SMLF vs. REVS ETF Comparison

Comparison of iShares FactorSelect MSCI USA Small-Cap ETF (SMLF) to Columbia Research Enhanced Value ETF (REVS)

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

$73.06

Average Daily Volume

71,849

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

REVS

Columbia Research Enhanced Value ETF

REVS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta AdvantageÂ® Research Enhanced U.S. Value Index. The fund invests at least 80% of its assets in the securities of the index. The index reflects a rules-based strategic beta approach to investing in the companies that comprise the Russell 1000Â® Value Index, designed to achieve stronger total return when compared to the Russell 1000Â® Value Index, which is a broad measure of the performance of U.S. large- and mid-cap value companies.

Grade (RS Rating)

Last Trade

$26.74

Average Daily Volume

10,423

Number of Holdings ^*

304

* may have additional holdings in another (foreign) market

Performance

Period	SMLF	REVS
30 Days	10.53%	4.40%
60 Days	10.49%	6.20%
90 Days	11.95%	7.64%
12 Months	40.74%	31.68%

93 Overlapping Holdings

Symbol	Grade	Weight in SMLF	Weight in REVS	Overlap
ACI	C	0.05%	0.1%	0.05%
ACM	A	0.19%	0.16%	0.16%
AIZ	A	0.17%	0.11%	0.11%
ALGM	D	0.01%	0.04%	0.01%
ALSN	B	0.56%	0.11%	0.11%
AMG	B	0.23%	0.05%	0.05%
AMH	D	0.25%	0.16%	0.16%
ASH	D	0.07%	0.05%	0.05%
AXS	A	0.01%	0.06%	0.01%
AYI	B	0.35%	0.11%	0.11%
BILL	A	0.04%	0.1%	0.04%
BLD	D	0.21%	0.12%	0.12%
BRBR	A	0.06%	0.12%	0.06%
BRX	A	0.37%	0.12%	0.12%
CACI	D	0.02%	0.11%	0.02%
CIEN	B	0.03%	0.14%	0.03%
CNM	D	0.36%	0.03%	0.03%
COKE	C	0.22%	0.09%	0.09%
CROX	D	0.19%	0.06%	0.06%
CRUS	D	0.11%	0.08%	0.08%
CSL	C	0.41%	0.19%	0.19%
CVNA	B	0.46%	0.2%	0.2%
CW	B	0.23%	0.15%	0.15%
CWEN	C	0.15%	0.04%	0.04%
CWEN	C	0.15%	0.02%	0.02%
DCI	B	0.18%	0.1%	0.1%
DDS	B	0.31%	0.02%	0.02%
DINO	D	0.01%	0.04%	0.01%
DKS	C	0.38%	0.12%	0.12%
EEFT	B	0.09%	0.04%	0.04%
EME	C	0.94%	0.16%	0.16%
EPR	D	0.02%	0.04%	0.02%
ESAB	B	0.18%	0.07%	0.07%
EWBC	A	0.39%	0.13%	0.13%
EXEL	B	0.24%	0.01%	0.01%
FCNCA	A	0.27%	0.25%	0.25%
FHN	A	0.04%	0.1%	0.04%
GAP	C	0.23%	0.05%	0.05%
GLPI	C	0.18%	0.17%	0.17%
GNRC	B	0.15%	0.06%	0.06%
HIW	D	0.18%	0.04%	0.04%
HRB	D	0.4%	0.07%	0.07%
IONS	F	0.14%	0.0%	0.0%
JHG	A	0.31%	0.05%	0.05%
KRC	C	0.12%	0.06%	0.06%
LECO	B	0.05%	0.09%	0.05%
LPX	B	0.41%	0.03%	0.03%
LSCC	D	0.23%	0.01%	0.01%
M	D	0.19%	0.05%	0.05%
MIDD	C	0.08%	0.08%	0.08%
MSA	D	0.02%	0.07%	0.02%
MTG	C	0.09%	0.06%	0.06%
NNN	D	0.1%	0.1%	0.1%
NTNX	A	0.56%	0.18%	0.18%
NYT	C	0.12%	0.06%	0.06%
OC	A	0.18%	0.18%	0.18%
OLED	D	0.03%	0.06%	0.03%
OLN	D	0.09%	0.07%	0.07%
OZK	B	0.08%	0.05%	0.05%
PATH	C	0.05%	0.01%	0.01%
PK	B	0.05%	0.04%	0.04%
PRGO	B	0.04%	0.05%	0.04%
PSTG	D	0.29%	0.03%	0.03%
PVH	C	0.17%	0.06%	0.06%
R	B	0.28%	0.07%	0.07%
RL	B	0.15%	0.1%	0.1%
ROIV	C	0.01%	0.02%	0.01%
ROKU	D	0.04%	0.05%	0.04%
RPM	A	0.22%	0.19%	0.19%
RS	B	0.49%	0.25%	0.25%
RYN	D	0.06%	0.06%	0.06%
SF	B	0.17%	0.11%	0.11%
SLM	A	0.16%	0.05%	0.05%
SMG	D	0.19%	0.04%	0.04%
SOLV	C	0.31%	0.12%	0.12%
SON	D	0.09%	0.07%	0.07%
STAG	F	0.04%	0.09%	0.04%
THC	D	0.31%	0.18%	0.18%
THO	B	0.13%	0.07%	0.07%
TNL	A	0.16%	0.04%	0.04%
TOL	B	0.16%	0.18%	0.16%
TPR	B	0.3%	0.15%	0.15%
UGI	A	0.1%	0.09%	0.09%
UNM	A	0.0%	0.12%	0.0%
UTHR	C	0.38%	0.06%	0.06%
VIRT	B	0.03%	0.03%	0.03%
WCC	B	0.2%	0.1%	0.1%
WH	B	0.12%	0.08%	0.08%
WSM	B	0.42%	0.11%	0.11%
WTFC	A	0.02%	0.08%	0.02%
WYNN	D	0.07%	0.1%	0.07%
XRAY	F	0.2%	0.05%	0.05%
ZION	B	0.24%	0.08%	0.08%

SMLF Overweight 718 Positions Relative to REVS

Symbol	Grade	Weight
APP	B	1.49%
EVR	B	0.81%
MSTR	C	0.73%
DECK	A	0.72%
AXON	A	0.66%
SFM	A	0.6%
JBL	B	0.55%
BPOP	B	0.53%
MANH	D	0.5%
SLG	B	0.49%
MLI	C	0.49%
NVT	B	0.49%
IDA	A	0.46%
IBKR	A	0.45%
FIX	A	0.44%
DUOL	A	0.44%
COCO	B	0.43%
PCOR	B	0.42%
COOP	B	0.41%
IOT	A	0.41%
VNO	B	0.41%
ORI	A	0.41%
JEF	A	0.4%
NTRA	B	0.4%
LBRDA	C	0.4%
GTLB	B	0.39%
POWL	C	0.38%
MEDP	D	0.38%
AM	A	0.37%
WING	D	0.36%
WFRD	D	0.35%
CR	A	0.35%
PIPR	B	0.34%
CAVA	B	0.34%
WK	B	0.34%
LAMR	D	0.33%
HSII	B	0.31%
WSO	A	0.31%
ITT	A	0.31%
FLEX	A	0.31%
FR	C	0.31%
MAC	B	0.31%
ALKS	B	0.3%
SPXC	A	0.3%
CORT	B	0.3%
ANF	C	0.3%
CHE	D	0.3%
GGG	B	0.3%
EXE	B	0.29%
TTEK	F	0.29%
STRL	B	0.29%
PRI	A	0.28%
AGO	B	0.27%
INTA	A	0.27%
SN	D	0.27%
SMAR	A	0.26%
ESTC	C	0.26%
SIG	B	0.26%
GPK	C	0.26%
OVV	B	0.25%
MOD	A	0.25%
HURN	B	0.25%
CFR	B	0.25%
TPX	B	0.24%
CPRX	C	0.24%
CBSH	A	0.24%
TREX	C	0.24%
RMBS	C	0.24%
AN	C	0.24%
SKT	B	0.24%
HALO	F	0.24%
IMKTA	C	0.24%
ENTG	D	0.23%
YOU	D	0.23%
UFPI	B	0.23%
EXLS	B	0.23%
BCC	B	0.22%
SANM	B	0.22%
GPI	A	0.22%
APA	D	0.22%
WS	B	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	D	0.2%
ETSY	D	0.2%
LIVN	F	0.2%
RDDT	B	0.2%
ELF	C	0.2%
ATKR	C	0.2%
RRX	B	0.2%
AGCO	D	0.2%
DTM	B	0.2%
DNLI	D	0.2%
BBWI	D	0.2%
HAE	C	0.2%
TPG	A	0.2%
LUMN	C	0.2%
TEX	D	0.19%
RNG	B	0.19%
JOE	F	0.19%
NAVI	C	0.19%
GH	B	0.19%
MUR	D	0.19%
HAS	D	0.19%
RRC	B	0.19%
HLI	B	0.18%
PRGS	A	0.18%
KNSL	B	0.18%
XRX	F	0.18%
ARW	D	0.18%
TDOC	C	0.18%
NDSN	B	0.18%
VCYT	B	0.18%
USFD	A	0.18%
FROG	C	0.18%
AVNT	B	0.18%
MMYT	B	0.17%
VOYA	B	0.17%
ACLX	C	0.17%
TKR	D	0.17%
LNW	D	0.17%
BRC	D	0.17%
LNTH	D	0.17%
PDM	D	0.17%
PRG	C	0.17%
KRG	B	0.17%
RHI	B	0.17%
XPO	B	0.17%
EXTR	B	0.17%
PRKS	C	0.17%
JBSS	D	0.17%
KIM	A	0.16%
IVT	B	0.16%
SRCE	B	0.16%
ALLE	D	0.16%
BL	B	0.16%
BMI	B	0.16%
BJ	A	0.16%
WTM	A	0.16%
LRN	A	0.16%
CVCO	A	0.16%
GME	C	0.16%
CNO	A	0.16%
AGNC	D	0.16%
FAF	A	0.16%
OMF	A	0.16%
PGRE	F	0.16%
KFRC	D	0.16%
GATX	A	0.15%
LBTYA	B	0.15%
SBGI	B	0.15%
HOG	D	0.15%
ONON	A	0.15%
XNCR	B	0.15%
GES	F	0.15%
ONTO	D	0.15%
W	F	0.15%
VMI	B	0.15%
FTAI	B	0.15%
DOCS	C	0.15%
SPB	C	0.15%
ABG	B	0.15%
SKY	A	0.15%
ESI	A	0.15%
AMR	C	0.14%
UMBF	B	0.14%
RGLD	C	0.14%
ATI	D	0.14%
VSTO	A	0.14%
IGT	F	0.14%
BANF	B	0.14%
MMSI	B	0.14%
NOVT	D	0.14%
PI	D	0.14%
CMC	B	0.14%
BRKR	D	0.14%
NJR	A	0.14%
ENSG	D	0.14%
UA	C	0.14%
TTC	D	0.14%
YEXT	A	0.14%
PCTY	B	0.14%
SCI	B	0.14%
AY	B	0.14%
SPT	C	0.14%
SSD	D	0.14%
TPH	D	0.14%
BLKB	B	0.13%
VMEO	B	0.13%
BPMC	C	0.13%
IPAR	B	0.13%
NFG	A	0.13%
TNET	D	0.13%
ACCO	C	0.13%
OGS	A	0.13%
BRZE	C	0.13%
BWXT	B	0.13%
GOLF	B	0.13%
RYAN	B	0.13%
KAI	A	0.13%
BDN	C	0.13%
QLYS	C	0.13%
SFBS	B	0.13%
FYBR	D	0.13%
NUVL	D	0.13%
AA	B	0.13%
SR	A	0.12%
MAT	D	0.12%
INSP	D	0.12%
AROC	B	0.12%
AWR	B	0.12%
SAIA	B	0.12%
KBR	F	0.12%
GEO	B	0.12%
BASE	C	0.12%
SATS	D	0.12%
ACLS	F	0.12%
OGE	B	0.12%
GFF	A	0.12%
BKE	B	0.12%
WEN	D	0.12%
NOV	C	0.12%
AIT	A	0.12%
CBT	C	0.12%
BSY	D	0.12%
WAFD	B	0.12%
WTS	B	0.12%
NTCT	C	0.11%
FHI	A	0.11%
CYTK	F	0.11%
TXNM	A	0.11%
LAZ	B	0.11%
IBOC	A	0.11%
PARA	C	0.11%
SSTK	F	0.11%
PTEN	C	0.11%
OII	B	0.11%
DFIN	D	0.11%
LOVE	B	0.11%
CUBE	D	0.11%
MFA	D	0.11%
ACAD	D	0.11%
HTH	B	0.11%
CARG	C	0.11%
SPSC	C	0.11%
BAND	B	0.11%
ODP	F	0.11%
CHX	C	0.11%
APOG	B	0.11%
CXW	B	0.11%
MCB	B	0.11%
MDGL	B	0.11%
NSP	D	0.11%
BCRX	D	0.11%
KW	B	0.1%
MTRN	C	0.1%
ASB	B	0.1%
CHDN	B	0.1%
HP	B	0.1%
ACA	A	0.1%
DNOW	B	0.1%
BECN	B	0.1%
EXPI	C	0.1%
PNFP	B	0.1%
IVZ	B	0.1%
CRDO	B	0.1%
VECO	F	0.1%
CRC	B	0.1%
LSTR	D	0.1%
HUN	F	0.1%
ICFI	F	0.1%
HOV	D	0.1%
SYNA	C	0.1%
X	C	0.1%
ALX	D	0.1%
LYFT	C	0.1%
CMPR	D	0.1%
AGM	C	0.1%
WAL	B	0.1%
KLIC	B	0.1%
BERY	B	0.1%
INSM	C	0.1%
WMS	D	0.1%
VRNS	D	0.1%
HIMS	B	0.1%
VSH	D	0.09%
CXT	B	0.09%
MTSI	B	0.09%
WSC	D	0.09%
PHIN	A	0.09%
JACK	D	0.09%
MRC	B	0.09%
MTN	C	0.09%
PCVX	D	0.09%
HEES	B	0.09%
ATEN	B	0.09%
APG	B	0.09%
PBH	A	0.09%
HI	C	0.09%
LGND	B	0.09%
CAR	C	0.09%
VERA	B	0.09%
LZ	D	0.09%
FLG	C	0.09%
IDCC	A	0.09%
PLNT	A	0.09%
EGP	F	0.09%
BC	C	0.09%
ALIT	C	0.09%
TGNA	B	0.09%
TMHC	B	0.09%
OHI	C	0.09%
INVA	D	0.09%
COUR	F	0.09%
UPBD	B	0.09%
DVAX	C	0.09%
AMLX	C	0.09%
WEX	D	0.09%
CUBI	C	0.09%
CRS	A	0.09%
EXPO	D	0.09%
VC	D	0.08%
FIVN	C	0.08%
TENB	C	0.08%
LILA	D	0.08%
OPCH	D	0.08%
HWC	B	0.08%
CVLT	B	0.08%
VIR	D	0.08%
FLR	B	0.08%
RGEN	D	0.08%
PEGA	A	0.08%
CAL	D	0.08%
ELAN	D	0.08%
MKSI	C	0.08%
SCS	C	0.08%
OSCR	D	0.08%
FHB	A	0.08%
PD	C	0.08%
YETI	C	0.08%
KN	B	0.08%
MASI	A	0.08%
GMS	B	0.08%
WOR	F	0.08%
CACC	D	0.08%
DLX	B	0.08%
VFC	C	0.08%
BOX	B	0.08%
NSSC	D	0.08%
AGX	B	0.08%
CUZ	B	0.08%
KSS	F	0.08%
CARS	B	0.08%
BDC	B	0.08%
ALV	C	0.08%
CSWI	A	0.08%
CNMD	C	0.07%
AFRM	B	0.07%
UNIT	B	0.07%
CLH	B	0.07%
EQC	B	0.07%
DH	D	0.07%
HASI	D	0.07%
AMRX	C	0.07%
PEN	B	0.07%
EYPT	F	0.07%
MATV	D	0.07%
VAC	B	0.07%
RIG	D	0.07%
AMPH	D	0.07%
LXP	D	0.07%
POR	C	0.07%
AMPL	C	0.07%
FLNC	C	0.07%
WLY	B	0.07%
NBR	C	0.07%
EPAC	B	0.07%
NTB	B	0.07%
GKOS	B	0.07%
DOMO	C	0.07%
GCO	B	0.07%
KNF	A	0.07%
PLUS	F	0.07%
SM	B	0.07%
TXRH	C	0.07%
SNEX	B	0.07%
NARI	C	0.07%
CEIX	A	0.07%
NXST	C	0.07%
WNC	C	0.07%
NVST	B	0.06%
CC	C	0.06%
AVXL	B	0.06%
YELP	C	0.06%
OXM	D	0.06%
AVDX	B	0.06%
GPMT	C	0.06%
COTY	F	0.06%
S	B	0.06%
FN	D	0.06%
TNC	D	0.06%
NXT	C	0.06%
ILPT	D	0.06%
HWKN	B	0.06%
AMCX	C	0.06%
HCC	B	0.06%
CNX	A	0.06%
TRN	C	0.06%
STWD	C	0.06%
MCY	A	0.06%
CTBI	B	0.06%
MPW	F	0.06%
ITCI	C	0.06%
VKTX	F	0.06%
RUSHA	C	0.06%
FUN	C	0.06%
ASO	F	0.06%
LADR	B	0.06%
NSIT	F	0.06%
SOFI	A	0.06%
FLO	D	0.06%
RDN	C	0.06%
WTTR	B	0.06%
CASY	A	0.06%
IRTC	D	0.06%
ADEA	D	0.06%
BCO	D	0.06%
SFL	D	0.06%
AIV	C	0.06%
ADMA	B	0.06%
APPF	B	0.06%
AZEK	A	0.06%
OTTR	C	0.06%
HE	C	0.06%
UVV	B	0.06%
KD	B	0.06%
MED	F	0.06%
FOLD	F	0.05%
AVAV	D	0.05%
ITGR	B	0.05%
SNV	B	0.05%
FFIN	B	0.05%
CVBF	A	0.05%
SONO	C	0.05%
PZZA	D	0.05%
ITRI	B	0.05%
LBTYK	A	0.05%
EHC	B	0.05%
TILE	B	0.05%
BEAM	D	0.05%
SITE	D	0.05%
CERS	C	0.05%
AEO	F	0.05%
BLMN	F	0.05%
AMBC	C	0.05%
HOUS	D	0.05%
MERC	F	0.05%
KOS	F	0.05%
TARS	B	0.05%
SMTC	B	0.05%
ZIP	F	0.05%
VNT	B	0.05%
THR	B	0.05%
WBS	A	0.05%
APLS	D	0.05%
LFUS	F	0.05%
ASAN	C	0.05%
WBA	F	0.05%
MDXG	B	0.05%
WGO	C	0.05%
CENTA	C	0.05%
ARWR	F	0.04%
FCN	D	0.04%
MAN	D	0.04%
HPP	F	0.04%
MDU	D	0.04%
DAWN	F	0.04%
CORZ	A	0.04%
PFSI	D	0.04%
KREF	D	0.04%
OUT	A	0.04%
DIN	C	0.04%
LPG	F	0.04%
FLYW	C	0.04%
AGS	A	0.04%
IDT	B	0.04%
ENS	D	0.04%
SANA	F	0.04%
TPB	B	0.04%
SAH	A	0.04%
ANAB	F	0.04%
NATL	B	0.04%
HELE	C	0.04%
RVMD	C	0.04%
KLG	C	0.04%
CELH	F	0.04%
AGYS	A	0.04%
ARRY	C	0.04%
CFFN	B	0.04%
OMI	F	0.04%
HLF	C	0.04%
ANGI	D	0.04%
IBP	D	0.04%
NHI	D	0.04%
ACHC	F	0.04%
HSTM	B	0.04%
MMS	F	0.04%
BCPC	B	0.04%
TDS	B	0.04%
IOSP	B	0.04%
RCUS	F	0.04%
JANX	C	0.03%
SWIM	C	0.03%
AXTA	A	0.03%
GMED	A	0.03%
ALHC	C	0.03%
VIAV	B	0.03%
ALRM	C	0.03%
RDFN	D	0.03%
ADT	C	0.03%
MOG.A	B	0.03%
LTH	C	0.03%
CHRD	D	0.03%
SUPN	C	0.03%
FL	F	0.03%
VNDA	C	0.03%
RGNX	F	0.03%
EVTC	B	0.03%
VCEL	B	0.03%
NX	C	0.03%
EMBC	C	0.03%
DNB	B	0.03%
TGTX	B	0.03%
BBIO	F	0.03%
QXO	D	0.03%
OFIX	B	0.03%
XHR	B	0.03%
QDEL	F	0.03%
REVG	B	0.03%
SNBR	F	0.03%
RYI	C	0.03%
CHWY	B	0.03%
IESC	B	0.03%
UDMY	F	0.03%
ARCH	B	0.03%
SLAB	D	0.03%
BRSP	B	0.03%
CDP	C	0.03%
MGNI	A	0.03%
HNI	B	0.03%
AMN	F	0.03%
ACCD	D	0.03%
VITL	D	0.03%
CGEM	F	0.03%
IVR	F	0.03%
TCBI	B	0.03%
RPD	C	0.03%
SPRY	D	0.03%
ATRC	C	0.03%
CNS	B	0.03%
RLI	B	0.03%
RKT	F	0.03%
UVE	B	0.03%
NRC	F	0.03%
OI	C	0.03%
BKD	D	0.03%
CVI	F	0.03%
RXT	C	0.02%
ERAS	C	0.02%
WOOF	D	0.02%
SSB	B	0.02%
SLVM	B	0.02%
OSIS	B	0.02%
MSM	C	0.02%
TSE	F	0.02%
KVYO	C	0.02%
UNFI	A	0.02%
ARCT	F	0.02%
OMER	A	0.02%
VSTS	C	0.02%
BRY	F	0.02%
DYN	F	0.02%
EVH	F	0.02%
PRO	C	0.02%
RAMP	C	0.02%
QRTEA	F	0.02%
GPRO	F	0.02%
SAFE	D	0.02%
KFY	B	0.02%
JELD	F	0.02%
EDR	A	0.02%
KRNY	B	0.02%
DAN	D	0.02%
DOCN	D	0.02%
ALAB	B	0.02%
EVRI	A	0.02%
NWL	B	0.02%
NUS	D	0.02%
BMBL	C	0.02%
OPI	F	0.02%
IRWD	F	0.02%
FSS	B	0.02%
MTW	C	0.02%
DY	D	0.02%
DBI	F	0.02%
LMAT	A	0.02%
CLVT	F	0.02%
PR	B	0.02%
RLJ	C	0.02%
PBF	D	0.02%
CRSP	D	0.02%
TLRY	F	0.02%
SITC	D	0.02%
SVC	F	0.02%
TWO	D	0.02%
CNDT	C	0.02%
OPEN	D	0.02%
SNDX	F	0.02%
WD	D	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%
PDCO	D	0.02%
CALX	D	0.02%
CWK	B	0.01%
VAL	D	0.01%
PGEN	F	0.01%
AIN	C	0.01%
ARR	D	0.01%
PEB	D	0.01%
JAMF	F	0.01%
PCH	D	0.01%
EPC	D	0.01%
SFIX	B	0.01%
POWI	D	0.01%
FLWS	F	0.01%
TDC	D	0.01%
XPRO	F	0.01%
MBC	D	0.01%
BIGC	C	0.01%
MLAB	D	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	B	0.01%
SWI	B	0.01%
MITK	C	0.01%
NTLA	F	0.01%
VRE	B	0.01%
TR	B	0.01%
TTGT	C	0.01%
SWX	B	0.01%
HCAT	D	0.01%
OIS	C	0.01%
RBRK	A	0.01%
NGVT	B	0.01%
HQY	B	0.01%
ENVA	B	0.01%
HMST	D	0.01%
CAKE	C	0.01%
STGW	B	0.01%
OLPX	D	0.01%
ENR	B	0.01%
BSIG	A	0.01%
GEF	A	0.01%
GWRE	A	0.01%
RHP	B	0.01%
PYCR	C	0.01%
ASGN	F	0.01%
HTZ	C	0.01%
MBLY	C	0.01%
OSUR	F	0.01%
HAIN	C	0.01%
SWTX	C	0.01%
KALU	C	0.01%
PII	D	0.01%
NEXA	C	0.01%
BYD	C	0.01%
UPWK	B	0.01%
HXL	D	0.01%
NFBK	B	0.01%
SHO	C	0.01%
AEIS	B	0.01%
MAGN	F	0.0%
BFH	B	0.0%
MC	C	0.0%
SEE	C	0.0%
CHCO	B	0.0%
GDOT	D	0.0%
NBTB	B	0.0%
EGBN	B	0.0%
FULT	A	0.0%
EIG	B	0.0%
JXN	C	0.0%
BOH	B	0.0%
DEI	B	0.0%
TRMK	B	0.0%
GNW	A	0.0%
PFBC	B	0.0%
CASH	A	0.0%
TBBK	B	0.0%
FBP	B	0.0%
PRDO	B	0.0%
BKU	A	0.0%
CMA	A	0.0%
AX	A	0.0%
OFG	B	0.0%

SMLF Underweight 211 Positions Relative to REVS

Symbol	Grade	Weight
JPM	A	-5.41%
JNJ	D	-4.62%
CSCO	B	-3.43%
XOM	B	-3.14%
BAC	A	-2.95%
PM	B	-2.49%
WFC	A	-2.44%
CAT	B	-1.74%
CVX	A	-1.61%
BMY	B	-1.45%
DIS	B	-1.41%
BLK	C	-1.4%
MDT	D	-1.34%
C	A	-1.23%
MO	A	-1.16%
T	A	-1.09%
CMCSA	B	-1.09%
EQIX	A	-1.08%
UPS	C	-1.05%
CI	F	-1.03%
MMC	B	-0.88%
LMT	D	-0.84%
UNP	C	-0.8%
CME	A	-0.78%
PCG	A	-0.76%
CSX	B	-0.73%
FDX	B	-0.7%
CRM	B	-0.68%
TT	A	-0.67%
TGT	F	-0.67%
EXC	C	-0.65%
ABBV	D	-0.65%
XEL	A	-0.65%
TJX	A	-0.65%
MSI	B	-0.63%
MMM	D	-0.62%
PCAR	B	-0.62%
HCA	F	-0.6%
MCK	B	-0.58%
DHI	D	-0.57%
SPG	B	-0.57%
EIX	B	-0.55%
BK	A	-0.54%
CMI	A	-0.54%
ETR	B	-0.54%
NUE	C	-0.5%
DELL	C	-0.47%
LEN	D	-0.47%
KR	B	-0.46%
DAL	C	-0.45%
MET	A	-0.45%
EOG	A	-0.45%
OTIS	C	-0.44%
GIS	D	-0.43%
CL	D	-0.42%
SW	A	-0.42%
HPE	B	-0.42%
DTE	C	-0.42%
GILD	C	-0.41%
ALL	A	-0.41%
PRU	A	-0.41%
ROST	C	-0.41%
AEE	A	-0.41%
PPG	F	-0.4%
CSGP	D	-0.4%
HPQ	B	-0.4%
CNC	D	-0.39%
WAB	B	-0.37%
HLT	A	-0.36%
EBAY	D	-0.36%
UAL	A	-0.34%
KMB	D	-0.33%
KHC	F	-0.33%
PSX	C	-0.32%
MPC	D	-0.32%
ZM	B	-0.31%
ADM	D	-0.31%
MTD	D	-0.31%
NVR	D	-0.31%
PKG	A	-0.31%
PHM	D	-0.31%
PAYX	C	-0.31%
CCL	B	-0.3%
STLD	B	-0.3%
EA	A	-0.3%
SBAC	D	-0.3%
LYB	F	-0.3%
FTV	C	-0.29%
WY	D	-0.29%
WTW	B	-0.29%
FITB	A	-0.29%
NI	A	-0.28%
RJF	A	-0.28%
STT	A	-0.27%
GPN	B	-0.27%
REGN	F	-0.27%
INVH	D	-0.27%
K	A	-0.26%
VLO	C	-0.26%
LDOS	C	-0.24%
SYF	B	-0.24%
TROW	B	-0.24%
EVRG	A	-0.24%
VRTX	F	-0.23%
GEN	B	-0.23%
ARE	D	-0.23%
CF	B	-0.23%
HOLX	D	-0.22%
BAX	D	-0.21%
NTAP	C	-0.21%
BLDR	D	-0.21%
FFIV	B	-0.21%
VRSN	F	-0.21%
TWLO	A	-0.2%
SWKS	F	-0.2%
FANG	D	-0.2%
OXY	D	-0.2%
CBOE	B	-0.2%
SNA	A	-0.2%
VTRS	A	-0.19%
EPAM	C	-0.18%
MAS	D	-0.18%
AVTR	F	-0.17%
SSNC	B	-0.17%
JNPR	F	-0.17%
AMAT	F	-0.17%
HST	C	-0.16%
FTNT	C	-0.16%
AES	F	-0.16%
QCOM	F	-0.16%
WPC	D	-0.16%
BG	F	-0.15%
CAH	B	-0.15%
EXPD	D	-0.15%
CAG	D	-0.15%
RGA	A	-0.14%
L	A	-0.14%
SWK	D	-0.14%
BKNG	A	-0.13%
TAP	C	-0.13%
EG	C	-0.13%
RPRX	D	-0.13%
AMGN	D	-0.13%
SNX	C	-0.13%
CTRA	B	-0.12%
ARMK	B	-0.12%
JLL	D	-0.11%
INGR	B	-0.11%
MOS	F	-0.11%
ADP	B	-0.1%
OKTA	C	-0.1%
MGM	D	-0.1%
SKX	D	-0.09%
FLS	B	-0.09%
BIIB	F	-0.09%
GL	B	-0.09%
QRVO	F	-0.09%
JAZZ	B	-0.09%
AOS	F	-0.09%
MRO	B	-0.09%
KEX	C	-0.08%
MHK	D	-0.08%
G	B	-0.08%
CE	F	-0.08%
SAIC	F	-0.07%
FOXA	B	-0.07%
FTI	A	-0.07%
CRBG	B	-0.07%
SEIC	B	-0.07%
NWSA	B	-0.07%
BEN	C	-0.06%
AZO	C	-0.06%
COLB	A	-0.06%
WLK	D	-0.06%
LEA	D	-0.06%
DBX	B	-0.06%
BMRN	D	-0.05%
MRNA	F	-0.05%
OGN	D	-0.05%
GTES	A	-0.05%
NEU	C	-0.05%
CLF	F	-0.05%
MTCH	D	-0.05%
LNC	B	-0.05%
XP	F	-0.05%
FOX	A	-0.04%
INCY	C	-0.04%
CTAS	B	-0.04%
SIRI	C	-0.04%
AMKR	D	-0.04%
SAM	C	-0.03%
WU	D	-0.03%
PINC	B	-0.03%
AZTA	D	-0.03%
COLM	B	-0.03%
EXP	A	-0.03%
REYN	D	-0.02%
LEN	D	-0.02%
CRI	D	-0.02%
TER	D	-0.02%
CIVI	D	-0.02%
EXAS	D	-0.02%
PPC	C	-0.02%
NWS	B	-0.02%
ADTN	A	-0.02%
INFA	D	-0.02%
BR	A	-0.02%
SEB	F	-0.01%
CNA	B	-0.01%
ALNY	D	-0.01%
PLTK	B	-0.0%