VIOO vs. SMLF ETF Comparison

Comparison of Vanguard S&P Small-Cap 600 ETF (VIOO) to iShares FactorSelect MSCI USA Small-Cap ETF (SMLF)

VIOO

Vanguard S&P Small-Cap 600 ETF

VIOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600® Index. The index measures the performance of small-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$115.67

Average Daily Volume

103,750

Number of Holdings ^*

588

* may have additional holdings in another (foreign) market

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

71,833

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

Performance

Period	VIOO	SMLF
30 Days	9.03%	10.53%
60 Days	7.26%	10.49%
90 Days	7.83%	11.95%
12 Months	32.04%	40.74%

252 Overlapping Holdings

	Symbol	Grade	Weight in VIOO	Weight in SMLF	Overlap
	ABG	B	0.34%	0.15%	0.15%
	ACA	A	0.34%	0.1%	0.1%
	ACLS	F	0.21%	0.12%	0.12%
	ADMA	B	0.28%	0.06%	0.06%
	AEIS	B	0.31%	0.01%	0.01%
	AEO	F	0.26%	0.05%	0.05%
	AGO	B	0.31%	0.27%	0.27%
	AGYS	A	0.17%	0.04%	0.04%
	AIN	C	0.16%	0.01%	0.01%
	ALKS	B	0.32%	0.3%	0.3%
	ALRM	C	0.2%	0.03%	0.03%
	AMBC	C	0.04%	0.05%	0.04%
	AMN	F	0.07%	0.03%	0.03%
	AMPH	D	0.14%	0.07%	0.07%
	AMR	C	0.17%	0.14%	0.14%
	APOG	B	0.12%	0.11%	0.11%
	ARCB	C	0.18%	0.02%	0.02%
	ARCH	B	0.2%	0.03%	0.03%
	AROC	B	0.25%	0.12%	0.12%
	ASO	F	0.27%	0.06%	0.06%
	ATEN	B	0.08%	0.09%	0.08%
	ATI	D	0.49%	0.14%	0.14%
	AVAV	D	0.45%	0.05%	0.05%
	AWR	B	0.23%	0.12%	0.12%
	AX	A	0.27%	0.0%	0.0%
	BANF	B	0.16%	0.14%	0.14%
	BBWI	D	0.47%	0.2%	0.2%
	BCC	B	0.39%	0.22%	0.22%
	BCPC	B	0.41%	0.04%	0.04%
	BDN	C	0.07%	0.13%	0.07%
	BFH	B	0.19%	0.0%	0.0%
	BKE	B	0.1%	0.12%	0.1%
	BKU	A	0.2%	0.0%	0.0%
	BL	B	0.21%	0.16%	0.16%
	BLMN	F	0.09%	0.05%	0.05%
	BMI	B	0.44%	0.16%	0.16%
	BOH	B	0.22%	0.0%	0.0%
	BOX	B	0.35%	0.08%	0.08%
	BRC	D	0.23%	0.17%	0.17%
	BSIG	A	0.06%	0.01%	0.01%
	CAKE	C	0.16%	0.01%	0.01%
	CAL	D	0.08%	0.08%	0.08%
	CALX	D	0.16%	0.02%	0.02%
	CARG	C	0.2%	0.11%	0.11%
	CARS	B	0.07%	0.08%	0.07%
	CASH	A	0.13%	0.0%	0.0%
	CEIX	A	0.22%	0.07%	0.07%
	CENTA	C	0.11%	0.05%	0.05%
	CFFN	B	0.06%	0.04%	0.04%
	CHCO	B	0.13%	0.0%	0.0%
	CMA	A	0.63%	0.0%	0.0%
	CNMD	C	0.16%	0.07%	0.07%
	CNS	B	0.2%	0.03%	0.03%
	COOP	B	0.43%	0.41%	0.41%
	CORT	B	0.34%	0.3%	0.3%
	CPRX	C	0.18%	0.24%	0.18%
	CRC	A	0.27%	0.1%	0.1%
	CRS	A	0.56%	0.09%	0.09%
	CSWI	A	0.44%	0.08%	0.08%
	CUBI	B	0.1%	0.09%	0.09%
	CVBF	A	0.19%	0.05%	0.05%
	CVCO	A	0.25%	0.16%	0.16%
	CVI	F	0.04%	0.03%	0.03%
	CWEN	C	0.07%	0.15%	0.07%
	CWEN	C	0.18%	0.15%	0.15%
	CWK	B	0.23%	0.01%	0.01%
	CXW	B	0.11%	0.11%	0.11%
	DAN	D	0.07%	0.02%	0.02%
	DEI	B	0.22%	0.0%	0.0%
	DFIN	D	0.12%	0.11%	0.11%
	DLX	B	0.06%	0.08%	0.06%
	DNOW	B	0.09%	0.1%	0.09%
	DOCN	D	0.19%	0.02%	0.02%
	DVAX	C	0.11%	0.09%	0.09%
	DY	D	0.38%	0.02%	0.02%
	EGBN	B	0.06%	0.0%	0.0%
	EIG	B	0.09%	0.0%	0.0%
	EMBC	C	0.06%	0.03%	0.03%
	ENR	B	0.16%	0.01%	0.01%
	ENVA	B	0.17%	0.01%	0.01%
	EPAC	B	0.18%	0.07%	0.07%
	EPC	D	0.13%	0.01%	0.01%
	ETSY	D	0.44%	0.2%	0.2%
	EVTC	B	0.16%	0.03%	0.03%
	EXPI	C	0.08%	0.1%	0.08%
	EXTR	B	0.15%	0.17%	0.15%
	FBP	B	0.24%	0.0%	0.0%
	FHB	A	0.24%	0.08%	0.08%
	FL	F	0.14%	0.03%	0.03%
	FSS	B	0.37%	0.02%	0.02%
	FULT	A	0.25%	0.0%	0.0%
	GDOT	D	0.05%	0.0%	0.0%
	GEO	B	0.15%	0.12%	0.12%
	GES	F	0.04%	0.15%	0.04%
	GFF	A	0.19%	0.12%	0.12%
	GIII	D	0.09%	0.02%	0.02%
	GKOS	B	0.54%	0.07%	0.07%
	GMS	B	0.27%	0.08%	0.08%
	GNW	A	0.22%	0.0%	0.0%
	GO	C	0.11%	0.01%	0.01%
	GPI	A	0.36%	0.22%	0.22%
	HAIN	C	0.06%	0.01%	0.01%
	HASI	D	0.31%	0.07%	0.07%
	HCC	B	0.25%	0.06%	0.06%
	HELE	C	0.11%	0.04%	0.04%
	HI	C	0.14%	0.09%	0.09%
	HIMS	C	0.27%	0.1%	0.1%
	HIW	D	0.27%	0.18%	0.18%
	HNI	B	0.17%	0.03%	0.03%
	HP	B	0.25%	0.1%	0.1%
	HPP	F	0.05%	0.04%	0.04%
	HSII	B	0.06%	0.31%	0.06%
	HSTM	B	0.05%	0.04%	0.04%
	HTH	B	0.11%	0.11%	0.11%
	HTZ	C	0.03%	0.01%	0.01%
	HWKN	B	0.15%	0.06%	0.06%
	IBP	D	0.38%	0.04%	0.04%
	IDCC	B	0.28%	0.09%	0.09%
	INSP	D	0.44%	0.12%	0.12%
	INVA	D	0.08%	0.09%	0.08%
	IOSP	B	0.2%	0.04%	0.04%
	IPAR	B	0.16%	0.13%	0.13%
	IRWD	F	0.04%	0.02%	0.02%
	ITGR	B	0.31%	0.05%	0.05%
	ITRI	B	0.38%	0.05%	0.05%
	JACK	D	0.07%	0.09%	0.07%
	JBSS	D	0.06%	0.17%	0.06%
	JOE	F	0.15%	0.19%	0.15%
	JXN	C	0.56%	0.0%	0.0%
	KALU	C	0.09%	0.01%	0.01%
	KFY	B	0.28%	0.02%	0.02%
	KLG	C	0.08%	0.04%	0.04%
	KLIC	B	0.18%	0.1%	0.1%
	KN	B	0.11%	0.08%	0.08%
	KREF	D	0.05%	0.04%	0.04%
	KSS	F	0.15%	0.08%	0.08%
	KW	B	0.09%	0.1%	0.09%
	LGND	B	0.14%	0.09%	0.09%
	LMAT	A	0.14%	0.02%	0.02%
	LPG	F	0.08%	0.04%	0.04%
	LRN	A	0.3%	0.16%	0.16%
	LUMN	C	0.49%	0.2%	0.2%
	LXP	D	0.21%	0.07%	0.07%
	MAC	B	0.3%	0.31%	0.3%
	MATV	D	0.06%	0.07%	0.06%
	MATX	C	0.39%	0.21%	0.21%
	MC	B	0.35%	0.0%	0.0%
	MCY	A	0.13%	0.06%	0.06%
	MDU	D	0.44%	0.04%	0.04%
	MLAB	D	0.05%	0.01%	0.01%
	MLI	C	0.7%	0.49%	0.49%
	MMSI	B	0.43%	0.14%	0.14%
	MOG.A	B	0.41%	0.03%	0.03%
	MPW	F	0.21%	0.06%	0.06%
	MTRN	C	0.16%	0.1%	0.1%
	NARI	C	0.18%	0.07%	0.07%
	NATL	B	0.14%	0.04%	0.04%
	NAVI	C	0.08%	0.19%	0.08%
	NBR	C	0.05%	0.07%	0.05%
	NBTB	B	0.16%	0.0%	0.0%
	NGVT	B	0.11%	0.01%	0.01%
	NSIT	F	0.37%	0.06%	0.06%
	NTCT	C	0.11%	0.11%	0.11%
	NWL	B	0.27%	0.02%	0.02%
	NWN	A	0.11%	0.01%	0.01%
	NX	C	0.1%	0.03%	0.03%
	ODP	F	0.08%	0.11%	0.08%
	OFG	B	0.14%	0.0%	0.0%
	OI	C	0.13%	0.03%	0.03%
	OII	B	0.19%	0.11%	0.11%
	OMI	F	0.07%	0.04%	0.04%
	OSIS	B	0.16%	0.02%	0.02%
	OTTR	C	0.25%	0.06%	0.06%
	OUT	A	0.18%	0.04%	0.04%
	OXM	D	0.08%	0.06%	0.06%
	PBH	A	0.27%	0.09%	0.09%
	PDCO	D	0.12%	0.02%	0.02%
	PEB	D	0.11%	0.01%	0.01%
	PFBC	B	0.08%	0.0%	0.0%
	PHIN	A	0.15%	0.09%	0.09%
	PI	D	0.32%	0.14%	0.14%
	PIPR	B	0.34%	0.34%	0.34%
	PLUS	F	0.18%	0.07%	0.07%
	POWL	C	0.18%	0.38%	0.18%
	PRDO	B	0.1%	0.0%	0.0%
	PRG	C	0.14%	0.17%	0.14%
	PRGS	A	0.21%	0.18%	0.18%
	PTEN	C	0.21%	0.11%	0.11%
	PZZA	D	0.13%	0.05%	0.05%
	RAMP	C	0.13%	0.02%	0.02%
	RCUS	F	0.06%	0.04%	0.04%
	RDN	C	0.39%	0.06%	0.06%
	RGNX	F	0.03%	0.03%	0.03%
	RHI	B	0.52%	0.17%	0.17%
	RUSHA	C	0.26%	0.06%	0.06%
	SAH	A	0.06%	0.04%	0.04%
	SANM	B	0.29%	0.22%	0.22%
	SATS	D	0.23%	0.12%	0.12%
	SEE	C	0.4%	0.0%	0.0%
	SFBS	B	0.31%	0.13%	0.13%
	SHO	C	0.15%	0.01%	0.01%
	SIG	B	0.31%	0.26%	0.26%
	SKT	B	0.27%	0.24%	0.24%
	SLG	B	0.37%	0.49%	0.37%
	SLVM	B	0.22%	0.02%	0.02%
	SM	B	0.36%	0.07%	0.07%
	SMTC	B	0.25%	0.05%	0.05%
	SNEX	B	0.19%	0.07%	0.07%
	SONO	C	0.11%	0.05%	0.05%
	SPSC	C	0.46%	0.11%	0.11%
	SSTK	F	0.06%	0.11%	0.06%
	SUPN	C	0.14%	0.03%	0.03%
	SVC	F	0.04%	0.02%	0.02%
	SWI	B	0.05%	0.01%	0.01%
	TBBK	B	0.18%	0.0%	0.0%
	TDS	B	0.22%	0.04%	0.04%
	TGNA	B	0.2%	0.09%	0.09%
	TGTX	B	0.25%	0.03%	0.03%
	TILE	B	0.08%	0.05%	0.05%
	TNC	D	0.12%	0.06%	0.06%
	TPH	D	0.28%	0.14%	0.14%
	TR	B	0.04%	0.01%	0.01%
	TRMK	B	0.16%	0.0%	0.0%
	TRN	B	0.21%	0.06%	0.06%
	TTGT	C	0.06%	0.01%	0.01%
	UNFI	A	0.09%	0.02%	0.02%
	UNIT	B	0.09%	0.07%	0.07%
	UPBD	B	0.11%	0.09%	0.09%
	USNA	C	0.03%	0.02%	0.02%
	UTL	B	0.07%	0.01%	0.01%
	UVV	B	0.09%	0.06%	0.06%
	VCEL	B	0.16%	0.03%	0.03%
	VECO	F	0.12%	0.1%	0.1%
	VFC	C	0.51%	0.08%	0.08%
	VIAV	B	0.15%	0.03%	0.03%
	VIR	D	0.05%	0.08%	0.05%
	VIRT	B	0.19%	0.03%	0.03%
	VRE	B	0.1%	0.01%	0.01%
	VSTO	A	0.19%	0.14%	0.14%
	VSTS	C	0.12%	0.02%	0.02%
	WAFD	B	0.21%	0.12%	0.12%
	WD	D	0.26%	0.02%	0.02%
	WGO	C	0.12%	0.05%	0.05%
	WLY	B	0.15%	0.07%	0.07%
	WNC	C	0.06%	0.07%	0.06%
	WOR	F	0.09%	0.08%	0.08%
	WS	B	0.1%	0.22%	0.1%
	XHR	B	0.11%	0.03%	0.03%
	XNCR	B	0.1%	0.15%	0.1%
	XRX	F	0.07%	0.18%	0.07%
	YELP	C	0.17%	0.06%	0.06%
	YOU	D	0.25%	0.23%	0.23%

VIOO Overweight 336 Positions Relative to SMLF

	Symbol	Grade	Weight
	MTH	D	0.49%
	AWI	A	0.46%
	ALK	C	0.45%
	LNC	B	0.44%
	EPRT	B	0.42%
	CTRE	D	0.4%
	ACIW	B	0.39%
	ZWS	B	0.39%
	MARA	C	0.37%
	MGY	A	0.36%
	OGN	D	0.36%
	SHAK	C	0.36%
	PECO	A	0.35%
	EAT	A	0.34%
	AL	B	0.34%
	KRYS	B	0.33%
	GTES	A	0.33%
	RDNT	B	0.32%
	VRRM	D	0.32%
	KTB	B	0.32%
	MHO	D	0.31%
	ICUI	D	0.31%
	WHD	B	0.3%
	FUL	F	0.3%
	ABCB	B	0.3%
	SKYW	B	0.29%
	RXO	C	0.29%
	PLXS	B	0.29%
	GVA	A	0.28%
	MSGS	A	0.28%
	FELE	B	0.28%
	STEP	B	0.28%
	BOOT	D	0.28%
	FTDR	A	0.28%
	BGC	C	0.27%
	JBT	B	0.27%
	WDFC	B	0.27%
	CALM	A	0.27%
	DXC	B	0.27%
	NOG	A	0.27%
	IIPR	D	0.27%
	MGEE	C	0.25%
	APLE	B	0.25%
	PJT	A	0.25%
	BTU	B	0.25%
	CATY	B	0.25%
	ABM	B	0.25%
	SEM	B	0.25%
	CCOI	B	0.25%
	IAC	D	0.25%
	UCB	A	0.25%
	AUB	B	0.25%
	ENV	B	0.24%
	BXMT	C	0.24%
	SITM	B	0.24%
	CNK	B	0.24%
	SXT	B	0.24%
	CBU	B	0.24%
	RUN	F	0.24%
	ESE	B	0.24%
	SHOO	D	0.24%
	ATGE	B	0.23%
	NPO	A	0.23%
	CWT	D	0.23%
	SMPL	B	0.23%
	NMIH	D	0.23%
	APAM	B	0.23%
	DORM	B	0.23%
	REZI	A	0.22%
	TDW	F	0.22%
	SFNC	B	0.22%
	WSFS	A	0.22%
	FORM	D	0.22%
	AVA	A	0.22%
	PENN	C	0.22%
	ABR	C	0.21%
	PATK	D	0.21%
	LBRT	D	0.21%
	LCII	C	0.21%
	GSHD	A	0.2%
	INDB	B	0.2%
	HUBG	A	0.2%
	CPK	A	0.2%
	UE	C	0.2%
	PTGX	C	0.2%
	UNF	B	0.2%
	CRVL	A	0.2%
	DIOD	D	0.2%
	TMDX	F	0.2%
	PRK	B	0.19%
	JJSF	B	0.19%
	FCPT	C	0.19%
	AKR	B	0.19%
	PLMR	B	0.18%
	VSCO	B	0.18%
	DV	C	0.18%
	MTX	B	0.18%
	PFS	B	0.18%
	FFBC	A	0.18%
	HBI	B	0.18%
	CCS	D	0.18%
	PPBI	B	0.18%
	BANR	B	0.17%
	ADUS	D	0.17%
	ASTH	D	0.17%
	OMCL	C	0.17%
	SBCF	A	0.17%
	AZZ	B	0.17%
	WERN	C	0.17%
	TTMI	B	0.17%
	HAYW	B	0.17%
	PSMT	C	0.16%
	KWR	C	0.16%
	LGIH	D	0.16%
	IBTX	B	0.16%
	PINC	B	0.16%
	BANC	A	0.16%
	STRA	C	0.16%
	GRBK	D	0.16%
	AAP	C	0.16%
	B	B	0.16%
	MYRG	B	0.16%
	RNST	B	0.16%
	SXI	B	0.16%
	PAYO	A	0.16%
	MP	B	0.16%
	TFIN	A	0.15%
	UFPT	B	0.15%
	KMT	B	0.15%
	ROIC	A	0.15%
	MYGN	F	0.15%
	URBN	C	0.15%
	TNDM	F	0.15%
	ROCK	C	0.15%
	AIR	B	0.15%
	ZD	B	0.15%
	TRUP	B	0.14%
	GBX	A	0.14%
	VYX	B	0.14%
	PRVA	B	0.14%
	STC	B	0.14%
	CRGY	B	0.14%
	WOLF	F	0.13%
	FCF	A	0.13%
	NWBI	B	0.13%
	THS	D	0.13%
	JBLU	F	0.13%
	ROG	D	0.13%
	ADNT	F	0.13%
	NBHC	B	0.13%
	KAR	B	0.13%
	FBK	B	0.13%
	FBNC	A	0.13%
	NEO	C	0.13%
	ALG	B	0.13%
	TRIP	F	0.13%
	DRH	B	0.13%
	WKC	D	0.12%
	GNL	F	0.12%
	MLKN	D	0.12%
	BHE	B	0.12%
	GTY	B	0.12%
	CABO	C	0.12%
	LZB	B	0.12%
	LEG	F	0.12%
	MRCY	B	0.12%
	SJW	D	0.12%
	LKFN	B	0.12%
	LTC	B	0.12%
	AMWD	C	0.11%
	STAA	F	0.11%
	NHC	C	0.11%
	VRTS	B	0.11%
	PLAB	C	0.11%
	STBA	B	0.11%
	ANDE	D	0.11%
	VBTX	B	0.11%
	JBGS	D	0.11%
	ELME	D	0.11%
	HOPE	B	0.11%
	FOXF	F	0.11%
	CTS	C	0.11%
	UCTT	D	0.11%
	FTRE	D	0.11%
	HMN	B	0.11%
	SCL	C	0.11%
	TALO	C	0.1%
	AAT	B	0.1%
	SPNT	A	0.1%
	HLIT	D	0.1%
	LNN	B	0.1%
	DEA	D	0.1%
	THRM	D	0.1%
	CSGS	B	0.1%
	HLX	B	0.1%
	SNDR	B	0.1%
	SBH	C	0.1%
	ALEX	C	0.1%
	WABC	B	0.1%
	MODG	F	0.1%
	CHEF	A	0.1%
	BHLB	B	0.09%
	RC	D	0.09%
	SAFT	C	0.09%
	QNST	B	0.09%
	COHU	C	0.09%
	PMT	D	0.09%
	PLAY	D	0.09%
	PGNY	F	0.09%
	NVEE	F	0.09%
	HRMY	D	0.09%
	USPH	B	0.09%
	WT	B	0.09%
	WWW	B	0.09%
	SABR	C	0.09%
	IART	C	0.09%
	ARLO	C	0.08%
	AMSF	B	0.08%
	MD	B	0.08%
	EFC	C	0.08%
	CRK	B	0.08%
	VICR	B	0.08%
	DGII	B	0.08%
	CBRL	C	0.08%
	FIZZ	C	0.08%
	DCOM	A	0.08%
	CSR	B	0.08%
	FBRT	C	0.08%
	TGI	B	0.08%
	FDP	B	0.08%
	AHCO	F	0.08%
	ECPG	B	0.08%
	MSEX	B	0.08%
	COLL	F	0.08%
	CERT	F	0.08%
	ARI	C	0.08%
	PBI	B	0.08%
	SXC	A	0.07%
	PARR	D	0.07%
	XPEL	C	0.07%
	PDFS	C	0.07%
	CLB	B	0.07%
	CXM	C	0.07%
	MRTN	C	0.07%
	MMI	B	0.07%
	CENX	B	0.07%
	ICHR	C	0.07%
	NXRT	B	0.07%
	SBSI	B	0.07%
	ALGT	B	0.07%
	ANIP	F	0.07%
	HCI	C	0.07%
	SCSC	B	0.07%
	RWT	D	0.07%
	SDGR	C	0.07%
	SEDG	F	0.07%
	MXL	C	0.07%
	AORT	B	0.07%
	BRKL	B	0.07%
	MCRI	A	0.07%
	AHH	D	0.06%
	VTLE	C	0.06%
	ASIX	A	0.06%
	PRA	C	0.06%
	PCRX	C	0.06%
	HAYN	C	0.06%
	AOSL	C	0.06%
	CNXN	C	0.06%
	GPRE	F	0.06%
	PRAA	C	0.06%
	VVI	C	0.06%
	HFWA	B	0.06%
	HCSG	C	0.06%
	TMP	B	0.06%
	VSAT	F	0.06%
	VTOL	B	0.06%
	EYE	C	0.06%
	MNRO	D	0.06%
	BLFS	C	0.06%
	NABL	F	0.06%
	BJRI	B	0.06%
	AVNS	F	0.06%
	SCVL	F	0.05%
	WSR	A	0.05%
	NVRI	F	0.05%
	SCHL	D	0.05%
	GDEN	B	0.05%
	ETD	C	0.05%
	TRST	B	0.05%
	DXPE	B	0.05%
	SHEN	F	0.05%
	KELYA	F	0.05%
	RGR	F	0.05%
	INN	D	0.05%
	SMP	B	0.05%
	AXL	C	0.05%
	MGPI	F	0.05%
	BGS	F	0.05%
	FWRD	D	0.05%
	HAFC	A	0.05%
	PRLB	A	0.05%
	REX	D	0.05%
	KOP	C	0.05%
	MCW	B	0.05%
	SPTN	D	0.05%
	MATW	C	0.05%
	CPF	A	0.05%
	ASTE	B	0.05%
	RES	D	0.04%
	BFS	C	0.04%
	PAHC	C	0.04%
	LQDT	B	0.04%
	THRY	F	0.04%
	LESL	C	0.04%
	UHT	D	0.04%
	IIIN	C	0.04%
	CTKB	C	0.04%
	MTUS	C	0.04%
	SNCY	C	0.04%
	CEVA	B	0.04%
	PUMP	B	0.04%
	HZO	D	0.04%
	EZPW	A	0.04%
	CNSL	C	0.03%
	NPK	B	0.03%
	WRLD	C	0.03%
	GOGO	C	0.03%
	UFCS	B	0.03%
	CLW	F	0.03%
	FLGT	F	0.03%
	MYE	F	0.03%
	SLP	D	0.03%
	HTLD	B	0.03%
	CRSR	C	0.02%
	TWI	F	0.02%
	CENT	C	0.02%

VIOO Underweight 559 Positions Relative to SMLF

	Symbol	Grade	Weight
	APP	B	-1.49%
	EME	C	-0.94%
	EVR	B	-0.81%
	MSTR	C	-0.73%
	DECK	A	-0.72%
	AXON	A	-0.66%
	SFM	A	-0.6%
	ALSN	B	-0.56%
	NTNX	A	-0.56%
	JBL	B	-0.55%
	BPOP	B	-0.53%
	MANH	D	-0.5%
	RS	B	-0.49%
	NVT	B	-0.49%
	CVNA	B	-0.46%
	IDA	A	-0.46%
	IBKR	A	-0.45%
	FIX	A	-0.44%
	DUOL	A	-0.44%
	COCO	B	-0.43%
	WSM	B	-0.42%
	PCOR	B	-0.42%
	CSL	C	-0.41%
	LPX	B	-0.41%
	IOT	A	-0.41%
	VNO	B	-0.41%
	ORI	A	-0.41%
	JEF	A	-0.4%
	HRB	D	-0.4%
	NTRA	B	-0.4%
	LBRDA	C	-0.4%
	GTLB	B	-0.39%
	EWBC	A	-0.39%
	UTHR	C	-0.38%
	DKS	C	-0.38%
	MEDP	D	-0.38%
	BRX	A	-0.37%
	AM	A	-0.37%
	WING	D	-0.36%
	CNM	D	-0.36%
	WFRD	D	-0.35%
	CR	A	-0.35%
	AYI	B	-0.35%
	CAVA	B	-0.34%
	WK	B	-0.34%
	LAMR	D	-0.33%
	JHG	A	-0.31%
	WSO	A	-0.31%
	ITT	A	-0.31%
	FLEX	A	-0.31%
	FR	D	-0.31%
	SOLV	C	-0.31%
	DDS	B	-0.31%
	THC	D	-0.31%
	TPR	B	-0.3%
	SPXC	A	-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%
	PSTG	D	-0.29%
	PRI	A	-0.28%
	R	B	-0.28%
	INTA	A	-0.27%
	SN	D	-0.27%
	FCNCA	A	-0.27%
	SMAR	A	-0.26%
	ESTC	C	-0.26%
	GPK	C	-0.26%
	AMH	D	-0.25%
	OVV	B	-0.25%
	MOD	A	-0.25%
	HURN	B	-0.25%
	CFR	B	-0.25%
	TPX	B	-0.24%
	CBSH	A	-0.24%
	TREX	C	-0.24%
	RMBS	C	-0.24%
	AN	C	-0.24%
	HALO	F	-0.24%
	EXEL	B	-0.24%
	IMKTA	C	-0.24%
	ZION	B	-0.24%
	CW	B	-0.23%
	ENTG	D	-0.23%
	GAP	B	-0.23%
	LSCC	D	-0.23%
	AMG	B	-0.23%
	UFPI	B	-0.23%
	EXLS	B	-0.23%
	APA	D	-0.22%
	RPM	A	-0.22%
	COKE	C	-0.22%
	AXSM	B	-0.22%
	RNR	C	-0.21%
	AR	B	-0.21%
	TOST	B	-0.21%
	BLD	D	-0.21%
	AZPN	A	-0.21%
	SRPT	D	-0.2%
	LIVN	F	-0.2%
	RDDT	B	-0.2%
	XRAY	F	-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%
	HAE	C	-0.2%
	WCC	B	-0.2%
	TPG	A	-0.2%
	TEX	D	-0.19%
	M	D	-0.19%
	RNG	B	-0.19%
	SMG	D	-0.19%
	CROX	D	-0.19%
	ACM	B	-0.19%
	GH	B	-0.19%
	MUR	D	-0.19%
	HAS	D	-0.19%
	RRC	B	-0.19%
	HLI	B	-0.18%
	KNSL	B	-0.18%
	ARW	D	-0.18%
	TDOC	C	-0.18%
	NDSN	B	-0.18%
	VCYT	B	-0.18%
	ESAB	B	-0.18%
	USFD	A	-0.18%
	OC	A	-0.18%
	GLPI	C	-0.18%
	FROG	C	-0.18%
	DCI	B	-0.18%
	AVNT	B	-0.18%
	MMYT	B	-0.17%
	VOYA	B	-0.17%
	PVH	C	-0.17%
	ACLX	C	-0.17%
	TKR	D	-0.17%
	LNW	D	-0.17%
	LNTH	D	-0.17%
	PDM	D	-0.17%
	KRG	B	-0.17%
	XPO	B	-0.17%
	AIZ	A	-0.17%
	PRKS	C	-0.17%
	SF	B	-0.17%
	KIM	A	-0.16%
	IVT	B	-0.16%
	SRCE	B	-0.16%
	ALLE	D	-0.16%
	BJ	A	-0.16%
	WTM	A	-0.16%
	SLM	A	-0.16%
	TOL	B	-0.16%
	GME	C	-0.16%
	TNL	A	-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	A	-0.15%
	GNRC	B	-0.15%
	SBGI	B	-0.15%
	HOG	D	-0.15%
	ONON	A	-0.15%
	RL	B	-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%
	SKY	A	-0.15%
	ESI	A	-0.15%
	UMBF	B	-0.14%
	RGLD	C	-0.14%
	IGT	F	-0.14%
	NOVT	D	-0.14%
	IONS	F	-0.14%
	CMC	B	-0.14%
	BRKR	D	-0.14%
	NJR	A	-0.14%
	ENSG	D	-0.14%
	UA	B	-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%
	BLKB	B	-0.13%
	VMEO	B	-0.13%
	BPMC	C	-0.13%
	THO	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%
	QLYS	C	-0.13%
	FYBR	D	-0.13%
	NUVL	D	-0.13%
	AA	B	-0.13%
	SR	A	-0.12%
	MAT	D	-0.12%
	SAIA	B	-0.12%
	KBR	F	-0.12%
	BASE	C	-0.12%
	NYT	C	-0.12%
	OGE	B	-0.12%
	WH	B	-0.12%
	KRC	C	-0.12%
	WEN	D	-0.12%
	NOV	C	-0.12%
	AIT	A	-0.12%
	CBT	C	-0.12%
	BSY	D	-0.12%
	WTS	B	-0.12%
	FHI	A	-0.11%
	CYTK	F	-0.11%
	TXNM	A	-0.11%
	LAZ	B	-0.11%
	IBOC	A	-0.11%
	PARA	C	-0.11%
	LOVE	B	-0.11%
	CUBE	D	-0.11%
	MFA	D	-0.11%
	ACAD	D	-0.11%
	CRUS	D	-0.11%
	BAND	B	-0.11%
	CHX	C	-0.11%
	MCB	B	-0.11%
	MDGL	B	-0.11%
	NSP	D	-0.11%
	BCRX	D	-0.11%
	ASB	B	-0.1%
	CHDN	B	-0.1%
	BECN	B	-0.1%
	PNFP	B	-0.1%
	IVZ	B	-0.1%
	UGI	A	-0.1%
	CRDO	B	-0.1%
	LSTR	D	-0.1%
	NNN	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%
	BERY	B	-0.1%
	INSM	C	-0.1%
	WMS	D	-0.1%
	VRNS	D	-0.1%
	EEFT	B	-0.09%
	VSH	D	-0.09%
	CXT	B	-0.09%
	MTSI	B	-0.09%
	WSC	D	-0.09%
	MRC	B	-0.09%
	MTN	C	-0.09%
	PCVX	D	-0.09%
	HEES	B	-0.09%
	APG	B	-0.09%
	CAR	C	-0.09%
	VERA	B	-0.09%
	LZ	D	-0.09%
	FLG	C	-0.09%
	PLNT	A	-0.09%
	EGP	F	-0.09%
	BC	C	-0.09%
	ALIT	C	-0.09%
	TMHC	B	-0.09%
	OHI	C	-0.09%
	MTG	C	-0.09%
	COUR	F	-0.09%
	AMLX	C	-0.09%
	OLN	D	-0.09%
	WEX	D	-0.09%
	SON	D	-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%
	FLR	B	-0.08%
	RGEN	D	-0.08%
	PEGA	A	-0.08%
	OZK	B	-0.08%
	ELAN	D	-0.08%
	MKSI	C	-0.08%
	SCS	C	-0.08%
	OSCR	D	-0.08%
	PD	C	-0.08%
	YETI	C	-0.08%
	MASI	A	-0.08%
	CACC	D	-0.08%
	NSSC	D	-0.08%
	AGX	B	-0.08%
	CUZ	B	-0.08%
	MIDD	C	-0.08%
	BDC	B	-0.08%
	ALV	C	-0.08%
	AFRM	A	-0.07%
	CLH	B	-0.07%
	EQC	B	-0.07%
	DH	D	-0.07%
	AMRX	C	-0.07%
	PEN	B	-0.07%
	EYPT	F	-0.07%
	WYNN	D	-0.07%
	VAC	B	-0.07%
	RIG	D	-0.07%
	POR	C	-0.07%
	AMPL	C	-0.07%
	FLNC	C	-0.07%
	NTB	B	-0.07%
	DOMO	C	-0.07%
	GCO	B	-0.07%
	ASH	D	-0.07%
	KNF	A	-0.07%
	TXRH	C	-0.07%
	NXST	C	-0.07%
	NVST	B	-0.06%
	CC	C	-0.06%
	AVXL	B	-0.06%
	AVDX	B	-0.06%
	GPMT	C	-0.06%
	COTY	F	-0.06%
	S	B	-0.06%
	FN	D	-0.06%
	NXT	C	-0.06%
	ILPT	D	-0.06%
	AMCX	C	-0.06%
	CNX	A	-0.06%
	STWD	C	-0.06%
	CTBI	B	-0.06%
	BRBR	A	-0.06%
	ITCI	C	-0.06%
	VKTX	F	-0.06%
	FUN	C	-0.06%
	LADR	B	-0.06%
	SOFI	A	-0.06%
	FLO	D	-0.06%
	WTTR	B	-0.06%
	CASY	A	-0.06%
	IRTC	D	-0.06%
	RYN	D	-0.06%
	ADEA	D	-0.06%
	BCO	D	-0.06%
	SFL	D	-0.06%
	AIV	C	-0.06%
	APPF	B	-0.06%
	AZEK	A	-0.06%
	HE	C	-0.06%
	KD	B	-0.06%
	MED	F	-0.06%
	FOLD	F	-0.05%
	SNV	B	-0.05%
	ACI	C	-0.05%
	FFIN	B	-0.05%
	LBTYK	A	-0.05%
	EHC	B	-0.05%
	BEAM	D	-0.05%
	SITE	D	-0.05%
	CERS	C	-0.05%
	PATH	C	-0.05%
	HOUS	D	-0.05%
	MERC	D	-0.05%
	KOS	F	-0.05%
	TARS	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%
	PK	B	-0.05%
	MDXG	B	-0.05%
	LECO	B	-0.05%
	ARWR	F	-0.04%
	FCN	D	-0.04%
	MAN	D	-0.04%
	STAG	F	-0.04%
	DAWN	F	-0.04%
	CORZ	B	-0.04%
	PFSI	D	-0.04%
	DIN	C	-0.04%
	PRGO	B	-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%
	ANAB	F	-0.04%
	RVMD	C	-0.04%
	CELH	F	-0.04%
	ARRY	D	-0.04%
	ROKU	D	-0.04%
	BILL	A	-0.04%
	HLF	C	-0.04%
	ANGI	D	-0.04%
	NHI	D	-0.04%
	ACHC	F	-0.04%
	MMS	F	-0.04%
	FHN	A	-0.04%
	JANX	C	-0.03%
	SWIM	C	-0.03%
	AXTA	A	-0.03%
	GMED	A	-0.03%
	ALHC	C	-0.03%
	RDFN	D	-0.03%
	ADT	C	-0.03%
	LTH	C	-0.03%
	CHRD	D	-0.03%
	VNDA	C	-0.03%
	DNB	B	-0.03%
	BBIO	F	-0.03%
	QXO	D	-0.03%
	OFIX	B	-0.03%
	CIEN	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%
	SLAB	D	-0.03%
	BRSP	B	-0.03%
	CDP	C	-0.03%
	MGNI	A	-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%
	RLI	B	-0.03%
	RKT	F	-0.03%
	UVE	B	-0.03%
	NRC	F	-0.03%
	OLED	D	-0.03%
	BKD	D	-0.03%
	RXT	C	-0.02%
	ERAS	C	-0.02%
	WOOF	D	-0.02%
	SSB	B	-0.02%
	CACI	D	-0.02%
	MSM	C	-0.02%
	TSE	F	-0.02%
	KVYO	C	-0.02%
	ARCT	F	-0.02%
	OMER	A	-0.02%
	BRY	F	-0.02%
	DYN	F	-0.02%
	EVH	F	-0.02%
	PRO	C	-0.02%
	QRTEA	F	-0.02%
	GPRO	F	-0.02%
	SAFE	D	-0.02%
	MSA	D	-0.02%
	JELD	F	-0.02%
	EDR	A	-0.02%
	KRNY	B	-0.02%
	ALAB	B	-0.02%
	EVRI	A	-0.02%
	NUS	D	-0.02%
	EPR	D	-0.02%
	BMBL	D	-0.02%
	OPI	F	-0.02%
	WTFC	A	-0.02%
	MTW	C	-0.02%
	DBI	F	-0.02%
	CLVT	F	-0.02%
	PR	B	-0.02%
	RLJ	B	-0.02%
	PBF	D	-0.02%
	CRSP	D	-0.02%
	TLRY	F	-0.02%
	SITC	D	-0.02%
	TWO	D	-0.02%
	CNDT	C	-0.02%
	OPEN	D	-0.02%
	SNDX	F	-0.02%
	AKRO	B	-0.02%
	PTCT	B	-0.02%
	LANC	C	-0.02%
	ALGM	D	-0.01%
	VAL	D	-0.01%
	DINO	D	-0.01%
	PGEN	F	-0.01%
	ARR	D	-0.01%
	JAMF	F	-0.01%
	PCH	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%
	JOBY	B	-0.01%
	WTI	F	-0.01%
	ZUO	B	-0.01%
	BKH	A	-0.01%
	CRAI	B	-0.01%
	MITK	C	-0.01%
	NTLA	F	-0.01%
	ROIV	C	-0.01%
	SWX	B	-0.01%
	HCAT	D	-0.01%
	OIS	C	-0.01%
	RBRK	A	-0.01%
	HQY	B	-0.01%
	HMST	D	-0.01%
	AXS	A	-0.01%
	STGW	B	-0.01%
	OLPX	D	-0.01%
	GEF	A	-0.01%
	GWRE	A	-0.01%
	RHP	B	-0.01%
	PYCR	C	-0.01%
	ASGN	F	-0.01%
	MBLY	C	-0.01%
	OSUR	F	-0.01%
	SWTX	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%
	MAGN	F	-0.0%
	UNM	A	-0.0%

VIOO: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology REIT - Diversified Diversified Industrials Software - Application Packaged Foods Specialty Chemicals Asset Management Medical Devices Oil & Gas Equipment & Services REIT - Retail Software - Infrastructure Auto Parts Insurance - Property & Casualty Oil & Gas E&P Restaurants Specialty Retail Building Materials Communication Equipment Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Chemical Real Estate Loans Aerospace Clothing Insurance Commercial Bank Mining Semiconductor Transport Commercial Banking Mortgage Loan Investment Management Retail Store Construction

SMLF: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Banks - Regional - US Software - Infrastructure Diversified Industrials Specialty Retail Oil & Gas E&P REIT - Office Building Materials Asset Management Business Services REIT - Diversified Engineering & Construction REIT - Retail Specialty Chemicals Leisure Medical Instruments & Supplies Rental & Leasing Services Credit Services Drug Manufacturers - Specialty & Generic

Keywords: Banking Bank Real Estate Investment Trust Medicine Computing Chemical Biopharmaceutical Mining Natural Gas Telecommunications Biotechnology Deposit Products Construction Electronics Aerospace IBD 50 Insurance Semiconductor Cancer Commercial Banking