01%
HRB	D	0.4%	0.78%	0.4%
HURN	C	0.25%	0.12%	0.12%
HWC	B	0.08%	0.23%	0.08%
HXL	F	0.01%	0.29%	0.01%
IDCC	B	0.09%	0.45%	0.09%
INTA	B	0.27%	0.13%	0.13%
ITGR	B	0.05%	0.17%	0.05%
ITRI	C	0.05%	0.5%	0.05%
IVZ	B	0.1%	0.31%	0.1%
JAMF	F	0.01%	0.01%	0.01%
JOE	F	0.19%	0.08%	0.08%
JXN	C	0.0%	0.74%	0.0%
KBR	F	0.12%	0.69%	0.12%
KLIC	B	0.1%	0.14%	0.1%
KNF	B	0.07%	0.26%	0.07%
KRC	B	0.12%	0.41%	0.12%
KREF	C	0.04%	0.06%	0.04%
KW	C	0.1%	0.04%	0.04%
LFUS	D	0.05%	0.09%	0.05%
LILA	D	0.08%	0.02%	0.02%
LPX	B	0.41%	0.51%	0.41%
LRN	A	0.16%	0.4%	0.16%
LSCC	D	0.23%	0.31%	0.23%
LUMN	C	0.2%	0.21%	0.2%
M	F	0.19%	0.16%	0.16%
MAT	D	0.12%	0.56%	0.12%
MGNI	B	0.03%	0.2%	0.03%
MOD	A	0.25%	0.55%	0.25%
MOG.A	B	0.03%	0.6%	0.03%
MRC	B	0.09%	0.11%	0.09%
MSA	F	0.02%	0.39%	0.02%
MTG	C	0.09%	0.06%	0.06%
MTN	C	0.09%	0.37%	0.09%
NARI	C	0.07%	0.25%	0.07%
NBTB	B	0.0%	0.02%	0.0%
NJR	A	0.14%	0.45%	0.14%
NOV	C	0.12%	0.27%	0.12%
NOVT	D	0.14%	0.3%	0.14%
NSIT	F	0.06%	0.26%	0.06%
NTNX	B	0.56%	0.89%	0.56%
NVST	B	0.06%	0.08%	0.06%
NWL	C	0.02%	0.32%	0.02%
NYT	D	0.12%	0.39%	0.12%
OFIX	C	0.03%	0.03%	0.03%
OGS	A	0.13%	0.41%	0.13%
OHI	C	0.09%	0.46%	0.09%
OMI	F	0.04%	0.09%	0.04%
ONTO	F	0.15%	0.33%	0.15%
ORI	A	0.41%	0.02%	0.02%
OUT	A	0.04%	0.17%	0.04%
OZK	B	0.08%	0.32%	0.08%
PCH	F	0.01%	0.32%	0.01%
PCOR	B	0.42%	0.71%	0.42%
PCVX	D	0.09%	0.21%	0.09%
PDCO	F	0.02%	0.08%	0.02%
PDM	D	0.17%	0.02%	0.02%
PEB	D	0.01%	0.14%	0.01%
PEN	B	0.07%	0.1%	0.07%
PFSI	C	0.04%	0.36%	0.04%
PLNT	A	0.09%	0.39%	0.09%
PNFP	B	0.1%	0.08%	0.08%
POWL	C	0.38%	0.28%	0.28%
PRG	C	0.17%	0.15%	0.15%
PRGO	C	0.04%	0.03%	0.03%
PRGS	A	0.18%	0.2%	0.18%
PRI	B	0.28%	0.54%	0.28%
PVH	C	0.17%	0.27%	0.17%
PYCR	B	0.01%	0.1%	0.01%
R	B	0.28%	0.62%	0.28%
RAMP	B	0.02%	0.02%	0.02%
RCUS	F	0.04%	0.05%	0.04%
RGLD	C	0.14%	0.38%	0.14%
RHI	C	0.17%	0.5%	0.17%
RHP	B	0.01%	0.62%	0.01%
RUSHA	C	0.06%	0.14%	0.06%
RYAN	A	0.13%	0.2%	0.13%
SAIA	B	0.12%	0.55%	0.12%
SCI	B	0.14%	1.02%	0.14%
SFM	A	0.6%	0.22%	0.22%
SIG	B	0.26%	0.07%	0.07%
SITE	F	0.05%	0.39%	0.05%
SLAB	F	0.03%	0.15%	0.03%
SNDX	F	0.02%	0.05%	0.02%
SNV	C	0.05%	0.37%	0.05%
SON	F	0.09%	0.01%	0.01%
SONO	C	0.05%	0.16%	0.05%
SPB	C	0.15%	0.25%	0.15%
SPSC	D	0.11%	0.33%	0.11%
SR	A	0.12%	0.03%	0.03%
SSB	B	0.02%	0.4%	0.02%
STGW	A	0.01%	0.06%	0.01%
STWD	C	0.06%	0.32%	0.06%
SWX	B	0.01%	0.16%	0.01%
TARS	C	0.05%	0.12%	0.05%
TBBK	B	0.0%	0.26%	0.0%
TDC	D	0.01%	0.11%	0.01%
TDOC	C	0.18%	0.02%	0.02%
TGNA	B	0.09%	0.25%	0.09%
THO	B	0.13%	0.33%	0.13%
TILE	B	0.05%	0.14%	0.05%
TMHC	C	0.09%	0.15%	0.09%
TNET	F	0.13%	0.21%	0.13%
TPH	D	0.14%	0.03%	0.03%
TPR	B	0.3%	0.36%	0.3%
UGI	C	0.1%	0.47%	0.1%
UMBF	B	0.14%	0.02%	0.02%
UNIT	B	0.07%	0.13%	0.07%
UNM	A	0.0%	0.15%	0.0%
USFD	A	0.18%	0.73%	0.18%
VAC	C	0.07%	0.06%	0.06%
VECO	F	0.1%	0.06%	0.06%
VERA	C	0.09%	0.17%	0.09%
VFC	C	0.08%	0.04%	0.04%
VITL	D	0.03%	0.08%	0.03%
VKTX	F	0.06%	0.19%	0.06%
VMEO	B	0.13%	0.05%	0.05%
VNT	C	0.05%	0.15%	0.05%
VOYA	B	0.17%	0.12%	0.12%
WAL	B	0.1%	0.63%	0.1%
WBS	A	0.05%	0.43%	0.05%
WCC	B	0.2%	0.2%	0.2%
WD	D	0.02%	0.35%	0.02%
WEX	D	0.09%	0.47%	0.09%
WFRD	D	0.35%	0.41%	0.35%
WGO	C	0.05%	0.17%	0.05%
WMS	F	0.1%	0.48%	0.1%
WNC	C	0.07%	0.08%	0.07%
WOOF	D	0.02%	0.04%	0.02%
WSC	F	0.09%	0.18%	0.09%
WTM	A	0.16%	0.48%	0.16%
XHR	B	0.03%	0.15%	0.03%
XPO	B	0.17%	0.31%	0.17%
XPRO	D	0.01%	0.11%	0.01%
XRX	F	0.18%	0.04%	0.04%
YETI	D	0.08%	0.19%	0.08%
ZION	B	0.24%	0.31%	0.24%
ZIP	D	0.05%	0.03%	0.03%

SMLF Overweight 578 Positions Relative to NUSC

Symbol	Grade	Weight
APP	B	1.49%
EME	A	0.94%
EVR	B	0.81%
MSTR	B	0.73%
DECK	A	0.72%
AXON	A	0.66%
ALSN	B	0.56%
JBL	C	0.55%
BPOP	C	0.53%
MANH	D	0.5%
SLG	B	0.49%
MLI	B	0.49%
RS	B	0.49%
NVT	B	0.49%
CVNA	B	0.46%
IDA	A	0.46%
IBKR	A	0.45%
DUOL	A	0.44%
COCO	A	0.43%
WSM	C	0.42%
CSL	C	0.41%
COOP	B	0.41%
IOT	A	0.41%
VNO	C	0.41%
JEF	A	0.4%
NTRA	A	0.4%
LBRDA	C	0.4%
UTHR	C	0.38%
DKS	D	0.38%
MEDP	D	0.38%
BRX	A	0.37%
AM	A	0.37%
WING	D	0.36%
PIPR	A	0.34%
CAVA	B	0.34%
WK	B	0.34%
LAMR	C	0.33%
JHG	B	0.31%
HSII	B	0.31%
WSO	A	0.31%
ITT	A	0.31%
FR	D	0.31%
SOLV	D	0.31%
MAC	B	0.31%
DDS	B	0.31%
THC	D	0.31%
SPXC	A	0.3%
CORT	B	0.3%
ANF	F	0.3%
CHE	D	0.3%
GGG	B	0.3%
EXE	A	0.29%
TTEK	F	0.29%
STRL	A	0.29%
PSTG	D	0.29%
AGO	B	0.27%
SN	D	0.27%
FCNCA	A	0.27%
SMAR	B	0.26%
GPK	C	0.26%
AMH	C	0.25%
OVV	B	0.25%
CFR	B	0.25%
TPX	B	0.24%
CPRX	C	0.24%
TREX	C	0.24%
RMBS	B	0.24%
AN	C	0.24%
SKT	A	0.24%
HALO	F	0.24%
EXEL	B	0.24%
IMKTA	C	0.24%
CW	C	0.23%
ENTG	D	0.23%
YOU	D	0.23%
UFPI	C	0.23%
SANM	B	0.22%
APA	D	0.22%
RPM	A	0.22%
WS	C	0.22%
COKE	C	0.22%
AXSM	B	0.22%
MATX	C	0.21%
RNR	C	0.21%
AR	B	0.21%
TOST	B	0.21%
AZPN	A	0.21%
SRPT	F	0.2%
LIVN	F	0.2%
RDDT	A	0.2%
XRAY	F	0.2%
ELF	C	0.2%
RRX	B	0.2%
DTM	A	0.2%
BBWI	C	0.2%
TPG	A	0.2%
TEX	F	0.19%
RNG	C	0.19%
SMG	C	0.19%
NAVI	F	0.19%
ACM	B	0.19%
MUR	D	0.19%
RRC	B	0.19%
HLI	A	0.18%
KNSL	B	0.18%
ARW	D	0.18%
NDSN	B	0.18%
VCYT	B	0.18%
ESAB	C	0.18%
HIW	C	0.18%
OC	A	0.18%
GLPI	C	0.18%
FROG	C	0.18%
DCI	B	0.18%
MMYT	B	0.17%
ACLX	C	0.17%
TKR	D	0.17%
LNW	F	0.17%
LNTH	D	0.17%
KRG	B	0.17%
AIZ	A	0.17%
EXTR	C	0.17%
PRKS	B	0.17%
JBSS	F	0.17%
SF	B	0.17%
KIM	A	0.16%
IVT	A	0.16%
SRCE	B	0.16%
ALLE	C	0.16%
BL	B	0.16%
BJ	A	0.16%
SLM	A	0.16%
CVCO	A	0.16%
TOL	B	0.16%
TNL	A	0.16%
CNO	B	0.16%
OMF	A	0.16%
PGRE	F	0.16%
KFRC	D	0.16%
GATX	A	0.15%
LBTYA	F	0.15%
SBGI	B	0.15%
ONON	A	0.15%
XNCR	B	0.15%
GES	F	0.15%
RL	C	0.15%
W	D	0.15%
VMI	B	0.15%
FTAI	A	0.15%
DOCS	C	0.15%
SKY	A	0.15%
AMR	C	0.14%
ATI	C	0.14%
VSTO	A	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	A	0.14%
IONS	F	0.14%
PI	D	0.14%
CMC	B	0.14%
UA	C	0.14%
TTC	C	0.14%
YEXT	B	0.14%
PCTY	C	0.14%
AY	A	0.14%
SPT	C	0.14%
SSD	F	0.14%
BPMC	B	0.13%
IPAR	B	0.13%
NFG	A	0.13%
ACCO	C	0.13%
BRZE	C	0.13%
BWXT	B	0.13%
GOLF	B	0.13%
KAI	B	0.13%
BDN	C	0.13%
QLYS	B	0.13%
SFBS	C	0.13%
NUVL	C	0.13%
AA	A	0.13%
INSP	D	0.12%
AWR	B	0.12%
GEO	B	0.12%
BASE	B	0.12%
SATS	D	0.12%
ACLS	F	0.12%
OGE	A	0.12%
GFF	A	0.12%
BKE	B	0.12%
WH	B	0.12%
WEN	D	0.12%
AIT	B	0.12%
CBT	D	0.12%
BSY	F	0.12%
WAFD	B	0.12%
WTS	B	0.12%
NTCT	C	0.11%
FHI	B	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	B	0.11%
PARA	C	0.11%
SSTK	F	0.11%
PTEN	C	0.11%
OII	B	0.11%
LOVE	A	0.11%
MFA	D	0.11%
ACAD	C	0.11%
HTH	C	0.11%
CARG	B	0.11%
BAND	B	0.11%
ODP	F	0.11%
APOG	C	0.11%
CXW	C	0.11%
MCB	B	0.11%
MDGL	B	0.11%
NSP	F	0.11%
BCRX	D	0.11%
MTRN	C	0.1%
ASB	B	0.1%
CHDN	B	0.1%
HP	C	0.1%
CRDO	B	0.1%
CRC	A	0.1%
LSTR	D	0.1%
NNN	C	0.1%
HUN	F	0.1%
ICFI	F	0.1%
HOV	D	0.1%
SYNA	C	0.1%
X	B	0.1%
ALX	D	0.1%
LYFT	C	0.1%
CMPR	D	0.1%
AGM	B	0.1%
INSM	C	0.1%
VRNS	D	0.1%
EEFT	B	0.09%
VSH	F	0.09%
CXT	C	0.09%
MTSI	B	0.09%
PHIN	A	0.09%
JACK	C	0.09%
HEES	C	0.09%
ATEN	A	0.09%
APG	B	0.09%
PBH	A	0.09%
HI	C	0.09%
LGND	C	0.09%
CAR	C	0.09%
LZ	C	0.09%
FLG	D	0.09%
BC	C	0.09%
ALIT	C	0.09%
INVA	D	0.09%
UPBD	B	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
OLN	F	0.09%
CUBI	B	0.09%
CRS	B	0.09%
EXPO	D	0.09%
VC	F	0.08%
FIVN	C	0.08%
TENB	C	0.08%
OPCH	D	0.08%
VIR	D	0.08%
FLR	B	0.08%
RGEN	D	0.08%
PEGA	B	0.08%
CAL	F	0.08%
MKSI	C	0.08%
SCS	C	0.08%
OSCR	D	0.08%
FHB	B	0.08%
PD	C	0.08%
KN	B	0.08%
MASI	B	0.08%
GMS	B	0.08%
WOR	F	0.08%
CACC	D	0.08%
DLX	B	0.08%
NSSC	D	0.08%
AGX	B	0.08%
CUZ	B	0.08%
KSS	F	0.08%
MIDD	C	0.08%
ALV	C	0.08%
CSWI	B	0.08%
AFRM	A	0.07%
CLH	C	0.07%
DH	F	0.07%
AMRX	C	0.07%
WYNN	C	0.07%
MATV	D	0.07%
RIG	D	0.07%
AMPH	F	0.07%
LXP	D	0.07%
POR	C	0.07%
AMPL	B	0.07%
FLNC	D	0.07%
WLY	B	0.07%
NBR	C	0.07%
NTB	B	0.07%
DOMO	B	0.07%
GCO	C	0.07%
ASH	F	0.07%
PLUS	F	0.07%
SM	B	0.07%
TXRH	B	0.07%
SNEX	B	0.07%
CEIX	A	0.07%
NXST	C	0.07%
CC	C	0.06%
AVXL	B	0.06%
YELP	C	0.06%
OXM	F	0.06%
AVDX	B	0.06%
GPMT	C	0.06%
COTY	F	0.06%
S	B	0.06%
FN	C	0.06%
TNC	D	0.06%
NXT	C	0.06%
ILPT	F	0.06%
HWKN	B	0.06%
AMCX	C	0.06%
HCC	B	0.06%
CNX	A	0.06%
TRN	B	0.06%
MCY	A	0.06%
CTBI	B	0.06%
MPW	F	0.06%
BRBR	A	0.06%
ITCI	C	0.06%
FUN	C	0.06%
ASO	F	0.06%
LADR	B	0.06%
SOFI	B	0.06%
FLO	D	0.06%
RDN	D	0.06%
WTTR	A	0.06%
IRTC	C	0.06%
RYN	D	0.06%
ADEA	C	0.06%
BCO	F	0.06%
SFL	D	0.06%
AIV	C	0.06%
ADMA	B	0.06%
APPF	B	0.06%
OTTR	C	0.06%
HE	C	0.06%
UVV	B	0.06%
KD	B	0.06%
MED	D	0.06%
FOLD	F	0.05%
AVAV	C	0.05%
ACI	C	0.05%
FFIN	B	0.05%
CVBF	A	0.05%
PZZA	F	0.05%
LBTYK	A	0.05%
EHC	B	0.05%
BEAM	D	0.05%
CERS	D	0.05%
BLMN	F	0.05%
PATH	C	0.05%
HOUS	F	0.05%
MERC	F	0.05%
KOS	D	0.05%
SMTC	B	0.05%
THR	B	0.05%
APLS	F	0.05%
ASAN	B	0.05%
WBA	F	0.05%
PK	C	0.05%
MDXG	B	0.05%
LECO	C	0.05%
CENTA	C	0.05%
ARWR	D	0.04%
MAN	F	0.04%
STAG	D	0.04%
MDU	D	0.04%
DAWN	D	0.04%
CORZ	B	0.04%
DIN	C	0.04%
LPG	F	0.04%
FLYW	B	0.04%
AGS	A	0.04%
IDT	B	0.04%
ENS	F	0.04%
SANA	F	0.04%
TPB	B	0.04%
SAH	C	0.04%
ANAB	F	0.04%
NATL	B	0.04%
RVMD	C	0.04%
KLG	B	0.04%
CELH	F	0.04%
AGYS	A	0.04%
ROKU	D	0.04%
BILL	A	0.04%
CFFN	C	0.04%
HLF	C	0.04%
ANGI	F	0.04%
IBP	D	0.04%
NHI	D	0.04%
HSTM	B	0.04%
MMS	F	0.04%
TDS	B	0.04%
IOSP	C	0.04%
JANX	C	0.03%
SWIM	C	0.03%
GMED	A	0.03%
ALHC	C	0.03%
VIAV	C	0.03%
ALRM	C	0.03%
RDFN	D	0.03%
ADT	C	0.03%
LTH	C	0.03%
CHRD	D	0.03%
SUPN	C	0.03%
VNDA	C	0.03%
RGNX	D	0.03%
VCEL	B	0.03%
NX	C	0.03%
DNB	B	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	D	0.03%
CIEN	C	0.03%
VIRT	A	0.03%
QDEL	F	0.03%
REVG	C	0.03%
SNBR	F	0.03%
RYI	C	0.03%
CHWY	B	0.03%
IESC	C	0.03%
UDMY	D	0.03%
ARCH	B	0.03%
BRSP	C	0.03%
CDP	C	0.03%
ACCD	D	0.03%
IVR	F	0.03%
TCBI	C	0.03%
RPD	B	0.03%
SPRY	C	0.03%
ATRC	C	0.03%
CNS	B	0.03%
RLI	A	0.03%
RKT	F	0.03%
UVE	B	0.03%
NRC	F	0.03%
OI	C	0.03%
OLED	F	0.03%
CVI	F	0.03%
RXT	C	0.02%
ERAS	C	0.02%
CACI	D	0.02%
SLVM	B	0.02%
OSIS	A	0.02%
MSM	C	0.02%
TSE	F	0.02%
KVYO	C	0.02%
UNFI	A	0.02%
OMER	A	0.02%
VSTS	C	0.02%
BRY	F	0.02%
EVH	F	0.02%
PRO	C	0.02%
QRTEA	F	0.02%
GPRO	F	0.02%
SAFE	F	0.02%
KFY	B	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	C	0.02%
DAN	D	0.02%
DOCN	C	0.02%
ALAB	B	0.02%
EVRI	A	0.02%
NUS	D	0.02%
EPR	C	0.02%
BMBL	C	0.02%
OPI	F	0.02%
IRWD	F	0.02%
FSS	B	0.02%
WTFC	A	0.02%
MTW	C	0.02%
DY	D	0.02%
DBI	F	0.02%
LMAT	A	0.02%
PR	B	0.02%
RLJ	C	0.02%
PBF	D	0.02%
TLRY	F	0.02%
SITC	D	0.02%
SVC	F	0.02%
TWO	F	0.02%
CNDT	C	0.02%
OPEN	F	0.02%
AKRO	B	0.02%
PTCT	B	0.02%
GIII	D	0.02%
USNA	C	0.02%
LANC	C	0.02%
ARCB	C	0.02%
ALGM	D	0.01%
VAL	F	0.01%
DINO	D	0.01%
PGEN	F	0.01%
AIN	C	0.01%
ARR	D	0.01%
EPC	F	0.01%
SFIX	B	0.01%
POWI	F	0.01%
FLWS	D	0.01%
MBC	F	0.01%
BIGC	B	0.01%
MLAB	F	0.01%
GO	C	0.01%
JOBY	B	0.01%
UTL	B	0.01%
WTI	F	0.01%
ZUO	B	0.01%
NWN	A	0.01%
BKH	A	0.01%
CRAI	C	0.01%
SWI	C	0.01%
MITK	C	0.01%
NTLA	F	0.01%
VRE	B	0.01%
TR	B	0.01%
ROIV	C	0.01%
TTGT	B	0.01%
HCAT	D	0.01%
OIS	B	0.01%
RBRK	A	0.01%
NGVT	B	0.01%
ENVA	B	0.01%
HMST	F	0.01%
AXS	A	0.01%
CAKE	C	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GEF	A	0.01%
GWRE	A	0.01%
HTZ	C	0.01%
MBLY	C	0.01%
OSUR	F	0.01%
SWTX	C	0.01%
KALU	C	0.01%
PII	F	0.01%
NEXA	B	0.01%
BYD	B	0.01%
UPWK	B	0.01%
NFBK	C	0.01%
SHO	D	0.01%
AEIS	C	0.01%
MAGN	D	0.0%
MC	C	0.0%
SEE	C	0.0%
CHCO	B	0.0%
GDOT	D	0.0%
EGBN	B	0.0%
FULT	A	0.0%
EIG	B	0.0%
BOH	B	0.0%
DEI	B	0.0%
TRMK	C	0.0%
GNW	A	0.0%
PFBC	B	0.0%
PRDO	B	0.0%
BKU	A	0.0%
CMA	B	0.0%
AX	B	0.0%
OFG	B	0.0%

SMLF Underweight 247 Positions Relative to NUSC

Symbol	Grade	Weight
MUSA	B	-0.93%
LAD	A	-0.75%
FTI	A	-0.72%
FRPT	A	-0.67%
DAR	C	-0.64%
RGA	A	-0.63%
FMC	D	-0.57%
ARMK	B	-0.57%
AAON	B	-0.56%
ACIW	B	-0.56%
TRNO	F	-0.56%
REXR	F	-0.55%
AL	B	-0.5%
VVV	D	-0.49%
BFAM	D	-0.47%
FTDR	B	-0.42%
DLB	B	-0.42%
DXC	B	-0.38%
JLL	D	-0.37%
REZI	A	-0.35%
VLY	B	-0.35%
PJT	A	-0.35%
WHD	B	-0.34%
ICUI	D	-0.32%
EAT	A	-0.31%
MIR	A	-0.29%
RNA	C	-0.29%
CRVL	B	-0.28%
EPRT	B	-0.28%
CPK	A	-0.27%
SXT	C	-0.27%
MTX	B	-0.26%
VCTR	B	-0.26%
PRIM	A	-0.26%
ENV	B	-0.26%
PLMR	A	-0.25%
BXMT	C	-0.25%
ZD	B	-0.25%
RCM	A	-0.24%
COMP	B	-0.24%
PAR	A	-0.24%
JBT	B	-0.23%
ADTN	A	-0.22%
CNK	C	-0.22%
WDFC	B	-0.22%
CRNX	C	-0.22%
OMCL	C	-0.21%
PRCT	B	-0.21%
EFSC	B	-0.21%
MRCY	C	-0.2%
VYX	B	-0.19%
LBPH	A	-0.19%
STC	B	-0.19%
DV	C	-0.18%
LCII	C	-0.18%
FTRE	D	-0.17%
SHC	F	-0.17%
VSEC	C	-0.17%
RUN	F	-0.17%
WRBY	A	-0.17%
GBX	A	-0.16%
RDNT	B	-0.16%
HCP	B	-0.16%
WHR	B	-0.16%
SCL	C	-0.16%
ANDE	D	-0.15%
ROG	D	-0.15%
MRUS	F	-0.15%
PLUG	F	-0.15%
INDB	B	-0.15%
MYRG	B	-0.15%
LEVI	F	-0.15%
AAP	D	-0.15%
JAZZ	B	-0.15%
CSGS	B	-0.15%
TRIP	F	-0.14%
SJW	F	-0.14%
GERN	D	-0.14%
RXST	F	-0.14%
ESRT	C	-0.14%
IDYA	F	-0.14%
KTB	B	-0.14%
STBA	B	-0.14%
NEO	C	-0.13%
PLAY	D	-0.13%
ONB	C	-0.13%
LNN	B	-0.13%
HLIT	D	-0.13%
WT	A	-0.13%
WVE	C	-0.12%
PBI	B	-0.12%
SAVA	C	-0.12%
EWTX	C	-0.12%
MODG	F	-0.12%
IRDM	D	-0.12%
RXRX	F	-0.12%
QNST	B	-0.11%
AZTA	D	-0.11%
LNC	C	-0.11%
PEBO	B	-0.11%
DGII	C	-0.11%
ARVN	F	-0.11%
ARI	C	-0.11%
BZH	C	-0.1%
GBCI	B	-0.1%
JWN	D	-0.1%
AIR	B	-0.1%
ARQT	B	-0.1%
CFLT	B	-0.1%
IRON	B	-0.1%
ERII	D	-0.1%
PLYA	B	-0.09%
FA	C	-0.09%
WOLF	F	-0.09%
VVI	C	-0.09%
ADC	A	-0.09%
KYMR	D	-0.09%
PDFS	C	-0.09%
VRDN	D	-0.09%
KOP	C	-0.08%
CSTL	D	-0.08%
BHLB	B	-0.08%
NVCR	C	-0.08%
MBUU	B	-0.08%
EYE	C	-0.08%
MNRO	D	-0.08%
PRA	C	-0.08%
KBH	D	-0.08%
MYGN	F	-0.07%
SMP	C	-0.07%
LCID	F	-0.07%
KURA	F	-0.07%
SRRK	C	-0.07%
COLM	C	-0.07%
CDMO	A	-0.07%
IBCP	B	-0.07%
CECO	B	-0.07%
ESNT	F	-0.06%
BHE	C	-0.06%
FFBC	B	-0.06%
CWH	B	-0.06%
COGT	D	-0.06%
HZO	F	-0.06%
AMAL	B	-0.06%
INFN	D	-0.06%
ETNB	C	-0.06%
IART	C	-0.06%
SCHL	F	-0.06%
LPRO	B	-0.06%
RPAY	D	-0.06%
GOGO	C	-0.05%
TGI	B	-0.05%
ELVN	D	-0.05%
FIVE	F	-0.05%
WEAV	C	-0.05%
ETWO	F	-0.05%
LESL	D	-0.05%
EE	A	-0.05%
PNTG	D	-0.05%
BHB	C	-0.05%
PAHC	C	-0.05%
MLNK	C	-0.05%
MNMD	C	-0.05%
MCS	B	-0.05%
CTLP	B	-0.05%
THG	A	-0.05%
KTOS	B	-0.05%
VREX	B	-0.05%
PRTA	F	-0.05%
ADV	D	-0.04%
FNA	B	-0.04%
ALTR	B	-0.04%
XPOF	C	-0.04%
STAA	F	-0.04%
ATR	B	-0.04%
RUSHB	C	-0.04%
ZEUS	C	-0.04%
CCO	C	-0.04%
NOVA	F	-0.04%
HUMA	F	-0.04%
MAX	F	-0.04%
RBBN	C	-0.04%
ARKO	C	-0.04%
CMP	C	-0.04%
PLRX	D	-0.04%
RVNC	F	-0.04%
IMNM	F	-0.04%
HAFC	B	-0.04%
NRIX	C	-0.04%
RDUS	B	-0.04%
KE	C	-0.03%
DMRC	B	-0.03%
TITN	C	-0.03%
PRAA	D	-0.03%
MOV	D	-0.03%
FUL	F	-0.03%
VERV	F	-0.03%
PACK	B	-0.03%
CADE	B	-0.03%
LAZR	D	-0.03%
DEA	D	-0.03%
PFGC	B	-0.03%
SVRA	F	-0.03%
MGRC	B	-0.03%
MEI	F	-0.03%
BANR	B	-0.03%
DBX	B	-0.03%
TRDA	C	-0.03%
CCRN	F	-0.03%
NABL	F	-0.03%
TBPH	B	-0.03%
PHAT	F	-0.03%
CBL	B	-0.03%
GTN	F	-0.03%
CYRX	F	-0.03%
INFA	D	-0.02%
IMAX	B	-0.02%
BANC	B	-0.02%
HGV	C	-0.02%
ST	F	-0.02%
EWCZ	F	-0.02%
SBRA	C	-0.02%
RNST	B	-0.02%
FLGT	F	-0.02%
CTS	C	-0.02%
APAM	B	-0.02%
MTH	D	-0.02%
NNI	D	-0.02%
MWA	B	-0.02%
SIGI	C	-0.02%
ALEC	F	-0.02%
PLOW	D	-0.02%
HBI	B	-0.02%
CRMT	D	-0.02%
FRT	B	-0.02%
AHH	D	-0.02%
NMIH	C	-0.02%
SBH	C	-0.02%
FIBK	B	-0.02%
NUVB	C	-0.02%
EB	C	-0.02%
ATEX	F	-0.02%
TMCI	C	-0.02%
ESTA	D	-0.01%
AUB	B	-0.01%
LGF.A	C	-0.01%
LYEL	F	-0.01%