SPSM vs. OMFS ETF Comparison

Comparison of SPDR Portfolio Small Cap ETF (SPSM) to Invesco Russell 2000 Dynamic Multifactor ETF (OMFS)

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.44

Average Daily Volume

1,581,869

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

OMFS

Invesco Russell 2000 Dynamic Multifactor ETF

OMFS Description

The investment seeks to track the investment results (before fees and expenses) of the Russell 2000® Invesco Dynamic Multifactor Index. The fund generally will invest at least 80% of its total assets in the securities that comprise the underlying index. The underlying index is designed to select equity securities from within the Russell 2000 Index, which measures the performance of 2,000 small-capitalization companies in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.22

Average Daily Volume

27,854

Number of Holdings ^*

645

* may have additional holdings in another (foreign) market

Performance

Period	SPSM	OMFS
30 Days	6.50%	8.10%
60 Days	5.60%	8.91%
90 Days	6.02%	10.30%
12 Months	30.13%	24.77%

336 Overlapping Holdings

Symbol	Grade	Weight in SPSM	Weight in OMFS	Overlap
AAT	B	0.09%	0.13%	0.09%
ABCB	B	0.32%	0.36%	0.32%
ABM	B	0.24%	0.18%	0.18%
ABR	C	0.2%	0.06%	0.06%
ACA	A	0.36%	0.13%	0.13%
ACIW	B	0.41%	0.35%	0.35%
ADMA	B	0.32%	0.09%	0.09%
ADUS	D	0.15%	0.18%	0.15%
AEIS	C	0.29%	0.04%	0.04%
AEO	F	0.23%	0.31%	0.23%
AGYS	A	0.19%	0.08%	0.08%
AHH	D	0.05%	0.03%	0.03%
AIN	C	0.18%	0.03%	0.03%
AIR	B	0.17%	0.03%	0.03%
AKR	B	0.19%	0.2%	0.19%
ALEX	B	0.1%	0.04%	0.04%
ALG	B	0.14%	0.08%	0.08%
ALKS	C	0.32%	0.08%	0.08%
ALRM	C	0.21%	0.09%	0.09%
AMSF	B	0.08%	0.04%	0.04%
AMWD	C	0.11%	0.12%	0.11%
ANDE	D	0.11%	0.14%	0.11%
ANIP	F	0.06%	0.08%	0.06%
AORT	B	0.07%	0.04%	0.04%
APAM	B	0.23%	0.3%	0.23%
APLE	B	0.25%	0.08%	0.08%
APOG	C	0.13%	0.26%	0.13%
ARCB	C	0.18%	0.04%	0.04%
ARCH	B	0.21%	0.08%	0.08%
ARI	C	0.08%	0.04%	0.04%
AROC	A	0.29%	0.13%	0.13%
ASO	F	0.24%	0.18%	0.18%
ASTE	C	0.06%	0.02%	0.02%
ASTH	F	0.12%	0.19%	0.12%
ATEN	A	0.09%	0.08%	0.08%
ATGE	B	0.23%	0.34%	0.23%
AUB	B	0.27%	0.2%	0.2%
AVA	A	0.22%	0.06%	0.06%
AVAV	C	0.39%	0.36%	0.36%
AWR	B	0.23%	0.05%	0.05%
AX	B	0.31%	0.35%	0.31%
AZZ	A	0.18%	0.48%	0.18%
B	A	0.15%	0.06%	0.06%
BANF	B	0.17%	0.05%	0.05%
BANR	B	0.18%	0.08%	0.08%
BCC	B	0.39%	0.09%	0.09%
BCPC	B	0.41%	0.29%	0.29%
BDN	C	0.06%	0.03%	0.03%
BFH	C	0.2%	0.04%	0.04%
BFS	C	0.03%	0.03%	0.03%
BGC	C	0.29%	0.25%	0.25%
BHE	C	0.12%	0.14%	0.12%
BHLB	B	0.09%	0.03%	0.03%
BKE	B	0.1%	0.09%	0.09%
BKU	A	0.22%	0.16%	0.16%
BL	B	0.21%	0.04%	0.04%
BMI	B	0.45%	0.82%	0.45%
BOH	B	0.22%	0.19%	0.19%
BOOT	C	0.29%	0.14%	0.14%
BOX	B	0.35%	0.14%	0.14%
BRKL	B	0.08%	0.04%	0.04%
BXMT	C	0.22%	0.09%	0.09%
CAKE	C	0.16%	0.09%	0.09%
CALM	A	0.27%	0.88%	0.27%
CALX	D	0.12%	0.03%	0.03%
CASH	B	0.14%	0.07%	0.07%
CATY	B	0.26%	0.17%	0.17%
CBU	B	0.25%	0.07%	0.07%
CEIX	A	0.24%	0.1%	0.1%
CENT	C	0.03%	0.03%	0.03%
CENTA	C	0.12%	0.1%	0.1%
CHCO	B	0.13%	0.1%	0.1%
CNS	B	0.19%	0.27%	0.19%
COLL	F	0.07%	0.12%	0.07%
COOP	B	0.45%	0.72%	0.45%
CORT	B	0.35%	1.12%	0.35%
CPF	B	0.06%	0.06%	0.06%
CPRX	C	0.17%	0.2%	0.17%
CRS	B	0.64%	0.57%	0.57%
CRVL	B	0.23%	0.65%	0.23%
CSR	B	0.08%	0.1%	0.08%
CSWI	B	0.48%	1.2%	0.48%
CTRE	C	0.36%	0.26%	0.26%
CTS	C	0.12%	0.12%	0.12%
CUBI	B	0.11%	0.07%	0.07%
CVBF	A	0.21%	0.18%	0.18%
CVCO	A	0.27%	0.15%	0.15%
CWK	C	0.23%	0.21%	0.21%
CWT	C	0.21%	0.05%	0.05%
CXM	C	0.07%	0.04%	0.04%
CXW	C	0.17%	0.13%	0.13%
DCOM	B	0.09%	0.05%	0.05%
DEA	D	0.08%	0.03%	0.03%
DEI	B	0.21%	0.17%	0.17%
DFIN	D	0.11%	0.11%	0.11%
DLX	B	0.07%	0.04%	0.04%
DNOW	B	0.11%	0.09%	0.09%
DORM	B	0.26%	0.19%	0.19%
DXPE	C	0.06%	0.04%	0.04%
DY	D	0.41%	0.08%	0.08%
EAT	A	0.39%	0.06%	0.06%
EIG	B	0.09%	0.09%	0.09%
ELME	D	0.1%	0.05%	0.05%
ENR	B	0.16%	0.03%	0.03%
ENV	B	0.23%	0.1%	0.1%
ENVA	B	0.19%	0.06%	0.06%
EPAC	C	0.18%	0.21%	0.18%
EPC	F	0.12%	0.02%	0.02%
EPRT	B	0.42%	0.25%	0.25%
ESE	B	0.27%	0.19%	0.19%
ETD	C	0.05%	0.03%	0.03%
EVTC	B	0.16%	0.02%	0.02%
FBK	C	0.14%	0.14%	0.14%
FBNC	B	0.13%	0.04%	0.04%
FBP	C	0.24%	0.32%	0.24%
FBRT	D	0.07%	0.04%	0.04%
FCF	B	0.14%	0.06%	0.06%
FCPT	C	0.19%	0.12%	0.12%
FDP	B	0.08%	0.04%	0.04%
FELE	B	0.3%	0.22%	0.22%
FFBC	B	0.2%	0.11%	0.11%
FL	F	0.13%	0.08%	0.08%
FORM	D	0.21%	0.22%	0.21%
FSS	B	0.39%	0.95%	0.39%
FTDR	B	0.3%	0.19%	0.19%
FUL	F	0.29%	0.1%	0.1%
FULT	A	0.27%	0.32%	0.27%
GBX	A	0.14%	0.14%	0.14%
GEO	B	0.26%	0.4%	0.26%
GFF	A	0.22%	0.34%	0.22%
GKOS	B	0.54%	0.12%	0.12%
GMS	B	0.28%	0.33%	0.28%
GNW	A	0.23%	0.13%	0.13%
GPI	B	0.37%	0.04%	0.04%
GRBK	D	0.15%	0.03%	0.03%
GSHD	A	0.2%	0.09%	0.09%
GTY	A	0.11%	0.04%	0.04%
GVA	A	0.3%	0.04%	0.04%
HASI	D	0.23%	0.21%	0.21%
HBI	B	0.21%	0.05%	0.05%
HCC	B	0.25%	0.16%	0.16%
HCI	C	0.07%	0.1%	0.07%
HELE	C	0.11%	0.04%	0.04%
HFWA	C	0.06%	0.03%	0.03%
HIMS	B	0.28%	0.21%	0.21%
HMN	B	0.12%	0.11%	0.11%
HOPE	C	0.12%	0.12%	0.12%
HP	C	0.24%	0.1%	0.1%
HRMY	D	0.09%	0.03%	0.03%
HSII	B	0.06%	0.08%	0.06%
HSTM	B	0.05%	0.05%	0.05%
HTH	C	0.1%	0.04%	0.04%
HWKN	B	0.17%	0.21%	0.17%
IART	C	0.11%	0.02%	0.02%
IBP	D	0.34%	0.2%	0.2%
IBTX	B	0.16%	0.08%	0.08%
IDCC	B	0.33%	0.37%	0.33%
IIIN	C	0.04%	0.02%	0.02%
IIPR	D	0.21%	0.44%	0.21%
INDB	B	0.22%	0.13%	0.13%
INVA	D	0.07%	0.05%	0.05%
IOSP	C	0.21%	0.31%	0.21%
IPAR	B	0.16%	0.06%	0.06%
IRWD	F	0.04%	0.05%	0.04%
ITGR	B	0.32%	0.34%	0.32%
ITRI	C	0.37%	0.26%	0.26%
JBGS	F	0.09%	0.06%	0.06%
JBSS	F	0.05%	0.02%	0.02%
JJSF	C	0.18%	0.11%	0.11%
JOE	F	0.14%	0.18%	0.14%
JXN	C	0.54%	0.68%	0.54%
KALU	C	0.09%	0.03%	0.03%
KAR	B	0.15%	0.08%	0.08%
KELYA	F	0.03%	0.06%	0.03%
KFY	B	0.28%	0.45%	0.28%
KMT	B	0.16%	0.04%	0.04%
KOP	C	0.06%	0.02%	0.02%
KRYS	C	0.32%	0.12%	0.12%
KTB	B	0.32%	0.47%	0.32%
KWR	C	0.16%	0.05%	0.05%
LBRT	D	0.21%	0.03%	0.03%
LGND	C	0.15%	0.03%	0.03%
LKFN	C	0.13%	0.1%	0.1%
LMAT	A	0.15%	0.23%	0.15%
LNN	B	0.1%	0.02%	0.02%
LPG	F	0.07%	0.16%	0.07%
LQDT	B	0.04%	0.03%	0.03%
LRN	A	0.31%	0.27%	0.27%
LTC	B	0.12%	0.15%	0.12%
LXP	D	0.19%	0.08%	0.08%
LZB	B	0.13%	0.2%	0.13%
MAC	B	0.3%	0.05%	0.05%
MATX	C	0.37%	0.21%	0.21%
MC	C	0.37%	0.19%	0.19%
MCY	A	0.14%	0.25%	0.14%
MGEE	B	0.27%	0.06%	0.06%
MGY	A	0.37%	0.05%	0.05%
MHO	D	0.3%	0.04%	0.04%
MLI	B	0.73%	0.58%	0.58%
MLKN	F	0.12%	0.11%	0.11%
MMI	C	0.07%	0.03%	0.03%
MMSI	A	0.43%	0.21%	0.21%
MOG.A	B	0.45%	0.3%	0.3%
MTH	D	0.46%	0.1%	0.1%
MTRN	C	0.17%	0.03%	0.03%
MTUS	C	0.04%	0.01%	0.01%
MTX	B	0.18%	0.21%	0.18%
MYRG	B	0.17%	0.24%	0.17%
NARI	C	0.18%	0.02%	0.02%
NATL	B	0.15%	0.06%	0.06%
NBHC	C	0.13%	0.1%	0.1%
NBTB	B	0.16%	0.11%	0.11%
NGVT	B	0.12%	0.03%	0.03%
NHC	C	0.11%	0.49%	0.11%
NMIH	C	0.21%	0.29%	0.21%
NPK	B	0.03%	0.03%	0.03%
NPO	A	0.25%	0.16%	0.16%
NSIT	F	0.3%	0.02%	0.02%
NWBI	B	0.13%	0.07%	0.07%
NWN	A	0.11%	0.03%	0.03%
OFG	B	0.14%	0.18%	0.14%
OSIS	A	0.17%	0.06%	0.06%
OTTR	C	0.24%	0.12%	0.12%
OXM	F	0.08%	0.07%	0.07%
PAYO	A	0.19%	0.16%	0.16%
PBH	A	0.29%	0.17%	0.17%
PEB	D	0.11%	0.03%	0.03%
PECO	A	0.34%	0.22%	0.22%
PFBC	B	0.08%	0.13%	0.08%
PFS	B	0.2%	0.05%	0.05%
PI	D	0.28%	0.03%	0.03%
PIPR	A	0.38%	0.72%	0.38%
PJT	A	0.26%	0.43%	0.26%
PLAB	C	0.11%	0.08%	0.08%
PLMR	A	0.2%	0.19%	0.19%
PLUS	F	0.15%	0.21%	0.15%
PLXS	B	0.3%	0.25%	0.25%
PMT	C	0.08%	0.02%	0.02%
POWL	C	0.19%	0.13%	0.13%
PPBI	C	0.19%	0.11%	0.11%
PRDO	B	0.12%	0.2%	0.12%
PRK	B	0.2%	0.27%	0.2%
PSMT	D	0.16%	0.22%	0.16%
QNST	B	0.08%	0.09%	0.08%
RAMP	B	0.13%	0.04%	0.04%
RDN	D	0.36%	0.51%	0.36%
RDNT	B	0.37%	0.18%	0.18%
REZI	A	0.27%	0.03%	0.03%
RGR	F	0.05%	0.03%	0.03%
RNST	B	0.17%	0.07%	0.07%
ROCK	C	0.15%	0.19%	0.15%
ROIC	A	0.16%	0.06%	0.06%
RUSHA	C	0.27%	0.12%	0.12%
RWT	D	0.07%	0.02%	0.02%
SAFT	B	0.09%	0.07%	0.07%
SANM	B	0.3%	0.23%	0.23%
SBCF	B	0.18%	0.08%	0.08%
SBSI	C	0.07%	0.03%	0.03%
SCHL	F	0.04%	0.03%	0.03%
SCSC	C	0.08%	0.04%	0.04%
SCVL	F	0.04%	0.03%	0.03%
SEM	B	0.27%	0.07%	0.07%
SFBS	C	0.33%	0.33%	0.33%
SFNC	C	0.22%	0.08%	0.08%
SHAK	C	0.33%	0.13%	0.13%
SHO	D	0.15%	0.15%	0.15%
SHOO	F	0.22%	0.13%	0.13%
SIG	B	0.3%	0.14%	0.14%
SKT	A	0.28%	0.23%	0.23%
SKYW	C	0.31%	0.04%	0.04%
SLG	B	0.35%	0.23%	0.23%
SLP	D	0.03%	0.02%	0.02%
SLVM	B	0.21%	0.14%	0.14%
SMP	C	0.05%	0.02%	0.02%
SMPL	B	0.24%	0.09%	0.09%
SMTC	B	0.24%	0.31%	0.24%
SNEX	B	0.2%	0.14%	0.14%
SONO	C	0.11%	0.02%	0.02%
SPNT	B	0.1%	0.12%	0.1%
SPSC	D	0.47%	0.18%	0.18%
STBA	B	0.11%	0.09%	0.09%
STC	B	0.14%	0.18%	0.14%
STEP	C	0.29%	0.35%	0.29%
STRA	C	0.17%	0.25%	0.17%
SUPN	C	0.14%	0.03%	0.03%
SWI	C	0.05%	0.02%	0.02%
SXC	A	0.07%	0.05%	0.05%
SXI	B	0.17%	0.17%	0.17%
SXT	C	0.23%	0.08%	0.08%
TBBK	B	0.19%	0.03%	0.03%
TDS	B	0.22%	0.05%	0.05%
TDW	F	0.18%	0.04%	0.04%
TFIN	B	0.15%	0.1%	0.1%
TGNA	B	0.21%	0.06%	0.06%
THRM	F	0.09%	0.02%	0.02%
THRY	D	0.03%	0.01%	0.01%
TILE	B	0.1%	0.06%	0.06%
TMDX	F	0.19%	0.03%	0.03%
TNC	D	0.12%	0.28%	0.12%
TPH	D	0.28%	0.03%	0.03%
TRMK	C	0.16%	0.21%	0.16%
TRN	B	0.22%	0.2%	0.2%
TTMI	C	0.17%	0.06%	0.06%
UCB	A	0.28%	0.1%	0.1%
UE	B	0.2%	0.29%	0.2%
UFPT	C	0.14%	0.28%	0.14%
UNF	B	0.21%	0.1%	0.1%
UNIT	B	0.1%	0.03%	0.03%
URBN	C	0.16%	0.2%	0.16%
USPH	B	0.1%	0.02%	0.02%
UTL	B	0.07%	0.02%	0.02%
UVV	B	0.1%	0.03%	0.03%
VBTX	B	0.11%	0.04%	0.04%
VCEL	B	0.18%	0.15%	0.15%
VECO	F	0.11%	0.03%	0.03%
VRRM	F	0.27%	0.18%	0.18%
VRTS	B	0.11%	0.07%	0.07%
VSCO	C	0.2%	0.06%	0.06%
VSTO	A	0.18%	0.11%	0.11%
VYX	B	0.14%	0.04%	0.04%
WABC	B	0.11%	0.13%	0.11%
WAFD	B	0.21%	0.09%	0.09%
WD	D	0.24%	0.25%	0.24%
WDFC	B	0.27%	0.18%	0.18%
WERN	C	0.17%	0.03%	0.03%
WOR	F	0.09%	0.17%	0.09%
WS	C	0.11%	0.04%	0.04%
WSFS	B	0.24%	0.17%	0.17%
WSR	A	0.05%	0.09%	0.05%
WT	A	0.1%	0.15%	0.1%
WWW	A	0.12%	0.03%	0.03%
XHR	B	0.11%	0.05%	0.05%
XRX	F	0.07%	0.03%	0.03%
YELP	C	0.17%	0.11%	0.11%
ZD	B	0.18%	0.02%	0.02%
ZWS	B	0.4%	0.59%	0.4%

SPSM Overweight 250 Positions Relative to OMFS

Symbol	Grade	Weight
CMA	B	0.64%
LUMN	C	0.59%
RHI	C	0.53%
BBWI	C	0.5%
ATI	C	0.5%
AWI	A	0.48%
ALK	B	0.47%
VFC	C	0.46%
LNC	C	0.42%
ETSY	D	0.41%
MARA	B	0.38%
INSP	D	0.37%
AL	B	0.36%
SEE	C	0.36%
SM	B	0.36%
ABG	C	0.36%
GTES	A	0.34%
AGO	B	0.32%
WHD	B	0.31%
ICUI	D	0.3%
NOG	B	0.29%
OGN	F	0.28%
TGTX	B	0.28%
CRC	A	0.28%
SITM	B	0.27%
JBT	B	0.27%
MDU	D	0.27%
MSGS	A	0.26%
NWL	C	0.26%
RXO	D	0.26%
DXC	B	0.25%
HIW	C	0.24%
BTU	B	0.24%
IAC	F	0.24%
CCOI	B	0.24%
CNK	C	0.24%
FHB	B	0.24%
BRC	D	0.22%
HUBG	A	0.22%
CARG	B	0.22%
CPK	A	0.21%
LCII	C	0.21%
PATK	C	0.21%
VIRT	A	0.21%
PTEN	C	0.21%
PENN	C	0.21%
OII	B	0.2%
PRGS	A	0.2%
SATS	D	0.2%
AMR	C	0.19%
DV	C	0.19%
DIOD	D	0.18%
OUT	A	0.18%
KLIC	B	0.18%
MPW	F	0.18%
HNI	B	0.18%
CCS	D	0.17%
PINC	B	0.17%
ACLS	F	0.17%
YOU	D	0.17%
PTGX	D	0.17%
AAP	D	0.17%
BANC	B	0.16%
RUN	F	0.16%
MP	C	0.16%
HI	C	0.16%
CWEN	C	0.16%
HAYW	B	0.16%
DOCN	C	0.16%
PHIN	A	0.16%
LGIH	F	0.15%
OMCL	C	0.15%
PRVA	C	0.15%
CRGY	B	0.15%
VIAV	C	0.15%
CNMD	C	0.15%
JBLU	F	0.14%
NEO	C	0.14%
KSS	F	0.14%
OI	C	0.14%
MRCY	C	0.14%
EXTR	C	0.14%
PRG	C	0.14%
CABO	B	0.13%
DRH	B	0.13%
TNDM	D	0.13%
SJW	F	0.12%
PDCO	F	0.12%
WKC	C	0.12%
AMPH	F	0.12%
TRUP	B	0.12%
FTRE	D	0.12%
WGO	C	0.12%
ADNT	F	0.12%
GO	C	0.12%
ROG	D	0.12%
TRIP	F	0.11%
CSGS	B	0.11%
THS	D	0.11%
VSTS	C	0.11%
NTCT	C	0.11%
PZZA	F	0.11%
LEG	F	0.11%
KN	B	0.11%
UCTT	D	0.11%
UPBD	B	0.11%
SCL	C	0.11%
FOXF	F	0.1%
SBH	C	0.1%
MYGN	F	0.1%
HLIT	D	0.1%
CHEF	A	0.1%
NX	C	0.1%
TALO	C	0.1%
DVAX	C	0.1%
XNCR	B	0.1%
TGI	B	0.1%
SNDR	B	0.1%
GNL	F	0.1%
HLX	B	0.1%
SABR	C	0.1%
VRE	B	0.1%
VICR	C	0.09%
RC	D	0.09%
MD	C	0.09%
CRK	B	0.09%
KW	C	0.09%
STAA	F	0.09%
UNFI	A	0.09%
EXPI	D	0.08%
MXL	C	0.08%
MCRI	A	0.08%
ALGT	B	0.08%
CBRL	C	0.08%
EFC	C	0.08%
PGNY	F	0.08%
CERT	F	0.08%
FIZZ	C	0.08%
ARLO	C	0.08%
DGII	C	0.08%
CARS	C	0.08%
PBI	B	0.08%
KLG	B	0.08%
NVEE	F	0.08%
CENX	B	0.08%
PLAY	D	0.08%
MODG	F	0.08%
ECPG	C	0.08%
NAVI	F	0.08%
MSEX	C	0.08%
GIII	D	0.08%
COHU	C	0.08%
VVI	C	0.07%
SAH	C	0.07%
TMP	B	0.07%
CLB	B	0.07%
PRLB	B	0.07%
PDFS	C	0.07%
BLMN	F	0.07%
XPEL	B	0.07%
MRTN	D	0.07%
PARR	F	0.07%
NXRT	B	0.07%
SDGR	C	0.07%
AMN	F	0.07%
AHCO	F	0.07%
ICHR	C	0.07%
DAN	D	0.07%
CAL	F	0.07%
RCUS	F	0.06%
HAYN	A	0.06%
ASIX	B	0.06%
BJRI	C	0.06%
BSIG	A	0.06%
AVNS	F	0.06%
EMBC	C	0.06%
HCSG	C	0.06%
WNC	C	0.06%
CFFN	C	0.06%
CNXN	C	0.06%
EGBN	B	0.06%
PRA	C	0.06%
VTLE	C	0.06%
MNRO	D	0.06%
ODP	F	0.06%
WOLF	F	0.06%
JACK	C	0.06%
CWEN	C	0.06%
EYE	C	0.06%
OMI	F	0.06%
PRAA	D	0.06%
VTOL	B	0.06%
VIR	D	0.05%
CTKB	C	0.05%
HAIN	D	0.05%
NBR	C	0.05%
CVI	F	0.05%
INN	D	0.05%
KREF	C	0.05%
CEVA	B	0.05%
MATV	D	0.05%
GPRE	F	0.05%
MGPI	F	0.05%
TRST	B	0.05%
GDEN	B	0.05%
REX	D	0.05%
SSTK	F	0.05%
AOSL	C	0.05%
AXL	C	0.05%
MCW	C	0.05%
NABL	F	0.05%
MATW	C	0.05%
BLFS	C	0.05%
TTGT	B	0.05%
HAFC	B	0.05%
PCRX	C	0.05%
BGS	F	0.04%
PAHC	C	0.04%
HTZ	C	0.04%
UHT	D	0.04%
HTLD	C	0.04%
TR	B	0.04%
NVRI	D	0.04%
MLAB	F	0.04%
LESL	D	0.04%
GDOT	D	0.04%
HZO	F	0.04%
SNCY	C	0.04%
UFCS	A	0.04%
SHEN	F	0.04%
AMBC	C	0.04%
SPTN	D	0.04%
VSAT	F	0.04%
EZPW	B	0.04%
SEDG	F	0.04%
PUMP	C	0.04%
FWRD	D	0.04%
CNSL	C	0.03%
WRLD	C	0.03%
MYE	F	0.03%
USNA	C	0.03%
SVC	F	0.03%
RGNX	D	0.03%
GOGO	C	0.03%
GES	F	0.03%
HPP	F	0.03%
RES	D	0.03%
CRSR	C	0.02%
TWI	F	0.02%
FLGT	F	0.02%

SPSM Underweight 309 Positions Relative to OMFS

Symbol	Grade	Weight
SFM	A	-2.94%
FN	C	-1.6%
CVLT	B	-1.4%
HLNE	B	-1.28%
AIT	B	-1.26%
ENSG	C	-1.13%
HALO	F	-0.74%
KNF	B	-0.66%
PRIM	A	-0.65%
CADE	B	-0.65%
ANF	F	-0.61%
QLYS	B	-0.56%
ONB	C	-0.56%
ESNT	F	-0.54%
EXLS	B	-0.52%
STRL	A	-0.5%
UMBF	B	-0.49%
VCTR	B	-0.48%
CBZ	B	-0.46%
NHI	D	-0.44%
KAI	B	-0.44%
TRNO	F	-0.41%
ASGN	F	-0.39%
QTWO	A	-0.39%
AGX	B	-0.39%
WTS	B	-0.38%
HQY	A	-0.38%
SSB	B	-0.38%
IESC	C	-0.38%
ROAD	B	-0.37%
LANC	C	-0.36%
USLM	A	-0.35%
CBT	D	-0.34%
SWX	B	-0.33%
IBOC	B	-0.33%
CMC	B	-0.32%
RMBS	B	-0.32%
LAUR	A	-0.31%
ASB	B	-0.3%
BCO	F	-0.29%
GBCI	B	-0.29%
CNO	B	-0.28%
SIGI	C	-0.28%
INSW	F	-0.28%
ESGR	B	-0.28%
GOLF	B	-0.26%
CRAI	C	-0.26%
SKWD	A	-0.25%
BECN	B	-0.25%
UBSI	B	-0.25%
BNL	D	-0.23%
HTLF	B	-0.23%
ICFI	F	-0.23%
EXPO	D	-0.23%
HOMB	A	-0.22%
ALTR	B	-0.22%
TNET	F	-0.22%
KBH	D	-0.2%
DHT	F	-0.2%
HWC	B	-0.2%
SBRA	C	-0.2%
NOVT	D	-0.2%
GHC	B	-0.2%
MWA	B	-0.2%
BDC	C	-0.19%
VITL	D	-0.18%
FRME	B	-0.18%
UFPI	C	-0.18%
KRG	B	-0.18%
FFIN	B	-0.18%
REVG	C	-0.18%
MMS	F	-0.17%
STNG	F	-0.17%
ALE	A	-0.17%
ALKT	B	-0.16%
ESRT	C	-0.16%
AGIO	C	-0.15%
ACT	C	-0.15%
IRT	A	-0.14%
PFSI	C	-0.14%
FOR	F	-0.13%
TOWN	B	-0.13%
NTB	B	-0.13%
GATX	A	-0.13%
AGM	B	-0.13%
CDP	C	-0.13%
EBC	B	-0.12%
HAE	C	-0.12%
VLY	B	-0.12%
LNTH	D	-0.12%
TCBI	C	-0.12%
CWAN	B	-0.12%
FIBK	B	-0.12%
WRBY	A	-0.12%
QCRH	B	-0.12%
SPNS	F	-0.11%
SUM	B	-0.11%
NSP	F	-0.11%
FLR	B	-0.11%
TEX	F	-0.11%
NSSC	D	-0.11%
WINA	C	-0.11%
BLX	B	-0.1%
LIVN	F	-0.1%
ENS	F	-0.1%
OPCH	D	-0.1%
BBSI	B	-0.1%
HURN	C	-0.1%
SR	A	-0.1%
CMPR	D	-0.09%
SCS	C	-0.09%
BLKB	B	-0.09%
VRNS	D	-0.09%
CDRE	F	-0.09%
KTOS	B	-0.09%
WSBC	B	-0.09%
MLR	C	-0.09%
MIR	A	-0.09%
DAKT	C	-0.09%
ALX	D	-0.09%
EQC	B	-0.09%
VERX	A	-0.09%
SFL	D	-0.09%
MBIN	F	-0.08%
MGRC	B	-0.08%
GRC	A	-0.08%
NMRK	C	-0.08%
LOB	C	-0.08%
GABC	B	-0.08%
BUSE	B	-0.08%
FMBH	B	-0.08%
BLBD	D	-0.08%
FA	C	-0.07%
AXNX	A	-0.07%
NIC	B	-0.07%
FG	A	-0.07%
PCH	F	-0.07%
THR	B	-0.07%
TMHC	C	-0.07%
ODC	B	-0.07%
BKH	A	-0.07%
GHM	A	-0.07%
POR	C	-0.07%
SRCE	B	-0.07%
IBCP	B	-0.07%
VAL	F	-0.07%
UTI	B	-0.07%
JBI	F	-0.07%
BY	B	-0.06%
EFSC	B	-0.06%
PTCT	B	-0.06%
AMAL	B	-0.06%
OLP	B	-0.06%
RSI	A	-0.06%
NNI	D	-0.06%
UMH	B	-0.06%
USAP	B	-0.06%
GCMG	B	-0.06%
TENB	C	-0.06%
MCBS	B	-0.06%
KFRC	D	-0.06%
DJCO	B	-0.06%
CSTM	F	-0.06%
CTBI	B	-0.06%
SYBT	B	-0.06%
PEBO	B	-0.06%
MBWM	B	-0.06%
OSW	B	-0.06%
FWRG	C	-0.05%
GLRE	B	-0.05%
GOOD	B	-0.05%
LYTS	B	-0.05%
LADR	B	-0.05%
UVSP	B	-0.05%
CNOB	B	-0.05%
AVNT	B	-0.05%
PFC	B	-0.05%
MOD	A	-0.05%
FCBC	C	-0.05%
GOGL	F	-0.05%
TCBK	C	-0.05%
VLGEA	C	-0.05%
NWE	B	-0.05%
HY	D	-0.05%
DBRG	F	-0.05%
RHP	B	-0.05%
DESP	B	-0.05%
SIGA	F	-0.05%
NTST	C	-0.05%
HRI	C	-0.05%
LMB	B	-0.05%
MUR	D	-0.05%
CECO	B	-0.05%
ALIT	C	-0.05%
CFB	B	-0.04%
RMR	F	-0.04%
CMRE	C	-0.04%
TGLS	B	-0.04%
OBT	C	-0.04%
GLNG	C	-0.04%
BV	C	-0.04%
EQBK	B	-0.04%
TWST	F	-0.04%
ACLX	C	-0.04%
SGBX	F	-0.04%
ORRF	B	-0.04%
CODI	B	-0.04%
AESI	B	-0.04%
OBK	C	-0.04%
HTBI	B	-0.04%
TPC	C	-0.04%
SASR	B	-0.04%
MNKD	C	-0.04%
RBB	B	-0.04%
NBN	C	-0.04%
HEES	C	-0.04%
NVEC	B	-0.04%
ASC	F	-0.04%
FSTR	B	-0.04%
OGS	A	-0.04%
PDM	D	-0.04%
CWCO	C	-0.04%
WMK	C	-0.04%
CHX	C	-0.04%
RBCAA	B	-0.04%
PLYM	F	-0.03%
MLNK	C	-0.03%
MTRX	B	-0.03%
DSGR	C	-0.03%
VIRC	B	-0.03%
HCKT	B	-0.03%
EGY	D	-0.03%
OCFC	B	-0.03%
LINC	C	-0.03%
WASH	C	-0.03%
BFST	C	-0.03%
FPI	B	-0.03%
PTVE	B	-0.03%
WTTR	A	-0.03%
PNM	B	-0.03%
GENC	C	-0.03%
EBF	F	-0.03%
ORA	B	-0.03%
MSBI	B	-0.03%
BFC	B	-0.03%
ATKR	D	-0.03%
HBNC	B	-0.03%
NJR	A	-0.03%
AMTB	B	-0.03%
GRND	A	-0.03%
TRAK	B	-0.03%
NGVC	A	-0.03%
DX	B	-0.03%
HONE	C	-0.03%
AMRX	C	-0.03%
GIC	D	-0.03%
CTO	B	-0.03%
ITIC	A	-0.03%
ACEL	C	-0.03%
UTZ	D	-0.03%
SYNA	C	-0.03%
OSBC	A	-0.03%
THFF	B	-0.03%
AROW	B	-0.03%
FRSH	B	-0.03%
TPB	B	-0.03%
ADV	D	-0.03%
DYN	F	-0.03%
NRIM	A	-0.03%
SEMR	C	-0.03%
ANET	C	-0.03%
SPOK	B	-0.03%
CLW	F	-0.02%
SGC	C	-0.02%
OEC	C	-0.02%
VC	F	-0.02%
IMMR	C	-0.02%
LGF.A	C	-0.02%
VRNT	C	-0.02%
XPRO	D	-0.02%
NATR	C	-0.02%
PAGS	F	-0.02%
POWI	F	-0.02%
JAMF	F	-0.02%
FRPH	B	-0.02%
VSH	F	-0.02%
ETWO	F	-0.02%
HGV	C	-0.02%
BASE	B	-0.02%
BELFB	C	-0.02%
TRS	B	-0.02%
SRDX	B	-0.02%
BRZE	C	-0.02%
DFH	D	-0.02%
PKE	B	-0.02%
ZUMZ	B	-0.02%
GMRE	F	-0.02%
KRT	B	-0.02%
RLJ	C	-0.02%
GT	C	-0.02%
REFI	A	-0.02%
PAX	C	-0.02%
IMXI	B	-0.02%
GNK	D	-0.02%
MRC	B	-0.02%
ARHS	F	-0.01%
TROX	D	-0.01%
ANIK	D	-0.01%
PUBM	C	-0.01%